Terms and Conditions

Terms of Busines

Last updated: November 2024

📋 Trading Agreement

This agreement and any relevant documents ("Terms and Conditions of Business", Beneficial Owner Declaration, Risk Disclosure, Introducer Agreement) shall constitute the entire Trading Agreement (collectively referred to as the "Agreement").

Between:
New Win Limited (the "Company"), a company formed and registered in Suite 305 Griffith Corporate Centre Beachmont, Kingstown Saint Vincent and the Grenadines, operating under the brand name New-Win AND Any User ("Client" or "you")
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1. General Provisions

1.1. Platform: The Platform is provided by third parties. New-Win doesn't control, endorse, or vouch for the accuracy or completeness of the Platform. It's provided to the Client on an as-is basis without any express or implied warranty or guarantee from us.

1.2. The Services may involve margined transactions, requiring the Client to deposit cash to secure its obligations under this Agreement ("Security Margin").
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2. Client Instructions & Order Execution

2.1. Deposit / Withdrawal Instructions: Deposit and Withdrawal by Bank Transfer are limited to a minimum of 15 USD. For other channels, clients can see details on the Website or Trading Platform.
2.2. New-Win shall execute the Client's withdrawal within 72 working hours once all conditions are met and upon approval by the New-Win Payment Department.
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Client Representations

The Client hereby declares that:

  • 3.1. The Client has read, understood, and agrees to the terms and conditions of this Agreement.
  • 3.2. Client does not have any legal disability and is not subject to any law or regulation which prevents its performance of this Agreement.
  • 3.3. Subject to this Agreement, all sums remitted to satisfy the Security Margin are and shall at all times remain free from any charge, lien, pledge, or encumbrance.
  • 3.4. Client complies with all laws to which he is subject including tax laws, exchange control requirements, and registration requirements.
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Margin Requirements

4.1. The Client shall remit to New-Win such amounts of money as required to cover the Security Margin and any account debit balance. New-Win will have no obligation to ensure Security Margin requirements have been satisfied before effecting an order.

4.2. New-Win may use any money received from the Client to satisfy New-Win obligations to any third party and New-Win shall not be obliged to account to the Client for any resulting income.

4.3. The Client shall deposit any money payable under a third-party contract in accordance with both the terms of that contract and instructions given by New-Win.

4.4. If the Client fails to keep a required Security Margin under this Agreement, New-Win may close out any or all open positions without prior notice and apply any proceeds to payment of amounts owed.

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Spread Rates, Margin & Leverage

5.1. New-Win reserves the right to modify Security Margin requirements in line with deposit size, transaction size, market conditions, or other factors. New-Win reserves the right to offer different spread rates based on Security Margin and/or positions.

5.2. Client is responsible for verifying account activity and Security Margin requirements, which are available via New-Win's Call Margin alert.

5.3. The maximum leverage rate ranges from 1:10 up to 1:1000 depending on account type. The default leverage is 1:500. Client may request a different leverage by contacting the Company.

5.4. The Company reserves the right to change the Client's trading account leverage at any time.

5.5. In case of absence of trading activity for over three (3) months, the Company reserves the right to apply an administrative fee to maintain the account.

5.6. In case of absence of trading activity for over six (6) months, the Company reserves the right to apply a credit-out rule and remove any trading credit from the Client's account.

5.7. In case of small balance and absence of trading activity for over thirty (30) days, the Company reserves the right to apply an administrative fee or close down the account.

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Right of Pledge, Lien, Set-Off and Retention

6.1. New-Win shall, at any time and without prejudice to any other rights New-Win may have, be entitled to delete, combine, or consolidate separate Client accounts. For any claims arising from Services relating to Client, irrespective of the maturity dates of such claims, New-Win shall have a right of lien and pledge, and a right of retention, on all assets or security held in Client's name or otherwise deposited with New-Win, or any guarantee or indemnity given to or owed New-Win by Client.

