Axestreet general terms of service
Applied from 21 March 2025
1. PLATFORM AND GENERAL TERMS
Welcome to Axestreet Capital ("we," "our," or "us"). By accessing or using our website at a("Website"). you agree to comply with and be bound by the following terms and conditions ("Terms"). Please read these Terms carefully before using our Website. If you do not agree with these Terms, you should not use our Website.
1.1. Axestreet OÜ (“Axestreet”) is the operator of the website [https://www.axestreetcapital.com] (“Website”) by which the services provided by Axestreet (“Services”) can be accessed and purchased, as and if made available.
1.2. Axestreet’s full legal name is Axestreet OÜ, and it is a limited liability company registered in Estonia, Tallinn, Valukoja tn 8/2, 11415, with registry code 17127868. Axestreet’s e-mail address is [info@axestreetcapital.com].
1.3. These general terms of service(“General Terms”) apply to all legal relationships which arise between Axestreet and the end-user(s) who use the Platform themselves and pay for the Services (“User(s)”).
1.4. These General Terms form an agreement (“Agreement”) between Axestreet and the User (together or separately as “Party” or “Parties”). If the User does not accept the General Terms, then the User is not allowed to use the Services or Website. The Parties may also agree upon on the special terms of the Agreement which, if agreed upon by the Parties, are an inherent part of the Agreement (“Special Terms”). In case of any contradiction between the Special Terms and the General Terms, the Special Terms shall prevail, unless agreed otherwise between the Parties.
1.5. The Agreement with the User is considered as concluded once the User has successfully registered their account pursuant to chapter 2 of these General Terms. Axestreet has a right to decide with whom to enter into the Agreement and has the right to refuse it at the discretion of Axestreet for any or no reason.
2. SCOPE OF THE SERVICES
Welcome to Axestreet Capital ("we," "our," or "us"). By accessing or using our website at a("Website"). you agree to comply with and be bound by the following terms and conditions ("Terms"). Please read these Terms carefully before using our Website. If you do not agree with these Terms, you should not use our Website.
2.1. By using the Services, the User gets access to the Website via which the User can use a controlled, simulated environment for educational demo trading and training (“Platform”). The Platform technology is operated by a third-party service provider and not by Axestreet. Axestreet’s Services consist of providing the User access to the Platform, i.e., platform-as-a-service.
2.2. The Services can be accessed only from the Website. The Services do not include downloadable content, and the Services cannot be accessed offline.
2.3. Accessing the Services requires a stable and sufficient Internet connection, as well as an up to date and common Internet browser (e.g., Chrome, Safari, Firefox).
2.4. The scope and purpose of the Services is as follows:
(a) the Users can register on the Platform and use the Services to partake in simulated demo or mock-trading with the goal of educating and training their independent trading skills. The User may use the Services solely for their own, personal, educational, training Andon-commercial purpose;
(b) any information provided in the course of the Services is intended solely for general educational purposes related to trading on financial markets. Axestreet does not provide in any way specific or general investment recommendations, business recommendations, investment opportunity analysis or similar recommendations regarding the trading of investment instruments. The Platform is intended as a simulated trading and educational tool for personal use;
(c) any funds displayed on the Platform do not reflect any real life profits, trading gains or any other investment income and are to be interpreted solely as simulated funds that don't reflect the monetary claims the User may or may not have towards Axestreet or any other entity;
(d) Users do not make deposits to Axestreet and Axestreet does not handle nor trade with funds belonging to the User or any third party, neither do the Services include in any shape or form trading on Axestreet’s own account as a service to the User.
2.5. The User undertakes to:
(a) use the Website, Services and Platform only for legitimate purposes in accordance with the Agreement;
(b) never use the Website, Services and Platform for any immoral, abusive, harmful or nefarious purpose;
(c) never use the Website, Services and Platform to damage Axestreet or its reputation, or reverse engineer the Website, Platform or any other element of the Services;
(d) not to license, create derivative works from, transfer, sell or re-sell any information, content, materials, data or services obtained from the Website and Platform. Also, the User agrees not to use the Website, Platform and Services in an unintended manner, as may be determined by Axestreet in its sole discretion – which also means that they are prohibited to reverse engineer, decompile or disassemble the Website and/or Platform, or collect use, copy or transfer any information from the Website and/or Platform without the consent of Axestreet.
