TERMS AND CONDITIONS

This website (hereinafter: the “website www.coin-banks.com “) is owned and operated by Skyline Pro (the “Company”), These terms of use govern your (the “Client“) use of the Website; by using the website, you accept these terms of use in full. If you disagree with these terms of use or any part of these terms of use, you must not use the Website.

 

You must be at least 18 (eighteen) years of age or older to use our website. By using our website and by agreeing to these terms of use, you warrant and represent that you are at least 18 (eighteen) years of age or if your local jurisdiction’s statutes dictate a higher minimum age to trade financial instruments then you warrant that you meet the mandated legal local minimum age.

 

BY USING AND ACCESSING OUR WEB SITE AND SERVICES, YOU AGREE AND ACCEPT, WITHOUT LIMITATION, ALL OF THESE TERMS AND CONDITIONS.

 

1.

The Company reserves the right at any time, to amend, alter, modify or change, as it sees fit, any

term of these terms without any prior notice, and the Client hereby agrees to conform to the latest

version as published in this Web Site. The Client hereby agrees that the Company reserves the sole

right at any time, and in the Company’s sole discretion, to choose the type of Crypto Currency and

assets on which will be to traded on the Site, the way they will be calculated and shall also have the

right to change them at any time.

 

2.

Any words and/or expressions herein using the masculine or feminine gender shall refer to both the

male and female genders, and words and expressions using persons, shall include also refer to

businesses or incorporated bodies.

 

3.

This policy applies to all information collected to or submitted on Website. You may be able to

execute financial transactions, make requests, submit data, register to receive materials, etc. Types

of personal information that may be collected on Website include user’s name, home address, e-mail

address, telephone number, bank account, credit card number, etc., whether pertaining to yourself,

or to third parties, where you act on behalf of any such party. Information from various sources may

be combined by Website. You may update part of your personal information from time to time by

accessing your Site account and act per the “updating your information” instructions therein. You

hereby confirm that you aware to the fact that due to legal requirements some of your information

detailed cannot be changed.

 

  1. The Client has full power and authority to execute each transaction and any other documentation

relating thereto, and to perform the Client’s obligations there under and have taken all necessary

actions to authorize such execution, delivery, and performance of such transaction.

  1. Any such execution, delivery and performance will not violate or conflict with any law applicable to

the Client, any provision of any constitutional documents or any charge, trust deed, contract or other

instrument or any contractual restrictions applicable to, binding on or affecting the Client or any of

the Client’s assets or oblige the Client to create any lien, security interest or encumbrance.

  1. All information provided by the Client is true and accurate in all respects.
  2. The Client’s obligations under these Terms and Conditions constitute the Client ‘s legal, valid and

binding obligations, enforceable in accordance with their respective terms.

  1. The Client will comply with all laws, rules, regulations and disclosure requirements of any relevant

authority, exchange, market, or regulatory authority which apply in respect of the Company, the

Client, or the Client’s investments from time to time.

  1. The Client will promptly give (or procure to be given) to the Company such information and

assistance as the Company may reasonably require to enable the Company to assist or achieve

compliance with any of the obligations mentioned in relation to the Client’s Account or the Web Site.

  1. The Client has the capacity to evaluate and understand the terms, condition, and risks of each

transaction (whether recommended by the Company) entered hereunder and the Client is willing and

able to accept those terms and conditions and to assume (financially and otherwise) those risks.

  1. The Client is acting as principal in any transactions on the Web Site and each transaction there

under.

  1. If the Client is in default of any of these Terms and Conditions the Client will give the Company

notice as soon as the Client becomes aware of such occurrence.

 

4.

All intellectual property, including but not limited to, content, information, patents, trademarks,

copyrights, modules, techniques, know-how, algorithms, methods of doing business, user interfaces

(UIs), graphic design, look and feel, and software; and all developments, derivatives, and

improvements thereto, whether registered or not (the “IP” or “Intellectual Property”), are owned in

their entirety by the Company and/or by third parties who has granted the Company license to use

such IP. All rights reserved.

 

5.

The Client is hereby given a limited non-exclusive right to use the IP included in this site for the

Client’s personal, non-commercial, non-transferable, limited use, with regards to the services offered

on this Web Site only. Unless expressly stated herein Company grants no other IP right or license to

the Client. The Client hereby undertakes not to duplicate or transfer any of the Client’s rights without

prior written consent of the Company, nor to change, edit or remove any material from the Site.

