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Terms and conditions

1. Ownership and Agreement
Alvines Capital is solely owned by Trade and Merchant Trust Limited. You should read these terms and conditions carefully before completing registration (and if applicable, installation of the company’s proprietary software).

By clicking ‘Accept’, ‘I Agree’, or ‘Continue’ (as the case may be), and therefore registering and/or using the company’s services, you confirm and acknowledge that:

  • You have read these Terms of Use and the End User License Agreement.
  • You understand its content.
  • You agree to be bound by all of its terms and conditions.

If you do not agree to any or all of the terms and conditions set forth in this agreement, do not access or use this website.

2. Overview of Services

2.1 The Company
Alvines Capital Limited operates an online system facilitating the execution of certain transactions of Financial Contracts. This includes:

  • Use of the company’s website and system.
  • Access to electronic content/software providing real-time pricing and exchange rates.
  • Services for executing Financial Contracts and foreign currency trading transactions.

The company provides services directly to its customers and through authorized local representatives where applicable. Representatives are listed in the attached Designated Representatives Exhibit.

2.2 Key Definitions

2.2.1 System
The electronic system designed to facilitate trading in Financial Contracts via the Alvines Capital Limited platform.

2.2.2 Financial Contract
A contract to purchase Forex, CFDs, or other financial offerings available through the platform.

2.2.3 Cryptocurrency (or Crypto)
A digital or virtual currency using cryptography for security, often decentralized and based on blockchain technology.

2.2.4 Contract Price
Rates offered by the system, based on indicative rates from financial information systems.

2.2.5 Markets
International financial, commodities, and applicable markets where contract rates are fixed through free trade.

2.2.6 Business Day
One calendar day beginning at 00:00 and ending at 23:59 GMT.

2.2.7 Transaction
The purchase or sale of a Financial Contract at a fixed price.

2.2.8 Closing
A reversed transaction to close an open position (e.g., selling a previously purchased financial contract).

2.2.9 Collateral
The initial sum deposited, adjusted for losses, withdrawals, and profits from transactions.

2.2.10 Trading Manual
A manual detailing the procedures and terms for transactions.

3. Membership Eligibility

  • Services are available only to individuals or companies capable of forming legally binding contracts under applicable laws.
  • Users must be at least 18 years old and not classified as minors under their country’s laws.
  • Services are only for individuals with sufficient experience and knowledge in financial matters to evaluate the risks and merits of acquiring Financial Contracts.

Important Notes:

  • The company is not responsible for verifying users’ knowledge or experience.
  • Any information published on the website should be independently verified by the user.
  • If you lack the knowledge, experience, or ability to execute informed transactions, DO NOT USE THIS WEBSITE OR SYSTEM.

4. The Account

4.1 Account Setup

  • Upon execution of this Agreement, the Company shall set up an account in your name within the System.
  • The account details shall be based on the information you provide.
  • You must ensure that the information is complete, true, and accurate. Providing misleading information may result in immediate account closure or activity cessation.
  • Upon completing your identification process, the Company may report you as the beneficiary of the applicable account held by the financial institution where Collateral funds are deposited.


4.2 Authorization

  • By accepting this Agreement, you authorize the Company to carry out orders and activities in accordance with your instructions.
  • The Company may act based on instructions from your authorized agents, provided these are in writing or oral, subject to the powers granted by this Agreement.


4.3 Collateral Requirement

  • Executing any Transaction requires you to deposit sufficient Collateral.
  • Transactions will not be allowed if:
    1. No Collateral is deposited.
    2. The Collateral is insufficient.
  • The Company may:
    • Decrease your exposure in Transactions.
    • Request additional Collateral to rectify deficiencies.
    • Deduct from profits if Collateral was not deposited beforehand.


4.4 Amendments by the Company

  • The Company reserves the right to amend the terms governing System usage, Service scope, and required Collateral.
  • Changes will not apply retrospectively and only affect Transactions made after the changes take effect.

