Whereas TRADER'S HUB LIMITED is licensed by the Seychelles Financial Services Authority as a Security Dealer (Dealing in Securities),and to provide services to Client in connection with the purchase and sale of Contracts for Difference (collectively referred to as "CFDs") on Equities, Futures, Currency spot, forward Bullion, and any similar instruments (collectively referred to as OTC "Contracts"), which may be purchased or sold by or through Traders Hub for Client's accounts(s), as the client wishes to trade through the company based on orders and instructions issued by the client on his sole discretion and in accordance with terms and conditions mentioned in this agreement. Accordingly, the two parties acknowledge their capacity and validity to sign this agreement with the following terms and conditions.
THIS IS A LEGAL AGREEMENT BETWEEN THE PERSON(S) NAMED IN THE APPLICATION FOR ACCESS TO OUR FINANCIAL SERVICES BY THE OPENING OF A TRADING ACCOUNT (“CLIENT”, “YOU”, “YOURSELF”) AND Trader’s Hub Limited (“Traders Hub”, “US”, “WE”, “OUR”) AND THEIR SUCCESSORS (INCLUDING HEIRS WHERE APPLICABLE) AND ASSIGNS. PLEASE READ IT CAREFULLY.
Trader's Hub Limited is a limited liability company incorporated under Companies Act 1972 as amended. Registered under Company No. 8432068. Traders Hub Limited regulated and authorised in the by the by The Seychelles Financial Services Authority, License No: SD126. Registered Office: situated at Room 12, First Floor, Kingsgate House, Independence Avenue, Victoria, Mahe, Seychelles. TRADERS HUB is required to conduct its business and dealings with you in accordance with the rules and regulations by The Seychelles Financial Services Authority.
No person, including any member of the TRADERS HUB or third party who has referred you to TRADERS HUB has been authorized to give any information or to make any representations other than those contained herein.
These Terms constitute a legally binding contract between you and TRADERS HUB which you except for yourself and on behalf of any principal or principals on whose behalf you are acting as agent by giving us instructions to deal or accepting services from us. These Terms supersede any other general terms of business or similar documents that may have been previously issued to you by us., Client agrees as follows:
An Account must be opened prior to making any Order or entering into any Transaction. No Orders can be placed until an Account has been opened and cleared funds received from your side. Without prejudice to the foregoing, if we permit you to place an Order notwithstanding that an Account has not been opened, or cleared funds received, this shall not limit your liability to us pursuant to these Terms in respect of the Order placed or any resulting Transaction. We may, at our sole and absolute discretion, refuse to accept you as a client for whatever reason but will notify you of any such refusal, without giving any reasons, promptly following your application.
Client understands, acknowledges, and agrees that by executing this Client Agreement, and subject to the terms and conditions of this Agreement, an account will be established in the Client’s name at TRADERS HUB, that TRADERS HUB, in its sole discretion, may elect whether or not establish such account(s). Client further acknowledges that, subject to the terms and conditions herein, The Client will deposit margin or collateral to enable TRADERS HUB to perform the Client's instructions, the account(s) will take effect and this Agreement will come into full force and effect upon the Client deposits such margin or collateral.
You agree that any money belonging to you and held by us in your account(s) (“Client Money”) shall be held by Trader’s Hub Limited in a designated client money account. Such Client Money shall be segregated from the Company’s own funds in accordance with the applicable laws, regulations, and requirements of the Seychelles Financial Services Authority (FSA) and the Republic of Seychelles.
You agree that we may place your money in our designated client money account in different currency to the currency used to open your account or your deposits. Such client money will be at least equal in value and will be in compliance with applicable laws.
No interest in due to the client in respect of client money.
Deposits and withdrawals are governed by the applicable regulations.
Traders Hub is hereby authorized to purchase and sell OTC Contracts for Client's (s) in accordance with Client's electronic instructions through our trading platform(s). Unless instructed by Client to the contrary in writing, Traders Hub is authorized to execute all orders with itself as counterparty or with such other counterparties as TRADERS HUB deems appropriate.
