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Tribord Invest LTD provides multi asset trading platform which name is MetaTrader5 developed by MetaQuotes Ltd. (Copyright 2000-2024, MetaQuotes Ltd)
MetaQuotes Ltd is a software development company and does not provide any financial, investment, brokerage, trading or data feed services, nor it is involved and/or interfere in any way in any trading operations, nor does it open or control real trading accounts.
MetaQuotes Ltd is not responsible for any investment decision You take. You alone are solely responsible for your investment decisions and your investment research. MetaQuotes Ltd does not guarantee the quality, reliability, or reputation of any brokerage company or financial organization. It is important to understand that nothing, including regulation and publications, can guarantee the safety or fairness of a brokerage company. MetaQuotes Ltd does not guarantee the accuracy, completeness, or timeliness of third-party content, including advertising materials. Such content does not reflect our opinions or positions.
There is a technology risk inherent in trading online or via a software application, and the Customer fully acknowledges and accepts that risk. Tribord Invest LTD has invested resources in developing, testing, configuring, and integrating the Tribord Invest LTD Internet Trading Platform, and other relevant software and hardware with its software partners and other Service Providers. However, the Customer acknowledges and agrees that Tribord Invest LTD does not guarantee that the Customer will be able to successfully execute, deal, monitor positions, or perform other essential trading tasks while using the public internet and technology from Tribord Invest LTD or from third-party vendors known or unknown on which Tribord Invest LTD may rely.
Tribord Invest LTD cannot control, without limitation, the routing, internet connectivity, reliability of Customer or Tribord Invest LTD equipment, network connections, or any other technology hardware malfunction caused by Tribord Invest LTD hardware, hardware and connectivity that makes up the public internet, or hardware at the Customer’s location. Tribord Invest LTD does not guarantee, although reasonable efforts have been made, that the Tribord Invest LTD Internet Trading Platform and associated back-office and broker software interfaces or any other code or application including but not limited to the interface with Tribord Invest LTD Prime Brokers, Counterparties, and Service Providers, or other technology applications that would come under the heading software, are free of programming bugs that can cause trading, position keeping or any other required functionality of the Tribord Invest LTD Internet Trading Platform and other relevant software applications associated with Tribord Invest LTD including but not limited to clearing, liquidity, and account software from becoming inoperable or without errors.
There is no guarantee of profit from trading through Tribord Invest LTD. A return on investment is in no manner guaranteed, may fluctuate and may go down as well as up. You acknowledge that neither Tribord Invest LTD nor any of its Introducing Brokers or representatives guarantees to you that you will profit from trading or investing in OTC margined spot Foreign Exchange, Precious Metals, and/or Contracts for Difference (CFDs). You further confirm that you can sustain the total loss of your entire Risk Capital and Customer’s Money deposited in your Account and are financially able to withstand any losses incurred.
OTC margined spot Foreign Exchange, Precious Metals, and CFD trading is highly speculative and inherently high risk. You agree that you fully understand and are willing to assume the legal, economic, and other risks associated with trading in margined OTC spot Foreign Exchange, Precious Metals, and CFDs, and are willing and able to assume the loss of your entire Risk Capital, without negatively impacting your lifestyle or your family’s lifestyle. Because of the aforesaid, margined spot OTC Foreign Exchange, Precious Metals, and CFD trading may not be suitable for retirement funds. Tribord Invest LTD encourages Customers to closely manage outstanding open positions and to use prudent money management precautions such as, but not limited to, Stop Loss Orders.
Excessive leverage available with OTC margined spot Foreign Exchange, Precious Metals, and CFDs can lead to quick losses. The Customer agrees that using a high degree of leverage, defined as the use of a small amount of capital to control a larger amount in an open position, can result in large losses due to a price change(s) of open positions with Tribord Invest LTD.
Tribord Invest LTD allows leverage on most currency pairs, which leverage shall depend on the type of client and their experience. For example, a 100:1 leverage allows the Customer to control a $100,000 position with $1,000 in an Account. Tribord Invest LTD encourages each of its Customers to use only that portion of leverage that they are most comfortable with and to use money management precautions such as, but not limited to, Stop Loss Orders for the purpose of managing risk.
Furthermore, you agree that Tribord Invest LTD reserves, at its sole discretion, the right to reduce or increase the amount of leverage given on any Instrument at any time and without notice.
OTC margined spot Foreign Exchange, Precious Metals, and CFDs trading experiences periods of substantial liquidity risk. The Customer acknowledges that liquidity risk, resulting from decreased liquidity of a currency pair or CFD, is usually due to unanticipated changes in economic and/or political conditions. Each Customer also acknowledges that liquidity risk can affect the general market in that all participants experience the same lack of buyers and/or sellers.
