Common use of Swap Free Client Accounts Clause in Contracts

Swap Free Client Accounts. Islamic accounts that are compliant with the Sharia law. Forex Islamic account is known as a swap-free account as there is no swap or rollover interest on overnight positions, which is against the Muslim faith. All Muslim clients can benefit from the Company’s best trading conditions by opening any account with us. Islamic accounts have exactly the same trading conditions and terms as our regular trading account types. The only difference is that there are no swaps. Please make sure you comply with our Islamic (Swap-Free) trading account use agreement before applying for a swap-free account status. 45.1. In the event the Client, due to their observance of their religious beliefs, cannot receive or pay interest, such Client may apply, by completing and submitting to the Company an application form which shall be provided to you on your request (this form may be amended by the Company from time to time) or via such other procedure as the Company may designate from time to time in its sole discretion, for their Account to be designed as a Swap Free Account not charged with or entitled to, premiums and/or rollovers and/or interest (“Swap Free Account”). The client hereby confirms and/ or accepts and/or declares that a request to render their Account Swap Free shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse accepting the request of a client to designate their Account as a swap free account, upon its sole and absolute discretion which shall be conclusive and undisputable upon the Client. 45.2. In the event that the Company suspects that a Client is abusing the rights conferred to them by the classification of the Account as Swap Free Account, the Company has the right, without prior notice, to proceed with one or more of the following: a) The Company may add commission upon each and every one of the trades executed on the Swap Free Account; and/or b) The Company may cancel the special rights and/or conditions conferred to the Account due to its classification as Swap Free Account, recall the designation of the Account as Swap Free Account and render it a normal trading Account; and/or c) The Company may restrict and/or prohibit the client from hedging their positions; and/or d) The Company may, upon its sole discretion, close any open positions and reinstate them upon the then prevailing market price. The client hereby, acknowledges, agrees and accepts that he / she shall bear all costs derived from the aforementioned action, including but not limited to, the cost on the change of the Spread 45.3. The Company offers, at its discretion, swap free (or “Islamic”) accounts for any clients who, for religious reasons, may choose not to receive or pay daily swap fees. Clients with Swap Free Accounts shall be allowed to trade in selected CFDs in underlying Financial Instruments which shall be selected by the Company also in its sole discretion and in accordance with its internal policies. The list of such underlying Financial Instruments (or the list of those CFDs for which Swap Free trading will not be permitted) shall be notified to each Client whose account is designated as Swap Free Account. 45.4. Where you have a Swap Free Account, you are obliged to close any open CFD position within 45 (forty-five) calendar days of opening thereof. In the event of your failure to do so, the Company shall have a right to treat any such instance as an abuse by you of the terms of operation of such Swap Free Account and take any of the actions specified in paragraphs (a) to (d) of Paragraph 43.2 above and/or charge to such open CFD positions the rollover charges in accordance with Paragraph 15 hereof, in each case with retroactive effect. 45.5. The Company reserves the right to terminate swap free privileges at any time, provided it provides notice to the clients as stipulated in this Agreement. 45.6. Swap Free Accounts are liable for dividends, other corporate actions and daily funding charges which will be reflected in the relevant Account statements. 45.7. Clients who wish to have a Swap Free Account and are not of any Islamic Religion, must create a minimum trading volume per month. The minimum trading volume per month will be calculated for closed positions only as follows: Account Equity * 300 **The equity will be taken from the first day of the month  FX: Number of lots * Contract size *Conversion to US dollar  CFD: Number of lots * Contract size *Closing price * Conversion to US dollar 46.1. The Company may, at its sole discretion offer CFDs on cryptocurrencies for trading on its Online Trading Facility, from time to time. Cryptocurrencies, when used in this agreement, unless the context otherwise requires, shall mean a type of decentralized digital currency or asset which is not issued by any central bank or issuer in which encryption techniques are used to facilitate the generation of units of the currency or asset and verify the transfer of units (“Cryptocurrencies”). 46.2. The Client hereby acknowledges and accepts that Cryptocurrencies are traded on non-regulated decentralized digital exchanges. Accordingly, the price formation and price movements of these products depend solely on the internal rules of the particular digital exchange which may be subject to change at any point in time and without prior notice. In this respect, the Client further acknowledges and accepts that this may often lead to wide fluctuation (i.e. high volatility) in the prices of these products, which may be substantially higher compared to the Financial Instruments offered by the Company and may result in significant loss over a short period of time. 46.3. The market and pricing data on Cryptocurrencies are derived from the digital decentralized exchanges that the Cryptocurrencies are traded on. Due to the fact that the market and data pricing formation rules on Cryptocurrencies, provided by such exchanges, are not subject to any regulatory supervision, they may be subject to changes in the relevant digital exchange’s discretion at any time. Likewise, such digital exchanges may introduce trading suspensions or take other actions that may result in the suspension or cessation of trading on such exchanges or the price and market data feed becoming unavailable to the Company. The above factors could result in material adverse effect on the Client’s open positions, including the loss of all of the Client’s invested capital. Where a temporary or permanent disruption to or cessation of trading occurs on any digital exchange from which the company derives their price feeds for the relevant Cryptocurrency, the Client’s positions in such Cryptocurrency will be priced at the last available price for the relevant Cryptocurrency, and the Client may be unable to close or liquidate their position or withdraw any funds related to such position until the trading on the relevant digital exchange resumes (if at all). The Client accepts that where trading resumes again at either the relevant initial digital exchange or on any successor exchange thereof, there may be significant price differential (price gapping) which may impact the value of the Client’s CFD positions in the relevant Cryptocurrencies and result significant profit or losses. Where trading does not resume, all of the Client’s invested capital could potentially be lost. The Client hereby acknowledges accepts that they have been informed by the Company of and understands this particular risk into account when taking investment decisions in respect of trading CFDs on Cryptocurrencies. 46.4. The Client hereby acknowledges, represents and warrants to the company that, when trading in CFDs on Cryptocurrencies, they fully understand the specific characteristics and risks related to these Cryptocurrencies and that trading in Cryptocurrencies and/or CFDs on Cryptocurrencies is not appropriate for all investors.

