CLIENT AGREEMENTTERMS & CONDITIONS OF BUSINESSClient Agreement
Terms & Conditions of Business

TABLE OF CONTENTS
1.

INTRODUCTION ..................................................................................................................................................................................... 4

2.

ELECTRONIC SIGNATURES AND ACCEPTANCE OF AGREEMENT(S) ...................................................................... 6

3.

DEALINGS WITH US ............................................................................................................................................................................. 7

4.

CLIENT ACKNOWLEDGEMENTS .................................................................................................................................................... 95.

CLIENT ACCOUNTS ............................................................................................................................................................................. 116.

QUOTES AND PRICING .................................................................................................................................................................... 13

7.

ORDERS .................................................................................................................................................................................................... 14

8.

CONFLICTS OF INTEREST ................................................................................................................................................................17

9.

OPENING A TRANSACTION .......................................................................................................................................................... 18

10. CLOSING A TRANSACTION........................................................................................................................................................... 18

11.

A.

Transactions with no Expiry Date ........................................................................................................... 18

B.

Transactions with an Expiry Date ........................................................................................................... 19
ELECTRONIC TRADING SERVICE.................................................................................................................................................21

12. AUTHORISED REPRESENTATIVES .............................................................................................................................................. 26
13. MANIFEST ERROR .............................................................................................................................................................................. 26
14. PROHIBITED TRADING TECHNIQUES ...................................................................................................................................... 28
15. FEES AND CHARGES ........................................................................................................................................................................ 32
16. CLIENT MONEYS TRUST ACCOUNT (CMTA) ..................................................................................................................... 33
17. MARGIN .................................................................................................................................................................................................. 36
18. PAYMENTS, SET-OFF AND NETTING ....................................................................................................................................... 38
19. COMMUNICATIONS......................................................................................................................................................................... 40
20. EVENTS OF DEFAULT ........................................................................................................................................................................ 42
21. ACTION FOLLOWING AN EVENT OF DEFAULT ................................................................................................................... 43‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Business22. INDEMNITY AND LIMITATION OF LIABILITY .......................................................................................................................... 44
23. REPRESENTATIONS AND WARRANTIES ................................................................................................................................. 47
24. CREDIT ..................................................................................................................................................................................................... 48
25. FORCE MAJEURE EVENTS ............................................................................................................................................................. 48
26. CORPORATE EVENTS, TAKEOVERS, VOTING RIGHTS, INTEREST AND DIVIDENDS........................................ 49
A.

Corporate Events ......................................................................................................................................... 49

B.

Takeovers ....................................................................................................................................................... 49

C.

Voting Rights ................................................................................................................................................. 50

D.

Interest ............................................................................................................................................................ 50

E.

Dividends ........................................................................................................................................................ 51

27. KNOW YOUR CLIENT AND AML .................................................................................................................................................. 51
28. PRIVACY ................................................................................................................................................................................................. 52
29. TERMINATION ...................................................................................................................................................................................... 53
30. MISCELLANEOUS................................................................................................................................................................................ 53
31. DEFINITIONS ......................................................................................................................................................................................... 55
32. INTERPRETATION ............................................................................................................................................................................... 64
SCHEDULE 1 – TERMS FOR TRADING IN CFDS............................................................................................................................ 65
1.

SCOPE OF THIS SCHEDULE .......................................................................................................................................................... 65

2.

DEFINITIONS ......................................................................................................................................................................................... 66

3.

OPENING A CFD TRANSACTION ............................................................................................................................................... 66

4.

CLOSING A CFD TRANSACTION ............................................................................................................................................... 67

5.

TRIGGER EVENTS ............................................................................................................................................................................... 68

6.

TERMINATING A CFD ....................................................................................................................................................................... 68‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Business

CLIENT AGREEMENTTERMS & CONDITIONS OF BUSINESS
1.

INTRODUCTION

1.1.

A reference in this document to “we”, “us”, “FinPros”, “our”, “ours” and “ourselves” (as appropriate) is a reference to ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office
9A, Providence, Mahé, Seychelles. The Financial Services Authority (‘FSA’) of Seychelles asa Securities Dealer regulates ‘FinPros Financial Ltd with License number: SD087.

1.2.

A reference to “you”, “your” or “yours” is a reference to you, the Client.

1.3.

These terms (including any Schedules), once we have accepted your application andopened an Account for you, will form a legally binding contract (Agreement) between you
and us and will govern all Transactions entered into between FinPros and you and all dealings between you and FinPros.

1.4.

All of the Financial Products or financial services we provide are subject to the generalterms in this Agreement (including the Schedules) which apply to particular financial services you may receive or particular Financial Products we issue to you.

1.5.

You should read this Agreement carefully, including any other disclosure documents that
we supply to you in connection with your Account.

1.6.

This Agreement includes, in addition to any Schedules and the Client registration
form completed by you through our Website, any information provided to you during the
Client registration procedure.

1.7.

In addition, there are other documents and information available on our Website, which
are incorporated herein by reference and do form part of this Agreement, and which provide more details on us and your activities carried on with us, such as:a) our ‘Best Interest & Order Execution Policy’, which explains how trades are executed;b) our ‘Leverage and Margin Policy’, which explains the leverage and margin conditions applicable when you trade with us;‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Businessc) our ‘Complaints Handling Policy & Procedures’, which set out the procedures thatneeds to be followed in the event that a Client wishes to complain about our services and explains how your complaint will be handled;d) our ‘Website Terms & Conditions of Access & Use’, which apply to your access anduse of our Website(s);e) our ‘Deposits and Withdrawals Policy’, which explains how to deposit and withdraw funds to and from your trading Account.
f) our ‘Risk Disclosure Notice’, which summarizes the key risks involved in trading
CFDs.
g) our ‘Privacy Policy’, which explains how we deal with certain information you provide to us;
1.8.

Nothing in this Agreement will exclude or restrict any duty or liability owed by us to you
under the Applicable Laws, Rules and/or Regulations and if there is any conflict between
this Agreement and the Applicable Laws, Rules and/or Regulations, the Applicable Laws,
Rules and/or Regulations will prevail.

1.9.

This Agreement will come into effect when we accept your application and open yourAccount.

1.10.

In this Agreement, capitalized words and expressions have their meanings in clause 31.1
(unless those words are defined in a particular clause).

1.11.

This Agreement (amongst other things) also sets out the basis on which we will enter into
Transactions with you and governs each Transaction entered into or outstanding between you and us on or after this Agreement comes into effect.

1.12.

You will be classified and treated as a retail client unless we are otherwise required totreat you as a wholesale client. If you apply to be categorized as a wholesale client, we
will notify you of our decision and of your classification in writing.

1.13.

This Agreement does not, and you acknowledge that it does not constitute any personal
advice, financial advice, tax advice nor a recommendation or opinion that a particularFinancial Product or financial service is suitable appropriate for you.

1.14.

All dealings pursuant to this Agreement and in the Financial Products between us are subject to the Applicable Laws, Rules and/or Regulations.

1.15.

FinPros does not accept Clients who are under 18 years old.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Business
2. ELECTRONIC SIGNATURES AND ACCEPTANCE OF AGREEMENT(S)2.1.

You hereby expressly acknowledge and agree that: (a) by clicking in the appropriate
space, or on the “I Accept” button, the “Submit” button, or similar buttons or links as may
be designated by us to show your approval and acceptance of this Agreement and/or
any additional documents, information and/or other legal notices and statements (forming part of the Agreement or otherwise) contained on our Website(s) and/or Electronic
Trading Platform, and/or (b) by accessing or using, and/or by continuing to access or use,
our Electronic Trading Platform, you are entering into a legally binding contract by andbetween you and us, and you fully agree to abide by and to be bound by all the terms
and conditions set out in this Agreement and/or any additional documents, information
and/or other legal notices and statements (forming part of the Agreement or otherwise)
contained on our Website(s) and/or Electronic Trading Platform, as they may apply to you.

2.2.

You hereby agree to communications being made, and to the delivery of this Agreement
and/or any additional documents, information and/or other legal notices and statements(forming part of the Agreement or otherwise) contained on our Website(s) and/or Electronic Trading Platform via electronic media (including, without limitation, Electronic Messaging, Website postings, e-mail, or other electronic means) to the extent permitted by
any Applicable Laws, Rules and/or Regulations. Communications being made via electronic media in order to enter into contracts, place Orders and other records and to theelectronic delivery of notices, policies and records of transactions initiated or completed
through our Website(s) and/or Electronic Trading Platform and/or in relation thereto, shall,to the extent permitted by any Applicable Laws, Rules and/or Regulations, be treated assatisfying any legal requirement that a communication should be “signed” and/or “inwriting”. Accordingly, any such documents that are delivered to you electronically shall bedeemed to be “in writing”.

2.3.

If your signature or acknowledgement is required or requested with respect to any such
document and you “click” in the appropriate space, or on the “I Accept” button, the “Submit” button, or on similar buttons or links as may be designated by us to show your approval and acceptance thereof, or take such other action as may be indicated on our
Website(s) and/or Electronic Trading Platform, you will be deemed to have “signed”
and/or “acknowledged” the document to the same extent and with the same effect as if
you had signed the document manually. To the extent permitted under applicable mandatory law, you hereby waive any rights or requirements under any Applicable Laws, Rules
and/or Regulations in any jurisdiction, which require an original (non-electronic) signature or delivery or retention of non-electronic records. You hereby expressly acknowledge‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Businessyour understanding that you have the right to withdraw your consent to the electronicdelivery and signature of documents at any time by providing prior written notice to us.
However, if you revoke your consent, your access to an/or use of our Electronic Trading
Platform may be restricted or terminated, at our sole discretion and without any obligation on our end to provide you with any explanation and/or justification thereof.

3.

DEALINGS WITH US

3.1.

We will act as principal in Transactions with you and not as agent on your behalf.

3.2.

You will enter into each Transaction with us as principal and not as agent for any undisclosed person. This means that unless we have otherwise agreed in writing, we will treat
you as our Client for all purposes and you will be directly and personally responsible for
performing your obligations under each Transaction entered into by you, whether you aredealing with us directly or through an agent. If you act in connection with or on behalf ofsomeone else, whether or not you identify that person to us, we will not accept that person
as an indirect Client of ours and we will accept no obligation to them unless otherwise
specifically agreed by us in writing.

3.3.

Dealings with you will be carried out by us on an execution-only basis unless otherwise
agreed by us.

3.4.

You agree that, unless otherwise provided in this Agreement, we are under no obligation:a) to satisfy ourselves as to the suitability of any Transaction or Contract for you;b) to monitor or advise you on the status of any Transaction;c) to make Margin calls; ord) to Close Out any Transaction that you have opened.

3.5.

You will not be entitled to ask us to provide you with investment advice relating to a Transaction or ask us to make any statement of opinion to encourage you to open a particularTransaction.

3.6.

We may, in our absolute discretion, provide information:a) in relation to any Transaction about which you or your authorized representative
have enquired, particularly regarding procedures and risks attaching to that Transaction; andb) by way of factual market information.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of BusinessWe will, however, be under no obligation to disclose such information to you and in theevent of us supplying such information it will not constitute personal advice. If, notwithstanding the fact that dealings between you and us are on an execution-only basis, arepresentative of FinPros makes a statement of opinion (whether in response to your request or otherwise) regarding any Financial Product or Transaction, you agree that it is
not reasonable for you to, nor will you be entitled to, rely on such statement and that it will
not constitute personal advice.
3.7.

You acknowledge and agree that:a) any information given by us in respect of your dealings with us constitutes general
financial product advice only;b) any information provided to you will not take into account your personal objectives,
financial situation or needs; andc) you should, before opening any Transactions, consider the appropriateness of theinformation, having regard to your personal objectives, financial situation andneeds.

3.8.

You agree to rely on your own judgement in opening, Closing Out, or refraining from opening or Closing Out a Transaction with us.

3.9.

We will not, in the absence of fraud, willful default or negligence be liable for any Loss(including, without limitation, indirect or consequential losses or loss of opportunity or
profits arising from any failure by you to make any anticipated profits), costs, expenses ordamages suffered by you arising from any inaccuracy or mistake in any information or
advice, or unsuitability of any advice, given to you, including without limitation, information or advice relating to any of your Transactions with us.

3.10.

Subject to our right to void or Close Out any Transaction as set out in this Agreement, any
Transaction opened by you following such inaccuracy or mistake will nonetheless remain
valid and binding in all respects on both you and us.

3.11.

You acknowledge that information contained in the Contract Details is indicative only andmay, at the time when you open or Close Out a Transaction, have become inaccurate.
The more accurate details will be those displayed in your Account through the Electronic
Trading Service.

3.12.

You agree that, subject to the Applicable Laws, Rules and/or Regulations, we may provide
you with any such supplementary Product Disclosure Statement or new Product Disclosure Statement by publishing it on our website(s). In addition, we may in our discretion,‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Business
send any supplementary Product Disclosure Statement or new Product Disclosure Statement to you by email or by post at the relevant email address or postal address last notified by you to us.
3.13.

We reserve the right to require you to pay, or reimburse us for stamp duty and/or transfer
taxes in the event of a change in the basis of stamp duty rates, transfer tax rates or the
Applicable Laws, Rules and/or Regulations. We also reserve the right to charge you for theprovision by us to you of market data (be that raw or derived market data) but we will
notify beforehand if these charges will be applied.

3.14.

We offer different types of Accounts with different characteristics and features. Dependingon your knowledge and experience and the type of Transactions you generally enter intowith us, some of these Account types may not be available to you. We reserve the right toconvert your Account into a different account type if, acting reasonably, we determinethat a different type of account is more appropriate for you. We also reserve the right tochange the features and eligibility criteria of our accounts at any time and we will provide
prior notification of such changes on our website, by email or on our Electronic Trading
Service.

3.15.

From time to time, we may make additional services or specific types of Financial Products
available to you, for example, spot foreign exchange contracts. Such additional services
or Financial Products may be subject to special conditions.

3.16.

FinPros has discretions under this Agreement, which can affect your Transactions. You do
not have any power or right to direct how we exercise those discretions. We will, however,
have regard to our obligations under our Securities Dealer License (“SDL”) when exercising
our discretion.

4.

CLIENT ACKNOWLEDGEMENTS

4.1.

