Welcome to LIQUID BROKERS! We are pleased to offer you our services. These Terms and Conditions (hereinafter the “Terms”) govern your use of our website and the services we offer.
The Customer’s application to open an account with LIQUID MARKETS PTY LTD (trading as “LIQUID BROKERS”) binds them to the Terms and Conditions of this Agreement, and this action automatically acknowledges and accepts the Terms and Conditions listed below.
LIQUID BROKERS may maintain one (1) or more accounts in the name of the Customer. It may also conduct transactions for the Customer’s account based on verbal, written, or electronic instructions from the Customer and its officers, partners, principals, employees, and/or other agents (hereinafter referred to as “Representatives”).
The Customer will bear the risk of all unauthorized instructions administered by their Representatives. The Customer will indemnify and hold LIQUID BROKERS harmless from all claims, liabilities, losses, damages, fees, costs, and/or expenses relating to or arising from LIQUID BROKERS’ reliance on such instructions, including any improper, unauthorized, or fraudulent instructions by the Representatives, unless LIQUID BROKERS’ conduct was grossly negligent and/or willful.
All transactions between LIQUID BROKERS and the Customer shall be governed by the terms of this Agreement, as amended from time to time.
LIQUID BROKERS reserves the right, in its sole and absolute discretion, to reject the Customer’s application and/or close the Customer’s account for any reason. Customers will be required to provide additional information and/or documentation to LIQUID BROKERS. This is being done to allow LIQUID BROKERS to continue servicing the Customer’s account.
At any time, at its sole and absolute discretion, LIQUID BROKERS may restrict trading, disbursements, and/or transfers administered by the Customer. The Agreement may be amended, changed, revised, supplemented, and/or modified at any time by LIQUID BROKERS. The most recent version of the Agreement will be published on the website. This Agreement cannot be modified by the Customer’s verbal and/or written statements or amendments without the prior written consent of LIQUID BROKERS.
LIQUID BROKERS reserves the right to restrict access to all and/or a portion of the Website and/or Services in the future with respect to certain jurisdictions. The Customer acknowledges and agrees that LIQUID BROKERS is not liable if the country in which the Customer resides or is located becomes restricted or blocked.
Restricted Territories include, but are not limited to, the following: Afghanistan, Burma (Myanmar), the Democratic Republic of the Congo, Crimea, Cuba, Ethiopia, Haiti, Iran, Iraq, Japan, Lebanon, Libya, Malta, North Korea, Pakistan, the Republic of the Congo, the Russian Federation, Saint Lucia, Somalia, South Sudan, Sudan, Syria, Trinidad and Tobago, Tunisia, Venezuela, Vietnam, Yemen, Australia, New Zealand, Zimbabwe.
The Customer acknowledges and agrees that accounts are only separated in the books and records of LIQUID BROKERS. The Customer also acknowledges that their funds are not insured and are deposited with a liquidity provider chosen at the sole discretion of LIQUID BROKERS.
The Customer shall provide and maintain margin in such amounts and in such forms as LIQUID BROKERS, in its sole discretion, may require.
LIQUID BROKERS may require the Customer to deposit additional margin via immediate wire transfer when and as required by the Company and will immediately meet all margin calls in such mode of transmission as LIQUID BROKERS shall, in its sole discretion, designate. LIQUID BROKERS may, at its sole discretion, limit the amount and/or total number of open positions that the Customer may acquire or maintain at LIQUID BROKERS.
LIQUID BROKERS reserves the right to close Customer’s accounts whenever deemed necessary. LIQUID BROKERS is not liable for any loss and/or damage caused, directly nor indirectly, by any events, actions or omissions, including – but not limited to – loss or damage caused, directly or indirectly, by any delays or inaccuracies in the transmission of orders and/or information due to a breakdown in or failure of any transmission or communication facilities.
At the sole discretion of LIQUID BROKERS, the terms and/or methods for delivering, offsetting, or rolling over the Customer’s open positions may vary from Customer to Customer.
The Customer acknowledges and agrees that any positions held in the Customer’s account at 00:00 (GMT +2) may be rolled over to the following settlement date, and the account may be debited or credited for the interest differential for the rollover period.
If the Customer fails to meet their obligations (such as providing funds, instructions, and/or delivery documents) by the specified time, LIQUID BROKERS reserves the right to take immediate action, without prior notice or request to the Customer. This includes, but is not limited to, offsetting the Customer’s position(s), rolling over the Customer’s position(s) into the next settlement period, or making or receiving delivery on behalf of the Customer, under terms and methods deemed reasonable by LIQUID BROKERS in its sole discretion. In such cases, LIQUID BROKERS may, at its discretion, block the Customer from taking further actions on their account(s), and proceed with the necessary actions without asking for permission or instructions from the Customer. This may be done to protect LIQUID BROKERS’ interests, ensure proper settlement, or prevent any further risk, as deemed appropriate by LIQUID BROKERS.
The Customer acknowledges the following account liquidation reasons:
Any of the aforementioned actions may be taken without the demand for margin or additional margin, without prior notice of sale and/or purchase or other notice to the Customer, the Customer’s personal or appointed representatives, heirs, executors, administrators, trustees, legatees, or assigns, and regardless of whether the ownership interest is solely or jointly held.
3.1 The Customer represents and warrants that:
3.2 The Customer represents and warrants that Gross Income, Total Assets, and Liabilities were correctly calculated when determining the Customer’s Net Worth.
3.3 The Customer represents and warrants that when determining the value of Total Assets, it included cash and/or cash equivalents, U.S. Government and Marketable securities, real estate owned (excluding primary residence), the cash value of life insurance, and other valuable assets.
3.4 The Customer represents and warrants that notes payable to banks (secured and unsecured), notes payable to relatives, real estate mortgages payable (excluding primary residence), and other debts were included in determining the value of liabilities.
3.5 The Customer represents and warrants that they have given careful consideration to the portion of their total assets that they consider to be risk capital. Additionally, the Customer is aware that risk capital is the amount of money the Customer is willing to risk. If lost, the Customer acknowledges that their lifestyle would not be affected in any way.
3.6 The Customer agrees to notify LIQUID BROKERS immediately if the Customer’s financial condition changes such that the Customer’s net worth and/or risk capital decreases.
3.7 The Customer authorizes LIQUID BROKERS and/or any agents acting on behalf of the Company to investigate the Customer’s credit standing and, in connection therewith, to contact such banks, financial institutions, and credit agencies as LIQUID BROKERS deems appropriate to verify information regarding the Customer.
3.8 The Customer authorizes LIQUID BROKERS to investigate the Customer’s current and past investment activity, as well as to contact futures commission merchants, exchanges, broker/dealers, banks, compliance data centers, and any other financial and investment institution that LIQUID BROKERS deems appropriate.
3.9 Upon reasonable request made in writing to LIQUID BROKERS by the Customer, the Customer shall be permitted to review any records maintained by LIQUID BROKERS pertaining to the Customer’s credit standing. At the sole cost and expense of the Customer, such records may also be copied.
3.10 The Customer acknowledges that LIQUID BROKERS may provide information (e.g., negative Account information of unsecured debts) regarding the Customer's performance under this Agreement to the agencies, which may have a negative impact on the Customer’s financial standing.
4.1.1 The Customer recognizes that it may be impossible to cancel or modify an order.
4.1.2 The Customer acknowledges and agrees that, if an order cannot be canceled or modified, they are bound by any execution of the original order.
4.1.3 In the event that LIQUID BROKERS is unable to cancel or modify an order, LIQUID BROKERS is not liable.
4.1.4 The Customer acknowledges that attempts to modify, cancel, or replace an order may result in the order’s execution or the execution of duplicate orders. In addition, the Customer acknowledges that LIQUID BROKERS’ systems do not prevent the execution of orders or the placement of duplicate orders, and that the Customer is responsible for all such executions.
4.1.5 The Customer agrees not to assume that any order has been executed or canceled until receiving confirmation from LIQUID BROKERS regarding order execution. Prior to placing additional orders, the Customer is responsible for determining the status of any pending orders.
4.1.6 The Customer agrees to contact LIQUID BROKERS if they are unsure of the status of an order.
4.1.7 The Customer agrees to review their online account statement that can be generated by them, regularly to confirm the status of their orders.
4.2.1 LIQUID BROKERS will provide the Customer with an online login to view the Customer’s account at any time. LIQUID BROKERS will not send trade confirmations through the mail.
4.2.2 Absence of objection shall automatically be construed as acceptance of all actions taken by LIQUID BROKERS or its agents prior to the Customer’s receipt of said reports.
4.2.3 The lack of receipt of a trade confirmation by the Customer does not exempt the Customer from the obligation to object as outlined herein.
4.2.4 The Customer shall pay all charges (including – but not limited to – mark-ups and mark-downs, statement charges, idle Account charges, order cancellation charges, account transfer charges, introducing broker and money manager fees if applicable, and other charges) arising from LIQUID BROKERS’ provision of services pursuant to this Agreement. LIQUID BROKERS reserves the right to modify its fees without prior notice.
4.2.5 All fees shall be paid by the Customer as they are incurred, or as determined by LIQUID BROKERS in their sole and absolute discretion. The Customer hereby authorizes LIQUID BROKERS to debit his/her account for the amount of any such charge (s).
4.3.1 LIQUID BROKERS acknowledges and agrees to perform deposit and/or withdrawal transactions between the Customer’s LIQUID BROKERS account and another account held in the Customer’s name including trading account(s) and/or of which the Customer demonstrates clear ownership to LIQUID BROKERS.
4.3.2 LIQUID BROKERS may restrict the Customer’s withdrawal options to prevent money laundering, fraud, and other illegal activities.
4.3.3 Customers of LIQUID BROKERS can withdraw their funds and benefits whenever necessary. To request a partial or full withdrawal from their account, the Customer must click “Withdrawal” on the LIQUID BROKERS platform and follow the directions provided.
4.3.4 The Customer must be aware that LIQUID BROKERS requires two (2) to five (5) business days to process withdrawal requests. It may take up to two (2) or three (3) business days for corresponding withdrawals to reach your credit card, bank account or wallet address.
4.3.5 If the Customer has any questions, they can contact the Customer Support team at LIQUID BROKERS. Only the same bank account, credit/debit card, or wallet that was used to deposit funds may be used for withdrawals.
4.3.6 LIQUID BROKERS imposes a minimum withdrawal amount for any withdrawal request made by the Customer. If the requested withdrawal amount is below the minimum threshold reflected on the website, the Company reserves the right to reject or cancel the withdrawal request. The Customer agrees to ensure that the withdrawal amount meets or exceeds the minimum requirement and acknowledges that the Company may reject the withdrawal request. The Company reserves the right to amend the minimum withdrawal amount from time to time, with no notice provided to the Customer.
4.3.7 Additionally, the Customer may be required to provide additional information and documentation on their Source of Wealth and/or Source of Funds when withdrawing funds for additional verification(s), or as and when LIQUID BROKERS deems appropriate.
LIQUID BROKERS shall not be liable for any losses resulting from the default of any agent or other party used by LIQUID BROKERS in accordance with this agreement.
If the Customer directs LIQUID BROKERS to enter into a transaction:
4.6.1 The Customer hereby acknowledges and agrees that LIQUID BROKERS may act as the counterparty to the Customer for any trade entered for the undersigned’s account.
4.6.2 The undersigned hereby consents to any such transaction, subject to the limitations and conditions, if any, contained in the rules and regulations of any bank, institution, exchange or board of trade upon which such buy or sell orders are executed, and subject to the limitations and conditions contained in this Agreement.
Reports, statements, notices, and any other communications shall be transmitted to the Customer electronically by posting to the Customer’s online account or on the Company’s website, via email to the email address provided by the Customer during the account opening, or to any other email address the Customer may designate from time to time to LIQUID BROKERS.
5.2.1 All emails sent to or from LIQUID BROKERS may be monitored, reviewed, and/or disclosed to the Customer or the Customer’s intended recipient.
5.2.2 The Customer agrees to hold harmless LIQUID BROKERS and any third party for any delay in email delivery, regardless of who caused the delay. The corporate email system of LIQUID BROKERS may retain email sent to and from the Company’s email address.
5.2.3 The Customer agrees not to transmit orders for the purchase or sale of over-the-counter products via email. In addition, the Customer agrees that LIQUID BROKERS is not liable for any actions taken or omissions to act as a result of any email message sent to LIQUID BROKERS by the Customer.
5.2.4 Electronic communications with LIQUID BROKERS via our website, or a wireless device can be reviewed, and disclosed to a third party. These messages may be stored by LIQUID BROKERS.
All communications, whether transmitted via email, secure messaging via the Company’s chat system, via notification to the Customer’s account, via platform notifications, and/or postings on the Company’s website, shall be deemed to constitute valid notice of the matters contained therein and shall carry equal force and effect, regardless of the medium used. Delivery of any such communication to the Customer’s last known contact details on record with the Company shall be considered due notice.
6.1.1 The Customer acknowledges that no separate agreement with the Customer’s broker or any LIQUID BROKERS employee and/or agent regarding the trading in the Customer’s account, including any agreement to guarantee profits or limit losses in the Customer’s account, is permitted. The Customer must immediately notify the Compliance Department of LIQUID BROKERS in writing of any agreement of this nature.
6.1.2 The Customer acknowledges that any representations made by a third party regarding the Customer’s account that differs from the statements the Customer receives from LIQUID BROKERS must be brought to the attention of LIQUID BROKERS’ Compliance Department in writing immediately.
6.1.3 The Customer acknowledges that, unless the Customer has delegated discretion to another party by signing LIQUID BROKERS’ limited power of attorney (“LPOA”), the Customer must authorize every transaction prior to its execution.
6.1.4 The Customer agrees to bring any disputed transactions to the attention of the LIQUID BROKERS in accordance with the notice provisions of this Agreement.
6.1.5 The Customer agrees to indemnify and hold harmless LIQUID BROKERS from any damage or liability resulting from the Customer’s failure to notify LIQUID BROKERS within one (1) business day of any of the occurrences mentioned in this agreement. All notices required by this section shall be sent to the address listed for LIQUID BROKERS on the Company’s website.
6.2.1 The Customer acknowledges that LIQUID BROKERS may enter into revenue-sharing arrangements with or retain the services of any other third-party vendors in connection with technical support, back-office and operational support functions relating to Customer’s Accounts.
The Customer agrees and acknowledges that LIQUID BROKERS may conduct the following procedures upon account opening and throughout the account's existence:
7.2.1 In accordance with anti-money laundering and countering the financing of terrorism requirements, LIQUID BROKERS will identify and verify any individual who registers for its service(s). LIQUID BROKERS is required to collect information such as – but not limited to – full legal name, date of birth, and residential address when a Customer opens an account. The Customer acknowledges and agrees that LIQUID BROKERS reserves the right to close the account at its sole discretion due to verification results.
7.2.2 Email address verification:
After completing the sign-up form, the Customer will be prompted to verify their email address by clicking on an activation link which is sent to their email address. In the absence of this step, account access will be denied.
7.2.3 Two-factor authentication:
After completing the sign-up form, the Customer must enable two-factor authentication (“2FA”) on their account in order to access the account. LIQUID BROKERS accounts are equipped with two-factor authentication to prevent unauthorized access attempts.
7.2.4 Verification of identity checks:
LIQUID BROKERS may use third party providers to confirm any information the individual registers in order to complete the identity verification. LIQUID BROKERS may verify the Customer’s information, requiring the Customer to provide official identification documents, proof of address, and/or additional documents that LIQUID BROKERS will advise the Customer to submit when and as required. Corporate Customers will be required to submit additional documentation, including – but not limited to – incorporation certificates and articles of association.
7.2.5 Customer acknowledges that LIQUID BROKERS may require additional verification checks (which may include requests for additional documents or information) at any time to satisfy routine security checks. LIQUID BROKERS reserves the right to suspend the account and return any applicable balance if we are unable to verify the Customer’s registered details and if the Customer is unable and/or refuses to provide the requested documentation and/or information.
LIQUID BROKERS may monitor account trading activity to investigate and/or identify possible money laundering.
7.3.1 The Customer agrees and acknowledges that the Customer is the exclusive owner and solely responsible, for the confidentiality and protection of the Customer’s account number(s) and password(s) that permit the Customer to place online orders and access LIQUID BROKERS electronic trading system(s).
7.3.2 The Customer agrees to indemnify and hold harmless LIQUID BROKERS if a third party utilizes the Customer’s confidential information and gives LIQUID BROKERS instructions that are contrary to the Customer’s instructions.
7.3.3 The Customer shall notify LIQUID BROKERS immediately in writing or via email of any loss, theft, and/or unauthorized use of the Customer’s account number and/or passwords.
7.4.1 All copyright, trademark, trade secret, and/or other intellectual property rights in the Liquid Brokers Trading Platform (hereinafter referred to as the “Trading Platform”) shall remain at all times the sole and exclusive property of LIQUID BROKERS and/or its third party service providers, and Customers shall have no right and/or interest in the Trading Platform other than the right to access and use the Trading Platform as specified in this agreement.
7.4.2 The Customer acknowledges that the Trading Platform has been developed with considerable skill, time, and money, and is therefore confidential.
7.4.3 The Customer will protect the confidentiality of LIQUID BROKERS and/or its third-party service providers by restricting Trading Platform access to its employees and agents on a need-to-access basis.
7.4.4 The Customer agrees not to publish, distribute, and/or otherwise make available to third parties any information derived from or related to the Trading Platform.
7.4.5 The Customer agrees not to copy, modify, decompile, reverse engineer, or create derivative works based on the Trading Platform or its operation.
7.5.1 The Customer is aware and acknowledges that LIQUID BROKERS does not and will not provide investment, legal, and/or tax advice, or trading recommendations. The Customer acknowledges that LIQUID BROKERS makes no representations regarding the tax consequences or treatment of contracts.
7.5.2 The Customer agrees that the Customer is a self-directed investor and that all orders placed are unsolicited and based on the Customer’s own investment decision or the investment decision of the Customer’s duly authorized representative if applicable.
7.5.3 The Customer agrees that neither LIQUID BROKERS nor any of its employees may be the Customer’s duly authorized representative and that the Customer will neither solicit nor rely upon LIQUID BROKERS or any of its employees for investment advice.
7.5.4 The Customer understands that the Customer is solely responsible for all orders entered, including but not limited to trade qualifiers, the number of trades entered, the suitability of any trade(s), investment strategies, and risks associated with each trade, and will not hold LIQUID BROKERS or any of its employees liable for those investment decisions.
7.5.5 The Customer agrees to indemnify and hold harmless LIQUID BROKERS and its officers, directors, employees, agents, and affiliates from all and any liability, financial or otherwise, or expense (including attorneys’ fees and disbursements), incurred as a result of any losses or damages. As a result of any decisions, instructions, transactions, or strategies employed in the Customer's account by the Customer or the Customer's duly authorized representative, or as a result of any breach by the Customer of any of the covenants, representations, acknowledgments, or warranties contained herein, the Customer may incur losses.
7.6.1 The Customer acknowledges that:
7.6.2 The Customer recognizes that LIQUID BROKERS and/or its officers, directors, affiliates, associates, stockholders, or representatives may have a position in or intend to buy or sell securities that are the subject of market recommendations provided to the Customer. In addition, the market position of LIQUID BROKERS or any such officer, director, affiliate, associate, stockholder, or representative may not be consistent with the recommendations provided by LIQUID BROKERS to the Customer.
7.7.1 The Customer acknowledges that investments in leveraged transactions are speculative, involve a high degree of risk, and are only suitable for those able to assume the risk of losing their margin deposit.
7.7.2 The Customer acknowledges that due to the low margin normally required for trading over-the-counter contracts, price fluctuations in contracts may result in the loss of the Customer’s margin deposit.
7.7.3 The Customer warrants that Customer is willing and able, financially and otherwise, to assume the risk of trading, and in consideration of LIQUID BROKERS carrying their Account(s), the Customer agrees not to hold LIQUID BROKERS liable for losses incurred as a result of following its trading recommendations or suggestions or those of its employees, agents, or representatives.
7.7.4 The Customer acknowledges that profit and/or loss assurances are impossible in trading.
7.7.5 The Customer acknowledges that the Customer has not received any such guarantees from LIQUID BROKERS, any of its representatives, or any introducing agent(s) or other entity with whom the Customer is conducting their LIQUID BROKERS Account, and that the Customer has not entered into this agreement in consideration of or reliance on any such guarantees or similar representations.
7.8.1 The Customer agrees and acknowledges that all conversations between the Customer and LIQUID BROKERS personnel regarding Customer’s Account(s) may be electronically recorded with or without the use of an automatic tone warning device.
7.8.2 The Customer further agrees to the use of such recordings and transcripts thereof as evidence by either party in any dispute or proceeding involving Customer or LIQUID BROKERS.
7.8.3 The Customer acknowledges that LIQUID BROKERS destroys such recordings at regular intervals in accordance with LIQUID BROKERS’ established business procedures, and the Customer consents to such destruction.
The Customer hereby grants LIQUID BROKERS the right to pledge, repledge, invest or loan any funds, securities, currencies, and foreign currency or off-exchange transactions of the Customer held by LIQUID BROKERS as margin or security. LIQUID BROKERS is never obligated to deliver to the Customer the identical property delivered to or purchased for any Account of the Customer.
7.10.1 LIQUID BROKERS and/or its third-party service providers provide trading technology for use by the Customer in connection with Customer’s transactions with LIQUID BROKERS. This trading technology includes the Trading Platform, web applications, application program interfaces, software, software code, programs, protocols, and displays (collectively “Technology”) for trading, analyzing trades and markets, and building automated trading systems.
7.10.2 LIQUID BROKERS provides the Technology “as is” and without any express or implied warranties of merchantability, fitness for a particular purpose, or other warranties.
7.10.3 LIQUID BROKERS is not liable for the operation and/or performance of any automated trading system developed with Technology, or for any malfunctions of Technology, or for any delays or interruptions in the transmission of orders resulting from breakdown, excessive call volume, or failure of transmission or communication equipment on the Internet or otherwise, including, but not limited to, communications problems, computer software or hardware breakdowns, malfunctions, and telecommunications problems.
8.1.1 Regardless of any personnel changes at LIQUID BROKERS or its successors, assigns, or affiliates, this Agreement shall be continuous and shall cover, individually and collectively, all accounts opened and/or reopened by the Customer with LIQUID BROKERS.
8.1.2 This Agreement, including all authorizations, shall benefit LIQUID BROKERS and its successors and assigns, whether by merger, consolidation, or otherwise, and shall bind the Customer and/or the Customer’s estate, executor, trustees, administrators, legal representatives, successors and assigns.
8.1.3 The Customer ratifies all transactions with LIQUID BROKERS that occurred prior to the date of this Agreement and agrees that the terms of this Agreement shall govern the Customer’s rights and obligations with respect to those transactions.
This Agreement may be terminated at any time by the Customer and shall remain in effect until termination when the Customer has no open position(s) and no liabilities held by or owed to LIQUID BROKERS upon the actual receipt by LIQUID BROKERS of written notice of termination via email, or at any time whatsoever by LIQUID BROKERS upon the transmission of written notice of termination to the Customer; provided, however, that such termination shall not relieve the Customer of any obligations incurred prior to termination.
LIQUID BROKERS shall not be deemed to have accepted this Agreement, nor does it become a legally binding contract between the Customer and LIQUID BROKERS until LIQUID BROKERS verifies and approves the Customer’s information.
The Customer agrees to indemnify and hold LIQUID BROKERS, its affiliates, employees, agents, successors and assigns harmless from and against any and all liabilities, losses, damages, costs, and expenses, including attorney’s fees, incurred by LIQUID BROKERS as a result of the Customer's failure to fully and timely perform the Customer’s responsibilities hereunder or if any of the representations and warranties are not accurate.
LIQUID BROKERS shall not be liable to the Customer for any claims, losses, damages, costs or expenses, including attorney’s fees, caused, directly or indirectly, by any events, actions or omissions, including, without limitation, claims, losses, damages, costs or expenses, including attorney’s fees, resulting from civil unrest, war, insurrection, international intervention, governmental action (including, without limitation, exchange controls, forfeitures, nationalizations), and natural disasters.
8.6.1 The terms “LIQUID MARKETS PTY LTD”, “LIQUID BROKERS”, and/or “the Company” encompasses LIQUID MARKETS PTY LTD as well as its affiliates, divisions, successors, and assigns.
8.6.2 The term “Customer” refers to the party (or parties) executing the Agreement, and the term “Agreement” refers to all other agreements and authorizations executed by the Customer in connection with the maintenance of Customer’s Account with LIQUID MARKETS PTY LTD, regardless of when executed.
8.7.1 The term “Website” refers to https://www.liquidbrokers.com/. The Website provides content and information to the Customer. The website’s content is provided as a courtesy, but it may be inaccurate or outdated.
8.7.2 The Customer agrees to always rely on the Customer’s transaction confirmations and account statements as the account’s official records. This information is not associated with a particular account.
8.7.3 The term “Information” consists of market data, news, research, financial analysis, commentary, and tools provided by third parties to LIQUID BROKERS and provided to the Customer by the Company.
8.7.4 The information on the website is derived from credible sources, but its accuracy cannot be guaranteed. The information provided on our websites is not tailored to the Customer, and the Customer acknowledges that the information provided to the Customer does not constitute a recommendation regarding the purchase and/or sale of any trading product.
8.7.5 LIQUID BROKERS may change, revise, modify, add, upgrade, remove, or discontinue any portion of its Website without notifying the Customer. The website may contain links to websites operated by third parties.
8.7.6 LIQUID BROKERS is not responsible for the website’s information and/or content.
The Customer agrees that the market data, news, and other information accessible through our Website are for personal use only and that the Customer will not retransmit or republish this information in any form without the prior written consent of LIQUID BROKERS.
8.8.1 No provision of this Agreement may be waived or amended unless the waiver or amendment is in writing and signed by the Customer and an authorized officer of LIQUID BROKERS.
8.8.2 No waiver or amendment of this Agreement may be implied from any course of trading between the parties or from any failure by LIQUID BROKERS or its agents to assert its rights under this Agreement on any occasion or series of occasions.
8.8.3 This Agreement, any attachments thereto, and the terms and conditions contained in statements and confirmations constitute the entire agreement between the parties with respect to the subject matter of this Agreement.
8.8.4 The validity of the remaining provisions and conditions shall not be affected thereby, and this Agreement shall be carried out as if such invalid or unenforceable provision or condition had never been included.
The Customer grants LIQUID BROKERS permission to transfer and assign the Customer’s account to a futures commission merchant or another legal entity. The Customer may not transfer or assign this Agreement without the prior written consent of LIQUID BROKERS. Any purported assignment by the Customer in violation of this clause is void, null, and unenforceable.
This Agreement is governed by the law of Saint Lucia and will be subject to the exclusive jurisdiction of the Saint Lucia Courts.
LIQUID BROKERS does not operate and/or maintain any official social media accounts on any platform(s). Any account or profile appearing under the name “LIQUID BROKERS,” “LIQUID BROKERS AI,” “LIQUIDBROKERS,” or any variation or derivative thereof on platforms including, but not limited to, X (formerly Twitter), Facebook, Instagram, Snapchat, TikTok, WeChat, Threads, or any other current or future social media or messaging platform, is not affiliated with or authorized by LIQUID BROKERS in any manner.
All official communications, announcements, and information from LIQUID BROKERS are exclusively disseminated through its official website domain www.liquidbrokers.com and official email communications (see Section 5 above).
Clients and the general public are strongly advised to disregard any other source claiming to represent LIQUID BROKERS. Clients are urged to notify our support team of any social media accounts, pages, or online profiles that claim to represent, or impersonate our company. This includes any use of our name, branding, or associated materials.
Last Updated: August 2025
The AFFILIATE indicates existing and potential clients in the process of attaining affiliation with the Company pursuant to the Terms and Conditions of this Agreement. The AFFILIATE and the Company may be individually referred to as “Party” or collectively referred to as “Parties”.
In this Agreement, the following terms shall have the meaning identified below:
1.1 “Existing Client” refers to a client of the Company who has agreed to the Terms and Conditions of the Client Agreement.
1.2 “Potential Client” refers to a potential client of the Company.
1.3 “Referral” refers to a trader that has been referred to the platform via IBs.
1.4 “Client Account” refers to the account allocated to a Client following registration with the Company.
1.5 “Client Agreement” refers to the Terms of Use and Privacy Policy on the Company Website.
1.6 “Company” refers to LIQUID MARKETS PTY LTD (trading as “LIQUID BROKERS”), a company incorporated in Saint Lucia.
1.7 “Company Services” means the exchange platform and the related customer support provided by the Company.
1.8 “Company Website” means https://www.liquidbrokers.com/
1.9 “Confidential Information” means any confidential information divulged from one Party to the other Party pursuant to this Agreement and which encompasses, amongst others; ideas, techniques, models, and data; computer software in source or object code and related documentation, flowcharts and diagrams; marketing techniques and materials, marketing plans, strategies, and development plans (including prospective trade names and trademarks); client names, information and pricing policies; and financial information.
1.10 From the date of affiliation and account creation, the IB accepts the Terms and Conditions of this Agreement.
1.11 “AFFILIATE/IB” refers to an individual or legal entity which introduces referrals to the company and operates in the interests of the Company, on the basis of this Agreement.
1.12 “IB code” refers to the IB’s unique identification code.
1.13 “Privacy Policy” refers to the Company’s Privacy Policy as amended from time to time.
1.14 “Referral Commission” refers to the commission payable by the Company to the IB within the context of this Agreement.
1.15 “Referral link” means the link to the Company Website containing the IB’s unique identification number, which is to be used by the IB to introduce referrals to the broker platform.
1.16 “Terms of Use” means the Company’s Terms of Use at https://www.liquidbrokers.com/policy as amended from time to time.
2.1. In conformity with the Terms and Conditions of this Agreement, an Existing Client who is a party to, and is in compliance with the Client Agreement with the Company and uses a trading account to trade on the Company Website shall have the right to introduce a referral to the Company on the basis of and under the conditions provided herein.
2.2. The Terms and Conditions of this Agreement become binding for each IB at the moment the IB joins the LIQUID BROKERS Affiliate Program. This Agreement contains all the Terms and Conditions that regulate the relationship between the Company and the IB.
2.3. To become an IB of the Company, an individual or a legal entity must:
2.4. In addition to any documents and/or information provided to the Company as part of the initial registration process as a Client, the Company reserves the right to request any additional documents and/or information in order to verify the status of the IB as an individual or legal entity.
2.5. From the Effective Date the IB may:
3.1. The IB shall not, under any circumstance, construe this Agreement as the creation of a partnership, joint venture, agency, or employer-employee relationship. The IB may only operate and act in relation to third parties as an Existing Client of the Company, serving as an IB and not in any other capacity.
3.2. The IB is not a representative of the Company and is not authorized by the Company to provide any of the Company Services on the Company’s behalf and the IB must not do or say anything to imply anything to the contrary to any Referral.
3.3. The IB shall be granted a non-exclusive, non-transferable, non-assignable, limited royalty-free license to use the Company name, logo, trademarks (registered or not registered) provided in the Client Account (the “Company Marks”), the Referral link, and/or advertising materials provided by the Company in Client referrals. Nothing in this Agreement creates or grants any proprietary right, title, or interest to any of the Company Marks and/or advertising materials and the IB acknowledges any such rights to the Company Marks and advertising materials shall remain the sole and absolute property of the Company.
3.4. The Company shall not under any circumstances whatsoever be responsible for:
4.1. It shall be the IB’s responsibility to promote the Company and/or the Company Services in compliance with all the applicable laws of his (if the IB is an individual) or its (if the IB is a company) country of residence and/or incorporation (as the case may be) where the introduction of the Referral are taking place. The Company in no way accepts any responsibility for any violation of such laws committed by the IB.
4.2. The IB shall promptly notify the Company in writing of any assertion of any material claim against the IB by any Client(s) and/or Referred Client(s), or of any suit and/or proceedings by any Client(s), Referrals and/or regulatory agency against the IB.
4.3. The IB is obligated to put forth maximum effort in introducing Referrals to the Company.
4.4. If the Referral is deemed to be introduced by the IB, the IB Code will automatically be placed in all following trading accounts opened by the Referral. A Referral cannot be transferred to another IB. In the event that the IB terminates its/his Client Account with the Company for whatever reason, the IB code will be removed in the trading account opened by the Referral. For the avoidance of doubt, in such an event, the Referral will not be able to be referred by any other IB or transferred to any other IB.
4.5. The Company reserves the right to independently register a Referral as having been referred by the IB if the Referral writes to the Company with a request to attach the Referral’s Client Account to a particular IB within one 30 (thirty) business days after registration. The request may be made to the Company in the following ways:
4.5.1. By email at support@liquidbrokers.com
4.5.2. The instant messaging function available on the Client Account; or
4.5.3. The chatbot function is available on the Company Website. The Referral shall be required to explain why registration was not affected via the use of the Referral Link of the IB.
4.6. The IB must stop using any advertising material provided by the Company and/or the Company Marks immediately upon written request of the Company. In the event that IB does not comply with this written request within fourteen (14) days of receiving the same, the Company shall have the right to terminate this Agreement unilaterally.
4.7. The IB may not make use of any dishonest advertising methods for the purpose of promoting themselves on the internet. In particular, it is forbidden to:
4.7.1. Use methods of website promotion that violate the rules of internet search engines, knowingly manipulate the results of internet searches and use other methods of promotion that misinform or mislead search engines or search engine users;
4.7.2. Knowingly mislead website visitors by improperly redirecting them to other websites or internet resources;
4.7.3. Use advertising material containing false information, pornographic content, or material that serves to ignite ethnic conflict or racial discrimination;
4.7.4. Send mass mailings of any kind whether of a commercial, political, or any other nature which the recipients have not expressed a desire to receive;
4.7.5. Use advertising material containing false information about the Company and/or the Company Services offered or knowingly conceal risks from Referrals relating to the same;
4.7.6. Use any materials which may damage the positive image of the Company;
4.7.7. Use any other dishonest advertising methods.
4.8. The IB shall not:
4.9. The IB is strictly forbidden from advertising in contextual advertising systems such as Yandex, Direct, Begun, and Google AdWords using keywords containing “LIQUID BROKERS”; and advertising in banner networks, internet catalogues, etc.
