Informacje prawne

1. Introduction

1.1. Benefort capital (hereinafter, the Firma), whose registered office is located at 2nd Floor 25 Green Street London UNITED KINGDOM, dostarcza Clients with access to its proprietary Client portal brama and other ancillary Services (hereinafter, the Services) under terms of this Agreement (hereinafter, Agreement) to any individual or legal entity (hereinafter, Client) (defined individuals over 18 years and legal entities of non-prohibited countries in which Services are not offered).

1.2. The following documents are integral part of this Agreement:

a) Risk disclosure; 
b) Regulations for Nien-Trading operations; 
c) any other applicable documents as included on Firma Website(s) and associated materials.

1.3. This Agreement and documents listed above are collectively referred to as the “terms of business”.

1.4. The terms of business should be carefully read by Client, as it governs all the Client’s Trading and non-Trading operations. By accepting terms of this Agreement, the Client also akceptuje terms of business as listed below.

1.5. The terms of this Agreement shall be considered as zaakceptowane unconditionally by the Client upon Firma’s receipt of advance payment made by Client in accordance with this Agreement.

1.6. As soon as Firma receives Client’s advance payment, every operation made by Client in Client portal or with associated Trading platform(s) shall be Subject to terms of business.

1.7. The Client and Firma entering into Each operation in Client portal or in the associated Trading platform as principals, and Firma DOES not act as an agent on Client’s behalf. The Client shall be directly and fully responsible for fulfilling all of his/her obligations regarding his/her operations within Client portal or on associated Trading platform. If Client acts on behalf of someone else, regardless of whether that individual is identified, the Firma shall not view that individual as Client and shall not bear any responsibility to him/her unless otherwise specifically agreed.

1.8. The terms used in this 
Agreement are defined in Clause 17.

1.8.1. «payment» shall mean deposit of funds by Client to pay for future expenses.

1.8.2. «Base currency» shall mean first currency in the currency pair, against which Client buys or sells quote currency.

1.8.3. «Saldo» shall mean total financial result of all completed transactions and deposit/withdrawal operations on account handlowe.

1.8.4. «Credit/card debetowa» shall mean thin plastic card that contains identification information, with help of which cardholder can pay for purchases and Services, as well as withdraw cash from account.

1.8.5. «currency Pair» shall mean object of transaction, based on change in value of one currency against another.

1.8.6. «Website» shall mean Firma’s website at Benefort capital

1.8.7. «Client’s External account» shall mean bank and/or electronic account of Client or Client’s Authorized person.

1.8.8. «Long position» shall mean Buy position that appreciates in value if market prices increase. regarding currency pairs: buying base currency against quote currency.

1.8.9. «Identification information» shall mean, for an individual – the passport/ID information specified in Client Registration Form, and for a legal entity – the information from registration and founding documents specified while registering.

1.8.10. «Instrument» shall mean any currency pair, cryptocurrency pair, spot metal, Agreement for difference and other financial instruments offered by the Firma.

1.8.11. «Client account» shall mean any account opened by the Client at Firma including transitory accounts, Trading accounts, partner accounts, manager’s accounts, investor’s accounts and other account typy.

1.8.12. «Short position» shall mean Sell position that appreciates in value if market prices fall. regarding currency pairs: selling the base currency against quote currency.

1.8.13. «Rate» shall mean value of base currency in the terms of quote currency.

1.8.14. «Client portal brama» shall mean Client’s personal page on Firma’s website, access to which is secured by login and password. This service is provided to Client by Firma on basis of Client Agreement concluded between Firma and Client.

1.8.15. «margin Trading» shall mean Trading using leverage, where the Client may make transactions of certain size, while having significantly less funds on their account handlowe.

1.8.16. «inactive account handlowe» shall mean Client’s Trading account which has not had open position, pending order, or non- Trading operation in a 3 month period.

1.8.17. «Client transactions» shall mean instructions and requests by Client to Firma in relation to their Trading and non-Trading operations in Clients portal and Trading platforms.

1.8.18. «Open position» shall mean result of first part of completed transaction. In this case Client shall be obliged to:

a) make counter transaction of same volume 
b) maintain equity Nie lower than necessary margin level (this level may vary depending on account type. For More information, Please refer to Firma’s Website).

1.18.19. «Written Notification» shall mean electronic document (including emails, internal mail on Client terminal etc.) or announcement on the “Firma News” page on Website. A written notice is considered to be received by Client:

a) an hour once it has been sent to Client’s email address; 
b) an hour after the news has been published on Website.

