Common use of Risk Acknowledgment Clause in Contracts

Risk Acknowledgment. Client acknowledges that investments in leveraged foreign exchange transactions are speculative, involve a high degree of risk, and are appropriate only for persons who can assume risk of loss of their margin deposit. Client understands that because of the low margin normally required in trading foreign exchange contracts, price changes in foreign exchange contracts trading may result in the loss of Client’s margin deposit. Client warrants that Client is willing and able, financially and otherwise, to assume the risk of foreign exchange contracts trading, and in consideration of GMI carrying his/ her account(s), Client agrees NOT to hold GMI responsible for losses incurred through following its trading recommendations or suggestions or those of its employees, agents or representatives. Client recognizes that guarantees of profit or freedom from loss are impossible in foreign exchange trading. Client acknowledges that Client has received NO such guarantees from GMI or from any of its representatives or any introducing agent or other entity with whom Client is conducting his/ her GMI account and has not entered into this agreement in consideration of or in reliance upon any such guarantees or similar representations.

Risk Acknowledgment. Client acknowledges that investments in leveraged foreign exchange transactions are speculative, involve a high degree of risk, and are appropriate only for persons who can assume risk of loss of their margin deposit. Client understands that because of the low margin normally required in trading foreign exchange contracts, price changes in foreign exchange contracts trading may result in the loss of Client’s margin deposit. Client warrants that Client is willing and able, financially and otherwise, to assume the risk of foreign exchange contracts trading, and in consideration of GMI carrying his/ her account(s), Client agrees NOT not to hold GMI responsible for losses incurred through following its trading recommendations or suggestions or those of its employees, agents or representatives. Client recognizes that guarantees of profit or freedom from loss are impossible in foreign exchange trading. Client acknowledges that Client has received NO no such guarantees from GMI or from any of its representatives or any introducing agent or other entity with whom Client is conducting his/ her GMI account and has not entered into this agreement in consideration of or in reliance upon any such guarantees or similar representations.