{"id":3242,"date":"2025-09-12T15:33:17","date_gmt":"2025-09-12T12:33:17","guid":{"rendered":"https:\/\/gcfxdemo.etriplesoft.com\/?page_id=3242"},"modified":"2025-09-12T15:33:17","modified_gmt":"2025-09-12T12:33:17","slug":"clients-agreement-and-terms-conditions","status":"publish","type":"page","link":"https:\/\/gcfxdemo.etriplesoft.com\/index.php\/legal\/clients-agreement-and-terms-conditions\/","title":{"rendered":"Client\u2019s Agreement (and Terms & Conditions)"},"content":{"rendered":"
[vc_row full_width=”stretch_row” customize_bg_mobile=”1″ css=”.vc_custom_1757679529418{padding-top: 180px !important;padding-bottom: 210px !important;}” custom_styles_mobile=”.vc_custom_1757679529421{padding-top: 100px !important;padding-bottom: 100px !important;}” custom_styles_landscape=”.vc_custom_1757679529419{padding-top: 100px !important;padding-bottom: 100px !important;}”][vc_column][vc_btn title=”Download in PDF ” color=”black” align=”right” i_icon_fontawesome=”fa fa-solid fa-download” css=”” add_icon=”true” link=”url:https%3A%2F%2Fgcfxdemo.etriplesoft.com%2Fwp-content%2Fuploads%2F2025%2F08%2FClient-Agreement-and-Terms-Conditions-v4-12.6.2025.pdf|target:_blank”][vc_column_text css=””]GLOBAL CAPITAL MARKET LIMITED
\nPage 1 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n

CLIENT\u2019S AGREEMENT (AND TERMS & CONDITIONS)<\/p>\n

A) OBJECTIVE<\/p>\n

GLOBAL CAPITAL MARKET LIMITED (\u201cGCFX \/ the Company\u201d) is regulated under the Labuan Financial Services and Securities Act 2010 in the
\nFederal Territory of Labuan, Malaysia by the Labuan Financial Services Authority (\u201cLabuan FSA\u201d) with license number MB\/20\/0056.
\nThese Terms and Conditions (\u201cAgreement\u201d), entered by and between the Company and You (the \u201cClient\u201d) (hereinafter both referred to as
\n\u201cParties\u201d), contain the terms and conditions governing the contractual relationship between both Parties and govern each transaction
\nentered into or outstanding between the Company on or after the execution of this Agreement.
\nThe relationship between the Client and the Company shall be governed by this Terms & Conditions. As this Agreement is a distance contract,
\nwhich signing the Agreement is not required and the Agreement has the same judicial power and rights as a regular signed one.
\nThe Agreement together with other documents including Risk Disclosure, Order Execution Policy, Conflicts of Interest Policy, Privacy Policy,
\nAnti Fraud (and Financial Crime) Policy, Anti Money Laundering, Know Your Customer & Due Diligence Policy constitute the entire Agreement
\nbetween the Company and the Client and set out the basis on which the services are rendered to the Client.
\nB) DEFINITIONS AND INTERPRETATION OF TERMS
\nIn this Agreement the following terms shall, unless the context otherwise pledges, have the following meanings and may be used in the
\nsingular or plural as appropriate:
\nApplicable Law – the laws, orders, legally binding guidelines or directives and regulations of Malaysia including but not limited to Labuan
\nCompanies Act 1990 [Act 441], Anti-Money Laundering and Anti-Money Laundering and Anti Terrorism Financing Act 2001 [Act 613], Labuan
\nFinancial Services and Securities Act 2010 [Act 704] and any other related laws, orders, legally binding guidelines or directives and regulations.
\nApplicable Regulation – for the purposes of these Terms, applicable regulations shall include the rules of any other relevant regulatory
\nauthority or exchange and any applicable laws and regulations in force from time to time. Where these Terms conflict with Applicable
\nRegulations, the latter shall prevail.
\nBusiness Day – a day (other than a Saturday, Sunday and Public Holidays applicable to Federal Territory of Labuan & Malaysia) on which
\nLabuan banks (as defined in Labuan Financial Services and Securities Act 2010) are generally open for business in Malaysia.
\nCalculation Agent – Global Capital Market Limited (Company Number: LL16397).
\nClients\u2019 Money – Money of any currency belonging to you that we receive or hold for you, or on your behalf in the course of providing the
\nServices, that we treat as clients\u2019 money held in trust. In a designated bank account.
\nClosing Date – the date on which the close-out of an open Transaction is effective.
\nClosing Level – the level at which a Transaction is closed.
\nComplaints Policy – our complaints policy which is updated from time to time and can be found on our Website for the use of clients.
\nContract Specifications – the section of our Website designated as the \u201cContract Specifications\u201d as amended from time to time.
\nCredit Support Provider – with respect to the counterparty, a party providing credit support in respect of the obligations of the Counterparty.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 2 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\nDaily Financing Fee – the charge which we apply daily to the Open Position. Details of the Daily Financing Fees are set out in the Contract
\nSpecifications.
\nElectronic Trading Services – any electronic services (together with any related software) including without limitation trading, direct market
\naccess order routing or information services that we grant you access to or make available to you either directly or through a third-party
\nservice provider, and used by you to view information and\/or enter into Transactions.
\nExpiry Transaction – a Transaction which had a set contract period at the end of which the Expiry Transaction expires automatically.
\nForce Majeure Event – an event which is beyond the reasonable control of an affected party or the reasonable control of its suppliers and
\ncontractors including without limit any Market Disruption, acts or restraints of government(s) or public authorities, war, derelict weapons of
\nwar, nuclear, radioactive, biological, chemical, biochemical or electromagnetic weapons or contamination, revolution, strikes, lock-outs or
\nother forms of industrial action, fire, flood, natural disaster, explosion, unavoidable accidents, terrorist action, failure of a utility service or
\ntransport network, the suspension or limitation of trading by any execution venue, or any breakdown, failure, defective performance or
\nmalfunction of any telecommunications, uncontrolled spread of epidemic or pandemic, settlement or other equipment or systems.
\nFinancial Instrument – options, and contracts for difference in foreign exchange offered for trading by us or our Group Company pursuant to
\nthis agreement.
\nGroup – in relation to Global Capital Market Limited (Company Number: LL16397), that company, any subsidiary(ies) or any holding
\ncompany(ies) from time to time of Global Capital Market Limited (Company Number: LL16397), and any subsidiary(is) from time to time of a
\nholding company of Global Capital Market Malaysia (Company Number: LL16397). Each company in a Group is a member of the Group.
\nGroup Company – in relation to a company, any member or\/and affiliate of its Group.
\nLast Dealing Time – the last day and time before which a Transaction may be dealt in, as set out in the customer account application otherwise
\nnotified to you, or otherwise the last day and (as the context requires) time on which the underlying instrument may be dealt in on the
\nrelevant Underlying Market.
\nLinked Transaction – two or more Transactions in respect of which we agree not to call for, or apply, the full amount of Margin as a result of
\nthe relationship between such Transactions.
\nManifest Error \/ Manifestly Erroneous – a manifest or obvious misquote by us based on a price source on which we have relied in connection
\nwith any Transaction, having regard to the current market conditions at the time a Transactions is entered into, as determined by us.
\nMargin – a deposit of funds or collateral acceptable to us to secure your liability to us for any losses which may be incurred in respect of the
\ntransaction or where we determine in our sole and absolute discretion that additional security is required from you where there is adverse
\nmovement in the price of a transaction.
\nMarket – any market subject to government or state regulation with established trading rules and trading hours including a Market.
\nMarket Disruption – any circumstance in which we reasonably believe the relevant market or exchange relating to a Transaction, our matching
\ncontract with our counterparty or any relevant foreign exchange related product is suspended, closed, materially impaired or cannot be
\nrelied upon.
\nMarket Rules – the rules, regulations, customs and practices from time to time including any exchange, clearing house or other organisation
\nor market involved in the conclusion, execution or settlement of a Transaction or any matching contract we enter into with a counterparty.
\nThis includes any exercise by any such exchange, clearing house or other organisation or market of any power or authority conferred on it.
\nMarket Spread – the difference between the bid and offer prices for a Transaction of equivalent size in an instrument, or a related Instrument,
\nin the Underlying Market.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 3 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\nMoney Laundering Requirements – All applicable anti-money laundering laws and regulations to which Global Capital Market Limited
\n(Company Number: LL16397), the Group Companies and you are subject, including but not limited to Anti-Money Laundering, Anti-terrorism
\nFinancing and Proceeds of Unlawful Activities Act 2001 [Act 613] of which shall include any such variations, supplements and\/ or amendments
\nthereto.
\nNormal Market Size – the maximum number of stocks, shares, contracts or other units that we reasonably believe the Underlying Market
\nto be good in at the relevant time, having regard, if appropriate, to the exchange market size set by the Stock Exchange or any equivalent
\nor analogous level set by the Underlying Market on which the relevant instrument is traded.
\nOnline Facility – Our website, online trading platform and account review facility.
\nOpen Position – a transaction which has not been closed in whole or in part under this Agreement.
\nOrder Execution Policy – The policy is available on the Website for clients\u2019 information.
\nPayment Date – The date on which you will settle the amount due to us under a Transaction(s) in the currency and to the account specified
\nby us to you in advance of such payment becoming due.
\nReference Asset – Property of any description or an index or other factor designated in a CFD or Margin transaction to which reference is
\nmade to fluctuations in the value or price for the purpose of determining profits or losses under the CFD or Margin transaction.
\nRisk Warning – The risk warning provided on the Website.
\nRolling Daily Transaction – a Transaction which does not automatically expire at the end of the Business Day but are automatically \u2018rolled
\nover\u2019 to the next Business Day.
\nSpread – the difference between the lower and higher figures of a quoted two-way price for an investment.
\nTermination Payment – an amount payable by you to us in accordance with clause 38.
\nTermination Date – the date of the termination of this Agreement between you and us.
\nTransaction – a transaction in options, futures and contracts for difference in foreign exchange, precious metals or commodities or other
\nfinancial instruments and products entered into between you and us including any transaction liable to Margin, unless otherwise stated.
\nUndated Transaction – a Transaction with an indefinite contract period that is not capable of expiring automatically.
\nUndated Buy Transaction – a Transaction to buy with an indefinite contract period that is not capable of expiring automatically.
\nUndated Sell Transaction – a Transaction to sell with an indefinite contract period that is not capable of expiring automatically.
\nUnderlying Market – means the exchange and\/or other similar body and\/or liquidity pool on which an Instrument is traded or trading in
\nthat Instrument as the context requires.
\nWebsite – means any of our website(s) which provides Electronic Trading Services to you and any other of our clients through such internet
\naddress(es) as may be designated by us from time to time.<\/p>\n

C) COMMENCEMENT
\nThis Agreement supersedes any previous agreement between the Client and the Company on the same subject matter and takes effect
\nwhen the Client indicates his\/her acceptance via the Main Website. This Agreement shall apply to all transactions contemplated under this
\nAgreement.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 4 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n1. INTRODUCTION
\n1.1 This Client Agreement providesfor the terms and conditions(\u201dTerms\u201d) which shall govern the services provided by \u201cGCFX\u201d
\n(\u201cwe\u201d, \u201dour\u201d or \u201cus\u201d) a duly registered trading name of Global Capital Market Limited to you. Global Capital Market Limited
\nis a company limited by shares (bearing registration number LL16397), incorporated under Section 15 of the Labuan
\nCompanies Act 1990 [Act 441] which is regulated by Labuan FSA. It is a licensed Money Broking Business as defined under
\nsection 86 of Labuan Financial Services and Securities Act 2010. Our registered address is Unit Level 12F(1), Main Office
\nTower, Financial Park Labuan, Jalan Merdeka, 87000 Federal Territory of Labuan, Malaysia.
\n1.2 We shall hereby deal with you as a principal unless and until we inform you in writing that we are dealing with you as an
\nagent, or agent with respect to any other transaction(s) or class of transaction(s). You will hereby enter into transactions
\nas a principal unless otherwise agreed in writing by us.
