WICK

WICK — Terms of Service

Effective Date: 2026-04-29 Last Updated: 2026-04-29

1. Nature of the Service

WICK ("the Platform") provides a simulated trading environment for the purpose of evaluating trading skill. By using the Platform, you acknowledge and agree that:

  • All trading activity occurs in a simulated environment using real-time market data
  • No actual financial trades are executed with your money or any third-party broker
  • Account balances displayed in the Platform are virtual amounts for evaluation purposes only
  • Profit and loss displayed are simulated outcomes, not real financial gains or losses

2. Products

2.1 Challenge

A skill evaluation phase. Trader pays a one-time fee to access a simulated account with defined rules. If the trader meets the profit target without breaching drawdown rules within the time limit, they advance to the Funded phase.

2.2 Express Funded

A direct-to-funded option that skips the Challenge phase entirely. Trader pays a higher one-time fee and receives immediate access to a Funded simulated account with the same rules as Challenge passers. No trading is performed by WICK on behalf of the customer to "pass" the challenge — the customer simply skips the evaluation phase.

3. Trading Rules (Both Challenge and Funded)

| Rule | Setting | |---|---| | Maximum drawdown overall | 6% trailing (Challenge) / 6% fixed (Funded) | | Maximum drawdown daily | 5% from balance at start of day | | Profit target (Challenge only) | 8% within 30 days | | Minimum trading days | 5 active days before payout request | | Consistency rule | Largest single-day P&L must not exceed 35% of total profit | | Maximum lot size | Per tier (see Pricing page) | | Trading hours | Markets open: 22:00 UTC Sunday — 22:00 UTC Friday | | Friday auto-close | All positions closed at 22:00 UTC Friday | | Expert Advisors / Bots | Not permitted (manual trading only) | | News trading restriction | No trades 2 minutes before/after major news (NFP, FOMC, ECB) |

Rule violations result in automatic account termination with no refund.

4. Profit Split & Payouts

4.1 Split

  • Trader receives: 70% of simulated profit
  • WICK retains: 30% of simulated profit

4.2 Payout Conditions

  • Minimum 5 active trading days completed
  • No rule violations during the cycle
  • Consistency rule satisfied
  • Funded phase only (no payouts during Challenge)
  • Payouts processed in USDT TRC20 to the wallet on file
  • First payout cycle: 14 days after Funded activation
  • Subsequent payouts: every 14 days, on request

4.3 Balance Scaling

  • After 2 consecutive consistent payouts (no breaches, consistency rule met), trader's funded balance increases by +25%
  • Maximum scaling: account balance × 5 (e.g., $5K → $25K cap)

5. Tier Availability

WICK currently offers $5K, $10K, and $25K accounts. The $50K, $100K, and $200K tiers are listed as "Sold out — waitlist" until our treasury reserves meet the minimum threshold required to safely guarantee payouts at those volumes. We disclose this transparently rather than offer accounts we cannot sustainably support.

6. KYC & Identity Verification

  • Identity verification is required before account activation
  • Acceptable documents: government-issued ID + selfie
  • KYC documents stored encrypted, retention 5 years per applicable AML regulation
  • WICK reserves the right to reject KYC for any reason consistent with AML compliance

7. Refund Policy

  • Challenge fees are non-refundable once the account is activated
  • Express Funded fees are non-refundable once the account is activated
  • Refund requests for unactivated accounts (payment received but account never accessed) accepted within 7 days, processed in USDT minus network fees

8. Prohibited Activities

  • Account sharing or selling
  • Use of EAs, bots, or automated trading
  • Hedging across multiple accounts (same trader)
  • Latency arbitrage or exploiting demo data feed delays
  • High-frequency trading patterns inconsistent with manual trading
  • Coordinated trading across multiple accounts

Violations result in account termination, forfeiture of fees, and ineligibility for future participation.

9. Limitation of Liability

WICK is a simulation platform. In no event shall WICK be liable for:

  • Any direct, indirect, incidental, or consequential damages arising from use of the Platform
  • Real-world financial decisions made by the user based on their simulated trading experience
  • Market data delays, gaps, or inaccuracies
  • Service interruptions or downtime

Total liability is limited to the fees paid by the user for the specific account in question.

10. Account Termination

WICK reserves the right to terminate any account that violates these Terms. Terminated accounts forfeit all fees paid and any pending simulated profits.

11. Modifications

WICK may modify these Terms with 30 days' notice. Existing active accounts remain governed by the Terms in effect at the time of purchase.

12. Governing Law

These Terms are governed by the laws of [Jurisdiction TBD]. Any disputes shall be resolved through binding arbitration.

13. Contact

Questions about these Terms: support@[domain-tbd]

By purchasing a Challenge or Express Funded account, you confirm that you have read, understood, and agree to these Terms in full.