This Agreement has an obligatory action for all parties who have signed it. One party is named as an individual (hereinafter referred to as “Client”, “Customer” or “Trader”) and the second party is a team offering services for creating a trading account (hereinafter referred to as the “Company”).
The Client gives his/her consent to follow all website’s Terms&Conditions mentioned below.
If the Client does not give his/her consent even for one term or condition, the Company can’t provide any type of services on its site.
Each Client needs to provide a confirmation of the legal age (18+) to create a personal account and use services at the Company’s website.
If the Client provides inaccurate age data and does not reach 18 years at the moment of creating a trading account, the Company will liquidate or deactivate the Client’s account.
1.1. The Trader confirms that he/she has reviewed and understood the content of the Agreement’s full text, including additions and prerequisites.
1.2. The Trader has the ability to use the website’s options at any time, be familiar with and use all information posted there.
1.3. The Company has a certain discretion under which it can promote the trading account, and change its level and type but only if these actions will benefit the Trader.
1.4. The Company has a right to change and supplement any website’s data without the Client’s permission.
1.5. The moment when a Trader has reviewed all Company's terms and conditions shall be deemed to be their entry into force for that Trader.
1.6. The Trader automatically agrees to all changes in terms and conditions. If he/she has any disagreement, they need to file a certain statement or inform about the Agreement’s termination.
1.7. The Trader agrees not to perform any operations on the Company's platform using external update systems and not to perform simulated intelligence analysis using robots.
2.1. The Company uses the most efficient and modern high-security standards for combating money laundering and financial terrorism.
2.2. Under the Company’s policy, it provides plenty of measures for prevention and revealing any kind of attempts at money laundering and terrorism financing.
2.3. If the Company has any doubts about the lawfulness of the Client’s transaction and suspects that it is connected with money laundering or committing any other criminal activity, the Company has the full right to refuse its execution.
2.4. Account verification is a mandatory action for each Trader due to Company’s AML and KYC policies. Under the rules, the Company has to get all the needed evidence of each Client’s identity. Further cooperation is impossible without such a procedure.
2.5. Under AML policy, any transferring of funds and related transactions to third parties is prohibited.
2.6. For the depositing and withdrawing process the name of the account owner and the holder of a credit/debit/prepaid card should be the same.
2.7. Each Client can have only one trading account under his/her name. Under the Company’s rules, other created accounts do not accept any payments.
3.1. The Company does all necessary measures for protection and not transferring any type of data received from the Trader to third parties (personal information, transaction data, trading account details, etc.).
3.2. All Client’s electronic financial transactions are under the Company’s protection by using all needed security measures.
3.3. The Company guarantees to each Client, who has signed this Agreement and created a trading account, full confidentiality.
BASIC REQUIREMENTS
Under the KYC Policy, each Trader undertakes to:
a. Provide colour copies of all sides of the documents that can identify the Trader – ID card, passport, or driver’s license.
b. Provide a document that can confirm the Trader’s residential address by providing a colour scanned copy of any utility bill (electricity, water, Internet, etc.) or any similar document with a valid date of at least 3 months.
c. Provide colour scanned copies of the credit/debit/prepaid card that was chosen for deposits.
d. Hide all private information, especially the CVV code, except the last 4 digits of the card number on both sides, signature and expiry date.
4.1. Due to law, the Company’s Charter and/or any division, individuals, legal entities, and citizens of certain jurisdictions can’t use, copy, or realize the site’s data in any unlawful actions that are prohibited under the Company’s policy.
4.2. Any individual or legal entity of this jurisdiction can’t use the site’s data, services information, and property of the Company.
4.3. The Client undertakes not to disclose any prohibited material to the Company under its terms and conditions, including any prescribed Site Settings, to safeguard and not to expose the Company's rights to unreasonable risk.
5.1. The company shall not be liable for any type of damage, including incidental, extraordinary, direct, or consequential.
5.2. Damages caused by loss of business profits, currency incidents, governmental verdicts, instability in the financial markets, or losses due to improper use of services, are also not the responsibility of the Company.
5.3. Nor will the Company be liable for any damage resulting from loss of business profits, currency incidents, governmental verdicts or market instability.
6.1. All screens, pages, and other published materials on the website are owned only by a Company.
This Agreement is made between www.tools4deals.com (hereinafter referred to as “Company” under the trade mark TOOLS4DEALS), on the one hand, and the individual (hereinafter referred to as “Client”, “Customer” or “Trader”), on the other hand, who would like to open a trading account on the Company's online platform and agree to accept the policy as a Customer due to the Terms&Conditions set forth in this Agreement.
1.1. This Agreement is made between the Company and the Customer has the legal power due to legally enclosed documents.
1.2. Only the Company under the terms already stated on the official website may dictate any changes to the Agreement, including the placing of orders and trading.
1.3. A Client who has not verified his/her account has no right to carry out any operations on the trading platform. This process is simple and is carried out by means of the Client providing personal information in the form of uploaded documents in accordance with the terms and conditions of the Company.
