1. Introduction

1.1. This risk disclosure and warning notice is provided to you (our Client and prospective Client) in compliance to the Investment Services and Activities and Regulated Markets Law of 2017 L.87(I)/2017, as this may be amended from time to time ("the Law"), which is applicable to K2M Pro Direct Investment Hub Ltd ("the Company").

1.2. All Clients and prospective Clients should read carefully the following risk disclosure and warnings contained in this document, before applying to the Company for a trading account and before accepting investment services and begin to trade with the Company. However, it is noted that this document cannot and does not disclose or explain all of the risks and other significant aspects involved in dealing in Financial Instruments. The notice was designed to explain in general terms the nature of the risks involved when dealing in Financial Instruments on a fair and non-misleading basis.

1.3. The company's products and services are intended for the client target market described in the Table below

Product	Astm	Unit
Contracts for Difference (CFDs)	Portfolio Management Reception and transmission of orders in relation to one or more financial instruments	Retail and professional clients and eligible counterparties with an understanding of capital markets and derivatives and experience in CFDs or other types of derivative trading. Clients who feel comfortable trading in complex financial instruments, have high risk tolerance and the financial ability to lose their invested capital in its entirety. Clients should be interested in speculative trading, have a short-term investment horizon and no interest in acquiring the underlying asset.

1.4. The Company executes Client orders in relation to the following Financial Instruments: Financial contracts for differences. ("CFDs") in stocks, commodities, indices and currency pairs (FX) CFDs may also be referred as "Financial Instruments" in this Notice.

2. Charges and Taxes

2.1. The Provision of Services by the Company to the Client is subject to fees, available on the Company's website at www.K2M Pro.com. Before the Client begins to trade or accept any services from the Company, he should obtain details of all fees, commissions, charges for which the Client will be liable. It is the Client's responsibility to check for any changes in the charges.

2.2. If any charges are not expressed in monetary terms (but, for example, as a percentage of contract value), the Client should ensure that he understands what such charges are likely to amount to.

2.3. The Company may change its charges at any time, according to the provisions of the Client Agreement found on the Company's website.

2.4. There is a risk that the Client's trades in any Financial Instrument may be or become subject to tax and/or any other duty for example because of changes in legislation or his personal circumstances. The Company does not warrant that no tax and/or any other stamp duty will be payable. The Company does not offer tax advice and recommends that the Client seek advice from a competent tax professional if the Client has any questions.

2.5. The Client is responsible for any taxes and/or any other duty which may accrue in respect of his trades.

2.6. It is noted that taxes are subject to change without notice.

2.7. If required by applicable Law, the Company shall deduct at source from any payments due to the Client such amounts as are required by the tax authorities to be deducted in accordance with applicable Law.

2.8. It is possible that other costs, including taxes, relating to Transactions carried out on the Trading Platform may arise for which the Client is liable and which are neither paid via us nor imposed by the Company. Although it is the Client's sole and entire responsibility to account for tax due and without derogating from this, the Client agrees that the Company may deduct tax, as may be required by the applicable law, with respect to his trading activity on the Trading Platform. The Client is aware that the Company has a right of set-off against any amounts in the Client's Trading Account with respect to such tax deductions.

2.9. It is noted that the Company's prices in relation to CFDs trading are set/quoted in accordance to the Company's Best Interest and Order Execution Policy which is available on the Company's website at www.K2M Pro.com It is noted that Company's prices may be different from prices reported elsewhere. The prices displayed on the Company's Trading Platform reflects the last known available price at the moment prior to placing any Order, however, the actual execution price of the Order may differ, in accordance with the Company's Best Interest and Order Execution Policy and Client Agreement. As such, the price that the Client receives when he opens or closes a position may not directly correspond to real time market levels at the point in time at which the sale of the CFD occurs or reflect the prices of third party brokers/providers.

3. Third Party Risks

A Bank or Broker through whom the Company deals with could have interests contrary to the Client's Interests.

4. Insolvency

4.1. The Company's insolvency or default or the insolvency or default of any parties involved in Transactions undertaken by the Company on the Client's behalf (including without limitation brokers, execution venues and liquidity providers), may lead to positions being liquidated or closed out without the Client's consent and as a result the Client may suffer losses. In the unlikely event of the Company's insolvency, segregated client funds cannot be used for reimbursement to the Company's creditors. If the Company is unable to satisfy repayment claims, eligible claimants have the right to compensation by the Investor Compensation Fund as stated below.

5. Investor Compensation Fund

5.1. The Company participates in the Investor Compensation Fund for clients of Investment Firms regulated in the Republic of Cyprus. Claims of the covered Clients against the Company may be compensated by the Investor Compensation Fund where the Company is unable, due to its financial circumstances. Compensation shall not exceed twenty thousand Euro (EUR 20.000) for each entitled Client. For more details please refer to the "Investor Compensation Fund" found on our website at www.K2M Pro.com

6. Technical Risks

6.1. The Client and not the Company shall be responsible for the risks of financial losses caused by failure, malfunction, interruption, disconnection or malicious actions of information, communication, electricity, electronic or other systems, which are not the result of gross negligence or willful default of the Company.

