Common use of TRADING RECOMMENDATIONS Clause in Contracts

TRADING RECOMMENDATIONS. (a) Customer acknowledges that (i) any market recommendations and information communicated to Customer by GFX or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX contract, (ii) such recommendation and information, although based upon information obtained from sources believed by GFX to be reliable, may be based solely on a broker’s opinion and that such information may be incomplete and may be unverified, and (iii) GFX makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to Customer. Customer acknowledges that GFX and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to Customer, and that the market position of GFX or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to Customer by GFX. Customer acknowledges that GFX makes no representations concerning the tax implications or treatment of contracts; and, (b) Customer further acknowledges that should Customer grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or nondiscretionary basis, GFX shall in no way be responsible for reviewing Customer’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer understands that GFX makes no warranties nor representations concerning the Trading Agent, that GFX shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent and that GFX does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer gives Trading Agent authority to exercise any of its rights over Customer’s account(s), Customer understands that Customer does so at Customer’s own risk.

TRADING RECOMMENDATIONS. GMI may from time to time offer market news, commentary, charting and analysis, trading performance analytics, signals-based products or services and other trading support tools (a) Customer “Trading Tools”). The Trading Tools are general in nature and do not and will not take into account Clients’ personal objectives, financial situation or needs. Before acting on a Trading Tool, Client should consider its appropriateness, having regard to his/her personal objectives, financial situation and needs. Client acknowledges that that: (i) any market recommendations and information communicated to Customer Client by GFX GMI or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX foreign exchange contract, (ii) such recommendation and information, although based upon information obtained from sources believed by GFX GMI to be reliable, may be based solely on a broker’s opinion and that such information may be incomplete and may be unverified, ; and (iii) GFX makes no representationGMI MAKES NO REPRESENTATIONS, warranty or guarantee as toWARRANTIES OR GUARANTEES AS TO, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to CustomerAND SHALL NOT BE RESPONSIBLE FOR THE ACCURACY OR COMPLETENESS OF ANY SUCH INFORMATION OR TRADING RECCOMENDATION FURNISHED TO CLIENT. Customer Client acknowledges that GFX and/or GMI and/ or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to CustomerClient, and that the market position of GFX GMI or any such officer, director, affiliate, associate, stockholder or representative may not NOT be consistent with the recommendations furnished to Customer Client by GFXGMI. Customer acknowledges To the extent permitted by applicable laws, Client agrees not to hold GMI, its directors, officers, employees and agents liable for losses or damages, including legal fees, that GFX makes no representations concerning may arise, directly or indirectly, in whole or in part, from: (a) non-delivery, delayed delivery or the tax implications or treatment misdirected delivery of contracts; andany Trading Tool, (b) Customer further acknowledges that should Customer grant trading authority inaccurate or control over Customerincomplete content of any Trading Tool or (c) Client’s account to a third party ("reliance on or use of the information in any Trading Agent"), whether on a discretionary or nondiscretionary basis, GFX shall in no way be responsible for reviewing Customer’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer understands that GFX makes no warranties nor representations concerning the Trading Agent, that GFX shall not be responsible Tool for any loss to Customer occasioned by the actions of the Trading Agent and that GFX does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer gives Trading Agent authority to exercise any of its rights over Customer’s account(s), Customer understands that Customer does so at Customer’s own risk.purpose..

TRADING RECOMMENDATIONS. (a) Customer acknowledges that (i) any market recommendations and information communicated to Customer by GFX AXECAP GLOBAL LIMITED or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX contract, (ii) such recommendation and information, although based upon CUSTOMER AGREEMENT 11 information obtained from sources believed by GFX AXECAP GLOBAL LIMITED to be reliable, may be based solely on a broker’s opinion and that such information may be incomplete and may be unverified, and (iii) GFX AXECAP GLOBAL LIMITED makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to Customer. Customer acknowledges that GFX AXECAP GLOBAL LIMITED and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to Customer, and that the market position of GFX AXECAP GLOBAL LIMITED or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to Customer by GFX. AXECAP GLOBAL LIMITED Customer acknowledges that GFX AXECAP GLOBAL LIMITED makes no representations concerning the tax implications or treatment of contracts; and, (b) Customer further acknowledges that should Customer grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or nondiscretionary basis, GFX AXECAP GLOBAL LIMITED shall in no way be responsible for reviewing Customer’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer understands that GFX AXECAP GLOBAL LIMITED makes no warranties nor representations concerning the Trading Agent, that GFX AXECAP GLOBAL LIMITED shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent and that GFX AXECAP GLOBAL LIMITED does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer gives Trading Agent authority to exercise any of its rights over Customer’s account(s), Customer understands that Customer does so at Customer’s own risk.

