Terms & Conditions

Effective Date: 12th June 2025

1. Introduction

Welcome to Global Magnate Capital Ltd.. These Terms and Conditions (“Terms”) govern your access to and use of the website operated by Global Magnate Capital Ltd. (the “Company”, “we”, “our”, or “us”) and all services provided through it, including but not limited to foreign exchange (Forex) trading services, financial market data, and associated financial technology solutions (collectively, the “Services”). By accessing or using our website at www.magnatefx.com (the “Website”) or by registering an account, you acknowledge that you have read, understood, and agree to be legally bound by these Terms.

If you do not agree to these Terms, you must immediately cease using the Website and Services.

2. Legal Capacity and Eligibility

• Are at least 18 years of age or the legal age of majority in your applicable jurisdiction;
• Possess the full legal capacity and authority to enter into binding agreements;
• Are not located in, a resident of, or otherwise accessing our Services from a jurisdiction where the provision or use of such Services is prohibited or restricted;
• Are not identified as a politically exposed person (PEP) or listed on any international sanctions or watchlists (e.g., OFAC, UN, EU, UK).

3. Regulatory Status

Global Magnate Capital Ltd. is a registered entity with the Financial Services Authority of Saint Lucia under registration number 2025-00329. The registered address of the Company is:

Foster Capital Inc, Robin Kelton Building, Choc Bay, Castries, Saint Lucia.

Global Magnate Capital Ltd. does not offer services in jurisdictions where it lacks legal authorization or licensing. It is your sole responsibility to comply with any local laws or regulations applicable to your financial or trading activities.

4. Risk Disclosure

• Leveraged trading can amplify both gains and losses;
• Historical performance is not indicative of future results;
• Losses may exceed your initial margin or deposit;
• You have reviewed and understand our Risk Disclosure Statement, which is incorporated into these Terms.

5. Account Registration and Verification (KYC)

• Provide accurate and truthful information;
• Keep your account details up to date;
• Submit valid identification and proof of address;
• Comply with any additional due diligence requests from our Compliance Team.

Failure to comply may result in restricted access or account closure.

6. Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) Compliance

• Monitor and analyze user activity for suspicious behavior;
• Report transactions to regulatory or enforcement authorities as required;
• Request additional verification documentation at any time.

Violations may result in immediate account termination and legal consequences.

7. Trading Services

• All trades executed are final and binding;
• You are solely responsible for your open positions and trading strategies;
• We may amend trading parameters such as margin or leverage due to market or regulatory changes;
• We are not responsible for technical delays or outages.

8. Deposits and Withdrawals

• Only payment accounts held in your own name may be used;
• Withdrawals will only be processed after full KYC verification;
• We may apply fees, limits, or hold periods for compliance or risk purposes;
• Any chargebacks or unauthorized payment disputes will be treated as potential fraud.

9. Fees and Charges

• Spreads and commissions;
• Swap or overnight charges;
• Deposit and withdrawal processing fees.

Fee schedules are publicly available on the Website and subject to change.

10. Intellectual Property Rights

All content, trademarks, designs, code, and intellectual property on the Website remain the property of Global Magnate Capital Ltd. or its licensed providers. Any unauthorized reproduction or distribution is strictly prohibited and may result in legal action.

11. Prohibited Conduct

• Market abuse, manipulation, or latency arbitrage;
• Use of automated systems without prior approval;
• Distribution of malware or harmful code;
• Breach of economic sanctions or regulatory laws.

Any violation may lead to immediate termination and reporting to competent authorities.

12. Limitation of Liability

• Losses arising from your trading decisions;
• Indirect or consequential damages;
• Platform downtime or service interruptions.

You use our Services at your own risk.

13. Indemnification

You agree to indemnify and hold harmless Global Magnate Capital Ltd., its directors, employees, and affiliates from any claims, damages, or losses (including legal fees) resulting from:

• Your use of the Services;
• Your violation of these Terms or applicable laws;
• Infringement of any third-party rights.

14. Privacy and Data Protection

We process personal data in line with our Privacy Policy, which is incorporated into these Terms. By using our Services, you consent to our handling of your data, including international transfers as necessary for regulatory or service delivery purposes.

15. Suspension and Termination

• You breach these Terms;
• You are suspected of fraudulent or illegal conduct;
• Required by regulatory authorities.

Upon termination, any outstanding fees or trading obligations will become due immediately.

16. Modifications to Terms

We reserve the right to update or amend these Terms at our discretion. You will be notified of material changes via email or Website posting. Continued use of the Services after updates constitutes your acceptance.

17. Governing Law and Jurisdiction

These Terms shall be governed by the laws of Saint Lucia. Any dispute or claim arising under or in connection with these Terms will be subject to the exclusive jurisdiction of the Courts of Saint Lucia.

18. Contact Information

For all legal, regulatory, or compliance-related correspondence, please contact:

Global Magnate Capital Ltd. – Compliance & Legal Department

• Email: compliance@magnatefx.com
• Phone: +971565948225
• Registered Address: Foster Capital Inc, Robin Kelton Building, Choc Bay, Castries, Saint Lucia
• Company Registration Number: 2025-00329