Terms & Conditions

Please read these terms and conditions carefully. By accessing this site and any pages thereof, you agree to be bound by the terms and conditions below. If you do not agree to the terms and conditions below, do not access this site, or any pages thereof. © 2022 webx trader All Rights Reserved.

Copyright in the pages and in the screens displaying the pages, and in the information and material therein and in their arrangement, is owned by webxtrader unless otherwise indicated.

Trademarks

WEBX and the WEBXTRADER are trademarks and service marks of WEBXTRADER and are used and/or registered throughout the world. WEBXTRADER, Ltd and their subsidiaries also claim rights in certain other trademarks and service marks contained in these web pages.

Use of information and materials

The information and materials contained in these pages, and the terms, conditions, and descriptions that appear, are subject to change. Unauthorized use of WEBXTRADER’S web sites and systems including but not limited to unauthorized entry into WEBXTRADER’S systems, mis use of passwords, or misuse of any information posted on a site is strictly prohibited. Not all products and services are available in all geographic areas. Your eligibility for particular products and services is subject to final determination by WEBXTRADER’S and/or its affiliates.

Links

This site may contain links to web sites controlled or offered by third parties (non-affiliates of WEBXTRADER. WEBXTRADER hereby disclaims liability for, any information, materials, products or services posted or offered at any of the third-party sites linked to this website. By creating a link to a third-party web site, WEBXTRADER does not endorse or recommend any products or services offered or information contained at that web site, nor is WEBXTRADER liable for any failure of products or services offered or advertised at those sites. Such third party may have a privacy policy different from that of WEBXTRADER and the third party website may provide less security than the WEBXTRADER.

INFORMATION CONTAINED HEREIN has no regard to the specific investment objective, financial situation or particular needs of any specific recipient. The content herein is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any spot currency transactions, options, derivative products, futures, or other securities or related financial instruments. The content is based on information obtained from sources believed to be reliable but is not guaranteed as being accurate, nor is it a complete statement or summary of the markets of developments referred to in the content. This information should not be regarded by recipients as a substitute for the exercise of their own judgment. Any opinions expressed in this content are subject to change without notice and WEBXTRADER is not under any obligation to update or keep current the information contained herein. Spot foreign currency transactions, options, derivative products and futures are not suitable for all investors, and trading in these instruments is considered risky. Past performance is not necessarily indicative of future results. WEBXTRADER accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this content. No part of this content may be reproduced or distributed in any manner without the written permission of the provider via the Internet or otherwise. WEBXTRADER accepts no liability whatsoever for the actions of third parties in this respect.

No warranty

The information and materials contained in this site, including text, graphics, links or other items are provided “As Is”, “As Available”. WEBXTRADER does not warrant the accuracy, adequacy or completeness of this information and materials and expressly disclaims liability for errors or omissions in this information and materials. No warranty of any kind, implied, expressed or statutory including but not limited to the warranties of non-infringement of third-party rights, title, merchantability, fitness for a particular purpose and freedom from computer virus, is given in conjunction with the information and materials.

Limitation of liability

In no event will WEBXTRADER be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with this site or any linked site or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if WEBXTRADER, or representatives thereof, are advised of the possibility of such damages, losses, or expenses.

Submissions

All information submitted to WEBXTRADER via this site shall be deemed and remain the property of WEBXTRADER and WEBX shall be free to use, for any purpose, any idea, concepts, know-how or techniques contained in information a visitor to this site provides WEBXTRADER through this site. WEBXTRADER shall not be subject to any obligations of confidentiality regarding submitted information except as agreed by the WEBXTRADER entity having the direct customer relationship or as otherwise specifically agreed or required by law. Nothing contained herein shall be construed as limiting or reducing WEBXTRADER’S responsibilities and obligations to customers in accordance with the WEBXTRADER Privacy Notice for Clients.

Availability

This site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation.

CUSTOMER TRADING AGREEMENT:

BETWEEN

Aplus Solution Limited, a company formed, registered in Reg Office: Suite 305, Griffith Corporate Center, P.O.Box 1510,Beachmont Kingstown St. Vincent and the Grenadines. operating under the brand name webx trader (hereinafter “webx trader” and/or the “Company”) AND Any end user (the “Client”) (each a “Party” and together, the “Parties” and words importing the masculine shall also import the feminine and vice versa) By entering into the Agreement, the Client has read and understood and accepted the information under the title “Trading Benefits Terms & Conditions “, that form part of this Agreement, as this information is provided on the Website.

WHERE AS webx trader provides investment services through a trading platform (the “Trading Platform”) including Contracts for Difference (CFDs), spot and forward foreign currency contracts, foreign currencies swap transactions, and such other transactions as webx trader may from time to time make available (the “Services”). WHEREAS The Client wishes to open an account with webx trader in order to use the Trading Platform and to enter into investment services transactions with webx trader

THEREFORE, THE PARTIES AGREE AS FOLLOWS:

1. General Provisions

1. General Provisions

1.1. The Services may involve margined transactions, requiring Client to deposit cash to secure its obligations under this Agreement (“Security Margin”).

