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Terms & Conditions
User Agreement
The
following describes the terms and conditions upon which Easy-Forex Inc.
("Easy-Forex" or "the Company" or "we") offers access to its Web site
to you the customer (hereinafter "you" or "user" or "customer") and the
use of its services (hereinafter the "Agreement" or "User Agreement" or
"Online Services Agreement").
This Agreement describes the
terms, conditions and risks applicable to your use of our services
available under the domain and sub-domains of www.easy-forex.com (the "Site" or “Web site”). If you have any questions regarding this Agreement please contact Customer Support
You
must read, agree with and accept all of the terms and conditions
contained in this User Agreement without modifications, which include
those terms and conditions expressly set forth below and those
incorporated by reference, before you may become a customer of
Easy-Forex. By continuing to access or use the Web site, you agree to
follow the Terms and Conditions of this Agreement as they may apply to
you.
This Agreement is effective upon acceptance in registration
for newly registering customers, or upon receipt of e-mail notification
by other users. The Agreement is otherwise effective for all users as
of March 14th, 2004. The previous terms and conditions are effective
for all transactions that were not closed on or before March 14th, 2004
made by users who registered before March 9th, 2004 and who did not
receive an e-mail notification of the new Agreement.
If
you do not agree to be bound by the terms and conditions of this
Agreement, do not use or access our services, and inform us in writing
immediately.
Easy-Forex
may amend or revise this Agreement at any time by posting the amended
terms on the Site and you agree to be bound by future revisions. The
Company will advise current registered users by e-mail of material
changes to the terms and conditions of this Web site from time to time.
Whenever such changes to the terms & conditions of this Web site
are made, the Company will post a note on the Web site.
All
amended terms shall be automatically effective 10 days after their
initial posting on the Web site, upon sending a notification to you by
e-mail, or at the first time that you use our services after such
amendments were made, whichever is sooner.
If
you do not agree to be bound by the changes to the terms and conditions
of this Agreement, do not use or access our services, and inform us in
writing immediately.
This Online Services Agreement is made by and between Easy-Forex and you.
This
Agreement applies to both the Easy-Forex Web site and trading platform,
as well as to the electronic content and or software currently
contained on the Web site that supplies the customer with real time
information about the exchange rate of some currencies , as well as
with the program facilities for executing trading transactions in the
foreign exchange market via the web, phone or fax (hereinafter referred
to as the "Service" or "forex" or "forex market"), and any other
features, content or services that the Company may add in the future.
Our
services are available to and may only be used by individuals or
companies who can form legally binding contracts under the law
applicable to their country of residence. Without limiting the
foregoing, our services are not available to persons under the age of
18 or otherwise under legal age ("minors"). If you are a minor, you may not use this service. IF YOU DO NOT QUALIFY, PLEASE DO NOT USE OUR SITE.
For avoidance of doubt, We shall not be responsible for any unauthorized use by minors of our Services in any way or manner.
Furthermore,
our services are available only to, and may only be used by individuals
who have sufficient experience and knowledge in financial matters to be
capable of evaluating the merits and risks of acquiring financial
contracts via this Site and have done so without relying on any
information contained in this Site.
Without
derogating from the above provision, we shall not be responsible for
verifying and/or checking whether you possess such sufficient knowledge
and/or experience, nor shall we be responsible for any damage and/or
loss incurred by you as a result of insufficient knowledge and/or
experience. IF YOU DO NOT QUALIFY, PLEASE DO NOT USE OUR WEB SITE.
Without limiting the foregoing, our services are not available where they are illegal to use, and the Company reserves the right to refuse and/or cancel services to anyone at its own discretion.
US residents may not use this site, however, they may register and trade onboard the US designated site only: www.Easy-Forex.com/us
Our services are not available to Hong Kong residents since Hong Kong law does not allow persons not authorized by the Hong
Kong Securities & Futures Commission to carry on the business of
dealing in futures contracts. Therefore, until such license or
authorization is received, futures contracts entered into by residents
of Hong Kong will not be accepted or honored by the Company. IF YOU ARE
A HONG KONG RESIDENT, PLEASE DO NOT USE OUR WEB SITE.
