This page contains important information regarding the terms and conditions which apply to your forex trading account with Grow Forex, (hereinafter referred to as Grow Forex).
The Terms & Conditions given below are in favor of the Client, and we expect that the Client will follow the same for better understanding and security. It is the sole responsibility of the Client to be fully aware of all the given circumstances and to follow the guidance provided herein before engaging in any forex trading activity.
All orders for the purchase, sale, or other dealings in currency pairs, commodities, and other financial instruments routed through Grow Forex's Online Trading Platform via the Client's Username shall be deemed to have been placed and authorized by the Client.
The Client agrees to provide information relating to their account identification credentials and such other verification details as may be required while placing orders via the platform or by telephone, to confirm the identity of the Client and ensure secure trade execution.
All orders, instructions, contracts, and transactions entered into pursuant thereto — and the settlement thereof — will be executed in accordance with the applicable forex market regulations, platform trading rules, and the guidelines of relevant global financial regulatory authorities.
The Client agrees that Grow Forex may impose pair-wise trading restrictions, leverage limits, position size caps, or such other conditions as deemed necessary. The Client also understands that Grow Forex may apply varying risk controls which may differ from client to client based on Grow Forex's risk assessment framework, account history, and other factors considered relevant by Grow Forex.
The Client agrees that all orders placed through the Grow Forex platform shall be forwarded by the system to the relevant liquidity providers and execution venues. All orders placed through any other authorized channel shall be forwarded to the appropriate order execution mechanism at the sole discretion of Grow Forex. In the event that an order is placed during active market hours, it shall be routed and executed at the best available market price.
Online trade confirmations will be sent to the Client by electronic mail or SMS after the execution of any order or trade, and this shall be deemed to be valid delivery thereof by Grow Forex. It shall be the responsibility of the Client to review immediately upon receipt — whether delivered by electronic mail or any other electronic means — all confirmations of orders, transactions, or cancellations. It shall be the responsibility of the Client to follow up with Grow Forex for all such confirmations that are not received within a stipulated time.
The Client shall bring any errors in any trade report, confirmation, or executed order (including execution prices, currency pairs, lot sizes, or quantities) to Grow Forex's notice in writing by electronic mail, SMS, or telephone within twenty-four hours of receipt of the concerned confirmation or report. Any other discrepancy in the confirmation or account statement shall be notified by the Client to Grow Forex in writing via electronic mail, SMS, or telephone within twenty-four hours from the time of first receipt. In all cases, Grow Forex shall have the right to accept or reject the Client's objection.
Grow Forex may, at its sole discretion, reject any order placed on the platform or via any other channel due to any reason, including but not limited to insufficient account balance, inadequate margin to support the requested position size, violation of leverage limits, suspension of trading in specific currency pairs due to extreme market volatility, or the application of platform-level risk controls to protect the Client's account and the integrity of the trading environment.
The Client is aware that electronic trading systems — whether at the level of the platform, liquidity bridge, or data feed — are vulnerable to temporary disruptions, breakdowns, or failures. In the event of non-execution of trade orders or order cancellation due to such events, including technical failures, connectivity issues, or server disruption, Grow Forex shall be entitled to cancel the affected request(s) and shall not be liable to execute the desired transactions of the Client. In such events, Grow Forex does not accept responsibility for any losses incurred or that may be incurred by the Client due to such circumstances which are beyond the control of Grow Forex.
The Client agrees to abide by and be bound by all applicable forex trading regulations, platform rules, and international financial market guidelines, as are in force pertaining to the transactions carried out on their behalf by Grow Forex and the orders placed through the platform or any other authorized channel.
Grow Forex may allow or restrict the Client from trading in any currency pair, commodity, or class of financial instrument, and may impose such conditions including pair-wise or instrument-specific conditional trading restrictions as it may deem appropriate from time to time.
All open intraday or leveraged forex positions must be closed by the Client before the end of the active trading session for that currency pair or instrument. If open positions are not closed within the specified time, Grow Forex reserves the right to automatically square off such positions at the prevailing market price. While Grow Forex will make reasonable efforts to close open positions in an orderly manner, it cannot guarantee complete execution at the desired price due to market liquidity conditions. Grow Forex shall not be held responsible for any losses arising from the automatic square-off of positions that could not be closed within the trading session.
If you are trading through an assisted channel, please clearly instruct your assigned trading specialist regarding the nature of your position — whether it is an intraday trade or a carry-forward position — at the time of order placement. All trades placed as intraday will be squared off automatically at the end of the active session in the respective market. In the absence of specific instructions from the Client, all open positions may be treated as intraday and squared off accordingly, or in some cases, carried forward at the sole discretion of Grow Forex.
Please Note: Intraday forex positions can be converted to carry-forward or swing positions only before the designated cut-off time for the relevant currency pair or instrument, subject to sufficient margin being available in the Client's account.
The Client agrees and undertakes to maintain with Grow Forex sufficient margin — in the form of account balance or other acceptable collateral — as Grow Forex may require to support open or intended forex positions. The Client agrees that Grow Forex shall be entitled to require the Client to maintain a higher margin than the platform's standard requirement based on prevailing market volatility or risk conditions. Grow Forex shall also be entitled to require the Client to maintain a minimum account balance as specified by Grow Forex so long as the Client wishes to continue using the forex trading services of Grow Forex.
Margin deposited with Grow Forex will not be interest-bearing. Grow Forex shall have, at its sole discretion, the irrevocable right to set off part or all of the available margin — by appropriating the relevant cash amount or by closing all or some of the Client's open positions — against any outstanding dues, negative balance, or obligations of the Client in the event of failure to meet margin requirements or any other obligation under these Terms. Grow Forex may at its sole discretion require the payment of margin exclusively in the form of cleared funds. The Client accepts to comply with any margin call issued by Grow Forex immediately and without delay. Without prejudice to Grow Forex's other rights, Grow Forex shall be entitled to liquidate or close out all or any of the Client's open forex positions for non-payment of margin, outstanding negative balance, or other financial obligations, and adjust the proceeds of such liquidation against the Client's liabilities accordingly.
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