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Last Updated: February 21, 2026

LEGAL INFORMATION AND FULL DISCLOSURE

This document contains mandatory legal information and full disclosure of the material terms of the activities of WOUFX LLC, the operator of the website woufx.com and the WOUFX TRADE platform. This document is provided for informational purposes only and forms an integral part of the Terms of Use, Privacy Policy, AML/KYC Policy, Order Execution Policy, and other corporate documents of WOUFX LLC, adopted in accordance with the WOUFX LLC Operating Agreement.

The website woufx.com and the WOUFX TRADE platform are operated and managed by WOUFX LLC, a limited liability company duly organized and validly existing in full compliance with the Delaware Limited Liability Company Act (State of Delaware, USA).

  • Full legal address: 1209 North Orange Street, Suite 100, Wilmington, DE 19801, USA
  • Registration number: 10372381 (File No. 10372381)
  • Business License No. 2025715007, General Services, State of Delaware
  • Legal Entity Identifier (LEI): 984500386C3CN4BF4710
  • Official contacts: support@woufx.com | legal@woufx.com

2. SERVICES PROVIDED

WOUFX LLC provides Clients with access to margin trading in Cash-Settled Spot Price Based Contracts (cash-settled contracts based on spot prices without physical delivery of the underlying asset), executed under the A-Book ECN DMB model (Electronic Communication Network with Direct Market Book execution | Commission-Only) on the following asset classes:

  • — Spot Forex (currency pairs)
  • — Spot Crypto
  • — Spot Metals
  • — Spot Commodities
  • — Spot Indices
  • — Spot Stocks (US, EU)

Trading is conducted exclusively through the proprietary WOUFX TRADE platform. The full list of available instruments, trading hours, contract specifications (lot size, minimum volume, tick size, margin requirements, commissions, swaps), and all other parameters are published directly on the platform and may be changed unilaterally by the Company in accordance with market conditions and Liquidity Provider requirements.

3. ORDER EXECUTION MODEL: 100% A-BOOK ECN DMB

The Company operates strictly under the 100% A-Book ECN DMB execution model (Electronic Communication Network with Direct Market Book / Direct Market Access, without a Dealing Desk). This model means:

  • — All client orders are routed directly into an ECN, providing full access to the order book (Direct Market Book / Depth of Market) of multiple independent top-tier Liquidity Providers.
  • — Orders are executed in real time at the best available prices and volumes from external Liquidity Providers without any internal matching or Company intervention.
  • — Clients receive raw market quotes and depth of market directly from the LP pool.
  • — WOUFX LLC does not operate a Dealing Desk, does not act as counterparty to client trades, does not assume market risk on client positions, and has no financial interest in client trading results (including losses).

B-Book and Hybrid execution models, as well as any internal order matching, are strictly prohibited under the WOUFX LLC Operating Agreement and are not used under any circumstances.

4. REVENUE STRUCTURE AND COMMISSIONS

WOUFX LLC revenue is generated exclusively from fixed trading commissions per lot, clearly specified for each account type and disclosed in the platform specifications. The Company strictly does not apply:

  • — Spread markups (Clients receive raw spreads from Liquidity Providers)
  • — Swap or overnight financing markups (passed through from Liquidity Providers in full)
  • — Hidden, additional, or undisclosed fees

Bank, payment system, and payment service provider (PSP) fees are charged exclusively by third parties and are not income or commissions of WOUFX LLC.

5. LEVERAGE AND MARGIN TRADING

Trading is conducted on a margin basis. The maximum available leverage is 1:200. Actual leverage and margin requirements depend on the specific instrument, account type, current market volatility, and Liquidity Provider requirements. Since the Company operates without a Dealing Desk, margin requirements are calculated automatically by the platform system and cannot be manually altered or manipulated by WOUFX LLC.

6. NEGATIVE BALANCE PROTECTION

WOUFX LLC provides negative balance protection to all Clients without exception. A Client cannot lose more than the funds available in their trading account at the time of the event. In cases of extreme market volatility, gaps, or other events resulting in a negative balance, the Company will credit the Client's account to restore the balance to zero at its own expense.

WOUFX LLC is registered with FinCEN (Financial Crimes Enforcement Network, USA) as a Money Services Business (MSB) under registration number 31000315645596.

