Regulation
1. Purpose
This regulation establishes the general conditions and rules applicable to the evaluation plans offered by Zero7 Trading, and must be accepted in its entirety for the participation of the evaluated candidate to be deemed valid.
2. Registration requirements
Any person may purchase one of the plans offered by ZERO7, provided that they meet the following prerequisites:
Individual;
- Over 18 (eighteen) years of age;
- Purchase one of the evaluation plans offered on the website www.zero7trading.com by ZERO7;
- Meet the other participation conditions of this regulation.
It is prohibited to trade on behalf of third parties. If such conduct is identified, the account will be canceled.
3. Registration and Payment
Registration and payment must be made exclusively through the website http://www.zero7trading.com.
After confirmation of payment, which may take up to 2 (two) business days, the candidate will receive an email with the instructions necessary to access their “Área do Trader” (Trader’s Area) (https://app.zero7trading.com) and activate their evaluation.
From the date of purchase, the candidate has 90 days to begin their evaluation; failing to do so will result in the loss of the right to be evaluated. Each user may have up to 10 active accounts at the same time. It is prohibited to trade on behalf of third parties, and if identified, the account will be canceled.
4. Platform
The purchase, user and email details must be the same as those used in the registration with Nelogica, the company responsible for the trading platform. If the candidate does not yet have a registration, it must be completed through the link: https://www.blackarrowtrading.com/pt/register.
The evaluation platform, in a simulated account environment, will be Black Arrow - Nelogica, which will simulate market conditions in real time. Access will be sent to the email registered at the time of purchase, when the evaluation plan is activated in the “Área do Trader”.
To activate the evaluation plan in the “Área do Trader”, go to:
My plans >> Select your plan >> View >> Activate plan
Attention: The subaccount number operated on BlackArrow must be the same as the one shown in your plan account in the “Área do Trader”. Trades made using an incorrect subaccount number will not be accepted.
5. Evaluation process
5.1. Challenge plan parameters
| Plan | Limit per operation | Min. days | Max. days | Profit target | Drawdown | Total loss |
|---|---|---|---|---|---|---|
| Challenge 25k | 4 minis / 40 micros contracts | 0 days | 30 days | $ 1,497.00 | EOD in the challenge / Trailing in the Incubadora | $ 1,497.00 |
| Challenge 50k | 10 minis / 100 micros contracts | 0 days | 30 days | $ 2,997.00 | EOD in the challenge / Trailing in the Incubadora | $ 2,497.00 |
| Challenge 100k | 14 minis / 140 micros contracts | 0 days | 30 days | $ 5,997.00 | EOD in the challenge / Trailing in the Incubadora | $ 2,997.00 |
| Challenge 150k | 17 minis / 170 micros contracts | 0 days | 30 days | $ 8,997.00 | EOD in the challenge / Trailing in the Incubadora | $ 4,997.00 |
| Challenge 250k | 27 minis / 270 micros contracts | 0 days | 30 days | $ 14,997.00 | EOD in the challenge / Trailing in the Incubadora | $ 6,497.00 |
5.2. Assets allowed in the US market (CME)
The following assets may be traded in the US market (CME):
| Asset | Ticker | Asset | Ticker |
|---|---|---|---|
| Bitcoin | MBT / BTC | Nasdaq | MNQ / NQ |
| S&P 500 | MES / ES | DJ | MYM / YM |
| Gold | MGC / GC | Midcap | EMD |
| Russell 2000 | RTY / M2K | Ether | MET |
| Feeder Cattle | GF | Lean Hog | HE |
| Live Cattle | LE | Australian Dollar | 6A |
| AUD/USD | M6A | British Pound | 6B |
| GBP/USD | M6B | CANADIAN DOLLAR | 6C |
| EUR/USD | E7 | JAPANESE YEN | 6J / J7 |
| MEXICAN PESO | 6M | NEW ZEALAND | 6N |
| SWISS FRANC | 6S | DOWN JONES | YM / MYM |
| CORN | ZC | SIZED CORN | XC |
| SOYBEAN MEAL | ZL / ZM | OATS | ZO |
| ROUGH RICE | ZR | SOYBEAN | ZS |
| WHEAT | ZW | COMEX 100 GOLD | GC |
| 10 TROY OZ GOLD | MGC | COMEX COPPER | HC |
| MICRO COPPER | MHG | RBOB GASOLINE | RB |
| COMEX MINI SILVER | QE | COMER 5000 SILVER | SI |
| CRUDE OIL | MCL / CL / QM | NY HARBOR ULSD | HO |
| NATURAL GAS HENRY HUB | NG | EMINI NATURAL GAS | QG |
| EUR/USD | M6E | EURO | 6E |
5.3. Minimum trading days in the challenge phase
In the challenge phase, there is no minimum number of trading days.