Without derogating from the previously mentioned, Client is authorized to print only one copy printout

from the site for the Client’s personal use.

 

6.

The Company may include in the site information, data, links, promotional offers, or any other

content in any form, including financial content of third parties. Such content is provided AS-IS for

the Client’s convenience and as an extra service. The Company is not, directly, or indirectly, implying

any approval, association, sponsorship, endorsement, or affiliation with the advertising materials

and/or linked or linking websites. The Company has not reviewed these advertising materials or

websites and is not responsible for the contents, accuracy, policies, their quality, fitness accuracy

and/or other characteristics with respect thereto. In no case, Company shall be responsible for, or

shall it deem to give any representation and/or warrant about such content.

 

7.

Access to, and use of, certain portions of the Website may be obtained using a user name and

password chosen following a registration process (hereinafter: “Account“). The Client must keep its

user name and password strictly confidential and undertake to notify the Company of any suspected

misuse of the Client’s Account or personal information. Client further agrees that the Company will

have no obligations with regards thereto. The Client may not assign its Account nor allow its use to

any third Parties.

 

8.

The Client shall bear the sole and exclusive responsibility for all the activity that occurs on its

Account. The Client hereby exempt the Company from any damages and/or losses that it may incur

in connection therewith and undertake to immediately indemnify the Company for any damages and/

or losses that may incur in connection therewith.

 

9.

Any content, comments or any other form of information that mentions the Company or uses the

company’s logo by the Client added to the internet or any other form of media or publication must not

divulge any proprietary information owned by the Company, be illegal or unlawful, must not infringe

any third party’s legal rights, and must not can give rise to legal action whether against the Client or

the Company or any third party (in each case under any applicable law). Client’s content (and its

publication on the Website) must not:

  1. be libelous or maliciously false;
  2. be obscene or indecent;
  3. infringe any copyright, moral right, database right, trade mark right, design right, right in passing

off, or other intellectual property right;

  1. infringe any right of confidence, right of privacy, or right under data protection legislation;
  2. constitute negligent advice or contain any negligent statement;
  3. constitute an incitement to commit a crime;
  4. be in contempt of any court, or in breach of any court order;
  5. be in breach of racial or religious hatred or discrimination legislation;
  6. be blasphemous;
  7. be in breach of official secrets legislation which includes release of any of the Company’s

proprietary information;

  1. be in breach of any contractual obligation owed to any person;
  2. depict violence [in an explicit, graphic, or gratuitous manner];
  3. be pornographic [or sexually explicit];
  4. be untrue, false;
  5. constitute spam;
  6. be offensive, deceptive, threatening, abusive, harassing, or menacing, hateful, discriminatory, or

inflammatory;

  1. May not promote market and/or advertise any websites, products, goods and/or commodities.
  2. Must be appropriate, civil+ and tasteful and accord with generally accepted standards of etiquette

and behavior on the internet.

 

10.

The Company reserves the right to edit or remove any material submitted to the Website, or stored

on its servers, or hosted or published upon the Website.

 

11. Claims, Complaints, and Dispute Resolution
11.1. All possible disputes arising between the parties to this Agreement shall be settled through correspondence and negotiations.
11.2. Appeals by the Client are considered official if they are directed to the Company at the email address support@coin-banks.com Appeals will not be deemed in writing if they are produced and sent via online communication programs such as Skype or other similar software.
11.3. Client requests should include the following information for consideration:
− Account number;
− Full name;
− Email address;
− Date and time when the dispute occurred/arose;
− A detailed description of the Client’s claim.
*Full KYC & verification
– Proof of Identity (Local ID, Passport or license)
– Proof of Residence (Utility bill)
– Copy of credit card used to transfer the funds to company (Back and front)
– Declaration of deposit fully signed including all transactions made to company.
11.4. The Company may refuse to consider the Client’s claim if it does not meet the requirements listed in Sections 11.2 − 11.3, as well as the following conditions:
− If the claim received by the Company includes language of an obscene nature and/or insults directed to the Company (including its employees);
− If the received claim contains threats to the Company (including its employees);
− If the Client expresses the threat of denigrating the business image of the Company by any means possible.
11.5. The Company is obliged to consider an appeal within … business days (after the Client provides the sufficient and necessary information associated with the appeal/claim to address the issue in full).
11.6. In the event of disputes arising concerning the Client’s trading transactions and account, review protocol for the Client’s trading transactions will be based on the Company’s own data.
11.7. If the Client violates any of the above points, the Company has the right to refuse the provision of further services.

