TERMS & PRIVACY
Terms of Use
Welcome to a unique online trading platform “Mytradez” (hereinafter referred to as “we", "us" or “Mytradez”)
MyTradez is an alternative trading platform. Unlike other trading platforms, it lets users trade different products like (US Economy, UK Economy, Singapore Economy, etc.). These products are known as ALT (for example, ALT-US Economy, ALT- UK Economy, ALT-Singapore Economy and so on). These alternate products are traded based on different parameters & economic Indicators (such as GDP, Inflation, Employment Data), etc.
These Terms & Privacy does not require any physical, electronic or digital signature.
These Terms & Privacy is a legally binding document between platform & user/trader.
ALT's starting value and amount (i.e Quantity of each ALT) are typically established by the platform. However, the quantity will be absolute once initiated by the Platform admin.
The Price/Value of ALTs will be determined based on trading by users and supply & demand time to time.
Depending on the market, users can list the owned ALT (s) for buy/sell at their desired price on the platform.
These Terms & Privacy will be effective upon exhibiting & creating listing an ALT on the website & shall be effective & binding on the buyer for buy/sell of ALT (s).
In these Terms & Privacy, a Member [“Mytradez” is an Invitation Only Site and all the members are Registered Member (Free)] who can buy/sell various ALT (s) (as defined below) from the website located at the URL www.mytradez.com under the name & style " Mytradez".
Please read these Terms & Privacy carefully before buy/sell various ALT (s). If a member does not agree to these Terms & Privacy, please do not buy or attempt to buy any ALT (s) listed on the website.
These Terms & Privacy subject to revision at any time. The Site reserves the right to change, modify, add or remove portions of these Terms & Privacys at any time without any prior notification. Changes will be effective when posted on the Site with no other notice provided. Please check these Terms & Privacys regularly for updates. Your continued use of the Site following the posting of changes to Terms & Privacys of use constitutes your acceptance of those changes. You are requested to regularly visit the Website to view the most current Terms & Privacys.
Please follow our Terms & Privacys stated herein below at all times:
User Agreement
This document which we officially call our User Agreement is a legally binding contract between you & Mytradez. The Terms & Privacys of this User Agreement (“Terms & Privacys”) set out your rights, obligations & responsibilities when you use Mytradez, along with its related sub-domains, sites, services & tools so please read this document carefully. By using the Site, you hereby accept these Terms & Privacys which represent that you agree to comply with the Terms & Privacys of this User Agreement. This User Agreement is deemed effective immediately upon your use of the site which signifies your acceptance of these Terms & Privacy of this User Agreement. If you do not agree to be bound by this User Agreement please do not access, register with or use this Site.
1. General Terms & Privacy
i. ALT (s) Stock will be per-determined & limited.
ii. Mytradez is a invitation only site & you must be a Registered Member for Trading in Mytradez Platform
iii. Time stamp will be used to determine transaction.
iv. Membership is absolutely free.
v. No Fees is required to Join Mytradez Platform
vi. No Commission*
vii. Trade Like Never Before
viii. Trade Alternative Product
ix. No Hidden Charge
(* Subject to)
Your Account
You may access & use the Website & the Services as a Registered Member (Free). The Services are not available to minors under the Age of Eighteen (18) or to any Users suspended or removed from the Mytradez system for any reason whatsoever. If you are disqualified as per the preceding sentence, you shall not be permitted to avail of the Services or use the Website. You represent that you are of legal age to form a binding contract & are not a person barred from receiving the services under the Laws as applicable. Notwithstanding the foregoing, if you are below the age of eighteen (18) years, please read through these Terms of Use with your parent or legal guardian & in such a case these Terms of Use shall be deemed to be a contract between Mytradez & Your legal guardian or parent & to the extent permissible under applicable laws, enforceable against You.
As a Registered Member (Free):
Mytradez makes certain sections of the Services available to you through the Website only if you have provided Mytradez certain required information & created an account & Mytradez ID through certain log-in ID & password ("Account"). Mytradez ID &/or other third party login identification as provided above are individually & collectively referred to the "Account Information".
