Terms of use

OWNIT EVALUATION TERMS AND CONDITIONS LAST UPDATED ON 7 SEPTEMBER 2026 We are OWNIT.XYZ s.r.o., a company established and existing under the laws of the Czech Republic, with its registered office at Purkyňova 2121/3, Nové Město, 110 00 Prague 1, Czech Republic, Identification No.: 298 04 892 (“we” or “OWNIT”). Our mission is to provide you with the education and tools necessary to develop skills required to be a successful trader. We have developed our ‘OWNIT Evaluation’ and the rest of our services with this goal in mind. You should read this document carefully. These OWNIT Evaluation Terms and Conditions (the “Terms”) govern the provision of, and access to, our ‘OWNIT Evaluation’ as well as analytical instruments, educational materials and other services which we will enable you to access through the website ownit.xyz (the “Website”) and which are further described in Clause 5 (Our services) (together, the “Services”). The OWNIT Evaluation Accounts are accounts for simulated trading. The activity you engage in when you submit simulated trades in your OWNIT Evaluation Account is not trading in real financial instruments. After you register on the Website you may order the OWNIT Evaluation and other Services as available (each an “Order”). When we confirm your Order a contract between you and us is concluded (each an “Agreement” and together the “Agreements”). These Terms, together with the confirmed Order, constitute the Agreement. Your agreement to these Terms is evidenced by you ticking the statement that you have read and agree with the OWNIT Evaluation Terms and Conditions when completing the Order. If you enter into an Agreement on behalf of a legal entity, you represent that you have the authority to bind that legal entity to the Agreement and, in such event, “you” and “your” will refer and apply to that company or other legal entity. Definitions of terms and abbreviations used in these Terms can be found in Clause 20 (Definitions and interpretation).

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1. Eligible customers

1.1 You are only eligible to access the Services if: 1.1.1 you are a natural person at least eighteen (18) years of age and not subject to restrictions based on your nationality or residency, as determined by the specific rules of each Restricted Jurisdiction and further detailed here on the Website; or 1.1.2 you are a legal entity and are not established or incorporated and do not have a registered office or place of business in a Restricted Jurisdiction and excluding company trusts established in any jurisdiction, provided that the beneficial owner is eligible to access the Services in accordance with Clause 1.1.1 in their individual capacity as well, and you are not subject to relevant international sanctions, in particular you are not included on sanctions lists of the European Union, the Office of Foreign Assets Control, the United Nations or the Czech Republic, you do not have a criminal record related to financial crime or terrorism, and you meet our “know your customer” or “know your business” requirements summarised here. 1.2 If you provide a business identification number, tax registration number or similar information, or if you state that you are a legal entity, you will not be considered a Consumer for the purposes of these Terms and when using the Services for the entire duration of the Agreement. 1.3 You may only access and use the Services in accordance with applicable law and these Terms. 1.4 You represent that at the time of execution of the Agreement you meet the eligibility criteria in this Clause 1 (Eligible customers). If you do not meet the eligibility criteria stated in this Clause, the Agreement is not concluded. If you cease to meet the eligibility criteria in this Clause 1 (Eligible customers) following the conclusion of the Agreement, you must notify us immediately.

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2. Services are not regulated financial services

2.1 None of the Services are subject to laws regulating the financial sector in the countries where we provide the Services. We are not regulated by the Czech National Bank or a similar authority overseeing the financial sector in other countries. As a result, you will not receive regulatory protection associated with the financial sector with respect to the Services. 2.2 None of the Services constitute financial, investment, legal or tax advice or a recommendation to buy, sell or hold any financial product or virtual or simulated asset or to engage in a particular investment strategy. 2.3 We do not give any guidance, instructions, limitations or information about how or in which manner you should perform simulated trades when using the Services or otherwise with the exception of Forbidden Trading Practices and Risk Management Rules (see Clause 7 (Rules of Simulated Trading)). Similarly, we do not accept any such guidance or instructions from you provided, however, that we may observe your simulated trades and share that information pursuant to Clause 15.3. 2.4 You should obtain independent financial, legal or tax advice regarding your specific circumstances as appropriate.

