Last Updated: June 1, 2023
Please read these Terms of Service ("Terms", "Terms of Service") carefully before using the DerivLite website and trading platform (the "Service") operated by DerivLite ("us", "we", or "our").
Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users, and others who access or use the Service.
By accessing or using the Service, you agree to be bound by these Terms. If you disagree with any part of the terms, then you may not access the Service.
RISK WARNING: Trading in derivatives instruments involves significant risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources, and risk tolerance.
To use our Services, you must:
When you create an account with us, you must provide information that is accurate, complete, and current at all times. Failure to do so constitutes a breach of the Terms, which may result in immediate termination of your account.
You are responsible for safeguarding the password that you use to access the Service and for any activities or actions under your password. We encourage you to use passwords with a high level of security.
You agree not to disclose your password or grant access to your account to any third party. You must notify us immediately upon becoming aware of any breach of security or unauthorized use of your account.
DerivLite provides financial services related to derivatives trading, including:
We reserve the right to modify, suspend, or discontinue any part of the Services at any time without notice or liability.
Certain aspects of our Service may be provided for a fee. If you elect to use paid features of the Service, you agree to pay the applicable fees and any taxes as described on the Service.
Fees are non-refundable except as required by law or as explicitly stated in these Terms.
We may change our fees at any time with notice. If you don't agree with the fee changes, you have the right to reject the changes by discontinuing your use of the applicable part of the Service.
We use third-party payment services to process payments. By using our paid services, you agree to the terms and privacy policies of those payment processors.
Trading in derivatives products carries a high level of risk and may not be suitable for all investors. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk tolerance.
You could sustain a loss of some or all of your investment and should not invest money that you cannot afford to lose. You acknowledge that:
The information provided through our Service is not intended as trading or investment advice.
The Service and its original content, features, and functionality are and will remain the exclusive property of DerivLite and its licensors. The Service is protected by copyright, trademark, and other laws.
Our trademarks and trade dress may not be used in connection with any product or service without the prior written consent of DerivLite.
You agree not to:
To the maximum extent permitted by law, DerivLite, its affiliates, officers, directors, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from:
In no event shall our total liability to you for all claims exceed the amount you have paid us in the past twelve months.
Your use of the Service is at your sole risk. The Service is provided on an "AS IS" and "AS AVAILABLE" basis without warranties of any kind, either express or implied.
DerivLite expressly disclaims all warranties of any kind, whether express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
We do not warrant that:
We may terminate or suspend access to our Service immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.
All provisions of the Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity, and limitations of liability.
Upon termination, your right to use the Service will immediately cease. If you wish to terminate your account, you may simply discontinue using the Service or contact us to request account deletion.
These Terms shall be governed by the laws of New York, without regard to its conflict of law provisions.
Any disputes arising under or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts located in New York, New York.
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. We will provide notice of changes by posting the updated terms on this page.
By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.
If you have any questions about these Terms, please contact us at:
Email: admin@derivlite.com
Address: 123 Financial District, New York, NY 10005
By using our services, you acknowledge that you have read and understood these Terms of Service.