You, the Client, acknowledge and confirm to us for our benefit in relying on the following:a) you (or, if a corporate entity, your directors) have read and understood all documentation provided to you by us including this Agreement and any other disclosure
documents in relation to any Financial Products which you request FinPros to makeavailable to you in relation to your Account;b) you agree to be bound by this Agreement;‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Businessc) all dealings in Financial Products and the performance by us of our obligations under this Agreement are subject to the Applicable Laws, Rules and/or Regulations;d) FinPros relies on your representation that at all times you will be able to make payments and fulfil all commitments on your part arising under this Agreement andunder the conditions applicable to dealings between you and FinPros;e) that trading in Transactions incurs a risk of loss as well as a potential for profit;f) that dealing in the Contracts is highly speculative and you may lose more thanyour Initial Margin, Variation Margin and other payments you make to us;g) it is your obligation to continuously monitor your Account and ensure that it constantly has sufficient Margin Cover;h) you will indemnify and keep indemnified us and each of its related bodies corporate and their respective directors, officers, employees and agents from andagainst all sums of money, actions, proceedings, suits, Claims, complaints, Loss,demands, damages, costs, expenses and any other amounts whatever claimed
against any of them;i) FinPros is not required to act in accordance with your instructions if in our opinion
to do so would or could constitute a breach by us or our agent or hedge counterparty or any other Applicable Laws, Rules and/or Regulations;j) if errors have occurred in the pricing of Transactions quoted by us to the Client, we
may choose not to be bound by such Transactions (without further liability to the
Client) if we believe that there was a Manifest Error at the time of the Transaction;k) Financial Products traded on the Electronic Trading Service will not be settled by
the physical or deliverable settlement of the Underlying Instrument. Depending on
the Financial Product, they are generally rolled or “swapped” indefinitely until
Closed Out; - electronic trading servicel) an Open Position must remain open for the minimum period of time as determinedby us and cannot be Closed Out by you during this period;m) the English version of this Agreement prevails over any other translated version ofthis Agreement; andn) You agree with the deposit and withdrawal terms set out in our ‘Deposits and Withdrawals Policy’.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
Page 10 of 69

Client Agreement
Terms & Conditions of Business
4.2.

You acknowledge and authorize us to record any or all incoming and outgoing phone
calls with you without making a disclosure to you, every time you speak with a representative of FinPros. These calls may be recorded with or without an audible tone. You agree
that we may use such recordings for the purposes of monitoring and training its staff,
monitoring compliance with you and our respective regulatory and contractual obligations and resolving disputes. If there is a dispute between you, and us you have the rightto listen to any recording of those conversations (if still available). Nothing in this Agreement obliges us to keep a recording or to notify you that we have eliminated a recording.

4.3.

Recordings may be used to assess the performance of or to train our representatives,
monitoring compliance with our respective regulatory and contractual obligations andresolving disputes.

4.4.

You agree to examine the terms of each Confirmation immediately upon receipt and you
agree that the contents of a Confirmation, in the absence of Manifest Error, will be conclusive evidence of the executed Transaction, unless within forty-eight (48) hours of issue
of a written Confirmation you notify us of any disputed detail in the Confirmation received
by you.

4.5.

Complaints (which do not include disputed details) must be referred to us in accordancewith our policies and procedures from time to time for dispute resolution. Unresolved
complaints can be referred to the Financial Services Authority of Seychelles (FSA) at PO
Box 991, Bois de Rose Avenue, Roche Caiman, Victoria, Mahé, Republic of Seychelles.

4.6.

All representations, warranties and acknowledgments given by you under this Agreement
are taken to have been made at the time you complete the Application Form and aretaken to have been repeated by you:a) each time you place an Order with us;b) each time you enter into a Transaction with us; andc) each time we do anything or refrain from doing something under this Agreement
or as contemplated by this Agreement in connection with your Account or any
Transaction.

5.

CLIENT ACCOUNTS

5.1.

All of your dealings (including Transactions) will be within your Client Profile establishedwith us, which may include several trading accounts within that Client Profile.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Business
5.2.

Unless you have specifically requested us to open separate Accounts, you will be taken tohave only one Client Profile, with Transactions in respect of each Financial Product or financial service provided to you being recorded under that Client Profile.

5.3.

A Client may be comprised of two or more persons. If the Client is comprised of more than
one person then the Account will be deemed to be held by the persons as joint tenants.
The joint holding will only be deemed not to be held as joint tenants if there is a court
determination that it is not held as joint tenants.

5.4.

Each person constituting the Client (as recorded on the Application Form) are jointly andseverally liable for the obligations under this Agreement, and we may act on the instructions of any one of those persons.

5.5.

The calculations, reporting and administration may be performed by us separately foreach Account, so that (without limitation):a) Margin calculations may be managed, and enforcement action may be taken foreach Account separately;b) we may at any time aggregate one or more Accounts (for reporting or managing
Margins or otherwise for the purposes of this Agreement), even if you cannot immediately access reports for aggregated Accounts;c) we may set off any amount owing by you (including any negative balance in one
or more Accounts) against any amount we owe you in any other Account, without
notice.

5.6.

We may choose, in our absolute discretion, which Financial Products, Transactions, cash,
or account balance or other property to apply to offset a debt owed by you to us. For the
avoidance of doubt, this right of set off (and other rights of set off under this Agreement)
apply in respect of rights and obligations across more than one trading Account. You
agree that we may apply the set off as among one or more trading Accounts, before an
Event of Default on and following an Event of Default.

5.7.

We may, with or without prior notice, and in addition to any other rights we have under
this Agreement, do any one of or all of the following:a) Close-Out or cancel all or part, as we reasonably consider appropriate, any Transaction;b) reduce your positions limits;c) refuse your Orders;‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Businessd) suspend your Account (if we reasonably consider that appropriate);e) terminate this Agreement (if we reasonably consider that appropriate);f) adjust the price, size or value of an Open Position; org) adjust the Margin Cover requirement.

6.

QUOTES AND PRICING

6.1.

Upon your request and in accordance with this clause we will quote a higher and lower
figure for each Transaction (“our Bid and Ask prices”). Subject to clause 7.10, either thesefigures will be effectively based on comparable Bid and Ask prices in the Underlying Market or they will be our own Bid and Ask prices.

6.2.

You acknowledge that our Spreads can widen significantly in certain circumstances andthat they may not necessarily be the same size as the examples given in the Contract
Details or on the Website and that there is no limit on how large they may be.

6.3.

You acknowledge that when a Transaction is Closed Out, the Spread may be wider orsmaller than the Spread when the Transaction was opened. You acknowledge that we will
set such figures in our reasonable discretion. The Spread quoted by us will reflect our viewof prevailing market conditions.

6.4.

You acknowledge that our Quotes for dealing in our Financial Products are indicative onlyand so, are subject to the actual Quote at the time of execution of your Transaction. Thereis no assurance that the Contracts will actually be dealt with at the indicative Quote, especially if you delay placing the Order.

6.5.

Quotes can only be given, and Transactions made during the open market hours of therelevant Exchange or market on which the Underlying Instruments are traded. The open
hours of the relevant Exchanges are available on the Electronic Trading Service under the
specifications of each Underlying Instrument.

6.6.

We may, at any time and in our sole discretion, without prior notice impose limits on our
Financial Products in respect of particular Underlying Instruments. Ordinarily, we would
only do this if the market for the particular Underlying Instrument has become illiquid or
its trading status has been suspended or there is some significant disruption to the markets, including the Electronic Trading Services.

6.7.

You should be aware that the market prices and other market data, which you view
through the Electronic Trading or other facilities, which you arrange yourself, may not be‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businesscurrent or may not exactly correspond with the prices for our Financial Products offeredor dealt by us.
6.8.

If you access your Accounts and the Electronic Trading Services outside of the hours when
Orders may be accepted, you should be aware that the Orders may be processed at alater time when the relevant Exchange or market is open to trading, by which time themarket prices (and currency exchange values) might have changed significantly.

6.9.

We may notify you of certain Financial Products in respect of which we will not provide a
Quote, restrictions on the amount for which we will price, or other conditions that may
apply to our Quote, but any such notification (or failure to notify) will not be binding on us.

6.10.

If we choose to provide a Quote, we may provide it either verbally, by telephone or electronically via our Electronic Trading Services or by such other means as we may from time
to time notify to you.

6.11.

Our provision of a Quote (whether by telephone, Electronic Trading Service, or otherwise)
does not constitute an offer for you to open or Close Out a Transaction at those levels.

6.12.

You can only enter into a Transaction at the Quote provide by us (including through theElectronic Trading Service). We may, acting reasonably, accept or reject your Order at any
time until the Transaction has been executed or we have acknowledged that your Orderhas been withdrawn.

7.

ORDERS

7.1.

You enter into a Transaction with us by placing an Order and when that Order has been
received and accepted by us. Our acceptance of an Order to open or Close Out a Transaction, and thus the execution of the Transaction, will be evidenced by a Confirmation.

7.2.

Any delay or errors in the transmission of an Order or the execution of your instructions will
not be our responsibility nor are we liable for them (except to the extent that responsibility
cannot be excluded by law).

7.3.

You do not have a contract with us unless and until the moment, your Order is actually
executed. This will be shown on your Account.

7.4.

If we become aware that any of the factors set out in clause 7.5 (but we are not limited toonly these factors) are not satisfied at the time you place an Order (in our reasonable
opinion), we reserve the right to reject your Order. If we have already opened or Closed
Out a Transaction prior to becoming aware that a factor set out in clause 7.5 has not beensatisfied (in our reasonable opinion) we may, in our absolute discretion, either treat such

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Businessa Transaction as void from the outset or Close Out the Transaction at the prevailing priceor take any other steps that we consider necessary (as determined by us).
7.5.

The factors referred to in clause 6.4 include, but are not limited to, the following:a) the Quote must be obtained from us;b) the Quote must not be expressed as being given on an “indicative only” or similarbasis;
c) if you obtain the Quote by telephone:(i)

it must be given by a representative of FinPros;(ii)

your Order must be given during the same telephone conversation in which
you obtained the Quote; and(iii)

the FinPros’ representative must have confirmed that the Order has been
accepted by us;d) if you obtain the Quote electronically via our Electronic Trading Service, your Orderand our acceptance of it, must be given while the Quote is still valid;e) the Quote must not be a Manifest Error;f) when you place an Order, the number of shares, contracts or other units in respectof which the Transaction is to be opened must be neither smaller than the Minimum
Trade Size nor larger than the Normal Market Size;g) when you offer to Close Out part but not all of a Transaction, both the part of theTransaction that you offer to Close Out and the part that would remain open (subject to our acceptance of the Order) must not be smaller than the Minimum Trade
Size;h) a Force Majeure Event must not have occurred;i) when you offer to open a Transaction an Event of Default must not have occurred,
nor must you have acted in such a way as to trigger an Event of Default;j) the telephone or Electronic Conversation in which you place an Order must not beterminated before we have received and accepted your Order;k) when you offer to open or Close Out any Transaction, the opening of the Transaction must not result in you exceeding any credit or other limit placed on your dealings with us.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
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7.6.

We may refuse to accept an Order (including but not limited to any Order that relates toblack-box trading, scalping, churning, arbitrage or any similar trading practices) and wemay place a limit on any Order or place other conditions on the receipt of instructions orOrders, in our absolute discretion and for any reason.

7.7.

We may at any time use, add and change filters within an Electronic Trading Service,
which prevent delivery of Orders or execution of Orders. We will notify you of any refusal
or limitation as soon as reasonably practicable, unless we are prevented by law or by adirection from a regulatory authority from notifying you.

7.8.

We may cancel or amend an Order:a) if required by Applicable Laws, Rules and/or Regulations to do so;b) in the event of an error (including a Manifest Error);c) if we consider the cancellation or amendment appropriate, having regard to thedesirability to maintain a fair and orderly market, our obligations as the holder ofan SDL or as a participant or user of the relevant Exchange and our other legal andregulatory obligations; ord) if the Underlying Instrument, the subject of the Transaction has been subject to a
trading halt on an Exchange and you have not reconfirmed instructions.

7.9.

We reserve the right to refuse an Order, which is larger than the Normal Market Size. Our
Quote for a Transaction equal to or greater than Normal Market Size is not guaranteed to
be within any specific percentage of any Underlying Market or related market quotationand our acceptance of your Order may be subject to special conditions and requirementsthat we will notify you at the time we accept your Order. We will inform you of the Normal
Market Size for a particular Transaction if requested by you.

7.10.

Where an Underlying Instrument trades on multiple Underlying Markets, you agree that wemay, but are not required, to base our Quote on the aggregate prices in the Underlying
Markets for the Underlying Instrument.

7.11.

We will make reasonable efforts to effect any instructions to cancel or amend Orders as
quickly as possible. If, however, an Order is filled prior to a cancellation or amendment
instruction being effected, you are obliged to accept the Transaction on the original terms
prior to your amendment or cancellation instruction, unless the Transaction itself is cancelled or amended.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business
7.12.

You acknowledge that we do not operate any discretionary accounts and we will, unlessotherwise expressly provided by this Agreement, only act on your instructions.

7.13.

Unless otherwise specified in this Agreement, all Orders will remain open until either cancelled by you or purged by the Electronic Trading Service. We do not accept responsibility
for reinstating lapsed Orders or for contacting you to seek new instructions.

7.14.

You must not instruct us to submit an Order to enter into a Transaction which would
breach or cause us or any other person to breach the Act, the Applicable Laws, Rules
and/or Regulations or any other laws including, without limitation, any law or the Rules inrelation to:a) market manipulation, false trading, market rigging, fictitious transactions, black
box trading, high frequency trading, scalping, churning, wash trading or matchingof Orders;b) insider trading;c) short selling;d) creating a disorderly market or otherwise prejudicing the integrity or efficiency ofthe market; ore) misleading or deceptive conduct.

8.

CONFLICTS OF INTEREST

8.1.

We are required by law to take all reasonable steps to identify conflicts of interests between ourselves, our Associated Companies and our Clients, or between one Client andanother, that arise in the course of providing our financial services.

8.2.

Subject to the Applicable Laws, Rules and/or Regulations, we may pay to and accept fromthird parties (and not be liable to account to you) benefits, commissions or remunerations
which are paid or received as a result of Transactions entered into by you.

8.3.

We may give general financial product advice or provide other financial services (in accordance with our SDL) to another Client about or concerning the Underlying Market inrelation to which you enter a Transaction.

8.4.

We are not under any obligation to account to you for any profit, commission or remuneration made or received from or because of Transactions or circumstances in which
we have a material interest or where in particular circumstances a conflict of interest may
exist.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business
8.5.

You acknowledge that you are aware of the possibility that the conflicts disclosed in thisclause will arise and consent to us acting notwithstanding such conflict.

9.

OPENING A TRANSACTION

9.1.

The particular terms of each Transaction are agreed between you and us before entering
into a Transaction.

9.2.

Before you enter into a Transaction, you are required to have sufficient Account Value tosatisfy the Initial Margin requirements for the relevant number of contracts. The payments
you make to us are either held as Margin or withdrawn to pay the amounts for Realized/Unrealized Losses or any fees and charges, which you may owe.

9.3.

You will open a Transaction by “buying” or “selling”. In this Agreement, a Transaction thatis opened by “buying” is referred to as a “Buy Transaction” and may also, in our dealings
with you, be referred to as “long” or “long position”. A Transaction that is opened by “selling” is referred to as a “Sell Transaction” and may also, in our dealings with you, be referred
to as “short” or “short position”.

9.4.

When you open a Buy Transaction, the Opening Level will be the higher price quoted by us
for the Transaction and when you open a Sell Transaction, the Opening Level will be thelower price quoted by us for the Transaction.

9.5.

A Transaction must always be made for a specified number of the Underlying Instrument.

9.6.

Subject to any other provision in this Agreement, each Transaction opened by you will bebinding on you notwithstanding that by opening the Transaction you may have exceeded
any credit or other limit applicable to you or in respect of your dealings with us.

10.

CLOSING A TRANSACTION

A. Transactions with no Expiry Date
10.1.
Subject to any other provision in this Agreement and any requirement, which we may
specify in relation to Linked Transactions, you may Close Out an Open Position or any partof such Open Position at any time.
10.2.

