Common use of Glossary Clause in Contracts

Glossary. Advisor – Trading account's control algorithm in the form of a program in specialized language “MetaQuotes Language“, which sends requests and orders to the server using Client's Terminal. Amount to copy – a parameter of Copy settings which defines in monetary terms the maximum amount of equity that may be used for opening trades in the Copy Trader's account. Arbitrage transaction – an operation which consists in buying assets on one market and at the same time selling its counterpart on another market. It locks the difference in the value of these assets on different markets. It’s evident that the portfolio value remains roughly the same regardless of the further market movements, as the counter transactions cover each other. Next, as soon as the change in the price difference turns in Client’s favor, the counter arbitrage transaction is conducted in order to fix the profit. A transaction consisting only in buying (selling) financial assets on one market without selling (buying) them on another market can also be regarded as an arbitrage transaction, provided that there is a considerable price gap between the quotes of these interconnected markets at the moment of opening or closing the transaction. Ask – higher price of a quote; price at which the Client buys. Assets, total – Equity in the Main trading account shown in the Client’s Profile. Available for operations – Free margin in the Main Trading account. Balance – total result of all completed financial transactions and withdrawal/deposit operations. Base currency – currency of the account, in which all balances, commission fees and charges are denominated for both Client’s Terminal and Client’s Profile. Bid – lower price of a quote; price at which the Client sells. Client – individual or juridical entity, registered in the Client's Profile, conducting conversion arbitrage operations with the Company at the quotes provided by the Company. Client's log file – a file created in the Client's terminal which instantly records all requests and orders sent by the Client. Client's Profile – secure area at the Company’s official site designed to provide access to all main account operations and interaction between the Client and the Company in accordance with inbuilt software algorithm. Client's terminal – software version of MetaTrader x.xxx, with the help of which the Client can obtain online information about financial markets (to the extent determined by the Company), carry out technical analysis of markets, conduct trading operations, place, modify, delete orders and receive messages from the Company. Commission – a profit share expressed in monetary terms and transferred from the Copy Trader’s account to the Trader's account once every 24 hours automatically. Company – juridical entity, responsible for providing transactions execution and making payments to the Client in accordance with this Agreement. Company's working time – period of time during the working week, when the Trading Platform provides execution of transactions on standard currency contracts. Exceptions are weekends, holidays, temporary changes within the Company and intervals when service is not available due to technical reasons; in this case the Company shall assume measures to notify the Client of changes in the working hours and enable the Client to eliminate arising risks. Contract specifications – basic trading conditions (spread, lot size, minimum volume of trading operation, a step change in the volume of trading transactions, initial margin, margin for locked positions, etc.) for each instrument. Copy settings – parameters of the Copy Trader's account which define the rules of Copy trading. Copy Stop Terms – a parameter of Copy settings which defines the maximum amount of loss or profit in relation to Amount to copy. Once this level achieved, the Trader’s trades copied earlier are closed and Copying of new trades is suspended. Copy Trader – Client who copies Traders’ trades. Copying a fixed size of each trade – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is always identical to the volume pre-set in lots in Copy Settings. Copying a predefined percent of each trade – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is identical to a pre-set percentage of the volume of the respective trade on the Trader’s account. Copying in proportion to Copy Trader’s equity – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is defined by the ratio of the Amount to Copy to the equity in the Trader’s account. Copying/Copy/Copy trading – opening/closure of a trade in the Copy Trader's account right after an opening/closure of a trade in the Trader’s account which has the same direction as the Trader's trade and whose parameters are dependent on Copy settings. Current price – the last actual price at the moment of processing the order. Current variation – unfixed profit or loss in all open trades in the Main Trading account. Developer – Company “MetaQuotes Software Corp”, the developer of the trading platform. Dormant account – is a Trading account whose Balance is less than or equal to 100 USD (or the equivalent in another currency), that has not had any balance operations for the past 60 (sixty) days, and that does not have any open trades. Equity – secured portion of the Client's deposit with the account of open positions which is bound to Balance and Floating (Profit/Loss) with the help of the following formula: Balance + Floating + Swap. These are the funds on the Client's account decreased by the amount of the current loss on the open positions and increased by the amount of the current profit on the open positions. Equity used – Margin in the Main Trading account. Flow of Quotes – sequence of quotes for each instrument in the trading platform. Force Majeure – events that cannot be foreseen and prevented. As a rule, these are: natural disasters, wars, acts of terrorism, acts of government, legislative or executive authorities, hacker attacks, and other unlawful acts against servers resulting in destabilization of the market(s) where of 1 or several trading instruments are traded. Free Margin – funds which are not used as margin for open positions. It is calculated as follows: Free Margin = Equity minus Margin. Full size copying 1 to 1 – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is equal to the volume of the respective trade in the Trader's account. Fully completed transaction – consists of two counter deals of similar size (opening and closing of a position): purchase with the subsequent sale or sale with subsequent purchase. Hedge Margin – deposit required by the Company to open and maintain hedged positions and indicated in contract specifications for each instrument. Main Trading Account – a Trading account used for Trading and Non-trading operations within the Client’s Profile and/or shown in Traders’ Rating. Margin – money deposit required by the Company to open and maintain positions. Margin interest is interest that the trader is charged for borrowing the Company’s money to open positions in cryptocurrency instruments. Margin Level – indication showing the state of the account. It is calculated as follows: (Equity/Margin)*100%. Xxxxxx Xxxxxxx – conducting of arbitrage operations with contracts on currencies in which the volume of open positions exceeds several times the size of the variation margin. Market Execution – Type of order execution when the Company makes a decision concerning the execution price without preliminary agreement with the Client. Sending a market order in this mode implies accepting beforehand a price at which the order will be executed. Market opening – resumption of trading after weekends, holidays or a break between trading sessions. Market sentiment – the ratio of a total “buy” or “sell” volume to a total volume of all positions in a given instrument expressed in percentage. Non-market quote (spike) – a quote which meets each of the following terms: significant price gap; return of the price within a short period of time to the initial level with a price gap; absence of fast price dynamics before this quote; lack of macro-economic developments and/or corporate news, having significant impact on the instrument rate at the moment when it turns up (the Company has the right to delete information about Spikes from the server's database). Non-trading operation – a process of funds depositing in a trading account (withdrawal of the funds from a trading account) or a process of granting (repayment) of credit, or distribution of funds to the accounts within the Client’s Profile. Normal market – see “Normal market conditions”. Normal market conditions – state of the market, satisfying each of the following conditions: absence of long breaks in the receipt of quotes to the trading platform; absence of fast price dynamics; lack of significant price gaps. Opened position – the result of the first part of a completed transaction. As a result the Client is obliged: to make an opposite transaction of the same volume and maintain Equity of his/her account not below the Stop Out level established for this type of account. Order – Client's instruction to the Company to open or close position when the price has reached the level of the order. Payment Currency – currency, in which deposits and withdrawals are executed Pending order – Client's instruction to the Company to open (close) position when the price reaches the level of the order. Percent of the volume – a parameter of Copy settings for the “Copying a predefined percent of each trade”. It represents a ratio (in %) of the volume of the trade copied onto the Copy Trader's account to the volume of the respective trade in the Trader’s account. It may vary from 1% to 10,000% in 1% increments. Personal Profile – account which contains the information required to identify a user when logging in to the system and the information necessary for authorization and records. Point – a low-order unit of a quote. Politically exposed person (PEP) is a natural person that plays an important societal role within a country or in the global arena. Politically exposed persons include current or former government employees, state companies' managers, politicians, and their relatives and close associates. Please consult our AML policies for more details on PEP identification methods. Price gap – either of two situations: Bid of the current quote is higher than Ask of the previous quote; Ask of the current quote is less than Bid of the previous quote. Price gap at the market opening – either of two situations: Bid of the opening market quote is higher than Ask of the closing market