HiFrex Terms and Conditions
By using this website (hereinafter to be known as “Site”) located at hifrex.co and by registering for an account to use our platform and services (hereinafter to be known as “Services”), you (also known as “you”, “your” or “yourself“) agree to accept and comply with the terms and conditions of use as stated below (hereinafter to be known as “Terms“). Please ensure that you have read the entire Terms document carefully before you use this Site or any of the Services provided on this Site.
You are currently accessing hifrex.co, a platform developed by Techinvest Business Solutions LTD. (hereinafter to be known as ”HiFrex”, “the Company”, “we”, “us” or “our”), including without limitation thereby, its owners, directors, investors, employees, or other related parties. Depending upon the context, HiFrex may also refer to the services, products, Site, content, or other materials (collectively known as ”Materials”) provided by HiFrex. The Service operated by HiFrex enables professional traders, corporations, and trading platforms to lease trading systems while offering accessible trading plans for average traders.
Depending on your country of residence, you may not be able to use all the functions of the Site. It is your responsibility to follow those rules and laws in your country of residence and/or country from which you access this Site and Services. As long as you agree to and comply with these Terms, HiFrex grants to you a personal, non-exclusive, non-transferable, non-sublicensable, and limited right to enter and use the Site and the Services.
IF YOU DO NOT ACCEPT THE TERMS OF USE AND CONDITIONS OUTLINED IN THIS AGREEMENT, DO NOT ACCESS THIS SITE AND DO NOT USE THIS SERVICE.
By opening an account (hereinafter known as "Account") to use the Services, you expressly represent and warrant that:
- You have accepted these Terms; and
- You are at least 18 years of age at the time of accessing the Site and have the full capacity to accept these Terms and enter into a transaction involving cryptocurrencies.
- If you are under 18 years of age or without capacity, you represent that your legal guardian has read, understood and agreed to these Terms and any subsequent modifications or changes thereto.
Risks Involved
High-frequency trading carries a high level of risk that extends across various dimensions, including price volatility, market instability, liquidity fluctuations, systemic risk and more. Recognizing the potential for losses, including the complete or partial erosion of the initial investment, is imperative. Therefore, it is essential to allocate funds for high-frequency trading that are within one's financial capacity to withstand potential losses.
Additionally, it is important to acknowledge that there may be unforeseen or undisclosed risks inherent to high-frequency trading that extend beyond the scope of our stated Terms and Conditions. Prior to engaging in high-frequency trading, it is imperative to undertake a thorough assessment of one's investment objectives, evaluate one's level of experience, and establish a clear comprehension of personal risk tolerance. It is crucial to emphasize that HiFrex explicitly absolves itself of any responsibility for losses or devaluation stemming from actions undertaken in accordance with such directives.
In the event of a system breakdown caused by network errors or unforeseen factors, users acknowledge that HiFrex is not liable for any resulting losses or trading disruptions.
Disclaimer
You expressly understand and agree that the following provisions:
- The Services may be interrupted or malfunctioned, or may cause inconvenience, loss of data, errors, tempering or other financial losses to you and you are advised to take precautionary measures when using the Services;
- HiFrex shall not be liable for any damages or losses resulting from your use of or inability to use the Services unless caused by the intentional infringement or gross negligence of HiFrex;
- You may not claim to HiFrex that any data, goods, services or other information purchased/obtained through the Site does not meet the requirements, expectations or have defects;
- Due to the nature of internet transmissions, HiFrex is unable to warrant the accuracy and timeliness of transactions conducted through the Site, nor do we warrant that the service will be available, uninterrupted, safe and secure at all times;
- No information nor advice obtained from or through the Site shall constitute a warranty by HiFrex;
- HiFrex will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the breach of these Terms;
- We make no promise that HiFrex is compatible with all devices and operating systems. It is your responsibility to configure your information technology, devices, software and computer programs in order to access HiFrex;
- We are not liable for the availability or error of the internet and connections, device or other equipment, or software that may occur with your use of HiFrex;
- Despite the efforts and measures we take, we make no promise that HiFrex is secure and free from bugs and viruses;
- You are advised to log out from your account upon the end of your browsing of the website to ensure the security of your personal information. HiFrex will not be liable for any lost, stolen, or compromised Trader accounts, passwords, or email accounts.
