TermsandConditions

(NON-USRESIDENTSONLY)

PART1.INTRO

PART2.DEFINITIONS

PART3.GENERAL

PART4.APPLICABLELAWSANDREGULATIONS

PART5.PAYMENTSCOST,CHARGES,DEPOSITSANDINDUCEMENTS

PART6.EXECUTIONOFCLIENTSTRANSACTIONS

PART7.AMLandCLIENTACCOUNTOPENINGPROCEDURES

PART8.TRADINGPOLICIESANDPROCEDURES/ORDERS

PART9.ELECTRONICTRADINGTERMS

PART10.CLIENTMONEY

PART11.MARGININGARRANGEMENTS

PART12.LEVERAGEARRANGEMENTS

PART13.REPRESENTATIONS,WARRANTIESANDCOVENANTS

PART14.EVENTSOFDEFAULT

PART15.NETTING

PART16.RIGHTSONDEFAULT

PART17.TERMINATIONWITHOUTDEFAULTCANCELLATION

PART18.EXCLUSIONS,LIMITATIONSANDINDEMNITY

PART19.DESCRIPTIONANDACKNOWLEDGMENTOFRISKS

PART20.MISCELLANEOUS

PART21.GOVERNINGLAWANDJURISDICTION

PART22.PILLARIII

PART1.INTRODUCTION

1.1TheseTermsConditions (theTerms) are offered to youbyCapital ComSVInvestmentsLtd(we,us,CAPITAL.COM,theCompany,asappropriate),acompanyauthorised(licensenumber319/17)andregulatedbytheCyprusSecuritiesandExchangeCommission(hereafterCySECortheCommission),withitsregisteredofficeat6thfloor,LophitisBusinessCentreII,237,28thOctoberStreet,Limassol,PC3035.

TheCompanyshallprovideinvestmentservices(hereaftertheServices)undertheTermsdefinedthroughouttheAgreement.TheTermsmaybeamendedfromtimetotime.IncaseofmaterialchangestheClientwillreceiveapropernotification.

TheClienthas read,understoodandacceptedall informationpublishedon theCompany’sofficialwebsitehttps://capital.com/(hereaftertheWebsite).

1.2.IfyouareavisitorofourWebsite,ourPrivacyPolicyandCookiesPolicyshallapplytoyou.YouagreethatifyouareavisitoryouwillnotbeabletoplaceordersontheCAPITAL.COMOnlineTradingPlatform,untilyouhaveappliedtobecomeourClientandprovidedthatweacceptyouasourClient.

1.3.TheTermssetoutthebasisonwhichwewillenterintoTransactionswithyouandgoverneachandeveryTransactionenteredintooroutstandingbetweenyouandusonoraftertheTermscomeintoeffect.

1.4.OurElectronicServicesinvolvetradingCFDsandcarryahighlevelofriskthatcanresultinyoulosingallofyourinvestedcapital.OurCFDtradingisnotsuitableforeveryone.AnexplanationofsomeoftherisksassociatedwithourCFDtrading

issetout intheRiskDisclosureStatementandyoushouldensurethatyoufullyunderstandsuchrisksbeforeentering intoanyTransactionswithus.Formoreinformation,pleaserefertothePart18below.

1.5.IfyouareacceptedasourClient,theseTermstogetherwiththeprovisionsoftheRiskDisclosureStatement,theOrderExecutionPolicy,thePrivacyPolicy,KeyInformationPolicy,theConflictsofInterestPolicy,theComplaintsHandlingPolicy,theClientCategorisationPolicyandtheInvestorCompensationFundPolicy(allasamendedfromtimetotime),whichcanbefoundonourWebsiteandmobileapp,constitute a legally binding contract between us, as well as include importantinformationwhich,asaCyprusInvestmentFirm,wearerequiredtoprovidetoourClientsundertheApplicableLawsandRegulations.Youshouldreadcarefullyallofthesetermsandanyotherdocumentsthatwehavesuppliedorwillsupplyinthefuturetoyou.

1.6.TheseTermssupersedeanypreviousagreementbetweenyouandusonthesamesubjectmatterandtakeeffectwhenyou indicateyouracceptanceviaourWebsiteormobileapp.TheseTermsshallapplytoallTransactionscontemplatedundertheseTerms.

1.7.NothingintheseTermswillexcludeorrestrictanydutyorliabilityowedbyustoyouundertheApplicableRegulationsand,ifthereisanyconflictbetweentheseTermsandtheApplicableLawsandRegulations,theApplicableLawsandRegulationswillprevail.

1.8. These are our standard Terms which we intend to rely on to govern ourrelationshipwithyou.Foryourownbenefitandprotection,youshouldreadtheTermscarefullybeforeagreeingtothem.Ifyoudonotunderstandanypointinanyof the documentsmaking up the Terms, please ask for further information attheContactUspageonourWebsite.ThispageisalsoavailablethroughtheHelpmenuonourmobileapp.

1.9.ThereisnospecificEUregulatoryframeworkgoverningthetradeofCFDsonvirtual currencies.TradingCFDs fallsoutside the scopeofourMiFID regulatedactivities.Still,theCompanywillapplyrequirementssimilartothoseprescribedintheLawandimplementedbytheCompanyhereinanditspoliciesfortradingCFDsonvirtual currencies.These include,amongothers, similarorganizationalrequirements(safeguardingofclientsassets,thecompliancefunctionandinternalaudit function), similar conduct of business rules (including marketing

communication, appropriateness andbest execution), the same recordkeepingandcapitaladequacyrequirements.

PART2.DEFINITIONS

2.1.IntheseTerms:

Accountmeans thepersonal trading account youholdwithus anddesignatedwithaparticularaccountnumber.

AccountCodesmeanstheusernameandpasswordgivenbytheCompanytotheClientforaccessingtheCompany’selectronicsystems.

Agreement means the Terms and Conditions for the Services offered by theCompany.

ApplicableLawsandRegulationsmeans:

a. CySEC Legislation, Directives, Circulars or other regulations issued byCySECandgoverntheoperationsofCyprusInvestmentFirms.

b. allotherapplicablelaws,rulesandregulationsasinforcefromtimetotime.

Associatemeansanundertakinginthesamegroupasus,arepresentativewhomweappoint,oranyotherpersonwithwhomwehavea relationship thatmightreasonablybeexpectedtogiverise toacommunityof interestbetweenusandthem.

BaseCurrencymeanseithertheofficialcurrencyoftheUnitedStatesofAmerica(the USD), or the official currency of the Eurozone (the EUR), or the officialcurrencyoftheUnitedKingdom(theGBP),ortheofficialcurrencyoftheRepublicofPoland(thePLN)oranyothercurrencythatmaydesignatedbytheCompanyasaBaseCurrencyfromtimetotime.

BusinessDaymeansadaywhichisnotaSaturdayoraSundayorapublicholidayinCyprusandanyotherholidaytobeannouncedbytheCompanyonitswebsite.

CIFAuthorisationmeansthelicensetheCompanyhasobtainedfromCySEC,asthis may be amended from time to time and which sets out investment andancillaryservicestheCompanyisauthorisedtoprovide.

ClientMoneyRulesmeanstherulesspecifiedinparagraph17(9)oftheLawandanyDirectivesandCircularsissuedpursuanttothatparagraph,asamendedfromtimetotime.

Client means a retail Client or a professional Client and/or an eligiblecounterparty, acting as the counterpartyof theCompanyandhaving agreed totheseTermswiththeCompany.

Company’swebsitemeansthefollowing:https://capital.com/.

Contract for Differences or CFD means the financial instrument specified inparagraph(9)ofPartIIIofFirstAppendixoftheLaw.

CySECmeanstheCyprusSecuritiesandExchangeCommission.

CySEC Rules means the Law L.87(I)/2017, for the provision of InvestmentServices, the Exercise of Investment Activities, the operations of RegulatedMarkets and other related matters , the Directives, Circulars and all otherregulations issued pursuant to this Law and all relevant guidance notes,administrativenotices,newslettersandrulespublishedbyCySEC.

CAPITAL.COM Trading Desk means the trading desk operated by us at ourpremises.

CAPITAL.COM Online Trading Platform means the Internet-based tradingplatformavailableatourWebsiteinadesktopversionandbymeansofourmobileappthatallowsustoprovideElectronicServicestoyou.

Electronic Services means a service provided by us, for example an Internettradingserviceofferingclientsaccesstoinformationandtradingfacilities,viaaninternetservice.

EventofDefaultmeansanyoftheeventsofdefaultlistedinPart14(EventsofDefault).

Executionmeans the completionof a Client order on theCAPITAL.COMOnlineTrading Platform, where the Company acts as a principal to the ClientsTransaction.

FATCAmeanstheUSForeignAccountTaxComplianceAct.

ForexCompanymeansCJSC“CapitalComBel”,acompanydulyincorporatedonthe territory of Republic of Belarus with registered address at: 36-1Internatsionalnayastr.,office823,220030Minsk,Belarus.

Law means the Cyprus Law which provides for the provision of investmentservices,theexerciseofinvestmentactivities,theoperationofregulatedmarketsandotherrelatedmattersL.87(I)/2017of2017.

MiFIDIImeansDirective2014/65/EUoftheEuropeanParliamentandoftheCouncilof15May2014onmarketsinfinancialinstrumentsandamendingDirective2002/92/ECandDirective2011/61/EU(theMarketsinFinancialInstrumentsDirective(2014/65/EU),asthesamemaybeinforcefromtimetotimeandmodifiedoramendedfromtimetotime).

Markets in Financial Instruments Regulation,MiFIRmeans the Regulation(EU)No600/2014oftheEuropeanParliamentandoftheCouncilofthe15May2014 on markets in financial instruments and amending Regulation (EU) No648/2012.

Ordermeanstherequest/instructiongivenbytheClienttotheCompanytoOpenorCloseaPositionintheClientsAccount.

Over-the-counterorOTCmeansandreferstoTransactionsconductedotherwisethanonaformalexchange(i.e.off-exchange).

PoliticallyExposedPersonorPEPmeansanaturalpersonwhoisorhasbeenentrustedwithprominentpublicfunctionsduringthelasttwelve(12)months,aswell as immediate familymembers and close associates of such a person. Theprominentpublicfunctionsinclude:

• heads of state, heads of government, ministers and deputy or assistantministers;

• membersofparliaments;

• membersofsupremecourts,ofconstitutionalcourtsorofotherhigh-leveljudicialbodieswhosedecisionsarenotsubjecttofurtherappeal,exceptinexceptionalcircumstances;

• members of courts of auditors or of the boards of central banks;ambassadors, charges d’affaires and high-ranking officers in the armedforces;

• membersoftheadministrative,managementorsupervisorybodiesofstate-ownedenterprises.

PRIIPsmeanRegulation(EU)No1286/2014oftheEuropeanParliamentandtheCouncilof26November2014onKeyInformationDocumentsforpackagedretailandinsurance-basedinvestmentproducts.

Secured Obligations means the net obligation owed by you to us after theapplication of set-off under Part 11 (Margining Arrangements) in Clause 11.5entitledSet-offonDefault.

SpreadmeansthedifferencebetweenthepurchasepriceASK(rate)andthesalepriceBID(rate)atthesamemomentforthesamefinancialinstrument.

ServicesmeanstheinvestmentserviceswhichwillbeprovidedbytheCompanyto the clients and are governed by this Agreement as these described in thisAgreement.

Systemmeansallcomputerhardwareandsoftware,equipment,networkfacilitiesand other resources and facilities needed to enable you to use an ElectronicService.

TermsmeansthepresentTermsandConditions.

TIN(includingfunctionalequivalent)meansTaxpayerIdentificationNumberorafunctionalequivalent intheabsenceofaTIN.ATIN isauniquecombinationoflettersornumbersassignedbyajurisdictiontoanindividualoranEntityandusedtoidentifytheindividualorEntityforthepurposesofadministeringthetaxlawsof such jurisdiction. Further details of acceptable TINs can be found at thefollowinglink:

http://www.oecd.org/tax/transparency/automaticexchangeofinformation.htm

SomejurisdictionsdonotissueaTIN.However,thesejurisdictionsoftenutilizesome other high integrity numberwith an equivalent level of identification (afunctionalequivalent).Examplesofthattypeofnumberinclude,forindividuals,asocial security / insurance number, personal identification / service code andresidentregistrationnumber.

TransactionmeansanytransactiononCFDsacrossarangeofunderlyingassetclasses,including,butnotlimitedto,equity,commoditiesandindices,carriedoutsubject to these Terms and for which we are authorised under our CyprusInvestmentFirm(CIF)license.

TradingVenue(ToTV)meansaregulatedmarket,amultilateraltradingfacility(MTF)oranorganisedtradingfacility(OTF),asdefinedunderMiFIDII.

USReportablePersonsmeansasperFATCA:

a. aUScitizen(includingdualcitizen);

b. aUSresidentalienfortaxpurposes;

c. adomesticpartnership;

d. adomesticcorporation;

e. anyestateotherthanaforeignestate;

f. anytrust,if:

i. acourtwithintheUnitedStatesisabletoexerciseprimarysupervisionovertheadministrationofthetrust;

ii. one or more United States persons have the authority to control allsubstantialdecisionsofthetrust;

iii. anyotherpersonthatisnotaforeignperson.

PART3.GENERAL

3.1.InformationaboutUs

3.1.1.Ourregisteredofficeisat6thfloor,LophitisBusinessCentreII,237,28thOctober Street, Limassol, PC3035. Our contact details are set out in Part 20(“Miscellaneous”)oftheTermsundertheheading“Notices”.

3.1.2.CAPITAL.COMisamarketmakerforCFDs.TheCompanyownsandoperatesthe websitehttps://capital.com/(the “Website”) and the CAPITAL.COM OnlineTrading Platform,which enable the provision of the Electronic Services to ourClients.

3.1.3. The Company shall provide the Services strictly under the Terms. Thesetermsmaybe amended from time to time after a propernotificationhas beengiventothecounterparty(hereafterthe“Client”)viamobileappanddisplayedontheWebsiteoftheCompany.TheClienthasread,understoodandunconditionallyacceptedallinformationpublishedontheCompany’sofficialwebsite.

3.2.Language

TheseTermsaresuppliedtoyouinEnglishandwewillcontinuetocommunicatewithyouinEnglishforthedurationoftheseTerms.WewillhavethediscretiontocommunicatewithyouinotherlanguagesinadditiontoEnglish.

3.3.CommunicationwithUs

3.3.1.Youmaycommunicatewithusbye-mailorthroughthe“ContactUs”sectionof our Website or the mobile app. Our contact details are set out in Part 20(“Miscellaneous”)oftheTermsundertheheading“Notices”.

3.3.2. Our Website and mobile app contain further details about us and ourElectronicServices,andotherinformationrelevanttotheseTerms.IntheeventofanyconflictbetweentheseTermsandourWebsiteormobileapptheseTermswillprevail.

3.3.3.ByacceptingandagreeingtotheTermsandfurtheropeninganAccountwiththeCompany,theClientacceptstheprovisionofinformationthroughelectronicmeanssuchastheCompany’sWebsiteoryourverifiedemail(“durablemedium”),duetothenatureoftherelationshipestablishedbetweentheCompanyandtheClient.SuchprovisionofinformationbymeansofelectroniccommunicationshallbetreatedasappropriatebytheClient.TheprovisionofanemailaddressbytheClienttotheCompanyfortheestablishmentorthecontinuationofthebusinessrelationshipshallbeconsideredassufficientevidenceoftheClientsagreementofreceiving information through durablemedium. The Companywill ensure to areasonabledegreethattheWebsitewillbeaccessiblecontinuously.

3.4.ProvisionofServices:

The Company is authorized to provide the following Services under its CIFauthorization:

a. Receptionandtransmissionofordersinrelationtooneormorefinancialinstruments;

b. Executionofordersonbehalfofclients;

c. DealingonOwnAccount.

In addition, the Company may provide the following ancillary services inaccordancewithitsCIFauthorization:

a. Safekeeping and administration of financial instruments, includingcustodianshipandrelatedservices;

b. Grantingcreditor loans tooneormore financial instruments,where thefirmgrantingthecreditorloanisinvolvedinthetransaction;

c. Foreignexchangeserviceswhere theseareconnected to theprovisionofinvestmentservices.

3.5ClientCategorisation

3.5.1.WeactasaprincipalandnotasanagentonyourbehalfandyouentertheseTermsasaprincipalandnotasagent(ortrustee)onbehalfofsomeoneelse.

3.5.2. As per the provisions ofMiFID II, the Companywill dealwith the Clientaccordingtothetypeofcategorisation/classificationonwhichtheClientwillbetreatedeitherasaRetail,ProfessionalorEligibleCounterpartyinaccordancewiththeinformationprovidedduringtheaccountopeningprocedure.

3.5.3.MiFIDIIestablishescertaincriteriawhichtheCompanyshallfollowwhencarrying out the classification and communicating the outcome to clients andwhichithasincorporatedintoitsClientCategorisationPolicyestablishedforthispurpose.

3.5.4. The Company will notify its clients, and existing clients for theircategorizationasaretailClient,professionalClientoraneligiblecounterparty.FormoreinformationpleaseseeourClientcategorisationpolicy.

3.5.5.TheCompanyrecognizesthatClientsshouldbeingeneralallowedtorequesttobeplacedintoadifferentcategoryotherthanretail.

3.5.6. You shall inform the Company in case that your personal informationchanged. In the event that youwish to be re-categorized, youmust inform theCompanyinwriting,clearlystatingsuchawish,aspertheprovisionsoftheClientCategorisationPolicy.ThefinaldecisionofthechangeincategorisationhoweverliesintheabsolutediscretionoftheCompany.

