This Agreement sets forth the terms and conditions governing your account (“Account”) at EZTrader (“EZTrader”) and all contracts and other transactions in this Account with EZTrader. In this Agreement, the undersigned customer is referred to as “Customer” or “You.”
Please read these terms and conditions carefully. By accessing this site, you agree to be bound by the terms and conditions below (and in particular but without limitation to the exclusion of warranties and liabilities, below). If you do not agree to the terms and conditions below, do not access this site, or any part of it. The legally Binding Text is written in English Language. Where there are discrepancies between other translations and the English Text the latter always prevails.
WGM Services Ltd. (aka EZTrader Ltd.) (“EZTrader“). All rights reserved. WGM Services Ltd. operates under the trade name EZTrader, WGM Services Ltd is an investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission with Licence Number 203/2013. All rights reserved.
Copyright in the pages and in the screens displaying the pages, and in the information and material therein and in their arrangement, is owned by Win Global Markets Inc. operating EZTrader.com brand through its fully owned subsidiary WGM Services Ltd, unless otherwise indicated.
Trademarks and other Intellectual Property Rights
EZTrader and the EZTrader logotype are trademarks and service marks of EZTrader and are used and/or registered throughout the world. EZTrader and its affiliates also claim rights in certain other trademarks and service marks contained in these web pages. You acknowledge that all intellectual property rights in this site (including but not limited to all patents, copyrights, design rights, trademarks, service marks, trade secrets, know-how, database rights and other rights in the nature of intellectual property rights (whether registered or unregistered) and all applications for the same anywhere in the world) belong to EZTrader and its affiliates and you shall have no rights in or to the site other than the right to use it in accordance with the terms of this license.
Use of Information and Materials
You must only use this site in accordance with all applicable laws. You must not load or transmit through the site any computer virus or anything designed to interrupt or disrupt the proper operation of the site. You may only copy or download any part of the site where we have expressly stated that you may do so and then only for your private use or any other use we have expressly permitted (and in accordance with this license and, if you have an account with us, in accordance with our terms and conditions relating to that account). Subject to that you shall not copy or reproduce the site in whole or in part or otherwise make the same available to any person. The information and materials contained in these pages, and the terms, conditions, and descriptions that appear, are subject to change. Unauthorized use of EZTrader web sites and systems including but not limited to unauthorized entry into EZTrader systems, misuse of passwords, or misuse of any information posted on a site is strictly prohibited. Not all products and services are available in all geographic areas. Your eligibility for particular products and services is subject to final determination by EZTrader and/or its affiliates. INFORMATION CONTAINED HEREIN has no regard to the specific trading objective, financial situation or particular needs of any specific recipient. The content herein is published solely for informational purposes and is not to be construed as a solicitation or an offer (a) to buy or sell any options, derivative products, or other securities or related financial instruments nor (b) to enter into any trade. The content is based on information obtained from sources believed to be reliable but is not guaranteed as being accurate, nor is it a complete statement or summary of the markets or developments referred to in the content. This information should not be regarded by recipients as a substitute for the exercise of their own judgment nor as a substitute for obtaining legal, financial or tax advice. Any opinions expressed in this content and all the information in this site are subject to change without notice and EZTrader is not under any obligation to update or keep current the information contained herein. Options, derivative products and related financial instruments are not suitable for all traders, and trading in these instruments is considered risky. Past performance is not necessarily indicative of future results. EZTrader accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this content. No part of this content may be reproduced or distributed in any manner without the written permission of EZTrader. EZTrader accepts no liability whatsoever for the actions of third parties in this respect.
We do not warrant that the site will always be accessible and useable, nor that use will be uninterrupted or error free. We shall not be liable to you if the site is inaccessible or unusable in whole or in part, for any reason. Without prejudice to the generality of the foregoing, we will not be liable to you if the site is inaccessible or unavailable in whole or in part for any reason beyond our reasonable control or because we are carrying out maintenance, upgrades, developments or the like.
Terms & Conditions
The information and materials contained in this site, including text, graphics, links or other items are provided “As Is”, “As Available”. EZTrader does not warrant the accuracy, adequacy or completeness of this information and materials and expressly disclaims liability for errors or omissions in this information and materials. No warranties of any kind, implied, expressed or statutory including but not limited to the warranties of non-infringement of third party rights, title, merchantability, satisfactory quality, fitness for a particular purpose and freedom from computer virus are given in conjunction with the information and materials and all such warranties are expressly excluded to the fullest extent permitted by the law.
Limitation of Liability
In no event will EZTrader be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with this site or any linked site or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if EZTrader, or representatives thereof, are advised of the possibility of such damages, losses, or expenses (or should have been or were aware of the possibility of the same arising).
This site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Any user must make sure that the applicable law governing such user allows the use by him of this web site.
Certain sections or pages on this site may contain separate terms and conditions, which are in addition to these terms and conditions. In the event of a conflict, the additional terms and conditions will govern for those sections or pages.
Terms capitalized in this Agreement are defined in the Glossary as found on EZTrader.com website, http://www.eztrader.com/en/info/glossary
Subject to the terms and conditions of this Agreement and acceptance of Customer’s application to open an Account with EZTrader.com, EZTrader.com will maintain one or more Accounts in Customer’s name and will effect cash settled transactions with and for Customer and provide such other services and products as EZTrader.com may, in its sole discretion, determine from time to time in the future. Unless expressly stated otherwise in writing, all Contracts and other transactions entered into between EZTrader.com and Customer shall be governed by the terms of this Customer Agreement, as amended from time to time (including, without limitation, EZTrader.com’s Terms and Conditions of Use). The activities on EZTrader.com and publications thereon do not constitute advice in any manner, including without limitation, as to taxation, investments or law, nor do they take into account any Customer’s specific needs, and you should not rely on these in effecting any transactions (on EZTrader.com or otherwise).
Part of the Registration Data you provide allows us to assess whether the Service or Financial Instrument is appropriate for you, in accordance with CySEC Rules. We are entitled to rely on the information you provide to us unless we are aware that such information is manifestly out of date, inaccurate or incomplete. We have no responsibility for the information which you provide to us and we may assess your appropriateness on the basis of the information you give to us. We will assess your knowledge and experience on the basis of the information received from you to enable a decision to be made on appropriateness. If we determine that the Service or Financial Instrument is not suitable for your level of experience and/or knowledge we will notify you. You will only be able to trade by acknowledging that even though binary trading carries a high level of risk and was deemed not suitable for you by the Company you opted to continue at your own risk. If you elect not to provide the information required to allow us to assess appropriateness, or if you provide insufficient information regarding your knowledge or experience, we may be unable to determine whether the Service or Financial Instrument is appropriate for you. You will only be able to trade by acknowledging that even though binary trading carries a high level of risk and the Company was unable to determine whether Binary are suitable for you , you opted to continue at your own risk. If you ask us to complete your registration or any Transaction, despite being provided with a notification and opted to continue at your own risk, we reserve the right to refuse to complete your registration. In making such a decision we will have regard to the circumstances.
Deposits, Charge-backs, Debts and Collections
EZTrader will always do its best to accept a users deposit. In the case of a declined deposit attempt due to a security block, EZTrader will attempt to complete the transaction by contacting the card issuer to perform the required verification. EZTrader does not always process credit card transactions at time of deposits. At the discretion of EZTrader accounts may be charged for the amount deposited at a later time. EZTrader will always attempt to debit the card requested for the amount due, however, in the case the credit card will be declined for the balance due in the traders’ account, EZTrader will attempt other cards the trader has used in his EZTrader account in order to charge the balance required. EZTrader may offer at it sole discretion delayed deposit arrangements to traders where the deposit amount is deposited to the traders trading account with EZTrader and an agreed upon date to charge the traders credit card is given. This is a binding contract. In the event the payment is not made in the agreed upon date, EZTrader will add to the balance any bonuses added to the account as part of the due balance. EZTrader will forward accounts not paid due to delinquency, charge backs, fraud attempts and otherwise accounts with a un-paid balance to a collection agency. The trader is responsible for all fees charged by the collection agency.
The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions chosen by the Company such as a credit institution, or a bank or a qualifying money market fund. It is understood that the Company may keep merchant accounts in its name with payment services providers used to settle payment transactions of its Clients. However, it is noted that such merchant accounts are not used for safekeeping of client money but only to effect settlements of payment transactions. A list of these payment services providers is found on our website. The Company by virtue of regulatory obligations is a member of the Investor Compensation Fund and that in the event of Company defaulting the fund will reimburse each retail client for an amount up to 20k each. The Company is obliged to keep client Funds deposited in segregated accounts in either a central bank or a credit institution or a bank authorized in a third country or a qualifying money market fund that its rating is being monitored at regular intervals.
