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Trading tools and services offered by the company can lead to both gains and losses, even when conducted in accordance with the provided recommendations.

 

The utilization of leverage increases trading risks, as losses have the potential to significantly surpass the client's initial deposits. The company may enforce compulsory closure of margin calls, and if clients are unable to meet these requirements, any remaining deficit would be covered by the client. Indicators may exhibit substantial variations, especially during periods of heightened volatility or economic uncertainty, consequently exerting a negative impact on the client's position.

 

The disclaimer about risks associated with specific products or services may not encompass or provide a complete description of all associated risks. It is strongly advised that individuals consult with financial advisors before entering into any deals or investments.

 

Absence of specific recommendations:

 

The company refrains from evaluating the investment opportunities, goals, financial situations, requirements, and needs of individual traders in any of its publications. Consequently, all articles from the company are intended for informational or marketing purposes only and should not be interpreted as:

• Financial, investment, hedging, legal, regulatory, tax, accounting, and business consulting services.
• Recommendations or trading ideas.
• Any other form of encouragement to invest without the right of choice.

 

The company disclaims responsibility for losses arising from investments based on the proposed recommendations.

 

No representation – no guarantee:

 

While the company endeavors to gather analytical information from reliable sources, all publications are presented without certifications or warranties, whether express or implied. The company is not accountable for incomplete, inaccurate, or irrelevant publications, and it shall not be held liable to any subscribers, clients, partners, suppliers, counterparties, or other recipients for:

• Accuracy of market quotations.
• Delays, inaccuracies, errors, interruptions, or omissions in providing information about market prices.
• Lack of warnings about trading session closures.

 

Publications from the company are not subject to updates after release. Traders should remain vigilant as market volatility can result in rapid changes post-publication, and the company provides no warranties and assumes no liability for legacy publications.

 

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

• Update the publication.
• Inform the trader about changes.
• Undertake any other actions.

 

Furthermore, any publication reflects the personal views of the author and does not necessarily represent the company's opinions. The company reserves the right, at its sole discretion, to withdraw or amend any publication or information provided at any time without prior notice (before or after).

 

Risks associated with online trading:

 

Utilizing the trading platform carries a high probability risk, as system execution may be challenging due to hardware, software, and 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 when trading via the internet. The company employs reserve systems and has devised an emergency action plan to minimize the likelihood of system failure and ensure mobile phone trading.

 

Website use:

 

Any utilization of information from the company's website is subject to the "Terms of Use," which may be periodically updated in the "Copyright" section. Both documents constitute integral parts of the disclaimer. The company is not liable for damages resulting from the client's inability to access the company's website. This limitation encompasses disclaimers for damage to personal computer equipment and systems caused by viruses and other malware.

 

Consultations on the company's website do not imply any relationship with the client. The company is not obligated and assumes no liability to any natural or legal person during the use of the company's website.

 

Risks associated with complex trading instruments:

 

Below are characteristics of certain complex trading instruments and the markets where they are traded. It is essential to note that trading in financial instruments always involves risk. Engaging in trading instruments is advisable only if one comprehends their nature and associated risks.

 

Currency pairs trading (Forex):

 

When trading currency pairs, an investor purchases a currency at one price and sells it at another. For instance, an investor may sell British pounds (GBP) against the United States dollar (USD) if anticipating a rise in USD against GBP.

 

Currencies are traded with leverage, allowing investors to invest more than the funds in their Personal Account, using the company's money. Currency trading can be conducted through FX Spot, FX Forward, or FX Options. FX Spot involves the exchange of a specified currency amount between market participants at an agreed exchange rate on a predetermined date. FX Forward and FX Options transactions are initiated at a specific date at prices determined on the transaction date. With FX Options, the client holds the right to conduct a transaction in the underlying FX Spot currency pair on expiration if the price is more favorable than usual. However, clients engaged in options trading are obligated to finalize the transaction with the buyer on the payment day.

