# Terms of Use

**1. Introduction**

Welcome to the forward contract trading platform (Forward-X) provided by **ONFA**. Before using, you must read, understand, and accept all the provisions below. Using the ForwardX feature constitutes your agreement to these terms.

**2. Definitions**

* ForwardX**:** is **bilateral contract (OTC - Over The Counter)** between two parties, not through any centralized exchange.
* **Testing:** Trial trading; orders will be automatically closed after 1 hour.
* **Isolated Margin:** Uses only a specific portion of margin, helping to limit risk.
* **Liquidation Price:** The price level that causes the order to be closed and liquidated.

**3. Conditions of use**

* Users aged 18 or older with full civil legal capacity.
* Compliance with the laws of the place of residence.
* Completion of identity verification (KYC).
* Understanding that the entire margin may be lost.

**4. Disclaimer**

**4.1. No profit guarantee**

* **ONFA** does not guarantee any profits.
* Investment decisions are the responsibility of the user.

**4.2. No liability for losses**

* Not liable for losses resulting from trading.
* Losses may include loss of assets, opportunities, data, etc.

**4.3. Technical risks**

* Affected by network, system, or data incidents.
* Users are responsible for ensuring their devices and connections.

**4.4. Legal risks**

* ForwardX may be restricted in certain countries.
* **ONFA** not responsible if users violate local laws.

**5. Risk warnings**

**5.1. Leverage**

* Amplifies both profits and losses.
* Small volatility can lead to liquidation.

**5.2. Liquidation**

* Price moving against the position → liquidation.
* May lose the entire capital, including in Isolated Margin mode.

**5.3. Market volatility**

* Markets can be highly volatile and susceptible to news/policy.
* Volatility can occur 24/7.

**5.4. User knowledge**

* Must understand the ForwardX product, risks, and technical analysis.
* Lack of knowledge can easily lead to severe losses.

**5.5. Third parties**

* Prices and liquidity may depend on third-party data.
* **ONFA** does not have full control over accuracy.

**6. Risk management**

* Only use capital you can afford to lose.
* Use stop-loss and take-profit.
* Do not use the entire balance as margin.
* Monitor positions regularly.
* Prefer low leverage when starting.

**7. Account security and safety**

* Secure your account; do not share it with third parties.
* Notify immediately if there are signs of unauthorized login.
* Supports two-factor authentication (2FA).

**8. Changes to terms**

**ONFA** reserves the right to update or change the provisions without prior notice. Users should actively monitor.

**9. Suspension / limitation of service**

* Violation of the terms of use.
* Fraudulent behavior, money laundering.
* Requests from law enforcement authorities.

**10. Contact and support**

* Email: <support@onfa.io>
* Telegram: [@onfasupport](https://t.me/onfasupport)


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