2.6. Any unauthorized sharing of the Services and its content to third parties is forbidden. Any publication of such content is forbidden.
2.7. The use of the Website, Services and Platform for any purpose not described or allowed herein is forbidden and Axestreet is not liable for any claims that may result in the User not adhering to the scope of the Services and the Agreement.
2.8. Axestreet reserves the right to refuse the User the use of the Services. This includes that Axestreet reserves a right to suspend and/or terminate the User’s right to use the Services at any time if the User has infringed the Agreement or the applicable law in any way, or if Axestreet investigates such infringement.
3. USE OF THE SERVICES
3.1. To access the Platform, the User must register a master account (“Master Account”). For registering the Master Account, the requested data must be inserted (name, e-mail and other data).
3.2. By registering the Master Account, the User must confirm that they have read and agree with these General Terms. By doing this the User expressly represents and warrants that they:
(a) have read, understood and accepted the General Terms;
(b) if the User is a natural person, that the User is at least 18 years old;
(c) are legally competent to accept the General Terms;
(d) have not previously been suspended or removed from using the Services;
(e) do not currently have an existing Master Account; and
(f) all the information provided by them is accurate and true.
3.3. Once the User has registered their Master Account on the Website, they can use the Services and partake in demo-trading for educational and training purposes, as and if made available on the Platform.
3.4. To partake in demo-trading, the User must first create an assessment account (“Assessment Account”) on the Website. During the creation of the Assessment Account, the User must choose the size of the Assessment Account and purchase access to the Assessment Account by paying the corresponding access fee (“Fee”). The size of the Assessment Account represents the simulated funds which can only be demo-traded with on the Platform and which do not represent actual currency or monetary claims.
3.5. The User can have multiple Assessment Accounts under a single Master Account, however it is forbidden to enable third parties to use the Master Account to create their own Assessment Accounts. The Agreement is treated as a master service agreement between Axestreet and the User, and the creation and use of each separate Assessment Account is treated as a separate purchase order under the Agreement.
Assessment Phase
3.6. By creating the Assessment Account, the User enters into the assessment phase (“Assessment Phase”)where the User partakes in demo-trading on the Platform to demonstrate their progress with the goal to eventually meet the key performance indicators (“KPIs”)shown on the Website and/or Platform.
3.7. If the User does not meet the Assessment Phase KPIs, then the User is no longer able to continue demo-trading on that Assessment Account and does not advance to subsequent phases. The Fee is not refunded to the User in this event.
3.8. If the User does meet the KPIs during the Assessment Phase, they will have successfully completed the Assessment Phase and will advance to the next phase.
3.9. The Assessment Phase lasts a certain minimum period as shown on the Website and/or Platform.
Funded Phase
3.10. For successful completion of the Assessment Phase, the User will advance to the funded phase (“Funded Phase”) and the User’s Assessment Account will be upgraded to the simulated demo-trading account (“Simulated Account”).
3.11. With the Simulated Account, the User can continue to partake in demo-trading on the Platform. In addition, Axestreet may purchase the trading data of the User and pay the user a fee for such data (“Reverse Fee”) under the following terms and conditions:
(a) by agreeing to these General Terms, the User grants Axestreet indefinite and non-revocable permission to use anywhere in the world in its business activities the demo-trading data generated by the User on the Platform, which may include, among other things, the User's behavior on the Platform, the decisions made by the User on the Platform, and the results achieved by the User on the Platform (“User Data”). User Data does not include personal data of the User but only the demo-trading data;
(b) in exchange for the right to use the User Data, Axestreet agrees to pay the User the Reverse Fee;
(c) Axestreet, at its sole discretion and based on the quality of the generated User Data, decides which User Data Axestreet wishes to use and therefore which Users shall be offered the Reverse Fee;
(d) the Reverse Fee is meant to compensate the User for the use of their data by Axestreet – i.e., the Reverse Fee is not any type of investment profit, it is not based on any real-life trading and is strictly based on the User’s performance on the Platform where only simulated capital is used. Paying the Fee does not guarantee the User any certain right to request the Reverse Fee;
(e) the Reverse Fee will be based on an agreed upon percentage of the User’s simulated profits gained on the Platform. Axestreet, at its own discretion, may offer the User with more favorable conditions for the Reverse Fee, i.e., the agreed upon percentage can be increased. The applicable percentage will be shown to the User on the Website and/or Platform;
(f) when the User becomes entitled to receive the Reverse Fee, they can request the Reverse Fee as biweekly pay-outs.
3.12. Regardless of whether Axestreet pays the Reverse Fee to any given User, Axestreet may always use any User Data generated while using the Services to develop its systems and products.
3.13. The duration of the Funded Phase is not limited by Axestreet.
4. PAYMENTS ON THE PLATFORM
4.1. As and if made available, the User can make and receive payments on the Platform. The prices applicable to the User are displayed in EUR on the Website and/or platform and include value added tax (where required). The User will be charged and/or transferred the price which is displayed on the Website and/or platform at the moment the User places the order – except in case a wrong price was displayed due to a technical error or in case the User should have become aware that this is an error (e.g., the displayed price is obviously false and/or unreasonable).
4.2. To make and receive payments, the User must enter on the platform their payment details and other required information.
(a) For making payments, the User must click on the respective icon marked as “Pay” or similar. After that, the price of the respective order shall be deducted from the payment card or account of the User, and the User is granted access to the respective content(e.g., Assessment Account).
(b) For receiving payments, the User must click on the respective icon marked as “Receive Reverse Fee” or similar. After that, the price of the respective Reverse Fee shall be transferred to the payment card or account of the User.
4.3. All User payments are final and cannot be reversed. The User provides its express consent and acknowledges by accepting these General Terms and making each and every payment that the User wishes to receive immediate access to the Services and therefore the withdrawal period (as stipulated in the applicable law) cannot and will not apply to the purchases. Where the User is a consumer within the meaning of the applicable law, the User consents and acknowledges that they are aware of the loss of their right of withdrawal under the applicable law.
4.4. For the avoidance of doubt, in addition to the limitation outlined in clause 4.3, if the User fails to meet any KPIs pursuant to chapter 3 of the General Terms, the User shall not be refunded the Fee paid for the respective Assessment Account or any other payments by the User for this purpose.
4.5. Axestreet uses a third-party payment service provider and does not directly pay the User. The User will have a separate contractual relationship with this third party for transferring the Fee to Axestreet and for withdrawing and receiving the Reverse Fee. Axestreet acts as an intermediary of information in this case.
5. INTELLECTUAL PROPERTY
5.1. The intellectual property rights to the Services, the Platform and any content therein shall vest in and remain the sole and exclusive property of Axestreet and its licensors, unless expressly stated otherwise in the Agreement.
5.1. The intellectual property rights to the Services, the Platform and any content therein shall vest in and remain the sole and exclusive property of Axestreet and its licensors, unless expressly stated otherwise in the Agreement.
5.2. Provided the User complies with all terms of the Agreement, Axestreet grants to the User a revocable, non-exclusive, non-transferable, non-sublicensable, worldwide license as per the term of the Agreement to use the Platform for receiving the Services, in accordance with the Platform technology providers license, where relevant.
5.3. The User agrees to promptly notify Axestreet if the User becomes aware of any unauthorized use, infringement, or misappropriation of Axestreet’s intellectual property by any third party. Such notification shall include all relevant details and evidence known to the User at the time of reporting.
5.4. The User may give to Axestreet information, suggestions and feedback regarding the Services and Platform (“Feedback”). Giving the Feedback is entirely voluntary, and Axestreet will be free to use it as Axestreet sees fit without any obligation towards the User. If the User provides such feedback, then the User transfers any intellectual property rights that may arise from the Feedback to Axestreet without any restrictions of use. If any such rights could not be transferred, the User grants to Axestreet an exclusive, worldwide, transferable license for the use of the Feedback with the right to grant sublicenses and without any restrictions of use to the maximum extent and period permitted by law without receiving any separate remuneration.
5.2. Provided the User complies with all terms of the Agreement, Axestreet grants to the User a revocable, non-exclusive, non-transferable, non-sublicensable, worldwide license as per the term of the Agreement to use the Platform for receiving the Services, in accordance with the Platform technology providers license, where relevant.
5.3. The User agrees to promptly notify Axestreet if the User becomes aware of any unauthorized use, infringement, or misappropriation of Axestreet’s intellectual property by any third party. Such notification shall include all relevant details and evidence known to the User at the time of reporting.
