STARFALL CIRCLE terms & conditions
REV. 2026.09 Back to the desk

Legal/ TERMS OF SERVICE · REV. 2026.09 · 45 CLAUSES

Terms & conditions

These are the terms that govern the desk page, the STQuant terminal, the funded-account mandate, the referral programme and every payment made through the checkout. By paying, you accept every clause below, whether you read it or not — so this page is written to be read: forty-five numbered clauses, a contents rail that stays with you, and nothing hidden behind a download.

Effective from the date this page last changed · supersedes all earlier revisions · a copy of this revision is stamped in the header of this page and in clause 45.

The forty-five clauses

01Definitions and interpretation

In these terms, "the desk", "we", "us" and "our" mean Starfall Circle, the operator of this website, its terminal, its signal engines and its funded-account programme. "Member", "you" and "your" mean the natural or legal person who accesses the page, opens the cash desk, funds a seat or is granted any entitlement following a payment.

"Seat" means the bundle of access rights a member holds, whether that bundle is the live terminal, the signal engines, the funded-account mandate, the referral entitlement, the HackTools entitlement, or any combination of them. "Funded book" means the notional capital the desk makes available under a mandate, expressed in US dollars before any multiplier that the desk publishes on the access table. "Order reference" means the short code the checkout and the cash desk show with a request, so that an incoming payment or a payout can be matched to you. It is a label on a request, and nothing more: it is not an account, not a wallet, and not a claim on a balance held anywhere on your behalf.

Headings are convenience only and do not affect construction. "Including" and "such as" introduce examples and never limit the words that precede them. A reference to a clause is a reference to a clause of these terms. Where a figure is expressed as a range, the desk decides where inside that range a particular seat sits, and states the decision in writing before the seat is funded. Where these terms conflict with anything said on any other page, in a video, in a chat message or in a screenshot, these terms prevail.

02Eligibility

You must be at least eighteen years old, or the age of majority where you live if that is higher, to fund a seat or use the terminal. You must be legally able to enter a binding contract, and you must not be resident in, or accessing the service from, any jurisdiction where the promotion or use of leveraged trading products, referral programmes of this kind, or the receipt of crypto-asset transfers of this kind is prohibited by law.

It is your responsibility to establish that your use of this page is lawful where you are, and to pay any tax that arises from anything you receive from the desk, including any profit share, bonus, referral credit or rebate. We do not withhold, report or calculate tax on your behalf. We may ask for evidence of identity, age or residence at any point before or after funding a seat, and we may refuse or unwind a seat where that evidence is not provided or does not hold up. Where a person funds a seat on behalf of another, both are bound by these terms and both are liable for the payment.

03Nature of the service

The desk is a demonstration product. It does not hold client money, does not connect to a custodian, does not clear orders on any exchange on your behalf and does not manage assets for a return. The terminal replays a locally stored historical snapshot. The signal engines compute from that snapshot. The funded book is notional: it is a number the site maintains so that a mandate, a risk limit and a performance chart can be shown end to end, not a balance you can draw against.

The checkout is real in the sense that it produces a crypto payment request with an address, an amount and an expiry, and a human answers messages sent to it. Anything paid is payment for membership, data access, tooling and the desk's review time. It is not a deposit, it is not capital placed under management, it is not a security, and it does not create a partnership, a joint venture, a trust or an agency between you and the desk. No clause of these terms transfers any ownership interest in the desk, in its software, in its data or in any trading account whatsoever.

Where a page, a video, a message or a member of staff describes a result in the past tense or in the present continuous, that description is a record of a simulation or of an illustration, and it is not a representation that the same result is available to you, or to anyone, in the future. Nothing on this site is a projection, a forecast, a target or a guarantee of any outcome, and no statement should be read as one.

04Membership, billing cycles and cancellation

A seat is granted for the cycle stated at checkout, being either a quarterly cycle or an annual cycle. The cycle begins when payment is verified, not when it is sent. Where a payment is sent in the last hours of a promotion, the promotional terms quoted at the moment the invoice was generated apply to that invoice and to that invoice only.

Renewal is manual unless the checkout states otherwise in writing. If a cycle lapses, access to the terminal, the signal engines and any active mandate is paused and resumes on the day the renewal is verified; the desk does not back-credit a paused period and does not charge for it. You may cancel at any time by telling the desk in writing before the next cycle opens. Cancelling stops the next charge; it does not reverse a cycle that has already begun, because the access that cycle buys has already been delivered.

