Boxcar Funded Account Agreement

A. Boxcar provides simulated futures trading accounts, access to supported trading platforms, a dashboard, and related services (the "Services") so that traders can show their skill under published rules and earn performance rewards.

B. No actual trading takes place under this Agreement. The Funded Account uses simulated capital ("Simulated Capital"), and no order is sent to an exchange.

C. You passed a Boxcar evaluation and want to trade the Funded Account and become eligible for rewards on the terms below.

(a) Funded trading. We give you access to the Funded Account through our trading provider and the platforms we support. You have no ownership interest in the Funded Account or the Simulated Capital and cannot withdraw or transfer either. We may limit, pause, or end access as this Agreement and our Terms of Use allow. We are not responsible for errors, delays, or interruptions in market data or in the platforms.

(b) Login and credentials. The Funded Account uses the same login and password as your evaluation. Your credentials are personal to you: keep them confidential, and do not let anyone else trade or request payouts through your account.

(c) Automated trading and copiers. You may run your own automated strategies and trade copiers on your own Boxcar accounts. You are responsible for their orders, errors, disconnections, and costs, and each account must still follow its own rules. High-frequency trading designed to exploit very short-lived price or execution differences is not allowed.

(d) Trading hours and holidays. You may trade the products listed on our Supported Products page during their electronic sessions, Sunday through Friday from 6:00 PM to 4:45 PM ET. Every position must be closed by 4:45 PM ET, or earlier when an exchange holiday or early close ends trading sooner. Positions still open at the cutoff are closed automatically; that scheduled close is not itself a breach.

(e) Account outcomes. If the balance reaches the maximum loss level in Exhibit A, the Funded Account fails: it closes to new trades and cannot be reset. You may ask support to close the Funded Account at any time. We may close positions or restrict trading when needed to apply the rules, protect the Services, or comply with law.

(f) Prohibited conduct. In connection with the Funded Account, you must not:

• exploit errors, delays, or defects in prices, data feeds, simulated fills, or the platforms;
• use spoofing, layering, or other manipulative or disruptive order practices, or high-frequency trading;
• hold opposing positions in the same or correlated products across accounts, whether yours, another trader's, or at another firm, or opposite positions in the same contract within one account;
• use microscalping to take advantage of simulated execution (an account is reviewed when more than half of its profit comes from trades held five seconds or less);
• trade together with another person, trade for someone else, or let someone else trade for you;
• get around location, identity, account, or technical restrictions; or
• break the Program Rules for your plan, including any news restriction in Exhibit A, or commit fraud or abuse of the Services.

(g) Consequences. If we determine that you broke the trading rules or engaged in prohibited conduct, we may correct results, remove the affected trades or trading days, return balances to an earlier level, deny a pending payout, close the Funded Account, or end your access to the Services, as the Program Rules and our Terms of Use describe.

You represent, acknowledge, and agree that:

(a) No investment services. Boxcar does not provide investment, brokerage, or advisory services, does not receive or execute trading instructions for you, and does not hold or manage money or other assets for you.

(b) Simulated trading. All trading in the Funded Account is simulated. A simulated trade is not an instruction to trade in a real market, and Simulated Capital has no monetary value.

(c) No indication of results. Results in the Funded Account do not indicate results in real markets, and past results or rewards do not guarantee future results.

(d) Large profits. Unusually large profits in a single trade or day may be reviewed for compliance with the rules before a reward is approved.

(e) Accurate information. The information you give us is accurate and complete, and you will update it promptly. Giving false information is a material breach of this Agreement.

(f) Laws and taxes. You will comply with the laws that apply to you, obtain any permits you need, and pay any taxes on your rewards.

(g) Eligibility. You meet the eligibility requirements of our Terms of Use and are not subject to sanctions or other legal restrictions that prevent us from serving you.

(h) Personal account. The Funded Account and your rights under this Agreement are personal to you and cannot be transferred.

The Funded Account follows the Program Rules for your plan, summarized in Exhibit A. We apply the Program Rules in effect for your plan and change them only as our Terms of Use allow, giving advance notice of material changes to active accounts when practical. You are responsible for reviewing the current Program Rules.

(a) Calculation. Profit and loss are calculated from your simulated fills, after the simulated commission charged per contract on entry and exit as listed on our Supported Products and Commissions page. Trades or days removed under Section 1(g) do not count.

