Terms and Conditions

Last updated: August 1st, 2025
Version: 1.1
1. Introduction
1.1. nomo is a comprehensive digital trading platform managed by Nomo Trade Limited, a company that is registered as an International Business Company (IBC) in Saint Lucia, under company number 2023-00509, with the registered office located at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, LC01 401, Saint Lucia (hereinafter - “we”,“our”,“us” or “nomo”).
1.2. nomo platform operates through both a website, available at https://nomotrade.com, and a mobile application (hereinafter - “Platform“ or “nomo”). This Platform allows users to engage in trading activities, including Contracts for Difference (CFDs) on various securities, derivative instruments, copy trading, and investment in diversified portfolios, and provide users with other services that are completely described in these Terms and Conditions (hereinafter - “Services”). As part of our commitment to providing a robust and secure environment, nomo offers tools and features that enable users to make informed decisions in their trading journey.
1.3. The Platform has been designed to operate in strict compliance with all applicable legal and regulatory frameworks, ensuring that all interactions are handled in accordance with applicable local and international laws.
1.4. These Terms and Conditions govern the use of Services provided by nomo. By accessing or using our Platform, including our website, mobile application, users explicitly agree to comply with and be bound by the terms set forth in this document.
1.5. Your continued use of the Services implies acceptance of these Terms and Conditions, including any amendments or updates made from time to time. We recommend that you regularly review this document on our Platform to stay informed of any changes. It is your responsibility to ensure that you are aware of the current terms and any revisions that may occur.
1.6. nomo is committed to ensuring that our Services are compliant with the applicable regulatory frameworks and consumer protection standards in the jurisdictions of operations. While these Terms and Conditions outline our standard operations, we continuously strive to adapt to the evolving legal and compliance requirements in accordance with jurisdictions of operations.
In line with this statement, we aim to:
  • adhere to regulations in jurisdictions of operations. We ensure that our Services operate in compliance with the laws and regulations governing financial services, trading, and consumer protection in LATAM region countries.
  • provide clear and accessible information. We make sure that all relevant information, including fees, charges, and risks, is presented in local languages where necessary, so users in LATAM markets can fully understand their rights and obligations.
  • engage in responsible practices. We follow industry best practices that align with the regulatory expectations in LATAM markets, ensuring that our services are provided with integrity, transparency, and accountability.

By accepting and using our Services, you acknowledge that you have read, understood, and agreed to be bound by these Terms and Conditions, as well as any other policies that govern your use of our Platform.
1.7. We may periodically update these Terms and Conditions to reflect changes in our Services, operations, or regulatory requirements. The most recent version, available on our Platform, will govern your use of our Services and replace any previous versions. We encourage you to review these Terms and Conditions regularly to stay informed about the rights, responsibilities, and obligations that apply when using our Platform. In the event of any material changes or additions to these Terms and Conditions, we will notify you via email or through a prominent notice on our Platform. Where required by law, we will seek your consent or provide you with an opt-out opportunity for any new terms or conditions. By continuing to use our Services after any updates or changes to these Terms and Conditions, you acknowledge that you have reviewed and agree to the revised terms.
1.8. It is important that you review these Terms and Conditions in conjunction with any other policies or documents available on the nomo, to ensure that you are fully informed about the rights and obligations that apply to your use of our Services. These documents collectively explain the rules, responsibilities, and protections in place for your use of the Platform.
2. Definitions
“Applicable Law” refers to the laws, regulations, and legal requirements that govern nomo's Services in the jurisdictions where they are offered. This includes, but is not limited to, local financial regulations, consumer protection laws, and taxation policies specific to the LATAM region and any other country where nomo operates. Users acknowledge that nomo will comply with the relevant legal standards in the countries they operate in, including those governing trading activities, anti-money laundering, and counter-terrorism financing laws. Applicable Law also covers any international treaties or agreements that impact nomo's operations.
“Anti-Money Laundering” (hereinafter - “AML”) refers to laws, regulations, and procedures designed to prevent the illegal use of the financial system for money laundering activities.
“Counter-Terrorism Financing” (hereinafter - “CTF”) refers to regulations and actions intended to prevent financial support for terrorism and related activities.
“Copy Trading” - a feature within nomo that allows users to automatically replicate the trading strategies of selected experienced traders, enabling users to mirror their trades.
“Force Majeure” refers to events beyond nomo's control that prevent or delay the fulfillment of its obligations under these Terms and Conditions, such as natural disasters, technical failures, government actions, or pandemics.
“Jurisdictions of operations” refers to the countries and territories where nomo provides its Services, conducts business, and is subject to the local laws and regulations. This includes, but is not limited to, the LATAM region countries such as Argentina, Brazil, Colombia, Mexico, Chile, Peru, and other applicable jurisdictions.
“Know Your Customer” (hereinafter - “KYC”) - a process used by nomo to verify the identity of its users and ensure compliance with AML and CTF regulations.
“LATAM region”, “LATAM region countries” or “LATAM” refers to the geographical area comprising the countries in Latin America and the Caribbean. Specifically, nomo will provide Services in Argentina, Brazil, Colombia, Mexico, Chile, Peru, and other countries within the region.
“Leverage” - a financial feature that allows users to control larger positions in the market using a relatively smaller amount of initial capital. This process involves borrowing funds, usually from the platform or a broker, to increase the size of the investment.
“nomo AI Assistant” - an advanced AI-powered tool developed by nomo that helps users select traders to follow based on their unique financial profile. The AI continuously learns and adapts to the user’s trading behavior, ensuring that the recommendations stay aligned with the user’s changing preferences and goals.
“nomo AI Index” - an AI-driven portfolio created and optimized by nomo that automatically executes trades based on the strategies of the top-performing traders on the Platform.
“nomo account” - the user account created by an individual on Platform, required to access and use the Services.
“nomo Android app” refers to the mobile application developed by Nomotrade for Android devices. Users can access trading services, monitor their accounts, and execute trades directly through the app, ensuring full functionality while on the go.
“nomo Web” refers to the web-based platform provided by Nomotrade for accessing trading services. The platform allows users to trade a variety of financial instruments, manage their accounts, and utilize advanced tools directly from any web browser, without the need to install additional software.
“MetaQuotes 5” (hereinafter - “MT5”) refers to the MetaTrader 5 trading platform, a highly advanced and widely-used software for trading in financial markets. Developed by MetaQuotes Software, MT5 allows users to trade various instruments such as CFDs, forex, stocks, commodities, and cryptocurrencies.
“Order” - a user’s request to buy, sell, or trade a financial instrument on the Platform, which may include limit orders, stop-loss orders, and take-profit orders.
“Order execution” - the process through which nomo carries out a user's order to buy, sell, or trade financial instruments, in accordance with the user’s instructions.
“Services” - all services provided by nomo, including but not limited to, trading in CFDs, forex, cryptocurrencies, stocks, commodities, indices, and other financial instruments, as well as copy trading, nomo AI tools, and other related offerings.
“Suitability and Appropriateness Assessments” - a process through which nomo evaluates whether the Trading Services and features offered are suitable for a user’s financial situation, investment knowledge, and risk profile.
“Trading Services” - services offered on the Platform that allow users to engage in the buying, selling, or trading of financial instruments such as CFDs, forex, cryptocurrencies, commodities, and indices.
“User”, “you”, “your” refers to any person that accesses, registers, or uses nomo’s Services.
“Withdrawals” - the process by which a user requests to take funds from their nomo account and transfer them to a designated payment method.
