Terms and Conditions
The parties of the agreement
The client-company agreement is held between Alhalal Capital and its clients whose applications were accepted. Below is a description of the terms and conditions of Alhalal Capital company for forex trading, it describes the terms, conditions and risks associated with your use of our services. If you have any questions regarding this agreement please contact our client support.
Membership eligibility
We offer our services to all individuals or companies that have the capacity to conclude legally binding contracts under applicable law in their country of residence. our Services are not available to individuals under the age of 18 or under the legal age, or who cannot enter legally binding contracts under the law applicable in the country of residence . So if you are a minor or incompetent, you may not use this service. Please do not use our website, we will not be responsible for any unauthorized use by minors in any way. Moreover, our services are available only to individuals who have sufficient experience and knowledge in financial matters to ensure the ability to evaluate the advantages and risks of acquiring financial contracts via this site, our services are not available in places where it's illegal to use, and the company reserves the right to refuse or cancel services to any person according to its rules.
Application of the Convention
You must read and accept all terms and conditions contained in this agreement and listed below without modifications, before becoming an Alhalal Capital client ,your use of the website means that you agree to the following terms and conditions of this agreement . This agreement is effective upon acceptance of registration of new clients or following confirmation of acceptance by e-mail. If you do not agree to abide by the terms and conditions of this agreement, you must not use our website or take advantage of our services, let us know via email immediately.
Modification of the Convention
Alhalal Capital company has the right to modify or remove any part or all of the agreement at any time without a cause or prior notice. That will be at any time by posting modified terms on its website, so you have to approve future revisions. The company will notify registered clients by email if substantial changes are made to the terms and conditions of this site. The new changes would be effective in less than ten days following the notification of the modification on the site or by email or the first time you use the site services after making these adjustments. If you do not agree to be bound by the changes in the terms and conditions of this agreement, do not use the website or take advantage of our services, and inform us by email immediately.
Alhalal Capital obligations
Since the date you activate your account, we will provide you a number of services, such as :
- Submitting applications on your behalf using financial knowledge.
- Foreign Exchange services such as management.
- Providing a mechanism to protect and manage the financial tools for clients' accounts, including related services such as cash/securities management.
- Providing investment researches and economic analyses or other general recommendations relating to transactions in financial tools.
- Alhalal Capital acknowledges that its services do not include investment advices. Any investment information that may be given to the client by the company, is not considered an investment advice, it’s only purpose is to assist our clients in making investment related decisions. The company also would not take any responsibility for any investment strategy, transaction, or investment.
- You are the only person responsible for any trading decisions or other decisions you make, the company will not give you advicement about the advantages of a particular deal. By requesting to enter any deal, you acknowledge that you are fully responsible for taking the financial risks.
- While Keeping a record of your requests and fulfilling them, Alhalal Capital also offers ongoing services 24 hours, from Sunday 22:00 GMT to Friday 21:00 GMT, except for the holidays in the United States and Europe.
Alhalal Capital provides the following online reports:
- Account statement: a report that displays the account balance at a certain point of time.
- Closed centres: a report that displays the account closed deals.
- Monthly report: a report that displays all transactions in any month in your account.
- Collecting taxes is deducted from any funds in your account to pay any taxes upon competent authority.
Opening a new account procedure
To assist Governments in combating the financing of terrorism and money laundering activities, the laws require that all financial institutions should check the identity and information’s accuracy of each person that opens an account . when opening an account, we ask you to provide your name and address, date of birth and other information that will us allow to identify you. we may also ask to see your passport or your driver's license or other verification documents .
Registration Requirements
- When you register for the service, we may ask you to provide some information for Alhalal Capital company, and in this case, you agree to provide true, accurate, current and complete information about yourself during the registration process , and You agree not to impersonate any person or entity, or hide your identity from Alhalal Capital for any purpose .
- If you are registering as a business entity, this requires you having power to require that entity to this agreement.
- Alhalal Capital company deals with information obtained according to disclosures provided during the registration process and in our privacy policy.
- During the registration process you will be asked to choose a username and password that will be used every time you connect to the website to use the services available.
- You must not share your registration information (including username and password) with any other person or business entity. If you believe that someone has used or is using your registration information, user name or password, You must notify customer service immediately.
- You can fund your account by credit card , debit card , wire transfers , SEPA transfers , e-wallets or other similar ways to transfer money , most cards are accepted by the company but depending on the region of your accommodation some cards would be declined because of restrictions in that area .
- fund transfers to your account could be through the trading platform or through the help of a broker after granting your approval.
- there is a specific minimum initial deposit amount to start trading in the accounts on our website. you may start trading if you convert less than minimum initial deposit. We have the right to refuse cash deposits or entering the account as a result of cash deposits.
- You can request to withdraw the funds you have deposited to your account in accordance with agreed procedures and paperwork required and sign the required documents the company reserves the discretion to implement dragging this until all the required bond.
