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Terms of Use

Last updated: 10 Jun 2024

The use of this website (the “Site”) is governed by these Terms of Service. If you do not agree to these Terms of Service, you must not use our Site or our services.

For the purposes of these Terms of Service, the term “Services” refers to all Services made available from time to time by us via the Site, including all changes and updates.

Please read these Terms of Service carefully.

By accessing, viewing or downloading information from the Site and using the Services provided by, you confirm that you accept these Terms of Service and that you agree to comply with them.

ELIGIBILITY

To be eligible to use this Site and our Services:

You must be 18 years old or over; and
You must not be a resident of, or be established (including but not limited to holding a valid passport) in the United States of America or any other jurisdiction where our Services are restricted.

WHO WE ARE

We are Globe Derivative Trading Limited, a company incorporated in the Republic of Seychelles under company number 212550, trading as Globe.

CONTACT US

Email [email protected] with any feedback, questions or complaints.

CHANGES TO THESE TERMS OF SERVICE

We amend these Terms of Service from time to time.

Every time you wish to use our Site, please check these Terms of Service to ensure you understand the terms that apply at that time.

Copies of the most recent version will be made available on the Site at all times and will be provided to you by email on your request.

CHANGES TO OUR SITE

Our Site is made available free of charge.

We may update and change our Site from time to time, to reflect changes to our Services, our users' needs and our business priorities.

We do not guarantee that our Site, or any content on it, will always be available or be uninterrupted. We may suspend or withdraw or restrict the availability of all or any part of our Site for business and operational reasons.

You are responsible for ensuring that all persons who access our Site through your internet connection are aware of these Terms of Service of use and other applicable Terms of Service and conditions, and that they comply with them.

REGISTRATION, ACCOUNTS AND ACCESS

You can open an initial account by providing your email address, and by choosing a username and password.

If you choose, or you are provided with, a user identification code, password or any other piece of information as part of our security procedures, you must treat such information as confidential. You must not disclose it to any third party.

We have the right to disable any user account or password, whether chosen by you or allocated by us, at any time, if in our reasonable opinion you have failed to comply with any of the provisions of these Terms of Service.

You accept that Globe reserves the right to liquidate any trades at any time regardless of the profit or loss position.

If you know or suspect that anyone other than you knows your password, you must promptly notify us at [email protected].

DUE DILIGENCE

We reserve the right to verify your identity for the purposes of complying with the Seychelles’ Anti-Money Laundering Act 2006 or any other applicable law. You agree to cooperate with us in our due diligence process and will provide all documentation or information that we may require to satisfy ourselves of your identity and the purpose of the business relationship.

WITHDRAWAL

It is your responsibility to provide us with the correct details of your withdrawal address. We accept no liability for any incorrect transactions.

ACCOUNT SUSPENSION AND TERMINATION

We may freeze any account in the event that we suspect or have reason to believe you are engaged in suspicious trading or other activity or have breached any of the above warranties or other provisions of these Terms.

This may result in the unwinding or full reversal of any trades you have entered into. We expressly exclude any losses or profits you would have made as a result of all trading activity performed during the period of violation, including but not limited to closing your trade positions early or you not being able to trade on the Trading Platform and you agree to indemnify us completely against any third party action resulting from your conduct or us having to close your positions early.

Whilst your account is frozen we will conduct an investigation and may require you to cooperate with our enquiries. During the investigation stage you will not be able to make deposits or withdrawals to your account nor will you be able to trade. At the end of the investigation we may, at our own discretion, decide to close your account for which we are not required to provide you with any reasons for the same. We reserve the right at our own discretion to close your account at any time.

REPRESENTATIONS AND WARRANTIES

By using this Site you warrant that:

you are at least 18 years of age and have the capacity to accept the Terms of Service
you are the legal owner of any funds deposited to an account with Globe

you alone are in full control of the account
you are not and do not intend to participate in any market manipulation activity, including but not limited to (i) all self-trading activities, (ii) simultaneous leveraged trading of futures relating to thinly traded spot markets whose price you are trying to control (iii) intent to tactically liquidate your own accounts
any funds you deposit are from a legitimate source
using our Services does not constitute a breach of your home jurisdiction’s laws
any information or documents you provide as part of any process and including but not limited to the ID verification process are correct, genuine and up-to-date
any withdrawal address you provide is your own and that you have full control over it
you are not a resident or established in the United States of America or any other jurisdiction where the Services offered are restricted

DISCLAIMER

The content on our Site is provided for general information only and, at times, may be incomplete, out of date or inaccurate. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our Site.

Any reliance on this information is solely at your own risk.

To the fullest extent permitted by applicable law:

we exclude all implied conditions, warranties, representations or other terms that may apply to our Site or any content on it
we will not be liable to you for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with: (a) use of, or inability to use, our Site; or (b) use of or reliance on any content displayed on our Site. Without prejudice to the foregoing, we will not be liable for:
loss of profits, sales, business, or revenue;
interruption of use or loss or corruption of data;
business interruption;
loss of anticipated savings;
any indirect or consequential loss or damage.
Subject to the limitations referred to above, our total liability to you, whether in contract, tort (including negligence), for breach of statutory duty, or otherwise, arising under or in connection with this agreement shall be limited to an amount equivalent to the fees paid by you to us under this agreement during the twelve (12) month period prior to the cause of action.

SERVICE PERFORMANCE

We do not warrant that the use of the Site or any materials contained therein will be uninterrupted or error free. Services are provided on an “as is” and “as available” basis without any representation or warranty, whether express or implied, to the maximum extent permitted by applicable law.

We do not accept liability for the timely operation of the Site.

By using this service you accept that all trade executions are final and irreversible.

We reserve the right to liquidate any positions at any time.

Transaction and API limits will be imposed to assist with the operation of the Services.

INDEMNIFICATION

You hereby indemnify us, our affiliates and service providers, and each of our or their respective officers, directors, agents, employees and representatives, in respect of any costs (including attorneys' fees that have been reasonably incurred in connection with any claims, demands or damages arising out of or related to your breach and / or our enforcement of these Terms of Service (including without limitation your breach of our Acceptable Use Policy or your violation of any law, rule or regulation, or the rights of any third party.

DATA PROTECTION

We will only use your personal information as set out in our privacy policy.

THIRD PARTY WEBSITES

Where our site contains links to other sites and resources provided by third parties, these links are provided for your information only. Such links should not be interpreted as approval by us of those linked websites or information you may obtain from them.

We have no control over the contents of those sites or resources.

HOW YOU MAY USE MATERIAL ON OUR SITE

We are the owner or the licensee of all intellectual property rights in our site, and in the material published on it. Those works are protected by copyright laws and treaties around the world. All such rights are reserved.

You may access the contents of the Site only for your own private use or internal use within your employer’s organisation, but not for any commercial or public use.

Materials on the Site may be used for your personal use and non-commercial purposes only. Please contact [email protected] if you would like to use materials for journalistic purposes.

Except where your use is permitted above or by copyright law, you may not otherwise copy, store in any medium (including any other website), distribute, transmit, re-transmit, broadcast, modify or show in public any part of this Site without our prior written permission.

USER GENERATED CONTENT

This Site may include information and materials uploaded by other users of the Site. This information and these materials have not been verified or approved by us. The views expressed by other users on our Site do not represent our views or values.

If you wish to complain about information and materials uploaded by other users please contact us on [email protected].

UPLOADING CONTENT TO OUR SITE

Whenever you make use of a feature that allows you to upload content to our Site, or to make contact with other users of our Site, you must comply with the content standards set out in our Acceptable Use Policy.

You warrant that any such contribution does comply with those standards, and you will be liable to us and indemnify us for any breach of that warranty. This means you will be responsible for any loss or damage we suffer as a result of your breach of warranty.

