Common use of TRADING AGENTS Clause in Contracts

TRADING AGENTS. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 Customer acknowledges that AvaTrade its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 Customer acknowledges and understands: (i) That AvaTrade makes no warranties nor representations concerning any Trading Agent, (ii) That AvaTrade its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTrade. 29.5 Customer acknowledges that upon receipt of the POA, AvaTrade is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade personnel will be liable for any such breakdown or failure. 29.8 Customer understands that by using a Trading Agent, Customer may incur a xxxx-up, above and beyond the ordinary spread generally provided by AvaTrade. Details of any such xxxx up will be provided in the agreement between the Trading Agent and Customer. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 Customer agrees to indemnify and hold Ava, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTrade, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose.

TRADING AGENTS. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 Customer acknowledges that AvaTrade its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 Customer acknowledges and understands: (i) That AvaTrade makes no warranties nor representations concerning any Trading Agent, (ii) That AvaTrade its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer Xxxxxxxx agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTrade. 29.5 Customer acknowledges that upon receipt of the POA, AvaTrade is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade XxxXxxxx to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade personnel will be liable for any such breakdown or failure. 29.8 Customer understands that by using a Trading AgentAgent or automated trading system, Customer may incur a xxxxmark-up, above and beyond the ordinary spread generally provided by AvaTrade. Details of any such xxxx mark up will be displayed in the spread on the client trading account using the automated system and/or provided in the agreement between the Trading Agent and Customer. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 Customer agrees to indemnify and hold AvaXxx, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTrade, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose.

TRADING AGENTS. 29.1 30.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 30.2 Customer acknowledges that AvaTrade its subsidiaries, affiliates marketing partners or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 30.3 Customer acknowledges and understands: (i) That AvaTrade makes no warranties nor representations concerning any Trading Agent, (ii) That AvaTrade its subsidiaries, affiliates marketing partners or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 30.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTrade. 29.5 30.5 Customer acknowledges that upon receipt of the POA, AvaTrade is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 30.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 29.7 30.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade personnel will be liable for any such breakdown or failure. 29.8 30.8 Customer understands that by using a Trading AgentAgent or automated trading system, Customer may incur a xxxx-up, above and beyond the ordinary spread generally provided by AvaTrade. Details of any such xxxx up will be displayed in the spread on the client trading account using the automated system and/or provided in the agreement between the Trading Agent and Customer. 29.9 30.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 30.10 Customer agrees to indemnify and hold Ava, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 30.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTrade, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose.

TRADING AGENTS. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 Customer acknowledges that AvaTrade Oceix its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 Customer acknowledges and understandsunderstand: (i) That AvaTrade Oceix makes no warranties nor representations concerning any Trading Agent, (ii) That AvaTrade Oceix its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade Oceix does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTradeOceix. 29.5 Customer acknowledges that upon receipt of the POA, AvaTrade Oceix is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade Oceix is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade Oceix to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade Oceix does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-third- party vendors and the Customer further agrees to hold AvaTrade Oceix harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade Oceix nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade Oceix personnel will be liable for any such breakdown or failure. 29.8 Customer understands that by using a Trading Agent, Customer may incur a xxxxmark-up, above and beyond the ordinary spread generally provided by AvaTradeOceix. Details of any such xxxx mark up will be provided in the agreement between the Trading Agent and Customer. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 Customer agrees to indemnify and hold AvaOceix, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, Options CFDs and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTradeOceix, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose.

