Legal
Terms of Service
Last updated: 1 January 2026
1. Agreement to Terms
These Terms of Service (“Terms”) constitute a legally binding agreement between you (“Client”, “you”) and Commodity Brokerage International Limited (“CBIL”, “we”, “us”), a company registered in England and Wales under company number 14724564, with its registered office at 128 City Road, London, EC1V 2NX, United Kingdom. By accessing or using our services, you agree to be bound by these Terms in their entirety.
2. Services
CBIL provides bespoke software-as-a-service (“SaaS”) platforms and related professional services, including but not limited to platform development, customisation, integration, support, and maintenance. The specific services, deliverables, and service levels applicable to your engagement will be set out in a separate Statement of Work (“SOW”) or Order Form, which shall form part of these Terms.
3. Account Responsibilities
You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You agree to notify us immediately of any unauthorised use of your account. CBIL shall not be liable for any loss or damage arising from your failure to safeguard your account information. You must ensure that all persons who access our services through your account are aware of and comply with these Terms.
4. Payment Terms
Fees for our services are set out in the applicable SOW or Order Form. Unless otherwise agreed in writing, all invoices are payable within 30 days of the invoice date. All fees are quoted exclusive of VAT, which shall be charged at the prevailing rate where applicable. Late payments shall accrue interest at 4% above the Bank of England base rate. We reserve the right to suspend access to the services in the event of non-payment exceeding 14 days past the due date.
5. Intellectual Property
All intellectual property rights in the CBIL platform, including but not limited to software, design, architecture, documentation, and proprietary methodologies, remain the exclusive property of CBIL. You are granted a non-exclusive, non-transferable licence to use the platform for the duration of your subscription, subject to these Terms. Any bespoke features developed for you under a SOW shall be owned by CBIL unless expressly stated otherwise in the SOW. Your data remains your property at all times.
6. Limitation of Liability
To the maximum extent permitted by law, CBIL's total aggregate liability arising out of or in connection with these Terms shall not exceed the fees paid by you in the 12 months immediately preceding the event giving rise to the claim. In no event shall CBIL be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, loss of data, business interruption, or loss of goodwill, whether arising in contract, tort (including negligence), or otherwise. Nothing in these Terms excludes or limits liability for death or personal injury caused by negligence, fraud, or fraudulent misrepresentation.
7. Governing Law
These Terms shall be governed by and construed in accordance with the laws of England and Wales. Any disputes arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of England and Wales. The parties agree to attempt to resolve any dispute through good-faith negotiation before commencing legal proceedings.
8. Contact
If you have any questions about these Terms, please contact us:
Commodity Brokerage International Limited
128 City Road, London, EC1V 2NX
Company No. 14724564
Email: legal@commoditybrokerage.co.uk
Phone: +41 79 554 1535