Deze Algemene Voorwaarden (de “Overeenkomst”) regelen de rechten en verplichtingen in verband met het gebruik van diensten van Tradelytic FCZO, een bedrijf geregistreerd in de Verenigde Arabische Emiraten (“wij”, “onze”, het “Bedrijf” of “Traderscale”), voornamelijk aangeboden via de website www.traderscale.com (de “Website”). \u00a0 De Overeenkomst is wettelijk bindend voor klanten (“u”, “uw”, of de “Klant”) en u bent niet verplicht om de Diensten te gebruiken als u niet instemt met of geen begrip hebt van enig deel van de Overeenkomst, noch dient u de Diensten te gebruiken tenzij u de Overeenkomst begrijpt en ermee instemt.
\nDe relatie tussen de Klant en het Bedrijf wordt beheerst door deze Overeenkomst.
\nDeze Overeenkomst kan online elektronisch worden uitgevoerd door op de daarvoor bestemde acceptatieknop te klikken en deze Overeenkomst heeft dezelfde rechtsgevolgen en verleent de partijen dezelfde wettelijke rechten als wanneer deze was ondertekend.
\nDeze Overeenkomst kan van tijd tot tijd worden gewijzigd en de Klant stemt ermee in om de Website regelmatig te controleren op de bijgewerkte Overeenkomst.
\nIn het geval dat het Bedrijf deze Overeenkomst vervangt, wijzigt of aanpast, houdt uw voortgezette gebruik van de Diensten na een wijziging van de ingangsdatum van deze wijzigingen in dat u akkoord gaat met de vervanging, wijziging of aanpassing van deze Overeenkomst.<\/p>\n
1.1.
\nThis Agreement governs your rights and obligations in connection with the use of the services provided by the Company (\u201cServices\u201d).<\/p>\n
1.2.
\nBy registering on the Website or when you use our Services for the first time, you are entering into a contract with the Company, the subject of which is the provision of the Services of your choice.
\nThe Agreement forms an integral part of such a contract and, by entering the contract with the Company, you consent to the Agreement.<\/p>\n
1.3.
\nBy registering on the Website, you represent, warrant, covenant and undertake to the Company that: \u00a0 1.3.1.
\nYou are authorized and have the capacity to enter into this Agreement and any transactions which may arise under them;<\/p>\n
1.3.2.
\nYou are over 18 years of age and of sound mind.
\nIf you are under 18 years of age, you may not use the Services.<\/p>\n
1.3.3.
\nYou access the Services solely from one of the countries for which the Services are available.
\nYou acknowledge that your access to and use of the Services may be restricted or prohibited by law in some countries, and you undertake to only access and use the Services in accordance with applicable laws and regulations.<\/p>\n
1.3.4.
\nYou are aware of the laws and regulations in regards to being allowed to enter into this Agreement and the information that you provide during the registration process as well as in any other documentation is complete, true and accurate.
\nFor any change or amendment in the above-mentioned information, including change of address, you remain responsible to notify the Company;<\/p>\n
1.4.
\nThe Customer shall not use the Services of the Company in case:<\/p>\n
1.4.1.
\nyou are residing in Restricted Jurisdictions;<\/p>\n
1.4.2.
\nyou are established or incorporated, or have a registered office in Restricted Jurisdictions;<\/p>\n
1.4.3.
\nyou are subject to the relevant international sanctions;<\/p>\n
or \u00a0 1.4.4.
\nhave a criminal record related to financial crime or terrorism.
\nThe Company reserves the right to refuse, restrict or terminate the provision of any Services to Customer found to have acted against Clause 1.4 and Customer will be prohibited to use the Services, the Client Area and\/or Trading Platform.<\/p>\n
1.5.
\nYour personal data is processed in accordance with the Privacy Policy published on the Website.<\/p>\n
1.6.
\nThe meaning of the definitions, expressions, and abbreviations used in this Agreement can be found in clause 20.<\/p>\n
2.1.
\nThe Services consist of the provision of tools for simulated trading on all other instruments on the financial markets, provision of analytical tools, training and educational materials, the access to the Client Area, and other ancillary services, in particular through the Client Area or by the provision of access to applications provided by the Company or third parties.
\nFinancial market information is used in the simulated trading; however, you acknowledge that any trading that you perform through the Services is not real.<\/p>\n
2.2.
\nThe Services can be placed through the Website by completing the appropriate registration and\/or order form.
\nAfter registration, we will e-mail you the login details for the Client Area and\/or Trading Platform and allow you to access them.<\/p>\n
2.3.
\nThe Services include, among other things, the Free Trial and challenges (choice between a one-step (\u201cSpeedy\u201d) and a two-step (\u201cClassic\u201d) Evaluation Process); these products may differ in the scope of the Services provided (e.g., by analytical tools available to the Customer).
\nEach product offered are available for completion by you for a period of twelve (12) months.