3. Users eligibility
nomo provides its services exclusively to individuals who meet certain eligibility criteria. By accessing or using our Platform, you confirm that you satisfy the following conditions:
3.1. To use the Services offered by nomo, you must be at least 18 years old or the age of majority in your jurisdiction, whichever is greater. By registering for an account and using the Platform, you represent that you meet this age requirement. If you are under 18 years of age, you are not permitted to use our Platform.
3.2. You must have the legal capacity to enter into a binding contract. By using the Platform, you confirm that you are legally authorized to agree to and comply with these Terms and Conditions and any other policies or agreements that are available on the Platform.
3.3. nomo’s Services are available only to users in jurisdictions where such Services are legally permitted. You may not use the Platform if your country or region prohibits the use of trading services or financial instruments, or if you are located in a jurisdiction subject to economic sanctions or other legal restrictions imposed by Applicable Laws.
3.4. To access the full range of Services on our Platform, you must complete the account registration process, which may include providing your personal information, and accepting these Terms and Conditions (see Section 5 of these Terms and Conditions). You agree to provide accurate, current, and complete information during the registration process and the subsequent use of the Platform, and to update it as necessary to maintain its accuracy. nomo reserves the right to refuse service or terminate accounts if the eligibility criteria are not met or if we determine that a user has provided false or misleading information during the registration process.
3.5. The following individuals are prohibited from using nomo’s Services or are likely to be subject to more detailed scrutiny in accordance with our AML/KYC Policy:
  • Politically Exposed Persons (PEPs), as defined by local regulations, unless the necessary regulatory steps are taken and compliance requirements are met.
  • Residents of countries or regions where nomo is prohibited from operating, including countries that are subject to international sanctions or other regulatory restrictions.
  • Individuals who have been banned, excluded, or suspended from accessing trading services by any financial authority, regulatory body, or governmental organization.
3.6. You are responsible for ensuring that your use of nomo’s Services complies with all applicable local laws and regulations in your country of residence or operation. nomo does not provide legal advice regarding local trading regulations or the legality of trading in specific jurisdictions. By using the Platform, you confirm that you understand and agree to comply with all applicable legal requirements.
4. Our Services
4.1. nomo provides a comprehensive digital trading platform designed to offer a wide array of Services to our users. Our Platform delivers advanced trading features, allowing users to engage in various investment opportunities, enhance their trading strategies through innovative tools, and enjoy flexible options tailored to their unique financial goals.
4.2. The core Services available on the nomo include the following:
  • Trading Services. Our Platform enables users to trade a variety of financial instruments, including CFDs on securities, forex, cryptocurrencies, shares, commodities, indices, and derivatives. These Services cater to both beginners and experienced traders, providing a range of tools to manage risk and maximize potential returns.
  • Copy Trading. nomo offers a copy trading feature, allowing users to automatically mirror the trades of experienced and skilled traders. This provides users with an opportunity to leverage the strategies of top traders, while retaining control over investment parameters such as trade size and risk levels.
  • nomo AI Tools. Our proprietary nomo AI Assistant and nomo AI Index provide personalized, data-driven insights and automated trading strategies. The nomo AI Assistant matches users with traders who align with their risk preferences, investment goals, and trading style. The nomo AI Index is a smart portfolio that continuously optimizes trades based on the strategies of the top traders within the Platform.
  • Investment Portfolios. We offer users the opportunity to invest in diversified portfolios, consisting of CFDs, securities, and other assets. These portfolios are designed to provide balanced exposure to different asset classes, offering a more stable and diversified investment approach.
4.3. These Services are accessible through both our website and mobile application, allowing users to trade, invest, and manage their portfolios seamlessly, whether they are on desktop or mobile devices.
4.4. By offering these tools and features, nomo empowers users to take control of their financial journey, backed by cutting-edge technology and data-driven insights.
4.1. nomo AI Assistant and nomo AI Index
4.1.1. nomo offers innovative AI-driven tools designed to enhance your trading experience. These tools, nomo AI Assistant and nomo AI Index, provide personalized, data-driven strategies that are tailored to your specific financial goals and trading preferences.
4.1.2. The nomo AI Assistant is a powerful tool that uses advanced artificial intelligence to match you with traders whose strategies align with your unique investment profile. Here’s how it works:
  • The AI analyzes your risk preferences, investment goals, and trading style to select top traders whose strategies best suit your individual needs. The nomo AI Assistant continually learns from your input and adapts its recommendations to ensure that you are paired with the right trader to meet your objectives.
  • You have the flexibility to switch traders at any time. If you feel that your current trader isn’t providing the results you desire, you can pause or stop copying them and select a new trader whose strategy better aligns with your changing goals or risk tolerance.
  • nomo AI Assistant is not static. As your preferences and goals shift, the AI continually refines its recommendations to better serve your needs, ensuring a tailored experience that adapts to the market’s dynamic conditions.
4.1.3. The nomo AI Index is a smart, AI-driven portfolio that optimizes your trades automatically based on the analysis of top-performing traders on the Platform. The AI-powered system prioritizes the best-performing signals and executes trades with zero human error. The nomo AI Index continuously evaluates trades from a wide pool of traders, assigning internal scores and selecting the best-performing positions.
4.2. Trading Services
4.2.1. nomo offers a comprehensive suite of Trading Services designed to cater to a wide range of investment preferences and risk profiles. Our Platform enables users to trade a variety of financial instruments, providing opportunities for both beginner and experienced traders to manage and grow their portfolios effectively.
4.2.2. nomo allows you to invest in a broad selection of financial instruments, providing you with the flexibility to diversify your portfolio and explore various market opportunities. Available instruments include:
  • Trade Contracts for Difference (hereinafter - “CFDs”) on a wide range of securities, such as stocks and shares. CFDs allow you to speculate on price movements without owning the underlying assets, giving you the opportunity to profit from both rising and falling markets.
  • Trade foreign currencies on the global forex market. This offers a liquid and dynamic environment for those looking to trade currency pairs and capitalize on fluctuating exchange rates.
  • Access a selection of cryptocurrencies. Trade digital assets in a market known for high volatility and significant profit potential.
  • Buy and sell shares of publicly listed companies. This traditional form of trading offers exposure to the stock market and the potential for long-term growth.
  • Invest in commodities like gold, oil, and agricultural products. These instruments offer exposure to global markets and can serve as a hedge against inflation or economic uncertainty.
  • Trade on stock market indices that track the performance of various sectors or countries, offering a more diversified approach to market exposure.
  • In addition to CFDs, nomo allows you to trade other derivatives such as futures and options, providing additional opportunities to hedge risk or gain exposure to a wide variety of underlying assets.
With these diverse investment instruments, users can tailor their trading strategies to meet specific investment goals, diversify their portfolios, and take advantage of different market conditions.
4.2.3. Our Platform is designed to provide users with user-friendly trading tools, enabling you to trade a wide array of instruments easily. You can manage your trades, monitor market trends, and adjust your strategy in real-time. Our Platform supports various order types and features such as stop-loss and take-profit to help you manage risk and maximize potential returns.
4.2.4. It is important to note that trading in these financial instruments carries inherent risks. The value of your investments can fluctuate, and there is potential for loss as well as gain. You should only invest funds that you can afford to lose and ensure that you fully understand the risks involved. nomo encourages all users to engage in thorough research or seek independent advice before trading (for more detailed information see our Risk Disclosure Policy).
4.2.5. For users who prefer a more hands-off approach or are new to trading, copy trading is an excellent option. This feature allows you to follow and mirror the trades of experienced traders, giving you the opportunity to benefit from their strategies and market insights.
