InvestTechFX
Disclaimer
1. Risk Investment - Trading foreign exchange, Indexes and
CFDs on margin carries a risk and may not be suitable for all investors.
Before deciding to trade you should consider your investment objectives,
level of experience and risk appetite. Customers should be aware that Forex
Markets are a highly risky and volatile markets, and there exists the possibility
that all funds may be lost due to the nature of the market.The possibility exists
that you could sustain a loss of some or all of your investment and therefore
you should not invest money that you cannot afford to lose. You should be
aware of all the risks associated with trading and seek advice from an
independent financial advisor if you have any doubts.
2. Internet Trading Risks - I hereby aknowledge the risks
associated with utilizing an Internet-based deal execution trading system
including, but not limited to, the failure of hardware, software and
Internet connection. Since Investtechfx does not control signal power,
its reception or routing via Internet, configuration of your equipment
or reliability of its connection, we cannot be responsible for
communication failures, distortions or delays when trading via the
Internet. Investtechfx employs back-up systems and contingency plans to
minimize the possibility of system failure.
3. Trading Account Policy - It is understood that InvestTechFx’s
Trading Account holders and/or their duly appointed representative are strictly
forbidden to abuse any and all benefits given in any manner whatsoever.
In case of any dispute, InvestTechFx reserves the right for the final decision.
InvestTechFx can cancel all trading account benefits at any time and take
any actions necessary such as canceling client transactions, adjusting client
account balances etc. that might be required in the absolute discretion of Investtechfx due to
abuse of these benefits.
4. Customer Identification Program (CIP) and Anti-Money
Laundering (AML) Policies and Procedures: It is the customer’s responsibility to
submit by scanned email/fax one valid form of government issued ID or
Passport, along with Bank Statement and/or Utility Bill proving residence,
within three business days of their real trading account being activated.
According to regulations implemented in 2003 by the USA Patriot Act, all
financial institutions must verify the identity of individuals wishing to
conduct financial transactions through a custom Customer Identification
Program (CIP) appropriate to the size and type of its business.
Investtechfx’s due diligence requires the heretofor mentioned ID and
Utility Bill in order to abide by our CIP as well as to adhere to the
guidelines for Anti-Money Laundering (AML) set forth by the Bank Secrecy
Act and USA Patriot Act.
5. Investtechfx is a No Dealing Desk (NDD) and Straight Through Processing (STP).
Our platform, MetaTrader4 (MT4), is a software solution and we do not provide the
liquidity with which you can trade in the Forex market. All deals are
executed through the clearing company and are performed completely
electronically. Investtechfx has no interest, influence or control over
the success or failure of the deals completed by customers. Each customer
is solely responsible for his/her own positions within the Forex/CFD markets.
There may be a slight delay of seconds between the entry order and market
price due to internet connection/traffic. In times of extensive activity, or
factors involved with liquidity/volatility, their may be a lag for the
execution times. Customers may upgrade to a higher internet speed connection.
Additionally, during these times, the clearing department may automatically
lower leverage as protection for the trader/clearing department.
6. Scalping fees are determined by the Clearing Department.
Fees are determined by 1) how often you trade (day trading), 2) how long you
hold the position, and 3) what the trader’s target profit is. The scalping fee
is $10 per lot/trade, based on a standard lot of 100K units. For a mini lot of
10K units, the scalping fee is $1 per lot/trade, working on a relative scale.
Customers should be familiar with the scalping terms and conditions found on
Investtechfx’s website.
7. VIP Accounts are for customers that deposit over $20K in their
real trading accounts and customers that reach a balance of $20k during their trading activity.*
A bonus of 20% is automatically credited, including advanced interest of 5% per
annum bonus coupon on the initial deposit available for trading.
Annual rebate of $1/lot traded upon maturity.
8. Account Maintenance, Trading Bonus, and Cash Credit Incentives defined as an
account service following account opening; valid for clients who open and fund a new Forex brokerage account.
• To receive the Credit Trading Bonus or a Cash Credit Incentive, a minimum of $1000 are required as initial
deposit and must be maintained for the duration of the Block Trading period.
Block Segment Trading consists of a minimum commitment of 120 days, 240 days or 365 days.
Credit bonus's will be processed automatically and applied to the account upon deposit. Credit trading bonus
are awarded as incentives to boost the initial investment. Trading bonuses range from 10% to 35% based on the
amount of the deposit and commitment time frame. Trading bonus's are not associated with capital gains or net
profits and can not be withdrawn, it is used strictly as a credit tool to increase the buying and selling
capacity when trading the account (cash or margin*). Accounts accepting a bonus exceeding 25% up to 35% of the
initial deposit are automatically eligible for Cash Back offers, and are committed for 12 months.
Cash Credit rebates shall be limited to commissions for trades of that are executed through the
InvestTechFx/MetaTrader 4 platform for Forex trading and cannot be applied towards any other investments.
InvestTechFx will give a USD $1 rebate per round turn traded on all 100,000 lot size. The rebate is scaled
depending on your trade amount; the cash back rebate will be added to the account balance. Withdrawals from
accounts without trading activity may result in ineligibility for the “Cash-back” program.
The above offers applies to one InvestTechFX network ID regardless of the number of accounts held as combined
accounts can be eligible cash credit incentives under one network ID. InvestTechFX reserves the right to terminate
these offers or change the terms and conditions at any time. Customers who receive promotional offers from any
InvestTechFX affiliates may be subject to taxes if applicable as per that country where they reside.
Please consult a tax professional. No offer or solicitation to buy or sell securities, securities derivatives,
futures products or off-exchange foreign currency (forex) transactions of any kind, or any type of trading or
investment advice, recommendation or strategy, is made, given or in any manner endorsed by any InvestTechFX affiliate.
