Disclaimer
Last updated: July 2026
Simulated Trading Only
Toros is a paper trading simulator. All trading activity on this platform — including the buying and selling of stocks, futures, options contracts, and currency pairs — is entirely simulated using virtual currency (vCash). No real money is involved at any point in the trading process. vCash has no monetary value and cannot be redeemed for real currency or assets.
Not Financial or Investment Advice
Nothing on Toros constitutes financial, investment, tax, or legal advice. The platform is designed solely for educational and entertainment purposes. Toros Market Intelligence is not a registered investment advisor, broker-dealer, financial planner, or any other regulated financial professional in Canada, the United States, the United Kingdom, India, or any other jurisdiction.
Past Simulated Performance
Past performance within Toros — including leaderboard rankings, portfolio returns, and any trading strategies explored — does not predict, guarantee, or suggest future results in real financial markets. Simulated trading environments differ materially from live markets. Factors such as liquidity, slippage, market impact, emotional stress, and transaction costs are not fully replicated in a simulator.
Market Data
Market prices displayed on Toros may be delayed, approximated, or simulated for educational purposes. Toros does not guarantee the accuracy, completeness, or timeliness of any market data shown. Data is sourced from third-party providers including Finnhub and may not reflect actual current market conditions.
No Regulatory Registration
Toros Market Intelligence is not registered with the Ontario Securities Commission (OSC), the Canadian Investment Regulatory Organization (CIRO), the U.S. Securities and Exchange Commission (SEC), the Financial Conduct Authority (FCA), the Securities and Exchange Board of India (SEBI), or any other securities regulator. Use of this platform does not constitute participation in a regulated financial market.
Risk Warning
Real financial markets involve substantial risk of loss. Trading real securities, derivatives, or currencies without proper knowledge, experience, and risk management can result in significant financial loss, including the loss of your entire investment. Never make real financial decisions based on experience gained through a simulator. Always consult a qualified financial advisor before making investment decisions.
Third-Party Content
Toros may reference, display, or link to third-party content including company names, stock symbols, and market indices. Such references are for educational identification purposes only and do not constitute an endorsement, sponsorship, or affiliation with any company, index provider, or financial institution.
Limitation of Liability
By using Toros, you acknowledge and agree that Toros Market Intelligence shall not be held liable for any financial decisions, losses, or damages — direct, indirect, or consequential — arising from your use of this platform or any information obtained through it. You use Toros entirely at your own risk.