Nomo Trade Limited, an International Business Company with company number 2023-00509 incorporated in Saint Lucia with its registered office at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, LC01 401, Saint Lucia (referred to as "we," "us," "our" or "NOMO") operates under the following Terms and Conditions, constituting the Agreement between users and NOMO.

Users explicitly agree to these terms, and their ongoing use of our Services implies acceptance of this Agreement (as amended).

It is the user's responsibility to periodically review the current Agreement on our website.

nomo provides a comprehensive digital trading platform. Our Services include:

These collective offerings are collectively referred to as "Trading Services" within our suite of services. If you have any queries or require clarification on the terms applicable to these services, please do not hesitate to get in touch with us.
At nomo, it's essential to note that our Trading Services operate strictly on an execution-only basis. This implies that we abstain from offering advice or recommendations concerning your trading decisions. We provide tools and resources, but the ultimate decision-making regarding your trades rests solely with you.
Additionally, while nomo may provide news and insights, it's crucial to understand that these are intended purely for informational purposes. They should not be construed as recommendations for making trading or investment decisions. We emphasize that all investment decisions, including those facilitated by our copying the trading tool, are your sole responsibility.
We prioritize empowering our users with information and tools, but we urge careful consideration and independent judgment in making any investment or trading choices on our platform. Should you need further assistance or have any concerns, please feel free to reach out to us for support and guidance.

When you engage with our copy trading services, we prioritize your financial well-being by conducting thorough suitability and appropriateness assessments. These assessments are based on several critical factors, including your investment knowledge, past experience in the financial markets, your specific investment objectives, and your current financial situation.

It's important to note that when trading on a leveraged basis or utilizing our copy trading tools, providing accurate and necessary information becomes crucial. Failure to furnish this essential information may limit your ability to execute trades effectively or access certain features within our platform.

To ensure that our services remain suitable for your needs, it is imperative to keep us informed of any changes in your circumstances. This includes alterations in your investment knowledge, changes in your financial situation, modifications to your investment objectives, or any shifts in your experience within the financial markets.

By keeping us updated about these changes, you enable us to continually reassess your suitability for our services. This ongoing assessment allows us to adjust and tailor our services to align with your current financial situation and investment goals. Moreover, it helps us in providing you with the most appropriate and relevant services tailored to your evolving needs.

At our core, we are committed to delivering services that are not only effective but also suitable and beneficial to your individual financial circumstances. Therefore, your active participation in keeping us informed of any changes is fundamental to ensuring that we continue to provide you with the most suitable and appropriate services for your trading journey.

At nomo, we operate under specific guiding principles that shape the nature of our services and platform operations.
Firstly, it's important to note that nomo does not provide personalized investment recommendations or tax advice to its users. Instead, our focus lies in equipping users with comprehensive tools and resources to facilitate informed decision-making. We empower users with valuable information but refrain from offering individualized advice tailored to specific financial circumstances or tax implications.
Furthermore, nomo functions as a digital trading platform rather than an exchange or market. Our platform serves as a controlled and secure environment where users can engage in various trading activities. All trades, purchases, or sales must be initiated, executed, and concluded exclusively within the nomo platform environment. This internalized system ensures that all trading activities remain within our monitored and regulated ecosystem.
Es crucial entender que los precios mostrados en la plataforma nomo pueden diferir de los ofrecidos por otros brokers y de los precios vigentes en el mercado. Estas variaciones son intrínsecas a la estructura y al sistema de precios de nuestra plataforma. Los usuarios deben tener en cuenta estas diferencias cuando realicen transacciones en nuestra plataforma.
Additionally, nomo explicitly permits trades executed outside regulated markets. This distinction offers users the flexibility to participate in transactions that might fall outside the conventional regulated market framework. This aspect provides an added layer of versatility for users seeking various trading opportunities within the nomo platform.

