InstaForex Company offers its clients a unique service - opening of segregated accounts which provides protection of the client’s capital from risks of any force majeure circumstances related to the company’s activity. In accepted sense of the term "the segregated account" means storage of clients’ funds separately from funds of the company.
Example: The client wants to have a segregated account with InstaForex Company with the balance of $150,000. When the account is opened, the client orders service of segregated account and sends all the requested documents. After the service is confirmed by the company, the client needs to fulfill two conditions to receive $150,000 to the account:
Right after all given conditions are fulfilled, the client
receives the trading account with $150,000 on it, and 70% of
this sum is stored on his/her personal bank account, i. e. is
protected from any force majeur risks of the company's activity.
The system of segregated accounts by InstaForex Company provides
full protection to its clients and guarantees funds safety which
is as high as on your bank’s account.
The minimum sum of deposit for segregated account is $50,000.00.
For registration of segregated account service, it is necessary
to print out and fill S-1 form and send it to
segregated-accounts@instaforex.com.
This Supplementary Agreement is made by and between InstaFintech
Group (referred to as the Company), and the owner of a trading
account, which is being converted to the segregated account
(referred to as the Customer). The present Supplementary Agreement
is the official offer publicly available in the Internet. The
Customer is required to read it carefully before sending the
filled in S-1 Form requesting the Segregated Account service. The
filled in S-1 Form received by the Company's Customer Support
Service shall confirm agreement of the Customer to the terms and
conditions of the present Supplementary Agreement. The Segregated
Account service is provided to the Customer upon the receipt and
consideration of the S-1 Form. If the S-1 Form is filled in
correctly, and the Customer fulfills all the requirements for the
Segregated Account service, the Customer Support Service of the
Company shall activate the Segregated Account service on the
Customer’s trading account.
To confirm the fulfillment of the requirements necessary for
enabling the Segregated Account service, the Client shall send a
scanned copy of the bank statement to
segregated-accounts@instaforex.com proving that he/she holds an
amount over $50,000 in a bank account or its equivalent in any
other currency. The said copy shall be sent after or at the moment
of sending the completed S-1 form. The Customer shall deposit 30%
of the initial deposit within two weeks after Company's Customer
Support Service gives the preliminary positive decision on
activation of the Segregated Account service on the Customer’s
trading account. As soon as the Company receives the initial
deposit from the Customer, it makes two transfers to the
Customer's trading account: Transfer of amount equaling 30 % of
the initial deposit; Transfer of amount equaling 70 % the initial
deposit provided on terms of the interest-free credit. The Company
shall credit 70% of the initial deposit on the same day when
crediting 30% of the initial deposit. The Segregated Account
service is meant for protection of the Customer's funds against
the situations beyond human control. The Customer is responsible
for availability of the necessary amount on the trading account
for open trades. The Customer shall transfer the additional amount
of money to the trading account in advance in case the current
loss exceeds the amount deposited by the Customer. In case the
Customer fails to fund the trading account or delays the transfer,
the Company reserves the right to close all the positions at the
current market price and cancel the Segregated Account service on
the Customer's account. The Company may agree to continue
maintaining the Customer's account if the deficit of the real
funds does not exceed 20% of the whole amount. The Segregated
Account service is cancelled when the credit amount equaling 70%
of the initial deposit is withdrawn from the Customer’s trading
account. The restrictions imposed on the trading accounts with the
Segregated Account service activated: The highest leverage is
1:200. The credit amount equaling 70 % of the initial deposit
cannot be withdrawn. The interest rate is not applicable. The bank
guarantee can be applied only to the money transferred by the
Customer to the Company. The minimum trade volume is set
individually for every trading account with the Segregated Account
service activated and is over 1.0 lot (the pip value is equal to
USD 1 for the major currency pairs). The Bonus programs are not
applicable to segregated accounts. Withdrawal of funds with the
profit from the segregated account requested by the Customer shall
be interpreted as termination of the present Supplementary
Agreement. Trading accounts with the Segregated Account service
cannot be provided with the following services: the PAMM system,
ForexCopy system, VPS hosting, and the InstaWallet system. The
parties shall solve all the disputes and disagreements on the
terms and conditions stipulated in the present Supplementary
Agreement and the Public Offer Agreement accepted by the Customer
when opening a live trading account. Language The language of the
present Agreement is English. For the Customer convenience, the
Company can provide the Agreement version in a language different
from English. The translated version of the Agreement is of a
merely informative character. In case of variant readings of a
translated version and the present Agreement in English, the
Agreement in English is considered as a prior reference standard.
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