This Agreement made and entered into between NEXT TOP OPTION Ltd. (hereinafter referred to as “the Company”) and our clients.
Online Service Agreement
This Agreement made and entered into between the Company and our clients and is applied to the program, the contents and services (service) that will be added to the website in the future to conduct the binary option transaction through the software on site, on the Internet, telephone and fax or other functions in order to provide the Company’s website, trading platform, electronic contents, and the updated price information.
Eligibility for Membership
The service of the Company shall be available for an individual or a corporate body that can be a contract subject approved in accordance with the laws in the country of our clients’ residency. In addition, not applying only to the above-mentioned, the service of the Company shall not be available for any person under 18 years old and an individual before legally designated major (hereinafter referred to as “minors”). In case you are not eligible to use our service, please stop using it immediately. The Company shall not be responsible for the use of our service by non-eligible people or minors under any circumstances. Our service shall be available only to a client who can evaluate merits and risks through financial transaction by our service, and moreover, who can conduct financial transaction not only depending on the information provided by our website but also on their long-term experience and good knowledge. Also our clients shall be responsible for the investment judgment based on our website contents and any other judgment whatsoever. Regardless of the above-mentioned matter, the Company shall not be responsible for identification or confirmation if our clients have good knowledge or experiences. The Company shall not be responsible for the losses and damages based on the transactions that our clients carry out or the use of our service under any circumstances. Furthermore, the Company has the right to refuse or stop the use of our services at our discretion in case of the illegal use of our service.
Registration Information and Requirements
At the time of sign up, the Company shall request the presentation of documents for identification. Please keep the user name and password provided by the Company after sign up at your own risk. The Company shall not be liable for any losses or damage caused by inappropriate or fraudulent use by our clients. Our clients shall agree to present authentic and correct personal information as of the day when you open your account. Our client shall agree not to falsify the identity intentionally by pretending to be someone else, using a pseudonym or a fictitious name, telling a lie about the relationship with the currently belonging group or other affiliates, or using false cover letter or in other manners. The Company shall check the information very carefully in accordance with information disclosure plan prescribed in Privacy Policies.
Regardless of the above-mentioned matters, please be noted that you shall be responsible for confirmation that you abide by all the laws, regulations, and government ordinance in terms of the use of the Company’s website upon your understanding that the laws concerning financial transaction contracts are all different depending on the country.
Limitation of License
The Company shall grant the non-exclusive and non-transferable license for the purpose of access to our website and of using the account (hereinafter referred to “License”). License shall be given under the condition that a person consistently abides by various conditions of this Agreement. The Company would like our clients to agree that they shall not resell the access right, grant the access permission, resell the contents on our website, and duplicate them for other purposes without the prior written consent of the Company. In addition, our clients shall be responsible for the use of our website without any rights, which is against the Agreement. Our clients shall agree to use the information from our website only for the purpose of conducting the transaction within our website. Also our clients shall agree not to use all the electronic information and functions obtained from our website for the purpose of illegality, fraud, abuse, invasion of someone’s privacy, harassment, defamation, calumny, embarrassment, obscenity, assault and hatred and etc. The license under this Agreement shall terminate in case the Company judges that your information including e-mail address is not effective any more or incorrect, in case our clients cannot observe the various conditions of this Agreement, all the regulations, and guidelines of each services, or in case the Company judges that our clients abuse the trading platform of the Company (not limited to the case of trading out of the market rate) As soon as such violation is discovered, our clients shall agree not only to the termination of access to our service but also to suspension of access to the service, interruption of the transaction, deletion and abolishment of the information and contents in the services without the prior Company’s notice or only at the Company’s discretion.
Disclosure of Risks
Our clients shall agree to use the Company’s website at your own risk. The service on the Company’s website is applied only to the clients who can understand that they might have a risk to lose all invested fund not limited to the above-mentioned articles, and who have enough experiences to cope with various risks in the financial market. Since the service might have a risk to lose a part of or all invested fund, you shouldn’t conduct the transaction with the important fund that cannot be lost in this transaction. We highly recommend that our clients should understand all the risks involved with digital option trading and consult with an independent financial advisor when you have any doubts.
The Company provides wide range of information made by the Company, or obtained from our agents, vendors, or partners utilizing a lot of services with our clients. The information includes partially or wholly financial market data, quotes, news, option analysis, research reports, graphs, or each data (hereinafter referred to (financial information). The financial information provided on our website does not intend to give advice to your investment. The Company offers financial information not for guarantee of the information but for the sake of our clients’ convenience. Not only the Company but also the third party shall not make any guarantees about the results involved with accuracy, immediacy, completeness, consistency or any other results of financial information. Financial information will rapidly change according to various reasons such as market condition economic condition, and so on. Neither the Company nor each third party who provides financial information shall be responsible for update of information and opinions on financial information, and the both can stop offering financial information to our clients without any prior notice. Our clients shall be responsible for confirmation of reliability and compatibility of the information on our website. The Company shall not be liable for any alleged complaints, losses, and damage.
