1. User License Agreement
Before continuing with the installation or using this product, please carefully read the terms and conditions of this End User License Agreement (collectively referred to as the "Agreement").
Demo Trade is an independent third-party trading tool that does not provide any financial, investment, brokerage, or trading services, nor does it participate in and/or intervene in any trading operations in any way. It does not open or control real trading accounts. Any information provided in this product should not be considered investment advice. Before trading using this application, you should seek the advice of a qualified and registered securities professional and conduct your own due diligence.
This product may contain brokers or financial institutions that may not have regulatory licenses to operate in your country. Exercise caution and responsibility when choosing a brokerage firm. You acknowledge and agree that Demo Trade may not have complete and up-to-date information regarding the regulatory status of brokers in your country/region. This product contains contact and basic information of various brokerage firms, allowing users to independently familiarize themselves and further research the services of these brokerage firms before using their services.
Demo Trade is not responsible for any of your investment decisions. You are solely responsible for your investment decisions and investment research. Demo Trade does not guarantee the quality, reliability, or reputation of any broker or financial institution. It is important to understand that nothing, including regulation and publications, can guarantee the safety or fairness of a brokerage firm. Demo Trade does not guarantee the accuracy, completeness, or timeliness of third-party content (including advertising materials). These contents do not reflect our views or positions.
Risk Warning: Trading with real money carries a high risk of losing money. Most retail investors lose money when trading financial products. You should consider whether you understand how different financial products work and whether you can afford to take on the high risk of losing money.
In this Agreement, unless the context requires otherwise, capitalized terms used in this Agreement shall be defined as specified in Section 1 of this Agreement.
This Agreement applies to both individuals and legal entities, including authorized users who use or access the product on behalf of an employer, its employees, or for business purposes.
This Agreement and any updates to it constitute a legal agreement between you and Demo Trade, binding you or any third party to the use of this product on any computer where it is installed.
You can accept this Agreement by clicking “Next,” “Continue,” “Accept,” or a similar button, or by using the relevant links and/or using this product.
Your agreement with Demo Trade may also include additional terms and conditions (as defined below). Additional terms and conditions shall include, but are not limited to, those set forth in this Agreement.
To effectively use this product, its components, any additional software, online services, and Demo Trade’s website, you must accept the applicable additional terms and conditions. You can accept or agree to the additional terms in the following ways: when this option is provided to you, as specified otherwise, or by using the product, its components, software updates, online services, and/or Demo Trade’s website, you agree and acknowledge that by such use, you accept the applicable terms and conditions.
You acknowledge and agree that by accepting the terms and conditions of this Agreement and the additional terms and conditions, you are entering into a legally binding agreement. In case of any conflict between the additional terms and conditions and this Agreement, the additional terms and conditions provided by Demo Trade for the relevant services shall prevail.
You hereby consent to the use of electronic communications to enter into contracts, place orders, and create other records, as well as to the electronic delivery of notices, policies, and records of transactions initiated or completed through the product.
Furthermore, to the extent permitted by applicable mandatory law, you hereby waive any rights or requirements under the laws or regulations of any jurisdiction that require an original non-electronic signature or the delivery or retention of non-electronic records.
If the downloading or use of this product is prohibited by law in your jurisdiction due to differing requirements or complete bans on the use of this product, do not install or use this product.
2. License Grant and Restrictions
2.1. License. Subject to the terms and conditions of this Agreement, Demo Trade hereby grants you a limited, worldwide, individual, non-exclusive, simple, non-sublicensable, non-transferable, non-revocable, non-assignable, free license to download, install, and use this product on a personal computer, mobile phone, or mobile computer using Demo Trade software. This license is intended for financial institutions that have entered into a separate contractual relationship with you to facilitate trader workstations and engage in trading in financial markets.
This license does not grant you any rights to enhanced or updated versions and does not guarantee the continued availability of the product or Demo Trade software. Demo Trade may modify, alter, discontinue providing, or require you to cease using this product, Demo Trade software, its features, or any part thereof without prior notice, potentially resulting in the loss of compatibility with Demo Trade software, Demo Trade networks, systems, any Demo Trade website, servers, tools, information, and databases.
This license will automatically terminate if (a) you are under 18 years of age, or (b) you are not permitted to use Demo Trade software under applicable law in any country, including your country of residence, or intend to use Demo Trade software.
