Terms & Conditions

Trading

By applying to open an account with Pips Markets, the customer agrees to and is bound by these Terms and Conditions. Opening an account constitutes automatic acknowledgment and acceptance of this Agreement.

Pips Markets may maintain one or more accounts in the customer’s name and may execute transactions according to oral, written, or electronic instructions provided by the customer or their authorized representatives.

The customer bears full responsibility for all unauthorized instructions given by their representatives and agrees to indemnify and hold Pips Markets harmless from any claims, losses, damages, costs, or expenses arising from reliance on such instructions, except in cases of gross negligence or willful misconduct by Pips Markets.

Unless otherwise stated in writing, all transactions are governed by this Agreement, including Risk Disclosures and Trading Policies, as amended from time to time.

Accounts

Account approvals and maintenance

Pips Markets may reject an application or close an account at its sole discretion. Customers may be required to provide additional information or documentation to maintain an account.

Pips Markets may restrict trading, disbursements, or transfers at any time. The Agreement may be amended at any time and the latest version will be published on the company website. Verbal modifications are not valid unless accepted in writing by Pips Markets.

Restricted territories may apply. Customers acknowledge that access may be blocked if their jurisdiction becomes restricted.

Customer funds are segregated only in Pips Markets internal records. Funds are not FDIC insured and are deposited with liquidity providers selected by Pips Markets.

Joint accounts

All joint account holders are fully liable for obligations under this Agreement.

Any joint owner may trade, deposit, withdraw, and manage the account on behalf of all owners. Pips Markets may act to protect itself upon death or incapacity of a joint owner.

Margins and deposit requirements

Customers must maintain margin as required by Pips Markets. Additional margin may be required at any time without notice.

Margin requirements and position limits may change at Pips Markets discretion. Positions may be closed at any time to protect the firm.

Rollover and settlement

Open positions held at 5:00 PM EST may be rolled over to the next settlement date and credited or debited for interest differentials.

Failure to provide settlement instructions or funds may result in position rollover or offset without notice.

Liquidation of accounts

Pips Markets may liquidate positions without notice due to insufficient margin, insolvency events, failure to provide information, or other protective circumstances.

Managed accounts

Pips Markets is not responsible for the actions or omissions of money managers authorized by the customer. Customers assume all risks associated with third party account management.

Customer representations

Customers confirm legal capacity, accuracy of information provided, understanding of risks, and suitability for trading leveraged products.

Customers confirm that they understand the Risk Disclosure, Trading Policies, and Arbitration provisions.

Disclosure of financial information

Customers warrant that disclosed financial information is accurate and agree to notify Pips Markets of any material changes.

Credit checks

Pips Markets may verify customer credit and trading history through third parties. Credit checks may impact credit scores.

Order management

Orders may not be cancellable or modifiable. Customers are responsible for monitoring order status and confirming execution.

Statements and confirmations

Account statements and confirmations are deemed accurate unless objected to in writing within one business day.

Charges

Customers are responsible for all applicable fees and charges, which may change without notice.

Deposits and withdrawals

Cash transactions are not accepted. Deposits and withdrawals must be made through approved methods to accounts held in the customer’s name.

Withdrawal processing may take several business days. Cryptocurrency withdrawals may be supported.

Currency fluctuation risk

Currency conversion may occur at rates determined by Pips Markets. Customers assume all currency fluctuation risk.

Cross trade consent

Pips Markets may act as counterparty to customer trades, subject to applicable regulations.

Communications

All communications may be delivered electronically. Emails and electronic communications may be monitored and retained.

No separate agreements

Customers confirm there are no external agreements guaranteeing profits or limiting losses.

Revenue sharing disclosure

Pips Markets may engage third party vendors and enter into revenue sharing arrangements.

Compliance and monitoring

Trading activity may be monitored to detect fraud or money laundering.

Security and confidentiality

Customers are responsible for safeguarding account credentials and must notify Pips Markets of unauthorized access.

Verification processes

Identity verification, email verification, and two factor authentication may be required. Failure to verify may result in account suspension.

Intellectual property

All platform intellectual property belongs to Pips Markets or its providers. Reverse engineering or redistribution is prohibited.

No advice

Pips Markets does not provide investment, legal, or tax advice. All trades are self directed.

Trading recommendations

Any market information provided is informational only and not guaranteed.

Risk acknowledgment

Leveraged trading is speculative and may result in total loss of risk capital.

Recordings

Customer communications may be recorded and used as evidence.

Security agreement and use of monies

Customer funds and assets may be pledged or used as collateral to satisfy obligations.

Technology risks

Trading platforms are provided as is without warranties. Pips Markets is not liable for technical failures or interruptions.

Foreign accounts

Additional verification may be required for non-US residents.

Termination

This Agreement may be terminated by either party subject to outstanding obligations.

Governing law

This Agreement is governed by the laws of St. Vincent and the Grenadines.

Severability

If any provision is deemed invalid, remaining provisions remain enforceable.

Risk disclosure statement

Trading on margin involves a high degree of risk and may not be suitable for all investors. Losses may exceed deposited funds.

Introducing brokers

Pips Markets and any introducing broker operate independently. No guarantees of profit are made.

Final acknowledgment

Customers acknowledge the high risk of trading and confirm that only risk capital is used.