1.The margin system involved in precious metal transactions brings leverage effect, Client should acknowledge and understand the high risk of leveraged trading.

2.If the market goes against Client’s position, this may lead to decrease of its margin level, Client may be unable to pay the necessary additional funds timely to maintain its position which may then lead to its position being closed forcibly, Client shall in such event be responsible for all resulting losses.

3.When Client intends to limit the loss of an order to a specified amount or price (e.g. by "stop-loss" and “stop-limit” orders), SINO SOUND makes no guarantee that the order may be executed at the limit or be executed at all.

SINO SOUND provides client with fair, transparent, stable and fast trading platform, but the occurrence of majeure event may lead to inevitable risks. Risks caused by force majeure event includes but not limited to:

· The source of price quoting is closed or damaged temporarily , or ceases to operate because of human factors.

· Abnormal changes of price or loss of liquidity in the precious metal market;

· The publication of macroeconomic reports, or other political and economic information which have significant impact on the price of precious metals;

· SINO SOUND shall not be held responsible for the malfunction of the electronic trading system due to hardware and software damage;

· Failure to connect the Internet due to the network supplier's fault;

· Policy decisions and orders made by the administrative department of China;

· Failure or breakdown of the network or power system.

1.Client should read and study the relevant documents for account opening, get familiar with the terms and conditions about the trading procedure, acknowledge and understand the risks and responsibilities in the investment procedure.

2.The account opening procedure must be handled by client itself.

3.Client shall provide SINO SOUND with all the necessary materials and documents for the account opening procedure, and ensure the authenticity, integrity and accuracy of the provided information. SINO SOUND shall have the right to verify the authenticity and accuracy of the information provided by the clients.

4. Client should pay attention to protect the confidentiality of its account, shall not disclose the password to anyone. SINO SOUND shall not be held liable or responsible for the unauthorized use of client’s trading account due to the failure of keeping the password securely.

5. According to Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Financing Institutions) (AMLO (cap.615)) of Hong Kong, client of SINO SOUND can only its own bank account for deposit and withdrawal.

6. Client should make trading orders independently. Do not rely on or trust the advice from the so-called "teachers" or "masters" blindly, more importantly, do not authorize others to trade.

7. Trading service provider and Introducing Brokers are separate from and independent of each other. SINO SOUND has no duty or obligation to supervise or monitor the activities of the Introducing Brokers. SINO SOUND shall not be responsible or liable for any commitment or marketing strategy made by the Introducing Brokers, to which client should make its own judgement.

8. SINO SOUND does not provide any kind of trading call service, and the information on SINO SOUND’s official website is for reference only, which cannot be taken as investment advice directly. Client should acknowledge and understand that:

Orders following the trading systems, courses, programs sold or provided by SINO SOUND and any third party, including the Introducing Broker, does not necessarily result in profit, risk avoiding or risk limiting.

9.I have read and understand the client agreement.