Legal Documents

The Company does not guarantee and cannot guarantee that the funds deposited by clients into their trading accounts will not be lost due to their transactions.

Clients should confirm that, regardless of any information provided by the Company, the investment value of financial instruments may fluctuate up or down, and may even become worthless.

Clients should confirm that the risk of losses and damages resulting from the purchase and/or sale of any financial instrument is significant, and accept that they are willing to bear this risk.

Information on the past performance of financial instruments does not guarantee their current and/or future performance. The use of historical data does not constitute a binding or secure prediction of the future performance of the relevant financial instruments.

Clients should note that transactions conducted through the Company's trading services may be speculative in nature. Significant losses may occur within a short period of time, and such losses may be equal to all the funds deposited by the client with the Company.

Certain financial instruments may not be immediately liquid due to reduced demand, and clients may not be able to sell them or easily obtain information about the value of these financial instruments or the extent of related risks.

When financial instruments are traded in a currency other than the client's country of residence, any changes in exchange rates may have a negative impact on their value, price, and performance.

Financial instruments in foreign markets may involve risks that are different from those typically associated with markets in the client's country of residence. In some cases, these risks may be greater. The profit or loss prospects of trading in foreign markets are also affected by exchange rate fluctuations.

Derivative financial instruments (i.e., options, futures, forwards, swaps, Contracts for Difference) may be non-deliverable spot transactions that provide opportunities to profit from changes in currency exchange rates, commodities, stock market indices, or stock prices (referred to as underlying instruments).

The value of derivative financial instruments may be directly affected by the price of the object of their acquisition (securities or other underlying assets).

Clients shall not purchase derivative financial instruments unless they are willing to bear the risk of losing all funds invested in them, as well as any additional commissions and other fees.

Under certain market conditions (such as but not limited to the following: force majeure events, technical failures, communication network failures, poor or no liquidity, market news or announcements, etc.), it may be difficult or impossible to execute orders.

Setting a stop-loss order can help limit losses. However, under certain market conditions, the execution price of a stop-loss order may be lower than its specified price, and the actual loss may be greater than expected.

If a client's equity is insufficient to maintain current positions, the client may be required to deposit additional funds or reduce risk exposure within a short period of time. If this is not done within the required time, positions may be liquidated at a loss, and the client will be liable for any deficit arising therefrom.

Clients should pay special attention to currencies that are traded irregularly or infrequently, where it cannot be determined whether prices are always quotable, or where it is difficult to trade at quoted prices due to the lack of counterparties.

Online trading, no matter how convenient or efficient, does not necessarily reduce the risks associated with currency trading.

Clients' transactions in financial instruments may be subject to taxation and/or other levies due to changes in legislation or their personal circumstances. The Company does not guarantee that no taxes and/or other stamp duties will be payable. Clients shall be responsible for any taxes and/or other levies that may arise from their transactions.

Before starting to trade, clients should obtain detailed information about all commissions and other fees they are required to bear. If any fee is not expressed in monetary terms (e.g., expressed as a trading spread), clients should request a written explanation, including appropriate examples, to determine what these fees may mean in specific monetary terms.

The Company will not provide clients with investment advice or any form of investment recommendation related to investments or potential investment transactions.

After the release of major macroeconomic data, economic or political news on weekends, at the beginning of the week, or during trading sessions, situations, volatility, and/or conditions may arise that cause the currency market to open at a price level significantly different from the previous price. Under such circumstances, there is a significant risk that orders intended to protect existing positions and open new positions may be executed at a price significantly different from the specified price.

In accordance with current regulations, the Company may be required to hold clients' funds in accounts segregated from other clients' funds and the Company's own funds, but this may not provide complete protection.

The Company may transfer clients' funds to a third party (such as a bank) for holding or control, for the purpose of conducting transactions through or with that person, or to fulfill the client's obligation to provide collateral (e.g., initial margin requirements). The Company shall not be liable for the acts or omissions of any third party to whom clients' funds are transferred.

A third party to whom the Company transfers funds may hold the funds in a commingled account, and may not be able to separate them from the funds of other clients or the third party's own funds. If that third party becomes insolvent or any other similar proceeding occurs, the Company may only make an unsecured claim against that third party on behalf of the client, and the client will face the risk that the funds received by the Company from the third party will be insufficient to satisfy the client's claim against the relevant account. The Company shall not bear any liability or obligation for any losses arising therefrom.

The Company or the banks or brokers with which the Company trades may have interests that are contrary to those of the client.

The insolvency of the Company or the banks or brokers used by the Company to execute transactions may result in the client's positions being liquidated against their will.