Risk disclosure Statement
Activity on the FOREX international currency market is inevitably related to a large number of risks. The Client acknowledges that they are warned about the losses that they may incur from engaging in such activities. This Risk Disclosure Statement describes the most common risks, but due to the nature of the activities undertaken at the FOREX international currency market, other risks may arise that are not foreseen by this Notice.
When making transactions on terms of marginal trading, a relatively minor deviation of the rate can bring either considerable profit or losses. When the market moves against Client, he can lose all the deposited funds.
Client is completely responsible for using his funds and selected transaction strategy and should consider all the risks associated with the leverage use.
Client accepts the risks of financial losses incurred because of failures of information, communication, electronic and other systems. Client accepts the risks of financial losses, which can happen because of malfunction of hardware and software facilities and poor communication at Client’s side. Client bears responsibility for his financial losses incurred because of ignorance of the instructions presented in the Client’s Terminal Instruction Manual.
Client accepts the risks associated with unauthorized access to the information he sent (by electronic mail or using instant message service) in case it was sent unencrypted.
Client accepts the risks of financial losses incurred in result of delay or non-receipt by Client a message from the Company. Client bears sole responsibility for safety of confidential information received from the Company and accepts the risks of financial losses incurred in result of unauthorized access of the third parties to the transaction account.
The Company holds no responsibility for any activity of the third parties, which may influence on the cooperation between the Company and the Client. Client accepts the risks of financial losses incurred in result of force majeure circumstances, hostility, terrorist acts, acts of God, trading halts at financial markets, sharp decrease of liquidity caused by financial market instability, currency interventions, legislation changes, changes of other parties’ conditions, etc.