FTMO ACCOUNT AGREEMENT

This FTMO Account Agreement (the “Agreement”) governs rights and obligations in connection
with the use of services provided by FTMO Trading Global s.r.o., offered through
the www.ftmo.com website (the “Website”). Please read this Agreement carefully. You are under
no obligation to use the Services if you do not agree or understand any portion of this Agreement,
nor should you use the Services unless you understand and agree to these Terms.
This Agreement is entered into by you (“you”, “your”, or the “Customer”) and FTMO Trading Global
s.r.o., with its registered office at Purkyňova 2121/3, Nové Město, 110 00 Prague 1, the Czech
Republic, identification no.: 09418415, registered in the Commercial Register maintained
by the Municipal Court in Prague, file no. C 335283 (“we”, “our”, or the “FTMO Trading”).

(FTMO Trading and the Customer, hereinafter each referred to individually as a “Party” and
collectively as the “Parties”)
This Agreement is concluded electronically as part of the registration for the Services on the Website.
You accept the agreement by clicking, in the user interface of the website, on “I agree with the FTMO
Account Agreement”, by which this Agreement shall be concluded. During the registration, you are
obligated to truthfully fill in all information about yourself and attach a scan of your identification
document, which will allow us to verify your identity. The information must correspond to the
information provided by you during the purchase of the FTMO Challenge. Otherwise, FTMO Trading
may refuse to enter into the Agreement with you. By filling in the information about yourself, you
are confirming that all such information is true and accurate to the best of your knowledge at the
time.

1. PURPOSE OF THE AGREEMENT

1.1. The purpose of this Agreement is to set out the conditions (i) under which the Customer
shall be provided by FTMO Trading with instruments for demo trading intended
for advanced traders, including access to a trading account for demo trading
(FTMO Account); (ii) under which the Customer may perform such demo trades using
FTMO Trading instruments; and (iii) under which the Customer shall be paid financial
reward(s). The purpose of this Agreement is also to ensure the Customer’s access
to the instruments for demo trading provided under this Agreement through the user
interface on the Website (the “Client Section”), or by the provision of access
to applications provided by FTMO Trading or third parties.

2. SUBJECT-MATTER OF THE AGREEMENT

2.1. The subject matter of this Agreement is FTMO Trading’s obligation to provide the Customer
with instruments for demo foreign currency trading in the FOREX market or with other
instruments in other financial markets, access to trading accounts for demo trading
(FTMO Accounts), analytical instruments, training and educational materials, (if
applicable) other accompanying services for advanced traders, to enable the Customer to
access and use those services (the “Services”) and, subject to the terms and conditions
set out in this Agreement, FTMO Trading’s obligation to pay the Customer a certain
financial reward calculated according to the rules defined in this Agreement (the
“Reward”). Within the Services provided, FTMO Trading shall, in particular, enable the
Customer to access the electronic interface in which the Customer shall perform demo
trades under this Agreement (the “Trading Platform”).
2.2. The Customer further undertakes, when using the Services, and in particular
when performing demo trades, to act in accordance with this Agreement, any third parties’
terms and conditions, applicable legal regulations, and other rules which the Customer is
obligated to adhere to when using the Services.
2.3. FTMO Trading shall not provide Services to Customer that: (i) is of nationality or is residing
in Restricted Jurisdictions; (ii) is established or incorporated or has a registered office in
Restricted Jurisdictions; (iii) is subject to the relevant international sanctions; or (iv) has
a criminal record related to financial crime or terrorism. Restricted Jurisdictions means
countries determined as such by FTMO Trading and published on the Website here
www.ftmo.com/en/faq/who-can-join-ftmo/. The FTMO Trading reserves the right to
refuse, restrict or terminate the provision of any Services to Customer as per this Clause

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 2.3. and such Customer is prohibited to use the Services, which includes also the use of
the Client Section and/or Trading Platform.
2.4. The meaning of the definitions, expressions, and abbreviations used in this Agreement
can be found in clause 16.

3. CUSTOMER REPRESENTATIONS

3.1. The Customer represents and acknowledges that:

3.1.1. no performance provided by FTMO Trading to the Customer under this
Agreement, including all Services, may be considered as investment services
or activities within the meaning of the legal regulations governing, in particular,
investment services and capital markets; in particular, FTMO Trading does not
receive or execute in any case, whether directly or indirectly, any trading
instructions, does not trade on its own account, does not provide or conduct
investment or other advice, research, recommendations or analyses, and does
not give or forward to the Customer any trading instructions, does not receive
any assets from, or manage any assets for, the Customer, and does not provide
any related foreign exchange services;
3.1.2. no employees or other staff or representatives of FTMO Trading are authorised
to provide services within the meaning of Clause 3.1.1;
3.1.3. all trading that the Customer performs through the Services is simulated only
and that the execution of a demo trade within the Services provided shall in no
way constitute an instruction to trade in real financial markets or with real
currency;
3.1.4. the funds provided to the Customer for demo trading are not real and that the
Customer has no right to deal with them beyond the scope of their use within
the Services (in particular that they cannot be used for actual trading), that the
Customer is not entitled to withdraw or transfer them, and that FTMO Trading
does not in any circumstances receive any funds or other assets from,
or manage any funds or other assets for, the Customer within the Services;
3.1.5. performance with FTMO Trading is not indicative of trading on real financial
markets, and that past performance and demo gains are neither a guarantee
nor an indication of any further performance; and
3.1.6. if the Customer’s access to the Client Section is cancelled, irrespective of the
reason for its cancellation, the Customer shall lose access to the FTMO Account,
and thus to the Services, without being entitled to any compensation.
3.2. In case the Customer enters into this Agreement or uses the Services within its business
(entrepreneurial) activities within the meaning of applicable laws, the Customer is
obligated to notify FTMO Trading about it and provide FTMO Trading with Customer’s
business identifiers.
3.3. In performing this Agreement, the Customer shall comply with all applicable legal
regulations and obtain, and maintain the validity of, all permits, licenses, consents,
approvals or other acts issued by the competent authorities, which may apply to the
Customer’s activities under this Agreement, and fulfil all notification, tax, fee or other
obligations that may arise in connection with the performance of this Agreement, and in
particular with the Reward. The Customer is authorised to access and use the Services
only in accordance with the applicable legal regulations and is prohibited from
circumventing any technical measures that may limit the availability of the Services in
certain countries. In no event shall FTMO Trading bear any responsibility for the failure of
the Customer to fulfil any of its obligations.
3.4. Customer hereby acknowledges that the demo capital has no monetary value and it’s only
a part of the Services provided to the Customer and Customer has no actual right, title or
ownership to the demo capital, and that the FTMO Trading has all rights, interest and full
ownership to demo capital (as part of the Services). The FTMO Account and any and all
rights related to the Services that are granted by the FTMO Trading to the Customer by
virtue of this Agreement are personal to the Customer and cannot be transferred by
contract or otherwise, nor are eligible for inheritance.