EZTrader.com allows you to perform various transactions, including in respect of digital options based on various indices that shall be defined by EZTrader.com from time to time (for example, index rates and stock and option rates), and to receive financial information and various other services as EZTrader.com shall determine in its sole discretion. Prior to effecting any transaction, we advise you to read the explanations that may be found on the website regarding each type of transaction. The rules of trade are set exclusively by EZTrader.com. Customer authorizes EZTrader.com to assume trading positions for Customer’s Account in accordance with Customer’s instructions received through the EZTrader.com Online Trading System to the EZTrader.com Trading Desk, subject to the terms of this Agreement, including the Annexes hereto and the Customer Account Application, including any applicable addenda thereto. Customer agrees to be conclusively responsible for any instruction received electronically that is identified with Customer’s password and Account number and for any electronic, oral and or written instruction (including, but limited to, any Order) to EZTrader.com from persons EZTrader.com, in its sole judgment, believes are apparently authorized by Customer. Pricing Information. EZTrader.com will make available, by posting on EZTrader.com, the current price applicable to a share or index, and offer you the opportunity to submit a put or call position in respect of such share. Each position shall be for a specified expiry time. EZTrader.com expects that the current prices will be reasonably related to the actual prices of such shares available in the market. EZTrader.com makes no warranty, express or implied, that the quoted prices represent prevailing quoted prices. Order Execution. EZTrader.com will attempt to execute all put and call instructions that it may, in its sole discretion, accept from Customer in accordance with Customer’s instructions received through the EZTrader.com. Customer acknowledges, understands and agrees that EZTrader.com is not acting as a broker, intermediary, agent, and advisor or in any fiduciary capacity. Transmission. EZTrader.com shall have no responsibility for delays in the transmission of orders due to disruption, failure or malfunction of communications facilities and shall not be liable for any claims, losses, damages, costs or expenses, including attorneys’ fees, to any person or entity arising other than as a direct result of EZTrader.com’s recklessness. Position and Trading Limits. EZTrader.com reserves the right to limit the number of put and call positions and Open Positions that Customer may enter or maintain in Customer’s Account. EZTrader.com reserves the right to limit the total amounts to be traded by any Customer in general or specifically. EZTrader.com reserves the right, in its sole discretion, to refuse to accept any Order opening a new position or increasing an Open Position. Final expiry price quotes for all assets in regards to all the provided timeframes are exchange prices (mid-price between bid and ask) of the underlying assets derived from independent third parties that are unrelated to the company. We use the last quote received before the expiry time. Further information on all Assets offered, timeframes, size and expiry quotes can be found in sectionAssets. All Expired prices of all Assets traded in our platform are published and available as soon as expiry and settlement takes place at Past Expiries.
You agree not to attempt to abuse the Trading Platforms in an attempt to make illegal profits or to attempt to profit by taking advantage of the server latency, or applying practices such as price manipulation, lag trading, time manipulation. If the Company reasonably suspects that the Client performed abusive trading such as, but not limited to, pip-hunting, scalping, arbitrage, manipulations or a combination of faster/slower feeds, it may, at its absolute discretion, at any time and without prior Written Notice, take one or more of the following actions: (a) Terminate this Agreement immediately without prior notice to the Client; (b) Cancel any Open Positions; (c) Temporarily or permanently bar access to the Trading Platform or suspend or prohibit any functions of the Trading Platform; (d) Reject or Decline or refuse to transmit or execute any Order of the Client; (e) Restrict the Client’s trading activity; (f) In the case of fraud, reverse the funds back to real owner or according to the instructions of the law enforcement authorities of the relevant country; (g) Cancel or reverse of profits gained through abusive trading or the application of artificial intelligence in the Client Account; (h) Take legal action for any losses suffered by the company.
