{
  "homepage": {
    "meta": {
      "title": "ZoneX Crypto Prop Firm — Custom Crypto Trading Challenges",
      "description": "ZoneX is a Swiss crypto prop firm. Build a customizable crypto trading challenge from $10 on your own exchange and open your path to a funded-stage review.",
      "ogTitle": "ZoneX Crypto Prop Firm — Custom Crypto Trading Challenges",
      "ogDescription": "Swiss crypto prop firm running customizable, single-phase crypto trading challenges on live exchange market data.",
      "twitterTitle": "ZoneX Crypto Prop Firm — Custom Crypto Trading Challenges",
      "twitterDescription": "Customizable crypto trading challenges on ten supported exchanges, a free professional terminal, and a clear path to a funded-stage review."
    }
  },
  "nav": {
    "home": "Home",
    "whyZonex": "Why ZoneX?",
    "compare": "Compare",
    "terminal": "Free Terminal",
    "challenges": "Challenges",
    "challengeRules": "Challenge Rules",
    "ruleMechanics": "Rule Mechanics",
    "exchangesSupported": "Exchanges",
    "blog": "Blog",
    "faq": "FAQ",
    "contact": "Contact",
    "partners": "Partners",
    "getStarted": "Get Started",
    "whyRulesDifferent": "Why Our Rules Are Different",
    "pricingDetails": "Pricing",
    "startChallenge": "Start Challenge",
    "howItWorks": "How the Challenge Works",
    "whyZonexChallenge": "Why the ZoneX Challenge"
  },
  "hero": {
    "badge": "Crypto Trading Firm",
    "title": "Trade Crypto.",
    "titleHighlight": "Keep the Profits.",
    "description": "Take a single-phase crypto trading challenge with simulated funds on your preferred exchange. Pass and you become eligible for a separate funded-stage review.",
    "launchBadge": "Launching Q1 2026",
    "swissAlt": "Swiss crypto trading firm based in Zug Switzerland",
    "headline": {
      "line1Prefix": "",
      "line1Highlight": "Exchange-Agnostic",
      "line1Suffix": " Crypto Challenges",
      "line1": "The Exchange-Agnostic Crypto Challenges",
      "line2": "Built Around",
      "line3": "Real Markets",
      "eyebrow": "ZoneX Crypto Prop Firm"
    },
    "subheadline": {
      "text": "Trade real crypto markets—not CFDs. No time limits. No consistency rules. Designed around how serious crypto traders actually trade.",
      "performanceIncentive": "up to 90%",
      "textMobile": "Trade real crypto markets—not CFDs. No time limits. No consistency rules. Designed around how serious crypto traders actually trade."
    },
    "rotatingFeatures": {
      "journal": "Native Trading Journal Integration For All Trades",
      "terminal": "Professional Terminal Included",
      "multiExchange": "One Interface..Multiple Exchanges!",
      "performanceIncentive": "Performance Incentive: up to 90%!"
    },
    "cta": {
      "startChallenge": "Start Challenge",
      "learnMore": "How it Works",
      "register": "Start Challenge",
      "terminalSubscriptions": "Terminal Subscriptions",
      "startYourChallenge": "Start Your Challenge",
      "chooseYourChallenge": "Choose Your Challenge",
      "startFromPrice": "Build Your Challenge — From {{price}}",
      "seeRules": "See Challenge Rules"
    },
    "features": {
      "spotTrading": "Spot Trading!",
      "proTerminal": "Pro Terminal Included",
      "bestPricing": "Free Challenge Retry",
      "exchanges": "Ten Supported Exchanges",
      "noDeadlines": "No Deadlines"
    },
    "stats": {
      "maxFunding": "Max Funding",
      "performanceIncentive": "Performance Incentive",
      "exchanges": "Exchanges",
      "payoutCycle": "Disbursement Cycle",
      "startingAt": "Starting At"
    },
    "statsValues": {
      "performanceIncentive": "Performance split selected at purchase",
      "startingAt": "$10",
      "exchanges": "Ten"
    },
    "priceFrom": "Challenges from $10",
    "consistencyHeadline": "Built for traders who want consistency — not luck",
    "consistencySubheadline": "No time limits. No hidden rules. Just a clear path for disciplined traders.",
    "pillTooltips": {
      "multiExchange": "Trade across ten supported exchanges from a single platform — Binance, Bybit, OKX, Hyperliquid, Phemex, Gate.io, CoinW, KuCoin, Bitget, and Aster. More coming soon.",
      "positionManagement": "Advanced position management with automated TP/SL, trailing stops, and multi-leg order execution.",
      "twoClickTrading": "Open and manage trades in just two clicks with pre-configured templates for rapid execution.",
      "tradeJournal": "Automatic trade journaling that logs every trade with entry/exit points, P&L, and performance analytics.",
      "riskManagement": "Built-in risk management engine that monitors drawdown limits, position sizes, and leverage in real time.",
      "noDeadlines": "No time limits on any evaluation phase — trade at your own pace without pressure.",
      "realTimeData": "Live market data streams with sub-second latency across all supported exchanges."
    },
    "metricsBar": "One-Step Evaluation • Up to $400,000 Capital • 10% Drawdown • No Time Limit • Free Retry",
    "metricsSubtext": "Designed so disciplined traders can get funded.",
    "tagline": "Your Edge. Your Profit.",
    "slogan": {
      "part1": "Your Edge.",
      "part2": "Your Profit."
    },
    "pills": {
      "multiExchange": "Ten Supported Exchanges",
      "positionManagement": "Position Management",
      "twoClickTrading": "Two-Click Trading",
      "tradeJournal": "Trade Journal",
      "riskManagement": "Risk Management",
      "realTimeData": "Real-Time Data"
    },
    "priceAnchor": "Challenges from <1>$10</1> →",
    "payoutAnchor": "Performance split up to <1>90%</1>, selected at purchase",
    "highlights": {
      "capital": {
        "headline": "Up to $400,000",
        "subtext": "QUALIFIED FUNDED CAPITAL"
      },
      "exchanges": {
        "headline": "Ten Supported Exchanges",
        "subtext": "Choose your preferred crypto exchange in one click. More coming soon.",
        "tooltipHeading": "",
        "tooltipSubheading": "Real Crypto Markets",
        "tooltipSubSubheading": "Both Spot & Futures",
        "tooltipBody": "Your evaluation runs in a simulated environment on live exchange market data for the exchange of your choice — for both Spot and Futures trading — not synthetic CFD pricing. Genuine market pricing with realistic simulated execution; orders are never sent to the live exchange order book."
      }
    },
    "benefits": {
      "realMarkets": "Real Crypto Markets:",
      "realMarketsLine2": "Spot & Futures (No CFDs)",
      "realMarketsTooltipHeading": "",
      "realMarketsTooltipSubheading": "Real Crypto Markets",
      "realMarketsTooltipSubSubheading": "Both Spot & Futures",
      "realMarketsTooltipBody": "Your evaluation runs in a simulated environment on live exchange market data for the exchange of your choice — for both Spot and Futures trading — not synthetic CFD pricing. Genuine market pricing with realistic simulated execution; orders are never sent to the live exchange order book.",
      "dailyFloor": "No Intraday Trailing",
      "noTimeLimits": "No Time Limits",
      "noTimeLimitsTooltipHeading": "No Time Limits",
      "noTimeLimitsTooltipBody": "Unlike many trading challenges, there is no deadline to reach your profit target. Trade at your own pace and wait for high-probability opportunities instead of feeling pressured to overtrade.",
      "noConsistency": "No Consistency Rules",
      "noConsistencyTooltipHeading": "No Consistency Rules",
      "noConsistencyTooltipBody": "Many trading challenges require profits to be spread evenly across multiple trading days. ZoneX doesn't. You're free to profit from your best trading opportunities without arbitrary consistency requirements.",
      "freeRetry": "Free Retry at 5% Realized Profit",
      "freeRetryTooltipHeading": "Free Retry at 5% Realized Profit",
      "freeRetryTooltipBody": "If your realized profit reached 5% at any point before you failed, you get another attempt at no cost. Realized profit means closed, filled trades — an unrealized equity peak that is given back does not qualify. One retry per purchase. Not available on purchases made with a discount, coupon or promotional offer.",
      "realMarketsBenefit": "Live exchange pricing and order-book depth for realistic simulated execution — no synthetic slippage.",
      "noConsistencyBenefit": "Your best trading days don't count against you. Trade your strategy, not ours.",
      "noTimeLimitsBenefit": "Wait for quality setups instead of forcing trades to beat a deadline.",
      "dailyFloorBenefit": "Your drawdown floor is fixed during the trading day — no intraday trailing — and recalculates only at the 02:00 Europe/Zurich daily reset.",
      "freeRetryBenefit": "If your realized profit reached 5% at any point before you failed, you get another attempt at no cost. One retry per purchase. Not available on purchases made with a discount, coupon or promotional offer."
    },
    "trustBadges": {
      "swiss": "Swiss Registered",
      "realMarkets": "Real Crypto Markets",
      "exchanges": "Ten Supported Exchanges",
      "platform": "Professional Trading Platform"
    },
    "positioning": "Built by Crypto Traders. Engineered for Serious Traders.",
    "challengeBadge": "One-Time Entry Fee · Choose from Multiple Challenge Types",
    "imageAlt": "Crypto trading firm professional terminal with multi-exchange support for users who successfully complete the evaluation",
    "swissBadgeAria": "Swiss Registered — view ZoneX AG in the Swiss Commercial Register (opens in a new tab)",
    "supportingCopy": "Real crypto markets. No consistency rules. No time limits. A drawdown floor fixed during the trading day — no intraday trailing — that recalculates at the daily reset.",
    "capitalLine": {
      "capital": "Up to $400K Qualified Funded Capital",
      "split": "Performance split selected at purchase"
    },
    "supportingCopyStage3Prefix": "Trade ",
    "supportingCopyStage3Highlight": "your",
    "proofLine": {
      "oneStep": "One-Step",
      "staticDrawdown": "Static Drawdown",
      "noMinDays": "No Minimum Trading Days",
      "noTimeLimit": "No Time Limit",
      "noConsistency": "No Consistency Rules"
    },
    "supportingCopyStage3Mid": " exchange. Build your Challenge. Trade your strategy."
  },
  "swissTrust": {
    "title": "Swiss-Based.",
    "titleHighlight": "Globally Trusted.",
    "description": "Built with Swiss precision and governed by Swiss corporate law. Your funds are secure, your data is protected, and your trading journey is backed by institutional-grade infrastructure.",
    "proudly": "Proudly",
    "swiss": "Swiss",
    "swissAlt": "Swiss registered crypto trading firm",
    "companyDetailsAfter": "• CHE-192.381.383 • Registered in Zug, Switzerland",
    "pillars": {
      "quality": {
        "title": "Swiss Quality",
        "description": "Precision engineering and attention to detail in every aspect"
      },
      "security": {
        "title": "Swiss Security",
        "description": "Bank-grade data protection and governance standards"
      },
      "privacy": {
        "title": "Swiss Privacy",
        "description": "Your data protected under strict Swiss privacy laws"
      },
      "reliability": {
        "title": "Swiss Reliability",
        "description": "Dependable systems built to Swiss standards"
      }
    }
  },
  "exchanges": {
    "title": "Trade on",
    "titleHighlight": "Multiple Exchanges",
    "description": "Connect your trading strategies to ten supported cryptocurrency exchanges through our unified platform — more coming soon.",
    "highlights": {
      "oneWindow": "Trade on multiple exchanges in one window",
      "analyzeTickers": "Analyze multiple tickers simultaneously",
      "twoClicks": "Trade on multiple exchanges in parallel with Two Clicks"
    },
    "supported": "supported",
    "comingSoon": "More exchanges coming soon",
    "requestYours": "Request yours",
    "binance": {
      "description": "World's largest crypto exchange by volume",
      "features": "USD-M Futures"
    },
    "bybit": {
      "description": "Leading derivatives trading platform",
      "features": "Linear/Inverse Perpetuals"
    },
    "okx": {
      "description": "Comprehensive trading ecosystem",
      "features": "Futures and Perpetual Swaps"
    },
    "hyperliquid": {
      "description": "High-performance perpetuals DEX",
      "features": "On-chain Perpetuals"
    },
    "phemex": {
      "description": "Fast derivatives exchange with deep liquidity",
      "features": "USDT Perpetuals"
    },
    "gateio": {
      "description": "Comprehensive crypto trading platform",
      "features": "Perpetual Contracts"
    },
    "coinw": {
      "description": "Global crypto derivatives exchange",
      "features": "USDT Perpetuals"
    },
    "kucoin": {
      "description": "Global crypto derivatives exchange",
      "features": "USDT Perpetuals"
    },
    "challengeDistinction": "Connect multiple personal exchange accounts to the Terminal. Each Challenge uses one selected exchange’s market data in a simulated account."
  },
  "whyDifferent": {
    "title": "Why",
    "titleHighlight": "ZoneX?",
    "description": "We're in the business of evaluating trading skills.",
    "compareTitle": "Compare",
    "compareTitleHighlight": "Crypto Trading Firms",
    "compareSubtitle": "A structural comparison of crypto trading evaluation platforms",
    "spotTrading": "Spot Trading",
    "tableAriaLabel": "Comparison of ZoneX features with competing crypto trading firms",
    "feature": "Feature",
    "exchangesSupported": "Exchanges Supported",
    "terminalIncluded": "Professional Terminal Included w/Challenges",
    "tradeManagement": "Trade Management Automation",
    "tradeJournaling": "Automatic Trade Journaling",
    "riskManagement": "Automatic Risk Management",
    "preViolationWarning": "Pre Violation Warning",
    "preViolationWarningAddon": "+20% add-on",
    "retryMechanism": "Free Challenge Retry",
    "retryZonex": "Conditional retry included*",
    "retryTooltip": "Free retry — if your realized profit reached 5% at any point before you failed, you get another attempt at no cost. Realized profit means closed, filled trades, not an unrealized equity peak. One retry per purchase. Not available on purchases made with a discount, coupon or promotional offer.",
    "retryCompetitor": "Not included or additional fee",
    "startingPrice": "Starting Price",
    "yesIncluded": "Yes, included",
    "notIncluded": "No, not included",
    "whyTitle": "Why",
    "whySubtitle": "Built for crypto traders who want size without putting their own stack on the line.",
    "institutionalTitle": "Scale Your Edge, Not Your Risk",
    "institutionalDesc": "Trade up to $400K in size without risking your own capital. Qualifying performance under a Funded Trader Arrangement may earn up to 90% performance-based remuneration.",
    "capitalProtectionTitle": "No Intraday Trailing",
    "capitalProtectionDesc": "Your drawdown floor is fixed during the trading day — no intraday trailing, no high-water-mark recalculation. It stays where it was set until the next reset, when it recalculates from your new daily starting balance.",
    "timeConstraintsTitle": "No Timer. Trade Your Setups.",
    "timeConstraintsDesc": "Wait days or weeks for your A+ setup. There is no time limit — patience is not punished.",
    "profitSplitTitle": "Performance split selected at purchase",
    "profitSplitDesc": "You choose the percentage yourself in the configurator; the recorded split applies for the life of the arrangement. Paid in USDT/USDC on-chain.",
    "swissBackedTitle": "Swiss-Registered Company",
    "swissBackedDesc": "ZoneX AG is registered in Switzerland (UID CHE-192.381.383) — institutional-grade governance and clear legal recourse.",
    "exchangeChoiceTitle": "Your Exchange, Your Keys",
    "exchangeChoiceDesc": "ZoneX Challenges connect to your exchange of choice in one click. API connections are only for traders trading their own crypto held at other exchanges. Connect Binance, Bybit, OKX, Hyperliquid, Phemex, Gate.io, CoinW, KuCoin, Bitget, or Aster. Your API, your control — spot and futures across all ten.",
    "terminalTitle": "Crypto-Native Terminal Included",
    "terminalDesc": "Multi-exchange execution, advanced order types, and automatic journaling — free with every challenge (simulated execution on live market data), or standalone with your own connected exchange accounts for live execution of your own trades.",
    "pricingTitle": "Disbursements in USDT/USDC",
    "pricingDesc": "Get paid in USDT/USDC on-chain. No surprise fees, no waiting weeks.",
    "automationTitle": "Trade Management Automation",
    "automationDesc": "Automate your trade entries, exits, and position sizing with powerful built-in tools",
    "journalingTitle": "Automatic Trade Journaling",
    "journalingDesc": "Every trade is automatically logged and tracked - review your performance without manual effort",
    "riskTitle": "Automatic Risk Management",
    "riskDesc": "Built-in order calculation and risk management tools to maintain compliance with limits",
    "secondAttemptTitle": "Free Challenge Retry",
    "secondAttemptDesc": "A retry mechanism provides a second attempt path within the evaluation framework for qualified users.",
    "secondAttemptMicro": "Conditions apply",
    "conditionsShort": "Conditions",
    "retryConditionsTitle": "Free Challenge Retry Conditions",
    "retryConditionsDesc": "Free retry — if your realized profit reached 5% at any point before you failed, you get another attempt at no cost. Realized profit is measured on closed, filled trades; an unrealized equity peak that is later given back does not qualify. One retry per purchase. Not available on purchases made with a discount, coupon or promotional offer.\n\nThe retry creates a fresh account with the same size and rules. ZoneX reserves the right to deny a retry in cases of reckless, abusive, or non-systematic trading behavior.",
    "noHiddenRulesTitle": "No Hidden Rules",
    "noHiddenRulesDesc": "At ZoneX, we keep things simple and clear. What you see is what you get.\n\nIf you meet the rules, you can move forward. No surprises, no hidden conditions, no unfair decisions.\n\nWe reward traders who can perform over time rather than one lucky trade.",
    "payoutsDesc": "Payment requests are reviewed regularly using a clear and fair process.",
    "readChallengeRules": "Read our Challenge Rules →",
    "cards": {
      "realExecution": {
        "title": "Real Crypto Markets — Not Synthetic CFDs",
        "description": "Trade real crypto pairs in a simulated environment with pricing derived from live exchange markets — not synthetic CFD pricing with artificially widened spreads."
      },
      "multiExchange": {
        "title": "Multi-Exchange Support",
        "description": "Trade spot and futures on Binance, Bybit, OKX, Phemex, Gate.io, Hyperliquid, CoinW, KuCoin, Bitget, and Aster. Choose your preferred platform."
      },
      "proTerminal": {
        "title": "Professional Terminal",
        "description": "Access institutional-grade trading tools, advanced charting, and risk management features."
      },
      "fastPayouts": {
        "title": "Fast Disbursements",
        "description": "Disbursements processed twice daily. No waiting weeks for your earnings."
      },
      "fairRules": {
        "title": "Fair Trading Rules",
        "description": "Clear, transparent rules designed for serious traders. No hidden gotchas."
      },
      "swissBacked": {
        "title": "Swiss-Backed Security",
        "description": "Swiss-registered company with institutional security standards for your peace of mind."
      }
    },
    "noTimeLimitRow": "No Time Limits on Challenges",
    "whyPhilosophy": "Trade $5K to $400K on your exchange, keep up to 90% — paid in USDT/USDC on-chain. One-step evaluation, no time limit, free retry if you miss.",
    "whyTerminalLine": "Plus a pro-grade multi-exchange terminal — free with every challenge, or use it standalone with your own capital.",
    "realMarketsTitle": "Real Crypto Markets — No CFDs",
    "realMarketsDesc": "Trade real cryptocurrency pairs with pricing derived from real exchange order books — not synthetic CFD pricing with artificially widened spreads. Experience market-driven prices designed to reflect the conditions, movements and dynamics of the underlying crypto markets.",
    "terminalContinuityDesc": "One platform from evaluation to live trading — the same charts, layouts, and workflows after you pass. Nothing new to learn.",
    "noConsistencyTitle": "No Consistency Rules",
    "noConsistencyDesc": "One great trading day never disqualifies you. No forced profit distribution, no hidden daily caps."
  },
  "challenges": {
    "title": "Challenge",
    "titleHighlight": "Types",
    "description": "Choose a challenge type that matches your trading style.",
    "whatAre": {
      "title": "What Are Trading Evaluation Challenges?",
      "description": "Trading challenges are evaluation programs where you demonstrate your trading skills using simulated capital. Passing may lead to a Funded Trader Arrangement, subject to ZoneX approval, with qualifying performance eligible for up to 90% performance-based remuneration.",
      "zeroRisk": {
        "title": "Zero Personal Risk",
        "description": "Trade with simulated capital during evaluation - no risk to your own funds."
      },
      "proveSkills": {
        "title": "Prove Your Skills",
        "description": "Demonstrate consistent profitability and disciplined risk management."
      },
      "getFunded": {
        "title": "Become Eligible",
        "description": "Pass the Challenge and become eligible for approval and admission to a Funded Trader Arrangement."
      }
    },
    "chooseType": "Choose Your Challenge Type",
    "popular": "Popular",
    "lowerCost": "Lower Cost",
    "highConviction": "High Conviction",
    "keyFeatures": "Key Features",
    "bestFor": "Best For",
    "yourStyle": {
      "title": "Your Own Style",
      "description": "For flexible traders. 10% profit target with balanced risk parameters and maximum flexibility. Designed for traders who want to trade their own strategy without unnecessary constraints.",
      "features": {
        "profitTarget": "10% Profit Target",
        "dailyLoss": "2.5% Daily Drawdown",
        "totalDrawdown": "10% Total Drawdown",
        "noTimeLimit": "No Fixed Time Limit",
        "noTradeLimit": "No Daily Trade Limit",
        "anyStrategy": "Any Strategy Allowed"
      },
      "bestFor": "Flexible discretionary traders"
    },
    "forcedProfitability": {
      "title": "Disciplined Trader",
      "description": "For disciplined traders. Lower daily drawdown and lower pricing. Designed for traders who prioritize consistency, capital preservation, and steady account growth.",
      "features": {
        "profitTarget": "10% Profit Target",
        "dailyLoss": "2% Daily Drawdown",
        "totalDrawdown": "10% Total Drawdown",
        "riskCentric": "Risk-centric evaluation model",
        "immediateFunding": "Subject to eligibility and compliance review",
        "terminalRequired": "Professional terminal required",
        "noTimeLimit": "No Fixed Time Limit",
        "lowerFees": "Lower challenge fees",
        "biweeklyLoss": "10% Total Drawdown Limit",
        "riskPerTrade": "Max 0.6% Risk Per Trade",
        "consecutiveRule": "4-Trade Consecutive Loss Rule"
      },
      "bestFor": "Disciplined risk-focused traders"
    },
    "highConvictionChallenge": {
      "title": "High Conviction",
      "description": "For aggressive traders. Higher profit targets combined with wider risk limits. Designed for traders seeking greater upside and willing to take on more risk.",
      "features": {
        "profitTarget": "20% Profit Target",
        "dailyLoss": "5% Daily Drawdown",
        "totalDrawdown": "15% Total Drawdown",
        "noTimeLimit": "No Fixed Time Limit",
        "minDays": "No minimum trading days",
        "noRiskCap": "No risk-per-trade cap"
      },
      "bestFor": "Aggressive high-conviction traders"
    },
    "process": {
      "title": "The Challenge Process",
      "evaluation": {
        "title": "Evaluation Phase",
        "description": "Trade on a simulated account. Meet profit targets while staying within risk limits."
      },
      "funded": {
        "title": "Funded Trader Arrangement",
        "description": "Pass and become eligible for approval and admission. Qualifying performance may earn up to 90% performance-based remuneration."
      }
    },
    "transparency": {
      "title": "Process Transparency",
      "description": "Our rules are clear, documented, and consistently applied. No surprises.",
      "noHidden": "No hidden or undocumented rules",
      "noDiscretionary": "No discretionary failures if written rules are met",
      "noRetroactive": "No retroactive rule changes mid-challenge",
      "noRandom": "No random lot size caps or time-of-day bans"
    },
    "viewRuleMechanics": "View Rule Mechanics",
    "ctaDescription": "Choose a challenge type that matches your trading style and begin your evaluation journey.",
    "viewPricing": "Start Challenge"
  },
  "pricing": {
    "badge": "START CHALLENGE",
    "tierRules": {
      "totalRiskPerDay": "Daily Drawdown",
      "totalRisk": "Total Drawdown",
      "minTradingDays": "Minimum Trading Days",
      "stopLossRequired": "Stop-Loss Required on ALL Positions",
      "totalDrawdownInfo": "Static total drawdown: your floor is set from your initial account balance and never moves. It does not trail your equity, does not step upward as the account grows, and never resets. Includes realized losses, unrealized losses, trading fees and funding fees.",
      "profitTarget": "Profit Target",
      "noConsistencyRules": "No Consistency Rules",
      "noTimeLimit": "No Time Limit",
      "fixedDailyFloor": "No Intraday Trailing",
      "realCryptoMarkets": "Real Crypto Markets (No CFDs)",
      "freeRetry5Percent": "Free Retry at 5% Realized Profit*",
      "maxStopDistance": "Max Stop Distance",
      "maxStopDistanceValue": "90% of venue liquidation distance",
      "dailyDrawdownInfo": "Your allowance is set from your balance at the 02:00 Europe/Zurich reset and is fixed until the next reset — it never trails your equity and never moves on unrealized profit or loss. What changes as you trade is how much of it you have committed: realized losses, unrealized losses, trading and funding fees, plus the worst-case loss if every open stop-loss were hit. That committed figure is reassessed whenever a position opens or a stop is moved. The limit is fixed; only your usage of it moves.",
      "maxStopDistanceInfo": "Your stop-loss must clear liquidation by 10%: it may sit no further from entry than 90% of the distance to your exchange liquidation price. That distance is set by your exchange, margin and leverage, so it changes per trade — it is not a fixed 90% price move. Checked at order placement, at fill, and whenever a stop or leverage is changed.",
      "freeRetryInfo": "If your realized profit reached 5% at any point before you failed, you get another attempt at no cost. Realized profit means closed, filled trades — an unrealized equity peak that is given back does not qualify. One retry per purchase. Not available on purchases made with a discount, coupon or promotional offer."
    },
    "yourChallengeIncludes": {
      "title": "Your Challenge Rules Summary",
      "positivesHeading": "What makes ZoneX different",
      "dtNote": "Built for disciplined traders who prioritize consistency and risk management and may be evaluated for a Funded Trader Arrangement."
    },
    "freeChallengeRetry": "Free Challenge Retry",
    "freeRetryConditionsLabel": "Free Challenge Retry conditions",
    "headlinePart1": "Choose Your Challenge.",
    "headlinePart2": "Get Funded.",
    "title": "Choose Your Challenge. Get Funded.",
    "subtitle": "Configure your challenge below:",
    "challengeType": "Challenge Type",
    "yourOwnStyle": "Your Own Style",
    "forcedProfitability": "Disciplined Trader",
    "highConviction": "High Conviction",
    "yourOwnStyleDesc": "Trade using your own strategy with balanced risk limits.",
    "forcedProfitabilityDesc": "Built to identify disciplined, consistent traders for potential admission to the Funded Trader Programme.",
    "highConvictionDesc": "Trade with maximum room. 5% daily limit, 15% total drawdown. Higher targets, no risk-per-trade cap.",
    "oneStepDays": "No Time Limits",
    "fpOneStepDays": "No Time Limits",
    "hcOneStepDays": "No Time Limits",
    "hcFuturesOnly": "High Conviction is available for Futures accounts only",
    "tradingCapital": "Simulated Account Size",
    "selectCapital": "Select simulated account size",
    "platformNote": "After purchase, you'll be able to choose your platform during challenge setup. Your daily loss limit is fixed at the 02:00 Europe/Zurich reset and is never recalculated intraday. Your total drawdown floor of 10% (15% High Conviction) is static: it is calculated once from your initial account balance and never moves.",
    "summary": "Summary",
    "includes": "Your Challenge Includes",
    "simulatedBalance": "Simulated Starting Balance",
    "features": {
      "profitTarget": "10% Profit Target",
      "dailyLoss": "2.5% Daily Loss Limit",
      "riskManagement": "Risk Management Centric Trading",
      "immediateFunding": "Subject to Eligibility and Compliance Review",
      "terminalFeatures": "Professional Terminal Features",
      "hcProfitTarget": "20% Profit Target",
      "hcDailyLoss": "5% Daily Loss Limit",
      "hcDrawdown": "15% Total Drawdown"
    },
    "performanceRewards": "Performance split selected at purchase",
    "zeroRisk": "Zero Real Financial Risk",
    "personalSupport": "Dedicated Personal Support",
    "termsLabel": "I have read and agree to the",
    "termsOfUse": "Terms of Use",
    "and": "and",
    "challengeRules": "Challenge Rules",
    "termsAcknowledge": "I have read and agree to the Terms of Use, Privacy Policy, Challenge Rules, and Challenge Terms and Conditions, and understand that violations may result in termination without refund.",
    "challengeTermsLink": "Challenge Terms and Conditions",
    "feeDisclaimer": "This purchase is a non-refundable service fee for access to a simulated evaluation environment. No prizes or payouts are available during the Challenge.",
    "simulatedDisclaimer": "Simulated evaluation only. No prizes or payouts during the challenge.",
    "termsRequired": "Terms Required",
    "termsRequiredDesc": "Please accept the Terms of Use, Privacy Policy, Challenge Rules, and Challenge Terms and Conditions before proceeding.",
    "startChallenge": "Start Challenge",
    "profitTarget": "Profit Target",
    "maxDrawdown": "Max Drawdown",
    "dailyLoss": "Daily Loss Limit",
    "profitSplit": "Performance Incentive",
    "mostPopular": "Most Popular",
    "accountType": {
      "label": "Account Type",
      "futures": "Futures",
      "spot": "Spot",
      "futuresDesc": "Leveraged trading - long/short positions with leverage",
      "spotDesc": "Buy-only trading - purchase assets and sell for profit",
      "futuresOnly": "Futures only",
      "title": "Account Type"
    },
    "preViolationWarning": {
      "title": "Pre-Violation Warning",
      "description": "Optional add-on. Get proactive UI notifications before executing trades that would violate challenge rules. Helps you avoid accidental rule breaches.",
      "badge": "Warning Active",
      "basePrice": "Base",
      "addon": "Add-on",
      "forThisChallenge": "for this challenge",
      "confirmTitle": "Are you sure you don't want the pre-violation warning?",
      "confirmBody1": "The Pre Violation Warning is an optional safety layer. It costs only 20% of the total challenge fee for this peace of mind. Before you submit a trade that would breach a challenge rule — such as exceeding your maximum drawdown, daily loss limit, or per-trade risk cap — the platform shows a clear in-UI warning so you can cancel or adjust the order.",
      "confirmBody2": "Without it, an accidental click or oversized position can instantly end your challenge with no second chance. Many traders consider this the single cheapest form of insurance against losing the challenge fee on a preventable mistake.",
      "confirmBody3": "It is fully optional — you can continue without it.",
      "confirmAdd": "Add Pre Violation Warning (+${{price}})",
      "confirmDecline": "Continue without it",
      "optionalBadge": "Optional",
      "shortDescription": "Get alerts before breaching rule limits.",
      "addToChallenge": "Add to Challenge"
    },
    "selectToContinue": "Select an option to continue",
    "completeSteps": "Complete all steps to continue",
    "finalPrice": "Final Price",
    "futures": "Futures",
    "spot": "Spot",
    "futuresDesc": "Leveraged trading with long/short positions",
    "spotDesc": "Buy and sell assets directly, no leverage",
    "spotNote": "Spot trading available for $5k, $10k, and $25k accounts",
    "futuresOnly": "Futures only",
    "progress": "Progress",
    "termsAcknowledgeTail": ", and understand that violations may result in termination without refund.",
    "completeAll": "Complete all selections to continue",
    "completeAllMobile": "Configure your challenge to continue",
    "missingFieldsDesc": "Please make all required selections to continue.",
    "step1": "Choose Challenge Type",
    "step2": "Choose Account Type",
    "step3": "Choose Account Size",
    "step4": "Select Exchange",
    "step5": "Start Trading!",
    "stepperLabel": "Challenge progress",
    "clearMostPopularConfig": "Clear Configuration",
    "chooseMostPopularConfig": "Most Popular",
    "mostPopularSubtitle": "Your Own Style · Futures · $25k",
    "clearLowestPriceConfig": "Clear Configuration",
    "chooseLowestPriceConfig": "$29 Challenge",
    "presetSelected": "Selected",
    "clearConfigLink": "Clear",
    "detailsToggle": "Your Challenge Rules Summary",
    "clickToExpand": "click to expand",
    "lowestPriceSubtitle": "Disciplined Trader · Futures · $5k",
    "challengeTypeHint": "Pick the evaluation framework that fits your style",
    "popular": "Popular",
    "requiredField": "Please make a selection to continue",
    "tradingCapitalHint": "Choose simulated account size. Trading terminal included.",
    "orderSummary": "Your Challenge Summary",
    "priceLabel": "One-time fee",
    "qualifiedAccountLine": "challenge account",
    "exchange": {
      "titleNumbered": "5. Select Exchange",
      "placeholder": "Select an exchange"
    },
    "privacyPolicy": "Privacy Policy",
    "tierLabels": {
      "basic": "BASIC",
      "advanced": "ADVANCED",
      "institutional": "INSTITUTIONAL",
      "pro": "PRO"
    },
    "capitalChip": "Simulated Account",
    "priceSubLabel": "No recurring charges",
    "accountTileOneTime": "one-time",
    "ctaOneTimeNote": "One-time fee. No subscription. No recurring charges.",
    "redirectingToCheckout": "Redirecting to checkout review..",
    "terminalIncluded": "{{tier}} Terminal Included",
    "ctaReassuranceShort": "One-time fee · Secure checkout · Simulated evaluation",
    "selectAccountSizeToSeePrice": "Select account size to see price",
    "accountSizeTerminalTooltip": "Each account size includes the Terminal tier shown on the account-size option.",
    "missingCta": {
      "challenge": "Select Challenge Type to Continue",
      "accountType": "Select Account Type to Continue",
      "accountSize": "Select Account Size to Continue",
      "exchange": "Select Exchange to Continue",
      "terms": "Accept the Terms to Continue"
    },
    "fundedTraderRules": "Funded Trader Rules"
  },
  "terminal": {
    "title": "The",
    "titleHighlight": "Terminal",
    "description": "Professional-grade trading terminal built for serious crypto traders.",
    "trialBadge": "7-Day FREE Trial for ZoneX Terminal",
    "trialBadgeAriaLabel": "View terminal subscription options - 7 day free trial available for Basic tier only",
    "trialBoxDesc": "Try our ZoneX Terminal free for 7 days with no commitment. Advanced and Institutional tiers include free challenges instead of a trial period.",
    "profitabilityBadge": {
      "part1": "Your Edge.",
      "part2": "Your Profit."
    },
    "profitabilityBoxDesc": "Built-in risk management, trade journaling, and analytics help you develop consistent, profitable trading habits.",
    "perMonth": "/month",
    "termsRequired": "Terms Required",
    "termsRequiredDesc": "Please accept the Terms of Use before proceeding.",
    "termsCheckbox": {
      "prefix": "I have read and agree to the",
      "link": "Terms of Use"
    },
    "includedNote": {
      "title": "Terminal access included FREE with every Funded Trader Arrangement",
      "description": "Pass your challenge and get professional terminal access at no extra cost"
    },
    "getStartedNow": "Explore Terminal",
    "registerNow": "Explore Terminal",
    "features": {
      "multiExchange": "Multi-Exchange Support",
      "multiExchangeDesc": "Unified interface for trading across all supported exchanges",
      "advancedCharts": "Advanced Charting",
      "advancedChartsDesc": "Professional-grade charts with 100+ indicators and drawing tools",
      "riskManagement": "Risk Management Tools",
      "realTimeData": "Real-Time Market Data",
      "realTimeDataDesc": "Real-time data feeds and instant order execution across all supported exchanges",
      "secureReliable": "Secure & Reliable",
      "secureReliableDesc": "Enterprise-grade security and redundant infrastructure",
      "customAlerts": "Custom Alerts",
      "portfolioTracking": "Portfolio Tracking"
    },
    "subscriptions": {
      "title": "Terminal Subscriptions",
      "subtitle": "Choose the plan that fits your trading style",
      "trialNote": "*7-day free trial includes ZoneX Terminal access only"
    },
    "tiers": {
      "basic": {
        "name": "Basic",
        "feature1": "Single exchange",
        "feature2": "Basic charts",
        "feature3": "Standard support"
      },
      "advanced": {
        "name": "Advanced",
        "freeChallenge": "Free 5K Challenge Account!",
        "feature1": "All supported exchanges",
        "feature2": "Advanced charts",
        "feature3": "Priority support",
        "feature4": "API access"
      },
      "institutional": {
        "name": "Institutional",
        "freeChallenge": "Free 10K Challenge Account!",
        "feature1": "All Advanced features, plus:",
        "feature2": "Custom indicators",
        "feature3": "Priority support",
        "feature4": "Advanced API"
      }
    },
    "buyTerminal": "Buy Terminal",
    "startTrial": "Start 7-day FREE trial now!",
    "noCreditCard": "No credit card required",
    "gallery": {
      "multichart": {
        "title": "Multi-Chart Trading",
        "point1": "Trade on multiple exchanges in one window",
        "point2": "Analyze multiple tickers simultaneously",
        "point3": "Trade on multiple exchanges in parallel with Two Clicks"
      },
      "journal": {
        "title": "Trade Journal",
        "point1": "Review your automatically journaled trades",
        "point2": "Compare previous trade setups and write down notes",
        "point3": "See a breakdown of your trading behaviour and filter your trades"
      },
      "themes": {
        "title": "Custom Themes",
        "point1": "Choose from multiple themes to tailor the terminal to your needs"
      },
      "orderform": {
        "title": "Advanced Order Form",
        "point1": "Configure your risk settings for automatic position size, order size and stop loss calculations based on either risk % or R:R values",
        "point2": "Change them on the fly if the current trade needs to look different"
      },
      "exchanges": {
        "title": "Exchange Switcher",
        "point1": "Switch between any exchange in one click and compare the prices",
        "point2": "Track all your activity on the exchanges"
      },
      "challenge": {
        "title": "Challenge Analytics",
        "point1": "Get a detailed breakdown of your current challenge state",
        "point2": "Track trade statistics, win rate, and risk/reward ratios",
        "point3": "Monitor daily session status and loss budget in real-time"
      }
    },
    "terminalSubscriptions": "Terminal Subscriptions",
    "pillsHeading": "Trading Terminal",
    "pills": {
      "multiExchange": "Multi-Exchange",
      "positionManagement": "Position Management",
      "twoClickTrading": "Two-Click Trading",
      "tradeJournal": "Trade Journal",
      "riskManagement": "Risk Management",
      "noDeadlines": "No Deadlines",
      "realTimeData": "Real-Time Data"
    }
  },
  "twoWays": {
    "title": "Two Ways to",
    "titleHighlight": "Get Started",
    "description": "Choose the path that fits your trading journey.",
    "challenge": {
      "title": "Trading Challenge",
      "description": "Your performance split is the percentage recorded in your purchase configuration. It applies only after a separate funded-stage review.",
      "feature1": "One-time challenge fee",
      "feature2": "Simulated trading environment",
      "feature3": "Performance split selected at purchase",
      "feature4": "Structured rules and risk controls",
      "bestFor": "Best for: Traders who want to prove their skills under structured risk rules.",
      "features": [
        "No risk of your own capital",
        "Up to 90% performance incentive",
        "Multiple account sizes available"
      ]
    },
    "terminal": {
      "title": "Trading Terminal",
      "description": "Connect your own exchange accounts and trade through our professional multi-exchange platform.",
      "feature1": "Connect your own exchange accounts",
      "feature2": "Multi-exchange trading platform",
      "feature3": "Advanced analytics and risk tools",
      "feature4": "Keep 100% of your own profits",
      "bestFor": "Best for: Practice, strategy development, or trading your own capital.",
      "features": [
        "Trade your own capital",
        "Multi-exchange support",
        "Advanced risk management"
      ]
    }
  },
  "earlyAccess": {
    "title": "Be First in",
    "titleHighlight": "Line",
    "description": "Join our early access list and be the first to know when we launch.",
    "launchBadge": "Launching Q1 2026",
    "benefits": {
      "firstToKnow": {
        "title": "First to Know",
        "description": "Get notified the moment we launch"
      },
      "exclusiveOffers": {
        "title": "Exclusive Offers",
        "description": "Early bird discounts & bonuses"
      },
      "priorityAccess": {
        "title": "Priority Access",
        "description": "Skip the queue at launch"
      }
    },
    "placeholder": "Enter your email",
    "button": "Get Early Access",
    "joinButton": "Join Early Access List",
    "joining": "Joining..",
    "success": "You're on the list!",
    "successTitle": "You're on the List!",
    "successDesc": "We'll send you an email when ZoneX launches. Get ready to trade on your terms!",
    "successDescription": "We'll send you an email when ZoneX launches. Get ready to trade on your terms!",
    "checkInbox": "Check your inbox for a confirmation email.",
    "close": "Close",
    "emailLabel": "Email address",
    "alreadyRegistered": "Already Registered",
    "alreadyRegisteredDesc": "This email is already on our early access list.",
    "registrationFailed": "Registration Failed",
    "invalidEmail": "Invalid Email",
    "emailTooLong": "Email must be less than 255 characters",
    "error": "Something went wrong. Please try again.",
    "privacyNote": "No spam. Unsubscribe anytime. We respect your privacy.",
    "notifyDesc": "We'll notify you when ZoneX launches.",
    "validation": {
      "invalidEmail": "Please enter a valid email address",
      "emailTooLong": "Email must be less than 255 characters"
    },
    "toast": {
      "invalidTitle": "Invalid Email",
      "alreadyRegisteredTitle": "Already Registered",
      "alreadyRegisteredDesc": "This email is already on our early access list.",
      "successTitle": "You're on the list!",
      "successDesc": "We'll notify you when ZoneX launches.",
      "errorTitle": "Registration Failed",
      "errorDesc": "Something went wrong. Please try again later."
    }
  },
  "faq": {
    "title": "Frequently Asked",
    "titleHighlight": "Questions",
    "description": "Common questions about crypto trading evaluation and how ZoneX works",
    "ctaText": "Still have questions about our trading evaluation platform?",
    "searchPlaceholder": "Search questions…",
    "searchAriaLabel": "Search frequently asked questions",
    "clearSearch": "Clear search",
    "noResults": "No questions match your search. Try a different keyword or topic.",
    "resultsCount_one": "{{count}} question",
    "resultsCount_other": "{{count}} questions",
    "topics": {
      "all": "All topics",
      "rules": "Challenge rules",
      "kyc": "Identity verification",
      "general": "General",
      "remuneration": "Performance Remuneration"
    },
    "glossary": {
      "title": "Quick Glossary",
      "subtitle": "Key terms you'll see across the FAQ and challenge pages.",
      "terms": {
        "incentiveEligible": {
          "term": "Funded Trader Account / Account Configuration",
          "definition": "Available only after separate admission to the Funded Trader Programme and acceptance of the funded-stage documents. The Trading Environment may be simulated or, where ZoneX separately elects, involve ZoneX-owned proprietary capital. The trader does not own or control the underlying capital. Full KYC is not automatically required before ordinary simulated funded-stage activity."
        },
        "minProfitableDays": {
          "term": "Minimum profitable trading days",
          "definition": "The minimum number of qualifying days required by the funded-stage documents before a Performance Remuneration request may be submitted."
        },
        "dailyDrawdown": {
          "term": "Daily drawdown",
          "definition": "The maximum permitted loss from your daily starting balance within a single 24-hour period. Breaching it ends the challenge."
        },
        "totalDrawdown": {
          "term": "Total drawdown",
          "definition": "The maximum permitted loss measured from your initial account balance. This floor is fixed for the life of the Challenge and never moves."
        },
        "challengeAccount": {
          "term": "Challenge account",
          "definition": "The simulated evaluation account you trade during the challenge. It uses live market data and follows the rules of your selected challenge type."
        },
        "oneStep": {
          "term": "One-Step verification",
          "definition": "A single-phase evaluation. You pass by hitting one profit target while meeting all other rules."
        }
      }
    },
    "questions": {
      "whyChooseZoneX": {
        "q": "Why should I buy a Challenge from ZoneX instead of others?",
        "a": "ZoneX offers transparent Challenge rules, a static total drawdown floor, no minimum trading days, no time limits and a professional crypto-native environment. Passing creates eligibility for a separate funded-stage review; admission is not automatic.",
        "readMore": "See the comparison"
      },
      "whatIs": {
        "q": "What is ZoneX?",
        "a": "ZoneX provides simulated crypto trading Challenges and a professional Terminal. Traders who complete a Challenge may be reviewed separately for admission to the Funded Trader Programme."
      },
      "howWorks": {
        "q": "How does the challenge work?",
        "a": "Purchase and trade a simulated Challenge using live market data under the selected rules. Passing makes you eligible for a separate funded-stage review. If ZoneX approves admission, you must accept the Funded Trader Services Agreement, Account Schedule and Funded Trader Rules before activation."
      },
      "purchaseChallenge": {
        "q": "How do I purchase a challenge?",
        "a": "Go to the <startChallenge>Start Challenge</startChallenge> section.\n\n1. Choose your Challenge Type. <compareTypes>Compare types</compareTypes>\n2. Choose your Account Type. Select Futures or Spot. <accountType/>\n3. Choose your Account Size. Select the simulated account size you want to trade. <accountSize/>\n4. Select your Exchange. Choose the exchange you want to use for your challenge. <exchange/>\n5. Choose any optional add-ons. If desired, add the Pre-Violation Warning to receive alerts before placing trades that could breach challenge rules. <preViolation/>\n6. Review your Challenge Summary. Confirm your selections and the one-time challenge fee.\n7. Accept the terms. Read and accept the Terms of Use, Privacy Policy, Challenge Rules, and Challenge Terms and Conditions.\n8. Complete your purchase. Click Continue, complete the checkout process (pay by crypto or card), and your challenge will be activated. Your challenge credentials are typically delivered within minutes."
      },
      "payoutTiming": {
        "q": "How long do payouts take?",
        "a": "The first Performance Remuneration request may be submitted after the timing and Qualifying Performance conditions in the Funded Trader Rules and Account Schedule are met. Full KYC and identity-based sanctions screening must be completed before payment. Standard requests target processing within 24 hours and a maximum standard review period of 48 hours, subject to justified additional review."
      },
      "payoutGuaranteed": {
        "q": "Is my payout guaranteed if I follow the rules?",
        "a": "Properly earned Performance Remuneration is processed under the funded-stage documents after the applicable Qualifying Performance, rule-compliance, verification and payment conditions are met. It may be withheld, rejected or adjusted only on justified grounds stated in those documents or required by law."
      },
      "simulatedAccounts": {
        "q": "Are the challenge accounts live or simulated?",
        "a": "Challenge accounts are simulated and use live market data. After separate review and approval, a funded-stage Trading Environment may remain simulated or, where ZoneX separately elects, may involve ZoneX-owned proprietary capital. The trader does not own or control the underlying capital."
      },
      "terminalLogin": {
        "q": "How do I log into the terminal and start trading?",
        "a": "Log in and click <1>Launch Terminal</1>."
      },
      "terminalDocs": {
        "q": "Where do I find instructions for the Trading Terminal?",
        "a": "Here you will find detailed instructions for the <docs>Trading Terminal</docs>."
