1.    Introduction and Purpose

1.1  Informational Nature
‍This Risk Disclosure Statement (“Disclosure”) is issued by Amari Markets Ltd. (the “Company”, “Amari Markets”, “we”, “us” or “our”) and is intended solely for the purpose of providing Clients with general information about the nature and scope of risks associated with trading through the Company’s electronic trading platform (the “Platform”).

1.2  Not Investment Advice
This Disclosure does not, and shall not be construed to, constitute investment advice, financial guidance, tax advice, legal advice, or a recommendation to trade any product or instrument. The Company does not act as a fiduciary, adviser, or agent of the Client in any capacity. The Client acknowledges that they enter into all trades and investment decisions independently and at their own initiative.

1.3  Client’s Responsibility to Understand Risks
‍It is the sole responsibility of the Client to ensure that they have carefully reviewed, understood, and assessed all risks associated with trading before opening an account or placing any order. The Client must seek independent financial, tax, or legal advice where necessary. The Company shall not be liable for the Client’s failure to obtain such advice.

1.4  Assumption of Full Risk by Client
‍By opening an account with the Company, the Client expressly accepts that trading in foreign exchange, cryptocurrencies, commodities, stocks, indices, contracts for difference, and other derivative instruments involves a high degree of risk, including the possibility of the total loss of invested capital. The Client further acknowledges that they trade solely at their own risk and initiative and that the Company has no obligation to ensure that the Client’s trading decisions are suitable, appropriate, or lawful.

1.5   No Guarantee or Warranty by the Company
‍The Company does not guarantee any specific outcome, profit, or level of performance. Past results of trading strategies, products, or tools do not guarantee future outcomes. The Client acknowledges that the Company makes no representation or warranty regarding the accuracy, completeness, timeliness, or reliability of market data, research, commentary, or other materials made available on the Platform.

1.6   Client’s Legal Responsibility
‍The Company is incorporated and operates exclusively under the laws of Saint Lucia. The Client is solely responsible for determining whether accessing and using the Platform is lawful in their jurisdiction of residence, nationality, or in corporation. The Company makes no representation or assurance regarding the legality of its services outside of Saint Lucia. The Client assumes full responsibility and liability for any consequences of using the Platform in jurisdictions where such activity is prohibited or restricted.

1.7   No Liability of the Company
‍The Client irrevocably agrees that the Company shall not be liable for any financial loss, regulatory penalty, tax obligation, reputational harm, or other consequence arising directly or indirectly from the Client’s decision to trade. All risks rest exclusively with the Client, who accepts that they are entering into trading activities entirely at their own initiative and risk.

1.8   Binding Acknowledgment
‍By opening an account, funding it, or placing a trade, the Client confirms that they have read, understood, and accepted this Disclosure in full. The Client acknowledges that this Disclosure forms an integral and binding part of their contractual relationship with the Company under the Client Agreement and that their continued use of the Platform constitutes conclusive evidence of such acceptance.

2.    General Trading Risks

‍2.1   Non-Exhaustive Nature of Risks
Trading in financial instruments carries inherent risks, many of which cannot be foreseen in advance. The risks described below are not exhaustive. The Client acknowledges that there may be additional risks not specifically identified in this Disclosure, and that it is the Client’s sole duty to evaluate and accept all such risks before trading.

2.2   Volatility Risk
Prices of foreign exchange, cryptocurrencies, commodities, stocks, indices, and other instruments may fluctuate rapidly and unpredictably. Sharp price swings may occur within seconds or minutes, causing significant losses, including total loss of invested capital. The Company shall not be liable for losses caused by volatility, regardless of severity.

2.3  Leverage and Margin Risk
Trading on leverage or margin amplifies both gains and losses. Even minor price movement scan result in disproportionate impacts on the Client’s account, including immediate liquidation of positions. Failure to maintain adequate margin may trigger automatic closure of trades at unfavorable prices. The Client assumes all responsibility for monitoring margin levels and accepts the risk of losing their entire balance.

