THESE TERMS AND CONDITIONS (the “Agreement”, “User Agreement”, “Online Services Agreement”) are entered into as of the date it was accepted by the Client on the Company’s website Fibonetix.com (the “Effective Date”) and thereby regulate the relations between “the Client” and “the Company”. The Company’s website Fibonetix.com is a property of and operated by a legal entity of Zeus Tech & Trading Group Ltd, whose address is at 24 Boulevard d'Avranches, 1160 Luxembourg and is incorporated under the laws of the aforementioned country.
Important – Please read the Terms and Conditions carefully prior to the account creation procedure.
The following describes the terms and conditions upon which Zeus Tech & Trading Group Ltd offers to its Clients (hereinafter "You" or "User" or "Customer”) access to (1) The website Fibonetix.com – property of Zeus Tech & Trading Group Ltd; and (2) to its services (hereinafter the "Services").
This Agreement also describes the associated risks if using the available services provided by the company. In the event of arisen questions connected to this Agreement, please contact The Company’s Customer Support.
You must read, agree with and accept all the terms and conditions contained in this User Agreement without modifications, which include those terms and conditions expressly set forth below and those incorporated by reference, before you may become a customer of the company. By continuing to access or use the website, you agree to follow the Terms and Conditions of this Agreement as they may apply to you.
The Company may Amend or Revise this Agreement (the “Additional Terms”) at any time by posting the Additional Terms on the Site and, by continuing to trade through the platform, you consent that you agree to be bound by future revisions. Whenever such changes to the General Terms & Conditions of this website are made, the company will post such changes on the website.
All Amendments or Additional Terms shall be effective two weeks after their initial posting on the website, or as of the first time that you use our services after such amendments were made, whichever is sooner. If you do not agree to be bound by the changes to the terms and conditions of this Agreement, do not use or access our services and inform us in writing immediately.
This Online Services Agreement is made by the company and you. This Agreement applies to Company’s trading platform, as well as to the electronic content and/or software currently contained on the website that supplies the customer with real-time information and any other features, content or services that the company may add in the future.
Our services are available to and may only be used by individuals or companies who can form legally binding contracts under the law, applicable to their country of residence. Without limiting the foregoing, our services are not available to persons under the age of 18 or otherwise under legal age ("Minors"). If you do not qualify, please do not use our website. For the avoidance of doubt, we shall not be responsible for any unauthorized use of our Services by Minors in any way or manner.
Furthermore, our services are available only to, and may only be used by individuals who have sufficient experience and knowledge in financial matters to be capable of evaluating the merits and risks of acquiring financial contracts through the company and have done so without relying on any information contained in its website. Without derogating from the above provision, we shall not be responsible for verifying and/or checking, whether you possess such sufficient knowledge and/or experience, nor shall we be responsible for any damage and/or loss incurred by you as a result of insufficient knowledge and/or experience. If you do not qualify, please do not use our website. Without limiting the foregoing, our services are not available where they are illegal to use, and the company reserves the right to refuse and/or cancel services to anyone at its own discretion.
By agreeing to these Terms and Conditions, you understand that laws regarding financial contracts vary throughout the world, and it is your obligation alone to ensure that you fully comply with any law, regulations or directives relevant to your country of residence with regard to the use of the website. For the avoidance of doubt, the ability to access our website does not necessarily mean that our services and/or your activities through it are legal under the laws, regulations or directives relevant to your country of residence. This website does not constitute, and may not be used for the purposes of, an offer and/or solicitation to anyone in any jurisdiction in which such offer and/or solicitation is not authorized, and/or to any person to whom it is unlawful to make such an offer and/or solicitation. Access to this website and the offering of financial contracts via this site may be restricted in certain jurisdictions, and, accordingly, users accessing this site are required to inform themselves of, and to observe such restrictions. You hereby declare that the money invested in your account with The company do not originate from any criminal or illegal activity.
