Predict price movements and get profit on ups and downs
This notification of the risks that may occur while conducting investment activities, aims to warn the Clients about the risks that may arise when using the Website. All terms in this notification are the same as defined in the Terms and conditions. All Clients and potential Clients are required to read the following notification of the risks stated in this document, before opening an Account and before opening Trades. However, the Company considers it necessary to note that this document does not contain or disclose all the risks associated with trading binary options. This warning is informative and is aimed to explain forthright terms the nature of the risks associated with binary options trading.
Binary options trading is a highly speculative and a very risky investment and is only suitable for the investors who:
understand and are willing to assume the economic, legal and other risks;
take into account their personal financial circumstances, financial resources and life obligations, being able to afford the risk of losing the invested amounts;
have the appropriate knowledge to realize what binary options trading is.
The Company did not provide the Client with any recommendations or tips regarding binary options, and does not provide investment pieces of advice of any kind. The Client shall make a decision about trading strategies and specific actions, based either on their own understanding of the market or on the consultations received from independent and not affiliated with the Company financial advisors.
Binary option is a derivative, the price of it is based on a value of the underlying assets/markets to which they are pegged (for instance: currency, stock indices, stocks, metals, futures, etc.). In this regard it is vital for the Client to understand the risks hereto related with trading of the corresponding underlying asset/market.
Some of these risks are:
Volatility—price movement of the underlying asset/market could be unstable and unpredictable. This fact has immediate impact on the financial results of the Client. Understanding market volatility allows the Client to analyze potential profits and to develop suitable trading strategy.
Market fluctuations - a sudden change in the price of the underlying asset from one level to another. Various factors can lead to sharp changes (for instance, economic events or market announcements). Occurrence of such factors is possible either at the open market or sheltered one. When these factors occur on a sheltered market, the price of the underlying asset at the opening of the market after the revealing of such factor may significantly differ from the price of the underlying asset when the market is closing. In such case there could be the possibility when you can’t close an open position at the best price. Such situation can lead to big losses as well as to a significant profit.
Liquidity: the value of binary options can depend on several factors, among others but not limited to, changes in supply and demand, governmental, agricultural, commercial and trade programs and strategies, national and international political and economic events and on the dominating psychological attitude of mind on the corresponding market. Market conditions can alter considerably over a very short time interval, and therefore, under certain market conditions, it may be impossible for the Client to gain the projected profit.
3. Expenses and taxes
The Company does not guarantee that operations of the Client regarding binary options buying and selling are not the subject to taxation or will not become it in the future. The Client is solely responsible for payment of any taxes and/or any other commissions that may be charged in respect of his/her transactions.
The Client is aware that the prices in respect of binary options are set for a specific site and may vary from the prices published elsewhere. The trading prices of the Company are the prices at which the Company provides an opportunity to buy or sell binary options on a particular site at a definite time period. Per se, they may not correspond to the prices in a real time on the market at the moment when the Client buys or sells binary options.
4. Third party risks
The company shall bear no responsibility for any action or inaction of any third party through which will be transferred the money either aimed by the Client for replenishment of the current account on the Website or during withdrawal from the Website.
5. Technical risks
The company shall not be liable for financial losses caused by a failure, malfunction, interruption, disabling, or malicious acts of third parties in respect of communication networks, power lines, electronic or other systems.
If the Client operates a network on electronic communications, they will be subjected to risks associated with the networks, including the failure of hardware, software, servers, communication lines and failure of the Internet. The result of any such failure may be that their order may be executed not according to his instructions. The Company shall bear no responsibility in the event of such failure.
The Company shall bear no responsibility for unauthorized third-party access to information, including e-mails, electronic communications and personal data, access to data, which occur during data transferring between the Company or any other party, using the Internet or other communication networks, phone or any other electronic means. The Client admits that the information openly sent by e-mail is not protected against unauthorized access by third parties.
The Client realizes that the Internet may be the subject to events that may affect their access to the Company's Website, including but not limited to interruptions or disconnection, software and hardware failures, the Internet disconnection, power failure or hacker attacks. The Company is not responsible for any damages or losses resulting from such type of events, which are beyond its control or for any other damages, expenses, liabilities (including, but not limited to, losses of profits), which may arise as a result of the Client's inability to gain access to the Company's Website, or delay or failure in sending orders.
The Client is warned that while trading on the electronic platform they assume the risk of financial losses that may result from, among other things:
Failure of the devices, the Client’s software breakdown and a low quality of a communication line used by the Client;
Failure of the devices, the Company’s software breakdown. In connection with the use of computers and data and voice networks, the Client has the following risks, among other risks, when the Company has no liability for damages caused by:
The Client’s hardware malfunction - power cut and/or equipment shutdown on the Client's side or on the side of Client's service provider (including voice communication);
Physical damage (or destruction) of communication channels used for connection between the Client's provider and a supplier (communications provider) and the Client's server;
Shutdown of channeling (with unacceptably low quality) used by the Client, or the channels used by the supplier or service provider (including voice communication) which are used by the Client;
Using of communication channels, hardware and software, which create the risk of late messages receiving (including text messages) by the Client from the Company;
Connection switching off through the channels (with unacceptably low quality) used by the Company, in particular physical damage (destruction) of communication channels by third parties.
6. Advisory service and recommendations
The Company will not give the Clients any recommendations regarding transaction profitability or provide investment advisory service in any form, apart from providing information about the current state of the financial market. The Client acknowledges that all the services do not include consultations on binary options investments. The Client will make transactions at their own risk and make appropriate decisions based on their own judgment. By sending instructions to the Company to perform a transaction, the Client admits that they are solely responsible for their own independent assessment and analysis of the risks of the particular transaction. The Client acknowledges that they have sufficient knowledge of the market, have received, if necessary, professional consultations and have the appropriate experience to make their own assessment of merits and risks of any transaction.
The Company will not provide the Client with any legal, fiscal or other pieces of advice in relation to any transaction. They Client should seek for an independent recommendations in case they have any doubts as to whether they can take upon any tax obligations.
The Company may, from time to time and at its own discretion, provide the Client with information, recommendations, news, comments or other market information for their reference. In case this happens:
The Company shall bear no responsibility for such information;
The Company does not guarantee as for the accuracy, correctness and completeness of such information;
This information is provided solely for the Client to make their own investment decisions and cannot be treated as investment advice;
If the document has restriction in respect of a person or category of persons for whom this document is intended or is applied, the Client agrees that they will not pass this information to such persons or category of persons;
The Company does not guarantee that the Client will be informed prior to the time when such information will no longer be relevant. The Client shall make decision on their own regarding the usage of the received information while making decisions.
Information posted by the Company may be altered or deleted without prior notice to the Client at any time.
7. No profit guarantee
Company does not guarantee any profit or any loss while trading binary options. The Client will not receive any of such guarantees in the future from the Company or any of its representatives. The Client is aware of integral risks of binary options trading and can financially bear such risks and withstand any losses occurred.
Predict price movements and get profit on ups and downs