\n1.3 You hereby acknowledge and agree that, by (i) opening an Account via our Online Facility;(2) your electronic acceptance
\nof the Terms as stated herein; and (3) your use or continued use of our services, you hereby understand, represent,
\nacknowledge and agree to be bound by the Terms of this Agreement (of which any variation, changes, amendment,
\naddition or novation of these Terms which shall be notified to you from time to time by reasonable manner). A current
\nand definitive copy of this Agreement (as may be updated by us from time to time) shall be available to you on our Website
\n(as hereinafter defined in Schedule 1 of this Agreement) at all times SAVE AND EXCEPT (i) during our website maintenance
\nof which will be announced by us on the main page of our Website within reasonable time prior to the said maintenance;
\nand\/or (ii) the malfunctioning of the Website due to hacking, other security threat and\/or issues caused by negligence or
\nomission of any person.
\n1.4 You hereby agree under these Terms to notify us immediately upon any variation, change, amendment, addition or
\nalteration to any information that you have provided to us in connection with these Terms. We shall not be in any way
\nliable for any damages, losses, costs, or expenses whatsoever of any kind suffered or incurred by you as a result arising
\nfrom your failure, negligence or omission to make such notification.
\n1.5 In this Agreement we have used defined words and terms. After a definition, an explanatory word or phrase, we have
\nthereby included the relevant defined word or term in bold and in inverted commas between brackets. Unless otherwise
\nspecified, all other uses of the same defined word or term shall bear the same meaning. In the event any capitalized term
\nnot being defined in Schedule 1 or any part herein, those term shall denote its meaning from common trade and
\ncommercial usage of the financial servicesindustry.
\n2. REGISTRATION INFORMATION
\n2.1 GCFX is a registered trading name of Global Capital Market Limited. It was incorporated under Labuan Companies Act 1990
\non 26 November 2019, bearing registration number LL16397. Their supervisory authority is Labuan Financial Services
\nAuthority.
\n3. OUR SERVICES
\n3.1 Subjectto the Termsin this Agreement and the acceptance of your application to open an accountwith us,we shall maintain
\none (1) or more account registered in your name and shall provide you with execution- only dealing services in relation to
\ncontracts in Foreign Exchange (FX) and Contracts for Difference (CFDs) where the underlying investments or products
\ninclude foreign exchange contracts, metals, equity indices and commodities and such other dealings as we deem fit and
\nproper. Our services shall also include the offering of any other type of financial products of which we may offer to clients
\nthrough the Online Facility from time to time (\u201ctheServices\u201d).<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 5 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n3.2 Orders for execution of a Transaction, unless otherwise agreed by us (whether in writing or oral), are to be given to us
\nelectronically through our Online Facility to buy at the quoted offer price (\u201cLong Position\u201d) or sell at the quoted bid price
\n(\u201cShort Position\u201d) for the relevant Reference Asset.
\n3.3 You hereby acknowledge and agree that, unless otherwise agreed in a formal written instrument, you shall not be entitled
\nto delivery of, or be required to deliver, any Reference Asset, and you shall not acquire any interest in any Reference Asset.
\n3.4 You hereby acknowledge and agree that we have the right to close any Transaction in our sole and absolute discretion
\nwithout notice.
\n3.5 We shall not nor provide nor under any duty to provide you with advice on the merits or demerits of a particular
\ntransaction and\/or any personal recommendations in relation to any transaction. This shall mean that you shall rely solely
\non your own assessment of any transaction that you are considering or of the composition of your account(s) and any
\nopinion, research whereby the analysis expressed or published by us or our Group Companies as being a recommendation
\nor advice in relation to that transaction shall only be deemed as part one of the sources of which you have referred to in
\nrelation to your research and shall not be deems as the representation, undertaking or otherwise any guarantee
\nwhatsoever to you.
\n3.6 Any advisors in legal, accounting, tax and\/or other services retained, engaged, selected or remunerated by us shall be
\nproviding the services solely to us (the \u201cProfessional Services\u201d). You shall be responsible for obtaining the Professional
\nServices, if required, at your own expenses and liabilities. No Professional Services retained by us and\/or any Group
\nCompany shall in any circumstances be deemed to be Professional Services available to you, your Group Company or any
\nother person in relation thereto.
\n3.7 Provision of the Services shall not, unless and until specifically agreed between us and you in writing, give rise to any
\nfiduciary or equitable duties to you on our part or that of our Group Companies. You hereby agree that nothing contained
\nin these Terms shall create any fiduciary, trustee, agency, joint venture or partnership relationship between us or any
\nGroup Company of ours, on the one hand, and you or any Group Company of yours on the other.
\n4. OUR OBLIGATION TO KNOW OUR CLIENT
\n4.1 We are required to identify the following from each of our clients: –
\n(a) the identification particulars of our client including but not limited to name, identification number or passport number
\n(whichever applicable) and registration number in relation to a company, limited partnership, limited liability
\npartnership, society, business and or other entities duly registered under the law of any jurisdiction;
\n(b) the nature of the client\u2019s business, source of client\u2019sfunds.
\n(c)address proof, documents relating to client\u2019s business, banking information.
\n(d) other details relating to Transactions;
\n[Collectively referred to as the \u201cCustomer Due Diligence\u201d or \u201cKnow Your Customer\u201d (CDD) or (KYC) Enhanced Due Diligence
\n(EDD) may also be required. Client will be under obligation to provide all necessary documents asrequired.]\n4.2 You hereby agree and undertake to provide us with all the information we require as part of our CDD procedures. You
\nhereby further authorize us or any of our agent(s) to investigate your identity, credit standing and\/or any current and past
\ninvestment activity, and in connection with such investigations, to contact such banks, brokers and other related party as
\nwe shall deem appropriate and necessary.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 6 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n4.3 Without prejudice to the Terms herein, you agree that we shall be held harmless against any loss arising as a result of any
\ndelay or failure to process any application or transaction if all such documentation as has been requested by us has not
\nbeen provided by you.
\n4.4 We hereby reserve the right to make necessary amendments, corrections and\/or deletions to any details, particulars and
\ninformation provided by the clients at our sole discretion on the company\u2019s trading platform PROVIDED THAT the said
\ndetails, particulars and\/or information contained on the application form therein are incorrect, missing and\/or
\nunnecessary after comparison is made with the clients\u2019 KYC documentations.
\n5. PROVIDING A QUOTE
\n5.1 Upon yourrequest wemay at oursole and absolute discretion provide you with a relevant quotation, of which shall be nonbinding at any laws and equities and therein shall contain the description of all relevant charges for each Transaction
\nintended to be provided by us to you (the \u201cQuotation\u201d). The Quotation shall thereby be either the bid\/offer prices
\ncommensurate to the Underlying Market or bid\/offer prices as fixed by us (whichever may apply) and the details of the
\napplication ofthe either basismay be found in the Contract Specifications ormay be obtained from our dealers should there
\nbe any request from you. You hereby further agree that we shall charge you for opening and closing a Transaction in
\naccordance with the type of account of your choice.
\n5.2 The rates as quoted in the Quotation shall be the relevant rate as of the time when the Quotation is issued to you and
\nshall be valid for such time as stipulated in the Quotation. For the avoidance of doubts, such rates shall be subject to
\nchange from time to time by us provided that we serve you a notice in writing stipulating the changes. You hereby
\nacknowledge that both of the sizes our Spreads and Market Spreads (the \u201cSpread\u201d), may without limit, be increased
\nsignificantly in certain circumstances, and may not necessarily be the same size as the examples as therein provided by
\nthe Contract Specifications. You hereby acknowledge that when you close a Transaction, the Spread may be larger or
\nsmaller than the Spread when the Transaction was opened. For Transactions transacted when the Underlying Market is
\nclosed or in respect of which there is no Underlying Market, the rate as quoted in the Quotation shall, to our best and
\nreasonable belief, reflect the market price in an Instrument which thereupon ought to be. You hereby acknowledge that
\nsuch rate shall be set by us solely at our reasonable discretion. The Spread quoted by us shall thereby reflect our view of
\nthe prevailing market conditions.
\n5.3 You may request for a Quotation to open a Transaction or to close all or any part of a Transaction at any time during our
\nnormal hours of trading for the Instrument should you desire to open or close theTransaction.
\n5.4 The Quotation may be provided by us in any manner as deem fit and proper by us, including but not limited to oral
\ncommunication through any tele-communication or electronic communication via our Online Facility or otherwise, Forthe
\navoidance of doubt,theQuotation provided shall not be construed as an offerto open or close a Transaction at the levels as
\nspecified in such Quotation. An offer shall only be formed when you initiate a Transaction to offer to close or open a
\nTransaction and our acceptance to such offer shall not be unreasonable withheld or given until the Transaction has been
\nexecuted or we have acknowledged your withdrawal of the said offer. A Transaction will be opened or closed only
\n(whichever applicable) when your offer has been duly received and accepted by us. Our acceptance of an offer to open or
\nclose a Transaction, and thus the execution of the Transaction, shall thereby be evidenced by the issuance of our
\nconfirmation of its terms in writing to you.
\n5.5 In any event, we reserve the right to reject your offer at the level quoted, if any of the following factors are not satisfied:
\n5.5.1 the Quotation has not been obtained from us in accordance with the Terms;<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 7 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n5.5.2 the Quotation is not to be expressed as being given on an \u2018indicative only\u2019 or similar basis
\n5.5.3 if you obtain the Quotation by tele-communication from us, such Quotation must be given by a person who is a
\ndealer duly employed by us and your offer to open or close the Transaction must be expressly given during the
\nsame tele-communication in which you obtained the Quotation from.
\n5.5.4 if you obtain theQuotation electronically via ourOnline Facility, your offerto open or close the Transaction, and our
\nacceptance of your offer, must be given while the Quotation is still valid;
\n5.5.5 the Quotation must not be Manifestly Erroneous;
\n5.5.6 Upon your offer to open a Transaction, the number of shares, contracts or other units in respect of which the
\nTransaction is to be opened must be neither smaller than the Minimum Size nor larger than the Normal Market
\nSize;
\n5.5.7 Upon your offer to close part of an open Transaction both parts of the Transaction that you have offered to close
\nand the part that would remain open shall not be smaller than the Minimum Size;
\n5.5.8 a Force Majeure event must not have occurred;
\n5.5.9 Upon your offer to open a Transaction an Event of Default must not have occurred in respect of you, nor must you
\nhave acted in such a way as to trigger an Event of Default;
\n5.5.10 the tele-communication or electronic communication (whichever applicable) in which you offer to open or close
\nthe Transaction shall not be terminated before we have received and accepted your offer; or
\n5.5.11 Upon your offer to open or close any Transaction, the opening of the Transaction must not result in your exceeding
\nof any credit or other limit(s) placed on your dealings.
\n5.6 We reserve the right to refuse any offer to open or close a Transaction larger than the Normal Market Size. You are hereby
\nacknowledged that our Quotation for a Transaction equal to or greater than Normal Market Size is not guaranteed to be
\nwithin any specific percentage of any Underlying Market or related market quotation and our acceptance of your offer
\nmay be subject to special conditions and requirements of which we shall thereby advise to you during our acceptance of
\nyour offer. We hereby undertake and warrant to inform you of the Normal Market Size for a particular Instrument upon
\nyour request.
\n5.7 If, before your offer to open or close a Transaction is thereby accepted by us, our Quotation moves to your advantage (for
\nexample, if the price goes down as you buy or the price goes up as you sell) you hereby agree that we may at our discretion,
\npass such price improvement on to you.
\n5.8 Where an Instrument trades on multiple Underlying Markets and one of which is the primary Underlying Market, you
\nhereby agree that we may at our discretion to base our bid and offer prices on the aggregate bid\/offer prices in the
\nUnderlying Markets.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 8 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n6. RISK WARNING
\n6.1 Trading in options and contracts for difference in foreign exchange, precious metals and commodities or other financial
\ninstruments and products involves high level of risk and may not be suitable for everyone. You are hereby advised to
\ncarefully consider your investment objectives, level of experience and risk appetite prior to making any decision to trade
\nwith us. You are hereby further advised not to invest any amount of money which exceeds your risk appetite. We shall not
\nbe responsible for any losses, liabilities, costs, charges orother expenses hereby incurred in connection to your trading with
\nus.
\n6.2 You hereby understand that there is considerable exposure to risk in any off-exchange transaction, including, but not
\nlimited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the
\nprice, or liquidity of the markets that you are trading. Further details of the risk warnings are set out in the Risk Warning.
\n7. DEALING PROCEDURES
\n7.1 In the event that a Transaction has been executed in whole or in part it will not be possible for you to cancel the
\nTransaction to the extent that the Transaction has been executed.
\n7.2 We reserve the right to limit the number of open positions you may enter or maintain in your Account. We also reserve
\nthe right in which we shall have the sole discretion to refuse to accept any Transaction to open a new position or to
\nincrease an open position.
\nElectronic Trading
\n7.3 We shall not have any obligation to accept, execute or cancel, all or any part of a Transaction that you seek to execute or
\ncancel through an Electronic Trading Service. Without limitation of the foregoing, we do not bear any responsibility for
\nany transmissions that are inaccurate or not received by us, and we may execute any Transaction on the terms of which
\nwe have thereof received. We shall not be responsible for any Losses arising out of Delays, lags or latency caused by poor
\nor weak internet connection or outages, application or software failures and device related issues.
\n7.4 The Client acknowledges that it is aware of the risks involved in the use of postal services, telephone, facsimile, e- mail
\nand instant messaging services, Voice Over Internet Protocol and other similar services, which may include errors in
\ntransmission, mutilation, interruption or delay in transmission, technical defect, data corruption, viruses, power failure,
\nbreakdown of telecommunication networks, fraud, forgery, misunderstanding, unintended disclosure or unauthorised
\ninterception or manipulation or fraud or forgery of third parties. If the Client undertakes transactions on an electronic
\ntrading system, it will be exposed to risks associated with the system including the failure of hardware and software. The
\nresult of any system failure may be that the Client\u2019s order is either not executed according to its instructions or not
\nexecuted at all. The Client agrees that it shall bear all such risks and notwithstanding the foregoing, the Client authorises
\nGCFX to accept any instruction and effect any communication through such means.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 9 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n7.5 In the absence of gross negligence, wilful default or fraud on our part, we shall not be liable to the Client for any and all
\nLosses incurred by the Client arising from any Loss or delay in the transmission or wrongful interception of any Order
\nthrough any equipment orsystem, including any equipment orsystemowned and\/or operated by orfor us or any electronic
\nfacilities. The Client agrees and acknowledges that if the Client is in any doubt whatsoever as to the validity of any Order
\nfor any reason, including, but not limited to, by reason of a breakdown in communication leading to a cessation of
\nconnection between GCFX and the Client, it is the Client\u2019s sole responsibility to contact GCFX immediately by telephone in
\norder to obtain clarification as to and\/or confirmation of the validity of such Order.
\n7.6 GCFX has the right, without having to furnish any notice to the Client, to modify, update, upgrade, end, suspend, terminate
\nor discontinue the Electronic Facilities or any part thereof, including without limitation the functionality, specifications,
\navailability and\/or content of the electronic facilities or any part thereof, temporarily or permanently, at any time. The
\nClient acknowledges and agreesthat GCFX will not be liable to the Client or any third party for any modifications, upgrades,
\ntermination, suspension or discontinuance of the Electronic Facilities or any part thereof.
\n7.7 GCFX shall not be liable to any Person for any loss (consequential or otherwise, including, without limitation, loss of profit),
\ndamage, injury, or delay, whether direct or indirect, arising from:
\n(i) any failure, malfunction, fault in delivery, delay, omission, suspension, inaccuracy, interruption, termination, or any
\nother event, in connection with the furnishing, performance, operation, maintenance, use of or inability to use all or
\nany part of any of the systems and services of GCFX, or services, equipment or facilities used to supportsuch systems
\nand services, including without limitation electronic order entry\/delivery, trading through any electronic means,
\nelectronic communication of market data or information, workstations used by participants, price reporting systems
\nand any and all terminals, communications networks, central computers, software, hardware, and firmware relating
\nthereto;
\n(ii) any failure or malfunction, fault in delivery, delay, omission, suspension, inaccuracy, interruption or termination, or
\nany other event, of any system or service of GCFX, or services, equipment or facilities used to support such systems or
\nservices, caused by any third parties including, but not limited to, independent software vendors, network providers
\nand \/ or liquidity providers;
\n(iii) any errors or inaccuracies in information provided by GCFX or any of the GCFX systems, services or facilities; and\/or
\n(iv) any unauthorized access to or unauthorized use of any of the GCFX\u2019s systems, services, equipment or facilities by any person.
\nAgents
\n7.8 We will not be under any duty to open or close any Transaction or accept and act in accordance with any communication
\nif we reasonably believe that such agent may be acting in excess of its authority or without authority. In the event that we
\nhave opened a Transaction before coming to such a belief we may, at our absolute discretion, either close such a
\nTransaction at our then prevailing price or treat the Transaction as having been void from the outset. Nothing in this clause
\n7.4 will be construed as placing us under a duty to enquire about the authority of an agent who purports to represent you.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 10 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\nInfringement of law
\n7.9 We will not be under any duty to open or close any Transaction if we reasonably believe that to do so may not be
\npracticable or would infringe any Applicable Regulation, law, rule, regulation or Term. In the event that we have opened
\na Transaction before coming to such a belief we may, at our absolute discretion, either close such a Transaction at the
\nthen prevailing bid price (in the case of sell Transactions) or offer price (in the case of buy Transactions) or treat the
\nTransaction as having been void from the outset.
\nSituations not covered by this agreement
\n7.10 In the event that a situation arises that is not covered under these Terms or the Contract Specifications, we will resolve
\nthe matter on the basis of good faith and fairness and, where appropriate, by taking such action as is consistent with
\nmarket practice and\/or paying due regard to the treatment we receive from any hedging broker with which we have
\nhedged our exposure to you arising from the Transaction in question.
\nBorrowing charges and transactions becoming un-borrowable
\n7.11 Where you have opened a Sell in respect of a particular Instrument, we reserve the right to pass on to you any stock
\nborrowing charges incurred by us. If you do not pay any stock borrowing charges that become payable after you have
\nopened such a Transaction, or we are unable to continue to borrow that Instrument in the Underlying Market (and we give
\nyou notice to that effect), we will be entitled to close your Transaction in respect of that Instrument with immediate effect.
\nThis may result in you incurring a loss on the Transaction. Further, you agree to reimburse us for any fine, penalty,
\ncompound, liability or other similar charge (such as buy back fees) imposed on us for any reason by any exchange,
\nUnderlying Market or any other regulatory authority that relates in any way to your opening or closing a Transaction or
\nany related transaction by us to hedge your Transaction.
\n7.12 In the event that you open a Transaction in relation to an Underlying Instrument that is a share, and that underlying share
\nbecomes un-borrowable (either from the outset or our brokers\/agents have recall from us a stock that we have already
\nborrowed against) so that we are unable to hedge against losses that we may incur in relation to that Transaction we may,
\nat our absolute discretion, take one or more of the following steps:
\n7.12.1 increase your Margin requirements;
\n7.12.2 close the relevant Transactions at such Closing Level as we reasonably believe to be appropriate;
\n7.12.3 alter the Last Dealing Time for the relevant Transaction.
\n8. OPENING A TRANSACTION
\n8.1 You will open a Transaction by \u2018buying\u2019 or \u2018selling\u2019. In these Terms a Transaction that is opened by:
\n8.1.1 \u2018buying\u2019 is referred to as a \u2018Buy\u2019 and may also, in our dealings with you, be referred to as \u2018long\u2019 or \u2018long position\u2019;
\nand
\n8.1.2 \u2018selling\u2019 is referred to as a \u2018Sell\u2019 and may also, in our dealings with you, be referred to as \u2018short\u2019 or \u2018short position\u2019.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 11 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n8.2 A Transaction must always be made for a specified number of shares, contracts or other units that constitute the
\nunderlying instrument.
\n8.3 Each Transaction opened by you will be binding on you notwithstanding that by opening the Transaction you may have
\nexceeded any credit or other limit applicable to you or in respect of your dealings with us.
\n8.4 When you open and when you close a Transaction, you may be required to pay us a Commission that is calculated as a
\npercentage of the value of the opening or closing Transaction (as applicable) or as an amount per equivalent Instrument
\nor Instruments on the Underlying Market or on any other basis agreed between ourselves in writing. Our commission
\nterms will be notified in writing to you, however, in the event that we do not notify you of the commission terms, we will
\ncharge the standard commission rate as published on our Website or, if no rate is published, 0.01% of the value of the
\nopening or closing Transaction (as applicable).
\n8.5 Unless we agree otherwise, all sums payable by you pursuant to this Agreement upon opening a Transaction are due and
\nmust be paid upon the Opening Level of your Transaction being determined by us.
\n8.6 All fees payable pursuant to this clause 8 and this Agreement will be subject to the provisions at clause 25 of this
\nAgreement.
\n9. MULTIPLE TRANSACTIONS
\nMT4 and XOH
\n9.1 In the case of trading on the MT4 and XOH platform:
\n9.1.1 where you have entered a Buy Transaction and you subsequently open a sell Transaction in respect of the same
\ninstrument at a time when the Buy Transaction remains open, then both transactions will exist simultaneously on the
\ntrading system including relevant margin requirements;
\n9.1.2 where you have opened a Sell Transaction and you subsequently open a buy Transaction in respect of the same
\ninstrument at a time when the Sell Transaction remains open, then both transactions will exist simultaneously on the
\ntrading system including relevant margin requirements.
\nMT5 and XOH
\n9.2 In the case of trading on the MT5 and XOH platform, where you have entered a Buy Transaction and you subsequently
\nopen a sell Transaction in respect of the same instrument at a time when the Buy Transaction remains open, then:
\n9.2.1 if the size of the Sell order is less than the size of the Buy Transaction, we will treat the offer to Sell as an offer to
\npartly close the buy Transaction to the extent of the size of the sell Transaction;
\n9.2.2 if the size of the Sell Transaction is the same as the size of the Buy Transaction, we will treat the offer to Sell as an
\noffer to close the Buy Transaction entirely;
\n9.2.3 if the size of the Sell Transaction exceeds the size of the Buy Transaction, we will treat the offer to Sell as an offer
\nto close the Buy Transaction entirely and open a sell Transaction position equal to the amount of such excess.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 12 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n9.3 In the case of trading on the MT5 and XOH platform, where you have opened a Sell Transaction and you subsequently
\nopena Buy Transaction in respect ofthe same instrument at a time whenthe Sell Transaction remains open, then unless you
\ninstruct us to the contrary:
\n9.3.1 if the size of the Buy Transaction order is less than the size of the Sell Transaction, we will treat the offer to buy as
\nan offer to partly close the Sell Transaction to the extent of the size of the BuyTransaction;
\n9.3.2 if the size of the Buy Transaction order is the same as the size of the Sell Transaction, we will treat the offer to Buy
\nas an offer to close the Sell Transaction entirely;
\n9.3.3 if the size of the Buy Transaction order exceeds the size of the sell Transaction, we will treat the offer to Buy
\nTransaction as an offer to close the sell Transaction entirely and open a buy Transaction equal to the amount of
\nsuch excess.
\n10. CLOSING A TRANSACTION
\n10.1 In relation to trading on the MT4 platform, MT5 platform and XOH Platform to close any Transaction in whole or in part
\nyou must enter into a second Transaction in relation to the same Reference Asset as the first Transaction but you must
\nSell if the first Transaction was a Buy and you must Buy if the first Transaction was a Sell.
\n10.2 In addition, when trading on the MT5 platform and XOH Platform we will net your first and second Transaction, and the
\naggregate position shall be displayed on your trading platform.
