Risks. 24.1. The Client acknowledges, recognises and understands that trading and investments in leveraged as well as non–leveraged Contracts is: (a) highly speculative; (b) may involve an extreme degree of risk; and (c) is appropriate only for persons who, if they trade on margin, can assume risk of loss in excess of their margin deposit. An example of a leveraged product is a Forex account with a leverage of higher than 1:1. Clients may choose a leverage of 1:1 which makes the Contract non-leveraged. 24.2. The Client acknowledges, recognises and understands that: (a) because of the low margin normally required in margined transactions, price changes in the underlying asset may result in significant losses, which losses may substantially exceed the Client’s investment and margin deposit; (b) certain market conditions may make it difficult or impossible to execute orders at a stipulated price; (c) when the Client directs the Company to enter into any transaction, any profit or loss arising as a result of a fluctuation in the value of the asset or the underlying asset will be entirely for the Client’s account and risk; (d) the Company will never provide any trading advice to the Client. Therefore, the Client agrees not to hold the Company responsible for losses incurred as a consequence of following the Company’s recommendations or suggestions or those of its employees, associates or representatives, unless the Company has exercised gross negligence in connection herewith; (e) the Company shall not conduct any continuous monitoring of the transactions already entered into by the Client. Thus, the Company cannot be held responsible for the transactions developing differently from what the Client might have presupposed and/ or to the disadvantage of the Client; (f) guarantees of profit or freedom from loss are impossible in investment trading; (g) he/ she has received no such guarantees or similar representations from the Company, from a Business Introducer, or representatives hereof or any other entity with whom the Client is conducting a Company account. (h) the Company shall not provide any advice to the Client on any tax issues related to any Services. The Client is advised to obtain individual independent counsel from its financial advisor, auditor or legal counsel with respect to tax implications of the respective Services. (i) The Client further acknowledges, recognises and understands that many Contracts will be effected subject and in accordance with Market Rules. In particular, the Client acknowledges that Market Rules usually contain far-reaching powers in an emergency or otherwise undesirable situation and agrees that if any exchange or clearing house takes any action which affects a contract then the Company may take any action which it, in its discretion, considers desirable in the interests of the customer and/ or the Company. The Company shall not be liable for any loss suffered by the Client as a result of the acts or omissions of any exchange or clearing house or any action reasonably taken by the Company as a result of such acts or omission unless the Company has exercised gross negligence in connection hereby. (j) The Company offers various trading account types, the specifications of which are available on the Company’s website. The Company reserves the right to change the specification of the Trading Account and publish any changes made to a specific trading account type on the relevant page of its.
Appears in 2 contracts
Samples: Account Opening Agreement, Account Opening Agreement
Risks. 24.123.1. The Client acknowledges, recognises and understands that trading and investments in leveraged as well as non–leveraged non±leveraged Contracts is:
(a) highly speculative;
(b) may involve an extreme degree of risk; and
(c) is appropriate only for persons who, if they trade on margin, can assume risk of loss in excess of their margin deposit. An example of a leveraged product is a CFD on Forex account with a leverage of higher than 1:1. Clients may choose a leverage of 1:1 which makes the Contract non-leveraged.
24.223.2. The Client acknowledges, recognises and understands that:
(a) because of the low margin normally required in margined transactions, price changes in the underlying asset may result in significant losses, which losses may substantially exceed the Client’s investment Client¶iVnvestment and margin deposit;
(b) certain market conditions may make it difficult or impossible to execute orders at a stipulated price;
(c) when the Client directs the Company to enter into any transaction, any profit or loss arising as a result of a fluctuation in the value of the asset or the underlying asset will be entirely for the Client’s account Client¶Vaccount and risk;
(d) the Company will never provide any trading advice to the Client. Therefore, the Client agrees not to hold the Company responsible for losses incurred as a consequence of following the Company’s recommendations Company¶Vrecommendations or suggestions or those of its employees, associates or representatives, unless the Company has exercised gross negligence in connection herewith;
(e) the Company shall not conduct any continuous monitoring of the transactions already entered into by the Client. Thus, the Company cannot be held responsible for the transactions developing differently from what the Client might have presupposed and/ or to the disadvantage of the Client;
(f) guarantees of profit or freedom from loss are impossible in investment trading;
(g) he/ she has received no such guarantees or similar representations from the Company, from a Business Introducer, or representatives hereof or any other entity with whom the Client is conducting a Company account.