2.4  Liquidity Risk
Certain markets may experience periods of illiquidity where it becomes difficult or impossible to enter or exit positions at the desired price. This may occur during market stress, off-market hours, or due to lack of available counter parties. Illiquidity can result in slippage, forced liquidations, or inability to trade. The Client accepts full responsibility for losses arising from liquidity shortages.

2.5   Execution and Slippage Risk
The Client acknowledges that orders may be delayed, partially filled, or executed at a price different from the requested level due to latency, market depth, or external conditions. Such slippage can be adverse to the Client. The Company does not guarantee execution at requested prices and shall bear no liability for slippage or re-quotes.

2.6   Gapping and Overnight Risk
When markets open after a closure or gap due to news or extraordinary events, prices may shift significantly from prior levels. Stop-loss or limit orders may not function as intended in such conditions. The Client bears the risk of substantial losses caused by market gaps.

2.7   Currency and Exchange Risk
Where trades involve instruments denominated in a currency different from the Client’s base account currency, exchange rate fluctuations may affect profits or losses. The Client alone assumes this risk.

2.8   Interest Rate and Financing Risk
Positions held overnight may attract swap or financing charges. Rates may change without prior notice depending on market conditions, liquidity, or Company policy. These charges may erode profitability or convert profitable trades into losses.

2.9   Opportunity Cost
The Client acknowledges that capital tied up in trades may lead to opportunity costs. The Company shall not be liable for lost profit opportunities, unrealized gains, or comparative underperformance.

2.10  Client’s Sole Responsibility
The Client expressly agrees that they trade entirely at their own initiative, risk, and responsibility. The Company does not monitor the suitability of trading for the Client and shall not be liable for losses arising from any of the risks listed above.

3.     Product-Specific Risks

‍3.1    General Principle
The Client acknowledges that each class of financial instruments carries distinct risks in addition to the general trading risks described in Clause 2. The Company makes no representation regarding the suitability or legality of any instrument and does not guarantee its availability, performance, or regulatory status. The Client is solely responsible for understanding the mechanics, volatility, and regulatory treatment of each product before engaging in trading.
a)  CFDs and other derivatives are complex instruments and may not be suitable for all investors.
b)  These products are often highly leveraged, magnifying both gains and losses.
c)   Rapidly changing market conditions may lead to forced liquidations or negative balances.
d)  Certain jurisdictions classify CFDs as restricted or prohibited financial products. The Client assumes full liability for ensuring that trading CFDs is lawful in their jurisdiction.
e)   The Client accepts that derivative trading carries a high probability of capital loss and waives any claim against the Company for losses sustained. 

3.2    Foreign Exchange (Forex) Risks
a)   Exchange rates are influenced by geopolitical events, central bank policies, macroeconomic indicators, interest rate changes, and market sentiment.
b)   Volatility in forex markets can lead to significant and rapid losses.
c)   Unexpected events (e.g., currency devaluations, capital controls, or peg removals) may cause extraordinary price movements.
d)   Forex products may be subject tore strictions, reporting obligations, or prohibitions in certain jurisdictions. The Client bears full responsibility for ensuring legality and compliance.

3.3    Crypto currencies and Digital Asset Risks
a)   Cryptocurrencies are highly volatile and can lose substantial value within hours or minutes.
b)   Risks include forks, protocol changes, hard/soft splits, or permanent network shutdowns.
c)   Technological vulnerabilities may lead to hacking, theft, denial-of-service attacks, or loss of access to wallets.
d)   Liquidity fragmentation across exchange scan result in wide spreads or execution delays.
e)   Governments or regulators may ban, restrict, or reclassify cryptocurrencies as securities or other regulated instruments without notice.
f)    The Client acknowledges that they may lose the entire value of their holdings and waives all claims against the Company for losses arising from crypto-specific risks.

3.4    Contracts for Difference (CFDs) and Derivative Risks
a)    CFDs and other derivatives are complex instruments and may not be suitable for all investors.
b)    These products are often highly leveraged, magnifying both gains and losses.
c)    Rapidly changing market conditions may lead to forced liquidations or negative balances.
d)   Certain jurisdictions classify CFDs as restricted or prohibited financial products. The Client assumes full liability for ensuring that trading CFDs is lawful in their jurisdiction.
e)    The Client accepts that derivative trading carries a high probability of capital loss and waives any claim against the Company for losses sustained.

