Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time. 20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website. 20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds. 20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company. 20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates. 20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time. 20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount. 20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: the withdrawal instruction includes all necessary information; the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; the account where the transfer is to be made belongs to the Client; at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request. 20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account. 20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative. 20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges. 20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section. 20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss. 20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account. 20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 5 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. 22.1 The Client may deposit funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. 22.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 22.3 If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. 22.4 If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. 22.5 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the Client. The withdrawal method accepted by the Company from time shall be the same used for the Client deposit, unless this is not possible due to timetechnical or other applicable legal or regulatory reasons.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. 22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary required information; ;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. 22.7 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. 22.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. 22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Client Account for these charges.
20.12. 22.10 Withdrawal fees may apply from time to time depending on the Client or type of Trading Accountapply. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1322.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 5 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.219.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.319.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.419.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.519.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.619.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.819.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.919.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1019.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1119.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1219.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1319.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1419.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 3 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 20.121.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.221.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing Any deposits made to your credit or which have been paid by you into your a currency other than the Currency of the Trading Account in one currency to another currencyshall be converted based on the market price at the time with no additional conversion fees. The detailed information about deposit options is shown on the Website.
20.321.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.421.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.521.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.621.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.821.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a) the withdrawal instruction includes all necessary information; information in the Personal Area;
b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c) the account where the transfer is to be made belongs to the Client; ;
d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestWebsite.
20.921.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1021.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1121.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1221.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1321.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 3 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. SPINELBRIDGE SERVICES LTD, a company having its registered address at Xxxxxx Xxxxx & Xxxxxxxxx, 0000, Xxxxxxxx, Xxxxxx, complaints can be redirected to xxxxxxxxxx@xxxxxxxxx-xxx.xxx.
20.2. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.220.3. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.320.4. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.420.5. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.520.6. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.620.7. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.720.8. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.820.9. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on within five working days from the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hourshours the five working days will count from the next working day of the client’s request receipt, provided that the following requirements are met: ● the withdrawal instruction includes all necessary information; ● the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ● the account where the transfer is to be made belongs to the Client; ● at the moment of payment: o ● the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o ● The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. ● there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ● the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.10. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.11. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.12. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.13. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.14. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.15. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.16. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: ● immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or ● immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(scall(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or ● Terminate the present Agreement and/or ● Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 3 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on within five working days from the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hourshours the five working days will count from the next working day of the client’s request receipt, provided that the following requirements are met: ● the withdrawal instruction includes all necessary information; ● the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ● the account where the transfer is to be made belongs to the Client; ● at the moment of payment: o ● the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o ● The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. ● there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ● the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: ● immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or ● immediately place restrictions on your Trading Account with or without any notice, including: :
i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(scall(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or ● Terminate the present Agreement and/or ● Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 3 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. 22.1 The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. 22.2 The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. 22.3 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 22.4 If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client with the relevant deposited amount actually received net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of . The applicable fees, if any, may be found on the Company’s Website.
20.5. 22.5 If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. 22.6 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. 22.7 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a. the withdrawal instruction includes all necessary information; ;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; ;
d. at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. if any;
e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 6.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. ; The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 22.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. 22.8 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. 22.9 The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. 22.10 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. 22.11 Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. 22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 3 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client with the relevant deposited amount actually received net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of . The applicable fees, if any, may be found on the Company’s Website.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a. the withdrawal instruction includes all necessary information; ;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; at ;
x. xx the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. if any;
e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 5.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. ; The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. 24.1 The Client may deposit funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. 24.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 24.3 If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. 24.4 If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. 24.5 The Company shall effect proceed with withdrawals of Client funds upon the Company receiving a relevant request from the Client in the Client. The withdrawal method accepted by the Company from time shall be the same used for the Client deposit, unless this is not possible due to timetechnical or other applicable legal or regulatory reasons.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the 24.6 The Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall will process the Client’s request to withdraw funds on the same day that the request to withdraw funds was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that hours if the following requirements are met: :
(a) the withdrawal instruction includes all necessary required information; ;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Free Margin exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. 24.7 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. 24.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.Company
20.11. 24.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Client Account for these charges.
20.12. 24.10 Withdrawal fees may apply from time to time depending on the Client or type of Trading Accountapply. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1324.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
24.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will 24.13 Further information as regards deposits and withdrawals can be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions found on the Trading Platform; the duration of the restrictions will Website as these may be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” amended from time to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit cardtime.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client with the relevant deposited amount actually received net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of Company. The applicable fees, if any, may be found on the Company’s Website.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a. the withdrawal instruction includes all necessary information; ;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; at ;
x. xx the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. if any;
e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 5.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. ; The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.13. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: ourdiscretion:
a. immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or and/or
b. immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or and/or
c. Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit cardAgreement.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client with the relevant deposited amount actually received net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of Company. The applicable fees, if any, may be found on the Company’s Website.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a. the withdrawal instruction includes all necessary information; ;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; at ;
x. xx the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. if any;
e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 5.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. ; The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.13. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: :
a. immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or and/or
b. immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or and/or
c. Terminate the present Agreement and/or and/or
d. Impose a charge of “USD 150-150 research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby here by authorise us to charge this amount to your Trading Account or credit card.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.213.1. The Client may deposit funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.313.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.413.3. If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.513.4. If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.613.5. The Upon satisfying the terms and conditions set out in the Agreement, the Company shall effect execute withdrawals of Client funds from the Client Account upon the Company receiving a relevant request from the Client duly filled and signed withdrawal form (“Withdrawal Form”) in the method accepted by the Company from time to time.
20.713.6. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the The Company shall process the Client’s request to withdraw funds on payment of the same day that the request was made, or requested withdrawing amount as soon as possible but no later than the next working day if Business Day following the Client’s request is received outside submission of normal trading hoursthe Withdrawal Form, provided that and only if the following requirements are met: :
a) the withdrawal instruction is submitted in a Withdrawal Form, i.e. a form prescribed and accepted by the Company and which includes all necessary required information; , including all mandatory fields in the Withdrawal Form are filled in;
b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request to a provided that such bank account belonging to the Client; the account where the transfer is to be made belongs to the Client; ;
c) the Client has signed the Withdrawal Form and the signature of the Client on the Withdrawal Form corresponds almost exactly to the signature of the Client on his/her official ID document, passport or any other officially verified document accepted by the Company;
d) at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified sufficient funds in the withdrawal instruction (including all payment chargesClient Account and processing of such request will not result in a Client receiving a Margin Call.
e) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request identity of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.appropriately verified,
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. 22.1 The Client may deposit funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. 22.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 22.3 If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. 22.4 If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. 22.5 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. 22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within three (3) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary required information; ;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. 22.7 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make accept third party or anonymous payments in the Client Account and will not allow t withdrawals to from any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. 22.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. 22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Client Account for these charges.
20.12. 22.10 Withdrawal fees may apply from time to time depending on the Client or type of Trading Accountapply. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1322.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 2 contracts
Samples: Terms and Conditions, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.219.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.319.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.419.3. If the Client makes you deposit funds in a depositcurrency other than your Base Currency, the Company we shall credit the relevant Trading Account with the relevant amount actually received pass on any charges that we have incurred in that conversion. Where we convert currency, we shall use a rate determined by the Company within one Business Day following the amount is cleared in the bank account of the Companyus.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.619.4. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.819.5. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.919.6. It is agreed and understood that withdrawals will only be effected affected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1019.7. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1119.8. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1219.9. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1319.10. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1419.11. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.219.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us tousto, convert any monies standing to your credit or which have been paid by beenpaidby you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.319.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.419.3. If the Client makes a depositadeposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.519.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees andaggress that in order to perform toperform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.619.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.819.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o momentofpayment, the amount Client’s Balance exceeds theamount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case anyof the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not metabove-mentionedconditionshavenot beenmet, the Company will xxxxxxx its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii)the Client has sufficient fundsinhisClientAccount in ordertomaintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.919.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1019.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1119.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1219.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1319.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1419.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may Wemay obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Trading Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary informationinformation in the Personal Area; Exclusive Change Capital Ltd is licensed and regulated by Cyprus securities and Exchange Commission (CySEC) under license number: CIF 330/17 Address: 00 Xxxxx Xxxxxx, Xxxxxx X0, Xxxxxxxx, 0000 Xxxxxxxx, Xxxxxx Tel: +000 00 000000 Fax: +000 00 000000 email: xxxx@xxxxxxxxxxxxxxxx.xxx
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestWebsite.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.221.1. The Client may deposit funds into the Client’s Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.this Website under xxxxx://xxxxx.xxxxxxx/funding-your-account/;
20.321.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Client’s Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.;
20.421.3. If the Client makes a deposit, the Company shall credit the relevant Client’s Trading Account with the relevant net amount actually received by the Company within one Business Day following once the relevant amount is has cleared in the bank account of the Company.
20.521.4. If the funds sent by the Client are not deposited in the Client’s Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his the Client’s Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.documents;
20.621.5. The Company shall effect make withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.;
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.821.6. Upon the Company receiving an instruction a request from the Client to withdraw funds from the Client Client’s Trading Account, the Company shall process initiate processing the Client’s withdrawal request to withdraw funds on the same day that the Client’s request was madeis received, or the next working day if the Client’s request is received outside of normal trading hoursoffice hours (09:00-17:30), provided that if the following relevant requirements are met: :
a. the withdrawal instruction request includes all necessary required information; ;
b. the instruction request is subject to the right of the Company to require additional information and/or documentation prior to releasing any funds in compliance with the provisions of clause 3.2;
c. the request is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) . from which the money was originally deposited in the Client’s Trading Account or at the Client’s request to a another bank account belonging to the same Client; ;
d. the Company, in accordance with Anti-money laundering framework, has been satisfied that the bank and/or credit card account where the transfer is to be made to, belongs to the Client; . To this end the Company may request evidence such as bank statements or equivalent;
e. at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The sufficient free margin in his trading account to cover the requested withdrawal amount specified as well as any potential outward payment charges. Free margin is defined as the equity in the withdrawal instruction (including all payment charges) does not exceed 80% trading account less any amount of the Client’s Balance (minus any credit amount provided by us funds kept in reserve as a guarantee to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. support open positions.
f. there is no Force Majeure event which prohibiting prohibits the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email.
21.7. The Client acknowledges and agrees that, where Company cannot be held responsible for delays caused by incomplete documentation or the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestClient’s Bank internal procedures.
20.921.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to accept third party or anonymous payments in the Client’s Trading Account and will not make withdrawals to any other third party or anonymous account. Only in exceptional cases and upon the approval by the relevant compliance department.
20.10. The manner in which we remit monies to you will be in our absolute discretion21.9. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.;
20.1121.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client’s Trading Account for these charges.; For more information regarding the applicable withdrawal charges, please refer to the Company’s website under xxxxx://xxxxx.xxxxxxx/funding-your-account/.
20.1221.11. Withdrawal fees The Client may apply send the request for internal transfer of funds to another Client’s Trading Account held by him with the Company. Such internal transfers shall be subject to the Company’s internal procedures from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.time;
20.1321.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, transfer the Company may be unable to correct the mistake and the Client may have to bear suffer the loss.
20.1421.13. We reserve It is understood that the Client has the right to seek reimbursement withdraw the funds which are not used for margin covering, free from youany obligations from the Client’s Trading Account without closing the said Client’s Trading Account;
21.14. The Client agrees to pay any incurred bank or other third-party payment services provider’s transfer fees when withdrawing funds from the Client’s Trading Account to his designated bank account. The Client is fully responsible for payments details, given to the Company and the Company accepts no responsibility for the Client’s funds, if we receive a charge-back from the Client’s given details are wrong. It is also understood and agreed by the Parties, that the Company accepts no responsibility for any credit card issuer Client unless and until they are deposited into the Company’s bank account(s). It is clarified that the Company has not authorised any Client Introducers or with respect other third parties to accept deposits of Client money on its behalf;
21.15. The Client agrees that any amounts sent by the Client or on the Client’s behalf, will be deposited to the Client’s Trading Account at the value date of the payment received and net of any charges/fees charged by the bank account providers or any other payment method, for intermediary involved in such transaction process. The Company must be satisfied that the sender is the Client or an authorized representative of the Client before making any reason. We may obtain such reimbursement by charging your amount available to the Client’s Trading Account, deducting amounts from future payments owed otherwise the Company reserves the right to yourefund / send back the net amount received to the remitter by the same method as received;
21.16. Withdrawals should be made using the same method used by the Client to fund the Client’s Trading Account and to the same remitter. The Company reserves the right to request further documentation while processing the withdrawal request or to decline a withdrawal request with a specific payment method and suggest another payment method where the Client needs to proceed with a new withdrawal request. The Company reserves the right if it is not satisfied with any documentation provided by the Client, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your to reverse the withdrawal transaction and deposit the amount back to the Client’s Trading Account;
21.17. Any profits made by the Client can only be transferred to a bank account held in the name of the Client, or, if requested by the Client, to a bank account in the name of a first degree relative of the client, provided that the relationship between the client and the third-party account can be reasonably established and documented, and that both the client and his first degree relative have provided the company with prior written consent.
20.1521.18. If we receive, In the event that any amount received by the Client is reversed by the bank account provider at any time and for any reason, a dispute, claim, and/or chargeback the Company will immediately reverse the affected deposit from your credit card issuer or any other payment method you use, you acknowledge that we have the Client’s Trading Account and reserves the right to take reverse any or all other type of transactions effected after the date of the following measuresaffected deposit. It is understood that these actions may result to a negative balance in all or any of the Client’s Trading Account(s);
21.19. It is understood and accepted by the Client that in case there is a negative balance and there are no open positions on the Client’s Trading Account, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your the Company shall manually adjust the Client’s Trading Account back to zero (0), in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(sgoverning legislation (negative balance protection), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.219.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.319.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.419.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.519.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.619.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.819.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request identity of the Client asking for a specific is appropriately verified, (ii) the transfer method and is effected to the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded account that belongs to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.,
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.121.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Trading Account, as determined by the Company in its discretion from time to time.
20.221.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.321.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.421.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.521.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.621.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.821.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank accountac- count, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal with- drawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. with- drawal.
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestWebsite.
20.921.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company Com- pany will not to make withdrawals to any other third party or anonymous account.
20.1021.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1121.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1221.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading AccountAc- count. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1321.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1421.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, to convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All It is understood that all Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount. The minimum withdrawal amount for all payment methods is USD 100, SAR 375, KWD 30 and EUR 90.
20.820.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
20.7.1. the withdrawal instruction includes all necessary information; ;
20.7.2. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
20.7.3. the account where the transfer is to be made belongs to the Client; ;
20.7.4. at the moment of payment: o :
20.7.4.1. the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The or
20.7.4.2. the amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions.
20.7.5. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
20.7.6. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email.
20.7.7. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at in the General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake mistake, and the Client may have to bear the loss.
20.1420.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.14. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: :
20.14.1. immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or and/or
20.14.2. immediately place restrictions on your Trading Account with or without any notice, including: i) :
20.14.2.1. the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) ,
20.14.2.2. the restriction on requesting withdrawals from your Trading Account, and iii) and
20.14.2.3. the restriction on opening new positions on the Trading Platform; ;
20.14.2.4. the duration of the restrictions will be set at the Company’s discretion and/or 20.14.2.5. Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.and/or
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Trading Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.the
20.6. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestWebsite.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Clients’ Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the payment methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.320.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.420.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.520.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.620.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.820.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process shallprocess the Client’s withdrawal request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading within 24 (twenty-four) hours, provided that the withdrawal request is made on a Business Day. In case the Client places , if the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.920.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous accountaccount(s).
20.1020.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.217.1. The Client may deposit funds into the Client’s Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.;
20.317.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Client’s Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.;
20.417.3. If the Client makes a deposit, the Company shall credit the relevant Client’s Trading Account with the relevant amount actually received by the Company within one two (2) Business Day Days following the amount is cleared in the bank account of the Company.Company and relevant compliance procedures;
20.517.4. If the funds sent by the Client are not deposited in the Client’s Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his the Client’s Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.andcertificates;
20.617.5. The Company shall effect make withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.;
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.817.6. Upon the Company receiving an instruction a request from the Client to withdraw funds from the Client Client’s Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was madewithin one (1) Business Day, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following relevant requirements are met: :
a) the withdrawal instruction request includes all necessary required information; ;
b) the instruction request is subject to the right of the Company to require additional information and/or documentation prior to releasing any funds in compliance with the provisions of clause 3.2;
c) the request is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client’s Trading Account or at the Client’s request to a bank account belonging to the Client; ;
d) the Company, in accordance with Anti-money laundering framework, has been satisfied that the bank and/or credit card account where the transfer is to be made to, belongs to the Client; . To this end the Company may request evidence such as bank statements or equivalent;
e) at the moment of payment: o , the Client’s Balance is equal to or higher than the amount specified in the withdrawal instruction (including all payment charges;
f) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting prohibits the Company from effecting the withdrawal. The Company cannot be held responsible for delays caused by incomplete documentation or the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestBank’s internal procedures.
20.917.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to accept third party or anonymous payments in the Client’s Trading Account and will not make withdrawals to any other third party or anonymous account. Only in exceptional cases and upon the approval by the relevant compliancedepartment.
20.10. The manner in which we remit monies to you will be in our absolute discretion17.8. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.;
20.1117.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client’s Trading Account for these charges.thesecharges;
20.1217.10. Withdrawal fees The Client may apply send the request for internal transfer of funds to another Client’s Trading Account held by him with the Company. Such internal transfers shall be subject to the Company’s policy from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.time;
20.1317.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the losssuffer theloss.
20.1417.12. We reserve It is understood that the Client has the right to seek reimbursement withdraw the funds which are not used for margin covering, free from youany obligations from the Client’s Trading Account without closing the said Client’s Trading Account;
17.13. The Client agrees to pay any incurred bank or other third party payment services provider’s transfer fees when withdrawing funds from the Client’s Trading Account to his designated bank account. The Client is fully responsible for payments details, given to the Company and the Company accepts no responsibility for the Client‘s funds, if we receive a charge-back from the Client‘s given details are wrong. It is also understood and agreed by the Parties, that the Company accepts no responsibility for any credit card issuer Client unless and until they are deposited into the Company‘s bank account(s). It is clarified that the Company has not authorised any Client Introducers or with respect other third parties to accept deposits of Client money on its behalf;
17.14. The Client agrees that any amounts sent by the Client or on the Client‘s behalf , will be deposited to the Client‘s Trading Account at the value date of the payment received and net of any charges / fees charged by the bank account providers or any other payment method, for intermediary involved in such transaction process. The Company must be satisfied that the sender is the Client or an authorized representative of the Client before making any reason. We may obtain such reimbursement by charging your amount available to the Client‘s Trading Account, deducting amounts from future payments owed otherwise the Company reserves the right to yourefund / send back the net amount received to the remitter by the same method as received;
17.15. Withdrawals should be made using the same method used by the Client to fund the Client’s Trading Account and to the same remitter. The Company reserves the right to request further documentation while processing the withdrawal request or to decline a withdrawal request with a specific payment method and suggest another payment method where the Client needs to proceed with a new withdrawal request. The Company reserves the right if it is not satisfied with any documentation provided by the Client, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your to reverse the withdrawal transaction and deposit the amount back to the Client‘s Trading Account.;
20.1517.16. If we receive, In the event that any amount received by the Client is reversed by the bank account provider at any time and for any reason, a dispute, claim, and/or chargeback the Company will immediately reverse the affected deposit from your credit card issuer or any other payment method you use, you acknowledge that we have the Client‘s Trading Account and reserves the right to take reverse any or all other type of transactions effected after the date of the following measures, at our discretion: immediately close affected deposit. It is understood that these actions may result to a negative balance in all or any or all of your the Client‘s Trading Account(s);
17.17. It is understood and accepted by the Client that in case there is a negative balance and there are no open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions positions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Client’s Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company, reserves the absolute right to manually adjust the Client’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider back to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit cardzero (0) accordingly.
Appears in 1 contract
Samples: Service Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client with the relevant deposited amount actually received net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of Company. The applicable fees, if any, may be found on the Company’s Website.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: aremet:
a. the withdrawal instruction includes all necessary information; ;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; at ;
x. xx the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. if any;
e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 5.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. ; The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.13. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: ourdiscretion:
a. immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or and/or
b. immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or and/or
c. Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit cardAgreement.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was made, or the next working day if the Clientclient’s request is received outside of normal trading hours, provided that if the following requirements are met: • the withdrawal instruction includes all necessary informationinformation in the Personal Area; • the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; • the account where the transfer is to be made belongs to the Client; • at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. • there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ; • the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It identity of the Client is agreed appropriately verified, (ii) the transfer is effected to the account that if belongs to the client fails Client, (iii) the Client has sufficient funds in his Client Account in order to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9maintain all Open Positions. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you funds will be returned in our absolute discretionthe same method and to the same account from which they originated. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11method. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Terms and Conditions
Deposits and Withdrawals. 20.1. 22.1 The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. 22.2 The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods method accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. 22.3 The Company shall have the right to request from the Client Client, at any time time, any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 22.4 If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client with the relevant amount actually received deposited amount, net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of . The applicable fees, if any, may be found on the Company’s Website.
20.5. 22.5 If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggrees that in order to perform the investigation investigation, the Client shall have to provide the Company with the requested documents and certificates.
20.6. 22.6 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. 22.7 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a. the withdrawal instruction includes all necessary information; ;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; ;
d. at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. if any;
e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 6.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. ; The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 22.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. 22.8 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals proceed with the execution of a withdrawal to any other third party or anonymous account.
20.10. 22.9 The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. 22.10 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. 22.11 Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. 22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.117.1. Client’s funds held on a trading account will be deposited in an institution (the ‘Institution’) specified by the Company, on Client’s behalf. The Trading Account shall funds will be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined segregated by the Company and held in its discretion from time to timeaccordance with applicable regulations in a segregated client account. The Company may hold the funds of different customers in the same account.
20.217.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.317.3. The Client accepts that the funds will be deposited in the trading account on the value date received by the Institution, net of any transfer fees or other charges incurred.
17.4. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.517.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.617.6. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to timeCompany.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.817.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was madeas soon as possible, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; Client (supporting documentation will be requested);
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It identity of the Client is agreed appropriately verified, (ii) the transfer is effected to the account that if belongs to the client fails Client, (iii) the Client has sufficient funds in his Client Account in order to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestmaintain all Open Positions.
20.917.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1017.9. The manner in which we remit monies to you funds will be returned in our absolute discretionthe same method and to the same account from which they originated. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternativemethod.
20.1117.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1217.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees sectionWebsite xxxx.xxxxx.xxx .
20.1317.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. SPINELBRIDGE SERVICES LTD, a company having its registered address at Xxxxxx Xxxxx & Xxxxxxxxx, 0000, Xxxxxxxx, Xxxxxx, complaints can be redirected to xxxxxxxxxx@xxxxxxxxx-xxx.xxx.
20.2. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.220.3. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.320.4. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.420.5. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.520.6. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.620.7. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.720.8. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.820.9. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: ● the withdrawal instruction includes all necessary information; ● the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ● the account where the transfer is to be made belongs to the Client; ● at the moment of payment: o ● the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o ● The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. ● there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ● the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.10. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.11. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.12. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.13. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.14. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.15. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.16. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: ● immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or ● immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(scall(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or ● Terminate the present Agreement and/or ● Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: • the withdrawal instruction includes all necessary information; • the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; • the account where the transfer is to be made belongs to the Client; • at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. • there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. • the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: • immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or • immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or • Terminate the present Agreement and/or • Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.320.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.420.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.520.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.620.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.820.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a) the withdrawal instruction includes all necessary information; information in the Personal Area;
b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c) the account where the transfer is to be made belongs to the Client; ;
d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request identity of the Client asking for a specific is appropriately verified, (ii) the transfer method and is effected to the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded account that belongs to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.,
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client with the relevant deposited amount actually received net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of . The applicable fees, if any, may be found on the Company’s Website.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a. the withdrawal instruction includes all necessary information; ;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; at ;
x. xx the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. if any;
e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 5.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. ; The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.14. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: :
a. immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or and/or
b. immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or and/or
c. Terminate the present Agreement and/or and/or
d. Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.320.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.. Authorised and regulated by the Cyprus Securities and Exchange Commission under License number 343/17
20.420.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.4. The Client accepts that the Funds will be deposited in the Trading Account on the value date received by the Institution, net of any transfer fees or other charges incurred.
20.5. The Company is not obliged to pay interest to the Customer for the Funds deposited.
20.6. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.620.7. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amountCompany.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was made, or the next working day if the Clientclient’s request is received outside of normal trading hours, provided that if the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; Client (supporting documentation will be requested);
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It identity of the Client is agreed appropriately verified, (ii) the transfer is effected to the account that if belongs to the client fails Client, (iii) the Client has sufficient funds in his Client Account in order to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestmaintain all Open Positions.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you funds will be returned in our absolute discretionthe same method and to the same account from which they originated. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method method. Authorised and regulated by the Company has the right to suggest an alternative.Cyprus Securities and Exchange Commission under License number 343/17
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the CompanyC ompany’s Website, at General Fees sectionWebsite xxx.xxxxx.xxx .
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.218.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.318.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of fundsoffunds.
20.418.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.518.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.618.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.Xxx
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.818.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (1) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case charges and the Client has no sufficient funds in his/her Trading Account in order to maintain all Open Positions; or o The amount specified in the withdrawal instruction ;
(including all payment chargese) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there There is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client above-mentioned conditions is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.918.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1018.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.320.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.420.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.520.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.620.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.820.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.920.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.227.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due due, will, unless otherwise agreed or specified by usthe Company, be required in the Currency of the Trading Account, based on your the Client’s country of origin as specified in your the Client’s address and as shall be specified on the Trading Platform.
27.2. We The Company shall not, and you the Client shall not request us to, convert any monies standing to your the Client’s credit or which have been paid by you into your the Client in the Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.327.3. The Company shall have the right to request from the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.427.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following from the date the amount is cleared in the bank account of the Company.
20.527.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his its Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.627.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.827.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
27.7.1. the withdrawal instruction includes all necessary information; information in the Personal Area;
27.7.2. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which where the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
27.7.3. the account where the transfer is to be made belongs to the Client; ;
27.7.4. at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions;
27.7.5. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
27.8. In case any of the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will shall at its sole discretion take any necessary actions to ensure that
27.8.1. the identity of the Client is appropriately verified;
27.8.2. the transfer is effected to the account that belongs to the Client; and
27.8.3. the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.927.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1027.10. The manner in which we remit way the Company remits monies to you the Client will be in our the Company’s absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1127.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1227.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1327.13. Mistakes Errors made by the Company during the transfer of funds shall be refunded to the Client. It is understood that should when the Client provide provides wrong instructions for a transfer, the Company may not be unable able to correct the mistake error and the Client may have to bear the loss.
20.1427.14. We reserve The Company reserves the right to seek reimbursement from youClient, if we receive it receives a charge-charge- back from any credit card issuer or with respect to any other payment method, for any reason. We The Company may obtain such reimbursement by charging your the Client’s Trading Account, deducting amounts from future payments owed to youthe Client, charging your the Client’s credit card or obtaining reimbursement from you the Client by any other lawful means. All bank charges howsoever arising will be deducted from your the Client’s Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.25.1. The Client may deposit and withdraw funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or Agreement by using any other of the payment methods accepted by available in the Company Personal Area from time to time. Minimum deposit requirements as well as withdrawal commissions can be found in the Personal area. The Company will shall not accept third third-party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency.
5.2. The detailed information about deposit options Client shall understand and agree that if the Client uses one method of payment, they will use the same method to withdraw funds unless this is shown on justified at the WebsiteCompany’s discretion. If multiple payment methods are being used, then the concept of proportionality shall apply. The Company shall set the requirements and order to be followed for withdrawals.
20.35.3. The Company shall have the right to request from the Client additional information and/or documentation at any time any documentation to confirm the origin and/or source of funds deposited into the Client Trading Account. This includes but is not limited to: the source of income and source of funds, a video with an identification document, and proof of address. The Company has the right to suspend trading operations on the Client's Trading Account for the time of submission and verification of documents. Verification of documents can last up to 14 calendar days. The Company shall have the right to reject a deposit or a withdrawal of the Client if the Company is not duly satisfied with the information and/or documentation provided and/or collected. The Company has the right to terminate the Agreement with the Client without explaining the reasons and to refuse to provide services to the Client based on the results of the verification in accordance with the internal AML policy.
5.4. The Company shall have the right to reject a deposit of the Client if the provisions of the transfer stated in the Personal Area are not followed.
5.5. The Company has the right to refuse deposit and withdrawal operations in the cases if the email, telephone number, identity, address, and/or other information provided and/or collected is not duly satisfied as fully verified by the Company or up to date, with the legality requirements of such verification vested in the source of fundsCompany’s sole discretion.
20.45.6. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following as soon as practically possible after the amount is cleared in the bank relevant account of the Company.
20.55.7. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking transaction investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Client Trading Account or paid directly to the bank third party performing the investigation. The Client understands and agrees that in order to perform the investigation investigation, the Client shall have to provide the Company with the requested documents and certificates. The Client realizes and accepts that the Company only assists in the investigation but is not responsible for any funds that are not directly deposited into the Company’s accounts.
20.65.8. The Without prejudice to the rest of the provisions of this Agreement, the Company shall will effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to timeClient.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.85.9. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s transaction request to withdraw funds on the same day that the request was madewithout undue delay and, or the next working day where feasible, not later than three (3) Business Days, if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: the :
5.9.1. The withdrawal instruction includes all necessary information; the ;
5.9.2. The instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account Account, or at the Client’s request in case of a disputable situation to a bank an account belonging to the Client; Client (following submission of the relevant evidence);
5.9.3. The account where the transfer is to be made belongs to the Client; at ;
5.9.4. At the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified available funds in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s his Client Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open PositionsAccount;
5.9.5. there There is no Force Majeure event which prohibiting that prohibits the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email.
5.9.6. The Client acknowledges and agrees thathas satisfied any requests from the Company in relation to Know your Customer (KYC), where the requirements outlined in paragraph 20.7 etc.;
5.9.7. The Client’s Personal Area and/or Account are not metblocked, or the Company will be entitled Agreement is not terminated due to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if Client’s violation of the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestAgreement.
20.95.10. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will does not to make permit withdrawals to any other third party or and/or to an anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion5.11. The Company reserves the right to decline a withdrawal request of the Client Client, asking for a specific transfer method method, and the Company has the right to suggest an alternative.
20.115.12. All payment and and/or transfer charges of third parties will may be borne by the Client Client, and the Company shall debit the relevant Client Trading Account for these charges.
20.125.13. Withdrawal fees may apply from time Without prejudice to time depending on the rest of the provisions of the Client or type of Trading AccountAgreement, the Client may send request(s) for fund withdrawal from the Personal Area, and the Company shall undertake to send funds to the Client's account in accordance with the details stated in the request for withdrawal. The applicable fees may Company shall not be found on responsible for the period of transfer following the execution of the withdrawal request.
5.14. In exceptional cases, if the Client requests a withdrawal to an account other than the account from which the deposit was made, the Client warrants that the details provided are correct, that the account can be funded, that the account belongs to the Client, and that the account is in the actual possession of the Client. The Client is solely responsible for the payment details provided by the Client to the Company, and the Company does not accept any responsibility for the Client’s Websitefunds if the payment details the Client has provided to the Company are incorrect or incomplete.
5.15. However, the Company reserves the right, at General Fees section.
20.13. Mistakes made by its sole discretion, to carry out all necessary checks and take measures to ensure that the Company during transfer of funds shall be refunded account actually belongs to the Client. It is understood In that should connection, the Company reserves the right, at its sole discretion, (a) to decline withdrawals via certain specific payment methods; (b) to require another payment method as the one indicated in any withdrawal request, in which instance a new withdrawal request may have to be submitted; and/or (c) to require that further documentation be submitted, as required by applicable Anti-Money Laundering Legislation and/or any other similar rules and regulations applicable to us, before proceeding with any withdrawal request. If the Client fails to provide wrong instructions for confirmation within 7 (seven) days that the account to which the withdrawal is requested belongs to him, the Company has the right to block the Client's Trading Account and not to make a transferwithdrawal until the Client provides sufficient confirmation.
5.16. Without prejudice to the rest of the provisions of the Client Agreement, in the case of the Client Trading Account being closed, its balance will be withdrawn proportionally to the accounts from which deposits were made.
5.17. Unlawful actions with bank cards and/or bank accounts and/or with any other depositing method are exceptions to the aforementioned paragraph. In the case of unlawful action(s), the Company may refund the remaining balance as it deems fit. Should an unlawful action occur, all data may be unable provided to correct the mistake bank and/or credit institution and/or payment service provider and or similar as well as to law enforcement agencies and/or authorities.
5.18. Without prejudice to the rest of the provisions of the Client may have to bear Agreement, where a bank card is used as the loss.
20.14. We reserve depositing method, the Company reserves the right to seek reimbursement place withdrawal limits in its systems. For additional information regarding such withdrawal limits and withdrawal procedures, please refer to your Personal Area. The Company shall undertake to send funds to the Client's account in accordance with the details stated in the request for withdrawal. The Company shall not be responsible for the transfer period. If an account was funded via debit or credit card, a card copy is required to process a withdrawal. The copy must contain the first six (6) digits and the last four (4) digits of the card number, the cardholder’s name, and the expiry date.
5.19. The Company reserves the right to set the minimum deposit amount and minimum withdrawal amount in accordance with the requirements of the payment service provider. The minimum and maximum amounts of deposit and withdrawal are specified on the payment form. Please check the payment service provider’s requirements in advance. Deposits below the minimum amount, as well as those sent by mistake or from youan incompatible payment method may result in the loss of funds; deposits below the minimum amount shall be considered non-refundable. The Сlient acknowledges that the Сlient risks losing funds if the sent amount is below the minimum deposit. The Client acknowledges and agrees that the Company will not be able to process a withdrawal request if the requested amount is less than the minimum withdrawal amount set by the payment service provider. Before submitting a withdrawal request, the Client should ensure that the requested amount is equal to or above the minimum amount required for each withdrawal method. The Client agrees that their funds are subject to forced withdrawal if we receive the Company blocks the Client’s Trading Account and Personal Area. The Client also admits the Company’s right to block the Client’s Trading Account and Personal Area without carrying out a charge-back from any credit card issuer or with respect withdrawal if the Client’s funds are below the minimum withdrawal amount set by the payment service provider. Internal transfer:
5.20. The Client may request a transfer of funds to any other payment method, for any reason. We may obtain such reimbursement by charging your another Trading Account, deducting amounts from future payments owed provided the latter trading account supports the relevant fund deposit/withdrawal method. Internal transfer shall be executed only between accounts of the same type or between different types of accounts if the transfer amount is greater than the required minimum initial deposit.
