1. Definitions

Where used in these Terms (capitalised words have the following meanings):

• "Agreement" means these Terms & Conditions, any course enrolment form, payment terms, schedules, and any other rules or policies we publish from time to time.
• "Course(s)" or "Service(s)" means any education, training, coaching, webinars, video lessons, written materials, assessments, mentoring, signals, analytics, or other educational offerings provided by Academy.
• "User", "Student", or "you" means the individual or business that registers for, purchases, or uses the Academy Services.
• "Deriv" means the third-party trading platform(s) referenced in our materials (including but not limited to the version of Deriv whose terms you provided), and "Deriv Terms" means Deriv’s own terms of use, trading terms, risk disclosure and related policies.
• "Content" means all course materials, files, videos, guides, templates, signals, code, worksheets, assessments, and other intellectual property delivered by Academy.
• "Confidential Information" means non-public information disclosed in connection with Academy Services that is identified as confidential or would reasonably be understood to be confidential.
• "Fees" means the cost you pay for Courses or Services, including taxes, payment processing fees, and any subscription charges.

2. Scope of services

2.1 Academy provides educational services that teach trading concepts, technical analysis, strategies, platform tutorials (including how to use Deriv for demo or real trading), risk management, and related skills.

2.2 Academy does not (and does not hold any licence to):

• provide regulated investment advice or portfolio management;
• execute trades on behalf of students;
• hold client money or custody assets;
• guarantee trading profits or outcomes.

2.3 Where Academy demonstrates or references third-party trading platforms (including Deriv), such demonstrations are for educational purposes only. You must separately accept any terms required by the third-party platform to open or use an account on that platform.

3. Relationship with Deriv and other third parties

3.1 No agency, partnership or endorsement. Academy is independent from Deriv. We are not an agent, affiliate, or representative of Deriv (unless expressly stated in writing). Academy’s content may describe features of Deriv for teaching purposes but any use of Deriv is subject to Deriv’s own Terms and policies.

3.2 You must comply with Deriv Terms. If you use Deriv (or any other platform) while using Academy Services, you remain solely responsible for complying with that platform’s Terms (including KYC, trading, and restrictions). Academy is not liable for any action taken by Deriv or any third party.

3.3 Third-party links and services. Academy may provide links, screenshots, or instructions that reference third-party services. We do not control them and accept no responsibility for their availability, terms or security.

4. Eligibility, registration & access

4.1 Eligibility. You represent and warrant that:

• you are at least 18 years old (or the minimum legal age in your jurisdiction to enter a binding contract);
• you have the legal capacity to enter into this Agreement;
• you are not resident in a jurisdiction where Academy’s services are prohibited by law.

4.2 Account information. To register for Services you must provide accurate, complete and up-to-date information and keep it updated. You are responsible for maintaining the confidentiality of any account credentials and for all activity that occurs under your account.

4.3 Right to refuse. We reserve the right to refuse, suspend or cancel a registration or enrolment at our discretion (including for fraud, suspicious conduct, security reasons or breach of these Terms).

5. Fees, payments, refunds & cancellations

5.1 Fees. Course fees are as set out on our website, invoice, or course page. Fees are payable in the currency and via the payment methods we specify. All Fees are non-refundable except as stated in these Terms or required by law.

5.2 Taxes. You are responsible for any taxes, duties, or withholding required by law in your jurisdiction.

5.3 Refund policy. Unless a specific refund policy is published for a Course (e.g., a cooling-off period for online courses in certain jurisdictions), Fees are non-refundable after access to course Content has been granted. For live events or instructor-led courses, different cancellation/refund rules may apply and will be published at time of enrolment.

5.4 Payment disputes. If you dispute a payment, you must notify us promptly. We may suspend access to Services during any billing dispute.

5.5 Promotions and discounts. Promotional offers are subject to terms and may be withdrawn at any time.

6. Use, licence & intellectual property

6.1 Licence to use Content. Subject to payment of Fees and compliance with this Agreement, Academy grants you a non-exclusive, non-transferable, revocable licence to access and use the Course Content for your personal, non-commercial educational purposes only.

6.2 Restrictions. You must not:

• copy, reproduce, distribute, publish, sell, licence, rent, sublicense, modify, create derivative works from, or commercially exploit Content (in whole or part);
• remove or obscure any proprietary notices or marks;
• upload or transmit Content to platforms that enable mass sharing (e.g., torrent sites, public file hosts) without our written permission;
• reverse engineer, decompile, or try to extract the source of any software provided as part of Course Content (except to the extent permitted by law).

6.3 User generated content. If you submit questions, feedback, comments, or other material to Academy ("User Content"), you grant Academy a royalty-free, perpetual, worldwide, transferable licence to use, reproduce, adapt, publish, translate and distribute those materials in any media for the purposes of providing and promoting Academy’s Services. You represent that you have the right to grant this licence and that User Content does not infringe any third-party rights.

6.4 Trademarks & logos. All trademarks, trade names and logos are the property of their respective owners. Academy’s marks remain Academy’s property.

7. Educational nature; no financial advice; risks

7.1 Education only. All materials and communications provided by Academy are for educational and informational purposes only. They do not constitute financial, investment, tax, legal, or other professional advice.

7.2 No guarantees. Trading involves risk. Academy makes no warranties or guarantees of profitability, accuracy of signals, or that any methodology will result in positive returns. Past performance is not indicative of future results.

