RISK DISCLOSURE STATEMENT
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 subscribing for the services provided by FX Trade Action (FXTA), you acknowledge that you have not sought advice from FXTA regarding the appropriateness of forex trading for you, and FXTA has not provided any such advice to you.
You agree and acknowledge further that the services provided to you by FXTA are not, and are not intended to be, an offer or solicitation to enter into any forex transaction. You acknowledge that it is solely your decision. You understand that past performance associated with FXTA services, whether actual, hypothetical, or historical is neither necessarily indicative of nor a guarantee of future performance or success.
Based on the foregoing, you agree that you shall not seek to hold FXTA responsible for any losses associated with your FXTA services. 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 FXTA and you, you agree to indemnify and hold FXTA harmless therefrom.
By using services offered by FXTA the user agrees that the author and any other entities associated with FXTA shall not be held liable for any direct, indirect, consequential loss or any damages whatsoever arising from this usage, or the use of any information, messages, education, and any other information contained or disseminated in regard to its use and understanding. Use FXTA services at your own risk.
FXTA does not hold itself out as a Commodity Trading Advisor (CTA). Given this representation, all information and material provided by FXTA is for educational purposes only and should not be considered specific investment advice. FXTA is not providing this information as advice, nor are we providing this information based on or tailored to your specific circumstance or trading activity. The information that we provide, or that is derived from our website, should not be a substitute for advice from an investment professional.
Electronic Trading Risks
Before you engage in transactions using an electronic system, you should carefully review the rules and regulations of the exchanges offering the system and/or listing the instruments you intend to trade. Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. You should understand these and additional risks before trading.
Sharing Information
Privacy matters are very important to us and all available resources and processes are implemented to make sure your information remains safe and secure. We do not sell, license, lease or otherwise disclose your personal information to any third party for any reason.
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. YOU SHOULD ONLY TRADE FOREX WITH FUNDS THAT YOU CAN AFFORD TO LOSE.
TERMS AND CONDITIONS
Subscription:
To make our service affordable to small and large trading accounts we have established a monthly fee of $197 per month.
Payments are automatically charged the day after expiration of the current monthly subscription. Monthly subscriptions automatically renew each month unless cancelled.
Please note: When a subscription is cancelled or payment is declined, the trades that are currently opened through FXTA trade copier will remain open and must be closed by you manually through your MT4 platform.
Cancelations:
Cancellation must happen at least three (3) days before a subscription payment is scheduled to be charged. There will be no partial or prorated refunds and subscriptions are non-refundable. There will be an email sent confirming your cancelation.
To cancel your subscription email us at support@fxtradeaction.com
Broker:
Any MT4 broker will work! We do not recommend or endorse any one broker. Here is a list of brokers used by our current clients.
1. ATC Brokers
2. FXCM
3. Forex
4. FXDD
5. Oanda
Money Management:
Money management is the key. It is often said, that the most common fault of traders is not the trading strategy but the lack of implementing a proper money management strategy. For every $1,000 in you trading account FXTA trades one micro lot $0.10.
To maintain proper risk and reward you need to open an account for a minimum of $1,000.
VPS:
Our copier service is fully hosted which means you do not need a VPS or leave your computer on. You will still be able to log into your account to view all open, closed, and pending trades.
Trade Strategy:
The strategy is propriety! Our trading strategy is fully automated to keep human error and emotions out of the trades.
ELECTRONIC DELIVERY OF COMMUNICATIONS:
You agree and consent to receive electronically all communications, agreements, documents, notices and disclosures that are provided in connection with the FXTA trade copier.
We will provide these communications to you by posting them on the FXTA’s website and/or by emailing them to you at the primary email address listed in your agreement.
UPDATING YOUR CONTACT INFORMATION:
It is your responsibility to keep your primary email address up to date so that FXTA can communicate with you electronically. You understand and agree that if FXTA sends you an electronic communication but you do not receive it because your primary email address on file is incorrect, out of date, blocked by your service provider, or you are otherwise unable to receive electronic communications, FXTA will be deemed to have provided the communication to you.
Please note that if you use a spam filter that blocks or re-routes emails from senders not listed in your email address book, you must add FXTA to your email address book so that you will be able to receive the communications we send to you.
You can update your primary email address at any time by emailing FXTA.
Our Commitment to Privacy:
Privacy matters are very important to us and all available resources and processes are implemented to make sure your information remains safe and secure. We do not sell, license, lease or otherwise disclose your personal information to any third party for any reason.
