Terms of Service

The Bullions Challenge is a paid, skill-based evaluation conducted on an MT5 demo account using simulated funds. It is not a brokerage account, deposit account or investment product. No real funds are placed in the market through the Challenge.

Current one-time entry options are USD 99 for a simulated USD 50,000 account and USD 280 for a simulated USD 200,000 account. Entry fees purchase access to the evaluation, demo-account provisioning, verification and ranking. Entry fees are not trading capital, have no cash value and cannot be withdrawn.

Each season runs for 30 days and supports a maximum of 20 assigned MT5 demo accounts, subject to inventory. The Top 6 are selected using the ranking methodology displayed in the platform. Bullions may disqualify accounts that breach the published Challenge rules.

A Top 6 position provides Challenge qualification status only. It does not guarantee funding, investor allocation, employment, income, payouts, returns or admission to another Bullions program. Any separate opportunity requires additional review, eligibility and separate terms.

Users must be at least 18 years old and may participate only where the service is permitted. Payment, cancellation and refund conditions presented before checkout apply, together with any rights required by applicable law.

Performance fees are separate from the Bullions Challenge. A Challenge result or Top 6 qualification does not itself create performance-fee revenue. A strategy must pass any applicable separate review and receive an investor copy allocation through BullPad before performance fees can apply.

The current strategy-manager performance fee is 30% of net-new positive investor copy profit above the applicable high-water mark. No performance fee is charged on deposited capital, losses or profit that merely recovers a previously reached high-water mark.

Performance fees settle through the platform's scheduled weekly settlement and when an investor closes or rebalances an allocation. The settlement system is designed to prevent double-charging the same performance. A withdrawal does not create an additional performance fee on profit already settled.

Live fee figures displayed before settlement are estimates, not earned or withdrawable revenue. Strategy approval, investor allocation, positive profit and performance-fee revenue are not guaranteed.