Legal Disclosures

Trading foreign exchange, contracts for difference (CFDs), and other leveraged instruments carries a high level of risk. The trading environment provided by Investabl is simulated and uses virtual funds only; however, the evaluation fees you pay are real and non-refundable as set out below. Past performance, whether actual or simulated, is not indicative of future results. You should only pay evaluation fees you can afford to lose. By using our services, you acknowledge and accept these risks.

All trading activity on Investabl's platform is conducted in a simulated (demo) environment using virtual capital. No real financial instruments are bought or sold, no real market orders are executed in live markets, and no client funds are deposited, held, or traded. Account balances, profits, and losses are simulated. Any payout you receive is a discretionary, performance-based reward for meeting the objectives of the evaluation program under these Terms, it is not the result of real trading profits, an investment return, or interest.

Investabl is a provider of simulated trading evaluation services and related educational tools. Investabl is not a broker, dealer, exchange, investment adviser, or financial institution; it does not accept deposits, hold client money, or execute trades in live markets on your behalf. Nothing on our platform or in our communications constitutes financial, investment, legal, or tax advice, or a solicitation or recommendation to buy or sell any financial instrument. You are solely responsible for your trading decisions.

Investabl's services are intended only for individuals who are at least 18 years of age (or the age of majority in their jurisdiction) and who are legally permitted to access and use such services under the laws of their country or territory of residence. Our services are not directed to, and may not be lawful for, residents of every jurisdiction. By registering for, purchasing, or using our services, you represent and warrant that your access and use is lawful in your jurisdiction, and that you are not located in, a resident of, or accessing the services from any jurisdiction subject to comprehensive economic or trade sanctions, including without limitation Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, Luhansk, Kherson, and Zaporizhzhia regions. It remains your sole responsibility to ensure compliance with all applicable local laws, including any tax, currency-control, or financial-services regulations that may apply to you. Investabl does not represent that its services are appropriate or available for use in any particular location, and reserves the right to refuse, suspend, or terminate services to any person or in any jurisdiction at its sole discretion.

Evaluation and related fees are charged for access to Investabl's simulated evaluation program and associated services. Except as expressly stated in our Refund Policy, including the one-time reimbursement of your evaluation fee issued together with your first eligible payout, all fees are non-refundable once access to the program has been granted and/or trading activity has commenced. Fees are service fees, not deposits, and do not represent tradable capital.

Investabl makes no representation or guarantee that you will pass any evaluation, qualify for a simulated funded account, achieve any particular result, or receive any payout. The substantial majority of participants do not reach a payout. Any statistics, examples, or testimonials reflect individual experiences and are not a promise of your results.

To preserve the integrity of the evaluation, the following are prohibited: operating or controlling multiple accounts to circumvent program limits or the participant cap; coordinated, copy, mirror, or group trading across accounts (including taking opposing positions across accounts, or 'group hedging'); exploiting price-feed errors, latency, or delays ('latency arbitrage'); high-frequency or automated abuse; the use of any strategy designed to exploit the simulated nature of the environment rather than to demonstrate genuine trading skill; and providing false or misleading identity information. Where such conduct is detected, Investabl may, following review and at its discretion, restrict, fail, or terminate the relevant account(s) and withhold any associated payout.

Reference prices used in Investabl's simulated environment are sourced from public on-chain market data provided by Hyperliquid and/or the Pyth Network oracle. These reference prices are independently verifiable by any user, at the timestamp of any trade, using publicly available tools, including the Hyperliquid application and API and the Pyth Network price feeds and Benchmarks service. Investabl does not control, alter, or manipulate the underlying reference price.

Order fills in the simulated environment are generated against the reference price feed described above, with a spread and, where applicable, slippage applied in accordance with Investabl's published execution model ([link]). While the underlying reference price is independently verifiable, the spread and slippage applied are Investabl's own simulated execution parameters as disclosed. Simulated fills may differ from fills that would occur in live markets.

Certain instruments may be available to trade 24 hours a day, 7 days a week, including during periods when their traditional underlying markets are closed (for example, weekends). During such periods, reference-price liquidity may be thin and prices may move sharply or gap. You acknowledge and accept that trading these instruments outside of traditional market hours is at your own risk, and that simulated fills, drawdown calculations, and rule breaches may occur based on such off-hours pricing.

Eligible payouts are settled in USDC (or another stablecoin as specified) on a public blockchain, to a wallet address you provide. You are solely responsible for providing a correct wallet address and for the security of your wallet and private keys. On-chain transactions are irreversible; Investabl cannot recover or reverse a payout sent to an address you provided. Digital assets may be subject to network fees, price volatility, and regulatory treatment outside Investabl's control.

You are solely responsible for determining and satisfying any tax obligations arising from any payout you receive. Investabl does not withhold taxes and provides no tax advice.