1. The Client makes aware and guarantees that
he/she has carefully considered a part of his/her asset
(Owned Capital)
as the Risk Capital. The Client acknowledges that the Risk Capital is an
amount of money
that he/she wants to dispose at risk and the loss of
this amount will not much affect his/her prosperity.
2. The Client must be aware that the risk of loss
in trading foreign exchange and CFD can be rather
substantial.
Therefore, the Client needs to analyze their financial potential with regard
to transactions very
carefully.
3. When Client opens account, he/she selects
currency of deposit on his/her own (from those offered by
Company). In
this currency all trading and non-trading operations on account are
nominated settled and that
includes floating profit and loss,
commission payments, and marginal requirements. Client accepts
and
acknowledges all risks arising in the result of change of currency
of deposit and is fully responsible for such
consequences.
4. When making non-trading operations, the Client
independently chooses the method and currency of
transfer from the list
proposed by the Company. The Client is aware of and takes into account all
the risks
arising from changes in the Company's internal exchange
rates, and fully responsible for their consequences.
5. The Client is subject to loss of all his
initial equity and any additional equity deposited to support
and
maintain positions in the market. Besides, market conditions can
result in loss on positions that will exceed
remains of the money funds
on a trading account of Client.
6. Placing of such limit orders as Stop-Loss will
not necessarily limit your losses to the intended amounts,
as it may be
impossible to execute such orders under certain market conditions.
7. A high level of fluctuations often observed in
the foresaid trading with regard to not high margin
requirements can
work for you as well as against you. Using fluctuations may result in both
great loss and
great profit. The Client shall hold full responsibility
for all risks, financial resources used and the chosen
trading
strategy.
8. When executing trading operations through the
client terminal, the Client shall assume the risk of
financial loss,
which can be caused by
a) The failure of Client hardware, software and
internet connection;
b) The improper operation of Client
equipment;
c) The wrong settings in the client terminal;
d)
Delayed client terminal updates;
e) The Client’s ignorance of the
applicable rules described in the MetaTrader User Guide.
9. The Client shall acknowledge that only one
request or instruction is in the queue of instructions/orders.
Any
other request or instruction submitted by the Client can be declined.
10. The Client shall acknowledge that the only
reliable source of quoting information is the server for
Clients with
live accounts. The quote base in the client terminal shall not be considered
a reliable source of
quoting information, as in the case of high market
volatility or bad connection between the client terminal and
the
server, some of the quotes simply may not reach the client terminal.
11. The Client shall acknowledge that when the
Client closes the window to place/modify/delete an order,
as well as
the window to open/close a position, the instruction or request which has
been sent to the server
will not be cancelled.
12. The Client knows and agrees that upon Stop Out
(situation, when Margin Level is equal or bellow
Stop-out value
determined in Trading Conditions section on the website of the Company) open
positions'
liquidation is implemented automatically and does not depend
on the actions of the Company. Any intervention on the part of the Company
is unacceptable.
13. The Client knows and agrees that trade server
checks if there's sufficient Free Margin level on the
trading account
during the request of the Client for opening new position, however, it does
not consider
upcoming expenses for spread and commission for
maintaining the current position. Due to high leverage the
Client may
open position of such a volume that actual expenses for spread and
commission will lead to
insufficient funds on trading account and
forced closing of positions (situation, when Margin Level is equal
or
bellow Stop-out value determined in Trading Conditions section on the
website of the Company). In this
case the Client shall be liable for
losses arising from this situation because the Client determines volume
of
his/her new positions.
14. The Client is to make aware that the Company
is not liable for the losses caused, directly or indirectly,
by the
restrictions imposed by the government, currency or market rules,
interruption of trading in financial
markets, military operations or
any other conditions, usually specified as “force majeure” and which
are
beyond the Company’s control.
15. Transact by means of electronic trading system
may differ not only from transacting in the interbank
market, but as
well from transacting based on other trading systems. In case the Client
transacts by means of
electronic trading system he/she runs the risk
regarding the electronic trading system, including any
software
problems.
16. The Client undertakes to keep the passwords
secret and make sure that no third persons receive the
access to the
Personal Area and trading accounts. The Client is bound with obligations on
trade in relation to
the Company on trades conducted with Client’s
password usage, even if the latter is used by a third person.
17. In case any quote failure arises, the Company
is entitled to make any amendments necessary and
regulate any
disputable questions at the moment of the failure arising.
18. The Company is not liable for payments
processing time, any delay, failure or disconnection in work
of banks
and/or payment systems used by the Client, resulting from the fault of third
parties. The Company
shall not reimburse for any direct or indirect
loss and moral damage regarding any consequences of such
delays,
failures and/or disconnections.
19. Client agrees that the Company shall not be
liable for his inability to authorize in the Client Area or
trading
account.
20. The present brief risks notification does not
cover all the risks arising from implementing of trading
transactions
on financial markets.