You can adjust various parameters, such as your investment amount and risk levels, to match your risk tolerance and trading goals. This flexibility ensures that you have full control over how closely your portfolio mirrors the selected trader.
Before copying a trader, you can review detailed performance metrics for each trader, including their historical performance, risk levels, and trading strategies. This data allows you to make an informed decision about which traders align with your investment objectives.
Once you have selected a trader to copy, you can monitor their performance in real-time and adjust your preferences if needed. If you wish to change traders, you can do so, ensuring full control over your investment strategy.
4.3. Demo mode
4.3.1. At nomo, we provide users with the option to activate demo mode, which includes $10,000 in test funds. This feature allows you to practice trading and familiarize yourself with the nomo in a real-time environment, without any risk to your actual capital.
4.3.2. Upon registration, users can choose to activate demo mode within their nomo account, which is loaded with $10,000 in test funds. This allows you to explore and practice trading across various financial instruments such as CFDs, forex, cryptocurrencies, and more. You can test strategies, manage risk, and get a feel for real market conditions.
4.3.3. You have the flexibility to switch between demo mode and live trading mode at any time. In demo mode, you can experiment with trading strategies, manage risk, and observe how different market conditions impact your portfolio, all without the pressure of risking real funds. Once you feel comfortable and confident with your trading abilities, you can seamlessly transition to live trading mode to start trading with real funds. This transition is completely under your control, allowing you to practice and refine your trading skills before entering the live markets.
4.4. Educational resources
4.4.1. nomo offers an Education Hub designed to support traders at all levels of experience. Whether you’re new to trading or looking to refine your strategies, we provide a wide range of materials to help you succeed:
In addition to trading education, we offer comprehensive tutorials that guide you through the Platform usage. These step-by-step guides are designed to help you understand how to use the platform’s functionalities, including account creation.
By providing these resources, we aim to empower our users with the knowledge and skills necessary to make informed decisions, enhance their trading strategies, and fully utilize the capabilities of the Platform.
5. User account
5.1. Applying for a nomo account
5.1.1. To begin using the services offered by nomo, users must first apply for nomo account. The application process is designed to ensure that all users meet the necessary legal, regulatory, and security requirements. Below are the key steps in the process.
5.1.2. To apply for nomo account, users must complete an online application form on the Platform. The form requires you to provide the following basic personal information essential for identity verification: full name, country of residence, phone number, date of birth, and email address. These details are essential for the initial registration.
5.1.3. Once registered, users start at the Basic Level, and they have the option to progress to higher levels. Each level comes with specific verification requirements and deposit/withdrawal limits:
  • Basic Level
    • at this level, you will have access to basic features such as depositing funds and trading, but withdrawals are not allowed.
    • no KYC verification is required for this level to begin trading, but certain limitations apply (e.g., no withdrawals).
  • Level 1
    • to enable withdrawals, users must complete the KYC verification process. The verification includes: basic questionnaire to assess your risk profile, proof of identity (valid ID card, passport, or driver’s license, or the option to provide another document depending on your country of residence), and liveness check to verify that the person registering is indeed the account holder.
    • total deposit/withdrawal limits are applied based on this level. Once you complete the verification, you will be able to withdraw funds.
  • Level 2
    • to remove withdrawal limits, users must provide additional documentation, namely proof of address (utility bill, bank statement, or other official documentation verifying your address).
    • at this level, there are no withdrawal limits. Users at this level can also access enhanced trading features without restrictions.
The account level determines not only your deposit and withdrawal limits but also the extent to which we conduct KYC checks.
5.1.4. nomo adheres strictly to Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and sanctions checks as part of the account application process. These compliance measures are designed to prevent illegal activities such as money laundering and terrorist financing, ensure that all users meet the legal requirements for financial transactions (particularly in jurisdictions where nomo operates), and conduct sanctions checks to confirm that users are not listed on any government or international sanctions lists. By providing the required documents, you are consenting to these compliance checks, which may involve sharing your information with regulatory authorities and third parties (see our Privacy Policy).
5.1.5. nomo may conduct a Suitability and Appropriateness Assessment to determine whether our Services are suitable for your financial profile and trading experience. This assessment is part of our commitment to ensuring that users are offered Services that align with their level of experience, financial capacity, and risk tolerance (see Section 7 of these Terms and Conditions).
5.1.6. nomo has a strict one account per user policy. This means that each user is permitted to have only one active nomo account. The creation of multiple accounts is strictly prohibited.
If nomo discovers that a user has created multiple accounts, we reserve the right to take necessary actions, which may include:
  • suspending or deleting additional accounts;
  • combining multiple accounts into a single account to ensure compliance with these Terms and Conditions.
Such actions will be determined at the discretion of nomo’s compliance team, who will evaluate the situation.
5.2. Maintaining your nomo account
5.2.1. nomo may periodically request additional information or documentation from users to ensure compliance with applicable laws and other regulatory requirements. This could involve updating your identity verification documents, providing additional details about your financial transactions, or confirming changes in your personal information. Users are required to respond promptly to these requests and provide the necessary information. Failure to do so may result in a delay or suspension of account activities.
5.2.2. It is the responsibility of the user to promptly notify nomo of any changes to the information provided during previous identity verification. Users must inform nomo in writing within 30 days of any changes, including but not limited to personal information, residency and other compliance-related details, changes in status (e.g., changes in employment, financial status, or any other details that might affect your nomo account). Failure to update this information in a timely manner could result in delays in processing transactions or issues related to account functionality.
5.2.3. nomo relies on accurate and complete information provided by users during the verification process and throughout the use of our Platform. Users must ensure that all details provided are correct, truthful, and up to date. Providing inaccurate, incomplete, or misleading information may lead to suspension or closure of your nomo account, freezing of funds or transactions if discrepancies are found, inability to withdraw funds or perform other activities on the Platform.
5.2.4. nomo is committed to complying with AML/CTF regulations, as set out by Saint Lucia’s laws and relevant international standards. Users must comply with these regulations by providing accurate information and submitting the necessary documents for identity verification, especially when requested by the Platform.
5.3. nomo account security
5.3.1. The security of your nomo account is crucial to ensure that your personal data and trading activities are protected. nomo has implemented various security measures to safeguard your account and minimize the risk of unauthorized access.
5.3.2. When creating your nomo account, it is essential that you choose secure login credentials, including a strong password. Your password should be unique and not easily guessable to prevent unauthorized access. It is your responsibility to maintain the confidentiality of your login credentials. Sharing your login details with anyone, whether intentionally or unintentionally, may expose your account to security risks. nomo will not be liable for any losses or damage resulting from the misuse of your login credentials.
5.3.3. nomo employs additional security features to enhance the protection of your account. These measures include two-factor authentication, monitoring for security threats, and immediate action on compromised accounts.
5.3.4. You are prohibited from allowing any third party to access your nomo account. If unauthorized access is detected, we will take swift action to secure the account, including suspending or locking it until we verify the circumstances. nomo will not be held liable for any actions or losses resulting from unauthorized access or usage of your account, whether or not the access was permitted by you. It is your responsibility to monitor your account activity regularly and report any suspicious behavior immediately.
5.4. Closing your nomo account
5.4.1. At any time, you have the option to close your nomo account. However, the account closure process involves several important steps to ensure that all activities are properly concluded and your account is securely closed.
