Client Agreement

1. Agreement and Legal Acceptance

This Client Agreement (“Agreement”) is entered into between VelmoraTrade (“Company”, “we”, “us”, or “our”) and the individual or entity (“Client”, “you”, or “your”).

By registering an account, accessing, or using the Platform, the Client irrevocably confirms that they have read, understood, and agreed to be legally bound by this Agreement and all related documents.

Such acceptance shall constitute a legally binding agreement equivalent to a signed contract.

2. Regulatory Position and Jurisdiction

VelmoraTrade operates under an international offshore framework aligned with the regulatory principles of the Financial Services Commission Mauritius (FSC Mauritius).

The Client acknowledges that:

• Services are provided on a cross-border basis
• Regulatory protections may differ from those in the Client’s country of residence
• The Company operates on an execution-only basis

This Agreement shall be governed by the laws of Mauritius.

3. Scope of Services

The Company provides:

• Online trading platform access
• Execution of trades in forex, CFDs, commodities, indices, and cryptocurrencies
• Market data and analytical tools

The Company does not provide:

• Investment advice
• Portfolio management
• Financial or tax advisory services

4. Client Classification

All Clients are classified as Retail Clients, unless otherwise agreed in writing.

5. Account Registration and Obligations

The Client agrees to:

• Provide accurate, complete, and updated information
• Maintain confidentiality of account credentials
• Be fully responsible for all activities under their account

The Company reserves the right to verify identity and request documentation at any time.

6. KYC and AML Compliance

The Client agrees to comply with all applicable KYC and AML requirements.

The Company may:

• Request identification documents (ID, proof of address, source of funds)
• Restrict account functionality pending verification
• Report suspicious activity to authorities in accordance with applicable laws

Failure to comply may result in account suspension or termination.

7. Trading Environment (Non-Restrictive Policy)

VelmoraTrade provides a non-restrictive trading environment.

The Client may use any lawful trading strategy, including:

• Scalping
• Hedging
• Arbitrage
• Algorithmic or high-frequency trading

The Company does not impose restrictions on trading styles, provided that the Client does not:

• Exploit system errors or technical vulnerabilities
• Engage in fraudulent or manipulative conduct
• Interfere with platform stability

8. Orders and Execution

• Orders are executed electronically at the best available market price
• Slippage, requotes, or delays may occur due to market conditions
• The Company does not guarantee execution at requested prices

9. Pricing and Liquidity

Prices may be:

• Derived from liquidity providers
• Generated via internal pricing mechanisms

The Client acknowledges that:

• Prices may differ from external markets
• Temporary discrepancies may occur

10. Margin and Leverage

• Trading may be conducted using leverage
• The Client must maintain sufficient margin at all times
• Positions may be automatically closed (stop-out) if margin levels fall below required thresholds

11. Negative Balance Protection

• The Client shall not lose more than the total funds deposited
• Negative balances may be reset to zero

This protection does not apply in cases of:

• Fraud
• System abuse
• Breach of this Agreement

12. Deposits and Withdrawals

• Funds must be deposited using approved methods
• Withdrawals will be processed according to Company procedures
• The Company may require verification before processing withdrawals
• The Client is responsible for compliance with their local financial regulations.

13. Fees and Charges

The Client agrees to pay all applicable charges, including:

• Spreads
• Commissions
• Swap/overnight fees
• Administrative fees

Fees are subject to change with prior notice.

14. Risk Acknowledgment

• They have read and understood the Risk Disclosure Statement
• Trading involves a high level of risk
• They are solely responsible for all trading decisions

15. Prohibited Conduct

The Client shall not:

• Exploit technical errors or system malfunctions
• Engage in fraudulent activities
• Manipulate pricing or platform infrastructure

Violation may result in immediate account suspension or termination.

16. Dormant Accounts

• Accounts inactive for 30 consecutive days may be classified as dormant
• Dormant accounts may be restricted or archived
• Reactivation may require identity verification
• Maintenance fees may apply with prior notice

17. Platform Availability

The Company does not guarantee uninterrupted access to the Platform.

Interruptions may occur due to:

• Maintenance
• Technical issues
• External events beyond Company control

18. Limitation of Liability

The Company shall not be liable for:

• Trading losses
• Indirect or consequential damages
• Loss of profits or data

Liability is limited to the total amount deposited by the Client.

19. Indemnification

The Client agrees to indemnify and hold harmless the Company from any claims, losses, or damages arising from:

• Breach of this Agreement
• Misuse of the Platform
• Violation of applicable laws

20. Termination

• The Company may suspend or terminate the Client’s account if:
• The Client breaches this Agreement
• Required by law or regulatory authority
• Suspicious or fraudulent activity is detected

The Client may terminate their account at any time.

21. Amendments

The Company reserves the right to amend this Agreement at any time.

Continued use of the Platform constitutes acceptance of updated terms.

22. Entire Agreement

This Agreement, together with:

• Terms and Conditions
• Privacy Policy
• Risk Disclosure

constitutes the entire agreement between the Client and the Company.

23. Contact Information

Email: support@velmoratrade.com

Website: https://www.velmoratrade.com