As of today, you will see updates to some paragraphs in the Client Agreement, which you may have accepted with FXTM.

We encourage you to carefully review the changes noted below.

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A) Addition of new paragraph 6.7 – New Content

6.7 The Client agrees that in the event that his/her remaining Trading Account Balance is up to 1 cent (EUR) and his/her Trading Account is closed or inactive for more than 90 calendar days, then the Company shall have the right to deduct this remaining Trading Account Balance of up to 1 cent (EUR) and use it for charity purposes at its absolute discretion.

B) Replaced in paragraph 12.7

-Current Content-

12.7 The Client understands, confirms and accepts herein that any and/or all of his/her trading account history in MetaTrader 4 and/or MetaTrader 5 Platforms may at any time, and without prior written consent and/or notice to the Client, further be archived by FXTM to a single summarised line in the respective MetaTrader 4 and/or MetaTrader 5 trading account, where such trading account history records exceed a timeframe of three (3) months.

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-New Content-

12.7 The Client understands, confirms and accepts herein that any and/or all of his/her trading account history in MetaTrader 4 and/or MetaTrader 5 Platforms may at any time, and without prior written consent and/or notice to the Client, further be archived by FXTM to a single summarised line in the respective MetaTrader 4 and/or MetaTrader 5 trading account, where such trading account history records exceed a timeframe of one (1) month.

C) Addition of new paragraph 15.4 – New Content

15.4 The Client acknowledges and accepts that the expected destination of outgoing transfers/payments will be the same as with the expected destination of incoming of funds. The Client will not be allowed to withdraw his funds by any other method, or to transfer them to any other Country, apart from his Country of origin.

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The Client may withdraw any of his profits that exceed the amount deposited from the specific destination of incoming of funds, from a bank account that belongs to him, provided that all the necessary evidence is submitted to FXTM.

However, in exceptional cases, FXTM may proceed to send funds to a different Country from the Client’s Country of residence, provided that all the relevant information and documentation is submitted by the Client.

Kindly note that no further action is required on your part at this point, as the changes will automatically take effect starting today.

If you have any questions regarding the above, please contact Customer Support.

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