Without
limiting the foregoing, you understand that laws regarding financial
contracts vary throughout the world, and it is your obligation alone to
ensure that you fully comply with any law, regulation or directive,
relevant to your country of residency with regards to the use of the
Web site. For avoidance of doubt, the ability to access to our Web site
does not necessarily mean that our Services, and/or your activities
through it, are legal under the laws, regulations or directives
relevant to your country of residency.
This Web site does not
constitute, and may not be used for the purposes of, an offer or
solicitation to anyone in any jurisdiction in which such offer or
solicitation is not authorized, or to any person to whom it is unlawful
to make such an offer or solicitation. Access to this Web site, and the
offering of financial contracts via this site, may be restricted in
certain jurisdictions, and, accordingly, users accessing this site are
required to inform themselves of, and to observe, such restrictions.
You
hereby declare that the moneys invested in your account with the
Company do not originate from drug trafficking, abduction, or any other
criminal activity.
Easy-Forex
grants you a non-exclusive, non-transferable and limited personal
license to access and use its Web site (the "license"). This license is
conditioned on your continued compliance with the terms and conditions
of this Agreement.
You agree not to "deep-link" to the Web site,
resell or permit access to the Web site to others, and not to copy any
materials appearing on the Web site for resale or for any other purpose
to others without the prior written consent of Easy-Forex.
For avoidance of doubt, you shall be responsible and bound by any unauthorized use of the site, made in breach of this section.
You
agree to use the information received from the information systems of
Easy-Forex for the sole purpose of executing transactions inside and
within the Easy-Forex Web site.
You further agree not to use any
electronic communication feature of a Service on the Site for any
purpose that is unlawful, tortuous, abusive, intrusive on another's
privacy, harassing, libelous, defamatory, embarrassing, obscene,
threatening or hateful.
The license granted under this Agreement
will terminate if Easy-Forex believes that any information provided by
you, including your e-mail address, is no longer current or accurate,
or if you fail to otherwise comply with any term or condition of this
Agreement and all rules and guidelines for each service.
Upon
such violation, you agree to cease accessing Services. You agree that
Easy-Forex, at its sole discretion and with or without notice, may
terminate your access to any or all Services, and remove and discard
any information or content within a Service.
Unless
otherwise indicated for a particular Service, any communications or
material of any kind that you e-mail or otherwise transmit through the
Services, including information, data, questions, comments or
suggestions (your "Communications") will be treated as non-proprietary
and non-confidential.
By accepting this Agreement you grant a
license to Easy-Forex to use your Communications in any way it thinks
fit, either on the Web site or elsewhere, with no liability or
obligation to you.Easy-Forex is free to use any idea, concept,
know-how or technique or information contained in your Communications
for any purpose including, but not limited to, developing and marketing
products.
Easy-Forex is entitled, but not obligated, to review
or retain your Communications. Easy-Forex may monitor your
Communications to evaluate the quality of service you receive, your
compliance with this Agreement, the security of the Web site, or for
other reasons. You agree that such monitoring activities will not
entitle you to any cause of action or other right with respect to the
manner in which Easy-Forex monitors your Communications. In no event
will Easy-Forex be liable for any costs, damages, expenses or any other
liabilities incurred by you as a result of Easy-Forex's monitoring
activities.
Easy-Forex
will supply you with the informational and technical means to use its
Services in a twenty-four-hour mode of operation starting Sunday 22:00
GMT to Friday 21:00 GMT except on official holidays in the USA and
Europe.
Easy-Forex shall provide you with access to trading
transactions and quotes through the reserve in a twenty-four-hour mode
of operation starting Sunday 22:00 GMT to Friday 21:00 GMT, except on
official holidays in the USA and Europe, through the operators of
Easy-Forex.
Easy-Forex will fulfill to the best of its abilities
all your trading orders, keep the register of your orders and of their
fulfillment, and will provide you with necessary extracts upon your
request.
Easy-Forex shall provide the following online reports:
- Open Positions: Report presenting the account's open transactions.
- Account Statement: Report presenting the account's balance and statement at a given point of time.
