Legal Notices

DAVINCI related legal statement documents, Order Execution Policy, Anti-money laundering policy statement, Risk Revelation, Follow-up Transaction Statement, Customer Agreement, Conflict of Interest Policy, Disclaimer, Commercial terms and conditions, Terms of Use, Privacy Policy.

DAVINCI Commercial terms and conditions

These Terms and Conditions of Business (hereinafter referred to as "the Terms") are part of the Customer Agreement by DAVINCI UNIVERSAL GROUP INC (hereinafter referred to as "DAVINCI").

confirmation

The Client acknowledges that he/she has read, understood and accepted the Terms and Conditions of Business ("Terms and Conditions"), and that the terms and conditions constitute the content of the Client Agreement.

By accepting the terms and conditions that form part of the Client Agreement, the Client enters into a binding legal agreement with DAVINCI.

The client acknowledges that the official language of DAVINCI is English.

Scope of business terms and conditions

These terms and conditions govern all operations related to DAVINCI's execution of customer orders.

These terms and conditions are not negotiable unless DAVINCI makes its own discretion and is more effective than any other agreement, agreement, express or implied statement of DAVINCI. If the terms and conditions are substantially modified, DAVINCI shall reasonably notify the customer.

Terms and conditions

Unless otherwise stated, terms contained in the Terms and Conditions shall have a specific meaning and may be used in the singular or plural form as appropriate. Unless otherwise specified, terms used in these Terms and Conditions shall have the meaning assigned to them by SCB rules and regulations.

Ask Price - refers to the price at which DAVINCI is willing to sell CFD.

Authorized Representative - Refers to a person who is explicitly authorized by the customer to act on his/her behalf. A copy of the above relationship is recorded by a power of attorney, a copy of which is held by DAVINCI.

Balance - refers to the funds available for withdrawal in the trading account.

Balance Currency - refers to the currency in which the trading account is used for pricing. It should be noted that all fees (including spreads, commissions and swaps) are calculated in that currency.

Base currency - refers to the first currency in a currency pair. For example, in the euro-dollar currency pair, the base currency is the euro.

Bid Price - The price at which DAVINCI is willing to buy a CFD.

Customer - means the person who receives and agrees to the Client Agreement.

Customer Agreement - means the Client's agreement with DAVINCI, including terms and conditions, order execution policy, customer classification notice and conflict of interest policy, and any information posted on the DAVINCI website (legal or otherwise), which may be modified by DAVINCI from time to time.

CFD- that involve: Spot Forex ("Forex"), stocks, spot metals, futures, or any CFD-related tool that can be traded through the DAVINCI trading platform.

Corporate Conduct - Any action taken by a securities issuer whose listed securities are related to financial instruments traded through the DAVINCI trading platform, including but not limited to the following: (i) stock split, (ii) merger, (iii) rights issue, (iv) Mergers and acquisitions and (v) dividends.

Quotation - The price at which the customer applies for immediate execution or pending order.

Account Net Value - Indicates the balance plus/minus the profit/loss of any open positions.

Smart Stop Loss - Refers to the position with the highest margin when the margin level is below the required minimum.

SCB - Refers to the legislative framework and rules and regulations of the Bahamas Securities Commission and its operations.

Available Margin - refers to the funds available for opening a position, calculated as follows: Available Margin = Net Value - Used Margin Valid.

Before cancellation (GTC) - A pending order for which the customer has not specified an expiration date and time. The order will remain active for an indefinite period of time until it is fully or partially executed or cancelled.

Instant Order Execution - An order executed at the price displayed on the screen when a customer sends a trade order through the DAVINCI trading platform.

Hand - refers to the unit that represents the volume of the transaction. It should be noted that 1 lot is equal to 100,000 units of base currency, for example, 1 lot of euros is equal to 100,000 euros; therefore, 0.1 lot is the base currency of 10,000 units.

Margin - Refers to the funds available in the trading account to maintain an open position.

Margin Level - The ratio of the account equity to the margin.

Market maker - A company or individual that quotes a bid price and a selling price in a financial instrument.

Open Position - means any position that has not been closed. For example, an open long position that is not covered by the opposite short position and vice versa.

Over-the-Counter (OTC) - The place where all financial instruments whose transactions are subject to a service agreement.

Pending Order - refers to the buy stop or sell stop loss, buy limit or sell limit or stop limit order.

Quotation - Any bid and ask price sent by DAVINCI through the trading platform that is affected by circumstances beyond DAVINCI's control.

Risk Disclosure Notice - A notice accompanying the Client Agreement that contains the risk details involved in the CFD contract transaction.

Stop Loss - An order that is attached to an immediate execution or pending order to minimize losses.

Stop order to ensure profitability.

Trading Account - A uniquely numbered account held by a customer for trading financial instruments through the DAVINCI trading platform.

Value date - the date of delivery of the funds.

Variable currency - refers to the second currency represented in the currency pair, for example, in the euro-dollar currency pair, the variable currency is the US dollar.