Engaging with nomo Services carries inherent risks that users should be mindful of throughout their trading journey. These risks encompass various facets, notably the potential loss of deposited funds, particularly when engaging in trading on a leveraged basis.
One of the critical aspects contributing to these risks is the unpredictable nature of market behavior. Markets are subject to fluctuations influenced by various factors, such as economic conditions, geopolitical events, and global trends. These fluctuations can significantly impact the outcomes of trades, leading to either favorable returns or losses. Additionally, trade sizes play a pivotal role; the larger the trade, the greater the potential gains or losses.
Trading on a leveraged basis amplifies these risks. While leverage can magnify profits, it also heightens the exposure to losses. Leveraged trading allows users to control larger positions with a smaller amount of capital. However, it's crucial to understand that the leveraged nature of trades can exacerbate both gains and losses, amplifying the impact of market movements on the actual returns or losses experienced.
It's imperative for users to recognize that past performance is not a reliable indicator of future results. Just because a particular asset or strategy performed well previously does not guarantee similar outcomes in the future. Market conditions are dynamic and subject to change, making it essential for traders to exercise caution and diligence in their decision-making processes.
For users engaging in copy trading functionalities, closely monitoring trades and positions becomes paramount. While copy trading tools offer convenience by mirroring the strategies of established traders, users must remain vigilant. Any oversight or lack of oversight in monitoring these copied trades could lead to unintended losses if market conditions change abruptly or if the strategies being replicated are not suitable for current market conditions.

Trading on a digital platform, such as nomo, introduces users to a unique set of risks inherent in the online environment. These risks encompass a spectrum of potential challenges that users may encounter during their trading activities.
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.
Security threats pose another substantial risk. 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.

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 clients, we may aggregate or split your order with our own or other clients' orders.

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.

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:

8.1. 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.

8.2. Arrangements and payments

nomo 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.

8.3. Fees, commissions, and non-monetary benefits

Permissible under applicable laws, nomo may provide, receive, or pay fees, commissions, or non-monetary benefits as regulated.

8.4. Dealing charges and remuneration

nomo might share dealing charges with its affiliate companies or receive remuneration from them concerning transactions executed on your behalf.

8.5. Counterpart to trades

nomo or its affiliate companies may act as counterparties to the trades you initiate.

8.6. Setting instrument prices

nomo is responsible for setting instrument and product prices on the nomo platform. Consequently, these prices may differ from those provided by other brokers or the market price on exchanges or trading platforms.

9.1. Applying to nomo account

To apply for a nomo account, you'll need to complete an online application form and furnish requested information for identification, identity verification, fraud checks, sanctions checks, and compliance with anti-money laundering and counter-terrorism regulations as mandated by Applicable Law. This entails providing personally identifiable information, tax residency details, confirmation of US citizenship or birth in the US, or other necessary information according to legal requirements.

You might also be required to furnish additional information enabling us to assess whether the Trading Services, including tools for copy trading, align with your suitability and appropriateness. Please refer to the "Suitability and appropriateness assessments" in clause 3 for detailed information.

If applying for a nomo account on behalf of a business entity, it's imperative to possess the authority to enter into agreements on behalf of the said business.

Each user is allowed to possess only one nomo account. The creation of a second or subsequent account is strictly prohibited. In the event that a user is found to have multiple accounts, nomo reserves the right to take necessary action, which may include suspending, deleting, or combining the additional accounts into a single one. Such actions will be taken at the discretion of nomo's compliance team to ensure adherence to our policies and maintain fair usage of our platform.

To apply for a nomo account, complete the online application form, providing necessary information for identity verification and compliance checks. This includes personal details, tax residency, and verification documents, adhering to regulatory standards. For business accounts, ensure authorized representation.

Additional Suitability and Appropriateness Assessments may be required to determine the suitability of Trading Services for your profile. Compliance with these assessments is detailed in clause 3 – "Suitability and appropriateness assessments."

9.2. Maintaining nomo account

At nomo, we may periodically request additional information, documents, or clarifications as necessitated by anti-money laundering (AML) and counter-financing of terrorism (CFT) regulations, anti-fraud measures, or internal procedures. This may be required to ensure compliance with these regulations and to maintain the integrity of your trading activities.

It's crucial that any changes in the information provided to us are promptly communicated to us in writing. Please notify us of any changes within 30 days of the occurrence of such changes.

To ensure seamless account processing, the information you furnish must be accurate, complete, and devoid of any misleading details. Failure to provide accurate or complete information may hinder the opening of a nomo account, or in the case of an existing account, lead to its suspension, closure, or freezing. It's important to note that we may be unable to facilitate the disbursement of funds associated with your account if you fail to provide the necessary documents mandated by Saint Lucia AML/CFT law, or any other Applicable Law.

9.3. nomo account security

Upon account creation, choose secure login credentials and additional security details. Safeguard these details to prevent unauthorized access, promptly changing them if compromised. nomo may block account access in cases of suspected security threats or legal requirements.