Charges. Trading Fees and Commissions
At this time EZTrader.com charges no brokerage fees or commissions, however EZTrader.com reserves the right to change its fee structure at any time provided advance notice. Fees do not currently, but may in the future include such things as statement charges, order cancellation charges, account transfer charges, or fees imposed by any market or other regulatory or self-regulatory organization arising out of EZTrader.com’s provision of services. Inactive and Dormant Client Accounts You acknowledge and confirm that any trading account held with the Company in which you have not placed a trade and/or made a deposit for (7) seven months or more, shall be classified by the Company as an Inactive Account. You further acknowledge and confirm that the company reserves the right to charge a monthly account maintenance fee. The exact fee schedule will be calculated according to the currency denomination of the Trading Account and is set out as follows: 50 EUR, or any other currency equal to 50 EUR (depending in the currency of the Client Account), or as changed by the Company and notified to the Client. You further agree that any Inactive Accounts, having zero balance/equity, shall be considered as Dormant Accounts. For the reactivation of an Inactive and/or Dormant Account you must contact the Company. The Inactive and/or Dormant Account will then be reactivated subject to, if required, up-to-date client identification documentation to be provided to the Company.” Withdrawal fees
- There are no withdrawal fees except for the below circumstances which have handling and defrayal cost attached. Withdrawal request for account balance of less than 100 EUR/GBP/USD (or equivalent in other currencies), a handling fee of 50 EUR/GBP/USD (or equivalent in other currencies) will apply.
- Withdrawal request for accounts on which less than 3 transactions were executed, a defrayal fee of 50 EUR/GBP/USD (or equivalent in other currencies) will be charged.
Cessation of Trading. Trading on EZTrader.com on any part thereof may be ceased without notice at any time. Customer shall not have any claim or right to indemnification due to losses incurred as a result of such cessation, whether in respect of open positions or transactions that Customer intended to execute.
- Withdrawal orders: The provision of documentation or any other type of Client authentication as may be required from time to time by Anti Money Laundering (AML) regulations, Credit Card companies and EZTrader is a prerequisite, prior to the execution of a withdrawal order.
- Credit card deposits may be, according to credit card companies’ regulations, returned to same credit card when a withdrawal is performed. A withdrawal to a bank account where initial deposits have been performed by credit cards will be executed back to credit card or to bank account at company’s discretion. Withdrawals to bank account or to credit card accounts may take a longer time period, due to additional security procedures and documentation from the Client.A Client wishing to withdraw from their account with the Company shall be required to submit their full Know Your Client (“KYC”) documents and to complete the KYC requirements as detailed herein and in accordance with the Company’s deposit and withdrawal policy. For the avoidance of any doubt, the Company shall not allow any withdrawal of funds by any Client without the completion of such requirements.
Bonuses Terms & Conditions
The Bonus Policy (“Bonus T&C”) must be read in accordance with the Company’s Terms & Conditions. By accepting the Bonus you are agreeing the guidelines and provisions of the Bonus Policy (“Bonus T&C”)
Representations and Warranties
In order to effect transactions on EZTrader.com Customer is required to deposit funds in Customer’s Account in an amount as required by EZTrader.com in its sole discretion, and in accordance with the transactions being made, by means of Customer’s credit card or any other manner that EZTrader.com shall allow. Proceeds to Customer shall be added to Customer’s Account balance, and losses shall be deducted from such Account balance. Amounts in Accounts shall not bear any interest whatsoever, and shall be available for withdrawal by Customer in accordance with these terms, subject to any indebtedness to EZTrader.com in accordance herewith. In order to secure any indebtedness or other obligations at any time owing from Customer to EZTrader.com, including, without limitation, (i) indebtedness or other obligations under any Account, or transaction with EZTrader.com; or (ii) any indebtedness or other obligations resulting from any guarantee by Customer of any Account or transaction with EZTrader.com, Customer hereby assigns, pledges and grants to EZTrader.com a first degree security interest in and right of setoff against: (a) all of Customer’s Accounts with EZTrader.com; (b) all cash, securities and other property in Customer’s Account at EZTrader.com or delivered or otherwise provided by Customer to secure its indebtedness or other obligations to EZTrader.com or in EZTrader.com’s possession or control for any purpose (including safekeeping); and (c) all products and proceeds of the foregoing (collectively, (a), (b) and (c) are referred to as “Collateral”). At any time, in EZTrader.com’s sole discretion and without prior demand or notice, EZTrader.com may apply any or all cash (or sell or buy in any such securities or other property and apply the proceeds there from) to any such indebtedness or other obligations, notwithstanding that such indebtedness or other obligations arise in an Account other than the Account in which the cash, Contracts, securities or other property were held or generated. EZTrader.com shall have the right to sell, pledge, rehypothecate, assign, trade, commingle and otherwise use any Collateral it holds free from any claim or right of any nature whatsoever of the Customer, including any equity or right of redemption by the Customer and to register any Collateral in the name of EZTrader.com, its custodian or a nominee. Any failure by EZTrader.com to enforce its rights hereunder shall not be deemed a future waiver of such rights by EZTrader.com. EZTrader.com is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that EZTrader.com deems necessary or desirable to evidence or to protect EZTrader.com’s interest with respect to any Collateral. In the event that the Collateral deemed acceptable to EZTrader.com (“Eligible Collateral”) is at any time insufficient to satisfy Customer’s indebtedness or other obligations to EZTrader.com, including obligations to provide margin in accordance with Paragraph 6 hereof, Customer shall promptly pay upon demand the entire amount of such deficit.
