Last updated: April 25, 2020
The purpose of this Website is to furnish you with general information about the NEER
developed by us and help you use the related products and services. In consideration of
your use of the Website, you agree to comply with these Terms. IF YOU DO NOT AGREE TO
THESE TERMS, PLEASE DO NOT USE THIS WEBSITE. We reserve the right to revise these
Terms and/or update the Website. Please check this page from time to time to take notice
of any changes we make, as they are binding on you.
ELIGIBILITY TO USE WEBSITE
This Website is offered and available to Users who are eligible to enter into a contract. By
using this Website, you represent and warrant that you are of legal age and legally
competent to form a binding contract with us and if you do not meet these requirements,
you must not access or use the Website.
IF YOU WISH TO USE OUR WEBSITE, PLEASE ENSURE THAT YOU ARE
PERMITTED TO DO SO IN YOUR JURISDICTION. You are solely responsible for ensuring
that your use of this Website is in compliance with all laws, rules and regulations
applicable to you. Your right to access the Website is revoked when you breach these
Terms or when use of the Website is prohibited in your country and, in such
circumstances, you agree not to use or access the Website in any manner.
USER ACCOUNT AND VERIFICATION
You may be asked to register on the Website to access or avail certain products and
services on the Website. To register a new user account, you need to provide your
personal information including but not limited to your full name, email address and
contact information (“Account”).
You must agree and authorize us to, directly or indirectly (via a third party), undertake the
necessary checks and inquiries concerning the accuracy and truthfulness of the
For using some features of the website you may be asked to go through the know your
customer (“KYC”) process. On completion of the know your customer (“KYC”) process,
you may be provided with “Account Information” to enable you to access your Account,
which shall include a user identification code, password and/or any other piece of
information. If you register on the Website by logging into any third-party websites like
Facebook, LinkedIn, Twitter or Gmail, the login information of such third-party website, as
the case may be, such details shall be considered to be a part of the Account Information.
USER REPRESENTATIONS, WARRANTIES AND COVENANTS
You represent, warrant and covenant that:
● you have carefully reviewed the contents of these Terms, and have understood
and agreed with them;
● you are legally authorized to access the Website;
● you will not authorize others to use your Account, or assign your Account to any
● you will not use the Account of any other person without appropriate
● the information provided by you on the Website is correct, updated and complete.
In case the data provided by you is incorrect or unreliable you may be subject to
investigation for the same;
● all information you provide to register with this Website or otherwise, is governed
● you shall treat the Account Information as confidential, and you shall not
disclose it to any other person or entity. Further, you shall use caution while accessing the
Website from a public or shared computer so that others are not able to view or record
your password or other personal information; and
● in the event you detect any suspicious activity on your Account, you must
immediately notify us. In such an event, you agree and confirm that we may suspend or
terminate your Account and restrict your Account from initiating, completing or
performing any transactions until we have completed our investigation and taken
appropriate action. We reserve the right to recall and/or reverse the executed transaction.
In the event a financial institution, governmental authority, court of law or any other
authority directs us to provide them information regarding you, the Account and/or any
transaction undertaken by you, you agree to cooperate with us for the purposes of such
You may use the Website only for lawful purposes and in accordance with these Terms.
You agree not to use the Website:
● in any way that violates any applicable laws or regulations (including, without
any laws regarding the export of data or software to and from any country);
● for exploiting, harming, or attempting to exploit or harm minors in any way by
exposing them to inappropriate content, asking for personally identifiable information or
● to transmit, or procure the sending of, any advertising or promotional material,
any ‘junk mail’, ‘chain letter’ or ‘spam’ or any other similar solicitation;
● to impersonate or attempt to impersonate us, any of our employee/s, another
User of our Website or any other person or entity; or
● to engage in any other conduct that restricts or inhibits anyone’s use or
enjoyment of the Website, or which, as determined by us, may harm us or Users of the
Website or expose them to liability.
