Terms of Service
Effective: May 1, 2026 · Last updated: May 1, 2026
RixTrade is operated by Rix Trade LLC, a Pennsylvania limited liability company ("RixTrade," "Rix," "we," "us," or "our"). These Terms of Service (the "Terms") govern your access to and use of the rixtrade.com website, our applications, APIs, and any related products or services we offer (collectively, the "Services"). PLEASE READ CAREFULLY. By creating an account, signing in, accessing the Services through a partner firm link, or otherwise using the Services, you agree to be bound by these Terms and by our Privacy Policy. If you do not agree, do not access or use the Services.
THESE TERMS CONTAIN A BINDING ARBITRATION AGREEMENT, A CLASS-ACTION WAIVER, AND A JURY-TRIAL WAIVER (Section 22). PLEASE REVIEW SECTIONS 19, 20, AND 22 CAREFULLY.
1. Acceptance and Updates
By using the Services, you represent that you have read, understood, and agree to these Terms. We may revise these Terms at any time by posting a revised version at rixtrade.com/terms. The "Last updated" date will reflect the most recent revision. We may, where we deem appropriate, also notify you by email or in-product notice and may require you to re-accept these Terms before continuing to use the Services. Your continued use of the Services after a revision becomes effective constitutes your acceptance of the revised Terms.
2. Eligibility
You must be at least 18 years old (or the age of majority in your jurisdiction, if higher) and have the legal capacity to enter into a binding contract. You must not be located in, organized under the laws of, or ordinarily resident in any country or region subject to comprehensive U.S. sanctions, and you must not be listed on any U.S. government list of prohibited or restricted parties. You may not use the Services if we have previously terminated your account or banned you from the platform. You represent and warrant that all information you provide during registration and verification is true, accurate, current, and complete, and that you will keep that information up to date.
3. Nature of the Services; Simulated Trading
The Services are simulated. No real securities, options, futures, currencies, digital assets, or other financial instruments are bought, sold, held, or settled through the Services. All balances, positions, orders, fills, and profit-and-loss figures shown in the Services are fictitious bookkeeping entries used to simulate trading outcomes for educational and evaluation purposes only.
The Services may consume real-time and delayed market data feeds, but no order you place in the Services is routed to any exchange, alternative trading system, market maker, or counterparty. You have no economic, beneficial, or legal interest in any underlying instrument by virtue of any simulated position. The Services do not establish a brokerage, custody, advisory, banking, or investment-management relationship between you and RixTrade.
We may at any time and for any reason adjust simulated balances, cancel or correct simulated orders, reverse simulated fills, recompute simulated profit and loss, or modify any other simulated record to correct errors, enforce these Terms, comply with the rules of any partner firm whose program you participate in, or otherwise protect the integrity of the Services.
4. Not a Broker-Dealer; No Investment Advice
RixTrade is not a broker-dealer, investment adviser, futures commission merchant, introducing broker, commodity pool operator, commodity trading advisor, money services business, money transmitter, bank, exchange, alternative trading system, or registered financial institution. RixTrade is not registered with the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), or any state securities or commodities regulator.
Nothing made available through the Services, including platform content, charts, analytics, market data, alerts, blog posts, educational material, support communications, or community content, constitutes investment, financial, legal, accounting, or tax advice, a solicitation, or a recommendation to buy, sell, or hold any security, option, futures contract, digital asset, or other financial instrument. You are solely responsible for your own decisions and should consult qualified, licensed professionals before taking any action in real markets. Any employee, contractor, moderator, or representative of RixTrade who appears to provide investment advice is not authorized to do so, and you may not rely on any such statement.
5. Account Registration and Security
To access most features of the Services you must create an account. You agree to provide accurate, complete information during registration, including your legal name, email, phone, and postal address as required for compliance with market data licensing rules (including the Options Price Reporting Authority, or "OPRA"). You are responsible for safeguarding your password and for any activity that occurs under your account, whether or not authorized by you. You agree to notify us immediately at [email protected] of any unauthorized access or other suspected security breach. We are not liable for any loss or damage resulting from your failure to comply with this section.
