TERMS

Product and trading terms.

Market access and execution require provider eligibility, explicit authorization and accepted risk limits. This page states what the running release does, who charges the costs and what a strategy authorization covers.

SCOPE

WHAT THIS RELEASE IS.

Four boundaries that decide what is possible before any trading term applies.

CUSTODY

Funds stay with the venue.

There is no deposit or withdrawal flow, no pooled capital and no wallet. Trading, once it is enabled for an account, happens inside an exchange or broker account that the owner already controls.

QuantX never holds customer funds.
RELEASE SCOPE

Public market data, read-only.

This deployment serves read-only crypto market data and publishes the rules it operates under. Registration exists, but email delivery and private venue connections are not enabled in this release.

Private accounts: not available.
EXECUTION

Deny-by-default, gated by evidence.

Order submission requires the operator approval flag, product eligibility, a reconciled account, your recorded authorization and the acceptance gates. The global switch alone cannot bypass any of them.

The live gate state is read from the server.
TERRITORY

Eligibility belongs to the account.

Availability, instruments, margin and trading hours come from the venue and your account agreement. Venue and territorial restrictions are respected rather than routed around.

No substitution of another instrument.

AUTHORIZATION

WHAT AN AUTHORIZATION COVERS.

Authorization is a recorded scope with limits, not a switch that turns a strategy loose.

  1. 01

    Named products and order types

    An authorization names the products and order types it covers. It is not a general permission to trade whatever the account happens to allow.

    Effect: consent is never inherited or implied.
  2. 02

    A maximum allocation you set

    You record a maximum allocation. The server refuses an intent that would exceed the configured notional, total exposure or daily loss limit for that account.

    Effect: a limit breach stops the order, it does not resize it.
  3. 03

    A step-up check when enrolled

    When the account has enrolled a second factor, authorizing a strategy, enabling it, releasing an emergency halt and raising a risk limit all require a current code.

    Effect: a password-only account keeps password step-up.
  4. 04

    A pause is not a liquidation

    Pausing blocks new decisions. Cancelling open orders and closing a position are separate actions with their own confirmations, and no closing order is implied by a pause or a stop.

    Effect: existing venue positions keep their own risk.
  5. 05

    Reducing risk is your action

    You can stop new risk at any time. Reducing an existing position requires a closing order that you authorize, and even a quickly cancelled order can fill.

    Effect: no hidden liquidation and no guaranteed exit price.

COSTS

WHO CHARGES WHAT.

Trading has costs. They are charged by your venue, and the product does not estimate them away.

Venue fees

Commission and exchange fees are charged by the venue on the fill. QuantX records the fee the venue reports, in the currency the venue reported; a missing fee stays missing rather than being estimated.

Spread

The difference between the price you see and the price you get is set by the venue order book or quote, not by QuantX.

Financing and funding

A leveraged or held position can accrue financing, swap or funding charges from the venue. Gold margin, swap rates and session hours belong to the broker product.

Slippage and gaps

An order can fill away from its intended price, and a market can gap through a level. A protection order does not guarantee an exit price.

Conversion

When your account currency differs from the instrument quote currency, the venue performs the conversion and its rate applies to the result.

No published fee estimate

This release publishes no fee schedule and no all-in cost estimate. Any figure the product shows comes from provider data and carries its source time.

MARKET DATA

DATA TERMS THAT FOLLOW THE PRODUCT.

Four rules enforced by the data layer and visible on every page that shows a value.

Every value carries provenance

Provider, venue, unit, source time, receive time and freshness state travel with the value, including on the public pages.

Unavailable is a state

A missing or stale value is reported as unavailable or not configured. A last-known value is never relabelled as current and a timestamp is never refreshed to look fresh.

Gold is licence gated

The indicative XAU/USD display stays hidden until an entitled feed and written external-display permission are recorded. Another instrument is never shown under the same label.

No redistribution

The data describes markets tracked by the provider. It is not a QuantX price, index or turnover figure and it is not licensed to be extracted for redistribution.

SCOPEThis page describes the behaviour of the running release. When a described capability is not enabled, the page says so rather than describing an intention.

NO PROMISENo return, yield, profit or principal protection is promised anywhere in this product, and nothing here is investment advice or a recommendation.

REVIEWThis text documents the implemented product. It is not territory-specific legal advice, and no regulatory status, certification or audit is claimed.