Never grant account access to third parties, as any decisions or losses incurred by unauthorized individuals are non-refundable. nomo holds the right to cancel or reject orders placed by unauthorized third parties for security reasons.

9.4. Closing account

You have the option to close your nomo account by sending us an email or through the platform settings. Your account will be closed within seven days of your request. Any pending orders will be processed, and associated fees will be applicable.
It is recommended to close any ongoing trades before initiating the account closure process. If trades remain open upon account closure, resulting losses will not be our responsibility.

9.5. Blocking account

We reserve the right to freeze, block, or terminate your nomo account or services in various circumstances, such as service discontinuation, inaccurate information, breaches of trading rules.
While we endeavor to provide prior notice before freezing or blocking your account/services, immediate action may be necessary due to security risks, regulatory compliance, breaches of agreement. Your trading records and account information will be available online in your nomo account for at least five years after its closure, subject to extension as required by Applicable Law or mutual agreement.

Upon utilizing nomo's services, users are mandated to associate their nomo accounts exclusively with approved payment methods sanctioned by the platform. These approved payment methods encompass a range of options including, but not limited to, current accounts, debit or credit cards, electronic wallets, and other methods that nomo has expressly authorized. The availability and acceptance of multiple payment methods may be contingent upon the user's geographical location and nomo's discretion.

It is imperative that the payment method linked to the nomo account is registered in the name of the user. nomo underscores the significance of this requirement to uphold the highest standards of security and regulatory compliance. Furthermore, nomo reserves the right to request verification documents from users to substantiate the ownership and validity of the associated payment method. Non-compliance with this verification process or the provision of inaccurate information may lead to limitations imposed on deposit capabilities and the utilization of the nomo account.

In addition, nomo holds the prerogative to process withdrawals via affiliated entities linked to the platform's services. However, users should be mindful that nomo retains the discretion to reverse or inhibit withdrawals if breaches of the platform's Terms of Use or regulatory infringements are identified. These measures are implemented to safeguard nomo's policies, ensure regulatory compliance, and maintain the integrity and security of the platform.

You have the option to deposit funds into your nomo account using designated and approved payment methods facilitated by our platform. Please note that we do not accept cash or checks as valid deposit methods. 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 website or within our provided documentation.
Upon initiation of your deposit, your funds will undergo a comprehensive verification and compliance process in accordance with Applicable Law. Following successful completion of these necessary checks, your deposited amount will be credited and reflected in your nomo account.
It's important to be aware that specific limitations might apply to deposit amounts, and if applicable, these limitations will be communicated to you in advance. nomo reserves the right to enforce predetermined deposit limits based on regulatory requirements or other relevant factors.
Furthermore, in adherence to our strict security protocols and regulatory standards, nomo retains the right to return funds received from a payment method not registered in your name. In such cases, nomo may exercise the right to deduct any associated return fees incurred as a result of this action.

Withdrawals from your nomo account can be initiated to the same payment method previously used for deposits, provided they comply with regulatory standards and Applicable Law. In certain situations, nomo may consider and approve withdrawals to an alternative payment method registered in your name. To maintain stringent security measures and mitigate against potential fraudulent activities, withdrawal limitations have been established. The minimum withdrawal amounts are explicitly specified and available for your reference on our website.

As part of our commitment to transparency, it's important to note that withdrawals may incur certain fees, which are clearly outlined on our website. We endeavor to process withdrawal requests promptly, generally within one business day, contingent upon compliance with Applicable Law and potential delays associated with compliance verifications. However, please be advised that the duration for funds to reflect in your account post-processing may be influenced by the policies of the respective payment processors.

nomo adheres to Eastern European Time (EET) for withdrawal processing deadlines. Withdrawal requests submitted after 11:00 am EET or on non-business days will be processed on the subsequent business day. This processing timeframe excludes public holidays or bank holidays in Saint Lucia or any relevant banking locations pertinent to the withdrawal transaction.

When engaging with nomo's Trading Services, users participate in the process of placing orders, either through manual transactions or automated services. These orders encapsulate a variety of requests involving the buying, selling, or trading of financial products, encompassing limit orders, stop loss orders, or take profit orders. nomo commits to executing these orders upon acceptance and in strict adherence to the specific instructions provided by users. It's crucial to acknowledge that the execution prices of orders may deviate from the initially placed order prices due to market volatility or fluctuations, commonly referred to as slippage. Orders initiated during market suspensions will be executed once trading resumes; however, there exists no guarantee of execution at precise market prices during such occurrences.

