Terms and Conditions

Terms and Conditions

Terms and Conditions

PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY. BY ACCESSING THIS WEBSITE YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS BELOW PERTAINING TO BOTH THIS SITE AND ANY MATERIAL ON IT. IFX4U RESERVES THE RIGHT TO CHANGE THESE TERMS AND CONDITIONS AT ANY TIME WITHOUT NOTICE TO YOU. YOU ARE THEREFORE RESPONSIBLE FOR REGULARLY REVIEWING THESE TERMS AND CONDITIONS. CONTINUED USE OF THIS SITE FOLLOWING ANY SUCH CHANGES SHALL CONSTITUTE YOUR ACCEPTANCE OF SUCH CHANGES. IF YOU DO NOT AGREE WITH THESE TERMS AND CONDITIONS, PLEASE DO NOT ACCESS THIS WEBSITE.

OWNERSHIP OF SITE

IFX4U Limited owns and maintains this site. No act of downloading or otherwise copying from this site will transfer title to any software or material from this site to you. Anything that you transmit to this site becomes the property of IFX4U, may be used by IFX4U for any lawful purpose, and is further subject to disclosure as deemed appropriate by IFX4U, including to any legal or regulatory authority to which IFX4U is subject. IFX4U reserves all rights with respect to copyright and trademark ownership of all material at this site, and will enforce such rights to the full extent of the law.

COPYRIGHT

The material contained in the website, including but not limited to all design, text, videos, sound recordings, and images, are owned, except as otherwise expressly stated, by IFX4U. Except as otherwise expressly stated herein, they may not be copied, transmitted, displayed, performed, distributed (for compensation or otherwise), licensed, altered, framed, stored for subsequent use, or otherwise used in whole or in part in any manner without IFX4U's prior written consent.

ACCESS OF SITE

This site and the information, tools and material contained in it are not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject IFX4U or its affiliates to any registration or licensing requirement within such jurisdiction.

DISCLAIMER OF WARRANTY AND LIMITATION OF LIABILITY

The information on this site is provided "As it is". IFX4U does not warrant the accuracy of the materials provided herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or fitness for a particular purpose. IFX4U will not be responsible for any loss or damage that could result from interception by third parties of any information made available to you via this site. Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, IFX4U cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Neither IFX4U, nor any of its affiliates, directors, officers or employees, nor any third party vendor will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this site, or resulting from the act or omission of any other party involved in making this site or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the site or these materials, whether or not the circumstances giving rise to such cause may have been within the control of IFX4U or of any vendor providing software or services support. Under no circumstances will IFX4U be liable for any consequential, incidental, special, punitive or exemplary damages arising out of any use of or inability to use this site or any portion thereof, regardless of whether IFX4U has been apprised of the likelihood of such damages occurring and regardless of the form of action, whether in Contract, Tort (including negligence), Strict Liability, or otherwise. The information contained in this site is intended for information purposes only. Therefore it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular investment. You are strongly advised to obtain independent investment, financial, legal and tax advice before proceeding with any investment. Nothing in this site should be read or construed as constituting investment advice on the part of IFX4U, or any of its affiliates, directors, officers or employees. The nature of investment in Financial Instruments is such that not all Financial instruments are suitable for everyone unless they: a. are knowledgeable in investment matters, b. are able to bear the economic risk of the investment, c. understand the risk involved; and d. believe that the investment is suitable for their particular investment objective and financial needs. Should any non-professional investor invests in Financial Instruments, it is advisable that only a part of the sums that the investor intents to invest for long-term should be so invested. It is also advisable that all investors should seek advice from a professional investment advisor before making any investment in Financial Instruments.

LINKS TO OTHER SITES

Links to non- IFX4U Websites are provided solely as pointers to information on topics that may be useful to users of the IFX4U Websites, and IFX4U has no control over the content on such non- IFX4U Websites. If you choose to link to a Website not controlled by IFX4U, IFX4U makes no warranties, either express or implied, concerning the content of such site, including the accuracy, completeness, reliability, or suitability thereof for any particular purpose, nor does IFX4U warrant that such site or content is free from any claims of copyright, trademark, or other infringement of the rights of third parties or that such site or content is devoid of viruses or other contamination. IFX4U does not guarantee the authenticity of documents on the Internet. Links to non- IFX4U sites do not imply any endorsement of or responsibility for the opinions, ideas, products, information, or services offered at such sites, or any representation regarding the content at such sites.

SECURITY

If you communicate with IFX4U by e-mail, you should note that the security of Internet e-mail is uncertain. By sending sensitive or confidential e-mail messages which are not encrypted you accept the risks of such uncertainty and possible lack of confidentiality over the Internet. The Internet is not 100% safe and someone may be able to intercept and read your details.

PRIVACY

Any personal information you provide us will be treated as confidential and shared only within the Company, its affiliates and its business partners and will not be disclosed to any third party except under any regulatory or legal proceedings. Web site tracking systems may also collect data detailing the pages you have accessed, how you discovered this site, the frequency of visits and so on. The information we obtain is used to improve the content of our web site and may be used by us to contact you, by any appropriate means, and to provide you with any information we believe may be useful to you.

