Explore our Terms & Conditions

Welcome to CODEVIL IT ENGINEERING LIMITED, a company duly incorporated in Ireland, with registration number 680139, having its registered office at 2c, Grangegorman Lower, Smithfield, Dublin, Ireland, D07A433, doing business as SabioTrade (the “Company”). The Company provides you (“you” or the “User”) with a limited license to use the services (the “Services”) offered by the Company subject to the terms and conditions contained herein (the “Agreement”).

This Agreement is a legally binding contract, and you have a duty to read this Agreement before accessing the Services offered by the Company. By using the Services, you are agreeing to the terms and conditions contained within this Agreement.

The Company reserves the right to suspend, replace, modify, amend, or terminate this Agreement at any time and within its sole and absolute discretion. In the event the Company replaces, modifies, or amends this Agreement, your continued use of the Services after the change takes effect, will constitute your agreement to any replacement, modification, or amendment to this Agreement.

1. User Representations

By using the Services, you represent that you are at least eighteen (18) years old and are of sound mind and that you have the capacity to agree to and uphold the terms and conditions contained within this Agreement. If you use the Services on behalf of a business entity or other third-party, then you represent that you have actual authority to act as an agent of that business entity or third-party, and that you have the right and ability to agree to and bind that third-party or business entity to the terms of this Agreement on its behalf.

You represent that your use of the Services does not violate any law, regulation, ordinance, statute, or treaty that is applicable to individuals or business entities located in the jurisdiction in which you live. You further represent that you are not prohibited from entering into this Agreement by the terms of any preexisting agreement.

2. Limited License

The Company provides you with limited, non-exclusive, non-sublicensable, non-assignable, revocable, and royalty-free license to use the Services for your customary, intended and educational purposes. You are expressly prohibited from scraping, framing, hacking, reverse engineering, crawling, or aggregating the Services, the Company website, whether in whole or in part, without the prior written consent of the Company.

You acknowledge and agree that your limited use of the Services does not entitle you to any license or intellectual property rights to any technology, intellectual property, copyrights, trademarks, or trade secrets of the Company or any third-party contractor thereof. You acknowledge and agree that your use of the Services is limited by the terms of this Agreement, and you expressly agree that you will not use the Services in any manner that is not expressly authorized under the terms of this Agreement. The Company reserves all of its rights not expressly granted through this Agreement.

This license is revocable at any time, and any rights not expressly granted in this Agreement are reserved for the Company.

3. Prohibited Uses

3.1 You are expressly prohibited from using the Services to violate any law, statute, ordinance, regulation, or treaty, whether local, state, provincial, national, or international, or to violate the rights of a third-party, including, but not limited to, intellectual property rights, privacy rights, rights of publicity, or other personal or proprietary rights.

