Common use of Account Opening Clause in Contracts

Account Opening. 7.1.1 The Client is required to fill up the registration form online, choose the trading platform and type of accounts desired during the Account registration. The Client should read and understand the features and limitation of each type of accounts prior to Account registration. Doo Prime shall inform the Client when the Account is successfully registered. 7.1.2 Doo Prime reserves the right in refusing registration of Account for any reason and may change the features of Account at any time by giving notification to the Client or on Doo Prime’s website. 7.1.3 The Client authorises Doo Prime to use all information provided by the Client to conduct credit report searches or other available searches to verify the Client’s identity. 7.1.4 Unless expressly agreed in writing or in the event a power of attorney is applicable, the Client warrants that the Client will open each Account with Doo Prime as principal and not as agent for an undisclosed person. The Client shall be responsible for performing his obligations under the Transactions and bear all legal obligations under the Account. 7.1.5 The Client shall be responsible in securing the Account ID and password, and shall immediately notify Doo Prime in the event there is: (a) any loss, theft or unauthorised use of the Account ID and password; (b) any inaccurate information in the Account or Transaction; and (c) any receipts of confirmation of a Transaction which the Client has not placed. 7.1.6 If there has not been any Transaction or Account activities for three months, Doo Prime is entitled to terminate the Account after notifying the Client at the last known email and service address. Doo Prime shall deposit any positive cash balance to the Client’s bank account subject to Clause 10 and deduction of any applicable Fees.

Account Opening. 7.1.1 The Client is required to fill up the registration form online, choose the trading platform and type of accounts desired during the Account registration. The Client should read and understand the features and limitation of each type of accounts prior to Account registration. Doo Prime shall inform the Client when the Account is successfully registered. 7.1.2 Doo Prime reserves the right in refusing registration of Account for any reason and may change the features of Account at any time by giving notification to the Client or on Doo Prime’s website. 7.1.3 The Client authorises Doo Prime to use all information provided by the Client to conduct credit report searches or other available searches to verify the Client’s identity. 7.1.4 Unless expressly agreed in writing or in the event a power of attorney is applicable, the Client warrants that the Client will open each Account with Doo Prime as principal and not as agent for an undisclosed person. The Client shall be responsible for performing his obligations under the Transactions and bear all legal obligations under the Account. 7.1.5 The Client shall be responsible in securing the Account ID and password, and shall immediately notify Doo Prime in the event there is: (a) any loss, theft or unauthorised use of the Account ID and password; (b) any inaccurate information in the Account or Transaction; and (c) any receipts of confirmation of a Transaction which the Client has not placed. 7.1.6 If there has not been any Transaction or Account activities for three months, Doo Prime is entitled to terminate the Account after notifying the Client at the last known email and service address. Doo Prime shall deposit any positive cash balance to the Client’s bank account subject to Clause 10 and deduction of any applicable Fees.