Terms & Conditions
USER AGREEMENT
Forex trading has large potential rewards, but also a large potential risk. You must be aware of the risks and be willing to accept them to invest in Forex markets. Don’t trade with money you can’t afford to lose especially with leveraged instruments such as forex trading. The past performance of any trading system or methodology is not necessarily indicative of future results. You could lose all of your money fast due too: poor market trading conditions, mechanical errors, emotionally induced errors, news surprises, and earnings releases. ForexCity Signal takes no responsibility for loss incurred as a result of our trading signals. By signing up as a member, you acknowledge that we are not providing financial advice and that you are making a decision to copy our trades on your account. We have no knowledge of the level of money you are trading with or the level of risk you are taking with each trade. In this regard, the amounts paid for the use of our signals can’t be refunded. You must make your own financial decisions, we take no responsibility for the money you made or lost as a result of our signals or advice on forex-related products on this website. You should ensure you understand all of the risks associated with trading before using ForexCity Signal services.
ALL RIGHTS RESERVED. THE USE OF THIS WEBSITE CONSTITUTES ACCEPTANCE OF OUR USER AGREEMENT
This website and all information are intended for educational purposes only and do not give financial advice. ForexCity Signal is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and the sense of any act, ordinance or law of any country) and must not be used for financial activities. ForexCity Signal does not offer, operate or provide financial, brokerage, commercial or investment services and is not a financial advisor. Rather, ForexCity Signal is an educational site and a platform for exchanging Forex information. Whenever information is disclosed, whether express or implied, about profit or revenue, it is not a guarantee. No method or trading system ensures that it will generate a profit, so always remember that trade can lead to a loss. Trading responsibility, whether resulting in profits or losses, is yours and you must agree not to hold ForexCity|Signal or other information providers that are responsible in any way whatsoever. The use of the system means that the user accepts the Disclaimer and Terms of Use. ForexCity Signal is not represented as a registered investment consultant or brokerage dealer nor offers to buy or sell any of the financial instruments mentioned in the service offered. While ForexCity Signal believes that the content provided is accurate, there are no explicit or implied warranties of accuracy. The information provided is believed to be reliable; ForexCity Signal does not guarantee the accuracy or completeness of the information provided. Third parties refer to ForexCity Signal to provide technology and information. If a third party fails, then there is a risk that the information may be delayed or not delivered at all. All information and comments contained on this website, including (but not limited to) opinions, analyses, news, prices, and research, do not constitute investment advice or an invitation to buy or sell any type of instrument. ForexCity Signal assumes no responsibility for any loss or damage that may result, directly or indirectly, from the use or dependence on such information. All information contained on this website is a personal opinion or belief of the author. None of these data is a recommendation or financial advice in any sense, also within the meaning of any commercial act or law. Writers, publishers, and affiliates of ForexCity Signal are not responsible for your trading in any way. The information and opinions contained on the site are provided for information only for educational reasons, and should never be considered as direct or indirect advice to open a trading account and/or invest money in Forex trading with any Forex company. ForexCity Signal assumes no responsibility for any decisions taken by the user to create a merchant account with any of the brokers listed on this website. Anyone who decides to set up a merchant account or use the services, free of charge or paid, with any of the Forex companies mentioned on this website, bears full responsibility for their actions. Any institution that offers a service and is listed on this website, including forex brokers, financial companies and other institutions, is present only for informational purposes. All ratings, ratings, banners, reviews, or other information found for any of the above-mentioned institutions are provided in a strictly objective manner and according to the best possible reflection of the materials on the official website of the company. Forex trading is potentially high risk and may not be suitable for all investors. The high level of leverage can work both for and against merchants. Before each Forex investment, you should carefully consider your goals, experience and risk level. The opinions and data contained on this site should not be considered as suggestions or advice for the sale or purchase of currency or other instruments. Past results do not show or guarantee future results. Neither ForexCity Signal nor its affiliates ensure the accuracy of the content provided on this Site. You explicitly agree that viewing, visiting or using this website is at your own risk.
1. Trading is a Risky Affair:
Forex is an extremely risky affair and is not meant to be visualized for retirement funds. So, it is most suitable for customers who understand the risks and are willing to undertake it and financially capable of standing losses that can even exceed the deposited amount. Hence, a proper understanding of the risk is necessary before trading in forex.
2. High Leverage and Low Margin Can Culminate in Quick Loss
Owing to price changes and fluctuations in foreign exchange contracts and cross-currency contracts, the combination of high leverage and low margin can lead to significant losses. The initial margin can be small when you compare it with the value of the foreign currency so the transactions can be leveraged. Customers need to maintain the minimum margin requirements for the open position at all times. The customer must keep an eye on and monitor his net outstanding balance. If the minimum requirement is not maintained, we hold the right to liquidate all open positions. Similarly, leverage too can lead to high gains as well as losses.
