Terms & Conditions

Terms & Conditions – Nuvesto Markets Ltd.
 
Effective Date: 11 November 2025
Registered Office: Level 6, Ken Lee Building, 20 Edith Cavell Street, Port Louis 11302, Mauritius
Licence Number: GB25204355 (Global Business Licence / Investment Dealer Licence issued by FSC Mauritius)
 

1. Introduction

These Terms and Conditions (“Terms”) govern your access to and use of the website Nuvesto.com (“Website”) and the investment, brokerage and trading services provided by Nuvesto Markets Ltd. (“Nuvesto Markets”, “we”, “our”, or “the Company”), a company incorporated and regulated in Mauritius.
By accessing the Website or using any of our Services you accept these Terms, our Privacy Policy, any client agreement, and you warrant that you are legally eligible and have authority to use the Services.
 

2. Definitions

  • Company – refers to Nuvesto Markets Ltd., regulated by the FSC in Mauritius.
  • Client / You / Your – denotes any natural person or legal entity accessing or using the Website or Services.
  • Services – means brokerage, investment dealing, trading, execution of orders in Forex, Contracts for Difference (CFDs) or other financial instruments offered by the Company.
  • Website – means Nuvesto.com and all affiliated sub-domains and digital platforms under the Company’s control.

 

3. Regulatory Information

Nuvesto Markets Ltd. is duly authorised and regulated by the Fiji-based FSC Mauritius under licence number GB25204355, issued in accordance with the Securities Act 2005 and the Financial Services Act 2007.
The Company is subject to ongoing supervision by FSC Mauritius including compliance with its Rules, Guidelines and Codes of Conduct.  
The Company maintains adequate risk, compliance, governance and client-fund protection arrangements in line with FSC expectations (including AML/CFT, best execution, conflicts of interest, client money segregation).
 

4. Client Eligibility & Restricted Jurisdictions

By accepting these Terms you confirm that you are not prohibited from using the Services under your local law or under these Terms.
Prohibited jurisdictions: The Company does not accept clients who are residents or citizens of (or operating from) the following jurisdictions:
  • The United States of America (USA)
  • The United Arab Emirates (UAE)
  • The Russian Federation (Russia)
  • Any jurisdiction listed by the United Nations Security Council under comprehensive sanctions
  • Any jurisdiction designated by the Financial Action Task Force (FATF) as a “High-risk & Non-Cooperative” jurisdiction
  • Any jurisdiction where Forex, CFD or leveraged trading is banned or severely restricted
If your residency, location or funding source changes to one of these jurisdictions, you must immediately notify us and we reserve the right to suspend or terminate your account and close any open positions.
 

5. Know Your Customer (KYC), Anti-Money Laundering (AML) & Counter Financing of Terrorism (CFT)

The Company complies with the Financial Intelligence and Anti-Money Laundering Act 2002 (FIAMLA), the Financial Intelligence and Anti-Money Laundering Regulations 2018, and related FSC guidelines.

You must:

  • Provide accurate and complete personal or corporate identification, address proof, beneficial ownership information, source of funds and any other information required by us.
  • Undergo verification checks (including screening against sanctions lists, politically exposed persons (PEP) lists, and ongoing transaction monitoring).
  • Notify us of any changes to your personal information or funding source.
 
Failure to satisfy KYC/AML requirements may result in account suspension, freezing of positions, termination of services, or reporting to relevant authorities.
 

6. Account Opening, Funding & Trading Conditions

  • Your account is subject to acceptance by the Company and completion of all required documentation and verification.
  • You must fund your account only by permitted payment methods as disclosed on our Website. You warrant that funds are not derived from unlawful or illicit activities.
  • You must maintain the required margin levels as set out in the Company’s trading rules and policies. The Company may liquidate or close any positions and suspend further trading if margin levels are breached.
  • Full details of spreads, leverage (if any), trading model, execution policy, order types, fees, charges and other terms are available on the Website and in your account documentation.
  • You agree to abide by the Company’s risk management, trade execution and margin rules.
  • The Company reserves the right to amend, vary or cancel trading conditions, apply negative balance protection (if offered), or restrict trading instruments if required for risk or regulatory reasons.
 

