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UWCFX HAS SPONSORED THE 13TH BIGGER’S BETTER TOURNAMENT IN CYPRUS Limassol, Cyprus- 9th July 2012: United World Capital Limited (“UWCFX”) one of the world's fastest growing providers of online foreign exchange (“Forex”), CFD, Futures and Commodities trading, was delighted to be the general sponsor of the 13th Bigger’s Better boxing tournament. The 13th Bigger’s Better boxing show that took place last Friday in Limassol, Cyprus was a truly exciting event with 8 heavyweight men fighting. From the first fight and knockout of Polish fighter Kamil Malysz by Ukrainian Pavel Zhuravlyov, to the spectacular final that included an extra round - Latvian Mairis Briedis and Pavel Zhuravlyov - the show was overflowing with thrilling moments. The final fight in fact, was a rematch from 2 years ago, Bigger’s Better show that also took place on 7th May, 2010 also in Cyprus. Ultimately, it was Mairis Briedis who won the 13Bigger’s Better winners title for the 2nd time in his career and got the 15,000 USD prize stake. “UWCFX was honoured to support 13th Bigger’s Better tournament in Cyprus. We believe that Forex and boxing have a good synergy together: both are competitive, involve strategies and require a great deal of technical skills. We were glad that we could watch this event together with our clients and partners here in Limassol, as well as with millions of others who followed the event on Eurosport. We are also very happy and proud that our personal favourite boxer of this event - Mairis Briedis, became the winner”- says the UWCFX Deputy Managing Director- Guntars Pupelis. United World Capital would like to take this opportunity to thank all who have helped in organizing the 13th Bigger’s Better event, and all boxing fans for sharing the Friday’s evening with UWCFX.

WEEKLY WINNERS OF THE FOREX DEMO CHAMPIONSHIP FOR THE WEEK 02-06 JULY. UWC is pleased to announce the following weekly winners of the Forex Demo Championship for the week of 02-06 July: 1st Prize - $1000 Bonus - riascosv 2nd Prize - $800 Bonus - winner 3rd Prize - $500 Bonus - Irina Most Active Trader Award - $100 Bonus - MontyWilden Congratulations to all winners! We would like to take this opportunity to thank all participants and to warmly invite all of our clients to take part in our weekly Forex Demo Championship Remember the Earlier You Join the Contest- the Bigger the Chance You Have of Winning!

Grim sentiments impact markets DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments Asian and Australian stocks dropped for the fifth day in row Wednesday as concerns over Italy’s debt, profit warnings and US corporate earnings damaged regional sentiment. Dow Jones Industrial average closed down 0,78 % on fear that the global economic slowdown will erode corporate earnings. The EURO/USD fall yesterday, but has recovered trading at 1.2257 in Asia. The Japanese yen continues to strengthen: USD/JPY at 79,3227. The strong yen put pressure on Japanese exports and the Nikkei. Gold dropped from 1600 yesterday, trading at 1573. Oil prices are slightly down. Brent at 98,35. There are no major changes in the overall currencies picture. Europe returned to the forefront of investors concerns when Italian Prime Minister, Mario Monti, indicated that he will ask European governments to permit that the bailout fund to buy Italian bonds. Monti insisted, however, that Italy do not need a bailout in the scale of Greece. His comments come, however, just weeks after claims that Italy would not ask its European partners to buy Italian debts. US experienced a new broker scandal when the Iowa-based PFGBest was the latest future broker to collapse. Regulators accused PFG and its owner for over the last two years misappropriating customer funds. In England, new aspects of The Barclays scandal are revealed, portraying a banking culture of greed and mutual accusations. Copyright: United World Capital

