Terms of use

BY USING THIS MOBILE APPLICATION, HEREINAFTER REFERRED TO AS ForexTeam YOU WILL BE BOUND BY THESE TERMS AND YOU SIGNIFY YOUR CONSENT TO THESE TERMS AND CONDITIONS. IF YOU DO NOT AGREE TO THESE TERMS, YOU MUST NOT DOWNLOAD AND USE THIS MOBILE APPLICATION AND SHOULD DISPOSE OF IT PROMPTLY. MOBILE APPLICATION ForexTeam IS OWNED AND OPERATED BY Forex Team SIA.

  1. User licence conditions

1.1 Subject to the terms and conditions and for the limited purposes set forth herein, ForexTeam / ForexTeam.com grants you the limited and non-transferable, right to:
1. download the content you have obtained from website ForexTeam.com and use the content on mobile devices owned by you for personal and non commercial use.
2. access free and payable services available in mobile application ForexTeam / ForexTeam.com

1.2 You hereby acknowledge that nothing in these Terms is meant or shall be deemed to give you any rights in any works of authorship or copyrights owned or licensed by ForexTeam / ForexTeam.com . In the event that the owner, in whole or jointly, of the Content is a party other than ForexTeam / ForexTeam.com, you agree that such party shall be a third party beneficiary under this Agreement and shall have the right to enforce the terms and conditions that pertain to such party’s rights in and to the Content.

1.3 The following restrictions shall apply to your use of the Content in any format and on any media:

  1. a) You may not copy, reproduce, distribute, transfer, sell, lease, or rent any program code to any other person or entity, in whole or in part.
  2. b) You may not change, modify or create derivative works, enhancements, extensions, or add-ons to any of the Content.
  3. c) You may not decompile, reverse engineer, or disassemble any of the programming code and Content, in whole or in part.
  4. d) You may not use the Content for commercial purposes, or purposes other than your personal use.

1.4 By purchasing any of our services, you also agree that we can record and store important information to prevent fraud, including your geographic location, IP address etc. and these details will be registered in our licensing database. After three months of free use of mobile application “ForexTeam” comes into force special agreement with all registered users.  By downloading or accessing any of our Content (information) and/or possessing it on your computer and mobile devices you unconditionally accept and allow our tracking devices to be fitted on our guides and products to obtain this information. This does not affect any of our rights outlined in other clauses of these Terms which still apply.

  1. Trademark, copyright and intellectual property rights

Forex Team SIA reserves any and all of the trademarks, trade names, copyrights and other intellectual property rights that it may have in or to the Services including any Enhancements developed or created by Forex Team SIA. You may not use any framing techniques to acquire any logo, trademark or other proprietary content (textual, images, text, layouts or forms) of our mobile application without our prior written approval.
You shall not during or at any time after the termination of this Agreement in any way challenge or dispute Forex Team SIA by Forex Team SIA of any such rights.

  1. Indemnity

You agree to indemnify, defend and hold Forex Team SIA, its parents, subsidiaries, affiliates, officers and employees harmless from any loss, cost, damage, claim or demand, including reasonable legal fees, made by any third party or incurred or suffered by Forex Team SIA or its parents, subsidiaries, affiliates, officers or employees in connection with your use of the mobile application and other internet Content in breach of these Terms and Conditions or negligence.

4. Mobile application policies

Forex Team SIA / ForexTeam.com reserves the right to make changes / updates to the mobile application, website, policies, terms and conditions and terms of use at any given time.

  1. Confidential Information

All information and data which Forex Team SIA may have imparted and may from time to time impart to you relating to the Services shall be presumed to be proprietary and confidential. You shall use the same solely in accordance with the provisions of this Agreement and shall not at any time during or following termination of this Agreement disclose the same, whether directly or indirectly, to any third party without Forex Team SIA prior written consent.
ForexTeam.com / mobile application “ForexTeam” does not discriminate on the basis of race, age, gender, national origin, sex or religion.

6. Links

Forex Team SIA is not responsible for the content of any websites that may be linked to from the website ForexTeam.com or any message board associated with us or the website. These links are provided for the reader’s convenience only and you accessed at the reader’s risk. All websites accessed the website ForexTeam.com are independent of us and we have no control over the content of those websites.  In addition, a link to any other website does not imply that we endorse or accept any responsibility for the content or use of the website.