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4. FTMO ACCOUNT

4.1. FTMO Trading shall provide the Customer with access to a trading account for advanced
users, which will be linked to access to the Trading Platform (the “FTMO Account”), as
part of the Services. The FTMO Account will always be activated by the performance of
the first demo trade.
4.2. Access to the FTMO Account, and thus also to the Trading Platform, is protected by login
data that FTMO Trading will display in the Client Section. In case the Customer becomes
entitled to a Reward for the Reference Period, the current login data shall expire at the
end of the relevant Reference Period. In such a case, FTMO Trading will provide the
Customer with new login data without undue delay after FTMO Trading has verified the
legitimacy of the Customer’s entitlement to the Reward. THE CUSTOMER ACKNOWLEDGES
THAT THE CUSTOMER WILL NOT BE ABLE TO PERFORM DEMO TRADES IN THE PERIOD
FROM THE EXPIRATION OF THE PREVIOUS LOGIN DATA UNTIL THE RECEIPT OF NEW
LOGIN DATA.
4.3. The Customer shall not make available or provide the login data to the FTMO Account,
the Trading Platform, or the Client Section to any third party. In case the Customer is a
legal entity, the Customer may allow its employees or other authorised staff and
representatives to access and use the Services. The Customer is responsible for the
protection of login data and the FTMO Account and for all activities that are performed
through the FTMO Account or the Trading Platform. The FTMO Trading shall not be liable,
and the Customer is not entitled to any compensation, for any misuse of the FTMO
Account, Trading Platform, or any part of the Services and for any negative consequences
thereof for the Customer, if such misuse occurs for any reasons beyond the control of
FTMO Trading.
4.4. The Customer acknowledges that the Trading Platform is provided by a third party and
that the contractual terms and conditions and the privacy policy of its provider apply to
the use of the Trading Platform. The Customer is obligated to read those terms and
conditions and privacy policy of the third party before the first access to the Trading
Platform. By using the Trading Platform, the Customer agrees to those terms and
conditions and privacy policy.
4.5. All data provided by the Customer to FTMO Trading must be complete, true, and up-to-
date. In the event of any change in the Customer’s data, the Customer must immediately
send a notification to FTMO Trading from the Customer’s registered e-mail address; the
notification must be accompanied by documents evidencing the change, if applicable. The
Customer is responsible for all the provided data being accurate and up-to-date at all
times; FTMO Trading is not obligated to verify the data.
4.6. The FTMO Account and the Services may not be available at all times, in particular
with respect to their maintenance, upgrades, technical errors, or for any other reason.
In particular, FTMO Trading shall not be liable, and the Customer is not entitled to any
compensation, for the unavailability of the FTMO Account, the Client Section, or the
Trading Platform, for any damages or loss of any data or other content that the Customer
uploads, transfers, or saves via the FTMO Account, the Client Section or the Trading
Platform, or for any FTMO Trading’s interventions or alterations in the Customer’s FTMO
Account requested by the Customer. FTMO Trading may decide at its own discretion to
compensate the Customer for the unavailability of the Services originating in technical
reasons on the part of FTMO Trading. The Customer is not entitled to any compensation,
and it is entirely at the discretion of FTMO Trading whether compensation is provided to
the Customer and in what form or amount; provided however, the limitation of liability
within the meaning of Clause 9 is not to be affected thereby.
4.7. In order to use the Services, the Customer must obtain the appropriate technical
equipment and software, including third-party software (e.g., software for the use of the
Trading Platform), at the Customer’s own risk and expense. FTMO trading does not
warrant or guarantee that the Services will be compatible with any specific equipment or
software. FTMO Trading provides no warranty as to the compatibility of the Services with
any particular device, program, or add-on.

5. DEMO TRADING

5.1. The Customer will perform demo trades through the Customer’s FTMO Account
on the selected Trading Platform. During the demo trading on the Trading Platform,
the Customer may perform any trades, subject to the conditions in Clause 5.2, and unless

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 those trades constitute forbidden trading strategies or practises within the meaning
of Clause 5.3. You also agree to follow good market standard rules and practices for
trading on financial markets (e.g., risk management rules). Restrictions may also be
imposed by the terms and conditions of the Trading Platform.
5.2. The Customer is obligated to comply with the following parameters in the course of the
demo trading under this Agreement for the applicable trading options:
5.2.1. during any Calendar day in the Reference Period, the Customer shall not, at any
time, incur a loss from the demo trades opened and closed on that day which
would exceed, in addition to the loss or profit currently open on the same day in
the FTMO Account, the percentage of the Capital for the respective option as
described below:

FTMO Account FTMO Account Aggressive FTMO Account Swing

in total 10% of the in total 5 % of the

in total 5% of the Capital
Capital Capital

5.2.2. the value of the simulated capital in the FTMO Account which the Customer uses
for the demo trading, including all positions opened in that account, may not at
any time during the Reference Period fall below the percentage of the Capital for
the respective option as described below:

FTMO Account FTMO Account Aggressive FTMO Account Swing

in total 10% of the in total 20% of the in total 10% of the

Capital Capital Capital

5.2.3. the Customer may never have any open trading positions outside the trading
hours of the particular traded financial instrument, except for a maximum of a
two-hour “roll-over break”. The parameter in this Section 5.2.3. applies for the
respective options as described below:

FTMO Account
FTMO Account FTMO Account Swing
Aggressive

YES YES NO
5.2.4. the Customer may not perform demo trades at times when specific significant
macroeconomic announcements are published that may have a significant
impact on the financial instruments with which the Customer performs demo
trades, in particular, the Customer may not open or close market positions on
the affected instrument in the period of 2 minutes before to 2 minutes after the
issuance of the reports listed in Schedule B and during extraordinary events, of
which the Customer shall be notified by e-mail. The parameter in this Section
5.2.4. applies for the respective options as described below:

FTMO Account
FTMO Account FTMO Account Swing
Aggressive

YES YES NO

5.3. FORBIDDEN TRADING PRACTICES.

5.3.1. DURING THE DEMO TRADING, IT IS PROHIBITED TO:
(a) KNOWINGLY OR UNKNOWINGLY USE TRADING STRATEGIES THAT
EXPLOIT ERRORS IN THE SERVICES SUCH AS ERRORS IN THE DISPLAY
OF PRICES OR DELAY IN THEIR UPDATES;
(b) PERFORM TRADES USING AN EXTERNAL OR SLOW DATA FEED;
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 (c) PERFORM, ALONE OR IN CONCERT WITH ANY OTHER PERSONS,
INCLUDING BETWEEN CONNECTED ACCOUNTS, OR ACCOUNTS HELD
WITH DIFFERENT FTMO ENTITIES, TRADES OR COMBINATIONS
OF TRADES THE PURPOSE OF WHICH IS TO MANIPULATE TRADING, FOR
EXAMPLE BY SIMULTANEOUSLY ENTERING INTO OPPOSITE POSITIONS;
(d) PERFORM TRADES IN CONFLICT WITH THE TERMS AND CONDITIONS OF
THE PROVIDER OF THE CLIENT SECTION AND THE TERMS AND
CONDITIONS OF THE TRADING PLATFORM;
(e) USE ANY SOFTWARE, ARTIFICIAL INTELLIGENCE, ULTRA-HIGH SPEED,
OR MASS DATA ENTRY WHICH MIGHT MANIPULATE, ABUSE, OR GIVE
YOU AN UNFAIR ADVANTAGE WHEN USING OUR SYSTEMS OR
SERVICES;
(f) PERFORM GAP TRADING BY OPENING TRADE(S):
(I) WHEN MAJOR GLOBAL NEWS, MACROECONOMIC EVENT OR
CORPORATE REPORTS OR EARNINGS (“EVENTS”), THAT MIGHT
AFFECT THE RELEVANT FINANCIAL MARKET (I.E. MARKET THAT
ALLOWS TRADING OF FINANCIAL INSTRUMENTS THAT MIGHT BE
AFFECTED BY THE EVENTS), ARE SCHEDULED; AND
(II) 2 HOURS OR LESS BEFORE A RELEVANT FINANCIAL MARKET IS
CLOSED FOR 2 HOURS OR LONGER; OR
(g) OTHERWISE PERFORM TRADES IN CONTRADICTION WITH HOW
TRADING IS ACTUALLY PERFORMED IN THE FOREX MARKET OR IN ANY
OTHER FINANCIAL MARKET, OR IN A WAY THAT ESTABLISHES
JUSTIFIED CONCERNS THAT FTMO TRADING MIGHT SUFFER FINANCIAL
OR OTHER HARM AS A RESULT OF THE CUSTOMER’S ACTIVITIES (E.G.
OVERLEVERAGING, OVEREXPOSURE, ONE-SIDED BETS, ACCOUNT
ROLLING).
5.3.2. As our Customer, you should understand and you agree that all our Services
are for Customer’s personal use only, meaning that only you personally can
access your FTMO Account and perform trades. For that reason, you should not,
and you agree not to,
(a) allow access to and trading on your FTMO Account by any third party nor
you shall engage or cooperate with any third party in order to have such
third party perform trades for you, whether such third party is a private
person or a professional;
(b) access any third party FTMO Account, trade on behalf of any third party
or perform any account management or similar services, where you
agree to trade, operate or manage the FTMO Account on behalf of another
user, all whether performed as a professional or otherwise.
Please note that if you act or behave in contradiction with the aforesaid, we will
consider such action/behaviour as a Forbidden Trading Practice under this
Section 5.3 with respective consequences as perceived under this Agreement.
5.3.3. Furthermore, you shall not exploit the Services by performing trades without
applying market standard risk management rules for trading on financial
markets, this includes, among others, the following practices (i) opening
substantially larger position sizes compared to your other trades, whether on
this or any other account of yours, or (ii) opening substantially smaller or larger
number of positions compared to your other trades, whether on this or any
other account of yours.
The FTMO Trading reserves the right to determine, at its own discretion, whether certain
trades, practices, strategies or situations are Forbidden Trading Practices.
5.4. The results of the Customer’s demo trading will always be evaluated by FTMO Trading
for a period of one month, unless the Customer makes the Pay-out Request before the
one-month period ends (the “Reference Period”). The Reference Period will always start
on the day of the first demo trade in the FTMO Account and end in one month or at the
end of the Profit Split Day (i.e. at 11:59:59 p.m. (hh:mm:ss) of Central European
(Summer) Time (CE(S)T)) set in Customer’s Pay-out Request, if the request was placed
in accordance with Section 7.4. For the purpose of calculating the “one month” Reference

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 Period the “one month period” means the end of the day of the following month (i.e. at
11:59:59 p.m. (hh:mm:ss) of Central European (Summer) Time (CE(S)T)), which
corresponds by its numerical designation to the day on which the Customer performed the
first demo trade, or, if no day corresponds by its numerical designation in that calendar
month than at the end of the first day of the following calendar month; for example, if the
first trading day is 1 January, then the Reference Period will last until 11:59:59 p.m.
(hh:mm:ss) of Central European Time (CET), on 1 February; if the first trading day is 30
or 31 January, then the Reference Period will last until 11:59:59 p.m. (hh:mm:ss) of
Central European Time (CET), on 1 March).
5.5. The value of the initial demo capital for demo trading under this Agreement (the
“Capital”), and, where applicable, the currency, risk option, and other parameters that
apply to the demo trading under this Agreement, are set out in Schedule A. The value and
currency of the Capital shall be the same as the amount and currency of the initial demo
capital that the Customer has selected for demo trading within the FTMO Challenge and
Verification services provided by FTMO Evaluation Global s.r.o. (the “Evaluation
Services”). If the Customer has successfully completed several Evaluation Services, the
Customer may request FTMO Trading to increase the Capital for the FTMO Account to an
amount equal to the total sum of the initial demo capital amounts of the successfully
completed Evaluation Services (e.g. the Customer completes FTMO Challenge and
Verification with a capital of USD 50,000 and FTMO Challenge and Verification with a
capital of USD 100,000, in which case the Customer may request an FTMO Account with a
Capital of up to USD 150,000). The maximum total amount of the Capital, individually or
in combination, shall be USD 400,000 per Customer or per each trading strategy with
FTMO Account or FTMO Account Swing (or combination with other account types as per
Clause 5.11) and USD 200,000 per Customer or per each trading strategy with FTMO
Account Aggressive within the meaning of Clause 5.11. In addition to this increase, the
Customer may request an increase in the Capital in accordance with the Scaling Plan
available here www.ftmo.com/en/scaling-plan/, subject to the terms and conditions of the
Scaling Plan and this Agreement. The final decision to allow an increase in the Capital shall
always be entirely at the discretion of FTMO Trading, which may approve or reject this
entitlement at its own discretion. FTMO Trading may condition the increase in the Capital
by the execution of a new agreement to replace this Agreement.
5.6. If the Customer becomes entitled to a Reward, the demo trading within the given trading
cycle shall be terminated, and all open positions shall be closed. The Customer is obliged
to close all trading positions by the end of the Reference Period; if the Customer fails to
close positions in time, FTMO Trading will automatically close all open positions on behalf
of the Customer. After verification of the legitimacy of the Customer’s entitlement to the
Reward, the Customer shall be allowed to start a new trading cycle, and
5.6.1. FTMO Trading will provide the Customer with new login data for the FTMO
Account;
5.6.2. all parameters of the FTMO Account will be reset to the initial values, including
the value of the Capital (i.e. in particular all profits and losses shall be
annulled), unless the Customer transfers a part of the value in respect of which
the Customer is entitled to a payment in the form of a Reward to the next
trading cycle in accordance with Clause 7.6.
5.7. If the Customer is not entitled to a Reward at the end of the Reference Period, the
Customer will continue with demo trading under the same terms, i.e.
5.7.1. the Reference Period will automatically be extended by another month;
5.7.2. all parameters of the FTMO Account, including the current amount of the Capital
with which the Customer performs demo trades, will remain unaffected;
5.8. If the Customer engages in any of the Forbidden Trading Practices described in Clause
5.3, the Customer will lose the right to a Reward for the given Reference Period and, in
addition, (i) FTMO Trading may remove those demo trades that violate the prohibition
from the Customer’s trading history and/or (ii) not count their results in the profits and/or
losses achieved by the demo trading, (iii) and/or to immediately cancel the Customer’s
FTMO Account and subsequently terminate this Agreement, and/or (iv) reduce the offered
leverage on products to 1:5 on any or all Customer’s accounts. In case when some or all
Forbidden Trading Practices are executed on one or more FTMO Accounts of one Customer,
or FTMO Accounts of various Customers, or by combining trading on FTMO Account and
trading through Evaluation Services (i.e.. FTMO Challenge and Verification), then the
FTMO Trading is entitled to cancel all FTMO Accounts, and terminate respective