3.5    Stock, Index, and Equity Risks
a)   Stock and index prices are subject to corporate actions (e.g., dividends, mergers, earnings reports) and broader macroeconomic factors.
b)   Market halts, suspensions, or circuit breakers may prevent trading or cause substantial price gaps.
c)   Indices may be rebalanced or reconstituted, leading to sudden changes in composition and pricing.
d)   Regulatory authorities may impose restrictions on short selling, leverage, or trading hours. The Company bears no responsibility for such restrictions or their impact on the Client’s positions.

3.6   Commodity and Energy Market Risks
a)   Commodities are influenced by global supply and demand, geopolitical events, weather patterns, and government interventions.
b)   Energy products (e.g., oil, gas) are especially vulnerable to geopolitical instability, OPEC decisions, and environmental events.
c)   Prices may experience extreme volatility, including sudden collapses or spikes.
d)  Commodity markets may suffer from illiquidity during off-hours or in times of crisis, leading to large slippage or inability to execute trades.
e)  The Company shall not be liable for losses caused by commodity-specific risks.

3.7       Regulatory Classification Risk
a)   The Client acknowledges that financial instruments may be reclassified by regulators (e.g., cryptocurrencies treated as securities, CFDs redefined as investment products).
b)   Such reclassification may result in prohibition, restrictions, or enforcement actions against Clients.
c)   The Company shall not be liable for consequences of product reclassification, and the Client accepts full responsibility for ensuring their continued compliance.

3.8       Client’s Duty of Independent Assessment
The Client confirms that they:
a)   have independently researched and understood the risks associated with each product before trading;
b)   accept that past performance is not indicative of future results;
c)   shall not rely on the Company for explanations, guarantees, or assurances regarding product risks;
d)  trade each product class entirely at their own risk and initiative.

4.     Operational and Technology Risks
‍
‍4.1   Dependence on Electronic Systems Trading on the Platform is conducted electronically and is dependent on complex systems, including servers, telecommunications, data networks, and external liquidity providers. The Client acknowledges that such systems may fail, malfunction, or become unavailable without warning, and that such failures may prevent the execution, modification, or cancellation of orders.

4.2  System Failures and Downtime
Interruptions, delays, latency, outages, or overload of the Platform, whether due to hardware failure, software malfunction, scheduled maintenance, or external attacks, may adversely affect the Client’s ability to trade. Orders may be delayed, executed at different prices, or rejected altogether. The Company shall not be liable for any losses resulting from system downtime or failures.

4.3   Internet and Communication Risks
The Client acknowledges that access to the Platform depends on stable internet connectivity and communication lines. Interruptions, weak signals, or failures on the Client’s end (including power outages, unstable internet service, or device malfunctions) may prevent order execution or account access. The Company shall bear no responsibility for such risks.

4.4   Cybersecurity and External Attacks
The Platform maybe subject to hacking attempts, distributed denial-of-service (DDoS) attacks, malware, or other cybersecurity threats. Such events may compromise account access, data integrity, or order execution. The Company undertakes reasonable security measures but does not warrant immunity from cyberattacks. The Client accepts all risks of losses, delays, or data breaches caused by external attacks and waives any claims against the Company.

4.5   Third-Party Dependencies
Market data, liquidity feeds, and execution channels are provided by third parties beyond the Company’s control. Errors, inaccuracies, delays, or failures in such third-party systems may impact pricing, execution, or account balances. The Client agrees that the Company shall not be liable for third-party errors or omissions.

4.6   Client’s Responsibility for Devices and Security
The Client is solely responsible for:
a)   securing their devices with updated antivirus and firewall protections;
b)   safeguarding login credentials from unauthorized access;
c)    ensuring stable internet connectivity and adequate system performance;
d)   regularly updating operating systems and trading applications.
e)    Losses caused by unauthorized access due to the Client’s negligence shall be borne entirely by the Client.

4.7    Force Majeure in Technology
Extraordinary events such as widespread internet outages, power failures, natural disasters, or government restrictions may prevent access to the Platform. The Company reserves the right to suspend or modify operations in such circumstances without liability.

