Common use of Risk and Liability Clause in Contracts

Risk and Liability. 10.1. The Client is aware and acknowledges that there is a great risk of incurring losses and damages as a result of the investment activity (purchase and/or sale of Financial Instruments) through the Company and the Company’s Trading Platform and accepts that he is willing to undertake this risk upon entering into this business relationship. You agree to use the Website at your own risk. Without limiting the foregoing, the financial services contained within the Website are suitable only for customers who are able to bear the loss of all the money they invest and who understand the risks involved in the acquisition of financial contracts. 10.2. The Client acknowledges and understands that due to market fluctuations, the value of Financial Instruments may increase or decrease, or may even be reduced to zero. Regardless of the information the Company may provide to the Client, the Client agrees and acknowledges the possibility of these cases occurring. 10.3. The placing of Contingent Orders, (such as a Stop-Loss Order), may not always limit your Losses to the amount you want. Conditions may prevent Execution of such Orders. 10.4. If your Account Balance falls below the minimum required Balance as outlined in this Agreement, the Company reserves the right to reduce or close out your Positions. The minimum Balance may be varied at Company’s discretion. You hereby agree that the Stop out level will equal to the 50% of your balance at the relevant time while a Margin Call shall take place when your balance during the relevant time is equal or less than 100% of the required Margin. 10.5. If you open a Position and close it before the Markets have moved favorably, you may incur 10.6. Data supplied by Third Parties may be delayed, incorrect or unavailable. The Company is not responsible for provision of neither such Information/Data Services nor the consequences if they fail, are delayed or are wrong. 10.7. While the Company has made every reasonable effort to ensure continuity of Services, Operational Risk such as disruptions to Communications, Computers, Networks or External events may lead to delays in the Execution and Settlement of a Transaction. 10.8. Should you fail to pay or provide security for amounts payable to the Company or fail to perform any obligation as set out in this Agreement, the Company is entitled to take steps to protect its position. You also indemnify the company and its Agents, Representatives and Employees against certain Losses and Liabilities. The Company’s liability is expressly limited. Please read the Terms and Conditions contained in this Agreement and any other documents the Company provided to you carefully, to ensure you understand these matters prior to signing any documentation. 10.9. All the Transactions will be done at your risk and by you. The Company will not be liable for any Loss, damage or debt you incur as a direct or indirect result of activities which will be executed according to this Agreement. In any event, any sum you will claim from the Company will not exceed the sum of the Collateral. 10.10. You acknowledge and accept that the Company has the right to close at any time, without prior notice, any Transaction you performed, if your Portfolio shows low value of Collateral, as computed fluctuations in the Exchange rates. 10.11. Financial markets may fluctuate rapidly to reflect events that are outside the control of 10.12. If the Company provided you with Credit, at your request, the Company will be entitled, at its exclusive discretion, to close any of your Transaction or part of an Open Transaction and you will have to pay the Company any debt or loss caused by such activity. 10.13. You acknowledge and accept that it is impossible for the Company to guarantee the use of its Services will generate Profit or incur no Loss. 10.14. You declare that you have received no such guarantee or promise from the Company or any of its Directors, Employees and/or Representatives and if you received such promise, you must regard such promise as illegal and of no effect. You declare that your entry into this Agreement is not based on such promises or representations. The Client declares that he/she has read, understood and unreservedly accepted the following: (a) Information of the previous performance of a Financial Instrument does not guarantee its current and/or future performance. Historical data are not and should not be considered as reflective of the future returns of any Financial Instrument. (b) In cases of Financial Instruments traded in currencies other than the currency of the Client’s country of residence, the Client is running the risk of a change in the exchange rate that will decrease the value and price of the Financial Instruments and in affect their performance. (c) The Client is aware that he is running the risk of losing all of his funds invested and shall only purchase Financial Instruments if he is willing to take this risk. 10.15. The Client acknowledges and accepts that there may be other risks involved in trading which are not contained in Section 10 and that he/she has read and accepted all information contained in the Company’s “Risk Disclosure” uploaded on the Company’s Website. 10.16. The Client acknowledges, accepts and understands that trading and investments in leveraged as well as non-leveraged Contracts is highly speculative and may involve an extreme degree of risk. 10.17. The Client acknowledges, recognizes and understands that: (a) Because of the low margin normally requires in margined transactions, price changes in the underlying asset may result in significant losses. (b) Certain market conditions may make it difficult or impossible to execute orders at a stipulated price; (c) Guarantees of profit or freedom from loss are impossible in investment trading; (d) He/she has received no such guarantees or similar representations from the Company, from a Business Introduces, an Affiliate or representatives hereof;

