Terms and Conditions
Effective Date: November 18, 2024
These Terms and Conditions (“Agreement”) govern your use of the products, services, and content provided by 521 Forex Pty Ltd (“the Company”, “we”, “us”, or “our”), including but not limited to trading robots, automated systems, mentorship programs, educational resources, indicators, software, and any other products or services (“Services”) offered by the Company. By accessing or using our Services, you agree to comply with and be bound by the following Terms and Conditions. If you do not agree with these terms, you must immediately cease using our Services.
1. Acceptance of Terms
By accessing and using any of the Services provided by 521 Forex Pty Ltd, you acknowledge and agree that you have read, understood, and accepted these Terms and Conditions.
These terms apply to all users of the Services, whether or not they have explicitly signed any agreement. If you are using the Services on behalf of an organization, you represent and warrant that you have the authority to bind the organization to these Terms and Conditions.
2. Services Provided
521 Forex Pty Ltd provides the following Services:
Trading Robots and Automated Systems: Software designed to assist with automated forex trading.
Mentorship and Educational Programs: Training and guidance related to forex trading and market analysis.
Indicators and Technical Tools: Trading indicators and tools to help analyze and improve forex trading strategies.
Other Services: Any other products, services, or materials related to forex trading offered by the Company.
3. Use of Services
You agree to use the Services provided by 521 Forex Pty Ltd in accordance with applicable laws, rules, and regulations. You further agree to use the Services for lawful purposes only and not to engage in any fraudulent, harmful, or illegal activities while using the Services.
You are responsible for all activities conducted through your account and for maintaining the confidentiality of your account information, including any login credentials.
You may not share or resell the Services provided by the Company unless explicitly permitted by 521 Forex Pty Ltd.
You agree not to reverse-engineer, decompile, or attempt to extract the source code of any software provided by the Company, except as permitted by applicable law or by the Company.
4. No Guarantee of Profits
The Company makes no guarantees regarding the profitability or success of the Services, including but not limited to trading robots, mentorship programs, or indicators. Trading in forex and other financial markets involves significant risk, and you may lose all or part of your invested capital.
521 Forex Pty Ltd does not provide financial or investment advice. The information provided through our Services is for educational purposes only.
You acknowledge that past performance is not indicative of future results, and you bear full responsibility for any trading decisions made based on the use of the Company’s Services.
5. Risk Acknowledgment
You understand and acknowledge that:
Trading involves substantial risk and may not be suitable for all individuals. You should only trade with capital that you can afford to lose.
521 Forex Pty Ltd is not responsible for any losses, damages, or financial consequences resulting from the use of its Services, including trading losses, whether caused by automated systems, mentorship, or any other tools provided.
6. No Refund Policy
All purchases made for Services, including trading robots, mentorship programs, and software, are final and non-refundable. Once a purchase is made, you acknowledge that you have reviewed the services and agree to the terms of this No Refund Policy.
The Company will not issue refunds under any circumstances, including but not limited to dissatisfaction with performance or any perceived losses incurred as a result of using the Services.
7. Software Licensing
The software, including trading robots, automated systems, and any related tools, are licensed to you per account. These licenses are non-transferable and are only valid for the account under which they were purchased.
You agree not to share, distribute, or resell any of the Company’s software to third parties.
The license is for personal use only, and you may not modify, decompile, or reverse- engineer the software unless specifically authorized by law or by the Company.
8. Limitation of Liability and No Refund Policy
To the fullest extent permitted by law, 521 Forex Pty Ltd and its affiliates, employees, agents, directors, and partners shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, or any loss of profits, income, data, or any other financial or non-financial loss arising out of or in connection with the use of its Services. This includes but is not limited to damages resulting from the use of trading robots, automated systems, mentorship programs, software, indicators, or any other products or services provided by the Company.
No Refund Policy:
All purchases are final. Once a purchase is made for any product or service offered by 521 Forex Pty Ltd, including trading robots, software, mentorship programs, or indicators, you acknowledge and agree that you will not be entitled to any refunds under any circumstances.
This No Refund Policy applies regardless of the outcome or success of the services provided, including any potential trading losses or dissatisfaction with performance.
You accept full responsibility for your trading decisions and the results of using the services provided. 521 Forex Pty Ltd will not issue refunds, exchanges, or credits for any reason, including but not limited to failure to achieve desired results, dissatisfaction with services, or losses incurred from using the products or services.
Limitation of Liability:
The maximum liability of the Company, under any circumstances, is limited to $0. This means that regardless of any claims, disputes, damages, or issues arising from the use of the Company’s services or products, 521 Forex Pty Ltd will not be liable for any compensation, damages, or financial restitution.
In the event that any product or service provided by 521 Forex Pty Ltd is defective or fails to function as intended, the Company’s sole obligation, at its discretion, will be to either provide a replacement or offer alternative services of equivalent value, but no refund or financial restitution will be issued.
