This warning does not disclose all of the risks of trading in financial markets. The Client should undertake such transactions only if understands the nature of the contractual relationships, potential losses associated with this activity and the exposure to such risks.
The Client should carefully consider whether trading CFDs is appropriate considering the experience, objectives and other relevant circumstances.
Trading in foreign exchange (FX or Forex) and contracts for differences (CFDs) on margin, involves a high degree of risk to the Client’s capital and may not be suitable for all investors. The Client may profit or incur losses much greater than the amount of money deposited with AM Globe Services Ltd.
At least the following should be taken into consideration:
1. Effect of Leverage
(i) The Client may sustain a total loss of the initial margin funds and any additional funds deposited with AM Globe Services Ltd to maintain his position.
(ii) If the market moves against the Client’s position or if margin levels are increased, The Client may be called to pay substantial additional funds on short notice to maintain his position;
(iii) If the Client fails to comply with a request for additional funds within the prescribed time, AM Globe Services Ltd in its sole discretion may liquidate any or all of Client’s positions at a loss;
(iv) The Client shall bear full responsibility for all financial resources used and the chosen trading strategy at all times.
((v) Full entitlement to and/or ownership of a portion, or all of the money the Client deposits with AM Globe Services Ltd will be transferred to AM Globe Services Ltd to the extent that it represents an amount necessary to secure open positions or to cover actual or future contingent or prospective obligations. Such that The Client will not have a proprietary claim over that portion or any of the money deposited, and AM Globe Services Ltd can deal with it on its own right.
2. Price Risk
(i) Whether the Client makes a profit, or a loss will depend on the fluctuations in currencies, commodities or other underlying factors which may be outside AM Globe Services Ltd’s control.
(ii) Many instruments are traded within wide ranges of intraday price movements, so the Client must consider the possibility of high profit but also of loss.
(iii) Internet trading has associated risks, including but not limited to: the failure of Internet connection, hardware and/or software improper operation of equipment/systems delayed updates in terminal and/or wrong settings
(iv) AM Globe Services Ltd does not control the speed at which signals are sent between Client’s computer and its servers; therefore, AM Globe Services Ltd cannot be responsible for communication failures, delays or alterations when trading via the Internet. The Client is responsible to check that the device used meets the requirements of any software used, as AM Globe Services Ltd cannot be held responsible for this.
(v) It is Client’s responsibility to ensure that access to the trading platform including username and password is kept safe and the Client acknowledges that it is reasonable for AM Globe Services Ltd to accept an order in the event these are entered correctly.
(vi) The result of any system failure may be that a Client’s order is not executed according to instructions or it may not be executed at all.
(vii) The Client assumes the risk of any financial loss caused by not receiving a notification from AM Globe Services Ltd and/or any information transmitted by email is not protected from unauthorized access
3. Market Conditions
(i) The placing of certain orders may not be effective because market conditions may make it impossible to execute such orders.
(ii) Market conditions (e.g. liquidity) and the operating rules of certain markets may increase the risk of loss by making it difficult to effect transactions.
(iii)The Client acknowledges that under abnormal market conditions and/or at the moment of peak load, the time for execution of received instructions may increase.
4. Legal restrictions
(i) The Client assumes financial risks caused when conducting operations on financial markets that are prohibited by the laws of the country where the Client resides.
5. Force Majeure
(i) The Client assumes any financial loss arising from or attributable to acts, events, omissions or accidents beyond AM Globe Services Ltd reasonable control (Force Majeure Event). Notwithstanding anything stated in this warning, the Client must read carefully the applicable terms and conditions as well as any other document issued by AM Globe Services Ltd in connection with the provision of services.
These documents contain important information concerning AM Globe Services Ltd and Client’s rights and obligations in relation to the services provided.
By signing the Application Form, the Client acknowledges and confirms that the terms and conditions on which will enter into are clear and that understands and accepts the terms governing the relationship and any other documents supplied to the Client or otherwise made available by AM Globe Services Ltd on its Website.
The Client should not enter into a contractual relationship if he is not sure as to the effect of this policy or the nature of the risks involved.
Once the Client fills out, signs and submits the Application Form to AM Globe Services Ltd, acknowledges that has read the documents supplied directly or otherwise made available by AM Globe Services Ltd and that understands and agrees that the relationship will be governed by the terms and conditions set out in the provided documentation.