Client Agreement

1.1 Pure M Global LTD, a company registered in the Republic of Vanuatu under registration number 14801, with its registered office at Pot 805/103 Rue D'Auvergne, PO BOX 535, Port Vila, Vanuatu, and regulated by the Financial Services Commission of Vanuatu (VFSC License No. 14801), (hereinafter referred to as the "Company") offers investment services in financial derivatives trading to natural persons and legal entities (hereinafter collectively referred to as "Clients").

1.2 The Company provides online trading services through its platform known as "Pure Portal" (hereinafter the "Platform"), which permits Clients to trade in foreign exchange (forex), contracts for difference (CFDs), commodities, indices, stocks, and other financial instruments as may be offered from time to time by the Company.

1.3 This Client Agreement (hereinafter the "Agreement") sets forth the terms and conditions under which the Company shall provide services to the Client. This Agreement shall apply to all transactions and relationships between the Client and the Company.

1.4 This Agreement constitutes a binding legal contract between the Client and the Company. By clicking "I Accept" during the account registration process, or by using the Platform following account activation, the Client irrevocably accepts and agrees to be bound by all terms, conditions, and provisions contained herein.

1.5 The Client acknowledges that this Agreement incorporates by reference the following documents, which are integral parts hereof: (a) Risk Disclosure Statement; (b) Terms of Business; (c) Privacy Policy; (d) Anti-Money Laundering (AML) Policy; (e) Complaints Handling Procedure; (f) Platform User Guide; (g) any amendments or supplements thereto published on the Company's website or delivered to the Client electronically.

1.6 The Client expressly acknowledges that: (a) the Client has read this Agreement and all referenced documents in their entirety; (b) the Client understands and accepts all risks associated with forex and CFD trading; (c) the Client is financially capable of trading; (d) the Client has had the opportunity to seek independent legal, tax, and financial advice; (e) the Client is accessing the Platform voluntarily and with full understanding of the risks involved.

1.7 This Agreement is offered on a non-negotiable basis. The Company does not permit modifications to the terms and conditions contained herein, except by written amendment signed by both parties and duly authorized by the Company.

1.8 The Company may operate ancillary services through affiliated companies, including but not limited to Pure Markets Africa, which operates under the Comoros Union financial authority. Any services provided by such affiliates shall be subject to the terms of this Agreement unless otherwise specifically stated.

2.1 The Company shall provide the Client with the following services: (a) opening and maintaining a live or demonstration trading account; (b) access to the Platform for the purpose of placing and managing trades; (c) execution of Client orders in accordance with the Company's execution policies; (d) settlement of transactions; (e) safekeeping of Client funds; (f) provision of market data and trading tools; (g) customer support services; (h) account statements and reports.

2.2 The Client shall have access to trade in the following asset classes: foreign exchange (forex) pairs including major, minor, and exotic currency pairs; commodities including precious metals (Gold, Silver, Copper) and energy contracts (Oil, Natural Gas); stock indices from global markets; individual equities and stocks; cryptocurrencies (as determined by the Company); and other instruments as made available by the Company from time to time.

2.3 The Company provides services on an "execution-only" basis. This means: (a) the Company does not provide investment advice, recommendations, or guidance regarding specific trading decisions; (b) the Company does not manage Client funds or make trading decisions on behalf of the Client; (c) the Client is solely responsible for all trading decisions and strategies; (d) the Company shall execute all Client orders without regard to the Client's financial situation or the suitability of the transaction; (e) the Client assumes full responsibility for any losses resulting from trading decisions.

2.4 The Client acknowledges that leverage trading involves substantial risk. The Company is entitled to execute trades with leverage up to 1:200 on forex and other instruments as specified. The use of leverage can result in losses exceeding the Client's initial deposit. The Client shall carefully consider whether trading with leverage is suitable for their financial situation.

2.5 The Company operates on a Straight-Through Processing (STP) basis, meaning: (a) Client orders are transmitted directly to liquidity providers and external exchanges; (b) the Company does not take the opposite side of Client trades (the Company does not act as a market maker); (c) the Company does not profit directly from Client losses; (d) liquidity is provided by multiple third-party providers to ensure competitive pricing.

2.6 All transactions are settled on a cash basis. The Company does not provide physical delivery of underlying assets. All positions are closed via a reverse transaction and profits or losses are calculated in the Client's account currency. Physical delivery requests shall be immediately rejected.

2.7 The Company reserves the right to: (a) modify or discontinue any trading instrument at any time; (b) change trading hours, market hours, or holiday schedules; (c) adjust leverage limits, position sizes, or margin requirements; (d) modify fees, commissions, or spreads; (e) temporarily suspend trading due to technical issues, market conditions, or regulatory requirements; (f) refuse to accept orders from specific Clients or in specific instruments. All such modifications shall be communicated to the Client via email or published on the Company's website.

2.8 The Company is not responsible for: (a) the accuracy, completeness, or timeliness of market data; (b) delays in order transmission or execution; (c) errors in data feed or system malfunctions (except for losses directly caused by the Company's gross negligence); (d) losses resulting from the Client's trading decisions or strategies; (e) market volatility, price gaps, or adverse market movements.

3.1 All orders, instructions, and requests submitted by the Client through the Platform or by other means shall be binding on the Client and shall constitute the Client's irrevocable authorization for the Company to execute the transaction. The Client is solely responsible for the accuracy and legitimacy of all submitted orders.

3.2 The Client acknowledges that: (a) the Client has full authority to execute all orders; (b) all information provided is accurate and complete; (c) the Client is not acting on behalf of another person without proper authorization; (d) the Client has verified all order details before submission.

3.3 The Company shall execute orders in accordance with the following policies: (a) Market Orders: executed immediately at the best available price; (b) Limit Orders: executed when the market reaches or exceeds the specified price, if at all; (c) Stop Orders: executed when the market reaches the specified level, if at all; (d) Pending Orders: held by the system until triggered or manually cancelled; (e) Trailing Stops: automatically adjusted based on price movements.

3.4 The Company reserves the right to reject any order for the following reasons: (a) the order exceeds the maximum position size limits; (b) the order violates margin requirements; (c) the order is placed during market closure or low liquidity periods; (d) the order appears to involve fraudulent or illegal activity; (e) the order would cause the Client to exceed regulatory limits; (f) the Client's account has insufficient funds or margin.

3.5 Order Cancellation: (a) Market orders cannot be cancelled once transmitted; (b) Pending orders may be cancelled through the Platform at any time before execution; (c) if the Client requests cancellation and the order has been partially executed, the remaining portion shall be cancelled but the Client remains liable for the executed portion; (d) cancellation requests are processed immediately but may not be effective if the order is being executed or has already been executed.

3.6 The Company may cancel, reverse, or modify any order in the following circumstances: (a) the order was executed due to a system error or technical malfunction; (b) the order appears to involve market manipulation or fraudulent activity; (c) the order was placed with erroneous pricing information; (d) the order violates applicable regulations or Company policies; (e) force majeure events prevent normal order processing.

3.7 The Client shall not use the Platform for: (a) market manipulation or "layering" strategies; (b) spoofing or placing orders with no intention to execute; (c) insider trading; (d) creating artificial price movements; (e) any activity that violates applicable securities laws or Company policies.

3.8 If the Company suspects order abuse or market manipulation, the Company may: (a) decline to execute the order; (b) restrict the Client's trading activity; (c) suspend the account; (d) terminate the Agreement; (e) report the Client to regulatory authorities and law enforcement.

3.9 Order Execution: (a) Execution times may vary based on market conditions, liquidity, and system capacity; (b) during periods of high volatility or low liquidity, execution may occur at prices significantly different from quoted prices; (c) the Client accepts responsibility for slippage and price differences; (d) the Company is not liable for execution delays or unfavorable execution prices caused by market conditions or third-party providers.

4.1 The Company shall have the absolute right, at any time and without prior notice to the Client, to set off and net any and all amounts owed by the Client to the Company against any amounts owed or held by the Company for the Client's benefit, whether such amounts are held in the Client's trading account or any other account maintained with the Company or its affiliates.

4.2 Netting rights shall extend to: (a) all amounts owed under this Agreement; (b) all amounts owed under other agreements between the Client and the Company; (c) amounts owed to the Company's affiliates; (d) amounts owed in connection with previous relationships with the Company; (e) all claims, whether contingent or absolute, whether accrued or not.

4.3 The Company may exercise netting rights when: (a) the Client fails to pay any amount due and owing; (b) the Client commits a material breach of this Agreement; (c) the Client becomes insolvent, bankrupt, or enters into insolvency proceedings; (d) the Client's financial condition deteriorates significantly; (e) the Company reasonably believes the Client poses credit risk; (f) regulatory requirements permit or require netting.

4.4 The Client expressly waives any and all objections to netting, set-off, or any similar proceedings. The Client acknowledges that netting is a standard industry practice and is necessary to protect the Company's interests and the interests of other clients.

4.5 Netting shall be applied in accordance with applicable laws of Vanuatu and the Vanuatu Financial Services Commission regulations. The Company shall apply netting to amounts in all currencies held by the Company.

4.6 The Company shall provide the Client with notice of any netting transaction: (a) if possible before implementation, but (b) in all cases within a reasonable time after implementation (normally within 5 business days). The lack of prior notice shall not affect the validity of the netting.

4.7 The Client shall not challenge the netting on any grounds, including mathematical errors, unless the Client provides written notice with supporting evidence within 10 business days of receiving notice of the netting transaction.

5.1 All deposits and withdrawals must be made through the payment methods authorized by the Company and displayed on the Platform. The Company currently accepts the following payment methods: (a) bank wire transfers (international and domestic); (b) credit and debit cards (Visa, Mastercard, American Express); (c) e-wallet services (PayPal, Skrill, Neteller, and others as specified); (d) cryptocurrency transfers where applicable; (e) other methods approved by the Company from time to time.

5.2 Deposits: (a) all deposits must be made from an account in the Client's name or from an account for which the Client is an authorized user; (b) deposits are credited to the Client's account immediately upon receipt by the Company from the payment processor; (c) the Company is not responsible for delays caused by the Client's bank or payment processor; (d) the Client is responsible for any fees charged by their bank or third-party payment providers.

5.3 Deposit Processing: (a) the Company shall use reasonable efforts to process deposits promptly, normally within 1-24 hours of receipt; (b) during weekends and non-business days, deposits may not be processed until the next business day; (c) large deposits or deposits from new accounts may be subject to additional verification procedures, which may delay processing by 5-10 business days; (d) once the deposit is credited to the account, trading may commence immediately.

5.4 Withdrawals: (a) all withdrawal requests must be submitted through the Platform or in writing to the Company; (b) the Company shall process withdrawal requests within 5-10 business days of receipt; (c) all withdrawals must be made to the same payment method from which the original deposit was made, or as otherwise authorized by the Company in writing; (d) the Client is responsible for any fees charged by their bank or payment processor in connection with withdrawals.

5.5 Withdrawal Restrictions: (a) the Company reserves the right to limit withdrawal amounts; (b) the Client may not withdraw more than the net equity in the Client's account after accounting for open positions and margin requirements; (c) if the Client has open positions, the Company may require that positions be closed before processing withdrawals; (d) pending withdrawals may be cancelled by the Company if market conditions or account status change.

5.6 Currency and Exchange: (a) all deposits and withdrawals must be made in the currency specified by the Company (USD, EUR, GBP, or other currencies as determined by the Company); (b) if the Client deposits funds in a different currency, the Company shall convert the funds at the Company's prevailing exchange rate, which may differ from inter-bank rates; (c) the Client shall be responsible for any exchange rate differences.

5.7 Documentation and Verification: (a) the Company may request documentation verifying the source of funds, including bank statements, proof of income, or other documents as required by anti-money laundering regulations; (b) deposits may be delayed until satisfactory documentation is provided; (c) the Client waives any claim for damages or losses resulting from such delays; (d) failure to provide requested documentation may result in account suspension or termination.

5.8 Minimum Deposits and Withdrawal Limits: (a) the Company may impose minimum deposit amounts (currently $100 USD or equivalent); (b) the Company may impose minimum withdrawal amounts (currently $5 USD or equivalent); (c) the Company may change these amounts at any time with notice to the Client.

5.9 Payment Fraud: (a) if the Company suspects that a deposit or withdrawal is fraudulent, unauthorized, or involves stolen funds, the Company may cancel the transaction and report the Client to law enforcement and regulatory authorities; (b) the Client shall be liable for any losses resulting from fraudulent transactions.

6.1 Segregation of Funds: All Client funds received by the Company for the purpose of trading shall be held in segregated client money accounts separate and apart from the Company's operating funds. Client funds shall not be used for the Company's operational expenses, administrative costs, or any other purpose except to satisfy the Client's trading obligations.

6.2 Bank Accounts: The Company maintains segregated client money accounts with banks in jurisdictions approved by the Financial Services Commission of Vanuatu. Currently, client funds are held with: (a) primary banking partners in Port Vila, Vanuatu; (b) international correspondent banks for forex transactions; (c) additional custodian banks as may be necessary. The Company shall notify clients of any changes to banking arrangements.

6.3 Client Funds Protection: Client funds held in segregated accounts are protected under: (a) Vanuatu Financial Services Commission regulations; (b) company law principles of trust and fiduciary duty; (c) the laws of the jurisdiction where the funds are held. The Company shall maintain adequate insurance and reserves to protect Client funds.

6.4 Risks: The Client acknowledges that: (a) segregated funds are not covered by deposit insurance in Vanuatu; (b) in the event of the Company's insolvency, Client funds may be subject to recovery procedures and may not be immediately available; (c) Client funds may be subject to claims by the Company's creditors in certain circumstances; (d) currency fluctuations may affect the value of Client funds held in foreign currency accounts.

6.5 Interest and Returns: (a) the Company may credit interest to Client accounts at rates determined by the Company; (b) interest shall be calculated on the average daily balance; (c) interest shall be credited monthly on the last business day of each month; (d) the Company is not obligated to pay interest if the Client has outstanding trading losses or obligations; (e) interest rates may change at any time without notice.

6.6 Account Statements: (a) the Company shall provide the Client with account statements via the Platform showing deposits, withdrawals, trades, fees, and current balance; (b) statements are updated in real-time as the Client trades; (c) the Client may download statements in PDF format from the Platform; (d) the Company shall provide consolidated monthly statements upon request; (e) the Client shall notify the Company of any discrepancies within 10 business days of statement generation.

6.7 Insolvency: In the event of the Company's insolvency or regulatory intervention: (a) Client funds shall have priority over the Company's general creditors; (b) the Company shall cooperate with regulatory authorities to return Client funds; (c) the financial services commission shall oversee the process; (d) recovery may take several months depending on legal procedures; (e) the Client may be required to submit proof of ownership claims.

6.8 Pledging and Liens: (a) the Company may pledge or hypothecate Client funds to secure credit lines or liquidity arrangements with third-party providers; (b) such arrangements are necessary to provide trading liquidity; (c) the Client hereby authorizes such pledging; (d) the Client's funds remain segregated and protected even if pledged; (e) the Company shall ensure that pledged funds are fully backed by sufficient available assets.

7.1 Complaint Procedures: If the Client believes the Company has violated this Agreement or treated the Client unfairly, the Client may submit a complaint to the Company. The Client should submit complaints as follows: (a) in writing to complaints@puremarketbroker.com; (b) through the complaint form on the Platform; (c) by phone to the Company's customer service center; (d) by mail to the Company's registered office.

7.2 Acknowledgment and Investigation: (a) the Company shall acknowledge receipt of the complaint within 2 business days; (b) the Company shall assign a complaint number for tracking; (c) the Company shall conduct a thorough investigation of the complaint; (d) the investigation shall normally be completed within 10 business days of complaint receipt; (e) the Company shall provide the Client with a written response explaining the findings and any remedial action.

7.3 Complaint Categories: The Company handles complaints in the following categories: (a) execution complaints (regarding order execution, pricing, or speed); (b) service complaints (regarding platform availability, customer service, or technical issues); (c) fee complaints (regarding commissions, spreads, or other charges); (d) withdrawal/deposit complaints; (e) account management complaints; (f) compliance and conduct complaints.

7.4 Escalation and Internal Review: If the Client is not satisfied with the Company's response: (a) the Client may request escalation to senior management within 10 business days of receiving the response; (b) the Company shall review the escalation and provide a final response within 10 business days; (c) if the complaint involves a regulatory issue, the Company may escalate to its internal compliance officer; (d) the Company maintains a written record of all complaints and resolutions for a minimum of 5 years.

7.5 External Dispute Resolution: If the Client is still not satisfied after internal resolution: (a) the Client may submit a complaint to the Financial Services Commission of Vanuatu; (b) the FSC shall review complaints regarding regulatory violations or unfair treatment; (c) the Client must submit the complaint to the FSC within 6 months of the Company's final response; (d) the FSC shall notify both parties of the complaint and request submissions.

7.6 Arbitration: For disputes that cannot be resolved through complaint procedures: (a) either party may initiate arbitration under the Vanuatu Arbitration Act; (b) the arbitration shall be conducted before a single arbitrator (for claims under $50,000) or three arbitrators (for larger claims); (c) the arbitration shall take place in Port Vila, Vanuatu; (d) the arbitrator shall apply the law of Vanuatu; (e) the arbitrator's decision shall be final and binding.

7.7 Litigation: (a) either party may pursue litigation in the courts of Vanuatu for disputes; (b) the Client waives any objection to the jurisdiction of Vanuatu courts; (c) the Client irrevocably accepts that Vanuatu courts have exclusive jurisdiction; (d) legal proceedings may be brought by either party in any court where the other party resides or has assets.

7.8 Costs: (a) the prevailing party in any dispute resolution proceeding may recover reasonable attorney's fees and court costs from the losing party; (b) costs shall be determined by the arbitrator or court; (c) costs may be awarded against a party who acts frivolously or in bad faith.

8.1 Communication Channels: The Company communicates with Clients through the following channels: (a) email to the email address registered with the account; (b) SMS messages to the registered mobile phone number; (c) notifications through the Platform; (d) regular mail to the registered mailing address; (e) telephone calls to the registered phone number.

8.2 Account Notifications: The Client shall receive notifications regarding: (a) margin calls when account equity falls below margin requirements; (b) pending order executions and fills; (c) new deposits and withdrawal processing; (d) account statements and reports; (e) important regulatory or policy updates; (f) account suspension or termination notices; (g) fees and charges.

8.3 Important Communications: The Company may communicate important information regarding: (a) changes to the Agreement or policies; (b) market warnings or trading alerts; (c) system maintenance or downtime; (d) regulatory or compliance issues; (e) account security concerns; (f) suspected unauthorized access.

8.4 Language: All communications from the Company to the Client shall be provided in English, unless the Client has requested communications in another language and the Company has agreed in writing. The Client shall be solely responsible for understanding English-language communications.

8.5 Client Communication Obligations: (a) the Client shall keep all account contact information current and accurate; (b) the Client shall monitor the registered email address daily for important communications; (c) the Client shall respond promptly to any Company requests for information or documentation; (d) the Company shall not be liable for any losses resulting from the Client's failure to read important communications or update contact information.

8.6 Recording and Monitoring: (a) all telephone communications with the Company may be recorded for quality assurance and regulatory purposes; (b) by using the Platform, the Client consents to such recording; (c) the Client may request that conversations not be recorded, but this may limit the Company's ability to provide certain services; (d) all email communications are monitored and archived.

8.7 Marketing Communications: (a) the Client consents to receive marketing communications, promotional offers, and news from the Company; (b) these communications may be sent via email, SMS, or other channels; (c) the Client may opt out of marketing communications at any time by notifying the Company or adjusting notification preferences in the account settings; (d) the Client shall still receive important account and regulatory communications even if marketing communications are declined.

8.8 Legal Notices: Any legal notices or documents served on the Client shall be deemed properly served if: (a) sent to the email address on file (service is effective when sent); (b) sent by regular mail to the mailing address (service is effective 5 business days after mailing); (c) posted on the Platform or Company website; (d) hand-delivered.

9.1 Importance of Timelines: Time is of the essence in all matters related to this Agreement and the Client's use of the Platform. Failure to comply with any time requirement may result in significant consequences including account suspension, position liquidation, or termination.

9.2 Critical Deadlines: The following deadlines are critical, and failure to meet them shall be considered a breach of this Agreement: (a) responding to margin calls within 24 hours; (b) providing requested documentation within 10 business days; (c) responding to Company inquiries within 5 business days; (d) reporting suspected unauthorized access within 24 hours of discovery.

9.3 Margin Calls: (a) when account equity falls below required margin levels, the Company shall issue a margin call; (b) the Client must deposit additional funds within 24 hours of the margin call; (c) if funds are not deposited within 24 hours, the Company may forcibly close positions without Client consent; (d) all positions shall be closed to bring the account back into compliance with margin requirements; (e) the Client shall be liable for any losses resulting from forced position closure.

9.4 Documentation Requests: (a) the Company may request documentation for verification or compliance purposes; (b) such documentation must be provided within 10 business days of the request; (c) failure to provide requested documentation may result in: (i) account suspension; (ii) withdrawal freezes; (iii) trading restrictions; (iv) account termination.

9.5 Compliance Enquiries: (a) the Company may enquire about the Client's trading activity, source of funds, or business purpose; (b) the Client must respond to such inquiries promptly, normally within 5 business days; (c) failure to respond may result in account restrictions or termination.

9.6 Security Alerts: (a) if the Company detects suspected unauthorized access or suspicious activity, the Company shall notify the Client immediately; (b) the Client must respond to such alerts within 24 hours; (c) the Client should immediately change their password and review account activity.

9.7 Notice of Termination: (a) if the Company intends to terminate the Agreement, the Company shall provide written notice (normally 30 days for non-material breaches); (b) notice of termination for cause (fraud, illegal activity) may be effective immediately; (c) upon termination notice, the Client shall close all positions within the notice period; (d) the Company may forcibly close positions if the Client fails to do so.

9.8 Time Zone: (a) all times referenced in this Agreement and on the Platform are in GMT (Greenwich Mean Time) unless otherwise specified; (b) the Client is responsible for converting times to their local timezone; (c) market hours, trading hours, and deadline times are all expressed in GMT; (d) the Client should carefully note time differences when scheduling actions or responding to deadline.

10.1 Events of Default: The Client shall be in default of this Agreement upon the occurrence of any of the following events: (a) failure to pay any amount due to the Company within 5 business days of the due date; (b) breach of any material provision of this Agreement or related documents; (c) insolvency, bankruptcy, or being unable to pay debts as they fall due; (d) commencement of insolvency, bankruptcy, or receivership proceedings; (e) death or legal incapacity of the Client; (f) material misrepresentation or fraud in account opening or ongoing disclosures.

10.2 Additional Default Events: (g) Client's regulatory status changes unfavorably (e.g., becoming a sanctioned person or entity); (h) Client becomes subject to governmental investigation, asset freeze, or sanctions; (i) Client provides false information regarding identity, source of funds, or intended use of funds; (j) Client engages in market manipulation, spoofing, layering, or other prohibited trading practices; (k) Client uses the Platform for money laundering, fraud, or other illegal purposes; (l) Client violates any AML or compliance requirement.

10.3 Company Remedies: Upon an event of default, the Company may, in its sole discretion, without further notice or consent from the Client, and without liability for any losses incurred: (a) immediately close all open positions at market rates; (b) cancel all pending orders; (c) freeze or suspend the trading account; (d) terminate this Agreement immediately; (e) exercise all netting rights against amounts owed by the Client; (f) retain all funds in the account to satisfy obligations; (g) report the Client to regulatory authorities, law enforcement, or financial intelligence units.

10.4 Forced Liquidation: (a) when the Company exercises the right to close positions due to default, all positions shall be closed at the best available market prices; (b) the Client shall not be entitled to choose which positions are closed or the timing of closure; (c) the Company shall not be liable for execution prices obtained during forced liquidation; (d) the Company may use multiple liquidity providers to liquidate large positions; (e) slippage and price differences during liquidation are the Client's responsibility.

10.5 Costs of Default: (a) the Client shall pay all costs incurred by the Company in enforcing its rights under this Agreement, including legal fees, court costs, collection agency fees, and administrative costs; (b) such costs may be deducted from the Client's account balance; (c) if the Client's account balance is insufficient, the Client shall remain liable for the shortfall.

10.6 Right to Cure: (a) in cases of non-payment only, the Client may cure the default by paying all amounts due within 5 business days of notice; (b) in all other cases of default, the Company may terminate this Agreement without providing an opportunity to cure; (c) even if a default is cured, the Company may proceed with enforcement actions against the Client.

10.7 Survival: All provisions of this Agreement shall survive termination due to default, including but not limited to: (a) payment obligations; (b) indemnification obligations; (c) confidentiality obligations; (d) limitations on liability; (e) governing law and jurisdiction provisions.

10.8 No Waiver: The Company's failure to enforce any right upon an event of default shall not constitute a waiver of that right. The Company reserves the right to enforce any right at any time without limitation.

11.1 Legal Capacity: The Client represents and warrants that: (a) the Client has full legal capacity to enter into this Agreement and perform the Client's obligations; (b) the Client is of legal age (at least 18 years old) in their jurisdiction of residence; (c) the Client has not been declared legally incompetent or placed under guardianship; (d) if the Client is a legal entity, the Client is duly organized, validly existing, and in good standing.

11.2 Authority: (a) the Client has full authority to open a trading account and engage in trading; (b) the Client is not acting on behalf of another person unless the Client has provided proper documentation of power of attorney or agency; (c) the Client will not permit any other person to trade on the account without Company authorization; (d) the Client shall immediately notify the Company if the Client is acting as a fiduciary, trustee, or on behalf of any other person or entity.

11.3 Compliance and Sanctions: (a) the Client is not a national or resident of any sanctioned country (including Cuba, Iran, North Korea, Syria, or other countries designated by the United States, European Union, or United Nations); (b) the Client is not listed on any sanctions list, including the OFAC SDN list, EU sanctions lists, or any other governmental sanctions lists; (c) the Client is not known to the Company as being the subject of any governmental investigation, asset freeze, or sanctions action; (d) the Client will immediately notify the Company if the Client's sanctions status changes.

11.4 Information Accuracy: (a) all information provided by the Client during account opening and any subsequent updates is true, accurate, complete, and not misleading; (b) all documentation submitted is genuine and authentic; (c) the Client will promptly notify the Company of any changes to identity information, residence, or other material facts; (d) the Client has not concealed or omitted any material information.

11.5 Financial Understanding: (a) the Client understands forex and CFD trading and the risks involved; (b) the Client has sufficient financial knowledge to understand trading strategies and use the Platform; (c) the Client is financially capable of trading with leverage and can afford potential losses; (d) the Client is not relying on the Company for investment advice or recommendations; (e) the Client has read and understood the Risk Disclosure statement.

11.6 Source of Funds: (a) all funds deposited with the Company are the Client's own funds, or funds for which the Client has lawful authority; (b) all funds are lawfully obtained and do not derive from illegal activities; (c) the Client is not using the Platform to launder money or conceal the source of funds; (d) the Client is not using the Platform to facilitate sanctions evasion or terrorist financing; (e) the Client shall provide documentation of the source of funds upon Company request.

11.7 Trading Purpose: (a) the Client intends to use the Platform solely for legitimate investment and trading purposes; (b) the Client is not using the Platform for market manipulation, fraud, or other prohibited purposes; (c) the Client is not using automated trading systems or bots without Company authorization; (d) the Client will not attempt to exploit system vulnerabilities or software errors.

11.8 Absence of Conflicts: (a) the Client is not employed by a bank, investment firm, or other financial institution that could create conflicts of interest (unless disclosed and approved); (b) the Client is not providing services as an investment adviser, broker, or financial professional without proper licensing; (c) the Client is not affiliated with the Company or any of the Company's liquidity providers.

11.9 Covenants: (a) the Client covenants to comply with all applicable laws and regulations; (b) the Client will use the Platform in accordance with this Agreement and all Company policies; (c) the Client will not engage in prohibited trading practices; (d) the Client will immediately report any suspected security breaches or unauthorized access; (e) the Client will maintain the confidentiality of login credentials.

12.1 Governing Law: This Agreement and all related matters shall be governed by, construed under, and enforced in accordance with the laws of the Republic of Vanuatu, without regard to conflict of laws principles. The Vanuatu Financial Services Commission Act shall apply to regulated matters.

12.2 Exclusive Jurisdiction: (a) the Client irrevocably submits to the exclusive jurisdiction of the courts of the Republic of Vanuatu for resolution of all disputes arising from this Agreement; (b) the Client waives any objection to the jurisdiction of Vanuatu courts, including objections based on inconvenience or lack of contacts; (c) the Client consents that any court in Vanuatu shall have jurisdiction to hear disputes.

12.3 Jurisdiction of Other Courts: Notwithstanding the above, the Company may, in its sole discretion, bring legal action against the Client in: (a) any court where the Client resides; (b) any court in the jurisdiction where the Client's assets are located; (c) any court having jurisdiction over the Client's employer or financial institution; (d) any international court or tribunal with jurisdiction.

12.4 Arbitration: Prior to pursuing litigation, disputes must be submitted to arbitration as follows: (a) either party may initiate arbitration by notifying the other party in writing; (b) the arbitration shall be conducted under the Vanuatu Arbitration Act; (c) a single arbitrator shall be appointed for claims under USD 50,000; (d) three arbitrators shall be appointed for claims exceeding USD 50,000; (e) the arbitration shall take place in Port Vila, Vanuatu; (f) the language of arbitration shall be English.

12.5 Arbitrator Selection: (a) if the parties cannot agree on an arbitrator, the arbitrator(s) shall be appointed by the President of the Vanuatu Bar Association or another appointing authority; (b) the arbitrator shall be neutral, independent, and impartial; (c) the arbitrator shall have experience in financial services and investment matters; (d) the arbitrator shall apply the law of Vanuatu.

12.6 Arbitration Procedure: (a) each party shall submit written statements of claim and defense; (b) each party may present evidence and witness testimony; (c) each party may be represented by counsel; (d) the arbitration shall be conducted on an expedited basis, normally completed within 6 months; (e) the arbitrator's decision (award) shall be final and binding on both parties.

12.7 Costs and Fees: (a) the costs of arbitration, including the arbitrator's fees and administrative costs, shall be shared equally by both parties, unless the arbitrator determines otherwise; (b) the prevailing party may recover a portion of their attorney's fees and other costs from the losing party; (c) the arbitrator shall have discretion to award costs.

12.8 Enforcement: (a) arbitration awards shall be enforceable in any court of competent jurisdiction; (b) the Client irrevocably consents to enforcement of arbitration awards in any jurisdiction; (c) the Company may seek enforcement of awards through all available legal remedies; (d) the Client waives any defense to enforcement based on lack of proper notice or opportunity to be heard.

12.9 Litigation as Alternative: If arbitration is not pursued or fails, either party may bring litigation in the courts of Vanuatu. The prevailing party shall be entitled to recover reasonable attorney's fees and court costs.

13.1 General Limitation: Except as specifically provided by applicable law and not to the extent prohibited by law, the Company shall not be liable to the Client for: (a) any indirect, incidental, consequential, special, punitive, or exemplary damages; (b) loss of profits, loss of revenue, loss of business opportunity, loss of data, or loss of goodwill; (c) trading losses or losses resulting from market movements; (d) damages arising from the Client's trading decisions or strategies.

13.2 Liability Cap: The Company's total aggregate liability to the Client in connection with this Agreement, including for breach of contract, negligence, or any other legal theory, shall not exceed: (a) the greater of (i) the balance in the Client's trading account at the time the claim is made, or (ii) the amount of deposits made by the Client; (b) provided that this cap shall not apply to the Company's fraudulent misrepresentation or willful misconduct.

13.3 Trading Losses: The Client acknowledges and accepts that: (a) trading in forex and CFDs involves substantial risk of loss; (b) the Client may lose more than the Client's initial deposit; (c) leverage amplifies both gains and losses; (d) the Company is not responsible for any trading losses; (e) the Client assumes full responsibility for all trading decisions and their consequences.

13.4 System and Technical Issues: The Company shall not be liable for: (a) temporary system unavailability or platform downtime (except for claims arising from gross negligence or willful misconduct by the Company); (b) slow execution or order delays caused by market conditions, third-party providers, or telecommunications issues; (c) data feed errors or market data inaccuracies (unless the Company is grossly negligent); (d) losses caused by Client computer problems, internet connection issues, or Client actions.

13.5 Third-Party Services: The Company is not liable for: (a) actions or failures of liquidity providers, banks, or other third-party service providers; (b) delays or failures in payment processing; (c) sanctions applied by financial institutions or payment processors; (d) account freezes or restrictions imposed by financial institutions.

13.6 Force Majeure Events: The Company is not liable for any losses resulting from force majeure events, including market gaps, flash crashes, exchange closures, political events, natural disasters, or other unforeseeable circumstances.

13.7 Client Responsibility: (a) the Client is solely responsible for protecting login credentials and preventing unauthorized access; (b) the Company is not liable for losses due to compromised accounts or credentials; (c) the Client is responsible for maintaining accurate contact information; (d) the Client is responsible for reviewing account statements and reporting errors promptly.

13.8 Consequential Damages: In no event shall either party be liable to the other for consequential, indirect, incidental, special, or punitive damages, even if advised of the possibility of such damages. This limitation applies to all disputes regardless of the legal theory (contract, tort, warranty, or otherwise).

