Risk Disclosure Statement, Disclaimer And Indemnification
Trading spot foreign currencies (“forex”) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources. By acknowledging this statement and contracting for the services provided by Paramount FX, LLC, you acknowledge that you have not sought advice from Paramount FX, LLC regarding the appropriateness of forex trading for you, and Paramount FX, LLC has not provided any such advice to you.
You agree and acknowledge further that the trading signals provided to you by Paramount FX, LLC are not, and are not intended to be, an offer or solicitation to enter into any forex transaction, or any type of trading or investment advice, recommendation or strategy. You acknowledge that it is solely your decision to determine which, if any, Paramount FX, LLC trading signals to use for trading (whether actual or simulated) at a Retail Foreign Exchange Dealer, Futures Commission Merchant or other financial institution (collectively referred to as “Financial Institution”), and whether to send all, some, or none of the Paramount FX, LLC trading signals to such Financial Institution for execution.
You understand that past performance associated with any trading signals offered by Paramount FX, LLC, whether actual, hypothetical or historically “back-tested” is neither necessarily indicative of nor a guarantee of future performance or success.
Trading Paramount FX, LLC signals may result in the total loss of the funds that you deposit at a Financial Institution, and you may incur losses in excess of your deposits. Leverage can work against you as well as for you, and can lead to large losses as well as gains. Moreover, funds held at such Financial Institution are typically not guaranteed or insured against misappropriation or the bankruptcy of the Financial Institution. You should only trade forex with funds that you can afford to lose.
Based on the foregoing, you agree that you shall not seek to hold Paramount FX, LLC responsible for any losses associated with any trading signals provided to you by Paramount FX, LLC. In the event that any claims, suits, actions, damages, liabilities, obligations, losses, or expenses (including reasonable attorneys’ fees) arise out of or relate to the relationship between Paramount FX, LLC and you, and/or any trading signals provided by Paramount FX, LLC to you, you agree to indemnify and hold Paramount FX, LLC harmless therefrom.
THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF THE FOREX MARKETS. YOU SHOULD CONSULT WITH YOUR FINANCIAL ADVISOR PRIOR TO TRADING FOREX.