6.2. If the Client undertakes transactions on an electronic system, he will be exposed to risks associated with the system including the failure of hardware, software, servers, communication lines and internet failure. The result of any such failure may be that his order is either not executed according to his instructions or it is not executed at all. The Company does not accept any liability in the case of such a failure, not owed to the Company's gross negligence or willful default. The Company strives on a best effort basis to provide the Client with a secure and smooth online experience. However the Client acknowledges the risk that should third parties (hackers) launch a coordinated attack against Company systems that there may be a disruption of services that may result in Client losses. The Company does not accept any liability resulting from such attacks to the extent that the Company has taken all reasonable measures on a best effort basis to fend off such malicious actions.

6.3. The Client acknowledges that the unencrypted information transmitted by e-mail is not protected from any unauthorised access.

6.4. At times of excessive deal flow the Client may have some difficulties to be connected over the phone or the Company's Platform(s)/system(s), especially in fast Market (for example, when key macroeconomic indicators are released).

6.5. The Client acknowledges that the internet may be subject to events which may affect his access to the Company's Website and/or the Company's trading Platform(s)/system(s), including but not limited to interruptions or transmission blackouts, software and hardware failure, internet disconnection, public electricity network failures or hacker attacks. The Company is not responsible for any damages or losses resulting from such events which are beyond its control or for any other losses, costs, liabilities, or expenses (including, without limitation, loss of profit) which may result from the Client's inability to access the Company's Website and/or Trading System or delay or failure in sending orders or Transactions, not owed to the Company's gross negligence or willful default.

6.6. In connection with the use of computer equipment and data and voice communication networks, the Client bears the following risks amongst other risks in which cases the Company has no liability of any resulting loss:

(a) Power cut of the equipment on the side of the Client or the provider, or communication operator (including voice communication) that serves the Client;

(b) Physical damage (or destruction) of the communication channels used to link the Client and provider (communication operator), provider, and the trading or information server of the Client;

(c )Outage (unacceptably low quality) of communication via the channels used by the Client, or the Company or the channels used by the provider, or communication operator (including voice communication) that are used by the Client or the Company;

(d) Wrong or inconsistent with requirements settings of the Client Terminal;

(e) Untimely update of the Client Terminal;

(f) The use of communication channels, hardware and software, generate the risk of non-reception of a message (including text messages) by the Client from the Company;

(g) Malfunction or non-operability of the Platform, which also includes the Client Terminal.

6.7. The Client may suffer financial losses caused by the materialisation of the above risks, the Company accepting no responsibility or liability in the case of such a risk materializing and the Client shall be responsible for all related losses he may suffer, to the extent that these are not owed to the Company's gross negligence or willful default.

7. Trading Platform

7.1. The Client is warned that when trading in an electronic platform he assumes risk of financial loss which may be a consequence of amongst other things:

(a) Failure of Client's devices, software and poor quality of connection.

(b) The Company's or Client's hardware or software failure, malfunction or misuse.

(c ) Improper work of Client's equipment.

(d) Wrong setting of Client's Terminal.

(e) Delayed updates of Client's Terminal.

7.2. The Client acknowledges that only one Instruction is allowed to be in the queue at one time. Once the Client has sent an Instruction, any further Instructions sent by the Client are ignored and the "orders is locked" message appears until the first Instruction is executed.

7.3. It is understood that the connection between the Client Terminal and the Company's Server may be disrupted at some point and some of the Quotes may not reach the Client Terminal.

8. Communication between the Client and the Company

8.1. The Client shall accept the risk of any financial losses caused by the fact that the Client has received with delay or has not received at all any notice from the Company.

8.2. The Client acknowledges that the unencrypted information transmitted by e-mail is not protected from any unauthorised access.

8.3. The Company has no responsibility if unauthorised third persons have access to information, including electronic addresses, electronic communication and personal data, access data when the above are transmitted between the Company and the Client or when using the internet or other network communication facilities, telephone, or any other electronic means.

9. Force Majeure Events

9.1. In case of a Force Majeure Event the Company may not be in a position to arrange for the execution of Client Orders or fulfill its obligations under the agreement with the Client found at www.K2M Pro.com. As a result the Client may suffer financial loss.

9.2. The Company will not be liable or have any responsibility for any type of loss or damage arising out of any failure, interruption, or delay in performing its obligations under this Agreement where such failure, interruption or delay is due to a Force Majeure event.

10. Abnormal Market Conditions

10.1. The Client acknowledges that under Abnormal Market Conditions the period during which the Orders are executed may be extended or it may be impossible for Orders to be executed at declared prices or may not be executed at all.

10.2. Abnormal Market Conditions include but not limited to times of rapid price fluctuations of the price, rises or falls in one trading session to such an extent that, under the rules of the relevant exchange, trading is suspended or restricted, or there is lack of liquidity, or this may occur at the opening of trading sessions.

11. Foreign Currency

11.1. When a Financial Instrument is traded in a currency other than the currency of the Client's country of residence, any changes in the exchange rates may have a negative effect on its value, price and performance and may lead to losses for the Client.