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 agreements, used for or involved in the Forbidden Trading Practices and/or apply other
measures in this Clause 5.8. FTMO Trading may exercise any and all actions in this Clause
5.8 at its own discretion.
5.9. If any Evaluation Services’ user accounts were used for or were anyhow involved in the
Forbidden Trading Practices, this may and will constitute a breach of respective terms and
conditions for Evaluations Services with a third-party provider and may result in
cancellation of all such user accounts and termination of respective agreements by the
third-party provider.
5.10. FTMO Trading bears no responsibility for any information displayed on the Trading Platform
or for any interruptions, delays or inaccuracies in the market or statistical data displayed
through the Trading Platform or the instruments accessible within the Services provided.
5.11. The Customer shall not, alone or in concert with others, including between connected
accounts, or accounts held with different FTMO entities, perform the same trading
strategy, i.e., perform the same trades at the same time, on multiple FTMO Accounts while
performing demo trading with us, unless the total sum of Capital on all such FTMO
Accounts is less than USD 400,000 for FTMO Account or FTMO Account Swing and USD
200,000 per Customer or per each trading strategy for FTMO Account Aggressive. In case
different types of accounts are combined (i.e. at least one FTMO Account or FTMO Account
Swing and at least one FTMO Account Aggressive) then specific rules apply: (i) for any
combination of FTMO Account or FTMO Account Swing and FTMO Account Aggressive the
maximum total amount of the Capital shall be USD 400,000 per Customer or per each
trading strategy; and (ii) for the purpose of the calculation of the maximum limit as per
point (i), the amount of the Capital on any such FTMO Account Aggressive shall be counted
twice, i.e. shall be doubled (as example: total Capital for the combination of an FTMO
Account with the Capital of USD 100,000 and FTMO Account Aggressive with the Capital
of USD 100,000 (this amount is counted twice) amounts to USD 300,000 in total). In case
the FTMO Trading has a reasonable concern that the Customer has not complied with this
Clause 5.11, the FTMO Trading may, at its own discretion and without prior notice (i)
permanently decrease the maximum amount of the Capital on each affected FTMO Account
proportionally, in a manner that the total demo capital on all affected FTMO Accounts shall
together amount to a maximum amount of the Capital as provided in Clause 5.5 and/or
(ii) cancel the concerned FTMO Accounts and/or (iii) immediately terminate this
Agreement.

6. PROCESSING DEMO TRADES DATA

6.1. The Customer acknowledges that FTMO Trading has access to information about the demo
trades that the Customer performs through the Trading Platform. The Customer grants
FTMO Trading a consent to share this information with persons/entities that are members
of the same group as FTMO Trading or are otherwise related to it and grant the FTMO
Trading and those persons consent and authorisation to freely use this information,
including, but not limited to, trade all or some of the demo trades in real financial markets
or use them in any other manner. The Customer agrees that such activities may be
performed automatically, without any further consent, consultation, or approval by the
Customer being necessary, without the entitlement to any reward or yield associated with
the use of such data by FTMO Trading or persons/entities that are members of the same
group as FTMO Trading or are otherwise related to it, and without the Customer’s
entitlement to information about any specific handling of this information.
6.2. The Customer acknowledges that the amount of the Reward or its payment does not in
any case depend on whether or in what manner FTMO Trading or the persons that are
members of the same group as FTMO Trading use the information about demo trades. The
Customer further acknowledges that using the Services under this Agreement is
conditional upon granting the consent under this Clause 6. The Customer may however
interrupt or terminate the use of the Services at any time; this will however not affect the
processing and use of any data obtained earlier.

7. REWARD

7.1. The Customer’s entitlement to the Reward and its amount will depend exclusively
on the results of the Customer’s demo trading and fulfilment of the parameters set by
FTMO Trading for its payment. The Customer acknowledges that the entitlement or the
amount of the Reward does not in any way depend on developments in the real financial
markets or on the value that the demo trades would have in the real financial markets.

