Common use of Referring Parties Clause in Contracts

Referring Parties. IF YOU WERE REFERRED TO QFS BY AN INTRODUCING BROKER, REFERRING PARTY OR THIRD PARTY ADVISOR (EACH, AN “IB”), PLEASE BE ADVISED THAT QFS AND YOUR IB ARE WHOLLY SEPARATE AND INDEPENDENT FROM ONE ANOTHER AND THERE EXISTS NO JOINT VENTURE OR PARTNERSHIP RELATIONSHIP BETWEEN THE PARTIES. ADDITIONALLY, NEITHER IB NOR ANY OTHER EMPLOYEE OR AGENT OF IB IS AN AGENT OR EMPLOYEE OF QFS. a. QFS does not control, and cannot endorse or vouch for the accuracy or completeness of any information or advice Customer may have received or may receive in the future from Customer’s IB or from any other person not employed by QFS regarding Forex trading or the risks involved in such trading. b. QFS provides risk disclosure information to all new Customers when they open Accounts. Customer should read that information carefully and should not rely on any information to the contrary from any other source. c. Customer acknowledges that no promises have been made by QFS or any individual associated with QFS regarding future profits or losses in Customer's Account. Customer understands that Forex trading is very risky, and that many people lose money trading. d. If an IB or any other third party provides Customer with information or advice regarding Forex trading, QFS shall in no way be responsible for any loss to Customer resulting from Customer's use of such information or advice. e. To the extent Customer has previously been led to believe or believes that utilizing any third party trading system, course, program, research or recommendations provided by IB or any other third party will result in trading profits, Customer hereby acknowledges, agrees and understands that all Forex trading, including trading done pursuant to a system, course, program, research or recommendations of IB or another third party involves a substantial risk of loss. In addition, Customer hereby acknowledges, agrees and understands that the use of a trading system, course, program, research or recommendations of IB or another third party will not necessarily result in profits, or will avoid losses or limit losses. f. Because the risk factor is high in foreign currency trading, only genuine risk capital should be used in such trading. If Customer does not have capital which the Customer can afford to lose, Customer should not trade in the foreign currency markets. g. Customer understands and acknowledges that QFS may compensate Customer’s IB for introducing Customer to QFS and that such compensation may be on a per-trade basis or other basis. h. Customer understands and agrees that if Customer's Account with QFS is introduced by an IB, that IB shall have limited access to information regarding Customer’s QFS Account, but the IB shall not have the right to enter into any trades on Customer's QFS Account unless authorized by Customer under a power of attorney between Customer and IB granting such IB the right to trade on Customer's Account. i. Customer understands and acknowledges that Customer may have only one IB, a party that originally referred Customer to QFS. j. Customer may terminate Customer’s relationship with an IB by providing written notice to QFS. Customer understands and acknowledges that Customer cannot be considered the client of any other IB. Should you have any questions regarding the risks of trading in foreign currency; please contact your Account representative.