9. Indemnification
You agree to indemnify, defend, and hold harmless 521 Forex Pty Ltd, its affiliates, employees, directors, agents, and partners from and against any and all claims, losses, liabilities, damages, and expenses (including legal fees) arising out of your use of the Services, or your violation of any of these Terms and Conditions.
10. Modification and Termination of Services
521 Forex Pty Ltd reserves the right to modify, suspend, or discontinue any of its Services at any time without prior notice.
You acknowledge that the Company may, at its sole discretion, suspend or terminate your access to the Services if you violate any of these Terms and Conditions.
The Company will not be liable to you or any third party for any modification, suspension, or termination of the Services.
11. Privacy and Data Protection
Your use of the Services is subject to our Privacy Policy, which outlines how we collect, use, and protect your personal information. By using our Services, you consent to the practices described in our Privacy Policy.
12. Governing Law
These Terms and Conditions shall be governed by and construed in accordance with the laws of South Africa, without regard to its conflict of law principles.
You agree to submit to the exclusive jurisdiction of the courts located in South Africa for any disputes arising out of or in connection with these Terms and Conditions.
13. Severability
If any provision of these Terms and Conditions is found to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect.
14. Entire Agreement
These Terms and Conditions, along with the Privacy Policy, Liability Disclaimer, and any other documents incorporated by reference, constitute the entire agreement between you and 521 Forex Pty Ltd concerning the use of the Services. If there is a conflict between these Terms and Conditions and any other documents or communications, these Terms and Conditions shall prevail.
15. Contact Information
If you have any questions or concerns regarding these Terms and Conditions, please contact us at:
521 Forex Pty Ltd 96 Trinity Street
Email: support@521forex.co.za Phone: 081 014 0264
16. Agreement to Terms
By accessing or using any of the Services provided by 521 Forex Pty Ltd, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.
LIABILITY DISCLAIMER
1. General Disclaimer of Liability:
By using the services of 521 Forex Pty Ltd (“the Company”), including but not limited to trading robots, automated systems, mentorship programs, educational materials,
indicators, or any other products or services provided, you agree to the following terms regarding liability. 521 Forex Pty Ltd and its affiliates, employees, directors, agents, and partners shall not be held liable for any direct, indirect, incidental, consequential, special, or punitive damages, or any loss of profits, loss of income, loss of opportunity, or loss of
data, arising from the use or inability to use its services.
2. Risk Acknowledgment:
You acknowledge and agree that all trading, investment, and financial activities, including the use of trading robots, systems, and other tools provided by the Company, involve a significant risk of loss. The past performance of any trading system, strategy, or financial product does not guarantee future results, and you accept that you bear full responsibility for any financial losses incurred as a result of your trading activities. The Company shall not be liable for any financial losses resulting from the use of its services, products, or tools.
3. Use of Services at Your Own Risk:
The Company provides its services on an “as-is” and “as-available” basis. You agree to use the services at your own risk. 521 Forex Pty Ltd does not make any representations or warranties, either express or implied, regarding the accuracy, reliability, completeness, or performance of its services. The Company makes no warranty that its services will meet your specific requirements, operate without interruption, or be error-free.
4. No Guarantee of Profit or Success:
While the Company offers various tools, indicators, and mentorship programs designed to assist you in improving your trading skills, 521 Forex Pty Ltd makes no guarantees regarding the profitability, success, or performance of any strategy or tool offered. The Company
does not guarantee any specific financial return or performance outcome from the use of its services. You are solely responsible for any decisions made based on the information, tools, or services provided by the Company.
5. Third-Party Services and Links:
In the course of providing its services, the Company may include links or references to third-party websites, products, or services. 521 Forex Pty Ltd does not control, endorse, or take responsibility for the content, accuracy, or legality of any third-party websites or services. Any transactions or interactions with third parties are solely between you and those third parties, and the Company shall not be held liable for any issues that arise from such interactions.
6. No Financial or Investment Advice:
The services provided by 521 Forex Pty Ltd, including trading robots, systems, mentorship programs, and educational materials, are not financial or investment advice. You should seek the advice of a qualified financial advisor before making any investment or trading
decisions. The Company does not take responsibility for any financial decisions you make based on the information or services provided.
7. Indemnification:
You agree to indemnify, defend, and hold harmless 521 Forex Pty Ltd, its affiliates, employees, directors, agents, and partners from any and all claims, losses, liabilities, damages, or expenses (including legal fees) arising from your use of the Company’s services or products, or from any violation of these terms and conditions. This
indemnification will apply to the fullest extent permitted by law.
8. Limitation of Liability:
The maximum liability of the Company, under any circumstances, is limited to $0. This means that regardless of any claims, disputes, damages, or issues arising from the use of the Company’s services or products, 521 Forex Pty Ltd will not be liable for any compensation, damages, or financial restitution.