TRADING RECOMMENDATIONS. (a) Customer acknowledges that (i) any market recommendations and information communicated to Customer by GFX XXXXXXX.XXX or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX contract, (ii) such recommendation and information, although based upon information obtained from sources believed by GFX XXXXXXX.XXX to be reliable, may be based solely on a broker’s opinion and that such information may be incomplete and may be unverified, and (iii) GFX XXXXXXX.XXX makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to Customer. Customer acknowledges that GFX XXXXXXX.XXX and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to Customer, and that the market position of GFX XXXXXXX.XXX or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to Customer by GFXXXXXXXX.XXX. Customer acknowledges that GFX XXXXXXX.XXX makes no representations concerning the tax implications or treatment of contracts; and, (b) Customer further acknowledges that should Customer grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or nondiscretionary basis, GFX XXXXXXX.XXX shall in no way be responsible for reviewing Customer’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer understands that GFX XXXXXXX.XXX makes no warranties nor representations concerning the Trading Agent, that GFX XXXXXXX.XXX shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent and that GFX XXXXXXX.XXX does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer gives Trading Agent authority to exercise any of its rights over Customer’s account(s), Customer understands that Customer does so at Customer’s own risk.

TRADING RECOMMENDATIONS. (a) Customer Trader acknowledges that (i) any market recommendations and information communicated to Customer Trader by GFX FXTIS or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX contractFXTIS position, (ii) such recommendation and information, although based upon information obtained from sources believed by GFX FXTIS to be reliable, may be based solely on a broker’s an opinion and that such information may be incomplete and may be unverified, and (iii) GFX FXTIS makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to CustomerTrader. Customer Trader acknowledges that GFX FXTIS and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to CustomerTrader, and that the market position of GFX FXT I S or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to Customer Trader by GFXFXTIS . Customer Trader acknowledges that GFX FXTIS makes no representations concerning the tax implications or treatment of contractstrading Forex; and, (b) Customer Trader further acknowledges that should Customer Trader grant trading authority or control over CustomerTrader’s account to a third party ("“Trading Agent"”), whether on a discretionary or nondiscretionary non-discretionary basis, GFX FXTIS shall in no way be responsible for reviewing CustomerTrader’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer Trader understands that GFX FXTIS makes no warranties nor representations concerning the Trading Agent, that GFX FXTIS shall not be responsible for any loss to Customer Trader occasioned by the actions of the Trading Agent and that GFX FXTIS does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer Trader gives Trading Agent authority to exercise any of its rights over CustomerTrader’s account(s), Customer Trader understands that Customer Trader does so at CustomerTrader’s own risk.

TRADING RECOMMENDATIONS. (a) Customer Trader acknowledges that (i) any market recommendations and information communicated to Customer Trader by GFX TIUSD or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX contractOTCFX position, (ii) such recommendation and information, although based upon information obtained from sources believed by GFX TIUSD to be reliable, may be based solely on a broker’s an opinion and that such information may be incomplete and may be unverified, and (iii) GFX TIUSD makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to CustomerTrader. Customer Trader acknowledges that GFX TIUSD and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to CustomerTrader, and that the market position of GFX TI USD or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to Customer Trader by GFXTIUSD. Customer Trader acknowledges that GFX TIUSD makes no representations concerning the tax implications or treatment of contractstrading Forex; and, (b) Customer Trader further acknowledges that should Customer Trader grant trading authority or control over CustomerTrader’s account to a third party ("“Trading Agent"”), whether on a discretionary or nondiscretionary non-discretionary basis, GFX TIUSD shall in no way be responsible for reviewing CustomerTrader’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer Trader understands that GFX TIUSD makes no warranties nor representations concerning the Trading Agent, that GFX TIUSD shall not be responsible for any loss to Customer Trader occasioned by the actions of the Trading Agent and that GFX TIUSD does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer Trader gives Trading Agent authority to exercise any of its rights over CustomerTrader’s account(s), Customer Trader understands that Customer Trader does so at CustomerTrader’s own risk.

