Client Agreement

Client Agreement

This Client Agreement (“Agreement”) is entered into between [VIPTRADE], a forex brokerage firm (“Broker”), and the individual or entity (“Client”) who wishes to open and maintain an account with Broker to engage in forex trading activities. By completing the account registration process and using the Broker’s services, Client agrees to be bound by the terms and conditions of this Agreement.

1. Account Opening
1.1. Eligibility: Client represents and warrants that they are of legal age and capacity to enter into this Agreement and have the authority to bind any entity on whose behalf they are acting.
1.2. Account Information: Client agrees to provide accurate, current, and complete information during the account registration process and to promptly update any changes to their account information.

2. Trading Services
2.1. Forex Trading: Broker provides online forex trading services through its trading platform, allowing Client to buy and sell currencies and other financial instruments.
2.2. Orders and Transactions: Client acknowledges and agrees to the terms and conditions governing order placement, execution, and settlement as specified by Broker.

3. Client Obligations
3.1. Compliance: Client agrees to comply with all applicable laws, regulations, and industry standards governing forex trading activities, including but not limited to anti-money laundering (AML) and know your customer (KYC) requirements.
3.2. Risk Acknowledgment: Client acknowledges that forex trading involves significant risks and that they are solely responsible for managing their trading activities and risk exposure.

4. Fees and Charges
4.1. Commission and Spreads: Client agrees to pay Broker applicable commissions, spreads, and other fees associated with their trading activities as specified in Broker’s fee schedule.
4.2. Withdrawals: Client may request withdrawals from their trading account subject to Broker’s withdrawal policies and procedures.

5. Confidentiality
5.1. Client Information: Broker agrees to keep Client’s personal and financial information confidential and to use such information only for the purpose of providing the services outlined in this Agreement.

6. Limitation of Liability
6.1. Disclaimer of Warranties: Broker makes no representations or warranties, express or implied, regarding the accuracy, reliability, or completeness of any information or services provided.
6.2. Limitation of Liability: In no event shall Broker be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or in connection with the services provided under this Agreement.

7. Termination
7.1. Either party may terminate this Agreement at any time by providing written notice to the other party. Upon termination, Client shall settle any outstanding obligations and return any property or funds held by Broker.

8. Governing Law and Dispute Resolution
8.1. This Agreement shall be governed by and construed in accordance with the laws of [insert jurisdiction]. Any disputes arising out of or relating to this Agreement shall be resolved through arbitration administered by [insert arbitration provider] in accordance with its rules and procedures.

9. Entire Agreement
9.1. This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, and negotiations, whether written or oral.

10. Amendments
10.1. Broker reserves the right to modify, update, or amend this Agreement at any time by posting the revised Agreement on its website or providing notice to Client by other means.
By accepting this Agreement, Client acknowledges that they have read, understood, and agreed to be bound by its terms and conditions.