High Risk Investment

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. The market is still new and uncertain. No-one should have funds invested or speculate that she is not prepared to lose entirely. Whether the market for one or more will move up or down, or whether a particular will lose all or substantially all of its value, is unknown. This applies both to traders that are going long and to traders that are shorting the market. Participants should be cautious about holding.

Markets have varying degrees of liquidity. Some are quite liquid while others may be thinner. Thin markets can amplify volatility. There is never a guarantee that there will be an active market for one to sell, buy, or trade or products derived from or ancillary to them. Furthermore, any market may abruptly appear and vanish. Monfex makes no representations or warranties about whether that may be traded on the monfex.com at any point in the future, if at all. Any is subject to delisting without notice or consent.

The legal status of certain may be uncertain. This can mean that the legality of holding or trading them is not always clear. Whether and how one or more constitute the property, or assets, or rights of any kind may also seem unclear. Participants are responsible for knowing and understanding how will be addressed, regulated, and taxed under applicable law. There is a risk that in some jurisdictions might be considered to be a security, or that it might be considered to be a security in the future. Monfex does not give warranties or guarantees that any is not a security in all jurisdictions. You are bound to check if acquisition and disposal are legal in his jurisdiction, You undertakes not to use should their use not be legal in the relevant jurisdiction. If You establish that the use is not legal in Your jurisdiction, you should not use, not acquire them and should immediately stop using or possessing them if such case arises.

Having on deposit or with any third party in a custodial relationship has attendant risks. These risks include security breaches, risk of contractual breach, and risk of loss. Participants should be wary of allowing third parties to hold their property for any reason. You acknowledge that Monfex is not responsible for any losses or damages of any kind arising either directly or indirectly from the withdrawal of funds from your account by a third party due to the loss of credentials You acknowledge that Monfex is not responsible for any losses or damages of any kind arising either directly or indirectly from the sending of to the wrong wallet address during the withdrawal of funds from their Monfex account You acknowledge that any may be lost if sent to the wrong address (for example but without limitation, if the address is improperly formatted, contains errors, or is intended to be used for a different type). You accept that Monfex is not responsible for any losses or damages whatsoever arising directly or indirectly due to any such error.

In addition to liquidity risks, values in any digital token marketplace are volatile and can shift quickly. Participants in any market are warned that they should pay close attention to their position and holdings, and how they may be impacted by sudden and adverse shifts in trading and other market activities.

When you finance a purchase or sale of on a peer-to-peer basis, you run the risk of losing your provided financing. Similarly, when you accept financing to enter a trading agreement, you accept the risk of not being able to repay that financing (e.g., if the market price of you purchased with the financing falls). Participants should know all of the terms of any contracts they enter and how their trading strategies and other market and risk factors can affect their financing obligations. You acknowledge that any may be canceled, lost or double spent, or otherwise lose all or most of their value, due to forks, rollbacks, Attacks, changes to Properties or failure of the to operate as intended. You accept that Monfex is not responsible for any losses or damages whatsoever arising directly or indirectly due to the occurrence of any such event. You accept and acknowledge that Monfex shall have, and maintains, the right to refuse orders to establish new or larger positions or to buy or sell Instruments. You accept and acknowledge that Monfex shall have the right to reduce the size of your open positions. Monfex will inform you as soon as practicable regarding such reduction and the reason hereof.

Hackers or other groups or organizations may attempt to interfere with the Website or the availability of in any number of ways, including without limitation denial of service attacks, spoofing, smurfing, malware attacks, or consensus-based attacks. You hereby agree that Monfex shall have no liability for any such loss your incur.

There is a risk that the Website and may unintentionally include weaknesses or bugs in the source code interfering with the use of or causing the loss.

Advances, or technical advances such as the development of quantum computers, could present risks that could result in the theft or loss.

You acknowledge that there are risks associated with using the including, but not limited to, the failure of hardware, software, and Internet connections. You acknowledge that Monfex shall not be responsible for any communication failures, disruptions, errors, distortions or delays You may experience when using the Website and, howsoever caused. You acknowledge that you may be prevented from sending a transaction request, or a transaction request or the email may not be received by Monfex or the Services, due to hardware, software or services issues (including, without limitation, Internet and other network connectivity issues). You accept that Monfex is not responsible for any loss or damage whatsoever arising directly or indirectly due to any such issues.

You acknowledge that Monfex cannot be held liable for the number of days passing between the transfer of fiat funds from your account on Monfex until the time that the transferred funds are booked on the account with the receiving bank. You acknowledge that subject to a transfer instruction being complete and correct, incoming transfers of fiat funds will only be booked on your account and be at your disposal once Monfex has received the funds You acknowledge that Monfex cannot be held liable for the number of days passing between the transfer of fiat funds by the sending bank until the time that the transferred funds are received by Monfex and booked on your account.

You bear the sole responsibility to determine if the purchase of or the potential appreciation or depreciation in the value of overtime has tax implications for You in Your home jurisdiction. By purchasing and to the extent permitted by law, You agree not to hold any of Monfex, its affiliates, shareholders, directors or advisors liable for any tax liability associated with or arising from the purchase. You are solely responsible for withholding, collecting, reporting, paying, and/or remitting any and all taxes to the appropriate tax authorities in such jurisdiction(s) in which You may be liable to pay tax. Monfex shall not be responsible for withholding, collecting, reporting, paying, and/or remitting any taxes (including, but not limited to, any income, capital gains, sales, value-added or similar tax) which may arise from your acquisition.

Please trade with caution when you use leverage in trading or investing. If You do not use leverage properly it can have extreme effects on Your accounts. You can lose a huge amount of money if a trade works against You. Trading and dealing with high leverage is a high-level risk. It can be very risky for the beginners to use high leverage because You generally do not have enough experience in trading high leverage. You should not trade with it until You get a clear idea how it works.

CFD are new but tested technology. In addition to the risks set forth here, there are risks that Monfex cannot foresee and it is unreasonable to believe that such risks could have been foreseeable. Risks may further materialize as unanticipated