FTO is an interest-free loan provided by the broker to the client's trading account.

 
FTO is provided for a limited period of time with a mandatory condition of repayment of this loan by crediting the client's FTO amount to his trading account according to the details provided by the broker.

Sometimes in the process of trading there are such situations that during drawdown the client's account is threatened by low level of funds and in order to increase the level and prevent possible Stop Out on transactions, the only option is to replenish the trading account to increase the level of funds.

 
When such a situation arises and there is an urgent need to increase the level of funds, it may happen that the client does not have the financial or technical ability to replenish the account within the time limits of this situation.

In such a case the client can ask the broker to provide a short-term interest-free loan (FTO) to his trading account.
The broker reserves the right to approve or reject such a request at its discretion.

FTO can be granted for a maximum of 30 calendar days, but the broker reserves the right to adjust the terms of FTO granting depending on the situation, at its discretion.

After the FTO is credited, the broker blocks the possibility of opening new and closing active trading orders on the debited trading account until the FTO is repaid in order to protect itself from the client losing money to the company. The broker reserves the right to temporarily unblock the ability to close active or open new trading orders, at its discretion.

When crediting FTO, the broker undertakes to warn the client about the deadlines for repayment of the loan, in case of violation of which penalties will be imposed (not more than 40% of the amount of the provided FTO) and to warn the client that in case the client refuses to repay the FTO and pay the penalty established by the broker in case of violation of the repayment deadlines, the broker has the right to block the client's account at any time.

 
The broker undertakes to announce the rules of FTO repayment and obligatory warn the client that it is impossible to repay the loan by debiting the trading account, if the amount of the provided FTO has not been credited from the client's payment instrument to his trading account.

To receive an FTO, the client only needs to voice his consent to receive an interest-free loan on his trading account and confirm that he understands the consequences in case of violation of the terms of its repayment within the term set by the broker, as all telephone conversations with the broker's representative are conducted exclusively from corporate phones and are subject to recording.

The FTO cannot be debited from the debited trading account until the client deposits funds from his personal payment instrument to his trading account through the details provided by the broker, of which the broker is obliged to warn the debtor before crediting the FTO to the client's account.

The broker reserves the right to change the terms and conditions of the terms for which the FTO was granted and to impose penalties not exceeding 40% of the FTO amount in case the debtor fails to comply with the rules of using the FTO, which the broker announced before its crediting.

Once the FTO has been credited to the client's account, the transaction is not subject to cancellation.