1.1.32_ENG_FYNXT_Client Agreement & Account Management (TNC)

Author: Livia Tay, MY 
Last Updated: March 17, 2025

A well-structured client agreement and an efficient account management system are fundamental to ensuring that all parties are aligned, expectations are set, and any risks are mitigated. This article explores the importance of these elements in trading and how they contribute to the overall success of both the company and its clients.

Chapter A: Scope of Agreement - Clause 1-7

1. Acceptance & Electronic Signature (Clause 2.1-2.2)

   1. Clients must accept the agreement electronically before using Lirunex services.
   2. Signing up for an account means the client agrees to all terms and conditions without modification.
   3. Lirunex may update the TNC at any time, and continued use of the platform means acceptance of changes.

2. Legal Restrictions (Clause 6)

   • Clients are responsible for ensuring that CFD trading is legally permitted in their country.
   • Lirunex does not guarantee that its services comply with all jurisdictions.

Chapter B: Your Account - Clause 8-18

1. Account Types (Clause 16-17)

   • Standard Account – The default account type for CFD trading.
   • Islamic (Swap-Free) Account – Available for religious reasons, but misuse (e.g., swap arbitrage) leads to account suspension.
   • Cent Account – Deposits are converted into US cents for smaller trades but may be converted to a standard account if exceeding 3,000,000 USC.
     
     

2. Deposits & Withdrawals (Clause 12)

   • Only client-owned accounts can be used – No third-party deposits accepted.
   • Deposits above $10,000 or more than 10 separate deposits require additional verification.
   • Withdrawals must meet certain conditions:
     2a. If no trading activity:
           2a1. Partial withdrawals limited to twice per account (Clause 12.8).
           2a2. Full withdrawal requires a minimum lot trading condition (Clause 12.9).
   • Processing time: Withdrawals are processed within 24 hours on business days but may take longer due to bank processing times.
   • Refunds: If a deposit was made fraudulently or due to an error, a refund can be requested (Clause 12.6).
     
     

3. Unclaimed Money (Clause 15)

   • If an account remains inactive for 6+ years, Lirunex can claim and retain the funds.
     
     

By clearly defining the relationship between the client and the company, setting expectations, and providing continuous support, trading companies can build lasting and fruitful partnerships. Clients benefit from personalized, transparent services that allow them to trade confidently, knowing they are supported by an experienced and trustworthy team.