OANDA FXTRADE INDIVIDUAL ACCOUNT APPLICATION FORMoanda fxtrade individual account application form !!!!! oanda asia pacific pte. ltd. indiv. app form (monetary authority of singapore:

OANDA ASIA PACIFIC PTE. LTD. INDIV. APP FORM (MONETARY AUTHORITY OF SINGAPORE: HOLDER OF CAPITAL MARKETS SERVICES LICENCE #CMS100122-4) LAST UPDATE:

31 MAY 2013 PAGE 1 OF 12

50 Collyer Quay, #04-‐03 OUE Bayfront, Singapore 049321 T: +65-6227-3808 F: +65-6636-5136 E: [email protected] oanda.sg

BEFORE YOU BEGIN Thank you for choosing OANDA Asia Pacific Pte Ltd (“OANDA”) and signing up for an fxTrade account for individuals.

For registration, you will be asked for: • Your account currency. (Choose from SGD,

HKD, JPY, AUD, USD, EUR, GBP, CAD or CHF)

• Personal and employment information. • Financial Information. • Your acknowledgement of risk disclosure

statements. • Your agreement to legal terms and conditions.

What you’ll need to do later: è Activate your account by clicking on the link in the confirmation email

that we will send to you. è Send to OANDA:

• Copies of your identification documents • Copies of your completed and signed legal documents The full checklist of documents to be submitted can be found on PAGE 9.

è Send funds to OANDA to fund your account.

All fields are required unless otherwise stated. Please mark a tick “⎷” in the box of your choice.

SECTION 1: GENERAL DETAILS

SALUTATION: Dr. Mr. Mrs. Miss Ms. GENDER: Male Female

FULL NAME: (Please write/type exactly as shown on Passport/ID and underline your Family Name/Surname.)

EMAIL ADDRESS:

PREFERRED FXTRADE ACCOUNT USERNAME: (We will inform you later if the username you have chosen is not available.)

ACCOUNT PASSWORD: (At least 8 and not more than 20 characters long. Must include letters and at least one numerical digit.) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

DATE OF BIRTH: _ _ / _ _ / _ _ _ _ (DD/MM/YYYY) You have to be 21 years of age and above to open an account with OANDA Asia Pacific.

COUNTRY OF CITIZENSHIP:

VALID GOVERNMENT-‐ISSUED PHOTO-‐ID/NRIC/FIN/PASSPORT NO.:

ARE YOU A PERMANENT RESIDENT OF SINGAPORE? No Yes

ARE YOU WHOLLY OR PARTLY DEPENDENT ON A CITIZEN OR PERMANENT RESIDENT OF SINGAPORE? No Yes

REGISTERED RESIDENTIAL ADDRESS

Blk/House No.: Street Name:

Building Name (If applicable):

Floor & Unit No.: # -

Postal/Zip Code:

Country of Residence: State/Province (If applicable):

City:

IF POST OFFICE BOX (P.O. BOX) ADDRESS IS REQUESTED, PLEASE STATE THE P.O.BOX ADDRESS AND THE REASON FOR THE REQUEST.

OANDA FXTRADE INDIVIDUAL ACCOUNT APPLICATION FORM


31 MAY 2013 PAGE 2 OF 12


PRIMARY PHONE NUMBER: + (Country Code) (Number) (Extension, if applicable) TYPE: Home Work Mobile Other, please specify

SECTION 2: YOUR FXTRADE ACCOUNT DETAILS

PRIMARY ACCOUNT CURRENCY: AUD CAD CHF EUR GBP HKD JPY SGD USD

SECURITY QUESTION: Please choose one of the following security questions.

What is your mother’s maiden name? What city or town were you born in? What is the name of your first pet?

SECURITY ANSWER: Please fill in a one-‐word answer to your chosen security question.

WHERE/HOW DID YOU HEAR ABOUT OANDA? Search Engines Web Ads Forums Blogs Friends Family Business Partners OANDA Employee Magazines Newspapers Events Other, please specify:

SECTION 3: EMPLOYMENT & FINANCIAL DETAILS

EMPLOYMENT STATUS: Self-employed Retired Student Unemployed Employed

IF EMPLOYED

COMPANY NAME:

JOB TITLE:

Upon request, we may grant your employer access to your fxTrade account statements. For details, please contact us at [email protected]

IF SELF-‐EMPLOYED

INDUSTRY: Financial Basic Materials Services Healthcare Consumer Goods Utilities Industrial Goods Technology Casino-related Other, please specify:

DESCRIPTION OF PRODUCTS/SERVICES: (Please provide brief details of the products/services offered by your business.)

DO YOU OWN OR CONTROL ANY LOCAL, FOREIGN, INTERNET OR SHIP-‐BASED CASINOS, LOCAL AND FOREIGN JUNKETS/ JUNKET OPERATORS? No Yes,

Please provide details of ownership/ control and the name of the casino or junket/ junket operator.

ANNUAL INCOME PLUS LIQUID ASSETS IN USD: $0 - $25,000 $25,000 - $49,999 $50,000 - $99,999 $100,000 - $249,999 $250,000 - $749,999

$750,000 - $999,999 $1 - $2 Million More than $2 Million

NET WORTH IN USD: $0 - $25,000 $25,000 - $49,999 $50,000 - $99,999 $100,000 - $249,999 $250,000 - $999,999

$1,000,000 - $4,999,999 $5,000,000 - $9,999,999 More than $10 Million

HAVE YOU EVER DECLARED BANKRUPTCY? No Yes, discharged. Yes, not discharged.

Please provide details:


31 MAY 2013 PAGE 3 OF 12


WILL ANY OTHER PERSON GUARANTEE OR HAVE FINANCIAL INTEREST IN THIS ACCOUNT? No Yes,


ARE YOU AN EMPLOYEE OR RELATIVE OF AN EMPLOYEE AT ANY OANDA ENTITY? No Yes,


ARE YOU A POLITICALLY EXPOSED PERSON *? No Yes,

Please provide details: *“Politically exposed person” means - (a) a natural person who is or has been entrusted with prominent public functions whether in Singapore or a foreign country; (b) immediate family members of such a person; or (c) close associates of such a person. “prominent public functions” includes the roles held by a head of state, a head of government, government ministers, senior civil servants, senior judicial or military officials, senior executives of state owned corporations, and senior political party officials.

CUSTOMER KNOWLEDGE ASSESSMENT The Monetary Authority of Singapore requires that you satisfy at least one of the criteria described below as part of a Customer Knowledge Assessment. Please ensure that you have responded to these questions completely and accurately. Should you be assessed not to satisfy this assessment, we would recommend additional financial education to better understand the features and risks of leveraged foreign exchange trading, and would be unable to proceed with your account opening at this time.

PLEASE INDICATE WHETHER YOU HAVE A DIPLOMA OR HIGHER QUALIFICATION IN ANY OF THE FOLLOWING FIELDS. (If you have more than one, please indicate the most recently obtained.)

Accountancy Actuarial Science Business/Business Administration Capital Markets Commerce

Computational Finance Economics Finance/Financial Engineering Financial Planning/Insurance Management/Business Studies

None of the above Other


PLEASE INDICATE WHETHER YOU HAVE ANY OF THE FOLLOWING PROFESSIONAL FINANCE-‐RELATED QUALIFICATIONS. (If you have more than one, please indicate the most recently obtained.)

Chartered Institute of Securities & Investment (CISI) Chartered Alternative Investment Analyst (CAIA) Certified Financial Technician (CFTe) Financial Risk Manager (FRM) Chartered Financial Consultant (ChFC) (CMFAS Exam) Module 6 – Securities Products and

Analysis & Module 7 – Futures Products & Analysis

Associate Wealth Planner (AWP) Associate Financial Planner (AFP) Certified Financial Planner (CFP) Certified Public Account (CPA)/ACCA Chartered Financial Analyst (CFA) None of the above Other



31 MAY 2013 PAGE 4 OF 12


PLEASE INDICATE WHETHER YOU HAVE A MINIMUM OF THREE CONTINUOUS YEARS OF WORK EXPERIENCE IN THE PRECEDING TEN YEARS (EXCLUDING CLERICAL OR ADMINISTRATIVE POSITIONS) IN ANY OF THE FOLLOWING FIELDS.

Accountancy Actuarial Science Development or Structuring of Investment Products Management of Investment Products Sale/Trading of Investment Products Research/Analysis of Investment Products

Provision of Training in Investment Products Treasury Financial Risk Management Activities Legal work experience in any of these areas None of the above Other


HAVE YOU MADE AT LEAST SIX TRANSACTIONS IN LEVERAGED FOREX IN THE PAST THREE YEARS? No Yes

(This can include trades made on OANDA fxTrade Practice or with other brokers.)

HAVE YOU MADE AT LEAST SIX TRANSACTIONS IN CONTRACTS FOR DIFFERENCES IN THE PAST THREE YEARS? No Yes

(This can include trades made on OANDA fxTrade Practice or with other brokers.)

SECTION 5: RISK DISCLOSURE STATEMENTS

This section contains: è Monetary Authority of Singapore’s Risk Disclosure (Form 13), as required by the Securities and Futures Act (Cap. 289) è International Enterprise of Singapore’s Risk Disclosure (Form 3), as required by the Commodity Trading Act (Cap. 48A) è Additional Risk Disclosure Statement by OANDA Asia Pacific Pte. Ltd. Please ensure you read all statements carefully and acknowledge your receipt and understanding on PAGE 9.

SECURITIES AND FUTURES ACT (Cap. 289)

SECURITIES AND FUTURES (LICENSING AND CONDUCT OF

BUSINESS) REGULATIONS (Rg 10)

RISK DISCLOSURE STATEMENT REQUIRED TO BE FURNISHED UNDER REGULATION 47E(1) AND TO BE KEPT UNDER REGULATION

39(2)(c) BY THE HOLDER OF A CAPITAL MARKETS SERVICES LICENCE TO TRADE IN FUTURES CONTRACTS OR LEVERAGED FOREIGN

EXCHANGE CONTRACTS

FORM 13

1. This statement is provided to you in accordance with regulation 47E(1) of the Securities and Futures

(Licensing and Conduct of Business) Regulations (Rg 10).

2. This statement does not disclose all the risks and other significant aspects of trading in futures, options and leveraged foreign exchange. In light of the risks, you should undertake such transactions only if you understand the nature of the contracts (and contractual relationships) into which you are entering and the extent of your exposure to the risks. Trading in futures, options and leveraged foreign exchange may not be suitable for many members of the public. You should carefully consider whether such trading is appropriate for you in the light of your experience, objectives, financial resources and other relevant circumstances. In considering whether to trade, you should be aware of the following:

(a) Futures and Leveraged Foreign Exchange Trading (i) Effect of ‘Leverage’ or ‘Gearing’


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Transactions in futures and leveraged foreign exchange carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract or leveraged foreign exchange transaction so that the transaction is highly ‘leveraged’ or ‘geared’. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit; this may work against you as well as for you. You may sustain a total loss of the initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice in order to maintain your position. If you fail to comply with a request for additional funds within the specified time, your position may be liquidated at a loss and you will be liable for any resulting deficit in your account. (ii) Risk-‐Reducing Orders or Strategies The placing of certain orders (e.g. ‘stop-‐loss’ orders, where permitted under local law, or ‘stop-‐limit’ orders) which are intended to limit losses to certain amounts may not be effective because market conditions may make it impossible to execute such orders. At times, it is also difficult or impossible to liquidate a position without incurring substantial losses. Strategies using combinations of positions, such as ‘spread’ and ‘straddle’ positions may be as risky as taking simple ‘long’ or ‘short’ positions. (b) Options (i) Variable Degree of Risk Transactions in options carry a high degree of risk. Purchasers and sellers of options should familiarise themselves with the type of options (i.e. put or call) which they contemplate trading and the associated risks. You should calculate the extent to which the value of the options would have to increase for your position to become profitable, taking into account the premium paid and all transaction costs. The purchaser of options may offset its position by trading in the market or exercise the options or allow the options to expire. The exercise of an option results either in a cash settlement or in the purchaser acquiring or delivering the underlying interest. If the option is on a futures contract or leveraged foreign exchange transaction, the purchaser will have to acquire a futures or leveraged foreign exchange position, as the case may be, with associated liabilities for margin (see the section on Futures and Leveraged Foreign Exchange Trading above). If the purchased options expire worthless, you will suffer a total loss of your investment which will consist of the option premium paid plus transaction costs. If you are contemplating purchasing deep-‐out-‐of-‐the-‐money options, you should be aware that, ordinarily, the chance of such options becoming profitable is remote. Selling (‘writing’ or ‘granting’) an option generally entails considerably greater risk than purchasing options. Although the premium received by the seller is fixed, the seller may sustain a loss well in excess of the amount of premium received. The seller will be liable to deposit additional margin to maintain the position if the market moves unfavourably. The seller will also be exposed to the risk of the purchaser exercising the option and the seller will be obligated to either settle the option in cash or to acquire or deliver the underlying interest. If the option is on a futures contract or a leveraged foreign exchange transaction, the seller will acquire a futures or leveraged foreign exchange position, as the case may be, with associated liabilities for margin (see the section on Futures and Leveraged Foreign Exchange Trading above). If the option is ‘covered’ by the seller holding a corresponding position in the underlying futures contract, leveraged foreign exchange transaction or another option, the risk may be reduced. If the option is not covered, the risk of loss can be unlimited. Certain exchanges in some jurisdictions permit deferred payment of the option premium, limiting the liability of the purchaser to margin payments not exceeding the amount of the premium. The purchaser is still subject to the risk of losing the premium and transaction costs. When the option is exercised or expires, the purchaser is responsible for any unpaid premium outstanding at that time. (c) Additional Risks Common to Futures, Options and Leveraged Foreign Exchange Trading (i) Terms and Conditions of Contracts You should ask the corporation with which you conduct your transactions for the terms and conditions of the specific futures contract, option or leveraged foreign exchange transaction which you are trading and the associated obligations (e.g. the circumstances under which you may become obligated to make or take delivery of the underlying interest of a futures contract or a leveraged foreign exchange transaction and, in respect of options, expiration dates and restrictions on the time for exercise). Under certain circumstances, the specifications of outstanding contracts (including the exercise price of an option) may be modified by the exchange or clearing house to reflect changes in the underlying interest. (ii) Suspension or Restriction of Trading and Pricing Relationships


