Terms and Conditions
In consideration of RMS Technologies Ltd (hereinafter "the Company", "us", or "we") agreeing to open and maintain one or more Client’s accounts (hereafter the “Account”) and of the Company agreeing to provide services (hereinafter the "Service") to the Client (hereinafter "the Client", "you", or "your") with respect to OTC products transactions, which may be purchased or sold by or through the Broker for the Client’s Account(s), the Client agrees to the following:
Eligibility
The Client hereby declares that their age is in eighteen (18) years or above, and legally capable of making financial decisions in their own jurisdiction. The Company reserves the right to ask the Client for proof of identification with the age specified and they understand that the Company may suspend their Account until satisfactory proof of age is received.
Use of the Service is not permitted if the Client is a politically exposed person (PEP). By using the Service, the Client declares that they are not PEP.
The Client acknowledges and is fully aware that their ability to access the Service does not necessarily mean that they are eligible to use the Service.
Client's Responsibility
The information presented on this website is for educational and informational purposes only. It is not intended to be distributed or used by the Client in a country where such distribution or use contradicts to laws and regulations of that country. It is the Client's sole responsibility to observe the laws and regulations they are subject to.
The Service provided on this website does not constitute or imply any investment advice or recommendation on making investment decisions. Any of such investment decisions made and consequences such decisions may have and incur are the Client's responsibility only, including the level of risk they may contain, including, but not limited to loss or damage arising from the information provided directly or indirectly.
Accounts. Services. Transactions.
Considering the Service provided is of educational and informational nature, no representation or warranty is made or implied that it is accurate and/or complete; thus, such Service shall not be construed as the representation or warranty whatsoever and the website and/or its representatives shall not be liable for any loss or damage arising from the Service provision in any manner.
In regards to the Service displayed, the information shall be considered as indicative only, and the website and/or its representatives cannot hold any liability for its inaccuracy or incompleteness in any respect.
Such Service is protected by copyright laws, so the Client is not allowed to re-distribute, publish, disclose or otherwise make it available to any third parties, except for cases required by law.
To execute trading operations over the phone, Company’s employees may provide technical assistance to the Client in the opening/closing/changing parameters of transactions (take profit, stop loss) on behalf of the Client over the phone. If the Client does not agree on the use of the Service of the Company, the Client may notify the Company or its employees not to use this Service.
In order to open/close/modify a transaction or request setting the order, the Client shall contact the Customer Support department (account manager).
The Client also has the right to ask the Company for obtaining regular technical assistance in opening/closing/changing transactions using the phone. In this case, the Company’s account manager performs regular telephone communication with the Client in order to facilitate the Client in performing transactions.
Not all services on this website are provided by the Company. RMS Technologies Ltd will not bear any responsibility or liability for any third-party services or products, redirected from this website that the Client uses in order to make well-informed investment decisions.
Content on the Service
When using the Service, the Client may be exposed to various information, data, and content from different sources (collectively, the “Content”). The Content may include market information (“Market Information”) like quotes, news, analyst opinions, research reports, graphs or other information, data, or content that RMS Technologies Ltd has drawn from third content providers (“Third-Party Content”). The Company does not control and is not responsible for any Third-Party Content. As the content has been made after collective research, all Content is presented to the Client solely for information purposes and “AS-IS”. The Company makes no representations or warranties as to the accuracy, timeliness, completeness, or authenticity of any Content and the Company shall not be liable for any liability arising from the Client's use of any Content outside of the Service.
The Company assumes no responsibility for the Client's trading decisions made as a result of reviewing the given Content.
Market Information is not intended to be provided as investment advice. We do not endorse or approve any Market Information, but only make it available to the Client for their own information and convenience for use on the Service.
The Company may link to third-party websites that are completely independent of it. The Company assumes no responsibility for the accuracy of the content of the independent third parties.
The Client fully understands that all Content (including Market Information and Third-Party Content) is provided to the Client “AS-IS” and for their use exclusively on the Service. Without limiting the foregoing, the Client acknowledges and understands that the Content may not correspond exactly with “real-world” values outside of the system. To exemplify, the listed market quote of assets on the Service may lag behind the actual “real-world” exchange rate for that market quote. Market Information may quickly become unreliable for various reasons, including, but not limited to, changes in market conditions or economic circumstances. The Company undertakes no obligation to update any Content (including Market Information) and the Company may discontinue offering any or all Content at any time without notice.
The Client shall not copy, reproduce, distribute, transmit, broadcast, display, sell, license, or otherwise exploit the Content for any purposes.
