RISK DISCLOSURE

General Advice Warning

DISCLAIMER: The information provided in this document is intended for general information purposes only. It does not constitute investment advice, a recommendation, or an offer to buy or sell any financial product.

All investments carry inherent risk. Before making any investment decision, you should carefully consider whether the products or services referred to are suitable for you in light of your personal circumstances, including your financial position, investment objectives, and prior investment experience.

Past performance should never be regarded as an indication of future results. The value of an investment can move both upwards and downwards, and it is possible that you may not recover the amount originally invested. In certain situations, losses may be incurred rather than gains. For these reasons, you should always seek independent professional advice before committing to any investment decision.

Warning: Risks of Trading Contracts for Difference (CFDs)

CFDs are complex financial products that involve a high level of risk. They are not suitable for all investors. You should not engage in CFD trading unless you fully understand the nature of the products and are prepared to accept the risks involved.

Leverage Risk

One of the primary risks of CFD trading is leverage risk. Leverage can magnify both potential profits and potential losses. As a result, losses may occur very quickly, and you should be aware that you may be required to make additional margin deposits in order to maintain your open positions. If you fail to meet margin requirements, your positions may be forcibly closed at a loss.

Volatility Risk

Volatility risk is another key factor. CFD prices can be highly volatile and may change sharply within very short time frames. In some circumstances, a CFD may lose its entire value, meaning that you could suffer the loss of your entire investment. You should understand that CFDs can expose you to losses greater than any potential gains.

Liquidity Risk

Liquidity risk can also arise. Market conditions may prevent you from entering or exiting positions at your preferred price, potentially increasing your losses. Similarly, gap risk occurs when markets move suddenly between price levels, meaning your stop-loss orders may not be executed at the expected level.

Exchange Rate Risk

CFDs may also expose you to exchange rate risk, as fluctuations in currency values can impact both profits and losses when trading instruments denominated in foreign currencies.

It is possible to incur losses that exceed your initial deposits, leaving you with obligations greater than the amount you first committed. Different CFD products carry different levels of risk depending on their individual structures and characteristics. You should therefore ensure that you have a full understanding of the features, mechanics, and risks of each CFD product before investing.

ZFX cannot guarantee the accuracy of any market forecast or commentary, nor can it provide any assurance regarding the maximum loss you may suffer. For these reasons, CFDs should only be traded if you fully understand how they work and if you are financially able to bear the possibility of substantial losses.

Warning: Internet and Electronic Trading Risks

Trading through internet-based or electronic platforms carries additional operational and technical risks. Online transactions and communications may be interrupted, delayed, or lost due to network congestion, server failures, or other factors beyond our control. These disruptions may result in your instructions not being executed as intended, or not being executed at all.

There are also risks related to the reliability of your own systems. Hardware or software malfunctions may affect the proper execution of trades and cause losses. In addition, electronic trading exposes you to cybersecurity risks. Unauthorized access, hacking, malware, or other malicious attacks may compromise your trading data or account. You should ensure that your devices are properly protected with up-to-date security measures.

Finally, account and password security is critical. You should take all necessary steps to safeguard your account credentials, including your passwords, and you should not disclose them to anyone. ZFX will not be responsible for any losses that arise from unauthorized access to your account due to your failure to maintain the confidentiality of your password.