CONTRACT AGREEMENT
Parties:
FF Trader s.r.o. (www.ftmo.com )
Company ID: 031 36 752
with its registered office at Vlkova 2725/34, Prague 3 – Žižkov, postcode 130 00
incorporated in the Companies Register kept by the Municipal Court in Prague, Section B, Insert 22763,
represented by Otakar Suffner, executive, and Marek Vasicek, executive
(hereinafter referred to as "FF Trader")
and
Name: Trader Trader
Date of birth: 01 JAN 1990
Residence: 31 New Broadstreet, Manchester, ED2M 1ZH, United Kingdom
Phone: +440123456789
(hereinafter referred to as "Provider")
(Provider and FF Trader together as the "Contracting Parties"),
In connection to the passed Verification account 60123 conclude this Contract:
1. The Provider has the right to perform simulation of trades on the financial market FOREX, or on another
financial market through a special customer demo account on the platform of a broker (hereinafter also as
" Provider Account") which shall be made accessible to him or her subject to the conditions of this Contract
and to the FF Trader GTC (as defined below) and the right to remuneration, which FF Trader shall pay the
Provider under the conditions of this Contract (hereinafter referred to as the "FOREX Trading").
2. FF Trader shall not instruct the Provider regarding the method of FOREX Trading. The Provider has the
freedom of manner in which he or she performs FOREX Trading. During FOREX Trading, the Provider is
obliged to observe the following prudence policies of trading:
a. The Provider has to trade at least in 10 days of one calendar month, i.e. he or she has to open at least
one market position in each of these days.
b. The maximum daily aggregated loss on the Provider's Account consisting of the account's current
result of opened positions and the result of positions closed on the given day must not at any time in
the course of one working day exceed 5% of the initial capital.
c. The value of the initial capital must not fall below 90% of the initial account balance both for open and
closed positions, including commissions and swaps.
d. No trading positions must be opened on the Provider's Account outside the business hours of the
traded instrument, except for up to 2-hours rollover break during weekdays.
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e. The Provider shall not perform FOREX trading 2 minutes before the announcement of the subject
macroeconomic release, until 2 minutes after the announcement of the subject macroeconomic
release. These are the items in the table in Appendix A of this contract. When there is an extraordinary
event (elections etc.), Provider will be notified by e-mail to the email address provided during the order.
In the event of a breach of any of the rules referred to in this Article, all positions on the broker's platform
shall be closed immediately and the Provider 's account will be blocked. In such a case, FF Trader has the
right to terminate this Contract under the conditions of Article 14.
3. The Provider acknowledges that the Provider's Account is a demo version which does not allow to perform
real-world trades using FOREX Trading on financial markets. It is up to the decision of FF Trader which of
the activities of FOREX Trading will be executed on the financial market and which not.
4. The Provider is entitled to remuneration for FOREX Trading which is calculated according to the achieved
performance on the Provider's Account. Billing takes place in monthly cycles from the first business day on
the Account. If the Provider starts to trade for example on May 5, billing will always take place on the fifth
day of the month. Billing consists of deducing from the Providers Account the difference between the closed
account balance and the value of the initial capital where this difference is positive. The resulting Provider's
remuneration is calculated as 70% of this difference. The remuneration is payable within the 14th day of the
invoice being issued by the Provider to the account shown in the header of this contract.
5. The Provider shall not perform FOREX Trading in violation of: (i) the operation of the real financial market,
(ii) the current General Terms and Conditions of the broker, (iii) the current General Terms and Conditions of
FF Trader which are available on https://ftmo.com/en/terms-conditions/ (hereinafter referred to as "GTC"),
(iv) the limitations set out in point 2 of this Contract; and (v) generally binding regulations valid in the Czech
Republic. Transactions made in violation of the above terms will not be included into billing according to
Article 4 of this Contract, and in such a case, FF Trader has the right to terminate this Contract under the
conditions of Article 14.
6. The Provider acknowledges that Trading on FOREX may fulfil the features of an investment service
according to Section 4 of Act No. 256/2004 Coll., On Capital Market Undertakings, as amended. By signing
this Agreement, the Provider undertakes to conduct FOREX Trading in accordance with generally binding
regulations valid in the Czech Republic and to provide all necessary permits for this activity.
7. The Provider shall notify FF Trader of any of his or her interest in business or other activities pursuing
property benefits which could find themselves in conflict with the interests of FF Trader.
8. Provider vows to keep the confidentiality of all information received in connection with this Contract or when
performing FOREX Trading.
9. The Provider agrees that FF Trader processes (in an automated manner or by other means) the personal
data of the Provider on the basis of Act No. 101/2000 Coll., on the protection of personal data, as amended,
which the Provider has provided or will provide to FF Trader for the purpose of and to the extent necessary
to (i) the performance of this Contract, (ii) the regular personal evaluation of the Provider and other providers,
(iii) resolution of any disputes arising in connection with this Contract and (iv) information on new services
or products of FF Trader. The Provider grants this consent for the duration of the performance of work for
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FF Trader and for the period of three years after the termination of this
Contract, unless the obligation to archive some personal data for a longer period of time is otherwise
provided by legislation (in which case the Provider grants this consent for the appropriate period of time).
10. FF Trader has the right to provide personal data of the Provider to third parties and to foreign countries
under the terms of the Act on the protection of personal data. FF Trader only has the right to such transfer
of personal data of the Provider for the purpose of and to the extent specified above, or if such an obligation
is provided for by law. FF Trader shall inform the Provider of the transfer of his or her personal data pursuant
to this paragraph unless the law states otherwise.
11. The Provider has the right to access and correct personal data. In the event that the Provider finds or
believes that FF Trader performs the processing of his or her personal data contrary to the protection of the
private and personal life of the Provider or in conflict with the Act on the protection of personal data (in
particular, if the personal data are inaccurate), he or she may ask FF Trader to redress.
12. Upon FF Trader's request and at any time after the termination of this Contract, the Provider agrees to return
all borrowed tools, other resources, notes, documents, including electronic or other storage media,
containing information on the activities of FF Trader, including all copies thereof. Making copies is strictly
prohibited.
13. The Contracting Parties expressly acknowledge that the GTC form an integral part of this Contract.
14. This Agreement is concluded for an indefinite period and may be terminated by either party at any time with
immediate effect without notice.
15. This Contract was made in two copies, one of which was taken over by FF Trader and the other one by the
Provider.
16. This contract shall be subject to Czech law.
Date: 07 April 2020
FF Trader s.r.o.
____________________________ ____________________________
Otakar Suffner Trader Trader
Executive director
____________________________
Marek Vasicek
Co-founder
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Appendix A
Trade Restriction Table for specific types of reports and instruments under point 2. e.
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