Summary
The Terms of Service outlined by Oxiprop (referred to as the "Terms") delineate the regulations and obligations associated with your utilization of the services and challenges facilitated by Oxiprop (referred to collectively as the "Provider," with specific services termed "Oxiprop Challenges,"
"Challenges," “Azeroth,” or "Services"). These offerings are primarily accessed through the website www.oxiprop.com (referred to as the "Website"). It is imperative that you, as the user (referred to as a "Counterparty" or the "Customer"), carefully review and comprehend these Terms. Your engagement with the Services or participation in Oxiprop Challenges signifies your acceptance and commitment to adhere to these Terms.
Upon using our site or participating in a Challenge, you are acknowledging your agreement to abide by these terms and conditions, in addition to any other terms, conditions, and policies linked within or accessible through hyperlinks. These Terms of Service are applicable to all users of the site, including browsers, vendors, consumers, merchants, and content creators.
Prior to accessing or using our website, we urge you to thoroughly read these Terms of Service. Your access to or use of any part of the site indicates your acceptance of these Terms. If you do not agree with all the terms and conditions outlined in this agreement, refrain from visiting the website or using any services. If these Terms are construed as an offer, acceptance is strictly contingent upon adherence to these Terms of Service. The Services are exclusively available to individuals over the age of 18 residing in countries where the Provider operates, as detailed in the list of serviced countries.
Any supplementary features or tools incorporated into the existing site (within designated accounts) will also be governed by these Terms of Service. The latest version of these terms can be viewed on this page at any time. We retain the right to update, modify, or replace any part of these Terms of Service by making changes to our website. It is your responsibility to periodically check for updates, and your continued use of the website post any modifications implies acceptance of those changes.
IN COMPLIANCE WITH RELEVANT LEGISLATION
ALL SERVICES RENDERED TO THE CUSTOMER BY THE PROVIDER SHALL NOT BE DEEMED AS INVESTMENT SERVICES. THE PROVIDER DOES NOT OFFER GUIDANCE, INSTRUCTIONS, OR INFORMATION TO THE CUSTOMER ON THE EXECUTION OF TRANSACTIONS THROUGH THE SERVICES OR OTHERWISE, NOR DOES IT PROVIDE SIMILAR INFORMATION REGARDING THE TRADED INVESTMENT TOOLS. THE PROVIDER NEITHER ACCEPTS NOR PROVIDES GUIDANCE, INSTRUCTIONS, OR INFORMATION FROM THE CUSTOMER. NEITHER THE SERVICES NOR THE RECOMMENDATIONS CONSTITUTE INVESTMENT ADVICE. EMPLOYEES, STAFF, AND REPRESENTATIVES OF THE PROVIDER ARE NOT AUTHORIZED TO PROVIDE INVESTMENT ADVICE OR RECOMMENDATIONS. SHOULD ANY INFORMATION OR STATEMENT FROM THE PROVIDER'S EMPLOYEES, STAFF, OR REPRESENTATIVES BE INTERPRETED AS INVESTMENT ADVICE OR RECOMMENDATIONS, THE PROVIDER EXPLICITLY DISCLAIMS SUCH INTERPRETATION AND SHALL NOT BE LIABLE FOR THEM.
Third parties may be granted access to our website for debugging and/or maintaining issues with our website, database, or infrastructure. Accesses of this nature are monitored and restricted once the defined scope of work is initiated.
To gain access to the Oxiprop platform, models, and services, the Customer is required to pay registration fees. If the service has commenced (i.e., the Customer has initiated trading) and/or the Azeroth process remains incomplete, the Customer is not eligible for a refund of the registration fee. ALL PAYMENTS ARE CONCLUSIVE AND SOLELY FOR THE PURPOSE OF Azeroth.
Section 1 - Online Registration Terms
By accepting these Terms of Service, the Customer formally attests to being of legal age in their state or province of residence. Utilizing the Services is contingent upon the Customer's commitment to abstain from participating in any illicit or unauthorized activities, which includes, but is not limited to, the violation of copyright laws. Any breach of these Terms by the Customer will result in the immediate termination of their access to the Services.
