Common use of Margin Funds Clause in Contracts

Margin Funds. 3.1 The Company will enable making transactions in a Trading Account only as long as there are sufficient funds in the account to ensure that any results will be covered, including trading losses, commissions, fees owed or any other expense. Such payments will be automatically deducted from the Trading Account once payment is due. Funds in a Trading Account will not accumulate any interest nor will the client be awarded any privileges for such funds (other than rollover or swap interest as will be elaborated on below in article 8.9). 3.2 When trading in CFDs (Contracts For Difference), or any other trading which relates to an underline security, the client will not be granted any rights associated with ownership of the product traded on, such as rights to receive dividend payments, stock holders' voting rights, allocation or any other such privileges. Although void of any ownership rights the trading transactions themselves will be subject to adjustments triggered by events which impact the underlining security, such as stock price splits, further stock allocations, dividend distribution or any other relevant financial occurrence. 3.3 According to Anti-Money-Laundering laws and regulations, when making a deposit by bank transfer or credit card, the Client is required to use his/her own Bank account only. The Client must send the Company an authentic SWIFT confirmation, stating the full details of the transmitting Bank account. Non-delivery of the SWIFT confirmation or in case the details do not match to those of Trading Account, may prevent the funds from being deposited to the Trading Account. 3.4 When making a funds transfer to the Company by cheque or other payment methods permitted by the Company, the Client will be required to be identified according to the Company’s regulations and the applicable law. The Company does not accept funds in cash. 3.5 The Company will maintain and act in the Client Funds carefully. The Company shall have the right to use Client's funds to 'cover' the Client's transactions, to cover the Client's obligations as a result of the Client's trading activity and/or on according to the Company's sole discretion, subject to Company's contractual obligation to pay or refund money to the Client according to the terms of this Agreement. Determining the amount of Margin required and the Client's obligations towards the Company shall be according to the Company's sole discretion. 3.6 When withdrawing funds from the Trading Account by the Client, the withdrawal will be made in the same currency and to the same account and/or credit card from which the funds were originally deposited. The Company is allowed to cancel the withdrawal request in 5 business days if a Client does not provide the Company with the banking account details for a withdrawal through wire transfer. It must be a form of official document with stamp and logo of the Client`s Bank. The official document must include the following information: IBAN number/account number, SWIFT/BIC; routing number (if applies), Client name, Bank name and address. 3.7 The Client warrants and obligates that the Margin funds do not originate from any criminal or illegal activity and are without violation of Anti Money Laundering laws and regulations in the world. 3.8 The Company may, at any time and according to its sole discretion, block the activity in the Client's Trading Account if it suspects of any act of fraud, cheating, forgery and/or any breach of law or this Agreement by the Client. 3.9 The Client shall have no claim and/or demand against the Company and will not hold the Company responsible for any delay and/or differences in rates custom at financial institutions such as credit card Company's banks. 3.10 Withdrawal requests should be submitted through the Company's website. The Company does not obligate to process withdrawal requested transmitted by any other means. 3.11 In case of a withdrawal request made by the Client, the Company shall transfer the requested amount (less any transfer fees, if applicable) within Seven (7) Business Days following the day the Client was identified by the Company subject to the Margin requirements, as set by the Company, in full. 3.12 The Company is allowed to cancel the withdrawal request of the Client if, according to the Company's discretion: - the remaining balance (after the withdrawal) is not sufficient to guarantee the open trades in the Trading Account; - client is not verified by the Company. Client must provide full package of KYC documents (Identification card, Proof of address, Proof of payment: front card copy - showing only the last 4 digits, expiration date and credit card holder name; back card copy – Showing only last 4 credit card digits and your signature); - client did not provide the Company with signed in handwriting Declarations of Deposit for every deposit transaction, Bonus plan/Agreement (in case if Bonus was provided); Client must send required signed documents within the next 5 business days otherwise Client`s withdrawal request may be cancelled by the Company. 3.13 The Client hereby entitles the Company to collect from the Trading Account any fees payments owed to the Company. If the Client does not have sufficient funds to cover its liabilities, the Client must deposit additional funds immediately upon demand by the Company, otherwise the Company may close the transactions in the Client's Account. 3.14 The Company shall not provide physical evidence in relation to any Transaction. Profits and/or losses will be considered as completed only after the Transaction is closed.