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7.2. The Customer will only become entitled to the Reward if the Customer meets all the
conditions for demo trading set out in this Agreement, in particular if the Customer meets
all the parameters set out in Clause 5.2 in the Reference Period, at the end
of the Reference Period, the difference between the value of the remaining balance of the
demo capital in the Customer’s FTMO Account (in which no positions are opened) and the
value of the Capital is positive (the “Profit”), and if, the invoice is duly issued. If the
Customer does not achieve a Profit at the end of the Reference Period, the Customer will
not be entitled to any Reward for the given Reference Period. For the purposes of
determining the Customer’s entitlement to the Reward, only the Customer’s results
achieved within the Customer’s demo trades in the FTMO Account will be taken into
account.
7.3. The amount of the Reward is 80% of the Profit. In case a Roll-over Reward is included in
the Profit, whether in full or in part, the Reward shall be calculated as follows: (100% of
the part of the Profit that equals amount of the Roll-over Reward) + (80% of the Profit
less the amount of the Roll-over Reward). The amount of the Reward determined as stated
above is final and includes all taxes, whether direct or indirect, including VAT (Value Added
Tax), GST (Goods and Services Tax), or similar taxes, levies and fees, which may apply
to it under the relevant legal regulations. The Customer is solely responsible and liable for
the payment of any and all taxes, whether direct or indirect, including VAT (Value Added
Tax), GST (Goods and Services Tax), or similar taxes, levies or fees that apply to the
Customer in relation to this Agreement under the applicable laws and acknowledges and
agrees that FTMO Trading shall not be liable for any such obligations of the Customer. The
currency of the Reward and the payment of the Reward to the Customer will be the same
as the currency of the Capital of the Customer’s FTMO Account. The following clauses are
included only to provide examples of calculation of the Reward:
7.3.1. For example, the following situation may arise under this Agreement:
If the Customer’s Capital corresponds to a demo amount of USD 100,000
and the Customer begins trading on 5 May 2020 and, after a month, i.e. on 5
June 2020, the Customer has a demo amount of USD 200,000 in the FTMO
Account, the Customer shall become entitled to a Reward of USD 80,000
(i.e. 80% of USD 100,000 [USD 200,000 minus USD 100,000] equals USD
80,000).
7.3.2. However, also the following situation may arise under this Agreement:
If the Customer’s Capital corresponds to a demo amount of USD 100,000
and the Customer begins trading on 5 May 2020 and, after a month, i.e. on
5 June 2020, the Customer has a demo amount of USD 92,000 in the FTMO
Account, the Customer’s entitlement to the Reward will correspond to USD 0
(80% of the negative value of [USD 92,000 minus USD 100,000] equals USD 0
for the purpose of calculating the Reward).
7.3.3. Furthermore, also the following situation may arise, if Roll-over Reward is
utilized by the Customer: If the Customer’s Capital corresponds to a demo
amount of USD 100,000, the Customer utilized the Roll-over Reward of USD
10,000, and the Customer begins trading on 5 May 2020 and, after a month,
i.e. on 5 June 2020, the Customer has a demo amount of USD 200,000 in the
FTMO Account, the Customer shall become entitled to a Reward of USD 82,000
(i.e. 100% of USD 10,000 plus [80% of USD 90,000 (USD 200,000 minus USD
100,000 minus USD 10,000) is USD 72,000] equals to USD 82,000).
The amount of the Reward may be increased in accordance with the terms of the Scaling
Plan, if applicable, in which case this provision shall apply accordingly.
7.4. Pay-out. The payment of the Reward is automatic upon the end of the Reference Period,
if conditions are met (including if the Pay-out Request by the Customer is made). The
Customer may place its Pay-out Request and set the Profit Split Day via technical means
in the Client Section during the Reference Period. The Pay-out Request can be made on
the last day of the one-month Reference Period at the latest, otherwise the Reference
Period ends. The Profit Split Day can be set in the following time range: (i) at the earliest
after fourteen Calendar days from the start of trading, i.e.. on the 15th day of the Reference
Period and (ii) at the latest on the 60th day of the Reference Period. Once the Pay-out
Request is placed, the Customer is allowed to make up to two changes to the Profit Split
Day. The last day, when changes to the Profit Split Day are allowed is the day before the
Profit Split Day.
7.5. If the Customer generates a Profit in the Reference Period, FTMO Trading will verify
the legitimacy of the Customer’s entitlement to the Reward, calculate it and communicate
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 the result to the Customer via Client Section. Based on this communication, the Customer
shall state on the prescribed form to be provided by FTMO Trading what part of the Reward
the Customer wishes to be paid, how the Customer wishes the Reward to be paid, and
other mandatory information, and shall upload the form via the Client Section.
7.6. If the Customer states that the Customer wishes to only be paid a part of the Reward,
only the Reward in the amount specified in the form will be paid out. The unpaid portion
of the Reward will remain available at the given amount to the Customer in the form
of demo capital and will be added to the Capital for further demo trading in the next
Reference Period (the “Roll-over Reward”). The Customer cannot change this option
after submitting the form. However, the Customer hereby acknowledges that the Roll-over
Reward remains part of the demo capital and, therefore, it will only be used for further
demo trading in accordance with this Agreement and is subject to all conditions of demo
trading set forth herein. For the purpose of calculating parameters of maximum loss as
per Clauses 5.2.1 and 5.2.2, the Roll-over Reward shall be omitted (i.e.. loss as per
Clauses 5.2.1 and 5.2.2 shall be calculated based on the amount of the Capital without
considering the amount of the Roll-over Reward). For the avoidance of doubt, the Parties
understand and agree that any unpaid portion of the Reward has no monetary value and
only represents demo capital at all times.
7.7. The Reward will be paid to the Customer on the basis of a tax document – invoice. The
data on the invoice shall always correspond to the information provided by the Customer
in the form specified in Clause 7.5; otherwise, FTMO Trading is not obligated to pay the
Reward. The Customer is always responsible for the correctness of the invoice and its
compliance with the relevant legal regulations, irrespective of the method of its issuance.
The invoice will be issued by FTMO Trading on behalf of the Customer (self-billing
mechanism) on the basis of authorisation by the Customer or directly by the Customer, if
the authorisation is revoked, as further detailed in Clause 7.7.1 and 7.7.2.
7.7.1. Self-billing. The Customer hereby authorises FTMO Trading to repeatedly issue
electronic invoices for the payment of the Reward on behalf of the Customer
until such authorisation is revoked. The Customer may be requested to confirm
this authorisation in the Client Section. The Customer shall comply with the
following:
(a) The Customer must communicate to FTMO Trading, no later than
upon the first submission of the form specified in Clause 7.5, all data
necessary for the issuance of an invoice in the form that will meet
all the requisites set out by the relevant legal regulations, and in the
event of any change in these data or requisites, promptly notify FTMO
Trading thereof; the notification must be accompanied by documents
evidencing the change, if applicable;
(b) If the Customer fails to fulfil the obligations as per the previous
paragraph, the Customer may not use the procedure for issuing invoices
under this Clause 7.7.1; if the Customer fulfils the obligation under the
previous sentence, the invoice will always be issued by FTMO Trading on
behalf of the Customer, unless the Customer revokes the authorisation
by e-mail or via Client Section. A revocation made during a Reference
Period is effective from the start of the following Reference Period. Any
invoice issued directly by the Customer and send to FTMO Trading while
the authorisation to issue invoices on behalf of the Customer by FTMO
Trading is effective will be disregarded by FTMO Trading.
(c) Invoices will be issued automatically no later than 7 Calendar days
from the date on which FTMO Trading receives the form under Clause 7.5
from the Customer. The invoices will be due in 14 days.
(d) If an invoice does not contain the requisites set out by the relevant legal
regulations, the Customer may notify FTMO Trading thereof within 10
Calendar days from the date of receipt of the invoice, stating the specific
deficiencies and quantification of the applicable taxes and fees, and
request a corrected invoice. After that period, FTMO Trading is not
obligated to correct invoices. FTMO Trading will send a corrected invoice
to the Customer within 10 Calendar days from the date of receipt of a
relevant timely notification from the Customer. In such a case, the
maturity period of the invoice will be interrupted, and a new maturity
period will begin upon the issuance of a corrected invoice. The Customer

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 is responsible for the content of the invoice so issued and must check the
accuracy of the data immediately upon receipt of the issued invoice.
7.7.2. In case the Customer revokes the authorisation for FTMO Trading to issue
invoices under Clause 7.7.1 by e-mail or via Client Section, the Customer shall
issue the invoice itself. In such case, the Customer shall upload the invoice in
an electronic form via the Client Area or send it to FTMO Trading to the following
e-mail address: [email protected]. The maturity period of any invoice issued
by the Customer must be at least 14 days from its delivery to FTMO Trading. If
an invoice issued by the Customer does not contain the requisites of a tax
document under the relevant legal regulations, FTMO Trading may return it to
the Customer to correct the errors and complete the data within 10 Calendar
days from the date on which FTMO received the invoice. In such a case, the
maturity period of the invoice will be interrupted, and a new maturity period
shall begin upon the delivery of the corrected faultless invoice to FTMO Trading.
7.8. FTMO Trading will pay the Reward(s) in the manner specified by the Customer in the form
under Clause 7.5 by wireless transfer to the Customer’s account, which the Customer shall
state in the form under Clause 7.5, or by any other payment method accepted by FTMO
Trading. All fees and costs of effecting the payment charged to the Customer (e.g.,
charged by a payment provider) are borne by the Customer.

8. USE OF THE SERVICES AND OTHER CONTENT

8.1. All Services, including the FTMO Account, their appearance and all applications, data,
information, multimedia elements such as texts, drawings, graphics, design, icons,
images, audio and video samples and other content that may form the Services (including
the FTMO Account), including any such content located on social networks of FTMO Trading
or persons/entities that are members of the same group as FTMO Trading (the
“Content”), are subject to legal protection under the legal regulations concerning
copyright protection and other legal regulations, and are the property of FTMO Trading or
FTMO Trading’s licensors. FTMO Trading grants the Customer a limited, non-exclusive,
non-transferable, non-assignable, non-passable, and revocable permission to use the
Content for the purpose of using the Services for the Customer’s personal use
and in accordance with the purpose for which the Services are provided. The Content is
not sold or otherwise transferred to the Customer and remains the property of FTMO
Trading or its licensors.
8.2. All trademarks, logos, trade names, and other designations are the property of FTMO
Trading or FTMO Trading’s licensors and FTMO Trading does not grant the Customer any
right to use them, unless explicitly permitted in a written form.
8.3. Both the Customer and FTMO Trading undertake to act in accordance with the principles
of fair dealing in the performance of the Agreement and in mutual interactions and,
in particular, not to damage the good reputation and legitimate interests of the other
party. The Customer and FTMO Trading shall resolve any possible disagreements or
disputes between them in accordance with this Agreement and the applicable legal
regulations.
8.4. FTMO Trading, its affiliates, or licensors, own and retain all rights, title and interest to the
Services, Trading Platform or any software provided hereunder or any part thereof,
including all intellectual property rights thereto. Except for the rights expressly set out in
this Agreement, FTMO Trading does not grant the Customer any other rights relating to
the Services and other Content. The Customer may only use the Services and other
Content as set out in this Agreement.
8.5. When accessing the Services and other Content, it is prohibited to:
8.5.1. use any instruments that may adversely affect the operation of the Website
and Services or that would be intended to misuse any errors, bugs, or other
deficiencies of the Website and Services;
8.5.2. circumvent geographical restrictions of availability or any other technical
restrictions;
8.5.3. make copies or back-ups of the Website and other Content;
8.5.4. reverse-engineer, decompile, disassemble, or otherwise modify the Website
and other Content;

