Common use of Liability Exceptions Clause in Contracts

Liability Exceptions. The Client should not proceed to account opening if he/she is under the age of 18, otherwise we shall cancel the account. The Company shall not accept Clients whose residency is outside EEA and shall reserve the right not to approve Clients at its discretion. The Company shall not undertake liability in the case of a communication problem - via internet or on phone or other methods – emerges, that may impact the Client’s existing positions or the Client’s need to open new positions or add limit orders. In case a Client falls under the “Politically Exposed Person” (PEP) category, then that client should disclose it, during the account registration process (for more information regarding the “Politically Exposed Person”, as stipulated by CySEC, kindly read the Directive DI144-2007-08). The Company is not liable for any losses of the Client’s investment and hereby warns the Client not to invest any capital, the loss of which the Client cannot afford to suffer.