4.5 Access Code

  • Upon account opening, the Company will issue a confidential Access Code for account operation.
  • You must safeguard the Access Code and waive claims regarding unauthorized use of it.

4.6 Terms for Financial Contracts

  • Acquisitions must comply with the latest terms presented on the Company’s site.
  • Financial Contracts are finalized when:
    1. Customization is complete.
    2. Premium is calculated.
    3. Payment is verified.

4.7 Spread Adjustments

  • The Company reserves the right to adjust spreads retroactively if errors are identified.

4.8 Rollovers (Swaps)

Definition:

  • Rollover (Swap) is interest paid or earned for holding a position overnight.

Booking Times:

  • Positions held at 00:00 (GMT) are subject to rollover.
  • No rollover on weekends; triple swaps are applied on Wednesdays.

Holiday Rollover:

  • Extra rollover is added two business days before a holiday affecting traded currencies.

Example:

  • If the euro interest rate is 1% and the USD rate is 0.25%, you:
    • Earn rollover (positive) by buying EUR/USD.
    • Pay rollover (negative) by selling EUR/USD.

4.9 Dedicated Account Manager

  • The Company may provide a Dedicated Account Manager to offer:
    • Research and advice on financial markets.
    • Trading recommendations based on personal analysis.
  • Decisions to trade are made at your discretion, and the Company is not responsible for profits or losses resulting from this service.

5. Bonus Terms and Conditions

5.1 General Policy

  • Alvines Capital Limited offers bonuses and trading credits as part of promotions.
  • Bonus terms must be reviewed and accepted before participation.

5.2 Withdrawal Restrictions

  • Bonuses cannot be withdrawn until the Term or Period ends.
  • To withdraw the bonus, you must achieve a trading turnover of 5000 times the combined value of the deposit and bonus.
    • Example: A $1,000 deposit + $250 bonus requires a $6,250,000 turnover.

5.3 Bonus Activity Monitoring

  • Trading volume starts counting towards the withdrawal requirement upon receiving the bonus.

5.4 Fraudulent Activity

  • Fraud, manipulation, or arbitrage linked to bonuses will result in account suspension.

5.5 One Bonus Policy

  • Clients may only accept one introductory bonus per account. Duplicate accounts will be closed.

5.6 Bonus Declination

  • Clients may decline bonuses during initial deposit.
  • Mistakenly accepted bonuses must be reported within 5 business days to have them removed.

5.7 Protected Positions Offer

  • The FTD5 Promotional Offer applies to new accounts with deposits of $200 or more.
  • Key conditions:
    • First 5 trades are protected up to leverage of 1:20.
    • Minimum position lot size: 0.05; maximum: 0.10.
    • Positions must be closed within 48–72 hours.

6. Company Warranties and Undertakings

The Company hereby warrants and undertakes the following:

6.1. Skills and Expertise

  • The Company possesses the required skills and expertise to provide the Services.

6.2. Agent Relationship

  • Under no circumstances shall the Company, or anyone acting on its behalf, act or be deemed to act as an agent, trustee, or broker for you when executing Transactions in the System.

6.3. Financial Advice Disclaimer

  • The Company does not provide financial advice to you or its customers.
  • Information on the Company’s website, System, emails, or newsletters is not intended as financial or investment advice.
  • The Company accepts no liability or responsibility for the accuracy or comprehensiveness of the information provided.
  • It is solely your responsibility to conduct independent inquiries before making any financial decisions.

6.4. Liability Exclusion

  • The Company shall not be liable for any claims, losses, expenses, or damages incurred as a result of reliance on its information.

6.5. Maximum Loss

  • The maximum loss you may incur while using the System is limited to the amount of money you have paid to the Company as Collateral or any sums in your account used to purchase Financial Contracts.

