Corporate App Form

ENIGMA STRATEGY LIMITED

APPLICATION FORM

CHARITY, TRUST, and COMPANY Account

The following statement applies exclusively to our Discretionary and Advisory services. If you are registering for an execution-only account, please disregard this message.

In order to consider your application for Enigma’s discretionary services, we must first gather some information from you as part of our suitability assessment. A suitability assessment is required to determine whether our services are suitable for you. If you are deemed suitable, at the end you will be able to proceed with your selection of a strategy or model portfolio based on your risk tolerance identified in the assessment (discretionary services). Please note, the selection of any particular strategy or model portfolio is entirely your decision and Enigma is not making any personal recommendations to you as to the merits of any particular strategy/model portfolio. If you are unsure, you should seek independent financial advice before continuing. Where you have chosen Enigma’s Advisory services, then we will use the information you have provided to recommend investments in line with your personal circumstances and investment objectives.

This form enables you to apply for a corporate client account with Enigma Strategy Limited. To make this application you will need some important pieces of information at hand, and the appropriate individuals will need to provide their details and sign the form.

WHO SHOULD SIGN THIS FORM?

On behalf of the applicant
• In the case of a company, two of the directors
• In the case of a partnership or LLP, two of the partners

BOARD RESOLUTION

Your board must hold a meeting and pass certain resolutions to enable your company to open an account with us. We will ask you to certify that this has happened in the certified board resolution section. The board must also authorise people to trade on your company's account ('Authorised Signatories'). The Authorised Signatories must sign the authorised signatories list in the schedule.

SUPPORTING DOCUMENTATION NEEDED

The following supporting documentation must accompany the Company's completed account Application Form:

• Copy of the Memorandum and Articles of Association

• Copy of the Certificate in Incorporation

• Copy of the most recent accounts

• Proof of Registered address (recent annual return or print out from the company registry)

• Proof of Trading (postal) address if different to registered address (recent copy of bill or bank statement showing the Company's name and business address)

• Copy of register of shareholders (or partners if a partnership or LLP) PLUS verification of the identity of shareholders or partners with a holding of 25% or more. For individual shareholders, please provide a copy of passport and a recent copy of residential utility bill being no more than 3 months old for each. If a shareholder with a shareholding of 25% or more is a corporate entity please provide all the information in this list for each entity)

• ID and address verification of the two directors or partners

• Recent bank statement confirming the bank details that will be used to fund the account

• Full name, address and date of birth of the authorised signatories. If an authorised signatory is not a director then we will need a Power of Attorney signed by a director authorising the individual(s) to operate the account.

WE ARE NOT ABLE TO OPEN AN ACCOUNT WITHOUT THIS SUPPORTING DOCUMENTATION

Wherever possible we will use electronic verification (EID) methods to verify an individual's identity. You will need to provide ONE of current identification e.g. passport, photo ID driving license, National ID card etc. and ONE proof of address e.g. bank statement, council tax bill or utility bill (not mobile phone or credit card statement) which is less than 3 months old.

If you are a Non-EU/EEA Resident we will require documentary proof of your identity and address as described above. Both documents must be certified or notarised by a regulated or professional person such as a notary, lawyer, financial Intermediary or accountant. The full name, address, occupation, date and signature of the person who is certifying must be evident - If possible, an official stamp should be used.

Risk Warning: The value of shares can fall as well as rise; you may not necessarily get back the amount you invested. Past performance is no guarantee of future performance. Extended runs of losses as well as profits can occur. Only speculate with money you can afford to lose. 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.

CERTIFIED BOARD RESOLUTION
I (name)*
Company Secretary/Director/Partner
of (Name of Company)*
Certify that the following resolutions were duly passed by the Directors of the Company at a meeting held on:
Date*

MonthDayYear
Date
IT WAS RESOLVED AS FOLLOWS:

1. That account(s) (the "Account(s)") be opened with Enigma Strategy Limited in the name of the Company for the purpose of entering into share dealing and any transactions related or ancillary to any of the contracts.

2. That an agreement ("the Agreement") be entered into with Enigma Strategy Limited in connection with the opening of the Account(s) in such form as Enigma Strategy Limited shall require the Agreement and that all transactions entered into by the Company shall be subject to the terms of the Agreement as amended from time to time.

3. That each of the persons whose names and specimen signatures appear in the attached authorised signatories list (the "Authorised Signatories") shall be and are hereby jointly and severally authorised to sign any document In connection with the opening or operation of the Account(s), including (but without limitation) the Agreement and any document creating, perfecting or relating to any mortgage, charge or encumbrance over the Company's assets and to give any oral or written instructions to Enigma Strategy Limited with respect to the Account(s) Including (but without limitation), Instructions to effect or otherwise enter into transactions with or on behalf on the Company.

4.That any transactions of any description whatsoever previously entered into by the Company with or through Enigma Strategy Limited are hereby ratified and approved.

5. That these resolutions be communicated to Enigma Strategy Limited and shall remain in force and that Enigma Strategy Limited shall be entitled to rely on the same until an amending resolution shall be passed, and a copy certified by an officer of the Company shall have been received by Enigma Strategy Limited.

I further certify that there is no legal or other reason why the Company should not conduct this business.
Signature of Company Secretary/Director or Partnership Partner:*

Clear
Signature of Company Secretary/Director or Partnership Partner:*

MonthDayYear
Date
Risk Warning: The value of shares can fall as well as rise; you may not necessarily get back the amount you Invested. Past performance is no guarantee of future performance. Extended runs of losses as well as profits can occur. Only speculate with money you can afford to lose. 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.

WHERE THE SPACE ALLOCATED FOR INFORMATION IS INSUFFICIENT, PLEASE PROVIDE SUCH INFORMATION VIA EMAIL AND INDICATE THE RELEVANT SECTIONS AND SUBSECTIONS TO WHICH SUCH INFORMATION REFERS.

REFERENCES TO A BENEFICIARY OR THE BENEFICIARIES ARE REFERENCES TO ANY NATURAL PERSON WHO OWNS AT LEAST 25% OF THE INVESTOR; OR SETTLOR/PROTECTOR/BENEFICIARY ENTITLED TO, OR WHO IS LIKELY TO BECOME ENTITLED TO, THE ASSETS OR INCOME OF THE INVESTOR.

Section I - Investor Profile
Entity Information
Legal Entity Name*
Where the Investor is a Trust - provide the name of the Trust and not the Trustees.
Account Title (Where the Investor is a Trust provide name of Trustees).*
i.e. Limited, PTY, LLP, FZ
Nature of Business *
Legal Entity Identifier (Not applicable where the Investor is a bare trust or if the Investor only purchases and redeems units in collective investments)*

Not ApplicableApplicable:
Legal Entity Identifier
Refer to MiFID II: LEI and NPI Guide
Type of Account*

CompanyTrustCharity
¹ Refer to MiFID II: LEI and NPI Guide

Contact Details for the Investor
Registered business address for the corporate entity *
Contact person for the Investor*
Business telephone number
Please enter a valid phone number.
Mobile number
Please enter a valid phone number.
Email address *
example@example.com
Website address *

	Country	Natural Person Identifier1	Expiry Date (if applicable)
1st

	Country	Natural Person Identifier¹	Expiry Date (if applicable)
1st

Contact Details of the Beneficiaries
Beneficiary
Residential address*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Home telephone number
Please enter a valid phone number.
Work telephone number
Please enter a valid phone number.
Mobile telephone number
Please enter a valid phone number.
Email address*
example@example.com
Preferred contact method*

Home phoneWork phoneMobile phoneEmail
Beneficiary 2
Residential address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Home telephone number
Please enter a valid phone number.
Work telephone number
Please enter a valid phone number.
Mobile telephone number
Please enter a valid phone number.
Email address
example@example.com
Preferred contact method

Home phoneWork phoneMobile phoneEmail phone

Company

Complete if the Investor is a company, partnership or other corporate entity
Company Number*
Country of Incorporation*
Directors
Beneficial owner(s) or controller(s) who control or own 25% or more of the company*
Settlors (if applicable)

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

	Initial Investment Amount
Initial Investment Amount

Income and Investments
Monthly Income*
Monthly outgoings*
Other Liabilities (total loans and credit cards)*
Investments
Cash*
(including ISA)
Derivatives*
i.e. (CFDs, FX, Warrants, Futures & Options)
AIM shares, small Cap shares & Equity Placings)*
Major Shares*
(e.g. FTSE 350, DJIA, DAX, S&P ect.)
Gilts, Bonds & Collective Investments*
(unit trusts, investment trusts & ETFs)
Other Investments*
(please provide details) or put N/A

