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Pine FX recommends that every trader read the following carefully before participating in forex margin trading, clearly understand the risks existing in the market, and arrange trading activities reasonably under their own circumstances.
Margin trading: Margin financial derivatives and CFD trading have high risks and may not be suitable for all investors. Please carefully consider your trading purpose, financial status, and ability to bear risks. Your loss may exceed your initial investment amount. You should be aware of all risks related to margins before investing.
Pine FX will not obtain any trading password of clients in any name (financial management, trading, etc.).
Pine FX will not on behalf of clients for deposits and withdrawals in any case. All deposit and withdrawal requests are made voluntarily by the clients. Clients need to protect the security of their trading account passwords, and shall not disclose trading account numbers and passwords to third parties. If clients leaks or has other forms of cooperation with a third party other than Pine FX, the clients shall bear the risks that may arise, which has nothing to do with Pine FX.
During the holidays, market conditions may fluctuate violently, the liquidity of banks may be insufficient, and the trades may be congested, resulting in slippage, spread widening, and order rejection. In order to avoid uncontrollable losses, Pine FX adopts a straight-through floating spread trading mode. The data and risk events may cause the market to be instantaneous, rapid, and substantial fluctuations, and the market liquidity is severely insufficient.Pine FX cannot guarantee that all the clients’ pending orders, preset stop-loss and take-profit orders are triggered at the clients’ preset points, nor can it ensure that the ratio of liquidation will be executed accurately, as well as the stop-out due to insufficient funds available in the account and spread widening.
Pine FX reminds you to pay attention to the net value of the account and the occupied margin in time, and take appropriate countermeasures for risk control.