Terms & Conditions

This site is owned and operated by Financial Management. These terms become valid as soon as the Company and you, as the client, conclude the agreement. When you visit the Company’s website and receive access to the Company’s services, you confirm that you understand and accept these terms.The terms “Client”, “you” and “your”, as applied in this document shall have reference to you or any other person, which you represent,your representatives and representatives of the said person, your successors and affiliates, as well as to any your or their establishments.If you do not agree with the said terms, please, do not use the Company’s services and immediately advise us on your disagreement.

Legitimacy of use

You acknowledge and fully understand that your ability to have access to the Company’s services does not automatically mean that you lawfully use it. You must be an adult (who is completely 18 years old). If legal adulthood in your country of or in the country of your residence is the age of more than eighteen (18) years old, you may then use the services solely upon reaching of corresponding age of legal adulthood. By accepting this Agreement, you confirm and guarantee that you have reached the age of legal adulthood in compliance with the foregoing. The Company reserves the right to require documented confirmation of your age. Validity of your account may be postponed until adequate confirmation of your age is given, if the Company requests any. Further, the Company’s services may not be used in countries and on the territories where this type of financial operations is not permitted. The services may not be used if you are a resident or a citizen of the United States of America, Australia, Israel, Japan, Canada, North Korea, France, Ukraine, Iran, Sudan or Belgium, as the Company does not accept the clients from listed countries. By accepting this Agreement you confirm and guarantee that you are the resident of the country or the territory where the use of the services is not prohibited, your confirm and guarantee that you are not located in the USA, you are not a resident or a citizen of the United States of America, Australia, Israel, Japan, Canada, North Korea, France, Ukraine, Iran, Sudan or Belgium. For detailed information, please, refer to the section “Warning on risks”. Furthermore, you acknowledge and confirm that you are not an employee, the director, a partner, an agent, a co-partner of the Company or its partners, and you are not related anyhow with the previously mentioned persons, including kinship, save where the company’s written consent thereon is given.

Rendering of services. Termination of use of services

The Company gives you a non-exclusive, non-transferrable to the third parties and limited right of access and use of services (without public demonstration of use), including all available data attached to the services (hereinafter – the Data) on your PC based on this Agreement (hereinafter – “Provision”). The Company may cease the Provision of right to use the Services (either temporarily or permanently, fully or partially), at the Company’s discretion, either with or without notice given. As soon as the right to use is not given anymore, the Company may: Delete or deactivate your account, Block your email and/or IP address, or in other manner terminate your use of the Services, Take another action to prevent your use of the Services. After termination of provision of the right to use the Services, all remaining provisions of the agreement between you and the Company and those of this Agreement shall remain in force. Provision of the right to use the Company’s services shall be also automatically terminated if the following circumstances occur: You violate the agreement; Your representations and warranties on this Agreement cease to be valid; You are recognized as a bankrupt, and the proprietary representative or receiver of all or the major part of your property and assets are appointed; Your death or incapacity; Liquidation of your company (if you represented the interests of a legal entity); Your refusal to provide or confirm the information requested by the Company, as per the terms of this Agreement.

