我炒汇(ITRADEFX) 在线开户申请

主账户持有人 | 联名账户持有人 | 工作情况 | 交易声明 | 财务状况 | 投资经验 | 同意条款

注意: 请用英文或拼音填写所有信息, 勿填中文汉字. 每项需要填写.

请选择平台： MT4平台 ICTS平台

选择一个密码	(密码必须由字母和数字混合组成)
请选择语言

安全问题
答案	(例如:polly)

电邮地址: (例如:abc123@163.com)

主账户持有人
名	(例如:Bohu)	姓	(例如:Tang)
详细地址:	(例如:Jiangsu sheng nanjingshi fenghuangxijie 123hao)
城市:	(例如:Nanjing)	州/省:	(例如:Jiangsu)
邮政编码:	(例如:210000)	国家:	(例如:China)
住宅电话号码:	(例如:025-12345678)	住宅传真号码:	(例如:025-12345678)
手机号码:	(例如:13812345678)	替代电话号码:	(例如:025-12345678)
性别:		婚姻状况:
身份证, 护照, 户口本号码美国居民必须提供社会安全号码	(例如:42282219790309****)	出生日期 ( 月/日/年):	(例如:03/09/1979)
国籍:	(例如:China)

联名账户持有人
是否开设联合账户？是否

名	(例如:Bohu)	姓	(例如:Tang)
详细地址:	(例如:Jiangsu sheng nanjingshi fenghuangxijie 123hao)
城市:	(例如:Nanjing)	州/省:	(例如:Jiangsu)
邮政编码:	(例如:210000)	国家:	(例如:China)
住宅电话号码:	(例如:025-12345678)	住宅传真号码:	(例如:025-12345678)
手机号码:	(例如:13812345678)	替代电话号码:	(例如:025-12345678)
性别:		婚姻状况:
身份证, 护照, 户口本号码美国居民必须提供社会安全号码	(例如:42282219790309****)	出生日期 ( 月/日/年):	(例如:03/09/1979)
国籍:	(例如:China)

工作情况
工作类型 :
现雇主名称:	(请务必用拼音或英语填写您的公司名称)	行业类型(必须填写):	(请务必用拼音或英语填写您所从事的行业类型)
职位 (必须填写):	(请务必用拼音或英语填写您在公司的职位)	受雇于现任雇主多久	(例如:3nian)
公司经营地址:	(例如:Jiangsu sheng nanjingshi fenghuangxijie 124hao)
公司电话号码:	(例如:025-87654321)

交易声明

为了加速交易, 您应该有一个活跃银行帐户.

财务状况
1. 年收入 (以美元计算)?
2. 净资产价值(不包括房屋类资产, 以美元计算)?
3. 流动净资产价值 (以美元计算)?
4. 资金来源:	(此栏必须填写,请务必用拼音或英语填写您的资金来源)
5. 阁下是否曾经宣布过破产? (如果选择“是”，请提供日期以及详细资料)
6. 除了交易者本人还会有其他人控制、管理、使用这个账户吗?
7.阁下是否已经在I-Trade FX,LLC开立过账户？(如果选‘是’，请提供账号:)

投资经验
投资经验	是/否年
a) 阁下有投资证券的经验吗?
b) 阁下有投资期权的经验吗?
c) 阁下有投资商品的经验吗?
d) 阁下有投资期货的经验吗?
e) 阁下有投资外汇的经验吗?