(b) Your reward. Your only compensation under this Agreement is a reward: your share of the profit in an approved payout request, calculated under Exhibit A. You are not entitled to a salary or any other payment. Simulated gains do not create a debt or withdrawal right until a payout is approved.

(c) Profit split. Approved payouts are split 90% to you and 10% to Boxcar. The minimum request is $500 before the split, and the payout limits in Exhibit A apply.

(d) Payout process. You request a payout through support, as My Portal describes. Before approving a payout, we confirm the account's eligibility and verify your identity, and your business for a business profile. Approved requests are final. Payouts are paid from Boxcar's funds through a payment method that support confirms; processing times are targets, not guarantees. Profit that has not been paid out remains at risk in the account.

(a) Term. This Agreement starts when you accept it and continues until the Funded Account closes.

(b) Maximum loss. The Funded Account closes if it reaches the maximum loss level in Exhibit A.

(c) Inactivity. Each account needs at least one completed trade with at least $1 of net profit or loss in every 30 calendar days. A Funded Account without one is treated as abandoned and may be permanently removed. Contact support before the limit if you expect to be away.

(d) Violations. We may close the Funded Account and end this Agreement if you materially breach it, give false information, or engage in prohibited conduct. Payouts already approved and paid are not taken back because of a later good-faith rule breach, but we may recover a payment made in error or obtained through fraud.

(e) Live review. When the Funded Account reaches the live review in Exhibit A, we may consider you for a separate live-capital arrangement. A review is not a promise of live trading or capital. A live arrangement needs its own agreement, and moving live closes your simulated accounts as the Program Rules describe.

(f) Refunds and chargebacks. A refund or chargeback of the evaluation that earned the Funded Account ends it.

Keep your login credentials confidential, and do not disclose non-public Boxcar materials, systems, or account information that you receive through the Services, except as the law requires.

Sections 2, 4 (for approved payouts), 6, and 8 through 20 continue after this Agreement ends. Ending this Agreement does not affect rights or obligations that arose before it ended.

Disputes about this Agreement follow the dispute terms of our Terms of Use: written notice and 30 days of good-faith informal resolution first, then the state and federal courts located in New York County, New York. This Agreement does not require arbitration.

We receive the Funded Account's trading activity, balances, and risk settings from our trading provider and your platforms, and use them to administer the program, apply the rules, verify payouts, and protect the Services, as our Privacy Policy describes. We may also create and use aggregated or deidentified data.

This Agreement adds to our Terms of Use, Privacy Policy, Risk Disclosure Statement, and Disclaimer of Liability, Refunds, and Chargeback Policy, which continue to apply. If they conflict with this Agreement about the Funded Account, this Agreement controls.

Keep your communications with Boxcar professional and respectful. We may review communications and account activity for risk, compliance, and quality purposes.

You acknowledge that no live trading takes place in the Funded Account, that you own no property, funds, or positions in it, and that profit not yet paid out is at risk. We communicate in English, and you confirm that you can read and understand this Agreement in English.

We may verify your identity, residency, tax status, sanctions status, and payment history at any time, including before approving a payout. We may decline to continue, or close the Funded Account, if verification fails or the information you gave us is false.

You may not assign this Agreement without our written consent. We may assign it as part of a merger, financing, reorganization, or sale of our business. This Agreement binds you, us, and our permitted successors.

A delay or failure to enforce a right under this Agreement does not waive that right or any other.

Headings are for convenience only and do not affect how this Agreement is read.

This Agreement is governed by the laws of the State of New York and applicable federal law, without regard to conflict-of-law rules. This does not limit a consumer protection right that the law applicable to you does not allow to be waived.

You accept this Agreement electronically by checking "I have read and agree to the terms of this agreement" and selecting Submit. Your electronic acceptance is as binding as a handwritten signature. We keep a record of your acceptance, the version, the time, and the document you reviewed.

If a provision of this Agreement is unenforceable, it is limited to the minimum extent necessary and the rest of the Agreement continues.

This Agreement, Exhibit A, and the documents named in Section 10 are the entire agreement about the Funded Account. We may publish new versions of this Agreement for future upgrades; the version you accept governs your Funded Account unless you accept a new one.

Exhibit A lists your plan's funded rules with how each one works: account size, maximum loss limit, daily loss limit, position limit, payout requirements, consistency where the plan has it, payout limits, profit split, live review, any news restriction, trading hours, and inactivity. It is generated from the Program Rules published for your plan and shown with the agreement when you upgrade.