      },
      "exchanges": {
        "q": "Which exchanges are supported?",
        "a": "We support Binance (USD-M Futures), Bybit (Linear/Inverse Perpetuals), OKX (Futures and Perpetual Swaps), Hyperliquid (On-chain Perpetuals), Phemex (USDT Perpetuals), Gate.io (Perpetual Contracts), CoinW (USDT Perpetuals), and KuCoin (USDT Perpetuals)."
      },
      "leverage": {
        "q": "What is the available leverage?",
        "a": "Leverage depends on two things: your account type and the pair you're trading.\n\n- Futures accounts — leverage is available on every pair. The maximum is set per pair by the exchange your account runs on: big pairs like BTC and ETH typically allow up to 100×, smaller coins have lower limits. The order form always shows the exact maximum for the pair you have open, and it won't let you go above it.\n\n- Spot accounts — no leverage at all (1×, long-only). That's what \"Spot\" means.\n\nOne important thing for challenge accounts: high leverage does not loosen the rules. Drawdown, daily/weekly loss, position-size and exposure limits all still apply — and if a position gets liquidated, the challenge fails immediately.\n\nLeverage makes both directions faster, including the losing one."
      },
      "tradeAllPairs": {
        "q": "Can we trade all pairs?",
        "a": "Yes. You can trade virtually every market your selected exchange offers. Your account is connected to one of our ten supported exchanges (Binance, Bybit, OKX, Gate.io, Phemex, CoinW, KuCoin, Hyperliquid, Bitget, or Aster), giving you access to that exchange's full range of USDT-quoted markets—USDT perpetual futures on futures accounts, or USDT spot pairs on spot accounts.\n\nWe do not restrict or whitelist trading pairs. If you cannot find a particular pair in the symbol search, it simply is not listed by that exchange. If the pair is available on another supported exchange, you can choose that exchange instead."
      },
      "performanceIncentive": {
        "q": "What's the performance incentive?",
        "a": "The applicable Performance Remuneration percentage is recorded in the Account Schedule for the approved Account Configuration. It does not change automatically through payout-count milestones."
      },
      "freeRetry": {
        "q": "Can I get a free retry if I fail the challenge?",
        "a": "Free retry — if your realized profit reached 5% at any point before you failed, you get another attempt at no cost, even if the account subsequently breached the daily loss limit or maximum drawdown. Realized profit is measured on closed, filled trades; an unrealized equity peak that is later given back does not qualify. One retry per purchase. It is not available on purchases made with a discount, coupon or promotional offer. The retry creates a fresh account with the same size and rules. ZoneX reserves the right to deny a retry in cases of reckless, abusive, or non-systematic trading behavior."
      },
      "minProfitableDays": {
        "q": "How many profitable trading days are required before a Performance Remuneration request?",
        "a": "You must meet the minimum profitable trading-day requirement in the funded-stage documents before requesting Performance Remuneration. This is not a withdrawal from a participant-owned balance."
      },
      "timeLimit": {
        "q": "Is there a time limit to pass the challenge?",
        "a": "No. ZoneX challenges have no maximum duration and no minimum trading days — take as long as you need to reach the profit target without breaching the daily or total drawdown limits. There is no calendar deadline pressuring you to over-trade."
      },
      "tradeHours": {
        "q": "Can I trade overnight or on weekends?",
        "a": "Yes. Crypto markets run 24/7 and ZoneX places no restrictions on session, news, or weekend trading. You can hold positions overnight and across weekends. The only time-based event you need to plan around is the daily drawdown reset at 02:00 Europe/Zurich."
      },
      "tradingDayDefinition": {
        "q": "What counts as a 'trading day' for disbursement eligibility?",
        "a": "A trading day is any 24-hour period (00:00–23:59 Europe/Zurich) in which you open at least one position that is held for a minimum of 3 minutes and risks at least 0.1% of account equity. Challenges have no minimum trading days — this definition applies only to the profitable-trading-day condition for performance-based remuneration under a Funded Trader Arrangement."
      },
      "holdThroughReset": {
        "q": "Can I hold positions through the 02:00 Europe/Zurich daily reset?",
        "a": "Yes. Positions remain open across the reset. At 02:00 Europe/Zurich, your closing balance for the day becomes the new reference point for the next day's daily drawdown limit. Your total drawdown floor is not affected — it is static, calculated from your initial account balance, and never moves. Open positions are not closed, modified, or affected by the reset itself; only the daily drawdown calculation is refreshed."
      },
      "withdrawals": {
        "q": "How do Performance Remuneration requests work?",
        "a": "A Performance Remuneration request asks ZoneX to discharge a contractual remuneration obligation under the funded-stage documents. It is not a withdrawal of participant-owned profits or a customer balance. Timing, minimums, Qualifying Performance, verification and review conditions are set out in the Funded Trader Rules and Account Schedule."
      },
      "payoutSetup": {
        "q": "How do I set up my payout details, and when is identity verification required?",
        "a": "Payment instructions are recorded for Performance Remuneration. Full KYC and identity-based sanctions screening must be completed no later than before the first payment, unless earlier checks are required by law, sanctions restrictions, fraud or compliance concerns, or a relevant third party. Activation of ordinary simulated funded-stage activity does not automatically require full KYC.",
        "topic": "withdrawals"
      },
      "kycRequirements": {
        "q": "What identity verification documents are required, and when must screening be completed?",
        "a": "Full KYC and identity-based sanctions screening must be completed no later than before the first Performance Remuneration payment, unless earlier checks are required by law, sanctions restrictions, fraud or compliance concerns, or a relevant third party. ZoneX may request a government-issued photo ID, recent proof of address and liveness check. Full KYC is not automatically required before ordinary simulated funded-stage activity."
      },
      "fullTimeline": {
        "q": "What is the full timeline from Challenge start to a Funded Trader Arrangement?",
        "a": "Step 1 — Purchase and complete the simulated Challenge. Step 2 — ZoneX conducts a separate funded-stage eligibility and Challenge-integrity review. Step 3 — If ZoneX approves admission, accept the Funded Trader Services Agreement, applicable Account Schedule and Funded Trader Rules. Step 4 — ZoneX activates the funded-stage Account Configuration. Step 5 — Complete full KYC and identity-based sanctions screening no later than before the first Performance Remuneration payment, unless earlier checks are required."
      },
      "tradingTerminal": {
        "q": "How do I use the trading terminal and place my first trade?",
        "a": "Log in to the ZoneX Terminal at <1>zonex.trading/login</1>. To trade your own crypto, connect your supported exchange account via API and select it in the account selector. To trade a purchased Challenge, select your simulated Challenge account instead.\n\nTo place a trade:\n1. Choose a ticker in the watchlist or use the search box.\n2. Open the order panel for that ticker.\n3. Select your order type: Market, Limit, Stop, or Stop-Limit.\n4. Enter your position size and leverage (if applicable).\n5. Set a stop-loss and take-profit for every trade.\n6. Click Buy or Sell to open the position.\n\nYour active positions, open orders, account balance, and available drawdown are shown in the same dashboard. For detailed instructions, see the <docs>Trading Terminal</docs> documentation."
      },
      "withdrawalTimeline": {
        "q": "After I pass, when can I request Performance Remuneration?",
        "a": "Passing creates eligibility for a separate funded-stage review; it does not create a payment right. If approved, you must accept the funded-stage documents before activation. A request becomes available only after the timing and Qualifying Performance conditions in the Funded Trader Rules and Account Schedule are met, with full KYC completed before payment unless required earlier."
      },
      "rulesSummary": {
        "q": "What are the trading rules, in plain language?",
        "a": "Every challenge has a clearly defined set of rules covering areas such as daily drawdown, maximum drawdown, profit targets, and risk management. The exact limits depend on the challenge type and account selected, but all requirements are published in advance and remain transparent throughout the evaluation.\n\nIn addition to the core trading limits, every position must have a stop-loss attached. There are no minimum trading days. Some challenge types may include additional risk management requirements, such as maximum risk per trade or minimum reward-to-risk ratios.\n\nThere are no arbitrary time limits, no weekend restrictions, and no news trading restrictions. What you see is what you get—know exactly what you're being evaluated on before you begin."
      },
      "dailyDrawdownMath": {
        "q": "How is my daily drawdown calculated?",
        "a": "Your daily starting balance is your account's equity at the daily reset (02:00 Europe/Zurich). That equity becomes your fixed reference point for the next 24 hours.\n\nYour daily drawdown limit is calculated from that fixed starting balance and does not move during the day, even if you make profits. Any profits earned during the trading day increase your buffer for that day, but they do not raise the daily drawdown threshold until the next daily reset.\n\nThe platform continuously monitors live equity (cash plus unrealized profit or loss). If your live equity reaches or falls below the daily drawdown limit at any time, the challenge is breached immediately—even if the market later recovers.\n\nCan I open a trade that risks more than my remaining daily drawdown?\n\nYou can, but doing so creates a significant risk of breaching the challenge.\n\nBefore entering a trade, compare your remaining daily drawdown with the maximum potential loss between your entry price and stop-loss. If the worst-case loss exceeds your remaining drawdown, your account may breach the challenge before or when your stop-loss is executed, particularly if there is slippage.\n\nAs a best practice, always size your positions so the maximum possible loss remains comfortably below your remaining daily drawdown, leaving additional room for trading fees and slippage."
      },
      "whereToFindChallenge": {
        "q": "I purchased a challenge. Where do I find it?",
        "a": "Log in and click <1>Launch Terminal</1>.\n\nOnce the Trading Terminal opens, you'll see your challenge account in the top toolbar. Click it, select your challenge from the drop-down menu, and you're ready to start trading."
      },
      "tradeThroughExchangeOrZonex": {
        "q": "Do I trade my challenge through the exchange or directly through ZoneX?",
        "a": "You trade your challenge directly through the ZoneX Trading Terminal at <1>zonex.trading</1>, not on the exchange's native website or app.\n\n<strong>Market Data & Fees:</strong> The exchange you choose (such as Binance, Bybit, OKX, or Hyperliquid) provides the live market data, order book pricing, trading fees, and funding rates for your evaluation.\n\n<strong>Execution & Control:</strong> All challenge trades are simulated — orders are matched against the exchange's live market data and order-book pricing, but are never sent to the live exchange. You log into the ZoneX platform to place trades, manage positions, set stop-losses, and track your daily and total drawdown limits in real time.\n\nOnce you purchase a challenge, your account setup and trading access are handled directly at <2>zonex.trading</2>."
      },
      "chartsDoNotMatch": {
        "q": "Why am I seeing a message that the charts do not match?",
        "a": "This usually means you are viewing a chart from a different exchange than the exchange you selected when purchasing your challenge.\n\nTo place a trade:\n1. Select the challenge account connected to the exchange you chose when purchasing your challenge.\n2. Open and trade a symbol from that same exchange.\n\nFor example, if you selected Bybit when purchasing your challenge, you must select your Bybit challenge account and use the Bybit version of the trading symbol.\n\n<strong>ZoneX blocks the trade when the chart's exchange and the selected challenge account do not match.</strong>\n\nWe recommend completing the short platform tour, which explains how to select the correct challenge account and exchange symbols."
      },
      "connectOwnExchange": {
        "q": "Do I need to connect my own exchange account for a Challenge?",
        "a": "No. You do not need to connect your personal exchange account or install a webhook, plugin, browser extension, or API key.\n\nYour ZoneX challenge account is already connected to the exchange you selected when purchasing the challenge.\n\nIf you cannot place a trade, check that:\n1. You have selected the correct ZoneX challenge account.\n2. The chart symbol is from the same exchange as your challenge account.\n\nTo trade your own crypto through the free Terminal instead, connect your supported personal exchange account via API.\n\nIf the issue persists after checking these settings, contact dev@zonex.pro."
      },
      "oneStepOnly": {
        "q": "How many evaluation phases does a ZoneX Challenge have?",
        "a": "One. Every ZoneX Challenge uses a single evaluation phase. There is no second evaluation phase and no minimum number of trading days: you may complete the Challenge as soon as you meet the profit objective while remaining within all published risk rules."
      },
      "freeChallengeWithTerminal": {
        "q": "Is the ZoneX Terminal free?",
        "a": "Yes. Connect your own account at a supported exchange via API and use the ZoneX Terminal for free. You do not need to purchase a Challenge. Optional paid premium features are available inside the Terminal."
      },
      "payoutForPassing": {
        "a": "No payment is earned merely by passing. Passing makes you eligible for a separate funded-stage review. If ZoneX approves admission and the funded-stage documents are accepted, Qualifying Performance after activation may create a right to Performance Remuneration under the Funded Trader Rules and Account Schedule. See the <rules>Funded Trader Rules</rules>."
      },
      "payoutIfProfitable": {
        "a": "Passing and later positive simulated results do not by themselves guarantee payment. After separate approval, acceptance and activation, Qualifying Performance may create a right to Performance Remuneration under the funded-stage documents. See the <rules>Funded Trader Rules</rules>."
      },
      "whenCanIWithdraw": {
        "q": "When can I request Performance Remuneration?",
        "a": "There is no participant-owned funded balance to withdraw. After approval, funded-document acceptance and activation, you may request Performance Remuneration when the timing and Qualifying Performance conditions in the Funded Trader Rules and Account Schedule are met. See the <rules>Funded Trader Rules</rules>."
      },
      "howLongUntilPayouts": {
        "a": "There is no payment for passing the Challenge. After separate admission, funded-document acceptance and activation, the first Performance Remuneration request is available only when the applicable timing, Qualifying Performance and verification conditions are met. See the <rules>Funded Trader Rules</rules>."
      },
      "whatCountsFirstTrade": {
        "a": "The first funded-stage trade is the first position opened after the Account Configuration is activated. Any timing effect is governed by the Funded Trader Rules and Account Schedule. See the <rules>Funded Trader Rules</rules>."
      }
    },
    "purchaseChallenge": {
      "tooltips": {
        "accountSize": "The selected simulated account size may supply data for an Account Schedule if ZoneX later approves admission to the Funded Trader Programme.",
        "exchange": "This is the exchange on which your simulated trading is based. The challenge behaves identically to a live account on that exchange.",
        "preViolation": "Optional add-on. Adds 20% to the challenge fee and sends proactive alerts before you place a trade that would breach a rule."
      }
    }
  },
  "cta": {
    "title": "Ready to Start",
    "titleHighlight": "Trading?",
    "description": "Start your challenge today and prove your trading ability.",
    "button": "Start Challenge",
    "terminalSubscriptions": "Terminal Subscriptions"
  },
  "footer": {
    "description": "The next-generation crypto trading evaluation platform. Access our multi-exchange trading terminal.",
    "legal": "Legal",
    "resources": "Resources",
    "company": "Company",
    "copyright": "© {{year}} ZoneX AG. All rights reserved.",
    "allRightsReserved": "All rights reserved.",
    "regulatoryDisclaimer": "ZoneX evaluation programs are conducted in simulated environments using notional funds. ZoneX AG does not accept deposits, hold custody of participant or customer assets, or provide investment services.",
    "links": {
      "terms": "Terms & Conditions",
      "privacy": "Privacy Policy",
      "cookies": "Cookie Policy",
      "refund": "Refund Policy",
      "aml": "AML Policy",
      "risk": "Risk Disclosure",
      "complaints": "Complaints",
      "impressum": "Impressum",
      "trademarks": "Trademarks",
      "wcag": "Accessibility",
      "challengeRules": "Challenge Rules",
      "challengeTerms": "Challenge Terms & Conditions",
      "howItWorks": "How It Works",
      "whatIsProp": "What is a Trading Firm?",
      "blog": "Blog",
      "contact": "Contact",
      "partnerProgram": "Partner Program",
      "cookieSettings": "Cookie Settings",
      "fundedTraderRules": "Funded Trader Rules"
    },
    "wcagBadge": "WCAG 2.2 AA Compliant",
    "tradingRisk": "Trading cryptocurrencies through personal exchange accounts involves significant risk. Past performance does not guarantee future results."
  },
  "blog": {
    "title": "Blog",
    "description": "Insights, guides, and news about crypto trading.",
    "readMore": "Read More",
    "relatedPosts": "Related Posts",
    "allPosts": "All Posts",
    "backToBlog": "Back to Blog",
    "categories": {
      "all": "All",
      "guides": "Guides",
      "analysis": "Analysis",
      "news": "News"
    },
    "updatedOn": "Updated"
  },
  "contact": {
    "title": "Contact",
    "titleHighlight": "Us",
    "description": "Have questions? We're here to help.",
    "form": {
      "name": "Your Name",
      "email": "Your Email",
      "subject": "Subject",
      "message": "Message",
      "submit": "Send Message",
      "success": "Message sent successfully!",
      "error": "Failed to send message. Please try again."
    }
  },
  "contactPage": {
    "title": "Get in",
    "titleHighlight": "Touch",
    "subtitle": "Have questions about ZoneX? We're here to help.",
    "form": {
      "nameLabel": "Name",
      "namePlaceholder": "Your name",
      "emailLabel": "Email",
      "emailPlaceholder": "your@email.com",
      "subjectLabel": "Subject",
      "subjectPlaceholder": "What's this about?",
      "messageLabel": "Message",
      "messagePlaceholder": "Tell us more..",
      "submit": "Send Message",
      "sending": "Sending..",
      "successTitle": "Message Sent Successfully!",
      "successDescription": "Thank you for reaching out. We've received your message and will get back to you as soon as possible.",
      "successToast": "Message sent successfully! We'll get back to you soon.",
      "errorToast": "Failed to send message. Please try again.",
      "rateLimitError": "Too many requests. Please wait a while before trying again."
    },
    "validation": {
      "nameRequired": "Name is required",
      "nameTooLong": "Name must be less than 100 characters",
      "emailInvalid": "Invalid email address",
      "emailTooLong": "Email must be less than 255 characters",
      "subjectRequired": "Subject is required",
      "subjectTooLong": "Subject must be less than 200 characters",
      "messageRequired": "Message is required",
      "messageTooLong": "Message must be less than 2000 characters"
    },
    "info": {
      "title": "Contact Information",
      "generalInquiries": "General Inquiries",
      "technicalSupport": "Technical Support",
      "technicalSupportDesc": "For all platform bugs, terminal issues, website problems, and technical questions",
      "phone": "Phone",
      "location": "Location"
    }
  },
  "blogPage": {
    "meta": {
      "title": "Blog | ZoneX - Crypto Trading Evaluation Insights & Guides",
      "description": "Expert insights, guides, and analysis on crypto trading evaluations. Learn how to choose the best crypto trading platforms and succeed in cryptocurrency trading.",
      "ogTitle": "Blog | ZoneX - Crypto Trading Evaluation Insights",
      "ogDescription": "Expert insights and guides on crypto trading evaluations. Learn how to succeed in cryptocurrency trading."
    },
    "badge": "ZoneX Blog",
    "title": "Crypto Trading Evaluation Insights",
    "subtitle": "Expert guides, industry analysis, and practical information about crypto trading evaluations and Funded Trader Arrangements.",
    "filterAriaLabel": "Filter blog posts by category",
    "allPosts": "All Posts",
    "showingResults": "Showing {{count}} article(s) in {{category}}",
    "noResults": "No articles found in this category.",
    "viewAllPosts": "View all posts"
  },
  "featuredBlog": {
    "badge": "Latest Insights",
    "title": "Crypto Trading Resources",
    "subtitle": "Expert guides and industry analysis to help you succeed in crypto trading.",
    "viewAll": "View All Articles",
    "readTime": "{{minutes}} min read",
    "categories": {
      "education": "Education",
      "reviews": "Reviews",
      "guide": "Guide",
      "comparison": "Comparison",
      "gettingstarted": "Getting Started",
      "features": "Features",
      "strategy": "Strategy",
      "industry": "Industry"
    },
    "posts": {
      "whatIs": {
        "title": "What Is a Crypto Trading Firm? Complete Guide for 2026",
        "excerpt": "Learn everything about crypto trading firms, how they work, and why they're revolutionizing the way traders access cryptocurrency markets."
      },
      "best2025": {
        "title": "Best Crypto Trading Firms in 2026: What to Look For",
        "excerpt": "An in-depth analysis of what makes the best crypto trading firms stand out, including evaluation criteria and platform features."
      },
      "payouts": {
        "title": "Crypto Trading Disbursements: What to Expect and How They Work",
        "excerpt": "Complete guide to understanding crypto trading disbursement structures, timing, and what traders should know about receiving performance incentives."
      }
    }
  },
  "newsletter": {
    "title": "Join Our Community",
    "description": "Stay updated with the latest news and updates from ZoneX.",
    "placeholder": "your@email.com",
    "subscribe": "Subscribe to Newsletter",
    "subscribing": "Subscribing..",
    "validation": {
      "invalidEmail": "Please enter a valid email address",
      "emailTooLong": "Email must be less than 255 characters"
    },
    "toast": {
      "invalidTitle": "Invalid Email",
      "alreadySubscribedTitle": "Already Subscribed",
      "alreadySubscribedDesc": "This email is already subscribed to our newsletter.",
      "successTitle": "Successfully Subscribed!",
      "successDesc": "Thank you for subscribing to our newsletter.",
      "errorTitle": "Subscription Failed",
      "errorDesc": "Something went wrong. Please try again later."
    }
  },
  "relatedPosts": {
    "title": "Related Articles"
  },
  "howItWorks": {
    "title": "Challenge",
    "titleHighlight": "Rule Mechanics",
    "subtitle": "Step-by-step explanations of how drawdown limits and account termination work.",
    "disclaimer": "The examples on this page illustrate how challenge rules are calculated. They do not imply likelihood of passing or represent typical trader outcomes.",
    "drawdown": {
      "title": "How Drawdown Is Calculated",
      "dailyTitle": "Daily Loss Limit Calculation",
      "dailyExample": "Example: $50K \"Your Own Style\" Account (2.5% daily limit)",
      "startingBalance": "Starting balance for today: $50,000 (set at the previous daily reset)",
      "dailyLimit": "Daily loss limit: $50,000 × 2.5% = $1,250",
      "ifLoss": "If trader loses $800 today → Remaining daily allowance: $450",
      "resetTime": "Daily reset at 02:00 Europe/Zurich — new starting balance is snapshotted and the daily limit recalculates",
      "dailyNote": "Daily limits include realized losses, unrealized losses, trading fees, and funding fees. The limit recalculates each day from the new starting balance set at the 02:00 Europe/Zurich reset.",
      "totalTitle": "Maximum Drawdown (Static)",
      "totalExample": "Example: $100K Account with 10% max drawdown ($10,000 fixed drawdown buffer)",
      "initialBalance": "Day 1 start: $100,000 → Floor: $90,000 (starting balance − $10,000 buffer)",
      "accountGrows": "End of Day 1 balance: $105,000 (+5% profit). At the 02:00 Europe/Zurich reset, Day 2 starting balance = $105,000 → new floor: $95,000 ($105,000 − $10,000 buffer)",
      "cannotDrop": "The floor only moves upward at the daily reset. It never decreases — if your next-day balance is lower, the floor stays where it was. The account breaches if equity falls below the current floor at any time.",
      "totalNote": "The drawdown floor is a fixed dollar amount (initial balance minus initial balance x drawdown %). It is set when the Challenge is activated and never recalculates, trails, or ratchets, however much the account grows."
    },
    "limits": {
      "yosTitle": "\"Your Own Style\" Limits",
      "yosDaily": "Daily: 2.5% of balance",
      "yosTotal": "Total: 10% static, from initial balance",
      "fpTitle": "\"Disciplined Trader\" Limits",
      "fpDaily": "Daily: 2% of balance",
      "fpBiweekly": "Total: 10% static, from initial balance",
      "hcTitle": "\"High Conviction\" Limits",
      "hcDaily": "Daily: 5% of balance",
      "hcTotal": "Total: 15% static, from initial balance"
    },
    "losingDay": {
      "title": "What Happens After a Losing Day",
      "example": "Example: Trader loses 1.8% on Monday",
      "dailyLimit": "Daily limit (2.5%): Not breached — account remains active",
      "totalDrawdown": "Total drawdown: Tracked against today's starting balance",
      "atReset": "At 02:00 Europe/Zurich reset: end-of-day balance becomes the new starting balance and the daily limit recalculates from there. The total drawdown floor is unchanged — it stays fixed to your initial balance.",
      "note": "A losing day does not result in termination unless a limit is breached."
    },
    "termination": {
      "title": "When Accounts Are Terminated",
      "triggersTitle": "Termination Triggers",
      "dailyBreached": "Daily limit breached: Loss exceeds daily allowance before reset",
      "totalBreached": "Total drawdown breached: Account falls below the static total drawdown floor (initial balance minus the drawdown limit)",
      "ruleViolation": "Rule violation: Prohibited trading practices or policy breach",
      "consecutiveLossBreached": "4 consecutive losing trades (Disciplined Trader): 5th trade in same day triggers violation",
      "note": "Upon termination, the challenge account is closed and trading access ends immediately."
    },
    "timeLimits": {
      "title": "Evaluation Period",
      "oneStepTitle": "1-Step Verification",
      "oneStepDays": "No fixed time limit",
      "oneStepTarget": "10% profit target (20% for High Conviction), single phase",
      "oneStepMin": "No minimum trading days",
      "note": "There is no fixed time limit for completing the challenge. Inactive accounts may be archived after extended inactivity for system efficiency.",
      "oneStepOnlyTitle": "One-Step Evaluation",
      "oneStepOnlyPhase": "One evaluation phase. There is no second evaluation phase.",
      "oneStepOnlyDays": "No minimum number of trading days.",
      "oneStepOnlyTime": "No maximum time limit to complete the Challenge."
    },
    "cta": {
      "title": "Review the Complete Rules",
      "subtitle": "For the full regulatory framework and all requirements.",
      "readRules": "Read Full Challenge Rules",
      "viewPricing": "View Pricing"
    }
  },
  "challengeRules": {
    "title": "Challenge",
    "titleHighlight": "Rules & Regulations",
    "lastUpdated": "Last Updated: 23 September 2026",
    "regulatoryNotice": {
      "title": "Regulatory Notice",
      "body": "The ZoneX Challenge is a skill-based evaluation conducted exclusively in a simulated environment using notional funds. No monetary prizes, rewards, or disbursements are available during the Challenge. The participation fee is a service fee for access to software and evaluation services. It is non-refundable except where the Refund Policy provides a refund or applicable law requires one. Completion of the Challenge makes you eligible for a separate funded-stage review only. It does not create an automatic right to a Funded Trader Arrangement or performance-based remuneration.",
      "termsLinkText": "See Challenge Terms and Conditions for the full legal framework."
    },
    "clearRules": {
      "title": "Clear Evaluation Rules",
      "body": "Challenge requirements are published and applied on defined grounds. If a determination is disputed, it can be raised through the Complaints Procedure."
    },
    "riskCentred": {
      "title": "Risk-Centred Evaluation Design",
      "intro": "ZoneX evaluates whether the trader reaches the target while keeping committed risk inside the limits recorded for the purchased Challenge.",
      "r1": "Stop-loss required on every position",
      "r2": "Committed risk must stay within the remaining daily-loss allowance",
      "r3": "Committed risk must stay within the remaining maximum-drawdown headroom",
      "r4": "Daily-loss and total-drawdown limits apply as recorded for the purchase"
    },
    "section1": {
      "title": "1. Challenge Overview",
      "p1": "The ZoneX Challenge is a simulated trading evaluation using live market data and notional funds. It tests whether the participant can reach the selected profit target while respecting the rules recorded for the purchase.",
      "p2": "The participation fee gives access to the configured evaluation and related software tools.",
      "p3": "Challenge performance is not withdrawable, and no Performance Remuneration arises during the Challenge.",
      "completionLabel": "Completion requirements:",
      "completionText": "Reach the selected profit target and keep all applicable risk, trading and conduct rules within limits until verified."
    },
    "section2": {
      "title": "2. Account Sizes & Pricing",
      "body": "For available Challenge configurations, account sizes and current fees, use the Challenge Builder.",
      "linkText": "Open the Challenge Builder"
    },
    "section3": {
      "title": "3. Optional Add-on: Pre-Violation Warning",
      "description": "The Pre-Violation Warning is an optional add-on available at checkout that provides proactive UI notifications to help you avoid accidental rule breaches during your Challenge.",
      "howItWorksTitle": "How It Works",
      "how1": "Before executing a trade, the system analyzes whether the trade could potentially cause a rule violation",
      "how2": "If a trade would breach a drawdown limit (daily or total), you receive a warning notification",
      "how3": "You can then choose to proceed, adjust your position size, or cancel the trade entirely",
      "disclaimer": "The Pre-Violation Warning is optional. It does not change the applicable rules or guarantee protection against every breach. The absence of a warning does not confirm that an action is compliant.",
      "pricingLabel": "Pricing",
      "pricingText": "This add-on is available for 20% of your Challenge fee. Select it during checkout when purchasing your Challenge."
    },
    "section4": {
      "title": "4. Challenge Process",
      "intro": "The Challenge uses one simulated evaluation phase and remains active until completed, failed or otherwise ended under these Rules.",
      "step1": "Activate the purchased Challenge configuration.",
      "step2": "Trade the simulated account using live market data.",
      "step3": "Keep every position within drawdown, stop-loss, liquidation-distance and prohibited-practice rules.",
      "step4": "Reach the selected profit target.",
      "step5": "ZoneX verifies completion. Completion makes you eligible for a separate funded-stage review only.",
      "fundedReview": "The funded-stage review includes a Challenge-integrity review, a separate ZoneX admission decision and a second approval. Funded-stage documents apply only after that review, your acceptance of those documents, and activation.",
      "agreementLinkText": "Read the Funded Trader Services Agreement",
      "freeRetryTitle": "Free Retry Eligibility",
      "retry1": "A free retry is available if realized profit reached at least 5% at any point before failure. Realized profit is measured on closed, filled trades only.",
      "retry2": "ZoneX may deny a retry for fraud, manipulation, exploitation, abuse or intentional rule circumvention.",
      "retry3": "The retry creates a new Challenge account with the same purchased configuration. Previous trading history, profit, loss and statistics are cleared.",
      "retry4": "Each Challenge purchase is eligible for one free retry only.",
      "retry5": "The retry is non-transferable and applies only to the original purchased configuration. It has no cash value and cannot be redeemed, refunded or exchanged for money.",
      "retry6": "The free retry is not available for Challenge purchases where any promotional discount, coupon code, or other promotional offer was applied at the time of purchase."
    },
    "section5": {
      "title": "5. Risk & Drawdown Rules",
      "p1": "Risk limits are measured continuously and include realized losses, unrealized losses, trading fees, funding fees and committed open risk. The applicable percentages are the values recorded for the purchased Challenge configuration.",
      "p2": "Committed open risk means the worst case if every stop-loss on the account were hit, including applicable costs. The account must remain inside both the daily-loss allowance and the maximum-drawdown headroom.",
      "limitsTitle": "Limits Recorded for Your Purchase",
      "limitsText": "Your profit target, maximum daily loss and maximum total drawdown are recorded in your purchased Challenge configuration and shown in the Challenge Builder before purchase.",
      "drawdownTitle": "How Maximum Drawdown Works",
      "drawdownDesc": "The maximum drawdown floor is calculated once from the initial account balance and never moves. It does not rise as the account grows and does not change at the daily reset.",
      "drawdownFormula": "Maximum Drawdown Floor = Initial Account Balance × (1 − Selected Maximum Drawdown Percentage)",
      "illustrationLabel": "Illustration only:",
      "illustrationText": "an initial account balance of $100,000 with a selected maximum drawdown of 10% gives a fixed floor of $90,000. If the account grows to $105,000, the floor remains $90,000, including after the daily reset. 10% is used here as an example and is not a universal setting.",
      "dailyNote": "Daily loss is measured from the realized account balance recorded at each 02:00 Europe/Zurich reset. The static maximum-drawdown floor remains separate.",
      "liquidationTitle": "Liquidation Ends the Challenge",
      "liquidationDesc": "The Challenge account is simulated. If the simulated account reaches a liquidation event, the Challenge fails immediately — regardless of whether any drawdown limit was breached and regardless of whether a stop-loss was set. All open orders are cancelled and all simulated positions are closed. An immediate account failure does not prevent the participant from challenging an erroneous determination through the Complaints Procedure.",
      "stopLossTitle": "Stop-Loss Must Clear Liquidation by 10%",
      "stopLossDesc": "A stop-loss is required on every position under every configuration. On leveraged (futures) configurations, the simulated liquidation distance is derived from the margin rates published by the relevant venue for the symbol, leverage and position size traded. Your stop-loss may sit no further from entry than 90% of that distance — the final 10% is reserved. A stop placed on the liquidation line may never fire: liquidation triggers off the mark price, maintenance margin rises as the position grows, and funding and fees consume margin while the trade is open. This requirement applies to leveraged configurations only; an unleveraged Spot configuration has no leveraged liquidation threshold.",
      "termsLinkText": "See Challenge Terms §10a."
    },
    "section6": {
      "title": "6. Funded-Stage Documents",
      "body": "Funded-stage arrangements are governed by the Funded Trader Services Agreement, the applicable Account Schedule and the Funded Trader Rules. These Challenge Rules govern the Challenge stage and apply later only where those funded-stage documents incorporate them. The Funded Trader Rules incorporate Sections 5 and 7 of these Rules, in the version accepted together with the Account Schedule.",
      "agreementLinkText": "Read the Funded Trader Services Agreement",
      "rulesLinkText": "Read the Funded Trader Rules"
    },
    "section7": {
      "title": "7. Trading Rules",
      "allowedTitle": "Allowed",
      "allowed1": "All crypto pairs on supported exchanges",
      "allowed2": "Spot and perpetual futures",
      "allowed3": "Long and short positions",
      "allowed4": "All timeframes and styles",
      "allowed5": "Weekend and news trading",
      "allowed6": "Scalping, swing, position trading",
      "allowed7": "Overnight positions",
      "allowed8": "Hedging, including opposite positions across your own accounts",
      "prohibitedTitle": "Prohibited",
      "prohibitedCat1": "Platform and execution abuse",
      "prohibitedCat1Item1": "Latency arbitrage",
      "prohibitedCat1Item2": "Exploitation of price feed delays",
      "prohibitedCat1Item3": "Tick scalping exploiting platform latency",
      "prohibitedCat1Item4": "Exploiting system or exchange execution delays",
      "prohibitedCat1Item5": "Exploiting pricing, data or software errors",
      "prohibitedCat1Item6": "Manipulation of platform infrastructure",
      "prohibitedCat2": "Account integrity",
      "prohibitedCat2Item1": "Allowing any other person to trade, access or manage your account, or trading an account for someone else",
      "prohibitedCat2Item2": "Buying, selling or transferring an account, or using third-party account-passing services",
      "prohibitedCat2Item3": "Opposite or offsetting positions coordinated with accounts belonging to other people, or any use of multiple accounts to circumvent a rule",
      "prohibitedCat2Item4": "Coordinated trading with other participants that ZoneX has not authorised",
      "prohibitedCat2Item5": "Using automated trading tools or third-party software to carry out any practice listed above, or in a way ZoneX has published as not permitted for your configuration",
      "prohibitedCat2Item6": "Fraud, false identity or misleading information"
    },
    "section8": {
      "title": "8. Rule Violations & Account Termination",
      "consequencesTitle": "Consequences of a Rule Violation",
      "intro": "A rule violation may lead to proportionate action based on the breach:",
      "item1": "Suspension or termination of the affected account",
      "item2": "Challenge reset or disqualification",
      "item3": "Cancellation of pending requests linked to the breach",
      "seriousBreaches": "Serious breaches may result in immediate account termination.",
      "refundNote": "Refund handling is governed by the Refund Policy and mandatory law.",
      "monitoringNote": "ZoneX monitors accounts and makes breach determinations on reasonable, defined grounds.",
      "complaintNote": "An operational determination can be challenged through the Complaints Procedure."
    },
    "section9": {
      "title": "9. General Terms",
      "modificationsTitle": "Modifications",
      "modificationsDesc": "Changes apply to new purchases immediately. Active Challenges follow the rules in force at purchase unless a change is required for law, sanctions, security, fraud prevention or market integrity.",
      "contactTitle": "Contact",
      "contactDesc": "Questions about these rules:",
      "acknowledgmentTitle": "Acknowledgment",
      "acknowledgmentDesc": "By purchasing a ZoneX Challenge, you confirm that you have read, understood and agree to follow these Rules."
    },
    "section10": {
      "title": "10. Language and Prevailing Version",
      "p1": "These Challenge Rules, the Terms of Use, and all related policies are drafted in the English language. Any translations are provided solely for convenience.",
      "p2": "In the event of any inconsistency, discrepancy, or conflict between the English version and any translated version, the English version shall prevail and be legally binding.",
      "p3": "By using the website or purchasing a Challenge, you acknowledge and agree that the English-language version governs your rights and obligations."
    },
    "freeRetry": {
      "title": "Free Retry Eligibility",
      "p1": "A free retry is available if realized profit reached at least 5% at any point before failure, measured on closed, filled trades only.",
      "p3": "The retry creates a new Challenge account with the same purchased configuration. Previous trading history, profit, loss and statistics are cleared.",
      "p3b": "The retry is non-transferable and applies only to the original purchased configuration. It has no cash value and cannot be redeemed, refunded or exchanged for money.",
      "p4": "The free retry is not available for Challenge purchases where any promotional discount, coupon code, or other promotional offer was applied at the time of purchase."
    },
    "revisionHistory": {
      "title": "Revision History",
      "intro": "Dated record of material changes to these Challenge Rules. The version in force at the time of purchase governs that Challenge.",
      "entry1Date": "23 September 2026",
      "entry1Text": "Stated that the fee is non-refundable except under the Refund Policy or applicable law; stated that daily loss is measured from the realized balance recorded at the 02:00 Europe/Zurich reset; permitted hedging across the trader's own accounts, while prohibiting offsetting positions coordinated with other people's accounts or multi-account activity used to circumvent a rule; fixed the incorporated version to the one accepted with the Account Schedule.",
      "entry2Date": "22 September 2026",
      "entry2Text": "Stated expressly the account-integrity practices already reviewed before funded-stage admission (account sharing and transfer, abusive multi-account behaviour, unauthorised coordinated trading, automation used for prohibited practices, pricing-error exploitation, fraud); clarified that hedging is permitted within a single account; stated that completion creates eligibility for a separate funded-stage review only, including a second approval; confirmed that the free retry has no cash value; noted that the Funded Trader Rules incorporate Sections 5 and 7.",
      "entry3Date": "11 September 2026",
      "entry3Text": "Replaced the three preset Challenge tables with the parameters recorded for each purchased Challenge configuration; confirmed a single evaluation phase with no minimum trading days, no time limit and no consistency rule; stated the static maximum drawdown floor with its formula and an illustrative example; restated the performance split as the split recorded for the purchase; clarified that the minimum profitable trading day applies to disbursements only; restated the position-risk and simulated liquidation explanations and confirmed that an immediate account failure does not remove the right to use the Complaints Procedure.",
      "entry4Date": "15 August 2026",
      "entry4Text": "Clarified that daily loss limits are measured on committed risk and assessed continuously between 02:00 resets; restated the free retry as requiring 5% realized profit on closed, filled trades, one retry per purchase, excluding discounted or promotional purchases; aligned profit target, maximum drawdown and performance incentive figures across the site.",
      "entry5Date": "Earlier versions",
      "entry5Text": "No dated revision log was maintained prior to 15 August 2026. Traders may request the rule set applicable to a specific purchase at legal@zonex.pro."
    }
  },
  "blogPosts": {
    "what-is-crypto-prop-trading-firm": {
      "title": "How Crypto Prop Firm Evaluations Actually Work",
      "excerpt": "A plain explanation of crypto prop firm evaluations: what the fee buys, what a simulated account balance is and is not, what passing means, and what has to happen before any money reaches a trader.",
      "readTime": "9 min read",
      "category": "Education",
      "author": "ZoneX Team",
      "date": "January 15, 2026",
      "keywords": "crypto prop firm, crypto prop evaluation, simulated trading account, funded trading account, prop firm challenge",
      "intro": "A <strong>crypto prop firm</strong> sells a paid evaluation. You pay a one-time fee, trade a simulated account against live crypto market data, and if you meet the published objectives without breaking the published risk rules, you become eligible to be considered for a separate arrangement in which you trade under the firm’s terms and receive a share of the results. That last sentence contains several conditions, and the conditions are the part most explanations skip. This guide sets them out.",
      "blocks": [
        {
          "type": "h2",
          "text": "What you are buying"
        },
        {
          "type": "p",
          "text": "You are buying access to an evaluation, not capital and not a job. At ZoneX the Challenge fee is a one-time, non-refundable participation fee, and the evaluation itself runs in a simulated environment using live market data from a supported exchange. No monetary prize, reward or financial gain arises from completing the Challenge itself — profits generated during the evaluation are simulated and are not withdrawable. The governing text is in the <a href=\"loc:/challenge-terms\" class=\"text-primary hover:underline\">Challenge Terms &amp; Conditions</a>."
        },
        {
          "type": "note",
          "title": "The single most misread number",
          "text": "A headline account size — $50,000, $100,000 — is a <strong>simulated, notional balance</strong> used to scale the evaluation’s objectives and limits. It is not cash deposited into your bank account or your exchange account, it is not money you can withdraw, and buying the evaluation is not an unconditional entitlement to receive funding later."
        },
        {
          "type": "h2",
          "text": "The mechanics of an evaluation"
        },
        {
          "type": "p",
          "text": "Every evaluation is built from the same four ingredients, whichever firm is selling it: a profit objective, a daily loss control, a total drawdown floor, and a set of trading requirements. The values differ; the shape does not."
        },
        {
          "type": "ul",
          "items": [
            "<strong>Profit objective</strong> — the gain, measured against the starting simulated balance, that completes the evaluation.",
            "<strong>Daily loss control</strong> — the most you may lose within one trading day before the account fails. The reference balance and the reset time matter enormously, and firms differ.",
            "<strong>Total drawdown floor</strong> — the equity level that ends the account outright. A <em>static</em> floor is fixed from the initial balance; a <em>trailing</em> floor follows your equity upward, so profit raises the level at which you fail.",
            "<strong>Trading requirements</strong> — stop-loss obligations, position and exposure caps, prohibited practices, and in some programs minimum trading days or a completion deadline."
          ]
        },
        {
          "type": "p",
          "text": "How ZoneX resolves each of those is published in the <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a>. In short: one evaluation phase, no minimum trading days, no completion deadline once a Challenge is activated, a total drawdown floor that is static from the initial balance, a daily loss allowance fixed at the 02:00 Europe/Zurich reset that never trails your equity intraday, a stop-loss required on every position, and no consistency rule. The specific percentages are not universal — they are the values you select in the <a href=\"loc:/crypto-challenge\" class=\"text-primary hover:underline\">Challenge Builder</a> and they are recorded against your purchase."
        },
        {
          "type": "h2",
          "text": "Why the business works this way"
        },
        {
          "type": "p",
          "text": "Selling evaluations lets a firm assess a large number of traders cheaply, because a simulated account carries no market risk for the firm during the evaluation. The trader carries a different risk: the fee. That is an honest description of the exchange, and it is the one worth understanding before buying. Anything beyond it — claims about how firms allocate reserves, hedge, or depend on traders failing — is speculation unless the firm publishes it, and ZoneX does not publish figures we cannot substantiate here."
        },
        {
          "type": "h2",
          "text": "What passing does and does not do"
        },
        {
          "type": "p",
          "text": "Passing completes the evaluation. It does not by itself create an account, capital or a payment. At ZoneX, a participant who meets the objectives moves into eligibility, identity and compliance review; only if that review is approved is a separate written agreement entered into for an incentive-eligible account. Passing the Challenge does not guarantee an incentive-eligible account, live capital or payment, and an approved account may use simulated or real execution. The review is not a second trading evaluation phase."
        },
        {
          "type": "check",
          "items": [
            "Complete the evaluation objectives without breaching the recorded limits.",
            "Complete identity, eligibility and compliance checks.",
            "If approved, sign a separate incentive-eligible account agreement that governs the performance split and disbursement conditions.",
            "Only results generated under that agreement can become eligible for a disbursement — never evaluation profits."
          ]
        },
        {
          "type": "h2",
          "text": "Where the money actually comes from"
        },
        {
          "type": "p",
          "text": "Under an approved arrangement, the trader receives a performance incentive — a share of the results generated — rather than a salary or a return on deposited capital. Disbursement conditions are published and include waiting periods, minimum amounts, request frequency and per-request caps. They are summarised in Section 5 of the <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a> and explained in our payouts guide."
        },
        {
          "type": "h2",
          "text": "Questions worth asking before you pay"
        },
        {
          "type": "ul",
          "items": [
            "Is the evaluation simulated, and does the firm say so plainly?",
            "Is the drawdown floor static or trailing, and against which balance is the daily limit measured?",
            "Is there a minimum number of trading days or a completion deadline?",
            "What exactly happens between passing and being paid, and which of those steps can be refused?",
            "Which legal entity is selling this, and can you verify it in a public register?"
          ]
        },
        {
          "type": "p",
          "text": "ZoneX AG is registered in Zug, Switzerland (UID CHE-192.381.383) and the entry is verifiable from the <a href=\"loc:/impressum\" class=\"text-primary hover:underline\">Impressum</a>. Company registration is not financial-services authorization, and we state that on the site rather than implying otherwise."
        },
        {
          "type": "note",
          "title": "Not a Challenge, but worth knowing",
          "text": "Trading a crypto prop evaluation and trading your own money are different activities with different risks. If you want to trade your own exchange account, the <a href=\"/crypto-trading-terminal\" class=\"text-primary hover:underline\">ZoneX Terminal</a> is free to use with your own API connection and requires no Challenge purchase. Exchange trading fees and your own market risk still apply, and some premium features inside the Terminal are paid."
        }
      ],
      "cta": {
        "title": "Configure a Challenge with your own parameters",
        "body": "Account size, maximum total drawdown, maximum daily loss, profit target, leverage and performance split are selected in the Challenge Builder, which shows the exact price of the configuration you assemble before checkout.",
        "label": "Open the Challenge Builder"
      }
    },
    "how-to-choose-crypto-prop-trading-firm": {
      "title": "How to Choose a Crypto Prop Firm: A Checklist You Can Verify",
      "excerpt": "Twelve questions you can answer from a firm’s public rules before paying anything — loss definitions, objectives, deadlines, execution, company identity, approval and payment conditions — with worked examples.",
      "readTime": "12 min read",
      "category": "Guide",
      "author": "ZoneX Team",
      "date": "January 14, 2026",
      "keywords": "how to choose a crypto prop firm, crypto prop firm comparison, prop firm rules, crypto prop evaluation checklist",
      "intro": "Most disappointment with a <strong>crypto prop firm</strong> comes from a rule the trader did not read, not from a rule that was hidden. Marketing pages describe outcomes; rulebooks describe conditions. This checklist is deliberately built from things you can verify yourself in a firm’s published documents before paying — including ours. Where ZoneX is used as the example, the source is linked so you can check the claim rather than take it.",
      "blocks": [
        {
          "type": "h2",
          "text": "1. How is the daily loss limit defined?"
        },
        {
          "type": "p",
          "text": "“3% daily loss” means nothing until you know three things: the reference balance, the reset time, and whether unrealized losses and open risk count. A limit measured from the daily starting balance and fixed at a published reset behaves very differently from one that trails peak equity tick by tick."