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 8.5.5. sell, rent, lend, license, distribute, reproduce, spread, stream, broadcast, or
use the Services or other Content otherwise than as permitted;
8.5.6. use automated means to view, display, or collect information available through
the Website or Services; and
8.5.7. use any other instruments or means the use of which could cause any harm
to FTMO Trading.
8.6. If the Customer finds out that the Services or any other Content contain errors, bugs, or
other deficiencies, the Customer shall notify FTMO Trading thereof without undue delay in
writing.
8.7. If the Customer violates any restriction or prohibition under Clause 8, the Customer is
obligated to indemnify FTMO Trading or companies that are members of the same group
as FTMO Trading, or their customers, employees, members of governing bodies,
shareholders, business partners, licensors of these persons or any cooperating persons
(the “Indemnified Persons”), for, and hold them harmless from, any claims of third
parties against the Indemnified Persons to the extent of any claims made or lawsuits filed
by a third party on the basis of which the third party alleges that the rights of that third
party have been violated or that the applicable law is violated in connection with the
Customer’s conduct, and the Customer shall pay all damages, including lost profits, costs
of legal proceedings, and legal representation and other financial or non-financial claims
arising from the claims or lawsuits of that third party.

9. LIMITATION OF LIABILITY

9.1. THE CUSTOMER ACKNOWLEDGES THAT THE SERVICES AND OTHER CONTENT ARE
PROVIDED “AS IS” WITH ALL THEIR ERRORS, DEFECTS, AND SHORTCOMINGS,
AND THAT THEIR USE IS AT THE CUSTOMER’S SOLE RESPONSIBILITY AND RISK. TO THE
MAXIMUM EXTENT PERMITTED BY THE MANDATORY LEGAL REGULATIONS, FTMO
TRADING DISCLAIMS ANY STATUTORY, CONTRACTUAL, EXPRESS AND IMPLIED
WARRANTIES OF ANY KIND, INCLUDING ANY WARRANTY OF QUALITY,
MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT OF
ANY RIGHTS.
9.2. TO THE EXTENT PERMITTED BY THE MANDATORY PROVISIONS OF THE APPLICABLE LEGAL
REGULATIONS, FTMO TRADING IS NOT RESPONSIBLE FOR ANY HARM, INCLUDING
ANY INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGE,
INCLUDING LOST PROFIT, LOSS OF DATA, PERSONAL OR OTHER NON-MONETARY HARM
OR PROPERTY DAMAGE CAUSED AS A RESULT OF USE OF THE SERVICES OR RELIANCE
ON ANY INSTRUMENT, FUNCTIONALITY, INFORMATION, OR ANY OTHER CONTENT
AVAILABLE IN CONNECTION WITH THE USE OF THE SERVICES OR ELSEWHERE ON THE
WEBSITE. FTMO TRADING IS NOT RESPONSIBLE FOR ANY PRODUCTS, SERVICES,
APPLICATIONS OR OTHER CONTENT OF THIRD PARTIES THAT THE CUSTOMER USES IN
CONNECTION WITH THE SERVICES. IN CASE THE FTMO TRADING’S RESPONSIBILITY IS
INFERRED BY A COURT OF JUSTICE OR ANY OTHER COMPETENT AUTHORITY IN
CONNECTION WITH THE OPERATION OF THE WEBSITE OR PROVISION OF THE SERVICES,
THIS RESPONSIBILITY SHALL BE LIMITED TO A MAXIMUM AMOUNT OF USD 10,000.
9.3. FTMO Trading reserves the right to modify, change, replace, add, or remove any elements
and functions of the Services at any time without any compensation.
9.4. FTMO Trading is not responsible for its failure to provide the Services if that failure occurs
due to serious technical or operational reasons beyond FTMO’s control, in the case of any
crisis or imminent crisis, natural disaster, war, insurrection, pandemic, a threat to a large
number of people, or any other force majeure event, and/or if FTMO Trading is prevented
from providing the Services as a result of any obligations imposed by a legal regulation or
a decision of a public authority.
9.5. Should any information or statement of any employee or other staff or representatives of
FTMO Trading be interpreted as investment advice or recommendation, FTMO Trading is
not responsible for such information or statement.
9.6. FTMO Trading bears no responsibility for trading or other investment activities performed
by the Customer outside the relationship with FTMO Trading, for example by using data
or other information from the FTMO Account, Trading Platform or otherwise related to the
Services in real trading in financial markets, not even if the Customer uses for such trading
the same Trading Platform that the Customer has selected for demo trading.

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10. CONFIDENTIALITY

10.1. The Customer is obligated to maintain confidentiality regarding the terms and conditions
of this Agreement, the existence of this Agreement, the manner in which the Services are
provided, the content of communication with FTMO Trading, all information that may
constitute trade secrets, including know-how, and any information made available to the
Customer by FTMO Trading which is designated as confidential or which is to be considered
as confidential by reason of the nature of the information and the circumstances in which
it was disclosed (the “Confidential Information”).
10.2. The obligation to protect the Confidential Information under Clause 10 shall not apply to
cases where (i) the information is publicly available or known at the time of its use or
disclosure, unless its public availability or knowledge was due to a breach of a legal or
contractual obligation; or (ii) the obligation to disclose the Confidential Information is
required by law or any other legal regulation or based on a final decision of a court,
arbitration body or administrative body.
10.3. The Customer undertakes to comply with the obligations under this Clause 10 without any
time limit also after the termination of the Agreement.

11. COMMUNICATION

11.1. All communication made by FTMO Trading or its partners in connection with the
performance of this Agreement will take place via the registered e-mail address of the
Customer, which the Customer must notify to FTMO Trading.
11.2. All communication from the Customer in connection with the performance of this
Agreement must take place via the following contact e-mail address of FTMO Trading:
[email protected], or shall be sent in writing to the following contact address: Purkyňova
2121/3, Prague, 11000, Czech Republic.
11.3. Written communication also includes written electronic communication by e-mail.