Users have the capability to place orders conveniently through our platform, as we do not accept orders via phone. It's imperative for users to exercise caution when placing orders, as unintended or duplicate orders will be executed assuming deliberate action. nomo undertakes order executions within specified trading hours allocated for different products, with users bearing the responsibility of being cognizant of these designated trading hours. Orders placed outside these stipulated market hours may result in delayed or restricted access to certain functionalities, for which nomo assumes no liability.

Regarding the modification or cancellation of orders, users maintain the ability to request alterations or cancellations for unexecuted orders. However, it is important to note that nomo does not guarantee the fulfillment of these modification or cancellation requests. nomo reserves the discretionary right to decline or refrain from executing an order based on various scenarios delineated in our policies. The rationale for non-acceptance or cancellation may include concerns pertaining to account security, insufficient funds, order errors, regulatory alterations, inconsistencies in market conditions, breaches of specified rules, default events, or in exceptional circumstances.

In instances where nomo declines, executes, or cancels an order, users will receive notifications through our trading platform, and any applicable fees, if incurred, will be refunded to the user's nomo account. For executed transactions, nomo may take corrective actions under certain circumstances, as elaborated in our policies. Users are strongly advised to thoroughly review and comprehend these terms, as nomo is indemnified against any resulting losses stemming from its actions or inactions concerning order modifications, cancellations, or non-acceptance.

Your trading activities within nomo, encompassing both concluded trades and current positions, alongside margin and cash balances, collectively constitute the '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.

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.

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 this Terms, any orders placed, or trades executed. It is understood that these records shall remain the exclusive property of our organization.

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 website. 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.

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.

Our diverse range of services may incur distinct fees. It is incumbent upon you to remain abreast of these fees by regularly consulting our website 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.

When utilizing nomo's Services, it is imperative to strictly adhere to the following set of rules and guidelines, outlined for maintaining the integrity and fair use of our platform:

Non-compliance with these prescribed rules may result in stringent actions taken by nomo:

It is imperative to abide by these rules to ensure fair and transparent trading practices on our platform. By utilizing nomo's Services, you acknowledge and agree to comply with these guidelines as a fundamental condition of your engagement.

The information on this site 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.

As tax regulations and obligations may vary based on individual circumstances and jurisdictions, users of the platform are solely responsible for complying with all relevant tax laws applicable to their activities on nomo. This includes, but is not limited to, the declaration and payment of taxes arising from profits or gains made through trading or investment activities. nomo does not provide tax advice or determine users' tax liabilities. It is the responsibility of each user to seek guidance from qualified tax professionals or advisors regarding their specific tax obligations arising from their utilization of nomo's services.

By using nomo, 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.
• If an entity, you legally exist as per Applicable Law and have obtained necessary consents and authorizations as per your constitutional or organizational documents.
• 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 nomo's Services solely for personal benefit.
• Your actions under this Agreement 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 nomo's platform or Services.
• You are not subjected to financial sanctions.
• Your use of nomo's Services adheres to the principles of honesty, fairness, and good faith.

A breach of any warranty or representation in this Agreement may lead to the closure of orders or trades made by you. Additionally, nomo reserves the right to freeze or close your account. Furthermore, you are liable to indemnify nomo fully for any violations of Applicable Law.

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 nomo 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.

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.

Direct or indirect creation or editing of collections, compilations, databases, or personal records using Platform content, whether through automated tools or manual operations, is strictly prohibited without written permission. Usage of Platform content and materials for purposes not explicitly permitted by these Terms is strictly forbidden.

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.

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.

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's services or the interpretation of these terms and conditions shall be exclusively governed by the laws of Saint Lucia.

It is the user's responsibility to regularly review this page for any updates or alterations to these Terms of Use. nomo may make changes periodically, and users will be notified of such amendments either through email or by a notice published on the nomo platform. Continued use of nomo's services after modifications take effect signifies acceptance of the revised Terms of Use.

For any inquiries or assistance, feel free to reach out to us. You can contact nomo through phone at +371 254 93 909 or via email at support@nomotrade.com. Our operational address is located at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, LC01 401, Saint Lucia. We are committed to providing prompt and efficient support to address your queries or concerns.