RISK WARNING: Trading leveraged derivative products such as Foreign Exchange (Forex), Contracts for Difference (CFDs), or other financial derivative products carry a high level of risk to your capital. All these products, which are leveraged derivative products, may not be appropriate for all investors. The effect of leverage is that both gains and losses are magnified. The prices of leveraged derivative products may change to your disadvantage very quickly, you can lose more than your invested capital, and you may be required to make further payments. Before deciding to invest in any financial product, you should carefully consider your investment objectives, trading knowledge and experience, and affordability. You should only trade in Forex and CFDs if you have sufficient knowledge and experience of the risky nature of the products, the risks involved in trading such products, and if you are dealing with money that you can afford to lose. You should seek independent professional financial advice if you are in any doubt.

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THIS AGREEMENT

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INTRODUCTION

1. These Terms together with your completed and submitted Application Form comprise the Client Agreement between Blue Chip Broker (Pty) Ltd (“we”, “us” or “Blue Chip Broker”), a regulated broker company providing trading in financial and commodity-based derivative instruments and other securities registered and headquartered in South Africa (registration number: 2024/649950/07). The Company is a financial service provider authorised and regulated by the Financial Sector Conduct Authority (“FSCA”) under FSP license number 54787. They govern our dealings with you in relation to our Products.
2. The Client is comprised of two or more legal persons, then a reference to a right or obligation of the Client under this Agreement or a transaction contemplated by this Agreement confers that right or imposes that obligation jointly and severally on those persons.
3. This is a master agreement and sets out the terms and conditions upon which dealings between you and us relating to the provision of advice to the Client or the execution of Orders.
4. This Agreement is in addition to other documents that may have been exchanged and/or executed between the parties. You should read this Agreement carefully and any other documents given to you that apply to you.

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Margin FX and Contracts-for-difference (CFDs) Transactions you enter into pursuant to the terms of this Agreement carry a high level of risk. A more detailed explanation of the risks associated with these transactions is set out in our Risk Disclosure Notice. You should ensure that you fully understand such risks before entering into this Agreement or any transaction with us.

By signing and submitting the Application Form by email or electronically via our website, or by taking any action consistent with your agreement to these terms and conditions, you confirm that you:

1. have received, read and understood this Agreement, including our current Legal Documents on our website; and
2. agree that we will provide our Products and Services to you on the terms and conditions of this Agreement.

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TRADE AT YOUR OWN RISK

Blue Chip Broker is under no obligation:

1. to satisfy we as to the suitability of any Position for you;
2. to monitor or advise you on the status of any of your Positions;
3. prevent you from trading beyond your means or ability or to protect you; or
4. to close any open Position.

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DEFINITIONS AND INTERPRETATION

Whenever used in this Agreement, unless inconsistent with the subject matter or context, the following words shall have the following meanings:

Accept or Acceptance means, except in the case of a Third-Party Online Platform, if the Client, or an Authorised User, indicate by either telephone, email, face-to-face, or through an Online Service that they accept the Trade Contract Terms provided by Blue Chip Broker.

Account Value means the currency value of the Client’s Account, which is calculated by Blue Chip Broker combining:

1. the equivalent balance of your Account in the Blue Chip Broker client money trust account;
2. the Realised/Unrealised Losses and Realised/Unrealised Gains.
3. indicative costs to Close (fees, Overnight interest); and
4. the values of Positions not yet booked

Application Form means the form a client must complete and submit to apply to open an account with Blue Chip Broker.

Authorized User means a person authorized by the Client to access Blue Chip Broker’ services and/or enter into Orders on the Client’s behalf.

Base Currency means the first currency in a Currency Pair. The Base Currency is assigned a value of 1 when calculating exchange rates.

Bought Swap Rate means the interest rate that applies to the Base Currency at the Close of Business on the relevant Trading Day.

CFD means a Contract for Difference.

