TERMS AND CONDITIONS FOR USING THIS FRANNOR TRADING WEBSITE
As an interested party considering
participation in foreign exchange trading you should be aware of the
risk involved.
Margined currency trading is one of the riskiest forms of investment
available in the financial markets and is only suitable for
sophisticated individuals understanding financial markets and financial
institutions. Trading through
Frannor Trading 102 (Pty) Ltd permits you to trade foreign currencies on a highly
leveraged basis - up to 100 times your account equity - an initial
deposit of USD$ 1000 for example will enable the account holder to trade
with USD$ 100 000 in the market place. With this type of leverage and
the swing of a specific currency against other currency changes by one
half percent or more, could result in you losing your entire investment.
Theoretically an account could even lose more than the equity it
contains if the account is trading at the maximum leverage and positions
held in the account swing more than one percent in value, therefore, you
could lose more than your entire investment and be held liable for
the resulting deficit.
Given the possibility of losing one's entire investment,
speculation in the foreign exchange market should only be conducted with
funds that if lost will not significantly impact on one's personal or
institutions financial well being.
Trading activities conducted through
Frannor Trading 102 (Pty) Ltd are not currently regulated by any governmental
agency and are not conducted on any exchange or subject to the rules of
any regulatory organization.
Any opinions expressed by
Frannor Trading 102 (Pty) Ltd or its representatives as to the future direction of
prices of specific currencies are purely opinions and do not necessarily
represent the opinion of
Frannor Trading 102 (Pty) Ltd, and are not guaranteed in any way. In no event shall
Frannor Trading 102 (Pty) Ltd have any
liability for any losses incurred in connection with any decision made,
action or inaction taken by any party in reliance upon the information
provided on this site, or any delays, inaccuracies, errors in, or
omissions of information.
By
using this Web site in any way, you shall be deemed to have accepted all
the Terms and Conditions unconditionally. You must not use this Web site
if you do not agree to be bound by the Terms and Conditions.
Materials
on the Web site
The material contained on this Web site is for information only and does
not constitute advice or a recommendation of any nature.
To the extent that information displayed on this Web site relates to any
products, services, events or competitions or any costs, prices, fees or
prizes related to such products, services, events or competitions, you
acknowledge that this information may not be accurate or complete. You
further acknowledge that any assessment or reflection of the
performance, suitability or reliability of any products, services,
events or competitions offered, provided or held on this Web site does
not mean that such performance will be repeated or should be relied upon
in any way.
Any
views or statements made or expressed on this Web site are not
necessarily the views of Frannor Trading 102 (Pty) Ltd, its subsidiaries,
affiliates, employees, servants or agents.
Any
of the information, products, services, events or competitions on this
Web site may be modified or suspended or removed by Frannor Trading 102
(Pty) Ltd without notice.
Copyright
The contents and materials of this Web site, including any computer
programs, software, icons, text, links, graphics, artworks, images,
sound clips or files, audio-visuals, trade names, logos, trade marks and
service marks are protected by law, including but not limited to
copyright, patent and trade mark law, and any adaptations of such
content and materials, are the property of
Frannor Trading 102 (Pty) Ltd
and/or third parties.
Any unauthorised use of the contents and materials of this Web site,
including, without limitation: reproducing in any manner or form;
framing or linking; the performing of; broadcasting; transmitting in a
diffusion service (including the Internet); adapting or modifying;
distributing; communicating
or making available to the public, by wire or wireless means (including
making available to the public in such a way that members of the public
may access such contents and materials from a place and at a time
individually chosen by them); letting, offering or exposing for hire by
way of trade, a copy of the contents and materials on this Web site, or
any adaptations of such contents and materials, is prohibited.
Disclaimers
This Web site is provided to you "as is". While Frannor
Trading 102 (Pty) Ltd make every effort to ensure that the contents of this Web site
are accurate and complete, Frannor Trading 102 (Pty) Ltd make no
representation or warranty, whether express or implied, as to the
operation, integrity, availability or functionality of this Web site or
as to the accuracy, completeness or reliability of any information on
this Web site.