2.2. No Third-Party Rights Granted. You may not sell, transfer, rent, lease, distribute, export, import, or otherwise grant rights to use the product or any part thereof to any third party.
2.3. No Product Modification or Reverse Engineering. You agree not to knowingly or unknowingly cause, allow, or authorize the modification, translation into other languages, creation of derivative products or services, reverse engineering, decryption, decompiling, and/or disassembling of the product and its components and parts, unauthorized access to databases and network protocols, or damage the integrity of the product`s security system. You will not modify the product`s program interface in any way. You must always comply with the requirements and specifications regarding the design, use, and display of the product. This clause survives the termination of this Agreement.
2.4. Third-Party Software. The product may be incorporated into third-party-owned or controlled software and other technologies, or third-party-owned or controlled software and other technologies may be incorporated into the product. The use of any third-party software or technology in the product is subject to this Agreement.
When you use third-party software/services, you will be bound by their terms and licenses (if applicable), and you agree to comply with the provider`s software/service terms. The third-party provider is solely responsible for providing you with their services and your use of their services.
Demo Trade has no obligation to support or maintain any such third-party software/services and assumes no responsibility for any claims, regardless of the nature of the claim or the nature of the damages claimed or alleged, including but not limited to direct, indirect, incidental, consequential, or punitive damages arising from or related to the use or distribution of third-party software. Demo Trade disclaims any and all express, implied, or statutory representations and warranties regarding any and all such third-party software/services, including but not limited to any warranties of merchantability, fitness for a particular purpose, system integration, data accuracy, title, non-infringement, quiet enjoyment, and/or non-interference.
You must expressly accept the license agreement with the third party to release any and all third-party software or technology provided with the product. You acknowledge and agree that you do not have a contractual relationship with Demo Trade or its affiliates regarding such third-party software, technology, and/or services, and you will exercise any rights you may have solely with the applicable third party and not with Demo Trade or its affiliates.
2.5. Exclusive Ownership. You acknowledge and agree that any and all intellectual property rights in the product, Demo Trade software, any Demo Trade website, Demo Trade online materials, and Demo Trade promotional materials are the exclusive property of Demo Trade. Nothing in this Agreement is intended to transfer or grant any such intellectual property rights to you.
You are granted a limited right to use the licensed product as provided under this Agreement. You may not take any action that endangers, limits, or interferes with the intellectual property rights. You acknowledge and agree that any unauthorized use of the intellectual property rights is a violation of this Agreement and a violation of international intellectual property laws and treaties, including but not limited to copyright and trademark laws.
All ownership and intellectual property rights in any third-party content not included in the Demo Trade software but accessible through the use of the Demo Trade software are the property of the respective content owners and may be protected by applicable copyright or other intellectual property laws and treaties. This clause survives the termination of this Agreement.
2.6. No Removal of Notices. You agree not to remove, obscure, make unreadable, or alter any notices or indications of Demo Trade`s intellectual property rights, regardless of whether such notices or indications are attached to, included in, or otherwise connected with any existing materials.
2.7. You agree to do your best to maintain the value and reputation of the Demo Trade "software," "product," Demo Trade brand, or name.
2.8. You may not use the product in any third-party software application deemed fraudulent, inappropriate, or in violation of this Agreement, at Demo Trade`s discretion.
2.9. You agree that the services and products you provide/receive using the product must comply with all applicable laws and regulations, including but not limited to those related to privacy protection and personal data or traffic data processing.
2.10. You agree that you are solely responsible (and that Demo Trade has no responsibility to you or any third party) for your use of any services and/or products provided/received using the product.
You acknowledge and accept that Demo Trade cannot directly access the product or manage the product installed on users` computers or mobile devices. You also acknowledge and accept that Demo Trade has no access to the product`s log files, user trading history, trading account information, or the balance of trading accounts opened with any financial institution.
You acknowledge and accept that Demo Trade cannot access financial institutions" trading servers, cannot manage or operate these servers, cannot access trading server logs, and cannot obtain information about traders registered and opening trading accounts with financial institutions.
2.11. You expressly acknowledge that your rights to use the product must strictly comply with this Agreement, and any violation of any provision of this Agreement or any applicable additional terms and conditions will result in Demo Trade`s automatic termination of the rights under this Agreement and the prohibition of using this product.