3.2 Additionally, you are expressly prohibited from:

1. 1. scraping, crawling, framing, posting unauthorized links to, aggregating, hacking, performing denial of service (DOS) attacks, reverse engineering, or circumventing technological protection measures of the Services or the Company’s website;
2. 2. transmitting unsolicited commercial emails to third parties or other Users of the Company. While the Company is not responsible for any such content posted by its Users and does not have the affirmative obligations to monitor such content, it does reserve the right to remove them;
3. 3. using any strategy that is expressly prohibited by the Company;
4. 4. attempting to arbitrage an account with another account maintained with the Company;
5. 5. exploiting errors or latency;
6. 6. utilizing non-public and/or insider information;
7. 7. front-running;
8. 8. performing any activities in any way that creates regulatory issues for the Company;
9. 9. hedging and/or cross-account hedging, scalping, High-Frequency Trading (HFT);
10. 10. using of any automated or semi-automated system is strictly prohibited, unless expressly approved in writing by the Company. This includes, but is not limited to, bots, algorithms, scripts, APIs, trade copiers, expert advisors (EAs), or any software designed to execute, modify, manage, or close trades without direct manual human intervention;
11. 11. exploiting any system errors, pricing inaccuracies, latency gaps, technical malfunctions, infrastructure weaknesses, or unintended platform features to obtain an unfair trading advantage;
12. 12. following arbitrage strategies, including, but not limited to, simultaneously or near-simultaneously opening, offsetting or correlating positions across multiple accounts, platforms, brokers, or instruments in order to exploit price discrepancies, latency differences, execution delays, or other temporary market inefficiencies and/or following any other trading strategies designed to generate reduced-risk or risk-free profits through such mechanisms;
13. 13. engaging in inappropriate risk management practices, such as gambling, “all-in” trading, or excessively leveraging positions. Trading activity that resembles gambling — such as consistently placing trades prior to news releases or other binary events — will not be tolerated. Excessive risk-taking and gambling are defined by the percentage of an account risked in a single trade or across a series of trades or positions. An “all-in” trade refers to committing all or a substantial portion of available capital or margin to a single trade. Similarly, excessive and improper use of leverage occurs when a User risks a significant portion of his/her account in one trade or across a series of one-directional trades and positions;
14. 14. if you are found to be engaging in such activities, the Company reserves the right to immediately close your account and such closure may include the forfeiture of any fees owed to you by the Company, in the Company’s sole discretion;
15. 15. any other activities that the Company may, in its sole discretion, consider as prohibited

(collectively “Prohibited Activities”).

3.3 If the Company detects that your activity falls within the Prohibited Activities, your participation in the program will be terminated, your account will immediately close and the Company may keep any fees paid to it by you and/or forfeit any Performance Rewards (as defined below), at its sole discretion.

4. Performance Reward Adjustment Following Risk or Compliance Breach

If your simulated account is formally flagged and/or considered by the Risk Management Team, at its discretion, as exhibiting a high-risk trading behavior (including, but not limited to, excessive margin utilization, disproportionate position sizing, or trading practices inconsistent with sustainable risk management), or if the User receives a notification for Prohibited Activity or any violation of these Terms and Conditions, the Company may, at its sole discretion, adjust, reduce, or withhold any Performance Reward associated with that simulated account.

Any such adjustment or withholding of a Performance Reward shall take effect from the moment the User is formally notified and shall apply to any pending Performance Rewards that have not yet been processed, as well as all future Rewards, if any. All Performance Rewards are discretionary, funded solely by the Company and based on the Users’ performance and/or behavior – such as their skills, competencies, activity levels, or compliance with applicable rules – and not on their actual trading results or profits.

5. Performance Rewards

Performance Rewards are discretionary contractual performance rewards tied to sustained simulated trading performance within risk parameters and adherence with the Rules and Assessment Criteria (“Performance Rewards”). Such Rewards do not represent trading profits or payments based on the terms of a bilateral transaction and are funded solely by the Company’s own revenues. The Company does not accept or hold User funds for trading purposes. Performance Rewards, their rates and methods of application are discretionary and vary based on Users’ skills, performance, and competencies.

Rewards may be granted based on holistic evaluation of User performance and platform engagement. The Company makes absolutely no promise, guarantee, or warranty, express or implied, as to any promise to monetary payments/rewards/profits for a User’s performance.

6. Access to the information database and Simulated Trading

6.1 The Company uses simulated trading activity to assess the Users’ trading capability. The intent of the Company is to identify individuals with a talent and interest in trading. No live trading is provided directly by the Company. Although the Company may provide Users with access to the information database and content such access, data, information and content is provided solely for general informational, educational and training purposes.

6.2 Before deciding to participate in the simulated trading activities offered by the Company, you should carefully consider your objectives, skills and level of experience. Any results achieved do not guarantee future outcomes in live trading environments. The simulated environment is designed to replicate certain market conditions, including price movements and volatility; however, it does not reflect all aspects of live trading and should not be relied upon as indicative of real-world results.

