SDR Terms & Conditions
These Terms and Conditions (“Agreement”) constitute a legally binding contract between SDR Capital, a company registered with the Securities Exchange Commission (the “Company”), and any individual or legal entity who completes the registration process and accepts this Agreement (the “Customer”). Collectively, the Company and the Customer shall be referred to as the “Parties.”
This Agreement governs the provision of financial market operation services, including access to trading platforms, execution of transactions in financial instruments, management of trading accounts, and other related services.
1. Definitions
Active Account: A trading account where executed market volume during an accounting period exceeds 0.2% of the average equity in USD. For example, an account with USD 1,000 equity must execute 2 market lots or 20 SDR Capital lots. For opposing trades, only 50% of the locked volume is counted.
Adviser: An automated trading program developed in MetaQuotes Language that transmits trading instructions from the Customer’s terminal to the Company’s server.
Ask: The price at which the Customer may purchase the base currency in a quoted currency pair.
Balance: The total financial result of all completed trades and non-trading operations on a trading account.
Candlestick Bar: A chart representation showing open, close, high, and low prices for a specific time period.
Customer: Any individual or legal entity that has accepted this Agreement and entered into a terminal rental agreement with SDR Capital.
Customer Log File: A system file generated by the trading terminal, recording all orders and requests with one-second accuracy.
Verification: The process of confirming the Customer’s identity in accordance with legal and regulatory requirements.
Volatility: A statistical measure of price fluctuation in a financial instrument.
Volume: The quantity of assets or base currency traded during a defined period.
2. Interpretation
Headings are provided for convenience only and shall not affect interpretation. Singular terms include the plural and vice versa. The terms “include” and “including” shall mean “without limitation.”
3. Services Provided
The Company provides access to financial markets via a trading terminal. The Customer is responsible for maintaining confidentiality of login credentials and ensuring account security. All trading activity must comply with this Agreement and applicable laws.
4. Order Execution
The Company shall make reasonable efforts to execute orders promptly and accurately. Execution at the requested price is not guaranteed due to market conditions, including volatility, slippage, and requotes.
The Company reserves the right to reject any order that violates this Agreement or where insufficient margin is available.
5. Risk Disclosure
Trading in financial markets involves substantial risk and may result in the loss of all invested funds. By accepting this Agreement, the Customer confirms that they fully understand and accept these risks.
6. Withdrawal Requirements
Customers who generate profits exceeding $100,000 must obtain the following documentation prior to initiating withdrawals:
- Investment Liquidation Certificate (ILC)
- Broker’s License
- Withdrawal Permit Certificate (WPC)
Certification fees may not be deducted from trading accounts. A regulatory fee equal to 10.18% of the total account balance must be paid in advance to process the required documentation.
7. Amendments and Termination
The Company may amend this Agreement at any time with notice. Either Party may terminate this Agreement by providing written notice. Accounts requiring an Investment Liquidation Certificate are not eligible for closure.
8. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of New York, without regard to conflict of law principles.
9. Dispute Resolution
Any disputes arising from this Agreement shall be resolved through binding arbitration in New York, NY, under the rules of the American Arbitration Association.
10. Miscellaneous
This Agreement constitutes the entire understanding between the Parties. If any provision is deemed unenforceable, the remaining provisions shall remain in effect. Failure to enforce any right shall not constitute a waiver.
By accepting this Agreement, the Customer confirms that they have read, understood, and agreed to all terms contained herein.