\nWith the Free Trial, you may use some of the Services within a limited scope.
\nCompleting the Free Trial does not entitle you to access any other Services.<\/p>\n
2.4.
\nAll data that you provide to us through the registration or order form, the Client Area, or otherwise must be complete, true, and up to date.
\nYou must immediately notify us of any change in your data or update the data in your Client Area.
\nThe Customer is responsible for all the provided data being accurate and up to date; the Company is not obligated to verify the data.<\/p>\n
2.5.
\nYou acknowledge that if you provide an identification number, tax registration number or other similar information in the registration or order form or in the Client Area, or if you state that you are a legal entity, you will be considered as an entrepreneur (trader) for the purposes of the Agreement and when using the Services, and the provisions of the Agreement or the applicable law that grant rights to consumers will not apply to you.<\/p>\n
2.6.
\nThe fee for the Challenges varies according to the option or customization selected and depends on the amount of the Initial Capital, the degree of the acceptable risk, the parameters that must be fulfilled so that the conditions of the Challenges (if the Classic Evaluation process is selected) are met, and possibly other configurations.
\nMore detailed information on individual options and fees for those options are provided on our Website.
\nThe final fee will be determined based on the option you select when completing the form for ordering the Challenges.<\/p>\n
2.7.
\nThe fee paid allows you to access the Challenges or the Services provided under the Challenges.
\nThe Customer is not entitled to request a refund of the fee, for example, if the Customer cancels the Customer\u2019s Client Area or requests the cancellation by e-mail, if the Customer terminates the use of the Services prematurely (for example, fails to complete the Challenges), fails to meet the conditions of the Challenges, or breaches terms of this Agreement.<\/p>\n
2.8.
\nIf the Customer lodges an unjustifiable complaint regarding the paid fee or disputes the paid fee with the Customer\u2019s bank or payment service Company (e.g. through chargeback services, dispute services, or other similar services), on the basis of which an annulment, cancellation or refund of the fee or any part thereof is requested, the Company is entitled, at its own discretion, to terminate the Customer any services and refuse any future Services.<\/p>\n
2.9.
\nIf the Customer orders the \u201cClassic\u201d package, the conditions that are applicable in Phase 1 shall also be applicable in Phase 2.
\nOnce you make the selection, it is not possible to change it.<\/p>\n
2.10.
\nThe Company reserves the right to unilaterally amend at its discretion the fees and parameters and provisions of the Services at any time, including but not limited to, the parameters for their successful completion.
\nThe amendment does not apply to the Services purchased before the change is effected.<\/p>\n
2.11.
\nAny data entered in the order form can be checked, corrected, and amended until the binding order of the Services.
\nThe order of the Services of your choice is made by submitting the order form.
\nThe Company will immediately confirm the receipt of your order to your e-mail address.
\nIn the case of the Free Trial, the order is completed upon the delivery of the confirmation to your e-mail address, whereby the contract is executed.
\nIn the case of the Challenges, the order is completed upon the payment of the fee for the selected option.
\nOnce the contract between you and the Company is executed and if the conditions of the Challenges are met, Phase 2 will be triggered.
\nThe Client accepts and understands that the Company\u2019s official language on the contract is the English language.<\/p>\n
2.12.
\nYou acknowledge the following:<\/p>\n
2.12.1.
\nThe funds provided to you for demo trading are fictitious and that you have no right to possess those fictitious funds beyond the scope of their use within the Services, and in particular that they may not be used for any actual trading and that you are not entitled to the payment of those funds.
\nUnless expressly agreed otherwise, you will not be paid any remuneration or profits based on the results of your simulated trading, nor will you be required to pay any losses.<\/p>\n
2.12.2.
\nThe Services offered by the Company do not constitute the provision of investment advice or recommendations.
\nEach decision made by the Customer when using the Services or otherwise is an independent decision by the Customer.
\nThe Company is not acting as an advisor to, or serving as a fiduciary of the Customer and the Company specifically disclaims any such duties.<\/p>\n
2.12.3.
\nIn order to be able to use our Services, you must obtain the appropriate technical equipment and software, including third-party software (e.g., software for the use of the Trading Platform), at your own risk and expense.
\nThe Website is accessible from the most commonly used web browsers.
\nThe internet access, purchase of the equipment, and purchase of the web browser and its updates are at your own risk and expense.
\nThe Company does not warrant or guarantee that the Services will be compatible with any specific equipment or software.
\nThe Company does not charge any additional fees for the internet connection.<\/p>\n
2.12.4.
\nThe operators of trading platforms are persons or entities different from the Company and that their own terms and conditions and privacy policies will apply when you use their services and products.
\nBefore sending an order form, you are obligated to read those terms and conditions and privacy policies.\u00a0 2.13.
\nNone of the services provided to you by the Company can be considered as investment services within the meaning of the applicable laws.
\nThe Company does not provide guidance, advice, instructions, or any other ancillary information about how you should perform transactions when using the Services or otherwise, or any information relating to the investment tools traded.<\/p>\n
2.14.
