Common use of Upon detecting Clause in Contracts

Upon detecting. the usage of an Islamic account (Swap Free) for performing arbitrage orders; and/or • the use of the carry trade-related strategies; and/or • an inappropriate usage or purposeful usage of an Islamic account (Swap Free) to make additional profits, the Company reserves the right to revoke the Swap Free status granted to any real trading Account at any time without being obliged to provide any explanation or justification. Furthermore, in the event that we detect any form of abuse, fraud, manipulation, or other forms of deceitful or fraudulent activity in regard to any Swap Free Account, including those referred to in clause 6.4.2 of any client, we reserve the right, at any time and with immediate effect, to: a) revoke the Swap Free status from any and all real trading Accounts of such client that have been converted to a Swap Free trading Account; and/or b) correct and recover any un-accrued swaps and any related un-accrued interest expenses and/or costs pertaining to any and all of such client’s Swap Free trading Accounts during the period for which such Accounts were converted into Swap Free trading Accounts; and/or c) close all trading Accounts of such Сlient, nullify all trades carried out in such Сlient’s trading Accounts and cancel all profits or losses garnered in such Сlient’s trading Accounts.

Upon detecting. ● the usage of an Islamic account (Swap Free) for performing arbitrage orders; and/or • ● the use of the carry trade-related strategies; and/or • ● an inappropriate usage or purposeful usage of an Islamic account (Swap Free) to make additional profits, the Company reserves the right to revoke the Swap Free status granted to any real trading Account at any time without being obliged to provide any explanation or justification. Furthermore, in the event that we detect any form of abuse, fraud, manipulation, or other forms of deceitful or fraudulent activity in regard to any Swap Free Account, including those referred to in clause 6.4.2 of any client, we reserve the right, at any time and with immediate effect, to: a) revoke the Swap Free status from any and all real trading Accounts of such client that have been converted to a Swap Free trading Account; and/or b) correct and recover any un-accrued swaps and any related un-accrued interest expenses and/or costs pertaining to any and all of such client’s Swap Free trading Accounts during the period for which such Accounts were converted into Swap Free trading Accounts; and/or c) close all trading Accounts of such Сlient, nullify all trades carried out in such Сlient’s trading Accounts and cancel all profits or losses garnered in such Сlient’s trading Accounts.