The English version of this agreement is the governing version and shall prevail whenever there is any discrepancy between the English version and the other versions. This Statement is based on the provisions of the Seychelles Securities Act It should be noted that this Statement does not purport to disclose, or discuss all of the risks and other significant aspects of all transactions entered into with or through the Company.
We outline the general nature of the risks of dealing in Financial Instruments on a fair and non-misleading basis. Therefore you need to ensure that your decision is made on an informed basis and as a minimum you should be taking into consideration all the following disclosed below. Trading in Contracts for Difference CFDs and other leveraged products can result in losses that exceed deposits. Before trading, clients must read the relevant risk disclosure statements on our Risk Disclaimer page.
Trading on margin is for experienced investors with a high risk tolerance. You may lose more than your initial investment. Please ensure you fully understand the risks and take care to manage your exposure.
The information on this site is not directed at residents of the European Union, United States, Belgium or any particular country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Login Register Contact Us. The Client acknowledges, understands and agrees with the risks, disclosed below. Statement Trading is very speculative and risky. Therefore, a CFD position matures on the date you choose to close an existing open position. CFDs, which are leveraged products, incur a high level of risk and can result in the loss of all of your invested capital. Trading in CFDs is highly speculative and therefore is suitable only for those Clients who a understand and are willing to assume the economic, legal and other risks involved, b are financially able to assume the risk of losses up to their invested capital and c understand and are knowledgeable about CFDs and the underlying assets.
Before deciding to trade, a client should ensure that he understands the risks involved and take into account his level of experience, and if necessary seek independent advice.
However, this entails that a relatively small market movement may lead to a proportionately much larger movement in the value of your position. The Company offers flexible leverage starting from 1: In addition, the Client needs to continuously monitor any open positions in order to avoid positions being closed due to the unavailability of funds; it should be noted that the Company is not responsible for notifying you for any such instances.
The Conflicts of Interest Policy is available at the Forexyard. Prices are set by the Company and may be different from prices reported elsewhere. As such, they may not directly correspond to real time market levels at the point in time at which the sale of options occurs. Rights to Underlying Assets. The Client have no rights or obligations in respect of the underlying instruments or assets relating to the CFDs. Telephone Orders and Immediate Execution.
Upon such confirmation of the telephone operator, the Client has bought or sold and cannot cancel the order. The Company is not an adviser or a fiduciary to customer. Each decision taken by the Client to trade in CFDs with the Company and each decision as to whether a transaction is appropriate or proper for the Client is an independent decision made by the Client.
The Company is not acting as an advisor or serving as a fiduciary to the Client. Recommendations are not guaranteed. The generic market recommendations provided by the Company are based solely on the judgment of its personnel and should be considered as such. The generic market recommendations of the Company are based upon information believed to be reliable, but the Company cannot and does not guarantee the accuracy or completeness thereof or represent that following such generic recommendations will reduce or eliminate the risk inherent in trading CFDs.
No guarantees of profit. There are no guarantees of profit nor of avoiding losses when trading in CFDs. The Client has received no such guarantees from the Company or from any of its representatives. The Client is aware of the risks inherent in trading CFDs and is financially able to bear such risks and withstand any losses incurred. When the Client trades online via the internet , the Company shall not be liable for any claims, losses, damages, costs or expenses, caused, directly or indirectly, by any malfunction or failure of any transmission, communication system, computer facility or trading software, whether belonging to the Company, the Client, any exchange or any settlement or clearing system.
The Company is not responsible for disruption, failure or malfunction of telephone facilities and does not guarantee its telephone availability. The Client acknowledges that under Abnormal Market Conditions the period during which the Instructions and Requests are executed may be extended. In case of a Force Majeure Event the Client shall accept the risk of financial losses.
Costs, Swap Value and Other Considerations. Prior to investing in CFDs the Client needs to be aware of any costs involved, such as spread s , commission s and swap s. For the purposes of this Statement, a swap means the interest added or deducted for holding a position open overnight. The swap for a position opened on Wednesday and held open overnight is three times that of other days; the reason for this is that the value date of a trade held open overnight on a Wednesday would normally be Saturday, but since banks are closed, the value date is Monday and the client incurs an extra 2 two days of interest.
From Friday to Monday swap is charged once. In case the expiry system fails for any reason, it will auto detect un-expired options and expire them in accordance to the rates stored historically in the archive. If any position did not expire on time, the system will issue a notification to Risk Manager and Compliance Officer, detailing all position information, in order to be resolved manually. Trading CFDs carries risk and could result in the loss of your deposit, please trade wisely.More...