Terms & Conditions

Polywards is an education and evaluation company. We provide a skill-based environment in which users test, practise, and develop their forecasting and analytical decision-making abilities. The Services consist of structured prediction programs ("Challenges") conducted entirely on demo accounts within a simulated environment using virtual scores.

The Company does not collect customer deposits, does not hold or manage client funds, does not offer financial services, and does not provide investment, trading, tax, or legal advice. All accounts made available to users are demo accounts operating with virtual balances that have no monetary value and cannot be redeemed, withdrawn, or exchanged for any asset.

Although Challenges may reference real-world events or publicly available data, all activity on the platform is simulated and notional. Terms such as "account", "balance", "position", or "performance" must be understood strictly within this simulated, educational context, and should not be given the meaning they carry in the context of regulated financial trading or real-money wagering.

Every Challenge offered through the Services takes place exclusively in a simulated environment. The virtual account, virtual balance, targets, and limits associated with a Challenge are notional figures used solely to measure analytical skill. They do not correspond to any real funds, are not connected to any live market order, position, or settlement, and do not place any user money at risk beyond the one-time Enrollment Fee.

Users do not deposit funds to be traded, do not own any virtual balance, and acquire no financial position, security, derivative, or asset of any kind. The simulated nature of the Services applies to all Challenges, all tiers, and all features, without exception.

"Challenge" —

a structured forecasting program offering a set of objectives, rules, and performance thresholds within a defined period.

"Virtual Account" —

a demo account allocated to a user upon enrollment, carrying a notional score balance with no monetary value.

"Enrollment Fee" —

the one-time fee paid by a user to access a Challenge.

"Performance Reward" —

a discretionary incentive that the Company may pay to users who meet defined performance criteria, funded entirely from the Company's own revenue.

You must be at least 18 years old and have full legal capacity to enter into these Terms. The Services are not available to residents of, or persons located in, Restricted Territories (defined in Section 16) or any jurisdiction where access would be unlawful. The Company may, at its sole discretion, refuse or restrict access to any person or territory. You are solely responsible for ensuring that your use of the Services complies with the laws applicable to you.

To access the Services you must create an account and provide accurate, current, and complete information. You are responsible for maintaining the confidentiality of your login credentials and for all activity that occurs under your account, and you agree to notify us immediately of any unauthorised use.

We may, at any time and at our sole discretion, require you to verify your identity, age, location, or other account details, including by providing government-issued identification, before granting access to the Services, before issuing any Performance Reward, or as part of our fraud-prevention and anti-money-laundering procedures. We may suspend or withhold access or any pending Performance Reward until verification is satisfactorily completed, and may terminate accounts that contain inaccurate information or that are used in breach of these Terms.

Each Challenge is governed by specific parameters, including a performance target, maximum loss limits, position limits, minimum activity requirements, time limits, and other rules disclosed at the point of enrollment and incorporated into these Terms by reference. These parameters apply exclusively to the Virtual Account and exist to measure analytical skill and discipline within the simulated environment.

Virtual balances, targets, and limits are expressed in notional units for illustrative and educational purposes only. They do not correspond to real money, do not represent any deposit, and confer no ownership, claim, or financial entitlement of any kind. Breaching the rules of a Challenge concludes that Challenge. Completion of a Challenge does not, by itself, create any right to a payment except as expressly provided under Section 8.

Access to a Challenge requires payment of a one-time Enrollment Fee, displayed before purchase and processed by third-party payment providers. The Enrollment Fee is a payment for access to a digital educational product and is recognised as Company revenue upon receipt. It is not a deposit and is not held in escrow, trust, or any segregated client account.

Because the digital product is made available immediately upon purchase, Enrollment Fees are non-refundable except where required by applicable consumer-protection law. Where a refund is considered, it may be granted only if you have not yet begun the relevant Challenge — that is, no activity has been recorded on the Virtual Account and its notional balance remains unchanged from its starting value.

By purchasing access to the Services, you agree to contact us first to resolve any billing concern, and not to initiate a chargeback, payment dispute, or reversal with your bank or card issuer without first allowing us a reasonable opportunity to address the matter. Initiating an unwarranted chargeback may result in immediate suspension or termination of your account and forfeiture of any pending Performance Reward, without prejudice to our right to recover the disputed amount and any associated costs.

Users who satisfy the performance criteria of a Challenge may become eligible for a Performance Reward. Any such reward is a discretionary incentive paid by the Company from its own operating revenue, comparable to a prize in a skills competition. It is not a profit, a return on investment, a withdrawal of funds, or a distribution derived from other users' fees.

The Company reserves the right to verify a user's identity and compliance with these Terms before issuing any Performance Reward, and to withhold or cancel a reward where it identifies bad-faith conduct, rule circumvention, or any breach of these Terms. Performance Rewards may be subject to applicable taxes, which are the sole responsibility of the user.

When using the Services, you agree not to:

• Open or operate more than one account, or coordinate multiple accounts across devices, IP addresses, or identities, without our prior written consent.
• Use VPNs, proxies, or other tools to disguise your location or circumvent geographic restrictions.
• Exploit errors, latency, pricing gaps, or weaknesses in the platform, or use automated systems, bots, scripts, or copy-trading tools not expressly authorised.
• Engage in coordinated, mirrored, or opposite strategies across accounts, all-or-nothing approaches designed to game reward criteria, or any conduct intended to manipulate Challenge outcomes in bad faith.
• Provide false identity information or use the Services on behalf of an undisclosed third party.
• Use the Services for any unlawful purpose, including money laundering or the financing of illicit activity.