7.3 You are responsible. You are fully responsible for any trading decisions you make, including any losses. You should only trade with capital you can afford to lose and should consult a qualified financial adviser if you need personalised advice.

7.4 Demo vs live accounts. Demonstrations on demo accounts do not guarantee equivalent live trading results. Market conditions, slippage, execution, leverage, and other factors may differ.

8. Market abuse, prohibited conduct & compliance

8.1 Prohibited purposes. You must not use Academy Services to facilitate illegal activity, market manipulation, insider trading, or circumventing any platform rules (including Deriv’s rules).

8.2 Compliance. You must comply with all applicable laws and the terms of any platform you use. If you disclose or act on inside information or otherwise breach applicable law or platform rules, Academy may immediately suspend or terminate your access, and assist authorities where required.

8.3 Code of conduct. You must behave respectfully in classes, chats, forums, and communications. Harassment, hate speech, abusive language, doxxing, or other harmful conduct is prohibited. We may moderate, remove content, or ban users at our discretion.

9. Confidentiality and privacy

9.1 Confidential Information. Each party agrees to keep confidential the other party’s Confidential Information and not to disclose or use it except as necessary to perform under this Agreement or as required by law.

9.2 Privacy & data processing. We process personal data in accordance with our Privacy Policy. By using our Services you consent to such processing. The Privacy Policy describes what personal data we collect, how we use it, retention periods, and data subject rights.

9.3 Recording & monitoring. We may record webinars, coaching calls, or chats for quality, training, and educational re-use. If you do not want to be recorded, you must notify the instructor before the session; we may refuse participation where necessary to ensure the integrity of the session.

10. Warranties, disclaimers & limitation of liability

10.1 Warranties by you. You warrant that all information provided to us is accurate, that you will use Services lawfully, and that you will not infringe third-party rights.

10.2 Our disclaimers. Except as expressly provided, Academy provides Services “as is” and makes no warranties as to merchantability, fitness for a particular purpose, non-infringement, or uninterrupted access.

10.3 Limitation of liability. To the maximum extent permitted by applicable law:

• Academy’s total aggregate liability arising out of or in connection with this Agreement shall be limited to the Fees paid by you to Academy in the 12 months prior to the claim.
• Academy shall not be liable for any indirect, incidental, consequential, special, exemplary, or punitive damages (including lost profits, loss of data, loss of business or goodwill) even if Academy was advised of the possibility of such damages.

10.4 Exceptions. Nothing in this clause limits liability for death or personal injury caused by Academy’s negligence, fraud, or any other liability that cannot be limited or excluded by law.

11. Indemnity

You agree to indemnify, defend and hold harmless Academy and its officers, directors, employees, agents and affiliates from any losses, liabilities, claims, damages, fines, costs and expenses (including reasonable legal fees) arising from your breach of this Agreement, your violation of any law or third-party rights, or your use of third-party platforms (including Deriv).

12. Refunds, disputes & complaint handling

12.1 Complaints. If you have a complaint, contact us at info@aob.lk. We will acknowledge receipt and aim to resolve the complaint within 15 days. If unresolved, you may escalate to the relevant supervisory authority in the Academy’s jurisdiction.

12.2 Dispute resolution. Before commencing litigation, the parties agree to attempt good-faith negotiations to resolve disputes. If unresolved, disputes shall be resolved under the Governing Law and Jurisdiction clause.

13. Termination & suspension

13.1 Termination by you. You may terminate your access at any time by notifying us; termination does not entitle you to a refund except as expressly stated.

13.2 Termination by Academy. We may suspend or terminate access immediately where you breach these Terms, engage in illegal or harmful conduct, or for security reasons.

13.3 Effect of termination. On termination, your licence to access Content ends, and Academy may delete or revoke access to your account and Course Materials without liability, subject to legal obligations to retain records.

13.4 Survival. Clauses on Intellectual Property, Warranties & Disclaimers, Limitation of Liability, Indemnity, Confidentiality, Governing Law, and any accrued rights shall survive termination.

14. Force majeure

Neither party shall be liable for delays or failures in performance resulting from causes beyond its reasonable control (acts of God, war, pandemics, strikes, internet or power outages, third-party failures). The affected party shall notify the other as soon as practicable.

15. Changes to these Terms

We may update these Terms from time to time. We will post the amended Terms on our website and notify active students by email for material changes. Continued use after publication constitutes acceptance. It is your responsibility to review the Terms periodically.

16. Miscellaneous

16.1 Assignment. Academy may assign or novate these Terms (or any rights hereunder) to an affiliate or successor; you may not assign your rights without our prior written consent.

16.2 Entire agreement. These Terms, together with any order confirmations, course schedules, and our Privacy Policy, constitute the entire agreement and supersede prior arrangements.

16.3 Severability. If any provision is found unenforceable, the remainder remains in force.

16.4 Waiver. Delay or omission to exercise any right is not a waiver of that or any other right.

17. Governing law & jurisdiction

These Terms are governed by and construed in accordance with the laws of Sri Lanka and the parties submit to the exclusive jurisdiction of the courts of Sri Lanka, unless otherwise agreed in writing.

18. Notices & contact

Any notice under these Terms should be sent to:

Notices are effective upon receipt by email (or on the next Business Day if received outside business hours).

19. Important acknowledgements (summary checklist)