When you Close Out an Open Position, the Closing Level will be, if you are Closing Out an
Undated Buy Transaction, the lower figure then quoted by us and, if you are Closing Out
an Undated Sell Transaction, the higher figure then quoted by us.

10.3.

At any time, you may give FinPros notice of your intention to Close Out any Transaction(whether in whole or part) by specifying the Underlying Instrument and the quantity that

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
Page 18 of 69

Client Agreement
Terms & Conditions of Business
you wish to close. This must be done by you placing an Order, which, if accepted, would
Close Out the Undated Transaction that you wish to close.
10.4.

Upon receipt of notice of intent to Close Out an Undated Transaction (by way of receiving
your Order), FinPros will use reasonable endeavors to provide the Closing Level (by way of
indicating prices to Close Out your Open Positions) and notify you of that quote (by theElectronic Trading Service or otherwise). It is your obligation to notify FinPros as soon as
possible, as to whether you are willing to accept the Closing Level. If you accept the Closing Level quoted by FinPros, the Undated Transaction, or relevant portion of the Undated
Transaction, will be Closed Out by issuing you with a Contract which is equal but opposite
to the open Contract, or relevant portion of the Contract, to be Closed Out.

10.5.

If the Underlying Instrument for the Contract is on terms that provide for its redemption,exchange or termination and you do not give notice to FinPros of your intention to Closeout the Contract or to roll it over on terms and by the time acceptable to FinPros (whether
or not you have any prior notice of that), you will be deemed to have given notice to
FinPros to Close Out that Contract at the Closing Level reasonably determined by FinPros.
In this case, FinPros will Close Out the Contract as at the time it determines.

10.6.

At the Close Out, if there is a difference between the Closing Value and the Contract Valueof the Contract it must be accounted for in the following way:a) if the Closing Value is greater than the Contract Value, the Short Party must pay to
the Long Party the difference; andb) if the Closing Value is less than the Contract Value, the Long Party must pay to the
Short Party the difference.

B. Transactions with an Expiry Date
10.7. Subject to this Agreement and any requirement we may specify in relation to Linked
Transactions, you may Close Out an open Expiry Transaction or any part of such open
Expiry Transaction at any time prior to the Last Dealing Time for that Transaction.
10.8.

Details of the applicable Last Dealing Time for each Expiry Transaction will normally beavailable in our Electronic Trading Service under the specifications of each Underlying Instrument. It is your responsibility to make yourself aware of the Last Dealing Time or, as
the case may be, the expiry time for a particular Expiry Transaction.

10.9.

When you Close Out an Expiry Transaction prior to the Last Dealing Time for the Expiry
Transaction, the Closing Level will, if the Expiry Transaction is a Buy Transaction, be the‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Businesslower figure then quoted by us and if the Expiry Transaction is a Sell Transaction, the higher
figure then quoted by us.
10.10. If you do not Close Out an Expiry Transaction in respect of an Underlying Instrument on or
before the Last Dealing Time then, subject to clause 10.15, we will Close Out your Expiry
Transaction as soon as we have ascertained the Closing Level of the Expiry Transaction.
The Closing Level of the Expiry Transaction will be:a) the last traded price at or prior to the close or the applicable official closing quotation or settlement price in the relevant Underlying Market as reported by the relevant Exchange plus or, as the case may be, minus;b) any Spread that we apply when such an Expiry Transaction is Closed Out. Details of
the Spread that we apply when a particular Expiry Transaction is Closed Out will be
set out in your Account.
10.11.

You acknowledge that it is your responsibility to make yourself aware of the Last Dealing
Time and of any Spread or commission that we may apply when an Expiry Transaction is
Closed Out.

10.12.

You acknowledge that it is your responsibility to make yourself aware of the next applicable contract period for an Expiry Transaction and that effecting the rollover of an Expiry
Transaction may result in you incurring losses on your Account.

10.13. Any agreement as to rolling over an Expiry Transaction or any other Transaction is entirely
at our discretion and we reserve the right to refuse to rollover an Expiry Transaction or any
other Transaction, despite any instruction you have given us, if we determine, acting reasonably, that to effect a rollover would result in you exceeding any credit or other limit
placed on your dealings with us.
10.14. Where we do effect a rollover of an Expiry Transaction or any other Transaction, the original Expiry Transaction will be Closed Out at or just prior to the Last Dealing Time and become due for settlement and a new Expiry Transaction will be created; such closing andopening terms will be on our terms.
10.15. Where an Expiry Transaction is in excess of four (4) times the Normal Market Size, or where
any number of such Expiry Transactions are together in excess of (4) times the Normal
Market Size, and where such Expiry Transaction(s) has not already been Closed Out prior
to the Last Dealing Time, we reserve the right to automatically roll over the Expiry Transaction(s) to the next contract period where we reasonably believe it is in your best interests or the best interests of our Clients as a whole to do so.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
Page 20 of 69

Client Agreement
Terms & Conditions of Business10.16. If we choose to roll over your Transaction(s), we will generally try to contact you before
the Last Dealing Time, but for the avoidance of doubt we may roll your Expiry Transaction(s) even if we have not contacted you and we will not be liable whatsoever for notcontacting you.
10.17.

If a Transaction is Closed Out, or settlement for difference being made:a) we will credit to your Account any amount payable by us to you; orb) you must pay to us any amount payable by you to us in cleared funds in any suchcurrency that we may require immediately upon the payment request being made.

10.18. If there is any surplus Margin in your Account, any amount owing by you in accordancewith this will be settled in whole or in part by debiting your Account with us.
10.19. When you Close Out a Transaction, you must pay us any commission, fees and othercharges as disclosed in, the Electronic Trading Service or the Website.
10.20. Unless we agree otherwise, all sums payable by you pursuant to this clause are due immediately upon the Closing Level of your Transaction being determined by us.
10.21.

We reserve the right to alter the Closing Level.

11.

ELECTRONIC TRADING SERVICE

11.1.

You represent and warrant that you are aware of all Applicable Regulations that apply toElectronic Trading Services that you use and that your use of the Electronic Trading Services will comply with all Applicable Regulations and this Agreement as amended fromtime to time.

11.2.

The provisions of this clause are in addition to the other clauses in this Agreement andgovern your use of the Electronic Trading Service or any information service we provide or
make available to you (including, without limitation, all software and communication
links) under which you may:a) place your Orders or transmit other instructions to us or other persons;b) enquire as to the availability or pricing or value of one or more Financial Products;c) receive market data and other information in relation to one or more Financial
Products; ord) receive Confirmations, Account balances or other information in connection withyour Account or Transactions.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
Page 21 of 69

Client Agreement
Terms & Conditions of Business11.3.

We have no obligation to accept, or to execute or cancel, all or any part of a Transactionthat you seek to execute or cancel through an Electronic Trading Service. Without limitation of the foregoing, we have no responsibility for instructions or transmissions that are
inaccurate or not received by us, and we may execute any Transaction on the terms actually received by us.

11.4.

You authorize us to act on any instruction given or appearing to be given by you using the
Security Data and received by us in relation to any Electronic Trading Service you use(Electronic Instruction).

11.5.

We are not obliged to act on any Electronic Instruction, or to execute or otherwise enter
into any particular Transaction, and we do not need to give any reasons for declining to
do so.

11.6.

Unless we agree otherwise with you, you will have no right to amend or revoke an Electronic Instruction once received by us.

11.7.

You will be responsible for the genuineness and accuracy, both as to content and form, of
any Electronic Instruction received by us.

11.8.

You acknowledge that we have the right, unilaterally and with immediate effect, to suspend or terminate (at any time, with or without cause or prior notice) all or any part of any
Electronic Trading Service, or your access to any Electronic Trading Service, to change thenature, composition or availability of any Electronic Trading Service, or to change the limits we set on the trading you may conduct through any Electronic Trading Service.

11.9.

All prices shown on any Electronic Trading Service are indicative and are subject to constant change.

11.10.

Use of any high speed or automated mass data entry system with the Electronic Trading
Service will only be permitted with our prior written consent, exercised in our sole discretion.

11.11.

Where we permit electronic communications between you and us to be based on a customized interface using a protocol such as FIX API, those communications will be interpreted by and subject to any rules of engagement for such interface protocol that areprovided to you.

11.12.

You are required to test any customized interface prior to using it in a live environmentand you agree you will be responsible for any errors or failure in your implementation of
the interface protocol.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business11.13.

FinPros has no obligation to resubmit Orders purged from any Electronic Trading Service.

11.14.

An Electronic Trading Service may be a proprietary service provided by us, or a service
provided to you by a third party pursuant to an arrangement with us. Where we grant you
access to an Electronic Trading Service, we will grant you, for the term of this Agreement,a non-exclusive, revocable and non-transferrable license to use our Electronic Trading
Service pursuant to and in strict accordance with the terms of this Agreement.

11.15.

We are providing the Electronic Trading Services to you only for your personal use andonly for the purposes outlined in this Agreement.

11.16.

You must not sell, lease, or provide, directly or indirectly, the Electronic Trading Services orany portion of the Electronic Trading Services to any third party except as permitted bythis Agreement.

11.17.

You acknowledge that all proprietary rights in the Electronic Trading Services are either
owned by us or by any applicable third-party service providers selected by us who havemade available to us all or part of the Electronic Trading Services.

11.18.

You receive no copyright, intellectual property rights or other rights in or to the Electronic
Trading Services, except those specifically set out in this Agreement.

11.19.

You must protect and not violate those proprietary rights in the Electronic Trading Services
and honor and comply with our reasonable requests to protect us and our third-party
service providers’ contractual, statutory and common law rights in the Electronic Trading
Services. If you become aware of any violation of our or our third-party service providers’proprietary rights in the Electronic Trading Services, you must notify us in writing immediately.

11.20.

If you receive any data, information or software via an Electronic Trading Service otherthan that which you are entitled to receive pursuant to this Agreement, you will immediately notify us and you must not use, in any way whatsoever, such data, information orsoftware.

11.21.

For some Electronic Trading Services software may be downloaded by you on one or more
Systems but under no circumstances are you permitted to use the Electronic Trading Service on more than one System at any one time.

11.22.

You will take all reasonable steps to ensure that no computer viruses, worms, Trojan
horses, software bombs or similar items are introduced into the System or software you
use to access our Electronic Trading Services.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business11.23.

You agree that:a) you must not use the Electronic Trading Service (or permit or procure any otherperson to use the Electronic Trading Service) until the Security Data has been provided by us;b) the Security Data is confidential;c) you are responsible for maintaining the confidentiality and use of that Security
Data at all times and must procure that any of your authorized person maintains
the confidentiality of the Security Data;d) you will not permit, consent or allow any person to use the Security Data or to access or use the Electronic Trading Service using that Security Data;e) you will not provide, disclose or make available the Security Data to any person;f) you must notify us immediately upon becoming aware of any unauthorized use of
the Security Data or the Electronic Trading Service;g) there are significant risks in using an Electronic Trading Service to deal in our Financial Products because it is operated by computer and telecommunication systems,
which are exposed to risks associated with the operation of such electronic system,
including the failure of hardware and software and system down time, with respect
to our Electronic Trading Service, the individual customer’s systems, and the communications infrastructure (for example the internet) connecting the our Electronic
Trading Service with customers.
h) you are responsible for becoming familiar with and must read any user manuals
or materials in relation to the Electronic Trading Service.

11.24.

You acknowledge and agree that all market data and information in relation to trading,volumes and pricing for a financial market provided through any Electronic Trading Service may be proprietary information of the relevant Exchange or financial market or another person and any display, dissemination or other use of that information may be subject to restrictions imposed by the financial market or other person. You are responsible
for complying with any such restrictions.

11.25.

You acknowledge and agree that:a) you are only permitted to access and use the Electronic Trading Service, using the
Security Data;‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Businessb) we are entitled to rely on all instructions given by, on behalf of, or apparently on
your behalf, using the Security Data; despite any other provision of this Agreement,
we are not liable for any Loss caused by us acting on instructions or other communications using the Security Data;c) there may be delays in the processing, execution, amendment or cancellation ofan Order entered through the Electronic Trading Service and:(i)an Order may be filled before an instruction for its amendment or cancellation is processed;(ii)

you remain liable to settle the original Order, until any relevant amendment
or cancellation is effected; and(iii)

FinPros will not be liable for any Loss incurred by you arising from any delayin the dissemination of market information or the processing of any Order;d) the execution of an Order placed through the Electronic Trading Service may bedelayed by filters or other electronic features of the electronic system;e) we are not responsible for the processing, execution or cancellation of any Orders
submitted through the Electronic Trading Service, regardless of who enters such
Orders and regardless of whether or not there is an error in the Order entry or for
any delays; andf) you are responsible for ensuring you have in place alternative arrangements forthe execution of Orders or other services available through the Electronic Trading
Service, if the Electronic Trading Service or any aspect of it ceases to be available
or subject to failure (including, for example, arrangements for the use of telephoneor facsimile).
11.26.

You are solely responsible for the implications and consequences of any unauthorized
use of your Security Data and access of the Electronic Trading Service.

11.27.

If a failure, interruption or malfunction of electronic communication between the parties
prevents an Order from being placed, cancelled or amended then, without limiting anyother right in this Agreement, neither party is liable to the other party for any Loss caused
then by that failure, interruption or malfunction.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Business11.28.

We and our licensors (as the case may be) will retain the intellectual property rights in allelements of the software and such software and databases contained within the Electronic Trading Services and you will not in any circumstances, claim or assert any title,
benefit or interest in them.

11.29.

You agree with the terms set out in our Order Execution Policy.

12.

AUTHORISED REPRESENTATIVES

12.1.

FinPros may accept your authorization of another person (Authorized Representative) togive instructions and place Orders on your behalf. You must notify FinPros in your Application Form or otherwise in writing in a way permitted by FinPros of any such authorization,
setting out the full name, telephone number, fax number, email address and signature ofthat person and be verified by an Authorized Representative, and any other information
required by FinPros to identify and verify the Authorized Representative and, if you are abody corporate, by a director.

12.2.

Any change or revocation of such authority is only effective upon receipt by FinPros of asigned written notice of change or revocation from you. If another person is later appointed an Authorized Representative, the notice must include the full name, telephone
number, fax number, email address and specimen signature of that person and be verified by an Authorized Representative, and any other information required by FinPros toidentify and verify the Authorized Representative and, if you are a body corporate, by adirector.

12.3.

You remain principally and solely liable and responsible for all acts (or omissions) of any
Authorized Person even if such acts or omissions were outside the authority of the Authorized Person or they were fraudulent, in error, negligent or illegal.

13.

MANIFEST ERROR

13.1.

We may, without your consent, either determine a Transaction or Open Position from theoutset or at any time amend the terms of any Transaction containing or based on any
error that we reasonably believe to be a Manifest Error.

13.2.

If, in our discretion, we choose to amend the terms of any such Transaction or Open Position due to a Manifest Error, the amended terms will be such level, as we reasonably believe would have been fair at the time the Transaction was entered into had the Manifest
Error not occurred.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business13.3.

In deciding whether an error is a Manifest Error we will act reasonably, and we may (butnot obliged to) take into account any relevant factors including, without limitation, thestate of the Underlying Market at the time of the Manifest Error or any error in, or lack ofclarity of, any information source or pronouncement upon which we base our quoted
prices. Any financial commitment that you have entered into or refrained from entering
into in reliance on a Transaction with us will not be taken into account in deciding whether
or not there has been a Manifest Error.

