Binary options vic bonus terms and conditions
If trading positions are opened, client has to close it or wait till expiration. All withdrawal requests has to be treated based on standard withdrawal conditions, described in paragraph 1. Financial instruments — available for trading CFD types as currencies, indexes, stocks, commodities.
Balance — amount on the Clients or brokers trading account, not counting floatingprofit or floatingloss. In the Agreement any reference to an individual person shall include corporate entities, unincorporated associations, partnerships and individuals. Headings and notes in the Agreement are for reference only and shall not affect the contents and interpretation of the Agreement. In the Agreement references to any law shall include references to any statutory modification or re-enactment thereof or to any regulation or order made under such law, statute or enactment or under such a modification or re-enactment.
The price for a given contract is calculated by reference to the price of the relevant underlying financial instrument. For any given CFD, the Company will quote two prices: Prices will be obtained from reputable third-party price feeders and provided by the Company. Prices are updated frequently as the limitations of technology and communication links allow. The Company ensures that the Client will receive the best price by guaranteeing that the calculation of the quoted prices is made with reference and compared to a range of underlying price providers and data sources.
The Company additionally ensures to monitor its Execution Venue s on an ongoing basis and review their performance at least annually to confirm that relevant and competitive pricing is offered. Please note that despite taking reasonable steps to obtaining best possible results for Clients, the Company is unable to guarantee, when executing orders, that the prices offered will be more favourable that prices that might be available elsewhere.
Under certain trading conditions, the Client should note that it may be impossible to execute an Order at their requested price. In such cases the Company reserves the right to execute the Order at the first available price. Such instances may occur during times of high market volatility and price fluctuations e. In most circumstances, a spread is applied. The spread is dynamic for certain Financial Instruments, and may take into account such factors as liquidity in external markets for the underlying financial instrument and competitive pricing.
The Company reserves the right to charge the Client a swap fee of 0. This swap fee can be subject to changes in the future. The swap fee is calculated as the rounded result of the following formula: In certain circumstances such as increased volatility or illiquidity in relation to the underlying market concerned the Company reserves the right to alter the spreads offered.
The Company reserves the right to, at any time, apply such charges in the future with prior notice to the Client. Should the Company at any period of time decide not to charge any costs, it shall not be construed as a waiver of its rights to apply them in the future. The Company arranges for the execution of Client orders with the Execution Venue, as such, execution may at times be difficult. The likelihood of execution depends on the availability of the prices of the Execution Venue s.
In some instances, it may not be possible to arrange an Order for execution during abnormal market conditions. This can occur, but is not limited to, the following examples: In the event that the Company is unable to proceed with an Order in relation to price or size or any reason, the Order will be executed at the first available price or not executed at all.
The Company does not accept any orders outside of the market hours of the relevant underlying financial instrument. The Company shall proceed to the settlement of all transactions upon execution of such transactions.
The CFDs offered by the Company do not involve the delivery of the underlying asset, so they are not settled physically as there would be for example if the Client had bought Shares.
All CFDs are cash settled. All orders are placed in monetary values. The Client is able to place an order as long as they have enough balance in their trading account. If the Client wishes to execute a large Order, in some cases the price may become less favourable. The Company reserves the right to decline an Order in case the size of the Order is large and cannot be filled by the Company. The Company will take all reasonable steps to obtain the best possible result for its Clients.
The Company does not consider the above list exhaustive and the order in which the above factors are presented shall not be taken as priority factor. Different Types of CFDs: The Company offers the following types of CFDs on its platform:.
The Client may give instruction to execute or initiate a trade with the Company by way of:. You are warned that Slippage may occur when trading in CFDs. Slippage is the difference between the expected price of an Order, and the price the Order is actually executed at. Slippage can occur at times of low liquidity or high volatility e.
The Company applies a maximum multiplier of 1: After one day, the trader decides to close the position. To better understand the calculations, the invested capital increased by the percentage move in the market multiplied by the multiplier 0.
If the trader had used a lower multiplier both the profit and loss amount in the examples above, would have been smaller as well. Using a multiplier of 20, the realised profit in the first example would be 1. As it will be explained more in Maintenance Margin section the trader will never lose more that the investment amount of a position. It should be noted that the Company may offer higher multipliers to clients it considers to possess the necessary knowledge, experience and understanding of the high risks involved with trading with leverage.
