Terms and Conditions

1. Introduction

These terms and conditions were updated on 11/05/13. Your continued use of the Trade Connexion Services Ltd (Forex Traders Corp) Website constitutes your acceptance of the new Trade Connexion Services Ltd Terms and Conditions.

This Agreement is an English language legal document which sets out your rights and obligations, and those of Trade Connexion Services Ltd, a company registered in St Vincent and the Grenadines under registration no. 21847 IBC 2013 ("Forex Traders", "we" or "us"), in relation to this site and the services offered by Forex Traders through it (the Forex Traders Website). You must take the time to read and understand it before registering for the Forex Traders Website. By registering you accept that you are entering into a contract with us on the terms of this Agreement. Visitors to the Forex Traders Website who do not register to become a Member (see 2 below) similarly affirm that they are bound by this Agreement each time they access the Forex Traders Website. You should be aware that this Agreement may change from time to time in accordance with Clause 23 below.

IF YOU DO NOT AGREE WITH THESE TERMS AND CONDITIONS, PLEASE DO NOT USE THIS WEBSITE OR THE SERVICES OF FOREX TRADERS CORPORATION LTD. We may change these terms and conditions at any time by updating this page. You should visit these terms and conditions each time you visit the Forex Traders Website to review the latest terms and conditions.

Important: You must ensure that the email address we hold for you is kept up-to-date and that you have full access to it - we will be sending you important messages there. If you change email address, then you must inform us of the new address through "Your Member Details" page.

2. Introductory Trial

We offer an introductory trial membership to new members for a one-off fee of £1.00. (the "Introductory Trial").

The Introductory Trial shall last for either 7 or 14 days (dependant on the offer subscribed to) from the day we receive notice of your payment for the Introductory Trial. Please note, the day you receive access to the trade room for the Introductory Trial will count as the first day. The Introductory Trial can only be redeemed once by any one individual. During the Introductory Trial you shall have access to the "Omnovia Room & Live Calls" only and not to the full suite of services we offer.

If you do not wish to become a Full Member after the Introductory Trial Period has expired YOU MUST follow the procedure for unsubscribing (the "Unsubscribe Procedure")which is detailed in the PayPal confirmation you receive on payment of your trial membership fee of £1.00. YOU MUST complete the Unsubscribe Procedure AT LEAST 24 hours before the Introductory Trial period is due to expire if you wish to avoid being charged the first month's Full Membership Fee. Except in exceptional circumstances, adjudicated solely at the discretion of the Forex Traders Corportation Ltd,no refunds will be issued for failure to adhere to the above unsubscribe procedure. Any refunds that are granted due to exceptional circumstances will be subject to a £50 administration fee.

Upon the expiry of the Introductory period, if you have not completed the unsubscribe procedure outlined above, the following will occur:

  • We shall debit the first monthly payment at the prevailing membership rate (the "Full Membership Fee") from you (using the credit card / PayPal information you provided at the time you signed up for the Introductory Trial); and
  • Your Full Membership shall commence shall continue until it is terminated in accordance with this Agreement. No refunds or partial refunds will be made on subscriptions paid.
  • The Full Membership fee and / or SMS Service fee are a monthly payment and shall be debited each month from you until you terminate your Full Membership or SMS Service in accordance with this Agreement.

3. Important Note: Full Membership & Or SMS Membership

Full Membership soley provides your access to: "Omnovia Room & Live Calls" and a direct feed of the "Tiger Grids" and "Tiger Charts" (the "Services"). Additional services that may be provided are done so at the descretion of Forex Traders Corporation Ltd. These can be altered or withdrawn without notice and are not considered part of your subscription contact. If you decide to become a Full Member, and therefore pay our Full Membership Fee, you are agreeing to take the Full Membership. SMS membership includes access to the SMS Trade Call service. Additional services that may be provided are done so at the descretion of Forex Traders Corporation Ltd. These can be altered or withdrawn without notice and are not considered part of your subscription contact. We will make the Services available to you promptly upon receipt of your relevant Membership Fee. Once the Services have been made available to you, performance of our contract will have begun and therefore, pursuant to regulation 8 (3) of the United Kingdom's Consumer Protection (Distance Selling) Regulations 2000, you will no longer have the right to cancel this Agreement, or to any refund of that fee, during any cooling-off period.

Your subscription entitles you to access and. use the services that are associate with your membership level. A subscription provides you with a single access. This can be exercised through different machines or devices provided that you are logged in to the Trade Room, TimeLanes software or messaging service on only one particular device at a time. In addition, you are prohibited from live streaming or broadcasting the trade room or TimeLanes software to any third party and from copying trades and providing them to any third party.If a subscriber is found to be infringing these terms in this manner then they will have their access immediately revoked to ALL Forex Traders Corp Products. If you wish to have additional concurrent access to any Forex Traders Corps products you will need to obtain additional relevant licences to do so.

Please note that a continuous Full Membership or SMS Service may lapse due to our inability to take payment using your selected payment method - such as if you change credit card. In that event, you will need to arrange to make payment in order to renew your Full Membership.

Please note that we reserve the right to change the amount of the fee for Full Membership or SMS Service, the period which it covers and the services which it enables you to obtain from time to time. However, Full Members can be assured that these changes will not take effect until their next renewal date, except with the agreement of the Full Member.

4. Term and termination

Upon receipt by us of your first Full Membership or SMS Service Fee, your Full Membership or SMS Service shall continue unless terminated in accordance with this Agreement.

You may cancel your Full Membership or SMS Service at any time by canceling your service subscription through PayPal or your Bank standing order . This must be done at least 24 hours prior to the end of the relevant subscription. Following completion of the unsubscribe procedure, termination shall take effect at the expiry of the then-current subscription period that you have already paid for (e.g. one month).

Subscription cancellation is entirely the responsibility of the client. No refunds will be made in the event that the client forgets to cancel his subscription

Unless expressly stated to the contrary in this Agreement, we will not refund any remaining portion of Full Membership Fees you have paid.

5. Registration

You undertake to register for the Forex Traders Website using accurate and current information about yourself - including your correct name, address and any other requested details. If you have included your mobile number as part of registration, we may, from time to time, contact you via SMS to inform you of new and exciting services from Forex Traders or other services within the group. If you are asked for, and provide, details of a credit, debit or charge card, you must ensure that (a) you are fully entitled to use that card, and (b) it has available funds sufficient to cover the charges which are deducted from it. As part of the registration process for the Forex Traders Website, you will receive a verification email, the purpose of which is to take reasonable steps to ensure that the email address you have nominated during registration is controlled by you. That email contains simple instructions which you must follow.

6. Forex Traders Role

You, the member, who visits the Forex Traders Website, acknowledge that we are not and cannot be responsible for any losses that you incur as part of your Forex trading - whether on the Forex Traders Website or outside of it. We only provide, as an advisory role, the Forex calls based on our knowledge of the market and using the Tiger Grids and related Charts. It is wholly your decision to follow and/or execute the advice given on or by our calls, and therefore we do not take any responsibility for losses that you may incur.

7. Additional services

Forex Traders or its affiliates may offer new or additional services through the Forex Traders Website from time to time. Your use of those services may be subject to additional terms and conditions, or rules of use which you must comply with. Such additional terms and condition and rules of use will be made available on the Forex Traders Website and shall form part of this agreement. . Any failure by you to comply with a material provision of the terms or rules governing such additional services will amount to a breach of this Agreement and entitle us to terminate this Agreement with you.

8. Operation of Forex Traders Websites

Forex Traders reserves the right to withdraw or modify aspects of the Forex Traders Website where we have serious legal or technical reasons to do so, including (a) privacy, data protection or other legal objections to the content or conduct of the Forex Traders Website, and (b) technical difficulties experienced by Forex Traders or on the Internet. There may also be times when the Forex Traders Website becomes unavailable, whether on a scheduled or unscheduled basis. Please note that there will be no refund of Full Membership Fees (nor will we have any other liability to you) for withdrawal, modification or unavailability of the Forex Traders Website, except as provided in Clause 11(ii) below. For security or other reasons, we may require you to change your password or other information which facilitates access to the Forex Traders Website.

