ONEQUITY LTD

Client Services Agreement

ONEQUITY LTD
FSA Licence No. SD154

CLIENT SERVICE
AGREEMENT
V1, 06/2023

ONEQUITY LTD

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Client Services Agreement

ONEQUITY LTD (hereafter the “Company”) is a limited liability company incorporated and registered under the
laws of Seychelles, with Company number 810588-1 and a registered address at CT House, Office 9A,
Providence, Mahe, Seychelles. The Company is authorized and regulated by the Financial Services Authority
in Seychelles (“FSA”) under the license number SD154 for the provision of the investment services specified in
this Client Service Agreement (hereafter the "Agreement").

The Client is requested to read the Agreement and make sure it understands the following terms prior accepting
the Agreement and use the Company’s services.

Scope and Application: This Agreement governs the relationship between the Client and the Company and is
electronically executed. The Client is required to accept these terms provided that it has read and agrees with
the terms of the Agreement by checking and/or clicking the respective acceptance checkbox during the Online
Account Opening Procedure which is further explained below.

For the avoidance of any doubt, this Agreement has the same legal effect and confers the same legal rights
upon the parties as if it had been signed. The Client hereby acknowledges and agrees that by completing and
submitting the account opening documentation forms of the Company fully agrees to be abide by and bound by
the terms set out in this Agreement.

Definitions

1. "Account" shall mean a trading account maintained by the Client with the Company;
2. "Applicable Regulations" means the rules of any relevant regulatory authority, the rules of any
relevant exchange, and all other applicable laws and rules in force from time to time including among
others the Securities Act 2007 as amended, the Securities (Conduct of Business) Regulations 2008,
the Securities (Financial Statements) Regulations 2008, the Securities (Advertisements) Regulations
2008, the Securities (Forms and Fees) Regulations 2008, the Securities (Substantial Activity
Requirement) Regulations 2018, the Financial Services Authority Act 2013, the Anti-Money Laundering
Act of 2020 as amended and the Prevention of Terrorism Act 2004 etc.
3. "Authorised Third Party-Representative" shall mean an individual person or legal entity undertaking
a transaction on behalf of another individual person i.e. the Client or legal entity but in his/its own name;
4. "Company’s Website" shall mean the Company’s Website [website link to be added once operational]
5. "CFD Contract" or "CFD" shall mean a contract which is a contract for difference by reference to
fluctuations in the price of the relevant security or index;
6. "Client" shall mean the individual person, legal entity or firm being a customer of ONEQUITY LTD;
7. "Company" shall mean ONEQUITY LTD a limited liability company incorporated and registered under
the laws of Seychelles, with Company number 810588-1. The Company is authorized and regulated by
the Financial Services Authority in Seychelles (“FSA”) under the license number [TO BE ADDED] with
registered address at CT House, Office 9A, Providence, Mahe, Seychelles.
8. "Equity" shall mean the aggregate of (i) the Balance; and (ii) unrealized profit or loss on open positions
(after deduction of any Charges and the application of any Spread on closing of a position);
9. "Financial Instruments" shall mean Contracts for Differences (CFD) on spot Forex, spot precious
metals, futures, shares or any other commodities available for trading;
10. "Margin" shall mean the necessary funds so as to open or maintain open positions in a CFD
Transaction;
11. "Margin Level" shall mean (Equity/ Margin) * 100; it determines the conditions of the Client’s Account.
12. "MTF" means a multilateral system operated by an investment firm or market operator, which brings
together multiple third-party buying and selling interests in financial instruments in the system, in
accordance with non-discretionary rules, in a way that results in a contract.
13. "Quote" shall mean the bid and ask prices at which a Financial Instrument can be bought and sold;

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14. "Underlying Asset" means property of any description (including a currency or currency pair) or an
index or other factor designated in a CFD Transaction to which reference is made to fluctuations in the
value or price for the purpose of determining profits or losses under the CFD Transaction;
15. "Services" shall mean the services to be provided by the Company under this the Agreement;
16. "Spread" means the difference between the lower bid price and higher offer price of a quoted two-way
price for a Financial Instrument;
17. "Regulated Market" shall mean a Regulated Market (RM) is a multilateral system that is operated or
managed by a market operator and that brings together or facilitates the bringing together of multiple
third-party buying and selling interests in financial instruments within the system.
18. "Trading Platform" shall mean any online trading platform made available by the Company under the
Agreement;

1. Services

1.1 The Company shall carry on business as dealing in securities, whether acting as principal or agent for
the following:

a. To make or offer to make an agreement with another legal person to enter into or offer to enter into
an agreement, for or with a view to acquiring, disposing of, subscribing for or underwriting securities
or in any way that effects or causes to effect a securities transaction.

b. Without limiting the generality of the above point, to cause any sale or disposition of or other dealing
or any solicitation in respect of securities for valuable consideration, whether the terms of payment
be on margin, instalment or otherwise or any attempt to do any of the foregoing.

c. To participates as a securities dealer in any transaction in a security occurring upon a securities

exchange.

d. To receive as a securities dealer an order to buy or sell a security which is executed.

e. To manage a portfolio of securities for another Company on terms under which the first mentioned
Company may hold property of the other.

1.2 The services of paragraph 1.1 shall involve transactions in Financial Instruments not admitted to trading
in Regulated Markets or an MTF and are over the counter ("OTC") traded instruments such as CFDs
or any other financial instruments or commodities.

2. Risk Disclosure & Acknowledgment

2.1 It is important for the Client to understand the risks involved before deciding to enter into a trading
relationship with the Company. If the Client chooses to enter into a trading relationship with the
Company, he should remain aware of the risks involved and be able to have adequate financial
resources to bear such risks.

2.2 The financial instruments offered by the Company are high-risk products that are traded on margin and
carry a risk of losing all Client’s initial deposit. These kind of products can fluctuate significantly and
present a high risk of capital loss, therefore these products may not be appropriate or suitable for all
clients and the Client should seek independent advice should he is not able to understand the risks
involved.

2.3 General Risks and Acknowledgements: The Client acknowledges, understands, agrees and accepts
the risks including but not limited:

a. The Company does not and cannot guarantee that funds deposited in the Client’s Account for
trading will not be lost as a result of the Client’s transactions.

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b. The Client acknowledges that, regardless of any information which may be offered by the
Company, the value of any investment in Financial Instruments may fluctuate downwards or
upwards and it is even probable that the investment may become of no value.
c. The Client acknowledges that he/she runs a great risk of incurring losses and damages as a
result of the purchase and/or sale of any Financial Instrument and accepts that he/she is willing
to undertake this risk.
d. The use of historical data does not constitute a binding or safe forecast as to the corresponding
future performance of the Financial Instruments to which the said Information refers.
e. The Client is hereby advised that the transactions undertaken through the dealing services of
the Company may be of speculative nature. Large losses may occur in a short period of time
and may be equal to the total value of funds deposited with the Company.
f. Some Financial Instruments may not become immediately liquid, for example, as a result of
reduced demand and the Client may not be in a position to sell them or easily obtain information
on the value of these Financial Instruments or the extent of the associated risks.
g. When a Financial Instrument is traded in a currency other than the currency of the Client’s
country of residence, any changes in the exchange rates may have a negative effect on its
value, price and performance.
h. A Financial Instrument on foreign markets may entail risks different to the usual risks of the
markets in the Client’s country of residence. In some cases, these risks may be greater. The
prospect of profit or loss from transactions on foreign markets is also affected by exchange rate
fluctuations.
i. The Client should not purchase a Financial Instrument unless he/she is willing to undertake the
risks of losing entirely all the money which he has invested and also any additional commissions
and other expenses incurred.
j. Under certain market conditions (for example but not limited to the following situations: force
majeure event, technical failure, communications network failure, poor or no liquidity, market
news or announcements etc.) it may be difficult or impossible to execute an order.
k. Should the Equity of the Client be insufficient to hold current positions open, the Client may be
called upon to deposit additional funds at short notice or reduce exposure. Failure to do so
within the required time may result in the liquidation of positions at a loss and the Client will be
liable for any resulting deficit.
l. Trading on-line, no matter how convenient or efficient, does not necessarily reduce risks
associated with currency trading.
m. There is a risk that the Client’s trades in Financial Instruments may be or become subject to
tax and/or any other stamp duty, for example, because of changes in legislation or his/her
personal circumstances. The Company does not warrant that no tax and/or any other stamp
duty will be payable. The Client should be responsible for any taxes and/or any other duty which
may accrue in respect of his/her trades.
n. Before the Client begins to trade, he/she should obtain details of all commissions and other
charges for which the Client will be liable. If any changes are not expressed in money terms
(but for example a spread), the Client should ask for a written explanation, including appropriate
examples, to establish what such charges are likely to mean in specific money terms.
o. The Company will not provide the Client with investment advice relating to investments or
possible transactions in investments or make investment recommendations of any kind
specifically to meet the Client’s investment profile. Note that the Company may provide generic
research or information that is contained in the Company’s website or material which shall be
of a general nature and for information purposes only and does not constitute advice or
recommendation to perform any actions with financial products or instruments, or to participate
in any particular trading strategy as well as cannot guarantee any profits. Furthermore, it does
not take into account the Client’s personal circumstances, financial situation or needs therefore
the Client shall seek professional advice, as required. In addition, any past performance is not
a reliable indicator of future performance.

