Please take a moment to review the following terms and conditions. By visiting this website and its pages, you agree to adhere to these Terms of Use. If you do not consent to these terms, please avoid using the website. TheFBTC retains the right to amend these Terms of Use at any time, and it is your responsibility to stay informed of any changes. Continued use of the website indicates your acceptance of any modifications or updates to these terms.
This License Agreement (referred to as the “Agreement”) constitutes a legally binding contract between TheFBTC, represented by its affiliated entities (referred to as the “Company”), and any individual or organization (referred to as the “Client”). This Agreement forms a crucial part of the public documentation that outlines the terms for the services provided by the Company, including financial and informational services.
By choosing to utilize the Company’s services or engaging with the Company in any capacity, the Client acknowledges and agrees to adhere to all terms and conditions set forth in the publicly available documents. Should the Client disagree with any provision or section of these documents (including, but not limited to, terms related to information usage), the Client must immediately cease any further engagement with the Company.
This Agreement outlines the rights and obligations of the parties involved—TheFBTC (the “Company”), its Clients, and third parties—regarding the use and distribution of information materials of any type or format published by the Company on its official website. This includes information available on other websites operated by the Company or its affiliated partners, as well as economic news transmitted through client terminals and other channels. According to this Agreement, any legal entity or individual accessing and utilizing information from the Company’s web server or trading server is considered an information user.
The terms of this Agreement apply to information published on the Company’s website, as well as information disseminated through other channels or reproduced on various media, including printed materials. Additional regulations, legal provisions, and public documents may govern specific types of information. These include, but are not limited to:
The Company’s logo is a registered trademark and is protected under applicable laws, including International Trademark Law.
Copyright for materials published on the Company’s web server by third parties is safeguarded by the laws of the authors’ countries and relevant international regulations.
Copyright for materials posted on the Company’s web server by the Company itself is protected by international copyright laws.
The Company does not accept clients from nations listed under sanctions imposed by regulatory authorities such as the Office of Foreign Assets Control (OFAC), the Financial Action Task Force (FATF), the United Nations (UN), and other sanctioning entities.
The terms used in this Agreement are defined as follows, unless otherwise specified:
Account: This denotes the transaction accounts created by the Company for the Client, allowing them to trade in FX (Foreign Exchange) or CFDs (Contracts for Difference). The Agreement between the Client and the Company includes the following documents available on the Website: (a) Privacy Policy, and (b) any additional terms published periodically on the Company’s Website(s).
TheFBTC: The entity that owns and operates this website.
Ask: The lowest price at which a seller is willing to sell a contract.
Balance: The total amount in the Client’s Account after the most recent transaction within any given timeframe.
Base Currency: The first currency listed in a currency pair.
Bid: The highest price a buyer is willing to pay for a contract.
Business Day: Any day other than Saturday, Sunday, December 25th, or January 1st.
CFDs: Contracts for Difference, which are financial derivatives involving Metals, Commodities, Futures, Options, Forwards, Stocks, or Indices.
Client Application Form: This is the form completed by the Client to apply for the Company’s Services. It is used by the Company to collect necessary details for identification, due diligence, and categorization, in alignment with global know-your-client (KYC) and anti-money laundering (AML) practices.
Contract Specifications: Refers to the detailed parameters of each lot size or type of underlying asset in a CFD or FX offered by the Company. This includes all relevant trading details such as spreads, swaps, margin requirements, and other trading conditions as specified by the Company and made available on the Website.
Currency of the Account: The currency selected by the Client when opening an account with the Company, or the currency into which the account is converted based on the Client’s preference after account opening.
Currency Pair: Refers to a set of two currencies (the Quote Currency and the Base Currency), indicating the amount of the Quote Currency needed to buy one unit of the Base Currency.
FX: Refers to a contract for difference on currencies, also known as Spot Forex.
Group Company: A legal entity that is either a parent, subsidiary, or affiliate of the Company.
Login Details: The credentials provided to the Client by the Company, including a login ID and password, which grant access to the Online Trading System and/or the Website.
Login Data: Encompasses the Login Details, Account number, and any other information required to place Orders with the Company.
Liquidity Providers: Third parties that the Company uses to receive and transmit Client orders, always acting as agents on behalf of the Client.
Leverage: The ratio between Transaction Size and Initial Margin. For example, a 1:100 leverage ratio means that the Initial Margin required to open a position is one hundred times less than the size of the Transaction.
Margin: The amount of funds required to open or maintain positions, as specified in the Contract Specifications for each underlying asset in an FX or CFD.