3.5.7.YourprotectionasaretailclientundertheCySECRulesandotherApplicableRegulationsincludes,butisnotlimitedto:

a. ourobligationtoprovideappropriateinformationtoyoubeforeprovidingtheElectronicServices;

b. therestrictiononthepaymentorreceiptbyusofanyinducements;

c. ourobligationtoensurethatallinformationweprovidetoyouisfair,clearandnotmisleading;

d. therequirementthatyoureceivefromusadequatereportsontheElectronicServicesprovidedtoyou;

e. Aretailclientwillbegivenmoreinformation/disclosureswithregardstotheCompany,itsservicesandanyinvestments,itscosts,commissions,feesand charges and the safeguarding of clients’ funds and financialinstruments. Clients who are classified as professionals or eligiblecounterparties will be provided with the relevant requirements to theextentagreedbetweentheCompanyandtherespectiveclients.

f. CAPITAL.COM will request the Client to provide information regardinghis/herknowledgeandexperienceintheinvestmentfieldrelevanttothespecifictypeofproductorserviceofferedordemandedsoastoenabletheCompany to assesswhether the Client is appropriate for the investmentserviceorproductenvisaged.IncasetheCompanyconsiders,onthebasisoftheinformationreceived,thattheClientisnotappropriateforproductorservice,theCompanywillalerttheClientaccordingly;

g. when executing orders, CAPITAL.COM will take all reasonable steps toachievewhatiscalled“bestexecution”oftheClient’sordersthatistoobtainthebestpossibleresultfortheirClientasdefinedintheCompany’sOrderExecutionPolicy.TheOrderExecutionPolicyisprovidedonourWebsite,orby e-mail on request. Unless you notify us to the contrary, you will bedeemedtoconsenttoourOrderExecutionPolicywhentheseTermscomeintoeffect.Ifyoudonotconsent,wereservetherighttorefusetoprovideourElectronicServicestoyou;

h. CAPITAL.COMwillinformitsClientsofmaterialdifficultiesrelevanttotheproper carrying out of their order(s) promptly upon becoming aware ofsuchdifficulties;

a. CAPITAL.COMwillprovideClientswithfullandexplicitinformationontheexecutionoftherelevantClientorders;

j. CAPITAL.COMwillmakeadequatearrangementsforfinancialinstrumentsheldonbehalfofaClienttopreventtheirusebytheCompanyforitsownaccountbydepositingthemwithathirdpartyinmannerthatwouldmakethemidentifiablefromtheCompany’sfinancialinstrumentsheldwiththatthirdparty(ifany)andidentifiablefromthefinancialinstrumentsheldbythatthirdpartyaswell;

k. CAPITAL.COM will make adequate arrangements for Margin Close-OutProtection.Thestandardizedmarginclose-outrulehasbeensetat50%ofthetotalinitialmargin.ThethresholdhasbeensetoutinESMA’smitigationmeasurestoensureanadequatecommonminimumlevelofprotectionforretailinvestors.Amarginclose-outruleisimposedonagradualbasis;

l. ClientsmaybeentitledtocompensationundertheInvestorCompensationFundforClientsofInvestmentFirmsscheme;

m. CAPITAL.COMwillmakeadequatearrangementstopreventtheuseofClientfundsforitsownaccountbydepositingthementirelyintosegregatedbankaccounts.

3.5.7.Youacknowledgeandaccept thatyouhavereadandacceptedthe“ClientCategorisation Policy”, provided during the registration process and which isuploadedontheCompany’sWebsite.

3.5.8.TheCompanyreservestherighttorevokeorchangeitsClientCategorisationPolicyatanytimeasthiswillbedisplayedintheCompany’sWebsite.Insucha

case you will be requested to re-consent to the updated version of the ClientCategorisationPolicy.

3.6.AvailabilityoftheElectronicServices

3.6.1.TheElectronicServicesofCAPITAL.COMareonlyavailable to individualswho:

a. are at least eighteen (18) years old and at least the legal age in his/herrespectivejurisdiction;

b. aredomiciledorlocatedinacountrywherethedistributionoruseofCFDswouldnotbecontrarytolocallawsorregulations.Itisyourresponsibilitytoascertainthetermsof,andcomplywithanylocallawsorregulationstowhichyouaresubject;

c. arenotdomiciledorlocatedintheUnitedStatesofAmerica.Furthermore,the use of the CAPITAL.COMOnline Trading Platform is prohibited fromanywhereintheUnitedStatesofAmerica;

d. haveprovided the companywith the information required tobuild theireconomicprofile;

e. at theCompany’s requesthaveprovided informationanddocumentationnecessary to establish the source of funds depositedwith the Company;and/or

f. are not employees, directors, associates, agents, affiliates, relatives, orotherwiseconnectedtotheCompanyoranyofitsAssociates.

3.6.2.TheuseofandaccesstotheCAPITAL.COMOnlineTradingPlatformmaynotbepermittedormaybeblockedinsomejurisdictions.ItisyourresponsibilitytoverifythatyouarepermittedtouseandaccesstheCAPITAL.COMOnlineTradingPlatformaccordingtothe jurisdictionofyourdomicileoranycountry inwhichyoumaybe located.Shouldyoutry toaccess theCAPITAL.COMOnlineTradingPlatformfromacountryotherthanyourcountryofyourdomicile it ispossible

that access will not be permitted and you will be unable to access theCAPITAL.COMOnlineTradingPlatformandthereforeopenanypositionsorcloseanyexistingpositions.

3.6.3.TheCAPITAL.COMOnlineTradingPlatformandtheCompany’sElectronicServicesarenotintendedfordistributionorpublicoffertoClientsdomiciledorlocatedinBelgium(“BelgianClients”).ItistheresponsibilityofBelgianClients,toascertainthetermsof,andcomplywithanylocallaworregulationtowhichtheymaybesubjecttoasresidentsofBelgium.

3.6.4.WewillcurrentlynotonboardaClientthatwouldinourbestopinionqualifyasaBelgianClientduetotheplaceofhis/herdomicile,residency,locationandetc.

3.6.5. The Company may, in its sole discretion, refuse to offer its ElectronicServicestoanypersonandchangeitseligibilitycriteriaatanytime.

3.7.GeneralInterpretation

3.7.1.A reference in theseTerms to a “Clause”or “Schedule”or “Part” shall beconstruedas a reference to, respectively, aClauseor ScheduleorPartof theseTerms,unlessthecontextrequiresotherwise.

3.7.2. References in these Terms to any statute or statutory instrument orApplicable Regulations include anymodification, amendment, extension or re-enactmentthereof.

3.7.3.AreferenceintheseTermstoa“document”shallbeconstruedtoincludeanyelectronicdocument.

3.7.4. The masculine includes the feminine and the neuter and the singularincludesthepluralandviceversaasthecontextadmitsorrequires.

3.7.5. Words and phrases defined in the CySEC Rules and the ApplicableRegulationshavethesamemeaning in theseTermsunlessexpresslydefined intheseTerms.

3.8.Schedules

3.8.1.TheprovisionscontainedintheattachedSchedule(s)(ifany)shallapply.Wemay from time to time send to you further Schedules in respect of theTransactions.IntheeventofanyconflictbetweentheprovisionsofanyScheduleandtheseTerms,theprovisionsoftheScheduleshallprevail.

3.8.2.Youacknowledgehavingread,understoodandagreedtotheSchedulestotheseTerms(ifany).

3.9.Headings

HeadingsareforeaseofreferenceonlyanddonotformapartoftheseTerms.

3.10.AssessmentofAppropriatenessIn order for the Company to ensure that the information regarding clients’potential knowledge and experience in the investment fields includes thefollowing,takingintoaccounttheextentappropriatetothenatureoftheClient,thenatureandextentoftheServicestobeprovidedandtheanticipatedtypeofproductortransaction,includingtheircomplexityandtherisksinvolved:

a. The type of service, transaction and financial instrumentwithwhich theClientisfamiliar;

b. The nature of the Client’s transactions in financial instruments and theperiodoverwhichtheyhavebeencarriedout;

c. Thelevelofeducation,andprofessionoftheClientorpotentialClient.

The Company shall not encourage a Client or potential Client not to provideinformationrequiredforthepurposesassessingtheappropriateness.

TheCompanyshallbeentitledtorelyontheinformationprovidedbyitsClientsorpotentialClientsunlessitisawareoroughttobeawarethattheinformationismanifestlyoutofdate,inaccurateorincomplete.

Further to the above, the Company when assessing whether a Service isappropriate for a Client, determines whether that Client has the necessaryexperience and knowledge to understand the risks involved in relation to theproduct or investment service offered or demanded. Since the Company willexpanditsservicestocoverprofessionalclients,theCompanyshallbeentitledtoassumethataprofessionalClienthasthenecessaryexperienceandknowledgetounderstand the risks involved in relation to those investment services ortransactions,ortypesoftransactionorproduct,forwhichtheClientisclassifiedasaprofessionalClient.

3.11.ProductGovernance:

UndertherequirementsimposedbyCySECinrelationtoProductGovernance,wehavedeterminedtheTargetMarketforeachfinancialinstrumentofferedbyus.Aspartoftheaccountopeningprocedure,youacknowledgethatyoushouldprovidethenecessaryinformationtoenableustodeterminewhetheryoufallwithintheidentifiedTargetMarketofendclientsornot.Suchinformationaimstoevaluatewhether your needs, characteristics and objectives are in line with thecharacteristicsandriskofcomplexandleverageproductsofferedbytheCompany.

If you provide us with incorrect or incomplete information required underProduct Governance regime, you will adversely affect our ability to carry outcorrectlyourobligationandthus,youmaybeallowedtoenterintoTransactionsinFinancialinstrumentsthatshouldnotbemarketedandofferedtoyou.

3.12.KeyInformationDocument

TheKeyInformationDocument(“KID”)isthedocumentpreparedbytheCompanyfor the packaged retail and insurance-based investment products (“PRIIPs”)manufacturedandsoldbytheCompanytoretailclients.InaccordancewiththerequirementsofPRIIPs, thepurposeof theKID is toprovideretail clientswithoverview information on the Company, applicable Laws and Regulations, theservicesofferedaswellasthenatureandrisksinvolvedinthetradingofCFDs.

AstheKIDconstitutesanoverviewoftherisksinvolved,itisprovidedtoyouonlyforthepurposeofhelpingretailclientstounderstandthenature,costs,risksandrewardsoftherelevantproductsandtohelpyoucompareitwithotherproducts,it shouldbeused for informationpurposes.TheseTermscomprise theprimarylegalagreementbetweenyou,incaseyouwereclassifiedasRetailClient,andthe

Companyfortheservicesweprovidetoyouasdescribedherein.TheKIDforallourofferedservicesisavailableonourWebsite.

PART4.APPLICABLELAWSANDREGULATIONS

4.1.SubjecttotheApplicableLaws&Regulations

4.1.1.TheseTermsandallTransactionsaresubject to theApplicableLawsandRegulationssothat:

a. nothing in theseTerms shall excludeor restrict anyobligationwhichwehavetoyouundertheApplicableLawsandRegulations;

b.wemay takeoromit to takeanyactionweconsidernecessary toensurecompliancewithanyApplicableLawsandRegulations;

c.allApplicableLawsandRegulationsandwhateverwedoorfailtodoinordertocomplywiththemwillbebindingonyou;and

d.suchactionsthatwetakeorfailtotakeforthepurposeofcompliancewithany Applicable Laws and Regulations shall not render us or any of ourdirectors,officers,employeesoragentsliable.

4.2.ActionbyaRegulatoryBody

4.2.1. If CySEC, or any other regulatory body takes any action which affects aTransaction,thenwemaytakeanyresponsiveactionwhichwe,inourreasonablediscretion, considerdesirable to respond to suchactionor tomitigateany lossincurredasaresultofsuchregulatoryaction.Anysuchactionshallbereasonableandbindingonyou.

4.2.2.IfCySEC,oranyothersupervisoryauthoritymakesanenquiryinrespectofanyofyourTransactions,youagreetoco-operatewithusandtopromptlysupplyinformationrequestedinconnectionwiththeenquiry.

4.3.ObligationsregardingFinancialAccountHolder’staxresidency

4.3.1.UnderCommonReportingStandard(“CRS”)Regulation,weareobligedtocollectcertaininformationabouttheFinancialAccountHolderforthepurposesofreporting. We have the right to provide such information to the local taxauthoritiesandtheymayexchangethisinformationwithtaxauthoritiesofotherjurisdiction(s)pursuanttointergovernmentalagreementsregardingtheexchangeoffinancialinformation.

4.3.2.IftheFinancialAccountHolder’staxresidenceislocatedoutsidethecountry,where the Financial Institution (FI) maintaining the account is located, theCompanymaybelegallyobligedtopassonfinancial informationprovidedwithrespect toyouraccount to the local taxauthoritiesandtheymayexchangethisinformation with tax authorities of another jurisdiction/s pursuant tointergovernmentalagreementstoexchangefinancialaccountinformation.

4.4.FATCA:

4.4.1.IncasewheretheClientisconsideredasaUSreportablepersonasdefinedunderthisAgreementthenweareobligedtocollectcertaininformationforthepurposesofensuringcompliancewithFATCAreportingrequirements.TheClientacknowledgesandacceptsthattheCompanyisrequiredtodiscloseinformationin relation to anyUS reportablepersons to the relevant authorities, asper thereportingrequirementsofFATCA.TheCompanydoesnotacceptUSreportablepersons.

4.4.2.WearerequiredbytheApplicableLawsandRegulations(includingwithoutlimitation, FATCA) to confirm and to verify the identity of each Client whoregisters in our system and opens an Account with us. Therefore, youwill bepromptedtoprovideuswithinformationwhenyouregisterwithus,including:(1)yourname,(2)youraddress,(3)yourdateofbirth,(4)yourphonenumberandanyotherpersonallyidentifiableinformationthatwemayaskforfromtimetotimesuchasacopyofyourpassportand/orIdentityCarda proof of addresses or other identifying documents or information, and thecountriesofwhichyouareataxresident,andconfirmwhetheryouareaUScitizenoryourplaceofbirthisintheUnitedStatesofAmericaoranyotherproofofyourcurrentlocationordomicile.YoushallnotifyCAPITAL.COMinwritingwithin30daysofanymaterialchangeintheinformationpreviouslyprovidedtous.

PART5.PAYMENTSCOST,CHARGES,METHODS,DEPOSITSANDINDUCEMENTS

5.1.Charges

Spreads,feesandotherchargesarepayablebyyouasaClientoftheCompany.Acopy of our current charges is published in the KID and the mobile app. Anyalterationtochargeswillbenotifiedtoyouinadvanceoftherelevantchange.

TheCompanyreservestherighttomodify,fromtimetotimethesize,theamountsand the percentage rates of its fees providing the Client with a respectivenotificationofsuchchargesaccordingly.

Furtherinformationinrespecttocostsandchargesareprovidedinanaggregatedformon theCompany’swebsite (expressed in both as a cash amount and as apercentage).TheCompanyprovidesyouwithanitemizedbreakdownofcostsandchargesinyourpersonalaccountonourplatform.

5.2.Spreads

TheCompanywillquotetoclientstwoprices,the“ASK”atwhichclientscanbuyarespective CFD, and the “BID” at which clients can sell a respective CFD. Thedifference between the ASK and the BID prices is called the “SPREAD”. TheSPREADistheonlytradingcostthattheuserhastopayforthetradingpartoftheElectronicServices.Nootherchargesorcommissionsarepaidby theclients toenterorexitatrade.TheCompany’sspreadsarequotedonboththemobileandwebplatformsandonthewebsite.Thespreadsaredynamicduetotheuncertainnatureofthemarketsandaresetatthe absolute discretion of the Company. Different instruments have differentspreads.Thespreadmayfactorin:-Liquidityoftheproduct’sunderlyingmarket-Generalmarketandeconomicconditions-TheCompany’sriskappetite-TheCompany’scostsandprofitmargin-Thegreatercompetitivelandscape

TheCompanyisusingaproprietarymodeltocreateitspricing.Auniqueinternallydevelopedpricingalgorithmsourcespricesfrommanypriceliquidityproviders,assuringthattheCompanyprovidestoitsclientsthebestpriceitcan.

5.3.NoCommissionsorFeesforDepositingorWithdrawal

No fees are charged by the Company for deposits to or withdrawals from theAccount.

5.4.PaymentMethods

The following payment methods can be used: bank cards and bank transfers,payments via electronic or online payment solutions, such as iDeal, Trustly,Multibanko,Przelewy24,Sofort,Qiwi,WebMoney,Skrill,Neteller,AstropayTEF,2c2p. Additional limitations and restrictions apply subject to region, and/orcurrency,and/oramountofpayment.TheCompanyreservestherighttoamendthelistofpaymentmethodswithoutnotificationofitsclients.

5.5.MinimumDeposits

5.5.1.TheCompanyreservestherighttochangefromtimetotimetheminimumamountofmoneythatcanbedepositedtoyourAccountatatime(the“MinimumDeposit”).TheamountthatiscurrentlyconstitutingtheMinimumDepositshallbeshown to you during the depositing process. In average theMinimumDepositconstitutesfrom20to100EURorsameamountsinUSD/GBP,orfrom80to400PLNrespectively,dependingontheaccountbasecurrency.

5.5.2.Fordepositsprocessedviabanktransfers, theCompanyshallonlyacceptdeposits that are equal to€250 (or the equivalent in theBaseCurrencyof theClient's Account) (the “MinimumBank Transfer Deposit") or deposits that aregreaterthantheMinimumBankTransferDeposit.IncasetheClientdepositsanamount less than the Minimum Bank Transfer Deposit the Company has thediscretiontodeclinesuchdepositandprocessitsreturn,withallrelevantbankchargesdeductedfromtheamountreturned.

5.6.PrepaidCards

5.6.1.Anonymousprepaidcardsinvolveahigherriskformoneylaunderingandterroristfinancingactivities.Assuch,theCompanyhasestablishedproceduresin

ordertomitigatesuchriskarisingfromtheuseofanonymousprepaidcards.Inparticular, the Company shall not accept deposits originating from anonymousprepaid cards issuedoutside theEuropeanUnion. In this respect,when suchadepositmethodisidentifiedbytheCompany,thedepositedfundsareimmediatelyreturnedtotheClient.

5.7.ConversionintotheBaseCurrency

Investinginfinancialinstrumentswithanunderlyingasset(s)inacurrencyotherthan your base currency entails a currency risk as the financial instrument issettledinacurrencyotherthanyourbasecurrencyandhencethevalueofyourreturnmaybeaffectedbyitsconversionintothebasecurrency.

For the purposes of any calculation (unless expressly stated otherwise), weconvertamountsdenominatedinanyothercurrencyintotheBaseCurrencyattheprevailingrateatthetimeofthecalculationasshownonourplatform.

However,theCompanyreservestherighttoaddamarkupontheconversionratesinrelationtotheprevailingmarketconditions.

5.8.AdditionalCosts

Youshouldbeawareofthepossibilitythatothertaxesorcostsmayexistthatarenot paid through or imposedby us. It is your sole responsibility to bear theseadditionalcosts.

5.9.Ex-postdisclosure

TheCompanywillprovidetheClientswithanitemizedbreakdownofcostsandchargesinyourpersonalaccountonourplatform.

5.10.NoThird-PartyPayments

YoucandepositonlyyourmoneytoyourAccount.Itmeansthatitshouldbeeasilytraceablethatthedepositedfundscomefromyou.Incaseofadoubtwereservetherighttoaskforadocumentaryconfirmationoftheownershipoftheincomingfunds.

Nothird-partypaymentswillbeaccepted.Ifthirdpartydepositisidentifiedorifin case of a doubt you are unable to provide the documentary prove of fundsownership– thedepositedamountdeductedby theamountof transaction feeswillbereturnedtothesameaccountfromwhichitwasreceived.

Incasethecardwasfraudulentlyusedthelegalownerofthecardshallapplytothe Company for reimbursement of the full fraudulently transferred amountincludingtransactionfees.

TheCompanywillnotprocessanyAccountwithdrawalsmade to thirdparties.Withdrawalswillbemade to thesameaccount fromwhich the incoming fundswere received. If it is not possible you are obliged to provide us with thedocumentary prove of ownership of the account to which you are requestingwithdrawal.

5.11.OvernightPremiums

Ifyouholdapositionopenovernight,anovernightpremiumissubtractedfromyourAccount.ThesizeofovernightpremiumisspecifiedforeachinstrumentonourWebsiteandonthemobileapp.

