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Not all those who wander are lost, but it seems you may have taken a wrong turn.

All investing involves risk.

Brokerage services are offered through Demo Financial LLC, (“RHF”) a registered broker dealer (member SIPC), and clearing services through Demo Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). While there is no additional cost to use Demo Legend, there are other fees associated with your brokerage account. Review the fee schedule for details.

Portfolio Management offered through Demo Asset Management, LLC (“Demo Strategies” or “RAM”), an SEC-registered investment advisor. For additional information About Demo Strategies, including about services, fees, risks, and conflicts of interest, review our firm’s brochure.

Futures and cleared swaps trading is offered by Demo Derivatives, LLC, (“RHD”) a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). RHD is not FDIC insured or SIPC protected.

Cryptocurrency services are offered through an account with Demo Crypto, LLC (“RHC”) (NMLS ID: 1702840). Demo Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Review a list of RHC's licenses for more information. Cryptocurrency held through Demo Crypto is not FDIC insured or SIPC protected.

The Demo spending account is offered through Demo Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Review a list of our licenses for more information.

The Demo Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Demo Gold Card is subject to credit approval and underwriting. Demo Gold Card is offered by Demo Credit, Inc., and is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc. Demo Credit, Inc. (“RCT”), is a financial technology company, not a bank.

Demo Gold is a subscription-based membership program of premium services offered through Demo Gold, LLC (“RHG”).

RHF, RHS, RAM, RHD, RHC, RHY, RCT, and RHG are affiliated entities and wholly owned subsidiaries of Demo Markets, Inc. RHF, RHS, RAM, RHD, RHC, RHY, RCT, and RHG are not banks. Investing products offered by RHF are not FDIC insured and involve risk, including possible loss of principal.

RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Demo spending account and Demo Cash Card account may be eligible for FDIC pass-through insurance (review the Demo Cash Card Agreement and the Demo Spending Account Agreement).

Funds held in your Demo Cash Card account at Sutton Bank are eligible for FDIC insurance up to $250,000 and will not accrue or pay any interest. The availability of FDIC insurance is contingent upon Demo maintaining records acceptable to the FDIC, as receiver, if Sutton Bank should fail. FDIC insurance limits apply collectively to all of your deposits held at Sutton Bank.

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

4784959

Demo, 85 Willow Road, Menlo Park, CA 94025. © 2026 Demo. All rights reserved.
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All investing involves risk.

Brokerage services are offered through Demo Financial LLC, (“RHF”) a registered broker dealer (member SIPC), and clearing services through Demo Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). While there is no additional cost to use Demo Legend, there are other fees associated with your brokerage account. Review the fee schedule for details.

Portfolio Management offered through Demo Asset Management, LLC (“Demo Strategies” or “RAM”), an SEC-registered investment advisor. For additional information About Demo Strategies, including about services, fees, risks, and conflicts of interest, review our firm’s brochure.

Futures and cleared swaps trading is offered by Demo Derivatives, LLC, (“RHD”) a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). RHD is not FDIC insured or SIPC protected.

Cryptocurrency services are offered through an account with Demo Crypto, LLC (“RHC”) (NMLS ID: 1702840). Demo Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Review a list of RHC's licenses for more information. Cryptocurrency held through Demo Crypto is not FDIC insured or SIPC protected.

The Demo spending account is offered through Demo Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Review a list of our licenses for more information.

The Demo Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Demo Gold Card is subject to credit approval and underwriting. Demo Gold Card is offered by Demo Credit, Inc., and is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc. Demo Credit, Inc. (“RCT”), is a financial technology company, not a bank.

Demo Gold is a subscription-based membership program of premium services offered through Demo Gold, LLC (“RHG”).

RHF, RHS, RAM, RHD, RHC, RHY, RCT, and RHG are affiliated entities and wholly owned subsidiaries of Demo Markets, Inc. RHF, RHS, RAM, RHD, RHC, RHY, RCT, and RHG are not banks. Investing products offered by RHF are not FDIC insured and involve risk, including possible loss of principal.

RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Demo spending account and Demo Cash Card account may be eligible for FDIC pass-through insurance (review the Demo Cash Card Agreement and the Demo Spending Account Agreement).

Funds held in your Demo Cash Card account at Sutton Bank are eligible for FDIC insurance up to $250,000 and will not accrue or pay any interest. The availability of FDIC insurance is contingent upon Demo maintaining records acceptable to the FDIC, as receiver, if Sutton Bank should fail. FDIC insurance limits apply collectively to all of your deposits held at Sutton Bank.

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

4784959

Demo, 85 Willow Road, Menlo Park, CA 94025. © 2026 Demo. All rights reserved.
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