5.21. The Company shall process the transfer of funds to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your another Trading Account in the currency of that Trading Account.
20.155.22. If we receivean error in the request for the transfer of funds to another account was made by the Client, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have and this resulted in the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Company depositing funds into an incorrect Trading Account, even the Client may not be refunded.
5.23. The Company may decline any internal transfer without any reasoning in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, its sole discretion.
5.24. Transfer between third parties is not possible except for internal transfers between a Partner and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove his clients that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit cardare processed manually as well.
Appears in 1 contract
Samples: FBS Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third third-party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.320.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.420.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.520.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.620.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.820.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Client Portal;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.920.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third third-party or anonymous account.
20.1020.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. 20.1 The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Trading Account, as determined by the Company in its discretion from time to time.
20.2. 20.2 The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. 20.3 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 20.4 If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. 20.5 If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. 20.6 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. 20.7 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a) the withdrawal instruction includes all necessary information; information in the Personal Area;
b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited deposit- ed in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c) the account where the transfer is to be made belongs to the Client; ;
d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestWebsite.
20.9. 20.8 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. 20.9 The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. 20.10 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. 20.11 Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. 20.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. 20.13 We reserve the right to seek reimbursement from you, if we receive a charge-charge back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.218.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.318.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.418.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.518.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.618.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.818.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Client Area;
(b) the minimum amount for wire withdrawal shall be equal to USD 250 and above;
(c) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(d) the account where the transfer is to be made belongs to the Client; ;
(e) at the moment of payment: o , the Client’s balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case charges and the Client has no sufficient funds in his/her Trading Account in order to maintain all Open Positions; or o The amount specified in the withdrawal instruction ;
(including all payment chargesf) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client above-mentioned conditions is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is affected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.918.7. It is agreed and understood that withdrawals will only be effected affected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1018.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.218.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.318.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.418.3. Client can make deposit up to $2k without verification however they are required to verify the account on withdrawal or for the deposits above $2k.
18.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.518.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.618.6. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.Xxx
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.818.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (1) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case charges and the Client has no sufficient funds in his/her Trading Account in order to maintain all Open Positions; or o The amount specified in the withdrawal instruction ;
(including all payment chargese) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there There is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client above-mentioned conditions is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.918.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1018.9. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1218.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1318.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: the withdrawal instruction includes all necessary information; the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; the account where the transfer is to be made belongs to the Client; at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.14. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.219.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.319.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.419.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.519.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.619.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.819.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was made, or the next working day if the Clientclient’s request is received outside of normal trading hours, provided that if the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request identity of the Client asking for a specific is appropriately verified, (ii) the transfer method and is effected to the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded account that belongs to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.,
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.218.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.318.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.418.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.518.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.618.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.818.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Client Area;
(b) the minimum amount for wire withdrawal shall be USD 250 and above;
(c) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(d) the account where the transfer is to be made belongs to the Client; ;
(e) at the moment of payment: o , the Client’s balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case charges and the Client has no sufficient funds in his/her Trading Account in order to maintain all Open Positions; or o The amount specified in the withdrawal instruction ;
(including all payment chargesf) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client above-mentioned conditions is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request identity of the Client asking for a specific is appropriately verified, (ii) the transfer method and is affected to the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded account that belongs to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and (iii) the restriction on opening new positions on Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the Trading Platform; the duration of the restrictions will be time period set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit cardout in paragraph.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. 22.1 The Client may deposit funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. 22.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 22.3 If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. 22.4 If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. 22.5 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. 22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within three (3) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary required information; ;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o ofpayment, the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. 22.7 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make accept third party or anonymous payments in the Client Account and will not allow t withdrawals to from any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. 22.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. 22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Client Account for these charges.
20.12. 22.10 Withdrawal fees may apply from time to time depending on the Client or type of Trading Accountapply. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1322.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Terms and Conditions
Deposits and Withdrawals. 20.1. 22.1 The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. 22.2 The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. 22.3 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 22.4 If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client with the relevant deposited amount actually received net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of . The applicable fees, if any, may be found on the Company’s Website.
20.5. 22.5 If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. 22.6 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. 22.7 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company Compa ny shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a. the withdrawal instruction includes all necessary information; ;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; ;
d. at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. if any;
e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 6.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. ; The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 22.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that th at if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. 22.8 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. 22.9 The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. 22.10 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. 22.11 Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. 22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. Clien t. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.320.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.420.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.520.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.620.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.820.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.920.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.224.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the payment methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.324.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.424.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.524.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.624.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.824.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading within 24 (twenty-four) hours, provided that the withdrawal request is made on a Business Day. In case the Client places, if the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph 24.6.
20.924.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous accountaccount(s).
20.1024.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1124.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1224.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1324.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1424.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.213.1. The Client may deposit funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.313.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.413.3. If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.513.4. If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.613.5. The Upon satisfying the terms and conditions set out in the Agreement, the Company shall effect withdrawals of Client funds from the Client Account upon the Company receiving a relevant request from the Client duly filled and signed withdrawal form (“Withdrawal Form”) in the method accepted by the Company from time to time.
20.713.6. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the The Company shall process the Client’s request to withdraw funds on payment of the same day that the request was made, or requested withdrawing amount as soon as possible but no later than the next working day if Business Day following the Client’s request is received outside submission of normal trading hoursthe Withdrawal Form, provided that and only if the following requirements are met: :
a) the withdrawal instruction is submitted in a Withdrawal Form, i.e. a form prescribed and accepted by the Company and which includes all necessary required information; , including all mandatory fields in the Withdrawal Form are filled in;
b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request to a provided that such bank account belonging to the Client; the account where the transfer is to be made belongs to the Client; ;
c) the Client has signed the Withdrawal Form and the signature of the Client on the Withdrawal Form corresponds almost exactly to the signature of the Client on his/her official ID document, passport or any other officially verified document accepted by the Company;
d) at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified sufficient funds in the withdrawal instruction (including all payment chargesClient Account and processing of such request will not result in a Client receiving a Margin Call.
e) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will shall at its sole discretion take any necessary actions to ensure that
a) the identity of the Client is appropriately verified,
b) the transfer is affected to the account that belongs to the Client,
c) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.913.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion13.8. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1113.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Client Account for these charges.
20.1213.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Accountapply. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1313.11. The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
13.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All It is understood that all Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount. The minimum withdrawal amount for all payment methods is USD 100, SAR 375, KWD 30 and EUR 90.
20.820.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request resamqeuest to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received Clierenqutest’issreceived outside of normal trading hours, provided that the following requirements are met: B the withdrawal instruction includes all necessary information; B the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank Crleqiueest ntota b’ansk account belonging to the Client; B the account where the transfer is to be made belongs to the Client; B at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount Cli provided by us to the Client’s Trading Account ClieTrnadting’Asccount or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. B there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. B the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous accountanonymousaccount.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s WebsiteCompaWneybsi’tes, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the losstheloss.
20.1420.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.14. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: B immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or B immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will restrictionsand/owr ill be set at the Company’s discretion and/or t B Terminate the present Agreement and/or B Impose a charge of “USD 150cha-research fee” to rrgeeseoafrc“hUSfDee1”50to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: • the withdrawal instruction includes all necessary information; • the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; • the account where the transfer is to be made belongs to the Client; • at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. • there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. • the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.14. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: • immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or • immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or • Terminate the present Agreement and/or • Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.117.1. Client’s funds held on a trading account will be deposited in an institution (the ‘Institution’) specified by the Company, on Client’s behalf. The Trading Account shall funds will be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined segregated by the Company and held in its discretion from time to timeaccordance with applicable regulations in a segregated client account. The Company may hold the funds of different customers in the same account.
20.217.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.317.3. The Client accepts that the funds will be deposited in the trading account on the value date received by the Institution, net of any transfer fees or other charges incurred.
17.4. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.517.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.617.6. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to timeCompany.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.817.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was madeas soon as possible, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; Client (supporting documentation will be requested);
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It identity of the Client is agreed appropriately verified, (ii) the transfer is effected to the account that if belongs to the client fails Client, (iii) the Client has sufficient funds in his Client Account in order to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestmaintain all Open Positions.
20.917.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1017.9. The manner in which we remit monies to you funds will be returned in our absolute discretionthe same method and to the same account from which they originated. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternativemethod.
20.1117.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1217.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees sectionWebsite trading fees .
20.1317.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.214.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.314.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.414.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.514.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.614.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.814.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was made, or the next working day if the Clientclient’s request is received outside of normal trading hours, provided that if the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It identity of the Client is agreed appropriately verified, (ii) the transfer is effected to the account that if belongs to the client fails Client, (iii) the Client has sufficient funds in his Client Account in order to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestmaintain all Open Positions.
20.914.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1014.8. The manner in which we remit monies to you funds will be returned in our absolute discretionthe same method and to the same account from which they originated. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternativemethod.
20.1114.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1214.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1314.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1414.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.219.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.319.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.419.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.519.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.619.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.819.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was made, or the next working day if the Clientclient’s request is received outside of normal trading hours, provided that if the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It identity of the Client is agreed appropriately verified, (ii) the transfer is effected to the account that if belongs to the client fails Client, (iii) the Client has sufficient funds in his Client Account in order to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestmaintain all Open Positions.
20.919.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1019.8. The manner in which we remit monies to you funds will be returned in our absolute discretionthe same method and to the same account from which they originated. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternativemethod.
20.1119.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1219.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1319.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1419.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.320.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.420.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.520.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.620.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to timeCompany.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.820.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was made, or the next working day if the Clientclient’s request is received outside of normal trading hours, provided that if the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; Client (supporting documentation will be requested);
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request identity of the Client asking for a specific is appropriately verified, (ii) the transfer method and is effected to the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded account that belongs to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.,
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.218.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.318.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.418.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.518.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.618.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.818.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a. the withdrawal instruction includes all necessary information; information in the Client Area;
b. the minimum amount for wire withdrawal shall be USD 250 and above;
c. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
d. the account where the transfer is to be made belongs to the Client; ;
e. at the moment of payment: o , the Client’s balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case charges and the Client has no sufficient funds in his/her Trading Account in order to maintain all Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. ;
f. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client above-mentioned conditions is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is affected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.918.7. It is agreed and understood that withdrawals will only be effected affected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1018.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1218.9. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1318.10. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1418.11. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.117.1. Client’s funds held on a trading account will be deposited in an institution (the ‘Institution’) specified by the Company, on Client’s behalf. The Trading Account shall funds will be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined segregated by the Company and held in its discretion from time to timeaccordance with applicable regulations in a segregated client account. The Company may hold the funds of different customers in the same account.
20.217.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.317.3. The Client accepts that the funds will be deposited in the trading account on the value date received by the Institution, net of any transfer fees or other charges incurred.
17.4. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.517.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.617.6. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to timeCompany.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.817.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was madeas soon as possible, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; Client (supporting documentation will be requested);
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It identity of the Client is agreed appropriately verified, (ii) the transfer is effected to the account that if belongs to the client fails Client, (iii) the Client has sufficient funds in his Client Account in order to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestmaintain all Open Positions.
20.917.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1017.9. The manner in which we remit monies to you funds will be returned in our absolute discretionthe same method and to the same account from which they originated. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternativemethod.
20.1117.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges. xxx.xxxx.xxxxx.xxx .
