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Terms of service

Article 1 (General Rules)

This Terms and Conditions (“Terms”) governs the terms under which Myforex Investment Ltd. (“Company”) provides the Services (defined below).

Article 2 (Definition)

  1. “Services” shall mean collectively the Website (defined below), the services provided through the Website and any other ancillary services in connection to the Website.
  2. "Website" shall mean https://***.myforex.com/, a site operated by the Company
  3. “Potential User” shall mean a person that wishes to become a User (defined below).
  4. “User” shall mean a person that utilises any of the Services.
  5. “Service Agreement” shall mean the agreement concluded between the Company and the User regarding the usage of the Services, which includes, without limitation, these Terms and other rules and policies published on the Website.
  6. “User ID” shall mean the identification code, composed of a combination of any of the letters of the Latin alphabet, numbers and/or symbols.
  7. “User Login Information” shall mean the email address, registered by the User, in order to identify the User and allow the User to utilise the Services.
  8. “Password” shall mean the character string, set by the User, composed of a combination of any of the letters of the Latin alphabet, numbers and/or symbols, used to protect the personal information of the User as well as allowing the User to use the Services and identify the User.
  9. “User Registration Information” shall mean the information provided by the Potential User in order to become a User, as required by the Company, in addition to any other information the User may choose to provide the Company in order to utilise the Services.
  10. “Contents” shall mean any text, pictures, diagrams, video, audio, program, data, files, information and other such materials, whether tangible or otherwise.

Article 3 (Scope of application)

  1. These Terms will be applicable to the Website, the Services, the Company and the User.
  2. If the Company decides to add individual policies and/or terms, they will be considered as an integral part of these Terms. If the individual policies and/or terms contract the Terms, the individual policies and/or terms (as applicable) shall prevail.
  3. The links on the Website are for informational purposes only and the Company shall not be responsible for the access to such websites. The websites shall be governed by the terms and conditions given on the respective websites and the person accessing such website shall be responsible for informing themselves about the terms and conditions of the said website.

Article 4 (User Obligation)

  1. The User shall be responsible for obtaining, organising and paying for the necessary equipment, software, contracting an internet service provider and other requirements to utilise the Services.
  2. The User is responsible for the management of their own User Login Information and Password. Furthermore, the User must not lend, transfer, change the owner information, sell, loan or pledge the User Login Information and/or the Password, and shall not allow any third party to use the User Login Information and/or Password, regardless of the method.
  3. The User shall be responsible for any actions taken under their User ID through the Services. If the User receives any complaints or claims for damages from any third party while using the Services, the User shall be responsible for settling such complaints or claims, including all costs related to such settlement.
  4. The Company shall not be responsible for any damages caused by third parties using the User’s User Login Information and/or their Password, whether through negligence or intentionally. Furthermore, any Services utilised under the User Login Information and its corresponding Password shall be deemed as been utilised by the User and the User shall be responsible for all costs of any paid service.
  5. If there has been any change in the User’s information, the User must update the User Registration Information within 14 days of such change.
  6. If any notices are not received by the User due to the User not updating the User Registration Information, the Company shall be deemed as having provided the notification within the usual timespan required for notices to reach the User, had the User updated the User Registration Information as required under these Terms.
  7. If the User causes any damages to the Company or other third parties through the usage of the Services (including, but not limited to, the User’s breach of these Terms), the User shall settle such damaged under their own responsibility and costs. Should the Company receive any claims of damages from any third parties due to the User’s actions, the User shall reimburse the Company all the damages and costs related to the settlement of such claims (including, but not limited to, the reasonable legal costs and other indirect costs).

Article 5 (Prohibited matters)

The User shall not conduct any of the following or conduct any action that may lead to the following, while utilising the Services. The User must also abide by these Terms as well as any other individual terms, conditions and policies that the Company may have implemented from time to time.

  1. Disclose any information, such as, but not limited to, real names, addresses, telephone numbers (whether landline or mobile), email addresses, number plates or any other information that may allow the identification of an individual and/or constitute a breach of privacy.
  2. Breach any intellectual property rights, industrial property rights (including, but not limited to patent rights and trademark rights).
  3. Breach any personality rights, privacy rights or any other rights afforded by law.
  4. Conduct anything that may constitute acts that are or may be offensive to public order and morals.
  5. Conduct anything that may breach any other laws or rights.
  6. Register using another person’s personal information, submit false data and any other similar act on the Website.
  7. Use this Website for business research purposes (whether individual or corporate).
  8. Use this Website to offer any discounts, introductions, request for introductions or donations.
  9. Use this website to spread affiliate links or send affiliate messages.
  10. Impersonate other people.
  11. Sell or transfer User Login Information.
  12. Use the Services through the utilisation of unauthorised methods of access or non-publicised methods of access (including, but not limited to the usage of another person’s User Login Information and/or Password).
  13. Use, provide or conduct anything that may lead to the usage or the provision of harmful software such as, but not limited to, computer viruses.
  14. Conduct anything that may lead to the loss of trust of this Website.
  15. Falsification, modification or anything that may lead to the falsification or modification of this Website.
  16. Collect other people’s personal information.
  17. Other matters the Company may decide as being inappropriate.

Article 6 (suspension / suspension of use)

  1. If there is a complaint from a third party and/or the Company decides reasonably that the User may and/or has breached any of the conditions stated in Article 5 above, the Company may unilaterally choose to stop the said breaching User from using the Services until such time as the said complaint and/or breach is remedied by the User, and the User shall agree to such terms.
  2. In the case of Clause 1 above, the Company shall provide a notice to the User requesting that the User remedy the potential and/or realised breach or complaint within the period of time decided by the Company, and the User shall use any possible means to remedy the situation.
  3. Should the User not follow the notice provided to the User under Clause 2 above, the Company may choose the terminate the User from using the Services, and the User shall agree to such termination.

Article 7 (Suspension or cancellation of user ID)

  1. If the Company finds that the User falls under any of the below, the Company may choose to terminate the User ID, and the User shall agree to such termination.
    1. Breach of any of Article 4.
    2. Breach of any of Article 5.
    3. The Company determines that the termination is required for the maintenance of the Services.
    4. When a minor is using the Services without the permission of a legal representative.
    5. When the User is using the Services without the express agreement of their legal guardian, care-taker or any other person, whom the User is required to obtain agreement from.
    6. Any other situation the Company deems the termination of the User ID is required.
  2. If the Company terminates the User ID in accordance with Clause 1 above, the User has 1 (one) month from the date of termination to provide evidence that the User does not fall under any of the conditions stated in Clause 1 above. If such evidence is not provided, the Company may terminate the Service Agreement with the User.
  3. If the User does not remedy the situation under which the User was terminated for under Clause 1 above within the period of time notified by the Company, the Company may choose to terminate the Service Agreement with the User.
  4. If the Company decides that the User falls under any of the conditions stated in Clause 1 above and there is a possibility that the business operations of the Company may be impeded, the Company may choose to terminate the Service Agreement with the User immediately without notifying the User.
  5. If the User falls under any of the conditions stated in Clauses 1 to 4 above, the Company may choose to delete the User ID of the offending User.
  6. The User shall be responsible for all damages, including, but not limited to, damages to third parties, cause by the termination of the User ID and/or the Service Agreement, and the Company shall bear no responsibility for such damages.

Article 8 (Handling of personal information and user registration information)

The Company shall handle all personal information, including, but not limited to, User Registration Information, in accordance with the separately published Privacy Policy on the Website.

Article 9 (Change, interruption, cancellation, addition and abolition of this service)

  1. The Company may choose to change, edit, add and/or terminate all or part of the Services, without notifying the User in advance.
  2. The Company may choose to discontinue all or part of the Services. If the Company chooses to discontinue all or part of the Services, the Company may choose to notify the User of such discontinuation, but if the discontinuation is urgent, the Company may not issue such notice.
  3. If one or a combination of the following occur, the Company may temporarily suspend all or part of the Services, without notifying the User:
    1. The hardware, software, communications facilities and/or any other similar material require regular or emergency maintenance;
    2. The Company is unable to receive the services of the electricity provider;
    3. Natural disasters and other force majeure situations;
    4. Fire, electricity outage and other unforeseen problems;
    5. Wars, conflicts, turmoil, riots, labour disputes, demonstrations and other similar events that prevent the provision of the Services; or 
    6. Other situations as the Company may decide;
  4. The Company shall not be responsible for any damages caused by any changes, additions, discontinuation, termination and/or suspension stated in this Article.

Article 10 (Attribution of copyright, etc.)

  1. All rights pertaining to the Contents of these Services belong to the Company and the licensor of the relevant materials, who has provided a license to use the materials. The User may not allow any third party to use or utilise beyond private usage any of the Contents, without the express permission of the Company and the relevant licensor.
  2. If any problems arise due to he User’s breach of this Article, the User shall, at their own cost and responsibility, remedy such problem and shall not burden or cause any damage to the Company and/or any third party.
  3. All trademarks, logos, service marks and other similar materials (“Trademarks”) are either the Company’s or a third-party licensor’s Trademarks, whether registered or not. The Company does not license not transfer the rights to the Trademarks through these Terms, and the User shall not register the Trademarks. The User shall not register nor exercise the right transfer registration of any patent right, utility model right, design right, trademark right (including the right to receive the patent and utility model right) and the copyright (program right, document) related to the Services regardless of the country /region. You must not apply for or exercise the right transfer registration (rights, routines, modules, etc.).

Article 11 (Disclaimer)

Notwithstanding the forgoing, the Company shall be exempt from liability under the following conditions:

  1. In the event that there is a dispute between a third party (including, without limitation, other Users) and a User, the Company shall not be held responsible whatsoever, and the User shall settle such dispute at their own cost and responsibility. The Company shall not intervene nor take part in any dispute whatsoever;
  2. The Website may provide information that may aid the User in making their investment decisions, but it does not aim to solicit the User to make an investment. The final decision as to whether to make an investment lies with the User and the Company does not partake in such decision nor shall the Company be responsible for any investment decision the User may or may not make;
  3. There may be information on the Website that include matters such as, but not limited to, future performances and events. These are forecasts and there is no guarantee on their preciseness, accuracy or trustworthiness. The Company shall not be responsible for any damages caused by relying on such information, and the Company has no obligation to update nor correct such information.
  4. Excluding cases of the Company’s intentional or serious negligence, the Company shall not be responsible for any damages, whether direct or indirect, whatever the cause.

Article 12 (Revision of Terms)

The Company may change, add, modify or delete all or a part of these Terms as the Company sees fit, and shall publish the new Terms on the Website. The new Terms shall be effective from the date the new Terms are published on the Website, and the continued usage of the Services by the User shall be deemed as the acceptance of the new Terms by the User.

Article 13 (Governing Law)

The Terms and any legal relationship between the User and the Company shall be governed by the laws of the Republic of Seychelles.

Article 14 (Agreement jurisdiction)

If there are any disputes between the User and the Company in relation to the Services, the parties shall solve the dispute through amicable discussions. Should the dispute not be settled through amicable discussions between the parties, the parties shall agree irrevocably and unconditionally to submit the dispute to the jurisdiction of the courts of Victoria, Republic of Seychelles.

These Terms are effective from 15 December 2021. 
Established: 15 December 2021

MYFOREX INVESTMENT LTD

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