Risk Warning: CFDs are complex leveraged products that carry a high level of risk and may result in losses exceeding your initial deposit

Risk Disclosure Statement

  1. INTRODUCTION

    This Risk Disclosure Notice applies when you use any products or services provided by Trade Set Go Ltd a company incorporated in Seychelles (Company No: 8438631-1) and licensed under Securities Dealer License (License No. SD 249) with its registered office at Arpent Vent Building, Mont Fleuri, Victoria, Mahe, Seychelles referred to in this policy as “Trade Set Go Ltd””, “we”, “us”, “our” or “Company”), including any related services (the “Services”).

    It is important that, as a potential client, you understand the key risks related to opening an account and trading with us. This document sets out the key risks to which you may be exposed as a client of the Company when depositing money and proceeding to execute trades. By opening an account and using our Services, you confirm that you have received, read and understood, and accepted the risks described in this Notice, which are not exhaustive.

    Trading in financial instruments is not suitable for all investors and involves a high degree of risk. You should ensure that you fully understand the nature of the products offered and the risks involved before opening an account or entering into transactions with the Company.

    Agreeing to execute and accept the Company’s Customer Agreement, this creates a binding contractual relationship between you and the Company. Breach by you of the Customer Agreement may have legal consequences, including, without limitation, that you may become the subject of legal action for breach of contract.

  2. GENERAL RISK WARNING

    CFDs are leveraged products, meaning a relatively small initial margin may control a significantly larger position. While leverage can amplify profits, it also amplifies losses.

    You may lose all of your invested capital. In certain circumstances, losses may exceed your initial investment, resulting in a negative account balance (“Shortfall”).

    Where a negative balance occurs, you may be required to settle such Shortfall in accordance with the terms of the Customer Agreement. The amount of any potential loss cannot be limited or guaranteed. The Company does not provide negative balance protection. The Client remains fully liable for any resulting shortfall.

    You should only trade with funds you can afford to lose and that would not materially affect your financial situation if lost.

  3. MARGIN CALLS

    If the equity in your Account falls below the applicable margin requirements due to adverse market movements or other factors, you may be required to deposit additional funds to maintain your open positions. The Company is under no obligation to provide advance notice of a margin deficiency or margin call. If sufficient funds are not received within the required timeframe, the Company may, at its sole discretion and without further notice, close, liquidate, or reduce some or all of your open positions at prevailing market prices. Such action may result in significant losses, including the loss of all funds deposited in your Account, and the Company shall not be liable for any losses arising from the exercise of its margin close-out rights.

  4. APPROPRIATENESS

    Prior to accepting you as a client, the Company may conduct an appropriateness assessment based on the information you provide in order to determine whether the Services are appropriate for your level of knowledge and experience in trading financial instruments.

    This assessment does not constitute investment advice, portfolio management, a personal recommendation, or a determination that any product, service, or transaction is suitable for your
    particular financial circumstances or investment objectives.

    You remain solely responsible for your trading decisions and for ensuring that you understand the risks associated with the Services. Regardless of the outcome of any appropriateness assessment, trading leveraged financial instruments involves a high degree of risk and may result in significant losses.

  5. EFFECT OF LEVERAGE

    The Services offered by the Company may involve leveraged financial instruments. Leverage enables you to obtain market exposure that exceeds the funds deposited in your Account, up to the maximum leverage permitted by the Company from time to time and subject to your account classification and applicable margin requirements.

    While leverage can increase potential profits, it can also significantly increase potential losses. A relatively small adverse movement in the market may have a disproportionately large adverse impact on your Account and may result in the loss of all funds deposited and, where applicable, losses exceeding your initial investment.

    You should ensure that you fully understand how leverage operates and carefully monitor your open positions and margin requirements at all times. Trading in leveraged financial instruments is not suitable for all investors and should only be undertaken by persons who are capable of bearing the associated risks.

