In this Notice, the following words and phrases shall, unless the context otherwise requires, have the following meanings and may be used in the singular or plural as appropriate: “You” shall mean the Client; and “We”, “us”, “our”, “the Company “shall mean FDX Capital. This Notice provides you with information about the risks associated with investment products, which you may invest in through services provided to you by the Company. The Company reserves the right to review and/or amend this Notice at its sole discretion whenever it deems fit or appropriate. The English version shall always prevail in case of any discrepancy or inconsistency in translation into a local language.
Each investment product and service have its own distinct risks. This Notice provides a general description of the risks and the services provided by the Company. This Notice does not explain all of the risks involved in investment products or how such risks relate to your personal circumstances. Before you begin to trade, you should obtain details of all commissions and other charges for which you will be liable and which may be found in the Company’s website. If any charges are not expressed in money terms (but for example as a dealing spread), you should obtain a clear written explanation from the Company, including appropriate examples, to establish what such charges are likely to mean in specific money terms. You acknowledge and understand that commissions and other charges may change at any time and that it is your sole responsibility to remain up to date by visiting the Company’s website. Before you begin to trade, you should also obtain details regarding the financial instrument you wish to trade in, such as the margin requirements, position and/or volume limits, swaps, etc. This information is available on the Company’s website. You acknowledge and understand that the said information may change at any time and that it is your sole responsibility to remain up to date by visiting the Company’s website. You are responsible for any taxes and/or any other duty or legal affairs (i.e. regulatory filings and payments) in order to ensure that you comply with applicable laws and regulations. The Company does not warrant that no tax and/or any other stamp duty will be payable. The Company does not provide any regulatory, tax or legal advice and as such, you may wish to seek independent financial advice.
(“K-Y-C”) Before we open an account for you, we are required to make an assessment of whether the product(s) and/or services you have chosen are appropriate for you. We will only deal with you if, in our sole judgement, we consider you have qualified. It is your responsibility to understand the risks involved with our products or services. During our application process, we will ask you for information about your financial assets and earnings. We do not monitor on your behalf whether the amount of money you have sent to us or your profits or losses are consistent with that information. It is up to you to assess whether your financial resources are adequate for your financial activity with us and your risk appetite in the products and services you use
Accuracy of Information
FDX Capital makes its best effort to keep the information on the Website as current and accurate as possible, however, we still cannot guarantee the accuracy of said materials. No single source of information, including the Website, should be used as the sole basis for any financial decision. The Company will not accept liability for any loss or damage that may arise directly or indirectly from the content or your inability to access the Website, nor for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through the Website.
We offer you the opportunity to deal and communicate with us via electronic means, for example by our dealing platform and, in certain circumstances, by email.
Although electronic communication is often a reliable way to communicate, no electronic communication is entirely reliable or always available. If you choose to deal with us via electronic communication, you should be aware that electronic communications can fail, can be delayed, may not be secure and/or may not reach the intended destination.
Additionally, there are risks associated with the use of online deal execution and trading systems including, but not limited to, power outages, software and hardware failure and internet disconnection. You hereby agree to indemnify and hold us harmless with respect to any and all losses you many sustain in connection with any and all of the Technical issues. In no event will we be liability for your inability to engage in trading via our trading platform and we shall not be responsibility for any losses or missed opportunities by you due to the delay or non-delivery of any order or instruction via the trading platform.
Stops when a Non-guaranteed Stop is triggered it has the effect of issuing an order from you to us to close your order. Your order is not closed immediately when the Stop is triggered. In fast-moving markets, a price for the level of your order might not be available or the market might move quickly and significantly away from the Stop level before we are able to fill it.
You acknowledge that liquidity risk resulting from decreased liquidity is usually due to unanticipated changes in economic and/ or political conditions. You acknowledge that liquidity risk can affect the general market in that all participants experience the same lack of buyers and/ or sellers. It can also be due to changes in liquidity available to us from our inter-bank liquidity providers. When liquidity decreases, you can expect, at the minimum, to have wider bid/ask spreads as the supply for available bid/ask prices outstrip demand. Decreases in liquidity can also result in a “fast market” conditions where the price moves sharply higher or lower or in a volatile up/down pattern without trading in an ordinary step-like fashion. It is therefore important to note that our prices, bid/ask spreads and liquidity will reflect the prevailing inter-bank market liquidity
Suspensions of Trading
Under certain trading conditions it may be difficult or impossible to liquidate an open position. This may occur, for example, at times of rapid price movement if the price rises or fall in one trading session to such an extent that without limitation under the rules of the relevant exchange, or third-party liquidity provider, trading is suspended or restricted. Placing a stop-loss order will not necessarily limit your losses to the intended amounts, as market conditions may make it impossible to execute such an order at the stipulated price and your order may be executed at a worse price (slippage).
Liquidation of Open Positions
Positions may be liquidated or closed out without your consent in the event you fail to meet a margin call warning. Additionally, the insolvency, default or any market condition affecting any broker involved in your transaction may lead to positions being liquidated or closed out without your prior consent. In certain circumstances, you may not get back the actual assets which you lodged as collateral and you may have to accept any available payment in cash.
The materials printed on this Website are solely for informational purposes. No offer or solicitation to buy or sell currencies or commodities or futures, or any other type of investment, trading advice or strategy is made, given, or in any manner endorsed by the Company and/or its affiliates. You are fully responsible for any investment or trading decisions you decide to make, and such decisions should be based solely on your evaluation of your financial circumstances, investment/trading objectives, risk tolerance, and liquidity needs.
Third Party Links
No warranty is given by the Company, and no warranty is implied regarding the content of any suggested reading material or the content of the Website(s) that can be accessed through fdxcap.com. We will not be liable in any way for losses, or bear any liability of any kind, to any person resulting directly or indirectly through the use in any way by such person that the information referred to, and/or use of the suggested reading material
or the Website(s), if such loss or liability occurs, and whether financial or otherwise. The pages, opinions and/or information contained in the suggested reading materials or related website(s) are the creation of outside parties and do not necessarily reflect the opinions or representations of FDX Capital. Placing contingent orders, such as stop-loss or stop-limit orders may not necessarily limit your losses to the intended amounts, since market conditions that can become extraordinarily volatile, may make it impossible to execute such orders. All positions involve risk and strategies using combinations of spread and straddle positions, may be as risky as taking long and short positions. Any conflicts regarding pricing will be solved by checking the actual prices in the market at the specific time at which the error occurred. Investors should review their account statements, and are responsible for reporting any mistakes found on the account within 24 hours after the statement has been issued.
Any insolvency or default may lead to positions being liquidated or closed out without your consent. In certain circumstances, you may not get back the actual assets, which you lodged as collateral and you may have to accept any available payment in cash. Additionally and unless you are a Retail client, you transfer full ownership and title to a portion or all of the money you deposit with us representing an amount necessary to secure your open positions or cover your actual of future contingent or prospective obligations (which will be calculated daily at our sole discretion based on your daily open positions and trading and which may be greater than the margin required to maintain your open positions, as market conditions may dictate). You will not have a proprietary claim over that portion or any of your money and that portion or any of your money will not be segregated, and you will rank only as a general creditor of ours with respect to any claim for the payment of such portion of the above described money you deposit which may therefore be irrecoverable in the event of any insolvency or default