This Client Account Opening Agreement (the “Agreement”) governs your access to and use of the trading services provided by the Company. By completing the online account application, completing required verification (KYC/AML), and using the trading platform, you acknowledge, accept, and agree to comply with this Agreement (including future amendments).
This Agreement incorporates by reference: the Risk Disclosure Statement, Security of Funds Policy, Withdrawal Policy, AML Policy, Privacy Policy, and any instrument-specific or platform disclosures published by the Company.
1. DEFINITIONS & INTERPRETATION
1.1 Definitions
“Account” — your trading account established under this Agreement.
“Balance” — funds credited to your Account, adjusted for realized P&L, fees, and withdrawals.
“Business Day” — a day when banks are open in the Company’s operating jurisdiction(s), excluding weekends and holidays.
“Client Ledger” — the Company’s internal record of your deposits, withdrawals, margin, and P&L.
“Execution-Only Services” — services limited to execution of orders without advice, portfolio management, or discretionary trading.
“Financial Instruments” — products offered by the Company including (without limitation) FX, CFDs, commodities, metals, indices, crypto-related instruments, equity-related instruments, and other non-exchange-traded instruments.
“Margin” — collateral required to open and maintain positions.
“Order” — instruction submitted by you to open, modify, or close a trade/position.
“Platform” / “Trading Platform” — the online trading interface made available by the Company (including third-party powered components).
“Principal / Matched-Principal Model” — the Company may act as principal to Client transactions while typically offsetting/hedging exposure with third-party liquidity providers.
“Restricted Jurisdiction” — any jurisdiction where offering, solicitation, promotion, or provision of services is restricted or prohibited by law/regulation or Company policy.
“Stop-Out / Liquidation” — automated closure of positions due to margin deficiency or risk controls.
“Third-Party Providers” — technology and execution infrastructure providers (including FXCubic), banks, payment providers, liquidity providers, and other vendors.
1.2 Interpretation
- Headings are for convenience only.
- Singular includes plural and vice versa.
- “Including” means “including without limitation.”
- References to laws include amendments and re-enactments.
- If there is inconsistency between this Agreement and other Company documents, this Agreement prevails unless expressly stated otherwise.
- The English version prevails in case of translation conflict.
2. NATURE OF SERVICES / CLIENT ACKNOWLEDGEMENT
2.1 International Execution-Only Brokerage
The Company operates as an international execution-only brokerage. We provide a platform to place orders and execute transactions. We do not provide investment advice, tax advice, legal advice, portfolio management, or discretionary services.
2.2 No Fiduciary Duty
Nothing in this Agreement creates a fiduciary, advisory, agency, or trustee relationship. You are solely responsible for your trading decisions and for determining suitability.
2.3 Non-Exchange-Traded Instruments
Many instruments offered are not traded on a regulated exchange. Prices may be derived from liquidity providers and/or reference markets. Liquidity, pricing, and execution may differ from exchange-traded products.
3. EXECUTION MODEL, COUNTERPARTY STATUS & LIQUIDITY
3.1 Principal Capacity
You acknowledge that the Company may act as principal to your transactions and may be the contractual counterparty to your trades.
3.2 Matched-Principal Execution
Operationally, the Company primarily utilizes a matched-principal execution model, typically offsetting/hedging exposure with liquidity providers using institutional execution infrastructure. This model is designed to manage market exposure; however, counterparty risk remains, and you remain exposed to the Company’s ability to meet its obligations.
3.3 No Client Relationship with Liquidity Providers
Liquidity providers are not counterparties to you. You do not have contractual rights against any liquidity provider, execution venue, bridge, or bank solely by reason of your trading with the Company.
3.4 Order Handling & Execution Outcomes
Orders may be subject to market conditions, liquidity availability, and technology constraints.
You acknowledge the possibility of:
- slippage
- requotes (where applicable)
- partial fills
- order rejections
- execution delays
- price gaps
The Company does not guarantee execution at the requested price.
