Dear Traders
I have just got this notice (Amendments to the Legal Documentation) through my email from FXpro. I am wondering if this message was sent to all FXpro clients or just me. if you are FXpro clients receiving the same message please leave comment. I found kind of funny about this since i have turn my last 4k to $115k from December to today. And today i got this email it seems that there are always something brokers do when you win big money Everything else about FXpro so far is excellence
or is this just regular business updated
Here it is
We would like to inform you that the Client Agreement and Terms and Conditions of Business' have been amended with immediate effect.
Here is a summary of the amendments that have been made:
I have just got this notice (Amendments to the Legal Documentation) through my email from FXpro. I am wondering if this message was sent to all FXpro clients or just me. if you are FXpro clients receiving the same message please leave comment. I found kind of funny about this since i have turn my last 4k to $115k from December to today. And today i got this email it seems that there are always something brokers do when you win big money Everything else about FXpro so far is excellence
or is this just regular business updated
Here it is
We would like to inform you that the Client Agreement and Terms and Conditions of Business' have been amended with immediate effect.
Here is a summary of the amendments that have been made:
- Vault
- We have updated the definition of Vault. Please see paragraphs 5.1 and 10.6 of the Client Agreement.
- Abuse of the Negative Balance Protection offering
- We have clarified the actions FxPro may take if clients are found to abuse the negative balance protection offered by FxPro. Please see paragraph 5.8 of the Terms and Conditions of Business.
- Leverage restrictions
- We have clarified leverage restrictions that can be found on the companys website. Please see Important Notice 1 of paragraph 6.27 of the Terms and Conditions of Business and paragraph 7.1 of the Client Agreement.
- Authorised representatives
- We have clarified how the firm recognises authorised representatives. Please see paragraph 8.2 of the Client Agreement.
- Local jurisdictions restrictions or reporting requirements
- We have clarified the clients responsibility to ensure their compliance with any local restrictions or requirements. Please see paragraph 23.4 of the Client Agreement.
- Margin treatment
- We have clarified how client margin may be treated by FxPro. Please see paragraph 10.4 of the Client Agreement.
- Funding processing
- We have made clarifications on deposits and withdrawals processing times and on procedures about additional documentation we may request. Please see paragraphs 10.17 and 10.18 respectively of the Client Agreement.
What do you need to do?
If you are in agreement with the amendments you do not need to take any action; unless we hear from you we will assume you have accepted the amended terms. If you decide to reject the amendments, please contact us before February 28, 2016.
You will find the amended versions of the Client Agreement and Terms and Conditions of Business' on our official website; please read these documents carefully.
We recommend that you keep a copy for your records.
If you have any questions, please do not hesitate to contact us. You can reach us via Live Chat or e-mail at [email protected]
Kind regards,
Sales and Customer Support Department