20.1217.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1317.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.21.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.31.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of fundsoffunds.
20.41.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.51.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.61.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.81.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (1) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case charges and the Client has no sufficient funds in his/her Trading Account in order to maintain all Open Positions; or o The amount specified in the withdrawal instruction ;
(including all payment chargese) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client above-mentioned conditions is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.91.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.101.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.218.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.318.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.418.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.518.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.618.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.818.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (1) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; Charlgate SVG LLC
(d) at the moment of payment: o , the Client’s balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case charges and the Client has no sufficient funds in his/her Trading Account in order to maintain all Open Positions; or o The amount specified in the withdrawal instruction ;
(including all payment chargese) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client above-mentioned conditions is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.918.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1018.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.218.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.318.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of depositof the Client if the Company is not duly satisfied as satisfiedas to the legality of the source of funds.
20.418.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.518.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.618.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.Xxx
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.818.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (1) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case charges and the Client has no sufficient funds in his/her Trading Account in order to maintain all Open Positions; or o The amount specified in the withdrawal instruction ;
(including all payment chargese) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there There is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client above-mentioned conditions is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.918.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1018.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. 23.1 The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. 23.2 The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. 23.3 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 23.4 If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client with the relevant deposited amount actually received net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of . The applicable fees, if any, may be found on the Company’s Website.
20.5. 23.5 If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. 23.6 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. 23.7 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a. the withdrawal instruction includes all necessary information; ;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; ;
d. at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. if any;
e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 6.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. ; The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 22.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. 23.8 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. 23.9 The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. 23.10 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. 23.11 Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. 23.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client with the relevant deposited amount actually received net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of Company. The applicable fees, if any, may be found on the Company’s Website.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a. the withdrawal instruction includes all necessary information; ;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; at ;
x. xx the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. if any;
e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 5.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. ; The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.13. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: :
a. immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or and/or
b. immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or and/or
c. Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit cardAgreement.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.213.1. The Client may deposit funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.313.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.413.3. If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.513.4. If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.613.5. The Upon satisfying the terms and conditions set out in the Agreement, the Company shall effect execute withdrawals of Client funds from the Client Account upon the Company receiving a relevant request from the Client duly filled and signed withdrawal form (“Withdrawal Form”) in the method accepted by the Company from time to time.
20.713.6. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the The Company shall process the Client’s request to withdraw funds on payment of the same day that the request was made, or requested withdrawing amount as soon as possible but no later than the next working day if Business Day following the Client’s request is received outside submission of normal trading hoursthe Withdrawal Form, provided that and only if the following requirements are met: :
a) the withdrawal instruction is submitted in a Withdrawal Form, i.e. a form prescribed and accepted by the Company and which includes all necessary required information; , including all mandatory fields in the Withdrawal Form are filled in;
b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request to a provided that such bank account belonging to the Client; the account where the transfer is to be made belongs to the Client; ;
c) the Client has signed the Withdrawal Form and the signature of the Client on the Withdrawal Form corresponds almost exactly to the signature of the Client on his/her official ID document, passport or any other officially verified document accepted by the Company;
d) at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified sufficient funds in the withdrawal instruction (including all payment chargesClient Account and processing of such request will not result in a Client receiving a Margin Call.
e) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.913.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion13.8. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative. The Company reserves the right to reasonably decline a withdrawal request of the Client, in case where the necessary information is not provided by the Client. The Company reserves the right to request evidence from the Client that an account is in Client’s name before effecting such request. In case where Client deposits funds using a credit card, the Comapny reserves the right to remit funds back to the credit card used for the deposit.
20.1113.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Client Account for these charges. The Company is unable to be aware of the actual costs related to the Client’s withdrawal transaction, as this may differ between institutions.
20.1213.10. Withdrawal fees The Client may apply send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees sectiontime.
20.1313.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, transfer the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.124.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according acknowledges that bank wiring instructions are only provided to the type of Client Account, as determined him by the Company in its discretion from time to timealong with the account details and confirmation letter.
20.224.2. The Company does not accept funds for any trading account via a third party. Restrictions on third party payments are set by banks and their respective authorities, which have developed extensive procedures, regulations, and laws to stop the transfer of illegal funds, commonly known as money laundering. This agreement provides the client with the assurance that funds from his account are never paid out to another party.
24.3. The client's trading account must be established for trading purposes only. The company is not a bank, nor does it keep deposits as a bank. The company keeps deposits only to maintain margins supporting the trading account and trading activities.
24.4. The Company actively complies with all anti-money laundering laws and regulations under all applicable domestic laws. On an ongoing basis, the company shall review clients' account activity for evidence of suspicious transactions that may be indicative of money laundering activities. This review may include surveillance of:
(a) Money flows into and out of accounts.
(b) The origin and destination of wire transfers.
(c) Other activity outside the normal course of business.
24.5. The Client may deposit funds into the Trading Client Account at any time during the course of this Agreementtime. Deposits will be made via wire transfer accepted by bank transfer, debit / credit card, Skrill, or any other method of electronic money transfer (where the methods accepted by originator is the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted Client) acceptable by the Company from time to time.
20.724.6. All Trading Account The Company will effect withdrawals are subject of Client funds, either upon the receipt of a form bearing the signature of the Client which must match the specimen signature of the Client provided by him to a minimum 100 USD (the Company and if accordance to clause 24.7. or equivalent) upon an application for withdrawal amountmade via the Member Area.
20.824.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five Business Days once, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: the :
(a) The withdrawal instruction includes all necessary information; the ;
(b) The instruction is to make a bank transfer to the originating account of the client; and
(whether that is a bank account, a payment system account etc.c) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; the account where the transfer is to be made belongs to the Client; at At the moment of payment: o , the client’s free margin exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.924.8. It is agreed and understood that withdrawals Withdrawals will only be effected affected towards the Client. The Company will has the right in its absolute discretion not to make affect withdrawals to any other third party or account. The Company will not affect withdrawals to anonymous accountaccounts.
20.10. The manner in which we remit monies to you will be in our absolute discretion24.9. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1124.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Client Account for these charges.
20.1224.11. Withdrawal fees may apply from time to time depending on If the Client or type of Trading Account. The applicable fees may be found on has any obligation to pay any amount to the Company’s Website, at General Fees sectionCompany which exceeds the Equity in the Client Account the Client shall pay the excess amount immediately once the obligation arises.
20.1324.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should If the Client provide wrong instructions for makes a payment by bank transfer, by credit card or any other method of electronic money transfer, the Company may be unable to correct the mistake and shall credit the Client may have to bear Account with the lossrelevant amount within one Business Day after the amount is cleared in the bank account of the Company.
20.1424.13. We reserve Where a payment is due to the right Company by the Client but enough cleared funds are not yet credited to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading the Client Account, deducting amounts from future the Company shall be entitled to treat the Client as having failed to make a payment to the Company and to close out the Client’s Open Positions, exercise other default remedies against the Client and exercise its rights under the Agreement.
24.14. The Client shall effect any margin payments owed or other sums due and payable to youthe Company in Euros, charging your credit card Great Britain Pounds, Swiss Francs, US dollars or obtaining reimbursement from you by any other lawful meansJapanese Yen. All bank charges howsoever arising The payment amount will be deducted from your Trading Accountconverted into the Currency of the Client Account at the rate determined by the bank of the Company.
20.1524.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account Any amount which is not paid in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions clause 24 on the Trading Platform; the duration of the restrictions will be set due date thereof shall bear interest at the CompanyApplicable Rate plus 4% per annum, for each day for which such amount remains unpaid.
24.16. The Client is fully responsible for the payment details given to the Company and the Company accepts no responsibility for the Client’s discretion and/or Terminate funds, if the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving details provided by the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit cardClient are wrong.
Appears in 1 contract
Samples: CFDS Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.213.1. The Client may deposit funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.313.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.413.3. If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.513.4. If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.613.5. The Upon satisfying the terms and conditions set out in the Agreement, the Company shall effect execute withdrawals of Client funds from the Client Account upon the Company receiving a relevant request from the Client duly filled and signed withdrawal form (“Withdrawal Form”) in the method accepted by the Company from time to time.
20.713.6. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the The Company shall process the Client’s request to withdraw funds on payment of the same day that the request was made, or requested withdrawing amount as soon as possible but no later than the next working day if Business Day following the Client’s request is received outside submission of normal trading hoursthe Withdrawal Form, provided that and only if the following requirements are met: the withdrawal instruction is submitted in a Withdrawal Form, i.e. a form prescribed and accepted by the Company and which includes all necessary required information; , including all mandatory fields in the Withdrawal Form are filled in;
a) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request to a provided that such bank account belonging to the Client; the account where the transfer is to be made belongs to the Client; ;
b) the Client has signed the Withdrawal Form and the signature of the Client on the Withdrawal Form corresponds almost exactly to the signature of the Client on his/her official ID document, passport or any other officially verified document accepted by the Company;
c) at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified sufficient funds in the withdrawal instruction (including all payment chargesClient Account and processing of such request will not result in a Client receiving a Margin Call.
d) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request identity of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.appropriately verified,
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1
22.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.222.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing Any deposits made to your credit or which have been paid by you into your a currency other than the Currency of the Trading Account shall be converted based on the market price at the time according to the Currency Conversion Fees found in one currency to another currencyAppendix II herein. The detailed information about deposit options is shown on the Website.
20.322.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.422.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.522.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.622.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.822.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a) the withdrawal instruction includes all necessary information; information in the Personal Area;
b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c) the account where the transfer is to be made belongs to the Client; ;
d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestWebsite.
20.922.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account. This means that the Company will send the funds back to the same source from which the Company has received the funds from the Client and in the same currency in which the Company has received the funds from the Client, regardless the services the Client used and unless the Company determines otherwise.
20.1022.9. If the amount available for withdrawal by wire transfer is an amount equal to or below to 10 USD (ten) and/or equivalent amount in other currency, the Company will decline to process the withdrawal and such amount will remain available in the Client’s Account.
22.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1122.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1222.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1322.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Trading Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will Will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will Will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due willWill, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm conflrm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the ofthe Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the ofthe transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a) the withdrawal instruction includes all necessary informationinformation in the Personal Area; b) the instruction is to isto make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s 's request to a bank account belonging to the Client; c) the account where the transfer is to be made belongs to the Client; at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.;
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on within five working days from the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hourshours the five working days will count from the next working day of the client’s request receipt, provided that the following requirements are met: ● the withdrawal instruction includes all necessary information; . ● the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; . ● the account where the transfer is to be made belongs to the Client; . ● at the moment of payment: o ● the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o ● The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. ● there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ● the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: ● immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or ● immediately place restrictions on your Trading Account with or without any notice, including: :
i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(scall(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or ● Terminate the present Agreement and/or ● Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. 22.1 The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. 22.2 The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods method accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. 22.3 The Company shall have the right to request from the Client Client, at any time time, any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 22.4 If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client with the relevant amount actually received deposited amount, net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of . The applicable fees, if any, may be found on the Company’s Website.
20.5. 22.5 If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggrees that in order to perform the investigation investigation, the Client shall have to provide the Company with the requested documents and certificates.
20.6. 22.6 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. 22.7 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a. the withdrawal instruction includes all necessary information; ;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; ;
d. at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. if any;
e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 6.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. ; The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 22.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. 22.8 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals proceed with the execution of a withdrawal to any other third party or anonymous account.
20.10. 22.9 The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. 22.10 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. 22.11 Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.Trading
20.13. 22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.25.1. The Client may deposit and withdraw funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or Agreement by using any other of the payment methods accepted by available in the Company Personal Area from time to time. Minimum deposit requirements as well as withdrawal commissions can be found in the Personal area. The Company will shall not accept third third-party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency.
