Common use of MARGIN TRADES Clause in Contracts

MARGIN TRADES. 6.1 On the date of the opening of a Margin Trade between the Company and the Customer, the Company may require the Customer to have margin on the Account at least equivalent to the Company's initial margin requirement. 6.2 The Company’s margin requirement shall apply throughout the term of the Margin Trade. It is the Customer's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company shall notify the Customer if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the Company's margin requirement, the Customer is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Company. Even if the Customer takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the Company, the Company may close one, several or all of the Customer's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the Customer's account at its sole discretion without assuming any responsibility towards the Customer for such action. 6.3 If the Company due to insufficient margin; Clause 6.2, may close one, several or all of the Customer's Margin Trades, the Customer shall expect, unless otherwise agreed and confirmed by the Company that all of the Customer's open Margin Trades will be closed. 6.4 If the Customer has opened more than one Account, the Company is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company’s general margin requirements for different types of Margin Trades are displayed on the Company's web site. However, the Company reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 The Customer is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company is not allowed to close the Margin Trade at its discretion but only at the Customer's instruction or according to the Company's rights under this Agreement. However, will increase the margin requirements if the Company considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company Tickmill Ltd and the CustomerClient, the Company Tickmill Ltd may require the Customer Client to have margin on the Account at least equivalent to the CompanyTickmill Ltd's initial margin requirement. 6.2 The Company8.2 Tickmill Ltd’s margin requirement shall apply throughout the term of the Margin Trade. It is the CustomerClient's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company Tickmill Ltd shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the CompanyTickmill Ltd's margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Company. Tickmill Ltd. Even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the CompanyTickmill Ltd, the Company Tickmill Ltd may close one, several or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company Tickmill Ltd due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company Tickmill Ltd that all of the CustomerClient's open Margin Trades will be closed. 6.4 8.4 If the Customer Client has opened more than one Account, the Company Tickmill Ltd is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company8.5 Tickmill Ltd’s general margin requirements for different types of Margin Trades are displayed on the CompanyTickmill Ltd's web site. However, the Company Tickmill Ltd reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.6 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company Tickmill Ltd is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the CompanyTickmill Ltd's rights under this Agreement. However, Tickmill Ltd will increase the margin requirements if the Company Tickmill Ltd considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company Aglobe Investments Ltd and the CustomerClient, the Company Aglobe Investments Ltd may require the Customer Client to have margin on the Account at least equivalent to the Company's Aglobe Investments Ltd `s initial margin requirement. 6.2 The Company8.2 Aglobe Investments Ltd ’s margin requirement shall apply throughout the term of the Margin Trade. It is the Customer's Client`s responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company Aglobe Investments Ltd shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the Company's Aglobe Investments Ltd `s margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the CompanyAglobe Investments Ltd . Even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the CompanyAglobe Investments Ltd, the Company Aglobe Investments Ltd may close one, several or all of the Customer's Client`s Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the Customer's Client`s account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company Aglobe Investments Ltd due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the Customer's Client`s Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company Aglobe Investments Ltd that all of the Customer's Client`s open Margin Trades will be closed. 6.4 8.4 If the Customer Client has opened more than one Account, the Company Aglobe Investments Ltd is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company8.5 Aglobe Investments Ltd ’s general margin requirements for different types of Margin Trades are displayed on the Company's web siteAglobe Investments Ltd `s website. However, the Company Aglobe Investments Ltd reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.6 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company Aglobe Investments Ltd is not allowed to close the Margin Trade at its discretion but only at the Customer's Client`s instruction or according to the Company's Aglobe Investments Ltd `s rights under this Agreement. However, Aglobe Investments Ltd will increase the margin requirements if the Company Aglobe Investments Ltd considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company U TRADE MARKETS and the CustomerClient, the Company U TRADE MARKETS may require the Customer Client to have margin on the Account at least equivalent to the CompanyU TRADE MARKETS's initial margin requirement. 