This Demo Accounts Policy outlines the terms and conditions for using a demo trading account with Midaz  ("we," "us," or "our" ). Demo accounts are designed to help you familiarize yourself with our trading platform and practice trading strategies in a simulated environment without risking real money.

1. Purpose of Demo Accounts

Demo accounts are provided for educational and practice purposes only. They allow users to:

• Explore the features and functionalities of the Midaz  trading platform.

• Practice placing trades and managing positions using virtual funds.

• Test different trading strategies without financial risk.

• Familiarize themselves with market conditions and instrument behavior.

2. Virtual Funds

Demo accounts are funded with virtual money, not real money. Any profits or losses generated in a demo account are purely hypothetical and cannot be withdrawn or transferred to a live trading account.

3. Market Conditions Simulation

While demo accounts aim to simulate real market conditions as closely as possible, there may be differences. Factors such as:

• Latency: Execution speed in a demo environment might differ from live trading due to server load or network conditions.

• Slippage: In highly volatile real markets, the executed price might differ from the requested price (slippage), which may not be fully replicated in a demo environment.

• Liquidity: The depth of market and liquidity available in a demo account may not always perfectly reflect real market liquidity.

• Emotional Factor: Trading with virtual money does not involve the same psychological pressure as trading with real money, which can significantly impact decision-making.

Therefore, performance in a demo account is not indicative of future results in a live trading environment.

4. Account Expiry

Demo accounts may have an expiry period (e.g., 30 days of inactivity or a set duration). After this period, the account may be automatically closed or reset. You may be able to open a new demo account if needed.

5. Data and Privacy

Information provided during demo account registration will be handled in accordance with our Privacy Policy.

6. No Financial Advice

The use of a demo account does not constitute financial advice or a recommendation to trade. All trading decisions are solely your responsibility.

7. Changes to Demo Account Features

We reserve the right to modify, suspend, or discontinue the demo account service or any of its features at any time without prior notice.

8. Contact Us

If you have any questions about demo accounts or this Policy, please contact our support team at [email protected]