電子交易Electronic trading

According to Section 4.1 of the Customer Agreement, once the service agreement begins, the customer should:

Download and install the trading platform software ("the software") provided by DAVINCI online; and receive a personal trading account ("trading account") via email to log into the trading platform to send and/or modify orders for trading financial instruments.

The software may be developed by a party other than DAVINCI to support data security protocols compatible with the protocols used by DAVINCI.

Customer shall be solely responsible for any instructions sent and/or received through the Trading Platform using its Personal Trading Account.

The client should ensure that his/her access code is always confidential. In any event, if the Client discloses a trading account to a person other than his authorized agent, or if any person (by illegal or otherwise) obtains the Client's trading account, DAVINCI shall not be liable for any loss incurred, including but not limited to Economic loss due to customer behavior.

If the customer has noticed that someone has used the access code for trading or other purposes without his or her explicit consent, the customer should immediately notify DAVINCI. The customer accepts that if someone logs into the trading platform, DAVINCI does not recognize their identity.

Customer accepts that in order to ensure and/or restore the orderly operation of the Trading Platform, DAVINCI reserves the right to terminate Customer's access to the Trading Platform, in which case DAVINCI may close any trading account of Customer in accordance with Customer Agreement No. 17.5.

Customer accepts that if the Client's voluntary and/or involuntary participation is not related to market invalidity, including but not limited to latent arbitrage and swap arbitrage, DAVINCI reserves the right to immediately terminate the Client's access to the trading platform; in this case, DAVINCI subsequently It may, at its discretion, manually execute the customer's immediate order and/or close any of the customer's trading accounts in accordance with the customer agreement.

In addition, the Client accepts that if the Company is discretionary to determine the Client's voluntary and/or involuntary misuse of "negative balance protection provided by DAVINCI", including but not limited to using his/her trading account to hedge his/her risk (whether in the DAVINCI reserves the right to immediately terminate the Client's access to the Trading Platform and recover any loss caused by the Customer under the same personal file; and/or request a withdrawal within a specified period of time in accordance with Customer Agreement Section 17.5 Funding (although there are any provisions of the service agreement), during which he/she is unable to trade.

Customer accepts that if the information is sent from the customer to DAVINCI (or any other party authorized by DAVINCI) or from DAVINCI (or any other party authorized by DAVINCI), someone obtains any unauthorized access. DAVINCI will not be liable for any information (including information relating to customer transactions); such transmission may occur electronically or otherwise.

Customer accepts that DAVINCI shall not be liable for any loss (including but not limited to economic loss) caused by the Client's inability to access the Trading Platform for the following reasons: (i) due to Customer's failure to update the Software upon request or (ii) due to Customer or Any other mechanical, software, computer, telecommunications, or electronic system that the company may have controlled is faulty.

DAVINCI is responsible for maintaining updates to its trading platform and other related systems; therefore, Customer accepts that DAVINCI or related third parties may perform maintenance work from time to time, which may include closing, restarting or refreshing the server to ensure that the trading platform or other related systems can Run efficiently; these actions may result in inaccessibility to the trading platform or other related systems for a period of time. Customer accepts that DAVINCI is not liable for any damages (including economic losses) resulting from any of the actions mentioned in this paragraph.

Customer acknowledges that DAVINCI is not an Internet Service or Power Provider; therefore, Customer acknowledges that DAVINCI is not responsible for any failure to provide investment or ancillary services to DAVINCI, either directly or indirectly, due to Internet service or power failure, in accordance with Customer Agreement Section 6.1.

If for any reason the customer is unable to access the trading platform and send an order to trade the financial instrument, he/she may contact the trading department by phone to make a verbal order, subject to the restrictions described in the "Telephone Recording" section of the Customer Agreement. It should be noted that DAVINCI reserves the right to reject such verbal instructions if the identity of the customer or the clarity of the instructions does not meet the requirements of the trading department operator; in this case, DAVINCI reserves the right to require the customer to send instructions by other means. . The customer accepts that there may be some delay in contacting the trading department by telephone when the transaction volume is too large, especially when an important market announcement is issued.

Customer understands and agrees that DAVINCI is the sole counterparty and that Customer will not make any offer (including negligence, default or other related matter) to any third party software and/or technology provider whose products and services are intended to assist in providing a platform for the Client. Problem) Legal proceedings (whether or not infringed).

Instructions and orders

Important hint:

Certain leverage limits may apply to certain tools, platforms, and/or jurisdictions.

DAVINCI will, at its discretion, modify the margin requirements for all or part of the Client's transactions, and notify the Client as reasonably.

Refuse to execute the order

Customer accepts that DAVINCI reserves the right to refuse to provide any investment or ancillary services at any time without notice to Customer, including but not limited to the execution of trading financial instruments.