6.2 The Company8.2 U TRADE MARKETS’s margin requirement shall apply throughout the term of the Margin Trade. It is the CustomerClient's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company U TRADE MARKETS shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the CompanyU TRADE MARKETS's margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the CompanyU TRADE MARKETS. Even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the CompanyU TRADE MARKETS, the Company U TRADE MARKETS may close one, several or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company U TRADE MARKETS due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company U TRADE MARKETS that all of the CustomerClient's open Margin Trades will be closed. 6.4 8.4 If the Customer Client has opened more than one Account, the Company U TRADE MARKETS is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company8.5 U TRADE MARKETS’s general margin requirements for different types of Margin Trades are displayed on the CompanyU TRADE MARKETS's web site. However, the Company U TRADE MARKETS reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.6 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company U TRADE MARKETS is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the CompanyU TRADE MARKETS's rights under this Agreement. However, U TRADE MARKETS will increase the margin requirements if the Company U TRADE MARKETS considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company Tickmill Ltd and the CustomerClient, the Company Tickmill Ltd may require the Customer Client to have margin on the Account at least equivalent to the CompanyTickmill Ltd's initial margin requirement. 6.2 The Company8.2 Tickmill Ltd’s margin requirement shall apply throughout the term of the Margin Trade. It is the CustomerClient's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company Tickmill Ltd shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the CompanyTickmill Ltd's margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Company. Tickmill Ltd. Even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the CompanyTickmill Ltd, the Company Tickmill Ltd may close one, several or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company Tickmill Ltd due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company Tickmill Ltd that all of the CustomerClient's open Margin Trades will be closed. 6.4 8.4 The Client understands and agrees that Tickmill Ltd may optimize a “Dynamic Leverage” tool to adjust the client’s leverage. “Dynamic Leverage”, is a mechanism that’s used to adapt the amount of leverage based on Client’s specific trade position. The amount of leverage for Cient’s trade is based on the leverage ratio, that being 1:1000. This measures the total exposure compared to the capital needed, also known as a margin. The Client understands and agrees that dynamic leverage, automatically adjusts depending on the notional volume of Client’s trade. Thus, the higher the volume of Client’s trade, the lower the leveraged amount – and vice versa. The Client understands and agrees that the higher amounts of leverage create more risk for the Client and may also result in larger profits but also larger losses, if not all loss on invested amount(s), as such Client accepts the high risk related to trading with high leverage, including the acceptance that dynamic leverage may automatically adopt to the amount of leverage required in real time, based on trading positions, and may differ depending on volume and/or type of instrument traded and/or risk profile associated with relevant financial instrument or asset class. 8.5 If the Customer Client has opened more than one Account, the Company Tickmill Ltd is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company8.6 Tickmill Ltd’s general margin requirements for different types of Margin Trades are displayed on the CompanyTickmill Ltd's web site. However, the Company Tickmill Ltd reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.7 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company Tickmill Ltd is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the CompanyTickmill Ltd's rights under this Agreement. However, Tickmill Ltd will increase the margin requirements if the Company Tickmill Ltd considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company EVA MARKETS and the CustomerClient, the Company EVA MARKETS may require the Customer Client to have margin on the Account at least equivalent to the CompanyEVA MARKETS's initial margin requirement. 6.2 The Company8.2 EVA MARKETS’s margin requirement shall apply throughout the term of the Margin Trade. It is the CustomerClient's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company EVA MARKETS shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the CompanyEVA MARKETS's margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the CompanyEVA MARKETS. Even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the CompanyEVA MARKETS, the Company EVA MARKETS may close one, several or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company EVA MARKETS due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company EVA MARKETS that all of the CustomerClient's open Margin Trades will be closed. 