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Terms and definitions 1.
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At the moment of investing the necessary amount should be on the Account of the Asset Manager opened in Libertex terminal Actual Price is a price Quote at which the Company is ready to conduct a Trading Operation at a certain Point of time Base Currency is a currency in a Currency Pair which is bought or sold for the Quote Currency Counter Currency. It is in the numerator in a Currency Pair the first currency in the pair Underlying Asset is an asset which is in the base of an Instrument and which is bought or sold while conducting Trading Operations.
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Underlying Asset can be represented by currency Base Currencystocks, commodities, indices, futures as well as other objects, factors and circumstances according to the list approved by the Company Balance is a volume of funds on the Client s Trading Account excluding Open Positions result; the condition of the Trading Account with account of Closed Positions and Non-Trading Operations Bonus Account is a special Client s Account opened in Personal Account Management Portal and designed for displaying and managing Bonuses and Available funds.
It should be lbertex binary options that Bonuses can include Bonus funds; funding bonuses; funds credited to Bonus account within the frameworks of the service Deposit Interest as well as other kinds and categories of funds provided to the Client by the Company.
Separate kinds and categories of Bonuses can be moved to the Available funds category according to the rules set by the Company. Bonus Account can have sub-accounts sections for displaying different kinds and categories of Bonuses.
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Bonus Account cannot be used for performing Trading Operations. Bonuses represent a way of encouraging the Company s Clients, therefore the Company has the right to refuse some or all the Clients to accrue the Bonuses and cancel the Bonuses which were earlier accrued to the Client s Quote Currency Counter Currency is a currency in which a price of an Instrument is denominated.
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The information about the number of Currency Pairs lbertex binary options represented on the Company s Website and set on its trading servers. Trading server s information will prevail in case there are any discrepancies External Client s Account is a current account in a financial institution, an account wallet in electronic payment system Mutual settlements is a procedure of payment the Asset Manager s bonus for the period of time set by the Company and specified on its website Asset Manager make a lot and quickly Bonus is a part of the profit transferred to the Asset Manager from Binary option from scratch Account of the Client who performed a Trading Operation with the State of MT4 - Libertex Manager Account of this Asset Manager Gap is a change of a price when the following Quote differs from the previous one by several tens of Pips.
Dealer is a Company employee authorized to state Quotes, monitor the accuracy of Trading Operations of the Clients, handle complains and explain trading situations related to conducting Trading Operations in the Clients accounts Long Position is buying an Instrument with the expectation that its price will rise Available funds are lbertex binary options funds displayed on the Bonus Account which can be debited from the Bonus Account to the Trading Account and then used according to the rules established for Trading Accounts Closed Position is the result of execution of the second part of a Round Trip Trading Operation of closing a position Margin Required Reserved Funds, Margin is a sum blocked on a Client's Trading Account to maintain all his her Open Positions.
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Margin Requirements lbertex binary options to Open Positions for each Instrument are specified on the Company s Website and set on its trading servers.
Trading server s information will prevail in case there are any discrepancies Instrument financial instrument is a Spot Instrument and or Internet business make money Instrument.
The information lbertex binary options the number of Instruments is represented on the Company s Website and set on its trading servers.
Trading server s information will prevail in case there are any discrepancies CFD Instrument is an Instrument with which Trading Operation is conducted and which is based on some Underlying Asset. An Underlying Asset can include shares, commodities, indices, futures as well as other objects, factors and circumstances according to the list approved by the Company. The information about the number of CFD Instruments is published on the Company s Website and set on its trading servers.
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Trading server s information will prevail in case there are any discrepancies Spot Instruments are Currency Pairs and metals which participate in Trading Operations according to the rules of the spot market. A list of Spot Instruments used by the Company is specified on the Company s Website and on its trading servers.
No remuneration on the funds which form the Asset Manager s Capital is calculated and is subject to payment Client is profitable trading signals natural or juridical person who enters into an Agreement with the Company and lbertex binary options Trading Operations within the framework of this Agreement and its Appendices. In a Currency Pair Counter Currency is represented by a denominator the second one in a Currency Pair Short Position is selling of Instrument expecting that its price value will go down Quote is a price at which a Trading Operation with an Instrument can be conducted Investment Coefficient is the ratio of the amount of Trading Operation of the Client to the current State of MT4 - Libertex Manager Account at the moment of performing a Trading Operation.
In case of investing the Asset Manager s Capital by the Asset Manager the Investment Coefficient is the ratio of the amount of the Asset Manager s Capital to the current equity of MT4 - Libertex Manager Account Leverage is the ratio between the volume of a Trading Operation and the amount of Initial Margin Limit Take Profit is a type which is assigned to an Order in case such an Order is set to sell at a price rate which is higher than the current market rate or to buy at the price rate which is lower than the current market rate.
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The main purpose of Limit Orders is to guarantee a Trading Operation execution at the price which is not worse not less competitive than the one specified in the Order Personal Account Management Portal is specialized software and hardware used to store the Client s identification data, which enables the Client to generate notifications for the Company related to sending documents or remitting funds as well as to instruct the Company to debit funds from the Trading Account or execute other Non-Trading Operations with MT4 - Libertex Manager Account.
Personal Account Management Portal is located on the Company s Website in a section equipped with a special lbertex binary options protection to restrict access and ensure confidentiality of the data Log File is a part of the Trading Terminal and or the Personal Account Management Portal intended for fixing recording data transferred by the Parties to each other lbertex binary options the fulfillment of the Agreement via the Trading Terminal and or the Personal Account Management Portal.
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The specified servers are the main information source and accepted by the Companies as the 4 5 evidence in case of examining disputable situations connected with the fulfillment of this Agreement. The information from the Log File of the Company s Server shall have absolute priority over other arguments when considering a disputable situation including in relation to the information from the Log File of the Client's Trading Terminal and or the Personal Account Management Portal.
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The company reserves the right not to fix the fact of access of the Lbertex binary options Party to the Trading Terminal or the Personal Account Management Portal in the Log File Lot is standard volume of an Instrument in relation to which a Trading Operation is conducted.
One Trading Operation may be conducted for several lots or their parts. The sizes of lots for each Instrument and type of Trading Terminal shall be specified on the Company s Website and set on its trading servers. Trading server s information will prevail in case there are any discrepancies Multiplicator is the ratio between trade amount percentage change in Libertex terminal and Underlying Asset price, Base Currency price or MT4 - Libertex Manager Account equity percentage change.
The latest information about the maximum sizes of Multiplicators for each Instrument and Asset Manager s Accounts is published on the Company s Website and lbertex binary options on its trading servers.
Trading server s information will prevail in case there are any discrepancies Initial Margin Margin Requirements is collateral that is required to open a position. Margin Requirements for each Instrument shall be specified on the Company s Website and set on its trading servers. Negative Financial Result for Open Positions is a Floating Loss, a positive one lbertex binary options a Floating Profit Non-Trading Operation is an operation of funds transfer to and or writing funds off from a Client's Trading Account as well as other Operations not connected directly with a Trading Operations execution Trading Operation Volume is an amount of the Instrument which is being sold or bought in lots, units of measurement of the corresponding Instrument or a trade amount in the currency of a Balance depending on the used Trading terminal Operations are Trading and Non-Trading Operations of the Client Trading Day is a time span from to GMTexcept weekends and holidays.
The opening and closing time of Trading Day can be shifted for 1 hour during winter and summer time transition.