  6. MARKET RISKS

    Financial markets can be subject to considerable movements caused by many different reasons. By way of example only, in the Foreign Exchange context, large or extreme price movements can occur due to any country’s Central Bank market interventionist measures or the impact of unexpected interest rate decisions; so-called “flash crashes”; other market moving events such as Non-farm payrolls announcements or political or budgetary statements by competent authorities and/or governments. Consequently, stop losses may be used as a risk management tool, but it is important to understand that stop losses are not guaranteed risk-management tools and will not work in certain situations, including but not limited to, the following:

    • Gapping: Market prices may move sharply between trading sessions or during periods of low liquidity, resulting in a gap between the requested Stop Loss level and the next available market price. This is known as “Gapping”. ‘Stop Loss’ therefore cannot guarantee that it will limit the loss. In such cases, the order will be executed at the next available price, which may be significantly less favourable than the requested level.
    • Price volatility: If you trade in a market other than your base currency market, currency exchange fluctuations will impact your profits and losses.
    • Insufficient liquidity: A stop loss may not be honoured if no market quote exists in the desired amount for a requested stop loss transaction size. An example of this occurs when trying to risk manage a large position for a less liquid currency pair. As above, your stop loss will not be filled at the requested level. If this happens, the stop loss will be honoured on the first available quoted price in the market.
    • Slippage: Slippage: Orders may be executed at a price different from the requested price due to fast-moving markets or execution delays. Slippage may be positive or negative.

  7. EXECUTION & LIQUIDITY RISKS

    Your market order for instant execution may be rejected for several reasons including, without limitation, system latency (the speed of trade execution), volatile market conditions /  insufficient liquidity; incorrect order placing by you; or other forces outside of the Company’s control (see section Force Majeure). Stop and Limit orders may be affected by market gaps, volatility, or periods of low liquidity and may be executed at the next available market price, which may differ significantly from the requested price. This may reduce the effectiveness of such orders in limiting losses or securing intended entry or exit levels.

  8. CREDIT & SYSTEMIC RISKS

    The Company may hold client money with third-party banking institutions and other financial institutions in segregated client accounts in accordance with applicable regulatory requirements. While client funds are held in segregated account, segregation of client funds does not eliminate all risks. In the event of the insolvency, default, or failure of a bank, custodian, or the Company, delays in the return of client funds and/or losses may occur. Client funds are not guaranteed and are not protected by any compensation scheme.

    In certain markets, clearing houses, exchanges, regulators, or other market participants may exercise powers or take actions that could affect the value, availability, settlement, or liquidation of transactions. Such actions may adversely affect your positions or your ability to enter into, maintain, modify, or close transactions.

  9. RISK MANAGEMENT CHANGES

    The Company may be required at any time and without notice to amend the terms on which certain instruments may be traded or traded at all to protect the firm against over-concentration of risk. For example, initial or variation margin may be increased, certain underlying instruments may become prohibited at all or your account’s Margin Limit may be increased. When this happens, clients shall be notified in writing and this may result in you being required to close some or all of your open positions, possibly at a loss.

  10. REGULATORY RISK

    Competent authorities may prohibit certain transactions outright or otherwise bans on specific trade positions. Such measures may take immediate effect and may result in positions being closed without prior notice to the Client. Regulatory bodies may exercise their statutory discretion to compel the firm to cease trading which will result in your positions being closed or alternatively, you and/or the firm may be prevented from closing or risk managing your position or the firm may even be prevented from notifying you that such events have taken place for a given period of time. Such events may result in losses to clients.

    Competent authorities may also impose increasingly onerous compliance & reporting obligations, licensing fee, regulatory capital or other operational requirements on the firm which may, in severe circumstances, result in the firm ceasing to trade. The firm takes a prudent approach to its liquidity and capital requirements to mitigate this risk.

  11. TECHNOLOGY RISK & FORCE MAJEURE

    The Company relies on technology, telecommunications networks, third-party service providers, and other infrastructure to provide the Services. Failures, interruptions, delays, cyber incidents, capacity constraints, or other disruptions affecting such systems may result in delays in execution, inability to access trading platforms, loss of connectivity, inaccurate data, or other operational issues that may adversely affect your trading activities and result in losses.

    The Company shall not be liable for any loss arising from events beyond its reasonable control, including but not limited to acts of God, natural disasters, war, terrorism, civil unrest, strikes, governmental actions, failures of communication systems, market disruptions, or other force majeure events. In such circumstances, the Company may be unable to execute orders, provide access to the Services, or otherwise fulfil its obligations, and your positions may be adversely affected.

  12. ERRORS WITH QUOTES

    Where manifest pricing errors, system errors, or erroneous quotes occur, the Company reserves the right
    to void, amend, or adjust affected transactions in accordance with its Customer Agreement and applicable
    regulatory obligations.