Additionally, you agree not to:
● use the Website in any manner that could disable, overburden, damage, or impair
the Website or interfere with any other User’s use of the Website, including their ability to
engage in real time activities through the Website;
● use any robot, spider or other auto device, process or means to access the Website
for any purpose, including monitoring or copying any of the material on the Website;
● use any manual process to monitor or copy any of the material on the Website or
for any other unauthorized purpose without our prior written consent;
● use any device, software or routine that interferes with the proper working of the
● introduce any viruses, trojan horses, worms, logic bombs or other material which
is malicious or technologically harmful;
● attempt to gain unauthorized access to, interfere with, damage or disrupt any
parts of the Website, the server on which the Website is stored, or any server, computer or
database connected to the Website;
● attack the Website via a denial-of-service attack or a distributed denial-of-service
● otherwise attempt to interfere with the proper working of the Website.
Internet Transmission Risks
The risks associated with using an internet-based system include, without limitation, the
failure of hardware, software and internet connections, either ours or the third-party
service provider’s. You acknowledge that we shall not be responsible for any
communication failures, disruptions, errors, distortions, delays, or losses due to volatility
in prices you may experience when trading via the Website, howsoever caused.
UPLOADING CONTENT ON THE WEBSITE
The Website may contain message boards, chat rooms, blogs, forums, bulletin boards and
other interactive features that will allow you to post, submit, publish, display or transmit
to other Users or other persons, content or materials (collectively, “User Content”) on or
through the Website.
Any User Content you post to the Website will be considered non-confidential and nonproprietary. By providing any User Content on the Website, you grant us and our affiliates
and service providers, and each of their and our respective licensees, successors and
assigns, the right to use, reproduce, modify, perform, display, distribute and otherwise
disclose to third parties any such material.
You represent and warrant that:
● the User Content is genuine and accurate;
● you own all intellectual property rights (or have obtained all necessary
permissions) to provide your User Content and to grant the licenses under these Terms;
● your User Content will not violate any agreements or confidentiality obligations;
● your User Content will not violate, infringe or misappropriate any intellectual
property right or other proprietary right, including the right of publicity or privacy, of any
person or entity; and
● all of your User Content do and will comply with these Terms and law of your
You understand and acknowledge that you are responsible for any User Content you
submit or contribute, and you, not us, have full responsibility for such content, including
its legality, reliability, accuracy and appropriateness. We are not responsible, or liable to
any third party, for the accuracy of any User Content posted by you or any other User of
By posting, uploading, inputting, providing or submitting your User Content to us, you
grant us, our affiliates and any necessary sub-licensees, a non-exclusive, worldwide,
perpetual, right and permission to use, reproduce, copy, edit, modify, translate, reformat,
create derivative works from, distribute, transmit, publicly perform and publicly display
your User Content and sub-license such rights to others.
If you decide to submit questions, remarks, recommendations, thoughts, unique or
innovative materials or other data to us (“Feedback”), you may do so on your own accord
and not based on any request or solicitation from us. Feedback does not include User
Content. We reserve the right to use Feedback for any purpose at no charge and without
compensation to you. If you expect to be paid or want to continue to own or claim rights to
your Feedback, do not send us Feedback. The purpose of these Terms is
to avoid potential misunderstandings or disputes if our products or services might seem
similar to ideas submitted to us as Feedback. In the event that you choose to send us
Feedback, you acknowledge and agree that we make no assurances that your Feedback
will be treated as confidential or proprietary.
Monitoring and Enforcement
We reserve the right to:
● remove or refuse to post any User Content or Feedback for any or no reason in
our sole discretion;
● take any action with respect to any User Content or Feedback that we deem
necessary or appropriate, in our sole discretion, if we believe that such User Content or
Feedback violates these Terms (including the Content Standards), infringes any
intellectual property right or other right of any person or entity, threatens the personal
safety of Users of the Website or the public or could create liability for us;
● disclose your identity or other information about you to any third party who
material posted by you violates their rights, including their intellectual property rights or
their right to privacy;
● terminate or suspend your access to all or part of the Website for any violation of
Without limiting the foregoing, we have the right to fully cooperate with any law
enforcement authorities or court order requesting or directing us to disclose the identity
or other information of anyone posting any materials on or through the Website. YOU
WAIVE AND HOLD HARMLESS US AND OUR AFFILIATES, LICENSEES AND SERVICE
PROVIDERS, FROM ANY CLAIMS RESULTING FROM ANY ACTION TAKEN BY ANY OF THE
FOREGOING PARTIES DURING OR AS A RESULT OF ITS INVESTIGATIONS AND FROM ANY
ACTIONS TAKEN AS A CONSEQUENCE OF INVESTIGATIONS BY EITHER SUCH PARTIES
OR LAW ENFORCEMENT AUTHORITIES.
