forexgen Risk Warning & Disclaimer
26 December, 2007

Risk Warning

According to the International Trade Commission foreign exchange trading is a highly risked prospect which is not appropriate for all investors as any currencies transaction is exposed to a risk. Forex Trading is a risked opportunity where returns exceed the average only with those investors with the experience and the required knowledge.


Online trading in Forex market should be proceeded by principal factors that must be considered carefully such as the objectives and scope of investment, adequate level of experience, and psychological self control. A loss should always be affordable before deciding to make a trade.

The turbulent and volatile nature of the Forex market proportionally affects the deposited funds which might affect it positively or negatively. The possibility that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position.

Failure to watch margin calls within the time frame, will result in liquidation of the positions and trader will be responsible for the loss occurred by this liquidation.

Trading without a well built strategy and money management policy is a highly risked practice.

The main reason that most traders lose their capital is that $the traders are not able to understand the real nature of the market in which they are operating.

As stated by the Australian Trade Commission trading in the Forex market usually requires a tremendous level of understanding and self discipline to achieve success and profitability. It also requires the consistent application of well tested trading strategies and rules, with solid commitment. A trader should always comply with the rules and legalization made by the local authorities.

Internet Trading Risks (Warning Risk)

There are involved risks with employing an online foreign exchange transaction using trading systems. While, that doesn't mean it's limited with the failure of hardware, software, and Internet connection. ForexGen employs back-up systems and emergency situation plans to reduce the risk of system failure.


ForexGen is free from responsibilities for any connection failures or delays in case of online trading. The trader has to accept that online trading as of his sole risk, the trader have to admit his full responsibility and risk of loss resulting from employing the materials obtained through the online service, ForexGen wont guarantee the results that maybe obtained from the online service or as to the appropriateness, sequence, accurateness, professionalism, consistency of any modulation, service or transaction provided through the online service.


Making orders at the online services is an agreement order may not be evaluated by a registered representative preceding the execution.

 

 

Disclaimer

 

The accuracy or completeness of the services supplied connected with this agreement or any information included within will not be warranted or guaranteed by ForexGen.Any person or entity that obtains results from the use of information or software included in the services provided will have no warranties, expressed or implied from ForexGen, neither will ForexGen make warranties of fitness for a particular purpose or use. ForexGen and its partners will not be held responsible for any direct, indirect, incidental, special or consequential damages done to subscribers or any third parties. These damages include without limitation ForexGen's neglecting or either these damages were foreseen or unforeseen.

 

ForexGen will never have any responsibility regarding the delays or interruptions caused by uncontrolled circumstances. The performance of the Internet delivered services are usually affected by the following factors:

 

  • Registered client's physical location.

  • Registered client's systems configuration (browser, processor, operating system  and hardware).

  • Registered client's Internet connection and communication hardware (ISP, network card, modem, gateway).

  • Data traffic conditions on the internet.

 

The Registered client must know and agree that ForexGen will not be responsible for subscribers that have technical difficulties in accessing the service due to having problems the internet, which is not controlled by ForexGen. Any data provided through the service is a property of ForexGen and it may not be copied or redistributed without the legal approval of a ForexGen representative. However, the registered users will be allowed to gain a certain amount of data and information to help them analyze, interrogate, manipulate and prepare reports to aid them with their business. Registered user MUST mention in such materials that ForexGen was the source of this data and provide ForexGen with a copy of these materials.

 

ForexGen is regulated by the by the Delaware State Commercial Authorities, the Swiss Federal Department of Finance FDF, the Norwegian commercial and financial authorities Brønnøysund and the EU commission. ForexGen has categorized Subscriber as a market counterpart in respect to all its dealings with Subscriber. Under this categorization, Subscriber loses the benefit of the protection due to customers.

 

ForexGen provides forex traders with back-up systems and emergency situation plans to reduce the forex risk, and any communication risk warning although ForexGen is free from responsibilities for them. ForexGen also decreases the forex trading risk rate and preserve the capital by providing tools to compensate the experience and knowledge of forex traders

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26 December, 2007
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