Each account is personal to a single natural person and may not be shared, transferred, sold, leased, or made available to any other person, including any other family member or member of your household, except as expressly authorized by us in writing.
6. Partner Firm Access and Single Sign-On
RixTrade integrates with third-party prop trading firms, evaluation programs, and similar partners (each, a "Partner Firm"). If you participate in a Partner Firm program, the Partner Firm may issue you a one-time login link that allows you to enter the Services without re-entering your RixTrade password. You acknowledge and agree that:
- The single sign-on link is generated by the Partner Firm using credentials we issue, is valid for a short, limited window, and may be revoked by us or the Partner Firm at any time.
- By following such a link, you authorize RixTrade to associate your RixTrade account with the Partner Firm and to share with that Partner Firm information about your simulated trading activity, account status, rule compliance, performance metrics, risk events, and other operational information reasonably needed to administer the Partner Firm program.
- Partner Firms set their own program rules, fees, eligibility criteria, advancement criteria, payout terms, and account closure policies. RixTrade is not a party to your agreement with any Partner Firm and is not responsible for the Partner Firm's decisions, rules, fees, payouts, or representations.
- Single sign-on does not by itself create or activate a RixTrade account. You must already have completed RixTrade signup, verified your email, and accepted these Terms and the Privacy Policy. If any of those conditions are not met, the link will not grant access and you will be required to complete signup.
- We may suspend, restrict, or terminate Partner Firm access at our sole discretion, including where a Partner Firm's relationship with RixTrade ends, where compliance concerns arise, or where required by law.
7. Market Data and Third-Party Content
The Services display market data licensed from third-party providers, including OPRA Participant exchanges, Theta Data, and others. Market data is provided to you for personal, internal, non-display, display-only, or other licensed use only, on the terms set by each provider and the relevant exchange. You agree not to redistribute, retransmit, repackage, sublicense, sell, scrape, or otherwise commercially exploit market data accessed through the Services, and not to use the Services as a substitute for a market data feed in any third-party system.
Market data is provided on an "as is" basis. RixTrade and our data providers do not guarantee the accuracy, timeliness, completeness, sequencing, or fitness of any market data for any purpose. We may interrupt, delay, throttle, or remove any market data at any time without notice and without liability.
8. Subscriptions, Fees, and Cancellation
Some features of the Services may be offered on a paid subscription basis or for one-time fees. Pricing, billing cycles, included features, and applicable taxes will be displayed at checkout. Unless expressly stated otherwise, all subscriptions automatically renew at the then-current rate at the end of each billing cycle, charged to your payment method on file, until you cancel through your account settings or by contacting [email protected].
Except where required by applicable law, all fees are non-refundable once charged. Cancellation will stop future charges but will not refund the current billing period. Where you participate in a Partner Firm program, separate Partner Firm fees and refund policies may apply and are governed by your agreement with that Partner Firm. We may correct obvious pricing or billing errors and may adjust prices on reasonable notice. We comply with applicable auto-renewal disclosure laws, including the federal Restore Online Shoppers' Confidence Act (ROSCA), the FTC Negative Option Rule, and applicable state automatic-renewal statutes.
9. Risk Disclosure
TRADING IN REAL MARKETS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR EVERY INVESTOR. THE FOLLOWING IS A SUMMARY ONLY AND DOES NOT DISCLOSE ALL RISKS.
Options, futures, forex, leveraged products, and digital assets can lose value rapidly, and your real losses may exceed your initial investment. Options can expire worthless, resulting in a total loss of the premium paid. Sellers of uncovered options face potentially unlimited risk. Multi-leg strategies, including spreads, straddles, strangles, condors, and other combinations, carry unique risks, including risks beyond the original premium paid or received. Early assignment, changes in implied volatility, time decay, dividends, corporate actions, and illiquid markets can materially affect option values.
