Terms & Conditions

Privacy Policy

Our Commitment to Your Privacy:  Ambassador Capital Management, LLC, doing business as Forest Park FX (“Forest Park”) has a long standing policy of protecting the confidentiality and security of information we collect about our customers.  We will not share nonpublic information about you ("Information") with third parties outside of our network of future and foreign exchange counterparties and dealers (together, “Counterparties”) without your consent, except for the specific purposes described below.  This notice describes the Information we may gather and the circumstances under which we may share it.

Why We Collect and How We Use Information:  We limit the collection and use of Information to the minimum we require to deliver superior service to you. 

How We Gather Information:  We get most Information directly from you, when you apply for, access and use services offered by us or our Counterparties -- whether in person, by telephone or electronically.  We may verify this information or get additional information from consumer reporting agencies or public sources.  This Information may relate to your finances, employment, avocations or other personal characteristics, as well as transactions and interactions with or through our Counterparties, us or others. 

How We Protect Information:  Our employees are required to protect the confidentiality of Information and to comply with our established policies. They may access Information only when there is an appropriate reason to do so, such as to administer our products or services. We also maintain physical, electronic and procedural safeguards to protect Information which comply with all applicable laws.  Employees who violate our Privacy Policy are subject to disciplinary process.

Disclosure of Information:  We may disclose any Information to or as directed by our Counterparties or when we believe it necessary for the conduct of our business, or where disclosure is required by law.  For example, Information may be disclosed for audit or research purposes, to attorneys or other professionals, or to law enforcement and regulatory agencies, for example, to help us prevent fraud.  In addition, we may disclose Information to third party service providers (i) to enable them to provide business services for us or our Counterparties, such as performing computer related or data maintenance or processing services for us or our Counterparties, (ii) to facilitate the processing of transactions requested by you, (iii), to assist us in offering products and services to you or (iv) for credit review and reporting purposes.  Except in those specific, limited situations, without your consent, we will not make any disclosures of Information to other companies who may want to sell their products or services to you.  For example, we do not sell customer lists and we will not sell your name to a catalogue company.  It is Forest Park’s policy to require all third parties other than our Counterparties, which are to receive any Information to sign strict confidentiality agreements.

To Whom This Policy Applies:  This Privacy Policy applies to current and former clients of Forest Park.

Access to and Correction of Information:  If you desire to review any file we may maintain of your personal Information, please contact us.  If you notify us that any Information is incorrect, we will review it.  If we agree, we will correct our records.  If we do not agree, you may submit a short statement of dispute, which we will include in future disclosures of the disputed Information.  Information collected in connection with, or in anticipation of, any claim or legal proceeding will not be made available. 

Rebate Policy

Forest Park has reached referral agreements with the Counterparties on this website to introduce clients to open accounts and trade foreign exchange, futures, binary options and other products.  As compensation for introducing clients to them, these Counterparties compensate Forest Park in the form of a commission.  Upon successful approval of your account with Forest Park and the Counterparty(ies) of the your choosing, you will begin accruing rebates (the “Rebate”) at the rate(s) posted on this website or any other such rate which is agreed upon in writing by Forest Park and you (the “Rebate Rate”).  Rebates may not apply to accounts which do not originate through our website.

The Rebate Rate associated with a particular Counterparty or your account is subject to change without notice and such new rate shall be effective immediately.  Forest Park endeavors to inform affected you of changes in the Rebate Rate as soon as practicable, but failure to do show shall not preclude Forest Park from adjusting the Rebates paid to you.  Additionally, in the event a Counterparty fails to pay Forest Park a commission, Forest Park reserves the right to withhold payment of the associated Rebates until such time as Forest Park receives the commission from the Counterparty. 

The rebates as calculated by our Rebate Calculator is only an estimate and may not accurately reflect the actual amount of rebates owed.  If you have any questions about how your rebates were calculated, please to contact us.

