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Terms of Use

Last Updated: January 15, 2025

These Terms of Use ("Terms") govern your access to and use of orbits8's website, trading platform, and related services ("Services"). By accessing or using our Services, you agree to be bound by these Terms.

1. Acceptance of Terms

By accessing or using our Services, you confirm that:

  • You are at least 18 years old and legally competent to enter into agreements
  • You have read, understood, and agree to be bound by these Terms
  • You comply with all applicable laws and regulations in your jurisdiction
  • You are not a resident of any restricted or sanctioned country

If you do not agree to these Terms, you must immediately cease using our Services.

2. Account Registration

2.1 Account Creation

To access certain Services, you must register for an account by providing accurate and complete information. You agree to:

  • Provide true, current, and complete information during registration
  • Maintain and promptly update your account information
  • Not create multiple accounts without our permission
  • Not transfer or sell your account to another party

2.2 Account Security

You are responsible for:

  • Maintaining the confidentiality of your login credentials
  • All activities that occur under your account
  • Immediately notifying us of any unauthorized use of your account

We reserve the right to suspend or terminate accounts that show signs of compromise.

3. Permitted Use

You may use our Services only for lawful purposes and in accordance with these Terms. You agree not to:

  • Use our Services in any way that violates applicable laws
  • Engage in market manipulation or abusive trading practices
  • Reverse engineer, decompile, or disassemble any part of our platform
  • Use automated systems (bots, spiders, etc.) without our prior written consent
  • Interfere with or disrupt the integrity or performance of our Services
  • Attempt to gain unauthorized access to our systems or other accounts

4. Intellectual Property

4.1 Ownership

All content, features, and functionality on our platform, including:

  • Software, algorithms, and trading tools
  • Text, graphics, logos, and images
  • Trademarks and service marks

are owned by us or our licensors and are protected by intellectual property laws.

4.2 Limited License

We grant you a limited, non-exclusive, non-transferable license to:

  • Access and use our Services for personal, non-commercial purposes
  • Download or print content for your personal reference

This license does not permit republication, distribution, or creation of derivative works.

5. Trading Risks

5.1 Financial Risks

Trading financial instruments involves substantial risk, including:

  • Potential loss of your entire investment
  • Rapid price fluctuations due to market volatility
  • Leverage magnifying both gains and losses

5.2 No Guarantees

We do not:

  • Guarantee profits or freedom from loss
  • Provide investment advice or recommendations
  • Assume responsibility for your trading decisions

You alone are responsible for assessing the risks of each trade.

6. Fees & Payments

6.1 Applicable Fees

Our Services may involve various fees including:

  • Spreads between bid/ask prices
  • Commissions on certain instruments
  • Overnight financing charges
  • Inactivity fees after 12 months
  • Withdrawal processing fees

Current fees are detailed in our Fees Schedule.

6.2 Payment Obligations

You agree to:

  • Pay all applicable fees promptly
  • Maintain sufficient funds to cover margin requirements
  • Be responsible for any chargebacks or payment reversals

7. Prohibited Activities

You must not use our Services to:

  • Engage in illegal activities or facilitate criminal acts
  • Launder money or finance terrorism
  • Circumvent sanctions or trade embargoes
  • Manipulate markets or engage in insider trading
  • Harass, threaten, or defraud others
  • Spread malware or conduct cyber attacks
  • Violate the intellectual property rights of others

We reserve the right to investigate and prosecute violations to the fullest extent of the law.

8. Termination

8.1 By You

You may close your account at any time by submitting a request through our platform. Outstanding obligations must be settled before closure.

8.2 By Us

We may suspend or terminate your access to our Services:

  • For violation of these Terms
  • If required by law or regulatory authority
  • For prolonged inactivity (typically 24+ months)
  • If we discontinue the Services

We will provide notice where reasonably possible.

9. Disclaimers

OUR SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND. WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING:

  • WARRANTIES OF MERCHANTABILITY
  • FITNESS FOR A PARTICULAR PURPOSE
  • NON-INFRINGEMENT
  • ACCURACY OR RELIABILITY OF INFORMATION
  • UNINTERRUPTED OR ERROR-FREE OPERATION

We do not warrant that our Services will meet your requirements or be available at all times.

10. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE SHALL NOT BE LIABLE FOR:

  • ANY DIRECT, INDIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES
  • LOSS OF PROFITS, REVENUE, OR DATA
  • TRADING LOSSES OR MARKET MOVEMENTS
  • UNAUTHORIZED ACCESS TO OR ALTERATION OF YOUR TRANSMISSIONS
  • STATEMENTS OR CONDUCT OF ANY THIRD PARTY

Our total liability for any claims under these Terms shall not exceed the fees you paid to us in the prior 12 months.

11. Indemnification

You agree to defend, indemnify, and hold harmless orbits8 and its affiliates from and against any claims, liabilities, damages, and expenses (including legal fees) arising from:

  • Your use of our Services
  • Your violation of these Terms
  • Your infringement of any third-party rights
  • Any fraudulent or illegal activity conducted through your account

12. Governing Law

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

Any disputes arising under these Terms shall be resolved through binding arbitration in London under the rules of the Financial Conduct Authority. Judgment on the award may be entered in any court having jurisdiction.

13. Changes to Terms

We may modify these Terms at any time by posting the revised version on our website. Material changes will be communicated to active users via email or platform notification.

Your continued use of our Services after changes become effective constitutes acceptance of the modified Terms. If you disagree with changes, you must stop using our Services.

14. Miscellaneous

14.1 Entire Agreement

These Terms, together with our Privacy Policy and Client Agreement, constitute the entire agreement between you and orbits8 regarding our Services.

14.2 Severability

If any provision of these Terms is found invalid or unenforceable, the remaining provisions will remain in full force and effect.

14.3 No Waiver

Our failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.

14.4 Contact Information

orbits8 Ltd
123 Financial District
London, EC2N 1HN, UK
Email: legal@orbits8.com

By using our website and services, you acknowledge you have read, understood, and agree to be bound by these Terms of Use.

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