With decreased liquidity it is customary for Customers to experience wider bid to ask spreads as the supply of available bid/ask prices, outstrips the demand. Decreases in liquidity can also result in “Fast Market” conditions where the price of a currency pair moves sharply higher or lower or in a volatile up/down pattern without trading in an ordinary step-like fashion. In some instances there may exist the possibility that a trading bid and/or ask price for a CFD or Foreign Exchange pair or Precious Metals is not available (a situation where there is no liquidity). Although there may be instances when the aggregate OTC spot Foreign Exchange or Precious Metals or CFD market enters a “Fast Market” situation or periods where liquidity is in short or no supply, it is important to note that, Tribord Invest LTD’s prices, bid/ask spreads and liquidity will reflect the prevailing inter-bank market liquidity for Tribord Invest LTD.
Tribord Invest LTD reserves the right to liquidate or procure the liquidation of Customer positions that are not adequately margined. Because of the leverage available with OTC margined spot Foreign Exchange, Precious Metals, and CFDs trading and the possibility of extreme volatility, Tribord Invest LTD reserves the sole unfettered and discretionary right to liquidate a Customer’s Account should the Margin not be sufficient to cover the potential risk of loss.
Required margin levels are indicated on Tribord Invest LTD’s trading platforms. Should a Customer’s Account value go below the Liquidation Level, Tribord Invest LTD reserves the right to automatically liquidate the customer’s Open Position. Tribord Invest LTD reserves the right to change the Liquidation Level at its sole and unfettered discretion. No claim shall lie against Tribord Invest LTD as a result of any liquidation / margin callouts.
Prices from Tribord Invest LTD are independent of prices of other institutions and businesses. The Customer acknowledges that the prices reported by Tribord Invest LTD for buying and selling currency pairs can differ from the prices displayed elsewhere or from those of liquidity providers in the Interbank Market. Differences can result from, but are not limited to, changes in liquidity from Interbank liquidity providers and Counterparties.
Tribord Invest LTD expects that in most cases the prices provided to its clients will be in line with the general Inter-bank Market but Tribord Invest LTD does not represent, warrant or covenant, explicitly or implicitly, that this will always be the case.
Rollover rates for open positions in spot Foreign Exchange / Precious Metals are determined by Tribord Invest LTD and are independent of prices found elsewhere in the Interbank Market. By signing this Agreement, each Customer acknowledges that all existing spot open positions that remain open by the end of Business Day are automatically rolled over to the next available spot settlement date at a net debit or credit to a Customer’s Account as determined by spot interest rates determined solely by Tribord Invest LTD.
By way of illustration, if a Customer is long (has bought) on a currency that has a higher spot interest rate than the currency on which such Customer is short (has sold); such Customer can expect a net credit added to the Customer’s Account value at the end of the day.
If a Customer is short (has sold) a currency that has a higher spot interest rate than the currency on which such Customer is long (has bought), such Customer can expect a net debit subtracted from the Customer Account Value at the end of the day. Rollover debits and credits are also influenced by the number of days that the position must be rolled over.
Year-end and quarter-end periods can also cause unusual spikes in short-term interest rates that may cause temporary spikes in rollover debits and credits. Each Customer acknowledges that there exists a rollover risk to open positions. Tribord Invest LTD will display the rollover debits or credits for the respective spot Foreign Exchange / Precious Metals on its Website or Internet Trading Platform and automatically periodically update Customer reports to reflect the cash flow. Tribord Invest LTD reserves the right to change the credits or debits at its sole discretion if the original amounts are incorrect due to an error or omission.
There is no guarantee that Tribord Invest LTD will be able to execute Orders such as Stop Loss Orders, Limit Orders or OCO Orders, at the price the Customer designates. Customer acknowledges and agrees that there may be market, liquidity, or other conditions that will prevent Tribord Invest LTD from executing a Customer’s specific Orders such as Stop Loss Orders, Limit Orders or OCO Orders at the Customer designated price. In some cases, the orders will be executed at prices that are less favorable to the price entered and desired by the Customer. The Customer acknowledges and agrees that the Customer is still responsible and liable for deals executed at levels different from their orders and that Tribord Invest LTD is not liable for failure to do so.
The Customer is obliged to control his/her own account and manage the profit and losses on his/her accounts by him/herself. Tribord Invest LTD will not offer any types of risk control, such as margin monitoring in real-time. This means also that if the Customer uses third parties to manage his account (Agents), Tribord Invest LTD will not be liable for those agreements which are entered into between the Customers and third parties.
