Product Statement
Product Statement and Execution Risks
Execution Model-STP
Demo Accounts
Slippage
Execution Risks
1. Internet Trading Risks
2. Liquidity
3. Delays In Execution
4. Volume
5. Fast Markets
6. Gapping
7. Weekend Risk
8. Rollover/Swap Rates
9. Margin Call Policy
10. Reset Orders
11. Limit/Stop Orders
12. Hanging Orders
13. Greyed Out Pricing
14. Hedging
15. Diminishing Margin
16. Exchange Rate Fluctuations (Pip Costs)
17. Governing Law And Jurisdiction
18. Leverage
Notice To Online Traders
Online Transfer Authorization Agreement
Wire Transfers
Proof of Identity
The following are accepted as proof of identity
A valid passport with recent photograph
A valid national ID card
A valid driver’s license
Proof of Residence
A utility bill not older than 3 months
A bank statement not older than 3 months
Bank Account Requirements
Funds Withdrawal Procedures
The withdrawal process at EliteCapitalMarket is a strict and secure process which requires certain guidelines in order for the funds to be sent back to their original source and beneficiary.
EliteCapitalMarket clients must complete a withdrawal request and provide all information required
All withdrawal forms are submitted to EliteCapitalMarket accounts department for processing. Once approved, the withdrawal will take UP to 48 hours, except for bank wires which may take up to 5 working days.
Funds withdrawn will be returned to the original source of deposit, be it bank, credit or debit card, or e-wallet payment method. In the case that the withdrawal amount is in excess of the amount originally deposited, then the excess amount will be returned to the client by bank transfer.
In the event that a withdrawal is flagged for suspicious activity, the withdrawal is placed on hold, pending further investigation by the Compliance department.