Client Terms and Conditions


Please read these terms and conditions carefully. By accessing this Website, the Trading Platform, or by entering into any trades, you agree to be bound by the terms and conditions below. If you do not agree to the terms and conditions below, do not access this Website or the Trading Platform.

Ubanker operated by Green Pole in Conjunction with Rehoboth LTD (hereafter “we”, “us”, or “UBanker”)


The Client (hereafter “you” or the “client”)

WHEREAS;uBanker is authorized to carry on the business of dealing in securities by the Vanuatu Ministry of Finance and Economic Management as the holder of Dealers in Securities (Licensing) ACT [CAP.70] since May 19, 2016. uBanker provides investment services through a trading platform including spot and forward foreign currency contracts, foreign currencies swap transactions, and such other transactions as UBanker may from time to time make available. You wish to open an account with us in order to use the said platform and to enter into investment services transactions with us;

1.         DEFINITIONS

Unless the context otherwise requires, the following terms hall have the meaning stated below:

“Account” means a personal account opened by yourself, solely for yourself, and maintained with us which account records the funds held by us on your behalf which funds allow you to utilise the Services including to enter into trades through the Trading Platform;

“Agreement” means this agreement including any annexes attached hereto, if any;

“CFD” or a “Contract for Difference” means a contract to exchange the difference in value of a particular underlying asset between a period starting when the contract is opened and the time at which it is closed;

“Lot” is the standard measurement unit for each financial instrument traded on the Trading Platform;

“Margin” means such amounts as we may at our sole discretion determine which amounts are required in your Account in order to enter into one or more trades using the Trading Platform;

“Services” means the investment services provided to you by us through the Platform as further described in this Agreement in particular in clause 5;

“Trading Platform” means the downloadable or web based software which software shall allow provision of the Services; and

“Website” means the domain


2.1.      Risk Disclosure. You understand that the Services offered by us include trading products which involve substantial risk that is not suitable for everyone. You acknowledge that you fully understand the nature and risks of the Services and related trading products and you accept that under no circumstances will any losses incurred as a result of use of the Services be recoverable from us.

2.2.      Legality. It is your responsibility to verify that you are permitted to use the Services in any jurisdiction in which you are located and you agree that you will not use the Services while you are located in a jurisdiction which prohibits you from using the Services. You agree that you will not enter into a trade or otherwise make use of the Services or the Trading Platform if it would breach or cause us to breach any relevant legislation.

2.3.      Information Services. From time to time we may provide you with access to various information and content via our Website or Trading Platform. Furthermore we may provide you with links to third party websites which may include information. This information is supplied “as is” and is for guidance only. Use of such information is entirely at your own risk. To the fullest extent permitted by law, we make no representations or warranties of any kind, including but not limited to, the accuracy, quality or completeness of the information. We shall not be liable for any action taken by you as a result of your relying on any of this information or for any loss or damage suffered by you as a result of you using such information or any third party website linked to us. No information provided shall be deemed as assurance or guarantee on the results of any trade.

2.4.      No Investment Advice. You hereby acknowledge that the Services do not include the provision of investment advice and/or the provision of personal recommendations in respect of one or more transactions relating to one or more instruments. Any information that may be provided in accordance with clause 2.4 aims merely to assist your investment decision making and does not constitute investment advice. 

2.5.      No Physical Delivery of Underlying Instruments. You hereby acknowledge that entering into trades through the Trading Platform does not result in the physical delivery of currency or of the underlying instrument and that trades are cash adjusted or closed by you taking an offsetting position. For this reason, open trades will always be closed with us and your Account will either be credited or will be debited according to the profit or loss made on the trade.

2.6.      Nature of the Services. Our Services and the Trading Platform does not provide a market amongst or between users of the Trading Platform. Because we are licensed to deal on our own account, each Trade entered into is an individual agreement made between you and us and we are a counterparty to the trade.