Account. Services. Transactions

You must open the account on the services (hereinafter – the “Account profile”) in order to use the Company’s services. Herewith you confirm and guarantee that all information that you render, during opening of the account, is complete and true. You shall timely renew the said information, if it was changed, or upon the Company’s relevant request. By opening of the account in the name of the company or another person, you confirm and guarantee that you have powers and capacity to act as the party to this Agreement, and obligations you undertake are binding circumstances for the company or a person you represent. You may not use the account of another private individual or a legal entity without consent given. You are fully responsible for keeping confidentiality of your account, for limitation of access of the third parties to the account, and for all your actions with your account. You shall immediately notify us on any case of breach of security or use of your account you didn’t authorize. You acknowledge that we shall not be responsible for any loss incurred due to unauthorized use of your account or for access of the third parties thereto. You indemnify the Company from any loss and hold the Company harmless from any possible claims on any such unauthorized use. You may not share the account with any other private individual or a legal entity. You need to liaise with the manager of your account in order to open additional trade accounts. If the Company has grounds to believe that the account is opened for fraud purposes, and/or where several accounts were created without agreement with the account manager, the Company reserves the right to cancel any transaction related to the said accounts. You hereby authorize the Company to request, anytime, directly or through the third parties, the information, which the Company considers necessary to confirm your identity and to verify the information you rendered. The said requests may include the request to render additional personal information, which would enable the Company to identify you. You may be required to take steps to confirm that you are the owner of certain email or financial instruments. The Company reserves the right to compare your data with the database of the third parties or with other sources, to demand presentation of the passport or another document confirming your identity. We provide Islamic accounts Forex, also known as swap-free currency accounts, as under the said type of accounts no accrual or running of swaps and interest for transfer of a position to the following day take place. The said accounts correspond to Islamic religious principles. Based on Islamic rules any business operation under which a party shall pay or receive certain interest from the other party is prohibited. Swap-free accounts shall be used solely by Muslims based on their religious belief. We reserve the right to ask the provision of adequate rationale and/or confirmation of necessity to use the said account. Moreover, we reserve the right to refuse from processing of such request at our discretion without any explanation or rationale to be given. Herewith you recognize that the use of swap-free trade accounts for purposes of getting the profit out of swaps is not permitted. We reserve the right at any time at our discretion without requirement to give explanations or rationale whatsoever, to abolish the “swap-free” status attached to any trade account. You shall ensure that you have sole control over the access to your account details, and no other person, including minors, has access to the Trade Platform through your Account Details.

You acknowledge that you bear sole and full responsibility for all actions held in the Trade Platform with the use of your Registration Data, including any unauthorized disclosure of your Account Details. You shall immediately notify us, orally and then in writing, on all known, by you, cases of loss, theft or use by any person, other than you, of any part of your Registration Data, including the Account Details. We will take measures to exclude further use of such Account Details and we will create other Account Details. You may not place Order until new Account Details are received. If you become aware from a reliable source that any third party might get, in unauthorized manner, your Account Details, we may, at our option, deactivate your Client’s account without any obligations towards you. You acknowledge that we bear no liability if any third party receives unauthorized access to your information, including the emails, means of electronic communication, personal data and the Account Details, at the time when the aforesaid is transmitted among the parties, or by any party, by way of the Internet or other network communication systems, by mail, by phone or by other electronic means. You shall indemnify and protect us from any harm as the result of any claims, procedures, losses or damage incurred by any use or unauthorized use of the Trade Platform, or unauthorized access thereto, with the use of your Account Details. If any type of violation, fraud, cheating, interest rate arbitration, “cash back” or other types of unfair or fraudulent activities with regard to swap-free accounts is revealed, we reserve the right at any time to do the following: To immediately abolish the “swap free” status on any trade account of such client; To rectify and restore any unaccrued swaps and any interest bearing expenses and/or expenses having reference to any “swap-free” account of such client for the period when the said accounts were transferred to the “swap-free” status; To immediately close all trade accounts of such client, reset to zero all transactions the client held under the said account opened with us and cancel any profit the client received under the said account opened with us. We may change, modify and make restatements, fully or partially, to the policy stated above with regard to “swap-free” accounts at our option without requirement to provide any explanations or rationale.

The Company’s services enables you, inter alia, to transact on certain assets, including foreign currencies, financial instruments, which are defined as contracts for difference and other securities. You acknowledge and fully understand that you use our services in order to take part in any action, lack of action, purchase, sale, trades or any other transaction (further jointly referred to as the “transactions”) on the market as the person acting in its own name, and we do not act as your agent during performance of any financial and trade operations. You acknowledge that you are directly and fully responsible for compliance with all your obligations with regard to your transactions on the market made with the help of the Company’s services. After the end of all procedures on measures of security and identification related to the use of the Company’s services, the Company will provide you with the access to the services, save where there are agreements or your instructions on the matter, as aforesaid. All references to our trade hours are given based on average GMT (“GMT”) in 24 hours’ form. The Company’s services are available for work at any time from 22:00 GMT on Sunday till 22:00 GMT on Friday (in winter) or from 23:00 GMT on Sunday till 23:00 GMT on Friday (in summer) each week, excluding official holidays, when financial markets are closed, and excluding cases when the markets are closed due to lack of liquidity in financial instruments. Please visit our website for more detailed information on working hours on each financial instrument. The Company reserves the right to postpone or change working hours at our discretion, and, in this case, the Company’s website will reflect relevant changes in order to refer this information to you. The Clients are given the option to perform trading operations by phone during trading hours. You acknowledge that the Company may close the transactions under contracts for difference at the most recent price available on the market on the last day when the contract ceases to be in force. The time of closing is set on the company’s website. You acknowledge that minimal timeline for performance of the transaction is 3 minutes. We reserve the right to cancel the transaction if the timeline between the opening of a transaction and its closing is less than three minutes. Maximum period for holding the position opened on the web-platform is 21 days. We reserve the right to close your transactions with positions that remain to be opened for more than 21 days. If the order is opened under the contract with a specific date of lapse, the order will be closed after the 21st day is lapsed or on the day set by the contract as the date of lapse (whichever is earlier). YOU ACKNOWLEDGE AND ACCEPT THE FACT THAT YOU MAY LOSE MONEY AS CONSEQUENCE OF USING OUR SERVICES (INCLUDING SITUATIONS ARISEN OUT OF HOLDING TRANSACTIONS), AND THAT YOU ARE FULLY RESPONSIBLE FOR ANY SUCH LOSSES.

