Terms of Service
Please read these terms carefully before using our services.
Last Updated: January 1, 2025
1. Acceptance of Terms
By accessing or using the ThorForex website and services, you agree to be bound by these Terms of Service ("Terms"). If you do not agree, please do not use our services. These Terms constitute a legally binding agreement between you and ThorForex.
2. Eligibility
You must be at least 18 years old and capable of forming a binding contract to use our services. By registering, you represent that you are not a resident of any restricted jurisdiction (including the USA, Iran, North Korea) and that your use complies with all applicable local laws.
3. Account Registration and Security
You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You agree to notify us immediately of any unauthorized access. We reserve the right to refuse service, terminate accounts, or cancel transactions at our discretion.
4. Trading Risks
Trading Forex and CFDs involves significant risk. You may lose some or all of your invested capital. Past performance does not guarantee future results. You acknowledge that you fully understand the risks and that ThorForex is not liable for any trading losses incurred.
5. Fees and Charges
We may charge spreads, commissions, overnight financing (swap) fees, and other fees as detailed on our website and trading platforms. All fees are subject to change with prior notice. You are responsible for any taxes applicable to your trading activity.
6. Prohibited Conduct
You agree not to:
- Use our services for any illegal or unauthorized purpose.
- Manipulate, abuse, or exploit the trading platform (e.g., latency arbitrage, unfair practices).
- Impersonate any person or entity or provide false information.
- Interfere with the security or proper functioning of the website or systems.
7. Termination
We may suspend or terminate your account at any time for violations of these Terms or for any other reason at our sole discretion. You may close your account by contacting support. Upon termination, your right to access the services ceases immediately.
8. Intellectual Property
All content on the ThorForex website, including logos, text, graphics, and software, is owned by or licensed to us and is protected by intellectual property laws. You may not reproduce, distribute, or create derivative works without our express written consent.
9. Disclaimer of Warranties
Our services are provided "as is" and "as available" without any warranties, express or implied. We do not guarantee that the platform will be uninterrupted, error-free, or secure. We disclaim all liability for any loss or damage arising from your use of the services.
10. Limitation of Liability
To the maximum extent permitted by law, ThorForex and its affiliates shall not be liable for any indirect, incidental, special, or consequential damages arising out of or in connection with these Terms or your use of the services, even if advised of the possibility of such damages.
11. Indemnification
You agree to indemnify and hold harmless ThorForex, its employees, and partners from any claims, losses, or expenses (including legal fees) arising from your violation of these Terms or your use of the services.
12. Governing Law and Dispute Resolution
These Terms shall be governed by the laws of the British Virgin Islands (or your applicable jurisdiction). Any disputes arising out of these Terms shall be resolved through binding arbitration in accordance with the rules of the relevant arbitration association.
13. Amendments
We may update these Terms from time to time. The latest version will be posted on this page with an updated "Last Updated" date. Your continued use of the services after changes constitutes acceptance of the revised Terms.
14. Contact Information
If you have any questions about these Terms, please contact us:
ThorForexInternational Financial Centre, 8th Floor
London, United Kingdom
Email: support@thorfx.com
Phone: +1 234 567 890