Our Terms & Conditions
You are responsible for reading and understanding these Terms and Conditions pursuant to which all tournaments, games of skill, trades, transactions, or offerings via this site are governed.
1. The trade name is owned and operated under regulated authority.
2. The Company does not provide a market or exchange amongst or between customers for
trades, securities, derivatives, options, or market speculations. Each trade placed by a
customer is an individual skill-based game between the customer and the Company and is not a
trade, security, derivative, option, or market speculation, nor is it transferable, negotiable
or assignable to or with any third party. Actual exchange traded binary options also exist and
are fundamentally different to the offerings available to customers via this site. On an actual
options exchange participants trade against other participants over the exchange. This site is
not an options nor futures exchange which are regulated differently, by regulators who oversee
dealings and dealers in tradable financial instruments, financial markets, options and/or
futures as well as the exchanges over which such financial products are dealt.
3. Prices of a stock, commodity, currency or index can be highly volatile and
difficult to predict. Due to such volatility, no trade placed within this site should be
considered a safe bet. The services offered by this site are only suitable for customers who
understand the risks involved and are able to bear the loss of all the money they stake. The
maximum losses that may be incurred by any customer is limited to the amount of money paid by
the customer to the Company.
4. Each customer will create a personal password which should be kept strictly
confidential as all transactions where a customer’s email and password have been correctly
entered will be regarded as valid, subject to meeting the criteria for placing trades laid down
in these Terms and Conditions. You agree to be fully and personally liable for the due
settlement of every transaction entered under your account. The Company will not be liable for
any loss you may incur as a result of misuse of your account and accepts no liability resulting
from any unauthorized use, whether fraudulent or otherwise. This includes, without limitation,
any transactions by members of your family or entourage who have gained access to your account.
You are responsible for ensuring that you alone control access to the account, and that no
minors are granted access to trading on this site. You remain fully liable for all trades and
credit/debit card transactions entered for your account. You agree to indemnify the Company in
respect to all costs and losses of any kind whatsoever as may be incurred by the Company as a
result, direct or indirect, of your failure to perform or settle such transactions.
5. The Company will not be liable in any way to any customer in the event of force
majeure, or for the act of any Government or legal authority, or for the failure of or damage or
destruction to its computer systems, data or records or any part thereof, or for delays, losses,
errors or omissions resulting from the failure or mismanagement of any telecommunications or
computer equipment or software. The Company reserves the right to void any part or all of any
trade or any event that is not completed (e.g. frozen, abandoned, and postponed). The Company
may, at its sole discretion, suspend the relevant offerings on our site and cancel all trades
relevant to any assets where:
• the stock exchange or interbank authority suspends trading activities of any asset offered
on this site,
• a blatant error is made in transmission of any asset data,
• the Company has reason to believe that a trade is placed after the outcome of an event is
known or with reasonably foreseeable knowledge of the event which gives an undue advantage or
superior position;
• as a result of political, economic, military or monetary events (including unusual market
volatility or liquidity) or any circumstances outside the control, responsibility or power of
the Company, the continued operation of any offering on this site is not reasonably practicable
without adversely affecting and prejudicing the interests of customers or the Company; or
• there is a breakdown in the means of communication normally employed in determining the
price or value of any of the assets or where the price or value of any of the assets cannot be
promptly or accurately ascertained.
In such event, the Company shall refund the stakes corresponding to any cancelled trades to the
customer, and no further claim may be entertained against the Company in connection thereto.
6. The Company reserves the right at its sole discretion to refuse and/or cancel
services to anyone for any reason including, without limitation, any instance where:
• the customer’s activities at this site may be illegal in that person’s country or state;
• the Company may be contacted by legal authorities or regulators from that person’s country
or state;
• the Company may suffer any pecuniary, fiscal or regulatory disadvantage by virtue of that
person’s activities at this site; or
• transactions on this site are performed in breach of the Terms and Conditions.