(h) the Company shall not provide any advice to the Client on any tax issues related to any Services. The Client is advised to obtain individual independent counsel from its financial advisor, auditor or legal counsel with respect to tax implications of the respective Services.
(i) The Client further acknowledges, recognises and understands that many Contracts will be effected affected subject and in accordance with Market Rules. In particular, the Client acknowledges that Market Rules usually contain far-reaching powers in an emergency or otherwise undesirable situation and agrees that if any exchange or clearing house takes any action which affects a contract then the Company may take any action which it, in its discretion, considers desirable in the interests of the customer and/ or the Company. The Company shall not be liable for any loss suffered by the Client as a result of the acts or omissions of any exchange or clearing house or any action reasonably taken by the Company as a result of such acts or omission unless the Company has exercised gross negligence in connection hereby.
(j) The Company offers various trading account types, the specifications of which are available on the Company’s websiteCompany¶Vwebsite. The Company reserves the right to change the specification of the Trading Account and publish any changes made to a specific trading account type on the relevant page of its.
(k) Trading on CFDs in cryptocurrencies is not appropriate for all Clients. The Client hereby acknowledges and understands that in order to be able to trade with cryptocurrencies he must possess the necessary knowledge and expertise and understand the specific characteristics and risks related to these products;
(l) Trading on CFDs in cryptocurrencies involves a high risk of losing all the invested capital as cryptocurrencies values can fluctuate and may result in significant loss over a short period of time.
Appears in 2 contracts
Samples: Account Opening Agreement, Account Opening Agreement
Risks. 24.1. 23.1 The Client acknowledges, recognises and understands that trading and investments in leveraged as well as non–leveraged Contracts iscontracts are:
(a) highly speculative;
(b) may involve an extreme degree of risk; and
(c) is appropriate only for persons who, if they trade on margin, can assume the risk of loss in excess of above their margin deposit. An example of a leveraged product is a CFD on Forex account with a leverage of higher than 1:1. Clients may choose a leverage of 1:1 1:1, which makes the Contract non-leveraged.
24.2. 23.2 The Client acknowledges, recognises and understands that:
(a) because of the low margin normally usually required in margined transactions, price changes in the underlying asset may result in significant losses, which losses may substantially exceed the Client’s investment and margin deposit;
(b) certain market conditions may make it difficult or impossible to execute orders at a stipulated price;
(c) when the Client directs the Company to enter into any transaction, any profit or loss arising as a result of a fluctuation in the value of the asset or the underlying asset will be entirely for the Client’s account and risk;
(d) the Company will never provide any trading advice to the Client. Therefore, the Client agrees not to hold the Company responsible for losses incurred as a consequence of following the Company’s recommendations or suggestions or those of its employees, associates or representatives, representatives unless the Company has exercised gross negligence in connection herewith;
(e) the Company shall not conduct any continuous monitoring of continuously monitor the transactions already entered into by the Client. Thus, the Company cannot be held responsible for the transactions developing differently from what the Client might have presupposed and/ or to the disadvantage of the Client;
(f) guarantees of profit or freedom from loss are impossible in investment trading;
(g) he/ she has they have received no such guarantees or similar representations from the Company, from a Business Introducer, or representatives hereof hereof, or any other entity with whom the Client is conducting a Company account.
(h) the Company shall not provide any advice to the Client on any tax issues related to any Services. The Client is advised to obtain individual independent counsel from its financial advisor, auditor or legal counsel with respect to concerning the tax implications of the respective Services.
(i) The Client further acknowledges, recognises and understands that many Contracts will be effected affected subject to and in accordance with following Market Rules. In particular, the Client acknowledges that Market Rules usually contain far-reaching powers in an emergency or otherwise undesirable situation and agrees that if any exchange or clearing house takes any action which affects a contract contract, then the Company may take any action which it, in its discretion, considers desirable in the interests of the customer and/ or the Company. The Company shall not be liable for any loss suffered by the Client as a result of the acts or omissions of any exchange or clearing house or any action reasonably taken by the Company as a result of such acts or omission omissions unless the Company has exercised gross negligence in connection herebyat this moment.