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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Risk and Liability. 10.1. The Client is aware and acknowledges that there is a great risk of incurring losses and damages as a result of the investment activity (purchase and/or sale of Financial Instruments) through the Company and the Company’s Trading Platform and accepts that he is willing to undertake this risk upon entering into this business relationship. You agree to use the Website at your own risk. Without limiting the foregoing, the financial services contained within the Website are suitable only for customers who are able to bear the loss of all the money they invest and who understand the risks involved in the acquisition of financial contracts. 10.2. The Client acknowledges and understands that due to market fluctuations, the value of Financial Instruments may increase or decrease, or may even be reduced to zero. Regardless of the information the Company may provide to the Client, the Client agrees and acknowledges the possibility of these cases occurring. 10.3. The placing of Contingent Orders, (such as a Stop-Loss Order), may not always limit your Losses to the amount you want. Conditions may prevent Execution of such Orders. 10.4. If your Account Balance falls below the minimum required Balance as outlined in this Agreement, the Company reserves the right to reduce or close out your Positions. The minimum Balance may be varied at Company’s discretion. You hereby agree that the Stop out level will equal to the 50% of your balance at the relevant time while a Margin Call shall take place when your balance during the relevant time is equal or less than 100% of the required Margin. 10.5. If you open a Position and close it before the Markets have moved favorably, you may incurincur a Loss to the extent of the Spread and any Fees and Commissions payable. 10.6. Data supplied by Third Parties may be delayed, incorrect or unavailable. The Company is not responsible for provision of neither such Information/Data Services nor the consequences if they fail, are delayed or are wrong. 10.7. While the Company has made every reasonable effort to ensure continuity of Services, Operational Risk such as disruptions to Communications, Computers, Networks or External events may lead to delays in the Execution and Settlement of a Transaction. 10.8. Should you fail to pay or provide security for amounts payable to the Company or fail to perform any obligation as set out in this Agreement, the Company is entitled to take steps to protect its position. You also indemnify the company and its Agents, Representatives and Employees against certain Losses and Liabilities. The Company’s liability is expressly limited. Please read the Terms and Conditions contained in this Agreement and any other documents the Company provided to you carefully, to ensure you understand these matters prior to signing any documentation. 10.9. All the Transactions will be done at your risk and by you. The Company will not be liable for any Loss, damage or debt you incur as a direct or indirect result of activities which will be executed according to this Agreement. In any event, any sum you will claim from the Company will not exceed the sum of the Collateral. 10.10. You acknowledge and accept that the Company has the right to close at any time, without prior notice, any Transaction you performed, if your Portfolio shows low value of Collateral, as computed fluctuations in the Exchange rates. 10.11. Financial markets may fluctuate rapidly to reflect events that are outside the control ofof the broker and/or your control; as a result, prices will become volatile. One form of price volatility is ‘gapping’, which occurs when there is a sudden shift in prices from one level to another. This can be caused, for example by unexpected economic events or market announcements, within or outside trading hours. In addition, if prices move against you, this will have a direct and real time impact on your trades, which may be automatically stopped out. It is possible that all your trades will be stopped-out; not just the ones that are loss making. Please note that CFDs are leveraged financial products and therefore as such, trading CFDs involves a high risk of loss as price movements are influenced by the amount of leverage the client is using. Nonetheless, as a result of the ‘Negative Balance Protection’ (‘NBP’) you may not lose more than your initial investment. 10.12. If the Company provided you with Credit, at your request, the Company will be entitled, at its exclusive discretion, to close any of your Transaction or part of an Open Transaction and you will have to pay the Company any debt or loss caused by such activity. 10.13. You acknowledge and accept that it is impossible for the Company to guarantee the use of its Services will generate Profit or incur no Loss. 10.14. You declare that you have received no such guarantee or promise from the Company or any of its Directors, Employees and/or Representatives and if you received such promise, you must regard such promise as illegal and of no effect. You declare that your entry into this Agreement is not based on such promises or representations. The Client declares that he/she has read, understood and unreservedly accepted the following: (a) Information of the previous performance of a Financial Instrument does not guarantee its current and/or future performance. Historical data are not and should not be considered as reflective of the future returns of any Financial Instrument. (b) In cases of Financial Instruments traded in currencies other than the currency of the Client’s country of residence, the Client is running the risk of a change in the exchange rate that will decrease the value and price of the Financial Instruments and in affect their performance. (c) The Client is aware that he is running the risk of losing all of his funds invested and shall only purchase Financial Instruments if he is willing to take this risk. 10.15. The Client acknowledges and accepts that there may be other risks involved in trading which are not contained in Section 10 and that he/she has read and accepted all information contained in the Company’s “Risk Disclosure” uploaded on the Company’s Website. 10.16. The Client acknowledges, accepts and understands that trading and investments in leveraged as well as non-non- leveraged Contracts is highly speculative and may involve an extreme degree of risk. 10.17. The Client acknowledges, recognizes and understands that: (a) Because of the low margin normally requires in margined transactions, price changes in the underlying asset may result in significant losses. (b) Certain market conditions may make it difficult or impossible to execute orders at a stipulated price; (c) Guarantees of profit or freedom from loss are impossible in investment trading; (d) He/she has received no such guarantees or similar representations from the Company, from a Business Introduces, an Affiliate or representatives hereof;