quote; Ask of the opening market quote is less than Bid of the closing market quote. Price of the order – price specified in the order Price prior to spike - closing price of a minute bar prior to the minute bar with Xxxxx. Profit sharing – a share (%) in the Copy Trader’s profit made over a completed trading period whose amount is determined by the Trader and which shall be paid into the Trader's account from the Copy Trader’s account as a Commission for Copy trading. Server – software of MetaTrader Server x.xxx, which processes Client's orders and requests, provides the Client with online information about trades in the financial markets (to the extent determined by the Company), keeps record of mutual obligations between the Client and the Company and controls compliance with terms and restrictions. Server's log file – a file created by the server which instantly records all requests and orders sent by the Client through the Trading platform, and the results of their processing. Size of lot – amount of base currency in one lot, defined in the contract specification. Xxxxx – see «Spike quote». Spread – difference between Ask and Bid quotes in pips. Statement – full list of completed transactions and non-trading operations on the trading account. Stop&Limit - a parameter which allows setting any type of pending order at the distance from a current price level equal to or higher than the value of this parameter expressed in points. Swap (swap - storage) – funds which are withheld or added to the Client's account for prolongation (suspension) of a position until next day. Ticket – unique identification number assigned to each open position or pending order in the trading platform. Trader – Client whose Main Trading account is shown in Traders’ Rating. Traders' Rating – a special table which displays the latest aggregate information on registered Traders. Trading account – unique personified register of operations in the trading platform opened by the Client with the Company which records the Client’s and the Company’s obligations and liabilities arising out of transactions conducted under this Agreement. Trading interval – a period of time which starts as soon as Copy Trading has started or right after a Commission payment, and which ends right before the next Commission payment. Trading operation – buying or selling of an instrument by the Client. Trading platform – a set of software and hardware which provides information about trading in the financial markets in the real time mode, enables trading transactions, records mutual obligations of the Client and the Company and controls compliance with terms and restrictions. In simplified form for the purpose of this Agreement, it consists of Server, Client's terminal and Client’s Profile. Trading session – time interval during which the Company accepts and processes requests for conducting transactions with trading tools that are not traded 24 hours, and also releases flow of prices for these tools. Transaction – the whole range of trading operations when funds are transferred from base currency into the currency of a quote and vice versa. Volatility – instability, variability of market rates over a concrete period. Volume – a parameter of Copy settings for the “Copying a fixed size of each trade” which defines the volume of the trades to be copied onto the Copy Trader's account. It's measured in lots. Volume of trading operations – number of lots multiplied by a lot size.

Glossary. Advisor – Trading account's control algorithm in the form of a program in specialized language “MetaQuotes Language“, which sends requests and orders to the server using Client's Terminal. Amount to copy – a parameter of Copy settings which defines in monetary terms the maximum amount of equity that may be used for opening trades in the Copy Trader's account. Arbitrage transaction – an operation which consists in buying assets on one market and at the same time selling its counterpart on another market. It locks the difference in the value of these assets on different markets. It’s evident that the portfolio value remains roughly the same regardless of the further market movements, as the counter transactions cover each other. Next, as soon as the change in the price difference turns in Client’s favor, the counter arbitrage transaction is conducted in order to fix the profit. A transaction consisting only in buying (selling) financial assets on one market without selling (buying) them on another market can also be regarded as an arbitrage transaction, provided that there is a considerable price gap between the quotes of these interconnected markets at the moment of opening or closing the transaction. Ask – higher price of a quote; price at which the Client buys. Assets, total – Equity in the Main trading account shown in the Client’s Profile. Available for operations – Free margin in the Main Trading account. Balance – total result of all completed financial transactions and withdrawal/deposit operations. Base currency – currency of the account, in which all balances, commission fees and charges are denominated for both Client’s Terminal and Client’s Profile. Bid – lower price of a quote; price at which the Client sells. Client – individual or juridical entity, registered in the Client's Profile, conducting conversion arbitrage operations with the Company at the quotes provided by the Company. Client's log file – a file created in the Client's terminal which instantly records all requests and orders sent by the Client. Client's Profile – secure area at the Company’s official site designed to provide access to all main account operations and interaction between the Client and the Company in accordance with inbuilt software algorithm. Client's terminal – software version of MetaTrader x.xxx, with the help of which the Client can obtain online information about financial markets (to the extent determined by the Company), carry out technical analysis of markets, conduct trading operations, place, modify, delete orders and receive messages from the Company. Commission – a profit share expressed in monetary terms and transferred from the Copy Trader’s account to the Trader's account once every 24 hours automatically. Company – juridical entity, responsible for providing transactions execution and making payments to the Client in accordance with this Agreement. Company's working time – period of time during the working week, when the Trading Platform provides execution of transactions on standard currency contracts. Exceptions are weekends, holidays, temporary changes within the Company and intervals when service is not available due to technical reasons; in this case the Company shall assume measures to notify the Client of changes in the working hours and enable the Client to eliminate arising risks. Contract specifications – basic trading conditions (spread, lot size, minimum volume of trading operation, a step change in the volume of trading transactions, initial margin, margin for locked positions, etc.) for each instrument. Copy settings – parameters of the Copy Trader's account which define the rules of Copy trading. Copy Stop Terms – a parameter of Copy settings which defines the maximum amount of loss or profit in relation to Amount to copy. Once this level achieved, the Trader’s trades copied earlier are closed and Copying of new trades is suspended. Copy Trader – Client who copies Traders’ trades. Copying a fixed size of each trade – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is always identical to the volume pre-set in lots in Copy Settings. Copying a predefined percent of each trade – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is identical to a pre-set percentage of the volume of the respective trade on the Trader’s account. Copying in proportion to Copy Trader’s equity – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is defined by the ratio of the Amount to Copy to the equity in the Trader’s account. Copying/Copy/Copy trading – opening/closure of a trade in the Copy Trader's account right after an opening/closure of a trade in the Trader’s account which has the same direction as the Trader's trade and whose parameters are dependent on Copy settings. Current price – the last actual price at the moment of processing the order. Current variation – unfixed profit or loss in all open trades in the Main Trading account. Developer – Company “MetaQuotes Software Corp”, the developer of the trading platform. Dormant account – is a Trading account whose Balance is less than or equal to 100 USD (or the equivalent in another currency), that has not had any balance operations for the past 60 (sixty) days, and that does not have any open trades. Equity – secured portion of the Client's deposit with the account of open positions which is bound to Balance and Floating (Profit/Loss) with the help of the following formula: Balance + Floating + Swap. These are the funds on the Client's account decreased by the amount of the current loss on the open positions and increased by the amount of the current profit on the open positions. Equity used – Margin in the Main Trading account. Flow of Quotes – sequence of quotes for each instrument in the trading platform. Force Majeure – events that cannot be foreseen and prevented. As a rule, these are: natural disasters, wars, acts of terrorism, acts of government, legislative or executive authorities, hacker attacks, and other unlawful acts against servers resulting in destabilization of the market(s) where of 1 or several trading instruments are traded. Free Margin – funds which are not used as margin for open positions. It is calculated as follows: Free Margin = Equity minus Margin. Full size copying 1 to 1 – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is equal to the volume of the respective trade in the Trader's account. Fully completed transaction – consists of two counter deals of similar size (opening and closing of a position): purchase with the subsequent sale or sale with subsequent purchase. Hedge Margin – deposit required by the Company to open and maintain hedged positions and indicated in contract specifications for each instrument. Main Trading Account – a Trading account used for Trading and Non-trading operations within the Client’s Profile and/or shown in Traders’ Rating. Margin – money deposit required by the Company to open and maintain positions. Margin interest is interest that the trader is charged for borrowing the Company’s money to open positions in cryptocurrency instruments. Margin Level – indication showing the state of the account. It is calculated as follows: (Equity/Margin)*100%. Xxxxxx Xxxxxxx Margin