Risk disclosure
Please read this before you join the waitlist or buy an evaluation. It forms part of the OmbraProp terms.
1. Everything is simulated
All OmbraProp evaluations and funded accounts are simulated. You do not trade real money and your orders do not reach a real market. You never trade our money or anyone else's, and we never trade on your behalf.
A live programme is planned for later (rules section 7). It is not available at launch, and until it opens everything in this section is true of every OmbraProp account. If it opens, live losses are never charged to you.
Simulated fills are not real fills. In a real market, orders can fill at worse prices, fill partly, or not fill at all, especially in fast markets, around news or in thin contract months. Results on a simulated account may not be repeatable in a real account.
A "funded account" at OmbraProp is a simulated account. It is called funded because passing the evaluation gives you access to it, not because it holds real capital. OmbraProp never gives you money to trade.
2. Evaluation fees are not deposits
An evaluation fee is a fee for a service. It is not a deposit, it is not held for you, it is not invested, and it is not returned when you pass or fail, except under the refund policy. Once you place your first trade, the 14-day right to cancel no longer applies.
3. You should expect to lose the fee
Most people who buy futures evaluations do not pass them, and many who pass never receive a payout. Plan on losing the fee. Only spend money you can afford to lose. Buying evaluation after evaluation to chase a pass can add up quickly: set yourself a limit before you start, and stop if you are spending more than you planned.
We will publish OmbraProp's own figures every quarter once we have them: evaluations sold, pass rate, accounts with a payout, total paid, median and largest payout, and denials and appeals upheld. Until then we make no claims about pass or payout rates. When the figures are published, we will link them from this page.
4. No promise of profit or income
Nothing OmbraProp says promises profit, income or a career. Past simulated results do not predict future results.
5. How payouts work, and their limits
- Payouts are performance rewards paid by OmbraProp from its own money and a payout reserve. They are not profits from a real trading account, and they are not wages or a return on an investment.
- You are paid only when your funded account meets every condition in the rules and the terms, including identity verification.
- Payouts have limits per request and per month. A person reviews every payout before it is paid. The minimum payout is $500, there must be at least 10 trading days between payouts (a day counts only if your account made at least $100 profit that day), and you can hold one funded account at a time. Sales are limited to 75 evaluations a month at launch. In some cases part of an approved payout is paid the next month, so a payout could be late.
- Payouts are in US dollars. If you live outside the US, currency conversion and bank fees will reduce what you receive.
- Tax on payouts is your responsibility.
6. OmbraProp is a small, new business
OmbraProp is a service of Ombra Trading Ltd, a company registered in England and Wales, company number 17531482, registered office 71-75 Shelton Street, Covent Garden, London WC2H 9JQ. It is a small business with one person in charge, and it has no history as a prop firm. If OmbraProp closes, the terms (section 14) say you get at least 30 days' notice, evaluations not yet passed are refunded, and each funded account gets a final payout within the usual payout limits. A closure still means you lose the chance of future payouts, and some payouts could be spread over later months.
7. Not regulated, not protected
OmbraProp is not authorised or regulated by the Financial Conduct Authority. We do not believe it needs to be, because no real investments are bought or sold, but this has not been confirmed by the FCA or a lawyer. Your fees and payouts are not protected by the Financial Services Compensation Scheme, and the Financial Ombudsman Service does not cover OmbraProp. Your consumer rights, and the complaints route in the terms, still apply.
8. Not investment advice
OmbraProp does not give investment, financial, tax or legal advice, does not recommend any trade and does not manage money. Trading tools, bots and copiers you use are your own choice and your own responsibility.
9. Real futures trading is high risk
If you trade futures in a real account, at a broker or elsewhere, you can lose more than you deposit. Leverage magnifies losses as well as gains. Success on a simulated evaluation does not mean you will make money trading real money.
10. Service and third-party risks
- OmbraProp depends on third parties: the trading platform (Rithmic, which has agreed to onboard OmbraProp, subject to its conformance checks and exchange approval), the payment processors (including NOWPayments for crypto payments), the identity check provider (Sumsub) and the payout provider. Apart from Rithmic, none of them has agreed to work with OmbraProp yet. Any of them can have outages, errors or delays, or stop working with us.
- If the platform or our systems were at fault when a rule was broken (for example stale data, an outage or a liquidation error), the account is reinstated or the fee refunded, as set out in the terms.
- Your own internet connection, computer, software, VPN or VPS can fail. Losses on the simulated account caused by your own setup are not a platform fault.
- Bots, algorithms and copiers can behave unexpectedly and can breach the rules faster than you can react. Copy trading is allowed only between your own OmbraProp accounts, in the same direction, and you may hold up to 5 evaluations at once plus 1 funded account. You are responsible for your own copier or bot: its trades are your trades.
- If you pay in crypto: crypto prices move, and crypto payments cannot be reversed. Refunds are paid as set out in the refund policy.
11. Rules end accounts automatically
Rules are enforced by software. If your account touches the maximum loss floor, it ends at once, even if the market turns in your favour a moment later. Read the rules and their worked examples before you trade.
12. Help with money worries
If you are worried about money or debt, free, impartial help is available from MoneyHelper (moneyhelper.org.uk), a UK government-backed service.
Contact: prop@ombratrading.com. OmbraProp is a service of Ombra Trading Ltd, a company registered in England and Wales, company number 17531482, registered office 71-75 Shelton Street, Covent Garden, London WC2H 9JQ.