EXTENDED DISCLAIMER AND RISK WARNING
Risk Warning:
Foreign exchange (Forex) trading 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 trade 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.
Potential Risks of Forex Trading:
1. Market Risk: The forex market is subject to volatile changes in price movements. There is no guarantee of profits, and you may lose some or all of your invested capital.
2. Leverage Risk: Trading on margin or using leverage can lead to significant losses that may exceed your initial deposit.
3. Liquidity Risk: Some currency pairs may become illiquid, making it difficult to close positions at desired prices.
4. Technological Risk: Trading platform failures, internet connectivity issues, or other technological problems may prevent order execution or cause losses.
5. Counterparty Risk: Pirlent Ltd or its liquidity providers may become insolvent, potentially leading to losses for clients.
You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Disclaimer:
The information provided by Pirlent Ltd, including but not limited to our website content, trading platforms, market analysis, and educational materials, is for general informational purposes only. While we strive to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the information, products, services, or related graphics provided.
No Investment Advice:
Pirlent Ltd does not provide investment advice. Any market analysis, financial information, or trading recommendations are provided as general market commentary and do not constitute investment advice. All opinions expressed are solely those of the authors and do not reflect the views of Pirlent Ltd.
Past Performance:
Past performance is not indicative of future results. The value of investments can go down as well as up. Any performance data or statistics presented are for illustrative purposes only and may not reflect actual future performance.
Third-Party Content:
Our website and communications may include content from third-party sources. Pirlent Ltd does not endorse or assume responsibility for any third-party content and shall not be held liable for any inaccuracies, errors, or omissions in such content.
Jurisdictional Restrictions:
Pirlent Ltd does not offer services to residents of certain jurisdictions including, but not limited to:
1. United States of America
2. Iran
3. Sudan
4. North Korea
5. Syria
6. Cuba
7. Any other jurisdiction where our services may conflict with local laws and regulations
It is the responsibility of the user to ensure that they are legally permitted to use our services based on their country of residence and applicable local laws. Pirlent Ltd reserves the right to refuse service to anyone for any reason, including regulatory or legal concerns.
Anti-Money Laundering (AML) and Know Your Customer (KYC) Policies:
Pirlent Ltd is committed to preventing money laundering and any other illicit financial activities. We implement strict AML and KYC policies in compliance with international standards. Users may be required to provide additional information or documentation to verify their identity and source of funds. We reserve the right to refuse or terminate service to any user who does not meet our compliance standards.
Intellectual Property:
All content on Pirlent Ltd’s website and trading platforms, including but not limited to text, graphics, logos, images, audio clips, digital downloads, and software, is the property of Pirlent Ltd or its content suppliers and is protected by international copyright laws.
Limitation of Liability:
In no event shall Pirlent Ltd, its directors, employees, partners, agents, suppliers, or affiliates be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from:
1. Your access to or use of or inability to access or use our services
2. Any conduct or content of any third party on our services
3. Any content obtained from our services
4. Unauthorized access, use, or alteration of your transmissions or content
Changes to Terms:
Pirlent Ltd reserves the right to modify or replace these terms at any time. It is your responsibility to check our terms periodically for changes. Your continued use of our services following the posting of any changes constitutes acceptance of those changes.
Governing Law:
These terms and conditions are governed by and construed in accordance with the laws of Task Force of AIFC Jurisdiction, and you irrevocably submit to the exclusive jurisdiction of the courts in that location.
By using our services, you acknowledge that you have read, understood, and agree to be bound by this disclaimer and risk warning, and agree to comply with all applicable laws and regulations.
The markets are generally closed for trading during week-ends when various news events anddevelopments may arise causing the markets to open at a significantly different price from wherethey closed on Friday. Customers will not be able to use the Pirlent Ltd online trading software to place orders when the markets are closed. There is a substantial risk when no stop-loss orders are left to protect open positions held over weekends, especially when the markets open at levels significantly worse than their specified price.
In case of system failure or other interruption, orders may not be executed according to Customer’s instructions or Customer may not be able to place or change orders.
Pirlent Ltd:
shall not be liable for any such failure of hardware or software, system downtime or communications interruption. Further, Pirlent Ltd does not warrant that Customer will be able to maintain a continuous and uninterrupted link with the internet and shall have no liability for any such failure.
Unlike the regulated exchanges, there are no limits on daily price movements when trading OTC instruments and other off-exchange derivatives. Therefore not all of the Customer protections generally found in the regulated exchange markets are present in the OTC instruments and offexchange derivatives. OTC and off-exchange transactions may be less regulated or subject to a separate regulatory regime. Before undertaking such transactions, Customer should familiarize itself with applicable rules and risks.
Customer enters a trade and opens a position with Pirlent Ltd in its capacity as a counter party.
Pirlent Ltd online trading software is not a marketplace or an exchange. There are no guarantees to the credit worthiness of Pirlent Ltd Pirlent Ltd has the right, in its sole discretion, to cease trading in any OTC and off-exchange derivative instrument at any time, and in such event Customer will be prevented from liquidating an adverse position. Such actions may result in a substantial loss to Customer
Customer may be introduced to Pirlent Ltd by an Introducing Broker. It is important to note that Pirlent Ltd and Introducing Broker are separate and independent from one another without an employee, agency or partner relationship.