1. Introduction

This Risk Disclosure Statement is provided by Cortis FX ("we," "us," or "our") to inform you ("client," "you," or "your") of the potential risks involved in trading financial instruments, including foreign exchange (Forex), contracts for difference (CFDs), commodities, indices, cryptocurrencies, and other related products. Before opening an account and conducting transactions with Cortis FX, it is crucial that you fully understand the risks involved and carefully consider your financial situation and risk tolerance. Trading these products may not be suitable for all investors, and you could incur substantial losses exceeding your initial investment.

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2. General Risk Acknowledgment

• High-Risk Investment: Trading leveraged products such as Forex and CFDs carries a high level of risk to your capital. Prices can move rapidly against you, resulting in significant losses. You should not invest money that you cannot afford to lose.
  
  

• No Guarantees: There are no guarantees of profit in financial trading. Past performance is not indicative of future results. Market conditions can change rapidly, and trading strategies that were successful in the past may not be successful in the future.

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3. Leverage Risk

• Amplified Losses: Leverage allows you to control large positions with a relatively small amount of capital. While this can magnify profits, it can also magnify losses. A small market movement against your position can result in substantial losses and may require you to provide additional funds to maintain your positions.
  
  

• Margin Calls: Failure to maintain sufficient margin in your account can lead to the automatic closure of your positions (stop-out), potentially at a significant loss. It is your responsibility to monitor your account and ensure adequate margin at all times.

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4. Market Risk

• Volatility: Financial markets can be highly volatile. Prices can fluctuate rapidly and unpredictably, which may result in significant losses over a short period.
  
  

• Gapping: Price gaps can occur when the price of an instrument jumps from one level to another without trading at the levels in between, often due to economic events or market announcements. Gapping can result in orders being executed at unfavorable prices, leading to unexpected losses.

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5. Liquidity Risk

• Market Liquidity: Under certain market conditions, it may become difficult or impossible to execute orders at desired prices due to a lack of liquidity. This can occur during volatile market conditions or outside of regular trading hours.
  
  

• Instrument Liquidity: Some financial instruments may have lower liquidity than others, affecting the ability to enter or exit positions at favorable prices.

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6. Counterparty and Credit Risk

• Counterparty Risk: When trading with Cortis FX, you are exposed to the risk that we may default on our obligations. Although we take measures to mitigate this risk, it cannot be entirely eliminated.
  
  

• Credit Risk: You are also exposed to the risk that issuers of financial instruments may default on their obligations, affecting the value of your investments.

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7. Technical and System Risk

• Electronic Trading: Trading through an electronic platform is subject to risks associated with system failures, hardware and software issues, network connectivity problems, and other technical malfunctions. Such failures may result in delayed or failed order execution, incorrect order placements, or inability to access the trading platform.
  
  

• Communication Failures: Interruptions in communication systems may cause delays in receiving market data or executing transactions, potentially leading to losses.

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8. Regulatory and Legal Risk

• Changes in Regulations: Financial markets are subject to various laws and regulations that can change without notice. Such changes may impact your positions, trading conditions, and the legality of certain trading activities.
  
  

• Taxation: Profits from trading may be subject to taxation in your jurisdiction. It is your responsibility to understand and comply with applicable tax laws.

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9. Foreign Exchange Risk

• Currency Fluctuations: If you are trading in a currency other than your base currency, changes in exchange rates can impact your profits and losses. Adverse currency movements can increase losses or reduce profits.

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10. Third-Party Risk

• External Providers: Cortis FX may use third-party providers for services such as payment processing, market data, and liquidity provision. We are not responsible for failures or errors caused by these third parties, which may affect your trading activities.

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11. Operational Risk

• Internal Processes: Failures in our internal processes, people, and systems can result in losses. While we strive to maintain robust operational procedures, such risks cannot be entirely eliminated.

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12. No Investment Advice

• Information and Education: Any information, analysis, or educational material provided by Cortis FX is for informational purposes only and does not constitute investment advice. Decisions to trade are made solely by you, and you are responsible for understanding the risks and strategies involved.

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13. Client Responsibility

• Knowledge and Experience: You should ensure that you have sufficient knowledge and experience to understand the nature and risks of the products you are trading.
  
  

• Monitoring Positions: It is your responsibility to monitor your positions and account balance continuously. You should be prepared to act quickly to mitigate potential losses.
  
  

• Independent Advice: We strongly recommend seeking independent financial, legal, and tax advice before engaging in trading activities to ensure they are appropriate for your circumstances.

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14. Acknowledgment
By opening an account and trading with Cortis FX, you acknowledge that you have read, understood, and accepted this Risk Disclosure Statement. You confirm that you are aware of the risks involved and are financially able to bear such risks and withstand any losses incurred.

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15. Contact Us

If you have any questions or require further clarification regarding this Risk Disclosure Statement, please contact us at:

Cortis FX
[email protected]
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Disclaimer: This Risk Disclosure Statement may be updated periodically. Please ensure you review it regularly to stay informed about the risks associated with our services.