Trading – conducting of arbitrage operations with contracts on currencies in which the volume of open positions exceeds several times the size of the variation margin. Market Execution – Type of order execution when the Company makes a decision concerning the execution price without preliminary agreement with the Client. Sending a market order in this mode implies accepting beforehand a price at which the order will be executed. Market opening – resumption of trading after weekends, holidays or a break between trading sessions. Market sentiment – the ratio of a total “buy” or “sell” volume to a total volume of all positions in a given instrument expressed in percentage. Non-market quote (spike) – a quote which meets each of the following terms: significant price gap; return of the price within a short period of time to the initial level with a price gap; absence of fast price dynamics before this quote; lack of macro-economic developments and/or corporate news, having significant impact on the instrument rate at the moment when it turns up (the Company has the right to delete information about Spikes from the server's database). Non-trading operation – a process of funds depositing in a trading account (withdrawal of the funds from a trading account) or a process of granting (repayment) of credit, or distribution of funds to the accounts within the Client’s Profile. Normal market – see “Normal market conditions”. Normal market conditions – state of the market, satisfying each of the following conditions: absence of long breaks in the receipt of quotes to the trading platform; absence of fast price dynamics; lack of significant price gaps. Opened position – the result of the first part of a completed transaction. As a result the Client is obliged: to make an opposite transaction of the same volume and maintain Equity of his/her account not below the Stop Out level established for this type of account. Order – Client's instruction to the Company to open or close position when the price has reached the level of the order. Payment Currency – currency, in which deposits and withdrawals are executed Pending order – Client's instruction to the Company to open (close) position when the price reaches the level of the order. Percent of the volume – a parameter of Copy settings for the “Copying a predefined percent of each trade”. It represents a ratio (in %) of the volume of the trade copied onto the Copy Trader's account to the volume of the respective trade in the Trader’s account. It may vary from 1% to 10,000% in 1% increments. Personal Profile – account which contains the information required to identify a user when logging in to the system and the information necessary for authorization and records. Point – a low-order unit of a quote. Politically exposed person (PEP) is a natural person that plays an important societal role within a country or in the global arena. Politically exposed persons include current or former government employees, state companies' managers, politicians, and their relatives and close associates. Please consult our AML policies for more details on PEP identification methods. Price gap – either of two situations: Bid of the current quote is higher than Ask of the previous quote; Ask of the current quote is less than Bid of the previous quote. Price gap at the market opening – either of two situations: Bid of the opening market quote is higher than Ask of the closing market quote; Ask of the opening market quote is less than Bid of the closing market quote. Price of the order – price specified in the order Price prior to spike - closing price of a minute bar prior to the minute bar with XxxxxSpike. Profit sharing – a share (%) in the Copy Trader’s profit made over a completed trading period whose amount is determined by the Trader and which shall be paid into the Trader's account from the Copy Trader’s account as a Commission for Copy trading. Server – software of MetaTrader Server x.xxx, which processes Client's orders and requests, provides the Client with online information about trades in the financial markets (to the extent determined by the Company), keeps record of mutual obligations between the Client and the Company and controls compliance with terms and restrictions. Server's log file – a file created by the server which instantly records all requests and orders sent by the Client through the Trading platform, and the results of their processing. Size of lot – amount of base currency in one lot, defined in the contract specification. Xxxxx Spike – see «Spike quote». Spread – difference between Ask and Bid quotes in pips. Statement – full list of completed transactions and non-trading operations on the trading account. Stop&Limit - a parameter which allows setting any type of pending order at the distance from a current price level equal to or higher than the value of this parameter expressed in points. Swap (swap - storage) – funds which are withheld or added to the Client's account for prolongation (suspension) of a position until next day. Ticket – unique identification number assigned to each open position or pending order in the trading platform. Trader – Client whose Main Trading account is shown in Traders’ Rating. Traders' Rating – a special table which displays the latest aggregate information on registered Traders. Trading account – unique personified register of operations in the trading platform opened by the Client with the Company which records the Client’s and the Company’s obligations and liabilities arising out of transactions conducted under this Agreement. Trading interval – a period of time which starts as soon as Copy Trading has started or right after a Commission payment, and which ends right before the next Commission payment. Trading operation – buying or selling of an instrument by the Client. Trading platform – a set of software and hardware which provides information about trading in the financial markets in the real time mode, enables trading transactions, records mutual obligations of the Client and the Company and controls compliance with terms and restrictions. In simplified form for the purpose of this Agreement, it consists of Server, Client's terminal and Client’s Profile. Trading session – time interval during which the Company accepts and processes requests for conducting transactions with trading tools that are not traded 24 hours, and also releases flow of prices for these tools. Transaction – the whole range of trading operations when funds are transferred from base currency into the currency of a quote and vice versa. Volatility – instability, variability of market rates over a concrete period. Volume – a parameter of Copy settings for the “Copying a fixed size of each trade” which defines the volume of the trades to be copied onto the Copy Trader's account. It's measured in lots. Volume of trading operations – number of lots multiplied by a lot size.

Glossary. Advisor – Trading account's control algorithm in the form of a program in specialized language “MetaQuotes Language“, which sends requests and orders to the server using Client's Terminal. Amount to copy – a parameter of Copy settings which defines in monetary terms the maximum amount of equity that may be used for opening trades in the Copy Trader's account. Arbitrage transaction – an operation which consists in buying assets on one market and at the same time selling its counterpart on another market. It locks the difference in the value of these assets on different markets. It’s evident that the portfolio value remains roughly the same regardless of the further market movements, as the counter transactions cover each other. Next, as soon as the change in the price difference turns in Client’s favor, the counter arbitrage transaction is conducted in order to fix the profit. A transaction consisting only in buying (selling) financial assets on one market without selling (buying) them on another market can also be regarded as an arbitrage transaction, provided that there is a considerable price gap between the quotes of these interconnected markets at the moment of opening or closing the transaction. Archive account – a Trading Account whose Balance is zero and on which no trading, credit, or balance transactions have been made for 40 calendar days. Ask – higher price of a quote; price at which the Client buys. Assets, total – Equity in the Main trading account shown in the Client’s Profile. Available for operations – Free margin in the Main Trading account. Balance – total result of all completed financial transactions and withdrawal/deposit operations. Base currency – currency of the account, in which all balances, commission fees and charges are denominated for both Client’s Terminal and Client’s Profile. Bid – lower price of a quote; price at which the Client sells. Client – individual or juridical entity, registered in the Client's Profile, conducting conversion arbitrage operations with the Company at the quotes provided by the Company. Client's log file – a file created in the Client's terminal which instantly records all requests and orders sent by the Client. Client's Profile – secure area at the Company’s official site designed to provide access to all main account operations and interaction between the Client and the Company in accordance with inbuilt software algorithm. Client's terminal – software version of MetaTrader x.xxx, with the help of which the Client can obtain online information about financial markets (to the extent determined by the Company), carry out technical analysis of markets, conduct trading operations, place, modify, delete orders and receive messages from the Company. Commission – a profit share expressed in monetary terms and transferred from the Copy Trader’s account to the Trader's account once every 24 hours automatically. Company – juridical entity, responsible for providing transactions execution and making payments to the Client in accordance with this Agreement. Company's working time – period of time during the working week, when the Trading Platform provides execution of transactions on standard currency contracts. Exceptions are weekends, holidays, temporary changes within the Company and intervals when service is not available due to technical reasons; in this case the Company shall assume measures to notify the Client of changes in the working hours and enable the Client to eliminate arising risks. Contract specifications – basic trading conditions (spread, lot size, minimum volume of trading operation, a step change in the volume of trading transactions, initial margin, margin for locked positions, etc.) for each instrument. Copy settings – parameters