6.4 8.4 If the Customer Client has opened more than one Account, the Company EVA MARKETS is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company8.5 EVA MARKETS’s general margin requirements for different types of Margin Trades are displayed on the CompanyEVA MARKETS's web site. However, the Company EVA MARKETS reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.6 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company EVA MARKETS is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the CompanyXXX MARKETS's rights under this Agreement. However, EVA MARKETS will increase the margin requirements if the Company EVA MARKETS considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company Tickmill Asia Ltd and the CustomerClient, the Company Tickmill Asia Ltd may require the Customer Client to have margin on the Account at least equivalent to the CompanyTickmill Asia Ltd's initial margin requirement. 6.2 The Company8.2 Tickmill Asia Ltd’s margin requirement shall apply throughout the term of the Margin Trade. It is the CustomerClient's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company Tickmill Asia Ltd shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the CompanyTickmill Asia Ltd's margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Company. Tickmill Asia Ltd. Even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the CompanyTickmill Asia Ltd, the Company Tickmill Asia Ltd may close one, several or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company Tickmill Asia Ltd due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company Tickmill Asia Ltd that all of the CustomerClient's open Margin Trades will be closed. 6.4 8.4 If the Customer Client has opened more than one Account, the Company Tickmill Asia Ltd is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company8.5 Tickmill Asia Ltd’s general margin requirements for different types of Margin Trades are displayed on the CompanyTickmill Asia Ltd's web site. However, the Company Tickmill Asia Ltd reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.6 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company Tickmill Asia Ltd is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the CompanyTickmill Asia Ltd's rights under this Agreement. However, Tickmill Asia Ltd will increase the margin requirements if the Company Tickmill Asia Ltd considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company ZAINFX FINCROP LTD and the CustomerClient, the Company ZAINFX FINCROP LTD may require the Customer Client to have margin on the Account at least equivalent to the Company's ZAINFX FINCROP LTD initial margin requirement. 6.2 The Company’s 8.2 ZAINFX FINCROP LTD margin requirement shall apply throughout the term of the Margin Trade. It is the CustomerClient's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company ZAINFX FINCROP LTD shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the Company's ZAINFX FINCROP LTD margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the CompanyZAINFX FINCROP LTD. Even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the Company, the Company ZAINFX FINCROP LTD may close one, several or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company ZAINFX FINCROP LTD due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company ZAINFX FINCROP LTD that all of the CustomerClient's open Margin Trades will be closed. 6.4 8.4 If the Customer Client has opened more than one Account, the Company ZAINFX FINCROP LTD is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company’s 8.5 ZAINFX FINCROP LTD general margin requirements for different types of Margin Trades are displayed on the Company's ZAINFX FINCROP LTD web site. However, the Company ZAINFX FINCROP LTD reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.6 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company ZAINFX FINCROP LTD is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the Company's ZAINFX FINCROP LTD rights under this Agreement. However, ZAINFX FINCROP LTD will increase the margin requirements if the Company ZAINFX FINCROP LTD considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. ‌ 6.1 On the date of the opening of a Margin Trade between the Company and the Customer, the Company may require the Customer to have margin on the Account at least equivalent to the Company's initial margin requirement. 6.2 The Company’s margin requirement shall apply throughout the term of the Margin Trade. It is the Customer's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company shall notify the Customer if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the Company's margin requirement, the Customer is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Company. Even if the Customer takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the Company, the Company may close one, several or all of the Customer's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the Customer's account at its sole discretion without assuming any responsibility towards the Customer for such action. 6.3 If the Company due to insufficient margin; Clause 6.2, may close one, several or all of the Customer's Margin Trades, the Customer shall expect, unless otherwise agreed and confirmed by the Company that all of the Customer's open Margin Trades will be closed. 6.4 If the Customer has opened more than one Account, the Company is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company’s general margin requirements for different types of Margin Trades are displayed on the Company's web site. However, the Company reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 The Customer is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company is not allowed to close the Margin Trade at its discretion but only at the Customer's instruction or according to the Company's rights under this Agreement. However, will increase the margin requirements if the Company considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company Bofinassets and the CustomerClient, the Company Bofinassets may require the Customer Client to have margin on the Account at Accountat least equivalent to the CompanyBofinassets's initial margin requirement. 