7. No person shall abuse this site for the purpose of money laundering. The Company
employs best-practice anti-money laundering procedures, which can have several effects on
customers. The Company reserves the right to refuse to do business with, to discontinue to do
business with, and to reverse the transactions of, customers who do not accept or adhere to
these anti-money laundering processes. Accounts may be frozen or closed if satisfactory customer
due diligence documentation is not provided. The anti-money laundering processes have the
following effects on customers:
• You must fill into the account opening form all requested details that establish your
identity.
• The Company may, from time to time, at its sole discretion, require you to provide proof
of identity (such as notarized copy of passport or other means of identity verification as the
Company deems required under the circumstances) and may suspend an account until such proof has
been provided to its satisfaction.
• You agree that we may use the personal information you provide in order to conduct
anti-fraud checks. Personal information that you provide may be disclosed to a credit reference
or fraud prevention agency, which may keep a record of that information.
• Earnings payouts or withdrawals may only be paid to the initiator of an account. When a
customer maintains an account by means of telegraphic deposits, earnings payouts or withdrawals
are only paid to the holder of the originating bank account, and the onus is on the customer to
ensure that account number and name accompany all transfers to the Company. When a customer
maintains an account by means of credit/debit card deposits, earnings payouts or withdrawals are
only paid back to the same card.
• Only one account is allowed per person. No earnings payouts may be collected on accounts
opened in false names or on multiple accounts opened by the same person.
8. The Company may impose trade volume and other limits on Customer accounts at its
sole discretion. The current trade volume limit upon account opening is USD/GBP/EUR 25,000/day
maximum trading volume. The maximum account size (i.e. cash balance) is USD/GBP/EUR 30,000. The
maximum outstanding payout with respect to active trades at a given time per account is
USD/GBP/EUR 30,000. The maximum payout to any one customer with respect to any one day’s
completed trades is USD/GBP/EUR 30,000. These limits are increased once a customer fully
authenticates himself; where after the new maximum trading volume will be USD/GBP/EUR
250,000/day, having a maximum account size of USD/GBP/EUR 250,000, and a maximum outstanding
payout for active trades at a given time per account of USD/GBP/EUR 250,000. Payouts for
completed trades remain subject to the stated daily maximum payout to any one customer in any
one day, irrespective of total trades’ stakes or number of winning trades. The onus is on the
customer to stay within the stated limits. Once a customer’s account balance exceeds the maximum
account size, then withdrawals must be made to bring the balance to within the limits.
9. Persons with insider knowledge of any financial market or instrument are
prohibited from trading at this site. It is a condition of the Company’s acceptance of trades
from you, and by your offering to place trades that you represent that: (a) you are not
prohibited from placing the trade by any term of your contract of employment or any rule of a
Financial Market Governing Body which applies to you; (b) you are not aware of any circumstances
which would make the placing of the trade a breach of a rule applied by a Financial Market
Governing Body; (c) when a trade is placed on the outcome of any event or process (“the event”)
you do not possess advanced superior knowledge as to the outcome of the event or on the
likelihood of anything occurring or not occurring; (d) you are the person whose details are
provided in connection with your registration; and (e) you are not an undischarged bankrupt or
in a voluntary arrangement with your creditors. In the event of any such representation by you
proving to be false, your trade stakes will be forfeit and the Company shall not be obliged to
make any payouts which might otherwise have been payable.
10. Asset pricing: All prices displayed on this site are based on official quotes
from the relevant stock exchange or interbank authorities. The Company provides its customers
with real-time streaming prices or quotes by collecting and aggregating information sourced
through independent price providers, relevant exchanges, and interbank authorities who supply
liquidity and information to the global financial, forex and/or futures markets. The current
market price we display represents our objective view of the prices available to arm’s length
traders at the relevant time. In order to ascertain and calculate current fair market prices the
Company accesses a number of different data sources and is required to take a number of factors
into account including volume weighting and market volatility. All trades are priced and settled
using the current market price as displayed by the Company at the relevant time. The company’s
pricing on all available assets is fully transparent and the complete price history for all
assets is made available to all customers using the Tick by Tick Search function.