Online Trading System: Refers to the software and platforms used by the Company, encompassing all computer systems, software, databases, telecommunications hardware, and trading platforms. This system allows the Client to access real-time market information, conduct technical analysis, execute Transactions, place, modify, or cancel orders, receive Company notifications, and maintain Transaction records.
Open Position: A transaction involving the purchase or sale of a contract that has not been counterbalanced by an opposite transaction.
Order: A directive issued by the Client to the Company.
Parties: Refers to the entities involved in this Agreement.
Pending Order: An instruction to Buy or Sell a contract at a price different from the current market price.
Quote: The Bid and Ask prices for a CFD or FX Currency Pair.
Quote Currency: The second currency in a Currency Pair.
Rules: Encompasses all relevant laws, articles, regulations, directives, procedures, and customary practices in effect at any given time.
Services: The offerings provided by the Company under this Agreement.
Spread: Refers to the indicative difference between the lowest and highest prices in a two-way quote for a market. This difference may vary from typical market norms.
Stop Out: Occurs when the Client’s equity divided by balance drops below the designated stop out level for their account type. In this case, TheFBTC will automatically close some or all of the Client’s Open Positions at the current market price or the last available price to raise the Client’s equity divided by balance above the stop out threshold.
Swap or Rollover: The interest either added or subtracted for maintaining a position overnight.
Swap Rates: The fixed rate applied to the swap transaction for one of the parties involved in a Financial Instrument.
Trade Confirmation: A notification from TheFBTC to the Client that verifies the execution of their Order.
Transaction: The completion of an Order.
The Company: Refers to TheFBTC.
Website: www.thefbtc.io or any other site operated under TheFBTC’s trade names.
The Client agrees to promptly provide TheFBTC with any margin payments required by the applicable Market Rules or as reasonably determined by TheFBTC to protect against potential losses from current, future, or anticipated transactions under this Agreement.
Unless otherwise specified, margin payments must be made in cash. The cash margin is transferred directly to TheFBTC and the Client will not retain any interest in these funds. TheFBTC will utilize the cash margin as part of its repayment obligation to the Client.
Furthermore, in addition to any rights TheFBTC may have under this Agreement or applicable regulations, TheFBTC will maintain a general lien on all funds held by TheFBTC, its Affiliates, or its nominees on behalf of the Client, until all Client obligations are fulfilled. TheFBTC reserves the right to close or limit the size of the Client’s open positions, refuse to open new positions, or modify trading conditions, including interest rates, leverage, spreads, and fees. These rights may be exercised under various circumstances, including but not limited to:
If the Client’s combined exposure in one or more margin trades reaches a level which – in case of adverse market development – may lead to a significant deficit not covered by the Client’s deposits and/or margin with TheFBTC, TheFBTC may in its discretion
Once the Account is activated for trading, the Client must use the provided Login Details to place orders for buying or selling CFDs and/or FX via a compatible Personal Computer connected to the internet.
TheFBTC is committed to preventing unauthorized or irregular access to the Online Trading System. If TheFBTC reasonably suspects that the Client is enabling such access or misuse, TheFBTC reserves the right to terminate or restrict the Client’s access to the Online Trading System or any part thereof at its sole discretion. The Client agrees not to engage in any activities that could compromise the integrity of TheFBTC’s computer systems or cause them to malfunction.
The Client is responsible for supplying and maintaining the necessary equipment to access and use the Website and/or Online Trading System. The Client also acknowledges that internet-related issues, such as interruptions or transmission outages, may affect their ability to access the Website and/or Online Trading System. TheFBTC disclaims responsibility for any damages or losses resulting from such events, which are beyond its control, including any costs, liabilities, or expenses (such as loss of profit) incurred due to the Client’s inability to access the Website and/or Online Trading System or delays in order execution.
The Client acknowledges that TheFBTC does not serve as an Internet Service Provider and is not liable for any failures to meet obligations under this Agreement due to internet connection issues, power outages, or cyberattacks. TheFBTC is not responsible for delays or errors that occur during the receipt or transmission of orders or messages through electronic means. Additionally, TheFBTC is not liable for inaccuracies in information received electronically or for any losses incurred as a result of such inaccuracies.
The Client is authorized to store, view, analyze, modify, reformat, and print information provided through the Website and/or Online Trading System. However, the Client is prohibited from publishing, transmitting, or reproducing this information, either in whole or in part, in any form or format, to any third party without explicit written permission from TheFBTC. Additionally, the Client must not alter, obscure, or remove any copyright, trademark, or other notices associated with the information.