We may monitor activity on the Services to detect automation, collusion, or rule circumvention. Violation of this section may result in immediate termination of your account and forfeiture of any pending Performance Reward, without prejudice to any other remedy available to the Company.

You acknowledge that Challenges are skill-based and difficult by design, and that a majority of participants do not meet the performance criteria required to qualify for a Performance Reward. The Enrollment Fee is paid for access to the evaluation product itself, not for any guaranteed outcome. The Company makes no representation or promise that you will pass any Challenge, qualify for any reward, or achieve any particular result. You participate voluntarily and at your own risk.

All content, software, design, trademarks, and materials made available through the Services are owned by or licensed to the Company and are protected by intellectual property laws. You are granted a limited, non-exclusive, non-transferable, revocable licence to use the Services for personal, non-commercial purposes in accordance with these Terms. You may not copy, modify, distribute, reverse-engineer, or create derivative works without our prior written consent.

The Services are provided on an "as is" and "as available" basis without warranties of any kind, whether express or implied, including any implied warranties of merchantability, fitness for a particular purpose, or non-infringement. The Company does not warrant that the Services will be uninterrupted, error-free, or secure. Any reference to real-world events or data is provided for educational and illustrative purposes only and does not constitute financial, investment, or trading advice.

To the maximum extent permitted by applicable law, the Company shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or for any loss of profits or data, arising out of or in connection with your use of the Services. In all cases, the Company's aggregate liability arising out of or relating to the Services shall not exceed the greater of (a) the total Enrollment Fees paid by you in the three (3) months preceding the event giving rise to the claim, or (b) one hundred US dollars (USD 100).

You agree to indemnify, defend, and hold harmless the Company, its members, officers, employees, and agents from and against any claims, liabilities, damages, losses, and expenses, including reasonable legal fees, arising out of or in any way connected with your use of the Services, your violation of these Terms, your violation of any applicable law, or your infringement of any third-party right.

We may suspend or terminate your access to the Services at any time, with or without notice, if we reasonably believe you have breached these Terms or engaged in conduct harmful to the Company, other users, or third parties. Upon termination, your right to use the Services ceases immediately. Provisions that by their nature should survive termination shall continue to apply.

Access to the Services is prohibited for residents of, or persons located in, any jurisdiction subject to comprehensive sanctions or otherwise designated as high-risk, including but not limited to: Cuba, Iran, North Korea, Syria, Russia, Belarus, and the Crimea, Donetsk, and Luhansk regions of Ukraine, as well as Afghanistan, Myanmar (Burma), Venezuela, Sudan, South Sudan, Libya, Somalia, Yemen, Iraq, Lebanon, the Democratic Republic of the Congo, the Central African Republic, Nicaragua, and Zimbabwe.

You represent and warrant that you are not located in, a national or resident of, or otherwise subject to the jurisdiction of any Restricted Territory, and that you are not identified on any sanctions or restricted-party list maintained by the United States (including OFAC), the European Union, the United Kingdom, or the United Nations. This list is not exhaustive. The Company complies with all applicable sanctions and export-control laws and reserves the right to update the list of Restricted Territories at any time and to refuse or terminate access where required to remain compliant.

To the extent permitted by applicable law, any dispute, claim, or controversy arising out of or relating to these Terms or the Services shall be resolved by final and binding individual arbitration, rather than in court, administered under the rules of a recognised arbitration body. You and the Company agree that each may bring claims against the other only in an individual capacity, and not as a plaintiff or class member in any purported class or representative proceeding. This section does not prevent either party from seeking injunctive relief for the protection of intellectual property rights. Where mandatory consumer-protection law grants you the right to bring proceedings before the courts of your country of residence, this section does not deprive you of that right.

These Terms are governed by and construed in accordance with the laws of the State of Wyoming, United States, without regard to conflict-of-law principles. Subject to Section 17 and to any mandatory consumer-protection rules that may apply to you, any dispute not subject to arbitration shall be brought before the competent courts located in the State of Wyoming.

The Company shall not be liable for any failure or delay in performing its obligations where such failure or delay results from causes beyond its reasonable control, including acts of God, natural disasters, war, terrorism, civil unrest, labour disputes, governmental action, power or internet outages, third-party service failures, or other force majeure events.

Nothing in these Terms creates any agency, partnership, joint venture, employment, or fiduciary relationship between you and the Company. You have no authority to bind the Company in any way.

To the extent permitted by applicable law, any claim arising out of or relating to these Terms or the Services must be brought within one (1) year after the cause of action arises; otherwise, that claim is permanently barred.

We may amend these Terms from time to time. The updated version will be published on our website with a revised "last updated" date. Your continued use of the Services after publication constitutes acceptance of the amended Terms.

If any provision of these Terms is held invalid or unenforceable, the remaining provisions will continue in full force and effect. The provisions relating to the simulated nature of the Services, fees, prohibited conduct, disclaimers, limitation of liability, indemnification, dispute resolution, and governing law shall survive any termination of these Terms.

For any questions regarding these Terms, please contact us at: support@polywards.com.