3.         ACCOUNT RULES

3.1.      Registration. In order to use our Trading Platform you will require a username and password from us. The username and password will be selected by yourself and allocated to you upon completion of our application form available online. We are entitled, at our sole discretion, to reject your application to register. We are also entitled to close your Account with immediate effect or to suspend, restrict or withdraw your access to the Trading Platform in the event that we have reasonable belief that you are in breach of this Agreement.

3.2.      Reliance on Password. You acknowledge that the password is confidential and that you are responsible for keeping such password secret. We shall rely on all instructions, orders or other communications entered using your password, and you will be bound by any trade, order or expense incurred on your behalf in reliance of any such instructions, orders or other communications. You agree to inform us immediately if you suspect or become aware of the loss, theft or disclosure of your password.  We will not be liable for any loss caused by acting on instructions given using your password.

3.3.      Cancellation, Termination, Suspension and Breach. We may restrict your access to the Services, suspend or terminate your Account, withdraw, close or void any trades in our absolute discretion without cause at any time including (i) if there is a technological failure, (ii) if we suspect that you are engaging in illegal or fraudulent activity; (iii) we suspect that you have (or may have) breached any part of this Agreement or (iv) we suspect you are acting in a manner that is detrimental to the conduct of our business or which may result in legal liability for you, us or third parties.

3.4.      Account Reaches Zero. In the event that the value of your Account reaches zero then all open trades shall be automatically closed by the trading platform.

3.5.      Account is below the Margin. You must maintain a value of your Account that is not less than the Margin. In the event that the value of your Account is less than the Margin all open trades shall be automatically closed by the trading platform.

3.6.      In case of absence of any trading activity for a period of at least three (3) months, the Company reserves the right to apply a fee of USD 100 per month thereafter, charged on a quarterly basis, in order to maintain the account assuming that the Client Account has the available funds. If the Client account is funded by less than 100 US dollars and has been inactive for a period of three (3) months, the Company reserves the right to charge a lower amount to cover administrative expenses and close down the account.


4.1.      No Interest. No interest shall be payable on any funds deposited by yourself with us in your Account.

4.2.      Withdrawal. You have a right to withdraw the funds in your Account:
Provided that any amounts being used to cover Margins may not be withdrawn;
Provided further that withdrawals should be made using the same method used by yourself to fund the Account;
Provided further that a withdrawal request may be refused or delayed in the event that you have failed to provide any documentation that we may require for the purposes of AML/KYC.

4.3.      Minimum Withdrawal Amounts. We reserve the right, from time to time, to set minimum withdrawal amounts at our sole discretion.

4.4.      Withdrawal Fees. You agree that you are responsible for any bank charges or transfer fees when withdrawing or depositing funds.

4.5.      Negative Balance. In the event that you shall not have sufficient funds to cover an Account balance, we reserve the right to terminate this Agreement forthwith and to claim the amount of negative balance as well as all expenses incurred for the recovery of such balance.


5.1.      Services. Without prejudice to any other clause in this Agreement, we will provide you with the Trading Platform which platform shall provide “bid” and “offer” prices in respect of the financial instruments offered by us: Provided that in the case of CFDs the ability to open or close an individual CFD contract shall depend on the trading hours of the relevant regulated market where the underlying instrument is traded.

5.2.      Restrictions. The Services are limited to executing trades at the quoted price. In particular you will be able to use the Trading Platform to open a position, close a position and/or to add, remove or edit orders for stop loss, take profit, buy limited, buy stop, sell limit and sell stop. We may at our sole discretion require you to limit the number of open trades that you hold or to close one or more trades in order to ensure that such limits are observed.

5.3.      Instructions. Instructions by yourself are to given to us through the Trading Platform: Provided that we will, in certain circumstances, in particular where the Trading Platform is unavailable, accept instructions by phone provided that, at our sole discretion, we are satisfied of your identity and of the instructions.

5.4.      Responsibility for Instructions. You are solely responsible for any instructions given to us by yourself and for all errors made in placing orders through the trading platform. You are also responsible for making and maintaining contact with us for the purpose of monitoring your positions and for ensuring that any further instructions are given on a timely basis.

5.5.      Suspension of Services. We reserve the right to suspend temporarily the provision of Services in relation to one or more financial instruments at our sole discretion in the event of critical news releases.