4.10. The IB is obligated to inform the Company of any facts or circumstances of which it has become aware regarding any of its Referrals that could lead to adverse consequences (risks) for the Company.
4.11. Should Existing Clients or Referrals lodge complaints regarding the activity of the IB, the IB shall be obligated to independently address all such complaints at the IB’s sole expense.
5.1. The Company is obligated to pay the Referral Commission to the IB in the amount and under the conditions stipulated in this Agreement.
5.2. The Company shall be responsible for the execution of Client orders and calculations of the Referral Commission due to the IB. Should the IB wish to check the calculations, the IB may request statements from their Referrals, on the basis of which an appeal may be made concerning the Company’s calculations. The Company does not provide statements on Referral transactions.
5.3. The Company has the right to monitor the activities of the IB regarding the functions and duties of the IB under this Agreement. In the event that the IB is found to be in contravention of any such functions and/or duties, the Company shall be entitled to send the IB email warnings regarding the contravening conduct. This is without prejudice to any other rights the Company may have against the IB under this Agreement.
5.4. The Company has the right to request and receive information from the IB on the latter’s fulfilment of the provisions contained in this Agreement.
6.2. The IB entering into relations with the Company is obligated to inform interested parties and referrals of its IB status and authority. Since the IB is an intermediary, it is the Company that carries out all actions and measures necessary to conclude the Client Agreement with the Client through the Company Website.
6.3. The IB is not entitled, in its own name and/or on behalf of a Referral, to register a Referral with the Company and/or accept the Client Agreement on behalf of the Client using the IB’s personal login username and password. The IB is obligated to inform the Referral of the need to protect the security and confidentiality of a Client’s account and login information (login username and password) to the Company’s Website. The Client shall be responsible for ensuring that such information is not given out to third parties.
6.4. During the period of validity of the Client Account, all actions performed using the Client Account shall be considered to be carried out personally by the Existing Client. The Company shall not be held responsible for the unauthorized use of the Client Account information by third parties.
6.5. Under no circumstances does the IB have the right to:
6.6. Should the IB breach the Terms and Conditions of this Agreement, the Company reserves the right to close the IB’s Client Account and exclude logins by the Referral(s) until the IB has rectified such breach, provided that the breach is capable of remedy.
6.7. The IB itself cannot act as a Referral of an IB. Should any data of the IB coincide with data associated with any Referred Client (such as email, IP addresses, etc.), the Referral shall be removed from the IB’s Referred list and the Referral Commission based on this Referral will not be paid.
7.1 All affiliate commissions upon request for all affiliates generating cumulative commissions reaching equivalent to USD10 (ten) or more. Should the commissions accumulate to less than the ten USD ($10) threshold, commissions will remain unpaid until the ten USD ($10) threshold is met.
7.2 Our 5-tier commission structure works so that:
When a Trader signs up using an affiliate’s unique Referral link, he/she /they will receive equivalent two USD ($2) per traded lot PLUS equivalent one USD ($1) per traded lot for their referrals’ users. In case when the referral/s will not refer, the affiliate will earn the full default commission amount in the amount of equivalent to four USD ($4).
7.3 Commissions generated from those residing in restricted countries are void.
7.4 Affiliates are prohibited from creating an alternative account via their affiliate link and any commission generated from trades made under their personal trading account will be void.
7.5 Only one IB account per IB may be created.
The IB hereby represents and warrants that from the Effective Date:
9.1. This Agreement shall enter into force from the Effective Date and shall remain valid as long as:
9.2. In the event that the IB ceases to have a Client Account with the Company for whatever reason, this Agreement shall be terminated immediately.
9.3 If the IB ceases to have a Client Account with the Company:
10.1. Neither Party hereof shall be held liable for the complete or partial failure to fulfil its obligations should this failure result from a force majeure event or circumstance (including but not limited to fire, earthquake, and other natural disasters, war, or other military operations, blockades, government regulations and other extraordinary and unavoidable circumstances beyond either Party’s control).
10.2. The Party for whom it becomes impossible to fulfil its obligations is obligated to inform the other Party through written notification of the onset, estimated duration, and cessation of the above-mentioned circumstances within five (5) business days from the moment of their onset and cessation.
10.3. The facts set out in the notification should be confirmed by a competent authority or organization of the respective country. The delay or absence of notification by the Party concerned deprives said party of the right to cite any of the above-mentioned circumstances as grounds for release from responsibility for the failure to fulfil its obligations.
10.4. Should the inability to either completely or partially fulfil obligations last more than three (3) months, the Agreement will automatically be terminated.
11.1. In the event that the IB breaches any clauses in this Agreement, the Company will have the right at its sole and absolute discretion to termination this Agreement with immediate effect.
11.2. This Agreement may be terminated at any time as follows:
For the avoidance of doubt, if termination of this Agreement is effected pursuant to Clauses 10, 11.2.1, and 11.2.2, the cancellation of any Referral Commission due to the IB shall be from the date of the written notice served by the relevant Party.
11.3. On termination of this Agreement, the IB shall:
11.4. The termination of this Agreement is without prejudice to any clause which by operation of law survives or is specifically stated to survive the termination of this Agreement. For the avoidance of doubt, Clauses 9 (Contract Term), 11 (Termination), 12 (Indemnification and Limitation of Liability), 13 (Confidentiality), and 15 (Governing Law and Jurisdiction) shall survive the termination of this Agreement.
11.5 In the event that the terms of this Agreement differ from those in the Affiliate Relationship Terms Sheet between you and the Company (as applicable), the Affiliate Relationship Terms Sheet will take precedence and will be binding on the AFFILIATE.
12.1. The IB shall defend, indemnify and hold harmless the Company, and its respective affiliates, directors, officers, employees, agents, and representatives from and against all claims, demands, losses, damages, and costs and expenses (including legal costs and expenses) or liabilities of whatever nature or kind of the Company or third parties arising out of or in connection with a breach by the IB of any of its obligations or warranties under this Agreement.
12.2. Under no circumstances shall the Company be liable to the IB for indirect, incidental, consequential, special, or exemplary damages (even if such party has been advised of the possibility of such damages), arising from any aspect of the relationship provided herein.
13.1. Each Party undertakes that it shall not at any time disclose to any person any Confidential Information which is disclosed by the other Party as part of this Agreement except where necessary to its employees, officers, representatives or advisors for the purposes of carrying out their respective obligations under this Agreement.
13.2. No Party shall use the other Party’s confidential information for any purpose other than for the purposes set out in this Agreement.
13.3. The confidentiality obligations contained in this clause shall be for the duration of this Agreement, and shall continue for a period of three (3) years from the date of termination of this Agreement.
14.1. The granting by any party of any time or indulgence in respect of any breach of any provision of this Agreement by the other shall not be deemed a waiver of such breach and the waiver by any party of any breach of any provision of this Agreement by the other shall not prevent the subsequent enforcement of that provision and shall not be deemed as a waiver of any subsequent breach.
14.2. Save as expressly provided herein, this Agreement shall operate to the entire exclusion of any other agreement or understanding of any kind pertaining to the subject matter of this Agreement between the parties preceding the Effective Date.
14.3. All rights, remedies, and powers conferred upon the parties pursuant to this Agreement are in addition to such other rights, remedies, or powers now or subsequently conferred upon them by law or otherwise.
14.4. Neither Party shall assign this Agreement or any rights under this Agreement without the prior written consent of the other Party, which shall not be unreasonably withheld. This Agreement shall be for the benefit of and be binding on the Parties and their successors in title or permitted assigns.
14.5. Should any term of this Agreement be considered void or voidable under any applicable law, then such terms shall be severed or amended in such a manner as to render the remainder of this Agreement valid or enforceable unless the whole commercial object is thereby frustrated.
14.6. Where this Agreement is issued in a language other than English, the English language version shall take precedence in the event of any conflict.
14.7. The IB agrees to allow the Company to use the IB’s contact information, for example, address, email, and other information specified in the Client registration form to send the IB letters and proposals.
14.8. In the interest of complete clarity, the IB shall always and under all circumstances, without exception, act solely on its own behalf, and not in the name of the Company.
The AFFILIATE agrees and acknowledges that they are solely responsible for ensuring that all promotional, referral, and advertising activities comply with all applicable laws, regulations, and financial services requirements in any jurisdiction in which they operate or target clients.
15.2 REQUIRED DISCLOSURES TO CLIENTS
Where applicable, the AFFILIATE shall clearly disclose to clients, potential clients, and the public:
The AFFILIATE agrees not to misrepresent their legal, regulatory, or professional status and shall ensure that all materials distributed in connection with the Company are accurate, lawful, and transparent. The AFFILIATE shall not purport to act on behalf of the Company in any regulated capacity.
15.4. INDEMNIFICATION
The AFFILIATE shall indemnify, defend, and hold harmless the company and its affiliates, directors, officers, employees, and agents against any and all losses, claims, demands, fines, damages, liabilities, regulatory penalties, or expenses (including legal fees) arising directly or indirectly from the AFFILIATE's failure to comply with applicable regulatory obligations or disclosure requirements in any jurisdiction.
The obligations set forth in this clause shall survive the termination of this Agreement indefinitely.
This Agreement is governed by the law of the Saint Lucia and will be subject to the exclusive jurisdiction of the Saint Lucia Courts.
Liquid Markets PTY LTD - PAMM Policy
This is a legal contract between Liquid Markets Pty Ltd, (trading as “Liquid Brokers” and hereinafter also referred to as the “Company”) its successors, and assigns; and the party (or parties) executing this document.
The PAMM account Terms, jointly with the Terms & Condition and Risk Disclaimer include all the provisions and conditions provided to the Client by the Company for the use of PAMM accounts. Reading and understanding all of the above documents is a mandatory requirement in order to access the PAMM service. By registering as a Manager or an Investor, the Client acknowledges and confirms that he has read and understood all documents in relation to the PAMM service.
The PAMM Account service is intended to connect Investors’ Investment Accounts to the account of the Manager (hereinafter, “Manager”) for purposes of further transactions of the Manager on the financial markets in the interests of the Investors.
The PAMM Account unites Investors’ Investment Accounts into a single trading account.
The Manager is an agent of the Investor in relation to the Investment Account.
All transactions performed by the Manager on the PAMM Accounts are subject to this Terms and Conditions, Risk Disclosure and General Terms and conditions.
The Liquid Markets Pty Ltd PAMM Account service is not an asset management tool for
Investors. This service provides the opportunity to follow the trading strategies of the
Manager, who may manage his/her own personal capital through a specific PAMM Account, and/or with the Investor's own capital. The investor, voluntarily, at their own risk, selects the Manager. All decisions of acceptance or rejection of the Manager’s offered terms are a personal matter of each potential investor and are received without any recommendation or solicitation by the Company.
The Company has no right to disclose any personal information about the Managers. Manager PAMM Account is a personal account of the Company's Client and therefore its owner's details cannot be disclosed to third parties. Based on this, any claims and/or requests that may be brought against the Company on behalf of investors against Managers will be rejected.
An Investor accepting the Manager terms confirms that he/she understands and accepts the nature of inherent risks and implications of Trading in financial markets.