  1. Warranties and Disclaimer

THE SERVICES IN THIS MOBILE APPLICATION ARE PROVIDED TO YOU ON AN ‘AS IS’ AND ‘AS AVAILABLE’ BASIS WITHOUT WARRANTY AS TO ACCURACY, TIMELINESS OR COMPLETENESS. TO THE MAXIMUM EXTENT PERMITTED BY LAW, ALL REPRESENTATIONS AND WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WITHOUT LIMITATION ANY WARRANTIES OR CONDITIONS OF OR RELATED TO ACCURACY, CURRENCY, MERCHANT ABILITY, SATISFACTORY QUALITY OR FITNESS FOR A PARTICULAR OR ANY PURPOSE ARE HEREBY EXCLUDED.

EXCEPT IN RESPECT OF OUR LIABILITY FOR FRAUD AND INJURY OR DEATH OF ANY PERSON RESULTING FROM OUR NEGLIGENCE, Forex Team SIA SHALL NOT BE LIABLE TO YOU, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE AND BREACH OF STATUTORY DUTY), STRICT LIABILITY OR OTHERWISE FOR ANY DAMAGE TO YOUR MOBILE DEVICE, COMPUTER OR COMPUTER SYSTEM OR SETTINGS, LOSS OF DATA, REVENUE OR PROFITS, OR FOR ANY INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ANY NATURE WHATSOEVER WHICH YOU MAY SUFFER ARISING OUT OF YOUR USE, DELAY IN USING, OR INABILITY TO ACCESS THIS MOBILE SERVICES, OR IN ANY OTHER WAY CONNECTED WITH THIS MOBILE APPLICATION / WEBSITE. Forex Team SIA DISCLAIMS ANY REPRESENTATION OR WARRANTY THAT THE MOBILE APPLICATION OR MOBILE SERVICES WILL MEET YOUR REQUIREMENTS.

THE INFORMATION AND ALL CONTENT OF FOREXTEAM APP IS NOT DIRECTED AT RESIDENTS OF THE UNITED STATES AND IS NOT INTENDED FOR DISTRIBUTION TO, OR USE BY, ANY PERSON IN ANY COUNTRY OR JURISDICTION WHERE SUCH DISTRIBUTION OR USE WOULD BE CONTRARY TO LOCAL LAW OR REGULATION.

  1. Warning

Foreign Exchange (“Forex market”) trading carries a high degree of risk. The amount of initial margin is small relative to the value of the position so that transactions are ‘leveraged’ or ‘geared’. A relatively small market movement will have a proportionately larger impact on the funds you have deposited. You may sustain a total loss of initial margin funds and any additional funds deposited to maintain your trading position. You should carefully consider whether trading Foreign Exchange is appropriate for you in light of your experience, objectives, financial resources and other circumstances.
Forex Team SIA, trademark ForexTeam takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making the decision to copy our trades on your own trading account. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our trading signals. This is for information purposes only as ForexTeam SIA is not registered as a securities broker-dealer or an investment adviser. Mobile application ForexTeam is not a solicitation to trade forex and stocks signals and no representation is being made that any account will or is likely to achieve profits or losses similar to those shown in this mobile application. The past performance of any trading system or methodology is not necessarily indicative of future positive results.

  1. Entire Agreement

These Terms supersede all prior representations, arrangements, understandings and agreements between the parties hereto relating to the subject matter hereof, and sets forth the entire, complete and exclusive agreement and understanding between the parties relating to the subject-matter hereof. No party has relied on any representation, arrangement, understanding or agreement (whether written or oral) not expressly set out herein.

  1. Governing Law and Jurisdiction

Mobile application ForexTeam / mobile services is operated by Forex Team SIA. Forex Team SIA does not make any representation that services offered through this mobile application / website are comply with any legal or regulatory requirements of such other countries. In accessing this mobile application / website you do so at your own risk and on your own initiative and are responsible for compliance with local laws in your country to the extent any local laws are applicable. These terms and conditions of use shall be governed by a construed in accordance with the laws of Republic of Latvia (EU) and you hereby agree for the benefit of Forex Team SIA and without prejudice to the right of Forex Team SIA to take proceedings in relation to these terms and conditions of use before any other court of competent jurisdiction, that the courts of Republic of Latvia shall have jurisdiction to hear and determine any action or proceedings that may arise out of or in connection with these terms and conditions of use, and for such purposes you irrevocably submit to the jurisdiction of such courts.