Terms Of Service
Please carefully read the following terms and conditions. By accessing this website and its associated pages, you acknowledge that you accept and agree to these Terms of Use. If you do not agree with these terms, you should refrain from using the website. Voltomatix reserves the right to modify these Terms of Use, and it is your responsibility to review them periodically. Your continued use of the website signifies your acceptance of any updated or revised terms.
GENERAL PROVISIONS
This License Agreement (referred to as the “Agreement”) is a legally binding contract between Voltomatix, operating through its Affiliated Partners (referred to as the “Company”), and any individual or entity (referred to as the “Client”). This Agreement is a crucial component of the public documentation that governs the provision of services by the Company to its Clients, covering both financial and informational services.
By choosing to use the services provided by the Company or engaging in any form of interaction with the Company, the Client fully accepts and agrees to all the terms and conditions outlined in the publicly available documents. If the Client disagrees with any part, section, or provision of any public document issued by the Company (including, but not limited to, the terms related to the use of information provided by the Company), the Client must immediately discontinue all interactions with the Company.
This Agreement outlines the rights and obligations of all parties involved (the Company, the Clients, and third parties) that arise from the use, transfer, broadcasting, or publication of any informational materials in any format or medium that are published by the Company on its official website (www.Voltomatix.com). This also includes information distributed on other websites owned by the Company or its Affiliated Partners, as well as economic news broadcasted through client terminals or other channels.
Under this Agreement, legal entities or individuals who access information from the Company’s web server (website) at the aforementioned address or from the Company’s trading server and use that information in any manner are considered users of that information.
This Agreement applies to information published on the Company’s web server (website) and to information that is broadcasted, distributed, or published through other channels or reproduced in various media, including printed materials.
Specific regulations, legal requirements, and public documents may apply to certain types of information. These regulations and documents include, but are not limited to:
- The Company’s logo is a registered trademark and is protected under applicable legislation, including International Trademark Law.
- The copyright of materials published by third parties on the Company’s web server is protected by the laws of the authors’ countries of citizenship and international laws.
- The copyright of materials published by the Company under its name on the Company’s web server (website) is protected by international laws.
- The Company does not accept clients from countries that are subject to sanctions imposed by regulatory bodies such as the Office of Foreign Assets Control (OFAC), Financial Action Task Force (FATF), United Nations (UN), and other sanctioning authorities.
KEY DEFINITIONS IN THIS AGREEMENT
The terms used in this Agreement are defined as follows, unless specifically stated otherwise within this document:
Account: Refers to the trading accounts that the Company may set up for the Client on its platform, allowing the Client to engage in trading activities involving Foreign Exchange (FX) or Contracts for Difference (CFDs), as detailed below.
The Agreement: The contract between the Client and the Company includes the following documents, accessible on the Website: (a) Privacy Policy, and (b) any additional provisions that the Company may periodically release on its Website(s).
Voltomatix: The entity that owns and operates this website.
Ask: The lowest price at which a seller is willing to sell a contract.
Balance: The total amount in the Client’s Account after the most recent transaction during a specified period.
Base Currency: The first currency listed in a currency pair.
Bid: The highest price that a buyer is willing to pay for a contract.
Business Day: Any day excluding Saturdays, Sundays, December 25th, and January 1st.
CFDs: Stands for Contracts for Difference, which are contracts on various financial instruments like Metals, Commodities, Futures, Options, Forwards, Stocks, or Indices, traded on a spot or forward basis.
Client Application Form: The form submitted by the Client to request Services, allowing the Company to collect necessary information for identification, due diligence, and classification, in line with international know-your-client and anti-money laundering practices.
Contract Specifications: The details such as lot size or type of underlying assets in a CFD or FX offered by the Company. This includes all relevant trading information, including spreads, swaps, margin requirements, and other key details, as defined by the Company and provided on the Website.
Currency of the Account: The currency selected by the Client when opening an account with the Company or converted into another currency at the Client’s discretion after the account is established.
Currency Pair: A combination of two currencies (the Quote Currency and the Base Currency) that indicates how much of the Quote Currency is needed to purchase one unit of the Base Currency.
FX: A contract for difference involving currencies (Spot Forex).
Group Company: A legal entity that is a parent, subsidiary, or has an affiliated relationship with the Company.
Login Details: The access credentials, including login and password, provided to the Client by the Company for accessing the Online Trading System and/or the Website.
Login Data: The Login Details, Account number, and any other information necessary to place Orders with the Company through any method.
Liquidity Providers: A third-party entity to which the Company transmits the Client’s order, always acting as the Client’s agent.