TRADERS HUB retains the right to limit the amount and/or total number of open positions that Client may acquire or maintain at TRADERS HUB.
TRADERS HUB reserves the right to refuse to accept any order. TRADERS HUB does not guarantee any or all profits resulting from trading entered into the system(s) of TRADERS HUB, including but not limited to, profits realized during abnormal market conditions, extraordinary events or system malfunctions. TRADERS HUB shall not be responsible for any loss or damage caused, directly or indirectly, by any events, actions or omissions beyond the control of TRADERS HUB including, without limitation, loss or damage resulting, directly or indirectly, from government restrictions, war, strikes, labour Disruptions and terrorist acts or any other force majeure events. TRADERS HUB shall not be liable for damages, including lost profits or trading losses caused by delays or inaccuracies in pricing or the transmission of orders or information due to a breakdown in or failure of any transmission or communication facilities, unauthorized access, theft or systems failures.
Client understands TRADERS HUB is authorized to reclaim any trading profits Client obtains through the trading of delayed or inaccurate pricing.
Client understands and agrees that he/she/it will not enter into unlawful, illegal or immoral transactions or any transaction contrary to applicable laws, regulations and/or rules or TRADERS HUB’ policy, regardless of how minor, major, obvious or unobvious, in any rate or pricing offered by TRADERS HUB whether through the usage of scripts, codes, electronic advisors, software or any other form of computer program or manual trading.
Client understands TRADERS HUB is authorized to retroactively cancel transactions found, in TRADERS HUB's sole discretion, to be transactions entered into in order to exploit or manipulate pricing by means as set forth within this Section TRADERS HUB is then authorized to reclaim any trading profits Client obtains through the entering of any transaction in breach of this Clause. Client acknowledges and understands that TRADERS HUB does not guarantee the execution of orders at specific prices, including conditional orders such as stops and/or limits, specifically at times of increased volatility or volume, including market news announcements, due to gapping prices, greyed out pricing, and market liquidity.
Client understands and agrees that should they receive off-market prices, for any reason, including but not limited to, delays or malfunctions, TRADERS HUB shall retroactively cancel such trades and may elect to leave such trades cancelled or reopen such trades at the correct market price, Client understands that orders received during instances of increased market volatility will be filled at the next best price available or the fair market value.
Client acknowledges that during instances of gapping markets, conditional orders, specifically stop losses, will be filled at the next available price following a gapping price. Pricing can gap past the price set forth in conditional orders, resulting in clients losing more funds than initially intended.
Client acknowledges that due to such risks, TRADERS HUB encourages clients to utilize market orders rather than conditional orders, as market orders are provided with a requote and allow Clients to accept or reject the new price.
Client agrees that TRADERS HUB is not responsible for any losses, including margin calls, which occur as a result of conditional orders being filled during a gapping market or orders being filled at certain prices due to greyed out pricing and/or limitations in market liquidity.
Client understands and acknowledges that there may be instances where spreads widen beyond the typical spreads offered. During volatile markets, such as news announcements, spreads may widen substantially in order to compensate for increased market volatility. Client is advised to utilize extreme caution when trading during increased volatility in the markets, including major news events, as widened spreads can adversely affect all positions in an account including hedged positions.
A quote we provide to you is valid only at the time it has been provided and is subject to change. Therefore, spreads, market spreads as well as the cost of opening or closing out a Position change significantly depending on the prevailing market conditions and our quoted price.
TRADERS HUB is authorized, in its absolute discretion, to rollover or offset all or any portion of positions maintained in CFDs on currencies, commodities or any other financial product within Client’s Account(s), maintained on any electronic trading platform related to US at Client's risk.
A position carried forward may be credited or debited interest charges until the position is closed. All CFDs on Futures are not rolled over at contract expiration. TRADERS HUB shall close all positions at expiration of Futures contracts and Client may, at his/her/its sole discretion, elect to purchase a new contract.