Client, you or your means the Client named in this Agreement, together with its subsidiaries, affiliates, successors and/or assigns, as well as its officers, directors, employees and agents.

Client Agreement means the completed Application Form and these Terms.

Close of Business means 22:00 GMT.

Closed Out means the termination of all or part of an Order.

Close-Out Date means the date on which all or part of an Order is Closed-Out.

Close-Out Value means the Order Value at the Close-Out Date.

Corporate Action means payment of a dividend, scrip dividend or special dividend, a rights issue, open offer or free distribution of shares by way of a bonus, capitalization or any other offer or issue to the holders of the underlying asset, a takeover, reverse takeover, merger, demerger, listing, delisting or suspension from listing or any analogous event directly affecting holders of the underlying asset;

Currency Pair means the Base Currency and the Term Currency for a Margin FX contract.

Cut-Off Time means the time (AEST) for the destination country of the international payment by which cleared funds to need to be received by us for an international payment to be made on any Day. These times are set out on the Website.

Day means a day on which commercial banks are open for business (including dealings in foreign exchange) in the place specified by Blue Chip Broker for that purpose.

Daily Statement means an Account statement issued by Blue Chip Broker daily. Daily Statements include details of:

1. your open Positions.
2. your new Positions.
3. the opening cash balance on your Account, together with details of Account movements such as deposits, withdrawals or settlements.
4. your closing Account balance for the day.
5. profits or losses made on Open Positions (your open trade equity);
6. the value of your Positions and movements on your Account in the currency in which your Account is denominated, indicating, where appropriate the consolidation rates used;
7. other items affecting your Accounts, such as Rollover Benefits or Rollover Charges applied to your Account.
8. profit or loss made on open Positions (your open trade equity);
9. the liquidation value;
10. your Total Margin Requirement; and
11. your Margin excess or deficit.

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Default Event

1. Each of the following constitutes a Default Event:
   1. (Any acts or omissions on the part of the Client;
      1. Authorized User; or
      2. the Client or Authorised User’s employee, agent or assignee (whether or not known to us, and whether or not acting in concert with other natural persons or algorithmic tools) which in Blue Chip Broker’ sole discretion, are deemed as being:
         1. negligence;
         2. mistake;
         3. wilful misconduct, (including commission churning, sniping, causing or contributing to or benefiting from a Quoting Error, moving the price of an underlying asset, scalping, arbitraging off-market pricing);
         4. the use, or allowing any other person (whether or not an Authorized Person) to use, any electronic device, software, algorithm or any trading strategy that has the purpose or effect of manipulating or taking unfair advantage of the way in which Blue Chip Broker constructs, provides or conveys its bid or offer prices;
         5. same electronic identification point (i.e., IP address) as other client or communication with other clients;
         6. use of excessive leverage;
         7. money laundering;
         8. suspicious trading activity;
         9. placement of opposing orders so as to abuse guaranteed fill;
         10. the breach of any law; or
         11. the breach of any provision of this Agreement.
   2. the Client or their Guarantor becomes insolvent or bankrupt;
   3. the Client is deceased or becomes of unsound mind;
   4. the Client fails to provide any Margin or amounts due under this Agreement on time in respect of any Positions, or the Margin held by Blue Chip Broker in respect of any Positions falls below the Margin Requirement.
   5. the Client is in breach of any representation, warranty or undertaking made under this Agreement or any other material term of this Agreement and/or any information provided to Blue Chip Broker in connection with this Agreement is or has become untrue or misleading.
   6. any fee or charges or other payments due to Blue Chip Broker are not paid in accordance with this Agreement.
   7. at any time or for a period the client is not contactable or does not respond to any notice of correspondence from Blue Chip Broker.
   8. Blue Chip Broker reasonably considers it necessary for the protection of its rights under this Agreement;
   9. Blue Chip Broker is requested by any regulatory body or authority;
   10. Your Account balance falls below the Minimum Margin Requirement;
   11. any Dispute occurs, or litigation is commenced and, in view of the subject matter of or any issues in dispute in relation to that litigation, Blue Chip Broker reasonably decides that it cannot continue to deal with the Client while the litigation is pending;
   12. the Client fails to provide, within 10 days of a written request, all information which Blue Chip Broker requested in connection with this Agreement;
   13. Blue Chip Broker has reason to believe the client is unable to manage the risk that arises from their Positions;
   14. the Client fails to comply with any limit or restriction imposed on them by Blue Chip Broker in connection to the Account (for example, a restriction on the kind, volume or value of Orders);
   15. any change in law or interpretation which makes it unlawful for us to perform any provision of the Agreements; and
   16. If a chargeback occurs.
2. in the case of a body corporate:
   1. the Client goes into liquidation, voluntarily or otherwise, or a liquidator, receiver, an administrator is appointed
   2. a valid deed of guarantee and indemnity with respect to the obligations under this Agreement has not been provided to Blue Chip Broker.
3. In the case of a trust, the Client ceases to be the trustee of the trust or the relevant trust is terminated.

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Deposit means the amount deposited by the Client with Blue Chip Broker as requested by Blue Chip Broker in relation to all Financial Products, at the time of booking and at any time prior to the Value Date which is a part-payment toward the agreed Order value and not client monies. Deposit includes amounts deposited by the Client with Blue Chip Broker as requested by Blue Chip Broker in respect of any anticipated or existing Open Positions which the Client has or will have with Blue Chip Broker.

Financial Product means a foreign exchange contract or a transaction in which a Client and Blue Chip Broker enter into an OTC derivatives contract based on the value of an underlying asset or assets (including but not limited to a currency or currency pair, a commodity, a precious metal or an index).

Force Majeure means events or causes including, but not limited to, the following: an act of God, peril of the sea, unavoidable accident of navigation, war (whether declared or not), sabotage, riot, insurrection, civil commotion, national emergency (whether in fact or law), martial law, fire, flood, cyclone, earthquake, landslide, explosion, power or water shortage, failure of a transmission or communication network, epidemic, quarantine, strike or other labor difficulty or expropriation, restriction, prohibition, law, regulation, decree or other legally enforceable order of a government agency, breakage or accident, change of International, State or Commonwealth law or regulation or any damage of Blue Chip Broker’ hardware or systems, unless occurring as a result of an act, omission, default or negligence of the Client or Blue Chip Broker.

Free Balance means, at any time, the excess (if any) of the balance of the Client’s account at that time over the required Deposit.

Futures CFD means a CFD where the value of the contract derives its value from an underlying asset or instrument whose price is quoted on a futures market.

Fully Hedged Position means an Open Position that is equal and opposite of another Open Position.

Guarantor means any person(s) identified as such in the Application Form.

Hedged Position is as defined in clause 3.7.

Instruction means any instruction or request given by the Client to Blue Chip Broker relating to the execution of a Financial Product as provided for under clause 8.2.

Insolvency Event means any steps taken for:

1. the winding-up, dissolution or administration of the Client;
2. the Client to enter any arrangement, compromise or composition with or assignment for the benefit of its creditors or any class of them except for the purposes of a solvent reconstruction or amalgamation; or
3. a receiver, receiver and manager, or other controllers, administrator or similar officer to be appointed with respect to, or takes control of, the Client or any of the Client’s assets and undertakings.

Law means any local or foreign law, regulation or judgment, court order or sanctions regimes which Blue Chip Broker is subject to.

Long Party means in respect of any Order the party identified in the Trade Confirmation Notice as having notionally bought the underlying asset or assets to the OTC derivative contract.

Margin Call means an amount, in addition to the Deposit, as solely determined by Blue Chip Broker.

Margin FX contract means a Margin Foreign Exchange contract.

Mark to Market means the daily revaluation of an OTC derivatives contract entered between Blue Chip Broker and the Client to reflect its current market value rather than its original contract value. Blue Chip Broker shall have the right, at its sole discretion, to determine the Mark to Market value daily.

Merger Event means in respect of any underlying asset:

1. any reclassification or change of the underlying asset that results in a transfer of or an irrevocable commitment to transfer all outstanding securities of the same class as the underlying asset to another entity or person.
2. consolidation, amalgamation, merger or binding share exchange of the issuer of the relevant underlying asset with or into another person (other than a consolidation, amalgamation, merger or binding share exchange in which such issuer is the continuing person, and which does not result in a reclassification or change of all outstanding securities of the same class as the underlying asset); or
3. takeover offer, tender offer, exchange offer, solicitation, proposal or other event by any entity or person to purchase or otherwise obtain 50% or more of the outstanding securities of the same class as the underlying asset that results in a transfer of or irrevocable commitment to transfer all such securities (other than such securities owned or controlled by such other entity or person).

Notice means a notice required or permitted to be given under this Agreement or for the purposes of this Agreement.

Off quotes means the error message in the MT4/MT5 platform, indicating that no price is currently available, or the last prices are no longer considered valid market prices. This error typically occurs in two scenarios: when there is a disruption in connectivity with the trading platform, or when the best available price for asset falls outside the specified maximum deviation range. Off quotes are frequently encountered during volatile markets or low liquidity periods.

Online Services means the services which provide the ability for clients to transact with Blue Chip Broker by way of an online trading platform including a Third-Party Online Platform.

Open Position is where the Client has entered into a transaction or contract with Blue Chip Broker, and a further transaction is required in order to close the position.

Order means a Financial Product entered between Blue Chip Broker and the Client under the applicable Trade Contract Terms.

Order Value means for any Order, the Order price or rate multiplied by the Order quantity.

OTC means Over the Counter.

Partially Hedged Position means an Open Position that is opposite but not equal to another Open Position.

Previous Order Value means, the amount calculated as follows:

1. where the Order Value is being determined for the first time for an Order Contract, the Order Value at the commencement of the Order; or
2. in all other cases, the Order Value at the most recent Valuation Time.

Quoting Error means a liquidity provider error, a software error, a typographical error or obvious mistake in a quote or indication and includes quoting delays.

Reciprocal Obligation means Blue Chip Broker’ obligations to the Client in relation to an Order, a Margin Call or a Deposit.

Reference Interest Rate means that interest rate provided by our liquidity provider plus Blue Chip Broker’ transaction fee of 3.5% per annum.

Retail Client is a person or entity opting to receive the services provided by the Company.

Security Details means the information required by Blue Chip Broker under clause 3.6.

Sell Swap Rate means the interest rate that applies to the Term Currency at the Close of Business on the relevant Trading Day.

Share CFD means a Financial Product where the underlying asset is a security listed on an exchange.

Short Party means in respect of any Order the party identified in the Trade Confirmation Notice as having notionally sold the underlying asset or assets to the OTC derivative contract.

Sophisticated Investor means a person other than a retail client.

Spot CFD means a CFD where the value of the contract derives its value from an underlying asset or instrument whose price is quoted on a spot market.

Suspicious Trading Activity means any belief or decision of Blue Chip Broker, reasonably formed or made and whether or not communicated to the Client, that the Client has, either acting alone or with other persons, used the Online Service in a way which affects the integrity or effective functioning of the Online Services or Blue Chip Broker’ for CFDs and Margin FX, or the market for the Underlying Asset to which the CFD or Margin FX contract relates whether or not such conduct is also illegal or also constitutes market abuse. Such conduct includes but is not limited to:

1. entering into Orders or combination of Orders such as holding long and short positions in the same or similar Underlying Assets at similar times, irrespective of how the Account(s) have been funded (for example, but not limited to, personal deposits);
2. entering into Orders or combinations of Orders in respect of Underlying Assets the Client has entered into a transaction in an underlying market for the Underlying Asset;
3. entering into Orders or combination of Orders with intention of exploiting wider- than-usual spreads during abnormal period of thin liquidity by scalping with market/limit orders;
4. entering into Orders or combination of Orders with intention of exploiting the price gap with over-leveraged position prior to market closure or certain public announcements;
5. engaging in any trading activities with intention of abusing the Negative Balance Protection Facility; or
6.  engaging in any trading behaviors which are deemed exploitative, dishonest, abusive, or a good faith violation.

Swap Charge or Swap Credit is as defined in clause 5.1 and 5.2.

Swap-Free Account or Islamic Account means an account offered by Blue Chip Broker, at its sole discretion, which is designed specifically for, and available only to, Clients who cannot receive or pay rollover interest on overnight Open Positions for religious reasons.

Term Currency means the second currency in a Currency Pair.

Terms mean these terms and conditions, together with all schedules, attachments or other documents attached.

Third-Party means any entity with whom Blue Chip Broker has entered into an agreement or arrangement whereby Blue Chip Broker offers the Client access to that entity’s online trading platform (“Third-Party Online Platform”) for the purpose of the provision via the Third-Party Online Platform of additional services to the Client.

Third-Party Online Platform means any online trading platform offered by a Third-Party.

Trade Confirmation Notice means a document signed by the Client and Blue Chip Broker confirming the details of the Financial Product entered between the Client and Blue Chip Broker.

Trade Contract Terms means the price, timing and other details (as contained in the Instructions) Blue Chip Broker provides you, either verbally or via the Internet, at which the relevant Order can be purchased or sold.

Trading Day means Monday to Saturday including public holidays for all assets except for Cryptocurrency CFDs. Trading Day for Cryptocurrency CFD means Monday to Sunday including public holidays.

Value Date means either the Day selected by the Client and agreed by Blue Chip Broker for the settlement of an Order or if there is no such Day, the future value date after the execution of an Order by the Client and includes any agreed variation to the original date, being either an earlier or a later date.

Valuation Time means the Close of Business on each Day, or any other time Blue Chip Broker decides in its absolute discretion.

Blue Chip Broker, we, our or us means Blue Chip Broker (Pty) Ltd, its subsidiaries, holding companies, successors and/or assigns, as well as its officers, directors, employees and agents.

Website means the Blue Chip Broker website.

Wholesale Client is a client who is not retail or sophisticated.

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CLIENT REPRESENTATIONS AND WARRANTIES

1. The Client warrants that:
   1. in the case of an individual or more than one individual, they are of full age and capacity.
   2. in the case of a firm or corporation, it is duly constituted and incorporated and possesses the requisite power to enter into this Agreement and all contracts made or to be made.
   3. in the case of a trustee of a trust, they are properly appointed as trustee, they will be liable both in their personal capacity and as trustee, the trust instrument is valid and complies with all applicable laws, and the trustee has a right of indemnity from the trust assets in respect of this Agreement; and
   4. in any case, this Agreement and such contracts are and will constitute legally binding and enforceable obligations of the Client.
2. The Client represents and warrants to Blue Chip Broker that:
   1. the Client will place Orders wholly or predominantly for business and investment purposes and not for personal, domestic or household use or consumption.
   2. execution and delivery by the Client of this Agreement, and performance of all the Client’s obligations contemplated under this Agreement does not violate any Law applicable to the Client.
   3. all information provided by the Client to Blue Chip Broker is true, correct and complete, and the Client will notify Blue Chip Broker promptly of any changes to such information.
   4. the Client shall make ongoing disclosure to Blue Chip Broker of any matters that may affect the operation of this Agreement or of the ability of the Client to pay Margin Calls or to remain solvent.
   5. the Client will not, either acting alone or with others, engage in conduct which results in Suspicious Trading Activity as defined in this Agreement. If Blue Chip Broker has reasonable grounds to suspect that the Client engages in Suspicious Trading Activity, Blue Chip Broker reserves the right to temporarily or permanently suspend the Client’s trading account, recover any losses incurred in connection with the Suspicious Trading from the Client and/or void the Client’s Orders and cancel any associated profits, with immediate effect.
3. The Client acknowledges that:
   1. by applying to open an account, you acknowledge that you have read and understood this Agreement.
   2. Blue Chip Broker will enter the transactions contemplated by this Agreement in reliance on the representations and warranties made by the Client.
   3. Blue Chip Broker provides advisory and execution-only services, and the final investment decision is always the Client’s own.
   4. if Blue Chip Broker provides advice to the Client, then that the advice is general only and does not consider the personal objectives, circumstances or needs of the Client; and
   5. if the Client is comprised of two or more legal persons, Blue Chip Broker’ primary contact for the receipt of Notices is the first person named on the Application Form.
4. The Client:
   1. confirms that they have regular access to the internet.
   2. consents to Blue Chip Broker contacting the Client (in the circumstances described in this Agreement) by email on the address provided by the Client.
   3. agrees to ensure that the Client’s contact details are always up to date.
   4. If this Agreement is provided to you in a language other than English, it is provided for information purpose only. The governing language of this Agreement is English. In the event of any inconsistency between the English language version of this Agreement and a foreign language version, the English version will prevail to the extent of any inconsistency.

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THE ACCOUNT

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OPENING AN ACCOUNT

1. You need to have an active Account prior to transacting with us. No Orders can be placed until an account has been opened and cleared funds received and credited into the Account. You can apply for more than one Account. References in this Agreement to your Account are taken to include reference additional accounts.
2. To apply for an Account, you must complete an Application Form. Blue Chip Broker, at its sole discretion, may accept or decline your application. If Blue Chip Broker accepts your application, you will be notified via email. Blue Chip Broker may at its discretion refuse your application for any reason we consider appropriate.
3. Only cleared funds are credited into the Account. This applies to payments made for the purpose of Initial and Variation Margin. 
4. Funds deposited with Blue Chip Broker are held in compliance with the under Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002). 
5. If Blue Chip Broker permits the Client to place an Order where no account has been opened, or clear funds received, this will not limit the Client’s liability to Blue Chip Broker under this Agreement.

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ACCOUNT INFORMATION

1. You accept and warrant to us that any information provided to us at any time is true and correct and that you will immediately inform us of any change to that information.
2. You are required to keep confidential all Security Details relating to the Account, including, but not limited to any username, account number, user ID and password. Once you have established this Security Details, Blue Chip Broker has no obligation to verify the authority of anyone using this information to operate your account. If you are aware or suspect that these items are no longer confidential, you should contact us immediately.

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AFFILIATES AND INTRODUCING BROKERS

1. If you are referred to us by an Affiliate or Introducing Broker, you must not assume these parties have access to your Account, act on your behalf (send us instructions) or view your trading history unless they are an Authorized Person.

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AUTHORISED USERS AND AUTHORISATION LIMITS

1. Blue Chip Broker may accept your authorization of another person (Authorized User) to give instructions and place Orders on the Client’s behalf. The Authorized Person can be an Affiliate, Introducing Broker or Trading Agent. The Client must notify Blue Chip Broker in a written Notice in the form of authorization under a power of attorney.
2. Upon Blue Chip Broker receiving such Notice the change in Authorized User is effective immediately. However, the Notice shall not affect any Orders already executed.
3. Any appointment of an Authorized User shall remain in full force and effect unless and until a notice of cancellation of appointment has been delivered to Blue Chip Broker.
4. The Client may inform Blue Chip Broker of an authorization limit applicable to some or all Orders either in general or for particular Authorized Users. Any authorization limit provided by the Client to Blue Chip Broker may be withdrawn by the Client at any time by giving Notice to Blue Chip Broker.
5. All Instructions were given and Orders accepted by an Authorized User within their authorization limits will be deemed to be Instructions and Orders authorized by the Client and shall be binding upon the Client.
6. Until the Client has provided a Notice to Blue Chip Broker to the contrary, Blue Chip Broker may continue to assume that all existing Authorized Users have authority to execute legally binding Orders with Blue Chip Broker within their authorization limits.
7. The Client hereby indemnifies and agrees to hold Blue Chip Broker harmless in respect of any loss incurred by an Authorized User entering Orders within their authorization limits.

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DEPOSITS

1. Blue Chip Broker will provide you with access to online service where you can track the following information in your Account:
   1. the orders that you have entered with us.
   2. the payments you have paid, or you are required to pay to us.
   3. the payments Blue Chip Broker have paid, or Blue Chip Broker is required to pay to you.
2. Payments to the Account may be made using any of the following payment methods:
   1. by online bank transfer.
   2. by same day bank transfer; or
   3. by international telegraphic transfer.
3. Blue Chip Broker reserves the right to remove or restrict the payment methods that you use to deposit and withdraw money from your Account.
4. The Client must have sufficient cleared funds deposited in an account before Blue Chip Broker creates any Order. Blue Chip Broker will indicate to the Client, where applicable, the sum required as the Deposit for each Order (where applicable).
5. Blue Chip Broker may impose other fees and charges for using the services, by providing Notice to the Client. If the Client does not consent to the charges, the Client can terminate the Agreement immediately and the charges will not apply to the Order prior to the Notice being given by Blue Chip Broker.
6. Blue Chip Broker is not responsible for any fees or charges imposed by Third-Party banks or other counterparties, which are incurred by the Client in connection with the use of the services.
7. All payments under this Agreement must be made in United States dollars or any other currency that Blue Chip Broker may agree to.
8. If Blue Chip Broker becomes aware or has reason to believe that the money you’ve deposited has come from someone other than you (i.e., from a funding method in someone else’s name), Blue Chip Broker reserves the right to decline your deposit, return the money to the source of origination, void any transactions and terminated this Agreement.
9. If Blue Chip Broker is not satisfied that a payment method is in your name, Blue Chip Broker reserve the right to ask you for documents to prove this before Blue Chip Broker decide whether to credit your Account.

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WITHDRAWALS

1. If your Account shows Free Balance, you can ask Blue Chip Broker to pay some or part of that Free Balance to you.
2. Blue Chip Broker may choose to withhold some or all any withdrawal that you request at its own discretion if:
   1. Blue Chip Broker requires you to maintain a certain amount of money in your Account to meet our margin obligations/requirements.
   2. Blue Chip Broker is entitled to withhold the amount under the Corporations Act; or
   3. In line with section 2.6.
3. Blue Chip Broker will inform you as soon as reasonably possible if Blue Chip Broker decides to withhold any part of your Free Balance.
4. Blue Chip Broker has the right to refuse to act on Instructions to send funds to a bank account or any other account if it has a reason to believe this destination account is held in a different name than the trading account name.
5. Blue Chip Broker will use all reasonable endeavors to make payments to the Client in accordance with the timing specified in the Client’s Instructions. However, Blue Chip Broker shall not be liable under any circumstances for any direct, indirect or consequential loss (including any loss of profits) incurred as a result of a delay in funds reaching the Client’s nominated account.
6. Blue Chip Broker will not be liable if a payee/beneficiary bank fails to process a payment correctly.
7. Blue Chip Broker is only required to make an international payment to or at the direction of the Client on a particular Day if cleared funds have been received by Blue Chip Broker prior to the Cut-off Time for that Day. International payments relating to funds received by Blue Chip Broker after the Cut-off Time for a Day will be made on the next Day.

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The Client agrees all funds in and out of the Account are subject to Blue Chip Broker’ deposits and withdrawals policy on our website.