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p. There may be situations, movements and/or conditions occurring at the weekend, at the
beginning of the week or intra-day after the release of the significant macroeconomic figures,
economic or political news that make currency markets to open with price levels that
substantially differ from previous prices. In this case, there exists a significant risk that orders
issued to protect open positions and open new positions may be executed at prices significantly
different from those designated.

3. Account Opening Procedure

3.1 Before opening a new account, the Company provides to the Client via its Website or through an email
or in person with the required information regarding the Company and a copy of this Agreement. After
logging on the website of the Company, the Client will complete and/or receive the application package
which consists of the following: a) account application form, b) relevant information/documents of the
client, c) Client Services Agreement.

3.2 The Company is obligated by the Applicable Regulations to perform KYC and due diligence procedures
in order to verify the identity of each person who registers online via the Company’s Website. For this
purpose, the Company will collect information about the Client such as name, surname, address,
telephone number, email, nationality, date of birth and other details.

3.3 When the Company receives the Client’s completed online application form, it may use the information
to conduct any further enquiries about the Client as the Company determines under the circumstances
and its internal policies and procedures. The Company also carries out additional checks or periodic
reviews. The Client will need to co-operate with the Company and supply the information requested
promptly. The Company relies on the information that it is provided by the Client in the online application
form or otherwise as being correct and not misleading at all times, unless you notify us otherwise in
writing. In particular, the Client must notify the Company as soon as possible in writing if any of the
details provided to us in your application form or if your circumstances have subsequently changed.

3.4 The Company is not to be required (and may be unable under Applicable Regulations) to accept a
person as its Client until all documentation it requires has been received by properly and fully completed
by such person and all internal checks (including without limitation all anti-money laundering customer
identification and due diligence checks) have been duly satisfied. It is further understood that Company
reserves the right to impose additional due diligence requirements to accept Clients residing in certain
countries where the risk of money laundering may be higher. During the customer identification and
due diligence checks the Company shall apply processes to verify the Client’s identity for which
(amongst other things) photo identification information will be required by the Client. In certain
circumstances we may require this information to be authenticated by an appropriate third party. The
Company requires as minimum a government issued Photo identity documents such as a passport,
driving license and/or identity card containing your full name, personal photo, and date of birth, ID
number and expiry date as well as evidence of your residential address, such as a utility bill or bank
statement, for the verification process. The information in these documents should agree with the details
submitted in Client’s application.

3.5 The Company will assess the information received by the Client during the Account Opening Procedure
in order to determine whether the Client is eligible or not in investing and/or operating a trading account
with the Company. The Client’s trading account will be opened following the assessment and
completion of the KYC and due diligence procedure

4. Fees and Charges

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4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges
imposed by third parties during the execution of the services. The Company’s current charges including
spreads, charges, interest and other fees are published on the Company’s website and any alteration
to charges will be notified to the Client via the Company’s website or via the trading platform terminal
or via an email sent to the client’s registered address used during the registration process. By accepting
this Agreement, the Client acknowledges that he has read, understood and is in agreement with the
fees and charges uploaded on the Company’s website. The Client further agrees that the Company is
entitled to change its charges without any consultation or prior consent from the Client.

4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open
a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument
can be viewed by the Client at any time on the Company’s website.

4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred:

Spread
A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you
trade. This cost is realised every time the Client opens and closes a trade.
Commission (applicable only to CFDs on futures and CFDs on shares)
This is the commission the Client pays when he buys and sells a Financial Instrument.

Currency conversion
This is the cost incurred when converting realised profits and losses as well as any costs and charges
that are denominated in a currency other than the base currency of the Client’s Account.

Overnight Funding /Swap (Financing Fee)

This is the swap cost for keeping your position open overnight. The swap cost can be positive or
negative depending of the instrument to be traded. An overnight funding amount is either added to or
subtracted from the Client’s account when holding a position after a certain time.

Trading inactivity
The Client’s account is associated with the cost of maintenance and other regulatory or compliance
requirements so if there are no transactions by the Client for a period of 12 months, the Company has
the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company
may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10, and the
Company reserves the right to charge the said fee annually if there are no transactions by the Client
the preceding 12 months.

4.4 All payments to the Company under this Agreement shall be made in such currency as the Company
from time to time specify to the bank account designated by the Company for such purposes.

4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services
carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration.
Details of such remuneration or sharing arrangements may be available to the Client upon request.

5. Conflict of Interest

5.1 The Company will take all reasonable steps to identify and manage conflicts of interest between itself,
including its managers and employees or other relevant persons as well as any person directly or
indirectly linked to them by control, and their clients or between one client and another, that arise in the
course of providing any of the Services under this Agreement, and to organize and control their internal
affairs responsibly and effectively.

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5.2 The Company will manage conflicts of interest fairly, between itself and its clients, between itself and
its employees and between its customers and to organise and control their internal affairs responsibly
and effectively in accordance with its Conflict of Interest policy which is enclosed in this Agreement
as Annex 1.

6. Inducements

6.1 The Company shall take reasonable steps to ensure that neither it nor any of its employees or agents
either offers or gives, or solicits or accepts, any inducement that is likely to conflict with any duties owed
to its clients. For this purpose, the Company does not receive or pay any fees, commissions or non-
monetary benefits in relation to the provision of the services to or by any third party, except Client,
subject to clause 6.2.

6.2 The Company, may pay and/or receive fees/commission to/from third parties, provided that these
benefits are designed to enhance the quality of the offered service to the Client and not impair
compliance with the Company’ duty to act in the best interests of the Client. An indicative list of
fees/commission to/from third parties which are designed to enhance the quality of the offered service
to the Client and not impair compliance with the Company’ duty to act in the best interests of the Client
may be regulatory levies, legal fees, bank and payment provider fees, liquidity providers’ fees, platform
fees etc.

6.3 A fee, commission or non-monetary benefit should only be paid or received where:

a. It is justified by the provision of an additional or higher level service to the relevant client,
proportional to the level of inducements received
b. It does not directly benefit the recipient firm, its shareholders or employees without a tangible
benefit to the client
c. It is justified by the provision of an on-going benefit to the relevant client in relation to an on-
going inducement

6.4 The Company shall keep records evidencing the fees, commissions or non-monetary benefits paid or
received by the Company which are designed to enhance the quality of the relevant service to the client.