        },
        {
          "type": "example",
          "title": "Why the definition changes the outcome",
          "intro": "Simulated balance $50,000, daily allowance 3% ($1,500), trader is up $900 intraday and then gives it back plus $700.",
          "lines": [
            "Fixed from the daily starting balance: loss against the start = $700. Within the allowance.",
            "Trailing from intraday peak equity: loss from the $50,900 peak = $1,600. Breach.",
            "Same trades, same day, opposite result."
          ],
          "note": "Illustrative only. ZoneX fixes the daily allowance at the 02:00 Europe/Zurich reset so it does not trail your equity intraday; the committed-risk calculation is described in Section 4 of the <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a>."
        },
        {
          "type": "h2",
          "text": "2. Is the total drawdown floor static or trailing?"
        },
        {
          "type": "p",
          "text": "A static floor is calculated once from the initial balance and never moves — profits widen the distance to failure. A trailing floor rises with equity, so a profitable account can fail after a smaller pullback than the headline percentage suggests. Ask the firm to state which model applies and where it is written. ZoneX uses a static floor, set from the initial account balance, which does not rise as the account grows and does not change at the daily reset."
        },
        {
          "type": "h2",
          "text": "3. What is the profit objective measured against?"
        },
        {
          "type": "p",
          "text": "Objectives are normally a percentage of the starting simulated balance. Check whether the objective must be realized (closed trades) or may include open profit, and whether it must be reached in one phase or two. At ZoneX every Challenge is a single evaluation phase; the target percentage is one of the values you choose in the <a href=\"loc:/crypto-challenge\" class=\"text-primary hover:underline\">Challenge Builder</a> rather than a fixed house number."
        },
        {
          "type": "h2",
          "text": "4. Are there minimum trading days or a deadline?"
        },
        {
          "type": "p",
          "text": "Minimum-day requirements force trades you would not otherwise take; deadlines force trades at the end of a period. Both change behaviour. ZoneX requires no minimum trading days and sets no completion deadline for an activated Challenge. A separate thirty-day activation window applies to a purchased Challenge under the <a href=\"loc:/challenge-terms\" class=\"text-primary hover:underline\">Challenge Terms &amp; Conditions</a> — that is a deadline to <em>start</em>, not to finish."
        },
        {
          "type": "h2",
          "text": "5. Is execution simulated, and does the firm say so?"
        },
        {
          "type": "p",
          "text": "A firm that is vague about this is telling you something. ZoneX Challenges are simulated evaluations using live market data from a supported exchange; no personal exchange API connection is required for a Challenge, and simulated profits are not withdrawable. Personal-account trading through the <a href=\"/crypto-trading-terminal\" class=\"text-primary hover:underline\">free ZoneX Terminal</a> is a separate activity with your own funds at your own exchange."
        },
        {
          "type": "h2",
          "text": "6. What are the stop-loss and liquidation rules?"
        },
        {
          "type": "p",
          "text": "Some programs recommend a stop-loss; some require one; some fail an account on a simulated liquidation regardless of drawdown. ZoneX requires a stop-loss on every position. On leveraged configurations the stop may sit no further from entry than 90% of the venue-derived liquidation distance, and a liquidation or auto-deleveraging event fails the account immediately, regardless of whether a drawdown limit was breached. An erroneous determination can be challenged through the published Complaints Procedure."
        },
        {
          "type": "h2",
          "text": "7. What does the fee actually include?"
        },
        {
          "type": "p",
          "text": "Check whether platform access, data or add-ons are billed separately, and whether the fee is refundable. ZoneX charges a one-time fee per Challenge, which includes Terminal access for that Challenge; optional add-ons such as the Pre-Violation Warning are priced before purchase (the warning is an optional paid add-on at 20% of the Challenge fee and does not change the rules or guarantee protection against every breach). Fees are non-refundable participation fees; the <a href=\"loc:/refund-policy\" class=\"text-primary hover:underline\">Refund Policy</a> governs the exceptions."
        },
        {
          "type": "h2",
          "text": "8. Are configurations fixed or chosen?"
        },
        {
          "type": "p",
          "text": "Older programs sell a small menu of fixed packages. A configurable program lets you select account size, maximum total drawdown, maximum daily loss, profit target, leverage and performance split, and prices the combination. Because the price follows the configuration, no single figure can honestly describe “the price” of a Challenge — check the price of <em>your</em> configuration in the Builder before buying."
        },
        {
          "type": "h2",
          "text": "9. What happens between passing and being paid?"
        },
        {
          "type": "p",
          "text": "This is where the real conditions live. Ask: what review follows passing, who can refuse it, what agreement governs the result, when does the first disbursement become possible, how often can you request one, and is there a cap per request or per period? ZoneX publishes all of these in Section 5 of the <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a>, and our payouts guide walks through them in order."
        },
        {
          "type": "h2",
          "text": "10. Who is the legal entity?"
        },
        {
          "type": "p",
          "text": "A verifiable company, a registered address and a public register entry are the cheapest checks available and the most frequently skipped. ZoneX AG is registered in Zug, Switzerland, UID CHE-192.381.383, verifiable from the <a href=\"loc:/impressum\" class=\"text-primary hover:underline\">Impressum</a>. Company registration is not financial-services authorization — treat any firm implying otherwise with caution."
        },
        {
          "type": "h2",
          "text": "11. Are the rules published, versioned and reachable?"
        },
        {
          "type": "p",
          "text": "Rules that exist only inside a dashboard after purchase cannot be compared before purchase. Look for a public rules page, dated terms, a complaints route and a refund position. If a support agent has to tell you the rule, it is not a published rule."
        },
        {
          "type": "h2",
          "text": "12. What are the second-chance and abuse provisions?"
        },
        {
          "type": "p",
          "text": "Retry provisions are common and conditional. At ZoneX a free retry is available where realized profit reached at least 5% at some point before the Challenge failed; unrealized high-water marks do not count, one retry applies per purchase, the retry uses the same configuration and account size, purchases made with a discount, coupon or promotion are excluded, and reckless or non-systematic trading can disqualify it."
        },
        {
          "type": "h2",
          "text": "Red flags worth walking away from"
        },
        {
          "type": "warn",
          "items": [
            "Guaranteed funding, guaranteed payouts or promised income.",
            "No public rulebook, or rules that change without a version or date.",
            "No identifiable legal entity or registered address.",
            "Rules described only in marketing language — “fair”, “trader-first” — with no definitions.",
            "Claims of regulation that the firm cannot evidence with a licence number and regulator."
          ]
        },
        {
          "type": "note",
          "title": "Use the checklist on us",
          "text": "Every ZoneX answer above is linked to a published page: the <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a>, the <a href=\"loc:/challenge-terms\" class=\"text-primary hover:underline\">Challenge Terms &amp; Conditions</a>, the <a href=\"loc:/refund-policy\" class=\"text-primary hover:underline\">Refund Policy</a> and the <a href=\"loc:/impressum\" class=\"text-primary hover:underline\">Impressum</a>. If an answer on this page and an answer in those documents ever disagree, the published documents govern."
        }
      ],
      "cta": {
        "title": "Configure a Challenge with your own parameters",
        "body": "Account size, maximum total drawdown, maximum daily loss, profit target, leverage and performance split are selected in the Challenge Builder, which shows the exact price of the configuration you assemble before checkout.",
        "label": "Open the Challenge Builder"
      }
    },
    "crypto-prop-firm-vs-traditional-prop-firm": {
      "title": "Crypto Prop Firms vs Traditional Prop Trading: Two Different Comparisons",
      "excerpt": "Retail evaluation programs and institutional proprietary trading desks are not the same business. This article separates the crypto-versus-forex comparison from the evaluation-versus-employer comparison.",
      "readTime": "9 min read",
      "category": "Comparison",
      "author": "ZoneX Team",
      "date": "January 13, 2026",
      "keywords": "crypto prop firm vs traditional prop firm, proprietary trading, evaluation program, prop trading desk",
      "intro": "People asking “crypto prop firm versus traditional prop firm” are usually asking one of two quite different questions, and conflating them produces answers that are wrong in both directions. The first question compares <strong>markets</strong>: a crypto evaluation program against a forex or futures evaluation program. The second compares <strong>business models</strong>: a retail evaluation program against an institutional proprietary trading desk that employs traders. This article answers them separately.",
      "blocks": [
        {
          "type": "h2",
          "text": "Comparison one: evaluation programs in crypto vs forex and futures"
        },
        {
          "type": "p",
          "text": "Here the business model is the same — a paid evaluation, published objectives, risk limits, a share of results after approval — and only the traded market differs. The differences that actually matter are market-structural."
        },
        {
          "type": "ul",
          "items": [
            "<strong>Sessions.</strong> Crypto trades continuously. There is no closing bell that ends a daily loss window for you, so the firm’s published daily reset time defines your day. At ZoneX that reset is 02:00 Europe/Zurich.",
            "<strong>Weekend risk.</strong> Forex and futures gap over a weekend close; crypto simply keeps moving, so a position left open over a weekend is exposed continuously rather than at a reopen.",
            "<strong>Volatility and liquidity.</strong> Crypto pairs vary widely in depth. Position sizing that is routine on a major pair can be reckless on a thin one.",
            "<strong>Venue mechanics.</strong> Perpetual futures carry funding payments and venue-specific margin and liquidation rules that have no direct forex equivalent.",
            "<strong>Instrument set.</strong> Spot and perpetual futures behave differently in an evaluation; leverage availability and liquidation exposure are not the same."
          ]
        },
        {
          "type": "p",
          "text": "What does <em>not</em> reliably differ is profitability, difficulty or payout generosity. Claims that one market pays more or is easier to pass are marketing, not measurement, and we do not make them."
        },
        {
          "type": "h2",
          "text": "Comparison two: evaluation programs vs institutional proprietary desks"
        },
        {
          "type": "p",
          "text": "This is the comparison most often mangled. An institutional proprietary trading firm trades its own capital and hires traders. A retail evaluation program sells an assessment and, after approval, enters into a commercial arrangement under which a trader operates under the firm’s terms. They are different businesses with different economics and different obligations."
        },
        {
          "type": "h3",
          "text": "Institutional proprietary desk"
        },
        {
          "type": "ul",
          "items": [
            "You are recruited and, in most cases, employed. There is no fee to be assessed.",
            "Selection is through interviews, technical testing and track record, and the entry bar is high.",
            "Compensation usually combines a salary with a discretionary or formulaic bonus.",
            "Capital is the firm’s balance sheet capital, and risk is managed by an internal risk function.",
            "Access is limited by geography, qualification and headcount."
          ]
        },
        {
          "type": "h3",
          "text": "Retail evaluation program"
        },
        {
          "type": "ul",
          "items": [
            "You pay a fee to be assessed. Anyone eligible may buy the assessment.",
            "Selection is mechanical: meet the published objectives without breaching the published limits.",
            "There is no salary. Compensation is a performance incentive under a separate agreement, if one is approved.",
            "The evaluation is simulated; at ZoneX, an approved post-Challenge account may use simulated or real execution.",
            "Access is broad, subject to eligibility and geographic restrictions in the <a href=\"loc:/terms\" class=\"text-primary hover:underline\">Terms &amp; Conditions</a>."
          ]
        },
        {
          "type": "note",
          "title": "The honest summary",
          "text": "An evaluation program is not a cheaper route into an institutional desk, and an institutional desk is not a better-funded version of an evaluation program. They answer different questions: “can I be assessed at low cost and scale a result” versus “can I be hired to trade a firm’s book”."
        },
        {
          "type": "h2",
          "text": "Where ZoneX sits, factually"
        },
        {
          "type": "p",
          "text": "ZoneX sells a configurable crypto evaluation. It is a single simulated evaluation phase with no minimum trading days and no completion deadline once activated, a static total drawdown floor set from the initial balance, a daily loss allowance fixed at the 02:00 Europe/Zurich reset, a stop-loss required on every position and no consistency rule. Passing leads to eligibility, verification and compliance review, and only to a separate agreement if approved. The detail is in the <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a> and the <a href=\"loc:/challenge-terms\" class=\"text-primary hover:underline\">Challenge Terms &amp; Conditions</a>."
        },
        {
          "type": "h2",
          "text": "Choosing between them"
        },
        {
          "type": "p",
          "text": "If you want employment, a salary and institutional infrastructure, pursue a proprietary desk and expect a recruitment process. If you want a low-cost, fast, rule-based assessment of a strategy you already trade, an evaluation program is the relevant product — provided you treat the fee as money genuinely at risk and read the rules first."
        }
      ],
      "cta": {
        "title": "Configure a Challenge with your own parameters",
        "body": "Account size, maximum total drawdown, maximum daily loss, profit target, leverage and performance split are selected in the Challenge Builder, which shows the exact price of the configuration you assemble before checkout.",
        "label": "Open the Challenge Builder"
      }
    },
    "getting-started-crypto-prop-firm": {
      "title": "Preparing for Your First Crypto Prop Challenge",
      "excerpt": "A practical preparation guide: deciding whether an evaluation suits you, choosing a configuration you can actually trade, understanding the fee at risk, and knowing the rules before the first position.",
      "readTime": "10 min read",
      "category": "Getting Started",
      "author": "ZoneX Team",
      "date": "January 12, 2026",
      "keywords": "first crypto prop challenge, getting started crypto prop firm, prop firm evaluation preparation, crypto funded account",
      "intro": "A first <strong>crypto prop evaluation</strong> goes wrong in predictable ways: an account size chosen for ambition rather than strategy, a drawdown setting that leaves no room for a normal losing sequence, and rules read after the first breach. This guide is about the preparation that happens before the purchase, and it assumes you may reasonably decide not to buy one.",
      "blocks": [
        {
          "type": "h2",
          "text": "First: is this the right product for you?"
        },
        {
          "type": "p",
          "text": "An evaluation suits a trader who already has a method they can describe, execute repeatedly and size deliberately. It suits scaling an approach that already works at small size. It does not teach you to trade, it will not fix an untested strategy, and it will not substitute for screen time."
        },
        {
          "type": "check",
          "items": [
            "You can state your entry, exit, stop placement and position-size rule without improvising.",
            "You have traded the method for long enough to have seen it lose several times in a row.",
            "You can afford the fee to be lost entirely. It is a non-refundable participation fee.",
            "You are comfortable trading to someone else’s risk limits, not only your own."
          ]
        },
        {
          "type": "note",
          "title": "The honest downside",
          "text": "The fee is at risk from the moment you start trading. Nothing in a preparation guide — including this one — improves your probability of passing in a way anyone can quantify, and no firm can promise that you will pass or be funded."
        },
        {
          "type": "h2",
          "text": "Understand the rules before the configuration"
        },
        {
          "type": "p",
          "text": "Read the <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a> first and the price second. For ZoneX the framework is: one evaluation phase; no minimum trading days; no completion deadline once the Challenge is activated (a thirty-day window to activate a purchased Challenge applies under the <a href=\"loc:/challenge-terms\" class=\"text-primary hover:underline\">Challenge Terms &amp; Conditions</a>); a static total drawdown floor calculated from the initial balance; a daily loss allowance fixed at the 02:00 Europe/Zurich reset and measured on committed risk, including open worst-case exposure and applicable trading and funding costs; a stop-loss required on every position, sitting within 90% of the venue-derived liquidation distance on leveraged configurations; and immediate failure on a simulated liquidation or auto-deleveraging event."
        },
        {
          "type": "h2",
          "text": "Choosing a configuration you can actually trade"
        },
        {
          "type": "p",
          "text": "In the <a href=\"loc:/crypto-challenge\" class=\"text-primary hover:underline\">Challenge Builder</a> you select account size, maximum total drawdown, maximum daily loss, profit target, leverage and performance split, and the price follows your selection. Work from your strategy backwards rather than from the largest account forwards."
        },
        {
          "type": "ul",
          "items": [
            "<strong>Account size.</strong> Choose the size at which your normal position sizing produces a sensible risk per trade — not the largest number you can afford.",
            "<strong>Daily loss allowance.</strong> It must comfortably contain your worst realistic day, including two or three losing trades and their costs.",
            "<strong>Total drawdown.</strong> It must contain a normal losing sequence for your method, not your best-case sequence.",
            "<strong>Profit target.</strong> A higher target is not free; it interacts with your drawdown room and your holding period.",
            "<strong>Leverage.</strong> Higher leverage shortens the distance to a simulated liquidation, which fails the account outright.",
            "<strong>Performance split.</strong> This applies to an approved post-Challenge arrangement, not to evaluation profits."
          ]
        },
        {
          "type": "example",
          "title": "Working a configuration backwards",
          "intro": "Illustrative only — the figures below are an example of the reasoning, not a recommended setting.",
          "lines": [
            "Your method risks about 0.75% per trade and occasionally takes three losses in a day.",
            "Worst realistic day ≈ 2.25% plus costs — so a 3% daily allowance leaves almost no margin, and a larger allowance is worth considering.",
            "Your method has historically strung together six to ten losses in a poor stretch ≈ 5–6% — so a total drawdown floor set 6% below the initial balance would be uncomfortably tight.",
            "Only after those two numbers work should you look at target, leverage and price."
          ],
          "note": "Check your own historical sequences rather than these numbers. Assumption: risk per trade is measured to the stop, and costs are additional."
        },
        {
          "type": "h2",
          "text": "Practise the mechanics, not just the strategy"
        },
        {
          "type": "p",
          "text": "Most first-Challenge accidents are operational: a stop placed too far out on a leveraged configuration, a position sized before checking remaining daily allowance, an order entered on the wrong instrument. You can rehearse all of that at no cost. The <a href=\"/crypto-trading-terminal\" class=\"text-primary hover:underline\">free ZoneX Terminal</a> is free to use with your own exchange account connected by API, so the order-entry workflow, the charts and the journal are the same environment you will use in an evaluation — while the money and the risk are your own. No Challenge purchase is required to use it, and exchange trading fees and market risk still apply."
        },
        {
          "type": "h2",
          "text": "The first week"
        },
        {
          "type": "ul",
          "items": [
            "Trade smaller than your allowance permits while you confirm the environment behaves as you expect.",
            "Check remaining daily allowance before sizing, not after entering.",
            "Stop for the day well before the allowance is exhausted — the limit is a failure threshold, not a target.",
            "Log every trade. You will need the record more than you expect.",
            "Remember there is no deadline: waiting for your setup costs nothing."
          ]
        },
        {
          "type": "h2",
          "text": "If it goes wrong"
        },
        {
          "type": "p",
          "text": "A failed Challenge ends with the fee spent. A free retry is available where realized profit reached at least 5% at some point before failure — one retry per purchase, same configuration and account size, excluded for purchases made with a discount, coupon or promotion, and subject to the published abuse provisions. If you disagree with a determination, the Complaints Procedure is published rather than discretionary."
        }
      ],
      "cta": {
        "title": "Configure a Challenge with your own parameters",
        "body": "Account size, maximum total drawdown, maximum daily loss, profit target, leverage and performance split are selected in the Challenge Builder, which shows the exact price of the configuration you assemble before checkout.",
        "label": "Open the Challenge Builder"
      }
    },
    "best-crypto-prop-firms-2025": {
      "title": "Crypto Prop Firm Checklist 2026: What to Compare",
      "excerpt": "An in-depth analysis of what makes the best crypto trading firms stand out, including evaluation criteria, payout structures, and platform features.",
      "readTime": "12 min read",
      "category": "Reviews",
      "author": "ZoneX Team",
      "date": "January 11, 2026",
      "content": {
        "intro": "Finding the <strong>best crypto trading firms</strong> in 2026 requires looking beyond flashy marketing to evaluate the factors that truly impact your trading success. This comprehensive guide examines the essential criteria that separate top-tier trading firms from the rest.",
        "criteria": {
          "title": "The Criteria for Best Crypto Trading Firms",
          "p1": "When evaluating the best crypto trading firms, experienced traders focus on several key areas that directly impact profitability and trading experience. Let's examine each criterion in detail."
        },
        "exchangeAccess": {
          "title": "1. Exchange Access and Flexibility",
          "p1": "The best crypto trading firms in 2026 offer exchange-agnostic trading. Rather than locking you into a single platform, they allow you to trade on the exchanges you prefer—whether that's Binance, Bybit, OKX, Phemex, Gate.io, Hyperliquid, CoinW, KuCoin, Bitget, or Aster.",
          "p2": "This flexibility matters because each exchange has different liquidity profiles, fee structures, and available trading pairs. Being able to choose your platform means you can optimize for your specific strategy.",
          "boxTitle": "What to Look For:",
          "item1": "Access to ten supported cryptocurrency exchanges",
          "item2": "Support for both spot and futures/perpetual trading",
          "item3": "Flexibility to switch exchanges between evaluations"
        },
        "transparentRules": {
          "title": "2. Transparent and Fair Rules",
          "intro": "The best crypto trading firms publish all their rules clearly and don't introduce hidden terms after you've paid. Look for firms that specify:",
          "item1": "Exact profit targets and how they're calculated",
          "item2": "Daily and total drawdown limits with clear definitions",
          "item3": "Any prohibited trading practices or strategies",
          "item4": "Whether any completion deadline, activation window or minimum trading day requirement applies"
        },
        "profitSplits": {
          "title": "3. Competitive Profit Splits",
          "p1": "The best crypto trading firms offer profit splits of 80% or higher in favor of the trader. Some provide scaling programs where your split increases as you demonstrate consistent performance—potentially reaching 95% or more.",
          "p2": "However, don't choose a firm based solely on the highest advertised split. A firm offering 95% but with hidden fees or impossible rules provides less value than a firm with 80% and fair, achievable terms."
        },
        "infrastructure": {
          "title": "4. Professional Trading Infrastructure",
          "intro": "Top crypto trading firms provide more than just capital. They offer professional-grade trading tools including:",
          "advancedCharting": "<strong>Advanced charting:</strong> Professional-level technical analysis tools",
          "orderManagement": "<strong>Order management:</strong> Sophisticated order types and execution options",
          "riskTools": "<strong>Risk tools:</strong> Built-in position sizing and drawdown monitoring",
          "analytics": "<strong>Performance analytics:</strong> Detailed trade statistics and reporting"
        },
        "payouts": {
          "title": "5. Reliable Payouts",
          "intro": "The best crypto trading firms have established track records of paying traders promptly. Key factors include:",
          "item1": "Reasonable minimum withdrawal amounts",
          "item2": "Multiple payout options (crypto, bank transfer, etc.)",
          "item3": "Fast processing times (ideally within 24-48 hours)",
          "item4": "No hidden fees on withdrawals"
        },
        "legitimacy": {
          "title": "6. Company Legitimacy and Transparency",
          "intro": "The best crypto trading firms are transparent about their operations. They provide clear information about:",
          "item1": "Company registration and jurisdiction",
          "item2": "Physical address and contact information",
          "item3": "Leadership team and company history",
          "item4": "Clear terms of service and legal documentation"
        },
        "makingChoice": {
          "title": "Making Your Choice",
          "p1": "The best crypto trading firms combine fair rules, competitive terms, professional tools, and reliable disbursements. Take time to research, read terms carefully, and start with smaller account sizes to test a firm's claims before committing larger capital."
        },
        "cta": {
          "title": "See How ZoneX Compares",
          "description": "ZoneX offers exchange-agnostic trading, professional terminals included, transparent rules, and a performance split you select at purchase. Swiss-based with clear company registration.",
          "button": "Compare ZoneX to Competitors"
        }
      }
    },
    "top-features-best-crypto-prop-firms": {
      "title": "Top Features of the Best Crypto Trading Firms: A Complete Breakdown",
      "excerpt": "Explore the essential features that distinguish the best crypto trading firms from other firms, from exchange access to professional trading tools.",
      "readTime": "11 min read",
      "category": "Features",
      "author": "ZoneX Team",
      "date": "January 10, 2026",
      "content": {
        "intro": "The <strong>best crypto trading firms</strong> distinguish themselves through specific features that directly impact trader success. Understanding these features helps you make informed decisions and find a trading firm that aligns with your trading goals.",
        "exchangeAgnostic": {
          "title": "Exchange-Agnostic Trading",
          "p1": "The best crypto trading firms don't force you onto a single exchange. Instead, they offer access to multiple major platforms, letting you trade where you're most comfortable and where conditions suit your strategy.",
          "item1": "Trade on Binance, Bybit, OKX, Hyperliquid, Phemex, Gate.io, CoinW, KuCoin, Bitget, Aster, and more",
          "item2": "Access different liquidity pools and trading pairs",
          "item3": "Choose based on fees, leverage, and available instruments",
          "item4": "Switch exchanges between challenges if needed"
        },
        "terminals": {
          "title": "Professional Trading Terminals",
          "p1": "Rather than leaving traders to figure out their own tools, the best crypto trading firms include professional-grade trading terminals. These platforms offer capabilities beyond basic exchange interfaces.",
          "item1": "Advanced charting with multiple timeframes and indicators",
          "item2": "One-click trading and hotkey support",
          "item3": "Portfolio tracking across multiple positions",
          "item4": "Built-in risk management calculators",
          "item5": "Real-time P&L and drawdown monitoring"
        },
        "transparentRules": {
          "title": "Transparent Risk Rules",
          "p1": "Clarity in rules separates the best crypto trading firms from questionable operators. Every rule should be documented upfront with no surprises after you've started trading.",
          "item1": "Clear daily loss limits with defined calculation methods",
          "item2": "Transparent drawdown rules — daily reset cadence and how the floor recalculates",
          "item3": "Documented position sizing requirements",
          "item4": "Explicit list of prohibited strategies",
          "item5": "No hidden rules that appear mid-challenge"
        },
        "scaling": {
          "title": "Scaling Opportunities",
          "p1": "The best crypto trading firms recognize consistent performance. Scaling programs allow successful traders to manage larger accounts over time without additional evaluation fees.",
          "item1": "Account size increases for consistent performers",
          "item2": "Improved performance incentives as you prove yourself",
          "item3": "Clear milestones and requirements for scaling",
          "item4": "Potential to manage significant capital over time"
        },
        "payouts": {
          "title": "Reliable Disbursement Systems",
          "p1": "Your trading results mean nothing if you can't access them. The best crypto trading firms have established disbursement processes with proven track records.",
          "item1": "Fast disbursement processing (24-48 hours typical)",
          "item2": "Low minimum withdrawal thresholds",
          "item3": "Multiple disbursement options (crypto, bank, etc.)",
          "item4": "No hidden deductions or processing fees",
          "item5": "Clear disbursement schedules and eligibility rules"
        },
        "support": {
          "title": "Responsive Support",
          "p1": "When issues arise—and in trading, they sometimes do—you need quick access to knowledgeable support. The best crypto trading firms prioritize trader communication.",
          "item1": "Multiple contact channels (email, chat, Discord)",
          "item2": "Fast response times during market hours",
          "item3": "Support staff who understand trading",
          "item4": "Clear escalation paths for urgent issues"
        },
        "evaluating": {
          "title": "Evaluating Feature Claims",
          "intro": "When researching the best crypto trading firms, verify feature claims through:",
          "reviews": "<strong>Independent reviews:</strong> Look for detailed experiences from actual traders",
          "trials": "<strong>Trial periods:</strong> Test the platform and tools before committing to larger accounts",
          "community": "<strong>Community feedback:</strong> Check trading forums and social media for consistent themes",
          "documentation": "<strong>Documentation review:</strong> Read all terms and rules before purchasing"
        },
        "cta": {
          "title": "Experience These Features with ZoneX",
          "description": "ZoneX delivers all the features that define the best crypto trading firms: ten supported exchanges, included professional terminal, transparent rules, and a performance split you select at purchase.",
          "button": "Explore ZoneX Features"
        }
      }
    },
    "benefits-joining-crypto-prop-trading-firm": {
      "title": "Benefits of Joining a Crypto Trading Firm as a New Trader",
      "excerpt": "Discover the key advantages of joining a crypto trading firm as a beginner or intermediate trader, from capital access to professional development.",
      "readTime": "9 min read",
      "category": "Education",
      "author": "ZoneX Team",
      "date": "January 9, 2026",
      "content": {
        "intro": "For traders looking to accelerate their careers, joining a <strong>crypto trading firm</strong> offers unique advantages that self-funded trading simply cannot match. Whether you're transitioning from demo trading or seeking to scale beyond personal capital limitations, understanding these benefits can help you make an informed decision.",
        "capitalAccess": {
          "title": "Access to Significant Capital",
          "p1": "The most obvious benefit of a crypto trading firm is access to capital that would otherwise take years to accumulate. Instead of trading with a few hundred or thousand dollars, you can manage accounts ranging from $5,000 to $400,000 or more.",
          "p2": "This capital advantage means your profitable strategies can generate meaningful returns. A 5% monthly return on a $50,000 incentive-eligible account is $2,500—far more impactful than the same percentage on a small personal account."
        },
        "limitedRisk": {
          "title": "Limited Personal Financial Risk",
          "p1": "When trading your own capital, losses directly impact your financial security. A bad month or unexpected market event can wipe out months of savings. With a crypto trading firm, your maximum financial exposure is the evaluation fee.",
          "p2": "This risk structure allows traders to approach the market with less emotional pressure. You can focus on executing your strategy correctly rather than worrying about whether a losing trade will affect your rent payment."
        },
        "professionalEnv": {
          "title": "Professional Trading Environment",
          "p1": "Many crypto trading firms provide professional-grade tools and infrastructure that individual traders might not afford independently. This includes advanced charting platforms, professional terminals, and sophisticated order execution systems.",
          "p2": "Trading with professional tools from the start builds good habits and familiarity with the systems used by successful traders worldwide."
        },
        "discipline": {
          "title": "Structured Discipline and Accountability",
          "p1": "The evaluation process and trading rules at a crypto trading firm enforce discipline that many self-taught traders struggle to maintain. Daily loss limits, drawdown restrictions, and profit targets create a framework for professional trading behavior.",
          "p2": "These external guardrails help traders avoid the common pitfalls of overtrading, revenge trading, and poor risk management that derail many promising trading careers."
        },
        "additionalBenefits": {
          "title": "Additional Benefits to Consider",
          "scalability": "<strong>Scalability:</strong> Successful traders often have opportunities to manage progressively larger accounts",
          "trackRecord": "<strong>Track record building:</strong> Verified performance history that can open future opportunities",
          "community": "<strong>Community:</strong> Access to networks of like-minded traders for idea sharing",
          "focus": "<strong>Focus on trading:</strong> Let the firm handle infrastructure while you focus on strategy"
        },
        "rightForYou": {
          "title": "Is It Right for You?",
          "p1": "A crypto trading firm benefits traders who have developed a consistent strategy and are ready to trade with discipline. If you're still learning the basics or frequently break your own trading rules, consider more practice before applying. However, if you have a profitable approach and simply lack capital, trading could be the catalyst that transforms your trading from a hobby into a career."
        },
        "cta": {
          "title": "Start Your Trading Journey with ZoneX",
          "description": "ZoneX provides the capital, tools, and infrastructure you need to trade professionally. Choose from multiple account sizes and start with a professional terminal included.",
          "button": "Explore Challenge Options"
        }
      }
    },
    "crypto-prop-trading-firm-evaluation-tips": {
      "title": "Crypto Prop Evaluation: A Practical Preparation Checklist",
      "excerpt": "A working checklist for trading an evaluation: reading your recorded parameters, sizing against the remaining allowance, managing overlapping exposure and avoiding the operational mistakes that end accounts.",
      "readTime": "9 min read",
      "category": "Strategy",
      "author": "ZoneX Team",
      "date": "January 8, 2026",
      "keywords": "crypto prop evaluation tips, passing a prop firm challenge, prop firm risk rules, evaluation checklist",
      "intro": "No checklist makes an evaluation likely to pass, and anyone publishing pass-rate statistics for “most traders” is generally inventing them. What a checklist can do is remove the avoidable failures — the ones caused by not knowing your own recorded limits, by sizing without checking remaining allowance, or by placing a stop that cannot fire. This is that checklist.",
      "blocks": [
        {
          "type": "h2",
          "text": "Before you place the first order"
        },
        {
          "type": "check",
          "items": [
            "Write down the four numbers recorded for your purchase: profit target, maximum daily loss, maximum total drawdown and leverage. They are shown in the Builder before purchase and in your account after activation; this page does not prescribe universal values.",
            "Convert the total drawdown percentage into an absolute equity floor and keep it visible. It is static — set from the initial balance and it does not move.",
            "Note the reset time. Your trading day begins and ends at 02:00 Europe/Zurich, and the daily allowance is fixed at that reset.",
            "Confirm your stop-loss workflow. A stop is required on every position, and on leveraged configurations it may sit no further than 90% of the venue-derived liquidation distance.",
            "Read the prohibited practices section of the <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a> — breaching it is a rule violation regardless of your P&amp;L."
          ]
        },
        {
          "type": "h2",
          "text": "Sizing against what is left, not what you started with"
        },
        {
          "type": "p",
          "text": "The allowance that matters when you size a trade is the one remaining right now. At ZoneX the daily figure is measured on committed risk: losses already realized today, plus the worst case still open on your book if every stop-loss were hit, plus applicable trading and funding costs. The allowance itself does not trail your equity — but what you have committed against it changes with every open position."
        },
        {
          "type": "example",
          "title": "Remaining allowance, worked",
          "intro": "Illustrative only. Simulated balance $50,000; recorded daily loss allowance 3% = $1,500, fixed at the 02:00 reset. Assumed round-trip taker cost 0.10% of notional.",
          "lines": [
            "Realized so far today: −$450.",
            "Open position A: worst case to stop $375, plus ~$19 costs ≈ $394.",
            "Open position B: worst case to stop $375, plus ~$19 costs ≈ $394.",
            "Committed: $450 + $394 + $394 = $1,238.",
            "Remaining before the allowance is reached: $1,500 − $1,238 = $262.",
            "A third trade risking $375 cannot be opened without exceeding the allowance."
          ],
          "note": "Figures are an illustration of the arithmetic, not a recommended risk level. Your own percentages are the ones recorded for your purchase."
        },
        {
          "type": "h2",
          "text": "Overlapping exposure is one position"
        },
        {
          "type": "p",
          "text": "Three long positions in highly correlated majors are, for risk purposes, close to one larger long. Sum the worst case across everything open before adding anything, and treat correlated entries as a single commitment against the allowance."
        },
        {
          "type": "h2",
          "text": "Where the total drawdown floor bites"
        },
        {
          "type": "p",
          "text": "A static floor is generous when you are in profit and unforgiving early. On day one the entire distance between your initial balance and the floor is all the room you have; a poor first week can remove most of it before the method has had a chance to work. Size the opening phase accordingly."
        },
        {
          "type": "h2",
          "text": "Operational mistakes that end accounts"
        },
        {
          "type": "warn",
          "items": [
            "<strong>Stop placed beyond the permitted distance</strong> on a leveraged configuration — it may never fire before a simulated liquidation, which fails the account immediately.",
            "<strong>Averaging into a loser</strong> — it increases committed risk against an allowance you have already partly spent.",
            "<strong>Trading through the reset</strong> without recognising that a new allowance does not undo an open worst case.",
            "<strong>Ignoring funding costs</strong> on perpetual positions held for long periods — they count toward the limits.",
            "<strong>Revenge sizing</strong> after a loss, which converts a bad trade into a failed account."
          ]
        },
        {
          "type": "h2",
          "text": "Use the absence of a deadline"
        },
        {
          "type": "p",
          "text": "There is no minimum number of trading days and no completion deadline for an activated ZoneX Challenge. Waiting for your setup is free; forcing a trade is not. This is one of the few structural advantages a trader can actually use."
        },
        {
          "type": "h2",
          "text": "What this checklist cannot do"
        },
        {
          "type": "p",
          "text": "It cannot make you profitable, and following it does not guarantee that you will pass or that an account will be approved afterwards. For the underlying model see our guide to <a href=\"loc:/blog/what-is-crypto-prop-trading-firm\" class=\"text-primary hover:underline\">how crypto prop evaluations work</a>, and for the arithmetic of position and drawdown risk see the <a href=\"loc:/blog/risk-management-crypto-prop-firm\" class=\"text-primary hover:underline\">risk management guide</a> rather than repeating it here."
        }
      ],
      "cta": {
        "title": "Configure a Challenge with your own parameters",
        "body": "Account size, maximum total drawdown, maximum daily loss, profit target, leverage and performance split are selected in the Challenge Builder, which shows the exact price of the configuration you assemble before checkout.",
        "label": "Open the Challenge Builder"
      }
    },
    "crypto-prop-firm-payouts": {
      "title": "Crypto Prop Firm Payouts: Every Step Between Passing and Being Paid",
      "excerpt": "Passing, approval, an agreement, eligible results, request eligibility, verification and processing are separate stages. This guide sets out the published ZoneX conditions for each, without inventing timelines.",
      "readTime": "9 min read",
      "category": "Guide",
      "author": "ZoneX Team",
      "date": "January 7, 2026",
      "keywords": "crypto prop firm payouts, prop firm disbursement, profit split, funded account payout conditions",
      "intro": "“Payout” is usually described as one event. It is a sequence, and each stage has its own conditions that can stop it. This guide separates the stages and states only what ZoneX actually publishes. Where a figure is not published, it is not stated here — typical processing times, average payout amounts and pass rates are exactly the kind of numbers that get invented, and we do not invent them.",
      "blocks": [
        {
          "type": "h2",
          "text": "Stage 1 — Passing the Challenge"
        },
        {
          "type": "p",
          "text": "Completing the evaluation means meeting your selected profit target without breaching the recorded limits. It produces no money. Challenge profits are simulated and are not withdrawable, and no monetary prize arises from completing the Challenge itself. This is stated in the <a href=\"loc:/challenge-terms\" class=\"text-primary hover:underline\">Challenge Terms &amp; Conditions</a> rather than being an editorial position."
        },
        {
          "type": "h2",
          "text": "Stage 2 — Eligibility, verification and compliance review"
        },
        {
          "type": "p",
          "text": "Passing moves you into identity, eligibility and compliance review. It is not a second trading evaluation phase, and it can be declined. Passing does not guarantee an incentive-eligible account, live capital or payment."
        },
        {
          "type": "h2",
          "text": "Stage 3 — A separate agreement"
        },
        {
          "type": "p",
          "text": "If the review is approved, the ongoing arrangement is governed by a separate written incentive-eligible account agreement — not by the Challenge purchase. That agreement carries the performance split you selected in the Builder and the disbursement conditions. An approved account may use simulated or real execution."
        },
        {
          "type": "h2",
          "text": "Stage 4 — Generating eligible results"
        },
        {
          "type": "p",
          "text": "Only results generated under the approved arrangement can become eligible for a disbursement. Under the published conditions in Section 5 of the <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a>, the first disbursement becomes possible after 14 calendar days of incentive-eligible trading and a minimum of $50 in generated results. The risk limits of an approved account mirror the Challenge you completed — the rules do not loosen after approval."
        },
        {
          "type": "note",
          "title": "Trading days, precisely",
          "text": "Trading days are not required to complete a Challenge. They matter for disbursement eligibility on an incentive-eligible account, where a day counts when at least one position is held for three minutes or longer and at least one trade carries risk of 0.1% or greater, assessed against the 02:00 Europe/Zurich day boundary."
        },
        {
          "type": "h2",
          "text": "Stage 5 — Requesting a disbursement"
        },
        {
          "type": "p",
          "text": "Requests are subject to published frequency and size conditions:"
        },
        {
          "type": "ul",
          "items": [
            "One request every seven calendar days. A request submitted before the interval has elapsed will not be processed.",
            "Each request may draw up to 50% of the available profit above the account’s starting balance.",
            "Total withdrawals may not exceed the starting account balance within any rolling thirty-day period.",
            "Remaining profit stays in the account and continues to be subject to the normal trading rules and risk limits."
          ]
        },
        {
          "type": "example",
          "title": "A single request, worked",
          "intro": "Illustrative only, using the published 50% per-request condition.",
          "lines": [
            "Starting balance: $100,000.",
            "Current balance: $104,000.",
            "Available profit above the starting balance: $4,000.",
            "Maximum permitted in this request: $2,000.",
            "The remaining $2,000 stays in the account under the same risk limits."
          ]
        },
        {
          "type": "h2",
          "text": "Stage 6 — Review and processing"
        },
        {
          "type": "p",
          "text": "Disbursement requests are reviewed and processed on a twice-daily cycle, subject to eligibility, compliance and the disbursement schedule. That is the published cadence for review — it is not a promise of when funds arrive, which depends on the payment route and on checks that ZoneX does not control. Anyone quoting a guaranteed arrival time for a crypto prop firm payout is describing an aspiration."
        },
        {
          "type": "h2",
          "text": "What the performance split actually is"
        },
        {
          "type": "p",
          "text": "The split is a share of results generated under the approved arrangement, selected as part of your configuration in the <a href=\"loc:/crypto-challenge\" class=\"text-primary hover:underline\">Challenge Builder</a>. It applies to that arrangement, never to simulated evaluation profits, and a higher selected split is priced into the Challenge configuration rather than granted free."
        },
        {
          "type": "h2",
          "text": "Conditions that can stop a disbursement"
        },
        {
          "type": "warn",
          "items": [
            "Verification or compliance checks that are incomplete or not passed.",
            "A rule violation on the incentive-eligible account.",
            "A request made inside the seven-day interval, or beyond the per-request or rolling thirty-day caps.",
            "Results below the published minimum, or before the 14-day waiting period has elapsed."
          ]
        },
        {
          "type": "p",
          "text": "Everything above is drawn from the published <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a> and <a href=\"loc:/challenge-terms\" class=\"text-primary hover:underline\">Challenge Terms &amp; Conditions</a> as they stand today. Where those documents and this article ever differ, the documents govern."
        }
      ],
      "cta": {
        "title": "Configure a Challenge with your own parameters",
        "body": "Account size, maximum total drawdown, maximum daily loss, profit target, leverage and performance split are selected in the Challenge Builder, which shows the exact price of the configuration you assemble before checkout.",
        "label": "Open the Challenge Builder"
      }
    },
    "risk-management-crypto-prop-firm": {
      "title": "Risk Management in a Crypto Prop Evaluation: Worked Examples",
      "excerpt": "Position risk, overlapping exposure, remaining daily allowance and a static total drawdown floor — calculated step by step under the published ZoneX rules, with every assumption stated.",
      "readTime": "11 min read",
      "category": "Strategy",
      "author": "ZoneX Team",
      "date": "January 6, 2026",
      "keywords": "crypto prop firm risk management, position sizing, daily loss limit, static drawdown, prop evaluation risk",
      "intro": "Risk advice in this industry is usually a list of adjectives. What a trader in an evaluation actually needs is arithmetic: how large this position can be, how much of today’s allowance is already committed, and how far the account is from a floor that does not move. Every example below is worked under the published ZoneX rules, labelled as an illustration, and states its assumptions. The percentages used are examples — the values that apply to you are the ones recorded for your purchased configuration.",
      "blocks": [
        {
          "type": "note",
          "title": "The four rules the arithmetic rests on",
          "text": "A stop-loss is required on every position. The daily loss allowance is fixed at the 02:00 Europe/Zurich reset and does not trail your equity intraday. The total drawdown floor is static, calculated once from the initial balance. Limits count realized losses, unrealized losses, trading fees and funding fees. Source: Section 4 of the <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a>."
        },
        {
          "type": "h2",
          "text": "Example 1 — Sizing a single position"
        },
        {
          "type": "p",
          "text": "Position size follows from the stop distance and the amount you are prepared to lose, not from a lot size or a leverage setting."
        },
        {
          "type": "example",
          "title": "Illustration: one position",
          "intro": "Assumptions: simulated balance $50,000; risk per trade chosen by the trader at 0.75%; BTC entry $60,000; stop $58,800; round-trip taker cost assumed at 0.10% of notional.",
          "lines": [
            "Risk budget: $50,000 × 0.75% = <strong>$375</strong>.",
            "Stop distance: ($60,000 − $58,800) ÷ $60,000 = <strong>2.0%</strong>.",
            "Notional: $375 ÷ 0.02 = <strong>$18,750</strong> (0.3125 BTC).",
            "Estimated round-trip cost: $18,750 × 0.10% ≈ <strong>$19</strong>.",
            "Worst case if the stop fills at the level set: ≈ <strong>$394</strong>, not $375."
          ],
          "note": "Costs are part of the loss the limits measure, so they belong in the worst case. Slippage can make the fill worse than the level set; this example assumes it does not."
        },
        {
          "type": "h2",
          "text": "Example 2 — Overlapping exposure and the remaining allowance"
        },
        {
          "type": "p",
          "text": "The daily allowance is measured on committed risk: what you have already lost today plus the worst case still open if every stop were hit, including costs."
        },
        {
          "type": "example",
          "title": "Illustration: what is left today",
          "intro": "Assumptions: same $50,000 account; recorded daily loss allowance 3% = $1,500, fixed at the 02:00 reset; two positions open, each sized as in Example 1.",
          "lines": [
            "Realized today: −$450.",
            "Open worst case, position A: ≈ $394.",
            "Open worst case, position B: ≈ $394.",
            "Total committed: $450 + $394 + $394 = <strong>$1,238</strong>.",
            "Remaining before the allowance is reached: $1,500 − $1,238 = <strong>$262</strong>.",
            "A third position at the same risk ($394 worst case) would commit $1,632 — above the allowance."
          ],
          "note": "If the two open positions are in highly correlated assets, treat them as closer to one commitment than two independent ones: correlation does not reduce the arithmetic, but it makes both stops likely to be hit together."
        },
        {
          "type": "h2",
          "text": "Example 3 — A static total drawdown floor"
        },
        {
          "type": "p",
          "text": "A static floor is calculated once and never recalculates — it does not rise as the account grows and does not change at the daily reset."
        },
        {
          "type": "example",
          "title": "Illustration: the floor does not move",
          "intro": "Assumptions: initial simulated balance $50,000; selected maximum total drawdown 8%. 8% is used here as an example, not a universal setting.",
          "lines": [
            "Floor: $50,000 × (1 − 0.08) = <strong>$46,000</strong>, fixed.",
            "At the start, total room to the floor: <strong>$4,000</strong>.",
            "After the account reaches $53,500, the floor is still $46,000 — room from current equity: <strong>$7,500</strong>.",
            "Under a trailing model at the same 8%, the floor would have risen to $49,220 and room from current equity would be only $4,280."
          ],
          "note": "This is why the early phase of an evaluation is the tightest: the room you have on day one is the smallest room you will ever have under a static floor."
        },
        {
          "type": "h2",
          "text": "Example 4 — Funding costs on a held perpetual"
        },
        {
          "type": "example",
          "title": "Illustration: a cost that accrues while you wait",
          "intro": "Assumptions: $18,750 notional perpetual position; funding assumed at 0.01% per 8-hour interval against the position and held for 24 hours. Funding rates vary by venue and by hour and can be positive or negative.",
          "lines": [
            "Per interval: $18,750 × 0.01% ≈ <strong>$1.88</strong>.",
            "Three intervals in 24 hours: ≈ <strong>$5.63</strong>.",
            "Over a week at the same rate: ≈ <strong>$39</strong>.",
            "Small against a $375 risk budget — material against a $262 remaining allowance."
