This document is a disclosure by JMI Brokers, which provides the service to the
Client under the terms and conditions of the Client Agreement, of the potential risks involved in trading on
financial markets. The Client should first and foremost be aware of the potential losses associated with this
1. Effect of “Leverage”
1.1. When executing trading operations under margin trading conditions, even small market movements may
have great impact on a Client’s trading account due to the effect of leverage. The Client must consider that if the
trend on the market is against them, the Client may sustain a total loss of their initial margin and any additional
funds deposited to maintain open positions. The Client shall hold full responsibility for all risks, financial
resources used and the chosen trading strategy.
2. Highly Volatile Instruments
2.1. Many instruments are traded within wide ranges of intraday price movements so the Client must carefully
consider the fact that there is not only high probability of profit, but also of loss.
3. Technical Risk
3.1. The Client shall assume the risk of financial loss caused by the failure of information, communication,
electronic and other systems.
3.2. When executing trading operations through the client terminal, the Client shall assume the risk of financial
loss, which can be caused by:
a) the failure of Client hardware, software and internet connection;
b) the improper operation of Client equipment;
c) the wrong settings in the client terminal;
d) delayed client terminal updates;
e) the Client’s ignorance of the applicable rules described in the MetaTrader User Guide and in the Help
3.3. The Client acknowledges that at the moment of peak load there may be some difficulties in getting
telephone communication with the duty operator, especially on the fast market (for example, when key
economic indicators are released).
4. Abnormal Market Conditions
4.1. The Client shall acknowledge that under abnormal market conditions, the execution time for Client
instructions may increase.
5. Trading Platform
5.1. The Client shall acknowledge that only one request or instruction is allowed in the queue. Once the Client
has sent a request or instruction, any other request or instruction sent by the Client will be ignored. In the
“Order” window, the “Order is locked” message will appear.
5.2. The Client shall acknowledge that the only reliable source of quoting information is the server for Clients
with live accounts. The quote base in the client terminal shall not be considered a reliable source of quoting
information, as in the case of a bad connection between the client terminal and the server, some of the quotes
simply may not reach the client terminal.
5.3. The Client shall acknowledge that when the Client closes the window to place/modify/delete an order, as
well as the window to open/close a position, the instruction or request which has been sent to the server will not
5.4. The Client shall assume the risk of executing unplanned transactions in the case that the Client sends
another instruction before receiving the result from the instruction sent previously.
5.5. The Client shall acknowledge that if an order has already been executed but the Client sends an instruction
to modify the level of a pending order and the levels of Stop Loss and/or Take Profit orders at the same time, the
only instruction that will be executed is the instruction to modify the Stop Loss and/or Take Profit levels on the
position opened on that order.
6.1. The Client shall assume the risk of any financial loss caused by the Client either not receiving a notification
from the Company.
6.2. The Client shall acknowledge that unencrypted information transmitted by email is not protected from
6.3. The Client shall agree that the Company have the right to delete messages sent to the Client through
internal mail 3 (three) days after they have been sent, despite the fact that the Client may not have received
6.4. The Client shall hold full responsibility for the safekeeping of information received from the Company and
assumes the risk of any financial loss caused by unauthorized access to the Client’s trading account by a third
7. Force Majeure
7.1. The Client shall assume all risks of financial loss caused by a force majeure.
8. Statutory Prohibitions and Restrictions
8.1. The Client shall assume all financial and other risks when completing operations (or actions connected with
these operations) on financial markets that are statutorily prohibited or restricted by the legislation of the
country in which the Client is resident.