Knowledge and Experience Questions
Overall understanding of general financial and economic affairs?*
For how long do you wish to save / invest for?*
What are your trading objectives?*
Do you wish to be classified as an Elective Professional Client?*
Do you expect your existing level of income / earnings to*
Do any directors of the company possess qualifications pertinent to the products you plan to engage in trading?*
Please provide more information
Has the firm (or directors at the firm) 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?*
What is your anticipated or projected retirement age?*
Is there anything else you would like to inform us of that we should take into consideration when assessing your suitability?*
If yes, please specify or write N/A
Are there any particular types of products / investments / markets that you do not wish to invest in?*
If yes, please specify or write N/A

Previous History with Trading and Investment
Collective Investment, Gilts & Bonds e.g. Unit Trusts, Investment Trusts & ETFs
Frequency:*
Trade size:*
Service Type:*
Major Shares (e.g. FTSE 350, DJIA, DAX, S&P, CAC, SMI)
Frequency:*
Trade size:*
Service Type:*
AIM Shares, Small Cap Shares, Illiquid Shares & Equity Placings
Frequency:*
Trade size:*
Service Type:*
Derivative products (CFDs, Spread betting, FX, Warrants, Futures & Options)
Frequency:*
Trade size:*
Service Type:*

Investment Objective and attitude to risk
I would probably invest a significant sum in a high risk product:*
The idea that the value of the returns on my investment may be variable makes me anxious:*
In my view, you need to take risk to make a return:*
If there’s a chance of making better long term returns, I am prepared to take a risk:*
I would be anxious if I saw the value of my investments go down in value:*
I would get a thrill from making a risky investment with my money:*
Risks are necessary to make money:*
I would consider investing in a high risk product for the excitement of going up or down in value:*

Knowledge assessment

You are required to complete this section if you've submitted an application for the Pella Investment Strategy or chosen to engage in CFD trading.
When buying a CFD contract in equities, I physically own shares and can attend AGMs?
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?
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.
The exchange rate between two countries is influenced by the following factors:
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.
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?
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

Knowledge assessment

You are required to complete this section if you've submitted an application to engage in Futures and Options trading.
If you hold a Futures position open overnight, which of the following is required to be deposited?
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 statements is true regarding Futures?
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?
Which of the following has the potential for unlimited losses?

Section III – 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
Bank address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Account name
Account number
Sort code
If applicable
Swift code/ABA number
IBAN number

	TIN	No TIN
TIN. (Please tick if the Investor has a TIN or equivalent number for that jurisdiction)

	Jurisdiction
Jurisdiction: in which jurisdiction(s) is the Investor resident for tax purposes? (Tax residency usually means the jurisdiction(s) in which the Investor has an obligation to pay taxes or file tax returns)
Please provide your TIN/Equivalent number, if applicable.

	TIN	No TIN
TIN. (Please tick if the Investor has a TIN or equivalent number for that jurisdiction)

	Jurisdiction
Jurisdiction: in which jurisdiction(s) are you resident for tax purposes? (Tax residency usually means the jurisdiction(s) in which you have an obligation to pay taxes or file tax returns)
Please provide your TIN/Equivalent number, if applicable.

Your Responsibilities and Declarations
Enigma’s CFD managed account services are contingent upon your decision to copy a specific strategy provider/s and follow a particular strategy/s. In making such decision, you have considered your entire financial situation including financial commitments and you understand that using copy trading is highly speculative and that you could sustain significant losses from copying a strategy provider/s and a particular strategy/s. Whilst we vet all providers, the final selection will be down to you. Enigma will not advise on a client’s selection of a strategy provider and/or strategy. Do you agree ?
(Applicable to copy trading clients only)
Any past performance of strategies, risk score, statistics and any other information with respect to users appearing on our websites and applications are not indicative of future results and should be considered as hypothetical as more fully described below. It is important to understand the high risk nature of CFD trading, statistical information and historical performance are not a guarantee of future performance. No representation or guarantee is being made that any account will or is likely to achieve profits or losses similar to those shown. When reviewing the Content, portfolio, financial performance information, opinions or advice of another registered user, You should not assume that the user is unbiased, independent or qualified to provide financial information or opinions. Enigma Strategy does not guarantee any order including the placing of stop orders such as Copy Stop Loss. Accordingly, regardless of the entry or closing designation, Enigma Strategy does not guarantee that the trade will be filled at the order price/stop loss percentage and you may lose more than the original amount used to copy such strategy. Do you agree ?
(Applicable to copy trading clients only)
Your responsibility to say no. It is your trading account and you are in control. If you are unsure of any advice provided by your investment advisor, then you must NOT proceed with the transaction. If you do accept and agree to any recommendations made, then you automatically accept the risks of that trade. It is imperative that you are happy with the investments being recommended to you, including their level of risk, the transaction size and the frequency with which trades are being conducted on your account. If you decide that you are unhappy with any of the above or your personal circumstances change, please notify your Investment Advisor immediately and ask to speak to the compliance officer.
(Applicable to Advisory clients only)
Whilst we will always endeavour to ensure that the Investments offered to you are suitable, our suitability determination is only as good as the information that you have provided to us. In order to ensure the correct level of advice, it is important that you always notify us if either your 1) risk appetite 2) investment objectives or 3) financial circumstances change. It is also important to notify us if your health deteriorates. If you are unsure you should seek professional financial or medical advice before proceeding. Do you agree ?
(Applicable to Advisory clients only)
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 then you must notify your investment advisor immediately
(Applicable to Advisory clients only)
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 Advisory clients only)
You have thoroughly reviewed and understand the investment brochure pertaining to the specific investment product you intend to invest in?*
(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 Standard Discretionary (Derivatives) & Copy Trading 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 Standard Discretionary (derivatives) 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 Standard Discretionary (Derivatives) 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 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 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)
With respect to the investment, I wish to make. I can confirm that I have read and understood the investment brochure, and/or prospectus, and/or term sheet, and/or KIID document. I fully understand the risks involved and if in any doubt have sought independent financial advice.*
(Applicable to ALL clients)
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 signing and returning this application form.*
(Applicable to ALL clients)

MAXIMUM DRAWDOWN

The drawdown limit on your trading account will be subject to a maximum of the initial account deposit (less any fees); if this level is reached, no further trading will be undertaken on your trading account. You"The Client" acknowledges and understands this risk and agrees not to hold Enigma Strategy Limited (acting as the Attorney/Money Manager, as per the duly signed Limited Power of Attorney - (the “Investment Manager”), liable for any losses on the account. The maximum drawdown figure is not a guarantee and is on a "best endeavours" basis, and only indicates your risk appetite. Enigma Strategy will present strategies which have not previously reached the drawdown limit selected by you.Note: Past performance or drawdown is no indicator of future success and there can be no assurance that future performance will achieve comparable results or that target returns will be met.
Select drawdown limits
Company Name*
Director Name*
Signature*

Clear
Date*

MonthDayYear
Date
Should be Empty:

CERTIFIED BOARD RESOLUTION

Section I - Investor Profile

Entity Information

Contact Details for the Investor

Personal Details of all Beneficiaries

Beneficiary

Beneficiary 2

Contact Details of the Beneficiaries

Beneficiary

Beneficiary 2

Company

Source of Funds and Wealth of the Investor

Section II – Financial & Investment Information

Account Type

Income and Investments

Investments

Knowledge and Experience Questions

Previous History with Trading and Investment

Collective Investment, Gilts & Bonds e.g. Unit Trusts, Investment Trusts & ETFs

Major Shares (e.g. FTSE 350, DJIA, DAX, S&P, CAC, SMI)

AIM Shares, Small Cap Shares, Illiquid Shares & Equity Placings

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

Investment Objective and attitude to risk

Knowledge assessment

Knowledge assessment

Section III – Payment Instructions

Bank Details

Dividends & Interest

Section IV – Tax Information

A - FATCA Status

B - Common Reporting Standard (CRS) Tax Status

C - Controlling Persons

Your Responsibilities and Declarations

Risk Warnings

DECLARATIONS

MAXIMUM DRAWDOWN