          ]
        },
        {
          "type": "h2",
          "text": "On the “safe” risk percentage"
        },
        {
          "type": "p",
          "text": "A fixed fraction per trade — often quoted as 0.5–1% — is a common convention, and it is <em>only</em> a convention. It does not ensure that a losing streak cannot breach a daily or total limit, because the breach depends on how many positions you hold at once, how correlated they are, how costs accumulate and how long the streak runs. Any percentage on this page is illustrative and is not a safe level or a performance guarantee. The arithmetic above is the check; the percentage is only a starting point for it."
        },
        {
          "type": "h2",
          "text": "The two failures that are not about size"
        },
        {
          "type": "ul",
          "items": [
            "<strong>Liquidation.</strong> On a simulated leveraged account, a liquidation or auto-deleveraging event fails the Challenge immediately, whether or not any drawdown limit was breached. This is why the stop must sit within 90% of the venue-derived liquidation distance — a stop on the liquidation line may never fire, because liquidation triggers off the mark price and maintenance margin rises as the position grows.",
            "<strong>Prohibited practice.</strong> A rule violation ends an account regardless of profitability. The list is published in the <a href=\"loc:/challenge-rules\" class=\"text-primary hover:underline\">Challenge Rules</a>."
          ]
        },
        {
          "type": "h2",
          "text": "Optional, and not a substitute"
        },
        {
          "type": "p",
          "text": "The Pre-Violation Warning is an optional paid add-on priced at 20% of the Challenge fee. It flags actions that could breach a drawdown limit before you proceed. It does not change any rule, it does not guarantee protection against every breach, and the absence of a warning does not confirm that an action is compliant."
        }
      ],
      "cta": {
        "title": "Configure a Challenge with your own parameters",
        "body": "Account size, maximum total drawdown, maximum daily loss, profit target, leverage and performance split are selected in the Challenge Builder, which shows the exact price of the configuration you assemble before checkout.",
        "label": "Open the Challenge Builder"
      }
    },
    "best-crypto-prop-firms-risk-capital": {
      "title": "How the Best Crypto Trading Firms Handle Risk and Capital",
      "excerpt": "Learn how the best crypto trading firms manage risk, allocate capital, and protect both traders and firm assets through professional risk frameworks.",
      "readTime": "10 min read",
      "category": "Industry",
      "author": "ZoneX Team",
      "date": "January 5, 2026",
      "content": {
        "intro": "How a crypto trading firm manages risk and capital determines whether it can still pay a profitable trader a year from now. Most of that happens out of public view, so this article sets out what firms commonly describe, and — more usefully — which of those claims a trader can actually verify before paying.",
        "capitalAllocation": {
          "title": "Capital Allocation Models",
          "p1": "Firms describe their capital arrangements in different ways. Treat the following as claims to check rather than facts, because payment capacity is rarely published or audited:",
          "reservedPools": "<strong>Reserved funding pools:</strong> Capital set aside specifically for trader accounts, separate from operational funds",
          "tieredAllocation": "<strong>Tiered allocation:</strong> Larger accounts reserved for traders who've proven consistency at smaller sizes",
          "payoutReserves": "<strong>Disbursement reserves:</strong> Funds maintained to ensure prompt disbursement of trader performance incentives"
        },
        "riskControl": {
          "title": "Risk Control Systems",
          "p1": "Risk controls are easier to observe, because you experience them directly once trading starts:",
          "realTimeMonitoring": "<strong>Real-time monitoring:</strong> Automated systems track all trader accounts for rule violations and unusual activity",
          "positionLimits": "<strong>Automatic position limits:</strong> Hard stops that prevent traders from exceeding risk parameters",
          "diversifiedPool": "<strong>Diversified trader pool:</strong> Risk spread across many traders rather than concentrated in a few",
          "exchangeIntegration": "<strong>Exchange-level integration:</strong> Direct connections to exchanges for accurate position and margin data"
        },
        "corporateStructure": {
          "title": "Corporate Structure and Transparency",
          "p1": "Corporate structure is the part you can verify independently, and it is the part worth checking first:",
          "registered": "<strong>Registered business entities:</strong> Properly incorporated companies with verifiable registration",
          "jurisdiction": "<strong>Clear jurisdiction:</strong> Operating from established financial centers with regulatory frameworks",
          "leadership": "<strong>Published leadership:</strong> Identifiable management team with professional backgrounds",
          "physical": "<strong>Physical presence:</strong> Real office locations and contact information"
        },
        "fairEvaluation": {
          "title": "Fair Evaluation Design",
          "p1": "The best crypto trading firms design evaluations that identify skilled traders rather than creating impossible barriers:",
          "item1": "Achievable profit targets that skilled traders can realistically reach",
          "item2": "Deadlines that suit the trading style being evaluated, or no completion deadline at all",
          "item3": "Clear, consistent rules without hidden terms",
          "item4": "No arbitrary disqualifications for profitable traders"
        },
        "poorRiskSigns": {
          "title": "Signs of Poor Risk Management",
          "p1": "Avoid trading firms that show these concerning patterns:",
          "item1": "Delayed or denied disbursements without clear explanation",
          "item2": "Retroactive rule changes that affect existing accounts",
          "item3": "Anonymous ownership with no verifiable company information",
          "item4": "Promises that seem too good to be true"
        },
        "cta": {
          "title": "ZoneX: Built on Professional Standards",
          "description": "ZoneX AG is registered in Switzerland with a published commercial register number, publishes its Challenge Rules in full, and sets a static total drawdown floor from the initial balance. Passing an evaluation does not by itself guarantee approval, capital or payment — the published conditions apply.",
          "button": "View Company Information"
        }
      }
    },
    "best-crypto-prop-firms-beginners": {
      "title": "Best Crypto Trading Firms for Beginners: A Starter's Guide",
      "excerpt": "Discover what makes the best crypto trading firms suitable for beginners, including evaluation difficulty, educational resources, support quality, and beginner-friendly features.",
      "readTime": "9 min read",
      "category": "Guide",
      "author": "ZoneX Team",
      "date": "January 4, 2026",
      "content": {
        "intro": "Choosing the right trading firm as a beginner can significantly impact your trading development. The <strong>best crypto trading firms</strong> for beginners offer features that support learning and growth while maintaining professional standards. This guide helps new traders identify what to look for.",
        "warning": "<strong>Important:</strong> Trading is challenging, and most traders do not pass evaluations regardless of experience level. Beginners should have a solid trading foundation before attempting trading firm challenges.",
        "smallerAccounts": {
          "title": "Start with Smaller Account Sizes",
          "p1": "The best crypto trading firms for beginners offer entry-level account sizes that minimize financial risk while you learn:",
          "item1": "Lower evaluation fees reduce the cost of learning",
          "item2": "Smaller positions mean less pressure on individual trades",
          "item3": "Success builds confidence before scaling to larger accounts",
          "item4": "Multiple attempts at smaller sizes cost less than one large account"
        },
        "clearDocs": {
          "title": "Clear Documentation and Rules",
          "p1": "Beginners benefit most from firms that explain everything clearly:",
          "detailedRules": "<strong>Detailed rule explanations:</strong> Not just what the rules are, but how they're calculated",
          "faq": "<strong>FAQ sections:</strong> Answers to common questions about the evaluation process",
          "guides": "<strong>How-to guides:</strong> Step-by-step processes for getting started",
          "transparentTerms": "<strong>Transparent terms:</strong> No hidden clauses or surprising disqualification criteria"
        },
        "support": {
          "title": "Responsive Support",
          "p1": "Beginners often have questions that experienced traders don't. The best crypto trading firms provide accessible support:",
          "item1": "Multiple contact channels (email, chat, community forums)",
          "item2": "Reasonable response times during market hours",
          "item3": "Support staff who can explain technical concepts clearly",
          "item4": "Community spaces where traders share experiences"
        },
        "features": {
          "title": "Features That Help Beginners",
          "p1": "Look for these beginner-friendly features when evaluating the best crypto trading firms:",
          "timeLimit": "<strong>Workable deadlines:</strong> A generous completion deadline — or none at all — reduces pressure to force trades",
          "staticDrawdown": "<strong>Predictable reset cadence:</strong> A single daily reset (e.g. ZoneX's 02:00 Europe/Zurich) is easier to plan around than continuous intraday recalculation",
          "tools": "<strong>Included trading tools:</strong> Professional terminals reduce setup complexity",
          "flexibility": "<strong>Exchange flexibility:</strong> Trade on platforms you already know"
        },
        "preparation": {
          "title": "Preparing Before Your First Evaluation",
          "p1": "Before attempting an evaluation at any trading firm, beginners should:",
          "item1": "Practice extensively on demo accounts until consistently profitable",
          "item2": "Develop and document a specific trading strategy",
          "item3": "Understand basic risk management principles",
          "item4": "Read all challenge rules thoroughly before purchasing",
          "item5": "Start with the smallest account size available"
        },
        "whenNot": {
          "title": "When NOT to Try Trading",
          "p1": "Be honest about whether you're ready. Trading may not be appropriate if you:",
          "item1": "Have never traded cryptocurrency before",
          "item2": "Cannot afford to lose the evaluation fee",
          "item3": "Don't have a consistent, tested trading strategy",
          "item4": "Struggle with emotional control during trading"
        },
        "cta": {
          "title": "Ready to Start? Learn the Rules First",
          "description": "ZoneX offers clear documentation, multiple account sizes starting at $5K, and transparent rules. Review everything before committing to an evaluation.",
          "button": "Read Challenge Rules"
        }
      }
    }
  },
  "common": {
    "loading": "Loading..",
    "error": "Error",
    "success": "Success",
    "learnMore": "How it Works",
    "getStarted": "Get Started",
    "readMore": "Read More",
    "backToHome": "Back to Home",
    "note": "Note",
    "startChallenge": "Start Challenge",
    "exploreTerminal": "Explore Terminal"
  },
  "termsOfUse": {
    "title": "Terms &",
    "titleHighlight": "Conditions",
    "lastUpdated": "Last Updated: 17 September 2026",
    "acknowledgment": "By using ZoneX's Services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.",
    "summaryTable": {
      "title": "Key User Obligations — Quick Reference",
      "subtitle": "Before proceeding, ensure you understand these critical requirements:",
      "headers": {
        "obligation": "Obligation",
        "description": "Description",
        "consequence": "Consequence of Breach"
      },
      "rows": {
        "challengeRules": {
          "obligation": "Comply with Challenge Rules",
          "description": "Meet the selected profit target and comply with the risk limits and other published requirements governing the purchased Challenge configuration.",
          "consequence": "Immediate disqualification, no refund"
        },
        "riskLimits": {
          "obligation": "Respect Risk Limits",
          "description": "Comply with the applicable daily-loss limit and static maximum-drawdown floor. Daily-loss calculations remain separate from total drawdown.",
          "consequence": "Account termination"
        },
        "prohibitedPractices": {
          "obligation": "Avoid Prohibited Practices",
          "description": "No EAs/bots, tick scalping, latency exploitation, or third-party account management",
          "consequence": "Immediate termination, potential ban"
        },
        "eligibility": {
          "obligation": "Maintain Eligibility",
          "description": "Not located in restricted jurisdictions; not a sanctioned person",
          "consequence": "Access denial, account closure"
        },
        "kyc": {
          "obligation": "Complete Verification Before Payout",
          "description": "Complete the required identity verification and sanctions screening before the first performance payout, and earlier where ZoneX requires verification because of applicable law, geographic restrictions, compliance concerns, risk controls or requirements of a third-party service provider.",
          "consequence": "Performance payout withheld until required verification is successfully completed."
        }
      },
      "footer": "For complete Challenge Rules, see Section 12 below or visit the",
      "challengeRulesLink": "Challenge Rules page"
    },
    "sections": {
      "acceptance": {
        "title": "1. Acceptance of Terms",
        "p1Before": "These Terms and Conditions (\"Terms\") constitute a legally binding agreement between you and ",
        "p1After": ", a company registered in Switzerland (\"Company\", \"ZoneX\", \"we\", \"us\", or \"our\"). By accessing or using our website, trading platform, terminal software, or services (collectively, the \"Services\"), you agree to be bound by these Terms and our Privacy Policy.",
        "p2": "If you do not agree to these Terms, you must not access or use the Services. Changes are governed by Section 24; continued use does not replace affirmative acceptance where express acceptance is required.",
        "electronicTitle": "Electronic Contract Formation",
        "electronicDesc": "By clicking an acceptance, purchase, subscription or registration control, you electronically accept only the documents presented as applicable to that transaction. A Challenge purchase includes these Terms of Use, the Privacy Policy, Challenge Rules and Challenge Terms & Conditions. It does not constitute acceptance of the Funded Trader Services Agreement or Funded Trader Rules. ZoneX may retain the timestamp, account and document-version record of each acceptance. Electronic acceptance has the same legal effect as a handwritten signature under Swiss law.",
        "p3": "These Terms apply to free and paid ZoneX Services. Challenge participation is additionally governed by the Challenge Terms & Conditions, Challenge Rules and confirmed Challenge purchase configuration. Participation in the Funded Trader Programme is governed principally by the separately accepted Funded Trader Services Agreement, applicable Account Schedule and Funded Trader Rules. These Terms continue to apply to website, platform and other matters within their scope but do not replace the Funded Trader Services Agreement.",
        "electronicFreeAccess": "Registration for or use of the free ZoneX Terminal does not itself purchase a Challenge, an Instant Funded Account or a paid upgrade, authorize a payment or create a Funded Trader Arrangement. Paid-order acceptance is governed by the Order Acceptance provision in Section 12.",
        "fundedRules": "Before a funded-stage Account Configuration is activated, an approved participant must separately accept the Funded Trader Services Agreement, populated Account Schedule and Funded Trader Rules. Challenge purchase acceptance does not cover those funded-stage documents."
      },
      "companyInfo": {
        "title": "2. Company Information",
        "registeredName": "Registered Name",
        "operatingName": "Operating Name",
        "companyNumber": "Company Number",
        "registrationNumber": "Registration Number",
        "dateIncorporation": "Date of Incorporation",
        "registeredOffice": "Registered Office",
        "cantonZug": "Canton of Zug, Switzerland",
        "registeredAddress": "Registered Address",
        "shareCapital": "Share Capital",
        "legalForm": "Legal Form",
        "limitedCompany": "Limited Company",
        "swissLaw": "ZoneX AG is a Swiss company governed by Swiss law. All services are provided from Switzerland and are subject to Swiss jurisdiction."
      },
      "regulatory": {
        "title": "3. Regulatory Status and Important Disclaimers",
        "unregulatedWarning": "IMPORTANT REGULATORY NOTICE",
        "notRegulated": "<strong>ZoneX AG is not licensed or prudentially supervised as a financial institution by FINMA (the Swiss Financial Market Supervisory Authority) or by a Swiss Self-Regulatory Organisation (SRO).</strong> The Services described in these Terms are offered on a commercial contractual basis and are not offered as regulated financial services. No regulator has approved or endorsed ZoneX or its Services. ZoneX makes no representation as to how its Services may be classified under the law of any other jurisdiction; users are responsible for their own local position.",
        "weAreNot": "ZoneX is NOT",
        "notList": {
          "broker": "A licensed broker, dealer, or securities firm",
          "advisor": "A regulated investment advisor or financial advisor",
          "bank": "A bank or deposit-taking institution",
          "payment": "A payment services provider",
          "finma": "Subject to prudential supervision by FINMA, any SRO, or any financial regulator"
        },
        "noProtections": "<strong>Important Notice:</strong> You do not have the protections typically afforded to clients of regulated financial institutions, including investor compensation schemes, regulatory capital requirements, or oversight by financial regulators. Nothing in these Terms shall be construed as suggesting regulatory status, approval, or supervision by any governmental or regulatory authority.",
        "disclaimerTitle": "Important Regulatory Disclaimer",
        "disclaimerText": "ZoneX AG does not accept participant deposits or participant-owned trading capital and does not hold or manage participant-owned trading or investment assets in connection with its Challenge or Funded Trader programs. Challenge trading is conducted exclusively in a simulated environment. A Funded Trader Arrangement may operate in a simulated environment, using ZoneX-owned proprietary capital, or through a combination determined by ZoneX. Where actual proprietary capital is deployed, the relevant accounts, capital, crypto-assets and market positions remain legally and economically owned exclusively by ZoneX.",
        "natureTitle": "3.1 Nature of Our Services",
        "natureDesc": "We operate as a trading firm providing commercial services on a contractual basis:",
        "services": {
          "evaluation": "Evaluation Programs",
          "evaluationDesc": "Customizable, single-phase trading evaluations conducted with simulated funds using live market data from supported exchanges.",
          "funded": "Funded Trader Arrangements",
          "fundedDesc": "Contractual trading-service relationships under which qualifying trading performance may result in performance-based remuneration. The applicable environment may be simulated, use ZoneX-owned proprietary capital or combine both, subject to eligibility, verification and compliance review.",
          "software": "Trading Software",
          "softwareDesc": "A standalone multi-exchange Terminal with free access and optional paid features for users trading through their own supported exchange accounts.",
          "educational": "Educational Resources",
          "educationalDesc": "Trading information and analysis tools",
          "instantFunded": "Instant Funded Accounts",
          "instantFundedDesc": "Direct entry into a ZoneX Funded Trader Arrangement without first completing a Challenge. An Instant Funded Account does not constitute participant ownership of an account, trading capital or crypto-assets."
        },
        "noAdviceTitle": "3.2 No Investment Advice",
        "noAdviceDesc": "We do <strong>NOT</strong> provide investment advice, financial advice, or recommendations regarding cryptocurrencies or any other assets. All information provided is for informational and educational purposes only. You are solely responsible for your own trading decisions.",
        "noCapitalTitle": "3.3 Customer Funds and Platform Services",
        "noCapitalDesc": "ZoneX does not accept participant funds as trading capital, investment principal, margin, collateral or customer assets in connection with a Challenge or Funded Trader Arrangement. Challenge fees and Instant Funded Account purchase fees are service fees paid for access to the applicable ZoneX services, software, trading environment and programme. They are not deposits or investments.",
        "noCapitalDesc2": "Where a Funded Trader Arrangement uses actual proprietary capital, all relevant accounts, capital, crypto-assets and positions belong exclusively to ZoneX. The trader does not acquire any ownership, beneficial interest, withdrawal right, transfer right or security interest in those assets.",
        "noCapitalDesc3": "Separately, ZoneX AG offers a standalone trading terminal, which is an independent software product. Users of the trading terminal connect their own exchange accounts via API and trade exclusively through those accounts. ZoneX AG does not hold customer funds, execute trades on behalf of users, operate customer exchange accounts, or provide investment or brokerage services. Users remain solely responsible for their exchange accounts, trading activity, and assets.",
        "noCapitalDesc4": "Following successful completion of a Challenge, or through an Instant Funded Account, eligible participants may be admitted to a Funded Trader Arrangement in accordance with the applicable programme rules and Section 12.3."
      },
      "eligibilityRestricted": {
        "title": "4. Eligibility and Restricted Jurisdictions",
        "intro": "Access to and use of the Services is subject to the eligibility conditions in this Section. Some restrictions reflect applicable legal, sanctions, geographic or third-party requirements, while others are contractual risk-management measures adopted by ZoneX. Inclusion of a jurisdiction on ZoneX’s Restricted Jurisdictions list does not necessarily mean that every transaction involving that jurisdiction is prohibited by law.",
        "prohibitedPersons": "4.1 Prohibited Persons and Jurisdictions",
        "prohibitedIntro": "You may not access, register for, purchase Challenges, Instant Funded Accounts or other paid Services on, or otherwise use the Services if you are:",
        "prohibitedList": {
          "located": "Located in, resident in, ordinarily resident in, or incorporated in a Restricted Jurisdiction (as defined below);",
          "acting": "Acting on behalf of, or for the benefit of, any person or entity located in, resident in, ordinarily resident in, or incorporated in a Restricted Jurisdiction;",
          "national": "A national or citizen of a Restricted Jurisdiction, unless you are permanently resident in a non-restricted jurisdiction and can demonstrate lawful status;",
          "behalf": "Acting on behalf of, or for the benefit of, any Prohibited Person (as defined in Section 5)."
        },
        "restrictedJurisdictions": "4.2 Restricted Jurisdictions",
        "restrictedIntro": "\"Restricted Jurisdictions\" means the following countries, territories, and regions:",
        "restrictedList": {
          "russia": "The Russian Federation",
          "belarus": "The Republic of Belarus",
          "iran": "The Islamic Republic of Iran",
          "northKorea": "The Democratic People's Republic of Korea (North Korea)",
          "syria": "The Syrian Arab Republic",
          "cuba": "The Republic of Cuba",
          "crimea": "The Autonomous Republic of Crimea and the City of Sevastopol",
          "donetsk": "The self-proclaimed Donetsk People's Republic",
          "luhansk": "The self-proclaimed Luhansk People's Republic",
          "zaporizhzhia": "The occupied areas of Zaporizhzhia Oblast",
          "kherson": "The occupied areas of Kherson Oblast",
          "additional": "Any other country, territory, or region that becomes subject to comprehensive international sanctions or that ZoneX determines, at its sole discretion, presents unacceptable risk."
        },
        "technicalControls": "4.3 Technical and Contractual Restrictions",
        "technicalDesc": "ZoneX implements technical measures, including but not limited to IP geolocation checks, device fingerprinting, and payment-rail restrictions, to prevent access from Restricted Jurisdictions. These controls are implemented in addition to the contractual prohibitions in this Section.",
        "technicalBinding": "Regardless of the effectiveness of technical controls, the contractual prohibitions in this Section are binding on all users. Any access to or use of the Services from a Restricted Jurisdiction, or by or on behalf of a Prohibited Person, constitutes a material breach of these Terms, regardless of whether such access was technically prevented.",
        "ageCapacity": "4.4 Age and Capacity",
        "ageDesc": "You must be at least 18 years of age and have the legal capacity to enter into binding contracts under applicable law. By using our Services, you represent and warrant that you meet these requirements.",
        "accessControls": "4.5 Eligibility and Access Controls",
        "accessControlsIntro": "Access to and use of the ZoneX platform and services is subject to eligibility requirements, geographic restrictions, and risk-based access controls determined by ZoneX from time to time.",
        "accessControlsRestrictions": "ZoneX may restrict, suspend, or deny access to the website, the purchase of Challenges, Instant Funded Accounts or other paid Services, or the use of any services based on location, residency, eligibility, risk considerations, legal or third-party requirements, or contractual prohibitions, including through the use of automated or technical measures.",
        "accessControlsWarranty": "Users represent and warrant that they are not located in, resident in, or acting on behalf of any person or entity located in a restricted or sanctioned jurisdiction, and that they are not subject to international sanctions.",
        "accessControlsDisclosure": "ZoneX is not obligated to disclose the specific basis, logic, or technical means by which access decisions are made and may enforce such restrictions at any time, before or after an order is placed, without prior notice.",
        "accessControlsNoRight": "No user has a right to access the platform or to purchase Challenges, Instant Funded Accounts or other paid Services. Where access is restricted or denied due to eligibility, location, legal requirements or risk considerations, ZoneX may cancel or void any related order and deny access, subject always to applicable mandatory law and any refund right expressly provided under the Refund Policy or these Terms."
      },
      "sanctions": {
        "title": "5. Sanctions and Prohibited Persons",
        "intro": "This Section sets out contractual access conditions relating to international sanctions. These conditions are private risk management measures and are not representations of regulatory compliance status.",
        "prohibitedPersonsDef": "5.1 Definition of Prohibited Persons",
        "prohibitedPersonsIntro": "You may not access or use the Services if you are a \"Prohibited Person\", meaning any natural person or legal entity that:",
        "prohibitedPersonsList": {
          "sanctioned": "Is designated on, or is owned or controlled by a person or entity designated on, any sanctions list maintained by the United States (including OFAC SDN, Sectoral Sanctions, and Non-SDN lists), the European Union, the Swiss State Secretariat for Economic Affairs (SECO), the United Kingdom (HM Treasury), or the United Nations Security Council;",
          "owned": "Is 50% or more owned, directly or indirectly, by one or more sanctioned persons or entities;",
          "controlled": "Is controlled by, acting on behalf of, or acting for the benefit of, any sanctioned person or entity;",
          "government": "Is a government, government agency, or state-owned entity of any Restricted Jurisdiction;",
          "facilitating": "Is knowingly facilitating transactions or providing services for the benefit of any sanctioned person or entity."
        },
        "screening": "5.2 Screening and Controls",
        "screeningDesc": "Routine full identity-based sanctions screening is not a condition precedent to every registration, Challenge purchase, Instant Funded Account purchase or product activation. ZoneX completes full identity-based sanctions screening in connection with its identity-verification process no later than before the first performance payout. ZoneX may nevertheless conduct screening or take other compliance action earlier or at any time where required by applicable law, geographic restrictions, sanctions-related information available to ZoneX, internal risk controls or requirements imposed by a bank, payment processor, exchange or other service provider. Subsequent performance payouts may also be subject to re-screening or additional compliance controls. ZoneX may rely on one or more of the following measures on an ongoing basis, without limitation:",
        "screeningList": {
          "automated": "Automated screening of user-provided information against sanctions and PEP lists at the identity-verification stage and on an ongoing basis thereafter;",
          "declarations": "User declarations and representations provided at registration, at the identity-verification stage and upon request;",
          "ip": "IP address and geolocation analysis;",
          "device": "Device fingerprinting and behavioural indicators;",
          "payment": "Payment-rail and transaction monitoring;",
          "thirdParty": "Third-party compliance and screening services."
        },
        "screeningClarification": "Other than full identity-based screening, these measures are risk-management controls and do not themselves constitute identity verification. ZoneX makes no representation that any particular screening measure is complete or exhaustive, and nothing in this Section limits ZoneX’s obligations under applicable law.",
        "discretion": "5.3 Discretionary Access Controls",
        "discretionDesc": "ZoneX may, exercising reasonable discretion on the grounds set out in this Agreement (including eligibility requirements, identity verification and sanctions screening, compliance concerns, fraud, manipulation or abuse, platform or trading integrity, security concerns, capital availability, or material breach of the applicable agreement), and without prior notice:",
        "discretionList": {
          "refuse": "Refuse registration, challenge purchases, or access to any person or entity;",
          "suspend": "Suspend access to the Services pending further review;",
          "terminate": "Terminate accounts and access to the Services;",
          "void": "Void challenge purchases and withhold funds;",
          "report": "Report suspicious activity to relevant authorities if required or permitted by applicable law."
        },
        "discretionNote": "ZoneX will, on request, provide the general basis for any action taken under this Section to the extent it can do so without compromising security, sanctions compliance, or fraud-prevention measures. Decisions taken under this Section may be challenged through the Complaints Procedure and remain subject to mandatory law.",
        "cryptoControls": "The use of cryptocurrency as a payment method does not prevent ZoneX from applying wallet, transaction or other risk controls where ZoneX considers them appropriate or where they are required in a particular case."
      },
      "userDeclarations": {
        "title": "6. User Declarations and Representations",
        "intro": "By accessing or using the Services, you represent and warrant to ZoneX, as of the date of first access and on a continuing basis thereafter:",
        "declarationsList": {
          "notRestricted": "You are not located in, resident in, or ordinarily resident in any Restricted Jurisdiction; and, if you are a national or citizen of a Restricted Jurisdiction, you are permanently and lawfully resident in a permitted jurisdiction, are not subject to sanctions, and can provide satisfactory evidence of this when requested;",
          "notProhibited": "You are not a Prohibited Person and are not acting on behalf of any Prohibited Person;",
          "notSanctioned": "You are not subject to any sanctions imposed by the United States, the European Union, Switzerland, the United Kingdom, the United Nations, or any other jurisdiction;",
          "notOwned": "You are not owned or controlled by, and are not acting on behalf of or for the benefit of, any person or entity subject to sanctions;",
          "accurate": "All information you have provided to ZoneX is accurate, complete, and not misleading;",
          "lawful": "Your access to and use of the Services is lawful under the laws of your jurisdiction of residence;",
          "notCircumvent": "You have not used and will not use any means to circumvent ZoneX's access controls, including but not limited to VPNs, proxies, false declarations, or third-party nominees."
        },
        "continuing": "6.1 Continuing Obligation",
        "continuingDesc": "If any of the representations in this Section ceases to be true, accurate, or complete, you must immediately notify ZoneX in writing at legal@zonex.pro. Your obligation to notify applies regardless of whether you continue to use the Services.",
        "reliance": "6.2 Reliance",
        "relianceDesc": "ZoneX may rely on the representations and warranties in this Section, subject to any verification, screening, investigation or other action that ZoneX elects or is required to undertake under these Terms, applicable law or its risk-management procedures. ZoneX shall not be liable for any loss or damage arising from reliance on user declarations that are subsequently determined to be false or inaccurate."
      },
      "preAccessControls": {
        "title": "7. Pre-Access Screening and Controls",
        "intro": "This Section describes private risk management measures implemented by ZoneX. These measures are not identity verification, KYC procedures, or compliance with any regulatory framework.",
        "screening": "7.1 Pre-Access and Pre-Purchase Screening",
        "screeningDesc": "ZoneX may perform automated or manual screening before or at any time after access is granted, including but not limited to:",
        "screeningList": {
          "sanctions": "Sanctions list screening using commercial databases and publicly available information;",
          "ip": "IP address geolocation and analysis, including detection of VPN and proxy use;",
          "device": "Device fingerprinting and behavioural analysis;",
          "payment": "Payment-rail restrictions and transaction monitoring;",
          "thirdParty": "Third-party risk scoring and identity verification services (where used for risk assessment, not regulatory compliance)."
        },
        "notKyc": "7.2 Clarification Regarding Identity Verification",
        "notKycDesc": "Pre-access screening measures described in this Section are risk management controls implemented at ZoneX's discretion. They do not constitute:",
        "notKycList": {
          "kyc": "Know Your Customer (KYC) procedures as defined under anti-money laundering regulations;",
          "identity": "Regulatory identity verification;",
          "aml": "Anti-money laundering compliance procedures;",
          "regulated": "Compliance with any regulated framework or supervisory requirement."
        },
        "accessDenial": "7.3 Access Denial and Blocking",
        "accessDenialDesc": "ZoneX is entitled to block access to the Services at any stage, including:",
        "accessDenialList": {
          "before": "Before payment or registration is accepted;",
          "after": "After payment is received but before services are delivered;",
          "during": "During use of the Services;",
          "completed": "After challenges have been completed or passed."
        },
        "noLiability": "Blocking, suspending or denying access under this Section does not of itself create an entitlement to compensation, subject always to applicable mandatory law and any refund right expressly provided under the Refund Policy or these Terms."
      },
      "noRightToService": {
        "title": "8. No Right to Service and Termination",
        "noRight": "8.1 No Right to Access or Service",
        "noRightDesc": "Access to the Services, including the ability to purchase a Challenge or an Instant Funded Account, to enter or continue a Funded Trader Arrangement, or to continue using the platform, is not an unconditional right. ZoneX provides the Services subject to reasonable discretion exercised on the grounds set out in Section 8.2, and may refuse, restrict, suspend, or terminate access on those grounds, notifying the user where reasonably possible.",
        "terminationGrounds": "8.2 Grounds for Refusal or Termination",
        "terminationDesc": "Without limiting the generality of Section 8.1, ZoneX may refuse service, suspend accounts, void Challenges or Instant Funded Account purchases, terminate a Funded Trader Arrangement, terminate access, or withhold unpaid performance-based remuneration:",
        "terminationList": {
          "sanctions": "To manage sanctions risk or prevent sanctions breaches;",
          "riskManagement": "As part of general risk management and platform integrity measures;",
          "circumvention": "To prevent circumvention of access controls or eligibility conditions;",
          "breach": "In response to any breach or suspected breach of these Terms;",
          "discretion": "On any other reasonable ground relating to eligibility requirements, identity verification and sanctions screening, compliance concerns, fraud, manipulation or abuse, platform or trading integrity, security concerns, capital availability, or material breach of the applicable agreement. Decisions under this Section may be challenged through the Complaints Procedure and remain subject to mandatory law."
        },
        "noRefund": "8.3 No Refund for Eligibility-Based Termination",
        "noRefundDesc": "Where access is denied, suspended, or terminated due to eligibility conditions, restricted jurisdiction status, sanctions concerns, or breach of user declarations, no refund of any Challenge, Instant Funded Account or other service fee paid shall be due, except where a refund is required by mandatory law or expressly provided under the applicable Refund Policy. This applies regardless of whether the user was aware of the applicable restriction at the time of payment."
      },
      "noCircumvention": {
        "title": "9. Prohibition on Circumvention",
        "intro": "Users are strictly prohibited from circumventing or attempting to circumvent any access controls, eligibility conditions, or risk management measures implemented by ZoneX.",
        "prohibitedMethods": "9.1 Prohibited Methods",
        "prohibitedDesc": "Prohibited circumvention methods include, without limitation:",
        "prohibitedList": {
          "vpn": "Use of virtual private networks (VPNs), proxy servers, or anonymisation tools to disguise location or identity;",
          "false": "Providing false, misleading, or incomplete information regarding residency, nationality, identity, or sanctions status;",
          "thirdParty": "Using third parties, nominees, or agents to access the Services on behalf of a prohibited person;",
          "multipleAccounts": "Creating multiple accounts to evade restrictions or bans;",
          "technical": "Exploiting technical vulnerabilities or platform bugs to bypass access controls."
        },
        "materialBreach": "9.2 Material Breach",
        "materialBreachDesc": "Any attempt to circumvent access controls or eligibility conditions constitutes a material breach of these Terms. ZoneX may, without limiting other available remedies:",
        "materialBreachList": {
          "terminate": "Immediately terminate access to the Services;",
          "void": "Void any Challenges, Instant Funded Accounts, Funded Trader Arrangements, or unpaid performance-based remuneration entitlements;",
          "retain": "Retain all fees paid;",
          "ban": "Permanently ban the user from the platform;",
          "report": "Report the matter to relevant authorities where permitted or required by law."
        }
      },
      "riskResponsibility": {
        "title": "10. Risk Allocation and User Responsibility",
        "userResponsibility": "10.1 User Responsibility for Lawful Use",
        "userResponsibilityDesc": "You are solely responsible for determining whether your access to and use of the Services is lawful in your jurisdiction of residence or location. ZoneX does not provide legal, regulatory, or sanctions advice, and nothing in these Terms or on the platform constitutes such advice.",
        "noAdvice": "10.2 No Legal or Regulatory Advice",
        "noAdviceDesc": "ZoneX does not advise on:",
        "noAdviceList": {
          "sanctions": "The applicability or interpretation of any sanctions regime;",
          "tax": "Tax treatment or reporting obligations in any jurisdiction;",
          "regulatory": "Regulatory requirements applicable to users in any jurisdiction;",
          "legality": "The legality of cryptocurrency trading or trading in any jurisdiction."
        },
        "seekAdvice": "Users should seek independent legal and professional advice before using the Services.",
        "indemnity": "10.3 Indemnification",
        "indemnityDesc": "You agree to indemnify, defend, and hold harmless ZoneX AG, its directors, officers, employees, agents, and affiliates from and against any and all claims, damages, losses, liabilities, costs, and expenses (including legal fees) arising from or relating to:",
        "indemnityList": {
          "false": "Any false, inaccurate, or misleading declaration or representation made by you;",
          "breach": "Any breach by you of the eligibility conditions or prohibitions in these Terms;",
          "prohibited": "Your access to or use of the Services in violation of any applicable sanctions regime or from a Restricted Jurisdiction;",
          "circumvention": "Any attempt to circumvent access controls or eligibility conditions;",
          "thirdParty": "Any claim by any third party arising from your use of the Services."
        }
      },
      "servicesDesc": {
        "title": "11. Services Description",
        "intro": "We provide:",
        "list": {
          "terminal": "Multi-exchange trading terminal software with free access and optional paid features.",
          "challenge": "Customizable, single-phase simulated trading evaluations (“Challenge Programs”).",
          "funded": "Funded Trader Arrangements — trading-service relationships under which qualifying trading performance may result in contractual performance-based remuneration. A Funded Trader Arrangement may follow successful completion of a Challenge or may begin directly through an Instant Funded Account.",
          "educational": "Educational resources and market analysis tools",
          "support": "Customer support services",
          "instantFunded": "Instant Funded Accounts — direct admission to a Funded Trader Arrangement without a preliminary Challenge. The applicable trading environment may be simulated, use ZoneX-owned proprietary capital or use a combination determined by ZoneX. The participant does not own the funded account balance or ZoneX proprietary capital."
        },
        "reserve": "We reserve the right to modify, suspend, or discontinue any aspect of the Services at any time without prior notice.",
        "terminalBundleTitle": "Terminal Subscription — Bundled Free Challenge",
        "terminalBundleDesc": "Historical provision, retained for users who purchased before these offers were withdrawn: Advanced and Institutional Terminal subscriptions include one (1) complimentary Disciplined Trader Challenge ($5,000 with Advanced; $10,000 with Institutional). This free challenge is granted one time only, upon the initial subscription signup, and is NOT renewed, refreshed, or re-issued with subsequent monthly billing cycles. Cancellation and resubscription does not regenerate the complimentary challenge. The free challenge is non-transferable, has no cash value, and is subject to the same Challenge Rules and Terms applicable to all Disciplined Trader Challenges.",
        "freeBasicNote": "ZoneX Terminal access is free of charge. Upgraded features are optional and charged separately under the terms disclosed before purchase. Purchasing or passing a Challenge is not required to use the standalone ZoneX Terminal.",
        "challengeScopeNote": "Challenge evaluation limits apply to Challenge accounts. They do not automatically apply to independent trading through users’ personal exchange accounts. General platform conduct, security, eligibility and third-party exchange requirements remain applicable.",
        "fundedRules": "Every Funded Trader Arrangement is additionally governed by the Funded Trader Rules, which are incorporated by reference into these Terms."
      },
      "partnerships": {
        "title": "11.5 Partnership Program and X Affiliates",
        "intro": "ZoneX AG may offer a Partner Program and, from time to time, grant certain approved ZoneX Partners access to an official X Affiliate status (\"X Affiliate\"). The Partner Program and X Affiliate status are optional benefits offered at ZoneX's sole discretion and are not a guaranteed feature of any service purchased from ZoneX.",
        "xAffiliates": "11.5.1 X Affiliate Status",
        "xAffiliatesDesc": "X (formerly Twitter) Affiliate status is reserved exclusively for ZoneX Partners who have demonstrated, in ZoneX's sole discretion, that they can consistently represent ZoneX professionally and add value to the ZoneX community. X Affiliate status is not available to the general public, is not a right or entitlement, and is not available for purchase.",
        "discretion": "11.5.2 Discretionary Addition and Removal",
        "discretionDesc": "ZoneX may add or remove a Partner as an X Affiliate, or change the scope of any X Affiliate's status, based on reasonable, good-faith commercial or compliance considerations, including professionalism, brand fit, and compliance with the Partner Guidelines. Such decisions may be made without prior notice, but ZoneX will provide an explanation on request and such decisions do not affect any amounts already paid for a ZoneX service.",
        "partnerObligations": "11.5.3 Partner Obligations",
        "partnerObligationsDesc": "Partners granted X Affiliate status must continue to comply with all Partner Guidelines, Content Guidelines, these Terms, and any other applicable policies. Failure to comply with such obligations may result in the immediate removal of X Affiliate status and/or suspension or termination of the Partner account.",
        "noRights": "11.5.4 No Contractual Right to X Affiliate Status",
        "noRightsDesc": "No user has a contractual right to become or remain an X (formerly Twitter) Affiliate. The continued use of any X (formerly Twitter) Affiliate designation, badge, tracking link, or related tool is entirely conditional on ZoneX's ongoing approval and may be revoked at any time."
      },
      "trading": {
        "title": "12. Trading and Challenge Programs",
        "riskTitle": "12.1 Comprehensive Risk Disclosure",
        "riskWarning": "WARNING: CRYPTOCURRENCY TRADING INVOLVES EXTREME RISK",
        "riskIntro": "Trading cryptocurrencies, crypto derivatives, and leveraged products carries substantial risk. The nature and allocation of that risk depends on the ZoneX service used, as set out below. Specific market-related risks include but are not limited to:",
        "risks": {
          "market": "Market Risk",
          "marketDesc": "Extreme price volatility can result in total loss of capital",
          "leverage": "Leverage Risk",
          "leverageDesc": "Amplified gains and losses; positions can be liquidated instantly",
          "liquidity": "Liquidity Risk",
          "liquidityDesc": "May be unable to exit positions at desired prices",
          "exchange": "Exchange Risk",
          "exchangeDesc": "Platform outages, hacks, insolvency, or technical failures",
          "regulatory": "Regulatory Risk",
          "regulatoryDesc": "Changing regulations may affect cryptocurrency legality or taxation",
          "counterparty": "Counterparty Risk",
          "counterpartyDesc": "Third-party exchanges or service providers may fail",
          "technology": "Technology Risk",
          "technologyDesc": "Smart contract bugs, network congestion, or technical errors",
          "operational": "Operational Risk",
          "operationalDesc": "Human error, system failures, or cybersecurity breaches"
        },
        "participateIf": "You should only participate if you",
        "participateList": {
          "experience": "Have substantial trading experience and knowledge of cryptocurrency markets",
          "understand": "Fully understand the risks of leverage and derivative trading",
          "afford": "Can afford the service fees paid to participate, and, where trading your own exchange account, can afford to lose the assets you place at risk",
          "ownAccount": "Understand whether you are trading your own exchange account or performing trading services for ZoneX under a Funded Trader Arrangement",
          "notRelying": "Are not relying on trading income to meet essential living expenses"
        },
        "pastPerformance": "Past performance does not guarantee future results. Historical returns are not indicative of future profits.",
        "challengeTitle": "12.2 Challenge Programs - Detailed Terms",
        "challengeNature": "<strong>Nature of Challenge Programs:</strong> Challenge Programs are skill evaluation assessments. By paying a Challenge fee, you purchase the right to attempt to demonstrate trading proficiency under specified conditions. This is NOT an investment, deposit, or guarantee of future earnings.",
        "challengeFees": "Challenge Fees",
        "feesList": {
          "nonRefundable": "All Challenge fees are <strong>non-refundable</strong> except as required by mandatory Swiss consumer protection law",
          "accessOnly": "Fees are for program access and evaluation services only",
          "noGuarantee": "Payment does not guarantee passing a Challenge or admission to a Funded Trader Arrangement",
          "failedNoRefund": "Failing a Challenge does not itself entitle the participant to a cash refund or compensation. A qualifying free retry remains available under the published retry conditions, and applicable refund rights remain unaffected."
        },
        "challengeRules": "Challenge Rules and Evaluation",
        "challengeRulesLinkIntro": "Complete Challenge Rules are published on our",
        "challengeRulesLinkText": "Challenge Rules page",
        "challengeRulesLinkOutro": "and are incorporated by reference into these Terms.",
        "rulesList": {
          "comply": "You must comply with the parameters recorded for your purchased Challenge and the applicable published Challenge Rules.",
          "include": "Applicable requirements include daily-loss controls, static maximum drawdown, mandatory stop-loss placement and published trading restrictions and prohibited practices.",
          "violation": "Any rule violation results in immediate challenge failure without refund",
          "automated": "We use automated systems and manual review to monitor compliance",
          "final": "Our determination of rule violations is made in good faith based on the published Challenge Rules and objective trading data. It remains subject to the Complaints Procedure and any mandatory rights available to you under applicable law."
        },
        "passingNoGuarantee": "Passing Does Not Guarantee a Funded Trader Arrangement",
        "passingDesc": "Successfully completing a Challenge creates eligibility for a separate funded-stage review only. It does not automatically create a funded account, capital allocation, engagement, payment or Performance Remuneration. ZoneX separately reviews eligibility and Challenge integrity and may:",
        "passingList": {
          "decline": "Decline admission to a Funded Trader Arrangement on grounds including eligibility, capital availability, risk management or sanctions concerns",
          "require": "Require additional identity, eligibility, compliance or supporting documentation and complete the applicable approval review.",
          "impose": "Impose additional conditions or restrictions on a Funded Trader Arrangement",
          "delay": "Delay or deny approval based on risk assessment or compliance concerns"
        },
        "fundedTitle": "12.3 Funded Trader Programme — Separate Contractual Framework",
        "fundedNature": "<strong>Separate funded-stage relationship:</strong> Participation in the Funded Trader Programme is governed principally by the separately accepted Funded Trader Services Agreement, applicable Account Schedule and Funded Trader Rules. These Terms continue to apply to website, platform and other matters within their scope but do not replace the Funded Trader Services Agreement.",
        "thirdPartyTitle": "12.4 Third-Party Cryptocurrency Exchanges",
        "thirdPartyDesc": "Users trading personal capital through the standalone Terminal use their own supported third-party exchange accounts, subject to the respective exchange’s terms. ZoneX does not establish or manage those accounts or hold their assets. Exchange policies, availability and technical performance are outside ZoneX’s control. Challenge trading instead takes place in a simulated ZoneX account using supported exchange market data.",
        "exchangeApiTitle": "12.5 Exchange API Usage and User Responsibility",
        "exchangeApiDesc": "Users trading their own capital authorize supported connections to their personal exchange accounts and remain responsible for their trading instructions, connection permissions and compliance with the exchange’s terms. ZoneX provides the software interface and does not manage the user’s exchange account or take custody of its assets.",
        "freeRetryTitle": "Free Challenge Retry",
        "freeRetryDesc": "Certain Challenges include a one-time complimentary retry when the account reaches a peak realized profit of at least 5% at any point during the evaluation, even if the account is subsequently terminated for a Daily Drawdown or Total Drawdown breach or any other rule violation. Peak realized profit is measured on closed, filled trades and expressly excludes unrealized profit or an equity high-water mark that includes open positions. One retry is granted per Challenge purchase. The free retry is non-transferable, has no cash value, is not exchangeable for a refund, and is not available on any purchase to which a discount, coupon code or other promotional offer was applied.",
        "promoTitle": "Promotional Pricing and Other Offers",
        "promoDesc": "From time to time ZoneX AG may offer promotional discounts on Challenge fees, subscriptions, or bundled products (each, a \"Promotion\"). All Promotions are subject to the following:",
        "promoList": {
          "oneCustomer": "Promotions are limited to one (1) purchase per person, per household, and per payment method, unless expressly stated otherwise.",
          "noStack": "Promotions cannot be combined or stacked with any other discount, coupon, or offer.",
          "eligibility": "Eligibility, promo codes, discount amounts, tier availability, and expiry dates are as displayed at the point of sale and may be changed, suspended, or withdrawn at any time without prior notice.",
          "nonRefundable": "Purchases made under a Promotion remain non-refundable on the same basis as full-price purchases. The discount has no cash value and cannot be transferred, exchanged, or applied to a future purchase.",
          "abuse": "ZoneX AG may revoke a Promotion, refuse an order, terminate an account, or claw back the discounted amount (including as a debt) where it reasonably believes the Promotion has been abused, obtained by misrepresentation, multi-accounting, use of VPN/proxy, or in breach of these Terms.",
          "featuresMayDiffer": "Certain features (such as the free retry) may be excluded from, or modified for, discounted purchases where expressly stated in the Promotion terms."
