V1 - s2.gkfxcdn.com · I accept and understand the GKFX Financial Services Ltd Terms of Business. I accept and understand the GKFX Financial Services Ltd Risk Warning

GKFX Financial Services Ltd Bevis Marks House, 24 Bevis Marks, London EC3A 7JB

T: +44 (0) 207 186 1250 F: +44 (0) 207 186 1251

www.gkfx.com [email protected]

Authorised and regulated by the Financial Conduct Authority. FCA Registration Number 501320, Registration Number: 6837942

0 Signature V1.1

http://www.gkfx.com/en

mailto:[email protected]


T: +44 (0) 207 186 1250 F: +44 (0) 207 186 1251



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Corporate Account Application

Please read carefully the GKFX Financial Services Ltd Risk Warning and Terms of Business. GKFX is the trading name of GKFX Financial Services Ltd.

All the products offered by GKFX have financial risks and are suitable only for those who: 1. Understand and are willing to assume the risks involved, and 2. Are financially able to fund their investments adequately.

I accept and understand the GKFX Financial Services Ltd Terms of Business.

I accept and understand the GKFX Financial Services Ltd Risk Warning.

I accept and understand that we will be classified by GKFX as either a Retail Client or a Professional Client and as such the rules for client money are different and are outlined at the end of this application.

Company Information

Bank Information

Please select preferred currency: USD EUR GBP

Company Name

Registered Address

Business Address

Telephone

Email

Post Code

Post Code

Fax

Name of Bank

Address of Bank

Account Name

Sort Code/BIC

Post Code

Account Number




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Experience

To what degree has the company traded the following products over the last year?

Estimated Number of Trades

Shares 5 or less 6-20 20 +

Exchange traded derivatives (e.g. Futures etc) 5 or less 6-20 20 +

OTC derivatives (e.g. CFDs or Spread Betting) 5 or less 6-20 20 +

Foreign Exchange 5 or less 6-20 20 + How many years of experience has your company had trading the following products? Shares 1 or less 1-5 5 +

Exchange traded derivatives (e.g. Futures etc) 1 or less 1-5 5 +

OTC derivatives (e.g. CFDs or Spread Betting) 1 or less 1-5 5 +

Foreign Exchange 1 or less 1-5 5 +

Do the officers of the company, who will be making trading decisions, have any experience or qualifications that will help you in understanding our services?

Occupational experience: We have a good understanding of leveraged derivatives through working in the

financial sector.

Qualifications: We have a good understanding of leveraged derivatives through a professional qualification and/or education.

We have used the Demo platform to gain experience of trading GKFX products.

Please tick if your investment portfolio, including cash and other financial instruments exceeds €500,000.

Please tick if your balance sheet greater than €20,000,000.

Please tick if your turnover greater than €40,000,000.

Please tick if you have company funds greater than €2,000,000.

If there any other factors regarding experience that would help with this application then please state them below.




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Directors Details

Anti-Money Laundering

Directors Declaration

Director 1 / Sole Director

Name of Director

Residential Address

Date of Birth

Post Code

Director 2

Name of Director

Residential Address

Date of Birth

Post Code

History

Are any of the current or previous Directors bankrupt, or have they been bankrupt in the past.

Regulation

Please tick if your company is regulated by the FCA, or equivalent, in whatever jurisdiction that you are based, and state the name of the regulator and registration number below.

Regulator Reg Number

Your company policies and procedures (tick where relevant).

Do you have an active anti-money laundering (AML) policy?

Do you provide your employees with AML training?

Do you carry out full KYC (Know your Customers) checks on your clients?

Do you have policies in place covering PEP’s (Politically Exposed Persons)?

Do you have enhanced due diligence for your high risk clients?

Details of shareholdings of 25% or more (Further details may be required):

Name %

Name %

Name %

Name %




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Directors Declaration

CERTIFIED BOARD RESOLUTION

It is hereby certified by the board of _________________________________ (the ‘Company’) that I, ____________ ______________, the Company Secretary, certify that the following resolutions were passed by the board of Directors at a meeting held on ___________________ Resolutions Passed

1. That a trading account should be opened with GKFX Financial Services Ltd (GKFX), in the name of the Company. 2. That the account is to be used for the purpose of transacting Foreign Exchange (both deliverable and nondeliverable)

and CFD’s. 3. That the board agrees to the Terms of Business of GKFX. 4. That the signatories below are duly authorised to commit the Company to such an agreement, and that the Company

will be bound by any trading decisions it makes. 5. That this resolution will be deemed to be in force until such time as it is cancelled by the board and GKFX have been

informed and acknowledged said information.

Other Director’s Specimen Signatures

Two authorised company signatories are required as well as a Certified Board Resolution (where possible)

Name

Signature

Date

Directors

Name

Signature

Name

Signature

Date

Date

Company Secretary

Name

Signature

Date




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SUPPORTING DOCUMENTATION

• Certificate of Incorporation • Memorandum and Articles of Association • Proof of business address (copy of utility bill) • Proof of registered address (copy of document with company name) • Copy of passports for previously named directors • Proof of residential address for preiviously names directors • Authorised signatures list • Copy of register of shareholders

CLIENT CLASSIFICATION

Once you have submitted your application GKFX will write to you informing you of your Client Classification. This will be based upon the information you have supplied in this application. You will either be classed as a Retail Client, a Professional Client or an Eligible Counterparty. You will need to read and agree to the terms of the classification, and then return a signed copy to us. RETAIL CLIENT All clients, by default, are classified as Retail Clients unless notified otherwise. As a Retail Client you are afforded the greatest level of protection from the Financial Conduct Authority (FCA), the Financial Ombudsman Service (FOS) and the Financial Services Compensation Scheme (FSCS). All your funds are held in a segregated bank account in line with FCA Client Money Rules and as stipulated in our Terms of Business. PROFESSIONAL CLIENT A Professional Client can either be categorised as a ‘Per Se Professional’ or an ‘Elective Professional’ but they both mean the same thing in terms of the protection afforded to you with regards to client money. Per Se Professional: Either a regulated Investment firm, an intuitional investor whose main activity is investing/speculating in financial products or a corporate who satisfies two of the following: Balance sheet greater than €20m, turnover greater than €40m or company funds greater than €2m. Elective Professional: Someone who satisfies two of the following: Has traded at least 10 times in relevant financial markets per quarter over the previous year, has a portfolio and cash investments totalling more than €500,000 and has worked in the financial sector for at least a year and gained knowledge in the financial products to be traded. As a Professional Client, when you transfer money to us, or money is paid to us on your behalf, to the extent that we reasonably determine that the amount of money you have transferred to us is required as collateral to cover your obligations to us including, present or future, actual or contingent or prospective obligations, without further notice from us, you acknowledge and agree that full ownership of the money so determined as collateral by us is transferred to us for the purpose of covering your obligations under or in connection with your account with GKFX from time to time known as the 'title transfer collateral arrangement'. The FCA Client Money Rules will not apply to monies transferred under this arrangement and you will not have a proprietary claim over such money and we can deal with it as our own. Also as a professional client you may not be covered by the Financial Services Compensation Scheme (FSCS) which would have guaranteed up to £50,000 of deposits or the Financial Ombudsman Service (FOS) for any disputes. ELIGIBLE COUNTERPARTY This is in essence any large financial company and can be divided into two sub categories as above, being a Per Se Eligible Counterparty or an Elective Eligible Counterparty. In the event your company falls into this category then a bespoke agreement will be made.



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V1 - s2.gkfxcdn.com · I accept and understand the GKFX Financial Services Ltd Terms of Business. I accept and understand the GKFX Financial Services Ltd Risk Warning