Payout Policy

1. Nature of Simulated Profit Allocations

The Black Vault Funding, Inc. ("Company") operates a simulated trading evaluation platform. All accounts, trades, and financial activity are simulated and involve no real money. When the Company refers to "profit splits," "payouts," "allocations," or "funded account earnings," these terms describe a program benefit within the Company's simulated evaluation framework. These amounts represent simulated profits calculated on a notional account balance and may be paid to eligible traders by the Company from its own operating funds, at the Company's sole discretion and subject to the conditions set forth in this Policy.

No real trading capital is deployed on behalf of any trader. The Company does not operate a pooled investment fund, hedge fund, or collective investment scheme. Payout amounts are not derived from real market gains and are not governed by securities or commodities regulations applicable to real trading firms.

2. Eligibility Requirements

To be considered eligible for a payout, a trader must satisfy all of the following conditions at the time of the payout request:

• Successfully completed all evaluation phases as specified in the applicable program's Evaluation Rules
• Achieved the required simulated profit target on the funded account designation without violating any drawdown, daily loss, consistency, or behavioral rules during the funded phase
• Maintained a minimum number of trading days as required by the funded account program rules (typically at least 10 calendar days minimum between payout requests)
• Passed identity verification: government-issued photo ID and, where required, proof of address and tax identification number
• Signed the Trader Agreement and all required payout documentation
• No open disputes, rule violations, compliance flags, or pending account reviews
• The trader's account must remain active and in good standing at the time of the request

3. Payout Request Process

Eligible traders may submit a payout request through the Trader Portal. The Company will acknowledge the request within three (3) business days. Following acknowledgment, the Company will conduct an account review to verify rule compliance, trading pattern authenticity, and eligibility. The review period is up to ten (10) business days from the date of the completed submission.

During the review period, the Company may request additional documentation, including but not limited to identity verification, tax forms (e.g., W-9 for U.S. persons, W-8BEN for non-U.S. persons), and trading pattern explanations. Failure to provide requested documentation within five (5) business days may result in the request being closed without approval.

4. Profit Split Structure

The applicable profit split percentage is specified on the program purchase page and in the Trader Agreement at the time of program enrollment. Default profit split percentages are published on the Payouts page. The Company reserves the right to modify profit split percentages for new program enrollments with reasonable notice. Existing funded account designations in good standing will not have their profit split percentage reduced without notice and consent.

Payout amounts are calculated based on simulated net profits accrued since the last approved payout date, less any applicable fees disclosed at the time of program enrollment. Minimum payout thresholds apply and are disclosed on the program purchase page.

5. Discretionary Review and Right to Decline

All payout requests are subject to final approval at the Company's reasonable discretion. The Company reserves the right to decline or defer a payout request in any of the following circumstances, without limitation:

• Evidence of rule violations, account manipulation, or trading patterns inconsistent with genuine independent trading
• Evidence of coordinated group trading, account copying, or exploitation of platform anomalies
• Failure to complete identity verification or provide required tax documentation
• Any open fraud investigation, compliance review, or suspected policy violation
• Account activity that, in the Company's assessment, does not reflect the spirit or intent of the evaluation program

The Company's decision regarding any payout request is final and binding, subject to dispute resolution under the Terms of Service.

6. Payment Methods and Timing

Approved payouts will be processed through the Company's available payment methods, which may include ACH bank transfer, wire transfer, or digital payment platforms as announced from time to time. Payment is typically initiated within five (5) business days following payout approval. Processing times vary by payment method and recipient institution. The Company is not responsible for delays caused by third-party payment processors, banks, or financial institutions.

7. Tax Obligations

Traders are solely responsible for any and all tax obligations arising from payout amounts received from the Company, including income tax, self-employment tax, and any applicable reporting requirements under federal, state, or local law. The Company will provide required tax documentation (e.g., Form 1099-NEC for U.S. persons) where applicable. Traders are advised to consult a qualified tax professional regarding the tax treatment of simulated program earnings in their jurisdiction.

8. Right to Modify or Discontinue Program

The Company reserves the right to modify, suspend, or discontinue the funded account program or payout structure at any time with reasonable notice. Traders with existing funded account designations in good standing at the time of a program discontinuation will be given a reasonable wind-down period to submit outstanding payout requests. The Company does not guarantee the indefinite availability of any program.

9. Contact

Payout inquiries should be directed to: [email protected]. Include your account number and trader ID in all correspondence.