What TradeFxP legally published, but does not want you to read

Buried at section 47 of 49 in the AML Policy, 96% of the way through.We counted the numbered sections in the AML Policy. This clause sits in section 47 of 49, about 96% of the way through. A fee written on the first page and the same fee written near the end are not the same disclosure.

What it costsThe same clause worked out on a round number, so you can see it in money or in days. It is an example, not a quotation.The deposit page names six excluded countries. The AML policy names 37. That leaves 31 countries told two different things by one company.

Our readingOur own comment on the clause, not the broker's words. Anything we quote is marked as a quotation.Brokers normally keep one restricted country list. TradeFxP serves two conflicting lists at once, so which one applies to you depends on which page you opened.

• Worse together with Exhibit 4Read these two clauses together. Each one costs more because the other exists.You cannot resolve which list binds you, because the pages carrying the two lists also name two different companies.

Our readingOur own comment on the clause, not the broker's words. Anything we quote is marked as a quotation.Deemed acceptance of published terms is ordinary. Deemed acceptance of terms the broker never publishes leaves you bound to a document nobody outside the firm can establish.

• Worse together with Exhibit 5Read these two clauses together. Each one costs more because the other exists.There is no terms page to read, and the 18 contracts that might stand in for one each demand your personal details first.

Buried at section 44 of 49 in the AML Policy, 90% of the way through.We counted the numbered sections in the AML Policy. This clause sits in section 44 of 49, about 90% of the way through. A fee written on the first page and the same fee written near the end are not the same disclosure.

• Worse together with Exhibit 5Read these two clauses together. Each one costs more because the other exists.The deposit and withdrawal agreement that would set the timings and fees for this payout is one of the contracts you cannot open.

Where it sits: section 8 of 79 in the Privacy Policy, near the start.We counted the numbered sections in the Privacy Policy. This clause sits in section 8 of 79, about 10% of the way through. A fee written on the first page and the same fee written near the end are not the same disclosure.

Our readingOur own comment on the clause, not the broker's words. Anything we quote is marked as a quotation.Multi entity brokers normally tell you which entity takes your account. Here three registered identities sit on one live site at once, and no document reconciles them.

• Worse together with Exhibit 7Read these two clauses together. Each one costs more because the other exists.No named counterparty and no named complaints body together leave you with no identified place to take a dispute.

Where it sits: section 2 of 21 in the Agreements, near the start.We counted the numbered sections in the Agreements. This clause sits in section 2 of 21, about 10% of the way through. A fee written on the first page and the same fee written near the end are not the same disclosure.

What it costsThe same clause worked out on a round number, so you can see it in money or in days. It is an example, not a quotation.18 contracts are listed on the page. You can open none of them without giving TradeFxP your name, email and phone number.