Terms and Conditions

The following document refers to the user’s terms of use and license agreement for the online transaction system globoptions.com.

It is important that you read the following terms and conditions carefully before registering for globoptions.com. By registering with globoptions.com and/or using globoptions.com’s services, you acknowledge that you have read this document in its entirety, that you understand all the content of it and that you agree to be bound by all the terms and conditions of the document. If for any reason you do not agree to any of the terms set forth in the terms and conditions below, we instruct you not to use this website.

1. The following agreement is made between you (also referred to as “you” or the “customer”) and globoptions.com (also referred to as the “company”). The website and trademarks of GlobalOptions are the property of Global Options Ltd. In this agreement, you and the company may collectively be referred to as the “parties”.

2. The company executes an online system that makes it possible for certain types of financial contracts to be made between that company and the customer. The agreement relates not only to the website and the globoptions.com system, but also to all content that can be found on the website globoptions.com. This includes not only all electronic content, software, and information that may be found at this time, but also any features, services, or content that the company may add in the future.

3. Definitions

The following definitions shall have the following meanings, except where any other meaning is expressly indicated:

3.1. “System” is an electronic system that is intended to allow financial contracts to be made over the Internet with the globoptions.com platform, all subject to all terms contained in this agreement;

3.2. “Contract” or “financial contract” is a contract made to purchase digital options, CFDs, Forex and options or any other type of financial product or service that the company may offer to its clients through the system;

3.3. CFDs, Forex are options with a fixed and default performance that is decided when the contract is made;

3.4. The “contract price” refers to the rates offered within the system and the updated and most current rates for contracts of a relevant nature in financial markets, based on the indicative rates of various financial reporting systems.

3.5. “Markets” means all applicable markets where contractual fees are set in free trade and all other markets where different types of financial assets are traded;

3.6. The “business day” is a full calendar day (Monday, Tuesday, Wednesday, Thursday and Friday) that starts at 00:00 and ends at 23:59 on the same day;

3.7. “Transaction” is the sale and/or purchase of a financial contract at a set price;

3.8. The “close” is a reversed transaction made during the same business day that was made, for the purpose of closing the sale of a financial transaction with a sum equal to the sum spent on the initial transaction;

3.9. “Guarantee” means the sum of money that you, the client, initially deposits with the company minus losses, withdrawn funds and profits earned through transactions;

4. Membership Requirements

The company’s services are only available to individuals and/or companies that may enter into legally binding contracts in their countries of residence. Anyone under the age of 18 (also known as “minor” or “minor”) or who cannot participate in a legally binding contract in their country of residence is not authorized to use any of the services provided by globaloptions. Com. The Company shall not be liable for any unauthorized use of any of its services by minors in any way. All services offered by globoptions.com are available only to those who have sufficient experience and knowledge in relevant financial matters to be able to assess any risk and/or merit with respect to the performance of financial contracts through the globoptions.com website and have achieved it without having to rely on any information on the website. The company is under no obligation to verify whether it has sufficient experience and/or knowledge. The Company shall not be liable for any loss or damage incurred as a result of insufficient experiences and/or knowledge. The company will not be responsible for the accuracy of the information found on its website, whether the information has been published by the company itself or by others, nor will it be responsible for the decisions made by the customer based on this information. All information required by the customer must be thoroughly verified and confirmed by such customer through independent sources of information for full customer satisfaction before taking any action on the website. Once again, we should emphasize that you cannot use the globoptions.com website if you lack the knowledge and experience necessary to transact based on such knowledge, experience, personally evaluated data and/or educated evaluation.

5. Your Account

5.1. By accepting all the terms contained in this document, globoptions.com will open an account in your name on the globoptions.com. All relevant account details will be in accordance with any information you have provided to the company. The company may require more details from time to time. It is your responsibility to ensure that all information you have provided is completely true, accurate and complete. Providing misleading or inaccurate information will be considered a crime and will result in the immediate closure of your account. By accepting all of the terms contained herein, you acknowledge that the company may inform you as a beneficiary in the relevant account held by the financial institution with which globoptions.com deposits collateral (up to the creditor balance in your account at that time) by completing the identification process between you and globoptions.com. Therefore, the identification details you have provided to the company may be transferred for that purpose.

5.2. By accepting the terms and conditions contained herein, you grant full authority and power to the Company (until you provide the Company with written notice to the contrary) to follow orders in accordance with the instructions provided by you or your authorized agent, either orally or in writing. This complies with the powers granted to this company under this agreement.

