The simulation
Aurion evaluations and any separate funded-stage accounts under the described model operate in simulated trading environments. Displayed balances, positions, equity and profit/loss are simulations, not customer-owned deposits or brokerage balances.
Your purchase
An evaluation fee pays for access to the specified assessment service and its related digital facilities, subject to the accepted evaluation rules and order terms. It is not a deposit, investment in securities, funded brokerage allocation or promise of future income.
From evaluation to another stage
Completion of objectives may establish eligibility to apply for a subsequent simulated stage, subject to compliance and the relevant agreement. A new stage is not automatically guaranteed solely because a simulation shows a profit.
Performance rewards
Where an applicable separate agreement permits performance-based rewards, any entitlement is contractual and subject to its review, qualification, timing and compliance conditions. Rewards are not withdrawals of a customer-owned trading balance.
Differences from real markets
Simulated execution, historical testing and displayed results may differ significantly from real market execution, including slippage, liquidity, spread, latency and counterparty conditions. Simulated performance is not evidence of actual trading results.
No brokerage, custody or advice
Under this model Aurion does not accept customer trading deposits, custody customer assets, execute investments as a broker or provide individually tailored investment advice.