Sunday, January 12, 2014
Global Forex, LLC (GFX) does not control, and cannot endorse or vouch for the accuracy or completeness of any information or advice you may have received or may receive in the future from any other person not employed by GFX regarding foreign currency or exchange. The content herein is provided in good faith and believed to be up-to-date and accurate, however, there are no explicit or implicit warranties of accuracy or timeliness made by GFX or its affiliates. Accordingly, we accept no responsibility for any use made of the information provided.
Futures and options trading involve substantial risk and is not for all investors. Investment in the currency exchange is highly speculative and should only be done with risk capital. The high degree of leverage that is often obtainable in foreign exchange trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.
In some cases, managed foreign exchange accounts are subject to substantial charges for management and advisory fees, as well as a mark-up, above and beyond the ordinary spread generally provided. It may be necessary for those accounts that are subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets.
The regulations of the Commodity Futures Trading Commission (CFTC) require that prospective customers of a Futures Commission Merchant receive a disclosure document when they are solicited. These disclosures are incorporated into the Trading Agreement and the Limited Power of Attorney (LPOA), which are readily accessible at this site. This brief statement cannot disclose all of the risks and other significant aspects of the foreign exchange markets. Therefore, you should carefully review the disclosures contained in both the Trading Agreement and LPOA to determine whether such trading is appropriate for you in light of your particular financial condition.
Past performance is NOT indicative of future results. The information contained herein should not be construed as an offer to buy or sell commodities, futures or any investment. The information contained herein is intended for informational purposes only. GFX highly recommends that before making a decision, the reader collects several opinions related to the decision and verifies facts from at least several independent sources.
The CFTC has not passed upon the merits of participating in any of managed accounts programs nor on the adequacy or accuracy of any of these disclosure documents. Other disclosure statements may be provided to you before a managed foreign exchange account may be opened for you.
