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General Risks Disclosure Statement.
Expert Advisor
By consenting to use
the Expert Advisor automated trading system to place orders and
execute trades in Foreign Exchange ("Forex") for the Client’s
account and risk, the Client acknowledges and understands that GFX
Group SA is acting as an “execution-only” service provider. The
Client is hereby made aware that automated trading systems such as
Expert Advisor have been developed by independent companies that are
in no way affiliated with GFX Group SA. GFX Group SA conducts no
investigation or review of any of such automated trading systems,
and thus, cannot recommend, endorse, approve or disapprove any of
them.
The possibility to
use the Expert Advisor automated trading system is offered to the
Client with the understanding that GFX Group SA is not engaged in
rendering any investment, trading or other professional advice. No
employee, agent or representative of GFX SA’s is authorized to
provide any such advice of any nature whatsoever, and if any such
advice is given, is in violation of GFX’s policies and may not be
relied upon. The Client must use its own judgment or consult a
professional for advice on such matters.
The use of the
Expert Advisor trading system or strategy does not and cannot
guarantee that the Client will make profits increase or minimize
losses. GFX Group SA does not make any representations as to the
track record or future performance of any Expert Advisor.
Additionally, trading results based upon hypothetical or
historically-tested trading strategies or systems do not necessarily
compare to results of actual trading. No hypothetical or historical
trading record can account for the level of risk present in actual
trading.
Because the risk
factor is high in Forex, only genuine "risk" funds should be used in
such trading. If the Client does not have the extra capital that the
Client can afford to lose, the Client should not trade Forex. No "safe"
trading system has ever been devised, and no one can guarantee
profits, freedom from loss or the extent of losses.
Consequently, even though the Client's account is being traded by an
Expert Advisor, the Client should be diligent to closely scrutinize
the account performance and transactions. The Client should have
access to account statements showing each transaction and current
account balance, carefully review these statements and contact GFX
Group SA immediately with any questions if need be.
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