Section 2 – General Terms
The Provider retains the right to deny service to anyone at any time and for any reason. The Customer acknowledges that their non-sensitive content (excluding credit card information) may be transmitted unencrypted, involving (a) transfers over various
networks and (b) modifications to meet technical requirements of connecting networks or devices. Credit card information is consistently encrypted during its transfer over networks. Unless expressly permitted in writing by the Provider, the Customer agrees not to reproduce, duplicate, copy, sell, resell, or exploit any part of the Service, its usage, or access to it, including any contact on the website facilitating the Service. The headings within this agreement are included for convenience and will not impose limitations or otherwise impact the Terms.
Section 3 – Accuracy, Completeness, and Timeliness of Information
The Customer acknowledges that the services and content are provided "as is," encompassing all faults, defects, or possible shortcomings, and that the utilization of such services and content is solely at the Customer's own risk. Despite the Provider's efforts to ensure the accuracy and currency of all information, it recognizes the inherent limitations of technology. Consequently, the Customer acknowledges and agrees to use the services with an awareness of these potential limitations. To the fullest extent allowed by applicable law, the Provider disclaims all warranties, whether statutory, express, implied, or otherwise, including, but not limited to, any warranties of merchantability, fitness for a particular purpose, or non-infringement of rights.
Section 4 – Service Modifications and Pricing Changes Prices of products are subject to alteration without
advance notice. The Provider retains the authority to amend or terminate the Service, including any accounts offered or any part or content thereof, at its discretion and without prior notification. The Provider assumes no responsibility to the Customer or any third party for any adjustments, price modifications, suspension, or termination of the Service.
Section 5 – Products and Services
The Provider maintains the right, though not the obligation, to restrict the sale of products or services to specific individuals, geographic regions, or jurisdictions. This discretion may be exercised on an individual basis. Additionally, the Provider reserves the right to limit the quantities of any products or services offered. Descriptions of products or product pricing are subject to alteration at any time without prior notice, at the sole discretion of the Provider. The Provider also reserves the right to discontinue any product at any time. Any offer for a product or service on this site is void where prohibited.
The Provider does not guarantee that the quality of any products, services, information, or other materials obtained by the Customer will meet their expectations, nor does it assure the correction of any errors in the Service.
Section 6 – Account Information and Billing Accuracy
The Provider maintains the right to reject any order placed with them. At the Provider's discretion, there
may be constraints or cancellations on the quantity of items purchased per individual, per household, or per order. These limitations may extend to orders made through the same customer account, the same credit card, and/or orders using identical billing and/or shipping addresses. In the event of a modification or cancellation of an order, the Provider will make an effort to inform the Customer by reaching out to the email and/or billing address/phone number provided during the order placement. Furthermore, the Provider reserves the right to restrict or disallow orders that, in the Provider's sole judgment, seem to be placed by dealers, resellers, or distributors.
The Customer undertakes to provide up-to-date, comprehensive, and accurate purchase and account information for all transactions conducted on the Provider's site. The Customer also commits to promptly update their account and other details, such as email address, credit card numbers, and expiration dates, to facilitate seamless transactions and communication from the Provider.
Section 7 – Additional Tools and Resources
The Provider may grant the Customer access to third- party tools, the monitoring and control of which the Provider disclaims. The Customer acknowledges and accepts that the Provider provides access to such tools on an "as is" and "as available" basis, without any warranties, representations, or conditions and without endorsement. The Provider holds no liability for any issues arising from or connected to the Customer's use of these optional third-party tools.
The Customer's use of optional tools provided through
the site is entirely at their own risk and discretion. It is the Customer's responsibility to be acquainted with and consent to the terms set forth by the respective third-party provider(s). Additionally, the Provider may introduce new services and/or features on the website in the future, including the release of new tools and resources. These new features and/or services will also be governed by these Terms of Service.
Section 8 – External Links
Within the Provider's Service, certain content, products, and services may incorporate materials from third parties. Third-party links on the Provider's site might redirect the Customer to websites that are independent of the Provider. The Provider does not undertake the examination or evaluation of the content or accuracy of such third-party materials and websites, and it disclaims any warranty or responsibility for them.
The Provider bears no liability for any harm or damages arising from the purchase or use of goods, services, resources, content, or any transactions connected to third-party websites. Prior to engaging in any transaction, the Customer is advised to thoroughly review the policies and practices of the third party and ensure a clear understanding. Any complaints, claims, concerns, or questions regarding third-party products should be directed to the third party.
Section 9 – User Comments, Feedback, and Submissions
The Customer acknowledges and agrees that the Provider has the unrestricted right, at any time and without limitations, to edit, copy, publish, distribute, translate, and utilize in any medium the comments sent by the Customer, whether conveyed online, via email, postal mail, or any other means. The Provider is not obligated to (1) maintain the confidentiality of any comments; (2) offer compensation for any comments; or (3) respond to any comments.
While the Provider retains the right, it is not obligated to monitor, edit, or remove content that, in its sole discretion, is deemed unlawful, offensive, threatening, libelous, defamatory, pornographic, obscene, or otherwise objectionable, or that violates any party's intellectual property or these Terms of Service.
The Customer affirms that their comments will not infringe upon the rights of third parties, including copyright, trademark, privacy, personality, or any other personal or proprietary rights. Furthermore, the Customer assures that their comments will not contain libelous or unlawful, abusive, or obscene material, or any computer virus or malware affecting the Service's operation or any related website. Using a false email address, impersonating another person, or misleading the Provider or third parties regarding the origin of any comments is strictly prohibited. The Customer is solely responsible for the accuracy of their comments. The Provider disclaims responsibility and assumes no liability for any comments posted by the Customer or any third party.
Both the Customer and the Provider are bound to conduct all interactions under this agreement with the utmost fairness and respect. Any actions detrimental
to the reputation or legitimate interests of either party are strictly forbidden. This agreement establishes an affirmative duty to abstain from such detrimental conduct both during and after the trading relationship. Disputes should be resolved according to the terms of this agreement and applicable law. Violation of these provisions may lead to immediate legal action, including cease and desist notices and other legal remedies to safeguard the rights and interests of the aggrieved party.
Section 10 – Personal Information
The submission of personal data through the website is subject to The Provider's Privacy Policy.
Section 11 – Know Your Customer (KYC)
Oxiprop is committed to implementing robust and comprehensive procedures in adherence to legal and regulatory requirements related to Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).
11.2. Know Your Customer (KYC):
The goals of the Know Your Customer (KYC) procedures include:
11.2.1. Establishing an efficient mechanism to identify and vet prospective Counterparties.
11.2.2. Mitigating the risks of money laundering by
acquiring and analyzing relevant information. 11.2.3. Facilitating the detection of suspicious transactions by identifying inconsistencies with the received information.
11.3. Customer Due Diligence (CDD):
CDD is a mandatory process for initiating and maintaining engagements with Counterparties. The CDD protocol involves:
11.3.1. Collecting verifiable identification data from Counterparties to unequivocally establish their identity.
11.3.2. Understanding the intended nature and purpose of the Counterparty's trading activities, including strategies and financial market knowledge.
11.3.3. Performing ongoing monitoring of trading activities to ensure consistency with the Counterparty's stated strategy, risk profile, and financial resources.
11.4. Enhanced Due Diligence (EDD):
For high-risk relationships or transactions, as determined by The Provider's risk assessment, EDD will be implemented. Enhanced measures include: 11.4.1. Obtaining additional identity verification documents, particularly in cases where standard documentation is insufficient.
11.4.2. Conducting a detailed interview, possibly via video call, to engage with the Counterparty personally. 11.4.3. Gaining deeper insight into the Counterparty’s trading methodology, ensuring alignment with risk tolerance and ethical standards.
11.4.4. Implementing intensified and ongoing monitoring of the Counterparty's trading activities. 11.5. Know Your Customer (KYC) Procedures by Oxiprop:
The Provider shall undertake KYC measures for all proposed transactions and business relationships,
following these steps:
11.5.1. Verifying the Counterparty's identity based on original or certified documents after successful challenge phases.