TRADING RECOMMENDATIONS. (a) Customer Trader acknowledges that (i) any market recommendations and information communicated to Customer Trader by GFX UFX or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX OTCFX contract, (ii) such recommendation and information, although based upon information obtained from form sources believed by GFX UFX to be reliable, may be based solely on a broker’s opinion and that such information may be incomplete and may be unverified, and (iii) GFX UFX makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to CustomerTrader. Customer Trader acknowledges that GFX UFX and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to CustomerTrader, and that the market position of GFX UFX or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to Customer Trader by GFXUFX. Customer Trader acknowledges that GFX UFX makes no representations concerning the tax implications or treatment of contracts; and, (b) Customer Trader further acknowledges that should Customer Trader grant trading authority or control over CustomerTrader’s account to a third party ("“Trading Agent"”), whether on a discretionary or nondiscretionary non-discretionary basis, GFX UFX shall in no way be responsible for reviewing CustomerTrader’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer Trader understands that GFX UFX makes no warranties nor representations concerning the Trading Agent, that GFX UFX shall not be responsible for any loss to Customer Trader occasioned by the actions of the Trading Agent and that GFX UFX does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer Trader gives Trading Agent authority to exercise any of its rights over CustomerTrader’s account(s), Customer Trader understands that Customer Trader does so at CustomerTrader’s own risk.

TRADING RECOMMENDATIONS. (a) Customer acknowledges that (i) any market recommendations and information communicated to Customer by GFX Meydan Ltd. or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX contract, (ii) such recommendation and information, although based upon information obtained from sources believed by GFX Meydan Ltd. to be reliable, may be based solely on a broker’s opinion and that such information may be incomplete and may be unverified, and (iii) GFX Meydan Ltd. makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to Customer. Customer acknowledges that GFX Meydan Ltd. and/or its officers, directors, affiliates, associates, stockholders stockholders, or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to Customer, and that the market position of GFX Meydan Ltd. or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to Customer by GFX. Meydan Ltd.. Customer acknowledges that GFX Meydan Ltd. makes no representations concerning the tax implications or treatment of contracts; and, (b) Customer further acknowledges that should Customer grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or nondiscretionary basis, GFX Meydan Ltd. shall in no way be responsible for reviewing Customer’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer understands that GFX Meydan Ltd. makes no warranties Terms of Business nor representations concerning the Trading Agent, that GFX Meydan Ltd. shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent Agent, and that GFX Meydan Ltd. does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer gives Trading Agent authority to exercise any of its rights over Customer’s account(s), Customer understands that Customer does so at Customer’s own riskTrading.

TRADING RECOMMENDATIONS. (a) Customer Client acknowledges that (ia) any market recommendations and information communicated to Customer Client by GFX or by any person within the company, does AAI will not constitute an offer to sell or the solicitation of an offer to buy any FOREX commodity or futures contract, ; (iib) such recommendation and information, although based upon information obtained from sources believed by GFX AAI to be reliable, or such recommendations may be based solely on a broker’s opinion and that such information may be incomplete and may not be unverifiedverified, and (iiic) GFX AAI makes no representation, warranty or guarantee as to, to and shall not be responsible for, for the accuracy or completeness of any information or trading recommendation furnished to CustomerClient. Customer Client acknowledges that GFX AAI and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or and may intend to buy or sell currencies, futures contracts which are the subject of market recommendations furnished to CustomerClient, and that the market position of GFX AAI or any such officer, director, affiliate, associate, stockholder or representative may or may not be consistent with the recommendations furnished to Customer Client by GFXAAI. Customer acknowledges that GFX makes no representations concerning the tax implications or treatment of contracts; and, (b) Customer Client further acknowledges that should Customer Client grant trading authority or control over CustomerClient’s account to a third third-party ("“Trading Agent"”), whether on a discretionary or nondiscretionary basis, GFX AAI shall in no way be responsible for reviewing CustomerClient’s choice of such Trading Agent nor making make any recommendations with respect theretothereto unless AAI has entered into a separate agreement to the contrary. Customer Client understands that GFX AAI makes no warranties nor or representations concerning the Trading Agent, that GFX AAI shall not be responsible for any loss to Customer Client occasioned by the actions of the Trading Agent and that GFX AAI does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer Client gives Trading Agent authority to exercise any of its rights over Customer’s account(s)its accounts, Customer Client understands that Customer Client does so at CustomerClient’s own risk.

