Legal

1. “System” shall mean an electronic system designed to facilitate trading in Financial Contracts via
   the Internet using the to The Company platform as defined above subject to all terms of this
   Agreement and the terms of the Trading Manual (as defined below) which conforms an integral part of
   the Agreement;
2. “Financial Contract” or “Contract” shall mean a contract to purchase Digital Options or any other
   financial offering that the Company may offer by the System from time to time to its customers;
3. “Digital Options” shall mean an option which offers a fixed return predetermined at the onset of the
   Contract;
4. “Contract Price” shall mean the rates offered by the System and based upon “Indicative” rates
   provided by various financial information systems as the current updated rates for contracts of the
   applicable nature on the financial markets;
5. “Markets” shall mean the international financial, commodities, and other applicable markets, where
   contract rates are being fixed upon free trade, and other markets where various financial assets are
   traded;
6. “Business Day” shall mean one calendar day beginning at 00:00 and ending at 23:59 GMT;
7. “Transaction” shall mean purchase/sale of a Financial Contract for a fixed price;
8. “Closing” shall mean a reversed transaction aimed to close an open position (sale of a financial
   contract previously purchased and vice versa) with a sum or at a quantity identical to the one spent
   in the initial transaction on the same Business Day;
9. “Collateral” shall mean the initial sum deposited by you with the Company after the deduction of
   loses, deduction of funds withdrawn by yourself, plus profits derived from the Transactions;
10. “Trading Manual” shall mean the manual detailing the procedures and terms for the performance and
    execution of Transactions;

This Agreement is effective upon acceptance in registration for newly registering customers, or upon
receipt of e-mail notification by other users. The Agreement is otherwise effective for all users as of
The Company. If you do not agree to be bound by the terms and conditions of this Agreement, do not use
or access our services, and inform us in writing immediately. By using our services, you agree to be
bound fully by all our terms and conditions.

The Company may amend or revise this Agreement at any time by posting the amended terms on the Site and,
by continuing to trade through the platform, you affirm that you agree to be bound by future revisions.
Whenever such changes to the terms & conditions of this web site are made, to The Company will post such
changes on the web site.

All amended terms shall be effective two weeks after their initial posting on the web site, or as of the
first time that you use our services after such amendments were made, whichever is sooner. If you do not
agree to be bound by the changes to the terms and conditions of this Agreement, do not use or access our
services, and inform us in writing immediately.

This Online Services Agreement is made by and between to The Company and you. This Agreement applies to
both to The Company`s web site and the trading platform, as well as to the electronic content and or
software currently contained on the web site that supplies the customer with real time information and
any other features, content or services that the company may add in the future. All the payments
processing is done by 121coinx.

1. Upon such violation, you agree to cease accessing services. You agree that The Company, at its sole
   discretion and with or without notice, may terminate your access to any or all services, close your
   open transaction and remove and discard any information or content within a Service Communications
   Unless otherwise indicated for a particular Service, any communications or material of any kind that
   you e-mail or otherwise transmit through the services, including information, data, questions,
   comments or suggestions (your “Communications”) will be treated as non-proprietary and
   non-confidential.

By accepting this Agreement you grant a license to The Company to use your communications in any way it
sees fit, either on the web site or elsewhere, with no liability or obligation to you.

The Company is free to use any idea, concept, know-how or technique or information contained in your
communications for any purpose including, but not limited to, developing and marketing products.

The Company is entitled, but not obligated, to review or retain your communications.

2. The Company may monitor your communications to evaluate the quality of service you receive, your
   compliance with this Agreement, the security of the Web site, or for other reasons.
3. You agree that such monitoring activities will not entitle you to any cause of action 2or other
   right with respect to the manner, in which The Company monitors your communications.
4. In no event The Company will be liable for any costs, damages, expenses or any other liabilities
   incurred by you as a result The Company’s monitoring activities.