5.2. The detailed information about deposit options Client shall understand and agree that if the Client uses one method of payment, they will use the same method to withdraw funds unless this is shown on justified at the WebsiteCompany’s discretion. If multiple payment methods are being used, then the concept of proportionality shall apply. The Company shall set the requirements and order to be followed for withdrawals.
20.35.3. The Company shall have the right to request from the Client additional information and/or documentation at any time any documentation to confirm the origin and/or source of funds deposited into the Client Trading Account. This includes but is not limited to: the source of income and source of funds, a video with an identification document, and proof of address. The Company has the right to suspend trading operations on the Client's Trading Account for the time of submission and verification of documents. Verification of documents can last up to 14 calendar days. The Company shall have the right to reject a deposit or a withdrawal of the Client if the Company is not duly satisfied with the information and/or documentation provided and/or collected. The Company has the right to terminate the Agreement with the Client without explaining the reasons and to refuse to provide services to the Client based on the results of the verification in accordance with the internal AML policy.
5.4. The Company shall have the right to reject a deposit of the Client if the provisions of the transfer stated in the Personal Area are not followed.
5.5. The Company has the right to refuse deposit and withdrawal operations in the cases if the email, telephone number, identity, address, and/or other information provided and/or collected is not duly satisfied as fully verified by the Company or up to date, with the legality requirements of such verification vested in the source of fundsCompany’s sole discretion.
20.45.6. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following as soon as practically possible after the amount is cleared in the bank relevant account of the Company.
20.55.7. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking transaction investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Client Trading Account or paid directly to the bank third party performing the investigation. The Client understands and agrees that in order to perform the investigation investigation, the Client shall have to provide the Company with the requested documents and certificates. The Client realizes and accepts that the Company only assists in the investigation but is not responsible for any funds that are not directly deposited into the Company’s accounts.
20.65.8. The Without prejudice to the rest of the provisions of this Agreement, the Company shall will effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to timeClient.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.85.9. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s transaction request to withdraw funds on the same day that the request was madewithout undue delay and, or the next working day where feasible, not later than three (3) Business Days, if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: the :
5.9.1. The withdrawal instruction includes all necessary information; the ;
5.9.2. The instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account Account, or at the Client’s request in case of a disputable situation to a bank an account belonging to the Client; Client (following submission of the relevant evidence);
5.9.3. The account where the transfer is to be made belongs to the Client; at ;
5.9.4. At the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified available funds in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s his Client Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open PositionsAccount;
5.9.5. there There is no Force Majeure event which prohibiting that prohibits the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email;
5.9.6. The Client acknowledges and agrees thathas satisfied any requests from the Company in relation to Know your Customer (KYC), where the requirements outlined in paragraph 20.7 etc.;
5.9.7. The Client’s Personal Area and/or Account are not metblocked, or the Company will be entitled Agreement is not terminated due to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if Client’s violation of the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestAgreement.
20.95.10. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will does not to make permit withdrawals to any other third party or and/or to an anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion5.11. The Company reserves the right to decline a withdrawal request of the Client Client, asking for a specific transfer method method, and the Company has the right to suggest an alternative.
20.115.12. All payment and and/or transfer charges of third parties will may be borne by the Client Client, and the Company shall debit the relevant Client Trading Account for these charges.
20.125.13. Withdrawal fees may apply from time Without prejudice to time depending on the rest of the provisions of the Client or type of Trading AccountAgreement, the Client may send request(s) for fund withdrawal from the Personal Area, and the Company shall undertake to send funds to the Client's account in accordance with the details stated in the request for withdrawal. The applicable fees may Company shall not be found on responsible for the period of transfer following the execution of the withdrawal request.
5.14. In exceptional cases, if the Client requests a withdrawal to an account other than the account from which the deposit was made, the Client warrants that the details provided are correct, that the account can be funded, that the account belongs to the Client, and that the account is in the actual possession of the Client. The Client is solely responsible for the payment details provided by the Client to the Company, and the Company does not accept any responsibility for the Client’s Websitefunds if the payment details the Client has provided to the Company are incorrect or incomplete.
5.15. However, the Company reserves the right, at General Fees section.
20.13. Mistakes made by its sole discretion, to carry out all necessary checks and take measures to ensure that the Company during transfer of funds shall be refunded account actually belongs to the Client. It is understood In that should connection, the Company reserves the right, at its sole discretion, (a) to decline withdrawals via certain specific payment methods; (b) to require another payment method as the one indicated in any withdrawal request, in which instance a new withdrawal request may have to be submitted; and/or (c) to require that further documentation be submitted, as required by applicable Anti-Money Laundering Legislation and/or any other similar rules and regulations applicable to us, before proceeding with any withdrawal request. If the Client fails to provide wrong instructions for confirmation within 7 (seven) days that the account to which the withdrawal is requested belongs to him, the Company has the right to block the Client's Trading Account and not to make a transferwithdrawal until the Client provides sufficient confirmation.5.16. Without prejudice to the rest of the provisions of the Client Agreement, in the case of the Client Trading Account being closed, its balance will be withdrawn proportionally to the accounts from which deposits were made.
5.16. Without prejudice to the rest of the provisions of the Client Agreement, in the case of the Client Trading Account being closed, its balance will be withdrawn proportionally to the accounts from which deposits were made.
5.17. Unlawful actions with bank cards and/or bank accounts and/or with any other depositing method are exceptions to the aforementioned paragraph. In the case of unlawful action(s), the Company may refund the remaining balance as it deems fit. Should an unlawful action occur, all data may be unable provided to correct the mistake bank and/or credit institution and/or payment service provider and or similar as well as to law enforcement agencies and/or authorities.
5.18. Without prejudice to the rest of the provisions of the Client may have to bear Agreement, where a bank card is used as the loss.
20.14. We reserve depositing method, the Company reserves the right to seek reimbursement place withdrawal limits in its systems. For additional information regarding such withdrawal limits and withdrawal procedures, please refer to your Personal Area. The Company shall undertake to send funds to the Client's account in accordance with the details stated in the request for withdrawal. The Company shall not be responsible for the transfer period. If an account was funded via debit or credit card, a card copy is required to process a withdrawal. The copy must contain the first six (6) digits and the last four (4) digits of the card number, the cardholder’s name, and the expiry date.
5.19. The Company reserves the right to set the minimum deposit amount and minimum withdrawal amount in accordance with the requirements of the payment service provider. The minimum and maximum amounts of deposit and withdrawal are specified on the payment form. Please check the payment service provider’s requirements in advance. Deposits below the minimum amount, as well as those sent by mistake or from youan incompatible payment method may result in the loss of funds; deposits below the minimum amount shall be considered non-refundable. The Сlient acknowledges that the Сlient risks losing funds if the sent amount is below the minimum deposit. The Client acknowledges and agrees that the Company will not be able to process a withdrawal request if the requested amount is less than the minimum withdrawal amount set by the payment service provider. Before submitting a withdrawal request, the Client should ensure that the requested amount is equal to or above the minimum amount required for each withdrawal method. The Client agrees that their funds are subject to forced withdrawal if we receive the Company blocks the Client’s Trading Account and Personal Area. The Client also admits the Company’s right to block the Client’s Trading Account and Personal Area without carrying out a charge-back from any credit card issuer or with respect withdrawal if the Client’s funds are below the minimum withdrawal amount set by the payment service provider. Internal transfer:
5.20. The Client may request a transfer of funds to any other payment method, for any reason. We may obtain such reimbursement by charging your another Trading Account, deducting amounts from future payments owed provided the latter trading account supports the relevant fund deposit/withdrawal method. Internal transfer shall be executed only between accounts of the same type or between different types of accounts if the transfer amount is greater than the required minimum initial deposit.
5.21. The Company shall process the transfer of funds to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your another Trading Account in the currency of that Trading Account.
20.155.22. If we receivean error in the request for the transfer of funds to another account was made by the Client, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have and this resulted in the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Company depositing funds into an incorrect Trading Account, even the Client may not be refunded.
5.23. The Company may decline any internal transfer without any reasoning in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, its sole discretion.
5.24. Transfer between third parties is not possible except for internal transfers between a Partner and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove his clients that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit cardare processed manually as well.
Appears in 1 contract
Samples: FBS Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: • the withdrawal instruction includes all necessary information; • the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; • the account where the transfer is to be made belongs to the Client; • at the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. • there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. • the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous accountanonymousaccount.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the losstheloss.
20.1420.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.1520.14. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: • immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or • immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or • Terminate the present Agreement and/or • Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.25.1. The Client may deposit and withdraw funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or Agreement by using any other of the payment methods accepted by available in the Company Personal Area from time to time. Minimum deposit requirements as well as withdrawal commissions can be found in the Personal area. The Company will shall not accept third third-party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency.
5.2. The detailed information about deposit options Client shall understand and agree that if the Client uses one method of payment, they will use the same method to withdraw funds unless this is shown on justified at the WebsiteCompany’s discretion. The Company's discretion may be exercised, for example, if a bank card is used as a depositing method, the funds can be withdrawn to the same card within 1 (one) calendar year. After the calendar year, the withdrawal of funds to the bank card will not be available, the Company will offer the Client alternative ways of withdrawal. If multiple payment methods are being used, then the concept of proportionality shall apply. The Company shall set the requirements and order to be followed for withdrawals.
20.35.3. The Company shall have the right to request from the Client additional information and/or documentation at any time any documentation to confirm the origin and/or source of funds deposited into the Client Trading Account. This includes but is not limited to: the source of income and source of funds, a video with an identification document, and proof of address. The Company has the right to suspend trading operations on the Client's Trading Account for the time of submission and verification of documents. Verification of documents can last up to 14 calendar days. The Company shall have the right to reject a deposit or a withdrawal of the Client if the Company is not duly satisfied with the information and/or documentation provided and/or collected. The Company has the right to terminate the Agreement with the Client without explaining the reasons and to refuse to provide services to the Client based on the results of the verification in accordance with the internal AML policy.
5.4. The Company shall have the right to reject a deposit of the Client if the provisions of the transfer stated in the Personal Area are not followed.
5.5. The Company has the right to refuse deposit and withdrawal operations in the cases if the email, telephone number, identity, address, and/or other information provided and/or collected is not duly satisfied as fully verified by the Company or up to date, with the legality requirements of such verification vested in the source of fundsCompany’s sole discretion.
20.45.6. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following as soon as practically possible after the amount is cleared in the bank relevant account of the Company.
20.55.7. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking transaction investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Client Trading Account or paid directly to the bank third party performing the investigation. The Client understands and agrees that in order to perform the investigation investigation, the Client shall have to provide the Company with the requested documents and certificates. The Client realizes and accepts that the Company only assists in the investigation but is not responsible for any funds that are not directly deposited into the Company’s accounts.
20.65.8. The Without prejudice to the rest of the provisions of this Agreement, the Company shall will effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to timeClient.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.85.9. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s transaction request to withdraw funds on the same day that the request was madewithout undue delay and, or the next working day where feasible, not later than three (3) Business Days, if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: the :
5.9.1. The withdrawal instruction includes all necessary information; the ;
5.9.2. The instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account Account, or at the Client’s request in case of a disputable situation to a bank an account belonging to the Client; Client (following submission of the relevant evidence);
5.9.3. The account where the transfer is to be made belongs to the Client; at ;
5.9.4. At the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified available funds in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s his Client Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open PositionsAccount;
5.9.5. there There is no Force Majeure event which prohibiting that prohibits the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email.
