Common use of Electronic Trading Clause in Contracts

Electronic Trading. 1. By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platform, in order to be able to give orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. the Client shall destroy any written notification of his security information upon receipt; c. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. the Client shall never write down or record his security information without disguising it, and e. the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 and 9.2.6 have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. the Client’s security information has been learnt or may be misused by any person; b. any unauthorized or irregular transaction was recorded on his Trading Account; c. an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. the Client became a US Reportable Person or ceased to be a resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement. 4. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client remains inactive for a period of 90 concurrent days ('Inactive Account'), his account will be charged with a monthly maintenance fee €10 (Euro ten or the equivalent amount in another currency on the day of deduction of the fee) on the unused credit balance. The client is considered to be inactive if no operations are performed on the Company's trading platform by the Client. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 3 contracts

Samples: Investment Services Agreement, Investment Services Agreement, Investment Services Agreement

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Electronic Trading. 100.0. By Xx accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platformPlatform, in order to be able to give orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 211.2. The Client agrees and declares that: a. the a) The Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. the b) The Client shall destroy any written notification of his security information upon receipt; c. the c) The Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. the d) The Client shall never write down or record his security information without disguising it, and e. e) the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. the f) The Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. g) Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 9.2.a and 9.2.6 9.2.f have been breached. 311.3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. the a) The Client’s security information has been learnt or may be misused by any person; b. any b) Any unauthorized or irregular transaction was recorded on his Trading Account; c. an c) An erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. the d) The Client became a US Reportable Person or ceased to a citizen or resident of Belgium, , Sudan, Syria, Iran, North Korea, Japan or of any other jurisdiction or territory which may be a resident within deemed high risk by the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement.company 411.4. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 511.5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 611.6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 711.7. The Company is not responsible for any power cuts or failures from the clientClient’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 811.8. Telephone instructions related to trading activities, are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 911.9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 1011.10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 1100.00. In Xx case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client remains inactive for a period of 90 concurrent days ('Inactive Account'), his account will be charged with a monthly maintenance fee €10 (Euro ten or the equivalent amount in another currency on the day of deduction of the fee) on the unused credit balance11.12. The client is considered acknowledges and agrees that the Company has the right, at its sole and absolute discretion, and without providing any prior notice to the client, to transfer funds, including client's money, to third party financial institutions, as may be inactive if requested from time to time from the Company under its legal and contractual obligations, and the client will have no operations are performed on claim whatsoever against such transfers of funds. These transfer of funds will remain bound to the Company's trading platform by the Client. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Accountparties' rights, obligations and warranties under this agreement.

Appears in 2 contracts

Samples: Investment Agreement, Terms and Conditions

Electronic Trading. 1. By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platform, in order to be able to give orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. the Client shall destroy any written notification of his security information upon receipt; c. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. the Client shall never write down or record his security information without disguising it, and e. the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 and 9.2.6 have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. the Client’s security information has been learnt or may be misused by any person; b. any unauthorized or irregular transaction was recorded on his Trading Account; c. an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. the Client became a US Reportable Person or ceased to be a resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement. 4. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, activities are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client remains inactive for a period of 90 concurrent days ('Inactive Account'), his account will be charged with a monthly maintenance fee €10 550 INR in volume (Euro ten five hundred fifty Indian rupiah) or the equivalent amount in another currency on the day of deduction of the fee) fee on the unused credit balance. The client is considered to be inactive if no operations are performed on the Company's he did not successfully log in to his trading platform by the Clientaccount for a period of 90 concurrent days. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Investment Services Agreement

Electronic Trading. 1. By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platform, in order to be able to give orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. the Client shall destroy any written notification of his security information upon receipt; c. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. the Client shall never write down or record his security information without disguising it, and e. the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 and 9.2.6 have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. the Client’s security information has been learnt or may be misused by any person; b. any unauthorized or irregular transaction was recorded on his Trading Account; c. an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. the Client became a US Reportable Person or ceased to be a resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement. 4. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, activities are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client remains inactive for a period of 90 concurrent days ('Inactive Account'), his account will be charged with a monthly maintenance fee €10 (Euro ten or the equivalent amount in another currency on the day of deduction of the fee) on the unused credit balance. The client is considered to be inactive if no operations are performed on the Company's he did not successfully login to his trading platform by the Clientaccount for a period of 90 concurrent days. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Investment Services Agreement