同意条款
注意: 您必须同意ITRADEFX的外汇交易协议. 如果您对交易协议有问题, 请阅读交易协议内容或和我们联系.
客户交易协定内容
CLIENT AGREEMENT RISK DISCLOSURE STATEMENT This brief statement does not disclose all of the risks and other significant aspects of spot foreign currency trading (collectively "Forex"). In light of the risks, you should undertake such transactions only if you ("Trader" or "Client") understand the nature of the trading into which you are about to engage and the extent of your exposure to risk. Trading the Forex is not suitable for many members of the public. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances. Spot Forex Trading 1. Effect of "Leverage" or "Gearing" Forex Transactions carry a high degree of risk. The amount of initial margin may be small relative to the value of the foreign currency so that transactions are 'leveraged' or 'geared'. A relatively small market movement may have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. 2. Risk-reducing orders or strategies The placing of certain orders (e.g., "stop-loss" orders, where permitted under local law, or "stop-limit" orders), which are intended to limit losses to certain amounts may not be effective because market conditions may make it impossible to execute such orders. Strategies using combinations of positions, such as "spread" and "straddle" positions, may be as risky as taking simple "long" or "short" positions. Additional Risks Common to Spot Forex Trading 1. Terms and conditions of Spot Forex Trading You should ask the firm with which you deal about the terms and conditions of the specific foreign currency that you are trading and associated obligations. 2. Suspension or restriction of trading and pricing relationships Market conditions (e.g., liquidity) and/or the operation of the rules of certain markets (e.g., the suspension of trading in any foreign currency because of price limits or "circuit breakers") may increase the risk of loss by making it difficult or impossible to effect transactions or liquidate/offset positions. 3. Deposited cash and property You should familiarize yourself with the protections accorded money or other property you deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy. The extent to which you may recover your money or property may be governed by specific legislation or local rules. In some jurisdictions, property, which has been specifically identifiable as your own, will be prorated in the same manner as cash for purposes of distribution in the event of a shortfall. The transactions you are entering into with I-Trade FX are not traded on the exchange. Therefore, under the U.S. Bankruptcy Code, your funds may not receive the same protections as funds used to margin or guarantee exchange-traded futures and options contracts, which receive a priority in bankruptcy. Since that same priority has not been given to funds used for off-exchange forex trading, if I-Trade FX becomes insolvent and you have a claim for amounts deposited or profits earned on transactions with I-Trade FX, your claim may not receive a priority. Without a priority, you are a general creditor and your claim will be paid, along with the claims of other general creditors, from any monies still available after priority claims are paid. Even customer funds that I-Trade FX keeps separate from its own operation funds may not be safe from the claims of other general and priority creditors. 4. Commission and other charges Before you begin to trade, you should obtain a clear explanation of all commission, fees and other charges for which you will be liable. These charges will affect your net profit (if any) or increase your loss. 5. Transactions in other jurisdictions Transactions on markets in other jurisdictions, including markets formally linked to a domestic market, may expose you to additional risk. Such markets may be subject to regulation, which may offer different or diminished investor protection. Before you trade you should inquire about any rules relevant to your particular transactions. Your local regulatory authority will be unable to compel the enforcement of the rules of regulatory authorities or markets in other jurisdictions where your transactions have been effected. You should ask the firm with which you deal for details about the types of redress available in both your home jurisdiction and other relevant jurisdictions before you start to trade. 6. Currency risks The profit or loss in transactions in foreign currency (whether they are traded in your own or another jurisdiction) will be affected by fluctuations in currency rates where there is a need to convert from the currency denomination of the foreign currency position to another currency. 7. Trading Facilities Most open-outcry and electronic trading facilities are supported by computer-based component systems for the order-routing, execution, matching, registration or clearing of trades. As with all facilities and systems, they are vulnerable to temporary disruption or failure. Your ability to recover certain losses may be subject to limits on liability imposed by the system provider, the market, the clearinghouse and/or member firms. Such limits may vary. Therefore, you should ask the firm with which you deal for details in this respect. 8. Electronic trading Trading on an electronic trading system may differ from trading on other electronic trading systems. If you undertake transactions on an electronic trading system, you will be exposed to risks associated with the system including the failure of hardware and software. The result of any system failure may be that your order is either not executed according to your instructions or is not executed at all. 9. Off-exchange transactions In some jurisdictions, and only then in restricted circumstances, firms are permitted to effect off-exchange transactions. The firm with which you deal may be acting as your counterparty to the transaction. I TRADE FX LLC functions as a direct counterparty to Traders in many currency transactions. I TRADE FX LLC neither offers the right to offset, nor guarantees a market in which to offset, transactions it effects as counterparty. Therefore, it may be difficult or impossible to liquidate an existing position, to assess its value, to determine a fair price or to assess the exposure to risk. For these reasons, these transactions may involve increased risks. Off-exchange transactions may be less regulated or subject to a separate regulatory regime. Before you undertake such transactions, you should familiarize yourself with applicable rules and attendant risks. NOTICE TO TRADERS This Agreement is a Legal Contract, Please Read It Carefully. This is a legal contract between I TRADE FX LLC organized under the laws of the state of Florida, its successors and assigns, and the party (or parties) executing this document. In connection with opening an account to speculate and/or purchase and/or sell cash or spot foreign currency (hereinafter referred to as "Currency" or "Spot") through the OTC foreign exchange markets (hereinafter referred to as "OTCFX") with I TRADE FX LLC, Customer (hereinafter referred to as "Trader" or "Client") acknowledges that Trader has been advised and understands the following factors concerning trading in leveraged OTCFX, in addition to those contained in the Risk Disclosure Statement which has been provided to Trader. More specifically, the terms OTCFX and Spot as used herein shall mean the purchase or sale of a foreign currency in such amounts and under such conditions that the parties may negotiate. 1. There are no guarantees to the credit worthiness of the counterparty of your Spot position. Every attempt has been made to deal with reputable creditworthy banks/clearing houses. Also, there may be certain cases in which trading liquidity decreases causing trading in a certain currency to cease, thereby preventing the liquidation of an adverse position that may result in a substantial financial loss. 2. Trading in OTCFX is suitable only for those sophisticated institutions or participants financially able to withstand losses that may substantially exceed the value of margins or deposits. OTCFX accounts are not available through I TRADE FX LLC to non-sophisticated participants. 3. Trader acknowledges that the purchase or sale of a Currency always includes delivery to the extent that Trader's account shall be credited with each Spot transaction. 4. I TRADE FX LLC's margin policies and/or the policies of those banks/clearing houses through which trades are executed may require that additional funds be provided to properly margin Trader's account and that Trader is obligated to immediately meet such margin requirements. Failure to meet requirements may result in the liquidation of any open positions with a resultant loss. I TRADE FX LLC also reserves the right to refuse to accept any order or to guarantee a market in which to offset. 5. OTCFX business is not traded on an organized exchange and therefore does not require open-outcry. Even though quotations or prices are afforded by many computer-based component systems, the quotations and prices may vary due to market liquidity. Many electronic trading facilities are supported by computer-based component systems for the order-routing, execution or matching of trades. As with all facilities and systems, they are vulnerable to temporary disruption or failure. Your ability to recover certain losses may be subject to limits on liability imposed by the system provider, the market, the bank and/or financial institution. Such limits may vary; you should ask the firm with which you deal for details in this respect. 