4.8   No Guarantee of Error-Free Operation
The Company makes no representation that the Platform will be uninterrupted, error-free, or immune to defects. The Client expressly waives any claim against the Company for lost profits, missed opportunities, or losses resulting from technical issues.

4.9   Indemnity for Operational Risks
The Client agrees to indemnify and hold harmless the Company, its directors, officers, employees, affiliates, and service providers against any claim, liability, penalty, cost, or expense (including legal fees) arising out of:
a)   the Client’s failure to secure their account or devices;
b)   unauthorized or fraudulent use of the Client’s credentials;
c)   system downtime or failures attributable to Client-side issues;
d)   or regulatory or third-party claims stemming from operational or technological disruptions.

5.     Regulatory and Legal Risks

‍5.1  Incorporation and Regulation
The Client acknowledges that the Company is incorporated and operates exclusively under the laws of Saint Lucia. The Company is not authorized, licensed, or regulated by any authority outside of Saint Lucia, unless expressly stated on the Company’s official website or in written communication.

5.2  No Representation of Legality Abroad
The Company makes no representation, warranty, or assurance that trading through its Platform is lawful or permitted in the Client’s country of residence, nationality, or incorporation. The mere ability to access the Platform from a particular jurisdiction shall not be construed as a representation by the Company that such use is legal in that jurisdiction.

5.3  Client’s Sole Responsibility
It is the sole and exclusive duty of the Client to:
a)  determine whether their use of the Platform is lawful under applicable local laws, rules, and regulations;
b)  ensure compliance with all restrictions, licensing, registration, or reporting obligations imposed by authorities in their jurisdiction;
c)  bear the consequences of any legal, tax, or regulatory obligations arising from their trading activities.

5.4  No Liability of the Company
The Company shall not be liable, whether directly or indirectly, for:
a)  any enforcement action, penalty, sanction, fine, or prosecution imposed on the Client by regulatory, governmental, or judicial authorities in their jurisdiction;
b)  confiscation, freezing, or seizure of Client funds or assets by foreign governments, regulators, or courts;
c)   suspension, prohibition, or ban on the Client’s access to the Platform imposed by their home jurisdiction;
d)   reputational damage, financial losses, or opportunity costs arising from such legal or regulatory consequences.

5.5  Risk of Reclassification
The Client acknowledges that financial instruments offered on the Platform may be reclassified, restricted, or prohibited by regulators (for example, cryptocurrencies treated as securities, or CFDs classified as restricted investment products). The Client accepts full liability for the consequences of such reclassification and waives any right to hold the Company responsible for enforcement actions arising therefrom.

5.6  Company’s Right to Restrict Access
The Company reserves the right, at its sole discretion, to suspend, restrict, or terminate access to the Platform for Clients located in, or believed to be operating from, jurisdictions where the services provided are unlawful, restricted, or contrary to local regulations. The Client acknowledges that such suspension or termination may occur without notice and without liability to the Company.

5.7   Indemnity for Legal Breach
The Client expressly agrees to indemnify and hold harmless the Company, its directors, officers, employees, affiliates, and service providers from and against any claim, demand, fine, penalty, liability, cost, or expense (including legal fees) arising out of:
a)  the Client’s use of the Platform in contravention of their local laws or regulations;
b)  any enforcement or regulatory action brought against the Company due to the Client’s activities;
c)  any misrepresentation, omission, or false statement made by the Client regarding their eligibility to use the Platform.

5.8  Waiver of Claims
The Client irrevocably waives any right to seek damages, refunds, restitution, or compensation from the Company in connection with:
a)  regulatory bans, restrictions, or enforcement actions in their jurisdiction;
b)  termination or suspension of their account pursuant to this clause;
c)  any inability to use the Platform due to legal or regulatory prohibitions.

5.9  Survival of Obligations
The Client’s obligations under this clause, including indemnification and waivers, shall survive termination of their account and remain binding indefinitely.