5.12.Inducements

Under inducements rules, the Companywill not pay or accept from any party(other you) any fee or commission in connection with the provision of aninvestmentserviceoranancillaryserviceunlessthesepaymentsand/orbenefitsmeettherequirementsofthefollowingparagraph.Similarly,wewillnotprovideto or receive from any party (other than you) any non-monetary benefit inconnectionwiththeprovisionofinvestmentserviceoranancillaryservice.

Inaccordancewiththeaboveparagraph,thepaymentsand/orbenefitsshall:

• BedesignedtoenhancethequalityoftheserviceprovidedtotheClient;and

• Not impair compliancewith the Company’s duty to act honestly, fairly andprofessionallyinaccordancewiththeClient’sbestinterest.

Theonly inducementspaidby theCompany to thirdparties relate to the thirdpartiesintroducingClientstotheCompany.ThetermsofpaymentaredisclosedonthewebsiteoftheCompany:https://affiliates.capital.com/.

Withrespecttotheprovisionofinducementrules,i.e.ensuringthatinducementsdonotimpairtheCompany’sdutytoacthonestly,fairlyandprofessionallyinaccordancewiththebestinterestofitsClients,theCompanyatalltimesprovidesthefollowing:

1.TheCompanydoesnot treatanydifferentlyClientsonboarding throughaffiliatesinrelationtotheirexecutionoftheirorders;2.TheClientdoesnotincuranyadditionalcostswhenonboardingthroughan affiliate, as inducements paid to the affiliate are paid directly by theCompany;3.TheCompanyensuresthatnoconflictsofinterestarisefromthemethodof inducementofaffiliatessince the termsofpaymentdonotrelate to theintroduced Clients’ deposited amount nor the volume of transactionsundertaken. Affiliates are paid depending on the number of Clientsintroducedonly.

5.13.GuaranteedStopLossOrderFee(GSLFee)

There is a fee chargedwhen the Guaranteed Stop Loss Order is triggered andexecuted.The fee ischarged in the formofanextraspreadand isexpressed inpercentage. The percentage is displayed in the deal ticket when placing theGuaranteedStopLossOrderontheCAPITAL.COMOnlineTradingPlatform.TheGSLFeeiscalculatedbythefollowingformula:

GSLFee=ExtraSpread*GSLPrice*Quantityofthetrade

The amount of fee charged is displayed in the trade history once the GSL istriggeredandexecuted.

5.14.Dividends

Adjustments will be made to the Client’s Accounts due to dividend paymentsrelated to the underlying equity. Such adjustment will be calculated by theCompanybasingonthesizeofthedividend,thesizeofClient’sposition,taxation

andwhether it is a buy or a sell trade. If the Client holds a long Position, theCompany will adjust such Client’s Account in Client’s favor by the dividendmultipliedbythelongquantityasadjusted,ifnecessary,fortaxation.IftheClientholdsashortPosition,theCompanywilladjustsuchClient’sAccountinCompany’sfavorbythedividendmultipliedbytheshortquantityasadjusted,ifnecessary,fortaxation.Adividendadjustmentisappliedwhenanunderlyingsharepassesitsex-dividenddate (including the ex-date of any special dividend) in the underlying stockmarket.However,astheCompanyisdependentuponnotificationfromanexternalthirdparty under no circumstances the Company shall be kept liable for theconsequencesofanydelayedadjustments.

PART6.EXECUTIONOFCLIENTS’TRANSACTIONS

6.1.ExecutionOnly-NoprovisionofInvestmentAdvice

WedealonanexecutiononlybasisanddonotadviseonthemeritsofparticularTransactions,ortheirtaxationconsequences.

6.2.OwnJudgementandSuitability

Without prejudice to our foregoing obligations, in asking us to enter into anyTransaction,yourepresentthatyouhavebeensolelyresponsibleformakingyourownindependentappraisalandinvestigations intotherisksof theTransaction.You represent that you have sufficient knowledge, market sophistication,professionaladviceandexperiencetomakeyourownevaluationofthemeritsandrisks of any Transaction and that you have read and have accepted theRiskDisclosureStatement.WegiveyounowarrantyastothesuitabilityoftheproductstradedundertheseTermsandassumenofiduciarydutyinourrelationswithyou.

6.3.IncidentalInformation

Wherewedoprovidegenerictradingrecommendations,marketcommentaryorotherinformation:

a. this is incidental toyourdealingrelationshipwithus. It isprovidedsolely toenableyoutomakeyourowninvestmentdecisionsanddoesnotamounttoadvice;

b.whereinformationisintheformofadocumentcontainingarestrictiononthepersonorcategoryofpersonsforwhomthatdocumentisintendedortowhomitisdistributed,youagreethatyouwillnotpassitontoanysuchpersonorcategoryofpersons;

c. we give no representation, warranty or guarantee as to the accuracy orcompleteness of such information or as to the tax consequences of anyTransaction;

d.youacceptthatpriortodispatch,wemayhaveacteduponitourselvesormadeuseoftheinformationonwhichitisbased.Wedonotmakerepresentationsastothe time of receipt by you and cannot guarantee that you will receive suchinformationatthesametimeasotherClients.Anypublishedresearchreportsorrecommendationsmayappearinoneormorescreeninformationservice.

6.4.ConflictsofInterestPolicy

6.4.1.UnderApplicableLawsandRegulations,theCompanyisrequiredtohavearrangementsinplacetomanageconflictsofinterestbetweentheCompanyanditsclientsandbetweenotherclients.TheCompanywillmakeallreasonableeffortsto avoid conflicts of interest when they cannot be avoided the Company shallensurethatyouaretreatedfairlyandatthehighestlevelofintegrityandthattheirinterestsareprotectedatalltimes.

6.4.2.YouacknowledgethatweprovideourServicestoabroadrangeofClientsandhavenumerouscounterpartiesandcircumstancesmayariseinwhichwe,ourAssociates,oranyrelevantpersonmayhaveamaterialinterestinaTransactionwithorforyouorwhereaconflictofinterestmayarisebetweenyourinterestsandthoseofotherclientsorcounterpartiesorofourselves.

6.4.3.PleaserefertoourConflictsofInterestPolicyforfurtherinformationonhowwemanageanyconflictthatmayarise.Uponrequest,wewillprovideyouwithanyfurtherdetailsinthatregard.

PART7.AMLANDCLIENTACCOUNTOPENINGPROCEDURES

7.1.AccountOpening

7.1.1.BeforeyoucanplaceanorderwiththeCompany,youmustreadandaccepttheseTerms, thetradingpoliciesasoutlined inPart8below,andallapplicableSchedules(ifany).YoumustalsodepositsufficientfundsinyourAccountandyourClientregistrationformandallaccompanyingdocumentsmustbeapprovedandverifiedbytheCompany.

7.1.2.TheCompanyhasestablishedaCustomer’sAcceptancePolicy inorder toperformaccurateandcompleteriskassessmentwhenacceptingclients.

7.2.Documents

7.2.1.WhenacceptinganewClient,theCompanyisrequiredtohavesatisfactoryevidenceofaclients’identity,economyprofileandfinancialbackground,inordertoprovideaneffectiveservice.TheCompanyrequiresallclientstoenterintoanagreementwiththeCompanybycompletingtheaccountopeningdocumentationwhichistailoredtoextractingthisinformation.

7.2.1.1ForNaturalPersonsnotresidingintheRepublicofCyprus:

• Proofofidentity:CopiesofPassports,andifavailable,officialnationalidentitycardsissuedbycompetentauthoritiesoftheircountryoforiginareobtained;

• ProofofAddress:Autilitybill,housedeed,orbankstatementnotolderthan6months,statingtheClient’snameandresidentialaddress.Incaseswheretheclientsareoperatingwithincountrieswheretheaddressesareidentifiedonlyby reference to a P.O Box, a declaration letter signed by an independentgovernmentrepresentativeorprofessionalofficer(suchaspostoffice,lawyer,accountsandnotarypublic)confirmingtheClient’saddressisaccepted.

7.2.1.2.LegalPerson’sAccounts:

A different identification procedure is followed for legal persons interested inopeninganaccountwiththeCompany.AseparatecontractwillbeagreeduponbetweentheCompanyandthelegalperson.

The documentation that needs to be obtained by the respective clients is inaccordance with the provisions of the Prevention and Suppression of MoneyLaundering and Terrorist Financing Law of 2007-2018 (hereafter the “AMLLaw”)and the Directive DI144-2007-08 (hereafter the “AML Directive”), asamendedfromtimetotime.

7.2.2.ThedocumentsrequiredfortheverificationofyouridentitytoapprovetheregistrationofyourAccount,maybeprovidedtotheCompanywithin15(fifteen)calendar days from the date of the first depositmade to the relevantAccount.DuringthisperiodtheClientwillbeabletotrade.

7.2.3. Upon the provision of all requested documentation, and prior to theexpirationofthe15(fifteen)calendardaysmentionedinClause7.2.2above,theCompanywillassessandverifytheprovideddocumentationand,ifeverythingisinlinewiththeCompany’sprocedures,anapprovalofyourregistrationasaClientwill be sent to you by e-mail to the address you have provided during theregistrationoftheAccount.

7.2.4.Incasethedocumentsrequestedduringyourregistrationarenotprovidedwithin the 15 (fifteen) days period, the Company shall proceed with thesuspension of your Account and any other Electronic Services related to yourAccount will also be terminated. In case of a suspension, the Company willterminatethebusinessrelationshipwithyouontheexpirationofthelastdayof15(fifteen)calendardaysperiodandallavailablefundswillbereturnedtothesamebankaccountfromwhichtheywereinitiallytransferredtothesuspendedAccount. All open positions on the to-be-suspended Account will be closedautomaticallyontheexpirationofthelastdayof15(fifteen)calendardaysperiod.Iftheexpirationdatefallsonanon-tradingday/hoursthepositionswillbeclosedatthefirstupcomingopeningofthemarketsintheCAPITAL.COMOnlineTradingPlatform.

7.3.RegistrationApproval

Upon the approval of your registration, you will be notified by e-mail to theaddressyouhaveprovidedduringtheregistrationoftheAccount.

7.4.AdditionalRequirements

The Company may, in its sole discretion, at any time during the businessrelationship with the Company, and on reasonable grounds, request that, inadditiontoonlineacceptanceoftheseTerms,theClientmustcompleteandsubmitanysigneddocumentsasrequiredbytheCompany,includingbutnotlimitedtotheseTermsandtheRiskDisclosureStatement.

PART8.TRADINGPOLICIESANDPROCEDURES/ORDERS

8.1.PlacingOrders

YoumaygiveusinstructionsinelectronicformthroughtheWebsiteorthemobileapp.IntheseTerms“instructions”and“orders”havethesamemeaning.

8.2.TypesofOrdersAccepted

8.2.1.Anorderisanoffertoopenorcloseatransactionifourpricemovesto,orbeyond, a level specified by you. Our approach is to place orders solely as aprincipalandnotasanagentonyourbehalf;wearethesolecounterpartytoyourtradesand the soleexecutionvenue foryourorders.TheCAPITAL.COMOnlineTradingPlatformsupportsthefollowingtypesoforders:

a.AMarketOrderisaninstructiontobuyorsellaCFDimmediatelyinaspecifiedsizeatthebestavailablemarketpriceforthatsize.WhenyouplaceaMarketOrderwithusyouacknowledgethatsuchMarketOrderallowsustoexecuteyourorderatapricethatisdifferentthanourquotedbid/offerpriceatthetimeyouplaceit.Thisordertypedoesnotallowanycontroloverthepriceitwillbefilledat.MarketOrderscanbeplacedonlyduringthetradinghoursoftheunderlyingasset.WherethereisinsufficientliquidityavailableforthespecifiedsizeyourMarketOrderwillbepartiallyfilledwhiletheremainingquantitywillbecancelledbythesystem.AMarketOrdercanhavetakenProfit/StopLossOrdersattached.

b.ALimitOrderisaninstructiontobuyaCFDatnomorethanaspecificprice,ortosellitatnolessthanaspecificprice(called‘orbetter’foreitherdirection).ThisgivesyouacontroloverthepriceatwhichtheLimitOrderisexecuted,howeverthisLimitOrdermayneverbeexecuted(orfilled).ALimitOrdercanbeusedtoeitheropenorcloseaposition.WhenthereisinsufficientliquidityavailableforthespecifiedpriceyourLimitOrderwillbepartiallyfilledwiththeremainingquantityactivelypendinguntilitisfullyfilledorcancelled.OnceaLimitOrderistriggered

itwillbeexecutedatalevelthatisthesameorbetterthanthelevelspecifiedbyyou.LimitOrderscanhavetakenProfitandStopLossordersattached.

c.AWorkingorderisageneraltermforopeningeitheraStoporLimitOrder.

d.AStopMarketOrderisaninstructiontoexecuteatradewhenapricelevel(theStopMarketLevel)isreachedthatisequaltoorworsethanthecurrentbestprice(aStopMarketOrder).WhentheStopMarket level isreached,theStopMarketOrderwilltriggerandaMarketOrderwillbesenttoexecutethetradeatthebestpriceavailableatthetimetheOrderisplacedforthequantityyouwishtobuyorsell.YourexecutionpricemaybebetterorworsethantheStopMarketLevelyousetdependingontheliquidityavailableandthesizeofyourOrder.StopMarketOrderscanonlybeplacedduringtheTradingHoursofanInstrument.StopMarketOrderscanbecancelledatanytime,evenwhenthemarketisclosed.InordertoamendaStopMarketOrder,youwouldneedtocanceltheexistingoneandplaceanewStopMarketOrderprovidedthemarketconditionsallowthat.StopMarketOrderscanbeusedtoopenorcloseatradeandcanbeGoodForDay(GFD)orGood Til Cancelled (GTC). This means that for “GFD” Stop Market Orders anyportionoftheStopMarketOrderwhichhasnotbeenexecutedduringthetradingday inwhichtheOrderwasplacedisautomaticallycancelledattheendofthattradingday. Itmaybe the case that yourStopMarketOrder couldbepartiallyexecutedifthereisinsufficientliquiditytocoverallofyourOrderatthetimeyourStop Market Order is triggered. A “GTC” Stop Market Order would remain aworkingorderuntilyouchoosetocancelit,ifitiscancelledbecauseyouareonamargincall,oryourOrderisfilledandbecomesaposition.TakeProfitandStopLossOrdersattachedtoStopMarketOrderswillbesetataspecifiedlevelawayfrom theworst execution price received (e.g. 50 points away from the highestOfferpriceforaLongMarketOrder).YourTakeProfitandStopLossOrderswillnotbesetatalevelrelativetothevolumeweightedaverageopeningpriceofyourOrder.e.ATakeProfitisanorderthatcanbeattachedtoworkingorders,marketordersoropenpositions,tocloseapositionatapricethatisbetterthanthecurrentprice.Thisordertypeisprimarilyusedtolockinprofitsfromaposition.Ifthemarkethasmovedtotheoppositedirectionofaposition,itispossibletosetupaTakeProfitatapricethatisbetterthanthecurrentpricebutworsethantheopeningprice.Thus, it ispossibleto limit losseswithaTakeProfitorder.WhereaTakeProfitOrderisattachedtoaworkingorderitwillbeacontingentorderthatwouldbecomeactiveonceallorpartofyouropeningorderhasbeenexecutedgivingrisetoapositionbeingopenedonyourAccount.TheTakeProfitOrderswillbefilled

atthepredefinedprice.IfaTakeProfitOrderispartiallyexecutedbecausethereisinsufficientliquidityatthepriceyouspecified,theremainingpartofyourorderwillbeactiveuntilyourpricelevelisreachedagainandmoreliquidityisavailable.ATakeProfitOrderwillremainactiveuntilitisexecutedorremoved,ortheopenpositionisclosed.

f.AStopLossisanorder,thatcanbeattachedtoworkingorders,marketordersoropenpositions,tocloseapositionatapricethatisworsethanthecurrentprice.Thisordertypeisprimarilyusedtolimitthepotentiallossesyoucanincurfroman open position. If themarket hasmoved to the direction of a position, it ispossibletosetupaStopLossatapricethatisworsethanthecurrentbutbetterthantheopeningprice.Thus,itispossibletolockprofitswithaStopLossorder.IftheStopLosslevelisreached,theStopLossOrderisexecutedasaMarketOrderat thebestpriceavailable for thequantityyouwish tobuyorsell.AStopLossOrderwillremainactiveuntilitisexecuted,orremoved,ortheopenpositionisclosed. If a Stop Loss Order is partially executed because there is insufficientliquidity,theremainingpartofyourorderwillbeactiveuntilyourpricelevelisreachedagainandmoreliquidityisavailable.

WedonotguaranteethataStopLossOrderwillbefilledatthepricespecified.

g. A Guaranteed Stop Loss Order is an order that can be attached to workingorders, market orders or open positions, to close a position at an exact pricedeterminedbyyouthatisworsethanthecurrentprice.Thisordertypeisusedtolimitthelossesyoucanincurfromanopenposition.Ifthemarkethasmovedtothedirectionofaposition,itispossibletosetupaGuaranteedStopLossatapricethatisworsethanthecurrentbutbetterthantheopeningprice.Thus,itispossibletolockprofitswithGuaranteedStopLossorder.WhenacceptingyourGuaranteedStopLossOrderweguaranteethatwhenourbidorofferquotegoesbeyondthepricespecifiedbyyou,wewillcloseyourpositionatexactlythepricespecified.AnopenpositioncanbeclosedatyourinitiativebeforereachingtheGuaranteedStopLossOrderlevel.Asweguaranteeyourcloseoutprice,thereisafeechargedwhentheGuaranteedStopLossOrderistriggeredandexecuted(seecl.5.12GuaranteedStopLossOrderFee(GSLFee).

8.2.2.LimitOrdersandStopLossOrdersforequityCFDsareexecutedbasedontheprecedingex-dividendpricesandifnotfullyexecutedbeforetheoccurrenceoftheforthcomingCorporateEvent,entitlingtheClienttoadividendfortheequityCFDposition(s)he/shecurrentlyholds,theClient’srelevantCFDposition(s)willbe closedby theCompanyprior to thatCorporateEventat the thenprevailing

market price. Similarly, the Company will ask the Client to close any affectedpending Limit Orders and Stop Loss Orders before the forthcoming CorporateEventorwilldosoonitsown.

8.2.3.LimitOrdersandStopLossOrdersappliedtoequityCFDsbasedoncum-dividend priceswill be valid for the ex-dividend price (and vice versa) unlessspecificallycancelledbytheclient.

8.2.4. We may introduce new types of orders from time to time by posting arelevantalertandupdatingthecurrentinformationonourplatform.

8.3.TermsofAcceptanceforOrders

8.3.1.Itisyoursoleresponsibilitytoclearlyindicatethetermsofanorderwhenentered,whetheritisaMarketOrder,LimitOrder,TakeProfit,StopLossoranyothertypeoforder,includingtherelevantpriceandlotsize.