9. Misuse of Forex Traders Website

We reserve the right (a) to suspend or terminate any Member's access to the Forex Traders Website, or parts of it, and/or (b) to remove or require the Member to remove, material posted on the Forex Traders Website, if the relevant Member or material appears to us, or to a complainant, to be in breach of any provision of this Agreement. Any person whose access has been suspended or terminated must not re-register for, or re-access, the Forex Traders Website without our prior consent. You are responsible for everything which is done on or through the Forex Traders Website while your Membership account is logged on to the Forex Traders Website, or through your email address(es). In addition, we reserve the right to suspend or terminate any Member's access to the Forex Traders Website, or parts of it, if the relevant Member is abusive, discriminatory or threatening to, harasses or communicates offensive messages or images to another Member. For completeness, where we reserve a right in this Agreement, it does not mean we will be obliged to exercise it.

If we terminate or suspend your access to the Forex Traders Website, or parts of it, for any of the reasons set out in this section, we shall have no liability or responsibility to you, and we will not refund any amounts that you have previously paid.

10. Relevance

The Forex Traders Website is intended to be used by its Members for the purposes referred to in Clause 2 above. Accordingly, Members must not:

  • include any email address, postal address, phone number, the address of any website, or any other information which is intended to facilitate direct communication, in material which is posted on the Forex Traders Website - Full Member, and the recipients of their emails, can share this information, should they wish, once direct contact has been made.
  • place material on, or otherwise use, the Forex Traders Website for any business, advertising or commercial purpose (including, for example, the offering of escort or similar agency services)
  • use their access to the Forex Traders Website, or information gathered from it, for the sending of unsolicited bulk email (sometimes known as spam)

11. Fees

  • You acknowledge that we are entitled to alter the amount or the basis of the calculation of our fees from time to time, provided that such amount or basis is clearly stated at the time when you agree to take the relevant Forex Traders Website.
  • Subject to clause 9, Full Membership Fees paid by a Full Member will not be rebated or refunded by Forex Traders, unless the Forex Traders Website for which the Full Member has subscribed is withdrawn from that Full Member and cancelled. In this event, the portion of fees that relates to the period from the date of withdrawal of the service through to end of the Full Member's then-current monthly membership will be refunded.

We may add new or ancillary services from time to time which require the payment of fees - either to us or a nominated third party - on terms which will be provided to you at the time.

12. Prohibitions

You are responsible for ensuring that no material you post, or which is posted through a machine on which you access the Forex Traders Website, nor any activity or communication you make in connection with any Forex Traders Website, will be capable of (a) infringing the intellectual property or other rights of any person or entity, (b) breaching any applicable law, whether criminal, tortuous or otherwise, or (c) appearing to be offensive, threatening, abusive, discriminatory, obscene, pornographic, false, libellous, defamatory, unreliable or misleading.

13. Alerting Forex Traders

If you see anything on the Forex Traders Website which appears to infringe this Agreement, then please contact us to inform us of it by using the "Report Abuse" function, or by emailing us here. We do not monitor all material contributed by Members before it is placed on the Forex Traders Website, and so we are reliant upon users to point out any which infringes this Agreement.

14. Withdrawal of material

Each Member acknowledges that we are entitled to withdraw any material on the Forex Traders Website which appears, whether based on information received from Members or others or our own determination, to be capable of breaching any part of this Agreement, or to bring the Forex Traders Website into disrepute. However, each user acknowledges that we do not monitor all material which appears on the Forex Traders Website, and that we are reliant upon you and all users to notify us of anything you see here which appears likely to breach this Agreement, using the notification techniques which are made available on the Forex Traders Website.

15. Disclaimer and Release

Forex Traders has no control over or responsibility for the truth or accuracy of any material available on the Forex Traders Website, whether provided by Members or others.

