Effective Date: January 2024
Welcome to thesherkhan.com (“we,” “our,” or “us”). By accessing or using our trading platform and services, you agree to comply with and be bound by these Terms and Conditions. These terms outline the rules, policies, and guidelines for using our platform, participating in trading activities, and interacting with our services. Please read these terms carefully and thoroughly before proceeding. If you do not agree with any part of these Terms and Conditions, you must immediately cease using our website, platform, and related services.
1. Definitions
1.1 User: Any individual, company, or legal entity accessing or using the services provided on our platform.
1.2 Platform: Refers to the services, tools, technology, and features offered by thesherkhan.com, including but not limited to trading tools, educational resources, and customer support.
1.3 Trade: A transaction involving the purchase (“Buy”) or sale (“Sell”) of financial instruments facilitated through our platform.
1.4 Stop Loss (SL): A predefined price level set by the user at which a trade is automatically closed to limit potential losses and manage risk.
1.5 Invalid Trade: Any trade that violates the rules, policies, or specific conditions outlined within this agreement, including but not limited to trades that fail to meet the minimum time gap requirements or involve restricted trading practices.
2. Trading Rules and Guidelines
2.1 Minimum Time Gap Between Trades
To promote fair trading practices and discourage unfair or manipulative activities, all trades executed on our platform must have a minimum time gap of 180 seconds (3 minutes) between the “Buy” and “Sell” actions. This policy applies to every trade conducted on the platform.
- Any trades executed with a time gap of less than 180 seconds will be deemed invalid. Such trades will be flagged by the system and automatically deleted to maintain the integrity of trading operations.
Examples for Clarity:
● Invalid Trade:
○ Buy at 11:29:01 AM and Sell at 11:31:59 AM with profits. (Timegap = 178 seconds.)
● Valid Trade:
○ Buy at 11:29:59 AM and Sell at 11:33:01 AM. (Time gap = 182 seconds.)
2.2 Seconds vs. Minutes Validation
Our platform’s system validates trade durations based on minutes rather than seconds. Users are encouraged to ensure that trades meet or exceed the 3-minute minimum rule when calculated in complete minutes to avoid invalidation.
2.3 Stop Loss (SL) Flexibility
The platform allows users to place a Stop Loss (SL) at their cost price or below at any time during the trade. This feature is designed to provide traders with enhanced flexibility and control over their risk management strategies.
However, the placement and execution of SL must comply with the trading guidelines outlined here in.
2.4 Validation Process Before Payouts
Prior to the processing of any payouts, the platform will perform a rigorous validation process to ensure the following:
- All trades included in the payout request comply with the 180-second rule and other trading policies.
- Invalid or prohibited trade types (as outlined below) are excluded from the payout calculation.
Payouts will only be approved and processed for valid trades that have successfully passed the validation checks. Users will be notified in cases where trades are invalidated and excluded from payout consideration.
2.5 Invalid and Restricted Trade Types
The following trade types are strictly prohibited and will be automatically deemed invalid by the platform:
- Line Trades (Chamka Trades): Trades executed within an extremely short duration that aim to exploit minimal price changes for quick gains.
- Scalping Trades: Trades designed to profit from small price fluctuations executed within seconds or very short time frames.
3. Risk Acknowledgment
3.1 Financial Risk Disclosure
Trading in financial markets involves inherent risks, including but not limited to the possibility of losing part or all of your invested capital. Users should understand and accept these risks before engaging in any trading activities. We encourage users to trade responsibly and only invest funds they can afford to lose.
3.2 No Guarantee of Profits
- thesherkhan.com does not guarantee profits, fixed returns, or specific outcomes for any trades executed on the platform.
- Trading decisions made by users are entirely at their own discretion and risk. Users should use their judgment, experience, and knowledge when engaging in trading activities.
4. User Responsibilities
4.1 Compliance with Rules
All users are required to comply with these Terms and Conditions as well as any additional rules or guidelines issued by thesherkhan.com. Users must:
- Regularly monitor their trades to ensure adherence to the platform’s requirements.
- Familiarize themselves with updates or changes to the trading rules and practice.
4.2 Prohibited Activities
Users are strictly prohibited from engaging in the following activities:
- Fraudulent or Deceptive Practices: Attempting to manipulate the platform’s rules or engaging in fraudulent trading behaviors.
- Bypassing Rules: Any attempt to circumvent the 180-second rule or other platform restrictions.
- Account Misuse: Sharing account credentials, allowing unauthorized access, or misusing platform features in any way.
5. Platform Rights and Actions
5.1 Automatic Trade Validation
The platform reserves the right to monitor, validate, and invalidate trades that do not comply with the outlined trading rules. Invalid trades, including those failing the 180-second minimum time gap requirement, will be automatically flagged and deleted by the system.
5.2 Payout Adjustments
Payouts will only include trades that pass the platform’s validation process. Invalid or restricted trades will not be considered for payout calculations, and users will be notified accordingly.
5.3 Account Suspension or Termination
thesherkhan.com reserves the right to suspend or permanently terminate user accounts in cases of:
- Non-compliance with these Terms and Conditions.
- Engaging in fraudulent, manipulative, or prohibited activities.
- Any actions deemed harmful to the integrity of the platform.
6. Indemnity and Liability
6.1 User Indemnification
By using the platform, users agree to indemnify and hold harmless thesherkhan.com, its affiliates, employees, and representatives from any claims, losses, or damages arising from:
- Violations of these Terms and Conditions.
- Misuse of the platform or non-compliance with trading rules.
- Losses incurred during trading activities.
6.2 Limitation of Liability
thesherkhan.com will not be held liable for:
- Losses incurred as a result of trades executed on the platform.
- Technical errors, delays, or interruptions that may impact trading
performance. - Invalidated trades arising from violations of platform rules or user error.
7. Amendments to Terms and Conditions
We reserve the right to modify, update, or amend these Terms and Conditions at any time without prior notice. Users will be notified of significant changes via email or platform announcements. Continued use of the platform following updates constitutes acceptance of the revised terms.
8. Governing Law and Jurisdiction
These Terms and Conditions are governed by the laws of [Insert Jurisdiction]. Any disputes arising in connection with these terms shall be subject to the exclusive jurisdiction of the courts in [Insert Jurisdiction].
9. Contact Information
For questions, concerns, or assistance, please contact us via the following channels:
- Website: thesherkhan.com
- Email: official.tmg1886@gmail.com
10. Entire Agreement
These Terms and Conditions, along with our Privacy Policy, constitute the entire agreement between users and thesherkhan.com regarding the use of our platform and services. Any prior agreements, whether oral or written, are hereby superseded