APPLICABLE LAW AND JURISDICATION

By accessing this site, you agree that the laws of Republic of Seychelles, without regard to Conflict of Laws principles thereof, will apply to all matters relating to the use of this site. In case of a dispute, you agree to the exclusive jurisdiction of the Courts of the Republic of Seychelles. In the event any of the Terms and Conditions shall be held to be unenforceable, the remaining Terms and Conditions shall be unimpaired and the unenforceable Term or Condition shall be replaced by such enforceable Term or Condition as comes closest to the intention underlying the unenforceable Term or Condition. This Agreement does not replace or in any way amend any other agreement you have entered into with IFX4U.

Address :

Mils Corp Limited
Global Gateway8, Rue de la Perie, Providence, Mahe,
Seychelles

OKLYCAPITAL LIMITED
Nwms Center 31 Southampton Row Office 3.11, 3rd Floor WC1B 5HJ
London
+44 203 807 0523

Trading polices

Authorization to Trade

IFX4U will engage in Traded Contracts transactions with the Customer in accordance with Customer's oral, written or electronic instructions. IFX4U will act as the counterparty to the Customer in all such transactions. Unless instructed by the Customer to the contrary in writing, IFX4U is authorized to execute all Orders with such counterparty banks, sophisticated institutions, registered participants or IFX4U itself, as IFX4U deems appropriate.

Margins and Deposit Requirements

The Customer shall provide to and maintain with IFX4U margin in such amounts and in such forms as IFX4U, in its sole discretion, may require. IFX4U may change margin requirements at any time. No previous margin requirement by IFX4U shall prevent IFX4U from increasing that requirement without prior notice. IFX4U retains the right to limit the amount and/or total number of open positions that the Customer may acquire or maintain at IFX4U. IFX4U shall not be responsible for any loss or damage caused, directly or indirectly, by any events, actions or omissions including but not limited to loss or damage resulting, directly or indirectly, from any delays or inaccuracies in the transmission of orders and/or information due to a breakdown in or failure of any transmission or communication facilities. For example, in volatile market conditions, the margin call may be delayed resulting in the possibility of a negative usable margin; a margin call may occur even if positions are hedged due to currency conversion rate or daily interest.

Liquidation of Accounts

In the event of:

a. the death or judicial declaration of incompetence of Customer;

b. the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer;

c. the filing of an lien against any of Customer's accounts carried by IFX4U;

d. insufficient margin, or IFX4U determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account;

e. Customer's failure to provide IFX4U any information requested pursuant to this agreement (for example KYC); or

f. any other circumstances or developments that IFX4Udeems appropriate for its protection, and in GM IFX4Usole discretion, it may take one or more, or any portion of, the following actions:

i. satisfy any obligation Customer may have to IFX4U, either directly or by way

ii. sell any or purchase any or all currency contracts, securities or other property

iii. cancel any or all outstanding orders or contracts, or any other commitments of guaranty of surety, out of any of Customer's funds or property in its custody or control or in the custody or control of any IFX4U affiliate; held or carried for Customer; and made with Customer. Any of the above actions may be taken without demand for margin or additional margin, without prior notice of sale or purchase or other notice to Customer, Customer's personal representatives, heirs, executors, administrators, trustees, legatees or assigns and regardless of whether the ownership interest shall be solely Customer's or held jointly with others. In liquidation of Customer's long or short positions, IFX4U may, in its sole discretion, offset in the same settlement or it may initiate new long or short positions in order to establish a spread or straddle which in IFX4U sole judgment may be advisable to protect or reduce existing positions in Customer's account. Any sales or purchases hereunder may be made according to IFX4U judgment and at its discretion.

Carrying Positions Forward

A position will be carried forward at the initial execution price until it is eventually closed by the Customer or by IFX4U under the provisions of Liquidation of Accounts. Consistent with IFX4U policy, a position that is carried forward may be credited or debited interest charges until the position is closed.

Settlement Date and Rollover

The Customer authorizes IFX4U to rollover all Open Positions in the Customer's Trading Account, at the Customer's risk, into the next settlement time period upon such terms as IFX4U determines in its sole discretion. The positions will be rolled over by debiting or crediting the Customer's Trading Account with the amount calculated in accordance with the Company's Rollover/Interest Policy.

Deposit/Withdrawal Transactions

1. IFX4U shall neither receive nor disburse Customer's funds in cash currency. All transactions between the Customer and IFX4U shall be performed by wire and/or credit card (if applicable) or other method in which the identities of both the sending and receiving parties can be verified by IFX4U and which IFX4U in its sole discretion shall deem appropriate. IFX4U shall not accept deposits from any third party to the Customer's account; IFX4U shall not withdraw any funds from Customer's account to any third party. IFX4U shall perform wire transactions only between Customer's IFX4U account and another account which is held in Customer's name or of which Customer clearly demonstrates ownership to IFX4U.

2. Deposits and Withdrawals to/from Trading Accounts are done during the working hours of the Company’s Back Office Department. The Company assumes the responsibility to process withdrawal requests within three business days from their receipt.

