Terms of Service

Last Updated: April 1, 2026

IMPORTANT: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THE PLATFORM. BY ACCESSING OR USING THE PLATFORM, YOU AGREE TO BE BOUND BY THESE TERMS. IF YOU DO NOT AGREE, DO NOT USE THE PLATFORM.

1. Nature of the Platform — Educational Simulation

Edgemax (the "Platform") is operated by Edgemax ("Company," "we," "us," or "our") and is an educational skill-evaluation simulation product. The Platform provides users with access to a simulated trading environment that uses publicly available prediction market data as a reference data source solely for educational and skill-assessment purposes.

The Platform IS NOT and does NOT constitute:

A broker, dealer, investment advisor, exchange, or regulated financial entity of any kind

A prediction market, betting platform, or gambling operation

An investment product, financial service, or commodity trading platform

A platform where any real trades are executed on any exchange or market

A platform that accepts deposits, holds client funds, or manages investments

All trading activity on the Platform is SIMULATED. All account balances are FICTITIOUS. No real money is ever traded, invested, or placed at risk on any exchange, prediction market, or other financial platform. The Company does not receive or execute any real trading instructions on behalf of users.

2. Acceptance of Terms

By creating an account, purchasing a Challenge, or accessing any portion of the Platform, you confirm that you: (a) are at least 18 years of age; (b) have read, understood, and agree to these Terms; (c) have the legal capacity to enter into a binding agreement; and (d) are not located in a jurisdiction where access to this Platform is prohibited. These Terms constitute a legally binding agreement between you and the Company.

3. The Challenge — What You Are Purchasing

When you purchase a Challenge, you are purchasing ACCESS to educational simulation software and a skill-evaluation program. Specifically, your Challenge fee covers:

Access to the Platform's simulated trading environment for the duration of the Challenge

Access to reference market data displays powered by publicly available third-party data

Access to performance analytics, leaderboard rankings, and educational tools

Technology infrastructure, platform maintenance, and operational costs

The opportunity to demonstrate trading skill and qualify for discretionary Rewards

Your Challenge fee is NOT a deposit, investment, or purchase of any financial instrument. The simulated account balance provided to you (the "Simulated Account") has no monetary value, cannot be transferred, and exists solely within the Platform for skill-evaluation purposes.

3.1 Challenge Rules

To successfully complete a Challenge, you must meet the following parameters within your Simulated Account:

Profit Target: Achieve the specified profit target as displayed in your account dashboard

Maximum Total Loss (Trailing Drawdown): Your simulated account balance must not fall below the trailing maximum drawdown threshold at any time

Maximum Position Size: No single simulated position may exceed the maximum position size specified for your account tier

Additional rules as may be specified in your account dashboard from time to time

The Company reserves the right to modify Challenge parameters at any time with reasonable notice. Modified parameters apply to new Challenges only and do not retroactively affect active Challenges.

3.2 Leaderboard and Skill Evaluation

The Platform maintains a live Leaderboard ranking all active Challenge participants by risk-adjusted performance metrics including but not limited to: profit relative to maximum drawdown utilized, trade consistency, position sizing discipline, and overall portfolio management skill. The Leaderboard is designed to identify and recognize traders who demonstrate consistent, disciplined skill over time rather than isolated lucky outcomes. Leaderboard rankings are a core feature of the Platform and reflect genuine skill differentiation among participants.

4. Discretionary Rewards

The Company may, at its sole and absolute discretion, offer financial rewards ("Rewards") to users who successfully complete a Challenge in accordance with these Terms. You acknowledge and agree that:

Rewards are discretionary and are NOT guaranteed under any circumstances

Rewards are NOT trading profits, investment returns, wages, earnings, or compensation of any kind

Rewards represent the Company's discretionary recognition of demonstrated analytical skill and provision of valuable simulated trading data

The Company may withhold, reduce, or forfeit Rewards at its sole discretion if it determines, in its sole judgment, that a user has violated these Terms, engaged in prohibited conduct, or gamed the evaluation system

Unpaid or pending Rewards have no monetary value until actually disbursed by the Company

Rewards may be reported as miscellaneous income for tax purposes; you are solely responsible for all applicable taxes

The Company's decision regarding Rewards is final and binding. No Reward shall be paid where the Company determines, in its sole discretion, that the Challenge was completed through prohibited means, exploitation of platform mechanics, or conduct inconsistent with the spirit of genuine skill demonstration.

5. Prohibited Conduct

The following conduct is strictly prohibited and will result in immediate account termination, forfeiture of all pending Rewards, and may result in legal action:

Sharing account credentials or allowing any other person to trade on your account

Using automated trading systems, bots, scripts, or algorithmic trading tools unless explicitly permitted

Engaging in any strategy designed to exploit platform mechanics rather than demonstrate genuine trading skill

Coordinating trades with other users to manipulate leaderboard rankings or guarantee outcomes

Using insider information regarding prediction market events

Providing false information during registration or the Challenge process

Reverse engineering, scraping, or attempting to access platform data outside normal use

Any conduct that the Company determines, in its sole discretion, to be contrary to the spirit of fair skill evaluation

6. Fees and Payment

All Challenge fees are processed by our third-party payment processor. By completing a purchase, you authorize the charge of the applicable fee to your payment method. All fees are in US Dollars unless otherwise stated. The Company reserves the right to modify fee amounts with reasonable advance notice.

7. No Refund Policy

ALL CHALLENGE FEES ARE NON-REFUNDABLE. By purchasing a Challenge, you acknowledge that: (a) the Platform delivers immediate digital access upon purchase; (b) the service is fully rendered and delivered upon account activation; (c) you have read and understood these Terms prior to purchase; and (d) you expressly waive any right to a refund or chargeback except as required by applicable law.

In the event of a verified technical failure on the part of the Company that prevents access to the Platform, the Company's sole obligation is to restore access or extend the Challenge period by the duration of the verified outage. No monetary refund will be issued for technical issues.

You agree to contact the Company at support@edgemax.org to resolve any billing disputes before initiating any chargeback or dispute with your payment provider. Initiating a chargeback without first contacting Company support constitutes a material breach of these Terms and may result in permanent account termination and forfeiture of any pending Rewards.

8. Intellectual Property

All content on the Platform, including but not limited to software, design, text, graphics, data displays, leaderboard systems, and evaluation methodologies, is the exclusive property of Edgemax and is protected by applicable intellectual property laws. You are granted a limited, non-exclusive, non-transferable, revocable license to access and use the Platform solely for your personal, non-commercial use in connection with participating in a Challenge. No other rights are granted.

The prediction market data displayed on the Platform is sourced from publicly available third-party sources. The Company makes no representations regarding the accuracy, completeness, or timeliness of such data and is not affiliated with any prediction market platform or exchange.

9. Disclaimers

CFTC RULE 4.41 — HYPOTHETICAL PERFORMANCE RESULTS DISCLAIMER: HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS SHOWN IN AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

THE PLATFORM IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. THE COMPANY DOES NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF HARMFUL COMPONENTS. THE COMPANY EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

NOTHING ON THIS PLATFORM CONSTITUTES INVESTMENT ADVICE, FINANCIAL ADVICE, TRADING ADVICE, OR ANY OTHER PROFESSIONAL ADVICE OF ANY KIND. THE COMPANY IS NOT A LICENSED INVESTMENT ADVISOR, BROKER-DEALER, OR FINANCIAL PLANNER. ALL CONTENT IS FOR EDUCATIONAL AND ENTERTAINMENT PURPOSES ONLY.

10. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY AND ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AND AFFILIATES SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, LOSS OF DATA, OR LOSS OF GOODWILL, ARISING OUT OF OR RELATING TO YOUR USE OF THE PLATFORM.

THE COMPANY'S TOTAL AGGREGATE LIABILITY TO YOU FOR ANY CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR THE PLATFORM SHALL NOT EXCEED THE TOTAL CHALLENGE FEES PAID BY YOU TO THE COMPANY IN THE THIRTY (30) DAYS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM.

11. Indemnification

You agree to indemnify, defend, and hold harmless the Company and its officers, directors, employees, agents, and affiliates from and against any claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to: (a) your use of the Platform; (b) your violation of these Terms; (c) your violation of any applicable law or regulation; or (d) any misrepresentation made by you.

12. Dispute Resolution — Binding Arbitration

PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS.

Any dispute, claim, or controversy arising out of or relating to these Terms or the Platform shall be resolved by binding individual arbitration administered by JAMS under its applicable rules. YOU AGREE TO WAIVE YOUR RIGHT TO A JURY TRIAL AND YOUR RIGHT TO PARTICIPATE IN ANY CLASS ACTION LAWSUIT OR CLASS-WIDE ARBITRATION.

Arbitration shall take place in the United States. The arbitrator's decision shall be final and binding and may be entered as a judgment in any court of competent jurisdiction. Nothing in this section prevents either party from seeking injunctive or other equitable relief in a court of competent jurisdiction.

13. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the United States, without regard to conflict of law principles.

14. Modifications

The Company reserves the right to modify these Terms at any time. Material changes will be communicated via email or prominent notice on the Platform at least 14 days before taking effect. Your continued use of the Platform after the effective date of any modification constitutes your acceptance of the modified Terms.

15. Termination

The Company may suspend or terminate your account at any time, with or without cause, and with or without notice, including for any violation of these Terms. Upon termination, your right to access the Platform immediately ceases and any pending Rewards are forfeited. Provisions of these Terms that by their nature should survive termination shall survive, including Sections 4, 7, 8, 9, 10, 11, and 12.

16. Entire Agreement

These Terms, together with the Risk Disclosure, Privacy Policy, Refund Policy, and any applicable Reward Agreement, constitute the entire agreement between you and the Company regarding the Platform and supersede all prior agreements, representations, and understandings.