1) The Company’s role shall be limited to welcoming “the client” and explaining the assets and skills of speculation and the method of using the various trading programs and services related to the Company’s financial services related to forex, currencies, commodities and metals only without brokerage and trading in financial derivatives, speculation, consultancy and portfolio management.
2) The client acknowledges that he has entered into a contract with Market Equity Inc in the Republic of Vanuatu and that the relationship between them shall be governed by such contract, which the client has electronically agreed to and was sent to him via his e-mail, in accordance with the law of the Republic of Vanuatu agreed on his competence to regulate the relationship between them, and he approved it after reviewing the translation of all contracts and declarations in Arabic, and translated, read and understood all the terms and provisions by himself and at his personal responsibility.
3) The client acknowledges that the role of Wafra Financial Services Company shall be limited to helping explain the trading programs, and it may be through its devices and capabilities in exchange for the various benefits obtained by the Company without the need for a reference or approval from the client.
4) The client acknowledges that risk is an essential element of any commercial activity, whatever its nature, as it is subject to profit or loss, and also acknowledges his understanding of the margin trading system and its high risks, and ensures that trading is appropriate for his experience and his financial and legal situation himself, and the possibility of losing the entire amount of his investment, God forbid, and that the Company does not protect him from any risks whatsoever, including price fluctuations, trading, communication and the Internet, and any advice or reports he may receive from the Company are nothing but human judgments of right and wrong, and the Company does not bear the slightest responsibility as a result of any information or expectations, in any way because the client is the only one who trades in his account according to his vision and discretion only, and the Company does not encourage him to trade or offer it to him in any way.
5)The client acknowledges that Wafra, its employees and affiliates do not accept in any way deposits or cash or in-kind and do not open accounts for clients or brokerage business or brokerage representative for another company or provide advice or manage investments, but the financial and organizational relationship is between the client and Market Company Equity Inc directly, and that creations from and to the client’s account and Wafra are deposits intended to speed up and facilitate their access and reception to and from Market Equity Inc only, whether through re-transfer, facilities, clearing or otherwise, and that any creations in the Company’s accounts are not refundable unless based on orders issued by Market Equity Inc.
6)The Company does not have its own trading program and does not receive buy and sell orders, nor does the Company or any of its employees or affiliates manage clients’ accounts, execute transactions on the client’s account, or provide advice, and any authorization from the client one of the Company’s employees or affiliates to manage the account or an order to open or Closing a center or handing over the password through verbal or written commands or phone calls is considered a personal power of attorney and not as an employee or affiliate of the Company, and the Company does not accept it and is outside its knowledge and responsibility, as the client must manage his account by himself, if the task of employees and affiliates is limited to providing Services Training and assistance in reading prices and facilitating access to published news and analyzes only without taking positions or any work related to brokerage and trading activities.
7)The client acknowledges that he is solely responsible for his trading account and for all the operations carried out on it without any responsibility on the Company and also acknowledges that every transaction carried out in the name of the client through Wafra’s equipment, or its employees and affiliates, is considered to be issued by the client or based on his instructions, as he bears The client shall be solely responsible for maintaining the secret trading number, as he is the only person who owns this number, and the Company will not ask for the secret number in any way, and the Company alone may record private calls, correspondence and private conversations within the relationship between them, and such calls and correspondences and conversations shall be authentic proof and may not be waived.
8)It is not permissible to request from the Company any documents or statements related to trading operations, as the client alone has the authority to extract them according to his trading account number, and the Company shall not be asked about any documents other than this agreement that regulates the relationship between the two parties.
9)The client acknowledges that the failure to mention the legally established rights in this declaration and subsequent declarations and contracts in favor of Wafra Company towards the client in the trading contracts concluded with Market Equity Inc Vanuatu does not mean a waiver of them, and may not be modified by any of the Company’s employees, managers or affiliates Whatever its description, or the source of the modification. These terms apply to all accounts and transactions of the client with the Company.
10)The client acknowledges that the data provided by him is authentic and that the account and amounts deposited therein belong to him and that they are not obtained from the crime of money laundering, terrorist financing or drugs, pursuant to Law No. 106 of 2013 by agreeing to transfer his personal data to external bodies specialized in the same work, such as legal and regulatory bodies and related parties.
11)The client acknowledges that the approved reference regarding the rights and obligations of the client’s trading accounts is the official statements and books issued by Market Equity Inc Vanuatu and addressed to Wafra or the client directly, and the two parties agree on their validity and authenticity in proof between the two parties.
12)The client acknowledges that Wafra is not a party to any dispute related to trading, profits and losses in the client’s account in any way, as trading disputes are not governed by this relationship, and must be submitted to Market Equity Inc Vanuatu via its complaint mail within 24 hours of its occurrence In order for it to be accepted and considered as an actual complaint from him, where the client waives any right to complain after that time has passed, and accordingly the responsibility of Wafra Company in disputes related to the delivery of customer creations and the implementation of withdrawals at the request of Market Equity Inc only and on the orders received from it and not From the client, where the two parties agreed on its authenticity in the evidence between the two parties.
13)The client confirms the validity, effectiveness and enforceability of the notifications and notices sent to him by the Company via e-mail or SMS sent to him according to his information provided in this agreement.
14)The client acknowledges that the Company shall have the right to an appropriate material and moral compensation for the complaints or lawsuits filed against it or any of its employees, affiliates or the companies dealing with it, which are made by way of investigations, public prosecution, any arbitration body, financial or supervisory authority or body in the event that the Company, or any of its employees, affiliates, or the companies dealing with it, has not been convicted or acquitted of its liability towards the client, by a final court ruling, in compensation for damages to the Company’s reputation.
The approved text in English language