Disclaimer

GENERAL DISCLAIMER

These pages contain information about the services and products of Ultimate Forex Guide.

Thank you for your interest in ultimate forex guide. This information is provided to you in the interest of transparency and fair dealing for you to properly understand the limits of the services we are willing to provide and the choice you will have to make if you wish to have our services.

You need first to know that our services are limited. Specifically we are neither your financial advisor nor a financial planner and we do not provide the full needs analysis of your investment objectives, financial situation and particular needs that a professional investment adviser or financial planners typically provide.

Fundamentally we provide you execution services only and where any advice is incidentally provided, it is provided specifically on a non-specific to you incidental advice basis, if any advice is provided to you at all.This means that any advice you receive from us will not be based on, nor take into consideration, your specific investment objectives, financial situation or needs. You are hereby warned of this and advised to assess whether any of our advice as may be provided to you is specifically appropriate or suitable to your individual investment objectives, financial situation or particular needs. In particular the mere fact that our advice is to buy or sell or hold any investment product does not necessarily mean, and must not be taken to mean, that the recommendation is suitable for you and you should therefore either make your own assessment (if you are able to) or (if you cannot properly or reasonably make your own assessment) consult with your own financial adviser before acting on any such advice. You should do this before you make any decision on the basis of any advice we may provide to you.

The resources and materials (including any general advice) that you may be provided by or may access from us are provided with the sole aim of enabling you to manage and control your own investments and this means also that you need to be able and willing to accept sole responsibility for ensuring the suitability of any and all investments that you may make with or through us before making any investment or effecting any transaction with our through us.

ultimate forex guide does not guarantee the accuracy or completeness of any information supplied.ultimate forex guide shall not be liable to any customer or third party for the accuracy of the information or any market quotations supplied through this service to a customer, nor for any delays, inaccuracies, errors, interruptions or omissions in the furnishing thereof, for any direct or consequential damages arising from or occasioned by such delays, inaccuracies, errors, interruptions or omissions, or for any discontinuance of the service. Please note that ultimate forex guide accepts no responsibility or liability for the contents of any other site, whether linked to this site or not, or for any consequences from you acting upon the contents of another site. Accessing this website shall not render the user a customer of ultimate forex guide nor shall ultimate forex guide owe such users any duties or responsibilities as a result thereof.

Risk Warning

Foreign exchange trading and investment in derivatives can be very speculative and may result in losses as well as profits. Foreign exchange and derivatives trading entails a considerable risk factor and is therefore not suitable for every investor. The website does not take into account special investment goals, the financial situation or specific requirements of individual users. Hence, you should carefully consider whether trading in leveraged products is appropriate for you in the light of your financial circumstances. You should be aware that dealing in products that are highly leveraged carry significantly greater risk than non-geared investments such as share trading. As such, you could both gain and lose large amounts of money. You may sustain losses in excess of the moneys you initially deposit and also in excess of the margin required to establish and maintain any positions in leveraged products.

Local regulatory restrictions

This website can be accessed worldwide. The information provided is however only intended for use by, any person in any country where such use would not be contrary to local law or regulation. None of the products and services referred to on this website is available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is your sole responsibility to ascertain the terms of and comply with any local law or regulation to which you are subjected to.

Use of the website

ultimate forex guide including its directors, officers or employees shall not be liable for any damages or injury arising out of your access to, or inability to access, this site or from your reliance on any information provided herein. ultimate forex guide disclaims any and all liability for direct, indirect, incidental, consequential, punitive, and special or other damages, lost opportunities, lost profit or any other loss or damages of any kind. This limitation includes any damage or virus, which may affect your computer equipment.

Translation deviances

For customer benefit ultimate forex guide offers this site in a wide range of languages. Users of the website agree that ultimate forex guide shall not be held liable to anyone for any direct or indirect loss or injury caused in whole or in part by the incomplete or inaccurate translation of the original English text to another language. Any translation that constitutes a departure from the English text should be disregarded.

Copyright

The works of authorship contained in this website, including but not limited to all design, text and images, are owned, except as otherwise expressly stated, by ultimate forex guide, and may not be copied, reproduced, transmitted, displayed, performed, distributed, rented, sublicensed, altered, stored for subsequent use or otherwise used in whole or in part in any manner without the prior written consent of ultimate forex guide.

Privacy and Use of Personal Data

When signing up for a demo or live account ultimate forex guide will, for administrative purposes, require and store different information about its customers, for example name, address and contact details. Furthermore some financial information is required for credit assessment. We also require your email address to be able to send you your login information. Your email address will not be passed on to third parties, but may be used by ultimate forex guide in relation to its products (including any marketing campaigns related to these products). If you do not wish to receive such marketing material please email remyforex@yahoo.com to unsubscribe.

ultimate forex guide's employees are obliged to treat this information as confidential and may not pass on or use confidential information about you without justification. Please note that in certain cases, ultimate forex guide may be required to pass on information to the public authorities.

Information about customer relationships will only be disclosed to third parties if ultimate forex guide is entitled to disclose the information according to the laws of Malaysia or has obtained the customer's written consent.

ultimate forex guide can disclose the following information:

General customer data, such as name, address and personal registration number, to companies carrying out administrative tasks for ultimate forex guide

General customer data about corporate customers to financial companies subject to professional secrecy, for the purpose of marketing and advisory services.

Third party services

On the website, other companies may advertise their services through links or banners. ultimate forex guide does not accept any responsibility or liability for the services offered by any other website or company you may visit as a result of such links or banners. If you decide to act on any such information or offers, you do so entirely at your own risk.

Dispute resolution

Any dispute related to the use of these pages will be settled by a Malaysia Court of Law in accordance with the laws of Malaysia.

Client relationship

When applying for an account with ultimate forex guide, each client will be subject to the relevant business terms depending on the type of relationship. The onus is on the client to familiarise yourself with the specific business terms and related policies, which apply to the relevant client relationship with ultimate forex guide.

RISK WARNING

A SIMPLIFIED SUMMARY ON LEVERAGED PRODUCTS AND THE RISKS ASSOCIATED WITH THEM

Trading in financial products always involves a risk. As a general rule, you should therefore only trade in financial products if you understand the products and the risks associated with them. We have endeavoured in the following sections to cover the key leveraged products that ultimate forex guide offers to its clients as well as the risks associated with these particular products.

Foreign exchange trading (FOREX)

When trading in foreign exchange, the investor takes a view on the development of the price of one currency relative to another, where one is sold and the other is purchased. By way of example, an investor may sell British pounds (GBP) against the US dollar (USD) if he expects that the USD will increase relative to the GBP.

Foreign exchange is traded as a leveraged product, which means that for a small outlay, you can open and trade larger positions in the market. Foreign exchange may be traded as FX Spot, FX Forward or FX Options. FX Spot is the purchase of one currency against the sale of another for immediate delivery. FX Forward and FX Options transactions are settled on an agreed date in the future at prices which are agreed on the date of the transaction. FX Forward trading involves an obligation to enter into the transaction at the agreed price on the settlement date. A purchaser of FX Options has a right to enter into a transaction in the underlying FX Spot currency pair on the expiry date if the price is more favourable than the market price at this time. On the other hand, a seller of options has an obligation to enter into a transaction with the purchaser (ultimate forex guide) on the settlement date if requested by the purchaser. Purchased options therefore involve a limited risk in the form of a premium which is payable when the contract is made, while options that have been sold involve unlimited risk in the form of changes to the price of the underlying FX Spot currency pair.

The currency exchange market is the world’s largest financial market with 24 hour trading on working days. It is characterised, among other things, by a relatively low profit margin compared to other products. A high profit is therefore subject to a large trading volume, which is achieved for instance by margin trading as described above. When trading in foreign exchange, a gain realised by one market player will always be offset by another player’s loss. Foreign exchange transactions are always made with ultimate forex guide as counterparty, and ultimate forex guide quotes prices on the basis of prices that can be obtained in the market.

Please note that as foreign exchange is margin traded, it allows you to take a larger position than you would otherwise be able to based on your funds with ultimate forex guide. As such, a relatively small negative or positive market movement can have a significant effect on your investment. Foreign exchange trading therefore involves a relatively high level of risk. This makes the potential gain quite high, even if the deposit is relatively small. If your total exposure on margin trades exceeds your deposit, you risk losing more than your deposit.

CFDs

A CFD - or Contract for Difference - is an agreement between two parties to exchange the difference between the purchase and sale price of a financial instrument or security. The product allows you to take a view on the future increases or decreases in the value of a specific asset, for instance a share. If your view proves to be correct, you will make a profit from the difference in value (less costs). If the view you took turns out to be wrong, you will have to pay the difference in value (plus costs). Being tied to an underlying asset, the value of a CFD depends on that asset. CFDs are always margin traded (see the above paragraph on foreign exchange transactions). CFDs are normally traded with ultimate forex guide as the counterparty, but some CFDs may be traded on a regulated market. However, the price always moves with the price of the underlying product, which is in most cases traded on a regulated market. The price and liquidity of CFDs on individual shares mirror the price and liquidity of the share on the market in which the share is admitted for trading, whereas, for instance, index CFDs are over-the counter (OTC) products with a price fixed by ultimate forex guide on the basis of the price and liquidity of the underlying shares, the futures market, estimated future dividends, the effects of interest rates, etc. 

Please note that as CFDs are margin traded, it allows you to take a larger position than you would otherwise be able to based on your funds with ultimate forex guide. As such, a relatively small negative or positive movement in the underlying instrument can have a significant effect on your investment. CFD trading therefore involves a relatively high level of risk. This makes the potential gain quite high, even if the deposit is relatively small. If your total exposure on margin trades exceeds your deposit, you risk losing more than your deposit.

Futures

Futures trading involves trading on the price of a specific underlying asset going up or down in the future. A future gives the holder a standardised obligation to either buy or sell the underlying asset at a specified price at a certain date in the future. The underlying asset may, for instance, be raw materials, agricultural produce or financial products. Depending on the nature of the future, the asset either has to be settled for the price difference or by actual delivery at the settlement date. ultimate forex guide does not support actual physical delivery. Futures are always traded on margin (see “Foreign exchange trading” above). Futures are always traded in a regulated market, either by direct trading in the stock exchanges' trading systems, or by reporting of transactions.

Please note that as futures are margin traded, it allows you to take a larger position than you would otherwise be able to based on your funds with ultimate forex guide. As such, a relatively small negative or positive market movement can have a significant effect on your investment. Futures trading therefore involves a relatively high degree of risk. This makes the potential gain quite high, even if the deposit is relatively small. If your total exposure on margin trades exceeds your deposit, you risk losing more than your deposit.

No Warranty or Liability : 

The information presented herein is intended for general circulation and does not constitute investment, legal, accounting, tax or financial advice. It does not take into account the specific investment objectives, financial situation or particular needs of any person, and any information contained herein should be verified independently, taking into account, the specific investment objectives, financial situation or particular needs of the investor, before the investor makes a commitment to transact in any investment.

Although information presented in this document has been obtained or derived from sources believed to be correct and reliable, ultimate forex guide makes no warranty or accepts any liability of any kind as to its accuracy, adequacy, reliability, timeliness or reasonableness of such information. You assume all risks for any reliance on the information presented herein.