Terms and Conditions
FiveTec Global Capital
1. Introduction
These Terms and Conditions govern the legal relationship between FiveTec Global Capital (the "Company") and any individual or legal entity that accesses the Company's website, opens a trading account, or uses the Company's products or services. This Agreement becomes effective on the date the Client accepts these Terms and Conditions and remains in force for the duration of the business relationship.
2. Definitions
For the purposes of this Agreement:
- "Client" refers to any natural or legal person who agrees to and is bound by these Terms and Conditions.
- "Account" means a trading account opened and maintained by the Client with FiveTec Global Capital.
- "Services" refer to trading in Contracts for Difference (CFDs) and any related financial or ancillary services offered by the Company.
- "Effective Date" means the date on which the Client accepts these Terms and Conditions.
3. Eligibility and Jurisdiction
The Services are available only to individuals who are at least eighteen (18) years of age and legally capable of entering into binding contracts. FiveTec Global Capital does not provide services to citizens or residents of jurisdictions where such services are restricted or prohibited by applicable laws, regulations, or internal compliance policies, including but not limited to the United States.
The list of restricted jurisdictions may be updated from time to time without prior notice.
4. Account Registration and Client Responsibilities
To access the Services, Clients must complete the account registration process and provide accurate, complete, and up-to-date information. Clients are responsible for maintaining the confidentiality of their account credentials and for all activities conducted through their accounts.
FiveTec Global Capital shall not be responsible for losses arising from unauthorized access resulting from a Client's failure to protect login credentials. The Company reserves the right to decline account applications, restrict access, or suspend or close accounts in accordance with legal, regulatory, or risk management requirements.
5. Regulatory Compliance
FiveTec Global Capital operates in accordance with applicable laws and regulatory standards, including Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and Know Your Customer (KYC) requirements. The Company may request additional information or documentation at any time to satisfy regulatory obligations.
Accounts may be restricted, suspended, or terminated where non-compliance, suspicious activity, or unlawful conduct is identified.
6. Risk Disclosure
Trading leveraged financial instruments, including CFDs, involves significant risk and may result in losses exceeding the Client's initial investment. CFDs are derivative products settled based on price movements and do not provide ownership of the underlying asset.
Clients should carefully assess their financial situation, trading objectives, and risk tolerance before engaging in trading. All trading activity is undertaken at the Client's own risk. FiveTec Global Capital does not guarantee profits or protection against losses.
7. Trading Services and Order Execution
FiveTec Global Capital provides access to trading platforms, including MetaTrader 5 (MT5), subject to platform rules and operational conditions. The submission of an order by the Client does not constitute acceptance by the Company.
The Company reserves the right to reject, cancel, or amend transactions in cases of pricing errors, abnormal market conditions, or technical issues, in accordance with fair market practices. Once an order has been accepted and executed, it cannot be modified or cancelled by the Client.
8. Margin Requirements and Position Liquidation
Clients must maintain sufficient margin at all times to support open positions. FiveTec Global Capital may close one or more positions without prior notice if margin requirements are not met or if account risk exceeds acceptable thresholds.
Account valuations are determined using reasonable mark-to-market methodologies. In extreme market conditions or force majeure events, execution, pricing, or position liquidation may be adversely affected.
9. Pricing and Quotation Errors
While reasonable efforts are made to ensure accurate pricing, errors may occur due to technical faults, market disruptions, or external factors. FiveTec Global Capital reserves the right to correct or void transactions arising from obvious pricing errors and is not obligated to honor profits resulting from such errors.
10. Leverage
Leverage is offered in accordance with applicable regulatory standards and internal risk policies. Clients acknowledge that leverage magnifies both potential gains and losses and confirm that they understand the risks associated with leveraged trading.
11. Termination
Either the Client or FiveTec Global Capital may terminate the business relationship, subject to the closure of open positions and settlement of outstanding obligations. The Company may immediately suspend or terminate accounts where required by law, regulation, or internal risk controls.
Termination does not affect any rights or obligations accrued prior to termination.
12. Limitation of Liability
To the maximum extent permitted by law, FiveTec Global Capital shall not be liable for any indirect, incidental, or consequential losses, including loss of profits, arising from trading activities, system interruptions, third-party actions, or reliance on provided information.
Clients remain solely responsible for their trading decisions and outcomes.
13. Indemnification
Clients agree to indemnify and hold FiveTec Global Capital harmless from any claims, losses, liabilities, or expenses arising from breaches of these Terms and Conditions or misuse of the Services, except where such losses result from the Company's gross negligence, fraud, or willful misconduct.
14. Governing Law and Jurisdiction
These Terms and Conditions shall be governed by and interpreted in accordance with the laws of Saint Lucia. The courts of Saint Lucia shall have non-exclusive jurisdiction over any disputes arising out of or in connection with this Agreement.
15. Confidentiality and Data Protection
FiveTec Global Capital maintains appropriate safeguards to protect Client information and may disclose such information where required by law or regulatory authorities. Personal data is processed in accordance with the Company's Privacy Policy.
16. Amendments
FiveTec Global Capital reserves the right to amend these Terms and Conditions to reflect legal, regulatory, or operational changes. Any amendments become effective upon publication on the Company's website. Continued use of the Services constitutes acceptance of the revised terms.
17. Recordkeeping and Communications
Communications between the Client and FiveTec Global Capital may be conducted via electronic means, email, or recorded telephone calls and retained in accordance with applicable recordkeeping requirements. Clients consent to such communications and data retention.
18. Miscellaneous
If any provision of these Terms and Conditions is deemed unenforceable, the remaining provisions shall remain valid and enforceable. These Terms and Conditions constitute the entire agreement between the parties concerning the Services and supersede any prior agreements or understandings.