Terms & Conditions

Terms and Conditions

Last updated: March 2nd, 2021

Please read these terms and conditions carefully before using Our Service.

Interpretation and Definitions

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of these Terms and Conditions:

  • Affiliate means an entity that controls, is controlled by or is under common control with a party, where “control” means ownership of 50% or more of the shares, equity interest or other securities entitled to vote for election of directors or other managing authority.
  • User means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.
  • Country refers to: St. Vincent & Grenadines
  • Company (referred to as either “the Company”, “We”, “Us” or “Our” in this Agreement) refers to Foredge LLC , Hinds Building, Kingstown, St Vincent and the Grenadines. .
  • Device means any device that can access the Service such as a computer, a cellphone or a digital tablet.
  • Service refers to the Website.
  • Terms and Conditions (also referred as “Terms”) mean these Terms and Conditions that form the entire agreement between The User and the Company regarding the use of the Service. This Terms and Conditions agreement has been created with the help of the Terms and Conditions Generator.
  • Third-party Social Media Service means any services or content (including data, information, products or services) provided by a third-party that may be displayed, included or made available by the Service.
  • Website refers to Forex Trading Elite , accessible from www.forextradingelite.com 

Acknowledgment

These are the Terms and Conditions governing the use of this Service and the agreement that operates between you, the User and the Company. These Terms and Conditions set out the rights and obligations of all Users regarding the use of the Service.

Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms and Conditions. These Terms and Conditions apply to all visitors, users and others who access or use the Service.

By accessing or using the Service, you agree to be bound by these Terms and Conditions. If you disagree with any part of these Terms and Conditions then you may not access the Service.

You represent that you are over the age of 18. The Company does not permit those under 18 to use the Service.

Your access to and use of the Service is also conditioned on your acceptance of and compliance with the Privacy Policy of the Company. Our Privacy Policy describes our policies and procedures on the collection, use and disclosure of your personal information when you use the Application or the Website and tells you about your privacy rights and how the law protects you. Please read Our Privacy Policy carefully before using Our Service.

Services Provided

The Company provides software development, research and development outsourcing, cryptographic token issuance and fundraising activities. 

The Company provides its software as a service and the software is managed entirely by the Company. The User in no way manages, install, or receives the software. The Company is responsible for setting up the Users VPS Server and Trading Bot. The Users are responsible for e-mailing the Company with their Live trading Account Credentials. 

The User is responsible for opening their Broker Account and topping up their own funds for trading. The User is responsible for all payment of taxes. The Company is not a Forex Broker and does not collect funds from users or handle User funds for the purpose of trading. The Company does not provide financial advice, tax advice nor does the Company make any guarantee to the Users entering into agreement with any third party broker (“Third Party Broker”).

Links to Other Websites

Our Service may contain links to third-party web sites or services that are not owned or controlled by the Company.

The Company has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. The User further acknowledge and agree that the Company shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through any such web sites or services.

We strongly advise you  to read the terms and conditions and privacy policies of any third-party web sites or services that you, the User visit.

Third Party Application

Forex Trading Elite accepts no obligation with respect to, nor assume any responsibility for, the performance of any service provided by a Third Party Broker or services the User shall use at your own risk. With respect services provided by any Third Party Broker, Forex Trading Elite: (a) Make no warranty or representation of any kind, whether expressed or implied (b) Disclaim any responsibility or obligation as to their merchantability or fitness for any purpose (c) Disclaim any responsibility and shall not be liable for any damage that may be suffered by your, including loss of funds, data or service interruptions as a result of their use; (d) Disclaim any responsibility for the accuracy, quality or completeness of any information (facts, analysis, recommendations or other opinions) obtained from or through a Third Party Broker (e) Disclaim any responsibility efficiency or availability between the Third Party Broker and the User; (f) Neither give any undertaking nor make any warranty representation that any indications of past or future performance provided by a Third Party Broker can be, or would have been, achieved through the use of the Website; and (g) Neither give any undertaking nor make any warranty or representation that any investment performance that may be achieved with or through a Third Party Broker can or shall be achieved through the use of the Website. The provisions of clause (Third Party Applications) shall apply irrespective of whether or not Forex Trading Elite (or its affiliates offer, promote or endorse to you the Third Party Broker.

