Risk Warning
This Risk Disclosure is intended to inform you of the risks that exist in trading activities on financial markets. You must recognize that these risks entail a chance of losing money while trading. This disclosure is informational and must not be considered a list of all possible risks.
1.1 In margin trading, leverage can have a significant impact on your trading account even with minor changes in exchange rates and instrument prices. You must understand that if the market moves in the opposite direction to your open positions, your chances of losing your initial deposit and other funds intended to maintain your open positions are very high. You are fully responsible for the use of your own funds and accounting for the risks.
2.1 The quotes of most instruments traded on financial markets may vary considerably over the course of a day, which may bring you profit as well as loss
3.1 We are not responsible for financial losses arising from malfunctions in your
electronic, communication, or information systems.
3.2 When working with the client terminal, you assume the risks arising from:
- A. Failures in your equipment, software, and connection.
- B. Errors in your client terminal settings.
- C. Failure to update your version of the client terminal in a timely manner.
- D. Your failure to follow the instructions for using the client terminal
We are not responsible for errors that occur in the operation of the client terminal and will not compensate losses resulting from errors in the operation of the client terminal because we have a non-exclusive right to use the MetaTrader trading system (client terminal) for a specific purpose and do not have the right to provide technical support.
4.1 You agree that if market conditions become abnormal, the time required to process your orders and instructions may increase
5.1 You also assume responsibility for trading and non-trading operations performed within countries where they are restricted or prohibited by law.
6.1 All of your instructions are sent to our server and executed in order. Therefore, you
cannot send a second order until your previous order has been executed. If a second
order is received before the first is processed, the second order will be rejected. You
assume responsibility for any unplanned trading operation that may be executed if
you resubmit an order before being notified of the results of the first order.
6.2 You must understand that closing the order window or position window does not
cancel a submitted order.
6.3 You acknowledge that only the quotes received from our server are authoritative.
If there is a problem in the connection between your client terminal and our server,
you can retrieve undelivered quote data from the client terminal's quote database.
7.1 You must be aware of the risk that information sent via unencrypted email may
be accessed by unauthorized parties.
7.2 We are not responsible for financial losses arising from delayed or failed receipt
of a company message.
7.3 You are responsible for the security of the credentials for your Personal Area and
trading accounts as well as the confidential information that we send you. We are
not responsible for financial losses arising from your disclosure of this information to
third parties.
8.1 We are not responsible for financial losses arising from force majeure events. These events are extreme and irresistible circumstances that are independent of the will and actions of the agreement participants, that cannot be foreseen, prevented, or eliminated, including but not limited to natural disasters, fires, man-made accidents and disasters, emergencies at utility works and on utility lines, DDOS attacks, riots, military actions, terrorist attacks, uprisings, civil unrest, strikes, and the regulatory acts of state- and local government authorities
9.1 Cryptocurrencies are very high risk, speculative instruments.
Cryptocurrencies are generally unregulated and while regulators in some
jurisdictions have recently started to regulate certain types of Crypto assets, the
regulatory framework is in its infancy. As a relatively new asset class
Cryptocurrencies do not have a meaningful track record.
Given the anonymity The value of cryptocurrencies and therefore, the value of CFDs
on an underlying cryptocurrency are subject to extreme price volatility. They are
vulnerable to sharp changes in price due to unexpected events and changes in
market sentiment.
Cryptocurrencies do not have any intrinsic value and may become worthless. The
combination of increased volatility and leverage has the potential to significantly
and rapidly increase losses should the market move against you, relative to CFDs
with other underlying asset classes. You should only trade CFDs on cryptocurrencies
if you have a high appetite for risk and are able to withstand significant financial loss.
You have no rights or obligations in respect of the underlying instruments or assets relating to your CFD. The client should understand that CFDs can have different underlying assets, including, equity, indices and commodities. Specifically, in case of an equity CFD you will not receive any voting rights.
Financial markets may fluctuate rapidly, and the prices of CFDs will reflect this. Gapping is a risk that arises as a result of market volatility. Gapping occurs when the prices of CFDs suddenly shift from one level to another, without passing through the level in between. There may not always be an opportunity for the Client to place an order between the two price levels.
The Company offers you the opportunity to choose Stop Loss Orders to limit the potential losses you can incur from an open position. This option automatically closes your position when it reaches a certain price limit. There are some circumstances in which a ‘stop loss’ limit is ineffective, e.g., where there are rapid price movements or market closure.
To keep CFD positions open, the Client needs to have enough funds in his account to
cover his margin obligations. When the Client’s margin obligations are no longer
covered, the Client must immediately deposit additional cleared funds or close
positions so that the funds in his account cover the margin. Margin shortages can
arise quickly as market values change. Unless the Client has sufficient funds in his
account to cover these situations, there is a risk of having to close positions when the
Client may prefer not to.
The value of the Client’s account must always remain above the liquidation, or close
out, level. If it falls below this level, the Client’s CFD trades are at risk of being
liquidated. To prevent liquidation of the Client’s CFD positions, the Client must make
sure he has deposited enough funds to keep his account value above the liquidation
level. If the Client’s trade does not go as he expects, the Client may be required to
deposit additional funds in order to hold his position.
It is possible for adverse market movements to result in the loss of your account balance in full or even more. In case you lose more than your current account balance, we will bear the negative consequences of such adverse events and your losses will be limited to your then current account balance.
There are no guarantees of profit nor of avoiding losses when trading CFDs. Neither the Company nor its representatives intend to provide, or can they actually provide such guarantees. The Client has been alerted by means of this Statement that risks are inherent to trading CFDs and that he/she must be financially able to bear such risks and withstand any losses incurred.
Is the risk that an investment's value may change due to a change in the absolute level of interest rates, in the spread between two rates, in the shape of the yield curve, or in any other interest rate relationship.
A change in laws or regulations made by the government or a regulatory body may increase the costs of operating a business, reduce the attractiveness of an investment and/or change the competitive landscape and by such materially alter the overall profit potential of your investment. This risk is unpredictable and may vary depending on the market for the underlying asset of a given CFD.
The Client and not the Company, is completely liable for the following risks the listing of which is not exceptive:
- A. Lack of knowledge of the trading terminal settings
- B. Technical faults in the Client’s software
- C. Disclosure of the registration credentials to the third parties at the opening of the real account
- D. Unauthorized access by the third party to the personal email account of the Client
- E. Reading with the delay of the information sent the Client’s email address
- F. Any other force-majeure circumstances on the part of the Client
