TERMS AND CONDITIONS GOVERNINGTHE USE OF THE TTCM COPYTRADESERVICE(SIGNAL SUBSCRIBERS)

Original Issue Date:
Approver(s):Owner(s):December 2018
Board of Directors
TTCM TRADERS MARKETS LIMITED

Contact Person:

Chief Executive Officer

Classification:

Portfolio Management - Terms and Conditions
Governing the Use of the TTCM Copytrade
Service (signal subscribers)

Operational Applicability:

All Personnel & Portfolio Management Clients

Last Revision Date:

December 2019

Last Reviewed Date:

December 2019

Next Review Date:

December 2022

Version:3

Other Languages:

N/A

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

TABLE OF CONTENTS
Contents
CHAPTER A: INTRODUCTION & REGULATORY DISCLOSURES .......................................................... 4
INTRODUCTION ........................................................................................................................ 4
INFORMATION ......................................................................................................................... 4
EXTENT OF AGREEMENT ........................................................................................................... 4
MUTUAL ASSENT ......................................................................................................................... 6
RISK AWARENESS......................................................................................................................... 8
CHAPTER B: SCOPE OF AGREEMENT.............................................................................................. 9
PARTIES TO THESE TERMS & CONDITIONS GOVERNING THE USE OF THE TTCM COPYTRADE SERVICE.................................................................................................................................................... 9
ELECTRONIC SIGNATURES AND ACCEPTANCE OF AGREEMENT(S)................................................... 9
ACCEPTANCE & SCOPE OF AGREEMENT(S) .................................................................................. 10
AUTHORIZATION........................................................................................................................ 11
EXPERIENCE AND KNOWLEDGE IN FINANCIAL MATTERS ............................................................. 12
CLIENT CATEGORIZATION ........................................................................................................... 14
RIGHT TO REQUEST CHANGES TO THE CLASSIFICATION ASSIGNED ............................................... 15
CLIENT CATEGORISATION CHANGES ........................................................................................... 16
RIGHT TO CANCEL/COOLING OFF ................................................................................................ 17
LEGAL RESTRICTIONS ................................................................................................................. 18
AMENDMENTS........................................................................................................................... 18
MOST RECENT VERSION OF THESE TERMS & CONDITIONS GOVERNING THE USE OF THE TTCM
COPYTRADE SERVICE .................................................................................................................. 19
ENTIRE AGREEMENT - SEVERABILITY........................................................................................... 19
DEFINITIONS .............................................................................................................................. 20
INTERPRETATION ....................................................................................................................... 33
CHAPTER C: USE OF THE TTCM COPYTRADE SERVICE ................................................................... 34
SCOPE OF THE TTCM COPYTRADE SERVICE/CLIENT PROFILE ..................................................... 34
USE OF THE TTCM COPYTRADE SERVICE .................................................................................. 37
SUBSCRIPTION TO THE TTCM COPYTRADE SERVICE.................................................................. 40
USER CREDENTIALS ................................................................................................................. 43
PRIVACY AND INFORMATION.................................................................................................. 43
CANCELLATION OF YOUR SUBSCRIPTION TO THE TTCM COPYTRADE SERVICE ........................... 43
DISCLAIMER OF WARRANTIES ................................................................................................. 45
LIMITATION OF LIABILITY ........................................................................................................ 46
INDEMNIFICATION.................................................................................................................. 46
CHAPTER D: FEES, CHARGES AND EXPENSES AND MARGIN .......................................................... 47
FEES, CHARGES AND EXPENSES ............................................................................................... 47
MARGIN ................................................................................................................................. 48
CHAPTER E: GENERAL PROVISIONS ............................................................................................. 48
ORDER EXECUTION POLICY ..................................................................................................... 48
RISK WARNINGS ..................................................................................................................... 49
PERFORMANCE STATISTICS ..................................................................................................... 52
CHAPTER F: COMMUNICATIONS AND INSTRUCTIONS/ STATEMENTS ........................................... 52
COMMUNICATIONS AND INSTRUCTIONS................................................................................. 52
STATEMENTS .......................................................................................................................... 54
CHAPTER G: REPRESENTATATIONS AND WARRANTIES/INDEMNIFICATION .................................. 55
REPRESENTATIONS AND WARRANTIES .................................................................................... 55
CHAPTER H: TERMINATION AND CLOSURE OF ACCOUNT(S) ......................................................... 56
TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

TERMINATION AND CLOSURE OF ACCOUNTS ........................................................................... 56
CHAPTER I: MISCELLANEOUS PROVISIONS .................................................................................. 57
ASSIGNMENT.......................................................................................................................... 57
TIME OF ESSENCE ................................................................................................................... 58
NOTICES ................................................................................................................................. 58
GOVERNING LAW AND JURISDICTION ..................................................................................... 60
DISPUTE RESOLUTION ............................................................................................................. 60
INTERIM RELIEF - INJUNCTIVE RELIEF ....................................................................................... 61
CONTROLLING LANGUAGE ...................................................................................................... 61
FORCE MAJEURE ..................................................................................................................... 62
NO WAIVER ............................................................................................................................ 62
CUMULATIVE REMEDIES ......................................................................................................... 63
EXCLUSION OF THIRD-PARTY RIGHTS ...................................................................................... 63
INDEPENDENT PARTIES/NO PARTNERSHIP OR JOINT VENTURE ................................................ 63
COUNTERPARTS...................................................................................................................... 64

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

TERMS AND CONDITIONS GOVERNING THE USE OF THE
TTCM COPYTRADE SERVICE (SIGNAL SUBSCRIBERS)CHAPTER A: INTRODUCTION & REGULATORY DISCLOSURESINTRODUCTION
1.1

These Terms & Conditions Governing the Use of the TTCM CopyTrade Service (hereinafterreferred to as the “Terms & Conditions Governing the Use of the TTCM CopyTrade Service”
govern the relationship between:a.

‘TTCM Traders Markets Limited’, (herein after “TTCM” or “the Company”)
henceforth "us", “our”, "we", the “Company”, “TTCM” or ‘Traders Trust’), a limited liability ,a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company
number 54135., and any of its designated and permitted successors, assigns, as well as thoseof its subsidiaries and Affiliates that are identified hereinafter; andb.

those of our Clients (which term shall include all persons, including a company,
partnership, trustee or other legal entities in whose name we agree to open a Subscriber
Account) who make use of our trading signals copy service (the “TTCM CopyTrade Service”),
which enables them to receive (transmitted) Trading Signals from certain Signals Providers
that are registered with us as a provider of Trading Signals and allowed to distribute Trading
Signals in accordance with our Terms & Conditions Governing the Distribution of Trading
Signals to the TTCM CopyTrade Service, and which allows them to copy trades performed in
the said Signals Provider’s trading Account in their own trading Account (hereinafter referred
to, depending on the context as “you”, “your” or, in general terms throughout these Terms& Conditions Governing the Use of the TTCM CopyTrade Service, the “Subscriber” or“Client”), subject to any special arrangements agreed in writing and any special regulations
which we may issue at any time.

INFORMATION
2.1

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under
section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrar ofCompanies under Company number 54135.

EXTENT OF AGREEMENT
3.1

These Terms & Conditions Governing the Use of the TTCM CopyTrade Service are part ofwider agreement by and between you and us in relation to your investment activities with us(hereinafter referred to as our “Agreement”) and set out the basis on which we will provide
you with “the TTCM CopyTrade Service”. Each provision of these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service shall be deemed to apply in its entirety to
the Client relationship between you and us in regard to the provision of the TTCM CopyTrade
Service, except to the extent that there is any inconsistency with the terms of any special
arrangement agreed in writing.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

3.2

Our “Agreement” with you consists of several documents that can be accessed through ourWebsite(s), or upon request, and specifically comprises:a. these ‘Terms & Conditions Governing the Use of the TTCM CopyTrade Service’(including any annexes, appendices, addenda, attachments, schedules and/or
exhibits hereof);b. the ‘Basic Rules of Using the TTCM CopyTrade - Signals Distribution System’, whichcontain the basic rules of using the TTCM CopyTrade - Signals Distribution System;c. our ‘Portfolio Management Terms and Conditions’, which contain the terms andconditions that apply to our Portfolio Management Services (including any annexes,
appendices, addenda, attachments, schedules and/or exhibits hereof);d. our ‘Client Agreement – Terms and Conditions of Business’, which contain(s) theterms and conditions that apply to the access and/or use of any of our Website(s),Electronic Trading Platform(s), Software, Products and/or Services;e. the fees, charges and/or commissions (including, without limitation, spreads, charges,
commissions, Margin, interest and other fees) (“Commissions and Charges”) at suchrates as are notified by us to you from time to time or published on our Website(s);f.

any application or form that you submit to us to open, maintain or close an Account;andg. any specific terms and conditions relating to the Products and Services we offer,
which will be displayed on the relevant Website(s);all of which are hereinafter, collectively, referred to as the “Agreement”. The Agreement
constitutes the entire agreement between you and us with respect to the subject matterhereof and supersedes all prior or contemporaneous oral or written communications,
proposals, agreement or representations with respect to the subject matter hereof.
3.3

In the event of any conflict or inconsistency between these Terms & Conditions Governing theUse of the TTCM CopyTrade Service and any of the documents, which together, constitute our

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

Agreement, these Terms & Conditions Governing the Use of the TTCM CopyTrade Service
shall prevail with regard to all matters involving the TTCM CopyTrade Service.
3.4

There are additional documents and information posted on our Website(s) or available uponrequest, which provide more details about us and our Services, but which do not form part of
our Agreement. These include, without limitation:a. our ‘Order Execution Policy’, which explains certain aspects of how we quote prices
and deal with Orders and Transactions;b. our ‘Conflicts of Interest Management Policy’, which explains how we handle
conflicts of interests in a manner that treats customers fairly;
c. our ‘Privacy Policy’, which explains how we deal with personal information that you
provide to us;
d. our ‘International Personal Data Protection Policy’, which explains how we areprocessing personal information concerning our employees, customers, suppliers
and others in the context of our business activities;
e. our ‘Money Laundering & Terrorist Financing Prevention Policy’, which explains ourcommitment to prevent any money laundering activities through our Services and tocomply with all applicable legal and regulatory requirements;f.

our ‘Website Terms & Conditions of Access & Use’, which contains certain specificterms and conditions of access and/or use of our Website(s);g. our ‘General Risk Disclosure’, which summarises the key risks involved in investingwith us;h. our ‘Risk Disclosures for Financial Statements & Investment Services’, which
discloses certain risks and other significant aspects involved in dealing in certain
derivative financial instruments; andi.

our ‘Complaints Handling Procedures’, which details how we deal with customer
complaints.

MUTUAL ASSENT
4.1

For your benefit and protection, you should take sufficient time to read these Terms &Conditions Governing the Use of the TTCM CopyTrade Service, as well as any additional
documents, information and/or other legal notices and statements (forming part of ourAgreement or otherwise) posted on our Website(s) or available upon request, completely
and carefully before opening an Account, accessing and/or using our Services, including, inparticular, the TTCM CopyTrade Service and/or and placing any Order or Transaction with us,
and you should contact us to ask for further information or seek independent professional
advice if necessary.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

4.2

You must read, agree with and accept all of the terms and conditions contained in theseTerms & Conditions Governing the Use of the TTCM CopyTrade Service and in any additional
documents, information and/or other legal notices and statements (forming part of ourAgreement or otherwise) posted on our Website(s) or available upon request, without
modifications, before you may access or use the TTCM CopyTrade Service.

4.3

IF YOU HAVE OBJECTIONS TO ANY OF THESE TERMS & CONDITIONS GOVERNING THE USE
OF THE TTCM COPYTRADE SERVICE AND/OR ANY ADDITIONAL DOCUMENTS, INFORMATION
AND/OR OTHER LEGAL NOTICES AND STATEMENTS (FORMING PART OF OUR AGREEMENTOR OTHERWISE) POSTED ON OUR WEBSITE(S) OR AVAILABLE UPON REQUEST, OR ANY PART
THEREOF, AND/OR IF YOU DO NOT AGREE TO BE BOUND BY THESE TERMS & CONDITIONSGOVERNING THE USE OF THE TTCM COPYTRADE SERVICE AND/OR ANY ADDITIONAL
DOCUMENTS, INFORMATION AND/OR OTHER LEGAL NOTICES AND STATEMENTS (FORMINGPART OF OUR AGREEMENT OR OTHERWISE) POSTED ON OUR WEBSITE(S) OR AVAILABLE
UPON REQUEST, OR ANY PART THEREOF, DO NOT ACCESS AND/OR USE THE TTCM
COPYTRADE SERVICE, ANY TRADING SIGNALS DISTRIBUTED THROUGH THE TTCM
COPYTRADE SERVICE, OUR TRADING PLATFORM(S) AND/OR WEBSITE(S) IN ANY WAY, AND
INFORM US IN WRITING IMMEDIATELY.

4.4

Your access and/or use of our Trading Platforms and/or Website(s) and/or of the TTCM
CopyTrade Service, in particular, constitutes your acceptance of these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service and of any additional documents,
information and/or other legal notices and statements (forming part of our Agreement orotherwise) posted on our Website(s) or available upon request. Your access and/or use of or
the TTCM CopyTrade Service is governed by the version of these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service and of any additional documents,
information and/or other legal notices and statements (forming part of our Agreement orotherwise) posted on our Website(s) or available upon request, which is in effect on the dateon which our Website(s) is/are accessed and/or used by you. Please feel free to contact ourcustomer support team at Assets@traders-trust.com for any clarifications before youcontinue to access and/or use the TTCM CopyTrade Service.

4.5

As set forth in further detail in Section 16 below, we reserve the right to amend, alter, modify,
delete or add to any of the provisions of these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service and of any additional documents, information and/or other legal
notices and statements (forming part of the Agreement or otherwise) posted on our Website(s)or available upon request at any time, in accordance with the terms hereof. When any of theseTerms & Conditions Governing the Use of the TTCM CopyTrade Service and/or additional
documents, information and/or other legal notices and statements (forming part of theAgreement or otherwise) posted on our Website(s) or available upon request are amended,altered, modified, deleted or added on to (hereinafter referred to as “Changes”), we will postsuch Changes on our Website(s) and/or otherwise notify you of such Changes. Each such
notification shall be deemed as sufficient notice and it is your duty to consult and/or to checkregularly these Terms & Conditions Governing the Use of the TTCM CopyTrade Service and any
additional documents, information and/or other legal notices and statements (forming part of
the Agreement or otherwise) posted on our Website(s) regarding any such Changes. Therefore,
you should review the relevant Website pages on which these Terms &TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

Conditions Governing the Use of the TTCM CopyTrade Service and/or any additional
documents, information and/or other legal notices and statements (forming part of ourAgreement or otherwise) are posted from time to time so as to ensure that you will be awareof any such Changes.

4.6

All amended terms shall be effective five (5) calendar days after their initial posting on our
Website(s), or as of the first time that you access and/or use our Website(s) after such
amendments were made, whichever is sooner. Your continued use of our Website(s) and/orof the TTCM CopyTrade Service after the publication of any Changes shall be considered as
your agreement to such modified Terms and Conditions and shall be governed by thoseTerms and Conditions, as modified. If you do not wish to be bound by those Changes, you
should cease to access and/or use our Website(s) and the TTCM CopyTrade Service andinform us in writing, immediately.

4.7

Some areas or parts of our Website(s) may have different specific terms of access and/or use
posted on them. If there is a conflict or discrepancy between these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service and any such specific terms of accessand/or use, the latter shall have precedence with respect to your access and/or use of such
relevant area or part of our Website(s).

RISK AWARENESS
5.1

Trading on any financial market involves a significant level of risk and you should not risk morethan you are prepared to lose. Before deciding to trade, you need to ensure that you understandthe risks involved taking into account your investment objectives and level of experience. Please
be aware then that the contents of our Website(s) are neither a solicitation, nor an offer to enter
into any transactions on the financial market(s). The contents of our Website(s) and of any
communications you may receive from us, via Electronic Messaging, website postings, e-mail,telephone, telefax or otherwise, and any part of any member’s area on our Website(s), in
particular, are for general information and educational purposes only and do not amount toinvestment advice or unsolicited financial promotions to you.

5.2

Past performance is not indicative of future results, as returns may vary according to market
conditions. Trading in complex financial products, such as Stocks, Futures, Foreign Exchange(‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on‘margin’ is speculative and may involve the loss of principal; therefore, funds placed undermanagement should be risk capital funds that if lost will not significantly affect one’s
personal financial wellbeing. No representation is being made that participating in a
managed account or portfolio management program or subscribing to the TTCM CopyTrade
Service will necessarily lead to profit. Investors may incur into a series of consecutive losses
and substantial equity-draw-downs that can deplete their funds before the occurrence ofany meaningful profit accumulation.

5.3

Please do read our “Website Terms of Use”, our “Risk Disclosures for Financial Statements& Investment Services”, our “Privacy Policy”, our “Conflicts of Interest Management
Policy”, our “Money Laundering & Terrorist Financing Prevention Policy”, our ‘Client

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

Agreement – Terms and Conditions of Business’, and our “Order Execution Policy”, as wellthe “Basic Rules of Using the TTCM CopyTrade - Signals Distribution System” and any
additional documents, information and/or other legal notices and statements (forming partof the Agreement or otherwise) posted on our Website(s), before accessing and/or using anyof our Services, including, in particular, the TTCM CopyTrade Service, our Products and/or
our Website(s).