5.9.6. The Client acknowledges and agrees thathas satisfied any requests from the Company in relation to Know your Customer (KYC), where the requirements outlined in paragraph 20.7 etc.;
5.9.7. The Client’s Personal Area and/or Account are not metblocked, or the Company will be entitled Agreement is not terminated due to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if Client’s violation of the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestAgreement.
20.95.10. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will does not to make permit withdrawals to any other third party or and/or to an anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion5.11. The Company reserves the right to decline a withdrawal request of the Client Client, asking for a specific transfer method method, and the Company has the right to suggest an alternative.
20.115.12. All payment and and/or transfer charges of third parties will may be borne by the Client Client, and the Company shall debit the relevant Client Trading Account for these charges.
20.125.13. Withdrawal fees may apply from time Without prejudice to time depending on the rest of the provisions of the Client or type of Trading AccountAgreement, the Client may send request(s) for fund withdrawal from the Personal Area, and the Company shall undertake to send funds to the Client's account in accordance with the details stated in the request for withdrawal. The applicable fees may Company shall not be found on responsible for the period of transfer following the execution of the withdrawal request.
5.14. In exceptional cases, if the Client requests a withdrawal to an account other than the account from which the deposit was made, the Client warrants that the details provided are correct, that the account can be funded, that the account belongs to the Client, and that the account is in the actual possession of the Client. The Client is solely responsible for the payment details provided by the Client to the Company, and the Company does not accept any responsibility for the Client’s Websitefunds if the payment details the Client has provided to the Company are incorrect or incomplete.
5.15. However, the Company reserves the right, at General Fees section.
20.13. Mistakes made by its sole discretion, to carry out all necessary checks and take measures to ensure that the Company during transfer of funds shall be refunded account actually belongs to the Client. It is understood In that should connection, the Company reserves the right, at its sole discretion, (a) to decline withdrawals via certain specific payment methods; (b) to require another payment method as the one indicated in any withdrawal request, in which instance a new withdrawal request may have to be submitted; and/or (c) to require that further documentation be submitted, as required by applicable Anti-Money Laundering Legislation and/or any other similar rules and regulations applicable to us, before proceeding with any withdrawal request. If the Client fails to provide wrong instructions for confirmation within 7 (seven) days that the account to which the withdrawal is requested belongs to him, the Company has the right to block the Client's Trading Account and not to make a transferwithdrawal until the Client provides sufficient confirmation.
5.16. Without prejudice to the rest of the provisions of the Client Agreement, in the case of the Client Trading Account being closed, its balance will be withdrawn proportionally to the accounts from which deposits were made.
5.17. Unlawful actions with bank cards and/or bank accounts and/or with any other depositing method are exceptions to the aforementioned paragraph. In the case of unlawful action(s), the Company may refund the remaining balance as it deems fit. Should an unlawful action occur, all data may be unable provided to correct the mistake bank and/or credit institution and/or payment service provider and or similar as well as to law enforcement agencies and/or authorities.
5.18. Without prejudice to the rest of the provisions of the Client may have to bear Agreement, where a bank card is used as the loss.
20.14. We reserve depositing method, the Company reserves the right to seek reimbursement place withdrawal limits in its systems. For additional information regarding such withdrawal limits and withdrawal procedures, please refer to your Personal Area. The Company shall undertake to send funds to the Client's account in accordance with the details stated in the request for withdrawal. The Company shall not be responsible for the transfer period. If an account was funded via debit or credit card, a card copy is required to process a withdrawal. The copy must contain the first six (6) digits and the last four (4) digits of the card number, the cardholder’s name, and the expiry date.
5.19. The Company reserves the right to set the minimum deposit amount and minimum withdrawal amount in accordance with the requirements of the payment service provider. The minimum and maximum amounts of deposit and withdrawal are specified on the payment form. Please check the payment service provider’s requirements in advance. Deposits below the minimum amount, as well as those sent by mistake or from youan incompatible payment method may result in the loss of funds; deposits below the minimum amount shall be considered non-refundable. The Сlient acknowledges that the Сlient risks losing funds if the sent amount is below the minimum deposit. The Client acknowledges and agrees that the Company will not be able to process a withdrawal request if the requested amount is less than the minimum withdrawal amount set by the payment service provider. Before submitting a withdrawal request, the Client should ensure that the requested amount is equal to or above the minimum amount required for each withdrawal method. The Client agrees that their funds are subject to forced withdrawal if we receive the Company blocks the Client’s Trading Account and Personal Area. The Client also admits the Company’s right to block the Client’s Trading Account and Personal Area without carrying out a charge-back from any credit card issuer or with respect withdrawal if the Client’s funds are below the minimum withdrawal amount set by the payment service provider. Internal transfer:
5.20. The Client may request a transfer of funds to any other payment method, for any reason. We may obtain such reimbursement by charging your another Trading Account, deducting amounts from future payments owed provided the latter trading account supports the relevant fund deposit/withdrawal method. Internal transfer shall be executed only between accounts of the same type or between different types of accounts if the transfer amount is greater than the required minimum initial deposit.
5.21. The Company shall process the transfer of funds to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your another Trading Account in the currency of that Trading Account.
20.155.22. If we receivean error in the request for the transfer of funds to another account was made by the Client, and this resulted in the Company depositing funds into an incorrect Trading Account, the Client may not be refunded.
5.23. The Company may decline any internal transfer without any reasoning in its sole discretion.
5.24. Transfer between third parties is not possible except for internal transfers between a Partner and his clients that are processed manually as well. Chargeback
5.25. If the Client initiates chargeback (either intentionally or in error) for any reasondeposit made by the Client to the Account, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the Company reserves the right to take any or all debit the amount of the following measureschargeback initiated by the Client from the Account balance until a decision on the chargeback is received. Also, at our discretion: immediately close if the Client places chargeback (either intentionally or in error) for any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) deposit made by the restriction on making deposits using any payment method Client to your Trading the Account, even in cases of margin calls(s)the Company reserves the right, ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration upon receipt of the restrictions will be set at refund, to charge the CompanyAccount a "100 US Dollars - investigative expense" to Client’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our Company’s merchant provider to cover our Company's investigative expenses, expenses to prove that you the Client did make the deposit deposit, and you the Client hereby authorise us authorize the Company to charge this amount to your Trading Account or Client’s credit card. The Company does not tolerate credit card fraud, and all fraud, without exception, may be prosecuted through criminal proceedings in Client’s local jurisdiction to the fullest extent of the law. In addition, the Company may pursue civil legal action in your local jurisdiction seeking any loss of income related to the fraud, including business, legal fees, research costs, and loss of revenues. Fraudulent transactions are immediately canceled after being detected. Any active Orders associated with the same fraudulent credit card will also be canceled immediately. The Company considers credit card chargebacks to be fraudulent if the Client makes no reasonable effort to work with us to resolve any problems with Client’s deposit. When the Company detects questionable activity related to a deposit that is being made in the Account, the Company will perform fraud detection checks on the deposit to reduce Client’s exposure to risk; during this time, the Client won't be able to access Client’s Account. If the Company determines that a deposit is high-risk or doesn't comply with Company’s fraud and security policies, the deposit will immediately be canceled, and the funds will immediately be refunded to the credit/debit card from which the deposit was initially made. Furthermore, in such instances, the Company reserves the right, at Company’s sole discretion, to close any and all of Client's Account(s) immediately. Any active Orders associated with the same fraudulent credit card and/or the Account will also be canceled immediately.
Appears in 1 contract
Samples: FBS Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.218.1. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.318.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to rightto reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of fundsoffunds.
20.418.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.518.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.618.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.818.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (1) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case charges and the Client has no sufficient funds in his/her Trading Account in order to maintain all Open Positions; or o The amount specified in the withdrawal instruction ;
(including all payment chargese) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the Client above-mentioned conditions is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.918.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1018.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request from the Client at any time any documentation to confirm confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6certificates. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within three (3) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: the The withdrawal instruction includes all necessary required information; the The instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request to a bank account belonging to the Client; the The account where the transfer is to be made belongs to the Client; at At the moment of payment: o , the Client’s Balance exceeds the amount specified specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there There is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make accept third party or anonymous payments in the Client Account and will not allow withdrawals to from any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Client Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Accountapply. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.118.1. Client’s funds held on a trading account will be deposited in an institution (the ‘Institution’) specified by the Company, on Client’s behalf. The Trading Account shall funds will be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined segregated by the Company and held in its discretion from time to timeaccordance with applicable regulations in a segregated client account. The Company may hold the funds of different clients in the same account.
20.218.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.318.3. The Client accepts that the funds will be deposited in the trading account on the value date received by the Institution, net of any transfer fees or other charges incurred.
18.4. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.518.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.618.6. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to timeCompany.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.818.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process the Client’s withdrawal request to withdraw funds on the same day that the request was madeas soon as possible, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary information; information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; Client (supporting documentation will be requested);
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
(f) the Client is must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It identity of the Client is agreed appropriately verified, (ii) the transfer is effected to the account that if belongs to the client fails Client, (iii) the Client has sufficient funds in his Client Account in order to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestmaintain all Open Positions.
20.918.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1018.9. The manner in which we remit monies to you funds will be returned in our absolute discretionthe same method and to the same account from which they originated. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternativemethod.
20.1118.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1218.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees sectionWebsite xxxxx://xxx.xxxxx.xxx/start-trading/tradinghttps://xx.xxxxx.xxx/start- trading/trading-fees#/-fees#/ .
20.1318.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1418.13. We reserve The Company shall refund the Client all amounts deposited in cases where there is unavailability of the requested service.
18.14. Cancellation of orders by the Client or Their authorized representatives will attract an 5% administration fee or penalty(“Fine”). This Fine will only be allowed in circumstance where it is possible to cancel the Order.
18.15. The Company reserves the right not to accept deposits and/or cancel your deposits should the client fail to provide any documentation requested by the Company either for client identification or any other reasons, if the Company has reason to suspect the authenticity of documentation provided, that there Company has reasons to believe that the client could is involved in illegal or fraudulent activities, where the client has informed the company that there bank cards are lost or stolen, where there is a risk of cashback charges, if the client makes of 10 separate deposits and is unable to provide verification of payment methods,
18.16. The client acknowledges that the Supervisory authority has the right to seek reimbursement from you, if we receive a chargeconfiscate your funds on the grounds of anti-back from any credit card issuer money laundering suspicion or with respect to for any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Accountlegal infringement.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. 24.1 The Client may deposit funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. 24.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 24.3 If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. 24.4 If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of 24.5 Clients may withdraw funds from their Client funds Account at any time, upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client AccountClient, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary required information; ;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in Account is verified and the withdrawal instruction client submits any additional information and/or documentation requested by the Company
(including all payment chargesf) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
24.6 Subject to the Client above clause 24.5 the Client’s request to withdraw will be processed within 1 (one) Business Day and once the withdrawal request is fully verified according to Verification guidelines set forth on approved the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not metCompany, the Company will be entitled send for execution to cancel the said withdrawal request and/or request additional information/documentssame bank, credit card or other source from which the funds were debited, as soon as possible. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company Withdrawals will be entitled made to cancel a source in the said withdrawal requestclient’s name.
20.9. 24.7 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. 24.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. 24.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Client Account for these charges.
20.12. 24.10 Withdrawal fees may apply from time to time depending on the Client or type of Trading Accountapply. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1324.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
24.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The 18.1 Clients acknowledge that any deposit of funds in the Trading Account shall be activated upon made in accordance with the Client depositing applicable local and international regulations on money laundering and terrorist financing and as set in the Initial Margin“Account Funding” section on the Company’s Website. The Company shall refuse and decline any third party or anonymous payments.