\n10.3 Spreads, including market Spreads, can and do widen significantly in some circumstances; they may not be the same size
\nand there is no limit on how large they may be. You acknowledge that when you close a Transaction, the Spread may be
\nlarger or smaller than the Spread when the Transaction was opened. For Transactions effected when the Market or
\nUnderlying Market of any Reference Asset is closed or in respect of which there is no Market or Underlying Marketforthe
\nReferenceAsset,the bid and offer price figuresthat we quote willreflect what we believe the market price in an investment
\nwould be at that time. Such figures will be set by us at our reasonable discretion. Our Quotation is not guaranteed to be
\nwithin any specific percentage oftheQuotation ofthe Market orUnderlying Market of the Reference Asset, and the Spread
\nquoted by us will reflect our view of prevailing market conditions. You agree not to use our bid and offer prices for any
\npurpose other than for your own trading purpose, and you agree not to distribute our bid and offer prices to any other
\nperson whether such redistribution be for commercial or other purposes.
\n10.4 If you approach us to close out a trade which has been entered into between us, we are under no obligation to do this.
\nWhere we agree to do this, we will calculate the close out value of the trade based on prevailing market conditions and
\nmay include associated costs arising from the close out in this figure. The close out value may be due from you to us or
\nfrom us to you depending on the trade and may be substantial.
\n10.5 In addition to our rights at clause 13 of the Terms and our rights pursuant to clause 4.4, we may close any Transaction in
\nour sole discretion at any time without notice in the event that:
\n10.5.1 if it is a Sell Transaction, and due to illiquidity in the relevant Reference Asset we are unable to borrow a sufficient
\nnumber of such Reference Asset to settle any underlying hedge position in respect of the Transaction; or<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 13 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n10.5.2 if we are required, at any time, by a lender to return any Reference Asset borrowed by us which relates to a
\nTransaction and we are then unable to maintain a hedge position in respect of that Transaction;or
\n10.5.3 if at any time we are otherwise unable to establish or maintain a hedge position or any other hedging disruption
\noccurs in respect of a Transaction or the continuation of any such hedge or hedging disruption is likely, in our
\nreasonable judgment, to become more burdensome to us.
\n10.6 With respect to any Transaction that is closed out by us pursuant to or as contemplated by the terms of these Terms:
\n10.6.1 except as may be otherwise specified in these Terms, the Closing Date will be the date designated by us to you
\nand at a closing price as determined by us;
\n10.6.2 no further payments or deliveries are required to be made on or after the Closing Date, except for settlement
\npayments as provided herein; and
\n10.6.3 any and all amounts payable by either party in settlement of such Transaction are immediately due and payable.
\n10.7 Any and all obligations arising or existing between us as a result of the close-out of one or more Transactions will be
\nsatisfied by the net settlement (whether by payment, setoff or otherwise) of all amounts due and payable between us,
\nand the net amount determined to be payable by either party will be immediately due andpayable.
\n10.8 In the event of any dispute regarding any Transaction, wemay in our absolute discretion cancel,terminate,reverse or close
\nout the whole or part of any position resulting from and\/or relating to suchTransaction.
\nUndated Transactions
\n10.9 Subject to these Terms and any requirement we may specify in relation to any Linked Transactions, you may close an open
\nUndated Transaction or any part of such open Undated Transaction at any time.
\n10.10 Subject to these Terms, when you close an Undated Transaction, the Closing Level will be, if you are closing an Undated
\nBuy Transaction, the lower figure then quoted by us; and if you are closing an Undated Sell Transaction, the higher figure
\nthen quoted by us.
\nExpiry Transactions
\n10.11 Unless otherwise informed, if you do not close an Expiry Transaction on or before the Last Dealing Time then we will close
\nyour Expiry Transaction as soon as we have ascertained the price of the Expiry Transaction. The price of the Expiry
\nTransaction will be (a) the last traded price at or prior to the close or the applicable official closing quotation or value in
\nthe relevant Reference Asset as reported by the relevant exchange, errors and omissions excluded; add or, as the case
\nmay be, less (b) any Spread that we apply when such an Expiry Transaction is closed. Details of the Spread that we apply
\nwhen a particular Expiry Transaction is closed are available onrequest.
\n10.12 It is your responsibility to make yourself aware of the Last Dealing Time and of any Spread that we may apply when you
\nclose an Expiry Transaction. We accept no responsibility for customer\u2019s lack of awareness.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 14 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n10.13 We do not automatically roll over to the next contract period those of your Transaction(s) which at the end of its set
\ncontract period will expire automatically. You acknowledge that it is your responsibility to make yourself aware of the next
\napplicable contract period for a Transaction and that effecting the rollover of a Transaction may result in you incurring
\nlosses on your account. Any agreement as to roll over is entirely at our discretion and we reserve the right to refuse to
\nrollover a Transaction or Transactions, despite any instruction you have given us. Where we do effect a rollover,the original
\nTransaction will be closed at or just prior to the Last Dealing Time and become due for settlement and a new Transaction
\nwill be created; such closing and opening trades will be on our normal terms.
\n11. AGGREGATION OF ORDERS
\n11.1 We reserve the right to aggregate the instructions we receive from our clients to close Transactions. Aggregation means
\nthat we may combine your instruction with those of other clients of ours for execution as a single order. We may combine
\nyour instruction to close with those of other clients if we reasonably believe that this is in the overall best interests of our
\nclients as a whole. However, on occasions, aggregation may result in you obtaining a less favourable price once your
\ninstruction to close has been executed. You acknowledge and agree that we shall not have any liability to you as a result of
\nany such less favourable price beingobtained.
\n12. CONFIRMATIONS
\n12.1 After we have executed a Transaction, we shall confirm the details of that Transaction to you (the confirmation may be in
\nelectronic format or made available on the Online Facility, in which case such electronic format shall have the same effect as
\nif served on you in written hard copy) as soon as possible after execution. The content of our confirmations will, in the
\nabsence of a material error, be deemed conclusive and binding on you unless you object in writing to us as soon as possible,
\nand at latest within one Business Day of dispatch. Any error or inaccuracy relating to a confirmation shall not affect the
\nvalidity of the underlying Transaction.
\n12.2 Any dispute on the accuracy of the confirmation should be dealt with in accordance with the dispute procedures contained
\nin clause 35.
\n13. HEDGING DISRUPTION
\n13.1 Notwithstanding anything to the contrary in these Terms, if we determine that a hedging disruption has occurred, or may
\noccur, including a hedging disruption which is a result of any actual or imminent delay, disruption, suspension, or reduction
\nin any payment or settlement in respect of any transaction or asset we may deem necessary to hedge our Transaction price
\nrisk.
\n13.2 Irrespective of whether such hedging disruption arises directly or indirectly from the failure of a hedging counterparty to
\nperform its obligations or otherwise, you will be liable to us for any increased costs or expenses resulting from such hedging
\ndisruption (including any costs of unwinding, establishing or re- establishing a hedge). We may, upon notification of such
\ncosts to you, deduct them from your account or demand payment. If you fail to comply fully and by the required time with
\nthe obligation to make payment this will constitute an event of default.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 15 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n14. MARKET SUSPENSION AND DELISTING
\n14.1 If at any time trading on a Market issuspended in any Reference Asset which islisted on a Market we shall calculate the value
\nof the Transaction with reference to the last traded price before the time of suspension, or a closing price as reasonably
\ndetermined by us if no trading in that Reference Asset is undertaken during the Business Day on which a suspension occurs.
\n14.2 In the event that the aforesaid suspension continues for five Business Days, we and you may in good faith agree a Closing
\nDate and a value of the Transaction. In the absence of such agreement, the Transaction shall remain open in accordance
\nwith the provisions of this clause until such time as the suspension is lifted or the Transaction is otherwise closed. During
\nthe term of a Transaction where a Reference Asset is suspended, we have the right to terminate the Transaction at our
\ndiscretion and to amend or vary Margin requirements and Margin rates.
\n14.3 If a Market on which a Reference Asset is principally traded announces that pursuant to the rules of such Market the relevant
\nReference Asset has ceased (or will cease) to be listed, traded or publicly quoted on the Market for any reason and is not
\nimmediately re-listed, re-traded or re-quoted on the Market or quotation system located in the same country as the Market
\n(or where the Market is within the European Union, in any Member State of the European Union), or already so issued,
\nquoted or traded the day on which such event occurs, or (if earlier) is announced shall be the Closing Date. The closing price
\nwill be such price as notified by us toyou.
\n15. PAYMENTS
\n15.1 Currency for the accounts of the Client will be denominated in US Dollars. Payments made in any other currency will be
\nconverted into US Dollars at applicable conversion charges which will be borne by you.
\n15.2 On each Payment Date you will, subject to the conditions precedent that:
\n15.2.1 no Event of Default (as mentioned in clause 24) with respect to the other party has occurred and is continuing; and
\nno Event of Default (as mentioned in clause 24) with respectto the other party has occurred and is continuing and
\n15.2.2 no Early Termination Date (as defined below) has occurred or been effectively designated, make the payments
\nspecified due to us in respect of one or more Transaction(s) in the currency and to the account specified by us in
\nadvance of such payment becoming due.
\n15.3 On each Payment Date each party\u2019s obligation to make payment of any amount will be automatically satisfied and discharged
\nand replaced by an obligation upon the party by whom the larger amount would have been payable to pay to the other
\nparty the excess of the larger amount over the smaller amount. If the amounts payable by each party on any Payment Date
\nare the same, then no payment shall be made by either party on such Payment Date.
\n15.4 You will be responsible for all third party electronic, telegraphic transfer or other bank fees in respect of payment as well as
\nany fees or chargesimposed by us,whichmay bebased on elected paymentmethod. Any paymentmade to us will be deemed
\nto have been received when we receive clear funds.
\n15.5 You are responsible for ensuring that payments made to us are correctly identified,specifying your account details and other
\nparticulars that we may require.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 16 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n15.6 Where you have a positive balance in the account, you may request a withdrawal for any amount of the positive balance.
\nWe may in our reasonable discretion withhold, deduct or refuse to make a payment (in whole or in part),
\n(a) where you instruct us to pay money to a third party.
\n(b) you have open positions on account showing loss.
\n(c) the balance in your account falls or is likely to fall below the minimum margin requirements necessary to hold your
\nopen positions.
\n(d) you have actual or contingent liability to us or our associates.
\n15.7 Any delay in receipt of funds by virtue of elected method of payment will likely have an impact on the positions held in
\nyour account. It is hereby clarified that we shall not be responsible for any losses which may arise as a result of delay in
\nreceipt of funds. Any payment made to us will be deemed to have been received when we receive clear funds.
\n15.8 All payments made pursuant to a Transaction will be made without any deduction or withholding for or on account of any
\nTax unless such deduction or withholding is required by any applicable law, as modified by the practice of any
\ngovernmental revenue authority, then in effect. If we are required to deduct or withhold, we shall:
\n15.8.1 promptly notify you;
\n15.8.2 pay to the relevant governmentalrevenue authoritiesthe full amountto be deducted or withheld promptly upon the earlier
\nof determining that such deduction or withholding is required or receiving notice that such amount has been assessed
\nagainst it;
\n15.8.3 promptly forward to the other party an official receipt (or certified copy), or other documentation reasonably acceptable
\nto the other party, evidencing such payment to such authorities; and
\n15.8.4 in addition to any payment to which the other party is otherwise entitled under the Transaction, pay to the other party
\nsuch additional amount as is necessary to ensure that the net amount actually received by the other party will equal the
\nfull amount the other party would have received had no such deduction or withholding been required.
\n16. MARGIN PAYMENTS
\n16.1 We may enter into transactions in options, or contracts for difference which will, or may, result in you having to provide
\nmargin payments, being a deposit of cash to cover any unrealised losses which have occurred or may occur in relation to
\nyour investments.
\nSubject to our standard terms and conditions and the acceptance of your application to open an account with us, we
\nwill provide you with execution-only dealing services in relation to contracts in Foreign Exchange (FX) and Contracts for
\nDifference (CFDs) where the underlying investments or products include foreign exchange contracts, metals, equity
\nindices and commodities or other financial instruments or products. The orders for executions of transaction are strictly
\nbased on STP \u201cStraight Through Processing\u201d by which all margins provided are the ones directly from the liquidity
\nprovider.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 17 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n16.1.1 Payments may be required both on entering into a Transaction and on a daily basis throughout the life of the
\nTransaction if the value of the Transaction moves against you. The movement in the market price of your
\ninvestment will affect the amount of margin payment you will be required to make.