The financial target established in the contracted challenge may be reached in a single day.
5.4. Maximum trading days in the challenge phase
In the challenge phase, the established financial target must be reached within a maximum period of 30 (thirty) calendar days.
If the target has not been reached by the end of this period, the account will be automatically canceled, and it will be necessary to purchase a new evaluation.
5.5. Drawdown in the challenge phase
In the challenge phase, the drawdown adopted will be the EOD (End of Day), which means that its update will occur only at the end of the day, based on the closed balance (Balance) and any new high in the account’s total balance.
- Total balance: 25,000.00
- Maximum drawdown: $ 1,497.00
Under this scenario, the account may not reach the minimum total value of $ 23,503.00. If this occurs, the account will be automatically closed.
If, on the first day, there is a closed profit (Balance) of $ 100.00, the total balance will become $ 25,100.00. In this case, the new drawdown to be applied on the following day will cause the stop out to become $ 23,603.00.
5.6. Approval in the challenge phase
To be approved in the challenge phase, the candidate must:
- observe all the rules of the contracted challenge; and
- reach the stipulated financial target.
After reaching these parameters, the candidate must request approval at:
My plans >> Select your plan >> View >> Request approval
The approval analysis may take up to 5 business days and the response will be received through the registered email, or the STATUS may be checked in the “Área do Trader”.
5.7. Number of challenge accounts
The maintenance of up to 10 (ten) simultaneous challenge accounts per single registration is allowed.
5.8. Trading during news events in the challenge phase
In the challenge phase, trades carried out at the moment of news events that impact the trading market are permitted, and such trades will be considered eligible to compose the performance balance.
5.9. Trading hours
Trading hours will follow the window of the Chicago Mercantile Exchange (CME) Globex, subject to the following parameters:
- Open: 17:00, Chicago time, on Sunday;
- Close: 16:00, Chicago time, on Friday;
- Daily pause: every day, between 16:00 and 17:00, Chicago time, a period during which no trading will occur.
In order for trades to be considered daily operations, it will be strictly mandatory to close all positions 30 (thirty) minutes before the daily pause.
Failure to close positions within this period will characterize an overnight and swing trade operation. As such trades are not accepted, the challenge account will be automatically blocked and canceled.
It is the candidate’s responsibility to observe the Chicago time zone and adapt it to their respective location.
5.10. Inactivity
If the account remains inactive (with no trades) during the challenge phase for a period of 10 days, it will be canceled, with no possibility of reactivation, regardless of the result achieved up to that point.
6. Incubadora account
6.1. Minimum trading days in the incubadora account
In the incubadora account, it is necessary to trade for at least 10 (ten) days to be eligible to withdraw the incubadora prize.
Within this minimum period, at least 50% of the days must be positive days.
For a positive day to be eligible as a traded day, it must show a minimum result of $ 50.00.
6.2. Maximum gains in the incubadora account
In the incubadora account, there is no maximum gain limit.
The trader will be free to pursue the financial result they desire, provided that they observe all operational rules applicable to the incubadora phase.
6.3. Drawdown in the incubadora account
In the incubadora account, the drawdown adopted will be the Trailing, which means that its update will occur in real time, with each new financial high, even if the operation has not yet been closed.
- Maximum drawdown: $ 1,497.00
- The account may not reach: $ 23,503.00
If there is a profit of $ 500.00, the balance will become $ 25,500.00, and the new account limit will become $ 24,003.00.
