Xeconds Strategy Ltd (hereinafter referred to as the “Company”), is incorporated under the laws of Saint Vincent and the Grenadines with registration 24144 IBC having its registered office at The Jaycees Building, P.O. Box 362, Stoney Ground, Kingstown, VC0100, St. Vincent and the Grenadines. The Company is authorized as an International Business Company under the International Business Companies (Amendment and Consolidate) Act, Chapter 149 of the Revised Laws of Saint Vincent and Grenadines, 2009 (herein the “Law”).
The objects of the company are all subject matters not forbidden by International Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and the Grenadines, 2009, in particular, but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well as to provide brokerage, training and managed account services in currencies, commodities, indexes, CFDs and leveraged financial instruments.
This risk warning notice (herein the “Notice”) is provided to the Company’s clients and any prospective client (herein the “Client”) who is willing to enter into an agreement with the Company for opening a trading account with third-party Brokers through the Company, under the provisions of the Law as amended from time to time.
The Client must read carefully this notice which is easily accessible on the Company’s website before deciding to open a trading account through the Company with a third-party Broker and before any trading activities with the Company.
It is noted that this Notice and General Risk Disclosure information cannot and do not disclose and explain all of the risks and other significant aspects involved in dealing in Derivative Financial Instruments through the Company for (such as CFDs). The Notice was designed to explain in general terms the nature of risks involving when dealing in Financial Instruments on a fair and non-misleading basis, according to the Law. The Client should be aware of all the risks associated with trading in CFDs and seek advice and consultation from an independent financial adviser if he/she have any doubts. The Company does not provide such advice. If the Client does not understand the risks involved in trading in CFDs, he/she should not open a trading account or trade.
General Advice Only
Any advice or information on this website is general advice only– It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by the Company, its employees, directors and representatives.
“CFDs” or “Contract for Differences” is an agreement between two parties to exchange the difference between the opening price and closing price of a contract including but not limited to shares, currencies, commodities, and index. CFDs provide investors with all the benefits and risks of owning a security without actually owning it.
Trading in CFDs is speculative and involves a high degree of risk. In particular, because it will be conducted using a margin (which covers only a small percentage of the value of the underlying asset being traded), as such, even small price changes in the underlying assets of the CFDs can result in significant losses. You should be aware that by trading with CFDs you may lose the margin held at the FX Broker that serves for the purposes of collateral for opening and maintaining your trading positions.
Losses May Exceed the Initial Deposit
The Client acknowledges and understands the risk of loss arising from trading in CFDs can be substantial and the Client might lose more than the initial deposit and any additional amounts, including the Margin Requirements as CFDs typically trades using a small deposit to the total trade volume, profit and losses can quickly exceed the Margin Requirement, requiring the margin requirement to be adjusted at the initial deposit.
The Company reserves the right to review and/or amend its Risk Disclosure statements, at its sole discretion, whenever it deems necessary, without prior notice to the Client.
The Client hereby acknowledges, confirms and accept that by entering into an agreement with the Company and every time his/her trading account places an Order in a CFD, that he runs a high risk of incurring losses and damages as a result willing to proceed with this kind of trading and undertake such risks.
It is emphasized that for many members of the public, dealings in Contracts for Differences (CFDs) will not be appropriate. The Client should not engage in any dealings directly or indirectly in CFDs unless he knows and understands the feature risks involved in them and that he may lose entirely all of his money and also be imposed extra charges.
Links to Third-party Websites