        },
        "orderAcceptanceTitle": "Order Acceptance and Refunds Where ZoneX Cancels",
        "orderAcceptanceDesc": "The display of a Challenge, subscription, or other product on the website is an invitation to treat, not an offer. Clicking the purchase button constitutes your binding offer to purchase and your acceptance of the applicable legal documents. ZoneX AG accepts the order, and the contract is formed, when ZoneX AG issues an electronic order confirmation or provisions the purchased account or service, whichever occurs first. ZoneX AG may decline to accept or may cancel an order (including after payment) where, in its reasonable judgement: (i) you or your payment fails sanctions, fraud, geo-eligibility, or payment-authentication screening; (ii) the order is duplicate, suspected of abuse, or in breach of a Promotion; (iii) pricing was displayed in error; (iv) supply or service is otherwise not available; or (v) processing the order would breach applicable law. Where ZoneX AG cancels an order before the contract is formed, or before the Challenge or subscription has been activated, for reasons attributable to ZoneX AG or where required by law, the fee paid for that specific order will be refunded to the original payment method within 14 calendar days. No refund is payable once the Challenge has been activated (evaluation credentials issued) or the subscription period has commenced, except as expressly required by mandatory consumer-protection law.",
        "configTitle": "Challenge Configuration and Evaluation",
        "configP1": "Each Challenge is a single-phase simulated evaluation governed by the configuration recorded for its purchase. Available selections include simulated initial account balance, maximum total drawdown, maximum daily loss, profit target, maximum leverage and performance split, within the supported configuration limits. The purchase also records whether the optional Pre-Violation Warning is included.",
        "configP2": "There is no second trading evaluation phase, no minimum number of trading days and no maximum completion time. The evaluation may be completed once the selected profit target and all applicable published Challenge requirements have been satisfied and verified.",
        "configP3": "Maximum total drawdown is static. The Maximum Drawdown Floor is calculated from the Initial Account Balance and the selected maximum drawdown percentage. It remains fixed throughout the Challenge and does not rise with profits, trail account equity or recalculate at the daily reset.",
        "configFormula": "Maximum Drawdown Floor = Initial Account Balance × (1 − Selected Maximum Drawdown Percentage)",
        "configP4": "Daily-loss controls are separate and use the applicable daily reference and calculation specified in the Challenge Rules. The daily reset does not change the static Maximum Drawdown Floor.",
        "configP5": "There is no best-day profit cap or requirement to spread Challenge profits across a minimum number of trading days. Applicable risk limits, mandatory stop-loss requirements and prohibited-practice rules remain in force.",
        "configP6": "The selected performance split concerns a subsequent Funded Trader Arrangement governed by Section 12.3. It does not make simulated Challenge profits withdrawable or guarantee an arrangement, trading capital or payment.",
        "configP7": "The Pre-Violation Warning is optional. It does not change the applicable rules or guarantee protection against every breach. The absence of a warning does not confirm that an action is compliant.",
        "passingNoSecondPhase": "These checks are not a second trading evaluation phase. If ZoneX approves admission, the participant must accept the Funded Trader Services Agreement, applicable Account Schedule and Funded Trader Rules before the funded-stage Account Configuration is activated.",
        "exchangeApiChallenge": "Challenge participants do not provide personal exchange API keys. Challenge trading is simulated using supported exchange market data. Any approved funded-stage Account Configuration is governed by the separately accepted Funded Trader Services Agreement, Account Schedule and Funded Trader Rules.",
        "freeRetryScope": "A qualifying retry provides a fresh evaluation account with the same purchased Challenge configuration and account size. It does not pay out simulated profits or refund the participation fee. The eligibility conditions and abuse provisions in the Challenge Rules and Challenge Terms & Conditions continue to apply.",
        "riskChallenge": "Challenge: a Challenge is a simulated evaluation. The participant does not risk trading capital and does not trade participant-owned assets. The participant’s financial outlay is the applicable service/evaluation fee.",
        "riskFunded": "Funded Trader Arrangement: any actual market capital belongs exclusively to ZoneX, and ZoneX bears the economic trading gain or loss on that ZoneX-owned capital. The trader does not invest participant-owned trading capital in the funded account, but risks loss of eligibility, termination of the arrangement and loss of contingent opportunities to earn performance-based remuneration if the applicable rules are breached.",
        "riskPersonal": "Standalone Terminal and personal exchange trading: where a user connects and trades the user’s own exchange account, that user bears the full investment and trading risk on the user’s own assets and may lose those assets.",
        "fundedInstantDef": "Both the post-Challenge route and the Instant Funded route use the same Funded Trader Services Agreement. Passing or purchase does not itself activate an Account Configuration.",
        "fundedEnvTitle": "Trading Environment and ZoneX Capital",
        "fundedEnv1": "The funded-stage Trading Environment may be simulated or, where ZoneX separately elects, may involve ZoneX-owned proprietary capital.",
        "fundedEnv2": "The participant does not own or control any underlying capital, account, asset, position or proceeds.",
        "fundedRoleTitle": "Trader’s Role",
        "fundedRole": "The participant provides Trader Services under the funded-stage documents and is not promised or allocated proprietary capital merely by admission.",
        "fundedRemTitle": "Performance-Based Remuneration",
        "fundedRem1": "Performance Remuneration is a contractual payment for Qualifying Performance under the funded-stage documents. It is not a withdrawal of participant-owned simulated profits or a customer balance.",
        "fundedRem2": "The applicable percentage and payment cycle are recorded in the Account Schedule. Eligibility and payment conditions are governed by the funded-stage documents.",
        "fundedFeeTitle": "Purchase Fees",
        "fundedFee1": "Any fee charged for an Instant Funded Account is consideration for access to the applicable ZoneX software, trading environment, Funded Trader programme and related services. The fee is not a deposit, investment, stake, margin payment, collateral, trading capital or customer money and is not placed at market risk on behalf of the participant.",
        "fundedFee2": "Subject to mandatory law and the applicable Refund Policy, a participant does not acquire a right to repayment of the service fee merely because the participant stops trading, breaches the applicable rules, fails to qualify for a payout or receives no performance-based remuneration.",
        "fundedCryptoTitle": "Cryptocurrency Payments and Payouts",
        "fundedCrypto1": "Service fees may be paid using supported fiat or cryptocurrency payment methods. Where cryptocurrency is transferred to ZoneX as payment for a ZoneX service, it is received by ZoneX for its own account as consideration for that service. It is not held in custody for the participant, credited as participant trading capital or maintained as a participant-owned balance.",
        "fundedCrypto2": "Where permitted by the applicable payout terms, ZoneX may discharge its own performance-remuneration obligation using supported fiat currency or cryptocurrency. Any cryptocurrency used for that purpose belongs to, or is acquired for the account of, ZoneX until transferred in satisfaction of ZoneX’s obligation. The payout structure does not create a participant-owned crypto balance held by ZoneX for subsequent conversion or transmission.",
        "fundedNoGuaranteeTitle": "No Guarantee",
        "fundedNoGuarantee": "Challenge completion or Instant Funded purchase does not guarantee admission, activation, proprietary-capital deployment or Performance Remuneration.",
        "fundedRules": "The Account Schedule records expressly stated account-specific commercial terms. The Funded Trader Rules govern the published funded-stage operating and trading rules.",
        "fundedMechanicsExclusive": "Funded-stage formation, commercial terms, trading rules and Performance Remuneration are governed by the funded-stage documents, not by these Terms alone."
      },
      "kycVerification": {
        "title": "13. Identity Verification and Compliance Screening for Funded Trader Arrangements",
        "intro": "This Section describes identity-verification and compliance-screening requirements applicable to Funded Trader Arrangements, including those entered directly through an Instant Funded Account.",
        "noKycChallenge": "13.1 Challenge Phase",
        "noKycChallengeDesc": "A Challenge may be purchased and undertaken without full identity verification. All trading activity during the Challenge is conducted in a simulated environment using notional funds.",
        "mandatoryKyc": "13.2 Verification for Funded Trader Arrangements",
        "mandatoryKycDesc": "Full identity verification and identity-based sanctions screening must be completed no later than before the first Performance Remuneration payment, unless earlier checks are required by law, sanctions restrictions, fraud or compliance concerns, or a relevant third party. Ordinary simulated funded-stage activity does not automatically require full KYC before activation.",
        "kycList": {
          "photoId": "Government-issued photo identification",
          "addressProof": "Proof of residential address dated within 90 days",
          "selfie": "Selfie with ID for facial verification",
          "sanctions": "Sanctions and PEP screening",
          "additional": "Additional documentation as reasonably requested"
        },
        "refusal": "13.3 Refusal or Failure to Complete Verification",
        "refusalDesc": "Where a participant refuses or fails to complete verification to ZoneX’s satisfaction, no performance payout will be made and ZoneX may suspend or terminate the Funded Trader Arrangement in accordance with these Terms. Any refund entitlement is determined solely by mandatory law and the applicable Refund Policy.",
        "dataHandling": "13.4 Data Handling",
        "dataHandlingDesc": "All personal data collected during verification will be handled in accordance with applicable data protection laws and ZoneX's Privacy Policy.",
        "fundedRules": "Verification and sanctions-screening requirements for a funded-stage Account Configuration are set out in the funded-stage documents. Full identity verification and identity-based sanctions screening must be completed no later than before the first Performance Remuneration payment unless earlier checks are required."
      },
      "fees": {
        "title": "14. Fees and Payment",
        "pricingTitle": "14.1 Pricing",
        "pricingDesc": "ZoneX Terminal access is free. Charges apply to purchased Challenges, Instant Funded Accounts, optional paid Terminal features and other expressly selected paid services. The applicable price and billing basis are disclosed before purchase. Fees are displayed in USD unless otherwise stated. Price changes remain subject to the applicable purchase terms and subscription-notice requirements.",
        "paymentTitle": "14.2 Payment Processing",
        "paymentDesc": "Payments may be processed through third-party payment providers or, where supported, made directly to ZoneX using cryptocurrency or another supported payment method. ZoneX does not store payment-card credentials where payment-card processing is performed by a third-party provider. You authorize ZoneX to charge your selected payment method for all fees incurred.",
        "refundTitle": "14.3 Refund Policy",
        "refundDesc": "Challenge fees and Instant Funded Account service fees are generally non-refundable once the product has been activated or performance has begun, subject to the applicable Refund Policy and mandatory law. No refunds are due where access is denied for eligibility, restricted jurisdiction, or sanctions-related reasons, except where a refund is required by mandatory law or expressly provided under the Refund Policy. Paid Terminal features may be refunded within 14 calendar days of purchase where the feature has not been activated or used. Refund requests must be submitted in writing to our support team.",
        "vatTitle": "Taxes, VAT and Invoicing",
        "vatDesc": "All prices are displayed exclusive of taxes unless expressly stated otherwise. Where Swiss VAT, EU VAT (including under the OSS/MOSS scheme for electronically supplied services), or any equivalent sales or consumption tax applies, it will be calculated at checkout based on the billing information you provide and added to the total charged. You are responsible for providing accurate billing details (including country of residence, and, where applicable, a valid VAT/tax identification number for business customers eligible for the reverse-charge mechanism). An electronic invoice or receipt will be issued for each transaction and made available in your account. You are solely responsible for any additional income tax, capital gains tax, withholding tax, or other tax arising from your use of the Services or receipt of any performance incentive.",
        "subscriptionTitle": "14b. Paid Terminal Features and Recurring Subscriptions",
        "subscriptionIntro": "Paid Terminal features and other paid products are governed by the price, service period and billing basis disclosed before purchase. The recurring-subscription provisions below apply only where the user expressly purchases a product with recurring billing. Free ZoneX Terminal access is not a paid subscription.",
        "subList": {
          "autoRenew": "Auto-renewal: Where you expressly purchase a product with recurring billing, it renews automatically at the end of each billing cycle disclosed at purchase, at the then-current price, charged to the payment method on file, until cancelled by you. By purchasing such a product, you expressly authorise that recurring charge. Products that are not sold on a recurring basis, and free ZoneX Terminal access, do not renew and are not charged.",
          "cancellation": "Cancellation: You may cancel a paid recurring product at any time from your account settings or by emailing contact@zonex.pro. Cancellation takes effect at the end of the then-current paid billing period; you retain access to that paid feature until that date. Cancelling a paid feature does not close your ZoneX account, does not remove free ZoneX Terminal access and does not terminate a separately purchased Challenge. No pro-rata refund is payable for the unused portion of a period already paid, except where required by mandatory consumer-protection law or expressly stated in these Terms.",
          "trial": "Free ZoneX Terminal: Terminal access is provided without a subscription fee. It is not a seven-day trial that expires or automatically converts to a paid plan. Paid features require a separate, expressly authorized purchase. Free access remains subject to these Terms and the applicable eligibility, conduct and security requirements.",
          "priceChange": "Price changes: We may change the price of a paid recurring product from time to time. A price change will apply to your next renewal after we have given you at least thirty (30) days’ prior notice by email or in-account notification. If you do not accept the new price, you may cancel before the renewal date; continued use after the renewal date constitutes acceptance. A price-change notice does not create a charge for free ZoneX Terminal access.",
          "upgradeDowngrade": "Upgrades and downgrades: Where a paid product is offered in tiers, upgrade, downgrade and proration mechanics are those disclosed for that product at the point of sale. Changes to a paid feature do not alter separately purchased Challenges or existing purchased entitlements.",
          "failedPayment": "Failed payment and dunning: Where an actual payment obligation exists and a renewal payment fails, we may retry the charge, notify you by email, and suspend access to the affected paid feature until payment is received. If payment remains outstanding after fourteen (14) days, we may terminate that paid feature and, where applicable, treat the unpaid amount as a debt owed to ZoneX AG. Free ZoneX Terminal access creates no payment obligation and cannot give rise to subscription debt.",
          "bundleImpact": "Historical provision, retained for users who purchased before these offers were withdrawn: Bundled free Challenge: The complimentary Disciplined Trader Challenge bundled with an Advanced or Institutional Subscription is granted once at initial signup and is not refreshed by cancellation and resubscription. If the underlying Subscription is refunded, cancelled during a trial, or reversed by chargeback before the free Challenge is activated, the free Challenge is forfeited. If the free Challenge has already been activated, it remains subject to these Terms and the Challenge Terms and Conditions.",
          "processor": "Payment processor: Charges are processed by our third-party payment provider(s), which may act as merchant of record and appear on your card or bank statement in that capacity. Their terms apply to the payment transaction in addition to these Terms."
        },
        "withdrawalTitle": "14c. Consumer Right of Withdrawal and Waiver for Immediate Digital Performance",
        "withdrawalIntro": "Consumers resident in the European Union, the European Economic Area, the United Kingdom, or Switzerland may benefit from a statutory right to withdraw from a distance contract within fourteen (14) days of its conclusion, without giving any reason, where such a right applies under local law (Swiss law does not currently grant a general right of withdrawal for distance contracts, so this clause applies primarily to EU/EEA/UK consumers).",
        "withdrawalWaiver": "Express waiver for immediate performance of digital content and services: By ticking the acceptance box and completing your purchase, you (i) expressly request that ZoneX AG begins performance of the Services (including provisioning of Challenge accounts, activation of an Instant Funded Account and access to the Funded Trader programme, activation of paid Terminal features, access to Terminal, and delivery of digital content) immediately, before the end of any applicable withdrawal period; and (ii) acknowledge that, once performance has begun, you thereby lose any statutory right of withdrawal and any right to a refund of fees paid, to the fullest extent permitted by Article 16(a) and 16(m) of Directive 2011/83/EU and equivalent local implementations. Where performance has not yet begun and a valid statutory withdrawal right applies, you may exercise it within fourteen (14) days by written notice to legal@zonex.pro; the fee paid for the unperformed portion will be refunded to the original payment method within 14 days of receipt of the notice. Mandatory consumer remedies cannot be excluded.",
        "chargebackTitle": "Chargebacks and Payment Reversals",
        "chargebackDesc": "If you dispute a charge, you agree to contact ZoneX AG at contact@zonex.pro before initiating a chargeback or payment reversal with your card issuer or bank, so we can review the matter under our Complaints Procedure. A legitimate chargeback is not automatically treated as fraud or a material breach. However, initiating a chargeback for a fee properly charged in accordance with these Terms, where the underlying dispute is found not to be legitimate, may result in: (i) suspension or termination of your account and forfeiture of any associated Challenge, Funded Trader Arrangement, or unpaid performance-based remuneration; (ii) recovery by ZoneX AG of the disputed amount plus any chargeback fees, administrative costs, and reasonable legal fees as a debt; (iii) blocking of the payment method and associated personal data from future purchases; and (iv) referral to fraud databases and payment-network dispute records where permitted by law. Legitimate disputes will be resolved in good faith under the Complaints Procedure and Dispute Resolution provisions of these Terms.",
        "pricingExchangeFees": "Free ZoneX Terminal access does not waive trading fees, funding costs or other charges imposed by third-party exchanges.",
        "paymentCrypto": "Cryptocurrency transferred directly to ZoneX as payment for a Service is received by ZoneX for its own account as consideration for that Service. It is not accepted as investment or trading capital, held in custody for the user or maintained as a user-owned crypto balance.",
        "refundInstant": "An Instant Funded Account service fee is consideration for access to the applicable ZoneX software, trading environment and Funded Trader programme. It is not trading capital, invested capital or an amount recoverable from trading results, and it is not repaid out of performance-based remuneration."
      },
      "ip": {
        "title": "15. Intellectual Property Rights",
        "p1": "All content, software, trademarks, logos, and materials provided through our Services are the exclusive property of ZoneX or our licensors and are protected by Swiss and international intellectual property laws. You are granted: (i) a limited, non-exclusive, non-transferable personal-use licence to use our Services for individual use of the free ZoneX Terminal, purchased Terminal features and Challenges, within the applicable service entitlements; (ii) for business and Institutional customers, a limited, non-exclusive, non-transferable internal-business-use licence; and (iii) where applicable, API access subject to your purchased plan and the API documentation. Resale, sublicensing, white-labelling, and other third-party commercialisation of our Services require a separate written agreement with ZoneX.",
        "p2": "You may not copy, modify, distribute, sell, or reverse engineer any part of our Services without our express written permission."
      },
      "prohibited": {
        "title": "16. Prohibited Activities",
        "intro": "You agree not to:",
        "list": {
          "bots": "Use any automated systems, bots, or trading algorithms without our written approval, other than automation features that ZoneX expressly provides and enables within the Services",
          "manipulation": "Engage in market manipulation, front-running, or other abusive trading practices",
          "multipleAccounts": "Create multiple accounts to circumvent our rules or obtain unfair advantages",
          "shareCredentials": "Share account credentials or allow others to trade on your behalf",
          "unauthorized": "Attempt to gain unauthorized access to our systems or other users' accounts",
          "illegal": "Use our Services for money laundering, terrorist financing, sanctions evasion, or other illegal activities",
          "copy": "Copy, distribute, or commercialize our proprietary software or content",
          "interfere": "Interfere with the proper functioning of our Services",
          "violateLaws": "Violate any applicable laws, regulations, or third-party rights",
          "circumvent": "Circumvent or attempt to circumvent any access controls or eligibility conditions"
        }
      },
      "dataProtection": {
        "title": "17. Data Protection and Privacy",
        "p1": "We process your personal data in accordance with Swiss Federal Act on Data Protection (FADP) and our Privacy Policy. By using our Services, you consent to the collection, processing, and storage of your personal data as described in our Privacy Policy.",
        "p2": "We implement appropriate technical and organizational measures to protect your data, but cannot guarantee absolute security. You acknowledge the inherent risks of transmitting data over the internet.",
        "retentionTitle": "Data Retention After Account Closure",
        "retentionDesc": "When your account is closed, terminated, or becomes inactive, ZoneX AG retains your personal data only for as long as is necessary for the purposes for which it was collected and to comply with legal, regulatory, tax, accounting, dispute-resolution, and anti-fraud obligations. Indicative retention periods are: (i) account, transaction, and billing records — up to ten (10) years after account closure, in line with Swiss Code of Obligations Article 958f and equivalent tax retention rules; (ii) KYC and sanctions-screening records where KYC was performed — up to ten (10) years after the last verification or transaction, in line with anti-money-laundering standards; (iii) support and communications records — up to three (3) years after the last interaction; (iv) marketing preferences and unsubscribe records — until you object or as long as required to honour your choice; (v) records held to establish, exercise, or defend legal claims — until the applicable limitation period has expired. After the applicable retention period, personal data is deleted or irreversibly anonymised. Full details, including your rights of access, rectification, erasure, restriction, portability, and objection, are set out in the ",
        "retentionPrivacyLink": "Privacy Policy"
      },
      "aiSupportChat": {
        "title": "18. AI Support Chat Disclaimer",
        "intro": "The ZoneX AI Support Chat is provided solely as a convenience to assist users by answering general questions and providing informational guidance regarding the ZoneX platform, Challenges, and related services.",
        "automatedTool": "The AI Support Chat is an automated information tool only. It is not an official source of the Challenge Rules, Challenge Terms & Conditions, or any other ZoneX agreement or policy, and its responses do not constitute legal, financial, investment, tax, regulatory, or professional advice.",
        "noWarranty": "AI-generated responses may be incomplete, inaccurate, ambiguous, or outdated. ZoneX makes no representation or warranty, express or implied, regarding the accuracy, completeness, reliability, availability, or suitability of any information provided by the AI Support Chat.",
        "noAuthority": "The AI Support Chat has no authority to interpret, modify, supplement, waive, override, create exceptions to, or otherwise amend any Challenge Rule, Challenge Terms & Conditions, payout condition, eligibility requirement, policy, or other contractual provision. No response generated by the AI Support Chat shall create any contractual right, entitlement, expectation, representation, warranty, or obligation on the part of ZoneX.",
        "noReliance": "No Reliance. By using the AI Support Chat, you acknowledge and agree that you shall not rely upon any response generated by the AI Support Chat as the basis for determining your rights, obligations, eligibility, compliance, payouts, account status, or any other matter relating to a ZoneX Challenge or any agreement with ZoneX. Only the applicable Challenge Rules, Challenge Terms & Conditions, and other official ZoneX documentation govern such matters.",
        "prevailing": "In the event of any conflict, inconsistency, omission, ambiguity, or difference between information provided by the AI Support Chat and the official Challenge Rules, Challenge Terms & Conditions, or any other official ZoneX agreement or policy, the official ZoneX documentation shall prevail and be final and controlling in all respects.",
        "userResponsibility": "Users are solely responsible for reviewing and complying with the applicable Challenge Rules, Challenge Terms & Conditions, and all other governing agreements before relying on any information relating to a Challenge or their account. If clarification of any rule, eligibility requirement, or Challenge condition is required, users should contact ZoneX directly through its official support channels.",
        "liability": "To the fullest extent permitted by applicable law, ZoneX shall not be liable for any direct, indirect, incidental, consequential, special, exemplary, punitive, or other loss, damage, cost, claim, expense, or liability arising from or relating to the use of, inability to use, or reliance upon any information provided by the AI Support Chat, including where such information is inaccurate, incomplete, inconsistent, or outdated.",
        "modifications": "ZoneX reserves the right to modify, suspend, restrict, or discontinue the AI Support Chat, or to change its functionality, capabilities, or responses, at any time without notice."
      },
      "disclaimers": {
        "title": "19. Disclaimers and Limitation of Liability",
        "serviceTitle": "19.1 Service Disclaimer",
        "serviceDesc": "OUR SERVICES ARE PROVIDED \"AS IS\" AND \"AS AVAILABLE\" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. WE DISCLAIM ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT OUR SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE.",
        "limitationTitle": "19.2 Limitation of Liability",
        "limitationDesc1": "TO THE MAXIMUM EXTENT PERMITTED BY SWISS LAW, WE SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, DATA, OR TRADING OPPORTUNITIES, ARISING FROM YOUR USE OF OUR SERVICES.",
        "limitationDesc2": "OUR TOTAL LIABILITY TO YOU SHALL NOT EXCEED THE AMOUNT OF FEES YOU PAID TO US IN THE 12 MONTHS PRECEDING THE EVENT GIVING RISE TO LIABILITY.",
        "downtimeTitle": "19.3 Trading Losses, Downtime, and Third-Party Execution",
        "downtimeDesc1": "For standalone Terminal trading with personal capital, ZoneX supplies the software interface through which users manage their own supported exchange accounts. Those users determine their own trading instructions, live execution occurs on the relevant exchange, and they bear the investment and trading risk on their own assets. Challenge trades are simulated within ZoneX. ZoneX does not take custody of users’ personal exchange assets.",
        "downtimeDesc2": "TO THE MAXIMUM EXTENT PERMITTED BY SWISS LAW, ZONEX AG SHALL NOT BE LIABLE FOR ANY TRADING LOSSES, MISSED OPPORTUNITIES, LIQUIDATIONS, SLIPPAGE, OR OTHER FINANCIAL HARM ARISING FROM OR RELATING TO: (a) DOWNTIME, UNAVAILABILITY, DEGRADED PERFORMANCE, LATENCY, BUGS, OR ERRORS OF THE TRADING TERMINAL OR OUR WEBSITE; (b) OUTAGES, DELAYS, MAINTENANCE, API CHANGES, ORDER REJECTIONS, OR OTHER FAILURES OF ANY THIRD-PARTY EXCHANGE OR LIQUIDITY PROVIDER; (c) INTERNET, NETWORK, HARDWARE, OR DEVICE FAILURES OUTSIDE OUR REASONABLE CONTROL; OR (d) FORCE MAJEURE EVENTS. YOU ACKNOWLEDGE THAT YOU TRADE AT YOUR OWN RISK AND ARE SOLELY RESPONSIBLE FOR MANAGING YOUR POSITIONS, INCLUDING THE USE OF STOP-LOSSES AND ALTERNATIVE ACCESS METHODS.",
        "mandatoryTitle": "19.4 Mandatory Consumer Rights",
        "mandatoryDesc": "Nothing in these Terms shall exclude or limit our liability for death, personal injury, fraud, or any other liability that cannot be excluded or limited under Swiss law.",
        "downtimeFunded": "Where a Funded Trader Arrangement uses actual ZoneX proprietary capital, ZoneX owns the relevant account and assets and bears the economic market gain or loss. The trader remains responsible for complying with ZoneX trading and risk rules and may lose eligibility for performance-based remuneration or continued programme participation as provided in these Terms. The execution environment for a Funded Trader Arrangement is governed by Section 12.3 and any applicable funded-trader product rules."
      },
      "indemnification": {
        "title": "20. Indemnification",
        "desc": "You agree to indemnify, defend, and hold harmless ZoneX AG, its directors, officers, employees, and agents from any claims, damages, losses, liabilities, and expenses (including legal fees) arising from your use of our Services, violation of these Terms, breach of eligibility conditions, false declarations, or infringement of any third-party rights."
      },
      "terminationSection": {
        "title": "21. Termination",
        "byYouTitle": "21.1 Termination by You",
        "byYouDesc": "You may terminate your account at any time by contacting our support team. Termination does not entitle you to refunds for unused services or fees.",
        "byUsTitle": "21.2 Termination by Us",
        "byUsDesc": "We may suspend or terminate your access to our Services, including immediately where warranted, on grounds such as breach of these Terms, eligibility concerns, sanctions risk, or fraudulent, abusive, or illegal activities. Where reasonably possible we will notify you. We may also terminate inactive accounts after a reasonable notice period. Decisions under this Section may be challenged through the Complaints Procedure and remain subject to mandatory law.",
        "effectTitle": "21.3 Effect of Termination",
        "effectDesc": "Upon termination, your right to use the Services immediately ceases. Provisions of these Terms that by their nature should survive termination shall remain in effect, including intellectual property rights, liability limitations, indemnification obligations, and dispute resolution provisions."
      },
      "dispute": {
        "title": "22. Dispute Resolution",
        "informalTitle": "22.1 Informal Resolution",
        "informalDesc": "Before initiating formal proceedings, you agree to contact us to attempt to resolve the dispute informally. Please send written notice to our support email describing the dispute and your proposed resolution.",
        "governingTitle": "22.2 Governing Law",
        "governingDesc": "These Terms shall be governed by and construed in accordance with the substantive laws of Switzerland, excluding its conflict of law provisions and the United Nations Convention on Contracts for the International Sale of Goods (CISG).",
        "jurisdictionTitle": "22.3 Jurisdiction and Venue",
        "jurisdictionDesc": "Any disputes arising from or relating to these Terms or our Services shall be subject to the exclusive jurisdiction of the competent courts of the Canton of Zug, Switzerland, with appeals to the Swiss Federal Supreme Court. However, we may seek injunctive relief in any court of competent jurisdiction to protect our intellectual property rights.",
        "consumerTitle": "22.4 Consumer Rights",
        "consumerDesc": "If you are a consumer resident in Switzerland or the European Union, nothing in this section affects your statutory consumer rights, including the right to bring proceedings in your country of residence.",
        "complaintsLinkIntro": "Before initiating any formal proceedings, you must submit your complaint through our written Complaints Procedure, which sets out how ZoneX AG receives, investigates, and resolves complaints within defined timeframes:",
        "complaintsLinkText": "Complaints Procedure"
      },
      "forceMajeure": {
        "title": "23. Force Majeure",
        "desc": "We shall not be liable for any failure or delay in performance due to circumstances beyond our reasonable control, including acts of God, natural disasters, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, strikes, or shortages of transportation facilities, fuel, energy, labor, or materials."
      },
      "changes": {
        "title": "24. Changes to Terms",
        "p1": "ZoneX may make non-material or administrative changes to these Terms under the applicable notice provisions and may make immediate changes where reasonably required for law, sanctions, fraud prevention, security or material platform integrity.",
        "p2": "Material economic changes to an existing funded-stage Account Configuration are governed by the funded-stage documents and apply prospectively. Where express acceptance is required, continued use alone does not replace affirmative electronic acceptance. No amendment retrospectively cancels properly earned Performance Remuneration.",
        "p3": "The configuration recorded in a confirmed Challenge purchase forms part of the agreement for that Challenge. Generic examples and descriptions do not override those recorded parameters. The configuration does not displace applicable eligibility requirements, prohibited-practice rules or other general contractual protections.",
        "p4": "Changes made under this Section do not override applicable product-specific version protections, notice requirements or contractual rights already acquired for a purchased Challenge or paid product."
      },
      "severability": {
        "title": "25. Severability",
        "desc": "If any provision of these Terms is found to be invalid, illegal, or unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable."
      },
      "entireAgreement": {
        "title": "26. Entire Agreement",
        "desc": "These Terms, together with our Privacy Policy and any other policies or agreements referenced herein, constitute the entire agreement between you and ZoneX regarding the use of our Services and supersede all prior agreements and understandings.",
        "purchaseConfig": "The configuration recorded in a confirmed Challenge or Instant Funded Account purchase, together with the applicable order confirmation and product-specific rules, forms part of the agreement for that product."
      },
      "noWaiver": {
        "title": "27. No Waiver",
        "desc": "Our failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision. No waiver shall be effective unless made in writing and signed by an authorized representative of ZoneX."
      },
      "assignment": {
        "title": "28. Assignment",
        "desc": "You may not assign or transfer these Terms or your account without our prior written consent. We may assign these Terms in connection with a merger, acquisition, or sale of assets, or by operation of law, without your consent."
      },
      "contact": {
        "title": "29. Contact Information",
        "intro": "For questions about these Terms or our Services, please contact us at:",
        "email": "Email",
        "support": "Support"
      },
      "language": {
        "title": "30. Language and Prevailing Version",
        "intro": "These Terms of Use, the Challenge Rules, and all related policies are drafted in the English language. Any translations of the Terms of Use, Challenge Rules, or other website content are provided solely for convenience.",
        "prevailing": "In the event of any inconsistency, discrepancy, or conflict between the English version and any translated version, the English version shall prevail and be legally binding.",
        "acknowledgment": "By using the website or purchasing a Challenge, you acknowledge and agree that the English-language version governs your rights and obligations."
      },
      "precedence": {
        "title": "31. Order of Precedence — Official Documents Supersede FAQs",
        "intro": "These Terms of Use and the product-specific agreements, schedules, rules and policies presented for acceptance are the binding sources governing their respective scopes.",
        "faq": "Frequently Asked Questions (FAQs), glossary entries, blog articles, marketing pages, social media content, emails, the AI Support Chat and any other informational or promotional material are provided for convenience and general guidance only, are not contractually binding, and are expressly superseded by the Official Documents. In the event of any conflict, inconsistency, omission or ambiguity, the Official Documents shall prevail and be final and controlling.",
        "order": "For funded-stage conflicts, the order of precedence is: Funded Trader Services Agreement; Account Schedule for expressly stated account-specific commercial terms; Funded Trader Rules; and these Terms of Use.",
        "purchaseConfig": "The configuration recorded in a confirmed Challenge or Instant Funded Account purchase, and the official order confirmation issued for it, are contractual records for that purchase and are not informational material. Generic examples, descriptions and marketing content do not override those recorded parameters.",
        "fundedRules": "These Terms remain applicable only within their scope and do not replace or amend the principal funded-stage documents merely through website publication or continued website use."
      },
      "payoutPublicity": {
        "definition": "“Trader Payout” means a payment of contractual performance-based remuneration made by ZoneX to a trader under a Funded Trader Arrangement. It does not include simulated Challenge balances or profits, a free retry, profits generated independently through personal exchange accounts, or commissions earned in the separate capacity of a ZoneX Partner.",
        "achievements": "Challenge completion and other evaluation achievements may be described as achievements, but qualifying simulated trading performance must not be represented as payments made by ZoneX.",
        "allTraders": "This Section applies to every User who participates in a ZoneX Funded Trader Arrangement and receives a Trader Payout, regardless of whether the User is also a ZoneX Partner or affiliate, whether the trading environment is simulated or uses ZoneX-owned proprietary capital, the type or size of Challenge completed or Instant Funded Account purchased, the size of the funded account, the amount of the Trader Payout, the payment method used, or the particular ZoneX programme through which the remuneration was earned."
      }
    },
    "fundedRulesLink": "Read the Funded Trader Rules"
  },
  "holidayBanner": {
    "greeting": "Happy Holidays from the ZoneX Team!",
    "greetingShort": "Happy Holidays!",
    "wishes": "Wishing you a prosperous New Year in 2026",
    "dismiss": "Dismiss holiday banner",
    "ariaLabel": "Holiday greetings banner"
  },
  "eligibility": {
    "blocked": {
      "title": "Service Unavailable",
      "description": "This service is not available in your location.",
      "message": "We're unable to provide this service in your region at this time.",
      "contact": "If you believe this is an error, please contact support."
    },
    "checkout": {
      "title": "Complete Your Purchase",
      "description": "Please confirm your details to proceed.",
      "orderSummary": "Order Summary"
    },
    "form": {
      "firstName": "First Name",
      "firstNamePlaceholder": "Enter your first name",
      "lastName": "Last Name",
      "lastNamePlaceholder": "Enter your last name",
      "email": "Email Address",
      "emailPlaceholder": "Enter your email address",
      "dateOfBirth": "Date of Birth",
      "dateOfBirthPlaceholder": "YYYY-MM-DD",
      "country": "Country of Residence",
      "countryPlaceholder": "Select your country",
      "countrySearch": "Search countries..",
      "noCountryFound": "No country found."
    },
    "attestations": {
      "eligibility": "I confirm that I am not a resident of, nor accessing this service from, a restricted jurisdiction, and I am not on any sanctions list.",
      "terms": "I have read and agree to the Terms of Use and Privacy Policy."
    },
    "errors": {
      "firstNameRequired": "First name is required",
      "firstNameTooShort": "First name must be at least 2 characters",
      "lastNameRequired": "Last name is required",
      "lastNameTooShort": "Last name must be at least 2 characters",
      "emailRequired": "Email is required",
      "emailInvalid": "Please enter a valid email address",
      "countryRequired": "Please select your country of residence",
      "eligibilityRequired": "You must confirm your eligibility to continue",
      "termsRequired": "You must accept the terms to continue",
      "dateOfBirthInvalid": "Please enter a valid date of birth"
    },
    "processing": "Processing..",
    "continueToPayment": "Continue to Payment",
    "total": "Total",
    "loading": "Checking availability.."
  },
  "challengeTerms": {
    "title": "Challenge Terms and Conditions",
    "titleHighlight": "",
    "lastUpdated": "Last updated: 22 September 2026",
    "keySummary": {
      "title": "Key Summary",
      "item1": "The Challenge is a single-phase, skill-based evaluation conducted with simulated funds under the parameters recorded for your purchase.",
      "item2": "Challenge participation and performance do not produce cash prizes, disbursements or withdrawable trading profits. The limited free retry in Section 12 provides another evaluation attempt only.",
      "item3": "The participation fee pays for the configured evaluation and is non-refundable except as provided in the applicable Refund Policy or required by applicable law.",
      "item4": "Passing the Challenge does not create any entitlement to trade company capital or receive remuneration. It makes you eligible for a separate funded-stage review only.",
      "item5": "Any later funded-stage relationship requires a separate ZoneX admission decision, confirmed by a second approver, and your acceptance of the Funded Trader Services Agreement, applicable Account Schedule and Funded Trader Rules before activation. Full identity verification must be completed no later than before the first Performance Remuneration payment, subject to earlier checks where required.",
      "structureLine": "Single-Phase Challenge · No Minimum Trading Days · No Time Limit · Static Maximum Drawdown · No Consistency Rule"
    },
    "riskWarning": {
      "title": "Critical: Position Risk Must Stay Within Remaining Drawdown",
      "p1": "Your position size and stop-loss imply a monetary risk. That risk, together with applicable trading and funding costs and the aggregate risk of your other open positions, must remain within your remaining daily-loss allowance and maximum-drawdown headroom.",
      "p2": "Committing more risk than the applicable headroom allows is a rule breach in its own right; it does not require price to move against you. The applicable validation and breach mechanics are set out in the Challenge Rules."
    },
    "section1": {
      "title": "1. Nature of the Challenge – Skill-Based Evaluation",
      "subtitle": "Nature of Service",
      "p1": "The Challenge is a professional evaluation and skills assessment designed to assess trading strategy, discipline and risk management within a simulated trading environment. These Challenge Terms govern that simulated, skill-based evaluation. They make no statement about, and no conclusion is drawn here regarding, the classification of the Challenge under gambling or money-games legislation in any jurisdiction.",
      "p2": "Participation in the Challenge is based exclusively on the participant's trading decisions and performance within a simulated environment. No element of randomness or chance is introduced by ZoneX."
    },
    "section2": {
      "title": "2. Participation Fee – Not a Stake",
      "subtitle": "Participation Fee",
      "p1": "The participation fee is a one-time service fee determined by the selected Challenge configuration and any purchased optional add-ons, as disclosed before purchase. It provides access to the applicable software tools, data and evaluation process and is non-refundable except as provided in the applicable Refund Policy or required by applicable law. The fee:",
      "item1": "does not constitute a stake, wager, or bet;",
      "item2": "is not risked in exchange for the prospect of a gain;",
      "item3": "is not pooled with fees of other participants;",
      "item4": "is not redistributed;",
      "item5": "is not used as trading capital; and",
      "item6": "does not itself create an entitlement to trading capital, cash prizes or performance remuneration.",
      "p2": "Payment provides access to the purchased evaluation services; it does not purchase a right to trading capital or performance remuneration. Any qualifying free retry is governed by Section 12."
    },
    "section3": {
      "title": "3. No Prize or Monetary Gain During the Challenge",
      "subtitle": "No Prize or Monetary Gain",
      "p1": "During the Challenge:",
      "item1": "no monetary prize is offered;",
      "item2": "no prize pool exists;",
      "item3": "no performance-based cash refund, cash credit or cash bonus is awarded;",
      "item4": "no ranking or competitive reward is provided; and",
      "item5": "no simulated Challenge profit is withdrawable or payable to the participant.",
      "p2": "Successful completion of the Challenge does not entitle the participant to any payment, prize, or monetary gain.",
      "p3": "The limited free retry described in Section 12 provides additional evaluation access only. It has no cash value, does not pay out simulated profits, does not refund the participation fee and does not guarantee approval for any subsequent account."
    },
    "section4": {
      "title": "4. No Competition or Ranking",
      "subtitle": "No Competition",
      "p1": "The Challenge is not a competition between participants. Participants are not ranked against one another, and no comparative rewards are offered. Performance thresholds are objective criteria designed solely for evaluation purposes."
    },
    "section5": {
      "title": "5. Separation from Any Funded Trader Arrangement",
      "subtitle": "Separate Contractual Relationship",
      "p1": "Successful completion of the Challenge does not automatically activate a Funded Trader Account and does not itself create any entitlement to capital, engagement, Performance Remuneration or another monetary or economic benefit. Passing makes the participant eligible for a separate funded-stage review, subject to:",
      "item1": "a Challenge-integrity review, eligibility review and compliance review;",
      "item2": "a separate admission decision by ZoneX;",
      "item3": "confirmation of that decision by a second ZoneX approver; and",
      "item4": "acceptance of the Funded Trader Services Agreement, applicable Account Schedule and Funded Trader Rules before funded-stage activation.",
      "p2": "If ZoneX separately approves admission to the Funded Trader Programme, the participant must accept the Funded Trader Services Agreement, the applicable Account Schedule and the Funded Trader Rules before the funded-stage Account Configuration is activated. ZoneX determines whether the trading environment is simulated or, where ZoneX separately elects, uses ZoneX-owned proprietary capital. The participant does not own or control the underlying capital.",
      "p3": "Any Performance Remuneration is governed by the funded-stage documents, not these Challenge Terms. Full identity verification and identity-based sanctions screening must be completed no later than before the first Performance Remuneration payment, unless earlier checks are required.",
      "p4": "The Challenge and any Funded Trader Arrangement are separate contractual stages and relationships."
    },
    "section6": {
      "title": "6. No Automatic Rights",
      "subtitle": "No Automatic Rights",
      "p1": "ZoneX determines, acting reasonably and on defined grounds, whether to admit a participant to a Funded Trader Arrangement, and each admission decision is confirmed by a second ZoneX approver. The grounds are the published Challenge requirements, eligibility requirements, identity verification and sanctions screening, fraud, manipulation or abuse concerns, platform, trading-integrity or security concerns, capital availability and material breach of the applicable agreement. Completion of the Challenge does not create a claim, entitlement or expectation of payment. Eligibility for review is personal, cannot be sold, transferred or redeemed, and has no cash value. Any decision may be challenged through the Complaints Procedure and remains subject to mandatory law."
    },
    "section7": {
      "title": "7. No Pooling of Funds",
      "subtitle": "No Pooling of Funds",
      "p1": "Participation fees are not pooled or redistributed among participants. ZoneX does not operate any prize fund or redistribution mechanism in connection with the Challenge."
    },
    "section8": {
      "title": "8. Simulated Funds",
      "subtitle": "Simulated Funds",
      "p1": "All trading during the Challenge occurs in a simulated environment using notional funds. No real capital is provided to participants during the Challenge. Simulated balances are not money, have no monetary value and are not owned by the participant."
    },
    "section9": {
      "title": "9. Characterisation of the Service",
      "subtitle": "Characterisation of the Service",
      "p1": "The parties acknowledge that the Challenge is structured and offered as a professional evaluation service delivered in a simulated environment. This document makes no statement regarding the classification of the Challenge under gambling or money-games legislation in any jurisdiction."
    },
    "section10": {
      "title": "10. Challenge Configuration and Evaluation Rules",
      "c1Subtitle": "10.1 Purchased Challenge Configuration",
      "c1P1": "Your Challenge is governed by these Terms, the applicable Challenge Rules and the configuration recorded for your purchase. Available selections include simulated initial account balance, maximum total drawdown, maximum daily loss, profit target, maximum leverage and performance split, within the supported configuration limits. Your purchase also records whether the optional Pre-Violation Warning is included. Customization takes place before purchase and does not permit these parameters to be freely changed during an active Challenge.",
      "c1P2": "Where preset configurations are offered, they are optional starting points. The final parameters recorded for your purchase govern your Challenge.",
      "c2Subtitle": "10.2 Single-Phase Evaluation and Completion",
      "c2P1": "Every ZoneX Challenge consists of one simulated evaluation phase. There is no second trading evaluation phase, no minimum number of trading days and no maximum completion time. The evaluation may be completed once the selected profit target and all applicable published Challenge requirements have been satisfied and verified.",
      "c2P2": "A separate funded-stage eligibility and integrity review, ZoneX admission decision and second approval, acceptance of the funded-stage documents and any required verification are not a second trading evaluation phase.",
      "c3Subtitle": "10.3 Static Maximum Drawdown",
      "c3P1": "The Initial Account Balance is the simulated starting balance allocated to your Challenge. The Maximum Drawdown Floor is calculated from that balance and your selected maximum drawdown percentage. It remains fixed throughout the Challenge and does not trail balance or equity, rise with profits, or recalculate at the daily reset.",
      "c3Formula": "Maximum Drawdown Floor = Initial Account Balance × (1 − Selected Maximum Drawdown Percentage)",
      "c3P2": "Illustration only: a $100,000 initial balance with 10% maximum drawdown produces a fixed $90,000 floor. If the account grows to $105,000, the floor remains $90,000, including after the daily reset. The percentage used in this example is not a universal setting.",
      "c4Subtitle": "10.4 Daily Loss Is a Separate Control",
      "c4P1": "The daily-loss limit uses the selected daily-loss percentage and the applicable daily reference specified in the Challenge Rules. Its daily reference resets at 02:00 Europe/Zurich. This reset does not change the static Maximum Drawdown Floor.",
      "c4P2": "The treatment of realized losses, unrealized losses, fees and committed risk is as set out in the Challenge Rules. Static total drawdown and daily-loss controls use different reference mechanics; not every percentage-based limit is calculated from the initial balance.",
      "c5Subtitle": "10.5 No Profit-Distribution Consistency Rule",
      "c5P1": "There is no best-day profit cap or requirement to spread Challenge profits across a minimum number of trading days. The selected profit target, applicable risk limits and prohibited-practice rules must still be satisfied.",
      "c6Subtitle": "10.6 Selected Performance Split",
      "c6P1": "The performance split selected for a Challenge may be used as the remuneration percentage recorded in an Account Schedule if ZoneX later approves admission. It does not make simulated Challenge profits withdrawable or create an automatic entitlement to an arrangement, capital, engagement or payment.",
      "c7Subtitle": "10.7 Optional Pre-Violation Warning",
      "c7P1": "Where included in your purchase, the optional Pre-Violation Warning provides notifications designed to flag potentially rule-breaching actions before you proceed. It does not change the applicable rules or guarantee protection against every breach. The absence of a warning does not confirm that an action is compliant. The add-on price is the price disclosed to you before purchase.",
      "c8Subtitle": "Additional Controls",
      "c8P1": "A stop-loss remains mandatory on every position, and the trading controls published in the applicable Challenge Rules continue to apply to your Challenge alongside the parameters recorded for your purchase.",
      "c8P2": "Challenges purchased under earlier published parameters continue to be governed by the terms applicable at the time of that purchase.",
      "c8P3": "All other terms and conditions set forth in these Challenge Terms apply equally to every Challenge configuration. Successful completion does not create any entitlement to trade company capital or receive remuneration, as described in Sections 5 and 6."