You will be responsible for maintaining the confidentiality & security of the Account Information & are fully responsible for all activities that occur under Your Account. You agree to-
(a) Immediately notify Mytradez of any unauthorized use of Your Account Information or any other breach of security &
(b) Ensure that you exit from Your Account at the end of each session. Mytradez cannot & will not be liable for any loss or damage arising from your failure to comply with this section. You may be held liable for losses incurred by Mytradez Website due to authorized or unauthorized use of Your Account as a result of your failure in keeping Your Account Information secure & confidential.
You shall ensure that the Account Information provided by you in the Website's registration form is complete, accurate & up-to-date. Use of another user's Account Information for availing the Services is expressly prohibited.
If You provide any information that is untrue, inaccurate, not current or incomplete (or becomes untrue, inaccurate, not current or incomplete) or Mytradez has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, Mytradez has the right to suspend or terminate Your Account & refuse any & all current or future use of the Website / Services (or any portion thereof).
2. Privacy
The privacy of our member is the utmost priority to us. We know your personal information is important to you & also it is important to us as well. Our Privacy Policy details how your information is used when you use our services. The personal information/data provided to us by you or your use of the site will be treated as strictly confidential, in accordance with the Privacy Agreement & applicable laws & regulations. If you object to your information being transferred or used in the manner specified in the Privacy Agreement, please do not use the site.
i. Collection of Personal & Other Information
When you use our Website, we collect & store your personal information which is provided by you from time to time. Our primary goal in doing so is to provide you a safe, efficient, smooth & customized experience. This allows us to provide services & features that most likely meet your needs & to customize our Website to make your experience safer & easier. More importantly, while doing so we collect personal information from you that we consider necessary for achieving this purpose.
In general, you can browse the Website without telling us who you are or revealing any personal information about yourself. Once you give us your personal information, you are not anonymous to us. Where possible, we indicate which fields are required & which fields are optional. We may automatically track certain information about you based upon your behavior on our Website. We use this information to do internal research on our users' demographics, interests & behavior to better understand, protect & serve our members. This information is compiled & analyzed on an aggregated basis. This information may include the URL that you just came from (whether this URL is on our Website or not), which URL you next go to (whether this URL is on our Website or not), your computer browser information & your IP address.
When you choose to buy a product on the Website, we collect information about your buying behavior, preferences & other such information that you choose to provide.
If you choose to post messages on our message boards or leave feedback, we will collect that information you provide to us. We retain this information as necessary to resolve disputes, provide customer support & troubleshoot problems as permitted by Law.
If you send us personal correspondence, such as emails, or if other users or third parties send us correspondence about your activities or postings on the Website, we may collect such information into a file specific to you.
We collect personally identifiable information (email address, name, phone number, etc.) from you when you set up a free account with us. While you can browse some sections of our Website without being a registered member, certain activities do require registration. We do use your contact information to send you offers based on your previous orders & your interests.
ii. Use of Your Information
We use personal information to provide the services you request. To the extent we use your personal information to make product promotion & offer to you, we will provide you the ability to opt-out of such uses. We use your personal information to handle & fulfill orders, enhancing customer experience, resolve disputes, troubleshoot problems, help to promote a safe service, measure consumer interest in our products & services, inform you about offers, products, services & updates, customize & enhance your experience, detect & protect us against error, fraud & other criminal activity, enforce our Terms & Privacys & as otherwise described to you at the time of collection.
In our efforts to continually improve our product & service offerings, we also analyze demographic & profile data about members’ activity on our Website.
We identify & use your IP address to help diagnose problems with our server & to administer our Website. Your IP address is also used to help identify you & to gather broad demographic information.