After reaching a financial high equivalent to the drawdown + $ 97.00, the drawdown will no longer be adjusted and will become fixed. The calculation for the fixed drawdown will only take place at the end of the day, meaning the account must begin the next day with the balance built up for the fixed drawdown.
- Initial account of $ 25,000.00
In the incubadora account, the following consistency rule will be observed:
- Profit of $ 1,497.00
- Addition of $ 97.00
In this scenario, the new drawdown will be fixed at $ 25,097.00.
6.4. Consistency rule in the incubadora account
a) Contract consistency
The consistency of the contracts used in the operations will be analyzed, considering the median of all operations performed. For the account to qualify for the incubadora prize withdrawal, more than 50% of the operations may not fall below the contract median.
b) Result consistency
When requesting the incubadora prize withdrawal, the existence of a result, on a single day, exceeding 40% of the account’s profit balance will be analyzed.
The analysis will cover all days between the start of the incubadora account and the date of the withdrawal request.
After the withdrawal request, a new account will be sent and will start at zero, if the withdrawal request is approved, initiating a new consistency analysis.
6.5. Prohibited operations in the incubadora account
In the incubadora account, the following practices are prohibited:
- operations in opposite positions, known as hedging, between accounts of the same holder or of third parties, in similar or correlated assets;
- operations all in (gambling), identified by the use of the maximum number of contracts outside the standard pattern of the operations performed;
- operations opened and closed with the purpose of fulfilling minimum-day rules, known as flipping;
- operations with an excessively higher number of contracts, with the purpose of recovering losses from the previous operation, a practice known as martingale.
6.6. Trading during news events in the incubadora account
In the incubadora account, it is not permitted to remain positioned or to open operations at the moment of relevant news events from the global financial market that impact the trading market.
In order to be considered valid, operations must be closed 5 (five) minutes before and opened only 5 (five) minutes after the release of the economic data.
6.7. Inactivity
If the account remains inactive (with no trades) during the incubadora phase for a period of 7 days, it will be canceled, with no possibility of reactivation, regardless of the result achieved up to that point.
7. Withdrawal eligibility
To be eligible for withdrawal at Zero7 Trading, the trader must build their performance in an incubadora account, observing, cumulatively, the following requirements:
- comply with all operational rules provided in this regulation;
- carry out only operations that are executable in a real trading environment;
- not carry out operations intended to circumvent the structure of the simulated environment, under penalty of rendering the account ineligible for withdrawal;
- build a minimum positive balance (cushion) of $ 97.00 added to the drawdown of the respective plan;
- during the withdrawal period, the account must remain active. If the account for which the withdrawal was requested is lost, the withdrawal can no longer be made.
The minimum balances (cushion) are as follows:
| Account | Minimum balance (cushion) |
|---|---|
| 25k Account | $ 26,594.00 |
| 50k Account | $ 52,594.00 |
| 100k Account | $ 103,094.00 |
| 150k Account | $ 155,094.00 |
| 250k Account | $ 256,594.00 |
7.1. Withdrawal requests
In the event of positive performance in the incubadora phase, the payment of the prize must be requested through the email support@zero7trading.com, with the following information:
Full name:
Tax ID (CPF/passport):
Email:
Black Arrow account number:
Withdrawal amount:
After a withdrawal request is submitted, it is mandatory to pause trading operations. Any operations performed after the date and time of the withdrawal request will result in the request being automatically denied and the account being automatically canceled.
The analysis of the withdrawal request is performed within up to 5 business days, and if the analysis is positive the amount will be released for withdrawal and a new incubadora account will be sent to start a new cycle, in which all items of this regulation must again be complied with.
To complete the withdrawal, it is mandatory to finish and obtain approval in the KYC (Know Your Customer) process of the broker responsible for the payment.
The KYC process may require:
- Complete personal data;
- Official photo ID;
- Additional supporting documents, when requested by the broker;
- Facial validation (biometrics).