13.4.

In the absence of our fraud, willful default or negligence, we will not be liable to you for any
Loss, cost, claim, demand or expense following a determination of a Manifest Error (including where the Manifest Error is made by any information source, commentator or official on whom we reasonably rely) or any action (or omission) taken (or omitted) by as aresult.

13.5.

If a Manifest Error has occurred and we choose to exercise any of our rights under thisclause or any other provision in this Agreement, and if you have received any monies fromus in connection with the Manifest Error, you agree that those monies are due and payable
to us on our written demand and you agree to return an equal sum of those monies to us
within the period stated in our written demand.

13.6.

If a Transaction or Open Position is based on a Manifest Error, we may (in addition to ourother rights) without your consent do any or all of the following:a) amend the terms of a Transaction to reflect what we consider to have been the fairterms at the time the Transaction had been entered into had there been no Manifest Error;b) Close Out the Transaction and any Open Positions resulting from it;c) adjust or suspend your Account;d) treat the Transaction as void from its inception;e) refrain from taking action to amend or void the Transaction; orf) any other action that we believe is appropriate under the circumstances.

13.7.

We will exercise our rights under the above clauses reasonably, in good faith and as soon
as reasonably practical after we become aware of the Manifest Error.

13.8.

To the extent reasonably practicable, we will give you prior notice of any action we takeunder the above clauses; but if it is not reasonably practicable, we will give you notice assoon as reasonably practicable afterwards.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Business13.9.

In the absence of fraud or gross negligence on our part, to the extent permitted by law weare not liable to you for any Loss, cost, claim, demand or expense that your incur or suffer(including loss of profits or indirect or consequential losses), arising from or connectedwith the Manifest Error including if the Manifest Error arises from an information service on
which we rely.

14.

PROHIBITED TRADING TECHNIQUES

14.1.

Circumvention and Reverse Engineering: You shall not unlawfully access or attempt togain access, reverse engineer or otherwise circumvent any security measures that wehave applied to our trading platform(s) and/or computer system(s). If, in our sole discretion, we were to determine that you are in breach of any provisions of the terms of ourAgreement, we reserve the right, in our sole discretion, to block access to our trading platform(s), blocking and/or revoking your Access Codes and/or terminating your Account.
Under these circumstances, we further reserve the right to seize any profits and/or revenues generated directly or indirectly by exercising any such prohibit trading activity andwe shall be entitled to inform any Interested third parties of your breach of this clause; wehave, and will continue to develop any tools necessary to identify fraudulent and/or unlawful access and use of our trading platform(s); any dispute arising from such fraudulent
and/or or unlawful trading activity will be resolved by us in our sole and absolute discretion, in the manner we deem to be the fairest to all concerned; that decision shall be final
and/or binding on all participants; no correspondence will be entered into.

14.2.

Artificial Intelligence Software: It is absolutely prohibited to use any software, which we
determine, in our sole discretion, to have as its purpose to apply any kind of artificial intelligence software (i.e. software that is capable of intelligent behavior, including reasoning, learning, problem solving, perception, knowledge representation) to our trading platform(s) and/or computer system(s) with an ultimate goal to gain unfair advantage andexploit our trading platform(s); in the event that we determine, in our own discretion, thatany such artificial intelligence software has been used, or is being used, we reserve theright to take all action as we see fit, including, without limitation, completely blocking access to our trading platform(s), blocking and/or revoking your Access Codes and/or terminating your Account. Under these circumstances, we reserve the right to seize any profits and/or revenues generated directly or indirectly by exercising any such prohibit trading
activity and or charge you with extra fees. In addition, we shall be entitled to inform any
Interested third parties of your breach of this clause; we have, and will continue to develop
any tools necessary to identify fraudulent and/or unlawful access and use of our trading
platform(s); any dispute arising from such fraudulent and/or or unlawful trading activity‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Businesswill be resolved by us in our sole and absolute discretion, in the manner we deem to be
the fairest to all concerned; that decision shall be final and/or binding on all participants;
no correspondence will be entered into.
14.3.

Moreover, it is absolutely prohibited to use any software in such a way, which can cause
serious negative impact on the performance of our servers and may prevent us fromachieving the best possible result for our Clients as regards the execution of their orders.
In the event that we identify any such activity, we reserve the right to take all action as we
see fit, including, without limitation, completely blocking access to our trading platform(s),blocking and/or revoking your Access Codes and/or immediately terminating your Account. Moreover, you acknowledge that once your Account has been terminated we may
liquidate any outstanding contracts/positions you have with us. In view of the above,please note that you will be strictly prohibited from opening any new trading Account(s)and trade with us. Nonetheless, in cases where you may successfully open an Accountand trade with us due to any technical and/or human error, we reserve every right to immediately close your Account upon identification, nullify any profit/loss generated andrefund the original amount of deposit, excluding any deposit and withdrawal charges.

14.4.

Unlawful trading techniques: Internet, connectivity delays, and price feed errors sometimes create a situation where the price(s) displayed on our trading platform(s) do(es)not accurately reflect the market rates. In that regard, we reserve the right, in our sole
discretion, NOT to permit the use of trading strategies aimed at exploiting errors in prices
and/or concluding trades at off-market prices and/or by taking advantage of internet
delays (commonly known as “arbitrage”, “sniping” or “fraudulent or deceitful scalping”
hereinafter, collectively, referred to as “Arbitrage”) on our trading platform(s) and/or inconnection with our Services; any indication or suspicion, in our sole discretion, of any
form of Arbitrage (including but not limited to risk free profiting), abuse (including but notlimited to participant's trading activity patterns that indicate that the participant solely
aims to benefit financially without being genuinely interested in trading in the markets
and/or taking market risk), internal hedging in coordination with other parties, abuse ofour ‘no negative balance’ policy, fraud, manipulation, cash-back arbitrage or any otherforms of deceitful or fraudulent activity, may, in our sole discretion, render all related Orders, Transactions and/or Contracts void, without prior notice being required; furthermore,in those instances, we reserve the right, in our sole discretion and without prior notice being required: (a) to make the necessary corrections or adjustments on the Account(s)involved (including, without limitation, adjusting the price spreads available to the Client);‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Business(b) to restrict the Account(s) involved access to streaming, instantly tradable quotes (including, without limitation, providing manual quotations only and submitting any Orders
to our prior approval); (c) to retrieve from the Account(s) involved any historic trading
profits that we can document as having been gained through such abuse of liquidity at
any time during the Client relationship; (d) to terminate the Client relationship and/or
close all Accounts involved (including, without limitation all other Accounts held by thesame Account holder with us) immediately by giving written notice; and/or (e) to inform
any interested third parties.
14.5.

Furthermore, in these circumstances, you will be strictly prohibited from opening any new
trading Account(s) and trade with us. Nonetheless, in cases where you may successfully
open an Account and attempt to trade with us due to any technical and/or human error,
we reserve every right to immediately close your Account upon identification, nullify any
profit/loss generated and refund the original amount of deposit, excluding any deposit
and withdrawal charges.

14.6.

We have, and will continue to develop any tools necessary to identify fraudulent and/or
unlawful access and use of our trading platform(s); any dispute arising from such fraudulent and/or or unlawful trading activity will be resolved by us in our sole and absolute
discretion, in the manner we deem to be the fairest to all concerned; that decision shallbe final and/or binding on all participants; no correspondence will be entered into.

14.7.

Algorithmic trading or high-frequency algorithmic trading techniques. We do not allow
Clients to use ‘algorithmic trading’ or ‘high-frequency algorithmic trading’ techniques
when using our trading platform(s), without our prior written consent.

14.8.

Where we give Clients permission to use algorithmic trading and/or high-frequency algorithmic trading techniques, we may disclose, without prior notice to the Client(s) involved being required, information on the computer algorithms to the FSA or other competent authorities, Trading Venues, Liquidity Providers and such other persons as are required by the Applicable Laws, Rules and/or Regulations. –14.9.

Furthermore, in these circumstances, we reserve the right, in our sole discretion and without prior notice to the Client(s) involved being required, to take any action in connection
with such algorithmic trading and/or high-frequency algorithmic trading techniques or
any orders generated by such algorithmic trading and/or high-frequency algorithmic
trading techniques, which we, in our sole discretion, deem necessary in order to ensurecompliance with the Applicable Laws, Rules and/or Regulations.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
Page 30 of 69

Client Agreement
Terms & Conditions of Business14.10. In particular, any such actions which we may take in connection with such algorithmic
trading and/or high-frequency algorithmic trading techniques or any orders generated
by such algorithmic trading and/or high-frequency algorithmic trading techniques, may
include, without limitation, any of the following:a) the implementation and maintenance of limitations on the ratio of unexecuted orders to transactions entered through such algorithmic trading and/or high-frequency algorithmic trading techniques;b) the implementation and maintenance of restrictions to limit, block, cancel or otherwise restrict the use of our trading platform(s) in relation to any aspect of suchuse (hereinafter ”Limits”), including, without limitation:(i)Instruments;(ii) Orders;(iii) positions and other risks taken;(iv) messages;(v) methods of trading (for example, using algorithmic trading and/or high-frequency algorithmic trading techniques);c) increasing or decreasing the rate of execution of orders to transactions enteredthrough such algorithmic trading and/or high-frequency algorithmic trading techniques;d) imposing additional ‘Pre-Trade Risk Controls’, consisting of any of the above-mentioned Limits to all or certain ‘orders’ placed via our trading platform(s) by a computer algorithm, including controls filtering order price and quantity;e) imposing additional ‘Post-Trade Risk Controls’, consisting of any of the abovementioned Limits to all or certain ‘trades, positions, strategies and Instruments relating to orders’ placed via our trading platform(s) by a computer algorithm, including controls filtering order price and quantity;f) implement and maintain Limits on the minimum tick size that may be executed via
our trading platform(s) on the Trading Venue; and/org) take any other action as we deem fit in order to maintain orderly trading conditions.
14.11.

You hereby expressly acknowledge and agree that any such actions taken by us may
cause Orders to be delayed, executed, partially executed, amended or cancelled.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
Page 31 of 69

Client Agreement
Terms & Conditions of Business
15.

FEES AND CHARGES

15.1.

Any profit or loss net of any fees and charges (that is, the realized gain or loss) arising on
Closing Out a Transaction will be credited or debited (as the case may be) against the
Account Value, in the Account currency.

15.2.

You owe us, and must pay to us or as we direct:a) any Transaction charges including all commission, Finance Charge, charges, fees,
Margins, premiums, settlement and clearing fees and charges, interest, default
charges and taxes (including GST but excluding FinPros’ income tax or penalty tax
and levies) and any other amounts due under this Agreement, on demand by
FinPros in cleared funds or otherwise as required by this Agreement;b) a Transaction Fee for each Financial Product or Transaction (as the case may be)
being the fee from time to time specified by FinPros to be the amount payable by
you to FinPros in respect of each such Transaction;c) any royalty or other fee which must be paid for the use of prices or information
provided to you via access through the Electronic Trading Service or otherwise by
any Exchange;d) (if applicable) a monthly access charge for the use of the Electronic Trading Service provided by FinPros, as specified by FinPros from time to time;e) any fees, Taxes, stamp duty, transfer taxes or other charges as may from time totime be levied on or in connection with any Transactions entered into with you; andf) in respect of any unpaid amounts required to be paid under this Agreement including, (without limitation) any amounts due as a result of your failure to pay interest on all such amounts denominated in Dollars at the interest rate per annum
as reasonably determined by FinPros (but so that the total rate does not exceed
generally prevailing rates for personal unsecured loans in comparable amounts),
such interest to accrue daily from and including the due date to and including thedate of its payment in full.

15.3.

You authorize us to deduct any of the fees described in clause 15.2:a) from your Account;b) from the CMTA;
and to pay ourselves the amount of any Transaction Fee, Realized/Unrealized Losses on
your Account, any other fees or charges described in clause 14, (including, but not limited‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Business
to, credit card fees incurred by you, which are charged to us) you owe and the amount of
Margin which you must pay to maintain the required Margin Cover.
15.4.

All payments by you under this Agreement are:a) to be made without any set-off by you, counter claim or condition made by you
and without you making any deduction or withholding for any Tax or any other reason unless the deduction or withholding is required by applicable law or the set-off
arises by express application of this Agreement; andb) payable in any currency that we may reasonably require or determine.

15.5.

We agree to pay you any Finance Credit applicable to a Transaction, from time to time.

15.6.

Trading Accounts that are inactive for a period of more than ninety (90) calendar days
will be considered as ‘dormant’ and may be charged a recurring ‘dormant Account/inactivity fee’ of USD EUR 22.00 /USD 20.00/ GBP 15.00 per month.

15.7.

A trading Account shall be deemed as dormant from the ninety-first (91st) calendar day
onwards that there has been no trading activity in the Account.

15.8.

In these circumstances, a monthly fee equal to USD EUR 22.00 /USD 20.00/ GBP 15.00, shallbe deducted from the Client’s Account(s) every thirty (30) calendar days, commencing
from the ninety-first (91st) calendar day that there has been no trading activity in the
trading Account, until the balance of the Client’s Account has reached zero.

15.9.

In the event that you log-on to your Account(s) and trade in your trading Account(s) inthe period during which the dormant Account/inactivity fee is being applied, we will cease
to deduct the dormant Account/inactivity fee, but we shall not be obliged to refund any
dormant Account/inactivity fees deducted from your Account prior to such log-on andtrading activity.

15.10. Dormant trading Accounts with a zero free balance will be archived automatically.

16.

CLIENT MONEYS TRUST ACCOUNT (CMTA)

16.1.

You acknowledge and agree that FinPros must deal with your moneys in accordance with
the Client Money Regulations including not using Client money:a) by FinPros as working capital;b) for FinPros meeting obligations incurred by it other than on behalf of a Client; and‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Businessc) for the purpose of the FinPros entering into, or meeting obligations under, transactions that FinPros enters into to hedge, counteract or offset the risk to FinPros associated with a transaction between FinPros and a Client.
16.2.

You acknowledge and authorize that your moneys and the moneys of other Clients of
FinPros may be combined and held by FinPros in a CMTA, separate from the moneys of
FinPros.

16.3.

You agree that we are entitled to all interest earned on moneys credited to any CMTA,
unless you and us have otherwise agreed in writing.

16.4.

You authorize FinPros to withdraw any or all moneys to which you are otherwise entitled in
any CMTA maintained by FinPros to meet any liability, obligation or other Loss which you
owe to FinPros including to pay for your Financial Products, an amount in respect of any
Realized/Unrealized Loss on your Account, Margin, Margin Cover or Variation Margin).

16.5.

When you pay moneys to FinPros in connection to a Transaction, you are also authorizing
us for those moneys to be paid into a CMTA and those moneys will remain in there until
withdrawn by FinPros to pay you amounts you are entitled to receive or to pay for amounts
to which FinPros is entitled including to pay for your Financial Products (including, without
limitation an amount in respect of any Realized/Unrealized Loss on your Account). If there
has been a Realized/Unrealized Loss on your Account after FinPros re-values your Account, FinPros is authorized under this Agreement to withdraw the equivalent amount ofthat Realized/Unrealized Loss from the CMTA to pay FinPros an amount to which FinPros isentitled.

