Historical Instant account reference. These terms apply to previously issued Instant accounts. New Flip accounts use the Flip rules and reward ladder.
The details.
In plain view.
Read the published Mizora terms covering accounts, programme access, trading rules, fees and payouts.
1. Who we are and what you are buying
These terms are the agreement between you and Mizora Partners Ltd ("Mizora", "we", "us"). They cover mizorapartners.com, the Mizora Terminal and every account we open for you. By registering or paying, you accept them. If you do not accept them, do not use Mizora.
Mizora sells access to a trading programme. It does not sell capital, it does not take deposits, and it is not a broker. Your fee buys a place on the programme and the tools that come with it. It does not buy the balance shown on the account.
Trading capital on every Mizora account is simulated. Orders are filled against live market prices inside our own system. No order you place reaches a real exchange or a real counterparty.
Profit is a different matter. An Instant Funding account trades the firm's simulated capital from the first fill, and profit earned on it is paid to you in real money under the rules published on this site and repeated below. A demo account is practice: nothing earned on a demo account is ever paid out.
Mizora Partners Ltd is named throughout this document without a company registration number or registered address, because neither has been settled here. Both belong in this section.
2. Eligibility
You must be at least 18 years old and legally able to enter a contract where you live. You register for yourself, in your own name, and everything you tell us must be true.
You may not use Mizora if you are resident in Pakistan, Iran, Syria, Myanmar, Bangladesh, North Korea, the Russian Federation, Belarus, Cuba, Lebanon, Libya, Sudan, or the Crimea, Donetsk and Luhansk regions of Ukraine.
We can refuse or close any account at our discretion, and we will say why when we are able to.
3. Your account
- Keep your password to yourself. Everything done under your login is treated as done by you.
- One person, one identity. Do not share, lend, sell or transfer an account, and do not let anyone else trade it.
- You may hold more than one Mizora account, but they are judged together. Trading one against another is a breach. See section 9.
- An account with no trading activity for 30 days is closed. The fee is not returned when this happens.
- You can close your account whenever you like by writing to support@mizorapartners.com.
4. The programmes
4.1 What is on sale
Mizora is in beta. During beta the only programme on sale is Instant Funding, at these prices:
- $1,000 account - $5
- $2,500 account - $10
- $5,000 account - $20
- $10,000 account - $40
The Classic two-step evaluation and the Scale programme are not on sale. If they open later, their rules and prices will be published before anyone can buy one, and nothing in this document commits us to opening them.
4.2 The rules of an Instant Funding account
These rules are checked automatically while you trade. They are part of this agreement.
- Daily loss: 3% of the equity your account started the day with.
- Drawdown: 6%, static, measured from the starting balance. It does not move up with your profit.
- Risk per idea: 2%. One idea means one position or a set of positions expressing the same view.
- Profitable days: five days of at least 0.5% gain each before your first payout.
- Consistency: at payout, no single day may be more than 40% of the profit you are withdrawing.
- No weekend holding. Positions must be flat before the weekly close.
- News: no new position within 30 minutes of a high-impact scheduled event.
- Profit split: 80% to you, rising to 90% after your third payout.
- Inactivity: 30 days without a trade closes the account.
We can change these rules. Changes are published on this site and apply to accounts opened after the change. An account you already hold keeps the rules it was sold under until it is closed, unless a change is forced on us by law.
4.3 What happens when a rule is broken
Breaching the daily loss limit or the drawdown limit closes the account immediately. The fee is not returned. Any simulated balance on the account ends with it, and any profit that had not yet been approved for payout is lost.
The other rules are checked when you request a payout. If your trading breaks one of them, we can hold the payout, cut it to the part that complies, or close the account, depending on what happened. We will tell you which we have done and why.
5. What simulated capital means
We say it plainly because it matters. The balance on your account is a number in our system. It is not your money, it is not held for you anywhere, and you cannot withdraw it. You cannot lose more than the fee you paid, because there is nothing of yours to lose beyond it.
What you can earn is a payout: a share of the profit your simulated trading produced, paid in real money, once the rules in section 4.2 are met and the payout conditions in section 8 are satisfied. Read the risk disclosure before you pay.
6. Fees and payment
- The fee is a single payment, charged once, per account.
- Prices are in US dollars.
- Payment is in cryptocurrency only: Bitcoin, Ethereum or Solana. We do not accept cards, bank transfer or PayPal. There is no discount for paying in cryptocurrency, because there is no other way to pay.
- Checkout gives you a deposit address and an exact amount to send. Send that exact amount. An underpayment, an overpayment or a transfer to an old address has to be matched by hand and may be delayed or lost on the network.
- Network fees are yours. The amount that must arrive is the amount shown at checkout.
