Terms & Conditions in forex trading / Risk Warning for traders
Global Trade Forex LLC - Terms of Service.
www.globaltradesforex.com is a website owned and operated by Global Trades Forex LLC (the “Company”). By accessing the website and any pages thereof, you agree to be bound by the terms of use and privacy policy, as each may be amended from time to time. Global Trades Forex LLC is not a registered broker, dealer, investment manager, or registered funding portal nor trader in forex trading. Global Trades Forex provides information for informational purposes and copy-trade signals.
Risk Warning
In Forex trading between 74-89% of retail investor accounts lose money when trading CFDs. If you are a trader you should consider whether you can afford to take the high risk of losing your money.
Market recommendations are solely informational and the choice that you make is yours.
In Forex trading or any other trading as a trader the recommendation that we make regarding the market is purely informational based on the stats that we have analyzed. It is the discretion of the customer to choose or ignore the recommendations and it is an independent decision on your part. We are not acting as your advisor and we are not liable for the damages, expenses, and losses that may be incurred because of subsequent investment. The recommendation serves merely as information that can guide you. The decision to follow it is your own choice.
Recommendations are made from personal judgments.
The recommendations that we have listed at our site come from our own personal judgment in Forex trading and traders alike. We do not guarantee that they will always be consistent with market positions. We extract details from accurate and reliable sources but we cannot guarantee 100 percent accuracy all the time.
Customer may not be able to close the open positions.
Sometimes due to the market conditions in Forex trading , we may not be able to close the customer's position at the level which is specified by the customer or trader.
Internet Trading.
When you are Forex trading using the internet platform, there are a lot of different types of risks involved like hardware failure, software failure, internet connectivity issues, and so on. Since we are not responsible for IT infrastructure, router connectivity, PC issues, we will not be liable for any loss or damage to the trader that can be caused because of it. Further, any subsequent losses that arise because of the same will not be borne by us and you will be held responsible for the same.
Creditor Priority in Bankruptcy.
You should be familiar with protection accorded money and other property that you have deposited through Forex trading domestic and foreign exchange transactions. You as a trader should check the legislation and rules regarding the amount of money and property that you may have to forfeit if you are declared bankrupt.
Local Laws.
This site is not meant to be used by persons or traders in such a country where the use would be contrary to their local laws and regulations when Forex trading. It is the sole responsibility of the visitor to check that they are authorized to avail the site of the trading.
Signals & Alerts.
At Global Trade Forex, we provide signals via Telegram. By using our signals, you are agreeing that you are using the service at your own risk. We are neither a registered broker, dealer, nor broker-dealer. There is an extremely high level of risks involved in forex trading and so you should only use your risk capital for forex trading. The past results of our trade are not an indication of future returns. When you are using the signals, you assume complete responsibility for the profits or the losses that you make. You must agree to the fact that different platforms may have varying prices. At the same time, it is also feasible that by the time the trade alert is received, the data might have changed and moved in a different direction as well. So, you should use your evaluation to make the right trade when a fluctuation has occurred. The same thing applies for closing a trade as well.
Every FX Signal provided by Global Trade Forex includes exact entry price, 1 stop loss level and 3 take profit levels (TP1 – 20 Pips, TP2 – 50 Pips, TP3 – 100 Pips), date of an alert and traders comments (if any). All signals are market orders - you have to execute a signal once you receive an alert.
Global Trade Forex Risk management recommendations state:
“Use trailing stop, after your trade is reaching TP1 you shall move SL on other positions to entry level or into profit.”
In the event of the signal reaching at least one TP, the trade is not considered as a losing trade according to Global Trade Forex's Risk Management.
The Full Stop Loss is calculated when none of the TP has been reached.
We do not exclusively provide scalping signals.
All our trades have a variety of swing, day, scalp & position trading throughout each month.
Major pairs such as XAUUSD/GOLD can be considered shorter term scalp signals. However, we do not offer exclusivity on XAUUSD signals.
Disclaimer & Warranties.
The services in Forex trading will be provided "as is". Global Trade Forex does not cover warranties that concern the availability and usefulness of the information. Any damage or loss that is caused because of omission or misrepresentation, deletion, delay, defect, disruption, and so on is not a part of the warranties that we offer. We are not responsible for losses occurring to any trader due to failure on the transmission of information, internet trouble, network failure, computer virus, alteration of record, communication line failure. Global Trade Forex and our payment processing service providers are not liable for you or your third party transactions for any direct, indirect, or other incidental damage that can be caused due to service unavailability or failure to access the service.
Billing.
Subscribers and traders need to agree that the payments for their subscription cannot be disputed on grounds of trading losses when forex trading. In the end of the subscription, the customer will receive a reminder to renew the subscription or choose a different plan.
Copyrights & Trademarks.
Global Trade Forex is the owner and authorizer of any trademark that appears on the website or in any forex trading forums. No trader will ever have permission to use our intellectual rights. We are also the copyright owner of the content and information listed here unless it is otherwise indicated. You should not download or save any part of the content or take a screenshot or send it via email unless they are stated so. However, you can print a copy of the information for your own personal use and the information should not be circulated. If you use the website in such manner that it infringes your copyright laws, you are liable for legal actions.
Restrictions to the use of Services
By viewing Global Trade Forex’s website, you fully understand and agree to respect the proprietary rights of Global Trade Forex as a signal provider, and you represent that you do not desire to acquire from the Global Trade Forex any trade secrets in Forex trading or confidential information as a trader.
You represent that you will be using signals solely for your own trading account and that you will not be reproducing such signals with any third party platforms or services outside of your own trading account, without the written permission of Global Trade Forex. Immediately upon notice from Global Trade Forex that, in Global Trade Forex opinion, any use of services does not comply with this standard, you will cease such manner of use.
Furthermore you agree that Global Trade Forex may at its sole discretion disable your access to services at any time, in the case of system abuse or any infringement of any patent, copyright, trademark or other proprietary right or infringement upon a trade secret of Global Trade Forex, or other reasons described in these T&C.
Guarantees.
We DO NOT offer any guarantee regarding the profits you would make in Forex trading by using our services as a sole trader. The guarantees that we provide are only related to the good use of our service and are valid if you are a member and subscriber at the site. You need to follow all our instructions and alerts exactly as we instruct.
Coverring Loss.
We DO NOT cover ANY account losses in Forex trading for any trader. We provide lot size recommendation and it is only up to you if you will use that or will trade by your own beliefs. Forex is not for everyone and you should read our RISK section before anything.
Return Policy.
We do not approve returns for the payments of our services pertaining to any Forex trading, however we do have a cancel anytime policy for any trader. There is no automatic unconditional refund and the discounted subscription fees are accounted as sales final. It is the purchaser's responsibility to be thorough with the written guarantee. You must use the service for 30 days to understand how it works. It is not a get rich quickly scheme and one should be patient to see the increase in profits and right results to appear.
Do not hesitate in contacting us and reach us at the earliest.
*This is not a renewing payment and we will not charge your credit card again.
All our services will bring you benefits only if you follow all instructions, advice and indications.