In furtherance to the relevant regulatory requirements, investment firms are requested to ensure that in the case of retail investors, maximum losses from trading CFDs, including all related costs, are limited to the total funds related to trading CFDs that are in the investor's CFD trading account. Retail clients shall benefit from negative balance protection, whereby, in exceptional circumstances, where there is a large and sudden price change, retail investors may experience a negative account value on their trading account. To prevent this, Tribord Invest LTD shall, vis-à-vis retail clients, ensure negative balance protection, thereby ensuring that an investor's maximum losses from trading CFDs, including all related costs, are limited to the total funds related to trading CFDs that are in the investor's CFD trading account. To minimize exposure, Tribord Invest LTD may, at its sole discretion, implement margin close-outs, as a result of which open positions may be closed, thereby significantly decreasing the probability of retail clients having a negative balance. No claim shall lie against Tribord Invest LTD as a result of any liquidation / margin callouts.
The Customer is obliged to keep the password strictly secret and to take the necessary measures to preclude its misuse by an unauthorized third party. For security reasons, the password must not be stored by means of software and/or hardware. It must be entered manually when using the Internet Trading Platform without exception.
Should the Customer’s password be misused for reasons solely attributable to the Customer, he/she will be liable for any damage caused to Tribord Invest LTD or to him/her or any third parties in full. This shall also apply in case Tribord Invest LTD discloses the Customer's password to a third party on the Customer's instruction (for example, in the context of the authorization of a third person by the Customer). Tribord Invest LTD reserves the right to assert its own claims for damages against the Customer.
The password must not be communicated to Tribord Invest LTD employees either. The Customer must not fulfill any other request for disclosure of his/her password either. In case of doubt, the Customer will have to change the password immediately or block access. If the Customer is not able to change the password or block access himself/herself, he/she will have to inform Tribord Invest LTD immediately, which will then block the concerned access to the Internet Trading Platform.
Tribord Invest LTD will immediately block access to the Internet Trading Platform if it has reasons to suspect that it is being misused. It will inform the Customer accordingly. This blocking will only be lifted after consulting with Tribord Invest LTD and eliminating the risk of misuse. Tribord Invest LTD shall, in particular, have the right to assign a new password to the Customer by e-mail to his/her reference e-mail address.
Tribord Invest LTD will block access at the Customer’s request as well. Such a block will only be lifted by Tribord Invest LTD when the risk of misuse is no longer present. When lifting the block, Tribord Invest LTD will assign a new password to the Customer by e-mail to his/her reference e-mail address. During the block, Tribord Invest LTD will not be liable for any damage arising for the Customer from the fact that he/she cannot use the trading platform until the risk of misuse has been eliminated and/or a new password has been assigned and activated. The Customer is obliged to avert and/or minimize any damage by placing orders by telephone. Any associated additional charges shall be at the Customer’s expense.
The Customer necessarily assumes a failure of communication risk. Although Tribord Invest LTD will have qualified representatives available by telephone during business hours to accept and execute Customer Market Orders, there exists the risk that the Customer will not be able to contact or make contact with the Tribord Invest LTD representative due to, but not limited to, communication malfunction, an overabundance of telephone orders, or any other malfunction or negligence.
The Customer acknowledges and agrees that Customer will hold harmless Tribord Invest LTD for any loss or missed trading opportunity resulting from any communication problems the Customer may encounter.
Tribord Invest LTD does not take responsibility for third-party account managers or Agents and Customer agrees to hold harmless Tribord Invest LTD, its employees, agents, Introducing Brokers, officers, directors, and shareholders from any losses sustained by the Customer as a result of actions undertaken by such third-party account manager or Agents. Should a Customer grant a third-party account manager or Agent discretionary trading authority, the Customer grants such authority for the Customer’s Account at its sole and full risk.
Tribord Invest LTD reserves the right to correct any deals executed on misquoting errors. In the case when a quoting error occurs that results in a Customer deal executed at an off-market price, Tribord Invest LTD reserves the sole unfettered discretionary right to make the necessary corrections and adjustments to the Customer’s Account whether it be in favor of the Customer or not in the Customer’s favor. Any change will be reported to the Customer via an electronic method such as but not limited to e-mail.
All market information or general recommendations made by Tribord Invest LTD or any representative of Tribord Invest LTD are for informational purposes only. Any decision by the Customer to buy or sell Foreign Exchange, Precious Metals, or enter into a CFD, or otherwise enter into any Transaction or Contract, is the sole decision of the Customer.
Market information or general recommendations made by Tribord Invest LTD or a representative of Tribord Invest LTD do not constitute investment advice or an offer to sell or buy any Foreign Exchange, Precious Metals or enter into a CFD, or otherwise enter into any Contract or Transaction. Tribord Invest LTD and its employees are not investment or trading advisor(s) and have no fiduciary duty to the Customer and are therefore not liable for any losses on trades and for any losses incurred by the Customer as a result of information or any market information or general recommendations made by Tribord Invest LTD or any representative of Tribord Invest LTD.