5.6.      Rollover. In the absence of instructions to the contrary received by us prior to 12:00AM (GMT), we will on a daily basis automatically roll over all open positions on your Account to the following business day. You may be charged or receive roll over interest in respect of each rolled over trade which interest will depend on a number of factors including the type of product held, the size of the position and whether the position has been bought or sold. The Trading Platform displays all roll over amounts charged or received.

5.7.      Minimum Volume Lot. The minimum volume of the transaction allowed by the Trading Platform is 0,05 Lot: provided that notwithstanding this clause, we reserve the right to change the Lot or the minimum Lot at any time at our discretion in relation to one or more financial instruments.

5.8.      Leverage. We reserve the right to change your trading account leverage at out discretion, either for a limited time or on a permanent basis. We shall notify you in writing of such change.

5.9.      Spreads. We reserve the right to increase and decrease spreads on financial instruments at our sole discretion depending on market conditions.

5.10.      Payment Support. Clearing support services provided by Rehoboth Ltd from 73 Arch. Makarios III Avenue, CY1070 Nicosia, Cyprus.

5.11.      Complaints. Based on an operational agreement with uBanker, Rehoboth Ltd. will handle complaints where End-Users have deposited money through Rehoboth Ltd. Our customer service is always available for any request, complaint or inquiry you may have at : We have put in place formal procedures for handling complaints fairly and promptly, and each such filed inquiry shall be thoroughly investigated and addressed in a fair manner.


6.1.      Scalping. Scalping is prohibited and in the event that we determine that your trading patterns reasonably appear to rely on scalping, we may revoke the trades without any liability to you and shall correct and/or adjust your Account accordingly. For the purposes of this clause, scalping shall include any method involving the rapid opening and closing of positions.

6.2.      Arbitrage. Arbitrage or otherwise taking advantage of internet or other software or hardware delays or errors whereby the prices on our Trading Platform do not reflect actual market prices is prohibited. In the event that we determine that your trading patterns reasonably appear to rely on arbitrage or other price latency opportunities, we may revoke the trades without further liability to you and shall correct and/or adjust your Account accordingly.

6.3.      Automatic Trading. You shall not use any software for the purposes of automatic trading on the Trading Platform.

7.         WARRANTIES

7.1.      Client Warranties. You hereby warrant that:
7.1.1.        If you are an individual, you are of sound mind, legal age and legal competence;
7.1.2.        If you are a company or corporate body, that you are duly incorporated and validly existing under the laws of the country of your incorporation;
7.1.3.        No person other than yourself has an interest in your Account or in any trades that you enter into using your Account;
7.1.4.        You are aware of the risks involved in utilising the Services;
7.1.5.        All information provided to us is true, accurate and complete;
7.1.6.        You will keep all information provided updated by informing us from time to time of any updates;
7.1.7.        You will use the Services for legitimate purposes only;
7.1.8.        You shall not engage in any activity which has the purpose or effect of causing damage to or in any way hindering our business operations or generating or increasing a liability on us, including without limitation any tax, levy or duty collecting authority;
7.1.9.        You shall not trade or manipulate the Trading Platform in a manner which we believe has the purpose or effect of adversely affecting the integrity of our Services or of the Trading Platform; and
7.1.10.      Without prejudice to the generality of clause 7.1.9, you shall not trade using scalping techniques, arbitrage or automatic trading methods.


8.1.      Copyright. All content, trademarks, trade names, and designs of the Website and the Platform are protected by copyright and are the property of UBanker. Any unauthorised use of any of these rights may result in prosecution or other action being taken against you. Any data licensed to UBanker from third parties is provided for use on our Website or Platform only and may not be used for any commercial purposes without the consent of such third parties.

8.2.      Licence to use our Website and Trading Platform. UBanker grants you a limited licence to access our Website and the Trading Platform for the purposes of accessing the Services provided that you comply with this Agreement.

8.3.      Unlawful Use. The availability of our site does not constitute an offer or invitation by UBanker to use the site in any jurisdiction in which such use is illegal.