Account Termination
To terminate your agreement with HiFrex and cancel your membership, please provide a written notice at least 30 days in advance. Your membership will remain active until all outstanding payments on your account are settled, at which point the cancellation request can be processed. Please be aware that memberships terminated before the agreed term concludes are not eligible for refunds.
We also reserve the right to cancel unconfirmed Accounts or to modify or discontinue our Site or Services or request to verify the information to be able to continue using the Services. Members agree that HiFrex will not be liable to them or to any third party for termination of their Account or access to the Site.
Upon any expiration or termination of this Agreement, you will immediately cease any and all use of and access to all Services and delete any and all copies of the Materials, any HiFrex passwords or access codes, and any other confidential information in your possession. You acknowledge that following termination, they will have no further access to any Customer Data input into any Service, and that the Company may delete any such data as may have been stored by the Company at any time.
Registration
To access the Site and Services of HiFrex, you must first register and create a User account on HiFrex. To register as a User:
- If the laws of the country or State/province where you live provide that you can only be legally bound by a contract with us at an age which is higher than 18 years old, then you are required to be old enough to be legally bound by a contract with us under the laws of the country or State/province according to where you live; and
- You must be permitted by the laws of the country or State/province according to where you are located to join HiFrex and to use any Services provided by it;
- You are required to provide such other information or verification records as we require.
When you register with and use HiFrex, you commit the following to us:
- If you had previously owned an account with HiFrex, you confirm that your old account was not terminated or suspended by us due to violations of any of our terms or policies;
- You ensure that all information submitted by you to us is truthful, accurate and complete;
- You will give prompt updates on any of the information submitted by you to us as and when there are any changes;
- You consent to receiving communications from us in any form, and to the processing of your personal data (refer to our Privacy Policy);
- You will keep your account/login details confidential and secure, which includes user details, passwords and any other information that forms part of our security procedures, which you will not disclose to anyone else of such details. You will contact us through our website promptly if you believe someone has used or is using your account without your permission or if your account has been subject to any other breach of security;
- You are responsible for all the activities on your account even if, contrary to the Terms, someone else uses your account;
Your use of HiFrex implies that you will comply in full with these Terms and Conditions.
Limited Rights of Use
Unless otherwise specified, all Materials on this Site are the property of HiFrex and are protected by copyright, trademark, and other applicable laws. You may view, print, and/or download a copy of the Materials from this Site on any single computer solely for your personal, informational, non-commercial use, provided you keep intact all copyright and other proprietary notices.
The trademarks, service marks, and logos of HiFrex and others used in this Site (”Trademarks”) are the property of HiFrex and their respective owners. The software, text, images, graphics, data, prices, trades, charts, graphs, video, and audio used on this Site belong to HiFrex. The Trademarks and Materials should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, scraped, collected, or distributed in any form or by any means, whether manual or automated. The use of any such Materials on any other Site or networked computer environment for any other purpose is strictly prohibited; any such unauthorized use may violate copyright, trademark, and other applicable laws and could result in criminal or civil penalties.
Financial Information
The Company should not be liable for any losses that Users may incur (or to a third party) due to reliance on inaccurate financial information on the Site. The User should verify the accuracy and reliability of the information on the Site and its appropriateness in comparison with other dependable information sources. The Company will not be held responsible for any allegedly caused claim, cost, loss or damage of any kind based on information offered on the Website or due to information sources used by the Site. The Client accepts sole risk and responsibility for any reliance on the aforementioned information. The Company does not warrant that pricing or other information supplied by it through its trading software or any other form is correct or that it reflects current market conditions.
Payment
You are accountable for ensuring payment for the services that HiFrex provides. It is essential that you make these payments promptly and strictly in accordance with the terms and conditions outlined in the relevant agreement or invoice.
We expect that any outstanding amounts will be settled within the mutually agreed-upon timeframe specified in the agreement or invoice. Failure to adhere to these payment terms may result in consequences outlined in the agreement, including potential service disruptions or legal actions.
Availability
All Services are provided without warranty of any kind, either express or implied. We do not represent that this Site will be available all the time to meet your needs. We will strive to provide you with the Services as soon as possible but there are no guarantees that access will not be interrupted, or that there will be no delays, failures, errors, omissions, or loss of transmitted information.
We will use reasonable endeavors to ensure that the Site can normally be accessed by you in accordance with these Terms. We may suspend the use of the Site for maintenance and will make reasonable efforts to give you notice. You acknowledge that this may not be possible in an emergency.