We will occasionally ask you to complete optional online surveys. These surveys may ask you for personal information, contact information, date of birth, demographic information (like postal code, age, etc.), attributes such as your interests, your purchasing behavior or history, preferences & other such information that you may choose to provide. We use this data to tailor your experience at our Website, providing you with content that we think you might be interested in & to display content according to your preferences.
iii. Cookies
"Cookies" are small files placed on your hard drive that assist us in providing our services. We offer certain features that are only available through the use of a "cookie". A "cookie" is a small piece of information stored by a web server on a web browser so it can be later read back from that browser. Cookies are useful for enabling the browser to remember information specific to a given user. We place both permanent & temporary cookies in your computer's hard drive. The cookies do not contain any of your personally identifiable information.
We also use cookies to allow you to enter your password less frequently during a session. Cookies can also help us provide information that is targeted to your interests. Most cookies are "session cookies," meaning that they are automatically deleted from your hard drive at the end of a session. You are always free to decline our cookies if your browser permits, although in that case you may not be able to use certain features on the Website & you may be required to re-enter your password more frequently during a session. We use data collection devices such as "cookies" on certain pages of the Website to help analyze our web page flow, measure promotional effectiveness & promote trust & safety.
Additionally, you may encounter "cookies" or other similar devices on certain pages of the Website that are placed by third parties. We do not control the use of cookies by third parties.
iv. Sharing of personal information
We may share personal information with our other corporate entities & affiliates. These entities & affiliates may make product promotion to you as a result of such sharing unless you explicitly opt-out. We may disclose personal information to third parties. This disclosure may be required for us to provide you access to our services for fulfillment of your orders or for enhancing your experience or to comply with our legal obligations to enforce our User Agreement, to facilitate our marketing & advertising activities, or to prevent, detect, mitigate & investigate fraudulent or illegal activities related to our Services. We do not disclose your personal information to third parties for their marketing & advertising purposes without your explicit consent. We may disclose personal information if required to do so by Law or in the good faith belief that such disclosure is reasonably necessary to respond to subpoenas, court orders or other legal process. We may disclose personal information to Law Enforcement offices, third party rights owners or others in the good faith belief that such disclosure is reasonably necessary to enforce our Terms or Privacy Policy; respond to claims that an advertisement, posting or other content violates the rights of a third party or protect the rights, property or personal safety of our users or the general public.
3. Links to Other Sites
Our Website links to other websites that may collect personally identifiable information about you. Mytradez is not responsible for the privacy practices or the content of those linked websites.
4. Security Precautions
Our Website has stringent security measures in place to protect the loss, misuse & alteration of the information under our control. Whenever you change or access your account information, we offer the use of a secure server. Once your information is in our possession we adhere to strict security guidelines, protecting it against unauthorized access.
5. Choice/Opt-Out
We provide all members with the opportunity to opt-out of receiving non-essential (promotional, marketing-related) communications from us on behalf of our partners & from us in general after setting up an account.
6. Advertisements on Mytradez
We use third-party advertising companies to serve ads when you visit our Website. These companies may use information (not including your name, address, email address or telephone number) about your visits to this & other websites in order to provide advertisements about goods & services of interest to you.
7. Consent of User
By using the Website &/or by providing your information, you consent to the collection & use of the information you disclose on the Website. In accordance with this Terms & Privacy, including but not limited to your consent for sharing your information as per this Terms & Privacy. If you disclose any personal information relating to other people to us, you represent that you have the authority to do so & to permit us to use the information in accordance with this Terms & Privacy.
If we decide to change our privacy policy, we will post those changes on this page so that you are always aware of what information we collect, how we use it & under what circumstances we disclose it.
i. Analysis & Support from Platform:
Platform also provides features like market analysis, news and a forum discussion based on different ALT(s). As such, it serves as a complete trading platform for anyone willing to trade alternate products (ALTs) in an easy and convenient manner.
ii. Continued availability of the Site
We will do our utmost to ensure that access to the site is consistently available, uninterrupted & error-free. However, due to the nature of the internet & the nature of the Site, this cannot be guaranteed. Additionally, your access to the Site may also be occasionally suspended or restricted to allow for repairs, maintenance or the introduction of facilities or services at any time without prior notice. We will attempt to limit the frequency & duration of any such suspension or restriction.
iii. License to use our Site & Services
We grant you a limited, non-exclusive, non-transferable, & revocable license to use our site & services - subject to the Terms & the following restrictions in particular:
1. Don't Use Our Site & Services to break the Law/policy of the platform. You agree that you will not violate any laws in connection with your use of the Site/Services. This includes any Local Laws that may apply to you.
2. Content provided on this site is solely for informational purposes. Like, ALT(s) representations including price, available stock, features, add-ons & other details.
3. We grant you a limited license to access & make personal use of this Site, but not to download (excluding page caches) or modify the Site or any portion of it in any manner. This license does not include any resale or commercial use of this site or its contents. Any collection & use of any product listings, descriptions or prices; any derivative use of this site or its contents, any downloading or copying of account information or any use of data mining, robots, or similar data gathering & extraction tools.
4. You may not frame or use framing techniques to enclose any trademark, logo or other proprietary information (including images, text, page layout or form) without our express written consent. You may not use any meta tags or any other text utilizing our name or trademark without our express written consent, as applicable. Any unauthorized use terminates the permission or license granted by us to you for access to the site with no prior notice. You may not use our logo or other proprietary graphic or trademark as part of an external link for commercial or other purposes without our express written consent, as may be applicable.
5. You are responsible for paying all fees that you owe to Mytradez. Except as set forth below, you are also solely responsible for paying any applicable taxes & VAT for any purchases or sell you make through our site (if applicable as per Government rules).
6. You agree not to interfere with or try to disrupt our Services, for example by distributing a virus or other harmful computer code.
7. You agree & undertake not to perform restricted activities listed within this section; undertaking these activities will result in immediate cancellation of your account, services, reviews, orders or any existing incomplete transaction with us & in severe cases may also result in Legal Action.
iv. Refusal to comply with the Terms & Privacys described herein or any other guidelines & policies related to the use of the Site is available on the Site at all times.
v. For fraudulent purposes or regarding a criminal offense or other unlawful movements.
vi. Send, utilize or reuse any material that doesn't have a place with you or is unlawful, hostile (counting yet not constrained to material that is explicitly unequivocal substance or which advances prejudice, arrogance, disrespect or physical mischief), tricky, misdirecting, damaging, foul, hassling, disrespectful, abusive, derogatory, vulgar, obscene, pedophilic or threatening; ethically questionable, stigmatizing or in break of copyright, trademark, secrecy, protection or some other exclusive data or right or is generally damaging to outsiders or identifies with or advances tax evasion or betting or is unsafe to minors in any capacity or mimics someone else or undermines the solidarity, trustworthiness, security or neighborly relations with remote States or offensive or generally unlawful in any way at all or which comprises of or contains programming infections, political battling, business sales, networking letters, mass mailings or any ‘spam’.
vii. Use the Site for illegal purposes.
viii. Impersonate any person or entity or to falsely state or otherwise misrepresent your affiliation with any person or entity.
ix. Use or upload, in any way, any software or material that contains or which you have reason to suspect that contains, viruses, damaging components, malicious code or harmful components which may impair or corrupt the site's data or damage or interfere with the operation of another customer's computer or mobile device or the site & use the site other than in conformance with the acceptable use policies of any connected computer networks, any applicable internet standards & any other applicable laws.
x. Attempt to gain unauthorized access to or otherwise interfere or disrupt other computer systems or networks connected to the site & services.
xi. Interfere with another's utilization & enjoyment of the Site; post, promote or transmit through the Site any prohibited materials deemed illegal as per applicable law.
Any breach of these Terms & Privacys shall result in the immediate revocation of the license granted in this paragraph without notice to you.
