You buy a monthly subscription to a simulated futures account. You trade it on the Volumetrica platform with live market prices, but every order is simulated: nothing reaches a live exchange.
The account size, such as $50,000, is a nominal figure used to set your limits. It is not money held for you and it cannot be withdrawn as a balance.
When your simulated profit meets the payout rules, you can request a payout. The simulated balance goes down by the gross amount and you are paid 90% of it in real cash on BiziDirect, or 85% on BiziSelect. The rest of the gross amount is simulated balance that ceases to exist.
Two kinds of account
- BiziDirect: no evaluation. Request a payout once your balance clears the buffer.
- BiziSelect: pass an evaluation first, then request payouts.
This article is a summary. Your signed Plan and Rules Snapshot, the Trader Agreement and the Payout Policy govern where they differ.