of the Copy Trader's account which define the rules of Copy trading. Copy Stop Terms – a parameter of Copy settings which defines the maximum amount of loss or profit in relation to Amount to copy. Once this level achieved, the Trader’s trades copied earlier are closed and Copying of new trades is suspended. Copy Trader – Client who copies Traders’ trades. Copying a fixed size of each trade – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is always identical to the volume pre-set in lots in Copy Settings. Copying a predefined percent of each trade – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is identical to a pre-set percentage of the volume of the respective trade on the Trader’s account. Copying in proportion to Copy Trader’s equity – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is defined by the ratio of the Amount to Copy to the equity in the Trader’s account. Copying/Copy/Copy trading – opening/closure of a trade in the Copy Trader's account right after an opening/closure of a trade in the Trader’s account which has the same direction as the Trader's trade and whose parameters are dependent on Copy settings. Current price – the last actual price at the moment of processing the order. Current variation – unfixed profit or loss in all open trades in the Main Trading account. Developer – Company “MetaQuotes Software Corp”, the developer of the trading platform. Dormant account – is a Trading account whose Account with a positive Balance is less than or equal to 100 USD (or the equivalent in another currency), that has not had any on which there have been no balance operations transactions for the past 60 (sixty) dayslast 90 days and no open positions, and that does not have any open tradesthe same conditions are met on other Trading Accounts in the Client Profile. Equity – secured portion of the Client's deposit with the account of open positions which is bound to Balance and Floating (Profit/Loss) with the help of the following formula: Balance + Floating + Swap. These are the funds on the Client's account decreased by the amount of the current loss on the open positions and increased by the amount of the current profit on the open positions. Equity used – Margin in the Main Trading account. Flow of Quotes – sequence of quotes for each instrument in the trading platform. Force Majeure – events that cannot be foreseen and prevented. As a rule, these are: natural disasters, wars, acts of terrorism, acts of government, legislative or executive authorities, hacker attacks, and other unlawful acts against servers resulting in destabilization of the market(s) where of 1 or several trading instruments are traded. Free Margin – funds which are not used as margin for open positions. It is calculated as follows: Free Margin = Equity minus Margin. Full size copying 1 to 1 – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is equal to the volume of the respective trade in the Trader's account. Fully completed transaction – consists of two counter deals of similar size (opening and closing of a position): purchase with the subsequent sale or sale with subsequent purchase. Hedge Margin – deposit required by the Company to open and maintain hedged positions and indicated in contract specifications for each instrument. Main Trading Account – a Trading account used for Trading and Non-trading operations within the Client’s Profile and/or shown in Traders’ Rating. Margin – money deposit required by the Company to open and maintain positions. Margin interest is interest that the trader is charged for borrowing the Company’s money to open positions in cryptocurrency instruments. Margin Level – indication showing the state of the account. It is calculated as follows: (Equity/Margin)*100%. Xxxxxx Xxxxxxx – conducting of arbitrage operations with contracts on currencies in which the volume of open positions exceeds several times the size of the variation margin. Market Execution – Type of order execution when the Company makes a decision concerning the execution price without preliminary agreement with the Client. Sending a market order in this mode implies accepting beforehand a price at which the order will be executed. Market opening – resumption of trading after weekends, holidays or a break between trading sessions. Market sentiment – the ratio of a total “buy” or “sell” volume to a total volume of all positions in a given instrument expressed in percentage. Non-market quote (spike) – a quote which meets each of the following terms: significant price gap; return of the price within a short period of time to the initial level with a price gap; absence of fast price dynamics before this quote; lack of macro-economic developments and/or corporate news, having significant impact on the instrument rate at the moment when it turns up (the Company has the right to delete information about Spikes from the server's database). Non-trading operation – a process of funds depositing in a trading account (withdrawal of the funds from a trading account) or a process of granting (repayment) of credit, or distribution of funds to the accounts within the Client’s Profile. Normal market – see “Normal market conditions”. Normal market conditions – state of the market, satisfying each of the following conditions: absence of long breaks in the receipt of quotes to the trading platform; absence of fast price dynamics; lack of significant price gaps. Opened position – the result of the first part of a completed transaction. As a result the Client is obliged: to make an opposite transaction of the same volume and maintain Equity of his/her account not below the Stop Out level established for this type of account. Order – Client's instruction to the Company to open or close position when the price has reached the level of the order. Payment Currency – currency, in which deposits and withdrawals are executed Pending order – Client's instruction to the Company to open (close) position when the price reaches the level of the order. Percent of the volume – a parameter of Copy settings for the “Copying a predefined percent of each trade”. It represents a ratio (in %) of the volume of the trade copied onto the Copy Trader's account to the volume of the respective trade in the Trader’s account. It may vary from 1% to 10,000100,000% in 1% increments. Personal Profile – account which contains the information required to identify a user when logging in to the system and the information necessary for authorization and records. Point – a low-order unit of a quote. Politically exposed person (PEP) is a natural person that plays an important societal role within a country or in the global arena. Politically exposed persons include current or former government employees, state companies' managers, politicians, and their relatives and close associates. Please consult our AML policies for more details on PEP identification methods. Price gap – either of two situations: Bid of the current quote is higher than Ask of the previous quote; Ask of the current quote is less than Bid of the previous quote. Price gap at the market opening – either of two situations: Bid of the opening market quote is higher than Ask of the closing market quote; Ask of the opening market quote is less than Bid of the closing market quote. Price of the order – price specified in the order Price prior to spike - closing price of a minute bar prior to the minute bar with Xxxxx. Profit sharing – a share (%) in the Copy Trader’s profit made over a completed trading period whose amount is determined by the Trader and which shall be paid into the Trader's account from the Copy Trader’s account as a Commission for Copy trading. Server – software of MetaTrader Server x.xxx, which processes Client's orders and requests, provides the Client with online information about trades in the financial markets (to the extent determined by the Company), keeps record of mutual obligations between the Client and the Company and controls compliance with terms and restrictions. Server's log file – a file created by the server which instantly records all requests and orders sent by the Client through the Trading platform, and the results of their processing. Size of lot – amount of base currency in one lot, defined in the contract specification. Xxxxx – see «Spike quote». Spread – difference between Ask and Bid quotes in pips. Statement – full list of completed transactions and non-trading operations on the trading account. Stop&Limit - a parameter which allows setting any type of pending order at the distance from a current price level equal to or higher than the value of this parameter expressed in points. Swap (swap - storage) – funds which are withheld or added to the Client's account for prolongation (suspension) of a position until next day. Ticket – unique identification number assigned to each open position or pending order in the trading platform. Trader – Client whose Main Trading account is shown in Traders’ Rating. Traders' Rating – a special table which displays the latest aggregate information on registered Traders. Trading account – unique personified register of operations in the trading platform opened by the Client with the Company which records the Client’s and the Company’s obligations and liabilities arising out of transactions conducted under this Agreement. Trading interval – a period of time which starts as soon as Copy Trading has started or right after a Commission payment, and which ends right before the next Commission payment. Trading operation – buying or selling of an instrument by the Client. Trading platform – a set of software and hardware which provides information about trading in the financial markets in the real time mode, enables trading transactions, records mutual obligations of the Client and the Company and controls compliance with terms and restrictions. In simplified form for the purpose of this Agreement, it consists of Server, Client's terminal and Client’s Profile. Trading session – time interval during which the Company accepts and processes requests for conducting transactions with trading tools that are not traded 24 hours, and also releases flow of prices for these tools. Transaction – the whole range of trading operations when funds are transferred from base currency into the currency of a quote and vice versa. Volatility – instability, variability of market rates over a concrete period. Volume – a parameter of Copy settings for the “Copying a fixed size of each trade” which defines the volume of the trades to be copied onto the Copy Trader's account. It's measured in lots. Volume of trading operations – number of lots multiplied by a lot size.

