forexgen trading limitations

ForexGen Ltd at any time, in its sole discretion, may limit the number of positions which Customer may maintain or acquire through ForexGen Ltd, and is under no obligation to effect any transaction for Customer’s accounts which would create positions in excess of the limit which ForexGen Ltd has set.

Customer agrees not to exceed the position limits established for any contract market, whether acting alone or with others, and to promptly advise ForexGen Ltd if Customer is required to file any reports on positions.

ForexGen Ltd preserves the right to cancel any transactions found to be erroneous because of the market volatility, failure in the software or hardware of the trading platform or the connected parties. This cancellation is done without consulting with the Customer.

The Customer hereby agrees on accepting the consequences of such cancellation either on, or against his favor.ForexGen Ltd Preserves the right to ban any Customer from its trading platform, suspend any accounts temporarily or permanent at any circumstances where the account was suspected to perform one or more of the following forbidden activities:- Illegal pip hunting.- Illegal scalping.- Multi IP login at the same time.- Suspicious hedging of the same currency.- Harmful strategies.- Expert Advisor that are not approved by ForexGen.- Security threatening activities.- Any other hostile activities that threatens ForexGen, its customers, business partners and counter parties.

ForexGen Ltd risk management office has the right to estimate the risk scope and calculate the remaining funds to be paid out to the Customer after suspension. ForexGen has the sole right to cover its losses caused by the over mentioned activities prior to the suspension.