Risk Warning

Trading risks are multiple as online foreign exchange trading is speculative and may result in substantial or complete loss of funds, or losses in excess of your initial deposit. Therefore, only “risk capital” should be allocated for this purpose, which is money that is not essential to your survival or well-being. Therefore, it is your responsibility to decide whether foreign exchange trading is suitable for your financial situation and investment objectives. If you do not fully understand the risks involved in the currency trading market or the various trading rules and policies of Forex Steps, we advise you not to engage in trading in any financial instruments. In this case, you can also seek advice or advice from an independent financial advisor.

 

Without deviating from the general rule of what is mentioned above, trading risks involve the following factors:

 

1. The Company does not and cannot guarantee the client’s initial capital or its value or any money invested in any financial instruments.

 

2. The “leverage” available in the form of CFDs or spot Forex trading (the funds that the Company requires you to provide when opening a position compared to the national size of the trade you can enter into) means that a small margin deposit can result in large losses or large profits. It also means that a relatively small movement can result in a much larger movement in the size of any loss that may harm you or a profit that may be in your favour.

 

3. The risks of trading and losses may become compounded by sudden adverse market movements, and the value of any investment in financial instruments may fluctuate up or down, and the investment may even become worthless or worthless.

 

4. As a result of transactions executed in such instruments, the Client may assume additional financial and other obligations, including contingent obligations, in addition to the cost of obtaining the instruments (such as commissions and other fees).

 

5. The execution of orders at an agreed price, or potential “stop loss” orders or “stop-limit” orders, may be impossible or costly due to certain market conditions or fluctuations. You may be required to deposit additional margin funds on short notice, failure to do so may result in the liquidation of your position and your liability for any deficit in your account.

 

6. Currencies are not traded on any exchange and are traded in mixed batches on an irregular basis. Quotes for such orders may be out of date or unreliable, due to the absence of a counterparty, among other reasons. In any event, such trading orders may not be immediately fulfillable.

 

7. Forex Steps or the bank or broker you use may, in the event of exposure to Forex risks, enter bankruptcy or insolvency resulting in the immediate closure of your positions.

 

By using Forex Steps, you acknowledge that you have read and fully understood this disclaimer.