Terms of Service

Terms and Conditions of Use

MY TRADEROOM LTD.

The financial market and its leveraged products are complex instruments that come with a high risk of potentially losing capital. More than 73% of trading accounts lose investments when using leveraged products. You should not invest more than you are prepared to lose. Considering your market experience and knowledge is very important before using our services. By using the services of my https://www.google.com/search?q=traderoom.com, you affirm your agreement with the terms and conditions and accept all the risks involved.

The stipulations of these Terms & Conditions of Use (referred to herein as the "Agreement") are the official terms and conditions of my traderoom Ltd. (referred to herein as the "Company"). The Company operates under the official website mytraderoom.com (referred to herein as the "Site").

The users (referred to herein as "the Client") of the Company's services should read this Agreement in its entirety before using mytraderoom.com. This Agreement legally binds the Client and the Company (collectively referred to herein as "the Parties") with the primary objectives of regulating the Parties' business relationship, describing the available services, and resolving any dispute or contingency that may arise.

1. Subordination and Binding Effect

1.1. This Agreement shall serve as valid consent from the date of the Client's registration.

1.2. Handwritten signatures are not necessary for this Agreement to take effect. This Agreement is considered a distant contract.

1.3. The Company shall be entitled to modify or alter the platform's terms and conditions entirely or partially.

2. Intellectual Property

2.1. mytraderoom.com is protected by international copyright laws. Intellectual property rights regarding the Site and all its content shall remain the sole property of the Company.

2.2. The Client is prohibited from copying, redistributing, or attempting to access the source code of the Site.

3. Use of the Services

3.1. The Company's services are offered only to users who are not restricted by their governing jurisdiction's laws.

3.2. The Client shall be held primarily responsible for determining whether he/she is eligible to access the services legally.

3.3. Following the approval of a Client's registration, the Company will require an initial deposit prior to the account's activation.

4. Client Suitability and Appropriateness

4.1. The Client confirms being in legal competence and above 18 years old.

4.2. The Client guarantees that he/she is not politically exposed.

4.3. The Client understands that trading derivatives entails significant risks of loss.

5. The Site, Online Trading System, and Safety

5.1. Unauthorized and illegal use of the Company's Online Trading System may result in account termination.

5.2. Arbitrage, scalping, and platform manipulations are not allowed.

5.3. Trades that last less than 5 minutes will be canceled, and profits written off.

6. Trading Account

6.1. The Company reserves the right to segregate Client money according to applicable regulations.

6.2. A trading account inactive for more than a month can be restricted or receive a fee, currently at $75.

6.3. If an account is inactive for 365 days, the Company reserves the right to terminate the account.

7. Personal Information and Data

7.1. The Company collects Client information including name, date of birth, and contact details for KYC purposes.

7.2. The Company records and saves conversations (phone, chat, email) for quality assurance and business purposes.

7.3. Client information may be disclosed upon request from the law or regulatory authorities.

8. Use of Investment Advice

8.1. The Company is not obliged to provide legal, tax, or investment advice.

8.2. Market reviews provided by the Company do not constitute a substitute for professional investment advice.

9. Market Trading Conditions

9.1. Market conditions (quoted prices, spreads, leverage, swaps) can be changed by the Company without prior notice.

9.2. The Client is required to maintain the Initial Margin and Hedged Margin set by the Company.

9.3. If equity falls below the required Margin, the Company may close Open Positions without prior notice.

10. Acknowledgment of Risks and Consent

10.1. The Client affirms they are not a US person as defined in 17 CFR 230.902.

10.2. The Client guarantees not to use funds to support illegal acts.

10.3. The Company does not allow chargebacks due to the nature of the investing services provided.

11. Reservations on the Company's Responsibilities

11.1. The Company bears no responsibility for technical errors, network malfunctions, or system viruses.

11.2. The Company is not liable for losses arising from Force Majeure events or third-party negligence.

12. Deposits, Withdrawals, and Refunds

12.1. Withdrawal requests must be made on the Site and are subject to Company approval.

12.2. The minimum withdrawal for international Wire Transfer is $50.00.

12.3. The Company processes withdrawal requests within two to seven business days, provided conditions are met.

13. Commissions, Fees, and Other Expenses

13.1. Services are subject to charges such as commission fees, taxes, and daily derivative funding.

13.2. An annual interest rate may be applied to unpaid fees.

14. Credits and Bonuses

14.1. Acceptance of a bonus binds the Client to specific bonus terms, including trading volume requirements.

14.2. Fraudulent activity regarding bonuses will result in the forfeiture of the bonus and potential account blocking.

15. Third-Party Access

15.1. Clients may designate a third party to act on their behalf via written notification.

15.2. The Client carries full responsibility for all actions taken by the assigned third party.

16. Complaint and Conflict Resolution

16.1. Complaints must be sent via the registered email to: [email protected].

16.2. The Company will process complaints within 30 business days. Public disclosure of a complaint during this period may result in fines for reputational damage.

17. Termination and Cancellation of Service

17.1. Clients may request account termination via email after fulfilling all open obligations.

17.2. The Company may terminate accounts immediately for "Events of Default," including illegal activities or failure to meet margin requirements.

17.3. Force Majeure events (war, natural disasters, technological failures) may delay or modify the Company’s obligations.