2. TERMS & CONDITIONS
2.1 By registering, opening a live account, and or accepting the terms and conditions within the applicable landing pages and/or client member’s area, the client is acknowledging that they have read, understood and agree to be bound by these terms and conditions.
2.2 Where applicable (e.g. where a stock split/reverse stock split is going to be carried out for the Underlying Instrument), a stock split/reverse stock split adjustment will be made for your Account in respect of any Open Positions held after market trading hours for the relevant Underlying Instrument.
2.3 The Company is entitled to combine and/or aggregate your Orders if we deem it to be in your best interest. However, clients are to be made aware that aggregation and splitting of your Orders might result in a less favourable price with respect to a particular Order.
2.4 Based on the Company’s own discretion, adjustments might be made to your Order’s opening price, close price, volume, commission fees, swap fees, stop loss/take profit, symbol.
2.5 Clients are to carry out their own due diligence on stock splits/reverse stock splits matters to avoid incurring unexpected losses.
2.6 The Company will not be liable for any losses incurred due to stock splits/reverse stock splits. This may include, but are not limited to: closure of any open positions, a floating profit/loss, removal of any Credit Bonus.
2.7 The Client is responsible for any losses incurred due to stock splits/reverse stock splits as the Client made the decision to hold an open trade position over the period where stock split/reverse stock split will be carried out.
2.8 If Client’s account is stopped out due to stock splits/reverse stock splits, it is up to the Company’s own discretion to re-float trades, or to offer compensation, if any.
2.9 If the Company suspects or has reason to believe that a client has abused or attempted to abuse the carrying out of this corporate action, or has acted in bad faith, the Company reserves the right, at its sole discretion, if necessary:
2.9.1 to withhold, cancel and charge any costs it deems, from that client’s account(s),
2.9.2 to terminate that client's access to services provided by the Company and/or terminate the contract between the Company and the client for the provision of services,
2.9.3 to block that client's Account(s) and to arrange for the transfer of any unused balance, less the offer amount, as well as any profits which the Company deems to have been gained via Abusive Behaviour, to the client. Where Abusive Behaviour includes but is not limited to:
2.9.3.1 Where a client, by themselves or acting with others (including an Introducing Broker/ Affiliate/ Money Manager) established a trading position or positions which have the purpose or effect of extracting the profits generated by the stock split/reverse stock split without exposure to economic risk, including without limitation loss of the offer or the client’s capital (or the capital of others).
2.9.3.2 Where the client, by themselves or acting with others (including an Introducing Broker/ Affiliate/ Money Manager) hedges his positions, including without limitation, holding open position(s) on one direction, including by way of illustration only, single or correlated currencies, at given periods, internally (using other trading accounts held with the Company) or externally (using other trading accounts held with other brokers).
