The following conditions apply to all offers/promotions/giveaways/contests (“offers”), unless explicitly stated otherwise:

• Offers cannot be used in conjunction with any other offer.
• All DEMO offers only apply to valid STP and ECN accounts. Cent accounts, BTC and ETH currency accounts are not applicable unless explicitly stated otherwise.
• Clients referred by a PAMM/MAM or money manager are not eligible to participate in DEMO offers.
• All DEMO offers are only available in accordance with applicable law.
• DEMO offers are not designed to alter or modify an individual’s risk preference or encourage individuals to trade in a manner inconsistent with their own trading strategies.
• Clients should ensure that they operate their trading account in a manner consistent with their trading comfort level.
• New Accounts are subject to approval as per DEMO’s account opening procedure. Individuals who apply for an account must check their local laws and regulations before applying for an account with DEMO.
• DEMO reserves the right to decline any application or indication to participate in any promotion at its sole discretion, without the need to provide any justification or explain the reasons for such a decline.
• DEMO reserves the right to exclude and/or cancel a client’s participation in its offers if: a) found churning (opening and closing of Margin FX or CFD transaction just for the benefit of earning a benefit); b) found hedging internally or externally; c) found to be in violation of its Client Agreement or has breached the promotions terms and conditions. In case of such misconduct or the breach, DEMO shall have the right to deduct any bonus amounts from the trading account.
• DEMO may at any time make changes to these terms and conditions and will notify you of these changes by posting the modified terms on DEMO website. You are advised to revise these Terms regularly, and by your continued use of DEMO website and services that you accept any such modified terms. DEMO reserves the right to modify or cancel any offers at its sole discretion at any time.
• DEMO will not be liable for any loss, costs, expense or damage which may be suffered in connection with this offer and which by law may not be excluded by these Terms.
• If these terms and conditions are translated into a language other than English, then the English version of the terms shall prevail where there is an inconsistency.
• The provider of this offer is DEMO Global Limited (Reg. No. 700271).

The report is prepared and presented by TRADING CENTRAL and is made available to DEMO clients and potential clients. The opinions and views expressed in the report are solely those of the authors and analysts and DEMO does not verify the accuracy of any claim or statement. The report is meant for informative reading and should not be relied upon as a substitute for extensive independent research. The information and opinions provided by TRADING CENTRAL do not take into account any particular individual’s investment objectives, financial situation, or needs, and hence does not constitute as an advice or a recommendation with respect to any investment product.