Client Agreement
Client Agreement
Client Agreement
General Version
CLIENT AGREEMENT
General Version
Account activation
2. The Company has the right to accept or reject any client at its
absolute discretion, even if the Company completely received the
requested documents.
CLIENT AGREEMENT
General Version
3. The Company has the right to ask for the minimum or maximum
initial deposit before allowing the client to use the trading accounts.
4. After the account activation, the client must always be able to see
the account balance in the client cabin and have the right to withdraw
the same amount.
Services
6. The Company shall not deliver the underlying physical assets to the
client after the related transactions; after the completion of
transactions, the client will only receive profits or will lose money which
will be withdrawn from his/her trading account.
7. The Company shall not offer any advice or guidance about specific
transactions.
8. The Company can sometimes issue some recommendations on its
website. The client must be aware that:
a) The issued information is not a piece of investment advice, and
they only help the clients to make better decisions;
b) if the document contains a restriction on the person or category of
persons for whom that document is intended or to whom it is
distributed, the client agrees that he shall not pass it on to any such
person or category of persons;
c) the Company does not guarantee the correctness and perfection
of such information and does not provide information about the tax
consequences of any transaction;
d) the Company does not guarantee the precise time of receiving
such information, and different clients may receive them sooner or later.
This published information may appear in one or more screen
information services.
e) This information only helps the client make his own decisions and
does not contain any advice for investment or advertisements.
f) The Company does not pay attention to the rules of different
countries where the clients may live when it publishes this information,
and the client is responsible for considering the rules.
9. The Company have the right to ask the client about his/her
knowledge and experience in financial markets to evaluate the
appropriateness of services or products for the client, and the client is
obligated to express this information. Sometimes, the client does not
want to provide this information to the Company or even provide wrong
or incomplete information. In this case, the Company cannot provide
CLIENT AGREEMENT
General Version
appropriate services for the client. The Company always assumes that
the provided information about the client's experience and skills are
true. Therefore, the Company is not responsible for the insufficient,
incomplete or misleading information that may be sent to the client.
10. The Company has the right to stop offering services to the client at
any time, at its discretion, and is not obligated to explain the reasons.
Also, the Company has the right to change, suspend, delay and amend
its services when facing abnormal market conditions, and the client
accepts all of the above conditions.
11. The Company evaluates the sizes of the client's trade requests.
When the Company cannot execute a specific trade due to its large size
and market conditions, then at the Company's sole discretion, the
request may not be executed completely, or the entire order may be
cancelled.
12. Different information such as news and market commentary may
sometimes be changed or deleted without prior notice.
13. The client understands, confirms and accepts herein that any
and/or all of his/her trading histories in MetaTrader 4 and/or MetaTrader
5 Platforms may at any time and without prior written consent and/or
notice to the client.
14. The records of all trading and non-trading activities shall be
maintained for at least two years by the Company after the termination
of the business relationship with the client, and they are applicable to
legislative requirements.
15. If the Company suspects any kind of fraud, manipulation or
arbitrage in the client's account(s) or finds that misconfigurations or
technical errors led to some transactions, it has the right to undo, close
and suspend any transaction. In this situation, the Company can
withdraw any profits that have been earned by inappropriate methods
and charge the related costs from the client's account. Also, the
Company is not responsible for the losses in case of closing positions,
imposing suspensions and unwinding the client's activities.
CLIENT AGREEMENT
General Version
1. The Company can convert any currencies when necessary or for the
intended purposes based on its rights in the legal agreements without
any prior notice. These conversions may happen based on the rates that
the Company specifies regarding the common rates in the market.
2. The client is responsible for all the risks pertaining to foreign
currency exchanges arising from any transaction or the compliance by
the Company with its obligations or the exercise by it of its rights under
the legal agreements.
3. The client can always deposit money to his/her trading account.
4. Deposits and withdrawals to/from the trading accounts are
executed based on the rules of the non-trading operation.
5. When the account balance of the client is not enough to pay an
obligated amount to the Company, the client must pay the excess
amount within 2 working days.
6. The DeltaFX company is registered with laws Saint Vincent and the
Grenadines under the registration number 24975 IBC 2018. The client
accepts that when it is due time to pay a sum to the Company, and the
required funds have not yet been transferred to the clients trading
account, the Company can act as if the client has not fulfilled the
payment to the Company and it can exercise its rights under the
agreement (the Company can close the client's positions and execute
other solutions in the agreement).
7. The Company must regularly update its active payment systems on
the deposit and withdrawal section. All the payment systems may not
be available in some countries, so the available and active ones must be
accessible from the client's cabin.
CLIENT AGREEMENT
General Version
1. The client accepts that the Company has the right to change the
terms and conditions of the legal agreements from time to time.
CLIENT AGREEMENT
General Version
2. The Client and the Company can both terminate this agreement by
giving each other a written statement.