6.6. Non-Transferability of Contracts

  • The Company does not provide a market among or between customers for investments, securities, derivatives, or speculations.
  • Each Financial Contract purchased via the System is an individual agreement between you and the Company.
  • Financial Contracts are not securities and are non-transferable, negotiable, or assignable to third parties.

7. Company Rights Regarding Account Operations

The Company reserves the right to suspend site operations or specific sections under the following circumstances:

7.1. Extraordinary Events

  • Due to political, economic, military, or monetary events (e.g., market volatility or illiquidity) or any circumstances beyond the Company’s control that could materially and adversely affect your or the Company’s interests.
  • When the Company deems it impractical to calculate prices for financial betting contracts.

7.2. Communication Breakdown

  • If there is a breakdown in the communication systems used to determine the price or value of financial betting contracts, or when such prices or values cannot be promptly or accurately ascertained.

7.3. System Abuse or Manipulation

  • If the Company suspects that you have abused or manipulated the System, including affecting or manipulating the price of a specific Contract.

7.4. Actions in Extraordinary Circumstances

  • In cases of extraordinary events or suspected abuse (excluding System manipulation), the Company may close open financial betting contracts at prices it deems fair and reasonable, at its sole discretion, without entertaining claims.

7.5. Account Operations and Penalties

  • Account operations are personal, and third-party operations are not authorized.
  • Simultaneous access to trading accounts from different IPs is prohibited.
  • Violations may result in fines of up to €1,000 per unauthorized trade and account suspension for a minimum of 90 days and up to 180 days.
  • If abuse or manipulation is confirmed, the Company reserves the right to:
    • Block the trading account indefinitely.
    • Continue investigations and withhold related funds indefinitely.

7.6. Measures for Abuse or Manipulation

  • The Company may take any measures it deems fit and appropriate if abuse or manipulation of the System is confirmed.

8. Warranties and Undertakings

You hereby warrant and undertake the following:

8.1. Accuracy of Information

  • All details provided by you to the Company are true, complete, and accurate.
  • You confirm that you are over the age of 18 (or the required legal age in your country of residence).
  • You are an experienced investor with sufficient financial knowledge and experience to evaluate the risks outlined in this Agreement.

8.2. Account Ownership
You shall be the sole owner and beneficiary of the account.

8.3. Compliance with Local Laws

  • You acknowledge that the Company operates under the applicable local laws of Vanuatu.
  • It is your responsibility to ensure that your activities comply with the laws, regulations, or directives of your country of residence.
  • Access to the Company’s website does not guarantee the legality of your activities under your local laws.

8.4. Source of Funds

  • All funds deposited in your account are of legal origin and not proceeds of any criminal activity (e.g., drug trafficking, illegal arms trade, or terrorism).
  • Funds are used solely as collateral for your transactions in the System and are not invested on your behalf by the Company.

8.5. Risk Awareness
You acknowledge the risks involved in transactions and confirm that you have read and understood the Risk Factors Disclosure section.

8.6. Responsibility for Account Activity

  • You are solely responsible for all actions and orders executed in your account, regardless of who initiated them.
  • You shall indemnify the Company for any losses incurred due to your failure to perform or settle transactions.

8.7. Technical and Equipment Responsibility

  • The Company is not liable for malfunctions of your equipment, internet connection, or software.
  • You are responsible for ensuring the security of your devices and for covering access and service costs.

8.8. Cancel Feature Abuse

  • Abusing the cancel feature (e.g., canceling more than 20% of executed options within a trading period) may result in account suspension or canceled positions.

8.9. Website Accessibility

  • The Company does not guarantee uninterrupted or error-free access to the website.
  • It is not responsible for operational failures due to faults in information systems.

8.10. Tax Reporting
You are solely responsible for reporting your activities to the relevant tax authorities and paying applicable taxes.

8.11. Anti-Money Laundering Compliance
The Company employs anti-money laundering procedures, which include:

  • Providing accurate identity information during account registration.
  • Ensuring winnings are paid to the account owner and not third parties.
  • Maintaining only one account per person.
  • Providing proof of identity upon request.