  • if any third party sites are linked to the Forex Traders Website, this does not mean that we endorse or have any responsibility for the site in question or anything which appears on it
  • you should exercise no lesser degree of caution in appraising what you see on the Forex Traders Website than you do offline
  • even though Members are prohibited from doing so, people may provide information, or otherwise behave, in a way that is unreliable, misleading or even illegal. Further, you should note that people may not necessarily be who they say they are
  • your use of the Forex Traders Website in entirely at your own risk

Accordingly, to the extent that the law permits, you release Forex Traders its directors, contractors and employees from all liability (including in relation to disputes with other Members) arising out of your use of a third party site or arising out of or in connection with the Forex Traders Website and the material included here by Members and other third parties.

16. Intellectual Property

You acknowledge that all copyright, trade marks, and other intellectual property rights in and relating to the Forex Traders Website, other than material which is contributed by Members, are owned by Trade Connexion Services Ltd. It is easy to copy material which appears on web-sites, but this does not mean it is legal. Therefore, no-one may copy, distribute, show in public or create any derivative work from the Forex Traders Website, or any of the material which is found on the Forex Traders Website, unless properly licensed to do so by (a) us, and (b) where material contributed by one or more Members is concerned, by the Member(s) in question. By submitting any material to the Forex Traders Website, you:

  • are representing that you are fully entitled to do so
  • grant us a non-exclusive, royalty-free, non-terminable licence to copy, modify, distribute, show in public and create derivative works from that material solely in the course of its processing and display on and through the Forex Traders Website and other websites operated by the Group, in accordance with this Agreement
  • authorise us to adapt the relevant material in the course of doing so, and so waive your moral rights to object to any derogatory treatment, or to be identified as the author, of the material in question.

17. Excluded loss

We will not be liable to you or any third party for any loss not reasonably foreseeable by us when this Agreement commences, for any indirect or consequential loss or damage, or for any loss of data, profit, revenue or business, howsoever caused (whether arising out of any negligence or breach of this Agreement or otherwise). Forex Traders will also not be liable for any failure to perform its obligations under this Agreement caused by matters beyond its reasonable control.

18. Non-excluded Liabilities

Nothing in this Agreement limits Forex Traders liability for death or personal injury resulting from our negligence, or any other liability which may not by law be excluded. Any statutory rights you may have as a consumer remain unaffected.

19. Indemnity

You agree to indemnify us against all liabilities, claims and expenses that may arise from any breach of this Agreement by you or through a machine on which you access the Forex Traders Website.

20. Warranty

The use of software and the Services is at your own risk. The Services are provided on an "as is" and "as available" basis. To the fullest extent possible at law, we give no warranty, express or implied, as to the quality, content and availability or fitness for a specific purpose of the Services.

21. Assignment

We reserve the right to assign this Agreement, and to assign or subcontract any or all of our rights and obligations under this Agreement. You may not without the written consent of Forex Traders assign or dispose of this Agreement.

22. Entire Agreement

Subject to clause 5, this agreement is the whole of the agreement between us and you concerning the Forex Traders Website and they replace all earlier agreements and understandings with you, except for any fraud or fraudulent representation by either of us. A person who is not a party to this Agreement has no right under the Contracts (Rights of Third Parties) Act 1999 to rely upon or enforce any term of this Agreement.

23. Changes to the Agreement

Forex Traders reserves the right to change the Agreement with its Members from time to time, and post the new version on the Forex Traders Website. When we do so, we notify Members of the fact that there are changed terms on the main screen. This Agreement, and any new version of it in the future, takes effect immediately. However, if you do not wish to be bound by the changes we make in this Agreement (or any new version of it), then you can choose instead to remain bound by the previous Terms and Conditions until:

  • your next Full Membership renewal, if you are a Full Member or
  • one month after the date when we post the new version if you are a Standard Member

24. Severability

In the event that any term of this Agreement is held to be invalid or unenforceable by judicial decree or decision, the remainder of this Agreement shall remain valid and enforceable.

25. Law

This Agreement shall be governed by and construed in accordance with the laws of England and Wales.

26. Keeping this Agreement

We don't separately file the individual Agreements entered into by Members when they register for the Forex Traders Website. You can access it at www.Forextraderscorp.com. Please make a durable copy of this Agreement by printing and/or saving a downloaded copy on your own computer.