By using this website (“Site”), registering for an Fxvault Account (“Account”), or using any of our other Fxvault Services, you ("you, your, or yourself") are agreeing to accept and comply with the terms and conditions of use stated below ("Terms of Use"). You should read the entire Terms of Use carefully before you use this Site or any of the Fxvault Services. As used in this Terms of Use, “Fxvault" refers to the company Oragon Global Solutions Limited, including, without limitation, to its owners, directors, investors, employees or other related parties. Depending upon the context, "Fxvault" may also refer to the services, products, website,mobile applications, content or other materials (collectively, "Fxvault Services") provided by Fxvault or www.Fxvault.io .
The Service operated by Fxvault allows buyers ("Buyers") and sellers ("Sellers"), to buy and sell a range of global and exotic currencies "Currencies".
The Service operated by Fxvault also allows all registered users of the Service ("Members") to: Transfer Currencies to other Members or other users of Currencies outside the Fxvault site. Use Currencies for purchasing goods.
Depending on your country of residence, you may not be able to use all the functions of the Site. It is your responsibility to follow those rules and laws in your country of residence and/or country from which you access this Site and Services. As long as you agree to and comply with these Terms of Use, Fxvault grants to you a personal, non-exclusive, non-transferable, non-sublicensable and limited right to enter and use the Site and the Service. IF YOU DO NOT ACCEPT THE TERMS OF USE AND CONDITIONS OUTLINED IN THIS AGREEMENT, DO NOT ACCESS THIS SITE AND DO NOT USE THIS SERVICE.
By opening an Account, you expressly represent and warrant:
The trading of goods and products, real or virtual, as well as virtual or exotic currencies involves significant risk. Prices can and do fluctuate on any given day. Due to such price fluctuations, you may increase or lose value in your assets at any given moment. Any currency - virtual or not - may be subject to large swings in value and may even become worthless. There is an inherent risk that losses will occur as a result of buying, selling or trading anything on a market.
Unless otherwise specified, all Materials on this Site are the property of Fxvault and are protected by copyright, trademark and other applicable laws. You may view, print and/or download a copy of the Materials from this Site on any single computer solely for your personal, informational, non-commercial use, provided you keep intact all copyright and other proprietary notices
The trademarks, service marks and logos of Fxvault and others used in this Site ("Trademarks") are the property of Fxvault and their respective owners. The software, text, images, graphics, data, prices, trades, charts, graphs, video and audio used on this Site belong to Fxvault. The Trademarks and Material should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, scraped, collected or distributed in any form or by any means, whether manual or automated. The use of any such Materials on any other Site or networked computer environment for any other purpose is strictly prohibited; any such unauthorized use may violate copyright, trademark and other applicable laws and could result in criminal or civil penalties.
This Site is for your personal and commercial use only. We are vigilant in maintaining the security of our Site and the Service. By registering with us, you agree to provide Fxvault with current, accurate, and complete information about yourself as prompted by the registration process, and to keep such information updated. You further agree that you will not use any Account other than your own, or access the Account of any other Member at any time, or assist others in obtaining unauthorised access.
The creation or use of Accounts without obtaining the prior express permission from Fxvault will result in the immediate suspension of all said Accounts, as well as all pending purchase/sale offers. Any attempt to do so or to assist others (Members or otherwise), or the distribution of instructions, software or tools for that purpose, will result in the Accounts of such Members being terminated. Termination is not the exclusive remedy for such a violation, and Fxvault may elect to take further action against you. You are also responsible for maintaining the confidentiality of your Account information, including ;your password, safeguarding your own Funds, and for all activity including Transactions that are posted to your Account. If there is suspicious activity related to your Account, we may, but are not obligated, to request additional information from you, including authenticating documents, and to freeze any transactions pending our review. You are obligated to comply with these security requests, or accept termination of your Account. You are required to notify Fxvault immediately of any unauthorised use of your Account or password, or any other breach of security by email addressed to support@Fxvault.io. Any Member who violates these rules may be terminated, and thereafter held liable for losses incurred by Fxvault or any user of the Site.
Finally, you agree that you will not use the Service to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, terrorist financing, or malicious hacking. The minimum allowable trade is $20 equivalent.
You may terminate this agreement with Fxvault, and close your Account at any time, following settlement of any pending transactions. We expressly reserve the right to cancel and/or terminate Accounts that have not been verified by the Client despite our good faith efforts to contact you seeking such verification (“Unverified Accounts”). All Unverified Accounts which have been inactive for a period of 6 months or more are further subject to transfer to a third-party escrow (the "Unverified Escrow”), and will no longer be maintained or be the legal responsibility of Fxvault . The administrator/trustee of the unverified escrow shall make any and all additional reasonable efforts required by law to determine and contact each unverified account owner and, after suitable effort and time, will donate any residual cash in these unclaimed unverified accounts to a nonprofit group or groups.