 

12.

Clients are only permitted to open trades on any specific contract per the trading rules published on

the trading platform. Also, closing a contract before expiry of the contract may be allowed but only

once per contract. In the case, whereby a trader violates this rule, either intentionally or

unintentionally, The Company reserves the complete and full right to cancel the trade and return the

contract premium. At the Company’s own discretion, The Company may act against any trader who

has knowingly exploited technical issues and ban them permanently from the Company’s Web Site.

 

13.

Clients are not allowed to have more than one funded Account without express written permission

from the Company. Clients who have multiple Accounts registered under the same name may have

one or all the Accounts closed, subject to management decision. Furthermore, Clients with multiple

Accounts in which multiple investments are made with varying names and/or sources may have all

the Accounts closed, and investments returned per management decision. It is most advisable to

open only one Account, and to invest using the Client’s own funds.

 

14.

The Company, at its sole discretion, may decide (but not be obliged to do so) to offer leverage,

promotional offers, or any other kind of benefits to the Client, to set its conditions, and/or change

them without prior notice to the Client. The Company shall not be subject to reason its decision not

to be forced to do the same in future transactions of the Client.

 

15.

Based on the type of Account that the Client chooses there will be minimum time commitment that

the Account needs to be traded before principal withdrawal is permitted:

There is no fee relating to withdrawal by credit card, but any withdrawal by wire transfer will be charged with the amount of $25.Once a withdrawal application has been submitted (“Application”), it will be processed up to 5 business days and if approved, then up to 7 additional business days before Your funds will be cleared to  Your personal account. A Customer who wishes to close his account and withdraw the total amount of funds on his account balance in excess of 1,000 (Euros, US Dollars, GB Pounds) will receive the withdrawal in instalments on a monthly basis.Any withdrawal is limited to one withdrawal at the beginning of each month subject to the type of the account You will be provided with according to Your choice (“Package”):- Customers who

  1. Managed Bitcoin Futures Trading Account.

B.Customers who choose HF SemiAutoTrade Program: no withdrawals for up to three (3) months

C.Customers who choose PAMM Account Trading Program: no withdrawals for up to six (6) months due to the fact that this account is conducted in with other traders.

  1. Fully Managed Bitcoin Account – 1 year minimum of active trading with portions of profit

withdrawal allowed after 4 months. The percentage of profit withdrawal allowed will be dependent on

the class of Account.

16.

Commissions & Fees:

  1. Management Fee – 3.25% per 6 months (Fee assessed at the beginning of the current 6-month

period and to each deposit made during the current period. If the Client closes the account during a

6-month period where no fee has been assessed, then the full fee will be assessed prior to account

closure)

  1. Quarterly Trading Commission – 1.50% of trade volume for the quarter
  2. Commission on buying or selling BTC – 1.5%

 

17.

INACTIVITY FEES: This is an investment and trading platform. The only reason that the Company

accepts Client money is for Investing in Crypto Currency and trading. Accounts sitting with no trading

activity incur costs to the Company.

  1. From the second consecutive month that there is no activity on the Account there will be a 5% fee

assessed to the Account. The currency of the fee will be the same currency that was deposited by

the Client and selected in the Client Account.

  1. Once an Account has had no activity for 12 consecutive months or more, the Account will be

closed by the Company and the remaining funds will be forfeited. The Company may cease or limit

any or all trade activities on the Site with no prior notice. Client hereby waives all claims or rights of

indemnification for any allegedly damages caused by such rescission, whether for executed

transactions or for transactions supposed to be executed.

  1. If a Client wants to withdraw funds after the first month of inactivity in addition to any inactivity

fees that may have been already been assessed there will be a 25% of deposited capital service fee

assessed.

  1. Once an inactivity fee is assessed it is non-refundable.

 

18.

The Client hereby accepts that there is no way to cancel any order or transaction once it has been

executed.

 

19.

Special offers Benefits and Leverage Bonuses

  1. Leverage and benefits shall be credited to the Client’s Account subject to compliance with the

terms of the offer made to the Client, e.g. making minimum deposits, and/or purchasing a minimum

amount of options within a specified time.

