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Risk Disclosure Statement

Foreign Exchange Trading is highly speculative and is only suitable for clients who understand and are willing to assume the economic, legal and other risks involved, and are financially able to assume losses up to or in excess of Margin or Deposits. The client hereby certifies that the client understands these risks and that the client is willing and able financially and otherwise to assume the risks of Foreign Exchange Trading and that loss of the client's entire Trading Account Balance will not result in a negative change to the client's life-style. Opening an Trading Account in order to speculate or assume risk of any sort on Foreign Exchange and other products through the Over‐the‐Counter 'OTC' market provided by 'Odin Capital Markets Limited' on a 'Spot' basis means assumptions of the following risks:


1. LEVERAGE.

Quotes and Margins are set Odin Forexand may differ from other firms. set Odin Forex will exercise discretion in setting and collecting Margin. set Odin Forex is authorized to convert funds in the client's Trading Account for Margin into and from such foreign currency at a rate of exchange determined by set Odin Forex in its sole discretion on the basis of then‐prevailing money market rates. The client must maintain the minimum Margin Level requirement on client's Open Positions at all times. The client assumes the responsibility to monitor the client's Required Margin. set Odin Forex has the right to liquidate any or all Open Positions whenever the minimum Margin requirement is not maintained. To avoid a Margin Call it is highly recommended to maintain a Margin Level of 1000% or greater.


2. QUOTES AND MARGIN.

Quotes and Margins are set Odin Forexand may differ from other firms. set Odin Forex will exercise discretion in setting and collecting Margin. set Odin Forex is authorized to convert funds in the client's Trading Account for Margin into and from such foreign currency at a rate of exchange determined by set Odin Forex in its sole discretion on the basis of then‐prevailing money market rates. The client must maintain the minimum Margin Level requirement on client's Open Positions at all times. The client assumes the responsibility to monitor the client's Required Margin. set Odin Forex has the right to liquidate any or all Open Positions whenever the minimum Margin requirement is not maintained. To avoid a Margin Call it is highly recommended to maintain a Margin Level of 1000% or greater.


3. RISK REDUCTION.

Stop Loss Orders or Stop Limit Orders, which are intended to limit losses may reduce the losses incurred by price fluctuations, however such orders may not be able to execute under certain abnormal market conditions.


4. PRODUCT RISKS.

The profit and loss in any given Transaction may be affected by a currency rate that is used to convert to the Accounts base currency. Accounts shall be opened in the following currencies: USD.


5. TECHNICAL.

The client is responsible for any technical issues sustained on the client's side. These issues include but are not limited to:

a. Failure of client's hardware, software or internet connection;

b. Improper operation of client equipment

c. Improper settings on the client's Terminal


6. TRANSMISSION.

The client acknowledged that once a Transmission is made from the Client Terminal and enters the execution queue and begins being processed it cannot be cancelled. Any other instruction pertaining to the Transmission will be ignored until the Transmission is completed. The client should always verify thoroughly that the details of Volume, Product and Price Level prior to submitting any Transaction. All Transactions are performed on a First-In-First-Out basis.


7. TRADING AGENTS.

In the event that the client grants trading authority to a third party, the 'Trading Agent', whether on a discretionary or non‐discretionary basis, set Odin Forexshall in no way be responsible for reviewing the client such a party and any disputes that may arise will be resolved between client and Trading Agent. In case of an unnamed Trading Agent on the client's Account, set Odin Forexis not liable for rejecting any instruction from a non-authorized party on the client's Trading Account.


8. PHONE COMMUNICATION.

The client understands that any error that is made by an set Odin Forex employee that results in any position opened at an 'untraded' price cannot be honored and will subsequently be deleted.


9. HUMAN ERRORS.

The client understands that any error that is made by an set Odin Forexemployee that results in any position opened at an 'untraded' price cannot be honored and will subsequently be deleted.


10. BANKRUPTCY.

In case of Bankruptcy creditors retain priority. All transactions entered into with set Odin Forexby the client are not traded on an exchange. Therefore under the regulating code of law, the client's funds may not receive the same protections as funds used to guarantee exchange-traded futures or options contracts. If the company becomes insolvent, the client's claim for deposits and profits may not receive priority. The client is a general creditor and will be paid as such from any monies still available after priority claims are paid.


11. FORCE MAJEURE.

In case of Force Majeure the client shall accept the risk of financial losses