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RISK WARNING!
Your capital is at risk. Our products may not be suitable for everyone.
Risk Disclosure Statement for Trading Using 521Forex PTY LTD Software
Last Updated: [08/10/2024]
Trading in forex and other financial markets involves significant risk and is not suitable for all investors. By using the software / Products that are provided by 521Forex PTY LTD ( “we,” “us,” or “our”), you acknowledge and accept the following risks:
# 1. Market Risk
– The forex market is highly volatile, and prices can fluctuate rapidly. Losses can occur quickly, and you may lose more than your initial investment.
# 2. Leverage Risk
– Forex trading often involves the use of leverage, which can amplify both gains and losses. While leverage can enhance your potential profits, it also increases your risk of significant losses.
# 3. Emotional and Psychological Risk
– Trading can be emotionally challenging and may lead to irrational decision-making. Fear and greed can affect your trading performance, resulting in losses.
# 4. Lack of Regulation
– The forex market is less regulated than other financial markets, which may expose you to additional risks, including fraud and market manipulation.
# 5. Technical Risk
– The use of software for trading involves technical risks, including the potential for software malfunctions, internet connectivity issues, and other technical failures that can affect your trading.
# 6. Past Performance
– Past performance of the software or any trading strategy is not indicative of future results. There are no guarantees of profit, and you may incur losses.
# 7. Personal Financial Situation
– You should carefully consider your financial situation, investment objectives, and risk tolerance before trading. Only trade with money you can afford to lose.
# 8. Independent Advice
– We recommend that you seek independent financial advice from a qualified professional before engaging in forex trading or using our software.
By using our software, you confirm that you have read, understood, and accepted this risk disclosure statement. You acknowledge that you are responsible for your trading decisions and that 521Forex PTY LTD shall not be liable for any losses incurred as a result of your trading activities.
If you have any questions regarding this risk disclosure, please contact us at:
521Forex PTY LTD
96 Trinity Street, Cape Town
support@521forex.co.za
+27 (82) 041-1705
