Addition to The Public Offer Agreement - "Terms of segregated accounts use".
1. This regulation is additional agreement between InstaTrade Corporation, hereinafter referred to as "Company", and the owner of trading account, which is being converted to the Segregated account, hereinafter referred to as "Client". The agreement is in free access in the Internet in reference to The Public Offer Agreement and the Client should familiarize with it before sending filled form S-1 for Segregated account service obtaining. The fact of reception of the Customer's application by the Company's Customer Service Department is confirmation of Customer’s consent with this additional agreement.
2. Segregated accounts service is provided for trading account by the Customer’s request through the consideration of filled S-1 form. In case of correct filling of S-1 form and confirmation of execution by the Customer of all conditions needed for service gaining, the Company's Customer Service Department will obtain the Segregated accounts service to the Customer’s trading account.
3. The Customer’s confirmation of execution of all conditions requested for the Segregated accounts service addition, is made in two steps:
A. After or at the moment of sending filled S-1 form for the Segregated accounts service reception, the Customer sends the scan of bank statement on segregated-accounts@instaforex.com, indicating of the presence on the account of sum, exceeding 100000.00 USD or its equivalent in any other currency.
B. In case the preliminary positive decision about obtaining of Segregated accounts service to the Customer’s trading account was made by the Company's Customer Service Department, the Customer sends via mail paper copy of the bank statement, mentioned in point 3.A. on Western Guarantor company’s address in Kaliningrad: 236022, Teatralnaya 30, office 516, Kaliningrad, Russia.
4. The Customer makes remittance of necessary 30% of initial deposit within two weeks from the moment the preliminary positive decision about obtaining the Segregated accounts service to the Customer’s trading account was made by the Company's Customer Service Department. After Customer’s transfer reception two deposits are made on his/her trading account:
A. 30 % of initial deposit received by the Company;
B. The rest 70 % of sum, charged in a form of the interest-free credit.
5. Replenishment of 70 % from the sum of the initial deposit is made in a same day with replenishment of Customer’s transfer in amount of 30 %. In case of non receipt a paper copy of bank statement on the address of the Company’s Headquarters office from the Customer within 30 days of, the Company has the right to cancel a subscription for the Segregated accounts service.
6. The "Segregated account" service is provided for customers funds' protection against the situations beyond human control.
6.1. The Client takes the responsibility to make the real funds available at any time in order to support the opened positions. The Client undertakes to transfer the additional amount of money in advance in case the current loss on the trading account exceeds the amount of funds deposited by the Client to the Company's bank account.
6.2. In case the Client failed to fund the trading account or delayed the funding the Company reserves the right to close all the positions at the current market price and unsubscribe the Client from "Segregated account" service.
6.3. The Company may agree to continue maintaining the Client's account in case the deficit does not exceed 20% of real funds.
7. The cancellation of Segregated accounts service is made by withdrawal of the enlisted on the Customer’s trading account amount of credit at a rate of 70 % from the initial deposit.
8. The restrictions imposed on trading accounts with the Segregated accounts service:
A. The maximum leverage 1:200.
B. The sum of credit at a rate of 70 % from the initial deposit cannot be withdrawn.
C. Annual interest on available assets which is 6 % is not charged.
D. Service of a bank guarantee can extend only on the means provided with real transfer of the Customer at a rate of 30 % from the initial sum of deposit.
E. The minimal deal for segregate accounts is over 1.0 lot (USD 1.0 for a point of the major currency pairs) for each particular account.
F. Bonuses are not avaliable for Segregated accounts.
G. Funds withdrawal from a segregated account including the profit made implies the agreement cancellation.
9. Parties solve all disputes and disagreements in the order and on the conditions provided by the present additional Agreement and The Public Offer Agreement, accepted by the Customer while account opening.