6.2 The Company8.2 Bofinassets’s margin requirement shall apply throughout the term of the Margin Trade. It is the CustomerClient's responsibility continuously xxxxx nuously to ensure that sufficient thatsufficient margin is available on the Account at any time. If practicably possible the Company Bofinassets shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the CompanyBofina ssets's margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the CompanyBofinas sets. Even if the Customer takes steps Client takessteps to reduce the size of open Margin Trades or to transfer sufficient funds to the CompanyBofinassets, the Company Bofinassets may close one, several sev eral or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company Bofinassets due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise unlessotherwise agreed and confirmed by the Company Xxxxxxxxxxx that all of the CustomerClient's open Margin Trades will be closed. 6.4 8.4 If the Customer Client has opened more than one Account, the Company Xxxxxxxxxxx is entitled to transfer money or Security from one Account to another, even if such transfer suchtransfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company8.5 Bofinassets’s general margin requirements for different types of Margin Trades are displayed on the CompanyBofinassets's web site. However, the Company reserves the Bofinassets reservesthe right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.6 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company Bofinassets is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the CompanyXxxxxxxxxxx's rights under rightsunder this Agreement. However, Bofinassets will increase the margin requirements if the Company Xxxxxxxxxxx considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 On the date of the opening of a Margin Trade between the Company and the CustomerClient, the Company Bluesuisse Markets Limited may require the Customer Client to have margin on the Account at least equivalent to the Company's initial margin requirement. 6.2 . The Company’s Company margin requirement shall apply throughout the term of the Margin Trade. It is the CustomerClient's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the Company's margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Company. Even Company even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the Company, the Company may close one, several or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 . If the Company due to insufficient margin; , cf. Clause 6.210, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company that all of the CustomerClient's open Margin Trades will be closed. 6.4 . If the Customer Client has opened more than one Account, the Company is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 . The Company’s Company general margin requirements for different types of Margin Trades are displayed on the Company's web site. However, the Company reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 The Customer Client is specifically made aware that the margin requirements are subject to change Change without notice. When a Margin Trade has been opened, the Company Bluesuisse Markets Limited is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the Company's ’s rights under this Agreement. However, the Company will increase the margin requirements if the Company considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 On the date of the opening of a Margin Trade between the Company and the Customer, the Company may require the Customer to have margin on the Account at least equivalent to the Company's initial margin requirement. 6.2 The Company’s margin requirement shall apply throughout the term of the Margin Trade. It is the Customer's responsibility to continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company shall notify the Customer if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the Company's margin requirement, the Customer is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Company. Even if the Customer takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the Company, the Company may close one, several or all of the Customer's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the Customer's account at its sole discretion without assuming any responsibility towards the Customer for such action. 6.3 If the Company due to insufficient margin; Clause 6.2, may close one, several or all of the Customer's Margin Trades, the Customer shall expect, unless otherwise agreed and confirmed by the Company Company, that all of the Customer's open Margin Trades will be closed. 6.4 If the Customer has opened more than one Account, the Company is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company’s general margin requirements for different types of Margin Trades are displayed on the Company's web sitewebsite. However, the Company reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, requirements shall be determined, determined during the sudden market fluctuations where the company Company changes the margins to protect the client Customer from high risks, these . These changes shall be communicated immediately. 6.6 The Customer is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company is not allowed to close the Margin Trade at its discretion but only at the Customer's instruction or according to the Company's rights under this Agreement. However, the Company will increase the margin requirements if the Company considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company Tickmill Ltd and the CustomerClient, the Company Tickmill Ltd may require the Customer Client to have margin on the Account at least equivalent to the CompanyTickmill Ltd's initial margin requirement. 