Electronic Trading. 1. By accepting this Agreement, the Client is entitled The Company will provide you with Access Codes for gaining online access to apply for access codes, within the Company’s electronic systems website and/or Trading platformtrading platforms, in order thereby being able to place orders for any Financial Instrument available from the Company and entering into Transactions with the Company. Further, you will be able to give orders for trade on the purchase or sale Company’s Trading Platforms with and through the Company with the use of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet smartphone or a smartphoneany other similar device that is connected to the internet. The Client acknowledges and understands In this respect, you understand that the Company reserves the rightcan, at its absolute discretion, to terminate the Client’s your access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own both the Company’s and your interests and to ensure the interests of its Clientssystems’ effectiveness and efficiency. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. 1. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. 2. the Client shall destroy any written notification of his security information upon receipt; c. 3. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. 4. the Client shall never write down or record his security information without disguising it, and e. 5. the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. the 6. The Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. 7. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 and 9.2.6 have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. 1. the Client’s security information has been learnt or may be misused by any person; b. 2. any unauthorized or irregular transaction was recorded on his Trading Account; c. 3. an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. the Client became a US Reportable Person or ceased to be a resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement. 4. ; The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If In the Client event that any account remains inactive i.e no login was detected on the clients’ accounts for a period of 90 concurrent days at least twelve ('Inactive Account'12) months (the “Inactivity period”), his will be considered by the Company as being dormant account and then the Company will have the right to charge a service fee of Euro/USD/GBP 5 per month on your funds held in your account, which amount will be deducted from the current funds in the Account on the 1st day of the month. Please be advised that the aforementioned service fee shall become owing to the Company after the Inactivity period. You will be notified by the Company before the first inactivity fee is charged and once your account will be charged with a monthly maintenance fee €10 (Euro ten or deemed as inactive. For the equivalent amount in another currency on reactivation of an Inactive and/or Dormant Account you must contact the day of deduction of the fee) on the unused credit balance. The client is considered to be inactive if no operations are performed on the Company's trading platform by the Client. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive AccountCompany at xxxxxxx@xxxxxxxxx.xxx.

Appears in 1 contract

Samples: Client Agreement

Electronic Trading. 1. By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platform, in order to be able to give orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. 1. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. 2. the Client shall destroy any written notification of his security information upon receipt; c. 3. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. 4. the Client shall never write down or record his security information without disguising it, and e. 5. the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. 6. the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. 7. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 and 9.2.6 have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. 1. the Client’s security information has been learnt or may be misused by any person; b. 2. any unauthorized or irregular transaction was recorded on his Trading Account; c. 3. an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. 4. the Client became a US Reportable Person or ceased to be a citizen or resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement. 4Australia, Canada, Belgium, Israel, Palestine, Sudan, Syria, Iran, North Korea or Japan. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client remains inactive for a period of 90 concurrent days ('Inactive Account'), his account will be charged with a monthly maintenance fee of 10 (Euro ten or the equivalent amount in another currency on the day of deduction of the fee) 50.00 on the unused credit balance. The client is considered to be inactive if no operations are performed on the Company's trading platform by the Client. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Investment Services Agreement

Electronic Trading. 1. By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platform, in order to be able to give orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. the Client shall destroy any written notification of his security information upon receipt; c. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess guess, such as birthdays and telephone numbers; d. the Client shall never write down or record his security information without disguising it, and e. the Client shall be liable for all orders given through his security information information, and any orders received in this manner by the Company shall be considered to have been given by the Client. f. the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 9.2.a and 9.2.6 9.2.f have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. the Client’s security information has been learnt learned or may be misused by any person; b. any unauthorized or irregular transaction was recorded on his Trading Account; c. an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. the Client became a US Reportable Person or ceased to be a resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement. 4. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform Platform, and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, activities are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-force majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client remains inactive for a period of 90 concurrent consecutive days ('Inactive Account'), his account will be charged with a monthly maintenance fee €10 (Euro ten or the equivalent amount in another currency on the day of deduction of the fee) on the unused credit balance. The client is considered to be inactive if no operations are performed he did not perform any financial activity (i.e. trading on the Company's real (not demo) account or depositing) in his trading platform by the Clientaccount for a period of 90 consecutive days. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Investment Services Agreement

Electronic Trading. 1. By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platform, in order to be able to give orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. the Client shall destroy any written notification of his security information upon receipt; c. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. the Client shall never write down or record his security information without disguising it, and e. the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 and 9.2.6 have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. the Client’s security information has been learnt or may be misused by any person; b. any unauthorized or irregular transaction was recorded on his Trading Account; c. an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. the Client became a US Reportable Person or ceased to be a resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement. 4. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client remains inactive for a period of 90 concurrent days ('Inactive Account'), his account will be charged with a monthly maintenance fee €10 (Euro ten or the equivalent amount in another currency on the day of deduction of the fee) on the unused credit balance. The client is considered to be inactive if no operations are performed on the Company's he did not successfully login to his trading platform by the Clientaccount for a period of 90 concurrent days. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Investment Services Agreement