Membership Program Agreement
As a member, you have the privilege to access HiFrex's system and services. Memberships are non-transferable, and it is prohibited to share your membership number or permit anyone else to use it. Violating this rule may result in the immediate termination of your membership.
Membership Services
Upon opening an account and adhering to the terms of this agreement, you will be granted a term of trial period, during which you may engage in trading with a minimal initial investment. HiFrex is committed to providing you with exclusive member services throughout your membership tenure.
Package Subscription
By subscribing to the package, you agree to pay a monthly subscription fee as a prerequisite to trade in HiFrex. You are required to furnish the Company with valid payment information to facilitate the automatic deduction of the monthly subscription fee.
HiFrex reserves the right to make adjustments to the monthly subscription fee, with prior notice to the Member. Any changes to the membership fee will be communicated via the Member's registered contact information and will become effective after the specified notice period.
In the event of a payment failure due to insufficient funds or any other reason, you will be held responsible for any associated fees and may face temporary suspension or termination of your subscription until all outstanding fees are settled.
You are also obligated to promptly inform HiFrex of any changes to your personal details, including your address, contact numbers, email, bank account, and any other pertinent information related to your membership.
Termination of Subscription
You are required to manually select the ”surrender” button to avoid automatic renewal. Failure to do so will result in an automatic renewal for the subsequent month, and any fees for the current month will not be subject to reimbursement once surrendered.
Cookies
Cookies are used for tracking your activities on the website for HiFrex to collect and analyze data for the purpose of improving our Services; HiFrex will set and use cookies on devices that you use to browse the Site. HiFrex also allows third parties on the Site to set access cookies through your devices, subject to their respective terms and privacy policy; Note that if you do not wish to accept cookies set by HiFrex, you may block the cookies through your web browser, but this may limit your access to the Services.
Third Party and External Websites
HiFrex makes no representations whatsoever about any other site which you may access through this Site. The Site may provide links or other forms of reference to other websites or resources (”External Sites'') over which we do not have control. In such cases, you acknowledge that HiFrex is providing these links or references to you only as a convenience. HiFrex is not responsible for the availability of, and content provided on, these External Sites. You are requested to review the policies posted by the visited External Sites regarding privacy and other topics before use. HiFrex is not responsible for third party content accessible through the Site, including opinions, advice, statements, prices, activities, and listings, and you shall bear all risks associated with the use of such content. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses, and other items of a destructive nature.
Limitation of Liability
To the extent permitted by law, HiFrex will not be held liable for any damages, loss of profit, loss of revenue, loss of business, loss of opportunity, loss of data, indirect or consequential loss unless the loss suffered arises from negligence or willful deceit or fraud. Nothing in these Terms excludes or limits the liability of either party for fraud, death, or personal injury caused by its negligence, breach of the Terms implied by operation of law, or any other liability which may not by law be limited or excluded.
Subject to the foregoing, HiFrex's aggregate liability in respect of claims based on events arising out of or in connection with any single Trader's use of the Site and/or Services, whether in contract or tort (including negligence) or otherwise, shall in no circumstances exceed the greater of either (a) the total amount held on Account for the Trader making a claim; or (b) the total amount of the Transaction(s) that are the subject of the claim.
Indemnity
To the full extent permitted by applicable law, you hereby agree to indemnify HiFrex, and its partners against any action, liability, cost, claims of loss, damages, proceedings, or expenses suffered or incurred if direct or not directly arising from your use of HiFrex’s Sites, your use of the Services, or from your violation of these Terms.
Miscellaneous
If we are unable to perform the Services outlined in the Terms due to factors beyond our control, including but not limited to an event of Force Majeure, change of law, or change in sanctions policy, we will not have any liability to you with respect to the Services provided under this agreement and for a time period coincident with the event.
Modification of Terms
HiFrex reserves the right to change, add or remove portions of these Terms, at any time, in an exercise of its sole discretion. You will be notified of any changes in advance through your Account. Upon such notification, it is your responsibility to review the amended Terms. Your continued use of the Site following the posting of a notice of changes to the Terms signifies that you accept and agree to the changes and that all subsequent transactions by you will be subject to the amended Terms.
Contact Us
If you have any questions relating to these Terms, your rights and obligations arising from these Terms and/or your use of the Site and the Services, your Account, or any other matter, please contact us at [email protected] for further assistance.