The company grants you a non-exclusive, non-transferable and limited personal access to use its website (the "License"). This License is conditioned on your consistent compliance with the terms and conditions of this Agreement. You agree not to "deep-link" to the website, resell or permit your granted access to others, and not to copy any materials appearing on the website for resale or for any other purpose to others without the prior written consent of the company. For the avoidance of doubt, you shall be responsible and bound by any unauthorized use of the site, made in breach of this section. You agree to use the information received from the information systems of Fibonetix.com for the sole purpose of executing transactions inside and within the website itself. In addition, you consent not to use electronic communication feature of a Service on the Site for any illegal, abusive, intrusive, obscene, threatening or hateful purpose, as well as harassment and vilification in the privacy of others.
The License granted under this Agreement will be terminated if the company believes that any information provided by you, including your e-mail address, is no longer current or accurate, or if you fail to otherwise comply with any term or condition of this Agreement and all rules and guidelines for each service the company establishes and you have abused in any way (including but not limited to engaging in a transaction out of market rates) the company’s trading platform. Upon such violations, you will be no longer eligible to use our services.
You agree that the company, at its sole discretion and with or without notice, may terminate your access to any or all services, close your open transaction and remove and discard any information or content within a Service Communications Unless otherwise indicated for a particular Service, any communications or material of any kind that you e-mail or otherwise transmit through the services, including information, data, questions, comments or suggestions (your "Communications") will be treated as non-proprietary and non-confidential. By accepting this Agreement, you consent a permission to the company to use your communications in any way it sees fit, either on the website or elsewhere, with no liability or obligation to you. The company is free to use any idea, concept, know-how or technique or information contained in your communications for any purpose including, but not limited to, developing and marketing products. In addition:
Zeus Tech & Trading Group Ltd will supply you with the informational and technical means to use its Services in a twenty-four-hour mode of operation starting Sunday 22:00 GMT to Friday 21:00 GMT except on official holidays in Europe. The company shall provide you with access to trading transactions and quotes through the reserve in a twenty-four-hour mode of operation starting Sunday 22:00 GMT to Friday 21:00 GMT, except for official holidays in Europe, through the company’s operators. The company will fulfill to the best of its abilities all your trading orders, keep the register of your orders and of their fulfillment, and will provide you with necessary extracts upon your request.
The company shall provide the following online reports:
Tax collection - you know, understand and agree that, in general, the company does not collect tax on behalf of any authority in any form or manner.
The company forbids connecting / trading/depositing using two different accounts from the same computer / IP.
Without limiting the foregoing, it is your obligation alone to calculate and pay all taxes applicable to you in your country of residence, or otherwise arising as a result of your trading activity from the use of the company’s services. Without derogating from your sole and entire responsibility to perform tax payments, you agree that the company may deduct tax, as may be required by the applicable law, but is not obligated to do so, from the results of the activity with the company.
When you register for the service, the company will ask you to provide certain identifying information (the "Registration"). You agree to provide true, valid, accurate, current and complete information about yourself during the Registration process, and you also agree not to impersonate any person or entity, misrepresent any affiliation with another person, entity or association, use false headers or otherwise conceal your identity from the company for any purpose.
During the Registration process, you will be asked to choose a username and password that will be used by you every time you access the Website to use the service. For your protection and that of other Website users, you should not share your Registration information (including your password and username) with another person or business entity for any purpose including, but not limited to, facilitating access and unauthorized use of the Service.
You alone are responsible for all acts or omissions that occur within the Website through the use of your Registration information. If you believe that someone has used or is using your Registration information, username or password to access any Service without your authorization, you should notify our Customer Support immediately.
Important Information About Customer Identification Procedures for opening a new account to help governments fight the funding of terrorism and money laundering activities, the applicable laws require that all financial institutions shall obtain, verify, and record information identifying each person who opens an account.
What does that mean for you? When you open an account, we ask that you provide your name, address, date of birth and other information that will allow us to identify you.