- The company does not charge any fees for transferring money for you, but there are banking expenses for the conversion whether it’s a bank, credit card company or electronic wallet.
- Clients can withdraw amounts credited to their account or profits gained through trading transactions from your account only to the relevant card account which was used to finance his own account.
- Transfers or withdrawed funds to accounts/non-originator account cards or card establishments permitted according to the discretion of the company provided that the company is satisfied that there is a reasonable justification for the transfer of funds to a different account.The minimum withdrawal amount is 50 US dollars unless stated otherwise.
- Clients take full responsibility for the details of payments to the company, the company does not assume any responsibility for the customer's money if the details provided by the customer is wrong . If your withdrawal request is to the bank account, then you must provide all the details within 3 working days maximum. In the event that the expiration of the three days, you must activate a pull request.
- Allow the company to withdraw funds only when the client's identity is verified through documents valid for customer recognition and combating money laundering.
- The company is committed to pay any amounts due to the customer in the manner that it considers appropriate in the circumstances and we reserve the right to initiate legal proceedings against any customer request refunds. In case of refund (chargeback), we have the right to close and cancel all deals and bonus rewards as profit, immediately and without prior warning, and close the account.
Internet services agreement
This agreement relates to online services offered by Alhalal Capital as the first party, the second party would be you. The provisions of this Convention to each of the Alhalal Capital company, the trading platform and e-content or software currently available on the website is provided by the company to the customer , as well as information supplied by the company to its customers about the exchange rate of some currencies, and any other features or services that the company may add in the future.
Legal restrictions
laws regarding financial contracts vary throughout the world, you abide by the relevant laws in your country of residence is to ensure compliance with these terms and conditions ,which entails that it is not necessarily to correspond our services and your activities on our laws, regulations or directives relevant to your country of residency .
Money invested in your company mustn't originate from drug trafficking, abduction or any other criminal activity and such funds mustn't be illegal to use in the country of your residence .
You cannot delegate any of your rights or any of your obligations under this agreement to any person without the prior written consent of the company.
Rights and remedies
- The rights and remedies contained in this agreement are cumulative and are not excluded from rights or compensation provided by law without any delay or default by Alhalal Capital company in exercising any right, power or remedy provided by law or under this agreement.
- Alhalal Capital pany doesn’t grant you absolute permission to access and use the website, but it was conditional on the continued commitment of the terms and conditions of this agreement.
- You agree not to transfer or copy any information that appears on your company's site for resale or for any other purpose to others without the prior written consent of Alhalal Capital.
- You agree to use the information received from the information systems of Alhalal Capital of foreign exchange for the sole purpose of executing transactions inside and within easy Web site Forex.
- You agree not to use any features available to you through electronic communication on the site for any purpose that is illegal .
- Violation of any of these restrictions,will result in an inability to access our services. So that Alhalal Capital company according to its discretion and without notice to terminate your access to any or all services.
Calls
Under this agreement Alhalal Capital Corporation is entitled to retain your calls and may monitor them to evaluate the quality of service you receive, the extent of your commitment to this agreement, and the security of the site, or for other reasons.
Privacy statement
- Alhalal Capital values the importance of privacy of information for its clients . that’s why it protects and process your information on computers protected by physical and technological security devices. If you object to the way we handle your information, please do not use our services.
- We will not sell or rent your personal information to third parties for any purposes without your explicit consent, we will use your information only as described in this privacy policy.
Limits of liability and compensation
- You agree to indemnify Alhalal Capital, its affiliates, agents, employees and licensors (including third partys) against all actions, claims, demands, actions, damages, costs, fees and expenses incurred by Alhalal Capital arising or concerning violation of this agreement , as well as any applicable laws or regulations or the rights of any other person, or any breach of compliance with these obligations .
- In any case, the Alhalal Capital company, its employees, or chief executive officer are not legally responsible for any damages or loss of profits arising out of or relating to our Web site, except as provided for in this agreement.
- The responsibility of the Alhalal Capital and its employees, directors or employees, to you is limited to the amount of money you transferred or deposited in Alhalal Capital.
Risk statement
- You agree to use the website at your own risk.
- The financial services contained in this website are suitable only for customers who are able to afford to lose all the money they invest, and who understand the risks and have experience in facing the risks involved to obtain financial contracts.
- Derivatives prices are extremely volatile and very difficult to predict due to this volatility.
Unlicensed activities
You agree and acknowledge that you will not use our services to any unauthorized activity, including for example : money laundering, multiple accounts work is managed by one client at a time, using a false identity, high-stakes trading patterns such as engaging in large deals in one direction, etc.
Finally, the company reserves the right to cancel any transaction or terminate our agreement with you, in case of immediate involvement in any unauthorized activity.
Company's rights
- Alhalal Capital reserves the right to suspend the site or any part or section of it. In this case the company will close the customers ' open financial contracts at prices it considers fair and reasonable.
- The company may impose restrictions on the size of customer accounts at its discretion.