8.4.      Limitations. Your use of our Website and Trading Platform or any data feeds we may provide to you confers no rights whatsoever to the content and related intellectual property rights contained on our site or on any such data feeds. You agree not to monitor, use or copy our Website, Trading Platform or any of our web content, including without limitation any price data. You will not attempt to hack, make unauthorised alterations or introduce any kind of malicious code to the Website by any means. You will not (a) reverse engineer or decompile (whether in whole or in part) the Trading Platform or any other software made available through the Website; or (b) make copies, modify, reproduce, transmit, alter or distribute all or any part of the Website or Trading Platform or any material or information contained in them. Any unauthorised use or reproduction may be prosecuted.


9.1.      Privacy Policy. Any information you send to us will be processed in accordance with our Privacy Policy. You hereby acknowledge that you have read and agree to the said policy.

9.2.      Credit Checks. You authorise us, at any time, to use any means that we consider necessary to verify your identity and creditworthiness with any third party providers of information. Upon reasonable request made in writing by you to us, you will be allowed to review any records maintained by us relating to your credit standing.

9.3.      Recording of Communications. We reserve the right to record communications to and from UBanker and you hereby agree that such communications may be used by us as evidence in the event that a dispute arises between the parties.


10.1.   Termination by Notice. Either party may terminate this agreement by providing the other party with written notice: provided that you may not terminate this Agreement if you have open trades or outstanding liabilities with us. Termination shall be without prejudice to any accrued rights or obligations.

11.      DEFAULT 

11.1.   Breach of Agreement. In the event that, in our sole discretion, you are in breach of this Agreement including but not limited to any call for Margin, if there is a change in your creditworthiness, if necessary to prevent a prohibition of any applicable law, regulations or good practice or if you fail to provide any documentation that we may require for the purposes of AML/KYC, then we may without notification to you and in our absolute discretion take such action as may be necessary to protect our position, including but not limited to:
11.1.1.      Closing one or more of your open trades;
11.1.2.      Voiding or cancelling any of your open trades;
11.1.3.      Cancelling any trades, orders or contracts or other commitments made with you;
11.1.4.      Closing or suspending your account; and/or
11.1.5.      Limiting your access to the Trading Platform


12.1.   Indemnity. You agree to indemnify and hold us and our associated companies, affiliates, officers, directors, agents and employees harmless from any liabilities, claims, losses or demands made by any third party arising out of your breach of this Agreement or out of your violation of any law or the rights of any third party.

13.      LIABILITY

13.1.   Liability. We shall act at all times in good faith and shall provide the Services with due diligence but shall only be held liable for any damages or losses that you may incur if such damages or losses occur as a result of our gross negligence or deliberate omission on our part.

13.2.   No Liability for Indirect Damages. Under no circumstances will we be liable for any indirect, special or consequential damages, loss of profits (direct or indirect) arising from breach of contract, negligence, equitable duty (including for the avoidance of doubt in relation to any trade(s) voided by us) or other liability resulting from the use of the Services or the Platform even if we had been advised of or known (or should have known) of the possibility of such damages or loss.

13.3.   Exclusions. We exclude all representations and warranties as to the satisfactory quality and/or fitness for its intended purpose and/or accuracy and completeness of the Services.

13.4.   Loss due to Misuse. We will not be liable to you for any loss that you may incur as a result of misuse of your password and we accept no liability resulting from its unauthorised use, whether fraudulent or otherwise.

13.5.   Errors. You will inform us as soon as you become aware of any errors in calculations with respect to any trade or quote on the Trading Platform. We reserve the right to declare null and void any trades which are the subject of such an error. For the purposes of this clause, trade or quote errors shall include, but are not limited to: a quote mistype, a quote or trade that is not representative of fair market prices, or otherwise an erroneous price quote as a result of failure of hardware, software or inaccurate data feeds provided by third parties.

13.6.   Currency Losses and Fluctuations. In the event of any loss incurred by yourself resulting from a fluctuation in the exchange rate affecting a currency, we shall not be held liable for such loss. In addition, we shall not be liable for any losses or expenses incurred as a result of currency conversion if you authorise us to convert funds in your account into and from a foreign currency at a rate of exchange determined by us.