Appears in 1 contract

Samples: Client Agreement

Risk and Liability. 10.1. The Client is aware and acknowledges that there is a great risk of incurring losses and damages as a result of the investment activity (purchase and/or sale of Financial Instruments) through the Company and the Company’s Trading Platform and accepts that he is willing to undertake this risk upon entering into this business relationship. You agree to use the Website at your own risk. Without limiting the foregoing, the financial financial services contained within the Website are suitable only for customers who are able to bear the loss of all the money they invest and who understand the risks involved in the acquisition of financial financial contracts. 10.2. The Client acknowledges and understands that due to market fluctuationsfluctuations, the value of Financial Instruments may increase or decrease, or may even be reduced to zero. Regardless of the information the Company may provide to the Client, the Client agrees and acknowledges the possibility of these cases occurring. 10.3. The placing of Contingent Orders, (such as a Stop-Loss Order), may not always limit your Losses to the amount you want. Conditions may prevent Execution of such Orders. 10.4. If your Account Balance falls below the minimum required Balance as outlined in this Agreement, the Company reserves the right to reduce or close out your Positions. The minimum Balance may be varied at Company’s discretion. You hereby agree that the Stop out level will equal to the 5025% of your balance at the relevant time while a Margin Call shall take place when your balance during the relevant time is equal or less than 100200% of the required Margin. 10.5. If you open a Position and close it before the Markets have moved favorably, you may incurincur a Loss to the extent of the Spread and any Fees and Commissions payable. 10.6. Data supplied by Third Parties may be delayed, incorrect or unavailable. The Company is not responsible for provision of neither such Information/Data Services nor the consequences if they fail, are delayed or are wrong. 10.7. While the Company has made every reasonable effort to ensure continuity of Services, Operational Risk such as disruptions to Communications, Computers, Networks or External events may lead to delays in the Execution and Settlement of a Transaction. 10.8. Should you fail to pay or provide security for amounts payable to the Company or fail to perform any obligation as set out in this Agreement, the Company is entitled to take steps to protect its position. You also indemnify the company and its Agents, Representatives and Employees against certain Losses and Liabilities. The Company’s liability is expressly limited. Please read the Terms and Conditions contained in this Agreement and any other documents the Company provided to you carefully, to ensure you understand these matters prior to signing any documentation. 10.9. All the Transactions will be done at your risk and by you. The Company will not be liable for any Loss, damage or debt you incur as a direct or indirect result of activities which will be executed according to this Agreement. In any event, any sum you will claim from the Company will not exceed the sum of the Collateral. 10.10. You acknowledge and accept that the Company has the right to close at any time, without prior notice, any Transaction you performed, if your Portfolio shows low value of Collateral, as computed fluctuations fluctuations in the Exchange rates. 