6.3 Users should not construe any such data, information, or content as investment, financial, tax, legal, or other kind of advice. The Company does not invite the Users to take any action based upon any of the information and materials provided by it, but rather it wants to make sure that the Users are aware that the risk of performing the activities is high and substantial. It can work for them as well as against them, and it may or may not lead to substantial losses. Additionally, past performance is not indicative of future results. Users should carefully consider whether such activities are right for them, depending on their objectives, level of experience, and risk appetite. If you are unsure, you should consult with a financial advisor and/or tax advisor.

6.4 All information available on this website is provided solely for informational and educational purposes. It should not be interpreted as specific advice, a business proposal, an analysis of opportunities, or any other form of general recommendation. The content on this website is not directed at residents of any jurisdiction where such distribution or use would be illegal or prohibited by applicable laws or regulations. The Company further does not make any representations that any access, data, information, and content on the Company’s website is accurate or complete. You alone will bear the sole responsibility of evaluating the merits and risks associated with using any such access, data, information, and content. As such, you agree not to hold the Company liable for any possible claims of damage that may arise from any decision that you make based upon the use of the information database and content on the Company’s website.

6.5 There are risks associated with using an internet-based platform, including, but not limited to, failures of hardware, software, or internet connectivity. The Company is not responsible for communication failures or delays affecting access to the platform and/or the Services. Backup systems and contingency measures are in place to reduce the likelihood of technical disruptions.

7. Account Creation

In order to register as a User, you may be asked to provide personal information, including, but not limited to your name, email address, mailing address, phone number, date of birth, a username and password for an account that is unique to you. The information provided is subject to the Company's privacy policy accessible here.

The account is intended solely for your personal use and sharing it with others is not permitted. If you wish to create multiple accounts in your name, you must utilize your original personal information/documents and the same email address for each registration. Using third-party personal information/documents or different email addresses for this purpose is strictly prohibited.

Users are limited to one active account per assessment level, absent prior written approval.

8. Purchases and Refunds

The Company may provide products, services, subscriptions, or access to certain Services of the Company’s website at a monetary cost. Prices and availability are subject to change without notice. The Company may allow such purchases within its website. It is your responsibility to thoroughly read and understand any such terms and conditions. By making any such purchases, you agree that the Company has no responsibility and acquires no liability for any claim related to your purchases.

Upon the complete purchase of a product, Service, subscription, or access to certain portions of the Company’s website, the Company will make any said product, Service, or access available to you following the approved transaction.

There are no refunds on any purchases made by the Users from the Company.

Any contests, giveaways, rewards or prizes offered or provided by a third party are in no way offered by or endorsed by the Company and Company makes no representation or warranty with regards to the same.

9. Terms, Guidelines and Additional Rules

The Company will display and/or otherwise make available, the terms and conditions, as well as any additional guidelines associated with the Services and/or any account, including any applicable promotion-specific terms, on the Company’s website and/or via email and/or on the checkout page. These terms and guidelines, may change from time to time in the Company’s sole discretion, and are incorporated in whole into this Agreement. The Company makes absolutely no promise, guarantee, or warranty, express or implied, as to any promise to future employment as a User, monetary payments, or any other type or kind of compensation or reward for your performance as a User.

10. Restricted Jurisdictions

The information on this website, the products and Services offered are not intended for use by any person in any country or jurisdiction where such use would be contrary to local law or regulation, including but not limited to: Canada, China, South Korea, Japan, Singapore, Afghanistan, Belarus, Burma (Myanmar), Central African Republic, Cuba, Democratic Republic of the Congo, Ethiopia, Hong Kong, Iran, Iraq, Lebanon, Libya, Mali, Nicaragua, North Korea, Palestine, Russia, Somalia, South Sudan, Sudan, Syria, Yemen, Zimbabwe and any country subject to OFAC Sanctions. The Services and products, are also not available in the following states: CT, HI, ID, IA, IN, KS, MO, MT, NV, NH, WA.

11. Trademarks

11.1 You acknowledge and agree that any and all trademarks, trade names, design marks, and logos displayed on the Company’s website by the Company, are owned by or licensed to the Company (“Marks”). You are expressly prohibited from using the Marks of the Company in a manner that is likely to cause confusion or mistake, deception or that falsely suggests the origin, source, affiliation or sponsorship of your goods or services.

