A clear view
of the risk.

Trading is high risk

Markets move against people who know what they are doing. Leverage makes that faster. A losing run does not mean you made a mistake, and a winning run does not mean you did not.

Skill helps. It does not make trading safe.

Most attempts do not succeed

Across this industry, most of the people who buy a prop firm account do not reach a payout. Some break a rule in the first week. Many stop trading before the rules ever matter.

Assume you are in that group until your own results say otherwise. Anyone who tells you the odds are good is selling you something.

What you are risking is the fee

You are risking the fee, and the whole of it. Not part of it, and not only if you trade badly.

You lose the fee if you break the daily loss limit, if you break the drawdown limit, if you break a conduct rule, or if you leave the account alone for 30 days. Once a trade has been placed on an account, the fee is not refundable. The terms say when it is.

You cannot lose more than the fee. Mizora does not take deposits, does not issue margin, and will never ask you for more money to keep an account open.

The capital is not yours

Trading capital on every Mizora account is simulated. The balance you see is a number in our system. It is not held in an account for you, you have no claim on it, and you cannot withdraw it.

Flip can earn conditional cash rewards after completed rounds. Continuing puts the entire unpaid reward stack at risk; a failed run forfeits it. The final boss is the high-risk round: it targets doubling the account at 5× the normal leverage, double or nothing, and higher leverage increases how quickly losses can reach its 25% daily loss limit or zero equity. The simulated account balance itself is never withdrawable. Previously issued Instant accounts use their original profit-share conditions. Demo accounts earn no payout.

A payout is earned, not owed

Payouts depend on meeting the rules published on this site, in full, at the moment you request one. Five profitable days of at least 0.5% each. A first payout no earlier than 14 days after your first trade. No single day worth more than 40% of what you are withdrawing. A minimum of $25.

Miss one of those and the payout waits. Break a hard rule and the account ends and the profit on it goes with it. The rules are on the terms page and in the platform, and they are checked automatically.

Past performance means nothing

Any result you see on this site, on a leaderboard, in a tournament table or in someone else's screenshot describes what already happened to one person. It does not predict what will happen to you. Backtests and simulated track records are worth less again, because they were built knowing how the story ended.

Do not size a decision on someone else's good month.

Simulated fills are not live fills

Orders on a Mizora account are filled against live market prices inside our own system. They never reach an exchange. That removes some frictions a live account would have, including the effect your own size would have on the price you get.

Trading the same strategy with your own money at a real broker will not produce the same results.

The platform is in beta

Mizora is in beta. Features change. Market data can be delayed or wrong. Outages happen. We fix what we can see and we will look at any account affected, but you should not run a strategy here that depends on the platform being flawless.

Nothing here is financial advice

Nothing on this site, in the platform, in our emails, in our guides or from our support team is investment advice, a recommendation, or an opinion on whether a trade suits you. We do not know your circumstances and we are not assessing them.

Mizora is not a broker, not a bank, and not an investment firm. We do not hold client money. If you need advice on your finances, take it from someone licensed to give it where you live.

Before you pay

• Decide that the fee is money you can lose.
• Read the terms, especially the account rules and the conduct rules.
• Read the refund policy so you know the 14 day window and what closes it.
• If anything is unclear, ask Live chat before you pay, not after.