4. ORDER TYPES & EXECUTION INSTRUCTIONS
Order Types
The Trading Platform may support various order types depending on the Financial Instrument, market conditions, liquidity availability, and platform functionality. Not all order types are available for all instruments or at all times.
The Company does not guarantee the availability, execution priority, or execution price of any order type.
Market Orders
A Market Order is an instruction to open or close a position at the best available price at the time the order is received and executed.
Clients acknowledge that:
- Market Orders are executed subject to liquidity and market conditions
- Execution price may differ from the price displayed at the time the order is submitted
- Slippage may occur, particularly during volatile or fast-moving markets
Limit Orders
A Limit Order is an instruction to open or close a position at a specified price or better.
Clients acknowledge that:
- Limit Orders are executed only if market prices reach the specified level
- Execution is not guaranteed
- Partial fills may occur depending on available liquidity
Stop Orders
A Stop Order is an instruction that becomes a Market Order when a specified trigger price is reached.
Clients acknowledge that:
- Once triggered, Stop Orders are executed as Market Orders
- Execution price may differ materially from the trigger price during gapping or volatile conditions
- Stop Orders do not guarantee execution at the specified price
Stop-Loss Orders
A Stop-Loss Order is an instruction intended to limit losses by closing a position when a specified price level is reached.
Clients acknowledge that:
- Stop-Loss Orders are not guaranteed
- Stop-Loss Orders may be subject to slippage or gapping
- Stop-Loss Orders may be executed at a worse price than specified
Take-Profit Orders
A Take-Profit Order is an instruction intended to close a position when a specified favorable price level is reached.
Clients acknowledge that:
- Take-Profit Orders are subject to liquidity availability
- Execution may occur at a price different from the specified level
Trailing Stop Orders
A Trailing Stop Order is a Stop-Loss Order that automatically adjusts in response to favorable price movements based on a predefined distance or methodology.
Clients acknowledge that:
- Trailing Stops depend on platform functionality and connectivity
- Trailing Stops may not update continuously during periods of high volatility or platform disruption
- Execution is not guaranteed at the trailing level
Pending Orders
Pending Orders are orders that are activated only when market prices reach predefined levels.
Clients acknowledge that:
- Pending Orders may be triggered by transient price movements
- Activation does not guarantee execution at the requested price
- Orders may be canceled or rejected due to insufficient margin, liquidity, or system constraints
Order Validity & Expiry
Orders may be subject to validity conditions, including but not limited to:
- Good-Till-Canceled (GTC)
- Good-Till-Date (GTD)
- Day Orders
Orders may expire or be canceled automatically if validity conditions are not met.
Order Rejection, Cancellation & Modification
The Company reserves the right to:
- Reject, cancel, or modify Orders
- Decline Orders due to insufficient margin, system limitations, liquidity conditions, or compliance concerns
- Cancel Orders in the event of obvious pricing errors, technical malfunctions, or Force Majeure Events
Client Responsibility
The Client is solely responsible for:
- Selecting appropriate order types
- Understanding the risks associated with each order type
- Monitoring open positions and pending orders
The Company does not guarantee that any order type will limit losses or secure profits.
5. ACCOUNT OPENING, VERIFICATION & CLIENT REPRESENTATIONS
5.1 Eligibility
You represent and warrant that:
- You are at least 18 years old and legally capable of entering this Agreement.
- Your residency and jurisdiction allow you to open an account and trade with the Company, subject to Restricted Jurisdiction policy.
- You will not rely on the Company for regulatory, tax, legal, or financial advice.
5.2 Due Diligence / KYC / AML
You must provide accurate identity and address documentation and comply with AML/sanctions screening. We may request updated documents at any time. We may refuse, suspend, or close accounts if compliance criteria are not met.
5.3 Self-Initiated Access & Non-Solicitation
You confirm you accessed the Company’s services of your own initiative, without targeted solicitation or inducement by the Company in any Restricted Jurisdiction.