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

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Referring Parties. IF YOU WERE REFERRED TO QFS BY AN INTRODUCING BROKER, REFERRING PARTY OR THIRD PARTY ADVISOR (EACH, AN “IB”), PLEASE BE ADVISED THAT QFS AND YOUR IB ARE WHOLLY SEPARATE AND INDEPENDENT FROM ONE ANOTHER AND THERE EXISTS NO JOINT VENTURE OR PARTNERSHIP RELATIONSHIP BETWEEN THE PARTIES. ADDITIONALLY, NEITHER IB NOR ANY OTHER EMPLOYEE OR AGENT OF IB IS AN AGENT OR EMPLOYEE OF QFS. a. QFS does not control, and cannot endorse or vouch for the accuracy or completeness of any information or advice Customer may have received or may receive in the future from Customer’s IB or from any other person not employed by QFS regarding Forex trading or the risks involved in such trading. b. QFS provides risk disclosure information to all new Customers when they open Accounts. Customer should read that information carefully carefully, and should not rely on any information to the contrary from any other source. c. Customer acknowledges that no promises have been made by QFS or any individual associated with QFS regarding future profits or losses in Customer's Account. Customer understands that Forex trading is very risky, and that many people lose money trading. d. If an IB or any other third party provides Customer with information or advice regarding Forex trading, QFS shall in no way be responsible for any loss to Customer resulting from Customer's use of such information or advice. e. To the extent Customer has previously been led to believe or believes that utilizing any third party trading system, course, program, research or recommendations provided by IB or any other third party will result in trading profits, Customer hereby acknowledges, agrees and understands that all Forex trading, including trading done pursuant to a system, course, program, research or recommendations of IB or another third party involves a substantial risk of loss. In addition, Customer hereby acknowledges, agrees and understands that the use of a trading system, course, program, research or recommendations of IB or another third party will not necessarily result in profits, or will avoid losses or limit losses. f. Because the risk factor is high in foreign currency trading, only genuine risk capital should be used in such trading. If Customer does not have capital which the Customer can afford to lose, Customer should not trade in the foreign currency markets. g. Customer understands and acknowledges that QFS may compensate Customer’s IB for introducing Customer to QFS and that such compensation may be on a per-trade basis or other basis. h. Customer understands and agrees that if Customer's Account with QFS is introduced by an IB, that IB shall have limited access to information regarding Customer’s QFS Account, but the IB shall not have the right to enter into any trades on Customer's QFS Account unless authorized by Customer under a power of attorney between Customer and IB granting such IB the right to trade on Customer's Account. i. Customer understands and acknowledges that Customer may have only one IB, a party that originally referred Customer to QFS. j. Customer may terminate Customer’s relationship with an IB by providing written notice to QFS. Customer understands and acknowledges that Customer cannot be considered the client of any other IB. Should you have any questions regarding the risks of trading in foreign currency; please contact your Account representative.

Appears in 1 contract

Samples: Customer Agreement

Referring Parties. IF YOU WERE REFERRED TO QFS Xxxxxx BY AN INTRODUCING BROKER, REFERRING PARTY OR THIRD PARTY ADVISOR (EACH, AN “IB”), PLEASE BE ADVISED THAT QFS Xxxxxx AND YOUR IB ARE WHOLLY SEPARATE AND INDEPENDENT FROM ONE ANOTHER AND THERE EXISTS NO JOINT VENTURE OR PARTNERSHIP RELATIONSHIP BETWEEN RELATIONSHIPBETWEEN THE PARTIES. ADDITIONALLY, NEITHER IB NOR ANY OTHER EMPLOYEE OR AGENT OF IB IS AN AGENT OR EMPLOYEE OF QFSXxxxxx. a. QFS x. Xxxxxx does not control, and cannot endorse or vouch for the accuracy or completeness of any information or advice Customer may have received or may receive in the future from Customer’s IB or from any other person not employed by QFS Xxxxxx regarding Forex trading or the risks involved in such trading. b. QFS x. Xxxxxx provides risk disclosure information to all new Customers when they open Accounts. Customer should read that information carefully carefully, and should not rely on any information to the contrary from any other source. c. Customer acknowledges that no promises have been made by QFS Xxxxxx or any individual associated with QFS Xxxxxx regarding future profits or losses in Customer's Account. Customer understands that Forex trading is very risky, and that many people lose money trading. d. If an IB or any other third party provides Customer with information or advice regarding Forex trading, QFS Xxxxxx shall in no way be responsible for any loss to Customer resulting from Customer's use of such information or advice. e. To the extent Customer has previously been led to believe or believes that utilizing any third party trading system, course, program, research or recommendations provided by IB or any other third party will result in trading profits, Customer hereby acknowledges, agrees and understands that all Forex trading, including trading done pursuant to a system, course, program, research or recommendations of IB or another third party involves a substantial risk of loss. In addition, Customer hereby acknowledges, agrees and understands that the use of a trading system, course, program, research or recommendations of IB or another third party will not necessarily result in profits, or will avoid losses or limit losses. f. Because the risk factor is high in foreign currency trading, only genuine risk capital should be used in such trading. If Customer does not have capital which the Customer can afford to lose, Customer should not trade in the foreign currency markets. g. Customer understands and acknowledges that QFS Xxxxxx may compensate Customer’s IB for introducing Customer to QFS Xxxxxx and that such compensation may be on a per-trade basis or other basis. h. Customer understands and agrees that if Customer's Account with QFS Xxxxxx is introduced by an IB, that IB shall have limited access to information regarding Customer’s QFS Xxxxxx Account, but the IB shall not have the right to enter into any trades on Customer's QFS Xxxxxx Account unless authorized by Customer under a power of attorney between Customer and IB granting such IB the right to trade on Customer's Account. i. Customer understands and acknowledges that Customer may have only one IB, a party that originally referred Customer to QFSXxxxxx. j. Customer may terminate Customer’s relationship with an IB by providing written notice to QFSXxxxxx. Customer understands and acknowledges that Customer cancan not be considered the client of any other IB. Should you have any questions regarding the risks of trading in foreign currency; please contact your Account representative.