Before trading options in any real account you should carefully read the booklet titled Characteristics and Risks of Standardized Options (the OCC Options Disclosure Document), which is available from your real-world broker or at theocc.com. Past performance, whether real or simulated, is not indicative of future results. You should not trade with money you cannot afford to lose. The Services are not a substitute for independent risk assessment by a qualified professional.
10. Hypothetical and Simulated Performance
Hypothetical or simulated performance results have inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading and may not reflect the impact, if any, of material market factors such as liquidity constraints, slippage, queue priority, partial fills, latency, or counterparty behavior.
Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. Simulated trading does not involve real financial risk, and no simulated trading record can completely account for the impact of financial risk in actual trading. The ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown in the Services.
11. Acceptable Use; Prohibited Conduct
You agree not to, and not to attempt to, do any of the following:
- Violate any applicable law or regulation, including the U.S. federal securities laws, commodities laws, anti-money-laundering laws, sanctions laws, consumer protection laws, or data-protection laws.
- Misrepresent your identity, age, residency, professional status, affiliation, or eligibility, including misrepresentations made to qualify for non-professional market data pricing.
- Share, sell, transfer, or otherwise make your account, login credentials, or session tokens available to any other person.
- Use the Services to attempt to manipulate, replicate, predict, or front-run any real market, or to test or develop algorithms for unlawful market activity.
- Reverse engineer, decompile, disassemble, scrape, crawl, spider, harvest, or otherwise extract content, data, or source code from the Services, except to the extent expressly permitted in writing by us or required by applicable law.
- Interfere with, disrupt, or impose an unreasonable load on the Services, our infrastructure, or our third-party providers, including by sending automated requests at a rate that exceeds published or reasonable limits.
- Circumvent, disable, or attempt to defeat any security feature, rate limit, paywall, geographic restriction, anti-fraud control, identity verification, or other access control of the Services.
- Upload, transmit, or distribute any virus, worm, trojan, time bomb, spyware, ransomware, or other harmful code.
- Use the Services to engage in fraud, identity theft, money laundering, market abuse, or any other unlawful conduct, or to harass, threaten, or abuse any other person.
- Use the Services to operate any business, brokerage, investment-advisory, fund, or trading group, or to provide investment advice or signals to any third party, except as expressly authorized by us in writing.
- Engage in any conduct that we, in our sole reasonable discretion, determine to be abusive of the Services, of other users, of our Partner Firms, or of our third-party providers.
12. User Content and License
You retain whatever ownership rights you have in any content you submit to the Services, including support tickets, feedback, screenshots, watchlists, configuration data, and forum posts (if any) ("User Content"). You grant RixTrade a worldwide, non-exclusive, royalty-free, sublicensable, transferable license to host, store, copy, reproduce, modify, create derivative works of, publish, display, and distribute User Content for the purposes of operating, providing, improving, and promoting the Services and our business, and for any other purpose permitted by applicable law. You represent and warrant that you have all rights necessary to grant this license and that your User Content does not infringe or violate the rights of any third party.
Any feedback, suggestions, or ideas you submit are non-confidential and may be used by us for any purpose without compensation or attribution.
13. Intellectual Property
The Services, including all software, designs, layouts, interfaces, text, graphics, audio, video, logos, trade names, trademarks, service marks, trade dress, charts, analytics outputs, and underlying data structures, are owned by RixTrade or our licensors and are protected by U.S. and international intellectual property laws. We grant you a limited, personal, revocable, non-exclusive, non-transferable, non-sublicensable license to access and use the Services solely for your personal, non-commercial use and in accordance with these Terms. All rights not expressly granted are reserved.
14. Third-Party Services
The Services may contain links to, integrations with, or content provided by third parties, including Partner Firms, market data vendors, payment processors, identity verification providers, email and SMS providers, and analytics providers. We do not control and are not responsible for any third-party service or content, and your interactions with any third party are governed by that third party's terms and policies. We disclaim all liability arising out of or relating to any third-party service or content.
