Prohibited Client Activities

• (f) Trading in any material for which a special permit is required to trade in the territory of the European Union and carrying out any other commercial activity for which a special permit is required to trade in the territory of the European Union;
• (g) Participation in public procurement or business activities related to public procurement;
• (h) Participation in business activities linked to politically exposed persons or state bodies;
• (i) Other activities that are contrary to any valid and effective law.
• (j) Failure to comply with business terms, laws and regulations and other legal acts, including, but not limited to, anti-money laundering and anti-terrorist financing laws;
• (k) Violation of the Provider's and third parties' rights to trademarks, copyrights, trade secrets and other intellectual property rights;
• (l) Making or receiving transfers of illegally obtained funds where the Client is or should be aware of this;

• Using the Provider's services in a way that causes losses, liability or other negative legal or financial consequences or damages the business reputation of the Provider or third parties;
• Use of the Provider's services from countries that are not acceptable to the Provider;
• Spreading computer viruses and performing other activities that could cause malfunctions of the Online Provider's system, damage or destruction of information and other damage to the Online Provider's system, equipment or information; performing other intentional activities that could interfere with the provision of Provider‘s services to the Client or third parties or the proper functioning of the Online Provider's system;
• Organizing illegal gambling, illegal trading in stocks, indices, raw materials, currencies (e.g. Forex), options, exchange-traded funds (ETFs); providing trading, investment or other services on currency exchanges, forex markets and other electronic currency trading systems; engaging in illegal trading in tobacco products, alcohol, prescription drugs, steroids, weapons, narcotics and their paraphernalia, pornographic products, unlicensed lotteries, illegal software and other items or products prohibited by law;
• Without the Provider's prior written consent, provide financial services and/or legally organize trading in stocks, indices, commodities, currencies (e.g. Forex), options, exchange-traded funds (ETFs), provide trading, investment or other services on currency exchanges, forex markets and other electronic currency trading systems. In the event that the Client intends to provide financial services through the Account, the Client must have the written and signed consent of the Provider allowing the Client to use the Account for such purpose and must have a valid license issued by a member state of the European Union or a third country that has established equivalent or substantially similar requirements and is inspected by the competent authorities for compliance with such requirements;
• Without the Provider's prior written consent, conduct legal gambling, lotteries, other specially licensed activities or activities requiring a permit. In the event that the Client intends to provide such services through the Account, the Client must have the Provider's written and signed consent allowing the Client to use the Account for such purpose and must have a valid license issued by a Member State of the European Union or a third country that has established equivalent or substantially similar requirements and is monitored by the competent authorities for compliance with such requirements;
• Have more than one account; register an account in a fictitious or foreign name without a power of attorney; register an account using anonymous telephone numbers or email addresses provided by others or websites;
• The provision of services that are prohibited by law or contrary to public order and moral principles;
• Logging into the system as an anonymous user (e.g. via proxy servers);
• Disclose Passwords and other personalized security features of the Payment Instruments to third parties and allow other persons to use the Services under the Client's name;
• Using the e-mail address of another natural or legal person or acting on behalf of another natural or legal person; misleading the Provider by using the identity or e-mail address of another natural or legal person in e-mail communication with the Provider.

If the Client uses the Provider's services for the activities referred to in paragraph 1 of this Article, the Provider may impose a contractual penalty of EUR 50,000 on the Client. The contractual penalty imposed shall become due and payable at the moment when the Provider becomes aware that the Client uses the Provider's services for the activities referred to in paragraph 1 of this Article and shall be automatically debited to the Client from the CPA through which the activity referred to in paragraph 1 of this Article took place. The Provider may apply the penalty simultaneously to multiple CPAs.

• If the Client uses the Provider's services for the activities referred to in paragraph 1 of this Article, the Provider shall have the right to withdraw from the Contract immediately.
• In the event that the Provider reasonably suspects that the Client has committed a violation of the law by any of the prohibited activities listed in Article 12, paragraph 12.1 of the Terms and Conditions, the Provider shall refer the matter to the competent authorities.
• In addition to the penalty referred to in Article 12, paragraph 12.2, the Client shall also be obliged to pay all direct damages, including fines and other monetary penalties imposed by the Provider due to non-compliance with or breach of the Contract, including but not limited to Article 12, paragraph 12.1 of the Terms and Conditions due to the Client's fault.
• The Client shall be liable and agrees to pay for all damages incurred by the Provider, other clients of the Provider and third parties as a result of the use of the Provider's services and breach of this Contract or its Appendices by the Client.