1. Who the contract is with
The provider is Hexenkraft s.r.o., company ID 29665931, VAT ID CZ29665931, registered office at V zahradách 2462/31, 180 00 Prague 8, entered in the commercial register kept by the Municipal Court in Prague under file number C 450419. HexAlpha is the name of that company's education project; the contracting party, the invoicing entity and the data controller is always the company named here.
The participant is the natural or legal person who enrols on a course. Where the participant is a consumer, the provisions marked as consumer provisions apply in addition.
2. What is provided and what is not
What is provided is teaching on derivatives and options: explanation of concepts, work with contractual documentation, calculation of risk and costs, and a method for checking information.
What is not provided, and never will be:
- investment advice, investment recommendations, or any assessment of whether a particular instrument suits a particular person,
- trading signals, instructions, model portfolios or account management,
- management of anyone else's assets, portfolio management or custody of funds,
- intermediation of any financial instrument, transaction or broker,
- any activity requiring authorisation or registration from the Czech National Bank.
The provider is not an investment firm and not an investment adviser, is not supervised by the Czech National Bank and holds no licence or registration from it, and seeks none. Nothing said during teaching or stated on this website is an offer, an inducement, or an assessment of the suitability of any instrument.
3. Risk warning
Derivatives and options are complex financial instruments that use leverage. On some kinds of position a loss can considerably exceed the amount originally put in, and a substantial share of non-professional participants lose money on these instruments.
Completing a course does not reduce or remove that risk. A course changes what the participant understands, not what the market does. The participant makes all trading decisions independently and at their own risk.
4. Enquiry and formation of the contract
Sending the form on this website is a non-binding enquiry. The contract does not come into being when the form is sent, but when the provider confirms the scope, price and dates in writing and the participant agrees to them.
The price is agreed individually according to the chosen format and is given in writing before the contract is concluded. No payment is taken on this website and the site processes no payment details.
5. Withdrawal from the contract (consumers)
Where the contract is concluded at a distance or away from business premises and the participant is a consumer, the consumer may withdraw within fourteen days of its conclusion, without giving a reason and without penalty. Sending the withdrawal to the contact email within that period is enough.
If the consumer expressly asks for teaching to begin before that period expires and the service is partly delivered before withdrawal, the consumer pays the proportionate part of the price corresponding to what has been delivered. If the service is fully performed with the consumer's express consent before the period expires, the right of withdrawal lapses; the consumer is told this in advance.
The provider returns any payments received within fourteen days of withdrawal, by the same means by which they were received unless the parties agree otherwise.
6. Materials and copyright
Teaching materials and the content of this website are the provider's copyright work. A participant may use them for their own purposes. Distribution, sale or making them available to third parties without written consent is not permitted. Recording live teaching requires prior consent, among other reasons to protect the privacy of the other participants.
7. Certificate of completion
On completing a course the provider issues a certificate of completion. It is a record of attendance on an educational course. It is not a professional qualification, an accredited certificate or an authorisation to carry on any regulated activity, and it creates no rights against third parties.
8. Liability
The provider is responsible for the professional standard and the agreed scope of the teaching. It is not responsible for trading or other decisions the participant makes on the basis of what they have learned, nor for the financial consequences of those decisions.
Nothing in this article limits a consumer's rights arising from defective performance, or liability for harm caused intentionally or by gross negligence.
9. Complaints and out-of-court dispute resolution
A complaint may be made to the contact email. The provider deals with it without undue delay, and for a consumer within thirty days at the latest.
If a dispute cannot be settled by agreement, a consumer has the right to out-of-court resolution. The competent body is the Czech Trade Inspection Authority, Štěpánská 796/44, 110 00 Prague 1, at adr.coi.cz. The online dispute resolution platform may also be used.
10. Governing law and effect
The relationship is governed by the law of the Czech Republic, in particular Act No. 89/2012 Coll., the Civil Code. This does not affect a consumer's rights under the mandatory provisions of the law of their country of habitual residence.
The provider may amend these terms; contracts already concluded are governed by the version in force on the day they were concluded.