CMX Commodities Exchange
Terms of Use
Last updated: August 10, 2024
- Introduction
Welcome to CMX, Kenya’s premier commodities exchange platform. By accessing or using our services, you agree to comply with and be bound by the following terms and conditions. Please read them carefully.
- Acceptance of Terms
By accessing CMX, you agree to these Terms of Use and our Privacy Policy. If you do not agree with any part of these terms, you must not use our services.
Modification of Terms
CMX reserves the right to modify these terms at any time. Any changes will be effective immediately upon posting on our website. Your continued use of CMX after any modifications indicate your acceptance of the revised terms.
- Eligibility
You must be at least 18 years old and legally capable of entering into binding contracts under Kenyan law to use our services.
Registration and Account Security
- You agree to provide accurate and complete information when creating an account.
- You are responsible for maintaining the confidentiality of your account information and for all activities that occur under your account.
- You must notify CMX immediately of any unauthorized use of your account.
- User Conduct
You agree not to use CMX for any unlawful purpose or in a manner that could damage, disable, overburden, or impair our platform. Prohibited activities include, but are not limited to:
- Engaging in fraudulent activities
- Posting or transmitting any content that is unlawful, harmful, or obscene
- Interfering with the security of the platform
- Trading and Transactions
- All trading activities must comply with applicable laws and regulations.
- CMX does not guarantee the accuracy, completeness, or timeliness of information on the platform.
- Users are responsible for their own trading decisions and for complying with all applicable laws.
- Fees and Payments
- CMX may charge fees for certain services. Any applicable fees will be disclosed to you before you use the service.
- You are responsible for paying all fees and charges associated with your use of CMX.
- Intellectual Property
- All content on CMX, including text, graphics, logos, and software, is the property of CMX or its licensors and is protected by intellectual property laws.
- You may not use any content from CMX without our prior written consent.
- Disclaimers and Limitation of Liability
- CMX provides the platform on an “as-is” and “as-available” basis. We do not warrant that the platform will be uninterrupted or error-free.
- CMX is not responsible for any loss or damage resulting from your use of the platform, including trading losses.
- Indemnification
You agree to indemnify, defend, and hold harmless CMX and its affiliates from any claims, liabilities, damages, and expenses arising from your use of the platform or violation of these terms.
- Termination
CMX reserves the right to terminate or suspend your account at any time, without notice, for any reason, including a breach of these terms.
- Governing Law
These terms are governed by the laws of Kenya. Any disputes arising out of or in connection with these terms shall be subject to the exclusive jurisdiction of the Kenyan courts.
Contact Information
For any questions or concerns regarding these Terms of Use, please contact us at compliance@cmx.co.ke