Managed Account Authorization and Risk Disclosure

All Customers who designate an Authorized Money Manager or Trading Agent, defined as any person other than the Customer who is given the ability to control, manage, or direct trading decisions in the Account (as defined below), must read and agree to the following document before authorization will be granted by MGK Global Limited.

The Customer(s) who agree(s) to the above hereby authorize(s) as follows:

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1. Appointment of Money Manager and Indemnification

I/We hereby designate the above-mentioned Money Manager as Agent and attorney-in-fact for the purpose of buying and selling margined foreign exchange contracts for the Customer's trading account (the "Account"), at the Customer's sole risk, through MGK Global Limited (hereinafter referred to as "MGK").

The Customer agrees to indemnify and hold harmless MGK from and against any and all losses, liabilities, claims, damages, or indebtedness arising directly or indirectly from the acts or omissions of the Money Manager in connection with the Account.

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2. Authority of MGK and Limitation of Responsibility

The Customer acknowledges and understands that MGK is authorized to follow the instructions of the Customer's authorized Money Manager (the "MM") in all matters relating to trading activity in the Account.

Notwithstanding the foregoing, this authorization does not extend to non-trading withdrawals of funds, securities, or other assets held in the Customer's name.

MGK shall not be liable or responsible for any trading decisions, buy or sell transactions, or trading results executed by the MM on behalf of the Customer, nor for any losses incurred in the Account as a result thereof.
MGK does not endorse, guarantee, or make any representations regarding the background, experience, competence, or trading methods of the Money Manager.

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3. Withdrawal Restriction (Master Account Open Positions)

The Customer acknowledges and agrees that, as a general rule, no withdrawals shall be permitted from the Account while there are any open positions in the master account managed by the Money Manager.

All open positions in the master account must be fully closed before any withdrawal request from the Customer's Account can be processed.

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4. Account Information and Acknowledgment Authority

The Customer acknowledges and agrees that the authorized Money Manager will have access to, and may receive copies of, any statements, confirmations, notices, or other correspondence relating to the Customer's Account.

The Customer further authorizes the Money Manager to acknowledge receipt and approve the accuracy of such documents on behalf of the Customer.

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5. Risk Disclosure

The Customer acknowledges and understands that trading in margined foreign exchange involves substantial risk and may result in losses equal to or exceeding the amount of margin deposited with MGK.

The Customer agrees to trade, or authorize trading on the Customer's behalf, only with risk capital, defined as capital that, if lost, would not materially affect the Customer's lifestyle, financial obligations, or, in the case of a corporate Customer, the solvency of the business.

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6. No Guarantee of Profits

The Customer acknowledges and agrees that neither MGK nor any Money Manager can guarantee profits, prevent losses, or limit the extent of potential losses.

The Customer is solely responsible for understanding the trading objectives, strategies, and risks of the Money Manager and acknowledges that MGK is not responsible for determining whether any transactions executed by the MM are consistent with those objectives.

By granting trading authority, the Customer understands and agrees that MGK does not endorse, guarantee, or verify any representations made by the Money Manager.

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7. Acknowledgment of Risk Disclosure

The Customer acknowledges that the Customer and the Customer's Money Manager have read, understood, and agreed to MGK's Risk Disclosure Statement and Risk Warning Notice.

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8. Final Acknowledgment

By agreeing to this Limited Power of Attorney, the Customer confirms that the Customer has carefully read, understood, and agreed to all terms and provisions contained in this Limited Power of Attorney and Managed Account Authorization document.