CHAPTER B: SCOPE OF AGREEMENTPARTIES TO THESE TERMS & CONDITIONS GOVERNING THE USE OF
THE TTCM COPYTRADE SERVICE
6.1
These Terms & Conditions Governing the Use of the TTCM Copy Trade Service are entered into
between yourself, as our Client (hereinafter referred to as "you" or “your” or, in general terms, the“Client” and/or the “Subscriber”) and ‘TTCM Traders Markets Limited’, (herein after “TTCM” or “theCompany”), a limited liability , a limited liability Company, incorporated in Bermuda under section 14
and 6/132C(1) of the Companies Act 1981 and registered with the Registrar of Companies underCompany number 54135, and any of its designated and permitted successors, assigns and those of
its subsidiaries and affiliates that are identified further in these Terms & Conditions Governing theUse of the TTCM CopyTrade Service (also trading under the name ‘Traders Trust’ henceforth "us",“our”, "we", the “Company”, or ‘Traders Trust’).

6.2
This document describes in full detail the Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, which you must accept, without restrictions or objections, before
accessing and/or using the TTCM CopyTrade Service and/or any Trading Signals distributed via the
TTCM CopyTrade Service. Furthermore, before you access and/or use the TTCM CopyTrade Service,
you must fully understand and agree to all the terms and conditions expressly explained and/or
implied hereto, and/or incorporated herein by reference. Notwithstanding anything to the contrary,by continuing to use our Website(s) you are implying that you have read these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service and have unconditionally accepted these Terms &Conditions Governing the Use of the TTCM CopyTrade Service in their entirety and without
reservation.
‘Traders Trust’ (henceforth "us", “our”, "we", or the “Company”) and “you”, as our Client(henceforth “you”, “your” or, in general terms, the “Client” and/or the “Subscriber”), mayhereinafter be referred to, individually, as a “Party” and, collectively, as the “Parties”.

ELECTRONIC SIGNATURES AND ACCEPTANCE OF AGREEMENT(S)7.1

You hereby expressly acknowledge and agree that: (a) by downloading, completing and/or
submitting to us the appropriate Request to subscribe to the TTCM CopyTrade Service and any
related documentation and forms posted in the TTCM CopyTrade section on our Website(s)TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(hereinafter referred to as the “TTCM CopyTrade Account Opening Application Form(s)”)
and/or (b) by clicking in the appropriate space, or on the “I Accept” button, or similar buttons
or links as may be designated by us to show your approval and acceptance of these Terms &Conditions Governing the Use of the TTCM CopyTrade Service, you are entering into a legallybinding contract and you agree to abide by and to be bound by all the terms and conditions
set out in these Terms & Conditions Governing the Use of the TTCM CopyTrade Service, as
they may apply to you.
7.2

You hereby agree to communications being made, and to these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service and/or any changes in these Terms &Conditions Governing the Use of the TTCM CopyTrade Service (“Changes”), being delivered
via electronic media (including, without limitation, Electronic Messaging, website postings, email, or other electronic means) to the extent permitted under Applicable Laws, Rules and/or
Regulations. Any such communications being made via electronic media in order to enter
into these Terms & Conditions Governing the Use of the TTCM CopyTrade Service (and/or
any Changes thereof) shall, to the extent permitted by Applicable Laws, Rules and/or
Regulations, be treated as satisfying any legal requirement that a communication should be‘in writing’. Accordingly, any such documents that are delivered to you electronically(inclusive of these Terms & Conditions Governing the Use of the TTCM CopyTrade Service
and/or any Changes thereof) shall be deemed to be "in writing".

7.3

Furthermore, by "clicking" in the appropriate space, or on the “I Accept” button, or on similar
buttons or links as may be designated by us to show your approval and acceptance of theseTerms & Conditions Governing the Use of the TTCM CopyTrade Service, or by taking suchother action as may be indicated on our Website(s) in relation thereto, you will be deemed
to have ‘signed’ and/or acknowledged these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service (and/or any Changes thereof) to the same extent and with thesame effect as if you had signed the document manually. To the extent permitted underapplicable mandatory law, you hereby waive any rights or requirements under any
Applicable Laws, Rules and/or Regulations in any jurisdiction, which require an original (nonelectronic) signature or delivery or retention of non-electronic records. You further expressly
acknowledge your understanding that you have the right to withdraw your consent to theelectronic delivery and signature of documents at any time by providing prior written notice
to us. However, if you revoke your consent, your ability to make use of the TTCM CopyTrade
Service 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.

ACCEPTANCE & SCOPE OF AGREEMENT(S)8.1

In order to access and/or use the TTCM CopyTrade Service, you must read and agree
formally to these Terms & Conditions Governing the Use of the TTCM CopyTrade Service,complete and submit signed TTCM CopyTrade Account Opening Application Form(s),complete and submit the signed Client Profile Documentation that is included in the TTCM
CopyTrade Account Opening Application Form(s) and, where you are not a private individual,a Mandate, and provide us with proof of your identity and such other supporting
documentation that we may require.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

8.2

The ‘TTCM CopyTrade Account Opening Application Form(s)’, together with the ‘Client Profile
Documentation’ included therein (hereinafter the “Client Profile”), indicates whether the TTCM
CopyTrade Service, which we may be providing to you under these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service is suitable and/or appropriate for you.

8.3

Where we provide the TTCM CopyTrade Service to you (see further below), we will only dothis having ascertained that the relevant Services and/or Products are suitable for yourneeds. This assessment will take into account your knowledge and experience of the type of
relevant service and/or product, as well as your investment objectives and the level of risk
suitable to your Portfolio, based on the information provided by you in your Client Profile. If
the Client is a company, the company can designate the directors or the ultimate beneficial
owner(s) as the person(s) to be assessed for knowledge and experience.

8.4

We shall evaluate the TTCM CopyTrade Account Opening Application Form(s) and Client
Profile you submitted for the purpose of becoming a Client of us in regard to the provision of
the TTCM CopyTrade Service, and shall inform you by e-mail whether your application is
accepted or not. We reserve the right to refuse and/or decline your application(s), at oursole discretion and for any reason, without being obliged to provide you with any
explanation or justification.

8.5

Without prejudice to the provisions of Section 8.1 hereinabove, in particular as regards youracceptance and acknowledgement of these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, we will become a counterparty bound to these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, and these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service will become binding on us, only as of the date on which
we are sending the above-mentioned confirmation e-mail, as indicated thereon (the“Effective Date”).

8.6

We may from time to time send to you further communications in respect of certain financial
Transactions and/or Contracts, which may contain specific legal and/or contractual
provisions that may be applicable with respect to such financial Transactions and/or
Contracts. In the event of any conflict and/or discrepancy between the clauses of theseTerms & Conditions Governing the Use of the TTCM CopyTrade Service and the legal and/or
contractual provisions set forth in such communications, the latter shall prevail. The fact thata legal and/or contractual provision is specifically set forth herein, or is included in a specificcommunication to you, in respect of one particular financial Transaction and/or Contract,shall not preclude a similar legal and/or contractual provision being expressed or implied, or
being applicable, in relation to any other Transaction and/or Contract.

AUTHORIZATION
9.1

The TTCM CopyTrade Service is available to, and may only be used by, individuals,
corporations, companies, joint ventures, partnerships or any other legal entities or
associations of individuals or other legal entities (hereinafter referred to as "Legal
Entit(y)ies”), which can form legally binding contracts under the law(s) applicable to theircountry of residence or, in the case of Legal Entities, in their country of formation,
incorporation and/or domiciliation. Without limiting the foregoing, the TTCM CopyTrade

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

Service is NOT available to Persons who are under the age of 18, or otherwise under legal age intheir country of residence (hereinafter referred to as "Minors"), or who, otherwise, cannot form
legally binding contracts under the law(s) applicable in their country of residence or, in the caseof Legal Entities, in their country of formation, incorporation and/or domiciliation.

9.2

In accordance with the foregoing, you hereby represent and warrant, without prejudice toany other representations, warranties and/or covenants made under these Terms &Conditions Governing the Use of the TTCM CopyTrade Service: (a) that you are a private
individual who, or a Legal Entity that, can form legally binding contracts under the laws
applicable in your country of residence, or, in the case of a Legal Entity, in its country offormation, incorporation and/or domiciliation; (b) if you are a private individual, that you areabove the age of 18 or otherwise above the legal age in your country of residence; (c) that allof the information provided by you to us for the purposes of, or in the context of, opening a
Subscriber Account in regard to the provision of the TTCM CopyTrade Service (in particular,
but without limitation, in your TTCM CopyTrade Account Opening Application Form(s) andClient Profile) is correct and current; (d) that you have all necessary rights, power, andauthority to enter into these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service and to perform the acts required of you hereunder; (e) that you are not politically
exposed person and you do not have any relationship (e.g., relative, associate, etc...) with aperson who holds or held during the last twelve (12) months any public position.

9.3

To the extent that the party intending to open a Subscriber Account with us or intending to
make use of the TTCM CopyTrade Service is a Legal Entity, you represent and warrant thatyou are legally authorized to bind such Legal Entity for the purposes of these Terms &Conditions Governing the Use of the TTCM CopyTrade Service and/or the TTCM CopyTrade
Service to be provided hereunder, and that your execution and/or acceptance of theseTerms & Conditions Governing the Use of the TTCM CopyTrade Service, as provided herein,
shall be binding on, and enforceable against, such Legal Entity, for any and all purposes andintents of these Terms & Conditions Governing the Use of the TTCM CopyTrade Service.

9.4

IF ANY OF THE STATEMENTS SET FORTH IN THE IMMEDIATELY PRECEDING PARAGRAPH IS
UNTRUE OR INACCURATE WITH RESPECT TO YOU, PLEASE INFORM US IMMEDIATELY IN
WRITING AND WE SHALL INFORM YOU IF, HOW AND/OR WHETHER YOU MAY CONTINUE
TO MAKE USE OF THE TTCM COPYTRADE SERVICE.

9.5

In agreeing to the terms and conditions of these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service, you authorise us, or agents acting on our behalf to investigate
your credit standing and in connection therewith to contact such banks, financial institutions
and credit agencies as we shall deem appropriate to verify such information. You further
authorise us to investigate any current and past investment activity, and in connection
therewith, to contact such, exchanges, broker/dealers, banks, financial institutions andothers as we shall deem appropriate.

EXPERIENCE AND KNOWLEDGE IN FINANCIAL MATTERS
10.1

Furthermore, the TTCM CopyTrade Service is available only to, and may only be used by
Persons (a) who have sufficient experience and knowledge in financial matters to be capable

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

of evaluating the merits and risks of using the TTCM CopyTrade Service and trading in
futures, options, contracts for differences, spot or forward contracts of any kind in relation
to any commodity, metal, financial instrument (including any security), currency, interest
rate, index or any combination thereof (hereinafter, collectively or individually, referred toas “Financial Instruments”), and (b) who have done so without relying on any information
contained on, or in our Website(s) and/or otherwise provided by us in relation thereto.
10.2

In particular, where we provide the TTCM CopyTrade Service to you (see further below), we
will only do this having ascertained that the relevant services and/or products are suitablefor your needs. This assessment will take into account your knowledge and experience of thetype of relevant service and/or product, as well as your investment objectives and the levelof risk suitable to your portfolio, based on the information provided by you in your Client
Profile. If the Client is a company, the company can designate the directors or the ultimate
beneficial owner(s) as the person(s) to be assessed for knowledge and experience.

10.3

In accordance with the foregoing, you hereby represent, warrant and covenant, without
prejudice to any other representations, warranties and/or covenants made under these Terms &Conditions Governing the Use of the TTCM CopyTrade Service: (a) that you have sufficientknowledge and experience in financial matters to be capable of evaluating the merits and risks of
trading in Financial Instruments; (b) that you have done so without relying on any information
contained on or Website(s) and/or otherwise provided by us in relation thereto:(c) that you act as Principal and sole beneficial owner (but not as trustee) of your Subscriber
Account and any funds deposited therein, in entering into these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service; (d) that, regardless of any subsequent
determination to the contrary, trading in Financial Instruments (and in such otherinvestments as we may from time to time agree) is suitable for you and that you are awareof all risks involved with such transactions; (e) that you are willing and financially able tosustain a total loss of funds resulting from any such transactions in Financial Instruments;and (f) that you have read, and fully understood, our full ‘General Risk Disclosure’ and ‘Risk
Disclosures for Financial Instruments & Investment Services’, posted on our Website(s), and(g) ) that all of the information regarding your knowledge and experience in financial mattersprovided by you to us for the purposes of, or in the context of, opening a Subscriber Accountin regard to the provision of the TTCM CopyTrade Service (in particular, but without
limitation, in your TTCM CopyTrade Account Opening Application Form(s) and Client Profile)
is correct, current and up-to-date in all respects.

10.4

Without prejudice to any of the foregoing, and except as expressly otherwise provided
herein, we shall not be responsible for verifying and/or checking whether you have sufficientknowledge and/or experience in financial matters to be capable of evaluating the merits andrisks of trading in Financial Instruments, nor shall we be responsible for any damages and/or
losses incurred by you as a result of insufficient knowledge and/or experience.

10.5

IF YOU DO NOT QUALIFY, PLEASE DO NOT SEEK AND/OR SOLICIT THE USE OF THE TTCM
COPYTRADE SERVICE AND INFORM US IN WRITING IMMEDIATELY.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

CLIENT CATEGORIZATION
11.1

We categorize/classify our Clients in three (3) main categories:a.

Professional Clients: a category that includes all of the entities such as investment firms,
credit institutions, insurance companies, undertakings for the collective investment oftransferable securities (UCITS), pension funds and national governments), plus a handful ofothers, such as ‘institutional investors whose main activity is to invest in financial
instruments’ and exceptionally some individuals who may be treated as professionals onrequest;b.

Retail Clients: a category that includes Clients not falling within Professional Client
category, who are deemed to have less investment knowledge and experience;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

11.2

We will notify each Client in writing as appropriate of the categorization/classification
assigned. Any such categorization/classification, as well as any notification thereof, will bevalid and will apply to all Accounts held by the Client with us.

11.3

Please note that you shall be treated as a “Retail Client”, unless we shall classify or reclassify
you as a “Professional Client”, depending on the information that you shall provide whencompleting the Subscriber Account registration process or thereafter.

RIGHT TO REQUEST CHANGES TO THE CLASSIFICATION ASSIGNED
12.1

We offer our Clients the possibility to request re-categorization. Where a Client requests a
different categorization (either on an overall level or on a product level), the Client needs tomeet certain specified quantitative and qualitative criteria. On the basis of the Client’s
request, we undertake an adequate assessment of the expertise, experience and knowledgeof the Client to give reasonable assurance, in the light of the nature of transactions orservices envisaged that the Client is capable of making his/her own investment decisions andunderstanding the risks involved. However, if the above-mentioned criteria are not met, wereserve the right to choose whether to provide services under the requested categorization.

12.2

To request a change in Client categorization, you will need to hand in the special form forthis request, duly completed and signed. This form is available to you and can be
downloaded from our Website(s) as part of the TTCM CopyTrade Account Opening
Application Form(s), which you need to complete to open a Subscriber Account with us.

12.3

Acceptance of the request by us will depend on your compliance at all times with establishedlegal and regulatory requirements for making the change effective, as follows:A.

OPT-DOWN FROM A PROFESSIONAL CLIENT

12.5

A Client who is categorised as a Professional Client has the right to opt-down to a Retail Client for
all business conducted with us or on a “product category basis”, provided, however, that we are
not obliged to accept such a categorisation; it is the sole responsibility of the Client to ask inwriting for this higher level of protection when the Client is unable to properly assess or manage
the risks involved in its investment decisions.

B.

OPT-UP FROM A RETAIL CLIENT

12.6

A Retail Client has the right to request a lower level of protection as a Professional Client inrespect of all its business with us or on a “product category basis”, provided, however, that weare not obliged to accept such a categorisation; In the specific case of a request for a change from
Retail to Professional Client, such a request specifically implies the express renunciation of theright to be treated as a Retail Client and of rights to the associated level of protection; in this caseat least two of the three following conditions must be marked as fulfilled on the form referred to:(a) to have carried out a significant volume of operations on securities markets in the last four
quarters with an average frequency of more than ten (10) operations per quarter; (b) to have
Assets in the form of securities deposited in financial institutions and cash with a combined valueof more than €500.000,-;(c) to hold or to have held in the past for at least one year a professional position in thefinancial sector requiring knowledge of the type of operations or services now being
contemplated.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

12.7

Upon receiving such a request for a lower level of protection as a Professional Client from a
Retail Client who meets the above-mentioned criteria, we may, but are not obliged to,accept categorisation as a Professional Client for our Services, Transactions and/or Contracts.

12.8

Based on any of the above-mentioned requests for change, we will in each instance notify
you, as appropriate, of the new classification assigned; any such new
categorization/classification, as well as any notification thereof, will be valid and will apply to
all Accounts held by you with us.

