XO application (without logic)

Individual Application Form

Personal Details
Title*
Surname*
Forename(s)*
Date of Birth*

DayMonthYear
Date
National Insurance Number *
(UK Residents Only, otherwise input N/A)
Memorable Word*
For security reasons, we ask you to come up with a memorable word. When you contact us we will ask you for your memorable word.
Place of birth *
(according to passport)
Country of Birth*
Marital Status*
Customer Type*
Please ensure you fill out our corporate application form located at this link here: https://enigmastrategy.com/corporate-application/
Country of Residence*
Contact Details
House number/name*
Street*
Town City*
Post Code*
At address less than 3 years?*
Previous House Number / Name
Previous Street
Previous Town
Previous City
Previous Post Code
Home Telephone
Business Telephone
Mobile Telephone*
Email 1*
Email 2

Employment Details
Employment Status *
Position Held
Employer / Business Name
From (Years / Months)
Nature of Business
Annual Income *
Further questions
What is the approximate value you will be investing ?*
i.e. £10,000
Is this application being written (or is being referred) by a regulated intermediary?*
Please write the name, email and financial reference number (FRN) of the regulated intermediary.
Do you wish to be classified as an Elective Professional Client?*
Select Base Currency*

Requested Services

Select one service only, per single application.
CFD (FX, Commodities, Equities, Indices) Trading Account*
If you are deemed appropriate, at the end of this application, you will be able to proceed with the opening of your trading account.
Futures & Options Trading Account*
If you are deemed appropriate, at the end of this application, you will be able to proceed with the opening of your trading account.
General investment account (ETF, Fixed Income, Gilts, Funds, Equities) Trading Account*
Small Cap Investment Account (AIM, Euronext) Trading Account*

Knowledge and Experience Questions

If you are deemed appropriate, at the end of this application you will be able to proceed with the opening of your Trading account.
In order to consider your application for Enigma’s services, we must first gather some information from you as part of our appropriateness assessment. An appropriateness assessment is required to determine whether our products are suitable for you.
What is your overall general understanding of the derivatives market and derivatives trading? *
What are your trading objectives ?*
Do you work, or have you worked in the financial sector for at least one year in a relevant professional position which requires knowledge of the nature and risks associated with the products that you wish to invest in?*
Do you have any qualifications relevant to the products you intend to trade?*
Score - Relevant Role*
Please select awarding body
Please select qualification
Please select qualification
Please select qualification
Please select qualification
Please select qualification
Please select qualification
Please select qualification
Please select qualification
Please select qualification
Please select qualification
Please select qualification
Please select qualification
Please select qualification
Score - Qualification*
Score - Trading Objective*
Score - Worked in relevant role*
Score Stage 3*
Result - Stage 3*
Score - Derivatives experience *

Previous trading history

With respect to the products associated with the type of trading account you have selected, please provide your experience over the past 12 months
Derivative products (CFDs, Spread betting, FX, Warrants, Futures & Options)
Frequency:*
Over the past 12 months
Trade Size
Service Type:*
Score Stage 4*

Knowledge assessment
Multiple Choice Questions relevant to Experience
When buying a CFD contract in equities, I physically own shares and can attend AGMs?*
The exchange rate between two countries is influenced by the following factors:*
Unlike stock markets, the forex market has neither central exchange nor actual physical location. Since all of your transactions will be with your opted Broker, you are trading in an “Over The Counter” (OTC) market.*
If you open 1 standard lot of GBP/USD and your account has a leverage of 1:25, what is the margin required to open that trade?*
The FTSE 100 has a sell price of 5000 and a buy price of 5002. You open a long (buy) CFD trade of 2 contracts, equal to £20 per point. The price increases to a sell price of 5006 and a buy price of 5007. You close your trade. What is your profit?*
If an investor cannot make a further payment to meet a Margin Call Requirement, the OTC CFD provider has the discretion to liquidate or close-out the clients OTC CFD position, without reference to the investor.*
Which of the following statements are true?*