(j) The Company offers various trading account types, the specifications of which are available on the Company’s website. The Company reserves the right to change the specification of the Trading Account and publish any changes made to a specific trading account type on its relevant page.
(k) Trading on CFDs in cryptocurrencies is inappropriate for all Clients. The Client, at this moment, acknowledges and understands that to be able to trade with cryptocurrencies, he must possess the relevant page necessary knowledge and expertise and understand the specific characteristics and risks related to these products; (l) Trading on CFDs in cryptocurrencies involves a high risk of itslosing all the invested capital as cryptocurrencies values can fluctuate and may result in significant loss over a short period.
Appears in 2 contracts
Samples: Account Opening Agreement, Account Opening Agreement
Risks. 24.123.1. The Client acknowledges, recognises and understands that trading and investments in leveraged as well as non–leveraged Contracts is:
(a) highly speculative;
(b) may involve an extreme degree of risk; and
(c) is appropriate only for persons who, if they trade on margin, can assume risk of loss in excess of their margin deposit. An example of a leveraged product is a CFD on Forex account with a leverage of higher than 1:1. Clients may choose a leverage of 1:1 which makes the Contract non-leveraged.
24.223.2. The Client acknowledges, recognises and understands that:
(a) because of the low margin normally required in margined transactions, price changes in the underlying asset may result in significant losses, which losses may substantially exceed the Client’s investment and margin deposit;
(b) certain market conditions may make it difficult or impossible to execute orders at a stipulated price;
(c) when the Client directs the Company to enter into any transaction, any profit or loss arising as a result of a fluctuation in the value of the asset or the underlying asset will be entirely for the Client’s account and risk;
(d) the Company will never provide any trading advice to the Client. Therefore, the Client agrees not to hold the Company responsible for losses incurred as a consequence of following the Company’s recommendations or suggestions or those of its employees, associates or representatives, unless the Company has exercised gross negligence in connection herewith;
(e) the Company shall not conduct any continuous monitoring of the transactions already entered into by the Client. Thus, the Company cannot be held responsible for the transactions developing differently from what the Client might have presupposed and/ or to the disadvantage of the Client;
(f) guarantees of profit or freedom from loss are impossible in investment trading;
(g) he/ she has received no such guarantees or similar representations from the Company, from a Business Introducer, or representatives hereof or any other entity with whom the Client is conducting a Company account.
(h) the Company shall not provide any advice to the Client on any tax issues related to any Services. The Client is advised to obtain individual independent counsel from its financial advisor, auditor or legal counsel with respect to tax implications of the respective Services.
(i) The Client further acknowledges, recognises and understands that many Contracts will be effected affected subject and in accordance with Market Rules. In particular, the Client acknowledges that Market Rules usually contain far-reaching powers in an emergency or otherwise undesirable situation and agrees that if any exchange or clearing house takes any action which affects a contract then the Company may take any action which it, in its discretion, considers desirable in the interests of the customer and/ or the Company. The Company shall not be liable for any loss suffered by the Client as a result of the acts or omissions of any exchange or clearing house or any action reasonably taken by the Company as a result of such acts or omission unless the Company has exercised gross negligence in connection hereby.
(j) The Company offers various trading account types, the specifications of which are available on the Company’s website. The Company reserves the right to change the specification of the Trading Account and publish any changes made to a specific trading account type on the relevant page of its.
(k) Trading on CFDs in cryptocurrencies is not appropriate for all Clients. The Client hereby acknowledges and understands that in order to be able to trade with cryptocurrencies he must possess the necessary knowledge and expertise and understand the specific characteristics and risks related to these products;
(l) Trading on CFDs in cryptocurrencies involves a high risk of losing all the invested capital as cryptocurrencies values can fluctuate and may result in significant loss over a short period of time.
Appears in 1 contract
Samples: Account Opening Agreement
Risks. 24.123.1. The Client acknowledges, recognises and understands that trading and investments in leveraged as well as non–leveraged non±leveraged Contracts is:
(a) highly speculative;
(b) may involve an extreme degree of risk; and
(c) is appropriate only for persons who, if they trade on margin, can assume risk of loss in excess of their margin deposit. An example of a leveraged product is a CFD on Forex account with a leverage of higher than 1:1. Clients may choose a leverage of 1:1 which makes the Contract non-leveraged.
24.223.2. The Client acknowledges, recognises and understands that:
(a) because of the low margin normally required in margined transactions, price changes in the underlying asset may result in significant losses, which losses may substantially exceed the Client’s investment Client¶Vinvestment and margin deposit;
(b) certain market conditions may make it difficult or impossible to execute orders at a stipulated price;
(c) when the Client directs the Company to enter into any transaction, any profit or loss arising as a result of a fluctuation in the value of the asset or the underlying asset will be entirely for the Client’s account Client¶Vaccount and risk;
(d) the Company will never provide any trading advice to the Client. Therefore, the Client agrees not to hold the Company responsible for losses incurred as a consequence of following the Company’s recommendations Company¶Vrecommendations or suggestions or those of its employees, associates or representatives, unless the Company has exercised gross negligence in connection herewith;
(e) the Company shall not conduct any continuous monitoring of the transactions already entered into by the Client. Thus, the Company cannot be held responsible for the transactions developing differently from what the Client might have presupposed and/ or to the disadvantage of the Client;
(f) guarantees of profit or freedom from loss are impossible in investment trading;
(g) he/ she has received no such guarantees or similar representations from the Company, from a Business Introducer, or representatives hereof or any other entity with whom the Client is conducting a Company account.
(h) the Company shall not provide any advice to the Client on any tax issues related to any Services. The Client is advised to obtain individual independent counsel from its financial advisor, auditor or legal counsel with respect to tax implications of the respective Services.
(i) The Client further acknowledges, recognises and understands that many Contracts will be effected affected subject and in accordance with Market Rules. In particular, the Client acknowledges that Market Rules usually contain far-reaching powers in an emergency or otherwise undesirable situation and agrees that if any exchange or clearing house takes any action which affects a contract then the Company may take any action which it, in its discretion, considers desirable in the interests of the customer and/ or the Company. The Company shall not be liable for any loss suffered by the Client as a result of the acts or omissions of any exchange or clearing house or any action reasonably taken by the Company as a result of such acts or omission unless the Company has exercised gross negligence in connection hereby.
(j) The Company offers various trading account types, the specifications of which are available on the Company’s websiteCompany¶Vwebsite. The Company reserves the right to change the specification of the Trading Account and publish any changes made to a specific trading account type on the relevant page of its.
(k) Trading on CFDs in cryptocurrencies is not appropriate for all Clients. The Client hereby acknowledges and understands that in order to be able to trade with cryptocurrencies he must possess the necessary knowledge and expertise and understand the specific characteristics and risks related to these products;
(l) Trading on CFDs in cryptocurrencies involves a high risk of losing all the invested capital as cryptocurrencies values can fluctuate and may result in significant loss over a short period of time.
Appears in 1 contract
Samples: Account Opening Agreement
Risks. 24.1. 23.1 The Client acknowledges, recognises recognizes and understands that trading and investments in leveraged as well as non–leveraged Contracts iscontracts are:
(a) highly speculative;
(b) may involve an extreme degree of risk; and
(c) is appropriate only for persons who, if they trade on margin, can assume the risk of loss in excess of above their margin deposit. An example of a leveraged product is a CFD on Forex account with a leverage of higher than 1:1. Clients may choose a leverage of 1:1 1:1, which makes the Contract non-leveraged.
24.2. 23.2 The Client acknowledges, recognises recognizes and understands that:
(a) because of the low margin normally usually required in margined transactions, price changes in the underlying asset may result in significant losses, which losses may substantially exceed the Client’s investment and margin deposit;
(b) certain market conditions may make it difficult or impossible to execute orders at a stipulated price;
(c) when the Client directs the Company to enter into any transaction, any profit or loss arising as a result of a fluctuation in the value of the asset or the underlying asset will be entirely for the Client’s account and risk;
(d) the Company will never provide any trading advice to the Client. Therefore, the Client agrees not to hold the Company responsible for losses incurred as a consequence of following the Company’s recommendations or suggestions or those of its employees, associates or representatives, representatives unless the Company has exercised gross negligence in connection herewith;
(e) the Company shall not conduct any continuous monitoring of continuously monitor the transactions already entered into by the Client. Thus, the Company cannot be held responsible for the transactions developing differently from what the Client might have presupposed and/ or to the disadvantage of the Client;
(f) guarantees of profit or freedom from loss are impossible in investment trading;
(g) he/ she has they have received no such guarantees or similar representations from the Company, from a Business Introducer, or representatives hereof hereof, or any other entity with whom the Client is conducting a Company account.