12. Conflicts of Interest

12.1. When the Company deals with the Client, the Company, an associate, a relevant person or some other person connected with the Company may have an interest, relationship or arrangement that is material in relation to the Transaction/Order concerned or that it conflicts with the Client's interest.

12.2. The following includes the major circumstances which constitute or may give rise to a conflict of interest entailing a material risk of damage to the interests of one or more Clients, as a result of providing investment services:

(a) the Company's bonus scheme may award its employees based on the trading volume etc.;

(b) the Company may execute Clients Orders with entities belonging to the Company's Group of Companies where the revenues of those entities is largely generated from Client's trading losses;

( c) the Company may receive or pay inducements to or from third parties due to the referral of new Clients or Clients' trading;

12.3. For more information about the conflicts of interest and the procedures and controls that the Company follows to manage the identified conflicts of interest, please refer to the Company's Summary of Conflicts of Interest Policy found on the Company's website at www.K2M Pro.com

13. Appropriateness

13.1. The Company requires the Client to pass through an appropriateness test during the application process and warns the Client if trading in CFDs or is not appropriate for him, based on the information provided. Any decision whether or not to open a Trading Account, and or whether or not you understand the risks lies with you.

14. INFORMATION ON RISKS ASSOCIATED WITH COMPLEX FINANCIAL INSTRUMENTS OVER THE COUNTER (OTC)

14.1. INTRODUCTION

Trading CFDs can put Client's capital at risk as CFDs are categorized as high risk complex Financial Instruments and Clients may lose the amount invested. Trading CFDs may not be suitable for all investors (refer to section 13).

The investment decisions made by the Clients are subject to various markets, currency, economic, political, business risks etc., and will not necessarily be profitable.

The Client acknowledges and without any reservation accepts that, notwithstanding any general information which may have been given by the Company, the value of any investment in Financial Instruments may fluctuate either upwards or downwards. The Client acknowledges and without any reservation accepts the existence of a substantial risk of incurring losses and damages as a result of buying or selling any Financial Instrument and acknowledges his willingness to take such risk.

Set out below is an outline of the major risks and other significant aspects of CFDs trading:

i. Trading in CFD is VERY SPECULATIVE AND HIGHLY RISKY and is not suitable for all members of the general public but only for those investors who:

a) understand and are willing to assume the economic, legal and other risks involved.

b) taking into account their personal financial circumstances, financial resources, life style and obligations are financially able to assume the loss of their entire investment.

c) have the knowledge to understand CFDs trading and the Underlying assets and Markets.

ii. The Company will not provide the Client with any advice relating to CFDs the Underlying Assets and Markets or make investment recommendations including occasions where the Client shall request such advice and/or recommendation. However the Company may provide the Client with information and tools produced by third parties on an "as is" basis (i.e. the Company does not approve, or endorse, or affect the said information and or tools), which may be indicative of trading trends or trading opportunities. The Client accepts and understands that taking any actions based on the information and/or tools provided by third parties may result in losses and or general reduction of value of the Client's assets. The Company does not accept liability for any such losses resulting from actions taken by the Client on the basis of information and or tools produced by third parties.

iii. CFDs are derivative financial instruments deriving their value from the prices of the underlying assets/markets in which they refer to (for example currency, equity indices, stocks, metals, indices futures, forwards etc.). It is important therefore that the Client understands the risks associated with trading in the relevant underlying asset/ market because fluctuations in the price of the underlying asset/ market will affect the profitability of his trade. For more information regarding the Company's pricing policy, please refer to the Company's Best Interest and Order Execution Policy found at www.K2M Pro.com

iv. Information of the previous performance of CFDs the Underlying Assets and Markets does not guarantee its current and/or future performance. The use of historical data does not constitute a binding or safe forecast as to the corresponding future performance of the CFDs to which the said information refers.

v. Volatility:

Some Financial Instruments trade within wide intraday ranges with volatile price movements. Therefore, the Client must carefully consider that there is a high risk of losses. The price of a Financial Instrument is derived from the price of the Underlying Asset in which the Financial Instruments refers to. Financial Instruments and related Underlying Markets can be highly volatile. The prices of Financial Instruments and the Underlying Asset may fluctuate rapidly and over wide ranges and may reflect unforeseeable events or changes in conditions, none of which can be controlled by the Client or the Company. Under certain market conditions it may be impossible for a Client Order to be executed at declared prices leading to losses. The prices of Financial Instruments and the Underlying Assets will be influenced by, among other things, changing supply and demand relationships, governmental, agricultural, commercial and trade programs and policies, national and international political and economic events and the prevailing psychological characteristics of the relevant market place.

vi. Liquidity:

Liquidity risk refers to the capacity to readily monetize assets without suffering a significant discount in their prices. The Client accepts and acknowledges that the Underlying Instruments on some Derivative Products on offer by the Company may be inherently illiquid or sometimes face persistent liquidity strains due to adverse market conditions. Illiquid Underlying Assets may exhibit high levels of volatility in their prices and consequently a higher degree of risk, this typically leads to larger gaps in ASK and BID prices for an Underlying Instrument than would otherwise prevail under liquid market conditions. These large gaps may be reflected on the prices of the Derivative Product the Company offers.

vii. Off-exchange transactions in Derivative Financial Instruments:

CFDs offered by the Company are off-exchange transactions (i.e. over-the- counter). The trading conditions are set by us (in line with the trading conditions received by our liquidity providers), subject to any obligations we have to provide best execution, to act reasonably and in accordance with our Client Agreement and with our Best Interest and Order Execution Policy. Each CFD trade that the Client opens through our Trading Platform results in the entering of an Order with the Company; such Orders can only be closed with the Company and are not transferable to any other person.