7. Client Money and Transfer of funds

7.1 The Company ensures to promptly place any Client money segregated from the Company’s own
accounts and opened with an approved bank and/or a payment provider that has been assessed by
the Company and/or approved by the Company’s Management. Any Client’s money shall be paid into
a segregated client bank account denoted as "Client" bank account.

7.2 Unless the Client notifies the Company in writing or otherwise, the Company may pass on Client money
or allow another person, such as an exchange, a clearing house or an intermediate broker, to hold or
control Client money where the Company transfers the Client money (a) for the purposes of a
transaction for the Client through or with that person; or (b) to meet the Client’s obligations to provide
collateral for a transaction (e.g. a margin requirement for a derivative transaction). By accepting this
Agreement, the Client gives his consent and authorizes the Company, where applicable, to transfer/hold
his funds in other parties or business partners i.e liquidity providers for settlement purposes. The
Company shall not be liable for the solvency, acts or omissions of any institution with which Client
money are held.

7.3 The third party to whom the Company will pass money may hold it in an omnibus account and it may
not be possible to separate it from the Client’s money, or the third party’s money in which case the

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Client will not have any claim against a specific sum in a specific account in the event of insolvency.
The Company does not accept any liability or responsibility for any resulting losses.

7.4 By entering into this Agreement the Client agrees that the Company will not pay the Client interest on
Client money or any other unencumbered funds.

7.5 Any amounts transferred by the Client to the Client’s bank account will be deposited in the Client’s
Account at the “value date” of the received payment and net of any deduction/charges by the Client’s
bank account providers. In case the Client’s account reaches a stop-out during the processing period
of the deposit, the Company bears no responsibility for any losses suffered.

7.6 The Company acts in accordance with international anti-money laundering regulations and local anti-
money laundering rules thus the transfer of funds and transactions are done based on these rules. For
this purpose, Client’s withdrawals should be made using the same method used by the Client to fund
his Client Account and to the same remitter. The Company reserves the right to decline a withdrawal
with a specific payment method and will suggest another payment method where the Client needs to
proceed with a new withdrawal request, or request further documentation while processing the
withdrawal request. Where applicable, if the Company is not satisfied with any documentation provided
by the Client or if the company has reasonable grounds for suspecting that a Client violates Applicable
regulations, then the Company will reverse the withdrawal transaction and deposit the amount back to
the Client’s Account and the Client will suffer the relevant Client’s bank account provider’s charges.

7.7 By accepting this Agreement, the Client gives his consent and authorizes the Company to make
deposits and withdrawals from the Client’s bank account on the Client’s behalf, including but not limited
to, the settlement of transactions performed by or on behalf of the Client, for payment of all amounts
due by or on behalf of the Client to the Company or any other person.

7.8 The Client acknowledges that in case where a Client’s bank account is frozen for any given period and
for any given reason the Company assumes no responsibility and Client’s funds will also be frozen.

8. Client’s Orders/Instructions & Execution of Orders

8.1 Execution of Orders: It is the Company’s approach to take all sufficient steps to obtain the best
possible result on behalf of its Clients when executing Client orders on Financial Instruments offered
by the Company or receiving and transmitting orders for execution. The Client understands and
acknowledges that the Company will enter into transactions with the Client either as principal
(counterparty) or an agent. The Company will be the contractual counterparty to the Client.

8.2 The Company, when executing orders, will obtain the best possible result for Clients, taking into account
factors like price, costs, speed, likelihood of execution and settlement, size, market impact or any other
consideration relevant to the execution of the order. Where the Company executes an order on behalf
of a Client, the best possible result shall be determined in terms of the total consideration, representing
the price of the financial instrument and the costs relating to execution, which shall include all expenses
incurred by the Client which directly relate to the execution of the order.

8.3 For determining the importance of the execution factors indicated above, the following criteria are also
taken into account:

• The characteristics of the Client

• The characteristics of the Client order;
• The characteristics of Financial Instruments that are the subject of that order;
• The characteristics of the execution venues to which that order can be directed.

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8.4 The Client understands and confirms that all orders received by the Company from the Client are
orders for execution outside a Regulated Market or MTF.

8.5 Client’s Orders/Instructions: Orders may be placed with the Company once the Client gets access
to the Company’s Trading Platform. The Company will be entitled to rely and act on any Order placed
on the Trading Platform without any further enquiry to the Client and any such Orders will be binding
upon the Client.

8.6 The Company’s Buy/ Sell prices for a given CFD are calculated by reference to the price of the relevant
Underlying Asset. Third party reputable external resources (i.e. feed providers) obtain prices (Buy/Sell
prices) of the Underlying Asset for a given CFD .The Company then uses the prices given by the feed
providers to calculate their own tradable prices for a given CFD. The Company adjusts the Spread (i.e.
the difference between the Buy/Sell prices), hence the prices it quotes to Clients compared to the prices
it obtains from third party external reference sources may differ, as they include a Spread adjustment.
The Company provides Quotes by taking into account the Underlying Asset price. The Client
acknowledges that such Quotes will be set by the Company at its absolute discretion.

8.7 Orders can be placed, executed and changed or removed within the trading hours for each CFD showed
on the Company’s Website, as amended from the Company from time to time and if they are not
executed they shall remain effective through the next trading session (as applicable). The Company
shall not be obliged to arrange for the execution of the Client’s orders in respect of any CFD out of
normal trading hours which appear on the Company’s Website.

8.8 If any tradable instrument becomes subject to possible adjustments, the Company will determine the
appropriate adjustment, if any, to be made to the opening/closing price, size, value and/or quantity of
the corresponding transaction. The determination of any adjustment or amendment to the
opening/closing price, size, value and/or quantity of the Transaction (and/or the level or size of any
order) shall be at the Company’s sole discretion and shall be conclusive and binding upon the Client.
The Company shall inform the Client of any adjustment or amendment via its internal mail as soon as
is reasonably practicable.

8.9 During the occurrence of a manifest error i.e. a manifest or obvious misquote by the Company, or any
market, liquidity provider or official price source on which the Company has relied in connection with
any transaction, having regard to the current market conditions at the time an order is placed as the
Company may reasonably determine, the Company may amend the details of affected transactions to
reflect what the Company reasonably determines as correct and fair and/or declare any or all affected
transactions as void.

8.10 During periods of abnormal Market (Volatile) Conditions, during news announcements, on opening
gaps (trading session starts), or on possible gaps where the Reference Asset has been suspended
or restricted on a particular market, Buy/Sell Stop and Stop Loss orders may not be filled at
requested/declared price but instead at the next best available price. In such case, Take Profit orders
below/above Buy Stop/Sell Stop orders or Stop Loss orders above/below Buy Stop/Sell Stop orders
during activation will be removed. The same applies when a trading strategy is deemed as abusive,
because it is aiming towards potential riskless profit or another strategy deemed by the Company to
be abusive. Accordingly, placing a Stop Loss order will not necessarily limit the Client’s losses at the
intended amount.

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9. Margin/Leverage Level

9.1 The Margin/leverage levels applicable to the different products offered by the Company can be found
on the Company’s Website at [URL to be added]. If at any time the Equity falls below a certain
percentage of the required Margin, specified on the Website, the Company has the right to close any
or all of the Client’s open positions without the Client’s consent or any prior written notice to him. The
Client will be informed about the closure of its position through electronic means should the equity falls
below the required margin.

The Client is responsible to monitor its account balance and keep sufficient funds in its Account in order
for its open positions to remain unaffected. The Company shall have the right, but not the obligation, to
start closing Client’s open positions starting from the most unprofitable, when the Margin is less than
100% of the Margin requirement. In the case where the Margin is equal to or less than 50% of the
Margin requirement, then Client’s positions shall be automatically closed, starting from the most
unprofitable, at the prevailing market price.

9.2 Margin or leverage Level may be set and varied without prior notice from time to time in the Company’s
sole and absolute discretion in order to cover any realised or unrealised losses arising from or in
connection with transactions, including subsequent variation of any Margin rates set at the time
transactions are opened. The Client can request to change his account leverage at any time by
contacting the Company.