13.9 Essential Term: The Client acknowledges that this limitation on liability is an essential term of this Agreement and material to the Company's willingness to provide services. The Company would not provide services without this limitation.

14.1 Definition: Force majeure events are unforeseeable events and circumstances beyond the reasonable control of the Company, including but not limited to: (a) war, terrorism, civil unrest, or international hostilities; (b) natural disasters, earthquakes, floods, hurricanes, or other catastrophic events; (c) government actions, sanctions, embargoes, or regulatory actions affecting market access; (d) epidemics, pandemics, or public health crises; (e) telecommunications failures, internet outages, or power failures.

14.2 Market-Related Force Majeure: Force majeure also includes: (f) exchange closures or trading halts; (g) flash crashes or severe market dislocations; (h) liquidity crises or market freezes; (i) circuit breakers or trading halts triggered by market regulators; (j) extraordinary market volatility with widespread quote feed failures.

14.3 Company Actions During Force Majeure: Upon the occurrence of a force majeure event, the Company may: (a) suspend new order entry temporarily; (b) close all open positions at available market prices to protect Client funds; (c) suspend redemptions or withdrawal requests; (d) suspend communications temporarily; (e) rely on alternative communication methods; (f) suspend margin requirements if necessary.

14.4 Client Consequences: (a) the Client accepts that force majeure events may result in: (i) forced closure of positions; (ii) inability to open new positions; (iii) delays in order execution; (iv) widened spreads; (v) slippage between quote and execution; (vi) inability to withdraw funds temporarily.

14.5 No Liability: (a) the Company shall not be liable for any losses, damages, or costs resulting from force majeure events; (b) the Client waives all claims for damages related to force majeure events; (c) the Company shall not be required to compensate the Client for losses incurred during or after a force majeure event; (d) the Company's obligations under this Agreement are suspended during a force majeure event.

14.6 Notice and Updates: (a) the Company shall notify Clients of force majeure events as soon as practicable; (b) notices shall be posted on the Platform and sent via email; (c) the Company shall provide regular updates regarding the status and expected duration of the event; (d) the Client is responsible for monitoring the Platform and email for updates.

14.7 Recovery and Resumption: (a) once a force majeure event ends, the Company shall resume normal operations as quickly as possible; (b) the Company shall notify Clients when normal operations resume; (c) any positions closed during the force majeure event shall not be reopened automatically; (d) the Client must reopen positions once trading resumes.

14.8 Determination: (a) the determination of whether an event constitutes force majeure shall be made at the Company's sole discretion; (b) the Company shall act reasonably in making such determination; (c) the Company may consult with its board, legal counsel, or regulators; (d) the Client may challenge the Company's determination through the complaint procedures.

14.9 Examples: Examples of force majeure events include: September 11 terrorist attacks, 2008 financial crisis, COVID-19 pandemic, major exchange shutdowns, armed conflicts, government decrees affecting financial services, major cyberattacks affecting multiple market participants, and natural disasters affecting major financial centers.

15.1 Entire Agreement: This Agreement, together with all documents referenced herein or incorporated by reference, constitutes the entire agreement between the Client and the Company regarding the subject matter hereof. This Agreement supersedes all prior negotiations, representations, agreements, and understandings, whether written or oral.

15.2 Amendments: This Agreement may only be amended by written agreement signed by both the Client and an authorized representative of the Company. No oral modifications, email modifications, or modifications made by Company representatives without proper authorization shall be valid. The Company may unilaterally amend this Agreement as described in the Amendment section.

15.3 Severability: If any provision of this Agreement is determined by a court or arbitrator to be invalid, illegal, or unenforceable, such provision shall be severed from the Agreement. The remaining provisions shall continue in full force and effect. If a provision is severable, the parties shall negotiate in good faith to replace the provision with a valid alternative.

15.4 Waiver: The Company's failure to enforce any provision of this Agreement shall not constitute a waiver of that provision or any other provision. The Company's waiver of one breach shall not constitute a waiver of any subsequent breach. The Company may enforce any provision at any time without limitation.

15.5 Survival: The following provisions shall survive termination of this Agreement: (a) payment obligations for fees and losses; (b) indemnification obligations; (c) confidentiality obligations; (d) limitations on liability; (e) governing law and jurisdiction; (f) any other provisions by their terms intended to survive termination.

15.6 Assignment: (a) the Client may not assign, transfer, sell, pledge, or otherwise dispose of any rights or obligations under this Agreement without the Company's prior written consent. Any attempted assignment without consent shall be void. (b) The Company may assign this Agreement, in whole or in part, to any other financial services provider, bank, or third party without the Client's consent. The Company shall provide the Client with notice of any assignment. (c) Upon assignment, all rights of the Company shall transfer to the assignee.

15.7 Relationship of Parties: (a) nothing in this Agreement creates a partnership, joint venture, agency relationship, or employment relationship between the Client and the Company; (b) the Client is an independent contractor; (c) the Company does not represent the Client to third parties; (d) the Client may not represent the Client as an agent of the Company.

15.8 Third-Party Rights: This Agreement is intended solely for the benefit of the Company and the Client. No third party has any rights or claims under this Agreement, except as may be expressly stated herein.

15.9 Electronic Communications: (a) the Company may provide all notices, statements, and documents electronically; (b) electronic delivery shall be deemed valid delivery; (c) the Client consents to receipt of electronic communications; (d) the Client must ensure their email address is kept current; (e) the Client is responsible for maintaining access to email and the Platform to receive important communications.

15.10 Counterparts and Signatures: (a) this Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one agreement; (b) electronic signatures and PDF signatures shall be valid and binding; (c) a signed copy transmitted by email shall be valid and binding.

