1. Introduction
These Terms and Conditions (“Terms”) govern the relationship between MAVEN EDU, a company incorporated under the laws of the United Arab Emirates, registered in the Dubai Integrated Economic Zones (DIEZ) Free Zone, and you (“you”, “your”, or “Client”).
MAVEN EDU provides access to an online simulated trading environment that allows participants to experience trading conditions similar to those found in real financial markets.
These Terms, together with our Privacy Policy and any notices posted on our website, form the entire agreement between you and MAVEN EDU regarding the use of our Services.
By paying for and using the Services, you agree to these Terms in full. If you do not agree, you must not access or use our Services.
2. Nature of Services
The Services provide access to a simulated trading environment (the “Simulation”) designed to assess trading ability and discipline. You acknowledge and agree that all accounts are demo accounts using virtual funds; no trades are executed in live markets; profits or losses generated are purely simulated and carry no real financial value; MAVEN EDU provides no investment advice, recommendations, or portfolio management; and the Services do not constitute regulated financial activity under UAE or international law. Your only financial risk is limited to the fee you pay for access to the Simulation. The Services are intended for educational and evaluative purposes only.
3. Company Details and Compliance
MAVEN EDU operates lawfully within the jurisdiction of the Dubai Integrated Economic Zones (DIEZ).
- Company Name: MAVEN EDU
- Registration Number: 105072496000001
- Regulatory Authority: DIEZ Free Zone
- Registered Address: DSO-IFZA, IFZA Properties, Dubai Silicon Oasis, Dubai, UAE
- Email: mavenedu@maventrading.com
MAVEN EDU complies with all applicable UAE laws, including anti-money laundering (AML) and counter-terrorist financing (CFT) regulations. Nothing in our Services or communications shall be construed as financial advice, investment solicitation, or the offering of regulated financial products.
4. Registration and Eligibility
The Services are available only to individuals aged 18 years or older with the legal capacity to enter binding agreements. Registration must be completed with accurate and current information, and you are responsible for maintaining this accuracy. We may require you to complete KYC verification, including proof of identity, address, and source of funds. Failure to do so may result in suspension or termination. You may only register one account per person. Duplicate accounts are strictly prohibited. The Services may not be accessed from jurisdictions prohibited by UAE sanctions, international trade restrictions, or MAVEN EDU’s internal policies.
5. Account Structure
MAVEN EDU offers several account types (“Accounts”), each governed by distinct trading parameters and objectives.
- Two-Step Evaluation – Requires 8% profit in Phase 1 and 5% in Phase 2; 8% maximum loss; 4% daily drawdown.
- One-Step Evaluation – Requires 8% profit target; 5% trailing loss; 3% daily drawdown.
- Instant Account – Continuous simulation; 3% trailing loss; 2% daily drawdown; 3% minimum profit for payout.
- Mini Account – 24-hour simulation; 3% minimum profit; 20% consistency score.
- Three-Step Evaluation – Three 3% profit targets; 2% daily and 3% total drawdown.
Detailed account rules and payout conditions are published on our website and may change with prior notice. Meeting evaluation criteria may qualify participants for simulated funded accounts or profit-sharing programs based on simulated performance.
MAVEN EDU reserves the right, at its sole discretion, not to reward a trader or withhold any simulated payout if it determines that trading activity breaches internal policies, demonstrates abusive or unethical behaviour, or fails to meet the spirit of the evaluation.
6. Fees and Payments
All payments must be made via approved methods, including bank transfer or cryptocurrency, as listed on our website. Fees are clearly displayed in USD. All fees are final and non-refundable once access is granted, including evaluation programs, subscriptions, and upgrades. No refunds will be issued for disqualifications, terminations, or user errors. Chargebacks or payment disputes will result in permanent account bans.
7. User Obligations and Prohibited Conduct
Users must act in good faith and trade responsibly within the simulation. The following practices are strictly prohibited: account sharing or multiple accounts, use of bots, Expert Advisors (EAs), or automated systems without prior approval, exploiting latency or server inefficiencies, hedging between accounts or reverse trading, copy trading or passing accounts to others, news trading within two minutes of major economic events (“Red Folder” events), and gambling-style trading. MAVEN EDU may terminate access without refund for violations and reserves discretion to determine abusive activity, withholding simulated payouts even if profit targets were met.
8. Data Protection and Privacy
MAVEN EDU processes personal data in accordance with UAE Federal Decree-Law No. (45) of 2021 and Free Zone data protection standards. Personal data may be used for verification, compliance, service delivery, and internal analytics. Secure systems, encryption, and restricted access protect your information. Client data is retained for at least five (5) years as required by UAE law. You may request access, correction, or deletion of your data, subject to legal requirements.
9. Intellectual Property and Licence
All platform content, software, algorithms, tools, documentation, and intellectual property are owned by MAVEN EDU or its licensors. You are granted a non-exclusive, non-transferable, revocable licence to use the platform for evaluation purposes only. Copying, modifying, distributing, reverse-engineering, or attempting to extract proprietary information is prohibited.
10. Third-Party Services
MAVEN EDU may integrate external services such as MetaTrader 5, Match Trader, or payment processors. We are not responsible for downtime or disruptions caused by third-party platforms. You must comply with all terms of third-party providers.
11. Performance Evaluation and Simulated Funding
Trading in MAVEN EDU’s Simulation is conducted with virtual funds only. Performance is assessed based on predefined metrics (profit targets, drawdowns, consistency, risk management). Traders meeting criteria may be offered simulated funded accounts or other evaluation-based benefits. MAVEN EDU reserves the right to withhold or deny simulated payouts if trading breaches rules or ethical guidelines, profitability results from manipulation, or results do not represent legitimate trading conduct. Payouts are purely simulated and hold no real financial value beyond what MAVEN EDU grants.
12. Liability and Disclaimers
The Services are provided “as is” and “as available” without warranties. MAVEN EDU is not liable for trading losses (real or simulated), platform interruptions, technical issues, third-party failures, or indirect/incident/consequential losses. Total liability shall not exceed fees paid in the preceding 30 days.
13. Termination
You may close your account at any time; fees paid are non-refundable. MAVEN EDU may suspend or terminate your account for violations, failure to complete compliance checks, prohibited trading, or for compliance/security reasons. Access ceases immediately, and simulated profits are voided. MAVEN EDU may withhold simulated payouts for terminated accounts.
14. Confidentiality and Communications
All communications with MAVEN EDU are confidential. You agree not to share, publish, or misrepresent internal communications or proprietary information. Defamatory, false, or misleading statements may result in legal action under UAE law.
15. Responsible Trading and Conduct
MAVEN EDU encourages responsible trading and prohibits reckless or manipulative behaviour. Users must trade ethically and within account rules. Violations may lead to disqualification, forfeiture of simulated profits, or permanent exclusion. MAVEN EDU may withhold rewards for unethical conduct.
16. Amendments
MAVEN EDU may modify these Terms for legal, operational, or commercial updates. Updated Terms posted on the website constitute acceptance.
17. Governing Law and Jurisdiction
These Terms are governed by UAE law. The courts of Dubai have exclusive jurisdiction over all disputes.
18. Entire Agreement
These Terms constitute the entire agreement between you and MAVEN EDU. If any provision is invalid or unenforceable, remaining provisions remain in full force.
User Acknowledgement
By registering with MAVEN EDU, you acknowledge that:
- All trading is conducted using simulated funds only;
- No investment or advisory services are offered;
- All fees paid are final and non-refundable;
- MAVEN EDU may, at its discretion, not reward the trader;
- You have read, understood, and agree to these Terms in full.