11. Strategy: The stakes for each trade are subtracted from the customer’s account at
the time the customer places the trade. The earnings for each winning trade are credited to the
customer’s account following the trade’s expiry. The strike price given for each trade is
according to the official price quote indicated by the Company (“the Offered Price”) and is
recorded according to the Offered Price as exists at the time the trade is recorded on our
Transactions Server. The expiry price given for each trade is according to the official price
quote indicated by the Company at the time of the trade expiry. For assets which have both an
ask and bid price quote, the mean price is used and is determined by (Ask+Bid)/2 = Mean Price.
12. Profit calculation: We offer up to 90% profit on successful trades. Variable
profit rates apply. Profit rates are in flux and can change rapidly. The available profit ranges
from 70% to 90%. At the highest rate 90%, this is a 190% total return on your trade inclusive of
the trade stakes returned plus the profit rate. The governing profit rate on a trade is the rate
shown at the time the trade is recorded on our Transactions Server.
13. Expiry lockout: Trading is unavailable within the relevant lockout period prior
to expiry. The lockout period for each expiry is indicated by the clock on the chart when the
expiry is selected. Once the lockout time for a given expiry is reached, a trade recorded after
this time will be registered for the next expiry of that kind. Any trade which is filled by our
Transaction Server following the lockout period will automatically carry over and be filled for
the following expiry of that kind. Placing a trade very close to the lockout will run the risk
of the trade being filled for the following expiry. We also offer Countdown expiries of 60
seconds, 120 seconds and 300 seconds with no lockout.
14. Each trade successfully placed by the customer will be given an individual
transaction confirmation number. Once a trade is placed, it cannot be cancelled. Trades will
only be valid, subject to meeting the criteria for placing trades laid down in these Terms and
Conditions, if accepted by our Transactions Server. The Company is not liable for the settlement
of any trade where a transaction confirmation number is not issued and displayed in the
customer’s ‘Account Journal’ page of this site.
15. Our Transactions Server log governs with respect to all determinations of timing
including the time at which a trade is placed, the applicable profit rate, strike price, and
expiry price, irrespective of the time at which the customer may have attempted to place the
trade or the time at which the stock exchange or interbank authorities published prices. In the
event of a query, it is your responsibility to be notified at the earliest opportunity. Any
queries relating to a trade must be raised no later than twelve hours after the trade has been
settled. The Company cannot guarantee that it will be able to respond to any query which is not
raised within this time. Our real-time streaming price data governs with respect to any issues
involving the pricing or settlement of trades irrespective of any differing price information
which might be displayed by third party data providers. With respect to any issues as to times,
prices, and trade settlements, the decision of the Company shall be final and binding.
16. The Company reserves the right to correct any obvious errors and to void any
trades placed where such have occurred. In the event that any trade’s pricing grossly deviates
from fair market prices due to an undetected programming error, bug or glitch in our software,
the Company reserves the right to cancel or reverse such transactions upon notification to the
customer of the nature of the computer error that led to the mis-pricing. In such event, the
Company shall refund to the customer the stakes corresponding to any cancelled trades, and no
further claim may be entertained against the Company in connection thereto. Customers have a
duty to report to the Company any problems or suspected system inadequacies that they may
experience including without limitation extrinsic information providing asset data ahead of the
Company’s and customers may not abuse system problems or inadequacies for profit. The Company
will endeavor to resolve any such difficulties in the shortest time possible.
17. Any concern or claim over a trade should first be e-mailed to us at our support
mail and we will make every effort to resolve the matter in a mutually satisfactory manner.
However, if you still feel that you have been unfairly treated your dispute should be raised.
Any information given on the this site, and/or emails or newsletters sent by the Company related
thereto is not intended as financial or trade advice and the Company will not accept any
liability for either its comprehensiveness or accuracy. Customers agree to receive such
information from the Company and its partners unless they ask to be opted out from the receipt
of any such mailings.
