Margin and Derivatives Trading Agreement with OKX Middle East Fintech FZE

Section 1 - Introduction

1. Scope

This Agreement governs all Margin Trading and Derivatives Trading Services provided by OKX Middle East Fintech FZE ("OKX") through its platform. It supplements our Terms of Service and applies specifically to:

• Retail Investors
• Qualified Investors
• Institutional Investors

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2. Key Definitions

| Term | Definition |
|------|------------|
| Leverage | Borrowed funds to amplify trading positions |
| Maintenance Margin | Minimum collateral required to keep positions open |
| Mark Price | Reference price for calculating unrealized P&L |

Section 2 - Services Overview

Available Products

1. Margin Trading

   • Borrow virtual assets to trade with up to 10X leverage
   • Isolated/cross margin modes available

2. Derivatives

   • Futures Contracts (Weekly/Quarterly expiries)
   • Options Contracts (European-style settlement)
   • Perpetual Swaps (Funding rate mechanism)

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Restrictions: Retail investors may only access Margin Trading.

Section 3 - Risk Management

Early Warning System

• Notifications triggered at:

  • Default: 300% Margin Ratio
  • Configurable: 150%-200% (advanced users)

Liquidation Process:

1. Positions force-closed at 100% Margin Ratio
2. Negative balances covered by Insurance Fund
3. Auto-Deleveraging activates if fund depletes 30%+

FAQs

Q: How often are funding fees charged?
A: Every 8 hours for perpetual contracts (04:00/12:00/20:00 UAE Time).

Q: Can I change leverage after opening a position?
A: Yes, via account settings - but this may affect liquidation price.

Q: What happens if I can't meet a margin call?
A: Positions will be automatically liquidated.

Section 4 - Fees & Compliance

Fee Structure

• Trading fees: 0.02%-0.05% (maker/taker)
• Funding fees: Variable based on market conditions
• Liquidation fee: 0.5% of position value

Tax Note: VAT may apply for UAE residents.