This legal disclaimer applies to the use of www.ftdsystem.com and its related services.
Jurisdictional Disclaimer
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1 - Speculative Trading Is Not Suitable For All Investors
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
Decisions to buy, sell, hold or trade in securities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of “Day Trading” involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in the light of your financial condition and ability to bear financial risks.
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2 - There Are No Representations or Warranties
Any fact, assessment, analysis, forecasts, opinion and other information (collectively “Information”) released by FTD Limited whether provided on the FTD Limited’s website, on third party websites, in marketing materials, newsletters, in individual e-mails and letters, individual conversations or in any other form of written or verbal communication (collectively “Publications”) are provided for informational and/or marketing purposes only.
FTD Limited uses reasonable efforts to obtain information from reliable sources, but all Publications are provided on an “as is” basis without representation or warranty of any kind. No information or opinion contained on this web site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services.
FTD Limited disclaims liability towards any subscriber, customer, partner, supplier, counterparty and other recipients for:
• the accuracy of any market quotations,
•any delay, inaccuracy, error, interruption or omission in providing market quotations,
• any discontinuance of market quotations.FTD Limited disclaims liability for any Publication not being complete, accurate, suitable and relevant for the recipient.
If a Publication becomes outdated the FTD Limited shall be under no obligation to:
• update the Publication,
• inform the recipients of a Publication,
• or perform any other action.FTD Limited reserves the right at its sole discretion to withdraw or amend any Publication or Information provided at any time without notice.
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3 - There Are No Recommendations
No information or opinion contained on FTD Limited’s website should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Opinions expressed at FTD Limited’s website are those of the individual authors and do not necessarily represent the opinion of FTD Limited or its management. FTD Limited has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author. Therefore, all Publications of the FTD Limited are, unless otherwise specifically stated, intended for informational and/or marketing purposes only and should not be construed as:
• business, financial, investment, hedging, legal, regulatory, tax or accounting advice,
• a recommendation or trading idea,
• any other type of encouragement to act, invest or divest in a particular mannerFTD Limited will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on information contained on FTD Limited’s website.
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4 - Local Regulations
The FTD Limited’s Publications may be accessed worldwide. The Information provided in such Publications is however only intended for use by recipients located in countries where such use does not constitute a violation of applicable legislation or regulations. None of the products and services referred to in the Publications of the FTD Limited are available to recipients residing in countries where the provision of such products and services would constitute a violation of mandatory applicable legislation or regulations.
It is at your sole responsibility to comply with all applicable legislation or regulation.
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5 - Website Services
Any use of the www.ftdsystem.com is subject to FTD Limited’s “Terms of Use” policy.
FTD Limited shall not be liable for any damage or injury arising out of any person’s or entity’s access to, or inability to access, this web site. This limitation includes, but is not limited to;
• any damage to computer equipment and computer systems caused by virus,
• malware and any other harmful computer coding.This Web site contains links to Web sites, which are not maintained by FTD Limited. Links to third-party Web sites are provided for your convenience and information only. Third-party Web sites are not under FTD Limited’s control and we are not responsible for the content or accuracy of those sites or the products or services offered on or through those sites. The inclusion of a link in this Web site does not imply FTD Limited’s endorsement of the third-party Web site.
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6 - Customer Relations
When applying for an account with FTD Limited, each applicant will be subject to the relevant set of business terms. All applicants and customers are deemed to have read and understood the terms and conditions and related policies applicable to them and their relationship with the FTD Limited.
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7 - Conflict of Interest
In order to prevent conflict of interest, FTD Limited has established appropriate business procedures and a conflict of interest policy. FTD Limited shall take all reasonable measures for the identification, management, prevention and/or disclosure any conflict of interest within its organization, with its Customers and between its Customers, to avoid conflict of interest from adversely affecting the Customers’ interests.
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8 - Limitation of Liability
If the FTD Limited at any time and for any reason, should become liable for the loss of any person and/or entity, including without limitation, if any provision of this disclaimer is, or at any time becomes to any extent or in any circumstances invalid, illegal or unenforceable for any reason, the liability of the FTD Limited shall be limited to such person’s and/or entity’s duly documented direct loss, which for the avoidance of doubt, and without limitation, shall not include damages for any incidental and consequential losses, damages for lost opportunity, damages for lost profit, nominal damages, statutory damages, punitive damages, restitutionary or disgorgement damages, damages for costs, including legal costs, and damages for any other indirect loss.
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9 - Privacy
When signing up with us, FTD Limited will, for administrative, commercial and/or legal purposes, require and store information about the user, including, but not limited to, name and address. Furthermore, the FTD Limited may require some financial information as well as users’ e-mail address. Users’ e-mail addresses will not be passed on to third parties, but may be used by the FTD Limited for the promotion of its products and services.All personal data benefits from this full protection and will only be disclosed to third parties such as administrative or judicial authorities if the FTD Limited is compelled to do so pursuant to the applicable law, or if the registered has given its written consent to such disclosure. The registered may revoke such consent or modify its extent at any time.
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10 - Unauthorized Login
It is at your sole responsibility to maintain the confidentiality of your password. Contact us if you encounter or hear about any suspicious activity related to the use of our services. FTD Limited will not be responsible for any loss to you arising from unauthorized use of your data.
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11 - Disputes
This disclaimer and any dispute arising from or in relation thereto, including disputes regarding its legality, validity, binding effect (including adoption) and enforceability, shall be settled by the courts of BVI in accordance with and subject exclusively to the laws of BVI. However, the FTD Limited reserves the right to initiate legal proceedings wherever it deems fit.
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12 - Supervision
FTD Limited is under the supervision of the British Virgin Islands Financial Services Commission.
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13 - Jurisdictional Disclaimer
FTD Limited offers a comprehensive range of financial products globally. Customers must understand and comply with their respective jurisdiction’s regulations and laws governing financial transactions and foreign exchange trading. This disclaimer is intended to clarify the jurisdictional responsibilities and limitations associated with the provision of financial products by FTD Limited.
Diverse Regulatory Frameworks and User Responsibility: Regulations for financial products vary significantly across jurisdictions. Customers are responsible for ensuring compliance with the rules and regulations applicable in their jurisdiction. By accessing and utilizing FTD Limited’s financial products, customers acknowledge and accept their sole responsibility for compliance with local laws and regulations.
Outward Remittances: Certain jurisdictions have strict rules regarding outward remittances for financial transactions and foreign exchange trading. Customers should familiarize themselves with these regulations before engaging in such activities.
Disclaimer of Liability: FTD Limited shall not be held liable for any violation of local laws or regulations by customers accessing our financial products. Customers engage with our platform at their own risk and are responsible for any legal consequences resulting from non-compliance with applicable laws.
Consultation with Legal Advisors: Customers are encouraged to seek advice from legal and financial professionals familiar with the laws and regulations governing financial transactions in their jurisdiction before participating in such activities.
Changes in Regulations: Regulatory frameworks regarding financial products may change over time. FTD Limited reserves the right to modify its services or terms of use in response to changes in regulatory requirements without prior notice.
By accessing and utilizing the financial products provided by FTD Limited, customers agree to comply with the terms outlined in this disclaimer and acknowledge their understanding of the associated jurisdictional responsibilities.