However, we do not undertake to review all material before it is posted on the Website
and cannot ensure prompt removal of objectionable material after it has been posted.
Accordingly, we assume no liability for any action or inaction regarding transmissions,
communications or content provided by any User or third party. We have no liability or
responsibility to anyone for performance or non-performance of the activities described
in this section.
These Content Standards apply to any and all User Content and Feedback. User Content
and Feedback must in their entirety comply with all applicable state, local and
international laws and regulations. Without limiting the foregoing, User Content and
Feedback must not:
● contain any material which is defamatory, obscene, indecent, abusive,
harassing, violent, hateful, inflammatory or otherwise objectionable;
● promote sexually explicit or pornographic material, violence, or discrimination
based on race, sex, religion, nationality, disability, sexual orientation or age;
● infringe any patent, trademark, trade secret, copyright or other intellectual
property or other rights of any other person;
● violate the legal rights (including the rights of publicity and privacy) of others or
contain any material that could give rise to any civil or criminal liability under applicable
laws or regulations or that otherwise may be in conflict with these Terms and our Privacy
● be likely to deceive any person;
● promote any illegal activity, or advocate, promote or assist any unlawful act;
● cause annoyance, inconvenience or needless anxiety or be likely to upset,
embarrass, alarm or annoy any other person;
● impersonate any person, or misrepresent your identity or affiliation with any
person or organization;
● involve commercial activities or sales, such as contests, sweepstakes and other
sales promotions, barter or advertising; or
● give the impression that they emanate from or are endorsed by us or any other
person or entity, if this is not the case.
INTELLECTUAL PROPERTY RIGHTS
The Website and all its contents, features and functionalities (including but not limited to
all information, software, text, displays, images, video and audio, and the design, selection
and arrangement thereof), are owned by us, our licensors or other providers of such
material and are protected by applicable laws and other intellectual property or
proprietary rights laws.
These Terms permit you to use the Website in the manner specified herein and in your
NEER Transaction Documents. You must not reproduce, distribute, modify, create
derivative works of, publicly display, republish, download, store or transmit any of the
material on our Website, except as follows:
● your computer may temporarily store copies of such materials in RAM incidental
to your accessing and viewing those materials;
● you may store files that are automatically cached by your web browser for display
● if we provide desktop, mobile or other applications for download, you may
download a single copy to your computer or mobile device solely for your own personal,
non-commercial use, provided you agree to be bound by our end user license agreement
for such applications; and
● if we provide social media features with certain content, you may take such actions
as are enabled by such features.
You must not:
● modify copies of any materials from this site;
● use any illustrations, photographs, or graphics separately from the accompanying
● delete or alter any copyright, trademark or other proprietary rights notices from
copies of materials from this site. If you print, copy, modify, download or otherwise use or
provide any other person with access to any part of the Website in breach of these Terms,
your right to use the Website will cease immediately and you must, at our option, return
or destroy any copies of the materials you have made. No right, title or interest in or to the
Website or any content on the Website is transferred to you, and all rights not expressly
granted are reserved by us. Any use of the Website not expressly permitted by these
Terms is a breach of these Terms and may violate copyright, trademark and other
The Company name, the Company logo and all related names, logos, product and service
names, designs and slogans are our, or our affiliates or licensors’ trademarks. You must
not use such marks without the prior written permission of the respective owners of such
All other names, logos, product and service names, designs and slogans on this Website
are the trademarks of their respective owners.