Swap Free Client Accounts. Islamic accounts that are compliant with the Sharia law. Forex Islamic account is known as a swap-free account as there is no swap or rollover interest on overnight positions, which is against the Muslim faith. All Muslim clients can benefit from the Company’s best trading conditions by opening any account with us. Islamic accounts have exactly the same trading conditions and terms as our regular trading account types. The only difference is that there are no swaps. Please make sure you comply with our Islamic (Swap-Free) trading account use agreement before applying for a swap-free account status. 45.1. In the event the Client, due to their observance of their religious beliefs, cannot receive or pay interest, such Client may apply, by completing and submitting to the Company an application form which shall be provided to you on your request (this form may be amended by the Company from time to time) or via such other procedure as the Company may designate from time to time in its sole discretion, for their Account to be designed as a Swap Free Account not charged with or entitled to, premiums and/or rollovers and/or interest (“Swap Free Account”). The client hereby confirms and/ or accepts and/or declares that a request to render their Account Swap Free shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse accepting the request of a client to designate their Account as a swap free account, upon its sole and absolute discretion which shall be conclusive and undisputable upon the Client. 45.2. In the event that the Company suspects that a Client is abusing the rights conferred to them by the classification of the Account as Swap Free Account, the Company has the right, without prior notice, to proceed with one or more of the following: a) The Company may add commission upon each and every one of the trades executed on the Swap Free Account; and/or b) The Company may cancel the special rights and/or conditions conferred to the Account due to its classification as Swap Free Account, recall the designation of the Account as Swap Free Account and render it a normal trading Account; and/or c) The Company may restrict and/or prohibit the client from hedging their positions; and/or d) The Company may, upon its sole discretion, close any open positions and reinstate them upon the then prevailing market price. The client hereby, acknowledges, agrees and accepts that he / she shall bear all costs derived from the aforementioned action, including but not limited to, the cost on the change of the Spread 45.3. The Company offers, at its discretion, swap free (or “Islamic”) accounts for any clients who, for religious reasons, may choose not to receive or pay daily swap fees. Clients with Swap Free Accounts shall be allowed to trade in selected CFDs in underlying Financial Instruments which shall be selected by the Company also in its sole discretion and in accordance with its internal policies. The list of such underlying Financial Instruments (or the list of those CFDs for which Swap Free trading will not be permitted) shall be notified to each Client whose account is designated as Swap Free Account. 45.4. Where you have a Swap Free Account, you are obliged to close any open CFD position within 45 (forty-five) calendar days of opening thereof. In the event of your failure to do so, the Company shall have a right to treat any such instance as an abuse by you of the terms of operation of such Swap Free Account and take any of the actions specified in paragraphs (a) to (d) of Paragraph 43.2 above and/or charge to such open CFD positions the rollover charges in accordance with Paragraph 15 hereof, in each case with retroactive effect. 45.5. The Company reserves the right to terminate swap free privileges at any time, provided it provides notice to the clients as stipulated in this Agreement. 45.6. Swap Free Accounts are liable for dividends, other corporate actions and daily funding charges which will be reflected in the relevant Account statements. 45.7. Clients who wish to have a Swap Free Account and are not of any Islamic Religion, must create a minimum trading volume per month. The minimum trading volume per month will be calculated for closed positions only as follows: Account Equity * 300 **The equity will be taken from the first day of the month  • FX: Number of lots * Contract size *Conversion to US dollar  • CFD: Number of lots * Contract size *Closing price * Conversion to US dollar 46.1. The Company may, at its sole discretion offer CFDs on cryptocurrencies for trading on its Online Trading Facility, from time to time. Cryptocurrencies, when used in this agreement, unless the context otherwise requires, shall mean a type of decentralized digital currency or asset which is not issued by any central bank or issuer in which encryption techniques are used to facilitate the generation of units of the currency or asset and verify the transfer of units (“Cryptocurrencies”). 46.2. The Client hereby acknowledges and accepts that Cryptocurrencies are traded on non-regulated decentralized digital exchanges. Accordingly, the price formation and price movements of these products depend solely on the internal rules of the particular digital exchange which may be subject to change at any point in time and without prior notice. In this respect, the Client further acknowledges and accepts that this may often lead to wide fluctuation (i.e. high volatility) in the prices of these products, which may be substantially higher compared to the Financial Instruments offered by the Company and may result in significant loss over a short period of time. 46.3. The market and pricing data on Cryptocurrencies are derived from the digital decentralized exchanges that the Cryptocurrencies are traded on. Due to the fact that the market and data pricing formation rules on Cryptocurrencies, provided by such exchanges, are not subject to any regulatory supervision, they may be subject to changes in the relevant digital exchange’s discretion at any time. Likewise, such digital exchanges may introduce trading suspensions or take other actions that may result in the suspension or cessation of trading on such exchanges or the price and market data feed becoming unavailable to the Company. The above factors could result in material adverse effect on the Client’s open positions, including the loss of all of the Client’s invested capital. Where a temporary or permanent disruption to or cessation of trading occurs on any digital exchange from which the company derives their price feeds for the relevant Cryptocurrency, the Client’s positions in such Cryptocurrency will be priced at the last available price for the relevant Cryptocurrency, and the Client may be unable to close or liquidate their position or withdraw any funds related to such position until the trading on the relevant digital exchange resumes (if at all). The Client accepts that where trading resumes again at either the relevant initial digital exchange or on any successor exchange thereof, there may be significant price differential (price gapping) which may impact the value of the Client’s CFD positions in the relevant Cryptocurrencies and result significant profit or losses. Where trading does not resume, all of the Client’s invested capital could potentially be lost. The Client hereby acknowledges accepts that they have been informed by the Company of and understands this particular risk into account when taking investment decisions in respect of trading CFDs on Cryptocurrencies. 46.4. The Client hereby acknowledges, represents and warrants to the company that, when trading in CFDs on Cryptocurrencies, they fully understand the specific characteristics and risks related to these Cryptocurrencies and that trading in Cryptocurrencies and/or CFDs on Cryptocurrencies is not appropriate for all investors.

Swap Free Client Accounts. Islamic accounts that are compliant with the Sharia law. Forex Islamic account is known as a swap-free account as there is no swap or rollover interest on overnight positions, which is against the Muslim faith. All Muslim clients can benefit from the Company’s best trading conditions by opening any account with us. Islamic accounts have exactly the same trading conditions and terms as our regular trading account types. The only difference is that there are no swaps. Please make sure you comply with our Islamic (Swap-Free) trading account use agreement before applying for a swap-free account status. 45.1. In the event the Client, due to their observance of their religious beliefs, cannot receive or pay interest, such Client may apply, by completing and submitting to the Company an application form which shall be provided to you on your request (this form may be amended by the Company from time to time) or via such other procedure as the Company may designate from time to time in its sole discretion, for their Account to be designed as a Swap Free Account not charged with or entitled to, premiums and/or rollovers and/or interest (“Swap Free Account”). The client Client hereby confirms and/ or accepts and/or declares that a request to render their Account Swap Free shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse accepting the request of a client Client to designate their Account as a swap free account, upon its sole and absolute discretion which shall be conclusive and undisputable upon the Client. 45.2. In the event that the Company suspects that a Client is abusing the rights conferred to them by the classification of the Account as Swap Free Account, the Company has the right, without prior notice, to proceed with one or more of the following: a) The Company may add commission upon each and every one of the trades executed on the Swap Free Account; and/or b) The Company may cancel the special rights and/or conditions conferred to the Account due to its classification as Swap Free Account, recall the designation of the Account as Swap Free Account and render it a normal trading Account; and/or c) The Company may restrict and/or prohibit the client Client from hedging their positions; and/or d) The Company may, upon its sole discretion, close any open positions and reinstate them upon the then prevailing market price. The client Client hereby, acknowledges, agrees and accepts that he / she shall bear all costs derived from the aforementioned action, including but not limited to, the cost on the change of the Spread. 45.3. The Company offers, at its discretion, swap free (or “Islamic”) accounts for any clients Clients who, for religious reasons, may choose not to receive or pay daily swap fees. Clients with Swap Free Accounts shall be allowed to trade in selected CFDs in underlying Financial Instruments which shall be selected by the Company also in its sole discretion and in accordance with its internal policies. The list of such underlying Financial Instruments (or the list of those CFDs for which Swap Free trading will not be permitted) shall be notified to each Client whose account is designated as Swap Free Account. 45.4. Where you have a Swap Free Account, you are obliged to close any open CFD position within 45 (forty-forty- five) calendar days of opening thereof. In the event of your failure to do so, the Company shall have a right to treat any such instance as an abuse by you of the terms of operation of such Swap Free Account and take any of the actions specified in paragraphs (a) to (d) of Paragraph 43.2 45.2 above and/or charge to such open CFD positions the rollover charges in accordance with Paragraph 15 hereof, in each case with retroactive effect. 45.5. The Company reserves the right to terminate swap free privileges at any time, provided it provides notice to the clients as stipulated in this Agreement.” 45.6. Swap Free Accounts are liable for dividends, other corporate actions and daily funding charges which will be reflected in the relevant Account statements. 45.7. Clients who wish to have a Swap Free Account and are not of any Islamic Religion, must create a minimum trading volume per month. The minimum trading volume per month will be calculated for closed positions only as follows: Account Equity * 300 Example: account equity (at January 1st) was 520K$ -> client should create minimum trading volume of 156M$ (520K$*300) till the end of the month. **The equity will be taken from the first day of the month Formula to calculate trading volume:  FX: Number of lots * Contract size *Conversion to US dollar Example: EURUSD 1 lot -> 1* 100,000 euro * 1.22 = 122,000$  CFD: Number of lots * Contract size *Closing price * Conversion to US dollardollar Example: XAUEUR 1 lot -> 1* 100 *1090.95 euro * 1.22 = 133,096$ 46.1. The Company may, at its sole discretion offer CFDs on cryptocurrencies for trading on its Online Trading Facility, from time to time. Cryptocurrencies, when used in this agreement, unless the context otherwise requires, shall mean a type of decentralized digital currency or asset which is not issued by any central bank or issuer in which encryption techniques are used to facilitate the generation of units of the currency or asset and verify the transfer of units (“Cryptocurrencies”). 46.2. The Client hereby acknowledges and accepts that Cryptocurrencies are traded on non-regulated decentralized digital exchangesexchanges and there is no specific European regulatory framework governing the trading in Cryptocurrencies. Accordingly, the price formation and price movements of these products depend solely on the internal rules of the particular digital exchange which may be subject to change at any point in time and without prior notice. In this respect, the Client further acknowledges and accepts that this may often lead to wide fluctuation (i.e. high volatility) in the prices of these products, which may be substantially higher compared to the other Financial Instruments offered by the Company Company, and may result in significant loss over a short period of time. 46.3. The market and pricing data on Cryptocurrencies are derived from the digital decentralized exchanges that the Cryptocurrencies are traded on. Due to the fact that the market and data pricing formation rules on Cryptocurrencies, provided by such exchanges, are not subject to any regulatory supervision, they may be subject to changes in the relevant digital exchange’s discretion at any time. Likewise, such digital exchanges may introduce trading suspensions or take other actions that may result in the suspension or cessation of trading on such exchanges or the price and market data feed becoming unavailable to the Company. The above factors could result in material adverse effect on the Client’s open positions, including the loss of all of the Client’s invested capital. Where a temporary or permanent disruption to or cessation of trading occurs on any digital exchange from which the company derives their price feeds for the relevant Cryptocurrency, the Client’s positions in such Cryptocurrency will be priced at the last available price for the relevant Cryptocurrency, and the Client may be unable to close or liquidate their position or withdraw any funds related to such position until the trading on the relevant digital exchange resumes (if at all). The Client accepts that where trading resumes again at either the relevant initial digital exchange or on any successor exchange thereof, there may be significant price differential (price gapping) which may impact the value of the Client’s CFD positions in the relevant Cryptocurrencies and result significant profit or losses. Where trading does not resume, all of the Client’s invested capital could potentially be lost. The Client hereby acknowledges accepts that they have been informed by the Company of and understands this particular risk into account when taking investment decisions in respect of trading CFDs on Cryptocurrencies. 46.4. The Client hereby acknowledges, represents and warrants to the company that, when trading in CFDs on Cryptocurrencies, they fully understand the specific characteristics and risks related to these Cryptocurrencies and that trading in Cryptocurrencies and/or CFDs on Cryptocurrencies is not appropriate for all investors.

Swap Free Client Accounts. Islamic accounts that are compliant with the Sharia law. Forex Islamic account is known as a swap-free account as there is no swap or rollover interest on overnight positions, which is against the Muslim faith. All Muslim clients can benefit from the Company’s best trading conditions by opening any account with us. Islamic accounts have exactly the same trading conditions and terms as our regular trading account types. The only difference is that there are no swaps. Please make sure you comply with our Islamic (Swap-Free) trading account use agreement before applying for a swap-free account status. 45.1. In the event the Client, due to their observance of their religious beliefs, cannot receive or pay interest, such Client may apply, by completing and submitting to the Company an application form which shall be provided to you on your request (this form may be amended by the Company from time to time) or via such other procedure as the Company may designate from time to time in its sole discretion, for their Account to be designed as a Swap Free Account not charged with or entitled to, premiums and/or rollovers and/or interest (“Swap Free Account”). The client hereby confirms and/ or accepts and/or declares that a request to render their Account Swap Free shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse accepting the request of a client to designate their Account as a swap free account, upon its sole and absolute discretion which shall be conclusive and undisputable upon the Client. 45.2. In the event that the Company suspects that a Client is abusing the rights conferred to them by the classification of the Account as Swap Free Account, the Company has the right, without prior notice, to proceed with one or more of the following: a) The Company may add commission upon each and every one of the trades executed on the Swap Free Account; and/or b) The Company may cancel the special rights and/or conditions conferred to the Account due to its classification as Swap Free Account, recall the designation of the Account as Swap Free Account and render it a normal trading Account; and/or c) The Company may restrict and/or prohibit the client from hedging their positions; and/or d) The Company may, upon its sole discretion, close any open positions and reinstate them upon the then prevailing market price. The client hereby, acknowledges, agrees and accepts that he / she shall bear all costs derived from the aforementioned action, including but not limited to, the cost on the change of the Spread 45.3. The Company offers, at its discretion, swap free (or “Islamic”) accounts for any clients who, for religious reasons, may choose not to receive or pay daily swap fees. Clients with Swap Free Accounts shall be allowed to trade in selected CFDs in underlying Financial Instruments which shall be selected by the Company also in its sole discretion and in accordance with its internal policies. The list of such underlying Financial Instruments (or the list of those CFDs for which Swap Free trading will not be permitted) shall be notified to each Client whose account is designated as Swap Free Account. 45.4. Where you have a Swap Free Account, you are obliged to close any open CFD position within 45 (forty-forty- five) calendar days of opening thereof. In the event of your failure to do so, the Company shall have a right to treat any such instance as an abuse by you of the terms of operation of such Swap Free Account and take any of the actions specified in paragraphs (a) to (d) of Paragraph 43.2 above and/or charge to such open CFD positions the rollover charges in accordance with Paragraph 15 hereof, in each case with retroactive effect. 45.5. The Company reserves the right to terminate swap free privileges at any time, provided it provides notice to the clients as stipulated in this Agreement.” 45.6. Swap Free Accounts are liable for dividends, other corporate actions and daily funding charges which will be reflected in the relevant Account statements. 45.7. Clients who wish to have a Swap Free Account and are not of any Islamic Religion, must create a minimum trading volume per month. The minimum trading volume per month will be calculated for closed positions only as follows: Account Equity * 300 Example: account equity (at January 1st) was 520K$ -> client should create minimum trading volume of 156M$ (520K$*300) till the end of the month. **The equity will be taken from the first day of the month Formula to calculate trading volume:  FX: Number of lots * Contract size *Conversion to US dollar Example: EURUSD 1 lot -> 1* 100,000 euro * 1.22 = 122,000$  CFD: Number of lots * Contract size *Closing price * Conversion to US dollardollar Example: XAUEUR 1 lot -> 1* 100 *1090.95 euro * 1.22 = 133,096$ 46.1. The Company may, at its sole discretion offer CFDs on cryptocurrencies for trading on its Online Trading Facility, from time to time. Cryptocurrencies, when used in this agreement, unless the context otherwise requires, shall mean a type of decentralized digital currency or asset which is not issued by any central bank or issuer in which encryption techniques are used to facilitate the generation of units of the currency or asset and verify the transfer of units (“Cryptocurrencies”). 46.2. The Client hereby acknowledges and accepts that Cryptocurrencies are traded on non-regulated decentralized digital exchangesexchanges and there is no specific European regulatory framework governing the trading in Cryptocurrencies. As such, Cryptocurrencies are not recognized as Financial Instruments under MiFID and trading in CFDs on Cryptocurrencies falls outside the scope of MiFID and of the Company’s MiFID regulated activities. Accordingly, the price formation and price movements of these products depend solely on the internal rules of the particular digital exchange which may be subject to change at any point in time and without prior notice. In this respect, the Client further acknowledges and accepts that this may often lead to wide fluctuation (i.e. high volatility) in the prices of these products, which may be substantially higher compared to the Financial Instruments offered by the Company that are under the scope of MiFID, and may result in significant loss over a short period of time. 46.3. The market and pricing data on Cryptocurrencies are derived from the digital decentralized exchanges that the Cryptocurrencies are traded on. Due to the fact that the market and data pricing formation rules on Cryptocurrencies, provided by such exchanges, are not subject to any regulatory supervision, they may be subject to changes in the relevant digital exchange’s discretion at any time. Likewise, such digital exchanges may introduce trading suspensions or take other actions that may result in the suspension or cessation of trading on such exchanges or the price and market data feed becoming unavailable to the Company. The above factors could result in material adverse effect on the Client’s open positions, including the loss of all of the Client’s invested capital. Where a temporary or permanent disruption to or cessation of trading occurs on any digital exchange from which the company derives their price feeds for the relevant Cryptocurrency, the Client’s positions in such Cryptocurrency will be priced at the last available price for the relevant Cryptocurrency, and the Client may be unable to close or liquidate their position or withdraw any funds related to such position until the trading on the relevant digital exchange resumes (if at all). The Client accepts that where trading resumes again at either the relevant initial digital exchange or on any successor exchange thereof, there may be significant price differential (price gapping) which may impact the value of the Client’s CFD positions in the relevant Cryptocurrencies and result significant profit or losses. Where trading does not resume, all of the Client’s invested capital could potentially be lost. The Client hereby acknowledges accepts that they have been informed by the Company of and understands this particular risk into account when taking investment decisions in respect of trading CFDs on Cryptocurrencies. 46.4. As Cryptocurrencies do not fall under the scope of MiFID, consequently, the Client is not entitled to the protections offered under the Investor Compensation Fund in relation to their trading activity that relates to Cryptocurrencies. Similarly, any complains and/or disputes the Client may have against the company which relate to trading on such products (i.e. Cryptocurrencies) are not eligible and shall not be accepted for review/consideration by the Financial Ombudsman of the Republic of Cyprus. 46.5. The Client hereby acknowledges, represents and warrants to the company that, when trading in CFDs on Cryptocurrencies, they fully understand the specific characteristics and risks related to these Cryptocurrencies and that trading in Cryptocurrencies and/or CFDs on Cryptocurrencies is not appropriate for all investors.

Swap Free Client Accounts. 44.1 Swap free accounts are Islamic accounts Client Accounts that are compliant with the Sharia law. Law. 44.2 The Swap Free Account (Forex Islamic account Account) is known as a swap-free account as there is Client Account with no swap or rollover interest on overnight positions, which is against the Muslim faith. All Muslim clients Clients can benefit from the Company’s best trading conditions by opening any and may be eligible to open a Swap-Free account with us. Islamic accounts at the Company’s sole discretion. 44.3 The Swap Free Accounts have exactly the same trading conditions and terms as our regular trading account types. The , with the only difference is that there are no swaps. Please make sure you comply with our Islamic (Swap-Free) trading account use agreement before . 44.4 Before applying for a swapSwap-free account statusFree Account with the Company, the Client must make sure they comply with the Swap Free Account Use Agreement. 45.1. 44.5 In the event the Client, due to their observance of their religious beliefs, cannot receive or pay interest, such Client may apply, by completing and submitting to the Company an application form which shall can be provided to you found on your request (this form may be the Company’s Website, as amended by the Company from time to time) , or via such other procedure as the Company may designate from time to time in at its sole discretion, for their Account to be designed as a Swap Swap-Free Account Account, not charged with or entitled to, premiums and/or rollovers and/or interest (“Swap Free Account” or “Islamic Account”). The client Client hereby confirms and/ or and accepts and/or and declares that a request to render their Account Swap Free shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse accepting the request of a client Client to designate their Account as a swap free accountSwap Free Account, upon its sole and absolute discretion which shall be conclusive and undisputable upon the Client. 45.2. 44.6 In the event that the Company suspects that a Client is might have been abusing the rights conferred to them by the classification of the Account as Swap Free Account, the Company has reserves the right, without any prior notice, to proceed with one or more of the following: a) The Company may add commission upon each and every one of the trades executed on the Swap Free Account; and/or b) The Company may cancel the special rights and/or conditions conferred to the Account due to its classification as Swap Free Account, recall the designation of the Account as Swap Free Account and render it a normal trading regular Trading Account; and/or c) The Company may restrict and/or prohibit the client Client from hedging their positions; and/or d) The Company may, upon its sole discretion, close any open positions Open Positions and reinstate them upon the then prevailing market price. The client Client hereby, acknowledges, agrees and accepts that he / she they shall bear all costs derived from the aforementioned actionaction including, including but not limited to, the cost on the change of the Spread. 45.3. 44.7 The Company offers, at its sole discretion, swap free (or “Islamic”) accounts Swap Free Accounts for any clients Clients who, for religious reasons, may choose not to receive or pay daily swap fees. Clients with Swap Free Accounts shall be allowed to trade in selected CFDs in underlying Financial Instruments which shall be selected by the Company also in at its sole discretion and in accordance with to its internal policies. The list of such underlying Financial Instruments (or the list of those CFDs for which Swap Free trading will not be permitted) shall be notified to each Client whose account Account is designated as a Swap Free Account. 45.4. 44.8 Where you have the Client has a Swap Free Account, you are the Client is obliged to close any open CFD position within 45 (forty-five) calendar days of opening thereof. In the event of your the Client’s failure to do so, the Company shall have a the right to treat any such instance as an abuse by you the Client of the terms of operation of such Swap Free Account and take any of the actions specified in paragraphs (a) to (d) of Paragraph 43.2 42.2 above and/or charge to such open CFD positions the rollover charges in accordance with Paragraph 15 hereofof this Agreement, in each case with retroactive effect. 45.5. 44.9 The Company reserves the right to terminate swap free Swap Free privileges at any time, provided it provides notice to the clients Client as stipulated in this Agreement. 45.6. 44.10 Swap Free Accounts are liable for dividends, other corporate actions and daily funding charges which will be reflected in the relevant Account statementsStatements. 