Fees are quoted in US dollars. Where a checkout displays an equivalent in another currency, that figure is a conversion computed from a public exchange-rate feed at the moment the page was rendered and is provided for convenience; the obligation is the dollar amount, and any difference caused by a rate movement or by a network fee is yours to settle with the desk. Where a seat is upgraded mid-cycle, the desk credits the unused portion of the current cycle against the new price at its own discretion and states the credited figure in writing before the upgrade is verified.

05Funded account mandates

A funded mandate is a simulated allocation. Its size is published on the access table and begins at ten thousand US dollars; the largest standard size is one hundred thousand US dollars, and any figure above that is a custom mandate negotiated in writing. The funded book is derived from the seat price by a published multiplier, displayed on the tier card at the moment of purchase, and recorded in the checkout summary. We do not change that multiplier retroactively for an existing mandate.

Every mandate carries a drawdown limit, a daily loss limit and a position-size rule. The desk may close a simulated position that breaches a limit, may reduce the mandate size, and may suspend a mandate that breaches a limit repeatedly. A breach does not by itself end the membership: the terminal and the data stay available. Where a mandate is suspended, the member may request a review in writing, and the desk answers with the specific simulated fills that triggered the suspension.

You may not sell, sublicense, share, lend, pool or otherwise transfer a mandate, in whole or in part, and you may not operate a mandate on behalf of a third party for a fee. A mandate is personal to the member named on it. Where the desk reasonably believes a mandate is being operated as a signal service for third parties, by more than one person, or by software that the desk has not authorised, it may suspend the mandate immediately pending review.

06Profit split and payouts

The profit split published for a seat, being ninety-two per cent at the entry size, ninety-five per cent at the mid size and up to ninety-seven and a half per cent at the top size, applies to simulated profit measured by the desk's own accounting over a complete cycle. The desk absorbs simulated losses to the extent stated on the tier card; where a card does not state that the desk absorbs losses, it does not.

A payout is released on request after a cycle closes, to a wallet address you control and provide in writing, in the network you nominate. The desk pays standard network fees on payouts. A payout request is a request: the desk verifies the address, verifies that the cycle is closed, and confirms that no limit is under review. Where verification cannot be completed, the desk says why and holds the request rather than sending it blind.

Nothing in this clause promises a payout, because a payout depends on simulated profit existing in the first place, and clause 09 explains why that may never happen. A payout is never paid twice, and a request that has been paid is not reversible by either party once the transaction is confirmed on the network you nominated.

07Deposits

A top-up may be made in any currency the cash desk lists, and the minimum is three hundred US dollars equivalent. There is no maximum. The desk reserves the right to price a top-up above ten thousand dollars as a custom mandate, which changes the published split in your favour and is agreed in writing before payment.

Payments are accepted in crypto assets only, on the networks listed at checkout. You are responsible for sending on the correct network, to the correct address, within the payment window shown. A send on the wrong network, a send after the window closes, or a send of an asset the checkout did not ask for, may be unrecoverable; the desk will try to help trace it but cannot guarantee recovery, and a loss of that kind is not refundable.

The desk verifies each incoming transaction before a seat is activated. Verification is manual by design. A payment made from a custodial exchange may carry no sender information, in which case the desk matches your payment by amount, time and the order reference the checkout showed you. Keep that reference. Where two payments arrive at almost the same time for the same amount, the desk may ask you to confirm which one is yours before crediting either.

Amounts are credited in dollars. A conversion from another currency is computed at the rate the cash desk displayed when the request was generated, not at the rate on the day the network confirms it, and a material movement between those two moments is borne by the member. Where a payment is short of the invoiced amount, the desk credits the seat in proportion to what arrived or asks for the difference, at its discretion.

The floor is published wherever an amount is typed, not only here. The cash desk will not carry an amount below it to the checkout, and the deposit window in the terminal says what the desk would credit instead. An amount below three hundred US dollars equivalent is not credited and does not activate a seat. Where such a payment is sent anyway, the desk treats it as a deposit on account, holds it against a later top-up that clears the floor, and says so in writing; it is not refunded as a matter of routine, and the network cost of returning it, where the desk returns it, is deducted from the amount.

08Withdrawals

A withdrawal request names a network, an amount and a payout address. The desk verifies that the address belongs to the network named, and pays the standard network fee. What you request is what you receive; a fee charged by the network is the desk's cost and is not deducted from your amount.

Requests are settled in the order received, normally within twenty-four hours and never on a public holiday where the desk has said it is closed. A request may be held where the destination address is on a sanctions list, where the request appears to be the product of unauthorised access to a member's device, or where the desk is required by law to hold it. Where a request is held, the desk tells the member in writing and gives a reason that is as specific as the law allows.

