This is the Subscriber Agreement for using Forex Capital Markets' IntelliChart Auto Trade (referred to as the "product(s)" within
this agreement). Usage of the product means that the subscriber or product user agrees to the following Payment/Cancellation
Policy, Disclaimer, Terms, and Conditions of Forex Capital Markets.
Payment/Cancellation Policy
§ Trial Period
IntelliChart Auto Trade offers a 14-day free trial, no-risk. Your credit card will be
automatically charged US$100.00 (US dollars) at the end of this 14-day trial,
provided we do not receive a request for cancellation. Should you opt to cancel the subscription, simply email
service@fxtrek.com with your
request of cancellation, including your IntelliChart Auto Trade ID and email address, on or before the end of your
14-day trial. If the cancellation request is received after the 14-day trial
period, the US$100 charge is non-refundable.
End Users will be billed at the rate of US$50/month for the first three (3) months of usage. After 3-months of
monthly subscribership, the fee will revert to $100/month. Forex Capital Markets will charge a markup of 0.1 pip
per round turn lot on all currency pairs and is payable to FXtrek. After 3 months of subscribership, End Users that trade at least $5M notional
volume round turn in any given month will be reimbursed, by FXtrek, for the chart subscription fee for that month only.+
+DEFINITIONS:
Notional Volume: Notional volume is an industry-standard term to describe an End User's trading volume and is defined as:
- $10,000 in notional volume if an End User trades 1 mini lot*;
- $100,000 in notional volume if an End User trades 10 mini lots;
- $1,000,000 in notional volume if an End User trades 100 mini lots;
- $10,000,000 in notional volume, if an End User trades 1,000 mini lots;
*A mini lot is defined as 10K, meaning $10,000 base currency.
Round Turn: Generally a round turn is defined as the closing of any open trade. It is when an End User closes the trade to realize the End User's Profit/Loss. Since ATM can work in concert with FXCM's trading platform to open and close positions, there are some special cases for round turn. For Instance A.) End-User uses FXCM's trading platform to open a position, then use ATM to close this position; or B.) End-User uses ATM to open a position, then closes this position in FXCM's trading platform manually. For both cases A.) and B.) sited herein, FXtrek and FXCM acknowledge this as a complete round turn and shall calculate and qualify such instances as a completed round turn trade through the use of ATM. Therefore a round turn trade with the use of ATM is defined as:
- Both positions are opened and closed through ATM.
- Either position is opened or closed through ATM.
§ Membership
IntelliChart Auto Trade membership is based on a monthly subscription. * You are pre-billed (non-refundable) for the month of service. If you choose to cancel
before the end of the month's billing, credit will not be issued. Service will remain active through the end of
the pre-billed monthly period. Each billing period starts from the same day of the month that your credit card is
initially charged; this is called your renewal day. The credit card payment process is facilitated by the service
of Authorize.net, and the charge is made on the first day of each billing period or your renewal day. The
IntelliChart Auto Trade monthly subscription will be automatically renewed and billed each renewal day unless you
notify us to cancel at least three (3) business days prior to your upcoming renewal day. Please send your
cancellation request with your user name to support@fxtrek.com.
* For quarterly payment see Policy below.
EXAMPLE:
If you paid for service on January 15th, you will automatically be billed on February 15th, and then on March 15th
etc. If you choose to cancel before your next renewal date, you will need to do so via e-mail by the 12th of the
month (or earlier).
NOTE: After your cancellation has been confirmed, you will still be able to use your paid service up
until your renewal day.
We sincerely hope you are satisfied with our services. If for any reason you are not satisfied, please contact
our customer support at support@fxtrek.com.
We will make every effort to correct any problems you may encounter. Thank you for using IntelliChart Auto Trade.
Quarterly Payment/Cancellation Policy
Quarterly Payment (3 months of service) is available for those users paying by wiring funds or check. The
quarterly payment plan is non-refundable. At the end of the paid service (approximately 2-weeks prior to
completion of the paid service), an email notification will be sent to alert the user and offer the ability to
renew. If a renewal notice is not received by date of cancellation, the account will automatically be closed with
the option to reinstate at a later date. Please send your renewal request with your user ID to
support@fxtrek.com.
Desktop Software License
The login settings for Desktop service are unique. If more than one person is using the software , access will be
denied. There is a US$10.00 fee per additional user per month at one IP address. Please email us at
Billing@FXtrek.com
to enable access for more than one computer located at the same IP address. If the Desktop software is to be used at
different IP address (e.g. home and office), a second subscription to the software must be purchased.
Disclaimer, Terms and Conditions
The information and contents contained in this product, IntelliChart Auto Trade,
are based on the data and analyses of publicly available information obtained
from sources believed to be reliable. Such data and information have not been
independently verified
and FXtrek.com Inc.
and Forex Capital Markets make no
guarantees to their accuracy, completeness, timeliness or correctness. The quotes,
charts, and data within the product, IntelliChart Auto Trade, should be used as
references only with your own discretion.
Neither FXtrek.com Inc. nor IntelliChart Auto Trade is
soliciting any
subscriber or product user to execute any trade. Any trades executed following
the data, commentary, and charting tools of the product are taken at your own
risk for your own account.
FXtrek.com Inc. and
Forex Capital Markets provide the information and services
on an "AS IS" basis. The information and contents of this product are subject to
change without notice.
FXtrek.com Inc. and
Forex Capital Markets reserve the
right, in their sole discretion but without any obligation, to make improvements
to, or correct any error or omissions in any portion of this product at any time.
The subscriber or product user agrees to not reproduce, retransmit, disseminate,
distribute, broadcast, publish, circulate, sell or commercially exploit the
information and contents of this product in any manner without the express written
consent of
FXtrek.com Inc. and
Forex Capital Markets.
Investing and trading in foreign currencies, stocks, and other securities are
very risky. Neither
FXtrek.com Inc.,
Forex Capital Markets, nor any of its
commentators, is a registered investment advisor.
FXtrek.com Inc. and
Forex Capital Markets may point to other sites that may
be of interest to the subscriber or product user, for which
FXtrek.com Inc. and
Forex Capital Markets have no responsibility and only provide this as a
service to the subscriber or product user.
FXtrek.com Inc. and
Forex Capital Markets do not represent or endorse the accuracy or reliability
of any information, advertisements or contents contained on, distributed through,
or linked, downloaded, or accessed from the services within the product.
FXtrek.com Inc. and
Forex Capital Markets cannot and do not guarantee the quality
or reliability of any products or information purchased or obtained by you as a
result of an advertisement or any other information displayed in this product.
All content in this product is under Copyright 2001-2010
FXtrek.com Inc.
|
