Note:The English version of this agreement is the governing version and shall prevail whenever there is any discrepancy between the English version and the other versions.
In consideration of Nextrade Worldwide Limited (hereafter the “Company”) agreeing to engage into binary options trading with the undersigned (hereinafter referred to as the “Customer”, “you”, “your”), Customer acknowledges, understands and agrees with the risks, including but not limited:
Trading in binary options is highly speculative and is suitable only for those customers who:
understand and are willing to assume the economic, legal and other risks involved:
are financially able to assume the loss of their total investment understand and are knowledgeable about binary options trading and the underlying assets.:
The Company will provide the prices to be used in trading and valuation of Customer positions in accordance with its Terms and Conditions . Our Binary and Pair Options are not listed and/or traded on any exchange. The prices and other conditions are set by us, and the calculation of the price to be paid (or the payout to be received) at the time the financial contract is purchased or sold, will be based on the Company's best estimate of market prices and the expected level of interest rates, implied volatilities and other market conditions during the life of the financial contract. The prices and other conditions are based on complex arithmetic calculations. Each Binary and Pair Option you open constitutes a contract with us; these contracts can be closed only with us, and are not transferable to any other person.
You have no rights or obligations in respect of the underlying instruments or assets relating to your binary options trading.
Where the Company provides generic market recommendations, such generic recommendations do not constitute a personal recommendation or investment advice and have not considered any of your personal circumstances or your investment objectives, nor is it an offer to trade, or the solicitation of an offer to trade, in any binary options. Each decision by Customer to trade in binary options with the Company and each decision as to whether a transaction is appropriate or proper for Customer is an independent decision made by the Customer. The Company is not acting as an advisor or serving as a fiduciary to Customer. Customer agrees that the Company has no fiduciary duty to Customer and no liability in connection with and is not responsible for any liabilities, claims, damages, costs and expenses, including attorneys’ fees, incurred in connection with Customer following the Company’s generic trading recommendations or taking or not taking any action based upon any generic recommendation or information provided by the Company.
The generic market recommendations provided by the Company are based solely on the judgment of the Company’s personnel and should be considered as such. Customer acknowledges that it enters into any Transactions relying on its own judgment. Any market recommendations provided are generic only and may or may not be consistent with the market positions or intentions of the Company and/or its affiliates. The generic market recommendations of the Company are based upon information believed to be reliable, but the Company cannot and does not guarantee the accuracy or completeness thereof or represent that following such generic recommendations will reduce or eliminate the risk inherent in trading in binary options.
There are no guarantees of profit nor of avoiding losses when trading in binary options. Customer has received no such guarantees from the Company or from any of its representatives. Customer is aware of the risks inherent in trading in binary options and is financially able to bear such risks and withstand any losses incurred.
When Customer trades online (via the internet), the Company shall not be liable for any claims, losses, damages, costs or expenses, caused, directly or indirectly, by any malfunction or failure of any transmission, communication system, computer facility or trading software, whether belonging to the Company, Customer, any exchange or any settlement or clearing system.
Stockpair Online Trading System provides immediate transmission of Customer’s Order once Customer enters the notional amount and clicks “BUY” .This means that there is no opportunity to review the Order after clicking “BUY” or “SELL” and market orders cannot be cancelled or modified. This feature may be different from other trading systems you have used Customer acknowledges and agrees that by using Stockpair Online Trading System, Customer agrees to the one-click system and accepts the risk of this immediate transmission/execution feature.
The Company participates in the Investor Compensation Fund for clients of Investment Firms regulated in the Republic of Cyprus. Customers will be entitled to compensation under the Investor Compensation Fund where we are unable to meet our duties and obligations arising from your claim. Any compensation provided to you by the Investor Compensation Fund shall not exceed twenty thousand euro (EUR 20.000). This applies to your aggregate claims against us.
This Risk Disclosure is part of the Terms and Conditions. The customer should also read the Trading Rules set by the company and appear on the website.