Terms of Service

Introduction

These Terms of Service ("Terms") constitute a legally binding agreement between you ("Client," "you," or "your") and 24Swiss AG ("24Swiss," "we," "us," or "our"), a Swiss corporation registered in Zurich, Switzerland. These Terms govern your use of our liquidity provider services, trading platforms, and related services.

By accessing or using our services, you acknowledge that you have read, understood, and agree to be bound by these Terms and all applicable laws and regulations.

1. Acceptance of Terms

By creating an account, accessing our platform, or using any of our services, you expressly agree to:

• Comply with these Terms and all applicable laws
• Provide accurate and complete information
• Maintain the confidentiality of your account credentials
• Accept full responsibility for all activities under your account
• Regularly review these Terms for updates

If you do not agree to these Terms, you must not use our services.

2. Our Services

24Swiss provides institutional-grade liquidity services, including but not limited to:

Liquidity Provision

• Foreign exchange (Forex) liquidity
• Cryptocurrency liquidity
• Precious metals and commodities
• Indices and equity CFDs

Prime Brokerage Services

• Multi-asset trading infrastructure
• Risk management solutions
• Settlement and clearing services
• Reporting and analytics

Technology Solutions

• API connectivity and integration
• FIX protocol support
• Real-time market data feeds
• Custom trading solutions

Service Availability: We strive to maintain continuous service availability but do not guarantee uninterrupted access. Services may be temporarily unavailable due to maintenance, technical issues, or market conditions.

3. Eligibility Requirements

To use our services, you must meet the following criteria:

General Requirements

• Be at least 18 years old (or the age of majority in your jurisdiction)
• Have legal capacity to enter into binding agreements
• Not be a resident of restricted jurisdictions
• Comply with all applicable laws and regulations

Institutional Requirements

• Be a licensed financial institution or regulated entity
• Meet minimum capital requirements as specified
• Provide evidence of regulatory authorization
• Demonstrate adequate risk management capabilities

Restricted Jurisdictions

Our services are not available to residents of certain jurisdictions, including but not limited to countries subject to international sanctions or where our services would violate local laws.

4. Account Registration and Verification

Registration Process

To access our services, you must:

• Complete the account registration process
• Provide accurate and complete information
• Submit required documentation for verification
• Agree to these Terms and our Privacy Policy

Know Your Customer (KYC)

We are required to verify your identity and may request:

• Government-issued identification documents
• Proof of address and business registration
• Financial statements and regulatory licenses
• Information about beneficial ownership
• Source of funds documentation

Account Security

You are responsible for:

• Maintaining the confidentiality of login credentials
• Implementing appropriate security measures
• Promptly notifying us of any security breaches
• Regularly updating account information

5. Trading Terms and Conditions

Order Execution

• Orders are executed on a best-effort basis
• Execution may be subject to market conditions and liquidity
• We reserve the right to reject orders in certain circumstances
• Order modifications and cancellations may not always be possible

Pricing and Spreads

• Pricing is based on market conditions and liquidity providers
• Spreads may vary based on market volatility and liquidity
• We may adjust pricing during volatile market conditions
• Historical pricing data is provided for informational purposes only

Risk Management

• Position limits and risk controls may be applied
• Margin requirements may change based on market conditions
• We may close positions to manage risk exposure
• Stop-loss and take-profit orders are not guaranteed

Market Hours

Trading hours vary by instrument and market. We provide indicative trading hours, but actual availability may differ due to market conditions, holidays, or technical issues.

6. Fees and Payment Terms

Fee Structure

Our fees may include:

• Trading commissions and spreads
• Account maintenance fees
• Data feed and platform fees
• Wire transfer and payment processing fees
• Inactivity fees for dormant accounts

Payment Terms

• Fees are typically deducted from your account balance
• Payment methods may include bank transfers and approved payment processors
• All fees are non-refundable unless otherwise specified
• We reserve the right to modify fees with appropriate notice

Currency and Conversion

Fees may be charged in various currencies. Currency conversion rates are determined by prevailing market rates and may include a conversion fee.

7. Regulatory Compliance

Anti-Money Laundering (AML)

We maintain comprehensive AML policies and procedures, including:

• Customer due diligence and enhanced due diligence
• Transaction monitoring and suspicious activity reporting
• Sanctions screening and compliance
• Record keeping and reporting requirements

Regulatory Reporting

We may be required to report trading activities and positions to regulatory authorities. You consent to such reporting as required by applicable laws.

Tax Obligations

You are solely responsible for determining and fulfilling your tax obligations. We may provide transaction reports but do not provide tax advice.

8. Prohibited Activities

You agree not to engage in any of the following prohibited activities:

Trading Violations

• Market manipulation or abusive trading practices
• Front-running or insider trading
• Scalping or high-frequency trading without authorization
• Using unauthorized trading algorithms or systems

System Abuse

• Attempting to hack, disrupt, or compromise our systems
• Using automated tools to access our platform without permission
• Reverse engineering or copying our proprietary systems
• Distributing malware or engaging in cyber attacks

Legal Violations

• Money laundering or terrorist financing
• Fraud, forgery, or identity theft
• Violating sanctions or embargoes
• Any other illegal or unauthorized activities

9. Limitation of Liability

Disclaimer of Warranties

Our services are provided "as is" without warranties of any kind. We disclaim all warranties, express or implied, including but not limited to:

• Merchantability and fitness for a particular purpose
• Accuracy, completeness, or reliability of information
• Uninterrupted or error-free service
• Security or freedom from viruses or other harmful components

Limitation of Damages

To the maximum extent permitted by law, 24Swiss shall not be liable for:

• Indirect, incidental, special, or consequential damages
• Loss of profits, data, or business opportunities
• Damages resulting from market movements or trading losses
• Third-party actions or system failures

Maximum Liability

Our total liability to you shall not exceed the fees paid by you to us in the 12 months preceding the claim.

Force Majeure

We shall not be liable for any failure to perform due to circumstances beyond our reasonable control, including but not limited to natural disasters, government actions, market closures, or technical failures.

10. Termination

Termination by You

You may terminate your account at any time by providing written notice. Upon termination:

• All open positions must be closed
• Outstanding fees and obligations must be settled
• Account access will be suspended
• Funds will be returned according to our procedures

Termination by Us

We may terminate your account immediately if:

• You breach these Terms or applicable laws
• Your account becomes inactive for an extended period
• We are required to do so by regulatory authorities
• We determine it is necessary for risk management

Effect of Termination

Upon termination, all rights and obligations continue until fully satisfied, including payment of fees and settlement of positions.

11. Governing Law and Dispute Resolution

Governing Law

These Terms are governed by Swiss law, without regard to conflict of law principles.

Jurisdiction

Any disputes arising from these Terms shall be subject to the exclusive jurisdiction of the courts of Zurich, Switzerland.

Arbitration

For disputes involving amounts exceeding CHF 100,000, either party may elect to resolve the dispute through binding arbitration under the Rules of Arbitration of the International Chamber of Commerce.

Class Action Waiver

You waive any right to participate in class action lawsuits or class-wide arbitration against us.

12. General Provisions

Amendments

We may modify these Terms at any time by posting updated terms on our website. Material changes will be communicated with reasonable advance notice.

Severability

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

Assignment

We may assign these Terms or our rights and obligations hereunder. You may not assign these Terms without our prior written consent.

Entire Agreement

These Terms, together with our Privacy Policy and any other referenced documents, constitute the entire agreement between you and 24Swiss.

Survival

Provisions relating to liability, indemnification, governing law, and dispute resolution shall survive termination of these Terms.

Contact Information

For questions about these Terms or our services, please contact us: