HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO
REPRESENTATION IS BEING MADE THAT ANY SUBSCRIBER WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE
SHOWN BY TFP; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE
ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL
PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL
TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT
OF FINANCIAL RISK ON ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR
TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING
RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY
SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE
RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS. PERFORMANCE TABLES AND RESULTS THAT ARE HYPOTHETICAL IN
NATURE DO NOT REPRESENT TRADING IN ACTUAL ACCOUNTS, UNLESS OTHERWISE STATED. IF IT DOESN'T SAY "LIVE TRADING
RESULTS," THE TABLES AND RESULTS ARE DERIVED FROM HISTORICAL CHARTING RESULTS.

TFP also recommends you review the Commodity Futures Trading Commission (CFTC) consumer advisory on FX trading fraud:
http://www.cftc.gov/opa/enf98/opaforexa15.htm


                        ...          . Subscriber Agreement To Terms & Conditions   

                         .. .. For TFP's Managed Forex Investment Account   
Account                        

{                                


.TFP Shall Act As Trading Agent For Subscriber's Forex Trading Account And Shall Sign A
.Disclosure Agreement Approved & Provided By The Subscriber's Choice Of Dealer. TFP, {or         
.Keith Long}.Is Not Responsible For Losses Resulting From Trades In The Subscriber's Account.

...  TFP Has Access To Subscriber's Trading Account For Limited Purposes

.Each Subscriber Has A Firewall Of Protection For Their Account's Capital Through The
.Dealer/Broker's Account Agreement, Whereby No One Except The Subscriber May Have Access
.To Account Funds. TFP llc Registers With The Dealer As Subscriber's "Trading Agent" And Has
.Limited Access To The Online Account For Trading Purposes Only. Absolutely No Access To
.Subscriber Funds Is Permitted. Fees may be deducted by dealer at months'end with subscriber's
.approval per the terms of this agreement only.

                                                      Fees Paid To TFP

.TFP Shall Earn Fees Based Only On Profits Generated By TFP's Management Of Subscriber's
.Account. Fees Are 10% To 25% Of Profits Earned As Of The End Of Each Month {Depending On  
.# Of Lots Traded As Detailed Herein}. Subscriptions Are Month-To-Month And Renewal Shall Be  
.At The Discretion Of the Subscriber or TFP.

.Subscribers May Pay Elect To Pay Fees And/Or Deposits {Up To $1,000} By Credit Card,
.Processed Either By.Our Online Format Or Through TFP's Office. Any Balances Remaining Must    
.Be Paid Promptly By.Check Via Overnight Mail Or Bank Wire.

.Regardless Of The Beginning Date For Any Managed Forex Account By A Subscriber, The             
.Calender End of Each Month Is The Date When Monthly Profits &.Fees, If Any Are Determined.    
.At The End Of Any Month Where No Profits Are Earned For The Subscriber's Account Then          
.There Are No Fees Due To TFP.

.So For Example, If A Trader Begins His Subscription On The 10th Day of A Month, Nevertheless,  
.The First Month's Trading Profits For Fee Purposes Will Be Determined On The Last Trading Day   
.Of That Same Month. Thereafter, A Full Calender Month's Trading Will Be Typical.

.In The Event That The Last Calender Date For A Month Falls On A Saturday Or Sunday, Then The
.Immediately Preceeding Friday {Or Legal Trading Date In The US} Will Become The Final             
.Month's Trading Day For Billing Purposes And Profits Will Be Determined For Fee Purposes As  
.Follows:

.On The Last Trading Day Of A Month And In The Hours Between Noon & 5 PM EST, A TFP            
.Trading Executive Will Note And Record The Subscriber's Account Balance, Exact Time And Date,
.And That Figure Will Then Become The Basis For Profits And Fees Owed For the Month By Each   
.Subscriber. Copies Of The Recorded Account Balance At That Time Will Be Immediately Sent        
.From TFP To The Subscriber For His Records. For Those Subscribers Who Wish To Pay Fees
.Directly, Without Dealer Deduction, These Rules Below Will Apply.

.TFP Will Email Subscribers Their Month Ending Account Balance & {10% To 25%} Fees               
.Statement Within 24 Hours Of The Month's Last Trading Day. Subscriber Accepts The                  .
.Responsibility Of Paying Fees Within 72 Hours Upon Such Notice From TFP. Subscriber Further    .
 Agrees That In The Event of Late Payments, There May Be a Late Payment Penalty Fee of 10%    
.Assessed By TFP. Notification Of Intention To Make Payment Is Sufficient To Meet TFP's 72 Hour
.Payment Deadline. Thereafter, Payment Must Be Received Prior To 7 Days After The Last Trading
.Date For Any Month.

.TFP May Withhold Trading Execution Of Its System Where No Intention For Payment Of Fees
.Owed From Any Month Exceeds 72 Hours Beyond Due Date, Or More Than 7 Days Elapses
.Without Receipt Of Payment. Subscriber Agrees That TFP May Also Use Deposits Provided To
.TFP And Apply Such Deposits Against Fees And Penalties Owed. In Any Event Where Subscriber
.Fails To Provide Written Notice Of Termination Of Subscription Or Fails To Pay Fees Based on
.Profits, Including Any Penalty For Late Payment, TFP May Cancel Remainder Of Monthly
.Subscription.At Its Discretion.

.In The Event That A Subscriber For Any Reason Suspends TFP Access To His Account, Closes His
.Trading Account, Or For Any Other Reason TFP Is Unable To Trade Subscriber's Account, Then    
.Trading Results And Account Balance As Of The Last Accessible Point Shall Be The Basis For
.Determining Month Ending Profits, If Any, And Fees Due TFP. Except That In Those Cases Where
.TFP's Access Is Suspended On Other Than The Last Trading Day Of Any Month Due to
.Subscriber Action Or Notification To Suspend, And That Results In The Inability Of TFP To Access
.And Trade Subscriber's Account, Any Balance Of Deposits Due Subscriber Are Forfeited, And
.Retained As Penalty By TFP. To Avoid Such Forfeiture, Subscriber Need Only Give 72 Hours
.Notice Prior To The Last Calender Date Of Any Month Of Their Intention Not To Renew.
.Subscription For A Following Month. Upon Such Notice, This Deposit Penalty Shall Not Be
.Applied.



               .....        ....                Designation Of Dealer

.The Choice Of A Dealer For Subscriber's Account Is An Important Decision For Both The
.Subscriber and TFP. Consistent And Reliable Fills On Trade Instructions Are Important For The
.Profit Performance Of TFP's Trading System. Therefore, Subscriber Agrees That TFP Will
.Designate A Major, Well Recognized Dealer With These Resources For Tight Fills As Subscriber's
.Forex Dealer.

.Nevertheless, If A Subscriber Has A Preferred Dealer That He/She Would Like To Propose As
.The Account Dealer To Trade TFP's System, Then TFP Will Review Subscriber's Choice And Make
.A Determination Of Said Dealer's Applicability For TFP's Forex Trading System.


....    Use Of Deposits As Security Deposit Against Fees Due Monthly

.As Of April 1, 2008,.Fees Can Be Deducted Automatically At The End Of Each Month By The
,Dealer And Held For Withdrawl By TFP llc Per.An Agreement Signed By The Account Holder, TFP
.llc & The Dealer Prior To Account Activation.

.Because Each Subscriber Will Have A Personal TFP Trading Executive Trading The TFP System In
.His Account 24 Hours, Each Trading Day, And Because Profits May Accrue During An Entire
.Month On Subscriber's Behalf, Subscribers Are Asked To Provide TFP A Good Faith Fee Deposit  
.Upon Their Registration. The Maximum Number Of Lots Traded Will Be Supported by A Deposit    
.Provided By Subscribers At The Rate of $500/Each 5 Full Lots Traded In Account. TFP's Policy
.Is To.Recommend $5,000 Of Account Funding To Support 1 Full Lot Trading. All Mini Lot
.Accounts Require a $500.Deposit.

.Each Subscriber's Deposit Is Rolled Over As They Renew Successive Monthly Subscriptions.
.When A Subscriber Elects Not To Renew Their Subscription, 100% Of Their Deposit Is Returned
.Immediately By TFP, With Interest, Except Where Termination Of A Subscription Occurs 1 Year  
.Or Less From Date Of Beginning Of Subscription Term. Then 1/2 Of Deposit Is Refundable.

.That is,.In The Case Of A Subscription Termination In 1 Year Or Less, Then An Administrative
.Fee Of $250/5 Lots Is Retained By TFP, And Is Deducted From Subscriber's Deposit Refund, But
.The.Remaining Balance Plus Interest Is Returned Immediately To Subscriber. Deposit Rules May
.Be Amended Without Notice.

.........          

...                                      Mini Lot & Full Lot Trading Accounts


.All Subscribers Whose Account Trades Mini Lots Or Full Lots During the Month Will Have Fees.
.Calculated As Follows. In Those Months Where The Account Balance Confirms A New
.Month's-Ending Profit, No Fees Will Be Due TFP Unless The New Account Balance Exceeds The
.Previous Maximum Amount {Month's-Ending} Account Balance Reached Anytime In The
.Subscription Period.

.To Explain In Detail:Where A New High Month's-Ending Account Balance Is Reached, Fees Are
.Owed By Subscriber To TFP Only On The Total That Exceeds The Previous Account Balance
.Maximums. In The Event Of A Drawdown In A Previous Month, It May Occur That Profits Earned
.For.Subscriber's Account In The Subsequent Month Is Greater Than The Amount On Which Fees.
.Are Due. This Benefits TFP's Subscribers Because TFP States That Fees Will Only Be Due To TFP
.For That Portion Of A Month’s Profits Which Equals The Difference Between The Current
.Month's Account-Ending Balance Total And The Account Balance's Previous High.Month's-
.Ending Total For The Account During The Entire Term Of Subscription.




          Limited Power Of Attorney And Managed Account Authorization

.The Managed Account Subscriber {undersigned} authorizes:

.Trading Agent As TFP/Transparent Forex Profits LLC________________________

.as agent and attorney-in-fact to purchase and sell currencies on the OTC foreign exchange  
.markets {Forex-OTCFX} or otherwise for the undersigned's account and risk. The undersigned
.subscriber hereby agrees to indemnify and hold TFP LLC, Keith Long, or any employees harmless
.for all losses, indebtedness and liabilities arising therefrom.

.Subscriber's dealer will be authorized to follow the instructions of the aforesaid agent in every
.respect concerning undersigned's account with dealer, except that said agent is not authorized
.to withdraw any money, securities, or any other property either in the name of the trader or  
.otherwise.

.The undersigned hereby ratifies and confirms any and all transactions agent makes with dealer
.heretofore and hereafter made on behalf of or for the account of undersigned.

.The undersigned hereby ratifies and confirms that he/she has agreed to compensation for the
.trading agent's services according to the terms defined above.

.Because the risk factor is high in OTCFX trading, only genuine "risk" funds should be used in
.such trading. If Subscriber/undersigned does not have the extra capital the Trader can afford to
.lose Trader should not trade in the OTCFX. No "safe" trading system has ever been devised and
.no one can guarantee profits or freedom from loss. In fact no one can even guarantee to limit
.the extent of losses.

.Even though the Subscriber has granted trading authority to another, diligence is required to
.closely scrutinize what is going on in the account. The Subscriber should carefully review dealer
.statements. If there are any questions, contact TFP immediately.