CLIENT CATEGORISATION CHANGES
13.1

Professional Clients have an obligation to inform us of any change that could affect theircategorisation. If no such information is received from you, we will consider that you
continue to meet the conditions to be categorised a retail Client.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

RIGHT TO CANCEL/COOLING OFF
14.1

The provisions of this Section shall only apply to you where you are classified as a ‘Retail
Client’.

14.2

You are entitled to cancel your agreement to access and/or use the TTCM CopyTrade Service
by giving written notice to us within a fourteen (14) calendar day cancellation period.

14.3

Subject to the provisions of Section 14.5 below, you need not give any reason for thecancellation and the right to cancel applies even if you have already received Services fromus before the cancellation period expires.

14.4

The period for cancellation begins on the date the Agreement starts to apply to you.

14.5

AS THE PRICE OF EACH TRANSACTION OR CONTRACT ENTERED INTO IN THE FRAMEWORKOF THE TTCM COPYTRADE SERVICE MAY DEPEND ON FLUCTUATIONS IN THE UNDERLYINGINSTRUMENTS, WHICH ARE OUTSIDE OF OUR CONTROL AND WHICH MAY OCCUR DURING
THE CANCELLATION PERIOD, YOU HAVE NO RIGHT TO CANCEL YOUR AGREEMENT TOACCESS AND/OR USE THE TTCM COPYTRADE SERVICE UNDER THIS SECTION 0 IF ANY TRADE
PLACED AND/OR ANY TRANSACTION ENTERED INTO IN THE FRAMEWORK OF THE TTCM
COPYTRADE SERVICE HAS BEEN EXECUTED BEFORE WE RECEIVE YOUR NOTICE OF
CANCELLATION.

14.6

Following a valid cancellation, we will return any amounts/funds you have deposited with usprior to receipt of the cancellation notice, subject to our right of set-off for any properly
incurred charges incurred prior to cancellation.

14.7

If you do not exercise your right of cancellation, our agreement to access and/or use the
TTCM CopyTrade Service will continue in effect until either you or we terminate the TTCM
CopyTrade Service in accordance with the provisions of Section 38 below, or by us
exercising any of our rights to terminate under these Terms & Conditions Governing theUse of the TTCM CopyTrade Service.

14.8

Unless expressly agreed upon otherwise by mutual consent and in writing by and between you
and us, there is no minimum or fixed duration of these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service and/or the TTCM CopyTrade Service provided hereunder.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

LEGAL RESTRICTIONS
15.1

Without limiting any of the foregoing, the TTCM CopyTrade Service is not available where itis illegal to use it, and we reserve the right to refuse, decline and/or cancel the TTCM
CopyTrade Service and/or any part thereof, at our sole discretion and for any reason, at any
time, without being obliged to provide you with any explanation or justification.

15.2

In that regard, you understand that the laws regarding financial contracts vary throughout
the world, and that it is your, and only your obligation alone to ensure that you fully comply
with any law, regulation or directive, relevant to your country of residency, or, in the case ofa Legal Entity, in its country of formation, incorporation and/or domiciliation, with regard to
your use of the TTCM CopyTrade Service. For avoidance of doubt, the ability to access our
Website(s) does not necessarily mean that your use of the TTCM CopyTrade Service is legal
under the laws, regulations or directives relevant to your country of residency, or, in the caseof a Legal Entity, in its country of formation, incorporation and/or domiciliation.

15.3

IF YOUR USE OF THE TTCM COPYTRADE SERVICE IS NOT LEGAL UNDER THE LAWS,REGULATIONS OR DIRECTIVES RELEVANT TO YOUR COUNTRY OF RESIDENCY, OR, IN THE
CASE OF A LEGAL ENTITY, IN ITS COUNTRY OF FORMATION, INCORPORATION AND/OR
DOMICILIATION, PLEASE DO NOT SOLICIT THE USE OF THE TTCM COPYTRADE SERVICE AND
INFORM US IN WRITING IMMEDIATELY.

15.4

The fact that we are providing the TTCM CopyTrade Service does not constitute, and may not
be used for the purposes of, an offer and/or solicitation to anyone in any jurisdiction inwhich the providing of the TTCM CopyTrade Service, and the related dealing in Financial
Instruments, is not authorized, and/or to any Person to whom it is unlawful to make such anoffer and/or solicitation. Access and/or use of the TTCM CopyTrade Service, and the related
dealings in Financial Instruments, may be restricted in certain jurisdictions, and, accordingly,
Clients seeking to make use of the TTCM CopyTrade Service are required to informthemselves of, and to observe, such restrictions.

15.5

IMPORTANT NOTE: WE DO NOT ACCEPT ANY BUSINESS FROM CLIENTS RESIDING IN THE
UNITED STATES. WE RESERVE THE RIGHT TO IMPOSE ADDITIONAL REQUIREMENTS OR PRECONDITIONS TO ACCEPT CLIENTS RESIDING IN OR FROM SPECIFIC COUNTRIES AT ANY TIME
AND AT OUR SOLE AND EXCLUSIVE DISCRETION, WITHOUT BEING OBLIGED TO PROVIDE ANY
EXPLANATION OR JUSTIFICATION.

AMENDMENTS
16.1

We reserve the right to amend, alter, modify, delete or add to any of the provisions of theseTerms & Conditions Governing the Use of the TTCM CopyTrade Service at any time and at
our sole discretion, without giving any advance or prior notice.

16.2

When these Terms & Conditions Governing the Use of the TTCM CopyTrade Service aremodified (hereinafter referred to as “Changes”) we will post such Changes on our Website(s)and/or otherwise notify you of such Changes. Each such notification shall be deemed as
sufficient notice and it is your duty to consult and/or to check regularly these Terms &TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

Conditions Governing the Use of the TTCM CopyTrade Service on our Website(s) regarding
any such Changes. Therefore, you should review the relevant pages published on our
Website(s) from time to time so as to ensure that you will be aware of any such Changes.
16.3

All amended terms shall be effective five (5) calendar days after their initial posting on our
Website(s), or as of the first time that you access and/or use our Website(s) after such
amendments were made, whichever is sooner.

16.4

Your continued access and/or use of our Website(s) and/or, in particular, the TTCM
CopyTrade Service after the publication of any Changes shall be considered as youragreement to such modified terms and conditions and shall be governed by these Terms &Conditions Governing the Use of the TTCM CopyTrade Service, as modified.

16.5

IF YOU DO NOT WISH TO BE BOUND BY SUCH CHANGES, YOU SHOULD INFORM US INWRITING, IMMEDIATELY AND WE SHALL INFORM YOU IF, HOW, AND/OR WHETHER, YOU
MAY CONTINUE TO MAKE USE OF THE TTCM COPYTRADE SERVICE.

MOST RECENT VERSION OF THESE TERMS & CONDITIONS GOVERNINGTHE USE OF THE TTCM COPYTRADE SERVICE
17.1

This is the most recent version of these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service.

ENTIRE AGREEMENT - SEVERABILITY
18.1

These Terms & Conditions Governing the Use of the TTCM CopyTrade Service (together withthe annexes, appendices, addenda, attachments, schedules and exhibits and/or amendments
thereto and Basic Rules of Using the TTCM CopyTrade - Signals Distribution System)
represent the entire agreement between you and us concerning your access and/or use of
the TTCM CopyTrade Service and cancel and supersede all previous arrangements,
agreements, communications or understandings by and between you and us with respect tothe subject matter hereof, except as determined and/or stated otherwise "in the terms
agreed upon by mutual consent of the Parties".

18.2

Nothing contained in these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service shall be construed as requiring the commission of any act contrary to any Applicable
Laws, Rules and/or Regulations. Whenever there is any conflict and/or discrepancy between any
provision of these Terms & Conditions Governing the Use of the TTCM CopyTrade Service and any
present or future applicable statute, law, ordinance or regulation governing the transactions
hereunder, the latter shall prevail, but in such event the provision of these Terms

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

& Conditions Governing the Use of the TTCM CopyTrade Service thus affected shall becurtailed and limited only to the extent necessary to bring it within the requirements of any
such present or future applicable statute, law, ordinance or regulation governing thetransactions hereunder.
18.3

Each part of these Terms & Conditions Governing the Use of the TTCM CopyTrade Service is adistinct undertaking. In the event that any provision of these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service is held to be invalid, illegal or unenforceable in any
respect by a court of competent jurisdiction, such invalidity, illegality or unenforceability
shall not affect any other provision or part of a provision of these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, which shall remain in full force and effectand shall in no way be affected or invalidated.

18.4

With respect to the provisions of these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, which are held to be invalid or unenforceable, in whole or in part, thevoid provision will be replaced with a valid one that in its economic effect complies best withthe void provision in a manner consistent with the joint intention of the Parties hereto, as
expressed herein, and these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service shall, to the fullest extent lawful, be reformed and construed as if such invalid or
illegal or unenforceable provision, or part of a provision, had never been contained herein,and such provision or part reformed so that it would be valid, legal and enforceable to the
maximum extent possible.

18.5

Without limiting the foregoing, if any provision (or part of provision) contained in these Terms& Conditions Governing the Use of the TTCM CopyTrade Service shall for any reason be held
to be excessively broad as to duration, activity or subject, it shall be construed by limiting
and reducing it, so as to be enforceable to the fullest extent compatible with then existing
applicable law.

DEFINITIONS
19.1

For the purpose of these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service, unless the context otherwise requires, capitalized words and expressions shall havethe meanings assigned to them in the defined terms that are set forth in bold and italics: (A)hereinafter, under the heading “Definitions”; and/or (B) throughout these Terms &Conditions Governing the Use of the TTCM CopyTrade Service:
(1)

(2)

(3)

"Account" or “Subscriber Account”, when used in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, unless the context otherwise
requires, shall mean an account with Login and Password created by us for your useof the TTCM CopyTrade Service;"Additional Terms", when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall mean the terms
and conditions that apply to the use of the TTCM CopyTrade Service, which are
published or declared in addition to these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service;“Affiliate” of a company or Person, when used in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, unless the context otherwise
requires, shall mean any entity or Person that, directly or indirectly through one ormore intermediaries, controls, is controlled by or is under common control with suchcompany or Person; for purposes of this definition, the term “control” (including, with

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

correlative meaning, the terms “controlled by” and “under common control with”),
as used with respect to a company or Person in these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service, shall mean the possession, directly or
indirectly through one or more intermediaries, of the power to direct or cause thedirection of management policies of such company or Person, whether throughownership of voting securities or otherwise;(4)“Agent”, when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean an individual
Person or legal entity undertaking a transaction on behalf of another individual
Person or legal entity, but in that represented Person or legal entity’s own name;(5)“Agreement” or “our Agreement”, when used in these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service, unless the context otherwise requires, shallthe meaning given to it in Section 3 of these Terms & Conditions Governing the Useof the TTCM CopyTrade Service & Conditions, as the same may be in force fromtime to time and modified or amended from time to time;(6)“Applicable Laws, Rules and Regulations”, when used in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, unless the context otherwise
requires, shall mean, collectively, the Proceeds of Crime Act 1997 (as amended) (the“Act”), the Proceeds of Crime (Anti‐Money Laundering and Anti‐Terrorist Financing)
Regulations 2008 (the “Regulations”), the Companies Act 1981 as well as any otherrule or regulation of a relevant governmental and/or regulatory authority, the rulesof any relevant investment exchange and/or any other relevant applicable local,
state, federal and international laws, rules and regulations of the countries,
jurisdictions in which either one of the Parties is residing, or, in the case of a Legal
Entity is formed, incorporated, domiciliation and/or doing business, as the same may
be in force from time to time and modified or amended from time to time;(7)“Associate(s)”, when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean an undertaking inthe same corporate group as us, a Representative whom we or an undertaking in thesame group as us may appoint, or any other Person with whom we have arelationship that might reasonably be expected to give rise to a community ofinterest between us and them;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(9)“Associated Company”, when used in these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service, unless the context otherwise requires, shall mean, in
respect to the Company, the Company’s subsidiaries or holding companies or
subsidiaries of such holding companies, which, directly or indirectly through one ormore intermediaries, controls, is controlled by or is under common control with theCompany; for purposes of this definition, the term “control” (including, withcorrelative meaning, the terms “controlled by” and “under common control with”),
as used with respect to an Associated Company, shall mean the possession, directly or
indirectly through one or more intermediaries, of the power to direct or cause thedirection of management policies of such Associated Company, whether throughownership of voting securities or otherwise;(10)“Business Day”, when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall mean any
calendar day (except any Saturday or Sunday) calendar day, beginning at 00:00 GMT 4 and ending at 23:59 GMT + 11-4, on which banks in Bermuda are open for business;(11)“Client’ or “Subscriber”, when used in these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service, unless the context otherwise requires, shall mean “you” or“your” and, in more general terms, any Person who has submitted to us all required
TTCM CopyTrade Account Opening Application Form(s), Client Profile and ancillary
documentation - including in each instance, without limitation, an original certified
unexpired government-issued identification evidencing nationality, residence andbearing a photograph (e.g., driver’s license, passport, Government residency card, orsimilar identification), and a valid recent official utility (water, gas, electricity, etc.) bill
showing name and address, as required under any relevant “Anti-Money Laundering(“AML”) & Know Your Customer (“KYC”) Legislation”, obligations and/or procedures
applicable to us, and whom and whom we accept as a Client for the provision of the TTCM
CopyTrade Service accordance with these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, in the manner set forth herein, and, where applicable, their
duly authorised representatives, legal personal representatives and successors;(12)“Client Classification” or “Client Categorization”, when used in in these Terms &Conditions Governing the Use of the TTCM CopyTrade Service, unless the context
otherwise requires, shall mean our overall, product-, or transaction specificclassification/categorization of Clients;(13)“Client Profile”, when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall mean thesigned Client Profile Documentation that is attached to or included in the TTCM
CopyTrade Account Opening Application Form(s), which you submit for the purposeof becoming a Client of us in regard to the provision of the TTCM CopyTrade Service;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(14)“Commission, Charges & Margin Schedule”, when used in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, unless the context otherwise
requires, shall mean the schedule of commissions, charges, Margin, interest andother rates which at any time may be applicable to our Services as determined by us
on a current basis; the Commission, Charges & Margin Schedule is available on our
Online Trading Facility and may be supplied separately on demand;“Conflicts of Interest Management Policy”, when used in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, unless the context otherwise
requires, shall mean our prevailing policy regarding conflicts of interest, which isposted on our Online Trading Facility and may be supplied separately on demand; ourConflicts of Interest Management Policy is a policy only, it is not part of our Terms andConditions of Business and is not intended to be contractually binding or impose or
seek to impose any obligations on us.