3. After the termination of this agreement, the Company has the right
to prevent the client's access to the trading platforms.
4. After the termination of this agreement, the client must immediately
pay all the expenses, including but not limited to:
a) All of the commissions, charges and outstanding fees;
b) All of the expenses caused by the termination of this agreement
and the costs related to transferring client's investments to other brokers;
c) All of the expenses and losses caused by closing the transactions
and settling or concluding outstanding obligations incurred by the
Company on the client's behalf.
5. Based on the legal agreements, the Company has the right at its
absolute discretion to deactivate the client's account when seeing
uncommon and wrong numbers of requests from the client, which put
high pressure on the Company's servers and may have negative effects
on the trading activities of other clients. These requests include but are
not limited to invalid stops and modifications, wrong TP or SL, a very high
number of orders, and invalid requests when there are not sufficient
funds in the client's account.
1. The Company has the right to use, store or process the client's
personal information in connection with provisions of the services.
2. When a client is a person and requests to receive a copy of all of the
information that the company stores about him/her, the Company is
obligated to send him the requested information, and the client must pay
the related fee.
CLIENT AGREEMENT
General Version
The client agrees with the policy of the Company to sometimes make
direct contacts with the client via telephone or through other ways for
the purpose of marketing financial services and products.
The Company must keep the client's personal data confidential, and
this information must only be used for subjects related to the provisions
of the services. This information is not legally in possession of the
Company and shall not be publicly issued, and the Company must keep
them safe. This confidential information can only be revealed to other
people in the following situations:
a) When the authorities, regulatory, courts or other entities with
jurisdiction over the Company request a copy of them according to law;
b) When it is necessary to investigate them to prevent fraud or illegal
activities;
c) They can be revealed to the members of the Company and the
personnel who may need the information to do their duties based on
the legal agreements and also to the third parties in connection with
the provision of services to the client by the Company.
CLIENT AGREEMENT
General Version
FORCE MAJEURE
1. When the Company identifies a force majeure event based on its
reasonable opinion, it must properly inform the client about the
situation. A force majeure event may include but not limited to one of
the following items:
a) any act, event or occurrence (including, without limitation, any
strike, riot or civil commotion, terrorism, war, an act of God, accident,
fire, flood, storm, interruption of power supply, electronic,
communication equipment or supplier failure, civil unrest, statutory
provisions, lock-outs) which may stop the Company from doing its
tasks and obligations in one or several sections;
b) in an event when something may lead to the suspension,
liquidation or closure of a market in which the Company relates its
Quotes or the imposition of unusual limitations to on trades in such a
market.
2. Based on the legal agreement, if the Company identifies a force
majeure event, it may execute any of the following items without prior
written notice:
a) Increase margin requirement;
b) Close some or all of the client's open positions at fair and
appropriate prices which the Company determines at its absolute
discretion;
c) Stop, change, or suspend the execution or terms of the legal
agreement to the extent that the situation makes it impossible for the
Company to operate correctly and comply with them;
d) executing any activity that may seem reasonable and
appropriate based on the occurrence of such force majeure events.
MISCELLANEOUS
1. When the Company has a good reason, such as uncommon
market conditions, it has the right to suspend the client's trading
account at any time, with or without notifying the client.
CLIENT AGREEMENT
General Version
7. The Company has the right to assign the benefit and responsibility
of the legal agreements to a third party partially or completely, only if
the assignee accepts to follow the terms of legal agreements. Based on
the terms of business, such assignment shall come into effect in 7
business days after the day that the client receives a notice of
assignment.
8. If a court or competent jurisdiction announces one or some of the
legal agreement terms unenforceable for any reason, that term(s) shall
be deemed severable and not form part of this agreement or the terms
of business; however, the rest of the legal agreements will not be
affected.
9. The client may not assign, charge or otherwise transfer or purport
to assign, charge or otherwise transfer the client's rights or obligations
under the Legal Agreements without the prior written consent of the
Company, and any purported assignment, charge or transfer in violation
of this term shall be void.
10. The client is not allowed nor have the right to submit the password
of his/her trading platform or client cabin to any third parties and
accepts to keep them safe and confidential.
11. The usage of passwords and execution of all activities are
considered to be executed by the client. The Company is not responsible
for unauthorized activities of third parties in the client's trading
accounts.
12. The company's official language is English, and the client agrees on
this subject and should always read and refer to the main website to
obtain different information to be aware of the Company's activities. The
information which is translated into other languages and posted on the
Company's website is for enlightening purposes only and does not have
legal effect nor bind the Company. The Company is not responsible for
the accuracy of such information.