Where an address is wrong through no fault of the desk, the transaction is on the public ledger and cannot be recalled by anyone. The desk will provide the transaction hash and any information a receiving service may need, and will not be liable for the value lost. This is the single most common way a member loses money at any desk, which is why the cash desk repeats the warning beside the address field.

09Risk disclosure

Leveraged trading in gold, in currencies and in crypto assets carries a high risk of loss. You can lose the entire book, and you can lose more than the book where a venue gap or a stop fill beyond your level produces it. The funded book is sized at full margin in the terminal's simulation, which means a move of one per cent against a hundred-fold position consumes the entire notional allocation. That is a real property of the position sizes shown on this site; it is not a decoration.

Past performance, whether simulated or real, is not a reliable indicator of future results. A backtest is an argument about the past, made with data that has already been cleaned, corrected and labelled. The market that produces tomorrow's candle has not been cleaned, corrected or labelled, and it does not know what your stop is. Where a chart on this site shows a smooth curve, that smoothness is a property of the accounting, not a property of the market.

Before using anything you see here with your own capital, satisfy yourself that you understand the instrument, the venue, the margin mechanics, the funding costs and your own tolerance for drawdown. If you do not, do not trade. If a result you read here matters to a decision you are about to make, ask the desk for the underlying data and check it yourself; the desk will provide the snapshot and the code path that produced it.

Nothing on this site is a recommendation to buy or sell any instrument, in any size, at any time. The signal engines are rule sets, not advisers. A checklist that scores a setup is not a person who knows the future, and it is not a promise that the setup will work.

10No investment advice, no fiduciary duty

The desk does not provide investment advice, portfolio management, brokerage, custody, tax advice or legal advice, and does not act as your agent. No relationship of adviser and client, of trustee and beneficiary, or of fiduciary of any kind arises from your use of this page, from any message exchanged with the desk, or from any payment made through the checkout.

Views, checklists, annotations, chat replies and commentary published here are the desk's own opinion, offered without a duty to update them, and are not tailored to your circumstances. Where a member of staff discusses a market, an instrument or a strategy, that discussion is educational and general. It is not a solicitation, a recommendation or a personal advice service.

11Market data

Historical and live-looking prices come from public exchange and reference feeds, and from snapshots the desk stores locally for the terminal to replay. Feeds are provided "as is": they may be delayed, sampled, incomplete, restated or withdrawn without notice. Instruments tagged LIVE are drawn from a public feed; instruments tagged SIM are produced by the desk's local simulation, and are labelled as such on every panel that shows them.

You may not scrape, redistribute, resell, rebroadcast, sublicense or systematically extract the desk's data, its snapshot files, its derived timeframes, its signal output or its analytics, whether by hand, by script, by model training or by any automated means. A single member may read the data through the terminal for their own use, and may screenshot what they see. Nothing more is granted.

12STQuant terminal and backtests

The STQuant terminal is a replay and analysis tool. It reads a stored gold snapshot, derives higher timeframes from it, and reports what a fixed rule set would have done on bars that have already printed. Two rows are shown side by side and must not be confused. The hindsight row is allowed to look at bars that come after the entry: it buys the low of a window and sells the high of a window, so it looks immaculate and cannot be traded by anyone, including the desk. The fitted row may not look at anything that had not already printed when the decision would have been made, and it is the only row that is allowed to be believed.

Backtest results depend on assumptions that are choices, not facts: the fill model, the cost model, the slippage on a stop, the treatment of gaps, the quarantine of bars a venue never really traded, and the split of history into a training window and a hold-out. Change any of them and the numbers change. The desk publishes its assumptions and its hold-out results, including the ones that look bad, and it publishes the code path that produced them so a member can re-run the numbers on their own machine.

A backtest that has no edge out of sample is not a product to be sold, and the desk will say so where that is the finding. Where a headline figure on the terminal comes from the hindsight row, the row is labelled as a demonstration on the panel itself, and the row that can be traded sits next to it for comparison.

13Performance figures and illustrations

Every performance figure on this site is illustrative unless it is expressly attributed to a live feed on the panel that shows it. Where a figure is produced by simulation, it is a record of what a model did, not a record of what a member earned. Where a figure is described as funded, it is measured against a notional allocation and not against money received.

Charts, badges, counters, tickers, wallpaper text and the terminal's tape are partly decorative. A number that moves on a screen is not evidence of a position, a fill or a balance. Where a panel carries a label such as SIM, DEMO, ILLUSTRATIVE or NOT PERFORMANCE, that label controls the reading of everything on the panel.