\nIf the Customer places an unusually large number of orders while using the Services within an unreasonably short period of time, the Company may notify the Customer through the Client Area as a protective precaution to mitigate potentially harmful behaviour of the Customer.
\nIf such unreasonable behaviour continues following such notice, we reserve the right to suspend any further orders of the Services by the Customer.
\nIf we identify that the unusual behaviour as per this paragraph relates to the Customer\u2019s involvement in Forbidden Trading Practices, we may take respective actions as perceived in Section 7 of this Agreement.
\nThe Company reserves the right to determine, at its own discretion, the nature of the behaviour described above and reasonable boundaries for such determination.<\/p>\n
3.1.
\nThe amounts of fees for the Challenges options are in US dollars.
\nThe fee can also be paid in other currencies at the choice of the Customer provided that the Company approves such currency.
\nIf you select any other currency than the US dollar, the amount of the fee for the selected option of the Challenges shall be converted by our rates and it will automatically display your payment total in your chosen currency, so you know how much you are paying before you confirm the order.
\nThe Customer acknowledges that if the payment is made in a currency other than the one the Customer has chosen on the Website, the amount will be converted according to the current exchange rates valid at the time of payment.
\nThe conversion shall be made at the exchange rate applied on the day and at the time when the relevant funds are at the disposal of the Company.<\/p>\n
3.2.
\nFees for the Services and any other charges that could arise are exclusive of all taxes and will be applied on checkout, if any.
\nIf the Customer is an entrepreneur (trader), he is obliged to fulfill all his tax obligations in connection with the use of our Services in accordance with applicable law, and in the event of an obligation, he is obliged to pay tax or other fees properly.
\nThe Company is not responsible for paying the Customer\u2019s tax obligations in relation to possible income tax or similar taxes imposed on the Customer by your jurisdiction on profits and\/or for using our Services.<\/p>\n
3.3.
\nSubject to clause<\/p>\n
3.1, you can pay the fee for the selected option of the Challenges by a payment card, via a bank transfer, or using other means of payment that the Company currently accepts.<\/p>\n
3.4.
\nIn the event of payment by a payment card or via any other express payment method, the payment shall be made immediately.
\nThe fee is considered paid when its full amount is credited to the Company\u2019s account.
\nIf you do not pay the amount on time, the Company is entitled to cancel your order.
\nThe Customer bears all fees charged to Customer by the selected payment service company (according to the valid pricelist of the payment service company) in connection with the transaction and the Customer is obliged to ensure that the respective fee for the selected Challenges is paid in full.<\/p>\n
4.1.
\nThere are no limits on the number of Challenges a customer can purchase.
\nThe Customer further understands that only one Challenge can be active simultaneously.<\/p>\n
4.2.
\nThe total number of challenges per one Client Area may be limited depending on the total sum of the Initial Capital amounts of the products ordered by the Customer or on the basis of other parameters.
\nUnless agreed otherwise, the Initial Capital amounts may not be transferred between the individual products or mutually combined.
\nYou may also not transfer or combine your performance, Service parameters, data, or any other information between the products.<\/p>\n
4.3.
\nAccess to the Client Area and Trading Platform is protected by login data, which the Customer may not make available or share with any third party.
\nIf the Customer has registered as a legal entity, the Customer may allow the use of the Services through the Customer\u2019s Client Area to the authorized employees and representatives.
\nThe Customer shall take all necessary precautions to ensure confidentiality of all information, including but not limited to, the login data, all activities performed through the Customer\u2019s Client Area or Trading Platform.<\/p>\n
4.4.
\nThe Customer acknowledges that the Company bears no responsibility, and the Customer is not entitled to any compensation, in the case that the login data are used in an unauthorized manner by any third party, for any misuse of the Client Area, Trading Platform, or any part of the Services, nor is the Company responsible for any negative consequences thereof for the Customer, if such misuse occurs for any reasons on the part of the Customer.<\/p>\n
4.5.
\nThe Customer undertakes to notify the Company immediately if it comes to your attention that the Customer\u2019s login data to the Customer\u2019s Area are being used unauthorized or in breach of the terms set forth in this Agreement.<\/p>\n
5.1.
\nThe Customer may at any time request cancellation of the Client Area by sending an e-mail to support@traderscale.com.
\nDuring a request for cancellation, the Company will consider it as a request for termination of the contract by the Customer and the Customer will no longer be entitled to use the Services, including the Client Area and Trading Platform.
\nFollowing such notice, the Company will confirm receipt of the cancellation request to the Customer by e-mail and the contractual relationship between the Customer and the Company will be terminated.
\nIn such a case, the Customer is not entitled to any refund of the fees already paid or costs otherwise incurred.<\/p>\n
5.2.
\nThe Company bears no responsibility for the information displayed on the Trading Platform, nor for any interruption of, or delay or inaccuracy in the market information displayed through your Client Area.<\/p>\n
6.1.