5.3. You may not make any transactions until the guarantee has been deposited into your account. If this is not the case, or if the guarantee is insufficient for the execution of a particular transaction, then a transaction will not be possible. If the company allows you to trade before a security deposit has been confirmed, and in fact no collateral has been deposited, the company reserves the right to deduct from its winnings the amount that should have been deposited into your account as the security amount prior to the transaction. The company will retain all funds for you and the company may deposit them with any financial institution. These funds include (but are not limited to) funds used as collateral for company transactions. If a transaction is made and there is insufficient collateral in your globoptions.com account, the company reserves the right to decrease your exposure in the transaction or/and to contact you to correct the problem or/and demand full payment for lack of funds as a result of the transaction that was not covered by a sufficient guarantee. The aforementioned right of the company does not require you to reduce your exposure in any transaction. You will have no claims against the company regarding your losses as a result of changes in your exposure in any transaction

5.4. The Company has the right to modify the terms relating to the use of the system, its services and its scope and the amount of warranty required at its own discretion without notice. Of course, such changes will not apply retrospectively and will only apply to financial contracts made after the date of the change.

5.5. Once your account has started, you will receive a personal identification code that you can use to manage your online account. By accepting the terms of this agreement, you irrevocably agree to safeguard this identification code and, therefore, to waive all claims against globoptions.com with respect to unauthorized use of the identification code.

5.6. All financial contracts shall be subject to the most up-to-date and current version of the terms and conditions contained herein. The company reserves the right to change or cancel the terms and conditions, and the changes will be effective from the date they were placed on the site. A financial contract is completed when the contract has been customized and the premium has been paid and verified.

6. The Company warrants and undertakes the following:

6.1. That it has the merit, knowledge and skills required to provide the services to the customer.

6.2. That neither the company nor any other person (on your behalf) acts as an agent, broker or trustee for you when you transact in the system.

6.3. You will never be provided with any financial advice. No information contained on the company’s website should be construed or used as financial advice. No information on the site, on the system or provided through newsletters, emails, Skype or SMS sent by the company to the customer will be used as any form of financial advice, and the company will have no responsibility or obligation when the customer has chosen to ignore this. In addition, the company will not be responsible for the accuracy of the information provided on its website. You are personally responsible for making relevant and independent inquiries before taking any form of action on the website or using the company’s consultation services.

6.4. You will not have any liability for any loss, damage, expenses, claims, disputes, claims, etc., incurred by you due to your reliance on any information provided by the company.

6.5. You may not lose more money using the system than the amount you have paid the company as collateral and any sum of money in your account used to purchase contracts. This is the maximum loss you may incur.

6.6. Each financial contract you purchase through the system is a one-time agreement between you and the company and is not a form of security, is non-negotiable, transferable or assignable to a third party. The company does not offer clients a market for investments, securities or speculations.

7. The Company has the following rights with respect to the operation of its globoptions.com

The company reserves the right to terminate the operation of the website globoptions.com if:

7.1. Due to an event beyond globoptions.com’s control, power and liability, or due to monetary, economic, military or political events, it would be unreasonable for the Company to continue its operations without affecting the interests of the company itself or the customer adversely, or if the price of financial contracts cannot be determined in globoptions.com’s sole discretion.

7.2. If the communication between the parties with respect to the prices of financial contracts is broken or if the price of financial contracts can no longer be determined precisely or immediately.

7.3. The Company has good reason to believe that you have abused the system in one way or another or that it has in any way attempted to manipulate or affect the price of a contract or the system as such.

7.4. In the event of any of the foregoing (except where the customer has tampered with or abused the system in any way), globoptions.com reserves the right to terminate its betting contracts in its sole discretion (without notice). The company may do so at prices that the company deems reasonable and fair at that time. The customer may not file claims against the company in such a scenario.

If you have manipulated or abused the system in one way or another, globoptions.com reserves the right to take any action it deems appropriate in its sole discretion.

8. By accepting the terms of this agreement, you agree and warrant the following:

8.1. That all the details you have provided to globoptions.com are completely accurate and that you are at least 18 years of age, or the age that is the minimum age in your country of residence. You agree to be legally bound by all terms herein and that you have the knowledge and experience to assess the risks associated with conducting financial betting contracts without the advice of others.

8.2. That you will be the sole beneficiary and owner of your globoptions.com.

8.3. That fully understands and recognizes the fact that globoptions.com Operates using best business practices, always complying with local regulations and laws Republic of the Marshall Islands. By agreeing to the terms of this document, you acknowledge and agree that globoptions.com has no control over your actions and that you are responsible for making any relevant inquiries about the legal status of the use of globoptions.com services in your country of residence and that you are responsible for complying with local regulations. It also recognizes the fact that laws relating to financial contracts differ in different parts of the world and that it is your responsibility to ensure that you comply with the laws of your country of residence relating to any aspect of your use of the globoptions.com system or the globoptions.com website. You must understand that the ability to access the globoptions.com does not in itself mean that the company’s services are legal in your country of residence. By accepting the terms of this agreement, you confirm that you are not limited by any legal obstacle that prevents you from using the globoptions.com system or transacting with globoptions.com. We must emphasize the fact that customers should not use the company’s services when it is illegal to do so, and globoptions.com reserves the right to refuse to cancel and/or cancel the provision of services to any customer at any time in its sole discretion and for no reason. This includes (but is not limited to) circumstances in which globoptions.com realizes the fact that you are using the company’s services against the laws of your country of residence.

