Risk Disclosure Statement
1. Nature of Trading Risks
Foreign exchange and leveraged trading carry a high degree of risk. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility exists that you could sustain a loss in excess of your deposited funds and therefore you should not speculate with capital that you cannot afford to lose.
2. Leverage Risk
Leverage allows you to control large positions with a relatively small amount of capital. While leverage can amplify profits, it can equally amplify losses. A small market movement against your position may result in a proportionally much larger loss, which may exceed your initial investment.
3. Market Risk
Financial markets are influenced by numerous factors including economic data, geopolitical events, market sentiment, and technical factors. Markets can experience extreme volatility, gaps in pricing, and periods of low liquidity that may result in slippage or inability to execute orders at desired prices.
4. Copy Trading Risk
GORA.trade offers copy trading functionality that allows you to replicate the trades of other users. By using this feature, you acknowledge and accept that:
- Past performance of any signal provider is not a guarantee of future results.
- The signal provider's trading strategy may change at any time without notice.
- Execution differences (slippage, spread differences, timing) may cause your results to differ from the signal provider's results.
- You remain fully responsible for monitoring your account and can disconnect from any signal provider at any time.
- GORA.trade does not guarantee the performance, reliability, or suitability of any signal provider.
5. Technology Risk
Trading through electronic platforms carries technology-related risks including but not limited to software failures, internet connectivity issues, hardware malfunctions, and cyber attacks. GORA.trade is not liable for losses arising from technology failures that are beyond our reasonable control.
6. No Financial Advice
GORA.trade does not provide investment advice, financial advice, trading advice, or any other sort of professional advice. The analytics, statistics, and tools provided on the Platform are for informational and educational purposes only. You should consult with a qualified financial advisor before making any trading decisions.
7. Regulatory Considerations
Trading regulations vary by jurisdiction. It is your responsibility to ensure that your trading activities comply with the laws and regulations applicable in your country of residence. GORA.trade does not represent that its services are appropriate for use in all jurisdictions.
8. Limited Power of Attorney (LPOA)
If you choose to use the copy trading feature, signing the LPOA grants designated signal providers the authority to execute trades on your connected broker account. This authorization:
- Is limited to executing buy and sell orders based on the provider's signals.
- Does not grant access to withdraw or transfer funds from your account.
- Can be revoked by you at any time through your GORA.trade account settings.
- Is recorded with your IP address, browser fingerprint, and timestamp for legal audit purposes.
9. Acknowledgment
By signing this Risk Disclosure Statement, you acknowledge that you have read, understood, and accepted all the risks described herein. You confirm that you are trading with risk capital — money you can afford to lose — and that you will not hold GORA.trade liable for any trading losses.
