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Terms of Use

 

These General Terms and Conditions of Use apply to all users
of www.noorfx.com.
By viewing and using the Website, you will be deemed to agree
to these General Terms and Conditions of Use. If you do not
agree to be bound by these terms, then you should stop accessing
and using this Website.

 

Terminology

 

In these terms and conditions, the following words have the
meanings set out as follows: “we”, “us” and “our” are a reference
to NOOR FX “you” and “your” are a reference to you.

 

Copyright

 

As between you and www.noorfx.com the contents of
The Website is NOOR FX copyright. No part of the Website
may be distributed, resold, published, copied, reproduced, transmitted
or stored and you are not permitted to incorporate the material or any
part of it in any other work or publication (whether in hard copy,
electronic or any other form) without NOOR FX express written
consent. NOOR FX reserves the right to prohibit links to the
Website and you agree to remove or cease any link upon NOOR FX
Request. You may not frame any part of the Website by including advertising
or other revenue generating material.

 

No Representation

 

The availability of information on the Website does not constitute a
recommendation by NOOR FX or any other person. If you enter
into any transaction after accessing the Website, you do so
entirely in reliance on your judgment and inquiries and not in reliance
on any statements, warranties or representations made to you or
another person by or on behalf of NOOR FX.

 

NOOR FX May

 

  • 1. Terminate your access and registration as a user
    to any part of, or all of, the Website with or without cause, with or without
    notice effective immediately, for any reason whatsoever (including without
    limitation, a failure by you to comply with any of the General Terms
    and Conditions of Use);
  • 2. At any time and without notice, remove, amend and/or
    vary any of the content that appears on the Website or ceases operating the
    Website in whole or in part.
  • 3. Client accounts have a minimum hold period of 12 months.
    (The Trial Account where the minimum hold period of 60 Days.)

 

Liability

 

To the fullest extent permitted by law, NOOR FX excludes all responsibility
and liability concerning the Website. NOOR FX will not be responsible
for errors or misstatements or be liable whether in contract, tort (including
negligence) or otherwise for any loss or damage however caused (whether direct,
indirect, consequential, special or loss of profits). Where any such liability
cannot be excluded NOOR FX limits it to the smallest permissible amount.

 

Risk Disclosure

 

This Risk Disclosure Statement describes some, but not all, of the risks of trading
in the foreign currency market (“OTC foreign currency”). Trading in the OTC
foreign currency market on a cash, spot or forward basis is not suitable for many
members of the public. You should carefully consider whether a managed trading
account is appropriate for you in light of your experience, objectives, financial
resources and other relevant circumstances.
Some Trading can be Speculative and can involve a certain Degree of Risk. In
particular, because of the low margin required for foreign currency trading, price
changes in OTC foreign currency contracts may result in significant losses, which
losses may substantially exceed the funds or other assets deposited as margin.
Therefore, foreign currency contracts are appropriate only for persons that (a)
understand and are willing to assume the economic, legal and other risks involved
in such transactions, and (b) are financially able to withstand losses significantly in
excess of their initial margin funds and any additional funds deposited to maintain
their positions.

 

Currency Risks

 

Foreign currencies represent the legal tender of one or more foreign nations and
typically are not linked to any intrinsically valuable commodity (such as precious
Metals). Any transaction involving foreign currencies, including OTC foreign
currency contracts, involves risks not common to investments denominated entirely
in a person’s domestic currency. Such enhanced risks include.
Risk of political or economic policy changes in a foreign nation, which may
substantially and permanently alter the conditions, terms, marketability or price of
foreign currency. The profit or loss in transactions in foreign currency-denominated
contracts (whether traded in a customer’s own or another jurisdiction) will also be
affected by fluctuations in currency rates where there is a need to convert from the
currency denomination of the contract to another currency.

