Terms and Conditions
1. Introduction
Welcome to Forex Republic! These Terms and Conditions constitute the agreement
between you ("Investor") and Forex Republic ("we", "us", or "our"), the B2B2C financial
service provider that offers algorithmic trading strategies. By using our services, you agree
to these Terms and Conditions and acknowledge that you are bound by the provisions
here in.
2. Definitions
In these Terms and Conditions, the following definitions apply:
-
Forex Republic: The B2B2C financial service provider and the collective name for the
offered algorithmic trading strategies. -
Investor: A user who chooses to invest in the trading strategies of Forex Republic.
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Services: The offered investment services and related activities.
3. Terms of Use
3.1. By using the services of Forex Republic, you agree to these Terms and Conditions.
3.2. Forex Republic reserves the right to amend these Terms and Conditions at any time.
We will notify you of such changes via email. It is your responsibility to regularly check
your email for notifications of changes. If you do not agree with the revised terms, you
must object within 14 days of receiving the notice. Failure to object and continued use of
our services after this period will mean that you accept the revised terms.
4. Risks and Responsibility
4.1. The investor acknowledges that investing, including the use of algorithmic trading
strategies, involves risks. Forex Republic does not provide investment advice and is not
liable for any financial losses resulting from the use of the services.
4.2. You are fully responsible for your investment decisions and bear the consequences of
such decisions.
5. B2B2C Financial Service Provider
5.1. Forex Republic is a provider of financial technology and operates as a B2B2C financial
service provider. We do not act as an investment fund or asset manager, do not manage
capital, and do not have direct access to your investments. Investors open and manage
their own trading accounts through a reputable partner broker.
6. Services and Access
6.1. Forex Republic offers investment services where investors can choose to invest in and
Forex Republic: The B2B2C financial service provider and the collective name for the
offered algorithmic trading strategies.
Investor: A user who chooses to invest in the trading strategies of Forex Republic.
Services: The offered investment services and related activities.
utilize the offered algorithmic trading strategies.
6.2. Access to the services may be restricted or suspended due to maintenance,
upgrades, or other technical reasons. Forex Republic will endeavor to notify investors in
advance of such restrictions.
7. Privacy and Data Security
7.1. Forex Republic maintains strict privacy and data security measures. User information is
treated confidentially in accordance with the General Data Protection Regulation (GDPR).
7.2. By using our services, you consent to the collection and use of personal information as
set out in the Forex Republic privacy policy. For more information, please refer to our
privacy policy.
8. Intellectual Property
8.1. All intellectual property rights relating to the algorithms and services of Forex Republic
remain the exclusive property of Forex Republic.
8.2. Investors are not permitted to reproduce, modify, distribute, or disclose the algorithms,
signals, or other services without prior written consent from Forex Republic.
9. Termination of Services
9.1. Forex Republic reserves the right to terminate the services at any time and without
giving reasons. However, we will endeavor to notify investors in a timely manner of such
termination.
10. Execution of Transactions and Slippage
10.1. Forex Republic strives for the best possible execution of transactions for investors.
However, slippage (the difference between the expected price of a transaction and the
price at which the transaction is actually executed) may occur due to market conditions.
10.2. Forex Republic has implemented safeguards to limit extreme slippage but cannot
guarantee that slippage can be completely avoided. Investors are encouraged to be
aware of this risk when participating in trading activities on our platform.
11. Withdrawals and Performance Fee
11.1. Investors have the right to withdraw capital at any time without any fees.
11.2. Forex Republic offers three portfolios: the Multi-Assets Fund, which has a performance
fee of 25%, and the Gold Fund and Bitcoin Fund, which both have a performance fee of
30%. This fee is automatically deducted monthly by the partner broker. You do not need to
take any action for this. The performance fee is calculated based on a high-water mark
and is fairly allocated to Forex Republic.
12. Disputes and Complaints Procedure
12.1. In the event of a dispute between Forex Republic and an investor, we strive for a fair
and transparent resolution. You can submit a dispute by contacting our customer service
at support@forexrepublic.io. Our team will carefully review the dispute and strive for a
satisfactory solution.
12.2. Investors who have a complaint about our services can submit it by sending an email
to support@forexrepublic.io. Please clearly state the nature of the complaint and include
any relevant documentation. Our customer service will respond within a maximum of 7
business days.
12.3. If you are not satisfied with the provided solution, you have the option to engage an
independent mediator. The costs of this mediation are at your own expense.
12.4. If a dispute cannot be resolved through the above procedures, it will be submitted to
the competent court. The jurisdiction for such disputes is in the Netherlands. The
applicable laws are those of the Netherlands.
12.5. Forex Republic reserves the right to amend this disputes and complaints procedure.
You will be notified of such changes via email.
13. Limitation of Liability
13.1. Forex Republic strives for responsible service provision but limits liability to reasonable
and foreseeable damages. In no event shall Forex Republic be liable for indirect or
consequential damages, including but not limited to loss of profit, missed opportunities, or
loss of data.
13.2. Investors acknowledge that financial markets inherently carry risks and understand
that results can be variable. Forex Republic is not liable for losses resulting from market
fluctuations, technical failures, or other unforeseen circumstances.
13.3. If any provision in these liability limitations is declared invalid or unenforceable, the
remaining provisions shall remain in full force and effect.
14. Changes to Services
14.1. Forex Republic reserves the right to make changes to the offered services. Investors
will be notified of such changes via email. By continuing to use the services after
notification of changes, you agree to the revised terms and services.
15. Force Majeure
15.1. Force majeure refers to unforeseen circumstances beyond the control of Forex
Republic that hinder the normal provision of services, such as natural disasters, wars,
strikes, government actions, or technological failures. In the event of force majeure, the
services may be suspended or affected. Forex Republic will make reasonable efforts to
inform investors of any service disruptions.
16. Supervision
16.1. Forex Republic provides software and services in collaboration with various partners,
including forex brokers. We do not act as an investment fund, asset manager, or broker,
and therefore do not require a license or regulation from financial regulators.
16.2. All investors using our services fall under the regulation and jurisdiction of the partner
broker with whom they open their trading account.
16.3. Forex Republic works with three brokers, two of which are based outside Europe. All our
brokers have at least top-tier regulation and are reputable and well-known in the market.
While this regulatory framework provides a level of safety and security, investors should
be aware that the legal regime of the partner broker may differ from that in their own
country.
16.4. Investors are encouraged to independently assess whether the regulatory framework
of the partner broker suits their needs. It is the responsibility of the investor to comply with
the regulations in their own jurisdiction and to understand the protections and rights they
have when using the services of Forex Republic and the partner broker.
17. Final Provisions
17.1. These Terms and Conditions constitute the entire agreement between Forex Republic
and the investors and replace all prior agreements or communications.
17.2. Forex Republic may assign this agreement to a partnership or a third party. The
investor may not assign this agreement without written consent from Forex Republic.