Service Agreement
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1. Introduction and Scope
This Service Agreement ("Agreement") constitutes a legally binding contract between you ("Client", "you") and ON SPOT LLC GROUP ("Company", "we", "us"), the owner and operator of the Quotex platform. This Agreement governs your use of all services, products, and software provided through the Quotex website and its applications. By registering for an account and using our services, you acknowledge that you have read, understood, and agree to be bound by all terms and conditions contained herein.
2. Client Eligibility and Registration
To be eligible to use our services, you must be at least 18 years of age and of sound mind. You are not permitted to use our services if you reside in a jurisdiction where such services are prohibited, including but not limited to the USA, Canada, Hong Kong, EEA countries, Israel, and Russia. You agree to provide accurate, current, and complete information during the registration process and to keep this information updated.
3. Services Provided
The Company provides an online platform for trading digital options and other financial instruments. The services are provided on an "as is" and "as available" basis. We do not provide investment advice, financial recommendations, or portfolio management services. All trading decisions are made solely by you, and you are fully responsible for the outcomes of your trades.
4. Rights and Obligations of the Company
- The Company shall provide the Client with access to the trading platform.
- The Company reserves the right to suspend or terminate services, or block an account, if there is a suspected violation of this Agreement or any applicable law.
- The Company will take reasonable measures to protect Client data in accordance with our Privacy Policy.
- The Company is not liable for any losses resulting from market volatility, technical failures outside of its control, or the Client's trading decisions.
5. Rights and Obligations of the Client
- The Client agrees to use the platform only for lawful purposes.
- The Client is responsible for maintaining the confidentiality and security of their account credentials.
- The Client must conduct all financial operations in accordance with the Company's non-trading operations regulations.
- The Client acknowledges and accepts all potential financial risks as detailed in our Risk Disclosure statement.
- The Client agrees not to engage in any prohibited trading practices as defined in the Rules of Trading Operations.
6. Intellectual Property
All content, trademarks, software, and other intellectual property on the Quotex platform are the exclusive property of the Company. You are granted a limited, non-exclusive, non-transferable license to access and use the platform for personal, non-commercial purposes. You may not copy, modify, distribute, or create derivative works from our intellectual property.
7. Termination of Agreement
This Agreement can be terminated by either party. You may terminate this Agreement by closing your account and ceasing to use the services. The Company may terminate this Agreement and close your account at its discretion, particularly in cases of fraudulent activity, violation of terms, or legal requirements. Upon termination, any outstanding obligations of either party shall survive.
8. Governing Law and Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of St. Kitts and Nevis. Any disputes arising from this Agreement shall be resolved through negotiation. If a resolution cannot be reached, the dispute will be subject to the exclusive jurisdiction of the courts of St. Kitts and Nevis.
9. Amendments
The Company reserves the right to amend this Agreement at any time. We will provide notice of any material changes via email or a notification on the platform. Your continued use of the platform after such changes constitutes your acceptance of the new terms.