14Referral and partner programme

A member may hold a referral entitlement, which pays a share of the membership fee paid by members introduced through their link, according to the schedule published on the partner desk. A referral credit accrues only on a payment that has been verified and only for a member who remains within the terms of the desk. Referral credit may be withheld, adjusted or reversed where an introduced member's payment is charged back, reversed, or found to be the product of a false identity.

Referral links may be shared publicly, but may not be placed on search-engine-advertised branded keywords, in pop-up or pop-under traffic, in incentivised traffic offering a reward for signup, in cookie-stuffed placements, or alongside content that is unlawful, misleading or that imitates the desk. Self-referral, the use of more than one identity per person, and the artificial generation of signups are prohibited, and the desk may reclaim credit obtained that way.

A referral credit is not a wage, not employment, not a partnership and not a franchise. The referring member is an independent person who accepted these terms, is responsible for their own tax, and has no authority to bind the desk, to quote a price, to offer a guarantee, or to describe themselves as an employee, agent or representative of the desk. The desk may change the referral schedule prospectively at any time; a change never affects credit already accrued.

15HackTools entitlement

Where a seat includes HackTools premium, the entitlement covers the tools, templates and research material listed on the partner desk for the duration of the cycle. The entitlement is personal, non-transferable and revocable, and it is not a licence to attack, probe or interfere with any system you do not own or have written permission to test.

Tools supplied under this clause are provided for lawful security research, education and defensive testing only. You are solely responsible for the lawful use of anything you download, and for any consequence of using it. Where a tool is used against a third party without authorisation, the desk will cooperate with lawful requests from the affected party and from the authorities, and may terminate the entitlement without refund.

Where the entitlement includes the Android build, the desk serves the file from its own pages and prints the version and the size it is serving beside the button, so the build you download is the build the page names. Installing software from outside a store is your decision and your device: the desk states the Android versions the build supports and does not claim that any store has reviewed it. A build the desk withdraws stops being served, and the published version stops advancing with it.

16Acceptable use and prohibited conduct

You must not, and must not permit anyone using your access to:

  • copy, decompile, reverse engineer, resell or white-label the terminal, the engines or any part of the service;
  • use the service to break any law, to launder value, to evade sanctions, or to fund anything unlawful;
  • share credentials, session tokens or seat access with anyone, or operate a seat as a group service;
  • attack, overload, probe or scrape the site, its endpoints or its infrastructure, or circumvent any rate limit or access control;
  • publish invented results, invented screenshots or invented testimonials about the desk, or present this demonstration as an audited record;
  • impersonate the desk, its staff or another member, in any channel, for any reason;
  • upload malicious code, or use the chat service to distribute malware, phishing links or unsolicited advertising;
  • harass, threaten, dox or defraud another member, a member of staff, or any third party;
  • use the service from a jurisdiction where doing so is prohibited, or on behalf of a person who is prohibited from doing so.

A breach of this clause may lead to immediate suspension, to the loss of any seat and any entitlement attached to it, and, where the law requires or permits it, to a report to the competent authority. The desk may also recover from the member any cost it incurs because of the breach, including the cost of mitigating an attack or of responding to a lawful demand produced by it.

17Account security

Where the site offers a sign-in, you are responsible for the credentials, the device and the network you use to reach it. Use a unique password, keep the recovery channel under your own control, and tell the desk immediately if you believe a credential has been exposed. The desk never asks for a seed phrase, a private key or a wallet password, and anyone who does is not the desk.

The desk may suspend a session, force a re-authentication or lock a seat where it sees activity consistent with a takeover. Where the desk suffers a security incident that affects member data, it will state plainly what happened, what was affected and what a member should do, and it will not describe the incident in language designed to be unreadable.

18Privacy and personal data

The desk asks for as little as it can. A visit to the public pages stores nothing on a server of ours: there is no analytics, no advertising pixel, no third-party tracker and no cross-site identifier. Where you sign in, the identity provider holds your email address and a display name; that is the entire profile, unless you send more in a message.

Where you send payment details in a chat in order to be verified, those details are used to verify the payment and are retained only as long as a competent authority may ask for them. You may ask, at any time, what is held about you, ask for a copy, ask for a correction, or ask for deletion, and the desk answers within thirty days. Where a deletion request collides with a record the desk must keep by law, the desk says which record and why.

Data is transmitted over TLS. Anything stored in this browser — the currency you chose and the panel states described in clause 19 — stays in this browser; clearing site data deletes it, and the desk cannot restore it. Where a member is in the European Economic Area, the United Kingdom, Switzerland, Brazil, or any other region granting comparable rights, the desk honours those rights in full and does not treat them as a request for a favour.