Electronic Trading. 1. By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platform, in order to be able to give orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. : * the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. ; * the Client shall destroy any written notification of his security information upon receipt; c. ; * the Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. ; * the Client shall never write down or record his security information without disguising it, and e. and * the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. . * the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. . * Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 and 9.2.6 have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. : * the Client’s security information has been learnt or may be misused by any person; b. ; * any unauthorized or irregular transaction was recorded on his Trading Account; c. ; * an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. ; * the Client became a US Reportable Person or ceased to be a citizen or resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present AgreementAustralia, Canada, Belgium, Israel, Palestine, Sudan, Syria, Iran, North Korea or Japan. 4. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client remains inactive for a period of 90 concurrent days ('Inactive Account'), his account will be charged with a monthly maintenance fee of 10 (Euro ten or the equivalent amount in another currency on the day of deduction of the fee) 50.00 on the unused credit balance. The client is considered to be inactive if no operations are performed on the Company's trading platform by the Client. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Agreement for the Provision of Investment Services

Electronic Trading. 1. By accepting this Agreement, the Client is entitled The Company will provide you with Access Codes for gaining online access to apply for access codes, within the Company’s electronic systems website and/or Trading platformtrading platforms, in order thereby being able to place orders for any Financial Instrument available from the Company and entering into Transactions with the Company. Further, you will be able to give orders for trade on the purchase or sale Company’s Trading Platforms with and through the Company with the use of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet smartphone or a smartphoneany other similar device that is connected to the internet. The Client acknowledges and understands In this respect, you understand that the Company reserves the rightcan, at its absolute discretion, to terminate the Client’s your access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own both the Company’s and your interests and to ensure the interests of its Clientssystems’ effectiveness and efficiency. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. 1. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. 2. the Client shall destroy any written notification of his security information upon receipt; c. 3. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. 4. the Client shall never write down or record his security information without disguising it, and e. 5. the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. 6. the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. 7. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 and 9.2.6 have been breached. 3. The In addition, the Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. 1. the Client’s security information has been learnt or may be misused by any other person; b. 2. any unauthorized or irregular transaction was recorded on his his/her Trading Account; c. 3. an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. the Client became a US Reportable Person or ceased to be a resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement. 4. ; The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If In the Client event that an account remains inactive and/or you fail to make any trades with respect to your account for a period of 90 concurrent days 6 months ('Inactive Account'the “Inactivity”), his account will be charged with considered by the Company as being dormant account and then the Company will have the right to charge a monthly maintenance service fee €10 (Euro ten or of Euro/USD/GBP 5 per month on your funds held in your account, which amount will be deducted from the equivalent amount current funds in another currency the Account on the 1st day of deduction the month. Please be advised that the aforementioned service fee shall become owing to the Company retroactively for the 3 proceeding months prior to the Inactivity. You further agree that any Inactive Accounts, having zero balance/equity, shall be considered as Dormant Accounts. For the reactivation of an Inactive and/or Dormant Account you must contact the fee) on the unused credit balance. Company at xxxxxxx@xxxxxxxxxx.xxx The Inactive and/or Dormant Account will then be reactivated subject to, if required, up-to-date client is considered identification documentation to be inactive if no operations are performed on provided to the Company's trading platform by the Client. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Client Agreement

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Electronic Trading. 1. By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platformPlatform, in order to be able to give orders Orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them it in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. the Client shall destroy any written notification of his security information upon receipt; c. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess guess, such as birthdays and telephone numbers; d. the Client shall never write down or record his security information without disguising it, and e. the Client shall be liable for all orders Orders given through his security information information, and any orders Orders received in this manner by the Company shall be considered to have been given by the Client. f. the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and acknowledges that it is his his/her responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to him/her/him. g. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 9(2)(a) and 9.2.6 9(2)(f) have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that:: QuadCode Markets is the trade name of IQOption Europe Limited. IQOption Europe Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (license no. 247/14). a. the Client’s security information has been learnt learned or may be misused by any person; b. any unauthorized or irregular transaction was recorded on his Trading Account; c. an erroneous order Order confirmation or any similar inaccurate or conflicting statement or any information; d. the Client became a US Reportable Person or ceased to be a resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement. 4. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders Orders transmitted to the Company for execution by electronic means other than those orders Orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such ordersOrders. 6. The Company bears no responsibility for any actions or omissions of third parties parties, nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the clientClient’s part that prevent the use of the system and/or the Trading Platform Platform, and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, activities are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order Order shall be valid and in accordance with the type and time of the given orderOrder, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any terminateany transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring QuadCode Markets is the trade name of IQOption Europe Limited. IQOption Europe Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (license no. 247/14). Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-force majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client account remains inactive for a period of 90 concurrent consecutive days ('Inactive Account'), his the account will be charged with a monthly maintenance fee €10 of EUR10 (Euro ten Euro) or the equivalent amount in another currency on the day of deduction of the fee) on the unused credit balance. The client Client account is considered to be inactive if no operations are performed the Client did not perform any financial activity (i.e. trading on the Company's trading platform by the Clientreal (not demo) account or depositing money) in his Trading Account for a period of 90 consecutive days. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Investment Services Agreement