9.3 On every Friday and between the hours of 21:00 till 24:00 (GMT+3) and occasionally before the release
of major economic news, the Company may maintain a maximum leverage on remaining instruments
other than FX for any new positions opened during such period which such requirement, if any, will be
disclosed in the Company’s website.

10. Decline of Client’s Orders and Instructions

10.1 The Company is entitled to decline or refuse to transmit or arrange for the execution of any order in
any of the following cases as applicable:

a. under abnormal market conditions;

b. If the Client’s free Margin is less than the required Margin or there are no available cleared
funds deposited in the Client Account to pay all the charges of the particular order;
c. it is impossible to proceed with an order regarding the size or price or the proposed Transaction
is of such a size (too small or too large), that the Company does not wish to accept that order
or the Company believes that it will not be able to hedge the proposed transaction or it is
impossible for the order to be executed due to condition of the relevant market;
d. where the Company suspects that the Client is engaged in money laundering activities or
terrorist financing or other criminal acts;
e. in consequence of request of regulatory or supervisory authorities or a court order;
f. where the legality or genuineness of the order is under doubt;
g. there is absence of essential detail of the order or the order is not clear or has more than one
interpretation;
h. a Quote is not obtained from the Company or the Quote obtained by the Company is an
indicative Quote or the Quote is the result of manifest error or Quote is an error Quote;
i. internet connection or communications are disrupted;
j. a Force Majeure Event has occurred;
k. the Company has sent a notice of termination of this Agreement to the Client;
l. the Client has failed to meet the minimum Margin requirement;

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11. Transaction Settlements and Confirmations

11.1 The Company will proceed with transaction settlements upon execution, in accordance with the
normal practice for the Financial Instrument or the relevant market rules. The Company will provide
the Client with an online access to his Client Account via the Trading Platform, which will provide him
with sufficient information on among others order(s) status.

11.2 The Client understands that transaction confirmations are available via the Trading Platform and he
will be able to access account information through the Trading Platform. Through the Trading Platform
the Client may view its balance as well as all of its account activity. The Client will also be able to
generate daily, monthly and yearly reports of account activity as well as a report of each executed
trade. Updated account information will be available no later than 24 hours after any activity takes
place on the Client’s Account. At all times, Client’s account information will include, and is not limited
to, trade confirmations with ticket numbers, purchase and sales rates, Margin, amount available for
trading as well as current open and pending positions.

12. Trading Platform usage

12.1 The Client shall enter his user ID and password ("Codes") registered during the online account
opening procedure when logging on to the Company’s Trading Platform. The Client should notify the
Company without undue delay on becoming aware of unauthorized use of the Trading Platform, or if
the Client suspects that the password has been misappropriated by a third party.

12.2 The Client shall take all necessary precautions to ensure the confidentiality of all information,
including, but not limited to, the Codes to the electronic systems, Transaction activities, account
balances, as well as all other information and all orders. The Client shall be solely responsible for all
orders and the accuracy of all information sent via the internet using its Codes. The Client
acknowledges that the Company bears no responsibility in the case that the Codes are used in an
unauthorized manner by any third party.

12.3 The Company shall not be responsible for losses resulting from the Client's installation and use of the
computer programs used on the Trading Platform, unless such liability follows from indispensable
rules of law. Where the Trading Platform is used by the Client, it shall be responsible for ensuring that
the Trading Platform is adequately insured against direct and indirect losses which may result from
the installation and use of the computer programs in the Client's computer system. Furthermore, the
Client shall be obliged to make backup copies of data which, should such data be lost, might result in
losses for the Client.

12.4 When using the Company’s platform, the Client shall:

• run such tests and provide such information to us as we shall reasonably consider necessary to
establish
• ensure that the system and/or hardware equipment used by the Client satisfies the requirements
notified by us to you from time to time;
• carry out virus checks on a regular basis;
• inform us immediately of any unauthorized access to its system or instruction which the Client
know of or suspect and, if within its control, cause such unauthorized use to cease; and
• not at any time leave the terminal from which the Client have accessed the trading platform or let
anyone else use the terminal until he has logged off the trading platform.

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12.5 To the extent permitted by Applicable Regulations, the Company shall not be liable for:

a. any loss, expense, cost or liability (including consequential loss) suffered or incurred by the
Client as a result of instructions being given, or any other communication being made via the
internet or other electronic media; the Client shall be solely responsible for all orders, and for
the accuracy of all information, sent via such electronic media; and

b. any loss or damage that may be caused to any equipment or software due to any viruses,
defects or malfunctions in connection with the access to, or use of, the electronic systems.

12.6 If the Client wants to use a third party software application to provide trading signals or advice or other
trading assistance like an “expert advisor” or a hosting environment allowing for real-time access to
the Client’s Account, the Company and its third party suppliers or licensors make no warranties or
representations of any kind, whether expressed or implied for the service it is providing. The Company
and its third party suppliers or licensors also disclaim any warranty of merchantability or fitness for
any particular purpose and will not be responsible for any damages that may be suffered by the Client,
including loss of funds, data, non-deliveries or service interruptions by any cause or errors or
omissions by the Client. The Client’s use of any information obtained by way of an expert advisor used
in conjunction with a hosting environment or otherwise is at the Client’s own risk, and the Company
and its third party suppliers specifically disclaim any responsibility for the accuracy or quality of
information obtained through its services. Connection speed represents the speed of an end-to-end
connection. The Company and its third party suppliers or licensors do not represent or guarantee the
speed or availability of end-to-end connections. The Company and its third party suppliers or licensors
shall not be subject to any damages or liability for any errors, omissions or delays therein including
unavailability. The licensed products and all components thereof are provided on an “as is” basis and
are separate and distinct from the services provided under this Agreement. Where the Company
believes that a Client is using additional functionalities /plug-ins where it affects the reliability and/or
smooth and/or orderly operation of the electronic systems the Company has the right to suspend or
terminate the Client’s Account.

12.7 The Company makes every effort to deliver high quality products. However, we do not guarantee that
our products are free from defects. Our software is provided “as is” and the Client uses the web
platform at his own risk. The Company makes no warranties as to performance, fitness for a particular
purpose, or any other warranties whether expressed or implied. No oral or written communication from
or information provided by the Company shall create a warranty. Under no circumstances shall the
Company be liable for direct, indirect, special, incidental, or consequential damages resulting from the
use, misuse, or inability to use this software, even if the Company has been advised of the possibility
of such damages.

12.8 The Client understands that the use of the Trading Platform including each Transaction the Client
complete thereto will not violate any law, ordinance, charter, by-law or rule applicable to him or any
agreement by which the Client is bound or by which any of the Client’s assets are affected;

13. Market Abuse

13.1 The Client acknowledges that he will not enter into any transaction which falls within the definition of
market abuses of Seychelles Securities Act 2007 as amended. This rule applies to all forms of market
abuse such as insider trading (an abusive exploitation of privileged confidential information), the
misuse of information and directors trading in shares of their own companies;

13.2 If the Company suspects or has reasonable grounds to believe that the Client has been engaged into
an abusive behavior as indicated above the Company reserves the rights to void and/or cancel part

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or all Client’s abusive trading transactions, close all and any of the Client’s trading accounts and
terminate this Agreement under s.21.

14. Third Party Authorisation

14.1 The Client has the right to use a power of attorney to authorise a third person "Representative" to act
on behalf of the Client in all business relationships with the Company as defined in this Agreement.
The power of attorney should be provided to the Company accompanied by all identification
documents of the representative and/or any other documentation requested by the Company. If there
is no expiry date, the power of attorney will be considered valid until the written termination by the
Client.

