Risk Disclosure Statement

This brief statement doesn’t disclose exhaustive risks involved in transactions of exchange contracts and other major issues. in sight of such risks, Clients shall only conduct transactions supporting their understanding of the contractual nature, the contractual relationship to be established by Clients and therefore the degrees of risk to be confronted by Clients. Some Clients might not be suitable for getting involved in exchange contracts. Clients shall deliberate on whether the transaction would be suitable for them, support their experience, purpose, financial resources and other related situations, etc.

Gold Carry Trade trading services are not suitable for everybody so if Client is unsure about any investment or financial decision, he/she should seek expert independent advice. Please note that the worth of Client’s investments may rise or fall counting on market conditions which Client might not always recoup his/her initial investment. Additionally, past performance shouldn’t be seen as a sign of future performance.

Market participants often fail to take full advantage of gold price fluctuations because they haven’t learned the unique characteristics of world gold markets or the hidden pitfalls that can rob profits. In addition, not all investment vehicles are created equally: Some gold instruments are more likely to produce consistent bottom-line results than others. Trading gold isn’t hard to learn, but the activity requires skill sets unique to this commodity. Novices should tread lightly, but seasoned investors will benefit by incorporating these four strategic steps into their daily trading routines. Meanwhile, experimenting until the intricacies of these complex markets become second-hand.

Leverage effect
In leverage transactions, exchange contracts are of high risk. Compared with the worth of exchange contracts, the worth of initial margin is comparatively low. The relatively less market fluctuation may cause greater proportional impact on the funds deposited or to be deposited by clients, which can develop adversely or beneficially to Clients. Clients might lose all initial margins and the other deposits to take care of their position. The Client is liable for all the risks, financial resources the Client uses, and for the chosen trading strategy.

Risk reduction orders and methods
Issuing “stop-loss” or “price-limited” orders and other conditional orders, especially under very volatile market conditions, wouldn’t necessarily limit Clients’ losses within the expected amount because market conditions may cause the impossible execution of such orders. the utilization of combined positions strategies like “arbitrage” and “straddle trading” could also be as dangerous as simply maintaining “long position” or “short position”. The Client acknowledges and accepts that, no matter any information which can be offered by Gold Carry Trade, the worth of Instruments may fluctuate downwards or upwards and it’s even an opportunity that the investment may diminish to no value.

Charge of fees
Prior to any transaction, Clients should have a transparent understanding of all the fees which could be charged. This charge of fees will affect Clients’ net profits (if any) or increase losses of Clients.

Electronic transactions
Transactions administered by electronic trading systems aren’t only different from those of open outcry markets, but also different from other electronic trading systems. If Clients made transactions through electronic trading systems, Clients would face the risks related to electronic trading systems, including any hardware and software breakdowns. The results of any system breakdowns may cause Clients’ orders to not be followed by Clients’ instructions or to not be executed in the least . Since Gold Carry Trade cannot control the signal power, its reaction path, or the web path, the configuration of clients’ equipment or reliability of its connection, Gold Carry Trade can’t be responsible for any communication breakdown, disorder or delay, in online transactions (via the Internet). In no event shall Gold Carry Trade be responsible for speculative or anticipated damages for future potential profit losses.

Limitation of liability
When clients accept any “original” trading system provided by Gold Carry Trade, Gold Carry Trade doesn’t provide any express or implied warranty, including but not limited to the merchantability or any implied warranty of conforming to the precise purpose or application; any warranty for undisturbed timeliness; or any implied warranty caused during the transactions, the method or performance of transactions. In any case, Gold Carry Trade shall not be responsible for any consequential, indirect, incidental loss or damage, including but not limited to any loss of business, earning or goodwill, etc. Gold Carry Trade isn’t responsible for any service or transmission delay or interruption caused by any reason (including but not limited to hardware or software faults; regulatory measures; natural disasters; war, terrorism, or intentional behavior, etc.). Clients accept that there could also be delays or interruptions within the use of systems, including but not limited to any delay or disruption caused by Gold Carry Trade for the aim of maintaining the system. Gold Carry Trade cannot guarantee to supply alternative trading arrangements during a specific time. Gold Carry Trade shall not be responsible for any delay in placing any order. To the fullest extent permitted by law, in no event shall Gold Carry Trade or any of Gold Carry Trade directors, employees or agents have any liability whatsoever to Clients or the other person for any direct or indirect loss, liability, cost, claim, expense or damage of any kind, whether in contract or in tort, including negligence, or otherwise, arising out of or associated with your use of with any customized interface or third party equipment, hardware or software, like MT4 (a “Software Trading Tool”) or any sort of interaction between any Software Trading Tools and your Account (including but not limited to API and/or FIX interactions, a “Software Bridge”).

The margin policy of Gold Carry Trade requires that there shall be an inexpensive margin in Client’s account. Failure to satisfy margin requirements might end in termination and loss of any existing position. If the margin of an account is a smaller amount than the minimum margin required by the margin policy of Gold Carry Trade, Gold Carry Trade reserves the proper to terminate all positions with no prior notice.

Quotation error
If the quotation errors occur (including but not limited to Gold Carry Trade input errors not representing the fair market value quotations, Gold Carry Trade quotation errors reported by Gold Carry Trade employees, including but not limited to large numbers of wrong quotations or wrong quotations caused by hardware, software or communication lines or systems and/ or quotation error thanks to inaccurate external data sources provided by third party suppliers), Gold Carry Trade shall not be responsible for any fault of the account balance. The above list isn’t exhaustive when quotation errors occur. Gold Carry Trade reserves the proper to form necessary corrections or adjustments to the accounts involved. If there’s an instruction that interests or interest payments in accordance with the plan aren’t charged, Gold Carry Trade reserves the proper to withdraw or distribute the interest at any time.

The third-party authorization
If Clients grant third party trading advisors (including but not limited to fund managers) the trading authority or rights of controlling accounts whether full authorization or non-full authority, in no case shall Gold Carry Trade be responsible for or make any suggestion for Clients’ choices of any third-party trading advisor. Gold Carry Trade doesn’t make any statement or guarantee to any trading advisor; Gold Carry Trade isn’t liable for any loss; which Clients may suffer and is caused by any trading adviser’s conduct. Gold Carry Trade doesn’t acknowledge any third-party trading advisor’s trading methods either in an explicit or implied way. If Client authorized a fund manager to exercise any right to the Client’s account, the Client shall be at his/her own risks and therefore the Client shall periodically check the activities of the account to make sure that any transaction operated by the fund manager has been approved by the Client.

Risk disclosure in bankruptcy protection
Transactions conducted by Clients through Gold Carry Trade are different from other transactions conducted on the Exchange. The protection of Client’s funds could also be different from that of the funds with a priority in bankruptcy or the protection of futures and options contracts secured by the Exchange. The funds invested in OTC Forex trading and online derivatives contracts or other online trading products cannot obtain an equivalent priority. for instance, if Gold Carry Trade were insolvent while Clients lodged claim for deposits or profits from Gold Carry Trade, the claims of Clients as general creditors wouldn’t obtain the priority and thus Clients would be paid the remaining amount until after the payment of the claims with priority albeit Gold Carry Trade separated its Clients’ funds from its own operating funds.

Volatile market conditions
Transactions are sometimes subject to the volatile market. For instance, the discharge of critical news may make Clients face additional risks, including but not limited to the danger that Clients might not be ready to get the worth they invite. Gold Carry Trade cannot guarantee any price for any Clients within the volatile market.

Transactions in demo accounts
Trading in demo accounts could be different from real transactions. Therefore, it shouldn’t be assumed that Clients trading in demo accounts would encounter an equivalent lead to real transactions.

Force majeure events
In the case of an act of God Event the Client shall accept the danger of monetary losses.