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3. Order of Services

3.1 You can make an Order after registering to create your user interface on the Website (the “User Area”). During registration, login credentials for access to the User Area (the “Profile Credentials”) will be created by (i) filling out the registration form or (ii) utilising your third-party user profile as available. The Profile Credentials will enable you to access further Services and you are responsible for their protection and for protection of access to the Services consistently with Clauses 4 (User Area and Trading Platform) and 7.2. 3.2 When completing an Order you select the amount of simulated capital (the “Initial Simulated Capital”). Unless there is a particular limitation invoked on you, the Initial Simulated Capital then determines the parameters which you must fulfil under the specific Order so that the Trading Objectives of the OWNIT Evaluation under such Order are fulfilled. The Initial Simulated Capital you select also applies to the subsequent OWNIT Account (see Clause 6 (OWNIT Trader Program)). Once you select the Initial Simulated Capital, you may not change it for that Order. More information on the Initial Simulated Capital and applicable objectives is available on the Website here. 3.3 Data entered in the Order form can be reviewed and amended until you make the Order. The Order is finalised and binding with payment obligation by submitting the Order form. 3.4 During the application process, you must provide all required information about yourself. All data which you provide to us must be complete, true, accurate, not misleading and up to date. We are under no obligation to verify the data you provide to us. You must immediately update such data in the User Area to reflect any change. You represent that you have all rights and consents necessary to provide any data to us. Fees and payment conditions 3.5 The fee for the OWNIT Evaluation (the “OWNIT Evaluation Fee”) varies according to the Initial Simulated Capital you select when completing the Order. More information on the OWNIT Evaluation Fee is available on the Website here. 3.6 Discounts and other benefits may not be combined, unless we expressly stipulate otherwise. 3.7 Payment of the OWNIT Evaluation Fee is made pursuant to individual Orders. The OWNIT Evaluation Fee is stated in USD but can be paid also in other currencies or cryptocurrencies listed on the Website. If you select any other currency than USD, the amount of OWNIT Evaluation Fee shall be converted by our rates. You acknowledge that if the payment is made in a currency other than the one you have chosen on the Website, the amount will be converted according to the exchange rates of your bank or payment services provider. 3.8 You can pay the OWNIT Evaluation Fee via payment means offered on the Website at the time of payment. The fee is considered paid when the required amount is credited to our account. If you do not pay the due amount on time, we are entitled to cancel your Order. You are responsible for all fees charged to you by us or the selected payment service provider (according to the valid price list of the payment service provider) in connection with the transaction and you must ensure that the OWNIT Evaluation Fee according to the individual Order is paid in full. 3.9 The OWNIT Evaluation Fee is inclusive of value added tax (VAT) or sales tax that we are obliged to pay or withhold with respect to the receipt of the OWNIT Evaluation Fee in accordance with applicable tax laws and regulations. Nevertheless, you should consult your own tax advisor regarding what your tax obligations are in connection with the use of the Services in accordance with applicable laws and regulations. We have no responsibility for your personal or business tax liabilities. 3.10 You will be granted access to your OWNIT Evaluation on the Trading Platform after we receive the payment of the OWNIT Evaluation Fee or without undue delay if no payment is required. Your invoice will be made available in the User Area within the time period set out by applicable law, usually up to fourteen (14) calendar days. 3.11 In case we adopted measures to prevent you from using our services in the past and have now agreed to lift these measures, we may require you to pay our related expenses. 3.12 Unless expressly agreed otherwise, once paid, you are not entitled to a refund of the OWNIT Evaluation Fee under any circumstances. Number of Orders 3.13 Subject to Clause 3.14, you can place multiple Orders and each Order, once complete, constitutes a separate Agreement. 3.14 We reserve the right to limit the total number of Orders you can make: 3.14.1 The total number of Orders may be limited in aggregate in case other clients connected to you are using the Services, specifically, if you are (i) the ultimate beneficial owner of such client, (ii) a member of top management or another body with the highest executive authority of such client, or (iii) an employee or officer of such client. 3.14.2 If, at our discretion and acting reasonably, we determine that you place an unusually large number of Orders, we may notify you through the User Area as a protective precaution to mitigate potentially harmful behaviour. If the behaviour continues after such notice, we reserve the right to suspend any further Orders by you or invoke a cool-down period. If we identify that such unusual behaviour relates to your involvement in Forbidden Trading Practices, we may take any of the respective actions set out in Clauses 7 (Rules of Simulated Trading), 10 (Breach of these Terms) and 12 (Duration and termination of the Agreement). We reserve the right to determine, at our own discretion, the nature of the behaviour described above and reasonable boundaries for such determination. 3.15 Unless we grant you an exception, the Initial Simulated Capital may not be transferred between products (individual Orders) or mutually combined. You may also not transfer or combine your performance, Service parameters, data, or any other information between the products (individual Orders).

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4. User Area and Trading Platform

4.1 Access to all Services will be through the User Area, or by the provision of access to applications provided by us or third parties. 4.2 You can have only one User Area and all of the Services you order must be maintained in this User Area. 4.3 Access to the User Area and the Trading Platform is protected by the Profile Credentials which you must not share with any third party. 4.4 You are responsible for all activities that are performed through the User Area or Trading Platform or otherwise using your Profile Credentials. 4.5 You may request cancellation of the User Area at any time by sending an email to us. This right survives the termination of the Agreement. Sending a request for the cancellation of the User Area is considered a termination of all Agreements concluded between you and us under Clause 12.2.4 resulting in you being no longer entitled to use the Services and accessing the User Area and the Trading Platform. In such a case, you are not entitled to any refund of any fees already paid or costs otherwise incurred. 4.6 If you previously had a User Area which was cancelled and you would like to create a new User Area, you can send an email request to us. However, we are under no obligation to accommodate such requests and will do so at our sole discretion. 4.7 The Services may be temporarily unavailable due to, among other things, maintenance and upgrades. You are obliged to regularly follow our updates available here regarding maintenance, holidays and other developments impacting trading hours and availability of the Services. We generally release updates weekly or as needed in case of urgent matters. 4.8 In order to use the Services, you must possess appropriate technical equipment and software, including third-party software, at your own risk and expense. A limited license to certain software is provided by us or a member of the OWNIT Group (see Clause 8 (Use of the Website, Services and other Content)). The Services are compatible and interoperable with technical and software equipment normally used with services of this type. The Website is accessible from the most commonly used web browsers. Internet access, purchase of the equipment, and purchase of the web browser and its updates are at your own risk and expense. We do not warrant or guarantee that the Services will be compatible with any specific equipment or software. 4.9 The operators of any third-party software, applications or programs which you use to access the Services are persons or entities distinct from us and such third parties’ own terms and conditions and privacy policies will apply when you use their services and products. Before you make an Order, you should read such terms and conditions and privacy policies. By using a Trading Platform or other third-party software, you agree to those third-party terms and conditions. We will have no responsibility or liability to you in connection with your use of, or interaction with, any third-party software including a Trading Platform.