CLIENT AGREEMENT
General Version
13. Based on this agreement and the Company's internal policies, the
Company has the right to create a dormant accounts policy and/or to
impose on any dormant and/or inactive account a fee of 5 USD or its
equivalent in other currencies for each account per month, provided
that the client has no activity for 6 consecutive months in the following
cases:
a) The Company may consider the client's trading account inactive
when there is no transaction between the Client and Company for 6
consecutive months,
b) When there is a positive account balance in an inactive trading
account, the Company has the right to impose a monthly 5 USD fee or
its equivalent amount to the trading account, and this amount may
change in the future;
c) The Company has the right to waive all the fees and payments
when a client tries to resolve his/her account balances. Deltafx
(www.Deltafx.com) is registered based on the laws of Saint Vincent and
the Grenadines under registration number 24975 IBC 2018.
d) When a client has a dormant account with zero cash balance, the
Company cannot impose the monthly 5 USD fees to the account, but it
has the right to close such accounts after 6 consecutive months of
inactivity.
14. When the client opens a swap-free trading account, he agrees and
accepts the following items:
a) if the Company identifies any kind of fraud activities,
manipulation, or swap-arbitrage in relation to the client's transactions
or in the client's trading account(s), then the Company has the right to
close all of the client's positions and impose penalties considering the
swap or any profit amounts for all of the client's transactions. The
Company can also reject all of the client's requests;
CLIENT AGREEMENT
General Version
This IP must remain confidential by the client, and other websites and third
parties must not have access to it, and the client must not reveal any
information derived from or related to the IP to anyone. The client is not
allowed to copy, modify, decompile, reverse engineer or make derivative
works of the Company's IP.
17. The client is completely responsible for the accuracy of executed
payments. If the details of the company bank change under any
circumstances, the client is completely liable for all old or newly executed
payments.
3. The client has the right to save, display, analyze, change, reformat,
and print the existing information in the trading platform. The client is
not allowed to publish, transfer, or reproduce that information partially
or completely in any format to the third parties without the Company's
permission. The client is not permitted to change, obscure or remove
any copyright, trademark or notices that are indicated or published on
the trading platform.
4. The client accepts not to reveal his/her access data to any individual.
5. The client must quickly inform the Company when he/she suspects
that his/her access data has or may have been revealed to any
unauthorized individual.
6. The client accepts to co-operate with Company for investigations
about the misuse or possible misuse of the client's access data.
7. The client accepts to be responsible for all requests and orders
which are sent to the Company with his/her access data, and the
Company considers them to be the client's orders.
8. The client accepts that the Company is not responsible for the
access of unauthorized individuals to the information such as emails,
communications or personal data which are transmitted through the
internet, post, telephone or any other electronic means.
9. When the Company recognizes any fraud activity, manipulation, or
swap-arbitrage in the client's account(s) in relation to any transactions,
then the Company has the right to close the client's trading account
or/and impose penalties on all the current and past transactions or/and
declare all of the client's profits invalid and reject all of the client's
requests and/or end all the agreements with him/her.
CLIENT AGREEMENT
General Version
1. When the client believes that in a situation the Company has breached
one or some of the terms legal agreements, he/she has the right to submit
a complaint to the Company within 3 working days after the incidence of
event.
1.1. The client can fill the complaint form, which is in the client cabin, and it
must include:
a) Client's full name (if the client is an entity, then the Company's name);
b) Client's login in the trading platform;
c) Details about the time of the event (date and time based on the
trading platform time zone);
d) ticket of the position and/or pending order;
e) an explanation about the disputed situation with references to the
clause(s) of the terms of business which has been breached according to
the client's opinion.
1.2. The client must not contain the following items in the complaint:
a) An emotional evaluation of the disputed situation;
b) Offensive language;
c) Obscenities;
d) Threats.
2. When the complaint does not comply with the above requirements,
the Company can dismiss it.
3. When a conflict cannot be resolved based on the legal agreements, the
Company, at its sole discretion, can resolve it based on the common market
practice.
4. In case of an interruption in the quotes flow as a result of software or
hardware failure, the Company must act based on the terms of business
and use the live server's quotes to resolve the dispute.
5. When the client has received less profit than the expected amount due
to an uncompleted action that the client had intended to complete, the
client solely is responsible for the achieved result.
CLIENT AGREEMENT
General Version
REFUSAL OF COMPLAINT
The Company states that trading any financial instrument may lead to
losses and damages and the client accepts that he/she is willing to take
such a risk.
TRADING BENEFITS
When the client accepts to take part in a bonus scheme, and/or other
promotion, and/or contest which offers a trading benefit (hereinafter
the "Trading Benefits Scheme"), the terms and conditions which are
mentioned below shall apply:
a) The client is not allowed to join more than one trading benefit
scheme at the same time unless it is permitted in the applicable terms
and conditions of the trading benefit scheme.
b) The Company will not be responsible for the client's margin call or
losses, including but not limited to losses due to stop-out level, when
the trading benefit is withdrawn for any reason
CLIENT AGREEMENT
General Version