General Risk Disclosure
This document provides you with information about the posed risks in using or accessing our investment and financial products. We aim to provide you with information about the risks involved with these products, and the risks associated with your trading in the market. However, our risk disclosure cannot and does not cover all possible circumstances in Forex trading.
The products we offer include contracts for differences (CFDs), with underlying assets of currencies, commodities, indices, stocks, and cryptocurrencies.
Contracts for Differences (the “CFDs”) and other trading instruments, including futures are complex derivative products, involve a high level of risk which may not be suitable for all types of investors. Do not invest with money you cannot afford to lose. However, you cannot lose more than the equity in your account. You are responsible for assessing your personal extensive experience of trading in volatile markets and your understanding how CFDs work, including all associated risks and costs, as well as ensuring that you are capable to accept the risks involved. The use of margin or leverage can come with greater risks, wherein you accept that there may be cases that we will be able to close your transactions without prior notice.
You can trade the available financial assets or instruments in the trading platform, provided that the execution of such asset does not violate any of our terms and conditions.
Trading with CFDs does not mean that you are buying the underlying asset, but rather purchasing a contract to settle the difference in the price range of the asset with the use of leverage. When trading CFDs, you generally trade on margin, which means you only use a percentage of the overall value of the asset.
Market prices often fluctuate which is something that we cannot control, as all price movements are dependent on the asset or instrument itself. You acknowledge and accept that if the market moves against the order of your position, you may sustain a total loss greater than the funds invested in that specific trade. You are solely responsible for any damage or loss you may incur in your trading account. You further acknowledge and accept the possibility of price slippage or market gapping in the financial instruments that may lead to market price fluctuation, which we cannot and do not guarantee whether or not such fluctuation will be at your advantage.
We have set particular prices and conditions in accordance with our obligation to provide the best execution as set out in our Order Execution Procedure, and to act reasonably in accordance with the applicable Terms and Conditions.
We, and any of our entities, are not responsible for monitoring the trades in your trading account. You are responsible for ensuring that the ongoing trades in your trading account meet the appropriate margin requirements at all times, which may change from time to time. You acknowledge and agree that if the market price moves against your position or if our margin requirements were changed, you may need to provide additional funds to meet such margin requirement to maintain your ongoing trades. If you do not meet the appropriate margin requirements it may lead to closing any or all of your ongoing trades and you will be liable for any loss or damage you may incur consequently.
You understand that not all market orders are fully effective for your trades, which may be a cause of volatile price movements or market closure.
You accept that if you fail to close a trade of any asset or instrument before it expires, such trade may be automatically closed despite the floating profit or loss. A trading position may be excluded from automatic closure provided that your trading account is in stable condition and its statistics meet our margin requirement. In case of automatic trade closure, you may transfer to a different liquidity provider, subject to our terms and conditions.
We can provide you trading materials to serve as a guide and reference during your trading course, but we cannot and do not guarantee that such materials are free of errors, or to be absolutely accurate, consistent, or reliable. Information on the previous performance of a particular asset or financial instrument does not guarantee its current and/or future performance. The use of historical data does not construe a safe forecast or a consistent performance. You agree that all materials, including market recommendations, historical data, and trading signals are for reference only, and you are responsible for assessing and determining whether such provided materials are appropriate for you. We will not be liable for any loss or damage you may incur upon using any of our provided trading materials.
There are also risks in trading instruments or assets that may be or become subject to tax and/or any other charges. You are solely responsible for any taxes and/or any other duty which may accrue in respect of your trades.
If you perform any financial transaction on the electronic system available on our website, you may be exposed to risks associated with the system including, but not limited to, technical failure (hardware and software, or internet and servers). Such technical failures may cause your trade to not be executed according to your instructions or may not be executed at all. We are not responsible for loss or damage in case of such technical failure.
Furthermore, you acknowledge that trading online, no matter how convenient or efficient, does not necessarily reduce the risks associated with financial trading or investing.