Common use of Single Account/Joint Accounts Clause in Contracts

Single Account/Joint Accounts. 13.5.1. The Company reserves the right to impose a deposit limit which can change from time to time. The Company may, but is not required to, notify the Client via email upon alteration of deposit limits. The Client may face relevant consequences and restrictions if he/she negligently disobeys imposed rules, depending on the gravity of the Client’s offense, wherein the Company will proceed to take legal steps and actions. 13.5.2. The Client is solely liable for every deposit and transaction he/she makes with the Com- pany; the Company will not be held liable for loss and misuse money on the Client’s behalf. 13.5.3. The Company strictly sifts every account and transactions that are made; depositing and withdrawing funds are uncompromised as the Company deliberately checks that it is the Client who makes the transaction, be it sending funds or withdrawing funds. 13.5.4. The Company also accepts an authorized person to do a transaction with the Company, given that the Client gave the representative actual authorization. The Company does not con- done any form of account sharing with anonymous people, with third-party software, and other applications that are outside the Company’s premises; and in the misfortune of event of having money loss and information leaking, the Company will not be held liable for the unfavorable happenstance. 13.5.5. Clients are free to open any account with the currencies available that the Company provides, but changes in the preferred currency may occur from time to time; it is advised to contact the Company first if the Client is trying to open a currency that is not on the current list. The Client agrees to pay a conversion fee, as imposed by the Company in their own discretion, in the current currency exchange. 13.5.6. Joint accounts are prohibited by the Company but permitted if it is held by a First-Degree Relative with an authorized letter from the Company’s existing Client, wherein the request must first be validated after making any drastic move. Any losses and damages that occur before the validation are entirely on the Client’s liability. If the joint account was permitted, each holder is liable for all obligations and restrictions the Company imposes; the Clients are also expected to comply with the Company’s terms and conditions in this Agreement. If in the event of an argu- ment between the parties, the Company will still continue to accept orders and transactions from each of the parties until a letter instructing the Company to act upon it. In the event that one of the Clients ceases, the remaining one can still operate and manage the joint account. 13.5.7. Any of the two Clients are legible to close an account and redirection of balances; both of the Clients can also manage to withdraw funds from his/her account, given that at least one of the parties completes the necessary information, paper works, and the withdrawal form. Both of the parties are required to accept the Terms and Conditions before the Company can vali- date the Joint-Account request, and breaches of the Company’s Terms and Conditions can face termination of the Joint Account. 13.5.8. The Company is allowed to accept deposits and funding, and cancel and/or block the Client’s trading account from trading should any of these following events occur; in the case that the Client failed to provide the Company with necessary information and identification; if under the Company’s discretion have concluded that the Client’s documents are illegal and fake; if the Company has concluded that the Client is part of a fraudulent activity and other illegal business- es; if the Company receives a note or a message saying that the Client’s credit card or debit card has been lost or stolen, and in the event the Client has failed to comply with the respective terms and conditions of this Agreement and other applicable laws and regulations. 13.5.9. Deposit time may also vary from the method and the amount of deposit, the processing time can take much longer than usual due to geographical events and holidays. The Clients are to be informed as soon as the processing is complete. 13.5.10. Additional payments are the Clients’ liabilities; interests on credit balance, funds, and fees from the Client’s deposits or any transactions. The Client agrees to waive the Company from all interest charges and transaction charges. 13.5.11. The Client also accepts that in the case of account-idleness or lack of activity, which includes funding the account and lack of trading activities, can lead to account suspension. The Company can give the Client 30 (thirty) business days to proclaim or inform the Company that he/she is shifting his/her account to an inactive one so further service charge and other fees are removed from the Client’s liability. In case of failure to inform the Company beforehand, all liabili- ties will be shouldered by the Client. 13.5.12. The Company reserves the right to terminate the Client’s account and/or to charge the Client maintenance fee if his/her account deems to be inactive for a year or more.

