Terms and Conditions

About Fast Securities LLC

Fast Securities LLC (hereinafter referred to as the"Fast Forex ", "we", "us", "our", or "ours " ) . This Client Agreement is between you and Fast Securities LLC.

Address: First Floor, First St Vincent Bank LTD Building James Street Kingstown St Vincent and the Grenadines

Phone: +44 7877 479 965

Email: [email protected]

Internet web : https://www.fast-forex.com/

1. General Provisions

The Client must read this agreement attentively. If he/she does not have knowledge sufficient for understanding. The provisions of this agreement, he/she is recommended to consult an independent specialist.

As of the date of conclusion of this agreement, the Client represents and warrants that:

1. The Client (in case, he/she is a physical party) is of sound mind and memory, of legal age, is not limited in legal capacity, and is fully capable of bearing legal responsibility;
2. The Client (in case, it is a corporate entity) is properly incorporated and is legally valid in accordance with the legislation of the country of its registration;
3. The execution of this Agreement will not in any way result in violation of any legislative requirements applicable to the Client, as well as any other Client's effective obligations in regard to any other third persons;
4. Payment under this agreement and its receipt by the Company is considered as unconditional adoption (acceptance) of this Agreement terms and conditions.
5. This Agreement is a web-based document which does not need to be signed. The Agreement comes into effect at the moment of acceptance by the Client.
6. The Client has the right to register only one Client’s Profile. The Client receives an electronic access to account management when registering the Client’s Profile.
7. Deposit and withdrawal operations are executed in the currency stipulated for this type of trading
8. We maintain our financial stability by hedging against large Trades and/or open position exposure. If there is anything you do not understand, or if you require clarification on any matter, please contact Client Management ermination of this Agreement will not abrogate any obligations held by either the Client or the Company regarding any outstanding transaction or any legal rights or obligations which may already have arisen under this Agreement or the Regulations, particularly relating to any open positions and deposit/withdrawal operations made on the Client's account.

2. Payments & Refunds

When payment between the Client and the Company are being processed, currency conversions will take place using the current exchange rates specified in Trading Terminal. Funds deposits by using electronic payment systems and bank cards are instant Funds deposits by using bank wire transfers and can take up to 3 business days.

1. The Client acknowledges that in case of software failure there can be delays in automated depositing funds in his/her trading account.
2. If the trading account cannot be credited automatically, the appropriate application will be fulfilled within 72 hours since the Client’s notice on crediting the trading account is received The Client’s payment instruction received, the amount to withdraw is deducted from the Client’s account balance at the moment of receiving the payment request.
3. The Client can withdraw funds from his/her account to any payment system which is accessible
4. If funds withdrawal is made via electronic payment systems, the withdrawal is possible only to the same system and with the same payment details within the system that were used to top up a trading account, and in same currency in which the deposit was made.

3. Client Verification and Identification

1. The Company has the right to require the Client to confirm his/her registration and payment information specified when registering Client’s Profile. To do so, the Company may ask the Client at its own discretion and at any time to provide a notarized electronic copy of his/her identification document, bank statement or public utilities bill as a proof of residence, photos bank card. In particular cases, the Company may ask the Client to provide a photo of him/her holding his/her ID near his/her face or apply for video verification. The copy or photos of required documents should be uploaded by client to his/her Client’s Profile. If any Client’s registration data (full name, address or phone number) have been changed, the Client is obliged to notify immediately the Company’s client support department of these changes and modify these data in his/her Client’s Profile.

4. Risk

1. Trading operations with financial instruments are associated with a high degree of risk. By accepting the terms of this Agreement, the Client, therefore, confirms that he/she understands the nature and principles of transactions with financial instruments, as well as acknowledges the risk of partial or complete loss of hi/her monetary assets when carrying out operations with financial instruments.
2. The Client understands and acknowledges that arisal of unpredictable circumstance on financial markets can have direct influence on the conditions of carrying out operations with financial instruments. The Client agrees that the Company has the right, in case of such circumstances, to take any reasonable and sufficient actions that it may consider necessary in order to protect the Client's and/or Company's interests.
3. The client understands and accepts the risks in connection with trading of the Products on the Company and using the Services as set forth above and hereinafter. In particular, but not limited to, the client understands the inherent risk of software weaknesses: there is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of Products.