8. Conduct of User
You should not use/utilize the site in any way that causes or is probably going to cause, the site or access to it to interfere, harmed or disabled in any capacity. You should not participate in exercises that could hurt or conceivably hurt the site, its employees, officials, representatives, stakeholders, delegates, partners or some other gathering legitimately or in a roundabout way connected with the site or access to it to be infringed, harmed or debilitated in any capacity. You understand that you & not us are responsible for all electronic communications & content sent from your computer to us & you must use the site for lawful purposes only. You are carefully restricted from utilizing the site. You are strictly prohibited from using the site:
i. For fraudulent purposes, or in connection with a criminal offense or other unlawful activity.
ii. To send, use or reuse any material that does not belong to you or is illegal, offensive (including but not limited to material that is sexually explicit content or which promotes racism, bigotry, hatred or physical harm), deceptive, misleading, abusive, indecent, harassing, blasphemous, defamatory, libelous, obscene, pornographic, pedophilic or menacing; ethnically objectionable, disparaging or in breach of copyright, trademark, confidentiality, privacy or any other proprietary information or right; or is otherwise injurious to third parties or relates to or promotes money laundering or gambling or is harmful to minors in any way; or impersonates another person; or threatens the unity, integrity, security or sovereignty or friendly relations with foreign states; or objectionable or otherwise unlawful in any manner whatsoever; or which consists of or contains software viruses, political campaigning, commercial solicitation, chain letters, mass mailings or any "spam".
iii. Use the Site for illegal purposes.
iv. To cause annoyance, inconvenience or needless anxiety.
v. For any other purposes that is other than what is intended by us.
9. Trademarks & Copyrights
i. Mytradez, Mytradez.com, Mytradez’s logo & other marks indicated on our site are trademarks or registered trademarks of Mytradez in the relevant jurisdiction(s). Our graphics, logos, page headers, button icons, scripts & service names are the trademarks & may not be used in connection with any product or service that does not belong to us or in any manner that is likely to cause confusion among traders or in any manner that disparages or discredits us.
ii. All intellectual property rights, whether registered or unregistered, in the site, information content on the site & all the website design, including but not limited to text, graphics, software, photos, video, music, sound & their selection & arrangement & all software compilations, underlying source code & software shall remain our property. The entire contents of the Site also are protected by copyright as a collective work under Copyright Laws which includes Copyright Act Trademark Act & international conventions, as per applicable law. All rights are reserved.
10. Disclaimer
You acknowledge & undertake that you are accessing the services on the site & transacting at your own risk & are using your best & discreet judgment before entering into any transactions through the Site.
11. Conditions of Sale
Please read these conditions carefully before placing an order for any ALT(s) ("We" or "Our" or "Us", wherever applicable) on the Site. These conditions signify your agreement to be bound by these conditions.
This section deals with conditions relating to the buy/sell of ALT(s) on the Site.
12. Contract
i. Your order is a legal offer to us to purchase the ALT(s) displayed on our site. When you place an order to purchase a ALT(s), any confirmations or status updates received prior to the dispatch of your order serves purely to validate the order details provided & in no way implies the confirmation of the order itself. The acceptance of your order is considered confirmed when the ALT(s) is dispatched to you.
ii. You authorize us to declare & provide a declaration to any Governmental Authority on your behalf stating the aforesaid purpose for your orders on the site. We may cancel an order wherein the quantities exceed the policy set by authority/ platform admin. This applies both to the number of ALT(s) ordered within a single order & the placing of several orders for the same ALT(s) where the individual orders comprise a quantity that exceeds the policy set by authority/ platform admin.
13. Pricing
For all ALT(s) prices are listed in USD & could be exclusive of VAT (will be declared) (if applicable). Items in your Shopping Cart will always reflect the most recent price displayed on the site.
14. Reselling of ALT(s)
Reselling any ALT(s) using this site for any purposes is strictly prohibited. If any unauthorized personnel are found committing the above act, Legal Action may be taken against him/her.
15. Events Beyond Our Control
We will not be held responsible for any delay or failure to comply with our obligations under these conditions if the delay or failure arises from any cause which is beyond our reasonable control. This condition does not affect your statutory rights.
16. Termination
In addition to any other legal or equitable remedies, we may, without prior notice to you, immediately terminate the Terms & Privacys or revoke any or all of your rights granted under the Terms & Privacys. Upon any termination of this Agreement, you shall immediately cease all access to & use of the Site & we shall, in addition to any other legal or equitable remedies, immediately revoke all password(s) & account identification issued to you & deny your access to use of this site in whole or in part. Any termination of this agreement shall not affect the respective rights & obligations (including without limitation, payment obligations) of the parties arising before the date of termination. You furthermore agree that the site shall not be liable to you or to any other person as a result of any such suspension or termination. If you are dissatisfied with the site or with any terms, conditions, rules, policies, guidelines or practices in operating the site, your sole & exclusive remedy is to discontinue using the Site.
