Onys Kapital Ltd is a Securities Dealer Licensee regulated and authorised by the Financial Services Authority (FSA) of Seychelles under licence number SD128.
The terms on which we deal with you are set out in full in the Client Service Agreement, the binding contract between you and Onys Kapital Ltd. Opening an account, funding it or placing a trade means you accept that agreement. The page below tells you what it covers and where to read it; it does not replace, shorten or reinterpret it. Where anything here differs from the Client Service Agreement, the Client Service Agreement applies.
The Documents That Govern Your Account
Five documents form the agreement between you and the Company. Read all of them before you open an account. Each is published in full on our Legal Documents page.
- Client Service Agreement — the main contract covering services, dealing, margin, accounts, charges, default, termination and complaints.
- Risk Disclosure Policy — the risks of trading leveraged OTC derivatives, including the risk of losing more than you deposit.
- Best Execution Policy — how we handle and execute your orders.
- Conflicts of Interest Policy — how we identify and manage conflicts.
- Privacy Policy Statement — what personal data we hold and why. Also published on our Privacy Policy page.
What the Client Service Agreement Covers
These are the sections of the agreement, in the order they appear in the document. The wording that binds you is the wording in the document itself.
- Risk acknowledgement
- Services
- Dealings between Onys Kapital Ltd and the customer
- Special note on the use of the trading platform
- Margins, security, payments and delivery
- Margin trades
- Accounts
- Commissions, charges and other costs
- Interest and currency conversions
- Pledge agreement
- Netting agreement
- Market making
- Aggregation and split
- Conflicts of interest
- The Company’s counterparties
- Introducing brokers
- Default and default remedies
- Customer warranties and representations
- Indemnity and limitations of liability
- Confidentiality and disclosure of information
- Amendments
- Customer’s account opening procedures
- Customer’s account closing procedures
- Termination
- Complaints and disputes
- Miscellaneous
- Risk disclosure statement for trades in foreign exchange and derivatives
The agreement also contains a table of acronyms, a table of definitions and interpretations, and an appendix covering options and additional risks common to foreign exchange and derivative transactions.
Risk Acknowledgement
Trading in OTC derivatives, including CFDs, involves a high degree of risk and may result in losses exceeding your initial investment. These products are complex financial instruments and are not suitable for all investors. You should not trade in such products unless you fully understand the nature of the transactions you are entering into, the risks involved and your exposure to potential losses, including the possibility of losing more than your initial deposit.
The full statement is set out in our Risk Disclosure.
Eligibility
Clients are responsible for ensuring that their use of the Company’s services complies with the laws and regulations applicable in their country of residence, or any jurisdiction from which they access the Company’s services. The Company does not represent that its services may lawfully be used in all jurisdictions.
The Company may, in accordance with applicable laws and regulations, conduct appropriateness or other assessments, and may restrict or refuse access to certain products where those products are deemed inappropriate for the client.
Amendments
The Company may amend the Client Service Agreement and its related policies. The current version of each document is the one published on this website, and it is the version that governs your account. Check the Legal Documents page from time to time so that you are reading the version in force.
Complaints and Contact
If you have a question about these documents or your account, email [email protected].
To raise a formal complaint, write to [email protected]. Complaints are handled under the Company’s Complaints Handling Procedure, which is set out in the Client Service Agreement and available on request.