MARGIN AND DEPOSIT REQUIREMENTS. 18.1 In order to open a Transaction for an Instrument, you undertake to provide the Initial Margin in your Trading Account. In order to keep a Transaction open, you undertake to ensure that the amount in your Trading Account exceeds the Maintenance Margin. You acknowledge that the Margin for each Instrument differs and may be changed by us in our sole discretion from time to time. Deposits into your Trading Account can be made by bank transfer or another method of payment approved by us (for example, credit card, debit card or Skrill) to a bank account, or other location, as we may notify to you from time to time. Based on the amount of money you have in your Trading Account, we retain the right to limit the amount and total number of open Transactions that you may wish to open or currently maintain on the Trading Platform. 18.2 Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in your base currency, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. 18.3 If you have made a payment to us in a different currency, we may pass on to you all commissions or other charges which we incur in any currency conversion. 18.4 You are aware and acknowledge that we may, enquire whether you wish to increase the amount in your Trading Account by sending you a Margin Alert . A Margin Alert may be based upon a number of factors, including without limitation, your overall position with us, your account size, the number of open Transactions you have, volume traded, your trade history and market conditions. No previous Margin requirements specified by us shall preclude us from increasing the rates of Margin without notice. It is your responsibility to monitor at all times the funds available in your Trading Account to cover any Margin required under this user Agreement and any additional margin that may become necessary. 18.5 In order to prevent a Position from closing due to your Trading Account being in a Margin Call, you agree to immediately satisfy any Margin Alerts, by electronic transfer to your Trading Account in the time prescribed by us. Please note that, depending on the payment method, deposits may not be reflected on your trading account instantaneously and, additionally, may be subject to further delays if a security review is undertaken by third party payment providers or by us. Our failure on one or more occasions to enforce or exercise our right to insist on immediate payments as set forth herein will not amount to a waiver or bar to enforcement of that right. Failure to meet the Margin Requirement at any time, or failure to make a Margin Payment when due, may result in Force Closure or partial closure of your open positions without further notice to you. 18.6 You acknowledge and agree that we may, in our sole discretion, limit your deposits to your Trading Account for credit reasons. To meet your Margin requirements in such circumstances you should reduce the total number of your open Transactions. Such deposit limits and restrictions may vary between Trading Accounts and may be based upon a number of factors, including but not limited to, country of residence, remittance source, payment methods used, frequency and amounts of monetary transactions etc. If you encounter any limitations or restrictions, you should contact us.
Appears in 1 contract
Samples: User Agreement
MARGIN AND DEPOSIT REQUIREMENTS. 18.1 In order to open a Transaction for an Instrument, you undertake to provide the Initial Margin in your Trading Account. In order to keep a Transaction open, you undertake to ensure that the amount in your Trading Account exceeds the Maintenance Margin. You acknowledge that the Margin for each Instrument differs and may be changed by us in our sole discretion from time to time. Deposits into your Trading Account can be made by bank transfer or another method of payment approved by us (for example, credit card, debit card or Skrill) to a bank account, or other location, as we may notify to you from time to time. Based on the amount of money you have in your Trading Account, we retain the right to limit the amount and total number of open Transactions that you may wish to open or currently maintain on the Trading Platform.
18.2 Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in your base currency, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency.
18.3 If you have made a payment to us in a different currency, we may pass on to you all commissions or other charges which we incur in any currency conversion.
18.4 You are aware and acknowledge that we may, enquire whether you wish to increase the amount in your Trading Account by sending you a Margin Alert . A Margin Alert may be based upon a number of factors, including without limitation, your overall position with us, your account size, the number of open Transactions you have, volume traded, your trade history and market conditions. No previous Margin requirements specified by us shall preclude us from increasing the rates of Margin without notice. It is your responsibility to monitor at all times the funds available in your Trading Account to cover any Margin required under this user Agreement and any additional margin that may become necessary.
18.5 In order to prevent a Position from closing due to your Trading Account being in a Margin Call, you agree to immediately satisfy any Margin Alerts, by electronic transfer to your Trading Account in the time prescribed by us. Please note that, depending on the payment method, deposits may not be reflected on your trading account instantaneously and, additionally, may be subject to further delays if a security review is undertaken by third party payment providers or by us. Our failure on one or more occasions to enforce or exercise our right to insist on immediate payments as set forth herein will not amount to a waiver or bar to enforcement of that right. Failure to meet the Margin Requirement at any time, or failure to make a Margin Payment when due, may result in Force Closure or partial closure of your open positions without further notice to you.
18.6 You acknowledge and agree that we may, in our sole discretion, limit your deposits to your Trading Account for credit reasons. To meet your Margin requirements in such circumstances you should reduce the total number of your open Transactions. Such deposit limits and restrictions may vary between Trading Accounts and may be based upon a number of factors, including but not limited to, country of residence, remittance source, payment methods used, frequency and amounts of monetary transactions etc. If you encounter any limitations or restrictions, you should contact us.
