These Terms and Conditions ("Terms") govern your access to and use of the PaperFX platform ("Platform"). By accessing or using the Platform, you agree to be bound by these Terms. If you do not agree, please refrain from using the Platform.
1. Platform Access: Access to the Platform is granted to registered users only. Users must provide accurate and complete information during registration and ensure their login credentials are kept secure.
2. Account Creation and Maintenance: Users are required to maintain active accounts, provide up-to-date personal details, and comply with identity verification requirements. PaperFX reserves the right to suspend or terminate accounts for non-compliance or fraudulent activities.
3. Order Execution: All trading activities on PaperFX are subject to real-time market conditions. Execution speed, pricing, and availability may vary due to market volatility. Users are responsible for ensuring adequate account funding to cover trades.
4. Leverage and Margin: PaperFX provides various leverage options to enhance trading opportunities. Users must understand the associated risks, including the potential for significant losses, and maintain sufficient margin levels as per platform policies.
5. Fees and Charges: Applicable fees include spreads, commissions, and rollover charges. Users can find a detailed fee structure on the Platform. Fees may be revised with prior notice.
6. Risk Disclosure: Trading forex involves substantial risks, including the potential loss of invested capital. Users are advised to trade responsibly and consider seeking advice from qualified financial advisors.
7. Regulatory Compliance: PaperFX adheres to applicable regulatory requirements to ensure user protection and compliance. Users must also comply with their local laws and regulations regarding forex trading.
8. Security Measures: We implement robust security protocols to protect user accounts and sensitive information. However, users are responsible for safeguarding their account credentials and notifying us of any unauthorized activity.
9. User Responsibilities: Users are expected to act in good faith, abide by trading rules, and avoid abusive or manipulative behaviors. Violation of these responsibilities may result in account suspension or legal action.
10. Trading Policies: The Platform operates within specified trading hours and enforces trade size limits to maintain fair market practices. Details are available in our Trading Policy document.
11. Termination of Services: PaperFX reserves the right to suspend or terminate user access for policy violations or suspected fraudulent activities. Users may also close their accounts upon written notice.
12. Market Data and Analysis: Market data and analytical tools provided are for informational purposes only. PaperFX does not guarantee the accuracy, completeness, or timeliness of such data.
13. Client Support: Our support team is available to assist users with technical or account-related issues. Contact us via the "Support" section on the Platform for assistance.
14. Amendments to Terms: PaperFX may update these Terms periodically. Users will be notified of any significant changes, and continued use of the Platform constitutes acceptance of the revised Terms.
By using PaperFX, you acknowledge that you have read, understood, and agreed to these Terms and Conditions. If you have any questions, please contact our support team for clarification.