45.7. 44.11 Clients who wish to have a Swap Free Account and are not of any Islamic Religion, must create a minimum trading volume per month. The minimum trading volume per month will be calculated for closed positions only as follows: Account Equity * *300 **Example: Account Equity (at January 1st) was 520k$ → Client should create a minimum volume of 156M$ (520$*300) till the end of the month. The equity will Equity shall be taken from the first day of the month  month. • FX: Number of lots Lots * Contract size *Size * Conversion to US dollar  Example: EURUSD 1 lot → 1*100,000 Euro *1.22= 122.000$ • CFD: Number of lots Lots* Contract size *Closing price * Conversion Size*Closing Price*Conversion to US dollar 46.1. The Company may, at its sole discretion offer CFDs on cryptocurrencies for trading on its Online Trading Facility, from time to time. Cryptocurrencies, when used in this agreement, unless the context otherwise requires, shall mean a type of decentralized digital currency or asset which is not issued by any central bank or issuer in which encryption techniques are used to facilitate the generation of units of the currency or asset and verify the transfer of units (“Cryptocurrencies”). 46.2. The Client hereby acknowledges and accepts that Cryptocurrencies are traded on non-regulated decentralized digital exchanges. Accordingly, the price formation and price movements of these products depend solely on the internal rules of the particular digital exchange which may be subject to change at any point in time and without prior notice. In this respect, the Client further acknowledges and accepts that this may often lead to wide fluctuation (i.e. high volatility) in the prices of these products, which may be substantially higher compared to the Financial Instruments offered by the Company and may result in significant loss over a short period of time. 46.3. The market and pricing data on Cryptocurrencies are derived from the digital decentralized exchanges that the Cryptocurrencies are traded on. Due to the fact that the market and data pricing formation rules on Cryptocurrencies, provided by such exchanges, are not subject to any regulatory supervision, they may be subject to changes in the relevant digital exchange’s discretion at any time. Likewise, such digital exchanges may introduce trading suspensions or take other actions that may result in the suspension or cessation of trading on such exchanges or the price and market data feed becoming unavailable to the Company. The above factors could result in material adverse effect on the Client’s open positions, including the loss of all of the Client’s invested capital. Where a temporary or permanent disruption to or cessation of trading occurs on any digital exchange from which the company derives their price feeds for the relevant Cryptocurrency, the Client’s positions in such Cryptocurrency will be priced at the last available price for the relevant Cryptocurrency, and the Client may be unable to close or liquidate their position or withdraw any funds related to such position until the trading on the relevant digital exchange resumes (if at all). The Client accepts that where trading resumes again at either the relevant initial digital exchange or on any successor exchange thereof, there may be significant price differential (price gapping) which may impact the value of the Client’s CFD positions in the relevant Cryptocurrencies and result significant profit or losses. Where trading does not resume, all of the Client’s invested capital could potentially be lost. The Client hereby acknowledges accepts that they have been informed by the Company of and understands this particular risk into account when taking investment decisions in respect of trading CFDs on Cryptocurrencies. 46.4. The Client hereby acknowledges, represents and warrants to the company that, when trading in CFDs on Cryptocurrencies, they fully understand the specific characteristics and risks related to these Cryptocurrencies and that trading in Cryptocurrencies and/or CFDs on Cryptocurrencies is not appropriate for all investors.dollar Example: XAUEUR 1 Lot → 1*100*1090.95*1.22= 133,096$

Swap Free Client Accounts. Islamic accounts that are compliant with the Sharia law. Forex Islamic account is known as a swap-free account as there is no swap or rollover interest on overnight positions, which is against the Muslim faith. All Muslim clients can benefit from the Company’s best trading conditions by opening any account with us. Islamic accounts have exactly the same trading conditions and terms as our regular trading account types. The only difference is that there are no swaps. Please make sure you comply with our Islamic (Swap-Free) trading account use agreement before applying for a swap-free account status. 45.1. In the event the Client, due to their observance of their religious beliefs, cannot receive or pay interest, such Client may apply, by completing and submitting to the Company an application form which shall be provided to you on your request (this form may be amended by the Company from time to time) or via such other procedure as the Company may designate from time to time in its sole discretion, for their Account to be designed as a Swap Free Account not charged with or entitled to, premiums and/or rollovers and/or interest (“Swap Free Account”). The client hereby confirms and/ or accepts and/or declares that a request to render their Account Swap Free shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse accepting the request of a client to designate their Account as a swap free account, upon its sole and absolute discretion which shall be conclusive and undisputable upon the Client. 45.2. In the event that the Company suspects that a Client is abusing the rights conferred to them by the classification of the Account as Swap Free Account, the Company has the right, without prior notice, to proceed with one or more of the following: a) The Company may add commission upon each and every one of the trades executed on the Swap Free Account; and/or b) The Company may cancel the special rights and/or conditions conferred to the Account due to its classification as Swap Free Account, recall the designation of the Account as Swap Free Account and render it a normal trading Account; and/or c) The Company may restrict and/or prohibit the client from hedging their positions; and/or d) The Company may, upon its sole discretion, close any open positions and reinstate them upon the then prevailing market price. The client hereby, acknowledges, agrees and accepts that he / she shall bear all costs derived from the aforementioned action, including but not limited to, the cost on the change of the Spread 45.3. The Company offers, at its discretion, swap free (or “Islamic”) accounts for any clients who, for religious reasons, may choose not to receive or pay daily swap fees. Clients with Swap Free Accounts shall be allowed to trade in selected CFDs in underlying Financial Instruments which shall be selected by the Company also in its sole discretion and in accordance with its internal policies. The list of such underlying Financial Instruments (or the list of those CFDs for which Swap Free trading will not be permitted) shall be notified to each Client whose account is designated as Swap Free Account. 45.4. Where you have a Swap Free Account, you are obliged to close any open CFD position within 45 (forty-five) calendar days of opening thereof. In the event of your failure to do so, the Company shall have a right to treat any such instance as an abuse by you of the terms of operation of such Swap Free Account and take any of the actions specified in paragraphs (a) to (d) of Paragraph 43.2 above and/or charge to such open CFD positions the rollover charges in accordance with Paragraph 15 hereof, in each case with retroactive effect. 45.5. The Company reserves the right to terminate swap free privileges at any time, provided it provides notice to the clients as stipulated in this Agreement. 45.6. Swap Free Accounts are liable for dividends, other corporate actions and daily funding charges which will be reflected in the relevant Account statements. 45.7. Clients who wish to have a Swap Free Account and are not of any Islamic Religion, must create a minimum trading volume per month. The minimum trading volume per month will be calculated for closed positions only as follows: Account Equity * 300 of 156M$ (520K$*300) till the end of the month. **The equity will be taken from the first day of the month  • FX: Number of lots * Contract size *Conversion to US dollar  • CFD: Number of lots * Contract size *Closing price * Conversion to US dollar 46.1. The Company may, at its sole discretion offer CFDs on cryptocurrencies for trading on its Online Trading Facility, from time to time. Cryptocurrencies, when used in this agreement, unless the context otherwise requires, shall mean a type of decentralized digital currency or asset which is not issued by any central bank or issuer in which encryption techniques are used to facilitate the generation of units of the currency or asset and verify the transfer of units (“Cryptocurrencies”). 