KYC is linked to the broker where the payment will be made. If, in the future, it becomes necessary to make payments through another broker, a new KYC process may be required by that institution.
Once KYC has been approved with a given broker, it will not be necessary to repeat the procedure for future payments made through the same broker, unless specifically required by the institution itself.
Under no circumstances will Zero7 make payments to traders without approved KYC.
Payments to third-party accounts, digital wallets or bank accounts will also not be permitted. All means of receiving funds must be linked to the trader themselves.
7.2. Withdrawal limits
At Zero7 Trading, a withdrawal may only be requested if it is above the minimum balance (cushion), subject to the following rules:
- the minimum withdrawal amount, for any account, will be $ 300.00;
- the maximum amount per withdrawal, for each account type, will be as follows:
| Account | Maximum amount per withdrawal |
|---|---|
| 25K Account | maximum of $ 1,500.00 per withdrawal |
| 50K Account | maximum of $ 2,000.00 per withdrawal |
| 100K Account | maximum of $ 2,500.00 per withdrawal |
| 150K Account | maximum of $ 2,750.00 per withdrawal |
| 250K Account | maximum of $ 3,000.00 per withdrawal |
If the trader achieves 4 (four) withdrawals at the maximum limit within a period of 60 (sixty) days on the same account, withdrawal without a maximum limit will be released.
7.3. Account status after withdrawal
After a withdrawal is made, the account will start a new incubadora phase, at which time all rules for eligibility for a new withdrawal must again be observed.
If there is a remaining unwithdrawn balance, such amount will not be counted in the new cycle. The new cycle will always start with the capital established in the plan.
7.4. Withdrawal of the minimum balance (cushion)
It is permitted to withdraw up to 50% of the minimum balance (cushion).
Even though permitted, the partial withdrawal of the minimum balance (cushion) will directly affect the drawdown, which will then start at a lower level in the following cycle.
8. Data Protection — LGPD
The General Data Protection Law (LGPD) provides that any data of third parties and/or personal information that may be obtained or used by either party as a result of this instrument will be collected, used, stored and maintained in accordance with the generally accepted standards for data collection and with the applicable legislation, in particular Law No. 13,709/2018.
9. Image rights and advertising exploitation
The candidate hereby authorizes the use of their image, free of charge, by Zero7 Trading, for advertising purposes, with or without profit.
This authorization covers reproduction, distribution, public display and any other means of dissemination that the contracting party deems appropriate to promote its products or services.
10. Regulation
This regulation has the sole purpose of informing and clarifying doubts regarding the operation of the project proposed by Zero7 Trading.
Both parties acknowledge that this document constitutes the terms they agree to follow for the proper operation of the project.
Any matter not contemplated in this regulation will be discussed between the parties, always aiming at the effectiveness and efficiency of the project.
The parties agree to cooperate and act in good faith to achieve the established objectives, always prioritizing mutual interest and the success of the project.
11. Validity of the regulation
This regulation will be valid from the moment of electronic acceptance by the candidate, in accordance with the terms established herein.
Electronic acceptance will be considered an expression of agreement and full adherence to the provisions contained in this regulation.
Electronic acceptance may be formalized by clicking on a specific confirmation button or by any other electronic means that allows the unequivocal expression of the interested party’s will.
12. Electronic acceptance
By electronically accepting this regulation, the user expressly acknowledges and agrees that such acceptance has the same value and legal effect as their handwritten signature.
Electronic acceptance will be considered valid and binding for all parties involved, establishing a formal and legal agreement between the user and the company responsible for the regulation.
Any disagreement or contestation regarding the terms of the regulation, after electronic acceptance, will not affect the validity of this agreement, except as expressly provided otherwise by mutual agreement between the parties.
Note: electronic signatures have been legally recognized in Brazil since 2001, with the enactment of Provisional Measure No. 2,200-2/2001, which, in addition to creating the Brazilian Public Key Infrastructure — ICP-Brasil, established the criteria for the validity of electronic signatures in the country.
13. Jurisdiction
The jurisdiction of the Judicial District of Goiânia/GO is hereby elected to settle any disputes arising from this regulation.