All Content, including Third Party Content and text, graphical images, photographs, music, videos, software, scripts, trademarks, service marks, and logos are subject to copyright, trademark and/or other proprietary rights under the laws of applicable jurisdictions, including domestic laws, foreign laws, and international conventions. Except as otherwise explicitly permitted, the Client agrees not to copy, modify, publish, transmit, distribute, participate in the transfer or sale of, create derivative works of, or in any other way exploit, in whole or in part, any Content.
Deposits to Trading Account
The Company earns through the Service shown only from the website. The Client understands that RMS Technologies Ltd does not act as a broker of any of its partner brokers or brokers any client or entity is trading with. All deposits intended for your trading account should be directly processed to the broker's trading platforms, accustomed to whatever deposit methods that the broker provides to you as their client. The Company representatives are not allowed to solicit any amounts from the client aside from the deposit amount to the trading account and the agreed profit sharing between the Client and the Company.
If at any time you make a deposit by any other method (including e-wallets, money transfer services, and internet payment vendors), the Company assumes the right to implement any rules, provisions, and regulations we deem necessary in regards to such deposits.
The Client hereby acknowledges and confirms that the Company is engaging with an independent third party or payment service providers for payment collection. The Client acknowledges and confirms that the third party or payment service provider is acting on their instruction to transfer the funds on their behalf to the Company with no liabilities, obligations, or warranties. The Client agrees and confirms that they have no right to claim any transferred funds from the third party or payment service provider in any way, or under any title, or under any circumstances.
The Client understands and agrees on the fact that any third party or payment service provider will just facilitate your business with the Company and that you were not offered any form of financial services from them. The Client is aware of the fact that they should not use the third party/payment service provider or its affiliates as the financial services vehicle but a conventional and trusted service provider to facilitate payment only. The Client confirms that they have no further and future claims against the third party or payment service provider after settlement has been made.
Account Management
By registering a cabinet on this website, the Client duly understands and accepts the Company Terms and Conditions, Privacy Policy, Risk Disclaimer, and all of the other documents given to the Client by the Company.
Upon receiving this Service, the Client should be aware that the Company will require the Client to sign documents that we, RMS Technologies Ltd, or the trading platform requires as the Client also has the respective trading agreement with such companies. The Company primarily requires the Client to send these documents below before initiating the process of the aforementioned Service:
- Trading Authorization document – this document acts as a written agreement between the Client and the Company that the Client will require the company to open trades on their behalf, bound by the existing Terms and Conditions and other documents supplementary to it.
- Signed Copy of the Company Terms of Use
- Verification Documents – one (1) proof of Identity and one (1) proof of address.
If the Company found that the Account Management Service was abused by the Client or that the Client has used some means in order to affect or manipulate the trades in general or the Client has taken action in any running trades (close half, move SL, TP or full close, etc) without our concern, the Company can terminate and cancel the Service validity without giving any prior notification.
During the Service, the Client can control their own trading Account. But if the Client changes the credentials of their Account (Login ID, Password, Broker, Trading Platform) more than 3 (three) times without prior notice to the Company, RMS Technologies Ltd can terminate the Client's Account without giving any prior notification. In this situation, if the Client is willing to reactivate their account management Service, the Company has its sole discretion to approve or deny such requests.
By subscribing to this Service, the Client fully agrees and authorizes the Company with the right to deduct the profit from the current running balance of the Client's stated trading account in instances that failure to provide the Company’s share is observed.
The Client can cancel the Service whenever they want. In this situation, we will not issue any refund for the services agreed with the Company. The Client hereby understands that each agreement to the content provided by the Company still involves risks, and the Client should be aware of the Company’s general risk disclaimer.
Promotions. Rebates.
The Company has the right to provide wide promotions and rebates (hereafter “Company Allocated Funds”, “CAF”) to both old and new clients. CAF are points that will be added to your balance, once the required volume has been reached.
Being able to join the promotions and receive CAF is a privilege for the Clients. On the other hand, the Company may, at any time, deny these with sound discretion.
Exclusive CAF may be given to clients that are on a VIP level.
CAF are transferred to the linked client’s account after the client’s provision of the pertinent documents for verification of the Client’s identity.
Below are the CAF promotion that Clients are eligible to:
- New Account Activation/Account replenishment (hereafter “NAAAR”) CAF
The given promotion is provided by the Company to the clients when the Client funds his/her account to any linked accounts to the company trader’s cabinet. The amount of Company Allocated Funds is defined by the Company as a percentage of the amount of the money which the Client funded for the first time/replenished.
