Common use of PROHIBITED TRADING Clause in Contracts

PROHIBITED TRADING. 21.1. Generally speaking, the Company allows all types of trading methods and styles. The Company does reserve the right, however, to close, suspend or recoup any closed profit and loss from an Account it deems is engaging in unethical or questionable trading styles including, but not limited to, latency arbitrage, market manipulation, collusion, the act of “flooding” of our servers with an excessive number of pending orders, excessive logins, “picking” and “sniping”, over-leveraging or the use of certain automated trading systems or Expert Advisors, without notice. 21.2. The Company will usually (but is not obligated to always) attempt to initially express its concern to the Client or the associated parties via email or telephone in the form of a formal warning. If the Client or the associated party does not modify its trading style within a rea- sonable time period following the warning, the Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from the Client’s Account, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. 21.3. The Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from Accounts who tend to trade during news or other volatile market conditions, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. Any transaction costs relating to the refund of the Account balance of Clients engaging in prohibited trading will be fully transferred to the Client. 21.4. The company reserves the right to restrict access to certain markets without giving prior notice to the client. In such cases, clients will not be able to open new positions on the restricted instrument, and clients with existing open positions can close only.

PROHIBITED TRADING. 21.1. 23.1 Generally speaking, the Company allows all types of trading methods and styles. The Company does reserve the right, however, to close, suspend or recoup any closed profit and loss from an Account it deems is engaging in unethical or questionable trading styles including, but not limited toto abuse of price gaps, latency arbitrage, market manipulation, collusion, the act of “flooding” of our servers with an excessive number amount of pending orders, excessive logins, “picking” and “sniping”, over-leveraging overleveraging or the use of certain automated trading systems or Expert Advisors, without notice. 21.2. 23.2 The Company will usually (but is not obligated to always) attempt to initially express its concern to the Client or the associated parties via email or telephone in the form of a formal warning. If the Client or the associated party does not modify its trading style within a rea- sonable reasonable time period following the warning, the Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from the Client’s Account, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. 21.323.3 Fixed and Variable Spread Accounts are offered to Clients that adopt long term trading strategies instead of trading news’ announcements or other volatile market conditions. The Company reserves the right, at any time, to revoke a Client’s right to trade with Fixed or Variable Spreads and may require the Client to move under an ECN premier Spread type Account. 23.4 The Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from Accounts who tend to trade during news or other volatile market conditions, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. Any transaction costs relating to the refund of the Account balance of Clients engaging in prohibited trading will be fully transferred to the Client. 21.4. The company reserves the right to restrict access to certain markets without giving prior notice to the client. In such cases, clients will not be able to open new positions on the restricted instrument, and clients with existing open positions can close only.

PROHIBITED TRADING. 21.119.1. Generally speaking, the Company allows all types of trading methods and styles. The Company Com- pany does reserve the right, however, to close, suspend or recoup any closed profit and loss from an Account it deems is engaging in unethical or questionable trading styles including, but not limited to, latency arbitrage, market manipulation, collusion, the act of “flooding” of our servers with an excessive number amount of pending orders, excessive logins, “picking” and “sniping”, over-leveraging or the use of certain automated trading systems or Expert Advisors, without notice. 21.219.2. The Company will usually (but is not obligated to always) attempt to initially express its concern con- cern to the Client or the associated parties via email or telephone in the form of a formal for- mal warning. If the Client or the associated party does not modify its trading style within a rea- sonable time period following the warning, the Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from the Client’s Account, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. 21.319.3. The Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from Accounts who tend to trade during news or other volatile vol- atile market conditions, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. Any transaction costs relating to the refund of the Account balance of Clients engaging in prohibited trading will be fully transferred to the Client. 21.419.4. The company reserves the right to restrict access to certain markets without giving prior notice no- ▇▇▇▇ to the client. In such cases, clients will not be able to open new positions on the restricted instrument, and clients with existing open positions can close only.