    },
    "section10a": {
      "title": "10a. Stop-Loss Distance and Liquidation",
      "p1": "A Challenge is conducted with simulated funds: a liquidation event during a Challenge is a simulated liquidation of a simulated position, not an actual position liquidated by an exchange. For leveraged configurations, the applicable liquidation distance is derived from the execution venue's published margin requirements for that instrument, leverage and position size, and is not set by ZoneX. A stop-loss order may not be placed further from the entry price than 90% of that distance. Placement or modification of a stop-loss exceeding this limit, and any change of leverage causing an existing position to exceed it, constitute a breach, and the account is terminated. This liquidation-distance restriction applies to leveraged configurations; an unleveraged Spot configuration has no leveraged liquidation threshold. Where a venue does not publish its risk-limit ladder, a conservative estimate of the liquidation distance is applied and is identified as an estimate where displayed. A simulated liquidation of a position constitutes an independent and unconditional breach, irrespective of any drawdown threshold.",
      "p2": "An immediate account failure does not prevent the participant from challenging an erroneous determination through the Complaints Procedure."
    },
    "section11": {
      "title": "11. Challenge Validity, Non-Transferability, and Rule-Change Lock",
      "subtitle": "",
      "validitySubtitle": "Activation and Validity Period",
      "validityP1": "A purchased Challenge must be activated within thirty (30) days of the date of purchase by completing the ZoneX account setup required for the simulated Challenge. Challenges not activated within this window may be forfeited without refund. This is a deadline to activate an unused purchase; it is not a deadline to complete an activated evaluation. Every ZoneX Challenge consists of one evaluation phase only, has no minimum number of trading days and no maximum time to complete, but the account must remain in continuous compliance with all rules.",
      "validityP1b": "Challenge participation does not require connecting a personal exchange account or supplying personal exchange API keys. Trading takes place through the ZoneX Terminal in the simulated environment for the selected supported exchange.",
      "nonTransferSubtitle": "Non-Transferability",
      "nonTransferP1": "Challenges, subscriptions, free retries, promotional discounts and any associated benefits are personal to the purchaser named on the order. They are non-transferable and may not be sold, assigned, gifted, sub-licensed, shared or otherwise transferred to any other person or entity, whether for consideration or otherwise. Any attempt to transfer is void and constitutes a material breach entitling ZoneX AG to terminate the account without refund.",
      "ruleLockSubtitle": "Rule-Change Lock for Active Challenges",
      "ruleLockP1": "The Challenge rules in force on the date of your purchase (including Daily Drawdown, Total Drawdown, profit targets, and the Stop-Loss requirement) will govern that specific Challenge until it is passed, failed, or otherwise terminated under the applicable published terms, and no later rule change will apply retroactively to disadvantage you within that Challenge, save for changes required by applicable law, sanctions, or fraud, security, and market-integrity measures, which may take effect immediately. Rule changes announced by ZoneX AG apply to Challenges purchased after the effective date of the change. Rule changes affecting a Funded Trader Arrangement are governed by the Funded Trader Services Agreement and the Funded Trader Rules."
    },
    "section16": {
      "title": "12. Free Retry Eligibility",
      "subtitle": "Free Retry Policy",
      "p1": "A free retry is granted if your realized profit reached at least 5% at any point during the Challenge — even if the account subsequently breaches the daily-loss limit, maximum drawdown, or otherwise fails to complete the Challenge. Realized profit is measured on closed, filled trades; an unrealized equity high-water mark that is later given back does not qualify.",
      "p1b": "ZoneX may deny a retry for fraud, manipulation, exploitation, abuse or intentional rule circumvention.",
      "p2": "The free retry will create a new Challenge account with the same account size and rules. All trading history, profit, loss, and statistics from the previous Challenge will be cleared.",
      "p3": "Each Challenge purchase is eligible for one free retry only.",
      "p3b": "The free retry applies only to the same purchased Challenge configuration and account size as the original purchase and is non-transferable.",
      "p4": "The free retry has no cash value and cannot be redeemed, refunded, exchanged for money or credited against any other purchase.",
      "p4b": "The free retry is not available for Challenge purchases where any promotional discount, coupon code, or other promotional offer was applied at the time of purchase."
    },
    "sectionFunded": {
      "title": "13. Funded Trader Arrangements Are Governed Separately",
      "subtitle": "Funded-Stage Matters",
      "p1": "These Challenge Terms govern only the Challenge stage. Passing does not create a funded-trader relationship. If ZoneX separately approves admission, the participant must accept the Funded Trader Services Agreement, applicable Account Schedule and Funded Trader Rules before activation. Funded-stage Performance Remuneration, verification, trading and termination matters are governed by those funded-stage documents, not these Challenge Terms.",
      "agreementLinkText": "Read the Funded Trader Services Agreement",
      "rulesLinkText": "Read the Funded Trader Rules",
      "linkText": "Read the Funded Trader Rules"
    },
    "section18": {
      "title": "14. Order of Precedence — These Terms Supersede FAQs",
      "subtitle": "Official documents control",
      "p1": "These Challenge Terms & Conditions, together with the Challenge Rules, the Terms of Use, the Refund Policy and any other official ZoneX agreement or policy, constitute the binding terms governing your participation in the Challenge. Any Funded Trader Arrangement is governed by the Funded Trader Services Agreement, the applicable Account Schedule and the Funded Trader Rules.",
      "p2": "Frequently Asked Questions (FAQs), glossary entries, blog articles, marketing materials, emails and the AI Support Chat are provided for convenience and general guidance only and are not contractually binding.",
      "p3": "In the event of any conflict, inconsistency, omission or ambiguity between such informational content and these Challenge Terms & Conditions or the Challenge Rules, these Challenge Terms & Conditions and the Challenge Rules shall prevail and supersede the FAQs and all other informational content.",
      "p4": "The parameters recorded in the confirmed Challenge purchase form part of the terms for that Challenge. Generic examples or descriptions do not override those recorded parameters. The configuration does not displace the applicable eligibility requirements, prohibited-practice rules or other general contractual protections."
    }
  },
  "affiliateAgreement": {
    "pageTitle": "Partner Independent Contractor Agreement — ZoneX AG",
    "title": "Partner Independent Contractor Agreement",
    "version": "Version 1.11",
    "effectiveDate": "Effective Date: 14 September 2026",
    "s1_title": "1. Parties",
    "s1_p1": "This Partner Independent Contractor Agreement (\"Agreement\") is entered into between:",
    "s1_p2_company": "ZoneX AG, CHE-192.381.383, a Swiss stock corporation (AG) with registered office in Zug, Switzerland, having its registered address at c/o STAX AG, Bahnhofstrasse 21, 6300 Zug, Switzerland (\"Company\"),",
    "s1_p3": "and",
    "s1_p4": "any individual or entity registering as a partner on the Company's platform (\"Partner\").",
    "s1_p5": "By accepting this Agreement electronically and registering as a Partner, the Partner agrees to be bound by its terms.",
    "s1_definitions_title": "Definitions",
    "s1_definitions_intro": "For purposes of this Agreement:",
    "s1_p6": "\"Partner Program\" means the Company's affiliate and referral program as made available through the ZoneX platform from time to time, including without limitation the commission structure, tracking systems, referral mechanisms, dashboard functionality, Partner Guidelines, and any related tools, policies, or features provided by the Company.",
    "s1_p7": "References to the Company's \"reasonable discretion\" shall mean discretion exercised in good faith and on a commercially reasonable basis.",
    "s2_title": "2. Relationship",
    "s2_p1": "The Partner acts as an independent contractor.",
    "s2_p2": "Nothing in this Agreement creates:",
    "s2_list1": [
      "employment",
      "partnership",
      "joint venture",
      "fiduciary relationship"
    ],
    "s2_p3": "The Partner has no authority to bind the Company.",
    "s2_p4": "The term \"Partner\" is used solely for commercial or marketing purposes and does not imply any legal partnership.",
    "s3_title": "3. Scope of Activities",
    "s3_p1": "The Partner will:",
    "s3_list1": [
      "promote ZoneX using their audience and channels",
      "use their unique referral link and/or code",
      "create and publish content (videos, posts, reviews, etc.)"
    ],
    "s3_p2": "The Partner has discretion over content style, subject to this Agreement.",
    "s3_p3": "The Company makes no representation or guarantee regarding the level of income or commissions that may be earned by the Partner.",
    "s3_p4": "This Agreement is non-exclusive and the Partner is free to promote other products or services, subject to compliance with this Agreement.",
    "s3a_title": "3A. Promotional Challenges and Funded Accounts",
    "s3a_p1": "The Company may, in its sole discretion, provide the Partner with one or more complimentary ZoneX Challenge accounts, evaluation accounts, funded accounts, or other promotional benefits (collectively, \"Promotional Benefits\") for marketing, evaluation, demonstration, or partnership development purposes.",
    "s3a_p2": "Promotional Benefits are discretionary and conditional benefits and do not constitute Partner Commissions or any vested contractual entitlement.",
    "s3a_p3": "The Company may suspend, revoke, cancel, or terminate any Promotional Benefit, with or without notice, if:",
    "s3a_list1": [
      "(a) the Partner ceases communication with the Company for a period the Company reasonably considers excessive;",
      "(b) the Partner fails to commence or continue promotional activities within a reasonable period requested by the Company;",
      "(c) the Company reasonably determines that the intended commercial relationship is no longer progressing;",
      "(d) the Partner breaches this Agreement or the Platform Terms; or",
      "(e) the Company otherwise determines, acting in good faith and on commercially reasonable grounds, that continuation of the Promotional Benefit is no longer appropriate."
    ],
    "s3b_title": "3B. Complimentary Promotional Challenges",
    "s3b_p1": "The Company may, in its discretion, provide the Partner with a Challenge free of charge as a conditional Promotional Benefit for the purpose of generating genuine, high-quality promotional coverage (a “Complimentary Challenge”). The Company may specify in writing the applicable content, platforms, frequency, timing, tagging, disclosures, reporting, analytics, and other promotional requirements (the “Promotional Requirements”). Unless otherwise agreed in writing, the Partner must document and share the material stages of its Complimentary Challenge journey with its audience, including its commencement, meaningful progress and outcome.",
    "s3b_p2": "Unless otherwise expressly agreed in writing, a Complimentary Challenge is a genuine, qualifying ZoneX evaluation Challenge—not a demonstration-only or non-qualifying account—and is conducted under the same trading rules, evaluation criteria and technical conditions applicable to a paid Challenge of the same type and account size.",
    "s3b_p3": "If the Company determines in its reasonable discretion that the Partner has materially failed to satisfy the Promotional Requirements—including by failing to publish agreed content, providing incomplete or materially substandard coverage, removing content prematurely, failing to document material stages of the Complimentary Challenge journey to a professional standard, or providing false, incomplete or unverifiable information—the Company may refuse to provide or activate a Funded Account, regardless of whether the Partner otherwise passed the Complimentary Challenge.",
    "s3b_p4": "If a Funded Account has already been provided, the Company may suspend, withdraw, cancel or terminate that Funded Account and withhold or permanently refuse, in whole or in part, any unpaid payout, profit share, reward, or other trading-related payment arising from it. This applies even if the Partner otherwise satisfied the applicable trading-performance or payout criteria. Providing or activating a Funded Account does not waive the Company’s rights where a failure to comply is subsequently discovered.",
    "s3b_p5": "The Company may, in its reasonable discretion, permit the Partner to remedy a failure. The Company is not required to provide an opportunity to remedy where the promotional timing or commercial opportunity has passed, the failure cannot reasonably be corrected, or the failure involved dishonesty, manipulation, or materially misleading conduct.",
    "s4_title": "4. Commission Structure",
    "s4_p1": "The Company shall pay the Partner commissions in accordance with this Section 4 and the commission structure agreed between the Company and the Partner from time to time. The Partner's agreed commission percentage is the Partner's \"Commission Rate\". The Commission Rate is a base rate: the actual commission payable on a particular Qualifying Purchase may depend on the ZoneX product or service purchased, as set out in this Section.",
    "s4_p2": "The applicable commission rates, revenue share, bonuses, promotional incentives, or other compensation arrangements may be agreed in any written form, including by email, messaging applications (including Telegram, WhatsApp, Slack, or similar platforms), the Partner Dashboard, the Company's website, or any other written communication issued or approved by the Company.",
    "s4_p_multiplier": "\"Commission Multiplier\" means the percentage of the Partner's Commission Rate that applies to a particular ZoneX product or product category. The commission payable on a Qualifying Purchase is calculated by applying the Commission Multiplier for the relevant product or service to the Partner's Commission Rate.",
    "s4_p_challenge": "ZoneX Challenges are currently subject to a 100% Commission Multiplier. Accordingly, by way of example, if a Partner has a 25% Commission Rate, a qualifying Challenge purchase generates a commission equal to 25% of the applicable net revenue.",
    "s4_p_new_products": "The Company may establish different Commission Multipliers for other products or services, including new products or product categories introduced from time to time. Before a different Commission Multiplier applies to a product or service, the Company shall communicate the applicable Commission Multiplier to the Partner in writing through one of the communication methods described in this Section. Establishing a Commission Multiplier for a product or product category does not in itself change the Partner's underlying Commission Rate, and the Partner's existing Commission Rate does not automatically entitle the Partner to 100% of that rate on every ZoneX product or service. The applicable Commission Multiplier for a new product must be established and communicated before commissions on that product become payable.",
    "s4_p3": "Unless otherwise expressly agreed in writing, commissions apply only to:",
    "s4_list2": [
      "completed, valid, non-refunded purchases;",
      "users properly attributed to the Partner in accordance with the Company's tracking system; and",
      "net revenue actually received by the Company after refunds, chargebacks, payment processing reversals, taxes collected on behalf of governmental authorities, and other transaction reversals."
    ],
    "s4_p_def": "A \"Qualifying Purchase\" means a completed payment for a ZoneX product or service that is not refunded, reversed, disputed, fraudulent, or otherwise determined by the Company to be invalid.",
    "s4_p_modify": "The Company may modify its products, pricing, commission programs, or promotional offerings from time to time. Unless otherwise agreed in writing, commissions shall be calculated based on the commission arrangement and pricing applicable at the time the Qualifying Purchase is made.",
    "s4_p_binding": "No commission arrangement shall be binding unless confirmed by the Company in writing through one of the communication methods described in this Section.",
    "s5_title": "5. Attribution Model",
    "s5_p1": "Attribution is based on:",
    "s5_list1": [
      "referral link tracking",
      "account-based assignment"
    ],
    "s5_p2": "A user is attributed to the Partner when:",
    "s5_list2": [
      "they register through the Partner's link, or",
      "they are otherwise assigned to the Partner by the Company's system"
    ],
    "s5_p_attr_single": "Single Partner Attribution. Each user account may be attributed to only one Partner. Once a user has been attributed to a Partner, subsequent use of another Partner's referral link or referral code shall not change that attribution unless otherwise determined by the Company in the case of manifest error, system malfunction, fraud, or abuse.",
    "s5_p_attr_code": "Referral Code Attribution. A user may also be attributed to a Partner by entering or applying the Partner's referral code after registration where such functionality is permitted by the Company's system.",
    "s5_p_discounts": "Discounts and Promotional Codes. The use of a promotional or discount code other than the referring Partner's code shall not affect the user's existing Partner attribution. Any discount associated with a Partner referral link or code may be replaced by another valid promotional or discount code applied at checkout. Promotional and discount codes may not be combined or stacked unless expressly permitted by the Company.",
    "s5_p_complimentary": "Complimentary Challenges. Free, complimentary, or otherwise non-revenue-generating Challenges, products, or services do not constitute Qualifying Purchases and generate no commission.",
    "s5_p3": "The Company's tracking system shall determine attribution, and such determination shall be final and conclusive absent manifest error or demonstrable system malfunction, as determined by the Company acting in good faith.",
    "s6_title": "6. Payout Terms",
    "s6_p1": "Payouts are made monthly within fifteen (15) days after period end, subject to a minimum threshold of $200. Any delay shall be limited to reasonable verification or compliance requirements.",
    "s6_p2": "Payment method: Partner's crypto account to be provided by Partner separately by email to",
    "s6_p3": "The Company may adjust or withhold commissions only where reasonably required due to refunds, chargebacks, suspected abuse, or verification requirements.",
    "s6_p4": "The Partner agrees to provide any identification, verification, or compliance documentation reasonably requested by the Company, including KYC/AML information. Failure to provide such information may result in suspension of payouts and/or termination of this Agreement. The Company may require completion of KYC/AML verification as a condition to any payout.",
    "s6_p5": "The Company may offset any amounts owed to the Partner against any amounts due from the Partner, including in connection with refunds, chargebacks, or breaches of this Agreement.",
    "s6_p6": "Payment may be made in USD or USDT, as determined by the Company.",
    "s6_p7": "The Partner shall not be entitled to set off any amounts against commissions payable by the Company.",
    "s6_p8": "The Partner is solely responsible for any taxes, duties, or other governmental charges arising from payments received under this Agreement. The Company shall have no responsibility for withholding or reporting taxes on behalf of the Partner, except as required by applicable law.",
    "s6_p9": "Payments made by the Company and not disputed in writing within thirty (30) days of receipt shall be deemed final and accepted.",
    "s7_title": "7. Content & Conduct Requirements",
    "s7_p1": "The Partner must:",
    "s7_list1": [
      "not make false or misleading statements",
      "not guarantee profits or earnings",
      "clearly present ZoneX as a trading evaluation platform and not as an investment service, financial product, or guaranteed income opportunity",
      "comply with applicable laws, advertising regulations, and the Platform Terms"
    ],
    "s7_p2": "The Company may provide branding guidelines or examples, which the Partner agrees to follow where provided.",
    "s7_prohibited": "Prohibited:",
    "s7_list2": [
      "spam",
      "fake traffic",
      "self-referrals",
      "misleading marketing"
    ],
    "s7_p3": "The Partner shall not attempt to circumvent the Company's tracking systems, redirect users outside official channels, or otherwise interfere with attribution or revenue tracking.",
    "s7_p4": "The Partner shall review and familiarize themselves with the ZoneX Challenge Rules, Challenge Terms & Conditions, Terms of Use, and any related platform rules (collectively, the \"Platform Terms\") prior to promoting ZoneX.",
    "s7_p5": "The current version of the Platform Terms is available on the Company's website at {{link}}. The Company may update such terms at its sole discretion from time to time, and continued participation in the Partner Program constitutes acceptance of the updated terms. Non-compliance with the Platform Terms shall constitute a breach of this Agreement.",
    "s7_p6": "The Partner agrees to present the platform, its rules, limitations, and conditions accurately and shall not omit material information that would affect a user's understanding of the service.",
    "s7_p7": "The Partner shall not misrepresent challenge requirements, risk parameters, payout conditions, or the nature of the evaluation process.",
    "s7_p8": "In the event of any inconsistency between promotional content and the Platform Terms, the Platform Terms shall prevail.",
    "s7_p9": "The Company may require removal or modification of any content that it reasonably considers inaccurate, misleading, or non-compliant.",
    "s7_p10": "The Partner is solely responsible for the content they publish and any claims made therein.",
    "s7_p11": "The Partner shall promptly comply with any request by the Company under this section.",
    "s7_p12": "The Partner shall ensure that all promotional content is compliant with applicable advertising, financial promotion, and consumer protection laws in any jurisdiction in which such content is distributed.",
    "s7_p13": "The Partner shall not target or direct marketing to jurisdictions where such promotion would be restricted or unlawful.",
    "s7_p14": "Where required by applicable law or best practice, the Partner shall include appropriate disclaimers, including that trading involves risk and that ZoneX does not provide investment advice.",
    "s7_p15": "The Company may require the Partner to include specific wording or disclaimers in promotional materials.",
    "s7_p16": "The Partner agrees to comply with the ZoneX Partner Guidelines, as made available on the Company's website, and as updated from time to time. The Partner is responsible for regularly reviewing the Platform Terms and the Partner Guidelines as updated from time to time. Non-compliance with either shall constitute a breach of this Agreement.",
    "s7_p16_before": "The Partner agrees to comply with the ",
    "s7_p16_link": "ZoneX Partner Guidelines",
    "s7_p16_after": ", as made available on the Company's website, and as updated from time to time. The Partner is responsible for regularly reviewing the Platform Terms and the Partner Guidelines as updated from time to time. Non-compliance with either shall constitute a breach of this Agreement.",
    "s7_p17": "The Company may modify such guidelines at its sole discretion, and continued participation in the Partner Program constitutes acceptance of the updated guidelines.",
    "s7_p18": "The Partner shall not, during the term of this Agreement, engage in any activity intended to redirect or divert users acquired through the Partner Program to competing services in a manner that circumvents the Company's tracking or revenue model.",
    "s7_streaming_title": "Streaming Partner Requirements",
    "s7_streaming_p1": "Any Partner participating in the Partner Program through livestreaming, recorded trading streams, or substantially similar video content (a “Streaming Partner”) shall comply with the following requirements as a condition of maintaining Streaming Partner status:",
    "s7_streaming_a_label": "(a) Mandatory Use of ZoneX Platform.",
    "s7_streaming_a": " During any stream or video presented as ZoneX-related Partner activity, the Streaming Partner shall use the ZoneX trading platform for the relevant trading activity. The ZoneX platform shall be clearly and reasonably visible to viewers during material portions of the stream.",
    "s7_streaming_b_label": "(b) Mandatory ZoneX Branding.",
    "s7_streaming_b": " The Streaming Partner shall prominently display on the principal viewing screen or other highly visible area of the stream:",
    "s7_streaming_b_list": [
      "(i) the ZoneX name and/or ZoneX logo;",
      "(ii) the Streaming Partner's unique ZoneX referral link, referral code, or other attribution mechanism designated by the Company; and",
      "(iii) a short description of ZoneX approved by the Company or consistent with the Company's then-current brand and marketing guidelines."
    ],
    "s7_streaming_b_p2": "Such information must be displayed in a size, location, and manner reasonably calculated to be readily visible and understandable to viewers and shall not be deliberately obscured, minimized, or placed in an area where viewers would not ordinarily see it.",
    "s7_streaming_b_p3": "The Company may issue or modify reasonable brand, placement, disclosure, and presentation requirements from time to time, and continued participation as a Streaming Partner shall be subject to compliance with such requirements.",
    "s7_streaming_c_label": "(c) Minimum Streaming Activity.",
    "s7_streaming_c": " Unless otherwise agreed or waived by the Company in writing, each Streaming Partner shall complete a minimum of ten (10) hours of Qualifying Streaming Activity during each calendar week.",
    "s7_streaming_c_p2": "“Qualifying Streaming Activity” means bona fide livestreaming or comparable video activity that materially features, demonstrates, discusses, or promotes ZoneX and, where trading activity is shown, uses the ZoneX trading platform.",
    "s7_streaming_c_p3": "The minimum streaming requirement constitutes a condition of eligibility for continued participation as a Streaming Partner and for continued eligibility to earn revenue-share compensation, commissions, Promotional Benefits, and other benefits associated with Streaming Partner status.",
    "s7_streaming_c_p4": "Failure to satisfy the minimum streaming requirement may, at the Company's reasonable discretion, result in warning, suspension, reclassification, modification of the Partner's revenue-share or commission terms with respect to future referrals, suspension of eligibility to earn additional compensation, withdrawal of Promotional Benefits, or termination from the Partner Program.",
    "s7_streaming_c_p5": "The Company may waive, reduce, modify, or suspend the minimum streaming requirement for any Streaming Partner without being required to extend equivalent treatment to any other Partner.",
    "s7_streaming_c_p6": "For the avoidance of doubt, the minimum streaming requirement is a contractual eligibility requirement of the Partner Program and does not prescribe the Streaming Partner's working hours or create an employment relationship. Subject to the requirements of this Agreement, the Streaming Partner independently determines when, where, and how the Streaming Partner conducts its activities.",
    "s7_streaming_d_label": "(d) Streaming Performance and Audience Metrics.",
    "s7_streaming_d": " In addition to the minimum streaming activity requirements set out above, the Company may evaluate a Streaming Partner's continued eligibility, Partner classification, commission or revenue-share level, Promotional Benefits, and other Partner benefits by reference to the Streaming Partner's actual audience reach, viewership, engagement, and performance.",
    "s7_streaming_d_p2": "For livestreaming platforms, including Twitch, Kick, YouTube Live, and substantially similar platforms, the Company may consider metrics including Average Concurrent Viewers (“ACV”), average returning viewers or equivalent returning-viewer metrics, peak concurrent viewers, total minutes watched, unique viewers, unique chatters, follower or subscriber growth, engagement, referral traffic, registrations, conversions, and any other reasonably relevant audience or performance metric made available by the applicable platform.",
    "s7_streaming_d_p3": "No particular audience metric guarantees continued participation in the Partner Program or eligibility for any particular commission rate, revenue share, Promotional Benefit, or other Partner benefit.",
    "s7_streaming_d_p4": "The Company may establish or modify reasonable minimum audience, engagement, or performance requirements applicable to Streaming Partners or particular categories of Streaming Partners from time to time.",
    "s7_streaming_e_label": "(e) Mandatory Streaming Analytics Reporting.",
    "s7_streaming_e": " Upon request by the Company, and in any event where the Company has notified the Streaming Partner that reporting is required for a particular stream, campaign, promotional period, or Partner arrangement, the Streaming Partner shall provide the Company with reasonably verifiable analytics relating to the applicable ZoneX-related streaming activity within seventy-two (72) hours following completion of the relevant stream or the Company's request, as applicable.",
    "s7_streaming_e_p2": "The required analytics shall include, to the extent available through the applicable streaming platform:",
    "s7_streaming_e_list": [
      "(i) Average Concurrent Viewers (“ACV”);",
      "(ii) total minutes watched;",
      "(iii) unique chatters;",
      "(iv) peak concurrent viewers;",
      "(v) returning viewers or the applicable platform's equivalent returning-viewer metric; and",
      "(vi) such other reasonably relevant audience, engagement, traffic, or performance metrics as the Company may request."
    ],
    "s7_streaming_e_p3": "The Streaming Partner shall provide such information through a live dashboard screen-share with the Company, an official Media Kit or analytics export generated by the applicable streaming platform, or another verifiable method approved by the Company.",
    "s7_streaming_e_p4": "The Company may require the Streaming Partner to display the applicable platform dashboard or analytics interface during a live screen-share where reasonably necessary to verify the authenticity, completeness, or accuracy of reported metrics.",
    "s7_streaming_e_p5": "The Streaming Partner shall not manipulate, falsify, selectively alter, materially omit, or misrepresent streaming analytics or audience data provided to the Company.",
    "s7_streaming_e_p6": "The Company may reasonably rely upon the analytics and information supplied by the Streaming Partner in determining the Partner's eligibility, classification, commission or revenue-share terms, Promotional Benefits, continuation in the Partner Program, and compliance with this Agreement.",
    "s7_streaming_f_label": "(f) Failure to Provide or Verify Streaming Analytics.",
    "s7_streaming_f": " Failure or refusal to provide required analytics within the applicable seventy-two (72) hour period, provision of materially incomplete or unverifiable information, refusal to reasonably cooperate with verification, or manipulation or falsification of streaming analytics shall constitute a failure to satisfy the Streaming Partner requirements under this Agreement.",
    "s7_streaming_f_p2": "The Company may, at its reasonable discretion, respond to such failure by warning the Streaming Partner, requiring additional verification, suspending Promotional Benefits, suspending or reclassifying the Streaming Partner, modifying commission or revenue-share terms with respect to future referrals, suspending eligibility to earn additional compensation, or terminating the Partner's participation in the Partner Program.",
    "s7_streaming_f_p3": "Intentional falsification, manipulation, fabrication, or fraudulent misrepresentation of audience or streaming analytics may be treated as fraud or abuse under Section 10 and may constitute grounds for immediate termination.",
    "s7_support_title": "Company Educational and Platform Support",
    "s7_support_p1": "The Company may provide Partners with reasonable onboarding, education, consultation, and support concerning the ZoneX platform, including its functionality, features, products, services, competitive characteristics, differentiating features, and potential advantages.",
    "s7_support_p2": "The Company may provide approved marketing materials, product descriptions, talking points, demonstrations, brand assets, and other information intended to assist Partners in accurately understanding and presenting ZoneX.",
    "s7_support_p3": "The Company may require a Partner to correct, remove, or discontinue any statement, representation, or content concerning ZoneX that the Company reasonably determines to be inaccurate, misleading, outdated, unlawful, inconsistent with the Company's current products, services, policies, Platform Terms, or Partner Guidelines, or potentially harmful to the ZoneX brand.",
    "s7_support_p4": "Any information supplied by the Company for these purposes is educational, informational, or promotional in nature and does not constitute financial, investment, or trading advice or any representation or guarantee regarding trading performance or results.",
    "s8_title": "8. Partner Activity and Inactivity",
    "s8_p1": "Partners are expected to maintain meaningful and ongoing promotional activity throughout their participation in the Partner Program.",
    "s8_p2": "For Partners whose principal promotional activities consist of social-media posts, written content, photographs, graphics, community posts, articles, messages, or other non-streaming promotional activity (“Publishing Partners”), a Partner shall be considered “Active” where the Partner regularly undertakes bona fide promotional activity reasonably intended to promote ZoneX, generate awareness of ZoneX, direct prospective customers to ZoneX, or otherwise support the objectives of the Partner Program.",
    "s8_p3": "Without limiting the Company's discretion to evaluate activity based on the circumstances, a Publishing Partner who conducts no meaningful ZoneX-related promotional activity for thirty (30) consecutive days shall be presumed inactive unless the Company has agreed otherwise in writing.",
    "s8_p4": "In determining whether a Partner remains Active, the Company may consider the frequency, quality, and relevance of publications; audience reach and engagement; referral-link activity; traffic; registrations; conversions; responsiveness to Company communications; and other reasonably relevant factors.",
    "s8_p5": "The Company may establish or modify reasonable minimum activity requirements for particular Partner categories, platforms, campaigns, or compensation levels from time to time.",
    "s8_p6": "If the Company determines that a Partner has become inactive or has failed to maintain a commercially reasonable level of participation, the Company may, at its reasonable discretion, warn, suspend, reclassify, or terminate the Partner or modify the Partner's eligibility for future commissions, revenue share, Promotional Benefits, or other benefits.",
    "s8_p7": "For Streaming Partners, the specific minimum activity requirements contained in Section 7 shall apply in addition to this Section.",
    "s9_title": "10. Fraud & Abuse",
    "s9_p1": "The Company may:",
    "s9_list1": [
      "temporarily suspend the Partner account and/or access to the platform",
      "reverse commissions",
      "terminate this Agreement"
    ],
    "s9_p2": "if it determines, based on reasonable assessment:",
    "s9_list2": [
      "fraudulent activity",
      "self-referrals",
      "artificial traffic",
      "abuse of the system"
    ],
    "s9_p3": "The Company's determination under this section shall be made in its reasonable discretion.",
    "s9_p4": "The Partner shall not bid on or purchase advertisements using the Company's name, trademarks, or confusingly similar terms without prior written consent.",
    "s9_p5": "The Company may withhold commissions where traffic or user acquisition is of low quality, non-genuine, or not commercially reasonable, as determined in its reasonable discretion.",
    "s9_p6": "The Company may adjust or reject commissions where transaction patterns indicate abuse of pricing, promotions, or system mechanics, even if not explicitly listed as prohibited conduct.",
    "s10_title": "11. Term and Termination",
    "s10_p1": "This Agreement continues until terminated by either party.",
    "s10_p2": "The Company may terminate this Agreement:",
    "s10_forCause": "For cause",
    "s10_forCause_desc": ", with immediate effect, including but not limited to:",
    "s10_forCause_list": [
      "breach of this Agreement",
      "fraud, abuse, or manipulation of the system",
      "misleading or non-compliant marketing",
      "violation of applicable laws, the Platform Terms, the Partner Guidelines, or any other rules, policies, or requirements governing the Partner Program, as updated from time to time."
    ],
    "s10_forInactivity": "For inactivity",
    "s10_forInactivity_desc": " or failure to satisfy the applicable Partner activity requirements under Section 7 or Section 8",
    "s10_forConvenience": "For convenience",
    "s10_forConvenience_desc": ", upon 14 days' written notice, for commercial, operational, or strategic reasons",
    "s10_p3": "Upon termination:",
    "s10_list2": [
      "no new commissions accrue after the termination date",
      "accrued and verified commissions shall be paid, subject to compliance with this Agreement and verification, provided that such commissions are not subject to reversal, withholding, or adjustment under this Agreement",
      "the Company may withhold or adjust commissions in case of breach, fraud, or invalid transactions"
    ],
    "s10_p3a": "Any Promotional Benefits provided under Section 9.1 shall automatically terminate upon termination of this Agreement unless the Company expressly agrees otherwise in writing.",
    "s10_p4": "The Company may terminate this Agreement immediately if required by a payment provider, regulatory authority, or applicable law.",
    "s10a_title": "12. Force Majeure",
    "s10a_p1": "Neither party shall be liable for failure or delay in performance due to events beyond its reasonable control, including but not limited to technical failures, platform outages, network interruptions, acts of government, or other force majeure events.",
    "s11_title": "13. Commission Continuity (Lifetime of Referred User)",
    "s11_p1": "The Partner shall be entitled to recurring commissions on qualifying purchases made by users validly referred by the Partner, for the duration of such user's activity on the ZoneX platform (\"Lifetime of the User\").",
    "s11_p2": "For purposes of this Agreement, \"Lifetime of the User\" means:",
    "s11_list1": [
      "the period during which the referred user maintains an active account and continues to make qualifying purchases on the platform",
      "An \"active account\" means an account that has not been suspended, terminated, or inactive for more than 120 consecutive days"
    ],
    "s11_p2a": "For the avoidance of doubt, \"Lifetime of the User\" does not create any vested or perpetual right to commissions.",
    "s11_p3": "Commissions are subject to the following conditions:",
    "s11_list2": [
      "the Partner remains in compliance with this Agreement",
      "the Partner maintains reasonable ongoing promotional activity",
      "the Partner does not engage in fraud, abuse, or prohibited conduct",
      "the referred user's transactions are valid, non-refunded, and not subject to chargeback",
      "the Partner is not inactive under Section 8"
    ],
    "s11_p4": "The Company reserves the right to:",
    "s11_list3": [
      "suspend or terminate commissions in cases of breach, abuse, or inactivity of the Partner",
      "adjust or discontinue the Partner Program for commercial or regulatory reasons upon reasonable notice"
    ],
    "s11_p5": "For clarity:",
    "s11_list4": [
      "commissions shall cease upon termination of this Agreement, except where the Company determines otherwise in writing",
      "no vested or perpetual right to future commissions is created"
    ],
    "s12_title": "14. Intellectual Property; Partner Content and Promotional Rights",
    "s12_p1": "The Partner hereby grants the Company, its affiliates, successors, assigns, contractors, and service providers a worldwide, perpetual, irrevocable, non-exclusive, transferable, sublicensable, royalty-free, and fully paid-up licence to use, reproduce, copy, publish, display, distribute, communicate, transmit, broadcast, rebroadcast, repost, share, edit, crop, adapt, modify, excerpt, translate, reformat, combine with other materials, create derivative works from, and otherwise use or exploit any content created, published, posted, streamed, or otherwise made publicly available by or on behalf of the Partner that relates to, references, depicts, discusses, reviews, demonstrates, or promotes ZoneX, the ZoneX platform, any ZoneX product or service, or the Partner's participation in the Partner Program (“Partner Content”).",
    "s12_p2": "Partner Content includes content appearing on YouTube, Twitch, Kick, X, Telegram, Facebook, Instagram, TikTok, Discord, websites, blogs, podcasts, forums, newsletters, and any other existing or future media, social-media platform, or communication channel.",
    "s12_p3": "The Company may use Partner Content, in whole or in part, for advertising, marketing, promotional, commercial, informational, and educational purposes, including on Company websites, applications, social-media accounts, advertisements, presentations, emails, promotional campaigns, and other media, in such manner, format, and context as the Company determines appropriate.",
    "s12_p4": "The Partner authorises the Company, in connection with such use, to use the Partner's public name, professional name, channel name, username, social-media handle, image, likeness, voice, logo, and other publicly used identifying information appearing in or associated with the Partner Content.",
    "s12_p5": "No further consent, approval, notice, royalty, or additional payment to the Partner shall be required for any use authorised by this Section.",
    "s12_p6": "The Partner represents and warrants that the Partner possesses all rights necessary to grant the foregoing rights and shall not knowingly include third-party material in Partner Content in a manner that would prevent the Company from exercising the rights granted under this Section.",
    "s12_p7": "The rights granted under this Section shall survive termination or expiration of the Partner's participation in the Partner Program.",
    "s12a_title": "15. Funded Trader Payout Publicity; Partner Commissions",
    "s12a_p1": "Where a Partner also participates in a ZoneX funded trading program, the Partner acknowledges that any payout, profit share, reward, or other trading-related payment received by the Partner in the Partner's separate capacity as a funded trader (\"Funded Trader Payout\") may be publicised by the Company, but only with the Partner's separate, explicit consent obtained under this Section 15. ZoneX may otherwise publish anonymised or aggregated results without such consent.",
    "s12a_p2": "Where the Partner has given explicit consent, the Company may publish and promote information concerning the relevant Funded Trader Payout, including the Partner's public name, professional name, username or trading alias, social-media handle, profile image or avatar, funded account or Challenge size, payout amount, payout date, relevant trading achievement or milestone, leaderboard position, payout confirmation, and screenshots or other evidence reasonably demonstrating the payout or achievement.",
    "s12a_p3": "The Company may use such information worldwide for advertising, marketing, promotional, commercial, educational, and informational purposes on any Company website, application, social-media account, community, advertisement, promotional campaign, presentation, newsletter, email, press communication, or any other existing or future media or communication channel.",
    "s12a_p4": "The Company may reproduce, publish, repost, display, distribute, format, crop, edit, caption, combine, and otherwise adapt such information and materials in such manner and format as the Company determines appropriate, provided that the Company shall not materially misrepresent the amount or nature of the actual Funded Trader Payout or trading achievement.",
    "s12a_p5": "Consent given under this Section is voluntary and may be withdrawn by the Partner at any time for future use by notifying the Company in writing. Withdrawal does not invalidate materials lawfully published before the withdrawal takes effect. Notwithstanding any withdrawal of publicity consent, the Company may retain private payout records for accounting, compliance, and evidentiary purposes.",
    "s12a_p6": "For the avoidance of doubt, commissions, referral fees, revenue-share payments, bonuses, and other compensation earned solely as a result of participation in the Partner Program (“Partner Commissions”) are separate from Funded Trader Payouts. The Company shall not publicly disclose the amount of an individual Partner's Partner Commissions without that Partner's consent, except where disclosure is required by applicable law, regulation, court order, or competent authority.",
    "s12a_p7": "Nothing in this Section limits the Company's right to publicise Funded Trader Payouts made to other ZoneX funded traders pursuant to the terms applicable to those funded traders.",
    "s13_title": "16. Company Commitments",
    "s13_p1": "The Company shall maintain a functioning partner tracking and payment system in good faith.",
    "s14_title": "17. Program Changes and Agreement Updates",
    "s14_p1": "The Company may amend this Agreement from time to time by publishing an updated version through the Partner Dashboard, the Company's website, or by other written notice. Continued participation in the Partner Program requires acceptance of the then-current version of this Agreement. If the Partner does not electronically accept an updated version within the period specified by the Company, the Company may suspend or terminate the Partner's participation in the Partner Program. Any updated Agreement shall apply prospectively from its effective date or the Partner's acceptance, as applicable.",
    "s15_title": "18. Dispute Resolution",
    "s15_p1": "Any disputes shall first be addressed through good faith discussions between the parties.",
    "s15_p2": "Any unresolved dispute shall be finally settled by arbitration in Zurich, Switzerland, in English, by a single arbitrator.",
    "s16_title": "19. Liability Limitation",
    "s16_p1": "The Company is not liable for indirect or consequential damages.",
    "s16_p2": "Total liability is limited to commissions earned but unpaid.",
    "s17_title": "20. Indemnity",
    "s17_p1": "The Partner indemnifies the Company against:",
    "s17_list1": [
      "claims arising from their content",
      "regulatory or legal violations",
      "misleading or unlawful promotions"
    ],
    "s18_title": "21. Governing Law",
    "s18_p1": "This Agreement is governed by Swiss law.",
    "s19_title": "22. Entire Agreement",
    "s19_p1": "This Agreement, as updated and accepted by the Partner from time to time in accordance with Section 17, constitutes the entire agreement between the parties and supersedes all prior discussions, negotiations, understandings, and previously accepted versions relating to its subject matter.",
    "s20_title": "23. Notices",
    "s20_p1": "Any notices under this Agreement may be delivered by postal mail or email to the address provided by the Partner.",
    "s20_p2": "The Company may deliver notices through the platform or via the Partner's registered email address.",
    "s21_title": "24. Electronic Acceptance",
    "s21_p1": "This Agreement may be accepted electronically, including by clicking an acceptance checkbox or similar mechanism on the Company's platform. Such electronic acceptance shall constitute a legally binding agreement between the parties.",
    "s21_p2": "The Company may rely on electronic records of acceptance maintained in its systems, including timestamp, user identification, and IP address, as conclusive evidence of acceptance of this Agreement.",
    "s21_p3": "The Agreement is maintained as an online webpage rather than a static document. Accordingly, version control and record-keeping of accepted versions shall be managed through the Company's systems.",
    "s22_title": "25. Language and Prevailing Version",
    "s22_p1": "This Agreement may be translated into other languages for convenience only. In the event of any inconsistency or conflict between the English version and any translated version, the English version shall prevail.",
    "s4_p_lifetime_label": "Lifetime Attribution.",
    "s4_p_lifetime": "The Commission Rate agreed between the Company and the Partner applies for the lifetime of each referred user's account. Any subsequent change to the Commission Rate — however evidenced, including by email, Telegram, WhatsApp, X (Twitter) chat, or any other written communication method contemplated in this Section — shall apply only to users referred and attributed to the Partner on or after the effective date of the change. Users referred and attributed before that date shall retain the previously agreed Commission Rate for the lifetime of their accounts. This protection applies to the Partner's Commission Rate; it is not a guarantee that 100% of the Commission Rate applies to every present or future ZoneX product or service. Each Qualifying Purchase — including purchases by previously referred users — is subject to the Commission Multiplier applicable to the particular product or service at the time of purchase. By way of example only: if the parties agree to a 40% Commission Rate and later agree to change it to 30%, the Partner shall continue to receive a 40% Commission Rate for the lifetime of every user referred and attributed prior to the change, and a 30% Commission Rate for the lifetime of every user referred and attributed thereafter, and the same principle shall apply to any further changes. Attribution shall be determined in accordance with Section 5.",
    "s21_p4": "Each subsequent electronic acceptance of an updated version of this Agreement shall supersede the previously accepted version from the effective date of the updated Agreement, without affecting any rights or obligations that accrued prior to such date unless expressly provided otherwise.",
    "s3b_p6": "For the avoidance of doubt, this Section applies only to trading-related payments arising from Complimentary Challenges and resulting Funded Accounts. It does not apply to Partner Commissions except as otherwise expressly provided in this Agreement.",
    "s7_p16_url": "https://zonex.pro/en/partners/partner-guidelines",
    "s1_p_promotional_benefits": "“Promotional Benefits” means any complimentary ZoneX Challenge, evaluation account, funded or incentive-eligible account, promotional access, or other benefit provided by the Company to a Partner for marketing, evaluation, demonstration, or partnership-development purposes.",
    "s9new_title": "9. Promotional Benefits and Complimentary Challenges",
    "s9_1_title": "9.1 Promotional Benefits",
    "s9_2_title": "9.2 Complimentary Promotional Challenges",
    "s3b_p2b": "If the Partner successfully completes the Complimentary Challenge and materially complies with the written Promotional Requirements, the Partner will be considered in good faith for an incentive-eligible account under the same KYC, eligibility, compliance and risk-assessment framework generally applied to successful participants in paid Challenges. The fact that the Challenge was provided free of charge shall not, by itself, reduce or exclude the Partner’s eligibility.",
    "s3b_p2c": "A Complimentary Challenge does not itself generate any payout, profit share or other trading-related payment. Successful completion does not guarantee an incentive-eligible account, which remains subject to KYC, eligibility and compliance approval, capital availability, operational and risk considerations, and execution of a separate written agreement."
  },
  "influencerGuidelines": {
    "pageTitle": "Partner Guidelines | ZoneX Partners",
    "title": "ZoneX Partner Guidelines",
    "purpose_title": "Purpose",
    "purpose_p1": "These guidelines ensure that all promotions of ZoneX are accurate, compliant, and aligned with our platform standards.",
    "s1_title": "1. What ZoneX Is (and Is Not)",
    "s1_p1": "ZoneX is a trading evaluation platform.",
    "s1_youMaySay": "You may say:",
    "s1_list1": [
      "trading challenge",
      "evaluation platform",
      "skill-based trading program"
    ],
    "s1_youMustNotSay": "You must not say:",
    "s1_list2": [
      "guaranteed profits",
      "passive income",
      "investment opportunity",
      "\"funded account\" without context",
      "anything implying users receive real capital automatically"
    ],
    "s2_title": "2. Accuracy of Information",
    "s2_youMust": "You must:",
    "s2_list1": [
      "understand the Challenge Rules and Terms",
      "present rules clearly and fairly",
      "explain risk, drawdown limits, and conditions"
    ],
    "s2_youMustNot": "You must not:",
    "s2_list2": [
      "oversimplify in a misleading way",
      "omit key conditions such as rules, limitations, or payouts"
    ],
    "s3_title": "3. Required Disclosures",
    "s3_p1": "Where applicable, you must:",
    "s3_list1": [
      "disclose partner relationship (e.g. \"partner link\")",
      "state: \"This is not financial advice\"",
      "include risk context (trading involves risk)"
    ],
    "s4_title": "4. Content Standards",
    "s4_contentMust": "Your content must:",
    "s4_list1": [
      "be honest and not misleading",
      "reflect actual platform functionality",
      "avoid exaggerated claims or unrealistic expectations"
    ],
    "s4_prohibited": "Prohibited:",
    "s4_list2": [
      "fake results or screenshots",
      "manipulated performance claims",
      "clickbait implying guaranteed success",
      "language implying pumps, \"moon,\" \"100x,\" or guaranteed upside"
    ],
    "s5_title": "5. Traffic & Promotion Rules",
    "s5_youMustNot": "You must not:",
    "s5_list1": [
      "use bots, spam, or fake traffic",
      "create self-referrals",
      "impersonate ZoneX",
      "run ads using \"ZoneX\" brand keywords without permission"
    ],
    "s6_title": "6. Jurisdiction & Compliance",
    "s6_p1": "You are responsible for ensuring your content complies with:",
    "s6_list1": [
      "local advertising laws",
      "financial promotion rules",
      "platform-specific policies (YouTube, TikTok, etc.)"
    ],
    "s6_p2": "Do not target jurisdictions where such promotions are restricted.",
    "s7_title": "7. Content Control",
    "s7_p1": "ZoneX may request:",
    "s7_list1": [
      "edits to content",
      "removal of non-compliant material"
    ],
    "s7_p2": "You must comply promptly.",
    "s8_title": "8. General Principle",
    "s8_p1": "If in doubt: be accurate, transparent, and conservative in claims.",
    "contact_title": "Contact",
    "contact_p1": "For questions or approvals:"
  },
  "contentGuide": {
    "pageTitle": "Content Guide | ZoneX Partners",
    "title": "Your First ZoneX Video/Post",
    "startImmediately_title": "Start Immediately",
    "startImmediately_p1": "Do not wait. Publish your first piece of content within 48 hours.",
    "chooseFormat_title": "Choose ONE Format",
    "format1_title": "1. Challenge Attempt",
    "format1_titleExamples": "Title examples:",
    "format1_list1": [
      "I Tried This Trading Challenge — Here's What Happened",
      "Can I Pass This Trading Firm Challenge?"