5.4.2. To initiate the closure of your nomo account, you can send a request via email to support@nomotrade.com or use the account settings feature within the Platform. Please follow the instructions provided in the settings or email communication to submit your closure request. Once your request is submitted, we will begin processing the closure of your account.
5.4.3. Your account will be closed within 7 days from the receipt of your request. During this period, all pending actions (such as withdrawals or account reviews) will be processed. If there are any issues or delays, you will be notified of the expected timeline for resolution.
5.4.4. Before submitting a request to close your nomo account, it is important to close any active trades or positions you may have open. Any ongoing trades should be fully settled, as they cannot be automatically processed once the account closure is initiated.
It is your responsibility to ensure that all trades are completed, as we will not be liable for any losses resulting from open positions at the time of account closure.
Users are solely responsible for pending orders or open positions when initiating the closure of their account. If you fail to close open trades or positions before account closure, you accept full responsibility for any resulting losses or unprocessed transactions. nomo will not be liable for any outcomes related to unsettled trades or financial activities remaining open after account closure.
5.5. Blocking your nomo account
5.5.1. nomo may block or suspend your account in the following situations:
  • if a service you are using is no longer available or is temporarily suspended for maintenance, security, or operational reasons;
  • if the information provided during account registration or verification is found to be inaccurate, misleading, or incomplete, we may suspend or freeze your account until the necessary corrections are made;
  • if you breach any of our trading policies or engage in activities that violate the Terms and Conditions, such as fraudulent trading practices, market manipulation, or unauthorized use of the Platform;
  • if there is a potential threat to the security of your account or the Platform, such as unauthorized access or suspicious activities.
The above list of reasons is an example and not a complete and exhaustive list. The nomo team may block or delete your account in the course of other situations that are arguably indicative of improper behavior or actions by a user that are inconsistent with nomo policies. Such a decision is at the discretion of the nomo team.
5.5.2. In some cases, immediate action may be required to protect your account or comply with legal obligations, and nomo may block or freeze accounts without prior notice. Such situations include:
  • if we detect potential fraud, hacking attempts, or suspicious activities that threaten the integrity of the Platform or your account, we may take immediate action to prevent further damage;
  • in cases where we must comply with legal or regulatory requirements, such as freezing accounts involved in suspected money laundering or terrorist financing activities.
While we aim to inform you of any actions taken on your account, some situations may require us to act swiftly in accordance with legal and regulatory obligations.
5.5.3. Even if your nomo account is frozen, suspended, or closed, your trading records will remain accessible within the Platform for at least five years from the account closure date. This retention period is in place to comply with legal and regulatory requirements. In some cases, the retention period may be extended if required by Applicable Law.
5.6. AML specifics
5.6.1. nomo adheres to the AML and CTF regulations established in jurisdictions of operations. We implement the following measures to meet local regulatory requirements:
  • we monitor transactions for suspicious activity and ensure compliance with local AML laws;
  • as required by regulations in jurisdictions of operations, we report suspicious transactions to the relevant authorities, such as the Brazilian Financial Intelligence Unit (COAF) or the Mexican Financial Intelligence Unit (UIF);
  • nomo may require additional verification documents from users in LATAM region countries to comply with local AML regulations, including proof of identity, of address and other relevant information;
  • nomo reserves the right to request additional verification documents from users based on their country of residence;
  • failure to comply with AML and KYC requirements will result in the suspension or freezing of your account.
Additionally, accounts suspected of engaging in money laundering, terrorist financing, or other illegal activities will be immediately frozen, and the matter may be reported to the relevant authorities for further investigation.
6. nomo account funding and withdrawal process
6.1. Payment methods
6.1.1. nomo supports various payment methods for users to deposit funds into their nomo account. To ensure the security and compliance of all transactions, users are required to link their accounts exclusively with approved payment methods, which may include but are not limited to bank accounts, debit and credit cards, electronic wallets, or cryptocurrencies.
6.1.2. The availability and acceptance of these payment methods may depend on the user’s geographical location and the Platform’s discretion. Certain payment methods may be available in specific regions, while others may be limited or subject to change based on local regulatory requirements.
6.1.3. It is imperative that the payment method linked to the nomo account is registered in the name of the user. Users may be asked to provide verification documents to substantiate the ownership of the payment method linked to their account. Failure to comply with this verification process or the provision of inaccurate information may result in limitations being imposed on deposit capabilities or restrictions on the usage of the nomo account. Additionally, nomo reserves the right to reject or return funds received from a payment method not registered in the user’s name. In such cases, nomo may deduct any associated return fees.
6.2. Funding your nomo account
6.2.1. You have the option to deposit funds into your nomo account using one of the designated approved payment methods facilitated by our Platform. Please note that cash and checks are not accepted as valid deposit methods.
6.2.2. The process of depositing funds includes the following steps:
  • Upon initiation of your deposit, your funds will undergo a comprehensive verification and compliance check in accordance with applicable legal and regulatory requirements.
  • Once the necessary checks are completed, your deposit will be credited to your nomo account, and the amount will be reflected in your balance.
6.2.3. Please be aware that specific limitations may apply to deposit amounts, and these limitations will be communicated to you in advance, if applicable. nomo reserves the right to enforce predetermined deposit limits based on regulatory requirements or other factors that are relevant to compliance with local laws.
6.2.4. Any charges or fees levied by your chosen payment method may lead to the imposition of a transfer fee, which will be clearly delineated and available for reference on our Platform or within our provided documentation.
6.3. Withdrawals from your nomo account
6.3.1. Withdrawing funds from your nomo account can be initiated to the same payment method previously used for deposits, as long as it complies with regulatory standards and Applicable Law. If necessary, nomo may approve withdrawals to an alternative payment method, provided that it is also registered in the user’s name.
6.3.2. To ensure the security of transactions and compliance with regulatory standards, withdrawals from your nomo account are only available to users who have completed the KYC verification process. This applies to users at Level 1 and Level 2.
  • In order to enable withdrawals, users must complete KYC verification at Level 1, which includes submitting a basic questionnaire, proof of identity (such as a national ID, passport, or driver’s license), and completing the liveness check.
  • Users who wish to remove withdrawal limits and gain unlimited withdrawals must provide proof of address (such as a utility bill, bank statement, or official document) as part of their Level 2 verification.
Withdrawal requests from Basic level accounts, where users have not completed the KYC verification process, will not be processed.
6.3.3. Withdrawal process
  • The minimum withdrawal amounts will be clearly specified on our Platform for your reference. These limits are set in accordance with legal and regulatory standards.
  • As part of our commitment to transparency, please be aware that certain withdrawals may incur fees, which will be clearly outlined on our Platform. These fees are dependent on the chosen withdrawal method and are in line with industry standards.
  • We aim to process withdrawal requests promptly, generally within one business day. However, compliance verifications and delays associated with payment processors may impact the processing time.
6.3.4. Withdrawals are processed according to the Eastern European Time (hereinafter - “EET”) zone. If you submit a withdrawal request after 11:00 am EET or on non-business days, it will be processed on the subsequent business day. This timeframe does not account for public holidays or bank holidays in Saint Lucia or other relevant banking locations that may affect the withdrawal process.
6.3.5. In addition, nomo holds the prerogative to process withdrawals via affiliated entities linked to the Platform's Services. However, users should be mindful that we retain the discretion to reverse or inhibit withdrawals if breaches of the Platform's Terms and Conditions or regulatory infringements are identified. These measures are implemented to safeguard our policies, ensure regulatory compliance, and maintain the integrity and security of the Platform.
