Risk Disclaimer & License Agreement

 

Trading foreign exchange, indices and commodities, on margin, carries a high level of risk and may not be suitable for all individuals. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange or other markets you should carefully consider your investment objectives, level of experience and risk appetite.

 

The possibility exists that you could sustain a loss of some, or all, of your initial investment. Therefore you should not invest money that you cannot afford to lose. In some cases, it is possible to lose more than your initial investment as it is not always possible to exit a market at the price you intend upon doing so. There are also risks associated with utilising an Internet-based trade execution software application including, but not limited to  the failure of hardware and software. You should be aware of all the risks associated with investing in foreign exchange, indices and commodities and seek advice from an independent financial advisor if you have any doubts.

 

Before you get started with trading in the foreign exchange market with Metagrid EA, and indeed, any other Expert Advisor, you should consider your investment goals, objectives, trading experience and your personal risk preferences. You should be also aware of the existing possibility that you could lose some or, in the worst case, all of your initial investment. For this reason, currency trading should only be undertaken with risk capital. The definition of risk capital is the funds that are not necessary to the survival or well being of the user. Make yourself aware of all possibly risks associated with trading currencies on margin. If you have any doubts or concerns you should seek advice form an independent financial advisor.

 

By using our Expert Advisor you agree to hold Metagrid and Forexpipmanager Team and everybody who is involved in the production, development, distribution of Metagrid Expert Advisor free of any responsibility. Any live trading you do, you are doing at your own discretion and risk!

 

CFTC RULE 4.41: HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. CURRENCY TRADING INVOLVES HIGH RISK AND YOU CAN LOSE A LOT OF MONEY.