16.6.

You acknowledge that from the time any funds withdrawn from the CMTA in connection
with your Transactions:a) you lose the protections given to a CMTA of that kind;b) you are an unsecured creditor of FinPros for its obligations on your Transactions;this includes exposure as an unsecured creditor for payment to you of the net Account balance (if any) after closing all your Open Positions;c) the funds are no longer held beneficially for you, but they become funds belonging
to FinPros.

16.7.

If you pay moneys into any CMTA maintained by us in anticipation of you creating andmeeting any liability, obligation or other loss which you will owe to us including to pay foryour Financial Products (including payment for Margin), by this Agreement, you authorize
us to withdraw those moneys to pay us for any liability which later arises.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Business
16.8.

If there has been no movement on your Account after the date you become entitled to atransfer of your money held in such Account (notwithstanding any payments or receipts
of interest or similar items) and we are unable to locate you despite having taken reasonable steps to do so, such money will be treated by us as unclaimed money and dealt
with in accordance with the Applicable laws, Rules and/or Regulations.

16.9.

You acknowledge that we will be under no obligation to pay interest on balances on yourAccount (and any fees we may take from such interest) and that you are therefore waiving and foregoing any entitlement to interest (and fees if any) under the Applicable Laws,
Rules and/or Regulations or otherwise.

16.10. We retain all additional interest earned on client money held in a CMTA, or other approved
deposit-taking institution.
16.11.

We may invest any moneys in a CMTA according to the Client Money Regulations and you
irrevocably authorize us to make such investments.

16.12.

All moneys to which you are entitled under this Agreement will be paid to you directly tothe bank account in your name, which you have notified to us (and not to any third partyor third party bank account), unless otherwise agreed in writing by us.
16.13. You acknowledge and agree that if there has been a Realized/Unrealized Profit on yourAccount after we re-value your Account, we will pay into or hold sufficient funds in the
CMTA and credit your balance in the CMTA as Margin to reflect the adjustment for the
Realized/Unrealized Profit so that those funds will be retained there for your benefit, until
dealt with in accordance with this Agreement.
16.14. Some of our payment methods involve the use of third-party payment service providers(‘PSPs’). When a deposit is made using a PSP who then credits FinPros’ account with thePSP, FinPros will make a corresponding credit to the client’s trading account and, following
that, FinPros will make a payment to the CMTA for the client for the credited amount adjusted by any realized or unrealized profit/loss from client’s trading activity during the day.
In the ordinary course of business, this will happen on the same business day or the next
business day. The timing depends on the client providing all required details, and the time
PSP credits the relevant client payment to FinPros’ account with the PSP (this does notmean receipt of funds by FinPros) which is subject to processing time by the PSP and differences in time zones.
16.15. The client’s payment to the PSP is not always an automatic payment to FinPros. Payment
to the PSP is at the client’s risk. The PSP must then credit FinPros’ account, which FinPros
does not control.
‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business16.16. FinPros’ payment to the CMTA is a benefit for the client since FinPros will typically makethe payment before FinPros receives funds from the PSP. Payment into the CMTA for theclient’s trading account with FinPros is subject to any realized or unrealized profit/loss
from client’s trading activity during the day.
16.17.

If FinPros becomes insolvent, you can be paid for any net credit balance in your Account,
as follows:a) Any of your client moneys in the CMTA should be paid to you, after deduction for
any amounts properly payable to FinPros for the CFDs or which you have otherwise
agreed are payable to FinPros (and subject to any court orders to the contrary).
b) FinPros would review whether it can and should pursue recovery action against anyof its Hedge Counterparties for any claim against them.
c) The precise amounts and timing of payments will not be known until the net position with the Hedge Counterparties are known.

d) The position of the Hedge Counterparties depends on what it recovers from its
Hedge Counterparties and what it owes its clients.
e) FinPros will need to assess the amounts prudently available to pay CFD Clients andmay choose to pay out interim amounts.
f) FinPros will need to assess fair and reasonable allocation to CFD Clients, having
regard to, for example, amounts paid from the CMTA, Account balances andamounts recovered from a Hedge Counterparty.

17.

MARGIN

17.1.

Upon opening a Transaction, you will be required to pay us the Initial Margin for that Transaction, as calculated by us.

17.2.

You acknowledge that the Initial Margin for certain Transactions (for example, Share
CFDs) will be based on a percentage of the Contract Value of the Transaction and therefore, the Initial Margin due for such Transactions will fluctuate in accordance with the Contract Value.

17.3.

Initial Margin is due and payable to us before you enter into a Transaction (and for Transactions that have a fluctuating Initial Margin based on a percentage of the Contract
Value, immediately on opening the Transaction and thereafter immediately on any increase in Contract Value taking place).

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business
17.4.

You agree that for different Financial Products there will be different Margin requirements,
which will be displayed on our Electronic Trading Service under the specifications of each
Underlying Instrument. The Margin requirements are subject to change without notice toyou so you should make yourself aware of the Margin requirements.

17.5.

You also agree that you have continuing Margin obligations to us to ensure that at all
times during which you have open Transactions you have Margin Cover in your Accountand that it is positive at all times.

17.6.

You must maintain at least the amount of Margin Cover required by us, whether or not wegive any notice to you to make those payments or you or whether or not you have actual
notice of the required amount. The required amount of Margin Cover can change continuously and can change automatically, including over the weekend or other non-tradingdays. Your obligation to maintain at least the required amount of Margin Cover is continuous.

17.7.

It is solely your responsibility to monitor and to satisfy all Margin Cover requirements.

17.8.

You are required to maintain the Margin Cover, which might mean you must deposit more
Margin, whether or not we give you a Margin call and even if you are not contactable.

17.9.

Deposited Margin is credited by FinPros at the time that cleared funds have been received
into the CMTA and we have applied the payment to your Account or such other time asallowed by us, so a Margin Cover requirement for a Contract or other Transaction issued
by us is not satisfied unless and until your payment is received in cleared funds into the
CMTA and applied to your Account by us.

17.10.

Your liability in respect of Margin requirements is not limited to your deposit of Initial Margin or Variation Margin. You are responsible to pay any deficit owing to us after Close Outof a Transaction and if you default in payment of such deficit, we may pay the deficit outof the Account or realize any Financial Products held by us and apply the amounts orproceeds against that deficit and you are responsible for the full and prompt dischargeof the deficit (which exceeds the value of the Account) by making payment in full to us
immediately when that deficit arises.

17.11.

FinPros may (without prior notice to you) Close Out, but will not be obliged to Close Out or
to attempt to Close Out, some or all Open Positions, at that time or any later time as we
determine (whether in our discretion or by automatic trading platform management) if:a) your Margin Level falls below the Liquidation Level; orb) you fail to maintain the required Margin Cover; or‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businessc) at any time, and from time to time, FinPros determines that the value of all of yourOpen Positions (and not taking into account any cash balance in your Account)represents a substantial net unrealized loss to you such that, in our belief, the continued trading, or failure to Close Out, one or more of your Open Positions will or is
likely to materially prejudice your Account Value.
17.12.

Details of Margin amounts paid and owing by you are available by logging onto your Account.

17.13.

Margin Deposits must be made in the form of cleared funds (paid into the nominatedaccount of FinPros.

17.14.

We are not under any obligation to keep you informed of your Account balance or Margin
Cover requirements or to make Margin calls.

17.15.

If we do (in our reasonable discretion) make Margin calls on you:a) we may do so by telephone call, post, fax, email, text message, push notification,
live pop-up messaging, rich text messaging etc.
b) the Margin call will be deemed to have been made as soon as you are deemed tohave received such notice in accordance with clause 17.5 above;c) we will also be deemed to have made a demand on you by telephone if we haveleft a message requesting you to contact us and you have not done so within thetime specified in our message;d) it is your responsibility to notify us immediately of any change in your contact details and to provide us with alternative contact details and ensure that our calls for
Margin will be met if you will be uncontactable at the contact address or telephone
number notified to us (for example because you are travelling or are on holiday, or
you are prevented from being in contact because of a religious holiday).

17.16.

We will not be liable for any Losses, costs, expenses or damages incurred or suffered by
you as a consequence of your failure to satisfy a Margin call or if we are unable to contact
you in making a Margin call.

17.17.

You agree with the terms set out in our Leverage, Margin, Margin Call & Margin Close Out
Policy.

18.

PAYMENTS, SET-OFF AND NETTING‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business18.1.

We may require you to provide sufficient evidence (to our satisfaction) of the source ofany funds you use to make any deposits to us and we reserve our rights to prohibit you
from entering into any Contracts or Transactions until we are satisfied with the information (or evidence) you have supplied and that information (or evidence) does not give
us any reason to suspect any illegality in respect of those payments.

18.2.

All payments by you to FinPros are:a) to be made without any set-off by you, counter claim or condition made by you
and without you making any deduction or withholding for any Tax or any other reason unless the deduction or withholding is required by applicable law or the set-off
arises by express application of this Agreement;b) payable in any currency that FinPros may reasonably require or determine;c) to be made on the date and time due for payment otherwise we will be entitled tocharge interest on the overdue amount (at a minimum rate of LIBOR + 2%), accruing daily until the date of payment;d) satisfied when we receive the payment in cleared funds; ande) to be made in the currency of your Account (conversely, all payments by FinPros toyou will be made in the currency of your Account, unless we determine otherwise
in our reasonable discretion).

18.3.

If you make payments to us in a currency that is not the base currency of your Account,
you agree that we will make whatever necessary adjustments and conversions are required and you will be liable for any resulting losses, fees, currency conversion fluctuations
or other applicable charges.

18.4.

Without prejudice to FinPros right to require payment from you in accordance with thisAgreement, we have the right (at any time) to set-off any losses incurred or any amounts
you owe in respect of your Transactions or any debit balances in any Account. If any loss
or debit balance exceeds all amounts held, you must immediately pay us any excess
whether demanded or not. You also authorize us to set-off any amounts held by us foryour benefit in a joint Account against losses incurred by the other joint holder.

18.5.

If the total amount that is payable by one party is greater than the total amount that it
payable by the other party, then the party by whom the larger total amount is payable
must pay the excess to the other party and so the obligations to make payment of eachparty will be satisfied and discharged.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business
18.6.

All payments to be made by you under this Agreement, which are due and payable, aredue immediately on our verbal or written demand. Once demanded, such payments mustbe paid by you, and must be received in full by us (in cleared funds) for your payment
obligations to be satisfied.

18.7.

In determining whether to accept payments from you under this Agreement, we will haveutmost regard to our obligations under our SDL and Applicable Laws, Rules and/or Regulations. Accordingly, we may in our absolute discretion reject payments from you or a third
party and return funds to their source.

18.8.

In particular, we will not accept payments from a bank account if it is not evident to us
that the bank account is in the Client’s name.

18.9.

Our failure or omission to enforce or exercise our right to insist on timely payment (including our right to insist on immediate payment of Margin) will not amount to a waiver or bar
to enforcement of that right.

18.10. Time is of the essence in respect of any payment obligation under this Agreement.

19.

COMMUNICATIONS

19.1.

An instruction by you to open or Close Out a Transaction (including an Order) must be
made by you, or on your behalf:a) via our Electronic Trading Service; orb) in such other manner as we may specify from time to time.

19.2.

Written instructions to open or Close Out a Transaction, including instructions sent by facsimile, email (including a secure email sent via our Electronic Trading Service) or text message, will not be accepted or be effective for the purposes of this Agreement.

19.3.

Any communication that is not an instruction to open or Close Out a Transaction may bemade by you, or on your behalf:a) verbally by telephone;b) in person;c) in writing, by email, post, or facsimile; ord) in such other manner as we may specify from time to time, as per the details provided in the website

19.4.

We will generally not accept an instruction to open or Close Out a Transaction received
other than in accordance with clause 19.1 (unless we advise you otherwise).

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business

19.5.

We will only send notices and communications to you to the relevant details you haveprovided to us in your Client Profile (unless you have later notified us of updated details).

19.6.

We may give notice to you of any change of, this Agreement, other disclosure documents,
our Transaction Fees, any rates, fees charges or other amounts payable by you by posting
the notice to our Website or to the Electronic Trading Services.

19.7.

If no minimum period is required or is not stated elsewhere in this Agreement, notice of achange in Transaction Fees, charges or rates may be effective immediately by FinPros
first generally publishing the information of any variation on its Website or through theElectronic Trading Service.

19.8.

If at any time you are unable, for whatever reason, to communicate with us, we do notreceive any communication sent by you, or you do not receive any communication sentby us under this Agreement, we will not:a) be responsible for any Loss, damage or cost caused to you by any act, error delayor omission resulting therefrom where such loss, damage or cost is a result of yourinability to open or Close Out a Transaction; andb) (except where your inability to communicate with us results from our fraud, willful
default or negligence) be responsible for any Loss, damage or cost caused to you
by any act, error, omission or delay resulting therefrom including without limitation,
where such Loss, damage or cost is a result of your inability to Close Out a Transaction.

19.9.

Any correspondence, documents, written notices, confirmations, Electronic Instruction will
be deemed to have been properly given:a) (By ordinary post): if sent by ordinary post, on the third (3rd) Business Day after it
has been posted;b) (By express post): if sent by express post, on the next Business Day after it has beenposted;c) (By SMS): if sent by SMS, as soon as it has been sent by the sender;d) (By e-mail): if sent by e-mail, as soon as it has been sent by the sender (provided
that the sender does not receive a notification that the e-mail was not delivered);

19.10. (Posting on the Electronic Trading Service): if posted on our Electronic Trading Service, assoon as it has been posted. It is your responsibility to ensure, at all times, that we have
‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businessbeen notified of your current and correct address and contact details. Any change to youraddress or contact details must be notified to us immediately in writing, unless we agree
to another form of communication.
19.11.

It is your responsibility to make sure that you read all notices posted on our Website andon our Electronic Trading Service from time to time in a timely manner.

20.

EVENTS OF DEFAULT

20.1.

Each of the following constitutes an Event of Default:a) your failure to make any payment (including but not limited to any deposit of Margin, Initial Margin or Variation Margin);b) your failure to maintain Margin Cover;c) your failure to perform any obligation due to us under this Agreement;d) your failure to pay any amount due in respect of any Transaction entered into pursuant to this Agreement;e) your breach of this Agreement (whether by act or omission);f) a Transaction is entered into, or an Open Position is Closed Out, or you place an
Order in any circumstances in which we reasonably believe that conduct is, or
could be considered to be, in breach of the Act, Applicable Laws, Rules and/or Regulations, Applicable Regulations, whether or not you are aware that the Transactionor Order could breach those laws or regulations;g) where any Transaction or combination of Transactions or any Realized/Unrealized
Loss on any Transactions or combination of Transactions opened by you results inyour exceeding any credit or other limit placed on your dealings;h) if you are an individual, your death or your incapacity or your loss of mental capacity;i) you become insolvent or bankrupt or steps have been taken to make you insolvent
or bankrupt;j) we reasonably believe that any information you have provided to us is false or untrue;k) we reasonably believe that the source of funds in respect of any payment you
make to us are from illegal sources;‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Businessl) where any representation or warranty made by you in this Agreement is or becomes untrue;m) you are or become unable to pay your debts as and when they fall due;n) you are not immediately contactable by us in order for us to obtain instructions inrelation to any of your Transactions;o) any other provision of this Agreement which states that an Event of Event has occurred if you have not performed an obligation required by that provision; orp) any other circumstance where we reasonably believe that it is necessary or desirable to take any action to protect ourselves or all or any of our Clients.