7. Suitability and Appropriateness Assessments
7.1. At nomo, we prioritize the financial well-being of our users by conducting thorough Suitability and Appropriateness Assessments before you engage in our Services, particularly with copy trading and leveraged trading tools. These assessments ensure that the Services we provide are tailored to your financial profile, goals, and experience.
7.2. The suitability assessment takes into account several key factors, including:
  • your understanding of the financial markets and the instruments being traded;
  • your previous experience in trading or investing, including any knowledge of financial markets, instruments, or strategies;
  • your specific goals and objectives in terms of returns, risk tolerance, and time horizons;
  • a review of your financial situation to assess whether the Services we provide are appropriate given your resources and risk capacity.
These factors help us determine whether our copy trading tools and other Services are suitable for your needs and whether you can handle the risks involved in Trading Services.
7.3. When trading on a leveraged basis or using copy trading services, it is crucial that you provide accurate and complete information. This information will be used to assess whether our Services are appropriate for your financial situation and trading experience. Failure to provide the necessary information may impact your ability to execute trades effectively or access certain features within the Platform. For example, without accurate details about your financial situation or investment goals, you may be restricted from accessing certain high-risk trading options or features that require additional regulatory scrutiny.
7.4. Your financial circumstances and trading experience may change over time. To ensure that the Services we provide continue to meet your needs, it is essential to keep us updated on any changes, including changes in your investment knowledge, alterations in your financial situation, modifications to your investment objectives, and shifts in your experience within the financial markets. By keeping us informed, you enable us to reassess the suitability of our Services for your evolving needs. This ongoing evaluation ensures that our Platform remains aligned with your goals and financial capabilities, allowing us to adjust and tailor our Services as needed.
7.5. nomo is committed to conducting Suitability and Appropriateness Assessments in full compliance with regulations in jurisdictions of operations. It means that we take into account local regulatory requirements and market risks, such as currency fluctuations and changes in regulatory frameworks. We provide risk disclosures to help users understand the potential risks involved in trading on nomo. These disclosures are designed to empower you to make informed decisions and engage with our Services responsibly.
7.6. The Suitability and Appropriateness Assessments are conducted during the initial user verification process, but this is not a one-time event. This evaluation process is ongoing, ensuring that our Services offered by Nomotrade remain suitable for each user’s evolving financial profile, investment experience, and risk tolerance. These assessments are essential to ensure that users are continuously provided with Services that align with their current investment goals and financial situation. By regularly reviewing these factors, Nomotrade can monitor changing risk profiles, and adjust services as needed to support users in achieving their financial objectives.
8. Order management
8.1. Orders placement
8.1.1. When using nomo’s Trading Services, users engage in the process of placing orders for buying, selling, or trading financial instruments. These orders may include limit orders, stop loss orders, take profit orders, and other types of trading instructions. nomo commits to executing these orders as per the specific instructions provided by the user, ensuring that all requests are processed accurately.
8.1.2. Orders can be placed through our Platform, which provides the user the flexibility to manually initiate trades or utilize automated services to place orders. Please note the following important details regarding order execution:
  • The execution price of orders may vary from the initially requested price due to market volatility or fluctuations, commonly referred to as slippage. Slippage can occur during periods of high market activity or when market conditions change rapidly. It is important to acknowledge that slippage can affect the price at which your order is executed.
  • Orders placed during market suspensions will be executed once trading resumes. However, nomo does not guarantee that the execution price will match the market price at the time the order was placed. Users should be aware of the potential for price differences upon execution during such periods.
8.1.3. Users are required to place orders exclusively through the Platform, which includes nomo Web, MT5 and nomo Android app. These platforms provide secure, regulated, and auditable channels for trading, ensuring that all orders are executed with integrity and transparency. Phone orders or orders placed through any other method outside these platforms are not accepted.
8.1.4. It is essential for users to exercise caution when placing orders, as unintended or duplicate orders may be executed assuming deliberate action. Once an order is placed, it will be processed according to the instructions provided. Users are responsible for reviewing and confirming the details before submitting their orders.
8.1.5. nomo operates within designated trading hours for different financial instruments. Users are responsible for ensuring that their orders are placed during these hours, as orders placed outside of specified market hours may face delays or restrictions in execution. nomo is not liable for delays or restrictions on orders placed outside of the designated trading hours. Any such issues resulting from orders placed at these times are the responsibility of the user.
8.2. Orders cancellation
8.2.1. nomo provides users with the ability to modify or cancel unexecuted orders. However, please be aware that these requests are subject to certain conditions, and nomo does not guarantee the fulfillment of these requests.
8.2.3. Users may request the modification or cancellation of their orders, provided that the order has not yet been executed. However, there are circumstances under which nomo may not accept or fulfill these requests, including:
  • if there are concerns regarding the security of the account or the transaction, we reserve the right to reject cancellation or modification requests;
  • if there are insufficient funds in the account to fulfill the requested modifications or cancellations, we may not be able to process the request
  • if the order contains errors or inconsistencies, such as incorrect pricing or instructions, we may decline the request;
  • changes in market conditions, regulations, or legal requirements may affect our ability to cancel or modify orders;
  • in cases of breaches of trading rules or default events, nomo may not accept cancellation or modification requests.
8.2.4. If an order is declined, executed, or canceled, users will be notified through the nomo. This ensures that users are kept informed of the status of their requests and any actions taken on their orders.
8.2.5. In cases where nomo cancels or rejects an order, any applicable fees incurred will be refunded to the user’s nomo account. Users will be notified if such refunds are issued.
8.2.6. For executed transactions, nomo may take corrective actions in certain cases, as outlined in our policies. These actions may include reversing transactions, adjusting prices, or providing compensation if applicable.
8.2.7. Users agree to indemnify and hold nomo harmless from any losses or damages arising from order modifications, cancellations, or non-acceptance. nomo is not liable for any issues that result from a user’s failure to properly place, modify, or cancel orders in accordance with the Platform’s rules.
8.3. Execution strategy
8.3.1. At nomo, we aim for the best possible financial outcome when executing orders, which means considering the collective impact across all your trades. Individual trades might seem less favorable when viewed separately. To ensure the best interest of all our users, we may aggregate or split your order with our own or other users' orders.
8.3.2. This aggregation or splitting of orders is not solely determined by price. We factor in various elements, such as trade speed and potential trade success, when making these decisions. Consequently, this may sometimes result in more favorable terms or prices for you, while on other occasions, it could lead to less favorable terms or prices compared to individual order execution.
9. Recording information
9.1. Your trading activities within Platform, encompassing both concluded trades and current positions, alongside margin and cash balances (hereinafter collectively - “Account Information”) accessible through your online nomo account. Any updates or alterations to this Account Information will be reflected within 24 hours subsequent to the occurrence of any related activity. This information is conveniently filterable based on various criteria for your ease of reference and analysis.
9.2. In the event of any discrepancies detected in your Account Information, we kindly request that you notify us within a period of 48 hours from the posting of the said information. Failure to report discrepancies within this specified timeframe will result in the Account Information being deemed conclusive evidence of your transactions, trades, positions, and respective balances. It's imperative to note that we maintain and retain your records, inclusive of Account Information, for a minimum duration of five years subsequent to the closure of your account. This retention period may be extended as mandated by Applicable Law or upon mutual agreement documented in writing between nomo and the account holder.
9.3. By utilizing our Services, you acknowledge and consent to the recording of any telephone, email, chat conversations, or other forms of communications, activities, and transactions between you and us. These recordings may be utilized as evidence in proceedings associated with these Terms and Conditions, any orders placed, or trades executed. It is understood that these records shall remain the exclusive property of our organization.
