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 facilitated by GFT, a reputable financial services provider renowned for its commitment to excellence and client satisfaction.
- Clients and investors are cordially invited to acquaint themselves with the provisions herein, as their participation in trading activities with GFT signifies their unequivocal acceptance and adherence to these terms and conditions.
- Clients and investors are not merely passive participants but esteemed holders or partners within the dynamic ecosystem fostered by GFT. This collaborative partnership ethos underscores the collective pursuit of financial success and prosperity.
- Clients, whether individual traders or corporate entities, entrust GFT or its designated agent with the fiduciary responsibility of representing their interests, thereby cultivating a synergistic relationship predicated on mutual growth and prosperity.
- Clients entrust GFT with the vital responsibility of facilitating seamless deposits and withdrawals, which are pivotal to the efficient execution of trading activities.
- 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 confer upon GFT the esteemed authority and legal mandate to act as their trusted representative in the facilitation of deposits to prime brokers or liquidity providers. This delegation of power streamlines operational logistics and underscores GFT's commitment to operational excellence.
- GFT assumes the pivotal role of a custodian entrusted with the prudent management of clients' trading accounts and the meticulous execution of trades, thereby upholding 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.
- Clients retain autonomy and agency in managing their trading activities, with the prerogative to request the opening or closing of trades as per their trading strategy and risk management preferences.
- 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 remunerate GFT for its instrumental role in facilitating successful trading outcomes, thereby enhancing the overall profitability of their trading endeavours.
- 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 pertaining to the nature of the investment, thereby ensuring informed decision-making and risk management
- 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.
- Clients commit to maintaining their trading account or funds actively traded for a minimum period of six months from the initiation of trading activities.
- 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.