The Client agrees to use the Website and/or Online Trading System solely for the benefit of their own Account and not on behalf of any other individual. The Client will not use or permit others to use any unauthorized software, programs, applications, or devices to access, obtain, or automate the retrieval of information from the Website and/or Online Trading System, unless such tools have been specifically approved in advance and in writing by TheFBTC.
The Client is responsible for maintaining the confidentiality of their Login Data and must not disclose it to anyone except for individuals explicitly authorized to act on the Client’s behalf as described in paragraph 6. The Client should avoid writing down the Login Details and, if any written notification of these details is received, it must be promptly destroyed.
If the Client becomes aware or reasonably suspects that their Login Data has been disclosed to unauthorized parties, they must immediately inform TheFBTC. TheFBTC will then take appropriate measures to prevent further use of the compromised Login Data and provide the Client with new Login Details. Until replacement Login Data is issued, the Client will be unable to place any Orders.
The Client agrees to fully cooperate with any investigation conducted by TheFBTC regarding the misuse or suspected misuse of Login Data.
The Client accepts full responsibility for all orders placed using their Login Data. Any orders received by TheFBTC under the Client’s Login Data will be deemed as having been made by the Client. If a third party is authorized to act on the Client’s behalf, the Client remains accountable for all transactions executed under that representative’s Login Data. TheFBTC is not liable for any unauthorized access to information, including electronic addresses, communications, and personal data, that may occur during transmission via the internet, other network communication methods, postal services, telephone, or any other electronic means.
When utilizing information, whether it is published on TheFBTC’s website or distributed through other channels, the Client must:
The Client must:
The Client must adhere to the following guidelines when using TheFBTC’s website and services:
Provision of Information:
When delivering information to Clients through any channel or publishing publicly available information, TheFBTC will:
Discretionary Rights:
TheFBTC retains the right to:
TheFBTC’s official website, including all software, graphics, audio, video, and text content, is provided on an “as is” basis.
TheFBTC does not guarantee that the website or its services will meet the specific needs, expectations, or objectives of individual users or user groups. There is no assurance that using the website or any specific service will achieve any particular results.
For analytical, journalistic, or educational information published or transmitted by TheFBTC, no guarantees are made, whether explicit or implied, regardless of the copyright holder. Responsibility for compliance with applicable laws rests with the parties involved as per the terms of this Agreement.
Clients can fund their accounts using credit or debit cards, wire transfers, or other methods of money transfer approved by TheFBTC at its sole discretion. TheFBTC does not ensure that all these methods will be available in every country of the Client’s residence.
TheFBTC will process payments to the Client using methods deemed appropriate based on the specific situation.
Clients are permitted to withdraw funds deposited into their Account and/or profits earned from trading only to the original account or card from which the initial deposit was made (referred to as the “Originating Account/Card”).
Withdrawals or transfers to accounts or cards other than the Originating Account/Card are not allowed.
Withdrawals will only be processed once the Client’s identity has been verified using the valid Login Details through the SSL-protected online portal or upon receipt of a completed application form with the Client’s signature, which must match the specimen signature provided to TheFBTC. TheFBTC is not responsible for funds that are not deposited directly into its bank accounts.
All costs associated with transferring funds to or from the Originating Account/Card are the sole responsibility of the Client.
The Client is entirely accountable for the accuracy of the payment details provided to TheFBTC. TheFBTC disclaims any responsibility for Client funds if incorrect details are provided. TheFBTC may offer client bonuses from time to time. Should the Client qualify for a bonus through a promotional campaign or at TheFBTC’s discretion, the Client acknowledges having reviewed and accepted any applicable bonus terms and conditions.
Bonus funds and associated trading profits cannot be withdrawn until all conditions for the bonus payment have been satisfied. If the Client opts to withdraw funds or close the Account before meeting these conditions, any bonus funds and trading profits accrued from the bonus campaign will be forfeited. Please be aware that each promotional campaign may have its own specific trading conditions, which may vary.
TheFBTC reserves the right to modify or add to this Agreement at any time. Such changes may occur in situations not explicitly covered by the current version of the Agreement or in response to new regulations or legal requirements.
In the event of any amendments or additions, TheFBTC will notify Clients by posting an update on TheFBTC’s official website and sending a corresponding message via the internal mail system. These notifications will be deemed effective whether or not the Client reviews or acknowledges the updated information.
The updated Agreement will take effect five (5) full calendar days (120 hours) after the notice is published on TheFBTC’s website. Before this period elapses, the notice serves only as an informational alert and is not yet binding.
The revised terms will apply to all accounts created after the publication of the notice, regardless of any pre-existing accounts held by the Client.