5.4 Acknowledgement of Risk
You confirm you have read and understood the Risk Disclosure Statement and accept the risks associated with leveraged and non-exchange-traded instruments.
6. CLIENT FUNDS, SECURITY OF FUNDS & CLIENT LEDGER
6.1 Administration of Client Funds
Client funds are administered in accordance with the Security of Funds Policy. Client balances are recorded on the Company’s internal Client Ledger.
6.2 Where Funds May Be Held
Client funds may be held in accounts designated for client balances with recognized international banks and/or regulated payment service providers, depending on funding rail, currency, and jurisdiction.
6.3 No Deposit Insurance
The Company is not a bank. Client funds are not protected by government-backed deposit insurance or investor compensation schemes.
6.4 Insolvency Risk
In the event of insolvency, client claims may be treated as unsecured claims under applicable law.
7. ACCOUNT OPERATION, DEPOSITS & WITHDRAWALS
7.1 Deposits
Deposit methods are listed on the Company website/platform. By funding your account, you acknowledge:
- funds may be subject to AML verification and return-to-source rules
- funds become subject to margin requirements and open trade exposure
- processing times may vary by payment provider and compliance review
7.2 Withdrawals
Withdrawals are processed under the Withdrawal Policy and AML controls. We may delay or refuse a withdrawal if:
- KYC/AML checks are pending
- there are open positions, margin deficiencies, or outstanding obligations
- the request violates return-to-source or third-party restrictions
- fraud, chargeback, sanctions, or compliance concerns exist
- required information is incomplete or inconsistent
7.3 Errors, Reversals & Chargebacks
You are responsible for ensuring correct deposit details. We may reverse credits for chargebacks, reversals, or erroneous credits. You remain liable for any resulting negative balance.
8. MARGIN, LEVERAGE, STOP-OUT & LIQUIDATION
8.1 Margin Requirements
You must maintain sufficient margin to open and sustain positions. Margin requirements may change at any time due to volatility, liquidity, or risk controls.
8.2 Stop-Out / Liquidation
If your equity falls below required thresholds, the Company may liquidate positions without prior notice to protect the Account and/or the Company.
8.3 Market Gaps & Fast Markets
During gaps or fast markets, liquidation may occur at prices materially worse than expected.
8.4 Client Liability & Negative Balances
You are responsible for all losses, fees, and charges. Losses may exceed deposits under certain conditions. You agree to promptly pay any deficit balance upon demand (subject to any protections expressly stated by the Company in writing).
9. FEES, CHARGES, COMMISSIONS & FINANCING
9.1 Fees
You agree to pay all applicable spreads, commissions, swaps/financing, platform fees, and any other charges disclosed on the website/platform or in instrument specifications.
9.2 Changes to Fees
Fees may change based on market conditions, liquidity provider costs, and operational requirements. Updated fees will be published and apply going forward.
10. CONFLICTS OF INTEREST
You acknowledge that conflicts of interest may exist because the Company may act as principal and because the Company earns revenue from spreads/commissions and may have relationships with liquidity and technology providers.
The Company maintains internal controls designed to manage conflicts, including execution and risk controls, pricing oversight, and segregation of operational duties.
11. CLIENT CONDUCT & PROHIBITED ACTIVITIES
You must not engage in:
- fraud, money laundering, sanctions evasion
- abusive trading practices, manipulation, or market abuse
- unauthorized access, hacking, or interference with platform operations
- misrepresentation of identity, jurisdiction, or source of funds
- any illegal activity or violation of this Agreement
We may suspend trading, void transactions where permitted, restrict access, or terminate the account if prohibited conduct is suspected.
12. COMMUNICATIONS, NOTICES & REPORTING
12.1 Electronic Communications
You consent to receiving communications electronically, including via email, platform notification and other digital channels. Such communications are deemed received when sent or made available.
SMS communications are optional. Users may choose to opt in to receive SMS notifications related to their account, including transactional updates such as trade confirmations, deposits, withdrawals, margin alerts, and system notifications. Providing a phone number or consenting to SMS notifications is not required to create an account or use Stryke Markets services.
