Equiti Securities Currencies Brokers LLC

‫م‬.‫م‬.‫س كور ت للوساطة العمﻼت ذ‬ ‫ا‬

EQUITI SECURITIES CURRENCIES BROKERS ‫م ش ة ذات م ول ة م ودة‬.‫م‬.‫لل سا ة الع ﻼت ذ‬ ‫ر‬ ‫اك ي س‬

LLC is a company incorporated with limited liability in
and existing under the laws of the United Arab ‫ة‬ ‫ة وم خ ة وم‬ ‫اﻹمارات الع ة ال‬ ‫ق ان‬ ‫ج‬ ‫م س ة وقائ ة‬
Emirates, under registration number 1642447,
("‫ة )"اله ة‬ ‫م ق ل ه ة اﻷوراق ال ال ة وال لع في اﻹمارات الع ة ال‬
licensed and regulated by the Securities and
Commodities of the United Arab Emirates (“SCA”) to ‫( ل ارسة ن ا وسا ة ت اول عق د‬20200000026) ‫ال خ ة رق‬ ‫ت‬
conduct brokerage trading of over-the-counter
derivatives and currencies in the spot market, under ‫ع لها‬ ‫ة والع ﻼت في ال ق الف ر و قع م‬ ‫ال‬ ‫قات غ‬ ‫ال‬
licence number 20200000026, having its principal ،‫ دبي‬، ‫ شارع ال خ زاي‬،2 ‫ ال اب‬،‫اﻷساسي في ب ا ة ﻻم رغ ي‬
place of business at Lamborghini Building, Floor 2,
Sheikh Zayed Road, Dubai, 117814, United Arab .(‫ة )اك ي‬ ‫ اﻹمارات الع ة ال‬،117814
Emirates (“ESCB”).

TERMS AND CONDITIONS ‫و واﻷح ام‬ ‫ال‬

IMPORTANT NOTICES: PLEASE READ ‫ ي جى الق اءة ع ا ة‬:‫مﻼح ات مه ة‬

CAREFULLY

ESCB PROVIDES AN EXECUTION-ONLY SERVICE .‫ال و واﻷح ام ال اثلة‬ ‫ج‬ ‫تق م اك ي خ مة ت ف اﻷوام فق‬
UNDER THESE TERMS AND CONDITIONS.

FOREX AND CFDS ARE COMPLEX ‫على‬ ‫ات معق ة ت‬ ‫إن الع ﻼت والعق د مقابل الف وقات هي م‬
ّ
INSTRUMENTS. THEY COME WITH A HIGH RISK
OF LOSING MONEY RAPIDLY DUE TO ‫عة فائقه‬ ‫ارة اﻷم ال‬ ‫ل‬ ‫عال ة و ق تع ض ال‬ ‫م ا‬
LEVERAGE. YOU SHOULD CONSIDER WHETHER
YOU UNDERSTAND HOW FOREX AND CFDS ‫عة الع ل في‬ ‫امل‬ ‫ ي جى ال أك م ان على فه‬.‫ال افعة ال ال ة‬
WORK, AND WHETHER YOU CAN AFFORD TO
INCUR LOSSES AND HAVE THE APPROPRIATE ‫ائ‬ ‫ت ل ال‬ ‫ وما إذا ان‬،‫الع ﻼت والعق د مقابل الف وقات‬
RISK APPETITE. A USEFUL EXPLANATION OF
THE RISKS ASSOCIATED WITH OUR ‫ات ا في وث قة إف اح‬ ‫ال ت ة‬ ‫ ي د ش ح مف لل ا‬. ‫وال ا‬
TRANSACTIONS IS SET OUT IN THE RISK
‫ال أك م‬ ‫عل‬ ‫وني و‬ ‫ال احة على م قع ا اﻻل‬ ‫ت ي ال ا‬
WARNING DISCLOSURE AVAILABLE ON OUR
WEBSITE. YOU SHOULD ENSURE YOU FULLY .‫ق ل ف ح أو إغﻼق أ صفقة‬ ‫أن تفه ت اماً تل ال ا‬
UNDERSTAND SUCH RISKS BEFORE OPENING
OR CLOSING A POSITION WITH US.
IMPORTANT SUMMARY ‫مه‬ ‫مل‬

These terms and conditions (the “Terms”) set ‫ال اثلة"( ش و‬ ‫ت د ال و واﻷح ام ال اثلة )"ال و‬
out the terms of the contract between you and
us for the provision of our Services. In ،‫ص‬ ‫ وعلى وجه ال‬.‫خ مات ا‬ ‫و ا لق‬ ‫العق ب‬
particular, the Terms govern each Position
.‫ل صفقة تف ها أو تغلقها مع ا‬ ‫ال و‬ ‫ت‬
you open or close out with us.

A current and definitive copy of these ‫ال اثلة‬ ‫و‬ ‫ال‬ ‫ة سار ة ال فع ل م‬ ‫ن‬ ‫ل‬ ‫س ف‬
Terms (as amended, restated or
supplemented from time to time) will be ‫ال‬ ‫أ عل ها م تع يل أو إعادة ص اغة أو اس‬ ‫ا‬ ‫)ح‬
available to you on our Website.
.‫وني‬ ‫م وق ﻵخ ( على م قع ا اﻹل‬

Trading in our Products is not appropriate for ‫ ﻻ ي غي‬.‫ع‬ ‫مع ال‬ ‫ات ا ﻻ ي اس‬ ‫إن ال اول في م‬
everyone. We consider that our Products
should only be traded by a person who: (i) has ‫( قادر على ت ل‬1) : ‫ات ا إﻻ م ق ل ش‬ ‫ال اول‬
the ability to bear a 100% loss of all funds
‫ل ق رة‬ (2) ‫ة و‬ ‫ م ج ع اﻷم ال ال‬٪100 ‫خ ارة‬
invested, and (ii) has a high-risk tolerance.
. ‫ل ال ا‬ ‫عال ة ل‬

Risks ‫ال ا‬

The value of the underlying financial ‫ق ت قل أسعار عق د الف وقات مع تقل ق ة اﻷدوات ال ال ة‬
instruments, to which you gain an exposure
through a CFD or another Product, may ‫ال ي ي‬ ‫ال أك م أن تفه ال ا‬ ‫ عل‬.‫اﻷساس ة‬
fluctuate. You should make sure you
understand the risks involved in trading our ‫قلة‬ ‫رة ال‬ ‫ل على ال‬ ‫ات ا وأن ت‬ ‫عل ها ال اول في م‬
Products and that you take appropriate
independent advice where necessary. .‫ورة‬ ‫ال اس ة ع ال‬

Our Products are leveraged and therefore ‫ات ا ل افعة مال ة و ال الي ت ل درجة عال ة م‬ ‫عم‬ ‫ت‬
carry a higher degree of risk than investing
directly in the underlying financial instrument ‫في اﻷداة ال ال ة‬ ‫مقارنة اﻻس ار ال اش‬ ‫ال ا‬
(such as regular share trading). Our Products
may not be suitable for every client. A further ‫ ق ﻻ ت ن‬.( ‫في اﻷسه‬ ‫اﻷساس ة )م ل ال اول العاد‬
detailed explanation of the risks associated
with trading our Products is set out in our Risk ‫لي إضافي ل ا‬ ‫ ي ج ش ح تف‬.‫ع‬ ‫ات ا م اس ة لل‬ ‫م‬
Warning Disclosure.
." ‫ات ا في "إف اح ت ي ال ا‬ ‫ال اول‬

You have no interest in the underlying ‫ﻻ ت ل أ حق ق في اﻷداة ال ال ة اﻷساس ة‬

financial instrument

Page 2 of 68
The trading of our Products does not give you ‫حق ق في اﻷداة ال ال ة‬ ‫ات ا أ‬ ‫ال اول في م‬ ‫ﻻ‬
a right to the underlying financial instrument,
because a CFD represents a notional value. ‫ على‬،‫ ﻷن العق د مقابل الف وقات ت ل ق ة أس ة‬،‫اﻷساس ة‬
For example, where the Product is a share
‫ن ال ج ع ارة ع عق ف وقات‬ ‫ ع ما‬،‫س ل ال ال‬
CFD you do not have an interest in the
underlying share, nor does the CFD grant you ‫ وﻻ‬،‫ فل ت ل م ل ة في ال ه اﻷساسي‬، ‫لل ه‬
a right of ownership in the underlying share.
.‫عق الف وقات ح ال ل ة في ال ه اﻷساسي‬

The trading you conduct with us is not ‫إن ع ل ات ال اول في عق د الف وقات ال ي ت ف ها مع ا ﻻ‬
conducted on an exchange or a Market. We
act as counterparty to a Position, and as such ‫ف‬ ‫ف‬ ‫ن‬ ‫ ن‬.‫ب رصة أو س ق مالي‬ ‫ت ف في أ‬
your Positions are notional and may not be
‫ و ال الي فإن صفقات‬، ‫مقابل في ع ل ات ال اول ال اصة‬
transferred.
.‫ز نقلها‬ ‫اس ة وﻻ‬
You are responsible for your decisions ‫ول ع ق ارات‬ ‫أن م‬
We provide an execution-only service. We do ‫إن ا نق م خ مة ال ف فق وﻻ ن ف ل أ خ مات اس ارة‬
not, and we will not, provide advice or
management in relation to a Position, your ‫أو‬ ‫أو م ف‬ ‫صفقات‬ ‫م‬ ‫أ‬ ‫أو إدارة ف ا ي عل‬
portfolio or your trading strategy. You must
‫على ح‬ ‫أن تع‬ . ‫ة ال اول ال اصة‬ ‫إس ات‬
rely on your own judgement or discretion (or
that of an independent third party advisor or ‫ار م قل م‬ ‫أو تق ي ك ال اص )أو أر اس ار أو م‬
consultant) in deciding whether or not to open
or close out a Position. .‫أن ف ح أو إغﻼق أ صفقة‬ ‫الغ ( ﻻت اذ أ ق ار‬

You must act only for yourself (as ‫فق )كأص ل( ول‬ ‫ف ع نف‬ ‫وت‬ ‫إن ت ل نف‬
principal) and not on behalf of others
(‫ل‬ ‫)ك‬ ‫ن ا ة ع اﻵخ‬
We will deal with you on the basis that you act ‫ل ي‬ ‫لع ش‬ ‫أص ل ول‬ ‫س ف ن عامل مع‬
as principal and not as agent for an
undisclosed person. This means that we will ‫اع ارك‬ ‫اﻹف اح ع ه وه ا ع ي أن ا س ف ن عامل مع‬
treat you as our client and the money in your
account as your money, for all purposes, and ‫هي أم ال‬ ‫ع ﻼً ل ا وأن اﻷم ال ال ج دة في ح ا‬
you will be directly and personally responsible
for performing your obligations under each ‫تف‬ ‫ة وم اش ة ع‬ ‫ل م ول ة ش‬ ‫ وس‬،‫ال اصة‬
Position you open or close out.
.‫ل صفقة تف ها أو تغلقها‬ ‫ج‬ ‫ال امات‬

If you act in connection with or on behalf of ‫أو ل‬ ‫ وس اء ق‬، ‫اَخ‬ ‫ف ناة ع ش‬ ‫ت‬ ‫إذا‬
someone else, whether or not you identify that
person to us, we will not accept that person as ‫ذل‬ ‫ فل نع‬،‫ل ا‬ ‫تق اﻹف اح ع ه ة ذل ال‬
an indirect customer of ours and we will not
‫ل أ ال ام‬ ‫ع ل غ م اش ل ا ول نق ل أو ن‬ ‫ال‬
accept or owe an obligation to them.
Furthermore, if another person operates your ‫آخ إدارة ح ا‬ ‫ إذا قام ش‬، ‫ اﻹضافة إلى ذل‬.‫ت اهه‬
account on your behalf we may terminate
these Terms or close any open Positions, ‫أو إغﻼق أ‬/‫ز ل ا ف خ ال و ال اثلة و‬ ، ‫ناة ع‬
without prior notice. .‫ دون ساب إن ار‬،‫صفقات مف حة‬

Page 3 of 68
Complaints ‫ال او‬

We take complaints very seriously and have ‫إج اءات داخل ة‬ ‫ل ج ّ ون‬ ‫ن عامل مع ال او‬
in place internal procedures to ensure that a
complaint is dealt with promptly and fairly. If ‫تغ‬ ‫ إذا‬.‫ل س ع وعادل‬ ‫ان إدارة ال‬ ‫ل‬
you would like to make a complaint, please
‫ش اك‬ ‫اب اً ل ق‬ ‫ ي جى ال اصل مع ا‬، ‫ش‬ ‫في تق‬
contact us in writing through the
communication methods set out below to ‫ س ل‬.‫رة أدناه‬ ‫ق ال اصل ال اب ة ال‬ ‫خﻼل‬ ‫م‬
raise your complaint. We will aim to
investigate and resolve your complaint to the ‫ق ار جه نا م أجل ال ق م وال د على ش اك خﻼل‬
best of our ability within forty days. Details of ‫اﻻ ﻼع على تفاص ل إج اءات ا ال عة‬ .ً‫ي ما‬ ‫أرع‬
our complaint procedure can be found on our
Website. .‫وني‬ ‫أن ال او على م قع ا اﻹل‬

Market abuse ‫ق‬ ‫إساءة ال عامل في ال‬

By trading with us you are likely subject to ‫أن إساءة ال عامل في ال ق‬ ‫ع ﻷن ة م لفة‬ ‫إن ت‬
various market abuse regimes. Accordingly,
you must not carry out trading activity that ‫أﻻ ت ف أ ن ا ت اول‬ ، ‫ وفقاً ل ل‬.‫ع ال اول مع ا‬
could be considered Market Abuse.
. ‫سل‬ ‫اول غ‬ ‫اع اره‬

If you carry out an activity which is reasonably ، ‫سل‬ ‫اول غ‬ ‫ل معق ل‬ ‫ع‬ ‫ب ف ن ا‬ ‫إذا ق‬
considered as obtaining as improper trading
we reserve the right to void or cancel part or ‫أو ج ع‬ ‫في إ ال أو إلغاء ع‬ ‫ال‬ ‫فإن ا ن ف‬
all of your Positions, close all of your trading
‫وف خ‬ ‫ وغﻼق ج ع ح ا ات ال اول ال اصة‬، ‫صفقات‬
accounts, terminate these Terms, seize your
improperly earned profits, or take such other ‫قة أو الق ام‬ ‫ال‬ ‫على أراح غ‬ ‫ال و ال اثلة وال‬
action that we consider appropriate.
.ً‫أ إج اء اخ ن اه م اس ا‬

THIS SECTION IS A SUMMARY OF SOME ‫اﻷح ام اﻷساس ة ال ي ت‬ ‫اً ل ع‬ ‫مل‬ ‫ل ه ا الق‬

KEY TERMS THAT GOVERN OUR
RELATIONSHIP WITH YOU. THIS SECTION ‫معل مات شاملة و‬ ‫ه ا الق‬ ‫عﻼق ا مع وﻻ ي‬
IS NOT EXHAUSTIVE AND MUST NOT BE ‫و‬ ‫ات اذ ق ار ال خ ل في ال‬ ‫ع م اﻻع اد عل ه ع‬
RELIED ON IN DECIDING TO ENTER INTO
THESE TERMS OR OPEN OR CLOSE OUT ‫عل‬ .‫صفقة مع ا‬ ‫ال اثلة أو ف ح أو إغﻼق أ‬
A POSITION WITH US. YOU MUST READ .‫و ال اثلة ال امل ق ل ال افقة عل ها‬ ‫اﻻ ﻼع على ال‬
THESE TERMS IN ITS ENTIRETY BEFORE
ACCEPTANCE.

Page 4 of 68
 SECTION 1 1 ‫الق‬
ACCOUNT OPENING ‫اب‬ ‫ف ح ال‬

Accepting you as a client ‫ع ل‬ ‫ق ل‬ 1-1

Client onboarding consists of various processes ‫اب م الع ي م اﻹج اءات م‬ ‫ت ن ع ل ة ف ح ال‬
and procedures which assess the suitability of
your application to become a client. Accordingly, ، ‫ ت عاً ل ل‬.ً‫ح ع ﻼ‬ ‫ل‬ ‫مﻼءمة ل‬ ‫م‬ ‫أجل تق‬
we reserve the right to decline an application to
‫ح ع ﻼً ح‬ ‫ل‬ ‫ل‬ ‫أ‬ ‫في رف‬ ‫ال‬ ‫ن ف‬
become a client, at our sole discretion and
without providing a reason. . ‫تق ي نا ال اص ودون إب اء أ س‬

Our relationship ‫عﻼق ا‬ 2-1

1.2.1 Our relationship with you is governed by ‫لل و ال اثلة وال اسات‬ ‫ع عﻼق ا مع‬ ‫ ت‬1-2-1
these Terms, the Policies and together
with the application form you submit to ‫تق مه ل ا‬ ‫ال‬ ‫اﻹضافة إلى ن ذج ال ل‬
us to apply for our Services.
.‫ل على خ مات ا‬ ‫لل‬

1.2.2 The Terms, your application form and ‫ال اثلة ون ذج ال ل‬ ‫ق اءة ال و‬ ‫ ي‬2-2-1
the Policies will read together to form our
client agreement (“Client Agreement”) ‫ل اتفاق ة الع ل )"اتفاق ة‬ ‫وال اسات معاً ل‬
and represent all of the terms agreed
‫عل ها‬ ‫الع ل"(وال ي ت ل ج ع ال و ال ف‬
between us regarding the Services we
provide to you. These Terms supersede ‫ ت ل‬. ‫ال مات ال ي نق مها ل‬ ‫ب ا ف ا ي عل‬
any earlier agreement between us
regarding the Services. It is important ‫اتفاق ة سا قة ب ا ف ا‬ ‫ال و ال اثلة م ل أ‬
that you read and understand the terms ‫ م ال ه أن تق أ وتفه ش و‬.‫ال مات‬ ‫ي عل‬
of the Client Agreement. The current
version of these Terms will be available ‫ س ن اﻹص ار ال الي م‬.‫اتفاق ة الع ل‬
for you to access online through our ‫لل ص ل إل ه ع‬ ‫ال اثلة م احاً ل‬ ‫ال و‬
Website.
.‫وني‬ ‫م قع ا اﻹل‬ ‫ع‬ ‫اﻹن ن‬

1.2.3 These Terms shall come into effect on ‫على‬ ‫ ي أ نفاذ ال و ال اثلة في تارخ م افق‬3-2-1
the later of the date you agree to these
Terms, or the date we open your ‫نف ح ف ه ح ا‬ ‫ال و ال اثلة أو ال ارخ ال‬
Account. These Terms shall continue
‫ال و ال اثلة ح ى‬ ‫ ت‬.ً‫– أيه ا أتي ﻻحقا‬
until they are terminated in accordance
with 0 (Event of default and termination). .8 ‫ي إنهاؤها وفقاً للق‬

Page 5 of 68
 Client classification ‫ف الع ل‬ ‫ت‬ 3-1

1.3.1 We are required to classify you as an ‫أو‬ ‫عاد‬ ‫ف‬ ‫م ال ن ب‬ ‫ ن‬1-3-1

Ordinary Investor, Professional Investor
or Counterparty. We may request ‫م‬ ‫ق ن ل‬. ‫فن‬ ‫ف أو‬ ‫م‬ ‫م‬
certain information from you as part of
‫ف الع ﻼء‬ ‫ء م ع لة ت‬ ‫معل مات مع ة‬
our client classification process and we
will inform you of your classification once ‫د أن ن هي م ه ه‬ ‫ف‬ ‫ل ي ا وس لغ ب‬
we have completed this process. We
require annual declarations from you ‫أن ب انات‬ ‫إق ارات س ة تف‬ ‫ ن ل م‬.‫الع ل ة‬
that your classification data has not ‫م ال‬ ‫ أن‬. ‫ل ت غ‬ ‫ف ال اصة‬ ‫ال‬
changed. You are required to update us
if there is a change in such data for any ‫في ه ه ال انات ﻷ‬ ‫إبﻼغ ا إذا ان ه اك تغ‬
reason at any time. . ‫في أ وق‬ ‫س‬

1.3.2 We will categorise and treat you as either ‫ف أو‬ ‫م‬ ‫ومعامل‬ ‫ف‬ ‫ س ق م ب‬2-3-1
a Professional Investor or a
Counterparty only if you are eligible to be ‫على‬ ‫ف‬ ‫م هﻼً ل‬ ‫إذا‬ ‫فق‬ ‫ف ن‬
categorised as such. You may only be
classified into one category. If you are ‫ إذا‬. ‫ف في ف ة واح ة فق‬ ‫ق ي ت‬. ‫ه ا ال‬
not eligible to be categorised as a
Professional Investor or Counterparty, ‫ف‬ ‫ف أو‬ ‫م‬ ‫ف‬ ‫م هﻼً ل‬ ‫ل ت‬
we will categorise you as an Ordinary
Investor. If we have classified you as a ‫ إذا ق ا‬. ‫عاد‬ ‫ف‬ ‫ ف‬، ‫ن‬
Professional Client or Counterparty, you
‫ز‬ ‫ف‬، ‫فن‬ ‫ف أو‬ ‫ع لم‬ ‫ف‬ ‫ب‬
may request us to classify you as an
Ordinary Investor as an exception. ‫ف‬ ‫ما ت‬ ‫اس اء أن ت ل‬ ‫ل‬
. ‫عاد‬

1.3.3 If you have been classified as a ‫عل‬ ‫ ف‬،‫ف‬ ‫م‬ ‫ف‬ ‫ إذا ت ت‬3-3-1
Professional Investor, you must notify us
as soon as reasonably practicable if you ‫ع ل اً إذا أخفق في‬ ‫إخ ارنا في أق ب وق م‬
fail to meet the conditions of a
‫ص عل ها‬ ‫ف ال‬ ‫ال‬ ‫تل ة ش و ال‬
Professional Investor set out in the SCA
Rulebook. .‫ق اع اله ة‬ ‫في‬

1.3.4 If we categorise you as a Professional ‫ف‬ ‫ف أو‬ ‫م‬ ‫ف‬ ‫ إذا ق ا ب‬4-3-1
Investor or Counterparty, you
understand that there are relevant ‫ت رك أن ه اك وسائل ح ا ة ذات‬ ‫ فأن‬، ‫ن‬
protections that are applicable to
‫وال ي غ‬ ‫العادي‬ ‫على ال‬ ‫صلة ت‬
Ordinary Investors that we would no
longer be required to provide pursuant to .‫ب ق ها وفًقا لل عل ات ال ارة‬ ‫مل م‬
Applicable Regulations.

Page 6 of 68
 KYC and CDD checks ‫ات ال اج ة ع‬ ‫وال‬ ‫ إج اءات اع ف ع ل‬4-1
‫الع ﻼء‬

1.4.1 Prior to opening your Account (and at ‫ س‬،( ‫ع ذل‬ ‫)وفي أ وق‬ ‫ ق ل ف ح ح ا‬1-4-1
any time thereafter), we will carry out or
refresh KYC and CDD checks in ‫ات‬ ‫وال‬
‫أو ن ّ ث إج اءات اع ف ع ل‬
accordance with Applicable Regulations
‫ال اج ة ع الع ﻼء وفقاً لل عل ات ال ارة‬
and our internal Policies and
requirements. You agree to promptly ‫على‬ ‫ت اف‬ ‫ل ات ال اخل ة ون‬ ‫وال اسات وال‬
provide us with all the information we
require from you. ‫ع ال عل مات ال ي ن ل ها‬ ‫ت و نا على الف ر‬
. ‫م‬

1.4.2 You agree and acknowledge that we ‫س ات‬ ‫ز ل ا اﻻس عانة‬ ‫أنه‬ ‫وتق‬ ‫ ت اف‬2-4-1
may use various organisations to verify
the details you have provided to us, ،‫م لفة لل ق م ال عل مات ال ي تق مها إل ا‬
including but not limited to, Acuris KYC6.
Acuris ، ‫ا في ذل على س ل ال ال ﻻ ال‬
.KYC6‫و‬

No responsibility for actions of an ‫ال ُ عِّ ف‬ ‫ول ة ع أفعال ال س‬ ‫ ان فاء ال‬5-1

Introducing Party

If you are introduced to us by a third party (an ،("‫ال ُ عِّ ف‬ ‫)"ال س‬ ‫ف ثال‬ ‫إل ا ع فة‬ ‫إذا ت تق‬
“Introducing Party”), you acknowledge and
agree that: :‫تق وت اف على ما يلي‬

(a) our responsibility is limited to our Services, ‫ وال ي ت ن ذات‬،‫م ول ا على خ مات ا‬ ‫تق‬ (‫)أ‬
which are execution-only in nature;
‫عة ت ف ة فق ؛‬

(b) we have no responsibility or obligation, and ‫ وﻻ نق م أ ض ان‬،‫ل أ م ول ة أو ال ام‬ ‫ﻻن‬ (‫)ب‬

give no warranty, representation or
endorsement, regarding the conduct, ‫فات ال س‬ ‫ب‬
‫ ف ا ي عل‬، ‫أو إق ار أو تأي‬
action, representation, advice, ‫ال ُ ع ِّ ف أو أفعاله أو تعه اته أو م رته أو‬
recommendation or statement of an
Introducing Party on which you have, or may ‫ت ص ه أو أ ب ان مق م م ه ت ن ق اع ت‬
have, relied on at the time of entering into, ‫دخ ل‬ ‫عل ه أو ر ا ت ن اع ت عل ه في وق‬
or during the life cycle, of a Position;
‫أ صفقة أو أث اء س انها؛‬

Page 7 of 68
(c) subject to Applicable Regulations, we have ‫ل أ م ول ة أو ال ام لل ق م ال ضع‬ ‫ﻻن‬ (‫)ج‬
no responsibility or obligation to verify the
legal standing or regulatory status of an ّ‫ال ُ عِّ ف إﻻ‬ ‫ي لل س‬ ‫القان ني أو ال ضع ال‬
Introducing Party;
‫في ح ود م وﻻي ا القان ن ة وفقاً لل عل ات‬
‫ال ارة؛‬

(d) you understand that we may pay such ‫ال ُ عِّ ف‬ ‫ز ل ا دفع رس م ال س‬ ‫أن ت رك أنه‬ (‫)د‬
Introducing Party fees in connection with
your trading activities; you understand that ‫؛ أن على‬ ‫ة ال اول ال اصة‬ ‫أن‬ ‫ف ا ي عل‬
we may be paying such Introducing Party
fees in connection with your trading ‫د ار ة أن ا ق ن فع رس م ال س ال ُ عِّ ف ه ه ف ا‬
activities. Such fees may be in the form of
commissions, mark-ups or mark-downs, on ‫ ق ت ن ه ه‬. ‫ي عل أن ة ال اول ال اصة‬
a per trade basis, or any other form as
agreed between us and an Introducing Party ‫أو‬ ‫ال س م في ش ل ع ﻻت أو م اس‬
from time to time; and ‫ش ل‬ ‫ أو أ‬،‫ على أساس ل ت اول‬،‫ات‬ ‫ت ف‬
‫ال س‬ ‫ال ف عل ه ب ا و‬ ‫آخ على ال‬
‫ﻵخ ؛ و‬ ‫ال ُ عِّ ف م وق‬

(e) unless we have confirmed otherwise to you :‫ا ًة‬ ‫ل خﻼف ذل‬ ‫ما ل ن‬ (‫)ه‬
in writing:
(i) an Introducing Party is an independent ‫م قل‬ ‫ف ثال‬ ‫ال ُ ع ِّ ف ه‬ ‫ال س‬ (1)
intermediary;
‫ع ا؛‬
(ii) an Introducing Party is not our agent, ‫و ل ا أو م ل ا أو‬ ‫ال ُ ع ِّ ف ل‬ ‫ال س‬ (2)
representative or Affiliate; and
‫ا؛ و‬ ‫ش‬

(iii) an Introducing Party is not authorised to ‫إ إق ار أو‬ ‫ال ُ ع ِّ ف تق‬ ‫لل س‬ ‫ﻻ‬ (3)
make a representation or statement
regarding us, our Affiliates or our
Services. ‫ات ال ا عة ل ا أو‬ ‫ب ان ي عل ب ا أو ال‬

.‫خ مات ا‬

Page 8 of 68
 Operating your Account through an ‫ف ثال مف ض‬ ‫م قل‬ ‫إدارة ح ا‬ 6-1
Authorised Third Party

1.6.1 In order to appoint an Authorised Third ‫وو الة‬ ‫اب تع‬ ‫ال ق ع على‬ ‫عل‬ 1-6-1
Party, an appointment letter and limited
power of attorney, in the form acceptable ‫مع‬ ‫ل ي ا وف ا ي اف‬ ‫خاصة ال ذج ال ع‬
to us and in accordance with the SCA
،‫مف ض‬ ‫ف ثال‬ ‫ق اع اله ة ل ع‬ ‫ك‬
Rulebook, will be signed by you
addressed to the Authorised Third Party ‫وال الة ال اصة إل ا‬ ‫اب ال ع‬ ‫تجه‬ ‫و‬
and us. Such appointment letter and
limited power of attorney will form part of ‫اب‬ ‫ ع‬.‫ال ف ض‬ ‫ولى ال ف ال ال‬
these Terms. .‫وال الة خاصة ج ءاً م ال و ال اثلة‬ ‫ال ع‬

