Work in the international currency market involves high profit as well as a high degree of risks due to
fluctuation in prices, which cannot always be accurately predicted. Therefore, before starting to trade
you need to clearly understand that trading of currencies and other instruments by using leverage is
associated with high degree of risk and may not be suitable for all investors. This document covers
main risks a Forex trader may face, and sets out the rules governing work in the foreign currency
1. Risks arising from marginal trade
1.1. High leverage and low margin can lead to the loss of funds due to price fluctuation. Even minor
movement in the Forex market will have proportionally much higher impact on the funds involved in
trading because of the use of leverage. In case market moves in the opposite direction against the
position opened by you and/or in case the value of the required margin increases, you will urgently
need to deposit additional money as required. A client shall clearly realize that his/her inability to
maintain loss-making positions may result in losing part or all of the invested funds in the event of
adverse changes in exchange rates of currencies or other tools.
1.2. The Company is not responsible for the losses incurred by a Client as a result of disregard for the
use of limit orders (for example, stop-loss), which are aimed at limiting losses in case of changes/price
movement against the position opened by a Client.
1.3. Certain circumstances in the market (such as the lack of liquidity), as well as market specific
conditions (time of transaction, work hours of the market, etc.) can increase the chances of losing
funds, and may make it impossible to place limit orders or close position.
1.4. The Client shall understand that in the event of conducting transactions in the market under the
jurisdiction of a foreign country, such transactions shall be in accordance with the rules and
regulations of that country, and thus these may offer different or diminished levels of protection.
Therefore, prior to starting to trade in the Forex market the Client is required to learn and be familiar
with the types of compensation and rules applicable under jurisdiction of the Client’s country or in
other relevant jurisdictions. It is important to remember that local regulatory authority of the Client
will not be able to force the markets under other jurisdictions comply with the laws ruling in the
1.5. Before opening a trade, a Client shall understand and be aware of the requirement to pay
commissions and other fees, which will affect the final trading outcome.
1.6. When a Client deals with the foreign currency other than the currency of his/her trading account,
he/she shall be aware of all losses/adjustments, associated with conversion of the amount of the
income into the currency of his/her account.
2. Risks associated with technical aspects
2.1. The Client shall be aware of his/her liability for losses incurred as a result of faulty software,
telecommunication equipment and other technical problems arising through no fault of the
brokerage company. The Company is not responsible for the failures of the third party software.
2.2. If the Client resends an order prior to receiving previous results, he/she bears responsibility for
the results of all unplanned trades.
2.3. The Client accepts the necessity to keep passwords safe, giving access to the Client Area and to
trading accounts, on the secure information storage media, and under no circumstances he/she shall
transfer secret data to the third parties.
2.4 The Company is not responsible for consequence arising from the disclosure by a Client of his/her
secret information to third parties and for the unauthorized access to the Client’s e-mail by the third
3. Risks related to major-force circumstances
3.1. In case of major-force conditions resulting in market instability, the Company is not liable for
the losses incurred by the Client, due to sharp decline in liquidity and changes in price trend,
associated with outbreak of hostilities, natural disasters, acts of terrorism, suspension of currency
trading, etc., and which is beyond the control of the brokerage company.
Note also, that due to the high risks involved in trading in the Forex currency market, a trader should
not carry out trading operations in the absence of sufficient funds to maintain open positions, which
he/she can afford to lose.try, if trades have been conducted in the markets under other jurisdictions.
Forex trader aims at increasing capital; therefore, the more money he/she deposits in his/her trading
account, the faster he/she gains profit in case of successful transactions. However, in the event that
a trader has invested funds for conducting trading operations, the loss of which can adversely affect
the life of this trader, he/she will find it difficult to preserve emotional control needed for achieving
success in trading
Risk Warning. Trading on financial markets carries risks. Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Click here for our full Risk Disclosure.
VITAFX service is not provided to the citizens (residents) of the United States of America, Canada, Israel, Belgium, Japan and citizens of any state or country where the service is not made available.
VITAFX is owned by VITA IMPEX LTD 13 Chapman Street, London,United Kingdom, E1 2NN , licensed by the “Markets Financial Authority” MFA ,regulated in accordance with the registration number CN4500214 and International Regulator & Brokerage e-Markets IRBEM, regulated in accordance with the registration number CN12804463