Managed Account's Terms of Use

1. Authorization

Customer authorizes The Agent to act as his/her Trading Agent and to manage his/her account and risk through the purchase and sale of currency pairs and commodities. Customer's Account is connected to the Master Account of Trading Agent, which determines the Trading Conditions (Leverage, Spreads, Margin requirements, Stop Out Levels, Commissions).

FinFx Trading Oy shall not under any circumstances whatsoever be responsible for any liabilities, losses, damages, costs or expenses, arising there from. FinFx Trading will not in any way be liable or responsible for any buy or sell trading actions done on the Customer's behalf by the Agent or for any losses incurred by the Agent for the Customer's account. Further, FinFx Trading does not endorse the Agent nor does it vouch for the background, or experience of the Customer's Trading Agent, nor does FinFx Trading endorse any operating methods used by the Customer's Trading Agent, including when trading for the Customer's Account. Even though the Customer granted trading authority to another, The Client should be diligent to closely scrutinize what transpires in the account. If the Customer has any questions, he/she will contact FinFx Trading immediately.

The authorized Agent shall have full authority for the trading concerned. Customer acknowledges and understands that FinFx Trading Oy is being given authorization to follow the instructions of the Agent in every respect concerning the Customer's foreign currency trading account, except that said agent is not authorized to withdraw any money, securities, or other property in the name of the undersigned.
 

2. Risks

Customer acknowledges and understands that trading is very risky and may result in losses that equal to or exceed the amount of margin deposited with FinFx Trading. Customer also acknowledges that neither FinFx Trading nor any Trading Agent can guarantee profits or avoid the risk of loss or, under some circumstances, even limit the extent of potential loss under. Customer is solely and exclusively responsible for understanding the trading objectives and risks of the Trading Agent and acknowledges and agrees that FinFx Trading is not responsible for any transactions that may or may not conform those objectives.
 

3. Remuneration

Customer understands that Trading Agent will charge Client to manage Client's trading activity. Compensation will be in the form of commissions, management, performance and/or other fees as specified in the Limited Power of Attorney. It is the Client's responsibility to inquire with Trading Agent on what this compensation may be. Client agrees that FinFx Trading is authorized to deduct these fees from Client's account on behalf of Trading Agent.

The Performance Fee is calculated based upon the equity in the end of every calendar month. According to the industry standard High Watermark principle end-of-month profit is compared to the previous month's profit. If the comparison is negative no Performance Fee is collected. The highest historical Equity shall remain as the basis for comparison.
 

4. Withdrawals

Customer understands that withdrawals can be made only after all open trades have been closed and no trading takes place. If the Client requests a withdrawal from his/her account, and there are insufficient funds available to pay the Trading Agent as a result of such request or other action taken by the client, the Client agrees and understands that all fees are debited from his/her trading account prior to requested withdrawal.
 

5. The Validity and Termination of Limited Power of Attorney (LPOA)

The authorization is a continuing one and shall remain in full force and effect until it is terminated in writing to FinFx Trading. Customer understands the termination can come into force only when all open trades have been closed. Further, FinFx Trading is obliged to follow the instructions of the Agent. Customer understands that FinFX Trading is harmless from and against any and all liabilities, losses, damages, costs and expenses, arising there from.

 

NOTE!

Connections, terminations and withdrawals are processed only during office hours - from 8.00  to 16.00 Monday to Friday (Finnish time, GMT +2). There may be some changes due to holidays or Daylight Saving Time (GMT +3).

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Преимущества торговли в компании FinFX

  • Рыночные спреды начиная от 0 пунктов
  • Торговля в системе ECN/DMA
  • Кредитное плечо до 1:200
  • Приветствуются все торговые стратегии
  • Идеальные условия для скальпинга
  • Поддерживаются все торговые советники (EA)
  • Торговля с пятым знаком
  • Поддерживается хеджирование
  • FIFO не применяется
  • Пополнение / Снятие денежных средств в EUR / USD / CHF / GBP
  • Различные способы пополнения торгового счета  - банковским переводом, банковской картой, Skrill (Moneybookers)
  • Служба поддержки клиентов - 24/5
  • Поддержка клиентов на английском, финском, немецком, испанском и русском языках.
  • Полная прозрачность работы от А до Я

 

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