Latvian FTS Terms & Conditions

Section 1 — Parties and Definitions

1.1 Parties

These Terms constitute a binding legal agreement between:

(a) YOU ("User", "you", or "your") — the individual or legal entity purchasing, downloading, accessing, or using the Product, Courses, or Services.

(b) VERVENI TECHNOLOGIES, operating the Latvian FTS brand, established and located in Bulawayo, Zimbabwe ("we", "us", "our", "Provider", "Latvian FTS", "Merchant").

(c) No Third Parties

These Terms create a direct contractual relationship solely between User and Provider. No other person or entity (including any technical service provider, infrastructure provider, web hosting provider, payment processor, third-party platform, IT consultant, or other service provider engaged by Provider) is a party to these Terms or bears any liability, obligation, warranty, or responsibility to User under these Terms or in connection with the Product or Services.

User acknowledges and agrees that:

• Provider is the sole party with whom User has a contractual relationship
• User has no contractual rights against any third-party service provider
• User may not assert claims against any third party based on these Terms
• Third-party service providers are not intended third-party beneficiaries of these Terms

(d) No Reliance on Third Parties

The User acknowledges and agrees that they rely solely on Verveni Technologies and not on any third-party systems, platforms, infrastructure, hosting providers, technical service providers, or other service providers in accessing or using the Product or Services. User has not relied on any representations, warranties, or conduct by any third party in deciding to purchase or use the Product.

1.2 Definitions

• (a) "Product" means the algorithmic trading software, Expert Advisors (EAs), indicators, trading tools, automated trading systems, trading academy courses, video lessons, strategies, scripts, and related digital materials offered for sale or license through the Platform, including all updates, modifications, and enhancements.
• (b) "Services" means access to and use of the Product, including software downloads, license key delivery, video streaming, product updates, technical support (if any), user documentation, and related services provided by Provider.
• (c) "Store" or "Platform" means the web platform operated by Provider at https://latvianfts.verveni.com.
• (d) "Purchase" means any transaction through which User acquires, enrolls in, licenses, or subscribes to the Product or Services.
• (e) "Account" means the member account created by User upon authenticating via Google Sign-In with the Platform.

1.3 Merchant of Record

Provider is the sole merchant of record for all Purchases made through the Platform. All payments are collected by Provider through Provider's designated payment service providers. Provider is solely and exclusively responsible for Product delivery, activation, support, and compliance.

Section 2 — Eligibility and Restricted Jurisdictions

2.1 Age and Legal Capacity: You must be at least 18 years of age and possess full legal capacity to enter into binding contracts under the laws of your jurisdiction.

2.2 Restricted Jurisdictions: The Product and Services are NOT offered to, directed at, or intended for use by residents, nationals, or citizens of any jurisdiction where the distribution, marketing, or use of algorithmic trading software is prohibited by law, or requires licenses Provider does not possess.

2.3 User Warranty: You represent and warrant that you are not located in, a resident of, or accessing the Services from any Restricted Jurisdiction.

2.4 Geolocation Verification: Provider reserves the right to use IP address detection, geolocation telemetry, and payment verification to ensure compliance.

Section 3 — Product, Services, and Non-Advised Execution

3.1 Product Description: The Product consists of educational trading content and algorithmic software tools designed for use with third-party trading terminals (such as MetaTrader). The Product operates according to user-defined settings and does NOT exercise discretionary portfolio management.

3.2 No Investment Advice: Provider does NOT provide investment advice, financial planning, tax advice, or market predictions. The Product is offered strictly on a non-advised, educational, and execution-only basis.

3.3 User Sole Responsibility: You are solely and exclusively responsible for all trading decisions, parameters, risk management, and capital outcomes.

Section 4 — Purchases, Pricing, and Taxes

4.1 Payment Processing: Payments are processed via certified third-party payment gateways. Provider does not collect or store complete credit card numbers or CVV codes.

4.2 Pricing: Prices are displayed in USD (or local equivalent) and are subject to adjustment without prior notice.

4.3 Taxes: Prices exclude indirect taxes unless stated otherwise. User is responsible for any applicable local taxes or duties.