Appears in 1 contract

Samples: Customer Agreement

Referring Parties. IF YOU WERE REFERRED TO QFS JPL BY AN INTRODUCING BROKER, REFERRING PARTY OR THIRD PARTY ADVISOR (EACH, AN “IB”), PLEASE BE ADVISED THAT QFS JPL AND YOUR IB ARE WHOLLY SEPARATE AND INDEPENDENT FROM ONE ANOTHER AND THERE EXISTS NO JOINT VENTURE OR PARTNERSHIP RELATIONSHIP BETWEEN THE PARTIES. ADDITIONALLY, NEITHER IB NOR ANY OTHER EMPLOYEE OR AGENT OF IB IS AN AGENT OR EMPLOYEE OF QFSJPL. a. QFS JPL does not control, and cannot endorse or vouch for the accuracy or completeness of any information or advice Customer may have received or may receive in the future from Customer’s IB or from any other person not employed by QFS JPL regarding Forex trading or the risks involved in such trading. b. QFS JPL provides risk disclosure information to all new Customers when they open Accounts. Customer should read that information carefully carefully, and should not rely on any information to the contrary from any other source. c. Customer acknowledges that no promises have been made by QFS JPL or any individual associated with QFS JPL regarding future profits or losses in Customer's Account. Customer understands that Forex trading is very risky, and that many people lose money trading. d. If an IB or any other third party provides Customer with information or advice regarding Forex trading, QFS JPL shall in no way be responsible for any loss to Customer resulting from Customer's use of such information or advice. e. To the extent Customer has previously been led to believe or believes that utilizing any third party trading system, course, program, research or recommendations provided by IB or any other third party will result in trading profits, Customer hereby acknowledges, agrees and understands that all Forex trading, including trading done pursuant to a system, course, program, research or recommendations of IB or another third party involves a substantial risk of loss. In addition, Customer hereby acknowledges, agrees and understands that the use of a trading system, course, program, research or recommendations of IB or another third party will not necessarily result in profits, or will avoid losses or limit losses. f. Because the risk factor is high in foreign currency trading, only genuine risk capital should be used in such trading. If Customer does not have capital which the Customer can afford to lose, Customer should not trade in the foreign currency markets. g. Customer understands and acknowledges that QFS JPL may compensate Customer’s IB for introducing Customer to QFS JPL and that such compensation may be on a per-trade basis or other basis. h. Customer understands and agrees that if Customer's Account with QFS JPL is introduced by an IB, that IB shall have limited access to information regarding Customer’s QFS JPL Account, but the IB shall not have the right to enter into any trades on Customer's QFS JPL Account unless authorized by Customer under a power of attorney between Customer and IB granting such IB the right to trade on Customer's Account. i. Customer understands and acknowledges that Customer may have only one IB, a party that originally referred Customer to QFSJPL. j. Customer may terminate Customer’s relationship with an IB by providing written notice to QFSJPL. Customer understands and acknowledges that Customer cancan not be considered the client of any other IB. Should you have any questions regarding the risks of trading in foreign currency; please contact your Account representative. PRIVACY POLICY. Information Collected by JPL. The categories of nonpublic personal information which JPL shall collect include: (1) information provided by the customer when opening an Account, or to process a transaction, such as name, address, assets, bank information, prior trading experience, etc.; (2) information used to verify the identity of the customer, including copies of government issued identification materials such as passports, drivers licenses, and credit reports; (3) Information resulting from transactions between the customer and JPL or an affiliate of JPL, such as withdrawal and deposit forms; (4) Information derived from customer’s navigation and usage of JPL’s website and online platforms, including Account trading statements. a. Information Disclosed by JPL and To Whom JPL Discloses the Information. JPL does not share nonpublic personal information about our clients or former customers to anyone, except as permitted by law. For example, JPL may provide information to non-affiliated third parties, as permitted by law, in providing financial services to you. This includes a consumer reporting agency that prepares your credit report. Furthermore, JPL may provide information, as permitted by law, to government or regulatory agencies and to comply with a legal summons, court order, subpoena or a similar legal process, audit or investigation. We may also disclose your nonpublic personal information if you authorize such disclosure.