Margin Funds. 3.1 The Company company will enable making transactions in a Trading Account trading account only as long as there are sufficient funds in the account to ensure that any results will be covered, including trading losses, commissions, fees owed or any other expense. Such payments will be automatically deducted from the Trading Account trading account once payment is due. Funds in a Trading Account trading account will not accumulate any interest nor will the client be awarded any privileges for such funds (other than rollover or swap interest as will be elaborated on below in article 8.9). 3.2 When trading in CFDs (Contracts For Difference), or any other trading which relates to an underline security, the client will not be granted any rights associated with ownership of the product traded on, such as rights to receive dividend payments, stock holders' voting rights, allocation or any other such privileges. Although void of any ownership rights the trading transactions themselves will be subject to adjustments triggered by events which impact the underlining security, such as stock price splits, further stock allocations, dividend distribution or any other relevant financial occurrence. 3.3 According to Anti-Money-Laundering laws and regulations, when making a deposit by bank transfer or credit card, the Client is required to use his/her own Bank account only. The Client must send the Company an authentic SWIFT confirmation, stating the full details of the transmitting Bank account. Non-delivery of the SWIFT confirmation or in case the details do not match to those of Trading Account, may prevent the funds from being deposited to the Trading Account. 3.4 When making a funds transfer to the Company by cheque or other payment methods permitted by the Company, the Client will be required to be identified according to the Company’s regulations and the applicable law. The Company does not accept funds in cash. 3.5 The Company will maintain and act in the Client Funds carefully. The Company shall have the right to use Client's funds to 'cover' the Client's transactions, to cover the Client's obligations as a result of the Client's trading activity and/or on according to the Company's sole discretion, subject to Company's contractual obligation to pay or refund money to the Client according to the terms of this Agreement. Determining the amount of Margin required and the Client's obligations towards the Company shall be according to the Company's sole discretion. 3.6 When withdrawing funds from the Trading Account by the Client, the withdrawal will be made in the same currency and to the same account and/or credit card from which the funds were originally deposited, unless the Company has decided, according to its sole discretion, to transfer the funds to a different account. The Company is allowed to cancel the withdrawal request in 5 business days if a Client does not provide the Company with the banking account details for a withdrawal through wire transfer. It must be a form of official document with stamp and logo of the Client`s Bank. The official document must include the following information: IBAN number/account number, SWIFT/BIC; routing number (if applies), Client name, Bank name and address. 3.7 The Client warrants and obligates that the Margin funds do not originate from any criminal or illegal activity and are without violation of Anti Money Laundering laws and regulations in the world. 3.8 The Company may, at any time and according to its sole discretion, block the activity in the Client's Trading Account if it suspects of any act of fraud, cheating, forgery and/or any breach of law or this Agreement by the Client. 3.9 The Client shall have no claim and/or demand against the Company and will not hold the Company responsible for any delay and/or differences in rates custom at financial institutions such as credit card Company's banks. 3.10 Withdrawal requests should be submitted through the Company's website. The Company does not obligate to process withdrawal requested transmitted by any other means. 3.11 In case of a withdrawal request made by the Client, the Company shall transfer the requested amount (less any transfer fees, if applicable) within Seven (7) Business Days following the day the Client was identified by the Company subject to the Margin requirements, as set by the Company, in full. 3.12 The Company is allowed to cancel the withdrawal request of the Client if, according to the Company's discretion: - the remaining balance (after the withdrawal) is not sufficient to guarantee the open trades in the Trading Account; - client is not verified by the Company. Client must provide full package of KYC documents (Identification card, Proof of address, Proof of payment: front card copy - showing only the last 4 digits, expiration date and credit card holder name; back card copy – Showing only last 4 credit card digits and your signature); - client did not provide the Company with signed in handwriting Declarations of Deposit for every deposit transaction, Bonus plan/Agreement agreement (in case if Bonus was provided); Client must send required signed documents within the next 5 business days otherwise Client`s withdrawal request may be cancelled by the Company. 3.13 The Client hereby entitles the Company to collect from the Trading Account any fees payments owed to the Company. If the Client does not have sufficient funds to cover its liabilities, the Client must deposit additional funds immediately upon demand by the Company, otherwise the Company may close the transactions in the Client's Account. 3.14 The Company shall not provide physical evidence in relation to any Transaction. Profits and/or losses will be considered as completed only after the Transaction is closed.

