Terms of Use

WSDT General Terms and Conditions

General Terms

These WSDT group General Terms and Conditions (the “Agreement” Or “Terms”) govern the rights and obligations in connection with the use of services provided by {company name to be added} (the “Services“).

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These Terms govern the rights and obligations in connection with access to and the use of the Services by our users (“you”, “your” or “User”). If you are entering into this Agreement on behalf of a legal entity, you represent that you have the authority to bind such entity to this Agreement, in which case the terms “User”, “you” or “your” shall refer to such entity. If you do not have such authority, you must not accept this Agreement and may not access and use the Services. By purchasing the Services from us, and/or by your first use of the Services and/or by your participation in our Services, you are agreeing to the terms and conditions contained within this Agreement, as well as any other terms and conditions and policies linked herein and/or accessible herein through a hyperlink.

This Agreement is a legally binding contract. The User hereby acknowledges that he/she has read, understood, and accepted the information contained in this Agreement, as well as theTerms of UseTerms of UseTerms of UseTerms of UseTerms of UseTerms of Use Privacy & Cookie Policy, which form an integral part of this Agreement, as in force and/or as these may be amended from time to time, and which set out the terms upon which the Company will offer Services to the User and the rights and obligations of both parties.

The Company reserves the right to register and operate other relevant domains (websites) for marketing and promotional purposes to specific countries which contain information in any language other than the English language. The User accepts and understands that the Company’s official language is the English language and should always read and refer to the main website, www.pi.wsdt.com (the “Website“), for information about the Company and its activities. In the event of a conflict between the English language version of this document and any version translated into any other language, the English language version shall prevail.

Once accepted, these Terms remain effective until terminated as provided for herein. The Company reserves the right to suspend, replace, change, amend, or terminate this Agreement at any time as it sees fit and within its sole and absolute discretion. In the event the Company replaces, changes, or amends this Agreement, your continued use of services after a change will signify your acceptance to any replacement, change, adjustment, or amendment to this Agreement.

The Company reserves the right to change the content of the Services, delivery methods and the duration of or access to the Services and any other services or courses provided by the Company at its sole discretion. We may, in our sole discretion, elect to suspend or terminate access to or use of the Services and content by anyone who violates these Terms. Any violation of these Terms may result in receipt of a warning from the Company and/or a temporary or a permanent removal from the Services or any other services offered by the Company.

None of WSDT’ services can be considered licensed services in accordance with applicable laws. Neither these Terms nor the Company’s Website constitute an offer or solicitation to sell shares or securities (within the meaning of any Securities Act), nor do they constitute or form part of, nor construed as, any offer for sale or subscription of, or any invitation to purchase or subscribe for, any securities, nor should they, nor any part of them, form the basis of, or be relied on in any connection with, any contract or commitment whatsoever.

For the avoidance of doubt, it is hereby clarified that WSDT is not a broker-dealer, as such term is used in the United States’ financial services regulations, and that no Security (as defined by U.S. federal securities laws) is being, or will be offered to any person, including, but not limited to, a U.S. resident or citizen (a “U.S. person”), as part of our services.

As part of the Service, you will be granted access to a demo account, which provides you with nothing more than an opportunity to simulate trading in the financial markets. The trading results achieved in the demo account are in no way representative of the results you may achieve while trading live.

WSDT does not provide you with investment services or investment advice. Furthermore, WSDT does not give you any guidance, instructions, advice, or information about performing transactions, or any other similar information about any of the investment tools used in trading. WSDT does not accept any such guidance, instructions, advice, or information from you. None of the services constitute investment advice or recommendations. No employees, staff, or representatives of the Company are authorized to provide investment advice or recommendations. Should any information or statement of any employees, staff, or representatives of the Company be interpreted as investment advice or recommendations, the Company shall not be responsible for any decisions you take based on such information or statement. Furthermore, the Company shall not be liable for any losses or gains that may arise from your reliance upon information provided through the Websites or Services or your interaction with employees, staff, representatives of the Company or other Users.

The User acknowledges that the Company’s Services, its Website and any other Company-sponsored website(s), trading room, including any chat room or forum made available from time to time (a “Trading Room”), email and / or otherwise (the “Information”) does not constitute any investment advice nor recommendation nor is a substitute for investment advice, taking into account the special needs of each person. The User acknowledges employees, staff, or representatives of the Company and/or the Company are not licensed to provide investment advice nor portfolio management.