Glossary. Advisor – Trading account's control algorithm in the form of a program in specialized language “MetaQuotes Language“, which sends requests and orders to the server using Client's Terminal. Amount to copy – a parameter of Copy settings which defines in monetary terms the maximum amount of equity that may be used for opening trades in the Copy Trader's account. Arbitrage transaction – an operation which consists in buying assets on one market and at the same time selling its counterpart on another market. It locks the difference in the value of these assets on different markets. It’s evident that the portfolio value remains roughly the same regardless of the further market movements, as the counter transactions cover each other. Next, as soon as the change in the price difference turns in Client’s favor, the counter arbitrage transaction is conducted in order to fix the profit. A transaction consisting only in buying (selling) financial assets on one market without selling (buying) them on another market can also be regarded as an arbitrage transaction, provided that there is a considerable price gap between the quotes of these interconnected markets at the moment of opening or closing the transaction. Ask – higher price of a quote; price at which the Client buys. Assets, total – Equity in the Main trading account shown in the Client’s Profile. Available for operations – Free margin in the Main Trading account. Balance – total result of all completed financial transactions and withdrawal/deposit operations. Base currency – currency of the account, in which all balances, commission fees and charges are denominated for both Client’s Terminal and Client’s Profile. Bid – lower price of a quote; price at which the Client sells. Client – individual or juridical entity, registered in the Client's Profile, conducting conversion arbitrage operations with the Company at the quotes provided by the Company. Client's log file – a file created in the Client's terminal which instantly records all requests and orders sent by the Client. Client's Profile – secure area at the Company’s official site designed to provide access to all main account operations and interaction between the Client and the Company in accordance with inbuilt software algorithm. Client's terminal – software version of MetaTrader x.xxx, with the help of which the Client can obtain online information about financial markets (to the extent determined by the Company), carry out technical analysis of markets, conduct trading operations, place, modify, delete orders and receive messages from the Company. Commission – a profit share expressed in monetary terms and transferred from the Copy Trader’s account to the Trader's account once every 24 hours automatically. Company – juridical entity, responsible for providing transactions execution and making payments to the Client in accordance with this Agreement. Company's working time – period of time during the working week, when the Trading Platform provides execution of transactions on standard currency contracts. Exceptions are weekends, holidays, temporary changes within the Company and intervals when service is not available due to technical reasons; in this case the Company shall assume measures to notify the Client of changes in the working hours and enable the Client to eliminate arising risks. Contract specifications – basic trading conditions (spread, lot size, minimum volume of trading operation, a step change in the volume of trading transactions, initial margin, margin for locked positions, etc.) for each instrument. Copy settings – parameters of the Copy Trader's account which define the rules of Copy trading. Copy Stop Terms – a parameter of Copy settings which defines the maximum amount of loss or profit in relation to Amount to copy. Once this level achieved, the Trader’s trades copied earlier are closed and Copying of new trades is suspended. Copy Trader – Client who copies Traders’ trades. Copying a fixed size of each trade – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is always identical to the volume pre-set in lots in Copy Settings. Copying a predefined percent of each trade – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is identical to a pre-set percentage of the volume of the respective trade on the Trader’s account. Copying in proportion to Copy Trader’s equity – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is defined by the ratio of the Amount to Copy to the equity in the Trader’s account. Copying/Copy/Copy trading – opening/closure of a trade in the Copy Trader's account right after an opening/closure of a trade in the Trader’s account which has the same direction as the Trader's trade and whose parameters are dependent on Copy settings. Current price – the last actual price at the moment of processing the order. Current variation – unfixed profit or loss in all open trades in the Main Trading account. Developer – Company “MetaQuotes Software Corp”, the developer of the trading platform. Dormant account – is a Trading account whose Balance is less than or equal to 100 USD (or the equivalent in another currency), that has not had any balance operations for the past 60 (sixty) days, and that does not have any open trades. Equity – secured portion of the Client's deposit with the account of open positions which is bound to Balance and Floating (Profit/Loss) with the help of the following formula: Balance + Floating + Swap. These are the funds on the Client's account decreased by the amount of the current loss on the open positions and increased by the amount of the current profit on the open positions. Equity used – Margin in the Main Trading account. Flow of Quotes – sequence of quotes for each instrument in the trading platform. Force Majeure – events that cannot be foreseen and prevented. As a rule, these are: natural disasters, wars, acts of terrorism, acts of government, legislative or executive authorities, hacker attacks, and other unlawful acts against servers resulting in destabilization of the market(s) where of 1 or several trading instruments are traded. Free Margin – funds which are not used as margin for open positions. It is calculated as follows: Free Margin = Equity minus Margin. Full size copying 1 to 1 – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is equal to the volume of the respective trade in the Trader's account. Fully completed transaction – consists of two counter deals of similar size (opening and closing of a position): purchase with the subsequent sale or sale with subsequent purchase. Hedge Margin – deposit required by the Company to open and maintain hedged positions and indicated in contract specifications for each instrument. Main Trading Account – a Trading account used for Trading and Non-trading operations within the Client’s Profile and/or shown in Traders’ Rating. Margin – money deposit required by the Company to open and maintain positions. Margin interest is interest that the trader is charged for borrowing the Company’s money to open positions in cryptocurrency instruments. Margin Level – indication showing the state of the account. It is calculated as follows: (Equity/Margin)*100%. Xxxxxx Xxxxxxx Margin Trading – conducting of arbitrage operations with contracts on currencies in which the volume of open positions exceeds several times the size of the variation margin. Market Execution – Type of order execution when the Company makes a decision concerning the execution price without preliminary agreement with the Client. Sending a market order in this mode implies accepting beforehand a price at which the order will be executed. Market opening – resumption of trading after weekends, holidays or a break between trading sessions. Market sentiment – the ratio of a total “buy” or “sell” volume to a total volume of all positions in a given instrument expressed in percentage. Non-market quote (spike) – a quote which meets each of the following terms: significant price gap; return of the price within a short period of time to the initial level with a price gap; absence of fast price dynamics before this quote; lack of macro-economic developments and/or corporate news, having significant impact on the instrument rate at the moment when it turns up (the Company has the right to delete information about Spikes from the server's database). Non-trading operation – a process of funds depositing in a trading account (withdrawal of the funds from a trading account) or a process of granting (repayment) of credit, or distribution of funds to the accounts within the Client’s Profile. Normal market – see “Normal market conditions”. Normal market conditions – state of the market, satisfying each of the following conditions: absence of long breaks in the receipt of quotes to the trading platform; absence of fast price dynamics; lack of significant price gaps. Opened position – the result of the first part of a completed transaction. As a result the Client is obliged: to make an opposite transaction of the same volume and maintain Equity of his/her account not below the Stop Out level established for this type of account. Order – Client's instruction to the Company to open or close position when the price has reached the level of the order. Payment Currency – currency, in which deposits and withdrawals are executed Pending order – Client's instruction to the Company to open (close) position when the price reaches the level of the order. Percent of the volume – a parameter of Copy settings for the “Copying a predefined percent of each trade”. It represents a ratio (in %) of the volume of the trade copied onto the Copy Trader's account to the volume of the respective trade in the Trader’s account. It may vary from 1% to 10,000% in 1% increments. Personal Profile – account which contains the information required to identify a user when logging in to the system and the information necessary for authorization and records. Point – a low-order unit of a quote. Politically exposed person (PEP) is a natural person that plays an important societal role within a country or in the global arena. Politically exposed persons include current or former government employees, state companies' managers, politicians, and their relatives and close associates. Please consult our AML policies for more details on PEP identification methods. Price gap – either of two situations: Bid of the current quote is higher than Ask of the previous quote; Ask of the current quote is less than Bid of the previous quote. Price gap at the market opening – either of two situations: Bid of the opening market quote is higher than Ask of the closing market quote; Ask of the