Risk Disclosure Agreement – Clause on Use of Virtual Private Servers (VPS)

Clause : Restrictions and Conditions for Use of Virtual Private Servers (VPS) in Trading

1. General Prohibition on VPS Usage
JKV Global strictly prohibits the use of Virtual Private Servers (VPS) for trading activities on its platform, except under specific circumstances as outlined in this clause. The use of a VPS without prior authorization may result in non-compliance with the Company’s policies and could lead to restrictions or penalties, including but not limited to the rejection of withdrawal requests.

2. Conditional Allowance for VPS Usage
In certain cases, the Company may permit the use of a VPS for trading, subject to explicit approval from the Company’s Support Desk. Account holders seeking to use a VPS must adhere to the following procedure:


a. Submit a formal request via email from the account holder’s registered email address to the JKV Capital Market Support Desk ([email protected])

b. The request must include:

• The account holder’s full name and account number.
• A detailed explanation of the purpose and necessity of using a VPS for trading.
• Any additional information or documentation as may be requested by the Support Desk to evaluate the request.


c. The Company reserves the right to review and verify the request, including conducting due diligence to ensure compliance with applicable laws, regulations, and internal policies.
d. Approval for VPS usage will be communicated in writing by the Support Desk. The use of a VPS prior to receiving written approval is strictly prohibited.

3. Compliance and Verification Process
Upon receipt of a VPS usage request, the Support Desk will undertake a thorough review to assess the legitimacy and compliance of the request. This process may include, but is not limited to:

• Verification of the account holder’s identity and account status.
• Evaluation of the trading strategy or technology necessitating the use of a VPS.
• Ensuring that the use of a VPS does not violate any regulatory requirements, anti-money laundering (AML) policies, or the Company’s terms and conditions.
The Company reserves the right to deny any request for VPS usage at its sole discretion, without providing a detailed explanation.

4. Consequences of Unauthorized VPS Usage
Account holders who use a VPS without prior written authorization from the Company will be deemed non-compliant with this Agreement. Unauthorized VPS usage may result in the following consequences:


a. Immediate suspension or restriction of trading activities on the account.


b. Rejection or delay of withdrawal requests, pending further investigation and resolution of compliance issues.

c. Potential termination of the account, at the Company’s discretion, in accordance with the Terms of Service.


d. Any losses, penalties, or liabilities incurred due to unauthorized VPS usage shall be borne solely by the account holder.

5. Withdrawal Requests and Compliance
Withdrawal requests from accounts found to be using a VPS without prior authorization may be subject to additional scrutiny and could be delayed or rejected due to strict compliance requirements. Account holders are solely responsible for ensuring that their trading activities, including the use of a VPS, comply with this Agreement before submitting a withdrawal request. The Company shall not be liable for any financial or operational impact resulting from delays or rejections caused by non-compliance.

6. Account Holder’s Responsibility
It is the sole responsibility of the account holder to:

• Obtain prior approval for VPS usage as per the procedure outlined in this clause.
• Notify the Support Desk promptly of any changes to the approved VPS setup or trading strategy.
• Ensure that the use of an approved VPS complies with all applicable laws, regulations, and the Company’s policies.
Failure to adhere to these responsibilities may result in the revocation of VPS usage approval and/or other penalties as described in this Agreement.

7. No Liability for Losses
The Company shall not be liable for any losses, damages, or missed trading opportunities arising from the rejection, delay, or suspension of trading activities or withdrawal requests due to unauthorized or non-compliant VPS usage. Account holders acknowledge and accept that strict compliance with this clause is essential to maintain the integrity and security of the Company’s trading platform.

8. Amendments to VPS Policy
The Company reserves the right to amend, modify, or update this clause at any time, with or without prior notice, to reflect changes in regulatory requirements, operational policies, or market conditions. Account holders will be notified of any material changes to this clause via their registered email address or through the Company’s platform. Continued use of the platform following such amendments constitutes acceptance of the revised terms.

9. Contact Information
For all inquiries or requests related to VPS usage, account holders must contact the JKV Capital Market Support Desk at [email protected] or through the designated communication channels provided on the Company’s official website (www.jkvglobal.com).