The customer hereby agrees to indemnify and hold harmless The company, its directors, officers, employees or agents from and in respect of any loss, damage, liability, cost or expense that it may suffer or incur by reason of the customer failing to discharge its obligations under or acting in breach of the terms and conditions herein contained or as a result of any breach of any applicable laws or regulations.
You agree to take full responsibility for any trading taking place on your account and shall be the only person liable for any profits and losses on your trading platform. Without limiting the foregoing, the financial services contained within this site are suitable only for customers who are able to bear the loss of all the money they invest, and who understand the risks and have experience in taking risks involved in the acquisition of financial contracts. You are responsible for careful consideration whether such Transactions suit you and your purposes while taking into consideration your resources, your personal circumstances and understanding the implications of actions made by yourself. It is highly recommended that you consult with tax experts and legal advisors.
The execution of financial transactions similar in nature to the transactions contemplated and described in this agreement involves the use of a financial leverage. The use of a high financial leverage together with the execution of the transactions described in this agreement should be considered as high-risk financial activities. Before taking the risk, we strongly recommend you to consider whether this type of activity suits your needs and financial resources. Since there’s a high risk of losing part or all the invested funds in a short period, it is advisable to use funds which are designated by you for high-risk speculative financial transactions. The cautions detailed in this disclosure section do not include all possible risks associated with the kind of transactions contemplated under this agreement. It is manifestly stated by the Customer that he fully understands that minor differences in market prices may occur in short time periods and may cause high profits or losses in relation to the securities, as high as total loss of all securities, all in short time period and that there is no existing method that can assure profits from Transactions in financial markets.
By opening an account through the company’s website, you hereby approve that you are aware of the following:
The maximum loss that may be incurred by any customer is the amount of money paid by them to The company including rolling fees for day trade deals. Subject to market conditions, Stop Loss Orders shall be executed either at the exact exchange rate selected by the customer, where the amount will be calculated automatically or at the exact amount of loss selected by the customer, where the exchange rate will be calculated accordingly.
A transaction of that nature shall be executed as soon as the distinctive ("Indicative") exchange rate is found on the financial information systems which, including the company’s spread, is either identical to the order given by the customer or indicates an identical amount of loss declared by the customer. The calculation of the price to be paid (or the payout to be received) for financial contracts on this site, at the time the financial contract is purchased or sold, will be based on The company’s best estimate of market prices and the expected level of interest rates, implied volatilities and other market conditions during the life of the financial contract, and is based on a complex arithmetic calculation. The calculation will include a spread in favor of The company. The financial contract prices (or the payout amounts) offered to customers speculating on market or index prices, may differ substantially from prices available in the primary markets where such contracts are traded, due to the spread favoring The company in the price calculation system referred to above.
The company does not provide a market amongst or between customers for investments or speculations. Each financial contract purchased by a customer via this site is an individual Agreement made between that customer and The company and is not transferable, negotiable or assignable to or with any third party.
A Day-Trading position may be extended to the following day, as presented to you on the site. Such extension is subject to a Renewal Fee (Rolling Fee) at the rate and time as specified on the site. The company through its trading platform shall collect such Renewal Fee from the free balance in your account held with The company. In the event there are not sufficient funds in your free balance to cover such fee(s), you hereby agree that The company may charge, at its sole discretion, such fee(s) from your credit card(s). Please note that the minimum charge from a credit card is USD 3.00. Accordingly, any surplus balance, after paying the Renewal Fee(s) will be credited to your balance. If The company is unable to collect such fee(s), it reserves the right to close part, or all, of your open positions. You shall be liable for promptly paying all Renewal Fee(s), even if all margins previously deposited by you have been lost.
The result of the above is that even a slight fluctuation of the market could mean substantial gains when these fluctuations are in your favor, but that could also mean considerable losses if the fluctuations are to your detriment.
No system exists that could assure you that transactions on the foreign currency market should bring you great benefits, nor is it possible to guarantee that your transactions will yield favorable results. The amount you could lose in a transaction carrying limited risk will never be more appreciable than that which you can lose in transactions having no predetermined limit on the loss.
Nevertheless, even though the extent of the losses could be subjected to an agreed-upon limit, the risk of incurring losses could be higher, and that loss could occur in a relatively short period. It is possible that some unfavorable situations on the market could occur, in a relatively short period, resulting in the total loss of your investment. Since deposit of an additional guarantee is not obligatory in this case, the company reserves the right to close the outstanding balances without the customer’s consent.
The risk information presented here does not reflect all the risks, as well as other important aspects intrinsic to the stock market. Therefore, before starting to trade, you should learn the specifics of trading on stock markets in detail. You should conclude an Agreement for opening and/or closing transactions on the market only if you are absolutely sure of the size of its possible risk and consequences and if you understand in detail the scope and range of your rights and obligations.
The company may provide you access to one or more of its services a broad range of financial information that is generated internally or obtained from agents, vendors or partners ("Third Party Providers"). This includes, but is not limited to, financial market data, quotes, news, analyst opinions and research reports, graphs or data ("Market Information"). Market Information provided on these web pages is not intended as investment advice. The company does not endorse or approve the market information, and we make it available to you only as a service for your own convenience. The company and any Third Party Providers do not guarantee the accuracy, timeliness, completeness or correct sequencing of the Market Information, or warrant any results from your use or reliance on the Market Information. Market Information may quickly become unreliable for various reasons including, for example, changes in market conditions or economic circumstances. Neither The company nor the Third Party Providers are obligated to update any information or opinions contained in any Market Information, and we may discontinue offering Market Information at any time without notice.
You agree that neither The company nor the Third Party Providers will be liable in any way for the termination, interruption, delay or inaccuracy of any Market Information. You will not "deep-link", redistribute or facilitate the redistribution of Market Information, nor will you provide access to Market Information to anyone who is not authorized by The company to receive Market Information.
You shall be responsible for providing and maintaining the means by which to access the website, which may include, but is not limited to, a personal computer, modem and telephone or other access lines. You shall be responsible for all access and service fees necessary to connect to the Website and assume all charges incurred in accessing such systems. You further assume all risks associated with the use and storage of information on your personal computer or on any other computer through which you will gain access to the Website and the services (hereinafter referred to as "Computer" or "Your Computer").
You represent and warrant that you have implemented and plan to operate and maintain appropriate protection in relation to the security and control of access to your computer, computer viruses or other similarly harmful or inappropriate materials, devices, information or data. You agree that The company will not be liable in any way to you in the event of failure of or damage or destruction to your 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.
You represent and warrant that you have implemented and plan to operate and maintain appropriate protection in relation to the security and control of access to your computer, computer viruses or other similarly harmful or inappropriate materials, devices, information or data.
You agree that The company will not be liable in any way to you in the event of failure of or damage or destruction to your 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.
You will not transmit to or in any way, whether directly or indirectly, expose The company or any of The company’s online service providers to any computer virus or other similarly harmful or inappropriate material or device.
Acquisition of a financial contract is completed when the financial contract has been customized, the premium (or the margin, as the case may be) has been calculated and payment has been verified. You agree to be fully and personally liable for the due settlement of every transaction entered into under your account with The company.
You agree to indemnify The company fully in respect to all costs and losses whatsoever as may be incurred by The company as a result, direct or indirect, of your failure to perform or settle such a transaction.
You agree that in the case that any financial contract is acquired or sold at prices that do not reflect its market prices, or that is acquired or sold at an abnormally low level of risk (the "Mispricing") due to an undetected programming Error, bug, defect, Error or glitch in our website software or any other reason resulting in mispricing (for the purpose of this section the "Error"), The company reserves the right to cancel such transactions upon notifying you of the nature of the Computer Error that led to the mispricing.
We kindly ask you to report any problem, error or other inadequacies that you may experience while using the platform to The company’s support.