The required completion terms are determined by the company-linked account’s volume of trades: For every 1000$ worth of NAAAR-CAF, the volume of trade should reach:- 10,000,000$ volume of trade per 1,000$ bonus for the total of up to 10000$;
- 20,000,000$ volume of trade per 1,000$ bonus for the total of up to 10000$ to 30000$;
- 30,000,000$ volume of trade per 1,000$ bonus for over 30000$
You must note that the trade volume does not include the transactions opened with the following conditions: (1) If the trade opened is less than or equal to three (3) pip distance from the opened market price; (2) If the trade opened does not exceed to three (3) minutes from the opening time. The total accumulated NAAAR-CAF would be deposited to your trading account balance up until the moment the recommended trade volume had been reached.
Should there be reason to suspect that your Account is a source of fraud, specifically with the purpose of reaching the necessary trade volume, the Client’s trading Account will be adjusted.
Should the Client choose to liquidate funds prior to reaching the required trading volume, all the opened positions on the Client’s account will be closed and the remaining funds cleared according to the formula below:
Total Available Balance = Total Fund Value - Total Company Allocated Fund - Total positive Pnl accumulated from trading
If during the bonus usage period, the amount of the account balance is less than the bonus amount, the Client will be able to withdraw funds only after the total CAF added is fully worked out. The terms and conditions of CAF requirements are specified in this Agreement. - Pre-Activation/Replenishment (hereafter “PAR”) CAF
This is given by the Company to the clients upon the agreement with the clients prior to funding of the Client’s account. This is under the condition that the Clients would be funding further in the account.
Upon the provision of the PAR-CAF, the Client agrees on:- The Bonus amount;
- The deposit terms (should this not be agreed upon, the Company will define this as 7 calendar days);
- The sum to be deposited by the client to his or her account.
Until the required account has been deposited by the Client, or until the Bonus has been debited, the Client’s Account will remain in “read-only” status. The conditions for the Trade Volume are much like that of the NAAAR-CAF. The Company has the prerogative to cancel the Bonus alongside any Special Offers program any time.
Usage of Third-Party Service and Content
The Client hereby agrees that the Service and content from a third party, including but not limited to trading advice, usage of any Expert Advisor or Trading Robot, are being put onto the trading account at their sole discretion, hence, the Company will not be responsible for any outcome that may arise to the Client's Account.
Using the Service mentioned above requires the Client to study the methods of its usage, and if any services are plugged into the Client's Account registered on RMS Technologies Ltd, the Company or its staff are under no obligations to neither advise nor modify the account settings that the Client has set to their own trading account.
Refunds. Withdrawals from Trading Account.
Withdrawals of funds from your account (hereinafter referred to as “Withdrawal”) are carried out on the basis of the withdrawal request facilitated by you, to your broker’s trading account. The company reserves the right to withdraw funds in any reasonable form to our discretion in accordance with our anti-money laundering policies and rules. If you have not obtained the consent of the Company for a different method, any withdrawal of funds from your account should be carried out in the same way as they were deposited to your account (that is, funds deposited, for example, via electronic bank transfer can be withdrawn only by transferring them to the same bank account from which the transfer was made). RMS Technologies Ltd can set limits on the amount of funds that you can withdraw within a certain period.
This Refund and Withdrawal Policy (hereinafter referred to as “Policy”) is the document, regulating a procedure for request for the withdrawals by the Clients and for processing of such requests to the Company.
- Submission of the Withdrawal Request
The Client may submit a Withdrawal Request for the withdrawal of funds from the broker’s Account (a “Withdrawal”). This request shall be executed through your Broker’s withdrawal forms. - Execution of the Withdrawal Request
The Broker proceeds with execution of the Withdrawal Request conditionally upon confirmation that all requirements to the Withdrawal Request are observed accordingly with the Terms and Conditions of the Company and the Broker. The Broker confirms the Withdrawal Request to us, in form and in respective amounts, provided by the Terms and Conditions. The Company reserves the right to establish the limits on the amount of funds the Client may withdraw in any given period of time.
The Company may request the Client to provide additional identity documentation as the condition for execution of Withdrawal Request, as it’s stipulated by the Terms and Conditions and/or to implement any other security and anti-money laundering rules, provisions and regulations at sole discretion of the Company, if such is required to prevent money laundering, fraud or any other crime or action which, at the Company’s believe may expose the Company to liability or loss.
The Company may refuse to process a Withdrawal Request for any reason, including reasonable suspicion that the Client has breached the Terms and Conditions.
The Client is responsible and agrees to pay all the costs/fees/taxes, as it’s provided by the Terms and Conditions.
You should inform your broker of your actual bank account details (or details of other financial institutions). RMS Technologies Ltd is not responsible for any mis-payments aroused from the provision by the Client of wrong/incorrect/misleading information.
The Client is responsible for compliance with all other terms and conditions for withdrawals and refunds, stipulated by the Terms and Conditions.