2.12. No provision of this Agreement grants you any rights to use Demo Trade`s promotional materials, including but not limited to content, trademarks, and logos of Demo Trade. This clause survives the termination of this Agreement.
2.13. Demo Trade reserves its sole and absolute discretion to modify, change, add, or delete parts of the End User License Agreement and additional terms and conditions at any time, based on general or individual reasons, by posting the revised agreement and additional terms and conditions on the Demo Trade website or by otherwise notifying you. Your continued use of the product constitutes acceptance of the terms and conditions of the revised End User License Agreement and additional terms and conditions. You must continuously monitor Demo Trade`s website to ensure you are aware of any changes to the End User License Agreement or any other applicable additional terms and conditions. If you do not agree to any changes in any applicable legal document, you should immediately cease any and all use of the product and, where applicable, cease any and all use of Demo Trade software.
2.14. Without the prior written consent of Demo Trade, you may not reverse engineer, decompile, disassemble, or otherwise modify the Demo Trade software, or engage in any other similar activities related to the Demo Trade software or any part thereof. In addition, you agree not to knowingly or unknowingly cause, allow, or authorize the modification, translation into other languages, creation of derivative products or services, reverse engineering, decryption, decompiling, and/or disassembling of the Demo Trade software and its components and parts. Unauthorized access to databases and network protocols, damage to the integrity of the Demo Trade software security system, and any modification of the Demo Trade software program interface are prohibited. Furthermore, you shall at all times comply with the requirements and specifications related to the design, use, and presentation of the Demo Trade software.
2.15. You acknowledge and agree that the risks and responsibilities of using the product and Demo Trade software are solely yours. Upon request, you agree to indemnify, defend, and hold Demo Trade, its affiliates, and employees harmless from any liabilities and expenses (including reasonable attorney fees) arising from: (a) your use of the product or Demo Trade software, or (b) breach or violation of the terms and conditions of this Agreement. This clause survives the termination of this Agreement.
2.16. If you wish to use the product in any way not expressly provided for in this Agreement, such use is expressly prohibited unless Demo Trade grants you specific permission in writing.
2.17. Intellectual Property Rights.
2.17.1. Between you and Demo Trade, Demo Trade retains all intellectual property rights in the Demo Trade software (including the product) and any derivative works created by or for Demo Trade. This clause survives the termination of this Agreement.
2.17.2. If you are an employee or director of a company (a legal entity) and are using the product on behalf of the company, you acknowledge and agree: (i) that your acceptance of this agreement and use of the product represent your capacity to act on behalf of the company and that you have been granted the express authorization of the company, whereby both you and the company are bound by this agreement with regard to the use of the product; (ii) that the license granted by Demo Trade to use the product requires obtaining all necessary consents, licenses, and authorizations from the business entity to act on its behalf under this agreement. You represent and warrant that you have obtained such consents, licenses, and authorizations to use this product on behalf of the company. If you do not have such authority, then you do not have the license to, and should not, use this product.
2.18. Use of Your Computer. The “Demo Trade Software” (including the “product”) may utilize resources on your computer or other applicable devices you are using, including but not limited to CPU, memory, and network connectivity, for the limited purpose of providing the product’s functionalities and establishing connections with the Demo Trade software. Demo Trade will use commercially reasonable efforts to protect the privacy and integrity of your computer resources and communications. However, you acknowledge and agree that Demo Trade does not provide any guarantees in this regard.
2.19. Updates and New Versions of the Product and Demo Trade Software. Demo Trade reserves the right, at its sole discretion, to add additional features or functionalities to the product and Demo Trade software or to provide programming fixes, updates, and upgrades. You acknowledge and agree that Demo Trade has no obligation to provide you with any subsequent versions of the product and Demo Trade software.
The product may automatically download and install updates from time to time. These updates are necessary for maintaining software compatibility, providing security updates or bug fixes, or adding new features, functionalities, or versions. You agree to receive such updates from Demo Trade in order to continue using the product and Demo Trade software. You further agree that if you download, install, or use a new or updated version of the product or Demo Trade software, you may be required to enter into a renewed version of this agreement.