6.2 The Company8.2 Tickmill Ltd’s margin requirement shall apply throughout the term of the Margin Trademarogugihnout threeteqrmuoif threeMamrgeinnTtrades. It is the CustomerClient's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company Tickmill Ltd shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the CompanyTickmill Ltd's margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Company. Tickmill Ltd. Even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the CompanyTickmill Ltd, the Company Tickmill Ltd may close one, several or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company Tickmill Ltd due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company Tickmill Ltd that all of the CustomerClient's open Margin Trades will be closed. 6.4 8.4 If the Customer Client has opened more than one Account, the Company Tickmill Ltd is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place.. hall a 6.5 The Company8.5 Tickmill Ltd’s general margin requirements for different types of Margin Trades are marginTrardees qarue irement displayed on the CompanyTickmill Ltd's web site. However, the Company Tickmill Ltd reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.6 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company Tickmill Ltd is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the CompanyTickmill Ltd's rights under this Agreement. However, Tickmill Ltd will increase the margin requirements if the Company Tickmill Ltd considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company Oneprime Ltd and the CustomerClient, the Company Oneprime Ltd may require the Customer Client to have margin on the Account at least equivalent to the CompanyOneprime Ltd's initial margin requirement. 6.2 The Company8.2 Oneprime Ltd’s margin requirement shall apply throughout the term of the Margin Trade. It is the CustomerClient's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company Oneprime Ltd shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the CompanyOneprime Ltd's margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Company. Oneprime Ltd. Even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the CompanyOneprime Ltd, the Company Oneprime Ltd may close one, several or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company Oneprime Ltd due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company Oneprime Ltd that all of the CustomerClient's open Margin Trades will be closed. 6.4 8.4 If the Customer Client has opened more than one Account, the Company Oneprime Ltd is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company8.5 Oneprime Ltd’s general margin requirements for different types of Margin Trades are displayed on the CompanyOneprime Ltd's web site. However, the Company Oneprime Ltd reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.6 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company Oneprime Ltd is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the CompanyOneprime Ltd's rights under this Agreement. However, Oneprime Ltd will increase the margin requirements if the Company Oneprime Ltd considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 On the date of the opening of a Margin Trade between the Company and the Customer, the Company may require the Customer to have margin on the Account at least equivalent to the Company's ’s initial margin requirement. 6.2 The Company’s margin requirement shall apply throughout the term of the Margin Trade. It is the Customer's ’s responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company shall notify the Customer if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the Company's margin requirementCompany’smarginrequirement, the Customer is obliged to reduce the amount Customerisobligedtoreducetheamount of open Margin Trades or transfer adequate funds to the Company. Even if the Customer takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the Company, the Company may close one, several or all of the Customer's ’s Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the Customer's ’s account at its sole discretion without assuming any responsibility towards the Customer for such action.. xxx.xxxxxxxxxxxxxx.xxx | xxxx@xxxxxxxxxxxxxx.xxx | Xxxx X00, Xxxxxx Xxxxxxxx, Xx Xxxxxx Xx La Fraternite, Ile Du Port, Seychelles 23 GEMFOREX LIMITED / Client service Agreement 6.3 If the Company due to insufficient margin; Clause 6.2, may close one, several or all of the Customer's ’s Margin Trades, the Customer shall expect, unless otherwise agreed and confirmed by the bythe Company that all of the Customer's open Customer’sopen Margin Trades will be closed. 6.4 If the Customer has opened more than one Account, the Company is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company’s general margin requirements for different types of Margin Trades are displayed on the Company's ’s web site. However, the Company reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirementsmargintraderequirements, shall be determinedbedetermined, during the sudden market fluctuations duringthesuddenmarketfluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 The Customer is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company is not allowed to close the Margin Trade at its discretion but only at the Customer's ’s instruction or according to the Company's ’s rights under this Agreement. However, will increase the margin requirements if the Company considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company Omega4x and the CustomerClient, the Company Omega4x may require the Customer Client to have margin on the Account at least equivalent to the CompanyOmega4x's initial margin requirement. 