Any person who accesses, uses, streams video/audio, participates in or
relies on this Web site or on information, products, services,
video/audio streams, events or competitions contained in or available on
this Web site does so at their own risk.
Any content posted or viewed on this Web site is at your own risk.
Frannor Trading 102 (Pty) Ltd also makes no warranty or representation,
whether express or implied, that the products, information or files
available on this Web site are free of viruses, worms, destructive
materials or any other data or code which is able to corrupt, compromise
or jeopardise the operation or content of a computer system, computer
network or your hardware or software. You accept all risk associated
with the existence of such viruses, worms, destructive materials or any
other data or code which is able to corrupt, compromise or jeopardise
the operation or content of a computer system, computer network or your
hardware or software.
Frannor Trading 102 (Pty) Ltd does not accept any responsibility for any
errors or omissions on this Web site.
Limitation
of liability
Frannor Trading 102 (Pty) Ltd, affiliates, subsidiaries, employees, servants
and agents shall in no way be liable for any direct, indirect,
incidental, special or consequential loss, expense, claim or damage
which might arise from any information, material or content contained in
the Web site or, without derogating from the generality of clause 8
below, any linked Web sites, your use of or reliance on this Web site or
any information, material or content contained therein, or any actions
or transactions resulting there from, even if Frannor Trading 102 (Pty)
Ltd have been advised of the possibility of such loss, expense, claim or
damage.
Frannor Trading 102 (Pty) Ltd, affiliates, subsidiaries, employees, servants
and agents shall in no way be liable for any direct, indirect,
incidental, special or consequential loss, expense, claim or damage
which might arise from the modification, suspension or removal of any
information, material or content contained in this Web site or, without
derogating from the generality of clause 8 below, any linked Web site.
You hereby indemnify Frannor Trading 102 (Pty) Ltd against any loss, claim or
damages which may be suffered by Frannor Trading 102 (Pty) Ltd or any third
party arising in any way from your use of this Web site or the receipt
by you of an electronic mail from Frannor Trading 102 (Pty) Ltd.
Links
to and use of other Web sites
Frannor Trading 102 (Pty) Ltd, affiliates, subsidiaries, employees, servants
and agents do not endorse and are not responsible or liable for the
information, material or contents, maintenance of, or activities
conducted on, any Web site to which this Web site provides a link.
Despite the fact that this Web site may refer to or provide links to
other Web sites, your use of such other Web sites is entirely at your
own risk and the Group, affiliates, subsidiaries, employees, servants
and agents shall not be responsible for any loss, expense, claim or
damage, whether direct, indirect or consequential, arising from your use
of such other Web sites or your reliance on any information contained in
such other Web sites.
Linking
to this Web site.
You are not entitled to provide a link from any Web site to this Web
site without the prior written consent of
Frannor Trading 102 (Pty) Ltd.
You are not permitted to "deep link" to this Web site or to
"frame" any part of this Web site.
Privacy
policy
Any information which you provide to
Frannor Trading 102 (Pty) Ltd, whether
on any forms you complete or through this Web site, and any information
which
Frannor Trading 102 (Pty) Ltd
have about you will be regarded by
Frannor Trading 102 (Pty) Ltd
as personal information and, subject to the
Terms and Conditions, be treated as confidential.
Frannor Trading 102 (Pty) Ltd
may use your personal information in the ordinary course of its business
and for promotions and marketing.
Frannor Trading 102 (Pty) Ltd
may not sell, rent or provide your personal information to unauthorised
entities or to third parties for their independent use without your
consent.
Frannor Trading 102 (Pty) Ltd
may, however, share your personal information with its affiliates,
business partners and subsidiaries. If
Frannor Trading 102 (Pty) Ltd
do pass your personal information on to its affiliates, business
partners or subsidiaries, it will make them aware of the provisions of
this privacy policy.
