This document forms part of the agreement between you and Deriv and should be read in conjunction with our General Terms of Use for clients (the "General Terms"). Any defined terms used in these additional terms shall have the meaning given to them in the General Terms.
1. Introduction
1.1. These additional terms apply to all clients who have an account with Deriv Investment Bank (Labuan) Ltd. (formerly known as Deriv (FX) Ltd., Company No. LL13394, Labuan Investment Bank Licence No. 260160BI).
1.2. If there are any inconsistencies or deviations between these additional terms and/or any other documents forming part of the Agreement, these additional terms shall prevail in respect of your account with Deriv Investment Bank (Labuan) Ltd. (formerly known as Deriv (FX) Ltd.)
1.3. Deriv Investment Bank (Labuan) Ltd. (formerly known as Deriv (FX) Ltd.) is licensed under the Labuan Financial Services and Securities Act 2010 to carry on Labuan investment banking business from or through the Federal Territory of Labuan, Malaysia, and is licensed and regulated by the Labuan Financial Services Authority.
2. Order execution
2.1. Pursuant to our licensing condition, we act as agent on your behalf when we execute your orders, and we are not the counterparty to your trades.
2.2. When an order is placed to buy or sell an instrument on your Deriv MT5 account, your order is passed through to a liquidity provider that provides services to us. We do not undertake any position taking on your trades.
2.3. We are required to conduct due diligence on all liquidity providers and to ensure that the venues we use are regulated by a recognised supervisory or regulatory authority.
3. Additional information
3.1. For additional information that applies specifically to your account with Deriv Investment Bank (Labuan) Ltd. (formerly known as Deriv (FX) Ltd.), please visit this landing page (the "Landing Page"). The Landing Page may be made available to you during registration or through the Platform. The content on the Landing Page is provided for information only and does not amend the Agreement unless expressly stated otherwise.