Leverage: A ratio that compares the Transaction Size to the Initial Margin. For example, a 1:100 ratio means that the Initial Margin required to open a position is one hundred times smaller than the Transaction Size.
Margin: The required funds necessary to open or maintain positions, as outlined in the Contract Specifications for each underlying asset in an FX or CFD.
Online Trading System: Any software or platform used by the Company, comprising a combination of computing devices, software, databases, telecommunications equipment, and trading platforms. This system allows the Client to access real-time market information, perform technical market analysis, initiate Transactions, place, modify, or cancel orders, receive notifications from the Company, and maintain records of Transactions.
Open Position: A transaction involving the purchase or sale of a contract that remains open until an opposite transaction is made to close it.
Order: An instruction provided by the Client to the Company.
Parties: The entities or individuals bound by this Agreement.
Pending Order: An instruction to buy or sell at a specified price that is different from the current market price.
Quote: The Bid and Ask prices associated with a CFD or FX Currency Pair.
Quote Currency: The second currency listed in a Currency Pair.
Rules: Refers to the laws, regulations, directives, procedures, and customs that apply at any given time.
Services: The offerings provided by the Company as specified within this Agreement.
Spread: The difference between the Bid and Ask prices quoted for a market, which may vary from typical market spreads.
Stop Out: The situation where the Client’s equity-to-balance ratio falls below the stop-out level set for the Client’s account type, prompting the Company to close some or all of the Client’s Open Positions at the current market price, or the last available price, to restore the equity-to-balance ratio above the specified stop-out level.
Swap or Rollover: The interest that is either added to or deducted from a position that remains open overnight.
Swap Rates: The fixed rate at which the swap occurs for one of the parties involved in a Financial Instrument.
Trade Confirmation: A message from the Company to the Client confirming that an Order has been transmitted for execution.
Transaction: An Order that has been executed.
The Company: Refers to Voltomatix.
Website: Refers to www.Voltomatix.com or any other websites associated with the Company’s trade names.
The Client agrees to provide the Company with any funds requested as margin, in accordance with the applicable Rules of any relevant Market (if applicable), or as the Company may reasonably consider necessary to protect itself from potential loss or risk associated with existing, future, or proposed transactions under this Agreement.
Unless another arrangement is agreed upon, the margin must be provided in cash. Payments made in cash as margin are considered a complete transfer of ownership to the Company, with the Client waiving any entitlement to interest on these funds. The cash margin received will be regarded as a repayment obligation of the Company to the Client.
Additionally, without limiting any rights the Company may have under this Agreement or applicable regulations, the Company holds a general lien on all funds held by the Company, its Associates, or nominees on behalf of the Client until the Client’s obligations are fully satisfied.
The Company reserves the right, in addition to any other rights provided under this Agreement, to close or reduce the size of the Client’s open positions (whether new or gross), to refuse the opening of new positions, or to adjust trading conditions, including but not limited to changes in interest rates, leverage, spreads, or fees. The Company may exercise these rights under various conditions, such as:
a) When the Company determines that market conditions are irregular; or b) When the Account has reached the Stop Out level. If the Client’s margin level reaches or falls below the Stop Out level specific to the Client’s account type, some or all positions may automatically be closed at the current market price until the margin level is restored above the Stop Out threshold for that account type.
If the Client’s overall exposure across one or more margin trades reaches a point where unfavorable market movements could cause a significant deficit not covered by the Client’s deposits and/or margin with the Company, the Company may, at its reasonable discretion, a) Raise margin requirements and/or b) Reduce the Client’s exposure by closing one or more or all open positions at the current market price.
The Client acknowledges that margin trading carries substantial risk, with the potential for both significant profits and substantial losses. Therefore, the Client should carefully consider whether this type of trading is suitable for their financial situation.
The Client confirms and warrants that the information provided in the Client Application Form is complete, accurate, and not materially misleading.
The Company is committed to preserving client privacy and protecting personal information. Our Privacy Policy, available on our Website, explains how we collect, use, and safeguard your data. By using our services, you agree to the terms outlined in our Privacy Policy.
By opening an account with the Company, the Client authorizes the Company to disclose information as required by applicable Rules or as necessary to fulfill the Company’s obligations under this Agreement.
The Company will not be liable for any losses or damages, whether direct, indirect, or consequential, resulting from the use of the Website or services, except in cases of gross negligence, fraud, or intentional misconduct.
If any part of this Agreement is found to be invalid or unenforceable, the remaining provisions will continue to be in full force and effect.
This Agreement is governed by and construed in accordance with the laws of the jurisdiction in which the Company is incorporated, and any disputes related to this Agreement will be resolved exclusively in the courts of that jurisdiction.