EFFECT OF "LEVERAGE"
When executing trading operations under Margin Trading conditions, even small market movements may have great impact on a Client’s trading account due to the effect of leverage. The Client must consider that if the trend on the market is against them, the Client may sustain a total loss of their initial margin and any additional funds deposited to maintain open positions. The Client shall hold full responsibility for all risks, financial resources used and the chosen trading strategy.
We highly recommend maintaining a Margin Level no lower than 1,000%, as well as placing Stop Loss orders to limit potential losses.
HIGHLY VOLATILE INSTRUMENTS
Many instruments are traded within wide ranges of intraday price movements so the Client must carefully consider the fact that there is not only high probability of profit, but also of loss.
The Client shall admit that the time of processing Client’s instructions may increase on the market with off-normal conditions.
The Client shall assume the risk of financial loss caused by the failure of information, communication, electronic and other systems.
When executing trading operations through the Client terminal, the Client shall assume the risk of financial loss, which can be caused by:
failure of Client hardware, software and internet connection;
improper operation of Client equipment;
wrong settings in the Client terminal;
delayed Client terminal updates;
Client’s ignorance of the applicable rules described in the Client Terminal User Guide and in the Help section. The Client acknowledges that at the moment of peak load there may be some difficulties in getting telephone communication with the duty operator, especially on the fast market (for example, when key economic indicators are released).
The Client shall assume the risk of any financial loss caused by the Client either not receiving a notification from Starwealth Qilin (hereinafter referred to as “Company”).
The Client shall acknowledge that unencrypted information transmitted by email is not protected from unauthorized access.
The Client shall agree that the Company have the right to delete messages sent to the Client through internal mail 3 (three) days after they have been sent, despite the fact that the Client may not have received them yet.
The Client shall hold full responsibility for the safekeeping of information received from the Company and assumes the risk of any financial loss caused by unauthorized access to the Client’s trading account by a third party.
STATUTORY PROHIBITIONS AND RESTRICTIONS
The Client shall assume all financial and other risks when completing operations (or actions connected with these operations) on financial markets that are statutorily prohibited or restricted by the legislation of the country in which the Client is resident.