6.2 The Company8.2 Omega4x’s margin requirement shall apply throughout the term of the Margin Trade. It is the CustomerClient's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company Omega4x shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the CompanyOmega4x's margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the CompanyOmega4x. Even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the CompanyOmega4x, the Company Omega4x may close one, several or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company Omega4x due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company Omega4x that all of the CustomerClient's open Margin Trades will be closed. 6.4 8.4 If the Customer Client has opened more than one Account, the Company Omega4x is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company8.5 Omega4x’s general margin requirements for different types of Margin Trades are displayed on the CompanyOmega4x's web site. However, the Company reserves the Omega4x reservesthe right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.6 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company Omega4x is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the CompanyOmega4x's rights under rightsunder this Agreement. However, Omega4x will increase the margin requirements if the Company Omega4x considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 8.1 On the date of the opening of a Margin Trade between the Company GRAND CAYMAN CAPITAL LTD and the CustomerClient, the Company GRAND CAYMAN CAPITAL LTD may require the Customer Client to have margin on the Account at least equivalent to the CompanyGRAND CAYMAN CAPITAL LTD's initial margin requirement. 6.2 The Company8.2 GRAND CAYMAN CAPITAL LTD’s margin requirement shall apply throughout the term of the Margin Trade. It is the CustomerClient's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company GRAND CAYMAN CAPITAL LTD shall notify the Customer Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the CompanyGRAND CAYMAN CAPITAL LTD's margin requirement, the Customer Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the CompanyGRAND CAYMAN CAPITAL LTD. Even if the Customer Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the CompanyGRAND CAYMAN CAPITAL LTD, the Company GRAND CAYMAN CAPITAL LTD may close one, several or all of the CustomerClient's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the CustomerClient's account at its sole discretion without assuming any responsibility towards the Customer Client for such action. 6.3 8.3 If the Company GRAND CAYMAN CAPITAL LTD due to insufficient margin; , cf. Clause 6.28.2, may close one, several or all of the CustomerClient's Margin Trades, the Customer Client shall expect, unless otherwise agreed and confirmed by the Company GRAND CAYMAN CAPITAL LTD that all of the CustomerClient's open Margin Trades will be closed. 6.4 8.4 If the Customer Client has opened more than one Account, the Company GRAND CAYMAN CAPITAL LTD is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company8.5 GRAND CAYMAN CAPITAL LTD’s general margin requirements for different types of Margin Trades are displayed on the CompanyGRAND CAYMAN CAPITAL LTD's web site. However, the Company GRAND CAYMAN CAPITAL LTD reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 8.6 The Customer Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company GRAND CAYMAN CAPITAL LTD is not allowed to close the Margin Trade at its discretion but only at the CustomerClient's instruction or according to the CompanyGRAND CAYMAN CAPITAL LTD's rights under this Agreement. However, GRAND CAYMAN CAPITAL LTD will increase the margin requirements if the Company GRAND CAYMAN CAPITAL LTD considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.

MARGIN TRADES. 6.1 On the date of the opening of a Margin Trade between the Company and the Customer, the Company may require the Customer to have margin on the Account at least equivalent to the Company's initial margin requirement. 6.2 The Company’s margin requirement shall apply throughout the term of the Margin Trade. It is the Customer's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company shall notify the Customer if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the Company's margin requirement, the Customer is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Company. Even if the Customer takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the Company, the Company may close one, several or all of the Customer's Margin Trades or part of a Margin Trade and/or and/ or liquidate or sell securities or other property at the Customer's account at its sole discretion without assuming any responsibility towards the Customer for such action. 6.3 If the Company due to insufficient margin; Clause 6.2, may close one, several or all of the Customer's Margin Trades, the Customer shall expect, unless otherwise agreed and confirmed by the Company that all of the Customer's open Margin Trades will be closed. 6.4 If the Customer has opened more than one Account, the Company is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company’s general margin requirements for different types of Margin Trades are displayed on the Company's web site. However, the Company reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 The Customer is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company is not allowed to close the Margin Trade at its discretion but only at the Customer's instruction or according to the Company's rights under this Agreement. However, will increase the margin requirements if the Company considers that its risk on a Margin Trade has increased as compared to the risk on the date of the opening.