Single Account/Joint Accounts. 13.5.1. The Company reserves the right to impose a deposit limit which can change from time to time. The Company may, but is not required to, notify the Client via email upon alteration of deposit limits. The Client may face relevant consequences and restrictions if he/she negligently disobeys imposed rules, depending on the gravity of the Client’s offense, wherein the Company will proceed to take legal steps and actions. 13.5.2. The Client is solely liable for every deposit and transaction he/she makes with the Com- panyCompany; the Company will not be held liable for loss and misuse money on the Client’s behalf. 13.5.3. The Company strictly sifts every account and transactions that are made; depositing and withdrawing funds are uncompromised as the Company deliberately checks that it is the Client who makes the transaction, be it sending funds or withdrawing funds. 13.5.4. The Company also accepts an authorized person to do a transaction with the Company, given that the Client gave the representative actual authorization. The Company does not con- done condone any form of account sharing with anonymous people, with third-party software, and other applications that are outside the Company’s premises; and in the misfortune of event of having money loss and information leaking, the Company will not be held liable for the unfavorable happenstance. 13.5.5. Clients are free to open any account with the currencies available that the Company provides, but changes in the preferred currency may occur from time to time; it is advised to contact the Company first if the Client is trying to open a currency that is not on the current list. The Client agrees to pay a conversion fee, as imposed by the Company in their own discretion, in the current currency exchange. 13.5.6. Joint accounts are prohibited by the Company but permitted if it is held by a First-First- Degree Relative with an authorized letter from the Company’s existing Client, wherein the request must first be validated after making any drastic move. Any losses and damages that occur before the validation are entirely on the Client’s liability. If the joint account was permitted, each holder is liable for all obligations and restrictions the Company imposes; the Clients are also expected to comply with the Company’s terms and conditions in this Agreement. If in the event of an argu- ment argument between the parties, the Company will still continue to accept orders and transactions from each of the parties until a letter instructing the Company to act upon it. In the event that one of the Clients ceases, the remaining one can still operate and manage the joint account. 13.5.7. Any of the two Clients are legible eligible to close an account and redirection of balances; both of the Clients can also manage to withdraw funds from his/her account, given that at least one of the parties completes the necessary information, paper works, and the withdrawal form. Both of the parties are required to accept the Terms and Conditions before the Company can vali- date validate the Joint-Account request, and breaches of the Company’s Terms and Conditions can face termination of the Joint Account. 13.5.8. The Company is allowed to accept deposits and funding, and cancel and/or block the Client’s trading account from trading should any of these following events occur; in the case that the Client failed to provide the Company with necessary information and identification; if under the Company’s discretion have concluded that the Client’s documents are illegal and fake; if the Company has concluded that the Client is part of a fraudulent activity and other illegal business- esbusinesses; if the Company receives a note or a message saying that the Client’s credit card or debit card has been lost or stolen, and in the event the Client has failed to comply with the respective terms and conditions of this Agreement and other applicable laws and regulations. 13.5.9. Deposit time may also vary from the method and the amount of deposit, the processing time can take much longer than usual due to geographical events and holidays. The Clients are to be informed as soon as the processing is complete. 13.5.10. Additional payments are the Clients’ liabilities; interests on credit balance, funds, and fees from the Client’s deposits or any transactions. The Client agrees to waive the Company from all interest charges and transaction charges. 13.5.11. The Client also accepts that in the case of account-idleness or lack of activity, which includes funding the account and lack of trading activities, can lead to account suspension. The Company can give the Client 30 (thirty) business days to proclaim or inform the Company that he/she is shifting his/her account to an inactive one so further service charge and other fees are removed from the Client’s liability. In case of failure to inform the Company beforehand, all liabili- ties liabilities will be shouldered by the Client. 13.5.12. The Company reserves the right to terminate the Client’s account and/or to charge the Client maintenance fee if his/her account deems to be inactive for a year or more.