Euro 30 billion for Spanish bail-out DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments The Euro zone ministers of finance yesterday night decided to transfer Euro 30 Billion as a bail out of the striving Spanish banks. The first tranche shall be released in August. By injecting the bail-out funds directly into the banks, this is a banking and not a sovereign state bail out as is the case with Greece. The ministers simultaneously are considering a similar bail-out of Euro 6,1 Billion to the striving Cypriot banks. This is eventually going to be executed in September. The bail-out of the Spanish banks are a direct following up of decisions taken by the EU-summit ten days ago. It came after the interest rate on Spanish bonds yesterday again went through the critical 7 % level. The initiative of the finance ministers helped to stabilize the Euro, which during early trading on Monday hit its lowest level in 2 years. Euro/USD is trading at 1.2300. The USD has weakened marginally over the last 24 hours. The Japanese Yen has strengthened. USD/JPY is at 79,495. Oil prices have fallen. Brent is at 98,65. Gold and silver stabile with an upward trend. Stock exchanges in Europe, US and Asia continues to fall. The giant alloy producer, Alcoa, started the quarterly season by reporting better than expected results due to new orders from the car and airplane industry. Chinese numbers for import and export in June show weaker domestic demand, which seems to indicate that the GDP shall fall below 8 % when figures are released in a week. Import figures rose with 6 % much below experts forecasts. Export rose 11 %, higher than forecasts, but lower than May’s 14 %. China has once again a record surplus on its trading balance. The Finance ministers’ decision has calmed markets somewhat, but there are increasing signs that Europe’s economic and monetary union may be fragmenting faster than policy makers can repair. Spanish, Greek and Italian banks have seen a deposit flight gaining pace. Whether a euro zone agreement to lend Madrid Euro 30 of the 100 Billion requested, will reverse these flows, is still an open question. It is expected that national bond rates and the Euro shall come under renewed pressure during the week. Copyright: United World Capital

EURO LOWEST IN TWO YEARS DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments Growth worries after sluggish US job data, took the Euro/USD to its lowest level in two years. The Euro dropped to 1.2225 in early Asiantrade to recover somewhat. It is now trading at 1.2292. Asian shares fall. The MCXI index is down 1,50 %. Cooling inflation numbers from China deepened worries about slower economic growth. The Euro fell as deep as to 1,2225 in early trade in Asia. The US dollar vexes muscles and is gaining towards all currencies. Oil prices are relatively strong with Brent trading at 98,89. Commodity linked currencies as the Australian and New Zealand dollars, which is a good barometer on the risk appetite in the market, hit one-week lows. The British pound, GBP, is trading below 1,55 towards the USD. Commodity prices continue to fall as do precious metals. Gold is at 1580. Silver just above 27. Euro zone finance ministers are meeting in Brussels today in an effort to follow up the EU summit decisions a week ago. On the top of the agenda is a rescue plan for Europe’s struggling banks. Bailout requests from Spain and Cyprus shall be considered. The new Greek government has signaled renegotiations in an effort to obtain better terms and conditions to sugar its austerity measures towards a critical public. The earnings season in the US start with quarterly report cards from blue chip stocks as Alcoa and J. P. Morgan next week. There is no big optimism. Europe’s crisis continues to draw much attention, but with little clarity as to how the euro zone’s debt and banking problems will be fixed. That in spite of numerous meetings as the Finance ministers coming up today. Copyright: United World Capital

Cyprus tries to play hard ball (06/07/2012) WEEKLY MARKET REVIEWS Arne Treholt Vice-President of Business Development and Investments As the fifth country inside the euro zone, Cyprus, which this month also took over the chairmanship of the European Union, has asked for a bail out for its debt stricken banks. At a press conference together with the Head of the European Commission, Jose Manuel Barroso on Friday, the island’s president Demetris Christofias, again plaid the Russian card and stressed that Russia is still a candidate for stepping in and bail out his country. With the “mother land” Greece’s misery in fresh memory, Christofias, don’t want “Greek austerities” to be impressed upon Cyprus. He has continuously stressed that Cyprus is facing a banking and not a sovereign crisis. Therefore, Cyprus feels free to ask whatever country for help. And then why not Russia which generously have helped out before; as they did two years ago. Then the loan was on 2,1 Billion Euro. This time the price tag has increased to 6,1 Billion Euro to save Cypriot banks which have acted irresponsible. Christofias is playing hard ball logic, but that does not stand up to European orthodoxy. Cyprus is member of the European family, and EU-countries inside the Euro zone are treated equally with regards to bail-outs. Why should Cyprus be given better loan terms and conditions by going outside the zone and ask a third country for help? Barosso then gave Christofias a frosty answer. That Christofias is the only communist leader in the European Union does not help either. For European bureaucrats principles are more important than practical realities. The medicines ordained for Greece, Spain, Ireland and Portugal have to be the same for Cyprus. To ask for better terms and conditions in Russia, represent a serious break with the EU code of conduct and their “solidarity”. Barosso was tiff lipped. Neither did it make any impression when Minister of Finance, Vassos Shiarly, stressed that Cyprus had been forced to take extremely big losses on the Euro zone’s haircuts for Greece. Cyprus creditors had a 80 % loss equal to 4,2 Billion Euro, a quarter of Cyprus’ GDP. Cyprus demonstrated disproportionate European solidarity then so why not a little generosity now? But this kind of logic does simply not work in relation to a striving periphery in Southern Europe. Striving member countries in the outskirts start to awaken to the harsh reality that the EU and the EURO are something quite different from the European dream they had before entry. Copyright: United World Capital

