TradersRoom is a brand of ChargeXP Investments Ltd, Cyprus
TERMS OF USE
1. General
This Agreement describes the terms, conditions and risks applicable to your use of our services available under the domain of www.tradersroom.com (the "Site"). If you have any questions regarding this Agreement please contact Customer Support.
You must read, agree with and accept all of the terms and conditions contained in this Agreement without modifications, which include those terms and conditions expressly set forth below and those incorporated by reference, before you may become a customer of TSR. By continuing to access or use the Site, you agree to follow the terms and conditions of this Agreement as they may apply to you.
This Agreement is effective upon acceptance in registration for newly registering customers, or upon receipt of e-mail notification by other users.
If you do not agree to be bound by the terms and conditions of this Agreement, do not use or access our services, and inform us in writing immediately.
2. Online Services Agreement
This Agreement is made by and between TSR and you.
3. Membership Eligibility
The Services are available to and may only be used by individuals or companies who can form legally binding contracts under the law applicable to their country of residence. Without limiting the foregoing, our Services are not available to persons under the age of 18 or otherwise under legal age ("Minors"). If you are a Minor, you may not use this service. IF YOU DO NOT QUALIFY, PLEASE DO NOT USE OUR SITE.
For avoidance of doubt, we shall not be responsible for any unauthorized use by Minors of our Services in any way or manner.
Furthermore, our Services are available only to, and may only be used by individuals who have sufficient experience and knowledge in financial matters to be capable of evaluating the merits and risks of acquiring financial contracts via this Site and have done so without relying on any information contained in this Site. You shall bear sole responsibility for any decision made and/or to be made by you relying on the content of the Site.
Without derogating from the above provision, we shall not be responsible for verifying and/or checking whether you do not possess such sufficient knowledge and/or experience, nor shall we be responsible for any damage and/or loss incurred by you due to and/or related to the Site, transactions carried out by you and/or your use of the Services.
4. Registration Information and Requirements
When you register for the service, TSR will ask you to provide certain
identifying information.
You are responsible for securing your Username and Password for your account with TSR. You hold sole responsibility for any damage caused due to any act or omission by you causing inappropriate or irregular use of your account.
You agree to provide true, accurate, current and complete information about yourself during the registration process, and you also agree not to impersonate any person or entity, misrepresent any affiliation with another person, entity or association, use false headers or otherwise conceal your identity from TSR for any purpose. If you are registering as or for a business entity, you hereby declare that you have the authority to bind that entity to this Agreement.
5. Legal Restrictions
Without limiting the foregoing, you understand that laws regarding financial
contracts vary throughout the world, and it is your obligation alone to ensure
that you fully comply with any law, regulation or directive, relevant to your
country of residency with regards to the use of the Site.
For avoidance of doubt, the ability to access our Site does not necessarily mean that our Services, and/or your activities through it, are legal under the laws, regulations or directives relevant to your country of residency.
6. Limited License
TSR grants you a non-exclusive, non-transferable and limited personal license to access and use the Site (the "License"). The License is conditioned on your continued compliance with the terms and conditions of this Agreement.
You agree not to "deep-link" to the Site, resell or permit access of the Site to others, and not to copy any materials appearing on the Site for resale or for any other purpose to others without the prior written consent of TSR.For avoidance of doubt, you shall be responsible and bound by any unauthorized use of the Site, made in breach of this section.
You agree to use the information received from the information systems of TSR for the sole purpose of executing transactions inside and within the Site. You further agree not to use any electronic communication feature of a Service on the Site for any purpose that is unlawful, tortuous, abusive, and intrusive on another's privacy, harassing, libelous, defamatory, embarrassing, obscene, threatening or hateful.
The License granted under this Agreement will terminate if TSR believes that any information provided by you, including your e-mail address, is no longer current or accurate, or if you fail to otherwise comply with any term or condition of this Agreement and all rules and guidelines for each service or TSR establishes that you have abused in any way (including but not limited to engaging in a transaction out of market rates) the TSR trading platform.
7. Risk Disclosure
Trading in financial markets in general and purchasing digital options in particular is speculative and involves extremely high risk and high financial leverage. It is manifestly stated by you that you fully understand that minor differences in market prices may occur in short time periods and may cause high profits or losses in relation to the securities, as high as total loss of all securities, all in a short time period and that there is no existing method that can assure profits from transactions in financial markets.