8.3.2.Youacknowledgeandagreethat,despiteourbestefforts,thepriceatwhichexecutionoccursmaybemateriallydifferenttothepricespecifiedinyourorder.Thismayresultfromsuddenpricemovementsintheunderlyingassetsthatarebeyondourcontrol.

8.3.3.TheCompanyshallhavenoliabilityforfailuretoexecuteorders.

8.3.4.TheCompanyshallhavetheright,butnottheobligation,torejectanyorderinwholeorinpartpriortoexecution,ortocancelanyorder,whereyourAccountcontainsmargin that is insufficient to support the entire order orwhere suchorderisillegalorotherwiseimproper.

8.4.ExecutionPolicy

8.4.1.IftherearenospecificinstructionsfromtheClientonhowtoexecutetheorder,wewillconsiderseveralexecution factors toensurethatwemanagetheorderontermsmostfavourabletoourClient.Theseexecutionfactorsinclude:

a.price;

b.speed;

c.likelihoodofexecutionandsettlement;

d.costs;

e.sizeandnatureoftheorder;

f.anyotherconsiderationsrelevanttotheexecutionoftheorder.

8.4.2.ItisemphasizedthatthespecificinstructionsasmentionedabovepreventtheCompanyfromtakingthestepsthatithasdesignedandimplementedinordertoensurethebestpossibleresultfortheexecutionofthoseOrdersinrespecttotheelementscoveredbythoseinstructions.

Wedonotconsidertheabove listexhaustiveandtheorder inwhichtheabovefactorsarepresentedshallnotbetakenasanindicationoftheirpriority.

8.4.3.ThebestpossibleresultforourClientswillbedeterminedintermsofthetotalconsideration,representedprimarilybythepriceofthefinancialinstrumentandthecostsrelatedtotheexecution.ThecostsrelatedtotheexecutionsincludetheexpensesincurredbytheClientwhicharedirectlyrelatedtotheexecutionofhis/herorder.

8.4.4.Theotherexecutionfactorsofspeed,likelihoodofexecution,size,natureoranyotherrelevantconsiderationwill,inmostcases,besecondarytothepriceandcosts considerations, unless theywoulddeliver thebest possible result for theClientintermsoftotalconsideration.

8.5.Cancellation/WithdrawalofInstructions

8.5.1.Non-marketordersmaybecancelledviatheCAPITAL.COMOnlineTradingPlatform butwe can only cancel your instructions if you explicitly request so,provided that we have not acted up to the time of your request upon thoseinstructions.

8.5.2.Executedinstructionsmayonlybewithdrawnoramendedbyyouwithourconsent.

8.5.3.TheCompanyshallhavenoliabilityforanyclaims,losses,damages,costsorexpenses, including legal fees, arisingdirectlyor indirectlyoutof the failureofsuchordertobecancelled.

8.6.RightnottoAcceptOrders

Wemay,butshallnotbeobligedto,acceptinstructionstoenterintoaTransaction.IfwedeclinetoenterintoaproposedTransaction,weshallnotbeobligedtogiveareason,butweshallpromptlynotifyyouaccordingly.

8.7.ControlofOrdersPriortoExecution

8.7.1.Wehavetheright(butnottheobligation)tosetlimitsand/orparameterstocontrolyourabilitytoplaceordersatourabsolutediscretion.Suchlimitsand/orparametersmaybeamended,increased,decreased,removedoraddedbyusatourabsolutediscretionandmayinclude(withoutlimitation):

a.controlsovermaximumorminimumorderamountsandmaximumorminimumordersizes;

b.controlsoverourtotalexposuretoyou;

c. controls over prices atwhich ordersmay be submitted (to include, withoutlimitation,controlsoverorderswhichareatapricewhichdiffersgreatlyfromthemarketpriceatthetimetheorderissubmittedtotheorderbook);

d. controls over the Electronic Services (to include, without limitation, anyverificationprocedures toensure thatanyparticularorderorordershascomefromyou);and/or

e. any other limits, parameters or controls which we may be required toimplementinaccordancewithApplicableRegulations.

8.8.TradeAdjustments

8.8.1.ClientsmustbeawarethatCFDtransactionscarryahighdegreeofrisk.Theamountofinitialmarginmayberelativelysmallwithregardtothevalueoftheinstrument so that transactions are ‘leveraged’ or ‘geared’. A relatively small

marketmovementmayhaveaproportionatelylargerimpactonthefundsthattheClienthasdepositedorwillhavetodeposit.ThismayworkagainstaswellasfortheClient.

8.8.2.TheCompanyexclusivelyreservestherighttowidenitsvariablespreads,adjust leverageand/or increase themarginrequirementswithoutnoticeundercertainmarketconditionsincluding,butnotlimitedto,whentheCAPITAL.COMTradingdeskisclosed,aroundfundamentalannouncements,asaresultofchangesincreditmarketsand/orattimesofextrememarketvolatility.

8.9.ExecutionofOrders

Weshallreasonablyendeavourtoexecuteanyorderpromptly,butinacceptingyourorderswedonotrepresentorwarrantthatitwillbepossibletoexecutesuchorder or that execution will be possible according to your instructions. If weencounteranymaterialdifficulty,relevanttothepropercarryingoutofanorderonyourbehalf,weshallnotifyyoupromptly.

Despitetheabove,wehavedesignedappropriatepoliciesandproceduresinorderto ensure compliance with the obligation to execute orders on terms mostfavourabletoourclientsandtoachievethebestpossibleresultforthem,takinginto consideration each client’s ability, needs and trading policies, producing aresultwhichprovides,inourview,thebestbalanceacrossarangeofsometimesconflicting factors. For more information please refer to theOrder ExecutionPolicy.InrespectofRetailClients,thebestpossibleresultisdeterminedintermsofthetotalconsideration.TheCompanyshallapplybestexecutionrulesincaseswhereyouhavenotprovidedtheCompanywithspecificinstructions.

WetakealltheappropriatemeasuresintomanageanypossibleconflictofInterestthatmayariseinaccordancewiththeprovisionsofourConflictofInterestPolicy.

In accordance with MiFID II requirements, the Company has the obligationregarding the annual publication of information on the identity of executionvenuesandonthequalityofexecutionaspertherequirementsoftheCommissionDelegatedRegulation(EU)2017/576(hereafterthe“RTS28”).

8.10.ReportingTransactionsandAccountStatements

8.10.1.TradeConfirmations

ConfirmationsforallTransactionsthatwehaveexecutedonyourbehalfonthattradingdaywillbeavailableonthemobileappandareupdatedonlineaseachTransactionisexecuted.

ConfirmationofexecutionandstatementsofyourAccount(s), intheabsenceofmanifesterror,shallbedeemedcorrect,conclusiveandbindinguponyou,ifnotobjected to within three days by e-mail, if orders were placed through theCompany’sOnlineTradingPlatform.

IncaseswheretheprevailingmarketrepresentspricesdifferentfromthepricespostedonlinebytheCompanyontheWebsiteandthemobileapp,theCompanywillattempt,onabesteffortsbasisandingoodfaith,toexecuteMarketOrdersonor close to the prevailingmarket prices. Thismay ormay not adversely affectClient’srealizedandunrealizedgainsandlosses.

8.10.4. The Client might request to receive the Account statementmonthly orquarterlyviaemail,byprovidingsucharequesttotheClientSupportDepartment(support@capital.com).

8.10.2.EMIRReporting

InaccordancewiththeEuropeanMarketInfrastructureRegulation(EMIR),youareclassifiedasa“NFC”(aNon-FinancialCounterpartytowhomtheEMIRclearingobligation does not apply) - https://www.esma.europa.eu/regulation/post-trading/non-financialcounterparties-nfcs.

Under EMIR requirement, we are required to report transactions to a TradeRepositoryandsubsequentlytoESMA.Inthisrespect,youirrevocablyauthoriseustoreportallofyourreportabletransactionstotheaforementionedparties.Youshould also provide us with any additional information and/or supportingdocumentationmayberequestedfromtimetotime,requiredunderEMIRoranyother applicable Laws and Regulations, in order to complywith our reportingobligation.Incaseofrefusalorfailuretoprovideuswiththerequiredinformationand/or supportingdocumentation,wehave the absolute right to refuse you totrade with us and to suspend your Account or terminate this Agreement inaccordancewiththeprovisionsinclause17.

8.10.3.TransactionReporting

In accordance with the Markets in Financial Instruments Regulation (MiFIR),Regulation(EU)No600/2014oftheEuropeanParliamentandoftheCouncilof15May2014onmarketsinfinancialinstrumentsandamendingRegulation(EU)No648/2012,weareobligedtoreporttransactionsonfinancialinstrumentsthatareadmittedfortradingonaTradingVenueorforwhicharequestforadmissiontotradinghasbeenmade,financialinstrumentswheretheunderlyingisanindexorabasketcomposedoffinancialinstrumentsToTV.

In this respect, we are irrevocably authorised to report all of your reportabletransactionstoCySEC.ForthepurposesoffacilitatingTransactionReporting,youshouldprovideus,amongothers,withthefollowingsupportingdocumentation,inanacceptablebyusformat:

• Natural Person:Depending on the country of your residence you shouldprovideuswithsuchsupportingdocumentationasrequiredbytheAnnexIIoftheDelegatedRegulation(EU)2017/590regardingnationalClientidentifiersfornaturalpersonstobeusedintransactionsreports,includingbutnotlimitedto the passport number, or identity number, or concatenation (CONCAT)number.

• Legalpersons:YoushouldprovideuswiththeLegalEntityIdentifier(“LEI”),the20-digit,alphanumericcodethatenablesclearanduniqueidentificationoflegalentitiesparticipatinginfinancialtransactions.Itisemphasizedthatwewillnotbeinapositiontoprovideaservicetriggeringtheobligationforustosubmitatransactionreportforatransactionenteredintoonyourbehalf,priortoobtainingtheLEIfromyourside.FailuretorenewyourLEIonanannualbasiswillresulttotheterminationofthisAgreementinaccordancewiththeprovisionsofclause17.

You shouldalsoprovideuswithanyadditional informationand/or supportingdocumentationmayberequestedfromtimetotime,requiredunderMiFIRoranyother applicable Laws and Regulations, in order to complywith our reportingobligation.

Incaseofrefusalorfailuretoprovideuswiththerequiredinformationand/orsupportingdocumentation,wehavetheabsoluterighttorefuseyoutotradewithusandtosuspendyourAccountorterminatethisAgreementinaccordancewiththeprovisionsofclause9.12oftheseTerms.

8.11.ImproperorAbusiveTrading

8.11.1.TheCompany’sobjectiveistoprovidethemostefficienttradingliquidityavailable in the form of streaming, tradable prices for most of the financialinstrumentsweofferontheCAPITAL.COMOnlineTradingPlatform.Asaresultofthehighlyautomatednatureofthedeliveryofthesestreaming,tradableprices,youacknowledgeandacceptthatpricemisquotationsarelikelytooccurfromtimetotime.

8.11.2. Should you execute transactions fallingwithin the definition ofMarketAbuse or execute trading strategies with the objective of exploiting suchmisquotation(s) or act in bad faith, the Company shall consider this asunacceptablebehaviour.

8.11.3.ShouldtheCompanydetermine,atitssolediscretionandingoodfaith,thatyouaretakingadvantage,benefitting,attemptingtotakeadvantageortobenefitofsuchmisquotation(s)orthatyouarecommittinganyotherimproperorabusivetradingactsuchasforexample:

a.fraud/illegalactionsthatledtothetransaction;

b. orders placed based on manipulated prices as a result of system errors orsystemmalfunctions;

c.arbitragetradingonpricesofferedbyourplatformsasaresultofsystemserrors;

d. coordinated transactions by related parties in order to take advantage ofsystemserrorsanddelaysonsystemsupdates;and/or

e. ordersplacedwith theuse of inside information (i.e. abusive exploitationofprivilegedconfidentialinformation,themisuseofinformationordirectorstradingsharesoftheirowncompanies);

thentheCompanywillhavetherightto:

i.adjustthepricespreadsavailabletoyou;and/or

ii.restrictyouraccesstostreaming,instantlytradablequotes,includingprovidingmanualquotationonly;and/or

iii. obtain from yourAccount any historic trading profits that you have gainedthroughsuchabuseofliquidityasdeterminedbyusatanytimeduringourtradingrelationship;and/or

iv.rejectanorderortocancelatrade;and/or

v.immediatelyterminateourtradingrelationship.

8.12.ProhibitedTrading

8.12.1.No employee and/or former employeewho currentlyworks or used toworkonafulltimeorparttimebasisfortheCompanyoranyofitsrelatedentitiesshall,duringthetermoftheemployee’sand/orformeremployee’sservicetotheCompanyoranyofitsrelatedentitiesandafterterminationofservicebecomeaClientofanybrandof theCompany(eitherdirectlyor indirectly,aloneorwithpartners, associates, affiliates or anyother thirdparty)without theCompany’spriorwrittenapproval.

8.12.2.ShouldtheCompanyconsiderthattheemployeeand/orformeremployeeistradingwithanybrandoftheCompanywithouttheCompany’spriorwrittenapprovalpersonallyand/orviaathirdpartyweshallconsiderallthetradingtobeabusive and/or improper trading. In such circumstances, the employee and/orformeremployee’sAccount(s)andallopenpositionsshallbeclosedimmediatelyandanyfundsheldwithintheAccountshallbereturned.

8.12.3.NobusinessassociateorformerbusinessassociateoftheCompanyoranyof its related entities shall, during the period of the agreement between theassociate/formerbusiness associate and theCompanyandafter terminationofsuchagreement,becomeaClientofanybrandoftheCompany(eitherdirectlyorindirectly,aloneorwithpartners,associates,affiliatesoranyotherthirdparty)withouttheCompany’spriorwrittenapproval.

8.12.4.ShouldtheCompanyconsiderthattheassociate/formerbusinessassociateistradingwithanybrandoftheCompanywithouttheCompany’spriorwrittenapprovalpersonallyand/orviaathirdpartyweshallconsiderallthetradingtobeabusive and/or improper trading. In such circumstances, the relevant

associate/formerbusinessassociate’sAccount(s)andallopenpositionsshallbeclosedimmediatelyandanyfundsheldwithintheAccountshallbeconfiscated.

8.13.DisablingandCancellingDeposits

8.13.1.Wehavetherightnottoacceptfundsdepositedbyyouand/ortocancelyourdepositsinthefollowingcircumstances:

a. if you fail toprovide theCompanywithanydocuments it requests fromyoueitherforClientidentificationpurposesorforanyotherreason;

b.iftheCompanysuspectsorhasconcernsthatthesubmitteddocumentsmaybefalseorfake;

c.iftheCompanysuspectsyouareinvolvedinillegalorfraudulentactivity;

d.iftheCompanyisinformedthatyourcreditordebitcard(oranyotherpaymentmethodused)hasbeenlostorstolen;

e.wheretheCompanyconsidersthatthereisachargebackrisk;and/or

f.whenyoudeposittenthousand(10000)USDormore(oranequivalentofthesameinoneofourBaseCurrencies)orifyoumakeoverten(10)separatedepositstoyourAccountsandtheCompanyisunabletoverifyyourcreditordebitcarddetailsorisunabletoverifyanyotherpaymentmethodused.

8.13.2.Incaseofcancelleddeposits,andifitisnotaconfiscationofyourfundsbyasupervisoryauthorityonthegroundsofmoneylaunderingsuspicionorforanyotherlegalinfringement,yourfundswillbereturnedonlytothebankaccountthattheyhavebeeninitiallyreceivedfrom.

8.14.PerformanceandSettlementofTransactions

Youwillpromptlydeliveranyinstructions,moneyordocumentsdeliverablebyyouunderaTransactioninaccordancewiththatTransactionasmodifiedbyanyinstructionsgivenbyus.

TheCompanyshallproceedtoasettlementofalltransactionsuponexecutionofsuchtransactions.

Followingexecutionoftheorder,wewillsendyouanelectronicconfirmationinrespectof thatTransactionassoonasreasonablypracticable,and inanyeventwithinthetimerequiredbytherelevantlawsandregulations.

8.15.Consent

YouconsenttoreceiveallAccountinformation,TradeConfirmationsandAccountStatementsthroughadurablemedium.

Ifyounolongerwishtoreceivesuchinformationthroughelectronicmeans,youmustnotifyusandrevokethisconsent inwriting.However, ifyourevokeyourconsent,youraccesstoourTradingPlatformmayberestrictedorterminatedatoursolediscretion.

8.16.PositionLimitsandPositionClose-outs

WemayrequireyoutolimitthenumberofopenpositionswhichyoumayhavewithusatanytimeandwemayinoursolediscretioncloseoutanyoneormoreTransactionsinordertoensurethatsuchpositionlimitsaremaintained.

Wemayrequireyoutocloseanyofyourpositionswhichyoumayhavewithusand which may be or have been affected by Corporate actions or productterminationduetolow/noliquidity,nopriceproviderorotherrelevantreasons,orwemayinoursolediscretioncloseoutanyofsuchpositionsatlastavailableprices.

8.17.Withdrawals

Without prejudice and subject to these Terms and all Applicable Laws andRegulations funds may be withdrawn by you from your Account once yourwithdrawalrequestisprocessedandapproved,providedthatsuchfundsarenotbeingutilizedformarginpurposesorhaveotherwisebecomeowingtous,thereisa remaining positive balance on your Account and the Account is approvedfollowing the verification of the Client as per the applicable Anti-MoneyLaunderingLawsandRegulationsgoverningtheCompany.

Wewillprocessyourrequesttowithdrawfundsonthesamedaythattherequestwasreceived,orthenextworkingdayifyourrequestisreceivedoutsideofournormalbusinesshours.

Yourwithdrawalrequestwillbeprocessedbyusandsenttothesamebank,creditcardorothersourceforexecutionownedbyyou.NoAccountwithdrawalstothirdpartieswillbeprocessedbytheCompany.

Ifyourequestawithdrawalof fundsfromyourAccountandwecannotcomplywithitwithoutclosingsomepartofyouropenpositions,wewillnotcomplywiththerequestuntilsufficientpositionsareclosed,andwehaveestablishedthatyouhaveapositivebalanceonyourAccounttomakethewithdrawal.

8.18.InactiveAccountandDormantAccounts

8.18.1.TheClientacknowledgesandconfirmsthatanyAccount(s)holdingfunds,heldbyhim/herwiththeCompanywheretheClienthasneitheropenednorclosedpositionsanddoesn’thaveanactiveopenpositionforaperiodof1(one)yearandmore, shall be classified by the Company as an Inactive Account (“InactiveAccount”).

8.18.2. Any Account that is not an Inactive Account shall be classified by theCompanyasanactiveAccount("ActiveAccount").

8.19.NegativeBalanceProtection

CFDsareleveragedproductsandthereforeincurahighlevelofriskandmayresultin the lossof all theClient’s InvestedCapital. For thebenefit of theCompany’sClients, the Company has implemented a “no negative balance” protectionprogram,onanaccountbasis,wherebytheClientcannotlosemorethanhis/herinvestment.Nonetheless, theClient isexpectedtoactivelymonitorandmanageopenpositions in theaccountand to contact theCompanyaboutoptions if theaccountisclosetoaMarginCall.