1. The Company shall provide the following online reports: 1. Open Positions: Report presenting the
   account’s open transactions. 2. Account Statement: Report presenting the account’s balance and
   statement at a given point of time. Tax collection: you know, understand and agree that, in general
   The Company does not collect tax on behalf of any authority in any form or manner.
2. The Company forbid connecting / trading / depositing using two different accounts from the same
   computer / IP.
3. Without limiting the foregoing, it is your obligation alone to calculate and pay all taxes
   applicable to you in your country of residence, or otherwise arising as a result of your trading
   activity from the use of the company’s services. Without derogating from your sole and entire
   responsibility to perform tax payments, you agree that the company may deduct tax, as may be
   required by the applicable law, but is not obligated to do so, from the results of the activity with
   The Company.

1. If you are registering as or for a business entity, you hereby declare that you have the authority
   to bind that entity to this Agreement. The Company will treat with care the information you entrust
   to the Company, in accordance with the disclosures it provides during the Registration process and
   in its Privacy Policy.
2. During the Registration process you will be asked to choose a user name and password that will be
   used by you every time you access the Web site to use the service. For your protection and that of
   other Web site users, you should not share your Registration information (including your password
   and username) with another person or business entity for any purpose including, but not limited to,
   facilitating access and unauthorized use of the Service.
3. You alone are responsible for all acts or omissions that occur within the Web site through the use
   of your Registration information. If you believe that someone has used or is using your Registration
   information, user name or password to access any Service without your authorization, you should
   notify our Customer Support immediately.
4. Important Information About Customer Identification Procedures for opening a new account To help
   governments fight the funding of terrorism and money laundering activities, the applicable laws
   require that all financial institutions shall obtain, verify, and record information identifying
   each person who opens an account.

What does that mean for you? When you open an account, we ask that you provide your name, address, date
of birth and other information that will allow us to identify you.

1. Our customers undertake to supply us with true, updated and accurate information about their
   identity. Furthermore they are required to state categorically that they are registering and trading
   on their own behalf and are not seeking at any time to act any manner which could be considered
   fraudulent nor are they seeking to impersonate any other individuals for any purposes whatsoever.
2. The Company data collection procedures include the collection of customer’s freely disclosed
   information as shared with the company, in addition to the placement of cookies for the purposes of
   gathering data about the manner in which customer’s interact with the 121coinx website. These tools
   for gathering customer’s information are employed for the purpose of ensuring the customer’s own
   security and all data collected by the company is shared only with individuals within the company
   who are involved with the verification of customer account information for the express purpose of
   ensuring the customer’s confidentiality and security.
3. The Company will never disclose any private or otherwise confidential information in regards to our
   customers and former customers to third parties without the express, written consent of our
   customers, except in such specific cases in which disclosure is a requirement under law, or is
   otherwise necessary in order to perform verification analysis on the customer’s identity for the
   purposes of safeguarding their account and securing their personal information.
4. By registering with The Company and through the voluntary interaction they undertake with The
   Company’s products and services the customer confirms and agrees that they consent to the use of all
   or part of the information they supply concerning their The Company trading account, the
   transactions they undertake through it and the interactions which they perform with the company on
   behalf of the company. All interactions the customer undertakes with the company will be stored by
   the company for the purposes of record and as such may be employed by the company in such cases that
   disputes arise between customers and The Company.
5. The Company does its utmost to ensure the confidentiality of its customers personal information
   including the implementation of data protection procedures designed to ensure customer
   confidentiality. The Company ensures that its data protection policy is regularly updated in order
   to ensure that customer’s confidential information is continually safeguarded.
6. From time to time The Company may contact customers whether by phone or email for the purpose of
   offering them further information about The Company, CFD or Forex trading or financial market
   trading. In addition the company may, on occasion, seek to contact customers, whether by phone or by
   email, for the purpose of informing them of unique promotional offerings provided by The Company for
   the customer.

Customers consent to the receipt of such contact when they consent to our terms and conditions of use
when registering with The Company. Any person wishing to opt out of further contact with The Company at
any time whatsoever is entitled to do so, simply by contacting the company whether by phone or email and
requesting that no further contact on behalf of the company be made.