 

Risk-Reducing Orders or Strategies

 

The placing of specific orders (e.g., ‘stop-loss’ or ‘stop-limit’ orders) that are
intended to limit losses to certain amounts may not always be effective because
market conditions or technological limitations may make it impossible to execute
such orders.
Strategies using combinations of positions, such as ‘spread’ and ‘straddle’ positions,
may be as risky or even riskier than simple ‘long’ or ‘short’ positions.

 

Minimum Hold Period

 

There is a minimum hold period of 12 months for the following accounts:
  • Trail = 60 Days
  • Gold  = 12 Months
  • Gold PLUS = 12 Months
  • Digital = 12 Months
  • Platinum = 24 Months
Prices May Be Different From Prices Reported Elsewhere. The prices posted
by a foreign currency dealer may not necessarily reflect the broader market
for foreign currencies. Additionally, a foreign currency dealer will select closing
prices to be used in determining margin requirements and in periodically
marking to market the positions in customer accounts. Prices a foreign currency
dealer uses may vary from those available to banks and other participants in
the inter-bank market. Consequently, a foreign currency dealer may exercise
considerable discretion in setting margin requirements and collecting margin funds.

 

Risk Disclosure

 

The transactions you enter into with a foreign currency dealer are not traded
on an exchange. Therefore, your funds may not receive the same protections as
funds used to margin or guarantee exchange-traded futures and options contr-
acts, which receive a priority in bankruptcy. Since that same priority has not
been given to funds used for off-exchange forex trading, if a foreign currency
dealer becomes insolvent and you have a claim for amounts deposited or profits
earned on transactions with the foreign currency dealer, your request may not
receive a priority. Without a priority, you are a general creditor and your claim
will be paid, along with the claims of other general creditors, from any monies
still available after priority claims are paid. Even customer funds that a foreign
currency dealer keeps separate from its own operating funds may not be safe
from the claims of other general and priority creditors.

 

Market Opinions

 

Any opinions expressed on the NOOR FX website as to the future
direction of prices of specific currencies are purely opinions, do not necessarily
represent the opinion of NOOR FX, and are not guaranteed in any way.
In no event will NOOR FX have any liability for any losses incurred in
connection with any decision made, action or inaction taken by any party in
reliance upon the information provided verbally or through the Internet, or
any delays,inaccuracies, errors in, or omissions of information. You under-
stand that there is no trading system or recommendation service that is free
from the risk of loss. NOOR FXL does not imply or guarantee that you
will make a profit and you agree that neither NOOR FX nor any of its
officers, directors, employees, consultants, agents or affiliates will be held res-
ponsible for the performance of your trading account or any trading losses that
may accrue in your account.
The information contained in this document is confidential and intended solely
for the addressee.

 

Website Content Distribution

 

The information may not be published or distributed without the express
written consent of NOOR FX. The information contained herein may be
subject to professional privilege. Any unauthorised use; disclosure, copying,
distribution or retention of this email or any part of it is strictly prohibited and
may be illegal. We reminded you that past performance is no guarantee or reliable
indication of future results. It has not been prepared to take into account your
particular investment objectives, financial situation and specific needs. You should,
therefore, assess whether the program is appropriate to your investment objectives,
financial situation and specific needs.

 

External Links

 

The Website may include links to other websites not owned by NOOR FX
and/or advertising not related to NOOR FX. If you visit a linked
site or contact an advertiser, that dealing will be solely between you and
that other website or advertiser at your own risk. These links do not imply
NOOR FX endorsement of that other website or product or service
advertised (as applicable) or any association with their operators unless this
is explicitly stated on the Website.

 

Changes to Terms of Use

 

NOOR FX reserves the right to change these terms and conditions
of use at any time by notifying users of the existence of revised terms and
conditions through the Website. By continuing to access the Website, you
agree to be bound by the amended terms and conditions, and we advise ch-
ecking from time to time to see if the terms & conditions have been updated.

 

Any questions regarding our Terms & Conditions, please email
support@noorfx.com