UWCFX LAUNCHES KNOCKOUT BONUS PROMOTION United World Capital Limited is pleased to announce its new KNOCKOUT BONUS promotion. As you might already know, United World Capital will be the General Sponsor of the 13th Bigger’s Better (BB) boxing tournament that will take place in Limassol, Cyprus on Friday 6th July. On this occasion, UWCFX has prepared a gift for all of its traders. Each client who makes a deposit during the week following the BB’s tournament (6th-13th July), will get up to 40% *deposit bonus! Questions? Ask your Personal Account Manager for further details. Finally, do not miss the 13th Bigger’s Better tournament - UWCFX guarantees it will be spectacular! You can watch it Live on Eurosport on Friday 6th July at 9pm (CET/GMT+2). Enjoy the show! *Trading Credit Policy applies.

Despite cuts shares falling DAILY MARKET REVIEWS Arne Treholt Vice-President of Business Development and Investments Both the European (ECB) and the Chinese Central Banks yesterday cut their interest rates to encourage economic growth, but to no avail. Both European and American markets reacted by sending stocks down. Asian stocks also slipped despite the new stimulus steps taken by the central banks. The Bank of England kept its interest rate at the low 0,25 % as an indication that there are limited tools left in the central banks arsenal for further monetary actions. The Chinese interest cut is the second in one month, increasing investors fear that the Chinese economy is sinking faster than earlier expected. The non-farm payrolls numbers that the US Labor Department is expected to release today, is neither giving raise to market optimism. US employers have most likely hired more labor last month, but not enough to allay worries that Europe’s debt crisis is shifting the global economy into low gear. ECB’s decision to cut interest rate with 25 basis points to 0,75 immediately led to new pressure on the Euro, which is trading at 1.2384. The American dollar is strengthened against many currencies. A decision from the Swedish Central Bank to keep the interest rate at the same level, led to a rally in Swedish krones at the expense of the EURO. While commodities and precious metals are trading down; gold is at 1605, Brent crude is continuing to trade above the critical 100-dollar level pr. Barrel. In addition to implementation of EU sanctions on oil import from Iran, the US has increased its military presence in the straits of Hormuz, which Iran has threatened to mine to block oil transports from the Middle East, if further sanctions were executed. Copyright: United World Capital

US stocks raise on stimulus expectation Moody’s downgrade Cypriot banks Arne Treholt Vice-President of Business Development and Investments US stocks staged a comeback rally to end up more than one percentage on expectations that the Federal Reserve (FED) would have to undertake stimulus measures. Also European stock markets rose for the first time in three days. This as Spanish ten years bonds reached a record high. Euro/USD is trading at 1.2490 slightly down from yesterday. Oil price still under downward pressure. Brent is trading at year’s low 97.01. Trading in stocks have been choppy this week as markets struggle for clarity after the USD 125 B bailout of Spain’s banks. Investors are asking whether the agreed bailout will be effective. More than 10 Spanish banks have been downgraded, and bond yields are more and more seen as thermometer for risk aversion. Sectors, which have been sold off recently, posted the biggest gains in yesterday US rally with Boeing climbing 3 % as the winner. This seems to indicate that investors see value in beaten down shares. In Greece the Left wing coalition Syriza has rejected to enter into a coalition with PASOK, the former government party, which supported the Memorandum and austerity measures. Syriza is together with the center right New Democracy in head in the opinion polls prior to Sunday’s election. The outcome of the Greek election might be decisive for whether Greece might have to exit the Euro. The Greek elections are therefore followed with great interest by global market and other Euro-countries. Moody’s investor Service on Tuesday cut the credit ratings on two Cypriot banks, Bank of Cyprus (BOC) saw its rating cut by one notch to B2. Hellenic Bank got its credit deposits and credit assessments ratings lowered to B2. The Cypriot banks are heavy exposed to Greek treasury bills and Greek private lenders. Cyprus Popular Bank, the country’s second biggest lender has till 30th June to find 1,8 billion Euro in fresh capital to meet European regulators conditions. In a statement, the Cypriot Minister of Finance did not rule out an EU bailout to prop up its Greece exposed banks. Cyprus is going to take over the half-yearly chairmanship of the EU from July 1st. Copyright: United World Capital

