The acceptance of this Agreement gives acknowledgment that Trader has read, understands, and gives authorization to the following disclosure to trade currencies through the OTC foreign exchange market ("OTCFX"):

FXCH may from time to time execute transactions as Trader’s agent on OTCFX market to trade currencies, pursuant to an agreement between the Interbank agent and FXCH, and that a trade executed between one banks executes a trade onset by another banking agent.

Trader understands that Trader may be giving up the right to have arbitration through the above paragraph on foreign exchanges.

• All customer accounts will have their margin requirements established by the dealing desk at FXCH.

• FXCH establishes all rules and provisions for customer accounts, including but not limited to minimum account size, investment time period, commissions and incentive fees, or any other financial arrangements.

• It is the customer’s responsibility to find out all necessary information about FXCH and make sure that all arrangements are discussed and clearly understood prior to any trading activity.

• All customers should be aware that guaranteeing any return is illegal. In addition, FXCH is not responsible for any claims or assurances made by FXCH, its employees and/or associates.