The Services – Introductory Provisions

  1. The Services consist of the provision of tools for simulated trading on financial markets, analytical tools, training, educational materials and other ancillary services, through the Client Area or by access to applications provided by the Company and/or third parties.
  2. The Services are intended only for people over the age of 18 residing in the country for which the Services are available, as decided at the Company’s sole discretion without being obliged to provide any explanation. The Services is not provided to U.S. persons. By registering on the Website, you confirm that you are over 18 years of age,otherwise, you may not use the Service. You acknowledge that your access to and use of the Services may be restricted or prohibited by law in some countries, and you undertake to only access and use the Services in accordance with applicable laws.
  3. We reserve the right to limit our Services sales to any individual, geographic location, or jurisdiction. Further, we retain the right to limit the number of Services we offer at any time. We have the right to refuse or discontinue the Services to anyone at any time for any reason.
  4. As a condition of using the Services, you agree that you will not engage in any illegal or unauthorized activity.
  5. Financial market information is used in a simulated trading environment, and you acknowledge that any trading that you perform through the Services is not real. You also acknowledge that the funds provided to you for demo trading are fictitious and that you have no right to possess those fictitious funds beyond the scope of their use within the Service, and in particular that they may not be used for any actual trading and that you are not entitled to the payment of those funds. Furthermore, you will not be paid any remuneration or profits based on the results of your simulated trading, nor will you be required to pay any losses.
  6. Your personal data is processed in accordance with the Privacy & Cookie Policy.

The Services

  • The Services include, among other things, the Free Trial, the WSDT Challenge and Verification, as these terms are defined below. With the Free Trial, you may use some of the Services within a limited scope and for a limited period free of charge. Completing the Free Trial does not entitle you to access any other Services.
  • When providing the Services to you, the Company will rely on the accuracy, completeness and correctness of personal information provided by you through the registration form, the Client Area, or otherwise. The Company shall have no responsibility to the User if such information is inaccurate or misleading and the Company will be deemed to have performed its obligations under this Agreement. You have the responsibility of providing the Company with accurate and up-to-date personal information; the Company is not obligated to verify such information. In addition, you have the responsibility to immediately notify us in writing of any changes to personal details or information. The Company retains the right to request additional information and/or supporting documentation from the User at any time throughout the term of this Agreement. You hereby agree to provide such information, and that should you not provide such information or documentation the Company may refrain from providing you with the Service. You also acknowledge that the Company may use such information for the purpose of conducting research or to verify your identity and/or personal information.
  • The Services may be offered with different options. Your choice of the option of the Services that you select when making an order shall apply to the WSDT Challenge, as well as the subsequent Verification. You will start the subsequent Verification and, possibly, other Services related thereto, with the parameters that correspond to the option of the Services selected by you. Once you make a selection, it is not possible to change it. If you are ordering a new Service, the specified restriction shall not apply.
  • The User has the possibility, only if applicable by the company, to request an upgrade to a greater amount of the initial tradable demo account value, by paying the difference between the fee of the purchased Services and the requested Services (“Upgrade”). Upgrade payments are a fee and not a deposit and shall be subject to our Money-Back Guarantee Policy (described below). The User may Upgrade during the WSDT Challenge period only, provided that the User did not fail the WSDT Challenge, in accordance with its conditions. Shall you Upgrade to a greater value Service, the WSDT Challenge account conditions shall be modified to match those of the new Service. Any losses/profits accumulated in the WSDT Challenge account shall be carried over to the new WSDT Challenge account balance. For the avoidance of any doubt, it is hereby clarified that the initial tradable demo account value of the WSDT Challenge account shall not be restored, and the capital of the WSDT Challenge account shall be modified by adding the difference between the capital of the WSDT Challenge account in the User’s possession and the initial tradable demo account value in accordance with the purchased Upgrade.
  • The initial tradable demo account amount may not be transferred between the individual Services or mutually combined. You may also not transfer or combine your performance, Services parameters, data or any other information between the Services.
  • The Company reserves the right to unilaterally change the fees and parameters of the Services at any time, including the parameters for their successful completion, with notice to the User by Email or otherwise, unless such changes do not affect the User, which could be in effect without notice. The change does not affect the Services purchased before the change is made. Such notice will be made in writing, by e-mail to the e-mail address you have provided.
  • You acknowledge that in order to use our Service, you must obtain the appropriate technical equipment and software, including third-party software (e.g., software for the use of the Trading Platform), at your own risk and expense. The Website is accessible from the most commonly used web browsers. The internet access, purchase of the equipment, and installment of the web browser and its updates are at your own risk and expense. The Company does not warrant or guarantee that the Services will be compatible with any specific equipment or software.