The suspension of an account shall not affect the payment of the commissions due for past Transactions. Upon termination, Members shall communicate a valid bank account to allow for the transfer of any currencies credited to their account. Said bank account shall be held by the Member. Fxvault shall transfer the currencies as soon as possible following the Member's request in the time frames specified by Fxvault.
Fxvault will send to you the credit balance of your Account, however in circumstances a number of intermediaries may be involved in an international payment and these or the beneficiary bank may deduct charges. We will use reasonable efforts to ensure that such charges are disclosed to you prior to sending your payment, however where they cannot be avoided, you acknowledge that these charges cannot always be calculated in advance, and that you agree to be responsible for such charges. Upon Account closing, any amount less than $5 in value will not be returned.
All services are provided without warranty of any kind, either express or implied. We do not represent that this Site will be available 100% of the time to meet your needs. We will strive to provide you with the Service as soon as possible but there are no guarantees that access will not be interrupted, or that there will be no delays, failures, errors, omissions or loss of transmitted information.
We will use reasonable endeavours to ensure that the Site can normally be accessed by you in accordance with these Terms of Use. We may suspend use of the Site for maintenance and will make reasonable efforts to give you notice. You acknowledge that this may not be possible in an emergency.
We may provide access to certain parties to access specific data and information through our API (Application Programming Interface) or through widgets. We also may provide widgets for your use to put our data on your Site. You are free to use these in their original unmodified and un-altered state.
Fxvault makes no representations whatsoever about any outside or third party website which you may access through the Site. Occasionally, the Fxvault website may provide references or links to other websites ("External Websites"). We do not control these External Websites third party sites or any of the content contained therein. You agree that we are in no way responsible or liable for External Websites referenced or linked from the Fxvault website, including, but not limited to, website content, policies, failures, promotions, products, opinions, advice, statements, prices, activities and advertisements, services or actions and/or any damages, losses, failures or problems caused by, related to, or arising from those sites. You shall bear all risks associated with the use of such content.
External Websites have separate and independent terms of use and related policies. We request that you review the policies, rules, terms, and regulations of each site that you visit. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
For the avoidance of doubt we do not provide any investment advice in connection with the Services contemplated by these Terms of Use. We may provide information on the price, range, volatility of certain Currencies and events that have affected the price of certain Currencies but this is not considered investment advice and should not be construed as such. Any decision to purchase or sell Currency is your decision and we will not be liable for any loss suffered.
Our business model, and our Service, consists of facilitating the buying, selling and trading of Currencies and their use to purchase goods in an unregulated, international open payment system.
Email messages sent over the Internet are not secure and Fxvault is not responsible for any damages incurred by the result of sending email messages over the Internet. We suggest sending email in encrypted formats; you are welcome to send PGP encrypted emails to us. The instructions and keys to do so are available upon request.
The Terms of Use shall be governed and construed in accordance with Nigerian Law. The parties agree to irrevocably submit to the exclusive jurisdiction of the Nigerian Courts.
We store and process your Personal Information in data centres around the world, wherever Fxvault facilities or service providers are located. As such, we may transfer your Personal Information outside of the European Economic Area (“EEA”). Such transfers are undertaken in accordance with our legal and regulatory obligations. Disclosures to legal authorities and authorized financial institutions We may share your Personal Information with law enforcement, data protection authorities, government officials, and other authorities when:
To the extent permitted by law, Fxvault will not be held liable for any damages, loss of profit, loss of revenue, loss of business, loss of opportunity, loss of data, indirect or consequential loss unless the loss suffered arising from negligence or wilful deceit or fraud. Nothing in these terms excludes or limits the liability of either party for fraud, death or personal injury caused by its negligence, breach of terms implied by operation of law, or any other liability which may not by law be limited or excluded.
Subject to the foregoing, Fxvault's aggregate liability in respect of claims based on events arising out of or in connection with any single Member's use of the Site and/or Service, whether in contract or tort (including negligence) or otherwise, shall in no circumstances exceed the greater of either (a) the total amount held on Account for the Member making a claim less any amount of Commission that may be due and payable in respect of such Account; or (b) 125% of the amount of the Transaction(s) that are the subject of the claim less any amount of Commission that may be due and payable in respect of such Transaction(s).
To the full extent permitted by applicable law, you hereby agree to indemnify Fxvault, and its partners against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred if direct or not directly arising from your use of Fxvault's Sites, your use of the Service, or from your violation of these Terms of Use.
If we are unable to perform the Services outlined in the Terms of Use due to factors beyond our control including but not limited to an event of Force Majeure, change of law or change in sanctions policy we will not have any liability to you with respect to the Services provided under this agreement and for a time period coincident with the event.
Fxvault reserves the right to change, add or remove portions of these Terms, at any time, in an exercise of its sole discretion. You will be notified of any changes in advance through your Account. Upon such notification, it is your responsibility to review the amended Terms. Your continued use of the Site following the posting of a notice of changes to the Terms signifies that you accept and agree to the changes, and that all subsequent transactions by you will be subject to the amended Terms.
