Legal Page

Last Updated

February 14th, 2023

GTX Markets Legal Disclaimers

GTX Markets is a Commodities Trade Facilitation Platform

GTX Markets operates as a trade facilitation platform connecting verified gold producers with institutional buyers. We do not trade precious metals, take title to any gold, or act as a counterparty to any transactions. All purchases and sales are conducted directly between independent third parties. GTX Markets provides verification services, market intelligence, and logistics coordination but does not guarantee the completion, terms, or outcomes of any transactions.

Role and Relationship

Facilitation Services Only

GTX Markets provides trade facilitation services including producer verification, buyer-seller introductions, market intelligence, and logistics coordination. We do not buy, sell, or take title to precious metals, nor do we act as broker, dealer, or trading counterparty. We do not guarantee transaction completion or terms, provide investment advice or recommendations, or hold custody of precious metals or client funds.

Independent Third-Party Transactions

All transactions facilitated through our platform are conducted between independent parties. GTX Markets is not a party to any purchase, sale, or delivery agreement. Each transaction is subject to independent negotiation, documentation, and execution between buyer and seller. Users enter into direct contractual relationships with their counterparties without GTX Markets as an intermediary to the actual transaction terms.

Verification and Information

Producer Verification Services

Our producer verification process is conducted for informational purposes only. While we employ rigorous standards, verification does not constitute a guarantee of producer performance or reliability, warranty of product quality, purity, or authenticity, assurance of legal compliance or regulatory adherence, or insurance against transaction failure or dispute. Users must conduct their own due diligence and verification before entering any transaction. Our verification represents our assessment at a point in time and may not reflect current conditions or future performance.

Market Information and Intelligence

All market information, pricing data, and intelligence provided through our platform is for informational purposes only and should not be considered investment advice or recommendations, guarantees of current or future pricing, complete or error-free market data, or substitutes for independent market analysis. Market conditions change rapidly, and users should verify all information independently before making business decisions. Historical performance data does not predict future results or guarantee similar outcomes.

Technology Platform

Platform Availability and Performance

GTX Markets provides our platform on an "as is" and "as available" basis. We do not warrant continuous, uninterrupted platform availability, error-free operation or data transmission, compatibility with all systems or devices, or security of data transmission over the internet. Technical interruptions, maintenance periods, and system updates may temporarily affect platform availability. Users should maintain alternative communication methods for time-sensitive matters.

User Responsibilities

Platform users are responsible for verifying all transaction details independently, maintaining confidentiality of account credentials, ensuring compliance with applicable laws and regulations, and backing up important transaction documentation. Users must implement appropriate cybersecurity measures and should not rely solely on our platform for critical business communications or documentation storage.

Limitation of Liability

No Liability for Third-Party Actions

GTX Markets shall not be liable for failure of any third party to complete transactions, quality, authenticity, or legal compliance of precious metals, actions or omissions of producers, buyers, or logistics providers, or losses arising from third-party fraud or misrepresentation. We facilitate introductions and provide information but cannot control the actions, representations, or performance of independent parties who use our platform.

Platform Liability Limitations

To the maximum extent permitted by law, GTX Markets' liability for platform-related issues is limited to the fees paid for our services in the preceding 12 months. We shall not be liable for indirect, consequential, or punitive damages, loss of profits, data, or business opportunities, damages exceeding amounts paid to GTX Markets, or force majeure events beyond our reasonable control. These limitations apply regardless of the legal theory under which liability is claimed.

Regulatory and Compliance

No Investment Advice

GTX Markets does not provide investment advice. All content is for informational purposes only. Users should consult qualified financial advisors before making investment decisions. Our market intelligence, pricing information, and producer assessments are provided to facilitate informed decision-making but do not constitute recommendations to buy, sell, or hold precious metals investments.

User Compliance Responsibility

Users are responsible for ensuring their activities comply with applicable laws and regulations in their jurisdiction, import/export requirements and customs regulations, tax obligations and reporting requirements, and anti-money laundering and know-your-customer requirements. Regulatory requirements vary significantly by jurisdiction and change frequently. Users should obtain qualified legal and tax advice regarding their specific situations and obligations.

International Operations

Our services may be subject to various international, national, and local laws. Users accessing our platform from jurisdictions where our services may be restricted do so at their own risk and are responsible for compliance with local laws. We do not represent that our services are appropriate or available for use in all jurisdictions, and accessing our platform from territories where such access may be illegal is prohibited.

Data and Privacy

Information Collection and Use

We collect and use information in accordance with our Privacy Policy. By using our platform, you consent to such collection and use, including basic contact and business information, transaction-related communications and documentation, and platform usage analytics and improvement data. We may share certain information with verified counterparties to facilitate transactions, but we maintain strict confidentiality standards for sensitive business information.

Data Security

While we implement reasonable security measures, we cannot guarantee absolute security of data transmitted over the internet or stored in our systems. Users should maintain appropriate security measures for sensitive information. Cyber threats evolve constantly, and users should implement robust cybersecurity practices for their own systems and communications.

Logistics and Export Services

Third-Party Logistics Providers

GTX Markets coordinates with independent logistics and export service providers. We do not take custody or responsibility for precious metals in transit, guarantee delivery schedules or shipping performance, provide insurance coverage for shipped materials, or accept liability for customs delays or regulatory issues. Our logistics coordination involves connecting parties with qualified service providers, but the actual transportation, insurance, and delivery arrangements are between our users and these independent providers.

Export and Import Compliance

Users are responsible for ensuring compliance with all applicable export/import regulations, customs requirements, and documentation. GTX Markets provides coordination services but does not guarantee regulatory compliance or successful customs clearance. International trade regulations are complex and subject to frequent changes. Users should work with qualified customs brokers and trade compliance specialists to ensure proper documentation and regulatory adherence.

Verification Standards

Verification Methodology

Our verification standards and processes may change without notice to reflect evolving best practices and regulatory requirements. Current verification does not guarantee future compliance or performance. We continuously refine our verification criteria based on industry developments, regulatory changes, and operational experience. Users should not rely solely on our verification when making business decisions.

Ongoing Monitoring Limitations

While we conduct ongoing monitoring of verified producers, we cannot guarantee real-time awareness of all changes in producer status, regulatory compliance, or operational capacity. Our monitoring represents reasonable efforts to maintain current information, but conditions can change rapidly in dynamic markets. Users should conduct their own periodic verification and maintain direct communication with their counterparties regarding any material changes.

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