1.6.2 Where you decide to appoint an ‫مف ض ﻹدارة‬ ‫ف ثال‬ ‫ ع ما تق ر تع‬2-6-1

Authorised Third Party to manage or
operate your Account, you do so at your ‫على م ول‬ ‫تق م ب ل‬ ‫ فإن‬، ‫ح ا‬
own risk.
.‫ال اصة‬

1.6.3 You will remain liable for an act or ‫ س قى م وﻻً ع أ فعل أو إغفال م ق ل أ‬3-6-1
omission by an Authorised Third Party.
We will rely on Orders or other ‫على‬ ‫مف ض م ق ل وس ف نع‬ ‫ف ثال‬
instructions given to us by the Authorised ‫اﻷوام أو ال عل ات ال ق مة إل ا م ق ل ال ف‬
Third Party, and we will accept and act
‫ه ه اﻷوام أو‬ ‫ وس ق م ب ف‬،‫ال ف ض‬ ‫ال ال‬
on such Orders or other instructions in
good faith and without further enquiry or ‫ن ة ودون أ اس ف ار آخ ول‬ ‫ال عل ات‬
further monitoring of the Authorised ‫نق م ال أك أو م اق ة ام ال ال ف ال ال‬
Third Party’s compliance with
‫لل ف‬ ‫ﻷ أوام أو تعل ات م‬ ‫ال ف ض م‬
instructions relating to the application of
trading or investment strategies. ‫اس ات ات‬ ‫ال ف ض ف ا ي عل ب‬ ‫ال ال‬
.‫ت اول مع ة‬

Account Security : ‫معل مات اﻷم‬ 7-1

1.7.1 It is your responsibility to keep your ‫على س ة‬ ‫م ول ة ال فا‬ ‫ تقع على عاتق‬1-7-1
Security Information confidential.
. ‫معل مات اﻷم‬

1.7.2 Other than when you securely access ‫م ف ا وش ائ ا وم ي ا‬ ‫ إن ا ) ا في ذل‬2-7-1

your Account, we, including our
employees, associates, directors, ً‫أب ا‬ ‫ات ال ا عة ل ا( ل ن ل م‬ ‫وو ﻼئ ا وال‬
agents and Affiliates, will never ask you
‫ ل‬.‫اب‬ ‫لل‬ ‫دخ ل‬ ‫إﻻ ع‬ ‫معل مات اﻷم‬
for your Security Information. We will

Page 9 of 68
 never ask you for your username or ‫م أو ل ة ال ور‬ ‫أب اً اس ال‬ ‫م‬ ‫ن ل‬
password and you should not share such
Security Information with another ‫رة مع‬ ‫أﻻ ت ارك معل مات اﻷم ال‬ ‫و‬
person. You agree that you will not
‫ت ف ع‬ ‫ل‬ ‫على أن‬ ‫آخ وت‬ ‫ش‬
disclose your Security Information to
another person. . ‫آخ‬ ‫إلى أ ش‬ ‫ال اصة‬

SECTION 2 2 ‫الق‬
OUR ACTIVITIES AND SERVICES ‫ا وخ مات ا‬ ‫أن‬

Our business model ‫ن ذج الع ل ال اص ب ا‬ 1-2

2.1.1 Deal on execution-only, non-advisory ‫اس ار‬ ‫فق وغ‬ ‫ ال عامل على أساس ت ف‬1-1-2
and non-management basis. We deal
on an execution-only basis; we do not ‫ ن عامل على أساس ال ف فق وﻻ‬: ‫إدار‬ ‫وغ‬
advise on the merits of particular
Positions, the timing or amount of a ‫أو‬ ‫ أو ت ق‬، ‫أن أ صفقات‬ ‫نق م أ م رة‬
deposit or withdrawal of funds, or their
tax consequences, and we do not ‫ أو ال عات‬،‫اﻷم ال‬ ‫م لغ إي اع أو س‬
provide any management services.
.‫ وﻻ نق م أ خ مات إدارة‬،‫ة‬ ‫ال‬

2.1.2 Straight through processing broker. straight through ) ‫الف ر‬ ‫ال ف‬ ‫ وس‬2-1-2
We are a straight through processing ‫فر نف‬ ‫تف‬ ‫وس‬ ‫ ن‬processing):
broker and quote the prices provided to
‫لة‬ ‫ونع ض اﻷسعار ال ي ق مها إل ا م ود ال‬
us by certain Liquidity Providers from
whom we source prices electronically ‫ون اً م‬ ‫ل م ه على اﻷسعار إل‬ ‫ن‬ ‫ال ي‬
through our Electronic Trading Services. .‫ون ة ال اصة ب ا‬ ‫خﻼل خ مات ال اول اﻹل‬
Subject to sub-clause 2.1.3below, such ‫ ت ل اﻷسعار‬،‫ أدناه‬3-1-2 ‫الف عي‬ ‫وفقاً لل‬
quotes represent prices at which we are
‫على اس ع اد‬ ‫ال ف ة وال ع وضة اﻷسعارال ي ن‬
prepared to deal with our clients.
.‫لل عاق بها مع ع ﻼئ ا‬

2.1.3 A quote is not an offer to open or ‫ اﻷسعار ال ف ة وال ع وضة ﻻ ت ل ع ض لف ح‬3-1-2

close a Position. A quote provided by ‫اﻷسعار ال ف ة‬ ‫ تع‬:‫أو إغﻼق صفقات‬
us is indicative only and is not an offer to
‫وال ع وضة أسعار إرشاد ة فق وﻻ ت ل ع ض‬
open or close a Position at the quoted
price. A Position is opened at the quoted ‫فح‬ ‫ ي‬. ‫لف ح صفقة أو إغﻼقها ال ع ال ف‬
price only once an Order is accepted by .‫ال فقة ال ع ال ف ع ق ل اﻷم م ق ل ا‬
us.

Page 10 of 68
2.1.4 No reliance. We will not, and are : ‫عل ا أن نق م إل‬ ‫ ل نق م و‬4-1-2
prohibited from, providing you with:

(a) advice on the merits of a Position; ‫أن أ ال فقة؛‬ ‫رة‬ ‫ال‬ (‫)أ‬
(b) recommendations in relation to an ‫فقة مف حة؛‬ ‫ال ص ات ال علقة‬ (‫)ب‬
open Position; or
(c) investment, legal, regulatory, ‫ة‬ ‫اﻻس ارات اﻻس ارة أو القان ن ة أو ال‬ (‫)ج‬
accounting, tax or other forms of ‫ة أو غ ذل م أش ال‬ ‫أو ال اس ة أو ال‬
advice in respect of a Position.
.‫أ صفقة‬ ‫رة ف ا ي عل‬ ‫ال‬

You should not rely on an opinion, research or ‫أو ت ل ل ص ح أو‬ ‫أو‬ ‫على أر‬ ‫أﻻ تع‬
analysis expressed or published by us or our
Affiliates as being a recommendation or advice in ‫ات ال ا عة ل ا اع اره‬ ‫ر م ق ل ا أو م ق ل ال‬ ‫م‬
relation to a Position.
.‫أ صفقة‬ ‫ت ص ة أو م رة ف ا ي عل‬

2.1.5 Information not representation on :‫ ﻻ ت ل ال عل مات إق ا اًر ال اس ة‬5-1-2

appropriateness.

In the course of our Services to you, we may, at

ً‫وفقا‬ ‫ ق ن ح إل‬، ‫في س اق ال مات ال ي نق مها إل‬
our absolute discretion, provide you with:
:‫ ما يلي‬، ‫ل ق ي نا ال ل‬
(a) information in respect of a Position ‫فقة )خاص ًة ف ا ي عل‬ ‫معل مات م علقة‬ (‫)أ‬
(specifically in respect of related procedures
and risks and method of minimising such
risks); and ‫قة تقل ل تل‬ ‫ذات ال لة و‬ ‫اﻹج اءات وال ا‬

‫(؛ و‬ ‫ال ا‬

(b) market views, trading ideas or other ‫في ال ق أو أف ار ال اول أو‬ ‫وجهات ال‬ (‫)ب‬
information, including information about our
Products and Services or make other ‫معل مات ح ل‬ ‫ا في ذل‬ ، ‫ال عل مات اﻷخ‬
statements to you concerning investments
and investment strategy. ‫ف ا‬ ‫إل‬ ‫ات ا وخ مات ا أو اﻹدﻻء ب انات أخ‬ ‫م‬
.‫ة اﻻس ار‬ ‫اﻻس ارات واس ات‬ ‫ي عل‬
In providing you with such information we make ‫اا‬ ‫ ﻻ نق م أ إق ار ف ا ي عل‬،‫ب و ك به ه ال عل مات‬
no representation as to the merits, risks or
appropriateness of an Order, Position, ‫ة‬ ‫أم أو صفقة أو إس ات‬ ‫أو م اس ة أ‬ ‫أو م ا‬
investment strategy or market condition.
‫ ﻻ ت ل ال عل مات ال ق مة م‬.‫اس ار أو حالة ال ق‬
Information provided by us is not a
recommendation, nor will it represent a ‫ ول ت ل تق اً شامﻼً أو م ققاً لل فقة أو‬،‫ق ل ا ت ص ًة‬
comprehensive or verified assessment of the

Page 11 of 68
Position or the relevant market. You should not ‫معل مات أو‬ ‫أﻻ ت عامل مع أ‬ .‫ال لة‬ ‫ال ق ذ‬
treat any information or statement, including
information about our Products and Services, as ،‫ات ا وخ مات ا‬ ‫ا في ذل ال عل مات ال علقة‬ ،‫ب ان‬
investment advice on the appropriateness of any
‫اس ار‬ ‫م اس ة أ‬ ‫على أنها م رة اس ارة ح ل م‬
investment for you.
. ‫ل‬

Nevertheless, if one of our employees makes a ‫ إذا أدلى أح م ف ا ب ان )س اء اس ا ًة ل ل‬، ‫ومع ذل‬
statement (whether in response to your request
for information or otherwise) regarding a ‫أن صفقة أو‬ ( ‫ذل‬ ‫ل على معل مات أو غ‬ ‫لل‬ ‫م‬
Position, Product or the market, you
acknowledge and agree that you will not be ‫ل‬ ‫ فإن تق وت اف على أنه ل‬،‫م ج أوحال ال ق‬
entitled to rely on such statement as investment
advice or a recommendation. .‫رة أو ت ص ة اس ارة‬ ‫اﻻع اد على ذل ال ان‬

2.1.6 Independent appraisal. When you ‫ ع ما ت ع أم اً أو‬:‫ ال ق وال ق ال قل‬6-1-2

place an Order or open or close a
Position, you represent that you have ً‫تق ا‬ ‫ فإن تق أن ق أج‬،‫تف ح صفقة أو تغلقها‬
made your own independent appraisal ‫ال فقة أو اﻻس ار أو‬ ‫حلم ا‬ ً‫م قﻼً خاصا‬
into the risks of the Position, investment
or investment strategy. You represent ‫ال ع فة ال اف ة وال ار ة‬ ‫أن ل‬ ‫ تق‬.‫اس ات ة اﻻس ار‬
that you have sufficient knowledge, ‫م رة مه ة م قلة ﻹج اء‬ ‫ة أو أن ال‬ ‫ال ق وال‬
market sophistication, experience, or
that you have sought independent .‫ال ت ة ال اول مع ا‬ ‫ال اص لل و وال ا‬ ‫تق‬
professional advice, to make your own
evaluation of the merits and risks
associated in trading with us.

2.1.7 No fiduciary duty. Unless specifically ‫ ما ل ي اﻻتفاق على وجه‬:‫اﻷمانة‬ ‫ ان فاء واج‬7-1-2
agreed between us in writing, providing
a Service to you will not give rise to any ‫ال مة‬ ‫على تق‬ ‫ ل ي ت‬،ً‫ي ب ا اب ا‬ ‫ال‬
fiduciary or equitable duties on our part, ‫ات ال ا عة ل ا أو‬ ‫ت ل ا أو ت ل ال‬ ‫إل‬
on part of our Affiliates or our employees.
‫على أن‬ ‫ ت اف‬.‫اﻷمانة‬ ‫واج‬ ‫م ف ا أ‬
You agree that nothing contained in
these Terms will create a fiduciary, ‫م شأنه أن‬ ‫ن‬ ‫ال و ال اثلة ت ل م أ‬
trustee, agency, joint venture or ‫ل عﻼقة أمانة أو وصا ة أو و الة أو م وع‬
partnership relationship between you
‫و‬ ‫و ا أو ب‬ ‫ك أو عﻼقة ش اكة ب‬ ‫م‬
and us, you and our Affiliates or you and
our employees. .‫م ف ا‬ ‫و‬ ‫ات ال ا عة ل ا أو ب‬ ‫ال‬

Page 12 of 68
 Investment Services ‫خ مات اﻻس ار‬ 2-2

We provide brokerage trading in over-the- ‫ة والع ﻼت‬ ‫ال‬ ‫قات غ‬ ‫نق م وسا ة ت اول عق د ال‬
counter derivatives and currencies in the spot
market. . ‫في ال ق الف ر‬

Products ‫ات‬ ‫ال‬ 3-2

Our list of Products will be updated on our ‫وني م‬ ‫ات ا على م قع ا اﻹل‬ ‫قائ ة م‬ ‫ت ي‬
Website from time to time. Please note that you
should not assume that we will agree to offer ‫أن تف ض أن ا س اف‬ ‫ ي جى العل أنه ﻻ‬. ‫ﻵخ‬ ‫وق‬
some or all of these Products to you. Our ‫ت ي‬ ‫ س‬. ‫ات إل‬ ‫أو ج ع ه ه ال‬ ‫ع‬ ‫على تق‬
willingness to offer one or more Products to you
‫وفقاً لل اسات‬ ‫إل‬ ‫م ج واح أو أك‬ ‫رغ ا في تق‬
will be determined by our internal Policies and
such other factors and considerations we ‫ال اخل ة مع اﻷخ اﻹع ار الع امل واﻻع ارات اﻷخ‬
determine at our sole discretion. . ‫ﻵخ‬ ‫ال ي ن دها وفقاً ل ق ي نا ال اص م وق‬

Communications on our Services ‫ات ا‬ ‫مات ا وم‬ ‫ال اصل ال عل‬ 4-2
and Products

We may contact you to discuss our Services and ‫ وت اف على‬،‫ات ا‬ ‫ق ن اصل مع ل اق ة خ مات ا وم‬
Products, and you agree that we may call you
without an express invitation to do so. We may ‫ق‬. ‫ةبل‬ ‫ز ل ا ال اصل مع دون دع ة ص‬ ‫أنه‬
also provide you with general trading
‫اً معل مات ت اول عامة وتعل قات على ال ق‬ ‫أ‬ ‫ن ف إل‬
recommendations, market commentary and
other information on our Platform, Website, ‫وني أو م‬ ‫ا أو م قع ا اﻹل‬ ‫على م‬ ‫ومعل مات أخ‬
through electronic communications or otherwise
and you agree that we may contact you in such ‫ وت اف على أنه‬، ‫ذل‬ ‫ون ة أو غ‬ ‫خﻼل اﻻت اﻻت اﻹل‬
a way without an express invitation to do so. The ‫ة‬ ‫قة دون دع ة ص‬ ‫به ه ال‬ ‫ز ل ا ال اصل مع‬
fact that we make such a call or otherwise
contact you does not imply that we consider our ‫ وﻻ ع ي ق ام ا إج اء ه ه ال ال ة أو ال اصل مع‬، ‫ب ل‬
Services or Products suitable for you or that we ‫ات ا م اس ة ل أو‬ ‫خ مات ا أو م‬ ‫أن ا نع‬ ‫قة أخ‬
are providing you with a personal
recommendation or advice. .‫ة‬ ‫أن ا نق م ل ت ص ة أو م رة ش‬

Page 13 of 68
 SECTION 3 3 ‫الق‬
PLACING AN ORDER ‫أم ل فقه‬ ‫تق‬

Overview ‫ن ة عامة‬ 1-3

3.1.1 You may open or close out a Position ‫ف ح أو إغﻼق صفقة مع ا )س اء ان‬ 1-1-3
with us (whether as a “buy” or a “sell”),
by placing an Order at the quoted price. ‫ال ع‬ ‫أم‬ ‫تق‬ ‫ ع‬،("‫"ش اء" أو "ب ع‬
.‫ال ع وض‬
3.1.2 A quote is based on either: : ‫ال ع على أ م‬ ‫ ع‬2-1-3

(a) the bid and offer price of the ‫قة في ال ق‬ ‫ال اء وال ع اﻷداة ال‬ ‫سع‬ (‫)أ‬
applicable instrument on the
Underlying Market; or ‫اﻷساسي؛ أو‬
(b) the bid and offer price quoted on .‫ة‬ ‫سع ال اء وال ع ال ع وض على ال‬ (‫)ب‬
the Platform.

3.1.3 A quote we provide to you is valid only ‫ن صالح فق في‬ ‫نق مه إل‬ ‫ إن ال ع ال‬3-1-3
at the time it has been provided and is
subject to change. Therefore, spreads, ‫ع‬ ‫ ول ل ق ت‬، ‫ع لل غ‬ ‫تق ه وق‬ ‫وق‬
market spreads as well as the cost of ‫ف وق اﻷسعار وف وق اﻷسعار‬ ‫ل‬ ‫لل غ‬
opening or closing out a Position
‫في ال ق و ل ت لفة ف ح أو إغﻼق أ صفقة‬
change significantly depending on the
prevailing market conditions and our ‫وف ال ق ال ائ ة وال ع‬ ‫اع اداً على‬
quoted price. .‫ال ع وض ل ي ا‬

Placing an Order ‫اﻷم‬ ‫تق‬ 2-3

3.2.1 You may place an Order electronically ،‫ة‬ ‫ون اً م خﻼل ال‬ ‫اﻷم إل‬ ‫تق‬ 1-2-3
through the Platform, unless we notify
you that instructions for an Order can be ‫ال عل ات ال اصة‬ ‫ك إم ان ة تق‬ ‫ما ل ن‬
given in an alternative manner.
.‫قة ب يلة‬ ‫اﻷم‬
3.2.2 We will only act upon an Order once ‫اء على أم أو أ تعل ات أخ‬
ً ‫فب‬ ‫ ل ن‬2-2-3
received by us and we will have no
liability to you for any loss or damage ‫د اس ﻼم ا لها ول ن ل أ م ول ة‬ ‫إﻻ‬
that may arise from delayed receipt of
‫خ ارة أو ض ر ق ي أ ع‬ ‫أ‬ ‫ع‬ ‫ت اه‬
an Order, or non-receipt of an Order.

Page 14 of 68
 ، ‫تعل ات أخ‬ ‫في اس ﻼم اﻷم أو أ‬ ‫ال أخ‬
. ‫أو ع ع م اس ﻼم اﻷم أو تعل ات أخ‬

Right not to accept an Order ‫في ع م ق ل اﻷم‬ ‫ال‬ 3-3

We may, but have no obligation to, accept an . ‫ ق ل أم أو تعل ات أخ‬،‫ ب ون أدنى ال ام‬،‫ز ل ا‬
Order. If we decline an Order, we will not be
obligated to give you a reason. We shall, subject ً‫ وفقا‬. ‫إب اء أس اب ل‬ ‫ فل ن ن مل م‬، ‫ا اﻷم‬ ‫إذا رف‬
to Applicable Regulations, promptly notify you if
‫ا‬ ‫لل عل ات ال ارة س ق م إخ ارك على الف ر إذا رف‬
we decline an Order, but will not be liable for any
expense, loss or damage you incur by reason of ‫ع أ نفقات أو خ ائ أو‬ ‫ ل ا ل ن ن م ول‬، ‫اﻷم‬
an omission to notify you.
.‫ع م إخ ارك‬ ‫أض ار تل‬

Amending an Order ‫تع يل اﻷم‬ 4-3

Once given, an Order may only be withdrawn or .‫افق ا‬ ‫ز س ه أو تع يله إﻻ‬ ‫ ﻻ‬، ‫أم‬ ‫د تق‬
amended with our consent.

Cancellation of an Order ‫إلغاء اﻷم‬ 5-3

A request to cancel an Order may only be .‫افق ا‬ ‫إلغاء أم إﻻ‬ ‫ل نق ل ل‬

accepted by us if we have not acted upon such
Order.

Order handling ‫ت ف اﻷم‬ 6-3

3.6.1 Order Execution Policy: : ‫ س اسة ت ف اﻷوام‬1-6-3

(a) We execute orders in accordance ‫نق م ب ف اﻷوام وفقاً ل اسة ت ف اﻷوام ال اصة‬ (‫)أ‬
with our Order Execution Policy, a
copy of which is available on our .‫وني‬ ‫ة م ها على م قع ا اﻹل‬ ‫ وال ي ت ف ن‬،‫ب ا‬
Website. The Order Execution
Policy is part of these Terms. By .‫س اسة ت ف اﻷوام ج ءاً م ال و ال اثلة‬ ‫تع‬
accepting these Terms, you
consent to the Order Execution ‫ فإن ت اف على س اسة ت ف‬،‫ق ل لل و ال اثلة‬
Policy.
. ‫اﻷوام‬

Page 15 of 68
 (b) We shall use our reasonable ،‫على الف ر‬ ‫اﻷم‬ ‫س ل جه دنا ال عق لة ل ف‬ (‫)ب‬
endeavours to execute an Order
promptly, but in accepting your ‫ فإن ا ﻻ ن‬، ‫ع ق ل اﻷم ال اص‬ ‫ول‬
Order we do not warrant that it will
‫ت ف ذل اﻷم أو أن اﻷم‬ ‫أنه س ن م ال‬
be possible to execute such Order
or that the Order will be executed ‫ س ق م ب ف اﻷم فق‬. ‫س ت ف ه وفقاً ل عل ات‬
according to your instructions. We
‫ن ال ق ال ع ي أو ال ق اﻷساسي‬ ‫ع ما‬
shall carry out an Order only when
the relevant Market or Underlying ‫أم ت اس ﻼمه‬ ‫ وس عامل مع أ‬،‫مف حاً لل اول‬
Market is open for dealing, and we
shall deal with an Order received
‫خارج ساعات ال ق أو ال ق اﻷساسي في أق ب‬
outside Market or Underlying ‫ن ال ق ال ع ي أو‬ ‫ ع ما‬،ً‫ع ل ا‬ ‫وق م‬
Market hours as soon as
practicable, when that relevant ‫ال ق اﻷساسي مف حاً للع ل ع ذل )وفقاً لق اع‬
Market or Underlying Market is next ،‫اﻷح ان‬ ‫ في ع‬.(‫ذل ال ق أو ال ق اﻷساسي‬
open for business (in accordance
with the rules of that Market or ً‫ق ي ت على ذل ح ل على سع أقل تف ﻼ‬
Underlying Market). On occasion, ‫ تق وت اف على أن ا ل ن ن‬.‫د ت ف أم ك‬
this may result in you obtaining a
less favourable price once your ‫ال ع‬ ‫ل على ذل‬ ‫ة ال‬ ‫ن‬ ‫ت اه‬ ‫م ول‬
Order has been executed. You .ً‫ﻼ‬ ‫اﻷقل تف‬
acknowledge and agree that we will
not be liable to you as a result of
such less favourable price being
obtained.

3.6.2 Aggregation of an Order: We reserve ‫ع اﻷم‬ ‫في ت‬ ‫ال‬ ‫ ن ف‬: ‫ع اﻷوام‬ ‫ ت‬2-6-3
the right to aggregate your Order with
Orders placed by other clients. . ‫مع اﻷوام ال ق مة م ع ﻼء آخ‬ ‫ال اص‬
Aggregation means that we may
‫ع ع ي أن ا ق ن ع أوام ك مع أوام‬ ‫ال‬
combine your Order with those of other
clients for execution as a single Order. ‫ في‬. ‫م أجل ت ف ها أم واح‬ ‫الع ﻼء اﻵخ‬
On occasion, aggregation may result in
you obtaining a less favourable price ‫ل‬ ‫ع إلى ال‬ ‫ال‬ ‫ ق ي د‬،‫اﻷح ان‬ ‫ع‬
once your Order has been executed. ‫د ت ف اﻷم ال اص‬ ً‫ﻼ‬ ‫على سع أقل تف‬
You acknowledge and agree that we
will not be liable to you as a result of ‫ول ة‬ ‫ل ال‬ ‫ن‬ ‫على أن ا ل‬ ‫وت اف‬ ‫ تق‬.
such less favourable price being ‫اﻷقل‬ ‫ال ع‬ ‫ل على ذل‬ ‫ة ال‬ ‫ن‬ ‫ت اه‬
obtained.
.ً‫ﻼ‬ ‫تف‬

Authority ‫ال ﻼح ات‬ 7-3

3.7.1 You authorise us to act on an Order ‫اء على أم أو‬ً ‫ إن ت ا ال ﻼح ة ال ف ب‬1-7-3

given by you, orally or in writing,
through authorised channels such as ‫ م‬،ً‫ س اءاً شفه اً أو اب ا‬، ‫تعل ات مق مة م‬
the Platform, live chat, or through
‫ة أو ال ردشة‬ ‫ح بها م ل ال‬ ‫خﻼل الق ات ال‬

Page 16 of 68
 specified phone, e-mail or instant ‫وني أو ق ات‬ ‫اﻹل‬ ‫الهاتف أو ال‬ ‫ال ة أو ع‬
messaging channels.
.‫دة‬ ‫ال اصل الف ر ال‬

3.7.2 You agree that: :‫ ت اف على ما يلي‬2-7-3

(a) you shall hold us harmless from ‫ائ وال ال ف‬ ‫ج ع ال‬ ‫أن ت أ ذم ا م‬ (‫)أ‬
all losses, costs, fees, damages,
expenses, claims, suits, demands ‫وال ال ات‬ ‫وفات‬ ‫وال‬ ‫واﻷض ار‬ ‫وال س م‬
and liabilities whatsoever that we
‫واﻻل امات أ اً ان ن عها وال ي‬ ‫وال عاو وال ال‬
may suffer or incur or that may be
brought against us, in any way ‫ وال ي‬،‫لها أو ال ي تُ فع ض نا‬ ‫ب ا أو ن‬ ‫ق تل‬
relating to or arising out of our
acting upon any such ‫ش ل م اﻷش ال ع ت ف ا‬ ‫ل أو ت أ أ‬ ‫ت‬
instructions, Orders or ‫اء على أ تعل ات أو أوام أو معل مات ن لقاها‬
ً ‫ب‬
information received from you;
‫م ؛‬

(b) you shall bear the risk of all ‫ال ات ة ع ج ع ال عل ات ال ق مة‬ ‫ل ال ا‬ ‫ت‬ (‫)ب‬
Orders or instructions given on
the Platform. You shall hold us ‫ائ‬ ‫أن ت أ ذم ا م ج ع ال‬ .‫ة‬ ‫على ال‬
harmless from all losses, costs,
‫وفات‬ ‫وال‬ ‫واﻷض ار‬ ‫وال س م‬ ‫وال ال ف‬
fees, damages, expenses,
claims, suits, demands and ‫ول ات أ اً ان‬ ‫وال ال ات وال عاو وال ل ات وال‬
liabilities whatsoever if it
transpires that any such Order or ‫ح‬ ‫م‬ ‫غ‬ ‫رة ان‬ ‫تعل ات م‬ ‫أن أ‬ ‫إذا ت‬
instruction was unauthorised, or ‫م اس ة أو اح ال ة؛ و‬ ‫بها أو غ‬
fraudulent; and

(c) you shall indemnify us against ‫لها أو ق‬ ‫أن ت أ ذم ا م أ ال امات ق ن‬ (‫)ج‬

any liabilities that we may incur or
that may arise as the result of ‫ة ل عاو ق ائ ة أو إج اءات قان ن ة أخ‬ ‫ت أن‬
legal or other actions brought
‫في‬ ‫ف ا أو ال أخ‬ ‫ت‬ ‫ وال ي ت أ ع‬،‫ض نا‬
against us, arising out of our
acting upon, delay in acting upon ‫اء على أ ٍ م تل‬
ً ‫ال ف أو رف ال ف ب‬
or refusal to act upon any such
Order, instructions or information. .‫ال عل ات أو أوام أو ال عل مات‬

3.7.3 Without derogating from the above, we ‫ ل ن ن مل م‬،‫ دون اﻻن قاص م ا ورد أعﻼه‬3-7-3
will not be obligated to act in
accordance with an Order or instruction ‫ا نع ق‬ ‫إذا‬ ‫ف وفقاً لل عل ات واﻷوام‬ ‫ال‬
if we reasonably believe that:
:‫ل معق ل أن‬

Page 17 of 68
 (a) the person who provided such an ‫ق م م ل ه ه ال عل ات واﻷوام‬ ‫ال‬ ‫ال‬ (‫)أ‬
Order or instruction was acting in
excess of their authority; ‫ف ا ي اوز صﻼح اته؛‬ ‫ي‬

(b) acting upon such an Order or ‫اء على م ل ه ه ال عل ات واﻷوام م‬

ً ‫فب‬ ‫ال‬ (‫)ب‬
instruction would infringe upon
Applicable Regulations, our ‫الف ال عل ات ال ارة أو ال اسات أو‬ ‫شأنه أن‬
Policies or these Terms; or
‫ال و ال اثلة؛ أو‬

(c) in the event that we have ‫في حالة ق ل ا ﻷم ن ﻻحقاً في أنه قع ض‬ (‫)ج‬
accepted an Order that we later
suspect falls within sections (a) or ً‫ وفقا‬،‫ ز ل ا‬، ‫)أ( أو )ب( م ه ا ال‬ ‫الق‬
(b) of this clause, we may, in our ‫ إما إغﻼق ه ه ال فقات ال ع‬، ‫ل ق ي نا ال ل‬
absolute discretion, either close
out such Positions at the then ‫ة أو ال عامل مع تل‬ ‫ال ائ ال عل آن اك في ال‬
prevailing price quoted on the . ‫ال فقة أنها ل ت‬
Platform or treat that Position as
having been void from the outset.