In the event that any product or service provided by 521 Forex Pty Ltd is defective or fails to function as intended, the Company’s sole obligation, at its discretion, will be to either provide a replacement or offer alternative services of equivalent value, but no refund or financial restitution will be issued.
9. No Responsibility for External Factors:
The Company is not responsible for any delays, disruptions, or failures in performance due to causes beyond its control, including but not limited to network failures, internet
disruptions, software bugs, technical failures, or governmental actions.
10. Acknowledgment of Understanding:
By using the services provided by 521 Forex Pty Ltd, you acknowledge that you have read, understood, and agreed to the terms of this Liability Disclaimer. You further acknowledge that you fully accept the risks involved in using these services and agree to hold the Company harmless from any financial or legal consequences that may arise from your use
of the services
DISCLAIMER:
1. General Risk Warning:
Trading in financial markets, including the forex market, involves a high level of risk and may not be suitable for all investors. The use of trading robots, mentorship programs, and indicators offered by 521 Forex Pty Ltd (“the Company”) carries inherent risk, and you should carefully consider your financial situation and risk tolerance before engaging in any form of trading. Past performance is not indicative of future results.
2. Trading Robots and Automated Systems:
The trading robots and automated systems provided by the Company are designed to assist in executing trades but do not guarantee profits. The performance of these systems depends on various market conditions, and there is no assurance that the system will perform profitably at all times. The Company does not accept any responsibility for any losses incurred through the use of its trading robots, automated systems, or any other services provided. The Company makes no representations or warranties regarding the reliability, accuracy, or performance of its trading robots or systems.
3. Bootcamp Mentorship:
The bootcamp mentorship provided by 521 Forex Pty Ltd offers educational resources to help individuals improve their understanding of forex trading. The mentorship program is designed to provide guidance and support but does not guarantee that participants will make profits or succeed in trading. The Company will not be held responsible for any losses or financial consequences arising from trading decisions made by participants based on information or advice provided during the mentorship program.
4. Indicators and Technical Analysis Tools:
The indicators and technical analysis tools offered by the Company are intended for educational and informational purposes only. While these tools may provide valuable
insights, their use does not guarantee success in trading. The Company will not be liable for any losses, damages, or financial consequences resulting from the use of these
indicators or tools.
5. Software Licensing:
All software, including trading robots, automated systems, and any associated tools provided by 521 Forex Pty Ltd, are licensed per account. Each license is valid only for the account under which it was purchased and is non-transferable. Users are prohibited from sharing, distributing, or reselling the software to third parties. The software is licensed for use solely by the purchaser of the license and is subject to the terms and conditions set forth by the Company.
6. No Financial Advice:
521 Forex Pty Ltd and its employees, affiliates, or partners do not provide financial advice. The materials and services provided are for educational purposes only, and individuals should seek the advice of a qualified financial advisor before making any investment
decisions.
7. Liability Disclaimer:
By using the services provided by 521 Forex Pty Ltd, including trading robots, mentorship, and indicators, you agree that the Company, its affiliates, employees, and partners shall not be held liable for any losses, damages, or financial consequences arising from the use of these services. The Company accepts no responsibility for any trading losses incurred, whether due to the use of its trading robots, mentorship programs, indicators, or any other service provided.
8. No Refund Policy:
All payments made for services, including but not limited to trading robots, mentorship programs, and indicators, are non-refundable. Once a purchase is made, you acknowledge that you have reviewed the services and agree to the terms of this No Refund Policy. The Company will not issue refunds under any circumstances, regardless of the outcome of the services provided. By purchasing any of our services, you confirm your understanding and acceptance of this policy.
9. Regulatory Compliance:
It is your responsibility to ensure that any trading activity complies with the regulations in your jurisdiction. The Company does not provide services to residents of certain
jurisdictions where such services may be prohibited by law.
10. Risk of Loss:
Trading involves significant risk, and you should only trade with money that you can afford to lose. There is no guarantee of profits, and you may lose part or all of your invested capital. You acknowledge that by using the services of the Company, you do so at your own risk and accept full responsibility for any and all trading losses.
11. Modification and Termination of Services:
521 Forex Pty Ltd reserves the right to modify, suspend, or discontinue any of its services, including trading robots, mentorship, and indicators, at any time without prior notice.
12. Agreement to Terms:
By using any of the services provided by 521 Forex Pty Ltd, including but not limited to trading robots, mentorship programs, and indicators, you automatically agree to and
accept all terms and conditions outlined in this disclaimer, including the No Refund Policy, the Software Licensing Terms, and the Liability Disclaimer. This agreement is binding whether or not you have explicitly signed a contract or agreement. Your use of the services constitutes your acknowledgment that you have read, understood, and accepted these terms