TradeSlapper.com Forex Trading Risk Statement and Liability Agreement
Updated 26 March 2024

Forex (foreign exchange) trading involves significant risk and is not suitable for all investors. Before engaging in forex trading, it's important to carefully consider the risks involved and to be aware of the potential for financial loss. The following are key risks associated with forex trading:

• Market Risk: Fluctuations in currency exchange rates can result in significant losses. The forex market is highly volatile and can be influenced by various factors such as economic indicators, geopolitical events, and market sentiment.
• Leverage Risk: Forex trading often involves the use of leverage, which allows traders to control larger positions with a relatively small amount of capital. While leverage can amplify profits, it also magnifies losses. Traders should be aware of the risks associated with leverage and use it judiciously.
• Liquidity Risk: The forex market is decentralized and operates 24 hours a day, five days a week. However, liquidity can vary depending on the currency pair and time of day. Low liquidity can lead to wider spreads and increased slippage, which may affect trading results.
• Interest Rate Risk: Changes in interest rates set by central banks can impact currency values. Traders should stay informed about monetary policy decisions and their potential effects on exchange rates.
• Political and Economic Risk: Geopolitical events, economic data releases, and political instability can all influence currency prices. Traders should be prepared for unexpected developments and their potential impact on the forex market.
• Counterparty Risk: Forex trades are often executed through brokers or financial institutions, exposing traders to counterparty risk. It's essential to choose a reputable broker with robust risk management practices to minimize the risk of default.
• Technical Risks: Technical issues such as platform downtime, connectivity issues, or software glitches can disrupt trading activities and lead to losses. Traders should have contingency plans in place to address technical issues promptly.
• Psychological Risk: Emotions such as fear, greed, and overconfidence can cloud judgment and lead to impulsive trading decisions. Maintaining discipline and adhering to a trading plan can help mitigate psychological risks.
• Regulatory Risk: Forex trading is subject to regulation in many jurisdictions, and regulatory changes can impact trading conditions and account protections. Traders should stay informed about regulatory developments and ensure compliance with relevant laws and regulations.
• Risk of Loss of Capital: Despite careful risk management, there is always a risk of losing the capital invested in forex trading. Traders should only trade with funds they can afford to lose and consider seeking professional financial advice if necessary.
• Automated Trading: Use of automated trading assistants, expert advisors, algorithms, bots, or bot orchestrators, does not absolve the investor of risk in any way. Any use of automated trading and the gains or losses made thereby are entirely the responsibility of the investor.
• U.S. Government Required Disclaimer - Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. 
• The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer. Neither us, nor our affiliates or associates involved in the production and maintenance of these products or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. 
• Clearly understand this: Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital. 
• *CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. 

You as the client are in all ways responsible for any financial loss incurred while using products offered by this website. TradeSlapper.com and its owners are in no way responsible for losses experienced by users of our products. As much as possible, we have done our due diligence to eliminate all programming bugs discovered by or reported to us. However, because there is no perfect software, there may still be undiscovered bugs which could contribute to technical risks outlined above and financial loss. Please report any suspected bugs or glitches to us via our support page and will do our best to investigate and, where applicable, patch the bug and release an updated version of the product.

In conclusion, forex trading offers opportunities for profit, but it also carries significant risks. Traders should educate themselves about the forex market, develop a robust trading plan, and manage risk diligently to enhance their chances of success.