By utilizing this website, you agree to be bound by these terms and conditions. This is a legal agreement ("Agreement") between you and Fomobitfx Ltd, or any of its affiliated entities ("Fomobitfx") for use of the website, data, Fomobitfx electronic investment platform, and products and services which you selected or initiated, which may include the Fomobitfx investment platform and third party affiliates ("Products and Services").
The Fomobitfx investment platform is an investment system. The Fomobitfx platform trades for investors.
Risk of Loss
The risk of loss in trading the financial market can be substantial. You should therefore carefully consider whether such investment is suitable for you in light of your financial condition. Before deciding to invest, you should carefully consider your objectives, level of risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. By viewing this website and investing on the Fomobitfx trading platform, you fully understand and agree that the markets are subject to numerous implicit and explicit risks, none of which Fomobitfx can control or influence. You therefore acknowledge and agree that all investment is solely at your own risk. You also agree to bear complete responsibility for your choice of your investment packages and acknowledge that Fomobitfx has not and will not make any specific recommendations to you upon which you are entitled to rely. You also understand that the information disseminated on this website represents impersonal, disinterested opinions and commentary of Fomobitfx and its employees and agents, but that the information does not constitute investment advice or a recommendation to invest on any specific package. The actual percentage gains/losses experienced by investors will vary depending on many factors, including, but not limited to: starting account balances, market behavior, the investor’s account settings, and the performance of the account managers. Because of this, actual percentage gains/losses experienced by investors may be materially different than the percentage gains/losses as presented on this website.
Please read carefully the disclaimer regarding hypothetical results below.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.
Every effort has been made to ensure that the information on this website is accurate and complete, but neither Fomobitfx, nor our officers, principals, employees or agents shall be liable to any person for any losses, damages, costs or expenses (including, but not limited to, loss of profits, loss of use, direct, indirect, incidental or consequential damages) resulting from any errors in, omissions of or alterations to the information. The foregoing shall apply regardless of whether a claim arises in contract, tort, negligence, strict liability otherwise.
Any specific investment or investment service contained or referred to in this website may not be suitable for all investors. You should not rely on any of the information as a substitute for the exercise of your own skill and judgment in making such a decision on the appropriateness of such investments.
Brokers and Fomobitfx are compensated for their services through the spread between the bid/ask prices or there may be a cost to initiate a trade through the bid/ask spread. In the case the client/investor holds a Fomobitfx Account, the client hereby acknowledges that he/she will be charged in addition to any volume fee (if applicable), a 10% Monthly Performance Fee per selected investment plan
Fomobitfx has not undertaken to verify the completeness or accuracy of any of the information and statistics provided by third parties. While the information and statistics given are believed to be complete and accurate, we cannot guarantee their completeness or accuracy. As a term and condition of your use of this website, you expressly hold Fomobitfx harmless and waive any claim you have or may have as a result of any of the information and statistics provided by third parties contained on this website being incomplete or inaccurate.
Online Trading Risks
There are risks associated with utilizing an Internet-based trading services including, but not limited to, hardware, software or Internet connection. Since Fomobitfx does not control signal power, its reception or routing via Internet, configuration of hardware or software, or reliability of Internet connection, you agree that you are solely responsible for such failures, including communication failures, disruptions, distortions and delays in trading that may occur when trading an investor’s account.
Volatility or illiquidity in the Forex markets may prevent orders from being executed at advantageous prices, or at all. Fomobitfx shall not be liable to any person for any losses, damages, costs or expenses (including, but not limited to, loss of profits, loss of use, direct, indirect, incidental or consequential damages) occurring because trades cannot be executed due to market conditions, or from any errors of any Forex broker.
Please be aware that some of the websites that you may link to through this website are not supported by Fomobitfx. Because the material made available on these websites is not under the control of Fomobitfx, we make no representation to you about these websites nor the material you may find there. The fact that Fomobitfx has linked to these websites does not constitute an endorsement or recommendation of any kind. The links to these websites are being provided only as a convenience to you.
Fomobitfx will issue a refund to an investor for losses caused by Platform Errors Errors of third party brokers which we trade with shall not be considered Platform Errors, and Fomobitfx shall not be responsible for refunding losses or lost profits resulting from such errors under any circumstances. In order to receive a refund of losses caused by Platform Errors, you must notify Fomobitfx in writing of your potential claim. You must deliver the written notice to Fomobitfx as soon as you knew, or should have known, of the Platform Error, but in any event, no later than twenty-four hours after the Platform Error occurred. If Fomobitfx does not receive such notice from you within twenty-four hours after the Platform Error occurred, it will not be liable for any losses resulting from the Platform Error. If Fomobitfx confirms that a Platform Error occurred with respect to your account, and you provided the required notice to Fomobitfx within twenty-four hours, you will receive a refund of your losses caused by the Platform Error (not including lost profits). You are required to review your account statements and monitor your account status at least daily to ensure that your accounts are managed as agreed, and that all investment moves that were made on your account were authorized by you. Except as expressly provided by this refund policy, neither Fomobitfx, nor our officers, principals, employees or agents shall be liable to any person for any losses, damages, costs or expenses (including, but not limited to, loss of profits, loss of use, direct, indirect, incidental or consequential damages) resulting from any errors in the Fomobitfx trading platform.