14.2 The Client further ratifies and accepts full responsibility and liability for all instructions given to the
Company by the Representative (and for all transactions that may be entered into as a result) and will
indemnify (fully compensate or reimburse) the Company and keep the Company indemnified against
any loss, damage or expense incurred as a result of acting on such instructions. This indemnity shall
be effective irrespective of the circumstances giving rise to such loss, damage or expense, and
irrespective of any knowledge, acts or omissions of the Company in relation to any other account held
by any other person or body with the Company.

14.3 The Client agrees to further indemnify the Company (fully compensate and reimburse) for any loss,
damage or expense incurred as a result of the Company acting on instructions of the Representative
outside the scope of the Representative authority or the Representative’s breach of any term of their
appointment.

15. Introducing Brokers and Affiliates

15.1 The Client may have been recommended by an introducing broker or an affiliate based on a written
agreement with the Company subject to the Applicable regulations.

15.2 The Company may pay a fee/commission to introducing brokers and/or affiliates based on a written
agreement. The Company has the obligation and undertakes to disclose to the Client, upon his
request, further details regarding the amount of fees/commission or any other remuneration paid by
the Company to introducing brokers or affiliates.

15.3 The Company shall not be liable for any type of agreement that may exist between the Client and the
introducing broker or affiliate or for any additional costs as a result of this Agreement.

15.4 The Client acknowledges that the introducing broker or affiliate is not a representative of the Company.

16. Privacy and Data Protection rules

16.1 The Company is committed to protecting the privacy of all personal information that it obtains from the
Client and hereby lists how and why the Company collects, use, disclose and protect the Client’s
personal information.

16.2 Purpose of data collection: The Company Collects Client’s personal information in order to provide
the Client with its products and services and to establish and manage the Client’s account. By
collecting Client’s information, the Company will be able to monitor and improve the services it offers
to its existing and potential clients.

16.3 The Company will collect and process the following personal information about the Client:

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Client Services Agreement

• Personal information provided during account opening procedure when the Client fills the
application or other forms on the Company’s website. The information may include the Client’s
name, address, contact details, financial information about your income and wealth,
professional and employment details, trading history and other personal information.
• Information about the Client’s use of this website and the Company’s platform. This
information may include site areas visited, pages viewed, frequency and duration of visits
• Subject to Applicable Regulations, the Company will monitor and record the Client’s calls,
emails, text messages and other communication for regulatory compliance, crime prevention
and detection, to protect the security of communications systems and procedures, for quality
control and staff training etc. The Company will also monitor activities on the Client’ account
where necessary for these reasons and this is justified by the Company’s legitimate interests
or legal obligations.

16.4 Usage of Information: The Company may use information for the following purposes (list not
exhaustive):

• Provision of the Services under this Agreement

• For KYC and due diligence purposes i.e verification of identity
• For maintenance and management of the Client’s account as well as administration of the
services provided to the Client
• Communication with the Client when necessary or appropriate
• Compliance with legal and regulatory requirements

16.5 Share of Information: The Company may share Client’s personal information with business partners
and suppliers with whom the Company may have outsourced certain of business functions or
cooperating with. Personal data collected by the Company may be transferred or disclosed to third
party contractors, subcontractors, for the purposes for which the Client has submitted the information
i.e agreements with Service Providers.

16.6 It is the Company’s policy to disclose information to third parties under the following circumstances:

• As required by Applicable Regulations, statute, rule, regulation or professional standard,

search warrant or other legal process
• For regulatory compliance purposes
• When explicitly requested by the Client
• Or otherwise as set out in this section

16.7 In order for the Company to provide services to its Clients, the Company may be required to transfer
the Client’s personal information to parties located in countries which may not have an equivalent
level of data protection laws as in the Seychelles. Where this is the case we will take reasonable steps
to ensure the privacy of the information. The Client acknowledges and understands that by submitting
its personal information to the Company agrees to the aforesaid transfer, storage and processing of
the information.

16.8 If the Client wishes to withdraw its consent to the use of information, rectify a personal information or
request the provision or deletion of information held by the Company related to itself, he may submit
its request at the email address [ Email Address to be added].

17. Force Majeure

17.1 In case of a force majeure event as listed below (list not exhaustive), the Company shall not be liable
for any failure to provide the Services under this Agreement, beyond its control:

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Client Services Agreement

a. Government actions, war or hostilities, acts of terrorism, national emergency,

b. Act of God, earthquake, tsunami, hurricane, typhoon, accident, storm, flood, fire, epidemic or
other natural disasters;
c. Labour disputes and lock-out which affect the operations of the Company;
d. Suspension of trading on a Market, or the fixing of minimum or maximum prices for trading on
a Market, a regulatory ban on the activities of any party (unless the Company has caused that
ban), decisions of state authorities, governing bodies of self-regulating organizations,
decisions of governing bodies of organized trading platforms;
e. Breakdown, failure or malfunction of any electronic, network and communication lines (not due
to the bad faith or wilful default of the company and hacker attacks;
f. Any event, act or circumstances not reasonably within the Company’s control and the effect of
that event(s) is such that the Company is not in a position to take any reasonable action to
cure the default;
g. The suspension, liquidation or closure of any market or the abandonment or failure of any
event to which the Company relates its Quotes, or the imposition of limits or special or unusual
terms on the trading in any such market or on any such event;
h. The failure of any relevant supplier, financial institution intermediate broker, liquidity provider,
agent or principal of the Company, custodian, sub-custodian, dealer, exchange, clearing house
or regulatory or self-regulatory organisation, for any reason, to perform its obligations.

17.2 If the Company determines reasonably that a force majeure event exists (without prejudice to any
other rights under the Agreement) the Company may without prior notice and at any time proceed with
the following actions:

a. increase Margin requirements without notice;

b. decrease leverage;
c. close out any or all open positions at such prices as the Company considers in good faith to
be appropriate;
d. refuse to accept orders from Clients;
e. determine at its discretion the quotes and spreads that are executable through the Company’s
Trading Platform;
f. suspend or modify the application of any or all terms of the Agreement to the extent that the
force majeure event makes it impossible or impractical for the Company to comply with them;
g. take or omit to take all such other actions as the Company deems to be reasonably appropriate
in the circumstances with regard to the position of the Company, the Client and other clients;

18. Complaints Procedure

18.1 If the Client has any cause for complaint in relation to the services provided by the Company, he
should file a complaint as per the Company’s Complaint Handling policy which is available on the
Company’s website.

18.2 The Client may register a complaint by completing the Complaint Form using any of the following
options:
• Email: [email protected]
• Postal Address: ONEQUITY LTD
CT House, Office 9A, Providence, Mahe, Seychelles.

18.3 The Company’s Complaints Handling Policy accompanied with the relevant complaint form which
has to be filed by the Client in case he has a complaint with the Company is enclosed as Annex 2 in
this Agreement.

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Client Services Agreement

19. Representations and Warranties

19.1 The Client represents and warrants to the Company the following:

a. The Client is over 18 years’ old;

b. The information provided by the Client to the Company in the account opening application
form and at any time thereafter is true, accurate and complete, and at any time there is a
change to the Client personal data, the client will ensure that this data is updated and
accurate, and the documents are valid and authentic;
c. The Client is duly authorised to enter into this Agreement and has the capacity;
d. Any actions conducted by the Client under this Agreement will not violate any law or rule
applicable to the Client or to the jurisdiction in which the Client is resident, or any agreement
by which the Client is bound or by which any of the Client’s assets or funds are affected;
e. The Client has read and fully understood and undertakes to comply with the terms of this
Agreement;
f. The Client funds are not in any direct or indirect way the proceeds of any illegal activity or
used or intended to be used for terrorist financing;
g. There is no pending or, to the best of the Client’s knowledge, any legal proceeding before any
court, arbitration court, governmental body, agency or official likely to affect, the legality,
validity or enforceability against him of this Agreement;
h. Any information which the Client provides to the Company will not be misleading and will be
true and accurate in all material respects;
i. There are no restrictions, conditions or restraints by Central Banks or any governmental,
regulatory or supervisory bodies, regulating Client’s activities, which could prevent or
otherwise inhibit the Client entering into, or performing in accordance with this Agreement
and/or under any transaction which may arise under them;
j. The Client is not entering into any transaction unless he has a full understanding of all of the
terms, conditions and risks involved;

20. Communication and Notices

20.1 Any notice, instruction, request or other communication to be given to the Company by the Client
under the Agreement shall be in writing and shall be sent to the Company’s email address at [Email
to be added].