Your use of the Company’s services is strictly limited by the terms of this agreement (including the documents, which the text of the agreement refers to) and technical restrictions related with the Company’s services. The Company runs your transactions in the “solely execution” type of a service. We execute your transactions, even where the transactions are not profitable. You acknowledge and accept the fact that you are fully responsible for your transactions. You acknowledge and fully accept the fact that we bear no responsibility for any monitoring over your transactions. If, at any time, we decide, at our discretion, to monitor your transactions for whatsoever reason, therewith we assume no liability for your transactions and we have no obligations towards you with regard to consulting you on your transactions. Without limitations to the generality of the foregoing, we assume no obligations with regard to depositing or closing of any your opened positions. The Clients are given the option to perform trading operations by phone during trading hours. In order to run trading operations by phone, the Company’s employees may render technical support to the Clients by phone with regard to opening/closing/changing of parameters (take-profit, stop-loss) of transactions in the name of the Clients. If the Clients do not agree with the use of the said Company’s services, they may inform the Company thereon or they may refrain from using the said services. The Client must refer to the clientele support section (to one’s own manager) in order to open/close/change the transaction. The Client may, as well, refer to the Company to obtain systematic technical support with regard to opening/closing/changing of the transactions by phone. In this case, the Company’s manager shall perform regular phone liaison with the Client in order to assist the Client with performance of trading operations. The following is required in order to open the transactions by phone: Identify yourself, stating the surname, name, patronymics and the account’s login. If required, answer to possible security question (date of birth, other personal data the Client provided the Company with).

Confirmation of terms (type of option, volume of position, trend, end of option) of transaction to be opened (sell-purchase), take-profit, stop-loss (if required). The manager informs the Client on the current rate of the asset and receives the Client’s consent to open the transaction on the specified rate. The following is required from the Client in order to close the transactions by phone: Identify yourself, stating the surname, name, patronymics and the account’s login. If required, answer to possible security question (date of birth, other personal data the Client provided the Company with). Clearly specify the transaction to be closed. The following is required from the Client in order to change the transactions by phone: Identify yourself, stating the surname, name, patronymics and the account’s login. If required, answer to possible security question (date of birth, other personal data the Client provided the Company with). Clearly specify the transaction, which parameters are to be changed, and state exact changes to be done. Marginal balance required for opening of the transaction shall be verified prior to making the transactions by phone. All phone calls are recorded in order to ensure the quality of services. You agree that all conversations between you and the Company’s staff are recorded without prior notice. You acknowledge that the said records and the results of transcription thereof may be used as evidence, if any disputes take place. The Client agrees that when the remote type of opening/closing/changing of transactions is applied, the asset’s rate may fluctuate from the moment of receipt the Client’s order/consent to open/close/change the transactions. The Client accept such terms and shall have no claims on such fluctuations, if remote type of opening/closing/changing of transactions is applied. The consent on opening/closing/changing of transactions expressed by way of acceptance of terms of this Agreement, as well as the record of telephone conversation with the Client shall serve for the Company as the confirmation of execution of the Client’s instructions during opening/closing/changing of transactions.

