Cryptofundia.com Risk Disclosure Notice

This notice (“Risk Disclosure Notice”) is provided to you by Cryptofundia.com (“Cryptofundia” “we” “us” or “our”).

In this notice, we provide you with information to help you understand the nature and risks of our products and services. However this Risk Disclosure Notice does not disclose all the risks and other significant aspects of Perpetual Futures trading. You should not engage in our products unless you understand the nature of Perpetual Futures trading, how it works, how you make a profit or a loss and the extent of your exposure to risk and loss. If you are in any doubt you should seek professional advice. Please be advised that financial instruments offered by Cryptofundia may be not suitable or appropriate for many clients.

Our relatinship is defined by two sides: you as an trader who has access just to demo accounts (in all stages of the relationship) and us as an investor providing trading accounts. It is clear from this definition that you can just loose your initial fee you paid of the access to trading account. Any loses you create by trading activities on the trading accounts are not affecting your capital but ours. Once you pass the challenge with two demo accounts in phase 1 and phase 2 then you have access to demo account which is paired with our live account. You don’t have any direct access to the capital at any time in sense of deposits of withdrawals but you can generate profit or lost on our live account.

Leverage
Your trades with us will be subject to Cryptofundia Terms and Conditions. It is in your own best interests to read and understand them before you engage in Perpetual Futures trading with us. The “leverage” available (funds required to open a position compared to the size of trade you can place) means that a small deposit (Initial Margin) can lead to a large loss as well as gains. It also means that a relatively small movement can lead to a proportionately much larger loss or profit.
Marketing
Material provided by Cryptofundia does not contain (and should not be construed as containing) investment advice or any investment recommendation, or, an offer of or solicitation for, a transaction in any financial instrument.
All information in this publication has been compiled from publically available sources that are believed to be reliable, however, we cannot guarantee the accuracy of all information. This report should be considered to be a marketing communication.
Monitoring positions
Due to leverage, fact that this market operates 24/7 and the speed at which profits or losses can be incurred, it is imperative that you monitor your positions closely. It is your sole responsibility to monitor your trades and while you have open trades you should always be in a position to do so. Further factors which may affect the profitability of your trade include:
  • Currency
If you trade in a market other than your base currency market, currency exchange fluctuations will impact your profits and losses.
  • Volatility
Movements in the underlying markets can be volatile and unpredictable. This will have a direct impact on your profits and losses. Awareness of the underlying markets volatility will help guide you as to where any Stops should be placed.
  • Market liquidity
Market conditions can change significantly in a very short period of time, so that if you wish to close a contract we may not be able to do so under the same terms as when you opened it.
  • Charges
Costs and charges are provided to you on our website. It is important that you are aware of all costs and charges that apply as they will affect your profitability.
Advice
We do not provide investment advice relating to investments or possible transactions in investments. We are permitted to provide factual market information and information about transaction procedures, potential risks involved and how those risks may be minimised, but any decisions made must be yours. Once you reach any of both dradowns (daily or total) we will stop all your trades in liquidation process to prevent bigger losses than permitted in our conditions. We will not charge you any extra fee for such operation except the fees for closing the trade. If you want to continue with trading with us you have to buy new challenge.