Terms & CONDITIONS
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Terms And Conditions
You are responsible for reading and understanding these Terms and Conditions pursuant to which all tournaments, gain of skill, trades, transactions, or offerings via this site are governed.
1. The trade name is owned and
operated under regulated
authority.
2. The Company does not provide a
market or exchange amongst or
between customers for trades,
securities, derivatives, options, or
market speculations. Each trade
placed by a customer is an
individual skill-based game between
the customer and the Company and is
not a trade, security, derivative,
option, or market speculation, nor
is it transferable, negotiable or
assignable to or with any third
party. Actual exchange traded binary
options also exist and are
fundamentally different to the
offerings available to customers via
this site. On an actual options
exchange participants trade against
other participants over the
exchange. This site is not an
options nor futures exchange which
are regulated differently, by
regulators who oversee dealings and
dealers in tradable financial
instruments, financial markets,
options and/or futures as well as
the exchanges over which such
financial products are dealt.
3. Prices of a stock, commodity,
currency or index can be highly
volatile and difficult to predict.
Due to such volatility, no trade
placed within this site should be
considered a safe bet. The services
offered by this site are only
suitable for customers who
understand the risks involved and
are able to bear the loss of all the
money they stake. The maximum losses
that may be incurred by any customer
is limited to the amount of money
paid by the customer to the Company.
4. Each customer will create a
personal password which should be
kept strictly confidential as all
transactions where a customer’s
email and password have been
correctly entered will be regarded
as valid, subject to meeting the
criteria for placing trades laid
down in these Terms and Conditions.
You agree to be fully and personally
liable for the due settlement of
every transaction entered under your
account. The Company will not be
liable for any loss you may incur as
a result of misuse of your account
and accepts no liability resulting
from any unauthorized use, whether
fraudulent or otherwise. This
includes, without limitation, any
transactions by members of your
family or entourage who have gained
access to your account. You are
responsible for ensuring that you
alone control access to the account,
and that no minors are granted
access to trading on this site. You
remain fully liable for all trades
and credit/debit card transactions
entered for your account. You agree
to indemnify the Company in respect
to all costs and losses of any kind
whatsoever as may be incurred by the
Company as a result, direct or
indirect, of your failure to perform
or settle such transactions.
5. The Company will not be liable in
any way to any customer in the event
of force majeure, or for the act of
any Government or legal authority,
or for the failure of or damage or
destruction to its computer systems,
data or records or any part thereof,
or for delays, losses, errors or
omissions resulting from the failure
or mismanagement of any
telecommunications or computer
equipment or software. The Company
reserves the right to void any part
or all of any trade or any event
that is not completed (e.g. frozen,
abandoned, and postponed). The
Company may, at its sole discretion,
suspend the relevant offerings on
our site and cancel all trades
relevant to any assets where: • the
stock exchange or interbank
authority suspends trading
activities of any asset offered on
this site, • a blatant error is made
in transmission of any asset data, •
the Company has reason to believe
that a trade is placed after the
outcome of an event is known or with
reasonably foreseeable knowledge of
the event which gives an undue
advantage or superior position; • as
a result of political, economic,
military or monetary events
(including unusual market volatility
or liquidity) or any circumstances
outside the control, responsibility
or power of the Company, the
continued operation of any offering
on this site is not reasonably
practicable without adversely
affecting and prejudicing the
interests of customers or the
Company; or • there is a breakdown
in the means of communication
normally employed in determining the
price or value of any of the assets
or where the price or value of any
of the assets cannot be promptly or
accurately ascertained. In such
event, the Company shall refund the
stakes corresponding to any
cancelled trades to the customer,
and no further claim may be
entertained against the Company in
connection thereto.
6. The Company reserves the right at
its sole discretion to refuse and/or
cancel services to anyone for any
reason including, without
limitation, any instance where: •
the customer’s activities at this
site may be illegal in that person’s
country or state; • the Company may
be contacted by legal authorities or
regulators from that person’s
country or state; • the Company may
suffer any pecuniary, fiscal or
regulatory disadvantage by virtue of
that person’s activities at this
site; or • transactions on this site
are performed in breach of the Terms
and Conditions.
7. No person shall abuse this site
for the purpose of money laundering.
