The Client makes aware and guarantees that he/she has carefully considered a part of his/her asset (Owned Capital) as the Risk Capital. The Client acknowledges that the Risk Capital is an amount of money that he/she wants to dispose at risk and the loss of this amount will not much affect his/her prosperity.
when an unknown printer took a galley of type and scrambled make a type specimen book.
when an unknown printer took a galley of type and scrambled make a type specimen book.
1. The Client makes aware and guarantees that he/she has carefully considered a part of his/her asset
(Owned Capital) as the Risk Capital. The Client acknowledges that the Risk Capital is an amount of money
that he/she wants to dispose at risk and the loss of this amount will not much affect his/her prosperity.
2. The Client must be aware that the risk of loss in trading foreign exchange and CFD can be rather
substantial. Therefore, the Client needs to analyze their financial potential with regard to transactions very
carefully.
3. When Client opens account, he/she selects currency of deposit on his/her own (from those offered by
Company). In this currency all trading and non-trading operations on account are nominated settled and that
includes floating profit and loss, commission payments, and marginal requirements. Client accepts and
acknowledges all risks arising in the result of change of currency of deposit and is fully responsible for such
consequences.
4. When making non-trading operations, the Client independently chooses the method and currency of
transfer from the list proposed by the Company. The Client is aware of and takes into account all the risks
arising from changes in the Company's internal exchange rates, and fully responsible for their consequences.
5. The Client is subject to loss of all his initial equity and any additional equity deposited to support and
maintain positions in the market. Besides, market conditions can result in loss on positions that will exceed
remains of the money funds on a trading account of Client.
6. Placing of such limit orders as Stop-Loss will not necessarily limit your losses to the intended amounts,
as it may be impossible to execute such orders under certain market conditions.
7. A high level of fluctuations often observed in the foresaid trading with regard to not high margin
requirements can work for you as well as against you. Using fluctuations may result in both great loss and
great profit. The Client shall hold full responsibility for all risks, financial resources used and the chosen
trading strategy.
8. When executing trading operations through the client terminal, the Client shall assume the risk of
financial loss, which can be caused by
a) The failure of Client hardware, software and internet connection;
b) The improper operation of Client equipment;
c) The wrong settings in the client terminal;
d) Delayed client terminal updates;
e) The Client’s ignorance of the applicable rules described in the MetaTrader User Guide.
9. The Client shall acknowledge that only one request or instruction is in the queue of instructions/orders.
Any other request or instruction submitted by the Client can be declined.
10. The Client shall acknowledge that the only reliable source of quoting information is the server for
Clients with live accounts. The quote base in the client terminal shall not be considered a reliable source of
quoting information, as in the case of high market volatility or bad connection between the client terminal and
the server, some of the quotes simply may not reach the client terminal.
11. The Client shall acknowledge that when the Client closes the window to place/modify/delete an order,
as well as the window to open/close a position, the instruction or request which has been sent to the server
will not be cancelled.
12. The Client knows and agrees that upon Stop Out (situation, when Margin Level is equal or bellow
Stop-out value determined in Trading Conditions section on the website of the Company) open positions'
liquidation is implemented automatically and does not depend on the actions of the Company. Any intervention on the part of the Company is unacceptable.
13. The Client knows and agrees that trade server checks if there's sufficient Free Margin level on the
trading account during the request of the Client for opening new position, however, it does not consider
upcoming expenses for spread and commission for maintaining the current position. Due to high leverage the
Client may open position of such a volume that actual expenses for spread and commission will lead to
insufficient funds on trading account and forced closing of positions (situation, when Margin Level is equal
or bellow Stop-out value determined in Trading Conditions section on the website of the Company). In this
case the Client shall be liable for losses arising from this situation because the Client determines volume of
his/her new positions.
14. The Client is to make aware that the Company is not liable for the losses caused, directly or indirectly,
by the restrictions imposed by the government, currency or market rules, interruption of trading in financial
markets, military operations or any other conditions, usually specified as “force majeure” and which are
beyond the Company’s control.
15. Transact by means of electronic trading system may differ not only from transacting in the interbank
market, but as well from transacting based on other trading systems. In case the Client transacts by means of
electronic trading system he/she runs the risk regarding the electronic trading system, including any software
problems.
16. The Client undertakes to keep the passwords secret and make sure that no third persons receive the
access to the Personal Area and trading accounts. The Client is bound with obligations on trade in relation to
the Company on trades conducted with Client’s password usage, even if the latter is used by a third person.
17. In case any quote failure arises, the Company is entitled to make any amendments necessary and
regulate any disputable questions at the moment of the failure arising.
18. The Company is not liable for payments processing time, any delay, failure or disconnection in work
of banks and/or payment systems used by the Client, resulting from the fault of third parties. The Company
shall not reimburse for any direct or indirect loss and moral damage regarding any consequences of such
delays, failures and/or disconnections.
19. Client agrees that the Company shall not be liable for his inability to authorize in the Client Area or
trading account.
20. The present brief risks notification does not cover all the risks arising from implementing of trading
transactions on financial markets.
“ when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries.”
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“ when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries.”
Otet Group LTD, is a regulated company duly incorporated in the Comoros Union (Mwali), having met all the statutory requirements for incorporation and ongoing operations under the International Business Companies Act, with the company’s registration No. HY00523012, which holds a valid Brokerage License No. T2023304 issued by M.I.S.A.
Otet Group Ltd., registered under Registration Number 2023-00595 in Saint Lucia, is a financial brokerage company listed in the Registry of International Business Companies (IBC) under the jurisdiction of Saint Lucia. The company’s registered address in Saint Lucia is No. 10 Manoel Street, Castries, Saint Lucia, Postal Code LC04 101. Additionally, the company’s registered office address is No. 5, Becicka Plaza, Becici, Budva, Montenegro.
Risk Warning:
Otet Group LTD offers trading on Foreign Exchange (‘Forex’ or ‘FX’) and Contracts for Difference (‘CFDs’), which are complex financial products that are traded on margin. They carry a high level of risk since leverage can work both way to your advantage and disadvantage. As a result, these products may not be suitable for all investors, as loss of all invested capital may occur. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and consider your investment objectives and level of experience; therefor, seek independent advice, if deemed necessary.
Otet Group LTD does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of a CFD. Otet Group LTD is not a financial advisor and all services are provided on an execution-only basis. This communication is not an offer or solicitation to enter into a transaction and shall not be construed as such.
This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation. The service is not available for residents of Türkiye, Canada and the United States.
Otet Group Ltd (Saint Lucia) is additionally registered as Money Service Business with the US FinCen (MSB Reg. No. 31000278731653), reflecting our strong commitment to complying with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations* . Please be advised that Otet Group Ltd does not provide services or open accounts for U.S. citizens*.
Otet Group LTD has only one official website. All news and information will be shared through this website and emails that come from this website’s domain. If you see other websites or emails claiming to be from Otet Group LTD, they are not real. We are not responsible for anything outside of our official website.
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