 

The Forex market is one of the world's largest financial markets, operating around the clock without holidays and weekends. However, its market specialty lies in relatively lower profitability compared to other trading opportunities. Profitability is dependent on a significant volume of trades facilitated through leverage. In currency pair trading, the revenue minus costs (commission and spread) incurred by one market player is always balanced by the loss of another player. Foreign currency transactions are always executed with the company as a counterparty, with the company setting rates based on information from market analysts. It's crucial to note that the company's profit or loss is not directly offset by the client's loss or profit, as the company seeks to hedge its risks with other counterparties.

 

Since foreign currency trading involves margin, even a small market movement can significantly impact the client's investment. While this high-risk scenario allows for potentially high profits with a relatively small deposit, exceeding the total risk on margin trades beyond the deposit poses the risk of losing more than the amount in the Personal Account.

CFD (Contract for Difference):

 

Options trading:

 

Options trading involves high risk and may not be suitable for all investors. Prior to trading, investors need to assess the desired option and consider all associated risks. The company serves as the counterparty to options trading transactions.

 

An option provides the right to buy/sell a specified underlying asset at a fixed price, with execution occurring either before or on the specified date before expiration. A call option is a financial agreement between two parties, where one is the buyer and the other is the seller. Conversely, a put option provides the right to sell.

 

Options that grant the client the right to buy/sell the underlying asset may expire, resulting in the loss of the initial investment. To ensure the company has assessed the client's ability to bear losses, margin payments are required. However, potential losses may surpass the margin charged, making the client responsible for the depleted deposit.

 

It's important to note that clients are, by default, only enabled for options to purchase (put and call). Clients interested in writing/selling contract options (put and calls) should contact their Account Manager.

 

Stock options:

 

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

 

Final settlement of stock options involves the physical delivery of the main stock, comparing the payment to a fixed asset value. If a client holds an open position for stock options but lacks the funds to settle the position, they won't be able to fulfill their obligation.

 

The final settlement positions of stock options occur when the holder of the long option position exercises their right to buy or sell shares. At expiration, all in-the-money options positions held by the client are automatically executed. Clients with short option positions are assigned through a random distribution process, resembling a lottery. A clearing statement from the broker is necessary to reflect the true outcome of option implementation.

 

A CFD is an agreement between two parties, the seller and the buyer, involving the transfer of the difference between the fair value of the asset at the contract's initiation (open position) and its value at the contract's conclusion (closed position).

 

The tool anticipates an increase or decrease in the value of a particular asset after a specified period. Correct assumptions result in profit from price differences (minus costs), while incorrect assumptions require payment of the difference, including costs. Tied to the underlying asset, the CFD's value depends on the price of the desired asset. While most CFDs are traded with the company as the counterparty, some are traded on a regulated market. The price of single stock CFDs mirrors the price and liquidity of shares in the market where they are traded. Index-tracking CFDs are over-the-counter (OTC) tools with prices determined by the company based on underlying share prices, futures markets, expected dividends, interest rates, etc.

 

As CFDs involve margin trading, clients can take larger positions than their Personal Account funds. However, even a slight negative or positive movement in the underlying instrument can significantly impact the investment. Therefore, trading CFDs carries a relatively high level of risk, potentially resulting in substantial profits with a relatively small deposit. Exceeding the total risk on margin trades beyond the deposit poses the risk of losing more than the amount in the Personal Account.

 

Futures:

 

Futures trading entails speculating on the future price movement of a particular underlying asset, whether it will rise or fall. A futures contract obliges the client to buy or sell an underlying asset at a specific price on a predetermined date. The underlying asset can be commodities, agricultural products, or financial instruments. The client must settle the asset's price difference based on market prices.

 

Since futures are traded on margin, clients can assume larger positions using the company's leverage than they could with their personal deposit. However, a relatively small market movement can have a significant impact on the client's investment. Therefore, trading in futures involves a high level of risk, offering potential high profits even with a relatively small deposit. If the client's total margin risk exceeds their deposit, they risk losing more than the amount in their Personal Account.