19Cookies, local storage and browser state

The site uses browser storage for things that must survive a refresh: the currency you chose, the tabs you last opened, the collapse state of a panel. None of it is sent to us, none of it is a balance, and none of it is a claim against the desk. It is a convenience copy that lives on your device.

The cash desk keeps no running record of payments or requests on your device: it shows an order reference with the request you are sending, and shows it once. The desk's own record of a verified payment is the record that controls, and where anything you hold disagrees with it, the desk's record wins and the desk will show it to you on request.

20Intellectual property

The desk's name, marks, logo, page designs, terminal interface, generated artwork, written copy, checklist logic, engine code, snapshot files and derived data all remain the property of the desk or of its licensors. You receive a limited, revocable, non-exclusive, non-transferable right to view the pages and use the terminal for your own personal, non-commercial purpose while your seat is in good standing.

Feedback, bug reports and suggestions you send may be used by the desk without obligation, attribution or payment, and you grant the desk a perpetual licence to do so. You retain ownership of anything you create yourself, including your own journal, your own notes and your own analysis, and the desk claims no rights over them.

21Third-party services and links

The site links to and depends on services the desk does not control, including exchange price and market-data feeds, font and script delivery, an identity provider, a video platform and the crypto networks used for payment. The desk is not responsible for the availability, accuracy, terms or conduct of any of them, and a link is not an endorsement.

Where a third-party service changes its terms, its price or its API in a way that breaks a feature, the desk will attempt to repair the feature or to say on the page that it is unavailable. The desk will not invent a number to fill a gap left by a feed that has stopped answering.

22Availability, maintenance and force majeure

The service is offered on an "as available" basis. The desk may suspend it for maintenance, for a migration, for a security response, or because a dependency outside its control has failed. The desk aims for continuous availability but does not promise it, and does not promise a particular latency, uptime figure or data-refresh rate.

The desk is not liable for a failure caused by something outside its reasonable control, including a natural event, a network or power failure, an act of a government, a sanctions measure, a change in law, a failure of a public feed or a host, a cyber-attack, or a labour dispute. Where such an event continues for more than sixty days, either party may end the arrangement and the desk will refund the unused portion of a cycle that could not be delivered.

23Limitation of liability

To the fullest extent the law allows, the desk is not liable for indirect, incidental, special, punitive or consequential loss, for lost profit, lost opportunity, lost data or lost goodwill, whether the claim is framed in contract, in tort, in statute or otherwise, and whether or not the desk was told such loss was possible.

Where liability cannot lawfully be excluded, the desk's total aggregate liability to a member is limited to the membership fees that member actually paid in the twelve months before the event giving rise to the claim. Nothing in this clause limits liability for fraud, for wilful misconduct, or for anything else that cannot lawfully be limited.

You accept that the amounts payable for a seat are set on the basis of the exclusions and limitations in these terms, and that the desk would not offer the seat at that price without them. Where a jurisdiction does not allow some part of this clause to operate, it operates to the greatest extent that is permitted there, and the rest of these terms continues in force.

24Indemnity

You agree to indemnify and hold the desk, its staff and its contractors harmless against any claim, loss, cost or expense, including reasonable legal cost, arising from your breach of these terms, your misuse of the service, your infringement of a third party's rights, your use of a tool supplied under clause 15, or a representation you make about the desk that these terms do not authorise.

The desk will tell you promptly about any claim it seeks to have indemnified, will give you the opportunity to participate in the defence where it is reasonable to do so, and will not settle a claim in a way that admits your wrongdoing without your agreement.

25Suspension and termination

The desk may suspend or end a seat where these terms are breached, where a payment is reversed, where a legal or regulatory requirement compels it, or where continuing would expose the desk or another member to risk. Where the desk ends a seat for its own convenience rather than because of a breach, it refunds the unused portion of the current cycle pro rata and says so in writing.

You may end your seat at any time by telling the desk in writing. On termination, access to the terminal, the engines, the entitlement and any active mandate ends; referral credit already accrued and payable is settled to the wallet on file; your journal and your notes, being stored in your browser, remain yours.

Clauses that by their nature should survive termination do survive it, including those covering risk disclosure, intellectual property, liability, indemnity and governing law.

26Complaints

A complaint should be sent in writing to the desk's published contact, with the reference of the payment or the mandate it concerns. The desk acknowledges a complaint within five business days and answers it within thirty days, or says why it needs longer and when an answer will come.

