Foreign exchange risk

Foreign exchange trading can be an extremely lucrative occupation, however the risks involved are equivalent to the potential for gains or losses.

Currency trading risk disclaimer

 

The risk disclaimer is meant to inform the user of the potential financial risks of engaging in foreign exchange trading. The transaction of such financial instruments known as forex, fx, currency and dealt on a valued basis known as 'spot' or 'forward' can contain a substantial degree of risk. Before deciding to undertake such transactions with YOORforex, and indeed any other firm offering similar services, a user should carefully evaluate whether his/her financial situation is appropriate. Trading foreign exchange may result in substantial loss of funds and/or complete loss of funds and therefore should only be undertaken with risk capital. The definition of risk capital is funds that are not necessary to the survival or well being of the user. YOORforex recommends that a user considering trading foreign exchange products read through all the main topics contained in the YOORforex website so that he/she may obtain a clear and accurate understanding of the risks inherent to fx trading. Opinions and analysis on potential expected market movements contained within the YOORforex website are not to be considered necessarily precise or timely and due to the public nature of the internet, YOORforex cannot at any time guarantee the accuracy of such information. Trading on-line no matter how convenient or efficient does not necessarily reduce the risks associated with foreign exchange trading and YOORforex does not accept any responsibility towards any customer, member or third party acting on such information contained on the web site as to the accuracy or delay of information such as quotations, news and charts YOORforex derived from quotations. Additionally  does not accept responsibility for any losses or lost trading opportunities deriving from interruptions in online communications or generally technical problems rendering YOORforex's dealing software unavailable. A physical telephone dealing desk is maintained 24 hours per day, Sunday to Friday as an alternative method of communication meant to service customers with their transactions should the online dealing software suffer any temporary interruptions.

If you do not understand the risks involved in trading foreign exchange, do not trade it. If you need clarification you can contact customer support and an
YOORforex representative can fully explain all the risks involved in making foreign exchange transactions.