Payments and Cancellations

  1. You can order the Services from the Client Area, after the Registration form has been completed, email was verified and access credentials were submitted to your email address, by completing the appropriate order form and paying the fee, if applicable. Once concluding the payment, the Company will confirm the receipt of your order to your e-mail address and the transaction will be visible in the Billing section inside the client area with the status completed.
  2. The fee for the Services varies according to the option you selected. More detailed information on individual fees for those options is provided on our website. The final fee will be determined based on the option you select when completing the order form for the Service. We reserve the right to provide the Services under individually agreed conditions. All individually agreed conditions shall be determined by the Company at its own discretion. Individual discounts and other benefits may not be combined, unless expressly stipulated otherwise by the Company.
  3. The User has the option to pay the amounts of fees for the Services options in EUR or in USD, as predetermined on the Website. The fee can also be paid in other currencies, as available on the checkout page. If you choose a different currency, the amount of the fee for the selected option of the Services shall be converted to the chosen currency on the checkout page, and the User accepts the amount of the fee by completing the payment. The Customer acknowledges that if the payment is made in a currency other than EUR or USD, the amount will be converted according to the current exchange rates valid at the time of payment. If you are paying the fee from an account that does not hold the selected currency, the amount of the fee for the selected option shall be converted to the selected currency using the exchange rate of your payment processor.
  4. Charges are inclusive of all taxes, and the User is obliged to fulfill all his tax obligations in connection with the use of our Services in accordance with any applicable laws, and in the event of an obligation, the User is obliged to pay tax or other fees properly.
  5. The User can pay the fee for the selected option of the Services by card (credit or debit card), via a bank transfer, or using other means of payment that the Company currently offers on the Website. In the event of payment by card the payment shall be made immediately. If you select a bank transfer for payment, the fee is considered paid when its full amount is credited to our bank account. The User bears all fees charged by the User’s payment provider (the bank or card issuer, in accordance with the agreement between the User the payment provider) in connection with the transaction and the User is obliged to ensure that the respective fee for the selected Services is paid in full.
  • If the User lodges an unjustifiable complaint regarding the paid fee or disputes the paid fee with his/her bank or payment Services provider (e.g. through chargeback services, dispute services, or other similar services), on the basis of which an annulment, cancellation or refund of the fee or any part thereof is requested, the Company is entitled, at its own discretion, to stop providing to the Services and refuse any future provision of any services.
  • We reserve the right to refuse any order placed with us. We may, in our sole discretion, limit or cancel Services purchased per person, per household or per order. Orders placed by or under the same customer account, the same payment card, and/or orders using the same billing and/or delivery address may be subject to these limitations.
  • Money-Back Guarantee: During the initial 14 days from the purchase date, the User the purchase by a sending an Email to us at [email protected], explicitly stating the User wish to cancel the Purchase, and receive a full refund. Products or services that are offered in a digital form, such as a course that may be viewed or downloaded by the User within the 14 days’ time period, may be canceled subject to the consent of the Company

Access to the Services

  • To gain access to the Services you must register on the website, accept the Terms and submit the order form inside the Client Area. Once submitting the order form, and where the payment is confirmed and verified, you will find the service/s paid for inside your Personal Client Area and, in case of the WSDT Challenge service, you will be emailed with the access codes for the WSDT Challenge Trading Platform Demo Account (the “WSDT Challenge account”). If/when the conditions of the WSDT Challenge are met, you will be emailed the access code for the Verification Trading Platform Demo Account (the “Verification Account”).
  • The Company shall assign a unique username and password for your Client Area and any demo trading accounts given to you. You can alter the password at any time.
  • Access to the Client Area and Trading Platform is protected by login credentials, which the User may not make available or share with any third party. The User is responsible for all activities that are performed through the User’s Client Area or Trading Platform. The Company bears no responsibility, and the User is not entitled to any compensation, for any misuse of the Client Area, Trading Platform, or any part of the services.
  • The total number of WSDT Education Challenges and Verifications per one User may be limited at the Company’s sole discretion.
  • If the User places an unusually large number of orders for the Services within an unreasonably short period of time, the Company may notify the User as a protective precaution to mitigate potentially harmful or gambling behavior of the User. If such unreasonable behavior continues after such notice, we reserve the right to suspend any further orders of the Service, and any other services provided by the Company, by the User. If we identify that the unusual behavior as per this paragraph relates to the User’s involvement in Forbidden Trading Practices (as defined later in these Terms), we may take respective actions as perceived in the Rules for Demo Trading Section of this Agreement. The Company reserves the right to determine, at its own discretion, the nature of the behavior described above and reasonable boundaries for such determination.
  • The User acknowledges that the Services may not be available around the clock, particularly with respect to maintenance, upgrades, or any other reasons. In particular, the Company bears no responsibility, and the User is not entitled to any compensation for the unavailability of the Client Area or Trading Platform.
  • The User may at any time request the cancellation of the Services by sending an e-mail to [email protected]. Sending a request for the cancellation of the Services is considered as a request for termination of the contract by the User, with the User no longer being entitled to use the Service, including the Client Area and Trading Platform. The Company will confirm in writing the receipt of the request to the User by e-mail, whereby the contractual relationship between the User and the Company will be terminated. In such a case, the User may be entitled to a refund of the fees already paid under the conditions of and in accordance with the Money-Back Guarantee Policy.

