NO GUARANTEES OF PROFIT
There are no guarantees of profit nor of avoiding losses when trading online contracts. Customer has received no such guarantees from Glory-Finance or from any of its representatives. Customer is aware of the risks inherent in trading online contracts and is financially able to bear such risks and withstand any losses incurred.
When Customer trades online (via the internet), Glory-Finance shall not be liable for any claims, losses, damages, costs or expenses, caused, directly or indirectly, by any malfunction, disruption or failure of any transmission, communication system, computer facility or trading software, whether belonging to Glory-Finance, Customer, any exchange or any settlement or clearing system.
Glory-Finance is not responsible for disruption, failure or malfunction of telephone facilities and does not guarantee its telephone availability. For the avoidance of doubt, Customer is aware that Glory-Finance may not be reachable by telephone at all times. In such cases Customer shall place his/her order through other means offered by the Company.
OVERNIGHT POSITIONS ARE RISKY
Holding large positions, especially after the close of the relevant market, may result in considerable losses. Opening prices (next day) can be significantly different from the previous day’s closing prices; also, trading in CFD’s with respect to securities can unexpectedly be halted during trading hours for a variety of reasons and prices can vary dramatically at the re-opening of trading with no interim capabilities of trading during such time periods. Such prices changes may significantly change the result of stop-loss orders.
Use of Leverage or Margin.
Use of Leverage or Margin May be a Speculative and Costly Strategy. Trading using Margin is generally used by traders as a way to increase their purchasing power in order to be able to open a larger position without paying for it in full. Trading on leverage or margin, or the use of leverage generally, may result in losses beyond the initial investment or deposit. Extreme caution should be exercised relative to your use of a margin account. Company Makes No Warranty Regarding the Effectiveness, Accuracy or Efficiency of the Trading Platforms From time to time, Traders may have difficulty accessing their account data due to a possible myriad of technical problems. Glory Finance Capital Venture makes no warranty of merchantability, no warranty of fitness for a particular purpose, and no other warranty of any kind, express or implied, regarding this service, data or information provided thereby, or any aspect regarding the order entry or execution services, except as required by applicable law, regarding possible damages, including, but not limited to, lost profits, trading losses or damages that result from reliance on inaccurate data, or delay or loss of access to customer account execution services.