8.4. You acknowledge and warrant that all funds you deposit into your account have a legal origin and are not the result of any form of criminal activity. Any money received by the company from you is not invested in currencies, derivatives, securities, futures or other investments of the company on your behalf or on behalf of another person, but are used as collateral for transactions you make in the globoptions.com system.

8.5. You acknowledge and agree that you are fully aware of the risks that may arise as a result of transacting in the globoptions.com.

8.6. You agree that you are fully responsible for all actions taken on your globoptions.com. This includes the performance of any transaction, regardless of whether it is made by you personally, by any third party who has or has gained access to your globoptions.com account, the company’s employees in the course of executing your orders or your agent/lawyer. You agree that neither the company nor its employees shall be liable in any way with respect to the consequences of such orders or shares. You are personally responsible for ensuring that only you have access to your globoptions.com account and that no one underage in your country of residence has access to the system. We must emphasize that you are fully responsible for all transactions made through your globoptions.com. By accepting the terms of this document, you indemnify the Company with respect to any and all losses and costs incurred by globoptions.com as a result of your failure to settle or make a transaction, either indirect or direct.

8.7. You acknowledge that the Company shall not be liable for the consequences of any form of malfunction on your part in terms of or any malfunction of the equipment belonging to you, your Internet connection, the computer program you use or errors/failures of the software, etc. You are personally responsible for maintaining the means by which you access the website globoptions.com. You will assume all charges incurred by the systems required to access the system on your part, such as access, license, service and subscription fees. It also assumes responsibility for the consequences of the risks associated with storing and using information on your computer, tablet, laptop, smartphone or any other device or devices you use to access the globoptions.com website and services (all will be collectively referred to as a “computer” below). By accepting the terms of this document, you warrant and warrant that you will take all necessary steps to maintain adequate protection with respect to the security of your globoptions.com account, control of access to your computer and globoptions.com account and protected against computer viruses and other harmful data, information, materials and devices. You hereby agree that globoptions.com shall have no liability if your computer or computer system is damaged or fails, or for damage to data or records on your computer, loss, omissions, delays or losses as a result of mismanagement or failure of any computer equipment, software or telecommunications equipment you are using. You may not directly or indirectly expose the Company or any of its online service providers to any computer viruses or inappropriate or harmful device or material.

8.8. By accepting the terms of this agreement, you confirm and acknowledge that globoptions.com does not warrant that you will be able to access the globoptions.com website at any time or from anywhere in the world, and that the Website will provide you with uninterrupted and error-free service. It also confirms and acknowledges that globoptions.com will not be liable in the event that it is impossible for the company to place orders due to failures in the operations of the information systems due to any type of failure.

8.9. You must report all your activities to any tax authority or other authority to be contacted in accordance with the laws of your country of residence. You must pay taxes, government fees, levies, and charges related to all activities on your account, including any necessary deductions at the source. You waive your right to any claim against the company for this purpose.

8.10. You will not abuse the globoptions.com system and/or the globoptions.com website with the intention of performing a criminal act, such as money laundering. globoptions.com uses strict anti-money laundering procedures and reserves the right to refuse to do business and/or reverse transactions with customers who do not adhere to or accept these procedures/processes. These procedures/processes affect customers in the following ways:

8.10.1. You need to put all requested details on the account opening form that is used to confirm your identity.

8.10.2. globoptions.com you can only pay the winnings to the person who initiated the account and to an account registered under your own name. Winnings cannot be paid to a third party’s account. It is important to note that winnings can only be paid to the person who owns the original bank account. The responsibility to ensure that the account number and name accompany all transfer transfers is globoptions.com yours. If you use a credit or debit card to deposit money into your account, all winnings will be paid to the same card up to the monetary value of the deposited security. Any other winnings will be transferred to the customer via e-wallets, subject to all conditions listed above.

8.10.3. Each customer is only allowed one account. Earnings cannot be collected from accounts that have been opened with false names, or from multiple accounts that have been created by the same person.

8.10.4. You may occasionally be asked to provide proof of identity to the company, and this request may be made at the sole discretion of the company. Such proof of identity includes copies of passports or other means of identity verification that you globoptions.com deemed necessary under the circumstances. The Company also reserves the right to suspend an account in its sole discretion until proof of identity has been provided and the company is satisfied with it.

8.11. That you have read this entire agreement and that you understand all of its content and consequent implications, including but not limited to the risk of losing all of your warranty, before deciding to accept the terms of the agreement. The company reserves the right to request a voice confirmation regarding withdrawal.

9. The Warranty

9.1. In order to start using the globoptions.com system to make transactions, the client must transfer funds to his account that has been created by the company. This money will be used as collateral for all transactions made on the account.

9.2. The Company retains all rights and authority with respect to the warranty until it has withdrawn it.

9.3. All winnings you earn from your transactions will be added to your globoptions.com as a supplemental guarantee. Any loss that is the result of your transactions will be deducted from your globoptions.com.