\n16.1.2 To enter into a leveraged Transaction you may need to deposit money with us as Margin. Margin is typically a
\nrelatively small proportion of the overall contract value. For example a contract trading on leverage of 100:1 will
\nrequire Margin of just 1% of the contract value. This means that a small price movement in the underlying will
\nresult in large movement in the value of your trade \u2013 this can work in your favour, or result in substantial losses.
\n16.1.3 Any requirement for Margin must be satisfied in such currency and within such time as may be specified by us (in
\nour absolute discretion) or, if none is specified, immediately. One Margin demand does not preclude another. It is
\nyour responsibility to monitor your trading account and you should not rely on our right to call you for margin as a
\nmeans of monitoring your account. Margin calls are made as a matter of courtesy and we are not obliged to make
\nmargin calls to clients.
\n16.1.4 You may lose your initial deposit and be required to deposit additional Margin in order to maintain your position.
\nIf you fail to meet any Margin requirement your position will be liquidated and you will be responsible for any
\nresulting losses.
\n16.1.5 Margin may be provided in the form of cash or other assets acceptable to us at our discretion.
\n16.1.6 If you fail to provide Margin when required to do so we (or any applicable exchange, clearing house or
\ncounterparty) we may close out your positions and exercise the rights described in clause 10 above. Failure to
\nprovide Margin may lead to us closing out any or all of your trading positions. We will have the right to do this at
\nany time when you fail to provide Margin. We will additionally have the right to close out your positions in any
\nother circumstances provided in these Terms.
\n17. SETTLEMENT
\n17.1 Unless we have agreed otherwise in writing, settlement of transactions shall be on a payment on delivery basis. All
\npayments and other documents required to settle your transactions must be delivered by you in time to enable us to
\ncomplete settlement promptly. Where relevant documents and cleared funds are not held by us, we are not obliged to
\nsettle any transaction. If either party defaults in paying any amount when it is due to the other, then (unless otherwise
\nagreed) interest will be payable by the defaulting party at the overdraft rate of the relevant correspondent bank at which
\nthe default occurs. We may purchase investments to cover your liability to deliver investments to us and may debit any of
\nyour accounts to cover any losses we suffer. In the event of any dispute regarding any Transaction, we may in our absolute
\ndiscretion cancel, terminate, reverse or close out the whole or part of the position resulting from such Transaction.
\n18. SET-OFF
\n18.1 We may at any time, without notice to you, set-off any liability we have to you against any liability (including without limit
\nany loss) you owe to us or any Group Company, whether any such liability is present or future, liquidated or unliquidated,
\nunder these Terms or not and irrespective of the currency or its denomination.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 18 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n18.2 If the liabilities to be set off are expressed in different currencies, we may convert either liability at a rate of exchange
\nwhich we determine to be reasonable for the purpose of set off. Any exercise by us of our rights under this clause shall be
\nwithout prejudice to any other rights or remedies available to us or any Group Company under these Terms or otherwise.
\n19. MANIFEST ERROR
\n19.1 We reserve the right to, without your consent, either void from the outset or amend the terms of any Transaction
\ncontaining or based on any Manifest Error. If, in our discretion, we choose to amend the terms of any such Manifest Error
\nthe amended level will be such level as we reasonably believe would have been fair at the time the Transaction was entered
\ninto. In deciding whether an error is a Manifest Error we shall act reasonably and we may take into account any relevant
\ninformation including, without limitation, the state of the Underlying Market at the time of the error or any error in, or
\nlack of clarity of, any information source or pronouncement upon which we base our quoted prices. Any financial
\ncommitment that you have entered into or refrained from entering into in reliance on a Transaction with us will not be
\ntaken into account in deciding whether or not there has been a ManifestError.
\n19.2 In the absence of our fraud, omission, willful default or negligence, we will not be liable to you for any loss, cost, claim,
\ndemand or expense following a Manifest Error (including where the Manifest Error is made by any information source,
\ncommentator or official on whom we reasonably rely).
\n19.3 If a Manifest Error has occurred and we choose to exercise any of our rights under clause 18.1, and if you have received
\nany monies from us in connection with the Manifest Error, you agree that those monies are due and payable to us and
\nyou agree to return an equal sum to us without delay without demand.
\n20. MARKET CONDUCT
\n20.1 Notwithstanding any other provision of this Agreement, in providing the services or otherwise, we shall be entitled to take
\nany action we consider necessary in our reasonable discretion to ensure compliance with Market Rules, and the Money
\nLaundering Requirements and all other applicable laws, rules, regulations and regulatory decisions including selling or
\nclosing any or all Transactions that you may have open.
\n20.2 We may report to the relevant regulatory authority any Transaction entered into by you or on your behalf in accordance
\nwith the Market Rules.
\n20.3 We may hedge our liability to you by opening analogous positions with other institutions or in the Underlying Market. The
\nresult of our doing this is that when you open or close a Transaction relating to a share or other Instrument with us, your
\nTransactions may, through our hedging, exert a distorting influence on the Underlying Market for that Instrument, in
\naddition to the impact that it may have on our own prices. This may create a possibility of market abuse and the function
\nof this Term is to prevent such abuse.
\n20.4 You represent and warrant that you have sufficient knowledge and understanding of all applicable laws or regulations relating
\nto market abuse, short selling and insider dealing and you and each Authorised User shall not submit any Order that could
\nreasonably be considered not to be in compliance with such laws or regulations. We will look to rigorously assess the nature of
\ntrading and usage of intellectual property practices and strategies by clients which may be classified as market abusive through
\ninternal surveillance and monitoring. We reserve the rightto voidand \/ or amend the terms of any transactionswhich we believe
\nstems from the use of abusive practices \/ strategies without providing any prior notice. We may in our discretion and without
\nany prior notice increase the spreads on your account. All amounts received by the Client as a result of such transactions shall
\nbe forthwith paid back to us.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 19 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n21. IMPROPER TRADING
\n21.1 We cannot and do not guarantee the speed at which our online trading platform (MT4\/MT5\/XOH) operates or that it will
\nnot be subject to system or internet failure. To the fullest extent permitted under the Malaysian law, we exclude all liability
\nfor: (i) any direct or indirect loss or damages incurred by you as a result of any delay or system suspension\/default
\nexperienced by you, for however long, in your use of our online trading platform;(ii) any direct or indirect loss or damages
\nincurred by you by reason of any improper, unlawful or unfair trading activity (as reasonably determined by us or our
\nGroup Company) perpetrated by you or by any third party; (iii) any direct or indirect loss or damages incurred by you by
\nreason of a failure on your part to use the most current online trading platform.
\n21.2 Where we believe, in our reasonable judgment, that you (and\/or other parties) may have engaged or may be engaging in
\nimproper, unlawful or unfair trading activity, we may immediately suspend your (and or other trading account(s) in order
\nto investigate.
\n21.3 Latency trading is characterized by a high volume of transactions which are opened and closed within an unusually short
\nperiod of time as compared to the \u2018average\u2019 client, with a disproportionate number placed advantageously between price
\nof trade and price of Underlying Market instead of the \u2018random distribution\u2019 that would be expected when the trading
\nplatformis used \u2018fairly\u2019. Where we believe, in ourreasonable judgment,thatlatency in the trading platform is being unfairly
\nexploited by you, we may at our absolute discretion void all trades and return to you only funds deposited net of any earlier
\nwithdrawals and thereafter close your account.
\n22. EXPERT ADVISER
\n22.1 None of the use of Expert Adviser, being a robotic algorithmic trading systemwhichtradesthemarket onbehalfofits clients,
\nis permitted on our online trading platform (MT4\/MT5\/XOH).
\n22.2 GCFX reserves the rights and discretion to recognize any closed trade(s) that is generated from the usage of Expert Adviser
\nas null and void.
\n23. SYSTEM MAINTENANCE
\n23.1 From time to time we will need to carry out certain system maintenance on the online trading platform. We shall
\nendeavour to do this out of trading hours when the market is closed but we reserve the right to conduct such system
\nmaintenance, in our absolute discretion, at any time.
\n23.2 In the event that we need to conduct such system maintenance when the market is open, we shall notify you of this but
\nwe shall not be liable for any direct or indirect loss or damages incurred by you by reason of the system maintenance
\nand\/or any suspension of the online trading platform.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 20 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n24. EVENTS OF DEFAULT
\n24.1 The occurrence of any one or more of the following in respect of either party (\u201cDefaulting Party\u201d) shall be an Event
\nof Default:
\n24.1.1 You have failed to make any payment when due under the Transaction and these Terms and such failure is not remedied
\non or before the third Business Day after notice of such failure is given to theparty;
\n24.1.2 You shall be in default of any other obligation under the Transaction and these Terms), which if capable of remedy is not
\nremedied within 30 days after notice by us;
\n24.1.3 any representation or warranty given by you or any of your Credit Support Provider in clause 38 of these Terms or
\notherwise is, when given, incorrect or misleading in any material respect;
\n24.1.4 when your Credit Support Provider
\n24.1.4.1 is dissolved (other than pursuant to a consolidation, amalgamation or merger);
\n24.1.4.2 becomesinsolvent or is unable to pay its debts or fails or admits in writing itsinability generally to pay its debts
\nas they become due;
\n24.1.4.3 makes a general assignment, arrangement or composition with or for the benefit of its creditors;
\n24.1.4.4 institutes or has instituted against it a proceeding seeking a judgment or order of judicial management,
\ninsolvency or bankruptcy or any other relief under any company, bankruptcy or insolvency law or other similar
\nlaw affecting creditors\u2019 rights, or a petition is presented for its winding-up or liquidation or application for
\njudicial management is made, and, in the case of any such proceeding or petition instituted or presented
\nagainst it. Such proceeding or petition:
\na) results in a judgment of insolvency or bankruptcy or judicial management or the entry of an order for
\nrelief or the making of an order for its winding-up or liquidation or judicial management;or
\nb) is not dismissed, discharged, stayed or restrained in each case within 30 days of the institution or
\npresentation thereof;
\n24.1.4.5 has a resolution passed for its winding-up, official management or liquidation (other than pursuant to a
\nconsolidation, amalgamation or merger);
\n24.1.4.6 seeks or becomes subject to the appointment of an judicial manager, administrator, provisional liquidator,
\ninterim liquidator, conservator, receiver, receiver and manager, trustee, custodian orother similar official for
\nit or for all or substantially all its assets;
\n24.1.4.7 has a secured party take possession of all or substantially all its assets or has a distress, execution, attachment,
\nsequestration or other legal process levied, enforced or sued on or against all or substantially all its assets and
\nsuch secured party maintains possession, or any such process is not dismissed, discharged, stayed or
\nrestrained, in each case within 30 daysthereafter;
\n24.1.4.8 causes or is subject to any event with respect to it which, under the applicable laws of any jurisdiction, has an
\nanalogous effect to any of the events specified in clauses 24.1.4.1 to 24.1.4.7 (inclusive); or<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 21 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n24.2 The occurrence of the following in respect of you or your Credit Support Provider (each respectively the \u201cDefaulting
\nParty\u201d) shall constitute an Event of Default:
\n24.2.1 any sums due from you or your Credit Support Provider, whether such sum is due to us or to any other person
\nor entity, by way of borrowing or under any obligation of any description forthe payment of money on the part of you or
\nyour Credit Support Provider:
\n24.2.1.1 are not paid when due and demanded nor within any applicable grace period; or
\n24.2.1.2 become due and payable prior to the scheduled due date or become capable of being declared, due and
\npayable prior to the scheduled due date, in either case by reason of default or event of default (howsoever
\ndescribed) on the part of the counterparty or its Credit Support Provider.
\n24.2.2 you or your Credit Support Provider shall be in default of any other obligation under:
\n24.2.2.1 any Transaction now existing or hereafter entered into between us, which is:
\n24.2.2.1 (a) a rate swap transaction, basisswap, forward rate transaction, interestrate option, foreign
\nexchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction,
\ncross-currency rate swap transaction, currency option or any other similar transaction (including any
\noption with respect to any of these transactions);or
\n24.2.2.1 (b) which is a type of transaction that is similar to any transaction referred to in clause 24.2.2.1 (a)
\nabove that is currently, or in the future becomes, recurrently entered into in the financial markets.
\n25. OUR FEES AND CHARGES
\n25.1 Our fees and charges will be notified to you in writing from time to time. Charges and expenses incurred by us pursuant
\nto these Terms (including but not limited to applicable taxes and duties) are payable by you and by such payment
\narrangements at such times as we shall determine. For transactions denominated in foreign currency, charges may be
\nlevied on you in that currency at prevailing rates. You may incur costs or taxes associated with your transactions that are
\nnot paid through us or imposed by us.
\n25.2 In the event that you have an Open Position at the daily close of business, we will charge you a Daily Financing Fee. The
\nbasis of calculation of Daily Financing Fees is set out in the Contract Specifications. We may vary the method of
\ncalculating the Daily Financing Fees and\/or commission. When we do so we will give you notice in accordance with
\nclause 38.
\n25.3 We may share fees and charges with a Group Company or third party and, where appropriate, we may provide you with
\ninformation on such fees and charges. Details of shared fees and charges will also be made available to you upon request.
\n25.4 You acknowledge and agree that we may make or receive a fee, commission or nonmonetary benefit to or from a third
\nparty in connection with our service to you. Upon request, if you have been introduced to us for trading purposes, we
\nmay provide further details of any fee, rebate, commission, widened spread, performance fee or management fee paid
\nto third parties that help initiate, conclude or maintain a business relationship between you and the firm, thus enhancing
\nthe service offered to you.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 22 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n26. INACTIVITY FEE
\n26.1 Where no activity has occurred on your account for 180 calendar days or more (\u201cqualifying charging period\u201d), your
\naccount will be deemed inactive.
\n26.2 Activity relates to the placing or closing of a trade or maintaining an open position on your account.
\n26.3 In such cases, a monthly inactivity fee may be applied to your account at some stage in the future and in accordance with
\nthe designated currency of your account. We will notify clients in advance should such a fee become payable.
\n27. OUR AUTHORITY AND OUR DUTIES
\n27.1 These Terms do notimpose any obligation on usto enterinto any transactions with you orto accept any instructions and we
\nare not obliged to give our reasons for declining to do so. We may accept and act upon, without further enquiry, any
\ninstructions believed by us to be in good faith and on reasonable grounds to be genuine. Nothing in these Terms shall
\noblige usto do anything that we believe to be contrary to the law and any Applicable Regulations.
\n27.2 You acknowledge and accept that in the ordinary course of business, we will deal with you as principal and that we may
\nprovide you with two-way price quotes where we acknowledge that if you are a Retail Client that you may rely upon us to
\nprovide or display bid and offer prices which are the best available prices for retail investors on a consistent basis.
\n27.3 Your transactions will be handled in accordance with our Order Execution Policy. While we seek to ensure that the prices
\nwe display are competitive, we are not able to give a warranty, express or implied, that the bid and offer prices displayed
\non our trading systems always represent the best prevailing market prices for retail investors. Our quoted prices may
\nreflect market volatility or additional costs and charges which may result in an increase in the Spread as well as per
\nTransaction.
\n27.4 We may employ agents or contractors on such terms as we think fit in discharging our obligations herein.
\n27.5 Any information we provide to you relating to transactions is believed, to the best of our knowledge and belief at the time
\nit is given, to be accurate and reliable. No further representation is made nor warranty given or liability accepted, as to its
\ncompleteness or accuracy. Such information does not constitute an assurance or a guarantee as to the expected outcome
\nof any such transaction.
\n27.6 You should also be aware that market conditions and pricing may change between the time we provide you with
\ninformation and the time you approach us with a view to entering into a trade.
\n28. EXCLUSION OF LIABILITY\/INDEMNITIES
\n28.1 Nothing in these Terms will exclude or restrict any liability that we owe you under Applicable Law and Applicable
\nRegulations. Except to the extent that the same results from gross negligence, willful default or fraud, we, our directors,
\nofficers, employees and agents shall not be liable for any loss resulting from any act, negligence or omission made under
\nor in relation to or in connection with these Terms or the solvency, acts or omissions of any third party with whom we deal
\nor transact business or who is appointed by us in good faith. We will make available to you, when and to the extent
\nreasonably so requested and at your expense, details of any rights that we may have against such person.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 23 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n28.2 If any action or proceeding is brought by or against us, against or by a third party, in relation to any transaction with or for
\nyou, you shall co-operate with us to the fullest extent possible in the prosecution or defence of such action or proceeding.
\nExcept to the extent that the same results from gross negligence, omission, willful default or fraud, you shall reimburse us
\nand hold us harmless together with our Group Companies and our directors, officers, employees or agents, on a full
\nindemnity basis from and against all actions, claims, liabilities, losses, damages and expenses of any nature arising from
\nus dealing with you pursuant to these Terms.
\n29. YOUR AUTHORITY AND YOUR OBLIGATIONS
\n29.1 You represent and warrant to us from the date on which you agree to these Terms that:
\n29.1.1 where you are a company, limited liability partnership, limited partnership or a partnership, you have full power
\nand authority (corporate and otherwise) to enter into the Transaction and to exercise your rights and performyour
\nobligations hereunder and have obtained all authorisations and consents necessary so to enter, exercise rights and
\nperform obligations and such authorisations and consents are in full force and effect;
\n29.1.2 where you are an individual or sole proprietorship, you, in person or in the capacity as the owner of the sole
\nproprietorship, are of full age and sound mind and have full capacity to enter into the Transaction(s) and to
\nexercise your rights and perform your obligations. The normal minimum age for trading in such Transactions is 18
\nyears of age;
\n29.1.3 the obligations expressed to be assumed by you under the Transaction are legal and valid obligations binding on
\nyou in accordance with their terms;
\n29.1.4 all payments to be made by you under the Transaction may be made free and clear of, and without deduction for
\nor on account of any taxes whatsoever;
\n29.1.5 all information that is furnished in writing by or on behalf of you to us in respect of these Terms is, as of the date
\nsuch information is furnished, true, accurate and complete in every material respect;
\n29.1.6 in entering into the Transaction you are notrelying upon usin relation to any advice orforecast or estimate of future
\ntrends in relation to interest rates or otherwise nor in relation to the fiscal consequences of the Transaction;
\n29.1.7 you are acting for your own account, and have made your own independent decisions to enter into the
\nTransaction(s) and as to whether the Transaction(s) is appropriate or proper for you based upon your own
\njudgement and upon advice from such advisers as you have deemed necessary. You are not relying on any
\ncommunication (written or oral) from us as investment advice or as a recommendation to enter into the
\nTransaction. It is understood that information and explanations related to the terms and conditions of the
\nTransaction shall not be considered investment advice or a recommendation to enter into the Transaction. You
\nunderstand that no communication (written or oral) received from us can be considered to be an assurance or
\nguarantee as to the expected results of the Transaction;
\n29.1.8 you are capable of assessing the merits of and understanding (on your own behalf or through independent
\nprofessional advice), and understand and accept, the terms, conditions and risks of the Transaction. You are also
\ncapable of assuming, and assumes, the risks of the Transaction;<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 24 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n29.1.9 you are entering into the Transaction as principal (and not as agent or in any other capacity, fiduciary or
\notherwise); and
\n29.1.10 you are aware of all Applicable Regulations that apply to Electronic Trading Services that you use and that your
\nuse of the Electronic Trading Services will comply with all Applicable Regulations and this Agreement as amended
\nfrom time to time.
\n29.2 Tax regulations may change at any time. You will be responsible at all times for the payment of all taxes due and for
\nproviding any relevant tax authority with any information relating to your dealings with us. You agree that if we provide
\nyou with any information or express any opinion in relation to the tax treatment of your dealings with us it will not be
\nreasonable for you to rely upon any such statement and it will not constitute tax advice.
\n30. AUTHORISED THIRD PARTY
\n30.1 We recognise that in some circumstances it may be necessary or desirable for you to authorise someone to manage your
\naccount. You do so at your own risk and both you and the person you wish to authorise to operate your account will be
\nrequired to submit a signed form which is a type of Power of Attorney document authorising and appointing an Authorised
\nThird Party to operate your account.
\n30.2 You will be liable for any act or omission by an Authorised Third Party, and we may rely on any instructions given by the
\nAuthorised Third Party on your behalf. We are not responsible for monitoring the activities of the Authorised Third Party.
\n30.3 If you have opened an account electronically, and we do not have an original of your signature, you will need to provide
\nan identity document such as a copy of your passport or driving licence in order to be able to appoint an Authorised Third
\nParty.
\n31. CLIENTS\u2019 MONEY
\n31.1 Any money received by us in respect of your account with us shall be treated as Client Money and be held intrust.
\n31.2 In relation to Client Money unless you notify us in writing or otherwise we will promptly pay any Client Money received to
\nour Client Money bank accounts. Our Client Money accounts will be identified and designated separately from any
\naccounts used to hold other money belonging to us. Interest will not be paid on the money held in the Client Money
\naccounts and by entering into this Agreement you acknowledge that you waive any entitlement to interest on such money.
\n31.3 We will exercise all due skill, care and diligence when selecting which third party banks and brokers to use. We will
\nperiodically (at least annually) review the adequacy and appropriateness of any banks and brokers where your money is
\nor may be deposited and of the arrangements for holding your money. We will not be responsible for any acts, omissions
\nor default (including the insolvency, administration, judicial management, bankruptcy or similar event) of the third party
\nbanks or brokers for any resulting shortfall or loss in the return of yourmoney.
\n31.4 The Client Money accounts will be pooled accounts and holds the Client Money relating to a number of clients. Claimants
\nto money held in pooled accounts have a claim to a rateables proportion of the money held in that pool.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 25 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n31.5 We and\/or our Group Companies uses only its own funds for hedging and does not pass client money to hedging
\ncounterparties or to any part of the business as working capital. We and\/or our Group Companies does not initiate
\nspeculative positions in the market.
\n31.6 We may transfer any money we hold for you as Client Money (after deduction of any amounts permitted by the terms of
\nthese Terms) to another legal entity (including any of our Group Companies) where we transfer all or part of our business
\nto that entity and your Client Money relates to the business transferred. Where we transfer your Client Money to another
\nlegal entity under this clause 31.6 we shall ensure that such Client Money will be held by that entity for you in accordance
\nwith this Agreement.
\n31.7 In the event that the account you hold with us is a joint account, we do exercise all due care and diligence to ensure that all
\nwithdrawals are paid back to its source and to the particular party that initiated the actual deposit. In case of profit
\npayments and\/or withdrawals, We and\/or our Group Companies may initiate payments to any party to the joint account
\nprovided that it has received appropriate approval from the other party and it is satisfied pursuant to its due diligence
\nverification and checks.
\n31.8 You consent to us releasing any Client Money balances, for or on your behalf, from Client Money bank accounts and for
\nus to cease to treat as Client Money any unclaimed Client Money balance where:
\n31.8.1 it is permitted by law and consistent with the arrangements under which Client Money is held;
\n31.8.2 we have determined that there has been no movement on your balance for a period of six years (notwithstanding
\nany payments or receipts of charges, interest or similar items);
\n31.8.3 we have taken reasonable steps to trace you and to return the balance to you; and
\n31.8.4 we make and retain records of all balances released from our Client Money bank accounts in respect of your Client
\nMoney. All unclaimed money will be paid to the Registrar of Unclaimed Moneys in accordance with the Unclaimed
\nMoneys Act 1965 [Act 370].
\n32. OVERNIGHT FINANCING AND ROLLOVER
\n32.1 Rolling Daily Transactions and Undated Contracts for CFDs are available in a variety of Markets and Underlying Markets.
\nEach Market and Underlying Market has its own conditions and spread which may vary at our discretion. Such contracts
\nautomatically roll into the next trading session. A Daily Financing Fee debit\/credit will be made to your account if you hold
\na Transaction open from one trading session to the next.
