Risk Warning

We only provide general product information. Therefore, before applying for an account, you must consider your investment objectives, financial situation and needs, and the high risk of trading foreign exchange margin and CFDs. We advise you to read the Financial Services Guide carefully and then consult your independent financial advisor, tax advisor and other professional advisors. We can not guarantee your results in the transaction.

We only provide general product information. Therefore, before applying for an account, you must consider your investment objectives, financial situation and needs, and the high risk of trading foreign exchange margin and CFDs. We advise you to read the Financial Services Guide carefully and then consult your independent financial advisor, tax advisor and other professional advisors. We can not guarantee your results in any transaction..

When you trade foreign exchange margin and CFDs, your profit or loss stems from the rise or fall in the price of the trading product. You need to know that you are not trading in real foreign exchange or futures index contracts such as gold and silver and other bulk commodities. You are trading on a price-based CFD, with no real exchange or bulk commodity transactions, and are financial derivatives..

When you trade on our trading platform, you are engaging in over-the-counter (OTC) transaction of a derivative financial contract, where orders can not be transferred. This means that you are dealing with us directly, and these transactions (positions) can only end in our time. In other words, foreign exchange margin and CFDs are directly traded with our issuer, not through exchanges, such as the American Stock Exchange. As a result, your profit is not related to profit in other markets.

When you make a foreign exchange margin transaction, you only need a small margin to open a position. For example, if you buy AUD/USD worth $10,000 and the margin ratio is 0.5%, it takes you only $50 to open the position thereof. However, your risk in the market is $10,000. If your position is profitable by 10%, you will earn $1000. If your position suffers a loss by 10%, you will lose $1000. The profit and loss of your transaction is related to the position size you have opened. FARZ leverage comes from the background clearing bank to provide a better advantage to increase/decrease the margin ratio for each product. Therefore, FARZ reserves the right to change such leverage due to the liquidity and risk control provided by the bank.

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The price and order execution on our trading platform is determined by the price and liquidity of the exchange and the market, as well as the data collected by our issuer. The price of your trading product may fluctuate rapidly in financial markets. Any changes in product quotation and spreads will have a direct impact on your account funds and positions. Price fluctuations can lead to a common phenomenon known as the Gap, which is due to the current price suddenly turned into another level of the price. This phenomenon may have arisen from an unexpected economic event or market announcement, especially if the information occurs outside the trading hours. So you may not have the Opportunity to open or close between the two prices. The platform will be in the next closest to the market price to help you deal. You are responsible for the risk of price gap, and your loss is likely to exceed your account’s net assets, making the account balance negative.

Trading slippage. Slippages are also the risks that traders need to face in the course of a deal. Slippage is the inconsistence of the actual transaction price of the trader to the preset transaction price due to the rapid price fluctuations. FARZ takes the transaction mode of direct access to the market, all transactions shall be executed after the prices are confirmed by the backstage clearing bank. Therefore, traders must be aware of that any slippage is normal during the transaction. In addition, the price of pending orders (including pending orders open a position or pending orders close a poaition) is for reference only, the final transaction price to the bank’s actual transaction price shall prevail. You need to understand that in the fast-moving market, the actual result of a pending order may differ from your preset results. 7. Compulsory closing position risk

You should keep the existing fund in your account at a level higher than the compulsory closing position (with the prepaid fund ratio staying above 50%) at any time, or your positions will be closed compulsorily one by one. However, please do not rely entirely on the system automatically compulsory closing position. It is your responsibility to keep track of your positions, account balances and account values through the trading platform. In order to prevent compulsory closing position, you should deposit sufficient funds in your account to prevent any potential loss or risk in transaction. Note that even if the funds you have previously deposited are sufficient at the time, it may become not enough quickly due to the rapid changes in the market. In addition, in the case of rapid market fluctuation, even if the hedge against each other (locked position) list is also possible because of the rapid fluctuations in prices led to the lock list are compulsorily closed. Remember to based on the level of funding inside your account, open the right position. Do not open too large positions to make you lack of defensive space.

When you open an account in our company and open a margin position, you purchase a trading contract and we are your trading contract provider. In this case, the risk of the transaction is that we may not be able to fulfill your contractual obligations under uncontrollable circumstances. This may be because we or our own trading partners (such as providing us with hedging institutions) default. We can not guarantee the performance of your trading contract under the influence of uncontrollable factors. In addition, if your trading method and trading strategy are contrary to our risk control regulation, we have the right to refuse to fulfill the contractual obligations, including your trading profit and proxy rebate.

Technical risks and other situations which may affect your transaction. All customers’ funds are completely separated. This means that all customers’ money is independent, separated from our operating funds. The customer‘s deposit is placed on our independent trust account for maintenance and operation. In any uncontrollable situation, your funds will still be at risk. The situation may cause us fail to execute the order or to prevent you from entering our trading platform. This includes system errors or termination of supply, maintenance phase, network connectivity issues, or some third-party errors (such as network providers or power companies) that you or we can not control. We have an emergency response on these issues, but sometimes you may still not be able to enter the trading platform. These technical risks and contingencies can pose a risk when you want to open or close position. Who are the backstage clearing partners of FARZ