11.2 You are further prohibited from using the Marks of the Company in domain names, keyword advertisements (including trigger or paid search keywords) or in meta tags or other hidden text. All other trademarks, trade names, design marks, or logos are the property of their respective owners.

11.3 You acknowledge and agree that the Company’s website, its suppliers and licensors expressly reserve and retain all intellectual property rights in and to all Marks, text, programs, products, processes, technology, content and other materials, which appear on the Company’s website. Access to this website does not confer and shall not be considered as conferring upon anyone any license under any of the Company’s or any third party’s Marks and intellectual property rights. Any use of this website or its contents, including copying or storing it or them in whole or part, other than for your own personal, non-commercial use, is prohibited without the written permission of the Company. You cannot modify, distribute or re-post anything on this website for any purpose.

11.4 The Company’s names, logos and all related products and Services and our slogans, are trademarks or service marks owned by or licensed to the Company. No trademark or service mark license is granted in connection with the materials contained on the Company website. Access to the Company’s website does not authorize anyone to use any name, logo or mark in any manner.

11.5 All materials on the website, including images, text, illustrations, designs, icons, photographs, programs, audio clips or downloads, video clips, and other materials (collectively, the “Contents”) are intended solely for personal, non-commercial use. No right, title or interest in any downloaded materials or software is transferred to you as a result of accessing, downloading or copying such Contents. You may not reproduce (except as expressly permitted herein), publish, transmit, distribute, display, modify, create derivative works from, sell or participate in any sale of or exploit in any way, in whole or in part, any of the Contents, the website or any related software. All software used on the Company’s website is the property of the Company or its suppliers and is protected by the applicable laws. Any other use, including the reproduction, modification, distribution, transmission, republication, display, or performance, of the Contents on the Company’s website is strictly prohibited. Unless otherwise stated, all Contents are copyrights, trademarks and/or other intellectual property owned, controlled or licensed by the Company, its affiliates or by third parties who have licensed their materials to the Company and are protected by the applicable laws. The compilation, collection, arrangement, and assembly of all Contents on the Company’s website is the exclusive property of the Company and is likewise protected by the applicable laws.

12. Term and Termination

The term of this Agreement will begin when you purchase a Service offered via the Company and will continue until either the Company terminates your access to the Services or you stop using the Services.

The Company reserves the right to terminate the Services or your access to the Company’s website at its sole and absolute discretion and without prior notice.

13. Disclaimer of Warranties and Limitation of Liability

YOU ACKNOWLEDGE AND AGREE THAT THE SERVICE AND THE COMPANY’S WEBSITE ARE PROVIDED ON AN “AS-IS” BASIS AND WITHOUT WARRANTY OF ANY KIND, INCLUDING, BUT NOT LIMITED TO WARRANTIES OF TITLE, MERCHANTABILITY, ACCURACY, FITNESS FOR A PARTICULAR PURPOSE, SECURITY, AND NON-INFRINGEMENT. WHEREVER PERMITTED BY LAW, YOU ACKNOWLEDGE THAT THE COMPANY WILL NOT BE HELD RESPONSIBLE OR LIABLE FOR ANY CLAIMS, DAMAGES, JUDGMENTS, CHARGES, OR FEES ARISING OUT OF OR RELATED TO INFORMATION ON THE WEBSITE AND YOUR USE OF OR ACCESS TO THE SERVICE OR THE COMPANY’S WEBSITE, INCLUDING, BUT NOT LIMITED TO COMPENSATORY DAMAGES, INDIRECT DAMAGES, CONSEQUENTIAL DAMAGES, SPECIAL DAMAGES, INCIDENTAL DAMAGES, PUNITIVE DAMAGES, EXEMPLARY DAMAGES, COSTS AND ATTORNEYS’ FEES, DAMAGES ARISING OUT OF ERRORS OR OMISSIONS, AND DAMAGES ARISING OUT OF THE UNAVAILABILITY OF THE WEBSITE OR DOWNTIME. YOU ACKNOWLEDGE THAT YOUR USE OF THE SERVICES AND/OR THE COMPANY’S WEBSITE IS AT YOUR SOLE RISK AND THAT THE COMPANY’S LIABILITY IS LIMITED TO THE AMOUNT THAT YOU PAID TO USE THE SERVICES OR $1,000, WHICHEVER IS LESS.

