The agreement with the trader for giving access to the trading platform
This agreement exists in two language variants - Russian and English. The main agreement is considered to be the one published in English.
1. This Agreement is negotiated between:
1.1. The HBC Broker Company (registered as IVA STAR LTD - Edinburgh George Street, Forsyth House, 93 George Street, Edinburgh, EH2 3ES, UK, hereinafter "HBC Broker" or the "Company". The website owned and operated by: IVA STAR LTD Edinburgh George Street, Forsyth House, 93 George Street, Edinburgh, EH2 3ES, UK
1.2. An individual, who has registered a trading account with the Company in any way (hereinafter - the "Client" or "Trader"). The Company offers the Client access to a trading platform for trading binary options in the financial markets through the website on the domain name hbcbroker.com and any sub-domains. This license agreement (hereinafter - the "Agreement") governs the Trader’s use of the Company’s trading services. In addition to this agreement, the relationship between the Trader and the Company is also regulated by the additional rules, which are set out in the "Bonus policy of the Company” section.
2. Introductory provisions
2.1. The act of being registered on the website of the Company confirms the Trader’s acceptance of their obligation under this Agreement in its entirety. This Agreement together with the rules, which are set out in the section "Bonus policy of the Company", governs the relationship between the Client and the Company and determines the use order of the Company’s trading services.
2.2. A Trader, registered on the Company's website, confirms that
2.2.1 information provided by the Trader is truthful
2.2.2 he is an adult (over the age of 18)
2.2.3 the personal information will be updated in a timely manner
2.2.4 the Trader’s obligations to third parties, as well as the legislation of the Trader’s country of residence will not be violated by the use of the Company's services.
2.3. The Company reserves the right to modify the company's website or its contents, the trading platform, the access to which is provided to the Client, and the content of the services in any way. The claims to the Company for any losses incurred by the Trader as a result of such modifications are not accepted.
2.4. If the Company detects an attempt to open more than one trading account for one Trader, or an attempt to access to the Trading Platform by using the Trading account of another trader, this will be considered as fraud. In such a case the Company reserves the right to deny access to the trading platform. The Company can freeze the trading account, as well as prohibit the Trader from using the Company’s services in the future. Thus, a Trader can register a unique trading account using their real personal data in order to get access to the Trading platform. All transactions must be performed through this unique trading account.
2.5. The interaction between the Trader and the Company is carried out within the territory of the Swiss Confederation, as this is the country of the physical location of the Company’s main servers.
3. The legitimacy of the Company's services
3.1 The Company absolves itself of responsibility regarding the legality of the Company's services in the legal space of the country of the Trader’s residence. The Company does not provide legal advice on the permission or prohibition of the use of the Company’s services by the Trader. The Trader understands and accepts that the manipulation of binary options on various underlying, financial or other assets may be illegal in the legal space of some countries. The trader is obliged to verify the legitimacy and legal framework before the act of registration with the Company.
3.2 The Company does not act in contradiction with the legislation operating in the legal space of the Trader’s country of residence. The Company's services are aimed at the Traders who do not have limitations in binary options manipulating. The Company takes away any responsibility for the unauthorized or illegitimate use of the Company’s services by the Trader. The fact of the Trader’s registration on the website of the Company confirms the compliance with legislation of the trader’s country of residence regarding the manipulation of binary options.
4. Access to the Company's services
4.1. A person who has not reached the age of majority in their jurisdiction cannot be a Trader. In case of doubt about the Trader’s age the Company may require documentation, confirming the fact of majority. If such a document is not provided, the Company has the right to freeze the Client's trading account and cancel access to the trading platform.
4.2. The representatives of the company have the right to verify the authenticity of the Trader’s personal data. Verification is carried out in the form of a request for the Trader’s relevant documents (passport or driver's license, utility bills and/or bank statements). The Company may require notarization of the requested documents. If the requirement of the Company to provide the necessary documents has not been met, the Company reserves the right to freeze the Client's trading account and cancel access to the trading platform. In the event that the Company's internal security department has a reason to suspect that the documents are forged or distorted, a Trader will lose access to the trading platform and can no longer use the services of the Company. The company is not obliged to inform the Trader about the details of the document verification process.
4.3. A Broker, without notification of the Client, has the right to check the trader‘s personal details at any time. This check can include validation of the name, address, age, credit rating and current trading activity. Third parties may be involved to implement such inspections by the Company. In the event of forgery from the Trader, the Company reserves the right to block the Client’s trading account and ban the use of the Company’s services in the future.
4.4. All KYC documents need to be sent/collected prior to making the first deposit.
5. The legality of the Terms and Conditions
5.1. If the Trader does not agree with any of the points of the conditions he must immediately stop using the services of the Company, removing all software from his devices and cancelling the trading account.
5.2. These Terms and Conditions can be processed in any manner and updated by the Company if necessary. The company is not obliged to inform a Trader about the change of these Terms and Conditions, as well as any other additional agreements. Any changes take effect within a calendar week after the publication on the Company's website. If the trader does not agree with the changes introduced by the Company, he must immediately stop using the services of the Company and cancel the trading account. The Company is not responsible for the Trader’s late familiarization with these Terms and Conditions as well as with any other Agreements published on the Company's website.