46.2. The Client hereby acknowledges and accepts that Cryptocurrencies are traded on non-regulated decentralized digital exchanges. Accordingly, the price formation and price movements of these products depend solely on the internal rules of the particular digital exchange which may be subject to change at any point in time and without prior notice. In this respect, the Client further acknowledges and accepts that this may often lead to wide fluctuation (i.e. high volatility) in the prices of these products, which may be substantially higher compared to the Financial Instruments offered by the Company and may result in significant loss over a short period of time. 46.3. The market and pricing data on Cryptocurrencies are derived from the digital decentralized exchanges that the Cryptocurrencies are traded on. Due to the fact that the market and data pricing formation rules on Cryptocurrencies, provided by such exchanges, are not subject to any regulatory supervision, they may be subject to changes in the relevant digital exchange’s discretion at any time. Likewise, such digital exchanges may introduce trading suspensions or take other actions that may result in the suspension or cessation of trading on such exchanges or the price and market data feed becoming unavailable to the Company. The above factors could result in material adverse effect on the Client’s open positions, including the loss of all of the Client’s invested capital. Where a temporary or permanent disruption to or cessation of trading occurs on any digital exchange from which the company derives their price feeds for the relevant Cryptocurrency, the Client’s positions in such Cryptocurrency will be priced at the last available price for the relevant Cryptocurrency, and the Client may be unable to close or liquidate their position or withdraw any funds related to such position until the trading on the relevant digital exchange resumes (if at all). The Client accepts that where trading resumes again at either the relevant initial digital exchange or on any successor exchange thereof, there may be significant price differential (price gapping) which may impact the value of the Client’s CFD positions in the relevant Cryptocurrencies and result significant profit or losses. Where trading does not resume, all of the Client’s invested capital could potentially be lost. The Client hereby acknowledges accepts that they have been informed by the Company of and understands this particular risk into account when taking investment decisions in respect of trading CFDs on Cryptocurrencies. 46.4. The Client hereby acknowledges, represents and warrants to the company that, when trading in CFDs on Cryptocurrencies, they fully understand the specific characteristics and risks related to these Cryptocurrencies and that trading in Cryptocurrencies and/or CFDs on Cryptocurrencies is not appropriate for all investors.

Swap Free Client Accounts. Islamic accounts that are compliant with the Sharia law. Forex Islamic account is known as a swap-free swap‐free account as there is no swap or rollover interest on overnight positions, which is against the Muslim faith. All Muslim clients can benefit from the Company’s best trading conditions by opening any account with us. Islamic accounts have exactly the same trading conditions and terms as our regular trading account types. The only difference is that there are no swaps. Please make sure you comply with our Islamic (Swap-FreeSwap‐Free) trading account use agreement before applying for a swap-free swap‐free account status. 45.1. In the event the Client, due to their observance of their religious beliefs, cannot receive or pay interest, such Client may apply, by completing and submitting to the Company an application form which shall be provided to you on your request (this form may be amended by the Company from time to time) or via such other procedure as the Company may designate from time to time in its sole discretion, for their Account to be designed as a Swap Free Account not charged with or entitled to, premiums and/or rollovers and/or interest (“Swap Free Account”). The client hereby confirms and/ or accepts and/or declares that a request to render their Account Swap Free shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse accepting the request of a client to designate their Account as a swap free account, upon its sole and absolute discretion which shall be conclusive and undisputable upon the Client. 45.2. In the event that the Company suspects that a Client is abusing the rights conferred to them by the classification of the Account as Swap Free Account, the Company has the right, without prior notice, to proceed with one or more of the following: a) The Company may add commission upon each and every one of the trades executed on the Swap Free Account; and/or b) The Company may cancel the special rights and/or conditions conferred to the Account due to its classification as Swap Free Account, recall the designation of the Account as Swap Free Account and render it a normal trading Account; and/or c) The Company may restrict and/or prohibit the client from hedging their positions; and/or d) The Company may, upon its sole discretion, close any open positions and reinstate them upon the then prevailing market price. The client hereby, acknowledges, agrees and accepts that he / she shall bear all costs derived from the aforementioned action, including but not limited to, the cost on the change of the Spread 45.3. The Company offers, at its discretion, swap free (or “Islamic”) accounts for any clients who, for religious reasons, may choose not to receive or pay daily swap fees. Clients with Swap Free Accounts shall be allowed to trade in selected CFDs in underlying Financial Instruments which shall be selected by the Company also in its sole discretion and in accordance with its internal policies. The list of such underlying Financial Instruments (or the list of those CFDs for which Swap Free trading will not be permitted) shall be notified to each Client whose account is designated as Swap Free Account. 45.4. Where you have a Swap Free Account, you are obliged to close any open CFD position within 45 (forty-fiveforty‐five) calendar days of opening thereof. In the event of your failure to do so, the Company shall have a right to treat any such instance as an abuse by you of the terms of operation of such Swap Free Account and take any of the actions specified in paragraphs (a) to (d) of Paragraph 43.2 above and/or charge to such open CFD positions the rollover charges in accordance with Paragraph 15 hereof, in each case with retroactive effect. 45.5. The Company reserves the right to terminate swap free privileges at any time, provided it provides notice to the clients as stipulated in this Agreement. 45.6. Swap Free Accounts are liable for dividends, other corporate actions and daily funding charges which will be reflected in the relevant Account statements. 45.7. Clients who wish to have a Swap Free Account and are not of any Islamic Religion, must create a minimum trading volume per month. The minimum trading volume per month will be calculated for closed positions only as follows: Account Equity * 300 **The equity will be taken from the first day of the month  FX: Number of lots * Contract size *Conversion to US dollar  CFD: Number of lots * Contract size *Closing price * Conversion to US dollar 46.1. The Company may, at its sole discretion offer CFDs on cryptocurrencies for trading on its Online Trading Facility, from time to time. Cryptocurrencies, when used in this agreement, unless the context otherwise requires, shall mean a type of decentralized digital currency or asset which is not issued by any central bank or issuer in which encryption techniques are used to facilitate the generation of units of the currency or asset and verify the transfer of units (“Cryptocurrencies”). 46.2. The Client hereby acknowledges and accepts that Cryptocurrencies are traded on non-regulated non‐regulated decentralized digital exchanges. Accordingly, the price formation and price movements of these products depend solely on the internal rules of the particular digital exchange which may be subject to change at any point in time and without prior notice. In this respect, the Client further acknowledges and accepts that this may often lead to wide fluctuation (i.e. high volatility) in the prices of these products, which may be substantially higher compared to the Financial Instruments offered by the Company and may result in significant loss over a short period of time. 46.3. The market and pricing data on Cryptocurrencies are derived from the digital decentralized exchanges that the Cryptocurrencies are traded on. Due to the fact that the market and data pricing formation rules on Cryptocurrencies, provided by such exchanges, are not subject to any regulatory supervision, they may be subject to changes in the relevant digital exchange’s discretion at any time. Likewise, such digital exchanges may introduce trading suspensions or take other actions that may result in the suspension or cessation of trading on such exchanges or the price and market data feed becoming unavailable to the Company. The above factors could result in material adverse effect on the Client’s open positions, including the loss of all of the Client’s invested capital. Where a temporary or permanent disruption to or cessation of trading occurs on any digital exchange from which the company derives their price feeds for the relevant Cryptocurrency, the Client’s positions in such Cryptocurrency will be priced at the last available price for the relevant Cryptocurrency, and the Client may be unable to close or liquidate their position or withdraw any funds related to such position until the trading on the relevant digital exchange resumes (if at all). The Client accepts that where trading resumes again at either the relevant initial digital exchange or on any successor exchange thereof, there may be significant price differential (price gapping) which may impact the value of the Client’s CFD positions in the relevant Cryptocurrencies and result significant profit or losses. Where trading does not resume, all of the Client’s invested capital could potentially be lost. The Client hereby acknowledges accepts that they have been informed by the Company of and understands this particular risk into account when taking investment decisions in respect of trading CFDs on Cryptocurrencies. 46.4. The Client hereby acknowledges, represents and warrants to the company that, when trading in CFDs on Cryptocurrencies, they fully understand the specific characteristics and risks related to these Cryptocurrencies and that trading in Cryptocurrencies and/or CFDs on Cryptocurrencies is not appropriate for all investors.