1.4. The Company reserves the right to close the trading account of any Customer who fails to provide the necessary documents for confirmation.
1.5. The Company reserves the right to refuse to open an account for any Customer regardless of verification.
2.1. The Client, in order to open a trading account on the Company's platform, is required to follow certain steps:
a) Fill in the registration form with all the requested data;
b) Make a deposit by any available payment method, once the Company has confirmed the opening of the account.
2.2. After registration, deposit and confirmation by the Company, the Client's trading account will be activated.
3.1. Due to the Client’s purpose, he/she can transfer any available amount to the Company’s account.
3.2. Any payment method presented at the Company’s platform is available for a Client and can be used by him/her to make a deposit to their account – credit/debit/prepaid card, bank transfer. This amount can’t be less than 200.
3.3. The Company has the right to make any changes in the list of acceptable payment methods, including its supplement and expansion, on its platform.
4.1. The Customer needs to provide appropriate evidence of the deposited funds to the Company, and only after that, an amount will be available on the Client’s trading account.
4.2. The Company, at its sole discretion, has the right to establish different methods for the Client to deposit and withdraw funds from the trading account.
4.3. The Company warns each Client that due to fluctuations in exchange rates and commissions of the selected payment systems, the amount credited to the trading account may differ. The Company also allows for differences between the currency of the account and the currency of the bank card.
4.4. By opening a trading account on the platform, the Client agrees that he/she is aware of and agrees to all possible fluctuations due to exchange rates in the financial markets.
4.5. Under the Company’s AML policy, the bank account to which the transfer is made must be in the Client's name and be opened in his/her country of residence.
4.6. If the Client has made a SWIFT payment, he/she is obliged to provide a receipt or any other proof of payment that the Company considers as weighty proof. If the Client refuses to provide such proof, the Company reserves the right not to credit or debit the amount.
4.7. A Client may only withdraw funds from his/her trading account to the account or card from which he/she previously deposited funds.
4.8. The company makes every effort to maintain up-to-date security measures when processing all types of payments according to its security policy. The Client's personal data and banking information are strictly confidential and encrypted.
4.9. If the Customer is at fault for the leakage of data, e.g. by not observing the security of the electronic device or by following malicious links, the Company shall not be liable for the theft of data or for any losses incurred.
4.10. The Client can choose any payment method offered by the Company:
a. Credit/Debit/Prepaid Cards.
b. Bank Transfer.
c. Wallet to Wallet.
5.1. Under the Company’s rules, it can charge commissions from a Trader during any transactions as parties agreed earlier, and unless they make a new agreement. Such bank charges include transfer fees, commissions, and other charges. And all of them can be charged only from the Trader’s account. To get more relevant information, contact the Support Team as these banking fees may depend on various factors.
5.2. The Company can charge commissions for the platform’s services from the Client’s account and for other transactions, including markups, discounts, supply and demand ratio. Usually, the commission can only be withdrawn from the account after the transaction has been completed, but without any restrictions on the payment method chosen. At the discretion of the Company, the requirements for the withdrawal of commissions may be changed and expanded. By opening an account on the platform, the Client consents to all commissions and their possible daily change depending on various factors (market conditions, changes in asset prices, market instruments, etc.).
5.3. Under the Company's general rules, it provides each Customer with transactional services for prices, bonuses, discounts, and offers/requests for distributions. Commissions for this are charged to the Customer's personal account, but the Company reserves the right to request payment of commissions in other ways and on its own terms.
5.4. The Company has the right to charge an additional fee for processing transactions from the Client's trading account.
5.5. If all trading positions remain open after the end of the trading session, the Company shall be entitled to charge a fixed rate swap fee. Such actions can be conducted on a regular basis.
5.6. The amount and percentage of the commission may be changed from time to time at the discretion of the Company, but the Client shall be informed of all changes.
6.1. By creating a trading account, the client confirms that he/she also agrees to the terms of the Company's bonus program and that he/she has read this policy, including the status of a participant in the bonus program or agreeing to receive bonuses or other Company funds.
6.2. The Customer's rejection of the bonuses offered by the Company shall have no effect on further cooperation between them.
6.3. The company also uses other forms of incentives for the client, such as special conditions for providing promotions and bonuses. The Company makes choices based on different requests and subject bonuses. All promotions and bonuses have equal conditions for each Client. The Client, in his/her turn, is obliged to carefully study all the conditions and features of the offered bonus or promotion. The conditions set in advance are valid and binding on the Customer for the entire duration of the bonus or promotional offer.
6.4. In order to successfully manage bonuses and shares, the Client must have certain knowledge and skills. Lack of skills can increase the risk of not making profits on trades, losing those bonus funds and incurring losses. Trading CFDs is also a risky venture without skills and promises a loss of bonus funds.
6.5. The Client has no right to sell or transfer bonuses to third parties. All bonuses and auction offers are assigned to a specific Client and are credited to his/her trading account under certain conditions and are not allowed to be transferred to another account.
