1.1. lumixcapitals Limited (the lumixcapitals) is a licensed service provider that provides investment and support services as defined in this Agreement through its online electronic system (the "Trading Platforms").
1.2. The following describes the terms and conditions on which lumixcapitals Limited. (lumixcapitals) offers access to its website to you, the customer ("you" or "user" or "client") and use of its services ("Agreement", "User Agreement" or "Online Services") Agreement").
1.3. lumixcapitals is owned and operated by lumixcapitals Limited. This Agreement describes the terms, conditions and risks that apply to your use of our services available on the lumixcapitals Limited domain and subdomains. If you have any questions regarding this Agreement, please contact Customer Service. Before you can become a customer of lumixcapitals Limited, you must read, agree to and accept all of the terms and conditions contained in this User Agreement, without modification, including the terms and conditions expressly set forth below and those incorporated by reference. By continuing to access or use the Website, you agree to be bound by the Terms of this Agreement, to the extent they may apply to you.
2.1. You may communicate with us in writing (including by fax), by email or other electronic means, or orally (including by telephone). The language of communication will be English and you will receive documents and other information from us in English. However, if necessary and for your convenience, we will endeavor to communicate with you in other languages. By accepting and agreeing to the Terms of this Agreement, you agree to the following terms and conditions and all policies included in the official website of lumixcapitals.com.
2.2. The Company is free to use any idea, concept, know-how, technique or information contained in your communications for any purpose, including, but not limited to, product development and marketing. The Company monitors your communications to evaluate the quality of the service you receive, your compliance with this Agreement, the security of the Website, or for other reasons. You agree that such monitoring activities do not give you any cause of action or other rights with respect to how Company monitors your communications.
3.1. The Services are available and reserved only to individuals or entities who have entered into a legally binding contract under the laws applicable in their country of residence. Without limiting the terms below, our Services are not available to anyone under the age of 18 or under the legal age ("Minors"). For the avoidance of any doubt, we disclaim any liability for any unauthorized use of our Services by Minors in any manner.
3.2. Without limiting the foregoing, our Services are not available in regions where their use is illegal, and the Company reserves the right to refuse and/or cancel access to its Services to any person in its sole discretion. For the avoidance of any 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 applicable to your country of residence.
4.1. "Account" means a personal trading account maintained by the Client with the Company and assigned a specific account number.
4.2. "Access Codes" means the username and password provided by the Company to the Client to access the Company's website.
4.3. "Agreement" means these Terms of Use of the Services offered by the Company.
4.4. "Balance" means the amount held on behalf of the Client in its Client Account for any period of time.
4.5. "Business Day" means a day that is not a Saturday or Sunday, a public holiday in Belize, or any other holiday advertised by the Company on its website.
4.6. "LSP Authorization" means the license obtained by the Company from the IFSC, as may be amended from time to time, which specifies the investment and ancillary services that the Company is authorized to provide.
4.7. "CFD" means "contract for difference", consisting of an agreement (contract) to exchange the difference in the value of a specified currency, commodity share or index between the time the contract is opened and the time it closes. Profits or losses are determined by how the prices of the underlying instruments move relative to the price at the time the contract is entered into.
5.1. The following are the investment services that the Company is authorized to provide pursuant to its LSP authorization and are subject to this Agreement. It should be clarified and noted that the Company operates on an execution basis only and does not provide advice on the merits of specific Transactions or their tax consequences. You accept all responsibility in respect of any investment strategy, transaction or investment, tax costs, as well as for any consequences arising from any transaction you enter into, and the Company shall not be liable and you shall not rely on the Company for the above.
6.1. When you register for the above Services, the Company will ask you to provide certain identifying information. You acknowledge your willingness to share with the Company certain personal information that it uses to verify your identity. This information is collected in accordance with our strict verification procedures, which are used to prevent international money laundering transactions and to ensure the safety and security of our clients' trading activities at all stages, and is subject to the Company's Privacy Policy.
7.1. You represent, warrant and warrant that any funds transferred to the Company for trading purposes belong solely to you and are not subject to any lien, charge, lien or any other encumbrance.
8.1. The Company will provide you with access codes to obtain online access to the Company's website and/or trading platforms, which will allow you to place orders for any financial instrument available from the Company and enter into Transactions with the Company.
9.1. Through one or more of its Services, the Company makes available to you a wide range of financial information that is generated internally from agents, suppliers or partners ("Third Party Providers").
10.1. You can place an Order through the Company's trading platform. Once the Company receives your instructions or Orders, they cannot be revoked except with the written consent of the Company.
11.1. Confirmations of all transactions that were executed in your Trading Account on the trading day will be available through your online account via the Trading Platform as soon as the transaction is completed.
12.1. The company will name the prices at which it is ready to cooperate with you.
13.1. The Company has the right at any time and for any reason and without any notice and/or explanation to refuse, at its sole discretion, the execution of any Order.
14.1. The Company has the right to cancel a transaction if it has sufficient reason/evidence to believe that fraud/illegal activities led to the transaction.
15.1. The Company begins to settle all transactions after such transactions have been completed.
16.1. The company offers a number of attractive bonus programs to its new and existing clients who activate their trading account.
17.1. Funds belonging to you which will be used for trading purposes will be held in an account with any bank or financial institution used to accept funds as the Company may designate from time to time.
18.1. You acknowledge and agree that any trading account opened with the Company in which you have not placed trades and/or made deposits for a period exceeding sixty (60) calendar days will be classified by the Company as an Inactive Account.
19.1. You agree to pay our fees as agreed to by you from time to time, any fees or other charges imposed by the clearing organization, and interest on any amount due to us at the rates charged by us at that time.
20.1. It should be noted that the Company and any person associated with the Company will carry out transactions in good faith and with due diligence, but shall not be liable for any omission, willful omission or fraud on the part of any person, firm or company.
21.1. This Agreement is valid for an indefinite period unless terminated by the Company, you, or both.
22.1. The Company's goal is to provide the most efficient trading liquidity available in the form of streaming traded prices for the majority of financial instruments we offer on the trading platform.
23.1. A daily funding fee may be charged on each open Forex CFD position at the close of the Company's trading day in respect of that Forex CFD.
24.1. You have the right to terminate the Agreement by providing the Company with at least seven (7) days' prior written notice specifying the date of termination.
25.1. The following events constitute "Events of Default" upon the occurrence of which the Company has the right to exercise its rights.
26.1. It should be noted that depending on market conditions and fluctuations, the value of Financial Instruments may increase or decrease or even decrease to zero.
27.1. The Company shall have no obligation to disclose any information to you or to take any information into account in making any decision or taking any action on your behalf unless otherwise agreed and specified in this Agreement.
28.1. Unless expressly stated otherwise, any notices, instructions, permissions, requests or other communications you provide to Company under the Agreement must be in writing.
29.1. You acknowledge that the Company may record telephone conversations between you and the Company without the use of a warning signal.
30.1. Subject to applicable regulations, the Company is required to have mechanisms in place to manage conflicts of interest between the Company and its clients.
31.1. You acknowledge that no representations have been made to you by or on behalf of the Company that in any way induce or persuade you to enter into the Agreement.
32.1. This Agreement and all business relations between you and the Company shall be governed by the laws of Saint Lucia and the competent court to resolve any dispute that may arise between them shall be the District Court for the district in which the Company is headquartered.