Common use of Unauthorised Activities Clause in Contracts

Unauthorised Activities. 18.1 If during the monitoring of the Clients activities, including but not limited to withdrawals, deposits, trading activities and/or non-compliance with the Terms and Conditions of this agreement, the Company identifies an unauthorised activity, it has the right to investigate the Client’s operations and stop such operations if deemed necessary during the period the investigation is conducted. 18.2 The Client has an obligation under this agreement to provide to the Company any information and or document requested for the investigation purposes. 18.3 An unauthorised activity can be (not exhaustive): a. Execution of a great number of transfers in the absence of trading activity; b. Execution of operations with no apparent economic sense or other apparent purpose; c. The client’s refusal to provide personal information for identification purposes or inability to confirm the client’s identity; d. Repeated attempts to execute non-trading transactions for benefit of third parties; e. The client provides to the Company forged documents, or there is mismatch of documents provided in different time periods and/or falsely present him/her self as another person. 18.4 The Company has the right to cancel questionable operations by the Client and/or charge commission(s) on the deposit/withdrawal operations of a Client and/or block all his/her trading accounts as well as trading accounts of Clients involved in the conducting of these operations. In this case the funds of the Client shall be withdrawn by any method convenient for the Company.