The Company shall provide the links provided or managed by the third party with our clients. The links to these websites do not support reliability of owners or providers and guarantee the official approval of the said websites by the Company. Our clients should understand the risks involved with the utilization of such websites in case they obtain information, utilize the website, grant their credits, and purchase goods through the Internet. The Company offers the links to these websites from our websites only for the sake of our clients’ convenience, and our clients shall agree that the Company shall not be liable for any damage or losses that have been caused by the contents, goods, services under any circumstances.
Interruption of Transaction
The Company has the right to refuse supply of our services, cancel transaction, and refuse share of profits for a right reason only at the Company’s discretion. The reasons are as follows but not limited to them:
- The Company judges that our clients’ acts on our website go against the law
- In case it is obvious that the Company will be financially legally and economically influenced by our clients’ malicious acts.
- The Company judges that our clients’ transaction violates this Agreement.
The accounting department of the Company requests our clients to submit identification documents in order to process a withdrawal in case of withdrawal request from our clients. Withdrawal using bank transfer will accompany a processing fee of $30. Once a withdrawal request has been received, it will take 2 business days at earliest to process the request. Please allow an additional 5-7 days until the funds show in your account after the request is successfully approved.
The Company shall have a chance to give a bonus that can cover transaction deposit as a part of our client services. In case of withdrawal of the bonus, our clients shall be allowed to withdraw only when they conduct transaction of 20 times as much as the amount of the bonus. In addition, the Company might cancel a bonus at the Company’s discretion if the Company finds malicious acts of our clients such as withdrawing all the deposit after getting the bonus, etc.
We undertake to supply steady services on our website. However, the Company assumes no responsibility for any errors, delay, interruption, deletion, defect and any others due to communication line failure caused by unauthorized access to the Company’s website such as destruction or interruption. Also, the Company shall not be responsible for any communication failure or technical malfunction of the Internet, telephone network and lines, computer online systems, servers or providers, hardware, software and so on. The Company shall not be responsible for any losses or damage resulting from use of our website or services from any content posted on or through our website or services whether online or offline or not. In no event shall the Company or any of its officers, or agents be liable for any damages whatsoever, including without limitation direct, indirect, incidental, or for any consequential damages arising out of or in connection with our clients’ use of the site or services on their investment decisions based on utility of the information provided as part of or such information whether the risk of damages has been advised by the Company or not. The foregoing limitation of liability of the transaction shall apply to the fullest extent permitted by law in the applicable jurisdiction and in no event shall the Company be liable for the amount exceeding the amount of money our clients transferred or deposited in your account.
Anti-Money Laundering Policies
No person shall abuse our website for the purpose of money laundering. The Company establishes the best-practice anti-money laundering procedures. The Company reserves the right to refuse, discontinue, and cancel the transaction with a client who do not accept or conform to the following anti-money laundering requirements and policies:
- All clients must provide all requested/required information to the Company when they open their account.
- Earnings upon our website will only be paid to the individual who opens an account through proper procedure
- When a client requests withdrawal by bank transfer, the funds shall be remitted to the authentic owner of the bank account. Or when a client funds its account by bank transfer, he/she shall be responsible for identification between its bank account number and its bank account holder.
- The Company may, from time to time, at its sole discretion, require a client to provide additional proof of identity such as notarized copy of passport or other means of identity verification as it deems required under the circumstances and may suspend an account until such proof has been provided to its satisfaction at its sole discretion.
All content, trademarks, services marks, logos and icons are the property of the Company and /or its affiliates or agents, and are protected by copyright laws and international treaties and provisions. Our clients shall agree not to delete any copyright notices or other indications of protected intellectual property rights from materials that you print or download from our website. Our clients shall not be able to obtain our website, any right or license, or any intellectual property rights to use such materials other than as set out in this Agreement. The Images displayed on our website are either the property of the Company or used with permission. Our clients shall agree not to upload, post, reproduce or distribute any information, software or other materials 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 the Company.
When our clients get access to or use the Company’s website or services, they shall agree to defend and indemnify the Company and its officers, directors, employees, and agents for all claims, liabilities, damages, losses, and expenses, including without limitation reasonable attorney’s fees and costs in case they violate any of the terms of this Agreement; or breach any applicable laws or regulations.
Term and Termination
The term of this Agreement is of unlimited duration in principle; however the Company shall be allowed to terminate this Agreement at any time by notice to our clients. As of termination, the said client shall not be able to carry out new transactions.
This Agreement shall be governed by interpreted in accordance with the laws of the British Virgin Island with the exception of the codes relating to International private laws. Any legal action or proceeding arising under this Agreement shall be brought exclusively in courts located the British Virgin Island and the parties hereby irrevocably consent to declare the personal jurisdiction and venue therein are null and void. The Company shall not be liable for any way to any persons in the event of force majeure, or for act of any government or legal authority. In the event that any provision in this Agreement is held to be invalid or unenforceable, the remaining provisions will remain in full force and effect. The failure of a party to enforce any right or provision of this Agreement shall not be deemed a waiver of such right or provision. The Company may assign this Agreement or any rights and/or obligations hereunder without your consent. The Company can amend the terms of this Agreement from time to time by posting the amended terms on our website. Our clients shall be responsible for checking whether the Agreement is amended or not. Any amendment shall come into force as of the day when it is published on our website. In case our clients do not agree to be bound by the changes to the terms and conditions of this Agreement, please do not use or access our services, and inform us in writing immediately.