Common use of ISLAMIC ACCOUNTS Clause in Contracts

ISLAMIC ACCOUNTS. We offer the possibility to open Islamic (Swap-free) Accounts with us. Swap-free trading accounts are available only to those Private Investors who cannot use swaps owing to their religious beliefs. Accordingly, in all instances where a request for an Islamic (Swap-free) Account is received by us, we reserve the right to request adequate justification for and/or proof of the necessity or need of any such conversion. Furthermore, we reserve the right to refuse the processing of any such request for any reason whatsoever, without being obliged to provide any explanation or justification. If a Private Investor files a request for an Islamic (Swap-free) trading account at any time, the filing of any such request entails that all of such Private Investor’s other real trading Accounts with us will be converted into Swap-free trading accounts also, without any further notice being required. Conversion of a real trading Account to a Swap-free trading account is performed by our Support Department only upon the request and consent of those Private Investors who complete and submit a request for an Islamic (Swap-free) Account. Upon the receipt of such a duly signed and executed request, we shall evaluate the request and any ancillary documentation submitted to us and shall inform the Private Investor who requested the conversion by email whether the request is accepted or not. Private Investors are not allowed to use Swap-free Accounts to make profits from Swaps and may not request the payment of any Swap amounts that have been lost as a result of converting their real trading Account(s) into one or more Swap-free Account(s) for the period during which their real trading Account(s) has/have been converted into one or more Swap-free account(s). We reserve the right to revoke the Swap-free status granted to any real trading Account at any time without being obliged to provide any explanation or justification. Furthermore, in the event that we detect any form of abuse, fraud, manipulation, cash-back arbitrage, carry trades, or other forms of deceitful or fraudulent activity in regard to any Swap-free Account of any Private Investor, we reserve the right, at any time, (a) with immediate effect, to revoke the Swap-free status from any and all real trading Accounts of such Private Investor that have been converted to a Swap-free trading Account; (b) to correct and recover any un-accrued Swaps and any related un-accrued interest expenses and or costs pertaining to any and all of such Private Investor’s Swap-free trading Accounts during the period for which such Accounts were converted into Swap-free trading Accounts; and/or (c), with immediate effect, to close all trading Accounts of such Private Investor with us, nullify all trades carried out in such Private Investor’s trading Accounts with us and cancel and all profits or losses garnered in such Private Investor’s trading Accounts with us.

ISLAMIC ACCOUNTS. We offer the possibility to open Islamic (Swap-free) Accounts with us. Swap-free trading accounts are available only to those Private Investors who cannot use swaps owing to their religious beliefs. Accordingly, in all instances where a request for an Islamic (Swap-free) Account is received by us, we reserve the right to request adequate justification for and/or proof of the necessity or need of any such conversion. Furthermore, we reserve the right to refuse the processing of any such request for any reason whatsoever, without being obliged to provide any explanation or justification. If a Private Investor files a request for an Islamic (Swap-free) trading account at any time, the filing of any such request entails that all of such Private Investor’s other real trading Accounts with us will be converted into Swap-free trading accounts also, without any further notice being required. Conversion of a real trading Account to a Swap-free trading account is performed by our Support Department only upon the request and consent of those Private Investors who complete and submit a request for an Islamic (Swap-free) Account. Upon the receipt of such a duly signed and executed request, we shall evaluate the request and any ancillary documentation submitted to us and shall inform the Private Investor who requested the conversion by email whether the request is accepted or not. Private Investors are not allowed to use Swap-free Accounts to make profits from Swaps and may not request the payment of any Swap amounts that have been lost as a result of converting their real trading Account(s) into one or more Swap-free Account(s) for the period during which their real trading Account(s) has/have been converted into one or more Swap-free account(s). We reserve the right to revoke the Swap-free status granted to any real trading Account at any time without being obliged to provide any explanation or justification. Furthermore, in the event that we detect any form of abuse, fraud, manipulation, cash-back arbitrage, carry trades, or other forms of deceitful or fraudulent activity in regard to any Swap-free Account of any Private Investor, we reserve the right, at any time, (a) with immediate effect, to revoke the Swap-free status from any and all real trading Accounts of such Private Investor that have been converted to a Swap-free trading Account; (b) to correct and recover any un-accrued Swaps and any related un-accrued interest expenses and or costs pertaining to any and all of such Private Investor’s Swap-free trading Accounts during the period for which such Accounts were converted into Swap-Swap- free trading Accounts; and/or (c), with immediate effect, to close all trading Accounts of such Private Investor with us, nullify all trades carried out in such Private Investor’s trading Accounts with us and cancel and all profits or losses garnered in such Private Investor’s trading Accounts with us.