6. Trading on an electric trading system may differ not only from trading in the interbank market but also from trading on other electronic trading systems. If you undertake transactions on an electronic trading system, you will be exposed to risks associated with the system including the failure of hardware and software. The result of any system failure may be that your order is either not executed according to your instructions or is not executed at all. Given the high leverage, fast-moving nature of the OTCFX market, and the risks associated with electronic trading, any discrepancies on account statements must be reported to I TRADE FX LLC, in writing, within 24 hours of its occurrence. Disclaimers: a) Internet failures: Since I TRADE FX LLC does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading on-line (via internet). b) Market risks and on-line trading: Trading currencies involves substantial risk that is not suitable for everyone. See Trader Agreement for more detailed description of risks. Trading on-line, no matter how convenient or efficient, does not necessarily reduce risks associated with currency trading. c) Password protection: The Trader is obligated to keep passwords secret and to ensure that third parties do not obtain access to the trading facilities. The Trader will be liable to I TRADE FX LLC for trades executed by means of the Trader's password even if such use may be wrongful. d) Quoting and Execution Errors: Should quoting and/or execution errors occur, which may include, but are not limited to, a dealer's mistype of a quote, a quote or trade which is not representative of fair market prices, an erroneous price quote from a Trader, such as but not limited to a wrong big figure quote or an erroneous quote due to failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors, I TRADE FX LLC will not be liable for the resulting errors in account balances. In addition, orders must be placed allowing sufficient time to execute, as well as, sufficient time for the system to calculate necessary margin requirements. The execution or orders placed too close to prices, which would trigger other orders (regardless of order type) or a margin call, cannot be guaranteed. I TRADE FX LLC will not be liable for the resulting margin call, resulting balance, and/or positions in the account due to the system not having been allowed sufficient time to execute and/or calculate accordingly. The foregoing list is not meant to be exhaustive and in the event of a quoting or execution error, I TRADE FX LLC reserves the right to make the necessary corrections or adjustments on the account involved. Any dispute arising from such quoting or execution errors will be resolved by I TRADE FX LLC in its sole and absolute discretion. Trader agrees to indemnify and hold I TRADE FX LLC harmless from all damages or liability as a result of the foregoing. 7. In OTCFX, firms are not restricted to effect exchange transactions. The firm with which you deal, such as I TRADE FX LLC may be acting as your counterparty to the transaction. It may be difficult or impossible to liquidate an existing position, to assess the value, to determine a fair price or to assess the exposure to risk. For these reasons, these transactions may involve increased risks. Off-exchange transactions may be less regulated or subject to a separate regulatory regime. Before you undertake such transactions, you should familiarize yourself with applicable rules and attendant risks. 8. In the event that Trader grants trading authority or control over Trader's account to a third party (Trading Agent), whether on a discretionary or non-discretionary basis, I TRADE FX LLC shall in no way be responsible for reviewing Trader's choice of such Trading Agent or for making any recommendations with respect thereto. I TRADE FX LLC makes no representations or warranties concerning any Trade Agent; I TRADE FX LLC shall not be responsible for any loss to Trader occasioned by the actions of the Trading Agent; and I TRADE FX LLC does not, by implication or otherwise endorse or approve of the operating methods of the Trading Agent. If Trader gives the Trading Agent authority to exercise any of its rights over an account, Trader does so at his own risk. 9. I TRADE FX LLC does not control, and cannot endorse or vouch for the accuracy or completeness of any information or advice Trader may have received or may receive in the future from Referring Agent (see section Referral Disclosure below) or from any other person not employed by I TRADE FX LLC regarding Forex trading or the risks involved in such trading. If Referring Agent or any other third party provides Trader with information or advice regarding Forex trading, I TRADE FX LLC shall in no way be responsible for any loss to Trader resulting from Trader's use of such information or advice. Trader understands that Referring Agent and many third party vendors of trading systems, courses, programs, research or recommendations may or may not be regulated by a government agency. REFERRAL DISCLOSURE I TRADE FX LLC AND REFERRING AGENT ARE WHOLLY SEPARATE AND INDEPENDENT FROM ONE ANOTHER. THE AGREEMENT BETWEEN I TRADE FX LLC AND REFERRING AGENT DOES NOT ESTABLISH A JOINT VENTURE OR PARTNERSHIP AND REFERRING AGENT IS NOT AN AGENT OR EMPLOYEE OF I TRADE FX LLC. 1. I TRADE FX LLC provides the risk disclosure information to all new Clients when they open accounts. Client should read that information carefully, and should not rely on any information to the contrary from any other source. 2. Client acknowledges that no promises have been made by I TRADE FX LLC or any individual associated with I TRADE FX LLC regarding future profits or losses in Client's account. Client understands that Forex trading is risky, and that many people lose money trading. 3. If Referral Agent or any other third party provides Client with information or advice regarding Forex trading, I TRADE FX LLC shall in no way be responsible for any loss to Client resulting from Client's use of such information or advice. 4. To the extent Client has previously been led to believe or believes that utilizing any third party trading system, course, program, research or recommendations provided by Referring Agent or any other third party will result in trading profits, Client hereby acknowledges, agrees and understands that all Forex trading, including trading done pursuant to a system, course, program, research or recommendations of Referring Agent or another third party involves a substantial risk of loss. In addition, Client hereby acknowledges, agrees and understands that the use of a trading system, course, program, research or recommendations or Referring Agent or another third party will not necessarily result in profits, avoid losses or limit losses. 5. Client understands that Referring Agent and many third party vendors of trading systems, courses, programs, research or recommendations are not regulated by a government agency. 6. Because the risk factor is high in foreign currency transactions trading, only genuine "risk" funds should be used in such trading. If Client does not have the extra capital the Client can afford to lose, Client should not trade in the foreign currency markets. 7. Client understands and acknowledges that I TRADE FX LLC may compensate Referring Agent for introducing Client t. I TRADE FX LLC and that such compensation may be on a per-trade basis or other basis. Such compensation to the Referring Agent may require the Customer to incur a mark-up, above and beyond the ordinary spread generally provided by I TRADE FX LLC. Further, the Client has a right to be informed of the precise nature or such remuneration. 8. Client understands and agrees that if Client's account with I TRADE FX LLC is introduced by Referring Agent that Referring Agent shall have the right to access Client's I TRADE FX LLC account, but the Referring Agent shall not have the right to enter into any trades on Client and Referring Agent granting such Referring Agent the right to trade on Client's account. 9. Since Referring Agent is not an employee or agent of I TRADE FX LLC, the account holder's should perform necessary due diligence on the Referring Agent prior to using any of their services. Should you have any questions regarding the risks of trading in foreign currency, please contact your account representative. TRADER AGREEMENT In consideration of I TRADE FX LLC agreeing to carry one or more accounts of the undersigned ("Trader" or "Client") and providing services to Trader in Connection with the purchase and sale of cash currencies (including financial instruments) and any similar instruments (collectively referred to as "OTCFX"), which may be purchased or sold by or through I TRADE FX LLC for Trader's account(s), Trader agrees as follows: 1. AUTHORIZATION TO TRADE. I TRADE FX LLC is authorized to purchase and sell OTCFX for Trader's account(s) with a counter party, bank, or sophisticated institutions or participants in accordance with Trader's oral or written or computer instructions. Unless instructed by Trader to the contrary in writing, I TRADE FX LLC is authorized to execute all orders with such banking institutions, counter party, bank, or sophisticated institutional participants as I TRADE FX LLC deems appropriate, I TRADE FX LLC shall be entitled to rely upon any oral or written communication or instructions received from Trader, including Trader's officers, partners, principals or employees, so long as I TRADE FX LLC does not have actual knowledge of the lack of authority of any such person ("Authorized Persons"). Trader agrees that such Authorized Persons are authorized on its behalf to furnish I TRADE FX LLC all data, information, instructions and authorizations required by I TRADE FX LLC to perform its services under this Agreement. Trader authorizes I TRADE FX LLC to rely and act upon any instruction, authorization, data or information, which appear to be given by an