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5. Our services

5.1 The main purpose of our services is to provide you with an educational experience to help you develop your skills as a trader as well as to evaluate your performance. For this purpose, after registration on the Website, you may access the Trading Platform on which you may perform simulated trading (“Simulated Trading”) as described below. 5.2 Simulated Trading simulates trading on financial markets. Information and market data (price quotes) from real financial markets based on information obtained from our liquidity providers is used in Simulated Trading only to reproduce market conditions. No actual trading is taking place and there is no execution of trades in financial markets. 5.3 You acknowledge that: 5.3.1 Simulated Trading is purely fictional, meaning that the trades are simulated and not in real financial instruments; 5.3.2 the amount shown as capital in your simulated account at any point is simulated in nature, does not represent any deposit of funds and has no monetary value; 5.3.3 you will not be paid any remuneration or profits based on the results of your Simulated Trading in the OWNIT Evaluation; and 5.3.4 to make your Simulated Trading as realistic as possible, we will apply estimated trading costs such as commissions and fees and factor these into your profit and loss calculations. This includes, among others, the currency conversion adjustment: where the profit or loss of a position is denominated in a currency different from the simulated account’s denomination currency, a flat adjustment fee of 0.7% from the realised profit and loss at the moment the position is closed will be applied. The adjustment reduces a realised profit and increases a realised loss accordingly. The adjustment is applied only once the profit and loss is realised. 5.4 You may participate in the Simulated Trading via the OWNIT Evaluation. 5.5 As part of the Simulated Trading, you have access to the following services: 5.5.1 analytical tools and educational materials; 5.5.2 access to the User Area; and 5.5.3 other ancillary services, in particular, through the User Area or by accessing applications provided by us or third parties. 5.6 We reserve the right to modify, change, replace, add, or remove any elements and functions of the Services at any time without being obliged to pay you any compensation.

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5.7 OWNIT Evaluation

5.7.1 Passing the OWNIT Evaluation is a prerequisite to you applying for an OWNIT Account and becoming a participant of the OWNIT Trader Program (see Clause 6 (OWNIT Trader Program) for more information). 5.7.2 During the OWNIT Evaluation your performance is measured against the Trading Objectives. 5.7.3 You activate the OWNIT Evaluation by opening the first simulated trade on the Trading Platform. If you do not activate the OWNIT Evaluation within thirty (30) calendar days of the date on which it was made available to you, your access to such OWNIT Evaluation will be suspended. You can request renewal of your access within six (6) months of the initial suspension, otherwise we will terminate the Agreement without any right to a refund of the OWNIT Evaluation Fee. 5.7.4 In order for you to successfully pass the OWNIT Evaluation, you must: (a) fulfil all of the Trading Objectives listed here; (b) not violate these Terms, in particular the rules of Simulated Trading (see Clause 7 (Rules of Simulated Trading)) during the OWNIT Evaluation; and (c) procure that the aggregate amount of the Initial Simulated Capital on all accounts held by you or parties affiliated with you, individually or in combination, (i) on all accounts with us does not exceed USD 100,000, or (ii) does not exceed USD 400,000 on all accounts with us and members of the OWNIT Group. 5.7.5 We have no obligation to evaluate the OWNIT Evaluation if you have not closed all simulated trades and pending orders. 5.7.6 Once we evaluate the OWNIT Evaluation as successful, we will recommend you as a candidate for the OWNIT Trader Program. This does not guarantee your acceptance into the OWNIT Trader Program. For more information about becoming a participant of the OWNIT Trader Program see Clause 6 (OWNIT Trader Program). 5.7.7 If any of the conditions under Clause 5.7.4 is breached, we will evaluate the OWNIT Evaluation as unsuccessful.

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6. OWNIT Trader Program

6.1 If you successfully complete the OWNIT Evaluation, we may offer you a contract to participate in the OWNIT Trader Program (the “OWNIT Trader Program”) governed by the OWNIT Account Terms and Conditions whereby you gain access to the OWNIT Account and may receive a reward for the data you generate in your OWNIT Account. 6.2 The offer may be time-limited. Successfully completing the OWNIT Evaluation does not guarantee your acceptance into the OWNIT Trader Program. The OWNIT Trader Program is governed by a separate agreement between you and us and you will be advised to read those documents carefully before agreeing to be bound by the terms and conditions. 6.3 You agree that the OWNIT Trader Program may not be available to you in case (a) providing an account under this program would result in you exceeding USD 100,000 (or its equivalent in another currency) as the maximum total sum of the Initial Simulated Capital under all Agreements and the OWNIT Trader Program or (b) information provided for “know your customer”, “know your business” or similar identification procedures was found to be incorrect, invalid, misleading or falsified. The total sum of the Initial Simulated Capital is calculated in aggregate per client, per strategy and per ultimate beneficial owner or executive of another client or legal entity.

