Terms and Conditions
The content of this website is made available for your general information only and does not constitute the giving of investment advice or an offer to sell or the solicitation of an offer to buy any investment.
The information contained on this site has been given in good faith and every effort has been made to ensure its accuracy. AudaCity Capital accepts no responsibility for any loss occasioned as a result of reliance placed on any parts of the contents of this website and makes no warranty as to the accuracy of any such information or content. The terms and conditions applicable to individual investors will be set out in the applicable contract or offering document.
Your use of the AudaCity Capital website is governed by these terms and conditions and by progressing beyond the home page you are deemed to accept these terms and conditions. AudaCity Capital makes no representations or warranties whatsoever about any of the content of this website or about content of any other website which you may access by hypertext link through this website.
When you access any other website by means of a link from this website you should understand that your access to that other website is independent of AudaCity Capital and AudaCity Capital has no control over the content of the website and AudaCity Capital does not, in any way ,endorse or approve the content of that website.
In no event will AudaCity Capital in any way be liable to you or any other person(s) or organisation(s) for loss or damage (whether direct, indirect, consequential, special or other) in connection with any use of this website.
If you are in any doubt about any of the information contained on this website please contact us or consult your usual professional financial advisor, if you have one.
Opinions and any other information that may be included on the website are for your personal use and informational purposes only and are not necessarily the views or opinions of AudaCity Capital or the contributors whose views or opinions may change from time to time.
AudaCity Capital reserves the right to change the terms and conditions under which the website is offered without further notice to you. Your continued use of the the website shall signify your agreement with and understanding of any additional or modified terms and conditions applicable to the website, which additions and modifications can be made at any time, without notice.
Terms and Conditions.
These General Terms and Conditions govern rights and obligations in connection with the use of services provided by Audacity Capital Global. (the “Services”), offered mainly through the www.ability.capital.co.uk website (the “Website”). Please read these GTC carefully. These GTC govern your (“you”, “your”, or the “Customer”) rights and obligations in connection with the use of the services provided by AudaCity Global Limited (Company Number 11652683) referred as AudaCity Capital (Trading Name) Address: One Canada Square, Level 8 - Office 8.05, London E145AA, UK.
You are under no obligation to use the Services if you do not agree or understand any portion of these Terms, nor should you use the Services unless you understand and agree to these Terms. You can review the most current version of the Terms of Service at anytime on this page.
We reserve the right to update, change or replace any part of these Terms of Service by posting updates and/or changes to our website. It is your responsibility to check this page AND the website periodically for changes. Your continued use of or access to the website following the posting of any changes constitutes acceptance of those changes.
1.1 By registering on the Website or, where registration is not required, not later than by your first use of the Services, you are entering into a contract with the Provider, the subject of which is the provision of the Services of your choice. The GTC form an integral part of such a contract and, by executing the contract with the Provider, you express your agreement to these GTC.
1.2 The Services are only intended for persons over the age of 18residing in the country for which the Services are available. By registering on the Website, you confirm that you are over 18 years of age. If you are under 18years of age, you may not use the Services. You undertake to access the Services solely from one of the countries for which the Services are available. You acknowledge that your access to and use of the Services may be restricted or prohibited by law in some countries, and you undertake to only access and use the Services in accordance with applicable laws.
1.3 Any new features or tools which are added to the current store(under provided accounts section) shall also be subject to the Terms of Service. You can review the most current version of the Terms of Service at anytime on this page. We reserve the right to update, change or replace any part of these Terms of Service by posting updates and/or changes to our website. It is your responsibility to check this page periodically for changes. Your continued use of or access to the website following the posting of any changes constitutes acceptance of those changes.
2. Demo Challenge
2.1 The Services consist of the provision of tools for simulated trading on financial markets. Financial market information is used in the simulated trading; however, you acknowledge that any trading that you perform through the Services is not real. You also acknowledge that the funds provided to you for demo trading are fictitious and that you have no right to possess those fictitious funds beyond the scope of their use within the Services, and in particular that they may not be used for any actual trading and that you are not entitled to the payment of those funds. Unless expressly agreed otherwise, you will not be paid any remuneration or profits based on the results of your simulated trading, nor will you be required to pay any losses.
