Forex Account Application

(1)

In order to expedite your account opening process, if you have been working with a Representative, please enter that person’s name below:

Representative’s Name: ________________________________________ Promotional Code: ________________________________________

Leverage

□

1:50

□

1:100

□

1:200

□

1:300

□

1:400

□

1:500

*Subject to approval and changes at the company’s discretion.

Account Currency

USD

Account Holder Information

First Name Middle Last

Date of Birth Citizenship Government issued ID #

Type of ID: □ Driver’s License □ Passport □ Other Country of Issuance:

IMPORTANT: Please send a certified copy of your government issued ID

Permanent Address (no P.O. Boxes)

City Postcode Country Province

Mailing Address

□

Check here if same as Permanent Address

Primary/Daytime phone number Home/Evening phone number Cellular/Portable phone number Fax number

E-mail address

Marital Status: □ Single □ Married Dependents

Financial Information

Annual Income:

□ If under $50,000, specify __________________

□ $50,000-$99,999

□ $100,000-$249,999

□ $250,000-$999,999

□ Over $1 million

Net Worth (excluding residence):

□ If under $75,000, specify __________________

□ $75,000-$99,999

□ $100,000-$199,999

□ $200,000-$499,999

□ $500,000-$999,999

□ $1,000,000-$4,999,999

□ Over $5 million

Liquid Net Worth:

□ If under $75,000, specify_________________

□ $75,000-$99,999

□ $100,000-$199,999

□ $200,000-$499,999

□ $500,000-$999,999

□ $1,000,000-$4,999,999

□ Over $5 million

Nearest tax bracket:

Source of assets to be deposited to fund your account:

□ Salary □ Gift □ Inheritance □ Insurance proceeds □ Legal settlement □ Savings/Investments/Real Estate □ Other

Current Bank Reference: Firm Name City Province

(2)

□ Employed □ Self-Employed □ Retired □ Unemployed □ Student □ Homemaker

If unemployed, please describe your source of funds:

Current occupation Type of business Years there

Name of employer Employers address

If retired, please list prior occupation Years there

Trading Experience

EQUITIES OPTIONS FUTURES FOREX

No. of years trading

□ None

□ If less than 6

months, specify _____________

□ 6 months+

Avg. trades per month

□ None

□ 1-5

□ 6-25

□ 26-100+

□ None

□ If less than 6

□ 6 months+

□ None

□ 1-5

□ 6-25

□ 26-100+

□ None

□ If less than 6

□ 6 months+

□None

□ 1-5

□ 6-25

□ 26-100+

□ None

□ If less than 6

□ 6 months+

□ None

□ 1-5

□ 6-25

□ 26-100+

Have you ever traded on margin?

□

Yes

□

No

If no, do you have any experience trading in a cash or investment account?

□

Yes

□

No If yes, how many Years_______ Months_________

Other Investments:

□

Real Estate

□

Tax Shelters

□

Savings

Do you understand how forex markets and trading operate and the risks involved in trading in forex, including price volatility and fluctuations?

□

Yes

□

No

If YES, please indicate if you agree to accept all the risks involved in trading in forex:

□

Yes

□

No

(3)

Acknowledgement

I acknowledge that the Terms of Business is a legally binding contractual agreement. I have read the Terms of Business carefully and by signing, I agree to be bound by every Term and Condition. No modification of the terms of business is valid unless accepted by MISO Market Limited in writing. I agree that the following documents have been made available to me on the company website and I have reviewed them before completing this application. By checking “Yes,” customer acknowledges agreement and understanding of all documents listed below:

FOREX Risk Disclosure Statement

MISO Market Limited Full Risk Disclosure

□

Yes

□

No

□

Yes

□

No

In addition, I confirm that I have received a full set of account documents and I have not made any alterations or deletions to the Terms of Business or any such documents from the original forms. In the event that there are any alterations or deletions to this agreement, such alteration and deletions shall not be binding on MISO Market Limited and said original form shall govern customer account relationship with MISO Market Limited.

Account Signature

(4)

FOREX Risk Disclosure Statement

OFF-EXCHANGE FOREIGN CURRENCY TRANSACTIONS INVOLVE THE LEVERAGED TRADING OF CONTRACTS DENOMINATED IN FOREIGN CURRENCY CONDUCTED WITH A FUTURES COMMISSION MERCHANT OR RETAIL FOREIGN EXCHANGE DEALER AS YOUR COUNTERPARTY.

BECAUSE OF THE LEVERAGE AND THE OTHER RISKS DISCLOSED HERE, YOU CAN RAPIDLY LOSE ALL OF THE FUNDS YOU DEPOSIT FOR SUCH TRADING AND YOU MAY LOSE MORE THAN YOU DEPOSIT.

YOU SHOULD BE AWARE OF AND CAREFULLY CONSIDER THE FOLLOWING POINTS BEFORE DETERMINING WHETHER SUCH TRADING IS APPROPRIATE FOR YOU.

(1) TRADING IS NOT ON A REGULATED MARKET OR EXCHANGE—YOUR DEALER IS YOUR TRADING PARTNER WHICH IS A DIRECT CONFLICT OF INTEREST. BEFORE YOU ENGAGE IN ANY RETAIL FOREIGN EXCHANGE TRADING, YOU SHOULD CONFIRM THE REGISTRATION STATUS OF YOUR COUNTERPARTY. The off-exchange foreign currency trading you are entering into is not conducted on an interbank market, nor is it conducted on a futures exchange subject to regulation as a designated contract market by the Commodity Futures Trading Commission. The foreign currency trades you transact are trades with the futures commission merchant or retail foreign exchange dealer as your counterparty. WHEN YOU SELL, THE DEALER IS THE BUYER. WHEN YOU BUY, THE DEALER IS THE SELLER. As a result, when you lose money trading, your dealer is making money on such trades, in addition to any fees, commission, or spreads the dealer may charge.

(2) AN ELECTRONIC TRADING PLATFORM FOR RETAIL FOREIGN CURRENCY TRANSACTIONS IS NOT AN EXCHANGE. IT IS AN ELECTRONIC CONNECTION FOR ACCESSING YOUR DEALER. THE TERMS OF AVAILABILITY OF SUCH A PLATFORM ARE GOVERNED ONLY BY YOUR CONTRACT WITH YOUR DEALER. Any trading platform that you may use to enter off-exchange foreign currency transactions is only connected to your futures commission merchant or retail foreign exchange dealer. You are accessing that trading platform only to transact with your dealer. You are not trading with any other entities or customers of the dealer by accessing such platform. The availability and operation of any such platform, including the consequences of the unavailability of the trading platform for any reason, is governed only by the terms of your account agreement with the dealer.

(3) YOUR DEPOSITS WITH THE DEALER HAVE NO REGULATORY PROTECTIONS. All of your rights associated with your retail forex trading, including the manner and denomination of any payments made to you, are governed by the contract terms established in your account agreement with the futures commission merchant or retail foreign exchange dealer. Funds deposited by you with a futures commission or retail foreign exchange dealer for trading off-exchange foreign currency transactions are not subject to the customer funds protections provided to customers trading on a contract market that is designated by the Commodity Futures Trading Commission. Your dealer may commingle your funds with his own operating funds or use them for other purposes. In the event your dealer becomes bankrupt, any funds the dealer is holding for you in addition to any amounts owed to you resulting from trading, whether or not any assets are maintained in separate deposit accounts by the dealer, may be treated as an unsecured creditor claim.

(4) YOU ARE LIMITED TO YOUR DEALER TO OFFSET OR LIQUIDATE ANY TRADING POSITIONS SINCE THE TRANSACTIONS ARE NOT MADE ON AN EXCHANGE OR MARKET AND, AND YOUR DEALER MAY SET ITS OWN PRICES. Your ability to close your transactions or offset positions is limited to what your dealer will offer to you, as there is no other market for these transactions. Your dealer may offer any prices it wishes, and it may offer prices derived from outside sources or not in its discretion. Your dealer may establish its prices by offering spreads from third party prices, but it is under no obligation to do so or to continue to do so. Your dealer may offer different prices to different customers at any point in time on its own terms. The terms of your account agreement alone govern the obligations your dealer has to you to offer prices and offer offset or liquidating transactions in your account and make any payments to you. The prices offered by your dealer may or may not reflect prices available elsewhere at any exchange, interbank, or other market for foreign currency.

(5) PAID SOLICITORS MAY HAVE UNDISCLOSED CONFLICTS. The futures commission merchant or retail foreign exchange dealer may compensate introducing brokers for introducing your account in ways which are not disclosed to you. Such paid solicitors are not required to have, and may not have, any special expertise in trading, and may have conflicts of interest based on the method by which they are compensated. Solicitors working on behalf of futures commission merchants and retail foreign exchange dealers are required to register. You should confirm that they are, in fact registered. You should thoroughly investigate the manner in which all such solicitors are compensated and be very cautious in granting any person or entity authority to trade on your behalf. You should always consider obtaining dated written confirmation of any information you are relying on from your dealer or a solicitor in making any trading or account decisions.

FINALLY, YOU SHOULD THOROUGHLY INVESTIGATE ANY STATEMENTS BY ANY DEALERS OR SALES REPRESENTATIVES WHICH MINIMIZE THE IMPORTANCE OF, OR CONTRADICT, ANY OF THE TERMS OF THIS RISK DISCLOSURE. SUCH STATEMENTS MAY INDICATE POTENTIAL SALES FRAUD.

THIS BRIEF STATEMENT CANNOT, OF COURSE, DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF TRADING OFF-EXCHANGE FOREIGN CURRENCY TRANSACTIONS WITH A FUTURES COMMISSION MERCHANT OR RETAIL FOREIGN EXCHANGE DEALER.

(5)

MISO Market Limited Full Risk Disclosure

High Risk Investment

Margined Currency and CFD Trading is one of the riskiest forms of investment available in the financial markets and is only suitable for sophisticated individuals and institutions. An account with MISO Market Limited permits you to trade foreign currencies and CFDs on a highly leveraged basis (leverage up to 500:1 available). In a standard account or mini account, 0.25% of the notional value of the contract is required to enter into a position. The notional value is defined as 100,000 of the base currency. The funds in an account trading at maximum leverage can be completely lost if the position(s) held in the account has 0.25% swing in value. Theoretically, an account could lose more than the equity it contains, if the account is trading at maximum leverage and positions held in the account swing more than one percent in value. Given the possibility of losing one's entire investment, speculation in the off-exchange retail foreign currency and CFD market should only be conducted with risk capital funds that if lost will not significantly affect one's personal or institution's financial well beings.

Market Opinions – MISO Market Limited

Any opinions expressed by representatives of MISO Market Limited as to the future direction of prices of specific currencies or CFDs are purely opinions, do not necessarily represent the opinion of MISO Market Limited, and are not guaranteed in any way. In no event shall MISO Market Limited have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided verbally or via the Internet, or any delays, inaccuracies, errors in, or omissions of information.

Internet Trading Risks

In addition, there are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since MISO Market Limited does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet.

Leverage Disclaimer

The leveraged nature of FX and CFD trading means that any market movement will have an equally proportional effect on your deposited funds. 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 be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible for any resulting losses.