By registering to the Site and carrying out each transaction, you hereby
approve that you are aware of the following:
(i) The type of transactions offered on the Site may be
considered special risk transactions and carrying them out might involve high
level of risk.
(ii) You have full information and knowledge regarding options, including binary options and the risks involved in options transactions in general and digital options transactions in particular. Carrying out transactions is at your sole discretion and you hereby undertake the risks involved in such transactions and have the financial capability to finance the aforesaid transactions.
(iii) In the event of purchasing binary options you might
expose yourself to considerable loss of the invested money or even to total
loss of the securities.
(iv) You have read the terms of purchasing options prior to the purchase and fully understand the consequences and results of success or failure.
(v) You know that incorrect investment may cause considerable loss.
(vi) You know that an option's lifetime may be as short as a few minutes.
8. Financial Information
TSR may make available to you through one or more of its Services a broad range of financial information that is generated internally or obtained from agents, vendors or partners ("Third Party Providers"). This includes, but is not limited to, financial market data, quotes, news, analyst opinions and research reports, graphs or data ("Financial Information").
Financial Information provided on this Site is not intended as investment advice. TSR does not endorse or approve the Financial Information, and we make it available to you only as a service for your own convenience. TSR and its Third Party Providers do not guarantee the accuracy, timeliness, completeness or correct sequencing of the Financial Information, or warrant any results from your use or reliance on the Financial Information.
Financial Information may quickly become unreliable for various reasons
including, for example, changes in market conditions or economic circumstances.
Neither TSR nor the Third Party Providers are obligated to update any
information or opinions contained in any Financial Information, and we may
discontinue offering Financial Information at any time without notice.
It is your duty to verify the reliability of the information on the Site and its appropriateness to your needs in comparison with other reliable sources of information. We will hold no responsibility for allegedly caused claim, cost, loss or damage of any kind resulting from information presented on the Site or due to information the Site referred to.
9. Links
TSR may provide a link to other sites that are controlled or offered by third parties. Such link to a site or sites is not an endorsement, authorization, sponsorship or affiliation with respect to such site, its owners or its providers.
TSR cautions you to ensure that you understand the risks involved in using such sites before retrieving, using, relying upon or purchasing anything via the Internet.
10. Trading Rescission
11. Limited Liability
We undertake to supply steady Services on the Site. However, we do not guarantee that Services will not be interrupted, will be supplied steadily with no rescission, will be safe and error-free and will be immune from unauthorized access to the Site's servers or from damages, malfunctions or failures in hardware, software, communication lines and in systems, in the supply of continuous trading data, on your computers and at our suppliers or agents.
Supplying Services by us depends, inter alia, on third parties and we bear no responsibility for any actions or omissions of third parties and bear no responsibility for any damage and/or loss and/or expense caused to you and/or any third party as a result of and/or in relation to any aforesaid action or omission.
We will bear no responsibility for any damage of any kind allegedly caused to you which involves force majeure or any other external event uncontrolled by us which has influenced the Services and trading on the Site.
IN NO EVENT SHALL TSR, ITS OFFICERS, DIRECTORS OR EMPLOYEES BE LIABLE FOR LOST PROFITS OR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR IN CONNECTION WITH OUR SITE, SERVICES OR THIS AGREEMENT (HOWEVER ARISING, INCLUDING NEGLIGENCE) EXCEPT AS STATED IN THIS AGREEMENT.
THE LIABILITY OF TSR ITS OFFICERS, DIRECTORS OR EMPLOYEES, TO YOU OR ANY THIRD PARTIES IN ANY PROVEN CIRCUMSTANCE IS LIMITED TO THE AMOUNT OF MONEY YOU TRANSFERRED OR DEPOSITED IN YOUR ACCOUNT ON THE SITE IN RELATION TO THE TRANSACTION GIVING RISE TO SUCH LIABILITY.
