These Terms and Conditions govern your use of Unifunds’(the "Company", "we" or "our") Website and all platforms, products and services (collectively the "Services") available on this Website.
The Company is engaged in the operation of an online system that facilitates the execution of certain trading transactions by using various platforms. These Terms and Conditions apply to our Website and the electronic content and/or platforms currently contained in the Website, which supplies you with real-time financial and market information, and any other features, content or services that the Company may add in the future.
Your continued use of our Website and Services constitutes your agreement to all terms, conditions and notices, and any changes to the Terms and Conditions. If you disagree with these Terms and Conditions, or any part of these Terms and Conditions, you must stop using the Website and our Services.
By registering with the Company or by using the Company’s trading services, you agree to be bound by this agreement in its entirety and without reservation. As such, this agreement constitutes a binding legal document between you and Unifunds.
By registering with the Company, you warrant and represent that (a) All information you submit is truthful, accurate, current and complete; (b) You will maintain the accuracy of such information; (c) You are of legal age or older; and (d) Your use of the Company’s trading services does not violate any applicable law or regulation or any obligation you may have to a third party.
You must be at least 18 years of age to use this Website and our Services. By continuing to use this Website, and by agreeing to the Terms and Conditions, you warrant and represent that you are at least 18 years of age.
Upon your registration, the Company shall set up an account in your name and ownership. The account and other relevant details shall be in accordance with the information provided by you, as shall be required from the Company from time to time.
You must ensure that the information provided by yourself is complete, current, true and accurate. It is hereby clarified that the provision of misleading information may be regarded as an offence and shall entail immediate cessation of activities in your account or its immediate closure.
You acknowledge that you are solely responsible and personally liable for any and all actions and orders to be executed in your account, including the settlement of any transaction, whether performed by you in person, any member of your family, any other third party who have gained access to your account, or by your agent or attorney of the Company’s employees carrying out your orders. You further agree that neither the Company nor its employees or anyone on its behalf shall be liable in any way to the outcomes or consequences of such actions and/or orders.
You are responsible for ensuring that you and you alone shall control access to your account, and that no minors are granted access to trading on the Website or Services. You remain fully liable for any and all positions traded on your account, and hereby indemnify the Company in respect to all costs and losses of any kind, as may be incurred by the Company as a result, direct or indirect, of your failure to perform or settle such a transaction.
By accepting all of the Terms and Conditions, you hereby authorize and empower Unifunds to carry out orders and activities in accordance with your instructions, until notice contrary to the effect shall be received from you by the Company.
Unifunds reserves the right to refuse or cancel services, and /or refuse to distribute profits to any client for legitimate reasons, including, without limitation:
- If the Company has reason to believe that a client’s activities on the Website may be illegal, unlawful or fraudulent;
- If the Company may be harmed by any fiscal or pecuniary damage due to anyone’s activities; and
- If the Company consider that one or more operations on the Website were made in violation of this agreement.
In the case of abuse or manipulation of our Website and Services, the Company may at our sole discretion take any measures we deem fit and appropriate under the said circumstances.
The Company also reserves the right to suspend the operation of this Website or sections thereof under the following circumstances:
- When, as a result of political, economic, military, monetary events that include unusual market volatility or illiquidity, or any circumstances outside the control, responsibility and power of Unifunds, the continued operation of this Website and our Services shall not be reasonably practicable without materially and adversely affecting and prejudicing your interests of the Company; and
- When there is a breakdown in the means of communication normally employed in determining the value of any trades or where the value of any trades cannot be promptly or accurately ascertained.
Under such circumstances, the Company may at our sole discretion close out your open trades at values we consider fair and reasonable at such a time, and no claims may be entertained against the Company in connection thereto.
Unifunds allows deposits and withdrawals of Bitcoin in your account(s). The Company is not a Bitcoin exchange, Bitcoin wallet or a place to purchase or sell Bitcoin. Our Services in regards to Bitcoin are only available for trading transactions. Any and all Bitcoin transactions are handled by the Bitcoin network, which is outside the control of Unifunds.