The use of type of performance of trading operations set in this section shall not result in concluding of any separate agreement between the Company and the Client, including the agreement on trust etc. All trading operations performed with the use of technical support from the Company are held by the Client and at the Client’s discretion. In like manner, as in all other cases, the Company bears no liability for the results of the said transactions. Calculation of prices, profit or losses related with the transactions held at the time when the transaction is opened or closed, are grounded on our approximate evaluation of current market prices and expected level of the interest rate, forecast volatility and other market conditions at the time when the transaction is held. The said indicators are based on sophisticated arithmetic calculations, and we define thereof solely at our discretion. The said calculations include spread in our favor, which means that the indicators used may significantly differ from the prices on the primary market where similar transactions are held. The Company does not perform actual delivery of the currency (or other securities) to run the transactions. Any profit or losses you receive out of transactions held are kept in your account or are withdrawn from your account after you closed the transaction. You acknowledge and accept the fact that if a transaction is closed at a price, which does not reflect, for whatsoever reasons (including unrevealed software error, sudden malfunctioning or any other reason which may lead to incorrect establishment of a price), actual state of the market, the Company reserves the right to cancel such transactions.

Limitations of use of the services and transactions

You, your transactions and your use of the Company’s services shall correspond to the following terms, requirements and restrictions: You may not cheat, act fraudulently or anyhow mislead the Company. You may not use the Company’s services in any manner, which is other than explicitly approved or intended for your use. You may not disable, avoid or in any other manner interfere into the components related to the security of the functioning of the Company’s services, or into those, which result in limitations in the functioning of services. You shall not use the Company’s services for any unlawful actions. You may not deposit or in any other manner transfer onto the services tool and/or your account any funds received from unlawful activities. You may not use any virus software, a computer code, a file or a program developed in order to temporarily halt, destroy, limit or monitor the functioning of any software or telecommunication systems in relation with your use of the Company’s services. You may not use the Company’s services in any manner that may lead to criminal or civil persecution of the Company in any country and on any territory. You may not take any actions that lead to, or, in our opinion, may result in, unreasonable or disproportionate influence on our technological infrastructure, and, therefore, apply excessive requirements thereto. You may not resell or render the access to the Company’s services to the third parties, copy the data available in the Company’s services, for resale or for any other purposes, other than your personal use of the Company’s services. You may use the information received in the Company’s services solely for purposes of running the transactions and of your own training of trading on the financial markets.

You may not use the Company’s services for a purpose, which may presume offence, abuse, intrusion upon one’s privacy, harassment, defamation, threats or other actions that are unlawful, persecuted, unethical, fostering hatred and offending. You may not render incorrect information and/or incorrect data in relation with the use of the Company’s services. You undertake to keep all information on you, which you rendered to the Company, as true and complete. You may not anyhow bother the Company, its employees, contractors or other agents. You acknowledge and accept the fact that we may use either manual or automated instruments to verify your compliance with the requirements expressed in the “Limitations of use”. We reserve our exclusive right to define if you comply with the requirements set in the “Limitations of use”. If we become aware of any possible violation of the “Limitations of use”, or of other violations of terms of this Agreement, the Company may initiate investigation of potential violation, which may include collection of information on you, on persons, having claims against you, and other data and information, that the Company may consider necessary to receive the complete information. You hereby give your consent to comply with our reasonable requests, which may arise during investigations of any violations. Not a single employee and/or former employee who currently works or has worked, on a full-time job or a part-time job, for us or any enterprises affiliated with us may, at the time of having labor relations, as the employee or former employee, with us or any enterprises affiliate with us, become the client of any our brand (either directly or indirectly, personally or jointly with the partners, affiliates or any other third parties) without our written consent.

If we have grounds to believe that our employee and/or former employee trades with any company’s brand without our prior written consent, personally and/or through the third parties, we consider such a trade as violation. In the said circumstances, the account or accounts of the employee and/or former employee are immediately closed, and the funds located thereon are debited. We reserve the right to take respective actions against you in case of violations of the “Limitations of use” or in case of any other unauthorized use of the Services, including criminal, civil and administrative liability. Any use of our computer network, without any explicit authorization given under this Agreement, violates the agreement and relevant state and international legislative rules. We reserve the right to cancel and/or close the transaction that we define, in our opinion, as held in violation of the Agreement (including the “Limitations of use”). Without limitations to the generality of the foregoing, if we believe that you repeatedly hold the transactions in violation of this Agreement (including the “Limitations of use”), we may cancel and/or close all your transactions.

