Utilizing the company's trading tools and services can result in both gains and losses, even if conducted according to provided recommendations.

 

Leverage usage raises trading risks, with losses potentially exceeding initial deposits. The company may enforce margin calls, and if clients fail to meet these, they must cover any remaining deficit. Indicators may fluctuate significantly, particularly during periods of high volatility or economic uncertainty, negatively affecting the client's position.

 

The risk disclaimer regarding certain products or services may not fully describe all associated risks. It is recommended to consult financial advisors before making any trades or investments.

 

No specific recommendations:

 

The company does not assess the investment opportunities, goals, financial situations, requirements, or needs of individual traders in any of its publications. Therefore, all company articles are for informational or marketing purposes only and should not be considered as:

 

• Financial, investment, hedging, legal, regulatory, tax, accounting, or business consulting services.
• Recommendations or trading ideas.
• Any encouragement to invest without proper choice.

 

The company disclaims responsibility for losses from investments based on suggested recommendations.

 

No representation – no guarantee:

 

While the company strives to source analytical information from reliable origins, all publications are delivered without certifications or warranties, explicit or implied. The company is not liable for incomplete, inaccurate, or irrelevant publications, and will not be held responsible to any subscribers, clients, partners, suppliers, counterparties, or other recipients for:

 

• The accuracy of market quotations.
• Delays, inaccuracies, errors, interruptions, or omissions in conveying market price information.
• Absence of warnings about trading session closures.

 

Company publications are not updated post-release. Market volatility can cause rapid changes after publication, and the company assumes no liability for old publications.

 

If a publication becomes outdated, the company is not required to:

 

• Update it.
• Inform traders of changes.
• Take any further action.

 

Moreover, any publication reflects the author's personal views and may not represent the company's opinions. The company reserves the right to withdraw or amend any publication or information at its sole discretion without prior notice.

 

Risks of online trading:

 

Utilizing the trading platform involves high risk as system execution may be impeded by hardware, software, or internet connection failures. Since the company does not control signal strength, internet communication, hardware configuration, or connection reliability, it cannot be held responsible for communication failures, distortions, or delays in online trading. The company employs reserve systems and has a contingency plan to minimize system failures and ensure mobile trading.

 

Website use:

 

Using information from the company's website is subject to the "Terms of Use," which may occasionally be updated in the "Copyright" section. Both documents are integral parts of the disclaimer. The company is not liable for any damage resulting from the client's inability to access the company's website, including damage to personal computers and systems caused by viruses or malware.

 

Consultations on the company's website do not establish a relationship with the client. The company assumes no liability to any natural or legal person during their usage of the company's website.

 

Risks of complex trading instruments:

 

Below are characteristics of certain complex trading instruments and the markets they are traded in. Trading financial instruments always involves risk. Engaging in trading is advisable only if one understands their nature and associated risks.

 

Currency pairs trading (Forex):

 

When trading currency pairs, an investor buys a currency at one price and sells it at another. For example, selling British pounds (GBP) against the United States dollar (USD) anticipates a rise in USD against GBP.

 

Currencies are traded with leverage, allowing investors to trade more than their account funds using company funds. Currency trading can occur through FX Spot, FX Forward, or FX Options. FX Spot involves exchanging a specified currency amount at an agreed rate on a set date. FX Forward and FX Options transactions are initiated at a specific date at prices set on the transaction date. With FX Options, the client has the right to transact in the underlying FX Spot pair at expiration if the price is more favorable. However, clients must close the transaction on the payment day.

 

The Forex market is one of the largest global financial markets, operating 24/7. Its specialty lies in relatively lower profitability compared to other trading opportunities, and profitability relies on large trade volumes facilitated by leverage. In currency trading, the revenue minus costs (commission and spread) of one player balances another player's loss. Foreign currency transactions are executed with the company as a counterparty at rates based on market analysts' information. The company's profit or loss is not directly offset by the client's, as the company hedges risks with other counterparties.

 

Since foreign currency trading involves margin, even small market movements can heavily impact investments. Despite allowing potentially high profits with a relatively small deposit, exceeding the total risk on margin trades beyond the deposit can lead to losing more than the Personal Account amount.

CFD (Contract for Difference):

 

Options trading:

 

Options trading involves high risk and may not suit all investors. Before trading, investors should assess the desired option and consider all risks. The company serves as the counterparty in options trading transactions.

 

An option grants the right to buy/sell an underlying asset at a fixed price before or on a specific date. A call option is an agreement where one party is the buyer and the other the seller. A put option grants the right to sell.

 

Options that allow the client to buy/sell the underlying asset may expire, resulting in the loss of the initial investment. To ensure the company assesses the client's ability to bear losses, margin payments are required. However, losses may exceed the margin charged, making clients responsible for the depleted deposit.

 

Clients are generally enabled for buying (put and call) options. Those interested in writing/selling contract options should contact their Account Manager.

 

Stock options:

 

An option contract involves one party transferring to another the right to purchase a financial instrument at a fixed price and time. The seller conveys the option, while the buyer commits to paying the seller for the right to purchase.

 

Final settlement of stock options involves the physical delivery of the stock, comparing payment to a fixed asset value. If a client lacks funds to settle an open stock option position, they cannot fulfill their obligation.

 

Final settlement of stock options occurs when the holder exercises their right to buy or sell shares. At expiration, all in-the-money options positions are automatically executed. Clients with short option positions are randomly assigned, similar to a lottery. A clearing statement from a broker reflects the true outcome of option execution.

 

A CFD is a contract between a buyer and seller transferring the difference between an asset's value at contract initiation (open position) and its value at contract conclusion (closed position).

 

The tool anticipates asset value change. Correct assumptions result in profit from price differences (minus costs), while incorrect ones require payment of the difference, including costs. CFD value depends on the underlying asset's price. Most CFDs are traded with the company as the counterparty, though some trade on a regulated market. Single stock CFD prices mirror the market trading price and liquidity. Index-tracking CFDs are OTC tools priced by the company based on underlying share prices, futures markets, dividends, interest rates, etc.

 

Margin trading in CFDs allows larger positions than available funds. A slight negative or positive movement can significantly affect investments. Therefore, CFD trading carries high risk, potentially resulting in substantial profits with a small deposit. Exceeding risk on margin trades beyond the deposit can result in losing more than the Personal Account amount.

 

Futures:

 

Futures trading speculates on future price movements of an underlying asset. A futures contract obliges the client to buy or sell an asset at a specific price on a predetermined date. The asset can be commodities, agricultural products, or financial instruments, and the client must settle the price difference based on market prices.

 

Margin trading in futures allows larger positions than personal funds. A relatively small market movement can greatly impact investments. Thus, trading futures involves high risk, offering potential high profits with a small deposit. If the total margin risk exceeds the deposit, clients risk losing more than the Personal Account amount.