Terms of Service

Last updated: February 2025

1. Acceptance of Terms

By accessing or using the services provided by Sumx Markets Pty Ltd ("Company", "we", "us", or "our"), you agree to be bound by these Terms of Service. If you do not agree to these terms, you must not access or use our services.

2. Eligibility

To use our services, you must:

  • Be at least 18 years of age
  • Have the legal capacity to enter into binding contracts
  • Not be a resident of the United States, North Korea, Iran, Syria, Cuba, Sudan, or any other sanctioned or restricted jurisdiction
  • Provide accurate and complete information during registration
  • Comply with all applicable laws and regulations in your jurisdiction

3. Account Registration

To access our trading services, you must create an account and complete our verification process. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You must notify us immediately of any unauthorized use of your account.

4. Trading Services

We provide online trading services for various financial instruments including forex, commodities, indices, stocks, and futures through Contracts for Difference (CFDs). By using our services, you acknowledge that:

  • Trading CFDs and leveraged products carries a high level of risk
  • You may lose more than your initial investment
  • Past performance is not indicative of future results
  • We do not provide financial advice or recommendations
  • You are solely responsible for your trading decisions

5. Deposits and Withdrawals

You may fund your account using the payment methods available on our platform. All deposits and withdrawals are subject to our verification procedures. We reserve the right to:

  • Request additional documentation for verification purposes
  • Delay or refuse transactions if we suspect fraud or money laundering
  • Apply minimum and maximum transaction limits
  • Process withdrawals to the same payment method used for deposits

6. Fees and Charges

You agree to pay all applicable fees and charges associated with your trading activities, including but not limited to spreads, commissions, swap fees, and any other charges as disclosed on our website. We reserve the right to modify our fee structure with prior notice.

7. Prohibited Activities

You agree not to:

  • Use our services for any illegal or unauthorized purpose
  • Engage in market manipulation, fraud, or any deceptive practices
  • Use automated trading systems without our prior approval
  • Exploit technical vulnerabilities or system errors
  • Share your account credentials with third parties
  • Use our services if you are a resident of a restricted jurisdiction
  • Engage in money laundering or terrorist financing activities

8. Intellectual Property

All content on our website, including text, graphics, logos, trademarks, and software, is the property of Sumx Markets Pty Ltd or its licensors and is protected by intellectual property laws. You may not reproduce, distribute, modify, or create derivative works without our prior written consent.

9. Disclaimer of Warranties

Our services are provided "as is" and "as available" without any warranties of any kind, either express or implied. We do not guarantee that our services will be uninterrupted, error-free, or free from viruses or other harmful components. We do not warrant the accuracy, reliability, or completeness of any information on our platform.

10. Limitation of Liability

To the maximum extent permitted by law, Sumx Markets Pty Ltd and its directors, officers, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of our services, including but not limited to trading losses, loss of profits, or loss of data.

11. Indemnification

You agree to indemnify, defend, and hold harmless Sumx Markets Pty Ltd and its affiliates from any claims, damages, losses, liabilities, and expenses (including legal fees) arising out of your use of our services, your violation of these terms, or your violation of any rights of a third party.

12. Account Termination

We reserve the right to suspend or terminate your account at any time, with or without cause, and with or without notice. Upon termination, you must close all open positions and withdraw any remaining funds within the specified timeframe. We may also terminate accounts that have been inactive for an extended period.

13. Governing Law and Dispute Resolution

These Terms of Service shall be governed by and construed in accordance with the laws of Australia. Any disputes arising out of or relating to these terms shall be resolved through binding arbitration in accordance with the rules of the Australian Centre for International Commercial Arbitration.

14. Modifications to Terms

We reserve the right to modify these Terms of Service at any time. Any changes will be effective immediately upon posting on our website. Your continued use of our services after such changes constitutes your acceptance of the modified terms.

15. Severability

If any provision of these Terms of Service is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

16. Contact Information

If you have any questions about these Terms of Service, please contact us at:

Sumx Markets Pty Ltd

Email: legal@sumxmarkets.com

Website: www.sumxmarkets.com