8.12. Agreement Acknowledgment
You confirm that you have read and understood this Agreement, including its implications and associated risks.

8.13. Complaints and Dispute Resolution

  • Complaints must first be addressed with the Company within 45 days of the incident.
  • If unresolved, you may escalate the complaint to the Financial Commission by emailing support@alvinescapital.com

9. Collateral

9.1. To begin using the System for Transactions, you must transfer funds to an account designated by the Company. These funds will serve as collateral for the Transactions outlined in this agreement.

9.2. The Company retains all rights and authority over the Collateral until you withdraw it.

9.3. Profits from your Transactions will be added to your account as supplementary collateral. Conversely, any losses incurred from your Transactions will be deducted from your account.

9.4. To clarify, your credit balance will not accrue any interest.

10. Additional Deposits, Withdrawals, and Account Closure

10.1. To withdraw available Collateral (including accrued profits, but excluding future profits), you must provide the Company with at least seven business days’ written notice.

10.2. You can deposit additional funds to your account at any time to increase your Collateral for Transactions. All terms of this Agreement will apply to these additional funds.

11. Duly Authorized Persons

11.1. You can inform the Company of any individuals you have authorized to communicate with the Company on your behalf. This information must be submitted to the Company in writing, including the names, identification details, and signature specimens of each authorized person. You can also revoke this authority in writing.

11.2. Orders to execute Transactions received from any authorized representative, whether written or verbal, will be binding on both you and the Company.

12. Recording of Telephone Conversations and Record Keeping

12.1. The Company or its authorized representatives may (but are not obligated to) record all telephone conversations.

12.2. The Company or its authorized representatives will retain copies of all written orders received from you for a period determined at their sole discretion. They will also maintain records of all your Transactions.

12.3. The Company may use these records/recordings for any purpose it deems appropriate, including resolving disputes between the Parties.

12.4. These records/recordings are the sole property of the Company, and they are not obligated to provide copies to anyone. If the Company is legally required to provide copies of your account records or documentation, you will be responsible for the full cost of duplication in accordance with the Company’s official price list.

13. Risks and Liability

13.1. All Transactions are conducted on your behalf and at your own risk. Neither the Company nor its authorized representatives will be held liable for any losses, damages, or debts incurred by you as a direct or indirect result of actions taken under this Agreement. To clarify, any claim you may make cannot exceed your Collateral.

13.2. You acknowledge that a fundamental condition of this Agreement is the Company’s right to close any Transaction you have executed if your portfolio value falls to zero or below, as calculated based on fluctuations in Financial Contract prices. This can be done without prior notice.

14. Reports

Upon your request, the Company or its authorized representatives will provide you with reports on all your Transactions and your current Collateral amount.

15. Commissions and Charges

You will not be charged any commissions by the Company for any Transactions executed unless otherwise agreed upon by both Parties.

16. Transactions and Trade Characteristics

16.1. Each Transaction will be executed in accordance with the procedures outlined in the Trading Manual. Your acceptance of a Transaction and the deposit of Collateral for that Transaction constitute sufficient consideration.

16.2. The Company’s acceptance of your instructions and facilitation of Financial Contracts will be consistent with customary practices in the international financial markets and for the type of Contracts you execute using the System.

17. Stop of Trade, Inaccurate Quotes, Force Majeure

17.1. You understand that trading facilities provided by the System may be halted or suspended at any time without prior notice due to circumstances beyond the Company’s control. In such cases, the Company or its authorized representatives may close any open positions you may have (by performing a Reverse Transaction) at fair market value, reflecting the applicable prices of the relevant Contracts as closely as possible. You waive any claims of indemnification/suits/causes of action against the Company in such events, and you acknowledge that this waiver is a precondition for the validity of this Agreement.

17.2. The Company reserves the right, with prior written notice to you, to cancel any Transaction that, due to a System and/or human error (whether under the Company’s control or not), was executed at a price that was not the indicative and/or accurate price of that Financial Contract at the time of the Transaction.

18. Settlements and Payments

18.1. Funds Transfer:

  • No funds or assets shall be transferred between parties regarding any Transaction, except:
    • Settlement of your losses, deducted by the Company or an authorized party from Collateral.
    • Payments of accrued profits made to you by the Company or an authorized party.

18.2. Currency Exchange:

  • The Company does not provide currency exchange services.
  • Your Collateral will be repaid in the same currency you deposited.

18.3. Payment Timeframe:

  • All payments you demand must be transferred within seven (7) business days of your request.

18.4. Withdrawal Instructions:

  • To withdraw funds:
    • Complete, sign, and return the “Request for release of funds” form to the Company.
    • No funds will be released without the signed form.
  • Withdrawal Requirements:
    • Minimum withdrawal: €100 / $
    • Startup withdrawal cost: €20 / $ (if applicable)
    • All KYC documentation must be in order.
    • Open positions may require sufficient available capital.
    • The Broker reserves the right to check spread and swap application on closed positions.
    • Withdrawals exceeding available margin and assets require an authorization email acknowledging the risk of sub-capitalization.
  • Processing Time:
    • Withdrawals are processed within 48 hours (excluding weekends and holidays).

18.5. Refund Policy:

  • Unused funds in your Alvines Capital Limited account will be fully refunded.

19. Intellectual Property

19.1. Ownership:

  • This website belongs to us or third parties, including our licensors.
  • Content may include copyrighted or trademarked names, terms, and data.
  • The absence of a copyright or trademark symbol does not negate ownership.

19.2. Third-Party Intellectual Property:

  • Third-party intellectual property used on our website does not imply sponsorship, endorsement, or affiliation.

19.3. Reproduction Restrictions:

  • No information or content can be reproduced, adapted, uploaded, linked, framed, performed, distributed, or transmitted without our written consent, except as permitted by Vanuatu law or these Terms and Conditions.

19.4. Prohibited Uses:

  • You agree not to “deep-link” to the website, resell access, or copy materials for resale without written consent.
  • You are responsible for any unauthorized use of the site.

20. Acceptable Use

  • You agree to use information received from the Company’s information systems solely for executing Transactions within the Company’s website or system.
  • You agree not to use any electronic communication feature for unlawful, tortuous, abusive, intrusive, harassing, libelous, defamatory, embarrassing, obscene, threatening, or hateful purposes.

21. Account Termination

  • The license granted under this Agreement may be terminated if:
    • Information provided by you is inaccurate or outdated.
    • You fail to comply with these Terms and Conditions or any Service rules.
  • The Company may terminate your access to any or all Services at its sole discretion.

22. Ownership

The license granted to you by the Company in this Agreement to use the Software, will remain in effect for so long as this Agreement or any amended agreement which replaces it from time to time, also remains in full force and effect. Ownership of the Software, Documentation and all intellectual property rights therein shall remain at all times with the Company. Any other use of the Software by any person, business, corporation, government organization or any other entity is strictly forbidden and is a violation of this Agreement.  

23. Proprietary Protection

The Website, Software and Documentation contain material that is protected by international copyright, trade secrets and trademark laws, and by applicable international treaty provisions. All rights not granted to you herein are expressly reserved by the Company or its applicable licensor, suppliers or partners. You may not remove any proprietary notice of the Company from any copy of the Software or Documentation.  

24. Restrictions

24.1 Restrictions on Software Use  

You may not publish, display, disclose, rent, lease, modify, loan, distribute, or create derivative works based on the Software or any part thereof. You may not reverse engineer, decompile, translate, adapt, or disassemble the Software, nor shall you attempt to create the source code from the object code for the Software. You may transfer the Software to other computers that you own, as long as you only use it on one computer at a time.  

24.2 Geographic Restrictions

Alvines Capital doesn’t provide Investment services in EU, USA, Canada, Iran, Iraq, Armenia, Azerbaijan, UK.