Authorized Persons to I TRADE FX LLC by any means, including instructions transmitted by electronic means or otherwise, and the production of facsimile of a document purporting to bear the authorization of Trader. Trader therefore agrees that: (i) I TRADE FX LLC is authorized to act upon instructions without enquiring as to the validity of the instructions and to consider the instructions of like force and effect as written orders made by the Authorized Persons; (ii) Nothing in this section and no verification or attempted verification of any instruction or signatures at any time made by I TRADE FX LLC will obligate I TRADE FX LLC to verify the validity of the instructions or the signatures in any particular case; and (iii) Trader will bear the risk of all unauthorized instructions, by any of its representatives, employees, or agents, and where I TRADE FX LLC has acted in good faith and without negligence, Trader will indemnify I TRADE FX LLC against and save I TRADE FX LLC harmless from all losses, costs, fees, damages, expenses, claims, suits, demands and liabilities whatsoever that I TRADE FX LLC may suffer or incur or that may be brought against I TRADE FX LLC, in any way relating to or arising out of I TRADE FX LLC acting upon, delaying in acting upon or refusing to act upon any instruction or information provided to I TRADE FX LLC by Trader, including improper, unauthorized or fraudulent instructions given by any of Trader's employees, agents or representatives, even if such instructions were not in fact made with Trader's authority. 2. GOVERNMENTAL, COUNTERPARTY INSTITUTIONAND INTERBANKING SYSTEM RULES. All transactions under this Agreement shall be subject to the constitution, by-laws, rules, regulations, customs, usage, rulings and interpretations of the counterparty institution or other interbank market (and its clearing organization, if any) where executed and to all applicable Federal and State regulations. If any statute shall hereafter be enacted or any rule or regulation shall hereafter be adopted which shall be binding upon I TRADE FX LLC and shall affect in any manner or be inconsistent with any of the provisions hereof, the affected provisions of this Agreement shall be deemed modified or superseded, as the case may be by the provisions of such statute, rule or regulation, and all the other provisions of this Agreement and provisions so modified shall in all respects continue in full force and effect. Trader acknowledges that all transactions under this Agreement are subject to the aforementioned regulatory requirements and Trader shall not thereby be given any independent legal or contractual rights with respect to such requirements. 3. MARGINS AND DEPOSIT REQUIREMENTS. Trader shall provide to and maintain with I TRADE FX LLC margin in such amounts and in such forms as I TRADE FX LLC, in its sole discretion may require. Trader is aware and acknowledges that the requirements for margin vary, and may be changed from time to time, at I TRADE FX LLC's sole discretion, based upon account size, volume traded, and market conditions. Such margin requirements may be greater or less than margins required by a counterparty bank. I TRADE FX LLC may change margin requirements at any time. Trader agrees to deposit by immediate wire transfer such additional margin when and as required by I TRADE FX LLC and will promptly meet all margin calls in such mode of transmission as I TRADE FX LLC in its sole discretion designates. I TRADE FX LLC may at any time proceed to liquidate in accordance with paragraph 7 below and any failure by I TRADE FX LLC to enforce its rights hereunder shall not be deemed a waiver by I TRADE FX LLC to enforce its rights thereafter. No previous margin requirement by I TRADE FX LLC shall preclude I TRADE FX LLC from increasing that requirement without prior notice. I TRADE FX LLC retains the right to limit the amount and/or total number of open positions that Trader may acquire or maintain at I TRADE FX LLC. I TRADE FX LLC will attempt to execute all orders, which it may, in its sole discretion, choose to accept in accordance with the oral, written, or computer instructions of Trader's. I TRADE FX LLC reserves the right to refuse to accept any order or guarantee a market in which to offset. I TRADE FX LLC shall not be responsible for any loss or damage caused, directly or indirectly, by any events, actions or omissions beyond the control of I TRADE FX LLC including, without limitation, loss or damage resulting, directly or indirectly, from any delays or inaccuracies in the transmission of orders and/or information due to a breakdown in or failure of any transmission or communication facilities. 4. PRIVACY POLICY. When you apply for or maintain a live or demo account with I TRADE FX LLC, we collect personal information about you for business purposes, such as evaluating your financial needs, processing your requests and transactions, informing you about products and services that may be of interest to you, and providing customer service. The personal information we collect is only accessible to I TRADE FX LLC and its affiliates and is not disclosed to any nonaffiliated third parties. Such information includes: (I) Information you provide to us on applications and other forms, such as your name, address, birth date, social security number, occupation, assets, and income; (II) Information about your transactions with us and with our affiliates; and (III) Information you provide to us to verify your identity, such as a passport, or received from other entities not affiliated with I TRADE FX LLC. a. Cookies. Cookies are small files containing information that the web site uses to track its visitors. I TRADE FX LLC may set and access I TRADE FX LLC cookies on your computer, enabling us to learn which advertisement and promotions bring users to our web site. I TRADE FX LLC or any of its divisions may use cookies in connection with I TRADE FX LLC's products and services and to track your activities on our websites. Such information that we collect and share would be anonymous and not personally identifiable. b. Security Technology. I TRADE FX LLC uses Secure Socket Layer (SSL) encryption technology in order to protect certain information that you submit. This type of technology protects you from having your information intercepted by anyone other than I TRADE FX LLC while it is being transmitted to us. We work hard to ensure that our websites are secure and that they meet industry standards. We also use other safeguards such as firewalls, authentication systems (e.g., passwords and personal identification numbers) and access control mechanisms to control unauthorized access to systems and data. c. Sharing Information With Our Affiliates. We may share personal information described above with our affiliates for business purposes, such as servicing customer accounts and informing customers about new products and services, and as permitted by applicable law. Our affiliates are companies controlled or owned by us, as well as third party companies that refer customers to I TRADE FX LLC. The information we share with affiliates for marketing purposes may include information described above, such as name, address and account information. d. Regulatory Disclosure. Pursuant to CFTC and applicable regulation, we may disclose personal information with regulatory authorities or as required by applicable law. For example, we may disclose personal information to cooperate with regulatory authorities and law enforcement agencies to comply with subpoenas or other official requests, and as necessary to protect our rights or property. Except as described in this privacy policy, we will not use your personal information for any other purpose unless we describe how such information will be used at the time you disclose it to us or we obtain your permission to do so. 5. SETTLEMENT DATE AND ROLLOVERS. All Spot currency positions will be posted to Trader's accounts in U.S. Dollars or other mutually agreed upon currency on the trade date and settled within 48 hours. The resulting position will automatically rollover for an additional 48 hour period unless (I) Trader gives satisfactory instructions for further delivery of the foreign currency subject to I TRADE FX LLC's usual and customary changes and re-delivery fees; (II) A customer enters an order which is accepted by I TRADE FX LLC in its sole discretion to offset the Spot currency position. Trader, by noon of the business day before the settlement date of the Spot currency position, shall provide I TRADE FX LLC with acceptable re-delivery or offset instructions. In the absence of timely and adequate instructions from Trader, I TRADE FX LLC is authorized, at I TRADE FX LLC's absolute discretion, to rollover the Currency positions in the OTCFX account(s) for Trader's account(s) and at Trader's risk. A position may be credited or debited interest charges until the position is closed. 6. COLLATERAL AND LENDING AGREEMENT. All funds, currencies, and other property of Trader which I TRADE FX LLC or its affiliates may at any time be carrying for Trader (either individually, jointly with another, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by I TRADE FX LLC as security and subject to a general lien and right of set-off for liabilities of Trader to I TRADE FX LLC whether or not I TRADE FX LLC has made advances in connection with such funds, currencies or other property, and irrespective of the number of accounts Trader may have with I TRADE FX LLC. I TRADE FX LLC may, in its discretion, at any time and from time to time, without notice to Trader, apply and/or transfer any or all funds, currency or other property of Trader between any of the Trader's accounts. Trader hereby also grants the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of the other Traders, to itself as a broker or to others, any securities or other property of Trader held by I TRADE FX LLC as margin or security. I TRADE FX LLC shall at no time be required to deliver to Trader the identical property delivered to or purchased by I TRADE FX LLC for any account of Trader. The purpose of the Lending Agreement is to allow I TRADE FX LLC to use the currencies, property, and depository receipts as collateral. 