(h) the Company shall not provide any advice to the Client on any tax issues related to any Services. The Client is advised to obtain individual independent counsel from its financial advisor, auditor or legal counsel with respect to concerning the tax implications of the respective Services.
(i) The Client further acknowledges, recognises recognizes and understands that many Contracts will be effected affected subject to and in accordance with following Market Rules. In particular, the Client acknowledges that Market Rules usually contain far-reaching powers in an emergency or otherwise undesirable situation and agrees that if any exchange or clearing house takes any action which affects a contract contract, then the Company may take any action which it, in its discretion, considers desirable in the interests of the customer and/ or the Company. The Company shall not be liable for any loss suffered by the Client as a result of the acts or omissions of any exchange or clearing house or any action reasonably taken by the Company as a result of such acts or omission omissions unless the Company has exercised gross negligence in connection herebyat this moment.
(j) The Company offers various trading account types, the specifications of which are available on the Company’s website. The Company reserves the right to change the specification of the Trading Account and publish any changes made to a specific trading account type on its relevant page.
(k) Trading on CFDs in cryptocurrencies is inappropriate for all Clients. The Client, at this moment, acknowledges and understands that to be able to trade with cryptocurrencies, he must possess the relevant page necessary knowledge and expertise and understand the specific characteristics and risks related to these products; (l) Trading on CFDs in cryptocurrencies involves a high risk of itslosing all the invested capital as cryptocurrencies values can fluctuate and may result in significant loss over a short period.
Appears in 1 contract
Samples: Account Opening Agreement
Risks. 24.112.1. The Client acknowledges, recognises recognizes and understands that trading and investments in leveraged as well as non–leveraged Contracts is:
(a) highly speculative;
(b) may involve an extreme degree of risk; and
(c) is appropriate only for persons who, if they trade on margin, can assume risk of loss in excess of their margin deposit. An example of a leveraged product is a CFD on Forex account with a leverage of higher than 1:1. Clients may choose a leverage of 1:1 which makes the Contract non-non- leveraged.
24.212.2. The Client acknowledges, recognises recognizes and understands that:
(a) because Because of the low margin normally required in margined transactions, price changes in the underlying asset may result in significant losses, which losses may substantially exceed the Client’s investment and margin deposit;
(b) certain Certain market conditions may make it difficult or impossible to execute orders at a stipulated price;
(c) when When the Client directs the Company to enter into any transaction, any profit or loss arising as a result of a fluctuation in the value of the asset or the underlying asset will be entirely for the Client’s account and risk;
(d) the The Company will never provide any trading advice to the Client. Therefore, the Client agrees not to hold the Company responsible for losses incurred as a consequence of following the Company’s recommendations or suggestions or those of its employees, associates or representatives, unless the Company has exercised gross negligence in connection herewith;
(e) the The Company shall not conduct any continuous monitoring of the transactions already entered into by the Client. Thus, the Company cannot be held responsible for the transactions developing differently from what the Client might have presupposed and/ or to the disadvantage of the Client;
(f) guarantees Guarantees of profit or freedom from loss are impossible in investment trading;
(g) he/ He/ she has received no such guarantees or similar representations from the Company, from a Business Introducer, or representatives hereof or any other entity with whom the Client is conducting a Company account.
(h) the The Company shall not provide any advice to the Client on any tax issues related to any Services. The Client is advised to obtain individual independent counsel from its financial advisor, auditor or legal counsel with respect to tax implications of the respective Services.
(i) The Client further acknowledges, recognises recognizes and understands that many Contracts will be effected affected subject and in accordance with Market Rules. In particular, the Client acknowledges that Market Rules usually contain far-reaching powers in an emergency or otherwise undesirable situation and agrees that if any exchange or clearing house takes any action which affects a contract then the Company may take any action which it, in its discretion, considers desirable in the interests of the customer and/ or the Company. The Company shall not be liable for any loss suffered by the Client as a result of the acts or omissions of any exchange or clearing house or any action reasonably taken by the Company as a result of such acts or omission unless the Company has exercised gross negligence in connection hereby.
