Public Offer
Section 1. General provisions
1.1. These Terms of Service — the Public Offer (the "Offer") — constitute an official proposal by ERA LLC, a legal entity established and operating under the laws of the Republic of Cyprus (the "Company"), to any legally capable individual to enter into a legally binding agreement on the terms set out herein.
1.2. Acceptance of the Offer occurs when the User registers on the Platform, pays the applicable participation fee and/or begins using the Platform's functionality. Such actions constitute full and unconditional acceptance of this Offer.
1.3. The Company provides the User solely with access to its own software analytical trading-simulation environment intended to evaluate trading skills and discipline. The Company does not provide investment, brokerage, asset-management, trust-management or other regulated financial services.
1.4. All trading activity on the Platform is carried out exclusively in a simulation environment using virtual funds and does not involve real market execution unless expressly agreed in a separate written agreement.
1.5. The Company does not accept the User's funds for management, does not act as a broker or dealer, and does not guarantee any profit, income or financial result.
1.6. This Offer is governed by and construed in accordance with the laws of England and Wales.
Section 2. Definitions
Company — the legal entity that owns and operates the Platform and provides access to the trading-simulation environment.
Platform — the Company's software and technology infrastructure (website, interface, personal dashboard) intended for trading simulation and performance evaluation.
User — an individual who has accepted the terms of the Offer.
Account — the User's personal dashboard on the Platform.
Evaluation stage (Challenge / Verification) — a predefined period of trading simulation to reach set performance criteria.
Simulation account — a virtual account with notional capital for analytical purposes.
Trading Rules — the mandatory requirements, limits and restrictions established by the Company.
Reward — a discretionary sum that may be paid to the User upon meeting the conditions; it is not investment income or dividends.
Violation — any act or omission that breaches the Offer or the Trading Rules.
Section 3. Subject of the Offer
3.1. The Company grants the User a limited, non-exclusive right to access the Platform solely to participate in trading simulation and risk-management skill evaluation programs.
3.2. The services are exclusively educational, analytical and evaluative in nature.
3.3. Nothing in the Offer shall be construed as investment advice, portfolio management or brokerage.
3.4. The User acknowledges that all balances and results on the Platform are hypothetical and do not represent real trading results.
3.5. Upon successfully passing the Evaluation stage and complying with all rules, the User becomes entitled to a Reward, which is a contractual incentive and not the result of investment activity.
Section 4. Registration and Account
4.1. The User warrants the accuracy of the data provided at registration.
4.2. The User must be over 18 years old and have full legal capacity.
4.3. The Company may deny access to users from certain jurisdictions.
4.4. The User is solely responsible for keeping their credentials secure.
4.5. Creating multiple accounts without the Company's consent or transferring an account to third parties is prohibited.
Section 5. Terms of participation in Evaluation stages
5.1. The purpose of the programs is to assess the User's discipline and skills.
5.2. Parameters include: profit targets, maximum drawdown limits (daily and overall), minimum number of trading days, etc.
5.3. Breaching any mandatory parameter leads to automatic failure of the stage without any right to a refund or reward.
5.4. The Company may retrospectively review trading activity for abuse.
Section 6. Trading Rules
6.1. The User undertakes to strictly comply with the Trading Rules.
6.2. Strictly prohibited: exploiting platform bugs, latency arbitrage on quotes, using strategies to bypass risk limits, copying third-party trades without permission.
6.3. The use of trading robots (EA) is allowed only with the Company's express approval.
6.4. A breach of the rules is a material breach of contract and leads to annulment of results.
Section 7. Rewards and Payouts
7.1. A Reward is paid only upon full compliance with the Terms and Rules.
7.2. The amount and calculation method of the reward are stated in the program description on the Platform.
7.3. A Reward is not investment income or salary.
7.4. The Company may withhold or cancel a payout upon detecting manipulation or the provision of false data.
7.5. The User is solely responsible for paying taxes on their rewards.
Section 8. Fees, Payments and Refunds
8.1. Participation in Evaluation stages requires payment of a non-refundable Participation Fee.
8.2. The fee is charged for access to the software and evaluation services, not as trading capital.
8.3. Fees are non-refundable once the Evaluation stage has started, regardless of the User's results.
Section 9. Rights and obligations of the parties
9.1. The User must use the Platform only for lawful purposes and report any unauthorised access to the account.
9.2. The Company may change the Trading Rules and evaluation parameters and suspend access upon suspicion of abuse.
Section 10. Limitation of liability
10.1. Services are provided "as is". The Company does not guarantee uninterrupted operation of the Platform.
10.2. The Company is not liable for technical failures, system downtime or losses arising from the User's decisions based on the simulation.
10.3. The Company's aggregate liability may not exceed the amount of fees paid by the User over the last 3 months.
Section 11. Intellectual property
11.1. All rights to the Platform, software, algorithms and design belong to the Company.
11.2. The User is granted a limited licence to use the Platform without any right to copy or decompile the code.
Section 12. Confidentiality
12.1. The User undertakes not to disclose the Company's confidential information.
12.2. Data processing is carried out in accordance with the Privacy Policy.
Section 13. Termination
13.1. The Company may terminate the User's access upon a breach of the Offer.
13.2. Upon termination of access, all potential rewards are annulled.
Section 14. Amendments
14.1. The Company may amend the Offer. Amendments take effect upon publication on the Platform.
Section 15. Governing law and dispute resolution
15.1. Governed by the laws of England and Wales.
15.2. Any disputes are subject to final resolution by arbitration.
15.3. Arbitration is conducted under the Rules of the London Court of International Arbitration (LCIA).
15.4. Tribunal: 1 arbitrator. Seat: London, England. Language: English.
Section 16. Final provisions
16.1. This Offer constitutes the entire agreement between the Parties.
16.2. The invalidity of one provision does not affect the validity of the others.
Section 17. Contact information
Address: Olympia Business Plaza, Tower B, 6th Floor, Offices 612–614, Franklin Roosevelt Avenue, Limassol, Republic of Cyprus.
Company: ERA LLC.