Terms & Conditions
Below you can find the information regarding terms and conditions; which will be applied in case of use of our system. Violation of these may result in the termination of your account at our system.

User Agreement
The following describes the terms and conditions upon which ProfitEx Club Limited ("ProfitEx Club LTD" or "profitex.club" "the Company" or "we") offers access to its Web site and its trading platforms to you the customer (hereinafter "you" or "user" or "customer") and the use of its services (hereinafter the "Agreement" or "User Agreement" or "Online Services Agreement").
This Agreement describes the terms, conditions and risks applicable to your use of our services available under the domain and sub-domains of www.profitex.club (the "Site" or "Web site"). If you have any questions regarding this Agreement please contact [email protected]
You must read, agree with and accept all of 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 ProfitEx Club LTD. By continuing to access or use the Web site and/or the Companies trading system, you agree to follow the Terms and Conditions of this Agreement as they may apply to you.
This Agreement is effective upon acceptance in registration for newly registering customers, or upon receipt of e-mail notification by other users. The Agreement is otherwise effective for all users as of March 31st. 2019.
If you do not agree to be bound by the terms and conditions of this Agreement, do not use or access our services, and inform us in writing immediately.

Risk Disclosure
All trading involves a level of risk. Foreign Exchange trading is certainly not an exception.
It should be understood that Currency trading on margin involves high risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. There is always a relationship between high reward and high risk. Any type of market or trade speculation that can yield an unusually high return on investment is subject to unusually high risk. Only surplus funds should be placed at risk and anyone who does not have such funds should not participate in trading foreign currencies. Currency trading is not suitable for everyone.
It should also be understood that hypothetical performance results may be posted on the website or given to third parties by other methods. Such hypothetical performance results have inherent limitations in that they have been prepared with the use of past performance and past performance is no guarantee of future results. Performance can and does vary between individuals.


High Risk Investment

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and 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. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Risks associated with trading margined foreign exchange include, but are not necessarily limited to the following:
Market RiskRisk associated with the price movement of the currency pair traded resulting primarily from a change in economic and/or political conditions.
Liquidity RiskRisk resulting from decreased liquidity of a currency pair usually due to unanticipated changes in economic and/or political conditions. Decreases in liquidity can result in "Fast Market" conditions where the price of a currency pair moves sharply higher or lower or in a volatile up/down pattern without trading in an ordinary step-like fashion. Although there may be instances when the market enters a "Fast Market" situation, it is important to note that under all circumstances.
Excessive Leverage: ProfitEx Club LTD gives the trader the ability to leverage the deposited funds by up to 200:1 ratio (this is under normal market conditions and can be reduced or increased at ProfitEx Club LTD discretion). With this level of leverage, an investor has the potential to control a maximum margined position of up to $200,000 with an account balance of just $1,000.
Leverage works for the investor when the position is favourable, but can work against the investor in a losing position. As a result, it is possible that the amount of margin initially pledged against a trading position, can be completely depleted. In fact, in general it is possible for the margin to go negative.
Because excessive leverage has the potential to magnify losses, ProfitEx Club LTD encourages its clients to only use an amount of leverage that the client feels comfortable with. Furthermore, trading discipline and sound money management principles should always be used when trading. Stop Loss Orders along with careful monitoring of positions and orders are essential ingredients to making sound trading decisions.
Technology Risk / Internet Trading Risks
There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since ProfitEx Club LTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. ProfitEx Club LTD employs back up systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.

Market Opinions
Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. ProfitEx Club LTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Accuracy of Information
The content on this website is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. ProfitEx Club LTD has taken reasonable measures to ensure the accuracy of the information on the website, however, does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website.
This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.

