The following policy outlines the guidelines and rules for users of Spider Capital Limited, our online trading platform. By accessing and utilizing the platform, users agree to abide by these policies to ensure a fair, transparent, and secure trading environment. It is essential for all users to familiarize themselves with this policy to maintain compliance and maximize the benefits of the Spider Capital Limited Trading platform.
2. User Conduct
2.1. Compliance: Users must comply with all applicable laws, regulations, and industry standards while using the Spider Capital Limited Trading platform. Any illegal activities or attempts to manipulate the market will not be tolerated and may result in immediate termination of user accounts.
2.2. Account Security: Users are responsible for maintaining the security of their accounts. They should safeguard their login credentials and not share them with unauthorized individuals. Any suspicious activity or suspected account compromise should be reported immediately to the platform's support team.
2.3. Prohibited Actions: Users are strictly prohibited from engaging in the following activities: a. Unauthorized access to other users' accounts or personal information. b. Dissemination of false or misleading information. c. Engaging in fraudulent activities or market manipulation. d. Intentionally causing disruptions to the platform's functionality or service. e. Violation of intellectual property rights, including unauthorized use or distribution of copyrighted materials.
3. Risk Management
3.1. Trading Risk: Users acknowledge that trading involves financial risk and they are solely responsible for the risks associated with their trading decisions. Spider Capital Limited Trading provides access to market information and tools, but users must exercise their judgment and undertake due diligence before executing trades.
3.2. Margin Trading: Margin trading carries additional risks due to the use of leverage. Users must fully understand the risks involved in margin trading and use appropriate risk management strategies to mitigate potential losses. Spider Capital Limited Trading may impose margin requirements and monitor positions to ensure compliance.
4. Market Integrity
4.1. Market Abuse: Users are strictly prohibited from engaging in any form of market manipulation, insider trading, or other activities that compromise market integrity. Users must refrain from spreading false information or engaging in any activity that may artificially influence market prices.
4.2. Anti-Money Laundering (AML) and Know Your Customer (KYC): Spider Capital Limited Trading complies with AML and KYC regulations. Users may be required to provide identity verification documents and other relevant information to ensure compliance with regulatory obligations. Failure to cooperate with AML and KYC requirements may result in account suspension or closure.
5. Compliance with Laws and Regulations
Users are responsible for understanding and adhering to all applicable laws and regulations related to trading activities. Spider Capital Limited Trading reserves the right to cooperate with legal authorities and regulatory bodies, as required, to maintain compliance with all applicable laws.
6. Policy Updates
Spider Capital Limited Trading reserves the right to update this policy periodically. Users will be notified of any changes, and it is their responsibility to review and comply with the updated policies.
By using Spider Capital Limited Trading, users acknowledge their acceptance of this policy. Failure to comply with these guidelines may result in account suspension, termination, or legal consequences. Spider Trading aims to provide a fair and secure trading environment and appreciates users' cooperation in maintaining the platform's integrity.