PLEASE READ THE BELOW BEFORE UNDERTAKING ANY TRADES WITH US
TRADING IS NOT SUITABLE FOR EVERYONE.
TRADING CFD’s AND FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS
In consideration of the Company agreeing to enter into over the counter (“OTC”) contracts for differences (“CFDs”) and foreign exchange contracts (“FX Contracts”) with the undersigned (hereinafter referred to as the “Customer”, “you”, “your”), Customer acknowledges, understands and agrees that:
- Trading is very speculative and risky
1.1. CFDs and FX Contracts is highly speculative, involves a significant risk of loss and is not suitable for all investors but only for those customers who:
- understand and are willing to assume the economic, legal and other risks involved.
- are experienced and knowledgeable about trading in derivatives and in underlying asset types; and c) are financially able to assume losses significantly in excess of margin or deposits because investors may lose the total value of the contract not just the margin or the deposit.
1.2. Trading CFDs carries a high risk of losing money rapidly, since leverage can work both to the investor’s advantage and disadvantage. Neither CFDs nor FX Contracts are appropriate investments for retirement funds. CFD and FX transactions are among the riskiest types of investments and can result in large losses. Customer represents, warrants and agrees that he/she understands these risks, is willing and able, financially and otherwise, to assume the risks of trading CFDs and FX Contracts and that the loss of Customer’s entire account balance will not change Customer’s lifestyle.
1.3. Before deciding to trade customers should consider whether they understand how CFDs work and all the risks involved by taking into account their investment objectives and level of experience, and whether they can afford to take the high risk of losing their money.
2. Technical risks
2.1. The Customer accepts the risk caused by software or telecommunications facilities failures as well as by other technical problems.
2.2. The Company is not responsible for Client’s losses sustained due to nonobservance of instructions included in the MetaTrader client terminal user guide.
2.3. The Client accepts the risk of executing unplanned trading transactions in the case of repeating an order before the last order processing results were received.
2.4. The Client must keep passwords and ensure that third parties will not have access to the trading system. The Client will be subject to the trading obligation, assumed by him/her on the one part and by the Company on the other part, executed using Client’s password even if the password was used by a third party.
2.5. The Client realizes that the information en clair (sent via email)
3. Force majeure
3.1. The Company is not responsible for Client’s losses sustained due to force majeure circumstances such as acts of war, terrorist attacks, natural disasters, financial market trading stops, currency interventions, government decisions, instability on financial markets with rapid drops of liquidity, and other significant changes of counteragents working process