11.5.2. Initiating the KYC verification process through scanning a QR code or receiving a verification link via SMS.
11.5.3. Requesting specific documents such as National ID, Passport, or Driving License.
11.5.4. Accepting only the most recent and valid documents to proceed with verification.
11.5.5. Directing the Counterparty to the “Agreement Signing” stage after gathering necessary documents. 11.5.6. Commencing the verification process, which may take 48-72 hours.
11.5.7. Reserving the right to refuse or discontinue business engagement if KYC criteria are not satisfactorily met; failure results in rejection of the Counterparty’s Oxiprop Account application.
Section 12 – Errors, Inaccuracies, and Omissions
On rare occasions, information on the site or within the Service may contain typographical errors, inaccuracies, or omissions related to product descriptions, pricing, promotions, offers, product shipping charges, transit times, and availability. The Provider reserves the right to rectify any errors, inaccuracies, and to modify or update information or cancel orders without prior notice (even after the Customer's order submission). The Provider assumes no obligation to update, amend, or clarify information in the Service or on any related website, except as required by law. No specific update or refresh date
should be interpreted as applying to the entire Service or any related website.
In case of discrepancies or anomalies in the Service, including but not limited to account details, transactions, or service features, the Customer must promptly report such issues to the Provider. Timely reporting facilitates efficient issue resolution, maintaining the integrity and accuracy of the Service. Customers can seek assistance and report issues to Oxiprop Support via the live chat option on the dashboard or website or by emailing [email protected]. The Provider retains the right to take appropriate actions to rectify discrepancies, ensuring the correct operation of the Service in line with the intended terms.
Section 13 – Restricted Uses
The Customer is prohibited from utilizing the site or its content:
(a) for any illegal purpose;
(b) to solicit participation in unlawful acts;
(c) to violate regulations, rules, laws, or ordinances; (d) to infringe upon intellectual property rights;
(e) to engage in discriminatory or harmful behavior; (f) to provide false information;
(g) to upload viruses or malicious code affecting the Service's functionality.
The Provider reserves the right to terminate the Customer's use for any breach.
Section 14 - Prohibited Trading Practices
14.1. The Customer is prohibited from engaging in trades violating stipulations in this section or the FAQ. Forbidden practices include Latency Trading, using external data feeds, Group Trading, high-frequency trading, and unfair advantage strategies.
14.2. The Provider may take corrective actions, including removing transactions, terminating Services, and canceling this agreement, if prohibited practices occur.
14.3. Repeated or widespread violations may result in canceling all Services and agreements for all relevant accounts.
14.4. The same violations on Provider's Trader accounts may lead to cancelation and termination.
14.5. Repeated practices after notification may result in denied access without compensation.
14.6. The Provider is not responsible for trading outside the relationship with third-party services, even if using the same platform.
Section 15 – Limitation of Liability; Disclaimer of Warranties
The Provider does not guarantee that the Customer's use of the service will be error-free, timely, secure, or uninterrupted. The results obtained from the service are not guaranteed to be accurate or reliable. The Provider may suspend or cancel the service at any time with or without notice. The Customer agrees that their use of the service is at their sole risk. The service, along with all products and services provided, is offered 'as is' and 'as available,' without any warranties or conditions, express or implied.
In no event shall The Provider or its affiliates be liable for any direct, indirect, incidental, punitive, or consequential damages arising from the Customer's use of the service or any products procured through the service. This includes, but is not limited to, lost profits, lost revenue, lost savings, loss of data, replacement costs, or any similar damages, whether based on contract, tort (including negligence), strict liability, or otherwise, even if advised of the possibility of such damages.
Section 16 – Indemnification
The Customer agrees to indemnify, defend, and hold harmless The Provider from any claims or demands, including reasonable attorneys' fees, arising from the Customer's breach of these Terms of Service or violation of any law or third-party rights.
