Terms and Conditions

1. Introduction

Welcome to XfersTrade. These Terms and Conditions ("Terms") govern your use of our website, trading platform, and services provided by Xfers Pte. Ltd. ("XfersTrade", "we", "us", or "our").

By accessing or using our services, you agree to be bound by these Terms. If you do not agree with any part of these Terms, you must not use our services.

XfersTrade is licensed and regulated by the Monetary Authority of Singapore under MPI Licences PS20200475, PS20200656, PS20200657, and PS20200658.

2. Definitions

In these Terms:

• "Account" means your trading account with XfersTrade.
• "Client" means any individual or entity that opens an Account with us.
• "Platform" means our trading software and related services.
• "Transaction" means any trade executed on our Platform.
• "Digital Payment Token" means cryptocurrency or digital assets traded on our Platform.

3. Eligibility

To use our services, you must:

• Be at least 18 years old (or the legal age in your jurisdiction)
• Have full legal capacity to enter into binding agreements
• Not be a resident of a restricted jurisdiction
• Successfully complete our KYC verification process
• Not be subject to sanctions or prohibited from trading

We reserve the right to refuse service to anyone at our sole discretion.

4. Account Registration

4.1 Account Opening

To open an Account, you must provide accurate and complete information during registration. You agree to update this information if it changes.

4.2 Account Security

You are responsible for maintaining the confidentiality of your account credentials. You must immediately notify us of any unauthorized access or security breach.

4.3 One Account Policy

Each Client may only maintain one Account. Opening multiple accounts may result in account termination and forfeiture of funds.

5. Services

XfersTrade provides:

• Cryptocurrency trading services
• CFD trading on various instruments
• Market data and analysis tools
• Account management services

We reserve the right to modify, suspend, or discontinue any service at any time without prior notice.

6. Trading Terms

6.1 Order Execution

All orders are executed on a best-effort basis. We do not guarantee execution at any specific price, especially during periods of high volatility.

6.2 Leverage and Margin

Trading with leverage involves significant risk. You may lose more than your initial investment. Margin requirements may change at any time.

6.3 Market Conditions

Spreads, prices, and available instruments may vary based on market conditions. We reserve the right to adjust trading parameters without notice.

7. Deposits and Withdrawals

7.1 Deposits

Deposits must be made from accounts in your name. We reserve the right to reject deposits from third-party accounts.

7.2 Withdrawals

Withdrawal requests are processed within 24 hours during business days. We may require additional verification for large withdrawals or if suspicious activity is detected.

7.3 Fees

Fee information is available on our website. We reserve the right to modify fees with reasonable notice.

8. Limitation of Liability

To the maximum extent permitted by law:

• We are not liable for any losses arising from market movements
• We are not liable for system failures, delays, or errors beyond our control
• Our total liability shall not exceed the amount held in your Account
• We are not liable for indirect, consequential, or punitive damages

9. Termination

Either party may terminate the agreement by providing written notice. Upon termination:

• All open positions must be closed
• Outstanding obligations must be settled
• Any remaining balance will be returned (minus fees and charges)

We may terminate your account immediately if you breach these Terms or engage in fraudulent activity.

10. Governing Law

These Terms are governed by the laws of Singapore. Any disputes shall be resolved through arbitration in Singapore under SIAC rules, or through the Singapore courts.