ProfitEx Club LTD may amend or revise this Agreement at any time.
All amended terms shall be automatically effective 10 days after their initial posting on the Web site, or upon sending a notification to you by e-mail, or at 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.
Online Services Agreement
This Online Services Agreement is made by and between ProfitEx Club LTD and you.
This Agreement applies to both the ProfitEx Club LTD Web site and trading platform, as well as to the electronic content and or software currently contained on the Web site that supplies the customer with real time information about the exchange rate of some currencies , as well as with the program facilities for executing trading transactions in the foreign exchange market via the web or phone (hereinafter referred to as the "Service" or "Stock" or "Stock market"), and any other features, content or services that the Company may add in the future.

Membership Eligibility
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 are a minor, you may not use this service. IF YOU DO NOT QUALIFY, PLEASE DO NOT USE OUR SITE.
For avoidance of doubt, We shall not be responsible for any unauthorized use by minors of our Services 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 via this Site and have done so without relying on any information contained in this Site.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 WEB SITE AND/OR OUR TRADING PLATFORM.
Without limiting the foregoing, our services are not to be used where they are illegal to use, and the Company reserves the right to refuse and/or cancel services to anyone at its own discretion.

Legal Restrictions

Without limiting the foregoing, 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, regulation or directive, relevant to your country of residency with regards to the use of the Web site. For avoidance of doubt, the ability to access to our Web site 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 residency.
This Web site does not constitute, and may not be used for the purposes of, an offer or solicitation to anyone in any jurisdiction in which such offer or solicitation is not authorized, or to any person to whom it is unlawful to make such an offer or solicitation. Access to this Web site, 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 moneys invested in your account with the Company do not originate from drug trafficking, abduction, or any other criminal activity.

Limited License

ProfitEx Club LTD grants you a non-exclusive, non-transferable and limited personal license to access and use its Web site and/or trading platform (the "license"). This license is conditioned on your continued compliance with the terms and conditions of this Agreement.
You agree not to "deep-link" to the Web site, resell or permit access to the Web site to others, and not to copy any materials appearing on the Web site for resale or for any other purpose to others without the prior written consent of ProfitEx Club LTD.
For 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 ProfitEx Club LTD for the sole purpose of executing transactions inside and within the ProfitEx Club LTD Web site and/or trading platform.
You further agree not to use any electronic communication feature of a Service on the Site for any purpose that is unlawful, tortuous, abusive, intrusive on another's privacy, harassing, libelous, defamatory, embarrassing, obscene, threatening or hateful.
The license granted under this Agreement will terminate if ProfitEx Club LTD 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.
Upon such violation, you agree to cease accessing Services. You agree that ProfitEx Club LTD, at its sole discretion and with or without notice, may terminate your access to any or all Services, and remove and discard any information or content within a Service.

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 grant a license to ProfitEx Club LTD to use your Communications in any way it thinks fit, either on the Web site or elsewhere, with no liability or obligation to you.ProfitEx Club LTD 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.
ProfitEx Club LTD is entitled, but not obligated, to review or retain your Communications. ProfitEx Club LTD may monitor your Communications to evaluate the quality of service you receive, your compliance with this Agreement, the security of the Web site, or for other reasons. You agree that such monitoring activities will not entitle you to any cause of action or other right with respect to the manner in which ProfitEx Club LTD monitors your Communications. In no event will ProfitEx Club LTD be liable for any costs, damages, expenses or any other liabilities incurred by you as a result of ProfitEx Club LTD's monitoring activities.

ProfitEx Club LTD (the "Company") is committed to protecting the confidentiality of any customer's information, which it may acquire during the course of providing its services. It is the Company's policy not to disclose customer's information to non-affiliated third parties, except with the consent of the customer or when required by law. The Company is providing this Privacy Policy to help you understand how we protect the privacy of financial and other non-public personal information about you.
Information We Collect
We collect non-public personal information from you, from the following sources
Information we receive from you on applications or other forms
Information about your transactions with us, and
Information we receive from a consumers' reporting agency.
Categories of Information We Disclose
We do not disclose any non-public personal information about our customers, or our former customers, to anyone, except as permitted by law and for authentication of the client's identity.
Confidentiality and Security
We restrict access to non-public personal information about our customers, to those employees who need to know such information, in order to provide service to your account. We maintain physical, electronic and procedural safeguards, which comply with all applicable laws, in order to safeguarding your non-public personal information.