TRADING AGENTS. 29.1 27.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- non-discretionary basis, Customer does so at its own risk. 29.2 27.2 Customer acknowledges that AvaTrade RaiseFX its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 27.3 Customer acknowledges and understands: (i) That AvaTrade RaiseFX makes no warranties nor representations concerning any Trading Agent, (ii) That AvaTrade RaiseFX its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade RaiseFX does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 27.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTradeRaiseFX. 29.5 27.5 Customer acknowledges that upon receipt of the POA, AvaTrade RaiseFX is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade RaiseFX is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade RaiseFX to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 27.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 29.7 27.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade RaiseFX does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Account. Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade RaiseFX harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade RaiseFX nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade RaiseFX personnel will be liable for any such breakdown or failure. 29.8 27.8 Customer understands that by using a Trading AgentAgent or automated trading system, Customer may incur a xxxx-up, above and beyond the ordinary spread generally provided by AvaTradeRaiseFX. Details of any such xxxx up will be displayed in the spread on the client trading account using the automated system and/or provided in the agreement between the Trading Agent and Customer. 29.9 27.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 27.10 Customer agrees to indemnify and hold AvaRaiseFX, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 27.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTradeRaiseFX, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose.

TRADING AGENTS. 29.1 30.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 30.2 Customer acknowledges that AvaTrade its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 30.3 Customer acknowledges and understands: (i) That AvaTrade makes no warranties nor representations concerning any Trading Agent, (ii) That AvaTrade its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 30.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTrade. 29.5 30.5 Customer acknowledges that upon receipt of the POA, AvaTrade is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 30.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 29.7 30.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade personnel will be liable for any such breakdown or failure. 29.8 30.8 Customer understands that by using a Trading Agent, Customer may incur a xxxx-up, above and beyond the ordinary spread generally provided by AvaTrade. Details of any such xxxx up will be provided in the agreement between the Trading Agent and Customer. 29.9 30.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 30.10 Customer agrees to indemnify and hold Ava, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 30.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTrade, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose.

TRADING AGENTS. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 Customer acknowledges that AvaTrade its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 Customer acknowledges and understands: (i) That AvaTrade makes no warranties nor representations concerning any Trading Agent, (ii) That AvaTrade its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer Xxxxxxxx agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTrade. 29.5 Customer acknowledges that upon receipt of the POA, AvaTrade is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade XxxXxxxx to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 Customer acknowledges that acknowledgesthat the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of themselvesof its competence and/or suitability to the Customer. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade personnel will be liable for any such breakdown or failure. 29.8 Customer understands that by using a Trading AgentAgent or automated trading system, Customer may incur a xxxxmark-up, above and beyond the ordinary spread generally provided by AvaTrade. Details of any such xxxx mark up will be displayed in the spread on the client trading account using the automated system and/or provided in the agreement between the Trading Agent and Customer. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken beentaken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 Customer agrees to indemnify and hold AvaXxx, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of managementof the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, CFDs and Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTrade, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose.

TRADING AGENTS. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 Customer acknowledges that AvaTrade FXPN its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 Customer acknowledges and understands: (i) That AvaTrade FXPN makes no warranties nor representations concerning any Trading AgentTradingAgent, (ii) That AvaTrade FXPN its subsidiaries, affiliates or agents shall not be responsible beresponsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade FXPN does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTradeFXPN. 29.5 Customer acknowledges that upon receipt of the POA, AvaTrade FXPN is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade FXPN is notified in writing by the Customer that Customerthat the POA is revoked or the POA has expired. The Customer authorises AvaTrade FXPN to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade FXPN does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade FXPN harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade FXPN nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade FXPN personnel will be liable for any such breakdown or failure. 29.8 Customer understands that by using a Trading AgentAgent or automated trading system, Customer may incur a xxxx-up, above and beyond the ordinary spread generally provided by AvaTradeFXPN. Details of any such xxxx up will be displayed in the spread on the client trading account using the automated system and/or provided in the agreement between the Trading Agent and Customer. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 Customer agrees to indemnify and hold AvaLeverate, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTradeFXPN, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose. 30. DISCLOSURE OF CUSTOMER INFORMATION 30.1 FXPN will not share or sell information regarding customers and/or prospective customers, except to its employees, agents, partners, and associates as required in the ordinary course of business, including, but not limited to, FXPN’s banking or credit relationships, or to other persons as disclosed in FXPN’s Privacy Statement. 30.2 FXPN may also disclose to federal or state regulatory agencies and law enforcement authorities’ information regarding Customer and Customer’s transactions in response to a request for such information or in response to a court order or subpoena. 30.3 FXPN will share or sell statistical information without disclosing Customer'sidentity.