12. DURATION AND AMENDMENTS OF THE AGREEMENT

12.1. This Agreement is concluded for an indefinite period of time. This Agreement, however,
terminates automatically, when the Customer fails to comply with one or more parameters
as provided in Clause 5.2 or one of the Parties terminates this Agreement in accordance
with this Clause 12.
12.2. Either Party may terminate this Agreement without specifying any reason by serving a
written notice in accordance with Clause 11 on the other Party, with effect from the date
of delivery of the notice. In such a case, the FTMO Account will be cancelled immediately,
and all trades will be closed.
12.3. Upon termination of the Agreement, the Customer may become entitled to a Reward
for the current Reference Period or part thereof. In such a case, the Reference Period will
end on the day of cancellation of the FTMO Account, on which all trades shall also be
closed. Clause 7 of this Agreement shall respectively apply to the calculation of the
Reward. In the events listed in Clause 12.4 and 12.5, the provisions of this Clause 12.3
shall not apply and the Customer will not be entitled to the Reward.
12.4. The Customer is not entitled to the Reward or a proportional part thereof, if the Agreement
is terminated hereunder due to a failure to comply with Clause 5.2.1., except for when
such failure occurs for the first time on any of Customer’s FTMO Accounts with FTMO
Trading (i.e., for the purpose of the entitlement to the Reward, allowance of one failure is
granted per Customer not per FTMO Account).
12.5. Furthermore, the Customer is not entitled to the Reward or a proportional part thereof in
cases where FTMO Trading terminates this Agreement for any of the following reasons:
12.5.1. any representation of the Customer given in Clause 3.1 proves to be untrue;
12.5.2. the Customer grossly violates any provision of this Agreement.
In particular, a repeated breach of any provision of the Agreement (i.e. more
than three times) shall be considered a gross breach of the Agreement. The
following (even if only one-off) violations shall also be considered gross
violations: if the Customer accesses the Services in violation of Clause 3.3, if
the Customer provides incomplete, untrue or outdated information in violation

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 of Clause 4.5, if the Customer engages in any of the Forbidden Trading
Practices described in Clause 5.3, if the Customer engages in any of the
activities listed in Clause 8.5, if the Customer acts in violation of Clause 8.3,
and/or if the Customer violates the confidentiality obligation under Clause 10.
12.6. Given that the provision of the Services requires active access of the Customer to the
Client Section, this Agreement shall also be terminated at the moment when the Customer
loses access to the Client Section, which is provided by a third party, irrespective of the
reason for such loss. In such a case, Clause 12.3 shall apply regarding the entitlement to
the Reward.
12.7. Upon termination of this Agreement, the Customer shall return to FTMO Trading all
documents, instruments, electronic, or other storage media, or any other means lent to
the Customer by FTMO Trading and containing information about the activities of FTMO.
The Customer may not make any copies of the means mentioned in the previous sentence.
12.8. If, as a result of a change in legislation or the practice of the relevant supervisory
authorities, or as a result of a change in legal interpretation, a need arises to regulate the
legal relationship established by this Agreement differently from a material or formal point
of view, the Customer and FTMO Trading undertake to conclude an amendment to this
Agreement or to replace this Agreement with a new agreement to meet any such need(s).
If no such agreement is reached or the situation according to the previous sentence does
not allow it or a decision of the relevant supervisory authority orders the termination of
this Agreement, FTMO Trading may withdraw from this Agreement with immediate effect.
In such a case, the Customer shall have no claims against FTMO due to the termination of
the Agreement.

13. CHOICE OF LAW AND JURISDICTION

13.1. Any legal relations established by this Agreement or related to it, as well as any related
non-contractual legal relations, shall be governed by the laws of the Czech Republic
without regard for its conflict of laws provisions. Any dispute that may arise in connection
with this Agreement and/or any related agreements shall fall within the jurisdiction of the
Czech court having local jurisdiction according to the registered office of FTMO Trading.

14. CONSUMER INFORMATION

14.1. Nothing in this Agreement is intended to deprive the Customer who concludes this
Agreement or uses the Services as a consumer of the protection afforded by the
mandatory laws of a Member State of the European Union or any other jurisdiction. The
provisions of this Clause 14 apply only to Customers who conclude this Agreement or use
the Services as consumers.
14.2. If the Services are not provided or do not correspond to what has been agreed, the
Customer may file a complaint by sending an email to [email protected]. FTMO Trading
will resolve the complaint as soon as possible, no later than within 30 Calendar days, and
will confirm its receipt and settlement to the Customer in writing.
14.3. Clauses 14.3 and 14.4 apply only to a consumer who is at the same time an EU resident.
The Customer has the right to withdraw from the Agreement without giving a reason within
14 days of its conclusion by sending a notice to [email protected]. The Customer can
use the sample form available here www.ftmo.com/en/withdrawal-form/. FTMO Trading
will confirm the receipt of the form to the Customer in text form without undue delay. If
the Customer starts performing demo trades before the expiry of the specified time limit,
the Customer expressly asks FTMO Trading to provide the services before the expiry of
the period for withdrawal, as a result of which the Customer loses its rights to withdraw
from the Agreement.
14.4. The Czech Trade Inspection Authority (Česká obchodní inspekce), with its registered office
at Štěpánská 567/15, 120 00 Prague 2, identification no.: 000 20 869, website:
https://www.coi.cz/en/information-about-adr/, is responsible for the out-of-court
settlement of consumer disputes. You can also use the platform at the following website
to resolve disputes online: www.ec.europa.eu/consumers/odr.

15. FINAL PROVISIONS

15.1. FTMO Trading undertakes to process personal data in accordance with the Privacy Policy
available here www.ftmo.com/en/privacy-policy/. If the Customer is a legal entity, the
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 Customer is obligated to acquaint with those documents the individuals to whom the
Customer allows the use of the FTMO Account and/or the Trading Platform under the
conditions set out in this Agreement.
15.2. Nothing in this Agreement is intended to limit any legal claims set out elsewhere in this
Agreement or arising from the applicable legal regulations. If FTMO Trading or any third
party authorised thereto does not enforce the compliance with this Agreement, this shall
in no way be construed as a waiver of any right or claim.
15.3. FTMO Trading may assign any claim arising to it under this Agreement or any agreement
to a third party without the Customer’s consent. The Customer agrees that FTMO Trading
may, as the assignor, transfer its rights and obligations under this Agreement or any
agreement (or any parts thereof) to a third party. The Customer may not transfer or assign
the Customer’s rights and obligations under this Agreement or any other agreement (or
any parts thereof) or any receivables arising therefrom, in whole or in part, to any third
party.
15.4. If any provision of the Agreement is found to be invalid or ineffective, it shall be replaced
by a provision whose meaning is as close as possible to the invalid provision. The invalidity
or ineffectiveness of one provision shall not affect the validity of the other provisions. No
past or future practice established between the Parties and no custom maintained in
general or in the industry relating to the subject-matter of the performance which is not
expressly referred to in the Agreement shall be applied and no rights and obligations shall
be derived from them for the Parties, and, in addition, they shall not be taken into account
in the interpretation of manifestations of the will of the Parties.
15.5. This Agreement constitutes the entire agreement on the subject matter of this Agreement
concluded between FTMO Trading and the Customer and supersedes all prior agreements
relating to the subject matter of the Agreement, whether verbal or written.
15.6. Prior to the mutual acceptance of this Agreement, the Parties have carefully assessed
the possible risks arising from it and accept those risks. The Customer assumes the risk
of a change of circumstances.
15.7. References to clauses and schedules used in this Agreement are references to clauses
and schedules of this Agreement. The schedules to the Agreement form integral parts
of the Agreement. In the event of any conflict between the wording of the body
of the Agreement and any of its schedules, the body of the Agreement shall prevail.
This Agreement has the following schedules:
― Schedule A – Demo Trading Parameters
― Schedule B – List of Reports

