Privacy Terms
Our relationship with interactive investor
Our main business is to provide access to funds, shares and other financial products combined with integrated trading platforms and solutions. Accessing our products and services carries a high level of risk and can result in losses as well as gains. We have diversified our products and services to accommodate all categories of people, to help you build and invest for long term or short term.
Our service is execution-only, which means we will not provide you with investment advice, we will assess the suitability of any of our investments portfolio while you make your decision on which path to take. All investment decisions are your own. You should not trade with us unless you are comfortable making your own investment decisions and you understand the nature of the products and services we provide.
You should also be satisfied that the products and services suit your circumstances and financial position. We set out a description of investments and an explanation of the risks associated with the types of products offered by us in the Investments and Risk Warnings Summary available on our Website. You should ensure you understand these risks before entering into these Terms. If you are not experienced
in the types of transactions described in these Terms, or if you are unsure about any of the Terms, you should seek advice from an authorized investment adviser.
Please read these Terms carefully. Once we have accepted your completed application and this has been confirmed by us, you have an agreement with us as set out in the Contract. In all cases we will confirm our agreement with you in writing, which may be after you have started trading with us.
These Terms shall apply to all execution-only stockbroking services (the “Stockbroking Services”) and any supplemental services (together, the “Services”) which we provide to you. These are our standard terms and conditions on which we intend to rely. For your own benefit and protection, you should read these Terms carefully.
You should read carefully to see the ways in which we may amend these Terms.
Don’t know what something means?
These Terms use a number of special words with a particular meaning. You will find a Glossary at the end of these Terms to help you understand what these words mean.
If you do not understand any point, you can contact us for further information using the contact details in the website.
Table of Services
The table of Services below sets out which terms will apply to you. The sections which apply to you will depend on which Services you receive from us.
1. Our client categorization
1.1 We will categorize you as a retail client as required by the Financial Conduct Authority (FCA) and IRS Rules.
1.2 We may also categorize you as a retail client even if you would otherwise be an eligible counterparty or professional client (as defined in the FCA and IRS Rules). If you are such a customer, then you may not have rights under the Financial Ombudsman Service or the Financial Services Compensation Scheme.
1.3 If you are acting as agent for someone else, we will treat you alone as our customer for the purposes of the FCA Rules and you will be liable to us in respect of all transactions conducted by you in such capacity.
2. Stockbroking Services
2.1 We will carry out each transaction for you, as your agent.
2.2 We have sole discretion as to which financial instruments are available to trade on our platform
from time to time.
2.3 We have set out a general description of the nature and risks associated with the products and
services we offer in the Investments and Risk Warnings Summary available on our Website. We
shall not be responsible for monitoring your Account, or the suitability of any investment on an
ongoing basis. As a result, you will check your dashboard every Saturday for your profits.
2.4 If, on your own initiative, you have asked us to provide to you Stockbroking Services in Non Complex Products, we are not required to assess whether the instrument or the service provided
or offered to you is appropriate for you and you do not benefit from the protection of the rules
on assessing appropriateness. Accordingly, when giving orders or instructions to us, you must
rely upon your own judgment. You should get independent advice from an authorized investment
adviser if you are in any doubt. But if you invest with us and we have your money in our platform, you have the protection against any type of loss or risk.
2.5 If we are providing Stockbroking Services to you in relation to Complex Products, we are required
to assess whether it is appropriate for you to deal in a Complex Product by requesting from you
certain information, relating to your experience and knowledge of trading such products, that will
help us assess whether you understand the risks associated with dealing in them. You should get
independent advice from an authorized investment adviser if you are in any doubt. And if you invest with us, you have to confidently rely on your profits which we update every Saturday
2.6 Typically, we will ask you for this information during the account-opening procedure. We may
need to ask you for additional information in the future, for example if you decide to deal in a new
product type or sector.
2.7 If you are in defined benefit plan or contributions, your withdrawals are fixed regarding when your goals are achieved, their will not be any growth unless you switch to trading account, personal or private account to maximize your cashflow.