NO RELIANCE ON INFORMATION POSTED
The information presented on or through the Website is made available solely for general
information purposes. We do not warrant the accuracy, completeness or usefulness of this
information. Any reliance you place on such information is strictly at your own risk. You
acknowledge and agree that should any claim/ damage/ liability
arise as a result of any reliance placed by you on any information published on the
Website, the person from whom the said User Content is obtained and made available on
the Website shall be solely responsible, and we shall have no liability in relation to the
This Website may include content provided by third parties, including materials provided
by other Users, bloggers and third-party licensors, syndicators, aggregators and/or
reporting services. All statements and/or opinions expressed in these materials, and all
articles and responses to questions and other content, other than the content provided by
us, are solely the opinions and the responsibility of the person or entity providing those
materials. These materials do not necessarily reflect our opinion. We are not responsible,
or liable to you or any third party, for the content or accuracy of any materials provided by
any third parties. We may review the content to determine whether it is illegal or violates
our policies, and we may remove or refuse to display the content that we reasonably
believe violates our policies or the law. But that does not necessarily mean that we review
the content. Please don’t assume that we do.
LINKING TO THE WEBSITE AND LINKS FROM THE WEBSITE
You may link to our Website through a third-party service provider, provided you do so in
a way that is fair and legal and does not damage our reputation or take advantage of it.
You must not establish a link in such a way as to suggest any form of association, approval
or endorsement on our part where none exists. You must not frame this Website in any
other webpage, or create a link for any webpage in any part of this Website, other than the
home page. We reserve the right to withdraw the permission to link without notice. The
webpage to which you are linking must comply in all respects with the Content Standards
set out in these Terms. You agree to cooperate with us to immediately cease any
unauthorized framing or linking if you cause it. We reserve the right to withdraw linking
permission without notice.
If the Website contains links to other sites and resources provided by third parties, these
links are provided for your convenience only. This includes links contained in
advertisements, including banner advertisements and sponsored links. We have no
control over the contents of those sites or resources, and accept no responsibility for them
or for any loss or damage that may arise from your use of them. If you decide to access any
of the third-party websites linked to this Website, you do so entirely at your own risk and
subject to the terms and conditions of use for such websites.
We reserve the right to block or freeze your Account in the following cases:
● upon a request from the government authorities to comply with an order in
accordance with applicable laws;
● at the request of the payment service provider;
● upon a mistake found in your Account; or
● upon suspicion of fraudulent activities or violation of applicable law, or
notification from one of the other Users about trades.
If an Account is suspected of fraud or violation of law, and the User of the Account is
unable to clarify the suspicious activities, the funds of such Account will be seized
completely. The fund will be used to compensate the victims directly. In case the amount
of money collected is less than the sum of all the victims, all the money will be distributed
to the victims at the rate of damage.
We reserve the right to refuse to continue providing you with access to the Website, or
suspend or freeze your Account, or take any other actions, without notifying you in
advance, if we discover that you are in violation of these Terms and/or applicable laws,
including without limitation:
● incompetence to contract under these Terms;
● engaging in or have engaged in any act that infringes or harms any intellectual
property right, right to likeness, right to privacy, reputation, other right or benefit of us,
any other Users of the Website, or other third parties;
● engaging in or have engaged in criminal and/or unlawful activities including,
but not limited to, money laundering, terrorist financing, proliferation of weapons of mass
destruction, human trafficking, promotion and/or marketing any illegal goods or services
(such as violent, obscene, erotic or pornographic content), marketing and/or promoting
services violating copyrights, property and/or rights of any person, entity or organization,
drugs, narcotics, or hallucinogens, weapons, explosive materials, illegal gambling services,
Ponzi, pyramid or any other ‘get rich quick’ schemes;
● an act of depositing money with us for any purpose other than to perform
transactions using the Website;
● an act that violates any of our internal rules;
● an act of transmitting information that includes a computer virus or other harmful
computer virus or an act that could interfere with our operation of the Website;
● an act of using another person’s name (including that of a temporary establisher)
to open or attempt to open a User Account;
● holding more than 1 (one) Account on the Website;
● breach of these Terms or any representation and/or any information provided by
you is herein is untrue or inaccurate, and/or we are unable to verify such information; or
● your Account has been suspended or terminated by us for any reason whatsoever.
Your Account can be blocked or terminated due to inability and/or denial to provide the
required identity documents and/or any other data necessary for the KYC procedure
and/or for any other reason. We may, at any time in its sole discretion, reinstate
We shall not be responsible for compensating you for any damages sustained by you as a
result of us taking the aforementioned actions.
