Terms and Conditions

Trading in Contracts For Differences (CFDs) carries a high level of risk to your capital. You may incur profits or losses of many times the amount of your stake or the money you originally deposit with us. Only trade with money that you can afford to lose. Debts incurred through CFD trading are legally binding and enforceable. Make sure you fully understand the risks involved and take advice if necessary. CFD trading may not be suitable for all individuals. We strongly recommend that you read the Risk Warning notice that forms part of these Terms and Conditions and is also available on our website.


If you are unable to understand any part of either these Terms and Conditions or the Risk Warning or Execution Policy you should contact Revenu Trade with your questions before agreeing to them.

SCOPE

These Terms and Conditions are made between you (the "client" or "you") and Revenu Trade and apply:

  • via the internet over the Revenu Trade Online Trading Platform ("OTP");
  • via any Downloadable Trading Platform ("DTP") that Revenu Trade offers.
  • This includes any Transactions placed by an Authorised Third Party or any person giving the client's name, account number and/or password.

We have categorised you as a Retail Client and you will benefit from the regulatory protections afforded to Retail Clients under the FCA Rules.


We will deal with you on the terms of:

  • these Terms and Conditions;
  • the Risk Warning notice;
  • your completed Application Form;
  • your Execution Policy;
  • any relevant software license;
  • any additional terms and conditions issued by us, including those relating to Accounts and/or other terms issued in respect of transactions contemplated by these Terms and Conditions, which together are referred to as this "Agreement".

Clients should also be aware that the Contract Specifications contain important information in relation to the underlying products associated with Transactions and further information in relation to these is contained at Clause 11.


In agreeing to this Agreement you authorise Revenu Trade to telephone or otherwise contact you at any time whatsoever in order to discuss any aspect of your account with Revenu Trade or any aspect of Revenu Trade or its Associated Companies business.


Each time you enter into a Transaction you signify and agree that all statements concerning personal warranties and representations are repeated and that:

  • ll information that you have provided us with (in your Application Form and subsequently) is true and accurate in all material respects;
  • you agree to be bound by this Agreement;
  • you have read and fully understood this Agreement, including the Contract Specifications and the Risk Warning.
  • if you are an individual, you are over 18 years of age.
  • the action of entering into a Transaction with Revenu Trade is legal in the jurisdiction you are currently resident and that you will not violate any law relevant to you.
  • you are, or your Authorised Third Party is, taking each and every Transaction on your own behalf as principal and not as a third party representative.
  • if you are a company, in placing any Transaction or instruction you are duly authorised to do so.
  • any person authorised by you to trade or issue instructions on your behalf has read and understood the Agreement and the Risk Warnings.

If any losses are incurred by you or by Revenu Trade due to your breach of any warranty as set out herein you shall be liable for the total sum involved.


If any losses are incurred by you or by Revenu Trade due to your breach of any warranty as set out herein you shall be liable for the total sum involved.

YOUR ACCOUNT AND TRANSACTIONS

You must open an account with us before we will accept any of your Transactions. You must fill out and send to us an Application Form either electronically online, or on the printable form available on our website, or the one available with these Terms and Conditions. All mandatory sections must be filled out and any information supplied must be true and correct to the best of your knowledge. Any incorrect or unclear information supplied will result in either an outright rejection of the application or at the very least a delay in the opening of your client account.


In signing, or electronically remitting to us, the application form you are authorising Revenu Trade Ltd to make such searches as it sees fit to certify that the information that you have supplied is full and correct. Such searches will include, but may not be restricted to, information from the electoral register and any credit agencies approached by Revenu Trade.


Revenu Trade may make periodic checks of your details to verify that the details supplied by you have not changed. However, you must immediately inform Revenu Trade in writing as to any material change in your financial circumstances or any change to the information given on your Application Form (including change of employment, address, contact details and email). In Revenu Trade's absolute discretion, it may accept such notification over the telephone or by email. Any losses that may be incurred by misdirection of contract details due to incorrect or out of date email addresses supplied by you are entirely your responsibility.