The company reserves the right to suspend the operation of this site or any part or sections of it. In such an event, the company may, at its sole discretion (with or without notice), close out the customers’ open financial contracts at prices it considers fair and reasonable at such a time and no claims may be entertained against The company in connection thereto.
The company may, at its sole discretion, impose volume or other limits on Customer accounts. Contract payouts shall be determined by reference to the daily values reported on this Website relevant to the inter-bank trading data received by The company for all options, subject to the proviso that The company shall have the right to make corrections to such data in the event of mispriced or typographically incorrect data.
From 25.05.2018 The company will enforce the General Data Protection Regulation (hereinafter - the GDPR), the new European legislation meant to replace the 1995 Data Protection Directive. The GDPR which can be read in full on the CNIL website is the new Europe-wide law governing the use and handling of individuals’ personal data.
You agree that The company will not be liable in any way to you or to any other person 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 parties shall be released of all responsibilities for partial, full or non-fulfillment, as well as for improper fulfillment of the obligations under this Agreement, if such non-fulfillment or improper fulfillment was a result of extraordinary events, which occurred after this Agreement was concluded and which the party could not either foresee or prevent (natural calamities, wars, armed conflicts etc.).
You understand that while the Internet and the World Wide Web are generally reliable, technical problems or other conditions may delay or prevent you from accessing the company’s Website, therefore, the company shall not be liable, and you agree not to hold or seek to hold the company or any of its agents or service providers liable, for any technical problems, system failures, and malfunctions, communication line failures, equipment or software failures or malfunctions, system access issues, system capacity issues, high Internet traffic demand, security breaches and unauthorized access, and other similar computer problems and defects. The company does not represent, warrant or guarantee that you will be able to access or use the Website at times or locations of your choice or that The company will have adequate capacity for the Website as a whole or in any geographic location. The company does not represent, warrant or guarantee that the website will provide uninterrupted and Error-free service. The company does not make any warranties or guarantees with respect to the website and its content, including but not limited to, warranties for merchantability or fitness for a particular purpose. Without limiting the foregoing The company will not be responsible for an impossibility to execute orders and requirements due to failures in the operation of informational systems caused by technical faults, which are beyond its control.
The company may provide a link to other sites that are controlled or offered by third parties. Such a link to a site or sites is not an endorsement, authorization, sponsorship or affiliation with respect to such site, its owners or its providers. The company cautions you to ensure that you understand the risks involved in using such sites before retrieving, using, relying upon or purchasing anything via the Internet. Links to these websites are provided solely for your convenience, and you agree that under no circumstances will you hold The company liable for any loss or damage caused by the use of or reliance on any content, goods or services available on other sites.
All content, trademarks, services marks, trade names, logos, and icons are the property of The company or its affiliates or agents and are protected by copyright laws and international treaties and provisions.
Images displayed on the website are either the property of The company or used with permission. You agree not to upload, post, reproduce or distribute any information, software or other material protected by copyright or any other intellectual property right (as well as rights of publicity and privacy) without first obtaining the permission of the owner of such rights and the prior written consent given be The company.
Nothing contained on the website shall be construed as granting, by implication, estoppels, or otherwise, any license or right to use any trademark without the written permission of The company and/or such third party that may own the trademarks. Your use of the trademarks or any other content of the website, except as provided herein, is strictly prohibited.
You acknowledge that The company may record the telephone conversations. You hereby agree that telephone calls made, either by you contacting The company or when being contacted by The company, may be recorded by the Company.
Accounts that are active for less than 30 working days and have less than 25 trades will pay 150 Euros service fee in case of full liquidation.
Withdrawal orders: The provision of documentation is a prerequisite, prior to the execution of a withdrawal order.
If there are no active bonus agreements, your account is fully verified and the withdrawal amount is not bigger than your current balance, the withdrawal will be handled within 3 business days.
Withdrawals are processed Monday to Friday (excluding banking holidays). If 2 business days have passed and your withdrawal request is still pending, please contact [email protected] to find out what terms need to be completed in order for the request to be completed.