You know, understand and agree that, in general, Easy-Forex does not collect tax for any authority in any form or manner.
Without
limiting the foregoing, it is your obligation alone to calculate and
pay all taxes applicable to you in your country of residence, or
otherwise arising as a result of your trading activity from the use of
the Company's Services.
Without derogating from your sole and
entire responsibility to perform tax payments, you agree that the
Company may deduct tax, as may be required by the applicable law, but
is not obligated to do so, from the results of the activity with Easy
Forex. You are aware that amounts that may be withdrawn by you from
your account are "gross amounts", from which the Company may deduct
such taxes, and that you shall have no claim towards the Company with
regard to such deductions.
When you register for the service, Easy-Forex may ask you to provide certain identifying information ("Registration").
You
agree to provide true, accurate, current and complete information about
yourself during the Registration process, and you also agree not to
impersonate any person or entity, misrepresent any affiliation with
another person, entity or association, use false headers or otherwise
conceal your identity from Easy-Forex for any purpose. If you are
registering as or for a business entity, you hereby declare that you
have the authority to bind that entity to this Agreement.
Easy-Forex
will treat with care the information you entrust to the Company, in
accordance with the disclosures it provides during the Registration
process and in its Privacy Policy.
During the Registration
process you will be asked to choose a user name and password that will
be used by you every time you access the Web site to use the service.
For your protection and that of other Web site users, you should not
share your Registration information (including your password and
username) with another person or business entity for any purpose including, but not limited to, facilitating access and unauthorized use of the Service. You
alone are responsible for all acts or omissions that occur within the
Web site through the use of your Registration information.
If
you believe that someone has used or is using your Registration
information, user name or password to access any Service without your
authorization, you should notify our Customer Support immediately.
Procedures for opening a new account
To
help governments fight the funding of terrorism and money laundering
activities, the applicable laws require that all financial institutions
shall obtain, verify, and record information identifying each person
who opens an account.
What does that mean for you?
When you
open an account, we ask that you provide your name, address, date of
birth and other information that will allow us to identify you. We may
also ask to see your Passport (and/or your driver's license) or other
identifying documents.
Privacy Policy
Easy Forex
Ltd. (the "Company") is committed to protecting the confidentiality of
any customer's information, which it may acquire during the course of
providing its services. It is the Company's policy not to disclose
customer's information to non-affiliated third parties, except with the
consent of the customer or when required by law. The Company is
providing this Privacy Policy to help you understand how we protect the
privacy of financial and other non-public personal information about
you.
Information We Collect
We collect non-public personal information from you, from the following sources:
- Information we receive from you on applications or other forms;
- Information about your transactions with us; and
- Information we receive from a consumers' reporting agency.
Categories of Information We Disclose
We
do not disclose any non-public personal information about our
customers, or our former customers, to anyone, except as permitted by
law and for authentication of the client's identity.
Confidentiality and Security
We
restrict access to non-public personal information about our customers,
to those employees who need to know such information, in order to
provide service to your account. We maintain physical, electronic and
procedural safeguards, which comply with all applicable laws, in order
to safeguarding your non-public personal information.
Privacy statement
Easy
Forex views its customers' privacy and the protection of information
concerning them, to be of prime importance. We store and process your
information on computers located in the USA. Physical and technological
security devices protect these computers. If you object that we handle your information in such manner, please do not use our services.
We
shall not sell or rent your personal information to third parties for
any purposes, without your explicit consent and we shall only use your
information as described in our Privacy Policy.
The
customer hereby agrees to indemnify and hold harmless Easy Forex, its
directors, officers, employees or agents from and in respect of any
loss, damage, liability, cost or expense that it may suffer or incur by
reason of the Customer failing to discharge its obligations under or
acting in breach of any of the terms and conditions herein contained or
as a result of any breach of any applicable laws or regulations.
In
the event that there is any liability of the Customer to Easy Forex its
directors, officers, employees or agents under the indemnity provisions
of the clause hereinabove, Easy Forex shall have the right to set-off
that amount against any balance held to the credit of the account
opened by the Customer with Easy Forex.