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Prohibition / Default / Company Rights

7.1. Without prior notice to/or receipt of further authority from the Client, New-Win shall have the right to close out all or any part of any position or terminate an account of Client, upon or at any time after the occurrence of any of the following events (each of which shall constitute an "Event of Default"):

  • 7.1.1. The Client fails to observe or perform in whole or in part any of the provisions of this Agreement or commits a breach of this Agreement.
  • 7.1.2. The Client maintains parallel accounts to arbitrage New-Win promotions or policies.
  • 7.1.3. In general, any breach of the Agreement including any call for Margin, if there is a change in Client's creditworthiness, if necessary to prevent a prohibition of any applicable law or good practice, or if you fail to provide any documentation that we may require for AML/KYC.
  • 7.1.4. The Client deposit funds from Third party the account will be suspended.
  • 7.1.5. The Client performs a credit card chargeback. In this case, any Client accounts will be frozen and all positions will be closed at the end of the trading day.
  • 7.1.6. The Client who engages or is suspected in what is deemed, illegitimate, unlawful, unethical, system abuse, system arbitrage, quotation arbitrage, system scalping, scalping order (hold order less than 2 minutes), toxic flow of orders, or another as a violation of trading standards.
  • 7.1.7. The Client who engages or is suspected of News Event abuse, opens an order when the market has high volatility after or before a News Event announcement, the order trades with a duration of five (5) minutes or less.

7.2. If an Event of Default occurs then New-Win without notification to Client and in its absolute discretion can take such action as may be necessary to protect its position including but not limited to:

  • 7.2.1. Closing one or more of Client's trades;
  • 7.2.2. Voiding or canceling any of Client's trades;
  • 7.2.3. Cancelling any trades, orders or contracts or other commitments made with the Client;
  • 7.2.4. Closing or suspending Client's account; and/or Limiting Client's access to the Trading Platform.

7.3. In addition to any other rights we have under the Agreements, we can do these things, with or without letting the Client know:

  • 7.3.1. Close-Out all or part of your Contracts at our absolute discretion;
  • 7.3.2. Reduce your position limit;
  • 7.3.3. Refuse your Orders;
  • 7.3.4. Adjust the size or value of your Contract;
  • 7.3.5. Trigger a password reset on your Account;
  • 7.3.6. Adjust the Margin requirements;
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Force Majeure

8.1. Acts Beyond Our Control: New-Win is not liable for any loss or damage because of any act of God, pandemics, power cuts, trade disputes, government actions, telecommunication failures, or other delays outside our control. New-Win reserves the right to cancel or suspend services.

8.2. Failure of Equipment: New-Win is not liable for the failure of any equipment or software that may prevent service operation. The Client acknowledges that there may be delays in processing orders and remains liable for original trades until amendments or cancellations are processed.

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Amendments & Termination

9.1. Amendments: New-Win reserves the right to make changes to the Trading Platform, website, costs, fees, charges, commissions, and Trading Conditions at any time. The Client's continued use of the Services will be deemed acceptance of any changes.

10.1. Termination: New-Win may close any of your Contracts, terminate the Agreements, and close your account either by giving 7 days' notice or immediately and without notice in case of certain breaches.

10.2. In case of 7 days' notice, the Client shall close any open trades prior to termination. If the Client fails to do so, the Company will close any open positions.

10.3. The Company reserves the right to keep Client's funds to close positions and/or pay pending obligations under the Agreement.

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Partner / IB / Introducer Agreement

11.1. Partners / IBs / Introducers should request to become Partner on our Website, Platform, or Partner Room.

11.2. The Agreement, Terms and Conditions of Partner / IB / Introducer will be sent via email within 48 hours of request.

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Jurisdiction

12.1. Jurisdiction & Governing Law: The Agreement will be interpreted in accordance with the Laws of Saint Vincent and the Grenadines. For any disputes arising under this Agreement, the Parties hereby submit to the exclusive jurisdiction of the courts sitting in Saint Vincent and the Grenadines.

Company Information:

New Win Ltd.

Suite 305 Griffith Corporate Centre Beachmont

Kingstown, Saint Vincent and the Grenadines

Registration Number: 26233BC2021

Email: [email protected]

⚠️ Important Notice

Trading CFDs involves significant risk of loss. The majority of retail trader accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

📞 Need Clarification?

If you have any questions about these Terms and Conditions, please contact our support team at [email protected] or through our live chat available 24/5.

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