Privacy Policy
Our Commitment to Your Privacy: Forest Park FX 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.
Forest Park reserves the right to change its Terms & Conditions.
