FAQ IT-24Options


Terms & Conditions


Note: The English version of this agreement is the governing version and shall prevail whenever there is any discrepancy between the English version and the other versions.

This client agreement, together with any Schedule(s), and accompanying documents, as amended from time to time, (this “Agreement”) sets out the terms of the contract between you and us. Please read it carefully and let us know as soon as possible if there is anything which you do not understand.

General Questions


1. INTERPRETATION


“APPLICABLE REGULATIONS” means:

MFSA Rules or any other rules of a relevant regulatory authority; and all other applicable laws, rules and regulations as in force from time to time.

“ASSOCIATE” means an undertaking in the same group as us, a representative whom we or an undertaking in the same group as us appoint, or any other person with whom we have a relationship that might reasonably be expected to give rise to a community of interest between us and them.

“BASE CURRENCY” means US Dollars.

“BUSINESS DAY” means a day which is not a Saturday or a Sunday and upon which banks are open for business in US.

“CLIENT MONEY RULES” means the rules specified in Standard License Conditions 2.86-2.93 of the Investment Services Rules issued by MFSA and the Investment Services Act (Control of Assets) Regulations – Legal Notice 24 of 1998 as amended and the Directives and Circulars issued pursuant these Rules and Regulations, as amended from time to time by MFSA.

“CONTRACT FOR DIFFERENCES” or “CFD” means the financial instrument specified in paragraph of the Second Schedule of the Investment Services Act.

“CREDIT SUPPORT PROVIDER” means any person who has entered into any guarantee, pledge, hypothecation, agreement, margin or security agreement in our favor in respect of your obligations under this Agreement.

“ELECTRONIC SERVICES” means a service provided by us, for example an Internet trading service offering clients access to information and trading facilities, via an internet service, a WAP service and/or an electronic order routing system.

“EVENT OF DEFAULT” means any of the events of default as listed in Clause 14.1 to Clause 14.9 of Clause 14 (Events of Default)” of this Agreement.

“EXECUTION” means the completion of clients’ orders on the company’s trading platform, where the company acts as a Principal to clients’ transactions.

“MFSA” is an abbreviation for “US Financial Services Authority”.

“MFSA RULES” means the Investment Services Act (Chapter 370 of the Laws of US), the Prevention of Money Laundering Act (Chapter 373 of the Laws of US), the US Financial Services Act (Chapter 330 of the Laws of US), the Prevention of Financial Markets Abuse Act (Chapter 476 of the Laws of US), the Directives, Circulars and all other regulations issued pursuant to these Laws and all guidance notes, administrative notices, newsletters and rules published by the US Financial Services Authority.

IT-24Options” means the internet-based trading system available at our Website that allows you to provide us with instructions.

IT-24Options” means the trading desk operated by us at our premises the Headquarters of IT-24Optionsin US.

“OTC” means ‘over the counter’ and refers to transactions conducted otherwise than on an exchange. “SECURED OBLIGATIONS” means the net obligation owed by you to us after the application of set-off under clause 12 (Margining Arrangements) in the paragraph entitled (Set-off on default).

“SYSTEM” means all computer hardware and software, equipment, network facilities and other resources and facilities needed to enable you to use an Electronic Service.

2. INTRODUCTION


3. REGULATION


4. COSTS, PAYMENTS, CHARGES and COMMISSIONS


5. . RIGHT TO CANCEL


6. NON ADVISED


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You can start your online forex trading today with IT-24Options. Please feel free to browse our economic calendar. It contains important information on EURUSD, USDJPY, GBPUSD, USDCHF, EURCHF, AUDUSD, USDCAD, NZDUSD and other currency pairs and trading instruments and provides up-to-date market news and market research. IT-24Options offers a deposit forex bonus of up to 50%*. You can trade micro-lots (0.01 lots) with IT-24Options. Business license no. 19776 IBC 2011 Registered address: St. Louis Missouri

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