3. Risk-reducing Orders and Strategies
Orders like stop-loss orders or stop-limit orders that aim at limiting the losses to some upper amount may not be effective because sometimes, it becomes impossible to execute such orders owing to the market condition.
4. Options Variable Degree of Risk
When you are involved in transactions in foreign currency; the risk element increases. You have two options namely put or call and you should be familiar with the differences and meanings of the options. You should be aware of which options need to be increased so that you can get higher profits. The purchaser can either offset or even expire the option depending upon the type of option and the nature of the purchased option. Exercising an option is always going to result in a cash statement. There are instances where the purchaser can acquire spot positions as well with associated liabilities for margin. If your purchased options expire, you will suffer a total loss of your investment and it shall also comprise the purchase of the option and the transaction costs. It is worth adding that deep out-of-the-money options are least likely to be profitable. Many details are involved in buying and selling options and so when you indulge in it, you should be careful enough to check out all such details thoroughly as it can have huge repercussions. Check the clauses and the amount of loss it can evoke and related factors before indulging in the same.
5. Market Recommendations Are Solely Informational and the Choice That You Make Is Yours
The recommendation that we make regarding the market is purely informational based on the stats that we have dug up. It is the discretion of the customer to choose or ignore the recommendations and it is an independent decision on your part. We are not acting as your advisor and we are not liable for the damages, expenses, and losses that may be incurred because of subsequent investment. The recommendation serves merely as information that can guide you. The decision to follow it – is your own choice.
6. Recommendations Are Made From Personal Judgments
The recommendation that we make regarding the market is purely informational based on the stats that we have dug up. It is the discretion of the customer to choose or ignore the recommendations and it is an independent decision on your part. We are not acting as your advisor and we are not liable for the damages, expenses, and losses that may be incurred because of subsequent investment. The recommendation serves merely as information that can guide you. The decision to follow it – is your own choice.
7. The Commission, Conversion and Other Charges
Before starting to trade, you must get a clear detail of all your commission and fees and related charges as well. You must be aware that profit and losses that are incurred in foreign currency-denominated contracts will get affected by the changes in rates of foreign currency and the cost of converting from one currency to another will have to be borne by you when calculating net profit and losses.
8. Transactions in Other Jurisdictions
Transactions on markets linked to the domestic market can lead to a lot of additional risks. You should check out such details before dealing with the different transactions and the local regulatory authority and markets can affect it as well.
9. Customer May Not Be Able to Close the Open Positions
Sometimes due to the market conditions, we may not be able to close the customer’s position at the level which is specified by the customer.
10. Trading Ahead
We have our executives and affiliates who may execute orders at the same or maybe even better prices than custom orders.
11. Internet Trading
When you are trading using the Internet platform, there are a lot of different types of risks involved like hardware failure, software failure, internet connectivity issues and so on. Since we are not responsible for IT infrastructure, router connectivity, or PC issues, we will not be liable for any loss or damage that can be caused because of it. Further, any subsequent losses that arise because of the same will not be borne by us and you will be held responsible for the same.
12. Creditor Priority in Bankruptcy
You should be familiar with the protections accorded money and other property that you have deposited through domestic and foreign exchange transactions. You should check the legislation and rules regarding the amount of money and property that you may have to forfeit if you are declared bankrupt.
13. Local Laws
This site is not meant to be used by persons in such a country where the use would be contrary to their local laws and regulations. It is the sole responsibility of the visitor to check that they are authorized to avail the site of the trading.
Secondary Risk Disclosure: High-Risk Investment Apart from the standard disclosures of risk that are contained in the agreement, one should be aware that margined currency trading is one of the riskiest investments that you can undertake. It is only suited for sophisticated individuals and institutes who are aware of the huge risk and are willing to take it. If you open an account with us, you can trade foreign currencies on a hugely leveraged basis which can be approximately 100 times your otherwise account equity. If you make an initial deposit of 1000$, you can take a maximum position with a total notional market value of 100,000$. However, the funds in the maximum leverage account can be completely lost and you can even lose the whole of your investment as well. If you have only taken up a conservative form of investment, it is advised to study the details of currency trading thoroughly before investing here. You have to understand that you could lose all the funds that you deposit as a broker and you may even lose a substantial amount of your capital as well if you fail to capitalize on the market and invest in the wrong transactions.
14. Plan Switching
ForexCity Signal has different services. Each of them is registered under the company ForexCity Signal but they all are different ventures. Every venture has its record processing system. So, when a customer subscribes to one service, her or she can’t switch to another service. If he/she wants to switch to another service, new subscriptions need to be made.