The Company therefore states to the investor that it does not and will not guarantee the recurrence of rates of return that have been made by the Manager in the past.
All trading on the PAMM Accounts can only be performed by the Manager on the basis of such terms. The Company will reject all claims of the Investor(s) that the Manager failed to comply with their recommendations.
All transfers of funds between the Investor’s personal accounts and PAMM trading accounts are carried out only on the basis of requests from Investors. The Manager cannot influence the decision making for the inflow or outflow of Investor funds.
The Investor has no right to bring a claim against the Company's trading operations conducted in the PAMM Account. Only the Manager, according to procedures set by the Company, may submit a claim to Company.
The Company reserves the right to terminate the provision of the PAMM service to any manager at any time upon its sole discretion. The company may reject any request of Managers or Investors to provide the motives or reasons for such a decision. Such a decision, in relation to any Manager, cannot be used by Clients as a fact which can harm the Company’s, its employee’s or owner’s reputation.
PAMM Accounts
PAMM accounts are designed to allow the application of strategies as set by the Manager, who manages capital in trading in the Forex and Financial markets, in relation to the Investor's capital. The Manager performs trades on PAMM Accounts, which may consist of his funds as a Manager and the Investor's capital.
The Manager has the right to:
Carry out trading transactions on PAMM Accounts on the instruments offered by the Company.
Establish the Manager terms.
The Manager has no right or shall not be allowed to request the deposit or withdrawal of funds to or from the Investor’s Accounts.
All PAMM Account calculations, deposit and withdrawal of funds, crediting and debiting of success fees and penalties if applicable are performed by the Company.
Manager Account
A Client by creating the PAMM Manager Account unconditionally accepts the terms and conditions set thereof. The Manager will receive an email with the login details after successful registration.
Unless otherwise specified by the Manager, the newly added PAMM Account may be added to Public PAMM Account Rankings on the official website of the Company.
The Company allows the Manager to use the PAMM services without publication of a Manager Offer in the public PAMM Account Rankings.
The Company reserves the right to limit the number of Manager Accounts and/or remove, suspend or terminate any account upon its sole discretion.
The Company reserves the right to take any precautionary measures as deemed necessary in order to protect the best interests of the PAMM service without prior notice to the Client. In particular, the Company has the right to proceed with the following actions, the list is not exhaustive:
Modify the PAMM Manager Account leverage;
Modify the PAMM Manager Account Stop Out Level;
Modify the PAMM Strategy Settings;
Request a PAMM Manager Account to cease operations.
Manager’s Proposal
Manager’s Proposal is a proposal to use strategies, used by Managers to perform trading transactions on behalf of any Client of the Company. Each proposal consists of a set of parameters used by the Company for the calculation of the remuneration of the Manager, as well as a set of conditions for the formation and operation of Managed accounts. Acceptance or rejection of any term of Proposal regarding the investment in any PAMM account is an entirely voluntary decision of the Client.
The Manager cannot influence the process of funds withdrawal from the Investor's account, which is carried out by the Company upon the request of the Investor.
Investor Account
Registration of any Client as an Investor is performed by the Company at the time of his/her acceptance of the Manager’s Offer. By accepting the Manager's offer the Client confirms that he or she:
Read and understood all of the provisions of these Terms.
Has all the power and authority to abide by these Terms and understands the significance of his/her own actions.
Ensures that the management of the Investor funds cannot entail any violation of the rights of the Investor or any third party.
Manager's Proposal is considered as accepted when an Investor submits a request to deposit funds to the specific Manager Account. An Investor cannot cancel a request to deposit funds once it has been submitted. In case an Investor wants to cancel his investment underfunded Manager account, the withdrawal of all the funds deposited will need to be submitted and an Investor will be required to cover any Penalty Fees applicable.
Client is permitted to register one Investor Account. The Company reserves the right to limit the number of Manager Accounts and/or remove, suspend or terminate any account upon its sole discretion.
Investor Account Participation
The Investor Account Participation is used to determine which part of the achieved profit and loss in the PAMM Manager account will be distributed to each Investor Account.
Calculation of the Investor Account Participation is produced during each PAMM Manager Account Balance Operation and is proportional to the invested funds.
Rollover
Rollover is a recurrent procedure for PAMM Accounts. The duration of rollover is depending on the amount and composition of the PAMM Accounts.
Each rollover includes:
Opening of New Investments;
Processing of Pending Investment Deposits;
Processing of Pending Investment Withdrawals;
Processing of Profit Share if applicable;
Deposits
Deposits into PAMM Manager Accounts are processed during next rollover after Manager’s approval.
Pending deposits cannot be cancelled.
Withdrawals
Withdrawals on PAMM Manager Accounts are processed during next rollover after Manager’s approval.
Calculation of the positions obtained profit and loss and the payment for overnight positions carrying is calculated for each managed account based on the Investor Account Participation proportionally.
PAMM and Managed Account’s Calculations
The Company calculates the Investor’s balance according to the following formula: a. Investors’ Balance = Deposit - Withdrawals + realized Profit/Loss – Profit share,
b. Deposit = Amount deposited
c. Withdrawals = Amount withdrawn,
c. Profit/Loss = the value of the realized Profit/Loss, including commission and swap fees, achieved with the PAMM account during the preceding and following rollover interval.
Manager’s Obligations
The Manager taking into account all of the risks of trading engages in activities aimed at increasing the Managers Capital and Investor Funds.
The Manager Confirms that:
He/She self regulates every requirement of Foreign Exchange, tax and other legal implications in the jurisdiction a resident of which he/she is.
All the personal data and Client identifications documents that were provided to the Company during the Client and the PAMM account registration is accurate.
All documents that regulate trading and non-trading operations as well as these terms were carefully read and understood.
All of the risks and implication of trading on the financial markets are defined and understood.
The Manager agrees that he/she would be obliged to autonomously settle all possible claims or complaints against him/her by Investors or from the governing authorities, and under no circumstances would the Company or any of its owners or any of its representatives be involved in such a legal matter.
The Manager shall continuously monitor and manage the PAMM account.
The Manager agrees to keep access passwords to the trading platform secure and confidential, and do not have the right to disclose these passwords to third parties. All actions related to the fulfillment of these Terms and Conditions and/or usage of login and password are considered executed by the holder of said information. The Company does not bear responsibility for the unauthorized use of registration data by third parties.
Manager agrees that he has no right to:
Affiliate himself with the Company publicly or otherwise, in contracts and agreements either verbally or in writing.
Use the Company trademark or its logo in any documents or offer.
Make statements, calculations or obligations on behalf of the Company on any public means of communications (such as forums, journal articles etc).
Manager agrees that if the results of his activities the Company will be presented with any claims or demands, he is obliged to settle all financial claims at his own expense (including all balances in his trading accounts with the Company).
Investor’s Obligations
Investor confirms that:
He/she self regulates every, but not limited to, requirement of Foreign Exchange, tax and civil law of the jurisdiction a resident of where he/she is residing.
All the personal data and Client identifications documents that were provided to the Company during the Client and the PAMM account registration is accurate.
The Company has a right to share with the PAMM Manager PAMM Investor’s full name for identification purposes. All other confidential information will be shared based on PAMM Investor’s request.
All documents that regulate trading and non-trading operations as well as these terms, were carefully read and understood.
All of the risks and implications of Trading in the Financial Markets are defined and understood.
Investor agrees that all claims and complaints by third parties that may arise as a result of his/her activities will be resolved independently by him/her and at own expense.
Investor acknowledges that the Manager may be compensated by the Company based on traded volume as well as based on the management fee and/or performance fee.
Effective Duration and Amendments
These Terms and Conditions come into force for Company Clients the moment they are accepted in Liquid Markets Pty Ltd and cease to be in effect the moment the Client account is terminated.
The Client acknowledges that the Company has a right to introduce amendments to the provisions of these Terms and Conditions at any time.
Risks
The Manager and Investor accept responsibility for possible financial losses such as direct losses that may exceed the investment(s) total amount or lost profit resulting from the following risks:
the risk that the Manager does not possess the necessary qualification or knowledge required to manage Investors’ funds;
the risk that the Manager may not observe Investors’ interests or may carry out fraudulent operations in relation to Investors’ funds; the risk that the Manager may lose control over the PAMM Account; the risk that third parties may gain access to management of the PAMM Account; the risk that complaints may be submitted by the Manager to the Company in an untimely fashion concerning the completion of operations on the Investor’s Investment Account; the risk of unforeseen delays in transfers between accounts or the untimely execution of deposit/withdrawal requests or the closing/liquidation of a PAMM Account; the risk of a PAMM Account’s liquidation.
The PAMM Account Manager and their Investors are financially liable for any losses incurred on a PAMM Account. Their liability is proportionate to their share in the PAMM Account. Under no circumstances does the Company bear responsibility for the consequences of such risks.
Governing law
This Agreement is governed by the law of Saint Lucia and will be subject to the exclusive jurisdiction of the Saint Lucia Courts.
LIQUID MARKETS PTY LTD (trading as “LIQUID BROKERS”) is committed to the highest standards of integrity, transparency, and regulatory compliance. This combined AML/KYC Policy describes the measures, controls, and procedures we apply to prevent money laundering, terrorist financing, and other illicit financial activities, and to verify and monitor all client relationships in accordance with the applicable legal framework.
This Policy applies to every prospective and existing client of LIQUID BROKERS. Its purpose is to ensure that LIQUID BROKERS’ products and services are not used to launder money, finance terrorism, or facilitate other financial crimes. To achieve this, we identify and verify the true identity of all clients and perform ongoing, risk-based monitoring of client relationships and transactions.
2.1 LIQUID BROKERS complies with Saint Lucia’s Money Laundering (Prevention) Act, the Proceeds of Crime Act, and related statutes – including their recent amendments – governing anti-money laundering (“AML”), counter–terrorist financing (“CFT”), and proceeds-of-crime forfeiture mechanisms. These laws define money laundering offenses, establish customer due diligence (“CDD”) obligations, suspicious transaction reporting requirements, record-keeping mandates, and enhanced scrutiny for high-risk customers such as politically exposed persons.
2.2 We further adhere to the guidelines and supervision of the Financial Intelligence Authority (“FIA”) – Saint Lucia’s Financial Intelligence Unit – as well as the Financial Services Regulatory Authority (“FSRA”) and the Eastern Caribbean Central Bank (“ECCB”) where applicable, for AML/CFT oversight and financial sector compliance
2.3 In addition, data protection practices are governed by Saint Lucia’s Data Protection Act, in force since early 2023. Under this law, personal data must be processed in accordance with core principles: lawful collection, limited purpose, data quality, use limitation, security safeguards, accountability, and rights for individuals to access, correct, and in some cases erase their data. Data controllers must register with the Data Protection Commissioner and implement appropriate security measures. Transfers of personal data outside Saint Lucia are only permitted to jurisdictions with adequate protection regimes.
The Board of Directors is responsible for approving this Policy and for allocating sufficient resources to ensure its effective implementation. The designated Compliance Officer maintains and updates the AML/CFT and KYC programme, files Suspicious Transaction Reports (“STRs”) and Currency Transaction Reports (“CTRs”) with the Financial Intelligence Authority (“FIA”) and liaises with the Financial Services Regulatory Authority (“FSRA”), the Eastern Caribbean Central Bank (“ECCB”) (where applicable), and other relevant regulatory authorities.
All employees must complete mandatory AML/KYC training in accordance with the Money Laundering (Prevention) Act and related legislation and must report any suspicions of illicit activity to the Compliance Officer without delay.
