Terms of Service

The rules of our evaluation programme, funded accounts and payouts.

Last updated 21 July 2026 · Version 1.0

1Who we are

These terms are an agreement between you and LEVAFX FZ-LLC, a company registered in Dubai, United Arab Emirates under registration number 47029689, with its registered office at FBC51, Compass Building, Al Shoala Road, Dubai, UAE.

Throughout this document, "LEVAFX", "we", "us" and "our" mean that company. "You" means the person who has registered an account. "Platform" means the LEVAFX website, dashboard and trading terminal.

You can reach us at [email protected].

2Agreeing to these terms

By registering an account, buying an evaluation, or using any part of the platform, you confirm that you have read these terms and agree to be bound by them. If you do not agree, do not use the platform.

We may update these terms. If we make a change that materially affects your rights, we will email you at the address on your account and publish the change here with a new version number and date. Changes take effect fourteen days after we notify you, except where a change is required by law or is needed to address a security issue, in which case it may take effect immediately.

Changes do not apply retroactively to an evaluation you have already purchased. The rules shown at the time you bought an account continue to govern that account until it is closed.

3What this service actually is

This is the most important section in this document.

LEVAFX operates an evaluation programme. You pay a fee to attempt a set of trading objectives in a simulated environment. If you meet those objectives, we may offer you a simulated funded account and pay you a share of the simulated profit you generate on it.

What we are not

• We are not a broker, dealer, exchange, or investment firm.
• We do not hold client money, hold securities, or execute orders on any market.
• We do not provide investment advice, portfolio management, or trading signals.
• Nothing on this platform is a solicitation to buy or sell any financial instrument.

How it works

Your orders are executed against price data sourced from third-party market data providers. The prices are real. The trades are not. No order you place is sent to any exchange, liquidity provider or counterparty. Your balance is a number in our database.

Payments you make are fees for access to the evaluation service. They are not deposits, not investments, and are not held on your behalf. You have no claim on them and they are not segregated.

Payments we make to you are a performance-based reward under this contract. They are not the withdrawal of profit from a trading account, because there is no trading account.

4Who can use LEVAFX

To register you must:

• be at least 18 years old, or the age of majority where you live if higher;
• have the legal capacity to enter into a binding contract;
• not be a resident of, or located in, any country subject to comprehensive sanctions by the United Nations, the United States, the European Union or the United Arab Emirates;
• not appear on any applicable sanctions or watch list;
• not be prohibited from using a service of this kind under the laws that apply to you.

It is your responsibility to know whether this service is lawful where you live. We do not provide legal advice and we cannot tell you whether your local law permits you to participate. If you are unsure, take your own advice before paying for anything.

You may hold accounts under one identity only. Registering more than once, or registering on behalf of another person, is a breach of these terms.

5Fees and payment

Evaluation fees are shown on the platform before you buy and are charged in US dollars. We accept payment in cryptocurrency only. The exact amount and network are shown to you before you send anything.

Refunds

Evaluation fees are non-refundable once an account has been issued. The fee buys access to the evaluation, and access begins the moment your account is created.

We will refund in full if:

• you paid but no account was created, and we are unable to create one;
• we cancel your evaluation for a reason that is not your fault;
• a refund is required by law that applies to you.

Cryptocurrency transactions are irreversible. If you send funds to the wrong address, on the wrong network, or in the wrong amount, we may be unable to recover them. Check the address and network carefully before sending.

6Evaluation rules

The exact objectives for your account are shown on the product page before you buy and in your dashboard afterwards. They are also enforced automatically by the platform. The following describes how each rule works.

Profit target

Each phase has a profit target expressed as a percentage of the starting balance. You reach it when your balance, including any open positions valued at current market prices, meets or exceeds the target.

Maximum drawdown

Your account fails if your equity — your balance plus the profit or loss on any open positions — falls to or below the maximum drawdown floor. Depending on the product, this floor is calculated either from your starting balance or from your highest recorded equity.

Daily drawdown

Your account fails if your equity falls to or below the daily floor, calculated from your balance at the start of the current trading day. The trading day resets at 22:00 UTC.

Consistency requirement

Where a product specifies qualifying trades, you must close a stated number of individual trades each producing at least a stated percentage of the starting balance in profit. Balance adjustments made by us do not count toward this requirement.

No time limit

There is no minimum number of trading days and no deadline. Your account remains active until you pass, until it breaches a drawdown limit, or until it is closed under section 9.

Breach is automatic and final

Drawdown limits are enforced by the platform continuously. When a limit is breached, the account is closed immediately, all open positions are closed, and the account cannot be restored. We do not reverse a breach that was caused by your own trading, including a breach caused by a market gap or a stop loss that filled worse than the level you set.

7Trading rules

You may trade only the instruments we make available, in the volumes we permit, during the hours we publish. Current instrument terms — spread, maximum leverage, maximum position size and trading hours — are shown in the terminal and may be changed by us with effect from the time of the change.

Execution

Orders are filled at the current price held by our platform at the moment we process them, adjusted by the published spread. We refuse to fill an order if our price feed has not received a genuine market update for a defined period, because filling on a stale price would be unfair to one side or the other.

Stop losses are not guaranteed to fill at the level you set. If the market gaps past your stop, your position is closed at the first price we have after the gap, which may be materially worse. This is standard market behaviour and applies equally in a simulated environment.

Prohibited practices

The following will result in your account being closed without a payout:

• Exploiting a platform error — including a pricing error, a calculation error, a delayed or frozen feed, or any defect that produces a result the rules did not intend.
• Latency or arbitrage strategies that profit from a difference between our prices and another source rather than from a view on the market.
• Coordinated trading between accounts, whether your own or with others, designed to guarantee that one account passes.
• Automated abuse — scripts, bots or tooling used to place orders at a frequency or in a manner a person could not, or to interfere with the platform.
• Reverse engineering, probing or attacking the platform, its API or its infrastructure.
• Account sharing or sale — allowing another person to trade your account, or transferring it to anyone.
• Providing false information at registration or during identity verification.

We are not required to warn you before acting on a breach of this section. Where we believe a breach has occurred, we will tell you what we found and give you a reasonable opportunity to respond before making a final decision, unless doing so would prejudice an investigation.

8Funded accounts and payouts

Passing every phase does not automatically entitle you to a funded account. Each passing account is reviewed by us before a funded account is offered. We will normally complete a review within one business day.

Profit split

Your share of simulated profit is shown on the product page and in your dashboard. It is calculated on the profit you request, not on the account balance.

Requesting a payout

You may request a payout when all of the following are true:

• the account is a funded account and has not been closed;
• you have no open positions;
• the waiting period since your first trade on the funded account has elapsed;
• the amount is above our published minimum and within our published maximum percentage of the account balance per request;
• the amount does not exceed profit above the starting balance;
• your identity has been verified under section 10;
• you have no other payout request awaiting review.

The current minimum, maximum and waiting period are published in your dashboard and may be changed for future requests.

How a payout is paid

An approved payout is credited to your LevaWallet as LevaCoin, which you may convert to USDT and withdraw to a cryptocurrency address you control. We aim to send withdrawals within 24 hours of approval, and we will send you the blockchain transaction reference so you can verify it yourself.

You are responsible for providing a correct address on the correct network. We cannot recover funds sent to an address you provided incorrectly.

When we may decline a payout

We may decline a payout request, and will tell you why, if:

• the account breached a rule in section 7;
• identity verification is incomplete or the information does not match;
• we are required to withhold payment by law or by a payment provider;
• the request does not meet the conditions above.

Where a payout is declined for a reason that is not a rule breach, and the underlying profit is valid, the funds remain in your account and you may request again once the issue is resolved.

Taxes

Any payout is yours to declare. You are solely responsible for any tax arising from money you receive from us, and for determining what you owe and where. We do not withhold tax and we do not provide tax advice.

9Closing an account

You may stop using the platform at any time. Evaluation fees already paid are not refunded on closure.

We may close your account, with notice where practicable, if you breach these terms, if we are required to by law, or if we discontinue the service. If we close your account for a reason that is not your fault and you hold a valid unpaid balance, we will pay it.

10Identity verification

Before your first payout you must complete identity verification. This is carried out by a third-party provider on our behalf and involves photographing an identity document and a short liveness check.

We may also ask for verification at other times where we are required to, or where we have reasonable grounds for concern. Refusing or failing verification means we cannot pay you.

Documents are handled by our verification provider. LEVAFX does not store your identity documents. See our Privacy Policy.

11The platform, and when it does not work

We try to keep the platform available and accurate, but we do not guarantee it will be uninterrupted or error-free.

Market data comes from third-party providers. If that data is delayed, interrupted or incorrect, trading may be paused or orders refused. We are not liable for a result you would have achieved had the platform been available. This includes a profit you believe you would have made, or a loss you believe you would have avoided.

Where a platform fault produces an obviously incorrect result — a fill at a price that never existed, a balance that could not have arisen from your trades — we may correct it. We will tell you what we corrected and why.

We may carry out maintenance, and will give advance notice where we reasonably can.

12Intellectual property

The platform, its software, design, content and the LEVAFX name and marks belong to us. You may use them only as needed to use the service. You may not copy, adapt, distribute or create derivative works from any part of the platform.

Anything you send us as feedback or a suggestion may be used by us without obligation to you.

13Limits on our liability

Nothing in these terms limits our liability for fraud, fraudulent misrepresentation, or anything else that cannot lawfully be limited.

Subject to that:

• We are not liable for indirect, consequential, special or punitive loss, or for loss of profit, revenue, opportunity, data or goodwill.
• Our total liability to you, for all claims arising out of or in connection with these terms, is limited to the total fees you have paid us in the twelve months before the claim arose, plus any payout that was properly due to you and unpaid.
• We provide the platform "as is". To the extent permitted by law, we exclude all implied warranties.

If you are a consumer, this section does not affect rights you have under mandatory consumer protection law where you live.

14Risk

15Disputes

If something goes wrong, contact us first at [email protected]. We will acknowledge within two business days and aim to resolve it within fourteen.

These terms are governed by the laws of the United Arab Emirates, and the courts of Dubai have exclusive jurisdiction, except where mandatory law where you live gives you the right to bring a claim in your own courts.

16General

If any part of these terms is found unenforceable, the rest continues to apply.

Our not enforcing a right on one occasion does not mean we give it up.

You may not transfer your rights under these terms. We may transfer ours if we sell or restructure the business, and will tell you if we do.

These terms, together with our Privacy Policy and the rules shown on the product page for your account, are the whole agreement between us.