Foreign exchange trading carries a high degree of risk. In particular, because of the low margins required for currency trading, changes in foreign exchange market can lead to considerable losses.
The customer may lose all initial funds and any additional funds deposited to enhance or control the position in the market.
Therefore, currency trading is suitable only for people who understand and allow the economical, legal and other risks associated with such dealings, and is able to withstand financial losses.
The risk of loss when trading on the FOREX may be very considerable. The customer should carefully analyse his financial opportunities for such trading.
The client must realize that the company is not responsible for the accounting of all the risks, the use of financial resources and the choice of a trading strategy.
Client assumes the risk of a sharp change of the price on CFD witch can be a result of various corporate actions, namely: corporate actions such as dividends, etc. Open positions for which the price has changed as a result of these actions must be closed by the last price the previous trading session. At the time of the next trading session it will be opened by an equivalent position is the same amount on the same instrument at the first available price.
In addition, the company is not liable for damages caused directly or indirectly due to the limitations placed by the Government, foreign exchange or market rules, the suspension of trading, war or other conditions, usually called “force majeure” and being beyond the control of the company.
Trading on an electronic trading system, clients are subject to risks associated with the system, including problems with software, failure of information, communication, electrical and other systems, as well as the risks associated with obtaining access to commercial device by third parties through the client password.
Customer shall carefully consider whether trading is suitable for him based on his experince, objectives, financial resources and other circumstances.
Enter into agreements to buy or sell currencies to be understood only when the size of possible losses, the essence and scoupe of its rights and obligations.
This disclosure includes some but not all the risk factors for trading on the Forex market and is not intended to force you to abandon the trade, but is intenhded to help you to make a responsible choice of strategy to your work.