21. Account Closing Procedure

21.1 Account Closing Procedure: Either party can terminate this Agreement by giving seven (7) business
days’ written notice to the other party. Following the notice, the Client should close all open positions.
In the case where the Client has open positions during the termination notice period, then the
Company reserves the right not to accept any new Transaction orders and the Company shall have
the right to close all of the Client's open positions on expiry of the notice period to the extent the Client
has not already done so. Upon termination of this Agreement, the Company shall be entitled to cease
the access of the Client to the Trading Platform.

21.2 The Company is entitled to close all open positions and terminate this Agreement immediately without
giving prior written notice in the following cases:

• The Client fails to comply with any obligation to make any payment when due under this
Agreement;
• There are reasonable grounds to believe that the Client is in breach of this Agreement;
• The Client activity might be a violation of any Applicable Regulations;

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• The Client dies, becomes or is adjudged to be of unsound mind, is or becomes unable to pay
his debts as they fall due, is or becomes bankrupt or insolvent within the meaning of any
insolvency law or any suit, action or proceeding is commenced for any execution of all or any
part of the property, undertaking or assets of the Client;
• The Client commences a voluntary case or other procedure, or there is an involuntary case or
other procedure or other similar procedure under any insolvency law.

21.3 The Company may terminate this Agreement immediately without giving prior written notice, and the
Company have the right to reverse and/or cancel all previous Transactions on a Client’s account, in
the following cases:

• The Client involves the Company directly or indirectly in any type of fraud, in which it places the
interests of Company and/or the Company’s clients at risk prior to terminating this Agreement.
• The Client’s trading activity adversely affects in any manner the reliability and/or smooth
operation and/or orderly functioning of the Trading Platform.

21.4 Following termination, the Company and the Client undertake to fulfil and complete all obligations
derived from this Agreement and this Agreement shall continue to bind both parties in regards to the
existing commitments or any contractual commitments which were intended to remain in force. The
Company is entitled to deduct all amounts due to it before transferring any credit balances on any
Account to the Client. If there are no amounts due to the Company by the Client, the Company shall
immediately transfer to the Client the Client’s funds in its possession, providing that the Company
shall be entitled to keep such Client’s assets as necessary, to pay any actual, pending or contingent
obligations or liabilities of the Client.

22. Cancellation Procedure

22.1 The Client has a period of 14 calendar days from acceptance of this Agreement to withdraw from this
Agreement provided that the Client has not been engaged or involved in any transaction with the
Company. This right of withdrawal or cancellation shall not apply following any transaction executed
under this Agreement which will thereafter remain binding upon you and the procedure indicated in
clause 21 above applies.

23. Company Liability

23.1 Nothing in this Agreement excludes or limits the Company’s liability for any matter that cannot be
excluded or limited under Applicable Regulations.

23.2 The Company will not be liable to the Client for any loss which arises as a result of:

a. The Company’s compliance with, or the exercising of any of the Company’s rights in
accordance with, Applicable Regulations or this Agreement;
b. The Client’s negligence, fraud or breach of this Agreement or Applicable Regulations;
c. Any abnormal market condition or force majeure event;
d. any delays, delivery failures, or failures in transmission of any order or any other
communication or any other loss or damage resulting from the transfer of data over mobile or
other communications networks and facilities outside of of the Company’s control.
e. Any features, market data or third party content available on the Company’s Website,
Platform or e-mails, are provided on an "as is" and "if available" basis.

23.3 Neither the Company nor the directors, officers, servants, agents or representatives of the Company
shall be liable to the Client (except in the case of fraud) for any consequential, indirect, special,
incidental, punitive or exemplary loss, liability or cost which the Client may suffer or incur arising from

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the act of omissions of the Company under this Agreement regardless of how such loss, liability or
cost was caused and regardless of whether it was foreseeable or not. For the purposes of this
paragraph, a loss, liability or cost includes any loss, liability or cost (as appropriate) arising from the
Client being unable to sell Financial Instruments where the price is falling, or from not being able to
purchase Financial Instruments where the price is rising, or from being unable to enter into or complete
another trade which requires him to have disposed of or purchased the Financial Instruments or any
other loss, liability or cost arising as a result of loss of business, profits, goodwill or data and any
indirect, special, incidental, consequential, punitive or exemplary loss, liability or cost, whether arising
from negligence, breach of contract or otherwise and whether foreseeable or not.

23.4 For the avoidance of doubt, the Company’s third party providers are not responsible for and have not
participated in the determination of the Company’s prices and they exclude all warranties,
undertakings or representations (either express or implied) relating to the Client’s use of the
Company’s Platform or the Company’s Website. Without limiting the foregoing, in no event whatsoever
shall the Company’s third party providers be liable for any loss, regardless of whether they are aware
of such loss and whether such liability is based on breach of contract, tort or otherwise.

23.5 Save in the event of the Company’s negligence, willful default or fraud, the Company will not be liable
for any loss or damage caused by a hacker’s attack, viruses or other technologically harmful material
that may infect your computer equipment, computer programs, data or other proprietary material due
to your use of the Company’s Platform or Website or to the Client’s downloading of any material
posted on it, or on any website (including our Website) linked to it.

24. Severability

24.1 Should any part of this Agreement be held by any court of competent jurisdiction to be unenforceable
or illegal or contravene any of the Applicable Regulations, that part will be deemed to have been
excluded from this Agreement and this Agreement will be interpreted and enforced as though the
provision had never been included and the legality or enforceability of the remaining provisions of the
Agreement shall remain unaffected.

25. Miscellaneous

25.1 The Company may at any time and without notice to the Client set-off any liability under this
Agreement or any other agreement entered into between the parties and between any account(s) of
the client (whether actual or contingent, present or future). The Company can off-set any owed
amounts using any account the Client maintains with the Company to the extent permissible.

25.2 This Agreement may be amended from time to time and after the relevant changes are approved by
the FSA the Company shall notify the Client of the relevant amendment or about the updated
Agreement either in writing or through the Company’s Website.

25.3 In the event of the death or mental incapacity of the Client, all funds held by the Company, will be for
the benefit of the legal heirs of the Client ,should this is verified, and the legal heirs request for the
withdrawal of the remaining balance in the deceased client’s account. At the order of the legal heirs
and presentation of official legal documents from the applicable governmental authorities in the
jurisdiction of the deceased client, and upon checking the said documents, the Company shall make
the decision whether to allow such withdrawal. All obligations and liabilities owed to the Company in
connection with the deceased client account will be set off from the client’s account and no repayment
will be required to be made by the legal heirs.

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26. Governing Law and Jurisdiction

26.1 This Agreement is governed by the Laws of Seychelles.

26.2 The Competent Courts for all disputes and controversies arising out of or in connection with the
Agreement shall be the Courts of Seychelles.

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Annex 1- Conflicts of Interest Policy

Introduction

The purpose of this Conflicts of Interest Policy (“the Policy”) is to outline a suitable approach and response to
the identification and management of conflicts of interest. ONEQUITY LTD (the “Company") will take all
reasonable steps to identify conflicts of interest between itself, including its managers, employees or any person
directly or indirectly linked to the Company by control and its clients or between one client and another that arise
in the course of providing any investment services.

