Trading in Forex is not suitable for many individuals. There is a risk that some or all of the capital used for such financial transactions will be lost. It is best to carefully consider whether forex trading is right for you considering your objectives and the financial resources available with any other relevant circumstances. You should understand all the risks involved in trading forex and, if necessary, seek independent advice.
Entering any Forex transactions is carried out voluntarily and at your own risk. Trading involves high risk and profit is not guaranteed because previous figures/performance date cannot be confirmed to be repeated to represent future results
The great risk is that all or some of the invested capital can be lost. Also, investing in Forex carries a high degree of risk as the funds invested may not continue at the same value, however, at the same time, there is a possibility that profits will be realized.
The electronic trading system carries high risks and is linked to the Internet system, including electronic device and/or software. As a result, trading orders may be delayed or not executed at all. All transactions are your own responsibility under any circumstances. Wafra will not be held responsible for any transportation delays, delivery or execution of your orders due to networking failures or other reasons.
Market working conditions, market rules, trading hours, and trading room opening hours may increase the risk of loss due to difficulty in conducting operations or liquidating/compensating open positions. The company may be unable to perform your operations at the required level.
Forex trading carries a high degree of risk that can work both for your benefit or otherwise.
In specific cases, protections may occur to be affected by your funds used for trading purposes, in the event of financial default or bankruptcy of the company. Specific legislation and local rules control the extent to which you may recover money or receive compensation. In some jurisdictions, property or funds identified as your property can be approved at the same monetary value for distribution purposes in the event of a deficit.
Be aware that commissions and some other fees may be applicable, and as such these fees will affect profit reductions (if any), or increased losses. Before trading forex, you must recognize all required fees, whether predetermined or variable.
Be aware that profit or loss for foreign currency-denominated contract trading operations can be affected by fluctuations in the exchange rates of these currencies when there is a need to convert the currency into another currency.
All transactions made to your account are at your sole risk under all circumstances. Wafra will not be held responsible for any transportation delays, delivery, or execution of your orders due to network failures or other reasons.
The company has the right to determine the existence of an emergency or exceptional state of market ("compulsive force"). (Including strike, riots or disturbances, power outages or disruptions to electronic equipment or network.)
You should understand that forex trading is likely to be taxed and/or any other applicable deductions if covered by laws and legislation, which will become your responsibility to do so.
Wafra Financial Services does not provide specific personal advice or recommendations in the field of trading. Information provided by our representatives or by our products and services is not based on a special investment objective, economic situation, or individual economic need. We therefore advise traders to seek specialized financial advice based on their sole investment objectives and not to rely exclusively on the information provided by Wafra Financial Services or any of its sources.
We recommend that you seek independent investment advice regarding forex trading.