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dealCancellation

TERMS & CONDITIONS

31 December 2013
dealCancellation – Terms and Conditions

These Terms and Conditions apply to clients that are about to purchase a dealCancellation for
the fee and expiration selected.

By enabling this feature, you agree to the following terms and conditions which are applicable
upon clicking the SELL or BUY button.

1. The fee paid for the dealCancellation feature is non-refundable.


2. The amount to risk cannot be more than the available free balance.
3. If there is not enough available free balance to cover the cost of the dealCancellation fee at
the time of deal opening, any outstanding fees will be deducted from your credit/debit card
which is attached to your trading account.
4. The fee paid only covers the duration specified when the deal was opened and cannot be
extended.
5. The fee calculation is based on the realised volatility of the selected product.
6. dealCancellation cover cannot be renewed and/or amended once it is expired or exercised.
7. You must choose one of the following trade time (hereinafter referred to as “expiry time”):
a. 1 hour
b. 3 hours
c. 6 hours
8. The dealCancellation choices may vary based on instrument selected.
9. The abovementioned three different expiry times will vary on their charges.
10. A deal covered with dealCancellation can be cancelled at any time before the expiration
time which is stated on the ticket.
11. A deal will end at one of the following events, except if any unauthorized activity is observed:
a. Termination “closing deal” initiated by you;
b. It is the deal’s expiry time.
c. Stop loss
12. A deal will be cancelled if closed for any reason, at a negative P&L while it is covered by
dealCancellation feature. This includes if the deal is closed by a Stop Loss.
13. If a deal is charged a rolling fee, this fee will not be refunded if the deal is cancelled with
dealCancellation.
14. dealCancellation can only be used from the easyMarkets trading platform.
15. dealCancellation can only be purchased at the time the deal is opened.
16. dealCancellation cover cannot be transferred to other deals and/or to other accounts.
17. When a deal is cancelled via dealCancellation, the deal will be closed at 0 (zero) loss and
100% of the margin to risk held for the deal will be returned to the account balance.

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© EF Worldwide Limited | All rights reserved


18. Once dealCancellation expires, the day trading order is subject to the CFD Margin Level %
rule and may get stopped out due to low CFD Margin level.
19. Due to exchange rate fluctuation, the margin to risk, once converted back to the trading
account’s base currency, may be different when the deal is cancelled or closed.
20. dealCancellation is available for demo trading.
21. easyMarkets retains the right to disable the feature at its discretion at any time without
prior notice.
22. easyMarkets retains the right to amend these terms and conditions at any time.

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© EF Worldwide Limited | All rights reserved


EF WORLDWIDE LTD

ADDRESS: Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Islands
http://www.easymarkets.com/ I support@easymarkets.com

dealCancellation – Terms and Conditions

Trade Responsibly: EF Worldwide Ltd makes no recommendations as to the merits of any


financial product referred to in this advertisement, emails or its related websites and the
information contained does not take into account your personal objectives, financial situation
and needs. Therefore you should consider whether these products are appropriate in view of
your objectives, financial situation and needs as well as considering the risks associated in
dealing with those products. EF Worldwide Ltd recommends that you read the Client Agreement
before making any decision concerning EF Worldwide Ltd financial products. Trading involves
substantial risk of loss. Do not invest money you cannot afford to lose. EF Worldwide Ltd is not
under the supervision of the JFSA, it is not involved with any acts considered to be offering
financial products and solicitation for financial services, and this website is not aimed at
residents in Japan.” EF Worldwide Ltd (British Virgin Islands Financial Services Commission -
License Number SIBA/L/20/1135)

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© EF Worldwide Limited | All rights reserved

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