  13. RISKS ASSOCIATED WITH THE TRADING PLATFORM

    All of your instructions are sent to our server and executed in order. Orders may be rejected or delayed in certain circumstances including system latency or market conditions. The Company does not guarantee continuous availability of trading platforms or execution of all client orders. You assume responsibility for any unplanned trading operation that may be executed if you resubmit an order before being notified of the results of the first order.

    You must understand that closing the order window or position window does not cancel a submitted
    order.

    You acknowledge that only the quotes received from our server are authoritative. If there is a problem in the connection between your client terminal and our server, you can retrieve  undelivered quote data from the client terminal’s quote database.

  14. EXECUTION ONLY / NO ADVICE OR FIDUCIARY RELATIONSHIP

    Clients of the Company are self-directed investors executing on an execution-only basis. We do not assess the suitability of specific transactions. This means that the firm is not your advisor or acting in any fiduciary capacity for you. You are responsible for the trades you place, how you monitor the trades and any losses that result from this activity. As set out in the Customer Agreement, the firm shall not be liable for any losses you incur due to the results of your trading activities, to the extent permitted by applicable law.

  15. NATURE OF TRANSACTIONS & PRICING – SYNTHETIC OTC DERIVATIVES / NO OWNERSHIP INTEREST IN ANY UNDERLYING INSTRUMENTS

    All transactions you execute with the Company are synthetic derivative transactions. This means that you do not acquire any ownership interest in any underlying instrument you are trading. Your rights are contractual only to receive any profit owed to you and your obligations are to pay any losses you incur as a result of your contractual relationship with the Company.

    This type of contractual relationship is known as an “over-the-counter” or “OTC” contractual relationship which means that you have a private contractual relationship with the Company only. The prices quoted to you reflect the prices which the Company receives from its liquidity counterparty and the underlying market liquidity providers. The prices are not quoted on any stock or derivatives exchange and therefore will be different from any other provider of equivalent derivative instruments.

    The Company maintains and operates an Order Execution Policy designed to obtain the best possible result for clients, taking into account factors such as price, costs, speed, likelihood of execution and settlement, size, and nature of the order. However, no guarantee can be given that every transaction will be executed at the best available market price.

  16. TAX CONSEQUENCES

    Trading with the Company may have tax consequences for you in the jurisdictions in which you pay tax. The Company does not provide any tax advice; you are responsible for all and any tax consequences of your trading activities with the Company.

  17. MARKET EVENTS & CORPORATE ACTIONS

    Other than third-party information sources which the Company may provide from time to time (such as market event calendars) and without any liability for having done so, the Company will not advise you that any significant market news is pending or has occurred, nor will the Company convey any corporate actions or other notifications from underlying single stocks, including, without limitation, any information concerning rights issues, dividends, share splits, mergers, etc.

  18. INFORMATION ACCURACY

    Information provided by the Company is for general informational purposes only and may not be complete, accurate, or current at all times. Past performance is not indicative of future results. Clients should independently verify information before relying upon it. Any transaction decision of any customer should not be based on a single source of information, including the Company. the Company will not be responsible for any loss caused by the immediacy and error of the information provided on the Company’s website, or the error of the instructions provided on the website, regardless of the form, to the maximum extent permitted by law.

  19. CONFLICT OF INTEREST

    Where the Company acts as principal or counterparty to a transaction, the Company’s interests may be different from those of the Client. These arrangements may create conflicts of interest.

    The Company maintains policies and procedures designed to identify, manage, and mitigate such conflicts fairly.

    For more information regarding conflict of interest please visit our website Insert website.

  20. INVESTOR COMPENSATION

    The Company is not a participant in any investor compensation or deposit protection scheme unless expressly stated otherwise. In the event of the Company’s insolvency, clients may not be entitled to compensation from any statutory compensation fund.

  21. THIRD PARTY LINK

    The Company may provide links to third-party websites or information sources for convenience only. The Company does not endorse, control, or accept responsibility for any content, products, services, or information available from such third parties.

  22. CLIENT UNDERSTANDING & CONFIRMATION

    The Client acknowledges that this Risk Disclosure Notice has been provided electronically and confirms that they have had the opportunity to read and understand its contents before opening an account and entering into transactions with the Company. The Client expressly accepts and agrees to the risks described herein as part of the onboarding process.

    The Client will have ongoing access to disclosure documents, including this Risk Disclosure Notice, through the Company’s ‘s website.