12. TSR's privileges in Client's accounts
You agree that (a) if you breach any of your obligations according to this Agreement; (b) if you are insolvent or bankrupt or in procedure of bankruptcy, reorganization, insolvency or any equivalent procedure; or (c) if TSR, at its sole discretion, finds it necessary in order to defend itself, it may, at any time and with no prior notice to you (1) terminate, cancel and/or close all or part of the transactions between you and T and calculate damages caused to TSR as it sees fit; (2) pledge, transfer, or sell the balance and/or securities in your account(s); or (3) perform any action which TSR, at its sole discretion, sees fit to cure the breach. TSR may perform the aforesaid actions without prior notice.
You confirm and agree that TSR might impose restrictions on trade, payments, Services or any other restriction on your account if required by law, including without limitation, court order, tax authority, enforcement authorities and any other official authority requirement. You agree that TSR might be required to payoff or block amounts of money existing in your account to fulfill requirements of the aforesaid authorities and you will have no right, claim or demand from TSR in respect of losses caused in your account due to any such action and you undertake to indemnify TSR upon TSR's first notice for any damage caused by TSRs aforesaid action.TSR cannot accept request to modify or cancel an order received from you and you will be bound to the original order and its consequences.
You will not assume that a specific order was executed unless you receive an official report from TSR which approves the execution of the specific order. It is your responsibility to verify the status of the pending orders prior to carrying out other orders. You will bear responsibility if an order(s) is identical to a pending order(s) also in the event that the additional order(s) is causing negative balance in your account.
In the event that you wish to withdraw the entire balance in your account and close the account, you must withdraw the balance and deliver to TSR a written notice to that effect; following the withdrawal (if any) TSR will close the account. You undertake to duly fill in the withdrawal request form and deliver to TSR full and accurate details for the money transfer from your account. TSR will hold no responsibility for any damage caused to you due to inaccurate or wrong details delivered by you.
You are responsible for reading order confirmation and account reports delivered by TSR either by email or mail or in any other form, immediately following your receipt thereof. TSR shall consider the reports accurate unless you object within 3 business days. In the event of such objection, TSR has the right to determine the validity of the objection.
13. Various Means of Deposits and Withdrawals.
According to the requirements of anti-money laundering laws and regulations, when performing a deposit by way of bank transfer, you are required to use a single bank account located in your state of domicile and registered in your name. You have to deliver an official confirmation of transfer stating full details of the transferring bank account and verify that the deposit order is carried out according to TSR's requirements as to your identification details and those of your account. Lack of aforesaid confirmation or incompatibility between the account details and your details in your account on the Site might cause a rejection or loss of the request, transfer to a wrong account or recall of the deposit amount to the transferring bank and eventually to the annulment of the deposit order. Any withdrawal from the account on the Site, carried out (if at all) by bank transfer, will be transferred solely to the bank account from where the deposit was originally received.
If and as far as TSR will allow payment by other means of payment (e.g. internet transfer services): when carrying out deposits by means which are not cards and/or bank accounts you hereby agree and confirm that you are obliged and committed to regulations and rules applying to such services as determined in their terms of use (if any) and in applicable law, which may include, inter alia, commissions and other restrictions. TSR, at its sole discretion, might carry out withdrawal orders by alternative means to those which have been used in the original deposit order, subject to anti-money laundering laws and regulations.
TSR will pay you profits from your account on the Site by way of checks or transfer to your card account that was used when the deposit was made, and following your withdrawal order to instructions presented on the Site. TSR will make its best effort to pay you in accordance with your chosen mean. Without prejudice to the aforesaid, TSR reserves the right to pay your profits by different means in accordance with your type of card and/or TSR's internal regulations. Clients who executed the deposit with 'Visa' card will be allowed to carry out profit withdrawals solely to the card account and not by way of checks. In the event of withdrawal order by check, the check will be sent within 3 business days to the address designated by you in the withdrawal request. Card withdrawal shall be performed at times and according to the card company's procedures.While withdrawal request is pending (meaning you have not received withdrawal confirmation from TSR), you may order stop withdrawal, according to the instructions presented on the Site, and recall the money to your account on the Site. Executing stop withdrawal will make the amounts meant to be withdrawn immediately available in the account on the Site. You agree and confirm that if the withdrawal request is completed (meaning you have received withdrawal confirmation from TSR), stop withdrawal request is not possible.
Subject to the aforesaid, if you have requested to carry out two or more withdrawals and then requested to carry out a stop withdrawal, you may first cancel the former withdrawal request. After stopping one withdrawal, you may stop the following one and so on.
