Legal

Terms and Conditions

Open Eye Forex (Openeye Consultants) and participating affiliate companies are hereafter referred to as ‘company’ or ‘the company.



Important – you should read these terms and conditions carefully before completing registration (and if the applicable installation of the company’s proprietary software). By clicking ‘accept’ of ‘I agree’ or ‘continue’ as the case may be, and therefore registering and/or using the company’s services, you confirm and acknowledge that you have read these terms of use and end-user license agreement, that you understand its content, and that you agree to be bound by all of its terms and conditions. If you do not agree to any or all of the terms and conditions set forth in this agreement, do not access nor use this website.

The Company’s Services are available and may be used only by individuals or companies who can form legally binding contracts under the applicable laws in their country of residence. In addition, the Services are not available to persons under the age of 18 or otherwise under legal age or who cannot execute legally binding contracts under laws of their country of residence (“Minors”). If you are a minor, you may not use this service. For the avoidance of doubt, the Company shall not be responsible for any unauthorized use of its Services by Minors in any way or manner.

Furthermore, the Services are available only to, and may only be used by individuals who have sufficient experience and knowledge in financial matters to be capable of evaluating the merits and risks of acquiring financial contracts via this site and have done so without relying on any information contained in this site. To remove any doubts, the Company is under no obligation to verify and/or check whether you possess such sufficient knowledge and/or experience, nor shall it be responsible for any damage and/or loss incurred by you as a result of insufficient knowledge and/or experience.



Furthermore, it is hereby clarified that the Company is not, and shall not, be responsible in any way to the accuracy of any information published on its Web site by itself or by others, and every published or referenced item of information should be regarded as unfounded information for the purposes of managing your activity and risks. We strongly emphasize that you must ensure that all information required by you was checked and confirmed by yourself, through independent information sources to your satisfaction prior to the execution of any action by yourself on the Website.

If you do not have the knowledge and/or experience and/or personally assessed data or execute transactions based on a learned basis please do not use our website or system.



By accepting all of the terms and conditions of this Agreement, you hereby authorize and empower the Company, until written notice contrary to the effect shall be received from you by the Company to carry out orders and activities in accordance with your instructions or according to instructions provided by your duly authorized agent(s) in writing and/or orally all in accordance with the powers granted to the Company under this Agreement and/or for the provision of the Services.

Neither at present nor in the future shall it provide any financial advice to you or any of its customers and no information which may be found on the Company’s Web site may be considered as financial advice for any purpose whatsoever. To remove any doubts, the information is given on the site, the System and/or emails or newsletters sent by the Company related to its Services or financial markets is not intended to be used as financial or investment advice, and the Company shall not accept any liability in this respect, nor shall the Company accept any responsibility for the accuracy or comprehensiveness of the information provided on this site. It is your responsibility to any and all independent inquiries as you deem fit, prior to making any financial decision.

The Company reserves the right to stop sending signals to any user for any reason that it might see fit and without any notice or explanation.

The Company reserves the right to suspend the operation of this site or sections thereof under the following circumstances:

when, as a result of political, economic, military or monetary events (including unusual market volatility or illiquidity) or any circumstances outside the control, responsibility, and power of the Company, the continued operation of this site or the System shall not be reasonably practicable without materially and adversely affecting and prejudicing your interests or the Company, or if, in the sole discretion of the Company, a price cannot be calculated for financial betting contracts; or

When there is a breakdown in the means of communication normally employed in determining the price or value of any of the financial betting contracts or where the price or value of any of the financial betting contracts cannot be promptly or accurately ascertained. Any other reason that might cause our company problems.



The Company cautions you to make sure you understand the risks involved in using those site(s) before retrieving, using, relying upon, or purchasing anything via the Internet. Links to these websites are provided solely for your convenience, and you agree that under no circumstances will you hold the Company liable for any loss or damage caused by use of or reliance on any content, goods, or services available on other sites.

Trading in financial markets is highly speculative and involves extremely high risk and high financial leverage. It is manifestly stated by the Client that he fully understands that minor differences in market prices may occur in short time periods and may cause high profits or losses in relation to the securities, as high as the total loss of all securities, all in a short time period and that there is no existing method that can assure profits from Transactions in financial markets.

You are fully aware that there is a risk of losing money when trading in Forex/CFD/Crypto and Stocks markets and you will be fully responsible in any case of money loss for you. You agree that your use of the Services is at your sole option, discretion, and risk. In relation to your losses, you shall have no claims whatsoever against trendlinesignals.com or any of its partners or their respective directors, officers, or employees.

The company does not guarantee the accuracy, timeliness, completeness, or correct sequencing of the Market Information, or warrant any results from your use or reliance on the Market Information.

The signals, expert advisor (trades) and results may vary depending on your time zone and we do not guarantee the information and results on the site will be identical or accurate according to the signals and in general.

Market Information may quickly become unreliable for various reasons including, for example, changes in market conditions or economic circumstances. The company is not obligated to update any information or opinions contained in any Market Information.



You read the terms of this Agreement and all terms relating to Financial Contracts as they are defined in this Agreement prior to the execution of any Financial Contract and fully understand the consequences and results of success or failure.

You know that incorrect investment may cause you considerable loss.

You know that the lifetime of any Financial Contract offered by the System may be as short as a few minutes.

The use of the System is solely designated for sophisticated users with the ability to sustain swift losses up to the total loss of the invested money and/or the securities. You are responsible for careful consideration of whether such Transactions suit you and your purposes while taking into consideration your resources, your personal circumstances, and understanding the implications of actions made by yourself. It is highly recommended that you consult with tax experts and legal advisors.

All the information displayed on our website, including the signals and the expert advisors (robots), is based solely on our opinion. We should not be referred to as investing or finance advisors.

If you wish to unsubscribe from the site, or if you do not want us to contact you over the phone, send us an email to info@openeyeforex.co.za with your request.

Cookie Policy

This website uses cookies in order to provide you with a better online experience and also allows us to improve the service. By using our website, you agree to the use of cookies.



Disclaimer:

Many efforts are made to send and provide the best accurate signals. However, The company cannot guarantee that you will earn any profits using the methods and provided signals. The examples, articles, videos, and guides shown on this website should not be referred to as an earning promise. The winnings/earnings potential and results are entirely dependent on the trader/user. A lot of factors are included in your success in trading. The signals and expert advisors shouldn’t be referred to as a guaranteed success, not in any point. There is no guarantee that you can replicate the success shown on this website.

Trading in all contracts for difference markets is highly speculative, and there is no guarantee that you will be able to generate profits or earnings. When you trade – any amount of capital invested by you is at risk.

Moreover, Forex/CFD/Crypto and trading, in general, complies to different rules and regulations in different countries. The company is not responsible in any way for your communication with the brokers displayed on our website. The responsibility of trading and compliance with local laws and rules applies solely to the trader/user and to the company that provides him the platform for trading. All the information displayed on our website, including the signals and expert advisors (robots), is based solely on our opinion. We should not be referred to as investing or finance advisors.

Open Eye Forex does not give any refunds after 3 days of your purchase. Under no circumstance will we offer any client a refund, including but not limited to, disinterest and/or loss of funds.

Risk Disclosure


    1.  

This notice provides you with information about the risks associated with Open Eye Forex investment products, which you may invest in through services provided to you by any of our affiliate brokers.

  1. If you decide to continue and open an account with us, you are confirming that you are aware of and understand the risks involved with your investment decision. Strategies may be inherently risky


    Open Eye Forex strategies may and do use leverage, short-selling, and exotic instruments. This exposes the investor to additional risk. Investors must familiarise themselves with the risks associated with products provided on this website and/or obtain professional financial advice before investing. Leverage Leverage can be utilized in various ways within certain strategies; however, it essentially means that money is borrowed for certain trading activities and repaid at a later date while accruing interest. This increases volatility leading to potential returns and losses being amplified. At all times during which you have open positions, it is your responsibility to ensure that your account meets the respective broker’s margin requirements, which may change from time to time. Therefore, if the price moves against you or if the margin requirements have changed, you may need to deposit additional funds to meet your margin requirement, at short notice, to maintain your open positions. If you do not do this, we will be entitled to close one or more of your positions and you alone will be responsible for any losses incurred as a result. Minimum equity is required in your account to allow for trading on margin. As some strategies use leverage, the minimum is required to be maintained at all times for trades to be made according to the strategy selected. If the account equity falls below the minimum, the account will not be able to trade, positions may be closed without notice, and trading based on selected strategy may cease until sufficient equity is available. Products displayed on this website may trade in derivatives. Derivatives are not designed for all investors and carry leverage risk as well as volatility that may be different from the underlying. Derivatives can amplify gains as well as losses. Trading in derivatives may lead to interest being charged on the leveraged amount as per the rates stipulated by the stockbroker.