While some off-exchange markets are highly liquid, transactions in off-exchange or non- transferable derivatives may involve greater risk than investing in on- exchange derivatives because there is no exchange market on which to close out an Open Position. It may be impossible to liquidate an existing position, to assess the value of the position arising from an off-exchange transaction or to assess the exposure to risk. Prices need not be quoted, and, even where they are, they will be established by dealers in these instruments and consequently it may be difficult to establish what a fair price is. The Company is using an Online Trading System for transactions in CFDs which does not fall into the definition of a Regulated Market or Multilateral Trading Facility and as such does not have the same protection.

viii. No Clearing House protection:

The Transactions in the Financial Instruments offered by the Company are not currently subject to exchange or clearing house requirements/obligations.

ix. No Delivery:

It is understood that the Client has no rights or obligations in respect to the Underlying Assets/Instruments relating to the CFDs he is trading. There is no delivery of the Underlying Asset and all CFD contracts are settled in cash. If the Underlying Asset movement is in the Client's favour, the Client may achieve a profit, but an equally small adverse market movement cannot only quickly result in the loss of the Client's entire deposit. So, the Client must not enter into CFDs unless he is willing to undertake the risks of losing entirely all the money which he has invested and also any additional commissions and other expenses that may be incurred. Investing in CFDs carries risks and the Client should be aware of these risks. Transactions in CFDs may also have a contingent liability and the Client should be aware of the implications of this as set in point xiv below.

x. Suspensions of Trading:

Under certain trading conditions it may be difficult or impossible to liquidate a position. This may occur, for example, at times of rapid price movement if the price rises or falls in one trading session to such an extent that under the rules of the relevant exchange trading is suspended or restricted. Placing a Stop Loss will not necessarily limit the Client's losses to the intended amounts, because market conditions may make it impossible to execute such an Order at the stipulated price. In addition, under certain market conditions the execution of a Stop Loss Order may be worse than its stipulated price and the realized losses can be larger than expected.

xi. Slippage:

Slippage is the difference between the expected price of a Transaction in a CFD or, and the price the Transaction is actually executed at. Slippage often occurs during periods of higher volatility (for example due to news events) making an Order at a specific price impossible to execute and also when large Orders are executed when there may not be enough interest at the desired price level to maintain the expected price of trade

xii. Leverage and Gearing:

In order to place a CFD Order, the Client is required to maintain a margin. Margin is usually a relatively modest proportion of the overall contract value. This means that the Client will be trading using "leverage" or "gearing (the "multiplier feature"). This means a relatively small market movement can lead to a proportionately much larger movement in the value of the Client's position, and this can work either against the Client or for the Client.

At all times during which the Client opens trades, they must maintain enough equity, consider all running profits and losses, for meeting the margin requirements. If the market moves against the Client's position and/or Margin requirements are increased, may result in closure of the Client's position(s) by the Company on his behalf and he will be liable for any resulting loss or deficit. It is important that you monitor your positions closely because the effect of leverage and gearing (the "multiplier feature") speed the occurrence of profits or losses. It is your responsibility to monitor your trades and while you have open trades you should always be in a position to do so.

xiii. Margin:

The Client acknowledges and accepts that, regardless of any information which may be offered by the Company, the value of CFDs may fluctuate downwards or upwards and it is even probable that the investment may become of no value. This is owed to the margining system applicable to such trades, which generally involves a comparatively modest deposit or margin in terms of the overall contract value, so that a relatively small movement in the Underlying Market can have a disproportionately dramatic effect on the Client's trade. If the Underlying Market movement is in the Client's favour, the Client may achieve a good profit, but an equally small adverse market movement can not only quickly result in the loss of the Clients' entire deposit but also expose the Client to a large additional loss.

The Company may change its Margin requirements, according to the provisions of the Client Agreement found on the Company's website at www.K2M Pro.com

xiv. Contingent Liability Investment Transactions:

Contingent liabilities are potential obligations that may be assumed by the Client depending on the outcome of an event that was beyond any person's control and/or expectations. The Company offers negative balance protection on an account basis and at no point will the maximum loss for the Client exceed the Client's available funds in the specific account.

xv. Risk-reducing Orders or Strategies:

The Company makes available certain Orders (e.g. "stop-loss" orders, where permitted under local law, or "stop-limit" Orders), which are intended to limit losses to certain amounts. Such Orders may not be adequate given that markets conditions make it impossible to execute such Orders, e.g. due to illiquidity in the market. We aim to deal with such Orders fairly and promptly but the time taken to fill the Order and level at which the Order is filled depends upon the underlying market. In fast-moving markets a price for the level of your Order might not be available, or the market might move quickly and significantly away from the stop level before we fill it.

Strategies using combinations of positions, such as "spread" and "straddle"' positions may be as risky as taking simple "long" or "short" positions. Therefore Stop Limit and Stop Loss Orders cannot guarantee the limit of loss.

15. Advice and Recommendations

15.1. When placing Orders with the Company, the Company will not advise the Client about the merits of a particular Transaction or give him any form of investment advice and the Client acknowledges that the Services do not include the provision of investment advice in CFDs or the Underlying Markets. The Client alone will enter into Transactions and take relevant decisions based on his own judgement. In asking the Company to enter into any Transaction, the Client represents that he has been solely responsible for making his own independent appraisal and investigation into the risks of the Transaction. He represents that he has sufficient knowledge, market sophistication, professional advice and experience to make his own evaluation of the merits and risks of any Transaction. The Company gives no warranty as to the suitability of the products traded under this Agreement and assumes no fiduciary duty in its relations with the Client.

15.2. The Company will not be under any duty to provide the Client with any legal, tax or other advice relating to any Transaction. The Client should seek independent expert advice if he is in any doubt as to whether he may incur any tax liabilities. The Client is hereby warned that tax laws are subject to change from time to time.

15.3. The Company may, from time to time and at its discretion, provide the Client (or in newsletters which it may post on its Website or provide to subscribers via its Website or the Trading Platform or otherwise) with information, recommendations, news, market commentary or other information but not as a service.

Where it does so:

a) the Company will not be responsible for such information;

b) the Company gives no representation, warranty or guarantee as to the accuracy, correctness or completeness of such information or as to the tax or legal consequences of any related Transaction;

c) this information is provided solely to enable the Client to make his own investment decisions and does not amount to investment advice or unsolicited financial promotions to the Client;

d) if the document contains a restriction on the person or category of persons for whom that document is intended or to whom it is distributed, the Client agrees that he will not pass it on to any such person or category of persons;

e) the Client accepts that prior to despatch, the Company may have acted upon it itself to make use of the information on which it is based. The Company does not make representations as to the time of receipt by the Client and cannot guarantee that he will receive such information at the same time as other clients.

15.4. It is understood that market commentary, news, or other information provided or made available by the Company are subject to change and may be withdrawn at any time without notice.

16. No Guarantees of Profit

The Company provides no guarantees of profit nor of avoiding losses when trading in Financial Instruments. The Company cannot guarantee the future performance of the Client's Trading Account, promise any specific level of performance or promise that Client's investment decisions, strategies, will be successful/profitable. Customer has received no such guarantees from the Company or from any of its representatives. Customer is aware of the risks inherent in trading in Financial Instruments and is financially able to bear such risks and withstand any losses incurred. The Client acknowledges and accepts that there may be other additional risks apart from those mentioned above.

17. Regulatory and Legal Risk

A change in laws and regulations may materially impact a Financial Instrument and investments in a sector or market. A change in laws or regulations made by a government or a regulatory body or a decision reached by a judicial body can increase business operational costs, lessen investment attractiveness, change the competitive landscape and as such alter the profit possibilities of an investment. This risk is unpredictable and may vary from market to market.

K2M Pro provides automated mirror trading solution across a full range of financial instruments, enabling users to fully automate their trading by mirroring the trades of expert traders who trade with their real trading accounts. K2M Pro is not a broker, but it provides a technological solution for automated mirror trading. Therefore, in order to use our automated trading solution you need to establish a trading account with one of our broker partners.

You should note that different regulations may apply in different regions, and some of the financial products offered by our broker partners may not be available or intended to clients in certain regions.

The risk of trading commodity futures, options, Equities, CFDs (Contracts for Difference), spreadbeating, foreign exchange ("Forex") as well as any other financial instrument (hereinafter: "the Products") is substantial. The high degree of leverage associated with the Products can work against you as well as for you, since there is always a relationship between high reward and high risk. Any type of market or trade speculation that can yield an unusually high return on investment is subjected to unusually high risk. This high degree of leverage can result in substantial losses; you should carefully consider whether the Products are suitable for you in light of your financial condition. If you are unsure you should seek professional advice. Only surplus funds should be placed at risk and anyone who does not have such funds should not participate in the Products trading. Trading with the Products is not suitable for everyone and you should not engage in the Products trading unless you understand the basic aspects of such trading and its risks.

In some cases managed accounts are charged substantial commissions and advisory fees (the "Fees"). Those accounts subject to these charges may need to make substantial trading profits just to avoid depletion of their assets.

Past performance is not necessarily indicative of future results. Prospective clients should not base their decision on investing in any trading program solely on the past performance presented. Additionally, in making an investment decision, prospective clients must also rely on their own examination of the person or entity making the trading decisions and the terms of the advisory agreement including the merits and risks involved.

This warning is a general risk warning and therefore the information provided herein is of a general nature. This risk warning notice cannot and does not disclose all of the risks associated with the Products offered to you by our broker partners. We recommend that you read and ensure you understand the brokers' terms and conditions, warranties and any applicable policies and to ensure you agree to their terms and understand the basic aspects associated with use of their services.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider.

The following describes the terms and conditions upon which K2M Pro Ltd. (hereinafter the "Company" or "K2M Pro" or "We") offers access to the site (hereinafter the "Site") to you the customer (hereinafter "You") and the services provided on the Site, including but not limited to the use of the trading services for a demonstration, the access to Market Information, the Content and Advice and the Links to Third Party Sites (as these terms defined below)(the "Services") (hereinafter the "Terms and Conditions").

By continuing to access or use this Site or the Services, you signify YOUR ACCEPTANCE OF THESE TERMS AND CONDITIONS and all other documents incorporated by reference herein. We reserve the right to amend, remove, or add to these Terms and Conditions at any time. Such modifications shall be effective immediately. Accordingly, please continue to review these Terms and Conditions whenever accessing or using this Site. For your reference, the current version number of the Terms and Conditions and the date on which the Terms and Conditions were last modified appear at the end of this document. Your use of the Site or the Services, after the posting of modifications to these Terms and Conditions will constitute YOUR ACCEPTANCE OF THE TERMS AND CONDITIONS, as modified. If, at any time, you do not wish to accept the Terms and Conditions, you may not use the Site. Any Terms and Conditions proposed by you which are in addition to or which conflict with these Terms and Conditions are expressly rejected by us and shall be of no force or effect.

You may print a copy of these TERMS AND CONDITIONS for your reference. You understand and agree that K2M Pro may discontinue or change the Site at any time, without notice. You also understand and agree that K2M Pro may discontinue or restrict your use of this Site for any reason without notice.

DISCLAIMER

Due to the number of sources from which the content and the advice provided on the Site and via the Services (the "Content and Advice") is obtained, and the inherent hazards of electronic distribution, there may be delays, omissions or inaccuracies in such Content and Advice and the Site.

THE CONTENT AND ADVICE AND THE SITE ARE PROVIDED "AS IS", WITHOUT ANY WARRANTIES. K2M Pro, ITS EMPLOYEES, OFFICERS, DIRECTORS, AFFILIATES, AGENTS AND LICENSORS CANNOT AND DO NOT WARRANT THE ACCURACY, COMPLETENESS, CURRENTNESS, TIMELINESS, NONINFRINGEMENT, TITLE, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF THE CONTENT AND ADVICE AVAILABLE THROUGH THE SITE, OR THE SITE ITSELF, AND K2M Pro HEREBY DISCLAIMS ANY SUCH EXPRESS OR IMPLIED WARRANTIES.

IN NO EVENT SHALL K2M Pro, ITS EMPLOYEES, OFFICERS, DIRECTORS, AGENTS, LICENSORS OR AFFILIATES AND THEIR RESPECTIVE OFFICERS, DIRECTORS AND EMPLOYEES, BE LIABLE TO YOU OR TO ANY THIRD PARTY OR TO ANYONE ELSE FOR ANY KIND OF FINANCIAL LOSS, LOST PROFITS, ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGE OR ANY OTHER SIMILAR DAMAGE OR ANY OTHER LOSS OR INJURY, RESULTING DIRECTLY OR INDIRECTLY FROM USE OF THE SITE AND/OR THE SERVICES, CAUSED IN WHOLE OR PART BY ITS NEGLIGENCE OR CONTINGENCIES BEYOND ITS CONTROL IN PROCURING, COMPILING, INTERPRETING, REPORTING OR DELIVERING THE SITE AND THE SERVICES AT THE SITE.

IN NO EVENT SHALL K2M Pro, ITS EMPLOYEES, OFFICERS, DIRECTORS, AGENTS, LICENSORS OR AFFILIATES, AND THEIR RESPECTIVE OFFICERS, DIRECTORS AND EMPLOYEES BE LIABLE TO YOU OR ANY THIRD PARTY OR ANY ONE ELSE FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE ON THE SERVICES OR THE SITE ITSELF.

Legal Restrictions

Without limiting the foregoing, You understand that laws regarding financial contracts vary throughout the world, and it is your obligation alone to ensure that You fully comply with any law, regulation or directive, relevant to your country of residency with regards to the use of the Site and the Services. For avoidance of doubt, the ability to access our Site does not necessarily mean that our Services, and/or your activities through it, are legal under the laws, regulations or directives relevant to your country of residency.

This Site does not constitute, and may not be used for the purposes of, an offer or solicitation to anyone in any jurisdiction in which such offer or solicitation is not authorized, or to any person to whom it is unlawful to make such an offer or solicitation. Access to this Site, and the offering of financial contracts via this Site, may be restricted in certain jurisdictions, and, accordingly, users accessing this Site are required to inform themselves of, and to observe, such restrictions.

License

K2M Pro grants You a non-exclusive, non-transferable and personal license to access and use its Site (the "License"). The License shall include the right to view, download for caching purposes only and print content from the Site for your own personal use, subject to the restrictions set out below and conditioned on your continued compliance with these Terms and Conditions.

