Trading Leveraged Financial Products are highly speculative and is suitable only for those Customers who (a) understand and are willing to assume the economic, legal and other risks involved, and (b) are financially able to assume losses significantly in excess of Margin or deposits.
Customer represents, warrants and agrees that Customer understands these risks; that Customer is willing and able, financially and otherwise, to assume the risks of Trading with Leveraged Financial Products and that loss of Customer’s entire Account Balance will not change Customer’s life style.
The high leverage associated with trading with Leveraged Financial Products can result in significant losses due to price changes. Customers must maintain the minimum margin requirements on their open positions at all times. It is the Customer’s responsibility to monitor his/her account balance. KIMI FINTECH has the right to liquidate any or all open positions whenever the minimum margin requirement is not maintained. Increasing leverage increases risk.
There are no guarantees of profit or freedom from loss in Trading with Leveraged Financial Products. Customer has received no such guarantees from KIMI FINTECH or from any of its representatives. Customer is aware of the risks inherent in Trading with Leveraged Financial Products and is financially able to bear such risks and withstand any losses incurred.
Due to market conditions, Website maintenance, technical issues, system failure or other circumstances KIMI FINTECH may be unable to close existing position or open new position at the level specified by Customer, and Customer agrees KIMI FINTECH will bear no liability for failure to do so.
There may be third party or other attacks targeting computers/networks, spreading malware, running botnets, (D)DOS attacks, defacing websites, violations of network security, etc. which can material alter, intercept or otherwise interfere with the giving or execution of an Order or the transfer of funds to and from the Customer’s Account. Customer acknowledges, understands and accepts that KIMI FINTECH shall bear no responsibility or liability whatsoever for it.