Company representatives may, when providing services to the client and due to privacy rights, use alias names.

1. In the event that there is any liability of the Customer to The Company its directors, officers,
   employees or agents under the indemnity provisions of the clause hereinabove, The Company shall have
   the right to set-off that amount against any balance held to the credit of the account opened by the
   customer with The Company.
2. Limitation of Liability in no event The Company or its officers, directors or employees be liable
   for lost profits or any special, incidental or consequential damages arising out of or in connection
   with our web site, our services or this agreement (however arising, including negligence) except as
   stated in this agreement. The liability of The Company its officers, directors or employees, to you
   or any third parties in any proven circumstance is limited to the amount of money you transferred or
   deposited in your account at The Company in relation to the transaction giving rise to such
   liability.
3. Consecutive deposits made on the Customer`s trading account, by his own volition and authorized by
   him, will be considered as a proof of good quality of services provided by the Company.

1. Risk Factors Disclosure appendix. THE EXECUTION OF FINANCIAL TRANSACTIONS, SIMILAR IN NATURE TO THE
   TRANSACTIONS CONTEMPLATED AND DESCRIBED IN THIS AGREEMENT INVOLVE THE USE OF A FINANCIAL LEVERAGE.
   THE USE OF A HIGH FINANCIAL LEVERAGE COUPLED WITH EXECUTION OF THE TRANSACTIONS DESCRIBED IN THIS
   AGREEMENT SHOULD BE CONSIDERED AS HIGH RISK FINANCIAL ACTIVITIES. YOU SHOULD CAREFULLY CONSIDER
   WHETHER THIS KIND OF FINANCIAL ACTIVITY SUITS YOUR NEEDS, YOUR FINANCIAL RESOURCES AND YOUR PERSONAL
   CIRCUMSTANCES. SINCE THE RISK OF LOSS OF PART OR ALL OF THE INVESTED FUNDS IN A SHORT PERIOD OF TIME
   IS HIGH, IT IS ADVISABLE TO USE FUNDS WHICH ARE DESIGNATED BY YOU FOR HIGH RISK SPECULATIVE
   FINANCIAL TRANSACTIONS.THE CAUTIONS DETAILED IN THIS DISCLOSURE SECTION DO NOT INCLUDE ALL POSSIBLE
   RISKS ASSOCIATED WITH THE KIND OF TRANSACTIONS CONTEMPLATED UNDER THIS AGREEMENT. Trading in
   financial markets in general and purchasing Digital Options in particular is speculative and
   involves extremely high risk and high financial leverage. It is manifestly stated by the Customer
   that he fully understands that minor differences in market prices may occur in short time periods
   and may cause high profits or losses in relation to the securities, as high as total loss of all
   securities, all in short time period and that there is no existing method that can assure profits
   from Transactions in financial markets. By registering to the Site opening an account and carrying
   out Transactions, you hereby approve that you are aware of the following:
   • The type of Transactions offered by the System may be considered special risk transactions
     and carrying them out might involve high level of risk.
   • You agree and confirm that you have full information and knowledge regarding Forex or CFD
     and the risks involved in options Transactions in general and Digital Options Transactions
     in particular. Carrying out Transactions is at your sole discretion and you hereby undertake
     the risks involved in such Transactions and have the financial capability to finance the
     aforesaid Transactions.
   • You are aware that the contract prices presented by The Company may be REFERRED to as strike
     price or option price are the prices at which The Company willing to sell its options. These
     prices do not NECESSARILY reflect live market values.
   • In the event of purchasing Digital Options you might expose yourself to considerable loss of
     the invested money or even to total loss of the securities.
   • You read the terms of this Agreement and all terms relating to Financial Contracts as they
     are defined in this Agreement prior to the execution of any Financial Contract and fully
     understand the consequences and results of success or failure.
   • You know that incorrect investment may cause you considerable loss.
   • You know that the lifetime of any Financial Contract offered by the System may be as short
     as a few minutes.
   • The use of the System is solely designated for sophisticated users with the ability to
     sustain swift losses up to total loss of the invested money and/or the securities. You are
     responsible for careful consideration whether such Transactions suits you and your purposes
     while taking into consideration your resources, your personal circumstances and
     understanding the implications of actions made by yourself. It is highly recommended that
     you consult with tax experts and legal advisors.