7. LIQUIDATION OF ACCOUNTS AND PAYMENTS OF DEFICIT BALANCES. In the event of (a) the death or judicial declaration of incompetence of Trader; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Trader; (c) the filing of an attachment against any of Trader's accounts carried by I TRADE FX LLC, (d) insufficient margin, or I TRADE FX LLC's determination that any collateral deposited to protect one or more accounts of Trader is inadequate, regardless of current market quotations, to secure the account; (e) Trader's failure to provide I TRADE FX LLC any information requested pursuant to this agreement; or (f) any other circumstances or developments that I TRADE FX LLC deems appropriate for its protection, and in I TRADE FX LLC's sole discretion. It may take one or more, or any portion of, the following actions: (1) Satisfy any obligation Trader may have to I TRADE FX LLC, either directly or by way of guaranty of suretyship, out of any of Trader's funds or property in its custody or control; (2) Sell any or purchase any or all Spot currency positions held or carried for Trader; and (3) Cancel any or all outstanding orders, or any other commitment made on behalf of Trader. Any of the above actions may be taken without demand for margin, or additional margin, without prior notice of sale or purchase or other notice to Trader. Trader's personal representatives, heirs, executors, administrators, trustees or assigns and regardless of whether the ownership interest shall be solely Trader's or held jointly with others. In liquidation of Trader's long or short positions, I TRADE FX LLC may, in its sole discretion, offset in the same settlement or it may initiate new long or short positions in order to establish a spread or straddle which in I TRADE FX LLC's sole judgment may be advisable to protect or reduce existing positions in Trader's account. Any sale or purchase hereunder may be made according to I TRADE FX LLC's judgment and at its discretion with any interbank or other exchange market where such business is then usually transacted or at a public auction or private sale, and I TRADE FX LLC may purchase the whole or any part thereof free from any right of redemption. Trader shall at all times be liable for the payment of any deficit balance of Trader upon demand by I TRADE FX LLC and in all cases. Trader shall be liable for any deficiency remaining in Trader's account(s) in the event of the liquidation thereof in whole or in part by I TRADE FX LLC or by Trader. In the event the proceeds realized pursuant to this authorization are insufficient for the payment of all liabilities of Trader due to I TRADE FX LLC, Trader shall promptly pay upon demand, the deficit and all unpaid liabilities, together with interest thereon equal to three (3) Percentage points above the then prevailing prime rate at I TRADE FX LLC's principal bank or the maximum interest by law, whichever is lower, and all costs of collection, including attorney's fees, witness travel expenses and the like. In the event I TRADE FX LLC incurs expenses other than for the collection of deficits, with respect to any of the account(s) of Trader, Trader agrees to pay such expenses. 8. SETTLEMENT DATE OFFSET INSTRUCTIONS. I TRADE FX LLC in its sole and absolute discretion may accept or reject orders to offset current Spot currency positions of Trader. I TRADE FX LLC reserves the right to refuse to accept any order or guarantee a market in which to offset. Offset arrangements on Spot currency positions arriving at settlement date must be negotiated and accepted by I TRADE FX LLC at least one (1) Business day prior to the settlement date or rollover. 9. CHARGES. Trader shall pay such brokerage, commission and special service and all other charges (including, without limitations, markups and markdowns, statement charges, idle account charges, order cancellation charges, account transfer charges or other charges), fees (including, without limitation, fees imposed by any interbank agency, bank, contract market or other regulatory or self-regulatory organizations) arising out of I TRADE FX LLC providing services hereunder. I TRADE FX LLC may change its commission, charges, and/or fees without notice. Trader agrees to be liable to I TRADE FX LLC for interest on amount due from Trader to I TRADE FX LLC at an interest rate equal to three (3) Percentage points above the then prevailing prime rate at I TRADE FX LLC principal bank or the maximum interest rate allowed by law, whichever is lower. Trader shall pay all such charges as they are incurred, or as I TRADE FX LLC in its sole and absolute discretion may determine, and Trader hereby authorizes I TRADE FX LLC to withdraw the amount of any such from Trader's account(s). Trader agrees to pay a transfer fee, to be designated by I TRADE FX LLC to transfer open positions, monies, and/or property of Trader's account to another institution. I TRADE FX LLC and Trader agree and confirm that all prices quoted to Trader are not inclusive of markups and markdowns. 10. STATEMENT AND CONFIRMATION. Reports of the confirmation of orders and statements of accounts for Trader shall be deemed correct and shall be conclusive and binding upon Trader if not objected to immediately upon receipt and confirmed in writing within (1) Day after transmittal to Trader by position on the internet, or otherwise. Margin calls shall be conclusive and binding unless objected to immediately in writing. In lieu of sending trade confirmation via postal mail, I TRADE FX LLC will provide Trader Internet access to view his account at any time with an online login. Written objections on Trader's part shall be directed to I TRADE FX LLC at its home office located at the most recent address as indicated on the I TRADE FX LLC website, and shall be deemed received only if actually delivered or mailed by registered mail, return receipt required. Failure to object shall be deemed ratification of all actions taken by I TRADE FX LLC or I TRADE FX LLC's agents prior to Trader's receipt of said reports. Trader's failure to receive a trade confirmation shall not relieve Trader of the obligation to object as set out herein. Once an order or trade has been placed, and confirmation has been delivered, it is the sole responsibility of Trader to keep track of the account's orders and positions. 11. COMMUNICATIONS. Reports, statements, notices and any other communications may be transmitted to Trader via the email address on Trader's application, I TRADE FX LLC Trading Station Platform, or to such other email address as Trader may from time to time designate in writing to I TRADE FX LLC. All communications so sent, whether by mail, email, telegraph messenger or otherwise, shall be deemed transmitted by I TRADE FX LLC when electronically submitted or deposited in the United States mail, or when received by a transmitted agent, and deemed delivered to Trader personally, whether actually received by Trader or not. 12. I TRADE FX LLC RESPONSIBILITIES. I TRADE FX LLC will not be responsible for delays in the transmission of orders due to a breakdown or failure of transmission or communication facilities, electrical power outage or for any other cause beyond I TRADE FX LLC's control or anticipation. I TRADE FX LLC shall only be liable for its actions directly attributed to negligence, willful default or fraud on the part of I TRADE FX LLC. I TRADE FX LLC shall not be liable for losses arising from the default of any agent or any other party used by I TRADE FX LLC under this agreement. 13. CURRENCY FLUCTUATION RISK. If Trader directs I TRADE FX LLC to enter into any currency transaction: (a) Any profit or loss arising as a result of a fluctuation in the exchange rate affecting such currency will be entirely for Trader's account and risk; (b) All initial and subsequent deposits for margin purpose shall be made in U.S. dollars, in such amounts as I TRADE FX LLC may in its sole discretion require; and (c) I TRADE FX LLC is authorized to convert funds in Trader's account for margin into and from such foreign currency at a rate of exchange determined by I TRADE FX LLC in its sole discretion on the basis of the then prevailing money market rates. 14. RISK ACKNOWLEDGMENT. Trader acknowledges that investments in leveraged and non-leveraged transactions are speculative, involve a high degree of risk, and are appropriate only for persons who can assume risk of loss in excess of their margin deposit. Trader understands that because of the low margin normally required in OTCFX trading, price changes in OTCFX may result in significant losses that may substantially exceed Trader's investment and margin deposit. Trader warrants that Trader is willing and able, financially and otherwise, to assume the risk of OTCFX trading and in consideration of I TRADE FX LLC's carrying his/her account(s). Trader agrees not to hold I TRADE FX LLC responsible for losses incurred following its trading recommendations or suggestions or those of its employees, agents or representatives. Trader recognizes that guarantees of profit or freedom from loss are impossible of performance in OTCFX trading. Trader acknowledges that Trader has received no such guarantee from I TRADE FX LLC or any of its representatives or any introducing agent or other entity with which Trader is conducting his/her I TRADE FX LLC account and has not entered into this agreement in consideration of or in reliance upon any such guarantee or similar representations. 