Common use of Authorization of orders Clause in Contracts

Authorization of orders. 3.1. The authorization of Customer orders and the payments of Customer credit balances to the Reference Account is carried out after logging in via the Application or other ways of communication by means of Customer authentication. For Customer authentication, two factors are required in accordance with the current authentication procedures published by Trade Republic on the Trade Republic Website and visible in the Application. 3.2. To authorize a Customer order, the Customer must first select a financial instrument to buy or sell in the Application. The Customer can view the process of placing binding orders and the options for cancelling orders in the Application and on the Trade Republic Website. 3.3. Trade Republic reserves the right, within reason, to determine other authentication procedures for the authorization of Customer orders and the payment of Customer balances in favor of the Reference Account at any time. The Customer shall be informed about this via a message in the Mailbox (Timeline).