The maximum loss that may be incurred by any customer is the amount of money paid by them to the company
including rolling fees for day trade deals. Subject to market conditions, Stop Loss Orders shall be
executed either at the exact exchange rate selected by the customer, where the amount will be calculated
automatically, or at the exact amount of loss selected by the customer, where the exchange rate will be
calculated accordingly.

1. A transaction of that nature shall be executed as soon as the distinctive (“Indicative”) exchange
   rate is found on the financial information systems which, including the Company’s spread, is either
   identical to the order given by the customer, or indicates an identical amount of loss declared by
   the customer. The calculation of the price to be paid (or the pay out to be received) for financial
   contracts on this site, at the time the financial contract is purchased or sold, will be based on
   the Company’s best estimate of market prices and the expected level of interest rates, implied
   volatilities and other market conditions during the life of the financial contract, and is based on
   a complex arithmetic calculation. The calculation will include a spread in favour of the Company.
   The financial contract prices (or the pay out amounts) offered to customers speculating on market or
   index prices, may differ substantially from prices available in the primary markets where such
   contracts are traded, due to the spread favouring the Company in the price calculation system
   referred to above.

The Company does not provide a market amongst or between customers for investments or speculations. Each
financial contract purchased by a customer via this site is an individual Agreement made between that
customer and the Company, and is not transferable, negotiable or assignable to or with any third
party.

1. You are responsible for ensuring that you alone control access to your account, and that no Minor or
   other person is granted access to trading on the web site using your account.
2. In any case, you alone remain fully liable for any and all positions traded on your account, and for
   any credit card transactions entered into the site for your account.

You agree to indemnify the company fully in respect to all costs and losses whatsoever as may be incurred
by the company as a result, direct or indirect, of your failure to perform or settle such a
transaction.

You agree that in the case that any financial contract is acquired or sold at prices that do not reflect
its market prices, or that is acquired or sold at an abnormally low level of risk (the “Mispricing”) due
to an undetected programming Error, bug, defect, Error or glitch in our web site software or any other
reason resulting in mispricing (for the purpose of this section the “Error”), The Company reserves the
right to cancel such transactions upon notifying you of the nature of the Computer Error that led to the
mispricing.

You have a duty to report to the Company any problem, Error or suspected system or other inadequacies
that you may experience Company’s Rights.

The Company may, at its sole discretion, impose volume or other limits on Customer accounts. Contract pay
outs shall be determined The Company by reference to the daily values reported on this Web site relevant
to the inter-bank trading data received by the company for all options, subject to the proviso that The
Company shall have the right to make corrections to such data in the event of mispriced or
typographically incorrect data.

1. You agree not to delete any copyright notices or other indications of protected intellectual
   property rights from materials that you print or download from the web site. You will not obtain any
   intellectual property rights in or any right or license to use such materials or the web site, other
   than as set out in this Agreement.
2. You acknowledge that the Software contains proprietary trade secrets of the Company and you hereby
   agree to maintain the confidentiality of the Software using at least as great a degree of care as
   you use to maintain the confidentiality of your own most confidential information. You agree to
   reasonably communicate the terms and conditions of this Agreement to those persons employed by you
   who come into contact with the Software, and to use best efforts to ensure their compliance with
   such terms and conditions.

Images displayed on the web site are either the property of The Company or used with permission. You
agree not to upload, post, reproduce or distribute any information, software or other material protected
by copyright or any other intellectual property right (as well as rights of publicity and privacy)
without first obtaining the permission of the owner of such rights and the prior written consent The
Company.

Nothing contained on the web site shall be construed as granting, by implication, estoppels, or
otherwise, any license or right to use any trademark without the written permission of The Company
and/or such third party that may own the trademarks. Your use of the trademarks or any other content of
the web site, except as provided herein, is strictly prohibited.

1. Credit card – 5,000 EUR, USD, GBP – per transaction
2. Wire – No limit
3. E-wallets – No limit

• a. Withdrawal of credit card deposits: Credit card deposits may be, according to credit card
  companies’ regulations, returned to same credit card when a withdrawal is performed. 121coinx will
  charge fee to withdraw via credit card.
• b. A withdrawal to a bank account where initial deposits have been performed by credit cards will be
  executed back to credit card or to bank account at company’s discretion. Withdrawals to bank account
  may take a longer time period, due to additional security procedures and documentation required from
  the Customer.
• c. Withdrawal to a skrill account – customers depositing with the skrill ewallet can withdraw to the
  same skrill ewallet account
• d. Withdrawal to a bank account where bank or wire transfers have been used for funding the account
  – the Company will execute a wire transfer to the same bank account that was used for the deposit.
  Withdrawals to bank account may take a longer time period, due to additional security procedures and
  documentation required from the Customer.

If there are no active bonus agreements and your account is fully verified and the withdrawal amount is
not bigger than your current balance, the withdrawal will be handled within 7 business days. Minimum
amount of withdraw 100$.

Withdrawals are processed Monday to Friday (excluding banking holidays). If 7 business days have passed
and your withdrawal request is still pending, please contact info@121coinx.com
to find out what terms need to be completed in order for the request to be completed. If your withdrawal
request has been completed and 7 days have passed and you are unable to locate the funds, please contact
us at info@121coinx.com and we will provide supporting
information and/or documentation about the payment.

Withdrawal fees:

Credit card – 0.3%, minimum fee $20, maximum fee $500

Wire Transfer – 0.3%, minimum fee $50, maximum fee $750

1. With all of the above being mentioned; when you trade with bonus leverage you need to be cautious.
   It is truly appealing to trade with $15,000 when you actually made a deposit of only $10,000, but
   there is a downside. You may close higher trades and make more money initially (or in the long run),
   but you can also lose a lot more money. Option trading can be risky and you need to trade with
   confidence and responsibility to avoid losses. Profits made with leverage or bonus leverage will be subject to a minimum trading volume of 100 * Deposit amount + bonus amount.*121coinx reserves the right to change, at any time and at its sole discretion, the required minimum volume to withdraw profits made by using leverage or leverage bonus.
2. The sign up bonus is meant to give new customers an extra boost to their trading balance so they can
   open their first positions using the bonus money 121coinx gave them just until they get a hang of
   trading in the Forex/CFD markets and using the 121coinx platform.
3. 121coinx also has special agreements with certain affiliates and affiliated firms, giving customers
   coming from those affiliate a free joining bonus on top of the sign up bonus. And you should check
   out 121coinx’s Refer a Friend program to see how your friends can be turned into forex bonus money
   too!
4. Micro accounts are not subject to a trading bonus caution, please read all terms and conditions
   below before accepting a bonus. You are not required to accept a bonus. A trading bonus is optional
   for all account holders. Every bonus requires a trading turnover before any withdrawal is made by
   the account holder. By accepting a bonus you are agreeing to the terms and conditions below. All
   bonus insertions are final.
5. Please read carefully before accepting a special offer, trade refund, benefit, or bonus.
6. Bonuses and benefits shall be credited to the customer’s account subject to compliance with the
   terms of the offer made to the customer, e.g. making minimum deposits and/or purchasing a minimum
   amount of options within a specified time period.
7. Unless stated otherwise in writing from The Company and only The Company, the terms of the offer, a
   precondition for making withdrawals after using the bonus/benefit is to buy options of 40 times the
   amount of the bonus/benefit plus the deposit amount. Example: (deposit + bonus x 40 = required
   turnover for withdrawal)
8. The Company urges its customers to take part in the offers, but to refrain from abusing them.
   Abusing any of the offers could lead to cancellation of the bonus/benefit and closure of the
   customer’s account on the Company’s website.
9. Any indication of fraud, manipulation, cash-back arbitrage, or other forms of deceitful or
   fraudulent activity based on the provision of the bonus will nullify the account and any and all
   profits garnered.
10. The Company reserves the right to revoke the bonus/benefit should the special offer be abused and/or
    should the offer’s terms fail to be met.
11. The Company’s decision – should this be the case – shall be final.
12. The Company reserves the right to revoke or change the offers at any time without prior notice.
13. In the event of a withdrawal, either for full or partial amount of the total deposit be requested
    without meeting the redeemable terms, the following actions will take place:
    • The bonus or any benefits will be subject to cancellation immediately
    • Any losses shell be held liable by the customer (account holder)
    • Any profits shell be deducted from customer’s account balance