Appears in 1 contract
Samples: User Agreement
MARGIN AND DEPOSIT REQUIREMENTS. 18.1 18.1. In order to open a Transaction for an Instrument, you undertake to provide the Initial Margin in your Trading Account. In order to keep a Transaction open, you undertake to ensure that the amount in your Trading Account exceeds the Maintenance Margin. You acknowledge that the Margin for each Instrument differs and may be changed by us in our sole discretion from time to time. Deposits into your Trading Account can be made by bank transfer or another method of payment approved by us (for examplepayment, credit card, debit card or Skrill) to a bank account, or other location, as we may notify to you from time to time.
18.2. Based on the amount of money you have in your Trading Account, we retain the right to limit the amount and total number of open Transactions that you may wish to open or currently maintain on the Trading Platform.
18.2 18.3. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in your base currency, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency.
18.3 If you have made a payment to us in a different currency, we may pass on to you all commissions or other charges which we incur in any currency conversion.
18.4 18.4. You are aware and acknowledge that we may, may enquire whether you wish to increase the amount in your Trading Account by sending you a Margin Alert Call Alert. A Margin Alert Call may be based upon a number of factors, including without limitation, your overall position Position with us, your account sizesize (equity), the number of open Transactions you have, volume traded, your trade history and market conditions. No previous Margin requirements specified by us shall preclude us from increasing the rates of Margin without notice. It is your responsibility to monitor at all times the funds available in your Trading Account to cover any Margin required under this user Agreement and any additional margin that may become necessaryas a result of your trading decisions.
18.5 18.5. In order to prevent a Position position from closing due to your Trading Account being in a Margin Call, you agree to immediately satisfy any Margin Call Alerts, by electronic transfer to your Trading Account in the time prescribed by us. Please note that, depending on the payment method, deposits may not be reflected on your trading account instantaneously and, additionally, may be subject to further delays if a security review is undertaken by third party payment providers or by us. Our failure on one or more occasions to enforce or exercise our right to insist on immediate payments as set forth herein will not amount to a waiver or bar to enforcement of that right. Failure to meet the Margin Requirement at any time, time or failure to make a Margin Payment when due, due may result in Force Closure closure or partial closure (Section 14) of your open positions Positions without further notice to you.
18.6 You acknowledge and agree that we may18.6. In certain circumstances you may encounter a limit on your Deposits. In these circumstances, in our sole discretion, limit your deposits to your Trading Account for credit reasons. To meet your Margin requirements in such circumstances you should reduce consider reducing the total number of your open Transactions. Such deposit limits and restrictions may vary between Trading Accounts and may be based upon a number of factors, including but not limited to, country of residence, remittance source, payment methods used, frequency and amounts of monetary transactions etc. If you encounter any limitations or restrictions, you should contact usTransactions (Para 18.2).
Appears in 1 contract
Samples: User Agreement
MARGIN AND DEPOSIT REQUIREMENTS. 18.1 In order to open a Transaction for an Instrument, you undertake to provide the Initial Margin in your Trading Account. In order to keep a Transaction open, you undertake to ensure that the amount in your Trading Account exceeds the Maintenance Margin. You acknowledge that the Margin for each Instrument differs and may be changed by us in our sole discretion from time to time. Deposits into your Trading Account can be made by bank transfer or another method of payment approved by us (for examplepayment, credit card, debit card or Skrill) to a bank account, or other location, as we may notify to you from time to time. Based on the amount of money you have in your Trading Account, we retain the right to limit the amount and total number of open Transactions that you may wish to open or currently maintain on the Trading Platform.
18.2 Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in your base currency, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency.
18.3 If you have made a payment to us in a different currency, we may pass on to you all commissions or other charges which we incur in any currency conversion.
18.4 . You are aware and acknowledge that we may, enquire whether in our sole discretion, require you wish to increase the amount in your Trading Account by sending you pursuant to a Margin Alert Call. A Margin Alert Call may be based upon a number of factors, including without limitation, your overall position with us, your account size, the number of open Transactions you have, volume traded, your trade history and market conditions. No previous Margin requirements specified by us shall preclude us from increasing the rates of Margin without notice. It is your responsibility to monitor at all times the funds available in your Trading Account to cover any Margin required under this user Agreement and any additional margin that may become necessary.
18.5 In order to prevent a Position from closing due to your Trading Account being in a Margin Call, you 18.4 You agree to immediately satisfy any Margin AlertsCalls, by electronic transfer to your Trading Account in the time prescribed by us. Please note that, depending on the payment method, deposits may not be reflected on your trading account instantaneously and, additionally, may be subject to further delays if a security review is undertaken by third party payment providers or by us. Our failure on one or more occasions to enforce or exercise our right to insist on immediate payments as set forth herein will not amount to a waiver or bar to enforcement of that right. Failure to meet the Margin Requirement at any time, or failure to make a Margin Payment when due, may result in Force Closure or partial closure of your open positions without further notice to you.
18.6 You acknowledge and agree that we may, in our sole discretion, 18.5 In certain circumstances you may encounter a limit on your deposits to your Trading Account Deposit for credit reasonsreasons (section 5.3.5). To meet your Margin requirements in such circumstances you should reduce consider reducing the total number of your open Transactions. Such deposit limits and restrictions may vary between Trading Accounts and may be based upon a number of factors, including but not limited to, country of residence, remittance source, payment methods used, frequency and amounts of monetary transactions etc. If you encounter any limitations or restrictions, you should contact usTransactions (section 18.1).
Appears in 1 contract
Samples: User Agreement
