Effective Date: January 18, 2020 Welcome to Orderglo! These Terms and Conditions (“Terms”) govern your use of our trading services, website, and any related applications (collectively referred to as “Services”). By accessing or using our Services, you agree to comply with these Terms. If you do not agree with these Terms, please do not use our Services.
1. Definitions
“Client” refers to any individual or entity that registers for an account with Orderglo.
“Account” refers to the trading account created by the Client to access our Services.
“Broker” refers to Orderglo as a financial services provider.
2. Acceptance of Terms
By creating an Account and using our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms.
3. Eligibility
You must be at least 18 years old and legally capable of entering into binding contracts to use our Services. By using our Services, you represent that you meet these eligibility requirements.
4. Account Registration
To access certain features of our Services, you must create an Account. You agree to provide accurate, current, and complete information during the registration process.
You are responsible for maintaining the confidentiality of your Account credentials and for all activities that occur under your Account.
5. Trading Risks
Trading in forex and other financial instruments involves significant risk. You acknowledge that you understand the risks involved in trading and are solely responsible for your trading decisions.
Orderglo shall not be liable for any losses incurred as a result of your trading activities.
6. Leverage and Margin Requirements
Trading on margin can amplify both gains and losses. You agree to maintain sufficient margin levels as required by Orderglo.
Orderglo reserves the right to liquidate any positions if your Account falls below the required margin level.
7. Fees and Commissions
You agree to pay all applicable fees associated with your trading activities as outlined in our fee schedule.
Orderglo reserves the right to modify its fee structure at any time, with prior notice provided to Clients.
8. Withdrawal Policy
Withdrawals from your Account are subject to verification procedures. You agree to provide any necessary documentation requested by Orderglo for processing withdrawals.
Withdrawal requests may take up to [insert number] business days to process.
9. Intellectual Property
All content on the Orderglo website, including text, graphics, logos, and software, is the property of Orderglo or its licensors and is protected by intellectual property laws. You may not reproduce, distribute, or create derivative works without prior written consent from Orderglo.
10. Limitation of Liability
To the fullest extent permitted by law, Orderglo shall not be liable for any indirect, incidental, or consequential damages arising out of or in connection with your use of our Services.
11. Indemnification
You agree to indemnify and hold harmless Orderglo, its affiliates, officers, directors, employees, and agents from any claims or demands arising out of your use of the Services or violation of these Terms.
12. Governing Law
These Terms shall be governed by and construed in accordance with the laws of England and Wales. Any disputes arising under these Terms shall be subject to the exclusive jurisdiction of the courts located in England and Wales
13. Amendments
Orderglo reserves the right to modify these Terms at any time. Any changes will be effective immediately upon posting on our website. Your continued use of the Services after such changes constitutes your acceptance of the new Terms.
14. Termination
Orderglo may terminate or suspend your Account at its discretion without prior notice if you violate these Terms or engage in fraudulent activity.
15. Contact Information
For questions regarding these Terms or any other inquiries, please contact us at:
Address: 50 Bank Street, Canary Wharf, London, United Kingdom
This template serves as a foundational document for Orderglo’s terms and conditions but should be reviewed by legal professionals to ensure compliance with applicable laws and regulations specific to their operations.