31 MAY 2013 PAGE 6 OF 12


Market conditions (e.g. illiquidity) or the operation of the rules of certain markets (e.g. the suspension of trading in any contract or contract month because of price limits or ‘circuit breakers’) may increase the risk of loss by making it difficult or impossible to effect transactions or liquidate/offset positions. If you have sold options, this may increase the risk of loss. Further, normal pricing relationships between the underlying interest and the futures contract, and the underlying interest and the option may not exist. This can occur when, e.g., the futures contract underlying the option is subject to price limits while the option is not. The absence of an underlying reference price may make it difficult to judge ‘fair’ value. (iii) Deposited Cash and Property You should familiarise yourself with the protection accorded to any money or other property which you deposit for domestic and foreign transactions, particularly in a firm’s insolvency or bankruptcy. The extent to which you may recover your money or property may be governed by specific legislation or local rules. In some jurisdictions, property which had been specifically identifiable as your own will be pro-‐rated in the same manner as cash for purposes of distribution in the event of a shortfall. (d) Commission and Other Charges Before you begin to trade, you should obtain a clear explanation of all commissions, fees and other charges for which you will be liable. These charges will affect your net profit (if any) or increase your loss. (e) Transactions in Other Jurisdictions Transactions on markets in other jurisdictions, including markets formally linked to a domestic market, may expose you to additional risk. Such markets may be subject to a rule which may offer different or diminished investor protection. Before you trade, you should enquire about any rules relevant to your particular transactions. Your local regulatory authority will be unable to compel the enforcement of the rules of the regulatory authorities or markets in other jurisdictions where your transactions have been effected. You should ask the firm with which you conduct your transactions for details about the types of redress available in both your home jurisdiction and other relevant jurisdictions before you start to trade. (f) Currency Risks The profit or loss in transactions in foreign currency-‐denominated futures and options contracts (whether they are traded in your own or another jurisdiction) will be affected by fluctuations in currency rates where there is a need to convert from the currency denomination of the contract to another currency. (g) Trading Facilities Most open-‐outcry and electronic trading facilities are supported by computer-‐based component systems for the order-‐routing, execution, matching, registration or clearing of trades. As with all facilities and systems, they are vulnerable to temporary disruption or failure. Your ability to recover certain losses may be subject to limits on liability imposed by the one or more parties, namely the system provider, the market, the clearing house or member firms. Such limits may vary. You should ask the firm with which you conduct your transactions for details in this respect. (h) Electronic Trading Trading on an electronic trading system may differ not only from trading in an open-‐outcry market but also from trading on other electronic trading systems. If you undertake transactions on an electronic trading system, you will be exposed to risks associated with the system including the failure of hardware and software. The result of any system failure may be that your order is either not executed according to your instructions or not executed at all. (i) Off-‐Exchange Transactions In some jurisdictions, firms are permitted to effect off-‐exchange transactions. The firm with which you conduct your transactions may be acting as your counterparty to the transaction. It may be difficult or impossible to liquidate an existing position, to assess the value, to determine a fair price or to assess the exposure to risk. For these reasons, these transactions may involve increased risks. Off-‐exchange transactions may be less regulated or subject to a separate regulatory regime. Before you undertake such transactions, you should familiarise yourself with the applicable rules and attendant risks.

ADDITIONAL RISK DISCLOSURE BY OANDA ASIA PACIFIC PTE. LTD.

IMPORTANT -‐ READ CAREFULLY: OANDA Asia Pacific Pte. Ltd. (“OANDA”) believes that its customers should be aware of the risks involved in entering over-‐the-‐counter contracts for foreign currency, precious metals, and contracts for


31 MAY 2013 PAGE 7 OF 12


differences (“CFDs”) (collectively, “OTC Contracts”). The following is a brief non-‐exhaustive summary of certain more significant factors and special risks you should take into account when deciding whether to trade in OTC Contracts. In order to open and operate an fxTrade account with OANDA, you must indicate that you have read and understood this Statement. Please read this Statement in its entirety. When you enter into an OTC Contract with OANDA, you will be entering into a privately negotiated contract with OANDA, as principal. This means that OANDA acts as the seller when you buy and the buyer when you sell. OTC Contracts are not transferrable to other providers, and must be closed with OANDA. OTC Contracts are not executed on an exchange and are not cleared on a central clearing organisation. They are obligations of OANDA and you may not be afforded all of the regulatory and financial protections offered by exchange-‐traded contracts. Both you and OANDA are obliged to perform your respective obligations under each transaction in accordance with its terms. The terms of each OTC Contract are set out in OANDA’s fxTrade Customer Agreement, which applies to every transaction you enter into with OANDA. OANDA establishes the prices at which it offers to trade with you based on prices that are made or quoted to OANDA by the banks, financial institutions, exchanges and counterparties with which it does business and which may not be the same as prices available from other sources. These prices depend on fluctuations in the financial markets, which are outside OANDA’s control. Financial markets in general and these products in particular are volatile and can move rapidly, particularly in response to news events. In addition the assets underlying CFDs are different from one another and there are specific risks for each item. These assets also differ from currencies (and different currencies also carry different risks). The past performance of an underlying asset, CFD or currency is not an indicator of future performance. There may be instances where OANDA does not receive a price in respect of certain or all underlying assets due to market disruption or closure. OANDA may prohibit opening or closing a position if OANDA does not have pricing data available in respect of the underlying asset or currency. These situations involve risk for you, as there may be market changes while you are unable to trade and this could adversely affect any open positions. In entering into OTC Contracts you should understand that OANDA is acting solely in the capacity of an arm’s length contractual counterparty to you and not in the capacity of your financial advisor or fiduciary. Accordingly, you should not regard any information, proposal, suggested trade or trading strategy or other written materials or oral communications from OANDA as investment recommendations or advice or as expressing OANDA’s views as to whether a particular transaction is appropriate for you or meets your financial objectives. Transactions in OTC Contracts carry a high degree of risk. The amount of initial margin is small relative to the value of the OTC Contracts so that transactions are “leveraged” or “geared”. A small market movement will have a proportionally larger impact on your position and this may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and any additional deposits made to maintain your position. We recommend that you familiarise yourself with CFD and currency trading with OANDA using an fxTrade Practice account before using fxTrade. In view of the risks, you should trade in OTC Contracts only if you understand the contracts (and contractual relationships) into which you are entering. Trading in OTC Contracts is only appropriate for sophisticated individuals and institutional investors and is not appropriate for many members of the public. You should consider whether trading is appropriate for you in light of your experience, objectives, financial resources, risk tolerance and other relevant circumstances. Most importantly, do not invest money that you are not in a position to lose. OANDA’s trading system, fxTrade, is designed to automatically liquidate all open positions if your margin deposit is in jeopardy so that you cannot lose more than the funds you have on deposit in your trading account. Margin closeouts may occur without warning in accordance with OANDA’s Margin Rules and all your open positions will be closed. You are responsible for monitoring your account to avoid unexpected margin closeouts. To limit your losses OANDA encourages you to employ such risk-‐reducing strategies as “stop-‐loss” or “stop-‐limit” orders, but you should be aware that market conditions may make it impossible to close out your order at the level specified. There are risks associated with using an Internet-‐based trade execution software application including, but not limited to, the failure of hardware and software. While OANDA maintains back up systems and contingency plans to minimize the possibility of system failure, OANDA does not control signal power, reception, routing via the Internet, configuration of your equipment or the reliability of your connection to the Internet. The result of any failure of the foregoing may be that your order is either not executed according to your instructions, or is not executed at all.


31 MAY 2013 PAGE 8 OF 12


OANDA’s hours of operation coincide with the global financial markets. Trading is available from Sunday approximately 3 p.m. to Friday 5 p.m. (Eastern) New York time. During weekends you will not be able to close existing positions or open new positions. Also, spreads (the difference between the bid price and the ask price) typically widen at 4:15 p.m. Friday, to reflect decreased liquidity in the global markets. And, it is possible for market prices to significantly change or “gap” when trading resumes on Sunday. Therefore, you must ensure that you maintain sufficient margin in your fxTrade account at all times to avoid a margin closeout. To reduce the risk of a margin closeout, reduce or close your overall positions or add more funds to your fxTrade account and to prevent unwanted order execution, consider widening your take profits, stop losses or trailing stops prior to the weekend. As a Capital Markets Services licence holder, licensed by Monetary Authority of Singapore, OANDA is required to and has set up a trust account at a major bank registered and licensed in Singapore. All funds you send to OANDA must be deposited in this trust account, and held there in trust for you. This means that your funds are segregated and maintained separately from OANDA own funds, and can only be withdrawn as a direct result of your trading-‐related activities or withdrawal requests. No withdrawals can be made from this account for any OANDA operations. Note: “Margin” means an amount of money, securities, property or other collateral, representing a part of the value of the contract or agreement to be entered into, which is deposited by the buyer or the seller of a futures contract or in a leveraged foreign exchange transaction to ensure performance of the terms of the futures contract or leveraged foreign exchange transaction.

ACKNOWLEDGEMENT OF RECEIPT OF BOTH RISK DISCLOSURE STATEMENTS

This acknowledges that I/we have received a copy of the following statements and understand their contents. • MAS RISK DISCLOSURE (FORM 13) AS REQUIRED BY THE SECURITIES AND FUTURES ACT (CAP. 289) • ADDITIONAL RISK DISCLOSURE BY OANDA ASIA PACIFIC PTE. LTD. Your witness can be anyone above the age of 21.

SIGNATURE OF CUSTOMER

NAME OF CUSTOMER (Please write your name exactly as shown on your Passport/ID.)

SIGNATURE OF WITNESS

NAME OF WITNESS (Please write your name exactly as shown on your Passport/ID.)

DATE

1. This statement is provided to you in accordance with section 32 (1) of the Commodity Trading Act.

2. The intention of this statement is to inform you that the risk of loss in trading in commodity contracts and in spot commodity contracts can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.


31 MAY 2013 PAGE 9 OF 12


3. In considering whether to trade, you should be aware of the following: (a) Margin: You may sustain a total loss of the initial margin and any additional margins that you deposit to

establish a position or maintain positions in the commodity market or spot commodity market. If the market moves against your positions, you may be called upon to deposit a substantial amount of additional margins, on short notice, in order to maintain your positions. If you do not provide the required margins within the prescribed time, your positions may be liquidated at a loss, and you will be liable for any resulting deficit in your account.

(b) Liquidation of position: Under certain market conditions, you may find it difficult or impossible to liquidate

a position.

(c) Contingent orders: Placing contingent orders, such as “stop-‐loss” or “stop-‐limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders.

(d) “Spread” position: A “spread” position may not be less risky than a simple “long” or “short” position.

(e) Leverage: The high degree of leverage that is often obtainable in trading in commodity contracts and spot

commodity trading because of the small margin requirements can work against you as well as for you. The use of leverage can lead to large losses as well as gains.