The Company maintains and operates effective organisational and administrative arrangements to prevent and
manage conflicts of interest that may arise during the provision of any investment services, from adversely
affecting the interests of its clients. In case where, the aforementioned arrangements are not sufficient to ensure,
with reasonable confidence, that the risks of damage to the interests of the clients will be prevented, the
Company shall clearly proceed with the disclosure of such conflict. The said disclosure shall be done in a
durable medium indicating the general nature and source of conflicts of interest, the risks to the client with
sufficient details so as to allow the client to take an informed decision with the regards to its investment as well
as the steps taken to mitigate such risks.

The Company has the right to amend the current Policy at its discretion and at any time it considers is suitable
and appropriate. The Company shall review and amend the current policy at least on an annual basis to take
account of changes to operations or practices and, further, to make sure it remains appropriate to any changes
in law, technology and the general business environment.

Identification of potential conflicts of interest

To adequately manage conflicts of interest, the Company shall identify all relevant conflicts timeously. The
Company will employ different mechanisms to ensure that all conflicts are identified.

The Company shall identify all conflicts of interest, their severity and document controls to mitigate the conflicts.
It is not possible to list all situations which could constitute a conflict. The facts of each situation will determine
whether the interest in question is such as to bring it within the area of potential conflict.

All employees, including management, will be responsible for identifying specific instances of conflict and
required to notify the Compliance function of any conflicts they become aware of. The Compliance Officer (CO)
will assess the implications of the conflict and how the conflict should be managed in conjunction with the board.
In the case where a specific incident to be reported concerns the CO, the notification shall be made to the
Company’s Representative Officer.

For the purposes of identifying the types of conflicts of interest that arise in the course of providing investment
services and whose existence may damage the interests of a client, the Company takes into account, by way
of minimum criteria, the question of whether the Company or a relevant person, or a person directly or indirectly
linked by control to the Company, is in any of the following situations, whether as a result of providing investment
services or activities:
• The Company or a relevant person is likely to make a financial gain, or avoid a financial loss, at the
expense of the client;
• The Company or a relevant person has an interest in the outcome of a service provided to the client or
of a transaction carried out on behalf of the client, which is distinct from the client's interest in that
outcome;
• The Company or a relevant person has a financial or other incentive to favour the interest of another
client or group of clients over the interests of the client;
• The Company or a relevant person carries on the same business as the client;

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• The Company or a relevant person receives or will receive from a person other than the client, an
inducement in relation to a service provided to the client, in the form of monies, goods or services, other
than the standard commission or fee for that service;

For the purpose of this Policy, a “relevant person”, in relation to the Company means any of the following:
• a director, partner or equivalent, manager, or tied agent of the Company;
• a director, partner or equivalent, or manager of any tied agent of the Company;
• an employee of the Company or of a tied agent of the Company, as well as any other natural person
whose services are placed at the disposal and under the control of the Company or a tied agent of the
Company and who is involved in the provision by the Company of investment services and activities;
• a natural person who is directly involved in the provision of services to the Company or tied agent under
an outsourcing arrangement for the purpose of the provision by the Company of investment services
and activities.

Managing conflicts of interest

The Company has established suitable and adequate internal procedures for minimising any potential conflicts
of interest. The Company maintains a compliance department that is an independent unit within the Company.
Among the duties of the Compliance Officer is to monitor any possible deviation from the Company’s internal
policies and procedures as well as identifying and managing any possible conflicts of interest. Once a conflict
has been identified it needs to be appropriately and adequately managed. The Compliance function will assess
each conflict and determine if the conflict is actual or perceived and what the value of the conflict or exposure
is and the potential reputational risk. Compliance will then decide whether it is viable to go ahead with the
transaction or if the conflict is too severe. If Compliance decides that the particular conflict can be mitigated,
then controls to manage the conflict should be put in place and documented.

The Company will manage conflicts of interest fairly, between itself and its clients, between itself and its
employees and between its customers and to organise and control their internal affairs responsibly and
effectively.

The Company and its employees should act as per the principle of placing clients’ interests before self-interests
and Company’s interests in order to avoid conflicts of interest in the fulfilment of professional activities on the
securities market. To ensure client’s fair treatment, the Company will introduce the following procedures:
• The Company shall avoid any conflict of interest with clients and, where such a conflict unavoidably
arises, ensure fair treatment to the client by complete disclosure or by declining to act.
• Employees are also prohibited to keep investor accounts in other Brokers without Company’s prior
authorization and are obliged to bring this to Company’s attention. They are also obliged to authorize
the Company to directly request transaction reports from the other Brokers.
• If the Company has a material interest in a transaction to be entered into with or for a client, or a
relationship which gives rise to a conflict of interest in relation to the transaction, the Company shall not
knowingly either advise, or deal in the exercise of discretion, in relation to that transaction. The only
exception is when the Company has fairly disclosed that material interest or relationship, as the case
may be, to the client or the client has taken reasonable steps to ensure that neither the material interest
nor relationship adversely affect the interests of the client.
• There is a clear distinction between the different departments’ operations as these are described in the
Company’s IOM.
• The Company shall be informed promptly of any personal transaction entered into by a relevant person,
either by notification of that transaction or by other procedures enabling the Company to identify such
transactions. In the case of outsourcing arrangements, the Company shall ensure that the Company to
which the activity is outsourced maintains a record of personal transactions entered into by any relevant
person and provides that information to the Company promptly on request.

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• A person shall be replaced by another person in his/her duties only prior consent of the Compliance
Officer and approval by the Representative Officer. Such a consent will be given by the Compliance
Officer after all issues of possible conflict of interest have been reviewed.
• The security features of the Company’s software prevents unauthorized access to sensitive information
in order to benefit the Company over its clients or one client over another.
• The Company’s employees are prohibited from investing in securities for which they have access to
non-public or confidential information.
• Transactions by the Company’s employees are neither performed nor executed by themselves, but by
another member of staff of the Company concerning account opened with the Company.
• A record shall be kept of the personal transaction notified to the Company or identified by it, including
any authorization or prohibition in connection with such a transaction.
• The Company must take reasonable steps to ensure that neither it nor any of its employees or agents
either offers or gives, or solicits or accepts, any inducement that is likely to conflict with any duties owed
to its clients.
• No employee shall either knowingly or recklessly make a statement, promise or forecast that is
misleading, false or deceptive to any customer or conceal material facts at any time.

More specifically, the Company states some of the policies and procedures that it has implemented for
managing possible conflicts of interest below:
• Effective procedures to prevent or limit any person from exercising inappropriate influence over the way
in which a relevant person carries out investment services or activities.
• The separate supervision of relevant persons whose principal functions involve carrying out activities
on behalf of, or providing services to, clients whose interests may conflict, or who otherwise represent
different interests that may conflict, including those of the Company.
• Measures to prevent or control the simultaneous or sequential involvement of a relevant person in
separate investment services or activities where such involvement may impair the proper management
of the conflicts of interest.
• The removal of any direct link between the remuneration of relevant persons principally engaged in one
activity and the remuneration of, or revenues generated by, different relevant persons principally
engaged in another activity, where a conflict of interest may arise in relation to those activities.
• Measures to prevent or control the exchange of information between relevant persons engaged in
activities involving a risk of a conflict of interest where the exchange of that information may harm the
interests of one or more clients.