(15)“Contract”, when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean any contract,whether oral or written, for the purchase or sale of any commodity, security,
currency or any other Financial Instrument or property, including, without limitation,
any derivative contracts, such as CFDs, Spot Forex or other transactions related
thereto, entered into by and between us and our Client(s) and/or by us for and on
behalf of our Client(s);(16)“Deposit(s)", when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean the funds
deposited and/or transferred by Clients into their Account(s) with us;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(21)“Effective Date”, when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall mean the dateon which these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service enter into effect, as indicated on the confirmation e-mail sent by us to a
Client, indicating that such Client’s TTCM CopyTrade Account Opening Application
Form(s) has/have been accepted;(22)“Electronic Messaging”, when used in these Terms & Conditions Governing the Useof the TTCM CopyTrade Service, unless the context otherwise requires, shall mean
any form of electronic communication we use to communicate with our Clients about
our Online Trading Facility (including, without limitation, with reference to any
Transaction(s) or Contract(s) entered into via our Online Trading Facility), including,but not limited to, electronic mail, whether or not within the framework of our Online
Trading Facility itself and/or within the Online Trading Facility’s mailbox(es);The following transactions or services can be executed without complying with therules on conduct of business, best execution or Client Order handling:a. execution of Orders, and related ancillary service;b. reception and transmission of Orders, and related ancillary services;c. portfolio management;
d. safekeeping and administration of financial instruments, including custodianshipand related services;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(23)“Equity”, when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean the “value” of an
Account at the present time; it is calculated by taking the total value of all open positions
relating to the Transactions and/or Contracts generated through the Account, increased
with all ‘Floating Profit/Loss’, and adding that value to the AccountBalance;(24)“Exceptional Market Event”, when used in these Terms & Conditions Governing theUse of the TTCM CopyTrade Service, unless the context otherwise requires, shallmean the suspension, closure, liquidation, imposition of limits, special or unusual
terms, excessive movement, volatility or loss of liquidity in any relevant Market or
Underlying Instrument, or where we reasonably believe that any of the above
circumstances are about to occur;(25)"Execution of Orders” on behalf of Clients, when used in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, unless the context otherwise
requires, shall mean acting to conclude agreements to buy or sell one or moreFinancial Instruments on behalf of Clients;(26)“Financial Instrument(s)”, when used in these Terms & Conditions Governing the Useof the TTCM CopyTrade Service, unless the context otherwise requires, shall mean
any of the instruments,which provides for the provision of investment services, theexercise of investment activities, the operation of regulated markets and other related
matters, as the same may be modified and amended from time to time, and/or suchother investments instruments that may be offered for trading on or through our
Online Trading Facility;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(28)“Force Majeure Event”, when used in these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service, unless the context otherwise requires, shall mean any
breakdown or failure of any transmission or communication system or equipment orcomputer facility or trading software, whether belonging to us or to any of our
Associated Companies, the Client, any Market, or any settlement or clearing system
when the Client trades online (via Internet) or for any cause preventing us fromperforming any or all our obligations, any act of God, war, terrorism, malicious
damage, civil commotion, industrial acts, any Exceptional Market Event, or acts andregulations of any governmental or supra national bodies or authorities which in our
reasonable opinion prevent an orderly market in relation to the Client’s Orders;(29)“Instruction(s)”, when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall mean dealing
instructions and/or Orders given to us electronically via our Online Trading Facility;
we may, at our sole discretion (but shall under no circumstances be obliged to do so)
accept instructions from you in writing (including fax), by e-mail or other electronicmeans, or orally (including by telephone), or as otherwise notified to you in writing;(30)"Intellectual Property Rights", when used in these Terms & Conditions Governing the Useof the TTCM CopyTrade Service, unless the context otherwise requires, shall mean
patents, patent applications, designs, trademarks and trade names (registered andunregistered), copyrights and other similar rights, database rights, technology, know-how
and confidential information, all other intellectual property rights and similar or
equivalent rights anywhere in the world that exist now or may exist in the future, as well
as applications, alterations and amendments to any of the above rights;(31)"Investment Services" and/or “Investment Activities”, when used in these Terms &Conditions Governing the Use of the TTCM CopyTrade Service, unless the context
otherwise requires, shall mean any of the services and activities, respectively,, which
provides for the provision of investment services, the exercise of investment activities,
the operation of regulated markets and other related matters, as the same may be
modified and amended from time to time, relating to any of the financial instruments, which provides for the provision of investment services, the exercise of investment
activities, the operation of regulated markets and other related matters, as the same
may be modified and amended from time to time;(32)"Login", when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean an identification
code which, in combination with the Password, gives a Client access to his/her Account;(33)"Loss" and "Losses", when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall mean all loss orlosses, claims, costs, reasonable expenses, damages and liabilities;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(34)"Mandate", when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean a mandate
provided by an organisation such as an incorporated company, unincorporated club,society, trust, charity or association or such other organisation as we may permit
from time to time, appointing person(s) to represent such organisation in connection
with the provision of the TTCM CopyTrade Service;(35)“Margined Transaction”, when used in these Terms & Conditions Governing the Useof the TTCM CopyTrade Service, unless the context otherwise requires, shall mean
any Transaction and/or Contract liable to Margin, opened and maintained as basedon a Margin deposit, as opposed to a Transaction and/or Contract opened andmaintained as based on a purchase price;(36)“Market”, when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean any regulated
market, or multilateral trading facility subject to government or state regulation withestablished trading rules and trading hours on which Underlying Instruments arebeing traded, including without limitation a Regulated Market and a Multilateral
Trading Facility;(37)“Market Disruption”, when used in these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service, unless the context otherwise requires, shall mean, withrespect to any Financial Instrument, the occurrence of any event or condition whichin our good faith opinion has a (a) material influence on the liquidity of, or volatility ofthe buy and/or sell prices of the relevant Underlying Instrument; (b) material
influence on the settlement of transactions in relevant Underlying Instruments and,
therefore, on the settlement of related Financial Instruments; or (c) impairs ourability to provide Price Quotes which reflect the supply and demand for relevant
Financial Instrument, due to the fact that the settlement of the relevant Underlying
Instruments is impaired; Market Disruption shall include but not be limited to, theimposition by any government authority, central bank or multinational organizationof material restrictions or limitations on the trading, transfer or settlement oftransactions in any Underlying Instrument(s) (such as, the imposition of pricecontrols, currency exchange controls, mandatory exchange rates with respect to aparticular Underlying Instrument), which have or may have a material influence on
the settlement of Transactions and/or Contracts in related Financial Instruments;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(39)"Money-market Instrument(s)", when used in these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service, unless the context otherwise requires, shallmean those classes of instruments which are normally dealt in on the money market,
such as treasury bills, certificates of deposit and commercial papers, excluding
instruments of payment;(40)"Multilateral Trading Facility" or "MTF", when used in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, unless the context otherwise
requires, shall mean a multilateral system operated by an Investment Firm or Market
Operator, which brings together or facilitates the bringing together of multiple thirdparty buying and selling interests in financial instruments - in the system and inaccordance with its nondiscretionary rules - in a way that results in a Contract and/orTransaction in relation to one or more Financial Instruments; for the purposes hereof,
the term “Market Operator” or “Operator” shall mean means a legal person thatmanages and/or operates the business of a regulated market, and includes theregulated market itself;(41)“Order” when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean a Client’s Order toenter into a Transaction and/or Contract in respect of a particular Financial Instrument
offered by the us from time to time, at a price quoted by us as appropriate, on conditions
stipulated in the Order; by default, an Order is unlimited (“GTC – Good Till Cancel”), but
we and/or the Client may define the time of expiration of the Order; basic types of Order
include the following: (a) a “Market Order” which is an Order instantly executed against a
price that we have provided via our Online Trading Facility; the following features may be
attached to a ‘Market Order’: (i) ‘Stop Loss’ (an Order to close a previously opened
position at a price less profitable than the price at the time of placing the Order) is an
Order to limit losses, whereas (ii) ‘Take Profit’ (an Order to close a previously opened
position at a price more profitable than the price at the time of placing the Order) is an
Order to limit profits; and (b) a “Pending Order”, which is an Order to be executed at alater time at the price specified in the Order; we will monitor a ‘Pending Order’ and when
the price provided by us reaches the price specified in the Order, the Order will be
executed at that price; the following types ofPending Orders are available: (i) ‘Buy Limit’ (an Order to purchase a Financial
Instrument at or below a specified price), (ii) ‘Buy Stop’ (an Order to buy a Financial
Instrument, which is entered at a price above the current offering price; it is triggered
when the market price touches or goes through the buy stop price); (iii) ‘Sell Limit’ (anOrder to sell a Financial Instrument at a specified price or better); and (iv) ‘Sell Stop’(an Order to sell a Financial Instrument when it reaches a certain price); the following
features may also be attached to any ‘Pending Order’: (i) ‘Stop Loss’ and/or (ii) ‘Take
Profit’;(42)“Order Execution Policy” when used in these Terms & Conditions Governing the Useof the TTCM CopyTrade Service, unless the context otherwise requires, shall mean
our prevailing policy posted on our Online Trading Facility regarding best execution
when executing Client Orders; our Order Execution Policy is not part of our Terms andConditions of Business, but shall nonetheless be applicable to all Transactions entered

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

into by our Clients via our Online Trading Platform, provided, however, that it does
not impose and/or does not seek to impose any obligations on us which we would nototherwise have.;(43)“Over-the-Counter” or “OTC”, when used in these Terms & Conditions Governing theUse of the TTCM CopyTrade Service, unless the context otherwise requires, shall referto ‘Over-the-Counter’ trading (not on a regulated “exchange”, or “off-exchange”); any
Transaction and/or Contract concerning a commodity, security, currency or otherfinancial instrument or property, including any option, future, or CFD, which is NOT
traded on a regulated stock or commodity exchange, but is traded “over-thecounter”, as described hereinabove, or otherwise;(44)“Party”, when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall refer to us and/or our
Client(s), as the case may be, as it appears from the context in which this term is usedin these Terms & Conditions Governing the Use of the TTCM CopyTrade Service; weand our Client(s) may, collectively, be referred to in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service as the “Parties”;(45)"Password", when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean a code selectedby a Client, which, in combination with the Login, gives that Client access to his/her
Account;(46)“Person”, when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean an individual,
corporation, partnership, trustee, trust, regulatory body or agency, government or
governmental agency or entity (however designated or constituted), or any
unincorporated organization;(47)"Portfolio", when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean the assets
within your Account in respect of which we provide the TTCM CopyTrade Service
which may comprise (without limitation) cash deposits and, if expressly agreed uponby us in writing, subscription warrants, shares, debentures loan and convertible stock;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(49)"Portfolio Management Service(s)", when used in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, unless the context otherwise
requires, shall mean the Portfolio Management Service(s) offered by Traders Trustunder and in accordance with its Portfolio Management License, as defined in further
detail in our Terms and Conditions for Portfolio Management Services;(50)“Regulated Market”, when used in these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service, unless the context otherwise requires, shall mean amultilateral trading system operated by a market operator in the EEA that brings
together multiple third party buying and selling interests in financial instruments
where the instruments traded are admitted to the Market according to its rules andsystems;(51)“Representative(s)”, when used in these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service, unless the context otherwise requires, shall mean
directors, officers, employees, lawyers, advisers, agents, licensees or other authorized
representatives;(52)"Securities", when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean the non-cash
Assets in your Account, where applicable;(53)“Security”, when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean any cash,
securities or other Assets deposited with the Company by way of Collateral;(54)“Service Provider”, when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall mean a person
or firm who provides a third party service to the Client which is compatible with orenhances our Services, and who is not an agent of us;(55)“Services”, when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean the services tobe provided by us to our Client(s) construed by these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service; the term “Services” shall be inclusive of any
dealing, Order routing, advisory or other services, which we provide from time totime to our Client’s by remote access to our Online Trading Facility via the Internet
and which are subject to these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service;(56)"Signals Provider", when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall mean any
Client registered with Traders Trust as a provider of Trading Signals and allowed to
distribute Trading Signals in accordance with our Terms & Conditions Governing theDistribution of Trading Signals to the TTCM CopyTrade Service.

(57)"Spot” or “Spot Basis", when used in these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service, unless the context otherwise requires, shall mean cash
settlement being two (2) Business Days from the deal date;(58)"Statement", when used in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service, unless the context otherwise requires, shall mean a periodic
statement distributed to Clients to provide them with information regarding their
Account, including the performance of their Account and/or Portfolio;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(59)"Subscriber" or “Client”, when used in these Terms & Conditions Governing the Useof the TTCM CopyTrade Service, unless the context otherwise requires, shall meaneach Client that has subscribed to, and has been given permission to use, the TTCM
CopyTrade Service in accordance with the terms and conditions as set forth herein;(60)“TTCM CopyTrade Account Opening Application Form(s)”, when used in these Terms& Conditions Governing the Use of the TTCM CopyTrade Service, unless the context
otherwise requires, shall mean the account opening documentation and forms posted
on our Online Trading Facility, which need to be downloaded, completed andreturned to us by prospective Clients for the purpose of opening a TTCM CopyTrade
Account.; with us; we reserve the right to refuse and/or decline any account opening
application(s), at our sole discretion and for any reason, without being obliged toprovide any explanation or justification;(61)"Termination", when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall meantermination of these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service and a Client’s Account;(62)“Terms” or “Terms and Conditions”, when used in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, unless the context otherwise
requires, shall mean these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service;(63)"Trademark(s)", when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall mean
trademark and service mark names, logos, domain names and other distinctive
features of trademarks of their respective owners (or license holders).

(64)“Traders Trust” or “we” or “our” or “us”, when used in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, unless the context otherwise
requires, shall mean our Online Trading Facility and its operator, ‘TTCM CapitalMarkets Limited’, (herein after “TTCM” or “the Company”) is a limited liability
Company, incorporated in Bermuda under section 14 and 6/132C(1) of the Companies
Act 1981 and registered with the Registrar of Companies under Company number
54135;(65)"Trading Signal", when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall mean an act ofperforming a buy or sell Transaction generated in the Signal Provider's trading
Account;(66)“Transaction”, when used in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, unless the context otherwise requires, shall mean anytransaction or contract in a financial instrument or any other contractual
arrangement entered into by a Client via our Online Trading Platform, including,
without limitation, a Margined Transaction as defined in these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, and shall include, without
limitation: (a) transactions in Supported Financial Instruments (including, without
limitation, contracts for differences, spot or forward contracts of any kind in relation
to any commodity, metal, financial instrument (including any security), currency,
interest rate, index or any combination thereof); (b) transactions, which are matchedwith any such Supported financial Instruments (including, without limitation,
contracts for differences, spot or forward contracts of any kind in relation to any
commodity, metal, financial instrument (including any security), currency, interest
rate, index or any combination thereof); and/or (c) any other transaction which weboth agree, in these Terms & Conditions Governing the Use of the TTCM CopyTrade

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

Service, or otherwise "in the terms agreed upon by mutual consent of the Parties",shall be a Transaction;(67)"Transferable Securities", when used in these Terms & Conditions Governing the Useof the TTCM CopyTrade Service, unless the context otherwise requires, shall mean
those classes of securities which are negotiable on the capital market, with the
exception of instruments of payment, such as:•

shares in companies and other securities equivalent to shares in companies, partnerships andother entities, and depositary receipts in respect of shares;•

bonds or other forms of securitised debt, including depositary receipts in respect of suchsecurities,•

any other securities giving the right to acquire or sell any such transferable securities or giving
rise to a cash settlement determined by reference to securities, currencies, interest rates oryields, commodities or other indices or measures;(68)“the TTCM CopyTrade Service”, when used in these Terms & Conditions Governing
the

(69)

Use of the TTCM CopyTrade Service, unless the context otherwise requires, shallmean a service offered by the Company via a software application that is designed totechnically implement and automate copying processes occurring between (i) a
Master(70)

MT4 account, which is opened and operated via the Company’s MT4 trading platformby a third party Signal Provider and which sends trades and orders (trading Signals),and (ii) one or more Slave MT4 accounts, which are opened and operated via the(71)

Company’s MT4 trading platform by one or more third party Signal Subscribers andwhich are receiving the trades and orders (trading Signals) from the third party Signal
Provider’s Master MT4 account; the TTCM Copytrade Service is an auto-trading
system, whereby the Master MT4 account and the Slave MT4 account(s)communicate all the time and synchronize all settings and data in real time (copying
the trades and movements from the Master MT4 account to the Slave MT4
account(s)); the Company’s MT4 trading platform receives Trading Signals from thethird party Signal provider’s Master MT4 account; once the Trading Signal is received,
the Company validates the Trading Signal only for the purpose of confirming whether
it is consistent with the third party Signal Subscriber’s Slave MT4 account settings andpreferences. If the signal is accepted, the Company sends the trading signal to thethird party Signal Subscriber’s Slave MT4 account for execution;(72)“the TTCM Website(s)” or “TTCM’ Website(s)” or our “Website(s)”, when used in
these

(73)

Terms & Conditions Governing the Use of the TTCM CopyTrade Service, unless thecontext otherwise requires, shall mean all Website(s), which is/are privately labelled,
owned and hosted by us, and which is/are designed to attract and solicit and obtain
online registrations from prospective, new Clients that are interested in OTC
Transactions and/or Contracts, and its related pages, including, without limitation,
the Website;(74)

Underlying Instrument”, when used in these Terms & Conditions Governing the Useof the TTCM CopyTrade Service, unless the context otherwise requires, shall mean theindex, commodity, currency, Securities or other instruments, Asset or factor whose
price or value provides the basis for us or any third party to determine its price or the
executable price for a Market or Product;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

INTERPRETATION
20.1

Any reference in these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service and the annexes, appendices, addenda, attachments, schedules and exhibits
attached hereto, to a document being "in the terms agreed upon by mutual consent of theParties" shall mean, unless the context otherwise requires, that document in the terms
mutually agreed upon by and between the Parties and for the purposes of identification anddocumentation thereof signed by each of the Parties, or such other terms as may be agreed
upon by mutual agreement of the Parties and executed by each of the Parties in writing insubstitution therefor.

20.2

In these Terms & Conditions Governing the Use of the TTCM CopyTrade Service and its
annexes, appendices, addenda, attachments, schedules and exhibits, unless the context
otherwise requires, references to any provision shall include such provision as from time totime amended, whether before, or on (in the case only of re-enactment or consolidation
without substantive amendment) after the Effective Date, and shall be deemed to include
provisions of earlier legislation which have been re-enacted (with or without modification) or
replaced (directly or indirectly) by such provision, and shall further include all statutory
instruments or Orders from time to time made pursuant thereto.

20.3

In these Terms & Conditions Governing the Use of the TTCM CopyTrade Service and its annexes,
appendices, addenda, attachments, schedules and exhibits, unless the context otherwise
requires: (a) the masculine gender shall include the feminine and neuter and the singular number
shall include the plural and vice versa; (b) references to persons shall include individuals, bodies’
corporate, un-incorporated associations and partnerships; (c) the headings are inserted forconvenience only and shall not affect the construction and interpretation of these Terms &Conditions Governing the Use of the TTCM CopyTrade Service;(d) references to recitals, clauses and annexes, schedules and exhibits and any subdivisions
thereof, unless a contrary intention appears, shall be to the recitals, clauses and annexes,
schedules and exhibits and subdivisions of these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service.

20.4

The annexes, appendices, addenda, attachments, schedules and exhibits and the Pre-amble
and Recitals set forth hereinabove form an integral part of these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service and shall be construed as having the samefull force and effect as if they would be expressly set forth in the body of these Terms &Conditions Governing the Use of the TTCM CopyTrade Service.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

20.5

Unless the context otherwise requires, any reference in these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service to a “document” shall be construed to include any‘electronic’ document.