16. DEFINITIONS, EXPRESSIONS AND ABBREVIATIONS USED

16.1. For the purposes of the Agreement, the following definitions shall have the following
meanings:
16.1.1. „Agreement“ means this FTMO Account Agreement (as set out in the
introductory provisions);
16.1.2. “Calendar day” means every full 24 hours calendar day, including weekends
and public holiday, of the current time in the Czech Republic (Central European
(Summer) Time (“CE(S)T”));
16.1.3. „Capital“ means the value of the initial demo capital for demo trading under
Agreement (as set out in Clause 5.5);
16.1.4. „Client Section“ means the user interface on the Website (as set out in Clause
1.1)
16.1.5. „Confidential Information“ means the terms and conditions of this
Agreement, this Agreement, information on the manner in which the Services
are provided, the content of communication with FTMO Trading, all information
that may constitute trade secrets, including know-how, and any information
made available to the Customer by FTMO Trading which is designated as
confidential or which is to be considered as confidential by reason of the nature
of the information and the circumstances in which it was disclosed (as set out
in Clause 10.1);

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16.1.6. „Content“ means all Services, including the FTMO Account, their appearance
and all applications, data, information, multimedia elements such as texts,
drawings, graphics, design, icons, images, audio and video samples and other
content that may form the Services (including the FTMO Account), including
any such content located on social networks of FTMO Trading
or persons/entities that are members of the same group as FTMO Trading (as
set out in Clause 8.1);
16.1.7. „Customer“ or „you“, „yours“ means a natural person or an entity that enters
into the Agreement with FTMO Trading (as set out in the introductory
provisions);
16.1.8. „Evaluation Services“ means FTMO Challenge and Verification services
provided by FTMO Evaluation Global s.r.o. (as set out in Clause 5.5);
16.1.9. “Events” means events as set out in clause 5.3.1(f)(I);
16.1.10. „FTMO Account“ trading account for advanced users, which will be linked to
access to the Trading Platform (as set out in Clause 4.1);
16.1.11. „FTMO Trading“ or “we”, “our” means company FTMO Trading Global s.r.o.,
with its registered office at Purkyňova 2121/3, Nové Město, 110 00 Prague 1,
Czech Republic, identification no.: 094 18 415, registered in the Commercial
Register maintained by the Municipal Court in Prague, file no. C 335283 (as set
out in the introductory provisions);
16.1.12. “Forbidden Trading Practices” means trading practices and strategies use of
which is strictly prohibited, while using our Services, and as more detailed in
Section 5.3;
16.1.13. „Indemnified Persons“ means companies that are members of the same
group as FTMO Trading, or their customers, employees, members of governing
bodies, shareholders, business partners, licensors of these persons or any
cooperating persons (as set out in Clause 8.7);
16.1.14. „Party“ means FTMO Trading or the Customer individually and „Parties“
means FTMO Trading and the Customer collectively (as set out in the
introductory provisions);
16.1.15. “Pay-out Request” means a request for payout of the Reward and setting a
Profit Split Day by the Customer through the Client Section as detailed in
Section 7.4;
16.1.16. „Profit“ means the positive difference between the value of the remaining
balance of the Capital in the Customer’s FTMO Account (in which no positions
are opened) and the value of the Capital (as set out in Clause 7.2);
16.1.17. “Profit Split Day” means a last day of trading (and of the Reference Period)
set by the Customer in the Pay-out Request;
16.1.18. „Reference Period“ means a period during which the results of the Customer’s
demo trading will be evaluated by FTMO Trading (as set out in Clause 5.4);
16.1.19. „Reward“ means a certain financial reward calculated according to the rules
defined in this Agreement (as set out in Clause 2.1);
16.1.20. „Roll-over Reward“ means the unpaid portion of the Reward that will remain
available at the given amount to the Customer in the form of demo capital and
will be added to the Capital for further demo trading in the next Reference
Period (as set out in Clause 7.6);
16.1.21. “Scaling Plan” means an exclusive trading option available to traders upon
fulfilment of terms and conditions for Scaling Plan available here
www.ftmo.com/en/scaling-plan/;
16.1.22. „Services“ means the provision of instruments for demo foreign currency
trading in the FOREX market or with other instruments in other financial
markets, access to trading accounts for demo trading (FTMO Accounts),
analytical instruments, training and educational materials, (if applicable) other
accompanying services for advanced traders (as set out in Clause 2.1);
16.1.23. „Trading Platform“ means the electronic interface in which the Customer shall
perform demo trades (as set out in Clause 2.1);

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 16.1.24. „Website“ means the www.ftmo.com website (as set out in the introductory
provisions).
16.2. For the purposes of the Agreement, the following expressions and abbreviations shall have
the following meanings:
16.2.1. “CZK” means the Czech crown;
16.2.2. “EUR” means the euro;
16.2.3. “USD” means the United States dollar;
16.2.4. “GBP” means the British pound;
16.2.5. “CAD” means the Canadian dollar;
16.2.6. “AUD” means the Australian dollar;
16.2.7. “NZD” means the New Zealand dollar; and
16.2.8. “CHF” means the Swiss franc.

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 SCHEDULE A
DEMO TRADING PARAMETERS

- FTMO Account with an initial capital of EUR 10,000 (or the corresponding equivalent: USD 10,000,
GBP 10,000, CHF 10,000, CAD 15,000 or AUD 15,000)

- FTMO Account Aggressive with an initial capital of EUR 10,000 (or the corresponding equivalent:
USD 10,000, GBP 10,000, CHF 10,000, CAD 15,000 or AUD 15,000)

- FTMO Account Swing with an initial capital of EUR 10,000 (or the corresponding equivalent: USD
10,000, GBP 10,000, CHF 10,000, CAD 15,000 or AUD 15,000)

- FTMO Account with an initial capital of EUR 20,000 (or the corresponding equivalent: USD 25,000,
GBP 20,000, CHF 20,000, CAD 30,000 or AUD 30,000)

- FTMO Account Aggressive with an initial capital of EUR 20,000 (or the corresponding equivalent:
USD 25,000, GBP 20,000, CHF 20,000, CAD 30,000 or AUD 30,000)

- FTMO Account Swing with an initial capital of EUR 20,000 (or the corresponding equivalent: USD
25,000, GBP 20,000, CHF 20,000, CAD 30,000 or AUD 30,000)

- FTMO Account with an initial capital of EUR 40,000 (or the corresponding equivalent: USD 50,000,
GBP 35,000, CHF 40,000, CAD 60,000 or AUD 65,000)

- FTMO Account Aggressive with an initial capital of EUR 40,000 (or the corresponding equivalent:
USD 50,000, GBP 35,000, CHF 40,000, CAD 60,000 or AUD 65,000)

FTMO Account Swing with an initial capital of EUR 40,000 (or the corresponding equivalent: USD
50,000, GBP 35,000, CHF 40,000, CAD 60,000 or AUD 65,000)

- FTMO Account with an initial capital of EUR 80,000 (or the corresponding equivalent: USD 100,000,
GBP 70,000, CHF 80,000, CAD 120,000 or AUD 130,000)

- FTMO Account Aggressive with an initial capital of EUR 80,000 (or the corresponding equivalent:
USD 100,000, GBP 70,000, CHF 80,000, CAD 120,000 or AUD 130,000)

- FTMO Account Swing with an initial capital of EUR 80,000 (or the corresponding equivalent: USD
100,000, GBP 70,000, CHF 80,000, CAD 120,000 or AUD 130,000)

- FTMO Account with an initial capital of EUR 160,000 (or the corresponding equivalent: USD
200,000, GBP 140,000, CHF 160,000, CAD 240,000 or AUD 260,000)

- FTMO Account Swing with an initial capital of EUR 160,000 (or the corresponding equivalent: USD
200,000, GBP 140,000, CHF 160,000, CAD 240,000 or AUD 260,000)

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 SCHEDULE B

LIST OF REPORTS

18/18