1. Parties and Scope
This Client Agreement ("Agreement") is entered into between Zhongfu International Futures Co., Limited ("the Company", "we", "us"), a corporation licensed by the Hong Kong Securities and Futures Commission (SFC) under Central Entity Number BPQ160 to carry on Type 2 (Dealing in Futures Contracts) and Type 5 (Advising on Futures Contracts) regulated activities, and the individual or entity ("Client", "you") who has completed the account opening process and been accepted as a client of the Company.
This Agreement governs the terms under which the Company provides futures dealing and advisory services to the Client. By completing and submitting the account opening application, the Client confirms having read, understood and agreed to be bound by this Agreement.
2. Account Opening and Eligibility
2.1 The Client must be at least 18 years of age and not more than 80 years of age at the time of account opening.
2.2 The Client must not be a citizen or resident of jurisdictions where the offering of futures services by the Company would be prohibited or restricted by local law, including but not limited to the United States of America.
2.3 The Company reserves the right to decline any application or to terminate any account at its sole discretion, including where the Client provides false, incomplete or misleading information.
2.4 The Client agrees to provide accurate and up-to-date personal, financial and identity information as required by the Company's Know Your Client (KYC) and due diligence procedures.
3. Services
3.1 The Company will provide the Client with access to futures contract dealing services through the Company's designated electronic trading platform.
3.2 The Company may, at its discretion, also provide market commentary, research, and trade recommendations ("Advisory Services"). Such recommendations are provided for informational purposes only and do not constitute investment advice. The Client is solely responsible for all trading decisions.
3.3 The Company does not act as a portfolio manager and does not make discretionary trading decisions on behalf of the Client.
4. Orders and Execution
4.1 The Client may place orders through the Company's trading platform, by telephone, or through other authorised channels.
4.2 The Company will use commercially reasonable efforts to execute orders promptly. However, the Company does not guarantee execution at any particular price or within any particular time frame due to market conditions.
4.3 The Client acknowledges that orders may be rejected, cancelled or modified by the relevant exchange or clearing house, and the Company shall not be liable for any losses arising from such actions.
5. Margin and Settlement
5.1 The Client shall maintain in the account at all times sufficient margin as required by the Company and the relevant exchange.
5.2 The Company may, without prior notice, close out any or all of the Client's positions and apply any funds in the account to satisfy margin requirements if the Client fails to maintain sufficient margin.
5.3 All transactions shall be settled in the currency specified by the Company. The Client bears all foreign exchange risks.
6. Fees and Charges
The Client agrees to pay all commissions, exchange fees, clearing fees, regulatory fees, financing charges, and other applicable fees in accordance with the Company's fee schedule, which may be updated from time to time with notice to the Client.
7. Client Funds
7.1 Client funds shall be deposited in segregated client accounts maintained with authorised financial institutions in accordance with SFC regulations.
7.2 Client funds shall not be commingled with the Company's own funds and shall not be used to finance any of the Company's own business activities.
8. Risk Disclosure
The Client acknowledges having received, read and understood the Risk Disclosure Statement provided by the Company. The Client confirms understanding the risks of futures trading, including the risk of loss exceeding the initial investment.
9. Limitation of Liability
9.1 The Company shall not be liable for any loss arising from market conditions, force majeure events, system failures, communication breakdowns, or actions of third parties beyond its reasonable control.
9.2 The Company's total liability under this Agreement shall not exceed the fees paid by the Client in the twelve (12) months preceding the event giving rise to the claim.
10. Termination
10.1 Either party may terminate this Agreement by providing written notice to the other.
10.2 The Company may terminate the account immediately if the Client breaches this Agreement, violates applicable laws, or engages in fraudulent or abusive conduct.
10.3 Termination shall not affect any rights or obligations accrued prior to the termination date.
11. Amendments
The Company may amend this Agreement from time to time. Material changes will be notified to the Client by email or through the trading platform. Continued use of the services after such notification constitutes acceptance of the amended terms.
12. Governing Law and Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of the Hong Kong Special Administrative Region. The parties submit to the exclusive jurisdiction of the courts of Hong Kong.
13. Contact
For any questions regarding this Agreement, please contact zfcare@zffutures.com.
1. 协议各方及适用范围
本客户协议（"协议"）由中福国际期货有限公司（"本公司"，"我们"）与已完成开户程序并获本公司接纳为客户之个人或实体（"客户"，"您"）订立。本公司持有香港证券及期货事务监察委员会（"证监会"）颁发之第2类（期货合约交易）及第5类（期货合约咨询）受规管活动牌照，中央编号BPQ160。
本协议规定本公司向客户提供期货交易及咨询服务之条款。客户填写并提交开户申请即确认已阅读、理解并同意接受本协议约束。
2. 开户及资格
2.1 客户于开户时须年满18岁且不超过80岁。
2.2 客户不得为本公司提供期货服务受当地法律禁止或限制之司法管辖区之公民或居民，包括但不限于美利坚合众国。
2.3 本公司保留全权拒绝任何申请或终止任何账户之权利，包括客户提供虚假、不完整或具误导性资料之情况。
2.4 客户同意按本公司之了解客户（KYC）及尽职审查程序提供准确及最新之个人、财务及身份资料。
3. 服务
3.1 本公司将通过本公司指定之电子交易平台向客户提供期货合约交易服务。
3.2 本公司可全权酌情提供市场评论、研究及交易建议（"咨询服务"）。该等建议仅供参考，不构成投资建议。客户须独自承担所有交易决定之责任。
3.3 本公司不担任投资组合经理，且不代表客户作出全权委托交易决定。
4. 订单及执行
4.1 客户可通过本公司交易平台、电话或其他授权渠道下单。
4.2 本公司将尽商业上合理之努力迅速执行订单。惟受市况影响，本公司不保证以任何特定价格或于任何特定时间内执行。
4.3 客户确认订单可能被相关交易所或结算所拒绝、取消或修改，本公司不就因此产生之任何损失承担责任。
5. 保证金及结算
5.1 客户须随时于账户内维持本公司及相关交易所要求之充足保证金。
5.2 如客户未能维持充足保证金，本公司可不经预先通知平仓任何或所有客户持仓，并动用账户内之任何资金以满足保证金要求。
5.3 所有交易须以本公司指定之货币结算。客户承担所有外汇风险。
6. 费用及收费
客户同意按本公司之收费表（本公司可经通知客户后不时更新）支付所有佣金、交易所费用、结算费用、监管费用、融资费用及其他适用费用。
7. 客户资金
7.1 客户资金须按证监会规定存放于授权金融机构开立之独立客户账户内。
7.2 客户资金不得与本公司自有资金混合，且不得用以支持本公司任何业务活动。
8. 风险披露
客户确认已收讫、阅读并理解本公司提供之风险披露声明。客户确认理解期货交易之风险，包括可能蒙受超过初始投资之损失。
9. 责任限制
9.1 本公司不就因市况、不可抗力事件、系统故障、通讯中断或本公司合理控制以外之第三方行为引起之任何损失承担责任。
9.2 本公司于本协议项下之总责任不得超过引起索赔事件前十二（12）个月内客户已支付之费用。
10. 终止
10.1 任何一方可经书面通知另一方终止本协议。
10.2 如客户违反本协议、违反适用法律或从事欺诈或滥用行为，本公司可即时终止账户。
10.3 终止不影响于终止日期前已累积之任何权利或义务。
11. 修订
本公司可不时修订本协议。重大变更将通过电邮或交易平台通知客户。客户于该等通知后继续使用服务即构成接受经修订之条款。
12. 适用法律及司法管辖
本协议受香港特别行政区法律管辖并据其诠释。各方接受香港法院之专属司法管辖权。
13. 联络
如对本协议有任何疑问，请联络 zfcare@zffutures.com。