Terms Conditions
1. Introduction
1.1 This Agreement, alongside the Company’s Risk Disclosure Document (“the Agreement”), governs the relationship between the Client and HighTrustCapital regarding the execution of transactions in foreign exchange, equities, indices, and other rate instruments (“Forex Trading”). These services are provided through the Company’s trading platform (“Trading Platform”) and include any other services offered by the Company (“Company Services”).
1.2 Withdrawals and deposits via credit card incur no charges.
2. Trading Account
2.1 The Company will establish a trading account (“Trading Account”) for the Client, subject to registration requirements, including the provision of complete and accurate information and identification documents (e.g., ID, passport, credit card copy showing only the last four digits, and proof of address). The Client authorizes the Company to act based on requests or messages appearing to come from the Client without further verification. Clients are required to notify the Company of any changes to the information provided.
2.2 The Company may act as a mediator or market maker for the Client’s transactions but will not serve as an agent or trustee. The Client is solely responsible for fulfilling obligations under this Agreement.
2.3 The use of the Trading Platform is under a non-transferable, exclusive license. The Client cannot share account access or credentials.
2.4 Only individuals over 18 years of age may use the Company’s services, and they must ensure compliance with all relevant legal requirements.
3. Margin Funds
3.1 Transactions on a Trading Account are permitted only if sufficient funds are available to cover potential losses and fees. These will be deducted automatically. Funds do not accrue interest, aside from rollover or swap interest (as detailed in 8.9).
3.2 When trading CFDs, the Client has no ownership rights or privileges related to the underlying security but may be subject to adjustments for events like stock splits or dividends.
3.3 For bank or credit card deposits, Clients must use their own accounts and provide a SWIFT confirmation. Mismatched information may prevent deposit processing.
3.4 Payment methods like checks require the Client to identify themselves per Company regulations. Cash is not accepted.
3.5 The Company may use the Client’s funds to fulfill trading obligations, subject to refund rights under this Agreement.
3.6 Withdrawals are processed to the original account and currency. Missing bank details may result in cancellation within 5 working days.
3.7 The Client certifies that deposited funds comply with anti-money laundering laws.
3.8 The Company reserves the right to suspend account activity if fraudulent behavior is suspected.
3.9 The Company is not liable for rate differences or delays by financial institutions.
3.10 Withdrawal requests must be submitted through the Company’s website.
3.11 Withdrawal requests will be processed within seven (7) business days, less any applicable fees.
3.12 Withdrawal requests may be canceled if:
- The remaining balance cannot support open transactions.
- Verification documents are incomplete.
- Deposit statements are not provided as required.
- Required documents are not submitted within 5 working days.
3.13 The Company is authorized to deduct due fees directly from the Trading Account.
3.14 Transactions are considered final once closed, without additional documentation provided.
4. General Bonus Policy
4.1 The Company may grant a trading bonus, calculated as a percentage of the deposit.
4.2 Bonuses are one-time offers, with conditions subject to change.
4.3 The bonus becomes withdrawable after reaching a trading volume target.
4.4 Withdrawal of bonus or profits is possible only after meeting the volume requirements.
4.5 Early withdrawal of deposited funds will result in the forfeiture of the bonus and any related profits.
4.6 The Company may adjust bonus conditions and will notify Clients of changes.
4.7 Any breach of the Agreement may lead to bonus cancellation.
5. Social Trading
5.1 The “social trading” feature allows Clients to observe and copy other traders.
5.2 Sirix, a third-party system, facilitates copying of transactions. The Client chooses Traders and manages the copy settings.
5.3 Transactions can be copied using fixed volumes or based on allocated funds.
5.4 The Client can close transactions independently at any time.
5.5 Ratings or past performance of Traders are not guarantees of future results.
5.6 Solely copying other Traders is not recommended.
5.7 The Company does not guarantee accurate execution of copied trades.
5.8 Clients must monitor their accounts and manage their own risk. The Company holds no responsibility for decisions made by Clients using the social trading service.
5.9 Sirix is provided “as is,” and the Company does not guarantee uninterrupted service or information accuracy.
6. Fees and Charges
6.1 Fees for transactions vary based on Client classification, and the Company also earns from spreads on trades.
6.2 Islamic accounts incur fees if trades remain open for more than two days.
6.3 Deposits and withdrawals via bank transfer may incur a fee between €25 and €50, depending on the payment solution.
6.4 An administrative fee applies to inactive accounts, calculated as 5% or 25 Euros/USD, whichever is higher. The criteria for inactivity and the fee structure are subject to change.
7. Trading Conditions
7.1 The Company’s trading platform provides access to various financial instruments and displays buy and sell prices based on market data.
7.2 Transactions are renewed daily at 22:00 GMT.
7.3 Transactions may end due to client action, meeting pre-set criteria, expiry dates, or insufficient funds.
7.4 Orders can be submitted electronically or by other methods, subject to Company approval.
7.5 Prohibited activities include opposite transactions, scalping, and arbitrage.
7.6 The Client authorizes the Company to act on submitted orders without further verification.
7.7 Orders may be canceled if not yet acted upon.
7.8 The Company may set and adjust limits on trading orders and positions.
7.9 The Company reserves the right to correct transactions affected by errors.
7.10 Trading benefits may be adjusted or canceled by the Company at any time.
8. Types of Orders
8.1 – 8.11 Various types of orders (e.g., Buy, Sell, Stop Loss) are supported. The Company does not guarantee order execution at predetermined prices due to market conditions. Rollovers, swaps, and margin calls are applied as outlined, with the Company reserving the right to adjust open positions.
9. Use of Data and Privacy Protection
9.1 Personal information is used solely for account creation and remains protected under EU regulations.
9.2 Data retention is limited to the information necessary for providing services.
9.3 The Company may share Client data with affiliates or as required by law.
9.4 Clients consent to receiving updates and marketing information, which they can opt out of.
9.5 Communications may be recorded for quality and verification purposes.
9.6 Commissions may be exchanged with business associates.
9.7 Cookies may be used on the Company’s platforms.
10. Risk Disclosure – Client’s Financial Knowledge
10.1 The Company does not offer investment or tax advice. Clients are responsible for assessing the risks of their trades.
10.2 Market information is provided as a courtesy and should not be interpreted as advice.
10.3 The Company is not responsible for assessing transaction suitability for Clients.
10.4 Clients are solely responsible for declaring and paying any taxes owed as a result of trading activities.
11. Account Balances
11.1 Clients can view account balances and activity through the trading platform.
11.2 Clients must regularly review their accounts and report any discrepancies immediately. If no issues are reported, the statements will be considered accurate.