opening market quote is less than Bid of the closing market quote. Price of the order – price specified in the order Price prior to spike - closing price of a minute bar prior to the minute bar with XxxxxSpike. Profit sharing – a share (%) in the Copy Trader’s profit made over a completed trading period whose amount is determined by the Trader and which shall be paid into the Trader's account from the Copy Trader’s account as a Commission for Copy trading. Server – software of MetaTrader Server x.xxx, which processes Client's orders and requests, provides the Client with online information about trades in the financial markets (to the extent determined by the Company), keeps record of mutual obligations between the Client and the Company and controls compliance with terms and restrictions. Server's log file – a file created by the server which instantly records all requests and orders sent by the Client through the Trading platform, and the results of their processing. Size of lot – amount of base currency in one lot, defined in the contract specification. Xxxxx Spike – see «Spike quote». Spread – difference between Ask and Bid quotes in pips. Statement – full list of completed transactions and non-trading operations on the trading account. Stop&Limit - a parameter which allows setting any type of pending order at the distance from a current price level equal to or higher than the value of this parameter expressed in points. Swap (swap - storage) – funds which are withheld or added to the Client's account for prolongation (suspension) of a position until next day. Ticket – unique identification number assigned to each open position or pending order in the trading platform. Trader – Client whose Main Trading account is shown in Traders’ Rating. Traders' Rating – a special table which displays the latest aggregate information on registered Traders. Trading account – unique personified register of operations in the trading platform opened by the Client with the Company which records the Client’s and the Company’s obligations and liabilities arising out of transactions conducted under this Agreement. Trading interval – a period of time which starts as soon as Copy Trading has started or right after a Commission payment, and which ends right before the next Commission payment. Trading operation – buying or selling of an instrument by the Client. Trading platform – a set of software and hardware which provides information about trading in the financial markets in the real time mode, enables trading transactions, records mutual obligations of the Client and the Company and controls compliance with terms and restrictions. In simplified form for the purpose of this Agreement, it consists of Server, Client's terminal and Client’s Profile. Trading session – time interval during which the Company accepts and processes requests for conducting transactions with trading tools that are not traded 24 hours, and also releases flow of prices for these tools. Transaction – the whole range of trading operations when funds are transferred from base currency into the currency of a quote and vice versa. Volatility – instability, variability of market rates over a concrete period. Volume – a parameter of Copy settings for the “Copying a fixed size of each trade” which defines the volume of the trades to be copied onto the Copy Trader's account. It's measured in lots. Volume of trading operations – number of lots multiplied by a lot size.

Glossary. Advisor – Trading account's control algorithm in the form of a program in specialized language “MetaQuotes Language“, which sends requests and orders to the server using Client's Terminal. Amount to copy – a parameter of Copy settings which defines in monetary terms the maximum amount of equity that may be used for opening trades in the Copy Trader's account. Arbitrage transaction – an operation which consists in buying assets on one market and at the same time selling its counterpart on another market. It locks the difference in the value of these assets on different markets. It’s evident that the portfolio value remains roughly the same regardless of the further market movements, as the counter transactions cover each other. Next, as soon as the change in the price difference turns in Client’s favor, the counter arbitrage transaction is conducted in order to fix the profit. A transaction consisting only in buying (selling) financial assets on one market without selling (buying) them on another market can also be regarded as an arbitrage transaction, provided that there is a considerable price gap between the quotes of these interconnected markets at the moment of opening or closing the transaction. Archive account – is a Trading account whose balance was reduced to zero after a dormancy fee was charged. Ask – higher price of a quote; price at which the Client buys. Assets, total – Equity in the Main trading account shown in the Client’s Profile. Available for operations – Free margin in the Main Trading account. Balance – total result of all completed financial transactions and withdrawal/deposit operations. Base currency – currency of the account, in which all balances, commission fees and charges are denominated for both Client’s Terminal and Client’s Profile. Bid – lower price of a quote; price at which the Client sells. Client – individual or juridical entity, registered in the Client's Profile, conducting conversion arbitrage operations with the Company at the quotes provided by the Company. Client's log file – a file created in the Client's terminal which instantly records all requests and orders sent by the Client. Client's Profile – secure area at the Company’s official site designed to provide access to all main account operations and interaction between the Client and the Company in accordance with inbuilt software algorithm. Client's terminal – software version of MetaTrader x.xxx, with the help of which the Client can obtain online information about financial markets (to the extent determined by the Company), carry out technical analysis of markets, conduct trading operations, place, modify, delete orders and receive messages from the Company. Commission – a profit share expressed in monetary terms and transferred from the Copy Trader’s account to the Trader's account once every 24 hours automatically. Company – juridical entity, responsible for providing transactions execution and making payments to the Client in accordance with this Agreement. Company's working time – period of time during the working week, when the Trading Platform provides execution of transactions on standard currency contracts. Exceptions are weekends, holidays, temporary changes within the Company and intervals when service is not available due to technical reasons; in this case the Company shall assume measures to notify the Client of changes in the working hours and enable the Client to eliminate arising risks. Contract specifications – basic trading conditions (spread, lot size, minimum volume of trading operation, a step change in the volume of trading transactions, initial margin, margin for locked positions, etc.) for each instrument. Copy settings – parameters of the Copy Trader's account which define the rules of Copy trading. Copy Stop Terms – a parameter of Copy settings which defines the maximum amount of loss or profit in relation to Amount to copy. Once this level achieved, the Trader’s trades copied earlier are closed and Copying of new trades is suspended. Copy Trader – Client who copies Traders’ trades. Copying a fixed size of each trade – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is always identical to the volume pre-set in lots in Copy Settings. Copying a predefined percent of each trade – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is identical to a pre-set percentage of the volume of the respective trade on the Trader’s account. Copying in proportion to Copy Trader’s equity – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is defined by the ratio of the Amount to Copy to the equity in the Trader’s account. Copying/Copy/Copy trading – opening/closure of a trade in the Copy Trader's account right after an opening/closure of a trade in the Trader’s account which has the same direction as the Trader's trade and whose parameters are dependent on Copy settings. Current price – the last actual price at the moment of processing the order. Current variation – unfixed profit or loss in all open trades in the Main Trading account. Developer – Company “MetaQuotes Software Corp”, the developer of the trading platform. Dormant account – is a Trading account whose Balance is less than or equal to 100 USD (or the equivalent in another currency), that has not had any with no balance operations for recorded over the past 60 (sixty) dayslast 90 days and no open positions. Other Trading accounts in the Client Profile must comply with these conditions, and that does not have any open tradestoo. Equity – secured portion of the Client's deposit with the account of open positions which is bound to Balance and Floating (Profit/Loss) with the help of the following formula: Balance + Floating + Swap. These are the funds on the Client's account decreased by the amount of the current loss on the open positions and increased by the amount of the current profit on the open positions. Equity used – Margin in the Main Trading account. Flow of Quotes – sequence of quotes for each instrument in the trading platform. Force Majeure – events that cannot be foreseen and prevented. As a rule, these are: natural disasters, wars, acts of terrorism, acts of government, legislative or executive authorities, hacker attacks, and other unlawful acts against servers resulting in destabilization of the market(s) where of 1 or several trading instruments are traded. Free Margin – funds which are not used as margin for open positions. It is calculated as follows: Free Margin = Equity minus Margin. Full size copying 1 to 1 – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is equal to the volume of the respective trade in the Trader's account. Fully completed transaction – consists of two counter deals of similar size (opening and closing of a position): purchase with the subsequent sale or sale with subsequent purchase. Hedge Margin – deposit required by the Company to open and maintain hedged positions and indicated in contract specifications for each instrument. Main Trading Account – a Trading account used for Trading and Non-trading operations within the Client’s Profile and/or shown in Traders’ Rating. Margin – money deposit required by the Company to open and maintain positions. Margin interest is