Common use of Trading Account and Platform Clause in Contracts

Trading Account and Platform. 1.4.1. The Company holds the right to deny and/or cancel transactions with any potential Client who does not have an account with the Company. The Client must be aware of the need to complete the registration form and to submit all the needed documents as soon as possible. 1.4.2. The Company shall provide the Client with a username, password, and account number in order to access his/her account. Any transaction made under the Client’s personal informa- tion will be considered as instruction/s authorized by the Client. In the event that fraudulent actions arise from the Client’s account or unauthorized personnel made dealings without the Client’s knowledge, he/she will be held responsible for the charges. 1.4.3. The provision of unclear and/or incorrect information by the Client will result to rejection of the registration or may delay the opening of the account. The Client must fill out the manda- tory sections of the registration form. 1.4.4. It is the Company’s sole discretion to reject an application and to close or suspend the Client’s Account without the need of an explanation or justification. 1.4.5. The Company is not obliged to open an account for any applicant. 1.4.6. This Agreement is applicable to the Company’s website and to the services provided to the Clients accordingly. However, other areas of the platform may have specific terms of use and/or access. 1.4.7. The Company exercises the right to limit the use and/or access of the Client to the plat- form as may be appropriate to preserve compliance with the Agreement. 1.4.8. The Company’s online trading platform is only available for the age 18 and above or oth- erwise the legal age applicable in the Client’s country. If the Client does not qualify or is unable to form legally binding contracts under the law/s applicable in the Client’s country or he/she is underage, the platform will not be accessible for the prospect Client. 1.4.9. The Client warrants that he/she will not, in any way, enter into an additional or separate agreement with the Company and/or any of the Company’s personnel or agents with regards to his/her trading account. Further to this, The Client acknowledges that any tax liability that may arise in connection to his/her trading account with the Company shall be his/her sole re- sponsibility. 1.4.10. The Client can assign to one of his First-Degree Relatives the right to execute trades using his/her account as long as the Client has given its written consent with regards to this. 1.4.11. The Client shall send an official written request for such designation and shall provide all required documentation, including proof of relationship and the assigned person’s personal identification documents. The assigned person consenting and agreeing to act as the authorized person of the Client shall mean that the assigned person accepts this Agreement and all the Company Legal Documentation. 1.4.12. The Company shall treat the assigned person’s trading activities as if they were carried out by the Client. The Client acknowledges that his/her assigned person is capable of having control over his/her account and is fully informed of the Company’s Terms and Conditions. 1.4.13. Assigning, monitoring, and/or reviewing of the assigned person’s activity in connection with the Client’s trading account shall be the Client’s sole responsibility at his/her own risk. The Client shall also be held liable for any losses incurred by his/her assigned person’s trading ac- tivities regardless of abuse of authorization and enacting fraudulent activity on the assigned person’s part. Further, the Company reserves the exclusive rights to reject any nominated autho- rized person and dismiss the prior approval of an authorized person of the Client. 1.4.14. With the signing of this Agreement, the Client hereby acknowledges his/her rights to withdraw his/her consent after a legit written notice sent to the Company. However, upon the consent withdrawal, the Client’s access and use to the trading platform will be restricted and/or terminated with the sole discretion of the Company without obligation to provide an explanation and/or justification thereof.

Appears in 7 contracts

Samples: Terms of Use Agreement, Terms of Use Agreement, Terms of Use Agreement

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Trading Account and Platform. 1.4.1. The Company holds the right to deny and/or cancel transactions with any potential Client who does not have an account with the Company. The Client must be aware of the need to complete the registration form and to submit all the needed documents as soon as possible. 1.4.2. The Company shall provide the Client with a username, password, and account number in order to access his/her account. Any transaction made under the Client’s personal informa- tion information will be considered as instruction/s authorized by the Client. In the event that fraudulent actions arise from the Client’s account or unauthorized personnel made dealings without the Client’s knowledge, he/she will be held responsible for the charges. 1.4.3. The provision of unclear and/or incorrect information by the Client will result to rejection of the registration or may delay the opening of the account. The Client must fill out the manda- tory mandatory sections of the registration form. 1.4.4. It is the Company’s sole discretion to reject an application and to close or suspend the Client’s Account without the need of an explanation or justification. 1.4.5. The Company is not obliged to open an account for any applicant. 1.4.6. This Agreement is applicable to the Company’s website and to the services provided to the Clients accordingly. However, other areas of the platform may have specific terms of use and/or access. 1.4.7. The Company exercises the right to limit the use and/or access of the Client to the plat- form platform as may be appropriate to preserve compliance with the Agreement. 1.4.8. The Company’s online trading platform is only available for the age 18 and above or oth- erwise otherwise the legal age applicable in the Client’s country. If the Client does not qualify or is unable to form legally binding contracts under the law/s applicable in the Client’s country or he/she is underage, the platform will not be accessible for the prospect Client. 1.4.9. The Client warrants that he/she will not, in any way, enter into an additional or separate agreement with the Company and/or any of the Company’s personnel or agents with regards to his/her trading account. Further to this, The Client acknowledges that any tax liability that may arise in connection to his/her trading account with the Company shall be his/her sole re- sponsibilityresponsibility. 1.4.10. The Client can assign to one of his First-Degree Relatives the right to execute trades using his/her account as long as the Client has given its written consent with regards to this. 1.4.11. The Client shall send an official written request for such designation and shall provide all required documentation, including proof of relationship and the assigned person’s personal identification documents. The assigned person consenting and agreeing to act as the authorized person of the Client shall mean that the assigned person accepts this Agreement and all the Company Legal Documentation. 1.4.12. The Company shall treat the assigned person’s trading activities as if they were carried out by the Client. The Client acknowledges that his/her assigned person is capable of having control over his/her account and is fully informed of the Company’s Terms and Conditions. 1.4.13. Assigning, monitoring, and/or reviewing of the assigned person’s activity in connection with the Client’s trading account shall be the Client’s sole responsibility at his/her own risk. The Client shall also be held liable for any losses incurred by his/her assigned person’s trading ac- tivities activities regardless of abuse of authorization and enacting fraudulent activity on the assigned person’s part. Further, the Company reserves the exclusive rights to reject any nominated autho- rized authorized person and dismiss the prior approval of an authorized person of the Client. 1.4.14. With the signing of this Agreement, the Client hereby acknowledges his/her rights to withdraw his/her consent after a legit written notice sent to the Company. However, upon the consent withdrawal, the Client’s access and use to the trading platform will be restricted and/or terminated with the sole discretion of the Company without obligation to provide an explanation and/or justification thereof.

Appears in 2 contracts

Samples: Terms of Use Agreement, Terms of Use Agreement

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