1.18.20. «instruction» shall mean Client’s instruction to the Firma to open/close position, place, remove or change level of pending order.

1.18.21. «withdrawal request» shall mean instruction given via the Clients portal account on Firma website to withdraw funds from Trading account and transfer them to Client’s external account.

1.8.22. «Server» shall mean all programs and technology used to make and carry out Client’s instructions, as well as presenting Trading information in real-time, with consideration of mutual obligations of Client and Firma in correspondence with relevant Regulation.

1.8.23. «Spread» shall mean difference between Ask and Bid prices.

1.8.24. «Trading platform» shall mean all programs and technology that present quotes in real- time, allows placement/modification/ deletion of orders and calculate all mutual obligations of Client and Firma. For the purposes of simplification for this Agreement, a Trading platform consists of a server and Client terminal.

1.8.25. «Client’s Authorised person» shall mean:

a) an individual over 18 years, citizen and/or tax resident of any country, except for those countries in which Firma does not offer given service, Authorized to perform or receive non-cash (bank and/or electronic) transfers on behalf of the Client, for purpose of crediting funds to Client’s account or withdrawing funds from the Client’s account;
b) a legal body or entity of another business legal structure, organized under existing laws of any country, except for those countries in which the Firma does not offer given service, Authorized to perform or receive a non-cash (bank or/and electronic) transfer on behalf of Client for purpose of crediting funds to Client’s account or withdrawing funds from Client’s account.

1.8.26. «force Majeure» shall mean lack of conformity of the terms and terms of Firma and terms i postanowienia of counterparty, current market situation, possibilities of software or hardware of Firma or other situations which cannot be foreseen.

2. Services

2.1. Subject to Client fulfilling obligations under this Agreement and the Regulations, the Firma shall provide Client with ability to make operations offered within Client portal and terms of business.

2.2. The Firma is merely providing technological platform to Client and process the transactions on execution- only basis, neither managing account nor advising the Client. The Firma shall process Client’s transactions even if the transactions shall result in loss for Client. The Firma is under Nie obligation, unless otherwise agreed in this Agreement and terms of business, to monitor or advise the Client on status of any Client transaction, to make margin calls, or to close out any of Client’s open positions. Unless otherwise specifically agreed, the Firma is not obligated to make attempt to execute Client’s order using quotes More favorable than those offered through Trading platform.

2.3. The Client shall not be entitled to demand Firma to provide investment or Trading advice or any information intended to encourage Client to make any particular transaction.

2.4. In event that Firma does provide advice, information or provide advice, information or recommendations to Client, the Firma shall not be held responsible for consequences or result received from using these recommendations or advice.

The Client acknowledges that Firma shall not, in absence of fraud, intentional failure to carry out its responsibilities or gross negligence, be responsible for any losses, costs, expenses or damages suffered by Client arising from any inaccuracy or mistake in any information given to Client including, but not limited to, information regarding any Client transactions. Though Firma has right to void or close any transaction in specific circumstances set out in this Agreement or terms of business, any transaction Client carries out following such inaccuracy or mistake shall nonetheless remain valid and binding in all respects both on side of the Firma and of Client.

2.5. The Firma shall not execute or process physical delivery of currency in the settlement of any Trading operation. profit or loss in deposit currency is deposited to/withdrawn from Client’s account handlowe immediately after position is closed.

2.6. The Firma, partners of Firma or other affiliated parties may have material interest, a legal relationship or arrangement concerning specific transaction in Clients portal or in Trading platform or interests, relationships, or arrangements that may be in conflict with interests of Client. By way of example, the Firma may:

a) act as Principal concerning any instrument on Firma’s own account by selling to or buying instrument from Client; 
b) combine Client’s transaction with that of another Client; 
c) buy or sell instrument Firma offers to the Client; 
d) advise and provide other Services to partners or other Clients of Firma who may have interests in instruments or underlying assets which conflict with Client’s interests.

The Client consents to and grants Firma authority to deal with or for the Client in any manner which Firma considers appropriate, pomimo any conflict of interest or existence of any material interest in any transaction in Client portal or in Trading platform, bez wcześniejszego powiadomienia of Client. The Firma’s employees are required to agree with polityka of impartiality and to disregard any material interests or conflicts of interest when advising Client.