You agree not to "deep-link" to the Site, resell or permit access to the Site to others, and not to republish, reproduce, rent, sublicense or modify any materials appearing on the Site for resale or for any other purpose to others without the prior written consent of K2M Pro. For the avoidance of doubt, You shall be responsible and bound by any unauthorized use of the Site, made in breach of this section.

You agree not to use any electronic communication feature of the Services for any purpose that is unlawful, tortious, abusive, and intrusive on another's privacy, harassing, libelous, defamatory, embarrassing, obscene, threatening or hateful.

In addition, You agree not to use the Site and/or the Services for sending or otherwise posting unauthorized commercial communications (such as spam); not to collect other users' content or information; and not to access the Site and/or Services, using automated means (such as harvesting bots, robots, spiders, or scrapers).

The License granted under these Terms and Conditions will terminate if K2M Pro believes that any information provided by You, including your e-mail address, is no longer current or accurate, or if You fail to otherwise comply with any of these Terms and Conditions and all rules and guidelines for each of the Services. Upon such violation, You agree to cease accessing Services. You agree that K2M Pro, at its sole discretion and with or without notice, may terminate your access to any or all Services, and remove and discard any information or content within the Services.

Links to Third Party Sites

This Site contains hyperlinks to web sites operated by persons other than K2M Pro. Such web sites are not under the control of K2M Pro and K2M Pro makes no representation to You about these web sites nor the content You may find there. You acknowledge that the hyperlinks are provided for your reference and convenience only. You agree not to hold K2M Pro responsible for the content or operation of such web sites. A hyperlink from this Site to another web site does not imply or mean that K2M Pro endorses the content on that web site or the operator or operations of that web site. You are solely responsible for determining the extent to which you may use any content at any other web sites to which you might link from this Site.

THE LIABILITY OF K2M Pro, ITS OFFICERS, DIRECTORS OR EMPLOYEES, TO YOU OR ANY THIRD PARTIES IN ANY CIRCUMSTANCE IS LIMITED TO THE AMOUNT OF MONEY K2M PRO RECEIVED FROM THE BROKER IN RELATION TO THE TRANSACTION GIVING RISE TO SUCH LIABILITY; PROVIDED THAT THE CUMULATIVE LIABILITY OF K2M PRO ITS OFFICERS, DIRECTORS OR EMPLOYEES, TO YOU OR ANY THIRD PARTIES IN RELATION TO THE TRANSACTIONS CARRIED OUT THROUGH THE USE OF THE SERVICES SHALL NOT EXCEED THE AMOUNT OF MONEY ACTUALLY RECEIVED BY K2M PRO FROM THE BROKER DURING A SIX (6) MONTHS PERIOD PRECEDING THE OCCURRENCE OF THE EVENT GIVING RISE TO SUCH LIABILITY.

Market Information

K2M Pro may make available to you through one or more of its Services a broad range of financial information that is generated internally or obtained from agents, vendors or partners (" Third Party Providers"). This includes, but is not limited to, financial market data, quotes, news, analyst opinions and research reports, graphs or data ("Market Information").

Market Information provided on the Site pages does not constitute investment advice. K2M Pro does not endorse or approve the Market Information, and we make it available to you only as a service for your own convenience. K2M Pro and its Third Party Providers do not guarantee the accuracy, timeliness, completeness or correct sequencing of the Market Information, or warrant any results from your use or reliance on the Market Information.

Market Information may quickly become unreliable for various reasons including, for example, changes in market conditions or economic circumstances. Neither K2M Pro nor the Third Party Providers are obligated to update any information or opinions contained in any Market Information, and we may discontinue offering Market Information at any time without notice.

You agree that neither K2M Pro nor the Third Party Providers will be liable in any way for the termination, interruption, delay or inaccuracy of any Market Information. You will not "deep-link", redistribute or facilitate the redistribution of Market Information, nor will you provide access to Market Information to anyone who is not authorized by K2M Pro to receive Market Information.

Use and Access to the Site

You shall be responsible for providing and maintaining the means by which to access the Site, which may include, but is not limited to, a personal computer, modem and telephone or other access line.

You shall be responsible for all access and service fees necessary to connect to the Site and assume all charges incurred in accessing such systems. You further assume all risks associated with the use and storage of information on your personal computer or on any other computer through which you will gain access to the Site and the Services (hereinafter referred to as "computer" or "your computer").

You represent and warrant that you have implemented and plan to operate and maintain appropriate protection in relation to the security and control of access to your computer, computer viruses or other similar harmful or inappropriate materials, devices, information or data.

You agree that K2M Pro will not be liable in any way to you in the event of failure of or damage or destruction to your computer systems, data or records or any part thereof, or for delays, losses, errors or omissions resulting from the failure or mismanagement of any telecommunications or computer equipment or software.

You will not use the Site in any way that causes, or may cause damage to the Site or impairment of the availability or accessibility of the Site; or in any way which is unlawful, illegal, fraudulent or harmful, or in connection with any unlawful, illegal, fraudulent or harmful purpose or activity.

You will not transmit to or in any way, whether directly or indirectly, expose K2M Pro or any of K2M Pro's online service providers to any computer virus or other similarly harmful or inappropriate material or device.