10.11. Financial markets may fluctuate fluctuate rapidly to reflect reflect events that are outside the control ofof the broker and/or your control; as a result, prices will become volatile. One form of price volatility is ‘gapping’, which occurs when there is a sudden shift in prices from one level to another. This can be caused, for example by unexpected economic events or market announcements, within or outside trading hours. In addition, if prices move against you, this will have a direct and real time impact on your trades, which may be automatically stopped out. It is possible that all your trades will be stopped-out; not just the ones that are loss making. Please note that CFDs are leveraged financial products and therefore as such, trading CFDs involves a high risk of loss as price movements are influenced by the amount of leverage the client is using. Nonetheless, as a result of the ‘Negative Balance Protection’ (‘NBP’) you may not lose more than your initial investment. 10.12. If the Company provided you with Credit, at your request, the Company will be entitled, at its exclusive discretion, to close any of your Transaction or part of an Open Transaction and you will have to pay the Company any debt or loss caused by such activity. 10.13. You acknowledge and accept that it is impossible for the Company to guarantee the use of its Services will generate Profit Profit or incur no Loss. 10.14. You declare that you have received no such guarantee or promise from the Company or any of its Directors, Employees and/or Representatives and if you received such promise, you must regard such promise as illegal and of no effect. You declare that your entry into this Agreement is not based on such promises or representations. The Client declares that he/she has read, understood and unreservedly accepted the following: (a) Information of the previous performance of a Financial Instrument does not guarantee its current and/or future performance. Historical data are not and should not be considered as reflective reflective of the future returns of any Financial Instrument. (b) In cases of Financial Instruments traded in currencies other than the currency of the Client’s country of residence, the Client is running the risk of a change in the exchange rate that will decrease the value and price of the Financial Instruments and in affect their performance. (c) The Client is aware that he is running the risk of losing all of his funds invested and shall only purchase Financial Instruments if he is willing to take this risk. 10.15. The Client acknowledges and accepts that there may be other risks involved in trading which are not contained in Section 10 and that he/she has read and accepted all information contained in the Company’s “Risk Disclosure” uploaded on the Company’s Website. 10.16. The Client acknowledges, accepts and understands that trading and investments in leveraged as well as non-leveraged Contracts is highly speculative and may involve an extreme degree of risk. 10.17. The Client acknowledges, recognizes and understands that: (a) Because of the low margin normally requires in margined transactions, price changes in the underlying asset may result in significant losses. (b) Certain market conditions may make it difficult or impossible to execute orders at a stipulated price; (c) Guarantees of profit or freedom from loss are impossible in investment trading; (d) He/she has received no such guarantees or similar representations from the Company, from a Business Introduces, an Affiliate or representatives hereof;