Frannor Trading 102 (Pty) Ltd
will release your personal information to a party if it believes that it
is required by law or by a court to do so.
Frannor Trading 102 (Pty) Ltd
will also disclose your personal information if it believes that this is
necessary to prevent or lessen any unlawful or harmful actions.
If you ever want to update or correct any of your personal information
held by
Frannor Trading 102 (Pty) Ltd,
kindly contact
Frannor Trading 102 (Pty) Ltd
and it will endeavour to update and correct your personal information.
If you disclose any personal information to a third party, such as one
of
Frannor Trading 102 (Pty) Ltd’s
affiliates, business partners or subsidiaries or an entity which
operates a Web site linked to this Web site or anyone other than
Frannor Trading 102 (Pty) Ltd,
you must be aware that
Frannor Trading 102 (Pty) Ltd
does not regulate or control how that third party uses your personal
information and this privacy policy does not accordingly apply to third
party. You should always ensure that you read the privacy policy of any
third party.
This Web site makes chat rooms and news groups available to users. You
are warned that such chat rooms and news groups are public discussion
forums. Any personal information supplied by you in your use of such
services, is widely accessible.
Frannor Trading 102 (Pty) Ltd
is not responsible for the content posted on these services.
Behaviour
when using this Web site
By using this Web site you agree to use it only for lawful purposes in
compliance with all applicable laws and acknowledge that you are solely
responsible for any content or messages you transmit through this Web
site or which is transmitted through this Web site using your computer
by any other persons.
You are prohibited from using this Web site to obtain or distribute:
copyrighted or protected material without the permission of the owner of
the copyright in such material; material containing viruses, worms, or
any other destructive materials or data or code which is able to
corrupt, interfere with or jeopardise the operation or content of a
computer system or hardware or software; material which is defamatory,
offensive, unlawful or contains hate speech. Without limiting the
generality of the foregoing, you may not make sexually explicit or
suggestive comments to minors; pyramid or other soliciting schemes;
unsolicited e-mail; or bulk e-mail, whether solicited or unsolicited;
You are prohibited from using this Web site: to compromise the security
of or tamper with the resources of any computer systems; to advocate
illegal conduct or to participate in illegal or fraudulent activities,
for advertising purposes, for "spoofing", "flaming",
"hacking", "cracking" or "spamming".
You are prohibited from interfering with or jeopardising the
functionality or the operation or the content of any part of this Web
site or attempting to interfere with or jeopardise the functionality or
operation of any part of this Web site.
You are prohibited from intercepting any information transmitted to or
from
Frannor Trading 102 (Pty) Ltd
or this Web site.
You must respect other users of this Web site at all times. Any actions
intended to disrupt or abuse other users are prohibited.
Video
and Audio streams.
The video and audio streams are open to all Internet users at no charge.
However, some Internet Service Providers (ISP's) in South Africa may
presently not offer these streams to their subscribers.
Changes
to these Terms and Conditions
Frannor Trading 102 (Pty) Ltd
reserve the right to update and/or amend the Terms and Conditions from
time to time and without any notice. Any such change will only apply to
your use of this Web site after the change is displayed on this Web
site. If you use this Web site after such updated or amended Terms and
Conditions have been displayed on this Web site, you will be deemed to
have accepted such updates or amendments.
Which
laws apply
These Terms and Conditions will be governed by the laws of South Africa.
You consent to the jurisdiction of the South African courts for any
dispute that may arise out of these Terms and Conditions.
Termination
Frannor Trading 102 (Pty) Ltd
may in its sole discretion terminate, suspend and modify this Web site
and/or your use of this Web site, with or without notice to you. You
agree that
Frannor Trading 102 (Pty) Ltd
will not be liable to you in the event that it chooses to suspend,
modify or terminate this Web site or your use of this Web site.