3.7.4 Nothing in this clause 3.7(Authority) will ‫ "ال ﻼح ات" أ ال ام‬7-3 ‫ ﻻ ي أ ع ه ا ال‬4-7-3
be construed as an obligation on our
part to inquire about the authority of a ‫ال‬ ‫م جان ا لﻼس عﻼم ع صﻼح ة ال‬
person who purports to represent you.
. ‫ل‬ ‫ي ع أنه‬

Control of an Order ‫في اﻷم‬ ‫ال‬ 8-3

We have the right to, at our discretion, set a limit ‫في ق رت‬ ‫ وضع ح أو مع ار لل‬،‫ وفقاً ل ق ي نا‬،‫ل ا‬
or a parameter to control your ability to place an
Order or to give instructions. Such limit or ‫أو ال ع ار‬ ‫تع يل ه ا ال‬ .‫أم أو تعل ات‬ ‫على تق‬
parameter may be amended, increased,
:‫ل‬ ‫ وق‬،‫أو زادته أو تقل له أو إزال ه أو اﻹضافة إل ه‬
decreased, removed or added, and may
include:
(a) the Margin requirements; ‫م ل ات الهام ؛‬ (‫)أ‬
(b) maximum Order amount and maximum ‫اﻷق ى ل‬ ‫اﻷق ى ل لغ اﻷم وال‬ ‫ال‬ (‫)ب‬
Order size;
‫اﻷم ؛‬
(c) our total exposure to you; ‫ان اف ا ال لي م ؛‬ (‫)ج‬
(d) the price at which an Order may be ‫ على‬،‫ل‬ ‫ت ف اﻷم عل ه )ل‬ ‫ال ع ال‬ (‫)د‬
submitted (to include (without limitation)
controls over an Order which is at a price ‫ن‬ ‫على أم‬ ‫ضا‬، ‫س ل ال ال ﻻ ال‬
that differs from the market price at the time
‫تق‬ ‫سع ال ق في وق‬ ‫لف ع‬ ‫ع‬
the Order is submitted); and
‫اﻷم ( ؛ و‬

Page 18 of 68
(e) any other limit or parameter which we may
ً‫قه وفقا‬ ‫أ ح أو مع ار آخ ق ن اج إلى ت‬ (‫)ه‬
be required to implement in accordance
with Applicable Regulations, Policies and
these Terms. .‫لل اسات ولل عل ات ال ارة وال و ال اثلة‬

Position limits imposed by a Market, ‫ق‬ ‫ق أو ال‬ ‫ح ود ال فقات ال ي ف ضها ال‬ 9-3
an Underlying Market or us
‫اﻷساسي أو ن‬

A limit on your Positions may be imposed by a ‫م ق ل ال ق أو ال ق‬ ‫ز ف ض ح على صفقات‬

Market or an Underlying Market and we may
require you to limit the number of open Positions ‫ت ي ع د ال فقات ال ف حة ال ي‬ ‫اﻷساسي وق ن ل م‬
which you may have with us at any time and we
‫مع ا في أ وق وق نق م وفقاً ل ق ي نا ال اص‬ ‫ق ت نل‬
may in our sole discretion close out one or more
Positions in order to ensure that such Position ‫م أجل ال فا على ح ود‬ ‫إغﻼق صفقة واح ة أو أك‬
limits are maintained.
.‫رة‬ ‫ال فقة ال‬

Trading relationship ‫عﻼقة ال اول‬ 10-3

Our trading relationship with you is subject to :‫ع عﻼقة ت اول مع ا ل ا يلي‬ ‫ت‬
the following:
(a) the terms and conditions of a Market or ‫ ا في‬،‫ش و وأح ام ال ق أو ال ق اﻷساسي‬ (‫)أ‬
Underlying Market, including an
intermediate, executing or clearing ‫ال قاصة؛‬ ‫ال ف أو وس‬ ‫أو وس‬ ‫ذل ال س‬
broker;
(b) Applicable Regulations; ‫ال عل ات ال ارة؛‬ (‫)ب‬
(c) Policies; and ‫ال اسات؛ و‬ (‫)ج‬
(d) other terms agreed between us. .‫ال ف عل ها ب ا‬ ‫ال و اﻷخ‬ (‫)د‬

Market action ‫ق‬ ‫ ح ة ال‬11-3

،‫اء ي ث على ال فقة‬ً ‫إذا ات س ق ما أو س ق أساسي إج‬
If a Market or an Underlying Market takes an
action which affects a Position, or becomes
insolvent or is suspended from operating, then ‫زلا‬ ٍ ‫ ع ئ‬،‫ أو في حال إ قاف أع اله‬،ً‫أو أص ح مع ا‬
we may take any action, including an action
،‫إج اء ق ي ث على ال فقة أو ال و ال اثلة‬ ‫ات اذ أ‬
which may affect a Position or these Terms,
which we, in our discretion, consider necessary ‫ائ‬ ‫ نع ها ض ورة ل ف ف ال‬،‫ وفقاً ل ق ي نا‬،‫وال ي‬
to mitigate losses incurred. Such actions will be
binding on you. . ‫ على أن ت ن ه ه اﻹج اءات مل مة ل‬،‫ة‬ ‫ال‬

If a Market or an Underlying Market makes an ‫ص‬ ‫إذا قام س ق ما أو س ق أساسي إج اء اس ف ار‬

enquiry in respect of you, an Authorised Third
Party, or a Position, you agree to co-operate ‫ ت اف على ال عاون‬،‫مف ض أو صفقة‬ ‫ف ثال‬ ‫أن‬ ‫أو‬
with us and to promptly supply the information

Page 19 of 68
requested, taking into account Applicable ‫ال عل مات ال ل ة على الف ر مع م اعاة‬ ‫مع ا وتق‬
Regulations.
.‫ال عل ات ال ارة‬

Governmental, regulatory and law ‫ة والقان ن ة‬ ‫م ة وال‬ ‫ اﻹج اءات ال‬12-3

enforcement Action
If a governmental, inter-governmental or ‫ة أو ذات ة‬ ‫إذا ات ت ه ة أو و الة أو إدارة أو ه ة ت‬
supranational body, agency, department or
regulatory, self-regulatory or other authority or ‫أو أ سل ة أو م س ة ح م ة أو ات اد ة أو ف ق‬ ‫ال‬
organisation anywhere in the world takes an
‫اء ي ث على عﻼق ا‬
ً ‫و ة في أ م ان في العال إج‬
action which affects our relationship with you or
a Position, then we may take such action, which ‫ ز ل ا ات اذ أ إج اء ح ا نع ه في‬،‫أو على صفقة‬
we in our discretion, consider necessary.
.ً‫تق ي نا ض ور ا‬

If an authority listed above makes an enquiry in ‫رة أعﻼه إج اء اس ف ار‬ ‫اله ات ال‬ ‫إح‬ ‫إذا قام‬
respect of you or a Position, you agree to co-
operate with us and promptly supply the ‫على ال عاون مع ا‬ ‫ ت اف‬،‫أن صفقة‬ ‫أو‬ ‫ص‬
information requested to us and the relevant
‫وت و نا على الف ر ال عل مات ال ل ة إل ا وال ل ة‬
authority, taking into account Applicable
Regulations. .‫ة مع م اعاة ال عل ات ال ارة‬ ‫ال‬

Confirmations and Account ‫اب‬ ‫ف ال‬ ‫ال أك ات و‬ 13-3

Statements

3.13.1 Subject to the particular terms of a ‫ س سل إل‬،‫ال اصة ال فقة‬ ‫ وفقاً لل و‬1-13-3
Position, we shall send you a
confirmation at the end of each trading ‫ل‬ ‫تأك اً في نها ة ل ي م ت اول ي ضح ال ف‬
day detailing the Positions that have
‫ال فقات ال ي ت ف ها أو إغﻼقها في ي م‬
been opened or closed out on that
particular trading day. Such ‫ س ن ه ا ال أك م احاً على‬.‫د‬ ‫ال اول ال‬
confirmation will be available on the
Platform or on any other electronic ‫ون ة أخ‬ ‫وس لة إل‬ ‫ة أو على أ‬ ‫ال‬
medium determined by us. It is your ‫إبﻼغ ا إذا ل‬ ‫ول ة ع‬ ‫ل ال‬ ‫ ت‬.‫ن دها‬
responsibility to inform us if you do not
receive a confirmation, or if a ‫ أو إذا ان ال أك أو ال عل مات‬،ً‫ت ل تأك ا‬
confirmation or if information relating to ‫ س ن‬.‫فقة مع ة غ ص ة‬ ‫ال علقة‬
a particular Position is incorrect. A
confirmation will, in the absence of ‫ال أك نهائ اً ومل ماً ل في حالة ع م وج د خ أ‬
manifest error, be conclusive and
binding on you, unless we receive an ‫ ما ل ن ل اع اضاً اب اً خﻼل خ ة‬، ‫اه‬
objection in writing within five Business ‫أ في‬ ‫ك‬ ‫ أو ن‬،‫أ ام ع ل م اﻻس ﻼم‬
Days of receipt, or we notify you of an
error in the confirmation within the same ‫ف‬ ‫ س ودك‬.‫خﻼل الف ة نف ها‬ ‫ال أك‬
period. We will provide you with ‫ة‬ ‫وني م خﻼل ال‬ ‫اب في ش ل إل‬ ‫ال‬
Account Statements in electronic form
through the Platform or on any other ‫وني آخ ن ده وفقاً لل عل ات‬ ‫إل‬ ‫أو أ وس‬

Page 20 of 68
 electronic medium determined by us in ‫ل‬ ‫اب ه ه‬ ‫ف ال‬ ‫ س‬.‫ال ارة‬
accordance with Applicable
Regulations. Such Account Statements ‫عام تأك ات لل فقات ورص ال اول في نها ة‬
will generally include confirmations of
‫قة‬ ‫)ال‬ ‫ائ في ح ا‬ ‫ال م واﻷراح وال‬
Positions, your end of day trading
balance and the profits and losses in ‫م ول ة‬ ‫ تقع على عاتق‬.(‫قة‬ ‫ال‬ ‫وغ‬
your Account (realised and unrealised).
It is your responsibility to check your ‫في أ‬ .‫ع ا ة‬ ‫فح ا‬ ‫ال ق م‬
Account Statement carefully. You may . ‫معل مات ع حالة ل ات‬ ‫ل‬ ‫وق‬
at any time request information on the
status of your Orders.

3.13.2 You have the right to comment or object ‫ف‬ ‫أو اﻻع اض على‬ ‫ال عل‬ ‫ل‬ 2-13-3
to an Account Statement within 30 days
from receiving it. Any disputes arising ‫ س‬.‫ ي ماً م اس ﻼمه‬30 ‫ن‬ ‫اب في غ‬ ‫ال‬
out of an Account Statement will be ‫اب‬ ‫ف ال‬ ‫ال عامل مع أ ن اعات ت أ ع‬
handled by our Compliance
.‫اﻻم ال ل ي ا‬ ‫م قلق‬
Department.

Market abuse and conduct ‫ق وم الفات ال ل ك‬ ‫ال‬ ‫ال ﻼع‬ 14-3

If we reasonably believe that you (including an (‫ل ال ف ض‬ ‫ل معق ل أن ) ا في ذل ال‬ ‫إذا اع ق نا‬
Authorised Representative) have, or have
attempted to, manipulate our quote, execution ‫في ع ض اﻷسعار ال ق م م ا‬ ‫ال ﻼع‬ ‫أو حاول‬ ‫ق ق‬
process or the Platform, or have attempted
‫ال ق أ‬ ‫ أو حاول ال ﻼع‬،‫ة‬ ‫أو ع ل ة ال ف أو ال‬
some form of Market Abuse, we may in our
discretion, without notice to you, do one or more ‫ دون ساب إن ار‬،‫ز ل ا وفقاً ل ق ي نا‬ ،‫ش ل م اﻷش ال‬
of the following (to the extent permitted by
Applicable Regulations): ‫ج‬ ‫م ا يلي ) الق ر ال ائ‬ ‫ الق ام ب اح أو أك‬، ‫ل‬
:(‫ال عل ات ال ارة‬
(a) claim any money you owe us under a ‫صفقة‬ ‫ةأ‬ ‫أم ال ل ا ن‬ ‫في حال ي ص في ذم‬ (‫)أ‬
Position;
‫ل ا ال ال ة به ه م الغ؛‬
(b) treat all of your open Positions as void ‫)ب( اع ار ج ع صفقات ال ف حة أنها ل ت ؛‬
from their inception;
(c) withhold or set-off against any funds ‫ة‬ ‫في أنها م‬ ‫أم ال ن‬ ‫)ج( اس ق اع أو مقاصة أ‬
which we suspect to have been derived
from such activities; ‫ة؛‬ ‫م م ل ه ه اﻷن‬
(d) close out your open Positions; ‫إغﻼق صفقات ال ف حة؛‬ (‫)د‬
(e) adjust the Equity in your Account; ‫اب؛‬ ‫تع يل رص ال‬ (‫)ه‬
(f) suspend or terminate your Account; ‫أو إنهاء ح ا ؛‬ ‫تعل‬ (‫)و‬
(g) terminate these Terms without the need ‫م‬ ‫ال اثلة دون ال اجة إلى أم‬ ‫إنهاء ال و‬ (‫)ز‬
for a court order; and
‫ة؛ و‬ ‫ال‬

Page 21 of 68
(h) take such other action as we consider .ً‫ات اذ أ إج اء آخ ن اه م اس ا‬ (‫)ح‬
appropriate.

You agree that you will not engage in Market ‫ أو ت ل‬،‫ال ق‬ ‫ت اف على أن ل ت ارك في ال ﻼع‬
Abuse, or require or encourage another to do
so, or otherwise contravene similar ‫ أو ت عارض أ‬، ‫اً آخ على الق ام ب ل‬ ‫ع ش‬ ‫أو ت‬
requirements under Applicable Regulations.
.‫ال عل ات ال ارة‬ ‫ج‬ ‫ابهة‬ ‫ل ات ال‬ ‫ش ل مع ال‬

You warrant, represent and undertake that you ‫وتق وت عه أن على د ار ة تامة وتفه ال عل ات‬ ‫ت‬
are aware of, and understand the, Applicable
Regulations relating to Market Abuse. You ‫على أنه‬ ‫ وتق وت اف‬.‫ال ق‬ ‫ال ارة ال علقة ال ﻼع‬
acknowledge and agree that we may monitor
‫ل ال اماً قان ن اً ب ق‬ ‫ وأن ا ن‬،‫ز ل ا م اق ة أوام ك‬
your Orders, and that we have a legal obligation
to make certain reports to the relevant ‫عل مات‬ ‫ وت و ها‬،‫ة‬ ‫تقار مع ة إلى ال ل ات ال‬
authorities, and to supply information to them
about you and your Positions. . ‫وع صفقات‬ ‫ع‬

Anti-money laundering ‫م اف ة غ ل اﻷم ال‬ 15-3

3.15.1 To the extent that this section applies to ‫ في ل م ة تق م‬، ‫عل‬ ‫ق ار ان اق ه ا الق‬ 1-15-3
you, you represent, warrant and
undertake to us and, furthermore, each ‫ أنه‬،‫ف ها ل ا أم اً أو تف ح أو تغل صفقة مع ا‬
time you give us an Order or open or
:‫وت عه ل ا‬ ‫اع ارك أن تق وت‬ ‫س‬
close out a Position with us, you will be
deemed to represent, warrant and
undertake to us that:
(a) you are now and will be at all ‫عات‬ ‫ع ال‬ ‫ت ل م في ج ع اﻷوقات‬ ‫أن‬ (‫)أ‬
times, acting in compliance with
all applicable legislation, ‫أن غ ل‬ ‫وال عل ات واﻹرشادات ال ارة‬
regulations and guidance
‫اﻷم ال؛ و‬
concerning anti-money
laundering; and
(b) the funds that we receive from ‫ﻼت‬ ‫أن ج ع اﻷم ال ال سلة ل ا ﻻ ت ل م‬ (‫)ب‬
you do not represent the
proceeds of criminal or terrorist ‫اه‬ ‫م سل ك إج امي أو ن ا إرهابي أو ما‬
activity or an activity of a similar
. ‫ذل‬
nature.

3.15.2 We may cease to act without ‫في‬ ‫ز ل ا ال قف في ال عامل مع دون تف‬ 2-15-3
explanation in certain circumstances.
You agree that we will have no liability ‫ل أ‬ ‫ن‬ ‫على أن ا ل‬ ‫وف مع ة وت اف‬
to you in respect of any liabilities to the ‫ال امات الق ر‬ ‫أ‬ ‫م ول ة ت اه ف ا ي عل‬
extent that they arise out of, or in
‫نة‬ ‫ام ال ا‬ ‫ت أ ع أو ف ا ي عل‬ ‫ال‬
connection with, our compliance in
good faith with the requirements of the ،‫عات م اف ة غ ل اﻷم ال ال ارة‬ ‫ل ات ت‬ ‫ل‬

Page 22 of 68
 applicable anti-money laundering ‫ أو أ أح ام‬، ‫وتع يﻼتها وتغ اتها م وق ﻵخ‬
legislation, as varied or amended from
time to time, or any other statutory . ‫قان ن ة أخ‬
provisions

Inactive Accounts ‫ا ات ال اك ة‬ ‫ ال‬16-3

3.16.1 We consider an Account to be dormant ‫( ل‬1) :‫ع ما‬ ‫ن‬ ‫اب راك أو غ‬ ‫ال‬ ‫ نع‬1-16-3
or inactive when: (i) there have been no
open Positions on the Account for a ‫اب ل ة‬ ‫ه اك أ ة صفقات مف حة في ال‬ ‫ت‬
period of 3 years, (ii) there has been no
‫في‬ ‫ت ي‬ ‫ه اك أ‬ ‫( ل‬2) ،‫ س ات‬3
update in your data or personal
information for a period of 3 years; or ،‫ س ات‬3 ‫ة لف ة‬ ‫ب انات أو معل مات ال‬
(iii) as otherwise required by Applicable
Regulations. ‫م قل‬ ‫ا ه م ل ب خﻼف ذل‬ (3) ‫أو‬
.‫ال عل ات ال ارة‬

3.16.2 We will notify you if your Account is ‫راك أو غ‬ ‫ س ق م إخ ارك إذا ان ح ا‬2-16-3
dormant or inactive in accordance with
Applicable Regulations and you will be ‫ات اذ‬ ‫م‬
‫ن وفقاً لل عل ات ال ارة وسُ ل‬
required to take certain steps to activate
‫ح ا أو إغﻼقه خﻼل‬ ‫خ ات مع ة ل‬
or close your Account within a certain
timeframe. We may deactivate your ‫إذا ان‬ ‫ ق نق م ب ع ل ح ا‬.‫ف ة زم ة مع ة‬
Account if it has been dormant or
inactive. . ‫ن‬ ‫راك أو غ‬

3.16.3 You may reactivate your Account by ‫اﻻت ال‬ ‫ع‬ ‫ح ا‬ ‫إعادة ت‬ 3-16-3
contacting us and following the steps
advised to you. If you do not wish to ‫ إذا‬.‫ات ال ي ت إخ ارك بها‬ ‫ب ا وات اع ال‬
activate your Account, you can contact
‫اﻻت ال ب ا‬ ‫ف‬، ‫ح ا‬ ‫في ت‬ ‫ﻻ تغ‬
us to close your Account and the
relevant provisions of 0 (Event of ‫اﻷح ام ذات ال لة في‬ ‫وس‬ ‫ﻹغﻼق ح ا‬
default and termination) will apply to
your termination of these Terms and ‫ "حالة اﻹخﻼل واﻹنهاء" على إنهاء‬8 ‫الق‬
closure of your Account. . ‫ال و ال اثلة وغﻼق ح ا‬

Page 23 of 68
 SECTION 4 4 ‫الق‬

EQUITY, MARGIN AND LEVERAGE ‫وال افعة ال ال ة‬ ‫اب والهام‬ ‫رص ال‬

Equity, Margin and Free Margin ‫وال افعة ال ال ة‬ ‫اب والهام‬ ‫ رص ال‬1-4

4.1.1 The balance of your Account is the sum ‫اب ه ال لغ اﻹج الي‬ ‫ ال ص اﻹح الي في ال‬1-1-4
of money in your Account which
comprises of realised profit or loss, as ‫ ح‬،‫ائ ال ققة‬ ‫ن م اﻷراح أو ال‬ ‫ال‬
the case may be (the “Balance”). For
،‫ لل ض ح‬.("‫اﻹح الي‬ ‫ى ال ال )"ال ص‬ ‫مق‬
the avoidance of doubt, profit or loss
becomes realised in the Account once ‫إغﻼق صفقة‬ ‫ع‬ ‫ائ‬ ‫اﻷراح أو ال‬ ‫ت ق‬
an open Position is closed. The equity
of your account is the total of the (i) ‫ع )أ( ال ص‬ ‫اب ه م‬ ‫ال‬ ‫ رص‬.‫مف حة‬
Balance and (ii) unrealised (floating) ‫ ح‬، ‫ائ‬ ‫اﻹج الي و)ب( اﻷراح أو ال‬
profit or loss, as the case may be, on
your open Positions (the “Equity”). ‫ال ققة )العائ ة( م‬ ‫ غ‬،‫ى ال ال‬ ‫مق‬
.("‫اب‬ ‫ال فقات ال ف حة )"رص ال‬

4.1.2 Margin means the portion of your Equity ‫اب‬ ‫ال‬ ‫رص‬ ‫ال الغ م‬ ‫ل تل‬ ‫ الهام‬2-1-4
that is utilised to open one or more
Positions (the “Margin”). For the .(" ‫)"الهام‬ ‫مة لف ح صفقة أو أك‬ ‫ال‬
avoidance of doubt, Margin is not
‫م ال لغ ال ف‬ ‫الهام‬ ‫ ﻻ ي خ‬،‫لل ض ح‬
deducted from the calculation of your
Equity. .‫اب‬ ‫في رص ال‬

4.1.3 Margin can neither be used to open ‫لف ح صفقة ج ي ة وﻻ‬ ‫ام الهام‬ ‫اس‬ ‫ ﻻ‬3-1-4
another Position nor be withdrawn from
your Account. . ‫س هم ح ا‬

4.1.4 The portion of your Equity that is not ‫م هام‬ ‫اب الغ م‬ ‫ إن ال ء م رص ال‬4-1-4
Margin is free margin (the “Free
Margin”). Free Margin may be used to ‫ز‬ ‫"( و‬ ‫ال‬ ‫)"الهام‬ ‫ال‬ ‫الهام‬ ‫ه‬
open another Position or can be
‫لف ح صفقة ج ي ة و‬ ‫ال‬ ‫ام الهام‬ ‫اس‬
withdrawn from your Account.
. ‫س هم ح ا‬

4.1.5 You agree to maintain at all times, ‫ دون ل‬،‫ ت اف على اﻻح فا في ج ع اﻷوقات‬5-1-4
without demand from us, Margin
requirements for the Positions in your . ‫لل فقات في ح ا‬ ‫ل ات الهام‬ ،‫م ا‬
Account. You agree that we are entitled ‫ل ا ت ي م ل ات الهام‬ ‫وت اف على أنه‬

Page 24 of 68
 to determine the Margin requirements ‫ت ي‬ ‫ ع‬. ‫وفقاً ل ق ي نا ال اص وال ل‬
in our sole and absolute discretion. In
setting your Margin requirements, we ‫ نأخ في اﻻع ار‬، ‫ال اصة‬ ‫م ل ات الهام‬
take into consideration multiple factors ،‫ال عل ات ال ارة‬ ‫ا في ذل‬ ‫ع امل م ع دة‬
including Applicable Regulations, your
‫ وتارخ وأن ا‬،‫اب‬ ‫ رص ال‬،‫ال ص اﻹج الي‬
Equity, your Balance, your trading
history and patterns, your trading style, ، ‫ وأسل ب ال اول ال اص‬، ‫ال اول ال اصة‬
your trading experience, the potential ‫لة‬ ‫ وال قل ات ال‬، ‫وخ ة ال اول ال اصة‬
volatility of the Products you are
‫ال ار ي‬ ‫ وال قل‬،‫ات ال ي ت اولها‬ ‫لل‬
trading, the historical volatility of the
Products you are trading, etc. Our ‫ن‬ . ‫ وما إلى ذل‬،‫ات ال ي ت اولها‬ ‫لل‬
determination of your Margin .ً‫حاس ا‬ ‫ال اصة‬ ‫ل ات الهام‬ ‫ت ي نا ل‬
requirements shall be conclusive.

Margin Calls and Auto Stop-Out ‫ا َﻻ لي‬ ‫وال‬ ‫ ن اء الهام‬2-4

4.2.1 If the Equity falls below an amount that ‫اب أقل م‬ ‫ال‬ ‫ في حال أص ح م لغ رص‬1-2-4
equals to one hundred percent of your
Margin, your Account will enter into a ‫اب في ن اء‬ ‫ ي خل ال‬، ‫ م الهام‬%100
margin call (the “Margin Call”).
.(" ‫)"ن اء الهام‬ ‫الهام‬

4.2.2 If your Equity falls to or below an ‫ أو‬%30 ‫او‬ ‫اب إلى ما‬ ‫ ان فاض رص ال‬2-2-4
amount that equals to thirty percent (or
such other percentage as prescribed by ( ‫ن دها م وق إلى اَخ‬ ‫أقل )أو أ ن ة أخ‬
us from time to time) of your Margin, an
‫إغﻼق‬ ‫ ي د إلى ال قف اﻻَلي وس‬، ‫م الهام‬
auto-stop-out will occur, whereby some
or all of your open Positions will ‫أو ج ع صفقات ال ف حة م خﻼل ن ام‬ ‫ع‬
automatically be closed out by the
automated risk management system, in ‫أجل رفع رص‬ ‫ م‬،‫ال لقائي‬ ‫إدارة ال ا‬
order to bring your Equity above the .("‫ا َﻻ لي‬ ‫اب إلى ال لغ ال ل ب )"ال‬ ‫ال‬
required amount (the “Auto Stop-
Out”). We do not discretionarily ‫ ق ق م ن ام‬. ‫ل تق ي‬ ‫إن ا ﻻ ن ي م ف‬
manage your portfolio. The automated ‫ال لقائي أوﻻً إغﻼق ال فقات‬ ‫إدارة ال ا‬
risk management system may
automatically first close out the open ‫قم ع‬ ‫ وق‬،‫خ ارة‬
‫ال ف حة ال ي ت ل أك‬
Positions that carry the greatest loss.
The automated risk management ‫ذل إغﻼق ع ٍد م ال فقات ال ف حة اﻹضاف ة‬
system may then close out such ‫اب إلى ما ه‬ ‫على ال الي ح ى ي تفع رص ال‬
number of additional open Positions
successively until the Equity in your ‫أن تعل أن ن ام‬ .‫أعلى م ال لغ ال ل ب‬
Account is above the required amount. ‫ال لقائي ال اص ب ا ق غل ج ع‬ ‫إدارة ال ا‬
You should be prepared for the
automated risk management system to .‫صفقات ال ف حة‬
close out all your open Positions.

Page 25 of 68
4.2.3 In the event of a Margin Call, you may, ‫ع الهام‬ ‫اب إلى ما ي‬ ‫ لغا ة رفع رص ال‬3-2-4
in order to bring your Equity above your
Margin: ، ‫اب إلى ن اء الهام‬ ‫في حال وص ل ال‬
:‫أن‬

(a) close one or more of your open ‫م صفقات ال ف حة؛‬ ‫تغل واح ة أو أك‬ (‫)أ‬
Positions;

(b) deposit funds in your Account; or ‫اب؛‬ ‫ت دع أم ال إضاف ة في ال‬ (‫)ب‬

(c) a combination of both. .ً‫معا‬ ‫م ج م اﻻث‬ (‫)ج‬

4.2.4 Provided that you have not opted out of ‫أن ل تق إلغاء اﻻش اك في تلقي رسائل‬ 4-2-4
receiving systematic emails, and in the ‫ وفي حالة ع م وج د أ‬،‫ة‬ ‫وني م‬ ‫إل‬ ‫ب‬
absence of any system errors or
‫ب اء‬ ‫ س لغ‬،‫أخ اء أو أع ال في ال ام‬
malfunctions, we will inform you of a
Margin Call immediately. Nonetheless, ‫ ت اف وتق‬، ‫ و ال غ م ذل‬.‫على الف ر‬ ‫الهام‬
you agree and acknowledge that it is ‫اب وال فا على‬ ‫ل م ول ة م اق ة ال‬ ‫أن ت‬
your responsibility to monitor your ‫في‬ ‫ل ات الهام‬ ‫رص ح اب افي لﻼل ام‬
Account and always that you maintain
‫ أن ت رك وت اف على أن الهام‬.‫ج ع اﻷوقات‬
sufficient Equity to meet your Margin
‫ أن‬. ‫س ن م احاً ل‬ ‫ال ح ال اص‬ ‫ال‬
requirements at all times. You
understand and agree that your only ،‫ في ج ع اﻷوقات‬، ‫ت عه أن ت ف في ح ا‬
Free Margin will be available to you. ٍ
. ‫اف ل ل ة م ل ات الهام ال اصة‬ ‫بهام‬
You undertake that you will maintain in ‫ع أو ل ت ن قاد اًر‬ ‫تع ق أن ﻻ ت‬ ‫إذا‬
your Account, at all times, sufficient
‫ف‬، ‫ال اصة‬ ‫على تل ة م ل ات الهام‬
Margin to meet your Margin
requirements. If you believe that you
‫ل الهام‬ ‫تقل ل ال فقات ال ف حة أو ت‬ ‫عل‬
cannot or will not be able to meet your ‫ل ل ة م ل ات الهام‬ ‫ال افي إلى ح ا‬
Margin requirements, you should ‫ال ص ل إلى تفاص ل م الغ‬ . ‫ال اصة‬
reduce your open Positions or transfer ‫قة ل ا م خﻼل‬ ‫ال ي ت فعها أن أو ال‬ ‫الهام‬
adequate Margin to your Account to
.‫ة‬ ‫ال‬
satisfy your Margin requirements. You
may access details of Margin amounts
which are paid by you or due to us
through the Platform.

Page 26 of 68
 Leverage ‫ ال افعة ال ال ة‬3-4

4.3.1 Leverage is a mechanism through ‫م ف ح صفقة ق ة‬ ‫ ال افعة ال ال ة هي آل ة ت‬1-3-4

which you are able to open a Position
for a value that is higher than the ‫ع‬ ‫ات ا ت‬ ‫ ن اً ﻷن م‬. ‫أعلى م ق ة الهام‬
amount of Margin. As our Products are
‫ت ل ن ةم‬ ‫ فإن أم ال الهام‬،‫لل افعة ال ال ة‬
leveraged, Margin funds only part of the
Position and we finance the remainder. .‫ال فقة وال اقي ي ت له م ق ل ا‬

4.3.2 Leverage is expressed as a ratio such 1 :10 ‫ة م ل‬ ‫ع ال افعة ال ال ة‬ ‫ ي ال ع‬2-3-4

as 10:1, 100:1, 200:1 or 400:1. The ‫ ل ا زادت‬.1 :500 ‫ أو‬1 :200 ‫ أو‬1 :100 ‫أو‬
higher ratio of leverage you use, the
‫ قل الهام‬،‫مها‬ ‫ن ة ال افعة ال ال ة ال ي ت‬
less Margin you need to open a
Position, in proportion to the notional ‫مع الق ة‬ ‫ا ي اس‬ ،‫ت اجه لف ح صفقة‬ ‫ال‬
value of the Position. What this may ‫ة‬ ‫ة ل أنه ال‬ ‫ال‬ ‫ و ع ي ذل‬.‫اﻻس ة لل فقة‬
mean for you is that for a Product that ‫ف ح صفقة‬ ،1 :200 ‫ة‬ ‫ل ج ي رفعه ب‬
is leveraged at a 200:1 ratio, you may
‫ام‬ ‫ دوﻻر أم ي اس‬1.000 ‫ق ة اس ة ق رها‬
open a Position with a notional value of
. ‫ة هام‬ ‫ دوﻻرات أم‬5
USD 1,000 using USD 5 as the Margin.

4.3.3 The amount of Margin is calculated with ‫ال ج ع إلى ن ة م ة‬ ‫ ي ح اب م لغ الهام‬3-3-4

reference to a percentage of the
notional value of an open Position. We ‫ة‬ ‫ ن د ال‬.‫الق ة اﻻس ة ل فقة مف حة‬ ‫م‬
determine the percentage of the
‫ز لا‬ ‫و‬ ‫ة للق ة اﻻس ة ال ل ة هام‬ ‫ال‬
notional value that is required as Margin
by an underlying instrument, and we ،‫وفقاً ل ق ي نا‬ ‫ﻵخ‬ ‫وق‬ ‫ة م‬ ‫ال‬ ‫تغ‬
may change the percentage from time
to time at our discretion, which we will .‫ك ب ل وفقاً لل عل ات ال ارة‬ ‫وس‬
notify to you in accordance with
Applicable Regulations.

4.3.4 We reserve the right to change the ‫ال افعة ال ال ة ل ج أو‬ ‫في تغ‬ ‫ال‬ ‫ ن ف‬4-3-4
leverage of a Product or Account, from
time to time, at our discretion. We will ‫ س عى‬.‫ﻵخ وفقاً ل ق ي نا‬ ‫م وق‬ ‫ح اب مع‬
endeavour to provide you with
‫ تقع على‬. ‫ح ا أم‬ ‫ل و ك إشعار به ا ال غ‬
reasonable notice of such change,
where practicable. It is your ‫م ول ة م اق ة ال غ ات على ال افعة‬ ‫عاتق‬
responsibility to monitor for changes to
the leverage, which may occur due to: : ‫ وال ي ق ت ج ع‬،‫ال ال ة‬
(a) a change in prevailing Market ‫في ال وف ال ائ ة في ال ق؛‬ ‫ال غ‬ (‫)أ‬
conditions;

Page 27 of 68
 (b) an actual or potential event of ‫ل أو حالة إنهاء؛‬ ‫ح وث حالة إخﻼل فعلي أو م‬ (‫)ب‬
default or termination event;
(c) a risk assessment; or ‫؛ أو‬ ‫ال ا‬ ‫تق‬ (‫)ج‬
(d) increased market volatility. .‫تقل ات م اي ة في ال ق‬ (‫)د‬

SECTION 5 5 ‫القسم‬

CHARGES AND PAYMENTS ‫الرسوم والمدفوعات‬

Charges ‫الرسوم‬ 1-5

Please see the charges and payment section on
our Website for an explanation of our costs and
charges in relation to the Services. This
information will form part of these Terms.
‫يرجى اﻻطﻼع على قسم الرسوم والمدفوعات على‬
‫موقعنا اﻹلكتروني لﻼطﻼع على شرح عن الرسوم‬
‫ تشكل‬.‫والمدفوعات الخاصة بنا فيما يتعلق بالخدمات‬
.‫هذه المعلومات جزءاً من الشروط الماثلة‬

Payments ‫المدفوعات‬ 2-5

Unless otherwise specified, all payments and
dues that may be due to us under these Terms
will be made immediately, and in such currency
as we may from time to time specify. All
payments and dues will be made by you without
any deduction or withholding and shall be made
exclusive of VAT.
‫ سيتم سداد جميع‬،‫ما لم ينص على خﻼف ذلك‬
‫المدفوعات والمستحقات التي قد تكون مستحقة إلينا‬
،‫بموجب الشروط الماثلة على الفور عند تنفيذ الصفقة‬
‫ سيتم سداد‬.‫وبالعملة التي قد نحددها من وقت ﻵخر‬
‫جميع المدفوعات والمستحقات من جانبك دون أي‬
.‫خصم أو استقطاع وﻻ تشمل ضريبة القيمة المضافة‬

We reserve the right to set-off any payments or ‫نحتفظ بالحق في مقاصة أي مدفوعات أو مستحقات‬
dues due to us under these Terms against ‫مستحقة إلينا بموجب الشروط الماثلة من اﻷموال‬
money that is in your Account.
.‫الموجودة في حسابك‬

Calculations ‫عملية الحساب‬ 3-5

Other than as specified, for the purposes of any
calculation hereunder, we may convert amounts
denominated in a currency into such other
currency as we may from time to time specify,
at such rate prevailing at the time of the
calculation as we shall select.
‫ يجوز‬،‫بخﻼف ما هو محدد ولغايات أي عملية حساب‬
‫لنا تحويل المبالغ من أي عملة إلى أي عملة أخرى‬
‫ بسعر الصرف السائد‬،‫حسبما قد نحدد من وقت ﻵخر‬
.‫الذي نختاره في وقت عملية الحساب‬

Page 28 of 68
 SECTION 6 6 ‫القسم‬

CLIENT MONEY ‫أموال العميل‬

Client money requirements ‫متطلبات أموال العميل‬ 1-6

6.1.1 You agree that money belonging to you
which is held by us in each Account (the
“Client Money”), will be held by us in our
designated client money account. Client
Money is segregated from our assets.
‫ توافق على أننا سنحتفظ باﻷموال في‬1-1-6
‫الحساب )"أموال العميل"( في حساب‬
‫أموال العميل المخصص لدينا ويتم فصل‬
.‫أموال العميل عن أموالنا‬

6.1.2 You agree that we may place your funds ‫ توافق على أنه يجوز لنا وضع أموالك‬2-1-6
in our designated Client Money account in ‫في حساب أموال العميل بعملة مختلفة‬
a different currency to the currency used .‫عن العملة المستخدمة لفتح حسابك‬
to open your Account. Such Client Money ‫ستكون أموال العميل المذكورة متساوية‬
will be at least equal in value and will be ‫في القيمة على اﻷقل وستكون متوافقة مع‬
in compliance with Applicable .‫التعليمات السارية‬
Regulations.

6.1.3 No interest is due in respect of Client ‫ ﻻ توجد أي فائدة مستحقة فيما يتعلق‬3-1-6
Money. .‫بأموال العميل‬

6.1.4 Whilst we remain responsible for handling ‫ نبقى مسؤولين عن التعامل مع أموال‬4-1-6
Client Money, certain operational ‫العميل ولكن يجوز لنا اﻻستعانة بمصادر‬
functions relating to payment processing ‫خارجية لبعض اﻹجراءات التشغيلية‬
may be outsourced. .‫المتعلقة بمعالجة الدفع‬

6.1.5 Deposits and withdrawals are governed ‫ تخضع اﻹيداعات والسحوبات للسياسة‬5-1-6
by the relevant Policy and Applicable
Regulations.
.‫ذات الصلة والتعليمات السارية‬

Page 29 of 68
 SECTION 7 7 ‫الق‬

REPRESENTATIONS, WARRANTIES AND ‫انات وال عه ات‬ ‫اﻹق ارات وال‬

COVENANTS

Representations, warranties and ‫انات وال عه ات‬ ‫اﻹق ارات وال‬ 1-7
covenants

7.1.1 You represent, warrant and covenant to ‫وت عه ل ا أنه في تارخ دخ ل‬ ‫ تق وت‬1-1-7
us on the date these Terms come into
force and on the date of each Order and ‫ال و ال اثلة وفي تارخ ل أم وفي تارخ‬
date on which a Position is opened or
:‫ ا يلي‬،‫ف ح أو إغﻼق أ صفقة‬
closed out, that:
(a) you have full legal capacity to enter ‫ت ع اﻷهل ة ال امة والقان ن ة ﻹب ام‬ ‫أن‬ (‫)أ‬
into these Terms, and are not
subject to a law or regulation which ‫ع‬ ‫ﻻ ت‬ ‫بها وأن‬ ‫ال و ال اثلة وال امات‬
prevents your adherence to or
‫ﻷ قان ن أو تعل ات أو ن ام ت ع م ال فاء‬
performance of an obligation
under these Terms; ‫ال و ال اثلة؛‬
(b) you enter into these Terms for ‫ال اثلة ﻷغ اض ت ارة‬ ‫ال و‬ ‫أب م‬ ‫أن‬ (‫)ب‬
valid commercial purposes;
‫سل ة؛‬
(c) you have all necessary authority, ‫افة ال ﻼح ات وال ل ات‬ ‫ت ل‬ ‫أن‬ (‫)ج‬
power, consent, licence and
authorisation, and have taken all ،‫ات الﻼزمة‬ ‫وال ف‬ ‫وال افقات وال اخ‬
necessary action, to enable you to
‫م‬ ‫وات ت ل ما يل م م إج اءات ل‬
lawfully enter into, deliver and
perform your obligations under ‫ج ها‬ ‫ال خ ل ال و ال اثلة وت ف ال امات‬
these Terms;
‫ل قان ني؛‬
(d) you are duly authorised to enter ‫أن ل ال ﻼح ة ﻹب ام ال و ال اثلة ح‬ (‫)د‬
into these Terms, and effect each
Position; ‫ل صفقة؛‬ ‫اﻷص ل وت ف‬
(e) these Terms and the terms of each ‫ل صفقة مل مة ل‬ ‫أن ال و ال اثلة وش و‬
ّ (‫)ه‬
Position are binding upon you and
enforceable against you, and are :‫ وﻻ ت عارض مع‬،‫وقابلة لل ف ض ك‬
not contrary to:
(i) a law, regulation, order, ‫ق ائي‬ ‫قان ن أو تعل ات أو أم أو ح‬ ‫أ‬ (1)
judgment of a court or other
agency of government ‫ة أو و الة ح م ة أخ‬ ‫م‬ ‫صادر ع‬
applicable to you or your
‫أو على أص ل ؛‬ ‫عل‬ ‫ت‬
assets;
(ii) a contractual restriction ‫أو على أص ل ؛ أو‬ ‫مل م عل‬ ‫ق تعاق‬ (2)
binding on or affecting you or
your assets; or
(iii) a charge or agreement by .‫ع لها‬ ‫أ ره أو اتفاق ة ت‬ (3)
which you are bound;

Page 30 of 68
(f) in asking us to open or close out a ‫ول ة ال ف دة ﻹج اء تق‬ ‫ل ال‬ ‫ت‬ ‫أن‬ (‫)و‬
Position, you have been solely
responsible for making your own ‫ف ح أو‬ ‫ع‬ ‫حل م ا‬ ‫م قل خاص‬
independent appraisal and
‫م رة مه ة‬ ‫ أو أن ال‬،‫إغﻼق أ صفقة‬
investigations into the risks of such
action and Position, or that you ‫ة ال اف ة‬ ‫ال ع فة ال اف ة وال‬ ‫ وت ل‬،‫م قلة‬
have sought independent
professional advice, and you have ‫اً قادر على ت ل م ا‬ ‫للق ام ب ل وأن أ‬
sufficient knowledge and ‫تل ال فقة؛‬
experience to do so. You are also
capable of assuming, and assume,
the risks of that Position;
(g) you act as principal and sole ‫ف ال ئ ي وال ح‬ ‫ال‬ ‫ف‬ ‫ف‬ ‫أن ت‬ (‫)ز‬
beneficial owner in entering into
these Terms and each Position ‫ال اثلة و ل صفقة )ح ا‬ ‫في إب ام ال و‬
(where applicable to the type of
Position being contemplated) and (‫ص عل ها‬ ‫ذل على ن ع ال فقة ال‬ ‫ي‬
we are not acting as a fiduciary for,
or an adviser, to you in respect of ‫ا اًر ل‬ ‫ف ا و ﻼً أو م‬ ‫ف‬ ‫وأن ا ﻻ ن‬
that Position;
‫ف ا ي عل ب ل ال فقة؛‬
(h) you will provide us with accurate ‫م للة ع‬ ‫أن س ودنا عل مات دق قة وغ‬ (‫)ح‬
and non-misleading information on
your financial position, domicile or ‫أو معل مات‬ ‫ك ال الي أو م ل إقام‬ ‫م‬
any other information we may
request from you. You will ‫نا ف اًر‬ ‫وأن س ف ت‬ ‫ق ن ل ها م‬ ‫أخ‬
promptly notify us of a change to
such information; ‫أ على ه ه ال عل مات؛‬ ‫أ تغ‬
(i) you are willing and financially able ‫الق رة ال ال ة على ت ل‬ ‫م ع ول‬ ‫أن‬ ( )
to sustain a total loss of funds, and
trading of such Product is a ‫أن ت اول‬ ‫ وتق‬،‫ال دعة‬ ‫خ ارة افة أم ال‬
suitable investment vehicle for
‫ات ا وس لة اس ار م اس ة ل ؛‬ ‫م‬
you;
(j) you are the sole beneficial owner ‫اب ال‬ ‫ال‬ ‫م رص‬ ‫ال ح‬ ‫ف‬ ‫ال‬ ‫أن‬ ( )
of the Equity you transfer under
these Terms; ‫ال و ال اثلة؛‬ ‫ج‬ ‫تق م اي اعه‬
(k) you are in compliance with the ،‫ع لها‬ ‫أن مل م ال عل ات ال ارة ال ي ت‬ (‫)ك‬
Applicable Regulations to which
you are subject, including without ‫ج ع‬، ‫ا في ذل على س ل ال ال ﻻ ال‬
limitation, all tax laws and
regulations, exchange control ‫ة وم ل ات ال‬ ‫وال عل ات ال‬ ‫الق ان‬
requirements and registration
requirements, and you will use all ‫ وس ف ت ل‬،‫ل‬ ‫ف وم ل ات ال‬ ‫في ال‬
reasonable steps to comply with all
Applicable Regulations in relation ‫ع ال عل ات‬ ‫ال عق ل لﻼم ال‬ ‫ال ه‬
to these Terms and each Position, .‫ال و ال اثلة و ل صفقة‬ ‫ال ارة ف ا ي عل‬
where such Applicable
Regulations do not apply to you ‫ال عل ات ال ارة عل‬ ‫تل‬ ‫ع ما ﻻ ت‬
but your cooperation is needed to

Page 31 of 68
 help us comply with our ‫تل م ال عاون مع ا ل اع ت ا على اﻻم ال‬
obligations;
‫ال امات ا؛‬
(l) you will, if so required, make ‫ س ف تق م اﻹف احات اﻻزمة‬، ‫إذا ل م اﻷم‬ (‫)ل‬
appropriate disclosures to the
relevant authority. You understand ‫لا‬ ‫ وت رك أنه‬.‫ة‬ ‫إلى ال ل ة ال‬
that we are entitled, and in some
cases required to report a relevant ‫ال اﻻت إبﻼغ ال ل ة‬ ‫عل ا في ع‬ ‫و ع‬
Position to a relevant regulatory
authority subject to Applicable ‫ة ال فقة ذات ال لة وذل‬ ‫ة ال‬ ‫ال‬
Regulations;
‫مع م اعات ا لل عل ات ال ارة؛‬
(m) if you are a company, you are duly ‫على أن‬ ‫إع ار ت‬ ‫وفي حال ت ن ش‬ (‫)م‬
incorporated and validly existing
under the laws of the jurisdiction of ‫ق ان‬ ‫ج‬ ‫اﻷص ل‬ ‫وقائ ح‬ ‫مس‬
your incorporation;
. ‫م ل تأس‬
(n) if you are a company, you have the ‫على أن‬ ‫إع ار ت‬ ‫وفي حال ت ن ش‬ (‫)ن‬
power to own assets and carry on
business, as it is being conducted; ‫ت ع الق رة على ام ﻼك اﻷص ل وم ارسة‬
‫ةعل ؛‬ ‫أن‬
(o) you will at all times obtain and ‫ل وال اف ة على‬ ‫أن س ق م ل ما يل م لل‬ (‫)س‬
comply with, and do all that is
necessary to maintain in full force ‫ارح وال افقات وال اخ‬ ‫ع ال‬ ‫واﻻل ام‬
and effect, the authority, power,
consent, licence and authorisation ‫سل ة ح م ة أو‬ ‫ات الﻼزمة م أ‬ ‫وال ف‬
of a governmental or other
authority referred to in this 7 ‫م ار إل ها في ه ا الق‬ ‫سل ة أخ‬
SECTION 7(Representations,
warranties and covenants) and will ‫انات وال عه ات" وس ل ال ه‬ ‫"اﻹق ارات وال‬
use reasonable efforts to obtain
‫ح مل م‬ ‫ل على ل ما ق‬ ‫ال عق ل لل‬
any that may become necessary in
the future; ‫ق ل؛‬ ‫في ال‬ ‫عل‬
(p) you will promptly notify us of the ‫وث أو اح ال‬ ‫نا على الف ر‬ ‫أن س ف ت‬ (‫)ع‬
occurrence or likely occurrence of
an event of default in respect to ‫ح وث حالة إخﻼل ال و ال اثلة م ق ل ؛‬
yourself in connection with these
Terms; and ‫و‬
(q) you will provide us with such
‫ات ال ي ق‬ ‫أن س ودنا ال عل مات أو ال‬ (‫)ف‬
information or documents as we
may reasonably require to ‫ل معق ل ﻹث ات اﻷم ر ال ار إل ها‬ ‫ن ل ها‬
evidence the matters referred to in
this SECTION 7(Representations,
‫انات‬ ‫ "اﻹق ارات وال‬7 ‫في ه ا الق‬
warranties and covenants) or to .‫وال عه ات" أو لﻼم ال ال عل ات ال ارة‬
comply with Applicable
Regulations.

Page 32 of 68
 SECTION 8 8 ‫الق‬

EVENT OF DEFAULT AND TERMINATION ‫حالة اﻹخﻼل واﻹنهاء‬

Termination ‫اﻹنهاء‬ 1-8

8.1.1 Unless required by Applicable ، ‫ال عل ات ال ارة خﻼق ذل‬ ‫ ما ل ت ل‬1-1-8

Regulations, either party may terminate
these Terms (and the relationship ‫ف إنهاء ال و ال اثلة والعﻼقة‬ ‫زﻷ‬
between us), without cause and without ،‫ودون ال اجة إلى أم ق ائي‬ ‫ دون س‬،‫ب ا‬
the need for a judicial order, by giving
‫لل ف‬ ‫ابي م‬ ‫إشعار‬ ‫خﻼل تق‬ ‫م‬
ten Business Days’ prior written notice.
.‫ال اني ق ل ع ة أ ام ع ل م تارخ اﻹنهاء‬

8.1.2 The following circumstances constitute ‫ وال ي‬،‫ ت ل ال وف ال ال ة حالة إخﻼل‬2-1-8

an event of default, under which we
may terminate these Terms without
‫ز ل ا إنهاء ال و ال اثلة دون‬ ‫ج ها‬
need for a court order with five Business ‫إشعار م‬ ‫ال اجة إلى أم ق ائي مع تق‬
Days’ prior notice, if the breach has not
‫م ته خ ة أ ام ع ل في حالة ع م ت‬
been remedied:
:‫ر‬ ‫حالة اﻹخﻼل في م ة اﻹشعار ال‬
(a) Breach of Terms. You fail to ‫ ع م اﻻم ال أو أداء ال امات‬. ‫و‬ ‫م الفة ال‬ (‫)أ‬
comply with or perform your
obligations (in whole or in part), ‫دون ال‬ ‫ا في ذل‬ ،(ً‫)كل اً أو ج ئ ا‬
including the obligation to make
payment of Margin or dues, under ‫ج‬ ‫قات ا‬ ‫أو م‬ ‫اد الهام‬ ‫اﻻل ام‬
these Terms.
.‫ال و ال اثلة‬
(b) Repudiation of these Terms. ‫ل‬ ‫أو ت أ أو ت‬ ‫ ت‬.‫و ال اثلة‬ ‫إن ار ال‬ (‫)ب‬
You disaffirm, disclaim, repudiate
or reject, in whole or in part, or ‫ أو ت ع في ص ة‬،ً‫ ل اً أو ج ئ ا‬، ‫أو ت ف‬
challenge the validity of, these
Terms, or such action is taken by ‫ أو ي ات اذ ذل اﻹج اء م‬،‫ال و ال اثلة‬
a person or entity appointed to act
on your behalf. . ‫فناةع‬ ‫لل‬ ‫أو ان مع‬ ‫قلش‬
(c) Failure to comply. Failure to ‫ ع م اﻻل ام أو اﻻم ال ل عه أو‬.‫ع م اﻻم ال‬ (‫)ج‬
adhere to or comply with a
representation, warranty or ‫ض ان أو إفادة مق مة أو م رة أو ي اع ارها‬
covenant made or repeated or
deemed to be made or repeated .‫ال و ال اثلة‬ ‫ج‬ ‫مق مة أو م رة‬
by you under these Terms.
(d) Default under another :‫ إذا‬. ‫ج اتفاق ة أخ‬ ‫اﻹخﻼل‬ (‫)د‬
agreement. You:

Page 33 of 68
 (i) default under an ،‫اتفاق ة مع ا‬ ‫ج‬ ‫اﻹخﻼل ال امات‬ ‫ق‬ (1)
agreement with us, other
than these Terms, or an ‫ات‬ ‫ أو اتفاق ة مع ال‬،‫ﻼف ال و ال اثلة‬
agreement with our
‫ال ا عة ل ا؛ أو‬
Affiliates; or
(ii) disaffirm, disclaim, ،ً‫ ل اً أو ج ئ ا‬، ‫ل أو ت ف‬ ‫أو ت أ أو ت‬ ‫ت‬ (2)
repudiate or reject, in whole
or in part, or challenge the ‫ﻼف‬ ،‫مع ا‬ ‫في ص ة اتفاق ة‬ ‫أو ت ع‬
validity of, such other
‫ات ال ا عة‬ ‫ أو اتفاق ة مع ال‬،‫ال و ال اثلة‬
agreement.
.‫ل ا‬
(e) Cross-default. The occurrence
‫( إخﻼل أو‬1) : ‫ ح وث أ م‬.‫اﻹخﻼل ال قابل‬ (‫)ه‬
or existence of any of the
following: (1) a default, (2) an ‫( أو ح ث آخ م ا ه مه ا‬3) ‫( حالة إخﻼل‬2)
event of default or (3) other
similar condition or event ‫أو أداه‬ ‫اتفاق ة أو أك‬ ‫ج‬ ، ‫ م عل‬،‫كان‬
(however described) in respect of ‫على ذل‬ ‫ و ت‬،‫لة ال مق ض‬ ‫م‬ ‫أو أك‬
you, under one or more
agreements or instruments ‫قة وواج ة ال اد‬ ‫ح تل ال ي ن ة م‬ ‫أن ت‬
(individually or collectively) ‫ال ف عات ع‬ ‫في س اد تل‬ ‫أو ع ما ت ف‬
related to borrowed money which
has resulted in such .‫اس قاقها ووج ب س ادها‬
indebtedness becoming, due and
payable or where you have failed
to make such payments when
due and payable.
(f) Manifest error. We determine in ‫ ن د وفقاً ل ق ي نا وج د خ أ أو‬. ‫أ ال اه‬ ‫ال‬ (‫)و‬
our discretion there is an error in,
or lack of clarity within: :‫ع م وض ح في‬
(i) the pricing of a Product,
‫ مع اﻷخ في اﻻع ار ال عل مات‬،‫ال ج‬ ‫ت ع‬ (1)
taking into account relevant
information, including the ،‫ ا في ذل حالة ال ق اﻷساسي‬،‫ذات ال لة‬
state of the Underlying
Market, as applicable; or ‫اء؛ أو‬ ‫اﻻق‬ ‫ح‬
(ii) an information source or .‫ر ال عل مات أو إعﻼن‬ ‫م‬ (2)
pronouncement.
(g) Force Majeure event. A Force ‫ على ال‬،‫ حالة الق ة القاه ة‬.‫حالة الق ة القاه ة‬ (‫)ز‬
Majeure event, as referenced in
clause 9.4(Force Majeure), is an ‫ هي‬،"‫ "الق ة القاه ة‬4-9 ‫ال ار إل ه في ال‬
event of default and may
subsequently become a .‫حالة إخﻼل وق ت د إلى حالة إنهاء‬
termination event.
(h) Insufficient KYC or CDD. You ‫ع م اس فاء إج اءات "اع ف ع ل " أو‬ (‫)ح‬
are unable or unwilling to
complete, to our satisfaction or as ‫ أن ت ن غ‬."‫ات ال اج ة ع الع ل‬ ‫"ال‬
required under the Applicable
‫في إك ال إج اءات اع ف‬ ‫راغ‬ ‫قادر أو غ‬
Regulations, the KYC, CDD, or
provide us with proof of source of ‫الع ل أو‬ ‫ات ال اج ة ع‬ ‫أو ال‬ ‫ع ل‬
wealth and source of funds, which
‫ر اﻷم ال‬ ‫ر ال وة وم‬ ‫ت و نا إث ات م‬