interest that the trader is charged for borrowing the Company’s money to open positions in cryptocurrency instruments. Margin Level – indication showing the state of the account. It is calculated as follows: (Equity/Margin)*100%. Xxxxxx Xxxxxxx – conducting of arbitrage operations with contracts on currencies in which the volume of open positions exceeds several times the size of the variation margin. Market Execution – Type of order execution when the Company makes a decision concerning the execution price without preliminary agreement with the Client. Sending a market order in this mode implies accepting beforehand a price at which the order will be executed. Market opening – resumption of trading after weekends, holidays or a break between trading sessions. Market sentiment – the ratio of a total “buy” or “sell” volume to a total volume of all positions in a given instrument expressed in percentage. Non-market quote (spike) – a quote which meets each of the following terms: significant price gap; return of the price within a short period of time to the initial level with a price gap; absence of fast price dynamics before this quote; lack of macro-economic developments and/or corporate news, having significant impact on the instrument rate at the moment when it turns up (the Company has the right to delete information about Spikes from the server's database). Non-trading operation – a process of funds depositing in a trading account (withdrawal of the funds from a trading account) or a process of granting (repayment) of credit, or distribution of funds to the accounts within the Client’s Profile. Normal market – see “Normal market conditions”. Normal market conditions – state of the market, satisfying each of the following conditions: absence of long breaks in the receipt of quotes to the trading platform; absence of fast price dynamics; lack of significant price gaps. Opened position – the result of the first part of a completed transaction. As a result the Client is obliged: to make an opposite transaction of the same volume and maintain Equity of his/her account not below the Stop Out level established for this type of account. Order – Client's instruction to the Company to open or close position when the price has reached the level of the order. Payment Currency – currency, in which deposits and withdrawals are executed Pending order – Client's instruction to the Company to open (close) position when the price reaches the level of the order. Percent of the volume – a parameter of Copy settings for the “Copying a predefined percent of each trade”. It represents a ratio (in %) of the volume of the trade copied onto the Copy Trader's account to the volume of the respective trade in the Trader’s account. It may vary from 1% to 10,000100,000% in 1% increments. Personal Profile – account which contains the information required to identify a user when logging in to the system and the information necessary for authorization and records. Point – a low-order unit of a quote. Politically exposed person (PEP) is a natural person that plays an important societal role within a country or in the global arena. Politically exposed persons include current or former government employees, state companies' managers, politicians, and their relatives and close associates. Please consult our AML policies for more details on PEP identification methods. Price gap – either of two situations: Bid of the current quote is higher than Ask of the previous quote; Ask of the current quote is less than Bid of the previous quote. Price gap at the market opening – either of two situations: Bid of the opening market quote is higher than Ask of the closing market quote; Ask of the opening market quote is less than Bid of the closing market quote. Price of the order – price specified in the order Price prior to spike - closing price of a minute bar prior to the minute bar with Xxxxx. Profit sharing – a share (%) in the Copy Trader’s profit made over a completed trading period whose amount is determined by the Trader and which shall be paid into the Trader's account from the Copy Trader’s account as a Commission for Copy trading. Server – software of MetaTrader Server x.xxx, which processes Client's orders and requests, provides the Client with online information about trades in the financial markets (to the extent determined by the Company), keeps record of mutual obligations between the Client and the Company and controls compliance with terms and restrictions. Server's log file – a file created by the server which instantly records all requests and orders sent by the Client through the Trading platform, and the results of their processing. Size of lot – amount of base currency in one lot, defined in the contract specification. Xxxxx – see «Spike quote». Spread – difference between Ask and Bid quotes in pips. Statement – full list of completed transactions and non-trading operations on the trading account. Stop&Limit - a parameter which allows setting any type of pending order at the distance from a current price level equal to or higher than the value of this parameter expressed in points. Swap (swap - storage) – funds which are withheld or added to the Client's account for prolongation (suspension) of a position until next day. Ticket – unique identification number assigned to each open position or pending order in the trading platform. Trader – Client whose Main Trading account is shown in Traders’ Rating. Traders' Rating – a special table which displays the latest aggregate information on registered Traders. Trading account – unique personified register of operations in the trading platform opened by the Client with the Company which records the Client’s and the Company’s obligations and liabilities arising out of transactions conducted under this Agreement. Trading interval – a period of time which starts as soon as Copy Trading has started or right after a Commission payment, and which ends right before the next Commission payment. Trading operation – buying or selling of an instrument by the Client. Trading platform – a set of software and hardware which provides information about trading in the financial markets in the real time mode, enables trading transactions, records mutual obligations of the Client and the Company and controls compliance with terms and restrictions. In simplified form for the purpose of this Agreement, it consists of Server, Client's terminal and Client’s Profile. Trading session – time interval during which the Company accepts and processes requests for conducting transactions with trading tools that are not traded 24 hours, and also releases flow of prices for these tools. Transaction – the whole range of trading operations when funds are transferred from base currency into the currency of a quote and vice versa. Volatility – instability, variability of market rates over a concrete period. Volume – a parameter of Copy settings for the “Copying a fixed size of each trade” which defines the volume of the trades to be copied onto the Copy Trader's account. It's measured in lots. Volume of trading operations – number of lots multiplied by a lot size.

Glossary. Advisor – Trading account's control algorithm in the form of a program in specialized language “MetaQuotes Language“, which sends requests and orders to the server using Client's Terminal. Amount to copy – a parameter of Copy settings which defines in monetary terms the maximum amount of equity that may be used for opening trades in the Copy Trader's account. Arbitrage transaction – an operation which consists in buying assets on one market and at the same time selling its counterpart on another market. It locks the difference in the value of these assets on different markets. It’s evident that the portfolio value remains roughly the same regardless of the further market movements, as the counter transactions cover each other. Next, as soon as the change in the price difference turns in Client’s favor, the counter arbitrage transaction is conducted in order to fix the profit. A transaction consisting only in buying (selling) financial assets on one market without selling (buying) them on another market can also be regarded as an arbitrage transaction, provided that there is a considerable price gap between the quotes of these interconnected markets at the moment of opening or closing the transaction. Ask – higher price of a quote; price at which the Client buys. Assets, total – Equity in the Main trading account shown in the Client’s Profile. Available for operations – Free margin in the Main Trading account. Balance – total result of all completed financial transactions and withdrawal/deposit operations. Base currency – currency of the account, in which all balances, commission fees and charges are denominated for both Client’s Terminal and Client’s Profile. Bid – lower price of a quote; price at which the Client sells. Client – individual or juridical entity, registered in the Client's Profile, conducting conversion arbitrage operations with the Company at the quotes provided by the Company. Client's log file – a file created in the Client's terminal which instantly records all requests and orders sent by the Client. Client's Profile – secure area at the Company’s official site designed to provide access to all main account operations and interaction between the Client and the Company in accordance with inbuilt software algorithm. Client's terminal – software version of MetaTrader x.xxx, with the help of which the Client can obtain online information about financial markets (to the extent determined by the Company), carry out technical analysis of markets, conduct trading operations, place, modify, delete orders and receive messages from the Company. Commission – a profit share expressed in monetary terms and transferred from the Copy Trader’s account to the Trader's account once every 24 hours automatically. Company – juridical entity, responsible for providing transactions execution and making payments to the Client in accordance with this Agreement. Company's working time – period of time during the working week, when the Trading Platform provides execution of transactions on standard currency contracts. Exceptions are weekends, holidays, temporary changes within the Company and intervals when service is not available due to technical reasons; in this case the Company shall assume measures to notify the Client of changes in the working hours and enable the Client to eliminate arising risks. Contract specifications – basic trading conditions (spread, lot size, minimum volume of trading operation, a step change in the volume of trading transactions, initial