Terms and Conditions - Mockapital

Terms and Conditions

1. Acceptance of Terms and Legal Agreement

By accessing the Mockapital website and services, you confirm that you have read, understood, and agree to be bound by these Terms and Conditions, along with all applicable laws. If you do not agree with these terms, you are prohibited from using the website and any services associated with Mockapital.

Mockapital is a service operated by Datawise Strategies FZ-LLC, a Free Zone Limited Liability Company (FZ-LLC) licensed under the Ras Al Khaimah Economic Zone (RAKEZ), United Arab Emirates. License No. 47010341, registered address: FDRK1156, Compass Building, Al Shohada Road, Al Hamra Industrial Zone-FZ, Ras Al Khaimah, UAE.

2. Eligibility Requirements

To participate in Mockapital’s services, you must be at least 18 years old and have the legal capacity to enter into binding agreements. By registering, you confirm that all information provided is accurate, complete, and up-to-date. Mockapital reserves the right to suspend or terminate accounts if eligibility or verification checks are failed.

3. Service Description and Program Structure

Mockapital provides a simulated trading environment designed for educational and skill development purposes, offering evaluation challenges in which traders can demonstrate their trading abilities in simulated markets. The terms and conditions of each evaluation program, including account balance, profit targets, drawdown limits, and evaluation rules, are clearly stated on our website. Mockapital does not provide financial or trading advice and does not guarantee profitability.

4. Fees, Refunds, and Payment Terms

Participation in Mockapital’s evaluation programs requires the payment of a non-refundable fee, which covers access to the simulation and evaluation services. Payments must be made in cryptocurrency, as detailed on our payment page. Depending on the chosen evaluation program, the fee may be refundable in certain cases. Users are responsible for understanding and complying with these payment terms.

5. Account Access, Security, and Responsibility

Upon registration, users will create a secure login with a unique password. You are solely responsible for maintaining the confidentiality of your login details and for all activities under your account. Unauthorized account sharing, access, or use of third-party credentials is strictly prohibited. Any breach of security should be reported immediately to Mockapital support.

6. Evaluation Rules and Trading Restrictions

Participants in Mockapital’s evaluation programs must comply with all trading rules, including drawdown limits, profit targets, and minimum trading days as specified for each program. Mockapital reserves the right to terminate participation if a user breaches these rules. Rules against holding positions over weekends or any other specific limitations outlined on our website must be strictly adhered to.

7. Payouts and Profit Split Terms

Successful participants in the evaluation process may qualify for a profit split on any gains made in the simulated account. The specific percentage and process for payouts are detailed in the program information. Payouts will be issued only after completing KYC verification and meeting all terms. Users must understand that Mockapital does not provide real trading capital, and all profits are based on simulated trades.

8. Risk Disclosure and Disclaimers

Trading in financial markets carries substantial risk, including the risk of loss. Participation in Mockapital’s programs is solely at the user’s risk, and Mockapital assumes no responsibility for any losses. All services and information are provided without any guarantees of accuracy, reliability, or success. Mockapital does not endorse any particular trading method or outcome and provides no warranty regarding results.

9. Limitation of Liability

Mockapital is not liable for any direct, indirect, incidental, or consequential damages resulting from the use of its services, including but not limited to loss of data, profits, or opportunities. This limitation applies to any actions or inactions by Mockapital, including negligence. Users are responsible for their use of the website and services, including reliance on any content provided.

10. Intellectual Property Rights

All content, design, software, and materials on the Mockapital website are the intellectual property of Datawise Strategies FZ-LLC or its affiliates and are protected by copyright, trademark, and other intellectual property laws. Users may not reproduce, distribute, modify, or create derivative works based on this content without prior written consent from Mockapital.

11. Privacy and Data Protection

Mockapital respects user privacy and complies with applicable data protection regulations. Our Privacy Policy outlines how we collect, use, and protect personal information. By using our services, you consent to the collection and use of your data in accordance with this policy.

12. Use of Cookies

Mockapital may use cookies to enhance the user experience. By continuing to use the website, you agree to our use of cookies as described in our Privacy Policy.

13. Third-Party Links and Services

Mockapital’s website may contain links to third-party websites for reference and informational purposes. We do not endorse or control these external sites and are not responsible for their content, accuracy, or practices. Users access third-party sites at their own risk, and we recommend reviewing the terms and policies of each site independently.

14. Suspension and Termination of Access

Mockapital reserves the right to suspend or terminate user accounts without notice if it determines that a user has violated these terms, engaged in fraudulent activity, or compromised website security. Suspended or terminated users forfeit any entitlements, including ongoing or pending evaluations.

15. Amendments to Terms and Conditions

Mockapital may update these Terms and Conditions periodically to reflect changes in our practices, legal requirements, or operational adjustments. All updates will be posted on this page, and continued use of our services following any updates constitutes acceptance of the revised terms.

16. Governing Law and Jurisdiction

These Terms and Conditions shall be governed and construed in accordance with the laws of the United Arab Emirates (Ras Al Khaimah Economic Zone). Any disputes or claims arising from these terms will be resolved through binding arbitration under the laws of this jurisdiction. By agreeing to these terms, users waive their right to pursue claims through class actions.

17. Conflict of Interest and Prohibited Participants

To prevent conflicts of interest, individuals who are current or past employees, partners, affiliates, or shareholders of other prop trading firms, brokerage houses, or similar trading platforms are strictly prohibited from participating in Mockapital’s programs. Engaging in such activities may lead to account suspension and forfeiture of any entitlements.

18. Legal Disputes and Arbitration

Any disputes arising from these Terms and Conditions shall be resolved through binding arbitration, conducted in the United Arab Emirates (Ras Al Khaimah Economic Zone) where Mockapital operates. By agreeing to these Terms, users waive their right to participate in class action lawsuits and agree to resolve disputes individually. This arbitration will be conducted under the rules of the relevant arbitration association, and any decision will be final and binding on both parties.

For any questions about these Terms and Conditions or to report a violation, please contact support@mockapital.com.

For any questions about these Terms and Conditions or to report a violation, please contact support@mockapital.com.