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I. Leverage risks/effect When making transactions in terms of marginal trading, a relatively minor deviation of the rate can bring either considerable profit or losses. When the market moves against the Client, they can lose all the deposited funds. The Client shall be fully liable for the allocation of their financial resources, the relevant trading strategy, and shall take into account all leverage-related risks. II. Technical Risks The Client accepts the risks of financial losses incurred because of failures of information, communication, electronic and other systems. The Client accepts the risks of financial losses, which can happen because of the malfunction of hardware and software facilities and poor communication at the Client’s side. The Client bears responsibility for their financial losses incurred because of ignorance of the instructions presented in the Client’s Terminal Instruction Manual. III. Communication Risks The Client accepts the risks associated with unauthorized access to the information they sent (by electronic mail or using instant message service) in case it was sent unencrypted. The Client accepts the risks of financial losses incurred in the result of delay or non-receipt by Client a message from the Company. Client bears sole responsibility for the safety of confidential information received from the Company and accepts the risks of financial losses incurred in the result of unauthorized access of the third parties to the trading account. IV. Force Majeure The Company holds no responsibility for any activity of the third parties, which may influence the cooperation between the Company and the Client. The Client accepts the risks of financial losses incurred in a result of force majeure circumstances: hostility, terrorist acts, acts of God, trading halts at financial markets, a sharp decrease of liquidity caused by financial market instability, currency interventions, legislation changes, changes of other parties’ conditions, etc. The Company shall bear no responsibility before the Client for any actions, inactions or omissions of a third party and also for any losses incurred by the Client in a result of actions, inactions or omissions of a third party unless such losses directly arise from the Company’s willful default or fraud or gross negligence. The Company shall also bear no responsibility or liability for unfavorable consequences for the Client due to the insolvency/bankruptcy of a third party.

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