13.7.   Other Losses or Expenses. If we incur any claims, damages, liability, costs or expenses in relation to the Services in fulfilment of your instructions it is understood that we bear no responsibility whatsoever and that it is your responsibility to indemnify us for any such any claims, damages, liability, costs or expenses incurred.

14.      SET-OFF

14.1.   Right of set off. We may at any time, without notice to you, set off any liability owed to us by you with any funds held in an Account in your name or which we believe to be under your control.

15.      DISPUTES

15.1.   Disputes. UBanker will attempt to resolve any disputes or complaints that you may have in regard to the Services. If you wish to raise a dispute or complaint with us, then please e-mail our Compliance Officer at . The Compliance Officer will attempt to respond to all e-mails as soon as possible and will investigate and try to resolve your complaint. If you are an existing Account holder please include your username in all correspondence.


16.1.   Acts beyond our Control. We are not liable for any loss or damage that you may suffer because of any: act of God; power cut; trade or labour dispute, act, failure or omission of any government or authority; obstruction or failure of telecommunication services; or any other delay or failure caused by a third party or otherwise outside of our control. In such an event, we reserve the right to cancel or suspend our services without incurring any liability.

16.2.   Failure of Equipment. We are not liable for the failure of any equipment or software howsoever caused, wherever located or administered, or whether under our direct control or not, that may prevent the operation of the Services, impede the placing, amending or cancellation of trades or that prevent you from being able to contact us or use the Trading Platform. You acknowledge that there may be delays in processing an order or instruction to amend or cancel a trade and that you remain liable for the original Trade until any relevant amendment or cancellation is received and processed.


17.1.   Notices. Communications and notices to be given by you to us under this Agreement (other than those exchanges of information occurring in the normal operation of the Website or Trading Platform) should be provided to us as set out in the Contact us section on the Website. All communications sent by us by email shall be deemed to be transmitted at the time indicated on any email and will be deemed to be delivered to you personally whether actually received by you or not.

17.2.   Assignment and Sub-Contracting. You may not, without our prior written consent, assign or transfer in any manner this Agreement or any rights under this Agreement. We may assign or transfer this Agreement, in whole or in part, by operation of law or otherwise, without obtaining your prior consent.

17.3.   Severability. Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect, such provision will be ineffective only to the extent of such invalidity, or unenforceability, without invalidating the remainder of this Agreement.

17.4.   Language. This Agreement may be translated in various languages other than English for reference only. In the event of any differences between the English version of this Agreement and any non-English versions, the English version shall prevail.

17.5.   Entire Agreement. This Agreement and the terms expressly incorporated into them constitute the entire and only agreement between the parties with regards to its subject matter and each party confirms that it has not been induced to accept this Agreement in reliance upon, nor has it been given, any warranty (including in particular any warranty as to merchantability, fitness for purpose or uninterrupted functionality), representation, statement, assurance, covenant, agreement, undertaking, indemnity or commitment of any nature whatsoever other than as are expressly set out in this Agreement and, to the extent that it has been, it unconditionally and irrevocably waives any claims, rights or remedies which it might otherwise have had in relation thereto.

17.6.   Waiver. No waiver will be implied from our conduct or from our failure to enforce any rights. Any waiver by us must be in writing to be effective.

17.7.   Amendments. We reserve the right to make changes to the Platform, to the Website and to all guides and policies included on the Trading Platform or the Website, including this Agreement at any time. You will be subject to the guides, policies, conditions and agreements in force at the time that you access the Trading Platform, place an order and/or enter into a trade. It is therefore your responsibility to check the guides, policies and this Agreement from time to time to ensure that you agree with them, and your continued use of the Services will be deemed to be your acceptance of any changes we may make.

17.8.   Governing Law and Jurisdictions. This Agreement shall be governed and construed in accordance with the laws of Vanuatu and any action or dispute related to this Agreement must be brought in Vanuatu. You hereby irrevocably consent to the jurisdiction of Vanuatu law courts.

