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IMORTANT

PLEASE READ THIS ENTIRE RISK DISCLOSURE BEFORE PARTICIPATING

RISK DISCLOSURE:

This page outlines a rare but possible risk scenario. We never expect this to happen, and properly manage our internal margin with this in mind. That said, in the interest of full transparency we want to disclose how we would handle this situation if it ever did occur. We feel that it is important you are aware of the potential risks involved in purchasing an evaluation from us.

TL;DR 
1) We always A-book/back your simulated trades with REAL capital at all times.
2) If we can’t fund you right away after passing an evaluation due to internal imbalance, you’ll be fully refunded if you don’t want to wait.
3) You can track our funding health live on the blockchain.

4) If you are placed in queue, you can track current estimated wait times on the live trader queue page.

 

Getting Approved

Because we genuinely A-book/back your simulated trades using real proprietary capital, our firms model comes with potential trade-offs. We've chosen to prioritize guaranteed payouts for traders — in exchange for potentially risking slower funding delivery times in certain cases due to operational imbalances (like extremely high pass rates in a short time-frame).

But What Does This Mean For You?

If an internal firm imbalance ever occurred and you passed your evaluation during one, it does NOT mean you “lose your money.” Although, what it could mean is that, under specific conditions, we may face practical limits in how quickly we can issue funded accounts — during periods of abnormally high pass rates / lower margin health (imbalance).

If this situation ever happens, we would implement a “trader smart queue” obligations list, ensuring all eligible traders are funded on a first-come, first-served basis. You would be free to request a full refund at any point while in this queue, and we would issue that refund immediately — without delays. In this situation, if you were to decide the wait time do not meet your standard, by all means request a refund and we will be more then happy to process it right away for you.

How would we guarantee potential refunds?

We NEVER use evaluation fees in any way that could risk putting us "in debt" to traders or expose us to outsized liability. Evaluation fees are never risked for our live A-book execution until we’ve validated that the current pass/fail rate and margin health support it.

How Evaluation Fees Are Used 

The moment a failed evaluation occurs at our firm, we allocate those fees (minus operational expenses) directly into our liquidity partner’s margin account (FX-EDGE). This capital is then used to offset the primary risk our firm takes when funding traders under a structured first-loss program, having failed evaluation fees act as the initial buffer to firm-wide maximum loss limits.

As a result, even if you passed during this imbalance risk scenario where pass rates are too high, funding would be delayed if:

  • Sales volume  / failure rate has not yet sufficiently offset enough of your individual risk exposure, or

  • An unusually high number of traders pass within an extremely short time-frame, resulting in the same outcome.

In such cases, any commitments that depend on firm margin (account upgrades), including profit split increases, drawdown boosts, or account scaling, are subject to available margin at the time. It is also important to note that traders getting funded are a priority over account upgrades.

BOTTOME LINE: High payout volumes are NEVER a risk to our firm. In fact, the higher our payout rate, the more our corporate profit margins improve as a firm.

Your Rights

If we’re ever unable to fulfill a funding commitment within your expected timeframe, you’re fully entitled to a refund. We’ll process it immediately — no questions asked.

That said, if you were to choose to wait, your funding would be issued as soon as it's financially responsible to do so — without jeopardizing firm stability or prematurely allocating evaluation fees before our current pass rate confirms it's safe.

For full transparency, you can track our firm’s live margin health, pass/fail ratios, and trade execution statistics via our verified blockchain profile. This gives you real-time insights into firm capacity, helping you better decide whether to scale up with multiple evaluation purchases or hold off till a better time.

Please keep in mind, we would only ever issue refunds for those who would not want to wait for their funded stage accounts in the described risk scenario above. If you fail your evaluation, or we are late on upgrading a funded account feature, this does not entitle you to a refund.

 

To be extra clear:

 

The moment we issue you a FUNDED account, OR you fail your evaluation, your opportunity to request a refund has officially closed.

REFUND DISCLAIMER

In the rare event that this risk scenario occurs and you choose to request a refund for your evaluation purchase, we would issue your refund MINUS any non-refundable payment processing and transaction fees incurred during your purchase / refund process.

These fees could range between 3%–10% of the evaluation value, depending on your payment method and region.

We do not profit from refunds, and we never risk our firms evaluation fees in any way that could potentially compromise your eligibility to receive one in this risk scenario.

Frequently Asked

Do we truly a-book?

--- Yes, we absolutely do. Once you pass your simulated evaluation and become one of our contracted traders, your simulated executions on your funded accounts are never routed through a B-book. Meaning; every trade you take is backed by real firm capital. What ever trade you take, we also take on our real margin accounts to make sure your performance commissions (payouts) come from the actual market instead of failed evaluation fee liquidity.

---

Can we actually provide proof we a-book?

--- Without a doubt, we can prove it. You get real-time proof for every single execution. As an trader, you’ll receive a private blockchain profile at drufx.com, directly linked to your simulated trading account. This gives you real-time visibility into our execution routing. Each time you place a trade, your profile displays: 1) The exact copied position on our A-book 2) Whether the position was routed live (A-booked) 3) A real-time comparison between your price feed and ours This gives you the exact details to every single position we copied. You are able to review this information for each position separately, every time you close a position. To back this all up, our firm will be committing to publishing annual audit reports from CPAB-regulated auditing firms, validating the integrity of our internal processes and routing behavior.

But how do we manage to a-book?

--- Evaluation fees are charged by our firm and then used to offset the direct risk our firm is exposed to by covering the risk limits tied to each simulated funded account. This buffer plays a key-role as it acts as the primary risk layer in our first loss program, orchestrated by the Digital Reserve Unit (COMTELL™).

How do we ensure trader payouts?

--- You can be confident in the fact that your hard earned commissions will get paid out to you. The strongest indicators that our traders will always receive their hard earned compensation are the following: 1) We only use a-book routing logic. This completely removes any conflict of interest with our analysts. 2) One of our biggest revenue streams comes from you trading more lots on your account (in other words, individuals getting funded / staying funded), transaction fees and/or splits through our partnership with DRU (in other words, actually paying our traders). To be clear, our firm’s two main revenue sources are passing traders and paying them, which we prove at every turn. We as a firm have decided to take the long-term route to corporate profits by putting traders first and building something sustainable.

Contact

contact@auraxtail.com

888-722-9545

10180 101 St NW, Edmonton, AB T5J 3S4

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