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Terms of Use

Welcome to Lucrithm. Please read the following Terms of Use carefully before using this Site to be aware of your legal rights and obligations concerning the Lucrithm and our services. By accessing or using the Site or our Service, you expressly acknowledge and agree that you are entering a binding legal agreement and have understood and agreed to comply with and be legally bound by these Terms of Use. If you disagree to be bound by these Terms, please do not access or use the Site.

Site Access and Use of the service

This Site is only intended for individuals aged eighteen years or older. If you are under 18 years, please do not visit or use this Site. This Site and its services or information provided in this Site for commercial uses are prohibited. During the period in which these Terms are in effect, we hereby grant you permission to visit and use the Site, if you comply with these Terms and applicable laws.

Purpose
The information published within this website is for our proprietary algorithmic trading system and copy trading only and shall not be construed as an offer, invitation, inducement or a solicitation to subscribe in the investment products referred herewith. This site does not constitute investment advice, counsel, solicitation for investment or ensure guarantee. It is your responsibility to inform yourself of any applicable legal and regulatory restrictions and to ensure that your access and use of this information does not contravene any such restrictions and to observe all applicable laws and regulations of any relevant jurisdiction.

 

Risk Disclaimer

Trading margin carries a high level of risk and may not be suitable for all investors. Past performance and projections are not indicative of future results. The high degree of leverage can work against you as well as for you. The possibility exists that you could sustain a loss of some or all your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with leveraged trading and seek advice from an independent financial advisor if you have any doubts.

 

The Integrity of Your Information

Some of the Services on the Site require you to provide us with information about you, some of which may be of personal and sensitive nature and may also include information about personal finances. We may request your trading account number for optimization. Lucrithm copier is a third party system which may request for your trading account credentials in order to copy trades. Lucrithm will not have access to the information you provide in the copier system, including your trading account credentials. Should you provide such information to us, you undertake only to provide information that is accurate, true, complete and current, and to represent your identity truthfully. Our collection use and disclosure of your personal information is subject to these Terms of Use.

 

Terms of Services

No title to or ownership of any Product or Service of the Company is transferred to the Customer upon purchase. Lucrithm owns and retains all title and intellectual property rights in the Product or Service of the Company, including any adaptations or copies. Services provided by the Company are for personal use only. The Company does not permit commercial use of the Services, like copy trading or social trading. Lucrithm is not responsible for losses occurring due to a failure of transmission of information, internet trouble, network failure, computer virus, alteration of record, communication line failure either on the User end or the Company end.

1. Terms for Expert Advisors (EA)

Lucrithm does not warrant that the EA are free from minor errors not materially affecting performance and shall in accordance with normally accepted professional standards make good as quickly as is reasonably possible and at its own expense any defects identified during a period of <30> days after delivery of the Product. If the information provided by you is not accurate, true, complete and current, Lucrithm may charge service fee for the additional workload incurred for the changes. The undertaking given in this Clause shall not apply if the Product has been altered by any party other than the Company or has been operated or run on any platform or in any environment inappropriate for the Product. All sales are final. By purchasing the EA, the Customer certifies that he/she is well aware of this aspect and shall cease any right to file for a refund or cancellation after purchase. No title to or ownership of the EA is transferred to the Customer upon purchase. Lucrithm owns and retains all title and intellectual property rights in the EA, including any adaptations or copies. 

2. Terms for Lucrithm Copier

Copier accounts (users) are limited to trading balance of no more than $50,000 USD. Lucrithm holds the right to terminate the service immediately at any time, without prior notice. We do not guarantee response time and network uptime. Trade Copying does not guarantee anything. The user is responsible for any trades generated by the trade copier. By using the trade copier service, the user acknowledges that they are in complete control of the product, can turn it off, modify risk settings and trades at any time. It is highly recommended that you test any signals generated by the trade copier in a demo environment to verify that it in fact functions to your expectation.

Limitation of Liability

In no event shall Lucrithm and its partners, affiliates, employees and agents be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on the Lucrithm website, even if the Lucrithm or an authorized of the Lucrithm has been notified orally or in writing of the possibility of such damage. Any investment decisions you make in reliance on information which is available on our website or as a result of the use of our services are at your own risk and Lucrithm, and its partners, affiliates, employees and agents will not be liable for any direct, indirect, consequential profit/loss or any damages whatsoever arising from the usage of our Products or Services. You are solely and exclusively responsible for determining whether any investment, or strategy, or any other services is appropriate or suitable for you based on your investment objectives and personal and financial situation. 

Service Termination

Clients using our services must only for their own personal use and do not involve any of Lucrithm’s products and services in any copy trading / social trading related service. Any breach of this clause, clients will be liable for damages to Lucrithm with their services terminated as well.

Lucrithm may, at its sole discretion and without having to provide reason, refuse provision of the services, and may terminate the service at any time for any reason not stipulated herein, by notice to the e-mail address provided by the Client. The Company may terminate the service immediately at any time, without prior notice, if it determines, at its sole discretion, that the Client fails to comply with any of the terms and conditions of the Agreement, or in the event that there are reasonable grounds to suspect that the Client is acting in a manner inconsistent with any of these Terms of Use & Services.

 

​Changes to these Terms

Lucrithm has the discretion to update these Terms of Use and Services at any time. We encourage users to frequently check this page for any changes. You acknowledge and agree that it is your responsibility to review these Terms of Use and Services periodically and become aware of modifications.

Privacy Policy

This Privacy Policy governs the manner in which the Lucrithm collects, uses, maintains and discloses information collected from users. This Privacy Policy applies to the product and services offered by Lucrithm.

Personal identification information

We may collect personal identification information from you in a variety of ways, including, but not limited to, purchasing of our trading systems, and in connection with other activities, services, features, or resources we make available on our website. We will collect personal identification information from you only if they voluntarily submit such information to us; however, refusal to supply personal identification information may prevent you from engaging in certain products and services.

How we use collected information

Lucrithm may collect and use personal identification information for the following purposes:

  • To improve customer service
    Information you provide helps us respond to your customer service requests and support needs more efficiently.

  • To send periodic emails
    We may use email addresses to send information and updates pertaining to their order. Email addresses may also be used to respond to inquiries, questions, or other requests.

 

Sharing your personal information

We do not sell, trade, or rent personal identification information to others.

 

Third party websites

Users may find advertising or other content or services in our website that links to the websites and services of our partners, suppliers, advertisers, sponsors, licensors and other third parties. We do not control the content or links that appear on these websites and are not responsible for the practices employed by websites linked to or from our website. In addition, these websites or services, including their content and links, may be constantly changing. These websites and services may have their own privacy policies and customer service policies. Browsing and interaction on any other website, including websites which have a link to our users, is subject to that website's own terms and policies.

​Changes to this Privacy Policy

Lucrithm has the discretion to update this Privacy Policy at any time. We encourage users to frequently check this page for any changes. You acknowledge and agree that it is your responsibility to review this Privacy Policy periodically and become aware of modifications.

​Your acceptance of these terms

By accessing our website, you signify your acceptance of this Privacy Policy. If you do not agree to this Privacy Policy, please do not engage in our services.