1.2. Direct Relationship- Unless otherwise agreed in writing, webx trader and Client each enter into this Agreement as principal and webx trader will not accept an undisclosed/unapproved principal acting through Client. With regard to such a principal, Client agrees to provide webx trader with its identity, personal information, and other information that webx trader may seek.

1.3. Information Services- From time-to-time webx trader may provide the Client with access to various information and content via webx trader Website or Trading Platform. Furthermore, webx trader may provide the Client with links to third party websites that may include information. This information is supplied “as is” and is for guidance only. Use of such information is entirely at the Client’s own risk. To the fullest extent permitted by law, webx trader make no representations or warranties of any kind, including but not limited to, the accuracy, quality or completeness of the information. webx trader shall not be liable for any action taken by the Client as a result of the Client relying on any of this information or for any loss or damage suffered by the Client as a result of you using such information or any third-party website linked to webx trader. No information provided shall be deemed as assurance or guarantee on the results of any trade.

1.4. No Investment Advice- Client hereby acknowledges that the Services do not include the provision of investment advice and/or the provision of personal recommendations in respect of one or more transactions relating to one or more instruments. Any information that may be provided aims merely to assist the Client’s investment decision making and does not constitute investment advice.

1.5. No Physical Delivery of Underlying Instruments- the Client hereby acknowledge that entering into trades through the Trading Platform does not result in the physical delivery of currency or of the underlying instrument and that trades are cash adjusted or closed by the Client taking an offsetting position. For this reason, open trades will always be closed with webx trader and the Client’s account will either be credited or will be debited according to the profit or loss made on the trade.

1.6. Errors- Quotations provided by webx trader, via third parties or otherwise, may be incorrect for any reason. Following a transaction involving such quotation errors, webx trader in its discretion reserves the right to correct the affected account balance. Any dispute arising from such errors or corrections will be resolved on the basis of the fair market value of the relevant currency at the time of the error.

1.7. Market Fluctuations- Client acknowledges that the market for currency is subject to sudden changes due to news events and other announcements, acts of war or terrorism, power failures, strikes or civil commotions, business trends, political developments, fluctuations in other financial and commodity markets, and other factors beyond webx trader’s control. webx trader may determine in its sole discretion that an emergency or exceptional market condition exists, in which case it reserves the right to impose trading limits or special terms, cancel or suspend any transaction, or close an account.

1.8. Trading Indices- the Client hereby acknowledges that he is aware that in the case of Contract for Difference (CFD) trade, webx trader shall open its trading within 5 minutes of the opening of the relevant market. webx trader reserves the right not to accept any trade of such instrument during the first 5 minutes of the trading day. webx trader reserves its right to cancel any trade, in its own discretion, of such instrument made during the first 5 minutes of the trading day.

1.9. Risk Disclosure- the Client understands that the Services offered by webx trader include trading products which involve substantial risk that is not suitable for everyone. The Client acknowledges that you fully understand the nature and risks of the Services and related trading products and the Client accepts that under no circumstances will any losses incurred as a result of the use of the Services be recoverable from webx trader.

2. Client Instructions and Order Execution

2.1. Deposit by means of Credit Card is limited to a minimum amount of 300 USD. Client may provide oral or written instructions to webx trader to place an order. Written instructions may be given by letter, fax, the webx trader website, cellular or other electronic means of communication. Oral instructions may be given in person or by telephone, but webx trader may require written memorialization of such instruction. In case of an order received by the Company in any means other than through the electronic Trading Platform, the order will be transmitted by the company to the electronic Trading Platform and processed as if it was received through the electronic Trading Platform. The Client accepts the risk of misinterpretation and/or mistakes in the instructions and/or Orders sent through means other than the electronic Trading Platform, regardless of how they have been caused, including technical and/or mechanical damage. Once an instruction has been given, it cannot be rescinded, withdrawn or amended without webx trader’s express consent. webx trader shall not be obligated to confirm instructions.

2.2. webx trader may request new instructions from Client, which shall provide them promptly.

2.3. Client shall advise webx trader of the identity of any persons authorized to give instructions. Such notice shall be in writing and shall set out the names and specimen signatures of the persons so authorized. Any such authority may be revoked by notice in writing by the Client but such revocation shall only be effective upon written confirmation by webx trader

2.4. The Client will be solely responsible for all orders, and for the accuracy of all information, transmitted via the Internet using Client’s name or personal identification code. Such transmission shall not give rise to a binding contract between webx trader and Client until webx trader accepts or acts upon it.

2.5. If webx trader does not receive instructions from Client to settle open positions by the close of a given business day, webx trader is authorized (but not obligated) to rollover orders to the next business day.