Market euphoria turns into sellout Arne Treholt Vice-President of Business Development and Investments After some few hours’ euphoria over the bailout of Spain’s bank turned around. A morning relief rally in Europe quickly transformed into a sellout when Investors struggled to come to grip with the content of bank bailout. While Spain’ Prime Minister Rioja, tried to sell the “bailout” as en extended credit line for the banks, he was quickly corrected European officials stressing the necessity for cuts and austerity measures. Investors came to the same conclusion. European stock exchanges changed from optimistic blue into red. Dow Jones fell, and Nasdaq plunged 1,70 %. Banks as Bank of America and J.P.Morgan along with Hewlett-Packard, Alcoa and Microsoft being the big losers. The downtrend continues in Asia. All Asian stock exchanges trade down. Oil prices, which got a boost from an optimistic interpretation of news from Spain, are trading at the lowest level for the year. Brent at 97. Copper falls as Gold (1591) and silver (28,35). The Euro came under renewed pressure. After trading above 1.26 in the morning it fell back to 1.2499. The fundamental questions surrounding the survival of the Euro persists. Euphoria over temporary measures as the bailout of USD 125 billion of Spain’s banks on Sunday, is quickly substituted by a vicious circle of negative growth and growing debt burdens. The markets experienced a similar spark when Greece first bailout package was presented in 2010. The markets rallied 1,3 %. This time it was even shorter lived. US stocks fell into negative territory within an hour after Monday’s opening and continued down. Even the most bearish analysts were taken aback by the negative way markets reacted in rejecting the bailout. The prior bailouts; Greece and Ireland in 2010, Portugal (2011) and Greece in 2012, also led to rallies. The Euro’s rallies then faded within a month with mixed stock markets. Japanese Yen is the winner after the last 24 hours turmoil. USD/JPY is slightly higher at 79,456. The Australian and New Zealand dollars are losing towards the YEN as the Euro. Copyright: United World Capital

Markets rally on Spain’s bail out Arne Treholt Vice-President of Business Development and Investments Spain’s 125 Billion Euro bailout of banks sent Asian markets 2 % higher this morning. Yesterday’s news that Spain’s government had asked the European Ministers of finance for a 125 Billion Euro package for their struggling banks strengthen the Euro. The Euro is trading 1,22 % higher vs. USD at 1.2632. The EU-funded rescue for the debt-stricken Spanish banks are seen as a preemptive effort to avoid a bank run if Greece’s debt crisis again flares. The respite for Madrid and the Euro might, however be, short lived. The bailout is coming after the Rajoy-government for weeks have insisted that no outside assistance was needed to capitalize lenders crippled by bad debts from the burst real estate bubble. European officials involved in the negotiations say informally that Prime Minister Mariano Rajoy was pushed into requesting the aid package. Rajoy has tried to put a positive spin on the bailout package for the banks. It was done at Spain’s request and unlike the situation in Greece, Ireland and Portugal it is a banking, not a sovereign bailout. Totally, an approximate 350 billion Euro have been raised inside the Euro area for the different bailouts. But the Euro-zone’s last lifeline could easily be swept away as early as next Sunday when angry Greek voters are casting their votes, possibly rekindling market turmoil. That would in the first place hit Spain and Italy, but also a country like Cyprus might be strongly affected. In the following up of the French presidential elections, voters gave Francoise Holland a vote of confidence in the first round of the Parliamentarian elections. The French socialists seem to have secured an absolute majority in Parliament supported by the socialist left and green parties. The bailout package for Spain is also seen as an effort to stem further capital flight and reestablish confidence in the banking system. . Spain’s banks had a net outflow of 66 billion Euros only in March. Greece and other countries in the European periphery have seen similar capital flights. The risk appetite seems stronger this morning. Oil prices are jumping with Brent trading above 101, copper, gold (1599) and silver (28,95) are also up. Australian and New Zealand dollars HIT highest levels in four weeks. USD is falling against most currencies. USD/Yen is slightly changed at 79,63. Futures for the European and Asian markets are up. Copyright: United World Capital