At its discretion, TRADERS HUB may elect to offer Client an interest free account whereby positions carried forward will not be credited or debited interest charges. Client agrees and acknowledges that such interest free terms shall be granted by TRADERS HUB only as a result of representations made by Client and that TRADERS HUB shall have the authority to, at its own discretion, elect to retroactively cancel such interest free terms and account activity at any time or after making determinations of the lack of authenticity of such representations, including but not limited to determining that Client is maintaining interest bearing accounts elsewhere. TRADERS HUB is authorized to cancel all trading activity of such account since inception following its determination and will return the original deposit(s) to Client.
TRADERS HUB may elect to offer, at its sole discretion, interest or swap free accounts for Clients who may choose not to receive or pay daily interest fees. When trading an interest free account, currency pairs held overnight will not be paid or charged/credited a daily swap fee. Swap free terms are not available for all currency pairs. TRADERS HUB reserves the right to cancel such interest free terms if positions are kept open for more than five (5) Days and apply swap fees retroactively, unless this requirement is waived by TRADERS HUB. Without prior notice TRADERS HUB reserves the right to terminate swap free account privileges at any time.
All funds, securities, currencies, and other property of Client that TRADERS HUB may at any time be carrying for Client (either individually, corporate, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of TRADERS HUB for any purpose, including safekeeping, are to be held by TRADERS HUB as security and subject to a general lien and right of set-off for all obligations and liabilities of client to TRADERS HUB, and irrespective of the number of accounts Client may have with TRADERS HUB.
WE may in our own discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client's accounts.
Client hereby also grants, free of charge or interest, to US the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by TRADERS HUB as margin or collateral. TRADERS HUB, as the case may be, shall at no time be required to deliver to Client the identical property delivered to or purchased by TRADERS HUB for any account of Client. Should Client take delivery of currencies through settlement of trades, WE are obliged to make full payment for the delivery on 4(Four) working days’ notice. If the balance in the Client's account is not adequate to pay for the delivery, the depository receipts held in the name of Client or TRADERS HUB, as Client's agent or nominee, become property carried on margin in the Client's account, since they are not fully paid for by Client. This authorization Shall apply to all accounts carried by TRADERS HUB for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by US.
The balance of your Account is the sum of money in your Account which comprises of realised profit or loss, as the case may be (the “Balance”). For the avoidance of doubt, profit or loss becomes realised in the Account once an open Position is closed. The equity of your account is the total of the (i) Balance and (ii) unrealised (floating) profit or loss, as the case may be, on your open Positions (the “Equity”).
Margin means the portion of your Equity that is utilised to open one or more Positions (the “Margin”). For the avoidance of doubt, Margin is not deducted from the calculation of your Equity.
Margin can neither be used to open another Position nor be withdrawn from your Account.
The portion of your Equity that is not Margin is free margin (the “Free Margin”). Free Margin may be used to open another Position or can be withdrawn from your Account.
You agree to maintain at all times, without demand from us, Margin requirements for the Positions in your Account.
You agree that we are entitled to determine the Margin requirements in our sole and absolute discretion. In setting your Margin requirements, we take into consideration multiple factors including Applicable Regulations, your Equity, your Balance, your trading history and patterns, your trading style, your trading experience, the potential volatility of the Products you are trading, the historical volatility of the Products you are trading, etc. Our determination of your Margin requirements shall be conclusive.
If the Equity falls below an amount that equals to one hundred percent of your Margin, your Account will enter into a margin call (the “Margin Call”).
If your Equity falls to or below an amount that equals to thirty percent (or such other percentage as prescribed by us from time to time) of your Margin, an auto-stop-out will occur, whereby some or all of your open Positions will automatically be closed out by our automated risk management system, in order to bring your Equity above the required amount (the “Auto Stop-Out”). We do not discretionarily manage your portfolio. The automated risk management system may automatically first close out the open Positions that carry the greatest loss. The automated risk management system may then close out such number of additional open Positions successively until the Equity in your Account is above the required amount. You should be prepared for the automated risk management system to close out all your open Positions.