\n33. TEMPORARY CREDIT AGREEMENT
\n33.1 Details of any temporary credit arrangement that may be available to you are or will be set out in, and will be subject to,
\nsuch terms, conditions and limits as may be agreed in separate correspondence. We reserve the right to alter any credit
\narrangements agreed with you at any time. You acknowledge that when you deal with us on credit, neither any limit set on
\nyour account nor any amount of Margin you have paid puts any limit on your potential losses in respect of a Transaction.
\nYou acknowledge and agree that yourfinancial liability to usmay exceed the level of any credit or other limit placed on your
\naccount. You are obliged to repay any such temporary credit facility provided within stipulated time period.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 26 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n34. CONFLICTS OF INTEREST
\n34.1 When we deal with you, we, a Group Company, or some other person connected with us, may have an interest,
\nrelationship or arrangement that is material in relation to the Investment, transaction or Service concerned. Conflicts of
\ninterest can arise in particular when we have an economic or other incentive to act in a way that favours us or any of our
\nGroup Companies.
\n34.2 Consistent with ourregulatory obligations we seek to ensure that any conflictsthat arise between ourinterests and those
\nof our clients, or between clients, are properly managed. Our conflicts policy, which is communicated to all relevant
\nemployees, identifies the types of conflict that may arise and provides express instructions on the management of those
\nconflicts. To this effect, we have a framework in place to handle conflicts of interest, so that we act with an appropriate
\ndegree of independence from our own interests when transacting with you or dealing on your behalf
\n34.3 In some circumstances appropriate management of any conflict of interest and fair treatment of the relevant parties
\nmay only be achieved by our declining to enterinto Transactions with you whereupon such occurrence you warrants and
\nundertake that we and\/or our Group Companies shall not be liable for any losses, damages, demand, claims, profits
\nwhatsoever from our declination of your Transaction pursuant to this Clause 34.3.
\n35. COMPLAINTS
\n35.1 We have a written Complaints Policy to ensure that complaints regarding our services are dealt with fairly and promptly
\nand in accordance with our membership of the dispute resolution scheme which we are a memberof.
\n35.2 If you have a complaint about our Services, you should direct that complaint to our client services department or to our
\nCompliance Department, by sending an email to us at escalation@gcfx24.com,
\n35.3 who will investigate the nature of the complaint to try to resolve it.
\n36. AMENDMENTS
\n36.1 We may amend any part of these Terms by giving you reasonable advance written notice by post, email or on the Online
\nFacility. Where reasonable notice is impractical (e.g. due to a sudden change in commercial terms with a liquidity
\nprovider or regulatory changes) we reserve the right to provide notice of such change with immediate effect.
\n36.2 Each amendment will become effective on the date specified in the notice. Any amendment requested by you must be
\nagreed in a formal amendment agreement by us. Unless expressly agreed otherwise, an amendment will not affect any
\noutstanding Transaction or any legal rights or obligations which may already have arisen. If you do not wish to accept
\nany amendment made by us you may by notice to us close any of your open Transactions and your account in accordance
\nwith these Terms.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 27 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n37. TERMINATION
\n37.1 Subject to clause 37.2 below, you may terminate this Agreement by written notice at any time. We may terminate the
\nTerms by providing you with at least thirty (30) days written notice of termination unless circumstances require us to
\nprovide a shorter notice period.
\n37.2 We may terminate the arrangements set out in these Terms immediately and without notice to you if:
\n37.2.1 you admit to your inability to pay your debts asthey fall due or enterinto any scheme or arrangement with your
\ncreditors or, in the case of a company, limited partnership or limited liability partnership, file or have filed
\nagainst you a petition for winding up, pass a resolution for winding up, application of judicial management or
\nhave a receiver, liquidator, administrator, judicial manger or similar officer appointed over all or any part of
\nyour assets or undertaking or, in the case of an individual, a bankruptcy petition is presented or a trustee in
\nbankruptcy is appointed or a protection order is made pursuant to Applicable Law;
\n37.2.2 you are, in our opinion, in material breach of the obligations owed by you, whether arising under these Terms,
\nany supplementary or separate terms that we have entered into with you in respect of transactions in
\ninvestments, the rules and regulations of any regulatory authority or under Applicable Law; or
\n37.2.3 on the occurrence of a Force Majeure Event.
\n37.3 Termination will be without prejudice to any legal and equitable rights or obligations which may already have arisen.
\n38. PAYMENTS ON TERMINATION
\n38.1 We as the Calculation Agent, in good faith and acting reasonably, will determine an amount, if any, (the Close-out
\nAmount) that would be paid by (expressed as a positive) or to (expressed as a negative) the non-Affected Party in
\nconsideration of an agreement between the non-Affected Party and a third party that would have the effect of
\npreserving for the non-Affected Party the economic equivalent of any payment in respect of the Transaction that would,
\nbut for the occurrence of the Early Termination Date, have been required after that date.
\n38.2 An amount (the \u201cTermination Payment\u201d) will be payable equal to the Close-out Amount plus any amounts which have
\nfallen due but remain unpaid as at the Early Termination Date owing to the non-Affected Party, and less any amounts
\nwhich have fallen due but remain unpaid as at the Early Termination Date owing to the Affected Party, together with, to
\nthe extent permitted under Applicable Law, any interest owing pursuant to the terms of these Terms.
\n38.3 If the Termination Payment is a positive number, the Affected Party will pay it to the non-Affected Party; if it is a negative
\nnumber then the non-Affected Party will pay it to the Affected Party.
\n38.4 The Termination Payment will, at the option of the non-Affected Party, be reduced by its set-off against any amounts
\npayable (whether at such time or in the future or upon the occurrence of a contingency) by or to, as appropriate, the
\nnon-Affected Party (irrespective of the currency, place of payment or booking office of the obligation) under any other
\nagreement(s) between the parties or instrument(s) or undertaking(s) issued or executed by one party to, or in favour of,
\nthe other party.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 28 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n38.5 The parties agree that an amount recoverable under this clause 38 is a reasonable pre-estimate of loss with the
\ncharacteristic of liquidated ascertained damages and is not a penalty. Such amount is payable for the loss of bargain and
\nthe loss of protection against future risks and except as otherwise provided in these Terms neither party will be entitled
\nto recover any additional damages as a consequence of the occurrence of the Early Termination Date.
\n38.6 In determining the Close-out Amount, the Calculation Agent may consider any relevant information, including, without
\nlimitation, one or more of the following types of information:
\n38.6.1 quotations (either firm or indicative) for replacement Transactions supplied by one or more third parties that
\nmay take into account the creditworthiness of the non-Affected Party at the time the quotation is provided and
\nthe terms of any relevant documentation, including credit support documentation, between the non- Affected
\nParty and the third party providing the quotation;
\n38.6.2 information consisting of relevant market data in the relevant market supplied by one or more third parties
\nincluding, without limitation, relevantrates, prices, yields, yield curves, volatilities,spreads, correlations or other
\nrelevant market data in the relevant market; or
\n38.6.3 information of the types described in clause 38.6.1 or 38.6.2 above from internal sources if that information is of
\nthe same type used by the non-Affected Party in the regular course of its business for the valuation of similar
\ntransactions. Without duplication of amounts calculated based on information described in clause 38.6.1, 38.6.2
\nor 38.6.3 above, or other relevant information, and when it is commercially reasonable to do so, the Calculation
\nAgent may in addition consider, in calculating the Close-out Amount, any loss or cost incurred in connection with
\nthe non-Affected Party terminating, liquidating or re-establishing any hedge related to the Transaction.
\n38.6.4 We shall be the Calculation Agent. Whenever the Calculation Agent is required to act or exercise judgment in any
\nother way, it will do so in good faith and in a commercially reasonable manner.
\n39. PERSONAL DATA PROTECTION
\n39.1 We will observe the requirements of the Personal Data Protection Act 2010 [Act 709] (PDPA) in the performance of its
\nobligations under these Terms and will comply with any request made or direction given by you, which is directly due to
\nthe requirements of the Personal Data Protection Act 2010 [Act 709].
\n39.2 We will only use personal data and\/or sensitive personal data (both as defined in Act 709) to allow us (which for the
\npurposes of the following permissions will include any Group Company) to provide the servicesto the Client set out herein,
\nto assess our risks in providing those services and to enable us to enforce our rights under these Terms if necessary. This
\nmay involve passing personal data and\/or sensitive personal data to third-party service providers or our agents, on the
\nunderstanding that they keep it confidential. We may need to give our auditors, advocates and solicitors, bankers, brokers,
\ntax advisors, professional advisers, agents or subcontractors access to personal data and\/or sensitive personal data or
\nanyone who is interested in our business.
\n39.3 We may send personal data and\/or sensitive personal data outside Malaysia to jurisdictions which may not have an
\nequivalent standard of data privacy laws as that in Malaysia. Where we do this, we will take appropriate steps to protect
\npersonal data and\/or sensitive personal data. You may access our full privacy commitment which is available on our
\nWebsite.<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 29 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n39.4 We may conduct searches through credit and identity-referencing agencies and other sources of information and use
\nscoring methods to verify your identity and credit rating. A record of this process will be kept and may be used to help
\nother companies verify your identity.
\n39.5 We may from time to time – by telephone, email or other electronic communication, fax or post – provide you with
\ninformation relating to other services that we, any Group Company or selected third parties connected with our business
\ncan offer. You agree that we may call upon you at a reasonable hour or otherwise communicate with you without an
\nexpress invitation.
\n39.6 For the purposes of this clause 39 \u201cyour information\u201d includes information about your transactions.
\n39.7 If you would like a copy of the information we hold about you, please write to us at the address set out for notices and
\ncorrespondence in clause 1.1.
\n40. MONITORING AND RECORDING
\n40.1 Emails sent by you may be monitored and telephone conversations between us may be recorded. Recordings remain
\nour sole property and may be used by us in evidence in the event of a dispute.
\n41. COMMUNICATIONS (INCLUDING ELECTRONIC COMMUNICATIONS)
\n41.1 Save as otherwise agreed or where Applicable Regulations require otherwise, we will communicate with you, and send
\ndocuments and other information to you, in Malaysia. Unless otherwise agreed or where Applicable Regulations require
\notherwise, you agree to communicate with us, and send documents and other information to us, in Malaysia.
\n41.2 Unless otherwise agreed, you accept that we may communicate with you by post, telephone, facsimile, electronic mail
\nor through the Online Facility in order to provide you with dealing services or for any other relatedpurpose.
\n41.3 Any notice or other communication will be required to be given in writing under this Agreement and shall:
\n41.3.1 in the case of notices or other communicationsto be delivered personally,sent by pre-paid registered post, proof
\nof posting delivery or by commercial courier, fax or email by you to us, such communication should be made to
\nyour usual point of contact or for the attention of the Managing Director of Global Capital Market Limited.
\n41.3.2 In the case of notices or other communicationsto be delivered personally,sent by pre-paid registered post, proof
\nof posting delivery or by commercial courier, fax or email by us to you we will do so to such address (including a
\nfax number or an email address) as the you may specify. You are responsible for notifying us of any changes to
\nsuch contact details and we shall be entitled to serve notice on you (including the service of any legal and
\nequitable cause papers) using the last known contact details that you have provided to us for the purposes of
\nthese Terms; or, in each case, as otherwise specified by the relevant Party by notice in writing to the other Party.
\n41.4 Any such notice or other communication shall be deemed to have been duly received:
\n41.4.1 if delivered personally, when left at the address and for the contact referred to in this clause; or<\/p>\n

GLOBAL CAPITAL MARKET LIMITED
\nPage 30 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026]\n41.4.2 if sent in Malaysia to a Malaysian address by pre-paid registered post or proof of positing delivery, at 9am
\n(GMT+8) on the third Business Day after posting; if sent in Malaysia to a non-Malaysian address by pre-paid registered
\npost or proof of positing delivery, at 9am (GMT+8) on the fifth Business Day after posting;or
\n41.4.3 if delivered by commercial courier, on the date and at the time that the courier\u2019s delivery receipt issigned;
\nor
\n41.4.4 if delivered by fax or email, at the time of transmission (unlessthe senderreceives an automated response which
\nindicates that the notice in question was not received by the intended recipient, in which case such notice shall not be
\ndeemed to have been received); or
\n41.4.5 if delivered on the Online Facility, upon it being uploaded and available to you.