Liquidation of Accounts and Deficit Balances
In the event of: (a) (i) the death or judicial declaration of incompetence of Customer, if Customer is a natural person; (ii) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any bankruptcy, insolvency or similar proceeding by or against Customer; (iii) the filing of an attachment against any of Customer’s Accounts carried by EZTrader.com; (iv) failure to pay when due any amount due under this Agreement or any Contract or other transaction hereunder or to deliver to EZTrader.com when due any margin or Collateral required or requested by EZTrader.com in connection with this Agreement or any Contract or other transaction hereunder; (v) Customer’s failure to promptly provide EZTrader.com any information requested pursuant to this Agreement; (vi) any representation made by Customer in this Agreement (including the Annexes) is or at any time becomes, untrue or incorrect; and (vii) any breach by Customer of any other provision of this Agreement, including the Annexes (“Event of Default”); (b) insufficient margin, or EZTrader.com’s determination that any Collateral deposited to protect Customer’s Account is inadequate, regardless of current market quotations, to secure Customer’s Account; or (c) any other circumstances or developments that EZTrader.com, in its sole discretion, deems appropriate for its protection, EZTrader.com may, in its sole discretion, take one or more, or any portion, of the following actions: (1) satisfy any obligation Customer may have to EZTrader.com (either directly or by way of guarantee or suretyship) out of any of Customer’s funds or property in the custody or control of EZTrader.com; (2) sell or purchase any or all Contracts and any securities or other property held or carried for Customer; and (3) cancel any or all outstanding positions or other transactions or commitments made by or on behalf of Customer. Any of the above actions may be taken without demand for margin or additional margin, without prior notice of sale or purchase or other notice to Customer, Customer’s legal representatives, heirs, executor, administrator, trustee, legatee, successors or assigns and regardless of whether the ownership interest is held individually or jointly with others. Any prior demand or notice of sale or purchase shall not be considered a waiver of EZTrader.com’s right to sell or buy at any time in the future without demand or notice as provided above. In the event the proceeds realized pursuant to liquidation are insufficient for the payment of all liabilities of Customer due to EZTrader.com, Customer shall promptly pay upon demand the entire amount of any such deficit, together with all other deficits and all unpaid liabilities of Customer, including, but not limited to, all costs of enforcement and collection, such as, but not limited to, attorneys’ fees, witness fees and travel expenses, interest on any such deficit and liabilities at a rate equal to three (3) percentage points above the then prevailing prime rate at EZTrader.com’s principal bank or the maximum interest rate allowed by law, whichever is lower. In the event EZTrader.com incurs expenses other than for the collection of deficits, with respect to Customer’s Account, Customer agrees to pay such expenses.
Positions executed online will be confirmed online at the time of the position being made. Customer agrees to immediately call to EZTrader.com’s attention any information that Customer has reason to believe is inconsistent with Customer’s own information. Customer understands, acknowledges and agrees that errors, whether resulting in a profit or loss to Customer, shall be corrected only to the extent of the value of Customer’s trades in the position, and Customer’s Account will be credited in such manner and extent as to place Customer’s Account in the same position in which it would have been immediately prior to the error having occurred.