You agree to indemnify and hold Forest Park harmless from any claims, damages, expenses and losses (including reasonable attorneys’ fees) incurred by Forest Park arising from or in connection with regard to the Rebates, unless such claims, damages, expenses and/or losses were caused by and the result of Forest Park’s fraud or gross negligence. 

Risk Disclosure

Before deciding to trade in the futures, foreign exchange, binary options or other markets (the “Markets”), you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.

There is considerable exposure to risk in any Market transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.

Moreover, the leveraged nature of some of these Markets means that any market movement will have an equally proportional effect on the funds in your account. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.

You understand and acknowledge that electronic trading is inherently subject to risks and uncertainties beyond Forest Park’s control that may lead to trading losses on your part.  The risks include, but are not limited to, temporary or permanent breakdown or loss of telecommunications connections, delayed, inaccurate or incomplete market data, sabotage, hacker attacks, malfunction of hardware and equipment not located on Forest Park’s premises or under its control, and operating systems and application software not owned by Forest Park.  You understand and acknowledge that trading systems and platforms are provided “as is” and that Forest Park is not liable if connectivity or execution service is unavailable for any reason and will not be liable for any losses, including, but not limited to, loss of business, as a result of any system failures or delays in the transmission of messages related to orders or executions.  You shall indemnify and hold Forest Park harmless from any claims, damages, expenses and losses (including reasonable attorneys’ fees) incurred by Forest Park arising from or in connection with your use of electronic trading, unless such claims, damages, expenses and/or losses were caused by and the result of Forest Park’s fraud or gross negligence. 

Business Continuity Plan

Our plan anticipates two kinds of Significant Business Disruptions (“SBDs”): internal and external.  Internal SBDs affect only our firm’s ability to communicate and do business, such as a fire in our building, power outage, or hurricane.  External SBD prevent the operation of the financial markets or a number of firms, such as a terrorist attack, a city flood, or a wide-scale, regional disruption.  Our response to an external SBD relies more heavily on other organizations and systems, especially on the capabilities of the Futures Commission Merchants (“FCM”s) and Retail Foreign Exchange Dealers (“RFED”s) to which we have introduced our customers.

Our firm is an introducing firm and does not hold customer funds or execute customer transactions. The FCMs and RFEDs to which our customers are introduced maintain their accounts, can grant customers access to them, deliver funds and execute transactions.

If these FCMs or RFEDs experience an SBD, we will operate as usual and work with their crisis management teams to reestablish essential business operations and follow their business continuity plans.

Our introduced FCMs and RFEDs back up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised that their objectives are to restore their own operations and be able to complete existing transactions and accept new transactions and payments within the same business day.  Your orders and requests for funds could be delayed during this period. 

Our firm has local back-up procedures in place to ensure that we will be able to continue operations if our main office is unavailable. All phone calls will be forwarded to any back-up location from which we are operating.

In the event of a disruption in our business district or a region-wide business disruption which renders our firm unreachable, please contact the following individuals at the FCM or RFED to which you were introduced:

 

Firm Name

Contact

Phone Number

Forex.com

Ludmila Schwartzburd

908.212.3991

FXCM

Jacqueline Johnson

415.343.4863

TradeStation

Scott Merkelson

954.652.7426

Oanda

Jared Boyd

646.589.0355

This plan is subject to modification

Forest Park reserves the right to change its Terms & Conditions.

By checking this box, you have acknowledged that you have read, understand and agree with Forest Park’s Terms & Conditions.

Ambassador Capital Management, LLC, doing business as Forest Park FX, is an NFA registered Introducing Broker (NFA ID# 0457189).  BASIC Information can be found here

Risk Disclaimer

Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.  There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.  Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.  Ambassador Capital Management, LLC (d/b/a Forest Park FX) is registered with the Commodity Futures Trading Commission as an Independent Introducing Broker and is a member of the National Futures Association (ID# 0457189).