PROHIBITED TRADING. 21.1. Generally speaking18.1 Generallyspeaking, the Company allows Companyallows all types of trading oftrading methods and stylesandstyles. The Company does reserve the right, however, to close, suspend or recoup any closed profit and loss from an Account it deems is engaging in unethical or questionable trading styles isengaging inunethical orquestionabletradingstyles including, but not limited notlimited to, latency arbitrage, market manipulation, collusion, the act theact of “flooding” of our servers with an excessive number amount of pending orders, excessive logins, “picking” and “sniping”, over-leveraging ” or the use of certain automated trading systems or Expert Advisors, without notice. 21.2. 18.2 The Company will usually (but is not obligated to always) attempt to initially express its concern to the Client or the associated parties via email or telephone in the form of a formal warning. If the Client or the associated party does not modify its trading style within a rea- sonable reasonable time period following the warning, the Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from the Client’s Account, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. 21.318.3 Fixed and Variable Spread Accounts are offered to Clients that adopt long term trading strategies instead of trading news’ announcements or other volatile market conditions. The Company reserves the right, at any time, to revoke a Client’s right to trade with Fixed or Variable Spreads and may require the Client to move under an ECN premier Spread type Account. 18.4 The Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from Accounts who tend to trade during news or other volatile market conditions, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. Any transaction costs relating to the refund of the Account balance of Clients engaging in prohibited trading will be fully transferred to the Client. 21.4. The company reserves the right to restrict access to certain markets without giving prior notice to the client. In such cases, clients will not be able to open new positions on the restricted instrument, and clients with existing open positions can close only.

PROHIBITED TRADING. 21.1. 23.1 Generally speaking, the Company allows all types of trading methods and styles. The Company does reserve the right, however, to close, suspend or recoup any closed profit and loss from an Account it deems is engaging in unethical or questionable trading styles including, but not limited toto abuse of price gaps, latency arbitrage, market manipulation, collusion, the act of “flooding” of our servers with an excessive number amount of pending orders, excessive logins, “picking” and “sniping”, over-leveraging overleveraging or the use of certain automated trading systems or Expert Advisors, without notice. 21.2. 23.2 The Company will usually (but is not obligated to always) attempt to initially express its concern to the Client or the associated parties via email or telephone in the form of a formal warning. If the Client or the associated party does not modify its trading style within a rea- sonable reasonable time period following the warning, the Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from the Client’s Account, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. 21.323.3 Fixed and Variable Spread Accounts are offered to Clients that adopt long term trading strategies instead of trading news’ announcements or other volatile market conditions. The Company reserves the right, at any time, to revoke a Client’s right to trade with a specific account type and may require the Client to move under another type of Account. For the various account types please visit the Company’s website. 23.4 The Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from Accounts who tend to trade during news or other volatile market conditions, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. Any transaction costs relating to the refund of the Account balance of Clients engaging in prohibited trading will be fully transferred to the Client. 21.4. The company reserves the right to restrict access to certain markets without giving prior notice to the client. In such cases, clients will not be able to open new positions on the restricted instrument, and clients with existing open positions can close only.

PROHIBITED TRADING. 21.119.1. Generally speaking, the Company allows all types of trading methods and styles. The Company does reserve the right, however, to close, suspend or recoup any closed profit and loss from an Account it deems is engaging in unethical or questionable trading styles including, but not limited to, latency arbitrage, market manipulation, collusion, the act of “flooding” of our servers with an excessive number amount of pending orders, excessive logins, “picking” and “sniping”, over-leveraging or the use of certain automated trading systems or Expert Advisors, without notice. 21.219.2. The Company will usually (but is not obligated to always) attempt to initially express its concern to the Client or the associated parties via email or telephone in the form of a formal warning. If the Client or the associated party does not modify its trading style within a rea- sonable reasonable time period following the warning, the Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from the Client’s Account, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. 21.319.3. The Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from Accounts who tend to trade during news or other volatile market conditions, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. Any transaction costs relating to the refund of the Account balance of Clients engaging in prohibited trading will be fully transferred to the Client. 21.419.4. The company reserves the right to restrict access to certain markets without giving prior notice to the client. In such cases, clients will not be able to open new positions on the restricted instrument, and clients with existing open positions can close only.

PROHIBITED TRADING. 21.119.1. Generally speaking, the Company allows all types of trading methods and styles. The Company Com- pany does reserve the right, however, to close, suspend or recoup any closed profit profit and loss from an Account it deems is engaging in unethical or questionable trading styles including, but not limited to, latency arbitrage, market manipulation, collusion, the act of “floodingflooding” of our servers with an excessive number amount of pending orders, excessive logins, “picking” and “sniping”, over-leveraging or the use of certain automated trading systems or Expert Advisors, without notice. 21.219.2. The Company will usually (but is not obligated to always) attempt to initially express its concern con- cern to the Client or the associated parties via email or telephone in the form of a formal for- mal warning. If the Client or the associated party does not modify its trading style within a rea- sonable time period following the warning, the Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit profit or loss from the Client’s Account, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. 21.319.3. The Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit profit or loss from Accounts who tend to trade during news or other volatile vol- atile market conditions, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. Any transaction costs relating to the refund of the Account balance of Clients engaging in prohibited trading will be fully transferred to the Client. 21.419.4. The company reserves the right to restrict access to certain markets without giving prior notice no- ▇▇▇▇ to the client. In such cases, clients will not be able to open new positions on the restricted instrument, and clients with existing open positions can close only.