Language of communications are English, Italian, French, German, Spanish, Portuguese and Dutch. Clients can use the Contact us to communicate with the company. TheContact us link includes the phone numbers for each appropriate language, the headquarters address and phone number as well as a special section to submit directly emails. Customer can also notify EZTrader.com immediately by e-mail to support@EZTrader.com
EZTrader.com is required to establish, implement and maintain effective and transparent procedures for the reasonable and prompt handling of complaints or grievances received from retail clients or potential retail clients, and to keep a record of each complaint or grievance and the measures taken for the complaint’s resolution. For a complaint to be acknowledged it has to be submitted through the we-space under our Complaints Center. Please provide up to 60 days for each complain to be resolved. Following the 60 days the client maintains the option to forward dispute to either Financial Ombudsman of the Republic of Cyprus or the Cyprus Securities and Exchange Commission (the “CYSEC”). Finally, the Company shall inform the Client of his right to initiate legal proceedings in relevant courts remains unaffected by the procedures described above.
EZTrader.com shall not be liable to Customer for any claims, losses, damages, costs or expenses, including attorneys’ fees, caused, directly or indirectly, by any events, actions or omissions, including, without limitation, claims, losses, damages, costs or expenses, including attorneys’ fees, resulting from civil unrest, war, insurrection, international intervention, governmental action (including, without limitation, exchange controls, forfeitures, nationalizations, devaluations), natural disasters, acts of God, market conditions, inability to communicate with any relevant person or any delay, disruption, failure or malfunction of any transmission or communication system or computer facility, whether belonging to EZTrader.com, Customer, any market, or any settlement or clearing system.
Intellectual Property and Confidentiality
All copyright, trademark, trade secret and other intellectual property rights in the EZTrader.com Online Trading System shall remain at all times the sole and exclusive property of EZTrader.com and/or its 3rd party service providers and Customers shall have no right or interest in such Trading Systems except for the right to access and use the Trading Systems as specified herein. Customer acknowledges that the Trading Systems are confidential and have been developed through the expenditure of substantial skill, time, effort and money. The Customer will protect the confidentiality of EZTrader.com and/or its 3rd party service providers by allowing access to the Trading Systems only by its employees and agents on a need to access basis. Customer will not publish, distribute, or otherwise make information available to third parties any information derived from or relating to the Trading Systems. Customer will not copy, modify, de-compile, reverse engineer, and make derivative works of the Trading Systems or in the manner in which it operates.
Customer agrees to indemnify and hold EZTrader.com, its affiliates, employees, agents, successors and assigns harmless from and against any and all liabilities, claims, losses, damages, costs and expenses, including attorneys’ fees, incurred by EZTrader.com arising out of: (i) Customer’s failure to fully and timely perform its obligations hereunder; and (ii) any of Customer’s representations and warranties made that may at any time be untrue or incorrect and (iii) any act or omission of Customer. Customer also agrees to pay promptly to EZTrader.com any and all claims, losses, damages, costs and expenses, including attorneys’ fees, incurred by EZTrader.com in the enforcement of any of the provisions of this Agreement, any transactions hereunder, and any other agreements between EZTrader.com and Customer and the collection of any amounts due hereunder and there under.
Limitation of Liability
IN NO EVENT SHALL EZTrader.com BE LIABLE FOR INCIDENTAL, INDIRECT, SPECIAL, OR CONSEQUENTIAL DAMAGES, OR FOR LOST PROFITS, SAVINGS, OR REVENUES OF ANY KIND, REGARDLESS OF WHETHER EZTrader.com HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. EZTrader.com’s AGGREGATE LIABILITY FOR ALL DAMAGES ARISING UNDER THIS AGREEMENT SHALL IN NO EVENT EXCEED 100% OF THE AMOUNT ALLOCATED BY CUSTOMER FROM THE ACCOUNT TO THE TRANSACTIONS THAT GIVES RISE TO THE CLAIM WHICH FORMS THE BASIS FOR SUCH DAMAGES.
Disclosure of Customer Information
EZTrader.com will not share or sell information regarding its customers and/or prospective customers, except to its employees, agents, partners, and associates as required in the ordinary course of EZTrader.com’s business conducted on behalf of customers, including, but not limited to, EZTrader.com’s banking or credit relationships. EZTrader.com may also disclose to federal or state regulatory agencies and law enforcement authorities’ information regarding Customer and Customer’s transactions in response to a request for such information or in response to a court order or subpoena.