5.4. The User may give to Axestreet information, suggestions and feedback regarding the Services and Platform (“Feedback”). Giving the Feedback is entirely voluntary, and Axestreet will be free to use it as Axestreet sees fit without any obligation towards the User. If the User provides such feedback, then the User transfers any intellectual property rights that may arise from the Feedback to Axestreet without any restrictions of use. If any such rights could not be transferred, the User grants to Axestreet an exclusive, worldwide, transferable license for the use of the Feedback with the right to grant sublicenses and without any restrictions of use to the maximum extent and period permitted by law without receiving any separate remuneration.
6. USER’S LEGAL RIGHTS
6.1. The intellectual property rights to the Services, the Platform and any content therein shall vest in and remain the sole and exclusive property of Axestreet a1.1. In case of an issue with the Platform or the Services, including where the User believes that the Services are not compliant with the Agreement or the User has a legal complaint against Axestreet, then the User should contact Axestreet immediately and send a notice via e-mail[info@axestreetcapital.com]. Such notification should include the User’s name, contact information, as well as a description of the issue, and the complaint. Axestreet shall process any notice within a reasonable time. And its licensors, unless expressly stated otherwise in the Agreement.
6.2. Where the User has any questions, the User can contact Axestreet and send a notice via e-mail [business@axestreetcapital.com]. Axestreet shall process any notice within a reasonable time.
6.3. Subject to the applicable law and the Agreement (including the limitation of liability as provided in chapter7 of these General Terms and otherwise with the Agreement), if the Platform and/or Services are not compliant with the Agreement, the User has the right to use legal remedies provided by the applicable law: (d) withdraw from or cancel the respective contract; (e) reduce the price; (f) in the case of a delay in the performance of a monetary obligation, demand payment of a penalty for late payment.
(a) require performance of the obligation;
(b) withhold performance of an obligation which is due from the User;
(c) demand compensation for damage;
(d) withdraw from or cancel the respective contract;
(e) reduce the price;
(f) in the case of a delay in the performance of a monetary obligation, demand payment of a penalty for late payment.
7. LIABILITY
7.1. The restrictions on liability in this chapter 7 of the General Terms apply to every liability arising under or in connection with the Agreement, including but not limited to liability in contract, tort (including negligence), misrepresentation, restitution or otherwise.
7.2. Nothing in the Agreement shall limit or exclude any Party’s liability for:
(a) damages caused by willful misconduct or gross negligence;
(b) fraud or fraudulent misrepresentation; or
(c) any other liability which cannot be limited or excluded by applicable law.
(d) withdraw from or cancel the respective contract;
(e) reduce the price;
(f) in the case of a delay in the performance of a monetary obligation, demand payment of a penalty for late payment.
7.3. Subject to clause 7.2 of the General Terms (liabilities which cannot be limited):
(a) the Platform and Services are provided on “as is” and “as available” basis without warranty of any kind, which includes that Axestreet does not warrant that the use of the Platform and/or Services shall be uninterrupted or error free nor is any warranty given as to up-time of the Platform and/or Services and the results that may be obtained from the use of the Platform and/or Services;
(b) Axestreet shall have no liability to the User or any third party for any special, indirect, punitive, exemplary, incidental or consequential loss or damages arising under or in connection with the Agreement, Platform and/or Services, including, without limitation, damages resulting from delay of delivery or from loss of profits, data, business or goodwill, however caused and on whatever theory, whether based on breach of contract or warranty, tort (including negligence), the failure or asserted failure of Axestreet to perform its obligations hereunder, or otherwise, and whether Axestreet having alleged to cause such damages was advised or aware of the possibility of such damages;
(c) Axestreet is not responsible for the usability and compatibility of the equipment or software used with the Platform and/or Services by the User unless Axestreet has otherwise expressly stated so; and
(d) in any case, even if Axestreet should be liable, Axestreet’s aggregate liability for all claims of any kind is limited to the total amount of the Fee paid by the User to Axestreet during the12 months preceding the circumstances that gave rise to the claim.
8. TERM OF AGREEMENT AND CANCELLATION
8.1. The Agreement is entered into for an unspecified term, unless Special Terms are agreed upon that provide a different term.