Customer is at risk if Tribord Invest LTD should go out of business. There is no guarantee that Tribord Invest LTD as a business will be profitable. Although clients’ accounts shall be segregated, potential creditors may enforce their claim on the accounts of Tribord Invest LTD, including but not limited to garnishee orders, which could jeopardize the capital that the Customers have in their Accounts. Customer acknowledges that in the event of insolvency, the Customer can only look to Tribord Invest LTD for performance and return of all cash, assets, collateral and Margin that the Customer may have at Tribord Invest LTD.
Tribord Invest LTD may decide to exit the OTC margined Foreign Exchange / Precious Metals and/or CFD business. Tribord Invest LTD may, in its sole discretion, decide that it does not want to continue to participate as an investment services provider in OTC margined Foreign Exchange, Precious Metals, and/or CFD trading. As a result, the Customer agrees and acknowledges that Tribord Invest LTD may liquidate all Customer positions, and return margined funds to the Customer at the sole discretion of Tribord Invest LTD, at any time and for any reason. The Customer shall not hold Tribord Invest LTD liable for any loss as a result of liquidation of the Customer’s position either on an actual basis or as a result of missed profit opportunities.
The Customer is responsible for any reporting errors. In case of reporting and confirmation errors or omissions, and/or errors in details of Transactions or Contracts including but not limited to the price at which deals were executed, the currency pair/precious metal traded, the market direction (i.e., “buy” or “sell”) of the order, the type of order and/or any errors in fees, charges, or credits to the Customer’s Account, including but not limited to charges for executing a transaction, wiring funds, rolling over positions, and/or sweeping foreign currency balances into the home currency, the Customer shall notify Tribord Invest LTD immediately upon discovery for review. In addition, the Customer is responsible for submitting details of any errors in writing to Tribord Invest LTD within 14 days of appearance and sending the complete details to Tribord Invest LTD.
Deals executed over the telephone have inherent risks. Tribord Invest LTD will accept Market Orders for deals done over the telephone and, at Tribord Invest LTD’s discretion, other types of orders may be accepted. Telephone deals are considered executed when the Tribord Invest LTD representative says, “done” and relays the complete deal details. Any given price by a Tribord Invest LTD representative over the telephone prior to execution is deemed to be an indicative price. Tribord Invest LTD reserves the right to change the indicative price given over the phone if the actual dealing price is different due to market conditions, misquote, or volatility. Tribord Invest LTD is not responsible for Customer telephone orders if the Customer cannot be heard or understood by the Tribord Invest LTD representative due to, without limitation, accent, speech defect, faulty connection, or excessive background noise at the Customer’s location or at Tribord Invest LTD. To better ensure execution, Tribord Invest LTD requires that Customers communicate in English when giving orders. Tribord Invest LTD cannot guarantee that telephone orders given in a foreign language will be executed.
The Tribord Invest LTD representative will enter the deal into the Customer’s Account. The details and effects of the deal will be reflected in the Customer’s online reports. Tribord Invest LTD does not warrant that deals done over the telephone will be done at prices that mirror the prices displayed electronically at that time over the Tribord Invest LTD Internet Trading Platform.
Tribord Invest LTD reserves the right to tape all telephone calls. Tribord Invest LTD is not responsible or liable if the tapes of the telephone calls are erased or never recorded because of error, omission or for any other reason. Tribord Invest LTD is also not liable should user names, passwords, and/or Account information be obtained knowingly or unknowingly by a third party and as a result, deals done in the name of the Customer without his or her knowledge or authorization. Customers are responsible for protecting the confidentiality of their account information.
Transactions in other jurisdictions include an inherent risk. Transactions on markets in other jurisdictions, including markets formally linked to a domestic market, may expose you to additional risk. Such markets may be subject to regulation, which may offer different or diminished investor protection. Before you trade, you should enquire about any rules relevant to your particular transactions. Your local regulatory authority will be unable to compel the enforcement of the rules of regulatory authorities or markets in other jurisdictions where your transactions have been effected.
In some jurisdictions, and only then in restricted circumstances, firms are permitted to effect off-exchange transactions and the firm with which you deal may be acting as your counterparty to the transaction. Tribord Invest LTD neither offers the right to offset, nor guarantees a market in which to offset. Therefore, it may be difficult or impossible to liquidate a position, to assess its value, to determine a fair price, or to assess the exposure to risk. For these reasons, these transactions may involve increased risks. Off-exchange transactions may be less regulated or subject to a separate regulatory regime. Before you undertake such transactions, you should familiarize yourself with the applicable rules and attendant risks.
The Customer agrees and acknowledges that Tribord Invest LTD’s liability is limited in terms of the Agreement and may also be limited under applicable laws.
The Customer acknowledges that taxes and/or costs may exist that are not imposed by or paid through Tribord Invest LTD. The levels and bases of taxation are dependent on individual circumstances and subject to change and therefore it is highly recommended that you consult a professional tax adviser.
