1.INTRODUCTION
FLSmidth (hereinafter “the Company” or “We” or “Us”) is Company certified on the 18 August 2020, Certificate Registration No.: 12 100 59796 TMS. in Germany under the TÜV SÜD Management Service GmbH. Registered address at Drengsrudhagen 2 Asker, 1385, Norway.
2. ACKNOWLEDGEMENT
2.1. This Agreement is entered by and between FLSmidth on the one part and the Client (which may be a legal entity or a natural person) who has completed the Account Opening Procedure and has been accepted by the Company as a Client (hereafter the “Client” or “you”) on the other part, collectively referred to as “the Parties”.
The main business of the Company is the provision of investment services via an online trading platform for trading in Contracts for Difference (the "Trading Platform"). When we refer to "you" and "your" we mean a registered user of the Trading Platform or a visitor to the Website. The Client acknowledges that he/she read, understood and accepted the General Terms & Conditions without modifications, as amended from time to time, which forms part of the Client Agreement(s).
2.2. By accepting the General Terms & Conditions, which forms part of the Client Agreement(s), the Client enters into a binding legal agreement with the Company.
2.3 The Services are available to and may only be used by individuals or companies who can form legally binding contracts under the law applicable to their country of residence.
Without limiting the foregoing, our Services and/or the use of the Company’s electronic system(s) and/or Trading Platform are not available to any person who:
Without derogating from the above, the Company reserves the right, acting reasonably, to suspend and/or refuse access to and use of the Company’s service(s) and/or electronic system(s) and/or Trading Platform to anyone in our sole and absolute discretion.
2.3.1 Shall any of the cases described in 2.3 a or 2.3.b apply, the Company will refund the full deposited amount back to the source, whereby the amount will not be affected by any losses or profits resulting from the trading will be fore fit.
2.4. After the Client completes the online Account Opening Procedure and submits all the required identification documentation, the Company will send him/her a notice informing him/her whether (s)he has been accepted as a Client of the Company.
It is understood that the Company is not to be required (and may be unable under Applicable Regulations) to accept the Client as its customer, and hence open an account for him/her or accept any funds from the Client, until all documentation it requires has been received by the Company, properly and fully completed by the Client and all internal Company checks (including without limitation anti-money laundering, terrorist financing, and fraud checks) have been duly satisfied.
2.5. It is further understood that the Company reserves the right to impose additional due diligence requirements to accept Clients residing in certain countries. The Agreement will take effect and commence upon the receipt by the Client of the notice sent by the Company informing the Client that (s)he has been accepted as the Company’s Client.
2.6. Physical signature of this Agreement is not required.
2.7. Payment transactions are managed by Pavel Trade a UK registered company with registration number 12205616 licensed by the Company House.
2.8. The Client acknowledges that the Company’s official language is the English Language.
2.9. We reserve the right to amend the Client Agreement from time to time, especially when required by legislative or regulatory requirements or a change in our internal policy. You will be notified of the amendment to the Client Agreement either through an informative email or by an electronic notification message on the Trading Platform.
Following such a notification, you are free to accept the amendment in the Client Agreement and continue using the Trading Platform and our Services or reject the amendment and discontinue using our Trading Platform. Where you reject the amendment, we will terminate the Client Agreement in accordance with Section 26.
Your continued use of the Trading Platform will constitute acceptance of the amendment. Any amendment to the Client Agreement shall apply to all of your Positions and Orders from the time specified in our informative email and/or electronic notification message. Any amendments shall enter into force one (1) month after publishing the updated Terms and Conditionson our website.
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