Terms of Service

Overview

By using our site and/or purchasing something from us, you participate in our ’Service’ and agree to be bound by the following terms and conditions (’Terms of Service’, ’Terms’), as well as any other terms and conditions and policies linked herein and/or accessible through a hyperlink. These Terms of Service apply to all users of the site, including but not limited to browsers, vendors, consumers, merchants, and/or content creators.

Please carefully read these Terms of Service before accessing or using our website. You agree to be bound by these Terms of Service by accessing or using any portion of the site. You may not visit the website or use any services if you do not agree to all of the terms and conditions of this agreement. Acceptance is solely restricted to these Terms of Service if these Terms of Service are deemed an offer. The Services are only available to those over the age of 18 who live in the countries where the Services are provided.

IN ACCORDANCE WITH APPLICABLE LAWS

NONE OF THE SERVICES PROVIDED TO YOU BY THE PROVIDER CAN BE CONSIDERED INVESTMENT SERVICES. THE PROVIDER DOES NOT GIVE OR PROVIDE TO YOU ANY GUIDANCE, INSTRUCTIONS, OR INFORMATION ABOUT HOW OR IN WHAT MANNER YOU SHOULD PERFORM TRANSACTIONS WHEN USING THE SERVICES OR OTHERWISE, OR ANY OTHER SIMILAR INFORMATION ABOUT THE INVESTMENT TOOLS TRADED, AND THE PROVIDER DOES NOT ACCEPT ANY SUCH GUIDANCE, INSTRUCTIONS, OR INFORMATION FROM YOU. NEITHER THE SERVICES NOR THE RECOMMENDATIONS CONSTITUTE INVESTMENT ADVICE.

Section 1 - Terms of Online Registration

In signing these Terms of Service, you officially confirm that you are of legal age in your state or province of residence, or that you are of legal age and have given us your permission to allow any of your minor children to use this site. As a condition of using the Service, you agree that you will not engage in any illegal or unauthorised activity (including but not limited to copyright laws). Your Services will be terminated immediately if you violate any of the Terms.

Section 2 – General Conditions

We have the right to refuse service to anyone at any time for any reason. You acknowledge that your content (except credit card information) may be conveyed unencrypted and may entail (a) transmissions across different networks, and (b) modifications to conform and adapt to the technical requirements of connecting networks or devices. Whenever credit card information is sent over a network, it is always encrypted.

Section 3 – Information Accuracy, Completeness, and Timeliness

We make every effort to assure that the information we give is reliable; nevertheless, the information is also provided by third parties, and we are not responsible if the material on this site is not accurate, full, 1 or up to date.

Section 4 – Changes to the Service and Prices

Our product prices are subject to change without notice. We retain the right to alter or discontinue the Service (accounts offered) (or any part or content thereof) at any time and without notice.

Section 5 – Products or Services

We retain the right, but not the obligation, to limit our product or service sales to any individual, geographic location, or jurisdiction.

Section 6 – Account Information and Billing Accuracy

We have the right to reject any order placed with us. We reserve the right, in our sole discretion, to limit or cancel the number of items purchased per person, per household, or per order.

Section 7 – Additional Resources

We may offer you access to third-party tools over which we have no control or involvement.

Section 8 – External Links

Third-party materials may be included in certain content, products, and services offered via our Service.

Section 9 – Comments, Feedback, and Other Submissions from Users

If you send us creative ideas, suggestions, proposals, plans, or other materials (collectively, ’comments’), whether online, by email, by postal mail, or otherwise (collectively, ’comments’), you agree that we may, at any time, without restriction, edit, copy, publish, distribute, translate, and otherwise use any comments that you forward to us in any medium.

Section 10 – Personal Information

Our Privacy Policy governs the submission of personal data through the website.

Section 11 – Know Your Customer (KYC)

Customer and Business Partner Due Diligence: GrowthNext-F.Z.C is to implement robust and comprehensive procedures in accordance with legal and regulatory requirements pertaining to Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).

Section 12 - Unauthorised TRADING PRACTICES

GrowthNext - F.Z.C is to have procedures regarding the identification, verification and monitoring of Politically Exposed Persons (PEPs), their family and close associates and entities owned or controlled by them. By employing comprehensive steps, Veriff verifies the identity of individuals with a high level of accuracy and confidence, contributing to the overall security and reliability of the verification process. Veriff follows a series of steps to verify the identity of individuals:

  • Document Verification: Veriff collects and analyzes official identification documents provided by the user, such as passports, driver’s licenses, or national identity cards.
  • Facial Recognition: Veriff employs facial recognition technology to compare the user’s live image or selfie with the photo on the provided identification document
  • Optical Character Recognition (OCR): Veriff utilizes OCR technology to extract information from the identification document.
  • Fraud Detection: Veriff employs sophisticated algorithms and machine learning techniques to identify and flag potential signs of fraud or tampering.
  • Liveness Detection: Veriff incorporates liveness detection measures to ensure that the user is physically present during the verification process.

