Terms & Conditions of Service as set forth herein shall govern the relationship between the Participant and the Fund and are effective immediately after the Participant has made a deposit with the online Trade program provided by the Fund, and shall be valid till the deposit term expires.
The Participant must be of legal age in his country of residence to be able to create an account with Localcoin Exchange, and in all the cases the Participant's minimal age must be 18 years.
The Trade scheme and the participation in it may be restricted or limited in different jurisdictions. It is understood that it is the responsibility of the Participant to get aware of and to comply with all the legal provisions and regulations in force in his country of residence with respect to the Trade practices and procedures, exchange controls, taxes and related matters.
The Fund does not offer advices on the suitability of the Fund's services for the Participant's individual needs, nor does the Fund provides for any judgment on the Participant's behalf, relating to government or tax regulations in particular. It is the responsibility of the Tradeor to take independent assessment as to the suitability of said Trade scheme for the Participant's particular circumstances. No information on the Fund's web site is to be considered as a solicitation or an offer to participate in Trade schemes the Fund provides.
Every deposit is considered to be a private transaction between the Fund and the Participant. As a private transaction, this program is exempt from the US Securities Act of 1933, the US Securities Exchange Act of 1934 and the US Trade Company Act of 1940 and all other rules, regulations and amendments thereof.
Deposits are accepted and paid through Perfect Money, Payeer, PayPal and BitCoin payment systems. The Fund may consider accepting funds via other payment methods and/or e-currencies when appropriate.
Minimum deposit amount is $100.00 and $1,000,000 is the maximum deposit amount the Participant can allocate with the Fund during one day. There is no limit as per the number of deposits the Participant can make as long as maximum daily limit is not exceeded.
Deposits shall begin to earn interest the next business day after they have been placed.
The Participant is provided with a fixed daily interest or return at the rate that depends on the amount of deposit and particular invesment fund terms. Interests and returns are credited to the Tradeor's account balance daily Monday to Sunday, or lumpsum at maturity, depending on Trade fund chosen.
The principal amount of deposit is locked in during the whole Trade period and can only be withdrawn after the term completion unless included into daily payments. It is credited to the Participant's account balance at the date of maturity, and is available for disposal anytime thereafter.
The funds available at the Participant's account balance bear no interest and are available for withdrawal, or can be deposited again at the Participant's discretion.
Withdrawals are processed on daily basis - Monday to Sunday directly to the Participant's e-currency account within 24 hours after withdrawal request has been submitted. Large withdrawals of interest and principal may take up to 2 business days to process subject to availability of correspondent e-currency reserves.
All interest payments and principal withdrawals shall be paid tax- free at source. The Participant understands and agrees that it is his sole responsibility to comply with any laws or regulations regarding the establishment of an account or any interest and withdrawal paid thereon in the Participant's jurisdiction.
he Fund strictly prohibits sending unsolicited mass e-mails of any kind. Use of spam will not be tolerated and the Fund will terminate an account of any Participant who is caught at sending unsolicited advertising messages that harm the Fund reputation.
The Fund collects, retains and uses information about the Participant only for technical and administrative purposes. All collected data will be kept private and will not be exposed to any third parties without the permission of the Participant unless a legal court order is presented.
The Participant agrees to keep all information about his relations with the Fund including transaction details, private correspondence, newsletters private and not to expose it on public.
The Fund will not be liable for any losses arising from delay in the transmission of funds due to causes beyond its control. The Fund will not be held responsible for any losses or damages occurring as a result of military force, political intervention, the prescriptions of domestic or foreign authorities or events occurring as a result of catastrophe or Act of God.
The Fund will not be liable for any losses arising from failure of the Participant to hold his computer systems free from malicious software used by third parties to get unauthorized access to Participant's account. It is Participant's sole responsibility to check his system for trojans, key loggers and other malware.
The Participant agrees to hold the Fund harmless of any liability regarding possible loss of Participant's funds during Trade process. The Participant understands that he is Tradeing at his own risk and that past Fund performance is not an explicit guarantee for the same future results.
By creating an account with Localcoin Exchange online Trade platform you agree to be bound by the Terms and Conditions above. If you don't agree, please, do not go any further.