Where a complaint is about a simulated result, the answer will include the rule that produced it, the parameters in force at the time and the data window that was used, so the member can check the answer rather than accept it. If a complaint shows that a published figure was wrong, the desk corrects the figure on the page and notes the correction; it does not quietly change the number.

27Governing law and disputes

These terms are governed by the law of the jurisdiction the desk names at the foot of this page, without regard to its conflict-of-law rules. Before starting any formal proceeding, both sides agree to attempt to resolve the matter in writing for at least thirty days, using the complaint route in clause 26.

Where a matter cannot be resolved, it is decided by the courts of that jurisdiction, and each side bears its own costs unless the law or the court orders otherwise. Nothing in this clause removes a consumer right to bring a claim before a court where they live, where that right cannot lawfully be waived.

28Changes to these terms

The desk may change these terms. A change that reduces a member's rights takes effect on the next cycle and is announced by the revision stamp at the top of this section; a change that is required by law takes effect when the law does. The revision stamp shows the date and the clause count of the version you are reading.

A member who does not accept a change may end the seat before the next cycle opens and keeps the access already paid for until that cycle ends. Continuing to use the service after a change takes effect is acceptance of it.

29General

Where any part of these terms is found unenforceable, that part is severed and the rest continues in force. A failure to enforce a clause is not a waiver of it. You may not assign your rights under these terms; the desk may assign its rights to a successor, with notice on this page.

These terms, together with the price and split published at the moment of purchase and any written custom mandate, are the entire agreement between you and the desk, and they replace anything discussed before. A notice is valid where it is sent to the contact published in clause 45, or, from the desk to you, to the address you used to sign in or the channel you used to write to it.

This page is published in English. Where a translation is offered, it is a courtesy and the English text controls any question of meaning. The clause headings, the contents list and the revision stamp are part of the document for navigation and do not limit the text of a clause.

30Support and response times

Support is reached through the channel published in the site footer and on the checkout screen. It is answered by a person, in the order received, and the desk's target is two business days for an ordinary question and five for anything that needs a record pulled out. Where a question concerns a payment, quote the reference the checkout showed you; where it concerns a funded book, quote the mandate handle. Both of those are what let an answer be found without asking you to repeat yourself.

Three things are treated as urgent and are picked up the same day: a payment the desk has held, a session the member believes has been taken over, and a withdrawal that has passed its window. Everything else waits its turn, including a request for a strategy opinion, which is answered under clause 10 or not at all.

Support will never ask for a seed phrase, a private key, a wallet password or a payment to a new address, and will not ask a member to install a remote-access tool. A message that does any of those is not from the desk, whatever it says in its profile picture. Where a question cannot be answered by support, it is escalated inside the desk and answered as a complaint under clause 26.

31Verification and premium entitlement

Where a seat or a partner entitlement is claimed as already bought — the premium verification offered on the desk page, and the form the desk hands out directly — the check is manual. You attach one proof of purchase, your HackTools ID and a phone number that reaches you; the desk reads the proof against the partner's own records and answers within twenty-four hours. Nothing you send is published, and nothing is passed to the partner beyond what the check itself needs.

A proof that cannot be read, that names another person, or that has already been used for another seat is refused with a reason, and may be sent again. Verification is not a sale, not a subscription and not a statement that the tooling is fit for any purpose: it confirms entitlement only, and the entitlement stays personal, non-transferable and revocable under clause 15. A verification obtained with a forged, edited or shared proof is withdrawn, and the seat it was attached to may be ended under clause 25.

Proofs are kept only for as long as a dispute or an audit window lasts and are then deleted; the member may ask for the deletion of a proof before that, and the desk will confirm what it removed. Verification carries no fee, and no fee is charged to check it again after a refusal.

32Cashier and checkout access

The cash desk and the checkout are member-only pages. They do not open without a session: a reader who reaches them without one is sent to the sign-in page and returned to the page they asked for once signed in. Sign-in is provided by a third-party identity provider described in clause 21, and the desk keeps no password of yours — no page on this site has ever asked for one, and none will.

A session lives in the browser it was created in. Clearing site data, switching browser, switching device or losing the identity provider's cookie ends the access on its own, and a session the desk believes has been taken over is ended early under clause 17. A session is not a payment method, not a wallet and not a key to be shared: it identifies you to the desk and does nothing else. Sharing it is a breach of clause 16.

Pages that show market data — the desk, the terminal and this document — need no session at all, and the desk will say so in a revision of this page before any of them becomes member-only, under clause 28.

33Community room and member conduct

The community room is part of the demonstration. It opens with the page by default, shows the members it says are present, and streams its backlog as the clock passes each line. Reading it needs no seat; posting does, and the composer says so. What you post is yours — you keep the copyright in it and grant the desk a licence to display, archive and quote it in the room and in support — and you are responsible for it being lawful, accurate and yours to post.

