INGOT BROKERS (AUSTRALIA) PTY LTD

Transcription

1 INGOT BROKERS (AUSTRALIA) PTY LTD Joint Account Application

2 ACCOUNT HOLDER 1 Client Name Gender Male Female Date of Birth Citizenship Passport, ID card or License # Mobile Phone Other Phone Address: Street, number, City, State, P.O. Box ACCOUNT HOLDER 2 Client Name Gender Male Female Date of Birth Citizenship Passport, ID card or License # Mobile Phone Other Phone Address: Street, number, City, State, P.O. Box FINANCIAL DECLARATION Bank Name: Bank Address : Swift / BSB Code: Account Name : Account Number: IBAN: Total Estimated Income: Under 25,000 Risk Tolerance: Conservative 25,000 49,000 Average 50,000 99,000 Aggressive

3 REFERRAL How did you hear about INGOT Brokers? Web Search Introducing Broker Online Ad Friend referral Print Ad Name: Other Number: Select the Spread Features you prefer Spread Features VIP MENA PRO EXPRESS Select the markets you want to trade STOCK MARKETS Australia Abu Dhabi Austria Belgium Canada Dubai Egypt France Germany Great Britain Hong Kong Italy Japan Kuwait Qatar Saudi Arabia South Africa South Korea Spain Switzerland The Netherlands Turkey United states of America COMMODITIES Agricultural Commodities * Energies:- Futures Spot * Metals:- Futures Spot *Note: only one option can be filled, either futures or spot.

4 OTHER MARKETS ETFs Currencies CLIENT ELIGIBILITY Before opening live CFDs, FX and Commodities account with Ingot Brokers (Australia) Pty Ltd, we are required to ensure prospective clients understand the complex nature of derivative trading and the trading platforms used to trade them. Clients should read the PDS carefully and be aware that trading derivatives may not be suitable for all investors; please ensure that you fully understand the risks involved. INGOT Brokers (Australia) Pty Ltd adheres to strict guidelines set out by ASIC in Regulatory Guide 227 (RG227), with best practice guidance we need to ascertain that new clients meet a certain level of experience and knowledge in trading Overthe-Counter (OTC) derivatives such as CFDs, FX and Commodities. SECTION 1: About you Please provide us with an idea of your trading frequency over the past 2-3 years Frequently (daily) Regularly (weekly) Occasionally (monthly) Rarely or Never (yearly) Your educational experience has involved which of the following (Tick all that apply) Attended any educational seminars on Over-the-Counter (OTC) derivatives such as CFDs, FX and Commodities Researched information about the foreign exchange and/or commodity markets Hold any professional or academic qualifications that provides you a clear understanding of leveraged financial products Had relevant work experience that provides you with an understanding of the fundamental risks involved in trading Over-the-Counter (OTC) derivatives such as CFDs, FX and Commodities Please confirm that you are fully aware of the following (Tick all that apply): I am aware that trading Over-the-Counter (OTC) derivatives such as CFDs, FX and Commodities may not be suitable for all investors I understand that I do not have any rights to ownership of the underlying instrument referenced in Over-theCounter (OTC) derivatives. I understand the risks involved in trading Over-the-Counter (OTC) derivatives such as CFDs, FX and Commodities and I also understand that they are not suitable to all investors. Derivatives are geared investments and that it is possible to lose more that my initial deposit

5 SECTION 2: General knowledge Which of the following statements is NOT true about derivatives? The price of a derivative is set and controlled by ASIC The price of a derivative is derived from an underlying reference instrument The price of a derivative fluctuates as the price of the underlying reference instrument changes When trading a derivative you are not buying or selling the underlying asset Derivatives are geared investments and that it is possible to lose more that my initial deposit Which of these products is NOT a derivative? CFDs Margin Foreign Exchange Art work Exchange traded options What is NOT an appropriate research tool for Over-the-Counter (OTC) derivatives such as CFDs, FX and Commodities traders? Wall Street Journal Business Day (Sydney Morning Herald) Cosmopolitan Your Trading Edge Platforms and Technology What knowledge of the INGOT Brokers (Australia) Pty Ltd trading platform should you have prior to opening and trading on a live account? INGOT Brokers (Australia) Pty Ltd provides access to a demonstration account that trading strategies and platform functionality before committing to a live account all potential clients can practice I don t need any prior knowledge all Over-the-Counter (OTC) derivatives platforms are the same It s just like riding a bike isn t it? Just jump on. Platform? What s that? What products are NOT available to trade on my INGOT Brokers (Australia) Pty Ltd platform? Margin foreign exchange CFDs Property Commodities Are my trades going live to the real FX market? Yes, INGOT Brokers (Australia ) Pty Ltd offers STP execution through to the interbank FX market INGOT Brokers (Australia ) Pty Ltd runs a B book and takes the other side of my trades There is no such thing as a real FX Market All of the above Risk Management Which of the following is true about trading Over-the-Counter (OTC) derivatives such as CFDs, FX and Commodities? They are complex products They carry a higher degree of risk than traditional investments such as buying shares You should not be trading Over-the-Counter (OTC) derivatives such as CFDs, FX and Commodities without understanding the risk involved All of the above

