1. Definitions

"Company" means Ardovex Markets Ltd., Saint Lucia IBC TIN 2026-00251. "Client" means any individual or entity that has accepted this Agreement. "Platform" means MetaTrader 5 and associated interfaces. "Instrument" means any financial instrument available through the Platform including Forex pairs and CFDs. "Leverage" means the ratio of trading exposure to Margin deposited.

2. Company Information & Regulatory Status

Ardovex Markets Ltd. is incorporated as an IBC under IBC Act Cap 12.14 of Saint Lucia. The Company is not regulated by the FSRA or any other financial authority. No investor protection scheme applies.

3. Eligibility

• You are at least 18 years of age.
• You have full legal capacity to enter binding contracts.
• You are not subject to international sanctions (OFAC, UN, EU or equivalent).
• You are not a US person and are not accessing services from within the United States.
• Use of the Services is not prohibited by the laws of your country of residence.

4. Account Registration & Security

You must provide accurate, complete information at registration and keep it updated. You are solely responsible for the confidentiality of your account credentials. The Company is not liable for losses arising from unauthorised use of your credentials.

5. Account Types

5.1 Live Account

Enables trading with real funds. Requires KYC verification before activation.

5.2 Demo Account

Simulated trading with virtual funds for practice only. The Company may reset or close Demo Accounts at any time without notice.

6. Services

The Company provides online trading in Forex and CFDs via MetaTrader 5, real-time market data, charting tools, automated trading support, and account management. The Company acts as counterparty to all Client trades. The Company does not provide investment advice.

7. Trading Conditions

Spreads & Commissions

Trading costs are reflected in the bid-ask spread and/or commission as published on the Company's website. Spreads may widen during low-liquidity periods or major market events.

Leverage & Margin

Leverage up to 1:500 is available. If equity falls to or below the Stop Out level, positions may be automatically closed without prior notice.

Prohibited Practices

Arbitrage exploiting platform latency, manipulative trading, and any other abusive practice are strictly prohibited and may result in immediate account suspension.

8. Deposits & Withdrawals

Minimum deposit: USD $100. Deposits must originate from a payment method in the Client's name. Withdrawals are processed within 1–5 Business Days subject to verification.

9. KYC & AML Policy

The Company maintains a Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) programme aligned with the standards of the Financial Action Task Force (FATF). Live Account activation requires customer due diligence including valid government-issued photo ID and proof of residential address dated within three (3) months. The Company may request additional documentation (source of funds, source of wealth, employment evidence) and may restrict, suspend or close an account where verification cannot be completed or where there is suspicion of money laundering, terrorist financing or sanctions evasion.

The full programme — including customer due diligence, enhanced due diligence, sanctions screening, ongoing monitoring, suspicious-activity reporting, record retention and the Money Laundering Reporting Officer (MLRO) — is set out in the Company's AML Policy, which forms part of this Agreement.

10. Risk Disclosure

Before opening a Live Account, the Client must read and accept the Company's full Risk Disclosure, which covers market, leverage, liquidity, execution, counterparty, operational, regulatory, technology and currency risks in detail. By accepting this Agreement the Client confirms having read, understood and accepted that Risk Disclosure.

11. Client Obligations

The Client agrees to comply with all applicable laws; use the Platform only for lawful purposes; not engage in money laundering, tax evasion or terrorist financing; keep credentials confidential; and maintain sufficient Margin.

12. Limitation of Liability

The Company shall not be liable for indirect, consequential or punitive damages, nor for losses resulting from market movements, platform outages or force majeure events. The Company's total liability shall not exceed the balance held in the Client's account at the relevant time.

13. Termination

The Client may close their account at any time after closing all open positions. The Company may suspend or terminate an account at any time for breach of this Agreement or suspected illegal activity.

14. Governing Law & Jurisdiction

This Agreement is governed by the laws of Saint Lucia. All disputes shall be subject to the exclusive jurisdiction of the courts of Saint Lucia.

