These Terms and Conditions ("Agreement") govern your access to and use of the services provided by Nexen Vault Corp., located at Premises NO. 19948-001, IFZA Business Park, DDP Dubai, UAE ("Nexen Vault", "we", "us", or "our"). By registering an account, purchasing an evaluation, or utilizing our WebTrader platform, you agree to be bound by these Terms.
1. Eligibility & Registration
To use our services, you must be at least 18 years of age and reside in a jurisdiction where participation in simulated trading evaluation programs is legally permitted. By creating an account, you confirm that your registration details (including Title, Date of Birth, and Country of Residence) are accurate and match your government-issued ID.
You must pass Know Your Customer (KYC) verification via your Master Dashboard prior to receiving any performance-based rewards.
2. The Nexen Vault Services
2.1 Simulated Environment
Nexen Vault provides an educational and evaluation tool. When you purchase a "Nexen Eval" or "Nexen Instant" challenge, you are paying a service fee to access our simulated WebTrader platform. The balance and metrics displayed on your dashboard (e.g., "$100K Pro") represent simulated data, not real currency.
2.2 Performance Rewards (Payouts)
Traders who successfully manage risk according to our rules and generate a simulated profit are eligible for performance rewards. These rewards are paid from the Company's proprietary funds based on the specific split percentage (e.g., 80%, 85%, 90%) outlined in your purchased plan. All payouts are executed via approved crypto networks (e.g., USDT TRC-20, BTC).
3. Trading Rules & Account Breaches
Your account is continuously monitored by our backend systems. Violating any of the risk parameters outlined in your chosen plan will result in an immediate "Hard Breach," causing your account to be locked and all open positions to be closed.
- Daily Loss Limit: Calculated dynamically. Your equity must not fall below the designated percentage of your starting balance for that day.
- Maximum Loss Limit: Your equity must not drop below the designated maximum drawdown threshold of your initial account size.
4. Prohibited Trading Strategies
Because Nexen Vault evaluates traders for potential capital scaling, we require trading styles that can be replicated in live financial markets. The following practices are strictly prohibited and will result in immediate account termination without a refund or payout:
- Latency & Arbitrage Trading: Exploiting delays in market data feeds or executing trades based on price discrepancies across different platforms.
- High-Frequency Trading (HFT): Utilizing automated bots to spam orders within milliseconds to exploit the simulated execution environment.
- Tick Scalping: Opening and closing positions in under a few seconds consistently to exploit simulated spreads.
- Account Management/Pass-Through Services: Allowing a third party to trade your account or using a service designed to pass evaluations on your behalf.
5. Purchases, Fees, and Refunds
All fees paid to Nexen Vault are for accessing the simulated evaluation environment and WebTrader infrastructure. Once you have executed a single trade on your account, the fee is entirely non-refundable.
If you purchase an account and do not log in or place any trades, you may request a refund within 14 days of your purchase date by contacting support.
6. Platform Uptime & Technical Issues
While Nexen Vault utilizes premium infrastructure (e.g., LD4 Equinix servers) to provide minimal latency, we do not guarantee 100% platform uptime. We are not liable for any simulated losses, missed profit targets, or account breaches resulting from internet disruptions, software glitches, or third-party liquidity feed disconnections.
7. Intellectual Property
All content, designs, logos, the name "Nexen Vault," the "PRIME Capital" scaling system, and the WebTrader interface are the exclusive intellectual property of Nexen Vault Corp. You may not copy, reverse-engineer, or distribute any part of our platform.
8. Governing Law and Jurisdiction
This Agreement and any disputes arising out of or related to your use of Nexen Vault shall be governed by and construed in accordance with the laws of the United Arab Emirates. Any legal actions or proceedings shall be brought exclusively in the courts located in Dubai, UAE.
9. Amendments
We reserve the right to modify these Terms at any time. When we make significant changes, we will update the "Last Updated" date at the top of this page. Your continued use of the platform after changes are posted constitutes your acceptance of the revised Terms.