15. TRADING RECOMMENDATIONS. (a) Trader acknowledges that (I) Any market recommendations and information communicated to Trader by I TRADE FX LLC or by any person within the company, does not constitute an offer to sell or the solicitation of an offer to buy any OTCFX positions, (II) Such recommendation and information, although based upon information obtained from sources believed by I TRADE FX LLC to be reliable, may be based solely on an option and that such information may be incomplete and may be unverified, and (III) I TRADE FX LLC 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 Trader. Trader acknowledges that I TRADE FX LLC 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 Trader, and that the market position of I TRADE FX LLC or any such officer, director, affiliates, associate, stockholder or representative may be consistent with the recommendations furnished to Trader by I TRADE FX LLC. Trader acknowledges that I TRADE FX LLC makes no representations concerning the tax implications or treatment of trading Forex; and, (b) Trader further acknowledges that should Trader grant authority or control over Trader's account to a third party ("Trading Agent"), whether on a discretionary or non-discretionary basis, I TRADE FX LLC shall in no way be responsible for reviewing Trader's choice of such Trading Agent nor making any recommendations with respect thereto. Trader understands that I TRADE FX LLC makes no warranties nor representations concerning the Trading Agent, that I TRADE FX LLC shall not be responsible for any loss to Trader occasioned by the actions of the Trading Agent and that I TRADE FX LLC does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If Trader gives Trading Agent authority to exercise any of its rights over Trader's account(s), Trader understands that Trader does so at Trader's own risk. 16. TRADER REPRESENTATIONS AND WARRANTIES. Trader represents and warrants that: (a) Trader is of sound mind, legal age and legal competence; and, (b) No person other than Trader has or will have an interest in Trader's account(s); (c), Trader hereby warrants that regardless of any subsequent determination to the contrary, Trader is suitable to trade OTCFX; and (d) Trader is not now an employee of any exchange, any corporation in which any exchange owns a majority of the capital stock, any member of any exchange and/or firm registered on any exchange, or any bank, trust, or insurance company that trades the same instruments as those offered by I TRADE FX LLC, and in the event that the Trader becomes so employed, Trader will promptly notify I TRADE FX LLC at its home office in writing of such employment; and, (e) All the information provided in the information portion of this Agreement is true, correct and complete as of the date hereof and Trader will notify I TRADE FX LLC promptly of any changes in such information; and,(f) Trader will not enter into any Trade for the purpose of arbitrage, scalping or to exploit any temporal and/or minor inaccuracy in any exchange rate. 17. DISCLOSURE OF FINANCIAL INFORMATION. Trader represents and warrants that the financial information disclosed to I TRADE FX LLC in this document is an accurate representation of the Trader's current financial condition. The Trader represents and warrants that in determining the Trader's Net Worth, Assets and Liabilities were carefully calculated then Liabilities were subtracted from Assets to determine the value that the Trader has included in the financial information as Net Worth. The Trader represents and warrants that in determining the value of Assets, the Trader included cash and/or cash equivalents, U.S. Government and Marketable securities, real estate owned (excluding primary residence), the cash value of life insurance and other valuable Assets. The Trader included notes payable to banks (secured and unsecured), notes payable to relatives, real estate mortgages payable (excluding primary residence) and other debts. The Trader represents and warrants that in determining the Trader's Liquid Assets the Trader included only those Assets that can be quickly (within one day's time) converted to Cash. The Trader represents and warrants that the Trader has very carefully considered the portion of the Trader's assets that the Trader considers to be Risk Capital. The Trader recognizes that Risk Capital is the amount of money the Trader is willing to put at risk and if lost would not, in any way, change the Trader's lifestyle. The Trader agrees to immediately inform I TRADE FX LLC if the Trader's financial condition changes in such a way to reduce the Trader's Net Worth, Liquid Assets and/or Risk Capital. 18. NO GUARANTEES. Trader acknowledges that Trader has no separate agreement with Trader's broker or any I TRADE FX LLC employee or agent regarding the trading in the Trader's I TRADE FX LLC account, including any agreement to guarantee profits or limit losses in Trader's account. Trader understands that Trader is under an obligation to notify I TRADE FX LLC's Compliance Officer immediately in writing as to any agreement of this type. Further, Trader understands that any representations made by anyone concerning Trader's account that differs from any statements Trader receives from I TRADE FX LLC must be brought to the attention of I TRADE FX LLC's Compliance Officer immediately in writing. Trader understands that Trader must authorize every transaction prior to its execution unless Trader has delegated discretion to another party by signing I TRADE FX LLC's limited power of attorney (LPOA), and any disputed transaction must be brought to the attention of I TRADE FX LLC's Compliance Officer pursuant to the notice requirement of this Trader Agreement. Trader agrees to indemnify and hold I TRADE FX LLC harmless from all damages or liability resulting from Trader's failure to immediately notify I TRADE FX LLC's Compliance Officer of any of the occurrences referred to herein. All notices required under this section shall be sent to I TRADE FX LLC at its home office. 19. CREDIT. Trader authorizes I TRADE FX LLC or agent acting on behalf of I TRADE FX LLC to investigate Trader's credit standing and in connection therewith to contact such banks, financial institutions and credit agencies as I TRADE FX LLC shall deem appropriate to verify information regarding Trader. Trader further authorizes I TRADE FX LLC to investigate Trader's current and past investment activity, and in connection therewith, to contact such futures commission merchants, exchanges, broker/dealers, banks, and compliance data centers as I TRADE FX LLC shall deem appropriate. Upon reasonable request made in writing by Trader to I TRADE FX LLC, Trader shall be allowed to review any records maintained by I TRADE FX LLC relating to Trader's credit standing. Trader shall also be allowed, at Trader's sole cost and expense, to copy such records. 20. JOINT ACCOUNTS. (a) If this account is held by more than (1) one person, all of the joint holders are jointly and severally liable to I TRADE FX LLC for any and all obligations arising out of transactions in the account and agree to be bound by all terms and conditions of this Agreement signed by each party. I TRADE FX LLC is authorized to accept instructions and to be sent confirmations to any one of the joint owners, and the Client hereby further appoints any and all of said owners as Client's agent for receipt of confirmation and hereby waives any right to receive confirmation otherwise. Any one or more of the joint owners shall have full authority for the account and risk in the name of the joint account. (b) If this account is a joint account, in the event of death of any of the Client's, the supervisor(s) shall immediately give I TRADE FX LLC written notice thereof, and I TRADE FX LLC, before or after receiving such notice, may take such action, institute such proceeding, require papers, retain such portion of the account, and restrict transactions in the account as I TRADE FX LLC may deem advisable to protect I TRADE FX LLC against any taxes, penalty, or loss under any present or future laws or otherwise. The estate(s) of any of the Clients who shall have died shall be liable, and the survivor(s) shall continue to be liable, to I TRADE FX LLC for any debit balance or loss in the account in any way resulting from the completion of transactions initiated prior to the receipt by I TRADE FX LLC of the written notice of the death of the decedent, or incurred in the liquidation of the account, or the adjustment of the interests of the respective parties. (c) If this account is held by tenants in common, then, in the event that the account is closed or upon receipt of a certified document evidencing death or legal incapacity of any tenant, the account shall be divided in equal shares unless I TRADE FX LLC is otherwise notified, in writing, signed by all joint owners of the amounts to be distributed to the individual joint owners. (d) If this account is held by the parties as joint tenants with right of survivorship, then, upon receipt of a certified document evidencing death or legal incapacity of one of the parties, the remaining party or parties shall continue this account in their name as sole or joint owners with all the terms and conditions of said account continuing in full force and effect. 