Common use of ACCOUNT ACTIVATION Clause in Contracts

ACCOUNT ACTIVATION. 9.1. By accepting this Agreement, the Client attests that they are not a United States resident (or holder of a U.S. passport) and are over the age of 18. 9.2. The Client’s account will be created and activated by the Company as soon as the Client fills out any kind of account (including a demo account) registration form, through the Company’s Website or alternative landing page, and the Company receives an electronic confirmation via the Company’s Website that the Client accepted this Agreement and any of its subsequent or required appendixes, documents, forms, etc. 9.3. By activating an account with the Company, the Client agrees to enter into forex, contracts for difference, crypto-exchange, and any other type of transactions that the Company offers. 9.3.1. The types of contracts for difference transactions that the Company provides, are not traded on a daily basis. 9.4. Creation of an account with the Company is incumbent upon the Client creating a username and password (login details) within the Company’s Website and trading platform, typically consisting of the Client’s personal email address. 9.4.1. This will result in both a unique account number [hereinafter also referred to as: “AC number”, wherever applicable] and platform number [hereinafter also referred to as: “trading platform number”, or “TP Number”, wherever applicable] being created through the Company’s systems and trading platform, as numerical identifiers of the Client’s account(s). 9.4.2. The Client may request additional TP Numbers to be created on their behalf within the same account (AC) of theirs, if required for differentiating currency and trading options. a) Said creation of different TP Numbers are granted per the Company’s sole discretion. 9.4.3. The Company strongly discourages the creation of multiple AC accounts, under different login details, which maintain the same verification documents, payment methods, and basic information. a) The Company reserves the right to make exceptions if it deems warranted, but also to cancel, refund, and delete said “duplicate” accounts per its sole discretion 9.5. It is the Client’s responsibility to keep their account(s) and password(s) (i.e., login details) secure and confidential. 9.5.1. If the Client suspects that someone may be accessing their account(s) or know their login details without their authorization, please notify the Company immediately by calling the Company at +00000000000 or emailing the Company at xxxxxxx@xxxxxxxx.xxx. 9.6. If the Client is planning to trade using the Company’s services and products, the Client is therefore responsible for making sure that they are complying with all applicable laws of the country (or countries) they are trading in. 9.6.1. If the Client has any doubts as to whether they are complying with all applicable laws of their country (or countries), they should seek advice from an independent financial adviser. 9.7. By law, the Company is obligated to establish Client identity before the Company can take the Client on. Therefore, the Company reserves the right to request any form of identification documentation from the Client. 9.7.1. The Company may; at their own reasonable discretion, use various agencies to verify the Client’s identity and details before activating the Client’s account. 9.7.2. Failure to properly adhere to this process will render said account void of the protections and securities afforded via this Agreement. 9.7.3. Further information on this can be found in Article 10 of this Agreement. 9.8. When the Client accepts this Agreement, the Client agrees to provide the Company with relevant contact details so that the Company may contact the Client in writing, by email, by telephone, messengers, as applicable. 9.8.1. It is the Client’s responsibility to notify the Company immediately if any of those contact details change. 9.9. The Client accepts that, wherever possible, the Company will communicate with them via email, WhatsApp, Telegram, SMS, or via notifications on the Company Website.