20.6

Where any form of the word “including” appears in these Terms & Conditions Governing theUse of the TTCM CopyTrade Service, it will be interpreted as if followed by the phrase“without limitation”, unless the context requires otherwise.

20.7

Where any of the words “purchase” and/or “sale” and/or “buy” and/or “sell” appear in theseTerms & Conditions Governing the Use of the TTCM CopyTrade Service, unless the context
otherwise requires, they will be read and construed as technical terms only, as these Terms& Conditions Governing the Use of the TTCM CopyTrade Service does not envisage thetransfer of title to any Financial Instruments (“delivery”) traded hereunder.

20.8

Whenever reference is made in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service to ‘we’ or ‘us’ or ‘our’, such reference shall be deemed to include, whereappropriate, unless the context requires otherwise, to our directors, officers, shareholders,
partners, members, employees, Agents, Third Party Service Providers, Representatives and/orAffiliates (together our “Associates”).

CHAPTER C: USE OF THE TTCM COPYTRADE SERVICESCOPE OF THE TTCM COPYTRADE SERVICE/CLIENT PROFILEA.

LICENSEWe are authorized and regulated as a limited liability Company, incorporated in Bermuda
under section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrarof Companies under Company number 54135. The Company is allowed to provide thefollowing investment services (“Services”):

i.

Reception and transmission of orders in relation to one or more financial
instruments;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

ii.
iii.
21.2

Execution of orders on behalf of Clients;
Portfolio Management;

Financial Instruments: The Company provides its Services in respect of the following
financial instruments (“Financial Instruments”):
a. Transferable securities;
b. Money-market instruments;c. Units in collective investment undertakings;
d. Options, futures, swaps, forward rate agreements and any other derivative contracts
relating to securities, currencies, interest rates or yields, or other derivatives
instruments, financial indices or financial measures which may be settled physicallyor in cash;e. Options, futures, swaps, forward rate agreements and any other derivative contracts
relating to commodities that must be settled in cash or may be settled in cash at theoption of one of the parties (otherwise than by reason of a default or othertermination event);f.

Options, futures, swaps, and any other derivative contract relating to commodities
that can be physically settled provided that they are traded on a regulated market
or/and an MTF;

g. Options, futures, swaps, forwards and any other derivative contracts relating tocommodities, that can be physically settled not otherwise mentioned in paragraph 6part III of the Law and not being for commercial purpose, which have thecharacteristics of other derivative financial instrument, having regard to whether,inter alia, they are cleared and settled through recognized clearing houses or are
subject to regular margin calls;h. Derivative instruments for the transfer of credit risk;i.

Financial contracts for differences;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

j.

Options, futures, swaps, forward rate agreements and any other derivative contracts
relating to climatic variables, freight rates, emission allowance, may be settled in cash at
the option of one of the parties(otherwise than by reason of a default or othertermination event),as well as any other derivative contract relating to Assets ,rights,
obligations, indices and measures not otherwise mentioned in this part, which have thecharacteristics of other derivative financial instruments, having regard to whether, interalia, they are traded on a regulated market or an MTF, are cleared and settled throughrecognized clearing houses or are subject to regular margin calls.

21.3

The TTCM CopyTrade Service is provided to you under our Portfolio Management service.

B.

THE TTCM COPYTRADE SERVICE WE PROVIDE TO YOU/CLIENT PROFILE

21.4

Retention to provide the TTCM CopyTrade Service: Subject to the terms and conditions set
forth herein, (a) by downloading, completing and/or submitting to us the ‘TTCM CopyTrade
Account Opening Application Form(s)’ and the ‘Client Profile’ posted in the TTCM CopyTradesection on our Website(s) and/or (b) by clicking in the appropriate space, or on the “I Accept”
button, or similar buttons or links as may be designated by us to show your approval andacceptance of these Terms & Conditions Governing the Use of the TTCM CopyTrade Service,
you hereby retain us and, we hereby agree, to provide the TTCM CopyTrade Service you, inaccordance with the terms and conditions set forth herein.

21.5

Investment Objectives: Your investment objectives must be set out in in the Client Profile,which must be completed and signed by you and us before we can provide you with the
TTCM CopyTrade Service. The ‘TTCM CopyTrade Account Opening Application Form(s)’,together with the ‘Client Profile Documentation’ included therein (hereinafter the “Client
Profile”), provide us with an indication of whether the TTCM CopyTrade Service we may beproviding to you under these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service, is suitable for you. Please bear in mind, however, that investment objectives are justthat (objectives). Although we will exercise reasonable skill, care and diligence in attempting
to achieve your investment objectives, our selection of investments, changes in their value ormarket conditions generally may prevent or hinder us from achieving the objective. Past
performance is no guarantee of future performance.

21.6

Suitability: Where we provide the TTCM CopyTrade Service to you (see further below), we
will only do this having ascertained that the relevant services and/or products suitable foryour needs. This assessment will take into account your knowledge and experience of thetype of relevant service and/or product, as well as your investment objectives and the levelof risk suitable to your Portfolio, based on the information provided by you in your Client
Profile. If the Client is a company, the company can designate the directors or the ultimate
beneficial owner(s) as the person(s) to be assessed for knowledge and experience.

21.7

Suitability Test: We shall evaluate the TTCM CopyTrade Account Opening Application
Form(s) and Client Profile you submitted for the purpose of becoming a Client of us in regard
to the provision of the TTCM CopyTrade Service and shall inform you by e-mail whether yourapplication is accepted or not. We reserve the right to refuse and/or decline your

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

application(s), at our sole discretion and for any reason, without being obliged to provide
you with any explanation or justification.
21.8

Binding Effect: These Terms & Conditions Governing the Use of the TTCM CopyTrade Service are
not binding on us without your Client Profile duly completed, executed and attached. Without
prejudice to the provisions of Section 8.1 hereinabove, in particular as regards your acceptanceand acknowledgement of these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service, we will become a counterparty bound to these Terms & Conditions Governing the Useof the TTCM CopyTrade Service, and these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service will become binding on us, only as of the date on which we are sending theabove-mentioned confirmation e-mail, as indicated therein (the“Effective Date”).

21.9

Investment placed under Management: Your Client Profile must also contain the details of
the Financial Instruments in which you are prepared to invest, and any markets on which you
are prepared to invest (“Selected financial Instruments”), as well as the details of any typesof or particular Financial Instruments in which you are not prepared to invest, and any
markets on which you are not prepared to invest. We must also be advised of any limit
imposed on the amount of any one transaction or a series of related transactions; or theabsolute value of any one investment held in your Portfolio; or the percentage value that
one investment or class of investments may form of your Portfolio. In the absence of any
such instructions, it is accepted that no such restrictions have been imposed.

21.10 Scope of the TTCM CopyTrade Service: The TTCM CopyTrade Service we provide to you
under these Terms & Conditions Governing the Use of the TTCM CopyTrade Service consists
exclusively of the Execution of Orders on your behalf, all as described in further detailhereinafter.
21.11

UNLESS EXPRESSLY OTHERWISE AGREED BY AND BETWEEN US IN YOUR CLIENT PROFILE, WE
DO NOT PROVIDE INVESTMENT ADVISORY SERVICES TO OUR CLIENTS.

21.12 Amendments of you Client Profile: You agree to let us know in writing if you want to change
our instructions and to advise us of material changes to the information provided to us
concerning your personal and financial circumstances which might reasonably be considered
to affect our assessment of the suitability of investments held by, or to be purchased for,you. Incomplete or insufficient personal and/or financial information may affect the qualityof the Service or Services we can provide and in certain circumstances, may delay thecommencement of that Service or those Services. Any such changes to the investment
objectives or any instructions, as to which changes you and we have agreed in writing, will
be considered amendments or supplements to your Client Profile.

USE OF THE TTCM COPYTRADE SERVICE
22.1

You agree to provide accurate and complete information when you register on, and as youuse, the TTCM CopyTrade Service, and you agree to update your registration data to keepthem accurate and complete. You agree that we may store and use the registration data you

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

provide for maintaining your Account and performing our obligations under these Terms &Conditions Governing the Use of the TTCM CopyTrade Service.
22.2

You agree that we may, at our sole discretion and without prior notice, suspend or terminate
the provision of the TTCM CopyTrade Service (or its functions) to you personally or to all
Subscribers.

22.3

We may engage the services of consultants and other contractors in connection with theperformance of obligations and exercise of rights under these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service, provided that such consultants and contractors will
be bound by the same obligations as us.

22.4

We may find that a Trading Signal distributed via the TTCM CopyTrade Service violates theseTerms & Conditions Governing the Use of the TTCM CopyTrade Service or other legal
agreements, third party rights, laws, rules and regulations. You agree that in this case we
reserve the right to discontinue the transmission of such Trading Signal via the TTCM
CopyTrade Service, at our sole discretion and/or as required by the relevant government
authorities.

22.5

You agree to use the TTCM CopyTrade Service only for purposes that are permitted by (a)these Terms & Conditions Governing the Use of the TTCM CopyTrade Service, and (b) any
applicable law, regulation or generally accepted practices or guidelines in the relevant
jurisdictions. You agree to comply with all local laws and regulations regarding the download,
installation and/or use of the TTCM Copytrade Service and/or any Trading Signals distributed
via the TTCM CopyTrade Service.

22.6

You agree not to use the TTCM CopyTrade Service by any means other than through theinterface(s) that is/are provided by us, unless you have been specifically allowed to do so in a
separate agreement with us. You specifically agree not to access the TTCM CopyTrade Service
through any automated means, including use of scripts, crawlers, or similar technologies.

22.7

You agree that you will not engage in any activity that interferes with or disrupts theoperation of the TTCM CopyTrade Service (as well as the servers and networks which service
the TTCM CopyTrade Service). You agree not to use the Trading Signals distributed via the
TTCM CopyTrade Service, for purposes that may interfere with or disrupt the operation of
our servers, networks or any Website(s) controlled by us or any third party.

22.8

You agree that you will not reproduce, duplicate, copy, sell, trade or resell the content of the
TTCM CopyTrade Service and/or any Trading Signals distributed via the TTCM CopyTrade
Service, unless you have been specifically permitted to do so in a separate agreement us.

22.9

You agree that you are solely responsible for, and that we have no responsibility to you or to
any third party for, your use of the TTCM CopyTrade Service and any Trading Signals
distributed via the TTCM CopyTrade Service, any breach of your obligations under theseTerms & Conditions Governing the Use of the TTCM CopyTrade Service, and for theconsequences of any such breach (including any loss or damage of any kind which we or any
third party may suffer).

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

22.10 You agree to comply with any and all applicable tax laws, including the reporting andpayment of any taxes arising in connection with your use of the TTCM CopyTrade Service
and/or your subscriptions to any Trading Signals distributed via the TTCM CopyTrade Service,and that the reporting and payment of any such applicable taxes are your sole responsibility.
22.11 We reserve the right (but shall have no obligation) to pre-screen, review, flag, filter, modify,
refuse or remove any Trading Signals from the TTCM CopyTrade Service. However, you agree
that by using the TTCM CopyTrade Service You may be exposed to materials or Trading
Signals that you may find illegal, offensive, indecent or objectionable and you agree that you
use the TTCM CopyTrade Service entirely at your own risk. While we may carry out a formal
check of any Trading Signals distributed via the TTCM Copytrade Service, we are under noobligation whatsoever to do so.
22.12

You agree that we and/or, as the case may be, our Affiliates own all right, title and interest in andto the TTCM CopyTrade Service. You agree that we have all the appropriate rights and licenses
for the distribution of Subscriptions to Trading Signals via the TTCM CopyTrade Service, which areprovided by any relevant Signal Providers or other copyright holders. You agree that you will not,and will not allow any third party to, (i) copy, sell, license, distribute, transfer, modify, adapt,translate, prepare derivative works from, decompile, reverse engineer, disassemble or otherwise
perform illegal acts in relation to any Trading Signals distributed via the TTCM CopyTrade Service,unless otherwise permitted, (ii) take any action to circumvent or defeat the security or content
usage rules provided, deployed or enforced by any functionality (including without limitation
digital rights management or forward-lock functionality) in any Trading Signals distributed via the
TTCM CopyTrade Service, (iii) use any Trading Signals distributed via the TTCM CopyTrade Service
to access, copy, transfer, transcode or retransmit content in violation of any law or third party
rights, or (iv) remove, obscure, or alter copyright any of our notices, trademarks, or otherproprietary rights notices, or any notices, trademarks, or other proprietary rights notices of athird party, affixed to or contained within any Trading Signals distributed via the TTCM CopyTrade
Service.

22.13 All rights to Trademarks, as well as property rights and titles, including but not limited to any
and all rights to intellectual property are the property of their respective owners or license
holders. Except as otherwise provided in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, neither Party grants to the other Party any right, title or interest(including, but not limited to, any implied licenses) in or to Trademarks. Nothing in theseTerms & Conditions Governing the Use of the TTCM CopyTrade Service gives you a right touse any trade names, trademarks, service marks, logos, domain names, and other distinctive
brand features of any Signal Provider and/or of Traders Trust.
22.14 For purposes of marketing the TTCM CopyTrade Service, we and our Affiliates may include
Signal Provider Brand Features, submitted by Signal Providers to us: (i) within the TTCM
CopyTrade Service; (ii) in online or mobile communications outside the TTCM CopyTrade
Service when mentioned along with other services or products offered by us; (iii) when
making announcements of the availability of Trading Signals online or on mobile devices; (iv)in presentations; and (v) in customer lists which appear either online or on mobile devices(including, without limitation, customer lists posted on our Website(s). If a Signal Provider

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

discontinues transmission of a Trading Signal via the TTCM CopyTrade Service, we will cease
the use of the discontinued Trading Signal's Brand Features for such marketing purposes.
22.15 ** NOTE: One of the key indicators we display in order to attempt to limit the risk of agiven strategy is the “ Maximum loss”; it measures the decline in the value of the realized
and unrealized losses in the portfolio: when the “Maximum loss” in the portfolio isreached, all positions in the portfolio will be closed and trading in the portfolio will besuspended in order to preserve the agreed upon minimum level of equity in the Account;
we do not guarantee, however, that the agreed upon minimum level of equity in the
Account will be preserved, even if the “Maximum loss” is met and it can, therefore, not be
excluded that the funds in the Account will be entirely depleted before the occurrence ofany meaningful profit accumulation, regardless of whether the “Maximum loss” is met.

SUBSCRIPTION TO THE TTCM COPYTRADE SERVICE
23.1

We are offering you a Subscription to Trading Signals distributed via the TTCM CopyTrade
Service, but the Trading Signals made available via the TTCM CopyTrade Service are not soldto you. Subscription to Trading Signals distributed via the TTCM CopyTrade Service shall bevalid worldwide and entitle the Subscriber to use the Trading Signal to his personaladvantage exclusively via the TTCM CopyTrade Service. Signals Providers may at their own
wish enter into a separate “End User License Agreement (EULA)” with Subscribers for theuse of their Trading Signals, which, as the case may be, will govern your rights to such
Trading Signals as a user.

23.2

Subscription to Trading Signals distributed via the TTCM CopyTrade Service forms a binding
agreement directly between you and the Signals Provider governing your use of such
Trading Signals. Unless otherwise specified in an applicable End User License Agreement(EULA) entered into with a particular Signal Provider, the following limitations of rights to use
any Trading Signals distributed via the TTCM CopyTrade Service shall apply: (i) You shall not
sell, assign, sub-license, lease, rent, distribute, broadcast, export, import or otherwisetransfer rights to use any Trading Signals distributed via the TTCM CopyTrade Service, or any
component thereof, to any third party; (ii) You shall not undertake, cause, permit or
authorize the modification, translation, creation of any Trading Signals similar to any Trading
Signals distributed via the TTCM CopyTrade Service, decompiling, disassembling, decryption,
hacking of any Trading Signals distributed via the TTCM CopyTrade Service, as well as
creation of derivative works; (iii) Except as explicitly authorized in writing by a particularSignals Provider in an applicable separate End User License Agreement (EULA), You shall not
distribute any Trading Signals distributed via the TTCM CopyTrade Service via the Internet orotherwise; (iv) For every Account with TTCM you shall be allowed to subscribe to the Trading
Signals provided by one single Signal Provider only.

23.3

Trading Signals may comprise or be part of another software and technology owned orcontrolled by third parties. Use of any such third party software or technology included inany Trading Signals distributed via the TTCM CopyTrade Service shall be governed by theapplicable separate Software or technology License Agreements.