WEEKLY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments After the onslaught in global markets in May, June is off to a better start. Stock prices jumped helped by technical over sell and built in optimism that Federal Reserve Chairman, Ben Bernanke, testimony to a congressional committee yesterday, should give markets the needed sugar energy. Bernanke has still a way to go before he reaches his predecessor, Allan Greenspan’s “guru” level, but Bernanke is listened and paid attention to. This time he did not live up market’s expectations for immediate action. Bernanke kept the door open for monetary stimulus. In which form and eventually when he did say. For global markets waiting for certainty and clear directions, that was disappointing news. China’s surprise cut in interest rate for the first time since 2008, is what markets long have demanded and waited for. When the announcement comes, Western economic analysts are quick to conclude that this is somewhat of a ploy meant to overshadow negative economic monthly and quarterly results to be published over the weekend. Might be, but nevertheless does the initiative underline Chinese willingness to encourage economic growth in a situation where Western leaders talk and don’t act as they see their economies sinking even deeper into recession. Fitch rating agency has downgraded Spain to BBB and puts the fourth biggest economy in Western Europe on line with Mexico and Thailand. Last GDP numbers demonstrates that Greece is seeing its fifth year of recession with no signs in sight for a turn around. A practical effect of Greece’s membership in the Euro is that the country has been reduced from a promising developed economy to a struggling third world country. So much for belt tightening and austerities. There are clear signs that European political and financial leaders slowly are starting to wake up from their conventional austerity dream ideas. As John Maynard Keynes stated 75 years ago; a boom economy, not the slump is the right time for austerity. This economic philosophy lifted the United States out of the 1930 depression. Similar bold initiatives are called for especially in the Euro zone today. Spain has followed Greece as the odd country out. Spain’s problems are much more serious for the future of the EURO than smaller sized Greece. European leaders were this week scrambling for a solution to Spain’s banking crisis after the European Central Bank had no immediate aid to offer expect for supplying banks with unlimited short-term low interest rate loans. In the meantime, the countdown for the Greek June 17th elections is ticking. It comes in an environment where the troika of IMF, ECB and EU are putting maximum pressure on the Greek government and electorate, withholding 1 billion Euro of the bailout funds earmarked for government financing. While Athens has problems in paying its bills, bailout payments are running on schedule for German, French banks and interestingly enough to the ECB, which bought Greek treasury bills at discount and now is rewarded with 10 % interest rate on their investment. Economics today are full of paradoxes. Regardless of pains and strains an overwhelming majority of Greeks nevertheless want to be “Europeans” and stay in the Euro. The big question is whether this makes a difference. Even with a victory for the “austerity” parties, Greece’s days in the Euro might run to an end in an orderly retreat. Another question mark is what would be the cost and the consequences of an eventual Greek exit? In such a situation other countries in the periphery of Europe might also be start to wonder as former Italian premier Berlusconi did some days ago: is the EURO the right tool for the periphery of Europe. The Greek elections might as Mr. Tsirapas and SYRIZA’s appearance on the European arena, accelerate this debate. Copyright: United World Capital