To increase Equity above your margin in cases of a Margin Call, you may:
Provided that, the absence of any system errors or malfunctions, we will inform you of a Margin Call immediately. Nonetheless, you agree and acknowledge that it is your responsibility to monitor your Account and always that you maintain sufficient Equity to meet your Margin requirements at all times. You understand and agree that only your Free Margin will be available to you.
You undertake that you will maintain in your Account, at all times, sufficient Margin to meet your Margin. If you believe that you cannot or will not be able to meet your Margin requirements, you should reduce your open Positions or transfer adequate Margin to your Account to satisfy your Margin requirements. You may access details of Margin amounts which are paid by you or due to us through the Platform.
In the event of:
In liquidation of Client's long or short positions, WE may, in our sole discretion, offset in the same settlement or it may initiate new long or short positions in order to establish a spread which in the sole discretion of TRADERS HUB may be advisable to protect or reduce existing positions in a client’s account.
Any sales or purchases hereunder may be made at TRADERS HUB's sole discretion with any inter-bank or other market where such business is then usually transacted or at a public auction or private sale, and TRADERS HUB may purchase the whole or any part thereof free from any right of redemption.
Client shall at all times be liable for the payment of any deficit balance in Client's account(s) upon demand by TRADERS HUB and in all cases, Client shall be liable for any deficiency remaining in Client's account(s) in the event of the liquidation thereof in whole or in part by US or by the Client. In the event the proceeds realized pursuant to this authorization are insufficient for the payment of all obligations and liabilities of Client owed to TRADERS HUB, Client shall promptly pay upon demand, the deficit at TRADERS HUB's bank account.
Client agrees to pay and shall be liable for all reasonable costs and expenses of collection, including but not limited to, attorney's fees, witness fees and travel expenses. In the event TRADERS HUB incurs expenses other than for the collection of deficits, with respect to any of Client's account(s), Client agrees to pay such expenses.
Transaction confirmations of orders and statements of account s for Client and made available solely online, shall be deemed correct and accurate and shall be conclusive and binding upon Client if not objected to immediately to by Client, in writing to, within one (1) business days of such transactions being reviewable online. Failure to object shall be deemed acceptance and ratification of all actions taken by TRADERS HUB or TRADERS HUB's agents. Client's failure to receive a transaction confirmation shall not relieve Client of the duty to inquire of TRADERS HUB and to object as set out herein.
Client agrees to pay all charges, commissions, expenses and/or fees relating to the CFD transactions conducted by or through TRADERS HUB, either for TRADERS HUB or third party (Introducing Broker, Liquidity Provider, Service Provider, etc.), including without limitation commissions, markups, markdowns, transaction fees, transfer and cancellation charges, and inactive account fees.
TRADERS HUB may adjust its charges, commissions, expenses and/or fees without notice. client is responsible to regularly reviewing all notifications published by Traders Hub through all available communication channels. All such charges, commissions, expenses and/or fees shall be paid by Client as incurred and deducted from Client's account by TRADERS HUB representatives without prior notice. TRADERS HUB may share such commissions or markups with third parties. Transaction fees are accessed per trade on certain trading platforms.
TRADERS HUB will not be responsible for delays in the transmission of orders due to a breakdown or failure of transmission or communication facilities, electrical power outage or for any other cause beyond TRADERS HUB's control. TRADERS HUB is not responsible for loss of profits or general losses, or other adverse effects realized by Client accounts as a result of the cancellation of interest free terms, re- pricing or instances of increased volatility in the markets. TRADERS HUB shall only be liable for its actions directly attributable to gross negligence, willful default or fraud on the part of TRADERS HUB. TRADERS HUB shall not be liable for losses arising from the default of any agent or any other party used by TRADERS HUB under this Agreement. Since over-the- counter Contracts (OTC) are not traded on an exchange, the prices at which TRADERS HUB is willing to deal or the quotes published by TRADERS HUB may differ from prices confirmed or quoted by other CFD market makers or dealers.