(j) The Company offers various trading account types, the specifications of which are available on the Company’s website. The Company reserves the right to change the specification of the Trading Account and publish any changes made to a specific
(k) Trading on CFDs in cryptocurrencies is not appropriate for all Clients. The Client hereby acknowledges and understands that in order to be able to trade with cryptocurrencies he must possess the necessary knowledge and expertise and understand the specific trading account type characteristics and risks related to these products;
(l) Trading on CFDs in cryptocurrencies involves a high risk of losing all the relevant page invested capital as cryptocurrencies values can fluctuate and may result in significant loss over a short period of itstime.
Appears in 1 contract
Samples: Account Opening Agreement
Risks. 24.1. 23.1 The Client acknowledges, recognises and understands that trading and investments in leveraged as well as non–leveraged Contracts iscontracts are:
(a) highly speculative;
(b) may involve an extreme degree of risk; and
(c) is appropriate only for persons who, if they trade on margin, can assume the risk of loss in excess of above their margin deposit. An example of a leveraged product is a CFD on Forex account with a leverage of higher than 1:1. Clients may choose a leverage of 1:1 1:1, which makes the Contract non-leveraged.
24.2. 23.2 The Client acknowledges, recognises and understands that:
(a) because of the low margin normally usually required in margined transactions, price changes in the underlying asset may result in significant losses, which losses may substantially exceed the Client’s investment and margin deposit;
(b) certain market conditions may make it difficult or impossible to execute orders at a stipulated price;
(c) when the Client directs the Company to enter into any transaction, any profit or loss arising as a result of a fluctuation in the value of the asset or the underlying asset will be entirely for the Client’s account and risk;
(d) the Company will never provide any trading advice to the Client. Therefore, the Client agrees not to hold the Company responsible for losses incurred as a consequence of following the Company’s recommendations or suggestions or those of its employees, associates or representatives, representatives unless the Company has exercised gross negligence in connection herewith;
(e) the Company shall not conduct any continuous monitoring of continuously monitor the transactions already entered into by the Client. Thus, the Company cannot be held responsible for the transactions developing differently from what the Client might have presupposed and/ or to the disadvantage of the Client;
(f) guarantees of profit or freedom from loss are impossible in investment trading;
(g) he/ she has they have received no such guarantees or similar representations from the Company, from a Business Introducer, or representatives hereof hereof, or any other entity with whom the Client is conducting a Company account.
(h) the Company shall not provide any advice to the Client on any tax issues related to any Services. The Client is advised to obtain individual independent counsel from its financial advisor, auditor or legal counsel with respect to concerning the tax implications of the respective Services.
(i) The Client further acknowledges, recognises and understands that many Contracts will be effected affected subject to and in accordance with following Market Rules. In particular, the Client acknowledges that Market Rules usually contain far-reaching powers in an emergency or otherwise undesirable situation and agrees that if any exchange or clearing house takes any action which affects a contract contract, then the Company may take any action which it, in its discretion, considers desirable in the interests of the customer and/ or the Company. The Company shall not be liable for any loss suffered by the Client as a result of the acts or omissions of any exchange or clearing house or any action reasonably taken by the Company as a result of such acts or omission omissions unless the Company has exercised gross negligence in connection herebyat thismoment.
(j) The Company offers various trading account types, the specifications of which are available on the Company’s website. The Company reserves the right to change the specification of the Trading Account and publish any changes made to a specific trading account type on its relevant page.
(k) Trading on CFDs in cryptocurrencies is inappropriate for all Clients. The Client, at this moment, acknowledges and understands that to be able to trade with cryptocurrencies, he must possess the relevant page necessary knowledge and expertise and understand the specific characteristics and risks related to these products; (l) Trading on CFDs in cryptocurrencies involves a high risk of itslosing all the invested capital as cryptocurrencies values can fluctuate and may result in significant loss over a short period.
Appears in 1 contract
Samples: Account Opening Agreement
Risks. 24.123. 1 The Client acknowledges, recognises recognizes and understands that trading and investments in leveraged as well as non–leveraged Contracts iscontracts are:
(a) highly speculative;
(b) may involve an extreme degree of risk; and
(c) is appropriate only for persons who, if they trade on margin, can assume the risk of loss in excess of above their margin deposit. An example of a leveraged product is a CFD on Forex account with a leverage of higher than 1:1. Clients may choose a leverage of 1:1 1:1, which makes the Contract non-non- leveraged.
