This Agreement is entered into by and these Terms & Conditions (hereinafter referred to as the “Agreement”) shall regulate the relationship between Gripinvests and the user (a natural or legal entity) (hereinafter referred to as the “Client”) of www.gripinvests.com (hereinafter referred as the “Website”).
By accepting this Agreement, the Client agrees and irrevocably
accepts the terms and conditions contained in this Agreement, its
annexes and/or appendices as well as other documentation/information
published on the Website, including without limitation to the Privacy
Policy, Payment Policy, Withdrawal & Refund Policy, Code of Conduct,
Order Execution Policy and Anti-Money Laundering Policy. The Client
accepts this Agreement by registering an Account on the Website and
depositing funds. By accepting the Agreement, and subject to the
Company’s final approval, the client enters into a legal and binding
agreement with the Company.
All terms and and conditions contained herein, including without
limitation, shall at all times be applicable to the Legal Entity and the
latter shall conform with such terms and conditions, obligations and
rights at all times.
1. Terms
- Account – means unique personified account
registered in the name of the Client and which contains all of the
Client’s transactions/ operations on the Trading Platform (as defined
below) of the Company.
- Ask – means the higher price in a quote. The price the Client may buy at.
- Bid – means the lower price in a quote. The price the Client may sell at.
- Classic Options – means CFDs on stock options.
- CFD (contract for difference) – means a tradeable
contract entered into between the Client and the Company, who exchange
the difference in the value of an Instrument, as specified on the
Trading Platform at the time of opening a Transaction, and the value of
that Instrument at the contract’s end.
- Digital Option Contract – means a type of
derivative instrument where the Client earns a payout if they correctly
predict the price movement of the underlying asset at the time of the
option’s expiry. The prediction can be made as to whether the value of
the underlying asset will fall above or below the strike price at time
of expiration. Should the option expire at the selected strike price, it
will be considered to expire out-of-the money and will result in the
loss of the invested amount.
- Execution – means the execution of Client order(s)
by the Company acting as the Client’s counter party as per the terms of
the present agreement.