High Risk Investment
Forex Trading 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 fx trading 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 fx trading (including the fact that some of the products offered by Contra FX are conducted off Exchange and carry a separate set of risks), and seek advice from an independent financial advisor if you have any doubts. The transactions you are entering into with BRE are not traded on an exchange. Therefore, under the U.S. Bankruptcy Code, your funds may not receive the same protections as funds used to margin or guarantee exchange-traded futures and options contracts, which receive a priority in bankruptcy. Since that same priority has not been given to funds used for off-exchange forex trading, if BRE becomes insolvent and you have a claim for amounts deposited or profits earned on transactions with BRE, your claim may not receive a priority. Without a priority, you are a general creditor and your claim will be paid, along with the claims of other general creditors, from any monies still available after priority claims are paid. Even customer funds that BRE keeps separate from its own operating funds may not be safe from the claims of other general and priority creditors.
Our Market Opinions
Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. BRE will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Internet Trading Risks
There are risks associated with utilizing an Internet-based deal execution fx trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BRE does not control signal power, its reception or routing via Internet or wireless connection, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. BRE employs back up systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.
Accuracy of Information
The content on this website is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Tradeview Forex has taken reasonable measures to ensure the accuracy of the information on the website, however, does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website.
This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website is available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
Market Risks and Online Trading
Our trading platform provides sophisticated order entry and tracking of orders. Trading on-line, no matter how convenient or efficient does not necessarily reduce risks associated with currency trading. All quotes and trades are subject to the terms and conditions of the Client Agreement accessible through this website.
Trading Off Exchange Foreign Exchange Currencies involve significant risk and may not be suitable for everyone. Please read RISK DISCLAIMER before investing.
*IMPORTANT TRADING INFORMATION
Carefully consider your investment funds and objectives. Trading in the Foreign Exchange or Contract For Difference (CFD) market involves considerable risk. Therefore, before deciding to participate in CFD or currency trading, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. Any mention of past performance is not indicative of future results.
Consider market volatility. There is a considerable exposure to risk in any foreign exchange transaction. Any transaction involving foreign currencies is exposed to risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Moreover, the leveraged nature of CFD and currency trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible for any resulting losses. Investors may lower their exposure to risk by employing risk-reducing strategies such as ‘stop-loss’ or ‘stop-limit’ orders.
Consider a possibility of software and hardware failure. There are also risks associated with utilizing an Internet-based deal execution software application including, but not limited, to the failure of hardware and software. BRE SA. employs backup systems and a contingency plan to minimize the possibility of system failure, and phone trading is always available.
Notice Regarding Entry Stop and Stop Orders: BRE Ltd. does not guarantee any order. Placing stops, regardless of the entry or closing designation, does not guarantee the trade will be filled at the order price. All Entry Stops and Stops will be filled, upon activation, at the first/best available market price that may or may not match the requested order price., causing the aforementioned orders to be filled at a price considerably away from that originally requested in the Order. Market standards dictate that Entry Stop and Stop orders be filled at the first available price. In contrast, a Market Order will give the trader the option of accepting or rejecting an updated price. Please be aware that currency market conventions differ from other markets.
Notice Regarding CFDs on Futures: When trading CFD´s on futures, your position will automatically be closed on the basis of the applicable time and date of the contract expiration listed. Positions will not be rolled over or extended beyond this date. By entering into any CFD transaction with you agree that is not responsible for any losses incurred as a result of the automatic closure of these positions at the time and on the date disclosed to you on each CFD.
The English version of the Client Applications and all BRE SA. Agreements are the legal and enforceable contracts. All terms and conditions contained within the English version shall survive any typographical and/or translational errors contained within a Non-English version of these documents and such errors shall be deemed unenforceable in any legal proceeding. If any terms or conditions listed within a translated version of these documents fail to form a logical statement, whether grammatically or otherwise, you should contact BRE Ltd. before signing. It is the client’s obligation to obtain and fund his/her own translation of the English version of all Applications and Agreements if the provided translation is in doubt. BRE Ltd. advises that before signing any Client Application and/or Agreement, you should carefully read and understand all the terms and conditions contained therein. A signed Agreement will serve as your testament that you have understood all of the terms and conditions as stated in the English Agreement.
Contra FX Privacy Statement
Contra FX and BRE believes that the privacy and security of an individuals personal financial information is important.
Our most valued assets are our relationships with our Customers, and, therefore, we take your privacy concerns very seriously.
We apply the following policies with respect to all of our customers who are individuals, even though we are only required to apply them to individuals who use our services for personal, family or household purposes.
1. INFORMATION COLLECTION
To serve our customers better, CFX and BRE collects certain financial information on our customers. In the case of individuals, CFX and BRE may collect nonpublic personal financial information about you from the following sources:
- Application and Registration Information: Information that we receive from you on the customer account application that you complete and other account opening documents, including but not limited to, account name, mailing address, phone number(s), banking information, e-mail address, annual income, net worth, social security number, etc.
- Transaction History : Information about your transactions with CFX and BRE, with our affiliate(s) and with nonaffiliated third parties in connection with opening or servicing your account, such as bank references.
- Credit Information: Information from a consumer reporting agency.
2. INFORMATION DISCLOSURE
CFX and BRE do not disclose any of your nonpublic personal information to nonaffiliated third parties except as permitted by law and except as permitted under the terms and conditions agreed to in your Client Agreement. The law permits disclosure of your nonpublic personal information to nonaffiliated third parties in certain situations generally with respect to effecting, administering, enforcing, or servicing a transaction or financial product that you request or authorize.
From time to time, CFX and BRE and our affiliate(s) may share your nonpublic personal information with one another in order for each of us to better serve you as our customer. The nonpublic personal information that we may disclose to one another as affiliates includes, but is not limited to:
- Application and Registration Information: Information that we receive from you on your account application form and other account opening documents, such as account name, mailing address, phone number(s), banking information, e-mail address, annual income, net worth, social security number, etc.
- Transaction History: Information about your transactions with us or about your transactions with nonaffiliated third parties that we receive in connection with opening or servicing your account.
- Credit Information: Information we receive from a consumer reporting agency.
3. DISCLOSURE OF FORMER CUSTOMER INFORMATION
4. INFORMATION SAFEGUARDS
CFX and BRE maintain physical, electronic and procedural safeguards to guard your nonpublic personal information. As a result, only authorized employees who need to know your information in order to provide you with products or services will have access to your nonpublic personal information. We restrict the access of authorized employees to nonpublic personal information for business purposes only. These safeguards are used by all CFX and BRE affiliates.
5. ADVANCE NOTICE OF PROPOSED CHANGES
If you intend to obtain any product or service described on this web site (www.contrafx.com) or within email correspondence sent as a result of an inquiry made by you, you must first inform whether you are a US or Canadian Person or if you would not be allowed to obtain such products or services from in your home jurisdiction.
The offering and/or sale of any financial products or services described within email correspondence, website content of www.contrafx.com or any form of promotional publication is not intended to solicit or induce any person in any jurisdiction to whom it is unlawful to make such an offer, sale and/or distribution, including the US and Canada.
The website www.contrafx.com and its respective content do not constitute an offer or invitation to purchase trade or subscribe to any service designed to trade any financial instrument on margin or any other service to US or Canadian Persons or to any person in any jurisdiction to whom it is unlawful to make such an offer.