ISLAMIC ACCOUNTS. We offer The company offers the client the possibility to open Islamic (Swap-free) Accounts with us. Swap-free trading accounts are available only to those Private Investors clients who cannot use swaps owing to under the terms of their religious beliefsbelief, which underlines the principle of not earning or paying swaps or to any other person(s) upon request. Accordingly, in all instances In any case where a request for an Islamic (Swap-free) Account is received by filed with us, the relevant Agreement must be completed and signed, and we reserve the right to request adequate to receive the relevant justification for and/or proof of supporting the necessity or need of any such conversionrequest. FurthermoreAdditionally, we reserve the right to refuse the processing of any such request for any reason whatsoever, without being obliged to provide any explanation or justificationjustification from our side. If a Private Investor files a request for an Islamic (Swap-free) trading account at any time, the filing of any such request entails that all of such Private Investor’s other real trading Accounts with us will be converted into Swap-free trading accounts also, without any further notice being required. Conversion of a real trading Account to a Swap-free trading account is performed by our Support Department only upon the request and consent of those Private Investors who complete and submit a request for an Islamic (Swap-free) Account. Upon the receipt of such a duly signed and executed request, we shall evaluate the request and any ancillary documentation submitted to us and shall inform the Private Investor who requested the conversion by email whether the request is accepted or not. Private Investors Clients are not allowed to use Swap-free Swap Free Accounts to make profits from Swaps swaps and may not request the payment of any Swap amounts swap amount(s) that have been lost as a result of converting their real trading Account(saccount(s) into one or more Swap-free Free Account(s) for the period during which their real trading Account(saccount(s) has/has or have been converted into one or more Swap-free account(sSwap Free Account(s). We reserve the right to revoke the Swap-free status granted to will not charge any real trading Account at any time without being obliged to provide any explanation interest or justificationovernight financing costs in respect of a Swap Free Account(s). Furthermore, in In the event that we detect any form of abuse, fraudfraud or manipulation or any form(s) of deceitful, manipulation, cash-back arbitrage, carry trades, or other forms of deceitful arbitrage or fraudulent activity in regard regards to any Swap-free Account Swap Free Account(s) of any Private Investor, of our clients we reserve the right, right at any time, (a) with immediate effect, to revoke the Swap-free status from any and all real trading Accounts of such Private Investor that have been converted to a Swap-free trading Account; (b) to correct and recover any un-accrued Swaps and any related un-accrued interest expenses and or costs pertaining to any and all of such Private Investor’s Swap-free trading Accounts during the period for which such Accounts were converted into Swap-free trading Accounts; and/or (c)given time to, with immediate effect, to close all trading Accounts effect revoke the Swap Free Account(s) of such Private Investor with usclient(s) and to cease offering without prior notice to you. Should we have reasonable grounds to believe that you have breached these Terms in any way we may impose one of the following but not limited to: Treat any relevant transaction as void; Retain any profits deriving from such a transaction; Convert your Swap Free Account to a Standard Account The client acknowledges and accepts that the Company, nullify all trades carried out in such Private Investor’s trading Accounts with us and cancel and all profits or losses garnered in such Private Investor’s trading Accounts with us.its sole discretion, has the right to terminate the swap‐free arrangement on his/her Account(s) at any time by giving not less than five