The procedures followed and measures adopted in the Policy include the following, as are necessary and
appropriate for the Company to ensure the requisite degree of independence:
• No relevant person may purchase or sell a security or cause the purchase or sale of a security for any
account while in possession of inside information relating to that security.
• No relevant person may recommend or solicit the purchase or sale of any security while in possession
of inside information relating to that security.
• No relevant person may purchase or sell or cause the purchase or sale of a security for an employee
or employee-related account or a proprietary account of the Company or an account over which an
employee exercises investment discretion, while in possession of proprietary information concerning a
contemplated block transaction in the security or for a customer account when such customer has been
provided such information by any relevant person.
• Procedures set for regular review and monitoring of the execution arrangements with the execution
venue, hedging/ liquidity or price providers as well as on a continuous basis.
• Procedures in regards to the monitoring of access to electronic data.
• Relevant persons engaged in research activities should not discuss unreleased information, opinions,
recommendations, or research analysis in progress with Company associated persons engaged in

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sales activities, or any person within or outside the Company who does not have a valid business need
to know the information.
• Establishment of an ongoing monitoring program based on which regular checks are conducted for the
assessment of the Company’s procedures, policies and internal controls.
• The Company may distribute marketing communication to its clients, only if the said communication is
reviewed and approved by the Compliance Officer prior to distribution. The Compliance Officer also
ensures that such communication have the appropriate disclosure statement as well as meeting the
relevant definition of marketing communication.
• The four-eye principle is implemented to avoid any abuse of position.
• In order to minimize the relevant person’s own transactions personal account dealing restrictions are in
place.

The Company is committed to having an effective and appropriate compliance culture to enable it to deal with
any new potential conflicts of interest which may arise in the future. The Company’s employees are therefore
required to monitor any new circumstances giving rise to potential conflicts of interest and to implement
appropriate measures to address these.

For the purpose of this Policy, a “personal transaction” is considered a trade in a financial instrument effected
by or on behalf of a relevant person, where at least one of the following criteria are met:
• the relevant person is acting outside the scope of the activities he carries out in his professional
capacity;
• the trade is carried out for the account of any of the following persons:
o the relevant person;
o any person with whom he has a family relationship, or with whom he has close links;
o a person in respect of whom the relevant person has a direct or indirect material interest in the
outcome of the trade, other than obtaining a fee or commission for the execution of the trade.

Segregation of Company’s assets from clients’ assets

The Company shall maintain separate accounting records between its own assets and those of its clients to
facilitate the protection of clients’ assets and the prevention of the use of customer assets by the Company or
by other third parties so as to minimize the risk of the loss or diminution of client assets, or of rights in connection
with those assets, as a result of misuse of the assets, fraud, poor administration, inadequate record-keeping or
negligence. In addition, the Company has legally secure segregation of clients’ assets from the Company’s
assets in case the Company becomes bankrupt. For this purpose, the Company maintains separate books and
accounting records for each client.

Forbidden Business Practices

The Company shall prohibit those business practices which in the regular course of events might give rise to
conflicts of interest. The following business practices shall indicatively be forbidden:
• The provision to clients of investment services for the purpose of influencing the price of financial
instruments for the benefit of the Company or for the benefit of any relevant persons, or of Company’s
clients in general, especially with regard to transactions that the Company or relevant persons intend
to carry out prior to or after the provision of the service.
• The use by the Company or by its relevant persons of information regarding client transactions, for the
benefit of the Company, and the disclosure of such information to third parties.

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• Dealing by the Company itself or by any relevant persons in financial instruments in respect of which
the Company has drawn analysis reports or has made research findings prior to the publication of the
respective reports and findings.
• The preferential treatment of relevant persons to the detriment of its clients in the course of the provision
to them of investment services.
• The carrying out of transactions by relevant persons for their own account or for the account of persons
related with them on the basis of confidential information that the above persons have obtained in the
course of their employment with the Company.

All employees must be aware of the above forbidden business practices, and shall have the responsibility of
informing the COMPLIANCE OFFICER immediately in case they monitor any violation of the above provisions.
Should you have any questions in relation to the Company’s Conflicts of Interest Policy, please contact the
Compliance department of the Company.

Disclosure of conflicts of interest

In case where, the organisational and administrative arrangements established by the Company to prevent or
manage a conflict are not sufficient to ensure, with reasonable confidence, that the risks of damage to the
interests of the clients will be prevented, the Company shall clearly proceed with the disclosure of such conflict.

Prior to carry out a transaction or provide an investment service to a client, the Company should disclose any
actual or potential conflict of interest to the client provided that the measures taken by the Company are not
sufficient to ensure that the risks of damage to the interests of the client will be avoided.

The above disclosure shall include sufficient detail, taking into account the nature of the client, source of conflicts
of interest, the risks to the client to enable him to take an informed decision with respect to the investment
service in the context of which the conflict of interest arises. The Company reserves the right not to proceed
with the transaction or matter giving rise to the conflict if such disclosure is not sufficient to manage a conflict.

The Management and employees of the Company should disclose the following information to the Compliance
Officer:
• Opening and closing personal accounts at any other Broker for own investments purposes
• All personal transaction performed. Notification should be provided within 24 hours
• Securities held by the employee
• Transactions executed by the Company in which the employee may have an interest or a conflict

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Client Services Agreement

Annex 2 - Complaints Handling Policy

Complaint handling policy

ONEQUITY LTD (hereinafter the “Company”) aims to provide superior services to all of its Clients.

The Company has appointed a Compliance Officer to efficiently handle any complaints from the Clients. This is
to allow the Company to resolve and apply mandatory measures to avoid any recurring issues.

Definition
The Company classifies a complaint as any objection and/or dissatisfaction that the Client may have with
regards to the provision of the services provided by the Company. A complaint form is enclosed at the end of
this Policy.

Procedure
The Compliance Officer shall be responsible for handling Client complaints, except in the case where the
complaint involves the Compliance Officer, whereby the complaint shall be handled by the Representative
Officer.

The Client may register a complaint by completing the complaint form, using any of the following options:
 Email: [email protected]
 Postal Address: ONEQUITY LTD
CT House, Office 9A, Providence, Mahe, Seychelles

1. When the Compliance Officer receives the Client’s complaint then a written acknowledgement will be
sent to the Client within 7 business days;

2. The Company will attempt a final response within 30 business days, however in case we are still not in
a position to resolve the issue then the Compliance Officer will notify you in writing stating the reasons
for the delay and indicate an estimated time to resolve the issue;

3. A final response should be provided to the Client within 60 business days the latest from the date he
submitted his complaint;

4. In the case where the complainant is still not satisfied with the Company’s final response, then the
complainant can refer his complaint with a copy of the Company’s final response to the Financial
Services Authority (FSA) in Seychelles for further examination.

The contact details for the Financial Services Authority (FSA) in Seychelles are set out below:
PO Box 991
Address: Bois de Rose Avenue
Roche Caiman Victoria, Mahe, Republic of Seychelles
Phone: (+248) 438 08 00
Fax: (+248) 438 08 88
Email: [email protected]
Website: http://fsaseychelles.sc/index.php/contact-us

Client Records
The Client should provide all relevant documentations as well as any additional information requested by the
Compliance Officer in order to ensure all records are collected and the complaint is properly resolved on time.

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All records will be kept safe as per local requirements and for a period of seven (7) years.

[The complaint form can be found in the next page]

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Client Services Agreement

Complaint Form

A. Client Information:
Name: Account Number:

Address: Telephone Number:

B. Type of Complaint

1. Execution of Orders
2. Quality or lack of information provided
3. Terms and Conditions/Fees/Charges
4. General admin/Customer Services
5. Unauthorized business being offered
6. Issue in relation to withdrawal of funds
7. Other (specify)

C. Brief Summary of the Complaint:

Please describe the product or service you are complaining about (description, evidence, amount and
suggested way to be solved):

_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
__________________________________________________________________________________
_____________________________________________________________________________________
_______________________________________________________________
__________________________________________________________________________

- Please enclose any other relevant documentation that may help us to handle the complaint.
- Possible documentation to be provided (client statement, correspondence with the Company as well as any
other supporting documentation to be requested by the Compliance Officer which is relevant to the Client’s
complaint)

________________________ ________________________
Date and place Client Signature

For internal use only:

Complaint Received By: Date:
Acknowledgement sent to Client: □ Yes - □ No
Informed Client of initial action: □ Yes - □ No
Final response provided to Client: □ Yes - □ No
Holding response provided to Client: □ Yes - □ No - □ N/A

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Signature of
Date:
Compliance Officer:

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