Terms of use

1. Eligibility

• Be at least 18 years old, or the age of majority in your country if higher.
• Have the legal capacity to enter into contracts.
• Not reside in a jurisdiction where offering or using the services is prohibited.
• Act on your own behalf, not on behalf of third parties.

2. Account opening and verification

You agree to provide true, complete and up-to-date information. To comply with anti-money laundering and counter-terrorist financing (AML/CFT) rules, we may request identity documents and supporting evidence at any time, and refuse, restrict or suspend accounts whose verification is not completed.

Only one account per person is allowed. You are responsible for keeping your password and authentication codes confidential and for all activity on your account.

3. Deposits and withdrawals

• Deposits and withdrawals must use payment methods held in the client's own name.
• Minimum amounts, methods and processing times are described in Deposits and withdrawals and may be updated.
• We may require additional verification before processing a withdrawal and may withhold funds where fraud, misuse or a legal requirement is suspected.

4. Trading

Orders are executed at the prices available on the platform at the time of execution, which may differ from the displayed price in highly volatile or illiquid conditions. Applicable costs are described in Fees and spreads and in each instrument's specification on the platform.

In the event of a manifest pricing error, technical failure or abuse, Binefex may correct or cancel the affected trades.

5. Risks

You confirm that you have read and understood the Risk disclosure and acknowledge that you may lose all the capital you invest. Binefex does not provide personalized investment advice.

6. Prohibited conduct

• Using the services for money laundering, fraud or any unlawful activity.
• Exploiting pricing errors, latency or platform faults.
• Using software, bots or techniques that impair the platform or other clients.
• Sharing, selling or transferring the account to third parties.

7. Bonuses, cashback and promotions

Benefits such as cashback, the loyalty program and tournaments follow their own rules, provided when offered, and may be changed or ended at any time, without affecting benefits already earned.

8. Suspension and termination

You may close your account at any time after closing open positions and withdrawing your available balance. Binefex may suspend or close accounts in the event of a breach of these Terms, a legal requirement or a security risk, returning the legitimate balance to the account holder unless legally prevented.

9. Limitation of liability

To the fullest extent permitted by law, Binefex is not liable for losses arising from the client's trading decisions, market conditions, failures of the client's connection or devices, or events beyond its reasonable control.

10. Intellectual property

The Binefex brand, website, platform and their content are protected by intellectual property rights and may not be reproduced without prior authorization.

11. Privacy

How we process your personal data is described in the Privacy policy, and our use of cookies in the Cookie policy.

12. Changes and governing law

We may update these Terms from time to time; the date of the latest update appears at the top of this page and material changes will be communicated to clients. These Terms are governed by the laws of the jurisdiction where Binefex Broker Ltd is registered, as stated in Security and regulation, without prejudice to consumer rights granted by the laws of your country.

13. Contact

Questions about these Terms can be sent through our official support channels: