Welcome to Closefriendstraders.com, the trusted partner for your online trading journey. By using our services, you agree to comply with the terms and conditions outlined below. We encourage you to review these terms carefully, as they are designed to maintain a secure, fair, and transparent trading environment for all users.

Failure to adhere to these terms may result in significant consequences, including but not limited to the suspension or termination of your account, loss of funds, or, if necessary, legal action. Please note that we reserve the right to update these terms at any time, and as a user, it is your responsibility to stay informed of any changes.

By accessing Closefriendstraders.com, you agree to abide by the following policies and guidelines:

Prohibited Activities

• Restricted Trading Practices
  Engaging in activities such as Chamka, line trading, or insider trading is strictly prohibited. Violations will result in immediate account suspension or closure.
• Improper Account Usage
  Sharing login credentials or allowing unauthorized individuals to manage your account for trades is considered misuse. Such actions may lead to account suspension or the withholding of funds.
• Scalping
  Trades designed to generate profits within five minutes are classified as scalping. Any profits from such activities may be removed without prior notice.
• VPN Prohibition
  Trading using a VPN is not permitted on Closefriendstraders.com. Trades initiated through VPNs may be invalidated and removed.

Trading Guidelines

• Bonuses and Dividends
  Bonuses and dividends will be distributed in accordance with any applicable regulations provided by exchange circulars. These rules are subject to change.
• Cross Orders
  Executing trades from the same IP address or across multiple accounts is not allowed. Resulting profitable trades may be canceled.
• Order Processing
  Orders will be executed based on bid or ask prices rather than the Last Traded Price (LTP). Execution times and final prices may vary depending on market conditions.
• Invalid Orders
  Placing buy stop or sell stop orders without holding a position or exceeding the permitted quantity will result in the cancellation of such orders.

Compliance and Account Protection

• Negative Balance Protection
  Your account will be safeguarded against falling into a negative balance up to a 30% threshold. Should your account balance exceed this limit, further corrective actions may be enforced.
• Margin Requirements
  Ensure your account maintains sufficient funds at all times. Failure to meet margin requirements may lead to the liquidation of your positions.

Special Conditions and Limitations

• Technical Glitches
  Any technical issues must be reported immediately along with your user ID. We may take measures such as closing your positions at the current market price (CMP) to mitigate the impact.
• Group Trading Restrictions
  Only pre-approved group trading activities are allowed on Closefriendstraders.com. Unapproved group trading can result in account restrictions or suspension.
• Hedging Prohibition
  Hedging strategies are not allowed. Such actions may lead to account restrictions or closure.
• Payouts
  Payouts may occasionally be delayed due to external factors such as banking constraints. We appreciate your patience and cooperation when these circumstances arise.

By trading on Closefriendstraders.com, you acknowledge and accept these terms and conditions. Should you have any questions or require further assistance, please do not hesitate to contact our support team.

Thank you for choosing Closefriendstraders.com. We are committed to delivering a secure and reliable trading experience.

Best Regards,
The Closefriendstraders.com Team