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7. Rules of Simulated Trading

7.1 During Simulated Trading, you may perform simulated trades unless these constitute Forbidden Trading Practices. In addition, you must follow good market practice and market standard risk management rules for trading in financial markets set out in Clauses 7.4 and 7.5 (the “Risk Management Rules”). These rules ensure that your simulated trades are replicable with the same or highly similar execution conditions in typical market behaviour and are not designed to circumvent, or ‘game’, our offering. Restrictions may also be imposed by third parties who provide the Trading Platform or the trading conditions of the Trading Platform that you select in the Order. 7.2 You agree that the Services are for your personal use only and that only you personally can access the Services and perform simulated trades. This means that you will not, in particular: 7.2.1 allow access to Simulated Trading on any of your OWNIT Evaluation Accounts or data related thereto by any third party nor engage or cooperate with any third party in order to have such third party perform simulated trades for you or in coordination with you; 7.2.2 access OWNIT Evaluation Accounts of any other person, simulated trade on behalf of any other person or in coordination with such person or perform any account management or similar services, where you agree to make simulated trades, operate or manage the OWNIT Evaluation Accounts on behalf of any other person, whether performed as a professional or otherwise; and 7.2.3 if you are a legal entity, share access to the Services, including the Trading Platform, with your employees except members of top management or another body with the highest executive authority. Forbidden Trading Practices 7.3 You must not engage in any Simulated Trading which involves Forbidden Trading Practices. A list of Forbidden Trading Practices is available here. You must familiarise yourself with the Forbidden Trading Practices. We reserve the right to determine, at our own discretion, whether certain simulated trades, practices, strategies, or situations qualify as or fall within a Forbidden Trading Practice. We may update the list of Forbidden Trading Practices from time to time. We may also impose restrictions on the use of the Trading Platform from time to time if we reasonably suspect that your Simulated Trading involves a Forbidden Trading Practice. Risk Management Rules 7.4 A fundamental aspect of our mission is to educate traders and enhance their skills to cultivate responsible trading habits. We strive to maintain a secure environment for traders to engage in Simulated Trading and we retain the discretion to implement any measures we consider appropriate to prevent activities we deem analogous to gambling, unsafe for the continuation of the business or to prevent any other conduct that we, at our sole discretion, regard as misaligned with our mission and values. 7.5 When using the Services you must abide by market standard risk management rules for trading on financial markets. These are defined by us at our discretion, acting reasonably, to ensure that activity is not designed to circumvent our rules and amounts to genuine Simulated Trading strategies. Genuine strategies are strategies using risk management rules a reasonable person would apply when trading on financial markets with their own money. Market standard risk management rules include, as an example, avoiding: 7.5.1 opening substantially larger position sizes compared to your other simulated trades, on any of your accounts; 7.5.2 opening substantially smaller or larger number of positions compared to your other simulated trades, regardless of which of your accounts are concerned; and 7.5.3 undertaking repeated simulated trading activity that results in higher Risk per Trade Idea, thereby exposing your simulated account to cumulative exposure in a specific symbol or correlated symbols. Consequences of Forbidden Trading Practices and breach of Risk Management Rules 7.6 If, acting reasonably, we determine that you have engaged in Simulated Trading which involves Forbidden Trading Practices or breach of the Risk Management Rules, we may, at our sole discretion: 7.6.1 consider it a failure to meet the Trading Objectives; 7.6.2 cancel, consolidate or reclassify one or more of your simulated trades or remove any transactions that violate the Rules of Simulated Trading from your trading history and/or not count their results in the profits and/or losses achieved in the Simulated Trading; 7.6.3 immediately cancel all Services provided to you, including access to the User Area and the Trading Platform, and subsequently terminate any Agreements concluded with you with immediate effect pursuant to Clause 12.2.2; 7.6.4 take applicable steps under the OWNIT Account Terms and Conditions in respect of any OWNIT Accounts you may have, including cancellation of all of your OWNIT Accounts or rewards thereunder and termination of the respective agreements; 7.6.5 reduce the offered leverage on any or all your accounts/ simulated trades; 7.6.6 enforce the limitation on Risk per Trade Idea to the maximum limit we determine, acting reasonably, as a percentage of the Initial Simulated Capital, which must not be exceeded in terms of realised or unrealised loss (drawdown) on any single simulated trade or combination of simulated trades out of one trade idea; 7.6.7 enforce a limitation on the volume of any specific symbol or asset class when simulated trading; 7.6.8 impose restrictions on the use of the Trading Platform; and 7.6.9 introduce any other additional measures we deem necessary, advisable or adequate in order to ensure your Simulated Trading activity reflects long-term sustainability and is not aimed at the mere exploitation of our model including temporary or permanent consistency measures. 7.7 We will endeavour to notify you of any action we take. However, we are not required to notify you before taking such action. 7.8 If some or all Forbidden Trading Practices are executed on one or more of your OWNIT Evaluation Accounts, or accounts of various related customers, or by combining trading through OWNIT Evaluation Accounts and OWNIT Accounts, then we are entitled to cancel all Services and terminate all Agreements relating to all OWNIT Evaluation Accounts you have, with immediate effect, and apply other measures in Clause 7.6 in respect of all such involved accounts with us. 7.9 We are not obliged to provide you with any compensation if we take any action against you in accordance with this Clause 7 (Rules of Simulated Trading). You are also not entitled to any refund of the OWNIT Evaluation Fee. In addition, we may adopt measures to prevent you from using our services in the future.