Data on services

When you use the Company’s services, you receive a broad range of information, data and materials gained out of a number of sources (hereinafter – the “Data”). The Data may include information on the state of the market (hereinafter – the information on the state of the market”), quotes, news, opinion of analytics, results of researches, diagrams and other information, data and materials we received from the third parties (hereinafter – the “third parties’ data”). The Company assumes no responsibility for the third parties’ data. All data are given to you solely to review, and the Company does not guarantee accuracy, timing, completeness and authenticity of any data. The Company is not responsible for any obligations you may face as the result of the use of the said data beyond the Company’s services. The Company is not responsible for trade decisions you made as the result of review of the data. Information on the state of the market does not presume ability to use it as an advice to invest. Please be warned that we render you information solely for purposes of review and to ease the use of services. We may place the links to the websites of the third parties that are fully independent from us. We assume no responsibility for accuracy of the data set in the said independent sources. We repeatedly emphasize your attention that all the data (including information of the state of the market and the third parties’ data) are given to you “as is” and solely for use within the services. Without any limitations to the generality of the foregoing, you acknowledge and accept the fact that the data may partially deviate from actual situation existing beyond the system. E.g., specified currency exchange rates on currency pair on the services may delay in comparison to real ones for the same currency pair. Data on the state of the market may rapidly become unreliable for a round of reasons, including, for example, market fluctuations or economic circumstances. We assume no obligation with regard to renewal of the data (including the data on the state of the market), and we may at any time without prior notice cease to fully or partially render the data. You may not copy, reproduce, distribute, transfer, broadcast, make public, sell, license or in any other manner use the data for whatsoever purpose. All data, including the third parties’ data and texts, visuals, pictures, music, video, software, scripts, trademarks, service marks and logos are the copyright and are protected by the legislation on the trademarks and rights of ownership based on laws of relevant countries and territories. Save where the explicit consent is given, you shall not copy, change, publish, transfer, distribute, participate in transfer or sale, create derivatives and use in any manner the data, either wholly or partially. By using our services, you agree to accept all terms that the company edits or refreshes in this agreement by way of placement of relevant adjustments on the website, and by proceeding with the trades on the platform, you accept these terms and agree with future adjustments. The company places adjustments on its website each time when those are made in the provisions of the Agreement. All adjustments are valid upon the lapse of ten days after their initial placement on the website, or on your first use our website after the adjustments are made (whichever is earlier). If you do not agree with the said obligations related with changes in terms of this Agreement, please, do not use the Services and do not make access to the Services and, please, immediately notify us in writing thereon.

Replenishment and withdrawal of funds

You need to make a deposit to your account (the Deposit) in order to take part in transactions. You may place a deposit to your account by means of any type of payment available on the Company’s services, at your choice and when you opt to do. The Company reserves the right to amend or reduce, at its choice and without the requirement of making of a special notice, the forms of making the deposit. If you place the deposit in any basic currency, other than the USD, you accept the fact that some extra funds may be written off your banking card to cover the expenses on currency exchange and the commission. If you place a deposit by way of wire transfer, you may use the only bank account opened for your name in the country of your domicile. You shall send us the original SWIFT-confirmation or confirmation of the transfer, which we consider as sufficient in order to confirm that your deposit is made by way of wire transfer. If you fail to provide such confirmation, then the deposit sent by way of wire transfer may be returned. If you make deposit by any other means (including digital money, systems of money transfer and systems of the internet payments), the Company reserves the right to impose any rules, regulations and norms that we consider necessary with regard to such deposit. Hereby you confirm and accept that the Company engages an independent third party to perform the transactions. You acknowledge and confirm that the third party or a payment agent act based on your instructions for the Company’s benefit without obligations, limitations and guarantees. You agree and confirm that you may not, anyhow or based on any grounds and reasons, demand from the third party or a payment agent of repayment of funds transferred. You acknowledge that any third party or a payment agent solely execute your settlements with the Company, and they do not offer you any financial service. You acknowledge the fact that you do not use the third party/ the payment agent or their affiliates as the suppliers of financial services, but you use them solely as a reliable mean of money transfer. You confirm that you do not have future and potential claims with regard to the third party or the payment agent after the settlements are done. Funds on your account may vary as the consequence of transactions you run. You may use the funds located on your account to run the transactions. When the transactions are held, the funds are withdrawn from your account to open the positions. After your transaction is completed, your profit or loss will be reflected in your account. Funds entered into your account are placed on the Company’s banking accounts with the banks and credit institutions located on the territory of the European and Asian countries (other than offshore ones), and they may not be separated from the other funds, including our own ones, and those owned by the other users of services. You agree that the Company does not pay the interest on the funds located in your account and it may use your funds in any manner until they are withdrawn by you according to this agreement. You may file the application to withdraw the funds from your account (hereinafter – the “Withdrawal”). The Company reserves the right to perform withdrawal in any reasonable form at our choice based on our policies and rules applied against money laundering. Any withdrawal of funds from your account shall be made in the same manner as applied to replenish the funds in the account, save where you received the Company’s consent on another method (that is: the funds placed, as an example, via wire transfer may be withdrawn solely by way of wire transfer to the same bank account from which the transfer was made). We may impose limitations on the volume of funds that you may withdraw within specific period. The Company’s obligations to repay the funds to the Client, at the latter’s request, remain to exist even if contractual relations with the Client are over.