9.4. Your creditor balance will have no interest.

9.5. The Company has the right to offer new and existing customers several bonuses and the opportunity to participate in various promotions. The opportunity to participate in the promotion and the opportunity to receive a bonus are a privilege for the client, and the customer may be denied at the discretion of the company.

9.6. The conditions for the provision of bonuses and participation in promotions are specified in this section, as well as on the company’s website. In some cases, the company has the right to award bonuses to customers on individual terms with customers. The company can occasionally offer exclusive bonuses for private VIP customers.

9.7 Bonuses are credited after receiving all required documents confirming the customer’s identity and only with the customer’s consent.

9.8 Types of bonuses:

9.8.1 Deposit bonus. The company provides the specified bonus when clients deposit funds into their accounts. The size of the bonus is determined by the company as a percentage of the amount of money deposited by the client.

9.8.2 Advance Bonus. The specified bonus is provided by the company to customers upon consultation with customers before the client makes a deposit, but subject to subsequent deposits of funds by clients. By providing this bonus, the company and the customer agree to:

1. The amount of the bonus;

2. The period during which the customer is obliged to make a deposit (if the company does not agree with the customer in this period, the parties have 7 calendar days);

3. The amount of the deposit to be made by the Customer.

9.9 To calculate bonus funds, the client must reach the volume of transactions 40 times greater for every $1 of funds (bonuses) received.

9.10. Once the bonus funds have been calculated, the client has the right to manage the remaining funds in his/her transaction account.

9.10.1 The Company has the right to debit bonus funds, as well as all income received into the client’s account using bond funds without notice and without receiving any consent from the client in the event that during any period of more than three months from the time of the transfer of the bonus and until the fulfillment of the condition for its calculation :

9.10.2 there is no activity (opening transactions in the transaction account) in the customer’s transaction account;

9.10.3 The current balance of the client’s account (taking into account open positions) does not exceed the amount of the bonus received from the company.

9.11. If the client has received multiple bonuses, withdrawal of bonus funds and transaction income is not allowed until the conditions for calculating all bonuses are met. After reaching the required volume of transactions, the entire account balance with deposit, bonuses and winnings can be withdrawn without restrictions.

9.12. When the client withdraws funds from the account prior to the fulfillment of the conditions for calculating the bonuses, all open positions in the client’s account will be closed and the balance in the client’s account will be recalculated according to the following formula:

Balance in the customer’s account – current account balance (balance) – the bonus amount (bonuses) awarded – the total income received by the client for all closed offers, opened since the activation of the bonus (only the positive total income is taken into account).

9.13. If the client does not deposit funds for the agreed amount within the stipulated time, the company has the right to debit the advance bonus provided, as well as all income received into the client’s account during the period from the time of granting the advance bonus and until the time the debit of bonus funds by the company occurs.

9.14. Before the customer makes a deposit in the amount agreed into his account or before the company debits the bonus, the customer’s account is blocked.

The conditions for calculating the advance bonus are similar to the conditions for calculating a deposit bonus. The company reserves the right to change and/or cancel bonus and promotion programs at any time.

9.15. The company determines the terms of the promotions maintained by the company and the rules of participation in the promotions, and this information is provided to customers in addition. Unless the company and the client agree on this additionally, in the event that the promotion is associated with the provision of bonus funds to the client, the conditions for calculating these bonus funds, the possibility of withdrawing funds from the account and other rules are determined in the manner provided for the deposit bonus.

9.16. Bonus funds received in your account during company promotions are paid in accordance with the paragraphs specified in this agreement.

9.17. “WITHDRAWABLE BONUSES”:

Definition:

A withdrawable bonus is defined as a bonus that will be credited solely and exclusively after a real deposit, or not, and can be withdrawn only when a volume 40 times greater has been traded for each $1 of bonus received.

Volume means the total sum of the invested amount of CLOSED operations. Without taking into account their results. To calculate the volume, only the amount invested is taken into account.

If you receive another bonus while you have an active bonus, your deposited funds and the previous bonus will be used first before using the new bonus in your trades. Therefore, the volume of this bonus on bonus will be calculated from the moment the volume of the previous bonus has been completed.

9.17.1. Deposit may be withdrawn without volume required. Benefits and bonus can be withdrawn only after completing the required volume except for 10% of the initial deposit as a test or emergency.

9.17.2. The balance will be invested in the same order that the money arrives.

9.17.3. In case of receiving an additional bonus while a previous bonus is active (accumulated bonus) the total bonus, accumulated bonus, the funds deposited by the Client will be used first and only after said funds are completely exhausted, the Client will have the right to use the Bonus for subsequent operations.

9.17.4. If a withdrawal is made greater than or equal to the bonus received or accumulated, of the AMOUNT of the deposit for which the bonus was received, the bonus will be debited in full. Any withdrawals made after receiving any bonuses will count and accumulate as the deposit AMOUNT.