Customer understands, acknowledges and agrees that EZTrader.com may amend or change this Agreement at any time. EZTrader.com will provide notice to Customer of any such amendment or change by posting the amendment or change to the Website or by sending an e-mail message to Customer. Customer agrees to be bound by the terms of such amendment or change. No waiver or amendment of this Agreement may be implied from any course of dealing between the parties or from any failure by EZTrader.com or its agents to assert its rights under this Agreement on any occasion or series of occasions. No oral agreements or instructions to the contrary shall be recognized or enforceable.
This Agreement shall continue and be in effect until termination by Customer or EZTrader.com. Customer may terminate this Agreement if: (i) Customer has no open positions and no liabilities held by or owed to EZTrader.com; and (ii) Customer has provided three (3) days’ written notice to EZTrader.com by e-mail to support@EZTrader.com and (iii) EZTrader.com has accepted the notice as provided in Section 10 hereof. EZTrader.com may, in its sole discretion, terminate this Agreement at any time, effective as of the close of business on the day notice is sent to Customer. Termination by either party shall not affect any Contracts or other transactions previously entered into and shall not relieve either party of any obligations set out in this Agreement, nor shall it relieve Customer of any obligations arising out of any deficit balance.
This Agreement together with the Customer Account Application embodies the entire agreement between EZTrader.com and the Customer, superseding any and all prior written and oral agreements.
Customer acknowledges and agrees that any and all conversations between Customer and EZTrader.com principals, agents, employees or associates, including the EZTrader.com customer service and operations desks may, at the option and in the sole discretion of EZTrader.com, be recorded electronically with or without the use of an automatic tone warning device. Customer further agrees to the use of such recordings and transcripts thereof as evidence by either party in connection with any dispute or preceding that may arise involving Customer or EZTrader.com.
This Agreement shall be continuous and shall cover, individually and collectively, all Accounts of Customer at any time opened or reopened with EZTrader.com, irrespective of any change or changes at any time in the personnel of EZTrader.com or its successors, assigns, or affiliates. This Agreement, including all authorizations, shall inure to the benefit of EZTrader.com and its successors and assigns, whether by merger, consolidation, or otherwise and shall be binding upon Customer and/or the personal representatives, heirs, executor, administrator, trustee, legatees, legal representative, successors and assigns of Customer.
If any clause of this Agreement is determined void or invalid by a court of competent jurisdiction, the remainder of the Agreement shall remain in full force and effect.
This Agreement shall not be deemed to be accepted by EZTrader.com or become a binding contract between Customer and EZTrader.com until the signed Customer Account application has been received and approved by EZTrader.com. In the event that there are any unauthorized alterations or deletions to this Agreement or related documents such alteration and deletions shall not be binding on EZTrader.com and said original forms shall govern Account.
Consent to Electronic Transmission of Account Statements
Customer hereby consents to receive account statements (monthly and daily statements) online. EZTrader.com will provide Customer with password-protected access to online reports. Customer will be able to generate daily, monthly and annual account statements detailing transaction activity, profit and loss statements, open positions, margin balances, account credits and debits, etc. Hard copies of monthly customer statements are available upon request only and may incur an additional charge. Statements are deemed received when made available to Customer by EZTrader.com, regardless of whether Customer actually accessed the statement. Customer is responsible for alerting EZTrader.com to any change in their e-mail address. This consent shall be effective until revoked by Customer in writing and received by EZTrader.com according to paragraph 10 of this Customer Agreement.
This Risk Warning Notice cannot and does not disclose all the risks and other significant aspects of option and derivative trading. You should not engage in option and/or derivative trading unless you understand the nature of such trading, how these instruments work, how you make a profit or a loss and the extent of your exposure to risk and loss. If you are in any doubt, please, seek professional advice. Before deciding to participate in option and derivative trading, you should carefully consider your trading objectives, level of experience and risk appetite. Most importantly, do not place a trade with money you cannot afford to lose. There is considerable exposure to risk in any transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of an option or derivative. Moreover, the leveraged nature of option and derivative trading means that any market movement might have an extreme and sometimes not-proportional effect on your deposited funds. This may work against you as well as for you. There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. EZTrader is not responsible for communication failures or delays when trading via the Internet. EZTrader employs back up systems and contingency plans to minimize the possibility of system failure. Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute trading advice. EZTrader is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. EZTrader has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.