14. Law and Jurisdiction
15. Intellectual Property
Copyrights, trade marks and other intellectual property rights ("IP") on the Site and Services are the property of TSR or of third parties which have authorized TSR to use such IP on the Site and Services. Without prejudice to the aforesaid, TSR is the sole owner of names, trademarks, patents and designs on the Site, whether registered or not, of trade secrets concerned with the Site's operation and Services, of the Site's design, of technical data concerned with the Site, including without limitation, software, applications, graphic files and other files, computer codes, texts and/or any other material included in it, excluding Client Information as defined below (the "Information"). It is forbidden to copy, distribute, duplicate, present in public, or deliver the Information, in whole or in part, to third parties. It is forbidden to alter, advertise, broadcast, transfer, sell, distribute or make any commercial use of the Information, in whole or in part, except with duly signed prior permission from TSR.
Unless explicitly stated otherwise, any material and/or message, including without limitation, idea, knowledge, technique, marketing plan, information, questions, answers, suggestions, emails and comments ("Client Information") delivered to TSR shall not be considered Client's confidential or proprietary right. Consent to the Agreement will be considered as authorization to TSR to use the entire Client Information (excluding Client Information designated for personal identification), including development of such Client Information according to and in favor of TSR's needs, including public relations and promotion of the Site in the media, at the absolute and sole discretion of TSR, including on the Internet, press, and/or television, and all without requirement of any additional permission from TSR and/or the payment of any compensation due to such use.
You undertake that any notice, message or any other material supplied by you shall be appropriate and shall not harm other persons including their proprietary rights. You shall not upload to the Site and/or send through the Site any illegal information and/or harmful and/or disturbing to other clients and users of the Site, and/or any advertising and commercial material, and you shall avoid any action which might damage TSR.
16. Indemnification
You will indemnify TSR and its agents, employees, directors, successors and their assignees ("Indemnified Persons") against any and all liabilities, losses, damages, costs, and expenses (including reasonable attorney's fees) incurred by the Indemnified Persons and arising out of your failure to fully and timely comply with your obligations set forth in this Agreement and/or as a result of any breach of any applicable laws or regulations and/or out of TSR's need to enforce such liabilities.
In the event that there is any liability by you to the Indemnified Persons under the indemnity provisions of the clause hereinabove, TSR shall have the right to set-off that amount against any balance held to the credit of the account opened by you on the Site.
17. Entire Agreement & Amendments
This Agreement, including all Annexes, constitutes the entire Agreement among the parties hereto and supersedes any and all prior agreements or understandings among the parties, if any, with respect to the subject matter of this Agreement.
TSR may amend the terms of this Agreement from time to time by posting the amended terms on the Site. You are responsible for checking whether the Agreement was amended. Any amendment shall come into force as of the day it was published on the Site. If you do not agree to be bound by the changes to the terms and conditions of this Agreement, do not use or access our Services, and inform us in writing immediately.
TXSR shall not be bound by any waiver unless made by a duly signed written instrument by TSR and no waiver or amendment of this Agreement may be implied from any course of dealings between the parties or from any failure by TSR to enforce its rights hereunder.
18. Assignment
TSR is entitled to assign its rights and/or liabilities according to the
Agreement by a notice to you. You have no right to assign your rights and/or
liabilities unless a prior written consent to that effect was given by TSR, and
whether or not such consent shall be given is at TSR's sole discretion.
19. Term and Termination
The term of the Agreement shall be unlimited, however TSR will be allowed to
terminate this Agreement at any time by notice to you
("Termination").
As of Termination, you shall not be able to carry out new transactions.
20. Severability
If any provision in this Agreement or its implementation towards any person or
in any circumstance shall be invalid, illegal or unenforceable, the remainder
of the terms of this Agreement and its implementation shall not be affected and
will be enforceable in any manner allowed by law.
21. Communications and delivery of notices
Reports and any notice hereunder may be sent to you at the address set forth in this Agreement, or such other address notified by you in writing to TSR from time to time. All communications sent to you shall be deemed delivered, at the time of delivery if sent by email, facsimile, by hand delivery or notified through the Internet trading platform or within 3 business days if posted by mail. Communications by you shall be deemed delivered only when actually received by TSR.