18.2 Information including but not limited to deposit methods, according to minimum/maximum initial deposit amount, deposit time and fees is set out in the type of Client Account, ‘Account Funding’ section on the Company’s Website as determined by the Company in its discretion amended from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. 18.3 The Company will not accept third reserves the right to refuse and decline any Client Money transferred by Clients to the Client Bank Account in any of the following cases (list is non-exhaustive):
a. Third party or anonymous payments transfers
b. The Company has reasonable grounds of suspicion that the person who made the transfer (i.e. transferee) was not a duly authorized person to perform the payment
c. If the transfer violates in any way the Cyprus legislation. In any of the above cases (list not exhaustive), the Company will send the funds received back to the same remitter by the same method as received and the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in will suffer the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Websiterelevant charges.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. 18.4 If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one to three Business Day following the clearance of such amount is cleared in the bank account of the Company.
20.5. 18.5 If the funds sent by the Client are not deposited in the Trading Account client trading account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the client and deducted from his Trading Account client trading account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have has to provide the Company with the requested documents and certificates.
20.6. 18.6 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client bears no responsibility for any losses suffered in the method accepted by case where during the Company processing period of the Client’s deposit, the Client’s Trading Account reaches a stop-out level.
18.7 Information including but not limited to withdrawal methods, minimum/maximum withdrawal amount, withdrawal time and fees is set out in the ‘Account Funding’ section on the Company’s Website as amended from time to time.
20.7. All Trading Account withdrawals are subject to 18.8 The Company will consider a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, as acceptable and consequently proceed with its execution provided that the following requirements are met: met (list is non-exhaustive):
a. the withdrawal instruction includes all necessary information; information in the Personal Area;
b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
c. the account where the transfer is to be made belongs to the Client; ;
d. at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there ;
e. There is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the .
f. The Client is and must be fully verified according to Verification verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will be entitled shall at its sole discretion take any necessary actions to cancel ensure that (i) the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request identity of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.appropriately verified,
Appears in 1 contract
Samples: Trading Terms and Conditions
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.320.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.420.3. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
20.520.4. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.620.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.820.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
a) the withdrawal instruction includes all necessary information; information in the Personal Area.
b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; .
c) the account where the transfer is to be made belongs to the Client; .
d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges.
e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. .
f) the Client is and must be fully verified according to Verification guidelines set forth on the Website and/or Website. In case any of the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are above-mentioned conditions have not been met, the Company will shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be entitled to cancel processed in a reasonable time, which may exceed the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requesttime period set out in paragraph.
20.920.7. It is agreed and understood that withdrawals will only be effected affected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.27.1. The Client may deposit and withdraw funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or Agreement by using any other of the payment methods accepted by available in the Company Clients Portal from time to time. Minimum deposit requirements as well as withdrawal commissions can be found in the Clients Portal. The Company will does not accept third party or anonymous payments in the Client Account.
7.2. Deposits for Margin The Client shall understand and any other deposits due will, agree that if he/she uses one method of payment he/she will use the same method to withdraw funds unless otherwise agreed or specified by us, be required this is justified in the Currency Company’s discretion. If multiple payment methods are being used, then the concept of the Trading Account, based on your country of origin as specified in your address and as proportionality shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3apply. The Company shall have set the requirements and order to be followed for withdrawals.
7.3. The Company has the right to request the Client at any time any additional information and/or documentation to confirm the origin and/or source of funds deposited into the Client Account. The Company shall have has the right to reject a deposit or a withdrawal of the Client if the Company is not duly satisfied with the information and/or documentation provided and/or collected.
7.4. The Company has the right to reject a deposit of the Client if the provisions of the transfer stated in the Clients Portal are not followed.
7.5. The Company has the right to refuse deposit and withdrawal operations in the cases of the email, telephone number, identity, address and/or other information provided and/or collected is not duly satisfied as fully verified by the Company or up to date, with the legality requirements of such verification vested in the source of fundsCompany’s sole discretion.
20.47.6. If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one Business Day following as soon as practically possible after the amount is cleared in the bank relevant account of the Company.
20.57.7. If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking transaction investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank third party performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.67.8. The Without prejudice to the rest of the provisions of this Agreement, the Company shall will effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in entered on the method accepted by the Company from time to timeClient’s Portal.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.87.9. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s transaction request to withdraw funds on the same day that the request was madewithout undue delay and, or the next working day where feasible, not later than five (5) Business Days, if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: the :
a) The withdrawal instruction includes all necessary information; the ;
b) The instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request in case of disputable situation to a bank an account belonging to the Client; Client (following submission of the relevant evidence);
c) The account where the transfer is to be made belongs to the Client; at ;
d) At the moment of payment: o the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified available funds in the withdrawal instruction (including all payment chargeshis Client Account;
e) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there There is no Force Majeure event which prohibiting prohibits the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. .
f) The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, has satisfied any requests from the Company will be entitled in relation to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one Know your Customer (1) week from the day the request was madeKYC), the Company will be entitled to cancel the said withdrawal requestetc.
20.9g) An Event of Default occurred.
7.10. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.The
20.10. The manner in which we remit monies to you will be in our absolute discretion7.11. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.for
20.117.12. All payment and and/or transfer charges of third parties will may be borne by the Client and the Company shall debit the relevant Trading Client Account for these charges.
20.127.13. Withdrawal fees In the case of a Client Account being closed, its Balance will be withdrawn proportionally to the accounts, from which deposits were made.
7.14. Unlawful actions with bank cards and/or bank accounts and/or with any other depositing method, are exceptions to the aforementioned paragraph. In the case of unlawful action(s), the Company may apply refund the remaining Balance as it deems fit. Should an unlawful action occur, all data may be provided to the bank and/or credit institution and/or payment service provider and or similar as well as to law enforcement agencies and/or authorities.
7.15. In cases where the security type was changed, the Company retains the right to conduct withdrawal(s) after a five (5) Business Days’ period has passed, counting from time the moment that the security type was changed.
7.16. Without prejudice to time depending on the rest of the provisions of the Client or type of Trading AccountAgreement, where a bank card is used as the depositing method, the Company reserves the right to place withdrawal limits in its systems. For additional information regarding such withdrawal limits and withdrawal procedures, please refer to your Client’s Poral. The applicable fees Company shall undertake to send funds to the Client’s account in accordance with the details stated in the request for withdrawal. The Company shall not be responsible for the transfer period.
7.17. In cases where more than thirty (30) days have elapsed since the Client’s trading account was funded by bank card and where during this period no withdrawal of funds has been made from the trading account, withdrawal of funds may be found on made only to the Client’s same bank card and/or in any other method determined appropriate by the Company’s Website, at General Fees section.
20.137.18. Mistakes made by Without prejudice to the rest of the provisions of the Client Agreement, the Client may send request(s) for funds withdrawal from the Clients Portal and the Company during shall undertake to send funds to the Client’s account, in accordance with the details stated in the request for withdrawal. The Company shall not be responsible for the period of transfer following execution of the withdrawal request.
7.19. The Client may request for a transfer of funds to another trading account, provided the latter trading account supports the relevant fund deposit/withdrawal method. Internal transfer shall be executed only between accounts of the same type, or between different types of accounts if the transfer amount is greater than the required minimum initial deposit.
7.20. The Company shall process the transfer of funds to another trading account in the currency of that trading account.
7.21. If during the transfer of the funds between trading accounts, the Company accidentally and/or mistakenly, effects the said transfer to an incorrect trading account, the requested amount of the said transfer shall be refunded to the ClientClient at the expense of the Company.
7.22. It is understood that should If an error in the request for the transfer of funds to another account was made by the Client provide wrong instructions and this resulted in the Company depositing in an incorrect trading account, the Client may not be refunded.
7.23. Any internal transfer may be declined by the Company without any reasoning in its sole discretion.
1. Technical Issues
1.1. The Client is solely responsible for obtaining and/or maintaining compatible equipment necessary to access and use the Trading Platform, which includes at least a transferpersonal computer, internet access and telephone and/or other access line. Access to the internet is an essential feature and the Client shall be solely responsible for any fees necessary, in order to ensure his connectivity to the internet.
1.2. The Client represents and warrants that, he/she has installed and implemented appropriate means of protection relating to the security and integrity of his computer and that he/she has taken appropriate actions to protect his/her system from computer viruses or other similar harmful or inappropriate materials, devices, information or data that may potentially harm the Website, the Trading Platform or other systems of the Company. The Client further undertakes to protect the Company from any wrongful transmissions of computer virus or other similarly harmful or inappropriate material or device to the Company’s Trading Platform from his/her personal computer.
1.3. The Company will not be liable to the Client if his/her computer system fails, damages, destroys and/or formats his/her records and data. Furthermore, if the Client incurs delays and any other form of data integrity problems that are a result of his/her hardware configuration or mismanagement, the Company may will not be unable to correct the mistake and liable.
1.4. The Company will not be liable for any such disruptions and/or delays and/or problems in any communication experienced by the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits while using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within five (5) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
1. the withdrawal instruction includes all necessary information; information in the Personal Area;
2. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; ;
3. the account where the transfer is to be made belongs to the Client; ;
4. at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions;
5. there There is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
6. the The Client is and must be fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal requestWebsite.
20.920.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.1020.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1120.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.1220.11. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1320.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.1420.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.4. If the Client makes a deposit, the Company shall credit the relevant Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.5. If the funds sent by the Client are not deposited in the Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may be deducted from his Trading Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.6. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process the Client’s request to withdraw funds on within five working days from the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hourshours the five working days will count from the next working day of the client’s request receipt, provided that the following requirements are met: ● the withdrawal instruction includes all necessary information; . ● the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Account or at the Client’s request to a bank account belonging to the Client; . ● the account where the transfer is to be made belongs to the Client; . ● at the moment of payment: o ● the amount specified in the withdrawal instruction (including all payment charges) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o ● The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. ● there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ● the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make withdrawals to any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Account for these charges.
20.12. Withdrawal fees may apply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
20.13. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: ● immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or ● immediately place restrictions on your Trading Account with or without any notice, including: :
i) the restriction on making deposits using any payment method to your Trading Account, even in evenin cases of margin calls(scall(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or ● Terminate the present Agreement and/or ● Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
20.16. The Company reserves the right to transfer all funds held in the wallet of the Client to the Client’s Trading account at its own discretion.
Appears in 1 contract
Samples: Client Agreement
Deposits and Withdrawals. 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.222.1. The Client may deposit funds into the Trading Client Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
20.322.2. The Company shall have the right to request from the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
20.422.3. If the Client makes a deposit, the Company shall credit the relevant Trading Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
20.522.4. If the funds sent by the Client are not deposited in the Trading Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation may shall be paid by the Client and deducted from his Trading Client Account or paid directly to the bank performing the investigation. The Client understands and agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
20.622.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client in the method accepted by the Company from time to time.
20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.822.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall process pay the Client’s request to withdraw funds on the same day that the request was madesaid amount within three (3) Business Days, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met: :
(a) the withdrawal instruction includes all necessary required information; ;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Trading Client Account or at the Client’s request to a bank account belonging to the Client; ;
(c) the account where the transfer is to be made belongs to the Client; ;
(d) at the moment of payment: o , the Client’s Balance exceeds the amount specified in the withdrawal instruction (including all payment charges;
(e) does not exceed the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
20.922.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not to make accept third party or anonymous payments in the Client Account and will not allow withdrawals to from any other third party or anonymous account.
20.10. The manner in which we remit monies to you will be in our absolute discretion22.8. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
20.1122.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Trading Client Account for these charges.
20.1222.10. Withdrawal fees may apply from time to time depending on the Client or type of Trading Accountapply. The applicable fees may be found on the Company’s Website, at General Fees section.
20.1322.11. The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Samples: Client Agreement