15. Privacy and Data
Our collection and use of personal information is described in our Privacy Policy, which is incorporated into these Terms by reference. By using the Services you consent to that collection and use, including our use of de-identified, aggregated, or anonymized data described in the Privacy Policy.
16. Suspension, Termination, and Bans
We may, at our sole discretion and without prior notice or liability, suspend, restrict, limit, or terminate your access to all or any portion of the Services, close your account, refuse to provide future Services, and ban you indefinitely or permanently from the platform, for any reason or for no reason permitted by applicable law, including for actual or suspected violation of these Terms, fraud, payment risk, abuse, security concerns, regulatory requirements, requests from law enforcement, or operational protection. Where we determine in good faith that a user, identity, payment instrument, device, or other identifier is associated with such conduct, we may extend any ban to all related accounts.
Upon termination or ban, your license to use the Services immediately ends. Sections that by their nature should survive termination will survive, including Sections 3 (Simulated Trading), 9 to 13, 15, and 18 to 28.
17. Identity Verification and Compliance
We may require you, at any time, to provide additional information or documentation to verify your identity, age, address, residency, tax status, or eligibility, including government-issued identification, selfies, proof of address, and tax forms. We may use third-party identity verification and anti-fraud providers and may rely on their determinations. We may suspend or restrict access to the Services pending verification and may decline service or terminate access where verification fails or where required by sanctions, AML, KYC, or other compliance obligations.
18. Disclaimer of Warranties
THE SERVICES, INCLUDING ALL CONTENT AND DATA MADE AVAILABLE THROUGH THEM, ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITH ALL FAULTS, AND WITHOUT WARRANTY OF ANY KIND. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, RIXTRADE AND OUR AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, LICENSORS, AND SUPPLIERS DISCLAIM ALL WARRANTIES, EXPRESS, IMPLIED, OR STATUTORY, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, TITLE, ACCURACY, AND QUIET ENJOYMENT, AND ANY WARRANTIES ARISING OUT OF COURSE OF DEALING OR TRADE USAGE.
Without limiting the foregoing, we do not warrant that the Services or any market data will be uninterrupted, error-free, secure, accurate, complete, current, or fit for any particular purpose, that any defect will be corrected, or that the Services are free of viruses or other harmful components. You assume full responsibility and risk for your use of the Services.
19. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL RIXTRADE OR OUR AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, LICENSORS, OR SUPPLIERS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY DAMAGES FOR LOST PROFITS, LOST REVENUE, LOST DATA, LOST GOODWILL, BUSINESS INTERRUPTION, OR COST OF SUBSTITUTE GOODS OR SERVICES, ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES, REGARDLESS OF THE THEORY OF LIABILITY (CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE), AND EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
OUR TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES SHALL NOT EXCEED THE GREATER OF (A) THE TOTAL FEES YOU PAID TO RIXTRADE IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR (B) ONE HUNDRED U.S. DOLLARS (US$100).
Some jurisdictions do not allow the exclusion or limitation of certain damages. To the extent any such limitation is held unenforceable, the remaining limitations shall apply to the fullest extent permitted by law.
20. Indemnification
You agree to indemnify, defend, and hold harmless RixTrade and our affiliates, officers, directors, employees, agents, licensors, and suppliers from and against any and all claims, demands, actions, losses, liabilities, damages, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to: (a) your access to or use of the Services; (b) your User Content; (c) your violation of these Terms; (d) your violation of any law or any right of any third party, including any intellectual property, privacy, or publicity right; (e) any tax obligations associated with your use of the Services; and (f) any dispute between you and any third party, including any Partner Firm. We may, at our option, assume the exclusive defense and control of any matter for which you are required to indemnify us, and you agree to cooperate with our defense.