Before establishing any business relationship, LIQUID BROKERS conducts a risk assessment to classify each client as low, medium, or high risk based on factors such as geographic location, expected transaction volume, and product usage. We collect identification documents that conform to the applicable regulations: natural persons must present a valid national identity card, passport, or driver’s licence, while juristic entities must provide a certificate of incorporation, proof of registered address, and details of directors and ultimate beneficial owners.
We verify these documents through reliable, independent sources or accredited electronic databases where available.
As part of our CDD procedures, we collect and record essential client information, including the client’s full name, date of birth, nationality, residential address, and contact details. We screen each client against international sanctions lists, Politically Exposed Person (“PEP”) registries, and reputable adverse-media sources to ensure that we understand each client’s background fully.
LIQUID BROKERS applies enhanced due diligence measures to clients who present a higher risk, such as PEPs, clients from jurisdictions identified as having elevated money-laundering concerns, or those with complex ownership structures. For these relationships, we obtain additional documentary evidence of source of funds and source of wealth, require senior management approval to onboard the client, and conduct more frequent reviews of the client’s profile and transaction activity.
Once a business relationship is established, we continuously monitor account activity through both automated systems and manual reviews to detect transactions that deviate from expected patterns in size, frequency, or counterparty. We refresh KYC documentation at least every twelve months for high-risk clients and every thirty-six (36) months for lower-risk clients. Any material change in a client’s profile triggers an immediate review and update of their due-diligence records.
LIQUID BROKERS files a STR with the Financial Intelligence Authority (“FIA”) within twenty-four (24) hours of identifying any transaction that may involve money laundering or terrorist financing.
We submit Currency Transaction Reports (“CTRs”) for all cash transactions exceeding the equivalent of ten thousand USD ($10,000), or the applicable local currency threshold as prescribed under the Money Laundering (Prevention) Act, within fifteen (15) business days of the transaction.
If we detect property or funds linked to terrorist activities, we file a Terrorist Property Report (“TPR”) with the FIA within twenty-four (24) hours of detection, in accordance with the Anti-Terrorism Act and related regulations.
We screen all new clients against the United Nations Security Council sanctions lists and relevant domestic sanctions regulations. We re-screen our entire client base quarterly and whenever a material change occurs in a client’s profile to ensure ongoing compliance.
In accordance with the applicable laws, LIQUID BROKERS retains all client identification records, transaction logs, screening results, and related correspondence for a minimum of seven (7) years. These records are stored securely in tamper-evident systems with restricted access, and regular backups are performed to ensure data integrity and recoverability.
All new employees undergo mandatory AML/KYC induction training upon hiring, and all staff members complete annual refresher courses. We also provide role-specific training modules for frontline personnel, compliance teams, risk managers, and internal auditors. These programmes are updated regularly to reflect changes in regulatory requirements and emerging typologies of financial crime.
LIQUID BROKERS handles all personal information collected under this Policy in accordance with our Privacy and Data Protection Policy and the requirements of Saint Lucia’s Data Protection Act. Access to sensitive records is restricted to authorised personnel only, and all STRs, CTRs, TPRs, and internal investigation materials are treated as strictly confidential in accordance with applicable law.
This AML/KYC Policy is reviewed at least annually, or sooner if there are material changes in the applicable legislation, regulatory guidance, LIQUID BROKERS’ risk profile, product offerings, or organisational structure. Any proposed amendments must be approved by the Board of Directors before implementation.
If you have any questions about our AML/KYC procedures please contact us at: https://www.liquidbrokers.com/
The AFFILIATE indicates existing and potential clients in the process of attaining affiliation with the Company pursuant to the Terms and Conditions of this Agreement. The AFFILIATE and the Company may be individually referred to as “Party” or collectively referred to as “Parties”.
In this Agreement, the following terms shall have the meaning identified below:
1.1 “Existing Client” refers to a client of the Company who has agreed to the Terms and Conditions of the Client Agreement.
1.2 “Potential Client” refers to a potential client of the Company.
1.3 “Referral” refers to a trader that has been referred to the platform via IBs.
1.4 “Client Account” refers to the account allocated to a Client following registration with the Company.
1.5 “Client Agreement” refers to the Terms of Use and Privacy Policy on the Company Website.
1.6 “Company” refers to LIQUID MARKETS PTY LTD (trading as “LIQUID BROKERS”), a company incorporated in Saint Lucia.
1.7 “Company Services” means the exchange platform and the related customer support provided by the Company.
1.8 “Company Website” means https://www.liquidbrokers.com/
1.9 “Confidential Information” means any confidential information divulged from one Party to the other Party pursuant to this Agreement and which encompasses, amongst others; ideas, techniques, models, and data; computer software in source or object code and related documentation, flowcharts and diagrams; marketing techniques and materials, marketing plans, strategies, and development plans (including prospective trade names and trademarks); client names, information and pricing policies; and financial information.
1.10 From the date of affiliation and account creation, the IB accepts the Terms and Conditions of this Agreement.
1.11 “AFFILIATE/IB” refers to an individual or legal entity which introduces referrals to the company and operates in the interests of the Company, on the basis of this Agreement.
1.12 “IB code” refers to the IB’s unique identification code.
1.13 “Privacy Policy” refers to the Company’s Privacy Policy as amended from time to time.
1.14 “Referral Commission” refers to the commission payable by the Company to the IB within the context of this Agreement.
1.15 “Referral link” means the link to the Company Website containing the IB’s unique identification number, which is to be used by the IB to introduce referrals to the broker platform.
1.16 “Terms of Use” means the Company’s Terms of Use at https://www.liquidbrokers.com/policy as amended from time to time.
2.1. In conformity with the Terms and Conditions of this Agreement, an Existing Client who is a party to, and is in compliance with the Client Agreement with the Company and uses a trading account to trade on the Company Website shall have the right to introduce a referral to the Company on the basis of and under the conditions provided herein.
2.2. The Terms and Conditions of this Agreement become binding for each IB at the moment the IB joins the LIQUID BROKERS Affiliate Program. This Agreement contains all the Terms and Conditions that regulate the relationship between the Company and the IB.
2.3. To become an IB of the Company, an individual or a legal entity must:
2.4. In addition to any documents and/or information provided to the Company as part of the initial registration process as a Client, the Company reserves the right to request any additional documents and/or information in order to verify the status of the IB as an individual or legal entity.
2.5. From the Effective Date the IB may:
3.1. The IB shall not, under any circumstance, construe this Agreement as the creation of a partnership, joint venture, agency, or employer-employee relationship. The IB may only operate and act in relation to third parties as an Existing Client of the Company, serving as an IB and not in any other capacity.
3.2. The IB is not a representative of the Company and is not authorized by the Company to provide any of the Company Services on the Company’s behalf and the IB must not do or say anything to imply anything to the contrary to any Referral.
3.3. The IB shall be granted a non-exclusive, non-transferable, non-assignable, limited royalty-free license to use the Company name, logo, trademarks (registered or not registered) provided in the Client Account (the “Company Marks”), the Referral link, and/or advertising materials provided by the Company in Client referrals. Nothing in this Agreement creates or grants any proprietary right, title, or interest to any of the Company Marks and/or advertising materials and the IB acknowledges any such rights to the Company Marks and advertising materials shall remain the sole and absolute property of the Company.
3.4. The Company shall not under any circumstances whatsoever be responsible for:
4.1. It shall be the IB’s responsibility to promote the Company and/or the Company Services in compliance with all the applicable laws of his (if the IB is an individual) or its (if the IB is a company) country of residence and/or incorporation (as the case may be) where the introduction of the Referral are taking place. The Company in no way accepts any responsibility for any violation of such laws committed by the IB.
4.2. The IB shall promptly notify the Company in writing of any assertion of any material claim against the IB by any Client(s) and/or Referred Client(s), or of any suit and/or proceedings by any Client(s), Referrals and/or regulatory agency against the IB.
4.3. The IB is obligated to put forth maximum effort in introducing Referrals to the Company.
4.4. If the Referral is deemed to be introduced by the IB, the IB Code will automatically be placed in all following trading accounts opened by the Referral. A Referral cannot be transferred to another IB. In the event that the IB terminates its/his Client Account with the Company for whatever reason, the IB code will be removed in the trading account opened by the Referral. For the avoidance of doubt, in such an event, the Referral will not be able to be referred by any other IB or transferred to any other IB.
4.5. The Company reserves the right to independently register a Referral as having been referred by the IB if the Referral writes to the Company with a request to attach the Referral’s Client Account to a particular IB within one 30 (thirty) business days after registration. The request may be made to the Company in the following ways:
4.5.1. By email at support@liquidbrokers.com
4.5.2. The instant messaging function available on the Client Account; or
4.5.3. The chatbot function is available on the Company Website. The Referral shall be required to explain why registration was not affected via the use of the Referral Link of the IB.
4.6. The IB must stop using any advertising material provided by the Company and/or the Company Marks immediately upon written request of the Company. In the event that IB does not comply with this written request within fourteen (14) days of receiving the same, the Company shall have the right to terminate this Agreement unilaterally.
4.7. The IB may not make use of any dishonest advertising methods for the purpose of promoting themselves on the internet. In particular, it is forbidden to:
4.7.1. Use methods of website promotion that violate the rules of internet search engines, knowingly manipulate the results of internet searches and use other methods of promotion that misinform or mislead search engines or search engine users;
4.7.2. Knowingly mislead website visitors by improperly redirecting them to other websites or internet resources;
4.7.3. Use advertising material containing false information, pornographic content, or material that serves to ignite ethnic conflict or racial discrimination;
4.7.4. Send mass mailings of any kind whether of a commercial, political, or any other nature which the recipients have not expressed a desire to receive;
4.7.5. Use advertising material containing false information about the Company and/or the Company Services offered or knowingly conceal risks from Referrals relating to the same;
4.7.6. Use any materials which may damage the positive image of the Company;
4.7.7. Use any other dishonest advertising methods.
4.8. The IB shall not:
4.9. The IB is strictly forbidden from advertising in contextual advertising systems such as Yandex, Direct, Begun, and Google AdWords using keywords containing “LIQUID BROKERS”; and advertising in banner networks, internet catalogues, etc.
4.10. The IB is obligated to inform the Company of any facts or circumstances of which it has become aware regarding any of its Referrals that could lead to adverse consequences (risks) for the Company.
4.11. Should Existing Clients or Referrals lodge complaints regarding the activity of the IB, the IB shall be obligated to independently address all such complaints at the IB’s sole expense.
5.1. The Company is obligated to pay the Referral Commission to the IB in the amount and under the conditions stipulated in this Agreement.
5.2. The Company shall be responsible for the execution of Client orders and calculations of the Referral Commission due to the IB. Should the IB wish to check the calculations, the IB may request statements from their Referrals, on the basis of which an appeal may be made concerning the Company’s calculations. The Company does not provide statements on Referral transactions.
5.3. The Company has the right to monitor the activities of the IB regarding the functions and duties of the IB under this Agreement. In the event that the IB is found to be in contravention of any such functions and/or duties, the Company shall be entitled to send the IB email warnings regarding the contravening conduct. This is without prejudice to any other rights the Company may have against the IB under this Agreement.
5.4. The Company has the right to request and receive information from the IB on the latter’s fulfilment of the provisions contained in this Agreement.
6.2. The IB entering into relations with the Company is obligated to inform interested parties and referrals of its IB status and authority. Since the IB is an intermediary, it is the Company that carries out all actions and measures necessary to conclude the Client Agreement with the Client through the Company Website.