TRADERS HUB will not be responsible or liable for any losses in connect with:
TRADERS HUB will not be obliged to take or refrain from taking any action which becomes beyond TRADERS HUB reasonable power to take or refrain from taking wholly or partly as a result of an event or state of affairs which was beyond its reasonable control to prevent and the effect of which is beyond its reasonable power to avoid, including without limitation: any change in the law, any applicable law, failure of any exchange or clearing house or settlement system, war, terrorism, civil unrest, any breakdown or failure of transmission or communication or computer facilities, postal or other strikes or similar industrial action in each case whether actual, threatened or anticipated. TRADERS HUB will not be obliged to take or refrain from taking any action which becomes beyond TRADERS HUB reasonable power to take or refrain from taking wholly or partly as a result of an event or state of affairs which was beyond its reasonable control to prevent and the effect of which is beyond its reasonable power to avoid, including without limitation: any change in the law, any applicable law, failure of any exchange or clearing house or settlement system, war, terrorism, civil unrest, any breakdown or failure of transmission or communication or computer facilities, postal or other strikes or similar industrial action in each case whether actual, threatened or anticipated TRADERS HUB will not be liable to Client for any partial or total non-performance of TRADERS HUB obligations or delay in performance by reason of any cause beyond TRADERS HUB reasonable control including, without limitation: Any failure or delay by any exchange, market, or clearing house, or broker or dealer, in performing its obligations with respect to any transaction executed and/or cleared for Client account(s),or The imposition, introduction, amendment or change (including a change in interpretation) of any legislation, regulation, directive or policy by any governmental or supranational body, exchange, regulatory or self-regulatory organization, market clearing house or any failure or delay by any of the foregoing in enforcing such legislation, regulation or policy.
Client acknowledges and agrees that he/she is required to submit copies of unexpired government issued identification and address verification documentation to TRADERS HUB with a signed copy of the Client Agreement. Client further agrees that TRADERS HUB has the authority to delay, cancel or otherwise postpone trading or the depositing/withdrawing of funds, regardless of amount, until Client has provided copies of unexpired government issued identification and/or address verification documentation as required. After receipt of such documentation, WE reserve the right to request additional documentation in order for TRADERS HUB to adequately verify the Client(s) identity.
If Client directs TRADERS HUB to enter into any CFD transaction:
Client acknowledges that investments in leveraged and non-leveraged transactions are speculative, involve a high degree of risk, and are appropriate only for persons who can assume risk of loss in excess of their margin deposit to carry CFD positions and may result in significant losses that substantially exceed Client's investment and margin deposit. Client understands that TRADERS HUB does not guarantee any or all profits resulting from trading on its system(s). Client represents and warrants to TRADERS HUB that Client is willing and able, financially and otherwise, to assume the risk of trading in CFD transactions, and in consideration of TRADERS HUB's carrying his/her/its account(s), Client agrees not to hold TRADERS HUB responsible for losses incurred through trading. Client recognizes that guarantees of profit or freedom from loss are impossible in trading Contracts. Client acknowledges that Client has received no such guarantees from TRADERS HUB or from any of its introducing or referring agents or other entities with whom Client is conducting his/ her/its TRADERS HUB account and has not entered into this Agreement in consideration of or in reliance upon any such guarantees or similar representations. If Client has received any such guarantees or inducements, Client is advised to report such activity to TRADERS HUB as promptly as possible.
your rights to money held in our segregated client bank account, where applicable, may be affected by (i) the insolvency of the relevant bank, or (ii) the insolvency of a third-party where we have transferred money to them for the purposes of margin etc.
Client money may be held on the Client’s behalf with an intermediate broker, a credit institution, a regulated market, a multilateral trading facility, a settlement agent, a clearing house, a payment institution, or an OTC counterparty located within or outside the Republic of Seychelles. The legal and regulatory regime applying to any such person outside the Republic of Seychelles may differ from that of the Republic of Seychelles, and in the event of insolvency or any other equivalent failure of that person, the Client’s money may be treated differently from the treatment which would apply if the money was held in a segregated account in the Republic of Seychelles. The Company shall not be liable for the solvency, acts, or omissions of any third party referred to in this paragraph.