    Short-selling Short-selling is employed in some of our strategies with the hope that the underlying price decreases. If the price of the underlying instrument increases, the investor may be exposed to significant losses. Liquidity Given the nature of the instruments that can be used within the Open Eye Forex Signals strategies, some positions may be illiquid in nature. This can cause disinvestment to take more time than expected which may result in unfavorable prices achieved which can increase losses. Copy Trading Some Open Eye Forex products make available auto trading features and manual following features. In making a decision to copy a specific trader/strategy either on auto-trader or manually, you must consider your entire financial situation including financial commitments and you must understand that copying a trader/strategy is speculative and that you could sustain significant losses exceeding the amount used to copy a trader or traders. You should not make any investment decisions without first conducting your own research. You are solely and exclusively responsible for determining whether any investment product/strategy is appropriate and suitable for you based on your investment objectives and financial situation, and not merely based on the strategy or trader available on this website. If you or the place additional trades in your account or you modify or cancel an order generated by the auto trade feature, you may achieve a materially different result than the strategy that you copied. Additional deposits and withdrawals made by the copied trader may also generate a materially different result than the strategy that you copied as it may affect the proportions of trades and money-weighted returns. Any past performance of our users, risk score, statistics, and any other information with respect to users and strategies appearing on our websites and applications are not indicative of future results and should be considered as hypothetical. It is important to understand that risk scores, statistical information, and historical performance are not a guarantee of future performance. No representation or guarantee is being made that any account will or is likely to achieve profits or losses similar to those indicated. When reviewing the Content, portfolio, financial performance information, opinions, or advice of another registered user or strategy, you should not assume that the user or strategy is unbiased, independent, or qualified to provide financial information or opinions. Open Eye Forex does not guarantee any order including the placing of stop orders. Open Eye Forex does not guarantee that the trade will be filled at the order price/stop-loss percentage and you may lose more than the original amount used to copy such trader/strategy.


    Past performance and/or risk scores should be considered as hypothetical performance results. Hypothetical performance results have many inherent limitations. No representation or guarantee is being made that any account will or is likely to achieve profits or losses similar to the past performance or risk score showed. The actual percentage gains/losses experienced by investors will vary depending on many factors, including but not limited to: starting account balances (deposits and withdrawals), market behavior, timing, the investor’s account settings, and the actual performance of the copied strategy. Accordingly, there are frequently sharp differences between hypothetical/past performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. There are numerous other factors related to the markets in general or to the implementation of any specific trading strategy which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. No aspect of the information made available on our websites is intended to provide or should be construed as providing, any investment, tax, or other financial related advice of any kind. You should not consider any such content to be a substitute for professional financial and/or investment advice. If you choose to engage in transactions based on content on the website and/or elect to copy specific strategies and/or trades, then such decisions and transactions and any consequences flowing therefrom are your sole responsibility. Automated Trading & Internet Risks While enjoying any of our products through our website and/or applications, system errors might occur. You should be aware of the risks that may result from any system failure which could mean that your order may be delayed or fail. You must be aware that automated trading will open and close trading positions without your manual intervention and you must be aware of the risk this may pose to you personally.


    You acknowledge that there are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connections, the risk of malicious software introduction, the risk that third parties may obtain unauthorized access to information, and/or assets, cyber-attack, computer viruses, communication failures, disruptions, errors, distortions or delays you may experience when trading via the Services, howsoever caused, spyware, scareware, Trojan horses, worms or other malware that may affect your computer or other equipment, or any phishing, spoofing or other attacks. You should also be aware that SMS and email services are vulnerable to spoofing and phishing attacks and should use care in reviewing messages purporting to originate from Open Eye Forex and/or any of its affiliates. Fees and Costs Please be aware of all costs and charges that apply to you, because such costs and charges will affect your profitability. Information Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary and do not constitute investment advice. Open Eye Forex and its affiliates shall not be responsible for any loss arising from any investment based on any recommendation, forecast, or other information provided.


    Past Performance Past performance is not an indication of future performance. The value of investments can go down as well as up. Volatility Movements in the price of underlying markets can be volatile and unpredictable. This will have a direct impact on your profits and losses. Knowing the volatility of an underlying market will help guide you as to where any stops should be placed. INVESTMENTS DENOMINATED IN A CURRENCY OTHER THAN THE BASE CURRENCY OF YOUR ACCOUNT Transactions may be entered into on your behalf in an investment denominated in a currency other than the agreed base currency of your Account (which is the currency in which your Trading Account is valued). A movement in exchange rates may have a separate effect, unfavorable as well as favorable, on the gain or loss otherwise experienced on the investment concerned. In addition, if you deposit collateral denominated in one currency, you may be subject to margin calls in circumstances where the obligations secured by such collateral are denominated in another currency (in addition to the risk of margin calls for fluctuations in relative values). Some currencies are not freely convertible and restrictions may be placed on the conversion and/or repatriation of your funds including any profits or dividends. If you trade in a market other than your base currency market, currency exchange fluctuations will impact your profits and losses.