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2 Corporate Account Application Please read carefully the GKFX Financial Services Ltd Risk Warning and Terms of Business. GKFX is the trading name of GKFX Financial Services Ltd. All the products offered by GKFX have financial risks and are suitable only for those who: 1. Understand and are willing to assume the risks involved, and 2. Are financially able to fund their investments adequately. I accept and understand the GKFX Financial Services Ltd Terms of Business. I accept and understand the GKFX Financial Services Ltd Risk Warning. I accept and understand that we will be classified by GKFX as either a Retail Client or a Professional Client and as such the rules for client money are different and are outlined at the end of this application. Please select preferred currency: USD EUR GBP Company Information Company Registered Address Business Address Telephone Fax Bank Information of Bank Address of Bank Account Account Number Sort Code/BIC 1

3 Experience To what degree has the company traded the following products over the last year? Estimated Number of Trades Shares Exchange traded derivatives (e.g. Futures etc) OTC derivatives (e.g. CFDs or Spread Betting) Foreign Exchange How many years of experience has your company had trading the following products? Shares Exchange traded derivatives (e.g. Futures etc) OTC derivatives (e.g. CFDs or Spread Betting) Foreign Exchange Do the officers of the company, who will be making trading decisions, have any experience or qualifications that will help you in understanding our services? Occupational experience: We have a good understanding of leveraged derivatives through working in the financial sector. Qualifications: We have a good understanding of leveraged derivatives through a professional qualification and/or education. We have used the Demo platform to gain experience of trading GKFX products. Please tick if your investment portfolio, including cash and other financial instruments exceeds 500,000. Please tick if your balance sheet greater than 20,000,000. Please tick if your turnover greater than 40,000,000. Please tick if you have company funds greater than 2,000,000. If there any other factors regarding experience that would help with this application then please state them below. 2

4 Directors Details Director 1 / Sole Director of Director of Birth Residential Address Director 2 of Director of Birth Residential Address History Are any of the current or previous Directors bankrupt, or have they been bankrupt in the past. Regulation Please tick if your company is regulated by the FCA, or equivalent, in whatever jurisdiction that you are based, and state the name of the regulator and registration number below. Regulator Reg Number Anti-Money Laundering Your company policies and procedures (tick where relevant). Do you have an active anti-money laundering (AML) policy? Do you provide your employees with AML training? Do you carry out full KYC (Know your Customers) checks on your clients? Do you have policies in place covering PEP s (Politically Exposed Persons)? Do you have enhanced due diligence for your high risk clients? Details of shareholdings of 25 or more (Further details may be required): Directors Declaration 3

5 Directors Declaration Two authorised company signatories are required as well as a Certified Board Resolution (where possible) CERTIFIED BOARD RESOLUTION It is hereby certified by the board of (the Company ) that I,, the Company Secretary, certify that the following resolutions were passed by the board of Directors at a meeting held on Resolutions Passed 1. That a trading account should be opened with GKFX Financial Services Ltd (GKFX), in the name of the Company. 2. That the account is to be used for the purpose of transacting Foreign Exchange (both deliverable and nondeliverable) and CFD s. 3. That the board agrees to the Terms of Business of GKFX. 4. That the signatories below are duly authorised to commit the Company to such an agreement, and that the Company will be bound by any trading decisions it makes. 5. That this resolution will be deemed to be in force until such time as it is cancelled by the board and GKFX have been informed and acknowledged said information. Other Director s Specimen s Directors Company Secretary 4

6 SUPPORTING DOCUMENTATION Certificate of Incorporation Memorandum and Articles of Association Proof of business address (copy of utility bill) Proof of registered address (copy of document with company name) Copy of passports for previously named directors Proof of residential address for preiviously names directors Authorised signatures list Copy of register of shareholders CLIENT CLASSIFICATION Once you have submitted your application GKFX will write to you informing you of your Client Classification. This will be based upon the information you have supplied in this application. You will either be classed as a Retail Client, a Professional Client or an Eligible Counterparty. You will need to read and agree to the terms of the classification, and then return a signed copy to us. RETAIL CLIENT All clients, by default, are classified as Retail Clients unless notified otherwise. As a Retail Client you are afforded the greatest level of protection from the Financial Conduct Authority (FCA), the Financial Ombudsman Service (FOS) and the Financial Services Compensation Scheme (FSCS). All your funds are held in a segregated bank account in line with FCA Client Money Rules and as stipulated in our Terms of Business. PROFESSIONAL CLIENT A Professional Client can either be categorised as a Per Se Professional or an Elective Professional but they both mean the same thing in terms of the protection afforded to you with regards to client money. Per Se Professional: Either a regulated Investment firm, an intuitional investor whose main activity is investing/speculating in financial products or a corporate who satisfies two of the following: Balance sheet greater than 20m, turnover greater than 40m or company funds greater than 2m. Elective Professional: Someone who satisfies two of the following: Has traded at least 10 times in relevant financial markets per quarter over the previous year, has a portfolio and cash investments totalling more than 500,000 and has worked in the financial sector for at least a year and gained knowledge in the financial products to be traded. As a Professional Client, when you transfer money to us, or money is paid to us on your behalf, to the extent that we reasonably determine that the amount of money you have transferred to us is required as collateral to cover your obligations to us including, present or future, actual or contingent or prospective obligations, without further notice from us, you acknowledge and agree that full ownership of the money so determined as collateral by us is transferred to us for the purpose of covering your obligations under or in connection with your account with GKFX from time to time known as the 'title transfer collateral arrangement'. The FCA Client Money Rules will not apply to monies transferred under this arrangement and you will not have a proprietary claim over such money and we can deal with it as our own. Also as a professional client you may not be covered by the Financial Services Compensation Scheme (FSCS) which would have guaranteed up to 50,000 of deposits or the Financial Ombudsman Service (FOS) for any disputes. ELIGIBLE COUNTERPARTY This is in essence any large financial company and can be divided into two sub categories as above, being a Per Se Eligible Counterparty or an Elective Eligible Counterparty. In the event your company falls into this category then a bespoke agreement will be made. 5