\nDuring the demo trading on the Trading Platform, you may perform any transactions, unless these constitute forbidden trading strategies or practices within the meaning of clause 7.
\nThe Customer agrees to not use the Services, Trading Platform or the Client Area for or in connection with any activity which may constitute fraudulent or illegal.
\nThe Customer undertakes to follow good market standard rules and practices for trading on financial markets (e.g. risk management rules).
\nRestrictions may also be imposed by the trading conditions of the Trading Platform that you have selected for trading.<\/p>\n
6.2.
\nYou acknowledge that the Company has access to information about the demo trades that you perform on the Trading Platform.
\nYou grant the Company your consent to share this information with persons\/entities who are in the same group with the Company or who are otherwise affiliated with the Company, and you grant the Company and these persons\/entities your consent and authorization to handle this information at their own discretion to provide the Services.
\nYou agree that these activities may be performed automatically without any further consent, consultation, or approval.
\nThe Company is aware that you should not provide the Company with any investment advice or recommendations through your demo trading.
\nYou acknowledge that you may suspend your demo trading on the Trading Platform at any time by sending an email to support@traderscale.com.<\/p>\n
6.3.
\nDevelopments in financial markets are subject to frequent and abrupt changes.
\nTrading on financial markets may not be profitable and can lead to significant financial losses.
\nAny previous performances and profits of the customer\u2019s demo trading are not guaranteed or indication of any further performance.<\/p>\n
7.1.
\nDuring the Demo Trading, it is prohibited to:<\/p>\n
7.1.1.
\nknowingly or unknowingly use trading strategies to exploit errors in the Services, such as errors in displaying prices or delays in updating them;<\/p>\n
7.1.2.
\nExecute trades using an external or slow data feed;<\/p>\n
7.1.3.
\nPerform, alone or in concert with any other persons, including between connected accounts, or accounts held with different entities, trades or combination of trades with the intention to manipulate trading, e.g. by simultaneously entering into opposite positions;<\/p>\n
7.1.4.
\nExecute trades contrary to the Agreement and the Trading Platform;<\/p>\n
7.1.5. Use any Software HFTs, EA\u2019s, artificial intelligence, ultra-high speed, or mass data entry which might manipulate, abuse, or give you an unfair advantage when using our systems or Services; (remove)<\/span>Gap or Arbitage trading <\/span>Automated copy trading<\/span> Copy Trading<\/p>\n 7.1.6. 7.1.7. 7.1.8. (a) derden toegang verlenen tot en laten handelen op uw Challenges-rekeningen, noch zult u derden inschakelen of met derden samenwerken om deze derden transacties voor u te laten uitvoeren, ongeacht of deze derden particulieren of professionals zijn;<\/p>\n (b) toegang tot Challenges-rekeningen van derden, handel namens derden of accountbeheer of soortgelijke diensten, waarbij je ermee instemt om de Challenges-rekeningen namens een andere gebruiker te verhandelen, te beheren of te beheren, ongeacht of je dit als professional of anderszins doet. 7.1.9. 7.2. 7.1, the Company may consider it as a failure to meet the conditions of the particular Challenges and in breach of the terms of this Agreement. 7.2.1. 7.2.2. 7.2.3. 7.3. 7.3.1. 7.4. 7.5. 7.6. 8.1. 8.2. 8.3. 8.4. 8.4.1. (a) Tijdens de Uitdagingen opent de Klant ten minste \u00e9\u00e9n demo-transactie op ten minste tien (10) verschillende handelsdagen;<\/p>\n (b) De Klant heeft tijdens de Uitdagingen geen verlies gerapporteerd op enige op die dag geopende en gesloten demo-transacties die het percentage van 4% max. dagelijks verlies van het Aanvangskapitaal voor de betreffende optie zou overschrijden.<\/p>\n (c) De Klant heeft tijdens de Uitdagingen geen verlies gerapporteerd op geopende en gesloten demo-transacties die in totaal het percentage van 8% max. verlies van het Aanvangskapitaal voor de betreffende optie zouden overschrijden.<\/p>\n (d) Gedurende de Uitdagingen rapporteert de Klant een totale winst van 10% op alle gesloten demo-transacties ter hoogte van ten minste het percentage van het Aanvangskapitaal voor de betreffende Uitdagingen.<\/p>\n (e) Het is de Klant niet toegestaan meer dan 200 Lots in \u00e9\u00e9n richting te openen (Kopen of Verkopen). 8.5. 8.6. 8.7. 8.7.1. 