By accepting a bonus a bonus into your account, you are agreeing to the terms and conditions above.

Note: If the required turnover is not met when making a withdrawal request – the
withdrawal request will be automatically canceled.

Note: The Company does not recommend taking a bonus unless you know how to make it work
in your advantage to the above terms.

Note: Once the bonus has been inserted into the trading account, it cannot be returned
or removed under any circumstance. The Company brokers do not have the ability to remove the bonus. All
bonus insertions are final.

Alternative payment methods: when depositing funds using a facility other than Credit Cards and/or Banks,
you agree to, and acknowledge being bound by, the regulations and rules of such service, including, but
not limited to, fees and other restrictions The Company at its sole discretion, may execute withdrawals
to a facility other than the facility used for the original deposit, in accordance with company and Anti
money-laundering regulations.

1. The Customer has the right to close his/her account at any time he/she wishes to. The Company will
   approve the account closure if: a. there are not active investments placed. b. There are no
   investigations underway associated with any of the terms of the current Terms of Services.
2. If there are no charges applied to the account, the Company has to close the account by the
   Customer’s demand.
3. If the account of the Customer has been suspended due to the violation of the current Online
   Services Agreement or due to any other abuse detected by the Customer, the refund is not provided
   under any circumstances.
4. The Company does not have to provide any type of the refund in case the loss was caused due to any
   reason either foreseen or unforeseen.
5. A refund request can be made in cases in which the account had been deposited into, but no orders
   were executed by the customer. In this case, the same method of payment used for the deposit will be
   used for the refund. The refund will be for the full amount, unless other arrangements have been
   made.
6. Processing of refund requests can take up to 2 business days provided that the customer account is
   fully verified, the customer has submitted a withdrawal request (via the 121coinx cashier), the
   funds are still available in the customer`s balance and the customer doesn’t have any active bonus
   agreements that prevent him from withdrawing funds (see Chapter 68 of the Online Services Agreement)
7. All other requests will be treated as WITHDRAWALS and will be processed using those methods and
   procedures.

• Customer verification documents required: Passport or national identification card together with a
  current valid utility bill.
• Credit Card verification documents required: Copy of both sides of credit card displaying the last
  four digits of the card and the expiry date. Additionally, Customers are required to confirm every
  credit card transaction by signing the 121coinx credit card deposit declaration (received by email,
  immediately after a new transaction was performed).
• Wire transfer verification documents required: signed Transaction Purpose Declaration and Proof of
  purchase.
• Customers not providing documents requested may be prevented from depositing further and/or trading
  and the accounts will be frozen until the account verification process has been completed.
• The Customer is obliged to use only payment methods that belong to him and are under his name. The
  Company reserves the right to reverse any such deposits back to the original payment method used by
  the client.

• Written policies and procedures.
• The appointment of a designated Money Laundering Reporting Officer
• Establishing the identification of all relevant customers.
• Reporting to the relevant authority where there are reasonable grounds to suspect that a money
  laundering or terrorist financing offence has been, or is being, committed and co-operate with the
  authority.
• Retention of relevant records.
• Regular staff training.
• Conducting business with ‘shell’ banks precluded (as defined within the FATF 40 recommendations).
• Independent compliance/audit departments to review AML programs as well as external reviews by the
  regulators/external auditors.