21. Governing Law; Venue
These Terms and any dispute arising out of or relating to these Terms or the Services are governed by the laws of the Commonwealth of Pennsylvania, without regard to its conflict of laws principles, and, where applicable, by the U.S. Federal Arbitration Act and other applicable U.S. federal law. Subject to Section 22 (Binding Arbitration), the exclusive venue for any permitted court proceeding shall be the state or federal courts located in Erie County, Pennsylvania, and you irrevocably consent to personal jurisdiction in those courts.
22. Binding Arbitration; Class Waiver
Please read this section carefully. It requires you and RixTrade to resolve disputes by binding individual arbitration and limits how you can seek relief from us.
Informal Resolution. Before initiating arbitration, you agree to first contact us at [email protected] with a written description of the dispute, your contact information, and the relief you seek, and to allow us thirty (30) days to attempt to resolve the dispute informally.
Arbitration. Except as expressly excluded below, you and RixTrade agree that any dispute, claim, or controversy arising out of or relating to these Terms or the Services (a "Dispute") shall be resolved by binding individual arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules, then in effect. The arbitration shall be conducted in Erie County, Pennsylvania, or, at your election if you are a consumer, in the county of your residence, by a single arbitrator. Judgment on the arbitrator's award may be entered in any court of competent jurisdiction. The Federal Arbitration Act governs the interpretation and enforcement of this arbitration agreement.
Class Waiver and Jury Waiver. YOU AND RIXTRADE AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN AN INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, COLLECTIVE, CONSOLIDATED, REPRESENTATIVE, OR PRIVATE-ATTORNEY-GENERAL PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON'S CLAIMS. TO THE FULLEST EXTENT PERMITTED BY LAW, YOU AND RIXTRADE WAIVE ALL RIGHTS TO A TRIAL BY JURY.
Exceptions. Either party may (a) bring an individual action in small claims court, (b) seek injunctive or equitable relief in a court of competent jurisdiction to prevent actual or threatened infringement, misappropriation, or violation of intellectual property rights or unauthorized access to the Services, and (c) bring claims that cannot be arbitrated as a matter of applicable law.
30-Day Opt-Out. You may opt out of this arbitration agreement by sending written notice to [email protected] within thirty (30) days after first becoming subject to it. The notice must include your name, account email, and an unequivocal statement that you decline arbitration. Opting out does not affect any other provision of these Terms.
23. Time Limit on Claims
To the fullest extent permitted by law, any claim arising out of or relating to these Terms or the Services must be filed within one (1) year after the claim arose; otherwise the claim is permanently barred.
24. Modifications to These Terms
We may modify these Terms at any time by posting the modified Terms at rixtrade.com/terms. Material modifications will be identified by an updated "Last updated" date and may be communicated to you by email or in-product notice. Your continued use of the Services after a modification becomes effective constitutes your acceptance. If you do not agree, you must stop using the Services and may close your account.
25. Force Majeure
We are not liable for any delay or failure to perform resulting from causes beyond our reasonable control, including acts of God, natural disasters, war, terrorism, civil unrest, government actions, labor disputes, sanctions, embargoes, cyberattacks, denial-of-service attacks, internet or telecommunications failures, third-party data provider failures, exchange or clearinghouse outages, payment-processor outages, cloud-infrastructure outages, or pandemics.
26. Assignment; No Waiver; Severability
You may not assign or transfer these Terms or any rights or obligations under them, by operation of law or otherwise, without our prior written consent. We may assign these Terms, in whole or in part, at any time without notice. Any attempted assignment in violation of this section is void. Our failure to enforce any provision is not a waiver of that or any other provision. If any provision is held unenforceable, that provision shall be modified to the minimum extent necessary to make it enforceable, and the remaining provisions shall remain in full force and effect.
27. Electronic Communications
You agree that we may provide notices, agreements, and other communications to you electronically, including by email and by posting on the Services, and that such electronic communications satisfy any legal requirement that such communications be in writing. You agree to keep your contact information current.
28. Contact
For all questions about these Terms or the Services, please contact us at:
Rix Trade LLC502 W 7th St, Ste 100
Erie, PA 16502, USA
Email: [email protected]
