Risk warning. Trading financial instruments - including forex, CFDs, stocks, and crypto-assets - involves significant risk of loss. Simulated and backtested results have inherent limitations, do not represent real trading, and do not predict future results. Past performance is not indicative of future outcomes. Do not trade with money you cannot afford to lose.
What Cleo is. The Cleo platform is operated by CLFNCE OÜ (Estonia). CLFNCE OÜ provides a simulated trading and analysis platform used by individual subscribers and by users of partner proprietary trading firms. CLFNCE OÜ is not a broker, exchange, or investment firm; does not execute trades on any market; does not hold, custody, or transfer client funds; and does not provide investment, financial, tax, or legal advice. CLFNCE OÜ is not authorised under MiFID II, MiCA, or any equivalent regime, and is not required to be so authorised for the activities described in our Terms.
Prop firm activities. Where you reach Cleo through a proprietary trading firm, the challenge rules, fees, payouts, and any representations about real funds or live trading are set and operated by that firm under its own contract with you. Cleo is not a party to that contract. For questions about evaluations or funded accounts, contact your prop firm directly.
Your responsibility. Use of the Platform may be subject to laws in your jurisdiction; by using it you confirm you are permitted to do so and accept responsibility for your decisions and compliance. Full Terms of Use and Privacy Policy apply.