ItispossibleforadversemarketmovementstoresultinthelossofmorethanyourAccountbalance,sothatitbecomesnegative.Inthiscase,wewillbearthenegativeconsequencesofsuchadverseeventsandanyofyourlosseswillbelimitedtoyourAccountbalance.

8.20.CorporateEvents

8.20.1. The Client has no rights or obligations in respect of the underlyinginstrumentsorassetsrelatingtohis/herCFD.Specifically,incaseofanequityCFDyouwillnotreceiveanyvotingrights.However,theunderlyinginstrumentcanbeaffectedbyvariousCorporateEvents.A“CorporateEvent”isanyactionorevent,whethertemporaryorotherwise,inrelationtoanunderlyingasset(s)oftheCFD,orinrelationtotheissuerofanunderlyingasset(s)oftheCFD,whichwouldhavean effect on the value, legal characteristics or ability to trade the underlyingasset(s)ortheCFDbasedonorreferencingsuchunderlyingasset(s),including:distributions or the grant of entitlements to existing holders of rights in theunderlying asset(s), dividend payments, the granting of rights to purchase,subscribe or receive any underlying asset(s) (whether for free, on preferentialpaymenttermsorotherwise)orcash,placings,rightsissues,bonus/scripissues,capitalizationissuesandsimilarissues,mergersortakeoversrelatingtotheissueroftheunderlyingasset(s),sub-divisions,splits,reductions(includingsharebuy-backs), consolidations, reclassifications, restructurings, cancellation orsuspension of listing of the underlying asset(s) or the issuer of the underlyingasset(s),andanyactionoreventanalogoustoanyoftheforegoingorotherwisethatmayhaveadilutingor concentrative effect on thevalueof theunderlyingasset(s)oftheCFD.

8.20.2.IncaseaCorporateEventwilloccurwhiletheClientisholdinganopenCFDpositionorhasapendingorderaffectedbysuchevent,wewillendeavortonotifytheClientofsuchCorporateEvent,accomplishedoryettooccur,assoonasitisreasonably practicable, and ask him/her to close the relevant position(s) andcancel the affectedpending orders before that CorporateEvent occurs, butwereservetherighttoclosetherelevantposition(s)atthelastavailablepriceandcancel the affected pending orders without prior notification, at our solediscretion.ClosingofClient'sCFDposition(s)affectedbyaCorporateEventwillnottakeplaceincaseofdividendpaymentsrelatedtounderlyingequities.Inthiscaseadjustmentswillbemade to theClient’sAccount, suchadjustmentwillbecalculatedbytheCompanybasedonthesizeofthedividend,thesizeofClient’sposition,taxationandwhetheritisabuyoraselltrade.Formoredetailspleaseseeparagraph5.14.

8.21.ExpiringCFDs

CertainCFDsshallhaveanexpirydate.OntheexpirydateanopenpositionontheexpiringCFDwillbeclosedautomaticallyatthethenprevailingmarketprice,anyaffectedorder(s)willbecancelled.NothingprecludestheClientfromclosingtherelevantpositionandcancellingtheaffectedpendingorderspriortotheexpirydate.TheexpirydatefortherelevantCFDshallbepublishedontherelevantsectionoftheCompany’swebsiteandonthemobileapp.Shouldtheexpirydatechange,theClientwillbenotifiedaccordingly.

PART9.ELECTRONICTRADINGTERMS

9.1.AccessandTradingHours

9.1.1. Once you have gone through the security procedures associatedwith anElectronicServiceprovidedbyus,youwillgetaccesstosuchElectronicService,unlessagreedotherwiseorstatedonourWebsiteormobileapp.

9.1.2. All references to the Company’s hours of trading on our website are inCoordinatedUniversalTime(UTC)areusinga24-hourformat.

9.1.3. Our Electronic Serviceswill normally be available 24/7with reasonablebreaks for technicalmaintenanceasspecificallymentioned foreachunderlyingassetonourWebsiteandinthemobileapp,everyweek,excludingpublicholidays,periodswherethemarketsfortheunderlyingassetsoftheCFDsdonotoperateand cases where the markets are closed due to illiquidity in the financialinstruments.

9.1.4.YoumayrequestaquotetoopenaTransactionortoclosealloranypartofaTransactionatanytimeduringournormalhoursoftradingfortheCFDinrespectofwhichyouwishtoopenorclosetheTransaction.

9.1.5. Outside those hours, wewill be under no obligation to, butmay, at ourabsolutediscretion,provideaquoteandacceptandactonyouroffertoopenorcloseaTransaction.

9.1.6. Please consult ourWebsite ormobile app formore details on operatingtimesforeachCFD.Wereservetherighttosuspendormodifytheoperatinghours

on our own discretion and in such event ourWebsite andmobile appwill beupdated without delay in order to inform you accordingly. In this respect theoperating hours, as indicated on the Website and the mobile app, are theapplicableones.

9.1.7.WemaychangeoursecurityproceduresatanytimeandwewillinformyouofanynewproceduresthatapplytoyouassoonaspossiblethroughourWebsiteormobileapp.

9.2.RestrictionsonElectronicServicesProvided

9.2.1.TheremayberestrictionsonthenumberofTransactionsthatyoucanenterintoonanyonedayandalsointermsofthetotalvalueofthoseTransactionswhenusinganElectronicService.PleaserefertoourWebsiteandmobileappfordetailsof the limits imposed upon Transactions carried out through our ElectronicServices.

9.3.AccessRequirements

You will be responsible for having hardware equipment forming part of theSystemtoenableyoutouseanElectronicService.

9.4.VirusDetection

You will be responsible for the installation and proper use of any virusdetection/scanningprogramthatshallreasonablykeepyoursystemsvirus-free.

9.5.UseofInformation,DataandSoftware

Intheeventthatyoureceiveanydata,informationorsoftwareviaanElectronicServiceotherthanthatwhichyouareentitledtoreceivepursuanttotheseTerms,youwillimmediatelynotifyusandwillnotuse,inanywaywhatsoever,suchdata,informationorsoftware.

9.6.MaintainingStandards

WhenusinganElectronicService,youmust:

a.ensurethattheSystemismaintainedingoodorderandissuitableforusewithsuchElectronicService;

b. run such tests and provide such information to us as we shall reasonablyconsidernecessarytoestablishthattheSystemsatisfiestherequirementsnotifiedbyustoyoufromtimetotime;

c.carryoutviruschecksonaregularbasis;

d.informusimmediatelyofanyunauthorisedaccesstoanElectronicServiceoranyunauthorisedTransactionorinstructionwhichyouknowoforsuspectofand,ifwithinyourcontrol,causesuchunauthorisedusetocease;and

e.notatanytimeleavetheterminalfromwhichyouhaveaccessedsuchElectronicService or let anyone else use the terminal until you have logged off suchElectronicService.

9.7.SystemDefects

Intheeventyoubecomeawareofamaterialdefect,malfunctionorvirusintheSystemoron theCAPITAL.COMOnlineTradingPlatform, youwill immediatelynotifyusofsuchdefect,malfunctionorvirusandceasealluseofsuchElectronicServiceuntilyouhavereceivedpermissionfromustoresumeuse.

9.8.IntellectualProperty

9.8.1.Allrights inpatents,copyrights,designrights, trademarksandanyotherintellectualpropertyrights(whetherregisteredorunregistered)relatingtotheElectronicServicesremainvestedinusorourlicensors.

9.8.2.Youwillnotcopy,interferewith,tamperwith,alter,amendormodifythesoftware comprising theSystemof theElectronicServicesor anypartorpartsthereof unless expressly permitted by us in writing, reverse compile ordisassemble thesoftwarecomprising theSystemof theElectronicServices,norpurporttodoanyofthesameorpermitanyofthesametobedone,exceptinsofarassuchactsareexpresslypermittedbylaw.

9.8.3.AnycopiesofthesoftwarecomprisingtheSystemoftheElectronicServicesmadeinaccordancewithlawaresubjecttotheseTerms.Youshallensurethatall

thelicensorstrademark,copyrightandrestrictedrightsnoticesarereproducedonthesecopies.Youshallmaintainanup-to-datewrittenrecordof thenumberofcopiesofthesoftwarecomprisingtheSystemoftheElectronicServicesmadebyyou. Ifwesorequest,youshallassoonasreasonablypractical,providetousastatementofthenumberandwhereaboutsofcopiesofthesoftwarecomprisingtheSystemoftheElectronicServices.

9.9.Liability

Without prejudice to any other of provisions of these Terms, relating to thelimitationofliability,thefollowingclausesshallapplytoourElectronicServices.

9.9.1.SystemErrors

9.9.1.1.Weshallhaveno liability toyou fordamagewhichyoumaysufferasaresultoftransmissionerrors,technicalfaults,malfunctions,illegalinterventioninnetwork equipment, network overloads, malicious blocking of access by thirdparties, internetmalfunctions, interruptionsorotherdeficienciesonthepartofinternetserviceproviders.

9.9.1.2. You acknowledge that access to Electronic Services may be limited orunavailableduetosuchsystemerrors,andthatwereservetherightuponnoticetosuspendaccesstoElectronicServicesforthisreason.

9.9.2.Delays

9.9.2.1.Neitherwenoranythird-partysoftwareprovideracceptsanyliabilityinrespectofanydelays, inaccuracies,errorsoromissions inanydataprovidedtoyouinconnectionwithanElectronicService.

9.9.9.2.Wedonot accept any liability in respect of anydelays, inaccuracies orerrorsinpricesquotedtoyouifthesedelays,inaccuraciesorerrorsarecausedbythirdpartyserviceproviderswithwhichwemaycollaborate.

9.9.2.3.Weshallnotbeobligedtoexecuteanyinstructionwhichhasbeenidentifiedthatisbasedonerrorscausedbydelaysofthesystemtoupdatepricesprovidedbythesystempricefeederorthethird-partyserviceproviders.

9.9.2.4.Wedonotacceptanyliabilitytowardsexecutedtradesthathavebeenbasedandhavebeentheresultofdelaysasdescribedabove.

9.9.3.VirusesfromElectronicServices

We shall have no liability to you (whether in contract or in tort, includingnegligence)intheeventthatanyviruses,worms,softwarebombsorsimilaritemsareintroducedintotheSystemviaanElectronicServiceoranysoftwareprovidedbyustoyouinordertoenableyoutousetheElectronicService,providedthatwehavetakenreasonablestepstopreventanysuchintroduction.

9.9.4.VirusesfromyourSystem

Youwillensurethatnocomputerviruses,worms,softwarebombsorsimilaritemsare introduced intoourcomputer systemornetworkandwill indemnifyusondemandforanylossthatwesufferarisingasaresultofanysuchintroduction.

9.9.5.UnauthorisedUse

Weshallnotbeliableforanyloss, liabilityorcostwhatsoeverarisingfromanyunauthorised use of the Electronic Service. You shall on demand indemnify,protectandholdusharmlessfromandagainstalllosses,liabilities,judgements,suits,actions,proceedings,claims,damagesandcostsresultingfromorarisingoutofanyactoromissionbyanypersonusinganElectronicServicebyusingyourdesignatedpasswords,whetherornotyouauthorisedsuchuse.

9.10.MarketsWeshallnotbeliableforanyacttakenbyorontheinstructionofanexchangeorregulatorybody.

9.11.SuspensionorPermanentWithdrawalwithNotice

WemaysuspendorpermanentlywithdrawanElectronicService,bygivingyou24hourswrittennotice.

9.12.ImmediateSuspensionorPermanentWithdrawalWithoutNotice

9.12.1.Wehavetheright,unilaterallyandwithimmediateeffect, tosuspendorwithdraw permanently your ability to use any Electronic Service, or any partthereof,withoutnotice,whereweconsideritnecessaryoradvisabletodoso,forexampleduetoyournon-compliancewiththeApplicableRegulations,breachofanyprovisionsofthisAgreement,ontheoccurrenceofanEventofDefault,EventofForceMajeure,networkproblems,failureofpowersupply,formaintenance,ortoprotectyouwhentherehasbeenabreachofsecurity.

9.12.2. In addition, the use of an Electronic Service may be terminatedautomatically,upon:

a. the termination, renunciation, revocation, withdrawal or suspension of anylicensegrantedtouswhichrelatestotheElectronicService;and/or

b.theterminationoftheseTerms.

9.13EffectsofTermination

IntheeventofaterminationoftheuseofanElectronicServiceforanyreason,uponrequestbyus,youshall,atouroption,returntousordestroyallsoftwareand documentation we have provided you in connection with such ElectronicServiceandanycopiesthereof.

PART10.CLIENTMONEY

10.1.ClientMoney

Wetreatallfundsreceivedfromyouorheldbyusonyourbehalf(“ClientMoney”)inaccordancewiththerequirementsoftheClientMoneyRules.

The following steps have been taken by the Company in order to ensure theprotectionofClients’financialinstrumentsorfunds:

• Segregation:AspertheprovisionsofthisAgreementfundsbelongingtotheClient thatwill be used for trading purposeswill be kept in accountswith

creditinstitution(s)usedtoacceptonlyClient’sfundsandassuchwillbeheldsegregatedfromtheCompany’sownfunds.

• InvestorCompensationFund:TheCompanybeingamemberoftheInvestorsCompensationFund (hereinafter “theFund”)provides theClient, if isbeingcategorizedasretailClient,withthesecurityofreceivingacompensationfromtheFund,foranyclaimsarisingfromthemalfunctiononbehalfoftheCompanyor if the Company fails to fulfil its obligations regardless of whether thatobligationarisefromabreachofapplicablelaworregulations,theAgreementorfromanywrongdoingbytheCompany.FurtherdetailsinregardtotheFundand the conditions which apply are available under Section 20.8 of thisAgreement.

• Duediligencemeasures:TheCompanyhastheobligationtoexercisealldueskill,careanddiligenceinselection,appointmentandperiodicreviewofthecredit institution(s) where Clients’ funds are placed. The Company’s duediligencemeasureshavebeendesignedinsuchamannersoastoensurethatexpertise and market reputation of such institutions are taken intoconsideration.

• TheCompanymayholdClients’ funds in omnibus accountwith thirdpartyfinancialandcreditinstitutions.Hence,theClientiswarnedthatthereisalinkof loss emanating from the use of omnibus accounts in financial or creditinstitutions.Omnibusaccountsmayalsoholdother typesof risks includinglegal,haircutrisk,liquidationrisk,thirdpartyandothers.

• TheCompanymaytransferClientsfundstotheForexCompanyaccordingtotheClientsconsentandacceptanceofthetermsandconditions.ByacceptingthetermsandconditionstheclientacknowledgesandagreeswiththefactthattheCompany issubject tospecificregulationandsupervisionregarding thesafekeepingof financial instrumentsand fundsheld for clientsand that theForexCompanyissubjecttolocalspecificregulationandsupervision.

10.2.Interest

You,theClient,acknowledgeandconfirmthatnointerestwillbereceivedonthebalanceofyourAccount.

10.3.OverseasBanks

10.3.1.WewillendeavourtoholdClientMoneyonyourbehalfwithinCyprusandthe European Union. The fundswill be kept in bank accounts denominated asClientfundsandclearlysegregatedfromtheCompany’sownfunds.

10.3.2.ClientMoneydepositedmaybekeptinoneormoreomnibusaccountswithany authorised credit institutionused to accept fundswhich theCompanywillspecifyfromtimetotimeandwillbeheldintheCompany’sname.

10.3.3.Wewillnotbeliablefortheinsolvency,actsoromissionsofanythirdpartyreferredtointhisPart.

10.3.4.Inaccordancewithpart10.1ofthesetermsandconditionstheCompanymaytransferClientsfundstotheForexCompanyaccordingtotheClientsconsentandacceptanceofthetermsandconditions.ThistransferwillonlybeexecutedafterithasbeeninitiatedbytheClient.

10.4.DueCare,SkillandDiligence

10.4.1.WithregardstothedepositofClientsMoney,intheeventwedonotdepositClientMoneywithacentralbank,weexerciseallduecare,skillanddiligenceintheselection,appointmentandperiodicreviewofthecreditinstitutionsandbankswherethefundsareplacedandthearrangementfortheholdingofthosefunds.

10.4.2.Itshallbenotedthatwetakeintoaccounttheexpertiseandreputationofthethirdpartyaswellasthelegalrequirementsormarketpracticesrelatedtotheholding of those financial instruments that could adversely affect our Clients’rights.

10.5.PaymentServiceProviders

10.5.1. The Company may keep merchant accounts in its name with paymentservicesproviders(hereinafter“PSP”)usedtosettlepaymenttransactionsofitsClients. However, for the avoidance of doubt, it is noted that such merchantaccounts are not used for safekeeping of Client Money but only to effectsettlementsoftheirpaymenttransactions.

10.5.2.YourClientMoneyisbeingprocessedthroughaccountsmaintainedinthefollowing PSPs: “ECOMMPAY LIMITED”, an authorized payment institutionregulated by the UK Financial Conduct Authority; “SafeCharge Limited” an

electronic money institution authorized and regulated by the Central Bank ofCyprus; “WorldPay(UK) Limited”, “WorldPay Limited” and “WorldPay APLimited”,authorisedpaymentinstitutionsregulatedbytheUKFinancialConductAuthority.

10.5.3.ToenabledirecttransferoffundsfromyourbankaccounttheCompanyhasalso contracted with “SOFORT GmbH”, a Germany based payment solutionsprovider certified by TÜV Saarland regarding federal German data protectionlaws.

10.5.4.WhilstweremainresponsibleforthehandlingofClientMoney,incertaincircumstancescertainpaymentmethodsmaynotbeavailabletotheCompany.InsuchcircumstancesCAPITAL.COMmayoperationallyhandlecustomerpaymentsusingalternativemethods,alwaysinaccordancewiththerelevantsafeguardingandanti-moneylaunderingrequirementsprovidedbytheApplicableRegulations.

10.5.5.Wewillnotbeliablefortheinsolvency,actsoromissionsofanyPSPusedtoprocessyourpayment.

10.6.DiversificationofRisks

We shall ensure, where deemed necessary, the diversification of the Clients’financial instrumentsand funds, forexample themaintenanceofaccountswithseveralthirdparties.

10.7.OmnibusAccountRisk

10.7.1.TheCompanymayholdclientfundsinomnibusaccountswithinthirdpartyfinancialandcreditinstitutions.Inthisrespect,theClientiswarnedthatthereisarisk of loss emanating from the use of omnibus accounts in financial or creditinstitutions. In such case itmaynotbe possible to distinguish if the particularClientfundsareheldbyacertainfinancialorcreditinstitution.Omnibusaccountsmayalsoholdother typesof risks including legal, liquidation risk,haircut risk,thirdpartyriskandetc.