Electronic Trading. (1. ) By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platformPlatform, in order Order to be able to give orders Orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them it in order Order to ensure the effective and efficient operation of its systems and in order Order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. (2. ) The Client agrees and declares that: a. (a) the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him him/her and will not be disclosed to any other person; b. (b) the Client shall destroy any written notification of his security information upon receipt; c. (c) the Client shall avoid choosing numbers, passwords etc. which may be easy to guess guess, such as birthdays and telephone numbers; d. (d) the Client shall never write down or record his security information without disguising it, and e. (e) the Client shall be liable for all orders Orders given through his security information information, and any orders Orders received in this manner by the Company shall be considered to have been given by the Client. f. (f) the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and acknowledges that it is his his/her responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to him/her/him. g. (g) Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 9(2)(a) and 9.2.6 9(2)(f) have been breached. (3. ) The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. (a) the Client’s security information has been learnt learned or may be misused by any person; b. (b) any unauthorized or irregular transaction was recorded on his Trading Account; c. (c) an erroneous order Order confirmation or any similar inaccurate or conflicting statement or any information; d. (d) the Client became a US Reportable Person or ceased to be a resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement. (4. ) The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. (5. ) The Client acknowledges that the Company will not take action based on the orders Orders transmitted to the Company for execution by electronic means other than those orders Orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such ordersOrders. (6. ) The Company bears no responsibility for any actions or omissions of third parties parties, nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. (7. ) The Company is not responsible for any power cuts or failures from the clientClient’s part that prevent the use of the system and/or the Trading Platform Platform, and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. (8) Telephone instructions related to trading activities, activities are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. (9. ) Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order Order shall be valid and in accordance with the type and time of the given orderOrder, as specified. (10. ) The Client acknowledges and agrees that the Company has the right to close terminate any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. (11. ) In case of force-force majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. (12. ) If the Client account remains inactive for a period of 90 concurrent consecutive days ('Inactive Account'), his the account will be charged with a monthly maintenance fee €10 of EUR10 (Euro ten Euro) or the equivalent amount in another currency on the day of deduction of the fee) fee on the unused credit balance. The client Client account is considered to be inactive if no operations are performed the Client did not perform any financial activity (i.e. trading on the Company's trading platform by the Clientreal (not demo) account or depositing money) in his Trading Account for a period of 90 consecutive days. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Investment Services Agreement

Electronic Trading. 1. By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platform, in order to be able to give orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. the Client shall destroy any written notification of his security information upon receipt; c. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. the Client shall never write down or record his security information without disguising it, and e. the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 and 9.2.6 have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. the Client’s security information has been learnt or may be misused by any person; b. any unauthorized or irregular transaction was recorded on his Trading Account; c. an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. the Client became a US Reportable Person or ceased to be a resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present AgreementEuropean Economic Area. 4. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client remains inactive for a period of 90 concurrent days ('Inactive Account'), his account will be charged with a monthly maintenance fee of 10 (Euro ten or the equivalent amount in another currency on the day of deduction of the fee) 10.00 on the unused credit balance. The client is considered to be inactive if no operations are performed on the Company's trading platform by the Client. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Investment Services Agreement

Electronic Trading. 1. By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platform, in order to be able to give orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. 1. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. 2. the Client shall destroy any written notification of his security information upon receipt; c. 3. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. 4. the Client shall never write down or record his security information without disguising it, and e. 5. the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. 6. the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. 7. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 and 9.2.6 have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. 1. the Client’s security information has been learnt or may be misused by any person; b. 2. any unauthorized or irregular transaction was recorded on his Trading Account; c. 3. an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. 4. the Client became a US Reportable Person or ceased to be a citizen or resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present Agreement. 4Australia, Canada, Israel, Palestine, North Korea or Japan. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client remains inactive for a period of 90 concurrent days ('Inactive Account'), his account will be charged with a monthly maintenance fee of 10 (Euro ten or the equivalent amount in another currency on the day of deduction of the fee) 50.00 on the unused credit balance. The client is considered to be inactive if no operations are performed on the Company's trading platform by the Client. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Investment Services Agreement