21.

ACTION FOLLOWING AN EVENT OF DEFAULT

21.1.

If an Event of Default occurs, we may in addition to any other rights which we have or may
have against you (including rights arising in other parts of this Agreement), without giving
prior notice to you, take any action, or refrain from taking action, which we consider reasonable in the circumstances in connection with Transactions entered into pursuant tothis Agreement and, without limitation, we may do any one or more of the following:a) suspend or terminate your Account (as we consider appropriate in the circumstances);b) Close Out or partially Close Out all or any of your Transactions at a Closing Level
based on the then prevailing quotations or prices in the relevant markets or, if none,at such levels as we consider fair and reasonable;c) Close Out any Open Positions;d) prohibit or restrict your access to your Account;e) reverse or void any of your Transactions;f) make any necessary adjustments, modifications or changes to your Account (thatwe consider appropriate in the circumstances);g) apply any money that you have deposited into a CMTA and to which you are entitled, by way of set-off or withdrawal and payment to us any amount you owe us;h) immediately, or at a later time, terminate this Agreement, one or more Accounts,
one or more Transactions or any combination of these;i) calculate any or all amounts owing by you to us and declare such amount immediately due and payable;‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businessj) vary your Margin Cover requirements on new positions;k) convert any currency balances in your Account into another currency;l) exercise rights of set-off under this Agreement;m) charge you interest at : LIBOR+2% on any amount due, from close of business on
the date when the amount first fell due until the date of actual payment; andn) exercise any other rights conferred by Applicable Laws, Rules and/or Regulations,Applicable Regulations or this Agreement.
21.2.

You acknowledge and agree that, in Closing Out Transactions under clause 21.1, we may
partly and progressively Close Out your positions over a period of time, and in amounts
and prices, which we determine in our discretion. This may have the result that your Transaction is Closed Out in tranches at different prices resulting in an aggregate closing levelfor your Transaction that results in further losses being incurred on your Account. You
acknowledge and agree that we will not have any liability to you because of any such
Closing Out of your Transactions.

21.3.

Nothing in this Agreement limits your rights to claim a default by FinPros or for you to takeany proper action you determine is appropriate to claim or to recover for any Loss arisingfrom your claim. For example, we acknowledge that you may terminate this Agreement if
FinPros materially breaches this Agreement. You agree that it is reasonable for you not tohave specific rights following an Event of Default and specific defaults by FinPros in order
to avoid all Transactions of all of FinPros’ clients prematurely terminating, which could
cause irrevocable loss to some or all Clients and those losses could be irrevocably increased by such an automatic termination.

22.

INDEMNITY AND LIMITATION OF LIABILITY

22.1.

Subject to the Applicable Laws, Rules and/or Regulations, you will indemnify us, and keep
us indemnified on demand, in respect of all liabilities, Losses or costs of any kind or naturewhatsoever that may be incurred by us as a direct or indirect result of any failure by you
to perform any of your obligations under this Agreement, in relation to any Transaction or
in relation to any false information or declaration made either to us or to any third party,
in particular to any Exchange. You acknowledge that this indemnity extends to our legal
and administrative costs and expenses incurred in respect of preparing for and taking
any legal or investigatory action against you, or instructing any debt collection agency, torecover monies owed by you to us.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Business22.2.

To the extent permitted by law, you will indemnify, protect and hold us harmless from andagainst all Losses, liabilities, judgements, suits, actions, proceedings, claims, damages orcosts resulting from or arising out of any act or omission by any person obtaining accessto your Account whether or not you authorized such access.

22.3.

To the fullest extent permitted by law, you release, discharge and indemnify and agree tokeep FinPros and its respective officers, employees, agents and representatives indemnified from and against all claims arising out of:a) any default, whether by your act or omission under this Agreement or any Order orTransaction;b) any breach by you of any Applicable Laws, Rules and/or Regulations;c) any representation or warranty made or given by you under this Agreement proving to be untrue or incorrect;d) any error, omission, fraud, malfeasance, negligence, misappropriation or criminal
act or omission by you or by any of your clients, employees, agents or Authorized
Representative, consultants or servants;e) any failure of any of your computer or electronic systems or networks to perform,
be available or successfully transmit data to FinPros, or any error or inadequacy inthe data or information input into such systems or networks by you;f) any delays in processing any Order including, for example (but not limited to), as aresult of systems or market delays, or due to verification or filtering procedures orunauthorized processes, email delays or due to telephone call waiting time or adherence to internal policies and procedures;g) anything lawfully done by FinPros in accordance with, pursuant or incidental to thisAgreement;h) any instruction, request or direction given by you;i) by reason of FinPros complying with any direction, request or requirement of Applicable Laws, Rules and/or Regulations, any Underlying Market or CS Facility, any
government body or any regulatory body having jurisdiction over FinPros or any
hedge counterparty;j) arising from and in connection with or in any way related to FinPros in good faith
accepting and acting on instructions received by facsimile transmission, email or‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Client Agreement
Terms & Conditions of Businessby other means of any kind which are signed by or purported to be signed by youor any Authorized Representative; ork) any failure or delay by a hedge counterparty to meet its obligations to FinPros inrespect of or in relation to (including by corresponding with) your Transactions andany payments made in respect of them, except only to the extent attributable tothe breach of this Agreement by FinPros or the gross negligence or fraud by FinPros.
22.4.

FinPros excludes all liability in contract, tort or otherwise relating to or resulting from useof any services we provide under this Agreement and for any Loss incurred by you directly
or indirectly, including without limitation as a result of or arising out of:a) your use of an Electronic Trading Service;b) any inaccuracy, error or delay in or omission from any information provided to you
under this Agreement including the Electronic Trading Service;c) any delays or failures or inaccuracies, or loss of access to, the provision of a service
to you including, without limitation, any delay, failure or inaccuracy in, or the loss ofaccess to, the Electronic Trading Service or in respect of the transmission of Orders
or any other information;d) any misinterpretation of your Orders or instructions which are unclear, ambiguous,
or not specific;e) any inability by you to open or Close Out a Transaction;f) anything which is beyond our control and the effect of which is beyond our control
to avoid; andg) any government restriction, Exchange or market rulings, suspension of trading,
computer or telephone failure, unlawful access to our Electronic Trading Service,
theft, sabotage, war, earthquakes, strike, Force Majeure Event and, without limitation, any other conditions beyond our control.

22.5.

Unless we are prohibited from excluding such liability by law (for example, for losses relating to death or personal injury or caused by our fraud), we will not be liable for any
direct, indirect, special, incidental, punitive or consequential damages (including, without
limitation, loss of business, loss of profits, failure to avoid a loss, loss of data, loss or corruption of data, loss of goodwill or reputation) caused by any act or omission of ours under
this Agreement.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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22.6.

If and to the extent that we are found liable for any losses or damages in relation to a
Transaction or your dealings with us then, unless we are prohibited from limiting such liability by law, the maximum amount of our liability to you will be limited to the amount ofTransaction Fees, commission or Spread paid or payable by you in respect of that Transaction. You acknowledge and agree that this provision is reasonable given the relationship of the parties and the nature and features of the Financial Products.

23.

REPRESENTATIONS AND WARRANTIES

23.1.

You represent and warrant to us, and agree that each such representation and warranty
is deemed repeated each time you open or Close Out a Transaction by reference to thecircumstances prevailing at such time, that:a) the information provided to us in your Application Form and at any time thereafteris true and accurate in all respects;b) you are duly authorized to execute and deliver this Agreement, to open each Transaction and to perform your obligations under this Agreement and have taken allnecessary action to authorize such execution, delivery and performance of thisAgreement;c) you will enter into this Agreement and open each Transaction as principal;d) any person representing you in opening or Closing Out a Transaction will havebeen, and (if you are a company) the person entering into this Agreement on yourbehalf is, duly authorized to do so on your behalf;e) you have obtained all governmental or other authorizations and consents requiredby you in connection with this Agreement and in connection with opening or Closing Out Transactions and such authorizations and consents are in full force andeffect and all of their conditions have been and will be complied with;f) execution, delivery and performance of this Agreement and each Transaction will
not violate the Applicable Laws, Rules and/or Regulations, Applicable Regulations,ordinance, charter, by-law or rule applicable to you, the jurisdiction in which you
are resident, or any agreement by which you are bound or by which any of yourassets are affected;g) you will not send funds to your Account or request that funds be sent from yourAccount to, a bank account other than the bank account in your name, which you
have notified to us, or as otherwise agreed by us;‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businessh) if you are acting as an intermediary, authorized by us, on another’s behalf, you are
specifically authorized to enter into Transactions on behalf of the other person and(if required) currently have all appropriate license authorizations to do so;i) if you are the trustee of a trust, you are acting in accordance with the terms of theapplicable trust deed;j) if you are constituted by more than one person (including, for example, if you areacting in a partnership or joint venture), then each person constituting you is jointly
and severally liable for the obligations under this Agreement, and we may act on
the instructions of any one of those persons; andk) you will use the services offered by us pursuant to this Agreement in good faith and,to this end, you will not use any electronic device, software, algorithm, Electronic
Trading Service or any trading strategy that aims to manipulate or take unfair advantage of the way in which we construct, provide or convey our Quotes.
23.2.

In the absence of our fraud, willful default or negligence, we give no warranty regarding
the performance of our Website, our Electronic Trading Services or other software or theirsuitability for any equipment used by you for any particular purpose.

23.3.

Except for all non-excludable terms implied by the Applicable Laws, Rules and/or Regulations, all implied terms (including but not limited) to fitness for purpose, or which are capable of being excluded by agreement are excluded from this Agreement.

23.4.

Any breach by you of a representation or warranty given under this Agreement is an Eventof Default.

24.

CREDIT

24.1.

If you apply to, and are approved by, us for credit in relation to your trading with us, we will
only provide the credit on terms agreed to you in writing.

24.2.

The credit limit is USD$100 or other such higher amount as we notify you in writing fromtime to time.

25.

FORCE MAJEURE EVENTS

25.1.

We may, in our reasonable opinion, determine that a Force Majeure Event exists, in whichcase we will, in due course, take reasonable steps to inform you.

25.2.

If we determine that a Force Majeure Event has occurred, we may, in our absolute discretion, conclude that it is an Event of Default and take any action we consider necessary as
outlined in clause 21.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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26.

CORPORATE EVENTS, TAKEOVERS, VOTING RIGHTS, INTEREST AND DIVIDENDS

A. Corporate Events
26.1.

If any Underlying Instrument becomes subject to possible adjustment as the result of anevent described in clause 26.2 (Corporate Event), we will determine the appropriate adjustment, if any, to be made to the size or value or number of the related Transaction(s)(or to the level of any Order) to account for the diluting or concentrating effect necessary
to preserve the economic equivalent of the rights and obligations of the parties in relation
to that Transaction immediately prior to that Corporate Event.

26.2.

Any of the following may be regarded as a Corporate Event:a) a subdivision, consolidation or reclassification of shares, a share buy-back or cancellation, or a free distribution of shares to existing shareholders by way of a bonus,
capitalization or similar issue;b) a distribution to existing holders of the underlying shares of additional shares, othershare capital or securities granting the right to payment of dividends or proceedsof liquidation of the issuer equally proportionately with such payments to holdersof the underlying shares, or securities, rights or warrants granting the right to a distribution of shares or to purchase, subscribe or receive shares, in any case for payment (in cash or otherwise) at less than the prevailing market price per share, as
determined by us;c) the voiding of an Underlying Instrument that trades, or has traded, on a when-issued basis, in which case any Transaction that relates to that Underlying Instrument will also be void;d) any other event in respect of the shares analogous to any of the above events orotherwise having a diluting or concentrating effect on the market value of theshares, whether temporary or otherwise; ore) any event analogous to any of the foregoing events or otherwise having a diluting
or concentrating effect on the market value of any Underlying Instrument notbased on shares, whether temporary or otherwise.

B. Takeovers
26.3. If at any time a takeover offer is made in respect of a company, and you have a Transaction that relates to the securities of that company, then:a) we will use reasonable endeavors to notify you of the takeover offer;‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businessb) we will (if applicable) apply the terms of the takeover offer to your Transaction, as
if you were a holder of the securities in question;c) we may offer you the opportunity to agree to the takeover offer (as it applies toyour Transaction), or, (as it applies to your Transaction, we may elect to agree on
your behalf where we reasonably believe it is in your best interests to do so. If, underthese circumstances, you elect to agree, or we agree on your behalf, your Transaction will be suspended and become untradeable until the closing date of the
takeover offer at which point your Transaction will be closed in accordance withthe terms of the takeover offer. You agree that we will be entitled to cancel or adjust
the size and/or value and/ or number of any Transaction(s) (and/or the level of
any Order) to reflect the takeover offer, and that any such cancellation or amendment will be conclusive and binding upon you;d) if you do not agree, and we do not agree on your behalf, but the takeover goesahead nonetheless (for example, if drag-along rights apply), you agree that we will
be entitled to cancel or adjust the size and/or value and/or number of any Transaction(s) (and/or the level of any Order) to reflect the takeover offer, and that any
such cancellation or amendment will be conclusive and binding upon you; ande) at any time prior to the closing date of the takeover offer, we may give notice toyou of our intention to Close Out a Transaction in respect of that company’s securities. The date of such notice will be the closing date of the Transaction and the
Closing Level will be determined by us, based on our reasonable assessment of themarket value of the Instrument at the relevant time.
C. Voting Rights
26.4. You acknowledge that we will not transfer voting rights relating to an Underlying Instrument to you, or otherwise allow you to influence the exercise of voting rights held by us orby an agent on our behalf.
D. Interest
26.5. We will value open Transactions on a daily basis and calculate the amount of interest, ona basis notified to you in writing on a daily or monthly basis (including electronically), thatwould apply to the sum of money necessary to take out a position in the Underlying Instrument with the same value. A different rate of interest will normally apply to long andshort positions. While your Transaction remains open, the amount of interest will be calculated and will accrue on a daily basis as follows:‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businessa) if you sell, interest will be either credited or debited to your Account (depending on
the interest rate); andb) if you buy, interest will either be credited or debited from your Account.
For certain Expiry Transactions, our Quote (which is based on the Underlying Market) will
include an interest component. Such Expiry Transactions will not be adjusted for interestas set out in this clause 26.5 above.
E. Dividends
26.6.

Where applicable (e.g., where an Underlying Instrument is a stock or index in respect ofwhich a dividend is paid) a dividend adjustment will be calculated for your Account inrespect of Open Positions held over the ex-dividend day or time for the relevant Underlying
Instrument. For long positions, the dividend adjustment will generally be the amount of
the net dividend (net of any withholding taxes) receivable by the individual or entity holding the equivalent position in an Underlying Instrument and, in respect of non-Australian
Instruments, will reflect normal market practice unless otherwise agreed with you. For
short positions, the dividend adjustment will generally be the gross dividend amount, unless otherwise agreed with you, but this may depend on where the Underlying Instrument
trades. Further details may be obtained from us on request. Dividends will be credited toyour Account if you bought, i.e. opened a long position, and debited if you sold, i.e., openeda short position.