2.20. Discontinuation. Demo Trade may, at its sole discretion, modify, terminate, or suspend your ability to use this product or any version of the Demo Trade software, or terminate the license granted to you under this agreement, effective immediately and without resort to the courts, for the purpose of repairing, improving, and/or upgrading the Demo Trade software or for any other legitimate reason, including but not limited to: if you are found to be in violation of this agreement and/or any additional terms and conditions under this agreement, causing potential legal liability to Demo Trade, engaging in fraudulent, unethical, or unlawful activities, or for other similar reasons.
2.21. Legal Purposes. You may only use the Demo Trade software for lawful purposes. In this regard, you shall not (but are not limited to) (a) intercept or monitor, damage or modify any communication not intended for you; (b) use any type of program code intended to distort, delete, damage, or disassemble the integrity of the Demo Trade software or communications; (c) use or attempt to use Demo Trade’s software or websites in violation of any applicable laws of any jurisdiction; (d) use or distribute any material or content subject to third-party proprietary rights unless you have obtained the necessary licenses or permissions from the rights holders; (e) modify, translate into other languages, create derivative products or services, reverse engineer, decompile, and/or disassemble the Demo Trade software and/or any part thereof, unauthorized access and disruption of the integrity of databases, unauthorized access and disruption of data transmission security network protocols, breach the integrity of the Demo Trade software’s security system. This clause shall survive the termination of this agreement.
2.22. Privacy Policy and Personal Data Protection. If you use the product, Demo Trade software, or website, and their individual features or services, we may collect information about you.
We may collect information about your usage of our software applications, access to our websites, or use of additional services, including the pages you view, links you click on, and other actions related to your use of our applications or services. We may also collect certain technical information about your mobile device or PC, including your IP address, device type and model, user-customized device name, operating system type and version, your time zone and geographical location, device language, and localization information.
We collect your personal information, including the information you provide when registering for products, Demo Trade software, or websites or subscribing to services. “Personal information” refers to any data that can be used to uniquely identify an individual, such as name, email address, phone number, or credit card information. The product can connect to the trading servers of financial companies, and you should enter into separate agreements with such companies to provide appropriate services. The product may transmit your personal and payment information to such financial companies to operate the product or enable financial companies to provide you with the appropriate services.
We use personal and non-personal information provided through the product or Demo Trade software or website to register users, manage and improve our applications and related services, analyze application usage and policies, and for other uses separately agreed upon with you in a separate agreement or under conditions you have accepted.
We also use your personal information to communicate with you in various ways. For example, if you contact us through a software application, we may use your personal information to respond. This information is also used for statistical analysis to tailor content based on usage patterns. We may combine the personal information we collect from you with personal information from other users to create aggregated data in a non-identifiable format. We plan to primarily analyze aggregated data to identify group trends. We will not link aggregated user data with personal information; thus, aggregated data cannot be used to contact or identify you. In creating and analyzing aggregated data, we will use usernames instead of actual names. For statistical purposes and tracking group trends, we may share anonymous aggregated data with other companies we are affiliated with.
In our company, the processing of personal and confidential data is conducted on a legal and fair basis, limited to achieving specific, predefined, and lawful objectives. Processing applies only to personal data that meets these processing objectives. The content and volume of personal data processed align with the stated processing objectives. Repeated data processing is not allowed. To ensure the security of personal data during processing, we have taken necessary organizational and technical measures to protect personal data from unauthorized or accidental access, destruction, modification, blocking, copying, provision, distribution, and other illegal actions involving personal data. However, we cannot guarantee that unlawful individuals will not misuse your personal information.
Please keep your account password in a safe place and do not disclose account information to any third parties. If you discover your password or other security vulnerabilities, please contact us immediately.
The use of this product is subject to Demo Trade`s privacy policy and personal data processing terms, which are located in the legal section of the Demo Trade website. The product may not be used without accepting the privacy policy and personal data processing terms, as well as the applicable end-user license agreement. If you do not accept the privacy policy and personal data processing terms or the current end-user license agreement, please do not download or use our product.
2.23. The functionality of this product requires an internet connection. You are responsible for all internet usage fees incurred due to the use of this product or Demo Trade software.
2.24. Representations. You represent and warrant that you have the authority to enter into and comply with this Agreement. Furthermore, you represent and warrant that you will at all times fulfill the obligations set forth in this Agreement and comply with any and all laws, regulations, and policies that may apply to the use of the Demo Trade software, this product, and/or the Demo Trade website.