margin, margin for locked positions, etc.) for each instrument. Copy settings – parameters of the Copy Trader's account which define the rules of Copy trading. Copy Stop Terms – a parameter of Copy settings which defines the maximum amount of loss or profit in relation to Amount to copy. Once this level achieved, the Trader’s trades copied earlier are closed and Copying of new trades is suspended. Copy Trader – Client who copies Traders’ trades. Copying a fixed size of each trade – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is always identical to the volume pre-set in lots in Copy Settings. Copying a predefined percent of each trade – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is identical to a pre-set percentage of the volume of the respective trade on the Trader’s account. Copying in proportion to Copy Trader’s equity – a copy type that implies that the volume of a trade copied onto the Copy Trader's account is defined by the ratio of the Amount to Copy to the equity in the Trader’s account. Copying/Copy/Copy trading – opening/closure of a trade in the Copy Trader's account right after an opening/closure of a trade in the Trader’s account which has the same direction as the Trader's trade and whose parameters are dependent on Copy settings. Current price – the last actual price at the moment of processing the order. Current variation – unfixed profit or loss in all open trades in the Main Trading account. Developer – Company “MetaQuotes Software Corp”, the developer of the trading platform. Dormant account – is a Trading account whose Balance is less than or equal to 100 USD (or the equivalent in another currency), that has not had any balance operations for the past 60 (sixty) days, and that does not have any open trades. Equity – secured portion of the Client's deposit with the account of open positions which is bound to Balance and Floating (Profit/Loss) with the help of the following formula: Balance + Floating + Swap. These are the funds on the Client's account decreased by the amount of the current loss on the open positions and increased by the amount of the current profit on the open positions. Equity used – Margin in the Main Trading account. Flow of Quotes – sequence of quotes for each instrument in the trading platform. Force Majeure – events that cannot be foreseen and prevented. As a rule, these are: natural disasters, wars, acts of terrorism, acts of government, legislative or executive authorities, hacker attacks, and other unlawful acts against servers resulting in destabilization of the market(s) where of 1 or several trading instruments are traded. Free Margin – funds which are not used as margin for open positions. It is calculated as follows: Free Margin = Equity minus Margin. Full size copying 1 to 1 – а copy type that implies that the volume of a trade copied onto the Copy Trader's Account is equal to the volume of the respective trade in the Trader's account. Fully completed transaction – consists of two counter deals of similar size (opening and closing of a position): purchase with the subsequent sale or sale with subsequent purchase. Hedge Margin – deposit required by the Company to open and maintain hedged positions and indicated in contract specifications for each instrument. Main Trading Account – a Trading account used for Trading and Non-trading operations within the Client’s Profile and/or shown in Traders’ Rating. Margin – money deposit required by the Company to open and maintain positions. Margin interest is interest that the trader is charged for borrowing the Company’s money to open positions in cryptocurrency instruments. Margin Level – indication showing the state of the account. It is calculated as follows: (Equity/Margin)*100%. Xxxxxx Xxxxxxx – conducting of arbitrage operations with contracts on currencies in which the volume of open positions exceeds several times the size of the variation margin. Market Execution – Type of order execution when the Company makes a decision concerning the execution price without preliminary agreement with the Client. Sending a market order in this mode implies accepting beforehand a price at which the order will be executed. Market opening – resumption of trading after weekends, holidays or a break between trading sessions. Market sentiment – the ratio of a total “buy” or “sell” volume to a total volume of all positions in a given instrument expressed in percentage. Non-market quote (spike) – a quote which meets each of the following terms: significant price gap; return of the price within a short period of time to the initial level with a price gap; absence of fast price dynamics before this quote; lack of macro-economic developments and/or corporate news, having significant impact on the instrument rate at the moment when it turns up (the Company has the right to delete information about Spikes from the server's database). Non-trading operation – a process of funds depositing in a trading account (withdrawal of the funds from a trading account) or a process of granting (repayment) of credit, or distribution of funds to the accounts within the Client’s Profile. Normal market – see “Normal market conditions”. Normal market conditions – state of the market, satisfying each of the following conditions: absence of long breaks in the receipt of quotes to the trading platform; absence of fast price dynamics; lack of significant price gaps. Opened position – the result of the first part of a completed transaction. As a result the Client is obliged: to make an opposite transaction of the same volume and maintain Equity of his/her account not below the Stop Out level established for this type of account. Order – Client's instruction to the Company to open or close position when the price has reached the level of the order. Payment Currency – currency, in which deposits and withdrawals are executed Pending order – Client's instruction to the Company to open (close) position when the price reaches the level of the order. Percent of the volume – a parameter of Copy settings for the “Copying a predefined percent of each trade”. It represents a ratio (in %) of the volume of the trade copied onto the Copy Trader's account to the volume of the respective trade in the Trader’s account. It may vary from 1% to 10,000% in 1% increments. Personal Profile – account which contains the information required to identify a user when logging in to the system and the information necessary for authorization and records. Point – a low-order unit of a quote. Politically exposed person (PEP) is a natural person that plays an important societal role within a country or in the global arena. Politically exposed persons include current or former government employees, state companies' managers, politicians, and their relatives and close associates. Please consult our AML policies for more details on PEP identification methods. Price gap – either of two situations: Bid of the current quote is higher than Ask of the previous quote; Ask of the current quote is less than Bid of the previous quote. Price gap at the market opening – either of two situations: Bid of the opening market quote is higher than Ask of the closing market quote; Ask of the opening market quote is less than Bid of the closing market quote. Price of the order – price specified in the order Price prior to spike - closing price of a minute bar prior to the minute bar with Xxxxx. Profit sharing – a share (%) in the Copy Trader’s profit made over a completed trading period whose amount is determined by the Trader and which shall be paid into the Trader's account from the Copy Trader’s account as a Commission for Copy trading. Server – software of MetaTrader Server x.xxx, which processes Client's orders and requests, provides the Client with online information about trades in the financial markets (to the extent determined by the Company), keeps record of mutual obligations between the Client and the Company and controls compliance with terms and restrictions. Server's log file – a file created by the server which instantly records all requests and orders sent by the Client through the Trading platform, and the results of their processing. Size of lot – amount of base currency in one lot, defined in the contract specification. Xxxxx – see «Spike quote». Spread – difference between Ask and Bid quotes in pips. Statement – full list of completed transactions and non-trading operations on the trading account. Stop&Limit - a parameter which allows setting any type of pending order at the distance from a current price level equal to or higher than the value of this parameter expressed in points. Swap (swap - storage) – funds which are withheld or added to the Client's account for prolongation (suspension) of a position until next day. Ticket – unique identification number assigned to each open position or pending order in the trading platform. Trader – Client whose Main Trading account is shown in Traders’ Rating. Traders' Rating – a special table which displays the latest aggregate information on registered Traders. Trading account – unique personified register of operations in the trading platform opened by the Client with the Company which records the Client’s and the Company’s obligations and liabilities arising out of transactions conducted under this Agreement. Trading interval – a period of time which starts as soon as Copy Trading has started or right after a Commission payment, and which ends right before the next Commission payment. Trading operation – buying or selling of an instrument by the Client. Trading platform – a set of software and hardware which provides information about trading in the financial markets in the real time mode, enables trading transactions, records mutual obligations of the Client and the Company and controls compliance with terms and restrictions. In simplified form for the purpose of this Agreement, it consists of Server, Client's terminal and Client’s Profile. Trading session – time interval during which the Company accepts and processes requests for conducting transactions with trading tools that are not traded 24 hours, and also releases flow of prices for these tools. Transaction – the whole range of trading operations when funds are transferred from base currency into the currency of a quote and vice versa. Volatility – instability, variability of market rates over a concrete period. Volume – a parameter of Copy settings for the “Copying a fixed size of each trade” which defines the volume of the trades to be copied onto the Copy Trader's account. It's measured in lots. Volume of trading operations – number of lots multiplied by a lot size.