23.4

When subscribing to Trading Signals the TTCM CopyTrade Service, it is necessary that yourtrading account number in the relevant trading platform is correctly specified and that thetrade server is stated. In order to subscribe to a different Trading Signal, the current
Subscription must be cancelled first. Only one subscription to the Trading Signals of one
Signal Provider can be set up with respect to one Account.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

23.5

Preliminary synchronization of Trading Signals with a Subscriber's trading Account is necessary toproceed with trading operations in that Subscriber's trading Account under the Subscription to
the Trading Signals. Synchronization may not be successful, if: (i) there are pending orders in the
Subscriber's trading Account; (ii) there are open positions in the Subscriber's trading Account thatare not related to Trading Signals of the Trading Signals Subscription selected,

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(ii) there are unrecorded profits on open positions in a Subscriber’s trading Account which
may suggest an adverse operation start for a Subscriber under less favourable terms.
23.6

Synchronization attempts in a Subscriber's trading account will be repeated until successful.
A Subscriber may resort to forced synchronization if the Subscriber agrees to start working
under the Subscription immediately, without waiting for more favourable conditions in orderto open positions based on the existing positions of the Trading Signal.

23.7

You shall not access or attempt to access any Account(s) that you are not authorized toaccess. You agree not to modify any software in any manner or form, or to use modified
versions of any software, for any purposes including obtaining unauthorized access to the
TTCM CopyTrade Service. Violations of system or network security may result in civil or
criminal liability.

23.8

TTCM CopyTrade Service users shall be allowed to rate Trading Signals. Only users who havethe appropriate Subscription to a given Trading Signal shall be able to rate it. Ratings will be
used to determine the placement of Trading Signals in the TTCM CopyTrade Service. Higher
rated Trading Signals are generally given better placement, subject to our ability to change
placement of Trading Signals at our sole discretion. We may also assign a composite score for
any Trading Signals that have not received user ratings. A Trading Signal Composite Score
shall be a representation of the Trading Signals popularity and may be determined by us
based on your trading history at its sole discretion.

23.9

For new Signal Providers without a Trading Signal history, we may use or publish performancemeasurements such as uninstall and/or refund rates to identify or remove Trading Signals thatare not meeting acceptable standards, as determined by us. We reserve the right to display
Trading Signals to users in a manner that will be determined at our sole discretion.

23.10 Trading Signals will be made available for use after acceptance by us of the relevant
Subscription to the TTCM CopyTrade Service and the Trading Signals in question.
23.11 In order to subscribe to the TTCM CopyTrade Service, Subscribers must have a valid real
trading Account with Traders Trust.
23.12 All financial transactions related to the TTCM CopyTrade Service shall be performed inaccordance with all rules and regulations contained in our Agreement.
23.13 Signal providers will be solely responsible for support and maintenance of their Trading
Signals and for the handling of any complaints about their Trading Signals transmitted via the
TTCM CopyTrade Service.
23.14 Signal Providers’ contact information will be displayed in each Trading Signal detail page on
our Website(s) and made available to Subscribers for customer support purposes. Signal
Providers shall be solely responsible for the elimination of all critical errors which may resultin the early termination of the transmission of their Trading Signals.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

USER CREDENTIALS
24.1

You agree (i) that you are solely responsible for maintaining the confidentiality of all Access
Codes (username and/or password) that may be issued to you by us or which you may
choose yourself and (ii) that you will be solely responsible for all activity in the TTCM
CopyTrade Service which involves the use of such credentials.

24.2

We may limit the number of Accounts and/or Subscriptions issued to you or to the legal
entity you work for at our sole discretion and without being obliged to provide any
explanation and/or justification.

PRIVACY AND INFORMATION
25.1

In order to continually innovate and improve the TTCM CopyTrade Service, we may collectcertain usage statistics from the TTCM CopyTrade Service, including but not limited to,
information on how the TTCM CopyTrade Service is being used.

25.2

The collected data will be analysed in order to maximize user-friendliness of the TTCM
CopyTrade Service and will be processed in accordance with our Privacy Policy. To ensure theimprovement of the service, limited aggregate data may be available to you upon written
request.

CANCELLATION OF YOUR SUBSCRIPTION TO THE TTCM COPYTRADE SERVICE
26.1

Your Subscription to any Trading Signal distributed via the TTCM CopyTrade Service shall beeffective until cancelled either by you or by us, as set out below.

26.2

You may cancel your Subscription to any Trading Signal distributed via the TTCM CopyTrade
Service by discontinuing your use of the TTCM CopyTrade Service and of all Subscriptions to
Trading Signals you acquired via the TTCM CopyTrade Service and/or by submitting acancellation request to our Client Support Department.

26.3

In the event you submit a cancellation request to our Client Support Department tounsubscribe from a particular Trading Signal distributed via the TTCM CopyTrade Service, weshall process the request within one Business Day.

26.4

Your Subscription to the TTCM CopyTrade Service shall be cancelled automatically, if:
a. Your Account does not have sufficient available funds in it to pay a commission to
the Signals Provider;b. Your Account does not have sufficient available funds in it to cover the Margin
Requirements for the positions opened in your Account.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

26.5

Without prejudice to any other provisions of these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service, we shall be entitled to cancel your Subscription to the TTCM
CopyTrade Service at any time if:
a. You have breached or violated any provision of your Agreement with us, including,in particular, but without limitation, any provision of these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service; orb. We are required to do so by law; orc. You close your Account(s) with us; ord. We decide no longer to provide the TTCM CopyTrade Service.

26.6

Below are some examples of serious breaches/violations of these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, which entitle us to terminate yourSubscription to the TTCM CopyTrade Service at any time:a. Any actions that threaten the operation of the TTCM CopyTrade Service for otherusers;
b. Interception, imitation or redirection of the communication protocols used as a partthe TTCM CopyTrade Service and/or any of our Website(s), regardless of the methodof performing the above actions;c. Working with the TTCM CopyTrade Service via a third party modified interface that is
not provided us or via our Website(s);d. Development or use of means for fraud, modifiers, hacking tools, as well as anyother third party software to modify the operation of the TTCM CopyTrade Service;e. The use of any third party software that intercepts, collects or otherwise gathers
information included in the TTCM CopyTrade Service or transmitted through it;f.

Using third-party Accounts;

g. Performing attacks on any of our servers, participation in such attacks or engaging inthem, as well as other attempts to hinder the operation of our servers;h. Copying, selling, distribution, transmission or other actions directed to using the
TTCM CopyTrade Service for purposes other than contemplated in these Terms &Conditions Governing the Use of the TTCM CopyTrade Service, unless otherwise
permitted by us in writing in a separate written agreement;i.

Using Trading Signals distributed via the TTCM Copytrade Service to access, copy,transfer, transcode or retransmitting such Trading Signals in violation of any law or
third party rights;

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

j.

Reproduction, copying, selling, exchange and reselling the TTCM CopyTrade Service
and/or any Trading Signals distributed via the TTCM Copytrade Service, unlessotherwise permitted by us in writing in a separate written agreement;k. Any form of advertisement via or through the TTCM CopyTrade Service and/or any
Trading Signals distributed via the TTCM Copytrade Service of third party services
not related to us.
26.7

Upon the cancellation of your Subscription to the TTCM CopyTrade Service, all legal rights
and obligations to be executed or performed by you or by us (or accrued during the term of
your Subscription) and/or any perpetual rights and obligations, shall not be modified due tothe termination of your Subscription to the TTCM CopyTrade Service.

26.8

You acknowledge, understand and agree that, after the cancellation of your Subscription to the
TTCM CopyTrade Service, the Equity and/or profits or losses in your Account may differ from theequity and/or profits or losses profits displayed in your Account at the time of the cancellation
request, due to the fact that may suffer losses resulting from closing positions in your Accountand/or the fact that the positions in your Account may have been closed at stop-out at the
moment of an information update. Furthermore, after your Subscription to the TTCM CopyTrade
Service has been cancelled any commissions due and payable to the Signals Provider shall bewithdrawn from your Account and credited to the Signal Provider's account.

DISCLAIMER OF WARRANTIES
27.1

YOU UNDERSTAND AND AGREE THAT YOUR USE OF THE TTCM COPYTRADE SERVICE IS AT
YOUR SOLE RISK AND THAT THE TTCM COPYTRADE SERVICE IS PROVIDED ON AN "AS IS"
AND "AS AVAILABLE" BASIS WITHOUT WARRANTY OF ANY KIND. YOU EXPRESSLYACKNOWLEDGE AND AGREE THAT YOUR USE OF TRADING SIGNALS DISTRIBUTED VIA THE
TTCM COPYTRADE SERVICE IS AT YOUR SOLE RISK AND THAT THE ENTIRE RISK AS TO
SATISFACTORY QUALITY, PERFORMANCE, ACCURACY AND EFFORT IS WITH YOU.

27.2

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ANY TRADING SIGNALS AND
ANY SERVICES OFFERED OR RENDERED THROUGH OR IN CONNECTION WITH THE TTCM
COPYTRADE SERVICE ARE PROVIDED “AS IS” AND "AS AVAILABLE", WITH ALL FAULTS ANDWITHOUT WARRANTY OF ANY KIND, AND WE HEREBY DISCLAIM ALL WARRANTIES AND
CONDITIONS WITH RESPECT TO ANY TRADING SIGNALS DISTRIBUTED VIA THE TTCM
COPYTRADE SERVICE AND ANY SERVICES OFFERED OR RENDERED THROUGH OR IN
CONNECTION WITH, EITHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING, BUT NOT
LIMITED TO, THE IMPLIED WARRANTIES AND/OR CONDITIONS OF MERCHANTABILITY, OF
SATISFACTORY QUALITY, OF FITNESS FOR A PARTICULAR PURPOSE, OF ACCURACY, OF QUIETENJOYMENT, AND NON-INFRINGEMENT OF THIRD PARTY RIGHTS.

27.3

WE DO NOT WARRANT AGAINST INTERFERENCE WITH YOUR ENJOYMENT OF THE TTCM
COPYTRADE SERVICE ANY/OR ANY TRADING SIGNALS AND/OR SERVICES OFFERED OR
RENDERED THROUGH OR IN CONNECTION WITH THE TTCM COPYTRADE SERVICE, THAT THE
FUNCTIONS CONTAINED IN THE TTCM COPYTRADE SERVICE AND/OR ANY TRADING SIGNALS

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

AND/OR SERVICES OFFERED OR RENDERED THROUGH OR IN CONNECTION WITH THE TTCM
COPYTRADE SERVICE WILL MEET YOUR REQUIREMENTS, THAT THE OPERATION OF THE
TTCM COPYTRADE SERVICE AND/OR ANY TRADING SIGNALS AND/OR SERVICES OFFERED OR
RENDERED THROUGH OR IN CONNECTION WITH THE TTCM COPYTRADE SERVICE WILL BE
UNINTERRUPTED OR ERROR-FREE, OR THAT DEFECTS IN THE TRADING SIGNALS
DISTRIBUTED VIA THE TTCM COPYTRADE SERVICE OR ANY RELATED SERVICES WILL BE
CORRECTED.
27.4

NO ORAL OR WRITTEN INFORMATION OR ADVICE GIVEN BY US OR ANY OF OUR
AUTHORIZED REPRESENTATIVE(S) SHALL CREATE A WARRANTY. SHOULD ANY TRADINGSIGNAL DISTRIBUTED VIA THE TTCM COPYTRADE SERVICE OR ANY RELATED SERVICE PROVE
DEFECTIVE, YOU ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR, OR
CORRECTION.

27.5

YOU AGREE TO USE THE TTCM COPYTRADE SERVICE AND/OR ANY TRADING SIGNALS
AND/OR SERVICES OFFERED OR RENDERED THROUGH OR IN CONNECTION WITH THE TTCM
COPYTRADE SERVICE, AND/OR ANY MATERIALS DOWNLOADED OR OTHERWISE OBTAINEDTHROUGH THE USE OF THE TTCM COPYTRADE SERVICE AT YOUR OWN DISCRETION ANDRISK AND YOU WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTERSYSTEM OR OTHER DEVICE OR LOSS OF DATA AS A RESULT OF SUCH USE.

27.6

WE FURTHER EXPRESSLY DISCLAIM ALL WARRANTIES AND CONDITIONS OF ANY KINDREGARDING THE TTCM COPYTRADE SERVICE AND/OR ANY TRADING SIGNALS AND/ORSERVICES OFFERED OR RENDERED THROUGH OR IN CONNECTION WITH THE TTCM
COPYTRADE SERVICE, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO
THE IMPLIED WARRANTIES AND CONDITIONS OF MERCHANTABILITY, FITNESS FOR A
PARTICULAR PURPOSE AND NON-INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS.

LIMITATION OF LIABILITY
28.1

TO THE EXTENT NOT PROHIBITED BY LAW, IN NO EVENT SHALL WE BE LIABLE FOR PERSONALINJURY, OR ANY INCIDENTAL, SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGESWHATSOEVER, INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, LOSSOF DATA, BUSINESS INTERRUPTION OR ANY OTHER COMMERCIAL DAMAGES OR LOSSES,ARISING OUT OF OR RELATED TO YOUR USE OR INABILITY TO USE THE TTCM COPYTRADESERVICE AND/OR ANY TRADING SIGNALS DISTRIBUTED VIA TTCM COPYTRADE SERVICE,HOWEVER CAUSED, REGARDLESS OF THE THEORY OF LIABILITY (CONTRACT, TORT OR
OTHERWISE) AND EVEN IF TRADERS TRUST HAS BEEN ADVISED OF THE POSSIBILITY OF SUCHDAMAGES.

INDEMNIFICATION
29.1

You hereby agree, to the fullest extent permitted by law, to indemnify, defend, and hold us andeach of our directors, officers, employees and agents, as well as each of our Affiliates and each of
their respective directors, officers, employees and agents, as well as any Authorized Carriers,
harmless from and against any and all third party claims, demands, causes of action,
suits or proceedings, as well as any and all losses, liabilities, damage, costs or expenses

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

(including any reasonable attorneys' fees), arising out of or accruing from: (i) your use of the
TTCM CopyTrade Service and/or any Trading Signals distributed via the TTCM CopyTrade
Service in violation of these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service, and (b) your use of the TTCM CopyTrade Service and/or any trading signals
distributed via the TTCM CopyTrade Service that infringes any copyright, trademark, trade
secret, trade dress, patent or other intellectual property right of any person or defames any
person or violates their rights of publicity or privacy.
29.2

You hereby agree, to the fullest extent permitted by law, to indemnify, defend, and hold us
and each of our directors, officers, employees and agents, as well as each of our Affiliatesand each of their respective directors, officers, employees and agents, as well as any
authorized carriers, harmless from and against any and all third party claims, actions, suits orproceedings, as well as any and all losses, liabilities, damages, costs and expenses (including
reasonable attorneys' fees) arising out of or accruing from taxes related to your Subscription
to the TTCM CopyTrade Service and/or your use of any Trading Signals distributed via the
TTCM CopyTrade Service.

CHAPTER D: FEES, CHARGES AND EXPENSES AND MARGIN
FEES, CHARGES AND EXPENSES
30.1

In consideration of the TTCM CopyTrade Service agreed to be provided under these Terms &Conditions Governing the Use of the TTCM CopyTrade Service, you agree to pay us:a. the fees set out in the ‘Commission, Charges & Margin Schedule’ posted on our
Website(s), or otherwise agreed by and between us in writing; andb. such other fee(s) as may be levied by us from time to time for the TTCM CopyTrade
Service as may be notified to you: we may direct any Agent or Broker to whom we
may have delegated our performances and our powers, duties and discretions
hereunder, in accordance with these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, to effect the payment of any management and/or
performance fee and/or other sum payable to us under these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service.

30.2

You further agree to pay all costs and expenses (including all taxes, duties, levies, brokerage,commissions and fees, including all fees due and payable and/or incurred from time to timein connection with the TTCM CopyTrade Service rendered hereunder) in connection withyour Account and to indemnify us on demand against all costs, expenses, liabilities, claims,
demands or proceedings arising from the exercise of any of the our rights and discretions or
the performance of any of our duties under these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service, including, but not limited to, our reliance on any information
provided by you, from any dealings with the Portfolio by any person authorised to act inrelation thereto or as a result of its acting in good faith on instructions given or purportedly
given by any such person.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

30.3

We may charge to and recover from the Account any costs, expenses and the amounts due
to it hereunder. We shall have a lien over your Portfolio for all amounts payable to it by you
whether present or in the future, actual or contingent and in whatever currency. We may at
any time without prior notice to you realise (whether through a sale or disposal in suchmanner and on such terms as we see fit and at your expense) any part of the Portfolio andmay apply the proceeds (or any other amounts held to or payable to you) in or towards
settlement of such amounts and may convert any sum from one currency to another at suchrates of exchange as its see fit for this purpose.

30.4

We shall be entitled to receive and retain for our own absolute use and benefit (without any
liability to account to you) any brokerage rebates, commissions, fees, other payments or
benefits which we receive in connection with or derive from any transaction involving thePortfolio and may pay such rebates, commissions, fees, payments or benefits to such
persons as we deem fit for the purposes of the transactions involving the Portfolio.

30.5

We may reduce fees without giving notice. We may also introduce and raise fees for one-off
services and new contractual services without giving notice. In respect of existing contractual
services, we may introduce a fee, or increase the fees that you pay on a current basis, on athirty (30) calendar days' notice.

30.6

We shall not be under any obligation to reclaim any withholding taxes (i.e. any taxes which arewithheld or deducted by the payer as required by the applicable law and regulations) or otherlevies or duties in respect of income from and gains on foreign stock held on your behalf.

30.7

There is the possibility that other costs, including taxes, may arise for you that are not paid
via us or imposed by us.