TRADING AGENTS. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 Customer acknowledges that AvaTrade Vaanex its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 Customer acknowledges and understandsunderstand: (i) That AvaTrade Vaanex makes no warranties nor representations nowarranties norrepresentations concerning any Trading anyTrading Agent, (ii) That AvaTrade Vaanex its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade Vaanex does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTradeVaanex. 29.5 Customer acknowledges that upon receipt of the POA, AvaTrade Vaanex is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade Vaanex is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade to debit Customerauthorises Vaanex todebit Customer’s Account in accordance with the terms agreed Accountinaccordancewith thetermsagreed between Customer and Trading Agent and which are set out in the POA. 29.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade Vaanex does not take any responsibility for any such anysuch system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade Vaanex harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade Vaanex nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade Vaanex personnel will be liable for any such breakdown or failure. 29.8 Customer understands that by using a Trading Agent, Customer may incur a xxxx-up, above and beyond the ordinary spread generally provided by AvaTradeVaanex. Details of any such xxxx up will be provided in the agreement between the Trading Agent and Customer. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 Customer agrees to indemnify and hold AvaVaanex, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, Options CFDs and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTradeVaanex, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose.

TRADING AGENTS. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over controlover Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 Customer acknowledges that AvaTrade EXPremier its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 Customer acknowledges and understandsunderstand: (i) That AvaTrade ThatEXPremier makes no warranties nor representations norrepresentations concerning any Trading Agent, (ii) That AvaTrade EXPremier its subsidiaries, affiliates or agents shall not shallnot be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade EXPremier does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading aTrading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTradeEXPremier. 29.5 Customer acknowledges that upon receipt of the POA, AvaTrade EXPremier is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade EXPremier is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade EXPremier to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or competenceand/or suitability to the Customer. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading automatedtrading system. Customer acknowledges that AvaTrade EXPremier does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-third- party vendors and the Customer further agrees to hold AvaTrade EXPremier harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade EXPremier nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade EXPremier personnel will be liable for any such breakdown or failure. 29.8 Customer understands that by using a Trading Agent, Customer may incur a xxxx-up, above and beyond the ordinary spread generally provided by AvaTradeEXPremier. Details of any such xxxx up will be provided in the agreement between the Trading Agent and Customer. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 Customer agrees to indemnify and hold AvaholdEXPremier, harmless from and against all liabilitiesallliabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, Options CFDs and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTradeEXPremier, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can hecan afford to lose.

TRADING AGENTS. 29.1 30.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 30.2 Customer acknowledges that AvaTrade its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 30.3 Customer acknowledges and understands: (i) That AvaTrade makes no warranties nor representations concerning any Trading Agent, (ii) That AvaTrade its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 30.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTrade. 29.5 30.5 Customer acknowledges that upon receipt of the POA, AvaTrade is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade XxxXxxxx to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 30.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 29.7 30.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade personnel will be liable for any such breakdown or failure. 29.8 30.8 Customer understands that by using a Trading AgentAgent or automated trading system, Customer may incur a xxxxmark-up, above and beyond the ordinary spread generally provided by AvaTrade. Details of any such xxxx mark up will be displayed in the spread on the client trading account using the automated system and/or provided in the agreement between the Trading Agent and Customer. 29.9 30.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 30.10 Customer agrees to indemnify and hold AvaXxx, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 30.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futuresFutures, Forex, CFDs, Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTrade, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose.

