RISK STATEMENT
BEFOR START - YOU NEED TO KNOW

- Effects of Leveraged Trading
When we speak of potential profit, there is always risk. Spot FOREX transactions carry a high degree of risk. Prices can often be volatile and unpredictable. In addition the ability to utilize a high degree of leverage can enhance that risk. The initial margin requirement per contract is small relative to the absolute value of the Spot FOREX Contract. A margin deposit of $2,000 for example, can control one contract with a market value of approximately $100,000. A relatively small market movement or fluctuation against one's position will have a proportionately larger impact on the funds deposited. This may work against you or may work in your favor depending on which the way the market moves. You may sustain a total loss of your initial margin deposit and any additional funds deposited to maintain your position. Given the possibility of incurring substantial losses, you should only speculative with risk capital or funds that you as an individual or an institution can afford to lose.

- Off-Exchange Transactions
Spot FOREX transactions are not conducted on organized exchanges. The firm that carries your account is Solid Gold Financial Services, is the counter-party to your transaction. For unforeseen reasons or fundamental factors that are "random" in nature, it may be difficult or impossible to liquidate an open position, to assess the value, to determine a fair price or to assess risk exposure. For these reasons, these transactions may involve increased risks.

- Market Opinions Expressed by Representative
Any opinions expressed by account executives of Globallink as to the future direction of specific currency prices do not necessarily represent those of Globallink, and are not guaranteed in any way. In no event shall Globallink have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party as a result of the information provided on this web site, or because of any delays, inaccurate information, errors or omissions of information.

 

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