10.7.2.Intheeventofinsolvencyoranyotheranalogousproceedingsinrelationtoafinancialorcreditinstitutionwhereclientfundsareheld,theCompany(onbehalfoftheClient)and/ortheClientmayonlyhaveanunsecuredclaimagainstthefinancialorcreditinstitution,andtheClientwillbeexposedtotheriskthatthe

money received by the Company from the financial or credit institution, isinsufficienttosatisfytheclaimsoftheClientwithclaimsinrespectoftheAccount.The Company does not accept any liability or responsibility for any resultinglossessointheunlikelyeventofdefaulttheproportionatelossshallaffectallofthe Company's Clients’monies held in omnibus accountswith the financial orcredit institution. To mitigate this risk the client funds are being held in fewreputable financial or credit institutions and constant exposure monitoring istakingplace.

10.8.UnclaimedClientMoney

YouagreethatwemayceasetotreatyourmoneyasClientMoneyiftherehasbeennomovementonyourbalanceforsix(6)consecutiveyears.WeshallwritetoyouatyourlastknownaddressinformingyouofourintentionofnolongertreatingyourbalanceasClientMoneyandgivingyoutwenty-eight(28)BusinessDaystomakeaclaim.

10.9.LiabilityandIndemnity

10.9.1.Youagreethatweshallnotbeliableforanydefaultofanycounterparty,bank,orotherthirdpartyinwhichweholdclientfunds.

10.9.2. The Company will not be liable for loss suffered by you in connectiontoyourfundsheldbyus,unlesssuchlossdirectlyarisesfromourgrossnegligence,willfuldefaultorfraud.

PART11.MARGININGARRANGEMENTS

11.1.ContingentLiability

11.1.1.WhenweeffectaTransaction,youshouldnotethat,dependinguponthenatureoftheTransaction,youmaybeliabletomakefurtherpaymentswhentheTransactionfailstobecompletedorupontheearliersettlementorclosingoutofyourposition.

11.1.2.TheClientshallprovideandmaintainMargininaccordancewiththetermsof thisAgreement to secureClient’s obligations to theCompany.TheCompany

must maintain at all times the minimum margin requirements for the OpenPositionsinClient’sAccount.

11.1.3.YoumayberequiredtomakefurthervariablepaymentsbywayofmarginagainstthepurchasepriceoftheCFD,insteadofpaying(orreceiving)thewholepurchase(orsale)priceimmediately.

11.1.4.Themovement in themarketpriceof theCFDwill affect theamountofmarginpaymentyouwillberequiredtomake.

11.1.5.WewillconstantlymonitoryourmarginrequirementsandwewillinformyouassoonasitisreasonablypracticableoftheamountofanymarginpaymentrequiredunderthisPart.

11.2.MarginCall

Youagreetopayusondemandsuchsumsbywayofmarginasarerequiredfromtimetotimeaswemayinourdiscretionreasonablyrequire forthepurposeofprotectingourselvesagainstlossorriskoflossonpresent,futureorcontemplatedTransactionsundertheseTerms.

11.3.FailuretoMeetMarginCall

Intheeventthatyoufailtomeetamargincall,wemayimmediatelycloseoutanyoftherelevantpositionsonagradualbasis,aswellasanypendingordersthatmaynegativelyaffectyourmarginbalanceonceexecuted.FormoredetailspleaserefertotheLeverageandMarginPolicyonourwebsite,beinganintegralpartoftheseTermsandConditions.

11.4.FormofMargin

MarginmustbepaidincashinaBaseCurrencyofyourAccount.AcashMarginpaidtousisheldasClientMoneyinaccordancewiththerequirementsoftheClientMoneyRules.Margindepositsshallbemadebywiretransfer,creditcardorbysuchothermeansastheCompanymaydirect.

11.5.Set-offonDefault

IfthereisanEventofDefaultortheseTermsareterminated,weshallset-offthebalance of the cash margin owed by us to you against your obligations (asreasonablyvaluedbyus).Thenetamount,ifany,payablebetweenusfollowingsuchset-off,shalltakeintoaccounttheLiquidationAmountpayableunderPart15(“Netting”).

11.6.FurtherAssurance

YouagreetoexecutesuchfurtherdocumentsandtotakesuchfurtherstepsaswemayreasonablyrequiretoperfectoursecurityinterestoverandobtainlegaltitletotheSecuredObligations.

11.7.NegativePledge

You undertake neither to create nor to have outstanding any security interestwhatsoever over, nor to agree to assign or transfer, any of the cash margintransferredtous.

11.8.GeneralLien

Inaddition,andwithoutprejudicetoanyrightstowhichwemaybeentitledundertheseTermsoranyApplicableLawsandRegulations,weshallhaveagenerallienonallcashheldbyusorourAssociatesorournomineesonyourbehalfuntilthesatisfactionoftheSecuredObligation.

PART12.LEVERAGEARRANGEMENTS

12.1.TradingonCFDsisaformofLeveragedTradingandishighlyspeculative,complexandinvolvesasignificantriskoflossandisnotsuitableforallinvestors.CFDsareamongtheriskiesttypesofinvestmentsandcanresultinlargelosses.

TheEuropeanSecuritiesandMarketsAuthority(ESMA)hasformallyadoptednewmeasuresontheprovisionofcontractsfordifferences(CFDs).TheywereadoptedintheofficiallanguagesoftheEUandhavebeenpublishedintheOfficialJournaloftheEuropeanUnion.

TheESMA’sinterventionmeasureswereappliedfrom1August2018forCFDsandconsistof(amongstothermeasures)arestrictionof leverage limitsonopeningpositions.CySEChaspermanently introducedESMAMeasuresintonational lawandimposednationalmeasuresreflectingESMAmeasureson27September2019.

Leverage limitson theopeningofapositionbya retail client from30:1 to2:1,whichvaryaccordingtothevolatilityoftheunderlying:

•30:1formajorcurrencypairs;

•20:1fornon-majorcurrencypairs,goldandmajorindices;

•10:1forcommoditiesotherthangoldandnon-majorequityindices;

•5:1forindividualequitiesandotherreferencevalues;

•2:1forcryptocurrencies;

If ESMAdecidesnot toprolong themeasures theCompanywill implement theleveragelevelsasbeforetheimplementationofthemeasures.

12.2.SpecialCategories:

Ifunderthelegalandregulatoryrequirementsofcertainforeignjurisdictionsthatare relevant for the Company’s activities the maximum leverage for affectedclientsiscappedatalevellowerthanmadeavailable,theCompanywilloffertheaffectedclientsthemaximumleverageprescribedbythelawsandregulationofthatforeignjurisdiction(i.e.applythemaximumleveragethatislowerthantheonemadeavailablebutlimitsuchapplicationonlytotheaffectedclients).

PleasenotethatasetofadditionalrulesandproceduresbecameapplicablefortheresidentsofSpainandPoland.Suchsetofadditionalrulesandprocedurescanbefoundinsections20.16-20.17oftheCompany’sTerms&ConditionsandSection3ofourMarginandLeveragePolicy.

PART13.REPRESENTATIONS,WARRANTIESANDCOVENANTS

13.1.Representations&Warranties

13.1.1.YourepresentandwarranttousonthedatetheseTermscomeintoeffectandasofthedateofeachTransactionthat:

a. you are at least eighteen (18) years old and of legal age in your respectivejurisdiction to formabinding contract, such as theseTerms, aswell as open aTransactionandperformyourobligationsthereunder;

b.anyinformationwhichyouprovideorhaveprovidedtousinrespectofyourfinancialposition,domicile,locationorothermattersinyourapplicationformandatanytimethereafteristrueandaccurateinallrespects;

c. you have obtained all governmental or other authorisations and consentsrequired in connection with these Terms and in connection with opening orclosingTransactionsandsuchauthorisationsandconsentsare in full forceandeffectandalloftheirconditionshavebeenandwillbecompliedwith;

d.theexecution,deliveryandperformanceoftheseTermsandeachTransactionwill not violate any law, ordinance, or any other rule applicable to you in thejurisdictioninwhichyouaredomiciledorlocatedinorarearesidentof,oranyagreementbywhichyouareboundorbywhichanyofyourassetsareaffected;

e.youwillnotsendfundstoyourAccount(s)from,orrequestthatfundsbesentfromyourAccount(s)toathirdparty;

f.ifyouareanemployeeoracontractorofafinancialservicesfirmoranyotherfirmthathascontrolsoverthefinancialtransactionsinwhichitsemployeesandcontractorsdeal,youwillgiveuspropernoticeofthisandofanyrestrictionsthatapplytoyourdealing;

g.youwillnotuseourbidandofferpricesforanypurposeotherthanforyourowntradingpurposes,andyouagreenottoredistributeourbidandofferpricestoanyotherpersonwhethersuchredistributionbeforcommercialorotherpurposes;

h.youwillusetheElectronicServicesofferedbyuspursuanttotheseTermsingood faith and, to this end, you will not use any electronic device, software,algorithm,oranytradingstrategy(‘Device’)thataimstomanipulateortakeunfairadvantageofthewayinwhichweconstruct,provideorconveyourbidoroffer

prices.YouagreethatusingaDevicewherebyinyourdealingswithusyouarenotsubjecttoanydownsidemarketriskwillbeevidencethatyouaretakingunfairadvantageofus;

i.noEventofDefaultoranyeventwhichmaybecome(withthepassageoftime,thegivingofnotice,themakingofanydeterminationoranycombinationoftheabove) an Event of Default (“Potential Event of Default”) has occurred and iscontinuingwithrespecttoyou;

j.youactasprincipalandsolebeneficialowner(butnotastrustee)inenteringintotheseTermsandeachTransactionandincaseyouwishtoopen,eitherinthepresent time or in the future, more than one Account with the Company it isrequired to immediatelydisclose tous thatyouare thebeneficialownerof theexistingAccount(s)duringtheaccountopeningprocedureandtoprovideuswiththenecessaryinformationand/ordocumentation;

k.youconfirmthatyouarethelawfulownerthedebitorcreditcardusedduringregistrationfortheAccountwiththeCompany,orthelawfulownerofanyotherpaymentmethodusedtoopenanAccountwithus;

l.youarewillingandfinanciallyabletosustainatotallossoffundsresultingfromTransactionsandtradinginsuchTransactionsisasuitableinvestmentforyou;

m.exceptasotherwiseagreedbyus,youarethesolebeneficialownerofallmarginyoutransferundertheseTerms,freeandclearofanysecurityinterestwhatsoever;and

n. for the clients outside EEA for which the Company has passportingauthorisation:youhavebecomeaClientofCAPITAL.COMonyourowndecision;you were not directly targeted and not directly offered to become a Client ofCAPITAL.COM neither by CAPITAL.COM itself nor by any of its’ employees,Associatesoraffiliates.

13.1.2. Any breach by you of a representation or warranty given under theseTermsrendersanyTransactionvoidablefromtheoutset,orgrantsustherighttoclose any of suchTransactions at then prevailing prices, or to suspend and/orblockyouraccountwithoutnoticeatoursolediscretion.

13.2.Covenants

13.2.1.Youcovenanttousthat:

a.youwillpromptlynotifyusoftheoccurrenceofanyEventofDefaultorPotentialEventofDefaultwithrespecttoyourself;

b.youwilluseallreasonablestepstocomplywithallApplicableRegulationsinrelationtotheseTermsandanyTransaction,sofarastheyareapplicabletoyouorus;

c.youwillnotsendordersorotherwisetakeanyactionthatcouldcreateafalseimpressionofthedemandorvalueforafinancialinstrument.NorwillyousendorderswhichwehavereasontobelieveareinbreachofApplicableRegulationsorby taking advantage of your Account(s) that could be considered as systemabusiveorders,includingbutnotlimitedtoone’sintentiontobenefitfromdelaysintheprices,totradeatoff-marketpricesandtoabusethesystemfortradingatmanipulatedprices;and

d.upondemand,youwillprovideuswithsuchinformationaswemayreasonablyrequiretoevidencethemattersreferredtointhisClauseortocomplywithanyApplicableRegulations;

e. youwill undertake to advice the Companywithin 30 days of any change incircumstances which affects provided information or causes the informationcontainedhereintobecomeincorrectorincomplete,andtoprovidetheCompanywithsuitablyupdatedinformationwithin60daysofsuchachange;

f.allstatementsmadebyyouandanyinformationprovidedbyyou,arecorrectandcomplete.

PART14.EVENTSOFDEFAULT

14.1.ThefollowingshallconstituteEventsofDefaultontheoccurrenceofwhichthe Company shall be authorised to exercise its rights in accordance with thebelow:

a. youfailtomakeanypaymentwhendueundertheseTermsortoobserveorperformanyotherprovisionoftheseTermsafternoticeofnon-performancehasbeengivenbyustoyou;

b. youfailtoperformanyobligationduetous;

c. youfailtoperformanyoftheprovisionsoftheseTerms;

d. whereanyTransactionorcombinationofTransactionsoranyrealizedorunrealized losses on any Transactions or combination of Transactionsopenedbyyouresultsinyourexceedinganycreditorotherlimitplacedonyourdealings;

e. yourdeathoryourincapacity;

f. the initiation by a third party of proceedings for your bankruptcy (ifapplicable) or if you make an arrangement or composition with yourcreditors or any other similar or analogous procedure is commenced inrespectofyou;

g. whereanyrepresentationorwarrantymadebyyou in theseTerms isorbecomesuntrue;

h. youfailoromit todisclosetousyourcapacityas thebeneficialownerofmorethanoneAccountyoumaymaintainwithus;

i. youtakeadvantageofdelaysoccurredinthepricesandyouplaceordersatoutdatedprices,youtradeatoff-marketprices,youmanipulatethesystemtotradeatpricesnotquotedtoyoubyusandyouperformanyotheractionthatconstitutesimpropertrading;

j. anyeventofdefault (howeverdescribed)occurs inrelationtoyouunderanyotheragreementbetweenus;and/or

k. anyothercircumstancewherewereasonablybelievethatitisnecessaryordesirabletotakeanyactiontoprotectourselvesoralloranyofourotherClients.

PART15.NETTING

15.1.RightsonDefault

OntheoccurrenceofanEventofDefault,wemayexerciseourrightsunderthisPart,exceptthatinthecaseoftheoccurrenceofanEventofDefaultspecifiedinClause14.1(f)(a“BankruptcyDefault”),theautomaticterminationprovisionofthisClauseshallapply.

15.2.LiquidationDate

SubjecttothefollowingClause15.3,atanytimefollowingtheoccurrenceofanEventofDefault,wemay,bynoticetoyou,specifyadate(the“LiquidationDate”)fortheterminationandliquidationofTransactionsinaccordancewiththisPart.

15.3.AutomaticTermination

The date of the occurrence of any Bankruptcy Default shall automaticallyconstitute a Liquidation Date, without the need for any notice by us and theprovisionsofthefollowingClause15.4shallthenapply.

15.4.CalculationoftheLiquidationAmount

15.4.1.UpontheoccurrenceoftheLiquidationDate:

a. neitherofusshallbeobligedtomakeanyfurtherpaymentsordeliveriesunderanyTransactionswhichwould,butforthisPart,havefallendueforperformanceonoraftertheLiquidationDateandsuchobligationsshallbesatisfied by settlement (whether by payment, set-off or otherwise) ofLiquidationAmount(asdefinedbelow);

b. we shall (on, or as soon as reasonably practicable after, the LiquidationDate)determine(discountingifappropriate),inrespectofeachTransactionatotalcost,lossor,asthecasemaybe,gain,ineachcaseexpressedintheBaseCurrencyofyourAccounts(and,ifappropriate,includinganylossofbargain,costoffundingor,withoutduplication,cost,lossor,asthecasemaybe,gainasaresultofthetermination,liquidation,obtaining,performingorre-establishingofanyhedgeorrelatedtradingposition)asaresultofthetermination,pursuanttotheseTerms,ofeachpaymentordeliverywhichwouldotherwisehavebeenrequired tobemadeundersuchTransaction(assumingsatisfactionofeachapplicableconditionprecedentandhavingdue regard, if appropriate, to such market quotations published on, orofficialsettlementpricessetbytherelevantexchangeasmaybeavailableon,orimmediatelypreceding,thedateofcalculation);and

c. weshall treat each cost or loss tous, determinedas above, as apositiveamount and each gain by us, so determined, as a negative amount andaggregateallofsuchamountstoproduceasingle,netpositiveornegativeamount, denominated in the Base Currency of your Account (the“LiquidationAmount).

15.5.Payer

IftheLiquidationAmountdeterminedpursuanttothisPartisapositiveamount,youshallpayittousandifitisanegativeamount,weshallpayittoyou.WeshallnotifyyouoftheLiquidationAmount,andbywhomitispayable,immediatelyafterthecalculationofsuchamount.

15.6.OtherTransactions

WhereterminationandliquidationoccursinaccordancewiththisPart,weshallalsobeentitled,atourdiscretion,toterminateandliquidate,inaccordancewiththeprovisionsofthisPart,anyothertransactionsenteredintobetweenuswhicharethenoutstanding.

15.7.Payment

TheLiquidationAmountshallbepaidintheBaseCurrencyofyourAccountbythecloseofbusinessontheBusinessDayfollowingthecompletionoftheterminationandliquidationunderthisPart(convertedasrequiredbyapplicablelawintoanyothercurrency,anycostsofsuchconversiontobebornebyyou,and(ifapplicable)deductedfromanypaymenttoyou).AnyLiquidationAmountnotpaidontheduedateshallbetreatedasanunpaidamountandbearinterest,attheaveragerateatwhichovernightdeposits in theBaseCurrencyof suchpaymentareofferedbymajorbanksintheLondoninterbankmarketasof11.00am(Londontime)(or,ifnosuchrateisavailable,atsuchreasonablerateaswemayselect)plusone(1%)perannumforeachdayforwhichsuchamountremainsunpaid.

15.8.Payments

UnlessaLiquidationDatehasoccurredorhasbeeneffectivelyset,weshallnotbeobliged tomake anypaymentordelivery scheduled tobemadebyusunder aTransaction foras longasanEventofDefaultoranyeventwhichmaybecome

(withthepassageoftime,thegivingofnotice,themakingofanydeterminationhereunder,oranycombinationthereof)anEventofDefaultwithrespecttoyouhasoccurredandiscontinuing.

15.9.AdditionalRights

OurrightsunderthisPartshallbeinadditionto,andnotinlimitationorexclusionof,anyotherrightswhichwemayhave(whetherbyagreement,operationoflaworotherwise).

15.10.ApplicationofNettingtotheTransactions

ThisPartappliestoeachTransactionenteredintooroutstandingbetweenusonorafterthedatetheseTermstakeseffect.

15.11.SingleAgreement

These Terms, the particular terms applicable to each Transaction entered intoundertheseTerms,andallamendmentstoanyofthemshalltogetherconstituteasingleagreementbetweenus.WebothacknowledgethatallTransactionsenteredintoonorafterthedatetheseTermstakeeffect,areenteredintoinrelianceuponthe fact that theseTermsandall suchprovisionsconstituteasingleagreementbetweenus.