Use of the Services and Other Content

When accessing the Services and any other content, the following is prohibited:

The Evaluation Process

a)    The WSDT Challenge

  • 35.   The User activates the WSDT Challenge by opening the first demo trade in the Trading Platform. YOU ACKNOWLEDGE THAT, BY OPENING THE FIRST DEMO TRADE YOU EXPRESSLY REQUEST THE COMPANY TO COMPLETE THE Services BEFORE THE EXPIRY OF THE PERIOD FOR CANCELLATION OF THE Service, WHICH AFFECTS YOUR RIGHT TO THE MONEY-BACK GUARANTEE, AS SPECIFIED IN the MONEY-BACK GUARANTEE policy.
  • The WSDT Challenge lasts for 30 calendar days from the date on which it was made available to you, and your access to the WSDT Challenge account will be suspended at the expiration of the 30-day period (the “Expiration”). If you do not use the WSDT Challenge before expiration, you can request the renewal of access by sending an e-mail to [email protected] within 6 months of the initial suspension, otherwise we will terminate the provision of the Services without any right to a refund of the fee.
  •  WSDT Challenge Conditions:

For the User to meet the conditions of the WSDT Challenge, the User must fulfill all the following conditions by the end of the WSDT Challenge:

  • The User shall perform at least one demo trade per day on at least ten different calendar days (the “Minimum Trading Days”);
    • The User’s WSDT Challenge account must not reach a daily loss (loss for the demo trades opened on the day, including trading fees as described in section 50), of 5% of the initial tradable demo account value for the respective option (the “Daily Maximum Loss”), as described in Schedule A;
    • The User’s WSDT Challenge account must not reach a total loss of 10% of the initial tradable demo account value for the respective option (the “Maximum Loss”, or “Maximum Drawdown”), as described in Schedule A;
    • The User reported a total accumulated profit on all closed demo trades amounting to at least 10% of the initial tradable demo account value for the respective option (the “Profit Target”), as described in Schedule A.

Any open positions must be closed by the Expiration. In case the User opens any further trades in the WSDT Challenge account past the Expiration, the WSDT Challenge will be evaluated as unsuccessful.

The above conditions are more detailed in the table of Schedule A’ of these Terms.

  • If the User has met the conditions of the WSDT Challenge specified above, and at the same time has not violated these Terms, and in particular the Rules for Demo Trading, the Company will evaluate the WSDT Challenge as successful and will make the Verification available to the User free of charge by sending login details to the User’s e-mail address. The User may request the evaluation of the WSDT Challenge at any time by sending a request to [email protected]. The Company shall not evaluate the WSDT Challenge if the User has not closed all trades.
  • If during the WSDT Challenge the User does not comply with some of the conditions specified herein, the WSDT Challenge will be evaluated as unsuccessful, and the User will not be allowed access to the subsequent Verification.

b)    The Verification

  • The User activates the Verification by opening the first demo trade in the Trading Platform, following the end of the WSDT Challenge, and being approved for the Verification.
  • The Verification lasts for 30 calendar days from the date on which it was made available to you, and your access to the Verification Account will be suspended at the expiration of the 30-day period. If you do not use the Verification Account before expiration, you can request the renewal of access by sending an e-mail to [email protected] within 6 months of the initial suspension, otherwise we will terminate the provision of the Service.
  • Verification Conditions

For the User to meet the conditions of the Verification, the User must fulfill all of the following conditions by the end of the Verification:

Any open positions must be closed by the Expiration. In case the User opens any further trades in the Verification Account past the Expiration, the Verification will be evaluated as unsuccessful.

The above conditions are more detailed in the table of Schedule A of these Terms.

  • If the User has met the conditions of the Verification specified in paragraph above, and at the same time has not violated the Terms, and in particular the Rules for Demo Trading, the Company will evaluate the Verification as successful and will refer the User to trade on a live WSDT funded account (the “WSDT Funded Account”). The User may request the evaluation of the Verification at any time by sending a request to [email protected]. The Company shall not evaluate the Verification if the User has not closed all trades.
  • The WSDT Funded Account is limited to a maximum total amount of the capital allocation of USD 500,000 per User, individually or in combination. For the avoidance of any doubt, it is hereby clarified that the total accumulated amount of capital allocation is USD 500,000 per User. If the User is already participating in the WSDT Funded Account, for a total accumulated amount of capital allocation of USD 500,000, the User will not be referred to the WSDT Funded Account.
  • Shall the Verification be completed successfully; the Company shall return in full the fee paid for the Service. The fee shall be reimbursed to the same payment method used for the purchase.
  • If during the Verification the User does not comply with any of the conditions specified above, the Verification will be evaluated as unsuccessful, and the User will not be referred to the WSDT Funded Account. In such cases, the User’s Verification Account and any related services will be canceled.

WSDT Funded Account

  • If the User is successful in both the WSDT Challenge and Verification, the User may be referred for a contract with a WSDT proprietary firm, in WSDT’ sole discretion, to participate in the WSDT Funded Account.
  • Shall the User choose to participate in the WSDT Funded Account, the User shall provide the respective Company with personal documentation (i.e., valid identity document and recent utility bill) to enable the Company to verify the identity of the User in accordance with the terms & conditions of the WSDT Funded Account as shall be in effect at that time. In addition, the User will have to read and accept the terms & conditions of the WSDT Funded Account. The Company will proceed by assessing all the collected information and decide whether the client will be approved or rejected.
  • The Company reserves the right to deny the User for the WSDT Funded Account for any or no reason.

