Tallinex Limited - Risk Disclosure
High Risk Investment
Tallinex Limited warns that trading foreign exchange and futures 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 to your advantage. Before deciding to invest in foreign exchange or futures, 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 and futures trading, and consult with an independent financial advisor if you have any doubts.
Tallinex Limited, shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information provided. Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Tallinex Limited will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Each buy or sell decision by Client is an independent decision by Client. Tallinex Limited is not acting as an advisor or serving as a fiduciary to Client. Client agrees to indemnify and hold Tallinex Limited harmless from and against any and all liabilities, losses, damages, costs and expenses, arising therefrom. Tallinex Limited will not in any way be liable or responsible for any buy or sell trading actions done by the Client or for any losses arising therefrom.
One Click Trading and Immediate Execution
Tallinex Limited´s automated order entry system provides immediate transmission of Client's order once Client enters the notional amount and clicks "Buy/Sell". There is no "second look" before transmission, and Market Orders cannot be cancelled. This feature may be different from other trading systems. Client should utilize the Demo Trading System to become familiar with the process before trading online. In case the Client has not received the result of the execution of the previously sent Instruction but decides to repeat the Instruction, the Client shall accept the risk of making two Transactions instead of one.
Third Party Agents
In the event that Client grants trading authority or control over Client's Account to a third party (the "Trading Agent" or "Introducing Broker"), Tallinex shall in no way be responsible for reviewing Client's choice of such Trading Agent or for making any recommendations with respect thereto. Tallinex Limited makes no representations or warranties concerning any Trading Agent; Tallinex Limited shall not be responsible for any loss to Client occasioned by the actions of the Trading Agent; and Tallinex Limited does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If the Client gives the Trading Agent authority to exercise any of its rights over its Account, Client does so at Client's risk. Even though the undersigned grants authority to Trading Agent, Client should be diligent and closely scrutinize all account activity.
Commission and other charges
Before the Client begins to trade, he/she should obtain a clear explanation of all commission, fees, markups, markdowns and other charges for which he/she will be responsible. These charges will affect Client's net profit (if any) or increase Client's loss.
No Guarantees of Profit
There are no guarantees of profit or freedom from loss in Foreign Exchange Trading. Client has received no such guarantees from Tallinex Limited or from any of its representatives. Client is aware of the risks inherent in Foreign Exchange Trading and is financially able to bear such risks and withstand any losses incurred. Furthermore, client accepts sole responsibility for any actual losses which result from Foreign Exchange trading activities client chooses to engage in through Tallinex Limited and, in the case of currency account deposits made via debit/credit card, specifically agrees not to subsequently dispute such deposits.
Prices, Margin and Valuations are set by Tallinex and may be different from prices reported elsewhere
Tallinex will provide prices to be used in trading, valuation of Client positions and determination of Margin requirements. Prices from Tallinex Limited are independent of prices of other institutions and businesses. Although Tallinex Limited expects that these prices will be reasonably related to prices available in the interbank market, prices reported by Tallinex may vary from prices available to banks and other participants in what is known as the interbank market.
Tallinex Limited shall not be liable for any claims, losses, damages, costs or expenses, including attorneys' fees, caused, directly or indirectly, by any breakdown or failure of any transmission or communication system or computer facility or trading software, whether belonging to Tallinex Limited, Client, any market, or any settlement or clearing system when Client trades online (via Internet).
Unauthorised access of the Third Party
The Client is wholly responsible for the privacy of the information received from Tallinex Limited and accepts the risk of any financial losses caused by the unauthorized access of the third party to the Client's Trading Account.
Force Majeure Event
In case of a Force Majeure Event the Client shall accept the risk of financial losses.