24.223. 2 The Client acknowledges, recognises recognizes and understands that:
(a) because of the low margin normally usually required in margined transactions, price changes in the underlying asset may result in significant losses, which losses may substantially exceed the Client’s investment and margin deposit;
(b) certain market conditions may make it difficult or impossible to execute orders at a stipulated price;
(c) when the Client directs the Company to enter into any transaction, any profit or loss arising as a result of a fluctuation in the value of the asset or the underlying asset will be entirely for the Client’s account and risk;
(d) the Company will never provide any trading advice to the Client. Therefore, the Client agrees not to hold the Company responsible for losses incurred as a consequence of following the Company’s recommendations or suggestions or those of its employees, associates or representatives, representatives unless the Company has exercised gross negligence in connection herewith;
(e) the Company shall not conduct any continuous monitoring of continuously monitor the transactions already entered into by the Client. Thus, the Company cannot be held responsible for the transactions developing differently from what the Client might have presupposed and/ or to the disadvantage of the Client;
(f) guarantees of profit or freedom from loss are impossible in investment trading;
(g) he/ she has they have received no such guarantees or similar representations from the Company, from a Business Introducer, or representatives hereof hereof, or any other entity with whom the Client is conducting a Company account.
(h) the Company shall not provide any advice to the Client on any tax issues related to any Services. The Client is advised to obtain individual independent counsel from its financial advisor, auditor or legal counsel with respect to concerning the tax implications of the respective Services.
(i) The Client further acknowledges, recognises recognizes and understands that many Contracts will be effected affected subject to and in accordance with following Market Rules. In particular, the Client acknowledges that Market Rules usually contain far-reaching powers in an emergency or otherwise undesirable situation and agrees that if any exchange or clearing house takes any action which affects a contract contract, then the Company may take any action which it, in its discretion, considers desirable in the interests of the customer and/ or the Company. The Company shall not be liable for any loss suffered by the Client as a result of the acts or omissions of any exchange or clearing house or any action reasonably taken by the Company as a result of such acts or omission omissions unless the Company has exercised gross negligence in connection herebyat this moment.
(j) The Company offers various trading account types, the specifications of which are available on the Company’s website. The Company reserves the right to change the specification of the Trading Account and publish any changes made to a specific trading account type on its relevant page.
(k) Trading on CFDs in cryptocurrencies is inappropriate for all Clients. The Client, at this moment, acknowledges and understands that to be able to trade with cryptocurrencies, he must possess the relevant page necessary knowledge and expertise and understand the specific characteristics and risks related to these products; (l) Trading on CFDs in cryptocurrencies involves a high risk of itslosing all the invested capital as cryptocurrencies values can fluctuate and may result in significant loss over a short period.
Appears in 1 contract
Samples: Account Opening Agreement
Risks. 24.122.1. The Client acknowledges, recognises and understands that trading and investments in leveraged as well as non–leveraged Contracts is:
(a) highly speculative;
(b) may involve an extreme degree of risk; and
(c) is appropriate only for persons who, if they trade on margin, can assume risk of loss in excess of their margin deposit. An example of a leveraged product is a CFD on Forex account with a leverage of higher than 1:1. Clients may choose a leverage of 1:1 which makes the Contract non-leveraged.
24.222.2. The Client acknowledges, recognises and understands that:
(a) because of the low margin normally required in margined transactions, price changes in the underlying asset may result in significant losses, which losses may substantially exceed the Client’s investment and margin deposit;
(b) certain market conditions may make it difficult or impossible to execute orders at a stipulated price;
(c) when the Client directs the Company to enter into any transaction, any profit or loss arising as a result of a fluctuation in the value of the asset or the underlying asset will be entirely for the Client’s account and risk;
(d) the Company will never provide any trading advice to the Client. Therefore, the Client agrees not to hold the Company responsible for losses incurred as a consequence of following the Company’s recommendations or suggestions or those of its employees, associates or representatives, unless the Company has exercised gross negligence in connection herewith;
(e) the Company shall not conduct any continuous monitoring of the transactions already entered into by the Client. Thus, the Company cannot be held responsible for the transactions developing differently from what the Client might have presupposed and/ or to the disadvantage of the Client;
(f) guarantees of profit or freedom from loss are impossible in investment trading;
(g) he/ she has received no such guarantees or similar representations from the Company, from a Business Introducer, or representatives hereof or any other entity with whom the Client is conducting a Company account.