    ],
    "format1_whatToShow": "What to show:",
    "format1_list2": [
      "signing up",
      "platform interface",
      "taking trades",
      "results"
    ],
    "format1_cta_label": "CTA:",
    "format1_cta": "Use my link below to try it yourself",
    "format2_title": "2. Platform Review",
    "format2_titleExamples": "Title examples:",
    "format2_list1": [
      "New Trading Platform — Worth It?",
      "ZoneX Review — Full Breakdown"
    ],
    "format2_whatToCover": "What to cover:",
    "format2_list2": [
      "what it is",
      "how it works",
      "key features",
      "your opinion"
    ],
    "format2_cta_label": "CTA:",
    "format2_cta": "Link in description to get started",
    "format3_title": "3. Comparison",
    "format3_titleExamples": "Title examples:",
    "format3_list1": [
      "ZoneX vs [Competitor] — Which Is Better?",
      "Best Trading Firm Right Now?"
    ],
    "format3_whatToShow": "What to show:",
    "format3_list2": [
      "pricing",
      "rules",
      "payouts",
      "differences"
    ],
    "format3_cta_label": "CTA:",
    "format3_cta": "Try ZoneX here",
    "rules_title": "Rules (Important)",
    "rules_list": [
      "Keep it natural and authentic",
      "Do NOT promise profits or results",
      "Focus on your experience",
      "Always include your referral link"
    ],
    "minimumStandard_title": "Minimum Standard",
    "minimumStandard_list": [
      "Clear explanation",
      "Real interaction with platform",
      "Visible call-to-action"
    ],
    "goal_title": "Goal",
    "goal_p1": "Get your first content live within 48 hours.",
    "goal_p2": "Speed matters more than perfection."
  },
  "whyRulesDifferent": {
    "title": "Why ZoneX Rules Are Different",
    "opening": {
      "line1": "Most trading challenges are built to catch you out.",
      "line2": "ZoneX is built to be clear, fair, and passable."
    },
    "overview": {
      "title": "Quick Overview",
      "target": "From 10% profit target",
      "drawdown": "Up to 10% max drawdown (15% on High Conviction)",
      "noTimeLimit": "No time limit",
      "payout": "Performance split selected at purchase",
      "earn": "Earn from your trading performance.",
      "designed": "Designed so disciplined traders can get funded.",
      "caption": "Shown: Your Own Style / Disciplined Trader. High Conviction differs — see Pricing."
    },
    "noTricks": {
      "title": "No Tricks. No Pressure.",
      "noHidden": "No hidden rules",
      "noTrailing": "One daily reset at 02:00 Europe/Zurich — your limit never trails an unrealized peak",
      "noPressure": "No time pressure",
      "conclusion": "If you follow the rules, you pass. Simple."
    },
    "tradeYourWay": {
      "title": "Trade Your Way",
      "anyStrategy": "Any strategy allowed",
      "noForced": "No forced system",
      "waitSetups": "Wait for your setups",
      "conclusion": "You don't need one big trade — steady trading gets you there."
    },
    "psychology": {
      "title": "Built for Real Traders",
      "intro": "Most traders fail because they:",
      "overtrade": "Overtrade",
      "breakRules": "Break rules",
      "conclusion": "If you stay disciplined, you already have an edge."
    },
    "payout": {
      "title": "Reliable Payout Model",
      "structured": "Structured payouts",
      "clearRules": "Clear rules",
      "consistent": "Consistent system",
      "conclusion": "Built to work long-term — not short-term hype."
    },
    "cta": {
      "button": "Start Your Challenge",
      "terminalSubscriptions": "Terminal Subscriptions",
      "subtext1": "Start your challenge today and prove your strategy.",
      "subtext2": "No pressure. No games. Just results."
    }
  },
  "startChallengeCta": {
    "titlePrefix": "Start Your",
    "titleHighlight": "Challenge Today",
    "bullets": "From $10 • No Time Limit • Free Challenge Retry • Performance split selected at purchase"
  },
  "rulesThatDontMove": {
    "eyebrow": "What traders want to know first",
    "title": "One Reset. One Rule Set.",
    "subtitle": "Every trader asks the same three questions before buying a challenge:",
    "questions": [
      "Will the rules change?",
      "Will I get paid if I perform?",
      "Can my account be closed arbitrarily?"
    ],
    "answer": "Our answer is simple: no surprises.",
    "cards": {
      "fixed": {
        "title": "Fixed Rules. Locked In.",
        "b1": "Every rule is published before you start your challenge.",
        "b2": "Daily loss limit of 2.5% (2% Disciplined Trader, 5% High Conviction), fixed at the 02:00 Europe/Zurich reset and never recalculated intraday. Your total drawdown floor is 10% (15% High Conviction), calculated from your initial balance and fixed for the life of the Challenge.",
        "b3": "No mid-challenge changes. No retroactive enforcement."
      },
      "breach": {
        "title": "Every Account Action Has a Reason.",
        "b1": "Any account action references a published rule or documented compliance, risk, or security requirement.",
        "b3": "Trade history and rule references available on request."
      },
      "payout": {
        "title": "Published Disbursement Process.",
        "b1": "Twice-daily windows for approved performance-remuneration requests under Funded Trader Arrangements.",
        "b2": "Clear qualification requirements published in advance.",
        "b3": "Identity verification and identity-based sanctions screening completed no later than before the first performance payout.",
        "b4": "Disbursements are processed according to the published schedule, subject to applicable compliance and verification requirements."
      }
    },
    "footline": "The same rules when you buy.\nThe same rules when you pass.\nThe same rules when you get paid."
  },
  "pricingPage": {
    "title": "ZoneX Challenge",
    "titleHighlight": "Pricing",
    "subtitle": "Transparent, one-time evaluation fees. Choose the challenge type that fits your trading style, then pick an account size from $5,000 to $400,000.",
    "headers": {
      "size": "Account Size",
      "terminal": "Terminal Tier",
      "futuresOneStep": "Futures · One-Step",
      "spotOneStep": "Spot · One-Step"
    },
    "atGlance": "At a glance",
    "startingFrom": "Starting from",
    "startingFromDesc": "$10 — Disciplined Trader $5k, One-Step evaluation.",
    "accountSizes": "Account sizes",
    "tabs": {
      "disciplined": {
        "desc": "Built to identify disciplined, consistent traders capable of managing larger capital allocations. Available for Futures and Spot across all account sizes.",
        "caption": "Disciplined Trader pricing matrix",
        "label": "Disciplined Trader (⭐ Best Value)"
      },
      "yourOwnStyle": {
        "desc": "Flexible evaluation that lets you trade your own style within standard profit targets and drawdown limits. Available for Futures and Spot across all account sizes.",
        "caption": "Your Own Style pricing matrix",
        "label": "Your Own Style (Mid-Tier)"
      },
      "highConviction": {
        "desc": "No time limit and wider drawdown — designed for high-conviction directional traders. Available for Futures only across all account sizes.",
        "caption": "High Conviction pricing matrix",
        "label": "High Conviction (Premium)"
      }
    },
    "includes": "What every plan includes",
    "included": {
      "0": "Full access to the ZoneX Terminal feature set for the selected tier",
      "1": "Performance split selected at purchase",
      "2": "Free retry if your realized profit reached 5% before you failed — one retry per purchase, not available on purchases made with a discount, coupon or promotional offer",
      "3": "No monthly fees — one-time evaluation cost",
      "4": "Simulated execution on live market data from supported partner exchanges",
      "5": "Daily loss limit fixed at the 02:00 Europe/Zurich reset and never recalculated intraday — the total drawdown floor of 10% (15% High Conviction) is static from your initial balance and never moves"
    },
    "footnote1": "All fees shown in USD and are one-time, non-refundable evaluation fees. Spot and Futures challenges are available across account sizes from $5k to $400k, except High Conviction, which is Futures only. Terminal tier (Basic / Advanced / Institutional) is bundled with the selected account size.",
    "footnote2Prefix": "The ZoneX Challenge is a skill-based evaluation conducted in a simulated environment using notional funds. No monetary prizes are awarded during the Challenge. Completion does not create an automatic right to a Funded Trader Arrangement. See",
    "footnote2Suffix": "for the full framework.",
    "challengeTermsLink": "Challenge Terms",
    "configureCta": "Configure your challenge",
    "reviewRulesCta": "Review challenge rules",
    "incentiveScalingNote": "You choose your performance split yourself in the configurator before purchase; the chosen split is recorded and applies for the life of the arrangement."
  },
  "a11y": {
    "skipToMain": "Skip to main content",
    "mainNavigation": "Main navigation",
    "zonexHome": "ZoneX home",
    "siteFooter": "Site footer",
    "socialLinks": "Social media links",
    "discord": "Join our Discord community",
    "telegram": "Join our Telegram channel",
    "linkedin": "Follow us on LinkedIn",
    "visaMastercard": "Visa and Mastercard accepted"
  },
  "recommender": {
    "badge": "Challenge Recommender",
    "title": "Not sure which challenge fits you?",
    "subtitle": "Answer three quick questions and we'll suggest the ZoneX challenge that matches your capital, priorities, and risk style.",
    "q1": "How much capital do you want to trade with?",
    "q2": "What matters most to you?",
    "q3": "How tight is your risk management?",
    "recommendLabel": "Based on your answers, we recommend",
    "accountSuffix": "account",
    "terminalSuffix": "terminal",
    "oneTimeFee": "one-time fee",
    "futuresPricing": "Futures pricing",
    "profitTarget": "Profit target:",
    "dailyLoss": "Daily loss:",
    "drawdown": "Drawdown:",
    "tradingDays": "Trading days:",
    "configureCta": "Configure this challenge",
    "startOver": "Start over",
    "spotNote": "Spot pricing is also available for Disciplined Trader and Your Own Style across all sizes. Compare every option in the full pricing matrix below.",
    "emptyState": "Answer all three questions to see your recommended challenge.",
    "priority": {
      "price": {
        "label": "Lowest entry price",
        "desc": "Pay as little as possible to enter the evaluation"
      },
      "room": {
        "label": "Most room for error",
        "desc": "Widest drawdown and daily loss limits available"
      },
      "speed": {
        "label": "Fastest path to funded",
        "desc": "Single-phase evaluation — complete the Challenge in one phase"
      },
      "value": {
        "label": "Best bang for buck",
        "desc": "Optimal balance of price, flexibility, and rule headroom"
      }
    },
    "risk": {
      "disciplined": {
        "label": "Disciplined",
        "desc": "I rarely hit drawdown or daily loss limits"
      },
      "average": {
        "label": "Average",
        "desc": "I want some buffer room without giving up flexibility"
      },
      "maximum": {
        "label": "Maximum room",
        "desc": "I run high-conviction trades and want the widest limits"
      }
    }
  },
  "partnersPage": {
    "seo": {
      "title": "ZoneX Partner Program | Influencer & Partner Program",
      "description": "Partner with ZoneX — a Swiss-engineered crypto trading evaluation platform. Very competitive commission structures plus recurring revenue on repeat purchases. Selectively onboarded."
    },
    "howToApplySeo": {
      "title": "How to Apply to Become a ZoneX Partner",
      "description": "Three steps to apply for the ZoneX Partner Program — submit your application, post a high-quality announcement, and earn commissions on referred traders."
    },
    "hero": {
      "eyebrow": "The ZoneX Partner Program",
      "title1": "One Referral.",
      "title2": "Lifetime Commissions.",
      "subtitle": "Permanent attribution on a platform built for repeat purchases.",
      "noFixedFeesNote": "",
      "pillCommissions": "Best-in-Class Commissions",
      "pillAttribution": "Lifetime Attribution",
      "pillSupport": "Ongoing Support for Top Partners",
      "ariaJumpGrow": "Jump to Grow With ZoneX section",
      "selectiveNote": "Partner terms are offered selectively based on fit, audience and content quality.",
      "viewPresentation": "View Partner Presentation",
      "howToApply": "How to Apply",
      "limitedPositions": "Limited partner positions — application required"
    },
    "opportunity": {
      "title": "The Opportunity",
      "items": [
        "Traders actively seek funded trading opportunities — but most platforms fail to convert consistently",
        "ZoneX is designed to convert users into repeat buyers through structured progression and built-in risk controls",
        "Partners monetize trading audiences more effectively through high-conversion products",
        "Partners earn commissions from first purchases and every repeat purchase — not just a single transaction."
      ]
    },
    "howWorks": {
      "title": "How the Partner Program Works",
      "steps": [
        {
          "title": "Share Your Link",
          "desc": "You create your unique referral link inside the ZoneX Partner Dashboard and share it with your audience"
        },
        {
          "title": "Permanent Attribution",
          "desc": "Attribution happens at registration: a user must click your link and complete registration. Each account can be attributed to only one Partner — no dual attribution"
        },
        {
          "title": "Earn on Repeat Purchases",
          "desc": "Earn on referred users' eligible purchases — now and in the future"
        }
      ],
      "footnote": "Permanent attribution: one signup can generate commissions for years, not a one-time payout. Attribution is created only when a user clicks your Partner Dashboard referral link and completes registration, and each account can be assigned to a single Partner only. Actual commission rates are agreed at onboarding."
    },
    "whyTraders": {
      "title": "Why Traders Choose ZoneX",
      "bookmarkAriaLabel": "Copy bookmark link for Why Traders Choose ZoneX section",
      "comparison": [
        {
          "typical": "CFDs or synthetic trading environments",
          "zonex": "Real Crypto Markets — No CFDs",
          "benefit": "Live exchange pricing and order-book depth for realistic simulated execution — no synthetic slippage."
        },
        {
          "typical": "Drawdown floors move intraday and tighten against you",
          "zonex": "No Intraday Trailing — fixed during the trading day, recalculates at the daily reset",
          "benefit": "Your drawdown floor is fixed during the trading day — no intraday trailing — and recalculates at the daily reset."
        },
        {
          "typical": "Big profit days can be penalized by consistency rules",
          "zonex": "No Consistency Rules — your best trading days don't count against you",
          "benefit": "Your best trading days don't count against you. Trade your strategy, not ours."
        },
        {
          "typical": "30- or 60-day deadlines",
          "zonex": "No Time Limits — wait for high-quality setups",
          "benefit": "Wait for quality setups instead of forcing trades to beat a deadline."
        },
        {
          "typical": "Failure means purchasing another challenge",
          "zonex": "Free Retry at 5% Profit",
          "tooltip": "If you purchase an eligible challenge at the standard price and reach 5% profit, but later fail before completion, you'll receive one free retry. Discounted and promotional challenge purchases are excluded.",
          "benefit": "Reach a 5% profit peak and earn another chance if you later fail."
        },
        {
          "typical": "Only 1–2 exchanges available.",
          "zonex": "Ten Supported Exchanges",
          "benefit": "Trade your preferred exchange instead of adapting to ours."
        },
        {
          "typical": "Leveraged trading with liquidation risk",
          "zonex": "Spot-based trading available — no forced liquidation",
          "benefit": "Trade without forced liquidation from leverage."
        },
        {
          "typical": "Basic charting or external tools",
          "zonex": "Professional trading terminal included"
        },
        {
          "typical": "Limited built-in execution tools",
          "zonex": "Built-in trade automation and execution tools",
          "benefit": "Automate execution and manage trades from one environment."
        },
        {
          "typical": "Rule violations identified after they occur",
          "zonex": "Pre-violation alerts and risk monitoring",
          "benefit": "Get warned before a preventable mistake costs you the challenge."
        },
        {
          "typical": "Manual tracking or third-party tools",
          "zonex": "Automatic trade journaling and performance tracking",
          "benefit": "Review your trading and performance without maintaining a separate journal."
        },
        {
          "typical": "Higher entry costs",
          "zonex": "Challenges starting at $29"
        },
        {
          "typical": "Generic platforms adapted from traditional markets",
          "zonex": "Built specifically for crypto markets",
          "benefit": "A crypto-native trading experience from evaluation through execution."
        }
      ],
      "builtTitle": "A Product Built to Convert Crypto Traders",
      "builtBody": "ZoneX combines competitive challenge pricing with a crypto-native trading environment and trader-friendly rules—giving partners a differentiated product to promote to their audience.",
      "subtitle": "The home for serious crypto traders. Compare ZoneX with the alternatives — and the choice becomes clear."
    },
    "oneClick": {
      "title": "Ten Supported Exchanges. One Click. Start Trading.",
      "desc": "No API keys. No demo accounts. No configuration. Users pick their exchange from a dropdown and start trading immediately — across 8+ integrated venues.",
      "footer": "Less friction means higher conversion for your referrals."
    },
    "warning": {
      "title": "Exclusive Failure Warning System",
      "problemTitle": "The Problem",
      "problem": [
        "Most challenge failures are accidental — an oversized position or a forgotten daily-loss limit",
        "Most prop firms give no warning before a rule breach — the trade simply fails the account"
      ],
      "solutionTitle": "The ZoneX Solution",
      "solution": [
        "Optional Pre-Violation Warning available on every challenge",
        "Proactive UI notifications before a rule-breaking trade is executed",
        "Helps traders avoid accidental breaches and stay in the game"
      ],
      "footnote": "A feature most prop firms do not offer — because their model depends on failure."
    },
    "winning": {
      "title": "On the Side of Winning Traders",
      "industryTitle": "The Industry Problem",
      "industryDesc": "Most prop firms make money when traders fail — their business model depends on churn. Fail a challenge, buy another. Their revenue is built on failure, not success.",
      "zonexTitle": "ZoneX",
      "zonexDesc": "Built by traders, for traders, over 4+ years. Spot crypto and FX. No forced liquidation. Rules and tools designed to help traders succeed long-term.",
      "footnote": "Aligned firms create long-lived traders — which means long-lived recurring commissions for our partners."
    },
    "revShare": {
      "title": "Revenue Share Model.",
      "body1Pre": "",
      "body1Not": "",
      "body1Post": "",
      "body2": "",
      "body3": "",
      "calc": "How your revenue share is calculated: from your Partner Dashboard, you create your unique referral link. A user must click that link and complete registration — clicking alone is not enough. At registration the ZoneX system permanently assigns that account to you, and an account can never be attributed to two Partners at once. You then earn an agreed percentage of the total revenue generated by that trader — across all of their business with ZoneX, for the entire life of that referral. Not just their first purchase.",
      "qualifiedTitle": "What counts as a qualified referral",
      "qualifiedItems": [
        "A trader who clicks your Partner Dashboard referral link, completes the registration through it OR uses your referral code in that link after signup, AND purchases a challenge",
        "Each registered account is attributed to one Partner only — a user cannot register under two referral links",
        "Refunded purchases and chargebacks are deducted back from your commissions",
        "Free or complimentary challenges generate no revenue, so they do not count"
      ],
      "discountTitle": "Discounts and promo codes",
      "discountItems": [
        "If your referral link carries a discount, that discount can be overwritten when the user applies a different, non-partner promo code at checkout",
        "Promo codes do not stack — only one discount can be applied to a purchase",
        "Attribution is not affected: even if another discount code is used, the account stays assigned to the referring Partner, and all purchases by that referral are credited to that referring Partner forever"
      ],
      "agreementNote": "*See the Partner Agreement when registering for the Partner Dashboard for details."
    },
    "xAffiliates": {
      "title": "X Affiliates",
      "body1": "ZoneX supports X Affiliates.",
      "body2": "Affiliate status is reserved for ZoneX Partners who have demonstrated that they can consistently represent ZoneX professionally and add value to our community. Affiliate status is only for ZoneX Partners and is granted solely at ZoneX's discretion."
    },
    "streamerSponsorship": {
      "title": "ZoneX Partner Update: Streamer Sponsorship now Available!",
      "body": "Contact partners@zonex.pro if interested"
    },
    "whyPartners": {
      "title": "Why Partners Choose ZoneX",
      "items": [
        "Very competitive commission structures on qualifying purchases by referred users",
        "Recurring commission potential on repeat purchases",
        "Designed to convert consistently across trading audiences",
        "Evaluation model drives repeat purchases and long-term value",
        "Custom discount codes to improve conversion",
        "Limited partner positions",
        "Designed to convert better than typical prop firm offers"
      ],
      "footnote": "Competitive commissions apply to approved Partners only."
    },
    "grow": {
      "title": "Grow With ZoneX",
      "lead1": "At ZoneX, we believe the best partnerships are built on aligned incentives and long-term success.",
      "lead2": "Every approved partner receives access to the Partner Dashboard, where you generate your unique referral link and can create custom discount codes. Use the dashboard to track referrals, commissions, and performance. As your results grow, so does our support.",
      "eyebrow": "Depending on performance, we may provide",
      "items": [
        "Enhanced commission structures",
        "A dedicated ZoneX landing page branded for your community",
        "Exclusive discount campaigns",
        "Early access to new products and features",
        "Co-branded marketing materials",
        "Joint webinars, AMAs, and community events",
        "Social media promotion through ZoneX channels",
        "Priority support from our team",
        "Strategic collaboration opportunities"
      ],
      "footer1": "We invest in partners who consistently generate value and help grow the ZoneX ecosystem.",
      "footer2": "Our philosophy is simple: when you help ZoneX grow, we help you grow.",
      "expectations": {
        "title": "What we look for from partners",
        "intro": "We look for:",
        "items": [
          "Crypto and trading-focused content creators",
          "Trading educators and communities",
          "Prop firm reviewers and comparison channels",
          "Performance-driven digital marketers",
          "Creators who measure success by user registrations and purchases",
          "Partners who post professionally and compliantly per the rules in the Partner Dashboard"
        ]
      },
      "kpis": {
        "title": "How we measure success",
        "intro": "We focus on business impact rather than vanity metrics. The KPIs that matter to us:",
        "items": [
          "Qualified trader registrations",
          "Challenge purchases, Terminal subscriptions, and incentive-eligible accounts generated through your referral link",
          "Conversion rate from your audience",
          "Overall engagement and content quality"
        ]
      },
      "compensation": {
        "title": "Compensation & long-term partnership",
        "body1": "Commission rates, payment schedule, and any performance-based incentives are agreed with each partner before launch — so there are no surprises on either side.",
        "body2": "We're building long-term partnerships. Creators who consistently generate quality traders and strong results unlock higher commissions, performance bonuses, and expanded collaboration opportunities over time."
      },
      "referralEngine": {
        "title": "Your referral engine",
        "body1": "The ZoneX Partner Dashboard gives you complete control over how you grow your network and earn commissions.",
        "body2": "From your dashboard, generate your personal referral link and share it anywhere. You receive your full partner revenue share on every eligible purchase made by traders who click your link and register through it.",
        "body3Prefix": "Alternatively, you can ",
        "body3Link": "create unlimited custom referral sublinks",
        "body3Suffix": " and assign a portion of your revenue share to sub-partners, influencers, or communities — while keeping the remainder for yourself.",
        "body4": "This gives you complete control over your referral business, and makes it easy to build and manage your own affiliate network, reward your partners with competitive revenue shares, and continue earning from every eligible referral they generate.",
        "modal": {
          "title": "How custom referral sublinks work",
          "intro": "Your partner revenue share is yours to allocate. Split it however you want across sub-partners, communities, or campaigns — the remainder stays with you on every eligible purchase.",
          "example1Title": "Example 1",
          "example1Body": "Your partner commission is 20%. You create a custom sublink for a YouTube creator and assign them 15%. You keep the remaining 5% on every purchase made by that YouTube community.",
          "example2Title": "Example 2",
          "example2Body": "Your partner commission is 25%. You create separate sublinks for Telegram communities:",
          "example2Bullets": [
            "Community A: 20% (you retain 5%)",
            "Community B: 15% (you retain 10%)"
          ],
          "outro": "Build and manage your own affiliate network directly from the Partner Dashboard — and keep earning from every eligible referral they generate."
        }
      }
    },
    "dashboard": {
      "title": "Partner Dashboard",
      "lead": "Track referrals, conversions, and earnings in real time through a dedicated partner dashboard",
      "access": "Full access provided to approved partners after onboarding",
      "realTracking": "Real performance tracking — not estimates",
      "exampleView": "Example Partner dashboard view",
      "imageAlt": "ZoneX Partner Dashboard showing referral tracking, earnings, and campaign management",
      "clickEnlarge": "Click to enlarge",
      "tapExpand": "Tap to expand",
      "modalTitle": "Partner Dashboard Preview",
      "modalAlt": "ZoneX Partner Dashboard - expanded view",
      "items": [
        "Real-time tracking of clicks, registrations, and conversions",
        "Full visibility into commissions and payouts",
        "Unique referral links and campaign tracking",
        "Performance insights to optimize content"
      ]
    },
    "discount": {
      "title": "Optional Discount Lever — Your Choice",
      "items": [
        "Offer your audience a discount code funded from your own commission",
        "Use it for launches, campaigns or seasonal promos when conversion matters most",
        "You still keep recurring commissions on all future eligible purchases by referred users"
      ],
      "footnote": "Run promotions without breaking your recurring revenue — the discount is funded from your commission, on your terms."
    },
    "content": {
      "title": "What Content Converts Best",
      "items": [
        "Challenge attempts and results content",
        "Platform comparisons vs other providers",
        "Live trading or evaluation-based content",
        "Ongoing content leveraging repeat purchase behavior"
      ]
    },
    "ideal": {
      "title": "Ideal Partners",
      "items": [
        "Crypto and trading-focused content creators",
        "Trading educators and communities",
        "Prop firm reviewers and comparison channels",
        "Performance-driven digital marketers",
        "Creators who measure success by user registrations and purchases",
        "Partners who post compliantly per the rules in the Partner Dashboard"
      ]
    },
    "credibility": {
      "title": "Credibility and Structure",
      "items": [
        "Swiss-based company with structured operations",
        "Institutional-grade infrastructure and risk controls",
        "Long-term platform development and scalability focus",
        "Transparent tracking and payout system"
      ]
    },
    "presentation": {
      "lead": "Want to learn more before applying? View our full partner presentation.",
      "cta": "View Partner Presentation"
    },
    "getStarted": {
      "title": "Become a ZoneX Partner",
      "lead": "Partner positions are offered selectively — apply now to discuss terms",
      "approvalNote": "Partner terms are subject to approval. We selectively onboard partners to maintain performance and conversion quality.",
      "limited": "Only a limited number of positions remain"
    },
    "apply": {
      "howTitle": "How to Apply to Become a ZoneX Partner",
      "howSubtitle": "Three steps from application to earning commissions on referred traders.",
      "helpButton": "Need Help with Partner Application?",
      "stepLabel": "Step {{current}} of {{total}}",
      "steps": [
        {
          "title": "Complete the \"Apply Now\" Form",
          "descPre": "Fill out the \"",
          "linkText": "Apply Now",
          "linkHref": "https://zonex.pro/en/partners#apply-now",
          "descPost": "\" form below.",
          "nextStep": "Once you complete this step, complete Step 2.",
          "descExtra": "Use your real, legal name — the name you submit must match your ID, as we verify identity before any commission payout."
        },
        {
          "title": "Register for your Partner Dashboard",
          "descPre": "Register for your ",
          "linkText": "Partner Dashboard",
          "linkHref": "https://zonex.trading/partner",
          "descPost": ". Be sure to use your real, legal name.",
          "nextStep": "Once you complete this step, complete Step 3.",
          "descExtra": "The Partner Dashboard will empower your referral engine."
        },
        {
          "title": "ZoneX PromoKit Portal Access",
          "descPre": "Request access to the ",
          "linkText": "ZoneX Partner PromoKit Portal",
          "linkHref": "https://zonex.pro/en/promokit?tab=request",
          "descPost": ". Be sure to use your real, legal name.",
          "afterPost": {
            "pre": "See ",
            "linkText": "What happens after you apply?",
            "href": "#what-happens-after-you-apply",
            "post": " below."
          },
          "descExtra": "Once you gain access, log in, read the partner materials, and complete the 5 short exams."
        }
      ],
      "closingComments": [
        {
          "title": "Partner Dashboard Approval",
          "desc": "Once all three steps above are completed, the ZoneX team reviews your application and, if you qualify, approves your Partner Dashboard, sets your revenue share percentage, and you're off to the races!"
        },
        {
          "title": "Complimentary Challenge",
          "desc": "To get your complimentary challenge, you must first post at least one <strong>high quality post</strong> on your social media.",
          "descExtra": "Partnership announcements do not count. It must be a very high quality post or posts.",
          "buttonText": "Submit a copy of your post for review",
          "buttonHref": "https://t.me/farooqobasa",
          "notice": "This Complimentary Challenge and any resulting Funded Account are subject to Sections 3A and 3B of the Partner Independent Contractor Agreement."
        },
        {
          "title": "ZoneX Partner Badges",
          "desc": "The ZoneX PromoKit Portal (Step 3) also contains approved ZoneX partner badges you can use in your content and profiles. You can also create your own badge and submit it for approval.",
          "buttonText": "Submit your partner badge for approval.",
          "buttonHref": "https://t.me/farooqobasa"
        },
        {
          "title": "Start Referring Traders & Earn Ongoing Commissions",
          "desc": "In the Partner Dashboard, you can generate unlimited referral links, create custom discount codes, and earn on referred users for as long as they remain active and trade on the ZoneX platform."
        }
      ],
      "formTitle": "Apply Now",
      "formLead": "Partner terms are agreed at onboarding with selected applicants.",
      "completedTitle": "Step 1 Completed",
      "completedThanks": "Thanks — we received Step 1 of your application.",
      "completedNext": "You will now be directed to zonex.trading/partner to register for your Partner Dashboard (for free) and finish your application.",
      "completedClick": "Click here if you are not redirected automatically",
      "fullName": "Full Name",
      "email": "Email",
      "phone": "Phone Number",
      "phonePlaceholder": "+41 79 123 45 67",
      "phoneHint": "Include your country code.",
      "countryOfResidence": "Country of Residence",
      "countryOfResidencePlaceholder": "Select your country",
      "readHowToApply": "I have read and fully understand the \"How to Apply to Become a ZoneX Partner\" section above.",
      "readHowToApplyNoError": "Please read and understand the \"How to Apply to Become a ZoneX Partner\" section above before continuing.",
      "readHowToApplyLinkText": "Read \"How to Apply to Become a ZoneX Partner\"",
      "reviewedFaqsLabel": "Have you reviewed our <faqs>FAQs</faqs>. Many questions are answered there. Please check there before asking us questions.",
      "reviewedFaqsCheckbox": "I understand and agree",
      "reviewedFaqsError": "Please review the FAQs and confirm before applying.",
      "platforms": "Primary Platforms",
      "platformsHint": "Select all that apply",
      "youtubeQualityRating": "Regarding <strong>YouTube</strong> only, on a scale of 1–10, how would you rate your ability to produce high-quality YouTube videos, with 10 being exceptional?",
      "youtubeQualityPlaceholder": "Select a rating",
      "youtubeWillingToDocument": "Would you be willing to document your experience with the challenge in a professional YouTube video for your followers if we provide you with a free challenge?",
      "pleaseExplainNo": "Please explain why you answered \"No\" above",
      "pleaseExplainNotSure": "Please explain why you answered \"Not sure\" above",
      "followerCount": "Follower Count / Subscribers",
      "twitchStreamingBusiness": "Please tell us about your Twitch streaming business",
      "kickStreamingBusiness": "Please tell us about your Kick streaming business",
      "streamingBusinessPlaceholder": "Tell us about your streaming schedule, content focus, typical viewers, and how you engage your community..",
      "audienceDescription": "Audience Description",
      "audiencePlaceholder": "Describe your audience and what type of content you create..",
      "channelLinks": "Channel / Profile Links",
      "channelLinksHint": "Provide a link for each platform you selected above",
      "channelLinksEmpty": "Select at least one platform above to add your links.",
      "channelLinkPlaceholder": "Enter your {{platform}} link..",
      "channelLinkMissing": "Please provide a link for each selected platform ({{platform}})",
      "channelPlaceholder": "Enter your channel or profile links..",
      "isExperiencedCryptoTrader": "Are you an experienced crypto trader yourself?",
      "yes": "Yes",
      "no": "No",
      "notSure": "Not sure",
      "wantsFreeChallenge": "Would you like to receive a free challenge after your onboarding?",
      "freeChallengeType": "Futures or Spot challenge?",
      "spotChallenge": "Spot challenge",
      "futuresChallenge": "Futures challenge",
      "freeChallengeSize": "What is the minimum challenge size you need to help your promotion?",
      "documentJourney": "Do you agree to share your experience throughout the Challenge journey on your channel(s) in a high quality way?",
      "documentJourneyChannels": "On which channels do you intend to document your challenge journey?",
      "documentJourneyChannelsPlaceholder": "e.g. YouTube, Twitter/X, Telegram, TikTok, Instagram, etc.",
      "freeChallengeSizePlaceholder": "Select minimum size",
      "preferredExchange": "Select your preferred exchange to simulate",
      "preferredExchangePlaceholder": "No preference",
      "freeChallengePromotion": "How would a free challenge help you promote ZoneX?",
      "freeChallengePromotionPlaceholder": "Please answer fully",
      "requestedRevShare": "Requested Revenue Share Percentage",
      "requestedRevSharePlaceholder": "e.g. 20%",
      "revShareJustification": "Why do you deserve or need this percentage?",
      "promotionProjection": "What do you expect your promotion to result in during the first 30, 60, and 90 days?",
      "promotionProjectionPlaceholder": "Please describe your expected results over the first 30, 60, and 90 days..",
      "promotionProjectionHint": "For example: the number of challenges purchased by traders referred by you, estimated trader registrations, and any content or campaign milestones you plan to hit.",
      "sending": "Sending..",
      "submit": "Submit Application",
      "legalMicro": "Terms subject to Partner Agreement.",
      "toastValidationTitle": "Validation Error",
      "toastSentTitle": "Application sent!",
      "toastSentDesc": "We'll review your application and get back to you soon.",
      "toastErrorTitle": "Error",
      "toastErrorDesc": "Failed to send your application. Please try again or email partners@zonex.pro directly.",
      "closingTitle": "What happens after you apply?",
      "bookmarkCopiedTitle": "Link copied",
      "bookmarkCopiedDesc": "Bookmark link copied to clipboard",
      "bookmarkAriaLabel": "Copy bookmark link for What happens after you apply section",
      "tour": {
        "tourLabel": "Tour",
        "tourTitle": "How to Apply Tour",
        "tourStart": "Start Tour",
        "tourNext": "Next",
        "tourPrev": "Previous",
        "tourDone": "Done",
        "tourStep1Title": "Step 1: Submit the Apply Now form",
        "tourStep1Body": "Start by filling out the <applyNow>Apply Now</applyNow> form on this page. Use your real, legal name exactly as it appears on your ID — this is required for identity verification before any commission payout.",
        "tourStep2Title": "Step 2: Register & complete your dashboard application",
        "tourStep2Body": "Register for your <partnerDashboard>Partner Dashboard</partnerDashboard>. Finish the registration, fill out the application inside your dashboard, and click the Submit button. Again, use your real name as it appears on your ID.",
        "tourStep3Title": "Step 3(a): Request Promo Kit access",
        "tourStep3Body": "Request access to the <promoKitPortal>ZoneX PromoKit Portal</promoKitPortal>. Be sure to use your real name.",
        "tourStep3ExtraTitle": "Step 3(b): Read materials and complete 5 short exams",
        "tourStep3ExtraBody": "Once your access to the PromoKit Portal is granted, you will receive an email with your password. Log in to the <promoKitPortal>PromoKit Portal</promoKitPortal>: (1) read the partner materials, and (2) <strong>complete the 5 short exams.</strong> Once you finish the exams, you're application will be finished!<br /><br /><strong>Click \"Next\" more important information!</strong>",
        "stepInfoAria": "Show instructions for this step",
        "tourIntroTitle": "Before you start",
        "tourIntroBody": "All 3 steps below must be completed in full before your application can be reviewed and approved. Do not skip any step — incomplete applications will not be processed.",
        "tourFinalTitle": "What happens next",
        "tourFinalBody": "All 3 steps must be completed in full to complete your application. Once they are completed, the ZoneX Partnership onboarding team will be notified and will process and approve your application (if approved). <strong>Incomplete applications will not be processed!</strong>",
        "tourAfterFinalTitle": "After you're approved",
        "tourAfterFinalBody": "If we approve your revenue share amount in the Partner Dashboard, it means you are an approved partner. <strong>Did you request a complimentary Challenge?</strong> <strong>If so, you must first post at least one high quality post on your social media and send a link to the post to partners@zonex.pro and to @FarooqObasa in Telegram to get your complimentary Challenge.</strong>",
        "tourClosingTitle": "What happens after you apply?",
        "tourClosingBody": "Now see 'What happens after you apply?' below. We have highlighted all 3 cards for you."
      },
      "reset": "Reset form and start over",
      "resetConfirm": "Reset the form? This will clear all your entered information and cannot be undone.",
      "resetDoneTitle": "Form reset",
      "resetDoneDesc": "Your application has been cleared. You can start over."
    }
  },
  "howItWorksSection": {
    "title": "How it",
    "titleHighlight": "works",
    "description": "Pay a one-time service fee for access to a simulated Challenge account up to $400K. Trade using live market data while following the profit target and risk-management rules of your chosen Challenge. Traders who pass may be approved and admitted to a Funded Trader Arrangement, where qualifying performance may earn performance-based remuneration of up to 90%.",
    "footnote": "Pay a small one-time fee to control a large account, pass the evaluation, and you can be live in weeks. The only fixed variable is your own trading pace.",
    "steps": {
      "signup": {
        "title": "Pick your account size and type & checkout",
        "duration": "Instant",
        "desc": "Choose the account size and Challenge type. Pay a one-time service fee — full identity verification and identity-based sanctions screening are not required merely to purchase the Challenge."
      },
      "credentials": {
        "title": "Receive your evaluation account",
        "duration": "Within minutes",
        "desc": "Your evaluation credentials arrive within minutes of checkout. Log into the ZoneX Terminal and trade a simulated account on live market data — no API keys or personal exchange account required for the challenge."
      },
      "trade": {
        "title": "Trade the evaluation",
        "duration": "No time limit",
        "desc": "Trade according to the profit target and drawdown limits of the challenge you selected. No minimum trading days, no deadline, no weekend or news restrictions."
      },
      "live": {
        "title": "Funded Trader Arrangement activated",
        "duration": "Same day",
        "desc": "If ZoneX approves and activates your admission, your Funded Trader Arrangement begins. Qualifying performance may earn performance-based remuneration of up to 90%, subject to the Funded Trader Rules."
      },
      "requirements": {
        "title": "Pass & fulfill requirements",
        "duration": "After passing",
        "desc": "After passing the evaluation and fulfilling all requirements, your account is reviewed and prepared for activation."
      }
    },
    "subtitle": "Control a large trading account for a small one-time fee."
  },
  "salesCallout": {
    "heading": "Still Comparing Crypto Challenge Providers?",
    "body": "The comparison table shows what is different. Learn why transparent rules, no intraday trailing on the daily drawdown floor, and a professional crypto-native trading environment give serious crypto traders a better place to prove their skill.",
    "cta": "Why the ZoneX Challenge →"
  },
  "challengeSummarySalesCallout": {
    "heading": "Still deciding?",
    "body": "Learn why serious crypto traders choose the ZoneX Challenge before you buy.",
    "cta": "Why the ZoneX Challenge →"
  },
  "sales": {
    "meta": {
      "title": "Crypto Prop Firm Challenges | Funded Crypto Trader | ZoneX",
      "description": "Compare crypto prop firms: ZoneX crypto challenges run on real crypto markets with no time limits, no consistency rules and no intraday trailing on the daily drawdown floor. From $10."
    },
    "hero": {
      "eyebrow": "Crypto Prop Firm Challenges",
      "title1": "The Crypto Challenge Built Around",
      "titleHighlight": "Real Markets",
      "subtitle": "Trade real crypto markets—not CFDs. No time limits. No consistency rules. Designed around how serious crypto traders actually trade.",
      "pill1": "Trade the real crypto markets",
      "pill2": "No Intraday Trailing",
      "pill3": "No time limits",
      "cta": "Start Your Challenge",
      "footnote": "One-time fee · No recurring charges · Swiss-registered",
      "pill4": "Professional trading platform included",
      "pill5": "No consistency rules",
      "benefits": [
        {
          "title": "Real Crypto Markets (No CFDs)",
          "body": "Live exchange pricing and order-book depth for realistic simulated execution — no synthetic slippage."
        },
        {
          "title": "No Intraday Trailing",
          "body": "Your floor is fixed during the trading day — no intraday trailing — and recalculates at the daily reset."
        },
        {
          "title": "No Consistency Rules",
          "body": "Your best trading days don't count against you. Trade your strategy, not ours."
        },
        {
          "title": "No Time Limits",
          "body": "Wait for quality setups instead of forcing trades to beat a deadline."
        },
        {
          "title": "Free Retry at 5% Realized Profit*",
          "body": "Free retry if your realized profit reached 5% before you failed — one retry per purchase, not available on purchases made with a discount, coupon or promotional offer"
        }
      ],
      "highlights": {
        "capital": {
          "headline": "Up to $400,000",
          "subtext": "QUALIFIED FUNDED CAPITAL"
        },
        "exchanges": {
          "headline": "Ten Supported Exchanges",
          "subtext": "Choose your preferred crypto exchange in one click. More coming soon."
        }
      }
    },
    "fairness": {
      "title": "Built to Reward Skill",
      "p1": "A challenge should evaluate your trading — not eliminate you through moving targets, unnecessary pressure, or hidden mechanics. ZoneX is designed around transparent rules, predictable drawdown mechanics, and professional tools that help disciplined traders turn their skill into income.",
      "p2": "ZoneX wasn't built around selling challenges. It was built to identify, develop, and retain disciplined crypto traders."
    },
    "platform": {
      "eyebrow": "Part of every challenge",
      "title": "A Professional Trading Environment Gives Serious Traders an Edge",
      "intro": "Every ZoneX challenge includes our proprietary crypto-native trading platform:",
      "features": [
        "Multi-exchange execution",
        "Professional execution",
        "Advanced order management",
        "Automatic journaling",
        "Integrated risk tools",
        "Trade-management automation"
      ],
      "outro": "These are not simply software features. They are professional trading tools designed to help disciplined traders execute more consistently, reduce preventable mistakes, manage risk more effectively, and remain within challenge rules. For serious crypto traders, that can make the difference between passing and failing."
    },
    "cryptoEdge": {
      "eyebrow": "Aligned by design",
      "title": "One Platform, One Set of Incentives",
      "items": [
        {
          "title": "One Platform From Evaluation to Funded",
          "body": "The terminal, layouts, hotkeys, journaling and risk tools you use during your challenge are the same ones you use afterwards. Nothing to relearn at the exact moment execution matters most."
        },
        {
          "title": "Our Incentives Are Aligned With Yours",
          "body": "Exchanges profit when you overtrade. ZoneX doesn't. We make money when disciplined traders pass and keep performing, so the platform is built around risk control, journaling and automation — tools that reward patience instead of punishing it."
        }
      ]
    },
    "compare": {
      "title": "Price Is Easy to Compare. Value Isn't.",
      "p1": "A lower entry price doesn't necessarily mean better value.",
      "p2": "Some challenges rely on lifetime trailing drawdowns, intraday high-water marks, consistency restrictions, daily profit limits, or other mechanics that can require multiple purchases before a trader succeeds.",
      "p3": "ZoneX was designed differently.",
      "p4": "Our goal isn't to make challenges easier. It's to make them fairer by evaluating trading skill under transparent, predictable rules and providing a professional crypto-native trading environment that helps disciplined traders perform at their best.",
      "p5": "The right comparison isn't simply the entry fee. It's the quality of the trading environment, the fairness of the rules, and your opportunity to demonstrate your trading skill."
    },
    "philosophy": {
      "title": "Two Philosophies",
      "intro": "The difference between a typical challenge and ZoneX isn't a feature list — it's a philosophy.",
      "tradEyebrow": "Traditional challenge philosophy",
      "tradBody": "Adapt your trading around restrictive rule mechanics.",
      "zonexEyebrow": "ZoneX philosophy",
      "zonexBody": "Focus on your trading while transparent rules evaluate your skill."
    },
    "swiss": {
      "eyebrow": "Swiss accountability",
      "title": "An Established Swiss Company",
      "body": "ZoneX AG is a Swiss technology company with transparent ownership, clear legal accountability, and a reputation to protect.",
      "body2": "You're dealing with an established company — not an anonymous offshore website.",
      "link": "ZoneX AG · UID CHE-192.381.383"
    },
    "benefits": {
      "title": "How ZoneX Improves Your Chances of Passing",
      "intro": "Every part of the challenge is designed to answer one question: how does this help you pass?",
      "items": [
        {
          "title": "Know exactly where your drawdown floor sits all session",
          "body": "Your drawdown floor is fixed during the trading day — no intraday trailing — so you are always measured from a level you can see. It recalculates at the daily reset."
        },
        {
          "title": "Wait for your A+ setup instead of forcing trades to beat a deadline",
          "body": "With no time limit, you trade your edge when it appears. No countdown clock pushing you into low-quality entries in the final week."
        },
        {
          "title": "Professional tools designed to help you trade better—not simply trade more",
          "body": "Risk management, automation and journaling built into every challenge, so you execute more consistently and make fewer preventable mistakes."
        },
        {
          "title": "Know exactly what you're being evaluated on",
          "body": "Transparent rules and Swiss legal accountability mean no moving targets and no hidden mechanics — so you can focus entirely on trading."
        }
      ]
    },
    "whatYouGet": {
      "title": "Everything You Need to Focus on Trading",
      "col1Title": "Professional Environment",
      "col1Items": [
        "Professional crypto-native platform",
        "Multi-exchange execution",
        "Professional execution",
        "Journaling",
        "Automation",
        "Risk management"
      ],
      "col2Title": "Challenge Structure",
      "col2Items": [
        "No Intraday Trailing",
        "No Consistency Rules",
        "No Time Limit",
        "Free Retry",
        "Optional Pre-Violation Warning"
      ],
      "col3Title": "Trust",
      "col3Items": [
        "Swiss company",
        "Clear legal accountability"
      ]
    },
    "career": {
      "title": "Build Your Trading Career With ZoneX",
      "p1": "The goal isn't simply to pass one challenge. It's to find a trading firm built around disciplined crypto traders and continue developing over the long term.",
      "p2": "From your first evaluation onward, ZoneX is designed to provide the professional environment serious traders need to improve, demonstrate their skill, and continue building with confidence.",
      "p3": "Pass your challenge. Prove your process. Build with ZoneX."
    },
    "objections": {
      "eyebrow": "Straight answers",
      "title": "The Questions Serious Traders Ask",
      "items": [
        {
          "q": "Why choose ZoneX over a cheaper challenge?",
          "a": "Because the challenge fee is only one part of the equation. A cheaper challenge can become more expensive if restrictive rule mechanics require multiple evaluation purchases before you pass. ZoneX is built around transparent rules, no intraday trailing on the daily drawdown floor, no arbitrary time limit, and a professional crypto-native trading environment designed to help disciplined traders turn their skill into income. The best value isn't always the lowest entry price—it's the challenge that gives you the strongest opportunity to succeed."
