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Thread: How can anyone call fxopen a *** after agreeing to this during account opening

  1. #1
    In Profit junglelion's Avatar
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    Default How can anyone call fxopen a *** after agreeing to this during account opening

    How can anyone call fxopen a scam after agreeing to this during account opening

    If they have a problem then they should not agree to this in the first instance.


    Just a thought.

    18. Force Majeure
    18.1. The Company may, in its reasonable opinion, determine that a Force Majeure event exists, in which case the Company will, in due course, take reasonable steps to inform the Customer. A Force Majeure Event 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, electronic, communication equipment or supplier failure, civil unrest, statutory provisions, lock-outs) which, in Companys reasonable opinion, prevents the Company from maintaining an orderly market in one or more of the instruments;
    b. the suspension, liquidation or closure of any market or the abandonment or failure of any event to which the Company relates its quotes, or the imposition of limits or special or unusual terms on the trading in any such market or on any such event.
    18.2. If the Company determines in its reasonable opinion that a Force Majeure event exists (without prejudice to any other rights under this Agreement and the Terms of Business) the Company may without prior written notice and at any time take any of the following steps:
    a. increase margin requirements;
    b. close out any or all open positions at such price as the Company considers in good faith to be appropriate;
    c. suspend or modify the application of any or all terms of this Agreement and/or the Terms of Business to the extent that the Force Majeure event makes it impossible or impractical for the Company to comply with them; or
    d. take or omit to take all such other actions as the Company deems to be reasonably appropriate in the circumstances with regard to the position of the Company, the Customer and other customers.

  2. #2
    Director of FXOpen Aus FXOjafar's Avatar
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    force majeure
    n : a natural and unavoidable catastrophe that interrupts the
    expected course of events; "he discovered that his house
    was not insured against acts of God" [syn: act of God,
    vis major, accident}, unavoidable casualty]

    I'm not sure what you mean by this. Are you expecting any losses due to Typhoon or Tsunami in the near future?
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
    Sydney NSW 2000
    Australia
    AFSL:412871 ABN:61 143 678 719
    http://www.fxopenaus.com

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    In Profit junglelion's Avatar
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    I was just referring to Erlan who agreed to these terms before opening an account here and now goes about yelping everywhere.

    He did not follow basic rules and .......

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    Director of FXOpen Aus FXOjafar's Avatar
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    Quote Originally Posted by junglelion View Post
    I was just referring to Erlan who agreed to these terms before opening an account here and now goes about yelping everywhere.

    He did not follow basic rules and .......
    This has nothing to do with "Erlan". It's been proven that he is a fake person, working for the opposition.

    Most brokers have a Force Majeure clause. Just go to a few of the larger broker's websites and you can usually find similar things in their client contracts.
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
    Sydney NSW 2000
    Australia
    AFSL:412871 ABN:61 143 678 719
    http://www.fxopenaus.com

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