8.7.2. (a) tijdens Fase 2 heeft de Klant ten minste \u00e9\u00e9n demo-transactie geopend op ten minste tien (10) verschillende kalenderdagen;<\/p>\n (b) op geen enkel moment tijdens Fase 2 heeft de Klant een verlies gerapporteerd op enige op die dag geopende en gesloten demo-transacties, dat het percentage van 8% max. dagelijks verlies van het Aanvangskapitaal voor de betreffende optie zou overschrijden.<\/p>\n (c) op geen enkel moment tijdens Fase 2 heeft de Klant een verlies gerapporteerd op geopende en gesloten demo-transacties, dat in totaal het percentage van 12% max verlies van het Aanvangskapitaal voor de betreffende optie zou overschrijden.<\/p>\n (d) tijdens Fase 2 rapporteerde de Klant een totale winst van 5% op alle gesloten demo-transacties ten bedrage van ten minste het percentage van het Aanvangskapitaal voor de betreffende Fase.<\/p>\n (e) Het is de Klant niet toegestaan meer dan 200 Lots in \u00e9\u00e9n richting te openen (Kopen of Verkopen). 8.7.3. 8.8. 8.9. 9.1. 9.2. 9.3. 9.3.1. 9.3.2. 9.3.3. 9.3.4. 9.3.5. 9.4. 9.4.1. 9.4.2. 9.6. Als de Klant succesvol is in de Uitdagingen (Klassiek of Speedy), kan de Klant een contract aangeboden krijgen door een derde partij om deel te nemen aan het Traderscale Programma. 11.1. 11.2. 11.3. 11.4. 11.5. 11.5.1. 11.5.2. 11.5.3. 11.5.4. 11.5.6. 11.5.7. 11.6. 12.1. 12.2. 12.3. 12.4. 12.5. 13.1. 14.1. 14.2.
\nPerform gap trading by opening trade(s): \u00a0 (a) wanneer belangrijk mondiaal nieuws, macro-economische gebeurtenissen of bedrijfsrapporten of -inkomsten (“Gebeurtenissen”) zijn gepland die de relevante financi\u00eble markt (d.w.z. de markt waarop financi\u00eble instrumenten kunnen worden verhandeld die door de Gebeurtenissen kunnen worden be\u00efnvloed) kunnen be\u00efnvloeden; en \u00a0 (b) 2 uur of minder voordat een relevante financi\u00eble markt voor 2 uur of langer gesloten is.<\/p>\n
\nExecute trades contrary to how trading is actually performed in the foreign exchange market or in any other financial market, or in a way that creates justified concerns that the Company might suffer financial or other damage as a result of the Customer\u2019s activities (e.g. overleveraging, overexposure, one-sided bets, account rolling).<\/p>\n
\nOur Services are for the Customer\u2019s personal use only, meaning that only you personally can access your Challenges accounts and perform trades.
\nFor that reason, you agree not to:<\/p>\n
\n(gezamenlijk aangeduid als de “Verboden handelspraktijken”) \u00a0 Houd er rekening mee dat als je handelt of je gedraagt in strijd met het bovenstaande, wij een dergelijke handeling zullen beschouwen als een Verboden handelspraktijk krachtens artikel 7 met de respectieve gevolgen zoals waargenomen onder deze Overeenkomst.<\/p>\n
\nDe Klant zal de Diensten niet exploiteren door transacties uit te voeren zonder de standaardregels voor risicobeheer voor handel op financi\u00eble markten toe te passen, dit omvat onder andere de volgende praktijken
\n(i) het openen van substantieel grotere posities in vergelijking met andere transacties van de Klant, hetzij op dit account of op een ander account van de Klant, of
\n(ii) het openen van een aanzienlijk kleiner of groter aantal posities in vergelijking met andere transacties van de Klant, hetzij op dit account of op een ander account van de Klant. \u00a0 Na onderzoek behoudt het Bedrijf zich het recht voor om naar eigen goeddunken te onderzoeken en te bepalen of bepaalde transacties, praktijken, strategie\u00ebn of situaties Verboden Handelspraktijken zijn.<\/p>\n
\nIf the Customer engages in any of the Forbidden Trading Practice described in clause<\/p>\n
\nIn such cases, the Company may without notice:<\/p>\n
\nremove the transactions that violate the prohibition from the Customer\u2019s trading history and\/or not count their results in the profits and\/or losses achieved by the demo trading,<\/p>\n
\nimmediately cancel all Services provided to the Customer and subsequently terminate this Agreement, and\/or<\/p>\n
\nreduce the offered leverage on products on any or all Customer\u2019s accounts.<\/p>\n
\nIn case when some or all Forbidden Trading Practices are executed on one or more Challenges and accounts of one Customer, or accounts of various Customers, or by combining trading through Challenges accounts and Traderscale Trader accounts, then the Company reserves the right to:<\/p>\n
\ncancel all Services and terminate all respective contracts related to any and all Customer\u2019s Challenges accounts and\/or apply other measures in Clause 7.2.
\nThe Company may exercise any and all actions in Clauses 7.2.
