Terms and Conditions
These Terms and Conditions ("Terms", "Terms and Conditions") govern your use of our website (the "Service") operated by EasyShares ("us", "we", or "our").
Please read these Terms and Conditions carefully before using our Service.
Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users, and others who access or use the Service.
By accessing or using the Service, you agree to be bound by these Terms. If you disagree with any part of the terms, then you may not access the Service.
Every transaction on our platform, whether buying or selling, is fully automated. Processing of orders begins immediately upon submission, and matching starts immediately using a "First come, first served" policy, putting orders in a list. The waiting time depends on when your turn comes, and you're matched to a buyer for your shares, ensuring fair and efficient transactions.
All deposits and withdrawals on our platform are facilitated through the Mpesa money provider. Users can seamlessly deposit funds into their accounts and withdraw their earnings using Mpesa's secure and reliable payment system.
Maximum Deposit: The highest amount of funds that a user can deposit into their EasyShares account in a single transaction is capped at 100,000 KES. This limit ensures that transactions remain manageable and secure.
Minimum Deposit: EasyShares requires a minimum deposit of KES 375 per transaction. This ensures that users can start investing with a reasonable amount and also helps streamline processing for smaller transactions.
Maximum Withdrawal: Users can withdraw up to 100,000 KES from their EasyShares account in a single transaction. This maximum limit helps prevent large withdrawals that could potentially disrupt the platform's liquidity.
Minimum Withdrawal: The minimum withdrawal amount per transaction is set at 100 KES. This ensures that users can withdraw smaller amounts as needed, without imposing excessive restrictions.
i) Maximum Shares Bought: The maximum number of shares that a user can purchase in a single transaction is limited to 7,500 KES. This helps prevent excessive purchases that could affect market stability.
Maximum Shares Sold: Similarly, users are restricted to selling a maximum of 5,000 KES worth of shares in a single transaction. This limit helps prevent large sell-offs that could impact market prices.
ii) Minimum Shares Sold: To maintain market activity and prevent negligible transactions, EasyShares imposes a minimum sell limit of 500 KES per transaction. This ensures that each sell order contributes meaningfully to market liquidity.
Minimum Shares Bought: Users must purchase a minimum of 375 KES worth of shares per transaction. This minimum ensures that buying activity remains substantial enough to support market dynamics.
iii) Unlimited Trading: While there are transaction limits in place, users have the freedom to engage in buying and selling shares as frequently as they wish. The limits apply on a per-transaction basis, allowing users flexibility in their exchange activities.
Please note that a 5% deduction on profit is applied to every sell transaction. This deduction is automatically calculated and deducted from the total profit earned by the user upon completion of the transaction. Addtionally if one joined the plartform using a refferal link, his/her upline will also earn 5% from all their sell profits per transaction. This means that a user with an upline will be deducted 10% profit on all sell transactions.
Withdrawal fees are in accordance with the fees provided by Mpesa for money transfers to other Mpesa users. These fees are determined by Mpesa and are applied to withdrawals made from our platform to users' Mpesa accounts.
The Service and its original content, features, and functionality are and will remain the exclusive property of EasyShares and its licensors. The Service is protected by copyright, trademark, and other laws of both Kenya and foreign countries. Our trademarks and trade dress may not be used in connection with any product or service without the prior written consent of EasyShares.
Our Service may contain links to third-party web sites or services that are not owned or controlled by EasyShares.
EasyShares has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third-party web sites or services. You further acknowledge and agree that EasyShares shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods, or services available on or through any such web sites or services.
We strongly advise you to read the terms and conditions and privacy policies of any third-party web sites or services that you visit.
We may terminate or suspend access to our Service immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.
All provisions of the Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity, and limitations of liability.
These Terms shall be governed and construed in accordance with the laws of Kenya, without regard to its conflict of law provisions.
Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect. These Terms constitute the entire agreement between us regarding our Service, and supersede and replace any prior agreements we might have between us regarding the Service.
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material, we will try to provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.
By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.
If you have any questions about these Terms, please contact us.