Margin Funds. 3.1 The Company will enable making As a condition for performing transactions in a Trading Account only as long as there are the Company’s Platform, the Client must provide to the Company sufficient funds margin to secure the results of the trading in the account to ensure that any results will account. The Funds shall be coveredused as for Transactions, including trading lossesLosses, commissions, fees owed or commissions and/or any other expense. Such payments fee owed by the Client to the Company, which will be automatically deducted from the Client’s Trading Account once payment is dueAccount. The Client’s Funds in a Trading Account will shall not accumulate any interest nor will the client be awarded any privileges for such funds (other than rollover or swap interest as will be elaborated on below in article 8.9). 3.2 When trading in CFDs (Contracts For Difference), or any other rights (except for rollover or swaps interest, as defined below). Trading in CFD’s (Contracts for Differences), binary options or other trading which relates methods that relate to an underline security, shall not grant the client will not be granted Client any rights associated with ownership of the product traded onright to dividends, such as rights to receive dividend payments, stock holders' voting rightsvoting, allocation or any other such privileges. Although void of any ownership rights the trading transactions themselves will Benefits, but may be subject to adjustments triggered by according to financial events which impact affect the underlining security, such as distribution of dividends, stock price splitssplits etc. 3.2 Deposits of funds to the Company is available by different methods of payment and in different currencies as agreed upon by the Company from time to time, further stock allocationsand the Trading Account shall be converted and managed in the Trading Platform in US Dollars or Euro, dividend distribution as applicable, according to the exchange rate determined by the Company according to the such rates as published in the same day. The Company uses funds clearing and transfer solutions of different suppliers, and may receive or any other relevant financial occurrencetransfer the funds through a third party, subject to the applicable law. 3.3 According to Anti-Money-Laundering laws and regulations, when making a deposit by bank transfer or credit card, the Client is required to use his/her own Bank account only. The Client must send the Company an authentic SWIFT confirmation, stating the full details of the transmitting Bank account. Non-delivery of the SWIFT confirmation or in case the details do not match to those of Trading Account, may prevent the funds from being deposited to the Trading Account. 3.4 When making a funds transfer to the Company by cheque or other payment methods permitted by the Company, the Client will be required to be identified according to the Company’s regulations and the applicable law. The Company does not accept funds in cash. 3.5 The Company company will maintain and act in the Client client Funds carefully. The Company shall have the right to use Client's ’s funds to '‘cover' ’ the Client's ’s transactions, to cover the Client's ’s obligations as a result of the Client's ’s trading activity and/or on according to the Company's ’s sole discretion, subject to Company's contractual obligation to pay or refund money to the Client according to the terms of this Agreement. Determining the amount of Margin required and the Client's obligations towards the Company shall be according to the Company's sole discretion., 3.6 When withdrawing funds from the Trading Account by the Client, the withdrawal will be made in the same currency and to the same account and/or credit card from which the funds were originally deposited. The Company is allowed to cancel the withdrawal request in 5 business days if a Client does not provide , unless the Company with the banking account details for a withdrawal through wire transfer. It must be a form of official document with stamp and logo of the Client`s Bank. The official document must include the following information: IBAN number/account numberhas decided, SWIFT/BIC; routing number (if applies), Client name, Bank name and address. 3.7 The Client warrants and obligates that the Margin funds do not originate from any criminal or illegal activity and are without violation of Anti Money Laundering laws and regulations in the world. 3.8 The Company may, at any time and according to its sole discretion, block the activity in the Client's Trading Account if it suspects of any act of fraud, cheating, forgery and/or any breach of law or this Agreement by the Client. 3.9 The Client shall have no claim and/or demand against the Company and will not hold the Company responsible for any delay and/or differences in rates custom at financial institutions such as credit card Company's banks. 3.10 Withdrawal requests should be submitted through the Company's website. The Company does not obligate to process withdrawal requested transmitted by any other means. 3.11 In case of a withdrawal request made by the Client, the Company shall transfer the requested amount (less any transfer fees, if applicable) within Seven (7) Business Days following the day the Client was identified by the Company subject to the Margin requirements, as set by the Company, in full. 3.12 The Company is allowed to cancel the withdrawal request of the Client if, according to the Company's discretion: - the remaining balance (after the withdrawal) is not sufficient to guarantee the open trades in the Trading Account; - client is not verified by the Company. Client must provide full package of KYC documents (Identification card, Proof of address, Proof of payment: front card copy - showing only the last 4 digits, expiration date and credit card holder name; back card copy – Showing only last 4 credit card digits and your signature); - client did not provide the Company with signed in handwriting Declarations of Deposit for every deposit transaction, Bonus plan/Agreement (in case if Bonus was provided); Client must send required signed documents within the next 5 business days otherwise Client`s withdrawal request may be cancelled by the Company. 3.13 The Client hereby entitles the Company to collect from the Trading Account any fees payments owed to the Company. If the Client does not have sufficient funds to cover its liabilities, the Client must deposit additional funds immediately upon demand by the Company, otherwise the Company may close the transactions in the Client's Accounta different account. 3.14 The Company shall not provide physical evidence in relation to any Transaction. Profits and/or losses will be considered as completed only after the Transaction is closed.