  1. Unless otherwise stated in the terms of the offer, a precondition for making withdrawals after

using the Leverage/benefit is to ensure that the leveraged funds remain untouched. If the stated

balance drops below the leveraged funds, the Company has the right to proceed on a margin call of

their leveraged funds.

  1. The Company urges its Clients to take part in the offers, but to refrain from abusing them. Abusing

any of the offers could lead to cancellation of the bonus/benefit and closure of the Client’s Account

on the Company’s the Company’s Web Site.

  1. The leverage/benefits must be used within the period defined in the details of the special offer.

Should the Leverage/benefit fail to be used within this period, the leverage/benefit will be withdrawn

from the Client’s Account.

  1. Once receiving the leverage/benefits, the Client has 4 (four) calendar months to complete the

total amount of investments (volume) required as a precondition for withdrawal. If the required total

amount of investments is not reached during this time, the Company may withdraw the leverage/

benefits funds from the Client’s Account per its discretion.

  1. To earn the full value of the leverage and can withdraw any funds in the Client’s Account, the

Client is required to complete the full trading requirements necessary to have received the leverage/

benefits.

  1. Once trading has commenced after the leverage has been added to the Account it will not be

removed prior to a margin call, unless special written consent from the Company.

  1. The Company reserves the right to revoke the leverage/benefit should the special offer be abused

and/or should the offer’s terms fail to be met. The Company’s decision – should this be the case –

shall be final. The Company reserves the right to revoke or change the offers at any time without

prior notice.

 

20.

Please Note that the Crypto Currency prices are the prices by which COIN-BANKS is willing/or able

to buy or sell the Crypto Currency or to use to trade the underlying security, and may not be the real

time or market prices for the underlying securities.

 

21.

The Client will pay the Company on demand all commissions and other charges due to the

Company, premiums on any Crypto Currency purchased on the Client’s instructions, such sums as

the Company may at any time require in or towards satisfaction of any debit balance on the Client’s

Account or any Account comprised therein, and the amount of any trading loss that may result from

any transaction hereunder, interest, management fees and service charges due to the Company on

the Account and the Company’s reasonable costs and legal fees incurred in collecting any such

amounts. If the Client had a debit balance to be covered by the Client, then all payments due to the

Company shall be made on same day in freely transferable bank wired funds in the currency as

stipulated by the Company.

 

22.

All cash margin, commissions, fees, and other payments due by the Client to the Company pursuant

to this Agreement shall be made in freely transferable funds in such currency and to such bank

Account(s) as the Company may from time to time specify. If the Client is by law required to make

any deduction or withholding in respect of taxes or otherwise, then the Client will be liable to pay

such amount directly to the Client’s governing Tax authority. If the Company withholds taxes for the

Client’s tax authority, then it will result in the Client receiving a net amount equal to the full amount

which would have been received less the amount of deduction or withholding that was required. Any

sums due to the Company from the Client pursuant to this Agreement (plus any applicable VAT) may

be deducted without prior notice to the Client from any Account to realize proceeds which may be

applied in the discharge of such sums. The Client will be responsible for the payment of any

commissions, transfer fees, registration fees, taxes, duties and other fiscal liabilities and all other

liabilities and costs properly payable or incurred by us under these Terms and Conditions.

 

23.

The Client declares that he understands that due to legal regulations the Company may withhold or

deduct payments of any taxes, commissions, or fees due of any kind, limit the services provided

herein, freeze Accounts pursuant to any official legal order or action, or any other action or restriction

as be required by legal authorities or other authorities as determined by relevant regulations. The

Client will indemnify and hold the Company and its employees and Representatives harmless upon

such action and will not have any right to prevent such action, as Company sees fit, to fulfill any such

legal order or action.

 

24.

Due to accepted norms and rules investment for Crypto Currency purchase or trading can only be

made by cash, from a Bitcoin (BTC) wallet or Bank Wire Transfer. As the Company, does not accept

cash to satisfy Anti Money Laundering (AML) laws the Client acknowledges that the only acceptable

methods of depositing funds are via Bank Wire or via Bitcoin (BTC). The Client hereby agrees to

conform to all AML regulations and “Know your Client” (KYC) procedures relevant to the Client’s

authority, including the supplying of official bank reference letters, utility bills and any other sort of

official identification documentation as may be required by the Company. This is a condition

precedent to use of the Web Site.

 

25.