Signals & Alerts
At ForexCity Signal we provide foreign currencies through Telegram App. By using ForexCity Signals, you are agreeing that you are using the service at your risk. We are neither a registered investment advisor nor a broker-dealer. There is an extremely high level of risk involved in forex trading so you should only use your risk capital for forex trading. The past results of our trade are not an indication of future returns. When you are using the signals, you assume complete responsibility for the profits or the losses that you make. You must agree to the fact that the different platforms may have varying prices. At the same time, it is also feasible that by the time the trade alert is received, the data might have changed and moved in a different direction as well. So, you should use your evaluation to make the right trade when a fluctuation has occurred. The same thing applies to closing a trade as well.
Account Management
A. If ForexCity Signal found that the Account Management Service was abused by you or that you have used some means to affect or manipulate the trades in general or you have taken action in any running trades (close half, move SL, TP or full close etc.) without our concern, ForexCity Signal can terminate and cancel your service validity without giving any prior notification.
B. During your service, you can control your trading account. But if you change the credential of your account (Login ID, Password, Broker, Trading Platform) more than 3 (three) times without our concern, ForexCity Signal can terminate your account without giving any prior notification. In this situation, if you want to reactivate your account management service, you’ll need to pay the set-up fee again to continue the service.
C. By subscribing to our service. If you do not share our profit every month or do any fraudulent activity, ForexCity Signal can and will take legal action against you.
D. The set-up fee is non-refundable. You can cancel your service whenever you want. In this situation, we will not issue any refund.
ForexCity Signal Trading
A. If ForexCity Signal found that the ForexCity Signal Trading Service was abused by you or that you have used some means to affect or manipulate the trades in general or you have taken action in any running trades (close half, move SL, TP or full close etc.) without our concern, ForexCity Signal can terminate and cancel your service validity without giving any prior notification.
B. During your service, you can control your trading account. But if you change the credentials of your account (Login ID, Password, Broker, and Trading Platform) without our concern, ForexCity Signal can terminate your account without giving any prior notification. In this situation, if you want to reactivate your ForexCity Signal Trading service, you’ll need to pay the subscription fee again to continue the service.
C. The subscription fee is non-refundable. You can cancel your service whenever you want. In this situation, we will not issue any refund.
DISCLAIMER & WARRANTIES
The services will be provided “as is”. ForexCity Signal does not cover warranties that concern the availability and usefulness of the information. Any damage or loss that is caused because of omission or misrepresentation, deletion, delay, defect, disruption and so on is not a part of the warranties that we offer. We are not responsible for losses occurring due to a failure of transmission of information, internet trouble, network failure, computer virus, alteration of record, or communication line failure. ForexCity Signal and our payment processing service providers are not liable for you or your third-party transactions for any direct, indirect or other incidental damage that can be caused due to service unavailability or failure to access the service.
BILLING:
Subscribers need to agree that the payments for their subscription cannot be disputed on grounds of trading losses. If you do not cancel your membership plan, we will charge your account at the end of every billing cycle.
CANCELLATIONS:
You can unsubscribe at any time by sending us an email at least 72 hours before your next billing period, and we are not responsible for the payment you will make if you fail to unsubscribe your subscription on time. Requests must be sent only to contact@forexcitysignal.com, otherwise, they are not taken into consideration.
REFUND:
This service is a virtual digital product that cannot be returned and therefore is non-refundable. All sales are final. By becoming a client you certify that you are well aware of this aspect and you cease any right to file for a refund after purchase.
As agreed to the terms and conditions above if you are found copying our signals, we have the full authority to remove you from our Telegram group and seize your balance as compensation.
COPYRIGHTS OR TRADEMARKS
ForexCity Signal is the owner and authorized of any trademark that appears on the website. We are also the copyright owner of the content and information listed here unless it is otherwise indicated. You should not download or save any part of the content or take a screenshot or send it via email unless they are stated so. However, you can print a copy of the information for your personal use and the information should not be circulated. If you use the website in such a manner that it infringes your copyright laws, you are liable for legal actions. Links ForexCity Signal has not reviewed all the sites that are linked to us and we are not responsible for content posted on the linked websites. The presence of any link does not mean that we endorse what the other websites have to say.
GUARANTEES:
We DO NOT offer any guarantee regarding the profits you would make by using our services! The guarantees that we provide are only related to the good use of our service and are valid if you are a member and subscriber of the site. You need to follow all our instructions and alerts exactly as we instruct.
COVERING LOSES:
We DO NOT cover ANY account losses! We provide lot size recommendations and it is only up to you if you will use that or will trade by your own beliefs! Forex is not for everyone and you should read our RISK section before doing anything!
SUGGESTED REQUIREMENT:
Account trading balance of at least $3000. Lot size 0.01 or 1pip=$0.01, but you can use any lot size that you like at your own risk.