Minimal amount of withdrawal shall be no less than EUR 100, or the equivalent. The commission for the funds’ withdrawal by means of methods available in the company, other than bank transfer, equals to 5%. No commission is collected if the funds of 10.000$ or more are withdrawn. If less than 10.000$ is withdrawn by way of bank transfer, standard commission of 5% is collected (for details please refer to the document “General fees”). In order to secure the Clients’ funds, the Company may request additional documentation to identify the Client before the order to withdraw the funds is complied with (based on regulations of the institutions on anti-money laundering (AML – Anti Money Laundering) or companies, which perform the support of banking cards). In said cases the provision of such documentation is prerequisite to compliance with the order to withdraw the funds. We may perform some settlements under credit cards via our affiliated companies. We reserve the right to establish any norms, regulations and rules directed at security and anti-money laundering, which we consider required or desirable to prevent or restrict the money laundering, fraud or any other crimes or actions, which, in our opinion, may make us liable or may result in losses. We may, at our discretion, refuse from processing of the request to withdraw the funds or we may impose limits on repayment of any amount out of the found present on the Client’s account, if there is any suspicion that the Client violates the terms of this Agreement. You shall pay all expenses on transactions, including commissions for currency exchange and for performance of the wire transfer. We reserve the right to charge you any expenses on transaction we faced during your use of the Company’s services. The Client agrees with the fact and acknowledges the requirement to pay brokerage commissions, spreads, fees for transfer of leverage to the next day, fees for processing and/or other commissions and fees prescribed by the company’s fees structure. We reserve the right to change the fees structure at our discretion without additional notices with immediate effect. You are fully and solely responsible for payment of all taxes, excise stamps and other duties required to be paid in relation with your use of the Company’s Services. You are fully obligated to calculate and pay all taxes to be accrued in a country of your residence that are resulted, anyhow, from your trading activities with the use of the Company’s services. Without prejudice to your sole responsibility to pay all taxes, you agree that if relevant demand based on the laws of certain jurisdiction emerges, the Company may deduct the tax from the sums that are the result of your activities with the company. We reserve the right to withhold sums of the said taxes and charge you for any taxes to which this clause is applicable. We may ask you to fill in certain tax documents after your account is opened and prior to processing of the request to withdraw the funds. We may withhold all funds located on your account until you present us such documents. If you fail to present us with the said documents in sixty (60) days after you receive them, we may temporarily postpone your use of the Company’s services until you present the said documents; or we may fully refuse you from working with the Company’s Services. You are fully responsible for accuracy of details of your financial institutions and you shall timely notify us on changes in such details. You acknowledge that you are responsible for payments held with the use of incorrect details (both made from you or from us), that is the result of provision of incorrect or outdated information. If any funds enter into your account (as a deposit, or proceeds from a transaction), and we subsequently establish that any part of the said funds entered the account as the result of violation of the terms of this Agreement, we may extract the funds received as consequence of the Agreement’s violation and related commissions out of the funds remaining in your account. We may optionally present you an invoice for amount to be extracted, and you shall pay it within two (2) business days after the invoice is presented. If for whatsoever reason (including losses resulted from transactions) you are obliged to pay us any sum, which exceeds the amount of funds located in your account, we may present you an invoice for such amount, and you shall pay it within two (2) business days after the invoice is presented. If we establish, or if we have grounds to believe, that you use the Company’s services with violation of this Agreement (including breach of limitations of use) we may, at our discretion, refuse you from the right to use the services and withhold all funds located in our account, including funds you deposited, as well as profit, bonuses and other funds emerged in the account out of holding transactions.

