Trading Conditions. 5.1 The Trading Platform provided by the Company allows trading of the exchange rates of different cryptocurrencies and of different financial instruments made available on the Company's Platform ("Financial Instruments"). When using the Trading Platform, the Client is displayed with bid and ask prices for trading in Financial Instruments on the basis of prices received from different financial information systems as market prices. To determine prices, the platform performs mathematical calculations according to known and accepted formulas. 5.2 The transaction is terminated in one of the following events: The Client initiated the closing of the Transaction Transaction rates meet with the predefined stop loss, profit, or other criteria established by the customer or the company under the terms of this agreement. expiry of the Transaction has been reached in certain transactions, as defined by the Client or the Company, as the case may be. The Customer has not sufficient funds in the Account, therefore the Company will force closure of Transactions, at the sole discretion of the Company, for purposes of compliance with the trading margin requirements set by the Company to the Client. The Client may submit orders through the Trading Platform provided to the Client by the Company or by written orders (including fax), E-mail, or other electronic device or verbally (including by telephone), unless the Company informs the Customer that a particular order can only be submitted in a particular way. The Company does not permit the simultaneous executions of Controlled Transactions, Transactions based on market differences, publication of information (macroeconomic advice), freezing of prices, suspension of transactions, price or time manipulation, including scalping and exploitation of arbitration between different systems. as well as transactions found by the Company to be engaged in carrying out such prohibited transactions. 5.3 The Client authorizes the Company to rely on any order, request, and instruction provided by the Customer or any authorized person on behalf of the Client. without further request from the Company as to the authenticity, accuracy of authority, or identity of the person providing or purporting to provide such an order. If the Client requests To cancel an order, the Company may cancel such orders only if it has not already acted on such an order, or if the Company decides otherwise. The Company has the right, but not obligation, to set limits and/or certain parameters relating to the Client's account and to the trading instructions, in its sole discretion. These limits and / or parameters may be modified, increased, decreased, deleted, or added by the Company and may include, without limitation: (i) limits on the maximum size of trading orders and the number of orders; (ii) the individual exposure limits or total exposure of the client; (iii) a limitation of the leverage effect in different financial instruments and more. The Company has the right, at its discretion, to cancel or correct any transaction that has been executed with an error, a system malfunction, a violation of the Contract by the Customer, etc. The documents of the Company will serve as decisive proof of the correct exchange. rates relative to the client's accounts. 5.4 Benefits - The Company may, from time to time, provide different benefits or subsidies to the trading stock. These benefits may be offered for limited periods and/or supply, and the Company will have the right to modify, freeze, cancel, etc. the terms of services from time to time and in its sole discretion. The Company shall have the right, but not the obligation, to send to its Clients, notices and updates regarding the terms and conditions of exchange of underlying assets, such as expiry dates of CFD contracts, etc. The Customer has no claim against the Company for not having sent these notifications or updates or concerning the accuracy of the information contained in this notification. It is the ultimate responsibility of the client to become familiar with the trading terms of the assets on which they are trading.
Appears in 4 contracts
Samples: Customer Agreement, Customer Agreement, Customer Agreement