The Client is entitled to a full withdrawal of the unused funds once minimum trading period

requirements are met that left in the Account if there is no active trading, leverage requirement or

pending asset movement. Any single withdrawal must be equal to or greater than US$ 100.00. The

Client’s withdrawal orders from the Client’s Account shall be executed by bank wire transfer to the

Client’s bank Account, subject to identification documents(KYC) to be delivered by the Client, and

solely pursuant to Company’s discretion which shall make its best efforts to execute such orders by

the way the Client has asked. Withdrawals shall be made per the site procedures and will take up to

fourteen (14) banking days or as determined by the billing services provider of the site, the longer

between the two. In the Case Client wishes to cancel a withdrawal request the Client can do so only

with respect to withdrawal request that was not completed yet and to which a withdrawal

confirmation was not sent yet and not a request already executed. In case more than one withdrawal

request sent by the Client, and afterwards the Client requests to cancel part/all the withdrawal

orders, the earlier withdrawal order will be cancelled, and so on.

 

26.

The Client acknowledges that margined crypto-currency trading is one of the riskiest forms of

investment available in the financial markets, and as such, any trading involves a risk of losing some

or all the Client’s investment. This risk warning notice cannot and does not disclose all the risks and

other significant aspects of Crypto Currency, option and derivative trading. The Client should not

speculate with or invest capital that the Client cannot afford to lose and should conduct invest only

with risk capital funds that if lost will not significantly affect the Client’s personal or institution’s

financial wellbeing. In the case that the Client loses all or part of the invested funds there is no

refund of lost funds under any circumstances and the Company will not be held responsible for any

losses due to trading by the Client or anyone else trading on behalf of the Client including any 3rd

party or any Company employee /Broker.

 

27.

The Company shall not be liable for any breach of obligation or default of any counter-party,

intermediate broker, bank, custodian, sub-custodian, market or market operator, exchange, clearing

house, depositary or other third party with whom the Client does business.

 

28.

The Client further understands that while the Internet and the World Wide Web generally are

dependable, technical problems or other conditions may delay or prevent the Client from accessing

the Company’s Web Site. The Company does not represent, warrant or guarantee that the Web Site

will provide uninterrupted and error-free service. The Company does not make any warranties or

guarantees with respect to the Web Site and its content, including without limitation, warranties for

merchantability or fitness for a purpose. The Company shall not be liable and shall bear no

responsibility for, and the Client agrees not to hold or seek to hold the Company or any of its agents

or service providers or other representatives liable for, any technical problems, system failures and

malfunctions, communication line failures, equipment or software failures or malfunctions, system

access issues, system capacity issues, high Internet traffic demand, security breaches and

unauthorized access, and other similar computer problems and defects.

 

29.

The Company shall not be liable for any loss, expense, cost, or liability of any sort (together “Loss”)

suffered or incurred by the Client unless such Loss is suffered or incurred because of the Company’s

negligence or willful default. Without derogating from the Company’s liability, to compensate for

damages incurred by Client, shall be limited to direct damages that Client can prove by a final

judgment to have incurred, up to a maximum amount equal to the funds Client deposited in his

Account with the Company about the liability inflicting event or the amounts of funds invested by the

Client during the 6 (six) months preceding to the liability inflicting event, the lesser of the two.

 

30.

In no case, shall the Company be liable for consequential or special damages (whether for loss of

profit, loss of business or otherwise) whether based on contract, tort or any other legal theory,

caused to the Client or to third parties; or loss suffered or incurred by the Client as a result of any

error in any order, instruction or information given by the Client , the Client, or as a result of the

Company acting on any order or instruction which is, or appears to be from the Client. The Client will

indemnify and hold the Company and all its related companies, employees, agents and/or officers

(“Representatives”) harmless upon any liability and/or claim, about the use of the Web Site by the

Client, including but not limited to any breach of legal requirements or of these Terms by the Client.

 

31.

The Company shall not be liable or responsible for any damage, in case of a force majeure event not

in Company’s control.

 

32.

The Company will be bound only to information and/or orders supplied by either party to the other

party in writing. The Client assumes all responsibility of verifying validity and legality of the Client’s

actions with respect to any actions taken by the Client on the Company’s Web Site.

 

33.