ISLAMIC ACCOUNTS. We offer offer the possibility to open Islamic (Swap-free) Accounts with us. Swap-free trading accounts are available only to those Private Investors who cannot use swaps owing to their religious beliefs. Accordingly, in all instances where a request for an Islamic (Swap-free) Account is received by us, we reserve the right to request adequate justification justification for and/or proof of the necessity or need of any such conversion. Furthermore, we reserve the right to refuse the processing of any such request for any reason whatsoever, without being obliged to provide any explanation or justificationjustification. If a Private Investor files files a request for an Islamic (Swap-free) trading account at any time, the filing filing of any such request entails that all of such Private Investor’s other real trading Accounts with us will be converted into Swap-free trading accounts also, without any further notice being required. Conversion of a real trading Account to a Swap-free trading account is performed by our Support Department only upon the request and consent of those Private Investors who complete and submit a request for an Islamic (Swap-free) Account. Upon the receipt of such a duly signed and executed request, we shall evaluate the request and any ancillary documentation submitted to us and shall inform the Private Investor who requested the conversion by email whether the request is accepted or not. Private Investors are not allowed to use Swap-free Accounts to make profits profits from Swaps and may not request the payment of any Swap amounts that have been lost as a result of converting their real trading Account(s) into one or more Swap-free Account(s) for the period during which their real trading Account(s) has/have been converted into one or more Swap-free account(s). We reserve the right to revoke the Swap-free status granted to any real trading Account at any time without being obliged to provide any explanation or justificationjustification. Furthermore, in the event that we detect any form of abuse, fraud, manipulation, cash-back arbitrage, carry trades, or other forms of deceitful or fraudulent activity in regard to any Swap-free Account of any Private Investor, we reserve the right, at any time, (a) with immediate effecteffect, to revoke the Swap-free status from any and all real trading Accounts of such Private Investor that have been converted to a Swap-free trading Account; (b) to correct and recover any un-accrued Swaps and any related un-accrued interest expenses and or costs pertaining to any and all of such Private Investor’s Swap-free trading Accounts during the period for which such Accounts were converted into Swap-free trading Accounts; and/or (c), with immediate effecteffect, to close all trading Accounts of such Private Investor with us, nullify all trades carried out in such Private Investor’s trading Accounts with us and cancel and all profits profits or losses garnered in such Private Investor’s trading Accounts with us.

ISLAMIC ACCOUNTS. We offer the possibility to open Islamic (Swap-free) Accounts with us. Swap-free trading accounts are available only to those Private Investors clients who cannot use swaps owing to their religious beliefs. Accordingly, in all instances where a request for an Islamic (Swap-free) Account is received by us, we reserve the right to request adequate justification for and/or proof of the necessity or need of any such conversion. Furthermore, we reserve the right to refuse the processing of any such request for any reason whatsoever, without being obliged to provide any explanation or justification. If a Private Investor client may files a request for an Islamic (Swap-free) trading account at any time, the filing of any such request entails that all of such Private Investorclient’s other real trading Accounts with us will be converted into Swap-free trading accounts also, without any further notice being required. Conversion of a real trading Account to a Swap-free trading account is performed by our Support Department only upon the request and consent of those Private Investors clients who complete and submit a request for an Islamic (Swap-free) Account. Upon the receipt of such a duly signed and executed request, we shall evaluate the request and any ancillary documentation submitted to us and shall inform the Private Investor client who requested the conversion by email e-mail whether the request is accepted or not. Private Investors Clients are not allowed to use Swap-free Accounts to make profits from Swaps and may not request the payment of any Swap amounts that have been lost as a result of converting their real trading Account(s) into one or more Swap-free Account(s) for the period during which their real trading Account(s) has/have been converted into one or more Swap-free account(s). We reserve the right to revoke the Swap-free status granted to any real trading Account at any time without being obliged to provide any explanation or justification. Furthermore, in the event that we detect any form of abuse, fraud, manipulation, cash-back arbitrage, carry trades, or other forms of deceitful or fraudulent activity in regard to any Swap-free Account of any Private Investorclient, we reserve the right, at any time, (a) with immediate effect, to revoke the Swap-free status from any and all real trading Accounts of such Private Investor client that have been converted to a Swap-free trading Account; (b) to correct and recover any un-accrued Swaps and any related un-accrued interest expenses and or costs pertaining to any and all of such Private Investorclient’s Swap-free trading Accounts during the period for which such Accounts were converted into Swap-free trading Accounts; and/or (c), with immediate effect, to close all trading Accounts of such Private Investor client with us, nullify all trades carried out in such Private Investorclient’s trading Accounts with us and cancel and all profits or losses garnered in such Private Investorclient’s trading Accounts with us.