Please be aware that this risk disclosure is provided for informational purposes only so that you may begin to understand the risks involved in trading on financial markets. Whenever you participate in trading activities, you run the risk of losing money. You should not consider this disclosure a comprehensive list of all the risk to which you may be exposed while trading.
Leverage and Margin Trading
Using leverage in margin trading exposes you to a significant risk of loss even when the market experiences minor fluctuations in financial instrument prices or currency exchange rates. When markets change adversely in relation to your leveraged positions, you stand a substantial chance of losing both your initial deposit and additional funds that have been marked to maintain your open positions. You are responsible for the acceptance of this risk and any loss that it might incur.
Price Fluctuations of Financial Instruments and Instability
Market prices of most financial instruments are volatile and may change substantially even during a single trading day. When price quotes move in opposition to your positions, you may incur significant financial losses. You are responsible for the risk of loss inherent in trading and holding these instruments.
Risks Arising from Technical Issues
Technology plays a key role in your ability to successfully initiate, complete and manage trades on financial markets. You should be aware of the risks that arise from a reliance on technology.
Malfunctions in your electronic information and communication systems may result in financial losses for you. We are not responsible for such losses.
You are also responsible for losses incurred through failure of your equipment or electronic connections, incorrect software settings, out-of-date software versions, or operation of hardware or software in a manner inconsistent with the supplied instructions.
Attempts to complete trades either online or over the telephone may be hampered by congestion, especially during peak times, and we are not responsible for losses incurred if you are unable to get through to complete trades.
Markets Events and Conditions
In some circumstances, unusual conditions in the market or unforeseen events may interfere with timely trades, and increased trading times may result in financial loss. You are responsible for assumption of the risk posed by these circumstances.
Foreign Laws and Governmental Involvement
Trading on international markets makes you subject to the laws established and enforced by multiple countries. You are responsible for the risks involved and for trading functions performed where those functions are restricted or prohibited by the laws of the countries involved.
Trading Platform Operation and Risks
Trading orders are transmitted from you to our platform and are completed in the order you send them to us. An order transmitted before a previous order is completed will be rejected and not completed. You are responsible for unintended trading that results from an order being submitted before you receive notification of the completion of a previous order.
Trade orders already submitted will not be cancelled if you close the order window. Placing and cancelling orders can only be accomplished by completing the proper trading process.
Your trades will be executed and accounted for according to instrument price quotes delivered only from our server and no other source.
Communication and Privacy Risks
Any information you send to us using unencrypted email channels is vulnerable to unauthorized access by malicious third parties. Do not use unencrypted channels to transmit sensitive information.
Communication from us to you may be delayed or unsuccessful due to communication system or technical failures. We are not responsible for any losses you incur because of a failure to receive a message from us.
The protection of sensitive information, including information stored in protected areas on our platform or any information that we communicate to you, is your responsibility. We are not responsible for any losses you incur if you communicate this information to anyone else.
Catastrophes and Unavoidable Events
Force majeure events are unexpected, extreme and unavoidable events that occur apart from the actions, intent or will of you or us. They are events that are unpredictable, unpreventable and unavoidable. They include, but are not limited to, accidents, natural disasters, fire, earthquakes, military action, terrorist attacks, labor actions, civil unrest, electronic security breaches, and governmental actions that affect or limit our operation. We are not responsible for any losses you incur as the result of such events or limitations in our operation caused by the events.