A. A market order is an order to be executed immediatelyB. A stop loss order is not guaranteed, especially in stressed market conditionA and BNeither
Result - CFD MCQs*
Score - CFD MCQs*
Multiple Choice Questions relevant to Futures and Options
If you hold a Futures position open overnight, which of the following is required to be deposited?*
Which of the following statements is true regarding Futures?*
EURIBOR futures currently suggest a potential raise in the base rate by the European Central Bank from its lowest point; other factors being equal what will happen to EUR/USD in this case?*
Which of the following has the potential for unlimited losses?*
The German Bund Future is quoted 172.25 / 172.26, If you sell 1 Bund contract (contract size €10) at the bid price and the market moves up to 172.83 / 172.84, what is your open loss?*
Score - Der MCQs*
Result - Der MCQs*
Score - Stage 6*

Source of Funds and Wealth of the Investor
Source of Funds to be invested*
Describes the transaction(s)/economic event(s) which gave rise to the funds to be sent to us.
The funds were generated in the following jurisdiction(s)*
Source of Wealth (i.e. Total Net Worth)*
Describes the activities which have generated the Investor’s total net worth. Information concerning the geographical sphere of the activities which have generated the Investor’s wealth may also be relevant. Generic statements such as “business activities” are not acceptable and we will require full description of how the company or the settlor made their money.
Wealth was generated in the following jurisdiction(s):*
Where Source of Funds/Wealth has originated from the carrying on of a business activity, please describe it here*
Including a list of all relevant companies and their jurisdictions of incorporation

Payment Instructions
Bank Details

Note transfers from Accounts may ONLY be made to an account held in the SAME NAME as the name of the Investor
Bank name
Account name
Account number
Account number
Sort code
If applicable
Swift code/ABA number
IBAN number
Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code

Your Responsibilities and Declarations

Read carefully
Valuation and online access. At any time we will be able to send you, on request, an up to date account valuation or statement of your account at no charge. Statements of account are sent out quarterly, but we would advise that you check your account at least once a day to review trades executed, valuation of open positions, margin usage and general portfolio composition. It is your responsibility to monitor and address any issues that you might find*
(Applicable to ALL clients)
Your responsibility to check your trades. For all trades executed you will receive a contract note. You can also view the details of all your transactions via your online portfolio. It is your responsibility to ensure that these details are correct. If you do identify an error you must contact the firm immediately*
(Applicable to ALL clients)
Can you confirm that you have understood your responsibilities and agree to them?*
(Applicable to ALL clients)
Risk Warnings

Read carefully
Do you appreciate that investors should carefully consider their own personal financial circumstances before dealing in the stock market, and should consider the risks as described above?*
(Applicable to ALL clients)
Do you understand that there is an extra risk of losing money when shares are bought in smaller companies, speculative high yield bonds and investments that are not readily realisable, e.g. unquoted companies or smaller less liquid quoted companies, and you may have difficulty in selling them at a reasonable price and in some circumstances it may be difficult to sell at any price?*
(Applicable to ALL clients)
Do you understand the risks associated with derivative investments?*
(Applicable to ALL clients)
Contracts for difference (CFD)/Leveraged trading: Transactions in Foreign Exchange contracts carry a high degree of risk and may not be suitable for all investors. The “gearing” or “leverage” often obtainable in Foreign Exchange trading means that a relatively small market movement can lead to a proportionately much larger movement in the value of your liability. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Do you agree ?*
(Applicable for Futures & Options, FX & CFD clients only)
Transactions in futures involve the obligation to make, or to take delivery of the underlying asset of the contract at a future date, or in some cases to settle your position with cash. They carry a high degree of risk. The “gearing” or “leverage” often obtainable in futures trading means that a small deposit or down payment can lead to large losses as well as gains. It also means that a relatively small market movement can lead to a proportionately much larger movement in the value of your investment, and this can work against you as well as for you Futures transactions have a contingent liability, and you should be aware of the implications of this, in particular the margining requirements, which are set out in the paragraph “Contingent Liability Transactions”. Do you agree ?*
(Applicable for Futures and Options clients only)
There are many different types of options with different characteristics subject to different conditions: Buying Options: Buying options involves less risk than selling options because, if the price of the underlying asset moves against you, you can simply allow the option to lapse. The maximum loss is limited to the premium, plus any commission or other transaction charges. However, if you buy a call option on a futures contract and you later exercise the option, you will acquire the future. This will expose you to the risks described under “Futures” and “Contingent Liability Transactions”*
(Applicable for Futures and Options clients only)
The value of investments can fall as well as rise; you may not necessarily get back the amount you invested. Past performance is no guarantee of future performance. Changes in exchange rates may also cause your investment to go up or down in value. Tax laws are subject to change and depend on individual circumstances. Please ensure that you fully understand the risks involved. If in any doubt, please seek independent financial advice.*
(Applicable to ALL clients)
DECLARATIONS

Read carefully
I understand that in accordance with the EC Money Laundering Directive, Enigma Strategy Limited is required to verify my identity. I accept that Enigma Strategy Limited and/or its counterparties will carry out an electronic check where possible to verify my identity as the account holder. I understand and accept that if Enigma Strategy Limited is unable to verify my identity through an electronic search, they will ask me to provide additional documents to verify my identity. *
(Applicable to ALL clients)
I understand that Enigma Strategy Limited will rely on the information provided in opening this account and represent that the information is correct and complete. I agree to notify you promptly of any material change to my circumstances as this may otherwise affect the suitability of Enigma Strategy investment decisions or recommendations. *
(Applicable to ALL clients)
I confirm that I have acted in my own name as specified in this application and not on behalf of a third party in respect of all matters related to this client relationship. Accordingly, all funds to be deposited and traded are my own funds. *
(Applicable to ALL clients)
If you are classified as a professional client we are obliged to inform you that as a consequence of this classification, you may lose the protections afforded to retail clients under the rules of the financial conduct authority. you will be provided with a separate notice detailing the protections that you may not be entitled to and you will be required to sign this notice in order to confirm your acceptance of your classification as a professional client.
IMPORTANT: Terms of Business

This Account Application Form and our Terms of Business set out the basis of your relationship with Enigma Strategy Limited. We intend to rely on these documents and for your own benefit and protection, you should read the Terms of Business, which include, but are not limited to the risk warnings and disclosures, the order execution policy, the Terms and Conditions, potential conflicts of interest, data protection and disclosure of information and the commission and charges carefully before submitting this Form. If you do not understand any item therein, please ask for further details.

I understand that for my own benefit and protection, I should read Enigma Strategy Limited’s Terms of Business carefully before signing this application form including, but not limited to, the Risk warnings and disclosures, the Order execution policy, and the Standard tariff of fees and charges.
I understand that I will be bound by these Terms of Business and if I do not understand any point then I should ask for further information before submitting this application form.*
(Applicable to ALL clients)
Total Score*
Result*
Failure Reason*

Failure Warning

Based on the information you have provided and the risks associated with investing, Enigma does not consider that its high risk investment services will be suitable for you at this time. This includes our Copy trading service and/or Derivative products.

If after further consideration, you still wish to consider trading with Enigma, the following options are available to you:
- You may be eligible for our advisory and/or standard discretionary services.
- You can proceed to see if you are suitable for our non-high-risk products and/or service. To enquire please e-mail support@enigmastrategy.com
Please note you will not be permitted to apply and complete another suitability assessment with us within three months of the date of this assessment.

As with any investment, your capital is at risk, as the value of your investment can go down as well as up. CFDs are complex instruments. Between 66-73% of retail CFD accounts lose money.
Should be Empty:

Individual Application Form

Contact Details

Employment Details

Further questions

Requested Services

Knowledge and Experience Questions

Previous trading history

Derivative products (CFDs, Spread betting, FX, Warrants, Futures & Options)

Knowledge assessment

Multiple Choice Questions relevant to Experience

Multiple Choice Questions relevant to Futures and Options

Source of Funds and Wealth of the Investor

Payment Instructions

Bank Details

Your Responsibilities and Declarations

Risk Warnings

DECLARATIONS