9.17.5. The client may request the cancellation of this or any active bonus at any time, as long as the balance so provides, via email to [email protected], the cancellation of this will result in this bonus, or accumulated bonuses, being debited of his balance along with the earnings received from the bonus and he does not participate in the terms and conditions of promotions or bonuses. This will only be considered when the company confirms this request only via email or email.

Sample
Deposit	–	200.00
Bonus	25%	50.00
Max withdrawal before complete volume	10%	20.00
Volume requiered	40 times bonus	2 000.00

9.18 “MARGIN BONUSES”

Definition:

A margin bonus is defined as a bonus that under no circumstances can be withdrawn by the user. It can be activated under certain circumstances and some terms that the company determines appropriate with the client.

9.18.1 This bonus may generate benefits which may be withdrawn. However, at the time of making any withdrawal the margin bonus will be debited in full.

9.18.2 In the event that the user takes his balance to a lower amount, in order to withdraw profits from it, his balance must remain above the initial or net amount granted as a margin bonus.

9.18.3 The amounts or withdrawals of this bonus may have special terms and conditions as determined by the company.

9.18.4 In the event that the client makes a deposit after this bonus and it remains active, it may be debited if the company and/or the client so determine, and this and any other bonus may be debited by the company at any time. time, without prior notice if company considers it necessary.

9.18.5 This bonus is not mandatory and is only part of some exclusive promotions/situations that the company determines appropriate to offer it.

9.18.6 Margin Bonuses cannot be active at the same time as a bonus of another type.

9.18.7. The client may request the cancellation of this or any active bonus at any time, as long as the balance provides it, via email to [email protected], the cancellation of this will result in this bonus, or accumulated bonuses, being debited of its balance and it does not participate in the terms and conditions of promotions or bonuses. This will be considered only when the company confirms this request only via email or electronic mail.

10. Additional actions to deposit and withdraw money from the account, closing the account.

10.1 You must execute any withdrawal of the warranty available on your account, regardless of whether it is partial or concerns the total sum and includes all accumulated (but not future) earnings in writing. This must be done with prior notice to the company, and this notice must be seven business days or more.

10.2 The client may transfer additional funds to his/her account at any time to use them as collateral for transactions. All terms found in this document/agreement will apply to additional funds deposited in this manner.

10.3 The Company may charge fees for providing you with its trading platform and managing your transaction account. In the event that there is no transaction activity on your account for a period of 90 consecutive calendar days, as of the 91st, the company reserves the right to charge a mentioned fee of 5% of the account balance, but not less than $25 for each calendar month. The above-mentioned fee is charged until transactions are resumed on the relevant account.

11. Authorized Persons

11.1 You have the right to contact the company from time to time to inform the company about a person or persons to which you have granted authority or power to communicate with the company on your behalf. Any such information must be sent to the company by written notice. This notice should include the identification details of the relevant persons, including their names. You must also submit a signature model of each authorized person to the company. At any time you can revoke this delegation of authority by writing to the company with instructions to do so.

11.2 You and the Company will then be required by written or oral instructions to transact by an authorized representative as if you had made the transaction yourself, and all terms of this agreement will apply.

12. Records and Recordings

12.1 The company (or any authorized third party working on behalf of the company) reserves the right to record each telephone conversation. However, this is not an obligation of the company.

12.2 The Company (or as mentioned above, an authorized third party working on behalf of the Company) will retain copies of each written order you submit to the Company for a period to be determined at the company’s discretion. Records of all your transactions will also be kept and maintained either by the company itself or by an authorized party.

12.3 The Company reserves the right to use any and all recordings and/or records of nature described above for any purpose deemed appropriate by the Company.

12.4 Recordings and/or records of the nature described above are the exclusive property of the company and, therefore, the Company is in no way obliged to transmit such information to any other party. If the company is ever required to provide any documentation regarding your account, you will be responsible for the total cost of copying/duplicating copies or records/documents. This includes when this should be done following strict instructions from the competent authorities/bodies. The amount you must pay will be in accordance with the company’s current price list for such services at the time of the event.

13. Responsibilities and Risks

13.1 Each transaction you make is made at your own risk. The company and/or authorized parties acting on behalf of the company shall not be liable for any damage, debt or loss as a result of its shares, whether its effect is direct or indirect. You can never claim a sum that exceeds the sum of your warranty.

13.2 By accepting the terms of this agreement, you represent that you agree and understand that the Company has the right to close any transaction made by you at any time without notice if your portfolio is worth zero or less, after being calculated in accordance with any fluctuations in the prices of financial contracts.

13.3 The Customer agrees to inform immediately in case of any failure on the platform, prices or any perceived annomality. Our customers are una careful that any attempt to take advantage of any failure or technical error will be penalized by closing the offender’s account and will be permanently vetied. Taking advantage of a supplier’s technical errors for personal gain is illegal and is against our policies.

The stock split, or any announced change that may affect and consequently give a new guaranteed price in any asset. It is considered arbitration and will not be a valid operation.

13.4 Users of the trading platform are strictly prohibited from utilizing any form of automated trading technologies, including but not limited to trading bots, algorithms, or similar automated systems. The use of such technologies undermines the integrity of the trading environment and may result in account suspension, limited services or termination of it. including and all open/closed trades that the company considers made by a robot, under its complete discretion.

This also applies if any of our terms and conditions are violated or broken by clients, as a penalization of it.

High frecuency trading (HFT) is considered:
The high speed of execution of operations in short time periods
Using algorithms to identify trading opportunities
The introduction into the market of a large number of orders in a short time, which will soon be canceled

13.5 Traders are expected to execute trades manually and refrain from any activity that seeks to automate the trading process. This includes also, HFT ( high Frequency trading).

14. Transaction Reports

If you wish, you may request the company or an authorized party on behalf of the company to send you reports on all your transactions and information about the current amount of your warranty.

15. Fees and Commissions

The company will not charge you fees for any transactions unless the parties have agreed otherwise.

16. Transactions and their Characteristics

16.1 Each transaction made by you must be made in accordance with the procedures set out in the globoptions.com. The deposit of the security into your account for use in a transaction and acceptance of a transaction will be considered sufficient considerations.

16.2 All financial contracts executed by the company and all instructions accepted by the company shall be made in accordance with standard practices with respect to financial contracts of the type it makes in the system and in accordance with standard practices in international financial markets.

16.3 When trading with the Forex/CFD product, trades with an expiration time of 10 minutes and more are counted for the client’s volume. For open transactions with an expiration time of 10 minutes and more, the company reserves the right to manage the volume of each customer individually, in case there is any suspicion of unfair transactions and/or fraudulent attempts to generate a volume of transactions.

17. Dear inaccurate, stop transactions and force majeure

17.1 By accepting the terms of this document, you acknowledge that the facilities for conducting transactions provided to customers through the system may be temporarily stopped without notice if there are circumstances that the company cannot control. If this happens, the company or an authorized party acting on behalf of the company reserves the right to stop any open transactions it has in the system by making a reverse transaction. The company reserves the right to do so without prior written notice. By accepting the terms of this agreement, you waive the right to file indemnification claims, causes of action or lawsuits against the company if this happens. You also acknowledge and agree that this waiver of your right to file a claim is a precondition for the validity of this agreement between you and the company.

17.2 Provided that a written notice has been sent to you in advance, the Company reserves the right to cancel any of its transactions if they have not been executed at an exact price or indicative price at the time of the transaction due to human error or system error. This applies regardless of whether the error was under company control or not.

18. Payments and Settlements

18.1 With respect to transactions, assets or funds cannot be transferred from one party to another, except in the case of the settlement of their losses. This will be deducted from the guarantee and/or payments of the profits collected, either by the company or by an authorized party acting on behalf of the company.

18.2 It is not possible to have your guarantees returned to you in a currency other than the currency you originally used to deposit money into your globoptions.com. Any money paid to you by the company will be paid in the same currency you used to deposit your guarantee.

18.3.1. We transfer any payment to you within 7 business days from the date you requested payment.

18.3.2. In the event that the amount requested for the transfer exceeds a monthly limit of US$10,000 (in the account currency), the company reserves the right to transfer the amount in installments monthly and will transfer the total sum within 5 months of the date of confirmation of the request.

18.4 Withdrawals

Before you can withdraw funds from your account, you must complete, sign (signature may be yours or a designated representative) and send the “Application for Release of Funds” form to the company. The company or an authorized representative will provide you with this form.

18.4.1. It is possible to make payments to the company by credit card, but this is subject to the rules and regulations of the issuer of your credit card of choice.

18.4.2. Any withdrawal that cannot be refunded to the customer’s credit card will be processed by electronic card or bank transfer.

18.4.3. Any bank transfer transaction below $200 will be charged $20 as a “transaction fee”.

19. Intellectual Property

19.1.1. The website globoptions.com belongs to the company and third parties (including our licensors). The content includes, but is not, but is not included in the terms, data, and names. These may or may not be accompanied by a symbol identifying them as trademarks or articles claiming copyright. The lack of a symbol suggesting that there is an intellectual property right should not be construed as meaning that the data, term or name are not the intellectual property rights of the company itself or a third party.

19.1.2. If the intellectual property of a third party has been used by us as content anywhere on our website, this should not be understood to mean that such third party is affiliated with us, or that it sponsors or endorses us. Nor should it be construed as meaning that the third party is making any form of representation as to the desirability of using our products for transactions and/or betting.

19.1.3. None of the contents of this website may be reproduced, published to a third party, adapted, framed, linked, made in public, transmitted in any form or distributed unless we have given our written consent in advance.

19.1.4. By accepting the terms and conditions, you also agree not to allow or resell access to the Website to others, and not to copy anything that appears on the Website for any purpose without first obtaining the company’s written consent. You will be personally responsible if you make unauthorized use of the website.

20. By agreeing to the terms of this agreement, you agree to use only the information you receive from the company’s information system to transact on the company’s website and system. You may not use the website or service for abusive, illegal, harassing, libelous, obscene, threatening or defamatory purposes or for purposes that interfere with another person’s privacy.