Company's Rights

K2M Pro reserves the right to suspend the operation of this Site or any part or sections of it at any time without notice, including but not limited for maintenance purposes, and no claims may be entertained against the Company in connection thereto.

In addition, K2M Pro reserves the right, at any time and for any reason, to discontinue, redesign, modify, enhance, change, patch the Site and/or the Services including without limitation, the structure, specifications, "look and feel", navigation, features and other elements of the Site and/or the Services or any part thereof.

Force Majeure

You agree that K2M Pro will not be liable in any way to you or to any other person for any delays, losses, errors or omissions resulting from a force majeure event, or from an act of any government or legal authority, or from any other event beyond K2M Pro's control.

The parties shall be released of all responsibilities for partial, full or non-fulfillment, as well as for improper fulfillment of the obligations under these Terms and Conditions, if such non-fulfillment or improper fulfillment was a result of extraordinary events, which occurred after these Terms and Conditions were concluded and which the party could not either foresee or prevent (natural calamities, wars, armed conflicts etc.).

Technical Problems

You understand that while the Internet and the World Wide Web are generally reliable, technical problems or other conditions may delay or prevent you from accessing the Site.

K2M Pro shall not be liable, and you agree not to hold or seek to hold K2M Pro or any of its agents or service providers liable, for any technical problems, failure of or damage or destruction of data or records or any part thereof, computer 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.

K2M Pro does not represent, warrant or guarantee that you will be able to access or use the Site at times or locations of your choosing, or that K2M Pro will have adequate capacity for the Site as a whole or in any geographic location.

K2M Pro does not represent, warrant or guarantee that the Site and the Services will meet your requirements and the operation thereof will be uninterrupted or error-free. K2M Pro does not make any warranties or guarantees with respect to the Site and its content, including but not limited to, warranties for merchantability or fitness for a particular purpose.

Without limiting the foregoing K2M Pro will not be responsible for an impossibility to execute orders and requirements due to failures in the operation of informational systems caused by technical faults, which are beyond its control.

Intellectual Property Rights

Unless otherwise stated, all content, trademarks, services marks, trade names, logos and icons are the property of K2M Pro or its affiliates, agents or licensors, and are protected by copyright laws, international treaties and/or any other intellectual property rights.

You agree not to delete any copyright notices or other indications of protected intellectual property rights from materials that you print or download from the Site. You will not obtain any intellectual property rights or any right or license to use such materials or the Site other than as set out in these Terms and Conditions.

Images displayed on the Site are either the property of K2M Pro or its licensors and are used with permission. You agree not to upload, post, reproduce or distribute any information, software or other material protected by copyright or any other intellectual property right (as well as rights of publicity and privacy) without first obtaining the permission of the owner of such rights and the prior written consent of K2M Pro.

Nothing contained on the Site shall be construed as granting, by implication, estoppels, or otherwise, any license or right to use any trademark without the written permission of K2M Pro or such third party that may own the trademarks. Your use of the trademarks, or any other content of the Site, except as provided herein, is strictly prohibited.

Breach

You agree to fully indemnify, defend and hold harmless K2M Pro, its officers, directors and employees, its corporate affiliates and their respective officers, directors and employees immediately upon demand from and against all claims, demands, liabilities, damages, losses, costs and expenses, including legal fees and other charges whatsoever, howsoever caused, that may arise as a result of: (i) any breach of these Terms and Conditions by You; and/or (ii) violation by You of any law or the rights of any third party.

Without prejudice to any other rights in these Terms and Conditions, if you breach in whole or in part any provision contained herein, K2M Pro or any of its corporate affiliates which provides Services to You reserves the right to take such action as it sees fit, including (but not limited to) terminating the Terms and Conditions or any other agreement in place with you, terminating or blocking the Services offered to you via the Site and/or taking legal action against you.

Governing Law and Court Jurisdiction

These Terms and Conditions shall be governed by the laws of England and Wales, without regard to conflicts of law principles thereof. This is the case regardless of whether you reside or transact business with K2M Pro anywhere else in the world.

If any part of these Terms and Conditions is unlawful, void or unenforceable, that part will be deemed severable and will not affect the validity and enforceability of any remaining provisions.

You agree to submit to the personal and exclusive jurisdiction of the courts located in London, England to settle any dispute, which may arise in relation thereto.

Risk of Loss

It is important that you be fully aware of the following points:

The risk of loss in trading foreign exchange ("Forex"), Commodity futures, options, Contract for Difference ("CFD") and Spread Betting on margin (collectively, the "Investment Products") can be substantial.

The high level of leverage effect possible in conducting transactions via the Investment Products stems from the fact that it is only necessary to pay relatively modest margins or guarantees in relation to the scope of the contract.

The result of the above is that even a slight fluctuation of the market could mean substantial gains when these fluctuations are in your favor, but that could also mean considerable losses if the fluctuations are to your detriment. In fact, You could sustain a loss of some or all of your initial investment.

Therefore, You should carefully consider whether such trading is suitable for you in light of your financial condition and You should not trade or invest money that you cannot afford to lose.

Last Modified: 10.9.2017