TRADING RECOMMENDATIONS. (a) Customer acknowledges that (i) any market recommendations and information communicated to Customer by GFX or by any person within the company, does VERTIFX do not constitute an offer to sell or the solicitation of an offer to buy or sell any FOREX contract, currency or Currency Forex & CFDs; (ii) any such recommendation and information, although based upon information obtained from sources believed by GFX to be reliable, may be based solely solely, on a broker’s 's opinion or individual judgment, and that such information may be incomplete and may be unverified, ; and (iii) GFX VERTIFX makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information Information or trading recommendation furnished to Customer. Customer acknowledges that GFX VERTIFX and/or its officersmembers, directorsmanagers, affiliates, associates, stockholders associates or representatives may have a position position(s) in or may intend to buy or sell currenciesCurrency Forex & CFDs, which are may be the subject of market recommendations furnished to Customer, and that the market position positions of GFX VERTIFX or any such officermember, directormanager, affiliate, associate, stockholder associate or representative may not be consistent with the positions of, or recommendations furnished to Customer by GFXVERTIFX to, Customer. Customer acknowledges that GFX VERTIFX makes no representations concerning the tax implications or treatment of contractstransactions; and, (b) Customer further acknowledges that should Customer grant trading authority or control over Customer’s 's account to a third third-party ("Trading Agent"), whether on a discretionary or nondiscretionary non-discretionary basis, GFX VERTIFX shall in no way be responsible for reviewing Customer’s 's choice of such Trading Agent nor making any recommendations with respect thereto. Customer understands that GFX VERTIFX makes no warranties nor representations concerning the Trading Agent, that GFX VERTIFX shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent Agent, and that GFX VERTIFX does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If any Agent if Customer gives Trading Agent authority to exercise any of its rights over Customer’s account(s)its accounts, Customer understands that Customer does so at Customer’s 's own risk. Please keep in mind that VERTIFX does not accept funds for any trading account via a third party, unless Power of Attorney/Authorized Statement is granted by the beneficiary of the funds to the depositor. Restrictions on third party payments are set by banks and their respective authorities, which have developed extensive procedures, regulations, and laws to stop the transfer of illegal funds, commonly known as money laundering.

TRADING RECOMMENDATIONS. (a) Customer acknowledges that (i) any market recommendations and information communicated to Customer by GFX FXPRIMUS or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX contract, (ii) such recommendation and information, although based upon information obtained from sources believed by GFX FXPRIMUS to be reliable, may be based solely on a broker’s opinion and that such information may be incomplete and may be unverified, and (iii) GFX FXPRIMUS makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to Customer. Customer acknowledges that GFX FXPRIMUS and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to Customer, and that the market position of GFX FXPRIMUS or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to Customer by GFXFXPRIMUS. Customer acknowledges that GFX FXPRIMUS makes no representations concerning the tax implications or treatment of contracts; and, (b) Customer further acknowledges that should Customer grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or nondiscretionary non- discretionary basis, GFX FXPRIMUS shall in no way be responsible for reviewing Customer’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer understands that GFX FXPRIMUS makes no warranties nor representations concerning the Trading Agent, that GFX FXPRIMUS shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent and that GFX FXPRIMUS does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer gives Trading Agent authority to exercise any of its rights over Customer’s account(s), Customer understands that Customer does so at Customer’s own risk.