Page 34 of 68
 may be requested from time to ‫ل ات ا‬ ‫ﻵخ وفقاً ل‬ ‫وال ي ق ن ل ها م وق‬
time.
.‫وم ل ات ال عل ات ال ارة‬
(i) Merger. In the event you ‫ام مع أو‬ ‫ في حال إن ماج أو إن‬.‫اﻻن ماج‬ ( )
consolidate, amalgamate with,
merge with or into, or transfer all ‫أو ما‬ ‫ان آخ أو ان قال ج ع أص ل‬ ‫في‬
or substantially all your assets to
. ‫إلى ان آخ‬ ‫لجه‬ ‫ل ج عها‬
another entity.
8.1.3 Notwithstanding the above, if the event ‫ إذا اس ت حالة‬،‫ على ال غ م ا ورد أعﻼه‬3-1-8
of default is continuing or has a material
affect on these Terms, the Terms will be ‫على ال و‬ ‫جه‬ ‫اﻹخﻼل أو ان لها تأث‬
terminated with immediate effect,
‫ دون‬، ‫ف ر‬ ‫أث‬ ‫إنهاء ال و‬ ‫ س‬،‫ال اثلة‬
without notice and without the need for
a court order. .‫ة‬ ‫إشعار ودون ال اجة إلى أم م ال‬

8.1.4 The following circumstances constitute ‫ج ها‬ ‫ وال ي‬،‫ ت ل ال وف ال ال ة حالة إنهاء‬4-1-8
termination events, upon which these
Terms will be automatically terminated ‫ دون‬، ‫س إنهاء ال و ال اثلة تلقائ اً أث ف ر‬
with immediate effect, without notice
:‫ة‬ ‫إشعار ودون ال اجة إلى أم م ال‬
and without the need for a court order:
(a) Insolvency, bankruptcy or :‫ ح وث ما يلي‬.‫اﻹع ار أو اﻹفﻼس أو ال فاة‬ (‫)أ‬
death. The occurrence or
existence of the following:
(i) your insolvency, dissolution ‫ع لﻼن ﻼل أو اﻹفﻼس أو اﻹع ار‬ ‫أن ت‬ (1)
or bankruptcy (as
applicable); or ‫ى ال ال(؛ أو‬ ‫مق‬ ‫)ح‬
(ii) where you are a natural ‫ وفات أو انع ام أهل‬،ً‫ع ا‬ ً‫ا‬ ‫ش‬ ‫إذا‬ (2)
person, your death or lack
of legal capacity. .‫القان ن ة‬
(b) Improper trading activity or ‫أو م الفة ال عل ات‬ ‫ال ل‬ ‫ال اول غ‬ (‫)ب‬
violation of Applicable
Regulation or market practice. :‫ ح وث ما يلي‬.‫ق‬ ‫ال ار ة أو م ارسات ال‬
The occurrence or existence of
the following:
(i) we, in our reasonable ‫ أن ر ا ت ن ق‬،‫أن نع ق وفقاً ل ق ي نا ال عق ل‬ (1)
judgement, believe that you
may have engaged or may ‫سل أو‬ ‫أو ت ارك في ن ا ت اول غ‬ ‫شار‬
be engaging in improper,
unlawful or unfair trading ‫ن ه؛ أو‬ ‫قان ني أو غ‬ ‫غ‬
activity;
(ii) you act in a manner that ‫بها أسعارنا أو‬ ‫قة ت ﻼع‬ ‫ف‬ ‫ت‬ ‫أن‬ (2)
manipulates our price or
that of our liquidity pool; or ‫لة ل ي ا؛ أو‬ ‫سع م ود ال‬
(iii) we consider it necessary or ‫في حال نع ق وفقاً ل ق ي نا ال عق ل أنه م‬ (3)
desirable to prevent a
violation of Applicable ‫أنهاء ال و ال اثلة‬ ‫ور أو ال‬ ‫ال‬
Regulations or good

Page 35 of 68
 standard of market ‫لغا ات م ع م الفة ال عل ات ال ارة أو معاي‬
practice.
.‫ة‬ ‫م ارسات ال ق ال‬
(c) Material adverse affect. An
‫ وق ع ح ث أو إج اء‬. ‫ال ار ال‬ ‫ال أث‬ (‫)ج‬
action is taken or event occurs
which we in our discretion ‫سل ي‬ ‫ن له تأث‬ ‫نع ه وفقاً ل ق ي نا أنه ق‬
consider might have a material
adverse affect upon your ability to ‫ج‬ ‫ج ه على ق رت على أداء ال امات‬
perform your obligations under .‫ال و ال اثلة‬
these Terms.
(d) Illegality. We determine that, due ‫أنه‬ ‫وق‬ ‫ل ا في أ‬ ‫ إذا ت‬.‫ان فاء القان ن ة‬ (‫)د‬
to an event or circumstance
(other than an act or breach of a ‫ف ) اس اء أ‬ ‫ح ث أو‬ ‫وق ع أ‬
party) it would become unlawful
،( ‫م ال ف‬ ‫ف أو إخﻼل م ق ل أ‬ ‫ت‬
to comply with these Terms under
Applicable Regulations. ‫ة ل ل أص ح اﻹم ال ال و ال اثلة غ‬ ‫ون‬
.‫قان ني‬
(e) Market disruption. We
ً‫فا‬ ‫ل معق ل أن ه اك‬ ‫ نع ق‬.‫ال ق‬ ‫ت‬ (‫)ه‬
reasonably believe that a
circumstance exists (or that a :(‫ق ل‬ ‫فاً في ال‬ ‫)أو أنه س ن ه ال‬
circumstance would exist in the
future) in which:
(i) the Underlying Market
ً‫ق ي د إلى إ قاف أو إغﻼق أو ال اس ماد ا‬ (1)
relating to a Position; or
‫ أو ق ي د‬،‫فقة‬ ‫ال ق اﻷساسي ال عل‬
‫إلى ع م الق رة على اﻻع اد على ال ق ؛ أو‬
(ii) the access to underlying
ً‫ق ي د إلى إ قاف أو إغﻼق أو ال اس ماد ا‬ (2)
pools of liquidity,
‫إلى‬ ‫ أو ق ي د‬،‫لة‬ ‫ال‬ ‫ال ص ل إلى م ود‬
in either case is, or will be,
.‫لة اﻷساس ة‬ ‫ع م الق رة على اﻻع اد على ال‬
suspended, closed, materially
impaired or cannot be relied
upon.
(f) Delisting. We determine that: :‫ إذا وج نا أن‬.‫إ قاف اﻹدراج‬ (‫)و‬
(i) the Underlying Market ‫فقة؛ أو‬ ‫ال ق اﻷساسي ال عل‬ (1)
relating to a Position; or
(ii) the underlying liquidity pool, ‫لة اﻷساس ة‬ ‫ال‬ (2)
announces that it has ceased ‫ق ل( ع‬ ‫تعل ع ت قف )أو ال قف في ال‬
or will cease to list, trade or
publicly quote the Product, for ‫إدراج ال ج أو ت اوله أو ع ض سع ه عل اً ﻷ‬
any reason and is not
‫م اﻷس اب ول ي إعادة إدراجه أو إعادة‬ ‫س‬
immediately re-listed, re-
traded or re-quoted on the ‫ت اوله أو إعادة ع ض سع ه على الف ر في‬
Underlying Market, as
applicable. .‫ى ال ال‬ ‫مق‬ ‫ ح‬،‫ال ق اﻷساسي‬

Page 36 of 68
 (g) Change in Applicable
‫ في حال ص ور‬.‫في ال عل ات ال ار ة‬ ‫ال غ‬ (‫)ز‬
Regulations. In the event that
there are changes to (1) :‫تغ ات على ال عل ات ال ارة أدت إلى‬
Applicable Regulations which
result in: (i) non-compliance with ‫( أن‬2) ‫رة أو‬ ‫ع م اﻻم ال لل غ ات ال‬
the amended Applicable ‫ح عﻼق ا مع أو اﻹل ام ال و ال اثلة‬ ‫ت‬
Regulations; (ii) our relationship
with you or the continued ‫( أن‬3) ‫ة ت ار اً أو‬ ‫غ م ة أو م‬
performance of these Terms no ‫ت ح صفقة واح ة أو أك غ م ة أو‬
longer being commercially
feasible or desirable; or (iii) one or .ً‫ة ت ار ا‬ ‫م‬
more Positions is or will no longer
be commercially feasible or
desirable.
(h) Straight through processing ، ‫قادر‬ ‫ نق ر أن ا غ‬. ‫الف ر‬ ‫ال ف‬ ‫ت‬ (‫)ح‬
disruption. We determine that
we are unable, after using ‫ على إن اء‬،ً‫ع ب ل ال ه د ال عق لة ت ار ا‬
commercially reasonable efforts, ‫معاملة أو إعادة إن ائها أو اس الها أو‬
to establish, re-establish,
substitute, maintain or dispense ‫ال اف ة عل ها أو اﻻس غ اء ع ها في م ان‬
of a transaction to our pass . ‫ال ف ال اص ب ا ل ه ل ت ف تعل ات‬
through venue, in order to
facilitate the execution of your
instructions.
(i) Tax event. In the event that an ‫ حال ص ر أ إج اء أو ق ار‬.‫ي‬ ‫ال ث ال‬ ( )
action is taken by a tax authority,
or brought by a court of ‫ةض أ‬ ‫ة أو م‬ ‫م ق ل أ سل ة ض‬
competent jurisdiction against a ‫أو تع يل ف ا في أ ق ان‬ ‫ف أو أ تغ‬
party, or a change in application
of tax, or a change in tax law or a ‫ي ج أو ق ي ج ع ها‬ ‫ة وال‬ ‫أو تعل ات ض‬
substantial likelihood of a change ‫ة على تل‬ ‫دفعات أو م ق عات ض‬ ‫ت‬
in tax law, that will (or may) result
in additional payments or ‫ال و ال اثلة أو‬ ‫ج‬ ‫قة‬ ‫ال فعات ال‬
deductions or withholding in tax .‫أ ج ء م ها‬
on payments under these Terms
(or any part thereof).

Liquidation date ‫تار خ ت ف ة ال فقات‬ 2-8

8.2.1 In the event of a termination in -1-8 ‫ في حالة أ إنهاء ف ا ي اف مع ال‬1-2-8

accordance with clause 8.1.1, on or
after the occurrence of an event of ‫ال‬ ‫ج‬ ‫ في أو ع ح وث حالة إخﻼل‬1
default under sub-clause 8.1.2or a
‫ال‬ ‫ج‬ ‫ أو حالة إنهاء‬2-1-8 ‫الف عي‬
termination event under sub-clause
8.1.3, we will specify a date (the ‫س‬ ‫د ال ارخ ال‬ ‫ س‬،3-1-8 ‫الف عي‬
liquidation date) on which your open
Positions will be terminated and ‫ال ف حة وت ف ها )تارخ‬ ‫إنهاء صفقات‬
liquidated: :‫ف ة( ب اءاً على ما يلي‬ ‫ال‬

Page 37 of 68
 (a) in the case of an event of default, ،‫ال اثلة‬ ‫في حالة وق ع حالة إخﻼل لل و‬ (‫)أ‬
in our discretion either:
:‫إغﻼق‬ ‫تق ي نا إما س‬ ‫ح‬
(i) all open Positions; or ‫ج ع ال فقات ال ف حة؛ أو‬ (1)
(ii) those open Positions which we
،‫تل ال فقات ال ف حة ال ي ن د أنها م أث ة‬ (2)
determine are affected, noting
that this action does not ‫ل خ مات إدارة‬ ‫مع العل أن ه ا الق ار ﻻ‬
constitute discretionary
management of your Positions; . ‫فقات‬ ‫ف ا ي عل‬
and
(b) in the case of a termination event, ‫إغﻼق‬ ‫ س‬،‫ال اثلة‬ ‫في حال إنهاء ال و‬ (‫)ب‬
all open Positions.
.‫ج ع ال فقات ال ف حة‬

8.2.2 The liquidation date will be designated ‫ر أعﻼه في‬ ‫ف ة ال‬ ‫ي تارخ ال‬ ‫ س ق م ب‬2-2-8
by us in all circumstances, including
when an act of insolvency occurs in .‫ ا في ذل ع حالة إع ارنا‬،‫ج ع ال وف‬
respect of us.

Payment ‫ال فع‬ 3-8

Until and unless a liquidation date has been

‫ل أو‬ ‫ل‬ ‫ل‬ ‫ال افقة على أ‬ ‫مل م‬ ‫إن ا غ‬
effectively set or has passed, we shall not be
obligated to honour a withdrawal request for all ‫اب في حال وج د حالة إخﻼل‬ ‫ج ء م رص ال‬ ‫أ‬
or part of the Equity in your Account if there is a
continuing event of default until such event of ‫فة‬ ‫حالة اﻹخﻼل أو تارخ ال‬ ‫ت‬ ‫ف ل‬ ‫م‬
default is remedied or until the liquidation date, ‫أم ال‬ ‫ق ا ل قاصة أ‬ ‫مع ال ف‬ ‫وذل‬ ‫أيه ا أس‬
whichever comes first. We reserve the right to
set-off any amounts owing to us. .‫قة ل ا‬ ‫م‬

Additional Rights ‫ال ق ق اﻹضاف ة‬ 4-8

Our rights under this section shall be in addition ‫هي اﻹضافة إلى ال ق ق‬ ‫رة في ه ا ال‬ ‫إن حق ق ا ال‬
to, and not in limitation or exclusion of, other
rights which we may have (whether by ‫اتفاق أو قان ن أو‬ ‫ج‬ ‫ال ي ق ن ل ها )س اء‬ ‫اﻷخ‬
agreement, operation of law or otherwise).
.‫ها‬ ‫ذل ( وﻻ تقّ ها أو ت‬ ‫غ‬

Page 38 of 68
 Application of netting to Positions ‫ال قاصة على ال فقات‬ ‫ت‬ 5-8

This 0(Event of default and termination) applies ‫ "حالة اﻹخﻼل واﻹنهاء" على ل‬8 ‫ه ا الق‬ ‫ي‬
to each Position entered into or outstanding
between us on or after the date these Terms ‫تارخ س ان ال و‬ ‫صفقة م مة أو معلقة ب ا م‬
take effect.
.‫ال اثلة‬

Rights on following an event of ‫ال ق ق ع حالة إخﻼل أو حالة إنهاء‬ 6-8

default or a termination event

8.6.1 On, and following, the occurrence of an ‫تارخ حالة اﻹخﻼل أو حالة اﻹنهاء‬ ‫ إما ع‬1-6-8
event of default or a termination event,
or at a time after we have determined in ً‫نق ر وفقا‬ ‫وق‬ ‫ال اثلة أو في أ‬ ‫لل و‬
our discretion that you have not
‫ل ت ف )أو نع ق‬ ‫وج نا أن‬ ‫ل ق ي نا ال ل‬
performed (or we reasonably believe
that you will not be able or willing to ‫ل معق ل أن ل ت ن قاد اًر أو راغ اً في أن‬
perform) an obligation under these
Terms, we are entitled without prior ،‫ال و ال اثلة‬ ‫ج‬ ‫ت ف ( أ م إل امات‬
notice to you: :‫ل ا دون ساب إن ار‬
(a) to close out or otherwise deal a ‫ف أو ات اذ أو اﻻم اع ع‬ ‫إغﻼق أو ال‬ (‫)أ‬
Position or take, or refrain from
taking, such other action at ‫صفقة‬ ‫ﻷ‬ ‫إج اء آخ في ال ق‬ ‫ات اذ أ‬
such time or times and in such
manner as, at our discretion, ً‫قة ال ي ن اها ض ورة أو م اس ة وفقا‬ ‫و ال‬
we consider necessary or ‫ل ق ي نا ل غ ة أو تقل ل أو الق اء على‬
appropriate to cover, reduce or
eliminate our loss or liability ٍ‫أ‬ ‫ج أو ف ا ي عل‬ ‫خ ارت ا أو م ول ا‬
under or in respect of any of ‫م عق دك أو صفقات أو ال امات وذل دون‬
your contracts, Positions or
commitments and without ‫خ ارة أو نق ان‬ ‫ع أ‬ ‫أن ن ن م ول‬
being responsible for a loss or ‫في ال ع ؛ و‬
diminution in price; and
(b) to terminate these Terms .‫إنهاء ال و ال اثلة على الف ر‬ (‫)ب‬
immediately.

Consequences of termination ‫ت عات اﻹنهاء‬ 7-8

8.7.1 Notwithstanding the right of set-off we ‫ن ع ه‬ ‫ع ح ال قاصة ال‬ ‫ف ال‬ 1-7-8

have under these Terms or under
Applicable Regulations, upon ‫ال عل ات‬ ‫ج‬ ‫ال و ال اثلة أو‬ ‫ج‬
termination of these Terms, all amounts ‫ح‬ ‫ ت‬،‫ال اثلة‬ ‫إنهاء ال و‬ ‫ ع‬،‫ال ارة‬
payable by you to us will become
‫قة إل ا واج ة ال اد على‬ ‫ج ع ال الغ ال‬
immediately due and payable including:
: ‫الف ر ا في ذل‬

Page 39 of 68
 (a) outstanding fees, charges and ‫قة؛‬ ‫والع ﻻت ال‬ ‫ار‬ ‫اﻷتعاب وال‬ (‫)أ‬
commissions;
(b) dealing expenses incurred in ‫ة في س ل إنهاء‬ ‫ال عامل ال‬ ‫م ار‬ (‫)ب‬
terminating these Terms;
‫ال و ال اثلة؛‬
(c) losses and expenses incurred ‫ة إب ام‬ ‫وال فقات ال ي ت ناها ن‬ ‫ائ‬ ‫ال‬ (‫)ج‬
by us resulting from closing out
a Position, or settling an ‫إل ا‬ ‫عل‬ ‫ة ال ام م‬ ‫ أو ت‬،‫صفقة‬
outstanding obligation owed by
you to us under these Terms; ‫ال و ال اثلة؛ و‬ ‫ج‬
and
(d) other amounts which are due ‫وال ي ل ي‬ ‫قة عل‬ ‫ال‬ ‫ال الغ اﻷخ‬ (‫)د‬
and payable by you but which
are unpaid. .‫دفعها‬

Death ‫ال فاة‬ 8-8

8.8.1 In the event that we are notified of your ‫هادة رس ة صادرة‬ ‫ في حال ت إ الغ ا ب فات‬1-8-8
death, confirmed by way of an official
certificate, duly issued from the country ‫بها فإن‬ ‫اﻷص ل م ال ولة ال ي تق‬ ‫ح‬
of residence of such client, we will
‫ل‬ ‫اغالقها‬ ‫كافة ال فقات ال ف حة س‬
manually close all open Positions on
your Account. We will subsequently ‫اب‬ ‫ال‬ ‫ارسال رص‬ ‫ق ل ا وس‬ ‫يو م‬
transfer the Equity, following the
deduction of associated costs, in ‫ر اﻷم ال ع إق اع أ‬ ‫ال افي إلى م‬
accordance with the payment terms ‫رس م ونفقات وفقا ل و ال فع ال ج دة على‬
and conditions, which can be found on
our Website. .‫وني‬ ‫م قع ا اﻹل‬
8.8.2 If we are unable, for whatever reason, ‫إرسال ال ص‬ ‫ا م‬ ‫ وفي حال ع م ت‬2-8-8
as determined at our sole discretion, to
return the net Equity to your Account, ‫اء‬
ً ‫ان وذل ب‬ ‫ال افي في ح ا ﻷ س‬
we shall retain all amounts until such
time we receive a formal decision ‫على تق ي نا ال اص س حف ال لغ )صافي‬
issued by the competent authority in the ‫ورود ق ار رس ي‬ ‫اب( ل ي ا ل‬ ‫ال‬ ‫رص‬
relevant jurisdiction specifying where
such amounts should be transferred, ، ‫ة ت د م ان إرسال ال ص‬ ‫م ال هة ال‬
and we will act in accordance with such .‫ف وفًقا له ه ال عل ات‬ ‫ال‬ ‫وع ئ س‬
instructions.

Survival ‫ان‬ ‫ اس ار ال‬9-8

SECTION 9 (Exclusions, limitations and "‫ات‬ ‫ "اﻻس اءات والق د وال ع‬9 ‫س ان الق‬
indemnity) and 0 (Miscellaneous and governing
law) shall survive termination. ‫ "أح ام م عة والقان ن ال اك " ح ى ع‬11 ‫والق‬
‫اﻹنهاء‬

Page 40 of 68
 Existing rights ‫ ال ق ق القائ ة‬10-8

Termination of these Terms will be without ‫إت ام خ مة ال ي ب أت‬ ‫إن إنهاء ال و ال اثلة ﻻ‬
prejudice to the completion of a Service already
initiated or instructions already given and will not ‫الفعل أو تعل ات مق مة الفعل ول ي ث على ال ق ق‬
affect accrued rights, existing commitments or a
‫ال‬ ‫ال عاق‬ ‫قة أو اﻻل امات ال ال ة أو ال‬ ‫ال‬
contractual provision intended to survive
termination. .‫يه ف إلى اس ار الع ل ه ع اﻹنهاء‬

SECTION 9 9 ‫الق‬

EXCLUSIONS, LIMITATIONS AND ‫ات‬ ‫اﻻس اءات والق د وال ع‬

INDEMNITY

General exclusion ‫اﻻس اء العام‬ 1-9

9.1.1 Subject to Applicable Regulations, ، ‫لن‬ ‫ ﻻ ن‬،‫ مع م اعاة ال عل ات ال ارة‬1-1-9

either we nor our directors, officers,
‫أو م ي ونا أو م ول نا أو م ف نا أو و ﻼؤنا‬
employees, agents, representatives or
Affiliates (including its directors, ‫ات ال ا عة ل ا ) ا في ذل‬ ‫أو م ل نا أو ال‬
officers, employees, agents or ‫م ي وه أو م ف ه أو م ول ه أو و ﻼؤه‬
representatives) shall, up to the extent ‫ه ال عل ات‬ ‫ت‬ ‫ الق ر ال‬،( ‫أو م ل ه‬
permitted by Applicable Regulations, be
liable for loss, damage, cost or
‫ر‬ ‫ارة أو ال‬ ‫م ول ة ع ال‬ ‫ أ‬،‫ال ارة‬
expense, suffered or incurred by you ‫ال ي ت تها وال ي ت أ‬ ‫ار‬ ‫أو ال لفة أو ال‬
arising directly or indirectly out of or in ‫م اش ع أو ف ا ي عل‬ ‫ل م اش أو غ‬
connection with these Terms or the
‫ال و ال اثلة أو إغﻼق صفقات ال ف حة في‬
closing out of your open Positions on a
liquidation date or any date determined ،‫ف ة أو أ تارخ ن ده وفقاً ل ق ي نا‬ ‫تارخ ال‬
by us in our discretion, whether arising ‫أو إخﻼل‬ ‫س اء ان ذل نات اً ع إه ال ج‬
out of gross negligence, breach of
‫) ا في ذل‬ ‫ذل‬ ‫أو غ‬ ‫العق أو ت‬
contract, misrepresentation or
otherwise (including where we have ‫تل‬ ‫ان‬ ‫ ح ى ل‬،(‫ف ح صفقة‬ ‫ع ما ن ف‬
declined to open a Position), even if ‫ ما ل ت‬،‫ل معق ل‬ ‫ة م قعة‬ ‫ارة ن‬ ‫ال‬
such loss is a reasonably foreseeable .‫م جان ا‬ ‫نات ة م اش ة ع إح ال أو غ‬
consequence, unless it arises directly
from our fraud.

Page 41 of 68
9.1.2 Subject to Applicable Regulations, in no ‫ ﻻ ت ل‬،‫ مع م اعاة ال عل ات ال ارة‬2-1-9
circumstance, shall our liability include ،‫ال وف‬ ‫ف م‬ ‫أ‬ ‫ ت‬،‫م ول ا‬
loss suffered by you or a third party for
‫ف ثال‬ ‫أو أ‬ ‫لها أن‬ ‫ارة ال ي ت‬ ‫ال‬
special damage, loss of profit, loss of
goodwill or loss of business opportunity ‫سل ي‬ ‫أو تأث‬ ‫ر ال ع‬ ‫ال‬ ‫ا في ذل‬
arising under or in connection with ‫ أو ف ات ف ص‬،‫ أو ف ات ال ح‬،‫على ال عة‬
these Terms, whether arising out of ‫ارة ناش ة‬ ‫ال‬ ‫تل‬ ‫ان‬ ‫ت ارة في حال‬
negligence, breach of contract,
‫ س اء‬،‫ج ال و ال اثلة أو ف ا ي عل بها‬
misrepresentation or otherwise,
‫ أو إخﻼل العق أو‬،‫ناش ة ع إه ال‬ ‫كان‬
including an act or omission arising out
of or in connection with an error in an ‫فعل أو‬ ‫أ‬ ‫ا في ذل‬ ، ‫ذل‬ ‫ه أو غ‬ ‫ت‬
instruction given by you or on your ‫أ في‬ ‫أو ف ا ي عل‬ ‫إغفال ناشئ ع‬
behalf, or an instruction which is or ‫ أو‬، ‫أو ن ا ة ع‬ ‫تعل ات مق مة م جان‬
which reasonably appears to be from
‫ل معق ل أنها‬ ‫أو ت و‬ ‫تعل ات صادرة ع‬
you.
. ‫صادرة ع‬

9.1.3 Nothing in these Terms will limit our ‫م م ول ا ع‬ ‫ ت ل ال و ال اثلة م ا‬3-1-9

liability for death or personal injury
resulting from our negligence. ‫ة ال ات ة ع‬ ‫ال فاة أو اﻹصا ة ال‬
.‫إه ال ا‬

9.1.4 This general exclusion shall not be ‫ي أث ه ا اﻻس اء العام إنهاء ال و‬ ‫ ل‬4-1-9
affected by termination of these Terms.
.‫ال اثلة‬

Tax implications ‫ة‬ ‫اﻵثار ال‬ 2-9

Without limitation, we do not accept liability for ‫ة‬ ‫ول ة على أ آثار ض‬ ‫ل أ ال‬ ‫ﻻن‬، ‫دون ح‬
an adverse tax implication of a Position
whatsoever. .‫سل ة ق ت ث على صفقة‬

Changes in the market ‫ق‬ ‫ال غ ات في ال‬ 3-9

Without limitation, we do not accept liability by ‫أو ال غ‬ ‫ال أخ‬ ‫ول ة‬ ‫ ﻻ نق ل ال‬، ‫دون ح‬
reason of a delay or change in market
conditions before instructions relating to a ‫ال عل ات ال علقة أ‬ ‫وف ال ق ق ل ت ف‬ ‫في‬
Position are effected.
.‫صفقة‬

Page 42 of 68
 Force Majeure ‫الق ة القاه ة‬ 4-9

9.4.1 We shall not be liable to you for a ‫أوع‬ ‫ول ة ت اه ع ال أخ‬ ‫ل ال‬ ‫ ل ن‬1-4-9
delayed, partial or complete non-
performance, or non-performance, of ‫ج‬ ‫ج ئ اً أو ل اً ﻻل امات ا‬ ‫ع م ال ف‬
our obligations hereunder by reason of
‫ ت ل‬.‫الق ة القاه ة‬ ‫ال اثلة‬ ‫ال و‬
Force Majeure. Nothing in these Terms
will exclude or restrict a duty or liability ‫واج‬ ‫ع أو ق أ‬ ‫ال و ال اثلة م ا‬
we may have to you under the
Applicable Regulations, which may not ‫ج‬ ‫لها ت اه‬ ‫ن‬ ‫أو م ول ة ق‬
be excluded or restricted thereunder. ‫ز اس عادها أو‬ ‫ وال ي ﻻ‬،‫ال عل ات ال ارة‬
.‫ج ها‬ ‫تق ها‬

9.4.2 We shall use all reasonable ‫ س ل ج ع ال ه د ال عق لة ﻹنهاء حالة الق ة‬2-4-9

endeavours to bring the Force Majeure
event to a close or to find a solution by ‫خﻼله ت ف‬ ‫م‬ ‫القاه ة أو ﻹ اد حل‬
which these Terms may be performed
‫وف‬ ‫ال و ال اثلة على ال غ م اس ار‬
despite the continuance of Force
Majeure circumstance, and we shall ‫ات ال عق لة‬ ‫ج ع ال‬ ‫ وس‬،‫الق ة القاه ة‬
take all reasonable steps to resume
performance as soon as is reasonably ‫ع ل اً ع‬ ‫م‬ ‫ﻻس اف اﻷداء في أق ب وق‬
practicable following the cessation of a .‫ت قف حالة الق ة القاه ة‬
Force Majeure event.

