General Term and Conditions.
Terms and Conditions for Trading with GFT
Introduction
- These terms and conditions serve as the foundational framework governing the engagement in trading activities supported by GFT. GFT is a trusted provider of technical, technological, and educational services in the non-banking financial market, but it is not a financial services provider.
- Clients and investors are encouraged to review the following terms and conditions, as participating in trading with GFT means they agree to abide by them.
- GFT operates as a private, non-banking financial market trading firm. We strictly trade our own accounts and do not manage accounts for others. In addition to our trading activities, we provide technological services and education, including software solutions designed for financial market trading. GFT does not provide investment advice, tax consulting, financial planning, custodian, or any third-party financial services related to trading activities. At GFT, clients are integral and active partners within our dynamic ecosystem, not merely passive participants. This collaborative approach underscores our collective pursuit of financial success and prosperity, positioning us all as esteemed stakeholders in the financial landscape..
- Clients, whether individual, corporate entities, or financial services companies, engage with GFT as valued partners and stakeholders. This includes collaborating with financial services providers, payment services companies, exchanges, and other entities interested in mutual growth and innovation. Our partnership approach allows you to actively participate in trading activities by assisting on GFT's trading accounts or contributing through educational and technological support. While we prioritize transparency and align our efforts with the interests of our partners, it's important to clarify that GFT does not assume fiduciary duties or offer regulated financial services. This collaborative framework is designed to foster a synergistic relationship centred on shared knowledge and collective advancement. Together, we strive for mutual growth and success in the trading arena.
- Clients entrust GFT with the important responsibility of overseeing seamless deposits and withdrawals to ensure the efficient execution of trading activities. However, GFT does not hold client funds or directly handle transactions, except within its own account.
- Funds deposited by clients are diligently managed and directed towards prime brokers or liquidity providers, fostering transparency and operational efficiency. Clients endorse this strategic allocation of funds in alignment with the overarching objectives of the trading endeavour.
- Clients recognize GFT as a facilitator for coordinating interactions with prime brokers or liquidity providers. While GFT assists in streamlining these processes to enhance operational efficiency, it is important to clarify that GFT does not directly manage or hold client funds, nor does it provide financial services. Our role is to support operational logistics, reinforcing GFT’s commitment to excellence in service.
- GFT does not act as a custodian, provide trading accounts, or facilitate client orders directly. Instead, we focus on offering advanced trading technology and innovative solutions while maintaining the highest standards of integrity and diligence.
- Clients are duly apprised of the multifaceted risks inherent in trading contracts for difference (CFDs), futures, and other leveraged products. These financial instruments entail a heightened level of risk, encompassing market, liquidity, and technical risks.
- GFT endeavours to provide comprehensive risk disclosure materials to empower clients with a nuanced understanding of the potential risks involved in trading activities, thereby fostering informed decision-making and risk management strategies.
- GFT only trades its own account, not the accounts of others. Any client or partner who chooses to trade with GFT will be trading through GFT’s account, not their own. This means the account issued to the client will remain the property of GFT, and the client will be regarded as a Hybrid Trader under GFT.
- This empowerment empowers clients to exercise discernment and flexibility in navigating the dynamic landscape of financial markets, thereby optimising their trading outcomes and achieving their investment objectives.
- Clients acknowledge and agree to compensate GFT for its instrumental role in providing advanced trading technology that supports their trading success and enhances profitability. While GFT does not facilitate orders directly, clients can leverage its technology to execute trades and pay the associated fees.
- GFT reserves the right to charge performance fees on any profits generated from trading activities, reflecting the value-added services rendered by GFT in orchestrating trading success.
- Clients further acknowledge and agree to pay the agent or affiliate their commission, if applicable, in recognition of their role in facilitating the trading relationship.
- Clients solemnly acknowledge and agree to adhere to GFT's stringent anti-money laundering (AML) policy, which is designed to combat illicit financial activities and safeguard the integrity of the financial system.
- It is the unequivocal responsibility of clients to familiarise themselves with and abide by the provisions outlined in GFT's AML policy, thereby ensuring compliance with regulatory requirements, and fostering a secure trading environment.