21. If the Company has any reason to believe that the information you have provided to you is no longer accurate or current, then the license granted to you under this agreement will be terminated. This will also be the case if you do not comply with the terms and conditions of this agreement. If you violate any of these terms and conditions, you agree that your access to our services will terminate immediately. By agreeing to the terms of this agreement, you agree that the Company has the right to terminate access to all services and remove any content or information within a service without notice and at the company’s discretion.

22. Property

With respect to the duration of the validity of the license granted to you by the company in this agreement in terms of use of the software, it will be effective and valid as long as this particular agreement or any other agreement that replaces it remains in effect. The company retains ownership of all software, intellectual property and documentation at all times. It is a violation of this agreement to use the Software for any use, whether by a person, corporation, company, governmental organization or any other entity other than as specified in this agreement.

23. Restrictions

You are not permitted or permitted to rent, lease, modify, distribute, lend, display, disclose or create derivative works based on our software. You are not permitted to decompile, translate, reverse engineer, adapt or disassemble any part of our software. You should never attempt to create the source code of the software object. You are allowed to transfer the company software to other computers owned by you, but only on the condition that you only use the software on one computer at a time and not on two or more computers simultaneously.

24. Property Protection

The company’s website, all company documentation and software contain material that is protected by international copyright, trademark laws and trade secrets. This material is also protected by provisions of international treaties. Any rights not expressly granted to you in this agreement are reserved by the company or the company’s partners/suppliers/licensees. It is prohibited to remove any notice of ownership of any copies of the software or company documentation.

25. Related third-party websites

Occasionally, the company may post links to other websites controlled or managed by third parties. Any link of this nature is not a form of authorization, endorsement, affiliation or sponsorship.

26. With respect to the hyperlinks mentioned above, the Company warns you that it must be sure that it understands all risks involved with using such sites before using them, relying on them or purchasing anything from them. These links are provided to you for no other reason than your convenience. By accepting the terms of this agreement, you agree that the Company shall not be liable in the event of any damage or loss as a result of the use or reliance on any of the services, goods or content available on the linked sites.

27. Binding Form

By agreeing to the terms of this agreement, you agree and acknowledge that the Company has the right to update/adjust/modify the terms of this agreement at times in its sole discretion. However, this will only be the case that the current and accurate binding form has been posted on the company’s website and is accessible to you. This form will always be up-to-date and current.

28. Confidentiality

You hereby acknowledge that the company’s software contains certain trade secrets owned and by accepting the terms of this agreement, you agree to maintain the confidentiality of the company’s software by making a great effort to maintain the confidentiality of your own confidential information.

29. Limits on warranty

We must emphasize once again that any use of the company’s software or website is at your own risk. The company’s services are provided to you without representation of any kind or warranty. The company disclaims all warranties, to the maximum extent permitted by law. Therefore, the company does not guarantee that any feature in the software will meet any needs or requirements that it may have, or that the software will run without error, or that any errors may be corrected, or that the software will be compatible with all platforms. You assume all risk of using the company software. THIS DISCLAIMER OF WARRANTY IS AN ESSENTIAL PART OF THIS LICENSE AGREEMENT AND SHOULD THEREFORE NOT BE IGNORED. Of course, this part of the agreement is limited to regulations and laws in the country of your residence. Some jurisdictions do not allow any waiver of implied warranties, so this part of the agreement may not apply to you personally.

30. Limited Liability

The company, its directors and employees shall not be liable to you or any third party for consequential or incidental damages in any event or scenario as a result of the use or inability to use the company’s software. This will also apply to claims from other parties, and this will be the case even if the company is aware of the possibility of such damage in advance. The company’s overall liability with respect to all obligations in this agreement or with respect to the company’s documentation and software shall not amount to more than the amount of fees you have paid for using the documentation and software. This limitation may not apply to you if you reside in a country or state that does not allow the limitation or exclusion of liability for incidental or consequential damages by law.

31. Privacy Statement

The privacy of our customers and the protection of their information is a priority for the company. The company keeps all its information on servers where the information is protected by technological and physical security measures. Customers who prefer that their information should not be maintained in this way should not use our services. Under no circumstances will the company rent or sell your personal information to third parties unless you have given your explicit consent for the company to do so. The company will only use your personal information as described in the privacy policy. By accepting the terms of this agreement, however, you agree to be sent advertising and promotional material. This may be our own or third-party material.

32. Termination of the Agreement

32.1. The Company reserves the right to terminate this Agreement whenever it wishes. This will be done by means of a warning.

32.2. You may terminate this agreement at any time at any time with 48-hour prior notice to the company.

32.3. In order to terminate the agreement, you must first execute all required transactions.

32.4 From the moment you sent your termination notice to the company, you will not be allowed to make new transactions.

33. Other Terms

33.1. These Terms of Use and End User License Agreement are the entire and exclusive agreement between all parties involved with respect to this matter. It therefore annuls previous agreements, arrangements, proposals, understandings and representations, regardless of whether they were oral or written. If the customer consists of more than one entity or individual, the terms of this agreement will bind them all equally and jointly and severally.

