#Account Opening – The Client may apply for an account through the Company’s website and the Company will accept such an application creating the “Trading Account”, under the following terms:
(i) the Company has received confirmation that the Client has agreed to enter into this Agreement (such confirmation can be made by clicking “Start Now” button or link on the Company’s website (the “Website”), followed by a completed application form (if applicable) and all other Client information, the provision of which may be required by the Company. The Client confirms that Client’s information is full, accurate and complete. If there is a change in the information provided by the Client, the Client must notify the Company immediately.
#Usage of the Trading Platform - Usage of the Trading Platform is made through the Account by a limited license provided by the Company to the Client. The license is personal, non-transferable and is for persons who are older than 18 years old (or older legal age, if the law applicable to the Client’s jurisdictions requires a higher legal age) and subject to this Agreement. The Client will not transfer, assign, or enable other to make any use of the license, and/or give the Client’s access codes to the Trading Account to anyone. Any damage caused to the Client, the Company and any third party due to breach of this Agreement by Client, shall be under the Client’s sole responsibility.
#Activation of the Trading Account – The Account will be activated by the Company as soon as the Company has identified the funds credited by the Client to the Trading Account. The Company may activate the Trading Account and permit trading in the Trading Account subject to such limitations, and to the satisfaction of such further requirements as the Company may impose. Where a Trading Account is not activated or is frozen, no funds held by the Company in respect of that Trading Account may be transferred back or to any other person until the Company is satisfied that all Applicable Regulations have been complied with.
#Company’s sole discretion - The Company may act, according to the Company’s sole discretion, as principal or as agent on the Client’s behalf in relation to any Transaction entered into pursuant to the Agreement. Therefore the Company may act as the counter party to the Client’s trading activity. The Client confirms that it acts as the sole principal and not as agent or trustee on behalf of someone else.
#The Trading Platform enables Cryptocurrency Options trading in exchange rates of different currencies, commodities, and any other financial instruments made available by the Company. The Trading Platform displays indicative quotes of exchange rates of different financial instruments pairs, based on different financial information systems, as the most updated exchange rates in the international capital markets. For determining the quotes for different time periods, the platform makes mathematical calculations according to known and accepted capital markets formulas. It is acknowledged by both Parties that due to different calculation methods and other circumstances, different trading platforms and/or markets may display different price quotes.
#The Client authorizes the Company to rely and act on any order, request, instruction or other communication given or made (or purporting to be given or made) by the Client or any person authorized on the Client’s behalf, without further inquiry on the part of the Company as to the authenticity, genuineness authority or identity of the person giving or purporting to give such order, request, instruction or other communication. The Client will be responsible for and will be bound by all obligations entered into or assumed by the Company on behalf of the Client in consequence of or in connection with such orders, requests, instructions or other communication.
#The Company reserves the right, but is not obligated to the following: to set, at its absolute discretion, limits and/or parameters to control the Client’s ability to place orders or to restrict the terms on which a Transaction may be made. Such limits and/or parameters may be amended, increased, decreased, removed or added to by the Company.
#Arbitrage/cancellation of orders and transactions – The Company does not allow actions or non-actions by the Client or any person authorized on the Client’s behalf based on arbitrary calculations or other methods that are based on exploitation of different systems or platforms malfunction, delay, error etc. The Company is entitled, by its own discretion, to cancel any transaction that has been executed due or in connection with an error, system malfunction, breach of the Agreement by Client etc. The Company’s records will serve as decisive evidence to the correct quotes of the world capital markets and the incorrect quotes given to the Client; The Company is entitled to correct or cancel any trade based on or according to.
#Cancel Feature Abuse - The Company offers a special cancellation feature that allows traders to cancel a trade within a few seconds of execution. Abuse of the cancellation feature can be considered market arbitrage and can result in forfeiture of profits. Company reserves the right to cancel a position if the cancellation feature is abused. The acceptable cancellation percentage cannot exceed 20% of the total number of executed trades. Cancelling more than 20% of the total number of executed trades is considered abuse of this feature and resulting profits may be forfeited from such abuse.
Can I lose money?
There is a risk involved with investing in all high yield investment programs. However, there are a few simple ways that can help you to reduce the risk of losing more than you can afford to. First, align your investments with your financial goals, in other words, keep the money you may need for the short-term out of more aggressive investments, reserving those investment funds for the money you intend to raise over the long-term. It's very important for you to know that we are real traders and that we invest members' funds on major investments.