Appears in 1 contract

Samples: Client Agreement

Risk and Liability. 10.1. The Client is aware and acknowledges that there is a great risk of incurring losses and damages as a result of 10.1 You will carry out all the investment activity (purchase and/or sale of Financial Instruments) through the Company and the Company’s Trading Platform and accepts that he is willing to undertake this risk upon entering into this business relationship. You agree to use the Website Transactions at your own risk. Without limiting The Company shall not be responsible for any Loss, damage incurred by you as a direct or indirect result of your use of the foregoing, the financial services contained within the Website are suitable only for customers who are able to bear the loss of all the money they invest and who understand the risks involved in the acquisition of financial contractsServices. 10.210.2 The Markets are speculative and volatile. The Client acknowledges Prices can fluctuate rapidly and understands that due may reflect unforeseeable events or changes in Conditions. These can be difficult, if not impossible, to market fluctuations, the value of Financial Instruments may increase or decrease, or may even be reduced to zero. Regardless of the information the Company may provide to the Client, the Client agrees and acknowledges the possibility of these cases occurringpredict. 10.3. 10.3 The placing of Contingent Orders, (such as a Stop-Loss Order), may not always limit your Losses to the amount amounts you want. Conditions may prevent Execution of such Orders. 10.4. 10.4 If your Account Balance falls below the minimum required Balance as outlined in this Agreement, the Company reserves the right to reduce or close out your Positions. The minimum Balance may be varied at Company’s discretion. You hereby agree that the Stop out level will equal to the 50% of your balance at the relevant time while a Margin Call shall take place when your balance during the relevant time is equal or less than 100% of the required Margin. 10.5. 10.5 If you open a Position and close it before the Markets have moved favorablyfavourably, you may incurincur a Loss to the extent of the Spread and any Fees and Commissions payable. 10.6. 10.6 Data supplied by Third Parties may be delayed, incorrect or unavailable. The Company is not responsible for provision of neither such Information/Data Services nor the consequences consequence if they fail, are delayed or are wrong. 10.7. 10.7 While the Company has made every reasonable effort to ensure continuity of Services, Operational Risk such as disruptions to Communications, Computers, Networks or External events may lead to delays in the Execution and Settlement of a Transaction. 10.8. 10.8 Should you fail to pay or provide security for amounts payable to the Company or fail to perform any obligation as set out in this Agreement, the Company is entitled to take steps to protect its position. You also indemnify the company Company and its Agents, Representatives and Employees against certain Losses and Liabilities. The Company’s liability Liability is expressly limited. Please read the Terms and Conditions contained in this Agreement and any other documents the Company provided to you carefully, to ensure you understand these matters prior to signing any documentation. 10.9. 10.9 All the Transactions will be done at your risk and by you. The Company will not be liable for any Loss, damage or debt you incur as a direct or indirect result of activities which will be executed according to this Agreement. In any event, any sum you will claim from the Company will not exceed the sum of the Collateral. 10.10. 10.10 You acknowledge and accept that the Company has the right to close at any time, without prior notice, any Transaction you performed, if your Portfolio shows low value of Collateral, as computed fluctuations in the Exchange rates. 10.11. Financial markets 10.11 You give your consent in advance that, if, due to the Rates, it may fluctuate rapidly be impossible to reflect events that are outside perform Transactions and the control ofAccount will go into a negative Balance, you will have to repay the Company any sum above the Collateral, to cover any negative Balance in your Account. 10.12. 10.12 If the Company provided you with Credit, at your request, the Company will be entitled, at its exclusive discretion, to close any of your Transaction or part of an Open Transaction and you will have to pay the Company any debt or loss caused by such activity. 10.13. 10.13 You acknowledge and accept that it is impossible for the Company to guarantee the use of its Services will generate Profit or incur no Loss. 10.14. You declare that you have received no such guarantee or promise from the Company or any of its Directors, Employees and/or Representatives and if you received such promise, you must regard such promise as illegal and of no effect. You declare that your entry into this Agreement is not based on such promises or representations. The Client declares that he/she has read, understood and unreservedly accepted the following: (a) Information of the previous performance of a Financial Instrument does not guarantee its current and/or future performance. Historical data are not and should not be considered as reflective of the future returns of any Financial Instrument. (b) In cases of Financial Instruments traded in currencies other than the currency of the Client’s country of residence, the Client is running the risk of a change in the exchange rate that will decrease the value and price of the Financial Instruments and in affect their performance. (c) The Client is aware that he is running the risk of losing all of his funds invested and shall only purchase Financial Instruments if he is willing to take this risk. 10.15. The Client acknowledges and accepts that there may be other risks involved in trading which are not contained in Section 10 and that he/she has read and accepted all information contained in the Company’s “Risk Disclosure” uploaded on the Company’s Website. 10.16. The Client acknowledges, accepts and understands that trading and investments in leveraged as well as non-leveraged Contracts is highly speculative and may involve an extreme degree of risk. 10.17. The Client acknowledges, recognizes and understands that: (a) Because of the low margin normally requires in margined transactions, price changes in the underlying asset may result in significant losses. (b) Certain market conditions may make it difficult or impossible to execute orders at a stipulated price; (c) Guarantees of profit or freedom from loss are impossible in investment trading; (d) He/she has received no such guarantees or similar representations from the Company, from a Business Introduces, an Affiliate or representatives hereof;

