Client Agreement (draft)

1. Parties and scope

This Agreement is between SFB Market Ltd ("SFB", "we"), a company registered in [COUNTRY] under number [XXXXX] and licensed by [REGULATOR] under licence [XXXXX], and you, the client. It governs every trading account you open with us and every transaction on it.

2. Eligibility

You are at least 18 years old and legally able to enter this Agreement.
You are not a resident of a restricted jurisdiction (Schedule A).
You are acting on your own behalf, not for an undisclosed third party.
You have completed our identity and address verification.

3. Services

We provide execution-only trading in contracts for difference (CFDs) on foreign exchange, metals, indices, energies, shares and cryptocurrencies via the MetaTrader 5 platform. We do not provide investment advice. Any market commentary is general information only.

4. Client money

Your funds are held in segregated client bank accounts at [BANK], separate from SFB's own money, and are not used for our business purposes. Interest on client money is retained by SFB unless stated otherwise.

5. Orders and execution

Orders are executed in accordance with our Order Execution Policy. Prices are indicative until filled. Requotes do not apply to market execution; slippage, positive or negative, may occur in fast markets.

6. Margin, leverage and close-out

Leverage up to 1:200 applies on all account types. A margin call is issued at 80% margin level and positions are closed automatically at 20%. You are responsible for monitoring your margin at all times.

7. Negative balance protection

If your account balance falls below zero as a result of trading, we will reset it to zero. This protection does not apply to balances resulting from fraud, abuse or breach of this Agreement.

8. Fees

Spreads, commissions, swaps and funding costs are published on our website and in the platform and may change with notice. Third-party payment fees are passed on at cost.

9. Deposits and withdrawals

Deposits are accepted only from accounts in your own name. Withdrawals are returned to the original funding method where possible, in line with our AML/KYC Policy, and processed within one business day of approval.

10. Prohibited conduct

Latency arbitrage, abuse of pricing errors, use of stolen or third-party payment instruments, coordinated trading across accounts to exploit bonuses, and any activity that is illegal in your jurisdiction are prohibited and may result in cancellation of trades and closure of the account.

11. Risk acknowledgement

You confirm that you have read the Risk Disclosure and understand that CFDs are leveraged products on which you can lose your entire deposit.

12. Complaints and disputes

Complaints are handled under our Complaints Procedure. If you remain dissatisfied, you may refer the matter to [REGULATOR / ombudsman].

13. Termination

Either party may terminate this Agreement with [X] days' written notice. Open positions will be closed and remaining funds returned, subject to verification.

14. Governing law

This Agreement is governed by the laws of [COUNTRY]. The courts of [COUNTRY] have exclusive jurisdiction.

Schedule A — Restricted jurisdictions

[United States, Canada, Japan, Iran, North Korea, Syria, Cuba, Sudan, Myanmar and any jurisdiction subject to UN, EU, UK or US sanctions, or where CFDs are prohibited. Reviewed quarterly.]