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8. Use of the Website, Services and other Content

8.1 All Content is subject to legal protection pursuant to copyright laws and other laws and regulations and is our or our licensor’s property. We grant you a limited, non-exclusive, non-transferable, non-assignable, non-passable, and revocable permission to use the Content for the purpose of using the Services for your personal use and in accordance with these Terms. The Content is not sold or otherwise transferred to you and remains our property or our licensor’s property. Any misuse of our or our licensor’s property will result in termination of the Agreement pursuant to Clause 12 (Duration and termination of the Agreement) and misuse of our licensor’s property will also subject you to liability under applicable law outside the terms of the Agreement. 8.2 All trademarks, logos, trade names, and other designations displayed on, through or in connection with the Services are our property or our licensor’s property, and we do not grant you any authorisation to use them. 8.3 Except for the rights expressly set out in these Terms, we do not grant you any other rights relating to the Services and the Content. You may only use the Services and the Content as expressly permitted in these Terms. 8.4 When accessing the Services and the Content you agree that you will not: 8.4.1 use any tools that may adversely affect the operation of the Website, the Services or the Content, or that would be intended to take advantage of errors, bugs or other deficiencies of the Website, the Services or the Content; 8.4.2 circumvent geographical restrictions of availability or any other technical restrictions; 8.4.3 make copies or back-ups of the Website, the Services or the Content; 8.4.4 reverse-engineer, decompile, disassemble or otherwise modify the Website, the Services or the Content; 8.4.5 sell, rent, lend, license, distribute, reproduce, spread, stream, broadcast or use the Website, the Services or the Content otherwise than as expressly permitted in these Terms; 8.4.6 use automated means to view, display or collect information available through the Website, the Services or the Content; or 8.4.7 use any other tools or means the use of which could cause any damage to us, the Website, the Services or the Content. 8.5 You must inform us if you use the same payment channel or payment component details, such as debit or credit card, external wallet or crypto address, or the same device (such as computer, mobile phone or tablet) for accessing the Services with any other user of our Services.

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9. Disclaimer and indemnification

9.1 The Services, the Website and the Content are provided “as is” and we hereby disclaim, to the fullest extent permitted by law, any statutory, contractual, express and implied warranties of any kind, including any warranty of quality, merchantability, fitness for a particular purpose or non-infringement of any rights. We do not provide any guarantee for the quality of the Services and we make no express or implied representations that the Services, including the Trading Platform and the Website, will meet your or any other person’s requirements, be compatible with any software, system or other services, accurate, complete, free of errors or fully accessible at all times. 9.2 To the fullest extent permitted by law, we are not responsible for: 9.2.1 any harm, including any direct, indirect or consequential damage, including lost income or profit, loss of data, personal or other non-monetary harm, or property damage caused as a result of use of the Services or reliance on any instrument, functionality, information or any other content available in connection with the use of the Services or elsewhere on the Website; 9.2.2 our failure to provide the Services if that failure occurs due to technical or operational reasons beyond our control, in the case of any crisis or imminent crisis, natural disaster, war, insurrection, pandemic, a threat to a large number of people or other force majeure events, or if we are prevented from providing the Services as a result of any obligations imposed by law or a decision of a court or tribunal or public authority with competent jurisdiction over us; 9.2.3 any products, services, applications or other third-party content that you use in connection with the Services and we do not make any express or implied representations as to the compatibility of the Services with any such third-party content; 9.2.4 the Trading Platform and any information displayed on the Trading Platform, all of which is provided by a third party, or for any interruptions, delays or inaccuracies in the market or statistical data displayed through the Trading Platform or the instruments accessible within the Services or otherwise in connection with the Trading Platform; and 9.2.5 trading or other investment activities performed by you outside of your relationship with us, for example by using data or other information from the User Area, Trading Platform, or otherwise related to the Services in real trading on financial markets. 9.3 In case our liability is inferred in connection with the operation of the Website or provision of the Services by a court or tribunal or any other public authority with competent jurisdiction over us, this liability will be limited to the amount corresponding to the OWNIT Evaluation Fee you have paid for the Services in connection with which you have incurred the loss. 9.4 Nothing in these Terms is intended to exclude, restrict or modify the application of any implied condition or warranty, any provision, the exercise of any right or remedy, or the imposition of any liability under the Czech consumer law provisions or any other statute where to do so would contravene that statute; or cause any provision of these Terms to be void. 9.5 You shall indemnify, hold harmless, and, at our option, defend us from and against any and all losses, damages, liabilities and costs (including reasonable attorneys’ fees) resulting from any third-party claim, suit, action or proceeding (“Third-Party Claim”) that the Services or the Website, or any use thereof, infringes or misappropriates such third party’s intellectual property rights or other proprietary rights and any Third-Party Claims based on your (i) negligence or wilful misconduct; (ii) use of the Services or the Website in a manner not authorised by these Terms; (iii) use of the Services or the Website in combination with data, software, hardware, equipment, or technology not provided by us or authorised by us in writing; or (iv) modifications to the Services or the Website not made by us, provided that you may not settle any Third-Party Claim against us unless we consent to such settlement, and further provided that we will have the right, at our option, to defend ourselves against any such Third-Party Claim or to participate in the defence thereof by counsel of our own choice. To the fullest extent permitted by law, the indemnity provided in this Clause 9.5 shall survive the termination of the Agreement.

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10. Breach of these Terms

10.1 We may prevent you from ordering further Services and restrict your access to existing Services, including to the User Area and the Trading Platform, without any prior notice, if you breach any provision of these Terms. If you breach Clauses 1 (Eligible customers), 3.4, 7 (Rules of Simulated Trading) or 8 (Use of the Website, Services and other Content) or act in a manner that may damage our reputation, including after termination of this Agreement, we will terminate one or more Agreements and you will lose access to the Services. In addition, we may adopt measures to prevent you from using our services in the future. 10.2 We are not obliged to provide you with any compensation in the cases set out in Clause 10.1.