Micro Deposit Promotion Terms and Conditions


1. The present Terms and Conditions (hereby referred to as “the Terms”) govern all actions in respect of the Micro Deposit Promotional Offer (hereby referred to as “MiD”), whereby eligible clients of U-Banker (hereby referred to as “the Company”) will be able to trade by depositing an amount of USD 5 or more and will be rewarded with an initial trading credit when trading FX, CFDs and commodities on these accounts, subject to these Terms.

2. In order to participate in the present MiD, you must agree to the present Terms. By accepting the MiD benefits, you unconditionally acknowledge that you have read, understood and intend to be legally bound by these Terms.

3. The Company reserves the right to amend, withdraw or restrict any of the present Terms or the whole of the MiD at any time without notice.

4. We recommend that you revisit the present Terms regularly and, by your continued use of the uBanker website and services you accept any such modified Terms.

Conditions of Eligibility

5. This MiD is valid from 01.02.2017

6. The MiD is available to clients who:
 a. register with the Company to the Promotion account, which has restricted leverage limit of up to 1:25 and limit of 11 symbols, and the period of trading is limited to up to 14 (fourteen) days from the date of opening the initial position (“the Promo Account”);
7. Fraudulent, multiple or incorrectly completed applications will not be accepted.

The MiD

8. Client should register the Promo Account with the Company;

The MiD will be as follows:



9. Withdrawal of the bonus funds is contingent upon generating a volume as per paragraph 8 above.

All other withdrawal requests concerning the bonus will be declined.

10. In the following events the bonus will be removed from the client’s account:

a) The client has no remaining margin available in his/her account.

b) The client’s account has been closed by the compliance department due to a material breach of the Company’s Terms and conditions.

11. The Company keeps the right, in case a client withdraws prior to completion of the trading bonus volume, to remove or adjust the allocated trading bonus.

General Conditions

12. In the event that a client is not coming in good faith and the main activity of the trading account is not for trading but rather for hunting the bonus, the Company, reserves the right to reverse the trading transactions and close the trading account of the client after having notified him.

13. If a client’s account reaches a negative balance and has no open positions, the Company will withdraw the bonus and adjust the client’s trading account to zero (0).

14. If a client has a negative balance and any open positions and wishes to deposit, he/she undertakes to cover all negative balances when depositing. If the client does not wish to cover the negative balance, he/she must close all open positions and inform the Company, by contacting the Company’s Support, in order for the Company to adjust the balance of the trading account to zero.
FTD First Five (5) Protected Positions Terms and Conditions

  1. The present Terms and Conditions (hereby referred to as “the Terms”) govern all actions in respect of the First Five (5) Protected Positions Promotional Offer (hereinafter: “FTD5 Promotional Offer”). By accepting the FTD5 Promotional Offer you unconditionally acknowledge that you have read, understood and intend to be legally bound by these Terms found on our website
  2. This FTD5 Promotional Offer is valid for one month. UBanker Reserves the right, at its sole discretion, to extend the promotion period or end the promotion at any time:
  3. The FTD5 Promotional Offer is available to clients who:
  • are opening a new account with UBanker, without having an existing account.
  • deposit USD 200.00 (Euro two hundred) or more.
  • Does not use Expert Advisor (EA).
  • Fraudulent, multiple or incorrectly completed applications will not be accepted.

     4. The FTD5 Promotional Offer includes the following:

  • Only the first five (5) positions, with leverage of up to 1:20, will be protected.
  • The minimum position value is 4,000 base currency units and the maximum position value is 10,000 (ten thousand) base currency units, or equivalent to an exposure of up to US$10,000 (US Dollar ten thousand) in case of Commodities or CFDs. In the event of an exposure larger than the one stated above, UBanker reserves the right to revise the position amount.
  • The protected positions should be automatically closed within 48 to 72 hours of the opening date. In the event of failing to do so, the relevant position(s) will not be protected any longer.
  • Any funds lost from the first five (5) trades will be credited back to the account.
  • Any funds gained from the first five (5) trades belong to the client.