IN
NO EVENT SHALL EASY-FOREX, ITS OFFICERS, DIRECTORS OR EMPLOYEES BE
LIABLE FOR LOST PROFITS OR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL
DAMAGES ARISING OUT OF OR IN CONNECTION WITH OUR WEB SITE, OUR SERVICES
OR THIS AGREEMENT (HOWEVER ARISING, INCLUDING NEGLIGENCE) EXCEPT AS
STATED IN THIS AGREEMENT.
THE LIABILITY OF EASY-FOREX, ITS
OFFICERS, DIRECTORS OR EMPLOYEES, TO YOU OR ANY THIRD PARTIES IN ANY
CIRCUMSTANCE IS LIMITED TO THE AMOUNT OF MONEY YOU TRANSFERRED OR
DEPOSITED IN YOUR ACCOUNT AT EASY-FOREX IN RELATION TO THE TRANSACTION
GIVING RISE TO SUCH LIABILITY.
You agree to use the Web site at your own risk.
Without
limiting the foregoing, the financial services contained within this
site are suitable only for customers who are able to bear the loss of
all the money they invest, and who understand the risks and have experience in taking risks involved in the acquisition of financial contracts.
International
currency prices are highly volatile and are very difficult to predict.
Due to such volatility, in addition to the spread that Easy-Forex adds
to all calculations and quotes (as described below in further detail), no financial contract purchased or other Service offered in our Web site (whether or not the payout exceeds the premium amount) may be considered as a safe trade.
The maximum loss that may be incurred by any customer is the amount of money paid by them to the Company.
Stop
Loss Orders shall be executed either at the exact exchange rate
selected by the customer, where the amount will be calculated
automatically, or at the exact amount of loss selected by the customer,
where the exchange rate will be calculated accordingly. A transaction
of that nature shall be executed as soon as the distinctive
("indicative") exchange rate is found on the financial information
systems which, including the Company's spread, is either identical to
the order given by the customer, or indicates an identical amount of
loss declared by the customer.
The calculation of the price to
be paid (or the payout to be received) for financial contracts on this
site, at the time the financial contract is purchased or sold, will be
based on the Company's best estimate of market prices and the expected
level of interest rates, implied volatilities and other market
conditions during the life of the financial contract, and is based on a
complex arithmetic calculation.
The calculation will include a spread in favor of the Company.
The financial contract prices (or the payout amounts) offered to
customers speculating on market or index prices, may differ
substantially from prices available in the primary markets where such
contracts are traded, due to the spread favoring the Company in the
price calculation system referred to above.
The Company does not
provide a market amongst or between customers for investments or
speculations. Each financial contract purchased by a customer via this
site is an individual Agreement made between that customer and the
Company, and is not transferable, negotiable or assignable to or with
any third party.
Easy-Forex
may make available to you through one or more of its Services a broad
range of financial information that is generated internally or obtained
from agents, vendors or partners ("Third Party Providers"). This
includes, but is not limited to, financial market data, quotes, news,
analyst opinions and research reports, graphs or data. ("Market
Information”).
Market Information provided on these Web pages is
not intended as investment advice. Easy-Forex does not endorse or
approve the Market Information, and we make it available to you only as
a service for your own convenience. Easy-Forex and its Third Party
Providers do not guarantee the accuracy, timeliness, completeness or
correct sequencing of the Market Information, or warrant any results
from your use or reliance on the Market Information.
Market
Information may quickly become unreliable for various reasons
including, for example, changes in market conditions or economic
circumstances. Neither Easy-Forex nor the Third Party Providers are
obligated to update any information or opinions contained in any Market
Information, and we may discontinue offering Market Information at any
time without notice.
You agree that neither Easy-Forex nor the
Third Party Providers will be liable in any way for the termination,
interruption, delay or inaccuracy of any Market Information. You will
not “deep-link”, redistribute or facilitate the redistribution of
Market Information, nor will you provide access to Market Information
to anyone who is not authorized by Easy-Forex to receive Market
Information.
You
shall be responsible for providing and maintaining the means by which
to access the Web site, which may include, but is not limited to, a
personal computer, modem and telephone or other access line.
You
shall be responsible for all access and service fees necessary to
connect to the Web site and assume all charges incurred in accessing
such systems. You further assume all risks associated with the use and
storage of information on your personal computer or on any other
computer through which you will gain access to the Web site and the
services (hereinafter referred to as “computer” or “your computer”).
You
represent and warrant that you have implemented and plan to operate and
maintain appropriate protection in relation to the security and control
of access to your computer, computer viruses or other similar harmful
or inappropriate materials, devices, information or data.
You
agree that Easy-Forex will not be liable in any way to you in the event
of failure of or damage or destruction to your computer systems, data
or records or any part thereof, or for delays, losses, errors or
omissions resulting from the failure or mismanagement of any
telecommunications or computer equipment or software.
You will
not transmit to or in any way, whether directly or indirectly, expose
Easy-Forex or any of Easy-Forex's online service providers to any
computer virus or other similarly harmful or inappropriate material or
device.
Acquisition of a financial contract is completed when
the financial contract has been customized, the premium (or the margin,
as the case may be) has been calculated and payment has been verified.
You
agree to be fully and personally liable for the due settlement of every
transaction entered into under your account with the Company. You are
responsible for ensuring that you alone control access to your account,
and that no minor or other person is granted access to trading on the
Web site using your account. In any case, you alone remain fully liable
for any and all positions traded on your account, and for any credit
card transactions entered into the Site for your account. You agree to
indemnify the Company fully in respect to all costs and losses
whatsoever as may be incurred by the Company as a result, direct or
indirect, of your failure to perform or settle such a transaction.
You
agree that in the case that any financial contract is acquired or sold
at prices that do not reflect its market prices, or that is acquired or
sold at an abnormally low level of risk (the “mis-pricing”) due to an
undetected programming error, bug, defect, error or glitch in our Web
site software (the “error”), Easy-Forex reserves the right to cancel
such transactions upon notifying you of the nature of the computer
error that led to the mis-pricing. You have a duty to report to the
Company any problem, error or suspected system inadequacies that you
may experience.
Easy-Forex
reserves the right to suspend the operation of this site or any part or
sections of it. In such an event, Easy-Forex may, at its sole
discretion (with or without notice), close out the customers' open
financial contracts at prices it considers fair and reasonable at such
a time and no claims may be entertained against the Company in
connection thereto.
Easy-Forex may, at its sole discretion, impose volume limits on Customer accounts.
Contract
payouts shall be determined by Easy-Forex by reference to the daily
values reported on this Web site relevant to the interbank trading data
received by the Company for forex quotes, subject to the proviso that
Easy-Forex shall have the right to make corrections to such data in the
event of mis-priced or typographically incorrect data.
You
agree that Easy-Forex will not be liable in any way to you or to any
other person in the event of force majeure, or for the act of any
Government or legal authority, or for the failure of or damage or
destruction to its computer systems, data or records or any part
thereof, or for delays, losses, errors or omissions resulting from the
failure or mismanagement of any telecommunications or computer
equipment or software.
The parties shall be released of all
responsibilities for partial, full or non-fulfillment, as well as for
improper fulfillment of the obligations under this Agreement, if such
non-fulfillment or improper fulfillment was a result of extraordinary
events, which occurred after this Agreement was concluded and which the
party could not either foresee or prevent (natural calamities, wars,
armed conflicts etc.).
You
understand that while the Internet and the World Wide Web are generally
reliable, technical problems or other conditions may delay or prevent
you from accessing the Web site.
Easy-Forex shall not be liable,
and you agree not to hold or seek to hold Easy-Forex or any of its
agents or service providers liable, for any technical problems, system
failures and malfunctions, communication line failures, equipment or
software failures or malfunctions, system access issues, system
capacity issues, high Internet traffic demand, security breaches and
unauthorized access, and other similar computer problems and defects.
Easy-Forex
does not represent, warrant or guarantee that you will be able to
access or use the Web site at times or locations of your choosing, or
that Easy-Forex will have adequate capacity for the Web site as a whole
or in any geographic location.