Appears in 1 contract

Samples: Customer Agreement

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Referring Parties. IF YOU WERE REFERRED TO QFS [TDM] BY AN INTRODUCING BROKER, REFERRING PARTY OR THIRD PARTY ADVISOR (EACH, AN “IB”), PLEASE BE ADVISED THAT QFS [TDM] AND YOUR IB ARE WHOLLY SEPARATE AND INDEPENDENT FROM ONE ANOTHER AND THERE EXISTS NO JOINT VENTURE OR PARTNERSHIP RELATIONSHIP BETWEEN THE PARTIES. ADDITIONALLY, NEITHER IB NOR ANY OTHER EMPLOYEE OR AGENT OF IB IS AN AGENT OR EMPLOYEE OF QFS[TDM]. a. QFS [TDM] does not control, and cannot endorse or vouch for the accuracy or completeness of any information or advice Customer may have received or may receive in the future from Customer’s IB or from any other person not employed by QFS [TDM] regarding Forex trading or the risks involved in such trading. b. QFS [TDM] provides risk disclosure information to all new Customers when they open Accounts. Customer should read that information carefully carefully, and should not rely on any information to the contrary from any other source. c. Customer acknowledges that no promises have been made by QFS [TDM] or any individual associated with QFS [TDM] regarding future profits or losses in Customer's Account. Customer understands that Forex trading is very risky, and that many people lose money trading. d. If an IB or any other third party provides Customer with information or advice regarding Forex trading, QFS [TDM] shall in no way be responsible for any loss to Customer resulting from Customer's use of such information or advice. e. To the extent Customer has previously been led to believe or believes that utilizing any thCatuusttoilmizienrgAagnryeement third party trading system, course, program, research or recommendations provided by IB or any other third party will result in trading profits, Customer hereby acknowledges, agrees and understands that all Forex trading, including trading done pursuant to a system, course, program, research or recommendations of IB or another third party involves a substantial risk of loss. In addition, Customer hereby acknowledges, agrees and understands that the use of a trading system, course, program, research or recommendations of IB or another third party will not necessarily result in profits, or will avoid losses or limit losses. f. Because the risk factor is high in foreign currency trading, only genuine risk capital should be used in such tradingused. If Customer does not have capital which the Customer can afford to lose, Customer should not trade in the foreign currency marketstrade. g. Customer understands and acknowledges that QFS [TDM] may compensate Customer’s IB for introducing Customer to QFS [TDM] and that such compensation may be on a per-trade basis or other basis. h. Customer understands and agrees that if CustomerXxxxxxxx's Account with QFS [TDM] is introduced by an IB, that IB shall have limited access to information regarding Customer’s QFS [TDM] Account, but the IB shall not have the right to enter into any trades on Customer's QFS [TDM] Account unless authorized by Customer under a power of attorney between Customer and IB granting such IB the right to trade on Customer's Account. i. Customer understands and acknowledges that Customer may have only one IB, a party that originally referred Customer to QFS[TDM]. j. Customer may terminate Customer’s relationship with an IB by providing written notice to QFS[TDM]. Customer understands and acknowledges that Customer cannot be considered the client of any other IB. Should you have any questions regarding the risks of trading in foreign currency; trading, please contact your Account representative.

Appears in 1 contract

Samples: Customer Agreement

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