6.3. The IB is not entitled, in its own name and/or on behalf of a Referral, to register a Referral with the Company and/or accept the Client Agreement on behalf of the Client using the IB’s personal login username and password. The IB is obligated to inform the Referral of the need to protect the security and confidentiality of a Client’s account and login information (login username and password) to the Company’s Website. The Client shall be responsible for ensuring that such information is not given out to third parties.
6.4. During the period of validity of the Client Account, all actions performed using the Client Account shall be considered to be carried out personally by the Existing Client. The Company shall not be held responsible for the unauthorized use of the Client Account information by third parties.
6.5. Under no circumstances does the IB have the right to:
6.6. Should the IB breach the Terms and Conditions of this Agreement, the Company reserves the right to close the IB’s Client Account and exclude logins by the Referral(s) until the IB has rectified such breach, provided that the breach is capable of remedy.
6.7. The IB itself cannot act as a Referral of an IB. Should any data of the IB coincide with data associated with any Referred Client (such as email, IP addresses, etc.), the Referral shall be removed from the IB’s Referred list and the Referral Commission based on this Referral will not be paid.
7.1 All affiliate commissions upon request for all affiliates generating cumulative commissions reaching equivalent to USD10 (ten) or more. Should the commissions accumulate to less than the ten USD ($10) threshold, commissions will remain unpaid until the ten USD ($10) threshold is met.
7.2 Our 5-tier commission structure works so that:
When a Trader signs up using an affiliate’s unique Referral link, he/she /they will receive equivalent two USD ($2) per traded lot PLUS equivalent one USD ($1) per traded lot for their referrals’ users. In case when the referral/s will not refer, the affiliate will earn the full default commission amount in the amount of equivalent to four USD ($4).
7.3 Commissions generated from those residing in restricted countries are void.
7.4 Affiliates are prohibited from creating an alternative account via their affiliate link and any commission generated from trades made under their personal trading account will be void.
7.5 Only one IB account per IB may be created.
The IB hereby represents and warrants that from the Effective Date:
9.1. This Agreement shall enter into force from the Effective Date and shall remain valid as long as:
9.2. In the event that the IB ceases to have a Client Account with the Company for whatever reason, this Agreement shall be terminated immediately.
9.3 If the IB ceases to have a Client Account with the Company:
10.1. Neither Party hereof shall be held liable for the complete or partial failure to fulfil its obligations should this failure result from a force majeure event or circumstance (including but not limited to fire, earthquake, and other natural disasters, war, or other military operations, blockades, government regulations and other extraordinary and unavoidable circumstances beyond either Party’s control).
10.2. The Party for whom it becomes impossible to fulfil its obligations is obligated to inform the other Party through written notification of the onset, estimated duration, and cessation of the above-mentioned circumstances within five (5) business days from the moment of their onset and cessation.
10.3. The facts set out in the notification should be confirmed by a competent authority or organization of the respective country. The delay or absence of notification by the Party concerned deprives said party of the right to cite any of the above-mentioned circumstances as grounds for release from responsibility for the failure to fulfil its obligations.
10.4. Should the inability to either completely or partially fulfil obligations last more than three (3) months, the Agreement will automatically be terminated.
11.1. In the event that the IB breaches any clauses in this Agreement, the Company will have the right at its sole and absolute discretion to termination this Agreement with immediate effect.
11.2. This Agreement may be terminated at any time as follows:
For the avoidance of doubt, if termination of this Agreement is effected pursuant to Clauses 10, 11.2.1, and 11.2.2, the cancellation of any Referral Commission due to the IB shall be from the date of the written notice served by the relevant Party.
11.3. On termination of this Agreement, the IB shall:
11.4. The termination of this Agreement is without prejudice to any clause which by operation of law survives or is specifically stated to survive the termination of this Agreement. For the avoidance of doubt, Clauses 9 (Contract Term), 11 (Termination), 12 (Indemnification and Limitation of Liability), 13 (Confidentiality), and 15 (Governing Law and Jurisdiction) shall survive the termination of this Agreement.
11.5 In the event that the terms of this Agreement differ from those in the Affiliate Relationship Terms Sheet between you and the Company (as applicable), the Affiliate Relationship Terms Sheet will take precedence and will be binding on the AFFILIATE.
12.1. The IB shall defend, indemnify and hold harmless the Company, and its respective affiliates, directors, officers, employees, agents, and representatives from and against all claims, demands, losses, damages, and costs and expenses (including legal costs and expenses) or liabilities of whatever nature or kind of the Company or third parties arising out of or in connection with a breach by the IB of any of its obligations or warranties under this Agreement.
12.2. Under no circumstances shall the Company be liable to the IB for indirect, incidental, consequential, special, or exemplary damages (even if such party has been advised of the possibility of such damages), arising from any aspect of the relationship provided herein.
13.1. Each Party undertakes that it shall not at any time disclose to any person any Confidential Information which is disclosed by the other Party as part of this Agreement except where necessary to its employees, officers, representatives or advisors for the purposes of carrying out their respective obligations under this Agreement.
13.2. No Party shall use the other Party’s confidential information for any purpose other than for the purposes set out in this Agreement.
13.3. The confidentiality obligations contained in this clause shall be for the duration of this Agreement, and shall continue for a period of three (3) years from the date of termination of this Agreement.
14.1. The granting by any party of any time or indulgence in respect of any breach of any provision of this Agreement by the other shall not be deemed a waiver of such breach and the waiver by any party of any breach of any provision of this Agreement by the other shall not prevent the subsequent enforcement of that provision and shall not be deemed as a waiver of any subsequent breach.
14.2. Save as expressly provided herein, this Agreement shall operate to the entire exclusion of any other agreement or understanding of any kind pertaining to the subject matter of this Agreement between the parties preceding the Effective Date.
14.3. All rights, remedies, and powers conferred upon the parties pursuant to this Agreement are in addition to such other rights, remedies, or powers now or subsequently conferred upon them by law or otherwise.
14.4. Neither Party shall assign this Agreement or any rights under this Agreement without the prior written consent of the other Party, which shall not be unreasonably withheld. This Agreement shall be for the benefit of and be binding on the Parties and their successors in title or permitted assigns.
14.5. Should any term of this Agreement be considered void or voidable under any applicable law, then such terms shall be severed or amended in such a manner as to render the remainder of this Agreement valid or enforceable unless the whole commercial object is thereby frustrated.
14.6. Where this Agreement is issued in a language other than English, the English language version shall take precedence in the event of any conflict.
14.7. The IB agrees to allow the Company to use the IB’s contact information, for example, address, email, and other information specified in the Client registration form to send the IB letters and proposals.
14.8. In the interest of complete clarity, the IB shall always and under all circumstances, without exception, act solely on its own behalf, and not in the name of the Company.
The AFFILIATE agrees and acknowledges that they are solely responsible for ensuring that all promotional, referral, and advertising activities comply with all applicable laws, regulations, and financial services requirements in any jurisdiction in which they operate or target clients.
15.2 REQUIRED DISCLOSURES TO CLIENTS
Where applicable, the AFFILIATE shall clearly disclose to clients, potential clients, and the public:
The AFFILIATE agrees not to misrepresent their legal, regulatory, or professional status and shall ensure that all materials distributed in connection with the Company are accurate, lawful, and transparent. The AFFILIATE shall not purport to act on behalf of the Company in any regulated capacity.
15.4. INDEMNIFICATION
The AFFILIATE shall indemnify, defend, and hold harmless the company and its affiliates, directors, officers, employees, and agents against any and all losses, claims, demands, fines, damages, liabilities, regulatory penalties, or expenses (including legal fees) arising directly or indirectly from the AFFILIATE's failure to comply with applicable regulatory obligations or disclosure requirements in any jurisdiction.
The obligations set forth in this clause shall survive the termination of this Agreement indefinitely.
This Agreement is governed by the law of the Saint Lucia and will be subject to the exclusive jurisdiction of the Saint Lucia Courts.
1 GENERAL
Trading in a margined account entails a high degree of risk, including the possibility of losing the entire risk capital deposited with Liquid Markets Pty Ltd by the customer. In certain instances, losses have the potential to exceed the Customer's account balance.
In consideration of Liquid Markets Pty Ltd entering into contracts with its customer(s) for this account, Liquid Markets Pty Ltd requires all undersigned customers to analyze their financial objectives, financial status, investment constraints, and tax situation to determine whether trading is appropriate. In addition, we require our customers to read and acknowledge the Liquid Markets Pty Ltd Risk Disclosure Statement, which outlines the risks associated with margin trading through Liquid Markets Pty Ltd.
By signing this Agreement, the Customer acknowledges and accepts that:
• A) OTC Margin Trading is highly speculative and involves a high degree of risk. Customer(s) agrees that they fully understand and are willing to assume the legal, economic, and other risks associated with trading a margined account, and that they are willing and able to assume the loss of their entire Risk Capital, which is defined as funds that, if lost, would not affect their or their family's standard of living. Consequently, they concur that margined trading is inappropriate for Retirement Funds. Customers are encouraged by Liquid Markets Pty Ltd to closely monitor their open positions and to take prudent money management precautions, including but not limited to stop-loss orders.
• B) Excessive leverage offered by margined accounts can result in rapid losses. Customer(s) acknowledges that using a high degree of leverage, defined as the use of a small amount of capital to control a larger amount of an Open Position, can result in significant losses due to price changes of open contract(s) with Liquid Markets Pty Ltd. Liquid Markets Pty Ltd offers 100:1 or greater leverage on the majority of trading products to the majority of its clients. With 100:1 leverage, the Customer can control a $1,000,000 position with only $10,000 in their account. Liquid Markets Pty Ltd encourages its customers to use only the amount of leverage that they are comfortable with and to implement money management safeguards, such as Stop-loss orders, to limit risks. Liquid Markets Pty Ltd reserves the right, at its sole discretion and without prior notice, to reduce or increase the leverage on any trading product at any time.
• C) There are periods of liquidity risk in trading. Customer acknowledges that decreased liquidity typically results from unanticipated economic and/or political changes. The customer is also aware that liquidity risk can impact the market as a whole, as all market participants experience the same lack of buyers and/or sellers. Customer also understands that liquidity risk may be Liquid Markets Pty Ltd-specific due to changes in liquidity available to Liquid Markets Pty Ltd from a Liquid Markets Pty Ltd Custodian of funds interbank liquidity providers as a result of an increased perception of market segment risk. When liquidity decreases, customers can anticipate wider bid-to-ask spreads because the supply of available bid/ask prices exceeds demand. Decreases in liquidity can also result in "Fast Market" conditions, in which the price of a trading product moves sharply up or down, or in a volatile up-and-down pattern, without trading in the usual step-by-step manner. In some instances, a trading bid and/or ask price may not be available for a trading product or products (a situation where there is no liquidity). It is important to note that prices, bid/ask spreads, and liquidity will reflect the prevailing interbank market liquidity for Liquid Markets Pty Ltd, even though there may be instances when the aggregate OTC market enters a "Fast Market" or periods when liquidity is in short supply or nonexistent. Liquid Markets Pty Ltd may liquidate the following Customer positions if margin requirements are not met: Due to the leverage available with OTC Margin Trading and the possibility of extreme volatility, Liquid Markets Pty Ltd Custodian of funds reserves the right to liquidate the Customer's account(s) if the Margin in the account is insufficient to cover the potential risk of loss. If the Customer's account value falls below the free of programming bugs that could prevent trading, position keeping, or any other required functionality of the Trading Platform and other relevant software applications associated with Liquid Markets Pty Ltd, including but not limited to clearing and escrow Account software, from functioning properly or without errors?
