EFD Group is founded on core values of transparency and honesty, ensuring that all forex trading activities are conducted with integrity and clarity. Our mission is to uphold a secure and transparent trading environment for all traders, driven by these guiding principles. Our policies and disclaimers are designed to protect your funds and ensure compliance with legal standards and best practices in all forex transactions. By understanding these policies, you will gain insights into the safeguards we have implemented to protect your investments. By having this knowledge, you will be able to make informed decisions while navigating the forex markets. We prioritize the security of your trades and continuously strive to maintain a reliable and trustworthy platform. We strongly encourage all traders to regularly review these policies to stay informed and minimize potential risks. Your safety and security are our top priorities, and we are committed to providing you with a secure and dependable forex trading experience.
The legal policies and regulations our affiliated brokers must follow can vary significantly depending on their country or region. The acquisition of licenses and registrations from relevant regulatory authorities in the UK is managed by the Financial Conduct Authority (FCA). Our brokers must maintain a certain level of capital to meet financial obligations and withstand market fluctuations. Additionally, our associated brokers must separate client funds from operational funds to protect them during economic difficulties. They must implement effective risk management strategies and provide clear and transparent information regarding services, fees, risks, and trading conditions.
Compliance with anti-money laundering (AML) laws is also mandatory. The suitability of trading products for clients is assessed based on their knowledge, experience, and risk tolerance. Moreover, our affiliated brokers are responsible for adhering to fair market conduct and avoiding misleading or deceptive practices to establish a safe and equitable trading environment for traders.
Our commitment is to stay up-to-date with regulatory developments to ensure transparency and security for our clients. Please take the time to read the legal documentation and additional information available on our website before opening an account or engaging in any activities with us. If you need any further clarification, please reach out to us. By agreeing to these terms and conditions, you form a legally binding agreement with us, acknowledging that you have read, understood, and accepted the terms and conditions of the Agreement and any related policies or legal documents.
Portfolio Management Services (PMS)
EFD Group offers a range of Portfolio Management Services (PMS) to help clients manage their investments and maximize their returns. These services include:
CPM (Complete Portfolio Management): Under this service, EFD Group manages the entire portfolio on behalf of the client. The client does not need to take any action as our expert team actively trades in their account, aiming to generate profits. The rules and guidelines for this service are clearly outlined in the terms and conditions specific to CPM.
PSS (Portfolio Supervision Service): This service is designed for clients who wish to trade on their own. EFD Group provides expert trading signals and portfolio monitoring. We guide the client in terms of risk management, making suggestions, and offering real-time guidance, especially during periods of market volatility. The goal is to help clients optimize their trading strategies and increase profitability.
TSS (Trading Signal Service): Clients opting for this service receive expert trading signals for a monthly fee. Our experts generate high-quality trading signals that clients can apply to their accounts to potentially generate profits. EFD Group has a proven track record of success with this service, and clients can expect expert analysis and signals to guide their trading decisions.
1. Password Change on Approval: Once your application is approved for the PMS service (Complete Portfolio Management), your password will be changed to pmsxxxx (the last four digits of your mobile number) within 24 to 48 hours.
For example - If the last four digits of your mobile number are 1234, your password would be pms1234.
2. Portfolio Management Fee: We will look after your portfolio thoroughly, and you are not obligated to put your efforts into trading. The fee will amount to 30% of the net income we generate for you. Each withdrawal will be treated on a profit of 10%.
3. Profit Withdrawal and Trading Pause: Once the account qualifies for a 10% profit over your initial capital, the system squares off all the positions to clear the portfolio, and you will be intimated for profit withdrawal. The trading will be resumed only after your withdrawal; till then, the portfolio remains tradeless.
Note: The system checks the existing trades and the market flow. In case there is a flow in the market that is favorable for the portfolio, the system holds to enhance the profits.
4. PMS Fee Payment: After withdrawing the profits, process the PMS fee (30%) to the EFD Group on the provided bank account details.
5. No Interference During Service: Investors opted for PMS are not allowed to interfere in any way during the portfolio management service tenure. Concerns and queries like changing the trading parameters, opening/closing trades, taking profits or stop loss, introducing new instruments, taking less or more risk, starting/stopping or resuming trading will not be appreciated.
6. Understanding Company Norms: To keep the PMS contract professional and to maintain the business relationship, it is required to understand the complete norms of the company.
7. Mandatory Intimation of Transactions: Deposit, withdrawal, adding funds, transferring funds should not be hidden from your portfolio manager, as it might be very risky. Intimation of such transactions to the account manager is mandatory.
8. Easy Opt Out from PMS: Opting out of Portfolio Management Service is as easy as opting in for it. At any point of time, the investor is allowed to withdraw from PMS. We always recommend having your account manager's advice at the time of service withdrawal.
9. Equity Below Minimum Threshold: If the equity in your trading account falls below a specified minimum threshold, you will be required to add additional funds to the account to meet the required margin level.
10. Margin Call: When your equity falls below the minimum threshold, you will receive a margin call from EFD Group, requesting you to deposit more funds to restore your account balance to a sufficient level. This action is necessary to avoid the risk of your positions being liquidated.
a. What is a margin call?
EFD Group may issue a margin call for Forex if your trading account balance falls below the minimum set by them due to market movements that are not favorable. Essentially, it's a warning that you don't have enough funds to cover potential losses on your open positions. In other words, we will issue a margin call if the market moves against your open positions and you don't have enough funds to maintain them.
You must deposit more funds or some of your positions will be closed to restore your account to the require margin level.
b. When is it required?
The forex market is known for its high volatility and can be significantly impacted by global uncertainty. Here are some key factors that contribute to this uncertainty:
i. Political Tensions and Conflicts: Wars, political unrest, or disputes between countries can cause currencies to fluctuate rapidly. Investors often seek "safe haven" currencies like the US dollar or Swiss franc during such times.
ii. Economic Policy Changes: Decisions by central banks, such as changes in interest rates or new monetary policies, can lead to significant movements in currency values. For example, an interest rate hike by the US Federal Reserve can strengthen the dollar.
iii. Natural Disasters and Pandemics: Events like COVID-19 can disrupt economies and supply chains, leading to currency fluctuations. Tourism-dependent economies often suffer, while others may benefit as investors look for safer options.
iv. Global Economic Changes: Economic data, international trade relations, and global economic conditions can all impact forex markets. For instance, recessions or financial crises can increase market volatility.
v. US Administration Changes:
The US administration has a significant impact on the forex market. Here are a few ways this happens:
- Interest Rates: The Federal Reserve's decisions on interest rates directly affect the US dollar's value. The dollar might strengthen if the administration supports policies that lead to higher interest rates.
- Market Sentiment: Political stability or instability can affect investor confidence. A stable administration might boost market sentiment, while political uncertainty can lead to increased volatility and fluctuations in currency values.
These factors make it crucial for forex traders to stay informed about US political developments and their potential economic implications.
c. What should you do?
Increasing your investment to protect previous investments can be a viable strategy sometimes, but it's important to proceed cautiously.
d.How does it help experts to recover your existing losses?
Remember, adding more funds can sometimes save an investment, but there is always a chance to lose all your investment.
Forex is risky, so do not invest in something you cannot afford to lose.
11. Notification of Required Funds: You will be notified through email when additional funds are required to meet the margin requirements.
Investment Performance
Unless otherwise stated to the contrary, no EFD Group company guarantees any particular rate or return, the performance of any investment or the repayment of capital from any investment. Investment is subject to investment and other risks. Possible risks could include delays in repayment and loss of income or capital invested.
Disclaimer and limitation of liability
To the maximum extent permitted by law, EFD Group will not be liable in any way for any loss or damage suffered by you through use or access to this website, or EFD Group's failure to provide this website.
Our liability for negligence, breach of contract or contravention of any law as a result of our failure to provide this website or any part of it, or for any problems with this website, which cannot be lawfully excluded, is limited, at our option and to the maximum extent permitted by law, to resupplying this website or any part of it to you, or to paying for the resupply of this website or any part of it to you.
1. Trading Signals Provided: We provide expert trading signals to our clients to help them make informed trading decisions. These signals are designed to guide clients in identifying profitable opportunities in the market.
2. Independent Client Trading: While we provide trading signals, clients are responsible for executing the trades on their own. This allows clients to maintain full control over their trading account while benefiting from our guidance.
3. Extra Layer of Security: We offer an additional layer of security by supervising your trading account. Our supervision ensures that your trades are being carried out effectively and with a focus on minimizing risks.
4. Market Volatility Support: During volatile market conditions, we provide timely assistance and guidance. Our team is ready to step in with expert advice to help clients navigate uncertain market scenarios and avoid unnecessary losses.
5. Error Intimation: In the event of any mistakes or incorrect trades, we immediately notify the client. We ensure that all trading errors are addressed promptly to minimize the impact on the portfolio.
6. Risk Management Checks: We continuously monitor the risk management strategies in place for your account. By reviewing your trading positions, we ensure that the risk level remains within acceptable limits to safeguard your investments.
7. Expert Guidance on Trading Strategies: Our team offers professional advice on effective trading strategies to optimize profits. We guide clients on best practices for trading, helping them make decisions that align with their goals and risk tolerance.
8. Long-Term Profit Potential: With our expertise and supervision, clients are better equipped to make profitable trades. Our service aims to enhance the long-term profitability of your account while reducing exposure to unnecessary risks.
9. Continuous Support: PSS clients receive continuous support from our team. Whether it's clarifying doubts, offering market insights, or providing adjustments to strategies, we ensure that clients are always equipped with the right information to succeed in trading.
10. Portfolio Supervision Service Fee: We will supervise your portfolio and provide trading signals. The fee for this service will amount to 20% of the overall profit generated. You are required to withdraw once a 10% profit over your initial investment amount is achieved.
11. Profit Withdrawal and Trading Pause: Once the account qualifies for a 10% profit over your initial investment, the system will pause the trading signals and resume only after the company receives the fee payment from you. The portfolio will remain tradeless until the fee is paid.
12. PSS Fee Payment: After withdrawing the profits, please process the PSS fee (20%) to the EFD Group using the provided bank account details.
1. Monthly Fee for Trading Signals: The client agrees to pay a monthly fee for the expert trading signals provided by EFD Group. The fee will be as per the plan selected by the client.
2. Delivery of Trading Signals: The trading signals will be delivered through email, WhatsApp, Skype, or any other agreed communication method between EFD Group and the client. The mode of communication will be chosen based on mutual agreement.
3. No Guarantee of Profit: The trading signals provided are based on expert analysis. However, EFD Group does not guarantee profits from the signals. The Forex market is highly volatile, and there are substantial risks involved in trading. Clients are responsible for assessing their own risk tolerance before acting on any signals provided.
4. Risk Acknowledgment: Clients acknowledge that Forex trading involves a high level of risk and that there is no assurance of making profits. By opting to use the trading signals, the client accepts full responsibility for any losses incurred and understands the inherent risk involved in trading.
5. Client’s Risk Decision: It is solely up to the client to decide whether to act on the trading signals or not. The client understands that they are taking the risk by following these signals.
6. Plans and Instruments: Different plans for the Trading Signal Service (TSS) are available, and full details regarding the plans and their respective instruments are outlined on the relevant page. Each plan includes different instruments, which can affect the overall performance of the portfolio.
7. Suitability for Experienced Traders: EFD Group advises that only experienced traders should opt for the Trading Signal Service. Due to the complexity and risks involved in the Forex market, the service is recommended for individuals with prior trading experience.
8. Modification of Terms: EFD Group reserves the right to modify or update the terms of the Trading Signal Services at any time. Any changes to the terms will be communicated to the client via the chosen communication method.
1. Eligibility for Partnership To apply for a partnership, the client must have an active investment along with at least one of the available Portfolio Management Services (PMS).
If a partner invests with us but does not opt for any PMS services, they will not be eligible for partnership benefits.
The partnership will be considered only after the investment amount is verified to match the requirements of the chosen partnership plan.
The management will review the client’s trading account to ensure that the investment aligns with the selected partnership criteria before approval.
2. Approval of Partnership Once the client’s investment is verified, and it meets the criteria for the partnership plan, the partnership will be approved.
The client will receive a unique referral link available in the dashboard. This link is used to refer new clients to the platform.
The referral link is personal to each client, and it should be kept secure and confidential.
3. Referral Link Usage Clients can begin referring new clients using the unique referral link provided in their backoffice once the partnership is approved. The referral link is for the exclusive use of the client and must not be shared with unauthorized individuals or used inappropriately. Only clients who sign up through your referral link will be eligible for commissions. Any misuse of the referral link may result in disqualification from the partnership program.
4. Mandatory PMS Services for Referred Clients When a partner refers a client for investment, it is mandatory for the referred client to opt for at least one of the available Portfolio Management Services (PMS) from the following options:
a. CPM (Complete Portfolio Management)
b. PSS (Portfolio Supervision Services)
c. TSS (Trading Signal Services)
If the referred client fails to opt for any of these PMS services, the partnership benefits for the referring partner will not be applicable.
5. Impact of Withdrawal on Partnership
a. Full Withdrawal: If the client withdraws the full investment amount, the partnership will be immediately terminated, and all associated benefits will be revoked. The partnership will no longer be valid.
b. Partial Withdrawal: If the client makes a partial withdrawal of the investment amount, the partnership terms will be adjusted according to the remaining investment.
• The partnership plan will be modified to reflect the new investment level after the partial withdrawal.
• Clients will have a 30-day period from the withdrawal date to redeposit the withdrawn amount to restore the previous partnership terms.
• If the full investment is not redeposited within 30 days, the partnership criteria will remain based on the adjusted investment level.
6. Multiple Accounts Policy
Clients are allowed to have only one account associated with the partnership. Multiple accounts belonging to the same client will be disqualified from the partnership program.
We retain the right to disqualify any client who engages in deceptive practices to receive more benefits from the partnership program, including but not limited to creating multiple accounts, providing false information, or attempting to manipulate the system for personal gain.
7. Taxes and Charges Any taxes or charges arising out of the partnership or trading activities shall be borne solely by the trader. The company is not responsible for any tax liabilities or charges that may apply to the trader’s earnings or activities within the partnership program.
8. Eligibility for Referral Commissions
As a partner, you are eligible to receive a commission when you refer clients to the Learn & Earn program. For every successful referral who registers and pays the registration fee for the program, you will receive a percentage of the registration fee paid by the referred individual.
The exact commission percentage you will receive depends on the partnership plan you have opted for. Please refer to the Partnership Plans section on our website for more detailed information regarding the applicable commission rates.
9. Portfolio Management Services (PMS)
EFD Group offers a range of Portfolio Management Services (PMS) to help clients manage their investments and maximize their returns. These services include:
CPM (Complete Portfolio Management): Under this service, EFD Group manages the entire portfolio on behalf of the client. The client does not need to take any action as our expert team actively trades in their account, aiming to generate profits. The rules and guidelines for this service are clearly outlined in the terms and conditions specific to CPM.
PSS (Portfolio Supervision Service): This service is designed for clients who wish to trade on their own. EFD Group provides expert trading signals and portfolio monitoring. We guide the client in terms of risk management, making suggestions, and offering real-time guidance, especially during periods of market volatility. The goal is to help clients optimize their trading strategies and increase profitability.
TSS (Trading Signal Service): Clients opting for this service receive expert trading signals for a monthly fee. Our experts generate high-quality trading signals that clients can apply to their accounts to potentially generate profits. EFD Group has a proven track record of success with this service, and clients can expect expert analysis and signals to guide their trading decisions.
10. Commission on Profits Generated in Referred Clients' Trading Accounts
In addition to the referral commission for the Learn & Earn program registration fee, as a partner, you are also eligible to receive a commission based on the profits generated in the trading accounts of referred clients who have opted for any of the EFD Group’s services (CPM, PSS, or TSS).
The commission percentage you will receive is determined by the partnership plan you have selected. The details of the commission rates are available on the website. The commission is calculated based on the actual profits made by the referred client through their chosen service (CPM, PSS, or TSS).
11. Partnership Plans and Commission Structure
The percentage of the commission you will earn is dependent on the partnership plan you have chosen. Different plans offer different commission rates. For full details on the available partnership plans, including the commission structure and additional benefits, please visit our website and refer to the Partnership Plans section.
12. PTA Partners:
a. Dormant Partnership after 1 Year of Inactivity:
This clause specifies that if a PTA partner does not engage in any activity within their partnership account for over one year,
the partnership will be considered dormant. In this scenario, the partner will no longer be eligible to earn commissions. The inactivity could include
not making trades, withdrawals, deposits, or any other activity that signals the partner’s involvement.
b. Funding and Withdrawal Rules for PTA Partners:
This clause explains that the partnership account must remain funded at all times to qualify for continued earnings under the partnership agreement.
If the partner withdraws funds from their account (specifically the trading account linked to the partnership), they will no longer be eligible to
receive any further benefits from the partnership plan. This means that the trading account should maintain a minimum balance that allows the
trading to continue, and if the balance drops due to withdrawals, the partner loses eligibility for the plan’s benefits.a. The Partnership goes dormant
if there is no activity in your partnership account for more than 1 year, and you are not eligible to get commissions.