Promotion activities and bonuses

The Company may offer various bonuses and ability to take part in various promotion activities to new or existing clients. Ability to take part in a promotion activity and availability of bonuses is the client’s additional benefit, and the client may be refused, at the Company’s discretion, to be provided with. The Company additionally define the terms of the Company’s promotion activities and rules of participation in promotion activities, and the clients will be additionally advised on. Save where anything is agreed between the Company and a client to the contrary, if a promotion activity is related with provision of the client with bonus funds, - the terms of working these bonus funds out, availability of withdrawal of funds from the account and other rule shall be defined as per procedure set for the bonus for replenishment. Terms of provision of bonuses and participation on promotion activities are set in this section and reflected on the Company’s website. In certain cases, the Company may provide the clients with bonuses on terms to be individually agreed with the clients. The Company may from time to time offer exclusive bonuses for selected VIP-clients. Bonuses are accrued after all required documents confirming the client’s identity are received. Separate document named “Bonuses and loans” contains mare specific information.

Policy of personal data protection

The Company adheres to the corporate policy of protection of personal data; by accepting this Agreement, you agree with the said policy. We reserve the right at any time without prior notice to restate the policy of protection of personal data by way of placement of relevant adjustments on the Company’s services. By proceeding with use of the Company’s services after restatements are made you accept thereof irrespective of whether you actually read them or not. The Client gives consent on processing of his/her personal data, as well as on cross-border transfer of data beyond the territory of the state of the Client’s permanent place of domicile. Processing of personal data shall be held by way of the Company’s actions/operations with personal data, including collection, systematization, accumulation, storing, clearance/renewal/modification, use, distribution (including transfer), anonymizing, blocking and destruction of any personal data and the right to publish personal data by publicly available manner. The Client gives consent to process the personal data at his/her own will in his/her own interests. The following information is considered as generally available personal data: surname, name, patronymics, date of birth, permanent place of domicile and other information related to the identification of the subject of personal data. The Client understands the content of actions on processing of the personal data and requirement to do so and he/she is aware on the right to refuse to give such consent. The consent is given as soon as the Client accepts this Agreement and it continues to be valid until the day when the Client refuses from consent.

Consent on sending of emails and SMS

Hereby you give your consent to receive the information from the Company by the email, by phone that you rendered as the contact one. You may at any time unsubscribe from the Company’s information by sending an email to support@financial-management.group or by liaising with your account’s manager. Notes You agree that all conversations between you and the company’s staff will be recorded without prior notice. You acknowledge that the data of records and results of transcription thereof may be used as evidence, if any disputes take place.

Warning on risks

You confirm and understand that your use of the Company’s services, including performance of any transaction, is held by you at your sole risks. Without any limitations to the generality of the foregoing, you confirm and accept the fact that the use of services is related with high level of risks, as stated in “Warning on risks” of these services and it is the part of this Agreement. Your acceptance and agreement with the terms of the Agreement automatically mean your acceptance of the notice on risks together with attached terms. You acknowledge that trades on the currency market bears risk of loss. Please, thoroughly assess to which extent the said risks are acceptable for you. By accepting this Agreement, you confirm that you reviewed the said risks, assessed possible consequences of your actions and fully accept the said risks.