Any content you upload to our Site will be considered non-confidential and non-proprietary. By submitting content to any public area of the Site, including blogs, message boards, and forums, you grant us a royalty-free, perpetual, irrevocable, non-exclusive right and licence to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, communicate to the public, perform and display the content (in whole or in part) worldwide and to incorporate it in other works in any form, media, or technology for the full term of any rights that may exist in such content. You also grant a licence to other users of the Site to access, display, view, store and reproduce such content for personal use.

By submitting any content to the Site you warrant that you are entitled to and have all necessary intellectual property rights over that content.

We also have the right to disclose your identity to any third party who is claiming that any content posted or uploaded by you to our Site constitutes a violation of their intellectual property rights, or of their right to privacy.

We have the right to remove any posting you make on our site if, in our opinion, your post does not comply with the content standards set out in our Acceptable Use Policy.

You are solely responsible for securing and backing up your content. You are responsible for keeping the electronic device through which you access our Services safe and maintaining adequate security and control of any and all security details that you use to access the Site.

USE RESTRICTIONS

When accessing and using the Service, You must:

not misuse the Site by knowingly introducing viruses, trojans, worms, logic bombs or other material that is malicious or technologically harmful;
not attempt to gain unauthorised access to our site, the server on which our site is stored or any server, computer or database connected to the Site;
not attack our site via a denial-of-service (DOS) attack or a distributed denial-of service (DDOS) attack;
not attempt to undermine the security or integrity of our systems, including third party associated systems;
not use the Services or associated third party Services in any way which may impair their functionality;
not attempt to copy, adapt, reverse engineer, decompile, disassemble, modify, adapt or make error corrections to the Site
We will report any such breach to the relevant law enforcement authorities and we will cooperate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our site will cease immediately.

We do not guarantee that our Site will be secure or free from bugs or viruses.

Rules about linking to our Site

You may link to our Site, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it.

You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists.

You must not establish a link to our Site in any website that is not owned by you.

Our Site must not be framed on any other Site.

We reserve the right to withdraw linking permission without notice.

The website in which you are linking must comply in all respects with the content standards set out in our Acceptable Use Policy.

If you wish to link to or make any use of content on our site other than that set out above, please contact [email protected].

FEES

A full list of our fees can be found on the Fees page.

IF YOU BREACH THESE TERMS OF SERVICE

If you breach these Terms of Service we reserve the right, without prejudice to any other rights or remedies available to us, to restrict, suspend or terminate accounts or deny access to the Site without notice

WAIVER

No failure or delay by a party to exercise any right or remedy provided under these Terms of Service or by law shall constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict the further exercise of that or any other right or remedy. No single or partial exercise of such right or remedy shall prevent or restrict the further exercise of that or any other right or remedy.

ENTIRE AGREEMENT

These Terms of Service constitute the entire agreement between the parties and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations and understandings between them, whether written or oral, relating to its subject matter.

Each party agrees that it shall have no remedies in respect of any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in these Terms of Service. Each party agrees that it shall have no claim for innocent or negligent misrepresentation based on any statement in these Terms of Service.

SEVERABILITY

If any provision or part-provision of these Terms of Service is or becomes invalid, illegal or unenforceable, it shall be deemed deleted, but that shall not affect the validity and enforceability of the rest of these Terms of Service.

NO PARTNERSHIP OR AGENCY

Nothing in these Terms of Service is intended to, or shall be deemed to, establish any partnership or joint venture between any of the parties, constitute any party the agent of another party, or authorise any party to make or enter into any commitments for or on behalf of any other party.

THIRD PARTY RIGHTS

These Terms of Service do not give rise to any rights under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of these Terms of Service.

INTERPRETATION

Section headings are for convenience only, and shall not govern the meaning or interpretation of any provision of these Terms of Service.

FORCE MAJEURE

Neither party shall be in breach of these Terms of Service nor liable for delay in performing, or failure to perform, any of its obligations under these Terms of Service if such delay or failure result from events, circumstances or causes beyond its reasonable control.