MARGIN
31.1

You expressly acknowledge, agree and understand that available Margin must exist in orderfor you to make use of the TTCM CopyTrade Service in your Account(s) with us. You
expressly acknowledge and agree to indemnify and to hold us and all of our Affiliates and/or
Associates harmless, for any and all claims regarding such Margin requirements upon proper
credit to your Account(s) with us.

CHAPTER E: GENERAL PROVISIONSORDER EXECUTION POLICY
32.1

Our Order Execution Policy, which is posted on our Website(s), forms part of these Terms &Conditions Governing the Use of the TTCM CopyTrade Service and is incorporated herein byreference. Accordingly, (a) by downloading, completing and/or submitting to us theappropriate Request to subscribe to the TTCM CopyTrade Service and any related
documentation and forms posted in the TTCM CopyTrade section on our Website(s)(hereinafter referred to as the “TTCM CopyTrade Account Opening Application Form(s)”)
and/or (b) by clicking in the appropriate space, or on the “I Accept” button, or similar buttons

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

or links as may be designated by us to show your approval and acceptance of these Terms &Conditions Governing the Use of the TTCM CopyTrade Service, you are also agreeing to theterms of our Order Execution Policy in the framework of our CopyTrade Signals Distribution
Services we may be providing to you.

RISK WARNINGSA.

DERIVATIVES RISK WARNING

33.1

You have been informed of the risks involved in investing in securities and acknowledge thatthe high level of risks of trading futures, options, CFDs, forwards, foreign exchange and otherderivatives. In particular, you have been informed about the high level of leverage ofderivatives, which can be translated to high profits or substantial losses that can exceed theinitial investment. You should not deal in derivatives, nor instruct us to invest in derivatives
on your behalf, unless you understand the nature of the contract you are entering into andthe extent of the exposure to risk. You should also be satisfied that the contract is suitablefor you in the light of your circumstances and financial position. Whilst derivative
instruments can be utilised for the management of investment risk some investments are
unsuitable for many investors. Different instruments involve different levels of exposure torisk, and in deciding whether to trade in such instruments you should be aware of the risks
involved. Leveraged products carry a high degree of risk for your capital, and in somecircumstances you may be liable for a greater sum than your initial capital invested. Under
the discretionary terms of this arrangement, margin payments will be made automatically on
your behalf out of the funds available in your Account.

33.2

Past performance is not indicative of future results, as returns may vary according to market
conditions. Trading in complex financial products, such as Stocks, Futures, Foreign Exchange(‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on‘margin’ is speculative and may involve the loss of principal; therefore, funds placed undermanagement should be risk capital funds that if lost will not significantly affect one’s
personal financial wellbeing. No representation is being made that participating in a
managed account or portfolio management program or using the TTCM CopyTrade Service
will necessarily lead to profit. Investors may incur into a series of consecutive losses andsubstantial Equity-draw-downs that can deplete their funds before the occurrence of any
meaningful profit accumulation.

33.3

Please do read the “Website Terms of Use”, the “Risk Disclosures for Financial Statements &Investment Services”, the “Privacy Policy”, the “Conflicts of Interest Management Policy”, ,the ‘Client Agreement – Terms and Conditions of Business’ and the “Order Execution
Policy”, as well as these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service and any additional documents, information and/or other legal notices andstatements (forming part of the Agreement or otherwise) posted on our Website(s), before
accessing and/or using our Services, including, in particular, the TTCM CopyTrade Service,
our Products and/or our Website(s).

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

B.

HYPOTHETICAL TRADING DISCLAIMER

33.4

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF
WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNTWILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT,
THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCERESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR
TRADING PROGRAM.

33.5

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY AREGENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICALTRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORDCAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR
EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADINGPROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO
ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORSRELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC
TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF
HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECTACTUAL TRADING RESULTS.

C.

RISK WARNING SPECIFICALLY PERTAINING TO THE TTCM COPYTRADE SERVICE

33.6

You expressly acknowledge, agree and fully understand that the TTCM CopyTrade Service is aservice offered by us via a software application that is designed to technically implement andautomate copying processes occurring between (i) a Master MT4 account, which is opened andoperated via our MT4 Trading Platform by a third party Signal Provider and which sends trades
and orders, and (ii) one or more Slave MT4 accounts, which are opened and operated via the
Company’s MT4 trading platform by one or more third party Signal Subscribers and which arereceiving the trades and orders from the third party Signal Provider’s Master MT4 account; assuch the TTCM Copytrade Service is an auto-trading system, whereby the Master MT4 accountand the Slave MT4 account(s) communicate all the time and synchronize all settings and data inreal time (copying the trades and movements from the Master MT4 account to the Slave MT4
account(s)); our MT4 Trading Platform receives trading signals from the third party Signal
provider’s Master MT4 account; once the signal is received, we validate the signal only for the
purpose of verifying whether it is consistent with the third party Signal Subscriber’s Slave MT4
account settings and preferences; if the signal is accepted, we send the trading signal to the hethird party Signal Subscriber’s Slave MT4 account for execution.

33.7

In that regard, you expressly acknowledge, agree and fully understand the risks of total losses
resulting from unsuccessful trading on the Signal Provider's trading Account. When you trade on
your own you assume all risk and take all responsibility. When you copy trade you still take on allrisk and responsibility, but you are at the mercy of the Signal Provider’s decisions. There is no
way to be 100% sure about any trading decision, especially if you are not making that decision. In
that regard, you expressly acknowledge, agree and fully understand (i) that there can be no
guarantee that your use of Trading Signals generated in your Account by a third party Signal
Provider via the TTCM Copytrade Service will result in profits, and (ii) that your

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

use of Trading Signals generated in your Account by a third party Signal Provider via the
TTCM Copytrade Service may, in fact, result in substantial losses, in case of unsuccessful
trading on the Signal Provider's account.
33.8

Furthermore, the actual percentage gains/losses generated in your trading Account may varydepending on many factors, including, but not limited to: starting account balances, market
behaviour, your Account settings, and the performance of the Signal Provider. Because ofthis, the actual percentage gains/losses experienced by you may be materially different thanthe percentage gains/losses experienced by the Signal Provider.

33.9

Finally, copy trading relies on technology and technology does not always work the way it is
supposed to. In that regard, you expressly acknowledge, agree and fully understand thatusing a third party Signals Provider to generate Trading Signals in your trading Accountexposes you to risks associated with the use of computers and data feed systems relied onby us to perform the TTCM CopyTrade Service, which may include, but are not limited to,
failure of hardware, software or communication lines or systems and/or inaccurate external
data feeds provided by third-party vendors. Accordingly, implementation of Trading
Signals/failure to implement Trading Signals in your trading Account via the TTCM Copytrade
Service can result in differences between your results and the results of the Signals Provider;furthermore, differences in trading conditions in your trading Account and in the trading
Account of the Signals Provider can jeopardize the possibility of implementing Trading
Signals; communication failures can lead to missed Trading Signals.

33.10 You agree to accept such risks, and to hold us and each of our directors, officers, employees
and agents, as well as each of our Affiliates and each of their respective directors, officers,
employees and agents, as well as any Authorized Carriers, harmless from any losses in yourAccount(s) associated with these risks. Absent wilful or wanton misconduct, neither we (norany of our directors, officers, employees and agents), nor any of our Affiliates (nor any of
their respective directors, officers, employees and agents), nor any authorized carriers, will
be liable for any such breakdowns or failures.
D.

ONLINE TRADING RISKS

33.11 You understand and acknowledge that there are risks associated with utilizing Internet-based
trading services including, but not limited to, hardware, software or Internet connections.
Since we do not control signal power, its reception or routing via Internet, configuration ofyour hardware or software, or reliability of your Internet connection, you agree that you aresolely responsible for such failures, including communication failures, disruptions, distortions
and delays in trading.
33.12 Volatility or illiquidity in the financial markets may prevent orders from being executed atadvantageous prices, or at all. We shall not be liable to any person for any losses, damages,
costs or expenses (including, but not limited to, loss of profits, loss of use, direct, indirect,
incidental or consequential damages) occurring because trades cannot be executed due tomarket conditions, or from any errors in communication failures, disruptions, distortions anddelays in trading.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

33.13 We recommend that investors should be cautious when they use smart phones or otherhandheld mobile devices for trading or receiving data from our Trading Platform(s). Smartphones or other handheld mobile devices depend on wireless connectivity, are subject tothe limitations of 4G, 3G, WiFi and GPRS networks restrictions, and may not provide theinvestor with the same functions as accessing our Trading Platform(s) from a web browser.
33.14

We shall not be liable to any person for any losses, damages, costs or expenses (including, but
not limited to, loss of profits, loss of use, direct, indirect, incidental or consequential damages)
resulting from the investor’s use of a smart phone or other handheld mobile device.

PERFORMANCE STATISTICS
34.1

We have not undertaken to verify the completeness or accuracy of any of the informationand statistics provided by third party Signal Providers. While the information and statistics
given are believed to be complete and accurate, we cannot guarantee their completeness or
accuracy.

34.2

We make no guarantee, implied or otherwise, as to the information provided by third party
Signal Providers, or through their respective Websites. As such, use of such third party Signal
Providers is at your own risk. You acknowledge and agree that we are not responsible forany shortcomings, trading system errors, charging or billing errors, misrepresentations, or
any wrongdoing on the part of said third party Signal Provider(s). We strongly recommendthat you review the Signal Provider’s policies regarding trading system errors, privacy, billing,errors and omissions, and related issues before investing.

34.3

As a term and condition of your use of the TTCM CopyTrade Service, you expressly agree tohold us and each of our directors, officers, employees and agents, as well as each of ourAffiliates and each of their respective directors, officers, employees and agents, as well as
any authorized carriers, harmless and waive any claim you have or may have as a result of
any of the information and statistics provided by third party Signal Providers being
incomplete or inaccurate.

CHAPTER F: COMMUNICATIONS AND INSTRUCTIONS/ STATEMENTS
COMMUNICATIONS AND INSTRUCTIONS
35.1

Communications between us, may be by letter, facsimile transmission, e-mail, or bytelephone or other verbal communication with our authorised personnel and you hereby
consent to such forms of communication. However, you accept that we will not be
responsible for any delay in responding to instructions via e-mail or facsimile and you agree
to indemnify us for any losses we incur as a result of reliance on such instructions. We may ingood faith rely upon, and you will be bound by, any instruction which purports to be, ororiginates from, a person authorised by you to give such instructions.

35.2

All written communications from us to you will be sent to your address held on our records inaccordance with these Terms & Conditions Governing the Use of the TTCM CopyTrade Service.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

35.3

It is your obligation to let us know should your postal address, facsimile, e-mail address or
telephone number change and we accept no liability as a result of any failure on your part to
notify us of any change.

35.4

Telephone conversations between us may be tape-recorded and such records are and willremain our sole property and will be conclusive evidence of any orders or instructions given
by you.

35.5

We may at any time and without liability on our part refuse to act upon, execute orotherwise implement any instruction or request without giving any reason, provided thatsuch refusal is notified to you.

35.6

We will not be responsible for sending confirmation of any transactions executed on yourbehalf.

35.7

All communications between you and us should (unless stated otherwise in these Terms &Conditions Governing the Use of the TTCM CopyTrade Service) be conducted in English andin writing (unless otherwise permitted in these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service) and, when directed to us, sent to our official address posted on
our Website(s) or any other address as we may notify you from time to time.

35.8

Where we ask you to respond to a communication within a certain time frame we shall not
be responsible for the consequences of our acts or omissions that result from your failure to
respond in a timely manner.

35.9

All notices to us, including changes to your name and/or home address (which must be
notified promptly) (not by electronic mail) and sent or delivered to our official address
posted on our Website(s) or any other address as we may notify you from time to time. All
notices that we send or deliver to you in physical form will be sent or delivered to the latest
address that we are advised of by you.

35.10 You must also provide us with any information concerning your identity and your affairs,
including any supporting documentation, which we may reasonably request from you fromtime to time and which we believe are necessary for us to meet our legal and regulatory
obligations.
35.11 You expressly authorise us to rely on any communication that we reasonably believe as being
made by you or given on your behalf. We will not be liable to you for any Loss arising from us
relying on any such communication if it subsequently becomes clear that any such
communication was not made by you or given on your behalf.
35.12 We may at our discretion decline to act upon any communication from you or given on yourbehalf and we will not be responsible to you for any loss as a result from any act or omission.
We shall notify you promptly of any such decision. For example, we may exercise thisdiscretion where a communication is unclear or where we suspect fraud.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

35.13 Where you have provided in writing, and we have accepted, authority for us to receive andact upon instructions from your agent, we may continue to receive and act upon such
instructions until we receive written notice from you to the contrary.

STATEMENTS
36.1

Even though you have granted TTCM the authority to execute trades for your Account inaccordance with the Trading Signals generated by your Signals Provider via the TTCM
Copytrade Service, you expressly acknowledge and agree that you should at all times be
diligent to closely scrutinize what transpires in your Account(s) with us. We shall provide youwith a confirmation of every trade made for your Account(s) and any transactions in yourAccount(s), and a profit and loss statement showing the financial results of each transaction
closed out in your Account(s).

36.2

In lieu of sending you such trade confirmations and/or account activity via postal mail, we
will provide you with access to view your Account(s) at any time using the Internet with an
online login.

36.3

We shall make statements available showing the ledger balance, the exact positions in yourAccount(s), the net profit or loss in all contracts closed for the given period, and the net
unrealized profit and loss in all open contracts figured to the market. You acknowledge andagree that you should carefully review these statements on a daily basis, and that, if you
have any questions, you must contact us immediately.

36.4

ANY DISCREPANCY ON ACCOUNT STATEMENTS MUST BE REPORTED TO US, IN WRITING,
WITHIN 24 HOURS OF ITS OCCURRENCE. FAILURE TO OBJECT WITHIN THE ABOVEMENTIONED 24HOUR TIME PERIOD SHALL BE DEEMED RATIFICATION BY YOU OF ALL
ACTIONS TAKEN BY US PRIOR TO YOUR RECEIPT OF SUCH REPORTS. YOUR FAILURE TO
RECEIVE A TRADE CONFIRMATION SHALL NOT RELIEVE YOU OF THE OBLIGATION TO OBJECT AS
SET OUT HEREIN. YOU HEREBY EXPRESSLY ACKNOWLEDGE AND AGREE IMMEDIATELY TO
CALL TO OUR ATTENTION ANY ORAL INFORMATION THAT YOU HAVE REASON TO BELIEVEIS INCONSISTENT WITH YOUR OWN INFORMATION.

36.5

Without prejudice to the foregoing 24-hour time limitation, you understand and you expressly
acknowledge and agree that in case of any error, whether resulting in a profit or loss to you, yoursole remedy shall be that your Account(s) shall be corrected and that, as the case may be, yourAccount(s) shall be credited or debited in such manner and extent as to place your Account(s) in
the same position in which it/they would have been had the error not occurred.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

CHAPTER G: REPRESENTATATIONS AND WARRANTIES/INDEMNIFICATIONREPRESENTATIONS AND WARRANTIES
37.1

You confirm and undertake the following:a. We have not made and, in accepting these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service, you are not relying upon any statement, representation, andpromise or undertaking that is not contained in these Terms & Conditions Governing theUse of the TTCM CopyTrade Service.
b. Unless otherwise agreed in writing between us, you are acting as principal (i.e. for yourown account and not on behalf of or as agent for another) in our relationship and own all
funds deposited with us free and clear of any encumbrance except as we may haveconsented to in writing or may arise by law. Accordingly, you undertake that you will bedeemed to be liable as principal for all obligations and transactions under these Terms &Conditions Governing the Use of the TTCM CopyTrade Service.
c. No information that we may give you may be regarded as tax advice or legal advice,
which are the sole responsibility of your independent tax or legal adviser, and you aresolely responsible for:i.

managing your complete personal affairs to your best advantage for tax or estateplanning purposes and neither we, nor any of our Affiliates, accepts any
responsibility for the tax consequences of actions taken by us within the scope of
our authority; andii.

ensuring that all applicable legal, tax or regulatory requirements for disclosure or
reporting as to holding, control or beneficial ownership are met in respect of any
funds and/or Assets deposited with us.

d. You are not a resident of the United States.
37.2

You will provide us promptly with a copy of all such documents as we may reasonably requirefrom time to time for the purposes of providing the TTCM CopyTrade Service.

37.3

You will notify us promptly if there is any change to any of the matters you have told us about or if anyof the matters you have told us about are or become inaccurate. You recognise that if you fail to do
this then this may adversely affect the TTCM CopyTrade Service.

37.4

Where you are not an individual, the person(s) signing and agreeing to be bound by these Terms& Conditions Governing the Use of the TTCM CopyTrade Service is duly authorised to do so and tobind you accordingly.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

37.5

You must ensure:a. that you have full power and authority to accept and abide by these Terms &Conditions Governing the Use of the TTCM CopyTrade Service;b. that you will not deal in the Assets in your Portfolio or authorise any other person to
do so, and will not take or omit to take any step that will result in any lien or chargearising over with our prior written consent;c. that any information you have provided to us for the purposes of establishing thearrangements contemplated by these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service (including as to your status, residence and domicile for tax
purposes) is complete and correct in all material respects; andd. that you are not a resident of the United States.

