Terms of use

1.    Introduction

1.1.    These current Terms of use (hereinafter referred to as the Terms) govern the access and use of the Lenno Platform.

1.2.    The Platform means, together and separately, the internet page of www.lenno.com, the "Lenno" mobile application, and any other platform through which Lenno is presented, offered and / or provides services. 

1.3.    Lenno means all companies within the group of the same name, including but not limited to Lenno Limited, a company registered in England and Wales under number 12008730, with registered address 64 New Cavendish Street, London, United Kingdom, W1G 8TB; Lenno JSC, a company registered in Bulgaria under number 203217465 with registered address 2 Maria Luiza Blvd, Level 5, Sofia 1000, Bulgaria; Lenno Global Advisory JSC, a company registered in Bulgaria under number 103277217 with registered address 2 Maria Luiza Blvd, Level 5, Sofia 1000, Bulgaria; Lenno Iberia S.L., a company registered in Spain under number B88146451 with registered address Centro de Negocios, Calle Lagasca, número 95, 28006 Madrid, Spain; Lenno Ins., a company registered in Bulgaria with registered address 2 Maria Luiza Blvd, Level 5, Sofia 1000, Bulgaria.  

1.2.    Through the Platform services of Lenno and each of the companies of the group are offered, as explicitly stated at any time, in accordance with regulatory requirements. 

2.    General terms and conditions for using the Platform

2.1.    Any person accessing the Platform agrees to the current Terms. In case the visitor does not agree with the Terms, the latter must discontinue the use of the Platform.

2.2.    The information on the Platform is not and cannot be perceived and / or interpreted as legal advice or recommendation for a particular deal.

2.3.    In view of the current legislation and the specific parameters of individual transactions, it is possible that a particular transaction may differ entirely or under certain conditions from the characteristics and conditions posted on the Platform.

2.4.    Lenno tries to keep the information on the Platform up to date, however, Lenno does not guarantee the correctness and completeness of the information, as well as the real-time access to the information. Lenno is not responsible for errors or omissions on the Platform, as well as for any damages resulting from the use or inability to use the information contained therein.

2.5.    All information on the Platform, including, but not limited to, graphics, texts, and links to other pages, is subject to change without prior notice unless this is contrary to the law, contract or other act issued by or applicable to Lenno, in which case the procedure described in the relevant document is followed.

2.6.    Lenno is obliged to guarantee the integrity of the information containing personal data provided by the visitors to the Platform. The personal data provided is processed in accordance with the adopted Privacy Policy of the processing company prepared in accordance with the requirements of the General Data Protection Act, the Personal Data Protection Act and the implementing legislation. More information about privacy policies can be found on the Platform under the "Legal Agreements" section.

2.7.    By filling in electronic forms, the visitor grants Lenno the right to process personal data for the purposes of pre-contractual and contractual relationships, and the visitors explicitly agree to such processing and storage. For the avoidance of any doubt, Lenno notifies and visitors agree that any information entered by the visitor on the Platform is recorded and processed regardless of whether the form in which the information is being recorded is complete.

2.8.    The platform and in particular the Web-based applications use different providers, who can use tracking technology and other small text files, commonly referred to as cookies. They are recorded on the personal device of the visitors on the Platform. „Cookies” are used for the purpose of personalization of customer experience and choice (for example, language preference) as well as for the purpose of acquiring more information about how Lenno's website is being used and ensuring its safe use. The type, collection, and use of cookies are performed in accordance with the Cookie Policy. More information about the Cookie Policy is available on the Platform under the "Legal Agreements" section.

2.9.    The Platform provides general and detailed information on the services offered, contact details and commercial information about Lenno. Besides that, via the Platform a request to use a service could be submitted, a remote service could be provided, separate statements for particular services and management of these services could be made.

2.10.   Any information and functionality are described and structured on the Platform. Lenno cautiously warns that by acting in some areas of the Platform, visitors can request services and make statements about services that are subject to certain rights and obligations. In order to avoid mistakes, visitors are required to familiarize themselves with the details of each function and the binding legal documents before using it.

2.11.    By using the Platform and specific service, the visitor confirms that he is familiar with the relevant service, the terms, and the binding legal documents.

2.12.    If the visitor provides information to the Platform, he declares that this information is true and not misleading. For false or misleading information, the visitor is responsible under the rules of the Penal Code.

2.13.    The design, structure, and contents of the Platform are subject to copyright and may not be reproduced, altered, transmitted or used for any commercial purposes without the prior written permission of Lenno.

2.14.    Lenno is Lenno’s trademark registered in the Europen Union. The visitor may not reproduce, copy or use it without the prior consent of Lenno. Nothing in this Terms or Platform should be treated as an allowance to use Lenno’s trademark. A partner may only be allowed to use the trademark in writing and in compliance with the legal procedures. All the benefits of using the Lenno’s trademark belonging exclusively to Lenno.

2.15.    Using the Platform for illegal, harmful purposes or in any illegal way through which including but not limited to, hacking or other attacks carried out against the Platform or Lenno, the normal usage or functioning of the Platform, the security mechanisms of the Platform being violated, the access to unannounced and nonpublic information on the Platform or in any other way the normal functioning of the Platform is being bypassed, distorted or stopped, is forbidden.

3.    Final provisions

3.1.    Lenno could periodically change the Terms without previous notice as the change enters into force with its publishing. Visitors are required to periodically check for changes in the rules as they are binding for them.

3.2.    Lenno could periodically change the Platform without previous notice as the change enters into force with its announcement, unless the law, an agreement or act, issued by or applicable to the activities of Lenno, as in such cases the procedure described in the applicable document is followed.

3.3.   Any announcements, publications, and news are reflected at the relevant places or on the Platform at www.lenno.com/en/publications. In certain cases, Lenno can restrict or suspend access to the Platform.

3.4.    In case the visitor has created a profile on the Platform with respect of his access details (user name, password, etc.) he understands and accepts that:

i.    He is responsible for maintaining the confidentiality of the access details and won’t disclose them to third parties;

ii.    All action taken via the client’s profile shall be treated as if performed by the respective visitor as identified in the profile data;

iii.   Will immediately notify Lenno if he identifies loss, theft or disclosure in front of third parties or other unauthorized use of access data.

3.5.    When the Platform refers to other internet sites or services provided by third parties, the relevant references are made only for information purposes and should not be interpreted as a guarantee or a recommendation for this information or service made by Lenno. Lenno does not have access and can not control the information or services provided by third parties.

3.6.    When information or materials provided by users are visualized on the Platform it should be considered that this information or materials are not inspected or approved by Lenno and do not represent the position of Lenno.

3.7.    All outstanding issues not settled in these terms are subject to the relevant provisions under the Bulgarian legislation in force. Any disputes related to these Rules, which the parties have failed to resolve through negotiations and mutual agreement are referred to the competent Bulgarian courts for the decision, unless the applicable law, the contract or other legal instrument provides for another method of dispute settlement. 

Version 1.03, effective as of 04.11.2019.

Trade Responsibly: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.17% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Coming soon

12 days until the new lending, investing, and insurance.