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11. Right to withdraw from the Agreement

11.1 If you are a Consumer, you have the right to withdraw from the Agreement relating to an individual Order without giving a reason during a fourteen (14) calendar-day period following the execution of such Agreement. However, with respect to the OWNIT Evaluation, you may not withdraw from the Agreement after you start using the Service purchased under the respective Order. Therefore, your withdrawal right applies only before you open your first simulated trade on the Trading Platform and activate the OWNIT Evaluation purchased by such Order. Consequently, when you open the first simulated trade on the Trading Platform during the fourteen (14) calendar-day period following the execution of the Agreement, you thus express your consent that the Services under the particular Order are to be provided in full and will cause you to lose your right to withdraw from the Agreement. If you wish to retain your right to withdraw from the Agreement, please avoid opening your first simulated trade on the Trading Platform during the fourteen (14) calendar-day period after conclusion of the Agreement. 11.2 You must send the withdrawal from the Agreement to us by email within the specified time limit. You can use the template form available here. We will confirm receipt of the form without undue delay. We will refund the OWNIT Evaluation Fee and any other payment you made to us in connection with the respective Order no later than fourteen (14) calendar days after withdrawal from the Agreement in the same manner in which you made the payment.

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12. Duration and termination of the Agreement

12.1 The Agreement is concluded for a definite period until the OWNIT Evaluation is successfully passed or failed in accordance with Clause 5 (Our services). 12.2 The Agreement may be terminated early in the following cases: 12.2.1 The Agreement terminates automatically and with immediate effect: (a) in case you reject a Modification as set out in Clause 14.1; (b) upon your death or, in case of legal entities, a filing for bankruptcy, winding-up, dissolution or liquidation; or (c) if your registration on the Website is duplicative. 12.2.2 We may terminate the Agreement with immediate effect: (a) if you do not meet the criteria set out in Clause 1 (Eligible customers); (b) if you do not pay the OWNIT Evaluation Fee as set out in Clause 3 (Order of Services); (c) due to your inactivity as set out in Clause 5.7.3; (d) if you breach the rules regarding personal use of the Services set out in Clause 7.2, including under the OWNIT Account Terms and Conditions, as determined by us before or during your participation in the OWNIT Trader Program; (e) if access to the User Area is terminated; (f) if you engage in Forbidden Trading Practices as set out in Clauses 7.6 to 7.9, including on any OWNIT Account; (g) if we determine, acting reasonably, that the provision of Services under the Agreement would adversely affect our ability to comply with our legal obligations or orders or decisions of any court, tribunal or public authority; (h) as a result of your breach of these Terms as set out in Clause 10 (Breach of these Terms); or (i) as a result of a change to these Terms as set out in Clause 14 (Changes to these Terms). 12.2.3 In addition, we reserve the right to terminate the Agreement with you in respect of an OWNIT Evaluation Account in case of your prolonged inactivity. Prolonged inactivity is when: (a) you do not open at least one simulated trade on the Trading Platform for a period of ninety (90) consecutive calendar days; or (b) you maintain a loss in the OWNIT Evaluation Account in the amount between 8% and 10% (included) of the Initial Simulated Capital for a period longer than ninety (90) calendar days, whereas (i) performing simulated trades designed to circumvent this rule will be deemed to fulfil this condition and (ii) circumventing means performing simulated trades not consistent with your previous Simulated Trading pattern. 12.2.4 Either party may terminate the Agreement without cause by serving a written notice at least five (5) business days in advance on the other party. 12.3 If the Agreement is terminated, all Services provided under such Agreement are terminated. 12.4 Notwithstanding any other provision of these Terms, the following Clauses will survive the termination of the Agreement: 8 (Use of the Website, Services and other Content); 9 (Disclaimer and indemnification); and 15 (Your personal information and Simulated Trading information). 12.5 We are not obliged to provide you with any compensation if we exercise our rights set out in Clause 12.2.

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13. Technical issues, defective performance and complaints

13.1 If you encounter any technical issue or defect of the Services you agree to report it to us at your earliest convenience by using the forms available here or contacting us using the methods listed here with the account identified and a description of the issue including the date and time. In case you proceed to perform new simulated trades after observing a technical issue without receiving a response from our team, you may be deemed fully responsible for the outcome of such simulated trades, even if these were affected by the identified technical issue. You acknowledge that we use tools utilising artificial intelligence for various tasks related to the Services, including by our technical support team. 13.2 If the Services do not correspond to what was agreed or the Services have not been provided to you, you can exercise your rights from defective performance. When exercising the rights from defective performance, you may only request that we remedy the defect or provide you with a reasonable discount. If the defect cannot be remedied, you can withdraw from each affected Agreement or claim a reasonable discount. 13.3 If you have any complaints or suggestions, we will be happy to discuss them directly with you. You can file a complaint by sending an email to us. We will try to resolve any complaint you lodge as soon as possible, however no later than within thirty (30) calendar days, and we will confirm its receipt and settlement to you in writing. If we do not deal with the complaint in time, in case you are a Consumer who is an EU resident you have the right to withdraw from the relevant Agreement or claim a reasonable discount. Acting reasonably, we are entitled to stop providing any of the Services to you and to refuse any future provision of any Services if you lodge a complaint regarding the fee paid which we deem to be unjustifiable or if you dispute the OWNIT Evaluation Fee with your bank or payment service provider (for example through chargeback services, dispute services, or similar), on the basis of which an annulment, cancellation or refund of the fee or any part thereof is requested.