Please visit our website www.InvestTechFx.com for relevant risk disclosures. Past performance, whether actual or
indicated by historical tests of strategies, is no guarantee of future performance or success.
• Active trading is generally not appropriate for someone of limited resources, limited investment or trading
experience, or low risk tolerance. There is a risk of loss in futures trading. Trading foreign exchange (FOREX)
carries a high level of risk and may not be suitable for all investors. There is a possibility that you may
sustain a loss equal to or greater than your entire investment; therefore, you should not invest or risk money
that you cannot afford to lose. • Deposited accounts stale over 60 days that have not traded and whom been awarded a
trading bonus will be automatically committed for 12 months. • System access and trade placement and execution may be
delayed or fail due to market volatility or volume, quote delays, system and software errors, Internet traffic,
outages and other factors. • All proprietary technology in MetaTrader 4 is Licensed for exclusive use by InvestTechFx.
9. Prior to commencing trading, all customers are required
to submit by email whether or not they will be scalping and/or using an
Expert Adviser (EA). Customer will be placed into the EA/Scalping Group,
and pay $10 per lot/trade. As an EA is an outside product, responsibility
for making the EA work with the MT4 platform lies with the customer.
Customers’ responsibility is to contact the manufacturer should any problems
arise and/or do their own research. Any profits/losses associated with the
use of an EA are customers’ sole responsibility.
10. Deposits and Withdrawals may take up to 72 hours to clear
and be credited to customers’ real trading account. Customers wishing to
withdraw must send an email request. In rare and extreme situations, deposit/withdrawal
time may take up to 5 business days. For bank wires, an email
confirmation is required. Investtechfx will cover any surcharges associated with
deposits, while customers will cover any surcharges associated with withdrawals.
The method of deposit will be the method of withdrawal. Investtechfx works with
and accepts payment by/from PayPal, Moneybookers, Credit Cards, and Bank Wire.
11. For every communication with Investtechfx, customers
must submit his/her real trading account number. Customers that do not
provide their account number must bear in mind that there will be a delay.
12. Trading Account Abuse - Account holders are strictly forbidden to
abuse benefits given in any manner whatsoever or to use it in any manner except as foresaid.
Any active trading found to be done through High Frequency Trading** techniques or by heavy scalping/EA activity with unauthorized, unrecognizable or
unreadable EA codes will result in trades related to these abuses being null and void, the immediate
closing of the account, and the full refund of the initial deposit. InvestTechFX may cancel all
trading account benefits at any time and take any action necessary including cancelling client transactions and
adjusting client account balances. That might be required in their absolute discretion due to abuse of
benefits or use of unauthorized equipment or heavy scalping activity.
13. Use of Unauthorized Strategy: Any use or attempt to use any manipulative or deceptive
device or contrivance and any use of any unauthorized or illegal strategies such as the Martingale Strategy
(strategy based on probability theory) is strictly prohibited. Any trader caught using this strategy will
have their accounts immediately closed, and their initial deposit returned.
All trades conducted using this strategy will be deemed null and void.
14. MT4 Terminal Multiple Log-Ins: By January 1, 2010, the Clearing Department will no longer
support more than one MT4 Client Terminal Log-in under the same account. This high security feature is added
to ensure customers do not open the same account simultaneously on multiple computers in order to avoid unauthorised
trading such as making the orders multiply or have one trade working against the other or High Frequency Trading**.
This feature is also added to address issues of order execution delay, as this type of trading slows execution times
significantly. You can still enjoy watching your account status and balance at any time from any computer by logging
into our website: www.investtechfx.com and entering your customer ID and password on the home page. InvestTechFX is
always working on behalf of our customers to ensure that they have the best possible trading experience.
15.A Confidentiality: Beginning in December, 2010, the Account Holder shall maintain in strict confidence
all correspondence and verbal communication between the Account Holder and InvestTechFx and shall take all measures to
prevent disclosure of such information. Except as otherwise expressly authorized in writing by InvestTechFX, the Account
holder shall not distribute, publish, disseminate or cause to be distributed, published or disseminated any such correspondence
or other unsubstantiated information and any such action will result in a breach of confidentiality, as InvestTechFX in its sole
discretion so determines. The Account Holder hereby acknowledges that unauthorized disclosure or use of such information could
cause irreparable harm and significant injury to InvestTechFX. The Account Holder agrees to indemnify and hold InvestTechFX
harmless from any damages and expenses, including legal fees, which InvestTechFX may sustain as a result of a breach of
confidentiality hereunder and InvestTechFX will have the right to seek and apply for enforcement of this provision 15 by an
injunction in addition to the right to recover damages. Temporary Holds for Breach of Confidentiality: If InvestTechFX, in its
sole discretion, determines that an Account Holder has breached confidentiality, InvestTechFX may place a temporary hold on the
funds in Account Holder’s account to cover the amount of the liability until further legal notice.
*VIP accounts funds are fully committed for twelve months of active trading.
**HFT - High Frequency trading interferes in the deals electronically executed through the Liquidity
Provider contravening the signals transferred between ITFX MT4 Platform and the Liquidity Provider executions,
thereby imparting inaccuracies in the FX liquidity. Customers are not authorised to make trades using high frequency
computerised trading techniques, to increase or decrease the transaction speed and operate more than one transaction
at a particular time (simultaneously), thereby robotically increasing profits. High Frequency trading is done through
sophisticated computer programs (EAs/Robots) that use a special class of algorithmic trading capable of generating vast
profits within a short timeframe.