Introduction:

This Agreement establishes the contractual relationship between Ascends Global Markets Limited (hereinafter referred to as “Ascends Global”, “we”, “us” or “our”) and the client (the “Client”, “you” or “your”). Ascends Global Markets Limited is a company duly registered under the authority of Saint Lucia with registration number 2025-00020.

Ascends Global provides a professional trading platform and related services, offering access to Forex, Indices, Commodities, Equities, Treasuries, and Contracts for Difference (CFDs) to retail and professional clients worldwide. By opening an account or using our services, the Client acknowledges and accepts the terms and conditions governing this relationship, as set out in this Agreement and related policies including our Risk Warning, Privacy Policy, Website disclaimer, Payment Terms & All other policy mentioned in the website or CRM.

Trading in financial instruments such as Forex, CFDs, Options, Futures, Commodities, and Equities involve a high level of risk, including the possibility of losing more than your initial investment. It is the Client’s responsibility to carefully consider their financial objectives, level of experience, and risk tolerance before engaging in such trading activities. Ascends Global does not provide financial, tax, or legal advice, and any information provided should not be interpreted as investment advice. Clients are strongly encouraged to seek independent professional advice before making trading decisions.

Ascends Global Markets Limited does not provide services to citizens or residents of certain restricted jurisdictions, including but not limited to the United States, Cuba, Iraq, Myanmar, North Korea, and Sudan, or to individuals in any jurisdiction where our services would contravene applicable laws or regulations.

By proceeding with this Agreement, the Client confirms that they understand the nature of the services offered, the risks involved and agree to be bound by the terms governing their trading relationship with Ascends Global Markets Limited.

Important Information and Client Notices:

Trading with Ascends Global Markets Limited (“Ascends Global”, “we”, “us”, or “our”), a company incorporated under the authority of Saint Lucia, involves financial products that are primarily conducted in the Over the Counter (“OTC”) markets. Unlike transactions on a centralized and regulated exchange, OTC trading means that your positions in Forex, Contracts for Difference (CFDs), Futures, Options, Commodities, Indices, Treasuries, and other derivatives are entered into directly with us as counterparty. Because OTC transactions are not executed on a regulated exchange, there are no guarantees as to the creditworthiness of the counterparty. Liquidity may also fluctuate, and under certain market conditions the ability to open, adjust, or liquidate positions may be significantly reduced. This could result in substantial financial losses, including the inability to close adverse positions in a timely manner. Clients must therefore carefully evaluate whether they have the financial capacity and risk tolerance to participate in such trading.

Ascends Global does not provide investment, tax, legal, or financial advice of any kind. All research, market analysis, trading signals, commentary, educational materials, or recommendations made available on our website, platform, or through third-party providers are of a general informational nature only. Such information may be based on sources believed to be reliable, but we do not guarantee its accuracy, completeness, or timeliness. Any decision to enter a transaction remains solely the responsibility of the Client. Information provided by us should not be interpreted as a personal recommendation or solicitation to buy or sell financial instruments. Clients should assess independently whether trading is appropriate for their circumstances and, where necessary, seek independent advice from a qualified financial professional.

By maintaining an account with Ascends Global, you confirm that all trades and instructions are carried out strictly at your discretion and with your authorization. Ascends Global does not permit its representatives, employees, or affiliates to exercise discretion, manage, or operate your trading account on your behalf unless expressly authorized under a separate written agreement. If you become aware of any trading activity on your account that was not authorized by you, it is your responsibility to notify us immediately.

Certain positions may require you to provide margin or collateral in order to open or maintain them. Margin requirements are subject to change at any time due to market volatility, risk management considerations, or updates to our trading policies. If the value of your account falls below the required margin, you may be issued a margin call requiring additional funds. If you fail to meet this requirement promptly, Ascends Global reserves the right, at its sole discretion, to close out part or all of your open positions without prior notice. This may result in significant losses, and you may be left with a negative balance, for which you remain fully responsible.

Clients are also required to carefully review all account statements, execution reports, and transaction summaries provided electronically through our platform. Unless we receive a written objection within two business days of such reports being posted, they will be deemed final, accurate, and binding. Objections may be initiated by email or telephone but must be confirmed in writing thereafter.

Ascends Global may, from time to time, establish and revise rules and provisions applicable to client accounts. These may include but are not limited to minimum account balances, maximum or minimum trade sizes, applicable commissions, spreads and fees, leverage limits per instrument, stop-loss and limit order conditions, rollovers and financing policies, margin requirements, and other financial arrangements. Such rules and provisions may be updated at our discretion, and any changes will take effect once published on our website or trading platform.

By entering into this Agreement and engaging in trading with Ascends Global, you confirm that you have read, understood, and accepted the substantial risks involved in OTC trading. You acknowledge that you are solely responsible for making all trading and investment decisions in your account, that you have considered your present and anticipated financial resources before engaging in trading, and that you are willing and able to assume the risk of loss, which may exceed your initial investment. You further acknowledge that you have reviewed the Risk Warning, Website disclaimer, Privacy Policy, and these Terms and Conditions, and that you accept the obligations and responsibilities they impose upon you.

It is your responsibility to ensure that you obtain and understand all necessary information about trading in Forex, CFDs, Futures, Options, Commodities, and other derivatives as offered by Ascends Global. You must fully review our policies, margin requirements, fees, and trading conditions, and make sure that all risks and arrangements are clearly understood prior to engaging in any trading activity.

The use of paragraph headings, section titles, or captions within this Agreement is strictly for ease of navigation and reference. They are provided to help Clients locate specific provisions quickly and to enhance readability; however, such headings shall not in any way define, interpret, limit, or alter the scope, construction, or meaning of the terms and conditions contained herein. Each provision of this Agreement must be understood and enforced in its full context, independent of any headings or formatting, and the rights and obligations of the parties shall be determined solely by the substantive text of the clauses and not by the placement, title, or description of any section.

1. Communications:

1.1 The primary method of communication between Ascends Global Markets Limited (“Ascends Global”, “we”, “us”, or “our”) and the Client will be conducted electronically. This includes, but is not limited to, messages and notifications via our official website, secure online trading platforms, and other authorized digital channels. Such electronic communications are deemed to have the same legal effect as if they were provided in writing.

1.2 All account-related information, including trade confirmations, order executions, account statements, and important notices, will be delivered directly to the Client through their secure account area or via the email address provided during the registration process. The Client is responsible for ensuring that their contact details are accurate and kept up to date at all times.

1.3 General communications, such as service announcements, risk warnings, market updates, and educational material, may be published on our website or distributed by email. By agreeing to these Terms and Conditions, the Client expressly consents to receiving such information electronically and acknowledges that they have regular and reliable access to the internet.

1.4 The Client may contact Ascends Global for assistance, inquiries, or account-related matters through the following official channels:

• Email: support@ascendsglobal.com
• Direct WhatsApp Contact: as provided on our official website
• Telephone: where applicable, details will be made available on our website.