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14. Changes to these Terms

14.1 We may amend these Terms in the future (each such amendment a “Modification”). We will send you a notice of any Modification at least seven (7) calendar days before the change in the Terms is effective, via the User Area or by email. Your continued use of the Services will constitute acceptance of the Modification. If you do not agree with the Modification, you are entitled to reject it by email no later than on the last business day before such changes take effect. In such a case, all Agreements will be automatically terminated. We are not obliged to pay any compensation to you in case of any Modification. 14.2 If the Modification offers you a new service or other additional functionalities or this change is solely to your advantage, we can inform you about this change less than seven (7) calendar days before the effective date of such change, but no later than the day before its effectiveness. 14.3 We may amend these Terms to, among other things: 14.3.1 introduce new services or products or amend existing services or products; 14.3.2 reflect legal or regulatory requirements applicable to us or the Services; 14.3.3 make these Terms easier to understand and more helpful; 14.3.4 adjust the way our services are provided, particularly due to technological developments or changes in background processes; or 14.3.5 reflect changes in the cost of offering the Services.

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15. Your personal information and Simulated Trading information

15.1 When providing the Services we will process your personal data in accordance with the Privacy Policy which may be updated from time to time. 15.2 If you are a legal entity we may collect personal data with respect to your employees, officers or representatives from you. In such a case, you represent that you have authority to provide such information to us and have provided them with our Privacy Policy. 15.3 You acknowledge that while providing the Services we have access to information about simulated trades that you perform on the Trading Platform. You consent to us sharing this information with other members of the OWNIT Group, and to us and other members of the OWNIT Group using this information including, without limitation, in connection with our or their trading in financial products or to improve our or their services, at our or their sole discretion, or processing and analysing this information, including by automated means. The information about simulated trades that you perform on the Trading Platform, which we share, use, process or analyse pursuant to the preceding sentence, is always anonymised. You agree that these activities may be performed automatically without any further consent or consultation on your part. You agree that you have no right or entitlement to any benefit in connection with the use of such data by us or another member of the OWNIT Group, and that we are not obliged to provide you with any information relating to our specific use of such information. Your consent survives the termination of the Agreement. 15.4 The termination of the Agreement does not affect the processing and use of any personal data or Simulated Trading information obtained prior to termination.

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16. Out-of-court consumer dispute resolution

16.1 This Clause 16.1 applies only to a Consumer who is an EU resident. The Czech Trade Inspection Authority (in Czech, Česká obchodní inspekce), with its registered office at Štěpánská 567/15, 120 00 Prague 2, Czech Republic, Identification No.: 000 20 869, website: https://www.coi.cz/en/information-about-adr/, is responsible for out-of-court settlement of consumer disputes. You can also use the platform at the following website to resolve disputes online: https://www.ec.europa.eu/consumers/odr. Such disputes may be initiated provided that you and we did not manage to resolve the dispute directly. The proceedings may be commenced only within one year after you contacted us with respect to the disputed right for the first time.

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17. Governing law and jurisdiction

17.1 The Agreement, including these Terms, and any Services provided thereunder and any non-contractual obligations arising under the Agreement are governed by the laws of the Czech Republic. 17.2 Without prejudice to Clause 16 (Out-of-court consumer dispute resolution), the courts in the Czech Republic have local jurisdiction to settle any dispute arising under or in connection with the Agreement (including a dispute relating to the existence, validity or termination of the Agreement).

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18. Communication and notices

18.1 We will generally communicate with you, and give you notices in connection with the provision of the Services, electronically via the User Area or, where you have provided an email address with us, we may also use that email address. You may not change the email address or crypto wallet address after registration. You consent to us providing any notices or documents which we are required to provide to you under applicable law in this manner. Such communication is considered written communication and delivered when we have sent it to your registered email address or when it has been added to the User Area. You are responsible for ensuring that your email address is accessible to you for the purpose of receiving communications from us. 18.2 Please use the methods listed here for all communication regarding this Agreement or the Services. In case of any technical issues or defects of the Services you may use the forms available here. We will consider a notice or communication to be received when it is actually delivered to our designated email address or through the other specified communication forms.

