Does anyone know what happens if you don't agree to the new terms in the rules tomorrow?
-
I know we have to accept the new terms but I was wondering what would happen? Anyone know?
-
I would imagine they or you will need to close your account
-
@Karl I would think they would close your account and return net deposits to you but not any profit made.
-
It may be a kind loophole for anyone with a port at a loss.. Bit like the current trading abroad loophole.
-
What is the trading abroad loophole?
-
I've sent an email to ask.
We've not even seen what we're expected to sign up to and it goes live at 10am.
I'm sure it will all be OB related, but it's nice to digest what you're signing up for.
-
@Westy once you get the deposit money back then do they close your account? be handy to start afresh
-
@Dronny-Gaz
I am on livechat now.
All they will say is 'they will be published shortly'. I am pressing for a timeline.
-
@NewUser531742 said in Does anyone know what happens if you don't agree to the new terms in the rules tomorrow?:
What is the trading abroad loophole?
on the current Ts n Cs it stated if found trading outside of their licensed regions, account would be closed and just deposits returned.
-
@chippy said in Does anyone know what happens if you don't agree to the new terms in the rules tomorrow?:
@Westy once you get the deposit money back then do they close your account? be handy to start afresh
I imagine they keep your details though and prevent you rejoining
-
no timeline, we just have to wait
-
@Westy will be great to flog off some deadwood anyway bought from when i was learning
-
As a lawyer, I strongly urge everyone to read and digest the Ts and Cs before clicking accept.
-
@Hotspur this is what I am doing. Frustrating as I really want to get trading but I need to see all the terms and cons. If I see something dodgy I will chuck it on here.
-
This is what happens
https://trade.footballindex.co.uk/game-rules/
Link I was forwarded. Last updated 7/4/20.
-
-
@Hotspur if your a lawyer dont expect any free advice from you then.LOL
-
@Dronny-Gaz are these the new ones? Seems theyre a bit more clued up to losing accounts finding loopholes which is good!
-
@Westy
This was the response and link I received, however the link to the game rules was last updated Apr 2020.
States the date at the end of the rules.
-
Basically no point then... As at least if you list all your shares yourself you have visibility. Letting them do it over 12 months could lead to some terrible decisions.
