Legal Notes

Trading leveraged financial products is high risk, can result in substantial risk of some or all of your investment and may not be suitable for all investors.

// Disclosure of Risk

Trading and execution of transactions similar to those described and/or resulting from this Disclaimer, with or without the use of financial leverage or margin, is speculative trading of high risk. You must carefully and seriously consider if this type of financial activity suits your needs, your financial resources and personal circumstances. As the risk of losing some, or all, of the invested funds in a relatively short period of time is high, it is recommended that you use only funds which you have earmarked for speculative, high risk financial transactions. In particular, be aware of the following points:

// Currency Risk

The fluctuation of rates in financial markets can be sharp without the ability to forecast the size or direction of the change or the time frame in which it occurs.

// Event Risk

Prices can fluctuate rapidly as a result of unforeseen circumstances, events, or changes in conditions.

// Operational Risk

While we will make every reasonable effort to ensure continuity of services, operational risk such as disruptions to communications, computers, networks or external events may lead to delays in the execution and settlement of a transaction. The use of electronic trading software results in exposure to risks involving computer software, internet, communication systems and interfaces connected to us. Risk includes, but is not limited to, hardware, software, lines and systems crashes and/or incorrect data feeding from external data providers. No trading system is free of occasional failures, and there is no system that can guarantee 100% profit or is not exposed to loss.

// Margin Risk

Leverage or margin trading is based on collateral that is low relative to the total transaction. The results of trading with leverage or with margin are that a small change in market prices, within a short period of time, may cause substantial gain or loss, proportional to the size of the collateral, up to the total loss of the collateral sum in a very short period of time.

This warning does not cover all possible risks connected with the type of transactions described and/or resulting from this Disclaimer.