.This trading authorization over subscriber's account terminates only upon written revocation by
.Subscriber or the Trading Agent holding the authorization. Except that should Subscriber, even
.by error, prevent Agent's access to account through password revocation, etc., then Subscriber
.agrees that Agent's record up to that point of trades made and their profits and losses, shall be
.used to determine account balances and any fees due agent by Subscriber.

.This authorization and indemnity is a continuing one and shall remain in full force and effect until
.revoked by the undersigned via a written notice address to TFP and delivered to TFP.

.Subscriber understands and certifies that he/she has the financial resources to enter this
.Agreement and that all trading objectives and risks have been explained. The undersigned
.Subscriber acknowledges having received, read and understood the foregoing and separate
.dealer-provided Limited Power-of-Attorney, Managed Account Authorization, Risk Disclosure
.And Terms And Conditions Of Subscription Agreement with TFP in full. Additionally Subscriber
.affirms that he/she has read, understands and accepts the risk disclaimer below.

.Subscriber's Electronic Signature____________________________


.Date______________________________________
............                Risk Disclaimer Is Part Of This Agreement
TFP                   Transparent Forex Profits LLC
Subscription Agreement Information
Welcome To TFP
......    Want A
..   "Plain  English"
.Summary Of Your    
   Agreement With     
            TFP?
.. .   Click Below
..........                                               TFP's Market Opinions

.Any opinions expressed by TFP regarding the prices of specific currencies and the direction they
.will take in the future are purely opinions. They are not guaranteed in any way. In no event shall
.TFP LLC or TFP LLC system developer Keith Long have any liability for any losses incurred in
.connection with any decision made, action or inaction taken by any party in reliance upon the
.information.provided verbally or via the internet, or any delays, inaccuracies, errors in, or
.omissions of.information.

                                                  High Risk Investment
Margined Currency Trading is an extremely risky form of investment and as such is only suitable for individuals and institutions
prepared to handle the potential losses it entails. An account with many forex dealers permits you to trade foreign currencies on a
highly leveraged basis (up to approximately 100 times your account equity). An initial deposit of $2,000 will enable the account holder
to take a maximum position with $200,000 market value. The funds in an account trading at maximum leverage can be completely
lost, if the position(s) held in the account has a one percent swing in value. Theoretically, an account could lose more than the equity it
contains, if the account is trading at maximum leverage and positions held in the account swing more than one percent in value. Given
the possibility of losing one's entire investment, speculation in the foreign exchange market should only be conducted with risk capital
funds that, if lost, will not significantly effect one's personal or institution's financial well being.

                                                  TFP's Market Opinions
Any opinions expressed by TFP regarding the prices of specific currencies and the direction they will take in the future are purely
opinions. They are not guaranteed in any way. In no event shall TFP or TFP system developer Keith Long have any liability for any
losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided
verbally or via the internet, or any delays, inaccuracies, errors in, or omissions of information.

                                                   Internet Trading Risks
Furthermore, for those traders accounts where TFP uses online trading platforms, they should be aware that there are risks associated
with utilizing an Internet-based deal execution trading system including, not limited to, the failure of hardware, software, and Internet
connection.

TFP's trading alerts and instructions and system performance may be dependent on wireless text messaging, typically to a cell phone,
PC, or other similar device. Traders must know that the failure of any one of these components including alert providers not associated
with TFP, can cause trading losses, and that TFP will not be liable for any such loss that results from failure to receive trading signals
and instructions caused by equipment or provider failure. Similarly, inconsistent or arbitrary fills by the subscriber's trading dealer, or
any software or equipment malfunction may generate losses that TFP cannot control and therefore is not liable for.


                                                 Risk Disclosure Statement
This brief statement does not disclose all of the risks and other significant aspects of trading in leveraged investments. In light of the
risks, you should undertake such transactions only if you understand the nature of the contracts (and contractual relationships) into
which you are entering and the extent of your exposure to risk. You should carefully consider whether trading is appropriate for you in
light of your experience, objectives, financial resources and other circumstances. Due diligence is essential with respect to relying on
any other party for advice, and/or execution of trading decisions in forex.