\n41.5 For the service of any proceedings or other documents in any legal action, any statutory provisions in the relevant
\njurisdiction shall prevail.
\n42. INTELLECTUAL PROPERTY
\n42.1 All intellectual property rights in the Online Facility, any advertising material issued by or on behalf of us, all information,
\nmaterials, prices or charts, business methods, databases or settlement specifications relevant to this Agreement of
\notherwise used or arising in connection with this Agreement will remain our property or any third party which provided it
\nto us and you will have no rights to distribute, republish, copy, reproduce, sell, sub-license or otherwise transfer or
\ndisseminate any of the foregoing unless otherwise expressly agreed by us inwriting.
\n43. THIRD PARTIES\u2019 RIGHTS
\n43.1 The provisions of this Agreement shall not be enforceable by any person (other than our Group Companies) who is not a
\nprivity to it. However, this shall not affect any rights or remedies of any third party who acts in reliance on the authority
\nof any of our employees, agents or servants in any other circumstances.
\n43.2 We may cancel any instructions previously given by you provided that we have not acted on yourinstructions.
\n43.3 If a transaction has been executed, in whole or in part, it will not be possible for you to cancel the Order to the extent that
\nthe transaction has been executed.
\n44. WEBSITE
\n44.1 We have taken reasonable measures to ensure the accuracy of the information on the Website. The content on this
\nWebsite shall be subject to change at any time with or without notice, whichever deems fit and proper byus.
\nGLOBAL CAPITAL MARKET LIMITED
\nPage 31 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v3.0 2023\/2024]\n45. SEVERABILITY
\n45.1 Any Terms, condition, stipulation, provision, covenant or undertaking in this Agreement which is illegal, void, voidable,
\nprohibited or unenforceable for any reason whatsoever shall be ineffective to the extent of such illegality, voidness,
\nvoidability, prohibition or unenforceability without invalidating the remaining provisions hereof and any such illegality,
\nvoidness, voidability, prohibition or unenforceability shall not invalidate or render illegal, void or unenforceable any other
\nTerms, condition, stipulation, provision, covenant or undertaking hereincontained.
\n46. FORCE MAJEURE
\n46.1 We shall not be responsible for or liable to you for any liability, loss, damage, cost or expense of any nature whatsoever
\nincurred or suffered by you or any person claiming through you as a result of any Force Majeure Event.
\n47. GOVERNING LAW AND JURISDICTION
\n47.1 Any non-contractual disputes, claims or differences arising out of under this Agreement or Transaction hereunder shall
\nbe governed and resolved in accordance with the Applicable Law and we may thereby refer to the courts of Federal
\nTerritory of Labuan and\/or Malaysia of which shall have the exclusive jurisdiction to resolve any disputes arising
\nhereunder.
\n48. REVIEW OF TERMS & CONDITIONS<\/p>\n

GLOBAL CAPITAL MARKET LIMITED is committed to continuously improve this document and it will be reviewed regularly (at least
\nevery six months) for effectiveness and updated.
\nThis Client\u2019s Agreement (and Terms & Conditions) is supported by management. GLOBAL CAPITAL MARKET LIMITED commits to
\nproviding this document to all employee and displaying it in its business with clients.<\/p>\n

Signed by :
\nDate :[\/vc_column_text][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"

[vc_row full_width=”stretch_row” customize_bg_mobile=”1″ css=”.vc_custom_1757679529418{padding-top: 180px !important;padding-bottom: 210px !important;}” custom_styles_mobile=”.vc_custom_1757679529421{padding-top: 100px !important;padding-bottom: 100px !important;}” custom_styles_landscape=”.vc_custom_1757679529419{padding-top: 100px !important;padding-bottom: 100px !important;}”][vc_column][vc_btn title=”Download in PDF ” color=”black” align=”right” i_icon_fontawesome=”fa fa-solid fa-download” css=”” add_icon=”true” link=”url:https%3A%2F%2Fgcfxdemo.etriplesoft.com%2Fwp-content%2Fuploads%2F2025%2F08%2FClient-Agreement-and-Terms-Conditions-v4-12.6.2025.pdf|target:_blank”][vc_column_text css=””]GLOBAL CAPITAL MARKET LIMITED Page 1 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026] CLIENT\u2019S AGREEMENT (AND TERMS & CONDITIONS) A) OBJECTIVE GLOBAL CAPITAL MARKET LIMITED (\u201cGCFX \/ the Company\u201d) is regulated under the Labuan Financial Services and Securities Act 2010 in the Federal Territory of Labuan, Malaysia by the Labuan Financial Services Authority (\u201cLabuan FSA\u201d) with license number MB\/20\/0056. These Terms and Conditions (\u201cAgreement\u201d), entered by and between the Company and You (the \u201cClient\u201d) (hereinafter both referred to as \u201cParties\u201d), contain the terms and conditions governing the contractual relationship between both Parties and govern each transaction entered into or outstanding between the Company on or after the execution of this Agreement. The relationship between the Client and the Company shall be governed by this Terms & Conditions. As this Agreement is a distance contract, which signing the Agreement is not required and the Agreement has the same judicial power and rights as a regular signed one. The Agreement together with other documents including Risk Disclosure, Order Execution Policy, Conflicts of Interest Policy, Privacy Policy, Anti Fraud (and Financial Crime) Policy, Anti Money Laundering, Know Your Customer & Due Diligence Policy constitute the entire Agreement between the Company and the Client and set out the basis on which the services are rendered to the Client. B) DEFINITIONS AND INTERPRETATION OF TERMS In this Agreement the following terms shall, unless the context otherwise pledges, have the following meanings and may be used in the singular or plural as appropriate: Applicable Law – the laws, orders, legally binding guidelines or directives and regulations of Malaysia including but not limited to Labuan Companies Act 1990 [Act 441], Anti-Money Laundering and Anti-Money Laundering and Anti Terrorism Financing Act 2001 [Act 613], Labuan Financial Services and Securities Act 2010 [Act 704] and any other related laws, orders, legally binding guidelines or directives and regulations. Applicable Regulation – for the purposes of these Terms, applicable regulations shall include the rules of any other relevant regulatory authority or exchange and any applicable laws and regulations in force from time to time. Where these Terms conflict with Applicable Regulations, the latter shall prevail. Business Day – a day (other than a Saturday, Sunday and Public Holidays applicable to Federal Territory of Labuan & Malaysia) on which Labuan banks (as defined in Labuan Financial Services and Securities Act 2010) are generally open for business in Malaysia. Calculation Agent – Global Capital Market Limited (Company Number: LL16397). Clients\u2019 Money – Money of any currency belonging to you that we receive or hold for you, or on your behalf in the course of providing the Services, that we treat as clients\u2019 money held in trust. In a designated bank account. Closing Date – the date on which the close-out of an open Transaction is effective. Closing Level – the level at which a Transaction is closed. Complaints Policy – our complaints policy which is updated from time to time and can be found on our Website for the use of clients. Contract Specifications – the section of our Website designated as the \u201cContract Specifications\u201d as amended from time to time. Credit Support Provider – with respect to the counterparty, a party providing credit support in respect of the obligations of the Counterparty. GLOBAL CAPITAL MARKET LIMITED Page 2 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026] Daily Financing Fee – the charge which we apply daily to the Open Position. Details of the Daily Financing Fees are set out in the Contract Specifications. Electronic Trading Services – any electronic services (together with any related software) including without limitation trading, direct market access order routing or information services that we grant you access to or make available to you either directly or through a third-party service provider, and used by you to view information and\/or enter into Transactions. Expiry Transaction – a Transaction which had a set contract period at the end of which the Expiry Transaction expires automatically. Force Majeure Event – an event which is beyond the reasonable control of an affected party or the reasonable control of its suppliers and contractors including without limit any Market Disruption, acts or restraints of government(s) or public authorities, war, derelict weapons of war, nuclear, radioactive, biological, chemical, biochemical or electromagnetic weapons or contamination, revolution, strikes, lock-outs or other forms of industrial action, fire, flood, natural disaster, explosion, unavoidable accidents, terrorist action, failure of a utility service or transport network, the suspension or limitation of trading by any execution venue, or any breakdown, failure, defective performance or malfunction of any telecommunications, uncontrolled spread of epidemic or pandemic, settlement or other equipment or systems. Financial Instrument – options, and contracts for difference in foreign exchange offered for trading by us or our Group Company pursuant to this agreement. Group – in relation to Global Capital Market Limited (Company Number: LL16397), that company, any subsidiary(ies) or any holding company(ies) from time to time of Global Capital Market Limited (Company Number: LL16397), and any subsidiary(is) from time to time of a holding company of Global Capital Market Malaysia (Company Number: LL16397). Each company in a Group is a member of the Group. Group Company – in relation to a company, any member or\/and affiliate of its Group. Last Dealing Time – the last day and time before which a Transaction may be dealt in, as set out in the customer account application otherwise notified to you, or otherwise the last day and (as the context requires) time on which the underlying instrument may be dealt in on the relevant Underlying Market. Linked Transaction – two or more Transactions in respect of which we agree not to call for, or apply, the full amount of Margin as a result of the relationship between such Transactions. Manifest Error \/ Manifestly Erroneous – a manifest or obvious misquote by us based on a price source on which we have relied in connection with any Transaction, having regard to the current market conditions at the time a Transactions is entered into, as determined by us. Margin – a deposit of funds or collateral acceptable to us to secure your liability to us for any losses which may be incurred in respect of the transaction or where we determine in our sole and absolute discretion that additional security is required from you where there is adverse movement in the price of a transaction. Market – any market subject to government or state regulation with established trading rules and trading hours including a Market. Market Disruption – any circumstance in which we reasonably believe the relevant market or exchange relating to a Transaction, our matching contract with our counterparty or any relevant foreign exchange related product is suspended, closed, materially impaired or cannot be relied upon. Market Rules – the rules, regulations, customs and practices from time to time including any exchange, clearing house or other organisation or market involved in the conclusion, execution or settlement of a Transaction or any matching contract we enter into with a counterparty. This includes any exercise by any such exchange, clearing house or other organisation or market of any power or authority conferred on it. Market Spread – the difference between the bid and offer prices for a Transaction of equivalent size in an instrument, or a related Instrument, in the Underlying Market. GLOBAL CAPITAL MARKET LIMITED Page 3 of 31 [Global Capital Market Client\u2019s Agreement (and Terms & Conditions) v4.0 2025\/2026] Money Laundering Requirements – All applicable anti-money laundering laws and regulations to which Global Capital Market Limited (Company Number: LL16397), the Group Companies and you are subject, including but not limited to Anti-Money Laundering, Anti-terrorism Financing and Proceeds of Unlawful Activities Act 2001 [Act 613] of which shall include any such variations, supplements and\/ or amendments thereto. Normal Market Size – the maximum number of stocks, shares, contracts or other units that we reasonably believe the Underlying Market to be good in at the relevant time, having regard, if appropriate, to the exchange market size set by the Stock Exchange or any equivalent or analogous level set by the Underlying Market on which the relevant instrument is traded. Online Facility – Our website, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3200,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3242","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/gcfxdemo.etriplesoft.com\/index.php\/wp-json\/wp\/v2\/pages\/3242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gcfxdemo.etriplesoft.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/gcfxdemo.etriplesoft.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/gcfxdemo.etriplesoft.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gcfxdemo.etriplesoft.com\/index.php\/wp-json\/wp\/v2\/comments?post=3242"}],"version-history":[{"count":2,"href":"https:\/\/gcfxdemo.etriplesoft.com\/index.php\/wp-json\/wp\/v2\/pages\/3242\/revisions"}],"predecessor-version":[{"id":3244,"href":"https:\/\/gcfxdemo.etriplesoft.com\/index.php\/wp-json\/wp\/v2\/pages\/3242\/revisions\/3244"}],"up":[{"embeddable":true,"href":"https:\/\/gcfxdemo.etriplesoft.com\/index.php\/wp-json\/wp\/v2\/pages\/3200"}],"wp:attachment":[{"href":"https:\/\/gcfxdemo.etriplesoft.com\/index.php\/wp-json\/wp\/v2\/media?parent=3242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}