(f) Foreign markets transactions: Funds placed with a commodity broker or spot commodity broker for

the purpose of participating in foreign markets, such as spot or other over-‐the-‐counter transactions, may not enjoy the same level of protection as funds placed in commodity markets located in Singapore.

This brief statement cannot disclose all the risks and other significant aspects of the commodity market. You should therefore carefully study trading in commodity contracts and spot commodity trading before you trade.

COMMODITY TRADING ACT (CHAPTER 48A) COMMODITY TRADING REGULATIONS

RISK DISCLOSURE STATEMENT REQUIRED TO BE FURNISHED

BY A COMMODITY BROKER OR SPOT COMMUNITY BROKER

FORM 3


31 MAY 2013 PAGE 10 OF 12


ACKNOWLEDGEMENT OF RECEIPT OF IES RISK DISCLOSURE STATEMENT (FORM 3)

This acknowledges that I/we have received a copy of the following statement and understand its contents. • IES RISK DISCLOSURE (FORM 3) AS REQUIRED BY THE COMMODITY TRADING ACT

SIGNATURE OF CUSTOMER

NAME OF CUSTOMER (Please write your name exactly as shown on your Passport/ID.)

DATE

SECTION 6: SIGNATURE AND CONSENT

I hereby attest and certify that the above information is complete and accurate and hereby authorize OANDA to verify any or all such information and to use any or all such information in accordance with OANDA’s Privacy Policy.

I, , confirm and acknowledge that I have read and understood the following agreements. I confirm that I understand the risks associated with this product and that I consider this product to be suitable for me.

Risk Disclosure Statements by MAS & IES (Form 13 & Form 3 respectively) and OANDA Asia Pacific Pte. Ltd. OANDA fxTrade Legal Agreement Please complete, sign and return. This document can be downloaded at

www.oanda.sg/register/forms. Please check the boxes above.

AGREED AND ACCEPTED

CUSTOMER NAME:

SIGNATURE:

DATE:


31 MAY 2013 PAGE 11 OF 12



31 MAY 2013 PAGE 12 OF 12


ONCE YOU HAVE COMPLETED AND SIGNED ALL THE REQUIRED FORMS AND DOCUMENTS, PLEASE RETURN THEM TO US, VIA: • EMAIL: accountid-‐[email protected] (Please scan

and send only “JPEG”, “GIF” or “PDF” formats) or, • FAX: +65-‐6636-‐5136 or, • DROP them off at our office anytime between

10:00 A.M. to 6:00 P.M. from Mondays to Fridays at:

50 COLLYER QUAY,

#04-‐03 OUE BAYFRONT, SINGAPORE 049321

AFTER SUCCESSFUL REGISTRATION, YOU WILL RECEIVE AN EMAIL WITH A CONFIRMATION LINK TO ACTIVATE YOUR ACCOUNT.

HAVE QUESTIONS OR NEED ASSISTANCE? Our Customer Service team is available 24 hours a day, from Mondays to Fridays via: LIVE HELP: http://www.oanda.sg/help/customer-service/ EMAIL: [email protected] PHONE: +65-6227-3808

OANDA FXTRADE ACCOUNT REGISTRATION REQUIRED FORMS AND DOCUMENTS CHECKLIST To comply with government regulations to prevent money laundering and the funding of terrorism, financial institutions such as OANDA are required to obtain, verify and retain information that identifies each person who opens an account. In addition to the information you provided when you applied for your OANDA account, we also require copies of the following identification documents before we can approve your account. 1. OANDA fxTrade Individual Account Application

Form (Including signed and completed Risk Disclosure Statements by MAS & IES (Form 13 & Form 3) and OANDA Asia Pacific Pte. Ltd.)

2. Signed and completed OANDA fxTrade Legal Agreement*

3. A copy (front and back) of a government-issued ID, driver’s license or passport. (Your identification number, date of birth, date of issue and expiry date of the ID/license/passport must be visible.)

4. A copy of a proof of residential address such as credit card statement, utility/telephone bill or bank statement. (Not required if you are a Singaporean citizen or Permanent Resident and submit a copy of both the front and back of your Pink or Blue NRIC.)

*The document can be downloaded at www.oanda.sg/register/forms.

OANDA FXTRADE INDIVIDUAL ACCOUNT APPLICATION FORMoanda fxtrade individual account application form !!!!! oanda asia pacific pte. ltd. indiv. app form (monetary authority of singapore:

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