Indemnity ‫ال ع‬ 5-9

9.5.1 You shall pay to us such sums as we ‫ م‬،‫ تل م أن ت فع إل ا ال الغ ال ي ق ن ل ها‬1-5-9

may, from time to time, require in or
towards satisfaction of a debit balance ‫اس فاء رص‬ ‫ في س ل أو ن‬، ‫ﻵخ‬ ‫وق‬
on your Account. You shall also pay to ‫اً أن تع ض ا‬ ‫أ‬ ‫عل‬ ‫ و‬. ‫م ي في ح ا‬
us, on a full indemnity basis, a loss,
‫خ ارة أو‬ ‫ أ‬،‫ال ام‬ ‫ على أساس ال ع‬، ‫ع‬
liability, cost or expense (including legal
fees), tax, impost and levy which we or ‫وفات ) ا في ذل‬ ‫ال ام أو ت لفة أو م‬
our Affiliates may incur or be subject to ‫وال س م ال ي ق‬ ‫ائ‬ ‫اﻷتعاب القان ن ة( وال‬
with respect to your Accounts, a
‫ات ال ا عة ل ا أو ال ي‬ ‫أو ال‬ ‫لها ن‬ ‫ن‬
Position or a matching transaction on
an Underlying Market or as a result of a ‫ا ات أو أ صفقة أو‬ ‫ع لها ف ا ي عل‬ ‫ن‬
misrepresentation by you or a breach ‫ة‬ ‫ أو ن‬، ‫معاملة م ا قة في س ق أساسي‬
by you of your obligations to us under
these Terms or by the enforcement of ‫ج‬ ‫ت اه ا‬ ‫ال امات‬ ‫أو إخﻼل‬ ‫ف‬ ‫ل‬
our rights or the rights of our Affiliates. ‫خﻼل إنفاذ حق ق ا أو‬ ‫ال اثلة أو م‬ ‫ال و‬
All sums payable under this
‫دفع ج ع‬ .‫ات ال ا عة ل ا‬ ‫حق ق ال‬

Page 43 of 68
 clause 9.5(Indemnity) shall be paid free 5-9 ‫ه ا ال‬ ‫ج‬ ‫قة‬ ‫ال الغ ال‬
and clear of all deductions or
withholdings unless the deduction or ‫مات أو اس ق اعات‬ ‫خ‬ ‫" ب ون أ‬ ‫"ال ع‬
withholding is required by law. ‫ج‬ ً‫أو اﻻس ق اع م ل ا‬ ‫ال‬ ‫ما ل‬
.‫القان ن‬
9.5.2 The provisions of this clause 9.5 ‫" وﻻ‬ ‫ "ال ع‬5-9 ‫ع أح ام ه ا ال‬ ‫ ﻻ ت‬2-5-9
(Indemnity) shall not exclude or restrict
a duty or liability which we may have in ‫لها ف ا ي عل‬ ‫أو م ول ة ق ن‬ ‫تق أ واج‬
relation to you under the SCA .‫ال عل ات ال ارة‬ ‫ج‬
Rulebook.
No reliance ‫ع م اﻻع اد‬ 6-9

You acknowledge that you have not relied on or ‫ص في ال و‬ ‫م‬ ‫على تعه غ‬ ‫أن ل تع‬ ‫تق‬
been induced to enter into these Terms by a ‫ال اثلة ول ي ت ف ك على ال خ ل ف ها م خﻼل تعه‬
representation other than those expressly set
‫ول ة‬ ‫ل ال‬ ‫ ل ن‬.‫ص في ال و ال اثلة‬ ‫م‬ ‫غ‬
out in these Terms. We will not be liable to you
‫ص عل ها في ال و‬ ‫ال‬ ‫ت اه ع ال عه ات غ‬
for a representation that is not set out in these
.‫ال اثلة‬
Terms.

Page 44 of 68
 SECTION 10
SECTION 10 10 ‫الق‬

DATA PROTECTION ‫ح ا ة ال انات‬

Data protection ‫ح ا ة ال انات‬ 1-10

10.1.1 In the course of providing our Services it ‫ع‬ ‫ل أن ا س‬ ‫خ مات ا م ال‬ ‫ أث اء تق‬1-1-10
is likely that we will gather and use data
concerning individuals (the “Personal ‫)"ال انات‬ ‫م ال انات ال علقة‬ ‫ون‬
Data”). This Personal Data may relate to
‫ة‬ ‫ ق ت عل تل ال انات ال‬.("‫ة‬ ‫ال‬
individuals (the “Data Subjects”) who
are one of the following customers of ‫ن ن أح ع ﻼئ ا أو زوجه أو‬ ‫اﻷف اد ال ي‬
ours, their spouse or civil partner, or
other relative. ‫)"صاح‬ ‫ش ه ال ني أو أح أقاره اﻵخ‬
.("‫ال انات‬

10.1.2 We comply with the Applicable ‫أن ح ا ة‬ ‫ال عل ات ال ارة‬ ‫ نل م‬2-1-10

Regulations on data protection, which
govern how we may use Personal Data. ‫ام ا لل انات‬ ‫ف ة اس‬ ‫ وال ي ت‬،‫ال انات‬
Personal Data will not be kept for longer ‫ال انات‬ ‫اﻻح فا‬ ‫ي‬ ‫ ل‬.‫ة‬ ‫ال‬
than is necessary and will only be kept in
‫ة لف ة أ ل م الف ة الﻼزمة ول‬ ‫ال‬
order to comply with our legal and
regulatory obligations or our Policies. ‫أجل اﻻم ال‬ ‫بها إﻻ م‬ ‫اﻻح فا‬ ‫ي‬
.‫ة أو س اسات ا‬ ‫ﻻل امات ا القان ن ة وال‬

10.1.3 If you are a European national or ،‫م ا اً أورو ي أو مق اً في أورو ا‬ ‫ إذا‬3-1-10

resident, we process and use your
personal data in accordance with ً‫مها وفقا‬ ‫ة ون‬ ‫فإن ا نعالج ب انات ال‬
European Data Protection Law. Please ‫ ي جى ال ج ع‬.‫لقان ن ح ا ة ال انات اﻷورو ي‬
refer to our Privacy Notice to understand
‫فة‬ ‫ص ة ال اص ب ا لفه‬ ‫إلى إشعار ال‬
how we process and use your personal
data. If there is a conflict or inconsistency .‫ة‬ ‫ال‬ ‫ام ب انات‬ ‫عال ة واس‬ ‫ق ام ا‬
between these Terms and the Privacy ‫تعارض أو ت ارب ب‬ ‫في حال وج د أ‬
Notice, the terms of the Privacy Notice
‫ س ع‬،‫ص ة‬ ‫ال و ال اثلة وشعار ال‬
will prevail.
.‫ص ة‬ ‫ش و إشعار ال‬

10.1.4 We will, unless otherwise instructed and ، ‫ﻼف ذل‬ ‫ل على تعل ات‬ ‫ ما ل ن‬4-1-10
subject to Applicable Regulations, use
Personal Data for the following ‫ة لﻸغ اض ال ال ة‬ ‫م ال انات ال‬ ‫س‬

Page 45 of 68
 purposes, as appropriate to provide our ‫ض‬ ‫ال اجة وذل‬ ‫ ح‬،‫خ مات ا‬ ‫لق‬
Services:
:‫ح ود ال عل ات ال ارة‬

(a) for the purpose of providing ‫ال مات واس داد ال ي ن وم ع‬ ‫لغ ض تق‬ (‫)أ‬
Services, recovering a debt and
preventing fraud, or money .‫اﻻح ال أو غ ل اﻷم ال‬
laundering;
(b) for disclosure to regulatory ‫ وال رصات‬،‫ة‬ ‫لﻺف اح إلى ال ل ات ال‬ (‫)ب‬
authorities, stock exchanges
and clearing-houses, to persons ‫ ولى اﻷش اص ال ي‬،‫وغ ف ال قاصة‬
who provide us with services in
‫م اف ة‬ ‫ا‬ ‫مات ف ا ي عل‬ ‫ي ودون ا‬
connection with anti-fraud and
anti-money laundering controls, ‫ ولى اله ات‬،‫اﻻح ال وم اف ة غ ل اﻷم ال‬
to statutory and governmental
bodies, to our agents and ‫ ولى و ﻼئ ا ومقاول ا‬،‫م ة‬ ‫القان ن ة وال‬
contractors for the purposes of ‫أ‬ ‫م‬ ‫ و أم‬،‫ال مات‬ ‫ﻷغ اض تق‬
providing Services and by order
of a competent court; .‫ة‬ ‫ةم‬ ‫م‬
(c) to analyse information we hold ‫ال ي ن ف بها‬ ‫ل راسة ال عل مات ال علقة‬ (‫)ج‬
about you to enable us to send
the individual Data Subject ‫ا م إرسال معل مات م ض ع ال انات‬ ‫ل‬
information about us or our
‫ات ا وخ مات ا ﻷغ اض‬ ‫الف د ة ع ا أو ع م‬
Products and Services for
marketing purposes. If you do ‫في اس ﻼم‬ ‫ﻻ تغ‬ ‫وذا‬ ‫ال‬
not wish to receive marketing
information, please notify us in .ً‫ ي جى إخ ارنا اب ا‬،‫ق ة‬ ‫معل مات ت‬
writing.
(d) to contact a Data Subject, for ‫ على س ل‬،‫ال انات‬ ‫اح‬ ‫لﻼت ال‬ (‫)د‬
example, by email, SMS or
telephone for the same ‫وني أو‬ ‫اﻹل‬ ‫ال‬ ‫ ع‬،‫ال ال‬
purposes, or for purposes of
‫ة أو الهاتف لﻸغ اض‬ ‫ة الق‬ ‫ال سائل ال‬
providing Services; and
.‫ال مات‬ ‫نف ها أو ﻷغ اض تق‬
(e) to share the Personal Data with ‫ات‬ ‫ة مع ال‬ ‫ل ار ة ال انات ال‬ (‫)ه‬
our Affiliates and with our
business partners for the above ‫لﻸغ اض‬ ‫ال ا عة ل ا ومع ش ائ ا ال ار‬
purposes.
.‫رة أعﻼه‬ ‫ال‬
10.1.5 To provide our Services we may wish to ‫في نقل ال انات‬ ‫خ مات ا ق ن غ‬ ‫ ل ق‬5-1-10
transfer Personal Data to our Affiliates
internationally, in countries which may ‫ات ال ا عة ل ا في‬ ‫ة دول اً إلى ال‬ ‫ال‬
not have the benefit of equivalent data
‫عات ح ا ة‬ ‫ةت‬ ‫ال ل ان ال ي ق ﻻ ت ع‬
protection legislation.
.‫ال انات ال اثلة‬

Page 46 of 68
10.1.6 By entering into these Terms you ‫على‬ ‫ت اف‬ ‫ فإن‬،‫ال اثلة‬ ‫إب ام ال و‬ 6-1-10
consent to the processing of your
Personal Data, and if you provide us with ‫ب و نا‬ ‫ وذا ق‬،‫ة‬ ‫معال ة ب انات ال‬
data concerning other individuals, that in ‫ل‬ ‫)ف ا ي عل‬ ‫أف اد آخ‬ ‫ب انات ت عل‬
respect of each Data Subject whose
(‫ة‬ ‫صاح ب انات قّ م إل ا ب اناته ال‬
Personal Data you have provided to us,
you have obtained their explicit consent ‫فإن تق على أن ح ل على م افق ه‬
to our using their Personal Data for the ‫ة‬ ‫ام ا ل اناته ال‬ ‫ة على اس‬ ‫ال‬
purposes described and can
‫أن ت‬ ‫لﻸغ اض ال ض ة وأنه‬
demonstrate this to us if requested.
.‫ل ا‬ ‫ذل ع‬

10.1.7 A Data Subject in respect of whom we ‫ن ف ب اناته‬ ‫ال انات ال‬ ‫ل اح‬ 7-1-10
hold Personal Data can obtain a copy of
their information, or have inaccurate ‫ة م‬ ‫ل على ن‬ ‫ة ال‬ ‫ال‬
information corrected by writing to us. ‫دق قة‬ ‫ح معل مات غ‬ ‫ أو ت‬،‫معل ماته‬
We reserve the right to charge an
‫في‬ ‫ال‬ ‫ ن ف‬.ً‫ا اب ا‬ ‫م ا‬ ‫ع‬
administration fee for providing this
information and to require appropriate ‫ال عل مات‬ ‫تل‬ ‫ف ض رس م إدارة ل ق‬
proof of identity. . ‫إث ات اله ة ال اس‬ ‫و ل‬

Regulatory reporting ‫ة‬ ‫ال قار لله ة ال‬ 2-10

Under Applicable Regulations, we may be ‫ب‬ ‫ ق ن ن مل م‬،‫ال عل ات ال ارة‬ ‫ج‬

obligated to make information about certain
Positions public. You agree and acknowledge ‫أن ج ع‬ ‫وتق‬ ‫ ت اف‬.‫معل مات ح ل صفقات مع ة‬
that all proprietary rights in information relating to
‫حق ق ال ل ة في ال عل مات ال علقة به ه ال فقة‬
such Position are owned by us and you waive
any duty of confidentiality attached to the ‫ة ال ت‬ ‫لل‬ ‫واج‬ ‫أ‬ ‫م ل ة ل ا وت ازل ع‬
information which we reasonably disclose.
.‫ل معق ل‬ ‫ال عل مات ال ي نف ح ع ها‬

Reporting obligations to you ‫تقار ل‬ ‫تف‬ 3-10

We may provide you with regular reports on the

ً‫أداء خ مات ا وفقا‬ ‫ة ع‬ ‫م‬ ‫تقار‬ ‫ق نق م إل‬
performance of our Services in accordance with
Applicable Regulations. Such reports may be ‫في‬ ‫ال قار‬ ‫تل‬ ‫ت‬ ‫لل عل ات ال ارة وق ي‬
included in periodic communications to you and
‫اﻻع ار‬ ‫مع اﻷخ ع‬ ‫ال اسﻼت ال ورة ال ق مة إل‬
take into account the type and complexity of the
investments involved and the nature of our ‫في اﻻس ارات ال ع ة و عة‬ ‫ن ع ودرجة ال عق‬
Services provided to you and, where applicable,
will include the associated costs and charges.

Page 47 of 68
 ‫ل‬ ‫ س ف ت‬،‫اء‬ ‫اﻻق‬ ‫ وع‬، ‫خ مات ا ال ق مة ل‬
.‫ال ال ف وال س م ذات ال لة‬

SECTION 11 11 ‫الق‬

MISCELLANEOUS AND GOVERNING LAW ‫أح ام م عة والقان ن ال اك‬

‫ اللغة‬1-11
Language

These Terms are supplied to you in Arabic and ‫الع ة واﻹن ل ة‬ ‫اللغ‬ ‫ال و ال اثلة مق مة إل‬
English and we will continue to communicate
with you in Arabic or English (as requested by ‫اللغة الع ة أو اﻹن ل ة )ح‬ ‫وس اصل مع‬
you) for the duration of these Terms. You may
‫ات‬ ‫ ق ت ل م‬.‫ال م ة ال و ال اثلة‬ ( ‫ل‬
receive documents and other information about
us in Arabic, English and other languages. If a .‫ع ا اللغات الع ة واﻹن ل ة وغ ها‬ ‫ومعل مات أخ‬
document is translated into another language,
this will be for information purposes only and the ‫ن ذل ﻷغ اض‬ ‫ ف‬، ‫إلى لغة أخ‬ ‫إذا ت ت ج ة م‬
Arabic version will prevail in the event of a ‫ة الع ة في حال وج د‬ ‫ال‬ ‫ وتع‬،ً‫ا‬ ‫إعﻼم ة ح‬
conflict or inconsistency.
.‫ال خ‬ ‫تعارض أو ت ارب ب‬

Applicable Regulations ‫ال عل ات ال ار ة‬ 2-11

11.2.1 These Terms are subject to Applicable ‫ال اثلة لل عل ات ال ارة‬ ‫ع ال و‬ ‫ ت‬1-2-11
Regulations. Applicable Regulations are
binding on us and you. . ‫وال ي هي مل مة ل ا ول‬

11.2.2 Nothing in these Terms excludes or ‫ع أو ق‬ ‫ ت ل ال و ال اثلة م ما‬2-2-11

restricts an obligation which we have to
you under Applicable Regulations. .‫ال عل ات ال ارة‬ ‫ج‬ ‫ال اماً ت اه‬

11.2.3 We may take or omit to take an action ‫ا‬ ‫ز ل ا ات اذ أو ع م ات اذ إج اء ح‬ 3-2-11

we consider necessary to ensure
compliance with Applicable ‫ان اﻻم ال لل عل ات‬ ‫ن اه ض ور اً ل‬
Regulations. Actions that we take, or fail
‫ها‬ ‫ها أو ﻻ ن‬ ‫ اﻹج اءات ال ي ن‬.‫ال ارة‬
to take, for the purpose of compliance
with Applicable Regulations will not ‫لغ ض اﻻم ال لل عل ات ال ارة ل ت عل ا‬
render us or our directors, officers,
employees, agents or Affiliates liable. ‫أو م ي ا أو م ول ا أو م ف ا أو و ﻼئ ا‬
. ‫ات ال ا عة ل ا م ول‬ ‫أو ال‬

Page 48 of 68
 Amendments ‫ال ع يﻼت‬ 3-11

11.3.1 We may amend these Terms at our sole ‫ز ل ا تع يل ال و ال اثلة وفقاً ل ق ي نا‬ 1-3-11
discretion, by posting the amended and
restated Terms on our Website. We will ‫ال ع لة‬ ‫ال و‬ ‫ن‬ ‫ال اص ع‬
notify you in writing of such ‫وني‬ ‫وال عاد ص اغ ها على م قع ا اﻹل‬
amendments and we may require your
‫ا ًة به ه ال ع يﻼت وق ن ل‬ ‫ك‬ ‫وس‬
express consent in order to continue
provision of our Services. Where your ‫ة على ال ع يﻼت ل اصلة‬ ‫ال‬ ‫م افق‬
consent is required, any such ،‫م ل ة‬ ‫ ع ما ت ن م افق‬.‫خ مات ا‬ ‫تق‬
amendment will come into effect on the
‫تق م ف ه‬ ‫تع يل في ال ارخ ال‬ ‫أ‬
date you provide consent or otherwise
express agreement to the amendment ‫ح على تع يل‬ ‫ال افقة أو اﻻتفاق ال‬
of our Terms. Unless otherwise agreed, ، ‫ ما ل ي اﻻتفاق على خﻼف ذل‬.‫ش و ا‬
an amendment will not affect an
outstanding Order, an open Position, a ‫أو صفقة‬ ‫ل ي ث ال ع يل على أم معل‬
legal right or obligation which may have ‫نق‬ ‫مف حة أو ح قان ني أو ال ام ق‬
arisen.
.‫ن أ‬

11.3.2 We may also amend these Terms to ‫اً تع يل ال و ال اثلة لﻼم ال‬ ‫زلاأ‬ 2-3-11
comply with Applicable Regulations ‫أو م ل ات اله ة م‬/‫لل عل ات ال ارة و‬
and/or SCA’s requirements from time to
‫ إذا ت تع يل ال و ال اثلة له ا‬. ‫ﻵخ‬ ‫وق‬
time. If these Terms are amended for
this reason, we will provide written ‫ ف ق م ل إخ ار ابي به ا ال ع يل‬، ‫ال‬
notice to you of such amendment within ‫ل‬ ‫ق‬ ‫ وال‬،‫ي‬ ‫ ي م تق‬30 ‫ن‬ ‫في غ‬
30 calendar days, which may include ‫ال ع يﻼت‬ ‫أو ن‬ ‫وني إل‬ ‫إل‬ ‫إرسال ب‬
sending an e-mail to you or publishing
‫تع يل م ه ا‬ ‫ أ‬.‫وني‬ ‫على م قع ا اﻹل‬
the amendments on our Website. Any
‫في ال ارخ‬ ‫ال ف‬ ‫الق ل س ف ي خل ح‬
such amendment will come into effect
on the date specified by us .‫د م ق ل ا‬ ‫ال‬

Notices ‫اﻹشعارات‬ 4-11

Unless otherwise agreed, a notice, instruction ‫إرسال إشعار‬ ‫ س‬، ‫ما ل ي اﻻتفاق على خﻼف ذل‬
and other communication by us under these
Terms will be sent to the e-mail address ‫ال و‬ ‫ج‬ ‫م جان ا‬ ‫وتعل ات وم اسﻼت أخ‬
registered with us. A notice, instruction or other ‫في‬ ‫ل وال ع‬ ‫وني ال‬ ‫اﻹل‬ ‫ال اثلة إلى ع ان ال‬
communication will take effect on dispatch. Each

Page 49 of 68
notice, instruction or other communication to you ‫ ي الع ل اﻹشعار أو‬. ‫الع ل ال اص‬ ‫ملف تع‬
(except confirmations, Account Statement, and
Margin Calls) is conclusive unless you provide ‫ ع‬.‫ع اﻹرسال‬ ‫ال عل ات أو أ وس لة ات ال أخ‬
us with a written objection within five Business ‫) اس اء‬ ‫كل إشعار أو تعل ات أو أ ات ال آخ إل‬
Days’ of the date on which such document was
‫اب و ل ات الهام ( نهائ اً ما ل‬ ‫ال أك ات و ف ال‬
dispatched. You will notify us of a change to your
address telephone number or e-mail address in ‫تق م إل ا اع اضاً اب اً خﻼل خﻼل خ ة أ ام ع ل م‬
accordance with this clause 11.4 (Notices). ‫ع ان‬ ‫نا ب غ‬ ‫سفت‬. ‫تارخ إرسال ذل ال‬
‫وني ال اص‬ ‫اﻹل‬ ‫أو رق الهاتف أو ع ان ال‬
."‫ "اﻹشعارات‬4-11 ‫وفقاً له ا ال‬

Communications with us ‫ال اصل مع ا‬ 5-11

You may communicate with us in writing, ‫وني أو ب سائل‬ ‫اﻹل‬ ‫ال اصل مع ا اب اً ال‬
through email or by other electronic means or
orally (including by telephone). Our contact ‫ ف ا‬.(‫أو شفه اً ) ا في ذل ع الهاتف‬ ‫ون ة أخ‬ ‫إل‬
details are as follow:
:‫يلي ب ان تفاص ل اﻻت ال ب ا‬

Address: Lamborghini Building, Floor 2, Sheikh ، ‫ شارع ال خ زاي‬،2 ‫ ال اب‬،‫ ب ا ة ﻻم رغ ي‬:‫الع ان‬
Zayed Road, Dubai, 117814, United Arab ‫ة‬ ‫ اﻹمارات الع ة ال‬،117814 ،‫دبي‬
Emirates

Telephone Number: 00971 4 436 8311 00971 4 436 8311 :‫رق الهاتف‬

Email Address: The email address of ‫وني ل ي‬ ‫اﻹل‬ ‫ ع ان ال‬:‫وني‬ ‫اﻹل‬ ‫ع ان ال‬
your relationship manager or, if unavailable,
support.ae@equiti.com support.ae@equiti.com ‫ أو‬، ‫العﻼقات ال اص‬
ً‫م احا‬ ‫ إذا ل‬،

Our Website can be found at: : ‫ع‬ ‫وني‬ ‫اﻹل‬ ‫م قع ا‬ ‫إلى‬ ‫ال ص ل‬
www.equiti.com/uae-en
. www.equiti.com/uae-ar

These contact details will be used as the method ‫قة لل اصل‬ ‫رة‬ ‫ام تفاص ل اﻻت ال ال‬ ‫اس‬ ‫س‬
of communication between us. However, for
sending Orders and other instructions to us, ،‫إل ا‬ ‫ ﻹرسال اﻷوام وال عل ات اﻷخ‬، ‫ ومع ذل‬.‫ب ا‬
please see SECTION 3 (Placing an Order).
." ‫اﻷم‬ ‫ "تق‬3 ‫ي جى اﻻ ﻼع على الق‬

Page 50 of 68
 Electronic communications ‫ون ة‬ ‫اﻻت اﻻت اﻹل‬ 6-11

11.6.1 Subject to Applicable Regulations, in the ‫ام‬ ‫ في حال اس‬،‫ مع م اعاة ال عل ات ال ارة‬1-6-11
event that electronic signatures are
‫ون ة في ال اصل ب ا ت ن‬ ‫ال ق عات اﻹل‬
used in a communication between us,
such communication is binding as if it ‫ان‬ ‫ا ل‬ ‫ون ة مل مة‬ ‫ال ق عات اﻹل‬
were in writing. Orders or instructions ‫أو ال عل ات ال ي‬ ‫ل اﻷوام‬ ‫ س‬.‫ك اب ة‬
given by you through e-mail or other ‫وني أو غ ها م‬ ‫اﻹل‬ ‫ال‬ ‫تق مها ع‬
electronic means will constitute
evidence of the Orders or instructions
‫أو‬ ‫ون ة دل ﻼً على اﻷوام‬ ‫ال سائل اﻹل‬
given. .‫ال عل ات ال ق مة‬

11.6.2 Acceptance of these Terms or other ‫ات‬ ‫ال اثلة أو ال‬ ‫ل ق ل ال و‬ 2-6-11
documents done through electronic
means such as a tick box on the ‫ون ة م ل خانة‬ ‫ام وسائل إل‬ ‫اس‬ ‫اﻷخ‬
Website, or acceptance through e-mail ‫ أو‬،‫وني‬ ‫اﻻخ ار لل افقة في ال قع اﻹل‬
or on the Platform shall constitute
‫ة‬ ‫وني أو على ال‬ ‫اﻹل‬ ‫ال‬ ‫الق ل ع‬
evidence of your acceptance of these
Terms and other documents. ‫ال اثلة‬ ‫على ال و‬ ‫دل ﻼً على م افق‬
. ‫ات اﻷخ‬ ‫وال‬

Policies ‫ال اسات‬ 7-11

11.7.1 All Policies, in force from time to time, ، ‫ ت ل ج ع ال اسات ال ارة م وق ﻵخ‬1-7-11
are part of the Client Agreement. By
accepting these Terms you confirm that ‫لل و‬ ‫ ق ل‬.‫اتفاق ة الع ل‬ ‫ج ءاً م‬
you have read and understood the
‫ق ق أت وفه‬ ‫أن‬ ‫ت‬ ‫ فإن‬،‫ال اثلة‬
Policies and accept the Policies.
.‫ال اسات وتق ل بها‬

11.7.2 We may amend the Policies from time to

ً‫ﻵخ وفقا‬ ‫ز ل ا تع يل ال اسات م وق‬ 2-7-11
time at our discretion and we may
require your express consent in order to ‫ة‬ ‫ال‬ ‫م افق‬ ‫ن ل‬ ‫ وق‬.‫ل ق ي نا‬
continue provision of our Services. An
‫تع يل‬ ‫أ‬ ‫ س ع‬.‫خ مات ا‬ ‫ل اصلة تق‬
amendment to a Policy will be reflected
on the available version of such Policy ‫ة ال احة م تل‬ ‫على ال اسة على ال‬
on our Website. Where your consent is
required, any such amendment will
‫ ع ما ت ن‬.‫وني‬ ‫ال اسة على م قع ا اﻹل‬
come into effect on the date you provide

Page 51 of 68
 consent or otherwise express ‫أ تع يل في ال ارخ‬ ،‫م ل ة‬ ‫م افق‬
agreement to the amendment of the
relevant Policy. ‫ح على‬ ‫تق م ف ه ال افقة أو اﻻتفاق ال‬ ‫ال‬
..‫تع يل ال اسة ذات ال لة‬

Complaints procedure ‫إج اءات ال او‬ 8-11

11.8.1 We have internal procedures for ‫إج اءات داخل ة لل عامل مع ال او‬ ‫ ن‬1-8-11
handling complaints fairly and promptly
‫مع س اسة‬ ‫ل ن ه وس ع ف ا ي اف‬
in accordance with our Complaints
Handling Policy. You may submit a ‫ع تق‬ ‫ ت‬.‫ل ي ا‬ ‫ال عامل مع ال او‬
complaint to us by letter, telephone, e- ‫أو‬ ‫ا ال‬ ‫م ا‬ ‫إل ا ع‬ ‫ش‬
mail, or in person. We will send you a .ً‫ا‬ ‫وني أو ش‬ ‫اﻹل‬ ‫الهاتف أو ال‬
written acknowledgement of your
complaint within three Business Days’ of
‫اك خﻼل ثﻼثة‬ ً‫إق ا اًر اب ا‬ ‫س سل إل‬
receipt of your complaint. Please ‫ ي جى ال اصل‬.‫أ ام ع ل م اس ﻼم ش اك‬
contact us if you would like further ‫ل على م‬ ‫في ال‬ ‫تغ‬ ‫مع ا إذا‬
details regarding our complaints
‫أن إج اءات ال او ال عة‬ ‫م ال فاص ل‬
procedures.
.‫ل ي ا‬

11.8.2 You may submit a written complaint by ‫ت ج هها‬ ‫خ ةع‬ ‫ش‬ ‫ع تق‬ ‫ ت‬2-8-11
addressing it to the Compliance
Manager at Lamborghini Building, Floor ،‫اﻻم ال في ب ا ة ﻻم رغ ي‬ ‫إلى م ي‬
2, Sheikh Zayed Road, Dubai, 117814,
،‫ دبي‬، ‫ شارع ال خ زاي‬،2 ‫ال اب‬
United Arab Emirates, by email to
compliance.uae@equiti.com or by ‫ة م‬ ‫ اﻹمارات الع ة ال‬،117814
phone on the number listed on our
Website. ‫وني‬ ‫اﻹل‬ ‫ال‬ ‫خﻼل‬
‫أو‬ compliance.uae@equiti.com
‫ل على‬ ‫م خﻼل الهاتف على ال ق ال‬
.‫وني‬ ‫م قع ا اﻹل‬

Conflicts of Interest ‫الح‬ ‫ت ارب ال‬ 9-11

11.9.1 Situations may arise where our ‫ ق ت عارض م ال ا أو‬،‫ في حاﻻت مع ة‬1-9-11
interests, or those of our Affiliates,
directors, employees, agents, ‫ات ال ا عة ل ا أو م ي ا أو‬ ‫م الح ال‬
representatives, staff or other clients,
conflict with your interests.

