Last updated: July 2026

Trading & Payout Rules

These Trading & Payout Rules ("Rules") govern every account offered by Capifront ("Capifront", "we", "us"). They apply to both the two-step evaluation and any funded account that follows. By purchasing an evaluation or trading any Capifront account, you agree to be bound by these Rules, our Terms of Service, Risk Disclosure, Refund Policy and Privacy Policy.

Important — simulated trading. All Capifront accounts are simulated (demo) accounts funded with virtual balances. No real money is ever deposited, traded or at risk in your account, and no real orders are ever routed to a market or liquidity provider. Capifront is not a broker and provides no market execution. All prices, balances, profits and losses are simulated. Any payout you may receive is a discretionary real-money reward based on your performance in the simulation — not the withdrawal of trading profits. See the Risk Disclosure for full detail.

1. Evaluation Objectives

The evaluation is a two-step process — a Challenge phase followed by a Verification phase. To advance, you must meet the profit target for that phase without breaching any risk limit. The objectives below apply to each phase. All percentages are calculated against the account's starting virtual balance.

• Profit Target — 10% per step (two-step evaluation). You must grow the account's virtual balance by the stated profit target for the phase to pass it. Once you reach the funded stage, there is no profit target — you simply trade to generate simulated profit.
• Maximum Daily Loss — 5%. Your equity (including floating/open positions) must never fall more than 5% below the account's starting balance within a single trading day. This limit is measured against the starting balance of the account and resets at the start of each new trading day (server time). Breaching it at any moment during the day — even briefly on open positions — is a breach.
• Maximum Overall Loss — 10%. Your equity must never fall more than 10% below the account's starting balance at any point, on any day, for the life of the account. This is a hard floor.
• Minimum Trading Days — 4. You must place trades on at least 4 separate calendar days in each phase. This prevents a single lucky session from passing the evaluation.
• Time Limit — Unlimited. There is no deadline to complete a phase. Trade at your own pace.

A breach means immediate account termination. If you breach the Maximum Daily Loss or Maximum Overall Loss at any time — during an evaluation phase or on a funded account — the account is immediately and permanently terminated, all open positions are closed, and the account cannot be recovered, reset or refunded. To continue, you must purchase a new evaluation.

2. Prohibited Trading Practices

Because every account runs on a price simulation, certain strategies do not reflect genuine trading skill — they simply exploit the mechanics, limits or data of the simulation. These are strictly forbidden. Capifront continuously monitors trading activity, and engaging in any of the following will void the account, cancel any pending or claimed payout, and may result in a ban from all future Capifront products, at our sole discretion:

• Exploiting simulated price-feed errors, mispricing, stale quotes, off-market fills, price spikes, gaps, roll-overs or any other data or feed anomaly.
• Latency trading, latency arbitrage, arbitrage or reverse-arbitrage strategies of any kind, and high-frequency trading (HFT) designed to exploit the timing or delivery of simulated prices.
• Hedging or offsetting positions between two or more accounts — whether your own accounts, accounts of other traders, or accounts held with any external broker or venue.
• Group trading, coordinated trading, copy trading, signal-following across accounts, and "account farming" — opening or controlling multiple accounts to increase the statistical chance that at least one passes.
• Grid, martingale, one-directional "all-in", or similar strategies used primarily to game the simulation's risk limits or profit distribution rather than to trade on genuine market conviction.
• Tick-scalping exploits and any technique that relies on filling at prices that would not be obtainable in a genuine live market.
• Use of prohibited Expert Advisors (EAs), bots, scripts or third-party software whose purpose is to exploit the simulation, mass-produce orders, or copy trades between accounts.
• Trading only around, or immediately before, high-impact news or economic releases in order to exploit the simulation's spread, slippage or gap behaviour rather than to express a market view.
• Any form of manipulation, collusion, coordination with other traders, misrepresentation, or fraud intended to obtain a pass, a payout, or any other benefit you would not otherwise be entitled to.

The list above is not exhaustive. Capifront reserves the right to determine, in its reasonable discretion, whether any behaviour constitutes a prohibited practice, and to act on that determination.

3. Payout Rules

Payouts apply only to funded (simulated) accounts that have generated simulated profit while remaining fully within these Rules. A payout is a discretionary reward — not a withdrawal of trading profits, and not a guaranteed entitlement. The following conditions are strict and cumulative; every one of them must be satisfied before any payout is issued.

• Identity verification / KYC is mandatory. Before your first payout you must complete identity verification (KYC), including a valid government-issued ID and any additional documents we request. No payout is processed to an unverified person. Providing false, altered or borrowed identity information voids all eligibility.
• One funded account per verified person. Each verified individual may hold only one funded account. Operating, controlling or benefiting from more than one funded account ("multi-accounting") results in forfeiture of all accounts and all associated payouts.
• Minimum 14 calendar days of activity. You must have at least 14 calendar days of trading activity on the funded account before your first payout request.
• Consistency rule — 40% maximum. No single trading day may account for more than 40% of the total profit generated during the payout period. If one day exceeds this share, the payout may be delayed, reduced, or withheld until profitability is demonstrated more consistently over additional trading days.
• Minimum payout amount — $50. Payout requests must be for at least $50 in eligible simulated profit. Amounts below the minimum roll forward to the next period.
• Payout schedule. The first payout may be requested after the initial 14-day period. Thereafter, payouts may be requested on a bi-weekly basis (once every 14 days), subject to a valid request and all conditions in this section.
• Profit split — up to 90%. Eligible payouts are shared with you at a rate of up to 90% of the simulated profit for the period, with Capifront retaining the remainder.
• Evaluation fee refund. The fee you paid for your evaluation is refunded to you together with your first successful payout, provided your account is in good standing and no Rules have been breached.
• Discretionary review. Payouts are discretionary rewards on simulated performance. Capifront may review, delay, reduce, or deny any payout — in whole or in part — in cases of rule violation, suspicious, abnormal or inconsistent trading activity, incomplete or failed identity verification, or where we reasonably suspect the conditions of this section have not been genuinely met.
• Chargebacks and disputes. Filing a chargeback, payment dispute, or reversal against Capifront immediately voids all payout eligibility and may result in termination of your account and a ban from future products.

4. Account Breach & Termination

An account is breached and terminated when any risk limit in Section 1 is exceeded, or when any prohibited practice in Section 2 or any payout condition in Section 3 is violated. On breach:

• The account is permanently closed and all open simulated positions are closed. The account cannot be reset, restored or reactivated.
• Any pending, requested or claimed payout tied to the breach is cancelled and forfeited.
• No refund is issued on a breached account. Evaluation fees are non-refundable where an account has been breached or where prohibited conduct is found. See the Refund Policy for full detail.
• Where the breach involves fraud, manipulation, multi-accounting or collusion, Capifront may ban you from all current and future Capifront products and withhold any and all amounts.

To continue trading after a legitimate risk-limit breach (with no prohibited conduct), you are welcome to purchase a new evaluation and start again.

5. Amendments

Capifront may update, add to, or change these Rules at any time to keep them fair, to close exploits, or to reflect changes in how the simulation operates. When we do, we will update the "Last updated" date at the top of this page. The latest version published on this page always governs your account, including accounts opened before the change. It is your responsibility to review these Rules periodically. Continuing to trade after a change means you accept the updated Rules.

Questions about these Rules? Review our FAQ or the related pages: Terms of Service, Risk Disclosure, Refund Policy, and Privacy Policy.