GENERAL RULES
1. All trading transactions are performed online through Basel Financial
Inc. trading platforms.
2. By-phone trading is an emergency option.
3. Any system failure at Basel Financial Inc. may result into not executing
the order according to your instructions or not executing the order at all.
4. Trading accounts are basic and not equipped with the following facilities
by default; these facilities are available upon request.
• Choice of Leverage is set by default according to the account type.
• Expert Advisors;
• Hedge facility;
• Other facilities; see each account description
The above facilities should be requested directly to our Support Department
by email:
support@baselfinancial.com
and subject to the management approval.
PENDING ORDERS
1. All pending orders are guaranteed according to the fair market rate.
2. All pending orders must be placed according to the product
specifications. Check products tab on www.Baselfinancial.com website
3. Once pending orders are in process, Basel Financial Inc. system will
reject any cancellation or modification attempted during that time.
SCALPING RULES
Definition: Scalping is a trading strategy based on the following
principles:
• Distance in pips between open and close price (Averaging eight basis
points or less over any 24hours period)
• Time between open and close
• Frequency of trades
The smaller the distance in pips between open and close price, the shorter
the time
between open and close, the higher the frequency of the trades, the more
chances you have to be qualified as a scalper.
Scalping is allowed under one or all the following conditions:
• Higher spread may apply.
• Lower leverage may apply.
• A commission may apply.
EXECUTION
1. All orders are guaranteed according to the fair market rate.
2. When a client clicks for a trade, the client makes a request according to
the market watch price. If the requested price is a traded market price the
trading system will confirm. Otherwise, if the price changes, the system
will send an automated re- quote with the fair market rate. The client will
then have the choice to confirm or reject.
3. Basel Financial Inc. reserves the right to cancel and delete any
transaction/pending order executed on an invalid price (directly executed or
re quoted) without prior notice.
4. Market spread may be offered on all or selected products for the duration
of news releases and throughout hectic markets.
5. Basel Financial Inc. may in its soul and absolute discretion, at any
time, without a prior notice change its commissions, fees, spreads, margin
requirements and leverages, or close any account.
6. As Basel Financial Inc. sees fit, and in order to settle the cumulative
foreign currencies positions, a settlement will apply to all accounts
periodically. A previous notice in this regard will be sent through the
trading system mailbox. Accordingly, any foreign currency position held at
the end of a specific business day will be closed and re-opened the next
business day. No charges will apply for the settlement.
COMMISSION ON FUTURES CONTRACTS
A fixed commission of USD 6.00 per 100k Standard contract, USD 0.60 per 10K
Mini contract, and USD 0.06 per 1K Micro contract are charged to futures
contracts (One time Exchange Floor fee).
AUTOMATION
1. In normal market conditions trading is automated up to 90%.
2. In hectic market conditions trading is automated up to 60%
3. In unusual conditions or emergencies, automation will be disabled!
(Collapsing Market, internet disconnections, technical problems and
electrical blackouts). And will be replaced with the dealing desk.
REPORTING TRADING ERRORS
1. When you report a trading error, send an email to
Support@baselfinancial.com
or call us directly by phone.
2. We will need the following information to be able to assist you in this
regard:
• Your name
• Your account number
• Detailed description of the enquiry
• Your ticket/s number if applicable
• Your direct contact information
3. Any trading error on behalf of the client must be reported within 48
hours.
4. Any trading error coming from Basel Financial Inc. will be amended.
LIQUIDATION OF ACCOUNTS
1. According to the account type; when the margin level specification is
reached Basel Financial Inc. will liquidate (close) all open position(s)
including hedged positions.
2. At zero equity, Basel Financial Inc. will liquidate (close) all open
position(s) including hedged positions.
3. Pending orders at liquidation level may not be deleted if there are
sufficient margins on account to activate these orders.
4. Pending orders at liquidation level will be cancelled if there are no
adequate margins on account to activate the orders.
5. Basel Financial Inc. will not allow any account to go into deficit.
Should this occur, Basel Financial Inc. will adjust the balance to zero and
Basel Financial Inc. will cover the difference.
6. Accounts may be liquidated according to the provisions within the
Customer Agreement.
LEVERAGE
You can choose the leverage that best suits your investment needs. Basel
Financial Inc. provides the following choices:
• Full investment (Unleveraged)
• 1-05 (Standard)
• 1-10 (Standard)
• 1-20 (Standard)
• 1-50 (Standard/ Mini)
• 1-100 (Standard default/ Mini Default/ Micro)
• 1-200 (Standard/ Mini/ Micro)
• 1-300 (Mini/ Micro default)
• 1-400 (Micro)
• 1-500 (Micro)
To change the leverage of your account, please send your request to
Support@baselfinancial.com
EXPERT ADVISOR
• Expert Advisor facility is activated only upon request. Your requests
should be sent to
Support@baselfinancial.com.
The activation of the expert facility is subject to the compliance
department discretion.
VALIDITY OF THIS POLICY
1. The latest published version of this policy on Basel Financial Inc.
website shall prevail.
Important Notice:
1. In the event of any dispute
arising regarding the customer account/s and/or any open or closed positions
within customer account, Basel Financial Inc. has the right to internally
investigate and audit this account/s including all open and closed
transactions. Simultaneously, the account/s funds shall be frozen and no
transactions will be allowed until the dispute is completely resolved.
2. Basel Financial Inc. grants no guarantees to the client account and/or
investment and/or funds.
3. Basel Financial Inc. has all rights to amend, change, delete, add, and
modify spreads, fees, daily commissions, leverage, margin requirements,
liquidation level (stop out level) and any offers for any accounts or any
positions, at any time.
4. Furthermore, Basel Financial Inc. reserves the right to close any
positions or accounts, at any time, without a prior notice.
For further questions or information, please contact us via e-mail
to
Support@baselfinancial.com
or call us directly.
Contact us!
