Simulated Trading Disclosure

• Evaluations use simulated trading. Funded accounts are also simulated. No order you place is sent to a real market.
• Simulated account balances do not represent money you deposited or own. You cannot withdraw a simulated balance.
• Simulated profits are not actual trading profits, and simulated losses are not actual trading losses.
• Simulated fills, prices, slippage, liquidity and execution speed may differ, sometimes significantly, from what would happen in live markets.
• Simulated performance does not guarantee and is not indicative of future results, in simulation or in live trading.
• Any payout is a performance-based payment under the written Trader Agreement and Payout Policy, paid from CORE TRADING's own funds. It is not a share of real trading profits.
• CORE TRADING does not guarantee income, profitability, passing an evaluation, or any payout.

Simulated results are prepared with the benefit of a controlled environment. They do not involve financial risk to you beyond the fee you paid, and they cannot fully account for the effect of real market conditions such as liquidity, order queue position, partial fills and the emotional pressure of risking real money. Strong simulated results do not mean a person would achieve similar results trading a live account.

When we say "funded account" we mean a simulated account in the funded stage of our program, which can qualify you for performance-based payouts. It is not a live brokerage account, and no capital is allocated to you to trade.