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If the Company cannot execute the order due to price changes during the execution of the order , the limit order will wait again for the Client's determined price and will be triggered again. The Company does not obligate to perform the Transaction closure at the price predetermined by the Client due to changing market conditions.
As soon as the trading price offered by the Company reaches the target price of the limit order, the limit order shall be triggered and the Company shall seek to execute the order at the said price. In case the Company cannot execute the order due to changes in trading prices during the order execution , the limit order shall wait again for the price set by the Client and then executed.
The purchase shall be executed when the traded price of the instrument on the Platform shall reach the price set by the Client and if the order cannot be executed at the price set by the Client due to the volatility of the instrument price than the order shall be executed at the available trading price on the Trading Platform which is closest to the price set by the Client and in which the order is applicable. The sell shall be executed when the traded price of the instrument on the Platform shall reach the price set by the Client and if the order cannot be executed at the price set by the Client due to the volatility of the instrument price than the order shall be executed at the available trading price on the Trading Platform which is closest to the price set by the Client and in which the order is applicable.
Such rollovers are sometimes accommodated with overnight currencies interest differences that affect the Trading Account. In case that the Client has an open www. When a Client opens a position that its size is greater than the amount of money that was deposited by the Client, it means that the Client is making use of leverage. The Client agrees to deposit to the Company, upon demand, additional funds as required as guarantees, for securing losses in open or foreseeable.
In case the Client fails to meet such margin call, the Company may close the Client's position s at such prices and times that may be less favorable to the Client and the Company shall have no liability with the aforementioned. All data collected, whether kept in physical or computerized form, shall be safeguarded by the Company in such order that will enable to maintain the Client's Privacy and access to the information shall be restricted according to the need to provide services to the Client and the Company's operation.
Cancellation of this consents hall be performed by providing written notice to the Company, and shall apply to new publications that have not been sent. The Client is required to have prior knowledge of Forex and other. Financial Instruments trading and to consider its actions and the risks involved before making any action in the Trading Platform.
The Client acknowledges that he has read and understood the attached Risk Disclosure which is as inseparable part of this Agreement. By doing so, the Company does not undertake or obligate as to the accuracy or completeness of the information or to the trading implications or tax implications of a certain transaction. All risks associated to the above are under the sole responsibility of the Client. The Client shall personally report and pay any tax liability he is obligated to.
The Company serves as a mediator only and does not collect or withhold tax for the Client. The Company's reserve the right, if ordered by an official entity, to deduct tax from the Client and deliver it to the proper tax authority. The Client may review open transactions and the state of the Margin funds at any time by accessing the Trading Account on the Trading Platform of the Company and review reports created by the Company.
The Company does not send printed reports to the Client. The Client should immediately report to the Company of any discrepancy and bring it to its attention. All trading certificates and monthly reports shall be considered at true and acceptable by the Client if no complaint has been serviced upon their receipt. Note that the "I Agree" button is not enabled until you scroll down and read the client agreement.
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The Company is allowed to cancel the withdrawal request of the Client if, according to the Company's discretion, The remaining balance after the withdrawal is not sufficient to guarantee the open trades in the Trading Account; Client is not verified by the Company: General Bonus Policy 4. The Company may introduce additional fees and charges, and may change existing fees and charges at any time 6. There is one standard trading account at Umarkets.
I was pleased to see that a demo account is offered for beginners who wish to practice their trades before putting any of their own money at risk. Swap accounts are also available for traders that follow Sharia laws and are prohibited from taking interest on trades held overnight. Trading hours for currencies are 24 hours a day, 5 days a week, from Sunday at The Umarkets website maximizes technological advances in graphics and design.
Both newbie traders and those with years of experience behind them can benefit from the information provided page after pages by just scrolling down without having to click on any tab.
This is an easy way to navigate a site and is useful when using a mobile device to access the trading platform. Umarkets offers traders access to indices, commodities, and Forex.
What I really liked about the Umarkets site was that in addition to the main features of each asset, the product was listed on a separate page with appropriate charts for trading hours and break times, expiration rates, contract specifications and currency rates.
Trades are made with very tight spreads. When it comes to Forex trading, traders are offered access to the best trading specialists and the most advanced trading tools. Other features include low spreads, leverage from 1: Umarkets uses the services of Trading Central which is a leading investment research provider to financial market professionals.
Trading Central provides technical analysis and the use of their award-winning indicators. One of the features provided by Trading Central is the Autochartist program that informs traders of upcoming movements in the markets and keeps them alert and on target with their trades. This campaign is time limited and according to the site the offer expires on July 31 st , Anyone opening a demo account for the allotted time of two weeks receives a special promotion.
The Refer-a-Friend promo is generous.