14. Indemnification

You agree to indemnify, defend, and hold harmless the Company, its officers, shareholders, directors, employees, subsidiaries, affiliates, white label users, and representatives from any and all losses, including, but not limited to costs and attorneys’ fees arising out of or related to your use of the website; your violation of any term or condition of this Agreement; your violation of the rights of third parties, including but not limited to intellectual property rights or other personal or proprietary rights; and violation of any law, statute, ordinance, regulation, or treaty, whether local, state, provincial, national or international. Your obligation to defend the Company will not provide you with the ability to control the Company’s defense, and the Company reserves the right to control its defense, including its choice of counsel and whether to litigate or settle a claim subject to indemnification.

15. Governing Law

The terms and conditions of this Agreement as well as any matters pertaining to this Agreement, including without limitation to matters of interpretation and/or disputes, shall be governed by the laws of the Republic of Ireland. The Company and the User irrevocably submit any disputes arising out of the subject-matter thereof, to the jurisdiction of the courts of the Republic of Ireland.

16. Force Majeure

The Company shall not be liable to the User for any claims, losses, damages, costs or expenses, including attorneys’ fees, caused, directly or indirectly, by any events, actions or omissions, including, without limitation, claims, losses, damages, costs or expenses, including attorneys’ fees, resulting from civil unrest, war, insurrection, international intervention, governmental action (including, without limitation, exchange controls, forfeitures, nationalizations, devaluations), natural disasters, acts of God, market conditions, inability to communicate with any relevant person or any delay, disruption, failure or malfunction of any transmission or communication system or computer facility, whether belonging to the Company, the User, or any third-party service provider.

17. Survivability

The representations, warranties, duties, and covenants made by you under this Agreement will survive the termination of this Agreement or the Services, including, but not limited to your duty to indemnify and defend the Company.

18. Severability

In the event that any term or condition of this Agreement is deemed invalid or unenforceable by the court of competent jurisdiction, the remaining terms and conditions of this Agreement will remain in full force and effect.

19. Interpretation

This Agreement will be deemed to have been drafted by both parties, and the terms and conditions of this Agreement will not be interpreted against its drafter.

20. Assignment

You are expressly prohibited from assigning your rights and duties under this Agreement. The Company reserves the right to assign its rights and duties under this Agreement, including in a sale of the Company or its Services.

21. Waiver

No term or condition of this Agreement or breach of this Agreement will be deemed to have been waived or consented to, unless the said waiver is in writing and signed by the party to be charged.

22. Disclaimer and Users’ Acknowledgment

22.1 Educational and Simulated Trading Notice

The Company operates solely as an educational and training platform, providing users with resources to learn and practice trading effectively. All trading activities conducted by Users on our platform are strictly simulated virtual trading scenarios. No real or live trades, securities, or financial instruments are involved, and at no time is actual capital placed at risk.

22.2 Payments and Refund Policy

All payments made through the Company’s platform grant Users access to our proprietary software solutions and educational and training materials. Purchases are strictly for software access rights and are explicitly non-refundable.

22.3 No Investment Services Provided

The Company does not provide investment opportunities, advisory, or brokerage services. Funds paid to the Company are explicitly recognized as contractual consideration for access to, and the limited right to use, our software solutions and educational services. These funds are never considered investments, do not generate returns or profits, and the Company does not solicit nor accept funds for investment purposes.

23. Entire Agreement

This Agreement contains the entire agreement between the Company and the User regarding the use of the Services and supersedes all prior understandings, agreements, or representations between the Company and User, whether written or oral.