1.5 All formal written communications from Ascends Global to the Client will be provided in the language selected at the time of account registration. While translations may be offered for convenience, the original version of the Agreement or communication in the registered language shall prevail in the event of any inconsistency.

1.6 The Client acknowledges and agrees that it is their responsibility to regularly monitor their email, online trading account, and our official website for notices, updates, and reports. Any communication sent by Ascends Global to the Client using the contact details provided shall be considered validly delivered, regardless of whether the Client has accessed or reviewed such communication.

2. Appropriateness of Trading:

2.1 Ascends Global Markets Limited (“Ascends Global”) may from time to time provide clients with general market commentary, updates, educational materials, or trading-related information. However, such information is provided strictly on a non-reliance basis and must not be interpreted as personal investment advice, financial guidance, or a recommendation to enter into any particular transaction.

2.2 Ascends Global does not assess the suitability or appropriateness of trading activities for individual Clients, nor are we obliged to consider your financial circumstances, trading objectives, risk tolerance, or prior experience. All trading decisions made on your account are entirely your responsibility and represent your independent judgment.

2.3 By entering into transactions with Ascends Global, you acknowledge and accept that:

• You have sufficient knowledge and understanding of the risks associated with trading in financial instruments such as Forex, CFDs, Commodities, Equities, Indices, Treasuries, and other derivative products.
• You are solely responsible for determining whether such trading is appropriate in light of your personal financial resources, objectives, and level of expertise.
• You will not rely on Ascends Global, its employees, representatives, or affiliates for investment, legal, or tax advice.

2.4 Any reliance you place on market information, reports, forecasts, or signals made available by Ascends Global or third-party providers is at your own risk. While such information may be based on sources deemed reliable, Ascends Global does not guarantee its accuracy, timeliness, or completeness, and it may not reflect the actual market position or strategies of Ascends Global or its personnel.

2.5 You further confirm that you are aware of, and willing to accept, the significant risks involved in trading over-the-counter (OTC) financial instruments, including the possibility of losing all or more than your initial investment. Engaging in trading with Ascends Global is undertaken on a fully voluntary basis, with the understanding that the responsibility for profits, losses, and the management of risks rests entirely with you as the Client.

3. Account Opening

3.1 Requirement to Open an Account
No Client shall be permitted to place Orders or enter any Transactions with Ascends Global Markets Limited (“Ascends Global”) unless and until a trading account has been duly opened, verified, and approved.

3.2 Verification of Information
The Client must provide complete, accurate, and up-to-date personal, financial, and identification information as required during the account opening process. Ascends Global reserves the right to request additional information or documentation to verify the Client’s identity or financial status.

3.3 Funding Requirement
An account will only be activated once the Client has deposited the required initial funds or margin, which have been successfully cleared. Until such funds are received and cleared, no trading activity may be conducted and Ascends Global shall not be obliged to act upon any Orders submitted by the Client.

3.4 Right of Refusal
Ascends Global reserves the absolute discretion to decline any account application, without providing reasons. Notification of any refusal shall be communicated promptly to the Client. Such refusal shall not give rise to any liability on the part of Ascends Global.

3.5 Effectiveness of Account
The account shall be deemed officially opened and this Agreement shall take full effect upon completion of the verification process and receipt of cleared funds or margin. Prior to this, Ascends Global is under no obligation to accept or execute any instructions submitted by the Client.

3.6 Client Representations
By submitting an account application, the Client represents and warrants that all information provided is truthful and accurate. The Client acknowledges that any misrepresentation or failure to provide requested information may result in rejection of the application.

4. Margins and Deposit Requirements:

4.1 The Client shall provide and maintain such margin, collateral, or funds with Ascends Global Markets Limited (“Ascends Global”, “we”, “us”, or “our”) as Ascends Global, at its sole discretion, determines necessary. This may include both initial margin and ongoing maintenance margin requirements to support open positions in any financial instrument offered by Ascends Global.

4.2 The Client is solely responsible for continuously monitoring their account to ensure that sufficient equity is available to meet all margin obligations and must always maintain such equity without reliance on prior notice, reminder, or demand from Ascends Global.

4.3 Ascends Global shall have full discretion to determine the value of positions, assets, or securities in a Client’s account for the purpose of assessing compliance with margin requirements. Such valuations may differ from market prices disseminated by exchanges, brokers, or other sources of market data.

4.4 Ascends Global may, at its sole discretion, modify margin requirements for any existing or new positions, for any instrument, and for any Client, with or without prior notice. Such modifications may occur in anticipation of market volatility, earnings announcements, or changes in exchange, clearing house, or regulatory requirements.

4.5 The Client agrees to promptly provide any additional margin, funds, or collateral requested by Ascends Global through wire transfer or other approved methods.

4.6 Ascends Global reserves the right to limit the number, size, or type of open positions a Client may hold. Orders may be rejected or delayed if the Client’s account does not satisfy margin requirements. Clients must allow sufficient time for margin calculations when submitting orders.

4.7 Profits from open positions shall be credited to the Client’s account as additional margin. Upon closure of such positions, profits shall be reflected in the available balance for withdrawal. Any losses incurred shall be immediately deducted from the Client’s account.

4.8 The Client acknowledges that trading on margin involves a high level of risk, including the potential to lose more than the initial investment. It is the Client’s responsibility to fully understand the margin requirements, risks associated with leveraged trading, and the possible consequences of failing to maintain required margin levels.

4.9 Any failure by Ascends Global to enforce its rights under this Section shall not constitute a waiver of such rights, which may be exercised at any time in accordance with these Terms and Conditions.

5. Margin Requirements and Position Liquidation:

5.1 Purpose of Margin
Clients trading with Ascends Global Markets Limited (“Ascends Global”, “we”, “us”, or “our”) are required to maintain sufficient margin in their accounts to support open positions in all instruments offered, including Forex, CFDs, Options, Futures, Commodities, Indices, and Equities. Margin serves to cover potential losses, protect the Client and Ascends Global, and ensure orderly execution of trades.

5.2 Client Responsibilities
5.2.1 Clients are responsible for ensuring their accounts contain sufficient funds at all times to meet margin requirements.
5.2.2 Clients must actively monitor their account balances, open positions, and overall equity to prevent insufficient margin situations.
5.2.3 Clients acknowledge that trading on margin involves significant financial risk, including the potential loss of more than the initial deposit, and accept full responsibility for their trading decisions.

5.3 Monitoring Margin and Account Status
5.3.1 Ascends Global provides Clients with real-time account information through the trading platform (MT5), including:

• Equity: Total account balance including unrealized profits and losses.
• Used Margin: Funds allocated to current open positions.
• Free Margin: Available funds to open new positions or absorb losses.
• Margin Level (%): Ratio of equity to used margin expressed as a percentage.
  
  

5.3.2 Clients must regularly review these indicators to assess margin sufficiency and take corrective action if required.
5.3.3 Maintaining a buffer above required margin is recommended to avoid forced liquidation due to market volatility.

5.4 Liquidation Triggers
5.4.1 Ascends Global may initiate partial or full liquidation of Client positions if account equity falls below the required margin or if open positions are anticipated to create a margin shortfall.
5.4.2 Liquidation may also occur if market conditions, internal risk assessment, or other factors indicate that it is necessary to protect Ascends Global or other Clients.
5.4.3 Clients acknowledge that liquidation may occur automatically or manually and may be executed with or without prior notice, depending on the circumstances.

5.5 Liquidation Procedures
5.5.1 The selection and order of positions to be liquidated is at the sole discretion of Ascends Global.
5.5.2 Positions may be liquidated in part or in full, and clients cannot choose which positions are closed.
5.5.3 Any profits or losses resulting from liquidations will be reflected in the Client’s account immediately.
5.5.4 Liquidation is intended to prevent negative account balances and ensure compliance with margin requirements.

5.6 Margin Calls
5.6.1 Ascends Global may issue a margin call when account equity falls below the required margin.
5.6.2 Clients are expected to respond promptly by depositing additional funds using approved methods, including wire transfer, electronic payment, or other channels designated by Ascends Global.
5.6.3 Failure to respond to a margin call may trigger partial or full liquidation in accordance with this Policy.

5.7 Reporting and Support
5.7.1 Clients can access real-time account statements, margin information, and liquidation history through the MT5 platform.
5.7.2 Any discrepancies, concerns, or questions regarding margin or liquidation should be reported immediately via support@ascendsglobal.com or the direct WhatsApp contact listed on our website.
5.7.3 All liquidation actions are documented by Ascends Global for audit, compliance, and risk management purposes.

5.8 Risk Awareness
5.8.1 Clients acknowledge that leveraged trading carries substantial financial risk and that liquidation may result in realized losses.
5.8.2 Clients are responsible for understanding the risks, the purpose of margin, and the procedures for liquidation.

5.9 Amendments and Updates
5.9.1 Ascends Global reserves the right to amend this Policy at any time to reflect changes in market conditions, risk management practices, or internal procedures.
5.9.2 Clients will be notified of material changes via email, website notice, or other communication channels.

5.10 Governing Authority
5.10.1 This Policy forms part of Ascends Global’s risk management framework and applies consistently to all Client accounts.
5.10.2 Compliance with this Policy is mandatory for all Clients and enforceable in accordance with the Terms and Conditions governing Client accounts.

6. Authorization to Trade:

6.1 Clients authorize Ascends Global Markets Limited (“Ascends Global”, “we”, “us”, or “our”) to execute trades in all financial instruments offered, including Forex, CFDs, Options, Futures, Commodities, Indices, and Equities, solely based on instructions provided by the Client via approved communication channels, including electronic, written, or oral instructions, in accordance with this Agreement.

6.2 Ascends Global may act as an intermediary or execution agent in its own name for the Client’s account. Trades may be executed through brokers, clearing members, counterparties, banks, exchanges, or other third parties. Clients acknowledge that any third-party intermediaries engaged by Ascends Global act independently, and Ascends Global is not responsible for their performance.

6.3 Upon account activation, Clients will receive a secure password to access their trading account. Clients are responsible for maintaining the confidentiality of their login credentials and must prevent unauthorized access. Ascends Global will consider any instruction received using the Client’s credentials to be authorized by the Client.

6.4 Clients are solely responsible for all trading decisions and instructions provided to Ascends Global. Ascends Global shall not be liable for any losses arising from trades executed in accordance with Client instructions or apparent authority.

6.5 For joint accounts, any owner may provide instructions and Ascends Global may act on such instructions without further verification. Ascends Global may request joint authorization for specific transactions at its discretion. Upon written notification of the death of any account holder, appropriate documentation must be submitted, and the account will be managed according to applicable legal and regulatory requirements.

6.6 Ascends Global may send account statements, notices, and other communications to any one holder of a joint account, or to the individual Client in the case of single accounts. Clients must notify Ascends Global promptly of any changes in account ownership or legal status.

7. Orders and Execution Policy:

7.1 Clients acknowledge that all Orders placed through Ascends Global Markets Limited (“Ascends Global”, “we”, “us”, or “our”) are subject to market conditions, system availability, and liquidity provided by counterparties. Ascends Global operates on an execution-only basis and does not guarantee that Orders will be executed at the exact price requested.

7.2 Slippage may occur when executing Orders. Slippage is the difference between the requested price and the price at which the Order is filled. It can be positive (executed at a better price) or negative (executed at a worse price). Slippage is a common feature of trading, particularly during high volatility, low liquidity, market gaps, or when markets react to major events or news. Clients accept that slippage is a normal part of trading and cannot be entirely avoided.

7.3 Pending Orders, such as Stop Loss and Take Profit, may not always be executed at the declared level. In such cases, the Order will be executed at the next available market price. Ascends Global does not guarantee execution at specific prices but commits to executing Orders at the best price available under prevailing market conditions.

7.4 Market Orders are executed at the current available market price, with financial instruments purchased at the Ask price and sold at the Bid price. Clients may attach Stop Loss and Take Profit instructions to Market Orders.

7.5 A Take Profit Order is intended to secure profit when an instrument reaches a specific level. Once triggered, the position will close automatically at the first available market price. Execution is based on the Bid price for long positions and the Ask price for short positions.

7.6 A Stop Loss Order is intended to limit losses if an instrument moves unfavorably. Once triggered, the position will be closed automatically at the first available market price. Execution is based on the Bid price for long positions and the Ask price for short positions.

7.7 Clients acknowledge that during fast-moving or illiquid markets, Stop Loss and Take Profit Orders may be subject to slippage. As a result, the final executed price may differ from the specified price, which could increase potential losses or reduce expected profits.

7.8 Clients are responsible for monitoring their open positions, pending Orders, and account equity at all times. Ascends Global will not be liable for losses resulting from slippage, delayed execution, rejected Orders, or execution at unfavorable prices, except where such losses are directly caused by gross negligence or willful misconduct by Ascends Global.

7.9 Ascends Global reserves the right to reject any Order, in whole or in part, under the following circumstances:

• Insufficient funds or margin in the Client’s account to support the Order.
• Abnormal market conditions, such as lack of liquidity or extreme volatility.
• Technical or system failures affecting Order transmission or execution.
• Suspicion of abusive trading practices including, but not limited to, latency arbitrage, price manipulation, or unauthorized automated trading systems.
• Breach of Terms and Conditions, including restrictions on certain products or trading activity.

7.10 In the event of rejection, Ascends Global will endeavor to notify the Client as soon as reasonably practicable. However, the Company bears no liability for losses or missed opportunities arising from rejected or unexecuted Orders.

7.11 By entering into this Agreement, Clients confirm that they fully understand and accept the risks associated with order execution, including slippage, partial fills, delayed execution, rejected Orders, and execution at prices different from the levels requested.

8. Market Abuse Policy:

8.1 Ascends Global Markets Limited (“Ascends Global”) operates under a strict zero-tolerance with respect to market abuse. Clients are expressly prohibited from engaging in any trading activity that may be deemed manipulative, unlawful, abusive, or contrary to applicable laws, regulations, or the internal policies of Ascends Global. Prohibited practices include, but are not limited to, price manipulation, latency arbitrage, use of unauthorized automated trading tools or scripts, coordinated trading with the intent to distort market prices, or any action designed to exploit system delays, off-market rates, or technical malfunctions.

8.2 Ascends Global reserves the unconditional right, at its sole discretion, to investigate, suspend, or permanently close any Client account found to be, or reasonably suspected of being, involved in market abuse. This may be carried out with or without prior notice to the Client. Ascends Global may also reverse, adjust, or cancel any affected transactions, reclaim any profits obtained unlawfully, and reinstate positions at the correct prevailing market price if deemed necessary.

8.3 Clients acknowledge that during periods of high volatility, gapping markets, or limited liquidity, Orders may not be executed at the requested level and may instead be filled at the next available market price. This may result in losses greater than the amount initially intended. Ascends Global shall not be held responsible for such occurrences.

8.4 If off-market prices are identified, whether due to delays, errors, or abnormal market conditions, Ascends Global reserves the right to cancel or amend the affected Orders. Such adjustments shall be binding and final.

8.5 Clients understand that any attempt to dispute legitimate slippage, requotes, or execution delays in bad faith may be treated as a form of abuse. Ascends Global may, at its discretion, restrict trading activity, impose additional requirements, or terminate the Client relationship entirely.

8.6 By entering these Terms and Conditions, Clients acknowledge and agree that Ascends Global may take immediate and decisive action, including permanent account closure and legal proceedings where applicable, in the event of any breach of this Market Abuse Policy. No tolerance will be extended for activities that compromise the integrity of the markets, the trading platform, or the Company’s reputation.

9. Widened Spreads Policy:

9.1 The Client acknowledges that spreads offered by Ascends Global Markets Limited (“Ascends Global”) are variable and may widen significantly under certain market conditions. Spreads may become substantially larger during times of increased volatility, reduced liquidity, or major economic and news events.

9.2 The Client understands that widened spreads can directly impact both new and existing positions, including hedged positions, and may result in higher trading costs, reduced profits, or increased losses. The Company strongly advises Clients to exercise caution when trading during periods of heightened market activity, as spreads are subject to change without notice.

9.3 All price quotes provided by Ascends Global are valid only at the moment they are displayed on the trading platform. Quotes are subject to immediate change based on prevailing market conditions, liquidity levels, and other external factors beyond the Company’s control.

9.4 The Client accepts that the cost of opening or closing out a position may fluctuate depending on the market spread and the Company’s quoted price at the time of execution. Ascends Global does not guarantee fixed spreads and shall not be liable for any losses incurred as a result of widened spreads.

9.5 By trading with Ascends Global, the Client acknowledges and agrees that spread widening is an inherent risk of leveraged trading, particularly during news announcements, market openings, or periods of extreme volatility.

10. Leverage and Associated Risks:

10.1 The Client acknowledges that trading with leverage involves a high degree of risk and may not be suitable for all investors. Leverage allows the Client to control positions of greater value than the funds deposited, which can amplify both potential profits and potential losses.

10.2 The Client understands that while leverage may increase the opportunity for gain, it also increases the likelihood of significant losses, which may exceed the initial deposit. In adverse market conditions, highly leveraged positions can result in the rapid depletion of available equity. The specific leverage available to the Client may vary depending on account type, trading instrument and market conditions.

10.3 The Client is solely responsible for monitoring the risks associated with leveraged positions and is strongly advised to use leverage cautiously. Clients should fully understand how leverage operates and should not engage in leveraged trading unless they have adequate knowledge, experience, and risk tolerance.

10.4 The Client acknowledges that Ascends Global may, at its sole discretion and without prior notice, adjust leverage ratios or reduce maximum leverage levels in response to market volatility, liquidity conditions, or other risk-related factors.

10.5 The Client accepts that the use of leverage may lead to margin calls or automatic liquidation of positions if the required margin is not maintained. The Company shall not be held liable for any losses arising from the Client’s failure to meet margin obligations.

10.6 By entering into leveraged transactions with Ascends Global, the Client confirms that he/she/it fully understands the risks associated with leverage and accepts complete responsibility for the outcome of all leveraged positions.

11. Margin Call and Stop Out Policy:

11.1 The Client acknowledges and agrees that trading in leveraged financial instruments involves the use of margin, which requires the Client to maintain sufficient equity in their account at all times. Failure to do so may result in a margin call or automatic liquidation (“stop out”).

11.2 A margin call occurs when the Client’s account equity falls below the required maintenance margin set by Ascends Global. In such circumstances, the Client is obligated to immediately deposit additional funds or reduce exposure in order to restore the account to the required margin level. Ascends Global is not obliged to provide prior notice before issuing a margin call and may, at its discretion, proceed directly to liquidation.

11.3 A stop out is the automatic closure of one or more open positions by the trading platform when the Client’s equity falls to or below the pre-defined stop out level. This process is designed to protect both the Client and Ascends Global from further losses that exceed the available margin. The Client accepts that stop out levels are set by Ascends Global in accordance with its risk management policies and may vary across instruments or account types.

11.4 The Client understands that during periods of high market volatility, slippage, illiquidity, or rapid price movements, positions may be closed at a less favorable price than anticipated, resulting in greater losses. Ascends Global shall not be held responsible for any losses, direct or indirect, arising from the occurrence of a margin call or stop out.

11.5 The Client acknowledges that it is solely their responsibility to monitor account balances, margin levels, and exposure at all times. The Client further agrees that reliance on margin call notifications, whether electronic or otherwise, does not absolve them of this responsibility.

11.6 Ascends Global reserves the right, at its sole discretion, to change margin call and stop out levels, whether temporarily or permanently, in response to prevailing market conditions, liquidity factors, or internal risk policies. Clients will be deemed to have accepted any such changes by continuing to maintain open positions thereafter.

11.7 The Client agrees that Ascends Global is under no obligation to reinstate any liquidated position, nor to reimburse the Client for any losses arising from automatic stop outs. Profits and losses resulting from margin calls and stop outs remain the sole responsibility of the Client.

12. Risk Acknowledgment:

12.1 The Client acknowledges that investments in leveraged and non-leveraged transactions, including but not limited to Contracts for Difference (CFDs), are speculative, involve a high degree of risk, and may not be suitable for all investors. Such transactions are appropriate only for persons who are financially able to assume the risk of loss in excess of their initial margin deposit. Trading in CFDs may result in significant losses that can substantially exceed the Client’s original investment and margin deposit.

12.2 The Client understands and agrees that Ascends Global Markets Limited (“Ascends Global”) does not guarantee any profits or freedom from loss. The Client represents and warrants that he/she/it is willing and able, financially and otherwise, to assume the risks associated with trading CFDs. The Client agrees not to hold Ascends Global responsible for any losses incurred. The Client acknowledges that no such guarantees or assurances have been provided by Ascends Global or any of its representatives.

12.3 Where a Client is introduced to Ascends Global through a third-party introducer, introducing broker (IB), referral partner, call centre, or any other agent (collectively, “Agents”), the Client acknowledges that such Agents are independent of Ascends Global. Any promises, assurances, or offers—such as the provision of trading signals, strategies, financial advice, or guaranteed profits—are not authorized, endorsed, or provided by Ascends Global. Ascends Global bears no responsibility or liability for any representations, commitments, or services offered by such Agents. Clients are strongly advised to exercise caution and perform their own due diligence when dealing with third parties.

12.4 The Client acknowledges that their rights to money held in segregated client accounts, where applicable, may be affected by:
(i) the insolvency of the relevant bank, or
(ii) the insolvency of a third party to whom funds have been transferred for margin or settlement purposes.

12.5 Client money may be held on the Client’s behalf with an intermediate broker, a credit institution, a regulated market, a multilateral trading facility, a settlement agent, a clearing house, a payment institution, or an OTC counterparty located either within or outside the Client’s home jurisdiction. The legal and regulatory regimes applying to such persons may differ from those applicable in the Client’s home country. In the event of insolvency or equivalent failure of that person, the Client’s money may not be afforded the same protections as if it were held in a fully segregated account under stricter regulatory regimes.

12.6 In certain cases, money passed to a third party may be held in an omnibus account, meaning it may not be possible to separate the Client’s funds from those of other clients or the third party. In the event of insolvency or other analogous proceedings in relation to that third party, Ascends Global may only have an unsecured claim against the third party on behalf of the Client. The Client will therefore be exposed to the risk that the funds recovered by Ascends Global are insufficient to fully satisfy the Client’s claims. Ascends Global does not accept any liability or responsibility for any resulting losses.

12.7 The Client acknowledges that there is no investor compensation scheme, insurance protection, or other statutory safeguard in place that would guarantee the return of Client funds in the event of the insolvency of Ascends Global, its banking partners, or any third parties with whom Client funds may be held.

12.8 Ascends Global does not provide trading signals, managed accounts, or guaranteed returns of any kind. Any such offers made by third-party introducers, IBs, call centres, or agents are independent of Ascends Global and are not part of the Company’s services.

13. Disclosure of Financial Information:

13.1 The Client represents and warrants to Ascends Global Markets Limited (“Ascends Global”) that the financial information provided to Ascends Global is a true, accurate, and complete representation of the Client’s current financial condition.

13.2 The Client confirms that he/she/it has carefully considered the portion of assets that can be identified as risk capital. Risk capital is defined as the amount of money the Client is prepared to put at risk in trading activities, which, if lost, would not in any way affect the Client’s lifestyle, financial obligations, or ongoing standard of living.

13.3 The Client undertakes to immediately notify Ascends Global in writing if there is any material change in the Client’s financial condition, including but not limited to a reduction in net worth, liquid assets, or risk capital, which may affect the Client’s ability to engage in trading activities.

13.4 The Client acknowledges that Ascends Global will rely upon the accuracy of the financial information provided when assessing the suitability of the Client’s account and trading activities. Ascends Global shall not be held liable for any losses arising from the Client’s failure to disclose accurate and updated financial information.

13.5 The Client understands and agrees that Ascends Global is under no obligation to verify or investigate the financial information provided by the Client. Ascends Global relies solely on the accuracy of the Client’s representations and shall not be held responsible for any misstatement, omission, or inaccuracy in the information disclosed.

14. Settlement Review, Withdrawals, and Account Closure:

14.1 Upon receipt of a withdrawal request from a Client’s trading account, including withdrawals arising from a request to close an account, Ascends Global Markets Limited (“Ascends Global”) is authorized to conduct a review of all account activity to ensure that trades have been settled properly.

14.2 Improperly settled trades may include, but are not limited to:
(i) trades executed during platform, system, or related hardware malfunctions;
(ii) trades executed at off-market pricing rates, including bad ticks, regardless of how such pricing was obtained;
(iii) trades executed during extreme or abnormal market conditions, including force majeure events.

14.3 If Ascends Global, in its sole discretion, determines that any trades were settled improperly, it reserves the right to retroactively cancel such transactions and adjust account equity prior to completing any withdrawal. Ascends Global is further authorized to collect any uncharged overnight interest, swaps, or fees, and make adjustments to the Client’s account balance if it determines that trades have violated any agreed-upon terms, conditions, warranties, or representations contained in this Agreement.

14.4 Ascends Global reserves the right to close any Client account at its sole discretion, for reasons including but not limited to inactivity, client misconduct, regulatory or legal obligations (including sanctions and anti-money laundering requirements), prohibited activities, or internal business and operational considerations. Such closure may be affected without prior notice, provided that it remains in line with applicable laws and the terms of this Agreement.

14.5 For further provisions regarding account closure and related risks, Clients should also refer to Clause 12 (Risk Acknowledgment) and Clause 13 (Disclosure of Financial Information).

15. Force Majeure:

15.1 Ascends Global Markets Limited (“Ascends Global”) shall not be held liable for any failure or delay in the performance of its obligations under this Agreement if such failure or delay results from events or circumstances beyond its reasonable control (“Force Majeure Event”). Such events may include, but are not limited to, natural disasters (such as earthquakes, floods, or fires), acts of war, civil unrest, terrorism, suspension or delay of trading, failure of communication lines, electricity outages, equipment or software failures, technical disruptions, unauthorized access, cyberattacks, theft, or any other unforeseen or extraordinary circumstances.

15.2 Where Ascends Global determines, in its sole discretion, that a Force Majeure Event exists, it may at any time, without prior notice, take one or more of the following actions:
a) Close any or all open contracts at a level deemed reasonable and appropriate in the circumstances.
b) Suspend, amend, or modify the application of any terms of this Agreement to the extent that performance is rendered impossible or impractical by the Force Majeure Event.
c) Alter the last trading time or conditions for any particular contract.
d) Take or refrain from taking such other actions as Ascends Global reasonably considers necessary or appropriate, having regard to its own positions, the Client’s positions, and the positions of other clients.

15.3 In the event of a Force Majeure Event, Ascends Global shall not be liable to the Client for any claims, losses, damages, costs, or expenses (including legal fees) incurred directly or indirectly as a result of such circumstances.

16. No Waiver or Amendment:

16.1 No term or provision of this Agreement shall be considered waived or amended unless such waiver or amendment is made in writing and signed by both the Client and an authorized representative of Ascends Global Markets Limited (“Ascends Global”).

16.2 The failure or delay by Ascends Global to exercise any right or enforce any provision under this Agreement on one or more occasions shall not be construed as a waiver of that right or provision, nor shall it prevent Ascends Global from enforcing such rights or provisions in the future.

16.3 No oral statements, agreements, or instructions shall modify, supersede, or be binding on Ascends Global unless expressly documented in writing and signed by an authorized representative.

16.4 This Agreement, together with any schedules or attachments, constitutes the entire agreement between the Client and Ascends Global regarding the subject matter herein.

17. Client Indemnification:

17.1 The Client agrees to indemnify, defend, and hold harmless Ascends Global Markets Limited (“Ascends Global”), its affiliates, subsidiaries, officers, employees, agents, successors, and assigns from and against any and all claims, liabilities, losses, damages, costs, and expenses, including legal fees, arising directly or indirectly from:
a) the Client’s failure to fully, truthfully, and timely perform any of the obligations, representations, or warranties set out in this Agreement; or
b) any misrepresentation, inaccuracy, or omission in the financial, personal, or other information provided by the Client to Ascends Global.

17.2 The Client further agrees to promptly reimburse Ascends Global for all costs, damages, and expenses (including reasonable attorneys’ fees) incurred in enforcing any of the provisions of this Agreement, or any other agreements between the Client and Ascends Global.

17.3 This indemnification obligation shall survive the termination or closure of the Client’s account and the termination of this Agreement.

18. Complaints and Electronic Communications:

18.1 Ascends Global Markets Limited (“Ascends Global”) is committed to addressing Client concerns fairly and promptly. Clients may submit complaints to Ascends Global via email at support@ascendsglobal.com or by phone using the contact details provided on our website.

18.2 Upon receipt of a complaint, Ascends Global will acknowledge it in writing as soon as reasonably practicable. While we aim to address complaints efficiently, Ascends Global does not guarantee resolution within any specific timeframe.

18.3 Complaints will be handled in accordance with Ascends Global’s internal policies. Submission of a complaint does not guarantee that any compensation, reversal of trades, or other remedial action will be provided.

18.4 Communications between the Client and Ascends Global, including electronic communications, emails, or instructions submitted through the Platform, shall be considered valid and binding. Orders or instructions transmitted electronically will be treated as evidence of the Client’s intent and agreement.

18.5 Acceptance of these Terms, or any other related documents, via electronic means such as ticking a box on the Website, submitting through email, or using the Platform, shall constitute valid evidence of the Client’s acceptance of these Terms and related documents.

19. Trading in Forex, CFDs, Options, Futures, and Spread Betting:

19.1 If the Client directs Ascends Global Markets Limited (“Ascends Global”) to enter into any Forex, CFDs, Options, Futures, or Spread Betting transactions, the Client acknowledges and agrees that:
a) Any profit or loss arising from fluctuations in the value of such instruments shall be entirely for the Client’s account and risk. This is in addition to the general trading risks outlined in Clause 12 (Risk Acknowledgment).
b) All initial and subsequent deposits for margin purposes shall be made in such currencies and amounts as Ascends Global may, in its sole discretion, require.
c) Ascends Global is authorized to convert funds in the Client’s account into and from any applicable currency at a rate of exchange determined at its sole discretion, based on prevailing market rates at the time of conversion.

19.2 The Client acknowledges that margin requirements, currency conversions, and market fluctuations may result in additional exposure or losses. The Client should ensure that the financial information provided to Ascends Global under Clause 13 (Disclosure of Financial Information) is accurate and up to date to support these transactions.

19.3 The Client further acknowledges that Ascends Global does not provide any guarantees, protections, or assurances regarding leveraged positions, margin trading, or profits in Forex, CFDs, Options, Futures, or Spread Betting. All such transactions are undertaken entirely at the Client’s own risk.

19.4 The Client understands and agrees that trading may be affected by events described in Clause 15 (Force Majeure) and that withdrawals or account adjustments may be subject to review under Clause 14 (Settlement Review, Withdrawals, and Account Closure).

20. Market Information and Recommendations:

20.1 The Client acknowledges that:
a) Any market commentary, trading signals, research, or information communicated to the Client by any means, whether from Ascends Global Markets Limited (“Ascends Global”), its affiliates, representatives, or agents, does not constitute an offer to sell, a solicitation to buy, or investment advice.
b) Such information or recommendations, although generally based on sources believed to be reliable, may reflect personal opinions and may be incomplete, unverified, or subject to change.
c) Ascends Global makes no representation, warranty, or guarantee regarding the accuracy, completeness, or reliability of any market information or recommendations provided and shall not be liable for any direct or indirect losses, including but not limited to loss of margin or profits, arising from reliance on such information.

20.2 The Client understands and agrees that they are solely responsible for evaluating the merits, risks, and suitability of any trade entered into with Ascends Global, regardless of any information or recommendations received.

20.3 The Client acknowledges that Ascends Global, its officers, directors, employees, affiliates, associates, or representatives may hold positions in, or may intend to buy or sell, financial instruments such as Forex, CFDs, Options, Futures, or Spread Betting, which may differ from any market recommendations provided to the Client.

20.4 The Client further acknowledges that Ascends Global does not provide advice or make any representations regarding the tax implications or treatment of trading activity.

21. Islamic Accounts Policy:

21.1 Clients who, due to the observance of Islamic religious beliefs, are unable to receive or pay interest may request that their trading account be designated as an Islamic Account. Islamic Accounts are structured so that no overnight interest, swaps, or rollovers are applied to positions held in the account.

21.2 Clients maintaining an Islamic Account must not engage in activities that could be considered an abuse of the Islamic Account structure or its intended benefits.

21.3 Ascends Global reserves the right, at its sole discretion, to revoke Islamic Account status or take corrective action in cases of misuse or breach of the account conditions.

21.4 Corrective actions may include, without limitation:
a) Reclassifying the Islamic Account as a standard account;
b) Retroactively adjusting account balances to reflect amounts equivalent to interest or swaps that would have applied;
c) Cancelling or adjusting transactions as necessary to enforce compliance with account terms.

21.5 Clients acknowledge and agree that any corrective actions taken under this policy are final and binding.

22. Affiliate and Introducing Broker (IB) Referral Disclosure:

22.1 Ascends Global Markets Limited (“Ascends Global”) may engage with advertising affiliates, referrers, marketing partners, or Introducing Brokers (“Referral Partners”), who are independent and separate from Ascends Global. Any agreement between Ascends Global and a Referral Partner does not create a partnership, joint venture, or employment relationship. Referral Partners act independently and are not agents of Ascends Global unless explicitly authorized in writing.

22.2 Ascends Global does not control, endorse, or verify the accuracy, completeness, or reliability of any information, advice, or representations provided by Referral Partners regarding trading in Forex, CFDs, Options, Futures, or other financial instruments. Clients are solely responsible for assessing any information received from Referral Partners.

22.3 Clients acknowledge that to trade with Ascends Global, they must open an account directly with Ascends Global. Ascends Global provides appropriate risk disclosure materials when opening accounts, and Clients should rely on these disclosures rather than any statements made by Referral Partners or third parties.

22.4 Ascends Global makes no representations, warranties, or guarantees regarding potential profits or losses arising from trading activity. Clients understand that trading in Forex, CFDs, Options, Futures, or other instruments carries a high level of risk, and past performance or third-party advice, including from Referral Partners, does not guarantee future results.

22.5 Clients further acknowledge that using trading systems, programs, courses, recommendations, or advice from Referral Partners or third parties may not prevent losses or result in profits. All trading decisions remain the responsibility of the Client.

22.6 Clients should carefully consider their financial capacity and only trade with funds they can afford to lose, given the high-risk nature of leveraged trading.

22.7 Ascends Global may compensate Referral Partners, including IBs, for introducing Clients. Such compensation may be on a per-trade, volume-based, or other basis.

22.8 Some Referral Partners may also act as Trading Agents, and using their services may result in additional costs, including markups above standard spreads.

22.9 Ascends Global shall not be responsible for any losses, damages, or liabilities arising from the Client’s reliance on any advice, recommendations, or information provided by Referral Partners, IBs, or Trading Agents.

23. Trading Agents and Third-Party Account Management:

23.1 The Client acknowledges that if they choose to grant any third party (“Trading Agent”) authority or control over their trading account, whether discretionary or non-discretionary, such decision is made solely at the Client’s own risk and responsibility.

23.2 Ascends Global Markets Limited (“Ascends Global”) does not evaluate, monitor, or recommend any Trading Agent. The Client is solely responsible for conducting due diligence on the competence, reputation, and suitability of any Trading Agent they may appoint.

23.3 The Client understands and accepts that:
(i) Ascends Global makes no representation, warranty, or guarantee regarding the performance, methods, or strategies of any Trading Agent;
(ii) Ascends Global shall not be liable for any losses, damages, or liabilities that may arise from the actions, advice, or omissions of a Trading Agent; and
(iii) the appointment of a Trading Agent does not imply endorsement, approval, or recommendation by Ascends Global.

23.4 Where a client grants trading authority to a Trading Agent, a valid Power of Attorney (“POA”) or other authorization acceptable to Ascends Global must be executed and provided to the Company. Such authorization remains effective until Ascends Global receives written notice of revocation or expiration from the Client.

23.5 The Client acknowledges that Trading Agents, automated trading systems, and third-party providers of trading tools, courses, or recommendations may not be licensed or regulated by any financial authority. The Client accepts full responsibility for verifying the regulatory status, reliability, and suitability of such providers.

23.6 The Client further understands that the use of automated trading systems or third-party platforms carries inherent risks, including but not limited to: system malfunctions, software or hardware failures, communication breakdowns, inaccurate data feeds, or excessive trading activity generating high transaction costs. The Client agrees that Ascends Global shall not be held liable for any losses, costs, or damages arising from such risks.

23.7 The Client acknowledges that transactions executed by a Trading Agent or automated system may include additional costs, such as mark-ups or widened spreads, beyond those generally offered by Ascends Global. These costs shall be disclosed in the Client’s account or in the agreement between the Client and the Trading Agent.

23.8 Any action, trade, or decision taken by a Trading Agent on behalf of the Client shall be deemed as an action of the Client. All profits, losses, obligations, and liabilities resulting from such activity shall remain the sole responsibility of the Client.

23.9 The Client agrees to indemnify and hold Ascends Global harmless from any claims, liabilities, damages, losses, or expenses, including legal fees, arising directly or indirectly from the appointment or conduct of a Trading Agent, whether authorized or automated.

23.10 The Client understands and accepts the high-risk nature of trading leveraged products such as Forex, CFDs, Commodities, Indices, and other instruments. The Client should carefully assess whether appointing a Trading Agent or using automated trading systems is suitable, particularly if the Client does not have risk capital they can afford to lose.

24. Disclosure of Client Information:

24.1 Ascends Global Markets Limited (“Ascends Global”) respects the confidentiality of Client information and does not sell or misuse Client data. Information may only be shared with employees, authorized representatives, service providers, or business partners where necessary in the normal course of operations, such as banking, settlement, credit relationships, or technology integrations, and always in accordance with applicable data protection standards.

24.2 Ascends Global may disclose Client information when required by law, regulation, supervisory authority, or by a valid court order, subpoena, or request from law enforcement or regulatory bodies.

24.3 Aggregate or statistical information that does not personally identify Clients may be shared with third parties for reporting, business, or analytical purposes.

24.4 The Client authorizes Ascends Global to provide limited personal details, where required, to financial institutions, liquidity providers, exchanges, or other third-party service providers for operational purposes. This may include, without limitation, verification of non-professional trading status to access market data at reduced rates, or mandatory reporting obligations to ensure compliance with market transparency standards.

24.5 By maintaining an account with Ascends Global, the Client acknowledges and agrees that such disclosures are necessary for the proper execution of services and regulatory compliance.

24.6 For full details on how Client data is collected, stored, processed, and shared, Clients are encouraged to review the official Privacy Policy available on the Ascends Global Markets Limited website.

25. Inactivity, Administrative Charges, and Account Closure:

25.1 Clients acknowledge that trading accounts which remain inactive for a continuous period may be subject to inactivity-related charges. These charges are applied to cover the ongoing costs of maintaining account services, systems, and operational availability, even where the Client has not actively engaged in trading activity.

25.2 In addition, accounts that remain dormant for an extended period may also be subject to administrative charges. Such charges are intended to offset the costs associated with providing account infrastructure and related services on a long-term basis.

25.3 The frequency, conditions, and applicable amounts of such inactivity and administrative charges are determined by Ascends Global Markets Limited (“Ascends Global”) at its sole discretion and may be updated periodically in accordance with the Company’s policies.

25.4 Ascends Global reserves the right, at its sole discretion, to close accounts that remain inactive or dormant for extended periods. Clients will be notified in advance where practicable, and any remaining account balances will be returned in accordance with applicable procedures and regulatory requirements. For more information regarding account closure procedures, please refer to Clause 14 (Settlement Review, Withdrawals, and Account Closure).

25.5 Clients are encouraged to actively monitor and use their accounts to avoid such charges or potential account closure and should refer to the latest updates and notices published by Ascends Global for further details regarding applicable policies.

26. Tax Responsibilities:

26.1 The Client acknowledges and agrees that Ascends Global Markets Limited (“Ascends Global”) does not act as a tax collector and is not responsible for calculating, withholding, or remitting any taxes on behalf of the Client.

26.2 It is the sole responsibility of the Client to determine, calculate, and pay all taxes, duties, or other fiscal obligations arising in their country of residence or jurisdiction, or because of trading activities conducted through Ascends Global’s services.

26.3 Without limiting the Client’s responsibilities, Ascends Global may, where required by applicable law or regulation, deduct or withhold taxes from the Client’s account. However, Ascends Global is under no obligation to do so, and any such deductions do not release the Client from their personal tax obligations.

26.4 The Client acknowledges that amounts available for withdrawal from their account are “gross amounts” and that any applicable tax deductions made by Ascends Global do not entitle the Client to make claims or seek compensation from Ascends Global in respect of such deductions.

27. Account Identification and KYC Procedures:

27.1 The Client acknowledges that Ascends Global Markets Limited (“Ascends Global”) is required by applicable laws and regulations to obtain, verify, and maintain accurate information identifying each person who opens and maintains a trading account.

27.2 The Client further acknowledges that Ascends Global implements procedures to prevent fraud and verify identity, ensuring compliance with regulatory obligations, including Anti-Money Laundering (AML) requirements.

27.3 The Client agrees to provide, promptly upon request or during account registration, valid and up-to-date identification documents and supporting information. This may include but is not limited to:
a) Government-issued identification (e.g., passport, national ID card, or driver’s license);
b) Proof of residential address (e.g., utility bill, bank statement, or official correspondence);
c) Payment method verification documents where deposits are made via credit/debit cards or other financial instruments.

27.4 The Client confirms that all information and documents provided are accurate, complete, current, and truthful. The Client further confirms that they have not impersonated any person or entity, misrepresented any affiliations, or otherwise concealed their identity from Ascends Global for any purpose.

27.5 The Client acknowledges that failure to provide the required identification or verification information may result in delays, restrictions, or suspension of account access, trading activity, or withdrawals in accordance with Ascends Global’s policies and regulatory obligations.

27.6 The Client further acknowledges and agrees that personal information provided under this KYC process may be used, processed, or disclosed in accordance with Ascends Global’s Disclosure of Client Information Policy (see Heading 24), including to regulators, service providers, or other parties as required by law.

28. Account Statements:

28.1 Clients consent to receive account statements, trade confirmations, and other related reports through secure electronic access, unless otherwise requested.

28.2 Ascends Global Markets Limited (“Ascends Global”) provides password-protected online access to detailed account statements, which may include, but are not limited to:

• Transaction history
• Open and closed positions
• Profit and loss reports
• Margin and balance summaries
• Credits, debits, and adjustments

28.4 Statements are considered delivered once made available electronically, regardless of whether the Client accesses them.

28.5 Clients are responsible for promptly notifying Ascends Global of any changes to their contact information, including email or phone numbers, to ensure uninterrupted receipt of account statements and official communications.

28.6 This consent to electronic delivery of statements remains effective until revoked in writing and acknowledged by Ascends Global.

29. Electronic Records and Consent to Electronic Signature:

29.1 By electronically signing the account agreement and related documents, Clients acknowledge receipt of all required documentation and agree to be legally bound by their terms and conditions.

29.2 Clients consent to Ascends Global maintaining electronic records of all accounts, trades, and communications. Electronic records are legally valid, enforceable, and equivalent to paper records for all purposes.

29.3 Clients acknowledge that electronic communications, signatures, and records may be used as evidence in any dispute, legal proceeding, or regulatory matter.

29.4 Clients are responsible for ensuring the security of login credentials and access to their accounts and agree to notify Ascends Global immediately in case of unauthorized access.

30. Amendments and Waivers:

30.1 Ascends Global reserves the right to amend, update, or modify these Terms and Conditions at any time to reflect regulatory changes, operational requirements, or market conditions.

30.2 Clients will be notified of any material amendments by posting the updated Terms on the Ascends Global website and/or by email.

30.3 Continued use of the account after the effective date of amendments constitutes acceptance of the updated terms.

30.4 Clients who do not agree with any amendments may close their accounts and liquidate open positions within ten (10) business days following notification.

30.5 No waiver of rights or provisions shall be implied by prior conduct, delay, or failure of Ascends Global to enforce any term. Any waiver or amendment must be in writing and signed by an authorized officer of Ascends Global.

31. Entire Agreement:

31.1 This Agreement, together with all referenced policies, procedures, risk warning, trading conditions, charges, and privacy statements, constitutes the entire agreement between Ascends Global and the Client.

31.2 It supersedes all prior written or oral agreements, understandings, or representations between the Parties relating to the subject matter of this Agreement.

31.3 Clients acknowledge that all prior communications, promises, or representations made outside of this Agreement are superseded and shall not affect the terms herein.

32. Assignment:

32.1 Clients may not assign, transfer, or delegate any rights or obligations under this Agreement without prior written consent from Ascends Global.

32.2 Any unauthorized assignment by the Client shall be null and void.

32.3 Ascends Global may assign, transfer, or delegate any of its rights and obligations under this Agreement to affiliates, subsidiaries, or successors without Client consent.

33. Binding Effect:

33.1 This Agreement shall remain in effect continuously and apply to all accounts of the Client opened or reopened with Ascends Global, regardless of changes in personnel or corporate structure.

33.2 This Agreement, including all authorizations, inures to the benefit of Ascends Global and its affiliates, agents, successors, and assigns and is binding upon the Client and their estate, executors, trustees, administrators, or legal representatives.

33.3 Clients ratify all transactions effected prior to this Agreement and agree that rights and obligations related to such transactions shall be governed by the terms herein.

33.4 Clients acknowledge that all obligations, liabilities, and responsibilities under this Agreement survive account closure or termination to the extent necessary to settle outstanding obligations.

34. Interpretation, Severability, and Enforcement:

34.1 Headings are included for convenience and do not affect the interpretation of this Agreement.

34.2 If any provision is found to be invalid, illegal, or unenforceable under applicable law, the remaining provisions shall remain in full force and effect.

34.3 This Agreement is governed by the laws applicable to Ascends Global’s licensing jurisdiction, and any disputes shall be resolved in accordance with the procedures outlined herein and any applicable regulations.

34.4 Clients acknowledge that they have read, understood, and agreed to all terms contained in this Agreement and that such agreement represents their full and informed consent.

34.5 Ascends Global may take necessary steps to enforce this Agreement, including through legal proceedings, regulatory authorities, or arbitration, where applicable.

The Client confirms that they have received, read, and fully understood this Client Agreement and acknowledges that they agree to be bound by all the terms and conditions contained herein.