• D) All market recommendations provided by Liquid Markets Pty Ltd or any of its representatives are for informational purposes only. Any purchase or sale decision made by the Customer is independent of the Customer. Market recommendations provided by Liquid Markets Pty Ltd or a representative of Liquid Markets Pty Ltd do not constitute an offer to sell or buy from Liquid Markets Pty Ltd or any other source that may provide the Customer with straight-through processing prices. Liquid Markets Pty Ltd and its employees are not investment advisors and owe the Customer no fiduciary duty; therefore, they are not responsible for any losses incurred by the Customer as a result of information or recommendations provided by Liquid Markets Pty Ltd or a representative of Liquid Markets Pty Ltd. The customer is in jeopardy if Liquid Markets Pty Ltd ceases operations. There is no assurance that Liquid Markets Pty Ltd will be profitable as a business.
• As a result, there is a credit risk that Liquid Markets Pty Ltd may incur losses, which could put customers' account balances at risk. The Customer acknowledges that, in the event of insolvency, the Customer can only look to Liquid Markets Pty Ltd for performance and return of any Collateral and Margin held with Liquid Markets Pty Ltd.
• E) Liquid Markets Pty Ltd could decide to withdraw from the business. There is no assurance that Liquid Markets Pty Ltd Custodian of funds will not decide to continue participating. Therefore, the Customer agrees and acknowledges that Liquid Markets Pty Ltd may liquidate all Customer positions and return margined funds to the Customer at any time and for any reason, at its sole discretion. Customers of Liquid Markets Pty Ltd do not hold Liquid Markets Pty Ltd liable for any loss resulting from the liquidation of the customer's position, either on an actual basis or due to missed profit opportunities.
• F) Customers are liable for any reporting inaccuracies. Any reporting and confirmation errors of omission, and/or errors in the details of transactions, including but not limited to the price contracts were executed, the product traded, the market direction (i.e. "buy" or "sell") of order, and the type of order, and/or any errors in fees, charges or credits to the Customer's account, including but not limited to charges for executing a transaction, wiring funds, rolling over a position, and sweeping balances into the original currency.
• The liability of Liquid Markets Pty Ltd is limited. The Customer agrees and acknowledges that Liquid Markets Pty Ltd shall not be liable to the Customer for any claims, losses, damages, costs, or expenses, including attorneys' fees, caused directly or indirectly by any events, actions, or omissions (including, without limitation, claims, losses, damages, costs, and expenses, including attorneys' fees, resulting from civil unrest, war, insurrection, international intervention, and governmental action) including, without limitation, exchange rate fluctuations.
• Impact of "Leverage" and "Gearing." Margin accounts and contracts are extremely risky. Initial margin is small relative to the value of the contract, resulting in leveraged or geared transactions. A relatively small market movement may have a proportionally larger impact on the customer's deposited or required funds. This may work both against and in favor of the Customer. The Customer's initial margin funds and any additional funds deposited with the firm to maintain the Customer's position may be lost entirely.
• Risk-reducing orders or strategies. Placing contingent orders, such as "stop-loss" or "limit" orders, in volatile market conditions will not necessarily limit the Customer's losses to the intended amounts, as market conditions may prevent the execution of such orders. Combination strategies, such as "spread" and "straddle" positions, may be just as risky as simple "long" and "short" positions. Before the Customer begins trading, he or she must have a thorough understanding of all potential fees. The Customer's net profit (if any) or loss will be impacted by these fees.
• Electronic commerce. Trading on an electronic trading system may differ from trading on an open outcry market and other electronic trading systems. If the Customer conducts transactions on an electronic trading system, the Customer will be exposed to system-related risks, such as hardware and software failure. In the event of a system failure, the Customer's order may not be executed in accordance with the Customer's instructions or at all. Since Liquid Markets Pty Ltd does not control signal strength, Internet reception or routing, the Customer's equipment configuration, or the reliability of the Customer's connection, Liquid Markets Pty Ltd cannot be held liable for communication failures, distortions, or delays when trading online (via the Internet). Under no circumstances is Liquid Markets Pty Ltd liable for speculative or expectation damages for potential future lost profits.
• Liability limitation. The Customer accepts any trading system provided by Liquid Markets Pty Ltd "as is" and without express or implied warranties, including, but not limited to, implied warranties of merchantability or fitness for a particular use, purpose, or application; timeliness; freedom from interruption; or any implied warranties arising from trade usage, course of trading, or course of performance. Under no circumstances shall Liquid Markets Pty Ltd be liable for punitive, indirect, incidental, special, or consequential losses or damages, including business, profit, or goodwill loss. Liquid Markets Pty Ltd shall not be liable to the Customer for delays or interruptions of service or transmissions, or performance failures of Liquid Markets Pty Ltd or its affiliate systems, regardless of cause, including, but not limited to, those caused by hardware or software malfunction; regulatory action; acts of God; war, terrorism, or our intentional acts. The Customer acknowledges that there may be delays or interruptions in the use of our system, such as those intentionally caused by Liquid Markets Pty Ltd for system maintenance. Liquid Markets Pty Ltd does not guarantee that alternative trading arrangements will be available at a specific time and will not be held liable for order entry delays.
• The margin policies of Liquid Markets Pty Ltd require that the Customer's account be adequately margined at all times. If margin requirements are not met, open positions may be liquidated at a loss. In accordance with its margin call policy, Liquid Markets Pty Ltd reserves the right to liquidate all positions without notice if an account falls below the Customer's minimum margin requirement.
• Quotational inaccuracies Should quoting errors occur, which may include, but are not limited to, a mistyped quote by Liquid Markets Pty Ltd, a quote that is not reflective of fair market prices, an erroneous price quote from a Liquid Markets Pty Ltd employee, such as but not limited to a wrong big figure quote, or an erroneous quote due to failure of hardware, software, or communication lines or systems and/or inaccurate external data feeds provided by third-party The preceding list is not exhaustive, and in the event of a pricing error, Liquid Markets Pty Ltd reserves the right to make any necessary corrections or adjustments to the affected account. Disputes resulting from such quoting errors will be resolved according to applicable regulations, if they exist. In the event of a system error in which interest is not charged or credited as scheduled, Liquid Markets Pty Ltd reserves the right to apply the uncharged or uncredited interest to the Account at any time.
• Independent Authority. In the event that the Customer grants trading authority or control over Customer's Account to a third-party trading advisor, such as a Money Manager, whether on a discretionary or non-discretionary basis, Liquid Markets Pty Ltd shall in no way be responsible for reviewing Customer's choice of such trading advisor, or for making recommendations regarding such choice. Liquid Markets Pty Ltd makes no representations or warranties regarding any trading advisor; Liquid Markets Pty Ltd is not liable for any loss incurred by the Customer as a result of the trading advisor's actions; and Liquid Markets Pty Ltd neither implicitly nor explicitly endorses or approves the operating methods of any trading advisor. If the Customer authorizes a Money Manager to exercise any rights over the Customer's account, the Customer assumes all associated risks. The Customer should regularly review the activity in the Customer's account to ensure that the Customer is comfortable with the transactions placed on the Customer's behalf by the Money Manager.
• Information Regarding Insolvency Protections. The transactions between the Customer and Liquid Markets Pty Ltd are not traded on an exchange. Therefore, the Customer's funds may not receive the same protections as funds used for margin trading, which may have a higher priority in the event of bankruptcy. Given that the same priority has not been accorded to trading funds, if Liquid Markets Pty Ltd becomes insolvent and the Customer has a claim for amounts deposited or profits earned on transactions with Liquid Markets Pty Ltd, the Customer's claim may not receive a priority. Without a priority, the customer is a general creditor, and the Customer's claim will be paid, along with other general creditors' claims, from any remaining funds after priority claims have been satisfied. Even customer funds that are kept separate from Liquid Markets Pty Ltd's operating funds may not be safe from the claims of general and priority creditors.
• Conditions of market volatility. Trading during extremely volatile market conditions, such as major news announcements, may expose the Customer to additional risks, including the possibility of not receiving the requested price. In times of extraordinary market volatility, Liquid Markets Pty Ltd cannot and does not guarantee its prices.
• Simulated Environments. Conditions simulated may differ from actual conditions. Therefore, clients who trade on demo accounts should not necessarily anticipate the same results when trading for real money.
• Recommending Parties IF YOU WERE REFERRED TO Liquid Markets BY AN INTRODUCING BROKER, REFERRING PARTY, OR THIRD PARTY ADVISOR (EACH, AN "IB"), PLEASE BE AWARE THAT Liquid Markets Pty Ltd AND YOUR IB ARE COMPLETELY SEPARATE AND INDEPENDENT FROM EACH OTHER, AND THERE EXISTS NO JOINT VENTURE OR PARTNERSH Neither IB nor any of its employees or agents are agents or employees of Liquid Markets Pty Ltd.
• 1) Liquid Markets Pty Ltd does not control, and cannot endorse or guarantee the accuracy or completeness of any information or advice the Customer may have received or may receive in the future from the Customer's IB or from any other person not employed by Liquid Markets Pty Ltd regarding trading or the risks associated with such trading.
• 2) Upon account opening, Liquid Markets Pty Ltd provides risk disclosure information to all new customers. The Customer should carefully read this information and not rely on any contradictory information from any other source.
• 3) The Customer acknowledges that neither Liquid Markets Pty Ltd nor anyone affiliated with Liquid Markets Pty Ltd has made any guarantees regarding future profits or losses in the Customer's Account. The Customer is aware that trading is extremely risky and that many traders lose money.
• 4) If an IB or any other third party provides the Customer with trading-related information or advice, Liquid Markets Pty Ltd is in no way liable for any loss the Customer incurs as a result of using such information or advice.
• 5) To the extent that the Customer has been led to believe or believes that using any third party trading system, course, program, research, or recommendations provided by IB or any other third party will result in trading profits, the Customer acknowledges, agrees, and understands that all trading, including trading done pursuant to a system, course, program, research, or recommendations of IB or another third party, involves substantial risk of loss. In addition, the Customer acknowledges, agrees, and understands that the use of a trading system, course, program, research, or recommendations of IB or a third party does not guarantee profits or the avoidance of losses or limitation of losses.
• 6) Due to the high risk involved in trading, only genuine risk capital should be utilized. Customers should not trade if they lack funds that they can afford to lose.
• 7) The Customer acknowledges and understands that Liquid Markets Pty Ltd may compensate the Customer's IB for introducing the Customer to Liquid Markets Pty Ltd, and that such compensation may be based on a per-trade or other basis.
• 8) The Customer understands and agrees that if the Customer's account with Liquid Markets Pty Ltd is introduced by an IB, that IB shall have limited access to information regarding the Customer's Liquid Markets Pty Ltd account, but the IB shall not have the right to enter into any trades on the Customer's Liquid Markets Pty Ltd account unless authorized by the Customer pursuant to a power of attorney between the Customer and the IB granting such IB
• 9) The Customer understands and agrees that they may only have one IB, the party that referred them to Liquid Markets Pty Ltd in the first place.
• 10) The Customer may terminate its relationship with an IB by providing Liquid Markets Pty Ltd with written notice. The Customer acknowledges and understands that they cannot be considered a client of any other IB. If you have questions about the risks associated with trading, please contact your Account representative.