BR Stone Limited, company number 2020-00035, registered Rodney Bayside Building, Rodney Bay, Gros-Islet, St. Lucia (“NAME”; “we”; “us”; “our”), warns you that trading in financial markets is an activity that has a high level of risk. This notice includes the widest - spread risks, although the list is not exhaustive.
CFD stands for “Contract For Difference”, meaning you are not buying the underlying asset, but rather purchasing a contract to settle the difference in the initial and ending price of the asset. When trading CFDs, you generally trade on margin, which means you only have to deposit a small percentage of the overall value of your position. This is known as “Leverage”, and even small market movements may have great impact, negative or positive on your trading account.
If the market moves against you, you may sustain a total loss greater than the funds invested in a specific position. You are responsible for all losses on your account up to the equity in your account.
CFDs are not suited to the long term investor. If you hold a CFD open over a long period of time the associated costs such as overnight fees increase, and it may be more beneficial to buy the underlying asset instead.
- MARGINAL TRADE RISK
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.
- HIGHLY VOLATILE INSTRUMENTS
Some Financial Instruments trade within wide intraday ranges with volatile price movements. Therefore, the Client must carefully consider that there is a high risk of losses. The price of a Financial Instrument is derived from the price of the Underlying Asset in which the Financial Instruments refers to. Financial Instruments and related Underlying Markets can be highly volatile. The prices of Financial Instruments and the Underlying Asset may fluctuate rapidly and over wide ranges and may reflect unforeseeable events or changes in conditions, none of which can be controlled by the Client or the Company. Under certain market conditions it may be impossible for a Client Order to be executed at declared prices leading to losses. The prices of Financial Instruments and the Underlying Assets will be influenced by, amongst other things, changing supply and demand relationships, governmental, agricultural, commercial and trade programs and policies, national and international political and economic events and the prevailing psychological characteristics of the relevant market place.
- TECHNICAL RISK
The Client accepts the risk caused by software or telecommunications facilities failures as well as by other technical problems.
The Company is not responsible for Client’s losses sustained due to nonobservance of instructions included in the MetaTrader client terminal user guide.
When executing trading operations through the client terminal, the Client shall assume the risk of financial loss, which can be caused by:
the failure of Client hardware, software and internet connection;
the improper operation of Client equipment;
the wrong settings in the client terminal;
delayed client terminal updates;
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).
- ABNORMAL MARKET CONDITIONS
The Client shall acknowledge that under abnormal market conditions, the execution time for Client instructions may increase.
The Client shall assume the risk of any financial loss caused by the Client either not receiving a notification from the Company.
The Client shall acknowledge that unencrypted information transmitted by email is not protected from unauthorized access.
The Client shall agree that the Company has 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.
- FORCE MAJEURE
The Client shall assume all risks of financial loss caused by a force majeure.
- 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.