PART16.RIGHTSONDEFAULT

16.1.Default

OnanEventofDefaultoratanytimeafterwehavedetermined,inourabsolutediscretion,thatyouhavenotperformed(orwereasonablybelievethatyouwillnotbeableorwillinginthefuturetoperform)anyofyourobligationstous, inadditiontoanyrightsunderPart15(“Netting”)weshallbeentitled,withoutpriornoticetoyou:

a. instead of returning to your investments equivalent to those credited toyouraccount,topaytoyouthefairmarketvalueofsuchinvestmentsatthetimeweexercisesuchright;

b. tosellsuchofyourinvestmentsasareinourpossessionorinthepossessionofanynomineeorthirdpartyappointedunderorpursuanttotheseTerms,ineachcaseaswemayinourabsolutediscretionselectoranduponsuchterms as we may in our absolute discretion think fit (without beingresponsible for any lossordiminution inprice) inorder to realise fundssufficienttocoveranyamountduebyyouhereunder;

c. tocloseout,replaceorreverseanyTransaction,buy,sell,borroworlendorenterintoanyotherTransactionortake,orrefrainfromtaking,suchotheractionatsuchtimeortimesandinsuchmanner,asatoursolediscretion,weconsidernecessaryorappropriatetocover,reduceoreliminateourlossor liability under or in respect of any of your contracts, positions orcommitments;and/or

d. tocanceland/orconsidervoidanyTransactionsandprofitsorlosseseitherrealisedorunrealisedand/ortocloseouttheaccount(s)youmaintainwithuspursuanttotheseTerms,immediatelyandwithoutpriornotice.

PART17.TERMINATIONWITHOUTDEFAULT&CANCELLATION

17.1.Termination&Cancellation

17.1.1. Rights of the Clients to request the termination/cancellation of theirbusinessrelationshipwiththeCompany:

You have a right to cancel these Terms for a period of fourteen (14) dayscommencing on the date on which you have accepted these Terms (the“CancellationPeriod”).TheCompanymayterminatetheAgreementbygivingtoyoua7dayswrittennotice,specifyingthedateofterminationtherein.

17.1.2.ShouldyouwishtocanceltheseTermswithintheCancellationPeriod,youshould send notice in writing to the contact details are set out in Part 20(“Miscellaneous”) under the heading “Notices” or electronically throughthe“ContactUs”sectionofourWebsiteorthemobileapp.CancellingtheseTermswithintheCancellationPeriodwillnotcancelanyTransactionenteredintobyyouduring the Cancellation Period. If you fail to cancel these Terms within the

CancellationPeriodyouwillbeboundbyitstermsbutyoumayterminatetheseTermsinaccordancewithClause17.1.3(“TerminationWithoutDefault”).

17.1.3.Unless requiredbyApplicableRegulations,apartymay terminate theseTerms(andtherelationshipbetweenus)foritsownconvenienceintheabsenceofanEventofDefaultonthatparty’ssidebygivinginpriorten(10)dayswrittennoticeofterminationtotheotherpart.

17.1.4.UponterminatingtheseTerms:

a. all amountspayable by you to uswill become immediately due andpayableincluding(butwithoutlimitation):

i.alloutstandingfees,chargesandcommissions;

ii.anydealingexpensesincurredbyterminatingtheseTerms;and

iii.anylossesandexpensesrealisedinclosingoutanyTransactionsorsettlingorconcludingoutstandingobligationsincurredbyusonyourbehalf.

b. The Company shall apply best execution rules in caseswhere you have notprovided the Companywith specific instructions regarding the closing of yourpositions.

c.TheCompanyshallreturnanyClientfundsremaininginyourAccounttoyourbankaccount,specificallytotheaccountfromwhichthefundsweredebited.Yourfundsmaybereturnedtoanotherbankaccounttowhichyouarethebeneficiaryin exceptional circumstances and as long as you provide uswith the requireddocumentstoverify,thattheaccountbelongstoyou.

17.2.Existingrights

17.2.1.Terminationshallnotaffect thenoutstandingrightsandobligationsandTransactionswhichshallcontinuetobegovernedbytheseTermsandthePartsagreedbetweenusinrelationtosuchTransactionsuntilallobligationshavebeenfullyperformed.

17.2.2.TheCompanymayterminatetheAgreementimmediatelywithoutgivinganynoticeseetermsmentionedinchapter9.12.

17.2.3.The terminationof theAgreementshallnot inanycaseaffect therightswhichhavearisenexistingcommitmentsoranycontractualprovisionwhichwasintendedtoremaininforceaftertheterminationandinthecaseoftermination,theClientshallpay:

• Any pending fee of the Company and any other amount payable to theCompany;

• Any charge and additionalexpenses incurred or to be incurred by theCompanyasresultoftheterminationoftheAgreement;

• Anydamageswhicharoseduringthearrangementorsettlementofpendingobligations.

PART18.EXCLUSIONS,LIMITATIONSANDINDEMNITY

18.1.GeneralExclusion

18.1.1.Neitherwenorourdirectors,officers,employeesoragentsshallbeliablefor any losses, damages, costs or expenses, whether arising out of negligence,breachofcontract,misrepresentationorotherwise,incurredorsufferedbyyouundertheseTerms(includinganyTransactionorwherewehavedeclinedtoenterinto a proposed Transaction) unless such loss is a reasonably foreseeableconsequenceorarisesdirectlyfromourortheirrespectivegrossnegligence,wilfuldefaultorfraud.

18.1.2.Innocircumstance,shallwehaveliabilityforlossessufferedbyyouoranythirdpartyforanyspecialorconsequentialdamage,lossofprofits,lossofgoodwillorlossofbusinessopportunityarisingunderorinconnectionwiththeseTerms,whether arising out of negligence, breach of contract, misrepresentation orotherwise.

18.1.3.NothingintheseTermswilllimitourliabilityfordeathorpersonalinjuryresultingfromournegligence.

18.2.TaxImplications

Withoutlimitation,wedonotacceptliabilityforanyadversetaximplicationsofanyTransactionwhatsoever.

18.3.ChangesintheMarket

18.3.1. Market Orders are executed at the bid/ask prices offered through us.Pending orders are executed at the then market price requested by you andofferedthroughus.Wereservetheright,atourfulldiscretion,nottoexecutetheorder,ortochangethequotedpriceoftheTransactionincaseoftechnicalfailureof the CAPITAL.COMOnline Trading Platform or in case of extraordinary orabnormal fluctuations of theprice of the financial instrument as offered in themarket.

18.3.2.Withoutlimitation,wedonotacceptanyliabilitybyreasonofanydelayorchangeinmarketconditionsbeforeanyparticularTransactionisaffected.

18.4.EventsofForceMajeure,LimitationofLiability&ManifestError

18.4.1.Weshallnotbe liable toyou foranypartialornon-performanceofourobligations hereunder by reason of any cause beyond our reasonable control,including without limitation any breakdown, delay, malfunction or failure oftransmission, communication or computer facilities, industrial action, act ofterrorism,actofGod,actsandregulationsofanygovernmentalorsupranationalbodiesorauthoritiesorthefailurebytherelevantexchange,otherregulatoryorself-regulatoryorganisation,vendororserviceproviderofoursforanyreason,toperformitsobligations(“EventsofForceMajeure”).

18.4.2.NothingintheseTermswillexcludeorrestrictanydutyorliabilitywemayhavetoyouunderApplicableRegulations,whichmaynotbeexcludedorrestrictedthereunder.

18.4.3.ManifestError

18.4.3.1.WereservetherighttounilaterallyeithervoidfromtheoutsetoramendretroactivelytheconditionsofanyTransactionthatcontainedorwasbasedonanyerrorthatwereasonablybelievetobeobviousorpalpable(a‘ManifestError’).

18.4.3.2. If, in our discretion, we choose to amend the conditions of anyTransactionwithaManifestError,theamendmentswillreflecttheconditionsthat

we reasonably believe would have been fair at the time the Transaction wasenteredinto.

18.4.3.3.IndecidingwhetheranerrorisaManifestErrorweshallactreasonablyandwemaytakeintoaccountanyrelevantmarketpracticeand/oranyrelevantinformation including, without limitation, the state of the relevant underlyingmarket(s)atthetimeoftheallegedManifestError,oranyconnectederrorin,orlackofclarityofanyinformationsourceorpronouncementuponwhichwebaseourquotedpricesorformothertradingconditions.

18.4.3.4.AnyfinancialcommitmentthatyouhaveenteredintoorrefrainedfromenteringintoinrelianceonaTransactionwithusthatwasvoidedfromtheoutsetor amended retroactively as provided for in this Clausewill not be taken intoaccountindecidingwhetherornottherehasbeenaManifestError

18.4.3.5.Intheabsenceoffraud,wilfulmisconductorgrossnegligenceonourpart,wewillnotbeliabletoyouforanylosses,costs,claims,demandsorexpensesofany sort following or related (either directly or remotely) to aManifest Error(including, where the Manifest Error is caused by any information source,commentatororofficialonwhomwereasonablyrely).

18.4.3.6.IfaManifestErrorhasoccurredandwechoosetoexerciseourrighttovoidfromtheoutsettheaffectedtheTransactionandyouhavealreadyreceivedanymoniesfromusinconnectiontotheaffectedTransaction,youagreethatthosemonies become immediately due and payable to us and you shall be liable toreturntheinitialamountreceivedtousimmediately.

18.4.3.7.IfaManifestErrorhasoccurredandwechoosetoexerciseourrighttoamendretroactivelytheconditionsoftheaffectedtheTransactionandyouhavealreadyreceivedanymonies fromus inconnectionto theTransactionwiththeManifestError,youagreethatthosemoniesbecomeimmediatelydueandpayableto us and you shall be liable to return the initial amount received to usimmediately. If based on the results of the retroactive application of the fairconditionsasprovidedforinClauses18.4.3.3–18.4.3.4above,theCompanyshalloweyouanymonies,suchmoniesshallbetransferredtoyourAccountinatimelymanner. Similarly, if as a result of the retroactive application of such fairconditions, you shall owe the Company any monies, such money should betransferredbyyoutotheCompanyinatimelymanner.

18.4.3.8.TheCompanyshallnotifyyouregardingtheManifestErrorandthewaytheCompanyshallproceedtorectifyitwithin5(five)BusinessDaysafterithasestablishedtheexistenceofsuchManifestError.

18.4.3.9. In case of a Manifest Error, the Company may take any appropriatemeasuresnecessarytorectifytheconsequencesofsuchManifestError,whichmayinclude,amongotherthings,thesuspension,freezingorimmediateclosingofanyoftheClient’spositions.

18.5.ResponsibilityforOrders

Youwill be responsible for all orders enteredon yourbehalf via anElectronicService and youwill be fully liable to us for the settlement of anyTransactionarisingfromit.

18.6.NoOtherRepresentations

YouacknowledgethatyouhavenotreliedonorbeeninducedtoenterintotheseTermsbyarepresentationotherthanthoseexpresslysetoutintheseTerms.Wewillnotbeliabletoyou(inequity,contractortort)forarepresentationthatisnotsetoutintheseTermsandthatisnotfraudulent.

18.7.Indemnity

YoushallpaytoussuchsumsaswemayfromtimetotimerequireinortowardssatisfactionofanydeficiencyonthebalanceofyourAccount(s)withusand,onafullindemnitybasis,anylosses,liabilities,costsorexpenses(includinglegalfees),taxes,impostsandlevieswhichwemayincurorbesubjectedtowithrespecttoanyofyourAccount(s)oranyTransactionorasaresultofanymisrepresentationbyyouoranyviolationbyyouofyourobligationsundertheseTerms(includinganyTransaction)orbytheenforcementofourrights.

PART19.DESCRIPTIONANDACKNOWLEDGMENTOFRISKS

TheCompanyshallprovideyouingoodtimebeforetheprovisionofinvestmentservicesorancillaryserviceswithageneraldescriptionofthenatureandrisksoffinancialinstruments,takingintoaccount,inparticular,theClient’scategorisation

as either a retail Client, professional Client or eligible counterparty. Thatdescriptionshallexplainthenatureofthespecifictypeofinstrumentconcerned,thefunctioningandperformanceofthefinancialinstrumentindifferentmarketconditions, includingbothpositiveandnegativeconditions,aswellas therisksparticulartothatspecifictypeofinstrumentinsufficientdetailtoenabletheClienttotakeinvestmentdecisionsonaninformedbasis.

Thedescriptionofriskreferredabovewillinclude,whererelevanttothespecifictypeofinstrumentconcernedandthestatusandlevelofknowledgeoftheClient,thefollowingelements:

a. The risks associated with that type of financial instrument including anexplanation of leverage and its effects and the risk of losing the entireinvestmentincludingtherisksassociatedwithinsolvencyoftheissuerorrelatedevents,suchasbailin;

b. Thevolatilityof thepriceofsuch instrumentsandany limitationson theavailablemarketforsuchinstruments;

c. Informationonimpedimentsorrestrictionsfordisinvestment,forexampleasmaybethecaseforilliquidfinancialinstrumentsorfinancialinstrumentswithafixedinvestmentterm,includinganillustrationofthepossibleexitmethods and consequences of any exit, possible constraints and theestimated timeframe for the sale of the financial instrument beforerecovering the initial cost of the transaction in that type of financialinstruments;

d. Thefactthataninvestormightassume,asaresultoftransactionsinsuchinstruments, financial commitments and other additional obligations,including contingent liabilities, additional to the cost of acquiring theinstruments;

e. Anymarginrequirementsorsimilarobligations,applicabletoinstrumentsofthattype.

For more information please refer to the Company’s KID andRisk DisclosureStatement.

PART20.MISCELLANEOUS

20.1.Amendments

20.1.1. Shall the Company introduce anymaterial amendments to the presentTerms,youwillbenotifiedaccordinglybymeansoftheappand/orbye-mailofsuchmaterial amendments. You will be given 48 hours from themoment thenoticehasbeendispatched(“48Hours”)bytheCompanytodecideonwhetheryouwouldwanttoproceedunderthenewTerms.Upontheexpirationofthese48HoursyoushallbedeemedtohaveprovidedconsenttotheapplicationofthenewTerms.

20.1.2.IfyoudisagreewiththeapplicationofthenewTermsyoumustgetintouchwiththeCompanybyutilizingthee-mailstatedinClause20.2(“Notices”)belowpriortotheexpirationofthe48Hours,clearlystatethatyounolongerwishtobeaClientoftheCompanyanddiscontinueyouruseoftheServices.

20.1.3. If you send us such notice of disagreementmentioned in Clause 20.1.2aboveyouwillnotbeallowedtoopenanynewpositions fromthemomentwereceivesuchnoticeandyouwillbeprompted tocloseanyofyouroutstandingpositionspriortotheexpirationofthe48Hours.Ifyoufailtodoso,wewillhavethediscretiontoautomaticallycloseallofyourpositionsupontheexpirationofthe48Hours.WewillprocesstheterminationofyourAccountandanyrelevantissuesasprovidedforhereinandtheApplicableRegulations.

20.2.Notices

20.2.1. Unless otherwise agreed, all notices, instructions and othercommunicationstobegivenbyusundertheseTermsshallbegiventothecontactdetails provided by you to us. Likewise, all notices, instructions and othercommunications to be given by you under these Terms shall be given to us inwritingattheaddressbelow:

Name:CapitalComSVInvestmentsLtdAddress:LophitisBusinessCentreII,237,28thOctoberStreet,Limassol,PC3035,CyprusEmailAddress:support@capital.comYoushallnotifyusofanychangeofyour informationforthereceiptofnotices,instructionsandothercommunicationsimmediately.

20.3.RecordKeeping

20.3.1.FollowingtheprovisionsofMiFIDII,theCompanykeepsrecordsregardingallservices,activitiesandtransactionsitundertakes.TheClientacknowledgesthatas per theArticle 16(7) ofMiFID II the Companywill keep records of internaltelephone conversations and electronic communications that are intended toresult in transactionsorrelate to thereceptionandtransmissionofordersandexecutionofordersonbehalfofclients.

20.3.2.Further,theCompanywillalsokeeprecordstobekeptofallservicesandactivities provided and transactions undertaken by the Company as well asrecordsrelatedtoitsbusinessandinternalorganizationwhichshallbesufficienttoenabletheCommissiontoexerciseitssupervisoryfunctionsandtotakestepstoensuretheCompany’scompliancewithitsobligationsundertheLaw

20.3.3.TheCompanyshallkeeprecordsofthecontentandtimingofinstructionsreceivedfromyou.Arecordoftheallocationdecisionstakenforeachoperationshall be kept providing for a complete audit trail between the movementsregisteredinclients’accountsandintheinstructionsreceivedbytheinvestmentfirm. In particular, the final allocationmade to each investment Client shall beclearlyjustifiedandrecorded.Thecompleteaudittrailofthematerialstepsintheunderwriting and placing process shall be made available to competentauthoritiesuponrequest.

20.3.4. You have the right to request and receive records of telephone andelectroniccommunicationsthatrelatedtoreception,transmissionandexecutionofyourorders.SuchrecordswillbekeptbytheCompanyforaperiodoffivetosix(5-6) years from the end of business relationship with you according to therelevant regulations (please refer to section 6 of our Privacy Policy for moredetails).Withoutlimitingtheforegoing,theCompanyisrequiredtocomplybasedontheIntergovernmentalAgreementbetweenCyprusandUnitedStatesandhastakenallreasonablestepstobeconsideredincompliancewithFATCA.TheClientacknowledgesandacceptsthattheCompanyisrequiredtodiscloseinformationin relation to anyUS reportablepersons to the relevant authorities, asper thereporting requirements of FATCA. The Client may contact the Company foradditional informationand/or clarificationsprior to theaccepting theseTermsandConditions.

20.4.ElectronicCommunications

20.4.1. Subject to the Applicable Laws and Regulations, any communicationbetweenususingelectronicsignaturesandanycommunicationsviaourWebsiteand/or the mobile app shall be binding as if they were in writing. Orders orinstructions given by you via e-mail or other electronic means will constituteevidenceoftheordersorinstructionsgiven.

20.4.2.TheCompanywillalsokeeprecordsofordersplacedbyclientsthroughchannels other than the Companies’ electronic platform, provided that suchcommunications are made in a durable medium (e.g. mails, fax, emails, chats,internetcommunications,etc.).Incaseofrelevantface-to-faceconversationswiththeClient,thecontentofsuchwillberecordedbyusingwrittenminutesornotes.

20.4.3. The Company shall establish, implement and maintain an effectingrecordingoftelephoneconversationsandelectroniccommunicationspolicy,setoutinwriting,andappropriatetosizeandorganisationoftheCompany,andthenature,scaleandcomplexityofitsbusiness.Thepolicyshallincludethefollowingcontent:

a. the identification of the telephone conversations and electroniccommunications, that are subject to the recording requirements inaccordancewithArticle16(7)oftheMiFIDIIDirective;

b. the specification of the procedures to be followed and measures to beadoptedwhereexceptional circumstancesariseand the firm isunable torecord the conversation/communication on devices issued, accepted orpermitted by the Company. Evidence of such circumstances shall beretainedandshallbeaccessibletocompetentauthorities.