6.    Extraordinary Events and Force Majeure

‍6.1  Definition of Events
For the purposes of this Disclosure, “Extraordinary Events” or “Force Majeure Events” shall mean any event, circumstance, or condition, whether foreseeable or unforeseeable, beyond the reasonable control of the Company, including but not limited to:
a)  natural disasters such as earthquakes, floods, hurricanes, fires, or pandemics;
b)  acts of God, war, terrorism, riots, civil unrest, sabotage, or military action;
c)  governmental actions including bans, sanctions, expropriation, or regulatory interventions;
d)  exchange suspensions, trading halts, circuit breakers, or liquidity crises;
e)  cyberattacks, system malfunctions, communication outages, or widespread internet failures;
f)   extreme market volatility, illiquidity, or collapse of counterparties or liquidity providers.

6.2  Rights of the Company
In the event of an Extraordinary Event, the Company may, in its sole and absolute discretion, and without prior notice to the Client:
a)  suspend, restrict, or terminate access to the Platform;
b)  cancel, amend, or refuse orders;
c)  liquidate or close open positions at the first available price;
d)  widen spreads, adjust margin requirements, or restrict leverage;
e)  delay or suspend deposits, withdrawals, or non-trading transactions;
f)   modify trading conditions temporarily or permanently;
g)  take any other measures deemed necessary to safeguard the Company, its Clients, or the financial markets.

6.3  No Liability of the Company
The Client expressly acknowledges and agrees that the Company shall not be liable for any loss, damage, cost, penalty, opportunity loss, or unrealized profit suffered as a result of:
a)  inability to trade or access the Platform during Extraordinary Events;
b)  forced liquidation or closure of positions;
c)  widening of spreads, increased margin, or leverage restrictions;
d)  delays or failures in execution caused by market or systemic disruption;
e)   suspension, removal, or restriction of instruments or services.

6.4  Client’s Assumption of Risk
The Client accepts that Extraordinary Events are inherent risks of trading and may occur suddenly without warning. By trading on the Platform, the Client assumes full responsibility for such risks and waives any right to demand compensation or restitution from the Company.

6.5  Regulatory and Legal Fallout
If governmental authorities, regulators, or financial institutions impose restrictions, bans, or enforcement actions affecting the Client’s trading, the Client acknowledges that:
a)  the Company may be compelled to freeze, seize, or report the Client’s funds or transactions;
b)  the Company shall not be liable for losses arising from such regulatory actions;
c)  the Client bears exclusive responsibility for compliance and for any penalties, fines, or sanctions imposed on them.

6.6   Indemnity for Consequences
The Client agrees to indemnify and hold harmless the Company, its directors, officers, employees, affiliates, and service providers against any claims, penalties, costs, liabilities, or expenses (including legal fees) resulting from or connected to the Client’s trading activities during or in relation to an Extraordinary Event.

6.7   Survival
The rights of the Company and the obligations of the Client under this clause shall survive termination of the Client’s account and remain binding indefinitely, regardless of whether the Extraordinary Event has ceased.

7.    Market Data, Commentary, and Tools

‍7.1   Informational Purpose Only
The Client acknowledges that any market data, price feeds, charts, research reports, news updates, commentary, analysis, trading signals, indicators, educational materials, or other informational content (collectively, “Market Information”)provided on or through the Platform, by the Company or third-party providers, is supplied for general informational purposes only. Such content shall not be construed as investment advice, a recommendation, or a solicitation to trade.

7.2  No Guarantee of Accuracy or Timeliness
The Company does not guarantee the accuracy, completeness, reliability, timeliness, or availability of Market Information. Market Information may be delayed, outdated, erroneous, incomplete, or inconsistent with other market sources. The Client expressly acknowledges that they cannot rely upon Market Information as a basis for making trading decisions.

7.3  No Fiduciary Duty
The provision of Market Information does not create a fiduciary relationship between the Company and the Client. The Client remains solely responsible for evaluating all information and exercising independent judgment in their trading activities.

7.4  No Liability of the Company
The Company shall not be liable, under any circumstance, for losses, damages, or opportunity costs arising from:
a)  reliance on Market Information provided through the Platform;
b)  delays or interruptions in the delivery of data;
c)  inaccuracies, errors, or omissions in Market Information;
d)  actions or inactions taken by third-party data or content providers.

7.5  Third-Party Data Sources
Where Market Information is supplied by third-party providers, exchanges, or data aggregators, the Company makes no representation regarding its accuracy or reliability. The Client acknowledges that third-party data may be incomplete, outdated, or subject to sudden withdrawal without notice.

7.6   Client’s Duty of Independent Assessment
The Client agrees to:
a)      conduct independent research and due diligence before entering into any transaction;
b)     seek professional financial, tax, or legal advice where necessary;
c)      not rely solely on Market Information or tools provided on the Platform.

7.7   Waiver of Claims
The Client irrevocably waives any right to bring claims, demands, or proceedings against the Company for losses or damages incurred from reliance on Market Information, regardless of whether such information was provided directly by the Company or through a third-party provider.

7.8    Indemnity
The Client agrees to indemnify and hold harmless the Company, its directors, officers, employees, affiliates, and service providers against any liability, penalty, fine, claim, or expense (including legal costs) arising from:
a)      the Client’s reliance on Market Information;
b)     dissemination or misuse of Market Information by the Client;
c)      any third-party claim against the Company relating to Market Information accessed by the Client.

7.9   Survival
The disclaimers, waivers, and indemnities under this clause shall survive termination of the Client’s account and remain binding indefinitely.

8.   Automated and Copy Trading Risks

‍8.1   Independent Responsibility
The Client acknowledges that any use of automated trading systems, algorithms, robots, scripts, Application Programming Interfaces (APIs), or copy trading services(collectively, “Automated or Copy Trading Systems”) is undertaken entirely at the Client’s own initiative, judgment, and risk. The Company does not recommend, endorse, supervise, or assume responsibility for the operation or outcomes of such systems.

8.2  No Guarantee of Performance
The Company makes no representation, warranty, or guarantee that Automated or Copy Trading Systems will function as intended, be compatible with the Platform, or produce profitable results. Past performance of such systems or of traders copied by the Client does not guarantee future results.

8.3  Technical and Operational Risks
Automated or Copy Trading Systems are vulnerable to latency, connectivity issues, programming errors, bugs, misconfigurations, and third-party malfunctions. Orders generated by such systems may be delayed, duplicated, rejected, or executed at unintended prices. The Client bears full responsibility for monitoring their systems and positions at all times.

8.4  Third-Party Providers
Where Automated or Copy Trading Systems are provided by third parties, including but not limited to software developers, strategy providers, or other Clients, the Company makes no representation regarding their quality, legality, or suitability. The Company shall not be liable for failures, misrepresentations, or losses caused by third-party systems.

8.5   No Fiduciary Duty
The Client acknowledges that the Company does not act as an adviser or fiduciary in relation to Automated or Copy Trading Systems. The Client alone decides whether to use such systems and accepts all consequences of doing so.

8.6   Client’s Duty of Monitoring
The Client must continuously monitor their account and trades, even when Automated or Copy Trading Systems are in operation. The Company shall not be liable for losses resulting from the Client’s failure to supervise such systems.

8.7   Regulatory and Legal Risks
The use of Automated or Copy Trading Systems may be restricted or regulated in certain jurisdictions. The Client bears sole responsibility for ensuring compliance with applicable laws. The Company shall not be liable for enforcement actions, penalties, or prohibitions arising from the Client’s use of such systems.

8.8  Waiver of Claims
The Client irrevocably waives any right to bring claims, demands, or proceedings against the Company in respect of losses, damages, opportunity costs, or dissatisfaction with the results of Automated or Copy Trading Systems.

8.9   Indemnity
The Client agrees to indemnify and hold harmless the Company, its directors, officers, employees, affiliates, and service providers against any liability, claim, penalty, fine, or expense (including legal fees) arising from:
a)  the Client’s use of Automated or Copy Trading Systems;
b)  reliance on third-party developers, signal providers, or copied traders;
c)  regulatory or enforcement actions linked to such systems.

8.10  Survival
The disclaimers, waivers, and indemnities set out in this clause shall survive termination of the Client’s account and remain enforceable indefinitely.

9.   Taxation Risks

‍9.1  Sole Responsibility of Client
The Client acknowledges and agrees that they are solely and exclusively responsible for determining, understanding, and complying with all tax obligations, reporting requirements, filings, and payments applicable in their jurisdiction of residence, nationality, or incorporation in relation to profits, losses, deposits, withdrawals, or account balances on the Platform.

9.2  No Tax Advice
The Company does not provide tax advice, planning, or guidance of any kind. The availability of the Platform or the execution of trades shall not be construed as are presentation or assurance by the Company that the Client’s trading activities are tax-free, tax-compliant, or otherwise legally exempt in their jurisdiction. The Client must seek independent professional advice on taxation matters.

9.3  No Withholding or Reporting by Company
Unless expressly required under the laws of Saint Lucia, the Company shall not be responsible for withholding, deducting, or remitting any taxes (including income tax, capital gains tax, value-added tax, stamp duty, or any equivalent). Nor shall the Company have any obligation to report the Client’s trading activities to tax authorities in the Client’s jurisdiction.

9.4  Risks of Non-Compliance
Failure by the Client to comply with applicable tax laws may result in penalties, fines, enforcement actions, or criminal liability in their jurisdiction. The Client accepts full responsibility for such consequences and waives any claim against the Company for losses, penalties, or sanctions arising from their own non-compliance.

9.5  Indemnity
The Client agrees to indemnify, defend, and hold harmless the Company, its directors, officers, employees, affiliates, and service providers against any liability, investigation, penalty, cost, or expense (including legal fees) arising out of or connected with:
a)  the Client’s failure to comply with their tax obligations;
b)  claims or demands by tax authorities relating to the Client’s activities on the Platform;
c)  enforcement actions directed at the Company due to the Client’s non-compliance.

9.6  Waiver of Claims
The Client irrevocably waives any right to demand compensation, reimbursement, or damages from the Company in connection with taxation matters, including but not limited to:
a)  tax penalties or interest imposed on the Client;
b)  changes in tax laws affecting trading outcomes;
c)  adverse tax treatment of profits, withdrawals, or account balances.

9.7   Survival
The obligations, waivers, and indemnities under this clause shall survive termination of the Client’s account and remain binding indefinitely.

10.   FinalAcknowledgment

‍10.1  Acknowledgment of Risks
By opening an account, funding it, or engaging in trading through the Platform, the Client expressly acknowledges that they have carefully read, reviewed, and understood this Risk Disclosure Statement in its entirety. The Client confirms that they fully comprehend the nature and extent of the risks described herein, including the possibility of a complete loss of invested capital.

10.2  Independent Decision
The Client affirms that they are entering into trading activities entirely of their own free will, judgment, and initiative, without reliance on any statement, representation, or assurance from the Company. The Client understands that the Company does not provide investment, financial, legal, or tax advice and that all decisions are made independently by the Client.

10.3  Financial Capacity
The Client confirms that they have assessed their financial situation and determined that they have the capacity to bear the risks of trading, including the loss of their entire account balance, without adverse impact on their livelihood, obligations, or financial well-being.

10.4  No Liability of the Company
The Client expressly agrees that the Company shall not be liable for any losses, damages, opportunity costs, penalties, reputational harm, or enforcement actions incurred by the Client as a result of trading activities. The Client waives any right to claim compensation, restitution, or indemnification from the Company in respect of such consequences.

10.5  Client’s Duty of Ongoing Review
The Client acknowledges that the nature of financial markets, trading instruments, and applicable laws may evolve over time. The Client undertakes to continuously monitor and review their risk exposure, legal compliance, and financial capacity on an ongoing basis. The Company has no obligation to update the Client of changes in risks, market conditions, or regulatory frameworks.

10.6  Binding and Integral Agreement
This Risk Disclosure Statement forms an integral and binding part of the Client’s contractual relationship with the Company under the Client Agreement. The Client accepts that their continued access to and use of the Platform constitutes conclusive evidence of their acceptance of all risks described herein.

10.7  Survival of Acknowledgment
The Client’s acknowledgments, waivers, and indemnities under this clause shall survive termination of their account and remain binding indefinitely, ensuring that the Client cannot later claim lack of understanding, lack of consent, or reliance on the Company.