13. GTA Partners:
a. Dormant Partnership after 2 Years of Inactivity:
GTA partners must remain active in their partnership account. However, in the case of GTA partners, the inactivity period is extended to two years. If there is no activity in the account (such as trades, withdrawals, deposits, etc.) for more than two years, the partnership will go dormant. Once dormant, the GTA partner will not be eligible to receive any commissions. This rule encourages continuous participation and engagement to ensure that the partner remains active and entitled to benefits.
These rules are in place to maintain the integrity of the partnership and ensure that both parties (EFD Group and the partners) are continuously engaging and benefiting from the trading activities. By enforcing these terms, EFD Group ensures that only active partners remain eligible for commissions and benefits.
14. Amendments to the Terms and Conditions
The management reserves the right to amend these Terms and Conditions at any time, with prior notice to the clients. Any changes will be communicated through the dashboard or email.
It is the responsibility of the client to stay updated on the current Terms and Conditions of the partnership plan.
15. Safeguarding Personal Data We are committed to taking all reasonable steps in safeguarding the personal data of any existing or prospective clients, applicants, and visitors.
However, it is your responsibility to ensure that the person or people you have provided personal data about are aware that you’ve done so and have understood and accepted how EFD Group uses their information.
Please refer to our Privacy Policy for further information.
1. General Terms
The Learn & Earn Program (the "Program") is offered by EFD Group ("we," "us," "our") to individuals interested in learning about and participating in forex trading. By registering for the Program, you confirm that you have the legal capacity to enter into a binding agreement and meet all eligibility requirements. Participation in the Program is voluntary and may be subject to periodic updates to the Terms and Conditions. We encourage participants to review these Terms regularly.
2. Registration & Eligibility
Eligibility: To register for the Program, participants must be at least 18 years of age. Students below the age of 18 must obtain permission from their guardians before participating. The responsibility for confirmation rests with EFD Group.
Personal Information: You are required to provide accurate and complete information during registration. You agree to promptly update any changes to your personal details.
Program Access: Upon successful registration, you will gain access to the Program's resources, including training materials, demo accounts, and support services. Access is granted only to the registered individual and cannot be transferred to third parties.
3. Training & Educational Content
Content Ownership: All content provided through the Program, including training materials, videos, webinars, and other educational resources, remains the intellectual property of EFD Group or its licensors. You may not reproduce, distribute, or share this content without prior written consent.
Accuracy of Information: While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content provided. You acknowledge that trading in the forex market carries inherent risks.
4. Demo Accounts & Practice
Demo Account Use: Participants will be provided with a demo account to practice trading strategies risk-free. This demo account simulates real market conditions but does not involve actual monetary transactions.
Trading Risk: You understand that trading with real funds after transitioning from a demo account involves significant risks. EFD Group does not guarantee any profits or specific financial outcomes.
5. Fund Management & Application
Fund Management Opportunities: The Program offers an opportunity for qualified participants to manage funds without initial investment. EFD Group provides training and support to help participants develop the necessary skills for fund management.
Application Process: To apply for fund management, participants must meet certain requirements, including successful completion of training sessions.
No Initial Investment Required: EFD Group provides fund management opportunities to selected participants who have completed the necessary training, and no personal investment is required at this stage.
6. Interviews & Proficiency Assessment
Interviews: Participants wishing to apply for fund management must pass an interview assessing their understanding of forex trading & the performance of the trader will be taken care of while giving the real account.
Proficiency Standards: The decision to proceed with fund management opportunities will be based on the participant’s proficiency, as determined during the interview process. EFD Group reserves the right to reject applications based on insufficient knowledge or experience.
7. Real Account Trading
Skype Communication: Stay regular on Skype for communication. The trader should be regular on checking the accounts, sharing screenshots & checking the skype messages from management and experts and should follow the guidelines promptly.
Trading with Real Funds: Participants who successfully complete the Program and are selected for fund management will be given the opportunity to trade with real accounts under the supervision and support of EFD Group.
Profit & Loss: YYou acknowledge and understand that trading with real funds carries inherent risks, and the trader is not liable for any losses caused by market conditions. If the trader's performance falls short of expectations, resulting in losses, the trader will be responsible for covering those losses within one week. Failure to do so may lead to account suspension.