\nand 7.3 at its own discretion.<\/p>\n
\nIf any Traderscale accounts were used for or were involved in the Forbidden Trading Practices, this will constitute a breach of the respective terms of this Agreement for Traderscale account with third-party Company and may result in cancellation of all such user accounts and termination of respective agreements by the third-party Company.<\/p>\n
\nIf the Customer engages in any of the practices described in clause 7.1repeatedly, and the Company has previously notified the Customer thereof, the Company may restrict the Customer from accessing all Services or their parts, including access to the Client Area and Trading Platform, without any compensation.
\nIn such a case, the Customer is not entitled to a refund of the Fees paid.<\/p>\n
\nThe Company does not bear any responsibility for trading or other investment activities performed by the Customer outside the relationship with the Company, for example by using data or other information from the Client Area, Trading Platform, or otherwise related to the Services in real trading on financial markets, not even if the Customer uses for such trading the same Trading Platform that the Customer uses for demo trading.<\/p>\n\n
\nAfter paying the fee for the selected or customized option of the Challenges, the Customer will receive the relevant login data for the Trading Platform at the e-mail address provided by the Customer or in the Client Area.
\nThe Customer can activate the Challenges by opening the first demo trade in the Trading Platform.<\/p>\n
\nIf you are a consumer, you acknowledge that, by opening the first demo trade, you expressly demand the Company to provide the Services before the expiration of the period for withdrawal from the contract, which waives your right to withdraw from the contract, as specified in detail in clause 15.<\/p>\n
\nThe Challenges lasts for 30 calendar days from the date of its activation.
\nIf you do not activate the Challenges within 30 calendar days of the date on which it was made available to you, your access to it will be suspended.
\nYou can request the renewal of access via the Client Area or by sending an e-mail to support@traderscale.com within 90 calendar days of the initial suspension, otherwise we will terminate the provision of the Services without any right to request a refund.<\/p>\n
\nPHASE 1 \u2013 CHALLENGES<\/p>\n
\nIn order for the Customer to meet the conditions of the Challenges \u2013 Phase 1, the Customer must fulfill all of the following parameters at the same time before the Challenge ends.
\nSpecifically:<\/p>\n
\nDe Klant mag niet meer dan 400 Lots in beide richtingen openen (Kopen en Verkopen). \u00a0 De bovenstaande parameters worden in meer detail uitgelegd op de Website.<\/p>\n
\nIf the Customer has met the conditions of the Challenges \u2013 Phase 1 specified in clause 8.4, and at the same time has not breached this Agreement, in particular the rules of demo trading under clause 6, the Company will consider the Challenges \u2013 Phase 1 as successful and the Customer will be able to proceed to the Phase 2 free of charge.
\nIn case this arises, the Company will send login details to the Customer\u2019s e-mail address or Client Area.
\nThe Company shall not evaluate the Challenges if the Customer has not closed all trades.<\/p>\n
\nIf during the Challenges \u2013 Phase 1 the Customer does not comply with some of the conditions specified in clause 8.4.1, the Challenges \u2013 Phase 1 will be evaluated as unsuccessful, and the Customer will not be allowed access to the Phase 2.<\/p>\n
\nPHASE 2 \u2013 CHALLENGES<\/p>\n
\nThe Customer shall activate the Phase 2 by opening the first demo trade in the Trading Platform.
\nIf the Customer does not activate the Phase 2 within 30 calendar days from the day on which the Customer received the new login data, the Customer\u2019s access to the Phase 2 will be suspended.
\nThe Customer may request the renewal of access via the Client Area or by sending an e-mail to support@traderscale.com within 90 calendar days of the suspension, otherwise we will terminate the provision of the Services without any right to a refund.<\/p>\n
\nIn order for the Customer to meet the conditions of the Phase 2, the Customer must fulfil all of the following parameters at the same time by the end of Phase 2:<\/p>\n
\nDe Klant mag niet meer dan 400 Lots in beide richtingen openen (Kopen en Verkopen). \u00a0 De bovenstaande parameters worden in meer detail uitgelegd op de Website.<\/p>\n
\nIn order for the Customer to meet conditions of the Phase 2, the Customer shall comply with the following: \u00a0 (a) Customer has met the conditions of the Phase 2 specified in clause 8.6.2; \u00a0 (b) Customer has not violated this Agreement in particular, the rules of demo trading under clause 6;<\/p>\n
\nIf during the Phase 2, the Customer does not comply with any of the conditions specified in clauses 8.7.2 and 8.7.3, the Phase 2 will be evaluated as unsuccessful, and the Customer will not be recommended as a candidate for the Traderscale program.
\nIn such cases, the Customer\u2019s account and Services will be cancelled without refund of fees already paid.
\nThe Company shall not be responsible in case the Customer has been rejected by the Traderscale program.<\/p>\n
\nIf the above conditions are met, the Company will evaluate the Phase 2 as successful and will recommend the Customer as a candidate for Traderscale program.
\nThe Customer may request the evaluation of the Phase 2 at any time by sending a request to support@traderscale.com or via the Client Area.