Swap Free Client Accounts. Islamic accounts that are compliant with the Sharia law. Forex Islamic account is known as a swap-free account as there is no swap or rollover interest on overnight positions, which is against the Muslim faith. All Muslim clients can benefit from the Company’s best trading conditions by opening any account with us. Islamic accounts have exactly the same trading conditions and terms as our regular trading account types. The only difference is that there are no swaps. Please make sure you comply with our Islamic (Swap-Free) trading account use agreement before applying for a swap-free account status. 45.1. In the event the Client, due to their observance of their religious beliefs, cannot receive or pay interest, such Client may apply, by completing and submitting to the Company an application form which shall be provided to you on your request (this form may be amended by the Company from time to time) or via such other procedure as the Company may designate from time to time in its sole discretion, for their Account to be designed as a Swap Free Account not charged with or entitled to, premiums and/or rollovers and/or interest (“Swap Free Account”). The client Client hereby confirms and/ or accepts and/or declares that a request to render their Account Swap Free shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse accepting the request of a client Client to designate their Account as a swap free account, upon its sole and absolute discretion which shall be conclusive and undisputable upon the Client. 45.2. In the event that the Company suspects that a Client is abusing the rights conferred to them by the classification of the Account as Swap Free Account, the Company has the right, without prior notice, to proceed with one or more of the following: a) The Company may add commission upon each and every one of the trades executed on the Swap Free Account; and/or b) The Company may cancel the special rights and/or conditions conferred to the Account due to its classification as Swap Free Account, recall the designation of the Account as Swap Free Account and render it a normal trading Account; and/or c) The Company may restrict and/or prohibit the client Client from hedging their positions; and/or d) The Company may, upon its sole discretion, close any open positions and reinstate them upon the then prevailing market price. The client Client hereby, acknowledges, agrees and accepts that he / she shall bear all costs derived from the aforementioned action, including but not limited to, the cost on the change of the Spread. 45.3. The Company offers, at its discretion, swap free (or “Islamic”) accounts for any clients Clients who, for religious reasons, may choose not to receive or pay daily swap fees. Clients with Swap Free Accounts shall be allowed to trade in selected CFDs in underlying Financial Instruments which shall be selected by the Company also in its sole discretion and in accordance with its internal policies. The list of such underlying Financial Instruments (or the list of those CFDs for which Swap Free trading will not be permitted) shall be notified to each Client whose account is designated as Swap Free Account. 45.4. Where you have a Swap Free Account, you are obliged to close any open CFD position within 45 (forty-fivefortyfive) calendar days of opening thereof. In the event of your failure to do so, the Company shall have a right to treat any such instance as an abuse by you of the terms of operation of such Swap Free Account and take any of the actions specified in paragraphs (a) to (d) of Paragraph 43.2 45.2 above and/or charge to such open CFD positions the rollover charges in accordance with Paragraph 15 hereof, in each case with retroactive effect. 45.5. The Company reserves the right to terminate swap free privileges at any time, provided it provides notice to the clients as stipulated in this Agreement.” 45.6. Swap Free Accounts are liable for dividends, other corporate actions and daily funding charges which will be reflected in the relevant Account statements. 45.7. Clients who wish to have a Swap Free Account and are not of any Islamic Religion, must create a minimum trading volume per month. The minimum trading volume per month will be calculated for closed positions only as follows: Account Equity * 300 Example: account equity (at January 1st) was 520K$ -> client should create minimum trading volume of 156M$ (520K$*300) till the end of the month. **The equity will be taken from the first day of the month  Formula to calculate trading volume: • FX: Number of lots * Contract size *Conversion to US dollar  Example: EURUSD 1 lot -> 1* 100,000 euro * 1.22 = 122,000$ CFD: Number of lots * Contract size *Closing price * Conversion to US dollardollar Example: XAUEUR 1 lot -> 1* 100 *1090.95 euro * 1.22 = 133,096$ 46.1. The Company may, at its sole discretion offer CFDs on cryptocurrencies for trading on its Online Trading Facility, from time to time. Cryptocurrencies, when used in this agreement, unless the context otherwise requires, shall mean a type of decentralized digital currency or asset which is not issued by any central bank or issuer in which encryption techniques are used to facilitate the generation of units of the currency or asset and verify the transfer of units (“Cryptocurrencies”). 46.2. The Client hereby acknowledges and accepts that Cryptocurrencies are traded on non-regulated decentralized digital exchangesexchanges and there is no specific European regulatory framework governing the trading in Cryptocurrencies. Accordingly, the price formation and price movements of these products depend solely on the internal rules of the particular digital exchange which may be subject to change at any point in time and without prior notice. In this respect, the Client further acknowledges and accepts that this may often lead to wide fluctuation (i.e. high volatility) in the prices of these products, which may be substantially higher compared to the other Financial Instruments offered by the Company Company, and may result in significant loss over a short period of time. 46.3. The market and pricing data on Cryptocurrencies are derived from the digital decentralized exchanges that the Cryptocurrencies are traded on. Due to the fact that the market and data pricing formation rules on Cryptocurrencies, provided by such exchanges, are not subject to any regulatory supervision, they may be subject to changes in the relevant digital exchange’s discretion at any time. Likewise, such digital exchanges may introduce trading suspensions or take other actions that may result in the suspension or cessation of trading on such exchanges or the price and market data feed becoming unavailable to the Company. The above factors could result in material adverse effect on the Client’s open positions, including the loss of all of the Client’s invested capital. Where a temporary or permanent disruption to or cessation of trading occurs on any digital exchange from which the company derives their price feeds for the relevant Cryptocurrency, the Client’s positions in such Cryptocurrency will be priced at the last available price for the relevant Cryptocurrency, and the Client may be unable to close or liquidate their position or withdraw any funds related to such position until the trading on the relevant digital exchange resumes (if at all). The Client accepts that where trading resumes again at either the relevant initial digital exchange or on any successor exchange thereof, there may be significant price differential (price gapping) which may impact the value of the Client’s CFD positions in the relevant Cryptocurrencies and result significant profit or losses. Where trading does not resume, all of the Client’s invested capital could potentially be lost. The Client hereby acknowledges accepts that they have been informed by the Company of and understands this particular risk into account when taking investment decisions in respect of trading CFDs on Cryptocurrencies. 46.4. The Client hereby acknowledges, represents and warrants to the company that, when trading in CFDs on Cryptocurrencies, they fully understand the specific characteristics and risks related to these Cryptocurrencies and that trading in Cryptocurrencies and/or CFDs on Cryptocurrencies is not appropriate for all investors.