In some cases, Section 7.1 above may be effective, including but not limited to the following:

DAVINCI has reasonable grounds to believe that executing a customer order may:

i. affecting the orderly function of the market;

Ii. constitutes the misuse of proprietary confidential information;

Iii. Facilitate money laundering of illegal funds;

Iv. affect the reliability or orderly operation of the trading platform in any way; and,

v. The customer's order involves the purchase of a financial instrument, but the free margin of the relevant trading account is insufficient to cover such purchases and any appropriate fees.

4.In the event of a technical or other error, DAVINCI reserves the right to refuse to execute pending orders and/or modify the open/closed price of the order.

5.The Client accepts that DAVINCI may refuse to execute an order to trade financial instruments if the conditions described in Section 5.11 above are triggered.

Customer accepts that, in accordance with the "Reject Orders" section, if DAVINCI refuses to execute a customer's order, it will not affect the customer obligations as agreed in the customer agreement.

Company behavior

In the event of a company's conduct, the customer accepts, DAVINCI reserves the right to make appropriate adjustments to the price and/or size of the transaction and/or the number of any related transactions; the purpose of any such adjustment is to preserve the equality of the customer and DAVINCI before the company's actions occur. Rights and obligations. It should be noted that these adjustments are decisive and binding to the customer; DAVINCI will notify the customer as soon as reasonably practicable.

In the event of a company's actions, the customer accepts that DAVINCI should take all reasonable steps to replicate market conditions. DAVINCI reserves the right to close a customer's position if DAVINCI is discretionary to determine that it is unable to fairly assess the company's actions.

Dividends: DAVINCI reserves the right to increase the level of margin for related products before issuing stock dividends. Customers should continue to be responsible for regularly reviewing contract specifications for any such changes.

Long: Customers who hold long positions before the dividend date will receive appropriate dividends in cash adjustments and credit them to the relevant trading account.

Short: Customers who hold a short position before the dividend date will be deducted from the appropriate dividend in the form of a cash adjustment and will be drawn from the free account equity of the relevant trading account.

DAVINCI reserves the right to close an open position if the client maintains a short position before the dividend date and the free account equity in the trading account is insufficient to pay the reverse cash adjustment. In this case, the corresponding reverse cash adjustment should be deducted from the trading account balance.

The Client accepts that DAVINCI reserves the right not to notify the Client if there is no sufficient free account equity in the trading account to cover the reverse cash adjustment of the short position.

Stock split: In the event of a stock spin-off, appropriate adjustments to the client's position should be reflected in the trading account to match the published stock split.

Allotment: In the event of a rights issue, the customer should accept one of the following two options;

a. or exercise an option; or

b. Hold the right until it expires and do not exercise the option.

10.Stock adjustment of odd lots

If the company's actions result in a position of odd lots, DAVINCI has the discretion to credit the unpaid portion of the odds as a cash adjustment to the client's trading account; the adjustment will be the closing price on the last trading day prior to the ex-dividend date.

Other company behavior

If the stock is delisted, the customer's position will be closed at the market price of the last trade.

In the event of a merger and acquisition ("M&A"), liquidation, spin-off or merger, the stock will be traded under a new name and the customer's position will be closed at the market price of the last trade.

DAVINCI is not responsible for notifying customers of relevant company actions.

Complaint handling procedure

The complaint should first be submitted to the Customer Support Department. If the customer receives a response from the customer service department but believes that further complaints are required, the customer can contact the customer service department. Please refer to section 12 of these Terms and Conditions for details. The customer service department should thoroughly review all complaints as needed, taking into account any information contained in the DAVINCI books and records, including but not limited to the customer's trading account ledger.

The complaint should include the following:

Customer's first and last name; customer's trading account number; affected trading order number (if applicable); date and time the problem occurred; and problem description.

The complaint must not include the following:

Aggressive language for DAVINCI or DAVINCI employees.

other

All orders accepted by the customer to be accepted by DAVINCI are decisive and binding. From the execution of the order, the customer has two (2) business days to dispute the (i) price, (ii) cost, (iii) speed and (iv) method; such disputes need to be communicated in writing to DAVINCI.

Unless otherwise specifically agreed by the customer, DAVINCI is not obligated to provide electronic or other forms of confirmation for financial instruments traded through the Client's trading account.

Unless otherwise specifically agreed by the customer, DAVINCI is not obligated to provide a statement of financial instruments traded through the Client's trading account. The customer can view the current and historical status of his/her trading account at any time via the trading platform.

Customers should periodically check the trading platform's Help menu or User Guide; in the event of a conflict, unless the DAVINCI discretion makes a decision, the service agreement will prevail.

All orders accepted by the customer to be accepted by DAVINCI are decisive and binding. From the execution of the order, the customer has two (2) business days to dispute the (i) price, (ii) cost, (iii) speed and (iv) method; such disputes need to be communicated in writing to DAVINCI.

Unless otherwise specifically agreed by the customer, DAVINCI is not obligated to provide electronic or other forms of confirmation for financial instruments traded through the Client's trading account.

Customers should periodically check the trading platform's Help menu or User Guide; in the event of a conflict, the service agreement will prevail unless DAVINCI discretion makes a decision.