Section 17 – Severability
If any provision of these Terms is deemed unlawful, void, or unenforceable, the remaining provisions will remain valid and enforceable to the maximum extent permitted by law.
Section 18 – Termination
Obligations and liabilities existing before the termination date will survive the termination of this agreement. These Terms of Service are effective until terminated by either the Customer or the Provider. The Customer can terminate these Terms at any time by notifying the Provider. The Provider may terminate this agreement at any time without notice if, in the Provider's sole judgment, the Customer fails to comply with any term or provision of these Terms. Upon termination, the Customer remains liable for all amounts due up to and including the termination date, and the Provider may deny access to the Services.
18.1 Trading Guidelines
The Customer must adhere to specific guidelines to avoid account termination:
18.1.1 Daily Loss Limits: The Customer must not exceed the specified daily loss percentage of the initial account size.
Azeroth and Sparta Models: 5%
Shadowland Stage-1 Model: 3%
Shadowland Stage-2 Model: 5%
18.1.2 Account Size Maintenance: The account balance must not drop below the specified percentage of the cycle's initial size.
Azeroth and Sparta Models: 90%
Shadowland Stage-1 Model: 94%
Shadowland Stage-2 Model: 90%
18.1.3 Minimum Trading Days Requirement: The Customer must trade for a minimum number of days depending on the model.
Azeroth Model: 5 days
Sparta Model: 10 days
Shadowland Models: 5 days
18.1.4 Oxiprop Challenge Sparta Model: Compliance with consistency rules is mandatory if designated as 'Consistency' in the FAQ.
18.1.5 Technical Flaw Exploitation: Prohibited and may lead to immediate suspension.
18.1.6 Hedging: Multiple hedged positions within a single Oxiprop Account are permissible,
18.1.7 Costs: All costs related to service provision are the Provider’s responsibility.
18.1.8 Applicable Rules: The terms outlined in the FAQ/ Rules govern Oxiprop Challenge accounts.
18.1.9 Modification by Add-ons and Special Offers: Add-ons and Special Offers may modify trading guidelines during the Oxiprop Challenge, taking precedence over standard guidelines.
Violations of these guidelines may result in the immediate closure of positions, account banning, and potential contract termination.
Section 19 – Refund Policy
19.1 Termination Request by Customer: Requests for termination result in loss of access to all services. No refunds are provided for fees or expenditures previously paid.
19.2 Repeated Violations: Persistent prohibited practices may lead to restricted access without compensation, and no refunds for fees.
19.3 Activation of Services: Acknowledgment is made by executing the first trade, waiving the right to contract withdrawal after the withdrawal period ends.
19.4 Non-Activation: Access is suspended if the Customer does not activate the Oxiprop Challenge within 30 calendar days. Renewal of access can be requested, subject to applicable terms.
19.5 Disputes and Chargebacks: Unjustifiable fee disputes or chargebacks may lead to ceased services and denial of future services at the Provider's discretion.
19.6 Refunds: Refund requests must be made within 7 days of registration if no trading activity has occurred. Once trading commences, fees become nonrefundable.
Section 20 – Entire Agreement
The Provider's decision not to exercise or enforce any right or provision of these Terms of Service does not constitute a waiver of such right or provision. Any waiver of rights is effective only if in writing and signed by the Provider. These Terms, along with posted policies, constitute the entire agreement between the Customer and the Provider, governing the use of the Service, and superseding all prior agreements, whether oral or written. In case of ambiguity, intent or interpretation questions will be resolved neutrally. This doesn't override the Customer's statutory rights under consumer protection laws.
Section 21 – Governing Law
These Terms, along with additional agreements for
Services, are regulated and construed in accordance with the Customer's legal jurisdiction.
Section 22 – Local Law
The Customer is advised to comply with local laws and regulations regarding participation in the Oxiprop Challenge. The Customer engages at their own risk, assuming responsibility and affirming they are over 18. The Provider is not responsible for Customer actions violating local laws, which are solely the Customer's responsibility.
Section 23 – Changes to Terms of Service
The legal jurisdiction of the Customer governs and construes these Terms of Service and agreements where the Provider provides Services.