Demo Account Trading Fees

  • The demo account provided to the User for the purposes of the WSDT Challenge and the consequent Verification is designed to simulate trading in the WSDT Funded Account. As such, the demo account applies the same trading fees the funded account of the WSDT Funded Account applies (the “Trading Fees”).
  • Trading in the demo account shall be subject to the following Trading Fees:
  • Commissions per ticket: applicable for CFDs on US Stocks and ETFs. Commissions are charged per each individual executed order on the demo account, per shares bought or sold with a minimum order fee. The commissions are set to $0.007 per share/CFD ($7 per 1,000 shares/CFDs) with a minimum of $1.5 per ticket.

Calculation Example:

When opening a trade of 100 shares/CFDs: 0.007 x 100 = 0.7 < 1.5 = 1.5. The demo account will be charged with $1.5.

When opening a trade of 300 shares/CFDs: 0.007 x 300 = 2.1 > 1.5 = 2.1. The demo account will be charged with $2.1.

  • Spread: applicable for all otherCFD instruments traded in the demo account.

The spread is the difference between Bid and Ask prices of a certain instrument. The spread is incorporated in the quoted buy and sell prices presented on the trading platform.

  • SWAP: Anypositions held overnight are subject to SWAP. The SWAP is calculated daily, and positions held during the weekend are charged per three days (Friday, Saturday & Sunday). The SWAP is charged at 00:00 GMT. The SWAP varies across instruments. Information of the SWAP rate is available in the trading platform.

Calculation Formula:

SWAP = (Price * Lot size * Amount in lot * % Swap value) / Annual days number

Where:

Price – current price (00:00 GMT)

Lot size – depending on the CFD

Amount in lot – position size

% Swap value – according to trading platform

Annual days number – 365

  • Trading Fees are incurred on the demo account in order to reflect the manner in which orders are executed with a live account. For the avoidance of doubt, the User does not and may not pay the Trading Fees by providing any type of payment to WSDT, but rather debited from the demo account tradable value.
  • The Company reserves the right to amend, at its discretion, the size, the amounts, and the percentage rates of the Trading Fees, to accurately reflect any fees incurred in the funded account of the WSDT Funded Account. The User shall consult the trading platform for information on Trading Fees during the period the User is using the demo account, and especially before placing any orders in the demo account.

Rules for Demo Trading

  • During the demo trading on the Trading Platform, you may perform any transactions available on the Trading Platform from time to time, unless these constitute forbidden trading strategies or practices within the meaning of the paragraph “FORBIDDEN TRADING PRACTICES” below. You also agree to follow good market standard rules and practices for trading on financial markets (e.g., risk management rules). Restrictions may also be imposed by the trading conditions of the Trading Platform that you have selected for trading.
  • You acknowledge that the Company has access to information about the demo trades that you perform on the Trading Platform. You grant the Company your consent to share this information with persons/entities who are in a group with the Company or who are otherwise affiliated with the Company, and you grant the Company and these persons/entities your consent and authorization to handle this information at their own will. You agree that these activities may be performed automatically without any further consent, consultation, or approval on your part being necessary, and that you are not entitled to any remuneration or revenue associated with the use of the data by the Company. The Company is aware that you do not provide the Company with any investment advice or recommendations through your demo trading.
  • The Company bears no responsibility for the information displayed on the Trading Platform, nor for any interruption of, or delay or inaccuracy in the market information displayed in the demo account.
  • DURING THE DEMO TRADING, IT IS PROHIBITED TO:
    • KNOWINGLY OR UNKNOWINGLY USE TRADING STRATEGIES THAT EXPLOIT ERRORS IN THE SERVICES SUCH AS ERRORS IN DISPLAY OF PRICES OR DELAY IN THEIR UPDATE and/or concluding trades at off-market prices, or taking advantage of internet delays, such as scalping or sniping.
    • PERFORM TRADES USING AN EXTERNAL OR SLOW DATA FEED; lag trading and/or usage of server latency, price manipulation, and similar practices which fall under the definition of market abuse.
    • PERFORM, ALONE OR IN CONCERT WITH ANY OTHER PERSONS, INCLUDING BETWEEN CONNECTED ACCOUNTS, TRADES OR COMBINATIONS OF TRADES which taken together or separately are for THE PURPOSE OF WHICH IS TO MANIPULATE TRADING, for gain, such as, but not limited to SIMULTANEOUSLY ENTERING INTO OPPOSITE POSITIONS by you or by you acting in concert with others.
    • PERFORM TRADES IN CONTRADICTION WITH THE TERMS AND CONDITIONS OF THE COMPANY AND THE TRADING PLATFORM.
    • USE ANY SOFTWARE, ARTIFICIAL INTELLIGENCE, HIGH SPEED, scalping, automated data entry, MASS DATA ENTRY or automated trading, WHICH MIGHT MANIPULATE, ABUSE, OR GIVE YOU AN UNFAIR ADVANTAGE WHEN USING OUR SYSTEMS OR SERVICES. Accordingly, a significant number of trades within short duration may be deemed as abusive trading strategies;
    • OTHERWISE PERFORM TRADES IN CONTRADICTION WITH HOW TRADING IS ACTUALLY PERFORMED IN THE FINANCIAL MARKET, OR IN A WAY THAT ESTABLISHES JUSTIFIED CONCERNS THAT THE PROVIDER MIGHT SUFFER FINANCIAL OR OTHER HARM AS A RESULT OF THE USER’S ACTIVITIES.
    • Furthermore, the User shall not exploit the Platform by performing trades without applying market standard risk management rules for trading on financial markets, this includes, among others, the following practices (i) opening substantially larger position sizes compared to User’s other trades, whether on this or any other User’s account, or (ii) opening substantially smaller or larger number of positions compared to User’s other trades, whether on this or any other User’s account. The User also agrees not to proceed with abusive trading techniques such as, but not limited to placing of ‘Buy Stop’ or ‘Sell Stop’ orders before the release of any financial data, Arbitrage, System or Platform Manipulation.
    • The Company reserves the right to determine, at its own discretion, whether certain trades, techniques, tactics, practices, strategies or situations are Forbidden Trading Practices as defined in these Terms.
    • The User hereby consents to the Company’s Forbidden Trading Practices policies and procedures and further acknowledges and accepts that the Company shall evaluate all trading techniques used by the User in any demo account, in order to evaluate and assess whether such techniques were indeed abusive and/or forbidden practices.
    • If the User engages in any of the Forbidden Trading Practices described in the paragraph above,
  • the Company may consider it as a failure to meet the conditions of the WSDT Challenge or Verification,
  • the Company may remove the transactions that violate this Agreement from the User’s trading history and/or reclaim any historic trading profits and/or losses achieved by the demo trading, or
  • to immediately cancel the Service, and all related services provided to the User and subsequently terminate this Agreement.
    • In case when some or all Forbidden Trading Practices are executed on one or more WSDT Challenge and Verification accounts of one User, or accounts of various Users, or by combining trading through, then the Company is entitled to cancel Services and all related services and terminate all respective contracts related to any and all User’s WSDT Challenge and Verification accounts, without any compensation. In such a case, the Customer is not entitled to a refund of the fees paid. The Company may exercise any and all actions at its own discretion and without prejudice.
    • If any Demo Account(s) were used for or involved in the Forbidden Trading Practices, this may and will constitute a breach of these Terms, which may result in the revocation of WSDT Funded Account and the revocation of respective contract.
  • The Company does not bear any responsibility for trading or other investment activities performed by the User outside the relationship with the Company, for example by using data or other information from the Trading Platform, or related services, in real trading on financial markets.
  • CHANGES IN FINANCIAL MARKETS ARE SUBJECT TO FREQUENT AND ABRUPT CHANGES. TRADING ON FINANCIAL MARKETS MAY NOT BE PROFITABLE AND CAN LEAD TO SIGNIFICANT FINANCIAL LOSSES. ANY PREVIOUS PERFORMANCES AND PROFITS OF THE USER’S DEMO TRADING ARE NOT A GUARANTEE OR INDICATION OF ANY FURTHER PERFORMANCE.

Disclaimer

  • YOU ACKNOWLEDGE THAT THE SERVICES AND OTHER CONTENT ARE PROVIDED “AS IS” WITH ALL THEIR ERRORS, DEFECTS AND SHORTCOMINGS, AND THAT THEIR USE IS AT YOUR SOLE RESPONSIBILITY AND RISK. TO THE MAXIMUM EXTENT PERMITTED BY THE MANDATORY LAWS, THE Company DISCLAIMS ANY STATUTORY, CONTRACTUAL, EXPRESS AND IMPLIED WARRANTIES OF ANY KIND, INCLUDING ANY WARRANTY OF QUALITY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT OF ANY RIGHTS.
  • The User understands and agrees that the Trading Platform services are provided by third party, “as is”, “as available”, without warranty of any kind by the system provider, express, implied or statutory (including, without limitation, timeliness, sequence, completeness, accuracy, or freedom from interruption. Furthermore, there is no representation by the Company that such services or any information provided in connection therewith, will meet the User’s requirements, be error free, or operate without interruption. The entire risk as to the quality and performance of the services offered through the Trading Platform is with the User.
  • We may offer you access to third-party tools over which we have no control or involvement. You understand and agree that we provide access to such tools ‘as is’ and ‘as available,’ with no warranties, representations, or obligations of any kind, and without any endorsement. We accept no liability originating from or related to your use of optional third-party tools. Any use of optional tools made available to you is solely at your own risk and discretion, and you should ensure that you are acquainted with and approve of the conditions under which the tools are made available by the relevant third-party resource(s).
  • TO THE EXTENT PERMITTED BY THE MANDATORY PROVISIONS OF THE APPLICABLE LAWS, THE Company IS NOT RESPONSIBLE FOR ANY HARM, INCLUDING ANY INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES, INCLUDING LOST PROFIT, LOSS OF DATA, PERSONAL OR OTHER NON-MONETARY HARM OR PROPERTY DAMAGE CAUSED AS A RESULT OF USE OF THE SERVICES OR RELIANCE ON ANY TOOL, FUNCTIONALITY, INFORMATION OR ANY OTHER CONTENT AVAILABLE IN CONNECTION WITH THE USE OF THE SERVICES OR ELSEWHERE ON THE WEBSITE.
  • THE Company IS NOT RESPONSIBLE FOR ANY PRODUCTS, SERVICES, APPLICATIONS OR OTHER THIRD- PARTY CONTENT THAT THE CUSTOMER USES IN CONNECTION WITH THE SERVICE. IN CASE THE Company’S LIABILITY IS INFERRED IN CONNECTION WITH THE OPERATION OF THE WEBSITE OR PROVISION OF THE SERVICES BY A COURT OF JUSTICE OR ANY OTHER COMPETENT AUTHORITY, THIS LIABILITY SHALL BE LIMITED TO THE AMOUNT CORRESPONDING TO THE FEE PAID BY THE CUSTOMER FOR THE SERVICES IN CONNECTION WITH WHICH THE CUSTOMER HAS INCURRED THE LOSS.
  • The User acknowledges and understands that the Company reserves the right, at its discretion, to terminate the User‘s access to the Company‘s electronic systems or part of them in order to ensure the effective and efficient operation of its systems and protect the interests of all its Users and its own. In such cases, the Company may terminate any or all Services provided to the User.
  • The User agrees to use software programs developed by third-parties; browser software that supports Data Security Protocols compatible with protocols used by the Company. Moreover, the User agrees to follow the access procedure (Login) of the Company for Electronic Services that support such protocols.
  • The User acknowledges that the Company bears no responsibility if unauthorized third persons have access to information, including electronic addresses, electronic communication and personal data, when the above are transmitted between the User and the Company or any other party, using the internet or other network communication facilities, telephone, or any other electronic means.
  • The User acknowledges that the Company bears no responsibility for the inability of the User to access the Services if this inability was:
    • a result of the User’s failure to keep the Trading Platform software provided to the User up to date with all necessary updates and upgrades;
    • caused by any other mechanical, software, computer, telecommunications or other electronic systems failure outside of the control of the User or the Company.
  • The Company is not responsible for any internet connection or electricity failures that prevent the use of the Services and cannot be responsible for not fulfilling any obligations under this agreement because of the internet connection or electricity failures.
  • The Company is not responsible for its failure to provide the purchased Services if that failure occurs due to serious technical or operational reasons beyond the Company’s control, in the case of any crisis or imminent crisis, natural disaster, war, insurrection, pandemic, a threat to a large number of people or other force majeure events, and/or if the Company is prevented from providing the Services as a result of any obligations imposed by law or a decision of a public authority.
  • The User waives any claim against the Company or its employees, staff, representatives or its owners for any act and/or omission made by the User and/or for any loss, damage or expense, of any kind whatsoever that might cause direct or indirect damage to the User. The User also waives any claim that any aspect of the Company or the Services constitutes a Share or Security. The Company expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any Information contained in the Company’s Website or these Terms, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom. 
  • The Company reserves the right to modify, change, replace, add, or remove any elements and functions of the Services at any time without any compensation.
  • The provisions of this clause are not intended to deprive the User of the User’s consumer or other rights that cannot be excluded by law.

Defective Performances

  • We will try to resolve any complaint you may lodge as soon as possible (no later than within 30 calendar days), and we will confirm its receipt and settlement to you in writing. You can file a complaint by sending an e-mail to our e-mail address [email protected]. If any complaint is not resolved to your satisfaction, your sole remedy would be to terminate this Agreement and your rights shall be determined in accordance with our Money-Back Guarantee Policy.

Communication

  • You acknowledge that all communication from the Company or its partners in connection with the provision of the Services will take place through your e-mail address, which you register with us. Written electronic communication by e-mail is also considered to be written communication.
  • Unless otherwise agreed, all communication shall be in English.
  • Our contact e-mail address is [email protected]

Changes to the Agreement

  • The Company reserves the right to change the Agreement at any time with immediate effect for new customers and new orders of the Services placed by existing Users. The WSDT Challenge and the subsequent Verification are provided throughout the period of their duration pursuant to the version of the Agreement which was valid and effective at the time at which the relevant Services was ordered, unless the Company notified existing Users of the change to the Agreement by e-mail.

Violation of Agreement

  • IF THE User VIOLATES ANY PROVISION OF THESE terms THE Company MAY, without prejudice, PREVENT THE User FROM ORDERING ANY OTHER SERVICES AND COMPLETELY OR PARTIALLY RESTRICT THE User ACCESS TO ALL OR ONLY SOME SERVICES, INCLUDING ACCESS TO THE CLIENT Area AND TRADING PLATFORM, WITHOUT ANY PRIOR NOTICE AND WITHOUT ANY COMPENSATION.

