This Risk Disclosure Statement is provided to you (the “Client”) in accordance with the regulatory requirements of the United Kingdom and the best practices of the global financial services industry.
Avner Brokers Limited, trading as AvnerFX (“AvnerFX”, “we”, “us”, “our”), is a London-based broker offering trading in leveraged financial instruments including, but not limited to, foreign exchange (forex), cryptocurrencies, commodities, indices, equities, CFDs, and binary options.
This document is designed to inform you of the potential risks associated with trading financial products on margin. It is not intended to list every possible risk, but rather to help you make an informed decision about whether such trading is appropriate for you.
2. General Risk Warning
Trading leveraged financial products carries a high level of risk and may not be suitable for all investors. You could lose all or more than your initial investment. Before trading, you should carefully consider your investment objectives, level of experience, and risk tolerance.
3. Key Risks
3.1 Leverage Risk
Leverage can magnify both profits and losses. While it allows you to gain greater market exposure with a relatively small initial deposit, it also increases your exposure to losses that can exceed your deposited funds.
3.2 Market Risk
The value of your trades may change rapidly due to economic events, political developments, or unexpected market movements. Volatility in forex, crypto, and CFD markets can result in sudden and large losses.
3.3 Margin Risk
Trading on margin requires that you maintain a minimum account balance. If your account falls below this margin requirement, AvnerFX may liquidate your positions without prior notice, potentially at a loss.
3.4 Cryptocurrency Risk
Cryptocurrencies are highly volatile and subject to low regulation, limited transparency, and technological risks. The market for digital assets is speculative and can be affected by cybersecurity breaches, regulatory changes, or protocol failures.
3.5 Binary Options Risk
Binary options are a high-risk instrument with predefined outcomes and short expiration times. They are highly speculative, and it is possible to lose your entire investment in a single trade.
3.6 Counterparty Risk
Your trades are executed with or through AvnerFX as a counterparty. This means that our financial position may directly affect your ability to recover funds or realize gains, particularly in extreme market conditions.
3.7 Technical Risk
Trading is dependent on technology, including internet connectivity, platform reliability, and device functionality. Failures in these areas may result in delays, rejections, or inability to execute or modify orders.
3.8 Regulatory and Legal Risk
Changes in laws, regulations, or tax policies in the United Kingdom or other jurisdictions may impact the services we provide or your trading activity. Additionally, cross-border transactions may expose you to foreign regulations.
3.9 Liquidity Risk
Some instruments or markets may become illiquid during certain periods (e.g., news events, low volume hours), which can lead to slippage or inability to exit positions at desired prices.
3.10 Past Performance
Past performance of any trading strategy or asset does not guarantee future results. No trading system or account manager can assure profits or prevent losses.
4. Client Responsibility
It is your responsibility to:
Understand the nature and risks of the products you are trading
Only trade with money you can afford to lose
Regularly monitor your account and open positions
Seek independent financial or legal advice if needed
5. No Investment Advice
AvnerFX does not provide investment, tax, or legal advice. Any educational materials, market analysis, or trading signals offered by us or third-party providers do not constitute investment advice and should not be relied upon as such.
6. Jurisdiction and Regulation
Avner Brokers Limited is based in London, England, and operates in accordance with applicable laws and standards governing financial services in the United Kingdom. Clients are responsible for ensuring that trading with AvnerFX is permitted under the laws of their own jurisdiction.
7. Final Disclaimer
By opening an account and using our services, you acknowledge that:
You have read and understood this Risk Disclosure Statement.
You accept all the risks outlined herein.
You are willing and financially able to bear the loss of your entire investment.
If you have any questions or need clarification, please contact our Compliance Team at: