1. What Ghost St. is — and is not

Ghost St. ("the Service"), operated by Origin 22 LLC, provides simulated trading evaluations and simulated performance accounts ("Qualified Accounts"). Every account on the Service is a simulation. No order you place through the Service is executed in any live market, and no account holds real securities, futures, digital assets, or other instruments.

Ghost St. is not a broker-dealer, futures commission merchant, investment adviser, or exchange. We do not accept deposits for trading, we do not manage customer funds for investment, and nothing on the Service is investment advice.

2. Evaluations and fees

3. Qualified Accounts and payouts

Passing an evaluation grants a Qualified Account: a simulated account under which you may earn contractual performance fees calculated from simulated profits, subject to the published split, payout minimums, payout caps, and processing schedule. Performance fees are a contractual obligation of Origin 22 LLC, funded from company revenue and its payout reserve — they are not investment returns and do not represent a share of any trading profits.

4. Automated trading (Agent track)

Automated systems are permitted — and given first-class API access — on Agent-track products. You are responsible for your system's behavior. Rate limits, position limits, and rule enforcement apply to bots exactly as to humans and are enforced in the execution path.

5. Acceptable use

6. Disclaimers and limitation of liability

The Service is provided "as is." Simulated results do not predict real trading results. To the maximum extent permitted by law, Origin 22 LLC's total liability for any claim arising from the Service is limited to the fees you paid in the twelve months preceding the claim.

7. Changes, termination, governing law

We may update these terms with notice via the Service; continued use constitutes acceptance. Either party may terminate at any time — earned, approved payouts survive termination. These terms are governed by the laws of the state of organization of Origin 22 LLC.