High Risk Investment

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

SpartanForex Market Opinions

Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. SpartanForex will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Internet Trading Risks

There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since SpartanForex does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. SpartanForex uses backup systems and contingency plans to minimize the possibility of system failure.

Accuracy of Information

The content on this website is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. SpartanForex has taken reasonable measures to ensure the accuracy of the information on the website, however, does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website.

Distribution

This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.

Market Risks and Online Trading

The trading platform provides sophisticated order entry and tracking of orders. SpartanForex will make best efforts to fill your trade at the price requested. Trading on-line, no matter how convenient or efficient does not necessarily reduce risks associated with currency trading. All quotes and trades are subject to the terms and conditions of the Client Agreement accessible through this website.

Gapping/Volatility

When economic data releases or major news events are announced, prices may “gap” as the market reacts and adjusts to the news, i.e., prices may move dramatically in a short period of time. We aim to provide continuous liquidity while markets are open, but in extreme market conditions there may temporarily be no available liquidity. Price gaps are also common when trading resumes after a weekend or holiday. You should be aware of the following risks associated with volatile markets:

• Stop loss and take profit orders may be executed at a different price from the requested price, or the last quoted trade price at the time of order entry. Limit orders may show substantial losses shortly after being executed.
• Margin levels which looked fully adequate before the price gap may suddenly be rendered inadequate. In extreme conditions account equity could end up being negative after a forced liquidation. Margin requirements are subject to change without notice, at the sole discretion of Spartan.
• Opening prices may differ significantly from the previous close for markets (such as precious metals) which do not trade during certain hours of the trading week. Sunday’s opening prices may (and frequently do) differ from Friday’s closing prices. While the prices on the Sunday open are often near those of the Friday close, at times there may be a significant difference between the two. The market may gap if there is a significant news announcement or an economic event changing how the market views the value of a currency. Traders holding positions or orders over the weekend should be fully comfortable with the market’s potential to gap.
• Traders who fear the risk of a gap between Friday and Sunday prices is high, or that the risk of holding a position over the weekend is not otherwise appropriate for their trading style, may simply close out orders and positions before Friday’s close. It is imperative that traders who hold open positions over the weekend understand that the potential exists for major economic events and news announcements to affect the value of your underlying positions. We encourage all traders to take this into consideration before making a trading decision.