Trading Disclaimer

Every PRPD account, evaluation or funded, runs in a simulated environment where orders are never sent to a real market. No program involves depositing, using or risking real capital, and we will never ask you to fund a live trading account. We don't offer, and make no promise to offer, a path to trading real capital. Any real-money trading you choose to do elsewhere is outside PRPD and not arranged by us.

Simulated prices are modelled on public data from Hyperliquid. PRPD is not affiliated with, sponsored or endorsed by Hyperliquid, and our accounts don't interact with any real account, order book or funds there. Accounts are provided on VOID Trader, trading-platform software operated by a third party.

You can trade simulated perpetual futures on crypto, stocks, commodities, indices and forex. We may add, change or remove instruments and categories at any time.

A simulated account can't fully reproduce a live market. Results may differ from what real trading would produce because of slippage, liquidity, execution speed, funding rates, liquidation behaviour and the psychological pressure of risking your own money. All gains and losses are hypothetical.

Passing an evaluation doesn't guarantee a funded account, payout eligibility or any earnings. Payouts depend on following the rules and on our review.

The evaluations are designed to be hard. Many people who take one don't pass, including experienced traders. They aren't suitable if you have little trading experience or don't understand how leveraged perpetual futures work.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

Past simulated performance doesn't indicate future results, simulated or real.

Trading leveraged perpetual futures, on any asset, carries a high risk of loss and isn't suitable for everyone. Don't use your results on PRPD to decide whether to trade real money. Every trading decision on your account is yours, not ours.

We monitor accounts for rule breaches, exploitation of the platform and trading that doesn't fit the purpose of the program, such as latency exploits, unrealistic position sizing or getting around risk limits. Where we find it, we may void simulated gains, disqualify results, close accounts and bar the person from future programs, as set out in our Terms of Use.

Testimonials and other comments from traders reflect their own experience. They aren't typical of all traders and don't guarantee results.

PRPD doesn't give investment, trading, tax, legal or financial advice. Nothing on the site is an offer or solicitation to buy or sell any financial product, or an offer of employment. PRPD is not a broker-dealer, futures commission merchant, investment adviser or money manager.

Evaluation fees pay for access to the evaluation, aren't deposits, and are non-refundable except as our Refund Policy allows.

You must be an adult where you live and are responsible for making sure taking part is legal for you. Our programs aren't available in countries and regions under comprehensive sanctions, including Cuba, Iran, North Korea, Syria, Russia, Belarus, and the Crimea, Donetsk and Luhansk regions of Ukraine, or to anyone on a sanctions list or acting for someone who is. We may refuse service, freeze accounts or end participation where needed to comply with sanctions or anti-money-laundering laws.

Contact us by sending an email to support@prpd.fun (or a direct message to @PRPDProp on X).