This Risk and Compliance Disclosure should be read in conjunction with the Terms of Service (Services) of IQFinex. In simple English, we want you to understand the very important risks and compliance matters while you are trading on our platform.
The risk of loss in trading or holding digital assets can be substantial. You should therefore carefully consider whether trading in any digital assets or special digital assets is suitable for you in light of your financial condition.
While other platforms can help you settle or withdraw in fiat currency, IQFinex does not allow any settlement or withdraws in fiat currency. IQFinex is a digital asset-only trading platform.
While there are other trading or exchange platforms that help convert or liquidate digital assets into money or fiat currency, we do not provide such service. IQFinex does not view digital assets as money or fiat currency as digital assets are NOT backed by any government or central bank.
We can not and do not want to accept customers in jurisdictions that have been banned activities involving digital assets, required costly cross-jurisdictional regulations, or on international sanction lists. We simply don’t want to have any problems with various country’s regulations.
While we may not welcome some regulations, we respect regulations and comply with applicable regulations. As good corporate citizens, we may be asked for information for law enforcement authorities and we will assist if permissible by law. What this means is that our platform only welcomes law abiding customers. We welcome your opportunity to earn , in return we require that you act legally and properly on our platform.