2.7. The Firma may periodically act on Client’s behalf in relations with parties with whom Firma or another affiliated party has Agreement permitting Firma to receive goods or Services. The Firma ensures that such arrangements shall operate in the best interest of Clients, for example, arrangements granting access to information or other benefits/Services which would not otherwise be dostępny.

2.8. should Firma provide Swap-free accounts upon Client’s request, the Client akceptuje terms i postanowienia of Agreement and zgadza się, amongst other things, not to be charged for swaps on any account handlowe. However, if Firma suspects any fraud, manipulacja, swap- arbitrage or other forms of deceitful or oszukańczy activity related or connected to any/all of transactions on one/several Client’s account(s) with Firma, the Firma reserves right to decide, wyłącznie według jej ustaleń, to close all open positions on Client’s account handlowe and recover costs (equivalent to swap and/or any profit amount) for all transactions currently and/or previously made on account, podczas declining any further requests from Client to be exempted from any swap charges.

Swap-free requests made zastosuj to all of Client’s Trading accounts. The Firma reserves right to discontinue provision of Swap-free accounts without any prior notice.

2.9. The Firma aims to provide cutting- edge Services to Clients and Client gwarantuje that it will make use of Services in fairness and with honestly. Shall Firma detect or suspect fraud or other manipulacja including, amongst others, latency arbitrages, dishonest scalping or others, the Firma reserves right to unilaterally wznowić account of Client and to recalculate all open and close positions to reflect market terms. In such event, the Firma reserves right to deposit/withdrawn fund from Client’s account.

3. Client Requests and Instructions

3.1. The Firma przetwarza and wykonuje Client requests and instructions in accordance with terms of business.

3.2. The Firma is entitled to decline Client’s request or instruction if any of the terms set out in terms of business have not been satisfied before the request or instruction is przetworzone by Firma. However, the Firma may, at its sole discretion, zaakceptuj and execute Client request or instruction, pomimo the lack of compliance with terms of business.

If Firma wykonuje Client request or instruction and subsequently becomes aware of naruszenie of terms of terms of business, the Firma may act in accordance with terms of business.

4. Netting

4.1. For transactions between Client and Firma, a conversion will take place using current exchange rates in accordance with terms of business.

4.2. If accrued amount owed Firma by Client under terms of business is equal to accrued amount owed Client by Firma, the obligations of both sides will be canceled out.

4.3 If accrued amount owed by one party under terms of business exceeds the accrued amount owed by other party, then party with larger accrued amount shall pay excess to other party and following which all obligations to pay will be automatically satisfied and discharged.

4.4. The Client is obligated to pay any amount wymagalne, including all commissions, charges and other costs determined by Firma.

4.5. The Client may not transfer rights, vest responsibilities, or otherwise transfer or purport to assign rights or obligations under terms of business without the Firma’s written notice. any purported assignment or transfer in naruszenie of this warunek shall be considered void.

5. payments

5.1. The Client may deposit funds to Client account at any time.

5.2. Fund deposit to and withdrawal from Client’s account shall be governed by the terms of business for Nien-Trading operations.

5.3. If Client is under obligation to pay any amount to Firma which exceeds the equity of account, the Client shall pay excess within 2 business days of the obligation arising.

5.4. The Client acknowledges and zgadza się that (without prejudice to any of the Firma’s other rights to close out Client’s open positions and exercise other domyślnie remedies against Client in accordance with Regulations) where sum is wymagalne and payable to Firma in accordance with terms of business and sufficient cleared funds have not yet been credited to Client’s account, the Firma shall be entitled to treat Client as having failed to make payment to Firma and to exercise its rights under terms of business.

5.5. The Client shall hold full responsibility for accuracy of payments wykonane. If the Firma bank details change, the Client shall bear full responsibility for any payments carried out to outdated bank details from moment new details are published in Client portal brama.

5.6. Acceptance of payments by Clients of Firma by means of international card payment systems can also be carried out by official partners of Firma, information about which is provided in terms of business for Nien-Trading operations and in Clients portal.

6. Client funds and Interest

6.1. Client funds are held on Firma accounts including segregated accounts opened in the Firma’s name for holding Client funds separate from Firma’s funds.

6.2. The Client acknowledges and zgadza się that Firma will not pay interest to the Client on funds located on Client accounts. The Firma reserves right to establish when and how much interest it will pay on Client funds.

6.3. using of bonuses Firma may add Bonus to account handlowe.

The amount of Bonus depends on size of Client’s deposit or terms of the personal offer made by Firma to Client, under which Bonus funds are credited to Client.

Bonus funds credited to Client’s account handlowe are not financial obligation from the side of Firma to Client.

The funds in Client’s account handlowe are dostępny for withdrawal only after the Client completes required Trading turnover on his account.

The size of mandatory turnover is equal to amount of Bonus multiplied by his leverage. The Bonus leverage is equal to 35, and for bonuses, the size of which is More then 50% of total deposit of Client, the leverage equals 40.

Bonus offers may be limited in czas trwania.
trades with a “Nie income” result (in case the strike price of asset is equal to expiration price) are not counted when calculating mandatory Trading turnover made by Client.
Refusal from the Bonus or its cancellation is possible only if there were Nie Trading operations on the account starting from moment Bonus funds were credited.

Upon expiration of Bonus offer, the Bonus accrued within its framework may be debited from Client’s account handlowe.
The Bonus is cleared if saldo of the Client’s account handlowe falls below minimum allowable trade’s size.

7. Complaints and Disputes

7.1. The procedura for handling complaints and disputes is described in the corresponding terms of business.

8. Communications

8.1. The rules for communication between Client and Firma are set out in the terms of business.

8.2. The Client shall Prześlij all Trading instructions through Trading platforms. For specific account typy, the Client may get Telefon support.

8.3. The Client shall Prześlij requests to debit or credit funds only via Client portal brama and in accordance with terms of business for Nien-Trading operations.

8.4. By accepting terms of this Agreement, the Client also zgadza się to receive emails from Firma to Client’s personal email address and SMS messages to the mobile telephone number registered in Client portal.

9. Time of Essence

9.1. The time okresy of fulfillment by Client and Firma of their obligations shall be essential warunek of all terms of business.

10. zdarzenia of domyślnie

10.1. Each of following circumstances constitutes event of domyślnie:

a) Client’s failure to pay any wymagalne amount under corresponding terms of business; 
b) Client’s failure to fulfill any obligation to Firma; 
c) the initiation of proceedings by third party for Client’s bankruptcy or for Firma’s liquidation (if Client is legal entity), or for appointment of an administrator or receiver in respect of Client or any of Client’s assets (if the Client is legal entity), or (for both legal entities and individuals) if the Client makes Agreement or arrangement with their creditors concerning settlement of their debt or any other analogous procedura is initiated regarding the Client; 
d) każda reprezentacja lub gwarancja made by Client in Clause 11 hereof is or becomes false; 
e) Client’s inability to pay długi gdy są wymagalne; 
f) if the Client dies or becomes prawnie niezgodne; 
g) any other okoliczność where
the Firma reasonably believes that it is necessary or desirable to take any action set out in Clause 10.2 hereof.

10.2. In cases of zdarzenia of domyślnie by Client, the Firma may, at its sole discretion, at any time and without poprzednia wiadomość pisemna to Client, take one or More of following steps:

a) close out all or any of Client’s open positions at current quote; 
b) debit Client’s account for amounts owed to Firma; 
c) close any or all of Client’s accounts held within Firma; 
d) refuse to open new accounts under Client’s name.

11. Representations and warranties

11.1. The Client shall represent and gwarantuj that:

a) all information presented in this Agreement, the terms of business and Client Registration Form is true, complete and accurate in all material respects; 
b) the Client gwarantuje that he shall be treated as Profesjonalne Client as per MIFID I and MIFID II definitions. As result, the Firma will treat Client as a Profesjonalne Client and Client explicitly waive any rights or protection arising from opting out the retail status with Firma; 
c) the Client explicitly acknowledges that the Firma is not regulated in any jurysdykcje and that Services offered are not regulated within territory of Cyprus. As consequence, the Client przyznaj that the Firma cannot offer him same level of protection as other regulated entities; 
d) the Client is duly Authorized to enter into this Agreement, to issue instructions and requests and to fulfill his/her obligations in accordance with terms of business; 
e) the Client acts as principal; 
f) the Client is individual who submitted the Client Registration Form or if Client is legal entity, the person who provided the Client Registration Form on Client’s behalf is duly Authorized to do so; 
g) all actions performed under Regulations will not violate any legal, ordinance, charter, by-legal or rule applicable to Client or in jurysdykcja in which the Client is resident, or any Agreement by which Client is bound or that concerns any of Client’s assets; 
h) any Trading systems used by Client are not targeted at exploiting any weakness in Firma’s software; 
i) the Client gwarantuje that he is NOT USA resident, resident of Canada, of Japan, Australia and New Zealand.
j) the Client acknowledges that Firma is not acting as tax Agent in any jurysdykcje, therefore any revenues, profit or loss arising from Client’s Trading activities shall be duly reported by Client to relevant tax authorities (if any).

11.2. If Client breaches clause 11.1 of this Agreement, the Firma has right to void any position or close out any or all of Client’s positions at current price at any time, wyłącznie według jej ustaleń.

12. Governing legal and jurysdykcja

12.1. This Agreement is governed by laws of Cyprus.

12.2. With respect to any proceedings, the Client nieodwołalnie:

a) zgadza się that courts of Cyprus shall have wyłączny jurysdykcja to settle any proceedings regarding this Agreement; 
b) submits to jurysdykcja of the courts of Cyprus; 
c) waives any objection which Client may have at any time to laying of any proceedings brought in any such court; 
d) zgadza się not to claim that such proceedings have been brought in inconvenient forum or that such court does not have jurysdykcja over Client.

12.3. The Client nieodwołalnie waives to fullest extent permitted by applicable laws of Cyprus, with respect to Client and Client’s revenues and assets (regardless of their use or intended use), all immunity (on grounds of sovereignty or other similar grounds) from (a) suit, (b) jurysdykcja of any courts, (c) relief by way of injunction, order for specific performance or for recovery of property, (d) attachment of assets (whether before or after judgement) and (e) execution or enforcement of any judgement to which Client or Client’s revenues or assets might otherwise be entitled in any proceedings in courts of any jurysdykcja and nieodwołalnie zgadza się to extent permissible by legal of Cyprus not claim any such immunity in any proceedings.

The Client consents to satisfying all requirements and court orders in connection with such proceedings, particularly, but not limited to, those regarding any of the Client’s assets.

12.4. Where this Agreement and Regulations are issued in language other than English, the English language version shall mieć pierwszeństwo in event of any conflict.

12.5. The Firma will communicate with Client in English, Russian or other languages as per mutual Agreement, however agreements Firma concludes with Client shall be in English.

13. limitation of responsibility

13.1. The Client will indemnify Firma for all liabilities, costs, claims, demands and expenses of any nature which Firma suffers or incurs as direct or indirect result of any failure by Client to fulfill any of obligations under the terms of business.

13.2. The Firma shall in Nie circumstances be responsible to Client for any consequential direct or indirect losses, loss of profits, missed opportunities (wymagalne to subsequent market movement), costs, expenses or damages Client may suffer in relation to this Agreement, unless otherwise agreed in terms of business.

13.3. The Client does not have right to give third parties access passwords to the Trading platform or Client portal brama and zgadza się to keep them secured and poufny. all actions related to fulfillment of terms of business and/or the usage of logins and passwords are considered wykonane by Client. The Firma does not bear responsibility for bez zezwolenia use of registration dane by third parties.
13.4. The Client acknowledges and akceptuje that Trading in leveraged or non-leveraged Produkty is highly speculative as specified in Ujawnienie risks on the Firma’s Website. Shall Client does not understand Risk disclosure; the Firma recommend Client to seek independent advice or Kontakt his customer representative. The Client acknowledges and akceptuje that leveraged or non-leveraged Produkty may bring significant risks, including, but not limited to, legal and financial risks to extent of causing unlimited losses, without any guarantee of retaining the capital invested or generating any profits. The Client acknowledges and akceptuje that Trading leveraged or non- leveraged Produkty are suitable only for Profesjonalne individuals who are able to bear financial losses risking their initial wpłaty and who have financial comfort to suffer znaczny losses without impact on their living standard.

14. force Majeure

14.1. КThe Firma may, having just cause, determine that force Majeure event (uncontrollable circumstances) exists, in which case Firma will, in wymagalne course, take reasonable steps to inform Client. force Majeure circumstances includes without limitation:

a) any act, event or occurrence (including, without limitation, any strike, riot or civil commotion, terrorism, war, act of God, accident, fire, flood, storm, interruption of power supply, communication equipment or supplier failure, hardware or software failure, civil unrest, government sanction, blockage, embargo, lockouts) which, in the Firma’s reasonable opinion, prevents Firma from maintaining market stability in one or More of instruments; 
b) the zawieszenie, liquidation or closure of any market or imposition of limits or special or unusual terms on Trading on any such market or on any such event.

14.2. If Firma determines with just cause that force Majeure event exists (without infringing any other rights under terms of business), the Firma may at any time and without giving prior written powiadomienie take any of following steps:

a) increase margin requirements; 
b) close any or all open Client positions at prices Firma reasonably considers fair; 
c) wznowić or modify the application of any or all terms of terms of business to extent that the force Majeure event makes it impossible or impractical for Firma to agree with them; 
d) take or not take action concerning Firma, the Client and other Clients as the Firma deems to be reasonably appropriate in circumstances.

14.3. The Firma does not bear responsibility for not fulfilling (improperly fulfilling) its obligations when prevented from doing so by force major circumstances.

15. Miscellaneous

15.1. In case that Firma receives request for refund of the transaction, the Firma reserves right to freeze current saldo of Client for the refund amount until end of proceedings on this issue.

15.2. In absence of Trading activity on Client’s account for More than 30 (thirty) days, since last aktywny position is closed, the Firma has right to opłata opłata for maintaining this account handlowe at Rate of $50 per month.

15.3. In absence of Trading activity on Client’s account for More than 3 (Trzy) months or in absence of pieniądze on Client’s account for More than 1 (one) month, the Firma has right to consider this account to be inactive, close it and transfer it to archive.

15.4. The Firma has right to wznowić service to Client at any time for any justified powód (powiadomienie of Client is not required).

15.5. In event that situation arises that is not covered under terms of business, the Firma will resolve matter on basis of good faith and fairness and, when appropriate, by taking action consistent with market practice.

15.6. Nie single or partial exercise or failure or delay in exercising any right, power or privilege (under this Agreement or at legal) by Firma shall constitute waiver by the Firma of, or impair or preclude any exercise or further exercise of that or any other right, power or środek zaradczy arising under Regulations or legal obowiązujące.

15.7. The Firma may in whole or in part release Client from responsibility stemming from the latter’s naruszenie of terms of terms of business during period of it being in force or, alternatively, may reach compromise decision. In this case, all violations, regardless of how long ago they were committed and in connection with which the Firma may file grievance with Client at any time, are taken into consideration. The above stated terms do not prevent Firma from exercising its other rights in accordance with Regulations.

15.8. The rights and remedies provided to Firma under terms of business are kumulacyjny and are not wyłączny of any rights or remedies provided under legal of Cyprus.

15.9. The Firma may transfer its rights and obligations to third party in whole or in part, Subject to wymagalne powiadomienie to Client and consent of assignee to the terms hereof and of applicable Regulations.

15.10. If any period of terms of business (or any part of any period) shall be held by a court оf competent jurysdykcja to be niewykonalny for any powód, then such period shall be deemed rozdzielny and not form part of this Agreement and terms of business, but the remainder of Agreement shall Kontynuuj to be valid and wykonalny.

16. Amendment and rozwiązanie umowy

16.1. The Client acknowledges that Firma shall have right to amend:

a) any part of this Agreement or terms of business at any time, having provided to the Client notice of such amendments; 
b) the value of Spread, swap and dividend specified in Agreement Specifications bez wcześniejszego powiadomienia to the Client; 
c) other Trading terms with written powiadomienie to Client of a minimum of 1 (one) calendar day.

Amendments come into force from date specified in notice. In event of force major circumstances at Rynki Client recognizes right of Firma to make amendments to terms of business immediately, bez wcześniejszego powiadomienia.

16.2. The Client acknowledges that Firma may introduce new Produkty and Services without providing prior powiadomienie.

16.3. The Client may wznowić or rozwiąż umowę this Agreement by giving Firma written powiadomienie.

16.4. The Firma may wznowić or rozwiąż umowę this Agreement immediately by giving the Client powiadomienie.

16.5. The Firma retains right to refuse Client for providing service of Clients portal without explanation.

16.6. rozwiązanie umowy of this Agreement will not abrogate any obligations held by either the Client or Firma regarding any outstanding transaction or any legal rights or obligations which may already have arisen under this Agreement or Regulations, particularly relating to any open positions and deposit/withdrawal operations made on the Client’s account.

16.7. Upon rozwiązanie umowy of this Agreement, all amounts owed by Client to the Firma must be settled immediately, including, but not limited to:

a) all outstanding fees, charges and commissions; 
b) any expenses incurred by terminating this Agreement; 
c) any losses and expenses sustained by the Firma in closing out any transactions or in connection with any other of Firma’s obligations initiated or caused by Client.