6.6. The currency of the Client's trading account is identical to the currency of the bonuses and promotions.
6.7. The company will set an expiry date for each bonus and special offer. All special offers will be subject to the bonus rules. The Company has the right to cancel an offer previously made to the Client if the latter has rejected the terms offered. Without the knowledge and consent of the Company, the Client may not change the terms of the bonus or special offer.
6.8. If the Company discovers that the Client is abusing the bonus offers, or there is at least such suspicion, the Company has the right to cancel their accrual or close the trading account. The basis for such decisions is the Client's breach of the agreement with the Company.
6.9. Before initiating a withdrawal from the Bonus Account, the Client must have reached the minimum trading volume (bonus amount *7 in lots) and also if the Bonus amount needs to be replaced with the Client's funds.
6.10. Restrictions on withdrawal requests may be limited in connection with the repayment of the Customer's loan obligations or under the turnover agreement.
CFD is trading derivatives based on future price fluctuations, where the Trader himself/herself only buys or sells CFD contracts, but does not own the underlying asset. The trader monitors prices and if the price is predicted to rise, he/she buys the CFD and if the price of the asset falls, he/she sells it. The price of the underlying asset always shows the value of the CFD and is related to each other under all circumstances.
Government policy, market conditions and macroeconomic processes have a direct impact on the value of assets. Therefore, Traders should consider the possibility of such changes. Any minimal price fluctuation can have a significant impact on the final profit or loss of the Trader according to the CFD.
In the event of unfavourable conditions for the value of any underlying asset, the Client may take advantage of the supplier's margin compensation. The platform reserves the right to close a position if violations of margin requirements by the Client are detected. In such a situation, the Client undertakes to independently close the position and accept the lost profit.
The value of an asset is based on various factors and market conditions are the aspects that have the greatest impact. Accordingly, the number of losses may be increased in case of sharp changes in the price of financial tools. An undervalued contract of the Client is considered to be in case of insufficient trading of the underlying asset on the market.
In case of the occurrence of the situation described above, the Client is obliged to pay an additional CFD margin to the provider. If the Client does not agree with this obligation, he/she undertakes to terminate the contract at a reduced price. Constant fluctuations in the financial market affect the price of a CFD contract and lead to its decrease.
The price of a CFD contract is not a constant component in the market due to frequent structural changes. The minimum price to which it can be reduced is specified in the contract and due to these changes, the transaction is closed based on these data. Such situations in the financial market are the cause of suboptimal profits and losses due to the fault of the CFD provider, and the account holder must understand this.
Using the tools of our Platform will help the Client analyse the possible ratio of losses and profits when trading CFDs and avoid more serious financial losses. The Stop Loss mark on the order means the closing of the contract at a predetermined price automatically.
It is worth taking into account that even with small investments and the correct ratio of remuneration using the used trading instruments, losses and illiquid assets may occur when trading CFDs. In the case of using borrowed funds, an analysis of the situation is highly recommended even before entering the position itself.
The optimal estimate of losses and profits has a ratio of 1 to 3. In cases where the first figure is greater than expected, it is also considered acceptable.
Under the terms of the current Agreement, the Client agrees that he/she understands its meaning, accepts the terms described and is ready to cooperate with the Company, its employees, directors and officers. The Client assumes responsibility for the possible incurrence of any kind of losses, costs, or expenses in case of non-compliance by him/her with the predetermined rules and laws in accordance with this Agreement and the relevant jurisdiction.
If the Trader incurs any liability to employees, directors and officers, the Company has the right to deduct any amount from his/her open account. This rule applies if financial liability falls under the reasons specified in this Agreement.
Proof of the high level of the Company and its services is the continued cooperation of the Trader with the Platform through subsequent payments to the personal account of the Company (at the initiative of the Trader).
The official language of communication between the Company and the Trader is English. The Company also reserves the right for the Trader to change to any other language by prior arrangement.
The Company does not require the Trader's consent to make any changes, updates and additions to this Agreement if it is still valid. The publication of such changes or additions on the Platform’s website is considered the moment of their entry into force.
The original of this Agreement is published in English.
The English version of the Agreement takes precedence in the event of any errors or inaccuracies in the translation of the Agreement. The Trader who has questions or claims regarding the Agreement has the right to contact the Company for clarification at support@tools4deals.com.
The Company has 7-10 working days to consider the Trader's request. It is sufficient time to review the application and analyse the Trader's data (transaction history, telephone records, email correspondence, personal information, and previously provided documentation).
If the Company needs additional information or documents, the absence of which creates obstacles to the consideration of the application, the Trader must provide them after appropriate notification.
The rules of this Agreement enshrine the right of the Company to charge a commission on the Trader's personal accounts, including inactive accounts with low activity, a minimum balance, or the absence of transactions during the period of the agreement between the parties (the Company and the Trader).
The only entity that has the right to establish the conditions for the minimum amount for permanent management is this Company. If for some reason the payment is considered invalid, the Client will receive a notification about this.
The Company may partly or fully limit/close the Trader's current positions, or restrict access to the trading account in case of termination of this Agreement.