The Client confirms that he has carefully assessed part of his property (Equity Capital) as Risk Capital, recognizing that this is an amount that he is willing to risk, and the loss of which will not significantly affect his well-being.
Trading in the FOREX and CFD markets involves a high risk of loss, and therefore the Client must carefully analyze his financial capabilities in the context of such transactions.
When opening a trading account, the Client selects the account currency from those offered by the Company, recognizing responsibility for the risks associated with changes in the account currency rate and the consequences for all transactions.
When conducting non-trading transactions, the Client chooses the transfer method and currency from those offered by the Company, accepting responsibility for the risks associated with changes in internal conversion rates.
The Client understands that he may lose both the initial and additional funds used to manage a position in the market, and that losses may exceed the balance of funds in the account.
Placing restrictive orders such as Stop Loss does not always guarantee that losses will be completely limited to a predetermined amount due to changing market conditions.
The high level of fluctuation that is often seen in this trade with low margin requirements can work either in your favor or against you. Using fluctuations can lead to both large losses and large profits. The client bears full responsibility for taking into account all risks, using financial resources and choosing the appropriate trading strategy.
When performing trading operations using the client terminal, the Client assumes the risks of financial losses that may arise in the following cases:
a. failures in hardware, software and poor quality of communication on the Client’s side;
b. improper operation of the Client’s equipment;
c. incorrect client terminal settings;
d. untimely updating of the client terminal version;
e. the Client’s ignorance of the instructions/
The Client acknowledges that there is predominantly only one request or order in the request/order queue on the trading server. Attempting to submit any new request or order may be rejected.
The Client acknowledges that the only reliable source of information about the flow of quotes is the main trading server serving real Clients. Quote databases on the client terminal cannot serve as a reliable source of information about the quote flow, since in the case of high market volatility or an unstable connection between the client terminal and the server, some quotes from the quote flow may not reach the client terminal.
The Client acknowledges that closing the window for placing/modifying/deleting an order, as well as the window for opening/closing positions, does not cancel orders or requests already received for processing by the Company’s trading server.
The Client acknowledges that closing the window for placing/modifying/deleting an order, as well as the window for opening/closing positions, does not cancel the order or request that has already been received for processing by the Partner Effect trading server.
The Client is aware and agrees that when a Stop Out occurs (a situation where the Margin Level is equal to or less than the Stop out value specified in the “Trading Conditions” section on the Partner Effect Website), the liquidation of open positions occurs automatically and does not depend on the Partner Effect actions. Any interference by the Partner Effect is unacceptable.
The Client understands and agrees that the trading server, in the process of requesting the Client to open a new position, checks the adequacy of the Free Margin on the trading account, but does not take into account the upcoming costs of the spread and commissions to secure this position. Due to high leverage, the Client may open a position of such size that the actual costs of the spread and commissions will lead to insufficient funds in the trading account and forced closure of positions (a situation where the Margin Level is equal to or less than the Stop out value specified in the “Trading Conditions” section on Partner Effect website). The Client is responsible for any losses arising in such a situation, since he independently determines the volume of his new positions.
The Client must understand that the Partner Effect cannot be held liable for losses caused directly or indirectly by government restrictions, currency or market regulations, suspension of trading in financial markets, acts of war or other conditions generally referred to as force majeure and beyond the control of from the Partner Effect.
Trading using an electronic trading system may differ not only from trading in the interbank market, but also from trading based on other trading systems. If the Client trades using an electronic trading system, he is subject to the risks associated with the electronic trading system, including problems with the software.
The Client is obliged to keep passwords and be convinced that third parties will not gain access to the Personal Account and trading accounts. The Client will be bound by the Partner Effect for trades carried out using the Client’s password, even if it was used by a third party.
In the event of quoting errors, the Partner Effect reserves the right to make necessary adjustments and resolve any disputed issues at the time the error occurred.
The Partner Effect is not responsible for the timing of the money transfer, delays, failures or shutdowns in the work of banks and (or) payment systems used by the Client that arose due to the fault of a third party. The Partner Effect does not compensate for any direct or indirect losses or moral damages for the consequences of such delays, failures and/or outages.
The Client acknowledges that the Partner Effect is not responsible if the Client cannot log into the Personal Account or trading account.
This brief risk notice does not exhaust all the risks when performing trading operations on financial markets, either in your favor or against you. Using fluctuations can lead to both large losses and large profits. The client bears full responsibility for taking into account all risks, using financial resources and choosing the appropriate trading strategy.