In such cases, we will retain the right to perform reversing trades to settle any unsettled
trades in all outstanding leverage transactions without notifying you in advance.
If you have been indefinitely suspended, you agree that you shall not register or attempt to
register with the Website or use the Website in any manner whatsoever until such time
that you are reinstated. Notwithstanding the foregoing, if you breach these Terms or the
documents it incorporates by reference, we reserve the right to recover any amounts due
and owed by you to us and to take strict legal action as deemed necessary.
You shall undertake to pay all applicable taxes, which may be charged for the use of the
Website and any transaction that you may undertake. By using this Website, you accept
and agree that it is your sole responsibility to pay all taxes due for using the Website and
any products availed and services obtained thereunder, to the appropriate tax authorities
in your place of residence as required by the applicable law.
We are not responsible for any violation (or attempt to violate) made by you to avoid
fulfilling your tax obligations.
We are not responsible for determining whether taxes apply to your transactions or for
collecting, reporting, withholding, or remitting any taxes arising from any transaction.
DISCLAIMER OF WARRANTIES
WE WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY A DISTRIBUTED
DENIAL-OF-SERVICE ATTACK, VIRUSES OR OTHER TECHNOLOGICALLY HARMFUL
MATERIAL THAT MAY INFECT YOUR COMPUTER EQUIPMENT, COMPUTER PROGRAMS,
DATA OR OTHER PROPRIETARY MATERIAL DUE TO YOUR USE OF THE WEBSITE OR ANY
PRODUCTS OR SERVICES OBTAINED THROUGH THE WEBSITE OR TO YOUR
DOWNLOADING OF ANY MATERIAL POSTED ON IT, OR ON ANY WEBSITE LINKED TO IT.
YOU AGREE THAT USE OF THE WEBSITE, ITS CONTENT, AND ANY PRODUCTS OR
SERVICES OBTAINED THROUGH THE WEBSITE IS AT YOUR SOLE RISK AND EXPENSE.
THE WEBSITE, ITS CONTENT, AND ANY PRODUCTS OR SERVICES OBTAINED THROUGH
THE WEBSITE ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT ANY
WARRANTIES OF ANY KIND WHATSOEVER, EITHER EXPRESS OR IMPLIED. NEITHER DO
WE, NOR ANY PERSON ASSOCIATED WITH US, MAKES ANY WARRANTY OR
REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY,
QUALITY, ACCURACY OR AVAILABILITY OF THE WEBSITE. WITHOUT LIMITING TO THE
FOREGOING, NEITHER WE NOR ANYONE ASSOCIATED WITH US REPRESENTS OR
WARRANTS THAT THE WEBSITE, ITS CONTENT OR ANY PRODUCTS OR SERVICES
OBTAINED THROUGH THE WEBSITE WILL BE ACCURATE, RELIABLE, UNINTERRUPTED,
FREE OF ERRORS, VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT ANY
PRODUCTS OR SERVICES OBTAINED THROUGH THE WEBSITE WILL OTHERWISE MEET
YOUR NEEDS OR EXPECTATIONS.
WE DISCLAIM ALL LIABILITY AND RESPONSIBILITY ARISING FROM ANY RELIANCE
PLACED ON USER CONTENT OR MATERIALS POSTED BY YOU OR ANY OTHER USER ON
THE WEBSITE, OR BY ANYONE WHO MAY BE INFORMED OF ANY OF ITS CONTENTS.
You are responsible for implementing sufficient procedures and checkpoints to satisfy
your particular requirements for anti-virus protection and accuracy of data input and
output, and for maintaining a means external to our Website for any reconstruction of any
Any and all content on the Website is for your general information only. For the avoidance
of doubt, we do not provide and/or intend to provide any investment advice in connection
with the products or services provided by this Website.
To the maximum extent permitted under the applicable laws of your country, you agree to
defend, indemnify and hold harmless us, our affiliates, licensors and service providers, and
their respective officers, directors, employees, contractors, agents, licensors, suppliers,
successors and assigns from and against any claims, liabilities, damages, judgments,
awards, losses, costs, expenses or fees (including reasonable attorneys’ fees) made by any
third party or penalty imposed due to, in connection to or arising out of:
(a) violation of these Terms, any applicable laws, rules or regulations;
(b) violation of the rights of any third party (including infringement of intellectual
property rights); and/or
(c) your access to and/or use of the Website.