TRADING AGENTS. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 Customer acknowledges that AvaTrade Oceix its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 Customer acknowledges and understandsunderstand: (i) That AvaTrade Oceix makes no warranties nowarranties nor representations concerning any concerningany Trading Agent, (ii) That AvaTrade Oceix its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade Oceix does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTradeOceix. 29.5 Customer acknowledges that upon receipt of the POA, AvaTrade Oceix is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade Oceix is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade Oceix to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are whichare set out in the POA. 29.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or competenceand/or suitability to the Customer. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade Oceix does not take any responsibility for any such system. The Customer is aware of the volume thevolume of trading and resulting commissions that such systems may generate maygenerate and the impact that this may have on the performance theperformance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade Oceix harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade Oceix nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade Oceix personnel will be liable for any such breakdown or failure. 29.8 Customer understands that by using a Trading Agent, Customer may incur a xxxx-up, above and beyond the ordinary spread generally provided by AvaTradeOceix. Details of any such xxxx up will be provided in the agreement between the Trading Agent and Customer. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 Customer agrees to indemnify and hold AvaOceix, harmless from and against all liabilities, losses, damages, cost and expenses, including attorneyincludingattorney's fees that arise thatarise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, Options CFDs and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTradeOceix, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose.

TRADING AGENTS. 29.1 30.1. Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 29.2 30.2. Customer acknowledges that AvaTrade Tample its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 30.3. Customer acknowledges and understands: (i) That AvaTrade Tample makes no warranties nor representations concerning any Trading Agent,; and (ii) That AvaTrade Tample its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, ; and (iii) That AvaTrade Tample does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 30.4. If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTradeTample. 29.5 30.5. Customer acknowledges that upon receipt of the POA, AvaTrade Tample is authorised authorized to follow the instructions of the Trading Agent in every respect until AvaTrade Tample is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade authorizes Tample to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 30.6. Customer acknowledges that the Trading Agent and many third third-party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 29.7 30.7. Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade Tample does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade Tample harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade Tample nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade Tample personnel will be liable for any such breakdown or failure. 29.8 30.8. Customer understands that by using a Trading Agent, Customer may incur a xxxx-up, above and beyond the ordinary spread generally provided by AvaTradeTample. Details of any such xxxx up markup will be provided in the agreement between the Trading Agent and Customer. 29.9 30.9. Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 30.10. Customer agrees to indemnify and hold AvaTample, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 30.11. The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, Options and Spread Betting CFDs is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through AvaTradeTample, whether through a Trading Agent or otherwise, if the Trader does not have capital capital, she/he can afford to lose.

TRADING AGENTS. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary nondiscretionary basis, Customer does so at its own risk. 29.2 Customer acknowledges that AvaTrade Friedberg Direct its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 29.3 Customer acknowledges and understands: (i) That AvaTrade Friedberg Direct makes no warranties nor representations concerning any Trading Agent, (ii) That AvaTrade Friedberg Direct its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent, and (iii) That AvaTrade Friedberg Direct does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to AvaTradeFriedberg Direct. 29.5 Customer acknowledges that upon receipt of the POA, AvaTrade Friedberg Direct is authorised to follow the instructions of the Trading Agent in every respect until AvaTrade Friedberg Direct is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorises AvaTrade Friedberg Direct to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 29.6 Customer acknowledges that the Trading Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that AvaTrade Friedberg Direct does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold AvaTrade Friedberg Direct harmless from any losses in the Account associated with these risks. Customer acknowledges that neither AvaTrade Friedberg Direct nor any of its officers, directors, vendors, employees, agents, associated persons or AvaTrade Friedberg Direct personnel will be liable for any such breakdown or failure. 29.8 Customer understands that by using a Trading Agent, Customer may incur a xxxx-up, above and beyond the ordinary spread generally provided by AvaTradeFriedberg Direct. Details of any such xxxx xxxx-up will be provided in the agreement between the Trading Agent and Customer. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 29.10 Customer agrees to indemnify and hold AvaFriedberg Direct, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs, CFDs including Forex and Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that shehe/he she should carefully consider trading through AvaTradeFriedberg Direct, whether through a Trading Agent or otherwise, if the Trader does not have capital she/he can afford to lose.