This notice (“Risk Disclosure Notice”) is provided to you by Freevestor LLC.
Freevestor LLC (“Freevestor”) is a Wyoming Limited Liability Company.
In this notice, we provide you with information to help you understand the nature and risks of our products and services. However this Risk Disclosure Notice does not disclose all the risks and other significant aspects of CFD, Rolling Spot Forex and Option trading. You should not engage in our products unless you understand the nature of Over The Counter (OTC) Derivative trading, how it works, how you make a profit or a loss and the extent of your exposure to risk and loss. If you are in any doubt you should seek professional advice. Please be advised that trading signals (“signals”) may be not suitable or appropriate for some clients and could result in the loss of an entire trading account. Freevestor is also not responsible for the tax repercussions resulting from profits made by clients, please seek counsel from a tax professional in your jurisdiction.
Our partner brokerage(s) are obliged under the Conduct of Business rules (COBS) to assess whether CFD, Rolling Spot Forex and Option trading is appropriate for you. To do this they will rely on you to provide accurate information when requested. If they consider from the information provided that Options, CFD trading and/or Rolling Spot Forex trading is not appropriate for you, they will contact you communicating this determination.
When trading OTC derivatives, your losses can be unlimited and no deposit or other amount paid, such as margin, will limit those losses. If you choose to enter into a trading relationship with us, it is important that you remain aware of the risks, that you have adequate financial resources to cover such risks and that you monitor positions carefully.
Your trades with our partner(s) will be subject to their terms and conditions. It is in your own best interests to read and understand them before you engage in CFD, Rolling Spot Forex or Option trading. The “leverage” available (funds required to open a position compared to the size of trade you can place) means that a small deposit (Initial Margin) can lead to a large loss as well as gains. It also means that a relatively small movement can lead to a proportionately much larger loss or profit.
CFD, Rolling Spot Forex and Option trades are subject to payment of Variation Margin. If market with which your trade is placed moves against you, you may be required to pay additional Variation Margin at short notice to maintain your position. If you fail to do this, your Open positions may be closed and you will be responsible for the losses.
Losses can be unlimited, leading to all deposits, such as Initial Margin or Variation Margin being lost. You are required to pay all losses you sustain as well as all other amounts payable.
Live Trading Results and Past Performances
Past performance does not indicate future results and Signals are not all-encompassing trading strategies. You are responsible for understanding what the particular Signal does and determining whether the Signal is appropriate for the level of risk you wish to take and the approach that is most appropriate given the market conditions.
Freevestor will use past performance of indices and funds to create portfolios for clientele. The goals, expected return and risk level can change as market conditions and signal provider conditions change.
Signal Trading (Copy Trading by using Trading Signals)
In making a decision to use a Trading Signal, you must consider your entire financial situation including financial commitments and you understand that using Trading Signals is highly speculative and that you could sustain significant losses exceeding the amount used to copy a trader or traders. The risks associated with Trading Signals include but are not limited to, automated trading execution whereby the opening and closing of trades will happen in your account without your manual intervention.
While using Trading Signals, system errors might occur. You should be aware of the risks that may result from any system failure which could mean that your order may be delayed or fail.
In making the decision to use Trading Signals and choosing to copy trades made based on a specific strategy, you have considered your entire financial situation including financial commitments and you understand that using Signals of any kind is highly speculative and that you could sustain significant losses exceeding the amount used to copy a trader or traders. Choosing to use Freevestor’s Portfolio Advisory Service also indicates that you are using funds that you could afford to lose (discretionary income/savings).
BY ACCEPTING OR REJECTING FREEVESTOR’S FOREX PORTFOLIO ADVISORY SERVICES, YOU DO SO AT YOUR OWN RISK AND FREEVESTOR EMPLOYEES, OWNERS AND AGENTS WILL NOT BE LIABLE FOR ANY LOSSES THAT YOU MAY SUSTAIN.
YOU SHOULD NOT MAKE ANY INVESTMENT DECISION WITHOUT FIRST CONDUCTING YOUR OWN RESEARCH. YOU ARE SOLELY AND EXCLUSIVELY RESPONSIBLE FOR DETERMINING WHETHER ANY INVESTMENT, OR STRATEGY, OR ANY OTHER PRODUCT OR SERVICE IS APPROPRIATE OR SUITABLE FOR YOU BASED ON YOUR INVESTMENT OBJECTIVES AND PERSONAL AND FINANCIAL SITUATION.
FREEVESTOR DOES NOT EXECUTE TRADES ON BEHALF OF CLIENTELE. FREEVESTOR CONSULTS CLIENTS OF TRADING SIGNALS AVAILABLE AND CREATES PORTFOLIOS FOR CLIENTS TO CHOOSE TO EXECUTE UNDER THE CLIENT’S OWN VOLITION.
The positions that the Signal takes (with respect to any financial instrument) shall be copied in an amount equal to the lower of either the minimum position amount or the proportional amounts of the copied trade to the realized equity of the copied trader as the basis for the proportions of copied trades. Trades below the minimum trade amount shall not be opened. All such positions shall be modified and/or closed automatically if and when modified/closed by the copied trader, for whatsoever reason, without providing any further notice and without any action on your part. You should be able and prepared to bear the loss of the entire investment that you made by copying trades automatically through the Signal you chose. You are fully responsible for any losses that you may sustain as a result of the utilizing of any Trading Signal, including those suggested by in portfolios by Freevestor LLC.
Any projected or expected performance of portfolios should be considered as hypothetical as more fully described below. It is important to understand that risk scores, statistical information and historical performance are not a guarantee of future performance. NO REPRESENTATION OR GUARANTEE IS BEING MADE THAT ANY ACCOUNT, SUB-ACCOUNT OR PORTFOLIO OF SUB-ACCOUNTS WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN AND/OR METRICS OF A SIGNAL FUND (including Maximum Drawdown, Absolute Drawdown and Profit Factor). Freevestor does not guarantee nor is involved with any order associated with suggested Signals in Portfolios, including the placing of stop losses and take profit orders. Accordingly, regardless of the entry or closing designation, there is no guarantee that the trade will be filled at the order price/stop loss percentage and you may lose more than the original amount used when trading with Signals. By choosing to utilize Freevestor Forex Advisory Services, you acknowledge this risk and hold Freevestor and its employees and owners harmless.
PAST PERFORMANCE AND/OR PERFORMANCE/RISK METRICS SHOULD BE CONSIDERED AS HYPOTHETICAL PERFORMANCE RESULTS. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS. NO REPRESENTATION OR GUARANTEE IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THE PAST PERFORMANCE OR ASSOCIATED METRICS SHOWN. THE ACTUAL PERCENTAGE GAINS/LOSSES EXPERIENCED BY INVESTORS WILL VARY DEPENDING ON MANY FACTORS, INCLUDING BUT NOT LIMITED TO: STARTING ACCOUNT BALANCES (DEPOSITS AND WITHDRAWALS), MARKET BEHAVIOR, THE INVESTOR’S ACCOUNT SETTINGS AND THE ACTUAL PERFORMANCE OF THE SIGNALS (SUGGESTED IN PORTFOLIOS BY FREEVESTOR AND/OR CHOSEN BY THE CLIENT WITHOUT FREEVESTOR’S CONSULTATION).
ACCORDINGLY, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL/PAST PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
NO ASPECT OF THE INFORMATION PROVIDED BY FREEVESTOR AND/OR SIGNALS MADE AVAILABLE THROUGH METATRADER AND METAQUOTES SOFTWARE IS INTENDED TO PROVIDE, OR SHOULD BE CONSTRUED AS PROVIDING, ANY INVESTMENT, TAX OR OTHER FINANCIAL RELATED ADVICE OF ANY KIND. YOU SHOULD NOT CONSIDER ANY SUCH CONTENT AND/OR ANY SUCH FEATURE TO BE A SUBSTITUTE FOR PROFESSIONAL FINANCIAL AND/OR INVESTMENT ADVICE. IF YOU CHOOSE TO ENGAGE IN TRANSACTIONS BASED ON CONTENT ON THE WEBSITE AND/OR ELECT TO AND/OR TRADES, THEN SUCH DECISIONS AND TRANSACTIONS AND ANY CONSEQUENCES FLOWING THEREFROM ARE YOUR SOLE RESPONSIBILITY.
Due to leverage and the speed at which profits or losses can be incurred, it is imperative that you monitor your positions closely. It is your sole responsibility to monitor your trades and while you have open trades you should always be in a position to do so. Further factors which may affect the profitability of your trade include:
If you trade in a market other than your base currency market, currency exchange fluctuations will impact your profits and losses.
Movements in the underlying markets can be volatile and unpredictable. This will have a direct impact on your profits and losses. Awareness of the underlying markets volatility will help guide you as to where any Stops should be placed.
This is a sudden shift in the price of an underlying from one level to another. This can be due to instances such as economic events or market announcements. Gapping can occur when markets are opened or closed. If the market is closed when these factors occur, the opening price of the underlying market can be substantially different from the closing price, giving you no opportunity to close your trade in-between. ‘Gapping’ can result in a significant loss.