Risk Statement

1. Important warnings and suitability

Forex and CFDs are complex OTC derivatives and are not suitable for all investors. You may quickly lose some or all of your invested capital; and, where permitted by the applicable contract, additional obligations may arise.

Before trading, you should understand the product structure, leverage, margin, fees, order execution and market risks, and make independent judgments based on your goals, experience, financial status and ability to withstand losses, and seek licensed independent professional advice when necessary.

2. Leverage risk

Leverage allows opening larger notional value positions with less margin. Small market movements can result in significant profits or losses relative to your margin. High leverage does not mean lower costs or a higher rate of success.

You should select positions based on net assets, volatility, and stop-loss capabilities, rather than solely based on the maximum leverage allowed by the platform. Reducing leverage or positioning does not eliminate market risk.

3. Margin and forced liquidation

You must maintain the required margin on an ongoing basis. Price changes, exchange rates, financing charges, margin adjustments or other positions may reduce available margin.

When an account reaches the warning or forced liquidation level, the system may close some or all positions without additional consent. The order and price of closing positions may not be in line with your expectations, and in fast markets it may not be possible to prevent further losses in time.

4. Volatility, gapping and event risk

Economic data, central bank decisions, political events, natural disasters, company announcements, market openings and closings, and breaking news may cause severe fluctuations or price gaps. The market may move right past your order price.

Positions cannot be adjusted during weekends, holidays, or trading suspensions, and prices may differ significantly from the previous closing price when the market reopens. Historical fluctuations are not indicative of future risk ranges.

5. Liquidity risk

When trading is thin, extreme market conditions occur, products expire or the underlying market is restricted, the transactable price and quantity may be reduced. Spreads may widen and orders may be delayed, partially filled, rejected or unable to be filled.

Certain products may lack reliable quotes during certain time periods. You should not assume that any position can be exited at any time at the displayed price.

6. Execution, Slippage and Order Risk

Market orders are typically executed at the best price available, rather than guaranteed to be executed at the price displayed when clicked. Network delays, price changes, and market depth can produce positive or negative slippage.

Limit price, stop loss, trailing stop loss and take profit are order instructions and are not a guarantee of transaction price. After triggering, it may still be executed at different prices; complex orders, partial transactions or related orders may also produce unexpected positions.

7. OTC transactions and counterparty risks

Foreign exchange and CFD are usually over-the-counter contracts between the client and the entity that opens the account, rather than taking ownership of the underlying asset. Position closing, valuation, funding and contract performance depend on the account opening entity and its trading arrangements.

If a counterparty, bank, liquidity provider, custodian or payment institution defaults, goes bankrupt, has operations interrupted or assets are frozen, you may not be able to trade in a timely manner or retrieve all funds. The applicable customer fund arrangements and protection scope are subject to the account opening documents.

8. Spreads, commissions and financing costs

Transaction costs include spreads, commissions, overnight financing, currency conversion and possible transfer or data fees. Spreads and funding rates may vary with market conditions.

Frequent trading, long-term positions, or large leverage will significantly affect the cumulative cost of the results. The floating profit and loss shown on the platform may not include all final expenses and tax effects.

9. Exchange rate, interest rate and cross-market risk

If the account base currency is different from the product settlement currency, exchange rate risks will arise. Even if the underlying transaction is profitable, currency translation may reduce or offset the gain.

Interest rates, dividend adjustments, futures rollovers, corporate actions and underlying market rules may change product prices, financing or position conditions.

10. Technology, platform and network security risks

Equipment failure, Internet outages, software errors, data delays, server maintenance, third-party failures, or cyberattacks may result in the inability to log in, submit, modify, or cancel orders. Backup devices or networks do not guarantee continued access.

Unauthorized actions may result from stolen account credentials, remote control software, phishing websites, or malicious programs. You should enable available security measures, verify domain names and contact details, and report anomalies immediately.

11. Automated trading, EA and VPS risks

Algorithms, EAs, APIs, and VPS may produce unusual trading due to coding errors, parameters, duplicate instructions, delays, disconnections, over-optimization, or changes in market structure. Historical backtesting may contain deviations and actual results cannot be guaranteed.

You are responsible for the automation policies, permissions, monitoring, and risk limits deployed. Testing should be done in a controlled environment and continuously monitored, and automation should not be assumed to replace human supervision.

12. Social trading, copy trading and signal risk

Copying someone else’s trades does not replicate their capital size, entry price, risk tolerance, or overall operating environment. Delays, scale settings and funding differences can cause results to vary significantly.

The historical performance of a signal provider does not guarantee future performance and may also include unrealized losses. You should independently evaluate strategies, drawdowns, fees and concentrations and set acceptable risk limits.

13. Risks of third-party information and educational content

News, research, calendars, calculators, reviews, and educational content may be sourced from third parties and may contain delays, errors, omissions, or methodological differences. Any ratings, opinions, or examples do not constitute advice to you.

You should not make trading decisions based solely on a single source, independently verify information and understand the assumptions and limitations of the tools used.

14. Legal, regulatory and tax risks

Legal, regulatory, sanctions, product intervention, leverage limits, trading hours, tax or capital controls may change product availability, margining, position processing or fund transfers. Changes may be effective immediately.

You are responsible for confirming that the transaction is legal in your location and obtaining independent tax advice. Tax treatment depends on individual circumstances and may change.

15. Customer confirmation and continuing responsibility

By using the trading service, you confirm that you have read the applicable risk documents and understand the following matters:

• There is no risk-free strategy, guaranteed profit, or guaranteed stop-loss method.
• You should only use funds that can withstand all losses without affecting your basic life.
• You are responsible for positions, margins, account security, orders and trading results, and should continuously monitor the account.
• Demo accounts, backtests, historical performance and the performance of others cannot accurately predict the future results of real accounts.
• You should re-evaluate whether a transaction is suitable when the product, experience, or financial situation changes.