37.6

You will notify us promptly if there is any material change to any information provided in your
TTCM CopyTrade Account Opening Application Form(s) and Client Profile and you will provide
any further information we reasonably request in order to enable us to perform these Terms& Conditions Governing the Use of the TTCM CopyTrade Service or comply with any
applicable law or regulation. Failure to do so may adversely affect the quality of the TTCM
CopyTrade Service we are able to provide.

37.7

Except to the extent it results from our negligence, wilful default or fraud, you will be liable
to compensate us in full for any Losses (including reasonable legal costs or other reasonable
costs in connection with investigating and defending any claim or liability) resulting fromyour failure to comply with these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service or arising in connection with any action properly taken by us or by ouragents under these Terms & Conditions Governing the Use of the TTCM CopyTrade Service.

CHAPTER H: TERMINATION AND CLOSURE OF ACCOUNT(S)TERMINATION AND CLOSURE OF ACCOUNTS
38.1

Your Account(s) with us may be closed and these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service terminated by either Party at any time by giving the other Party
thirty (30) calendar days’ prior written notice to that effect.

38.2

Notwithstanding such termination, we shall be entitled to receive from you all fees, costs,
charges and expenses accrued or incurred by reason or in relation to these Terms &Conditions Governing the Use of the TTCM CopyTrade Service up to the date of termination,
including any additional expenses or losses necessarily incurred in the termination of thesame, including any charges which may be incurred in arranging for the transfer of yourinvestments either to you or to your new investment adviser or otherwise.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

38.3

All acts performed by us prior to receiving written notice of such closure from you will bevalid and binding upon you and your successors in title. Upon closure of the Account andsubject only to the completion or closing out of any binding but uncompleted transaction
involving your Portfolio, we shall no longer be obliged to manage your Portfolio for you or to
execute any further transactions in relation to your Portfolio or any part thereof, unless we
expressly agree to do so in writing.

38.4

Upon such termination, we shall, as soon as practicable after notice of termination andunless otherwise instructed in writing by you, close off all open positions, liquidate all
investments in your Portfolio and transfer cash to you notwithstanding that, in the eventthat an investment cannot be immediately liquidated either due to its normal terms of saleor redemption or due to a legitimate suspension of trading, we shall be entitled, in ourabsolute discretion, to transfer ownership of said investments to you or your designatednominee. Investments sold for this purpose will be liquidated under the normal terms of saleor redemption applying to each investment therein and cash proceeds will be remitted, netof all fees and costs, as directed in writing by you.

38.5

Your death, disability or incompetence will not automatically terminate or change the termsof these Terms & Conditions Governing the Use of the TTCM CopyTrade Service. However,your personal representative, guardian, attorney-in-fact or other authorized representative
may cancel these Terms & Conditions Governing the Use of the TTCM CopyTrade Service bygiving thirty (30) calendar days’ prior notice to us in writing, in accordance with theprovisions of Section 38.1 hereinabove.

CHAPTER I: MISCELLANEOUS PROVISIONSASSIGNMENT
39.1

These Terms & Conditions Governing the Use of the TTCM CopyTrade Service shall inure to
the benefit of and be binding upon the Parties and their respective, Affiliates, successors andassigns.

39.2

We shall be entitled to assign its rights and benefits under these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, without any prior consent being
required, to any Affiliate or subsidiary belonging to our group of companies.

39.3

You may not without our prior written consent transfer these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service or any interest or obligation in or under these Terms& Conditions Governing the Use of the TTCM CopyTrade Service and any purported transfer
without such consent shall be null and void.

39.4

Following such consent to the transfer of any interest or obligation under these Terms &Conditions Governing the Use of the TTCM CopyTrade Service, you shall remain jointly andseverally responsible for the performance of all of the transferee’s obligations under theseTerms & Conditions Governing the Use of the TTCM CopyTrade Service.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

TIME OF ESSENCE
40.1

Time shall be of the essence in respect of all obligations of yours under these Terms &Conditions Governing the Use of the TTCM CopyTrade Service (including, without limitation,
those pertaining to any Statements, Transactions and/or Contracts).

NOTICES
41.1

You must ensure that at all times we are able to communicate with you by telephone, fax or
e-mail.

41.2

Except as specified otherwise in these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service and without prejudice to any such other provisions of these Terms &Conditions Governing the Use of the TTCM CopyTrade Service, all notices, declarations,demands, requests, and other communications required under, or otherwise referred to in,these Terms & Conditions Governing the Use of the TTCM CopyTrade Service shall be inwriting and shall be sufficient for all purposes if personally delivered or if sent by prepaid"overnight delivery" via DHL/FEDEX/UPS or any other internationally recognized air courier or
if sent by facsimile with a confirmation copy sent by air mail, or if sent by e-mail, and in any
case addressed to the respective Parties at their address set forth above or at such otheraddress as such Party may hereafter designate by notice to each of the other Parties asherein provided.

41.3

If personally delivered in the form specified herein, notices, declarations, demands, requests,
and other communications under these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service shall be deemed to have been given and received and shall be effective
when personally delivered.

41.4

If sent by e-mail in the form herein specified, notices, declarations, demands, requests, and othercommunications under these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service shall be deemed to have been given and received and shall be effective when received infully legible form by the Party to which the notice is addressed, which shall be deemed to occur
upon completion of the e-mail transmission unless: (a) such transmission is made on a day which
is not a day (except any Saturday or Sunday) on which banks in Bermuda are open for business (a“Business Day”) or on a Business Day but outside regular business hours, in which case the notice
shall be deemed received at 9:00 A.M. on the next succeeding Business Day; or (b) the Party towhich the notice is addressed then notifies the other Party by return mail, telex or facsimile thatthe copy received is illegible in whole or in part.

41.5

If sent by prepaid "overnight delivery" via DHL/FEDEX/UPS or any other internationallyrecognized air courier in the form specified therein, notices, declarations, demands,
requests, and other communications under these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service shall be deemed to have been given and received and shall beeffective four (4) calendar days after deposit with such air courier or when actually received,
whichever first occurs.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

41.6

If sent by facsimile in the form herein specified, notices, declarations, demands, requests,
and other communications under these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service shall be deemed to have been given and received and shall be effective
when received in fully legible form by the Party to which the notice is addressed, which shallbe deemed to occur upon completion of the transmission unless: (a) such transmission ismade on a day which is not a Business Day or on a Business Day but outside regular businesshours, in which case the notice shall be deemed received at 9:00 A.M. on the next
succeeding Business Day; or (b) the Party to which the notice is addressed then notifies theother Party by return telex or facsimile that the copy received is illegible in whole or in part.

41.7

Such notice or other communication will be deemed effective if in writing and delivered inperson or by courier, on the date it is delivered or if sent by facsimile transmission, on the datethat transmission is received by the recipient, or if sent by registered mail or the equivalent, on
the date that mail is delivered or if sent by email on the date that email is delivered, unless thedate of delivery (or attempted delivery) or the date of receipt, as applicable, is not a Business Dayor the communication is delivered (or attempted to be delivered) or received, as applicable, after
the close of business on a Business Day, in which case that communication shall be deemed given
and effective on the first following day that is a Business Day.

41.8

The Parties Agree that the delivery of any summons and complaint, and other process, which
may be served in any suit, action or other proceeding, may be made by mailing via certified
or registered mail or by hand-delivering such summons, complaint or other process to theother Party at the address of such Party specified hereinabove.

41.9

In proving service, it will be sufficient to prove:a. in the case or a letter, that it was properly stamped, addressed and placed in the post,b. in the case of a facsimile transmission, that it was fully despatched to a current or
facsimile number of the addressee and,c. in the case of e-mail, that the sender has received a valid message confirmationdelivery.
41.10 Rejection or other refusal to accept, or the inability to deliver of a notice, summons,complaint or other process referred to hereinabove, because of changed address of which noproper notice was given, shall not affect the effectiveness or the date of delivery for any
notice sent in accordance with the foregoing provisions. Each such notice, request or othercommunication shall be deemed as sufficiently given, served, sent and received for all
purposes, at such time that it is delivered to the address (with return receipt, the delivery
receipt, the affidavit of the messenger or the answer back being deemed conclusive (but not
exclusive) evidence of such delivery) or at such time as delivery is refused by addressee uponpresentation.
41.11 Communications may be made to you at such address, telephone, facsimile or email address
as you have notified from time to time to us for this purpose.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

41.12 Unless otherwise agreed in writing, all communications shall be made in the English language
and shall be served by sending them by prepaid first class post, e-mail or facsimiletransmission or by delivering it by hand to the address for the time being of the addressee.
41.13 Communications may be made to us at the address and telephone number notified to you
for this purpose and shall be considered to have been duly made only upon their actual
receipt by us.
41.14 You may alter your communication details by written notice to us.

GOVERNING LAW AND JURISDICTION
42.1

These Terms & Conditions Governing the Use of the TTCM Copy Trade Service shall be governedby and construed in accordance with relevant laws and, subject and without prejudice to thedispute resolution provisions set forth hereinafter, you irrevocably agree for our exclusive benefit
that the courts of Bermuda are to have jurisdiction to settle any disputes which may arise out ofor in connection with these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service and that accordingly any proceedings may be brought in such courts.

42.2

Nothing contained in this Section shall, however, limit our right to take proceedings against
you or any Trader in any other court of competent jurisdiction, nor shall the taking ofproceedings in one or more jurisdictions preclude the taking of proceedings in any otherjurisdiction, whether concurrently or not, to the extent permitted by the law of such otherjurisdiction.

DISPUTE RESOLUTION
43.1

In the event of any dispute arising out of or in relation to these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service, the Parties must first use their respective
best endeavours to consult and negotiate with each other, in good faith and, recognizing
their mutual interests, attempt to reach a just and equitable settlement of the disputesatisfactory to both Parties.

43.2

To such end the Parties must within seven (7) Business Days of a dispute arising convene ameeting between persons nominated by each Party (the “Appointed Persons”) and otherrelevant members of management to attempt to resolve the dispute.

43.3

If the Appointed Persons agree upon a resolution or disposition of the dispute, they will sign
a statement setting out the terms of the resolution or disposition and the Parties will ensurethat the resolution or disposition is fully and promptly carried out.

43.4

If the Appointed Persons do not reach such a settlement within a further period of fourteen(14) Business Days (the “Final Negotiation Date”), the dispute will be managed inaccordance with provisions set forth hereinafter.

43.5

In the event of any dispute arising out of or in relation to these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service, if the dispute is not resolved and/or be settled prior

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

to the Final Negotiation Date, it shall upon the initiation of either Party be referred tobinding arbitration to be conducted in accordance with Arbitration Rules of the International
Chamber of Commerce (“Arbitration Rules”).
43.6

Each Party will have the right to appoint an arbitrator and the two arbitrators appointed by
the Parties will appoint a third arbitrator in accordance with the Arbitration Rules; no person
shall be appointed as an arbitrator hereunder unless such person is unrelated to either
Party, is fluent in the English language and has experience in ‘OTC Finance’ matters.

The arbitration procedures, both written and oral, will, be conducted in English
43.7 The arbitral reward shall be final and binding upon the Parties to these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service and the Parties to the arbitration agree tocarry out such award without delay; any arbitral award made hereunder may be enteredinto a court of competent jurisdiction for execution thereof; the cost, fees and expenses ofcounsel to each Party, shall be subject to equitable allocation by the arbitrators.
43.8

If there is a conflict between the Arbitration Rules and the provisions of these Terms &Conditions Governing the Use of the TTCM CopyTrade Service, the provisions of these Terms& Conditions Governing the Use of the TTCM CopyTrade Service shall prevail.

INTERIM RELIEF - INJUNCTIVE RELIEF
44.1

Nothing in this Section shall prevent either Party from applying to court for interim or
injunctive relief.

44.2

Each Party acknowledges that a breach of the provisions of these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service may cause the other Party irreparable
injury and damage and, therefore, any such breach may be enjoined through injunctive
proceedings, in addition to any other rights and remedies that may be available to either
Party as per applicable law or in equity.

CONTROLLING LANGUAGE
45.1

These Terms & Conditions Governing the Use of the TTCM CopyTrade Service and all otheragreements and/or documents executed on the basis of these Terms & Conditions Governing
the Use of the TTCM CopyTrade Service shall be written and interpreted in English.

45.2

In the event that these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service have been translated into a language other than English, it is the English version thatwill be prevailing and controlling in the event of any discrepancy.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

FORCE MAJEURE
46.1

We shall not be in breach of these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service and shall not be liable or have responsibility of any kind for any loss ordamage incurred by you as a result of any total or partial failure, interruption or delay in theperformance of these Terms & Conditions Governing the Use of the TTCM CopyTrade Service
occasioned by any act of God, fire, war, civil commotion, labour dispute, act of government,
state, governmental or supranational body or authority, or any investment exchange and/or
clearing house, inability to communicate with market makers for whatever reason, failure of
any computer dealing system, any other breakdown or failure of transmission incommunication facilities of whatever nature, between us and you or any other third-party
whatsoever, or any other reason (whether or not similar in kind to any of the above) beyond
our reasonable control (a “Force Majeure Event”).

46.2

You acknowledge and agree that we may in its reasonable opinion, determine that a Force
Majeure Event exists or is about to occur; as the case may be, we will inform you as soon asreasonably practicable if it so determines.

46.3

If we determine that a Force Majeure Event exists or is about to occur then it may (without
prejudice to any other rights under these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service and at its sole discretion) take such action as it deems necessary or
appropriate in the circumstances, having regard to you, and neither we, nor any of ourdirectors, officers, employees, agents or advisers will be liable for any failure, hindrance ordelay in performing its obligations under these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service or for taking or omitting to take any action pursuant to thissubparagraph.

NO WAIVER
47.1

No failure on the part of any Party to exercise, and no delay on its part in exercising, any right orremedy under these Terms & Conditions Governing the Use of the TTCM CopyTrade Service shall
operate as a waiver thereof, nor shall any single or partial exercise of any right or remedy
preclude any other or further exercise thereof or the exercise of any other right or remedy.

47.2

The failure of a Party at any time to require performance of any provision of these Terms &Conditions Governing the Use of the TTCM CopyTrade Service shall not in any way affect thevalidity of these Terms & Conditions Governing the Use of the TTCM CopyTrade Service or
any part thereof, nor the right of that Party to require performance of that provision or any
other provision of these Terms & Conditions Governing the Use of the TTCM CopyTrade
Service in the future.

47.3

All waivers by us must be in writing.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

CUMULATIVE REMEDIES
48.1

All remedies available to either Party for breach of these Terms & Conditions Governing theUse of the TTCM CopyTrade Service are cumulative and may be exercised concurrently or
separately, and the exercise of any one remedy shall not be deemed an election of such
remedy to the exclusion of other remedies.

EXCLUSION OF THIRD-PARTY RIGHTS
49.1

Except as expressly otherwise provided herein, these Terms & Conditions Governing the Useof the TTCM CopyTrade Service is being entered into solely for the benefit of the Parties
hereto and their successors and permitted assigns and intended and/or designated Affiliates.

49.2.

It may not be relied upon by any other person as the basis for any claim or dispute against
one or both Parties, or as evidence of the rights or obligations of one or both Parties hereto
with respect to such other person.

49.3.

To the extent that any term or provision of these Terms & Conditions Governing the Use of
the TTCM CopyTrade Service grants rights to or contemplates, permits, or requires
performance of and/or by any Affiliate of a Party, such Affiliate shall be considered to be an
intended third party beneficiary of these Terms & Conditions Governing the Use of the TTCM
CopyTrade Service and such Party shall cause such Affiliate to perform each and every ofsuch obligations of such Party under these Terms & Conditions Governing the Use of the
TTCM CopyTrade Service in accordance with the terms and conditions hereof.

INDEPENDENT PARTIES/NO PARTNERSHIP OR JOINT VENTURE
50.1

Neither these Terms & Conditions Governing the Use of the TTCM CopyTrade Service nor the
performance of any services by either Party hereunder will be construed to create a joint
venture or partnership between the Parties. For all purposes of these Terms & Conditions
Governing the Use of the TTCM CopyTrade Service and notwithstanding any provision ofthese Terms & Conditions Governing the Use of the TTCM CopyTrade Service to the contrary,
you are an independent third-party and you are not a partner, joint venture partner, or
representative agent of us.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.

50.2

You will not bind nor attempt to bind us any agreement or contract.

50.3.

As an independent third-party, you are solely responsible for all taxes, withholdings, andother statutory or contractual obligations of any sort.

COUNTERPARTS
51.1

These Terms & Conditions Governing the Use of the TTCM CopyTrade Service may be
executed in any number of counterparts, each of which when executed and delivered is an
original, but all of the counterparts together constitute the same document. All counterparts
shall collectively constitute a single agreement and it shall not be necessary in any proof ofthese Terms & Conditions Governing the Use of the TTCM CopyTrade Service to produce or
account for more than one counterpart.

TTCM Traders Capital Limited, a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of theCompanies Act 1981 and registered with the Registrar of Companies under Company number 54135.