Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the Client based on information received or a market analysis is expressly excluded by Company.

In view of the high risks, you should only carry out such transactions if you understand the nature of the contracts (and contractual relationships) you are entering into and if you are able to fully assess the extent of your risk potential. Trading with futures, options, forex, CFDs, stocks, and similar financial instruments is not suitable for many people. You should carefully consider whether trading is appropriate for you based on your experience, your objectives, your financial situation and other relevant circumstances. Past performance gives no indication of future results.

The following are the few risks involved with Trading:

1. RISKS ASSOCIATED WITH ELECTRONIC TRADING

Online trading has inherent risks due to system responses/reaction times and access times that may vary due to market conditions, system performance and other factors, and on which you have no influence. You should be aware of these additional risks in electronic trading before you carry out investment transactions.

2. RISKS ASSOCIATED WITH THE STOCK MARKET

a. The Company assumes no liability for loss or damage, including, but not limited to, lost profits that may result directly or indirectly from the use or reliance on Company’s opinions, news, investigations, analyses, prices or other information offered by the Company.

b. All the investment forms described here involve large financial risk. The past performance of a security, an industry, a sector, a market, a financial product, a trading strategy or the individual trade does not guarantee any future results or returns. As an investor, you yourself bear the full responsibility for your individual investment decisions. Such decisions should be based on an assessment of your financial situation, your investment objectives, your risk tolerance and your liquidity needs and should be discussed in advance with your personal financial advisor in case of doubt.

3. RISKS ASSOCIATED WITH FUTURES TRADING

Futures transactions involve high risk. The amount of the initial margin is low compared to the value of the futures contract, so that transactions are “leveraged” or “geared”. A relatively small market movement has a proportionately larger impact on the funds that you have deposited or have to pay: this can work both for you and against you. You may experience the total loss of the initial margin funds as well as any additional funds deposited in the system. If the market develops in a way that is contrary to your position or if margins are increased, you may be asked to pay significant additional funds at short notice to maintain your position. In this case it may also happen that your broker account is in the red and you thus have to make payments beyond the initial investment.

4. RISKS ASSOCIATED WITH FOREX TRADING

a. Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Before you decide to invest in foreign exchange, you should carefully assess your investment objectives, experience, financial possibilities and willingness to take risks. There is a possibility that you will lose your initial investment partially or completely. Therefore, you should not invest any funds that you cannot afford to completely lose in a worst-case scenario. You should also be aware of all the risks associated with foreign exchange trading and contact an independent financial advisor in case of doubt.

b. Leverage enables traders, using a relatively small amount of money, to take a position that is many times the initial investment. This leverage effect can work both in your favour and to your detriment. The Forex market opens up the possibility to utilize this leverage effect to a high degree; at the same time, however, it also opens up the risk of experiencing high losses. Please trade with caution when you use leverage in trading or investing. Your risk is particularly not limited to the initial investment, but can quickly fall into a negative range in the event of strong movements, meaning you may be obligated to pay far more than your initial wager.

5. RISKS ASSOCIATED WITH OPTIONS TRADING

a. Trading in options involves considerable risk and is not a suitable form of investment for all investors. The risk in options trading that you will lose your entire investment within a relatively short period of time is comparatively high. It is possible that the loss and the resulting payment obligation will be higher than the funds invested through your securities account. Before you decide to invest in the options market, you should carefully consider your investment objectives, experience, financial resources and willingness to take risks. There is a possibility that you will experience a significant loss that can quickly exceed your initial investment. In this case, as well, past performance gives no indication of future results.

b. In view of the above, there can thus be no guarantee or promise given for the success or profitability of investments made. By using this website, you expressly acknowledge and agree that we cannot be held liable for any and all damage resulting from investments made.

c. It is pertinent to point out that trading in stocks, currencies, CFDs (Contracts for Difference), Forex, spread betting, futures and, etc. (“Trading”) involves a significant risk of loss and is not suitable for all investors; in particular, past developments do not necessarily indicate future results. Please note that the risk of loss in trading can be substantial. You should therefore find out the details of your financial situation and, if necessary, consult professional help to assess whether your personal and financial situation allows trading and whether you are in a position to take the high risk of loss. If a broker, a commercial adviser or you yourself create contingent orders, such as a “stop loss” or “stop limit” order, such will not necessarily limit your losses to the intended amounts; market conditions may make such limits impossible.