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following describes the terms and conditions upon which Golden Matrix Binary Ltd
offers access to its Website to you the customer ("you") and the
use of its services (the "Agreement").
This Agreement describes the terms, conditions and risks applicable to your use of our services available under the domain of www.goldenmatrixbinary.com (the "Site"). If you have any questions regarding this Agreement please contact Customer Support.
You must read, agree with and accept all of the terms and conditions contained in this Agreement without modifications, which include those terms and conditions expressly set forth below and those incorporated by reference, before you may become a customer of Golden Matrix Binary. By continuing to access or use the Site, you agree to follow the terms and conditions of this Agreement as they may apply to you.
This Agreement is
effective upon acceptance in registration for newly registering
customers. If you do not agree to be bound by the terms and conditions
of this Agreement, do not use or access our services, and inform us in
For avoidance of doubt, we shall not be responsible for any unauthorized use by Minors of our Services in any way or manner.
Furthermore, our Services are available only to, and may only be used by individuals who have sufficient experience and knowledge in financial matters to be capable of evaluating the merits and risks of acquiring financial contracts via this Site and have done so without relying on any information contained in this Site. You shall bear sole responsibility for any decision made and/or to be made by you relying on the content of the Site.
Without derogating from the above provision, we
shall not be responsible for verifying and/or checking whether you
possess such sufficient knowledge and/or experience, nor shall we be
responsible for any damage and/or loss incurred by you due to and/or
related to the Site, transactions carried out by you and/or your use of
You agree not to resell or permit access of the Site to others, and not to copy any materials appearing on the Site for resale or for any other purpose to others without the prior written consent of Golden Matrix Binary.
For avoidance of doubt, you shall be responsible and bound by any unauthorized use of the Site, made in breach of this section.
agree to use the information received from the information systems of Golden Matrix Binary for the sole purpose of executing transactions inside and within the
You further agree not to use any electronic communication feature of a Service on the Site for any purpose that is unlawful, tortuous, abusive, intrusive on another's privacy, harassing, libelous, defamatory, embarrassing, obscene, threatening or hateful.
License granted under this Agreement will terminate if Golden Matrix Binary believes
that any information provided by you, including your e-mail address, is
no longer current or accurate, or if you fail to otherwise comply with
any term or condition of this Agreement and all rules and guidelines for
each service or Golden Matrix Binary establishes that you have abused in any way
(including but not limited to engaging in a transaction out of market
rates) the Golden Matrix Binary trading platform.
Golden Matrix Binary may make available to you through one or more of its Services a broad range of financial information that is generated internally or obtained from agents, vendors or partners ("Third Party Providers"). This includes, but is not limited to, financial market data, quotes, news, analyst opinions and research reports, graphs or data ("Financial Information").
Financial Information provided on this
Site is not intended as investment advice. Golden Matrix Binary does not endorse or
approve the Financial Information, and we make it available to you only
as a service for your own convenience. Golden Matrix Binary and its Third Party Providers
do not guarantee the accuracy, timeliness, completeness or correct
sequencing of the Financial Information, or warrant any results from
your use or reliance on the Financial Information.
Information may quickly become unreliable for various reasons
including, for example, changes in market conditions or economic
circumstances. Neither Golden Matrix Binary nor the Third Party Providers are obligated
to update any information or opinions contained in any Financial
Information, and we may discontinue offering Financial Information at
any time without notice.
Golden Matrix Binary reserves the right in its sole discretion to refuse, cancel the Services, and/or refuse to distribute profits to anyone for any legitimate reason including, but not limited to:
• any instance when Golden Matrix Binary has cause to believe that a person's activities on the Site may be illegal;
• any instance where one or more transactions on the Site are judged byGolden Matrix Binary to have been performed in violation of this Agreement.
Golden Matrix Binary offers a number of attractive reward features to its new and regular customers. Bonuses and one time trading credits rewarded to customers are part of Golden Matrix Binary's promotions program. These bonuses are limited time offers and the terms and conditions associated with any bonus rewards are subject to change.
In order to withdraw your full
bonus, you will be required to execute a minimum trading volume of 30
times for every $1 bonus. The bonus can only be withdrawn when the
preceding stipulation has been fully met and fulfilled.
Any indication of fraud, manipulation, cash-back arbitrage, or other forms of deceitful or fraudulent activity based on the provision of the bonus will nullify the account and any and all profits or losses garnered.
