Client Agreement

CLIENT AGREEMENT
Zion Global, registered number 21185844 ("Company"), whose registered office is located at 48 Warwick Street, London, W1B 5AW, provides the Trader's Room and the trading platform operations service under the terms of this public proposal ("Agreement") to any individual (except for stateless persons; individuals under 18 years of age and citizens of countries in which the service is not offered by the Company) ("Client").
Date of the latest update: 05.02.2020.

1. INTRODUCTION
1.1. This Agreement should be read carefully by the Client. The Agreement is an e-document and doesn't require signing. The terms of this Agreement shall be considered accepted unconditionally by the Client upon the Company's receipt of an advance payment made by the Client in accordance with this Agreement.
1.2. The Agreement may be translated into all the official languages of the Company's website. Such translation will only be intended to provide information. In case of any differences between the English version of the Agreement and its translation, the English version will have priority.
1.3. As soon as the Company receives the Client's advance payment, every operation made by the Client in the Trader's Room or on the trading platform shall be subject to the terms of the Agreement.
1.4. The Client and the Company enter into every operation in the Trader's Room or on the trading platform as principals, and the Company does not act as an agent on the Client's behalf unless otherwise agreed. The Client shall be directly and fully responsible for fulfilling all of their obligations regarding their operations in the Trader's Room or on the trading platform. If the Client acts on behalf of someone else, regardless of whether that individual is identified or not, the Company shall not view that individual as a client and shall not bear any responsibility to them unless otherwise specifically agreed.
1.5. The terms used in this Agreement are defined in Clause 2 ("Terms and Interpretation").

2. TERMS AND INTERPRETATION
In this Agreement:
"Balance" shall mean the total financial result of all completed transactions and deposit/withdrawal operations on the trading account.
"Credit/Debit Card" shall mean a thin plastic card that contains identification information, with the help of which the cardholder can pay for purchases and services, as well as withdraw cash from the account.
"Website" shall mean Company's website at https://build-capital.org/
"Credit/Debit Cardholder" shall mean the person whose information the card contains (first name, last name, signature) and who is authorized to maintain the card account.
"Client's External Account" shall mean the bank and/or electronic account of the Client or the Client's Authorized Person.
"Margin" shall mean cash security to support open positions.
"Request" shall mean the Client's order to the Company to obtain a quote. Such a request shall not constitute an obligation to make a transaction.
"Fund Deposit" shall mean the deposit of funds transferred by the Client or the Client's Authorized Person and credited to the Company Account for transfer to the Client's Account.
"Withdrawal Request" shall mean an instruction given via the Client's Trader's Room on the Company website to withdraw funds from the trading account and transfer them to the Client's External Account or the Account of the Client's Authorized Person, as specified in the instruction.
"Identification Information" shall mean, for an individual, the passport/ID information specified while the Client Registration.
"Client Account" shall mean any account opened by the Client at the Company including Transitory Accounts, trading accounts, partner accounts, Manager's accounts, Investor's accounts, and other account types.
"Client Terminal" shall mean the program or third-party application which is connected with the Server. It is used by the Client to obtain information on financial markets (the extent is determined by the Company) in real-time, to perform technical analysis, make transactions, place/modify/delete orders, as well as to receive notices from the Company.
"Quote" shall mean the information on the current rate for a specific instrument, shown in the form of the Bid and Ask price.
"Rate" shall mean the value of the base currency in the terms of the quote currency.
"Trader's Room" shall mean the Client's personal page on the Company's website, accessed after entering the unique login and password. It is a secure storage area designed for the Client's identification, accounts maintenance, records of operations, and support.
"Inactive Trading Account" shall mean a Client's trading account which has not had an open position, pending order, or non-trading operation in a 3-month period.
"Non-Trading Operation" shall mean any operation involving the deposit of funds, withdrawal from a Client's Account, or the provision (return) of Credit.
"Trader's Room Number" shall mean the unique number assigned to each Client upon acceptance of this Agreement.
"Open Positions" shall mean aggregate risk disclosure, arising from buy or sell of financial instruments in accordance with Client instructions pending for subsequent counter-transaction to close/settle such market trades/disclosures.
"Written Notification" shall mean an electronic document (including faxes, emails, internal mail on the client terminal, etc.) or an announcement on the Company's website.
"Processing Center" shall mean a legal entity or its department that supports the informational and technological interaction between payment participants.
"Business Day" shall mean a working day from Monday till Friday.
"Free Margin" shall mean free equity in transaction account, which can be used to open a new position.
"Server" shall mean all programs and technology used to make and carry out the Client's instructions, as well as presenting trading information in real time (the information is specified by the Company), with consideration of the mutual obligations of the Client and Company in correspondence with this Agreement.
"Trader's Room Service" shall mean the service providing a Client with a personal account on the Company's website, designed for the Client's identification, maintenance of accounts, records of operations, and support.
"Screenshot" shall mean a digital image taken by the Client or the Client's Authorized Person using the operating system or software in order to show what is displayed on the computer screen.
"Withdrawal" shall mean the withdrawal of funds from the Client's Account and their remittance to the Client or the Client's Authorized Person's bank details, as indicated by the Client in the "Withdrawal Request".
"Company Account" shall mean the bank or/and electronic Account of the Company, and the Company Account in the Processing Center.
"Trading Platform" shall mean all programs and technology that present quotes in real-time, allow the placement/modification/deletion of orders, and calculation of all mutual obligations of the Client and the Company.
"Trading Account" shall mean the unique personified register of all completed transactions, open positions, orders, and non-trading operations on the trading platform.
"Client's Authorized Person" shall mean: an individual over 18 years of age, citizen and/or tax resident of any country, except for those countries in which the Company does not offer the given service, authorized to perform or receive non-cash (bank and/or electronic) transfers on behalf of the Client, for the purpose of crediting funds to the Client's Account or withdrawing funds from the Client's Account.
"Force Majeure" shall mean lack of conformity of the terms and conditions of the Company and the terms and conditions of the counterparty, current market situation, possibilities of software or hardware of the Company, or other situations which cannot be foreseen.
"Electronic Payment System" shall mean a payment system operating with electronic money (payment service provider).

3. SERVICE
3.1. Subject to the Client fulfilling the obligations under this Agreement, the Company shall provide the Client with the ability to make transactions allowed by the capabilities of the Trader's Room.
3.2. The Company shall carry out execution of transactions of the Client. The Company is entitled to execute transactions requested by the Client even if the transaction is not beneficial for the Client. The Company is under no obligation, unless otherwise agreed in this Agreement, to monitor or advise the Client on the status of any transaction, to make margin calls, or to close out any of the Client's open positions. Unless otherwise specifically agreed, the Company is not obligated to make an attempt to execute the Client's order using quotes more favorable than those offered through the trading platform.

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