Lines written in another language are shown with a short English gloss beside them, added by the desk. The gloss is there so the room stays readable to everyone in it; it is not a certified translation, and where a gloss and its line appear to disagree, the line is the record. The desk may correct or remove a gloss without touching the line under it.

The room is not advice, not a signal service and not a marketplace. Solicitations, referral spam, recruitment, price promises, impersonation and the sharing of another member's personal data are breaches of clause 16, and a room used that way may be closed to the member who used it. The desk removes a line where it must, may suspend posting for a period instead of ending a seat, and does not read the room to police opinion — only to keep it usable and lawful.

34Leaderboard, statistics and illustrative desk data

Every member figure this site publishes — the leaderboard, the roster, the count of traders online, the payout strip, the desk feed and the room's backlog — is drawn from one dataset written for this demonstration. It is computed as a function of the calendar and the clock. It is not sampled from accounts, and no row of it is a real person's result.

It is the same board for everyone. There is no per-visitor personalisation, nothing reshuffles on a reload, and a member's figure moves on the desk's daily roll-over rather than between two reads of the same day. The seats it lists are the funded books and the real-money accounts; a seat that is only partly funded is not listed at all, and a demonstration seat is not listed at all. Where a page shows a statistic without a person attached to it, that figure comes from the same dataset and is asserted against it.

The names, handles, avatars, messages and results in that dataset are invented for the demonstration. They are not a record of real traders, real profits or an audited track record, and quoting them as one is prohibited by clause 16. Where the desk ever publishes a real, audited figure, it will say that it is one and link the source beside it.

35Beta features, replays and labelled demonstrations

Parts of the service are published as previews, replays or simulations: the STQuant replay, the backtest engine, the order-ticket tools, the generated imagery on the desk page and anything labelled SIM, REPLAY or BETA. These carry no availability promise. A preview may change, be rebuilt, or be withdrawn without notice, and its label is part of the feature: an instrument tagged SIM is produced by the desk's own simulation, and an instrument tagged LIVE is drawn from a public feed.

What a replay computes is a statement about stored history, cleaned and labelled after the fact, and it is not a promise about a live market under clause 09. A feature withdrawn while a cycle is running does not extend the cycle and does not change what it costs; a withdrawal is announced on this page and in the panel that used to hold the feature, and the desk does not bill for a preview it has taken away.

36AI-assisted features

The desk publishes assistant features — the trade assistant on the ticket, the setup summaries, the annotation tools. Depending on the feature, the answer is produced by rules held on the desk's own side or by a third-party model reached over the network, and the panel that offers it says which. An answer can be incomplete, stale, generic or plainly wrong. It is generated from the instrument, the timeframe and the data in front of it, and it knows nothing about your book, your obligations or your tolerance for loss.

An assistant's output is not advice under clause 10, not a signal under clause 12 and not a fact. Where a request goes to a third party, the desk sends only what the request needs and does not send your identity or your payment details; the third party's own terms, listed under clause 21, apply to that leg of the trip. Do not type a seed phrase, a private key, a password, an address or anyone's personal data into an assistant field — the desk never asks for any of them, and anything typed there may be logged by the model that answers.

37Automated access and rate limits

The pages, the simulation and the datasets are published for people reading them. Automated reading, scraping, mirroring, bulk download of the stored history, or the use of anything here to train or evaluate another model needs the desk's written permission, and a redistribution right is never granted by implication under clause 11. The desk applies rate limits to protect the site, and a limit may be raised on request for a member's own use, in writing, without changing the terms.

Where traffic from one source degrades the site for everyone else, the desk may slow it, block it or answer it with a refusal page, without notice and without a refund of anything attached to it. A block is not the end of a seat by itself; a seat used to mount an automated campaign against the desk or against another service through the desk's pages is suspended under clause 16, and the desk will say which of the two has happened.

38Sanctions, prohibited persons and source of funds

You confirm that you are not the subject of a sanctions list, that you are not acting for a person who is, and that you are not in a jurisdiction where this service is prohibited. The desk may ask what the value you send consists of and where it came from, and may decline, hold or return a payment where the answer is missing or unconvincing. Where a payment is returned, it goes back to the address it arrived from, less any network cost the desk has already paid.

The desk answers lawful requests from competent authorities, and may hold a seat, a withdrawal and the entitlement attached to it while an enquiry is open. Where the law allows it to say so, it tells the member that a hold is in place and why, and it never describes a hold as a technical delay. A member who believes a hold is wrong may complain under clause 26 while the hold continues.

39Tax

You are responsible for every tax your use of this service attracts in your own jurisdiction — income, capital gains, value added, withholding or any other. The desk does not withhold tax for you, does not report to a tax authority on your behalf, and does not give tax advice under clause 10. Figures published on this site are stated before tax.

The cash desk lists the payments it has recorded, and a summary may be requested for your own records; it is a statement of what the desk recorded, not a tax document, not a valuation for a return, and not a substitute for your own books. Keep your payment references: they are what the desk matches a payment against, and they are what a conversation with a tax authority will ask for.

40Notices

A notice to the desk goes through the support channel published in the site footer, and, where it concerns a payment, quotes the payment reference the checkout showed you. A notice from the desk goes to the address you signed in with or to the channel you wrote from, and is treated as received when it is sent. Keep that contact current; a notice sent to an address that has stopped working is still a notice.

Where the desk must give notice of a suspension, a hold, a refusal or a revision, it does so in writing and gives a reason. A message that claims to be from the desk but does not come from one of the channels named on the checkout screen is not a notice from the desk, and the desk never sends a notice asking for a seed phrase, a private key, a password or a payment to a new address. Clause 17 says the same thing from the other side.

41Service levels, maintenance and downtime

The desk aims to settle within the windows these terms name, to keep the sign-in working and to keep the pages and the simulation reachable. Those are targets and not a guaranteed service level. Maintenance is normally done outside the hours the desk says it is open and is announced where the notice is the desk's to give; an emergency change is announced afterwards, with what was done.

The simulated book is not a position held anywhere: an outage costs you the view, not a trade, because the desk holds nothing of yours (clause 03). Nothing is owed for a period the site was unreachable, except the billing remedy clause 04 already gives for a cancelled cycle. Where an outage prevents a withdrawal request from being made inside a window these terms state, the window is extended by the length of the outage, counted from the moment the desk announced it.

42Recording and monitoring of communications

Messages sent to the community room, to support, or through a form on this site are kept, so that a complaint can be answered and a suspected breach can be investigated. A recording is read for those purposes, for moderation, and to answer a lawful request under clause 38. The desk does not sell it, does not use it for advertising, and does not hand it to a partner; access inside the desk is limited to the people who need it for one of those purposes.

Where the desk answers a lawful request that names a member, it tells the member that it has done so, unless the law forbids the telling. A member may ask what the desk holds about them and receive an answer under clause 18; a request to delete a line is honoured where no complaint, dispute or legal duty keeps it alive.

43Assignment and change of control

The desk may assign, transfer or novate these terms, a seat and any entitlement attached to it to a successor, with notice published on this page. The successor takes the seat on the terms published at the moment of the transfer, and the desk answers for the period before it. Where the desk disposes of the programme as a whole, the published revision travels with it, and nothing in the transfer shortens a cycle the member has already paid for.

You may not assign your rights under these terms, sublicense a seat, or transfer an entitlement to another person; a transfer attempted in breach of this clause has no effect between you and the desk and is a breach of clause 16.

44Independent parties, survival and third-party rights

The desk and the member are independent parties. Nothing in these terms creates a partnership, an agency, a joint venture or a relationship of employment between them, and neither may bind the other. A person who is neither the desk nor the member has no right to enforce any clause of this document.

Where these terms end, whatever the reason, the clauses that have to outlive them continue to apply: risk disclosure (09), privacy and data (18), intellectual property (20), liability (23), indemnity (24), governing law (27), illustrative desk data (34), tax (39), this clause and the acceptance recorded in clause 45. Ending a seat does not cancel a payment already settled, a payout already owed, or a duty that arose before it ended.

45Contact and acceptance

The desk's contact for anything in these terms is the support channel published in the site footer and on the checkout screen. Quote the payment reference where your question concerns a payment, and the mandate handle where it concerns a funded book.

By funding a seat, by paying an invoice, by ticking a consent box at checkout, or by continuing to use the terminal after a revision of these terms takes effect, you confirm that you have read and understood every clause above, that you accept them, that you are eligible under clause 02, and that you understand the risk disclosure in clause 09, the illustrative nature of the desk data in clause 34 and the demonstration nature of the service stated in clause 03.

Revision 2026.09 · 45 clauses · effective from the date this page last changed · supersedes all earlier revisions. This document is long on purpose: it is the only place where the desk's obligations to you are written down in full, and the clauses past 30 are the ones that describe the site you are actually looking at — the verification, the member-only cashier, the room, the board and the data behind all three.

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