12A. REFER A FRIEND
You will be entitled to receive the Refer a Friend Bonus (the "RF Bonus") if:
Following a referral by you of a friend to Golden Matrix Binary (in accordance with the
referral procedure of Golden Matrix Binary), the friend opens a user account with Golden Matrix Binary,
deposits at least USD 200 in his account and performs a trade via the
Site; provided that the friend never had a user account with Golden Matrix Binary (such a
friend will be deemed a "Friend"), and (ii) Prior to the Friend opening
an account with Golden Matrix Binary, you had a valid user account with Golden Matrix Binary, deposited
USD 200 (at least) in your account with Golden Matrix Binary and performed a trade via
The sum of the Bonus will be USD 50 that will be deposited in the user accounts of both the Referee and the Friend. Each of the Referee and the Friend will be allowed to redeem the Bonus for withdrawal purposes only after making trades in the volume of at least 30 (thirty) times the sum of the Bonus.
If you are entitled to receive the RF Bonus, the Friend will be entitled to receive an RF Bonus as well.
either you or the Friend are entitled to receive any other bonus, prize
or benefit from Golden Matrix Binary in connection with the activities that give rise to
the entitlement to the RF Bonus, then you and the Friend will receive
the higher of the RF Bonus or the other bonus, prize or benefit – to be
decided at the sole discretion of Golden Matrix Binary.
at any time before you or the Friend receive the RF Bonus, your or the
Friend's account with Golden Matrix Binary at the Site is closed, blocked, or
self-excluded from promotional offers, neither the Friend nor you will
be eligible for any RF Bonus.
sum of the RF Bonus will be USD 50 that will be deposited in the user
accounts of you and the Friend. You and the Friend will receive the RF
Bonus in your user accounts within two business days from the date in
which you are entitled to receive the RF Bonus in accordance with these
terms and conditions.
There is no limit on the number of RF Bonuses you may receive, subject to these terms and conditions.
For the avoidance of doubt, it is hereby clarified that an RF Bonus will be granted once per Friend.
Golden Matrix Binary's
decision is final on all matters relating to the awarding of the RF
Bonus and shall not be subject to review or appeal by you or any third
The provisions of article 12 of these terms and conditions apply to the RF Bonus as well.
THE FOREGOING LIMITATION OF LIABILITY SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW IN THE APPLICABLE JURISDICTION AND IN NO EVENT SHALL Golden Matrix Binary'S CUMULATIVE LIABILITY TO YOU EXCEED THE AMOUNT OF MONEY YOU TRANSFERRED OR DEPOSITED IN YOUR ACCOUNT ON THE SITE IN RELATION TO THE TRANSACTION GIVING RISE TO SUCH LIABILITY.
No person shall abuse this site for the purpose of money laundering. Golden Matrix Binary employs best-practice anti-money laundering (AML) procedures. Golden Matrix Binary reserves the right to refuse to do business with, to discontinue to do business with, and to reverse the transactions of, customers who do not accept or conform to the following AML requirements and policies:
• Live traders must provide all requested information upon registration.
• Golden Matrix Binary may, from time to time, at its sole discretion, require a customer to provide additional proof of identity such as notarized copy of passport or other means of identity verification as it deems required under the circumstances and may at its sole discretion suspend an account until such proof has been provided to its satisfaction
Images displayed on the Site are either the property of Golden Matrix Binary or used with permission. You agree not to upload, post, reproduce or distribute any information, software or other material protected by copyright or any other intellectual property right (as well as rights of publicity and privacy) without first obtaining the permission of the owner of such rights and the prior written consent of Golden Matrix Binary.
agree to defend and indemnify Golden Matrix Binary and its officers, directors,
employees, and agents and to hold them harmless from and against any and
all claims, liabilities, damages, losses, and expenses, including
without limitation reasonable attorney's fees and costs, arising out of
or in any way connected with (i) your access to or use of the Site or
Services; (ii) your violation of any of the terms of this Agreement; or
(iii) your breach of any applicable laws or regulations.
The term of the Agreement shall be unlimited, however Golden Matrix Binary will be allowed to terminate this Agreement at any time by notice to you. As of termination, you shall not be able to carry out new transactions.
This Agreement shall be governed by and interpreted in accordance with the laws of the British Virgin Islands excluding that body of law pertaining to conflict of laws. Any legal action or proceeding arising under this Agreement will be brought exclusively in courts located in the British Virgin Islands, and the parties hereby irrevocably consent to the personal jurisdiction and venue therein.
Golden Matrix Binary will not be liable in any way to any persons in the event of force majeure, or for the act of any government or legal authority.
event that any provision in this Agreement is held to be invalid or
unenforceable, the remaining provisions will remain in full force and
The failure of a party to enforce any right or provision
of this Agreement will not be deemed a waiver of such right or
Golden Matrix Binary may assign this Agreement or any rights and/or obligations hereunder without your consent.