Black Vault Legal

Terms of Service

The contract governing site use, purchases, trader accounts, and evaluation services.

Issued by: The Black Vault Funding, Inc.

Version: 2026.11.06-scalping-public-v2 Effective / last updated: November 6, 2026, 10:51 PM CST

Payout limits, monthly activity and short-duration trades

Effective November 6, 2026, at 10:51 PM CST (November 7, 2026, 04:51 UTC).

Five payouts per account

Each account is eligible for a maximum of five completed payouts. After the fifth payout, that account is retired and the trader is invited to a live trading account.

The invitation begins the separate live-account onboarding process; it does not itself open a live account or replace the applicable live-account agreements and eligibility checks.

Trade every calendar month

Traders must record at least one trade on an active account during each calendar month—the first through the last day of the month. If no trades are recorded across a trader’s accounts during a calendar month, all of that trader’s accounts will be closed. No exceptions apply.

Scalping and short-duration review

Genuine manual scalping is allowed. A trade lasting five seconds or less is not automatically a violation. Never hold a losing trade open just to satisfy a timer. Manual review distinguishes legitimate trading from prohibited activity, such as automation, delayed-price exploitation or unrealistic simulated-fill exploitation.

For each account’s payout cycle, divide winning profit from trades held five seconds or less by all winning profit, after commissions and fees. Losing trades are excluded from both totals. This calculation does not use profit above the $2,100 target.

Below 30%: no short-duration percentage warning. From 30% through 50%: advisory warning only, with no penalty. Above 50%: manual review. Crossing 50% alone does not cause profit forfeiture, payout denial, a trading-day restart or account closure.

The first confirmed finding of prohibited activity results in a written warning identifying the trades and prohibited behavior, with no profit forfeiture. If the same prohibited activity continues after that warning, profits attributable to that continued activity are forfeited and the affected account is closed. Unrelated profits are not automatically forfeited; any remaining payout must satisfy the account’s other requirements.

An advisory percentage warning is not a confirmed-violation warning. You receive the identified trades and an explanation of any finding or penalty, and may appeal through a support ticket. Drawdown limits, position limits and the separate 30% per-trade funded-risk rule remain in place. Account sharing, prohibited hedging, automation and system exploitation remain prohibited.

This replaces the short-duration payout rule for accounts originally purchased on or after November 1, 2026. Earlier original purchases remain exempt, including resets. The revised measurement applies only to trades closed from the effective time onward.

Evaluation ownership and funded activation capacity

You may purchase and hold unlimited evaluations. You may have at most five concurrent funded accounts; pending funded activations reserve capacity. A verified pass waits when no funded slot is available. Once a funded slot is offered, you have 30 days to activate it. There is no monthly fee to hold a waiting pass. Existing activation fees, identity checks, account rules, and trading restrictions still apply.

A passed evaluation remains a historical evaluation record while awaiting funded activation. Waiting does not create a provider funded account. A daily pause, suspension, or administrative lock does not by itself release funded capacity. Self-copying is permitted across unlimited accounts owned by the same verified trader. At most five concurrent funded slots may be occupied, including pending reservations.

1. Agreement and scope

These Terms of Service form a binding agreement between you and Black Vault when you visit our website, create or use a trader identity, purchase or access an evaluation or reset, use a simulated funded account, or accept these Terms during checkout. If you do not agree, do not use the services.

The Black Vault Funding, Inc. (“Black Vault,” “we,” “us,” or “our”) operates The Black Vault Funding. Registered office: c/o Registered Agents Inc., 202 N Cedar Ave, Suite 1, Owatonna, Minnesota 55060-2306, United States. Support: [email protected]. Legal notices: [email protected].

2. Eligibility and identity

You must be at least 18 years old, legally able to enter a contract, and permitted to use the services where you reside. You must provide accurate information, maintain one durable trader identity unless Black Vault authorizes otherwise, complete requested identity or fraud-prevention checks, and keep your sign-in methods secure. You may not use the service for another person or allow another person to trade your account.

3. Services and digital delivery

An approved evaluation purchase provides a limited, personal, revocable right to use the selected simulated trading evaluation under the rules shown before payment. The digital service is delivered through the customer’s durable Black Vault trader identity, dashboard, and, when applicable, credentials for an approved third-party simulation platform. An approved reset is a separate digital service that restores an eligible evaluation or Simulated Funded Account to the reset state displayed before payment.

Unless the final order review expressly states otherwise, an evaluation or reset is a one-time charge, not a subscription. Taxes and any professional market-data charge are itemized before payment authorization.