10. Fees and costs
10.1. nomo implements a spread as a fee mechanism for the execution of orders, and this spread varies depending on the product and service type, details of which are readily available on our Platform. Given the dynamic nature of market conditions, spreads may undergo changes between the order placement and execution phases. Specifically, wider spreads may be observed during off-market hours due to decreased liquidity and potential heightened volatility in the market environment.
10.2. Furthermore, various fees are applicable across different facets of our Services. These fees encompass charges related to deposits, withdrawals, and currency conversions, incorporating transfer fees, fees for returning funds from unverified sources, withdrawal charges, etc. In addition, an inactivity fee might be levied on a monthly basis should there be a lack of trading activity within your nomo account for a consecutive period of 2 months.
10.3. Our diverse range of Services may incur distinct fees. It is incumbent upon you to remain abreast of these fees by regularly consulting our Platform and associated schedules, ensuring awareness of the latest fee structure. Any fees owing to nomo will be deducted from the available balance within your nomo account.
10.4. We aim to ensure transparency in fees and charges. While fees may not be displayed in local currencies, users should be aware that deposits and withdrawals may be subject to currency conversion and additional banking fees beyond our control. Users are encouraged to review the full fee schedule and consider potential third-party charges when making transactions.
10.5. nomo may apply currency conversion rates for deposits, withdrawals, and transactions. Users from LATAM region countries should be aware that conversion fees and exchange rate fluctuations may apply. While we do not display fees in local currencies, applicable conversion rates will be transparently indicated during the transaction process. Users should also consider potential additional charges from banks or payment providers that are beyond our control.
11. Rules of Trading
11.1. When using nomo's Services, it is crucial to adhere to the rules and guidelines established to maintain the integrity and fairness of our Platform. These rules are in place to ensure that all users can trade in a secure, lawful, and transparent environment, promoting trust and compliance with legal standards.
11.2. Users are strictly prohibited from engaging in any actions that involve the reverse engineering or circumvention of security measures within the nomo. This includes, but is not limited to:
  • attempting to deconstruct or alter the Platform’s software or systems for unauthorized purposes;
  • using tools, artificial intelligence, or any methods designed to manipulate the system or gain an unfair advantage in trading.
Such activities are considered violations of Platform integrity and will result in immediate action, including suspension or termination of the user’s account.
11.3. nomo is committed to providing a fair and transparent trading environment. Users must avoid engaging in trading practices that are designed to manipulate the market or take advantage of the Platform unfairly. Prohibited practices include:
  • placing buy and sell orders for the same or similar products at identical or closely timed intervals, commonly referred to as wash trading, is strictly prohibited;
  • any trades made with the intention to manipulate the Platform, such as influencing the prices of assets through artificial means, are not permitted. This includes spoofing, where a trader places an order they do not intend to execute, to mislead other traders or the system.
11.4. At nomo, we expect users to act ethically and within the legal boundaries when engaging in any trading activities. Abusive behavior or manipulative tactics are not tolerated. Users should refrain from:
  • attempting to exploit small price discrepancies through rapid, high-frequency trades that violate fair use;
  • taking advantage of pricing errors, off-market prices, or glitches in the system to make illicit profits;
  • engaging in abusive, offensive, or disruptive behavior on the nomo, whether through communication channels or trading actions, is strictly prohibited.
11.5. All users must ensure that their orders comply with the applicable rules, regulations, and laws governing securities, commodities, and other financial instruments. Failure to comply with legal requirements, including placing fraudulent orders or attempting to manipulate market conditions, is considered a breach of our Terms and Conditions.
11.6. Non-compliance with these Rules of Trading can result in strict actions taken by nomo, including but not limited to:
  • Forfeiture of profits. Any profits gained from violating these Rules of Trading may be withheld or deducted from your nomo account, even if previously disbursed. This is to ensure that no user benefits from unfair trading practices.
  • Account suspension or termination. Instances of violations will be recorded, and nomo reserves the right, in accordance with Applicable Law, to take actions including cancelling orders that violate Platform policies, freezing or blocking your account if suspicious activities are detected, termination of Services and account closure without prior notice in severe cases of rule breaches. These actions are taken at nomo’s discretion and may occur with immediate effect in cases of suspected violations that pose a threat to Platform integrity, security, or legal compliance.
11.7. By utilizing nomo's Services, you acknowledge and agree to comply with the Rules of Trading as a fundamental condition of your engagement with the Platform. nomo is committed to providing a fair and secure trading environment, and we rely on all users to act responsibly and ethically in all their trading activities.
12. Limitations to our Services
12.1. At nomo, we operate under specific guiding principles designed to ensure a secure, transparent, and fair Platform for all users.
12.2. nomo provides users with access to advanced trading tools, resources, and information to help them make informed decisions. However, it is important to note that:
  • nomo does not offer personalized investment advice tailored to your individual financial circumstances, goals, or risk profile.
  • nomo does not provide tax advice. Any information on the Platform is intended to guide users in managing their trades and investments, but we do not offer specific tax-related guidance or recommendations.
Users are encouraged to consult with licensed financial advisors or tax professionals for personalized investment recommendations or tax advice based on their individual needs and financial situations.
12.3. nomo operates solely as a digital trading platform. Our Platform facilitates trading activities, but it is not an exchange or market.
All trades, purchases, and sales must be initiated, executed, and concluded exclusively within the nomo. We provide a controlled and secure environment for users to engage in trading activities, ensuring the integrity and security of all transactions within the Platform.
The prices displayed on nomo may differ from those offered by other brokers or from the prevailing market prices. These discrepancies are inherent in the Platform’s internal pricing structure and may be due to factors such as liquidity, execution speed, or platform-specific fees. Users should be aware of these differences and factor them into their decision-making when executing trades.
12.4. nomo permits users to execute trades outside of traditional, regulated markets. While this offers greater flexibility and access to unique trading opportunities, it also involves additional risks:
  • certain assets may have limited liquidity, making it harder to execute trades quickly or at desired prices;
  • assets traded outside of regulated markets may experience higher levels of price fluctuations, which could affect the execution price;
  • off-market trades may not be subject to the same regulatory oversight or consumer protection laws as trades conducted on traditional exchanges.
While nomo provides access to these trading opportunities, users are solely responsible for the risks associated with these transactions. We strongly advise users to conduct their own due diligence and thoroughly understand the risks before engaging in trades outside of regulated markets.