TRADING RECOMMENDATIONS. (a) Customer acknowledges that (i) any market recommendations and information communicated to Customer by GFX IMGFX LTD or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX contract, (ii) such recommendation and information, although based upon information obtained from sources believed by GFX IMGFX LTD to be reliable, may be based solely on a broker’s opinion and that such information may be incomplete and may be unverified, and (iii) GFX IMGFX LTD makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to Customer. Customer acknowledges that GFX IMGFX LTD and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to Customer, and that the market position of GFX IMGFX LTD or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to Customer by GFXIMGFX LTD. Customer acknowledges that GFX IMGFX LTD makes no representations concerning the tax implications or treatment of contracts; and, (b) Customer further acknowledges that should Customer grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or nondiscretionary basis, GFX IMGFX LTD shall in no way be responsible for reviewing Customer’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer understands that GFX IMGFX LTD makes no warranties nor representations concerning the Trading Agent, that GFX IMGFX LTD shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent and that GFX IMGFX LTD does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer gives Trading Agent authority to exercise any of its rights over Customer’s account(s), Customer understands that Customer does so at Customer’s own risk.

TRADING RECOMMENDATIONS. (a) Customer acknowledges that (i) any market recommendations and information communicated to Customer by GFX HILLTOP BOLSA INTERNATIONAL LIMITED or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX contract, (ii) such recommendation and information, although based upon information obtained from sources believed by GFX HILLTOP BOLSA INTERNATIONAL LIMITED to be reliable, may be based solely on a broker’s opinion and that such information may be incomplete and may be unverified, and (iii) GFX HILLTOP BOLSA INTERNATIONAL LIMITED makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to Customer. Customer acknowledges that GFX HILLTOP BOLSA INTERNATIONAL LIMITED and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to Customer, and that the market position of GFX HILLTOP BOLSA INTERNATIONAL LIMITED or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to Customer by GFX. HILLTOP BOLSA INTERNATIONAL LIMITED Customer acknowledges that GFX HILLTOP BOLSA INTERNATIONAL LIMITED makes no representations concerning the tax implications or treatment of contracts; and, (b) Customer further acknowledges that should Customer grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or nondiscretionary basis, GFX HILLTOP BOLSA INTERNATIONAL LIMITED shall in no way be responsible for reviewing Customer’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer understands that GFX HILLTOP BOLSA INTERNATIONAL LIMITED makes no warranties nor representations concerning the Trading Agent, that GFX HILLTOP BOLSA INTERNATIONAL LIMITED shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent and that GFX HILLTOP BOLSA INTERNATIONAL LIMITED does not, by implication or otherwise, endorse or approve of the CUSTOMER AGREEMENT 13 operating methods of the Trading Agent. If Customer gives Trading Agent authority to exercise any of its rights over Customer’s account(s), Customer understands that Customer does so at Customer’s own risk.

TRADING RECOMMENDATIONS. (a) Customer Trader acknowledges that (i) any market recommendations and information communicated to Customer Trader by GFX FXAMN or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any FOREX contractFXAMN position, (ii) such recommendation and information, although based upon information obtained from sources believed by GFX FXAMN to be reliable, may be based solely on a broker’s an opinion and that such information may be incomplete and may be unverified, and (iii) GFX FXAMN makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to CustomerTrader. Customer Trader acknowledges that GFX FXAMN and/or its officers, directors, affiliates, associates, stockholders or representatives may have a position in or may intend to buy or sell currencies, which are the subject of market recommendations furnished to CustomerTrader, and that the market position of GFX FXAMN or any such officer, director, affiliate, associate, stockholder or representative may not be consistent with the recommendations furnished to Customer Trader by GFXFXAMN . Customer Trader acknowledges that GFX FXAMN makes no representations concerning the tax implications or treatment of contractstrading Forex; and, (b) Customer Trader further acknowledges that should Customer Trader grant trading authority or control over CustomerTrader’s account to a third party ("“Trading Agent"”), whether on a discretionary or nondiscretionary non-discretionary basis, GFX FXAMN shall in no way be responsible for reviewing CustomerTrader’s choice of such Trading Agent nor making any recommendations with respect thereto. Customer Trader understands that GFX FXAMN makes no warranties nor representations concerning the Trading Agent, that GFX FXAMN shall not be responsible for any loss to Customer Trader occasioned by the actions of the Trading Agent and that GFX FXAMN does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Customer Trader gives Trading Agent authority to exercise any of its rights over CustomerTrader’s account(s), Customer Trader understands that Customer Trader does so at CustomerTrader’s own risk.