Revenu Trade is not obliged to open an account for any client and may refuse any application for any reason (without providing the reason for the decision to the client).


Revenu Tradereserves the right to close or suspend your account at any time by sending you a written notice of 5 working days in advance. Should Revenu Trade exercise this right all open Positions shall be closed on Revenu Trade current quoted price and no new trades will be accepted. Any Position you may have in markets not quoted (i.e. that have closed for that day) shall be closed at the first price reasonably available to Revenu Trade on the next business day or, in the case of a market suspended for any, reason, closed under the terms contained herein.


Revenu Trade shall be entitled to disclose information concerning you or your account without prior reference to you to any competent authority with jurisdiction over Revenu Trade business or to any other person Revenu Trade reasonably believes to be seeking a reference or credit reference in good faith. Specifically Revenu Trade is entitled to disclose such information to other similar companies who may be inquiring as to any bad debt or liability.


It is your sole responsibility to inform Revenu Trade as to whether information concerning your account Transactions should be reported to your employer, including its compliance officer, and as to whether contract notes and statements of your account should be sent to that compliance officer or to any other person authorised by your employer to receive such information.


SERVICES BY Revenu Trade

Subject to you fulfilling your obligations under this Agreement, we may enter into contracts with you in respect of the following types of Transactions:

  • Forward CFDs on single securities
  • baskets of securities
  • stock or other indices
  • base and precious metals
  • commodities
  • currencies (foreign exchange)
  • Such other investments as we may from time to time agree to offer in writing or online.

In signing, or electronically remitting to us, the application form you are authorising Revenu Trade Ltd to make such searches as it sees fit to certify that the information that you have supplied is full and correct. Such searches will include, but may not be restricted to, information from the electoral register and any credit agencies approached by Revenu Trade.


We will deal with you on an execution-only basis at all times.


When we execute an order on your behalf, we will generally act in accordance with our order Execution Policy. A summary of our current Execution Policy has been provided to you. You should note that in some circumstances we shall not be obliged to comply with the rules of the FCA on best execution such as where we provide a quote for a particular Transaction and then deal with you as your transaction counter-party.


If you act as agent for any other person, we shall not treat that person as our client for the purposes of the FCA Rules.


Any Transaction with Revenu Trade can only be made during Revenu Trade Quoting Hours for the market in question and within the permissible Size(s) (unless otherwise agreed by Revenu Trade). These are further detailed in the Contract Specifications. The minimum and maximum limits are set by us by reference to the normal market size for which prices are available on any relevant exchange or market and which offer live price information. The current minimum and maximum limits are available from us on request and are detailed in the Contract Specifications. We are entitled to vary these minimum and maximum limits and it is your responsibility to ensure that you know what the current limits are before entering into any Transaction. We also have the right to waive any Transaction Size limits with or without notice to you.


Our activities with you under this Agreement are likely to include margined transactions. Margined transactions are detailed further at Clauses 7 and 8 below.


Notwithstanding any other provision of this Agreement, in providing our services, we shall be entitled to take any action as we consider necessary in our absolute discretion to ensure compliance with Applicable Laws. You agree strictly to comply with all Applicable Laws. If we reasonably consider that you have not so complied, we may terminate this Agreement. You should be aware that the services we offer, including trading in CFDs, are regulated by the FCA and the applicable rules and regulations that related to the trading of equities and futures also relate to CFDs and other such products linked to underlying equities and futures. Clients are especially reminded that this applies to all forms of market abuse such as insider trading and to directors trading in shares of their own companies.


Revenu Trade will not be liable for any losses incurred as a result of any interruption of power supply or electronic communication or information system or any event which prevents Revenu Trade from supplying such information in one or more of the markets in which we would ordinarily quote.


