TERMS & CONDITIONS

 

1. TRADING

 

1.1 AUTHORIZATION TO TRADE

 

By applying to open an account with FxToday, the customer agrees to the terms and conditions of this Agreement and automatically acknowledges and accepts them.

 

FxToday reserves the right to maintain one or more accounts in the customer’s name and to engage in transactions on behalf of the customer based on oral, written, or electronic instructions provided by the customer or its authorized representatives, including officers, partners, principals, employees, or agents ("Representatives").

 

The risk of unauthorized instructions by the customer’s Representatives is solely borne by the customer. The customer agrees to indemnify and hold FxToday harmless from any claims, liabilities, losses, damages, fees, costs, and expenses arising from reliance on such instructions, including unauthorized or fraudulent instructions, except in cases of gross negligence or willful misconduct by FxToday.

 

Unless explicitly stated otherwise in writing, all transactions between FxToday and the customer shall be governed by this Agreement, including any amendments and additional policies such as FxToday’s Risk Disclosures and Trading Policies and Procedures.

 

2. ACCOUNTS

 

2.1 ACCOUNT APPROVALS AND MAINTENANCE

 

FxToday reserves the right to reject a customer’s application or close an account at its sole discretion. Customers may be required to provide additional documents or information to maintain their accounts.

 

At any time, FxToday may restrict trading, disbursements, or transfers related to the customer’s account. FxToday also retains the right to modify this Agreement at any time, with the latest version being published on the official website (www.FxToday.com). Customers should regularly review the website for updates.

 

Restricted Territories:

 

FxToday reserves the right to block access to its services in certain jurisdictions. Customers acknowledge that FxToday is not liable if their country of residence or location becomes restricted. Currently, restricted territories include, but are not limited to:
Afghanistan, Botswana, Burma (Myanmar), Democratic Republic of Congo, Crimea, Cuba, Ethiopia, Iran, Iraq, Japan, Libya, Kenya, North Korea, Pakistan, Republic of the Congo, Russian Federation, Somalia, Spain, Sudan, Syria, Trinidad and Tobago, Tunisia, Yemen, Zimbabwe.

 

Customers acknowledge that their accounts are segregated in FxToday’s books and records only. Funds are not FDIC-insured and are held with a liquidity provider selected by FxToday at its discretion.

 

2.2 JOINT ACCOUNT OWNERS

 

If an account is held jointly by more than one person, all joint holders share full liability for the obligations under this Agreement.

In case of an account held in trust, joint ownership, or partnership, all holders agree to indemnify and hold FxToday harmless from any losses caused by breaches of fiduciary duties.

 

Any joint owner may perform transactions independently, including deposits, withdrawals, and trading. FxToday may terminate the Agreement upon the death or legal incapacity of any joint owner.

 

Customers must notify FxToday immediately in the event of such circumstances.

 

2.3 MARGINS AND DEPOSIT REQUIREMENTS

• Customers must maintain sufficient margin as required by FxToday, which may change at any time without notice.
• FxToday may increase or decrease margin requirements at its discretion.
• FxToday may limit the number of open positions a customer may hold.
• In volatile market conditions, margin calls may be delayed, and customers must be aware that hedged positions may still face margin calls due to price fluctuations or interest charges.

 

2.4 ROLLOVERS

 

At its sole discretion, FxToday may:

• Offset a customer's open positions,
• Rollover positions to the next settlement period, or
• Make or receive deliveries on behalf of customers.

 

Customers acknowledge that positions held at 5 PM EST may be rolled over, with the account being debited or credited for the interest differential.

 

2.5 SETTLEMENT DATE OFFSET INSTRUCTIONS

 

Customers must provide settlement offset instructions at least 1-3 business days before the settlement date. If no instructions or funds are received, FxToday may offset or roll over positions without prior notice.

 

 

2.6 LIQUIDATION OF ACCOUNTS

 

FxToday reserves the right to liquidate positions if:

• The customer fails to meet margin requirements.
• The customer becomes bankrupt or legally incapacitated.
• Any other event occurs that FxToday deems necessary for protection.

Actions may include:

• Selling or purchasing contracts or securities in the account.
• Canceling orders or commitments without prior notice.

 

Customers may authorize a Money Manager to make decisions on their behalf. However, FxToday is not responsible for:

• Reviewing the actions of the Money Manager.
• The validity of the Money Manager’s status.
• Losses caused by the Money Manager.

Customers agree to indemnify FxToday for any claims related to Money Managers.

 

3. CUSTOMER REPRESENTATIONS

 

3.1 GENERAL REPRESENTATIONS AND WARRANTIES

 

By entering this Agreement, the customer represents and warrants that:

• They are of legal age and mentally competent.
• They are not an employee of any exchange, broker, or regulatory body.
• They understand the risks of trading.
• They have not received any profit guarantees from FxToday.

 

3.2 DISCLOSURE OF FINANCIAL INFORMATION

 

The customer certifies that all financial information provided is accurate and truthful. Any changes in financial status must be immediately reported to FxToday.

 

3.3 CREDIT CHECK AUTHORIZATION

 

The customer authorizes FxToday to:

• Conduct credit checks.
• Contact financial institutions to verify account details.
• Share negative account information with credit reporting agencies if necessary.

 

4. ORDER MANAGEMENT

 

4.1 CANCELLATION AND MODIFICATION REQUESTS

 

Customers acknowledge that:

• Orders may not always be canceled or modified.
• FxToday is not liable if an order cannot be canceled.
• Customers should verify execution status before assuming an order is processed.

 

4.2 STATEMENTS AND CONFIRMATION

 

Trade confirmations and account statements are binding if not objected to within one (1) business day.

Customers must regularly review account statements and report any discrepancies to FxToday immediately.

 

4.3 CHARGES AND FEES

 

Customers are responsible for:

• Trading fees, spreads, and commissions.
• Account maintenance fees.
• Deposit/withdrawal processing fees.

Fees may be changed without prior notice.

 

4.4 DEPOSITS AND WITHDRAWALS

 

• Deposits and withdrawals must be processed via wire transfer, ACH, or other verifiable methods.
• Withdrawals can be made only to accounts registered under the customer’s name.
• Processing times: 2-5 business days.

 

5. COMMUNICATIONS

 

5.1 GENERAL COMMUNICATIONS

 

All communications, including account statements, will be provided electronically. Customers are responsible for maintaining an active email and checking for updates.

 

6. THIRD PARTIES

 

6.1 NO SEPARATE AGREEMENTS

 

Customers must not rely on third-party agreements or guarantees of profit. FxToday is not responsible for introducing brokers or external advisors.

 

7. COMPLIANCE AND RISK DISCLOSURES

 

• FxToday follows anti-money laundering (AML) policies and may request identity verification.
• All trading involves risk and customers acknowledge the potential for loss of all capital.
• FxToday is not responsible for technical failures, market conditions, or force majeure events.

 

8. GOVERNING LAW

 

This Agreement is governed by the laws of St. Vincent and the Grenadines.