#Transfered funds - Whenever the Client transfers funds to the Company, those funds belong to the Company and will be treated as such for the purpose of securing or covering the Client’s present, future, actual, contingent or prospective obligations, subject only to any contractual obligation of the Company to pay or return money to the Client according to the terms of this Agreement. The Client will not have any proprietary claim over money transferred to the Company, and the Company can deal with these funds in its own right. In determining the amount of collateral and the amount of the Company’s obligations to pay or return money to the Client, the Company may apply such methodology (including judgments as to the future movement of markets and values), as the Company considers appropriate.
#The Funds deposited with the Company by the Client - together with any Profit or other Benefits the Client may be entitled to according to any specific agreement with the Company, shall be used as security for any Transaction, including Trading Losses, Commission and any other fee or debt owed by the Client to the Company, which will be automatically deducted from the Client’s Trading Account equity. The Client’s Funds shall not accumulate any interest or any other benefits. Trading Cryptocurrency options that relate to a reference security shall not grant the Client any right to dividends, voting, allocations or any other Benefits, but may be subject to adjustments according to financial or corporate events which may have an effect the reference security, such as distribution of dividends, splits etc.
#Repayment - Repayment of any funds by the Company to the Client will be in the same currency and to the same wallet from which the funds were originally transferred, unless the Company has decided, by its own discretion, to return the funds to a different Client wallet address.
#The Client declares that all funds that they transfer to the Company do not derive from any criminal or other illegal activity and do not violate any applicable anti money laundering laws and/or regulations.
#Fees & Charges -
The Company does not charge brokerage fees or commission for executing trades.
#Account Statements -
Trading Account balances and statements are displayed within the trading platform and made available to the Client by the Company. Common term definitions can be found on the Company’s Website.
The Company may offer the Client a Bonus, Credit or tangible gifts, from time to time, at its sole discretion.
#Privacy and Data Protection -
The Company shall hold some personal Client information due to the nature of the Company’s business and relations with the Client. All data collected, whether on paper (hard copy) or on a computer (soft copy) is safeguarded in order to maintain Client privacy.
The Company shall be permitted to disclose and/or use the Client Information for the following purposes:
(a) internal use, including affiliated entities;
(b) as permitted or required by law;
(c) protection against or prevent actual or potential fraud or unauthorized transactions or behavior
(d) computerized supervision of the Client’s use of services, review and/or supervision and/or development and/or maintenance of the quality of services;
(e) to protect the Company’s rights or obligations to observe any applicable law.
The Client hereby grants his/her permission to the Company to make use of his/her details in order to provide updates and/or information and/or promotion or marketing purposes through the Clients E-mail address or other contact information. Cancellation of this consent shall be made in writing by providing written notice to the Company, and shall apply to new publications that have not been sent.
The Client agrees and acknowledges that the Company may record all conversations with the Client and monitor (and maintain a record of) all emails sent by or to the Company. All such records are the Company’s property and can be used at the Company’s sole discretion, among other things, in the case of a dispute between the Company and the Client.
Affiliation- the Company may share commission and charges with its associates, introducing brokers or other third parties (“Affiliates”), or receive remuneration from them in respect of contracts entered into by the Company. Such Affiliates of the Company may be disclosed with Client information.
The Company’s Trading Platform, Website or other services may require the use of ‘Cookies’.
The Client represents that it has been solely responsible for making their own independent appraisal and investigation into the risks of any Transaction. The Client represents that they have sufficient knowledge, market sophistication and experience to make their own evaluation of the merits and risks of any Transaction. The Company does not advise its Clients in regards to the expected profitability of any Transaction, and any tax or other consequences. The Client acknowledges that they have read and understood the Risk Disclosure Document which sets out the nature and risks of Transactions to which this Agreement relates.
#Closing an Account and Cancellation of this Agreement -
Either party may terminate this Agreement by giving 10 (Ten) business days written notice by email to email@example.com, of termination to the other party. Either party may terminate this Agreement immediately in any case of any breach of this Agreement or event of Default by the other Party. Upon terminating notice of this Agreement, the Client shall be under obligation to close all open positions, otherwise, the notice shall become void, or the Company shall have the right to close all open positions without assuming any responsibility. Such closure may result in an outcome that would be css favorable for the Client.
Termination shall not affect any outstanding rights and obligations according to the applicable law and the provisions of this this Agreement
Upon termination, all amounts payable by Either Party to the other Party will become immediately due.