Appears in 1 contract

Samples: Client Agreement

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Risk and Liability. 10.1. The Client is aware and acknowledges that there is a great risk of incurring losses and damages as a result of the investment activity (purchase and/or sale of Financial Instruments) through the Company and the Company’s Trading Platform and accepts that he is willing to undertake this risk upon entering into this business relationship. You agree to use the Website at your own risk. Without limiting the foregoing, the financial services contained within the Website are suitable only for customers who are able to bear the loss of all the money they invest and who understand the risks involved in the acquisition of financial contracts.the 10.2. The Client acknowledges and understands that due to market fluctuations, the value of Financial Instruments may increase or decrease, or may even be reduced to zero. Regardless of the information the Company may provide to the Client, the Client agrees and acknowledges the possibility of these cases occurring. 10.3. The placing of Contingent Orders, (such as a Stop-Loss Order), may not always limit your Losses to the amount amounts you want. Conditions may prevent Execution of such Orders. 10.4. If your Account Balance falls below the minimum required Balance as outlined in this Agreement, the Company reserves the right to reduce or close out your Positions. The minimum Balance may be varied at Company’s discretion. You hereby agree that the Stop out level will equal to the 5025% of your balance at the relevant time while a Margin Call shall take shalltake place when your balance during the relevant time is equal or less than 100of 200% of the required Margin. 10.5. If you open a Position and close it before the Markets have moved favorably, you may incurincur a Loss to the extent of the Spread andany Fees and Commissions payable. 10.600.0. Data Xxxx supplied by Third Parties may be delayed, incorrect or unavailable. The Company is not responsible for provision of neither such Information/Data Services nor the consequences if they fail, are delayed or are wrong.the 10.7. While the Company has made every reasonable effort to ensure continuity of Services, Operational Risk such as disruptions to Communications, Computers, Networks or External events may lead to delays in the Execution and Settlement of a Transaction. 10.8. Should you fail to pay or provide security for amounts payable to the Company or fail to perform any obligation as set out in this Agreement, the Company is entitled to take steps to protect its position. You also indemnify the company and its Agents, Representatives and Employees against certain Losses and Liabilities. The Company’s liability is expressly limited. Please read the Terms and Conditions contained in this Agreement and any other documents the Company provided to you carefully, to ensure you understand these matters prior to signing any documentation. 10.9. All the Transactions will be done at your risk and by you. The Company will not be liable for any Loss, damage or debt you incur as a direct or indirect result of activities which will be executed according to this Agreement. In any event, any sum you will claim from the Company will not exceed the sum of the Collateral. 10.1000.00. You Xxx acknowledge and accept that the Company has the right to close at any time, without prior notice, any Transaction you performed, if your Portfolio shows low value of Collateral, as computed fluctuations in the Exchange rates. 10.1100.00. Financial Xxxxxxxxx markets may fluctuate rapidly to reflect events that are outside the control ofrapidly 10.12. If the Company provided you with Credit, at your request, the Company will be entitled, at its exclusive discretion, to close any of your Transaction or part of an Open Transaction and you will have to pay the Company any debt or loss caused by such activity. 10.1300.00. You Xxx acknowledge and accept that it is impossible for the Company to guarantee the use of its Services will generate Profit or incur no Loss. 10.1400.00. You Xxx declare that you have received no such guarantee or promise from the Company or any of its Directors, Employees and/or Representatives and if you received such promise, you must regard such promise as illegal and of no effect. You declare that your entry into this Agreement is not based on such promises or representations. The Client declares that he/she has read, understood and unreservedly accepted the following:such (a) Information of the previous performance of a Financial Instrument does not guarantee its current and/or future performance. Historical data are not and should not be considered as reflective of the future returns of any Financial Instrument. (b) In cases of Financial Instruments traded in currencies other than the currency of the Client’s country of residence, the Client is running the risk of a change in the exchange rate that will decrease the value and price of the Financial Instruments and in affect effect their performance. (c) The Client is aware that he is running the risk of losing all of his funds invested and shall only purchase Financial Instruments if he is willing to take this risk. 10.15. The Client acknowledges and accepts that there may be other risks involved in trading which are not contained in Section 10 and that he/she has read and accepted all information contained in the Company’s “Risk Disclosure” uploaded on the Company’s Website. 10.16. The Client acknowledges, accepts and understands that trading and investments in leveraged as well as non-leveraged Contracts is highly speculative and may involve an extreme degree of risk. 10.17. The Client acknowledges, recognizes and understands that: (a) Because of the low margin normally requires in margined transactions, price changes in the underlying asset may result in significant losses. (b) Certain market conditions may make it difficult or impossible to execute orders at a stipulated price; (c) Guarantees of profit or freedom from loss are impossible in investment trading; (d) He/she has received no such guarantees or similar representations from the Company, from a Business Introduces, an Affiliate or representatives hereof;

