By utilizing this website and/or trading systems referred herein, you agree to be bound by these terms and conditions contained in this “Risk Disclosure” section. This is a legal agreement (Agreement) between you and TheForexPortal (TFP) for use of the website and any trading systems provided through ZuluTrade or Collective 2. If you do not agree with the terms of this Agreement, close this website and do not use trading systems or information contained herein.
FOREXT TRADING IS HIGH RISK. YOU CAN LOSE ALL OF YOUR MONEY TRADING FOREX.
YOU CAN LOSE ALL OF YOUR MONEY, AND MORE, IF YOU TRADE FOREX. DO NOT TRADE FOREX WITH MONEY YOU CAN’T AFFORD TO LOSE. FOREX TRADING INVOLVES A REAL RISK OF LOSS.
NO “SAFE” TRADING SYSTEM HAS EVEN BEEN DEVISED. USE OF TFP TRADING SYSTEMS OR INFORMATION ON THIS WEBSITE DOES NOT GUARANTEE PROFITS OR FREEDOM FROM LOSS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
ACCEPTANCE OF RISK BY WEBSITE USER
By viewing this website and/or using our trading systems, you fully understand and agree that forex markets are subject to numerous implicit and explicit risks, none of which TFP can control or influence. You therefore acknowledge and agree that all trading is solely at your own risk. You should be aware of all the risks associated with trading and you should seek advice from an independent financial advisor before trading.
LIMITATION OF LIABILITY
TFP shall not be responsible and disclaims all liability for any loss, liability, damage (whether direct or consequential) of any nature whatsoever which may be suffered as a result of or which may be attributable, directly or indirectly, to the use of any trading system, information, opinion, recommendation, link or service contained in or provided through this website.
HIGH RISK INVESTMENT
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade forex you should carefully consider your objectives, financial situation, needs and level of experience. TFP provides only general commentary without regard to your objectives, financial situation or needs. General advice given, or the content of this website are not intended to be personal advice and should not be construed as such. The possibility exists that you could sustain a loss in excess of capital you use to trade forex. You should be aware of all the risks associated with trading on margin. TFP recommends you seek advice from an independent financial advisor.
TFP TRADING SYSTEMS
General risk disclosure
This website does not make any representation whatsoever that the trading systems listed herein might be or are suitable or that they would be profitable for you. Please realize the risk involved with trading forex and consult an investment professional before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these trading systems, it is your decision.
Specific risk disclosure regarding use of stops
Stops used in our trading systems operated through ZuluTrade and C2 are discretionary stops which may be removed at any time and for any reason at the sole discretion of TFP. For the purposes of clarification, STOPS do not guarantee a capped loss for a trade and the actual loss can exceed the amount set by the STOP. Further particulars regarding stops used on our systems operated on ZuluTrade and C2 is set out below.
Based on the historical track record of TheForexPortal signal provider account on ZuluTrade, since its inception to 20 May 2015, the average loss per losing trade is -38.97 pips. As noted above, our STOP is a discretionary STOP and thus the loss for certain trades has exceeded the initial maximum STOP of -40 pips. The largest loss for a single trade since the introduction of my custom made indicator in December 2014 is -147.8 pips. A full record of all trades (including the profit and loss made for each trade) is available at ZuluTrade.
In periods of high volatility and widening spreads the STOP in some cases may be removed in order that a trade is not prematurely closed. This can be a high risk strategy as should the price surge against the trade then the trade could lose considerably more than 40 pips.
It must always be remembered that trading carries considerable risks and although every effort is taken to reduce risks they nevertheless do exist. There is a feature built into ZuluTrade called ZuluGuard. STOPS can be manually changed, entered or removed and parameters set to safeguard your account.
Although STOPS are usually applied to all Collective2 trades in normal conditions, they are discretionary and maybe removed if circumstances demand. Because the trades on Collective2 are designed to be more long term than those trades on ZuluTrade, the STOPS reflect the nature of this trading method. As a result STOPS can be in excess of 200 pips.
TFP NOT RESPONSIBLE FOR SERVICES PROVIDED BY C2 AND ZULU
TFP is in no way responsible for the performance of services provided by C2 and Zulu. TFP 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 services provided by C2 and Zulu. There are risks associated with utilising an internet-based deal-execution trading system (such as those provided by C2 and Zulu) including, but not limited to, the failure of hardware, software, and internet connection.
TFP IS NOT AN ADVISER
The information on this website is not intended to and does not constitute financial, tax, legal, investment, consulting or other professional advice, and TFP does not purport to act in any way as a financial advisor.
ACCURACY OF INFORMATION
Any information, research, opinions and/or recommendations contained in this website are for general information purposes only, and are and must be construed solely as statements of opinion and not statements of fact. Whilst care is taken by TFP in the preparation of the contents hereof, no warranty, express or implied, as to the accuracy, timeliness, completeness, merchantability or fitness for any particular purpose of any such information is given or made by TFP in any form or manner whatsoever. All information, recommendations or opinions on this website are not intended to provide exhaustive treatment of any subject dealt with and must be weighed solely as one factor in any investment or other decision made by or on behalf of any user of the information contained herein. Such user should consult its own investment or financial or other advisors before making any decision. This website may include technical, typographical or other inaccuracies. Changes are periodically made to the information on this website. TFP reserves the right to alter or amend any information on this website without notice. TFP is under no obligation to update any information on this website.
TFP 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. TFP 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.
Information on this website is provided on the basis that any legal relation that may arise out of its review is exclusively governed by the laws of England and Wales.