25. Hyperlinks

The Company may provide links to other sites that are controlled or offered by third parties. Such a link to a site(s) is not an endorsement, authorization, sponsorship or affiliation with respect to such site, its owners or its providers.  

26. Disclaimer of Liability for Third-Party Sites

The Company cautions you to make sure you understand the risks involved in using those site(s) before retrieving, using, relying upon or purchasing anything via the Internet. Links to these websites are provided solely 1 for your convenience, and you agree that under no circumstances will you hold 2 the Company liable for any loss or damage caused by use of or reliance on any content, goods or services available on 3 other sites.

27. Current and Binding Form

You acknowledge and agree that the Company may update and/or adjust and/or amend the terms of this Agreement from time to time according to the needs of its activity and in its sole discretion, provided however that the accurate and current binding form shall be published and accessible to you on the Company’s Website. The binding form of this Agreement shall be in accordance with the current form in force at any applicable time.

28. Confidentiality

You acknowledge that the Software contains proprietary trade secrets of the Company and you hereby agree to maintain the confidentiality of the Software using at least as great a degree of care as you use to maintain the confidentiality of your own most confidential information. You agree to reasonably communicate the terms and conditions of this Agreement to those persons employed by you who come into contact with the Software, and to use best efforts to ensure their compliance with such terms and conditions.

29. Limited Warranty

ANY USE BY YOU OF THE COMPANY’S WEBSITE AND SOFTWARE IS AT YOUR OWN RISK. THE WEBSITE AND SOFTWARE ARE PROVIDED “AS IS” WITHOUT WARRANTY OR REPRESENTATION OF ANY KIND WHATSOEVER BY THE COMPANY INCLUDING BUT NOT LIMITED TO MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COMPANY DISCLAIMS ALL WARRANTIES OF ANY KIND, BOTH EXPRESS AND IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. THE COMPANY DOES NOT WARRANT THAT THE FUNCTIONS CONTAINED IN THE SOFTWARE WILL MEET ANY REQUIREMENTS OR NEEDS YOU MAY HAVE, OR THAT THE SOFTWARE WILL OPERATE ERROR FREE, OR IN AN UNINTERRUPTED FASHION, OR THAT ANY DEFECTS OR ERRORS IN THE SOFTWARE WILL BE CORRECTED, OR THAT THE SOFTWARE IS COMPATIBLE WITH ANY PARTICULAR PLATFORM. YOU ACKNOWLEDGE THAT GOOD DATA PROCESSING PROCEDURE DICTATES THAT ANY PROGRAM INCLUDING THE SOFTWARE MUST BE THOROUGHLY TESTED WITH NON-CRITICAL DATA BEFORE YOU RELY ON IT, AND YOU HEREBY ASSUME THE ENTIRE RISK OF USING THE SOFTWARE. THIS DISCLAIMER OF WARRANTY CONSTITUTES AN ESSENTIAL PART OF THIS LICENSE. SOME JURISDICTIONS DO NOT ALLOW THE WAIVER OR EXCLUSION OF IMPLIED WARRANTIES SO THEY MAY NOT APPLY TO YOU.

30. Limitation of Liability

IN NO EVENT SHALL THE COMPANY ITS OFFICERS, DIRECTORS OR EMPLOYEES BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY INCIDENTAL OR CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, INDIRECT, SPECIAL, PUNITIVE, OR EXEMPLARY DAMAGES FOR LOSS OF BUSINESS, LOSS OF PROFITS, BUSINESS INTERRUPTION, OR LOSS OF BUSINESS INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE SOFTWARE, OR FOR ANY CLAIM BY ANY OTHER PARTY, EVEN IF THE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE COMPANY’S AGGREGATE LIABILITY WITH RESPECT TO ITS OBLIGATIONS UNDER THIS AGREEMENT OR OTHERWISE WITH RESPECT TO THE SOFTWARE AND DOCUMENTATION SHALL NOT EXCEED THE AMOUNT OF THE FEES PAID BY YOU FOR THE USE OF THE SOFTWARE AND DOCUMENTATION. BECAUSE SOME STATES/COUNTRIES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, THE ABOVE LIMITATION MAY NOT APPLY TO YOU.