7. Risk Disclosure

Trading in leveraged products, Forex and CFDs involves significant risk. You should understand that:
  • You may lose all or more than all of your invested capital.
  • Past performance is not indicative of future results.
  • Complex products may carry additional risks such as gap risk, illiquidity, counter-party risk and regulatory risk.
  • You acknowledge that you have considered your financial situation, objectives, experience and risk tolerance and that you fully accept the risks arising from using the Services.
 

8. Best Execution, Order Handling & Conflicts of Interest

  • We will endeavour to provide best execution of your orders in accordance with our Best Execution Policy (available on our Website).
  • Where we act on an execution-only basis you are responsible for your trading decisions.
  • The Company has procedures in place to identify and manage conflicts of interest, including segregation of functions, independent oversight and disclosures.
  • We may act as principal or agent in trades, as disclosed in our policies.
  • You acknowledge that, despite all reasonable steps, the Company cannot guarantee that every execution will be at the optimal price.
 

9. Client Money, Segregation & Custody

Client funds shall be held in segregated accounts, separate from the Company’s own funds, in accordance with applicable regulations and the Company’s segregation policy. The Company will not use client funds for its own operations.
In the event of the Company’s insolvency or suspension of business, client funds will have priority over the Company’s creditors in line with FSC requirements.
 

10. Data Protection and Privacy

We collect, hold and process personal data in accordance with the Data Protection Act 2017 (Mauritius) and other applicable privacy laws. Details of how we process your data, retain it, protect it, share it and your rights are contained in our Privacy Policy available on the Website.
 

11. Intellectual Property

All content on the Website (including text, graphics, logos, software, designs, icons, data compilations) is the Company’s property or used under licence. You must not reproduce, distribute, modify or publicly display any content without the Company’s prior written consent.
 

12. Third-Party Links

The Website may include links to third-party websites or resources. The Company is not responsible for the content, accuracy, practices or policies of such third-party sites and does not guarantee any results or outcomes from their use.
 

13. Complaints & Dispute Resolution

If you have any complaint you should raise it promptly via our complaints handling procedure (details available on the Website). If your complaint is not satisfactorily resolved, you may refer it to FSC Mauritius, subject to their remit.
All complaints will be handled in accordance with our internal policy which is designed to be fair, transparent and timely.
 

14. Limitation of Liability

To the fullest extent permitted by law:
  • The Company, its directors, officers, employees and agents shall not be liable for any indirect, incidental, consequential, special or punitive damages, loss of profits, business interruption, loss of data or loss of opportunity, arising out of or in connection with your use of the Services or Website.
  • The Company’s total aggregate liability to you in relation to your use of the Services or Website shall be limited to the amount you have paid the Company in the preceding 12 months (or such lesser amount as is permitted under Mauritian law).

 

15. Amendments to Terms

The Company may modify, update or replace these Terms at any time (for regulatory, business, technical or legal reasons). The latest version will be published on the Website and you will be notified where required. Your continued use of the Services after the effective date of such changes constitutes acceptance of those changes.
 

16. Severability

If any provision of these Terms is held invalid or unenforceable under applicable law, that provision shall be deemed deleted and the remainder of the Terms shall continue in full force and effect.
 

17. Waiver

Failure by the Company to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision unless acknowledged in writing by the Company.
 

18. Governing Law & Jurisdiction

These Terms are governed by and construed in accordance with the laws of Mauritius. All disputes arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of Mauritius.
 

19. Entire Agreement

These Terms, together with any other document expressly referred to herein (including your client agreement, Schedule of Fees, Risk Disclosure Statement, Privacy Policy, Best Execution Policy, Complaints Policy and other relevant notices) constitute the entire agreement between you and the Company in relation to your use of the Services.
 

20. Contact Information

Nuvesto Markets Ltd.
Level 6, Ken Lee Building
20 Edith Cavell Street
Port Louis 11302
Mauritius