RISKS DISCLOSURE
Operating in the EB markets implies that transactions are not conducted on a regulated stock exchange. There are no guarantees regarding the solvency of the counterparty to your position in assets, CFDs, and Spread Betting. Additionally, there may be instances where there is a reduction in liquidity, resulting in the dilution of operations in assets, CFDs, and Spread Betting on commodities, assets, metals, and indices, preventing the liquidation of an adverse position and the possibility of substantial financial loss.
BZFOREX does not provide investment advice. The recommendations, signals, and information that BZFOREX provides or distributes are of a general nature and are based solely on the judgment of BZFOREX’s staff or external information providers. These market recommendations may or may not be consistent with the market positions of BZFOREX, its marketing partners, or employees. Market recommendations and information provided by BZFOREX are based on information deemed reliable, although BZFOREX cannot guarantee the accuracy or completeness of such information or ensure that following such recommendations will eliminate the inherent risks of trading in assets, CFDs, and Spread Betting. Market recommendations or information provided by BZFOREX do not constitute an offer or solicitation to buy or sell any type of EB transactions. The Client understands and agrees that they are capable of, and will be solely responsible for, assessing the risks and advantages of any transactions they may enter into with BZFOREX.
The Client understands that BZFOREX does not allow representatives of its Clients to exercise discretion over, or manage, EB accounts. If the Client’s account is not being operated with the Client’s authorization, they must notify BZFOREX immediately.
BZFOREX’s margin policies and/or those of banks/clearinghouses, servers, processors, or in general, institutions and all kinds of societies through which operations are executed, may require additional funds to be deposited into the Client’s account to properly meet the margin, and the Client will have the right to decide on the suitable vehicle but may or may not be able to meet those margin requirements immediately. The inability to meet demands for additional coverage may result in the liquidation of open positions, with consequent losses. BZFOREX reserves the right to refuse to accept an order.
The Client understands that they must carefully review the reports related to their operations that BZFOREX publishes online or through any means or channel of information declared as official between the parties. All execution reports and account statements will be considered final unless the Client objects within two business days following their publication. Initially, objections may be made via email or phone, although they must subsequently be confirmed in writing, within a period not exceeding 48 hours.
The Client understands that BZFOREX may establish rules and provisions for client accounts, including, among others; a minimum account balance, a certain investment time period, commissions and charges, leverage level per instrument, profit margins, rules regarding stop-loss and loss limits, reinvestments, demands for additional coverage, or any other financial stipulation to ensure that the Client may continue or continue to receive the service provided by BZFOREX normally, and that BZFOREX may modify such rules and provisions at any time.
The Client has read and understands the obligations and rights stipulated in this Agreement, and also accepts and acknowledges that this document, the Risk Disclosure Statement, and Privacy Statement, comprise the terms and conditions of the Client’s relationship with BZFOREX. The Client accepts that they are fully responsible for making all decisions regarding transactions made through their account. Understanding that the Client has considered the foregoing factors and, in view of their current and anticipated financial resources, wishes and is able to assume the substantial economic risks of EB transactions.
IT IS THE RESPONSIBILITY OF THE CLIENT TO SEEK ALL NECESSARY INFORMATION REGARDING TRANSACTIONS IN ASSETS, CFDs, AND SPREAD BETTING AND BZFOREX’S TERMS AND CONDITIONS, AS WELL AS TO ENSURE THAT ALL RISKS AND PROVISIONS ARE CLEARLY CLARIFIED AND UNDERSTOOD BEFORE ENGAGING IN ANY INVESTMENT ACTIVITY.