Terms of Service

Last updated: January 1, 2024

1. Acceptance of Terms

By accessing and using the IOOEX platform ("Platform"), you accept and agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not access or use the Platform.

These Terms constitute a legally binding agreement between you and IOOEX ("we," "our," or "us"). We reserve the right to modify these Terms at any time, and such modifications shall be effective immediately upon posting.

2. Eligibility

To use our services, you must:

  • Be at least 18 years of age or the age of legal majority in your jurisdiction
  • Have the legal capacity to enter into binding agreements
  • Not be a resident of any restricted jurisdiction
  • Comply with all applicable laws and regulations
  • Complete our verification process (KYC/AML)

3. Account Registration

To access certain features of the Platform, you must register for an account. When registering, you agree to:

  • Provide accurate, current, and complete information
  • Maintain and promptly update your account information
  • Maintain the security of your password and account
  • Accept all risks of unauthorized access to your account
  • Notify us immediately of any unauthorized use of your account

You are responsible for all activities that occur under your account. We reserve the right to suspend or terminate accounts that violate these Terms.

4. Our Services

IOOEX provides an online trading platform that allows users to trade various financial instruments including, but not limited to:

  • Foreign exchange (Forex) currencies
  • Cryptocurrencies
  • Commodities
  • Indices
  • Stocks and equities

We reserve the right to modify, suspend, or discontinue any aspect of our services at any time without prior notice.

5. Fees and Charges

You agree to pay all fees and charges associated with your use of the Platform, including but not limited to:

  • Trading commissions and spreads
  • Deposit and withdrawal fees
  • Inactivity fees
  • Currency conversion fees
  • Overnight financing charges (swap rates)

Fee schedules are available on our Platform and may be updated from time to time. Continued use of the Platform after fee changes constitutes acceptance of the new fees.

6. Risk Disclosure

Trading in financial instruments involves significant risk and may not be suitable for all investors.

You acknowledge and agree that:

  • You may lose some or all of your invested capital
  • Past performance is not indicative of future results
  • Leveraged trading magnifies both gains and losses
  • Market conditions can change rapidly and unpredictably
  • You should only trade with funds you can afford to lose

We recommend seeking independent financial advice before engaging in trading activities.

7. Prohibited Activities

You agree not to engage in any of the following prohibited activities:

  • Violating any applicable laws or regulations
  • Engaging in market manipulation or fraudulent trading
  • Using the Platform for money laundering or terrorist financing
  • Attempting to gain unauthorized access to our systems
  • Using automated systems or software to extract data from the Platform
  • Interfering with other users' access to the Platform
  • Creating multiple accounts for abusive purposes

8. Intellectual Property

The Platform and its original content, features, and functionality are owned by IOOEX and are protected by international copyright, trademark, patent, trade secret, and other intellectual property laws.

You may not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store, or transmit any of the material on our Platform without our prior written consent.

9. Limitation of Liability

To the maximum extent permitted by applicable law, IOOEX shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to:

  • Loss of profits, data, or business opportunities
  • Personal injury or property damage
  • Any damages resulting from third-party conduct or content
  • Any damages resulting from unauthorized access to your account

In no event shall our aggregate liability exceed the amount of fees you have paid to us in the twelve (12) months preceding the claim.

10. Indemnification

You agree to defend, indemnify, and hold harmless IOOEX, its officers, directors, employees, and agents from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees arising out of or relating to:

  • Your violation of these Terms
  • Your use of the Platform
  • Your violation of any third-party rights
  • Any content you submit to the Platform

11. Termination

We may terminate or suspend your account and access to the Platform immediately, without prior notice or liability, for any reason, including without limitation if you breach these Terms.

Upon termination, your right to use the Platform will immediately cease. If you wish to terminate your account, you may simply discontinue using the Platform or contact us to request account closure.

12. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the Commonwealth of the Bahamas, without regard to its conflict of law provisions.

Any disputes arising under or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of the Bahamas.

13. Changes to Terms

We reserve the right to modify or replace these Terms at any time at our sole discretion. If a revision is material, we will try to provide at least 30 days' notice prior to any new terms taking effect.

By continuing to access or use our Platform after those revisions become effective, you agree to be bound by the revised terms.

14. Contact Us

If you have any questions about these Terms, please contact us:

IOOEX
Email: support@iooex.com
The Securities Commission of the Bahamas
Commonwealth of the Bahamas