WIDENED SPREADS. Client understands and acknowledges that there may be instances where spreads widen beyond the typical spreads offered. During volatile markets, such as news announcements, spreads may widen substantially in order to compensate for increased market volatility. Client is advised to utilize extreme caution when trading during increased volatility in the markets, including major news events, as widened spreads can adversely affect all positions in an account including hedged positions.
WIDENED SPREADS. Client understands and acknowledges that there may be instances where spreads widen beyond the typical spreads offered. During volatile markets, such as news announcements, spreads may widen substantially in order to compensate for increased market volatility. Client is advised to utilize extreme caution when trading during increased volatility in the markets, including major news events, as widened spreads can adversely affect all positions in an account including hedged positions. BMFN is authorized, in its absolute discretion, to rollover or offset all or any portion of positions maintained in CFD’s on currencies within Client’s Account(s), maintained on any electronic trading platform at Client’s risk. A position carried forward may be credited or debited interest charges until the position is closed. All CFD’s on Futures are not rolled over at contract expiration. BMFN shall close all positions at expiration of Futures contracts and client may, at his/her sole discretion, elect to purchase a new contract. At its discretion, BMFN may elect to offer Client an interest free account whereby positions carried forward will not be credited or debited interest charges. Client agrees and acknowledges that such interest free terms shall be granted by BMFN only as a result of representations made by Client and that BMFN shall have the authority to, at its own discretion, elect to retroactively cancel such interest free terms and account activity after making determinations of the lack of authenticity of such representations, including determining that Client is maintaining interest bearing accounts elsewhere. BMFN is authorized to cancel all trading activity of such account since inception following its determination and will return the original deposit(s) to Client.
WIDENED SPREADS. Client understands and acknowledges that there may be instances where spreads widen beyond the typical spreads offered. During volatile markets, such as news announcements, spreads may widen substantially in order to compensate for increased market volatility. Client is advised to utilize extreme caution when trading during increased volatility in the markets, including major news events, as widened spreads can adversely affect all positions in an account including hedged positions. NOOR is authorized, in its absolute discretion, to rollover or offset all or any portion of positions maintained in CFDs on currencies, commodities or any other financial product within Client's Account(s), maintained on any electronic trading platform at Client's risk. A position carried forward may be credited or debited interest charges until the position is closed. All CFDs on Futures are not rolled over at contract expiration. NOOR shall close all positions at expiration of Futures contracts and Client may, at his/her/it sole discretion, elect to purchase a new contract. At its discretion, NOOR may elect to offer Client an interest free account whereby positions carried forward will not be credited or debited interest charges. Client agrees and acknowledges that such interest free terms shall be granted by NOOR only as a result of representations made by Client and that NOOR shall have the authority to, at its own discretion, elect to retroactively cancel such interest free terms and account activity at any time or after making determinations of the lack of authenticity of such representations, Including but not limited to determining that Client is maintaining interest bearing accounts elsewhere. NOOR is authorized to cancel all trading activity of such account since inception following its determination and will return the original deposit(s) to Client. NOOR may elect to offer, at its sole discretion, interest or swap free accounts for Clients who, for religious reasons, may choose not to receive or pay daily interest fees. When trading an interest free account, currency pairs held overnight will not be paid or charged/credited a daily swap fee. Swap free terms are not available for all currency pairs (i.e. NZD, MXN) or spot commodities contracts (Crude Oil, Gold). NOOR reserves the right to cancel such interest free terms if positions are kept open for more than ten