\nThe Company shall not evaluate the Phase 2 if the Customer has not closed all transactions.<\/p>\n\n
\nAfter paying the fee for the selected option of the Challenges, the Customer will receive the relevant login data for the Trading Platform at the e-mail address provided by the Customer or in the Client Area.
\nThe Customer can activate the Challenges by opening the first demo trade in the Trading Platform.<\/p>\n
\nIf you are a consumer, you acknowledge that, by opening the first demo trade, you expressly demand the Company to complete the Services before the expiration of the period for withdrawal from the contract, which waives your right to withdraw from the contract, as specified in detail in clause 15.<\/p>\n
\nIn order for the Customer to meet the conditions of the Challenges, the Customer must fulfill all of the following parameters at the same time by the end of the Challenges:<\/p>\n
\nduring the Challenges, the Customer has opened at least one demo trade on at least ten (10) different trading days;<\/p>\n
\nat no time during the Challenges did the Customer report a loss on any demo trades opened and closed on that day, which would exceed the percentage of 4% max daily loss of the Initial Capital for the respective option.<\/p>\n
\nat no time during the Challenges did the Customer report a loss on any opened and closed demo transactions, which would exceed in total the percentage of 8% max loss of the Initial Capital for the respective option.<\/p>\n
\nduring the Challenges, the Customer reported a total profit of 10% on all closed demo trades amounting to at least the percentage of the Initial Capital for the respective.<\/p>\n
\nThe Customer is not allowed to open more than 200 Lots in one direction (Buy or Sell).
\nThe Customer is not allowed to open more than 400 Lots in both directions (Buy and Sell). \u00a0 De bovenstaande parameters worden in meer detail uitgelegd op de Website.<\/p>\n
\nFor the Customer to meet the conditions of the Challenges, the Customer shall comply with the following:<\/p>\n
\nCustomer has met the conditions of the Challenges specified in clause 7.2;<\/p>\n
\nCustomer has not violated this Agreement, in particular, the rules of demo trading under clause 5.4; and \u00a0 If the above conditions are met, the Company will evaluate the Challenges as successful and will recommend the Customer as a candidate for Traderscale program.
\nThe Company does not have to evaluate the Challenges if the Customer has not closed all transactions. \u00a0 9.5.
\nIf during the Challenges the Customer does not comply with some of the conditions specified in clause 9.3, the Challenges will be evaluated as unsuccessful, and the Customer will not be recommended as a candidate for the Traderscale program.
\nIn such cases, the Customer\u2019s account and Services will be cancelled without refund of fees already paid.<\/p>\n
\nThe Challenges lasts for 30 calendar days from the date of its activation.
\nIf you do not activate the Challenges within 30 calendar days of the date on which it was made available to you, your access to it will be suspended.
\nYou can request the renewal of access via the Client Area or by sending an e-mail to support@traderscale.com within 90 calendar days of the initial suspension, otherwise we will terminate the provision of the Services without any right to request a refund.<\/p>\n\n
\nDe voorwaarden, bepalingen en overeenkomst tussen de Klant en een derde partij zijn strikt tussen de Klant en de derde partij, maar de Klant behoudt nog steeds toegang tot het Klantengedeelte.
\nDe Onderneming is op geen enkele wijze betrokken bij de Traderscale programmaovereenkomst – of het gebrek daaraan – die wordt uitgevoerd tussen het externe bedrijf en de Klant.
\nDe Klant erkent dat zijn persoonlijke gegevens kunnen worden gedeeld met een derde partij om te overwegen een dergelijke overeenkomst aan te bieden.<\/p>\n\n
\nThe Website and all Services, including the Client Area, their appearance and all applications, data, information, multimedia elements such as texts, drawings, graphics, design, icons, images, audio and video samples, and any other content that may form the Website and the Services (collectively as the \u201cContent\u201d), are subject to legal protection pursuant to copyright laws and other legal regulations and are the property of the Company or the Company\u2019s licensors.
\nThe Company grants you limited, non-exclusive, non-transferable, non-assignable, non-passable, and revocable permission to use the Content for the purpose of using the Services for your personal use and in accordance with the purpose for which the Services are provided.
\nThe Content is not sold or otherwise transferred to you and remains the property of the Company or the Company\u2019s licensors.<\/p>\n
\nAll rights and interests and all intellectual property rights (including without limitation, all trademarks, logos, trade names, and other designations relating to the Company) are the property of the Company or the Company\u2019s suppliers or licensors and will remain the Company\u2019s property or that of the Company\u2019s suppliers or licensors at all times.
\nThe Customer acknowledges that it does not have authorization to use any intellectual property rights belonging to the Company.
\nThe Customer will have no right or interest in those intellectual property rights other than the right to access the Trading Platform.