Privacy statement
ProfitEx Club LTD views its customers' privacy and the protection of information concerning them, to be of prime importance. We store and process your information on computers. Physical and technological security devices protect these computers. If you object that we handle your information in such manner, please do not use our services. We shall not sell or rent your personal information to third parties for any purposes, without your explicit consent and we shall only use your information as described in our Privacy Policy.
Limitation of Liability and Indemnification
You agree to indemnify and hold ProfitEx Club LTD and its affiliates, agents, employees and licensors (including the Third Party Providers) harmless against all actions, claims, demands, proceedings, damages, costs, charges and expenses incurred by ProfitEx Club LTD, arising out of or relating to your violation of this Agreement, as well as any applicable laws or regulations or any other person's rights, or any misrepresentation made by you or any breach of your representations or warranties.

Risk Statement

You agree to use the Web site and/or the Trading Platform at your own risk.
Without limiting the foregoing, the financial services offered by ProfitEx Club LTD 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.
International currency prices are highly volatile and are very difficult to predict. Due to such volatility, in addition to the spread that ProfitEx Club LTD adds to all calculations and quotes (as described below in further detail),no financial contract purchased or other Service offered by ProfitEx Club LTD or its services (whether or not the payout exceeds the premium amount) may be considered as a safe trade.
The maximum loss that may be incurred by any customer is the amount of money paid by them to the Company.
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.

Market information
ProfitEx Club LTD may make available to you through 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. ProfitEx Club LTD does not endorse or approve the Market Information, and we make it available to you only as a service for your own convenience. ProfitEx Club LTD and its 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 ProfitEx Club LTD 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 ProfitEx Club LTD 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 ProfitEx Club LTD to receive Market Information.

Use & Access to the Site
You shall be responsible for providing and maintaining the means by which to access the Web site and/or the Trading Platform, which may include, but is not limited to, a personal computer, modem and telephone or other access line.
You shall be responsible for all access and service fees necessary to connect to the Web site 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 Web site, trading platform 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 similar harmful or inappropriate materials, devices, information or data.

You agree that ProfitEx Club LTD 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 ProfitEx Club LTD or any of ProfitEx Club LTD'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 are responsible for ensuring that you alone control access to your account, and that no minor or other person is granted access to trading on the Web site using your account. In any case, you alone remain fully liable for any and all positions traded on your account, and for any credit card transactions entered into the Site for your account. 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 "mis-pricing") due to an undetected programming error, bug, defect, error or glitch in our Trading Platform software (the "error"), ProfitEx Club LTD reserves the right to cancel such transactions upon notifying you of the nature of the computer error that led to the mis-pricing. You have a duty to report to the Company any problem, error or suspected system inadequacies that you may experience.

Company's rights
ProfitEx Club LTD reserves the right to suspend the operation of this site or any part or sections of it. In such an event, ProfitEx Club LTD 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.
ProfitEx Club LTD may, at its sole discretion, impose volume limits on Customer accounts.
Contract payouts shall be determined by ProfitEx Club LTD by reference to the daily values reported on this Web site relevant to the interbank trading data received by the Company for Stock quotes, subject to the proviso that ProfitEx Club LTD shall have the right to make corrections to such data in the event of mis-priced or typographically incorrect data.
Without contradicting the aforementioned, a customer who engages in what is deemed, illegitimate, unlawful, unethical system abuse, system arbitrage, or any other trade that may be deemed at one point or another as a violation of trading standards be it based on the amount of time the transaction was opened or by virtue of the fact that the trade was opened inadvertently at an incorrect price, time, or instrument - the company has within its complete right to act in accordance with common practice and close the customer's account. In addition all transactions deemed as such, will be negated and all monies earned or lost will be negated forthwith. The company hold within its rights the practice of auditing accounts for undesirable trading activity and will act in for so long as the account is deemed active, by the practices of auditing, negation and other needs as needed by the company from time to time.