The Company reserves the right, in its sole discretion, to refuse to process a Withdrawal Request or place a payment hold on any part of all of the funds in the Client’s Account for any reason, including if there is a reasonable suspicion that the Client breached the Terms and Conditions or any laws, orders and governmental regulations.
Everything which is not foreseen by this Policy is to be regulated by the Terms and Conditions.
Under no circumstances will RMS Technologies Ltd provide refunds for subscriptions to any of our services.
AML Compliance
RMS Technologies Ltd reserves the right for security and anti-money laundering rules impositions, provisions and regulations that the Company will see necessary or desirable to prevent or limit the risk of clients initiating to commit money laundering, fraud, or any other crime or action which the Company believes may expose it to liability or loss.
Aside from the broker’s requirements for verification documents, the Company may request additional documentation supporting the Client's authentication, prior to the execution of a withdrawal order, according to the regulations of the Anti Money Laundering (AML) institutions or credit card companies. In such cases the information and documentation provided by the Client is a prerequisite for execution of a withdrawal order.
The Company, in its sole discretion, may refuse to process any Client’s Withdrawal request or place a Withdrawal ticket on hold or any part of all of the Client's funds in the Account for any reason, including if the COmpany has a reasonable suspicion that the Client has breached the Terms and Conditions.
Broker's Commission. Conversion. Other Charges
Before trading, the Client shall get a clear detail of all the commission and fees and related charges as well. You shall be aware that profit and losses that are incurred in foreign currency-denominated contracts will get affected by the changes in rates of foreign currency and the cost of converting from one currency to another will have to be borne by the Client when calculating net profit and losses.
The Company does not act as a brokerage firm, an investment advisor, or anything alike. The Client should understand that the broker where they put their funds also collects fees and charges to earn. RMS Technologies Ltd bears no liability for any broker’s fee disputes.
Privacy Policy
RMS Technologies Ltd is subject to complying with the applicable Data Protection laws and its Privacy Policy. By registering on this website, the Client hereby acknowledges and agrees that they have read, understood and accepted the Terms and Conditions.
Recordings
The Client agrees and acknowledges that all conversations between him/her and the Company staff may be recorded without a previous warning. The Client agrees and acknowledges that these recordings and the transcriptions could be used as evidence in any further dispute.
Disclaimer
The Client acknowledges and agrees that the Company will not be liable for any loss or damage that the Account suffered due to the utilization of or the access to this website or failure to do so.
Indemnity
Under no circumstances that RMS Technologies Ltd provides indemnity to any circumstances that happen to the Account registered into any of its services. The Client should understand that trading into OTC materials involves a significant amount of risk.
Amendment
While a lot of effort has been made in order to make sure the information on this website is accurate and complete, it is subject to change, modification and/or amendment without notice. These Terms and Conditions may be changed, modified and/or amended at any time, and the Client agrees to be bound hereby.
By using the Service, the Client agrees to be bound fully by all our terms and conditions. The Company may amend or revise the Terms and Conditions at any time by posting the amended Terms and Conditions on the website and, by continuing to trade through the platform, the Client affirms to agree to be bound by future revisions. Whenever such changes to the Terms and Conditions are made, the Company will post such changes on the website.
All amended terms shall be effective 10 days after their initial posting on the website, or as of the first time that the Client uses the Service after such amendments were made, whichever is sooner.
Notice
Notifications may be sent via the email address provided by the Client during the cabinet registration. It is the Client's responsibility to inform the Company in case of any change of email address.
Language
The letters of the Terms and Conditions are written in English, in which by signing it, the Client hereby acknowledges and fully understands the content written in this particular language.
The Company holds no liability in cases of the Client's misunderstanding from the Terms and Conditions presented, and future documents pertaining to the company-client relationship.
Termination
The Company has the right to terminate the Client’s use of the Service in its sole discretion in case of breaching the Terms and Conditions.
Force Majeure
The company will not be held liable for any reasonable delay or failure in performance of any obligation pursuant to this Agreement as caused by acts of God, terrorism, strikes, embargoes, fires, wars, or other causes that is beyond the control of the Company. In case of the Force Majeure , the Company reserves the right to terminate or suspend the Service and/or cancel. Close, and/or reverse any open Transactions.
You agreed use of the Service of the Company is limited to the Terms specified within this Agreement. You acknowledge and understand that the present agreement includes the following applications:
- Risk Disclaimer
- Privacy Policy
- Trading conditions and other information connected to the trading conditions published on the website of the Company
This Agreement will take effect on the date of the Client’s agreement to the present Agreement which includes the documents incorporated here. The Client’s acceptance of the Agreement is concluded upon the Client’s registry through the Company’s website and the opening of a trading account.