CHINA CUTS INTERESTS FIRST TIME SINCE 2008 by Arne Treholt Vice-President of Business Development and Investments China cuts interest rate to 3,25 % for the first time since 2008. The initiative comes prior to release of major Chinese economic data tomorrow. These results are feared to be weaker than expected. The interest cut is probably going to be followed by steps to ease access to credits. This gave the Chinese stock markets a boost. Shanghai composite is up this morning. An easing of banking restrictions normally lead to stronger domestic demand and higher stock prices. In his congressional testimony yesterday, Federal Reserve Chairman, Ben Bernanke kept the door open for monetary stimulus of a stagnating US economy, but did not specify when and in which form. The Federal Reserve BOD meeting in August is now seen as the most likely date for an eventual announcement. The testimony disappointed those who had hoped for immediate action. Dow Jones was up 0,37 %. Nasdaq fell 0,49 %, and the last days rally in Asia turned to red this morning. The futures for Europe and US are negative following Bernanke’s comments and a downgrading of Spain to BBB status or the same level as Thailand and Mexico. After a positive turn around in oil prices earlier in the week, both NYMEX (92) and Brent 98,69 gave up earlier week gains. The volatility and market nervousness were also illustrated by the jump in precious metals. After reaching 1640 on Wednesday, gold fell dramatically during yesterday’s session now trading at 1570. Silver saw a similar development; 28,23 at present. Commodities are again following the falling trend of precious metals and oil. The EURO/USD has fallen back from the high 1,25 levels yesterday to 1.2525. USD/JPY is 79,3175 after Japan released good growth in GDP. Aussie dollar and New Zealand currency are under downward pressure after more promising GDP and jobless number from Australia earlier in the week. The surprise move by the Chinese central bank has helped ease worries about faltering global demand, but stresses at the same time that the world’s fastest growing economy feels the pressure of faltering export due mainly to the problems in the Euro-zone. After concentrating in measures to cool down the economy, the Chinese leadership is for the first time in years looking to stimulus for growth, especially in the domestic economy. Copyright: United World Capital

Stocks rally on stimulus optimism Arne Treholt Vice-President of Business Development and Investments Global stock markets saw its best rally in half a year on signs that Europe was dealing urgently with Spain’s banking crisis and optimism that the United States could embark on fresh monetary stimulus. Stocks in Europe and the US jumped as talk of a rescue of Spain’s troubled banks and hopes for new Federal Reserve monetary injections. Dow Jones and Nasdaq rose 2,40 % in its best trading day since last December. Asian markets continue the rally this morning. The broad South Pacific Index, MSCI is up 1,40 %. Oil and commodities continue up. Brent trading close to 101 pr. Barrel. EURO is at 1.2565 vs. dollar bouncing back from the 1.23 levels seen last Friday. The upward trend in Euro might continue for the next days with the handling of Spain’s banking crisis and the upcoming Greek elections on June 17th as stumbling blocks. Analysts see that a technical rebound in the Euro might reach 1.27 – 1.28 level. Fresh news from Greece tells that the government is likely to run out of money as soon as July. The troika: representatives from IMF (International Monetary Fund), ECB (European Central Bank) and EU-Commission is holding back on One billion Euro in bailout funds earmarked for government financing, putting extra pressure on Greek voters prior to the elections. Australia, which saw yesterday better than expected GDD quarterly results, presented this morning labor market statistics, which saw a clear improvement in job added numbers. The Aussie dollar is up for the third day in row. USD/JPY is at 79,435. The G-7 finance ministers threat of a possible intervention to avoid a further strengthening of the Yen seem to have worked at least for now in a situation where investors were seeking to Yen as a “safe haven” along with investments in USD and German bonds. Gold has this week been back as “safe haven” . Gold prices increased from a low on 1520 to reach 1640 during mid day yesterday; a jump on 7,5 %. Gold is consolidating at 152 in the morning. Silver also jumped one dollar yesterday, retreating, and trading at 29.25. At present stock futures are up, but traders might expect volatility before FED head, Fred Bernanke, has given its verdict on further quantitative easing in his testimony to a Congressional committee later today. Market analysts differ, but Bernanke will most likely for now keep the door open for a third round of monetary stimulus, and leave the final decision for later in the summer. Yesterday saw an especially high jumps in mining and more risky banking stocks. With Bank of America up more than 7 % in the United States. Copyright: United World Capital

UWC is proud to provide daily market reviews by the well-known financial expert – Mr. Arne Treholt, a former Political Secretary to the Minister of Shipping and Foreign Trade, then Deputy Minister of Law of the Sea of the Norwegian Royal Ministry of Foreign Affairs. He also held the position of Counselor for Economic Development and Social Affairs at the Ministry of Foreign Affairs, and was member of the Norwegian Mission to the United Nations, New York. At the moment Mr. Treholt is a Vice President and a Business Development Director of United World Capital.

