dealCancellation - Terms and Conditions

You are about to purchase a dealCancellation for the fee and expiration selected.

By enabling this feature, you agree to the following terms and conditions which are applicable upon clicking the SELL or BUY button.

1. The fee paid for the dealCancellation feature is non-refundable.
2. The amount to risk cannot be more than the available free balance.
3. If there is not enough available free balance to cover the cost of the dealCancellation fee at the time of deal opening, any outstanding fees will be deducted from your credit/debit card which is attached to your trading account.
4. The fee paid only covers the duration specified when the deal was opened and cannot be extended.
5. The fee calculation is based on the realised volatility of the selected product.
6. dealCancellation cover cannot be renewed and/or amended once it is expired or exercised.
7. You must choose one of the following trade time (hereinafter referred to as "expiry time"):
   1. 1 hour
   2. 3 hours
   3. 6 hours
8. The dealCancellation choices may vary based on instrument selected.
9. The above mentioned three different expiry times will vary on their charges.
10. A deal covered with dealCancellation can be cancelled at any time before the expiration time which is stated on the ticket.
11. A deal will end at one of the following events, except if any unauthorized activity is observed:
    1. Termination "closing deal" initiated by you;
    2. It is the deal's expiry time.
    3. Stop loss
12. A deal will be cancelled if closed for any reason, at a negative P&L while it is covered by dealCancellation feature. This includes if the deal is closed by a Stop Loss.
13. If a deal is charged a rolling fee, this fee will not be refunded if the deal is cancelled with dealCancellation.
14. dealCancellation can only be used from the easyMarkets trading platform.
15. dealCancellation can only be purchased at the time the deal is opened.
16. dealCancellation cover cannot be transferred to other deals and/or to other accounts.
17. When a deal is cancelled via dealCancellation, the deal will be closed at 0 (zero) loss and 100% of the margin to risk held for the deal will be returned to the account balance.
18. Once dealCancellation expires, the day trading order is subject to the CFD Margin Level % rule and may get stopped out due to low CFD Margin level.
19. Due to exchange rate fluctuation, the margin to risk, once converted back to the trading account’s base currency, may be different when the deal is cancelled or closed.
20. dealCancellation is available for demo trading.
21. easyMarkets retains the right to disable the feature at its discretion at any time without prior notice.
22. easyMarkets retains the right to amend these terms and conditions at any time.