If your withdrawal request has been completed and 7 days have passed and you are unable to locate the funds, please contact us at [email protected] - we will provide detailed information and/or documentation about the payment.
Variance When choosing an account base currency other than USD, your credit card may be debited sums which due to exchange rates, currency fluctuations and credit card companies' fees, may slightly differ from the initial sum that has been deposited by you in the account base currency. You hereby accept that such variations may occur and you hereby affirm that you shall not seek to object to the above-mentioned fees.
When depositing by a Bank Transfer, as required by Anti-Money-Laundering Regulations, you are required to use only one bank account, which is in your country of residence and in your name. An authentic SWIFT confirmation or Transfer Confirmation, showing the origin of the funds, must be sent to The company. Failure to submit such SWIFT/Confirmation may result in the return of the deposited amount, hence preventing the deposit of such pending amounts to your Fibonetix.com account. Any withdrawal of funds, from Fibonetix.com account to a bank account, can only be refunded to the same bank account the funds were originally received from.
Customer accounts in which there have been no transactions (trading/withdrawals/deposits), will be considered by The company as being dormant accounts. Dormant or sleeper accounts will be charged a maintenance Inactivity Fee of a €50/$50/GB£50 to each client whose account is inactive for a period greater than 3 months. Activity, in this sense, is a client logging into their trading account. The fee will be deducted directly from each client's trading account, from their available balance. To avoid this €50/$50/GB£50 inactivity charge a client must log in to their trading account at least once every three (3) months. Clients, who have never deposited money in their trading account, will not be charged an inactivity fee. Clients with less than a €50/$50/GB£50 balance in their trading account will be charged that balance amount, thus bringing their account to zero. Consequently, all accounts with a zero free balance will be closed. Suspended accounts are still liable to pay the inactivity fee if conditions arise. Closed/disabled accounts are not charged inactivity fees.
The company may exercise full discretion in modifying or discontinuing any part or whole of this Agreement at any time without cause or prior notice. These Additional Terms or Amendments apply in addition to the general terms and conditions set out above. If there is a conflict between these Additional Terms, General Terms and Conditions set out above, the provisions of these Additional Terms shall prevail.
The Customer will submit all complaints to [email protected] and allow up to a week for a full investigation. During this period The company is obliged to review all transactions, phone records, and relevant documentation and the Customer should be available and provide any additional information or documentation that The company may request from him/her. Hereby the Customer agrees to handle all and any complaints directly with The company without involving any Third parties.
In certain exceptional circumstances, the company may refund payments made by credit card. In this case, the funds will be refunded to the card that was used for the deposit.
If you have any questions about the Refund Policy do not hesitate to contact us by E-mail: [email protected]
This Agreement shall be construed and enforced in accordance with and shall be governed by the law of Country, notwithstanding any conflicts of laws principles. Each of the Parties hereby irrevocably:
This Agreement has been drafted in English language and translated into German and Italian Languages. In the event of any discrepancy between the meanings of any translated versions of this Agreement and the English language version, the meaning of the English language version shall prevail.
Trading Contracts for Difference and Foreign Exchange is highly speculative and carries a level of risk that may not be suitable for all investors. You may lose some or all of your invested capital; therefore, you should not speculate with the capital you cannot afford to lose. You should be aware of the risks associated with trading CFD’s and Foreign Exchange. In addition, please take into account your current knowledge level of trading experience and seek independent advice if necessary. We kindly advise all our clients to make sure that you carefully have read all the available. Terms & Conditions and the included Risk Disclosure statement prior to undertaking any operations on our trading platform. We do reserve our rights to cancel all or a single client deal which is connected to any suspicious activity without preliminary notice.
Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. We strictly do not provide investment advice.
Fibonetix is owned and operated by Zeus Tech & Trading Group Ltd, 24 Boulevard d'Avranches, 1160 Luxembourg
Copyright 2019 © Fibonetix