FxPro Financial Services Ltd. │Client Agreement Page 27 of 34
c increase spreads; and or
d change the spreads from fixed to floating applicable to ‘Fixed Spreads’ Accounts only;
andor e
decrease leverage; and or f
close-out any open positions at a price that the Firm considers reasonable; and or g
combine or close any open positions at VWAP; and or h
request amendments to any closed positions; and or i
suspend or limit or restrict the provision of investment and or ancillary services to the Client; and or
j amend any of the content of the Agreement on the basis that it is not reasonable for
FxPro to comply with it; and or k
cease trading; and or l
prohibiting you from accessing or using the trading platforms or Accounts or systems; andor
m make any necessary deductions; andor
n allow close-only functionality; and or
o refuse or delay effecting your request for a withdrawal of money from your Accounts;
andor p
impose special or different terms regarding any orders of the Client with regards to the order size, volatility or liquidity, amongst others; andor
q remove any products or change any contract specifications or remove the ability to
place any orders; andor r
as indicated in the FxPro ‘Order Execution Policy’ as amended from time to time; andor
s exercise any right available to the Firm in this Agreement.
21.3 FxPro will exercise all necessary endeavours to resume the orderly provision of our services as
soon as possible. If this is not possible at all, we will inform you of the necessary actions to be taken.
21.4 If FxPro is unable to perform any obligation pursuant to the Agreement, FxPro shall not be
considered as having breached the Agreement.
22. AMENDMENTS TO THE AGREEMENT
22.1 FxPro reserves the right to amend, from time to time, any part of the Agreement for any
reason, especially, but not limited to, circumstances where the Firm deems that such amendments are necessary to comply with any legal obligation or given an announcement by
a regulatory authority of a competent jurisdiction. The Client shall ensure that they are informed of these changes at all times. Under such circumstances, the Client will be notified
FxPro Financial Services Ltd. │Client Agreement Page 28 of 34
either in writing or through our Website accordingly and shall reserve the right to accept or deny the amendments according to the provisions of this clause.
22.2 If FxPro deems that the proposed amendments are material, such amendments will take effect
on the date specified in our notice to you.
22.3 Any amendments will affect all ongoing business between us, unless we state otherwise in our
notice.
22.4 You understand and agree that your consent is not necessary for any changes to be effective.
22.5 The Client understands that it is their sole responsibility to remain up-to-date with all changes.
The applicable version shall be the latest version uploaded on our Website and in the event of dispute the latest version shall prevail.
23. TERMINATION
23.1 The Client reserves the right to terminate the Agreement:
a within the time period specified in a notice of amendment or within 7 seven days
from the notice of an amendment if a time frame has not been specified; or b
at any time and for whatever reason by providing the Firm with a 7 seven day notice, by sending a notification via e-mail through the registered e-mail address, given that there are
no open positions traded through the relevant Account and the Client has no outstanding obligations to FxPro.
23.2 FxPro may terminate the Agreement, for whatever reason, by giving the Client at least 7
seven days’ written notice, specifying the termination date and any open positions will be closed by the Firm, as the Firm deems fit.
23.3 The Client accepts that FxPro reserves the right to terminate the Agreement immediately by
providing the former with a written notice, if any of the provisions of the below clause come into effect.
23.4 FxPro shall immediately terminate the Agreement, in the event of:
a a violation of any part of the Agreement on behalf of the Client;
b where FxPro deems that the Client has not acted in good faith;
c an issuance of an application, order, resolution or other announcement in relation to
bankruptcy or winding-up proceedings that involve the Client; d
a Client’s death or incapacity; and e
a Client involving the Firm or being involved in any type of behaviour which is contrary to good faith or not in line with applicable anti-money laundering regulations;
FxPro Financial Services Ltd. │Client Agreement Page 29 of 34
f the Client has acted contrary to the ‘Order Execution Policy’;
g the Client has acted contrary to any other policy or procedure of the Firm.
23.5 A termination of the Agreement shall not imply that any of the Client’s responsibilities cease
to exist; the latter shall still be liable to pay to the Firm andor the Firm shall have the right to immediately deduct from any Account:
a any amount that is due to FxPro;
b any expenses that has been incurred by FxPro, as a result of the termination of the
Agreement; and c
any damage that has arisen because of an arrangement or settlement; d
take any action permissible by law or this Agreement. 23.6
Upon termination of the Agreement, FxPro will transfer to the Client any amount available in the relevant Account minus any outstanding amount that is due to the Firm by the Client,
unless the Firm is prohibited to do so by the law.
24. INTELLECTUAL PROPERTY RIGHTS