Payment Details

Upon the User agreeing to the terms and conditions and subscribing to the use of the software via the Website, the User is required to pay US$200 representing the management fee, along with an annual license in the sum of US$2,999.  The User agrees to pay a monthly payment of US$200. representing client ongoing fees.  It is required that the Client shall give one (1) months’ notice to terminate the terms of the contract between the Client and the Company. All amounts due and owing inclusive of the month of such notice is payable to Forex Trading Elite. The Company shall provide the User with an invoice at the end of each week, the said invoice represent 18% of the total gross profit achieved by the Companies Trading Bot. Each invoice shall be paid in accordance with the terms specified on the said invoice and all late payment of invoices shall be subject to 10% per month of the amount due on such invoice. All payments shall be made in cryptocurrency (bitcoin and ethereum. Forex Trading Elite has a strict no refund policy.

Termination

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

Upon termination, your right to use the Service will cease immediately.

Limitation of Liability

Notwithstanding any damages that you might incur, the entire liability of the Company and any of its suppliers under any provision of this Terms and Your exclusive remedy for all of the foregoing shall be limited to the amount actually paid by you through the Service or 100 USD if you have not purchased anything through the Service.

To the maximum extent permitted by applicable law, in no event shall the Company or its suppliers be liable for any special, incidental, indirect, or consequential damages whatsoever (including, but not limited to, damages for loss of profits, loss of data or other information, for business interruption, for personal injury, loss of privacy arising out of or in any way related to the use of or inability to use the Service, third-party software and/or third-party hardware used with the Service, or otherwise in connection with any provision of this Terms), even if the Company or any supplier has been advised of the possibility of such damages and even if the remedy fails of its essential purpose.

Some states do not allow the exclusion of implied warranties or limitation of liability for incidental or consequential damages, which means that some of the above limitations may not apply. In these states, each party’s liability will be limited to the greatest extent permitted by law.

Support Services

All support services are provided through a ticketing system on the Website, through the Client Account Portal |  https//forextradingelite.com/cp

“AS IS” and “AS AVAILABLE” Disclaimer

The Service is provided to the User “AS IS” and “AS AVAILABLE” and with all faults and defects without warranty of any kind. To the maximum extent permitted under applicable law, the Company, on its own behalf and on behalf of its Affiliates and its and their respective licensors and service providers, expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the Service, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and warranties that may arise out of course of dealing, course of performance, usage or trade practice. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the Service will meet your requirements, achieve any intended results, be compatible or work with any other software, applications, systems or services, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.

Without limiting the foregoing, neither the Company nor any of the company’s provider makes any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Service, or the information, content, and materials or products included thereon; (ii) that the Service will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Service; or (iv) that the Service, its servers, the content, or e-mails sent from or on behalf of the Company are free of viruses, scripts, trojan horses, worms, malware, timebombs or other harmful components.

Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights of a consumer, so some or all of the above exclusions and limitations may not apply to you. But in such a case the exclusions and limitations set forth in this section shall be applied to the greatest extent enforceable under applicable law.

Governing Law

The laws of the Country, excluding its conflicts of law rules, shall govern this Terms and your use of the Service. Your use of the Application may also be subject to other local, state, national, or international laws.

Disputes Resolution

If you have any concern or dispute about the Service, you agree to first try to resolve the dispute informally by contacting the Company.

For European Union (EU) Users

If you are a European Union consumer, you will benefit from any mandatory provisions of the law of the country in which you are resident in.

United States Legal Compliance

You represent and warrant that (i) You are not located in a country that is subject to the United States government embargo, or that has been designated by the United States government as a “terrorist supporting” country, and (ii) You are not listed on any United States government list of prohibited or restricted parties.

Severability and Waiver

Severability

If any provision of these Terms is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions will continue in full force and effect.

Waiver

Except as provided herein, the failure to exercise a right or to require performance of an obligation under this Terms shall not effect a party’s ability to exercise such right or require such performance at any time thereafter nor shall be the waiver of a breach constitute a waiver of any subsequent breach.

Translation Interpretation

These Terms and Conditions may have been translated if we have made them available to you on our Service. You agree that the original English text shall prevail in the case of a dispute.

Changes to These Terms and Conditions

We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material, we will make reasonable efforts to provide at least 30 days’ notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.

By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, in whole or in part, please stop using the website and the Service.

Contact Us

If you have any questions about these Terms and Conditions, you can contact us: