Forex and CFD products are traded on margin and carry a high degree of risk to your capital. It is possible to incur losses that exceed your initial investment. You should ensure you fullyunderstand the risks involved and seek independent advice if necessary.
Any opinions provided by Sôegee Futures (including its website and representatives) is general in nature and does not take into account your financial circumstances. Before making an investment decision based on the above, you need to consider whether the advice is appropriate for your own personal financial circumstances. This might mean that you seek personal advice from a representative authorised to provide personal advice.
Internet Trading Risks
You shall be responsible for providing and maintaining the means by which to access the electronic trading platform, which may include without limitation a mobile / personal computer, modem and telephone or other access line. While the internet and the World Wide Web are generally reliable, technical problems or other conditions may delay or prevent access thereto. If you are unable to access the internet and thus, the Sôegee Futures website / electronic trading platform, it will mean you may be unable to make a new trade or close a trade from the electronic trading platform when desired and you may suffer a loss as a result. We cannot be responsible for communication failures, distortions or delays when trading via the internet.
Best Efforts Basis
Sôegee Futures strives to ensure the best user experience on its website / electronic trading platform; however, there might be occasional instances of service (or part thereof) downtime due to technical issues, preventing full functionality of the service to its users. This may result in you being unable to make a new trade or close a trade from the electronic trading platform when desired and you may suffer a loss as a result. You agree that in no event should you hold Sôegee Futures liable for such incidents or resulting potential or realized monetary loss.
A high degree of leverage is obtainable in trading margin FX contracts because of the small margin requirements which can work against you as well as for you. The use of leverage can lead to large losses as well as large gains. The impact of leverage is that even a slight fluctuation in the market could mean substantial gains when these fluctuations are in your favour, but that could also mean considerable losses if the fluctuations are to your detriment.
Foreign exchange currency markets are subject to many influences which may result in rapid currency fluctuations and reflect unforeseen events or changes in conditions with the inevitable consequence being market volatility. Given the potential levels of volatility in the foreign exchange markets, it is therefore recommended that you closely monitor your positions with your broker at all times. Foreign exchange currency markets are highly volatile and are very difficult to predict. Due to such volatility, in addition to the spread that Liquidity Provider adds to all calculations and quotes, no such margin FX contract offered by your broker, or any other financial services provider, may be considered as a safe trade.
All Derivatives involve risk and there is no trading strategy that can eliminate it. You could lose all of the Initial Margin that you deposit to establish or maintain a margin FX position.
In cases where you are speculating, we suggest that you do not risk more capital than you can afford to lose. A good general rule is never to speculate with money which, if lost, would alter your standard of living.