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19. General

19.1 We have not adopted any consumer code of conduct. 19.2 The Agreement is concluded in the English language. By entering into the Agreement and accepting the Services, you confirm that you understand the English language and agree to communicate with us in the English language for all purposes arising under the Agreement including with respect to submitting and resolving any issues you raise. 19.3 We archive the Agreement in electronic form. A copy of the Agreement, including these Terms and your Orders, is available in the User Area. 19.4 The Agreement, together with any other documents incorporated herein by reference, constitutes the sole and entire agreement between you and us with respect to the subject matter of this Agreement and supersedes all prior and contemporaneous understandings, agreements, and representations and warranties, both written and oral, whether express or implied, with respect to such subject matter. In the event of a conflict between the wording of the main text of these Terms and any document referred to in these Terms, the main text of these Terms shall prevail. 19.5 You agree that we may assign or transfer the Agreement, any part thereof or any individual obligations or any individual rights arising therefrom to a third party. We may also agree with a third party on any assumption of our debts and obligations under the Agreement at any time and at our sole discretion. You may not transfer the Agreement, any part thereof or any individual obligations or any individual rights arising therefrom to a third party without our prior written consent. 19.6 If at any time any provision of the Agreement is or becomes void, illegal, invalid, ineffective or unenforceable in any respect, it will not affect the validity, effectiveness and enforceability of the remaining provisions of the Agreement. Any such void, illegal, invalid, ineffective or unenforceable provision of the Agreement will be replaced by incorporation of a provision which best achieves the commercial effect that we intended thereby, and is valid, effective and enforceable. 19.7 In no event shall we be liable to you, or be deemed to have breached this Agreement, for any failure or delay in performing our obligations under this Agreement, if and to the extent such failure or delay is caused by any circumstances beyond our reasonable control, including but not limited to acts of God, flood, fire, earthquake, explosion, war, terrorism, invasion, riot or other civil unrest, strikes, labour stoppages or slowdowns or other industrial disturbances, or passage of a law or any action taken by a governmental or public authority, including imposing an embargo. 19.8 No past or future practice established between the parties and no custom maintained in general or in the industry relating to the subject-matter of the performance, which is not expressly referred to in the Agreement, will be applied and no rights and obligations will be derived from them for the parties. In addition, they will not be taken into account in the interpretation of manifestations of the will of the parties. 19.9 Each of us acknowledges and agrees that a breach or threatened breach by such party of any of its obligations under Clause 8.4 would cause the other party irreparable harm for which monetary damages would not be an adequate remedy and agrees that, in the event of such breach or threatened breach, the other party will be entitled to an injunction, specific performance, and any other relief that may be available from any court. Such remedies are not exclusive and are in addition to all other remedies that may be available at law, in equity, or otherwise. 19.10 No failure to exercise, or any delay in exercising, on our part, any right under the Agreement will operate as a waiver, nor will any single or partial exercise of any right prevent any further or other exercise or the exercise of any other right. 19.11 Both you and we undertake to act in accordance with the principles of fair dealing in the performance of the Agreement and in mutual negotiations and, in particular, not to damage each other’s reputation and legitimate interests. You and we will work in good faith to resolve any possible disagreements or disputes in accordance with the Agreement and applicable law. 19.12 Prior to the conclusion of the Agreement and acceptance of the Terms, both parties to the Agreement have carefully assessed the possible risks arising from them and accept those risks.

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20. Definitions and interpretation

20.1 In these Terms, the following terms have the meaning set out below: “Agreement” means the contract between you and us which is concluded when we confirm your Order as set out in the introductory provisions to these Terms. “Consumer” means any natural person who is acting for purposes which are outside their trade, business, craft, or profession. “Content” means the Website and all the Services, including the User Area, their appearance and all applications, data, information, multimedia elements such as texts, drawings, graphics, design, icons, images, audio and video samples and other content that may form the Services, and includes any such content located on social networks of us or any other member of the OWNIT Group. “Forbidden Trading Practices” means trading practices, strategies or situations specified on the Website, as updated from time to time which are strictly forbidden while using our services and which are more detailed in Clause 7.3. “Initial Simulated Capital” means a simulated amount that you have chosen when completing the Order and which you will use to perform Simulated Trading. “Modification” means our right to modify, change, replace, add, or remove any elements and functions of the Services at any time by an amendment to these Terms as set out in Clause 14 (Changes to these Terms). “OWNIT Account” means an account for Simulated Trading which relates to the OWNIT Trader Program provided by us. “OWNIT Evaluation” means the Service described in Clause 5.7 (OWNIT Evaluation). “OWNIT Evaluation Account” means the simulated trading account related to the OWNIT Evaluation. “OWNIT Evaluation Fee” means the fee for the OWNIT Evaluation which varies according to the Initial Simulated Capital. “OWNIT Group” means OWNIT and its affiliates. “OWNIT Trader Program” means the program offered by us governed by the OWNIT Account Terms and Conditions whereby you gain access to the OWNIT Account and may receive a reward for the data you generate in your OWNIT Account. “Order” means an order of the OWNIT Evaluation and other Services which you make on the Website by completing and submitting the relevant form. “Profile Credentials” means the login credentials for access to the User Area created during registration. “Restricted Jurisdictions” means the countries where we do not provide the Services and from which we do not accept citizens or residents as customers as determined by us at our discretion. The current list is available here and may be updated from time to time. “Risk Management Rules” means good market standard rules and practices for trading on financial markets set out in Clauses 7.4 and 7.5. “Risk per Trade Idea” means the total exposure in a specific symbol (or correlated symbols) on your account during a given moment or within a specific time period, measured as a percentage of your Initial Simulated Capital, whereas the associated risk is determined by the maximum drawdown of realised or unrealised loss of the positions linked to the same trade idea. “Services” means our services which we enable you to access through the Website and which are further described in Clause 5 (Our services). “Simulated Trading” means activity that simulates trading on financial markets you perform on the Website, in which information and market data (price quotes) from real financial markets based on information obtained from our liquidity providers is used only to reproduce market conditions, no actual trading is taking place and there is no execution of trades in financial markets. Also referred to as ‘demo trading’ in marketing materials and the Website. “Terms” means these OWNIT Evaluation Terms and Conditions. “Trading Objectives” means the requirements that we set and that you must meet before you can pass the OWNIT Evaluation to become eligible as a participant of the OWNIT Trader Program. They are set out on the Website and may be updated from time to time. “Trading Platform” means an electronic interface provided by a third party in which you perform the Simulated Trading. “User Area” means the user interface located on the Website. Also referred to as the ‘Client Area’ in marketing materials and the Website. “we” means OWNIT. “Website” means the website ownit.xyz. 20.2 If we use a currency in these Terms, the equivalent in a different currency applies as well.