18. With respect to any asset pricing, data or other information displayed on this
site, (a) such content is indicative only and neither the Company nor any of its licensors gives
any warranty that the supply of content on this site will be uninterrupted or as to its
accuracy; (b) the Company and its licensors are not responsible or liable if any such content is
inaccurate or incomplete; (c) the Company and its licensors are not responsible or liable for
any actions that you take or do not take based on such content; (d) such content is proprietary
to the Company and/or its licensors and you are not permitted to retransmit, redistribute,
publish, disclose or display in whole or in part such content to others; and (e) all content is
provided for your own personal usage and the distribution, reproduction or commercial
exploitation of such content in any manner whatsoever is prohibited.
19. The Company may at any time, at its sole discretion, alter or amend, add,
withdraw, or suspend from the site any of the available tournaments, games of skill, trading
services or offerings, or any part thereof and may alter stakes, features, specifications,
capabilities, functions and/or other characteristics of any of the available tournaments, games
of skill, trading services or offerings, or any part thereof; and may alter or change the rules
and scope of this service from time to time, including changes to these Terms and Conditions.
Any change made shall not apply retrospectively and shall only apply to the available
tournaments, games of skill, trading services or offerings after such change.
20. In the event that any provision of these Terms and Conditions is deemed by any
competent authority to be unenforceable or invalid, the relevant provision shall be modified to
allow it to be enforced in line with the intention of the original text to the fullest extent
permitted by applicable law. The validity and enforceability of the remaining provisions of
these Terms and Conditions shall not be affected. Any provision of these Terms and Conditions
which may be deemed invalid, illegal or unenforceable in any jurisdiction will be ineffective in
that particular jurisdiction, without affecting the validity, legality or enforceability of that
provision in other jurisdictions. In the event of any differences between the English version
and any other language, the English version shall prevail.
21. The company may charge you for a 25% trade commission depends on the signal
software used in your account to facilitate high profit realization
22. All successful deposits are received instantly into our account. You will not be
entitled to interest on funds that are held in your account. Your account should not be used as
a mere depository for funds or as a substitute for a bank. Customer accounts which have zero
funds in them and are not used for a period of 12 consecutive months shall be closed. In the
event that you have funds in your account and you do not play any game or place any trade on the
site for a period of 36 consecutive months, the Company will advise you in writing; and,
thereafter, the Company may charge a monthly management fee of USD/GBP/EUR 30 until the account
is used for trading or the funds are withdrawn.
23. Only one account is allowed per customer. The Company reserves the right to close
any duplicate accounts. In respect of any such duplicate accounts that are located, the Company
reserves the right to cancel any transactions on the duplicate account. The Company also
reserves the right to suspend or close any account and cancel any associated transactions where
the account holder and the owner of the funding instrument are not the same. Employees of the
Company may not open an account or register on this site whether in their own name or on behalf
of another.
24. You may choose to contact us to close your account held with the Company. Your
account may be closed if you do not have any open trade positions and if you have complied with
the requested “Know Your Client” procedures to enable you to withdraw any pending funds in your
account.
The Company may, at its sole discretion, exclude selected players from receiving the selected
promotions such as bonuses, free plays/trades, money-back specials, and/or any other promotions
and offers introduced by the Company from time to time.
25. Notices and other communications delivered or mailed to the postal address or to
the electronic-mail address provided by you shall, until we have received notice in writing of
any different address, be deemed to have been personally delivered and received once sent,
whether actually received or not.
26. You may only open an account at this site on condition that:
• you have read these Legal Terms and Conditions in full and understood that all actions you
take on this site are subject to these Terms and Conditions;
• you have read our privacy statement and hereby give us consent to process your personal
information as outlined therein;
• you are over 18 years of age, unless you are an Estonian resident whereby you would have
to be over 21;
• you have sufficient experience and knowledge in matters of financial markets to be capable
of evaluating the merits and risks of the tournaments, games of skill, and/or trading available
via this site and have done so without relying on any information contained at this site.