8.2. The User can cancel the Agreement any time by deleting their Master Account (if the User has the respective account) or by notifying Axestreet, unless Special Terms are agreed upon which provide differently. The notification should be done on the following template:
Recipiente: [Axestreet OÜ] ([Estonia, Tallinn, Valukoja tn 8/2, 11415]; e-mail [info@axestreetcapital.com])
I hereby announce that I am terminating the concluded contract regarding the provision of the services related to the website [https://www.axestreetcapital.com]
Name of the User: [to be fulfilled by the User]
Address of the User: [to be fulfilled by the User]
Signature of the User (only if the termination notice is submitted on paper)
Date: [to be fulfilled by the User]
8.3. Axestreet may cancel the Agreement without any reason with a 30-day (thirty day) prior notice to the contact details provided by the User to Axestreet on the Platformer any other contact details which the Parties have previously used for communication in relation to the Agreement.
8.4. Without affecting any other right or remedy available to it, Axestreet may terminate the Agreement with immediate effect by giving a notice to the User (to the contact t details described in clause 8.4) if: (i) the User commits material breach of the Agreement; or (ii) the User commits any breach of the Agreement and the User fails to remedy that breach within a period of 14 (fourteen) calendar days after being notified to do so.
8.5. A material breach of the Agreement by the User includes, but is not limited to, any infringement of obligation related to the following:
(a) payment of any fee to Axestreet;
(b) limitations regarding the scope of the Services as outlined in chapter 2 of the General Terms;
(c) obligation concerning intellectual property as outlined in chapter 4 of these General Terms;
(d) obligation related to the indemnification as outlined in clause 10.5 of these General Terms or
(e) any other infringement per applicable law if Axestreet cannot reasonably be expected to continue performing the Agreement taking into account all the circumstances and the mutual interests of the parties.
9. GOVERNING LAW AND DISPUTES
9.1. The Agreement and the legal relations deriving from it between the Parties are governed by the laws of the Republic of Estonia, without reference to its conflict of law rules.
9.2. If any disputes arise out of or relating to the Agreement, the Parties shall attempt to resolve them through negotiations. If the matter is not resolved by negotiations, the Harju County Court located in Estonia shall have the exclusive jurisdiction as a court of first instance of all disputes arising out of or relating to the Agreement. Additionally, if the User is a consumer, the User also has the right to turn to the Committee for Consumer Complaints formed at the Consumer Protection Board(Endla 10A, 10142 Tallinn, Estonia; https://komisjon.ee/et)to reach an out-of-court settlement. This committee solves contractual disputes between consumers and businesses which the parties were not able to resolve by negotiations. Moreover, the User may turn to European Commission’s Online Dispute Resolution platform (https://ec.europa.eu/).
10. MISCELLANEOUS
10.1. Amendments. Axestreet has the right to amend these General Terms unilaterally at Axestreet’s sole discretion. In case of any amendments, the User shall be notified of such amendments via e-mail or by uploading the amended General Terms to the Platform. This shall be done at least 30 (thirty) days before any amendments enter into force. If the User does not agree with the amendments, the User has the right to cancel the Agreement within these 30 (thirty) days by notifying Axestreet. Once the 30 (thirty) days have passed and the User has not cancelled the Agreement, the User is deemed to have agreed to the amended General Terms.
10.2. Suspension. Axestreet has the right to suspend access to the Platform, Content and/or the Services in case of maintenance work, data security risk or for any material risk as identified by Axestreet.
10.3. Updates. Axestreet may update the Platform at Axestreet’s sole discretion, including but not limited to when Axestreet wants to improve performance, enhance functionality or address security issues. Axestreet has the right to suspend the provision of the Services when the Platform is updated, but also for maintenance work or due to any data security risk.
10.4. Privacy. Axestreet processes personal data as described in Axestreet’privacy policy, which is available here [Privacy Policy].
10.5. Indemnification. The User agrees to indemnify Axestreet, its management board, consultants and employees and its partners against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred directly or not directly arising from the User’s use of the Services and/or Platform, or the User’s violation of the Agreement or the applicable law.
10.6. Assignment and transfer of rights. Axestreet has a right to assign and/or transfer its rights and obligations under the Agreement, in whole or in part, to any third party without the express consent of the User on condition that such assignment or transfer shall not affect the User's obligations under the Agreement. Axestreet shall notify the User of any such assignment and/or transfer within a reasonable time thereafter.
10.7. Representations and warranties. Each Party represents and warrants that(i) it has the full right, power, and authority to enter into, and to perform its obligations under the Agreement; and (ii) the person entering into the Agreement on behalf of the Party is authorized to bind such Party.
10.8. Severance. If any provision or part-provision of the Agreement is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If that modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause shall not affect the validity and enforceability of the rest of the Agreement.
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