To manage exposure, employ risk-reducing strategies such as 'stop-loss' or 'limit' orders.
This Agreement protects both the installation and usage of the Software and any and all associated software components, media, user guides, and training or education materials, whether in electronic or paper form collectively the "Software Product" entered into when you complete the registration process to open said account with Company. Your use of ForexTrader is subject to the provisions of the Customer Agreement you executed with the Company in order to open a trading account with Company.
You acknowledge and attest that ForexTrader, as an electronic advice, is not intended to provide investment, tax or legal advice. ForexTrader is proprietary to Company and is protected by intellectual property laws and international intellectual property treaties. User's access to ForexTrader is licensed and not sold.
In the event a conflict arises between the rights and obligations conferred by this License Agreement and the Customer Agreement, the Customer Agreement will prevail. If you do not have a foreign currency trading account with Company, you are not a Company customer, and you acknowledge and agree that GAIN Capital owes you no duties and has made no representations of any kind whatsoever to you other than as may be set forth expressly in this Agreement.
You also acknowledge and agree to the following terms and conditions: By making ForexTrader available to you, Company is not providing you with any investment, tax or other form of advice, and ForexTrader's sole purpose.
Should you open a foreign currency trading account with Company in the future, your use of ForexTrader will be governed by the Customer Agreement and this License Agreement. Your use of ForexTrader will be in a manner not inconsistent with applicable laws and regulations; ForexTrader incorporates market data and other information collectively "Market Data" that GAIN Capital receives from our agents, vendors or partners "Third Party Providers".
GAIN Capital does not endorse or approve the Market Information and makes it available to you only as a service and convenience. GAIN Capital and our Third Party Providers do not 1 guarantee the accuracy, timeliness, completeness or correct sequencing of the Market Information, or 2 warrant any results from your use or reliance on the Market Information.
Market Information may quickly become unreliable for various reasons including, for example, changes in market conditions or economic circumstances. Neither GAIN Capital nor the Third Party Providers are obligated to update any information or opinions contained in any Market Information, and we may discontinue offering Market Information at any time without notice. You will not redistribute or facilitate the redistribution of Market Information, nor will you provide access to Market Information to anyone who is not authorized by GAIN Capital to receive Market Information.
User agrees that from time to time, ForexTrader may be inaccessible or inoperable for any reason, including, without limitation: ForexTrader includes important disclosures and information that are associated with ForexTrader's electronic content and services.
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If you do not agree to the terms of this Agreement, do not install or use ForexTrader and select "Cancel" below. This license is restricted to your personal use or if user is a corporate entity for the use of its employees in the course of each individual's employment for the limited purposes described in the user's guide and any training materials.
This license permits you to make one copy of ForexTrader for backup or archival purposes only. You are acquiring no right to use, and shall not use, without GAIN Capital's prior written consent, the terms or existence of this Agreement, the names, characters, artwork, designs, trade names, copyrighted materials, trademarks or service markets of GAIN Capital, its affiliates, agents, vendors and licensors.
ForexTrader is provided in object code form only. The Software Product is licensed, not sold, to you for use only upon the terms of this Agreement, and GAIN Capital and its vendors, licensors or suppliers reserve all rights not expressly granted to you. The Software Product is protected by U. All title and intellectual property rights in and to the content which may be accessed through use of the Software Product is the property of the respective content owner s and may be subject to their terms and conditions.
Any supplemental software code or other materials provided to you as part of the Support Services shall be considered part of the Software Product and subject to the terms and conditions of this Agreement. With respect to technical information you provide to GAIN Capital as part of the Support Services, you agree and acknowledge that GAIN Capital may use such information for its business purposes, including for product support and development for which you will make no claim.
GAIN Capital will not utilize such technical information in a form that personally identifies you. Foreign Exchange and other leveraged products involves significant risk of loss and is not suitable for all investors.
You should make sure that you understand the risks involved, seeking independent advice if necessary. Increasing leverage increases risk. Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite.
Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
This means that in Forex leverage is not borrowed capital as it is in stock trading, which does involve paying interest on the capital used to leverage your positions more on this later. One of the criticisms levelled at Forex brokers, is that by offering highly leveraged trading accounts they expose their clients to the risk of losing more than they invested in the first place.
This is not so. While using leverage carries with it the risk of exacerbating losses in the same way as it provides the potential of amplifying returns, it is now standard practice for all reputable brokers to offer their clients negative balance protection. What this means is your trading account will never fall below zero. You will receive margin calls if your margin level drops below a certain percentage of your equity, depending on the platform you are trading on.
Should it continue to drop your broker will begin automatically closing any open positions you have so as to protect you from incurring losses beyond the capital you have in your account. This means that no-matter what is happening you as a trader can take the appropriate position and potentially profit. Stock trading can be suspended during times of high market volatility in order to curb dramatic changes in price, only to reopen with a gap between closing and opening prices.
In contrast the foreign exchange markets suffer from no such issues; currencies are always available for trading, 24 hours a day, 5 days a week. The online Forex industry has had to be very technically resourceful in order to address the fact that Forex is an entirely decentralised market, meaning that trades are not made over an exchange.
The way traders, brokers and the interbank network are dispersed across the globe has required the development of advanced trading platforms that can provide traders with up to the second price quotes in a constantly changing environment, and to facilitate transactions between parties that can be separated by entire continents.
These technological advances have led to Forex traders enjoying better trade execution speeds than almost any other form of online trading. Historically currencies were not regarded as an asset class, but rather as a medium of exchange facilitating the trade of other assets. This applies to all trading instruments, but especially to online Forex. The same technologies that have made online Forex trading possible have also made information freely available.
Nowadays resources that were once only available to large financial institutions are open to everyone. In addition to this, the speed at which information travels across the globe has meant that a trader monitoring their open positions from home can react just as swiftly as a professional trading from the very thick of it in London, New York, or Tokyo.
Especially considering how incredibly complex the Forex markets are, and the myriad of influences which they are subject to, both macro and micro-economic, online traders are now better positioned than they have ever been in the past to take advantage of information and use it to manage their capital intelligently.
With regards to the FSB authorisation, FxPro provides execution services and enters into principal to principal transactions with its clients on FxPro's prices; these transactions are not traded on an exchange. CFDs are a leverage product and can involve a significant risk of loss. Trading CFDs may not be suitable for all, therefore you should ensure that you understand the risks involved and take into account your individual circumstances.
High liquidity and price stability Forex is hands down the largest market in the world. Profit in both upward and downward trending markets. Low entry and transaction costs The sheer number of market participants and stiff competition between brokers has led to low entry and transaction costs compared to other financial instruments.
Negative balance protection One of the criticisms levelled at Forex brokers, is that by offering highly leveraged trading accounts they expose their clients to the risk of losing more than they invested in the first place.
Instant execution The online Forex industry has had to be very technically resourceful in order to address the fact that Forex is an entirely decentralised market, meaning that trades are not made over an exchange.