Section 5 — Refunds and Cancellations

5.2 EU Consumer Right of Withdrawal: By purchasing and accessing digital content (courses or EA downloads), you expressly consent to immediate delivery and acknowledge that the statutory right of withdrawal ceases once digital execution begins.

5.3 Chargebacks: If you initiate a chargeback without contacting Provider first, Provider reserves the right to immediately terminate access, revoke license keys, and pursue remedies for unauthorized disputes.

Section 6 — Intellectual Property & Single-User License

6.1 Ownership: All proprietary rights in the Product, code, algorithms, indicators, videos, curriculum, and trademarks remain the exclusive property of Verveni Technologies.

6.2 Limited License: Provider grants you a limited, revocable, non-exclusive, non-transferable license to use the Product for personal trading purposes.

6.3 Strict Restrictions: You may NOT reverse engineer, decompile, resell, redistribute, sub-license, or share your issued license key (LFTS-...) with any third party.

Section 7 — Risk Disclosure and High-Risk Warnings

7.1 No Guarantee of Profitability: Provider does NOT guarantee profits, nor that algorithms will perform consistently with historical backtests.

7.2 Past Performance: PAST PERFORMANCE, HYPOTHETICAL SIMULATIONS, AND BACKTESTS ARE NOT INDICATIVE OF FUTURE RESULTS.

7.3 Active Monitoring Required: Algorithmic software requires continuous human monitoring. Never leave trading algorithms running unattended indefinitely.

Section 8 — Disclaimers and Limitation of Liability

8.1 "As Is" Basis: THE PRODUCT AND SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED.

8.2 Exclusion of Damages: TO THE MAXIMUM EXTENT PERMITTED BY LAW, PROVIDER SHALL NOT BE LIABLE FOR ANY TRADING LOSSES, BROKER OUTAGES, SLIPPAGE, HARDWARE FAILURES, OR CONSEQUENTIAL DAMAGES.

8.3 Liability Cap: Provider's total aggregate liability under any claim shall not exceed the lesser of: (a) Total fees paid by User for the specific Product in the preceding 12 months; or (b) USD 100.

Section 9 — Third-Party Services and Brokers

Provider has no affiliation with third-party brokers or trading terminal providers (such as MetaQuotes). You are solely responsible for conducting due diligence on brokers you choose to trade with.

Section 10 — Data Protection and Privacy

Data processing is governed by our Privacy Policy. Verveni Technologies acts as the sole data controller in compliance with the Cyber and Data Protection Act of Zimbabwe and the GDPR.

Section 11 — Prohibited Conduct & Termination

Prohibited actions include: sharing license keys, reverse engineering software, scraping video masterclasses, circumventing security filters, or filing fraudulent chargebacks. Violations result in immediate license revocation and account termination without refund.

Section 12 — Indemnification

You agree to defend, indemnify, and hold harmless Verveni Technologies, its directors, officers, and employees against any claims, damages, losses, or legal fees resulting from your use or misuse of the Product, violation of these Terms, or live trading outcomes.

Section 13 — Governing Law and Dispute Resolution

13.1 Governing Law: These Terms are governed by and construed in accordance with the substantive laws of Zimbabwe.

13.2 Pre-Dispute Negotiation: Parties shall attempt good-faith informal resolution for at least 30 days prior to initiating formal proceedings.

13.3 Binding Dispute Resolution: Unresolved disputes shall be submitted to binding arbitration or the competent courts of Zimbabwe. For EU/EEA consumers, mandatory local statutory consumer remedies remain unaffected.

13.4 Class Action Waiver: ALL DISPUTES MUST BE BROUGHT ON AN INDIVIDUAL BASIS. YOU WAIVE ANY RIGHT TO PARTICIPATE IN CLASS OR REPRESENTATIVE ACTIONS.

Section 14 — Contact Information

Acknowledgment & Acceptance

By authenticating through Google Sign-In, accessing the Platform, enrolling in academy courses, or downloading algorithmic software, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions in their entirety.