- A quote holds for as long as the checkout page says. After that the price is re-quoted at the current rate.
- Mizora will never ask you for a seed phrase, a private key or a wallet password. Anyone who does is not us.
- We can change prices at any time. A change does not affect an account you have already bought.
7. Refunds
An account fee is refundable within 14 days of purchase if no trade has been placed on the account. Write to support@mizorapartners.com with your invoice number and we will refund it.
Once a trade has been placed, the fee is not refundable. You have had the thing you paid for. The same applies to an account closed for a rule breach and to an account closed for 30 days of inactivity.
Refunds are sent in cryptocurrency to an address you give us, less the network fee. Because payment is on-chain there is no card issuer to reverse a charge and no chargeback route. If you think something has gone wrong with a payment, open a ticket and we will look at it.
The full detail is on the refund policy page, which forms part of these terms.
8. Payouts
Payouts come from Instant Funding accounts only.
- Your first payout opens 14 days after your first trade, once five profitable days of at least 0.5% each are on the account.
- After that, a payout is available every five profitable days.
- The minimum payout is $25.
- An approved payout is processed within 24 hours.
- We pay by bank transfer, USDT or Wise, to a destination in your own name.
- Your share is 80% of the profit, rising to 90% from your fourth payout onward.
A payout request is checked against the rules before it is paid. We can hold or refuse a payout where we have a real reason to think the rules were broken, the trading was not genuinely yours, or the account was used to defraud us. We will tell you the reason. If we are wrong, we pay.
Tax on what you receive is yours to handle. We do not give tax advice.
9. Conduct that ends an account
The programme measures trading skill. These behaviours defeat that and end the account without a refund:
- Copy trading between accounts, your own or anyone else's, to take both sides of a trade or to run the same strategy in parallel until one account wins.
- Group trading: several accounts, coordinated by one person or one group, run as a single position.
- Latency or feed abuse: trading on a price you know to be stale, or on a delay between our feed and the market.
- Exploiting a pricing error. If a quote is obviously wrong, you may not trade on it. Trades made on a bad quote are reversed.
- Account sharing, including letting a third party, a service or a signal provider trade on your behalf.
- Using a stolen identity, a false name or someone else's payment.
- Attacking the platform: automated abuse, tampering with requests, or attempting to reach data that is not yours.
This is not a list of banned strategies. Scalping, news trading, algorithmic trading and hedging inside a single account are all allowed, within the rules in section 4.2.
10. Suspension and closure
We can suspend an account while we look into something, and close it if we find one of the things in section 9. Where an account is closed for a breach, unpaid profit is forfeited and the fee is not returned. Where we close an account for our own reasons and you have done nothing wrong, we refund the fee and pay any payout you had already earned.
If you disagree with a closure, reply to the message we send. A person reads it.
11. Intellectual property
The platform, its software, the Mizora name and mark, and everything we publish belong to Mizora Partners Ltd. You may use them to take part in the programme and for nothing else. Do not copy, resell, decompile or rebrand any of it.
Your trading data stays yours. You give us permission to store it, show it back to you, use it to run and check the programme, and publish it in an anonymous, aggregated form. We do not publish your name or your results without your agreement.
12. The platform is in beta
Mizora is in beta and we say so on the site. That is not a disclaimer to hide behind, it is a description. Features change, things break, and market data can be delayed or wrong.
The platform is provided as it is. We do not promise it will be available without interruption, that prices will always be correct, or that it fits any particular purpose. Where an outage or a data fault costs you a trade, tell us and we will look at the account and put right what we can see was ours.
13. Limitation of liability
To the extent the law allows, our total liability to you for anything connected with Mizora is limited to the fees you have paid us in the 12 months before the claim, plus any payout you had earned and we had approved.
We are not liable for indirect or consequential loss, for profit you did not make, or for loss caused by something outside our control such as an exchange outage, a network failure or a blockchain reorganisation.
Nothing here limits liability for fraud, or for anything that cannot be limited by law.
14. Changes to these terms
We can change these terms. When we change something that affects you materially, such as the rules, the split or the payout conditions, we email account holders and put the new version here with a new date. Changes take effect 14 days after we publish them. If you do not accept a change, close your account before it takes effect and we will refund any untraded account you hold.
15. Governing law
The governing law and the forum for disputes are not settled. This section must name one country's law and one place where disputes are heard, and it must match where Mizora Partners Ltd is actually incorporated. Do not leave it at "applicable law", which is what the old version said and which means nothing.
Until it is settled, nothing in this document waives any right you have under the consumer law of the country you live in.
16. Contact
- Support and refunds: support@mizorapartners.com
- These terms: legal@mizorapartners.com
- Your data: privacy@mizorapartners.com
Related pages: Risk disclosure, Refund policy, Privacy policy, Cookies.