Appears in 1 contract

Samples: Client Agreement

Risk and Liability. 10.1. The Client is aware and acknowledges that there is a great risk of incurring losses and damages as a result of the investment activity (purchase and/or sale of Financial Instruments) through the Company and the Company’s Trading Platform and accepts that he is willing to undertake this risk upon entering into this business relationship. You agree to use the Website at your own risk. Without limiting the foregoing, the financial services contained within the Website are suitable only for customers who are able to bear the loss of all the money they invest and who understand the risks involved in the acquisition of financial contracts.activity 10.2. The Client acknowledges and understands that due to market fluctuations, the value of Financial Instruments may increase or decrease, or may even be reduced to zero. Regardless of the information the Company may provide to the Client, the Client agrees and acknowledges the possibility of these cases occurring. 10.3. The placing of Contingent Orders, (such as a Stop-Loss Order), may not always limit your Losses to the amount you want. Conditions may prevent Execution of such Orders. 10.4. If your Account Balance falls below the minimum required Balance as outlined in this Agreement, the Company reserves the right to reduce or close out your Positions. The minimum Balance may be varied at Company’s discretion. You hereby agree that the Stop out level will equal to the 5025% of your balance at the relevant time while a Margin Call shall take place when your balance during the relevant time is equal or less than 100200% of the required Margin. 10.5. If you open a Position and close it before the Markets have moved favorably, you may incurincur a Loss to the extent of the Spread and any Fees and Commissions payable. 10.6. Data supplied by Third Parties may be delayed, incorrect or unavailable. The Company is not responsible for provision of neither such Information/Data Services nor the consequences if they fail, are delayed or are wrong. 10.7. While the Company has made every reasonable effort to ensure continuity of Services, Operational Risk such as disruptions to Communications, Computers, Networks or External events may lead to delays in the Execution and Settlement of a Transaction. 10.8. Should you fail to pay or provide security for amounts payable to the Company or fail to perform any obligation as set out in this Agreement, the Company is entitled to take steps to protect its position. You also indemnify the company and its Agents, Representatives and Employees against certain Losses and Liabilities. The Company’s liability is expressly limited. Please read the Terms and Conditions contained in this Agreement and any other documents the Company provided to you carefully, to ensure you understand these matters prior to signing any documentation. 10.9. All the Transactions will be done at your risk and by you. The Company will not be liable for any Loss, damage or debt you incur as a direct or indirect result of activities which will be executed according to this Agreement. In any event, any sum you will claim from the Company will not exceed the sum of the Collateral. 10.10. You acknowledge and accept that the Company has the right to close at any time, without prior notice, any Transaction you performed, if your Portfolio shows low value of Collateral, as computed fluctuations in the Exchange rates. 10.11. Financial markets may fluctuate rapidly to reflect events that are outside the control ofof the broker and/or your control; as a result, prices will become volatile. One form of price volatility is ‘gapping’, which occurs when there is a sudden shift in prices from one level to another. This can be caused, for example by unexpected economic events or market announcements, within or outside trading hours. In addition, if prices move against you, this will have a direct and real time impact on your trades, which may be automatically 10.12. If the Company provided you with Credit, at your request, the Company will be entitled, at its exclusive discretion, to close any of your Transaction or part of an Open Transaction and you will have to pay the Company any debt or loss caused by such activity. 10.13. You acknowledge and accept that it is impossible for the Company to guarantee the use of its Services will generate Profit or incur no Loss. 10.14. You declare that you have received no such guarantee or promise from the Company or any of its Directors, Employees and/or Representatives and if you received such promise, you must regard such promise as illegal and of no effect. You declare that your entry into this Agreement is not based on such promises or representations. The Client declares that he/she has read, understood and unreservedly accepted the following: (a) Information of the previous performance of a Financial Instrument does not guarantee its current and/or future performance. Historical data are not and should not be considered as reflective of the future returns of any Financial Instrument. (b) In cases of Financial Instruments traded in currencies other than the currency of the Client’s country of residence, the Client is running the risk of a change in the exchange rate that will decrease the value and price of the Financial Instruments and in affect their performance. (c) The Client is aware that he is running the risk of losing all of his funds invested and shall only purchase Financial Instruments if he is willing to take this risk. 10.15. The Client acknowledges and accepts that there may be other risks involved in trading which are not contained in Section 10 and that he/she has read and accepted all information contained in the Company’s “Risk Disclosure” uploaded on the Company’s Website. 10.16. The Client acknowledges, accepts and understands that trading and investments in leveraged as well as non-leveraged Contracts is highly speculative and may involve an extreme degree of risk. 10.17. The Client acknowledges, recognizes and understands that: (a) Because of the low margin normally requires in margined transactions, price changes in the underlying asset may result in significant losses. (b) Certain market conditions may make it difficult or impossible to execute orders at a stipulated price; (c) Guarantees of profit or freedom from loss are impossible in investment trading; (d) He/she has received no such guarantees or similar representations from the Company, from a Business Introduces, an Affiliate or representatives hereof;

Appears in 1 contract

Samples: Client Agreement

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