PROHIBITED TRADING. 21.123.1. Generally speaking, the Company allows all types of trading methods and styles. The Company does reserve the right, however, to close, suspend or recoup any closed profit and loss from an Account it deems is engaging in unethical or questionable trading styles including, but not limited toto abuse of price gaps, latency arbitrage, market manipulation, collusion, the act of “flooding” of our servers with an excessive number amount of pending orders, excessive logins, “picking” and “sniping”, over-leveraging overleveraging or the use of certain automated trading systems or Expert Advisors, without notice. 21.223.2. The Company will usually (but is not obligated to always) attempt to initially express its concern to the Client or the associated parties via email or telephone in the form of a formal warning. If the Client or the associated party does not modify its trading style within a rea- sonable reasonable time period following the warning, the Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from the Client’s Account, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. 21.323.3. Fixed and Variable Spread Accounts are offered to Clients that adopt long term trading strategies instead of trading news’ announcements or other volatile market conditions. The Company reserves the right, at any time, to revoke a Client’s right to trade with a specific account type and may require the Client to move under another type of Account. For the various account types please visit the Company’s website. 23.4. The Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from Accounts who tend to trade during news or other volatile market conditions, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. Any transaction costs relating to the refund of the Account balance of Clients engaging in prohibited trading will be fully transferred to the Client. 21.4. The company reserves the right to restrict access to certain markets without giving prior notice to the client. In such cases, clients will not be able to open new positions on the restricted instrument, and clients with existing open positions can close only.

PROHIBITED TRADING. 21.1. 18.1 Generally speaking, the Company allows all types of trading methods and styles. The Company does reserve the right, however, to close, suspend or recoup any closed profit and loss from an Account it deems is engaging in unethical or questionable trading styles including, but not limited toto abuse of price gaps, latency arbitrage, market manipulation, collusion, the act of “flooding” of our servers with an excessive number amount of pending orders, excessive logins, “picking” and “sniping”, over-leveraging ” or the use of certain automated trading systems or Expert Advisors, without notice. 21.2. 18.2 The Company will usually (but is not obligated to always) attempt to initially express its concern to the Client or the associated parties via email or telephone in the form of a formal warning. If the Client or the associated party does not modify its trading style within a rea- sonable reasonable time period following the warning, the Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from the Client’s Account, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. 21.318.3 Fixed and Variable Spread Accounts are offered to Clients that adopt long term trading strategies instead of trading news’ announcements or other volatile market conditions. The Company reserves the right, at any time, to revoke a Client’s right to trade with Fixed or Variable Spreads and may require the Client to move under an ECN premier Spread type Account. 18.4 The Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from Accounts who tend to trade during news or other volatile market conditions, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. Any transaction costs relating to the refund of the Account balance of Clients engaging in prohibited trading will be fully transferred to the Client. 21.4. The company reserves the right to restrict access to certain markets without giving prior notice to the client. In such cases, clients will not be able to open new positions on the restricted instrument, and clients with existing open positions can close only.

PROHIBITED TRADING. 21.1. 18.1 Generally speaking, the Company allows all types of trading methods and styles. The Company does reserve the right, however, to close, suspend or recoup any closed profit and loss from an Account it deems is engaging in unethical or questionable trading styles including, but not limited toto abuse of price gaps, latency arbitrage, market manipulation, collusion, the act of “flooding” of our servers with an excessive number amount of pending orders, excessive logins, “picking” and “sniping”, over-leveraging ” or the use of certain automated trading systems or Expert Advisors, without notice. 21.2. 18.2 The Company will usually (but is not obligated to always) attempt to initially express its concern to the Client or the associated parties via email or telephone in the form of a formal warning. If the Client or the associated party does not modify its trading style within a rea- sonable reasonable time period following the warning, the Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from the Client’s Account, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. 21.318.3 Fixed and Variable Spread Accounts are offered to Clients that adopt long term trading strategies instead of trading news’ announcements or other volatile market conditions. The Company reserves the right, at any time, to revoke a Client’s right to trade with a specific account type and may require the Client to move under another type of Account. For the various account types please visit the Company’s website. 18.4 The Company reserves the right to liquidate all or some open positions, close, suspend or recoup any closed profit or loss from Accounts who tend to trade during news or other volatile market conditions, and return any remaining proceeds to the Client in accordance with the Company’s Account Closing Procedures or any combination thereof. Any transaction costs relating to the refund of the Account balance of Clients engaging in prohibited trading will be fully transferred to the Client. 21.4. The company reserves the right to restrict access to certain markets without giving prior notice to the client. In such cases, clients will not be able to open new positions on the restricted instrument, and clients with existing open positions can close only.