- Clients are obligated to abide by GFT's privacy policy, which outlines the principles and practices governing the collection, use, and disclosure of personal information.
- By engaging in trading activities with GFT, clients consent to the collection and processing of their personal data in accordance with the provisions outlined in the privacy policy, thereby fostering transparency and safeguarding data integrity.
- Clients must demonstrate the requisite financial capacity and knowledge regarding the nature of the investment, ensuring informed decision-making and effective risk management. GFT does not provide financial planning, investment advice, tax advice, or oversee or monitor client account performance. It is the sole responsibility of clients to monitor their accounts, seek advice from a licensed financial advisor, and develop their own financial plans.
- It is expressly prohibited for clients to utilize borrowed funds, credit, public funds, or collective investment funds for investment in trading activities facilitated by GFT, owing to the inherent risks associated with leveraged products and derivatives.
Clients acknowledge the presence of liquidity and technical risks inherent in trading activities. In the event of liquidity disruptions or technical failures, clients agree not to hold GFT responsible and waive any claims for compensation.
Data accuracy and verification
- Upon registration, it is the unequivocal duty of the client to furnish GFT with all accurate and up-to-date information, including verification documents.
- Failure to provide accurate data or verification documents may result in the suspension or banning of the client's profile, thereby ensuring compliance with regulatory requirements, and safeguarding the integrity of the trading environment.
- Any client wishing to used our innovative automated plartform (which might also be powered through a third-party provider) within our framework agrees to actively use it for a minimum period of three months. It is important to note that while you will be conducting trades, the account you trade will remain the property of GFT and not your own. This arrangement allows you to contribute to GFT’s trading activities as a hybrid trader, utilizing our strategies and resources under GFT’s management and direction.
- This stipulated minimum trading period underscores the importance of sustained engagement and commitment to the trading endeavour, thereby facilitating optimal trading outcomes and long-term financial success.
- Upon the conclusion of the minimum trading period, clients retain the unfettered right to withdraw any profits accrued at their discretion, thereby affording them the flexibility and autonomy to manage their trading activities in accordance with their evolving needs and objectives.
- Clients affirm and acknowledge the legal validity and enforceability of electronic terms and conditions, which hold the same legal weight and significance as their printed counterparts.
- By engaging in trading activities with GFT, clients unequivocally commit to honouring and abiding by the electronic terms and conditions governing their participation in trading activities, thereby fostering a harmonious and compliant trading environment.
Clients consent to receiving marketing materials and advertisement products from GFT upon signing up for trading services. Clients retain the right to opt out of marketing communications at any time, thereby exercising control over their preferences for receiving promotional content.
Client Compliance and Irregularities
- Clients agree to comply with all terms and conditions outlined herein and refrain from engaging in any activities that violate the terms of engagement with GFT.
- In the event of any irregularities or violations of the terms and conditions, GFT reserves the right to ban or suspend the client from accessing its services, thereby safeguarding the integrity and reputation of the trading platform.
- These terms and conditions are subject to and governed by the laws of the relevant jurisdiction where the GFT legal entity is registered, thereby ensuring regulatory compliance and legal adherence.
- Any disputes or legal proceedings arising from or in connection with these terms and conditions shall be exclusively adjudicated within the purview of the competent courts in the relevant jurisdiction, thereby upholding the principles of legal certainty and procedural fairness.
- GFT reserves the unequivocal right to effectuate modifications, amendments, or updates to these terms and conditions at its discretion and without prior notice.
- Clients are duly apprised that continued engagement in trading activities with GFT after the implementation of such modifications constitutes explicit acceptance and adherence to the revised terms.
- In light of the comprehensive disclosure of terms and conditions outlined herein, clients are earnestly encouraged to carefully review and consider the implications of their engagement in trading activities with GFT.
- Should any client find themselves unable or unwilling to consent to the terms and conditions delineated above, it is incumbent upon them to refrain from proceeding further with their participation in trading activities facilitated by GFT
- By choosing to engage with GFT's services, clients signify their unequivocal acceptance and adherence to these terms and conditions.