16.1 Amendment by Company: (a) the Company reserves the right to amend, modify, add to, or delete from any provision of this Agreement at any time; (b) the Company shall notify the Client of material amendments at least 30 calendar days before the effective date; (c) the Company shall post amendments on the Company's website and notify the Client via email; (d) the Client shall be deemed to have accepted amendments if the Client continues to use the Platform after the 30-day notice period.

16.2 Material vs. Non-Material Changes: (a) material amendments include: changes to fee structures, leverage limits, margin requirements, or fundamental terms; (b) non-material amendments include: changes to technical specifications, user interface, trading hours, or minor policy changes; (c) non-material amendments may be implemented with shorter notice or no advance notice.

16.3 Right to Terminate Upon Amendment: (a) if the Client does not agree to material amendments, the Client may terminate the Agreement within 30 days of receiving notice; (b) the Client must provide written notice of termination; (c) upon termination, all positions shall be closed and the account shall be settled within 10 business days.

16.4 Termination by the Company: (a) the Company may terminate this Agreement at any time with written notice; (b) termination for cause (fraud, breach) may be effective immediately without advance notice; (c) termination for convenience may be effective with 30 days' written notice; (d) all positions shall be closed upon termination; (e) the account shall be settled within 10 business days of termination.

16.5 Termination by Client: (a) the Client may terminate this Agreement by providing written notice to the Company; (b) the Client shall close all open positions before termination or authorize the Company to close them; (c) once all positions are closed and fees paid, the account shall be settled; (d) remaining balance shall be returned to the Client within 10 business days.

16.6 Immediate Termination Events: The Company may terminate this Agreement immediately without notice in the following circumstances: (a) the Client engages in fraudulent activity; (b) the Client conducts unauthorized trading or uses another person's account without authorization; (c) the Client engages in prohibited trading practices (market manipulation, spoofing); (d) the Client is discovered to be a sanctioned person or involved in illegal activity; (e) the Client breaches confidentiality or security obligations.

16.7 Effect of Termination: Upon termination of this Agreement: (a) all open positions shall be closed at market rates; (b) all pending orders shall be cancelled; (c) all fees and charges shall be calculated and debited; (d) Client funds shall be returned to the designated account; (e) the Client shall remain liable for any obligations accrued before termination.

16.8 Survival and Continuation: (a) termination of this Agreement shall not relieve either party of obligations accrued before termination; (b) payment obligations for fees, losses, and other amounts due shall survive termination; (c) the Client remains liable for any trading losses incurred before termination; (d) the Company may pursue collection of any amounts owed.

16.9 Record Retention: (a) the Company shall retain all account records, trading records, and communications for a minimum of 5 years after termination; (b) the Company may provide copies of records to the Client upon request; (c) the Client may request to download account statements within the retention period.

17.1 Defined Terms: The following terms shall have the meanings ascribed to them: (a) "Account" or "Trading Account" means the account maintained with the Company for the Client to conduct trading activities. (b) "Agreement" means this Client Agreement and all documents incorporated by reference. (c) "Business Day" means Monday through Friday, excluding holidays recognized by the Company.

17.2 More Definitions: (d) "CFD" means a Contract for Difference, an agreement between the Client and the Company to exchange the difference in the value of an underlying asset between the opening and closing of the contract. (e) "Client" means any individual or legal entity entering into this Agreement with the Company. (f) "Company" means Pure M Global LTD and its successors, affiliates, and authorized agents.

17.3 Continued Definitions: (g) "Force Majeure Event" means unforeseeable events and circumstances beyond reasonable control as defined herein. (h) "Forex" or "FX" means the foreign exchange market where currencies are traded. (i) "Leverage" means the ability to control a large position with a relatively small amount of capital provided by the Company.

17.4 More Defined Terms: (j) "Margin" means funds held by the Company to maintain open trading positions and cover potential losses. (k) "Open Position" means an active buy or sell order that has been executed but not yet closed or liquidated. (l) "Pip" (Percentage in Points) means the smallest increment in which a forex pair price can move, typically 0.0001 for most pairs.

17.5 Additional Definitions: (m) "Platform" means the Pure Portal online trading platform provided by the Company for accessing markets, executing trades, and managing accounts. (n) "Spread" means the difference between the bid price (the price at which the Company will buy from the Client) and the ask price (the price at which the Company will sell to the Client).

17.6 More Terms: (o) "Trade" or "Trading" means the opening and closing of positions in financial instruments through the Platform. (p) "Underlying Asset" means the financial instrument (currency pair, commodity, index, stock, etc.) on which a CFD or other derivative is based. (q) "Withdrawal" means a request to transfer funds from the Trading Account to an external bank account.

17.7 Interpretive Rules: (a) headings and section numbers are for convenience only and do not affect the interpretation of provisions. (b) references to "including" are illustrative and do not limit the scope or meaning. (c) the singular includes the plural and the plural includes the singular. (d) references to days mean calendar days unless "business days" is specified.

17.8 Time References: (a) all times are GMT (Greenwich Mean Time) unless otherwise specified on the Platform. (b) the Client is responsible for converting times to their local timezone. (c) market hours, trading hours, and deadline times are all in GMT. (d) trading may not be available during all times.

17.9 Construction: (a) this Agreement shall not be construed against the drafting party. (b) section titles are for convenience and do not limit scope. (c) the use of "and" is conjunctive and "or" is disjunctive. (d) references to currency mean the currency specified in the Client's account.

17.10 Compliance with Law: To the extent any provision of this Agreement conflicts with applicable law, such provision shall be reformed to comply with law while preserving the intent of the parties to the maximum extent possible. If reformation is not possible, the conflicting provision shall be severed.