By utilizing this website, you agree to be bound by these terms and conditions. This is a legal agreement (“Agreement”) between you and FOX TRADING and its affiliated companies (collectively, “Company” or “we” or “us” or “our”) concerning your access to and use of the website, data, FOX TRADING Platform and its services, as well as FOX TRADING mobile application or other media channel.
FOX TRADING clearly states for its customers that trading all types of financial instruments as forex or cryptocurrencies have very high risks associated. The following Terms and Conditions must be read, understood and accepted, even if professional advisory is needed, before subscribing to any of the offered services in our website https://foxtrading.io
FOX TRADING through its services offers its customers the chance to increase the understanding they have about the nature and development of financial markets, and cannot in any circumstances be regarded as financial advisory. Those services included but are not limited to written trading signals, periodical market reviews, broadcasting of charts, webinars and other educational tools.
FOX TRADING states for its customers that written trading signals are only constitute an indication of a trading scenario where statistical analysis indicates a higher winning probability; and we assume that they cannot be followed without further analysis. FOX TRADING, its representatives and providers clearly states that responsibilities on damages due to trading with the provided written signals cannot be claimed by its customers.
Trading experience depends on traders abilities such as education, emotional self-restriction and training, so FOX TRADING customers must be aware that success on their performance may be subject to elements as market conditions, working hours applied for trading, the number of tradable pairs made available by the respective broker, internet and other technical functioning, price execution, among others.
FOX TRADING suggests to its customers to be aware of their investment availability, the associated risks and their potential emotional consequences before deciding the use of our services. Customers must not invest money that they cannot afford to lose. Of course, this does not mean in any case that FOX TRADING must provide them or any type of financial advisory service. Risk management is a customer responsibility.
Information provided by Third Parties
FOX TRADING could use for advertisement purposes any trading results performed by any market analyst on a case study. FOX TRADING informs its customers that previous results do not indicate how future results are going to be. Customers of FOX TRADING must already know that individual performance can be severely affected by many different elements. FOX TRADING, its representatives and providers clearly states that any liability for damages resulting from reliance on any marketing campaign will not be taken. Customers must look for professional and independent advisory if they need it before purchasing any of our services. FOX TRADING state for its customers that any registered user agrees with the divulgation of their trading results for marketing purposes. FOX TRADING, its representatives and providers will not take any responsibility on damages resulting from reliance on data accuracy when this data comes from customers and/or expectations of having similar results.
FOX TRADING does not recommend investing via forex or cryptocurrency or any other financial instrument, FOX TRADING only provides with a platform that can be set up to use the FOX TRADING software/algorithm.
Subscription and Cancellation
The subscription requires the FOXT token purchase, as they are needed to have access to the platform. The user will choose a monthly or annual subscription related to FOXT purchase. This purchase has to be done through the exchanges available. Both subscriptions would be made manually by the user, there is no refund or cancellation possible, if the month or year is paid, no refund will be made. As we said, the subscription will be made manually by the user, so if they do not want to keep with it, the user should not subscribe for the next period, that means not buying the FOXT tokens needed to fuel the platform and its services.
FOX TRADING excludes total or partial refund possibility under any circumstance, so customers must explicitly agree on not claiming anything. When a customer accepts these Terms and Conditions explicitly recognize that FOX TRADING provide him with a service, and dissatisfaction with it is not a valid reason to obtain a reimbursement of the paid fees. Other reasons that will be automatically excluded are: (a) related to the risk management lines and the unsuccessful results; (b) undiligent follow-up of the written signals and/or of the price levels provided live by FOX TRADING; (c) disagreement respect to the relation success rate reached/written signals provided on the Table; (d) dissatisfaction with the broker, even if this broker was recommended on our website, and including his performance on the trading platform and/or the refusal of withdrawal requests by the customer. When any technical failure of the Site leads to an unfortunate trading performance for the customers, FOX TRADING could extend discretionally the paid license for a proportional and reasonable time of period after a request made by the unsatisfied customer.
Our website offers a service for the management of the personal account, but this service must not be understood as a financial or trading advisory service. FOX TRADING, its representatives and providers clearly states that any liability for damages due to the interactions with personal account managers or provided by our agents or employees it is not our responsibility.
No Guarantees of profit: There are no guarantees of profit nor of avoiding losses when trading in forex or cryptocurrency markets. You have received no such guarantees from FOX TRADING or from any of its representatives. You are aware of the risks inherent in trading and you are financially able to bear such risks and withstand any losses incurred.
When FOX TRADING provides information regarding the brokers is in good faith and only must be intended as courtesy, because FOX TRADING is not responsible for the services they provide to its customers and will remain neutral in case of disagreements that may come between the parties. FOX TRADING will not take responsibility regarding the legality of the services and/or information provided by brokers, so any damage resulting from any dishonest, unethical and/or criminal practice by any broker are off FOX TRADING liability. These practices include price manipulation, denial of withdrawal requests, or any other incorrect behaviour.