15. Amendments

The Company may amend this Agreement at any time. Updated versions will be posted on the website. Continued use of the Services constitutes acceptance of the revised terms.

16. Legal Opinion & Regulatory Basis

Sterling Legal Ltd. concludes: "A licence for the Services on the FX and CFDs market is not required by the FSRA. There are no legal prohibitions for the Broker to provide Services or solicit clients in other countries around the world."

17. Full Disclaimer

17.1 General Risk

Trading CFDs carries a high risk of rapid financial loss due to leverage. Approximately 80% of retail investor accounts experience losses when trading CFDs with this provider.

17.2 Legal Risk

Margin FX trading involves substantial risks. There is a significant risk of losing part or all of your initial investment. Consult an independent financial advisor before trading.

17.3 Regulatory Disclaimer

Ardovex Markets Ltd. (TIN 2026-00251) is not regulated by the FSRA or any other financial regulatory authority. No government-backed investor compensation scheme applies.

17.4 Regional Restrictions

Ardovex Markets Ltd. does not provide services to residents of: Sudan, North Korea, Iraq, Myanmar, Syria, Iran, Canada, Mauritius, Yemen, Afghanistan, the United States, and countries within the European Economic Area (EEA).

17.5 Past Performance

Past trading performance does not guarantee future results.

1. Commitment

The Company is committed to preventing the use of its Services for the purposes of money laundering, the financing of terrorism or proliferation, tax evasion, bribery, fraud or the circumvention of international sanctions. This Policy applies to all officers, employees, contractors and agents of the Company and forms an integral part of the Client Agreement. Breach of this Policy by an employee or contractor is a disciplinary matter. Breach by a Client is grounds for immediate restriction, suspension or closure of the account and, where appropriate, reporting to competent authorities.

2. Scope & Definitions

This Policy covers onboarding, verification, ongoing monitoring, sanctions screening, reporting and record-keeping for every Client relationship. For the purposes of this Policy:

• Money Laundering (ML) — the process of disguising the origin of proceeds of crime so they appear legitimate.
• Terrorist Financing (TF) — the provision or collection of funds, by any means, intending or knowing they will be used to carry out acts of terrorism.
• Customer Due Diligence (CDD) — the standard set of checks performed on every Client before account activation.
• Enhanced Due Diligence (EDD) — the augmented checks performed on higher-risk Clients or transactions.
• Politically Exposed Person (PEP) — an individual entrusted with a prominent public function, and that person's family members and close associates.
• Beneficial Owner — the natural person(s) who ultimately own or control a Client, directly or indirectly.
• MLRO — the Money Laundering Reporting Officer responsible for the Company's AML programme.

3. Regulatory Basis

The Company is incorporated under the International Business Companies Act Cap 12.14 of Saint Lucia. Per the legal opinion of Sterling Legal Ltd. (Legal Opinion No. 25-03/26 (251), issued 25 March 2026), a licence from the Financial Services Regulatory Authority (FSRA) is not required for the Company's FX and CFD activity. The Company nevertheless adopts AML/CTF controls equivalent in substance to those applied to licensed financial institutions in FATF-member jurisdictions, including:

• The FATF Forty Recommendations on combating money laundering, terrorist financing and proliferation financing.
• The customer-identification and record-keeping standards articulated in FATF Recommendation 10 and 11.
• Sanctions lists maintained by the United Nations Security Council, the US Office of Foreign Assets Control (OFAC), the European Union and HM Treasury (United Kingdom).

4. Customer Due Diligence (CDD)

Every Live Account applicant is subject to CDD before the account is activated for funding or trading. CDD comprises:

• Collection and verification of the Client's full legal name, date of birth, nationality and residential address.
• For legal entities: certificate of incorporation, memorandum and articles, register of directors and shareholders, and identification of all beneficial owners holding 25% or more.
• Verification against reliable, independent source data (government-issued ID, utility bill or bank statement for address).
• Screening against international sanctions, PEP and adverse-media databases.
• Assessment of the Client's expected trading activity, deposit patterns and source of funds.
• Assignment of an internal risk rating (Standard / High / Unacceptable).

5. Enhanced Due Diligence (EDD)

EDD is applied to Clients presenting elevated risk, including but not limited to: PEPs and their close associates; residents of higher-risk jurisdictions per FATF public statements; Clients in cash-intensive or high-risk industries; Clients where the beneficial-ownership structure is complex or opaque; and Clients where initial CDD triggers a risk flag. EDD measures include senior-management approval of the relationship, documentary evidence of source of funds and source of wealth, enhanced transaction monitoring, and shorter review cycles.

6. Identity Verification

The Company verifies Client identity using a combination of:

• Proof of Identity: valid, unexpired government-issued photo ID — passport, national identity card or driving licence.
• Proof of Address: utility bill, bank statement, tax notice or government correspondence dated within the preceding three (3) months and showing the Client's name and residential address.
• Liveness / Selfie Verification: a live image of the Client matched to the submitted ID, to deter document fraud and impersonation.
• Additional documentation on request where initial submissions are unclear, inconsistent or insufficient.

The Company reserves the right to request further documentation at any point during the relationship.

7. Source of Funds & Source of Wealth

For deposits above internally-defined thresholds, and in all EDD cases, the Client must evidence the origin of the funds being deposited (source of funds) and, where relevant, the origin of the Client's overall wealth (source of wealth). Acceptable evidence includes recent payslips, employment contracts, tax returns, audited financial statements, sale-of-asset documentation, inheritance deeds or other verifiable third-party records. Funds must originate from a payment instrument held in the Client's own name; third-party funding is not accepted.

8. Ongoing Monitoring

Every active account is subject to continuous, risk-based monitoring designed to identify activity inconsistent with the Client's stated profile. Typical triggers include rapid sequences of deposits and withdrawals without corresponding trading activity, structuring below reporting thresholds, use of multiple payment instruments, sudden changes in trading behaviour, and transactions with counterparties in higher-risk jurisdictions. Alerts are investigated by the compliance function and escalated to the MLRO where appropriate.

9. Sanctions & Watchlist Screening

Every prospective and existing Client is screened at onboarding and on an ongoing basis against — at minimum — the consolidated sanctions lists of the United Nations, the US Office of Foreign Assets Control (OFAC), the European Union, the United Kingdom (HM Treasury / OFSI) and relevant national authorities. A confirmed match results in immediate rejection or, for existing Clients, account freezing, asset preservation and escalation to the MLRO.

10. Prohibited Clients & Jurisdictions

The Company does not establish or maintain business relationships with:

• Individuals under the age of 18 or otherwise lacking full legal capacity.
• Stateless persons who cannot satisfy identity and residency requirements.
• Persons or entities appearing on UN, OFAC, EU or UK sanctions lists.
• Shell banks, anonymous accounts or accounts in obviously fictitious names.
• Clients who refuse or fail to provide the documentation required under this Policy.

The Company additionally does not provide Services to residents of the following jurisdictions: Sudan, North Korea (DPRK), Iraq, Myanmar, Syria, Iran, Canada, Mauritius, Yemen, Afghanistan, the United States of America, and any country within the European Economic Area (EEA). This list may be updated by the Company at any time.

11. Politically Exposed Persons (PEPs)

PEPs, their close family members and close associates are considered higher-risk Clients and are subject to EDD. A PEP relationship requires approval by senior management before account activation, ongoing enhanced monitoring, and documented evidence of the PEP's source of wealth. Foreign PEPs and domestic PEPs in higher-risk public functions receive the highest scrutiny.

12. Suspicious Activity Reporting

Where the Company knows or has reasonable grounds to suspect that a transaction, attempted transaction, or the funds involved in a transaction are the proceeds of criminal activity or are related to terrorist financing, the compliance function escalates the matter internally to the MLRO. The MLRO determines whether to file a report with the competent authority in the relevant jurisdiction and whether to freeze the account pending the outcome. The Company reserves the right to refuse, delay or reverse a transaction on this basis without prior notice to the Client.

13. Record Keeping

The Company retains all Client identification documents, account opening records, transactional records and compliance correspondence for a minimum of five (5) years following the end of the business relationship, or longer where required by applicable law or by an order of a competent authority. Records are stored securely and are available to auditors and to competent authorities upon lawful request.

14. MLRO, Compliance Function & Training

The Company designates a Money Laundering Reporting Officer (MLRO) responsible for the design, implementation and day-to-day operation of this Policy, for approving PEP relationships, for investigating escalations and for filing reports to competent authorities. The MLRO has direct access to senior management and the necessary authority and resources to perform the role independently. All relevant staff receive AML/CTF training at onboarding and at least annually thereafter, with additional training following material changes to laws, guidance or the Company's risk profile.

15. Client Obligations

By accepting the Client Agreement the Client undertakes to:

• Provide complete and accurate information at onboarding and notify the Company promptly of any material change (address, name, nationality, tax status, beneficial-ownership change for entities).
• Fund the account only with legitimately-sourced funds held in the Client's own name.
• Not permit any third party to use the Client's account or credentials.
• Co-operate fully with any reasonable request for additional documentation or clarification.
• Not use the Services in furtherance of money laundering, terrorist financing, sanctions evasion, tax evasion, fraud or any other unlawful purpose.

16. Tipping-Off & Confidentiality

Where the Company is investigating a suspicion or has filed a report with a competent authority, employees are prohibited by law and by Company policy from disclosing that fact to the Client or to any third party. Restrictions imposed on an account for AML reasons may therefore be communicated to the Client in general terms only.

17. Contact

This Policy is reviewed at least annually and following any material change in the Company's risk profile or in applicable laws, guidance or sanctions. The Company may amend this Policy at any time; the current version is the one published on this page.

1. Purpose of this Disclosure

This Risk Disclosure sets out the principal, though not exhaustive, risks associated with trading FX and CFDs through Ardovex Markets Ltd. ("the Company"). It is provided to enable Clients to make an informed decision before entering into any transaction. The Client confirms, by accepting the Client Agreement, that they have read, understood and accepted this Disclosure. This Disclosure does not constitute and is not intended to constitute investment, legal or tax advice, and does not create any obligation on the Company to provide such advice.

2. Nature of FX and CFD Trading

FX and CFDs are leveraged, over-the-counter (OTC) derivative contracts. They are cash-settled and do not confer ownership of, or any rights in, the underlying instrument. The Client speculates on the movement of the underlying price. Trading is highly speculative and is suitable only for individuals or entities who can bear the loss of the amount they invest and who understand the products.

3. Leverage & Margin

Leverage (up to 1:500 for eligible instruments) magnifies both potential gains and potential losses. A small adverse price movement may result in the loss of part or all of the Client's margin. If equity falls to or below the platform's Stop-Out level, open positions may be automatically liquidated without prior notice. The Client is solely responsible for maintaining adequate margin and for monitoring open positions at all times.

• A 0.2% adverse move at 1:500 leverage wipes out the margin supporting the position.
• Margin calls and stop-outs can occur in milliseconds during volatile markets.
• Losses can, in extreme gapping scenarios, exceed the posted margin unless a negative-balance protection is expressly offered.

4. Market Risk

Prices of FX pairs, metals, energies, indices and crypto-asset CFDs are driven by factors including — but not limited to — macroeconomic data, central-bank policy, geopolitical events, natural disasters, supply-and-demand dynamics and changes in investor sentiment. Price moves can be large, rapid and unpredictable, particularly around major data releases, monetary-policy decisions and weekends / holiday gaps.

5. Liquidity Risk

Market liquidity varies by instrument and by time of day. During low-liquidity periods (Asian session for EUR/USD, pre-market for indices, illiquid exotic pairs, weekends for crypto), spreads may widen materially and executable size may shrink. Orders may be filled at prices materially different from the Client's intended price, or not filled at all.

6. Execution Risk — Slippage, Gapping, Requotes

Orders are executed at the best prices available on the Company's pricing feed at the moment of execution, which may differ from the price seen by the Client when the order was submitted (slippage). In fast-moving markets, on news releases, or across weekend gaps, slippage can be significant and can be in either direction. Stop-loss orders are not guaranteed to execute at the stop price; they are executed at the next available market price after the stop level is reached.

7. Counterparty Risk

The Company acts as principal counterparty to every Client trade. All of the Client's exposure is therefore to the Company. The Company is a Saint Lucia International Business Company and is not regulated by the FSRA or by any other financial-services authority. No government-backed investor-compensation scheme applies to Client funds held with the Company. Client balances and unrealised gains depend on the continued solvency and operational continuity of the Company.

8. Technology & Platform Risk

Electronic trading depends on the continuous availability of internet connectivity, third-party liquidity venues, price feeds, the MetaTrader 5 infrastructure and the Company's own servers. Outages, latency, packet loss, denial-of-service attacks, software defects or third-party failures may prevent the Client from placing, amending or cancelling orders, or may cause orders to execute at prices different from those displayed. The Client accepts these risks as inherent to online trading.

9. Operational & Force-Majeure Risk

Events outside the Company's reasonable control — including but not limited to war, acts of terrorism, civil unrest, pandemics, government action, exchange suspensions, banking outages, cyber-attacks, fire, flood or other natural disaster — may interrupt or restrict trading, settlement, deposits or withdrawals. The Company shall not be liable for losses arising from such events.

10. Regulatory Risk

The legal and regulatory framework applicable to FX and CFDs varies by jurisdiction and is subject to change. A change in law or regulation — in Saint Lucia, in the Client's country of residence, or in any third country — may affect the availability, pricing or tax treatment of the Services, may require the Company to impose new restrictions, or may require the Company to cease offering the Services to some or all Clients. The Company is not regulated by the FSRA; no investor-compensation scheme applies.

11. Currency Risk

The Client's account is denominated in a base currency. Trading in instruments denominated in other currencies introduces an additional, independent FX-conversion risk to Profit & Loss, margin and the overall account balance. Currency-conversion fees may also apply.

12. Financing / Swap / Rollover Costs

Positions held overnight may incur a financing or swap charge (or credit), which is calculated daily and applied to the Client's account. Swap rates are set by the Company, reflect prevailing interbank rates plus a mark-up, and may change without prior notice. Over time, cumulative financing costs can materially erode profitability.

13. Tax Considerations

Tax treatment of profits and losses arising from FX and CFD trading depends on the Client's individual circumstances and residency. The Company does not provide tax advice. The Client is solely responsible for determining and discharging any tax obligations arising from their trading.

14. No Investment Advice

The Company provides execution-only services. It does not make recommendations, does not assess the suitability of individual trades, and does not manage Clients' accounts. Any market commentary, webinar, trading-idea, educational material or third-party content made available through the Company's channels is for general information only and must not be relied upon as a recommendation or as a basis for an investment decision.

15. Past Performance

Past performance of any instrument, strategy, Expert Advisor, signal provider or account is not a reliable indicator of future results. Backtested or hypothetical performance is subject to survivorship and data-selection biases and should not be treated as predictive.

16. Suitability & Appropriateness

Leveraged FX and CFD trading is not suitable for every investor. Before trading, the Client should consider — with independent professional advice where necessary — their investment objectives, level of experience, financial situation and risk appetite. The Client should only trade with funds they can afford to lose without adversely affecting their lifestyle or financial obligations.

17. Restricted Jurisdictions

The Company does not provide Services to residents of: Sudan, North Korea (DPRK), Iraq, Myanmar, Syria, Iran, Canada, Mauritius, Yemen, Afghanistan, the United States of America, and any country within the European Economic Area (EEA). The list may be updated at the Company's discretion. It is the Client's responsibility to ensure that use of the Services is lawful in the Client's country of residence.

18. Acknowledgement