#Limitations of Liability and Indemnities -
THE SERVICES OF THE COMPANY ARE PROVIDED “AS IS” AND “AS AVAILABLE”, AND THE COMPANY MAKES NO WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF MERCHANT ABILITY AND FITNESS FOR PARTICULAR PURPOSE. THE COMPANY DOES NOT WARRANT THAT ANY AFFILIATED SOFTWARE, SERVICES OR COMMUNICATION THAT MAY BE OFFERED OR USED BY THE CLIENT SHALL ALWAYS BE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. THE COMPANY WILL NOT BE LIABLE FOR ANY DAMAGES OF ANY KIND ARISING FROM TRADING OR THE USE OF THE COMPANY’S SERVICES, INCLUDING, BUT NOT LIMITED TO DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, AND CONSEQUENTIAL DAMAGES.
The Client acknowledges and agrees that the Trading Platform follows the relevant market, whether the Client is in front of his computer or not, and whether the Clients computer is switched on or not, and will exercise the order left by the Client, if applicable.
The Client shall, upon first demand by the Company, compensate the Company from and against all liabilities, damages, losses and costs (including reasonable legal costs), duties, taxes, charges, commissions or other expenses incurred by the Company.
The Company shall have the right to off-set any amount owed by the Company to the Client, against any debt or other obligation of the Client towards the Company. In the event of Default of Client (voluntary or involuntary insolvency procedures against the Client) all debts, future debts and other obligations of the Client towards the Company shall become immediately due.
#General Provisions - Amendments – The Company has the right to amend this Agreement without obtaining any prior consent from the Client. If the Company makes any material change to the Agreement, the Company will give at least 10 (Ten) Business Days notice of such change to the Client. Any such amendment will become effective on the date specified in the notice. Unless otherwise agreed, an amendment will not affect any outstanding order or Transaction or any legal rights or obligations which may have already arisen.
Partial invalidity- If, at any time, any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, neither the legality, validity or enforce ability of the remaining provisions of this Agreement nor the legality, validity or enforce ability of such provision under the law of any other jurisdiction shall in any way be affected or impaired.
oint account- If the Trading Account is a joint account (in the name of more than one entity), then each of the entities on the Trading Account shall be authorized to represent the other entities towards the Company, with no requirement of any prior notice or approval from the other entities. Each of the entities on the Trading Account agrees that any notice or instruction given by the Company to any of the entities shall be considered as given to all the entities. In case of contradiction between instructions given to the Company by different entities, then the last instruction received by the Company will prevail.
Notices – Unless otherwise agreed, all notices, instructions and other communications to be given by the Company shall be given to the address or fax number provided by the Client, or via e-mail or other electronic means, details of which are provided by the Client to the Company. Any changes in the Details or any complaint shall be directed to the Company’s client services department, who will investigate the complaint and make every effort to resolve it. Such complaints should be made to: firstname.lastname@example.org.
#Funds Risk Disclosure -
Trading in Cryptocurrency Options is considered a risky and speculative investment venue.
The relevant markets for Trading are characterized as high volatile markets, which inherits high risk in evaluating the outcome of a Cryptocurrency option. The Company is not and will not, in any way, be responsible to the outcome of any transaction executed by the Client.
Client should never fund his trading activities with retirement savings, loans, mortgages, emergency funds, funds set aside for purposes such as education or home ownership, or funds required for current income or present or future medical expenses.
Not following the rules and regulations applicable to Trading or any other applicable regulation may result in forced closure of positions (“Trades”), temporary freezing of the Client’s account, closing the account and/or other actions necessary for the protection of the Company.
The Client must be knowledgeable in the use and functionality of the Trading software provided by the Company, or by any third-party provider, in order to correctly interpret account information and to be able to place orders correctly.
The Company makes no warranty regarding the effectiveness, accuracy or efficiency of the Trading Platforms. From time to time, the Client may have difficulty accessing its account data due to a possible myriad of technical problems. The Company makes no warranty of merchant ability, no warranty of fitness for a particular purpose, and no other warranty of any kind, express or implied, regarding this service, data or information provided thereby, or any aspect regarding the order entry or execution services, except as required by applicable law, regarding possible damages, including, but not limited to, lost profits, trading losses or damages that result from reliance on inaccurate data, or delay or loss of access to customer account execution services.
Client should reconcile his account on a frequent basis. Any suspected discrepancies should be immediately brought to Company’s attention. All trade confirmations and monthly statements will be deemed accepted by you if not complained of upon receipt.
The trading services provided are intended to provide professional and non-professional Traders with a mechanism for execution of trades. The Company is neither registered investment advisers nor broker dealers.
Cease of Trading – Due to the fact that commerce system is based, among others, on networks for the exchange of information and the Internet, the commerce or any part thereof may be ceased and/or disrupted and etc., without prior notice or for reasons which are not under the Company’s control. The Company shall be permitted, inter ilia, to close or adjust Client’s open transactions.