Enroll in our new Demo Trading Championship and convert virtual money into real cash! Together with the other participants of the contest, you will be given a free demo account with an initial $50,000 virtual deposit. Every week the three traders with the highest trading balance will be awarded real cash prizes and generous bonuses. Additionally, each week the participant who has traded the largest number of lots will be awarded the Most Active Trader award. Prizes Winners will get the following awards: Participants with the largest demo account balance: 1st place: $1000 bonus (non-deposit) 2nd place: $800 bonus (non-deposit) 3rd place: $500 bonus (non-deposit) Most Active Trader Award: $100 bonus (non-deposit) For complete details please read the terms at UWC Forex Trading Championship

We are pleased to announce the launch of our new company website. The new website has been creatively re-designed to embody the company’s strategic and innovative strengths in order to offer our clients an online Forex trading environment that is reliable, trustworthy, technologically advanced and supported by world-class customer service. As our website was designed with our clients in mind, it offers a host of new features and pages that have an eye catching design and informative text. Amongst the highlights in our new website are the homepage which has been re-designed with enhanced navigation features, Market Reviews straight from Mr Arne Treholt our companies Vice-President of Business Development and Investments, additional news straight from Dow Jones, the latest financial news via the UWCFX Web TV and our promotions page with additional promotions to enhance your trading experience. Don’t just take our word for it, see it for yourself and visit www.uwcfx.com.

Xogee Trading software alert Trading software provided by Xogee Ltd will no longer be supported by UWC from June 1 As of June 1, 2012, UWCFX will no longer support trading software offered from Xogee for the following trading terminals: iTrader aTrader bTrader WebTrader If you use either an Apple or Android mobile device, you may continue to use the MetaTrader 4 for iPhone or MetaTrader 4 for Android, respectively. The changes made are due to the software offered by Xogee Limited no longer being compatible with the MetaTrader servers. If in the future we use the trading platform software Xogee, we will inform you.

Changes in limit and stop levels on LITEForex and REALForex accounts Limit and stop levels will be decreased for LITEforex and REALForex accounts. We would like to inform you that on Thursday, 17th May we will decrease limit and stop levels for currency pairs on LITEForex and REALForex accounts. From tomorrow, you will be able to view the updated list of our stop and limit levels here. In the meantime, should you have any questions, please contact us via email: [email protected] or via our multilingual Live Chat service.

New Versions of MetaTrader 4 Components MT4 trading terminals older that build 416 will no longer be supported. We would like to inform our clients that from June 1, 2012 and onwards, MT4 trading terminals older that build 416 will no longer be supported. Older versions of the MT4 trading platform require considerable amount of updates. Therefore, we strongly recommend all our clients to install the latest versions of MT4 trading terminal as soon as possible. You can download the last version of version MetaTrader 4 build 419 free of charge here: http://uwcfx.com/trading/platforms/index.html Should you have any questions, you can always contact our Support Department via our multilingual Chat or send an email to [email protected]

UWC at the 7th JFEX Jordan Forex Expo and Awards 2012 United World Capital Limited has participated in the 7th JFEX Forex Expo in Amman, Jordan. United World Capital Limited participated in the 7th JFEX Forex Expo in Amman, Jordan which took place on the 7th and 8th May at the InterContinental Amman Hotel. The event was organized under the patronage of Jordanian Prime Minister, Dr. Aoun Al Khasawneh who was represented by the Minister of Industry and Trade of Jordan, Mr Shabib Ammari. Almost 2000 visitors attended the Expo and it was a great pleasure to meet all participants at UWC booth. Visitors to the UWC booth had the opportunity to take advantage of bonuses and gifts that were prepared especially for the participants of the Expo and UWC would like to extend their gratitude to all who participated in the UWC 3 x $1000 Lottery. The prize draw took place on the second day of the event and the 3 lucky winners are: Ayman Hussin Megdade Abdalla Odat Dr.Mohammad Barakat Congratulations to all winners! Opening of the 7th JFEX Forex Expo 2012 One of the 3 lucky winners of our $1000 Lottery - Mr. Abdalla Odat From the left: Nicos El Khattab (Vice President of International Development), Dagmara Handzlik (Marketing Manager) and Oleg Muzychenko (Affiliate Manger)

