Bonus Program Agreement Directions: Print out form, fill out, sign & send back to TradersChoiceFX NCMFX, Inc.
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1 NCMFX, Inc. ***Please fill out all fields below in the font color, Forest Green. If joint account, please have both account holders sign and initial each page below as requested. Risk Disclaimer THE RISK OF LOSS IN TRADING OVER THE COUNTER SPOT FOREIGN EXCHANGE (FOREX) CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FOREX TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. Although the information provided to you by any third party recommending NCMFX, INC. is obtained or compiled from sources believed to be reliable, NCMFX, INC. cannot and does not guarantee the accuracy, validity, timeliness, or completeness of any performance information or data obtained from third parties and made available to you or reviewed and relied upon by you for any particular purpose. In particular, NCMFX, INC. does not stand behind nor can it vouch for or verify any of the performance statistics that you will view on any websites that you may land on or link to from this website, or that recommend or link to NCMFX, INC. owned websites, such as Due to slippage, execution costs and the fact that the performance results are not audited, NCMFX, Inc. suggests that you consider any such performance information as hypothetical performance. As indicated above, hypothetical performance information has many inherent limitations in light of the fact that it is prepared with the benefit of hindsight. The undersigned understands the potential limitations associated with any performance information provided on them. The undersigned also understands the tremendous risks associated with Forex trading. However, the undersigned is nonetheless willing to undertake the risk of loss associated with the foregoing limitations, as well as the risk of loss associated with foreign currency trading. Accordingly, the undersigned indemnifies and holds harmless and waives any claims against NCMFX, Inc. and any of its officers, directors, employees and representatives from any trading losses or liabilities arising out of the undersigned s foreign currency trading and/or reliance on the referenced performance information. Date Traders Signature Print Name Last updated by NCMFX, Inc. November 28th,
2 THIRD PARTY LEADS: Bonus Program Agreement Directions: Print out form, fill out, sign & send back to TradersChoiceFX The purpose of this risk disclosure is to inform you that, to the extent you have been solicited to trade futures contracts, options contracts or spot foreign currencies ( forex ), or you have been provided advertising and/or marketing materials to trade such products (collectively, the Materials ), by a firm other than NCMFX, Inc. d/b/a Traders Choice FX (the Company ), you acknowledge and agree that you will not rely upon those Materials in opening an account with the Company. Rather, in opening an account through the Company, you acknowledge and agree that you will rely solely upon the information that the Company provides to you. Thus, all prior thirdparty Materials provided to you are superseded by the information and disclosures provided by the Company to you. Further, you acknowledge that the Company was not involved in the preparation of the Materials and the Company does not approve or endorse any third-party Materials. The providers of the Materials may not be registered to conduct business in futures, options or forex. As a result, their Materials may not satisfy the requirements established by the Commodity Futures Trading Commission ( CFTC ) and National Futures Association ( NFA ). By contrast, the Company is registered with the CFTC and is a member of the NFA, and the Company s information and disclosures comply with the requirements of the CFTC and NFA. In opening an account with the Company, you thus are required to disregard any prior Materials provided to you by any firm other than the Company. Irrespective of any information that you may have been previously provided, the trading of futures, options and forex involves substantial risk of loss and may not be suitable for you. The valuation of futures, options and forex positions may fluctuate. As a result, you may lose more than your original investment. The high degree of leverage in futures, options and forex trading may work against you as well as for you. Leverage can lead to large losses as well as gains. Only funds that you can afford to lose should be used to trade futures, options and/or forex. / Traders Signature / Print Name Joint Account: Traders Signature Last updated by NCMFX, Inc. November 28th,
3 THIRD PARTY PRODUCTS: Bonus Program Agreement Directions: Print out form, fill out, sign & send back to TradersChoiceFX Although certain information and products provided to you by NCMFX, INC. is obtained or compiled from sources believed to be reliable, NCMFX, INC. cannot and does not guarantee the accuracy, validity, timeliness, or completeness of any products, performance information or data obtained from third parties and made available to you or reviewed and relied upon by you for any particular purpose. In particular, NCMFX, INC. does not stand behind nor can it vouch for or verify any of the performance statistics that you may see on any other website that you may land on or link to from this website. NCMFX, INC. also does not stand behind guarantee or vouch for any third party products that are made available to you or mentioned to you by NCMFX, INC. It s officers, affiliates, employees or representatives. Due to slippage, execution costs and the fact that the performance results are not audited, NCMFX, Inc. suggests that you consider all performance information as hypothetical performance. As indicated above, hypothetical performance information has many inherent limitations in light of the fact that it is prepared with the benefit of hindsight. The undersigned understands the potential limitations of third party products and performance information. However, the undersigned is nonetheless willing to undertake the risk of loss associated with the foregoing limitations, as well as the risk of loss associated with foreign currency trading. Accordingly, the undersigned indemnifies and holds harmless and waives any claims against NCMFX, Inc. and any of its officers, directors, employees and representatives from any trading losses or liabilities arising out of the undersigned s foreign currency trading and/or reliance on the referenced performance information. / Traders Signature / Print Name Joint Account: Traders Signature Last updated by NCMFX, Inc. November 28th,
4 BONUS PROGRAM AGREEMENT *Please either type or clearly print in ALL CAPS all information* This Agreement ( Agreement ) is made this day of, 201, between (Enter Forex Account Name), located at (Forex Account Holder s Address): hereinafter known as Trader and/or Bonus Party And NCMFX, INC., hereinafter known as "NCMFX, INC., a spot Forex introducing broker, located at 1005 Boylston Street, Suite 322B, Newton, MA DESCRIPTIONS AND DEFINITIONS Description of NCMFX, INC.: NCMFX, INC. is an Introducing Broker (IB). NCMFX, INC. specializes in introducing foreign exchange trading services in OTC FX (Spot Forex) Trader is the individual or company that has a retail Forex account with an FDM/FCM that has a relationship with NCMFX, INC and has used NCMFX, INC. as their introducing broker. The Trader may receive bonuses from NCMFX, INC. Terms of agreement: 1. Trader agrees to have NCMFX, INC. ( as their Introducing Broker at one of the Forex dealing firms that NCMFX, INC. has a relationship with. 2. NCMFX, INC. will compensate Trader based on monthly trading volume in accordance to Schedule A of this agreement. This commission schedule may be changed by NCMFX, INC. at its sole discretion, with or without notification to Trader. The Trader understands that NCMFX, INC. reserves the right to cease Bonus payments at any time; at its sole discretion and that the bonus payment is in fact a bonus not an obligation to compensate Trader. 3. NCMFX, INC. reserves the right to change the per trade bonus rebate upon any modification of Trader(s) spread structure on any of Trader(s) trading accounts enrolled in this bonus program. 4. Monthly Bonuses under the amount of $10.00 USD, are automatically not issued, when paid via PayPal. If trader wishes to have his/her lower monthly bonuses rolled over to the next payout, please support@traderschoicefx.com with your request. Please make sure to indicate the trading month of the bonus you are inquiring about. 5. The term of this Agreement shall be for a period of 6 months commencing on the date of this Agreement and will be automatically extended until further notification. 6. The Trader represents and warrants that the Trader is either: a. An individual who is not prohibited from entering into and effecting the terms of this Agreement; or b. A legal entity, in which case, the Trader is duly organized and is in good standing in the jurisdiction of its formation, and the Trader is duly authorized and empowered to enter into and effect the terms of this Agreement. 7. The Trader represents and warrants that this Agreement and the Transactions contemplated hereunder are not illegal under the laws of any nation, state, and/or territory. 8. ALL Traders in the TradersChoiceFX Bonus program will adhere to the latest Bonus agreement, which supersedes all other Bonus agreements and is available on our website at: 24 hours a day for your convenience. Trader Initials: Last updated by NCMFX, Inc. November 28th,
5 The Trader indemnifies the advisor from any legal, losses, costs, damages, opportunity costs, and costs resulting in debit balance as a result of the Trader investing or trading through NCMFX, INC. The Trader acknowledges that it will compensate NCMFX, INC. for any damages that are a direct result of the Trader s actions. Trader Signature: This Agreement may be amended at anytime by NCMFX, Inc, for any reason, with or without prior notice to Trader (s). This Agreement shall be interpreted under the laws of the State of Massachusetts without regard for its conflicts of laws and principles. Venue for any dispute between the parties hereto shall be limited to the federal and state courts found in the City of Boston, MA, USA, and each of the parties hereto hereby consents to jurisdiction over it in those courts as to any dispute under this Agreement. IN WITNESS HEREOF this agreement has been signed by and on behalf of the parties hereto by persons duly authorized the day and year first written below. This AGREEMENT has been entered into on the day of, 201. BONUS PARTY CONTACT INFORMATION (This is for the account holder) Forex Trading Account Name (If different from above): Forex Account Number (s): Telephone: Type: (Mobile, Home, Work) Please circle Telephone: Type: (Mobile, Home, Work) Please circle PayPal*: (Yes / No) Please circle PayPal*: (Yes / No) Please circle Last updated by NCMFX, Inc. November 28th,
6 Payments & Documentation Required: (Please circle one option below) Payment Option 1: (Only for FXCM & GAIN Capital) Forex Trading Accounts ) Direct Deposit Credit to your Forex Trading Account 1. Bonus Program Agreement-(Please either PRINT Clearly or TYPE out all information.) Payment Option 2: (For all other Forex Trading Accounts) Direct Deposit Credit to your PayPal Account 1. Bonus Program Agreement-(Please either PRINT Clearly or TYPE out all information.) 2. W-9-(For U.S. Traders Only) Or W-8BEN-(For International Traders Only)-*Canadian Citizens please make sure to include your SIN number. 3. Proof of Address-(i.e. bank statement, utility bill, must show clear name and address of Bonus party) 4. Photo ID-(Government issued ID-Must be a clear copy Showing Photo and ID information, scan and only please) 5. PayPal address-(paypal account must be a premier or business account in order for you to receive payments via PayPal.) Please include above on Bonus agreement. 6. Name on Bonus agreement must match name on account where you are currently trading (Ex: Corp Trading Account = Corp name on Bonus agreement). If you have more than one trading account under our IB Group, please make sure we have a W-9 or W-8BEN Form for each account, if under different names (i.e. one under J.T. Inc. and one under Justin Timberlake). *Compensation to the Bonus party will be made via Direct Deposit to your trading account only, unless your Forex Trading Account is not at one of the following dealing firms: GAIN Capital (Forex.com) and/or FXCM, where it will then be credited to your PayPal account on file. ***All Forms MUST be typed out OR clearly printed, or they WILL NOT be processed. The documents stated above may be scanned & ed to: support@traderschoicefx.com. If you have any questions regarding your monthly bonus, feel free to contact us at support@traderschoicefx.com. Last updated by NCMFX, Inc. November 28th,
7 Schedule A for Office Use Only Bonus Program Agreement Directions: Print out form, fill out, sign & send back to TradersChoiceFX Bonus Party Pay Structure A. NCMFX, INC. will compensate the trader pips for every new round turn standard lot traded at the dealing firm to which the Trader was introduced to by NCMFX, INC. B. The Trader s account must be open, funded and under the NCMFX, INC. IB group at the appropriate FCM/FDM during the time of Bonus compensation in order to be eligible to receive the bonus. C. Compensation to the Bonus party will be credited directly to clients Forex Trading Account or via PayPal account, according to the options provided on the previous page. D. Compensation will be paid out after 45 days of the last trading day of each month. Bonuses will be sent to the Trader during the 2 nd half of each month. *This can change at any time without prior notice to Trader. E. Monthly Bonuses under the amount of $10.00 USD, are automatically not issued when using PayPal. If trader wishes to have his/her lower monthly bonuses rolled over to the next payout, please support@traderschoicefx.com with your request. Please make sure to indicate the month of the bonus you are inquiring about. F. A small processing fee may be deducted from your Bonus each month. This is at the sole discretion of NCMFX, Inc. ALL Traders in the TradersChoiceFX Bonus program will adhere to the latest Bonus agreement, which supersedes all other Bonus agreements and is available on our website at: 24 hours a day for your convenience. Bonuses will be issued to Traders from the month that they enroll in this service, not necessarily from the day an account is opened and under our IB/Group. It is the Trader s responsibility to make sure that their account(s) remain(s) under our IB at the specific dealing firm(s), which they would like to collect Bonuses for. FOR NCMFX, Inc.: FOR TRADER of NCMFX, Inc.: Signature: Signature: Print Name: Print Name: Title: Joint Acct Signature: Date: Date: Last updated by NCMFX, Inc. November 28th,
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