Automatic Trading Systems
FOX TRADING offers a possibility to use Autotrading platforms to copy same signals that we send to the website. FOX TRADING is not responsible for any malfunctions, differences in results, possible delays or variations in the price of each broker. The Autotrading system is just a tool to execute orders when these are executed in our system. The user is responsible for the correct configuration and running. Any loss on users account cannot be the responsibility of FOX TRADING, is only responsibility of each user that have been running the system. The automatic trading needs to be able to face possible losses to generate a long-term benefit.
Malfunction and Third Parties
FOX TRADING informs to its customers that many interrelated systems such as hardware, software, telephone, cable, and power generation, are involved in online trading activities, so they’re subject to failures or malfunctioning which impacts the performance of our services.
FOX TRADING keeps the rights to outsource the technical facilities to third parties including those related to the trading platform required to run automated systems, prices provision and/or any other software to allow manual trading replication.
FOX TRADING, its representatives and providers will not take responsibilities on any liability for damages resulting from the malfunctioning of internet, computing systems, softwares, trading platforms and/or any technical facility, either operated by FOX TRADING or outsourced onto third parties.
This TERMS AND CONDITIONS and RISK DISCLOSURE
may not include all the risks and other elements that may be present on financial trading and investments.
Compliance with Local Laws
It is the user sole responsibility to abide by local laws in relation to FOX TRADING legal usage according to their local jurisdiction. The user must also factor, to the extent of their local law all aspects of taxation, withholding, collection, reporting and remittance to their appropriate tax authorities. Every FOX TRADING user acknowledge and declare that the source of their funds come from a legitimate manner and are not derived from any illegal activity. FOX TRADING maintains a stance of cooperation with law enforcement authorities globally and will not hesitate to seize, freeze, terminate the account and funds of Users which are flagged out or investigated by legal mandate.
Fox Trading is developing a global platform based on the Ethereum Blockchain where
it is possible that certain jurisdictions will apply existing regulations on, or introduce
new regulations, which may be contrary to the current setup of the smart contract
and which may result in substantial modifications to the smart contract and/or the
Fox Trading Platform.
Regulation of proposed activities of the Fox Trading is currently uncertain and there
are not only disparities in lending regulatory frameworks in different countries but
also, may be distinctions within the same country. Fox Trading, in its capacity as
intermediary, is not responsible for the activity that its users perform among
There is no country restriction for our free services, however, to have access to the payment services it is compulsory to have a verified account through our KYC (see more details below) the access will be restricted to some countries or states depending on the new regulations or law modifications (E.g. the New York state citizens cannot have access to any of the payment services).
Due to the lack of specific cryptocurrencies regulation, the agreement between the
users and the company would be conducted on the basis on contract civil law.
Protecting the privacy of Users is a critical element for Fox Trading.
The General Data Protection Regulation (GDPR) demands greater accountability and
transparency from organisations in how they personal information is collected,
processed and stored, Fox Trading is developing its own privacy compliance
framework to provide a structure for managing personal data we can use to comply
with the GDPR. Read more here
Any amounts that you pay for FOXT Tokens are exclusive of all applicable taxes. You
are responsible for determining what, if any, taxes apply to your purchase of Tokens
or to any other action or transaction related to the Fox Trading Platform. It is also your
solely responsibility to withhold, collect, report and remit the correct taxes to the
appropriate tax authorities in such jurisdiction(s) in which you may be able to pay
AML & KYC Policy
FOX TRADING (the “Company” or “we” or “us” or “our”) has established an Anti‐Money Laundering and Know Your Customer Policy (the “AML & KYC Policy”), in an attempt to maintain the best compliance practices in conjunction with applicable laws and regulations relating to anti‐money laundering in all countries where we operate.
We are neither a financial institution nor a financial intermediary. FOX TRADING is committed to operating in transparent compliance with the law of Spain. We shall conduct On-boarding KYC (know your customer) compliance through the company Sum And Substance Ltd (https://sumsub.com/), also to verify that the user who wants to open an account or purchase tokens through the website does not belong to any of our restricted countries.
Customer’s identity and place of residence need to be verified and checked against sanctions and watch lists, including Politically Exposed Persons list (“PEP”).
Contributions will be converted to FIAT when needed. This being the case, it is vital for Fox Trading to be able to demonstrate that we are compliant with anti-money laundering and counter financing of terrorism regulations. The interaction with contractors who are ruled in their work by KYC demands could imply the disclosure of Users KYC information.
FOX TRADING believes that the legitimate use of cryptocurrencies provide enormous benefits and efficiencies to the global economy. However, FOX TRADING knows the risk of illegal uses that these digital currencies and payment systems carry. It is FOX TRADING’s policy to comply with pertinent laws and regulations regarding AML. FOX TRADING will work to detect and prevent the use of its Service for any illegal activities such money laundering, or criminal and terrorists activities. Although FOX TRADING is committed to protect the privacy of each user, it will not allow that anyone use its services to launder money, finance terrorist activities, commit fraud or any other illegal movement. While FOX TRADING cannot be considered as financial institution and does not fall within the scope of some regulations, FOX TRADING AML Policy is designed by meeting the European standards.
We uses customer transaction monitoring as a suspicious activity detection tool. If a transaction is unusual or different as previous user activities or transactions, it may be considered suspicious and will be analysed to make the corresponding actions. We ensure that all suspicious transactions are going to be reported to the proper law enforcement.