Electronic Trading. 1. By accepting this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems and/or Trading platform, in order to be able to give orders for the purchase or sale of the Financial Instruments by connecting to the internet through a compatible device such as a personal computer, a tablet or a smartphone. The Client acknowledges and understands that the Company reserves the right, at its absolute discretion, to terminate the Client’s access to the Company’s Trading Platform or part of them in order to ensure the effective and efficient operation of its systems and in order to protect its own interests and the interests of its Clients. In such cases, the Company may close any or all Trading Accounts. 2. The Client agrees and declares that: a. the Client will ensure that the Username and Password issued by the Company in relation to the use of the Service(s) will only be used by him and will not be disclosed to any other person; b. the Client shall destroy any written notification of his security information upon receipt; c. the Client shall avoid choosing numbers, passwords etc. which may be easy to guess such as birthdays and telephone numbers; d. the Client shall never write down or record his security information without disguising it, and e. the Client shall be liable for all orders given through his security information and any orders received in this manner by the Company shall be considered to have been given by the Client. f. the Client is granted an exclusive and non-assignable right to the use of and access to the Trading Account and that it is his responsibility to ensure that no other third party, including, without limitation, to any next of kin and/or to members of his immediate family, shall gain access to and/or trade through the Trading Account assigned to her/him. g. Frequent access and logins to the Trading Account via different IP addresses from different countries and/or via the use of VPN or VPS is an indication that shall reasonably lead the Company to believe that paragraphs 9.2.1 and 9.2.6 have been breached. 3. The Client undertakes to notify the Company immediately if the Client notices or has any reason to suspect that: a. the Client’s security information has been learnt or may be misused by any person; b. any unauthorized or irregular transaction was recorded on his Trading Account; c. an erroneous order confirmation or any similar inaccurate or conflicting statement or any information; d. the Client became a US Reportable Person or ceased to be a resident within the countries specified in section 2 “Provision of Services - List of Countries” of the present AgreementEuropean Economic Area. 4. The Client acknowledges that the provision of the Service(s) may involve information being transported over an open network. Information is therefore transmitted regularly and without control across borders. The Company takes reasonable steps to avoid information being intercepted and read by third parties, by utilizing techniques such as encryption, however it is not always possible to avoid someone other than the Company from gaining access to information about the Client and the Client dealings with the Company. 5. The Client acknowledges that the Company will not take action based on the orders transmitted to the Company for execution by electronic means other than those orders transmitted using the predetermined electronic means such as the Trading Platform, and the Company shall have no liability towards the Client for failing to take action based on such orders. 6. The Company bears no responsibility for any actions or omissions of third parties nor does it bear any responsibility for any damage and/or loss and/or expense caused to the Client or third parties as a result of and/or in relation to any aforesaid action or omission. 7. The Company is not responsible for any power cuts or failures from the client’s part that prevent the use of the system and/or the Trading Platform and cannot be responsible for not fulfilling any obligations under this agreement because of network connection or electricity failures. 8. Telephone instructions related to trading activities, are currently not permitted. The Company reserves the right, at its discretion, to amend this term in the future. 9. Orders can be transmitted to the Company for execution, only within the operating (trading) time. The Client’s order shall be valid and in accordance with the type and time of the given order, as specified. 10. The Client acknowledges and agrees that the Company has the right to close any transaction, at its sole and absolute discretion without providing prior notice to the Client if the underlying asset or contract on which the transaction is based settles on an expiry date as determined by the relevant financial market, in which the said asset is traded (such time referred to as 'Closing Time' and the relevant expiring transaction referred to as an 'Expiring Transaction'). The Company will not be obligated to take actions to roll over an open position in an Expiring Transaction. 11. In case of force-majeure, the Company may suspend, freeze and/or cancel the Client positions and suspend any trading activities on the Trading Platform, and/or suspend the trading of a particular asset and/or request the revision of the executed transactions. 12. If the Client remains inactive for a period of 90 concurrent days ('Inactive Account'), his account will be charged with a monthly maintenance fee €10 (Euro ten or the equivalent amount in another currency on the day of deduction of the fee) on the unused credit balance. The client is considered to be inactive if no operations are performed on the Company's trading platform by the Client. It should be made clear that any maintenance fees shall not exceed the total balance of such Inactive Account.

Appears in 1 contract

Samples: Investment Services Agreement

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