TERMS & CONDITIONS
1. INTRODUCTION
This Client Agreement (“Agreement”) is entered into between CaravanFX Limited (the “Company”) and the client (the “Client”).
The Company provides execution-only services in relation to Forex and Contracts for Difference (CFDs), including copy trading and managed account solutions (PAMM).
By opening an account, the Client agrees to be bound by this Agreement.
2. DEFINITIONS
- Platform – trading software (cTrader / WebTrader / etc.).
- CFDs – contracts for difference.
- Margin – funds required to open/maintain positions.
- Leverage – ratio increasing exposure.
- CopyTrading – replication of trades.
- PAMM – managed trading accounts.
- Negative Balance Protection – protection preventing losses beyond deposits.
3. NATURE OF SERVICES
- The Company provides execution-only services.
- The Company does not provide investment advice.
- The Company may act as counterparty to client trades.
4. CLIENT CATEGORIZATION
All clients are classified as Retail Clients, unless otherwise specified.
5. ACCOUNT OPENING
The Client must:
- provide accurate information;
- complete KYC verification;
- comply with AML regulations.
The Company may refuse account opening.
6. TRADING CONDITIONS
6.1 Leverage
Leverage is provided at the Company’s discretion.
6.2 Margin
Client must maintain sufficient margin.
6.3 Stop-Out
Positions may be automatically closed if margin levels fall below required thresholds.
7. NEGATIVE BALANCE PROTECTION
The Company provides Negative Balance Protection, meaning:
The Client cannot lose more than the total deposited funds.
8. ORDERS AND EXECUTION
- Orders are executed at available market prices.
- Slippage and requotes may occur.
- Execution is not guaranteed at requested prices.
9. PRICING & LIQUIDITY
- Prices are derived from liquidity providers.
- The Company may act as principal.
- Market conditions may affect pricing.
10. COPYTRADING SERVICES
The Company provides CopyTrading functionality:
- Clients may copy strategies of other traders;
- Performance is not guaranteed;
- Risks are equivalent to manual trading.
The Company is not responsible for:
- trader performance;
- losses resulting from copying.
11. PAMM ACCOUNTS
- PAMM accounts are managed by third-party traders.
- Clients allocate funds at their own risk.
- Past performance does not guarantee future results.
12. DEPOSITS AND WITHDRAWALS
Governed by separate Deposit & Withdrawal Policy.
13. CRYPTOCURRENCY TRANSACTIONS
- Cryptocurrency deposits are irreversible.
- The Company may verify wallet ownership.
- The Company may reject suspicious transactions.
14. FEES AND CHARGES
The Company may charge:
- spreads;
- commissions;
- withdrawal fees.
15. CONFLICTS OF INTEREST
The Company may act as counterparty and may have interests different from the Client.
16. RISK ACKNOWLEDGEMENT
Client acknowledges:
- high risk of trading;
- possible loss of all funds;
- leveraged exposure.
17. LIMITATION OF LIABILITY
The Company is not liable for:
- market volatility;
- technical failures;
- third-party services;
- client decisions.
18. FORCE MAJEURE
Includes:
- natural disasters;
- war;
- system failures;
- market disruptions.
19. ACCOUNT SUSPENSION
The Company may:
- freeze accounts;
- terminate relationships.
20. TERMINATION
- Client may close account anytime.
- Company may terminate for compliance reasons.
21. GOVERNING LAW
This Agreement is governed by:
- laws of Saint Lucia.
22. AMENDMENTS
The Company may update this Agreement.
23. CONTACT INFORMATION
support@caravanfx.com