6 What is risk management? Identify, assess and priorities what is at stake (the amount of money I can lose) Minimizing, monitor and controlling the probability and/or impact of unforeseen events Managing the exposure in a volatile periods of the market All of the above Complete this sentence: When trading Over-the-Counter (OTC) derivatives such as CFDs, FX and Commodities I can.. only lose my initial investment. only lose the value of my account. lose the balance in my account plus additional funds that I would have to cover lose twice the balance of my account. CFDs When you buy a share CFD you can vote at the annual general meeting Yes No Maybe Depends on the particular share When purchasing CFDs, what is the typical waiting period for the delivery of underlying asset? One month One week CFDs do not entitle the buyer or seller any right to the underlying asset None of the above What does CFD stand for? Commission for Difference Contract for Difference Contract from Deed Computer Fluid Dynamics Leverage, Margins & Volatility What is true in regards to leverage? Used with various financial instruments, to increase the potential return of an investment Leverage can be created through options, futures, margin lending and CFDs leverage magnifies both gains and losses All of the above Which of the following statements best describes volatility? The price of a product fluctuates in a very wide range within a short period of time The price of a product fluctuates frequently in a very narrow range within a long period of time Both of the above Neither of the above

7 On my INGOT Brokers (Australia) Pty Ltd account when am I in margin call? When I have %200 of the funds required in my account to hold my open positions When I have %150 of the funds required in my account to hold my open positions When I have %120 of the funds required in my account to hold my open positions When I have %80 of the funds required in my account to hold my open positions

8 Compensation Acknowledgement NOTICE: The purpose of this document is for you, the clients, to advise INGOT BROKERS AUSTRALIA PTY LTD as to the compensation you have agreed to pay your designated Introducing Broker. Please be advised that INGOT BROKERS AUSTRALIA PTY LTD is not responsible for calculating incentive fees or management fees and will assume the calculations provided to it by the Introducing Broker to be correct. Please also note that if your IB has requested INGOT BROKERS AUSTRALIA PTY LTD to mark up the spread (widen the spread on the prices) being streamed to you, that INGOT BROKERS AUSTRALIA PTY LTD does not participate in the additional pip(s) being added to the pricing and that the mark-up will not be reflected on your trading statement as a separate line item. We, the undersigned clients, hereby agree to, authorize and acknowledge that the following fee(s) will be charged to our account and paid to the introducing broker. Declaration We confirm by signing or submitting electronically the Application, we have had access to, reviewed and understand the full set of Ingot Brokers Pty Ltd legal documents including this Client Agreement, PDS and FSG. We understand the risks of electronic Foreign Exchange margin trading and the terms we deal with Ingot Brokers Pty Ltd and ourselves. We declare the above information in this Client Agreement is true and correct. We declare that we have read and understood the Compensation Acknowledgement. Applicant signatures: Applicant printed names: Date: Compensation Acknowledgement NOTICE: The purpose of this document is for you, the clients, to advise INGOT BROKERS AUSTRALIA PTY LTD as to the compensation you have agreed to pay your designated Introducing Broker. Please be advised that INGOT BROKERS AUSTRALIA PTY LTD is not responsible for calculating incentive fees or management fees and will assume the calculations provided to it by the Introducing Broker to be correct. Please also note that if your IB has requested INGOT BROKERS AUSTRALIA PTY LTD to mark up the spread (widen the spread on the prices) being streamed to you, that INGOT BROKERS AUSTRALIA PTY LTD does not participate in the additional pip(s) being added to the pricing and that the mark-up will not be reflected on your trading statement as a separate line item. We, the undersigned clients, hereby agree to, authorize and acknowledge that the following fee(s) will be charged to our account and paid to the introducing broker. Declaration We confirm by signing or submitting electronically the Application, we have had access to, reviewed and understand the full set of Ingot Brokers Pty Ltd legal documents including this Client Agreement, PDS and FSG. We understand the risks of electronic Foreign Exchange margin trading and the terms we deal with Ingot Brokers Pty Ltd and ourselves. We declare the above information in this Client Agreement is true and correct. We declare that we have read and understood the Compensation Acknowledgement. Applicant signatures: Applicant printed names: Date: On Behalf of the INGOT Brokers: Name: Date: Signature: