Terms and Conditions
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Acceptance of Terms
- By registering on the Forexiw Markets LTD website, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions, our Privacy Policy, and any other applicable laws and regulations. If you do not agree with any part of these Terms and Conditions, you must not use our services.
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Eligibility
- 2.1 Age Requirement: You must be at least 18 years old or the age of majority in your jurisdiction, whichever is greater, to register and use our services.
- 2.2 Country Restrictions: Our services are not available to residents of certain countries. Forexiw Markets LTD reserves the right to restrict or refuse services to individuals from specific jurisdictions due to legal, regulatory, or policy reasons. A current list of restricted countries can be found on our website.
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Personal Information Accuracy
- 3.1 You agree to provide accurate, current, and complete information during the registration process. You are responsible for updating your information to keep it accurate, current, and complete. Providing false or misleading information may result in the suspension or termination of your account.
- 3.2 You consent to the collection, use, and sharing of your personal information as outlined in our Privacy Policy.
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Privacy and Data Protection
- 4.1 Your personal information will be collected, stored, and processed in accordance with our Privacy Policy. We are committed to protecting your privacy and ensuring that your personal data is secure. Your information will not be shared with third parties without your explicit consent, except as required by law.
- 4.2 We implement appropriate technical and organizational measures to protect your personal data against unauthorized access, misuse, and loss.
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Account Security
- 5.1 You are responsible for maintaining the confidentiality of your account information, including your username and password. You are fully responsible for all activities that occur under your account.
- 5.2 You agree to notify Forexiw Markets LTD immediately of any unauthorized use of your account or any other breach of security.
- 5.3 Forexiw Markets LTD is not liable for any loss or damage arising from your failure to comply with this security obligation.
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Anti-Money Laundering (AML) and Know Your Customer (KYC) Compliance
- 6.1 Forexiw Markets LTD is committed to complying with all applicable AML and KYC laws and regulations.
- 6.2 You agree to provide all necessary documentation and information required for identity verification and compliance with AML and KYC policies. This may include, but is not limited to, a government-issued ID, proof of address, and information on the source of funds.
- 6.3 Forexiw Markets LTD reserves the right to suspend or terminate your account if you fail to comply with our AML and KYC requirements or if your actions are found to be in violation of applicable AML laws.
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User’s Responsibility for Funds
- 7.1 By depositing funds into your Forexiw Markets LTD account, you declare that the funds are legally obtained and free from any third-party claims.
- 7.2 You agree to provide, upon request, any documentation or information necessary to verify the legality and origin of the funds.
- 7.3 Forexiw Markets LTD reserves the right to investigate and take appropriate action, including freezing the account or returning the funds, if there are any concerns regarding the legality or source of the funds.
- 7.4 You acknowledge and accept that Forexiw Markets LTD is not responsible for any issues arising from the use of funds that are not legally obtained or that have any third-party claims.
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Trading Rules
- 8.1 You agree to comply with all applicable trading laws, regulations, and rules. You acknowledge that trading in financial instruments involves significant risks, and you accept all risks associated with trading.
- 8.2 Forexiw Markets LTD does not provide investment advice. Any information provided on our platform is for informational purposes only and should not be construed as financial advice.
- 8.3 You are solely responsible for your trading decisions and actions. Forexiw Markets LTD will not be liable for any loss or damage arising from your use of our services.
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Limitation of Liability
- 9.1 Forexiw Markets LTD will not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising out of or in connection with your use of our services, including but not limited to trading losses.
- 9.2 You agree that Forexiw Markets LTD is not responsible for any technical failures, interruptions, or malfunctions of the platform, internet, or any third-party systems that may affect your trading activities.
- 9.3 Forexiw Markets LTD does not guarantee any profit or protection from losses. You acknowledge and accept that trading involves inherent risks.
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Changes to Terms and Conditions
- 10.1 Forexiw Markets LTD reserves the right to modify these Terms and Conditions at any time. Any changes will be posted on our website, and your continued use of our services after such changes have been posted constitutes your acceptance of the revised Terms and Conditions.
- 10.2 It is your responsibility to review these Terms and Conditions periodically to ensure you are aware of any changes.
- Account Suspension and Termination
- 11.1 Forexiw Markets LTD reserves the right to suspend or terminate your account at its sole discretion, without notice, for any reason, including but not limited to a violation of these Terms and Conditions, suspicious activities, or legal reasons.
- 11.2 Upon termination of your account, any pending transactions will be cancelled, and any remaining balance will be returned to you, subject to any applicable fees and charges.
- Intellectual Property
- 12.1 All content, trademarks, service marks, trade names, logos, and icons are the property of Forexiw Markets LTD or its licensors and are protected by intellectual property laws.
- 12.2 You agree not to copy, modify, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any information, software, products, or services obtained from Forexiw Markets LTD without prior written consent.
- Governing Law
- These Terms and Conditions shall be governed by and construed in accordance with the laws of the jurisdiction in which Forexiw Markets LTD operates, without regard to its conflict of law principles. Any legal action or proceeding arising under these Terms and Conditions will be brought exclusively in the courts located in that jurisdiction.
- Dispute Resolution
- In the event of any dispute, claim, or controversy arising out of or relating to these Terms and Conditions, the parties shall attempt in good faith to resolve the dispute through negotiation. If the dispute cannot be resolved through negotiation, it shall be submitted to binding arbitration in accordance with the rules of the jurisdiction in which Forexiw Markets LTD operates.
- Complaints and Queries
- 15.1 For any complaints or queries regarding our services, please contact our Customer Service team at [email protected].
- 15.2 We aim to resolve complaints promptly and fairly in accordance with our Complaint Handling Policy.
- Miscellaneous
- 16.1 These Terms and Conditions, along with any other legal notices and agreements published by Forexiw Markets LTD, constitute the entire agreement between you and Forexiw Markets LTD regarding the use of our services.
- 16.2 If any provision of these Terms and Conditions is found to be invalid or unenforceable, the remaining provisions will continue to be valid and enforceable.
- 16.3 The failure of Forexiw Markets LTD to enforce any right or provision of these Terms and Conditions will not be deemed a waiver of such right or provision.
- Definitions
- 17.1 Key terms such as “user,” “services,” “account,” and others are defined as follows:
- User: Any individual who registers and uses the services provided by Forexiw Markets LTD.
- Services: The trading solutions and related services offered by Forexiw Markets LTD.
- Account: The personal account created by the user to access Forexiw Markets LTD services.