3. The Client has the right to withdraw any amount from his/her Trading account assuming this does not create a compulsory close of any open positions due to insufficient margin.

4. Withdrawals can only be sent via the same money transfer method that was used when depositing funds. In the case of withdrawing an amount bigger than the deposit amount the excess amount is sent via a different money transfer method.

5 IFX4U may charge any fees for deposits or withdrawals. If any fees are applied they are charged by the payment gateway vendor, bank or credit card company. IFX4U does not cover these charges. These charges are covered by the end sender/receiver of the funds.

6. In case any illegal financial activity is suspected, we reserve a right to delay the deposit and withdrawal until the investigation is completed.

7. In case a client`s deposit cannot be withdrawn via the same method as the one used for the initial deposit, we reserve the right to delay the withdrawal until we carry out an anti-money laundering investigation.

8. If the Client does not trade sufficient trade volume in his/her trading account fund withdrawals can only be sent into the same payment gateway that was used when depositing into the account. The level of ‘sufficient trade volume’ is established by the Company at its own discretion.

9. The Company reserves the right to deduct from the trading account an amount as compensation, if the account did not trade sufficient trade volume, and the account was used for the purpose of converting funds from one payment gateway into another. The ‘sufficient trade volume’ is established by the Company at its own discretion.

Joint Accounts

If more than one natural person executes this Agreement as the Customer, all such natural persons agree to be jointly and severally liable for the obligations assumed in this Agreement. If this Agreement is executed by a trust, unincorporated association, partnership, custodian or other fiduciary, such the Customer hereby agrees to indemnify, defend, save and hold free and harmless IFX4U for any liabilities, claims, losses, damages costs and expenses, including attorneys' fees, resulting directly or indirectly from breach of any fiduciary or similar duty or obligation or any allegation thereof, including attorneys' fees.

Recordings

The Customer agrees and acknowledges that all conversations regarding the Customer's account(s) between the Customer and IFX4U personnel may be electronically recorded with or without the use of an automatic tone-warning device. The Customer further agrees to the use of such recordings and transcripts thereof as evidence by either party in connection with any dispute or proceeding that may arise involving the Customer or IFX4U. The Customer understands that IFX4U destroys such recordings at regular intervals in accordance with IFX4U established business procedures and the Customer hereby consents to such destruction.

Inter-banking system rules

1. All transactions under this Agreement shall be subject to the constitution, by-laws, rules, regulations, customs, usage, rulings and interpretations of the counter-party institution or other inter-bank market (and its clearing organization, if any) where executed and to all applicable laws and regulations.

2. If any statute shall hereafter be enacted or any rule or regulation be adopted by any governmental authority, or if a contract market or clearing organization shall become binding upon the Company and shall affect, in any manner, or be inconsistent with any of the provisions hereof, the affected provisions of this Agreement shall be deemed modified or superseded, as the case may be, by the applicable provisions of such statute, rule or regulation, and all other provisions of this Agreement and provisions so modified shall, in all respects, continue to be in full force and effect.

Trading Recommendations

The Customer acknowledges that:

a. Any market recommendations and information communicated to the Customer by IFX4U or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any Traded Contracts.

b. Such recommendation and information, although based upon information obtained from sources believed by IFX4U to be reliable, may be based solely on a broker's opinion and that such information may be incomplete and may be unverified, and

c. IFX4U makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to the Customer. The Customer acknowledges that IFX4U and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to the Customer, and that the market position of IFX4U or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to the Customer by IFX4U.

d. The Customer acknowledges that IFX4U makes no representations concerning the tax implications or treatment of Traded Contracts.

Prohibited Trading

1. The Customer agrees and acknowledges that the service provided by IFX4U to the Customer hereunder is not adapted for certain trading techniques commonly known as "picking/sniping", "scalping" or the use of certain automated trading systems or “Expert Advisors”. In the event of the Customer employing such techniques, the Customer agrees and acknowledges that IFX4U may at IFX4U's sole discretion take one or more, or any portion of, the following actions:

a. close the Customer's account;

b. suspend the Customer's account for an indefinite period of time;

c. carry out an investigation on the Customer's account for an indefinite period of time;

d. charge a penalty fee to the Customer in the same or greater amount of money that resulted from the Customer using such techniques or e. close the account, confiscate any profits that arose from prohibited trading techniques and return the original deposit(s) to the account holder. If profits arising out of Prohibited Trading were already withdrawn, profits can be confiscated from the client’s related accounts in order to make up for the difference.

Assurances and Guarantees

The client assures and guarantees that:

a. The funds belong to the client and are free of any lien, charge, pledge or any other encumbrance

b. The funds are not the direct or indirect proceeds of any illegal act or omission or product of any criminal activity

c. The client guarantees the authenticity and validity of any document sent to IFX4U during the account opening process and also during the life of the trading account.

Mils Corp Limited - Global Gateway8, Rue de la Perie, Providence, Mahe, Seychelles;
OKLYCAPITAL LIMITED - Nwms Center 31 Southampton Row Office 3.11, 3rd Floor WC1B 5HJ London
+44 203 807 0523
[email protected]