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I/We, the undersigned, hereby authorize Rakuten Securities HK to open new account per the instructions. I/We acknowledge the Rakuten Securities HK Client Agreement is a legally binding agreement. I/We have carefully read and understand a recent version of the Rakuten Securities HK Client Agreement, and I/we agree to be bound by every term and condition. I/We am/are selecting the new Account Service different to my/our existing account(s) other than my existing account, if indicated; I/we am/are agreeing to the terms and condition for this new Account Service as specified in the Rakuten Securities HK Client Agreement.
I/We am/are indicating as part of this form and process the funding instructions, if indicated, transferring account funds from my/our existing account with Rakuten Securities HK to the new account in my/our name(s) in accordance with Rakuten Securities HK’s compliance and administrative procedures. I/we understand available margin must exist in order for funds to be transferred, as removal of funds may result in a margin call. I/we shall hold Rakuten Securities HK harmless of any and all claims regarding such funds transfer upon proper credit to the above named Rakuten Securities HK account.
I/We hereby represent that the information provided by me is true and correct. I/we authorize Rakuten Securities HK to update my/our Information in Rakuten Securities HK’s record, if any new information is provided in this form.
The exchange rate for USD against HKD and HKD against USD used in calculating the amount to be withdrawn are USD1.00=HKD7.75 and HKD7.85=USD1.00 respectively, subject to changes in accordance with market conditions and without prior notice to client.
I/we understand that combined account statement (daily and monthly) are available on Rakuten Securities HK trading platforms. I will not receive any copies of the combined account statement via email for Rakuten FX account unless a written instruction is provided to Rakuten Securities HK.
The risk of loss in leveraged foreign exchange trading can be substantial. You may sustain losses in excess of your initial margin funds. Placing contingent orders, such as “stop-loss” or “stop-limit” orders, will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders. You may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You will remain liable for any resulting deficit in your account. You should therefore carefully consider whether such trading is suitable in light of your own financial position and investment objectives. Please read full risk warning.
Please carefully review the latest “Client Agreement for Foreign Exchange Trading”.
- The risk associated with the underlying market.
- The risk of Leveraged Foreign exchange trading and margin trading.
- The fact that the product is being sold Over-The-Counter (OTC) and its implications.
- The risk that Order Price may be different from the execution price, or slippage.