\nThe Customer shall not copy, license, sell, transfer, make available the Trading Platform or information on the Website to any other person.<\/p>\n
\nBoth the Customer and the Company undertake to act in accordance with the principles of fair dealing in the performance of the contract and in mutual negotiations and, in particular, not to damage the good reputation and legitimate interests of the other party.
\nThe Customer and the Company will resolve any possible disagreements or disputes between them in accordance with this Agreement and the applicable law.<\/p>\n
\nExcept for the rights expressly set out in this Agreement, the Company does not grant you any other rights relating to the Services and other Content.
\nYou may only use the Services and other Content as set out in this Agreement.<\/p>\n
\nWhen accessing the Services and other Content, the following is prohibited:<\/p>\n
\nto use any tools that may adversely affect the operation of the Website and Services or that would be intended to take advantage of errors, bugs or other deficiencies of the Website and Services;<\/p>\n
\nto circumvent geographical restrictions of availability or any other technical restrictions;<\/p>\n
\nto make copies or back-ups of the Website and other Content;<\/p>\n
\nto reverse-engineer, decompile, disassemble or otherwise modify the Website and other Content; \u00a0 11.5.5.
\nto sell, rent, lend, license, distribute, reproduce, spread, stream, broadcast or use the Services or other Content otherwise than as permitted;<\/p>\n
\nto use automated means to view, display or collect information available through the Website or Services; and<\/p>\n
\nto use any other tools or means the use of which could cause any damage to the Company.<\/p>\n
\nThe provisions of clause 11 are not intended to deprive the Customer of the Customer\u2019s consumer rights which cannot be excluded by law.<\/p>\n\n
\nYou acknowledge that the Services and other Content are provided \u201cas is\u201d.
\nThe Company makes no warranties (express or implied), representations, or guarantees as to merchantability, fitness for any particular purpose or otherwise with respect to the Trading Platform, their content, any documentation or any hardware or software provided by the Company.
\nAny technical difficulties such as errors, defects and shortcomings is at the Customer\u2019s responsibility and risk.
\nTo the maximum extent permitted, the Company disclaims any statutory, contractual, express, and implied warranties of any kind, including any warranty of quality, merchantability, fitness for a particular purpose, or non-infringement of any rights.<\/p>\n
\nThe Customer acknowledges that the Services may not be available at all times, particularly with respect to maintenance, upgrades, or any other reasons.
\nThe Company bears no responsibility, and the Customer is not entitled to any compensation, for the unavailability of the Client Area or Trading Platform and for damage or loss of any data or other content that Customer uploads, transfers or saves through the Client Area or Trading Platform.<\/p>\n
\nTo the maximum extent permitted, the Company is not responsible for any harm, including any indirect, incidental, special, punitive or consequential damages, including lost profit, loss of data, personal or other non-monetary harm or property damage caused as a result of use of the Services or reliance on any tool, functionality, information or any other Content available in connection with the use of the Services or elsewhere on the Website.
\nThe Company is not responsible for any products, services, applications or other third-party content that the Customer uses in connection with the Services.
\nIf the Company\u2019s liability is inferred in connection with the operation of the Website or provision of the Services by a court or any other competent authority, such liability shall be limited to the amount corresponding to the fee paid by the Customer for the Services in connection with which the Customer has incurred the damage.<\/p>\n
\nThe Company reserves the right to modify, change, replace, add, or remove any elements and functions of the Services at any time without any compensation.<\/p>\n
\nThe Company is not responsible for its failure to provide the purchased Services if that failure occurs due to serious technical or operational reasons beyond the Company\u2019s control, in the case of any crisis or imminent crisis, natural disaster, war, insurrection, pandemic, a threat to a large number of people or other force majeure events, and\/or if the Company is prevented from providing the Services as a result of any obligations imposed by law or a decision of a public authority. \u00a0 12.6.
\nThe provisions of Clause 12 are not intended to deprive the Customer of the Customer\u2019s consumer or other rights that cannot be excluded by law.<\/p>\n\n
\nIf the Customer violates any provision of this Agreement in a manner that may cause any harm to the Company, in particular, if the Customer accesses the Services in conflict with clause 1.3 and 1.4, if the Customer provides incomplete, untrue or non-updated information in conflict with clause 2.4, if the Customer acts in a manner that may be damaging to the Company\u2019s good reputation, if the Customer violates the Demo Trading Rules pursuant to clause 6, if the Customer acts in conflict with clause 11.3, and\/or if the Customer performs any of the activities referred to in clause 11.5, the Company may prevent the Customer from ordering any other Services and completely or partially restrict the Customer\u2019s access to all or only some Services, including access to the Client Area and Trading Platform, without any prior notice and without any compensation.<\/p>\n\n
\nYou acknowledge that all communication from the Company or its partners in connection with the provision of Services will take place through the Client Area or your e-mail address, which you register with us.
\nWritten electronic communication by e-mail or through the Client Area is also considered to be written communication.<\/p>\n
\nOur contact e-mail address is support@traderscale.com<\/a><\/p>\n