TERMS AND CONDITIONS
This INVESTMENT Terms and Condition is between Stockmetrictraders of Bartholomew Close, London, UK EC1A 7B, Investor you should read the agreement carefully, understand and agree with the terms and conditions before you enter into a contractual relationship with us.
Stockmetrictraders is a pioneer online trading group that was founded in 2007, and has revolutionized currency, commodities, indices and options trading in over 160 countries ever since. We are pioneers in developing online trading as a consumer product, and one of the leaders in the market with customized technology and personal service tailored to all levels of knowledge and experience traders ("you"), accessible from any location. We develop easy and user friendly online trading platforms for execution-only transactions in the over-the-counter spot foreign exchange, forward foreign exchange, CFD commodities and CFD Index markets ("Financial Products") and options trading. We further provide you with real time tradable BID-ASK tradable prices by collecting and aggregating information sourced through, independent price providers, relevant exchanges and interbank participants who normally supply liquidity and information to the global FX and Futures market and distributes the real time BID-ASK tradable prices to you via our proprietary and 3rd party trading platforms.
1. APPOINTMENT & ACCESS
The investor hereby appoints the investment account manager, as his Forex Trader and shall grant the investment account manager access to the Forex Trading Account(s) for trading purpose only It’s very important to understand that the Forex account management agreement never allows the account managers to fund or withdraw funds from the investor account. The international anti money laundering laws only allow the investor to make any funding and withdrawal to their broker’s account and it can be only accepted if the holder of the broker’s account and the holder of the bank account is exactly the same. only the client have access to withdraw and add funds in the account
2. PROFIT SHARE
The total commission charges is total 25%. The company takes 10% and the account manager takes 15% If the market makes less than or equals to 10% profit, the account manager will not partake in the profit share.
3. NON-REFUNDABLE FEES
Initial investment is non-refundable if the profit generated is more or equal to 10% (ie the initial investment is only refundable when no profit is generated) INVESTMENT AMOUNT: The capital investment amount is the amount deposited by the investor into his/her forex trading account to be invested and managed by the account manager. The invested amount shall be a minimum of $500
4. TRADING ID
A trading account identity number will be granted to the investor upon investing he/she shall only share the this id with his/her account manager only.
5. DEPOSIT AND WITHDRAWAL
Deposit shall only be made via BITCOIN PAYMENT, ACCOUNT DEPOSIT AND PAYPAL Documentation: So as to proceed with the execution of a withdrawal order, you need to provide us with documentation verifying your identity so that we can authenticate your identity, as required by law, credit card companies' regulations and our internal policies Withdrawals: Withdrawals to bank accounts may take a longer time period to be credited to your account. When choosing an account base currency, other than the currency used in your debit or credit card, you may incur fees which are due to currency conversion or other charges; therefore your refunded amount may vary slightly from the sum that you initially deposited in your account base currency. Please read the terms and conditions of the bank that you hold an account with regarding their charge policies in currency conversion. THIRD PARTY FEES: All withdrawal attracts third party fees like taxs, signals, c.o.t(cost of transfer) etc depending on your country. All third party fees must be paid before withdrawal can be processed.
6. Taxation
You may be liable to pay taxes arising out of your trading transaction, usually related to the profits you made, depending on the local jurisdictions in which you are a tax resident in.
7.Note
Note that commission deductions are only available for mini-accounts. While Basic, Standard and Premium accounts commission clearance are to be paid to the company by investors before or during withdrawals.
8. DATA PROCESSING - PRIVACY POLICY - COOKIES
You may rest assured that we take all measures to ensure that the information you entrust us with will be treated as confidential. Your personal data that we require throughout our cooperation, is safely stored in our electronic systems, it is treated as CONFIDENTIAL and it is protected by Data Protection laws. It is our policy not to disclose client information to non-affiliated third parties except with your consent or where required for legal or regulatory purposes. Notwithstanding the above, there are certain cases where information cannot be considered confidential. This occurs where it can be proved that such information is Already available to the public, through no act or omission of the recipient or of any other third party owing an obligation of confidence to the receiver; Rightfully received from a third party without any restrictions as to its use or disclosure; Required to be disclosed pursuant to legal or regulatory requirement. Cookies - Cookies are small text files that are sent to and stored on your device, such as desktop and laptop, smartphone, tablet/phablet, for accessing the Internet, when you visit a website or a webpage. Cookies allow a website to recognise a user's device. The objective of cookies use is to improve and make the user's experience
9. INTELLECTUAL PROPERTY
All intellectual property of our proprietary platforms, products and services belongs to the Company. We allow you only the access and the use of the platforms for the performance of the trade transactions. Intellectual Property includes but it is not limited to any copyright on materials, the platforms, software, processes, source code, websites, patents, designs, databases, patents, trademarks, methodology, know how, trade secrets, business plans, promotional and marketing material, in any sort of form. We retain all rights, title and interest in all our Intellectual Property rights, arising out of this Agreement.
10. TERMINATION
If you wish to close your account, you must notify us in writing. If we wish to close your account, we will also notify you in writing by giving reasonable notice, unless there are grounds where we need to terminate our contractual relationship with you earlier or even immediately without notice.