26.7.

For certain Expiry Transactions, our quote (which is based on the Underlying Market) will
include a forecasted dividend component. Such Expiry Transactions will not be adjusted
for dividends as set out in clause 26.6 above. Note that, for such Expiry Transactions, in theevent that there is declared or paid in respect of the relevant Underlying Instrument a
special dividend or a dividend that is unusually large or small or payable by reference toan ex-dividend date that is unusually early or late or in the event that a previously regulardividend is omitted (in each case, having regard to dividend payments in previous years
in respect of that same financial instrument), we may make an appropriate adjustment(including a retrospective adjustment) to the Opening Level or the size of the Transactionthat relates to that Underlying Instrument.

27.

KNOW YOUR CLIENT AND AML

27.1.

You acknowledge and agree:a) that we are required to properly identify and verify you prior to agreeing to open an
Account because we are subject to the AML Laws;‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businessb) to provide all information and documentation we require to verify you;c) if we cannot properly verify you, we reserve our rights to reject your application for
an Account and will not be liable whatsoever for that rejection;d) that we may delay, block or refuse to make any payment or to provide any service
if we believe on reasonable grounds that to do so may breach AML Laws or any law
in Seychelles or any other country, and we will incur no liability to you if we do so;e) that during the term of this Agreement, we also reserve our rights to take whateveraction we believe is necessary against you if we suspect that you are breaching
any AML Laws; andf) that the payment of moneys to us or any instructions given by you, will not breachany law in Seychelles or any other country.
27.2.

You agree to provide all information (and complete any documents) that we are required
to obtain in accordance with the Foreign Account Tax Compliance Act.

28.

PRIVACY

28.1.

You confirm that you understand and agree that we will collect your personal information
for the purposes of assessing your application and maintaining and operating your Account including the enforcement of the provisions of this Agreement in accordance with
the Seychelles General Data Protection Act along with any other regulation that may apply for the protection of the personal information.

28.2.

You authorize us to collect your personal information from you when we provide services
to you under this Agreement. You authorize us to use (and disclose) any information wecollect from you or from others, or such other relevant documents:a) to assess your request for us to provide our services to you;b) to provide our services to you in accordance with this Agreement;c) for the purposes of complying with our obligations regarding your beneficial interests;d) to allow us to communicate with third parties in connection with the matters contemplated by this Agreement, such as in connection with the Account; ande) to ensure that legal and regulatory requirements under Applicable Laws, Rules
and/or Regulations are met.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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28.3.

You must immediately notify us if any of your information that you have previously provided to us changes. This is a continuing obligation of yours.

28.4.

You have the right to request and view any documentation we have collected from you(free of charge).

28.5.

You agree with the terms set out in our Privacy Policy.

29.

TERMINATION

29.1.

Without limiting our rights to take the action set out in clauses 5.7, 11.8, Error! Reference
source not found., 21.1 and/or 29.3 below, each of us or you may terminate this Agreement
by giving the other reasonable notice (in writing).

29.2.

Nothing in this clause 29 effects our other rights in this Agreement. Further, each indemnity
provided by you in this Agreement survives termination.

29.3.

On termination of this Agreement, without restricting any of our other rights in this Agreement, we may do one or more of the following:a) close your Account;b) settle any Transaction which has not at the time of termination settled;c) enter into one or more Transactions to effect the Close Out of one or more unsettled
Transactions or Open Positions (and determine the value at which the Transaction
or Transactions will be Closed Out);d) cancel any pending Orders;e) do or refrain from doing anything which we consider appropriate in the circumstances; andf) exercise any of our other rights in this Agreement.

30.

MISCELLANEOUS

30.1.

We reserve the right to suspend your Account at any time (without notice) if we believe it
is appropriate in the circumstances.

30.2.

We may amend this Agreement from time to time and we will give you the notice requiredby Applicable Laws, Rules and/or Regulations prior to the amendment taking effect. We
may give you notice of the amendment by posting the amended Agreement (or detailsof the amendments) on our Website or by sending you a copy.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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30.3.

This Agreement and any relevant Application Form completed by you, a Product Specification contain the entire understanding between you and FinPros concerning the provision of the Financial Products or financial services and any other services referred to in orprovided under this Agreement, as later amended only in accordance with this Agreement.

30.4.

Our rights and remedies under this Agreement will be cumulative, and our exercise or
waiver of any right or remedy will not preclude or inhibit the exercise of any additionalright or remedy. Our failure to enforce or exercise any right under this Agreement will not
amount to a waiver or bar to enforcement of that right.

30.5.

Each of you and us must do everything reasonably possible to give full effect to this Agreement.

30.6. We may assign, novate or otherwise transfer any of the rights and obligations of thisAgreement to a third party, in whole or in part, without your prior consent. You agree thatyou may not assign, novate or otherwise transfer any of the rights and obligations of thisAgreement to a third party, without our prior written consent.
30.7.

You acknowledge and agree that the copyrights, trademarks, database and other property or rights in any information distributed to or received by you from us (including, but
not limited to, our Quotes), together with the contents of our Website, brochures and othermaterial connected with our dealing service and in any database, that contains or constitutes such information, will remain the sole and exclusive property of ours or any third
party identified as being the owner of such rights.

30.8. If any clause (or any part of any clause) is held by a court of competent jurisdiction to be
unenforceable for any reason then such clause will, to that extent, be deemed severable
and not form part of this Agreement, but the enforceability of the remainder of this Agreement will not be affected.
30.9. You will be responsible at all times for the payment of all Taxes due and for providing any
relevant tax authority with any information relating to your dealings with us. You agree
that if we provide you with any information or express any opinion in relation to the tax
treatment of your dealings with us it will not be reasonable for you to rely upon any suchstatement and it will not constitute tax advice.
30.10. This Agreement and each Transaction entered into with you is in all respects governed by
the laws in force in Seychelles and the parties submit to the non-exclusive jurisdiction of
the courts of Seychelles.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business30.11. If you are situated outside of Seychelles, an originating process by which any proceedings
in Seychelles are begun may be served on you in accordance with our local rules for service out of the Seychelles jurisdiction. Nothing in this clause affects our right to serve process in another manner permitted by law.

30.12.

You agree that all complaints or disputes must be referred to us in accordance with
our procedures from time to time for handling disputes. You must refer any complaint to
us first before you decide to progress your complaint to any third party (such as the FSA).
Unresolved complaints or disputes may then be referred by you to the Financial Ombudsman Service or any other independent dispute resolution scheme of which we are a participant.

31.

DEFINITIONS

31.1.

In this Agreement:•

Account means an account held with FinPros in your name and governed by thisAgreement.

•

Account Value means the current value of your Account which is calculated by FinPros
by combining:o(a) the equivalent balance of your Account in the CMTA;o(b) the Realized/Unrealized Losses and Realized/Unrealized Profits;oo(c) indicative costs to Close Out (fees, Finance Charges); and(d) the values of Transactions not yet booked.

This term may be referred to as “equity” on the Electronic Trading Service.
•

Act means Law of Seychelles Securities Act 2007 and its related regulations, as
amended from time to time.

•

Agreement means this agreement (as amended from time to time) and all schedules,
Product Specification and any ancillary documents referred to in this Agreement.

•

algorithmic trading is defined as ‘trading in financial instruments where a computer
algorithm automatically determines individual parameters of orders such as whether
to initiate the order, the timing, price or quantity of the order or how to manage theorder after its submission, with limited or no human intervention, and does not include
any system that is only used for the purpose of routing orders to one or more trading‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businessvenues or for the processing of orders involving no determination of any trading parameters or for the confirmation of orders or the post-trade processing of executedtransactions’;
whereby, a system shall be considered as having no or limited human intervention
where, for any order or quote generation process or any process to optimize orderexecution, an automated system makes decisions at any of the stages of initiating,generating, routing or executing orders or quotes according to pre-determined parameters’.
•

Applicable Laws, Rules and/or Regulations means the Laws of Seychelles and Securities Act 2007, the Securities Dealer Guidelines and the Securities (Conduct of Business) Regulations 2008 and any other legislation and/or regulation and subsidiary
regulation, instruments and directions of a regulatory authority or a court, rules andprocedures of an Exchange or a CS Facility which apply to the relevant matter, also
includes the Companies Ordinance Act 1972 and regulations made pursuant to theAct, FSA legislative instruments and other instruments.

•

Applicable Regulations means:o(a) Rules of a relevant regulatory authority;o(b) the Rules of the relevant Exchange; ando(c) all other applicable laws, rules and regulations (including without limitation
the Applicable Laws, Rules and/or Regulations) as in force from time to time, asapplicable to this Agreement and any Transaction, or Electronic Trading Service.

•

Application Form means the application you make (either online or paper copy) to
FinPros to become a Client.

•

AML Laws means the anti-money laundering and counter-terrorism financing laws
(and related regulations) in Seychelles.

•

Ask means the price which FinPros as the seller is willing to accept, i.e., the price atwhich you can buy the Contract. This is also known as the “offer price”.

•

Associated Company means any of FinPros related body corporate.

•

Authorized Representative means a person that is authorized to act on behalf of a
Client as described in clause 12.

•

Base Currency means the currency allocated to your Account (as chosen by you) inaccordance with the Agreement.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business•

Bid means the price, which FinPros as the buyer is willing to accept, i.e., the price atwhich you can sell the Contract.

•

Business Day means any day other than a Saturday, Sunday and a public holiday in
Seychelles.

•

Buy Transaction has the meaning given to it in clause 9.3.

•

Client refers to the person who is not under 18 years old (or entity) who has an Account.

•

CFD Transaction has the meaning given to it in schedule 1.

•

Client Money Regulations means the relevant provisions of the Act and Securities(Conduct of Business) Regulations, 2008 (including its related regulations).

•

Close Out, Closed Out and Closing Out in relation to a Transaction means discharging
or satisfying the obligations of the Client and FinPros under the transaction and thisincludes matching up the Transaction with a Transaction of the same kind under which
the Client has assumed an offsetting opposite position.

•

Closing Level means the price at which a Transaction is closed.

•

Closing Value means the value determined by multiplying the number of shares, contracts or other units of the Underlying Instrument that you are notionally buying or selling by the value that the number of shares, contracts or other units of the Underlying
Instrument that you are notionally buying or selling at the Closing Out date.

•

CMTA means client moneys trust account (or any one of several of them) maintained
by FinPros as a “client bank account” as defined in the Securities (Conduct of Business)
Regulations, 2008. The moneys held in it beneficially for you are credited to your Account.

•

Confirmation means any confirmation of a Transaction issued by us to you and includes an electronically transmitted confirmation or a substantially continuously
available account statement, which contains the information, which would be in aconfirmation.

•

Contract Details means the section of the public pages of our Website designated as
the Contract Details as amended from time to time.

•

Contract means an over-the-counter Financial Product issued by FinPros as principal
to a Client.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business•Contracts for Difference or CFD means a Contract (being a derivative) which derives
its value from one or more Underlying Instruments.

•

Contract Value means the number of shares, contracts or other units of the Underlying
Instrument that you are notionally buying or selling multiplied by our then current
quote for notionally buying or selling that number of shares, contracts or other units of
the Underlying Instrument.

•

Corporate Event has the meaning given to in under clause 26.1.

•

CS Facility means a clearing and settlement facility, (which includes, for example, any
clearing or settlement facility through which Transactions are cleared or settled),
whether located in Seychelles or elsewhere.

•

Currency means any legally accepted form of fiat currency.

•

Dollars and “$” denote lawful currency of United States.

•

Euros and “€” denote lawful currency of the Eurozone countries of the European Union.

•

Electronic Conversation means a conversation between you and us, held via our Electronic Trading Services.

•Electronic Instruction has the meaning given to it in clause 11.4.

•

Electronic Trading Services means any electronic services (together with any related
software) including without limitation trading, direct market access order routing or
information services that we grant you access to or make available to you either directly or through a third party service provider, and used by you to view informationand to enter into Transactions. This term may be referred to as the “Electronic Trading
Platform” in this Agreement and other disclosure documents.

•

Event of Default means any event that occurs as outlined in clause 20.1.

•

Exchange means any securities or futures exchanges, clearing house, self-regulatoryorganizations, alternative trading system or multi-lateral trading facility as the context
may require from time to time.

•

Exchange Rate means the rate (in relation to two currencies in respect of which you
may wish to open a Foreign Exchange CFD) at which a single unit of the first currency
that you state may be bought with or, as the case may be, sold in, units of the second
currency that you state.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Expiry Transaction means a Transaction, which has a set contract period, at the endof which the Expiry Transaction expires automatically.

•

Finance Charge means an amount you pay in respect of your Transaction held overnight, in accordance with this Agreement. Sometimes this is referred to as a “swap”
rate or “rollover” rate.

•

Finance Credit means an amount you receive from us in respect of your Transaction
held overnight, in accordance with this Agreement. Sometimes this is referred to as a“swap” rate or “rollover” rate.

•

Financial Product includes the Contracts and any other financial products issued by
FinPros from time to time.

•

FIX API means Financial Information Exchange application programming interface.

•

Force Majeure Event means any one or more of the following:o(a) any act, event or occurrence (including without limitation any strike, riot or
civil commotion, act of terrorism, war, industrial action, acts and regulations ofany governmental or supra national bodies or authorities) that, in our opinion,
prevents us from maintaining an orderly market in the Transactions;o(b) the suspension or closure of any market or Exchange or the abandonment
or failure of any event on which we base, or to which we in any way relate, ourquote, or the imposition of limits or special or unusual terms on the trading inany such market or on any such event;o(c) the occurrence of an excessive movement in the level of any Transaction,
Underlying Instrument or Underlying Market or our anticipation (acting reasonably) of the occurrence of such a movement;o(d) any breakdown or failure of transmission, communication or computer facilities (including the Electronic Trading Service), interruption of power supply,or electronic or communications equipment failure beyond our control; ando(e) failure of any of our relevant supplier, intermediate broker, agent or principalof ours, custodian, sub-custodian, dealer, exchange, clearing house or regulatory or self-regulatory organization, for any reason, to perform its obligations. –•Foreign Exchange CFD is a form of CFD that gives you exposure to changes in value ofan Exchange Rate, but unless you and we expressly agree separately in writing, it cannot result in the delivery of any Currency to or by you.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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FSA means Financial Services Authority in Seychelles.

•

Futures CFD is a form of CFD that gives exposure to changes in the value of a futurescontract. It is not a futures contract traded on any Exchange and unless you and we
expressly agree separately in writing, it cannot result in the delivery of any Instrument
to or by you.

•high frequency algorithmic trading is defined as ‘an algorithmic trading techniquecharacterized by:a) infrastructure intended to minimize network and other types of latencies, including at least one of the following facilities for algorithmic order entry: co-location, proximity hosting or high-speed direct electronic access;b) system-determination of order initiation, generation, routing or execution without human intervention for individual trades or orders; andc) high message intraday rates which constitute orders, quotes or cancellations;”
whereby, a ‘high message intraday rate’ is understood as ‘the submission on averageof any of the following:a) at least 2 messages per second with respect to any single financial instrument
traded on a trading venue;b) at least 4 messages per second with respect to all financial instruments tradedon a trading venue”; andwhere only messages concerning financial instruments for which there is a liquidmarket are to be included in the calculation.

