Introduction

This Client Agreement and Risk Disclosure (the “Agreement”) is entered into between Verdientrade and you, the client, governing the terms and conditions of our trading services and all transactions conducted with you.

Please carefully review this Agreement and seek professional advice if necessary. By signing the Application Form or electronically agreeing to this Agreement, you acknowledge that contracts entered into under this Agreement are legally binding and enforceable.

Risk Disclosure Statement

This notice is provided to you because you are considering dealing with Verdientrade in Foreign Exchange Contracts, Contracts for Difference, deposits and payments products, and other Derivatives Contracts (“Transactions”) either on a margin basis or otherwise.

This notice does not disclose or explain all of the risks and other significant aspects involved in dealing in these Transactions but is designed to explain in general terms the nature of the risks particular to dealing in these Transactions and to help you make investment decisions on an informed basis.

Prior to applying for an account, you should carefully consider whether trading in these Transactions is suitable for you in light of your circumstances and financial situation. Margin FX and CFDs involve varying levels of exposure to risk, and you should be aware of the following points:

• Trading in Margin FX and CFDs carries a high degree of risk. The “gearing” or “leverage” involved means that a small initial margin payment can lead to substantial losses exceeding your initial investment.
• A relatively small market movement can lead to a proportionately much larger movement in the value of your investment, which can work against you.
• Most OTC derivatives are off-exchange, meaning there is no exchange market to close out an open position, exposing you to counterparty risk.
• Fluctuations in foreign exchange rates can affect profit or loss from OTC derivatives denominated in foreign currencies.
• Margin FX and CFDs are contingent liability transactions that require payments against the purchase price and may only be settled in cash.
• You may sustain a total loss of the margin deposited with us. Market movements may require additional margin payments on short notice, failure of which may lead to liquidation at a loss.

Terms and Conditions

These terms and conditions form part of the Agreement between Verdientrade (License Number 56573AD) we and you, governing our trading services and all transactions conducted with you.

We are regulated by the Cayman Islands Monetary Authority with license number 1811316. The Agreement includes the Application Form, these terms and conditions, any additional terms issued by us and notified to you, and the market information sheet published from time to time.

By signing the Application Form or electronically agreeing to this Agreement, you acknowledge that contracts entered into under this Agreement are legally binding and enforceable.

Who Are We

Verdientrade Corporation is regulated and authorized by the Cayman Islands Monetary Authority to provide financial product advice, deal, and make a market in foreign exchange contracts and derivatives to retail and wholesale clients.

We act as principal in all trades with you. Unless agreed otherwise, you will deal with us directly, and we will be the counterparty to all trades.

We reserve the right to require confirmation of authority from any agent acting on your behalf concerning your account.

General

This Agreement is governed by the laws applicable in Tortola, British Virgin Islands. Headings and examples in this Agreement are for ease of reference only and do not form part of this Agreement.

For complete details and to ensure understanding, please review all relevant documents and seek professional advice where necessary before proceeding.