Swap Free Client Accounts. Islamic accounts that are compliant with the Sharia law. Forex An Islamic account is known as a swap-free account as there is no swap or rollover interest on overnight positions, which is against the Muslim faith. All Muslim clients can benefit from the Company’s best trading conditions by opening any account with us. Islamic accounts have exactly the same trading conditions and terms as our regular trading account types. The only difference is that there are no swaps. Please make sure you comply with our Islamic (Swap-Free) trading account use agreement before applying for a swap-free account status. 45.1. In the event the Client, due to their observance of their religious beliefs, cannot receive or pay interest, such Client may apply, by completing and submitting to the Company an application form which shall be provided to you on your request (this form may be amended by the Company from time to time) or via such other procedure as the Company may designate from time to time in its sole discretion, for their Account to be designed as a Swap Free Account not charged with or entitled to, premiums and/or rollovers and/or interest (“Swap Free Account”). The client hereby confirms and/ or accepts and/or declares that a request to render their Account Swap Free shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse accepting the request of a client to designate their Account as a swap free account, upon its sole and absolute discretion which shall be conclusive and undisputable upon the Client. 45.2. In the event that the Company suspects that a Client is abusing the rights conferred to them by the classification of the Account as Swap Free Account, the Company has the right, without prior notice, to proceed with one or more of the following: a) The Company may add commission upon each and every one of the trades executed on the Swap Free Account; and/or b) The Company may cancel the special rights and/or conditions conferred to the Account due to its classification as Swap Free Account, recall the designation of the Account as Swap Free Account and render it a normal trading Account; and/or c) The Company may restrict and/or prohibit the client from hedging their positions; and/or d) The Company may, upon its sole discretion, close any open positions and reinstate them upon the then prevailing market price. The client hereby, acknowledges, agrees and accepts that he / she shall bear all costs derived from the aforementioned action, including but not limited to, the cost on the change of the Spread 45.3. The Company offers, at its discretion, swap free (or “Islamic”) accounts for any clients who, for religious reasons, may choose not to receive or pay daily swap fees. Clients with Swap Free Accounts shall be allowed to trade in selected CFDs in underlying Financial Instruments which shall be selected by the Company also in its sole discretion and in accordance with its internal policies. The list of such underlying Financial Instruments (or the list of those CFDs for which Swap Free trading will not be permitted) shall be notified to each Client whose account is designated as Swap Free Account. 45.4. Where you have a Swap Free Account, you are obliged to close any open CFD position within 45 (forty-five) calendar days of opening thereof. In the event of your failure to do so, the Company shall have a right to treat any such instance as an abuse by you of the terms of operation of such Swap Free Account and take any of the actions specified in paragraphs (a) to (d) of Paragraph 43.2 above and/or charge to such open CFD positions the rollover charges in accordance with Paragraph 15 hereof, in each case with retroactive effect. 45.5. Swap Free accounts like Islamic trading accounts are subject to handling fees to be charged or credited based on the market value of open positions held overnight. Handling fees shall be charged or credited on a daily basis at precisely 23:59 (Server Time). Equity and Cryptocurrencies positions that remain open at the end of Friday's business day will be processed for three days in advance. Open positions in all other trading instruments that remain open at the end of Wednesday's business day will also be processed for three days in advance. Handling fees shall be processed in the account currency and shall not be processed for positions open for less than seven days. Beginning on the eighth business day, the company shall commence charging handling fees for open positions. 45.6. The Company reserves the right to terminate swap free privileges at any time, provided it provides notice to the clients as stipulated in this Agreement. 45.645.7. Swap Free Accounts are liable for dividends, other corporate actions and daily funding charges which will be reflected in the relevant Account statements. 45.745.8. Clients who wish to have a Swap Free Account and are not of any Islamic Religion, must create a minimum trading volume per month. The minimum trading volume per month will be calculated for closed positions only as follows: Account Equity * 300 **The equity will be taken from the first day of the month  • FX: Number of lots * Contract size *Conversion to US dollar  • CFD: Number of lots * Contract size *Closing price * Conversion to US dollar 46.1. The Company may, at its sole discretion offer CFDs on cryptocurrencies for trading on its Online Trading Facility, from time to time. Cryptocurrencies, when used in this agreement, unless the context otherwise requires, shall mean a type of decentralized digital currency or asset which is not issued by any central bank or issuer in which encryption techniques are used to facilitate the generation of units of the currency or asset and verify the transfer of units (“Cryptocurrencies”). 46.2. The Client hereby acknowledges and accepts that Cryptocurrencies are traded on non-regulated decentralized digital exchanges. Accordingly, the price formation and price movements of these products depend solely on the internal rules of the particular digital exchange which may be subject to change at any point in time and without prior notice. In this respect, the Client further acknowledges and accepts that this may often lead to wide fluctuation (i.e. high volatility) in the prices of these products, which may be substantially higher compared to the Financial Instruments offered by the Company and may result in significant loss over a short period of time. 46.3. The market and pricing data on Cryptocurrencies are derived from the digital decentralized exchanges that the Cryptocurrencies are traded on. Due to the fact that the market and data pricing formation rules on Cryptocurrencies, provided by such exchanges, are not subject to any regulatory supervision, they may be subject to changes in the relevant digital exchange’s discretion at any time. Likewise, such digital exchanges may introduce trading suspensions or take other actions that may result in the suspension or cessation of trading on such exchanges or the price and market data feed becoming unavailable to the Company. The above factors could result in material adverse effect on the Client’s open positions, including the loss of all of the Client’s invested capital. Where a temporary or permanent disruption to or cessation of trading occurs on any digital exchange from which the company derives their price feeds for the relevant Cryptocurrency, the Client’s positions in such Cryptocurrency will be priced at the last available price for the relevant Cryptocurrency, and the Client may be unable to close or liquidate their position or withdraw any funds related to such position until the trading on the relevant digital exchange resumes (if at all). The Client accepts that where trading resumes again at either the relevant initial digital exchange or on any successor exchange thereof, there may be significant price differential (price gapping) which may impact the value of the Client’s CFD positions in the relevant Cryptocurrencies and result significant profit or losses. Where trading does not resume, all of the Client’s invested capital could potentially be lost. The Client hereby acknowledges accepts that they have been informed by the Company of and understands this particular risk into account when taking investment decisions in respect of trading CFDs on Cryptocurrencies. 46.4. The Client hereby acknowledges, represents and warrants to the company that, when trading in CFDs on Cryptocurrencies, they fully understand the specific characteristics and risks related to these Cryptocurrencies and that trading in Cryptocurrencies and/or CFDs on Cryptocurrencies is not appropriate for all investors.