•

Initial Margin means the amount which you are required to deposit with us (depending on the Financial Product), as the initial Margin Cover for any Transaction which you
propose to enter into.

•

Last Dealing Time means the last day and (as the context requires) time before whicha Transaction may be dealt in, as set out in the Contract Details or otherwise notified
to you, or otherwise the last day and (as the context requires) time on which the underlying Instrument may be dealt in on the relevant Underlying Market.

•

Linked Transactions means two or more Transactions in respect of which we agree
not to call for, or apply, the full amount of Margin because of the relationship between
such Transactions.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Liquidation Level means the minimum Margin Cover allowable before there might beautomatic Close Out of all or some of your Open Positions.

•Long Party means the party to a Transaction who is treated as having notionallybought the Underlying Instrument (or, in the case of an Index CFD, a right in respect of
payment arising from a change in the level of an index).

•

Loss means a damage, loss, cost, expense or liability incurred by the person concerned, however it arises and whether it is present or future, fixed or unascertained,
actual or contingent.

•

Manifest Error means a material error, obvious error or omission that is or should bereasonably obvious. This includes (but is not limited) an incorrect date, time, misquoteof the Quotes by us, or by any Exchange, or price providing financial institution to us or
any other information source that we rely on at the time of an Order or Transaction.

•

Margin means the amount of money you are required to deposit with us in order toopen and maintain a Transaction (including Initial Margin and Variation Margin) for
opening and maintaining Transactions.

•

Margin Cover means the amount of Margin available for margin trading (and yourcontinued trading) on your Account.

•Market Spread means the difference between the bid and offer prices for a Transaction of equivalent size in an Underlying Instrument, or a related Instrument, in the Underlying Market.

•

Minimum Trade Size means, in respect of a Transaction in which a Minimum Trade
Size applies, the minimum number of shares, contracts or other units of an Underlying
Instrument that we will deal on, which in most cases is specified in the Contract Details
and, where not so specified, we will inform you of on request.

•

Normal Market Size means the maximum number of Underlying Instruments that wereasonably believe the Underlying Market to be good in at the relevant time.

•

Opening Level means the price at which a Transaction is opened.

•

Open Position means, at any time, a Transaction, which has not been Closed Out, or
settled prior to the time agreed for settlement.

•

Order means any order placed by you to enter into a Transaction.

•

P&L means realized and/or unrealized profits and/or losses, as the case permits.

•

Privacy Policy means the policy of that name of FinPros.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Product Specification means a product specific module, which forms part of thisAgreement (which we may provide on the Website) and sets out the terms, and conditions that apply to specific types of Transactions or services that we provide or supply to you.

•

Quote means, in relation to a Transaction, the price or rate quoted by FinPros as finallydetermined when an Order is executed.

•

Realized/Unrealized Loss means:o(a) (realized loss) – the amount by which the value of an Open Position on Close
Out is less than the value of the Open Position when the Open Position was lastvalued or if the Open Position has never been valued previously, it is the value
when the position was opened; ando(b) (unrealized loss) – the amount by which the value of an Open Position (noton Close Out) is less than the value of the Open Position when it was last revalued or if the Open Position has never been valued previously, it is the value
when the position was opened.

(This term may be referred to as “Floating Loss” on the Electronic Trading Service).
•

Realized/Unrealized Profit means:o(a) (realized gain) - the amount by which the value of an Open Position on
Close Out is more than the value of the Open Position when the Open Position
was last valued or if the Open Position has never been valued previously, thevalue when the position was opened; ando(b) (unrealized gain) – the amount by which the value of an Open Position (noton Close Out) is more than the value of the Open Position when it was last revalued or if the Open Position has never been valued previously, the value when
the position was opened.

(This term may be referred to as “Floating Profit” on the Electronic Trading Services).
•

Rules in relation to a financial market or Exchange means the operating rules, procedures, customs and usages of the financial market or Exchange.

•

Schedule means any schedule that is annexed to this Agreement and forms part ofthis Agreement.

•

SDL means Securities Dealer License.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Security Data means one or more user identification codes, digital certificates, passwords, authentication codes, or such other information or devices (electronic or otherwise) as may be provided or specified to you, to enable your access to the Electronic
Trading Services.

•

Sell Transaction has the meaning given to it in clause 9.3.

•

Share CFD is a form of CFD that gives exposure to changes in share prices. It is not anagreement to buy or sell any amount of shares and, it cannot result in the delivery of
any shares to or by you.

•

Short Party means the party to a Transaction who is treated as having a financial outcome similar to having effectively sold the Underlying Instrument.

•

Spread means the difference between the Bid price and the Ask price of a Contract.

•

Stock Index CFD is a form of CFD that gives exposure to changes in the value of a stockindex.

•

System means all computer hardware and software, equipment, network facilities andother resources and facilities needed to enable you to use an Electronic Trading Service.

•

Tax means any present or future tax, levy, impost, deduction, charge, duty, compulsory
loan or withholding (together with any related interest, penalty, fine or expense in connection with any of them) levied or imposed by any Government agency, other than
any imposed on overall net income.

•Transaction means any contract between you and FinPros as principal:o(a) to pay, or to agree to pay, an amount calculated in respect of an Underlying
Instrument in one currency against the settlement in the same or another currency (or other agreed Underlying Instrument); ando(b) in respect of which (other than in respect of Closing Out an Open Position aspermitted under this Agreement) you have, or you are taken to have, agreed(whether orally, electronically or in writing) to:-(i) the specification of the Underlying Instruments involved;-(ii) the amount of Underlying Instruments involved and, if applicable, theamount of the specified currency involved;-(iii) the Quote;‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business-(iv) Transaction Fee and Finance Charges; and-(v) any other features agreed by FinPros.

It also includes Expiry Transactions and CFD Transactions as the context requires.
•Transaction Fee means the fee or commission from time to time specified by FinPros
to be the amount payable by you to FinPros in respect of each Transaction, as set out
on the Electronic Trading Service.

•

Undated Buy Transaction means a Transaction with an indefinite contract period thatis not capable of expiring automatically.

•

Underlying Market means an Exchange or other similar body or liquidity pool on which
an Underlying Instrument is traded.

•

Underlying Instrument means any security, financial product, foreign exchange, cryptocurrency, commodity, index or other item (or any combination of one or more ofthose) the subject of a Transaction, including a value determined by reference to anindex or an index multiplied by an amount of currency, in any jurisdiction, whether or
not through an Exchange or other market facility.

•

Variation Margin means an amount, which you are, required to pay to FinPros as additional Margin cover.

•Website means www.finpros.com.

32.

INTERPRETATION

32.1.

reference to:a) a clause is a reference to a term of this Agreement;b) an Act of Parliament is a reference to such Act as from time to time amended, consolidated or re-enacted (with or without modification) and includes all instrumentsor orders made under such enactment;c) any time or date will be to Server Time, unless expressly noted to the contrary; andd) the singular will import the plural and the masculine will import the feminine, as thecontext requires.

32.2.

The following rules also apply in interpreting this document, except if the context makes it
clear that a rule is not intended to apply.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businessa) Headings used in this Agreement are used for convenience only, and do not affectinterpretation.
b) A reference to legislation (including subordinate legislation) is to that legislation as
amended, re-enacted or replaced, and includes any subordinate legislation issued
under it.
c) A singular word includes the plural and vice versa.
d) A word, which suggests one gender, includes the other gender.
e) If a word or phrase is defined, any other grammatical form of that word or phrase
has a corresponding meaning.
f) A reference to time is to local time in Seychelles, unless otherwise specified.
g) Anything permitted to be done by FinPros in accordance with this Agreement may
be done in its absolute discretion, and any opinion or view required to be formed
by FinPros may be formed in its absolute discretion.
h) For the avoidance of doubt, time will continue to run on days, which are not Business Days.
i) The English version of this Agreement prevails over any other translated version ofthis Agreement.
32.3.

If a specific provision in a Schedule is inconsistent with another provision in this Agreement, the specific provision prevails over the other provision to the extent of the inconsistency.

SCHEDULE 1 – TERMS FOR TRADING IN CFDS
1.

SCOPE OF THIS SCHEDULE

1.1.

This schedule applies to you each time you place an Order to deal in CFD. You agree to bebound by the terms contained in this schedule.

1.2.

If there is any inconsistency between this schedule and the Agreement, the provisions of
this schedule will prevail to clarify any inconsistency.

1.3.

Any capitalized term not defined in clause 2 of this schedule will have the corresponding
meaning given to it in clause 32.1 of the Agreement.

1.4.

References to “the Agreement” in this schedule means to the main body of the Agreement.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business2.

DEFINITIONS

2.1.

The following capitalized words in this schedule have the following meanings:•

CFD Transaction means a Transaction entered into by you in respect of a CFD or CFDs.

•

Trigger Event means any one or more of the following events as determined by FinPros:o(a) an event that has a diluting effect on the market value of securities;o(b) if the Underlying Instrument is an index, a substantial adjustment to the composition of the index outside its own terms allowing for adjustments or weightings;
a failure to publish the index or a suspension or cancellation of the index;o(c) if the Underlying Instrument is a security, a subdivision, consolidation or reclassification of the security, or a free distribution of securities to existing holders by wayof a bonus or capitalization;o(d) if the Underlying Instrument is a derivative which is able to be traded on an
Exchange – any event in respect of which the operator of the Exchange makes anadjustment to the terms of the derivative;o(e) a distribution to existing holders of additional shares or other securities or other
Financial Products granting them the right to receive dividends or other proceeds
equally and proportionately with payments made to holders of the underlying securities; or securities, rights or warrants granting the right to a distribution of sharesor to purchase, subscribe, or receive shares, in any case for payment (in money
cash or money’s worth) at less than the prevailing market price per share as determined by FinPros.

3.

OPENING A CFD TRANSACTION

3.1.

You enter into a CFD Transaction either buying (going long) or selling (going short) a CFD.
You go “long” when you buy a CFD in the expectation that the price of the Underlying Instrument to which the CFD relates will increase. This would have the effect that the price of the
CFD would increase. You go “short” when you sell a CFD in the expectation that the price of
the Underlying Instrument to which the CFD relates will decrease. This would have the effectthat the value of the CFD would decline.

3.2. A CFD Transaction comes into existence when we have accepted your Order to enter into
the CFD Transaction.

‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Business3.3. The obligation to pay any fees and charges as outlined in clause 14 of the Agreement (asthe context requires) applies to CFD Transactions.
3.4. The Margin obligations outlined in clause 16 of the Agreement (as the context requires) applies to CFD Transactions.

4. CLOSING A CFD TRANSACTION
4.1.

You acknowledge that:a) Most (but not all…) CFDs do not expire or have a fixed term of existence, so theymust be Closed Out by you (or us).
b) CFDs with an expiry date will be governed by clauses 10.7 through 10.16 of the Agreement.

4.2. If you wish to close an Open Position in respect of a CFD Transaction, you enter into a newposition, which is equal and opposite to the Open Position. To close a ‘bought’ or ‘long’ position - you sell. To close a ‘short’ or ‘sold’ position - you buy.
4.3. At the time that the Open Positions are Closed Out, the Electronic Trading Service will calculate the remaining payment rights and obligations to reflect movements in the Contract
Value since the previous business close (including any other credits/debits). Since you enter into a position to Close Out the existing position, there may be a fee on the position used
to close the position, which you agree to pay.
4.4. You may give us notice of your intention to close any CFD (whether in whole or part) by
specifying the Underlying Instrument and the quantity of CFDs that you wish to close. This
must be done by you placing an Order for a CFD Transaction, which, if accepted, would
Close Out the CFD that you wish to close.
4.5. At the Closing Out of a CFD Transaction, if there is a difference between the Closing Valueand the Contract Value of the CFD it must be accounted for in the following way:a) if the Closing Value is greater than the Contract Value, the Short Party must pay to
the Long Party the difference; and –b) if the Closing Value is less than the Contract Value, the Long Party must pay to the
Short Party the difference.
4.6. If the issuer whose security represents the Underlying Instrument on which all or part of a
CFD Transaction is based becomes insolvent, the CFD Transaction will be taken to havebeen Closed Out at that time. The Closing Price of the CFD Transaction will be determined‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businessby us and we may consider a number of factors we believe appropriate in the circumstances.
4.7. If the Underlying Instrument on which the CFD Transaction is based ceases to be listed for
quotation on an Exchange, or is suspended or is halted from quotation, we may, in its absolute discretion, elect to terminate the relevant CFD Transaction and make necessary adjustments that we believe are necessary.
4.8. All adjustments or price calculations made by us in respect of a CFD Transaction is bindingon you.

5. TRIGGER EVENTS
5.1.

If an Underlying Instrument in respect of a CFD is subject to a Trigger Event, we will makethe necessary adjustments to the CFD Transaction (including the Contract Value) that we
believe is fair and reasonable in the circumstances. Any adjustment will take effect at thetime that we determine.

5.2. If at any time, a Trigger Event occurs and it is not reasonably practicable as determined by
FinPros in its absolute discretion to make an adjustment, FinPros may at any time after the
Trigger Event give you notice of FinPros’ intention to Close Out the CFD Transaction with the
Closing Value being that notified to you by FinPros.

6.

TERMINATING A CFD

6.1.

You acknowledge that FinPros may terminate a CFD (apart from any other right to terminate) if:a) the Underlying Instrument ceases to be able to be traded on an Exchange or issubject to a trading suspension or trading halt for a period of more than five (5)Business Days;b) a Trigger Event occurs and FinPros determines that it is not reasonably practicableto make an adjustment to the terms of a CFD under this schedule;c) FinPros’ rights under the relevant hedge contract or in respect of the relevant Underlying Instrument, are Closed Out, suspended or terminated by its hedge counterparty (which may occur automatically under the terms of any agreement between FinPros and the hedge counterparty); ord) FinPros considers, acting reasonably, that the hedge counterparty or issuer of theUnderlying Instrument may not be able to meet its obligations to FinPros under the‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
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Terms & Conditions of Businessterms of the hedge contract or Underlying Instrument or other contracts between
FinPros and the issuer of the Underlying Instrument or the hedge counterparty.
6.2. If FinPros terminates a CFD under this clause or otherwise, FinPros will determine a termination value, payable by FinPros to you or by you to FinPros, which FinPros considers appropriate, acting reasonably, and having regard to the circumstances of termination, and thevalue (if any) of the Underlying Instrument. The termination will take effect at the time determined by FinPros.
___________________________‘FinPros.com’ is a domain owned and operated by ‘FinPros Financial Ltd’, a company registered in Seychelles withcompany registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé,
Seychelles. ‘FinPros Financial Ltd’ is regulated by the Financial Services Authority (‘FSA’) of Seychelles as a Securities
Dealer with License number: SD087. Finquotes Management LTD, with registered office at, Georgiou Gennadiou, 10,
Agathangelos Court, 3rd floor, Flat/Office 303, 3041, Limassol, Cyprus acts as a paying agent to Finpros Financial Ltd,
Seychelles for the purpose of facilitating payment services to Finpros Financial Ltd.
Page 69 of 69