13. Limitations of liability
13.1. nomo is committed to offering a secure and effective Platform, but it is important for users to understand the inherent limitations in our liability;
  • users acknowledge that nomo does not guarantee profits, nor does it provide assurances regarding the success or outcome of any trade;
  • the past performance of assets or traders does not guarantee future results, and users should only engage in trading activities with capital they can afford to lose;
  • due to market volatility, prices can fluctuate rapidly, and trades may be executed at prices different from the expected or initially placed prices;
  • nomo may allow users to place trades outside traditional, regulated markets. These trades carry additional risks, such as liquidity constraints, price volatility, and regulatory uncertainties;
  • nomo employs advanced security protocols, but we are not liable for any losses resulting from unauthorized access to your nomo account, such as due to negligence in maintaining login credentials or failure to enable two-factor authentication;
  • if third parties access your account due to negligence or misuse of credentials, nomo will not be responsible for any resulting losses or fraudulent activity;
  • while we aim to provide a fully operational Platform at all times, nomo is not liable for any losses resulting from Platform downtime, service interruptions, or delays caused by unforeseen events such as technical failures, network issues, or third-party service disruptions;
  • nomo will not be liable for any failure to perform its obligations under these Terms and Conditions due to events beyond our control (force majeure events);
  • users acknowledge that nomo cannot guarantee immediate execution of orders due to factors such as market conditions, network latency, or slippage. We are not liable for any losses that arise from such delays;
  • nomo may include third-party services such as payment processors, liquidity providers, and analytics tools. We do not control these third-party services and are not liable for any failures or issues arising from the use of these external services;
  • if you use third-party platforms or services in connection with nomo’s Services, you do so at your own risk. nomo is not responsible for any issues, including data breaches, losses, or service interruptions, that may arise from using third-party platforms;
  • users agree to indemnify and hold nomo harmless from any claims, damages, or losses arising from violation of these Terms and Conditions or any applicable laws while using the Platform, misuse of the Services, user negligence;
  • nomo is not responsible for any loss of funds resulting from market risks or trading decisions made by users. We do not assume responsibility for any profits or losses arising from individual trades or long-term trading strategies;
  • nomo is not liable for any losses incurred as a result of advice or recommendations provided by third parties, including traders copied on the platform, external analysts, or financial advisors;
  • while nomo makes reasonable efforts to maintain continuous service availability, we make no warranties regarding the availability, accuracy, or reliability of the Services or the Platform at all times.
13.2. The limitations of liability outlined above are not exhaustive. There may be additional limitations or exclusions of liability that apply in specific circumstances, as permitted by applicable laws and regulations. All limitations are enforced in strict accordance with legal and regulatory standards, ensuring compliance with the relevant jurisdictions in which nomo operates.
14. Key risks of using our Services
14.1. One of the primary risks in trading is the unpredictability of the market. Financial markets are subject to constant fluctuations, influenced by a wide range of factors such as economic conditions (e.g., inflation, interest rates), geopolitical events (e.g., political instability, international conflicts), and global trends (e.g., technological advances, commodity price shifts). These factors can cause significant changes in asset prices, which can result in favorable returns or, conversely, substantial losses. It’s important to note that market fluctuations are a natural part of trading and contribute to the potential for both gains and losses.
14.2. The size of the trade plays a significant role in the potential risk or reward. Larger trades increase the potential for both greater gains and losses. As such, users should carefully assess their risk tolerance and investment goals before entering any trades, particularly if they intend to engage in high-volume or high-risk strategies.
14.3. Trading on a leveraged basis increases the risk exposure to market fluctuations. Leverage allows users to control larger positions with a relatively smaller initial capital outlay. While leverage can magnify potential profits, it also amplifies potential losses. It’s essential for users to be fully aware of the potential risks associated with leveraged trading and ensure they are comfortable with the added risk before utilizing leverage.
14.4. It is important to remember that past performance is not a reliable indicator of future results. Therefore, users should approach their trading strategies with a sense of caution, recognizing that any asset or trading strategy may perform differently in the future due to evolving market conditions.
14.5. While copy trading offers the convenience of automatically replicating the trades of established traders, users must remain vigilant and regularly monitor their copied trades. Due diligence is essential when selecting traders to replicate. Users should regularly review the performance of the strategies being copied, and exercise caution in adjusting their positions to adapt to market changes.
14.6. nomo provides tools to help users evaluate performance and risk, but the ultimate responsibility lies with the user. It is critical to stay informed and make regular assessments to ensure the ongoing suitability of your trading strategies.
14.7. Trading on a digital platform, such as nomo, introduces users to a unique set of risks inherent in the online environment. Device failures represent one significant risk factor. Technical malfunctions or device breakdowns could disrupt the trading process, leading to missed opportunities or incomplete transactions. Furthermore, connectivity issues, such as unstable internet connections or server problems, may hinder access to the platform, impeding the execution of trades and resulting in potential financial losses.
14.8. The digital landscape is susceptible to hacking attempts and cyber threats. Unauthorized access to personal accounts, sensitive information, or trading data could compromise users assets and financial security. Non-compliance with established security guidelines, such as weak passwords or inadequate protection measures, increases vulnerability to such threats.
14.9. Users from LATAM region countries should be aware that regional factors, such as currency controls or changes in local regulations, may impact the availability and execution of trading services. nomo will endeavor to notify users of any such changes promptly.
14.10. For a more detailed understanding of the risks involved in using nomo’s Services, including leveraged trading and copy trading, please refer to our Risk Disclosure Policy.
15. Conflicts of interests
15.1. As a responsible service provider, nomo actively seeks to avoid conflicts of interest and takes reasonable steps to ensure fair treatment for clients in such situations. However, certain instances might pose conflicting interests between nomo and its clients or among clients themselves:
  • Hedging transactions. We may execute hedging transactions before or after dealing with your transaction to manage risk, potentially impacting the transaction's price. Any profits generated from these hedging activities will be retained by nomo.
  • Arrangements and payments. We might engage in arrangements with third parties or other clients involving payments based on trading activities or volumes, within the boundaries of applicable laws. These payments could include rebates, commissions, widened spreads, or profit sharing.
  • Fees, commissions, and non-monetary benefits. Permissible under applicable laws, we may provide, receive, or pay fees, commissions, or non-monetary benefits as regulated.
  • Dealing charges and remuneration. nomo might share dealing charges with its affiliate companies or receive remuneration from them concerning transactions executed on your behalf.
  • Counterpart to trades. nomo or its affiliate companies may act as counterparties to the trades you initiate.
  • Setting instrument prices. nomo is responsible for setting instrument and product prices on the Platform. Consequently, these prices may differ from those provided by other brokers or the market price on exchanges or trading platforms.
16. Prohibited jurisdictions
16.1. The information on this Platform and our Services is not intended for residents of Afghanistan, Albania, Algeria, Angola, Australia, Bahrain, Bangladesh, Barbados, Belarus, Benin, Bhutan, Bosnia and Herzegovina, Botswana, Brazil, Burkina Faso, Burundi, Cambodia, Cameroon, Cabo Verde, Central African Republic, Chad, China, Comoros, Congo DR, Crimea region, Cuba, Djibouti, Egypt, Eritrea, Ethiopia, Fiji, Gabon, Ghana, Guinea, Haiti, Iran, Iraq, Jamaica, Jordan, Kenya, Kosovo, Kuwait, Laos, Lebanon, Liberia, Libya, Macedonia FYR, Madagascar, Malawi, Maldives, Mali, Morocco, Myanmar, Namibia, Nepal, Niger, Nigeria, North Korea, Northern Cyprus, Oman, Pakistan, Palau, Puerto Rico, Qatar, Russia, Rwanda, Somalia, Senegal, South Sudan, Sudan and Darfur, Syria, Tanzania, Togo, Trinidad & Tobago, Tunisia, Tuvalu, the United Kingdom, the USA, Vanuatu, Vatican City, Yemen, Zambia, and Zimbabwe, or for use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
16.2. nomo does not currently provide Services to users residing in EEA countries. While some legacy EEA clients may still hold accounts for fund withdrawals, new trading activity from users in EEA is not permitted. We reserve the right to restrict or terminate access for users who do not comply with these geographical limitations. Please note that this list is not exhaustive and may be subject to periodic reviews and regulatory changes, as well as modifications based on legal requirements and our discretion.
16.3. Additionally, nomo strives to operate in compliance with regional and international sanctions. Users from sanctioned countries or regions within jurisdictions of operation, as identified by local and international authorities, may be restricted from using the Platform.