2.2 NONE OF THE SERVICES PROVIDED TO YOU BY THE PROVIDER CAN BECONSIDERED INVESTMENT SERVICES IN ACCORDANCE WITH APPLICABLE LAWS. THE PROVIDERDOES NOT GIVE OR PROVIDE TO YOU ANY GUIDANCE, INSTRUCTIONS, OR INFORMATIONABOUT HOW OR IN WHICH MANNER YOU SHOULD PERFORM TRANSACTIONS WHEN USING THESERVICES OR OTHERWISE, OR ANY OTHER SIMILAR INFORMATION ABOUT THE INVESTMENTTOOLS TRADED, NOR DOES THE PROVIDER ACCEPT ANY SUCH GUIDANCE, INSTRUCTIONS, ORINFORMATION FROM YOU. NONE OF THE SERVICES CONSTITUTE INVESTMENT ADVICE ORRECOMMENDATIONS. NO EMPLOYEES, STAFF, OR REPRESENTATIVES OF THE PROVIDER AREAUTHORIZED TO PROVIDE INVESTMENT ADVICE OR RECOMMENDATIONS. SHOULD ANYINFORMATION OR STATEMENT OF ANY EMPLOYEE, STAFF, OR REPRESENTATIVES OF THEPROVIDER BE INTERPRETED AS INVESTMENT ADVICE OR RECOMMENDATIONS, THE PROVIDEREXPLICITLY DISCLAIMS THAT THE SAME IS INVESTMENT ADVICE OR RECOMMENDATIONS ANDSHALL NOT BE RESPONSIBLE FOR THEM.
3.1 The fee for the Ability Challenge varies according to the option selected and depends on the amount of the initial capital. More detailed information on individual options and fees for those options are provided on the website. The final fee will be determined based on the option you select when completing the form for ordering the Ability Challenge. The Provider reserves the right to also provide the Services under individually agreed conditions. All individually agreed conditions shall be determined by the Provider at its own discretion. ALL PAYMENTS ARE FINAL AND FOR EVALUATION PURPOSES ONLY.
3.2 The registration fees are paid for allowing you to access the Ability program platform, models and services. The Customer is not entitled to a refund of the registration fees if the service has been started (i.e. the account has been purchased) and/or the customer did not successfully complete the Evaluation. The customer is not entitled to open a dispute for the paid fee with the Customer’s bank or payment service provider as the completion of the purchase entitles the acceptance of the T&C.
3.3 The amounts of fees for the Ability Challenge options are in Great British Pounds. In the event of payment of the fee in any other currency than the GBP, the amount of the fee for the selected option shall be converted using the most recent exchange rate.
3.4 You can pay the fee for the selected option of the Ability Challenge by a payment card, via a bank transfer, or using other means of payment that the Provider currently offers on the Website.
By agreeing to these Terms of Service, you represent that you are at least the age of majority in your state or province of residence, or that you are the age of majority in your state or province of residence and you have given us your consent to allow any of your minor dependents to use this site. You may not use our services for any illegal or unauthorized purpose nor may you, in the use of the Service, violate any laws in your jurisdiction(including but not limited to copyright laws).
A breach or violation of any of the Terms will result in an immediate termination of your Services. The material on this site is provided for general information only and should not be relied upon or used as the sole basis for making decisions without consulting primary, more accurate, more complete or more timely sources of information. Any reliance on the material on this site is at your own risk. As an option to mitigate your risk you are always welcome to email your questions at email@example.com.
General conditions and modifications
We reserve the right, but are not obligated, to limit the sales of our products or Services to any person, geographic region or jurisdiction. We may exercise this right on a case-by-case basis. We reserve the right to limit the quantities of any products or services that we offer. All descriptions of products or product pricing are subject to change at anytime without notice, a tour sole discretion. We reserve the right to discontinue any product at anytime. Prices for our products are subject to change without notice. We reserve the right at any time to modify or discontinue the Service(accounts provided) (or any part or content thereof) without notice at anytime. We shall not be liable to you or to any third-party for any modification, price change, suspension or discontinuance of the Service.
In addition to other prohibitions as set forth in the Terms of Service, you are prohibited from using the site or its content: (a) for any unlawful purpose; (b) to solicit others to perform or participate in any unlawful acts; (c) to violate any international, federal, provincial or state regulations, rules, laws, or local ordinances; (d) to infringe upon or violate our intellectual property rights or the intellectual property rights of others;(e) to harass, abuse, insult, harm, defame, slander, disparage, intimidate, or discriminate based on gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability; (f) to submit false or misleading information; (g) to upload or transmit viruses or any other type of malicious code that will or may be used in any way that will affect the functionality or operation of the Service or of any related website, other websites, or the Internet; (h) to collect or track the personal information of others; (i) to spam, phish, pharm, pretext, spider, crawl, or scrape; (j) for any obscene or immoral purpose; or (k) to interfere with or circumvent the security features of the Service or any related website, other websites, or the Internet. We reserve the right to terminate your use of the Service or any related website for violating any of the prohibited uses.
These Terms of Service are effective unless and until terminated by either you or us. You may terminate these Terms of Service at any time by notifying us that you no longer wish to use our Services, or when you cease using our site.
Traders will need to demonstrate consistency within their results in regards to trade length and lot size in order to pass the 7 minimum trading days. For example if a trader opens one position at 15 lots on one day, then 6 positions at 0.1 lot on 6 other trading days, this will result in failing the Ability Challenge.