Additionally, if the trader's performance is deemed unsatisfactory and does not generate a reasonable profit, appropriate action may be taken.
8. Responsibilities & Conduct
Ethical Conduct: You agree to conduct yourself professionally and ethically throughout the Program. Any behavior deemed inappropriate, including harassment, fraud, or manipulation, may result in your removal from the Program.
Confidentiality: You agree to keep all information related to the Program, including training materials, strategies, and financial information, confidential.
9. Fund Management Guidelines
Trade Handling: If a trade is found in your portfolio that you haven’t placed, review its comment. Do not interfere with the trade if the comment includes "RM." The objective is to safeguard your portfolio, and our experts will manage it. If you close the trade, you will be responsible for any associated losses.
Withdrawal Conditions: Before closing trades upon qualification for withdrawal, always consult with management. Closing trades without proper consultation may lead to loss.
10. Termination & Suspension
Termination: EFD Group reserves the right to suspend or terminate your participation at any time for failure to comply with these Terms, unethical behavior, or violations of the law.
Suspension of Accounts: If your account is suspended, you will be notified. Access to training resources, demo accounts, and real account trading may be revoked.
11. Limitation of Liability
No Guarantee of Success: EFD Group does not guarantee the success of participants in forex trading. The market is volatile, and past performance does not guarantee future results.
Liability Waiver: EFD Group is not liable for any loss or damage, including financial loss, arising from participation in the Program, use of the demo account, or real trading accounts.
12. Data Protection & Privacy
Personal Data: By participating in the Program, you agree to provide the necessary personal information for registration and account creation.
Privacy Policy: Your personal data will be processed in accordance with EFD Group’s Privacy Policy. We take reasonable steps to ensure the security and privacy of your data.
13. Changes to Terms
Modifications: EFD Group reserves the right to modify or update these Terms and Conditions at any time. Any changes will be communicated to participants, and continued participation in the Program after such modifications indicates acceptance of the updated terms.
14. Notices
We may send notices to the email address provided by you. It is your responsibility to notify us of any changes to your email address. Any notice sent to your email address will be considered delivered at the time of sending.
15. Trading Guidelines
Proceed with Caution: Do not rush into investments. Follow the recommendations of EFD Group experts. Understand the business for at least three months before making any investment decisions.
Risk Warning: Forex trading is risky. EFD Group assigns volume sizes from 0.01 to 0.10 based on trader performance. Volumes above this are assigned according to the investor's wishes.
16. Account Management
Irregular Accounts: Accounts deemed irregular are blocked and blacklisted. The complete process must be repeated from the training session if the account is to be reactivated.
High Volume Accounts: If you have applied for high volume trading and cannot log in, back-office work is ongoing. New high-volume accounts will be allocated shortly.
17. Role of EFD Group
Service Provider Role: EFD Group is a service provider and does not handle client funds. All financial transactions are between the investor and the broker. Report immediately if you are asked to provide cash in the name of EFD Group.
18. Termination Rights
EFD Group reserves the right to terminate your use of this Program if we determine, at our sole discretion, that you have breached these terms and conditions.
By registering with us, you consent to the collection and use of your personal data.
Personal DataThe personal data that we collect from you is safely stored via physical, electronic means and procedural controls, in accordance with applicable legislation and it is treated CONFIDENTIAL, at all times. These controls are reasonably designed to:
1. Ensure the security and confidentiality of the customer's records and information;
2. Protect against any threats or hazards to the security or integrity of the customer's records and information;
3. Protect against unauthorized access to or use of customer's records or information that could result in substantial harm or inconvenience to the customer.
What kind of information we collect from you?
Throughout our cooperation we may collect information directly from you. Such information may be Personal Data such as your name, DOB, email, address, bank details, financial situation, trading activity, transaction history account balance information, and certain "KYC" documentation. We may also collect indirect information from you, which we use purely for verification and security purposes. Such information may include your (IP) address, browser type, operating system, Internet service provider (ISP), MAC id, cookies.
Data Management
Your security and data protection is our ultimate goal. EFD Group does not distribute, sell or transfer any data of its Clients to any unauthorized, non-affiliated to it, third parties. We may disclose data to third parties, always on a "need to know" basis, for the provision of specific services to EFD Group and its customers. We may enter into cooperation agreements with non-affiliated third parties to improve the customer services and to carry out functions, such as client services, consumer behavior surveys or similar activities relevant to business.