Once submitted to the Bitcoin network, a Bitcoin transaction will be unconfirmed for a period of time, pending sufficient confirmation of the transaction by the Bitcoin network. A transaction is not complete while it is in a pending state. Bitcoin associated with transactions that are in a pending state will be designated accordingly, and will not be included in your account(s) balance or be available to conduct transactions.
You acknowledge and agree that the transaction requests you submit through our Services may not be completed, or may be substantially delayed, by the Bitcoin network. When you complete a transaction request through our Services, you authorise us to submit your transaction request to the Bitcoin network in accordance with the instructions you provide through our Services.
The Company will process the Bitcoin transactions as per your instructions and we do not guarantee the identity of any user, receiver or other party in the deposit and withdrawal of Bitcoin. A Bitcoin deposit or withdrawal to an address that is not owned by you, is fully at your own risk. You should verify all transaction information prior to submitting instructions to Unifunds, and agree that Unifunds is not responsible for any errors or omissions that you make in connection with any Bitcoin transaction initiated through our Services.
The Company reserves the right to refuse to process or cancel any pending Bitcoin transaction as required by law or in response to a subpoena, court order or other binding government order. Unifunds cannot reverse a Bitcoin transaction that has been submitted and confirmed by the Bitcoin network.
The risk of loss in trading and holding Bitcoin can be substantial. The price or value of Bitcoin can change rapidly, decrease, and potentially even fall to zero. You should therefore carefully consider whether trading or holding Bitcoin is suitable for you and your financial situation.
By continuing to use our Services, you acknowledge that you fully understand the risks of depositing and withdrawing in Bitcoin. You further acknowledge that you will not hold Unifunds responsible or accountable for any loss of Bitcoin resulting from theft, loss or mishandling of Bitcoin private keys outside our control.
Money laundering is the act of converting money or other monetary instruments gained from illegal activity into money or investments that appear to be legitimate, so that any illegal source cannot be traced. Domestic and international laws that apply to companies, whose clients can deposit and withdraw funds from their accounts, make it illegal for Unifunds to knowingly engage, or attempt to engage in a monetary transaction of criminally derived property.
You shall not abuse this Website or its Services for the purpose of money laundering. Unifunds is committed to the highest and strictest standards of the Anti-Money Laundering (AML) compliance. The Company has the right to refuse to do business with, to discontinue to do business with, and to reverse the transactions of, clients who do not accept or adhere to these anti-money laundering processes.
You hereby warrant and undertake that all details provided by you to the Company are true, complete and accurate, and that you are an adult over the age of 18, or are of minimum legal age in your country of residence, so that you may be legally bound by these Terms and Conditions. The Company may, from time to time, at its sole discretion, require you to provide proof of identity, and may at our sole discretion, suspend an account until such proof has been provided to our satisfaction.
You acknowledge that it is your sole obligation to ensure that you fully comply with any laws, regulations or directives, relevant to your country of residence with regards to money laundering. You also warrant that all funds to be deposited by you in your account from time to time are of legal origin, are not the proceeds of crime, including but not limited to, proceeds of drugs trafficking or dealings in other prohibited substances or proceeds of illegal arms trades, illegal gambling, prostitution, terror funds and any other illegal crimes or terrorist activities.
Unifunds requires that all deposits, where the name of the originating client is present, come from the name of the person matching the name of the client in our records. Third party payments are not accepted.
If the deposit was made by wire transfer, funds may be withdrawn only by wire transfer to the same bank and to the same account from which it originated. If the deposit was made by means of electronic currency transfer, funds may be withdrawn only by the means of electronic currency transfer through the same system and to the same account from which it originated.
As for withdrawals, money may be withdrawn from the same account, in the same manner in which it was received. For withdrawals where the name of the recipient is present, the name must exactly match the name of the client in our records.
In order to minimize the risk of money laundering and financing terrorist activities, Unifunds neither accepts cash deposits nor disburses cash under any circumstances. Unifunds reserves the right to refuse to process a transfer at any stage, where it believes the transfer to be connected in any way to money laundering or criminal activity. For the avoidance of any doubt, the Company may detain or postpone payments for a set period of time at our own discretion.
It is forbidden for the Company to inform clients that they have been reported for suspicious activity.
Trading is highly speculative. It carries a high level of risk and may not be suitable for all investors. You may lose some or all of your invested capital, therefore we advise you against trading capital that you cannot afford to lose. You should be aware of all the risk associated with trading or investing, and solicit advice from an independent financial advisor in case of any doubts.
Unifunds hereby warrants and undertakes that neither at present, nor in the future, shall it provide any trading advice for any purpose whatsoever. To remove any doubts, information given on the Website by the Company related to its Services is not intended to be used as trading advice.
The Company does not accept any liability for loss or damage as a result of reliance on the information contained within this Website. This includes education materials, price quotes, charts, analysis, and any other information or data. Prices may be different from exchange prices and may not be accurate to real time exchange trading prices.
Unifunds grants you a non-exclusive, non-transferable and limited personal license to access and use the Website (the "License"). The License is conditioned on your continued compliance with the Terms and Conditions of this agreement.
You may view, download for caching purposes only, and print pages or other content from the Website for your own personal use, subject to the restrictions set out in these Terms and Conditions.
You agree not to resell or permit access of the Website to others, and not to copy, duplicate, reproduce, republish or exploit any materials appearing on the Website for resale, for commercial purposes or for any other purpose to others without the prior written consent of the Company.
You agree to use all the information received from Unifunds and its Website for the sole purpose of executing transactions inside and within the Website.
You further agree to not use this Website and its Services for any illegal, abusive, intrusive, obscene, threatening or hateful purposes, as well as harassing or infringing the rights of any person anywhere in the world. Such violations also include, but are not limited to, practices of arbitrage, range trading, and abuse of cancel feature.
If any such violation occurs, you agree that Unifunds, at its sole discretion and with or without notice, may terminate your access to any or all Services, close any open transaction, and remove any information or content within a Service.
You must not use this Website in any way that causes, or may cause, damage to the Website or impairment of the availability or accessibility of the Website; or in any way which is unlawful, illegal, fraudulent or harmful, or in connection with any unlawful, illegal, fraudulent or harmful purpose or activity.
You must use this Website to copy, store, host, transmit, send, use, publish or distribute any material which consists or is linked to any spyware, computer virus, Trojan horse, worm, keystroke logger, rootkit or any other malicious computer software.
You must not conduct any systematic or automated data collection activities, including, and without limitation, scraping, data mining, data extraction and data harvesting, on or in relation to this Website without the express written consent of Unifunds.
Any use by you of the Company’s Website and Services is at your own risk. Our Website, Services and platforms are provided ‘as is’ without warranty or representation of any kind by the Company.
The Company does not warrant that the functions contained in the Services and platforms will meet any requirements or needs you may have, or that they will operate error-free, or in an uninterrupted fashion, or that any defects of errors in the Services will be corrected, or that the Services is compatible with any particular platform.
Without prejudice to any other terms of these Terms, the Company will not be liable for:
- Systems errors (Company’s or service providers)
- Unauthorized use
- For any act taken by or on the instruction of a market, clearing house or authoritative body.
We shall not be liable to you for any partial or non-performance of our obligations hereunder by reason of any cause beyond reasonable control of the Company, including without limitation any breakdown, delay, malfunction or failure of transmission, communication or computer facilities, industrial action, act of terrorism, act of God, acts and regulations of any governmental or supra national bodies or authorities or the failure by the relevant intermediate broker or agent, agent or principal of the Company’s custodian, sub-custodian, dealer, market or clearing house, for any reason, to perform its obligations.
Limitation of Liability
In no event shall the Company, its officers, directors or employees be liable to you or any third party for any incidental or consequential damages, including without limitation indirect, special, punitive or exemplary damages for loss of business, loss of profits, business interruption or loss of business information, arising out of the use of or inability to use the Services, or for any claim by any other party, even if the Company has been advised of the possibility of such damages.
Modifications and Amendments
The Company reserves the right to suspend, modify, remove or add to the Website, the Company’s platform or the Services in its sole discretion with immediate effect and without notice. Unifunds shall not be liable for any loss suffered by you resulting from any changes made and you shall have no claims against the Company in such regard.
We reserve the right to make any changes to our Terms and Conditions at any time without notice. Any amendment shall come into force as of the day it was published on this page, and you hereby agree to conform to the current version as published in this site.