Page 52 of 68
 ‫م ف ا أو و ﻼئ ا أو م ل ا أو م ول ا أو‬
. ‫مع م ال‬ ‫ع ﻼئ ا اﻵخ‬

11.9.2 Our Conflicts of Interest Policy is a ‫الح ال اصة ب ا هي‬ ‫ س اسة ت ارب ال‬2-9-11
Policy we maintain setting out the
circumstances which may constitute or ‫س اسة ن اف عل ها وت د ال وف ال ي ق‬
may give rise to a conflict of interest, the
،‫الح‬ ‫ت ل أو ق ت د إلى ت ارب في ال‬
procedures we follow, and the
measures we adopt to identify, prevent ‫ال ي ن اها‬ ‫ وال اب‬،‫واﻹج اءات ال ي ن عها‬
or mitigate such conflicts.
‫مل ه ه‬ ‫ي أو م ع أو ال ف ف م‬ ‫ل‬
.‫ارات‬ ‫ال‬

11.9.3 A copy of our Conflicts of Interest Policy ‫الح ال اصة‬ ‫ة م س اسة ت ارب ال‬ ‫ ن‬3-9-11
is available on our Website. The
Conflicts of Interest Policy is part of ‫ تع س اسة‬.‫وني‬ ‫ب ا م احة على م قع ا اﻹل‬
these Terms. By accepting these .‫الح ج ءاً م ال و ال اثلة‬ ‫ت ارب ال‬
Terms, you consent to the Conflicts of
‫على‬ ‫ت اف‬ ‫ فإن‬،‫ال اثلة‬ ‫لل و‬ ‫ق ل‬
Interest Policy.
.‫الح‬ ‫س اسة ت ارب ال‬

Entire agreement ‫ اﻻتفاق ال امل‬10-11

11.10.1 These Terms replace the previous ‫ ت ل ال و ال اثلة م ل اﻷتفاق ة ال ا قة‬1-10-11

agreement between us in relation to the
subject matter of these Terms. Except .‫ال اثلة‬ ‫ض ع ال و‬ ‫ب ا ذل‬
as otherwise provided in these Terms,
‫ص عل ه خﻼفاً ل ل‬ ‫اس اء ما ه م‬
these Terms represent the entire terms
on which our trading relationship is ‫ ت ل ه ه ال و‬، ‫في ال و ال اثلة‬
established.
.‫كامل أح ام عﻼق ا ال ارة‬

11.10.2 These Terms, the particular terms ‫ س ل ال و ال اثلة وال و ال اصة‬2-10-11

applicable to each Position (including
the confirmation applicable to a ‫ال قة على ل صفقة ) ا في ذل‬
Position), and an amendment to either, ‫فقة( وتع يل أ‬ ‫ال أك ات ال علقة‬
will constitute a single agreement
.‫ اتفاق ة واح ة ب ا‬،‫م ه ا‬
between us.

Page 53 of 68
 Assignment ‫ اﻹحالة‬11-11

11.11.1 These Terms will be for the benefit of ‫وت ن مل مة ل‬ ‫ أن ال و ال اثلة ت‬1-11-11
and binding upon you and us, and our
respective successors and assignees. ‫زل‬ ‫ ﻻ‬.‫ول ا ول لفائ ا وال ال إل ه م ا‬
You must not assign, charge or ‫ال و‬ ‫ج‬ ‫إحالة حق ق أو ال امات‬
otherwise transfer or purport to assign,
‫ال اثلة أو أ م ل ة في ال و ال اثلة أو‬
charge or otherwise transfer your rights
or obligations under these Terms or an ‫ره ها أو نقلها أو اﻻدعاء إحال ها أو ره ها‬
interest in these Terms, without our prior ‫ل‬ ‫ دون ال‬، ‫قة أخ‬ ‫أو نقلها أ‬
written consent. A charge or transfer in
‫ قع ا ﻼً أ‬.‫على م افقة اب ة م قة م ا‬
violation of this clause 11.11
(Assignment) will be void. You must not -11 ‫الفة ه ا ال‬ ‫ره أو إحالة ت ف‬
allow a trust to be declared over any of ‫إن اء وصا ة‬ ‫ز ل‬ ‫ ﻻ‬.("‫ "اﻹحالة‬11
your rights under these Terms without
our prior written consent. ‫ال اش ة ع ال و‬ ‫أو ُعه ة على حق ق‬
.‫قة‬ ‫ال اثلة دون م افق ا ال اب ة ال‬

11.11.2 Subject to Applicable Regulations, we ‫ز لا‬ ،‫ مع م اعاة ال عل ات ال ارة‬2-11-11

may delegate the performance of our
obligations to an appropriate third party. ‫ف ثال‬ ‫أداء ال امات ا إلى‬ ‫تف‬
Such delegation will not affect our
‫على‬ ‫ال ف‬ ‫ذل‬ ‫يث‬ ‫ول‬ ‫م اس‬
obligations under these Terms. We will
be entitled to assign all or part of our ‫لا‬ .‫ال و ال اثلة‬ ‫ج‬ ‫ال امات ا‬
benefits or rights under these Terms
without your consent. ‫م ال ا أو حق ق ا‬ ‫إحالة ج ع أو ع‬
. ‫ال و ال اثلة دون م افق‬ ‫ج‬

Joint and several liability ‫ام ة وال افل ة‬ ‫ول ة ال‬ ‫ ال‬12-11

If you are a partnership, or otherwise comprise ‫م‬ ‫ان ي ن م أك‬ ‫ أو‬، ‫ش ة ت ام‬ ‫إذا‬
more than one person, your liability under these
Terms will be joint and several along with such ‫ج‬ ‫ن م ول‬ ‫ ف‬، ‫قة أخ‬ ‫ش‬
other person. In the event of the death,
‫ال‬ ‫ال اثلة ت ام ة وت افل ة مع ذل‬ ‫ال و‬
bankruptcy, winding-up or dissolution of one or
more of such persons (but without prejudice to ‫ في حالة وفاة أو إفﻼس أو ت ف ة أو حل واح‬. ‫اﻵخ‬
the foregoing or our rights in respect of such
person and their successors) the obligations and ‫م ه ﻻء اﻷش اص )دون ال اس ا ورد في‬ ‫أو أك‬
rights of all other connected persons under ،( ‫وخلفائه‬ ‫أو حق ق ا ف ا ي عل ب ل ال‬ ‫ه ا ال‬
these Terms shall continue in full force and
effect. ‫س ان ال امات وحق ق ج ع اﻷش اص‬

Page 54 of 68
 ‫امل اﻷث‬ ‫ال و ال اثلة‬ ‫ج‬ ‫اﻵخ‬ ‫ال ت‬
.‫وال فع ل‬

Confidentiality ‫ة‬ ‫ ال‬13-11

11.13.1 We both irrevocably agree and :‫تعه ﻻ رجعة ف ه ا يلي‬ ‫ ي عه ال ف‬1-13-11

undertake:
(a) to use best endeavours to keep ‫على س ة‬ ‫ب ل أف ل ال ه د لل فا‬ (‫)أ‬
confidential, and to ensure
respective officers, employees, ‫ول‬ ‫ال‬ ‫ق ام‬ ‫وض ان‬ ‫ال عل مات‬
agents and professional and
other advisers keep ‫ال ه‬ ‫ار‬ ‫وال ﻼء وال‬ ‫ف‬ ‫وال‬
confidential, all confidential
information; ‫ال اف ة على‬ ‫اﻻس ار‬ ‫وغ ه م‬
‫س ة ال عل مات؛‬
(b) not to give, disclose, sell, ‫معل مات س ة أو ال ف‬ ‫أ‬ ‫ع م تق‬ (‫)ب‬
transfer, charge or otherwise
dispose confidential ‫ف‬ ‫ع ها أو ب عها أو نقلها أو ره ها أو ال‬
information, in whole or in part, ‫ إلى‬،ً‫ ل اً أو ج ئ ا‬، ‫قة أخ‬ ‫ف ها أ‬
to another person; and
‫عي أو إع ار آخ ؛ و‬ ‫ش‬
(c) not to use the confidential ‫إﻻ‬ ‫ة‬ ‫ال‬ ‫ال عل مات‬ ‫ام‬ ‫اس‬ ‫عم‬ (‫)ج‬
information other than for the
purposes contemplated under ‫ص عل ها في ال و‬ ‫لﻸغ اض ال‬
these Terms.
.‫ال اثلة‬

11.13.2 This clause 11.13 (Confidentiality) does :‫ة" على‬ ‫ "ال‬13-11 ‫ه ا ال‬ ‫ ﻻ ي‬2-13-11
not apply to:
(a) information which is or becomes ‫ال عل مات ال ي ت ن م احة لل ه ر أو‬ (‫)أ‬
publicly available (otherwise than
as a result of a breach of clause ‫ن‬ ‫ح م احة لل ه ر ) ﻼف ما‬ ‫ت‬
11.13);
‫(؛‬13-11 ‫ة لﻺخﻼل ال‬ ‫ن‬
(b) the disclosure of information to the ‫ن معه‬ ‫اﻹف اح ع ال عل مات الق ر ال‬ (‫)ب‬
extent such disclosure is required
in order to provide the Services,
subject to Applicable Regulations; ‫ال مات مع م اعاة‬ ‫ذل ال ف م ل اً ل ق‬
and
‫ال عل ات ال ارة؛ و‬

(c) the disclosure of information to the ‫ه‬ ‫ق‬ ‫اﻹف اح ع ال عل مات الق ر ال‬ (‫)ج‬
extent such disclosure is required
by law, a court of competent
jurisdiction, a governmental, ‫ة أو سل ة ح م ة‬ ‫ةم‬ ‫القان ن أو م‬

Page 55 of 68
 official or regulatory authority, or a ‫ق ائي‬ ‫ح‬ ‫ج‬ ‫ة أو‬ ‫أو رس ة أو ت‬
binding judgment, order or
requirement of a competent
authority. .‫ة‬ ‫مل م م سل ة م‬ ‫أو أم أو م ل‬

Rights and remedies ‫ ال ق ق وال اب‬14-11

The rights and remedies provided under these ‫ص عل ها في ال و ال اثلة‬ ‫ال‬ ‫ال ق ق وال اب‬
Terms are cumulative and not exclusive of those
provided by Applicable Regulations. We are ‫ص عل ها‬ ‫ي تل ال ق ق وال اب ال‬ ‫ت اك ة وﻻ ت‬
under no obligation to exercise a right or ‫ارسة أ ح‬ ‫ل ا مل م‬ ‫ ن‬.‫في ال عل ات ال ارة‬
remedy. A failure or delay by us in exercising our
‫ل إخفاق ا أو تأخ نا في م ارسة‬ ‫ ﻻ‬.‫افي‬ ‫أو ت ب ان‬
rights under these Terms (including a Position)
or otherwise is not a waiver of such right or (‫ال فقات‬ ‫ال و ال اثلة ) ا في ذل‬ ‫ج‬ ‫حق ق ا‬
remedy. No single or partial exercise of a right or .‫افي‬ ‫اﻻن‬ ‫أو ال ب‬ ‫ذل ت ازﻻً ع ذل ال‬ ‫أو غ‬
remedy will prevent further exercise of that right
‫ل ت د أ م ارسة ف د ة أو ج ئ ة ﻷ ح أو ت ب‬
or remedy or the exercise of another right or
remedy. ‫أو ال ب‬ ‫ل ل ال‬ ‫افي إلى م ع أ م ارسة أخ‬ ‫ان‬
. ‫افي آخ‬ ‫ان‬ ‫افي أو م ارسة أ ح أو ت ب‬ ‫اﻻن‬

Set-off ‫ ال قاصة‬15-11

We may at any time and without notice to you ‫ز ل ا في أ وق ودون ساب إن ار ل مقاصة ال الغ‬
set off amounts that you owe to us (whether
actual or contingent, present or future). These ‫ حال ة‬،‫فعل ة أو عارضة‬ ‫ال ي ت ي بها ل ا )س اء ان‬
amounts may be set-off from your Account.
‫ز مقاصة تل ال الغ م أ ح اب‬ .(‫أو م ق ل ة‬
.‫مع ا‬

You agree that you may not exercise a right of ‫ز ل م ارسة ح ال قاصة مقابل‬ ‫ت اف على أنه ﻻ‬
set-off against amounts you owe to us under
these Terms. We are not obligated to exercise ‫ ن‬.‫ال و ال اثلة‬ ‫ج‬ ‫ال الغ ال ي ت ي بها ل ا‬
our rights under this clause 11.15 (Set-off),
15-11 ‫ه ا ال‬ ‫ج‬ ‫ارسة حق ق ا‬ ‫ل ا مل م‬
which may be without prejudice to and in
addition to a right of set-off, combination of ‫أن ت ن دون ال اس و اﻹضافة‬ ‫ وال ي‬،"‫"ال قاصة‬
Accounts, lien or other right to which we are at
any time otherwise entitled (whether by ‫أو أ ح آخ ن ع ه في‬ ‫إلى ح ال قاصة أو ال‬
operation of law, contract or otherwise). ‫القان ن أو العق أو‬ ‫ج‬ ‫ﻼف ذل )س اء‬ ‫أ وق‬
.( ‫ذل‬ ‫غ‬

Page 56 of 68
 Partial invalidity ‫ ال ﻼن ال ئي‬16-11

If, at any time, a provision of these Terms is or ‫ان أو أص ح أ ب م ال و‬ ‫إذا ان في أ وق‬

becomes illegal, invalid or unenforceable in any
respect under Applicable Regulations, neither ‫ص ح أو غ ناف أ ش ل‬ ‫ال اثلة غ قان ني أو غ‬
the legality, validity or enforceability of the
‫ فﻼ ت أث قان ن ة‬،‫ال عل ات ال ارة‬ ‫ج‬ ‫م اﻷش ال‬
remaining provisions of these Terms nor the
legality, validity or enforceability of such ‫أو ص ة أو نفاذ اﻷح ام ال ق ة م ال و ال اثلة أو‬
provision under the law of another jurisdiction
will be affected or impaired. ‫قان ن أ‬ ‫ج‬ ‫أو ص ه أو نفاذه‬ ‫قان ن ة ذل ال‬
. ‫وﻻ ة ق ائ ة أخ‬

Recording and monitoring of ‫ل وم اق ة اﻻت اﻻت‬ ‫ ت‬17-11

communications

We may monitor and record communications we ‫لها‬ ‫ها مع وت‬ ‫ز ل ا م اق ة اﻻت اﻻت ال ي ن‬
have with you under these Terms, using
monitoring devices or other technical and ‫ام أجه ة ال اق ة أو‬ ‫اس‬ ‫ال و ال اثلة وذل‬ ‫ج‬
physical means. The monitoring and recording
of communications may take place whenever we ‫ز م اق ة‬ ‫ و‬.‫ال سائل ال ق ة وال اد ة‬ ‫م‬ ‫ذل‬ ‫غ‬
deem necessary for the purposes permitted by
Applicable Regulations and to ensure regulatory ‫ض ور اً لﻸغ اض‬ ‫ل اﻻت اﻻت ل ا رأي ا ذل‬ ‫وت‬
compliance. Telephone conversations and other
electronic communications may be recorded .‫ان اﻻم ال بها‬ ‫ها ال عل ات ال ارة ول‬ ‫ال ي ت‬
without use of a warning tone or notification to ‫م‬ ‫ذل‬ ‫ل ال ادثات الهاتف ة وغ‬ ‫ز ت‬
ensure that the material terms of a Position, and
other material information relating to the ‫أو‬ ‫ام نغ ة ت ي‬ ‫ون ة دون اس‬ ‫اﻻت اﻻت اﻹل‬
Position, are promptly and accurately recorded.
Such records will be our sole property and ‫ذل‬ ‫ل ال د ال ه ة لل فقة وغ‬ ‫ان ت‬ ‫إخ ار ل‬
accepted by you as evidence of the Orders or
instructions given. We may use such recordings ‫ على الف ر‬،‫ال عل مات ال اد ة ال علقة ال فقة‬ ‫م‬
and other records as evidence in court or other
proceedings. ‫ة‬ ‫ا ال‬ ‫ﻼت مل‬ ‫ال‬ ‫ س ن تل‬.‫و قة‬
‫ز‬ .‫م دل ﻼً على اﻷوام أو ال عل ات ال ق مة‬ ‫وس‬
‫ﻼت‬ ‫ال‬ ‫م‬ ‫ذل‬ ‫ﻼت وغ‬ ‫ال‬ ‫ام تل‬ ‫ل ا اس‬
. ‫ة أو أ إج اءات أخ‬ ‫ك ل ل في ال‬

Our records ‫ س ﻼت ا‬18-11

Our records, unless evidenced to be wrong, will ‫ دل ﻼً على‬،‫أنها خا ة‬ ‫ ما ل ي‬،‫س ن س ﻼت ا‬

be evidence of your dealings with us in
connection with our Services. You will not object ‫ ت عه ع م اﻹع اض‬.‫مات ا‬ ‫تعامﻼت مع ا ف ا ي عل‬
to the admission of our records as evidence in a

Page 57 of 68
legal proceedings because such records are not ‫ل ل في اﻹج اءات القان ن ة ب رعة أن‬ ‫على س ﻼت ا‬
originals, are not in writing or are documents
produced by a computer. You will not rely on us ‫خ ة أو أنها‬ ‫أصل ة أو ل‬ ‫ﻼت ل‬ ‫ال‬ ‫تل‬
to comply with your record keeping obligations,
‫ على ال غ م‬. ‫ت‬ ‫ات مع ة ب اس ة جهاز‬ ‫م‬
although records may be made available to you
on request at our discretion. ‫ز‬ ‫ ﻻ‬،‫أن ا ق ن ف ل س ﻼت ع ال ل وفقاً ل ق ي نا‬
‫ﻼت‬ ‫ف ال‬ ‫ل اﻻع اد عل ا في اﻻم ال ال امات‬
. ‫ال اصة‬

Your records ‫ س ﻼت‬19-11

If applicable, you agree to keep adequate ‫ﻼت اف ة‬ ‫ ت اف على اﻻح فا‬،ً‫ا‬ ‫إذا ان ذل م‬
records in accordance with Applicable
Regulations to demonstrate the nature of Orders
submitted and the time at which such Orders are ‫ال ق مة‬ ‫عة اﻷوام‬ ‫وفقاً لل عل ات ال ارة ﻹث ات‬
submitted.
. ‫تل اﻷوام‬ ‫تق‬ ‫ووق‬

Co-operation for proceedings ‫ ال عاون في اﻹج اءات‬20-11

If an action or proceeding is brought by or ‫أو إج اء م ق ل ا أو ض نا ف ا ي عل‬ ‫إذا ت رفع دع‬

against us in relation to these Terms or arising
out of an act or omission by us required or ‫فعل أو إغفال م جان ا وال‬ ‫ال و ال اثلة أو‬
permitted under these Terms, you agree to co-
operate with us to the fullest extent possible in
‫ ت اف على‬،‫ج ال و ال اثلة‬ ً‫ن م ل اً أو جائ ا‬
the defence or prosecution of such action or ‫في ال فاع أو في إدارة‬ ‫ال عاون مع ا إلى أق ى ح م‬
proceeding.
.‫أو اﻹج اء‬ ‫تل ال ع‬

Governing law ‫ القان ن ال اك‬21-11

A Position which is subject to the rules of an ‫ع‬ ‫ع لق اع ال ق اﻷساسي ت‬ ‫إن ال فقة ال ي ت‬

Underlying Market shall be governed by the law
applicable to it under those rules. Subject ، ‫ مع م اعاة ذل‬. ‫ج تل الق اع‬ ‫عل ها‬ ‫للقان ن ال‬
thereto, these Terms and all non-contractual
obligations and other matters arising from it or in ‫ال عاق ة‬ ‫ع ال و ال اثلة وج ع اﻻل امات غ‬ ‫ت‬
connection with it shall be governed by and
construed in accordance with the laws of the ‫ال اش ة ع ها أو ال علقة بها لق ان‬ ‫وال ائل اﻷخ‬
United Arab Emirates.
.‫وفقاً لها‬ ‫ة وتف‬ ‫اﻹمارات الع ة ال‬

Page 58 of 68
 Dispute resolution ‫ حل ال اع‬22-11

11.22.1 Any dispute arising out of or in ‫ال و‬ ‫ ُ ال أ ن اع ي أ ع أو ي عل‬1-22-11

connection with these Terms including
any dispute regarding the existence, ‫ص‬ ‫ ا في ذل أ ن اع‬،‫ال اثلة‬
formation, performance, interpretation,
‫ها‬ ‫وج دها أو ص اغ ها أو أدائها أو تف‬
nullification, termination or invalidation
of these Terms, will be referred to and ‫ وُ ﱠ‬،‫أو إلغائها أو إنهائها أو إ الها‬
finally resolved by arbitration in
accordance with the Arbitration Rules of ‫ج‬ ‫ال‬ ‫ل نهائي ع‬
the Dubai International Arbitration ‫دبي‬ ‫م‬ ‫ال ع ل بها ل‬ ‫ق اع ال‬
Centre, as amended, from time to time,
which Rules are deemed to be ‫ي فقا‬ ‫ما ل‬DIAC) ) ‫ال ولي‬ ‫لل‬
incorporated by reference into this ‫ه ا القان ن‬ ‫ وُع‬، ‫ذل‬ ‫الف قان على غ‬
clause. For the purposes of any
arbitration proceedings commenced . ‫اﻹشارة إل ه في ه ا ال‬ ‫ﱠ‬ ‫م‬
pursuant to this clause:
‫ة مقامة‬ ‫إج اءات ت‬ ‫وﻷغ اض أ‬
: ‫ه ا ال‬ ‫ج‬

(a) the number of arbitrators will be ‫واح ؛‬ ‫( م‬1) ‫ن ع د ال‬ (‫)أ‬

one (1) appointed in
accordance with the Rules;
(b) the seat (or legal place) of ،‫في في إمارة دبي‬ ‫ُعق ال ق القان ني لل‬ (‫)ب‬
arbitration will be Dubai, UAE;
‫ة؛‬ ‫ب ولة اﻹمارات الع ة ال‬
(c) the place at which the ‫دبي ال الي‬ ‫في م‬ ‫ن م ان ال‬ (‫)ج‬
arbitration takes place will be
Dubai, UAE; ‫ ب ولة اﻹمارات الع ة‬،‫ في إمارة دبي‬،‫العال ي‬
‫ة؛‬ ‫ال‬
(d) the language to be used in the ‫اللغة الع ة؛‬ ‫ت ن إج اءات ال‬ (‫)د‬
arbitral proceedings will be
Arabic; and
(e) the governing law of the ‫ال ض ع ة في دولة‬ ‫ع اﻻتفاق ة للق ان‬ ‫ت‬ (‫)ه‬
contract will be the substantive
laws of the United Arab
Emirates. .‫ة‬ ‫اﻹمارات الع ة ال‬

11.22.2 None of the parties will: : ‫ز ﻷح ال ف‬ ‫ﻻ‬ 2-22-11

(a) challenge any arbitral award

ً‫صادر وفقا‬ ‫ت‬ ‫ح‬ ‫في أ‬ ‫ال ع‬ (‫)أ‬
made pursuant to arbitration
proceedings conducted in
accordance with clause ‫؛ و‬1/24 ‫ال قامة وفقاً لل‬ ‫ﻹج اءات ال‬
11.22.1; and

Page 59 of 68
 (b) object to or challenge any ‫تف‬ ‫ل‬ ‫اﻻع اض على أو ال ع في أ‬ (‫)ب‬
application to enforce any
arbitral award made pursuant to ‫صادر وفقاً ﻹج اءات ال‬ ‫ت‬ ‫ح‬ ‫أ‬
arbitration proceedings
conducted in accordance with ،‫ة‬ ‫ أمام أ م‬1-22-11 ‫ال قامة وفقاً لل‬
clause 11.22.1 in any court,
and each party agrees that it will submit ‫ة ﻷغ اض‬ ‫ال‬ ‫اص تل‬ ‫ف اخ‬ ‫ل‬ ‫و قﱡ‬
to the jurisdiction of that court for the
purposes of those enforcement . ‫إج اءات ال ف‬
proceedings.