The Company employs best-practice
anti-money laundering procedures,
which can have several effects on
customers. The Company reserves the
right to refuse to do business with,
to discontinue to do business with,
and to reverse the transactions of,
customers who do not accept or
adhere to these anti-money
laundering processes. Accounts may
be frozen or closed if satisfactory
customer due diligence documentation
is not provided. The anti-money
laundering processes have the
following effects on customers: •
You must fill into the account
opening form all requested details
that establish your identity. • The
Company may, from time to time, at
its sole discretion, require you to
provide proof of identity (such as
notarized copy of passport or other
means of identity verification as
the Company deems required under the
circumstances) and may suspend an
account until such proof has been
provided to its satisfaction. • You
agree that we may use the personal
information you provide in order to
conduct anti-fraud checks. Personal
information that you provide may be
disclosed to a credit reference or
fraud prevention agency, which may
keep a record of that information. •
Earnings payouts or withdrawals may
only be paid to the initiator of an
account. When a customer maintains
an account by means of telegraphic
deposits, earnings payouts or
withdrawals are only paid to the
holder of the originating bank
account, and the onus is on the
customer to ensure that account
number and name accompany all
transfers to the Company. When a
customer maintains an account by
means of credit/debit card deposits,
earnings payouts or withdrawals are
only paid back to the same card. •
Only one account is allowed per
person. No earnings payouts may be
collected on accounts opened in
false names or on multiple accounts
opened by the same person.
8. The Company may impose trade
volume and other limits on Customer
accounts at its sole discretion. The
current trade volume limit upon
account opening is USD/GBP/EUR
25,000/day maximum trading volume.
The maximum account size (i.e. cash
balance) is USD/GBP/EUR 30,000. The
maximum outstanding payout with
respect to active trades at a given
time per account is USD/GBP/EUR
30,000. The maximum payout to any
one customer with respect to any one
day’s completed trades is
USD/GBP/EUR 30,000. These limits are
increased once a customer fully
authenticates himself; where after
the new maximum trading volume will
be USD/GBP/EUR 250,000/day, having a
maximum account size of USD/GBP/EUR
250,000, and a maximum outstanding
payout for active trades at a given
time per account of USD/GBP/EUR
250,000. Payouts for completed
trades remain subject to the stated
daily maximum payout to any one
customer in any one day,
irrespective of total trades’ stakes
or number of winning trades. The
onus is on the customer to stay
within the stated limits. Once a
customer’s account balance exceeds
the maximum account size, then
withdrawals must be made to bring
the balance to within the limits.
9. Persons with insider knowledge of
any financial market or instrument
are prohibited from trading at this
site. It is a condition of the
Company’s acceptance of trades from
you, and by your offering to place
trades that you represent that: (a)
you are not prohibited from placing
the trade by any term of your
contract of employment or any rule
of a Financial Market Governing Body
which applies to you; (b) you are
not aware of any circumstances which
would make the placing of the trade
a breach of a rule applied by a
Financial Market Governing Body; (c)
when a trade is placed on the
outcome of any event or process
(“the event”) you do not possess
advanced superior knowledge as to
the outcome of the event or on the
likelihood of anything occurring or
not occurring; (d) you are the
person whose details are provided in
connection with your registration;
and (e) you are not an undischarged
bankrupt or in a voluntary
arrangement with your creditors. In
the event of any such representation
by you proving to be false, your
trade stakes will be forfeit and the
Company shall not be obliged to make
any payouts which might otherwise
have been payable.
10. Asset pricing: All prices
displayed on this site are based on
official quotes from the relevant
stock exchange or interbank
authorities. The Company provides
its customers with real-time
streaming prices or quotes by
collecting and aggregating
information sourced through
independent price providers,
relevant exchanges, and interbank
authorities who supply liquidity and
information to the global financial,
forex and/or futures markets. The
current market price we display
represents our objective view of the
prices available to arm’s length
traders at the relevant time. In
order to ascertain and calculate
current fair market prices the
Company accesses a number of
different data sources and is
required to take a number of factors
into account including volume
weighting and market volatility. All
trades are priced and settled using
the current market price as
displayed by the Company at the
relevant time. The company’s pricing
on all available assets is fully
transparent and the complete price
history for all assets is made
available to all customers using the
Tick by Tick Search function.
11. Strategy: The stakes for each
trade are subtracted from the
customer’s account at the time the
customer places the trade. The
earnings for each winning trade are
credited to the customer’s account
following the trade’s expiry. The
strike price given for each trade is
according to the official price
quote indicated by the Company (“the
Offered Price”) and is recorded
according to the Offered Price as
exists at the time the trade is
recorded on our Transactions Server.
The expiry price given for each
trade is according to the official
price quote indicated by the Company
at the time of the trade expiry. For
assets which have both an ask and
bid price quote, the mean price is
used and is determined by
(Ask+Bid)/2 = Mean Price.
12. Profit calculation: We offer up
to 90% profit on successful trades.
Variable profit rates apply. Profit
rates are in flux and can change
rapidly. The available profit ranges
from 70% to 90%. At the highest rate
90%, this is a 190% total return on
your trade inclusive of the trade
stakes returned plus the profit
rate. The governing profit rate on a
trade is the rate shown at the time
the trade is recorded on our
Transactions Server.
13. Expiry lockout: Trading is
unavailable within the relevant
lockout period prior to expiry. The
lockout period for each expiry is
indicated by the clock on the chart
when the expiry is selected. Once
the lockout time for a given expiry
is reached, a trade recorded after
this time will be registered for the
next expiry of that kind. Any trade
which is filled by our Transaction
Server following the lockout period
will automatically carry over and be
filled for the following expiry of
that kind. Placing a trade very
close to the lockout will run the
risk of the trade being filled for
the following expiry. We also offer
Countdown expiries of 60 seconds,
120 seconds and 300 seconds with no
lockout.
14. Each trade successfully placed
by the customer will be given an
individual transaction confirmation
number. Once a trade is placed, it
cannot be cancelled. Trades will
only be valid, subject to meeting
the criteria for placing trades laid
down in these Terms and Conditions,
if accepted by our Transactions
Server. The Company is not liable
for the settlement of any trade
where a transaction confirmation
number is not issued and displayed
in the customer’s ‘Account Journal’
page of this site.
15. Our Transactions Server log
governs with respect to all
determinations of timing including
the time at which a trade is placed,
the applicable profit rate, strike
price, and expiry price,
irrespective of the time at which
the customer may have attempted to
place the trade or the time at which
the stock exchange or interbank
authorities published prices. In the
event of a query, it is your
responsibility to be notified at the
earliest opportunity. Any queries
relating to a trade must be raised
no later than twelve hours after the
trade has been settled. The Company
cannot guarantee that it will be
able to respond to any query which
is not raised within this time. Our
real-time streaming price data
governs with respect to any issues
involving the pricing or settlement
of trades irrespective of any
differing price information which
might be displayed by third party
data providers. With respect to any
issues as to times, prices, and
trade settlements, the decision of
the Company shall be final and
binding.
16. The Company reserves the right
to correct any obvious errors and to
void any trades placed where such
have occurred. In the event that any
trade’s pricing grossly deviates
from fair market prices due to an
undetected programming error, bug or
glitch in our software, the Company
reserves the right to cancel or
reverse such transactions upon
notification to the customer of the
nature of the computer error that
led to the mis-pricing. In such
event, the Company shall refund to
the customer the stakes
corresponding to any cancelled
trades, and no further claim may be
entertained against the Company in
connection thereto. Customers have a
duty to report to the Company any
problems or suspected system
inadequacies that they may
experience including without
limitation extrinsic information
providing asset data ahead of the
Company’s and customers may not
abuse system problems or
inadequacies for profit. The Company
will endeavor to resolve any such
difficulties in the shortest time
possible.
17. Any concern or claim over a
trade should first be e-mailed to us
at our support mail and we will make
every effort to resolve the matter
in a mutually satisfactory manner.
However, if you still feel that you
have been unfairly treated your
dispute should be raised. Any
information given on the this site,
and/or emails or newsletters sent by
the Company related thereto is not
intended as financial or trade
advice and the Company will not
accept any liability for either its
comprehensiveness or accuracy.
Customers agree to receive such
information from the Company and its
partners unless they ask to be opted
out from the receipt of any such
mailings.