20.5.OurRecords

1. Ourrecords,unlessshowntobewrong,willbeevidenceofyourdealingswithusinconnectionwithourElectronicServices.Youwillnotobjecttotheadmissionofourrecordsasevidenceinanylegalproceedingsbecausesuchrecords are not originals, are not in writing nor are they documentsproducedbyacomputer.

2. Youwill not rely on us to complywith your record keeping obligations,althoughrecordsmaybemadeavailabletoyouonrequestatourabsolutediscretion.

3. The records will be retained in a medium that allows the storage ofinformation in a way accessible for future reference by the competentauthority,andinsuchaformandmannerthatthefollowingconditionsaremet:i.the competent authority is able to access them readily and toreconstituteeachkeystageoftheprocessingofeachtransaction;

ii.itispossibleforanycorrectionsorotheramendments,andthecontentsof the records prior to such corrections or amendments, to be easilyascertained;

iii.itisnotpossiblefortherecordsotherwisetobemanipulatedoraltered;

iv.itallowsIToranyotherefficientexploitationwhentheanalysisofthedatacannotbeeasilycarriedoutduetothevolumeandthenatureofthedata;and

v.thefirm’sarrangementscomplywiththerecordkeepingrequirementsirrespectiveofthetechnologyused.

20.6.YourRecords

YouagreetokeepadequaterecordsinaccordancewiththeApplicableLawsandRegulationstodemonstratethenatureoforderssubmittedandthetimeatwhichsuchordersaresubmitted.YoucanaccessyourstatementsonlineatanytimeviaourWebsiteormobileapp.Youmayrequesttoreceiveyourstatementmonthlyorquarterlyviaemail,byprovidingsucharequesttothesupportdepartment.

20.7.ConfidentialInformation

20.7.1.TheCompanydoesnothaveanyobligation todisclose to theClientanyinformationortakeintoconsiderationanyinformationeitherwhenmakinganydecisionorwhenitproceedstoanyactonbehalfoftheClient,unlessotherwiseagreedandstated inthisAgreementandwherethis is imposedbytherelevantLawsandRegulationsanddirectivesinforce.

TheCompanyhastheright,withoutinformingtheClientbeforehand,todisclosesuchdetailsoftheClient’stransactionsorsuchotherinformationasitmaydeemnecessary in order to complywith any requirements of any person entitled torequiresuchadisclosurebyLaw.

TheCompanywillhandleallofClient’spersonaldataaccording to therelevantLawsandRegulationsfortheprotectionofPersonalData.FormoreinformationpleaserefertotheCompany’sPrivacyPolicy.

20.8.InvestorCompensationFund

20.8.1.WeparticipateintheInvestorCompensationFundforclientsofInvestmentFirmsregulatedinCyprus.YouwillbeentitledtocompensationundertheInvestorCompensation Fund where we are unable to meet our duties and obligationsarisingfromyourclaim.AnyclaimsrelatedtotradingCFDsonvirtualcurrenciesarecurrentlynotsubjecttotheInvestorCompensationFundscheme.

20.8.2.Any compensationprovided toyouby the InvestorCompensationFundshall not exceed twenty thousand (20000)EURand applies to your aggregateclaimsagainstus.

20.8.3.TheInvestorCompensationFunddoesnotcoverProfessionalClientsbutonlyretailclientsofCIFs.

20.9.ComplaintsProcedure

20.9.1.Weareobligedtoputinplaceinternalproceduresforhandlingcomplaintsand inquiries fairly and promptly. In the event you are dissatisfied about theElectronic Services provided to youby the Company you can submit the claimthroughthe“ComplaintsProcedure”sectionofourWebsite.Youmustprovidethefollowinginformationtoassistusindealingwithyourcomplaint:

• YourTradingAccountNumber;

• Cause of your complaint (please indicate one of the causes as follows:execution of orders, quality or lack of information provided, terms ofcontract/fees/charges,generaladmin/customerservices,issuesinrelationtowithdrawaloffunds,other);

• Detailsofthepersonordepartmentofthecompanytowhomyouthinkthecomplaintshouldbedirected.

20.9.2.Toresolveyourcomplaint,wewilltakethefollowingsteps:

20.9.2.1.Wewillconfirm,withinfive(5)BusinessDays,receiptofyourcomplaintand provide you with your Unique Reference Number. You should use saidreferencenumberinallfuturecontactwithus,theFinancialOmbudsmanand/orCySECregardingyourcomplaint.

20.9.2.2.Afterthoroughinvestigation,wewillreplytoyourcomplaintwithintwo(2)months,informingyouabouttheoutcomeofourinvestigation,theactionsthatwillbetakentoresolvethematter,whereappropriate,andofferingyouasolution.In the event thatwe are unable to respondwithin two (2)months, due to thecomplexityofthecomplaint,wewillinformyouofthereasonsforthedelayandindicate the period of time within which it is possible to complete ourinvestigation.Thisperiodoftimewillnotusuallyexceedthree(3)monthsfromthesubmissionofthecomplaint.

20.9.2.3. In theevent thatour finaldecisiondoesnot fullysatisfyyou,youmayreferyourcomplainttotheFinancialOmbudsman.TheFinancialOmbudsmanisan independent service for settling disputes for Cyprus Investment Firms andtheirclients.DetailsfortheFinancialOmbudsmanwillbeprovidedonourfinalresponseaswellasthedetailsonhowtofileacomplaintwithCySEC.Pleasenotethatdisputes related to tradingCFDsonvirtual currencies cannotbe currentlyforwardedtotheFinancialOmbudsman.

20.10.Transfers&Assignment

These Terms shall be for the benefit of and binding upon us both and ourrespective successors and assigns. You shall not assign, charge or otherwisetransfer or purport to assign, charge or otherwise transfer your rights orobligationsundertheseTermsoranyinterestintheseTerms,withoutourpriorwrittenconsent,andanypurportedassignment,chargeortransferinviolationofthisClauseshallbevoid.YouagreethatwemaywithoutfurthernoticetoyouandsubjecttotheApplicableLawsandRegulations,transferbywhatevermeansweconsiderappropriatealloranyofourrights,benefits,obligations, risksand/orinterestsundertheseTermstoanypersonwhomayenterintoacontractwithusin connectionwith such transfer and you agree, thatwemay transfer to suchpersonallinformationwhichweholdaboutyou.

20.11.TimeisofEssence

Time shall be of the essence in respect of all obligations of yours under theseTerms(includinganyTransaction).

20.12.RightsandRemedies

The rights and remedies provided under these Terms are cumulative and notexclusiveofthoseprovidedbytheLaw.Weshallbeundernoobligationtoexerciseanyrightorremedyeitheratallorinamanneroratatimebeneficialtoyou.NofailurebyustoexerciseordelaybyusinexercisinganyofourrightsundertheseTerms(includinganyTransaction)orotherwiseshalloperateasawaiverofthoseoranyotherrightsorremedies.Nosingleorpartialexerciseofarightorremedyshallpreventfurtherexerciseofthatrightorremedyortheexerciseofanotherrightorremedy.

20.13.Set-off

Withoutprejudicetoanyotherrightstowhichwemaybeentitled,wemayatanytimeandwithoutnoticetoyouset-offanyamount(whetheractualorcontingent,present or future) owed by you to us against any amount (whether actual orcontingent, present or future) owedbyus to you. For thesepurposes,wemayascribea commercially reasonablevalue to anyamountwhich is contingentorwhichforanyotherreasonisunascertained.

20.14.PartialInvalidity

If, at any time, any provision of these Terms is or becomes illegal, invalid orunenforceable in any respect under the Law of any jurisdiction, neither thelegality,validityorenforceabilityoftheremainingprovisionsoftheseTermsnorthelegality,validityorenforceabilityofsuchprovisionundertheLawofanyotherjurisdictionshallinanywaybeaffectedorimpaired.

20.15.DataProtection

The Company and its related entities are responsible for the protection of theprivacyandthesafeguardingofyourpersonalandfinancialinformation.

YourpersonaldataaresafelystoredintheCompany’selectronicsystemsandaretreatedasconfidential.TheCompanywillnotdiscloseanyoftheClient’spersonaldatatoathirdpartythatisnotanaffiliate,partner,oranassociaterelatedtothe

provisionofservicestotheClient,unlesswehaveyourconsentortheCompanyisrequiredtodosobyanofficialgovernmentregulatoryauthorityoracompetentjurisdiction.TheCompanywillnotholdanyinformationaboutitsClients’debitorcreditcards,oranypaymentmethodusedbyaClienttomakehis/herdepositnotrequiredbytheApplicableRegulationsandwillatalltimesbeincompliancewiththeundertakencardholderdatasecuritystandards.

The Privacy Policy outlines howwemanage the personal informationwe holdaboutourclientsthroughtheirinteractionwiththecompanyonsocialmediaorany other dealing with us. We are also bound by principles contained in theGeneral Data Protection Regulation (GDPR) (EU) 2016/679. The Company’scontactwithregardstoanyqueriesaboutDataprotectionwillbetheComplianceDepartmentwhichcanbecontactedthroughemailon:GDPR@capital.com

FormoreinformationpleaserefertoourPrivacyPolicy.

20.16.SpanishClients

The Company trades CFDs. CFD is a product that is complex and difficult tounderstand. The National Securities Market Commission of Spain (ComisiónNacionaldelMercadodeValores)hasdeterminedthat,duetothecomplexityoftheCFDsandtherisks involved, thepurchaseofCFDsbyretail investors isnotappropriate/suitable.ACFDisalsoaleveragedproductandthelossesincurredmaybetheentireamountinvested.

ForClientsthatareresidentsofSpain("SpanishClients”),aspecialsetofrequiredwarningsregardingCFDswillbeshownbytheCompany.TheCompanyshallalsoobtainatypedstatementfromeachofourSpanishClientsacknowledginghisorher understanding that CFDs are complex products that are notappropriate/suitableforretailclients.

20.16.1.IfwedeterminethatourproductisappropriateandsuitableforaSpanishClientthefollowingwarningwillbeshowntothatClient:

“You are about to purchase a CFD, a product that is complex and difficult tounderstand. The National Securities Market Commission of Spain (ComisiónNacionaldelMercadodeValores)hasdeterminedthat,duetothecomplexityoftheCFDs and the risks involved, the purchase of CFDs by retail investors is not

appropriate/suitable.Nevertheless,Capital.comhasassessedyourknowledgeandexperienceandhasdeterminedthatCFDsareconvenientforyou.

TheCFDyouareabouttopurchaseisaleveragedproduct.Pleasebeawarethatthelossesincurredmaybetheentireamountinvested.

Please be aware that if you decide to close your position immediately afterpurchasing you will have to pay [the relevant amount and currency shall beindicated]”.

Prior to the first two (2) trades, the Spanish Client will be prompted toelectronicallysignthepageswherethespecialwarningappearsandtheywillbeabletomakeastatementbytypingthefollowingwording:

“ThisproductiscomplexandCNMVhasdeterminedthatitisnotconvenientforme”.

20.16.2. ifwedetermine thatourproduct isunsuitable foraSpanishClient thefollowingwarningshallbeshowntothatClient:

“You are about to purchase a CFD, a product that is complex and difficult tounderstand. The National Securities Market Commission of Spain (ComisiónNacionaldelMercadodeValores)hasdeterminedthat,duetothecomplexityoftheCFDs and the risks involved, the purchase of CFDs by retail investors is notappropriate/suitable.Capital.comhasassessedyourknowledgeandexperienceandhasdeterminedthatCFDsareunsuitableforyou.

TheCFDyouareabouttopurchaseisaleveragedproduct.Pleasebeawarethatthelossesincurredmaybetheentireamountinvested.

Please be aware that if you decide to close your position immediately afterpurchasing you will have to pay [the relevant amount and currency shall beindicated]”.

Priortothefirsttwo(2)tradesaSpanishClientwillbepromptedtoelectronicallysignthepageswherethespecialwarningappearsandtheywillbeabletomakeastatementbytypingthefollowingwording:

“Thisproductiscomplexandhasbeendeterminedasunsuitableforme”.

20.16.3. ifwedeterminethatwedonothaveenough informationtoassessourCFDsareappropriate/suitableforaSpanishClientthefollowingwarningshallbeshowntothatClient:

“You are about to purchase a CFD, a product that is complex and difficult tounderstand. The National Securities Market Commission of Spain (ComisiónNacionaldelMercadodeValores)hasdeterminedthat,duetothecomplexityoftheCFDs and the risks involved, the purchase of CFDs by retail investors is notappropriate/suitable.Capital.comhasassessedyourknowledgeandexperienceandhasdeterminedthatisdoesnothaveenoughinformationtodeterminewhethertheCFDsareconvenientforyou.

TheCFDyouareabouttopurchaseisaleveragedproduct.Pleasebeawarethatthelossesincurredmaybetheentireamountinvested.

Please be aware that if you decide to close your position immediately afterpurchasing you will have to pay [the relevant amount and currency shall beindicated]”.

Priortothefirsttwo(2)tradesaSpanishClientwillbepromptedtoelectronicallysignthepageswherethespecialwarningappearsandtheywillbeabletomakeastatementbytypingthefollowingwording:

“Thisisacomplexproductandduetothelackofinformationprovided,itcouldnotbedeterminedasconvenientforme”.

ThespecialwarningsforSpanishClientsandtheirrelevanttypedstatementsshallformapartofthecontractualdocumentationbetweentherelevantSpanishClientandtheCompany.ArecordwillbekeptofthetypedstatementsmadebySpanishClientsthatwillbereadilyavailableforreviewandinspectionbytheCySECoranyothercompetentauthority.

20.16.4.AllorouradvertisingmechanismsthatwillbeavailableSpanishClientsshallincludethefollowingstatement:

“Difficult product tounderstand, CNMVhasdetermined that it is not suitable forretailinvestorsduetoitscomplexityandhighrisksinvolved”.

20.16.5.TheSpanishClientwillbegiventheopportunitytoexpresslydeclareandacknowledgethatheorsheisfluentinEnglishandthereforecanunderstandandacceptallwarningsheorshewasprovidedinEnglishaswellasacknowledgethatheorsheunderstandstherelevanttypedstatementmadeinEnglish.IftheSpanishClientwillnotbeabletomakesuchdeclaration,alltherelevantwarningswillbeprovidedinSpanishandtheSpanishClientwillbeaskedtotypethestatementinSpanish.

20.17.PolishClients

20.17.1.AresidentofPoland(“PolishClient”)byacceptingtheseTermsagreesinrelationtoallofitscontractualarrangementswiththeCompanyto:

(a)thesubmissionofalldeclarationsofintentinelectronicformbythePolishClientandtheCompany;(b) theconclusionofanyagreementbetweenthePolishClientand theCompanyinelectronicform,includingtheseTerms;(c)havecommunicationswiththeCompanyinelectronicform.

20.17.2.ShouldaresidentofPolanddecidetobecategorisedasaprofessional,aset of additional rules and procedures set by Polish Financial SupervisionAuthority(UKNF)willbeapplicable.

20.18.FrenchClients

20.18.1.TheprovisionofServicesonCFDs(i)toanon-professionalClient,ortoapotential Client who cannot be considered to be a professional Client withcertaintyand(ii)whoislocatedinFranceatthetimeofacceptanceoftheseTerms(“French Client”) is automatically subject to the following special procedure ofplacingandexecutingaGuaranteedStopLossOrder:

AGuaranteedStopLossOrderforaFrenchClientisanorderthatisautomaticallyattached to all orders of a French Client to close a position at an exact pricedeterminedbyaFrenchClientthatisworsethanthecurrentprice,butundernocircumstancesisatthelevelthatcanleadtolosingmorethantheFrenchClientinitially invested in placing this specific order. A French Client is thereforecontractuallynotprovidedwith thepossibility toplaceaGuaranteedStopLossOrderatthelevelthatcanleadtolosingmorethanheinitiallyinvestedinaspecificorder. This order type represents the protection mechanism that structurallypreventsaFrenchClientfromlosinganamountgreaterthantheamountinitially

invested.WhenacceptingaGuaranteedStopLossOrderfromaFrenchClientweguaranteethatwhenourbidorofferquotegoesbeyondthespecifiedprice,wewillclosethepositionatexactlythepricespecified,inthiswayweguaranteethataFrenchClientwillnever losemorethantheamounthe invested inplacinganorder.Anopenpositioncanbeclosedat the initiativeofaFrenchClientbeforereachingtheGuaranteedStopLossOrderlevel.

PART21.GOVERNINGLAWANDJURISDICTION

21.1.GoverningLaw

Theinterpretation,construction,effectandenforceabilityoftheseTermsshallbegovernedbythelawsofCyprusandtheCompetentCourtforthesettlementofanydisputemayarisebetweenyouandtheCompanyshallbetheDistrictCourtofthedistrictinwhichtheCompany’sheadquartersarelocated.YouastheClientagreethatallTransactionscarriedoutontheCAPITAL.COMOnlineTradingPlatformaregovernedbythelawsofCyprusregardlessofthelocationoftheClient.

21.2.Jurisdiction

TheParties to theseTermssubmit to theexclusive jurisdictionof thecourtsofCyprus to settle any suit, action or other proceedings related to these Terms(“Proceedings”).

21.3.ProceedingsforPolishClients

Despite theprovisions in Section20.17herein, Polish clientsmayat their owndiscretionreferanyoftheProceedingsrelatedtotheseTermstothecompetentcourtsinPoland.

21.4.WaiverofImmunityandConsenttoEnforcement

You irrevocably waive to the fullest extent permitted by applicable Law, withrespect to yourself and your revenue and assets (irrespective of their use orintendeduse)allimmunityonthegroundsofsovereigntyorothersimilargroundsfromsuit;jurisdictionofanycourts;reliefbywayofinjunction,orderforspecificperformanceorforrecoveryofproperty;attachmentofassets(whetherbeforeor

afterjudgment);andexecutionorenforcementofanyjudgmenttowhichyouoryour revenues or assetsmight otherwisebe entitled in anyProceedings in thecourts of any jurisdiction and irrevocably agree that you will not claim anyimmunityinanyProceedings.YouconsentgenerallyinrespectofanyProceedingsto the giving of any relief or the issue of any process in connectionwith suchProceedings,including,withoutlimitation,themaking,enforcementorexecutionagainstanypropertywhatsoever(irrespectiveofitsuseorintendeduse)ofanyorderorjudgmentwhichmaybemadeorgiveninsuchProceedings.

21.5.ServiceofProcess

IfyouaresituatedoutsideofCyprus,processbywhichanyProceedingsinCyprusare begunmay be served on you by being delivered to the address in Cyprusnominatedbyyouforthispurpose.Thisdoesnotaffectourrighttoserveprocessinanothermannerpermittedbylaw.

PART22.PILLARIII

Following the implementation of the EURegulation 575/2013 the Company isrequiredtodiscloseinformationrelatingtoitscapitalaswellastherisksthattheCompany is exposed to. The Company’s policy is tomeet all required Pillar IIIdisclosure requirements as detailed in the Capital Requirements Regulation(CRR). This report is published on the Company’s websiteathttps://capital.com/pillar-3-disclosure

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