United World Capital Limited is glad to announce its participation in the 7th Jordan Forex Expo & Award 2012, which will take place between 7th and 8th May in Jordan, Amman, InterContinental AMMAN-Hotel. We would like to invite all our clients and partners to take part in this special event. There will be lots of great giveaways and special bonuses for all the visitors of the UWC booth. All our visitors will be also able to enter the UWC Lottery, with a chance to win $1000! Most of all, this is a great opportunity for all those, who wish to learn more about UWC. Our representatives will welcome all questions and will be happy to assists our clients with all their queries. For more details about the event please visit the official website of the 7th Jordan Expo & Award 2012. Should you have any questions, you can always contact our Support Department via our multilingual Chat or send an email to [email protected]

We are glad to inform that from 7th May our clients will be able to trade with 5 digits on the REALForex account. By adding the 5th decimal point we increase the accuracy of the price quotations for the REALForex account users. More accurate quotations give traders possibility to earn on the minimum fluctuations of the currency market. This would be an interesting opportunity especially for those traders who use strategy of intra-day trading. The changes will occur for the following trading instruments: Major currency pair Cross-major currency pairs Pairs with JPY will be added additional 3rd digit In the meantime, should you have any questions, please contact our Support Department via email: [email protected] or via our multilingual 24/5 Live Chat

About United World Capital Limited United World Capital Limited is an international financial company founded in 2008 with headquarters in Limassol, Cyprus, and offices all over the world from Malaysia to Canada. Company’s main goal is to provide the superb service for the clients interested in Forex (Foreign Exchange) and other financial markets, such as CFD, Futures, and Commodities. As a solid investment platform, United World Capital excels at services like brokerage, insurance, money transfer and currency exchange, with the mission to deliver custom-tailored products, easy to use e-trading tools, instant execution and professional support for its clients worldwide. At the moment the Company is serving clients from more than 150 countries. Regulations United World Capital Limited operates within a strict regulatory framework, which includes being registered as a CIF (Cyprus Investment Firm) with the registration number HE23012 and licensed by CySEC (Cyprus Securities and Exchange Commission) under the license number 093/08, in accordance with the new MiFID (Markets in Financial Instruments Directive). FSA-regulated and registered under the license number 504862 the Company is also a member of the European Investor Compensation Fund, which ensures safety of the clients' deposits. Platforms and Account Types The Company provides access to the 2 most popular and professional trading platforms in the world – MetaTrader4 and Currenex. MetaTrader4 accounts include the following: LiteForex is maintained on a dedicated UWC-Lite.com server with low fixed spreads on the most popular Forex instruments with leverage – 1:500 and 0.01 lots minimum trading volume. RealForex offers live market spreads (starting from 2 pips on a vast variety of trading instruments. It is maintained on a dedicated and powerful UWC-Real.com server offering denomination in the most popular world currencies with leverage – 1:500 and 0.1 lots minimum trading volume. Swap Free (Islamic) Accounts are available only for RealForex account type and is only intended for our clients of Islamic faith. Currenex platform has 2 account types – Viking and Classic. The main feature of Currenex account is the NDD system that offers the highest liquidity and quickest order execution. New functions available on these platforms give traders an opportunity to take an optimal advantage of market movement and improved order execution at lower costs. Multilingual LiveChat: Available 24/5 from Monday to Friday (GMT +2) Platforms: UWC Trader4, UWC Web Trader, UWC i Trader, UWC b Trader, UWC a Trader, UWC Trader 4 Multi Terminal, UWC Trader 4 Mobile, UWC Trader 4 Mobile SE, Currenex Viking, Currenex Classic Headquarters: 22 Georgiou Griva Digheni Street, Limassol, 3106, Cyprus. Other offices: Czech Republic, Germany, Malaysia, Egypt, Canada; official representatives in Russia, China, Mexico, Brazil, Nigeria, Bangladesh, Poland and Bulgaria.