Individual Account Application

I agree that now and in the future when selecting “I AGREE,” “I CONSENT,” “I ACKNOWLEDGE,” “I CONFIRM,” or other similarly worded click-entry fields or checkboxes with mouse, keystroke or other device, my agreement or consent will be legally binding and enforceable and the legal equivalent of my handwritten signature.

By selecting “I AGREE,” “I CONSENT,” “I ACKNOWLEDGE,” or “I CONFIRM,” I am representing that I have read and understood the document displayed and agree to be bound by the terms and conditions of the relevant document.

I agree the electronically stored copy of this signature on this agreement and other documents is admissible and enforceable by Advantage Futures LLC (hereafter referred to as “Advantage”), and I agree not to contest such use.

I agree to be bound by any affirmation, assent, or agreement transmitted to Advantage electronically via computer, telephonic or wireless devices, or other electronic means.

I agree no certification authority or other third-party verification is necessary to validate my signature, hereafter referred to as my “E-Signature,” and lack of such certification or third party verification will not in any way affect the enforceability of my E-Signature or any resulting contract between Advantage and me.

BY CHECKING I ACKNOWLEDGE BELOW, CLIENT HEREBY ACKNOWLEDGES TO HAVE RECEIVED AND UNDERSTANDS THE FOLLOWING RISK DISCLOSURE STATEMENTS PRESCRIBED BY THE CFTC AND OTHER RISK DISCLOSURES AND INFORMATION FURNISHED HEREWITHIN:

• Risk Disclosure Statement for Futures and Options
• CFTC Rule 1.55 Disclosure Document - Advantage Futures LLC
• Electronic Trading and Order Routing Systems Disclosure Statement
• Direct Order Transmittal Client Disclosure Statement
• Disclosure Pursuant to Commodity Futures Trading Commission Rule 1.46 (e)(1)
• Privacy Notice
• Advantage Futures LLC Electronic Access Policy
• NFA Investor Advisory - Futures and Virtual Currencies Including Bitcoin
• CFTC Customer Advisory: Understanding the Risks of Virtual Currency Trading
• Electronic Trading Guidelines – Montreal Exchange
• Australian Securities and Investments Commission Notification
• Special Notice for Foreign Brokers and Foreign Traders (For non-US accounts only)
• Options Special Instructions Notice
• Non-cash Collateral Disclosure

By checking the box "I ACKNOWLEDGE", I confirm that I have received the above disclosures and notices in the Advantage Futures LLC Futures Client Disclosures and Notices Booklet and understand all the above provided disclosures and notices.

BY CHECKING THE BOX "I AGREE AND ACKNOWLEDGE", CLIENT AGREES AND ACKNOWLEDGES TO THE TERMS OF THIS CLIENT AGREEMENT

Account Notices should be transmitted no later than the next business day after a transaction has been effected. In event of a disruption in the ability of Advantage Futures LLC to transmit Account Notices by electronic means, Advantage Futures LLC reserves the right to transmit Account Notices by any means that it reasonably deems appropriate, including by facsimile or regular mail. My consent will be deemed effective until further notice is given. This consent may be revoked at any time by written notice to Compliance@AdvantageFutures.com

Please Read and Acknowledge Below

I fully understand trading in futures contracts, options on futures, foreign exchange transactions, trading physical or cash commodities, and exchange for physicals (“EFP”), or any other transaction Advantage Futures LLC ("Advantage") executes or clears on my behalf involves volatile markets subject to sharp price fluctuations which may result in the loss of capital greater than the amount of capital contained in my account. I understand on certain trading days, trading may be halted to my financial disadvantage. I affirm to be willing and financially able to assume the risks to which my capital will be exposed.

I hereby authorize Advantage at any time to make inquiries, including with banks or any credit agency, for purposes of verifying information contained in this Application or otherwise supplied to Advantage. Further, I understand if Advantage discovers any adverse information that bears on my credit worthiness or questions the legality, soundness or ethics of my business dealings, Advantage may refuse to accept or continue to keep me as a client.

BY CHECKING THE BOX BELOW "I AGREE", I REPRESENT AND WARRANT TO ADVANTAGE FUTURES LLC THE FOREGOING INFORMATION CONTAINED IN THIS CLIENT ACCOUNT APPLICATION AND ANY INFORMATION SEPARATELY PROVIDED TO THE FIRM IS TRUE, CORRECT, ACCURATE, AND COMPLETE. I AGREE TO NOTIFY ADVANTAGE FUTURES LLC IN THE EVENT ANY INFORMATION CONTAINED IN THIS APPLICATION OR SEPARATELY PROVIDED HEREWITH CHANGES.

As a courtesy for clients, Advantage Futures LLC ("Advantage") has made arrangements with one or more other registered FCMs (“Order-Taking FCM”) to provide client access to a global 24-hour execution service. This service is operated by personnel from the Order-Taking FCM, not Advantage personnel. Because some electronic trading systems only accept orders that specify a limit price or do not accept contingent orders, and because the possibility of electronic trading system failures or unavailability, and Exchange actions beyond the Order-Taking FCM’s control always exist, be advised all orders place with or submitted through, such  global 24-hour execution service will be accepted only on a “not-held basis,” meaning that neither Advantage nor the Order-Taking FCM assumes any liability for any failure of order entry, execution, or cancellation of an order or for any errors arising at, or related to, a 24-hour execution service, except error due to willful misconduct or gross negligence.

 

By checking I AGREE below, you are confirming you have read, understand and accept the above.

Advantage Futures LLC (“Advantage”) is authorized and directed, at any time and from time to time, without prior notice to Client, to transfer from one account of Client to another account of Client carried by Advantage (including transfers between regulated and non-regulated accounts) such excess funds, equities, securities or other property as in Advantage’s judgement may be required for margin, or to reduce any debit balance or to reduce or satisfy any deficits in such accounts, provided such transfer is not in conflict with the Commodity Exchange Act or other regulations promulgated there under. Notices of all transfers of funds made pursuant hereto shall be promptly confirmed in writing to the Client.

 

By checking I AGREE below, you are confirming you have read, understand and accept the above

Client hereby agrees that without prior notice from Advantage Futures LLC (“Advantage”), when Advantage executes, sells or buys orders on Client’s behalf, Advantage, its directors, officers, employees, agents affiliates and any floor broker may buy or sell for an account in which any such person has a direct or indirect interest, subject to the limitations and conditions, if any, contained in the by-laws, rules or regulations of the exchange or board of trade upon which such buy or sell orders are executed, and subject to the limitations and conditions, if any, contained in any applicable regulations lawfully promulgated by the Commodities Futures Trading Commission

 

By checking I AGREE below, you are confirming you have read, understand and accept the above.

Enter your TIN. The TIN provided must match the name given on line 1 to avoid backup withholding. For individuals, this is generally your social security number (SSN). However, for a resident alien, sole proprietor, or disregarded entity, see the instructions for Part I, later. For other entities, it is your employer identification number (EIN). If you do not have a number, see How to get a TIN, later.

Under penalties of perjury, I certify that:

1. The number shown on this form is my correct taxpayer identification number (or I am waiting for a number to be issued to me); and
2. I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup withholding; and
3. I am a U.S. citizen or other U.S. person; and
4. The FATCA code(s) entered on this form (if any) indicating that I am exempt from FATCA reporting is correct.

 

Based on the Subscriber’s qualifications, Subscribers may be charged reduced Fees for Information. To qualify for the reduction in Subscriber Fees, Subscriber must be considered a “Non-Professional.”

Non-Professional shall mean and include either (i) an individual, natural person Subscriber(s) who, or (ii) certain small business entities (limited liability companies, partnerships, trusts or corporations) that, receive and use Information (excluding any pit traded data), in each case subject to the following restrictions:

The Non-Professional Subscriber must:

(a) have an active futures trading account;

(b) be an individual, natural person or small business entity

The Non-Professional Subscriber must not:

(c) be a member (or hold or lease any type membership) of any exchange;

(d) be registered or qualified as a professional trader or investment adviser with any stock, commodities or futures exchange or contract market, or with any financial regulatory authority

(e) be acting on behalf of an institution that engages in brokerage, banking, investment, or financial activities

The Non-Professional Subscriber’s Use of Information must:

(f) be solely for the Subscriber’s personal or private use;

(g) be limited to managing the Subscriber’s own assets, and not be used in connection with the management of any assets of any third party(ies) in any capacity

The Non-Professional Subscriber’s Access to Information must only

(h) be via a maximum of two trading terminals per Distributor, permissioned for Real-Time Information and capable of routing orders to the CME Globex Platform (an “Order Routing Device”).

Any Subscriber who does not meet the qualifications of a Non-Professional Subscriber will be considered a Professional Subscriber.

Notwithstanding anything herein, CME reserves the right in all cases to make a final determination as to whether a Subscriber is a Non Professional or a Professional. CME reserves the right to amend this policy or terminate reduced fees for Non-Professionals at any time.

Subscribers who qualify as Non-Professionals should sign below and return this Self-Certification form to Distributor. Please note that this form may be subject to Distributor’s review and approval. Subscriber must notify Distributor as soon as is reasonably practicable in the event that Subscriber no longer qualifies as a Non-Professional. I hereby certify that I qualify as a Non-Professional pursuant to the definition described herein:

 

BY CHECKING THE BOX BELOW, I AGREE THAT NOW AND IN THE FUTURE WHEN SELECTING "I AGREE," MY AGREEMENT OR CONSENT WILL BE LEGALLY BINDING AND ENFORCEABLE AND THE LEGAL EQUIVALENT OF MY HANDWRITTEN SIGNATURE. BY SELECTING "I AGREE" I AM REPRESENTINGHAT I HAVE READ AND UNDERSTOOD THE DOCUMENT DISPLAYED AND AGREE TO BE BOUND BY THE TERMS AND CONDITIONS OF THE RELEVANT DOCUMENT. I AGREE THE ELECTRONICALLY STORED COPY OF THIS SIGNATURE ON THIS AGREEMENT IS ADMISSABLE AND ENFORCEABLE BY ADVANTAGE FUTURES LLC, AND I AGREE NOT TO CONTEST SUCH USE.

Based on the Subscriber’s qualifications, Subscribers may be charged reduced fees for market data. To qualify for the reduction in Subscriber fees, Subscriber must be considered a “Private Individual.”

The Private Individual shall only apply to those Subscribers which satisfy all the criteria set forth below:

(a) The Subscriber is a natural person;
(b) the Subscriber does not operate a credit institution or financial services institution;
(c) the Subscriber will use the Information exclusively for his/her private purposes, such as, in particular, the management of his/her own private assets;
(d) the Subscriber will not use the Information for business purposes, such as commercial securities trading or the professional management of third-party assets, or for his/her activities with a credit institution, a financial services institution or any other company which is subject to any domestic or foreign banking, stock exchange, securities trading or investment supervision;
(e) the Subscriber will also not use the Information in any other manner for the purposes of third parties, such as, for instance, the non-professional management of third-party assets or within the framework of a non-commercial investment club; and
(f) the Subscriber will not distribute the Information onward to third parties and will not make the Information available to third parties, in particular such third parties which do not qualify as Private Individuals.

 

Subscribers who qualify as Private Individuals should sign below and return this Self-Certification form to Distributor. Please note that this form may be subject to Distributor’s review and approval. Subscriber must notify Distributor as soon as is reasonably practicable in the event that Subscriber no longer qualifies as a Private Individual. I hereby certify that I qualify as a Private Individual pursuant to the definition described herein:

 

BY CHECKING THE BOX BELOW, I AGREE THAT NOW AND IN THE FUTURE WHEN SELECTING "I AGREE," MY AGREEMENT OR CONSENT WILL BE LEGALLY BINDING AND ENFORCEABLE AND THE LEGAL EQUIVALENT OF MY HANDWRITTEN SIGNATURE. BY SELECTING “I AGREE” I AM REPRESENTING THAT I HAVE READ AND UNDERSTOOD THE DOCUMENT DISPLAYED AND AGREE TO BE BOUND BY THE TERMS AND CONDITIONS OF THE RELEVANT DOCUMENT. I AGREE THE ELECTRONICALLY STORED COPY OF THIS SIGNATURE ON THIS AGREEMENT IS ADMISSIBLE AND ENFORCEABLE BY ADVANTAGE FUTURES LLC, AND I AGREE NOT TO CONTEST SUCH USE.