This Policy is to inform that our swaps free privileges are given to individual Islamic client upon request as part of Fullerton Markets’ Shariah compliant program. Eligible Islamic retail traders who have opened a VAR and/or RAW trading account will have to submit a request from Fullerton Suite and it is subjected to Fullerton Markets’ approval. This privilege is not offered to Multi-Account Manager (MAM) and Investor accounts.
1. Trading history will be monitored to ensure correct use of the Swap-free trading conditions.
2. If the Company suspects or has reason to believe that a client has abused or attempted to abuse the terms of this promotion or any other promotions of the Company, or has acted in bad faith, the Company reserves the right, at its sole discretion, to deny, withhold, withdraw or terminate the offer and, if necessary:
i. to withhold, cancel and charge any costs it deems, from that client’s account(s),
ii. 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,
iii. 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:
a. 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 promotion, without exposure to economic risk, including without limitation loss of the offer or the client’s capital (or the capital of others).
b. 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).
3. Fullerton Markets reserve the right, at its sole discretion, to alter, amend or terminate the offer, or any aspect of it, at any time and without prior notice.