Termination

  • The User has the right to terminate the Agreement by giving the Company at least 14 days written notice. The User’s written notice must be sent to our e-mail address [email protected] within the specified time limit. We will confirm receipt of your request in text form without undue delay. If you terminate the Agreement, you may be entitled to a refund of the fees under the conditions of and in accordance with the Money-Back Guarantee Policy.
  • The Company may terminate the Agreement for any or no reason, by giving the User at least fourteen (14) days written notice, specifying the date of termination as such, and you may be entitled to a refund of the fees under the conditions of and in accordance with the Money-Back Guarantee Policy, unless the Agreement was terminated due to breach of these terms, in this case you will not be entitled to any refund
  • The Company is entitled to immediately terminate the Agreement in the following cases, without prejudice and without refund:
    • Violation of Agreement by the User;
    • The User involves the Company directly or indirectly in any type of fraud;
    • The User is in repeated or serious breach of this Agreement;
    • the Company reasonably suspects that the information provided by the User is false;
    • The User has behaved in an abusive or threatening manner towards the Company, its employees, staff, or representatives;
    • The User does not use the Services within the predefined period;
    • Legislative requirement(s);
    • Any other legal valid reason to take such action.

Out-of-Court Consumer Dispute Settlement

  • It is our objective that our Users are satisfied with the WSDT services; therefore, if you have any complaints or suggestions, we will be happy to resolve them directly with you and you can contact us at our e-mail address [email protected].

Choice of Law and Jurisdiction

  1. Any legal relations established by this Agreement or related to them, as well as any related non-contractual legal relations, are governed by {to be added}. The User agree that any claim shall be on a personal basis, and not to file or take part in any class action against the Company. The User also agree that any claim not served against the Company in the 6 months’ time period following the cause for such claim, shall be considered as waived.
  2.  

Final Provisions

  • The titles in this agreement are given solely for convenience and have no bearing on the Terms.
  • These Terms constitute the complete terms and conditions agreed between you and the Company and supersede all prior agreements relating to the subject matter of the Agreement, whether verbal or written.
  • The Company may assign any claim arising to the Company from these Terms or any agreement to a third party without your consent. You agree that the Terms may, as the assignor, transfer its rights and obligations under these Terms or any agreement or parts thereof to a third party. The User is not authorized to transfer or assign the User’s rights and obligations under these Terms or any agreements or parts thereof, or any receivables arising from them, in whole or in part, to any third party.
  • Nothing in these Terms is intended to limit any legal claims set out elsewhere in these Terms or arising from the applicable law.
  • In case any provision of the Agreement is or becomes, at any time, illegal void or non-enforceable in any respect, in accordance with a law and/or regulation of any jurisdiction, the legality, validity or enforceability of the remaining provisions of the Agreement or the legality, validity or enforceability of this provision in accordance with the law and/or regulation of any other jurisdiction, shall not be affected.
  • If any provision of the Terms is found to be invalid or ineffective, it shall be replaced by a provision whose meaning is as close as possible to the invalid provision. The invalidity or ineffectiveness of one provision shall not affect the validity of the other provisions.
  • No past or future practice established between the parties and no custom maintained in general or in the industry relating to the subject-matter of the performance, which is not expressly referred to in the Agreement, shall be applied and no rights and obligations shall be derived from them for the parties; in addition, they shall not be taken into account in the interpretation of manifestations of the will of the parties.
  • Prior to the mutual acceptance of these Terms, the parties have carefully assessed the possible risks arising from them and accept those risks. The User acknowledges that no representations were made to him/her by or on behalf of the Company which have in any way incited or persuaded him/her to enter into the Agreement.

Notice of Agreement

  1. By accessing and using any Services offered by the Company, you accept and agree to be bound by the terms and conditions of this Agreement. In addition, when using the Service, you shall be subject to any posted guidelines or rules applicable to such Service. Any participation in a purchased Services will constitute acceptance of this Agreement. If you do not agree to abide by the above, please do not use any Services provided by the Company.

SCHEDULE A

OPTIONS OF THE WSDT EDUCATION CHALLENGES AND THE CORRESPONDING VERIFICATIONS

  WSDT Education Challenge
Initial Capital$15,000$25,000$50,000$100,000$250,000
Daily max loss$750$1,250$2,500$5,000$12,500
Max loss$1,500$2,500$5,000$10,000$25,000
Profit target$1,500$2,500$5,000$10,000$25,000
 Verification
Initial Capital$15,000$25,000$50,000$100,000$250,000
Daily max loss$750$1,250$2,500$5,000$12,500
Max loss$1,500$2,500$5,000$10,000$25,000
Profit target$1,500$2,500$5,000$10,000$25,000

Choose your program:

WSDT Education Challenge – Demo value 15,000

WSDT Education Challenge – Demo value 25,000

WSDT Education Challenge – Demo value 50,000

WSDT Education Challenge – Demo value 100,000

WSDT Education Challenge – Demo value 250,000

I hereby officially confirm that I am of the full age of eighteen (18) years.

I hereby declare that I have read, understood, and agree to the above WSDT Terms and Conditions.