Common use of ONLINE TRANSACTIONS Clause in Contracts

ONLINE TRANSACTIONS. 10.1 If the Client or the Client’s Authorised User uses any of the Online Services, the Client or Authorised User will be able to: (a) issue Instructions to VT Global to which is an offer to enter into an Order at the prices quoted on the Online Service; (b) obtain information relating to balances and transactions booked on the Client's VT Global account; (c) use such other facilities as VT Global may from time to time make available through the Online Services. 10.2 VT Global may at any time without notice suspend, withdraw or deny access to the Online Services to a Client or one or more of the Client's Authorised Users for any reason including but not limited to security, quality of service, failure by the Client to pay an amount when due or breach by the Client of any provision of this Agreement. 10.3 A Client can end access to an Online Service at any time by contacting VT Global via telephone or email. 10.4 VT Global can delay, decline or reverse any Order if VT Global reasonably: (a) suspects that the transaction might be unlawful or might be associated with financial crime; (b) believes that by carrying out the transaction VT Global might breach our compliance obligations; or (c) believes that you are in breach of this Agreement. Under such circumstances VT Global will not be liable for delaying or refusing to carry out an Instruction. 10.5 The Client will be liable for all Orders made when using any of the Online Services including instances of any misuse, fraud or abuse by the Client or the Client's Authorised Users or where the Client or the Client's Authorised Users have disclosed Security Details to a third party. 10.6 VT Global may change the minimum specification required to access the Online Services and also may make operational changes to and alter the services currently available at any time. VT Global will notify Clients of such changes by either placing a message on the client area, trading platform or by email. 10.7 Clients are responsible for obtaining, maintaining and ensuring compatibility of their electronic software, devices and equipment. VT Global will not be responsible for any loss of or damage to a Client’s data, software, computer, electronic devices, telecommunications or other equipment caused by use of any of the Online Services, unless such loss or damage is directly and solely caused by our negligence or deliberate default. 10.8 Clients are responsible for ensuring that their electronic devices and equipment are free from viruses and other malware and VT Global will not be responsible for any losses incurred by failure to do this. VT Global shall use reasonable endeavours to keep the Online Services free from viruses and corrupt files but cannot guarantee that the Online Services will be free from infection by viruses or anything else with contaminating or destructive properties. VT Global is not able to guarantee that access to any of the Online Services will be uninterrupted, continuous or error free. 10.9 Clients must not: (a) misuse any of the Online Services by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful; (b) attempt to gain unauthorised access to any of the Online Services or any server, computer or database connected to any of the Online Services; (c) attack any of the Online Services via a denial-of-service attack or a distributed denial- of service attack. 10.10 By breaching this provision, a Client may also commit a criminal offence. VT Global may report any such breach to the relevant law enforcement authorities and will co-operate with those authorities by disclosing a Client's identity to them. In the event of such a breach, the Client's right to use the Online Services will cease immediately and without Notice. VT Global will not be liable for any loss or damage caused by a distributed denial-of-service attack, viruses or other technologically harmful material that may infect a Client's electronic devices and equipment.

ONLINE TRANSACTIONS. 10.1 If the Client or the Client’s Authorised User uses any of the Online Services, the Client or Authorised User will be able to: (a) issue Instructions to VT Global HoldingFx to which is an offer to enter into an Order at the prices quoted on the Online Service; (b) obtain information relating to balances and transactions booked on the Client's VT Global HoldingFx account; (c) use such other facilities as VT Global HoldingFx may from time to time make available through the Online Services. 10.2 VT Global HoldingFx may at any time without notice suspend, withdraw or deny access to the Online Services to a Client or one or more of the Client's Authorised Users for any reason including but not limited to security, quality of service, failure by the Client to pay an amount when due or breach by the Client of any provision of this Agreement. 10.3 A Client can end access to an Online Service at any time by contacting VT Global HoldingFx via telephone or email. 10.4 VT Global HoldingFx can delay, decline or reverse any Order if VT Global HoldingFx reasonably: (a) suspects that the transaction might be unlawful or might be associated with financial crime; (b) believes that by carrying out the transaction VT Global HoldingFx might breach our compliance obligations; or (c) believes that you are in breach of this Agreement. Under such circumstances VT Global HoldingFx will not be liable for delaying or refusing to carry out an Instruction. 10.5 The Client will be liable for all Orders made when using any of the Online Services including instances of any misuse, fraud or abuse by the Client or the Client's Authorised Users or where the Client or the Client's Authorised Users have disclosed Security Details to a third party. 10.6 VT Global HoldingFx may change the minimum specification required to access the Online Services and also may make operational changes to and alter the services currently available at any time. VT Global HoldingFx will notify Clients of such changes by either placing a message on the client area, trading platform or by email. 10.7 Clients are responsible for obtaining, maintaining and ensuring compatibility of their electronic software, devices and equipment. VT Global HoldingFx will not be responsible for any loss of or damage to a Client’s data, software, computer, electronic devices, telecommunications or other equipment caused by use of any of the Online Services, unless such loss or damage is directly and solely caused by our negligence or deliberate default. 10.8 Clients are responsible for ensuring that their electronic devices and equipment are free from viruses and other malware and VT Global HoldingFx will not be responsible for any losses incurred by failure to do this. VT Global HoldingFx shall use reasonable endeavours to keep the Online Services free from viruses and corrupt files but cannot guarantee that the Online Services will be free from infection by viruses or anything else with contaminating or destructive properties. VT Global HoldingFx is not able to guarantee that access to any of the Online Services will be uninterrupted, continuous or error free. 10.9 Clients must not: (a) misuse any of the Online Services by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful; (b) attempt to gain unauthorised access to any of the Online Services or any server, computer or database connected to any of the Online Services; (c) attack any of the Online Services via a denial-of-service attack or a distributed denial- of service attack. 10.10 By breaching this provision, a Client may also commit a criminal offence. VT Global HoldingFx may report any such breach to the relevant law enforcement authorities and will co-operate with those authorities by disclosing a Client's identity to them. In the event of such a breach, the Client's right to use the Online Services will cease immediately and without Notice. VT Global HoldingFx will not be liable for any loss or damage caused by a distributed denial-of-service attack, viruses or other technologically harmful material that may infect a Client's electronic devices and equipment.