Legal Notice
Provident FX, LLC (Provident FX), will not be held responsible for the reliability or accuracy of the information provided on this web site. The provided content is put forward in good faith and believed to be accurate; however, there are no implicit guarantees of accuracy or timeliness.
The materials presented on this website are solely for informational purposes. No offer or solicitation to buy or sell currencies, or any type of investment or trading advice or strategy, is made, given or in any manner endorsed by Provident FX or its affiliates. You are fully responsible for any investment or trading decisions you make, and such decisions should be based solely on your evaluation of your financial circumstances, investment or trading objectives, risk tolerance and liquidity needs.
This brief statement does not disclose all of the risks and other significant aspects of spot foreign currency trading on margin (collectively “FX”).
Because of the volatile nature of the foreign currency markets, the purchase and sale of currency pairs involves a certain degree of risk. Foreign Currency trading is not suitable for everyone. This form of trading should only be entered into by those who have carefully considered the risks involved.
ALL INVESTORS SHOULD READ AND UNDERSTAND THE DISCLOSURE OF RISKS RELATING TO THE TRADING OF FOREIGN CURRENCY TRANSACTIONS WHICH IS PROVIDED TO ALL INVESTORS IN CONNECTION WITH THE OPENING OF AN ACCOUNT WITH PROVIDENT FX.
The Provident FX Web Site contains information obtained from sources believed to be reliable and has been prepared in good faith and with all reasonable care. Provident FX makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this Web Site. Provident FX nor any of its providers of information, have any liability to the user, or any other third party, for the accuracy of the information contained in this Web Site, or for any errors or omissions therein, nor will Provident FX , or any of its providers of information have any liability for the use, interpretation or implementation of the information contained herein by any person.
Neither Provident FX, nor any of its providers of information or affiliates, shall be liable to the user’s, or any third party’s, claims or losses of any nature resulting from using this Web Site including, but not limited to, lost profits, punitive, consequential, special, incidental, indirect or similar damages even if advised of the possibility of such damages and whether or not such claims or losses are caused by, or can be attributed to, the negligence of Provident FX or any of its providers of information. By providing the information in this Web Site, Provident FX undertakes no obligation to update such information herein. Forecasts, opinions or strategies herein are based on assumptions, market conditions and available information at the time of writing and may change without notice.
The information contained in this Web Site does not constitute investment or financial advice, and nothing relating to the provision of the information herein shall be construed as creating a fiduciary, financial or other advisory relationship between Provident FX and the client or any other third party. Provident FX recommends that users obtain their own independent financial advice before acting on any information contained in this Web Site. Therefore, Provident FX accepts no liability as Provident FX has no control over items of this nature.
There are no guarantees of profit or freedom from loss in FX. As a client, you have not received any such guarantees from us or from any of our representatives. The client is aware of the risks inherent in FX and is financially able to bear such risks and withstand any losses incurred.
Trading Risk
Foreign Currency 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 to invest in foreign exchange 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 off-exchange foreign currency trading and seek advice from an independent financial advisor if you have any doubts.
Past performance is not indicative of future results as each trading opportunity is unique.
As FX is traded with a high degree of leverage, a relatively small market movement will have a proportionately larger impact on the funds you have deposited. You may sustain a total loss of your funds. Since the possibility of losing your entire cash balance does exist, speculation in the FX market should only be conducted with risk capital you can afford to lose which will not dramatically impact your lifestyle.
Having stated the above however, you need to be comfortable with this scenario and understand this in light of our trading methodology.
You will only be accepted as a client once you have read and understood the risk disclosure, legal disclaimer and trading methodology statements and other documents subsequently provide to you by Provident FX and have accepted and agreed to them.
Technology Risk
Our Traders use computer software and internet connections to execute trades. There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software and Internet connection. Since we do not control signal power, its reception or routing via Internet, configuration of equipment or reliability of its connection, we shall not be liable for any claims, losses, damages, loss of profits, special or consequential damages, cost of procurement of substitute goods or services, costs or expenses, including attorney’s fees, caused, directly or indirectly, by any breakdown or failure of any transmission or communication system or computer facility or trading software, whether belonging to us, the client , any market, or any settlement or clearing system. In addition, we are not responsible for the breach of any Internet security with respect to your Account. We have no liability or duty of indemnification related to unusable data, lost or corrupt Customer transactions or data, by whatever means, in whatever form, resulting in part or in whole from third-party software or networking goods or services or from internet related problems or from actions or events outside of our control.