5. Deposit and Withdraw

1. The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be accepted via bank transfer, debit/credit card (MasterCard, Visa) or any other method of electronic money transfer (where the originator is the Client) acceptable by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account.
2. The Client has the right, at any time, to withdraw an amount in the size not exceeding the amount of equity available on the trading account. If the Client participates in the program "Trading Credits" and has credit funds on the account (reflected in the Client's Terminal in the field "Credit"), the amount Client's withdrawal will dont be avilable in accordance with the terms of the program "Trading Credits"requests for withdrawal of funds will be processed by the Payment Department within 2 (two) working days from the moment of successful confirmation of the Client's request in the "Personal Area". Work hours of the Payment Department: Monday – Friday.
3. We may change the Service Provider used to provide a Service at any time. It’s at our discretion for legitimate business, or prudential reasons to advise you of this change, and/or b. you may need to enter into an agreement with another Service Provider in order to continue to use the Services.

6. Opening and Closing of Positions

1. The Company shall execute all Client transactions on an execution-only basis, neither managing the account nor advising the Client. The Company is entitled to execute Client transactions even if the transaction is not beneficial for the Client. The Company is under no obligation, unless otherwise agreed in this Agreement and the Regulations, to monitor or advise the Client on the status of any Client transaction, to make margin calls, or to close out any of the Client’s open positions. Unless otherwise specifically agreed, the Company is not obligated to make an attempt to execute the Client’s order using quotes more favourable than those offered through the trading platform.
2. In the event that the Company does provide advice, information or recommendations to the Client, the Company shall not be held responsible for the consequences or result received from using these recommendations or advice. The Client acknowledges that the Company shall not, in the absence of fraud, intentional failure to carry out its responsibilities or gross negligence, be liable for any losses, costs, expenses or damages suffered by the Client arising from any inaccuracy or mistake in any information given to the Client including, but not limited to, information regarding any Client transactions. Though the Company has the right to void or close any transaction in the specific circumstances set out in this Agreement or corresponding Regulations, any transaction the Client carries out following such an inaccuracy or mistake shall nonetheless remain valid and binding in all respects both on the side of the Company and of the Client.
3. Should the Company provide Swap-free accounts upon the Client’s request, the Client accepts the terms and conditions of the Agreement and agrees, amongst other things, not to be charged for swaps on any trading account. However, if the Company suspects any fraud, manipulation, swaparbitrage or other forms of deceitful or fraudulent activity related or connected to any/all of the transactions on one/several Client’s account(s) with the Company, the Company reserves the right to decide, at its sole discretion, to close all open positions on the Client’s trading account and recover costs (equivalent to the swap and/or any profit amount) for all transactions currently and/or previously made on the account, whilst declining any further requests from the Client to be exempted from any swap charges. Swap-free requests made apply to all of the Client’s trading accounts. The Company reserves the right to discontinue the provision of the Swap-free accounts without any prior notice.
4. Investors should note that to protect their interests, we may set zero stop orders where no client order has been placed to minimize losses. In this event, clients cannot lose more than their initial commitment.

7. Orders

1. The range of different Order types which we accept shall be decided by us in our absolute discretion. Certain types of Orders, such as Guaranteed Stop Loss Orders, may only be available for a limited range of Markets and how the Order will operate before you place it.
2. Orders shall be valid in accordance with the type and time of the given Order, as specified by the Client. If the time of validity of the order is not specified, it shall be valid for an indefinite period. However, the Company may delete; one or all pending orders if the Client Account Equity reaches zero.

3. The following Orders may be given by the Client:

   1. OPEN – Buy by Market, Sell by Market, Buy Limit, Sell Limit, Buy Stop, Sell Stop
   2. CLOSE – Close by Market, Stop Loss, Take Profit;
4. Any other Orders not mentioned in Paragraph are unavailable and are automatically rejected.
5. Orders cannot be changed or removed if a trade confirmation is sent or they are executed or being executed.
6. The Client has no right to change or remove Limit Orders if the price has reached the level of the Order Execution.
7. In order to change the expiry date of an Order, the Client will need to cancel the Order (subject to paragraph 7.5) and place a new Order.
8. Take Profit (T/P) Orders are released into the market as market orders when they have been triggered and as such might be susceptible to Slippage. They are executed at the best price available in the market.
9. Stop Loss (S/L) Orders are released into the market as market orders when they have been triggered and as such might be susceptible to Slippage. They are executed at the best price available in the market.
10. Limit orders are released on the market as market orders once triggered and as such might be susceptible to slippage.
11. Buy Stop and Sell Orders for opening a position are executed as described. These Orders are released into the market as market orders and as such might be susceptible to slippage.
12. Take Profit (T/P) Orders are executed as described; These Orders are released into the market as market.
13. Orders when they have been triggered and as such might be susceptible to Slippage. They are executed at the best price available in the market.
14. In relation to CFDs on single stocks, Index, commodities and bonds Limit Orders are released into the market as market orders when they have been triggered and as such might be susceptible to Slippage. They are executed at the best price available in the market.
15. Stop Loss (S/L) Orders are executed as described; These Orders are released into the market as market orders when they have been triggered and as such might be susceptible to Slippage. They are executed at the best price available in the market.
16. Buy Stop and Sell Stop Orders for the opening position are executed as described. These Orders are released into the market as market orders when they have been triggered and as such might be susceptible to Slippage. They are executed at the best price available in the market.

