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Customer Agreement and Risk Disclosure

In consideration of Global Futures & Forex, Ltd., through its Global Forex Trading Division (“GFT”) making Pro Commentary (the “Publication”) available to the subscriber (“Subscriber”), Subscriber agrees and acknowledges as follows:
				
1. License and Access. 
			
Subscriber will be granted access to the Publication through DealBook® 360 trading software. Subscriber is licensed to view the content of the Publication, and to make one copy of the content, either in hard copy form or by downloading the copy to a hard drive, diskette or CD. Any such copy is for Subscriber’s personal use, and may not be re-copied or redistributed to any other person. Recompiling, multiple copying, publication or republication of the content may be done only with specific written permission from GFT. Subscriber acknowledges that it has no claim to ownership of the Publication or its content, and that the Publication and its content are protected by copyright laws.
				
2. Subscription Fee and Term. 
				
Subscriber will prepay GFT its published subscription fee for the license and access to the Product. The term of the license shall be the period of time for which Subscriber has prepaid the subscription fee charged by GFT for the Product. Any subscription fee paid is nonrefundable. The license and access shall immediately terminate if a required fee is not paid when due. The Subscriber will be charged immediately for the first month, and if the Subscription starts on a date other than the first date of a calendar month, the amount due for the first partial month will be pro-rated. Thereafter GFT will charge the Subscriber on the 25th of each month for the following calendar month's subscription. If the Subscriber wishes to cancel the subscription, he/she will do so effective the first day of a calendar month by notifying GFT of the cancellation by e-mail or certified mail by the 20th of the previous calendar month. No refunds will be made for payments previously made if a subscription is cancelled by the Subscriber before the end of the month.
				
3. Disclaimer of Warranties and Liability. 
				
GFT licenses the Publication from FX Strategy, which publishes the Publication and owns the copyright. GFT is not responsible for the content of the Publication, and does not warrant completeness or accuracy. GFT and its licensor do not warrant that Subscriber’s use of the Publication will be uninterrupted or error-free, or that such use will satisfy the Subscriber’s requirements. GFT warrants that it is entitled to grant the license granted to Subscriber in this Subscription Agreement, but GFT and its licensor make no other warranties or representations of any kind, express or implied, including but not limited to warranties of merchantability or fitness for a particular purpose. Subscriber will be permitted to access the Publication any time the license granted in this Subscription Agreement is in effect. GFT and its licensor will not be liable for any delay, down time or other failure of performance, but GFT will use reasonable efforts to correct any perfformance problem brought to its attention. GFT and its licensor will not be responsible for incidental, consequential, or any other damages arising out of or in connection with the Publication or its use.
				
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Subscriber understands and acknowledges that all orders for trades pursuant to information, opinions or any other content of the Publication are for the sole risk of the owner of the account being traded. Subscriber understands that there is substantial risk in trading foreign currencies and other instruments with or without the Publication, and that past results are not necessarily indicative of future results. GFT and its licensor make no representation as to the suitability of the Publication for use by Subscriber. Subscriber must determine for himself or herself whether, and to what extent, use of the Publication is suitable for Subscriber.
				
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GFT may terminate the license granted by this Subscription Agreement upon a material breach of this Agreement by Subscriber that is not cured after ten days’ written notice to Subscriber. No refund will be made by GFT if the license is so terminated. GFT may immediately terminate the license granted by this Subscription Agreement for any reason, subject to GFT’s refunding the unused pro rata amount pre-paid by Subscriber for the subscription fee.
				
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* Updated each day by the early Asian trading timeframe, the Pro Commentary observes the U.S. bank and trading holiday schedule. While all efforts are made to provide analysis for each trading day, GFT or FX Strategy assumes no responsibility or liability should the commentary be updated late, only partially updated or not updated due to circumstances beyond the control of the author.

IMPORTANT NOTICE: Past results are not necessarily indicative of future results. Forex trading, even when done by a professional trader, presents substantial risk of loss, and only funds that a customer can afford to lose should be used for Forex trading. Information pertaining to programs developed by third parties, including any past performance information, has been provided by those third parties.

IMPORTANT NOTICE: GFT and FX Strategy are separate and independent companies. GFT makes the Pro Commentary of FX Strategy available to GFT’s customers as a service. However, GFT is not responsible for the Pro Commentary’s recommendations, for which FX Strategy is solely responsible. Information pertaining to programs developed by third parties, including any past performance information, has been provided by those third parties. Forex trading presents substantial risk of loss with or without the Pro Commentary as a guide.

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