Trading CFDs carries a high level of risk since the multiplier tool leverage can work both in your advantage and disadvantage.
As a result, it may not be suitable for all investors because you may lose all your invested capital. The Maintenance Margin is the minimum amount of equity in a position required to maintain the open position. At this price, the remaining amount of the investment will have reached the maintenance margin. Please input your phone number with country code and we will immediately contact you. User Agreement Contacts Confidentiality Policy.
Account balance funding using a third person credit card is prohibited. Customer and Company Responsibilities 2. The Client declares and guarantees that: Client agrees to provide all documents and notices, notarize documents, and take all other actions which the Company may request in accordance with the Anti Money Laundering Policy 2.
Customer risk notice 3. Terms of transactions 4. If in 5 days from the date of activation of the bonus, the mandatory amount of trading turnover has not been achieved, or a deposit has not been made, the bonus is reset to zero. The Client has the right to participate in any promotion or tournament held by the Company that is available to him or her. The Client must independently familiarize him or herself with the terms of the promotion or tournament on the Company's website.
Monetary funds received by the Client from the Company as a prize for participation in a tournament are credited to his or her real account, unless otherwise indicated in the tournament conditions. The Company can not be held responsible for the inactivity or activity of the Client in the course of using its services. The Company has the right to change the terms of this Agreement at any time at its discretion.
In the event of changes in the Company Agreement, such changes shall become effective upon posting the amended text of the Agreement on the Website https: The Company informs Clients of amendments to the Agreement by posting a new version of the Agreement on the https: The duties and rights of the Client and the Company designated in this Agreement shall be considered a long-standing act and will be in effect until the moment of receipt by the Company of notification from the Client of the closure of their account or their refusal to comply with the rules of the Agreement.
Furthermore, the Company may refuse to re-register the Client and to service their new account. By accepting the Agreement, the Client confirms: Upon the Client withdrawing funds, the Company may request a confirmation of personal account data. The Company has the right to demand from the Client copies of the documents verifying their place of residence, registration, and identity certified by a notary.
The Client understands and acknowledges that as a result of using the services of the Website, they are able to lose the funds they deposit into their account. The Client acknowledges and understands that the financial risks involved in carrying out transactions through the Website Services may be significant.
When making transactions through the Website Services, the Client should conduct an analysis of their financial capabilities. The Client is personally liable in the case of loss of credentials for immediate access to their account login, password ; the Client is obliged to prevent any possibility of access to their own account by third parties.
In order to communicate with the Client, the Company uses the following means: All possible disputes arising between the parties to this Agreement shall be settled through correspondence and negotiations. Appeals by the Client are considered official if they are directed to the Company at the email address support binomo. Appeals will not be deemed in writing if they are produced and sent via online communication programs such as Skype or other similar software. Client requests should include the following information for consideration: If the Client violates any of the above points, the Company has the right to refuse the provision of further services.
If the Client and the Company do not reach an agreement during negotiations and correspondence within 3 three months of the date the dispute was opened, it shall be referred to the court and resolved according to the current legislation of the Republic of Seychelles. The Company is not a tax agent and does not provide data on the transactions of its Clients to third parties.
Such information can only be provided if there is an official request from a competent national authority. This Agreement shall be terminated in the event that all the following conditions are met: The Company has the right to unilaterally, without explanation, terminate the contract with the Client.
However, the Company undertakes to comply with its financial obligations to the Client at the time of termination of the contract. In the event that the Company decides to terminate its own activity regulated by this Agreement, the Company shall do the following: The Company fulfills its financial obligations to Clients, including upon termination of the Client Agreement. Terminology Financial instruments — exchange indices, shares, commodities, and currency pairs which are available for trading.
Registration of the Client and collection of the Client's data 1. The procedure for mutual settlement 2. Processing trade requests and orders 3. The processing of Client orders upon opening transactions.
The use of bonus and gift funds and participation in tournaments and other Company promotions. In cases where the Company's security team suspects the Client of fraudulent activities performed in order to win a tournament or promotion during the period of participation in the tournament or promotion, the Company has the right to review or nullify the Client's participation results in that tournament or promotion.
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