21. NO WAIVER OR AMENDMENT. No provision of this Agreement may be waived or amended unless the waiver or amendment is in writing and signed by both Trader and an authorized officer of I TRADE FX LLC No waiver or amendment of this Agreement may be implied from any course of dealing between the parties or from any failure by I TRADE FX LLC or its agents to assert its rights under this Agreement on any occasion or series of occasions. No oral agreements or instructions to the contrary shall be recognized or enforceable. This instrument and the attachments hereto embody the entire agreement of the parties, superseding any and all prior written and oral agreements and there are no other terms, conditions or obligations other than those contained herein. 22. GOVERNING LAW AND JURISDICTION. This Agreement, and the rights and obligations of the parties hereto, shall be governed by, construed and enforced in all respects by the laws of the State of Florida, where I TRADE FX LLC's principal order execution facilities are located. 23. BINDING EFFECT. This Agreement shall be continuous and shall cover, individually and collectively, all accounts of Trader at any time opened or reopened with I TRADE FX LLC irrespective of any change or changes at any time in the personnel of I TRADE FX LLC or its successors, assigns, or affiliates. This Agreement including all authorizations shall inure to the benefit of I TRADE FX LLC and its successors and assigns, whether by merger, consolidation or otherwise, and shall be binding upon Trader and/or estate, executor, trustees, administrators, legal representatives, successors and assigns of Trader. Trader hereby ratifies all transactions with I TRADE FX LLC affected prior to the date of this Agreement, and agrees that the rights and obligations of Trader in respect thereto shall be governed by the terms of this Agreement. 24. TERMINATION. This Agreement shall continue in effect until termination, and may be terminated by Trader at any time when Trader has no open Spot currency position(s) and no liabilities held by or owed to I TRADE FX LLC upon the actual receipt by I TRADE FX LLC at its home office of written notice of termination or at any time whatsoever by I TRADE FX LLC upon the transmittal of written notice of termination to Trader; provided, that such termination shall not affect any transactions previously entered into and shall not relieve either party of any obligations set out in this agreement nor shall it relieve Trader of any obligations arising out of any deficit balance. 25. ACCOUNT TRANSFER AND ASSIGNMENT. Trader authorizes I TRADE FX LLC to transfer and assign Trader's account and this Agreement to another futures commission merchant or an affiliate thereof or any other legal entity. Trader may not transfer or assign this Agreement without I TRADE FX LLC's prior written consent. 26. INDEMNIFICATION. Trader agrees to indemnify and hold I TRADE FX LLC, its affiliates, employees, agents, successors and assigns harmless from and against any and all liabilities, losses, damages, costs and expenses, including attorney's fees, incurred by I TRADE FX LLC arising out of Trader's failure to fully and timely perform Trader's agreements herein or should any of the representatives and warranties fail to be true and correct. Trader also agrees to pay promptly to I TRADE FX LLC all damages, costs and expenses, including attorney's fees, incurred by I TRADE FX LLC in the enforcement of any of the provisions of this Agreement and any other agreements between I TRADE FX LLC and Trader. Furthermore, I TRADE FX LLC shall NOT be held liable and is released from all claims and losses incurred in such regard if (and to the extent that) the claim or loss was caused or contributed to by (a) Trader's Conduct: The actions or omission to act on the part of Trader or Authorized Persons (b) Forged Signature: Forged or unauthorized signatures on any document in connection with the Trader's account or this Agreement; (c) Malfunctions: System malfunction, equipment failure (whether Trader's or I TRADE FX LLC's equipment), system interruption or system unavailability; (d) Delay: Delays, failure or errors in implementing any instruction; and (e) Information: Inaccurate or incomplete instructions received by I TRADE FX LLC from Trader. 27. CROSS TRADE CONSENT. The undersigned hereby acknowledges and agrees that a situation may arise whereby an officer, director, affiliate, associate, employee, bank, bank employee or dealer associated with I TRADE FX LLC, or I TRADE FX LLC itself, may be the opposing principal or broker for a trade entered for the undersigned's account. The undersigned hereby consents to any such transaction, subject to the limitations and conditions, if any, contained in the Rules or Regulations of any bank, institution, exchange or board of trade upon which such buy or sell orders are executed, and subject to the limitations and conditions, if any, contained in any applicable Regulations of the Commodity Futures Trading Commission, National Futures Association, United States Federal Reserve or other regulatory agency. 28. TERMS AND HEADINGS. The term "I TRADE FX LLC" shall be deemed to include I TRADE FX LLC, its divisions, its successors and assigns; the term "Home Office" is I TRADE FX LLC, 250 South Park Ave., Suite 605, Winter Park, FL 32789 the term "Trader" shall mean the party (or parties) executing the Agreement; and the term "Agreement" shall include all other agreements and authorizations executed by Trader in connection with the maintenance of Trader's account with I TRADE FX LLC regardless of when executed. The paragraph headings in this Agreement are inserted for convenience of reference only and are not deemed to limit the applicability or affect the meaning of any of its provisions. 29. ACCEPTANCE. This Agreement shall not be deemed to be accepted by I TRADE FX LLC nor become a binding contract between Trader and I TRADE FX LLC until approved by I TRADE FX LLC Home Office. 30. CONSENT TO JURISDICTION AND VENUE. Trader, in order to induce I TRADE FX LLC to accept this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, hereby agrees to the following: (a) Any judicial, administrative action or proceeding, including but, not limited to, arbitration conducted by a self-regulatory or other private organization (as provided for in the section "Arbitration Agreement" below) arising directly or indirectly hereunder or in connection with the transactions contemplated hereby, whether brought by Trader or I TRADE FX LLC shall be held, at sole discretion of I TRADE FX LLC within Orange County, Florida exclusively. Trader consents and submits to, and waives any and all objections Trader may have to such venue, and further agrees to waive and forego any right Trader may have to transfer or change the venue of any action or proceeding encompassed hereby; and, (b) Trader consents and submits to the jurisdiction of any local, state or federal court located within Orange County, Florida, in any action or proceeding arising directly or indirectly hereunder or in connection with the transaction hereby, whether brought by Trader or I TRADE FX LLC. 31. RECORDINGS. Trader agrees and acknowledges that all conversations regarding Trader's account(s) between Trader and I TRADE FX LLC personnel may be electronically recorded with or without the use of an automatic tone-warning device. Trader further agrees to the use of such recordings and transcripts thereof as evidence by either party in connection with any dispute or proceeding that may arise involving Trader and I TRADE FX LLC. Trader understands that I TRADE FX LLC destroys such recordings at regular intervals in accordance with I TRADE FX LLC established business procedures and Trader hereby consents to such destruction. 32. MODIFICATIONS TO THE AGREEMENT. I TRADE FX LLC reserves the right to change the terms and conditions of this Agreement from time to time, and at any time, with or without notice to Trader, by posting such changes on the I TRADE FX LLC website. Trader is responsible for regularly reviewing these terms and conditions for any modifications and agrees to be bound by same. 33. ERISA PENSION PLAN PROVISION. Where Customer is a plan covered by ERISA (as defined below), Customer acknowledges and understands that I TRADE FX LLC is only providing services hereunder and is not a plan fiduciary as defined in section 3(21) of the Employee Retirement Security Act of 1974 ("ERISA"), and any rules or regulations promulgated there under. I TRADE FX LLC has no discretionary authority or control with respect to Customer's purchase or sale of foreign currency and that the furnishing of market recommendations and information by I TRADE FX LLC is solely for Customer's convenience and does not constitute the exercise of such authority or control; and there is no agreement, arrangement, or understanding between Customer and I TRADE FX LLC that I TRADE FX LLC's recommendations will serve as the primary basis for investment decisions with respect to the assets of Customer or that I TRADE FX LLC will render individualized investment advice to Customer based on the particular needs of Customer. Customer further represents that it has full power and authority pursuant to governing agreements and otherwise to enter into this agreement and to engage in transactions in foreign currency of the kind contemplated herein. RISK DISCLOSURE STATEMENT ? All Client accounts are a sub-account of one major I TRADE FX LLC account. ? All Client accounts will have trades executed via I TRADE FX LLC accounts and trading lines. ? All Client accounts will have margin requirements established by the I TRADE FX LLC dealing desk. ? The automated I TRADE FX LLC trading system will distribute profits and losses accordingly to all Client accounts. ? I TRADE FX LLC may establish rules and provisions for Client accounts, including but not limited to minimum account size, investment time period, commissions and incentive fees, or any other financial arrangements. ? It is the Client's responsibility to find all necessary information about I TRADE FX LLC and ensure that all arrangements are discussed and clearly understood prior to any trading activity. ? It is the Client's responsibility to find out all necessary information about a Trading Agent prior to any trading activity, if account is to be traded by someone other than himself. ? All Clients should be aware that guaranteeing any return is illegal. In addition, I TRADE FX LLC is not responsible for any claims or assurances made by I TRADE FX LLC, its employees and/or associates. ? Certified or Cashier's Checks made payable to I TRADE FX LLC ? Mailing Address: I Trade FX LLC 255 Primera Blvd, Suite 230, Lake Mary, FL 32746 ? Wire Transfers: Please see Website for wire instructions. Please reference your name on all checks, wire transfers, and correspondence. LENDING AGREEMENT By signing this Agreement, Trader authorizes I TRADE FX LLC and its affiliates to use all funds, securities, currencies and other property of Trader as specified in Paragraph 6 of the Trader Agreement. HIGH RISK INVESTMENT In addition to standard industry disclosures contained in this Agreement, you should be aware that margined currency trading is one of the riskiest forms of investment available in the financial markets and is only suitable for sophisticated individuals and institutions. An account with I TRADE FX LLC permits you to trade foreign currencies on a highly leveraged basis (up to approximately 100 times your account equity or as otherwise permitted by applicable regulation). An initial deposit of $1,000 may enable the Trader to take a maximum position with $100,000 notional market value. The funds in an account trading at maximum leverage can be completely lost, if the position(s) held in the account has a two percent swing in value. Given the possibility of losing an entire investment, speculation in the foreign exchange market should only be conducted with risk capital funds that if lost will not significantly affect your personal or institution's financial well being. If you have pursued only conservative forms of investment in the past, you may wish to study currency trading further before continuing an investment of this nature. You must realize that you could sustain a total loss of all funds you deposit with your broker as initial margin as well as substantial amounts of capital, when trading currencies, should the market go against your investment. If you wish to continue with your investment, you acknowledge that the funds you have committed are purely risk capital and loss of your investment will not jeopardize your style of living nor will it detract from your future retirement program. Additionally, you fully understand the nature and risks of currency investments, and your obligations to others will not be neglected should you suffer investment losses. The transactions you are entering into with I TRADE FX LLC are not traded on an exchange. Therefore, under the U.S. Bankruptcy Code, your funds may not receive the same protections as funds used to margin or guarantee exchangetraded futures and options contracts, which receive a priority in bankruptcy. Since that same priority has not been given to funds used for off-exchange forex trading, if I TRADE FX LLC becomes insolvent and you have a claim for amounts deposited or profits earned on transactions with I TRADE FX LLC, your claim may not receive a priority. Without a priority, you are a general creditor and your claim will be paid, along with the claims of other general creditors, from any monies still available after priority claims are paid. Even customer funds that I TRADE FX LLC keeps separate from its own operating funds may not be safe from the claims of other general and priority creditors. BASIC DISCLOSURE NFA Compliance Rule 2-36(g) requires Forex Dealer Members to provide customers with written information regarding NFA's Background Affiliation Status Information Center (BASIC), including the web site address. Whether you are an investor thinking about opening a futures account or an NFA Member contemplating a new business relationship, BASIC can be a valuable resource for you. BASIC contains Commodity Futures Trading Commission (CFTC) registration and NFA membership information and futures-related regulatory and non-regulatory actions contributed by NFA, the CFTC and the U.S. futures exchanges. Please visit the following link to find out further information about I-Trade FX LLC and other NFA Members, http://www.nfa.futures.org/basicnet/. SOCIAL SECURITY OR TAX IS CERTIFICATION AND BACKUP WITHHOLDING STATEMENT Under penalties of perjury, I certify (1) the number shown on this agreement is the correct Social Security or Taxpayer Identification number and (2) the ownership, or beneficiary, of this account is not subject to backup withholding under Section #3406 (a)(1)(C) of the Internal Revenue Code. EMAIL ACKNOWLEDGEMENT Client acknowledges that it is Client's obligation to immediately notify I TRADE FX LLC if there is a change in Client's electronic mail address, or other location to which the electronic records may be provided. ADDRESS ACKNOWLEDGEMENT Client acknowledges that it is Client's obligation to notify I TRADE FX LLC of the address or other location to which paper records may be provided, if necessary. AUTHORIZATION TO TRANSFER FUNDS Trader agrees hereby that I TRADE FX LLC may at any time, in the judgment of I TRADE FX LLC and its associates, apply and transfer from Trader's account to any of Trader's other accounts held with I TRADE FX LLC or an affiliate of I TRADE FX LLC or other approved financial institution or its associates any of the monies, currencies or other property of Trader held either individually or jointly with others to another regulated account of the same said Trader. CONSENT TO ELECTRONIC TRANSMISSION OF CONFIRMATIONS & ACCOUNT STATEMENTS Client hereby consents to have Client's account information and trade confirmations available on the Internet in lieu of having such information delivered to Client via mail or email. Client will be able to access account information via the I TRADE FX LLC website using Client's account login information to access the account. I TRADE FX LLC will post all of Client's account activity and Client will 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 more than twenty-four hours after any activity takes place on Client's account. Posting of account information on Client's online account will be deemed delivery of confirmation and account statements. At all times, account information will include trade confirmations with ticket numbers, purchase and sale rates, used margin, amount available for margin trading, statements of profit and losses, as well as current open or pending positions. Client may revoke this consent at any time upon written notice to I TRADE FX LLC. ARBITRATION AGREEMENT Any controversy between Trader and I TRADE FX LLC, arising out of or relating to Trader's account shall be, except as provided below, resolved by arbitration in accordance with Part 180 of the Commodity Exchange Act as amended. Any award rendered in such arbitration shall be final and binding on and enforceable in accordance with the laws of any court having jurisdiction. At such time that Trader notifies I TRADE FX LLC that s/he intends to submit a claim to arbitration or at such time that I TRADE FX LLC notifies Trader of its intent to submit a claim to arbitration, Trader will have the opportunity to elect a qualified forum for conducting the proceeding. Within ten (10) business days of notice by either party of intent to file a claim, I TRADE FX LLC will provide Trader with a list of organizations whose procedures qualify them to conduct arbitration in accordance with Part 180 of the Commodity Exchange Act together with the rules of each forum listed. Failure to select an organization gives I TRADE FX LLC the right to select an organization. I TRADE FX LLC will pay any incremental fees, which may be assessed by a qualified forum for provision of a mixed panel, unless the arbitrators determine that the Trader has acted in bad faith in initiating or conducting that proceeding. Three forums exist for the resolution of Forex disputes: Civil Court litigation, reparations at the Commodity Futures Trading Commission (CFTC), and arbitration conducted by a selfregulatory or other private organization. The CFTC recognizes that the opportunity to settle disputes by arbitration may in some cases provide many benefits to customers, including the ability to obtain an expeditious and final resolution of disputes without incurring substantial costs. The CFTC requires, however, that each customer individually examine the relative merits of arbitration and that you consent to the arbitration agreement by voluntary. By signing this arbitration agreement, you (1) may be waiving your right to sue in a court of law; and (2) are agreeing to be bound by arbitration of any claims or counterclaims that you or I TRADE FX LLC may submit to arbitration under this arbitration agreement. You are not, however, waiving your right to elect instead to petition the CFTC to institute reparations proceedings under Section 14 of the Commodity Exchange Act with respect to any dispute, which may be arbitraged pursuant to this Agreement. In the event a dispute arises, you will be notified if I TRADE FX LLC intends to submit the dispute to arbitration. If you believe a violation of the Commodity Exchange Act is involved and if you prefer to request a Section 14 "Reparations" proceeding before the CFTC, you have 45 days from the date of such notice in which to make the election. Traders who do not elect to be bound by arbitration are not precluded from opening an account with I TRADE FX LLC. See 17 CFR 180.1-180.5.
我同意Itradefx的交易协议.