SEC/EDGAR CIK: 0002094541, Securities Registration, US Federal Filing.

The Company operates in full compliance with:

  • — Delaware Limited Liability Company Act
  • — FinCEN requirements
  • — FATF recommendations
  • — AML/KYC regulations
  • — WOUFX LLC Operating Agreement

The Company’s business model and regulatory positioning have been independently reviewed by licensed U.S. legal counsel admitted to practice law in the States of New York and Minnesota.

Based on the Company’s disclosed execution-only A-Book ECN/DMB structure and its policy of not providing services within the United States or to U.S. Persons, legal counsel has concluded that the Company is not required to register as a broker-dealer, Futures Commission Merchant (FCM), Retail Foreign Exchange Dealer (RFED), or Introducing Broker under applicable U.S. federal securities and commodities laws, provided that such operational limitations are maintained.

The legal opinion is based on the factual representations and business model disclosed to counsel at the time of issuance.

A copy of the signed legal opinion may be provided to authorized regulatory authorities, banking institutions, and approved Liquidity Providers upon formal request and subject to confidentiality obligations.

9. GEOGRAPHICAL RESTRICTIONS

WOUFX LLC does not provide services and mandatorily blocks access to:

  • — Citizens or tax residents of the United States of America
  • — Persons physically located in the territory of the United States of America
  • — Citizens or tax residents of the Russian Federation, the Republic of Belarus, the Islamic Republic of Iran, the Democratic People's Republic of Korea, the Syrian Arab Republic, the Republic of Cuba, the Bolivarian Republic of Venezuela, the Islamic Republic of Afghanistan, the Republic of Yemen, the Federal Republic of Somalia, the Republic of Sudan, the Republic of the Union of Myanmar, the Republic of Haiti
  • — All persons included in the sanctions lists of OFAC, the UN, the EU, the UK, as well as persons from other sanctioned jurisdictions

Services are intended exclusively for use in jurisdictions where such activities are permitted by applicable law. The Client bears full and sole responsibility for compliance with the laws of their country of citizenship, residency, and/or location.

10. RISK WARNING

Margin trading in Cash-Settled Spot Price Based Contracts involves a high level of risk and may result in the partial or total loss of invested capital. Information provided on the website and platform does not constitute investment, financial, legal, or tax advice. The Company does not guarantee profits or protection from losses. All trading decisions are made solely by the Client at their own risk.

11. DATA PROTECTION AND RECORDKEEPING

The Company has appointed a Data Protection Officer (DPO) and is registered with the UK Information Commissioner's Office under registration number ZC023067. As a registered MSB, the Company is required to retain KYC documentation, transaction records, and other required materials for at least five (5) years in accordance with the Bank Secrecy Act (BSA) and FinCEN regulations.

12. GOVERNING LAW

Unless otherwise required by mandatory applicable law, all Company activities and contractual relationships with Clients are governed exclusively by the laws of the State of Delaware, United States of America.

WOUFX LLC (Delaware, United States of America) is the sole contracting entity entering into all client agreements and providing brokerage services exclusively outside the United States under a strict 100% A-Book ECN DMB execution model.

All client contracts are concluded exclusively with WOUFX LLC. WOUFX LLC retains full contractual, operational, and regulatory responsibility toward Clients.

WOUFX Technologies Ltd. (Saint Lucia, Registration No. 2026-00018), with its registered office at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, is a separate legal entity within the group structure and provides the following services strictly under an intercompany services agreement:

  • — Technology infrastructure and platform support
  • — Server hosting and system maintenance
  • — Administration and maintenance of agreements with approved liquidity providers
  • — Clearing and settlement support functions
  • — Operational payment processing services as authorized settlement agent

For operational and administrative purposes, WOUFX Technologies Ltd. maintains an office at: Pindou 10, Thalia Block 2, Office 102, 8220 Chloraka, Paphos, Republic of Cyprus.

WOUFX Technologies Ltd. does not enter into brokerage agreements with clients, does not act as a counterparty to client trades, does not internalize client orders, and does not operate any B-Book or Hybrid execution structure.

All client funds and contractual obligations remain solely with WOUFX LLC in accordance with the WOUFX LLC Operating Agreement and applicable law.

The group strictly does not provide services to citizens or residents of the United States of America or to persons located within the United States.

Questions about this document: legal@woufx.com