Marketing and Communication
We may contact you by electronic or other form of communication, at any time to provide you with information on its products, marketing materials, training or to enquire evaluation of its services. You may opt out from this application at any time by clicking on the unsubscribe link situated at the end each email sent to you or by notifying the member of staff that contacted you.
1. Foreign Exchange (Forex) and Leveraged Products Risk: Forex and Leveraged Products carry a significant risk of loss, which can be substantial or even total. You must assess whether your financial situation is appropriate for engaging in such high-risk trading activities.
2. Nature of Risk Capital: Risk capital refers to funds that are not needed for your basic living expenses or financial obligations. Only invest money that you can afford to lose without affecting your lifestyle or financial wellbeing.
3. Evaluation of Your Financial Situation: Before engaging in trading, it is crucial to evaluate your risk appetite, financial capacity, and whether such high-risk investments align with your personal financial goals.
4. No Guarantee of Market Predictions: Any opinions or analyses on expected market movements provided on the platform are not guaranteed to be accurate or timely. Forex markets are volatile, and predicting movements with certainty is not possible.
5. Inaccuracies in Information: While the information on the website is sourced from reliable and trusted resources, EFD Group cannot ensure the accuracy or timeliness of all data. The company is not liable for the use of inaccurate information, which may impact your trading decisions.
6. Speculative Nature of Forex Products: Forex and over-the-counter (OTC) products are speculative and involve a high level of risk. These instruments may result in greater financial losses than your initial investment, and users should understand these risks fully before proceeding with trading activities.
7. Complete Loss of Funds: Due to the leverage involved in trading forex, even small market movements can result in larger-than-expected losses, including the total loss of funds. Users should be aware of the financial impact that such leveraged trading can have on their capital.
8. High-Risk Products – Only for Risk Capital: Forex trading products are only suitable for individuals who can assume the risk of losing more than their initial investment. This high-risk nature means that only funds that you can afford to lose should be used for trading.
9. Seeking Independent Financial Advice: EFD Group recommends that individuals consult independent financial advisors before committing to any forex or leveraged product. Relying solely on the information provided by the platform can lead to unsuitable investment decisions.
10. Changes in Information Without Notice: The content on the website is subject to change at any time. Users should remain vigilant and regularly check for updates or changes to the information and terms provided on the platform.
EFD Group makes no recommendations as to the merits of any Forex or financial product referred to in this advertisement, emails, or its related websites. The information contained does not take into account your personal objectives, financial situation, and needs. Therefore, you should carefully consider whether these products are appropriate in light of your investment goals, financial situation, and risk tolerance, as well as the risks involved in dealing with such products.
There are unlimited number of funds managers, online forex and stocks broker across the globe, many of them have no principles. Many traders become victim of online scams by joining fraud broker. We have tie up with the most reputed and highly regulated forex companies and stock companies. We are an Introductory Broker of reputed online commodity & currency trading group, provides you some answers and points which you should always keep in your mind before selecting your broker.
Q: Forex market and stock market scams: What exactly is this?
A: The definition of forex market and stock market is very wide. According to Wikipedia, forex or stock scam is a trading scheme used by many fraud brokers through which they try to convince their clients to invest maximum money in market in order to get attractive profit. It will be considered as scam if broker fails to fulfil his commitment and promises with his clients. Many brokers even fail to return money to its clients. There are many other ways of scams also like execution of transactions, problems while withdrawing money, lack of transparency and many more.
Q: What should I search in my broker?
1. Promises of high returns from electronic markets are the biggest sign of a scam in this industry. EFD Group will keep you reminded about investor risks in electronic trading.
2. You should always ask about the trading license and its regulation in your area. If your broker is not regulated, then you might be in trouble.
3. If you are a new trader, then it will be compulsory for you to get a training program under us. Your broker's education and experience also matter a lot here.
4. Transparency is a must between the broker and clients. Does your broker disclose all relevant taxes and charges before starting your account?
5. The relationship between the broker and client should be very flexible, and the broker should be easily approachable for clients.
6. Always join only that broker which has a strong online payment security gateway. The broker's website should be secured by SSL.
Our parent companies are Licensed by
Global Regulatory Bodies.
Rest assured - Our credibility is important to us, as it is to you!
To provide our clients with security, privacy, and reliability EFD Group works with brokers who are regulated by reputable international regulatory authorities.
1. Central Bank of Curaçao and Sint Maarten (CBCS)
The Central Bank of Curaçao and Sint Maarten supervises the financial sector of the countries Curaçao and Sint Maarten to primarily promote the stability, integrity, efficiency, safety, and soundness of this sector.
2. Financial Services Commission (FSC)
The FSC is the integrated regulator for the non-bank financial services sector and global business in Mauritius.
3. Financial Services Authority (FSA)
FSA is the autonomous regulatory body responsible to license, regulate, enforce regulatory and compliance requirements, monitor and supervise the conduct of business in the non-bank financial services sector in Seychelles.
4. Financial Sector Conduct Authority (FSCA)
The FSCA is responsible for market conduct regulation and supervision. FSCA aims to enhance and support the efficiency and integrity of financial markets and to protect financial customers by promoting their fair treatment by financial institutions.
5. Financial Conduct Authority (FCA)
FCA is the conduct regulator for financial services firms and financial markets in the United Kingdom (UK) and is the prudential regulator for some of the financial services firms it regulates.
6. Capital Markets Authority (CMA)
The CMA is a governmental regulating body charged with the prime responsibility of market intermediaries, and all other persons licensed under the Capital Markets Act.
7. Financial Services Commission (FSC)
The FSC is the Regulatory Authority responsible for all financial services business operating in and from within the BVI.
8. Cyprus Securities and Exchange Commission (CYSEC)
CYSEC is the independent public supervisory authority responsible for the supervision of, inter alia, the investment services in Cyprus.
9. Limited Flexible Spending Account (LFSA)
LFSA is the statutory body responsible for the development and administration of the Labuan International Business and Financial Centre.
10. Dubai Financial Services Authority (DFSA)
The DFSA is the financial regulatory agency of the special economic zone, the Dubai International Financial Centre (DIFC).
Our associated forex brokers are fully committed to complying with international regulations designed to prevent money laundering, terrorism financing, and other illicit financial activities. In line with these regulatory requirements, clients must provide complete and accurate information, including their full name and any other required details, on payment documents. This ensures transparency and accountability, as outlined in the global legal standards against financial crime. Our associated brokers strictly prohibit third-party payments being credited to the client’s account, as it is a core policy to only accept payments directly from the account holder.
When clients transfer funds to their trading accounts, the funds will be deposited based on the value date of the payment received, and after any applicable deductions or charges from the client’s bank. The client is responsible for ensuring that the transferred amount is free of any additional fees imposed by their bank.
Our associated brokers reserve the right to refuse funds under the following circumstances (the list below is not exhaustive):
a) If the funds are transferred by a third party or the identity of the transferor cannot be properly verified;
b) If the broker has reasonable grounds to suspect that the individual transferring the funds is not a duly authorized person;
c) If there are concerns regarding the legitimacy of the source of funds, including potential money laundering activities, in which case the broker will file a formal report with the relevant authorities;
d) If the client’s account details do not match the information provided by the sender, causing a discrepancy in the verification process.
To ensure compliance with anti-money laundering (AML) laws, our associated brokers are obligated to collect specific verification documents from all clients. This process may include, but is not limited to, identity verification, proof of address, and evidence of the client’s financial standing. Clients may also be required to disclose the source of the funds being used for investments, which may involve providing additional documentation such as bank statements, employment income verification, or tax returns.
Our associated brokers reserve the right to suspend or refuse to process any client orders or instructions if the requested documentation or information is not provided. This includes withholding the execution of any transactions until the client completes the necessary verification steps. The responsibility for any delays due to outstanding verification documents lies with the client, and the broker does not accept any liability for such delays. Furthermore, in cases where the broker suspects that the client is engaging in suspicious activities, the account may be frozen pending further investigation, and the broker may report the issue to the relevant financial authorities or law enforcement agencies.
In addition to these requirements, our associated brokers will regularly review and update their compliance procedures to remain aligned with evolving legal standards. This includes maintaining secure systems for storing and processing client data, ensuring that sensitive information is protected against unauthorized access. Clients should be aware that the brokers may also conduct periodic checks on accounts for any unusual or suspicious activity, and any such findings may lead to further documentation requests or account actions.
By working with our associated brokers, clients are agreeing to fully comply with all anti-money laundering regulations and to provide accurate, up-to-date information when requested. This process is crucial in maintaining a safe and secure trading environment, preventing financial crimes, and ensuring the integrity of the financial markets.