2.25. Indemnification. You agree to fully indemnify, hold harmless, and defend Demo Trade, its affiliates, and Demo Trade’s employees from any and all claims, demands, lawsuits, damages, liabilities, losses, settlements, judgments, costs, and expenses, including but not limited to reasonable attorneys`fees and costs, whether involving a third-party claim or not, that arise out of or are related to: (A) the breach or violation of any terms, obligations, representations, warranties, or responsibilities contained in this Agreement or any applicable laws or regulations (whether referenced herein or not); (B) infringement of any rights of a third party; (C) use or misuse of the product or Demo Trade software; (D) communications transmitted through the product or Demo Trade software. This clause shall survive the termination of this Agreement.
2.26. You may use this product in any country under the terms and conditions of this Agreement.
3. Term, Termination, Renewal
3.1. Term. This Agreement shall be effective from the effective date (upon your acceptance) and shall remain in effect until terminated by either party as outlined below. Additional terms and conditions shall be effective as of the date of your acceptance or upon your use of the relevant Demo Trade products and/or services, and shall remain in effect until terminated by you or Demo Trade in accordance with the terms set forth herein.
3.2. Termination. You may terminate this Agreement at any time by uninstalling the product. Without limiting other remedies, if Demo Trade reasonably believes you are in breach of this Agreement, causing potential legal liability to Demo Trade, engaging in fraudulent, unethical, illegal, or unlawful activities, or for other similar reasons, Demo Trade has the right to immediately restrict, suspend, or terminate your license to the product and use of Demo Trade software, prohibit access to the Demo Trade website, and delete your user account and/or login information, effective immediately and without recourse to the courts.
3.3. Consequences of Termination. Upon termination of this Agreement and any additional terms and conditions: (a) the license and rights to use the product and software shall immediately cease; (b) you must immediately discontinue any and all use of the Demo Trade software; (c) you must immediately delete the product and Demo Trade software from all hard drives, servers, and other storage media, and destroy all copies of the Demo Trade software in your possession or control.
4. Disclaimer and Limitation of Liability
4.1. No Warranty. You agree that Demo Trade makes no express warranties regarding the product and the Demo Trade software provided; the product and software are provided “as is” without any form of warranty; Demo Trade hereby disclaims any and all warranties, conditions, or representations, whether express, implied, or statutory, including but not limited to any warranty or condition of quality, performance, non-infringement, merchantability, or fitness for a particular purpose, with respect to the product and the Demo Trade software. Demo Trade further does not represent or warrant that the Demo Trade software will be continuously available and accessible, that its operation will be uninterrupted, timely, secure, and error-free, or that any communication will be complete and accurate. Demo Trade also does not guarantee any connection or data transmission via the Demo Trade software to the Internet.
4.2. Your Risk. You acknowledge and agree that, to the maximum extent permitted by law, you assume any and all risks arising from the use of the product and Demo Trade software.
You understand and agree that Demo Trade is a third-party trading tool and does not provide or offer any kind of financial, investment, brokerage, trading, and data feed services in any local or international currency or stock markets. Demo Trade is also not directly or indirectly involved in any way in any commission-based payments related to any trading operations, and you shall indemnify and hold Demo Trade harmless from any and all liabilities arising from the use of the product and Demo Trade software, whether involving a third-party claim or not.
You acknowledge and agree that the product is hosted by financial institutions independent of Demo Trade. All activities you conduct or receive are subject to the agreements between you and the financial institutions providing financial services. You have full discretion in whether to enter into such agreements, and in no event shall Demo Trade be responsible for your activities using this product.
You acknowledge and agree that the product is provided to you free of charge. The responsibility for using or not using the product lies with you. You also acknowledge and agree that the brokerage firms or financial institutions featured in the product are licensees of the trading platform and may pay corresponding license fees to Demo Trade. You hereby acknowledge and agree that these license fees are not commission payments and have no relation to the revenue or expenses generated by users using the product.