18. With respect to any asset
pricing, data or other information
displayed on this site, (a) such
content is indicative only and
neither the Company nor any of its
licensors gives any warranty that
the supply of content on this site
will be uninterrupted or as to its
accuracy; (b) the Company and its
licensors are not responsible or
liable if any such content is
inaccurate or incomplete; (c) the
Company and its licensors are not
responsible or liable for any
actions that you take or do not take
based on such content; (d) such
content is proprietary to the
Company and/or its licensors and you
are not permitted to retransmit,
redistribute, publish, disclose or
display in whole or in part such
content to others; and (e) all
content is provided for your own
personal usage and the distribution,
reproduction or commercial
exploitation of such content in any
manner whatsoever is prohibited.
19. The Company may at any time, at
its sole discretion, alter or amend,
add, withdraw, or suspend from the
site any of the available
tournaments, games of skill, trading
services or offerings, or any part
thereof and may alter stakes,
features, specifications,
capabilities, functions and/or other
characteristics of any of the
available tournaments, games of
skill, trading services or
offerings, or any part thereof; and
may alter or change the rules and
scope of this service from time to
time, including changes to these
Terms and Conditions. Any change
made shall not apply retrospectively
and shall only apply to the
available tournaments, games of
skill, trading services or offerings
after such change.
20. In the event that any provision
of these Terms and Conditions is
deemed by any competent authority to
be unenforceable or invalid, the
relevant provision shall be modified
to allow it to be enforced in line
with the intention of the original
text to the fullest extent permitted
by applicable law. The validity and
enforceability of the remaining
provisions of these Terms and
Conditions shall not be affected.
Any provision of these Terms and
Conditions which may be deemed
invalid, illegal or unenforceable in
any jurisdiction will be ineffective
in that particular jurisdiction,
without affecting the validity,
legality or enforceability of that
provision in other jurisdictions. In
the event of any differences between
the English version and any other
language, the English version shall
prevail.
21. The company may charge you for a
25% trade commission depends on the
signal software used in your account
to facilitate high profit
realization
22. All successful deposits are
received instantly into our account.
You will not be entitled to interest
on funds that are held in your
account. Your account should not be
used as a mere depository for funds
or as a substitute for a bank.
Customer accounts which have zero
funds in them and are not used for a
period of 12 consecutive months
shall be closed. In the event that
you have funds in your account and
you do not play any game or place
any trade on the site for a period
of 36 consecutive months, the
Company will advise you in writing;
and, thereafter, the Company may
charge a monthly management fee of
USD/GBP/EUR 30 until the account is
used for trading or the funds are
withdrawn.
23. Investors are required to pay a
Trading Commission Fee of 10% of
their earned profit b, after which
their submitted account will be
funded.
24. Only one account is
allowed per customer. The Company
reserves the right to close any
duplicate accounts. In respect of
any such duplicate accounts that are
located, the Company reserves the
right to cancel any transactions on
the duplicate account. The Company
also reserves the right to suspend
or close any account and cancel any
associated transactions where the
account holder and the owner of the
funding instrument are not the same.
Employees of the Company may not
open an account or register on this
site whether in their own name or on
behalf of another.
25. You may choose to contact us to
close your account held with the
Company. Your account may be closed
if you do not have any open trade
positions and if you have complied
with the requested “Know Your
Client” procedures to enable you to
withdraw any pending funds in your
account. The Company may, at its
sole discretion, exclude selected
players from receiving the selected
promotions such as bonuses, free
plays/trades, money-back specials,
and/or any other promotions and
offers introduced by the Company
from time to time.
26. Notices and other communications
delivered or mailed to the postal
address or to the electronic-mail
address provided by you shall, until
we have received notice in writing
of any different address, be deemed
to have been personally delivered
and received once sent, whether
actually received or not.
27. You may only open an account at
this site on condition that:
• you have read these Legal Terms and Conditions in full and understood that all actions you take on this site are subject to these Terms and Conditions;
• you have read our privacy statement and hereby give us consent to process your personal information as outlined therein;
• you are over 18 years of age, unless you are an Estonian resident whereby you would have to be over 21;
• you have sufficient experience and knowledge in matters of financial markets to be capable of evaluating the merits and risks of the tournaments, games of skill, and/or trading available via this site and have done so without relying on any information contained at this site.