31. Privacy Statement

The Company regards the privacy of its Customers and protection of information concerning them of prime importance. We store and process your information on servers where they are protected by both physical and technological security measures. If you object to your information being treated in this way, please do not use our services. We shall not sell or rent your personal information to third parties for any purposes without your explicit consent and we shall only use your information as described in our Privacy Policy. However, by accepting this Agreement you consent to the receipt of promotional and advertising material which will be sent to you by us, whether our own or of any other third party.

32. Termination of Agreement

32.1. The Company may terminate this Agreement at any time by giving you notice to this effect. 32.2. You may terminate this Agreement at any time by giving the Company a 48 hours advanced notice by mail. 32.3. Termination of the Agreement by any of the Parties shall require you to close all open positions by executing the required Transactions. 32.4. As of the date of the termination notice by you, you may not execute any new Transactions, which shall open new positions in his account.

33. Miscellaneous

33.1. This Agreement, including all Sections listed herein, comprises the entire and exclusive agreement of the Parties with respect to the subject matter hereof and supersedes any and all prior and contemporaneous agreements, understandings, arrangements, proposals or representations whether written or oral, heretofore made between the Parties and relating to this subject matter. In the event that Customer is comprised of several entities or individuals, the terms of this Agreement shall bind all of them jointly and severally.

33.2. All obligations under this Agreement shall be performed by and between the Parties. This Agreement does not create any rights on behalf of, or to the benefit of, any other third party not a signatory hereto.

33.3. You may not transfer this Agreement or any of your rights or obligations hereunder to any third party.

33.4. The Company or an authorized party on its behalf may send to you any notices and documents by post, telex, courier, e-mail or by fax, as it deems fit. Any notice to be sent by you to the Company shall be sent by certified mail or by courier. Such notice shall be effective upon its actual receipt by the Company.

33.5. This Agreement shall be construed and enforced in accordance with, and shall be governed by Vanuatu, notwithstanding any conflicts of laws principles. Each of the Parties hereby irrevocably (i) consents to any suit, legal action or proceeding with respect to this Agreement being brought exclusively in the competent courts of Vanuatu (the “Courts”) and waives to the fullest extent permitted by law any objection which it may have now or hereafter to the venue of any such suit, action or proceeding in any such Courts and any claim that any such suit, action or proceeding has been brought in an inconvenient forum, (ii) acknowledges the competence of such Courts, (iii) explicitly submits to the exclusive jurisdiction of such Courts in any such suit, action or proceeding, and (iv) agrees that final judgment in any such suit, action or proceeding brought in such Courts shall be conclusive and binding upon it and may be enforced in all courts.

34. Disclaimer of Reliance on Information

Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute and may not be construed as investment advice of any kind. The Company shall not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information as mentioned above.

35. Limitation of Liability

By using the services offered by the Company and by using this website the user agrees that alvinescapital.com, the author and any other entities associated with the alvinescapital.com shall not be held liable for any direct or indirect, consequential loss or any damages whatsoever arising from this usage, or the use of any information, signals, software, messages, manual, worksheet, instructions, alerts, directives etc. and any other information contained in regard to its use and understanding.

36. Use at Your Own Risk

Use of this site and the services offered by Alvines Capital Limited are made at your own risk.

37. No Guarantees

Neither guarantees of performance, results nor did any anticipate Return on investment is offered at any time.

38. Past Performance Disclaimer

Past performance is no and may not be construed or relied upon as a Guarantee of future results.

39. Assumption of Responsibility

By using this website, you agree to assume full and exclusive responsibility liability for your research, decisions and actions.

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