The third party to whom the Company will pass money may hold it in an omnibus account and it may not be possible to separate it from the Client’s money, or third party’s money. In the event of the insolvency or any other analogous proceedings in relation to that third party, the Company may only have an unsecured claim against the third party on behalf of the Client, and the Client will be exposed to the risk that the money received by the Company from the third party is insufficient to satisfy the claims of the Clients with claims in respect of the relevant account. The Company does not accept any liability of responsibility for any resulting losses.
Client represents and warrants to TRADERS HUB that:
Client represents and warrants to TRADERS HUB that the financial information disclosed to TRADERS HUB in this document is an accurate representation of Client's current financial condition and that Client has very carefully considered the portion of the Client’s assets which the Client considers to be risk capital available for investment in Contracts. Client recognizes that risk capital is the amount of money Client is willing to put at risk and if lost would not, in any way, change Client's lifestyle. Client agrees to inform TRADERS HUB immediately if Client's financial condition changes in such a way as to reduce Client's net worth, liquid assets and/or risk capital.
Upon receipt of a request to withdraw funds from a TRADERS HUB trading account, including withdrawals as a result of a request to close an account, TRADERS HUB is authorized to perform a review of all account activity to ensure trades were settled properly. Improperly settled trades shall include, but not be limited to, trades that were executed: during platform or related hardware malfunctions; trades executed at off- market pricing rates regardless how such pricing was obtained and including bad ticks and trades executed during extreme market conditions, including acts of god, or similarly executed trades completed during abnormal market conditions. If TRADERS HUB, in its sole discretion, determines that any trade(s) were settled improperly TRADERS HUB is authorized to retroactively cancel such improperly settled transactions and adjust account equity based-off of such cancellations prior to completing any withdrawal. If, during such a settlement review, TRADERS HUB is authorized to cancel any applicable executed trades and adjust client equity prior to completing any such withdrawals or collect uncharged overnight interest, swaps or fees prior to completing any withdrawals should it determine, in its sole discretion, that trades completed within such an account violate any agreed upon term, condition, warranty or representation herein. TRADERS HUB reserves the right to close any client account at its sole discretion for reasons, for example but not limited to, including inactivity, client misconduct, regulatory or legal obligations (including sanctions and AML concerns), prohibited activities, or for internal business and operational decisions. Such closure may be affected without prior notice and shall be in line with applicable laws and regulatory requirements.
TRADERS HUB, without notifying Client, shall have the right to exchange Client's personal and credit information with certain government authorities and other third parties legally entitled to obtain such information, for contract and compliance purposes. TRADERS HUB shall have the right to investigate and verify the identity of the Client for determining the financial conditions and compliance with certain laws such as laws about money laundering, international boycott, and Transactions with specially designated nationals. All other uses of Client personal and credit information shall be subject to the policy of TRADERS HUB. Client also authorizes TRADERS HUB to investigate his/her/its background and credit standing (and credit standing of his spouse and children, if any) and to request a report for verify the information about his/her/its identity and the source of the payments to enable TRADERS HUB to determine the eligibility of Client to open an account and for any legitimate business purposes. Client also authorizes TRADERS HUB in this regard to contact financial institutions regarding the foregoing.
Client agrees that TRADERS HUB may change, add, or cancel any of the terms and conditions of this Agreement at any time by notifying such modification and their effective date on the TRADERS HUB's website and/or notifying thereof by e- mail at the e-mail address as provided to TRADERS HUB. Upon the completion of this procedure Client and TRADERS HUB shall be legally bound by the modification regardless of whether Client receives the email or not. TRADERS HUB may change its services at any time by making changes on its website and shall not be obliged to provide Client any separate notice concerning such change. If Client does not agree on the amendment, Client shall promptly notify TRADERS HUB in writing and cease to use TRADERS HUB's services except as necessary to close the account. Client acknowledges that the use of TRADERS HUB's services after the amendments to this agreement or modification to the service shall be deemed acceptance.
