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Home / About Us / RoboForex News / "Standard Terms of Business" for RoboForex (CY) Ltd clients has been updated
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"Standard Terms of Business" for RoboForex (CY) Ltd clients has been updated

11.11.2015 / 15:28

Dear Clients and Partners!

We’re informing you that starting November 19th 2015, the updated version of "Standard Terms of Business" for RoboForex (CY) Ltd clients will come into effect.

The changes have affected several articles, especially the following ones:

  • Restrictions to registration for the stateless persons and persons younger than 18 years old (art. 1.3 of "General information" section).
  • Updates to account depositing/withdrawal conditions (art. 9.1, 9.3.5, 9.3.6, 9.3.7, 9.4, 9.4.1, 9.4.2 of "Client money and assets" section).
  • Updates to the cases, when the Company has the right to terminate the Agreement with the client (art. 15.4.5 of "Termination without default" section).
  • Updates to the information about peculiarities of VPS-server use (art. 19.9 of "External platforms" section).
  • Details of the client complaints procedure (art. 21.3 - 21.8 of "Client complaints procedure" section).
  • More precise definition of "Margin requirements" term in "Risk disclosure for financial instruments" section.
  • Softening of the leverage use conditions (art. 12 of "General provisions of trading terms" section).
  • Addition of RUB, CNY and GOLD to the available account currencies (art. 20.1.3.3 of "Interpretation" section).

In addition to the above-mentioned changes, the following articles and definitions of "General provisions of trading terms" section have been corrected/amended (art. 6.1, 6.2, 14, 25.3, 25.4, 25.6, 41, 44 and 48) and several adjustments have been made to the Annex 1 to section 8 of the agreement (art. 25.1 of "Arbitrage" section, art. 28.1.16 and 28.1.17 of "Interpretation" section).

The updated version of "Standard Terms of Business" can be found in "RoboForex Documents" section of our website. If you do not inform us until November 19th 2015 that you’re not going to accept the document, it will be automatically considered as accepted by you.

Sincerely,
RoboForex