Company shall be allowed to close Client’s Account; cease or limit any or all trade activities on the

Web Site; transfer, pledge, or sell the balance and/or securities in the Account(s); Cancel, terminate,

and/or close any or all of the open transactions; offset any damages caused to it; or take any action

which it deems fit to cure any violation of the Client – all with no prior notice and at its sole discretion,

and Client hereby waives any and all claims or rights of indemnification for any allegedly damages

caused by as a result, in any event the Client: (I) Violates any of the obligations under these Terms

and Conditions; and/or (ii) Becomes bankrupt, insolvent or in procedure of insolvency,

reorganization, bankruptcy, or any similar procedure;

 

34.

If suspected fraudulent trading activity by the Client, system arbitrage, some other form of

exploitation has taken place, The Company reserves the right to launch an investigation. The

Company reserves the right to in cases where such actions are found to permanently ban any Client

who has committed any of the activities and possibly also report it to any relevant legal or civil

authorities. In such a case the funds in the Client’s account will be forfeited.

 

35.

COIN-BANKS and the Company’s logo are trademarks that belong to the Company. The Company

gives no permission for the use of these trademarks, and such use may constitute an infringement of

the Company’s rights. Any other registered and unregistered trademarks or service marks on the

Website are the property of their respective owners. Unless stated otherwise, the Company does not

endorse and is not affiliated with any of the holders of any such rights and as such the Company

cannot grant any license to exercise such rights.

 

36.

These Terms are for an unlimited period, but the Company shall be entitled to terminate it by a

written notice. In such case, Client shall be prohibited from opening new Accounts or executing new

transactions without prior written approval from the Company.

 

37.

The Company is fully entitled to assign, grant, transfer, or sublicense all its rights provided for herein,

wholly or in part, to any third party whatsoever. By no means shall the Client be entitled to do any of

the above in respect of Client’s rights provided for herein, whether to other Site’s Clients or to others.

 

38.

Should any provision herein be deemed void or invalid by any court of law having proper jurisdiction,

such provision shall be severed, and shall not in any way vitiate or detract from the effect and/or

validity of any or all remaining provisions herein. The Company’s acquiescence to any breach of

these Terms and/or failure to exercise any right provided for herein shall be without prejudice to The

Company’s legal rights and remedies, and shall not be held to preclude and/or debar it from

exercising or seeking any of the same.

 

39.

These Terms of Use, as well as any dispute arising there from, or in connection therewith, are

governed by and shall be construed in accordance with the laws of the United Kingdom without

regards to its choice of law principles, and any dispute between the parties hereto with respect to

these Terms and the services offered herein shall be brought exclusively to the competent court in

the United Kingdom and the parties agree not to claim that such proceedings have been brought in

an inconvenient forum or that such court does not have jurisdiction over it.

 

40.

All notices and other communications required or permitted hereunder to be given to a party to this

Agreement shall be in writing. Notices to the Client are to be given to the contact details given by the

Client during Account opening process, and which may be amended by the Client by a written notice

to the Company. All correspondence and notices that will be sent by the Client to the Company shall

be deemed delivered only upon actual receipt by the Company and subject to its written confirmation

as such. All correspondence and notices that will be sent to the Client shall be deemed delivered:

  1. At their time of delivery if sent by hand delivery
  2. Within one business day of delivery if sent to Client’s e-mail address.
  3. Within one business day of delivery if sent by facsimile.
  4. Within five business days if delivered by posted mail.

 

41.

The time presented on this site and/or concerning any activity shall be based on the GMT time zone.

 

42.

In case of any contradiction between the English form of the T&C and any translated form of the

T&C, the terms of English form will govern any translated form
43. Coin-Banks “Return and Refund Policy”
In case client wants to withdrawal his initial investment.
– Client needs to make sure his account is fully verified meaning all necessarily documents (KYC) where provided.
– Client needs to understand that only Liquid balance is withdrawal able and if client wishes to withdrawal more than available in liquid balance the client than would need to wait or cancel existing investments which create his total liquidity.

 

TEST PERIOD

Upon subscription, You will be granted a Test Period up to one (1) week in which You will be able to use the Services subject to an initial deposit of at least $US500 (“Initial Deposit”). For the purpose of this provision any deposit made during the Test Period shall be regarded as an Initial Deposit. Any cancellation of Your subscription during the Test Period, will entitle You to withdraw Your Initial Deposit only. For any avoidance of doubt, any profits incurred during the Test Period will be liquidated and You will only be refunded on Your Initial Deposit. The same rule shall apply if We decide to cancel Your account during the Test Period.