Interest-free Trading Account Agreement Terms and Conditions:
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- This Interest-Free Trading Account Agreement (hereinafter referred to as "this Agreement") is intended to define the terms and conditions of the Interest-Free Trading Account. This Agreement defines the terms and conditions under which Doo Prime provides the Interest-Free Account to the Customer (or "you" for short).
- This agreement is a supplement and integration of the customer agreement.Client AgreementThe Customer Agreement governs your transaction relationship with Doo Prime. By completing and submitting your application on the Doo Prime official website or mobile application (if applicable), you confirm your participation in this interest-free and interest-reduction promotion (hereinafter referred to as the "Promotion") and agree to abide by the terms and conditions of this Agreement and be bound by this Agreement.
- By participating in this activity, customers agree to be bound by this Agreement and any subsequent revised terms and conditions.
- Unless otherwise defined in this Agreement, the terms and semantic expressions used herein shall have the same meaning as in the Customer Agreement.
- This promotion will continue until Doo Prime issues a formal written notice of termination.
- Doo Prime reserves the right to make the final decision on whether any customer is eligible to participate in the Campaign at its absolute discretion. Doo Prime has the right to reject a customer's application for an interest-free account based on any reason it deems reasonable. In any case, Doo Prime is not obliged to explain or provide the specific reasons for rejecting the application to the customer.
- Once your interest-free trading application is approved, all your accounts held with Doo Prime will be automatically converted to interest-free trading accounts without further notice from Doo Prime.
- The customer shall bear the risks and losses that may arise in the process of converting a real trading account to an interest-free trading account. Doo Prime shall not be liable for any direct, indirect, incidental, special or consequential losses caused thereby.
- The client understands and agrees that this promotion is only available in certain jurisdictions, for certain types of trading instruments and account types. Doo Prime reserves the right to modify or cancel any trading instrument under this promotion at any time without prior notice. The client is responsible for dividend fees on certain trading instruments, and Doo Prime reserves the right to charge other appropriate fees without prior notice.
- The interest-free preferential policy benefits different transaction products. The interest-free scope of individual products will be affected by the interest-free grace period and non-interest-free days:
a. The interest-free grace period refers to the number of days during which the overnight interest charges are waived for holding the benefiting product.
b. For the 5-day interest-free period, if a customer closes an order in transit after holding it for 5 days and then immediately opens a position, the 5-day interest-free period will be recalculated;
c. Non-interest-free days, that is, some products do not enjoy interest-free discounts on Wednesdays, and customers need to pay normal overnight interest fees.Interest-free period Impact products Remark No interest at all Futures CFDs
Hong Kong and US Stock CFDs
Rare MetalsInterest is collected from Monday to Friday Completely interest-free Australia and the United States AUDUSD
EURUSD
GBPUSD
NZDUSD
USDCADDirect Forex Major
Excluding USDCHF and USDJPY, all other products are interest-free;5 trading days interest-free period USDCHF in Direct Forex Major;
Cross Forex Cross deducts JPY currency pairs; Forex minor
Spot Index
XAGUSDOpen a position any day from Monday to Friday
All of them enjoy a 5-trading-day interest-free period; (the first five trading days of holding a position are interest-free, and normal interest will be charged from the sixth trading day of holding a position, and the day of triple interest will be counted as three days)1 trading day interest-free period Spot crude oil (including spot natural gas)
XAUUSD, XAUEUR
USDJPY
JPY currency pair in Forex CrossOpening a position on any day from Monday to Friday will enjoy one trading day of interest-free; Example 1: Open a position with triple interest on the same day, and receive interest overnight as normal, but only receive interest for 2 days (1 day is interest-free);
Example 2: If a customer opens a position on Monday and holds it until Tuesday, there will be no interest on that trading day. If the customer holds the position until Wednesday, interest will start to be charged.
- Doo Prime reserves the right to: (i) cancel the interest-free status of any customer account; (ii) correct or recover the unaccrued interest, fees or costs in the customer account during the interest-free grace period; (iii) close all customer accounts, terminate all transactions, and cancel all related profits or losses, and suspend or terminate the customer's participation in this activity without prior notice, including but not limited to:
a. Any violation of the terms and conditions of the Customer Agreement;
b. When Doo Prime reasonably suspects that the client has engaged in unfair market practices, including but not limited to fraudulent manipulation, abnormal trading activities, breach of integrity, etc.; and has engaged in illegal and/or unethical practices, including but not limited to money laundering, malicious hedging, fraud or any form of scam, etc.;
c. When Doo Prime reasonably suspects that a customer is using the interest-free account for arbitrage or other malicious activities;
d. interruption, failure, etc. of the trading platform, services, software, third-party software, equipment, Internet service provider or any other technical errors;
e. Under abnormal market conditions;
f. Doo Prime has notified the Customer of the termination of the Agreement;
g. Any event that damages or limits the normal operation of the trading platform;
h. any of the Client's trading accounts is suspended; or
i. Any other circumstances Doo Prime deems appropriate. - Doo Prime reserves the right to close the client's positions after suspending or terminating the client's participation in this activity in accordance with the above Article 11, and has the right to recover the interest and fees payable during the interest-free period from the client, and exercise other rights in accordance with the client agreement.
- Except as otherwise expressly provided in this Agreement, Customer hereby agrees and undertakes to indemnify and hold harmless Doo Prime from any losses or damages suffered by Doo Prime and its affiliates, related entities, third-party service providers, licensors, etc., directly or indirectly caused by Customer’s breach of any terms and conditions of this Agreement.
- 14. This activity is provided on an "as is, as available" basis. Doo Prime does not make any express or implied representations or warranties regarding the availability, accuracy or completeness of this activity.
- The official language of this Agreement is English. If there is any inconsistency or difference between the Chinese version of this Agreement and the English version, the English version shall prevail.
- Doo Prime reserves the right to modify, amend or terminate this Agreement at any time without prior notice.
*Doo Prime is a trading/brand name. Doo Prime includes the following regulated legal entities:
(i) Doo Prime Seychelles Limited, Republic of Seychelles. Doo Prime Seychelles Limited is a licensed securities dealer authorised and regulated by the Seychelles Financial Services Authority (SC FSA) with regulatory number SD090;
(ii) Doo Prime Mauritius Limited, Republic of Mauritius. Doo Prime Mauritius Limited is a Licensed Investment Dealer authorised and regulated by the Mauritius Financial Services Commission (MU FSC) with regulatory number C119023907; and
(iii) Doo Prime Vanuatu Limited, Republic of Vanuatu. Doo Prime Vanuatu Limited is a licensed financial dealer authorised and regulated by the Vanuatu Financial Services Commission (VU FSC) with regulatory number 700238.
*Transactions involve risks. Please read the following carefully before participating in the event. Doo Prime Official SiteRisk Disclosure and Notices.
*For more event details, please contact your 1-on-1 exclusive account manager for consultation.