All current Black Vault evaluation and Simulated Funded Accounts are simulated. Any future live trading program will be a separate program governed by separate eligibility, onboarding, agreements, disclosures, and the account documents and requirements of the outside broker and other providers established for that program. Participation in or purchase of a current program does not create a live brokerage account or guarantee future live-program access. An evaluation fee purchases time-limited digital access to a rules-based educational evaluation service. It is not a deposit, investment, brokerage fund, or contribution of trading capital. Simulated balances and profits are not customer-owned cash and cannot be withdrawn. A “Vault Payout” means a company-funded contractual program payment determined only under the published rules; it is not a withdrawal or redemption of simulated funds.

4. Market-data classification

Before payment you must truthfully certify whether you are a Professional or Non-Professional market-data subscriber under the definitions presented in checkout. Your classification may affect fees and access. A Professional selection currently adds the separately itemized market-data fee shown at checkout. We may request supporting information, correct an inaccurate classification, suspend data access, or collect a required difference in fees.

5. Program rules

The Evaluation Rules displayed for the selected product and accepted at checkout are incorporated into these Terms. The dashboard may provide progress information, but the authoritative result is determined from provider records and the accepted rules. If a restriction is not published in the accepted rules or clearly presented before a trade, it will not be used as a hidden basis to fail an evaluation. Material rule changes apply prospectively and may require notice or renewed acceptance.

6. Acceptable use

Use only your own identity and permitted accounts.
Do not manipulate, exploit, reverse engineer, overload, scrape, or interfere with the website, dashboard, Arena, market-data connections, or provider systems.
Do not use unauthorized automation, coordinated account schemes, credential sharing, payment fraud, chargeback abuse, or conduct designed to create an artificial or misleading performance record.
Do not upload or publish unlawful, hateful, discriminatory, threatening, obscene, sexually explicit, infringing, or impersonating content.
Comply with applicable law, exchange and provider terms, sanctions, and the published trading rules.

7. Account action and appeals

We may pause, restrict, investigate, or terminate access for suspected security incidents, fraud, unlawful activity, rule violations, charge reversals, provider requirements, or threats to service integrity. When practical and legally permitted, we will identify the reason and provide a way to submit relevant evidence. We may preserve records needed for audits, disputes, and legal obligations.

8. Prices, payment, refunds, and disputes

Before you authorize payment, checkout displays the selected product, quantity, applicable fees, taxes, discounts, and exact total. You authorize only the total and payment method shown in the final order review. Our Refund and Cancellation Policy and Payment Dispute Policy are incorporated into these Terms. Nothing in these Terms limits a non-waivable consumer right.

9. Simulated Funded Accounts and Vault Payouts

Reaching an evaluation target does not create ownership of simulated funds or guarantee a payment. Eligibility for a Simulated Funded Account or company-funded Vault Payout is governed by the Vault Payout Policy, the published account rules, verification, and applicable law.

10. Third-party services

Market data, simulation, identity, email, hosting, and payment functions may be supplied by independent providers. Their terms may also apply. Naming or connecting a provider does not imply that provider sponsors, endorses, guarantees, or is responsible for Black Vault. See the Provider Disclaimer.

11. Intellectual property

Black Vault and its licensors own the site, branding, software, Arena presentation, rule displays, content, and related intellectual property. You receive no ownership interest. You grant us a limited license to host and display profile content you choose to provide solely to operate and promote the service, subject to your privacy choices and our moderation rights.

12. Disclaimers and limits

Services are provided “as is” and “as available” to the extent permitted by law. We do not promise uninterrupted availability, compatibility with every device, trading results, eligibility for a Vault Payout, or any live trading arrangement. To the fullest extent permitted by law, Black Vault is not liable for indirect, incidental, special, consequential, exemplary, or lost-profit damages. Black Vault’s aggregate liability arising from a paid service will not exceed the amount you paid for the affected service during the six months before the claim. These limits do not apply where prohibited by law.

13. Governing law and disputes

Minnesota law governs these Terms without regard to conflict-of-law principles. Unless applicable law requires otherwise, state and federal courts serving Minnesota have exclusive jurisdiction. Before filing a claim, each party will give written notice and allow 30 days for a good-faith attempt to resolve it. This section does not prevent either party from seeking urgent injunctive relief or using a legally available small-claims process.

14. Changes, severability, and contact

We may update these Terms for legal, security, operational, or product reasons. The version and effective date appear above. Material changes apply prospectively and may require renewed acceptance. If a provision is unenforceable, the remainder remains effective. Our failure to enforce a provision is not a waiver.