11.22.3 Clause 11.22.1 and 11.22.2 will be 2-22-11 ‫ و‬1-22-11 ‫ ت ن ال د‬3-22-11

binding on any person who acquires
rights under these Terms by operation ‫ج‬ ً‫ز حق قا‬ ‫ش‬ ‫ﻷ‬ ‫ُمل م‬
of law or otherwise. Any such person . ‫ذل‬ ‫القان ن أو غ‬ ‫ه ه اﻻتفاق ة أو‬
who intends to commence legal
‫ع م إقامة‬ ‫ش‬ ‫على أ‬ ‫يع‬
proceedings in relation to a dispute
arising out of or in connection with these ‫أن أ ن اع ي أ ع أو‬ ‫إج اءات قان ن ة‬
Terms will, as a precondition of ‫ أن ق م إخ ار خ ي‬،‫ي عل به ه اﻻتفاق ة‬
commencing such proceedings, give
‫اﻻل ام‬ ‫ع اﻷ اف أنه ق‬ ‫ل‬ ‫م‬
prior written notice to all the parties that
it agrees to be bound by this clause. ‫ﻹقامة ه ه‬ ‫م‬ ‫ش‬ ‫وذل‬ ‫به ا ال‬
.‫اﻹج اءات‬

Service of process ‫ خ مة اﻹج اء‬23-11

Irrespective of your location, you agree to the ‫على ال مة لﻺج اء‬ ‫ ت اف‬، ‫ع م قع‬ ‫ال‬ ‫غ‬
service of legal process or any other documents
in connection with proceedings in any court by ‫اﻹج اءات‬ ‫ف ل ي عل‬ ‫ات أخ‬ ‫م‬ ‫القان ني أو أ‬
the registered mailing of copies to your last
‫لة إلى‬ ‫ةم‬ ‫إرسال ن خ ب‬ ‫ةع‬ ‫في أ م‬
address shown in our records, or in any other
manner permitted by the laws of the United Arab ‫قة‬ ‫ أو أ‬،‫ال ضح في س ﻼت ا‬ ‫اﻷخ‬ ‫ع ان‬
Emirates, the law of the place of service or the
law of the jurisdiction where proceedings are ‫ة‬ ‫اﻹمارات الع ة ال‬ ‫ح بها م ق ل ق ان‬ ‫م‬ ‫أخ‬
instituted. ‫اص الق ائي‬ ‫أو قان ن م ان ال مة أو قان ن اﻻخ‬
. ‫ي رفع ال ع‬ ‫ح‬

Page 60 of 68
 SECTION 12 12 ‫الق‬
DEFINITIONS ‫ال ع فات‬
‫ال ع فات‬ 1-12
12.1 Definitions
In these Terms, the following expressions shall ‫ة‬ ‫ن لل ع ات ال ال ة ال عاني ال‬ ‫في ال و ال اثلة‬
have the respective meanings set opposite
them: :‫أدناه‬

“Account” means a trading account opened ‫اب" ع ي ح اب ت اول مف ح ل ي ا لغ ض ف ح أو‬ ‫"ال‬

with us for the purpose of opening or closing out
a Position. .‫إغﻼق صفقة‬
“Account Statement” means a daily statement ‫ل‬ ‫ف ح اب ي مي ف ا ي عل‬ ‫اب" ع ي‬ ‫"ك ف ال‬
in respect of each Account notified by us to you.
.‫ك ه‬ ‫ح اب ن‬
“Affiliate” means, in relation to a person, an ‫ل م اش‬ ‫ع‬ ‫ان‬ ‫أو‬ ‫ات ال ا عة" ش‬ ‫"ال‬
entity controlled, directly or indirectly, by the
person, an entity that controls, directly or ‫أو ان أخ أو ال‬ ‫ةش‬ ‫م اش ل‬ ‫أو غ‬
indirectly, the person or an entity directly or
‫ل‬ ‫اخ‬ ‫ة مع ال‬ ‫ةم‬ ‫أو ان خاضع ل‬
indirectly under common control with the
person. For the purpose of this definition ‫ تع ي ل ة‬، ‫ لغ ض ه ا ال ع‬. ‫م اش‬ ‫م اش أو غ‬
“control” of an entity or person means ownership
of more than 50% of the entity or person, or the ‫ أو‬، ‫ م ال ان أو ال‬٪50 ‫م‬ ‫ة" مل ة أك‬ ‫"س‬
ability to control the decisions made by the entity ‫ها ال ان أو‬ ‫في الق ارات ال ي ي‬ ‫الق رة على ال‬
or person.
. ‫ال‬
“Applicable Regulations” means: :‫"ال عل ات ال ار ة" تع ي‬
(a) any legislation (including without ‫أ‬ ‫دون ح‬ ‫عات ) ا في ذل‬ ‫ت‬ ‫أ‬ (‫)أ‬
limitation, constitution, statute, law,
regulation, by-laws or rules), guidance, ‫دس ر أو ن ام أساسي أو قان ن أو ن ام أو‬
customs, usages, rulings, and
‫ وعادات‬،‫ وأع اف‬،‫ﻻئ ة أو قاع ة( وت ج هات‬
interpretations of governmental
authorities and self-regulatory ‫مة‬ ‫ات لل ل ات ال‬ ‫ وتف‬،‫ وأح ام‬،‫م عة‬
organisations, exchanges, clearing
houses, alternative trading systems, ‫ وغ ف‬،‫ وت ادﻻت‬، ‫ات ذات ة ال‬ ‫وال‬
contract markets, derivatives transaction ،‫ وأس اق عق د‬،‫ وأن ة ت اول ب يلة‬،‫مقاصة‬
execution facilities, and other markets
and market infrastructure which we n our ‫ واﻷس اق‬،‫قات‬ ‫معاملة ال‬ ‫وت ه ﻼت ت ف‬
sole discretion, deem to be applicable to ‫ة لل ق ال ي ن ارها وفًقا‬ ‫وال ة ال‬ ‫اﻷخ‬
us to you and/or to you;
‫أو‬/‫و‬ ‫قة عل ا عل‬ ‫م‬ ‫ تع‬،‫ل ق ي نا ال اص‬
‫عل ؛‬
(b) the SCA Rulebook, and any other rules ‫ﻷ‬ ‫ق اع اله ة وأ ة ق اع أخ‬ ‫ق اع‬ (‫)ب‬
of a relevant regulatory authority;
‫ة؛‬ ‫ةم‬ ‫سل ة ت‬

Page 61 of 68
(c) the rules, regulations, procedures and ‫الق اع واﻷن ة واﻹج اءات واﻷع اف ال اصة‬ (‫)ج‬
customs of a relevant Market or an
Underlying Market; ‫ق ذ صلة أو س ق أساسي؛‬
(d) the applicable anti-money laundering ‫عات ال ارة ل اف ة غ ل اﻷم ال؛‬ ‫ال‬ (‫)د‬
legislation; and
(e) all other applicable laws, rules, ‫والق اع واﻹج اءات وال ج هات‬ ‫ج ع الق ان‬ (‫)ه‬
procedures, guidance and regulations
(including, without limitation, accounting ‫ على‬، ‫ال ارة ) ا في ذل‬ ‫والل ائح اﻷخ‬
rules and anti-money laundering or
‫ تعل ات م اس ة‬، ‫س ل ال ال ﻻ ال‬
sanctions legislation) as in force from
time to time. (‫عات م اف ة غ ل اﻷم ال أو العق ات‬ ‫وت‬
. ‫ﻵخ‬ ‫ال ارة م وق‬

“Authorised Third Party” means a person ‫تف ضه‬ ‫ال‬ ‫ال ف ض" ع ي ال‬ ‫"ال ف ال ال‬
authorised by you to manage and operate your
Account within the specified powers and ‫ال ﻼح ات وال ل ات‬ ‫ض‬ ‫ﻹدارة وت غ ل ح ا‬
authority granted under a separate appointment
‫وال الة ال اصة‬ ‫اب ال ع‬ ‫ج‬ ‫حة‬ ‫دة وال‬ ‫ال‬
letter and limited power of attorney (in the form
satisfactory to us). .‫في ص اغ ا ال ع ة ال ع ة‬

“Auto-Stop-Out” has the meaning ascribed to it -4 ‫ص عل ه في ال‬ ‫اﻻَ لي" ت ل ال ع ى ال‬ ‫"ال‬
in clause 4.2.2.
.2-2

“Balance” has the meaning ascribed to it in ‫ص عل ه في ال‬ ‫"ال ص ﻹج الي" ت ل ال ع ى ال‬

clause 4.1.1.
.1-1-4

“Business Day” means a day which is not a ‫تف ح‬ ‫واﻷح وال‬ ‫ي مي ال‬ ‫"ي م الع ل" ع ي ي م غ‬
Saturday and Sunday and on which banks are
open for business in Dubai, United Arab ‫ اﻹمارات الع ة‬،‫ف ه ال ك أب ابها ل ارسة الع ل في دبي‬
Emirates.
.‫ة‬ ‫ال‬
“CFD” means a contract for difference under ‫ج ه ت ي ال ح‬ ‫"عق الف وقات" ع ي عق ف وقات ي‬
which the profit or loss is determined by the
difference between the opening price and the ‫سع اﻻف اح وسع اﻹغﻼق لﻸداة‬ ‫ارة الف ق ب‬ ‫أو ال‬
closing price of an instrument on the Underlying
‫ العق د مقابل الف وقات ال ي نق مها‬.‫في ال ق اﻷساسي‬
Market. The CFDs we offer are available on our
Website. .‫وني‬ ‫م ف ة على م قع ا اﻹل‬

For the purposes of this definition, “opening ‫ ع ي "سع اﻻف اح" ال ع ع‬، ‫ﻷغ اض ه ا ال ع‬
price” means the price at which a Position is
opened following the acceptance of an Order; ‫ف ح ال فقة ع ق ل اﻷم و"سع اﻹغﻼق" ع ي ال ع‬

Page 62 of 68
and “closing price” means the price at which a ‫ وفقاً لل و‬،‫ا‬ ‫أو ب اس‬ ‫ع إغﻼق ال فقة ب اس‬
Position is closed out by you or by us, in
accordance with these Terms. .‫ال اثلة‬

“Complaints Handling Policy” means our ‫"س اسة ال عامل مع ال او " تع ي س اسة ال عامل مع‬
complaints handling policy as amended,
restated or supplemented from time to time ‫تع يل أو إعادة‬ ‫أ عل ها م‬ ‫ا‬ ‫ال او ل ي ا ح‬
which can be found on our Website.
‫ﻵخ وال احة على م قع ا‬ ‫ال م وق‬ ‫ص اغة أو اس‬
.‫وني‬ ‫اﻹل‬
“Conflicts of Interest Policy” means our ‫الح‬ ‫الح" تع ي س اسة ت ارب ال‬ ‫"س اسة ت ارب ال‬
conflicts of interest policy as amended, restated
or supplemented from time to time which can be ‫أ عل ها م تع يل أو إعادة ص اغة أو‬ ‫ا‬ ‫ل يا ح‬
found on our Website.
.‫وني‬ ‫ﻵخ وال احة على م قع ا اﻹل‬ ‫ال م وق‬ ‫اس‬

“CDD” or “KYC” means identification and ‫الع ل" تع ي‬ ‫ات ال اج ة ع‬ ‫"اع ف ع ل " أو"ال‬
verification of:
:‫اﻻج اءات ال علقة ا يلي‬
(a) your identity (including, where applicable, ‫ م خﻼل‬،‫اء‬ ‫اﻻق‬ ‫ ع‬، ‫) ا في ذل‬ ‫ه‬ (‫)أ‬
by reviewing a copy of a passport, national
identity card or similar form of ‫اقة اله ة‬ ‫م اجعة ص رة م ج از ال ف أو‬
identification);
‫ي اله ة(؛‬ ‫ة أو أ ن ذج م اثل ل‬ ‫ال‬
(b) the nature of your business as required by ‫م ل ات ال عل ات ال ارة‬ ‫ح‬ ‫عة ع ل‬ (‫)ب‬
Applicable Regulations (including, where
applicable, by obtaining your legal entity ‫ل‬ ‫ م خﻼل ال‬،‫اء‬ ‫ ع اﻻق‬، ‫) ا في ذل‬
identifier or other national identifier code);
‫على مع فة ان القان ني أو رم تع في رس ي‬
and
‫آخ (؛ و‬
(c) such other aspects or considerations as
ً‫ال ي ن دها وفقا‬ ‫أو اج اءات اﻷخ‬ ‫ج ان‬ (‫)ج‬
determined by us in our discretion,
،‫ل ق ي نا‬
in each case, to ensure that we hold the correct ‫ال عل مات‬ ‫ م أن ا ن ف‬،‫ في ل إج اء‬، ‫لل أك‬ ‫وذل‬
and complete information to prevent a
discrepancy in your identification, to confirm the ‫ر‬ ‫ ول أك م‬، ‫في ه‬ ‫ة وال امة ل ع ال اق‬ ‫ال‬
source of funding, wealth and payment
‫ ول ع اﻻح ال واﻻم ال‬،‫ل وال وة و ق ال فع‬ ‫ال‬
methods, to prevent fraud and to comply with
Applicable Regulations and our Policies from . ‫ﻵخ‬ ‫لل عل ات ال ارة وس اسات ا م وق‬
time to time.

“Counterparty” has the meaning given to such ‫لح‬ ‫ال‬ ‫" له ال ع ى ال ع ى ل ل‬ ‫"ال ف ال‬
term under the SCA Rulebook.
. ‫ق اع اله ة‬ ‫ج‬

Page 63 of 68
“Electronic Trading Services” means an ‫ون ة )مع‬ ‫ون ة" تع ي خ مة إل‬ ‫"خ مات ال اول اﻹل‬
electronic service (together with a related
software or application) accessible by whatever ‫ال ص ل إل ها أ وس لة‬ (‫ذ صلة‬ ‫ب نامج أو ت‬
means we offer, including without limitation
‫ال اول‬ ‫ ا في ذل على س ل ال ال ﻻ ال‬،‫نق مها‬
trading, direct market access, order routing, API
or information services that we grant you access ‫ أو‬، ‫أو ال ص ل ال اش إلى ال ق أو ت ج ه اﻷوام‬
to or make available to you either directly or
through a third-party service provider and used ‫قات أو خ مات ال عل مات ال ي ن‬ ‫واجهة ب م ة ال‬
by you to view information or effect Positions, ‫ل م اش أو م‬ ‫إما‬ ‫ها إل‬ ‫ال ص ل إل ها أو ن‬
and “Electronic Trading Service” shall mean
any of those services. ‫مها لع ض‬ ‫خﻼل م ود خ مة تا ع ل هة خارج ة وت‬
‫ وتع ي "خ مة ال اول‬،‫ال فقات‬ ‫ال عل مات أو ت ف‬
.‫ون ة" أ اً م ه ه ال مات‬ ‫اﻹل‬

“Equity” has the meaning ascribed to it in ‫ص عل ه في ال‬ ‫اب" ت ل ال ع ى ال‬ ‫ال‬ ‫"رص‬
clause 4.1.1.
.1-1-4
“Force Majeure” means a cause preventing the
ً‫ع أداء ال مات أو ال اما‬ ً‫"الق ة القاه ة" ع ي س ا‬
performance of the Services or an Obligation
under these Terms, which arises from or is ‫إلى أ‬ ‫ي أ ع أو ُع‬ ‫ وال‬،‫ال و ال اثلة‬ ‫ج‬
attributable to either an act, event, omission or
‫ة‬ ‫ قع خارج ال‬،‫فعل أو ح ث أو إغفال أو حادث‬
accident, beyond the reasonable control of the
party so prevented, including, a strike, lockout, ‫ أو‬،‫ وت ل اﻹض اب‬،‫ت م عه‬ ‫ال عق لة لل ف ال‬
labour dispute , act of God, pandemic, war,
terrorism, malicious damage, civil commotion, ،‫ أو الق اء والق ر‬،‫ أو ال اعات الع ال ة‬،‫آت‬ ‫إغﻼق ال‬
malfunction or failure of communication or ‫ أو‬، ‫ر ال ع‬ ‫ أو ال‬،‫ أو اﻹرهاب‬،‫ أو ال ب‬،‫أو ال اء‬
computer facilities, industrial action, acts and
regulations of a governmental or supranational ‫ أو تع ل أو ف ل اﻻت اﻻت أو‬،‫اﻻض ا ات ال ن ة‬
body or authority. ‫أو‬ ‫ أو الق ان‬،‫ات الع ال ة‬ ‫ أو ال‬، ‫ت‬ ‫ال‬ ‫م اف‬
.‫الل ائح ال اصة به ة أو سل ة ح م ة أو ف ق و ة‬

“Forex” means two-day rolling spot futures ‫(" تع ي‬ ‫ف اﻷج ي )الف ر‬ ‫"معامﻼت العق د في ال‬
traded over the counter and which are cash
settled on a T+2 basis. Forex constitute Rolling ‫وال ي ي‬ ‫العق د اﻵجلة الف رة ال اولة على م ار ي م‬
Daily Positions.
T+2. ‫ها نق اً على أساس‬ ‫ت اولها خارج ال رصة وت‬
.‫دة‬ ‫صفقات ي م ة م‬ ‫ل الف ر‬

Page 64 of 68
“Free Margin” has the meaning ascribed to it in -4 ‫ص عل ه في ال‬ ‫ال " ت ل ال ع ى ال‬ ‫"الهام‬
clause 4.1.4
.4-1

“Insider Dealing” means the use of inside ‫ام ال عل مات ال اخل ة م‬ ‫"ال اول م ال اخل" ع ي اس‬
information to acquire, amend, dispose of, or
cancel, for your own account or for the account ‫ف في أو إلغاء‬ ‫اذ على أو تع يل أو ال‬ ‫أجل اﻻس‬
of a third party, directly or indirectly, financial
‫ال عل مات ال اخل ة‬ ‫بها تل‬ ‫اﻷدوات ال ال ة ال ي ت عل‬
instruments to which that inside information
relates. ‫ل‬ ، ‫ف ثال‬ ‫اب‬ ‫ال اص أو ل‬ ‫ا‬ ‫س اء ل‬
. ‫م اش‬ ‫م اش أو غ‬

For the purposes of this definition, “inside "‫ تع ي "ال عل مات ال اخل ة‬، ‫ﻷغ اض ه ا ال ع‬
information” means information of a precise
nature, which has not been made public, ‫اﻹعﻼن‬ ‫ وال ي ل ي‬،‫عة ال ق قة‬ ‫ال عل مات ذات ال‬
relating, directly or indirectly, to a financial
،‫أداة مال ة‬ ‫م اش‬ ‫ل م اش أو غ‬ ‫ وال علقة‬،‫ع ها‬
instrument, and which, if it were made public,
would be likely to have a significant effect on the ‫جه‬ ‫ل في حال ن ها أن ي ب عل ها تأث‬ ‫وال ي‬
price of the financial instrument or on the price
of related derivative financial instruments. ‫على سع اﻷداة ال ال ة أو على سع اﻷدوات ال ال ة‬
.‫قة ذات ال لة‬ ‫ال‬
“Liquidity Provider” means a financial ‫أسعار قابلة‬ ‫لة" ع ي م س ة مال ة ت ف‬ ‫"م ود ال‬
institution that provides executable bid and offer
prices in respect of our Products from time to . ‫ﻵخ‬ ‫ات ا م وق‬ ‫لل ف ف ا ي عل‬
time.

“Market” means a regulated market accepted ‫ م ل ال رصة أو‬،‫ل ي ا‬ ‫ومع‬ ‫ق" ع ي س قاً م‬ ‫"ال‬
by us, such as an exchange, clearing house,
central clearing counterparty, multilateral ‫ة لل ف ال قابل أو‬ ‫غ فة ال قاصة أو ال قاصة ال‬
trading facility or an organised trading facility.
. ‫م ف ت اول م ع د اﻷ اف أو م ف ت اول م‬
“Market Abuse” means both Insider Dealing ‫ق" ع ي ﻼً م ال اول م‬ ‫"إساءة ال عامل في ال‬
and market manipulation.
.‫ال ق‬ ‫ال اخل وال ﻼع‬
For the purposes of this definition, “market "‫ال ق‬ ‫لح "ال ﻼع‬ ‫ ُق‬، ‫ﻷغ اض ه ا ال ع‬
manipulation” means the act of placing an Order
or entering into a Position or other behaviour ‫أم أو ال خ ل في صفقة أو أ سل ك آخ ي ت‬ ‫تق‬
which creates, or is likely to create, a false or
‫ إشارة خا ة أو م للة‬،‫عل ه‬ ‫ أو ُي جح أن ي ت‬،‫عل ه‬
misleading signal as to the supply of, demand
for, or price of, a financial instrument, or which ‫أو سع أداة مال ة أو أ‬ ‫ف ا ي عل الع ض أو ال ل‬
adversely affects our relationship with our
Liquidity Provider. .‫لة‬ ‫ي ث سل اً على عﻼق ا مع م ود ال‬ ‫ت اول م‬

“Margin” has the meaning ascribed to it in -1-4 ‫ص عل ه في ال‬ ‫"الهام " ت ل ال ع ى ال‬
clause 4.1.2.
.2

Page 65 of 68
“Margin Call” has the meaning ascribed to it in -4 ‫ص عل ه في ال‬ ‫"ن اء الهام " ت ل ال ع ى ال‬
clause 4.2.1.
.1-2
“Order” means an instruction by a client to open ‫"اﻷم " ع ي تعل ات م ق ل الع ل لف ح أو إغﻼق صفقة‬
or close a position in a Product.
.‫في م ج‬
“Order Execution Policy” means our order ‫اﻷوام ل ي ا‬ ‫اﻷوام " تع ي س اسة ت ف‬ ‫"س اسة ت ف‬
execution policy as amended, restated or
supplemented from time to time which can be ‫ال‬ ‫أ عل ها م تع يل أو إعادة ص اغة أو اس‬ ‫ا‬ ‫ح‬
found on our Website.
.‫وني‬ ‫ﻵخ وال احة على م قع ا اﻹل‬ ‫م وق‬
“Ordinary Investor” has the meaning given to ‫لح‬ ‫ال‬ ‫العاد " له ال ع ى ال ع ى ل ل‬ ‫"ال‬
such term under the SCA Rulebook.
. ‫ق اع اله ة‬ ‫ج‬
“Platform” means an electronic trading ‫ م ل ال ا ت ر‬،‫ون ة‬ ‫ة ت اول إل‬ ‫ة" تع ي م‬ ‫"ال‬
platform, such as MT4 or MT5, that we may use
from time to time for the provision of our ‫ﻵخ‬ ‫مها م وق‬ ‫ وال ي ق ن‬،5 ‫ أو ال ا ت ر‬4
Services.
.‫خ مات ا‬ ‫لق‬
“Policies” means the policies and other terms ‫ال ي‬ ‫أخ‬ ‫شو‬ ‫"ال اسات" تع ي ال اسات وأ‬
and conditions that we adopt from time to time,
as amended, which are available on our ‫ وال احة على م قع ا‬،‫ وتع يﻼتها‬، ‫ﻵخ‬ ‫نع ها م وق‬
Website including but not limited to the
‫ س اسة ال عامل‬، ‫دون ح‬ ‫وني ا في ذل ول‬ ‫اﻹل‬
Complaints Handling Policy, Order Execution
Policy and Conflict of Interest Policy. ‫وس اسة ت ارب‬ ‫اﻷوام‬ ‫وس اسة ت ف‬ ‫مع ال او‬
.‫الح‬ ‫ال‬
“Position” means an exposure to an ‫ز‬ .‫ب اولها‬ ‫"ال فقة" تع ي ان افاً ﻷداة أساس ة ق‬
underlying instrument in relation to a Product
that you have traded. A position may be opened ‫ إما‬،‫ا‬ ‫أو ب اس‬ ‫ س اء ب اس‬،‫ف ح صفقة أو إغﻼقها‬
or closed out, whether by you or by us, by either
‫ وفقاً لل و‬،‫ة‬ ‫ش اء أو ب ع م ج على ال‬ ‫ع‬
buying or selling a Product on the Platform, in
accordance with these Terms. .‫ال اثلة‬

“Product” means: :‫"ال ج" ع ي‬

(a) Forex; ‫(؛‬ ‫ف اﻷج ي )الف ر‬ ‫)أ( معامﻼت العق د في ال‬
(b) a CFD; or ‫)ب( عق الف وقات؛ أو‬
(c) any other product we may offer from time . ‫ﻵخ‬ ‫أ م ج آخ ق نق مه م وق‬ (‫)ج‬
to time.

“Professional Investor” has the meaning ‫لح‬ ‫ف" له ال ع ى ال ع ى ل ل ال‬ ‫ال‬ ‫"ال‬
given to such term under the SCA Rulebook.
.‫ق اع اله ة‬ ‫ج‬
“Risk Warning Disclosure” means the risk ، ‫"إف اح ت ي ال ا " ع ي إف اح ت ي ال ا‬
warning disclosure, as amended, which is
available on our Website, and the risk warnings ‫وني وت ي ات‬ ‫ وال اح على م قع ا اﻹل‬،‫وتع يﻼته‬
and statements set out in these Terms which
apply to retail clients.

Page 66 of 68
 ‫ص عل ها في ال و ال اثلة‬ ‫ال‬ ‫و انات ال ا‬
.‫ئة‬ ‫على ع ﻼء ال‬ ‫وال ي ت‬
“Rolling Daily Position” means a Position ‫"ال فقة ال م ة ال غ ة" تع ي ال فقة ال ي ﻻ ت هي‬
which does not automatically expire at the end
of the relevant exchange business day, but ‫ ول ها‬،‫ال لة‬ ‫تلقائ اً في نها ة ي م ع ل ال رصة ذ‬
which automatically rolls over to the next
.‫ت قل تلقائ اً إلى ي م ع ل ال رصة ال الي‬
exchange business day.
For the purposes of this definition “exchange ‫ ع ي "ي م ع ل ال رصة" ي م ف ح‬، ‫ﻷغ اض ه ا ال ع‬
business day” means a day on which the
relevant Market or Underlying Market is .‫ف ه ال ق ال ع ي أو ال ق اﻷساسي‬
scheduled to be open.

“SCA Rulebook” means The Chairman of the ‫إدارة اله ة‬ ‫م ل‬ ‫ق اع اله ة " ع ي ق ار رئ‬ ‫"ك‬
Authority’s Board of Directors’ Decision No.
(13/Chairman) of 2021 on the Regulations ‫الق اع ال اص‬ ‫أن‬ 2021 ‫م( ل ة‬.‫ ر‬/13) ‫رق‬
Manual of the Financial Activities and Status
‫أ عل ه‬ ‫ا‬ ‫اﻷوضاع ح‬ ‫ة ال ال ة وآل ات ت ف‬ ‫اﻷن‬
Regularization Mechanism, as updated,
amended and/or replaced from time to time. . ‫ﻵخ‬ ‫أو تع يل أو اس ال م وق‬ ‫م ت ي‬

“Security Information” means the username ‫م أو ل ة ال ور‬ ‫"معل مات اﻷم " تع ي إس ال‬
and password required to access your
Account. .‫اب‬ ‫لل خ ل لل‬

“Services” means our non-advisory, execution ‫اﻻس ارة وعلى‬ ‫"ال مات" تع ي خ مات ا ال ف ة وغ‬
only services as set out at clause 2.2 (Our
Activities and Services) in respect of the "‫ا وخ مات ا‬ ‫ "أن‬2-2 ‫ص عل ه في ال‬ ‫ال‬ ‫ال‬
Products.
.‫ات‬ ‫ال‬ ‫ف ا ي عل‬
“Termination Date” means the earlier of: :ً‫قع أوﻻ‬ ‫ال ال‬ ‫"تار خ اﻹنهاء" ع ي أ اﻻَجل‬
(a) the date of the termination of a Position ‫تارخ إنهاء ال فقة وفقاً ل و ال فقة؛ أو‬ (‫)أ‬
in accordance with the terms of the
Position; or
(b) the liquidation date determined by us in ‫ "تارخ‬2-8 ‫ن ده وفقاً لل‬ ‫ف ة ال‬ ‫تارخ ال‬ (‫)ب‬
accordance with clause 8.2 (liquidation
date). ."‫ف ة‬ ‫ال‬

“Underlying Market” means the Market for a ‫ق اﻷساسي" ع ي ال ق ال اص أداة مال ة مع ة‬ ‫"ال‬
specific financial instrument on which our
Products are priced. .‫ات ا عل ها‬ ‫م‬ ‫ي ت ع‬
“Website” means the information displayed on ‫وني" ع ي ال عل مات ال ع وضة على‬ ‫"ال قع اﻹل‬
www.equiti.com/uae-en (or any other
replacement or supplementary site), as updated ‫م قع ب يل أو‬ ‫ )أو أ‬www.equiti.com/uae-ar
by us from time to time.
. ‫ﻵخ‬ ‫ا ي ت ي ه م ق ل ا م وق‬ ‫ ح‬،( ‫لي آخ‬ ‫ت‬

Page 67 of 68
“we”, “our” or “us” means ESCB (including any ‫ل ات م ابهة تع ي اك ي ) ا في ذل‬ ‫" أو أ‬ ‫"ن‬
successor or assignee).
.(‫أ خل ف أو م ال إل ه‬

Headings ‫الع او‬ 2-12

Headings are for ease of reference only and do ‫وﻻ‬ ‫م ل ه ل ال ج ع إل ها فق‬ ‫إن ع اي ال د ت‬
not form part of these Terms.
.‫ت ل ج ءاً م ال و ال اثلة‬
Interpretation ‫ال ف‬ 3-12
12.3.1 References in these Terms to a statute ‫ اﻹشارات في ال و ال اثلة إلى ن ام أساسي‬1-3-12
or statutory instrument or Applicable
Regulations includes a modification, ‫أ‬ ‫أو ص قان ني أو تعل ات سارة ت‬
amendment, extension or re-enactment
‫ا‬ ‫أو ت ي أو إعادة لها ح‬ ‫تع يل أو تغ‬
thereof, as in force from time to time. A
reference in these Terms to “document” ‫أ‬ ‫تف‬ ‫ س‬. ‫ﻵخ‬ ‫ن سار اً م وق‬
will be construed to include an
electronic document. ‫" على‬ ‫إشارة في ال و ال اثلة إلى "ال‬
.‫وني‬ ‫اﻹل‬ ‫ال‬ ‫أنه ي‬
12.3.2 References in these terms to the ‫ف اﻹشارات ال اردة في ال و ال اثلة‬ ‫ ت‬2-3-12
singular will also include the plural.
.ً‫ا‬ ‫غة ال ف د إلى ال ع أ‬
12.3.3 References to a person includes a body ‫ ال انات‬،‫ما‬ ‫ ي خل في اﻹشارات إلى ش‬3-3-12
corporate, unincorporated association
and partnership, natural person, firm, ‫اﻻع ارة أو اله ات أو ال اكات غ‬
company, corporation, government,
‫ات‬ ‫أو ال‬ ‫ع‬ ‫لة أو اﻷش اص ال‬ ‫ال‬
state or agency of a state or an
association or partnership (whether or ‫مات أو‬ ‫آت أو ال س ات أو ال‬ ‫أو ال‬
not having separate legal personality)
of two or more of the foregoing. ‫ال ﻻ ة أو ال اﻻت ال ا عة ل ﻻ ة أو ال ع ات‬
‫ة قان ن ة‬ ‫أو ال اكات )س اء ان لها ش‬
‫أو أك‬ ‫م ف لة م ع مه( ال لفة م اث‬
. ‫ماس‬
12.3.4 The use of the word “including”, ‫ل" و‬ " ‫ام ع ارة " ا في ذل " و‬ ‫ إن اس‬4-3-12
“inclusive”, “includes” and any words
that follow it will not be deemed to be .ً‫شامﻼ‬ ‫ل ات تل ها ﻻ ع‬ ‫" وأ‬ ‫"ي‬
exhaustive.

Page 68 of 68