8. Online Trading System

The Company will not be held liable for any loss or damage or expense or loss incurred by the Client in relation to, or directly or indirectly arising from but not limited to Any error or failure in the operation of the Company Online Trading System;

1. Any delay caused by the Client Terminal;
2. Transactions made via the Client Terminal;
3. Any failure by the Company to perform any of its obligations under the Agreement as a result of Force
4. Majeure Event or any other cause beyond its control;
5. The acts, omissions or negligence of any third party;
6. Any person obtaining the Client’s Access Data that the Company has issued to the Client prior to the Client’s reporting to the Company of the misuse of his Access Data;
7. All Orders given through and under the Client’s Access Data;
8. Unauthorized third persons having access to information, including electronic addresses, electronic communication, personal data and Access Data when the above are transmitted between the Parties or any other party, using the internet or other network communication facilities, post, telephone, or any other electronic means;
9. A delay transmitting any Order for Execution;
10. Currency risk;
11. Slippage;
12. Any of the risks relating to trading materialises;
13. Any changes in the rates of tax;
14. Any actions or representations of any Introducer;
15. The Client using Trailing Stop and/or Expert Adviser;
16. The Client relying on Stop-Loss Orders.

9. Client's requests are processed through the following consecutive stages:

1. The Client makes a request which is checked for correctness in the Client’s terminal;
2. The Client’s terminal sends the request to the server;
3. The Client's request comes in the server where it's checked for correctness. The message “request was accepted by server” appears in the log of the trading terminal;
4. The Server sends the result of the processing to the Client’s terminal;
5. Once stable connection between the Client’s terminal and the Server set, the Client’s terminal receives the result of the processing of the Client's request.

10. Client identification

1. The Company has the right to require the Client to confirm his/her registration information specified when opening a trading account. To do so, the Company may ask the Client at its own discretion and at any time to provide a notarized electronic copy of his/her identification document, bank statement or public utilities bill as a proof of residence. In particular cases, the Company may ask the Client to provide a photo of him/her holding his/her ID near his/her face. The detailed client identification requirements are set out in the “AML policies” section on the Company’s official site.
2. In exceptional cases, the Company has a right to demand that the Client provide a video record or a live video where he/she is reading aloud his/her personal information in English, holding the identity document opened at the photo page close to his/her face.
3. If the Client hasn’t received a request for scanned copies of documents, the account verification procedure is not obligatory, but the Client can upload voluntarily a copy of the passport or another document confirming his/her identity to the Client’s Profile to ensure account verification. There should be taken into account some which require full profile verification according to the specificity of the Trading Platform’s operation.
4. 11. Additional Services
5. You acknowledge, that where you apply for Additional Services, you should read, understand and agree to the relevant Additional Service terms and conditions, which are made available to you on the Trading Site. If there are any inconsistencies between these terms and conditions and the Additional Services terms and conditions, the Additional Services terms and conditions will prevail, and there may be a separate verification process for an Additional Service, and until we’ve accepted you for that Additional Service, we’re not under any obligation to accept or act on any instruction in relation to that Additional Service.

11. Additional Services

1. You acknowledge, that where you apply for Additional Services, you should read, understand and agree to the relevant Additional Service terms and conditions, which are made available to you on the Trading Site. If there are any inconsistencies between these terms and conditions and the Additional Services terms and conditions, the Additional Services terms and conditions will prevail, and there may be a separate verification process for an Additional Service, and until we’ve accepted you for that Additional Service, we’re not under any obligation to accept or act on any instruction in relation to that Additional Service.