17. Dispute Resolution
All disputes between Mytradez & you arising out of or in connection with the present contract shall be finally settled through negotiation & mediation. However, if negotiation or mediation is failed the dispute shall be referred to Arbitration in accordance with the Arbitration Act applicable & the Arbitration shall be conducted by a sole arbitrator.
18. Governing Law & Jurisdiction
These Terms & Privacys are governed by & construed in accordance with applicable International Law.
19. Changes to the Terms
We reserve the right to make changes to the site, its policies, these Terms & Privacys. Also any other publicly displayed conditions or services promised at any time. You will be subject to the Policies, Terms & Privacys in force at the time you used the site unless any change to those policies or those conditions is required to be made by Law or Government Authority (in which case it will apply to orders previously placed by you). If any of these conditions is deemed invalid, void or for any reason unenforceable, that condition will be deemed severable & will not affect the validity & enforceability of any remaining condition.
20. Severability
Any part, provision, representation or warranty of this Agreement which is prohibited or which is held to be void or unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof. Any part, provision, representation or warranty of this Agreement which is prohibited or unenforceable or is held to be void or unenforceable in any jurisdiction shall be ineffective, as to such jurisdiction, to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. To the extent permitted by applicable law, the parties hereto waive any provision of law which prohibits or renders void or unenforceable any provision hereof.
21. CONTACT INFORMATION
We recommend you to communicating with us electronically.
For any communication
Email us at
support@mytradez.com
Standard Operational Procedure & Terms and Privacy
Standard Operational Procedure & also Terms and Privacy applicable for the Platform and set by the admin of the platform. For this Standard Operational Procedure & Terms and Privacy user will get a tutorial/ how it works on the platform. This Guideline will also help user to make easy, smooth, fair & transparent transaction in the platform. Else transaction will be treated as un-authorised transaction & fail to initiate & complete the process.
Disclaimer
One-Click Trading Disclaimer
There will be no further confirmations for client to click. Client will not be able to withdraw or change client’s order once client clicks. Under normal market conditions and system performance, a market order will be promptly filled after submission and client will have entered into a binding transaction.
Disclaimer against Money Laundering
1. Modern society currently faces a serious challenge in preventing money laundering, e.g. making the possession, use, or disposal of money or other property obtained from criminal activities appear to be legal, and terrorism financing - providing or gathering money or rendering financial services with the knowledge that the money is intended to finance the organization, preparation for, or execution of terrorist acts or to support a criminal society (criminal organization) created or being created to perform terrorist acts. Individuals and legal entities whose income is earned illegally make various attempts to legalize their income. For example, they may use other people's personal data, including data that has been acquired fraudulently. This may become a problem for people who become victims of fraud and are uninvolved in these parties' criminal activities.
2. Laws against money laundering to prevent money laundering, organizations performing operations with money or other property are obligated to comply with anti-money laundering laws, verify the identity of clients, and assist government agencies and financial organizations working to combat money laundering. MyTradez does everything required to ensure compliance with laws against money laundering and financing terrorism.
3. Client identity verification procedure as part of complying with laws on client identification, this procedure is performed during registration, various types of non-trading operations, and as part of monitoring by our specialists. In order to identify our clients, MyTradez may ask you for personal data and take steps to confirm the accuracy of this information using a verification system developed by our specialists. It may take several work days to complete this process.
4. Compliance with the Privacy Agreement The personal data we receive is handled in accordance with the provisions of the Privacy Agreement. Please note that the reason for the identification procedure is to comply with laws against money laundering and financing terrorism, not because we suspect you of committing illegal acts. Accordingly, your cooperation and understanding of these steps is necessary to effectively combat money laundering and financing terrorism.