Terms and Conditions

Terms of Service

Scope of application

The general terms and conditions (hereinafter referred to as GTC) apply to the relationship between


AGORA Trading System Limited
Registered Office:
Schwäbische Str. 5
10781 Berlin
Deutschland

and the users or customers.

Only the terms and conditions of AGORA Trading System Limited do apply. Changes are only valid for clients if they are made in writing.

Website

AGORA Trading System Limited is the operator of the website http://www.agora-direct.com. The applicable regulations for use are listed on the website under Privacy Policy, Legal notes, Terms and Conditions for Website Usage and Terms and Conditions. These are the legal and organizational information and principles on which the operation of this website, the offer for users and customers and the business activities of AGORA Trading System Limited are based. The customer recognizes these rules as binding, otherwise AGORA Trading System Limited must reject all possible claims and complaints from users and customers herewith in full.

Name

AGORA Trading System Limited is also known as AGORA direct, AGORA direct™, AGORA-direct, or AGORA-direct™. on the website and in the forms. Interested parties, users and customers recognize this linguistic regulation.

Business activity

As an independent service provider for stock exchange transactions, AGORA Trading System Limited offers the brokerage of accounts for customers to international brokers and banks through which customers can independently process their stock exchange transactions. AGORA Trading System Limited offers support for filling out the respective account opening documents. AGORA Trading System Limited provides general information, if so requested by the customer, about trading in products that can be traded on the stock exchange and how they are processed. AGORA Trading System Limited provides the software and/or devices required for stock exchange transactions on request. Agora Trading System Limited provides general consulting services in connection with the opening and management of trading accounts. Agora Trading System Limited does not provide any financial services within the meaning of the KWG.

Benefits

The customer pays a fee for every stock exchange transaction. This fee is used to cover the costs that are necessary to process the stock exchange transaction. AGORA Trading System Limited and their contractual partners receive a commission from the account-holding institute for referring customers.

Obligations of the customer

The customer must provide the information required in the account opening order completely and truthfully and send them signed together with further documents to AGORA Trading System Limited. The customer is solely responsible for the completeness and correctness of all information. The customer is obliged to inform AGORA Trading System Limited immediately of all important facts and their changes. The customer is obliged to notify immediately any important changes in the economic situation regarding his assets. All communications to AGORA Trading System Limited must be understandable. Any consequences of incomplete notifications are borne solely by the customer. The notifications must be timed so that AGORA Trading System Limited can implement them. AGORA Trading System Limited is released by the customer from liability for any damage if damage is caused by non-compliance or disregard of the terms and conditions.

Obligations of AGORA Trading System Limited

AGORA Trading System Limited receives an account opening order signed by the customer, AGORA Trading System Limited is obliged to forward the customer order in such a way that the account opening order can be fulfilled by the recipient broker or bank. AGORA Trading System Limited is obliged to check the information only formally, whether the customer has formally filled in the necessary information in the account opening order. AGORA Trading System Limited is not obliged to check whether this information corresponds to the facts. AGORA Trading System Limited does not guarantee that the account opening order will also be accepted by the recipient broker or bank and that an exchange trading account will be opened.

Risk information

The customer acknowledges that when trading financial instruments, regardless of the risk category, there is a general risk of total loss. AGORA Trading System Limited does not make investment recommendations at any time. Incidentally, AGORA Trading System Limited hereby refers to the risk information in the account opening order. The newsletters created by AGORA Trading System Limited are at no time a request to trade or act on stock exchange products.

Liability

AGORA Trading System Limited is only liable according to these terms and conditions. If these terms and conditions do not regulate a contentious issue, the statutory provisions apply. The compensation is limited to intent and gross negligence. Compensation for damages resulting from simple negligence is only available insofar as this is required by law. The availability of the AGORA Trading System Limited website (e.g. www.agora-direct.com) cannot be 100 percent guaranteed. AGORA Trading System Limited is only liable for damage if intent or gross negligence on the part of AGORA Trading System Limited is proven. AGORA Trading System Limited is generally not liable for services from contracts that AGORA Trading System Limited has brokered.

Language

Our service language is German. Other languages offered are Polish and English. Even if AGORA Trading System Limited strives for complete and correct translations, AGORA Trading System Limited assumes no liability for the topicality, correctness, completeness or quality of the translations provided.

Changes to the terms and conditions

Changes to these terms and conditions are made available to the customer in his customer portal in the current version. They are considered approved if the customer has not raised an objection to them within eight weeks of being made available. The sending of the objection is decisive for the deadline.

Final regulations

The law of the Federal Republic of Germany applies, the place of jurisdiction is Berlin. AGORA Trading System Limited can also take legal action at the customer‘s place of jurisdiction.

Severability clause

Should any part of these terms and conditions be or become invalid, the remaining rules remain unaffected. There is an obligation to replace the ineffective part with a part that comes closest to the invalid part.

Effective, Berlin 30. March 2021

AGORA Trading System Limited
Management

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