The client accepts that Revenu Trade, including its trading platform(s) and other related systems and relevant third parties may perform maintenance/updates or face a technical failure that may including shutting down, restarting or refreshing its systems/servers to ensure more effective operation of its trading platform(s) and/or other related systems. During system maintenance/updates, the client accepts that this may cause the trading platform(s) or other related systems to be inaccessible for a period of time. In addition, the client accepts that there may be mechanical, chart, software, misquotes, computer, telecommunications and/or electronic system failure/issues. In the event of system issues/failure/maintenance/updates, the client accepts that Revenu Trade bares no responsibility for any loss, including financial loss, caused due to any of the actions referred to in this paragraph.


TRADING

Clients should note that they are trading on the outcome of the price of a financial derivative, and will not be entitled to delivery of, or be required to deliver, the underlying product.


This trading does not occur on an exchange. Rather the trading occurs off- exchange or over-the-counter ("OTC"). As a result, Revenu Trade enter directly into a contract with you in respect of the financial instrument you wish to trade.


Revenu Tradereserves the right to discontinue an Islamic/SWAP-free account by sending 24 hours notice. Revenu Trade will invoke this right in case of suspicion of abuse, in which case Revenu Trade may, at its sole discretion, decide to close all open positions in the account and deduct or add swaps for all transactions currently and/or previously made in the account and decline from accepting any further requests from the Client to be exempted from SWAP.


When we execute an order on your behalf, we will generally act in accordance with our order Execution Policy. A summary of our current Execution Policy has been provided to you. You should note that in some circumstances we shall not be obliged to comply with the rules of the FCA on best execution such as where we provide a quote for a particular Transaction and then deal with you as your transaction counter-party.


The above provisions shall apply with respect to any constituent security of a securities basket or securities index and are also subject to any such adjustment being scaled back in proportion to the respective weighting of the affected security within the securities basket or securities index as we reasonably consider appropriate.


Any Transaction with Revenu Trade can only be made during Revenu Trade Quoting Hours for the market in question and within the permissible Size(s) (unless otherwise agreed by Revenu Trade). These are further detailed in the Contract Specifications. The minimum and maximum limits are set by us by reference to the normal market size for which prices are available on any relevant exchange or market and which offer live price information. The current minimum and maximum limits are available from us on request and are detailed in the Contract Specifications. We are entitled to vary these minimum and maximum limits and it is your responsibility to ensure that you know what the current limits are before entering into any Transaction. We also have the right to waive any Transaction Size limits with or without notice to you.


If a share becomes subject to a takeover offer, suspended, merger and stock split Revenu Trade reserves the right to close any or all trades at the closing of the day or the last closing trading price before the amendment.


In certain market conditions it may not be possible to close a single share Transaction with sizable market consideration in full at one price. Such a Transaction may instead be closed at a price reflecting the price at which Revenu Trade is able to transact any relevant underlying hedge but only during the trading hours of the Underlying Market (whether or not the relevant Transaction was opened during or outside the Underlying Market trading hours).


If the Underlying Market in relation to an existing open Position held by you becomes illiquid in any fashion, either leaving Revenu Trade unable to purchase sufficient amount of the underlying shares or contracts to cover your Transaction or Position or is unable to borrow the same in the open market, Revenu Trade reserves the right to close all or part of any such Transaction or Position at the current Revenu Trade Quote.


If a share or an Underlying Market is subject to dividends or fundamental news announcement, and the client with an existing open position in the same shares. IRevenu Trade may close partial or all position in shares to bring the equity/margin level above 200%.


If you are trading in concert whereby multiple clients are placing identical trades then Revenu Trade may at its sole discretion treat this as one Trade. Therefore, if the combined size is greater than the liquidity of the market and slippage occurs, all clients may be treated the same regardless of their individual stake size and filled at the same level which will be where Revenu Trade was able to realistically able to trade in the Underlying Market.



"Transactions" means any buy or sell trade or CFD trade made between you and Revenu Trade (including to close a Position) and includes any other such transaction made between Revenu Trade and you as may be agreed from time to time and on a case by case basis.


"Underlying Market" is the physical underlying assets from which our markets are derived, and the market in which those assets are traded.