33.2. The parties to this Agreement are only responsible for complying with the obligations described in this Agreement. The Agreement does not grant or form any right for the benefit of any third party not mentioned in this Agreement and is not a signatory thereof.

33.3 The Customer may not transfer any obligation or right under this Agreement or the Agreement itself to a third party.

33.4. The company or an authorized party may send you documents or notices on behalf of the company by mail, courier, telex, fax or email. Any notification that the company sends you will be sent by mail or certified mail. Any notification of this nature will be effective when received by the customer.

33.5 These Terms of Use and End User License Agreement shall be construed, applied and governed by the laws of Republic of the Marshall Islands, except where there are conflicts with laws and regulations in the customer’s country of residence. Each part of this agreement hereby irrevocably agrees that any legal action with respect to this agreement will be conducted only in the courts of Republic of the Marshall Islands. All parties irrevocably waive any objection to the venue of any legal action to the extent permitted by law. Each party irrevocably recognizes the jurisdiction of the courts of Republic of the Marshall Islands. Each party irrevocably submits to the exclusive jurisdiction of the courts of Republic of the Marshall Islands in any form of legal action. Finally, each party irrevocably agrees that the final judgment in any legal action, lawsuit or proceeding will be completely binding and conclusive.

34. All news, research, prices, opinions or other information that can be found on this website are provided to customers as a form of general market commentary. It should not be construed as advice in any way or at any time. The company shall not be liable for any damage or loss that may be the result of the customer relying on such information, whether the use is direct or indirect.

35. The use of any service offered by the company and / or the use of globoptions.com and the globoptions.com website, means that the client / user accepts that globoptions.com, the author of globoptions.com and any other body associated with globoptions.com will not be responsible for any type of damage or loss, whether indirect or direct, that is the result of the use of signs, software, information, messages, worksheets, manuals, alerts, instructions, directives or any other information on the website that is connected to use and understand the services offered by the company.

36. You are using the services offered by globoptions.com and the website at your own risk.

37. There is no guarantee of results, performance or anticipated return of any type of investment at any time.

38. You cannot rely on past performance as a form of guarantee of future results or performance.

39. Using the website implies that you agree to assume sole and full responsibility for all your actions.

Risk Statement

The type of financial transaction described in this agreement involves the use of financial leverage and, therefore, these financial contracts should be considered financial activities with a high risk. Before you start transacting with the company, you should carefully consider whether this type of financial activity is suited to your financial resources and personal circumstances. The risk of losing some or all of the funds that you have invested in a short period of time is high, and therefore we recommend that you use only the funds that you have designated for speculative financial transactions with a high level of risk. It is important that we emphasize that this section of the agreement does not include all possible risks associated with the type of transaction that you can make with globoptions.com and that is described in this agreement.

You should be aware that transactions in general on the financial markets and the purchase of CFDs and digitals, Forex and Options in particular, is a speculative activity and therefore involves an extremely high risk factor. By accepting the terms hereof, you expressly state that you fully understand that small differences in market prices may occur in very short timeframes and that this may lead to large gains or losses. This could mean the total loss of all securities. There is no way that the client can guarantee profits from any type of financial transaction of the type described in this agreement. Client acknowledges that he fully understands the risks involved in CFD, Forex and Options transactions as a result of this.

Registering an account with globoptions.com and making transactions implies your approval that you are fully aware of and agree that:

(1) There is a high level of risk associated with the type of transaction offered by the system.

(2) You have full knowledge and information regarding CFDs, Forex and Options and other options and the risks associated with these types of options. You carry out all transactions at your own discretion, responsibility and risk. You agree to have the financial capacity to finance said transaction and that you assume the consequences of carrying out said transactions.

(3) That the contract prices displayed on the globoptions.com website do not necessarily reflect live market values. They are “strike prices” or “option prices” and the prices at which globoptions.com is prepared to sell its CFDs, Forex and Options to its clients.

(4) When buying CFDs, Forex and Options, you can lose a considerable amount of invested money or even lose all its values.

(5) All customers must complete globoptions.com withdrawal procedures in order to make withdrawals.

(6) Before executing any financial contract, you have read all the terms of this agreement and fully understand them, including the possible consequences of trading CFDs, Forex and Options and other options.

(7) That investing incorrectly can cause considerable loss of finances.

(8) That the useful life of the financial contracts offered by globoptions.com to the client can be only a few minutes.

(9) Only experienced users who are capable of losses can use this system. You should carefully consider whether such financial transactions are in your best interest taking into account your personal circumstances, resources, etc. You should understand the possible implications of executing such financial contracts and it is advised to consult with legal advisers and tax experts before joining globoptions.com and transacting. You assume all responsibility in relation to this.

40. Changes to the terms of the agreement are applicable to both new and existing customers.