Easy-Forex does not represent,
warrant or guarantee that the Web site will provide uninterrupted and
error-free service. Easy-Forex does not make any warranties or
guarantees with respect to the Web site and its content, including but
not limited to, warranties for merchantability or fitness for a
particular purpose.
Without limiting the foregoing Easy-Forex
will not be responsible for an impossibility to execute orders and
requirements due to failures in the operation of informational systems
caused by technical faults, which are beyond its control.
Easy-Forex
may provide a link to other sites that are controlled or offered by
third parties. Such link to a site or sites is not an endorsement,
authorization, sponsorship or affiliation with respect to such site,
its owners or its providers.
Easy-Forex cautions you to ensure
that you understand the risks involved in using such sites before
retrieving, using, relying upon or purchasing anything via the Internet.
Links
to these Web sites are provided solely for your convenience, and you
agree that under no circumstances will you hold Easy-Forex liable for
any loss or damage caused by use of or reliance on any content, goods
or services available on other sites.
All
content, trademarks, services marks, trade names, logos and icons are
the property of Easy-Forex or its affiliates or agents and are
protected by copyright laws and international treaties and provisions.
You
agree not to delete any copyright notices or other indications of
protected intellectual property rights from materials that you print or
download from the Web site. You will not obtain any intellectual
property rights in, or any right or license to use such materials or
the Web site, other than as set out in this Agreement.
Images
displayed on the Web site are either the property of Easy-Forex or used
with permission. You agree not to upload, post, reproduce or distribute
any information, software or other material protected by copyright or
any other intellectual property right (as well as rights of publicity
and privacy) without first obtaining the permission of the owner of
such rights and the prior written consent of Easy-Forex.
Nothing
contained on the Web site shall be construed as granting, by
implication, estoppels, or otherwise, any license or right to use any
trademark without the written permission of Easy-Forex or such third
party that may own the trademarks. Your use of the trademarks, or any
other content of the Web site, except as provided herein, is strictly
prohibited.
This Agreement, shall be governed by the laws of Switzerland,
without regard to conflicts of law principles thereof. This is the case
regardless of whether you reside or transact business with Easy-Forex
anywhere else in the world.
If any part of this Agreement is
unlawful, void or unenforceable, that part will be deemed severable and
will not affect the validity and enforceability of any remaining
provisions.
The parties recognize electronic and magnetic
recordings as evidence when settling disputable matters, in order to
state any facts concerning the obligations for trading operations in
the FOREX market.
Binding Arbitration: For any Claim
(excluding Claims for injunctive or other equitable relief) where the
total amount of the award sought is less than $10,000, you or
Easy-Forex may elect to resolve the dispute through binding arbitration conducted in person, on-line or based solely upon written submissions
where no in-person appearance is required. In such cases, the
arbitration shall be administered by the Swiss Bar in accordance with
their applicable rules, or any other established Alternative Dispute
Resolution provider mutually agreed upon by the parties. Any judgment
on the award rendered by the arbitrator may be entered, exclusively, in
any court located within the City of Zurich, Switzerland, having jurisdiction thereof.
Exclusive Court Jurisdiction: Alternatively, you agree to submit to the personal and exclusive jurisdiction of the courts located within the City of Zurich, Switzerland to settle any dispute, which may arise in relation thereto.
The
services provided under this Agreement, which are limited to "Day
Trading" and "Limit Orders", are provided by Easy Forex Limited, a
Cyprus incorporated company having its address at 1 Griva Dighenis
Street, Limassol, Cyprus.
It is important that you be fully aware of the following points:
- Day-Trading
position may be extended to the following day, as presented to Customer
on the site. Such extension is subject to Renewal Fee (Rolling Fee) at
the rate and time as specified on the site. Company shall collect such
Renewal Fee from the Free balance in the Customer’s account held with
the Company. In case there are no sufficient funds in Customer’s free
balance to cover such fee(s), Customer herby agrees that Company may
charge, at its sole discretion, such fee(s) from Customer’s credit
card(s). Note that the minimum charge from a credit card is USD 3.00.
Accordingly, any surplus balance, after paying the said fee(s) will be
credited to the Customer’s balance.