(h) the Company shall not provide any advice to the Client on any tax issues related to any Services. The Client is advised to obtain individual independent counsel from its financial advisor, auditor or legal counsel with respect to tax implications of the respective Services.
(i) The Client further acknowledges, recognises and understands that many Contracts will be effected subject and in accordance with Market Rules. In particular, the Client acknowledges that Market Rules usually contain far-reaching powers in an emergency or otherwise undesirable situation and agrees that if any exchange or clearing house takes any action which affects a contract then the Company may take any action which it, in its discretion, considers desirable in the interests of the customer and/ or the Company. The Company shall not be liable for any loss suffered by the Client as a result of the acts or omissions of any exchange or clearing house or any action reasonably taken by the Company as a result of such acts or omission unless the Company has exercised gross negligence in connection hereby.
(j) The Company offers various trading account types, the specifications of which are available on the Company’s website. The Company reserves the right to change the specification of the Trading Account and publish any changes made to a specific trading account type on the relevant page of its.
Appears in 1 contract
Samples: Account Opening Agreement
Risks. 24.1. The Client acknowledges, recognises and understands that trading and investments in leveraged as well as non–leveraged Contracts is:
(a) highly Highly speculative;
(b) may May involve an extreme degree of risk; and
(c) is Is appropriate only for persons who, if they trade on margin, can assume risk of loss in excess of their margin deposit. An example of a leveraged product is a CFD on Forex account with a leverage of higher than 1:1. Clients may choose a leverage of 1:1 which makes the Contract non-leveraged.
24.2. The Client acknowledges, recognises and understands that:
(a) because Because of the low margin normally required in margined transactions, price changes in the underlying asset may result in significant losses, which losses may substantially exceed the Client’s investment and margin deposit;
(b) certain Certain market conditions may make it difficult or impossible to execute orders at a stipulated price;
(c) when When the Client directs the Company to enter into any transaction, any profit or loss arising as a result of a fluctuation in the value of the asset or the underlying asset will be entirely for the Client’s account and risk;
(d) the The Company will never provide any trading advice to the Client. Therefore, the Client agrees not to hold the Company responsible for losses incurred as a consequence of following the Company’s recommendations or suggestions or those of its ofits employees, associates or representatives, unless the Company has exercised gross negligence in connection herewith;
; (e) the Company shall not conduct any continuous monitoring of the transactions already entered into by the Client. Thus, the Company cannot be held responsible for the transactions developing differently from what the Client might have presupposed and/ or to the disadvantage of the Client;
(fe) guarantees Guarantees of profit or freedom from loss are impossible in investment trading;
(gf) he/ she He/ She has received no such guarantees or similar representations from the Company, from a Business Introducer, or representatives hereof or any other entity with whom the Client is conducting a Company account.
(hg) the The Company shall not provide any advice to the Client on any tax issues related to any Services. The Client is advised to obtain individual independent counsel from its financial advisor, auditor or legal counsel with respect to tax implications of the respective Services.
(ih) The Client further acknowledges, recognises and understands that many Contracts will be effected subject and in accordance with Market Rules. In particular, the Client acknowledges that Market Rules usually contain far-reaching powers in an emergency or otherwise undesirable situation and agrees that if any exchange or clearing house takes any action which affects a contract then the Company may take any action which it, in its discretion, considers desirable in the interests of the customer and/ or the Company. The Company shall not be liable for any loss suffered by the Client as a result aresult of the acts or omissions of any exchange or clearing house or any action reasonably taken by the Company as a result of such acts or omission unless the Company has exercised gross negligence in connection hereby.
(ji) The Company offers various trading account types, the specifications of which are available on the Company’s website. The Company reserves the right to change the specification of the Trading Account and publish any changes made to a specific trading account type on the relevant page of its.
Appears in 1 contract
Samples: Account Opening Agreement