Risk Disclosure
Please read this document carefully before using our services
Trading foreign exchange (Forex), Contracts for Difference (CFDs), and other leveraged products carries a high level of risk to your capital. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
1. General Risk Statement
Trading in financial markets involves substantial risk and is not appropriate for all investors. The high degree of leverage that is often obtainable in foreign exchange and CFD trading can work against you as well as for you. Before deciding to trade, 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 trading and seek advice from an independent financial advisor if you have any doubts.
2. No Guarantee of Profits
FXDock provides market analysis tools and trading signals through its API services. We do not guarantee any profits or returns on your investments. Past performance is not indicative of future results. Any examples of potential returns are hypothetical and should not be taken as a promise of actual performance.
3. Leverage and Margin Risk
Trading on margin (leverage) can amplify both gains and losses. A relatively small market movement can have a proportionately larger impact on your funds. You could sustain a total loss of the margin funds you deposit with your broker to establish or maintain a position. If the market moves against your position, you may be required to deposit additional funds on short notice to maintain your position.
4. Market Volatility
Financial markets can be highly volatile. Prices can change rapidly in volatile conditions, and you may not be able to execute trades at desired prices. Market gaps may occur, particularly following weekends or during major economic events, which can result in slippage and execution at prices significantly different from those quoted.
5. Technology and System Risks
Trading through electronic platforms exposes you to risks associated with system failure, including but not limited to:
- Hardware, software, or internet connection failures
- Delays in order transmission or execution
- Security breaches or cyber attacks
- System outages during critical market periods
FXDock is not liable for any losses resulting from system failures or delays beyond our reasonable control.
6. Third-Party Services
FXDock provides analytical signals that you may use with your own brokerage accounts. We are not a broker and do not execute trades on your behalf. You are solely responsible for:
- Choosing and vetting your broker
- Understanding your broker's terms and conditions
- Ensuring proper execution of trades
- Managing your positions and risk
7. Regulatory Notice
FXDock is an information service provider. We do not provide investment advice, and our services should not be construed as such. You should consult with qualified financial, legal, and tax advisors before making any investment decisions.
8. Recommended Broker Balance
To effectively utilize our API services and manage risk appropriately, we recommend maintaining the following minimum balances in your connected broker account:
- Starter Package: Minimum $2,000 broker balance
- Professional Package: Minimum $3,500 broker balance
- Enterprise Package: Minimum $5,000 broker balance
These are recommendations only. Your actual capital requirements may vary based on your trading strategy, risk tolerance, and the leverage offered by your broker.
9. Independent Decision Making
All trading decisions are your own. While our AI-powered analysis aims to identify market opportunities, you are solely responsible for:
- Deciding whether to act on any signal
- Setting appropriate position sizes
- Managing stop-loss and take-profit levels
- Monitoring your positions
- Understanding the assets you trade
10. Acknowledgment
By using FXDock services, you acknowledge that:
- You have read and understood this Risk Disclosure
- You understand that trading involves significant risk of loss
- You are trading with funds you can afford to lose
- You will not hold FXDock liable for any trading losses
- You have sought independent advice if necessary
Questions about risk?
Contact us at support@fxdock.com or consult with a qualified financial advisor.