Section 13 – Watchlist Screening

GrowthNext F.Z.C shall utilize automated systems to conduct rigorous screening of all transactions, cross-referencing them against government or company-issued sanctions lists of individuals, entities, or countries. The following are part of GrowthNext F.Z.C’s program:

  • OFAC
  • United Nations
  • European Union
  • Other local regulation

Section 14 – Errors, Inaccuracies, and Omissions

On rare occasions, information on our site or in the Service may contain typographical errors, inaccuracies, or omissions relating to product descriptions, price, promotions, offers, product shipping charges, transit times, or availability

Section 15 – Restricted Uses

You are prohibited from using the site or its content for various purposes, including any illegal purpose, soliciting others to perform or participate in any unlawful acts, violating any regional and global regulations, infringing upon our intellectual rights, and more.

Section 16 – Unauthorised TRADING PRACTICES

It is prohibited for the Customer to intentionally or unintentionally use trading strategies that take advantage of errors in the Services. The Customer is not permitted to execute trades using an external or slow data feed. The Customer is prohibited from performing gap trading by opening trades during scheduled major global news, macroeconomic events, or corporate reports or earnings that may affect the relevant financial market for trading financial instruments.

Section 17 – Additional Prohibitions

As one of our customers, you should be aware of this and acknowledge that all of our services are intended solely for personal use by the customer. Additionally, you agree not to abuse the Services by engaging in trades that are inconsistent with the way trading is typically carried out in the forex or any other financial market.

Section 18 – Forbidden Trading Practices

It is advised that all FundedNext clients adhere to the following trading guidelines. Otherwise, FundedNext won’t be held responsible for whatever repercussions it chooses to have. During KYC, it’s strictly recommended to provide accurate information and not to manipulate or try to impersonate others. It is also advised not to use any VPS/VPN during KYC verification.
    If the Customer engages in any of the prohibited trading practices mentioned above or does not follow the guidelines, FundedNext may pause or terminate payout. FundedNext may also remove any trades that violate the prohibition from the Customer’s trading history and not count their results in the profits and losses achieved by the trading on a FundedNext Challenge or a FundedNext Account. Furthermore, FundedNext Trading reserves the right to cancel the Customer’s FundedNext Account immediately and terminate this Agreement, and/or reduce the offered leverage on products to 1:5 or lower on any or all of the Customer’s accounts.

Section 19 – Limitation of Liability; Disclaimer of Warranties

FundedNext, which is a concern of GrowthNext, does not promise, represent, or assure that your use of our service will be error-free, speedy, secure, or uninterrupted. The service and all products and services delivered to you via the service are provided ’as is’ and ’as available for your use, without any express or implied representation, warranties, or conditions of any kind.

Section 20 – Indemnification

You indemnify and hold, uphold, and retain Intellimeter and our parent, subsidiaries, affiliates, partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, interns, and employees harmless from any claim or demand made by any third party due to or arising out of your breach of these Terms of Service or the documents they incorporate by reference or your violation of any law or regulation.

Section 21– Severability

If any provision of these Terms of Service is found to be unlawful, void, or unenforceable, that provision shall be enforced to the fullest extent permitted by applicable law.

Section 22– Termination

For all reasons, the parties’ responsibilities and liabilities accrued prior to the termination date will survive the termination of this agreement.

Section 23– Refund Policy

The Customer can request the termination of their Client Section within 7 days of purchasing the account by sending an email to [email protected], provided it has no trading activities during this time. However, if the Customer files an unjustifiable complaint about the paid fee or disputes it with their bank or payment service provider, the Provider reserves the right, at its sole discretion, to cease providing any services to the Customer and refuse any future service provision.

Section 24 - Dispute Policy

FundedNext is fully committed to upholding a fair and transparent trading environment. In order to ensure the integrity of our services, we strongly encourage our valued clients to utilize FundedNext's support channels for prompt resolution of any disputes. We have a strict policy against improper dispute actions, which includes the submission of unwarranted chargebacks or unjustifiable complaints regarding fees paid for our services.

Clients found engaging in such improper dispute actions may face the consequence of a permanent ban from the FundedNext platform. At FundedNext, we building and maintaining trust within our trading community, and our unwavering dedication remains focused on your success. We warmly welcome you to reach out to the FundedNext support team whenever you require assistance – we are here to help.

Section 25– Trading Platform and Service Overview

The Services include tools for practicing foreign exchange (FOREX) trading and trading on other financial markets, as well as access to analytical tools, and a Client Section. These services are provided by the Provider and sometimes through third-party applications. When you use the simulated trading tools, you’re not actually trading with real money. The funds you use for practice are not real; they’re pretend. You can’t use these pretend funds for real trading, and you won’t get any real profits or have to cover any real losses unless we agree otherwise in writing.

Section 26– Entire Agreement

These Terms of Service, as well as any policies or operating rules posted by us on this site or in relation to The Service, represent the entire agreement and understanding between you and us.

Section 27– Governing Law

These Terms of Service, as well as any policies or operating rules posted by us on this site or in relation to The Service, represent the entire agreement and understanding between you and us.

Section 28– Local Law

It’s recommended to know your local regulations if there are any. You’re taking service as per your own risk and responsibilities

Section 29– Changes to Terms of Service

The user’s legal jurisdiction governs and is construed in line with these Terms of Service and any other agreements whereby we provide you Services.

Section 30– Contact Information

United Arab Emirates Office no. 7, AI Robotics HUB, C1 Building, AFZ, Ajman, UAE.