1.1 ForexCEC provides Contracts for Differences (CFDs) and Spot FX products to its clients covering a wide variety of financial markets and instruments. Every market quoted by ForexCEC is derived directly from an underlying financial instrument sourced from an exchange or from a wholesale quoting counterparty (i.e. FX quoting banks). ForexCEC determines which markets to quote, the times at which those markets are quoted; ForexCEC publishes via its trading platforms those quotes at a tight spread or with a mark-up on which clients may be able to trade.

5.2 This trading does not occur on an exchange. Rather the trading occurs off-exchange or over-the-counter ("OTC"). As a result, ForexCEC enters directly into a contract with you in respect of the financial instrument you wish to trade.

7.9 An order will be executed when the ForexCEC Quote reaches the price specified in your order or trades through the price specified. All Quotes are based upon an Underlying Market that is sourced from either a recognised global exchange (LSE, NYSE, LIFFE etc) or from a wholesale counterparty (a quoting bank or market maker).

4.12 ForexCEC does not allow scalping where the trading style is abusing our Automated Services for short term gain by sniping and hunting for on old price or wrong quotes or trading during illiquid market or trading during fundamental releases/news releases where the price on ForexCEC Market watch could be delayed due inevitable latency issue or trade using expert advisors or other robots for abusive purposes. Customers are urged to trade ethically and not to try to take advantage of our competitive services. Customers will solely be held liable and will indemnify ForexCEC from any damages or losses that may result from cancelling such trades. Clients are not permitted to Scalp or snipe.