Limitation of liability and waiver of warranties

Under no circumstances the Company is liable for direct, indirect, unintended, unpredictable, judicial, penalty losses as the consequence of any aspect of the Client’s use of the Company’s services and data, irrespective of whether such losses are the consequence of: Your use, incorrect use or incapability to use the Company’s services; Any your decisions towards the performance of certain operations and any reasons to make such decisions; Accidental or intended halt or termination of the Company’s services, its modification or adjustment. The Company bears no responsibility for the results of the Client’s use of services, products and information of the third parties presented or advertised in relation to the use of the Company’s services. If you are involved in a dispute with the third party, you shall indemnify the Company and its employees from demands, claims and losses (actual and expected collateral ones) of any sort or kind, either known or unknown, expected or unexpected, named or unnamed, incurred as the result or anyhow related to such disputes and/or the Company’s services. You fully agree that you use the Company’s services solely at your option and you independently assess the risks. The Company’s services are offered for use “as is” and without guarantees and conditions, either apparent or implied. Some jurisdictions disallow some limitations of liability or refusal from guarantees prescribed by this Agreement. In these cases, the Company acts in accordance with legislative and regulatory requirements of such jurisdictions.

Disputes settlement

You acknowledge that any dispute or a situation beyond the regulation of this Agreement shall be decided by the Company’s management the way it considers as the most just for all the parties. You give your consent on irrevocable transfer of personal judicial jurisdiction to the courts located in Anguilla island. You also agree that court proceedings on any claim, or hearing thereof, initiated based on the said agreement may be held with you participation by email, personally, by way of registered mail without or with receipt confirmation, or via the company Federal Express and/or other express delivery services, with the same effect as if you were present in Anguilla. Below you refuse: from any claims that the said jurisdiction is not convenient for the claim or the court hearing; from defense in a form of lack of personal judicial jurisdiction with regard to the aforesaid. If any dispute exists between you and us, you shall, in the first place, before initiating any legal actions, notify us on such dispute with giving the description and reasonable grounds for the dispute in question to support@financial-management.group. Afterwards, you shall give us a reasonable period to react and to process your notice. The Company shall react within the term not exceeding sixty (60) days.

Miscellaneous

This Agreement and the fact that you use the Company’s services do not imply the existence of any partnership, joint venture, agency, franchising, trade representation or labor relations. None of the clauses of this agreement implies the cession of rights or reimbursement of losses to the third parties. We reserve the right at any time to restate this Agreement (including any documents, which it refers to or includes) with obligation to publish thereof on the Company’s website. You acknowledge that by proceeding with use of the Company’s services after restatements are made you accept thereof irrespective of whether you actually read them or not. This Agreement in the latest valid edition (including any documents, which it refers to or includes) is the Agreement between you and the Company and it invalidates all preceding agreements between you and the Company. The Company’s non-use of any provision of this Agreement shall not be construed as refusal from the Company’s rights prescribed by this Agreement. If any part of this Agreement is found invalid or unenforceable based on current legislation, such invalid or unenforceable provision shall be treated as invalidated for the benefit of valid and enforceable provision, which is to the closest extent applicable corresponds to the essence of the initial provision, and the remaining clauses of the Agreement shall continue to be valid. You confirm that you read this Agreement (including any documents, which it refers to or includes), that you agree with all its provisions, that you at your choice assessed pros and cons of conclusion of this Agreement and that you do not rely on any representations, warranties or arguments other than those specified in this Agreement. This Agreement does not imply your transfer of any rights or sublicenses, save those transfers on which our written consent is given, however, this Agreement authorize us to cede or transfer our rights without any limitations. We may resell, transfer or cede our rights and obligations under this Agreement at any time without limitations and without requirement of any notice given to you or receipt of your consent. Force-majeure. We bear no liability for reasonable delay or impossibility to perform any obligation on the said agreement due to acts of God (natural deceases), terroristic acts, strikes, embargo, fire, wars and other reasons beyond our control (hereinafter – the force-majeure). In case of force-majeure we may, at our choice, terminate or postpone functioning of the services and/or cancel, close any opened transactions and/or reverse thereof. Headings of sections in this Agreement are given for convenience only and have no legal significance. The term “including”, as applied in this Agreement, is an illustrative one without limitation effect. If the Agreement (including documents referred to) is translated and is given in language other, than English, the English version of the Agreement shall prevail in case of any conflict present. Your use of the Company’s services are strictly limited by the terms of this Agreement (including documents herein referred to) and technical limits related with the services. This Agreement is valid as soon as the Client accepts this Agreement (including the documents on referred to through the text). The Client’s acceptance of this Agreement is performed by way of the client’s registration on the company’s website and by opening a trade account.