ProfitEx Club LTD may provide a link to other sites that are controlled or offered by third parties. Such link to a site or sites is not an endorsement, authorization, sponsorship or affiliation with respect to such site, its owners or its providers.
ProfitEx Club LTD 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 Web sites are provided solely for your convenience, and you agree that under no circumstances will you holdProfitEx Club LTD liable for any loss or damage caused by use of or reliance on any content, goods or services available on other sites.

Trademarks and Copyrights
All content, trademarks, services marks, trade names, logos and icons are the property of ProfitEx Club LTD or its affiliates or agents and are protected by copyright laws and international treaties and provisions.
You agree not to delete any copyright notices or other indications of protected intellectual property rights from materials that you print or download from the Web site. You will not obtain any intellectual property rights in, or any right or license to use such materials or the Web site or the Trading Platform, other than as set out in this Agreement.
Images displayed on the Web site are either the property of ProfitEx Club LTD 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 of ProfitEx Club LTD.
Nothing contained on the Web site shall be construed as granting, by implication, estoppels, or otherwise, any license or right to use any trademark without the written permission of ProfitEx Club LTD or such third party that may own the trademarks. Your use of the trademarks, or any other content of the Web site, except as provided herein, is strictly prohibited.
Governing Law, Arbitration and Court Jurisdiction
This Agreement, shall be governed by the laws of the British Virgin Islands ("BVI"), without regard to conflicts of law principles thereof. This is the case regardless of whether you reside or transact business with ProfitEx Club LTD anywhere else in the world.
If any part of this Agreement is unlawful, void or unenforceable, that part will be deemed severable and will not affect the validity and enforceability of any remaining provisions.
The parties recognize electronic and magnetic recordings as evidence when settling disputable matters, in order to state any facts concerning the obligations for trading operations in the Stock market.
Binding ArbitrationFor any Claim (excluding Claims for injunctive or other equitable relief) where the total amount of the award sought is less than $10,000, you or ProfitEx Club LTD may elect to resolve the dispute through Binding Arbitration conducted in person, on-line or based solely upon written submissions where no in-person appearance is required. In such cases, the arbitration shall be administered by the England Bar in accordance with their applicable rules, or any other established Alternative Dispute Resolution provider mutually agreed upon by the parties. Any judgment on the award rendered by the arbitrator may be entered, exclusively, in any court located within the BVI, having jurisdiction thereof.
Exclusive Court JurisdictionAlternatively, you agree to submit to the personal and exclusive jurisdiction of the courts located within the BVI to settle any dispute, which may arise in relation thereto.

The ProfitEx Club LTD site is owned by ProfitEx Club LTD and all customer funds are held by ProfitEx Club LTD.
It is important that you be fully aware of the following points:
The high level of leverage effect possible in conducting foreign currency transactions stems from the fact that it is only necessary to pay relatively modest margins or guarantees in relation to the scope of the contract.
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.
Even though the foreign currency markets are fluid (liquid) as compared with other financial and exchange markets, the market conditions might at times render the execution of an order or of a limit order at a stipulated price impossible.
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 pre-determined limit on 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 of time.
It is possible that some unfavorable situations on the market could occur, in a relatively short period of time, resulting in the TOTAL LOSS of your investment.
Since deposit of an additional guarantee is not obligatory in this case, ProfitEx Club LTD reserves the right to close the outstanding balances without the customer's consent.
The risk information presented here does not reflect all of 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 Stock 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.
Phone call recording: ProfitEx Club LTD may record, at its sole discretion, telephone calls made from and to its offices. You hereby agree that telephone calls made, either by you contacting ProfitEx Club LTD, or when being contacted by ProfitEx Club LTD, may be recorded by the Company.