LIMITATION OF LIABILITY
IN NO EVENT SHALL WE, OUR AFFILIATES OR THEIR LICENSORS, SERVICE PROVIDERS,
EMPLOYEES, AGENTS, OFFICERS OR DIRECTORS, BE LIABLE FOR ANY INDIRECT,
CONSEQUENTIAL, SPECIAL, INCIDENTAL OR PUNITIVE DAMAGES INCLUDING, WITHOUT
LIMITATION, PERSONAL INJURY, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF
PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF GOODWILL, LOSS OF
DATA. WHETHER CAUSED BY TORT, BREACH OF CONTRACT OR OTHERWISE.
Subject to the foregoing, our aggregate liability in respect of claims arising out of or in
connection with your use of the Website, or any products or services provided thereunder,
whether in contract, tort (including negligence) or otherwise, shall in no event exceed the
greater of either (a) the total amount in your Account , excluding any commission that
may be due and payable by you in respect of such Account; or (b) total amount of the
transaction that is the subject of the claim excluding any commission that may be due and
payable by you in respect of such transaction(s).
Electronic Communication: When you visit this Website, or send e-mails to us, you are
communicating with us electronically and are consenting to receiving communications
from us electronically. We will communicate with you by e-mail or by posting notices on
this Website. In case there are any changes to any information provided by you to us,
including your e-mail address and other contact details, you will be solely responsible to
update them regularly. If we send any communication by e-mail, it shall be sent to your email address available on the records created by you on the Website and it shall be deemed to have been received by you once it is reflected as sent in the outbox of our email id.
Relationship of the Parties: Notwithstanding anything to the contrary in these Terms,
you and the Company shall act independently and not as partners, joint venturer, agent,
employee or employer of the other. You shall not have the authority to assume or create
any obligation for or on our behalf, express or implied, and you shall not attempt to bind
us to any contract.
Assignment: You shall not assign any rights and/or licenses granted to you under these
Terms. We reserve the right to assign its rights without notice and restriction, including
without limitation to any of our affiliates or subsidiaries, or to any successor in interest of
any business associated with the Website. Any attempted transfer or assignment in
violation hereof shall be null and void. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns.
Release and Waiver: To the maximum extent permitted by applicable law, you hereby
release and waive all claims against us, and its subsidiaries, affiliates, officers, agents,
licensors, co-branders, other partners, and employees from any and all liability for claims,
damages (actual and/or consequential), costs and expenses (including litigation costs and
attorneys’ fees) of every kind and nature, arising from or in any way related to your use of
our Website. If we fail to insist that you perform any of your obligations under these
Terms, or if we do not enforce our rights against you, or if we delay in doing so, that will
not mean that we have waived our rights against you and will not mean that you do not
have to comply with those obligations. If we do waive a default by you, we will only do so
in writing, and that will not mean that we will automatically waive any later default by
Invalidity of Specific Terms: If any provision of these Terms is found by a court of
competent jurisdiction to be invalid, void or unenforceable, such provision shall be
ineffective only to the extent necessary to be enforceable and consistent with the intent of
the Parties; provided that such unenforceability shall not invalidate the remaining
provisions of these Terms which shall remain in full force and effect.
Force Majeure: We shall not be responsible for any loss or deficiency in the Website
where such loss or deficiency of product or service is due to acts or circumstances which
are beyond our control, which subject to the foregoing shall include, but not be limited to,
acts of god such as fire, storm, flood, earthquake, explosion, acts of public enemy, acts of
war or terrorism, rebellion, insurrection, sabotage, epidemic, quarantine restrictions,
transportation embargoes or failure or delays in transportation, strikes and lockouts, acts
(including laws, regulations, disapproval or failure to approve) of any government
whether national, municipal or otherwise, or any agency thereof, and acts of third parties.
If you have any general queries or feedback relating to the Website, or come across any
abuse or violation of the Terms, or wish to deactivate your Account, please get in touch
with us using the Contact Us form on the website.