- Where being
unable to collect such fee(s), Company reserves the right to close
part, or all, of Customer’s open positions, in order to facilitate such
charge. Notwithstanding, Customer shall be liable for promptly paying
such fee(s) to Company even if Customer has had full loss of all
margins deposited by him.
- The high level of leverage
effect possible in conducting foreign currency transactions stems from
the fact that it is only necessary to pay relatively modest margins or
guarantees in relation to the scope of the contract.
- The
result of the above is that even a slight fluctuation of the market
could mean substantial gains when these fluctuations are in your favor,
but that could also mean considerable losses if the fluctuations are to
your detriment.
- No system exists that could assure you
that transactions on the foreign currency market should bring you great
benefits, nor is it possible to guarantee, that your transactions will
yield favorable results.
- Even though the foreign
currency markets are fluid (liquid) as compared with other financial
and exchange markets, the market conditions might at times render the
execution of an order or of a limit order at a stipulated price
impossible.
- The amount you could lose in a transaction
carrying limited risk will never be more appreciable than that which
you can lose in transactions having no pre-determined limit on loss.
- Nevertheless,
even though the extent of the losses could be subjected to an agreed
upon limit, the risk of incurring losses could be higher, and that loss
could occur in a relatively short period of time.
- It
is possible that some unfavorable situations on the market could occur,
in a relatively short period of time, resulting in the TOTAL LOSS of
your investment.
- Since deposit of an
additional guarantee is not obligatory in this case, Easy-Forex
reserves the right to close the outstanding balances without the
customer's consent.
- The risk information presented here
does not reflect all of the risks as well as other important aspects
intrinsic to the FOREX market. Therefore, before starting to trade, you
should learn the specifics of trading on FOREX markets in detail.
- You
should conclude an Agreement for opening and/or closing transactions on
the FOREX market only if you are absolutely sure of the size of its
possible risk and consequences, and if you understand in detail the
scope and range of your rights and obligations.
- Products offered on this site: the products offered on this site are solely "Day Trading" and "Limit
orders". For additional information regarding these products please
refer to our Guided-Tour and / or our Glossary
- Phone call recording: Easy
Forex records, at its sole discretion, telephone calls made from and to
its offices.You hereby agree that telephone calls made, either by you
contacting Easy Forex, or when being contacted by Easy Forex, may be
recorded by the Company.
- Withdrawal
orders: The provision of documentation as may be required from time to
time by AML regulations, Credit Card companies and Easy forex, is a
prerequisite, prior to the execution of a withdrawal order.
- Credit
card deposits may be, according to credit card companies' regulations,
returned to same credit card when a withdrawal is performed. A
withdrawal to a bank account where initial deposits have been performed
by credit cards will be executed back to credit card or to bank account
at company's discretion. Withdrawals to bank account may take a longer
time period, due to additional security procedures.
- Credit
Card Deposits Variance: When choosing an account base currency other
than USD, your credit card may be debited sums which due to exchange
rates and credit card companies’ fees, may slightly vary from the
initial sum that has been deposited by you in the account base
currency. You hereby accept that such variations may occur and you
hereby affirm that you shall not seek to object or charge this
back.Note that when Using USD as account base currency this phenomena
will be avoided.
- When depositing by a Bank Transfer, as
required by anti money-laundering regulations, you are required to use
only one bank account, which is in your country of residence and in
your name. An authentic SWIFT confirmation, showing the origin of the
funds, must be sent to Easy Forex. Failure to submit such SWIFT may
result in the return of the deposited amount, hence preventing the
deposit of such pending amounts to your Easy Forex account. Any
withdrawal of funds, from your Easy Forex account to a bank account,
can only be refunded to the same bank account that the funds were
originally received from.
- Alternative payment methods
(internet payment vendors; money transfer services; etc.): when
depositing funds using a facility other than Credit Cards and/or Banks,
you agree to, and acknowledge being bound by, the regulations and rules
of such service, including, but not limited to, fees and other
restrictions. Easy Forex, at its sole discretion, may execute
withdrawals to a facility other than the facility used for the original
deposit, in accordance with anti money-laundering regulations.
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