Terms and Conditions

Our Company

Loyal EFX is a reputed investment company which has an award winning trading terminal and our provider’s parent company is regulated and authorized by the Financial Services Authority (FSA) Seychelles.

Operation of Trading

Opening a Live Trading Account (Active Account) In order to be able to enter into trading transactions, you will first need to open an Active Account. There are different types of accounts you can choose to operate. You may change or upgrade your account to suit your requirements, or you can make a call for us via support at LoyalEFX.

Client Identification Procedure

However, each client is only permitted to operate one active trading account with us. Where a client opens more than one Active Account with us, the company reserves the right to close the additional accounts and all related open trading positions. You agree to provide true, current and complete information about yourself during the registration process. If you are an authorized representative of a company, you declare that you have the authority to bind the company to this Agreement. We are required by law to obtain, verify, and record information identifying each person who opens an account. Hence, when you open an account, we ask that you provide certain details about you to identify yourself and to verify the information you have submitted to us upon registration.

Active Account Security and Management

Once you open an account with LoyalEFX, you need to set a username and password that you can use every time you use our services. Please take any necessary actions required to keep this information away from public view and do not share it with others. You are responsible to protect this information. If you misplace or lose any of the above data or you suspect that someone else has access to them, you should notify us immediately in writing.

Definitions and Interpretations

Following mentioned terms have the given definition and might have used in both singular and plural form.
  • Account – Client’s personalised trading account which was created with Loyal EFX.
  • Authorised person / company – Authorised body of the client under the power of attorney in order to give instructions to Loyal EFX relation to the accounts.
  • CFD – Contract for difference (CFD) is a financial contract which pays the differences in the settlement price between open and closing trades.
  • Client – An individual who has been accepted by Loyal EFX and will provide the service to that particular individual.
  • Company – Loyal EFX.
  • Exchange – Stock exchange.
  • Securities – Financial assets which can be traded. It can be in any form of financial instrument.
  • Trading platform – It’s an online platform which was created to the clients in order to place their orders with Loyal EFX.