As of today, you will be able to see the updated changes to the following list of agreements, which you have accepted with FXTM: - Client Agreement
- Terms of Business Cent Account
- Terms of Business ECN_MT4
- Terms of Business ECN_MT5
- Terms of Business ECN ZERO _MT4
- Terms of Business FXTM Pro
- Terms of Business Shares Account
- Terms of Business Standard Account
We encourage you to carefully review the changes noted below. The following term was added to Interpretation of Terms: “Trading Portfolio” – a range of trading accounts held by a Customer with the Company. The following existing clause has been replaced or added to: Client Agreement - added to paragraph 33(2), Terms of Business Cent Account - replaced paragraph 6.5, Terms of Business Shares Account - replaced paragraph 6.5, Terms of Business ECN_MT4 - replaced paragraph 6.4, Terms of Business ECN_MT5 - replaced paragraph 6.4, Terms of Business ECN_Zero_MT4 - replaced paragraph 6.4, Terms of Business FXTM Pro - replaced paragraph 7.6, Terms of Business Standard Account - replaced paragraph 6.6 Current Content: If a Stop Out execution has resulted in a negative Balance of the Customer’s Trading Account, the Customer shall be liable for this loss and must make a payment of the full and total amount due immediately. The Company has the right to compensate this loss at the expense of the Customer’s funds located in other Accounts belonging to the Client. New Content The Company ensures that losses will never exceed the total available funds across the Client’s FXTM trading portfolio (negative balance protection). Kindly note that no further action is required from your part at this point, as the changes will automatically take effect starting today. If you have any questions regarding the above, please contact Customer Support. |
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