TRADERS HUB shall not be held liable in the event of force majeure and emergency situations such as suspension or delay of trading, war or earthquakes, unrest or communication line failure, electricity or equipment or software failure or any other cause beyond the control of the parties whether directly or indirectly or unauthorized access or theft or any problem technical or otherwise, which may prevent Client from entering, cancelling or modifying an order or prevent TRADERS HUB from acting on an online order or instructions. If TRADERS HUB determine that a force majeure event exist, TRADERS HUB may, in its absolute discretion and without prior notice, at any time take one or more of the following steps:
An event of default shall occur:
Upon the occurrence of an event of default of any of the provisions of this Agreement, TRADERS HUB shall have the right, in its sole discretion and without giving Client any additional notice, to forthwith close and liquidate the account, terminate any agreement with Client, sell any or all Client's assets and cancel any pending orders and/or close out any outstanding contracts or other instruments. Client shall no longer be able to access the platform and to initiate orders. All cash margins shall become immediately payable to TRADERS HUB who will automatically offset all Client transactions. Any amount remaining after the full recovery by TRADERS HUB of its rights shall be recovered by Client within 14 working days with effect of termination date, Client shall further be liable to Traders Hub for the amount of all reasonable legal and other professional expenses incurred by TRADERS HUB in connection or as a consequence of an event of default.
No provision of this client agreement may be waived or amended unless the waiver or amendment is in writing and signed by both Client and an authorized officer of TRADERS HUB. No waiver or amendment of this client agreement may be implied from any course of dealing between the Parties or from any failure by TRADERS HUB or its agents to assert its rights under this client agreement on any occasion or series of occasions. No oral agreements or instructions to the contrary shall be recognized or enforceable. This instrument and the attachments hereto embody the entire agreement of the Parties, superseding any and all prior written and oral agreements and there are no other terms, conditions or obligations other than those contained herein.
Client agrees and acknowledges that all notice requirements set forth therein, shall be satisfied by TRADERS HUB through the sending of any notification to the email address submitted with the Client Agreement by the Client.
You may communicate with us in writing, through email or by other electronic means or orally (including by telephone). Our contact details are as follow:
Address: situated at Room 12, First Floor, Kingsgate House, Independence Avenue, Victoria, Mahe, Seychelles Telephone Number: +248 4374952 or c info@tradershub.s Email Address:
c ops@tadershub.s You can reach our website at c https://www.tradershub.s
Client agrees and acknowledges that all conversations may be recorded. Conversations relating to the account(s) between Client and TRADERS HUB personnel may be electronically recorded with or without the use of an automatic tone warning. Client further agrees to the use of such recordings and transcripts thereof as evidence by either party in connection with any dispute or proceeding that may arise involving Client or TRADERS HUB. Client understands that TRADERS HUB destroys such recordings at regular intervals in accordance with TRADERS HUB's established business procedures
Client agrees to indemnify and hold TRADERS HUB, its affiliates, subsidiaries, employees, agents, successors and assigns harmless from and against any and all liabilities, losses, damages, costs and expenses, including attorney's fees, incurred by TRADERS HUB arising out of Client's failure to fully and timely perform Client's agreements herein or should any of Client's representations and warranties to TRADERS HUB fail to be true and correct. Client also agrees to pay promptly to TRADERS HUB all damages, costs and Expenses, including attorney's fees, incurred by TRADERS HUB in the enforcement of any of the provisions of this Agreement and any other agreements between TRADERS HUB and Client.
This Agreement and the rights and obligations of the parties hereto, and any judicial or administrative action, proceeding, or arbitration arising directly or indirectly hereunder, or in connection with the transactions contemplated hereby, whether brought by the Client or TRADERS HUB, shall be governed by the laws of the Republic of Seychelles.
