CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Power of revocation

1.    Right of cancellation

You may cancel your contract in written form (e.g. letter, fax, email) within fourteen days after the conclusion of contract without providing a reason (in accordance with 246b § 2,1 and 246b § 1,1 EGBGB).

To ensure your right of withdrawal you must send your revocation request within these fourteen days in written form (e.g. letter, fax, email).

The revocation request must be addressed to:

FXFlat Bank GmbH
Kokkolastr. 1
40882 Ratingen

Telefax: +49 (0) 2102-100494-90

E-Mail:   [email protected]

 

2. Consequences of Revocation

Consequences of revocation: In the event of an effective revocation, the consideration received by both parties shall be restituted and any benefits received (e.g. interest) shall be returned.

You are only required to provide a replacement of the value that has been provided to you up to the point in time of your revocation if this legal statement was pointed out to you before the filing of the actual contractual statement and if this legal statement was accepted by you.

If you are then required to provide replacement, you will have to come up with the value of replacement up to the time of your revocation.

Your right of cancellation expires prematurely if the agreement, at your express request, has been executed in full by both parties prior to your exercising your right of cancellation.

The obligation for the compensation of payments must be fulfilled within 30 days. this time period begins for you with the posting of your right of cancellation, for us with the reception of it.

 

End of Disclaimer

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