Common use of Client Classification Clause in Contracts

Client Classification. The Company will be categorizing its clients into one of the following categories: Retail Clients and/or Professional clients. The categorization shall depend on the information provided by the Client in his Application Form and according to the method of categorization as this method is explained under the internal document “Client Categorization Policy” which policy can be provided upon request. By accepting the Agreement, the Client accepts the application of such a method. The Company will inform the Client of his categorization according to Applicable Regulations. The Client has the right to request a different categorization. The Client accepts that when categorizing the Client and dealing with him, the Company will rely on the accuracy, completeness, and correctness of the information provided by the Client in his Application Form and the Client has the responsibility to immediately notify the Company in writing if such information changes at any time thereafter. The Company shall have the right to review the Client’s Categorization, according to Applicable Regulations, and inform the Client accordingly of the change before it comes into effect by providing the Client with advance notice. The Client shall be treated as accepting the change on that date unless, before then, the Client informs the Company that the Client wishes to terminate the Agreement and not accept the change. A retail Client will be any Client who does not meet the requirements of a Professional client. Professional Client will be deemed as such, should the Client meet at least 2 of the below requirements: ● Having available for trade assets from legitimate sources in an amount exceeding 10,000.00 USD ● Having previous proven experience in financial services/ trading for at least 3 years. ● Having a higher (Master’s degree or similar) education in the financial sector. ● Having previously confirmed broker statements of executed trades in an amount of not less than 100,00.00 USD per relationship with another financial entity.

Client Classification. The Company will be categorizing its clients into in one of the following categories: Retail Clients Client and/or Professional clientsClient. The categorization shall depend on the information provided by the Client in his Application Form and according to the method of categorization as this method is explained under the internal document “Client Categorization Policy” which policy can be provided upon request. By accepting the Agreement, the Client accepts the application of such a method. The Company will inform the Client of his categorization according to Applicable Regulations. The Client has the right to request a different categorization. The Client accepts that when categorizing the Client and dealing with him, the Company will rely on the accuracy, completeness, completeness and correctness of the information provided by the Client in his Application Form and the Client has the responsibility to immediately notify the Company in writing if such information changes at any time thereafter. The Company shall have the right to review the Client’s Categorization, according to Applicable Regulations, Regulations and inform the Client accordingly of the change before it comes into effect by providing the Client with advance notice. The Client shall be treated as accepting the change on that date unless, before then, the Client informs the Company that the Client wishes to terminate the Agreement and not accept the change. A retail Retail Client will be any Client who does not meet the requirements of a Professional client. Professional Client will be deemed as such, should the Client meet at least 2 of the below requirements: ● Having available for trade assets from legitimate sources in an amount exceeding 10,000.00 USD ● Having previous proven experience in financial services/ trading for at least 3 years. ; ● Having a higher (Master’s degree or similar) education in the financial sector. ; ● Having previously confirmed broker statements of executed trades in an amount of not less than 100,00.00 USD per relationship with another financial entity.

Client Classification. The Company will be categorizing its clients into one of the following categories: Retail Clients and/or Professional clients. The categorization shall depend on the information provided by the Client in his Application Form and according to the method of categorization as this method is explained under the internal document “Client Categorization Policy” which policy can be provided upon request. By accepting the Agreement, the Client accepts the application of such a method. The Company will inform the Client of his categorization according to Applicable Regulations. The Client has the right to request a different categorization. The Client accepts that when categorizing the Client and dealing with him, the Company will rely on the accuracy, completeness, and correctness of the information provided by the Client in his Application Form and the Client has the responsibility to immediately notify the Company in writing if such information changes at any time thereafter. The Company shall have the right to review the Client’s Categorization, according to Applicable Regulations, and inform the Client accordingly of the change before it comes into effect by providing the Client with advance notice. The Client shall be treated as accepting the change on that date unless, before then, the Client informs the Company that the Client wishes to terminate the Agreement and not accept the change. A retail Client will be any Client who does not meet the requirements of a Professional client. Professional Client will be deemed as such, should the Client meet at least 2 of the below requirements: ●  Having available for trade assets from legitimate sources in an amount exceeding 10,000.00 USD ●  Having previous proven experience in financial services/ trading for at least 3 years. ●  Having a higher (Master’s degree or similar) education in the financial sector. ●  Having previously confirmed broker statements of executed trades in an amount of not less than 100,00.00 USD per relationship with another financial entity.

Client Classification. The Company will be categorizing its clients into in one of the following categories: Retail Clients Client and/or Professional clientsClient. The categorization shall depend on the information provided by the Client in his Application Form and according to the method of categorization as this method is explained under the internal document “Client Categorization Policy” which policy can be provided upon request. By accepting the Agreement, the Client accepts the application of such a method. The Company will inform the Client of his categorization according to Applicable Regulations. The Client has the right to request a different categorization. The Client accepts that when categorizing the Client and dealing with him, the Company will rely on the accuracy, completeness, completeness and correctness of the information provided by the Client in his Application Form and the Client has the responsibility to immediately notify the Company in writing if such information changes at any time thereafter. The Company shall have the right to review the Client’s Categorization, according to Applicable Regulations, Regulations and inform the Client accordingly of the change before it comes into effect by providing the Client with advance notice. The Client shall be treated as accepting the change on that date unless, before then, the Client informs the Company that the Client wishes to terminate the Agreement and not accept the change. A retail Retail Client will be any Client who does not meet the requirements of a Professional client. Professional Client will be deemed as such, should the Client meet at least 2 of the below requirements: ● Having available for trade assets from legitimate sources in an amount exceeding 10,000.00 USD ● Having previous proven experience in financial services/ trading for at least 3 years. ● Having a higher (Master’s degree or similar) education in the financial sector. ● Having previously confirmed broker statements of executed trades in an amount of not less than 100,00.00 USD per relationship with another financial entity.