2.6. In case a rollover is made, the Client will be charged with a fixed rollover fee of his trading account current exposure on 00:00 GMT regardless of any interest rates differences. webx trader shall not be liable, and Client shall defend, indemnify, and hold harmless webx trader, for any loss, expense, cost or liability, arising from error in instructions; instructions or other communications transmitted over the Internet; Client’s failure to notify of revocation of authority; Client’s failure to issue new instructions on webx trader’s request; remedial measures by webx trader in its absolute discretion upon such failure; webx trader’s actions on instructions transmitted via the Internet using Client’s name or personal identification code or from an individual who appears mistakenly to webx trader to be an authorized person; or webx trader’s refusal for any reason or no reason to act upon instructions.

2.7. Withdrawal Instructions- Withdrawal by means of Bank Transfer is limited to a minimum amount of 10 USD. The Client may withdraw all or part of the available funds deposited with webx trader upon the fulfilment of the following accumulative conditions:

2.7.1. the Client has provided all compliance or any other required documents to webx trader;

2.7.2. the Client submitted a Withdrawal Request, through the Trading Platform | Website providing all the necessary information; and

2.7.3. the Client does not hold any open positions in the Client’s trading account with webx trader.

2.8. webx trader shall execute the Client’s withdrawal within 120 working hours once all the above conditions are met and upon approval of such by the webx trader Back Office Department. The Client acknowledges that fund transfer times may vary according to his account type, issuing bank, intermediary bank, receiving bank, destination country or any other 3rd party involved in the transfer of funds. Withdrawal of funds may also be subject to restrictions imposed by or in connection with the receiving Bank. webx trader shall not be liable for any fund transfer delay caused by such 3 rd party and/or wrong banking information details provided by the Client.

2.9. webx trader reserves the right and the Client acknowledges and agrees that in case the Client performs a withdrawal, webx trader can remove and/or adjust any allocated trading benefit.

2.10. The Client acknowledges that the requested transfer of funds may be charged with additional transfer fees from 3rd parties to the transfer. The Client agrees to pay any incurred bank transfer fees when withdrawing funds from his sub-account to his designated bank account. webx trader does not charge any withdrawal fees. In addition, the Client acknowledges that in case the received funds are converted to any other currency other than US Dollars, some exchange fees may apply. The Client is fully responsible for payments details, given to webx trader and webx trader accepts no responsibility for the Client ‘s funds, if the Client ‘s given details are wrong. It is also understood that webx trader accepts no responsibility for any funds not deposited directly into the webx trader ‘s bank accounts.

2.11. Should a withdrawal request had failed to meet the withdrawal accumulative conditions set out above; the withdrawal request will be cancelled within 30 days of its request and the Client may re request for the withdrawal. Such withdrawal re request shall be subject to the withdrawal general terms as set out above.

2.12. The Client acknowledges that Anti Money Laundering Regulations does not allow the transfer of fund to any 3rd party other than the beneficial owner of the webx trader trading account. In addition, webx trader may require further documentation regarding the origin of funds and/or the beneficial owner in accordance with the applicable Antimony Laundering & Counter-Terrorism Financing legislation as amended from time to time. The Client further acknowledges and agrees that the costs, fees (e.g. rollover, inactivity), charges, commissions, leverage limits, execution rules, trading times and trading conditions are found on the Website and/or Trading Platform. webx trader reserves the right to review any of its costs, fees, charges, commissions, leverage limits, execution rules, trading times and trading conditions from time to time.

2.14. While a client has any open positions on the ex-dividend day for any of the Financial Instruments, webx trader reserves the right to proceed with the closure of such positions at the last price of the previous trading day and open the equivalent volume of the underlying security at first available price after the market movement, on the ex-dividend day. webx trader reserves the right, at its sole discretion; to disable the Client from opening any new positions on the ex-dividend day or prior to the ex-dividend day. In case of any unjustified profit, generated from ex- dividend activity, webx trader reserves the right and without giving a prior notice to the client to re-adjust the profit (i.e. remove the profit).

2.15. Orders: Stop Loss, Take Profit, Buy Limit, Buy Stop, Sell Limit, Sell Stop on Financial Instruments are executed at the declared by the Client price on the first current price touch. webx trader reserves the right not to execute the Order, or to change or to revert the opening (closing) price of the transaction in case of the technical failure of the trading platform, reflected financial tools quotes feed, and also in case of other technical failures. Under certain trading conditions it may be impossible to execute orders (Stop Loss, Take Profit, Buy Limit, Buy Stop, Sell Limit, and Sell Stop) on any Financial Instrument at the declared price. In this case, webx trader reserves the right, at its sole discretion, to execute the order or change the opening (closing) price of the transaction at a first available price. Events that might cause the above-mentioned actions on behalf of webx trader are considered to be the following, (the list is NOT exhausting): i. At times of rapid price movement if the price rises or falls in one trading session to such an extent that under the rules of the relevant exchange, trading is suspended or restricted. ii. In the trading session start moments which has as a result, placing a Stop—Loss Order will not necessarily limit the client’s losses to the intended amounts, because market conditions may make it impossible to execute such an order at the stipulated price.