1. TRADING

1.1 AUTHORIZATION TO TRADE.

• Customer’s application to open an Account with Stoic FX binds him to the terms and conditions of this Agreement and automatically acknowledges and accepts the below terms and conditions.
• Stoic FX has the right to maintain one or more accounts in Customer’s name. It also has the right to engage in transactions for Customer’s account in accordance with oral, written or electronic instructions by Customer and its officers, partners, principals, employees or other agents (“Representatives”).
• The risk of all unauthorized instructions administered by his/her Representatives will be borne by Customer. Customer will indemnify and hold Stoic FX harmless from all claims, liabilities, losses, damages, fees, costs and expenses relating to or arising from Stoic FX’ reliance on such instructions, including any improper, unauthorized or fraudulent instructions by the Representatives, except in cases of gross negligence or willful misconduct by Stoic FX.
• Unless expressly stated otherwise in writing, all transactions between Stoic FX and Customer shall be governed by the terms of this Agreement, as amended from time to time (including, without limitation, Stoic FX’ Risk Disclosures and Trading Policies and Procedures).

2 ACCOUNTS

2.1 ACCOUNT APPROVALS AND MAINTENANCE.

• Stoic FX has every right to reject Customer’s application or close Customer’s Account for any reason, at Stoic FX’ sole and absolute discretion. Customer will need to provide Stoic FX with additional information or documentation. This is done so that Stoic FX can continue carrying Customer’s Account.
• Stoic FX may, at any time in its sole and absolute discretion, restrict trading, disbursements or transfers administered by Customer. Stoic FX may amend, change, revise, add or modify the Agreement at any time. The latest Agreement will be posted to Stoic FX’ website: https://envifx.com/. This Agreement cannot be modified by any verbal statements or written amendments that Customer seeks to make to the Agreement without written acceptance from the General Counsel of Stoic FX.
• Restricted Territory: Stoic FX reserves the right to restrict access in the future to all or some parts of the Website and/or Services in respect of certain jurisdictions. The customer fully understands and agrees that Stoic FX are not liable if the country of customer’s location or residence becomes restricted or blocked. Restricted Territories include, but are not limited to, individuals residing .

3 CUSTOMER REPRESENTATIONS

3.1 GENERAL REPRESENTATIONS AND WARRANTIES.

• ECustomer is of sound mind, legal age and legal competence;
• Customer (if not a natural person) is duly organized and validly existing under the applicable laws of the jurisdiction of its organization;
• Execution and delivery of this Agreement and all transactions contemplated hereunder have been duly authorized by Customer and will not violate any statute, rule, regulation, ordinance, charter, by-law or policy applicable to Customer;
• Each person executing and delivering this Agreement has been duly authorized by Customer to do so;
• No person other than the Customer has or will have an interest in Customer’s Account;
• Regardless of any subsequent determination to the contrary, Customer is suitable to trade over-the-counter products;
• Customer is not now an employee of any exchange, any corporation in which any exchange owns a majority of the capital stock, any member of any exchange and/or firm registered on any exchange, or any bank, trust, or insurance company that trades the same instruments as those offered by Stoic FX, and in the event that Customer becomes so employed, Customer will promptly notify Stoic FX via email of such employment;
• The customer has read and understands the Risk Disclosure Statement, Arbitration Agreement and Trading Policies contained in this Agreement;
• The customer has conducted simulated trading using the demo trading platform for a period that has allowed the Customer to develop a full understanding of the trading platform;

4 ORDER MANAGEMENT

4.1 CANCELLATION AND MODIFICATION REQUESTS.

• Customer acknowledges that it may not be possible to cancel or modify an order.
• Customer understands and agrees that, if an order cannot be cancelled or modified, Customer is bound by any execution of the original order.
• Should Stoic FX be unable to cancel or modify an order, Stoic FX is not liable in any way.
• Customer further acknowledges that attempts to modify or cancel and replace an order can result in the execution of the order or the execution of duplicate orders. Customer also acknowledges that Stoic FX’ systems do not prevent the execution on order or duplicate orders from occurring, and that Customer shall be responsible for all such executions.
• Customer agrees not to assume that any order has been executed or cancelled until Customer has received confirmation from Stoic FX with regards to order execution. Customer is responsible for knowing the status of Customer ‘s pending orders before entering additional orders.
• Customer agrees to contact Stoic FX in the event Customer is unclear on the status of an order.
• Customer agrees to regularly review Customer’s online Account Statement to confirm the status of Customer’s orders.