12.2 Statements & Confirmations
Statements and confirmations made available on the platform are considered conclusive unless you notify us of an error promptly (within a commercially reasonable period).
13. THIRD-PARTY PROVIDERS, PLATFORM RISK & TECHNOLOGY
13.1 Platform & Connectivity Risk
You acknowledge risks of outages, latency, data errors, and connectivity issues.
13.2 FXCubic
The Company uses third-party infrastructure (FXCubic) for platform functionality, order management, routing, and liquidity access. This providers:
- do not hold client funds
- do not provide brokerage services to you
- have no contractual obligations to you under this Agreement
13.3 No Warranty
Services are provided “as is” and “as available” to the maximum extent permitted by law.
14. RISK DISCLAIMERS & NO GUARANTEE OF PROFIT
Trading involves significant risk. Past performance is not indicative of future results. No guarantee of profit is provided. You may lose all or more than your deposit.
15. REGULATORY STATUS & JURISDICTION RESTRICTIONS
Stryke Markets Ltd is incorporated in Saint Lucia and operates as an international execution-only brokerage. The Company does not solicit or provide services to residents of Saint Lucia or other Restricted Jurisdictions.
You are responsible for ensuring your use of services complies with laws applicable to you.
16. SUSPENSION, TERMINATION & ACCOUNT CLOSURE
We may suspend or terminate your account where:
- compliance concerns exist
- we reasonably suspect fraud or prohibited activity
- you breach this Agreement
- operational or risk reasons require restriction
Termination does not affect your liability for existing obligations.
17. LIMITATION OF LIABILITY
To the fullest extent permitted by law, the Company is not liable for losses resulting from:
- market movements, volatility, gapping
- slippage, execution delays, liquidity shortages
- platform outages, connectivity failures, third-party disruptions
- actions or omissions of Third-Party Providers
- your own actions, omissions, or reliance on third-party information
Nothing excludes liability that cannot be excluded by law.
18. INDEMNIFICATION
You agree to indemnify and hold the Company harmless from losses, claims, liabilities, and expenses arising from:
- your breach of this Agreement
- your unlawful conduct
- third-party claims relating to your use of services
- misrepresentation of identity, jurisdiction, or source of funds
19. CONFIDENTIALITY & DATA PROTECTION
Your personal data is processed according to the Privacy Policy. You must keep your login credentials secure and notify us immediately of unauthorized access.
20. INTELLECTUAL PROPERTY
The Trading Platform, content, trademarks, and software are owned by the Company or its licensors.
You receive a limited, revocable, non-transferable license to use the Platform for personal/business trading under this Agreement.
21. FORCE MAJEURE
We are not liable for delays or failures caused by events beyond our reasonable control, including market disruptions, power failures, network outages, acts of government, sanctions, war, terrorism, natural disasters, or third-party service failures.
22. AMENDMENTS & VARIATION
We may amend this Agreement by posting an updated version on the website/platform. Continued use of the Account after publication constitutes acceptance.
23. GOVERNING LAW & DISPUTE RESOLUTION
This Agreement and disputes arising from it are governed by the laws of Saint Lucia. Disputes shall be resolved by arbitration or court proceedings in Saint Lucia (or as otherwise stated by the Company), subject to mandatory consumer protection laws that may apply in your jurisdiction.
24. SEVERABILITY & ENTIRE AGREEMENT
If any provision is held invalid or unenforceable, it shall be severed and the remainder will remain in effect. This Agreement and referenced documents constitute the entire agreement between you and the Company regarding your Account and use of services.
25. ACKNOWLEDGEMENT
By opening and using an Account, you acknowledge that you:
- understand the execution-only nature of services
- understand non-exchange-traded instruments may be offered
- understand the Company may act as principal and typically uses matched-principal execution
- have read, accepted the Risk Disclosure Statement and related policies and accept the risks associated with leveraged trading.