For
Fund Manging investors:
There is
significant risk of loss in trading foreign exchange spot currencies. In
considering whether to open an account, you should be aware of the following:
You may sustain a loss of the initial
funds and any additional funds that you deposit to establish or maintain a
position in the spot currency market. However, you cannot lose more than the
amount deposited in your managed account.
If Fx Trade Pilot
system electronically facilitates and places contingent orders, such as a
"stop-loss" or "stop-limit" order, they will not
necessarily limit your losses to the intended amount, since market conditions
may make it difficult to execute such orders at the exact stop price.
The high degree of leverage that is often
obtainable in spot trading because of the small margin requirements can work
against you as well as for you. The use of leverage can lead to large losses as
well as large gains.
A FOREX account with an independent
regulated firm is not a deposit in a bank and is not insured or guaranteed
by the Federal Deposit Insurance Corporation or any other government agency.
This brief statement of risk cannot cover all risks involved in the purchase or
sale of spot foreign currencies. Because of the unpredictable nature of the
prices of currencies, the purchase or sale of currencies involves a high degree
of risk that is not suitable for all members of the public. You should only
enter into a Managed Account Agreement for the purchase and sale of currencies
if you are fully aware of the potential for loss and understand the nature and
extent of your rights and obligations. As in any area of investing, the chances
for success in currencies are influenced not only by the risks involved in such
trading, but also by how well the risks are understood. Individuals considering
opening a managed currency account for buying or selling currencies are urged
to obtain additional information and to ask specific questions (and obtain
specific answers) concerning the risks as well as the opportunities in currency
trading and to take professional advice.
For
the signal users:
Hypothetical or simulated performance
results have certain limitations. Unlike an actual performance record,
simulated results do not represent actual trading. Also, since the trades have
not actually been executed, the results may have under or over-compensated for
the impact, if any, of certain market factors such as lack of liquidity.
Hypothetical trading programs in general are benefit of hindsight. No
representation is being made that any account will or is likely to achieve
profits or losses similar to those shown. Substantial risk is involved.
Forex trading has large
potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept
them in order to invest in the forex markets. Don't trade with money you can't
afford to lose. Nothing in our course or website shall be deemed a solicitation
or an offer to Buy/sell futures and/or options. No representation is being made
that any account will or is likely to achieve profits or losses similar to
those discussed on our site. Also, the past performance of any trading
methodology is not necessarily indicative of futures results. Day trading
involves high risks and you can lose a lot of money.
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