17. Taxation
17.1. Tax regulations and obligations may vary significantly depending on individual circumstances and jurisdictions. As a user of nomo, you are solely responsible for ensuring compliance with all relevant tax laws that apply to your activities, including but not limited to declaration and payment of taxes on any profits or gains resulting from your trading or investment activities.
17.2. It is important to note that nomo does not provide tax advice nor does it determine the tax liabilities of users. The Platform offers tools and Services for trading and investment, but the responsibility for understanding and fulfilling your tax obligations lies solely with you.
17.3. Users based in the LATAM region must adhere to their local tax obligations, which may include, but are not limited to: capital gains taxes on profits from trading or investments; withholding taxes applicable to trading profits in certain LATAM countries. nomo strongly advises users to consult with local tax professionals to ensure they meet all tax requirements specific to their country of residence.
18. User acknowledgements, representations, and warranties
18.1. By using the Platform, you acknowledge and warrant that:
  • you are at least 18 years old and possess the legal capacity to enter into this Agreement;
  • you are legally eligible to form a binding agreement with nomo in accordance with your local jurisdiction's laws;
  • you bear full responsibility for complying with Applicable Law in your jurisdiction, including exchange control regulations;
  • you possess all necessary consents and authority to engage with nomo and its Services;
  • you act on your own behalf without representing another person, unless explicitly agreed in writing;
  • all information and documentation provided by you are accurate, truthful, and complete;
  • you do not hold employment in certain financial entities or institutions involving underlying assets or other derivatives;
  • our assessment relies on the information provided by you, and we're not liable for damages or losses arising from any inaccuracies;
  • you use our Services solely for personal benefit;
  • your actions under these Terms and Conditions comply with all relevant laws and regulations;
  • funds utilized through nomo do not originate from illegal activities like drug trafficking, terrorism, or any criminal acts;
  • you do not deploy malicious code or tools aiming to manipulate our Platform or Services;
  • you are not subjected to financial sanctions;
  • your use of our Services adheres to the principles of honesty, fairness, and good faith.
A breach of any warranty or representation in these Terms and Conditions may lead to the closure of orders or trades made by you. Additionally, we reserve the right to freeze or close your account.
19. Intellectual property rights
19.1. nomo acknowledges and respects intellectual property rights. All content, including but not limited to logos, trademarks, designs, text, graphics, software, and any other material featured on the Platform, is protected by intellectual property laws and remains the exclusive property of nomo or its licensors. Users are granted limited, non-transferable, and non-exclusive rights to access and use the Platform solely for personal, non-commercial purposes. Any unauthorized reproduction, distribution, modification, or use of the Platform's content without explicit consent from nomo may result in legal action and the enforcement of intellectual property rights.
19.2. Without prior written consent from the Platform or other rights-holders, no individual is permitted to modify, copy, distribute, publicly disseminate, alter, or commercially exploit the Platform's program or content. Users are prohibited from downloading or modifying the Platform or any part thereof without explicit written consent. Additionally, commercial use, resale, creation of derivatives, or data collection from the Platform for commercial purposes is strictly forbidden without authorization.
19.3. Copying, duplicating, selling, or accessing the Platform website or any part thereof for commercial purposes without explicit written consent is prohibited. Users are not allowed to utilize any means to obtain Platform trademarks, logos, or proprietary information without consent. Unauthorized use of the Platform's name, trademarks, or affiliated companies' information will result in termination of the user's license or permit granted by the Platform.
19.4. Logging into the Platform or utilizing any Services offered by the Platform does not imply the transfer of intellectual property rights from the Platform to users. Users are obliged to respect intellectual property rights. In case of infringement, users are liable to the Platform, indemnifying against any damages incurred as a result of such infringement.
20. Confidentiality
20.1. At nomo, we respect the confidentiality of your personal information and are committed to protecting your privacy. We understand the importance of your data and take all necessary steps to ensure its security. Both nomo and users have a shared responsibility to maintain the confidentiality of the information shared and the activities conducted on the Platform.
20.2. Access to your personal information is limited to authorized personnel within nomo and third-party service providers who are contracted to help with business operations and are bound by strict confidentiality agreements.
20.3. For more detailed information on how we handle, protect, and process your personal data, please refer to our Privacy Policy, which provides a comprehensive overview of our data protection practices, user rights, and how we comply with legal requirements.
21. Governing law
21.1. The Governing Law for nomo and all associated services shall be subject to the jurisdiction of Saint Lucia. Any legal matters, disputes, or claims arising from the use of nomo services or the interpretation of these Terms and Conditions shall be exclusively governed by the laws of Saint Lucia.
21.2. Before resorting to legal action, nomo and users agree to make reasonable efforts to resolve any disputes or disagreements in a peaceful and amicable manner. Users and nomo will attempt to settle any disputes through direct communication and negotiation, aiming to reach a mutually acceptable resolution.
21.3. If the dispute cannot be resolved through negotiation, the parties agree that any unresolved legal matters shall be exclusively resolved by the competent courts of Saint Lucia. By using nomo’s Services, users consent to the exclusive jurisdiction of these courts and waive any objections based on the venue or jurisdiction of any such legal proceedings.
22. Miscellaneous
22.1. These Terms and Conditions, along with any documents and policies available on the Platform, constitute the entire agreement between you and nomo concerning your use of the Platform and Services.
22.2. If any provision of these Terms and Conditions is found to be invalid, illegal, or unenforceable by a competent court, the remaining provisions will remain in full force and effect. The invalid provision will be replaced with a valid provision that most closely reflects the original intent.
22.3. Failure by nomo to enforce any provision of these Terms and Conditions shall not be deemed a waiver of future enforcement of that provision or any other provision. Any waiver of rights under these Terms and Conditions will only be valid if in writing and signed by an authorized representative of nomo.
22.4. nomo reserves the right to assign or transfer its rights and obligations under these Terms and Conditions, in whole or in part, to any third party. You may not assign or transfer your rights or obligations under these Terms and Conditions without the prior written consent of nomo.
22.5. nomo will not be held liable for any failure or delay in performing its obligations under these Terms and Conditions if such failure or delay is caused by events beyond its reasonable control, including but not limited to natural disasters, technical failures, government actions, labor disputes, or acts of war.
22.6. Nothing in these Terms and Conditions shall be construed to create a partnership, joint venture, or agency relationship between you and nomo. Nothing in these Terms and Conditions shall be deemed to give one party the right to act on behalf of or bind the other party.
22.7. The headings used in these Terms and Conditions are for reference purposes only and shall not affect the interpretation or meaning of any provisions. They are included solely for the convenience of the reader.
22.8. These Terms and Conditions are written in English and shall be the governing version for all interpretations and disputes. If translations of these Terms are provided in any other language, the English version will prevail in the event of a conflict.
23. Changes to these Terms and Conditions
23.1. nomo reserves the right to update or modify these Terms and Conditions in response to changes in regulations, our Services, or business practices. When we make updates, we will revise the effective date at the top of this document.
23.2. We will notify you of any material changes to these Terms and Conditions via email or other communication methods as appropriate. If we make significant updates, we may also post a notice on our Platform to ensure that you are aware of the changes. It is important to review these Terms and Conditions periodically to stay informed about how we are protecting your personal data.
24. Información de contacto
If you have any inquiries, need assistance, or have concerns regarding nomo's Services, we are here to help.
You can reach us through the following contact methods:We are dedicated to offering efficient and reliable support to address your questions or concerns. Whether you require technical support, account assistance, or general information, we are available and committed to ensuring your experience with nomo is seamless.