The information, opinions, trading tools, or services contained in this product do not constitute an offer or solicitation by Demo Trade Ltd. (“Demo Trade”) or its affiliates to provide or sell any financial instruments. No such financial instruments shall be offered or sold to any person in any jurisdiction where such activity or sale would be unlawful under the securities laws of that jurisdiction. Decisions made based on the information contained in this product are your sole responsibility. By using this product, you agree to indemnify and hold Demo Trade, its officers, directors, employees, affiliates, and agents harmless from any and all claims, losses, liabilities, costs, and expenses (including but not limited to attorneys`fees) arising from your violation of the terms and conditions of use of the product and/or additional terms and conditions as defined in Paragraph 1 of this Agreement, or from any decisions you make based on such information.
4.3. No Liability. The product is not sold but provided to you for free. Therefore, you acknowledge and agree that Demo Trade, its affiliates, and employees shall not be liable for any consequences arising from your use of the Demo Trade software as described below. Your sole right or remedy for any issues or dissatisfaction with the Demo Trade software is to immediately uninstall and cease using it.
4.4. Limitation of Liability. Under no circumstances shall Demo Trade, its affiliates, and employees be liable for the following, whether in contract, warranty, tort (including negligence), product liability, or any other form of liability:
4.4.1. Any direct, indirect, incidental, special, punitive, or consequential damages arising from the use or inability to use the product and Demo Trade software (including but not limited to any data loss or damage, interruption, computer failure, or monetary loss);
4.4.2. Any loss of revenue, business, or profits (whether direct or indirect) arising from the use or inability to use the product and Demo Trade software;
4.4.3. Any loss or damage arising from or related to:
(i) Any interruption or delay in communication while using the product software;
(ii) Your suspension or termination of this Agreement for any reason;
(iii) The release or decision not to release new versions of the product to you.
This clause shall continue to be effective after the termination of this Agreement.
4.5. The limitations of liability set forth in paragraph 4.4 shall apply regardless of whether the aforementioned losses or damages are foreseeable. This clause shall continue to be effective after the termination of this Agreement.
4.6. To the extent not prohibited by law, Demo Trade shall not be liable for personal injury, death, incidental, or indirect damages, regardless of the theory of liability (contract, tort, or otherwise).
4.7. Jurisdictional Limitations. Some jurisdictions do not allow certain exclusions or limitations described above, so those exclusions or limitations may not apply to you. In such cases, the liability shall be limited to the maximum extent permitted by applicable law. This clause shall continue to be effective after the termination of this Agreement.
5. Miscellaneous
5.1. Entire Agreement. The terms and conditions of this Agreement constitute the entire agreement governing the relationship between you and Demo Trade regarding the product and Demo Trade software, and supersede and replace all previous understandings and agreements governing such relationships, unless such understandings and agreements are prepared as separate documents and signed in writing. This clause does not exclude or limit liability arising from fraud or fraudulent misrepresentation.
5.2. Partial Invalidity. If any provision or part of a provision of this Agreement is determined to be illegal, invalid, or unenforceable by a court or administrative body of competent jurisdiction, and that provision (or part thereof) is not of fundamental nature to the entire Agreement, the legality, validity, or enforceability of the remainder of this Agreement (including the remainder of the term containing the relevant provision) shall not be affected.
5.3. No Waiver. Failure to exercise or delay in exercising any right, power, or remedy provided under this Agreement or applicable law does not constitute a waiver of that right, power, or remedy, nor does it preclude or restrict any further exercise of that right, power, or remedy or any other rights or remedies.
5.4. Governing Law and Jurisdiction. This Agreement is governed by and construed in accordance with the laws of the Republic of Cyprus. Any disputes, claims, legal actions, or proceedings arising out of or relating to this Agreement, its subject matter, formation, and any other services related to the Demo Trade software shall be subject to the exclusive jurisdiction of the courts of the Republic of Cyprus, specifically the exclusive jurisdiction of the Limassol District Court to the extent permitted by law.
5.5. Language. The original English version of this Agreement may have been translated into other languages. In the event of any inconsistencies or discrepancies between the English version and any other language version of this Agreement, the English version shall prevail.
5.6. Survival. The provisions of Sections 2.3 and 2.5, as well as any other provisions of this Agreement which by their nature are intended to survive termination, shall survive termination of this Agreement for any reason.
You expressly acknowledge that you have read this Agreement and understand your rights and obligations, as well as the terms and conditions set forth in this Agreement. By clicking the "Next" or "Accept" button and/or continuing to install or use the software, you expressly agree to be bound by the terms and conditions set forth in this document and grant the rights to Demo Trade as provided herein.