1. OTC Trading: OTC trading does not occur on a regulated exchange, and there are no assurances regarding the creditworthiness of the counterparty involved in the Customer’s Forex, CFDs, Options, or Spread Betting positions. Additionally, there may be instances of reduced trading liquidity, which may cause a cessation in trading for commodities, currencies, metals, or indices, potentially resulting in significant financial loss.
2. No Investment Advice: Angel Markets does not provide investment advice. Any market recommendations, signals, or information provided by Angel Markets are general and based solely on the judgment of Angel Markets’ staff or third-party providers. These recommendations may not align with the market positions of Angel Markets or its affiliates. Angel Markets believes the information provided is reliable, but cannot guarantee its accuracy or completeness, nor assure that following these recommendations will mitigate trading risks. Market recommendations or information from Angel Markets do not constitute an offer or solicitation to buy or sell any OTC transaction. The Customer acknowledges sole responsibility for assessing the merits and risks of any trade conducted with Angel Markets.
3. Account Management: Angel Markets does not permit its representatives to exercise discretion over or manage an OTC account. If the Customer’s account is being traded without their authorization, the Customer must immediately inform Angel Markets.
4. Margin Requirements: Angel Markets’ margin policies, or those of banks/clearing houses that facilitate trades, may require additional funds to maintain adequate margin in the Customer’s account. The Customer is obligated to promptly meet these margin requirements. Failure to do so may result in the liquidation of open positions, which could lead to a financial loss. Angel Markets reserves the right to decline any order.
5. Account Reporting: The Customer must carefully review the trading reports provided by Angel Markets online. All trade executions and account statements will be deemed final unless the Customer raises objections within two business days of their posting. Initial objections can be made via email or telephone, but must be confirmed in writing.
6. Account Rules and Provisions: Angel Markets may set specific rules and requirements for client accounts, including but not limited to: minimum account size, investment time periods, commission and fee structures, leverage limits per instrument, markups, stop loss and limit order rules, rollover policies, margin call requirements, and other financial arrangements. These rules and provisions are subject to change by Angel Markets at any time.