Risk Warning

Last Updated: October 8, 2024

Trading foreign exchange (FX), cryptocurrencies, and other financial instruments on margin involves significant risk. This Risk Warning is designed to inform you of the associated risks before using MT Academy’s platform or services. It is crucial that you fully understand these risks and consult an independent financial advisor if needed.

1. High Risk of Trading

Trading FX, cryptocurrencies, and other financial instruments on margin can lead to substantial losses as well as gains. The use of leverage amplifies both profits and losses. There is a risk that you may lose more than your initial investment. Do not trade with funds you cannot afford to lose.

2. Leverage Risk

Leverage allows traders to control larger positions with a smaller amount of capital. While this can increase potential profits, it also increases potential losses. High levels of leverage may result in significant losses, including the total loss of your initial investment and liabilities beyond your deposit. Ensure that you fully understand how leverage works and use it responsibly.

3. Market Volatility

Financial markets, particularly FX and cryptocurrencies, are highly volatile. Prices can fluctuate rapidly due to news, economic reports, geopolitical events, and market sentiment. This volatility may result in swift and significant losses. Past performance is not indicative of future results, and even experienced traders can suffer substantial losses.

4. Margin Calls

Your positions may be subject to margin calls. If the market moves against your position and your account balance falls below the required margin level, MT Academy may liquidate your position to protect your account. MT Academy is not liable for any losses incurred due to margin calls or liquidation of positions.

5. Liquidity Risk

Some financial instruments may lack liquidity, especially during volatile market conditions. This could result in delays when executing trades or cause trades to be executed at unfavorable prices, leading to losses. MT Academy is not responsible for any losses incurred due to low liquidity or execution delays.

6. Dependency on Third-Party Traders

If you choose to copy other traders’ strategies, you are relying on their expertise and decisions. These traders may change their strategies or take risks that do not align with your financial goals. MT Academy is not responsible for the outcomes of copied trades or decisions made by third-party traders.

7. Automated Trading and Bots

While automated trading systems and bots can execute trades on your behalf, they do not guarantee profits. Bots are subject to the same risks as manual trading, including market volatility and technical failures. MT Academy is not liable for any losses incurred as a result of using automated trading systems or bots.

8. Technical and System Risks

8.1 Platform Reliability:

While MT Academy strives to provide a reliable trading platform, technical issues such as hardware failures, software bugs, and connectivity disruptions may occur. These issues may result in delays in executing trades, incorrect data feeds, or total loss of access to the platform. MT Academy is not liable for losses arising from technical issues.

8.2 Internet-Based Trading Risks:

Trading via an internet-based platform carries risks related to internet connectivity, including disruptions caused by service providers, internet congestion, or user device malfunctions. MT Academy is not responsible for losses caused by such external factors.

8.3 Data and Security Risks:

Although MT Academy employs advanced encryption and security measures, there is always a risk of cyberattacks or data breaches. While MT Academy strives to protect your data, it is not liable for losses due to security breaches or cyberattacks.

9. Fees, Costs, and Commissions

Before engaging in trading, ensure that you fully understand the fees, costs, and commissions associated with each trade. These fees can affect your net profit and increase the risk of loss. MT Academy is not responsible for losses related to trading fees or commissions.

10. Regulatory and Legal Risks

Financial markets, including FX and cryptocurrency markets, are subject to changing regulatory and legal environments. New laws or regulations may impact your ability to trade or withdraw funds. MT Academy does not guarantee that trading will remain unaffected by future regulatory or legal changes.

11. Third-Party Data and Research

MT Academy may provide market data, research, and analysis from third-party providers. This information is intended as general market commentary and does not constitute investment advice. MT Academy does not guarantee the accuracy, completeness, or timeliness of third-party content and is not responsible for any trading losses resulting from reliance on this information.

12. Limited Liability

To the maximum extent permitted by law, MT Academy will not be liable for any direct, indirect, incidental, or consequential losses, including loss of profits, arising from your use of the platform. This includes, but is not limited to, losses caused by market movements, reliance on third-party data, system failures, or technical disruptions.

13. User Responsibility

It is the user’s responsibility to fully understand the risks involved in trading and to seek independent financial advice if necessary. By using MT Academy’s platform, you acknowledge that you have read and understood this Risk Warning and are aware of the potential risks involved.

14. Amendments to Risk Warning

MT Academy reserves the right to amend this Risk Warning at any time. Users will be notified of significant changes. Continued use of the platform constitutes acceptance of the updated Risk Warning.

15. Governing Law and Jurisdiction

This Risk Warning is governed by and construed in accordance with the laws of the United Kingdom. For users located outside the United Kingdom, the laws of your local jurisdiction may apply, and you may have additional rights and protections. Any disputes arising from the use of MT Academy’s platform will be subject to the jurisdiction of the courts in London, UK, or your local jurisdiction, as applicable.