Any dispute arising out of or in connection with these Terms, including any dispute regarding the existence, formation, performance, interpretation, nullification, termination, or invalidation of these Terms, shall be referred to and finally resolved by arbitration in accordance with the Arbitration Rules of the Seychelles Arbitration Centre, which rules are deemed to be incorporated by reference into this clause. For the purposes of any arbitration proceedings commenced pursuant to this clause, the number of arbitrators shall be one (1), the seat (or legal place) of arbitration shall be Seychelles, and the language of the arbitral proceedings shall be English. The existence of any dispute or difference, or the initiation or continuation of any dispute or resolution proceedings, shall not postpone, suspend, or delay the obligation of the Parties to perform, or the performance by the Parties of, their respective obligations under these Terms.
We have internal procedures for handling complaints fairly and promptly in accordance with our Complaints Handling Policy. You may submit a complaint to us by letter, telephone, email, or in person. We will send you a written acknowledgement of your complaint within seven Days’ of receipt of your complaint. Please contact us if you would like further details regarding our complaints procedures.
You may submit a written complaint by addressing it to the Compliance Manager at Room 12, First Floor, Kingsgate House, Independence Avenue, Victoria, Mahe, Seychelles, by email to ops@tradershub.sc, or by phone at +248 4374952.
Subject to Applicable Regulations, in the event that electronic signatures are used in a communication between us, such communication is binding as if it were in writing. Orders or instructions given by you through e-mail or other electronic means will constitute evidence of the Orders or instructions given. Acceptance of these Terms or other documents done through electronic means such as a tick box on the Website, or acceptance through e-mail or on the Platform shall constitute evidence of your acceptance of these Terms and other documents.
This Agreement including shall continue in effect until termination took effect by any event herein or may be terminated by Client at any time when Client has no obligations held by or owed to TRADERS HUB, upon the actual receipt by TRADERS HUB at its office of a written notice of termination, or at any time whatsoever by TRADERS HUB upon the transmittal of written notice of termination of any obligations set out in this Agreement. Termination by Client shall not relieve Client of the obligation to pay any deficit balance in the accounts.
I/We have read, understood, and agree to the clauses set out in this Agreement. Where I/we sign in a representative capacity, I/we confirm that I/we have full power and authority to enter into this Agreement.
The rights and remedies provided under these Terms are cumulative and not exclusive of those provided by Applicable Regulations. We are under no obligation to exercise a right or remedy. A failure or delay by us in exercising our rights under these Terms or otherwise is not a waiver of such right or remedy. No single or partial exercise of a right or remedy will prevent further exercise of that right or remedy or the exercise of another right or remedy.
The Company is committed to the following:
The two parties agreed as follows:
Preamble: Comprises the preamble, definitions & provisions as follows:
Introduction: Traders Hub offers on-line trading services which enables the customers to inquire about transactions and rates in financial Markets, negotiations for sale & buy Therefore, please read the terms & conditions carefully, as they are binding for both parties.
Definitions: The words and phrases mentioned below carry the same meanings mentioned in front of each unless otherwise construed as per the context. The Company: means Trader’s Hub Limited.
The customer: Any natural person or corporate body concluded this contract with Traders Hub. For this service, by filling the application forms specified for the service mentioned before, and acceptance of the terms & conditions herein with the company’s approval.
The account: The account in the name of the customer for his service supply. Personal Computer (PC): Computer used by the customer.
The Service: This service is a system used by the brokerage Company so as to enable the client to enter the orders relating to the direct purchase or sale of financial products via the “internet” as soon as the system receives the order. It will start checking the possibility of the performance thereof and passing it automatically to the e-dealing system applicable in the market, The system allows access to all transactions and cash account and positions for the client for different periods.
General Provisions: Whereas ” the service “ is proffered through PC & Telecoms owned by the customer “ Internet “ – and the two parties are desirous to regulate the system of service – it has been agreed from both parties on the following terms & conditions:
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