Transfer Terms

Please note your account must be flat for at least 24 hours at the time of processing.

By submitting this form, I request FXCM AU to change one or all existing trading accounts associated with account number(s) listed above to a higher leverage, subject to the following terms and conditions (the "Terms"):

1. I consent to electronic communication in accordance with these Terms.
2. I acknowledge that FXCM AU may manage my execution type and offset my positions via a principle or agency transaction depending on internal risk management criteria.
3. I agree that following my submission of this form, FXCM AU will act in a commercially reasonable manner to review my Request, but that it shall not be bound to act or make any decision within a specified period of time. FXCM AU may approve or reject my Request in its sole and absolute discretion.
4. I understand that my account must be flat for at least 24 hours and have no open positions (i.e. no live trades, stop orders, limit orders, or entry orders) at the time of processing. If my account is not flat, and there was FX trading within 24 hours, I understand that FXCM AU may not be able to process my Request.
5. I understand that in order to process my Request, FXCM AU must have classified me as a Wholesale Client in accordance with the Corporations Act 2001 (Cth).
6. I understand that in order to process my Request, FXCM AU may, in its sole discretion, create a new Account(s) and transfer the full cash balance from my existing trading account. I understand that I may receive a new account number.
7. I understand that if I have multiple accounts under the same login, each account will be reviewed individually and rejected if the criteria is not met.
8. I understand that even if my Request is fulfilled, these Terms do not impact FXCM's rights under the Terms of Business to change margin requirements in its sole discretion at any time without notice to me.
9. If my Request is approved, I understand that FXCM's Terms of Business, Rate Card and all relevant policies including but not limited to Risk Warning/Execution Risks will continue to govern my accounts and trading activity with FXCM, as amended and supplemented by these Terms.
10. I fully understand how orders are executed and have thoroughly reviewed FXCM's execution risks.
11. I agree that FXCM AU assumes no liability for any consequences which may arise from processing the Request.
12. I accept full responsibility and liability for the instructions given in the Request.
13. I acknowledge that leverage is a double edged sword and can dramatically amplify losses.