        },
        {
          "q": "Am I trading real crypto markets or simulated CFDs?",
          "a": "Your challenge is a simulated evaluation, but it runs on real crypto market data — pricing derived from real exchange markets, not synthetic CFD pricing. After you pass, you keep the same platform and the same market conditions you evaluated in."
        },
        {
          "q": "Your Disciplined Trader challenge rules look strict.",
          "a": "They're clear, not strict, and certainly not tricky. Three rules: daily drawdown, total drawdown, and a stop-loss on every position. That's it. No moving targets, no math traps."
        },
        {
          "q": "Why does the platform matter for a challenge?",
          "a": "The professional crypto-native platform is included with every challenge. It is part of the environment you are evaluated in, not a separate product decision."
        },
        {
          "q": "Why does it matter that ZoneX is Swiss?",
          "a": "ZoneX AG is a Swiss-registered company with clear legal accountability — not an anonymous offshore website."
        },
        {
          "q": "What if I fail?",
          "a": "If your realized profit reached 5% at any point before you failed, your retry is free — one retry per purchase, and not available on purchases made with a discount, coupon or promotional offer. Realized profit means closed, filled trades, not an unrealized equity peak. Otherwise, purchase a new challenge — the fee is a one-time cost with no recurring charges."
        }
      ]
    },
    "finalCta": {
      "title": "A Challenge Should Measure Skill—Nothing Else",
      "subtitle": "A challenge shouldn't eliminate traders because of synthetic markets, unnecessary time pressure, or technicalities.",
      "question": "It should answer one question: can you trade consistently and profitably?",
      "answer": "That's exactly what ZoneX was built to do.",
      "closing": "If you're looking for a crypto challenge designed around real markets, transparent rules, and long-term trading success, ZoneX was built for you.",
      "cta": "Start Your Challenge",
      "footnote": "One-time fee · No recurring charges · Swiss-registered",
      "closingEmphasis": "Start your challenge today and prove your trading skill in an environment built specifically for crypto traders."
    },
    "whyChoosing": {
      "eyebrow": "Built for crypto traders",
      "title": "Why Serious Crypto Traders Are Choosing ZoneX",
      "intro": "Most crypto trading platforms were built for forex. ZoneX was built specifically for crypto. That difference affects everything—from execution quality and market access to the fairness of the evaluation itself.",
      "items": [
        {
          "title": "Trade the Real Crypto Market",
          "body": "Your evaluation runs in a simulated environment on live exchange market data — not synthetic CFD pricing. Genuine market pricing with realistic simulated execution; orders are never sent to the live exchange order book."
        },
        {
          "title": "Your Floor Doesn't Move Intraday",
          "body": "Your drawdown floor is fixed during the trading day — no intraday trailing — so the level you are measured from stays the same all session, then recalculates at the daily reset."
        },
        {
          "title": "No Time Limits",
          "body": "Trade when high-quality opportunities exist—not because a countdown clock forces you to."
        },
        {
          "title": "Professional Trading Tools",
          "body": "Advanced execution, risk management, automation, and trade journaling designed specifically for crypto traders."
        },
        {
          "title": "Trade on Your Preferred Exchange",
          "body": "Choose from ten leading cryptocurrency exchanges while enjoying one consistent professional trading experience."
        },
        {
          "title": "Transparent Rules",
          "body": "No hidden mechanics. No moving targets. Every rule is designed to evaluate trading skill fairly."
        }
      ]
    },
    "realMarket": {
      "eyebrow": "Why Real Exchange Markets Matter",
      "title": "Trade the Real Crypto Markets — Not Synthetic CFDs",
      "intro": "Most crypto challenge providers evaluate traders using synthetic CFD markets—not the real crypto exchanges. CFD products typically carry wider spreads, lower liquidity, higher slippage and execution that behaves differently from the underlying market, which directly affects your entries, exits, stop-loss execution and overall results. ZoneX evaluations run on live exchange market data, so if your goal is to prove you can trade the real crypto markets, your evaluation takes place in an environment that mirrors those same markets.",
      "themTitle": "Most Challenge Providers",
      "themItems": [
        "Trade synthetic CFDs",
        "Limited cryptocurrency pairs",
        "Lower liquidity",
        "Wider spreads",
        "Higher slippage",
        "Execution often differs from the real crypto market"
      ],
      "themResultLabel": "Result",
      "themResult": "Poorer fills, less accurate entries and exits, and a trading experience that does not accurately reflect trading with your own capital.",
      "usTitle": "ZoneX",
      "usItems": [
        "Direct connectivity to leading cryptocurrency exchanges",
        "Real exchange market data and market-driven pricing",
        "All supported trading pairs",
        "Genuine market pricing",
        "Realistic execution quality",
        "Professional crypto trading environment"
      ],
      "usResultLabel": "Result",
      "usResult": "Trade in an environment that closely mirrors real-world crypto trading, helping you execute your strategy under realistic market conditions."
    },
    "builtForCrypto": {
      "eyebrow": "Crypto-native from day one",
      "title": "Built for Crypto — Not Adapted to It",
      "p1": "Most challenge providers began as forex firms and later added crypto using infrastructure that was never designed for digital assets. The result is a compromise: forex-style mechanics applied to markets that behave nothing like currency pairs.",
      "p2": "ZoneX was built specifically for cryptocurrency markets from day one — the drawdown model, the execution stack, the exchange connectivity, and the platform itself. That produces a trading environment that more accurately reflects real crypto trading, and an evaluation that measures your skill in the market you actually trade."
    },
    "midCta": {
      "title": "Ready to trade a challenge built for crypto?",
      "subtitle": "Choose your challenge size and start under transparent, crypto-native rules.",
      "cta": "Start Your Challenge"
    },
    "comparison": {
      "title": "Typical Crypto Challenge vs ZoneX",
      "themTitle": "Typical Challenge",
      "usTitle": "ZoneX",
      "rows": [
        {
          "them": "Synthetic CFDs",
          "us": "Real Crypto Markets",
          "benefit": "Live exchange pricing and order-book depth for realistic simulated execution — no synthetic slippage."
        },
        {
          "them": "Time Limits",
          "us": "No Time Limits",
          "benefit": "Wait for quality setups instead of forcing trades to beat a deadline."
        },
        {
          "them": "Consistency Rules",
          "us": "No Consistency Rules",
          "benefit": "Your best trading days don't count against you. Trade your strategy, not ours."
        },
        {
          "them": "Standard Drawdown",
          "us": "No Intraday Trailing",
          "benefit": "Your drawdown floor is fixed during the trading day — no intraday trailing — and recalculates at the daily reset."
        },
        {
          "them": "No Free Retry",
          "us": "Free Retry at 5% Realized Profit*",
          "benefit": "Free retry if your realized profit reached 5% before you failed — one retry per purchase, not available on purchases made with a discount, coupon or promotional offer"
        }
      ]
    }
  },
  "chat": {
    "title": "ZoneX Support Assistant",
    "subtitle": "Ask about anything ZoneX related",
    "placeholder": "Ask about anything ZoneX related…",
    "openAria": "Open support assistant",
    "closeAria": "Close support assistant",
    "closeChat": "Close support chat",
    "clearAria": "Clear conversation",
    "clearConfirm": "Clear this conversation?",
    "sendAria": "Send message",
    "statusApi": "API status: {{status}}. Click to recheck.",
    "statusOk": "API reachable",
    "statusDown": "API unreachable — click to recheck",
    "statusChecking": "Checking API…",
    "statusUnknown": "API status unknown",
    "greeting": "Hi! I'm the ZoneX Support Assistant. Try asking:",
    "sample1": "How is daily drawdown calculated?",
    "sample2": "Does a quick open/close count as a trading day?",
    "sample3": "How does the free retry work?",
    "sample4": "How do I apply as a ZoneX Partner?",
    "retry": "Try again",
    "errRate": "You're sending messages too fast. Please wait a moment.",
    "errCredits": "AI credits exhausted. Please contact dev@zonex.pro.",
    "errGeneric": "Something went wrong.",
    "errStopped": "⚠️ The assistant stopped responding.",
    "errNoResp": "⚠️ No response received.",
    "errConn": "⚠️ Connection error.",
    "disclaimer": "AI-generated. For official terms, see Challenge Rules & Terms.",
    "quickChallenges": "Challenges",
    "quickPricing": "Pricing",
    "quickTerminal": "Trading Terminal",
    "quickPartners": "Partners",
    "quickFaq": "FAQ",
    "quickChallengesPrompt": "Give me a quick overview of the ZoneX challenge types (Disciplined Trader, Your Own Style, High Conviction).",
    "quickPricingPrompt": "What are the current ZoneX Challenge prices?",
    "quickTerminalPrompt": "Explain the ZoneX Trading Terminal subscription tiers, features, and pricing.",
    "quickPartnersPrompt": "How does the ZoneX Partners program work and how do I apply?",
    "quickFaqPrompt": "What are the most common questions traders ask about ZoneX challenges?",
    "copyLink": "Copy link to assistant",
    "copyLinkAria": "Copy link to assistant",
    "linkCopied": "Link copied!",
    "linkCopiedAria": "Link copied"
  },
  "platform": {
    "positioning": "Most crypto trading platforms were built for forex. ZoneX was built specifically for crypto.",
    "positioningBody": "Our evaluations run on real crypto markets with transparent rules and a professional crypto-native trading environment — designed to evaluate trading skill fairly rather than relying on restrictive rule mechanics.",
    "heading": "Professional Crypto Native Trading Platform",
    "subheading": "Every challenge includes the full ZoneX terminal — the same tools you keep using once you are funded.",
    "capabilities": {
      "exchanges": "Ten Supported Exchanges",
      "positionManagement": "Position Management",
      "twoClickTrading": "Two-Click Trading",
      "tradeJournal": "Trade Journal",
      "riskManagement": "Risk Management",
      "automation": "Automation",
      "realTimeData": "Real-Time Data",
      "multiAccount": "Multi-Account Support"
    }
  },
  "partners": {
    "complimentaryChallengeNotice": "This Complimentary Challenge and any resulting Funded Account are subject to Sections 3A and 3B of the Partner Independent Contractor Agreement."
  },
  "primaryBenefits": {
    "ariaLabel": "Primary ZoneX Challenge benefits",
    "buildYourOwn": {
      "title": "Build Your Own Challenge",
      "eyebrow": "BUILT AROUND YOU.",
      "desc": "Your risk. Your target. Your leverage. Your payout."
    },
    "exchangeAgnostic": {
      "title": "Exchange Agnostic",
      "desc": "Ten supported exchanges, and more on the way. Trade your favorite exchange — not ours."
    },
    "noConsistency": {
      "title": "No Consistency Rules",
      "desc": "A big winning day doesn't count against you."
    },
    "noTimeLimit": {
      "title": "No Challenge Time Limit",
      "desc": "Wait for your setups. Don't trade against a countdown."
    },
    "dailyFloor": {
      "title": "No Intraday Trailing",
      "desc": "Your floor is fixed during the trading day — no intraday trailing — and recalculates at the daily reset."
    },
    "realMarkets": {
      "title": "Real Crypto Markets",
      "desc": "Trade crypto market data — not synthetic CFDs."
    },
    "preViolation": {
      "title": "Pre-Violation Warning Option",
      "desc": "Get an alert before you reach a Challenge risk limit, so you can adjust."
    },
    "staticDrawdown": {
      "title": "Static Drawdown",
      "desc": "Your maximum drawdown is fixed from your initial balance. It never trails upward."
    }
  },
  "proofStrip": {
    "spotFutures": "Spot + Futures",
    "exchanges": "Ten Supported Exchanges",
    "split": "Performance split selected at purchase",
    "swiss": "Swiss Registered"
  },
  "floatingCta": {
    "label": "Start Challenge · From {{price}}"
  },
  "home2": {
    "why": {
      "eyebrow": "Why ZoneX",
      "heading": "Built to let traders trade",
      "subheading": "You bring the edge. ZoneX removes the unnecessary barriers between you and executing it.",
      "dailyFloorTitle": "No Intraday Trailing",
      "dailyFloor": "Your drawdown floor stays fixed during the trading day and recalculates at the daily reset.",
      "preViolationTitle": "Optional Pre-Violation Warning",
      "preViolation": "Get an optional alert before you reach a Challenge risk limit, giving you time to adjust.",
      "realMarketsTitle": "Real Crypto Markets",
      "realMarkets": "Live crypto market data. Simulated Challenge account — no synthetic CFD-style feed.",
      "spotFuturesTitle": "Spot + Futures",
      "spotFutures": "Trade the market that fits your strategy.",
      "retryTitle": "Free Challenge Retry",
      "retry": "Meet the qualifying conditions but miss the objective? Get one free retry under the published rules.",
      "splitTitle": "Performance split selected at purchase",
      "split": "Your performance split is the percentage recorded in your purchase configuration. It applies only after a separate funded-stage review.",
      "oneStepTitle": "One-Step Evaluation",
      "oneStep": "One evaluation phase. No second stage before qualification.",
      "noMinDaysTitle": "No Minimum Trading Days",
      "noMinDays": "Meet the objectives and you can complete the Challenge. No minimum number of trading days.",
      "noTimeLimitTitle": "No Time Limit",
      "noTimeLimit": "Wait for your setups. Don't trade against a countdown.",
      "noConsistencyTitle": "No Consistency Rules",
      "noConsistency": "Strong trading days don't become a penalty.",
      "proof": {
        "spotFutures": "Spot + Futures",
        "split": "Performance split selected at purchase",
        "capital": "Up to $400K Qualified Funded Capital",
        "swiss": "Swiss Registered"
      }
    },
    "brand": {
      "tagline": "Prove your edge.",
      "taglineAccent": "Stay in the zone.",
      "lead": "ZoneX was built around a simple idea: talented crypto traders should be able to prove their edge in a fair environment designed for how crypto is actually traded.",
      "pillars": "Transparent rules that don’t move. Freedom across the exchanges that matter. Our own Swiss-built, crypto-native technology designed from the ground up to remove friction from execution.",
      "closing": "You bring the edge. We build the environment to execute it.",
      "eyebrow": "Our Mission",
      "mission": "Our mission is to give crypto traders a fairer environment to prove their edge and earn funding. With transparent rules, the freedom to trade across leading exchanges, and Swiss-built, crypto-native technology, ZoneX lets traders focus on their edge, and stay in the zone."
    },
    "terminal": {
      "eyebrow": "ZoneX Terminal",
      "heading": "A real trading terminal comes with your Challenge",
      "subheading": "Every Challenge includes the full ZoneX terminal — the same professional environment you keep using afterwards.",
      "orders": "Advanced Order Functionality",
      "journal": "Automated Trading Journal",
      "interface": "Crypto-Native Interface",
      "explore": "Explore the ZoneX Terminal"
    },
    "steps": {
      "eyebrow": "How the Challenge works",
      "heading": "Three steps. Clear rules.",
      "one": {
        "title": "Choose Your Challenge",
        "desc": "Select your account size, risk parameters and Challenge configuration."
      },
      "two": {
        "title": "Prove your strategy",
        "desc": "Reach the required objectives while staying within the published risk rules."
      },
      "three": {
        "title": "Qualify for the Funded Trader Programme",
        "desc": "After passing, complete verification and account review. Any approved account requires a separate agreement; funding is not guaranteed."
      }
    },
    "compare": {
      "eyebrow": "Comparison",
      "heading": "Compare before you choose",
      "subheading": "The details of a Challenge matter more than the headline account size.",
      "varies": "Varies by firm",
      "none": "None",
      "fixedFloor": "Fixed daily floor, set at the daily reset",
      "realCrypto": "Real crypto markets",
      "freeRetry": "Free qualifying retry",
      "split": "Up to 90%",
      "footnote": "Competitor information is based on terms published on their own websites and may change at any time. Where a provider's terms vary by programme or are not published in a comparable form, this is shown as \"Varies by firm\". Please verify current terms directly with each provider before purchasing.",
      "rows": {
        "consistency": "Consistency rule",
        "timeLimit": "Challenge time limit",
        "drawdown": "Drawdown methodology",
        "marketStructure": "Market structure",
        "spot": "Spot trading",
        "futures": "Futures trading",
        "exchanges": "Exchange access",
        "terminal": "Trading terminal included",
        "retry": "Retry structure",
        "split": "Performance split",
        "price": "Challenge starting price"
      }
    },
    "rules": {
      "heading": "Know the rules before you start.",
      "subheading": "Review your Challenge’s objectives, risk limits and trading requirements before purchasing.",
      "rules": "Challenge Rules",
      "terms": "Challenge Terms & Conditions"
    },
    "swiss": {
      "heading": "Built in Switzerland",
      "body": "ZoneX AG — Zug, Switzerland.\nSwiss-registered technology company.",
      "disclaimer": "Company registration is not financial-services authorization.",
      "verify": "Verify in the Swiss commercial register",
      "impressum": "Impressum"
    },
    "finalCta": {
      "heading": "Ready to trade your strategy?",
      "subheading": "No consistency rules. No Challenge time limit. Real crypto markets.",
      "price": "Challenges from {{price}}.",
      "button": "Build Your Challenge",
      "rulesLink": "Review Challenge Rules"
    }
  },
  "cookieConsent": {
    "ariaLabel": "Cookie consent",
    "message": "We use cookies to keep the site secure and, with your consent, to analyze usage and improve your experience.",
    "learnMore": "Read our Cookie Policy",
    "decline": "Reject non-essential",
    "accept": "Accept all",
    "title": "We value your privacy",
    "necessaryTitle": "Strictly necessary",
    "necessaryDescription": "Required for the site to work securely (security, language and consent storage). These cannot be switched off.",
    "analyticsTitle": "Analytics & performance",
    "analyticsDescription": "Google Analytics and PostHog help us understand how the site is used. Set only with your consent; you can withdraw it at any time.",
    "alwaysOn": "Always on",
    "customize": "Customize",
    "save": "Save preferences"
  },
  "home5": {
    "compare": {
      "cta": {
        "heading": "Ready to prove your strategy?",
        "button": "Start Your Challenge"
      },
      "rows": {
        "exchanges": "Exchanges supported",
        "phases": "Evaluation phases",
        "minDays": "Minimum trading days"
      },
      "zx": {
        "exchanges": "8"
      },
      "cft": {
        "exchanges": "1"
      },
      "hyro": {
        "exchanges": "2"
      },
      "bf": {
        "exchanges": "1"
      },
      "tableCaptionAll": "ZoneX compared with Crypto Fund Trader, HyroTrader, and BitFunded"
    }
  },
  "payoutScaling": {
    "title": "Performance Incentive Scaling",
    "intro": "The applicable Performance Remuneration percentage is recorded in the Account Schedule for the approved Account Configuration. It does not increase automatically through payment-count milestones.",
    "start": "Applicable percentage — as recorded in the Account Schedule",
    "milestone": "No automatic payment-count milestone",
    "caption": "Applied when performance-based remuneration is approved under your Funded Trader Arrangement."
  },
  "home4": {
    "steps": {
      "two": {
        "title": "Pass One Evaluation",
        "desc": "Reach the profit objective while staying within the published risk rules. One evaluation phase, no minimum trading days and no time limit."
      },
      "three": {
        "desc": "Passing makes you eligible for a separate funded-stage review. If ZoneX approves admission, you must accept the Funded Trader Services Agreement, applicable Account Schedule and Funded Trader Rules before activation. Full KYC is required no later than before the first Performance Remuneration payment unless earlier checks are required."
      }
    }
  },
  "home6": {
    "compare": {
      "rows": {
        "maxDrawdown": "Maximum drawdown"
      },
      "zx": {
        "maxDrawdown": "Static from initial balance",
        "phases": "1"
      },
      "cft": {
        "phases": "1 or 2*"
      },
      "hyro": {
        "maxDrawdown": "Trailing on standard Challenge*"
      },
      "b2": {
        "title": "Static Maximum Drawdown",
        "body": "Your maximum drawdown is fixed from your initial balance. It never trails upward."
      }
    }
  },
  "ccLanding": {
    "meta": {
      "title": "Crypto Prop Firm Challenge — Build Your Own | ZoneX",
      "description": "Customize your crypto Challenge’s account size, risk limits, target, leverage and performance split. One-step evaluation with static drawdown and no minimum days."
    },
    "hero": {
      "eyebrow": "Crypto Prop Trading Challenges",
      "title": "Build Your Own Crypto Prop Firm Challenge",
      "supporting": "Your risk. Your target. Your leverage. Your payout.",
      "description": "Choose the parameters that fit your strategy, then trade a one-step simulated evaluation using live market data from your selected supported exchange.",
      "ctaPrimary": "Build Your Challenge — From {{price}}",
      "ctaSecondary": "See Challenge Rules",
      "proof": "One-Step · Static Drawdown · No Minimum Trading Days",
      "disclosure": "One-time Challenge fee. Terminal access included."
    },
    "builder": {
      "title": "Configure Your Challenge",
      "description": "Adjust your simulated account size, maximum total drawdown, maximum daily loss, profit target, leverage and performance split within the available limits. Review your configuration and price before checkout.",
      "note": "Your purchased configuration governs the Challenge. The performance split applies to an approved post-Challenge arrangement, not to simulated evaluation profits.",
      "noteShort": "Simulated Challenge profits are not withdrawable. Your selected split applies to an approved post-Challenge account."
    },
    "differentiators": {
      "title": "Why This Challenge Fits Your Strategy",
      "build": {
        "title": "Build Your Own Challenge",
        "body": "Choose your account size, risk limits, target, leverage and performance split."
      },
      "terminal": {
        "title": "Your Exchange. One Terminal.",
        "body": "Choose a supported exchange environment and trade through the ZoneX Terminal."
      },
      "drawdown": {
        "title": "Static Maximum Drawdown",
        "body": "Your total drawdown floor stays fixed from your initial balance—even as profits grow."
      },
      "warning": {
        "title": "Optional Pre-Violation Warning",
        "body": "Get alerts about potentially rule-breaching actions before proceeding."
      }
    },
    "why": {
      "title": "One Evaluation. No Unnecessary Trading Days.",
      "oneStep": {
        "title": "One-Step Evaluation",
        "body": "One trading evaluation phase. No second trading test after you complete it."
      },
      "days": {
        "title": "No Minimum Trading Days",
        "body": "Meet the objectives without placing extra trades just to satisfy a day counter."
      },
      "deadline": {
        "title": "No Completion Deadline",
        "body": "Take the time you need to complete an activated Challenge while following the published rules."
      },
      "consistency": {
        "title": "No Consistency Rule",
        "body": "No best-day profit cap or requirement to spread Challenge profits across multiple days."
      },
      "note": "Your selected profit target, risk limits and other published trading requirements still apply.",
      "rules": "Challenge Rules",
      "terms": "Challenge Terms & Conditions"
    },
    "receive": {
      "title": "Your Exchange Environment. The ZoneX Terminal.",
      "body": "Trade your simulated Challenge through ZoneX using live market data from your selected supported exchange. Keep your charts, order management, risk tools, trading journal and performance tracking in one environment.",
      "features": {
        "charts": "Professional charts and order management",
        "risk": "Risk tools and real-time Challenge metrics",
        "journal": "Trading journal and performance tracking",
        "markets": "Spot and Futures configurations where supported"
      },
      "note": "Availability depends on the selected exchange environment, instrument and Challenge configuration. A Challenge does not freely switch between exchanges after purchase.",
      "imageAlt": "ZoneX Terminal with crypto charts, order management and Challenge risk metrics"
    },
    "pass": {
      "title": "What Happens After Passing",
      "s1": {
        "title": "Complete your Challenge",
        "body": "Meet your selected profit target and comply with the Challenge Rules."
      },
      "s2": {
        "title": "Separate funded-stage review",
        "body": "ZoneX separately reviews eligibility, Challenge integrity and rule compliance. Passing does not guarantee admission."
      },
      "s3": {
        "title": "Approval, funded documents and activation",
        "body": "If ZoneX approves admission, accept the Funded Trader Services Agreement, Account Schedule and Funded Trader Rules before activation. Full KYC is required no later than before the first Performance Remuneration payment unless required earlier."
      },
      "disclosure": "Passing does not guarantee a Funded Trader Arrangement, ZoneX-owned proprietary capital, or payment. An approved arrangement may use a simulated environment, ZoneX-owned proprietary capital, or a combination determined by ZoneX."
    },
    "swiss": {
      "title": "A Verifiable Swiss Company",
      "body": "ZoneX AG is registered in Zug, Switzerland. Verify who operates ZoneX before purchasing.",
      "verify": "Verify Company Registration"
    },
    "faq": {
      "title": "Before You Buy",
      "rulesLink": "Challenge Rules",
      "termsLink": "Challenge Terms & Conditions",
      "q1": "What can I customize?",
      "a1": "Choose your simulated account size, total drawdown, daily-loss limit, profit target, leverage and performance split before purchase. The Pre-Violation Warning is optional.",
      "q2": "How many evaluation phases and trading days are required?",
      "a2": "One evaluation phase, with no minimum trading days. Complete your selected profit target and all published requirements. Post-approval payout conditions are separate.",
      "q3": "Is there a deadline?",
      "a3": "There is no maximum completion time for an activated Challenge. A separate thirty-day activation window applies to a purchased Challenge under the Challenge Terms & Conditions.",
      "q4": "How does drawdown work?",
      "a4": "Total drawdown stays fixed from your initial simulated balance. Daily-loss controls are separate and reset at 02:00 Europe/Zurich. See the Challenge Rules for the calculation.",
      "q5": "Do I need a personal exchange account?",
      "a5": "No. Your Challenge uses a simulated ZoneX account with market data from your selected supported exchange. No personal exchange API connection is required.",
      "q6": "Is the Pre-Violation Warning included automatically?",
      "a6": "No. It is an optional paid add-on designed to flag potentially rule-breaching actions. It does not change the rules or guarantee protection against every breach.",
      "q7": "What happens after I pass, and which performance split applies?",
      "a7": "After passing, complete verification and account review. If approved, a separate agreement governs your selected performance split and payout conditions. Challenge profits are not withdrawable.",
      "q8": "What does the Challenge fee include?",
      "a8": "The one-time fee covers your configured simulated evaluation and its included Terminal access. Optional add-ons are priced before purchase.",
      "q9": "How does the free retry work?",
      "a9": "Eligible purchases qualify for one retry if realized profit reached at least 5% before the Challenge subsequently failed. Unrealized profits do not count. The retry uses the same purchased configuration and account size. Discounted, coupon and promotional purchases are excluded, and the published eligibility and abuse provisions apply."
    },
    "finalCta": {
      "title": "Build Your Challenge. Prove Your Edge.",
      "subtitle": "Your risk. Your target. Your leverage. Your payout.",
      "cta": "Build Your Challenge — From {{price}}",
      "secondary": "Review Challenge Rules"
    }
  },
  "home3": {
    "terminal": {
      "heading": "100% Free Crypto Trading Terminal",
      "subheading": "Connect your own account at a supported crypto exchange via API and trade your own crypto through the ZoneX Terminal for free. No Challenge purchase required.",
      "distinction": "Use the Terminal to trade your own connected exchange accounts or your ZoneX Challenge. Personal-account trades use your own funds; Challenge trades take place in a simulated evaluation environment.",
      "useFree": "Use the Terminal Free",
      "premiumNote": "Optional paid premium features are available inside the Terminal. Exchange trading fees still apply."
    }
  },
  "fundedTraderRules": {
    "title": "Funded",
    "titleHighlight": "Trader Rules",
    "lastUpdated": "Version 2.0 · Last Updated: 23 September 2026",
    "keyPoints": {
      "title": "Key points",
      "item1": "These Rules apply after admission through either the post-Challenge or Instant Funded route.",
      "item2": "The Trading Environment may be simulated, use ZoneX-owned proprietary capital, or combine both.",
      "item3": "The participant owns neither simulated balances nor ZoneX accounts, capital, positions, assets or proceeds.",
      "item4": "Payments are contractual Performance Remuneration, not withdrawals of participant assets.",
      "item5": "Full identity verification and identity-based sanctions screening are required before the first performance payout."
    },
    "section1": {
      "title": "1. Scope",
      "p1": "These Funded Trader Rules apply to every Funded Trader Arrangement between ZoneX AG (\"ZoneX\") and a participant, whichever admission route was used. They are accepted separately, together with the Funded Trader Services Agreement (the \"Agreement\") and the populated Account Schedule, before a funded-stage Account Configuration is activated. Acceptance during a Challenge purchase or checkout does not constitute acceptance of these Rules.",
      "p2": "The Agreement governs the relationship itself, including admission, the nature of the Trader Services, contractor status, the Trading Environment and ownership of capital, fees, identity verification and sanctions, and precedence. These Rules set out the operating mechanics of a Funded Trader Arrangement.",
      "p3": "In these Rules, \"participant\" means the Trader under the Agreement, and \"Funded Trader Arrangement\" means the Trader's relationship with ZoneX under the Agreement for an Account Configuration. The \"starting reference level\" is the notional account size recorded in the Account Schedule at activation, or in an amended Account Schedule following scaling under Section 5. Other capitalised terms have the meaning given in the Agreement.",
      "p4": "Under the Agreement §17.5, the order of precedence is: (a) the Agreement, except that the Account Schedule controls expressly stated account-specific commercial terms; (b) the Account Schedule; and (c) these Rules. Marketing materials, FAQs, glossary entries, blog articles, emails and support content, including the AI support assistant, are informational only and are not contractually binding."
    },
    "section2": {
      "title": "2. Risk and Conduct Rules",
      "c1Subtitle": "2.1 Account-Specific Parameters",
      "c1P1": "The daily drawdown percentage, total drawdown percentage, maximum leverage, remuneration percentage and other account-specific terms are those recorded in the Account Schedule. For a post-Challenge arrangement, the completed Challenge configuration may supply the data used to populate the Account Schedule. For an Instant Funded Account, the purchased configuration may supply that data. High Conviction participants retain the wider drawdown profile recorded in their Account Schedule.",
      "c2Subtitle": "2.2 Challenge Rules Incorporated by Reference",
      "c2Intro": "The following provisions apply to every Funded Trader Arrangement, in the version accepted by the participant together with the Account Schedule:",
      "c2Item1": "Challenge Rules Section 5 (Risk & Drawdown Rules): committed open risk, the static total drawdown floor, the daily-loss limit, liquidation, the mandatory stop-loss on every position, and the requirement that a stop-loss sit no further from entry than 90% of the venue liquidation distance;",
      "c2Item2": "Challenge Rules Section 7 (Trading Rules): allowed and prohibited practices; and",
      "c2Item3": "Challenge Terms Sections 10.3 (Static Maximum Drawdown), 10.4 (Daily Loss) and 10a (Stop-Loss Distance and Liquidation).",
      "c2P1": "In those provisions, \"Challenge\" means the Funded Trader Arrangement, \"purchased Challenge configuration\" means the Account Schedule, and \"initial account balance\" means the starting reference level. The total drawdown floor is static: it is calculated once from the starting reference level and is not recalculated after a payout or at the daily reset. A new floor applies only where an amended Account Schedule sets a new starting reference level under Section 5.",
      "c2P2": "Profit targets, Challenge completion, the free retry and the Pre-Violation Warning add-on do not apply to a Funded Trader Arrangement. A breach of an incorporated rule is not a Challenge failure. It is handled under Section 7 of these Rules and the Agreement.",
      "terminationTitle": "Termination thresholds.",
      "terminationIntro": "For the purposes of the Agreement §11.6, each of the following is a termination threshold:",
      "terminationItem1": "breaching the daily-loss limit;",
      "terminationItem2": "breaching the total drawdown floor;",
      "terminationItem3": "a liquidation event, whether simulated or actual; and",
      "terminationItem4": "placing or modifying a stop-loss further from entry than 90% of the liquidation distance, or changing leverage so that an existing position exceeds that limit.",
      "c3Subtitle": "2.3 Additional Funded-Stage Prohibited Practices",
      "c3Intro": "In addition to the prohibited practices in Challenge Rules Section 7, a participant must not engage in:",
      "c3Item1": "copy trading;",
      "c3Item2": "use of multiple accounts to circumvent limits;",
      "c3Item3": "unauthorised automation or bots; or",
      "c3Item4": "hedging or coordination intended to evade risk controls.",
      "c4Subtitle": "2.4 Simulated and Actual Positions",
      "c4P1": "The same rules and measurements apply in both environments. In a simulated environment, references to liquidation, execution and market outcomes mean simulated events. See the Agreement §4 for environment and ownership provisions."
    },
    "section3": {
      "title": "3. Trading Days",
      "qualifyingTitle": "Qualifying trading day.",
      "qualifyingP1": "A trading day runs from 02:00 to 02:00 Europe/Zurich. A trading day counts when at least one position opened during it is held for 3 minutes or longer and at least one trade opened during it carries risk of 0.1% or greater. A trade counts toward the trading day in which it was opened, even if it closes after the next reset.",
      "profitableTitle": "Profitable trading day.",
      "profitableP1": "A qualifying trading day on which the account closes with a net positive result."
    },
    "section4": {
      "title": "4. Performance Remuneration",
      "p1": "Performance Remuneration is contractual compensation for Trader Services under the Agreement §6. It is calculated by applying the remuneration percentage recorded in the Account Schedule, subject to this Section.",
      "c1Subtitle": "4.1 First Request",
      "c1Intro": "A first performance payout request may be submitted after:",
      "c1Item1": "14 calendar days of funded programme trading;",
      "c1Item2": "a minimum of $50 in PnL; and",
      "c1Item3": "at least 1 profitable trading day.",
      "c2Subtitle": "4.2 Request Interval",
      "c2P1": "One (1) performance payout request may be submitted every seven (7) calendar days. Requests submitted before that interval has elapsed will not be processed.",
      "c3Subtitle": "4.3 Calculation",
      "c3P1": "Each request is calculated on the account's PnL above the starting reference level at the time of the request. The remuneration percentage recorded in the Account Schedule is applied to those results.",
      "c3Illustration": "Illustration only: a $100,000 starting reference level and a $104,000 current level record $4,000 of results. With a remuneration percentage of 80%, the Performance Remuneration payable is $3,200.",
      "c4Subtitle": "4.4 Rolling Cap",
      "c4P1": "Performance payouts for an arrangement may not exceed the starting reference level within any rolling thirty (30) day period.",
      "c4Illustration": "Illustration only: a participant on a $100,000 programme account may be paid a maximum of $100,000 within any thirty-day period.",
      "c5Subtitle": "4.5 Processing",
      "c5P1": "ZoneX reviews and processes requests twice daily, targeting processing within 24 hours and applying a maximum standard review window of 48 hours. Additional verification, compliance, fraud, trading-integrity or technical review may reasonably extend that window. ZoneX will notify the participant when additional review is underway.",
      "c6Subtitle": "4.6 Pre-Payment Review",
      "c6P1": "ZoneX reviews each request to confirm that the results claimed are Qualifying Performance and that the applicable rules were followed. Patterns such as concentrated results, unusual volatility, a sudden change in trading behaviour before a request, or a marked departure from the participant's established strategy may lead to additional review for prohibited trading, account sharing, manipulation or error. The size or profitability of results is not, on its own, a ground to withhold properly earned Performance Remuneration.",
      "c7Subtitle": "4.7 Payout Assets and Destination",
      "c7P1": "ZoneX settles its Performance Remuneration obligation in one or more supported fiat or cryptocurrency assets, using ZoneX-owned assets. The participant's choice among supported payout assets is a settlement method, not an instruction to exchange, convert or transfer participant assets.",
      "c7P2": "Payouts are made only to a bank account held in the participant's name or a cryptocurrency wallet that ZoneX reasonably verifies is owned or controlled by the participant (Agreement §6.6). Payouts to third parties are not made without a separate assessment, and may be declined where the participant's ownership and control cannot be established.",
      "c8Subtitle": "4.8 Reference Level After a Payout",
      "c8P1": "Where a performance payout is made, the internal programme level for the arrangement is reduced by the results on which that payout was calculated, so that the same results are never counted twice. The total drawdown floor does not change: it remains static at the level calculated from the starting reference level. These metrics are notional programme calculations used for risk management and measurement only. They do not represent a customer asset balance, and no amount is deducted from any participant-owned balance, because none exists.",
      "c8Illustration": "Illustration only: continuing the example in Section 4.3, after the $3,200 payment the programme level returns from $104,000 to $100,000. With a 10% total drawdown, the floor remains $90,000.",
      "c9Subtitle": "4.9 Identity Verification",
      "c9P1": "Full identity verification and identity-based sanctions screening must be completed before the first performance payout, and earlier where the Agreement §8 requires it."
    },
    "section5": {
      "title": "5. Account Scaling",
      "p1": "Participants may qualify for 25% account size increases, up to a $400,000 maximum, after meeting all of the following:",
      "item1": "10% profit on the funded programme account;",
      "item2": "a minimum of 60 calendar days active;",
      "item3": "no rule violations or warnings; and",
      "item4": "consistent activity, with a minimum of 3 trades per week.",
      "p2": "An increase takes effect through an amended Account Schedule accepted by the participant. Account size is a notional programme parameter; an increase transfers no money or asset to the participant."
    },
    "section6": {
      "title": "6. Inactivity",
      "p1": "A Funded Trader Arrangement that records no qualifying trading activity for a continuous period of sixty (60) days may be suspended and, after a further thirty (30) days of continued inactivity, closed. Performance Remuneration for Qualifying Performance generated before suspension or closure remains payable, including where its approval is still pending, subject to the verification and payment conditions of the Agreement and these Rules."
    },
    "section7": {
      "title": "7. Suspension, Termination and Unpaid Remuneration",
      "p1": "Suspension, termination and the treatment of Performance Remuneration on termination are governed by the Agreement §11. Other breaches of these Rules are handled under the Agreement §5.6.",
      "p2": "Capital availability may affect continuation of an Account Configuration or deployment of ZoneX proprietary capital, but capital availability alone does not cancel properly earned Performance Remuneration.",
      "p3": "Any decision may be challenged through the Complaints Procedure and remains subject to mandatory applicable law."
    },
    "section8": {
      "title": "8. Rule Changes",
      "p1": "Changes to these Rules are governed by the Agreement §§5.7 and 17. Material economic changes to an existing Account Configuration apply prospectively only, and no change retrospectively cancels properly earned Performance Remuneration (Agreement §17.4)."
    },
    "section9": {
      "title": "9. Contact",
      "p1": "Questions about these Rules: contact@zonex.pro"
    },
    "revisionHistory": {
      "title": "Revision History",
      "item1Date": "23 September 2026",
      "item1Text": "Defined the trading day as 02:00 to 02:00 Europe/Zurich and assigned a trade to the day it was opened; stated that payouts are calculated on PnL; protected Performance Remuneration earned before suspension or closure even where approval is pending; fixed the incorporated Challenge provisions to the version accepted with the Account Schedule.",
      "item2Date": "22 September 2026",
      "item2Text": "Rules shortened to funded-stage operating mechanics; relationship, ownership, contractor-status and fee provisions are set out in the Funded Trader Services Agreement. Challenge risk and conduct rules incorporated by reference, fixed to the version in force when the Account Schedule is accepted. Removed the per-request limit; each request is calculated on all results above the starting reference level. Confirmed that the total drawdown floor is static and is not recalculated after a payout. Clarified that pre-payment review looks at rule compliance rather than the size of results, and which risk breaches are termination thresholds under the Agreement §11.6. Suspension, termination and rule-change provisions now refer to the Agreement §§5.6, 5.7, 11 and 17.",
      "item3Date": "17 September 2026",
      "item3Text": "Previous version. Traders may request the version applicable to their arrangement at legal@zonex.pro."
    }
  },
  "howItWorksPage": {
    "seoTitle": "How the ZoneX Challenge Rules Work | ZoneX",
    "seoDescription": "Worked examples of the ZoneX Challenge rules: static maximum drawdown, daily loss, committed risk, stop-loss distance to liquidation, and what passing leads to.",
    "title": "Challenge Rule",
    "titleHighlight": "Mechanics",
    "subtitle": "Worked examples of how the limits recorded for your purchased Challenge are measured.",
    "disclaimer": "Illustration only. The figures on this page are examples, not default settings, and do not imply any likelihood of passing. Your profit target, maximum daily loss, maximum total drawdown and leverage cap are the values recorded for your purchased Challenge configuration. Where this page and the <rules>Challenge Rules</rules> or <terms>Challenge Terms</terms> differ, those documents prevail.",
    "config": {
      "title": "The Limits You Choose",
      "cardTitle": "One configuration, fixed at purchase",
      "body": "You build your Challenge before purchase: account size, profit target, maximum daily loss, maximum total drawdown, maximum leverage and performance split, plus the optional Pre-Violation Warning. Those values are recorded for your purchase and cannot be changed during an active Challenge.",
      "item1": "One evaluation phase. There is no second evaluation phase.",
      "item2": "No minimum number of trading days.",
      "item3": "No maximum time limit to complete the Challenge.",
      "item4": "No consistency rule and no best-day profit cap.",
      "item5": "A stop-loss is required on every position."
    },
    "drawdown": {
      "title": "How Drawdown Is Measured",
      "staticTitle": "Maximum drawdown is static",
      "formula": "Maximum Drawdown Floor = Initial Account Balance × (1 − Selected Maximum Drawdown %)",
      "staticLine1": "Illustration: $100,000 initial balance with a 10% maximum drawdown → floor $90,000.",
      "staticLine2": "The account grows to $105,000 → the floor is still $90,000.",
      "staticLine3": "After the 02:00 Europe/Zurich daily reset → the floor is still $90,000.",
      "staticNote": "The floor is calculated once, from the initial account balance, and never moves. It does not trail balance or equity, does not rise with profits and does not recalculate at the daily reset. The 10% is an example, not a universal setting.",
      "dailyTitle": "Daily loss is a separate control",
      "dailyExample": "Illustration: 4% maximum daily loss",
      "dailyLine1": "Daily reference balance recorded at the 02:00 Europe/Zurich reset: $100,000",
      "dailyLine2": "Daily-loss allowance: $100,000 × 4% = $4,000",
      "dailyLine3": "The trader loses $800 today → remaining daily allowance: $3,200",
      "dailyLine4": "At the next 02:00 Europe/Zurich reset a new daily reference is recorded and the allowance recalculates. The static maximum drawdown floor does not change.",
      "dailyNote": "Both limits are measured continuously and include realized losses, unrealized losses, trading fees, funding fees and committed open risk."
    },
    "risk": {
      "title": "Committed Risk: Your Stops Count Before They Are Hit",
      "cardTitle": "Worst case must fit inside the remaining headroom",
      "body": "Every position needs a stop-loss, and each stop implies a worst case: what the position would lose, including applicable costs, if the stop were hit. Committed open risk is that worst case summed across all open positions. It must stay inside both the remaining daily-loss allowance and the remaining maximum-drawdown headroom.",
      "exampleTitle": "Illustration, continuing the example above",
      "line1": "Remaining daily allowance: $3,200. Remaining drawdown headroom: $99,200 − $90,000 = $9,200.",
      "line2": "Open position A, stop implies $2,000 including costs → committed risk $2,000. Within both limits.",
      "line3": "Add position B, stop implies $1,500 → committed risk $3,500, more than the $3,200 daily allowance → breach.",
      "note": "Committing more risk than the remaining headroom allows is a breach in its own right; price does not have to move against you. The optional Pre-Violation Warning can flag such an action before you proceed, but it does not change the rules, and the absence of a warning does not confirm that an action is compliant."
    },
    "stop": {
      "title": "Stop-Loss Must Clear Liquidation by 10%",
      "cardTitle": "Leveraged (futures) configurations",
      "body": "The simulated liquidation distance is derived from the margin rates the execution venue publishes for the symbol, leverage and position size traded; it is not set by ZoneX. Your stop-loss may sit no further from entry than 90% of that distance. Where a venue does not publish its risk-limit ladder, a conservative estimate is applied and shown as an estimate.",
      "exampleTitle": "Illustration",
      "line1": "Liquidation price 5.0% below a long entry → the stop may be at most 4.5% below entry.",
      "line2": "A stop placed or moved further than 4.5% away → breach.",
      "line3": "Raising leverage so that an existing stop ends up beyond 90% of the new distance → breach.",
      "note": "A stop on the liquidation line may never fire: liquidation triggers off the mark price, maintenance margin rises as the position grows, and funding and fees consume margin while the trade is open. An unleveraged Spot Challenge (1×) has no leveraged liquidation threshold."
    },
    "losingDay": {
      "title": "What Happens After a Losing Day",
      "exampleTitle": "Illustration: the trader loses 1.8% on Monday (4% daily loss, 10% maximum drawdown)",
      "line1": "Daily-loss limit: not breached, the account remains active.",
      "line2": "Maximum drawdown floor: unchanged at $90,000.",
      "line3": "At the 02:00 Europe/Zurich reset a new daily reference is recorded; the floor stays fixed to the initial balance.",
      "note": "A losing day ends nothing on its own. The Challenge fails only when a rule is breached."
    },
    "failure": {
      "title": "When a Challenge Fails",
      "cardTitle": "Breaches that end the Challenge",
      "item1Label": "Daily-loss limit breached:",
      "item1Text": "losses plus committed open risk exceed the remaining daily-loss allowance.",
      "item2Label": "Maximum drawdown breached:",
      "item2Text": "equity, after deducting committed open risk, would fall below the static floor.",
      "item3Label": "Liquidation:",
      "item3Text": "a simulated liquidation fails the Challenge immediately, whether or not a drawdown limit was reached and whether or not a stop-loss was set.",
      "item4Label": "Stop too close to liquidation:",
      "item4Text": "on a leveraged configuration, a stop placed or moved beyond 90% of the liquidation distance, or a leverage change that pushes an existing stop past it.",
      "item5Label": "Prohibited practices:",
      "item5Text": "the practices listed in Challenge Rules Section 7 lead to proportionate action, up to termination.",
      "liquidationNote": "On liquidation, all open orders are cancelled and all simulated positions are closed. Any determination can be challenged through the Complaints Procedure.",
      "retryNote": "Free retry: if realized profit on closed, filled trades reached at least 5% at any point before the failure, you receive one free retry with the same configuration. Not available on purchases made with a discount, coupon or other promotion."
    },
    "passing": {
      "title": "Passing, and What It Leads To",
      "cardTitle": "Completion and the funded-stage review",
      "item1": "Reach the selected profit target while keeping every rule, and ZoneX verifies completion.",
      "item2": "Completion makes you eligible for a separate funded-stage review only: a Challenge-integrity review, a separate ZoneX admission decision and confirmation by a second approver.",
      "item3": "A funded-stage arrangement starts only after you accept the Funded Trader Services Agreement, the applicable Account Schedule and the Funded Trader Rules, and the account is activated.",
      "item4": "Simulated Challenge profit is never withdrawable, and passing creates no right to payment.",
      "activationNote": "Activate a purchased Challenge within 30 days of purchase, or it may be forfeited without refund. Once activated there is no deadline to complete it."
    },
    "cta": {
      "title": "Review the Complete Rules",
      "subtitle": "The binding text is in the Challenge Rules and Challenge Terms.",
      "readRules": "Read the Challenge Rules",
      "readTerms": "Read the Challenge Terms",
      "build": "Build Your Challenge"
    }
  },
  "aboutPage": {
    "nonAffiliation": "ZoneX AG (Zug, Switzerland) operates zonex.pro and is not affiliated with the ZXT token, ZoneX (Nigeria) or Zonex Network."
  }
}
