This Agreement is entered into by and these Terms & Conditions (hereinafter referred to as the "Agreement") shall regulate the relationship between INTERNATIONALAAMROUTE LTD, with company No. 166451 and registered at: Global Gateway 8, Rue De La Perle, Providence, Mahe, Seychelles (hereinafter referred to as the "Company"), and the user (a natural or legal entity) (hereinafter referred to as the "Client") of www.iplatformglobal.com (hereinafter referred as the "Website").
The subject of the Agreement shall be the provision of Services to the Client by the Company under the Agreement and through the Trading Platform.
The Company shall carry out all transactions as provided in this Agreement on an execution-only basis, neither managing the account nor advising the Client. The Company is entitled to execute transactions requested by the Client as provided in this Agreement even if the transaction is not beneficial for the Client. The Company is under no obligation, unless otherwise agreed in this Agreement and/or other documentation/information on the Website, to monitor or advise the Client on the status of any transaction, to make margin calls, or to close out any of the Client’s open positions. Unless otherwise specifically agreed, the Company is not obligated to make an attempt to execute the Client’s order using quotes more favorable than those offered through the Trading Platform.
The Investment and Ancillary Services which the Company should provide under the terms of the Agreement are stated below, and the Company will provide them in its capacity as a market maker under the terms of this Agreement. In addition, the Company may, at its sole discretion without providing prior notice to the Client, decide to transmit orders and/or be an intermediary for Clients’ transactions. The Services that the Company provides in relation to one or more Financial Instruments are the following (the list below shall not be regarded as exhaustive):
Financial Instruments are the following (the list below shall not be regarded as exhaustive):Investment services
Ancillary Services
Foreign exchange services where these are connected to the provision of the Investment Services.
The Company does not provide investment, tax or trading advice unless specified as such between the Client and the Company in a separate agreement. Our services include ‘execution only’ meaning that the Company will act on your instructions and will not advise you on any transaction, nor will we monitor your trading decisions to determine if they are appropriate for you or to help you avoid losses. You should obtain your own financial, legal, taxation and other professional advice.
Financial Instruments (the list below shall not be regarded as exhaustive):
Protected CFDs
On its Website the Company is entitled to provide financial services of Contracts for Difference (CFD) with intrinsic protection (Protected CFDs). The risk of loss for Protected CFDs does not exceed the sum invested by the Client in a particular CFD contract with the addition of any trading and/or ongoing trading fees incurred as a result of opening such CFD.
Clients may choose to opt in or out from the features offered by Protected CFDs by choosing the option to use the balance in their trading account in order to keep a CFD position open ("CFDs on margin"). In this instance, when the loss for a position reaches 95%, an additional 20% of the original investment amount is reserved from the Client’s account. If the CFD position takes further losses, the Client’s available balance is further reduced by 20% accordingly. The Client can limit the additional funds reserved on his account balance by specifying his acceptable level of loss for a CFD position.
In both features of CFDs described above, the Company offers negative account balance protection i.e. the Client’s losses may never exceed the total amount of funds available in the Client’s account. In addition, the risk of loss in relation to the corresponding potential benefits for CFDs described above, is reasonably understandable in light of the particular nature of the proposed financial contract.
Subject to the provisions of this Agreement, the Company agrees to provide the Client with the Services subject to the Client:
The client agrees and understands the following in consideration of the below corporate actions:
The Client acknowledges that the Company will have the right, at any time and for any reason and without justification, at its sole discretion, to refuse to execute orders, including, without limitation, in the following circumstances:
If the Client fails to fulfill any of his/her obligations towards the Company under this Agreement;
Any such refusal by the Company shall not affect any obligation, which the Client may have towards the Company.
Provided that the Minimum Period has been completed and the Company decides upon its sole discretion to exercise the right provided hereunder, the following steps will be undertaken:
| Period from Position Opening | Maintenance/Custodial Fees |
|---|---|
| 3 months | 0.25% |
| 6 months | 0.50% |
| 9 months | 0.75% |
| 12 months | 1.00% |
| 13 months | 1.25% |
| 14 months | 1.50% |
| 15 months | 1.75% |
| 16 months | 2.00% |
| 17 months | 2.25% |
| 18 months and more | 2.50% |
In case a Client registers an Account through an Introducing Broker, referring agents, or other third parties, it is hereby agreed as follows:
The Client shall be entitled to:
The Client:
The Client hereby warrants and represents to the Company that he/she:
The Company shall be entitled to:
Obligations of the Company
In the event that the Company acts as an intermediary to Clients transactions, the Client hereby agrees and acknowledge that:
The Client hereby confirms to have read, understood and hereby accepts the risk statement relating to the use of Services on the Website, as the same is available electronically via the Website.
By accepting this Agreement the Client accepts that the Client has read and understood the information contained in this Agreement and the Company’s general description of the nature and risks of different Financial Instruments and/or Service(s) which can be found in our Risk Disclosure.
Your current version of the platform enables you to choose between the following modes for order submission. You agree that you will be bound by the procedures and conditions specified herein with respect to each such mode.
The Agreement may be terminated in any of the following circumstances:
The Company shall be entitled to terminate this Agreement immediately, close all open positions, block the Client’s account, and return any remaining funds (if applicable) and without giving prior notice under the following circumstances:
The Company has suspicion based on available information that the Client:
The processing of a Client’s request and/or order shall be carried out as follows:
The server of the Company may refuse the Client’s request/order in the following cases:
In case that the Company executed the Client’s request/order for Non-market quote, the following shall be imposed on the Company’s duty:
Closing of a trading position occurs at the current price at the trading server at the moment of closing of the trading operation.
In the event that the Company has reasonable suspicion to believe and/or comes to its attention that the Client has acted fraudulently with regard to the subject matter of the Agreement, including without limitation to the following occurrences:
The Company shall be entitled to block the Client's account without prior notice and without the possibility of further money withdrawal and/or entitled to unilaterally terminate the Agreement in the extrajudicial procedure.
The Company may provide benefits to clients, including but not limited to, VIP status, tournaments and/or other privileges ("Benefits"), at its absolute discretion and subject to fulfilling the required conditions.
The Client acknowledges and accepts: