Risk Disclosure
Effective Date: October 16, 2024
Welcome to Boer Funded. We prioritize transparency and integrity in all our dealings. This Risk Disclosure statement outlines the potential risks associated with trading and using our funded trader programs. It is essential that you read and understand these risks before engaging in any trading activities with us. By participating in our programs, you acknowledge and accept these risks.
Table of Contents
Introduction
Understanding the Nature of Trading Risks
Educational Purpose Disclaimer
No Guarantee of Profit
Risk of Loss
Leverage and Margin Risks
Market Risks
Operational Risks
Responsibility and Compliance
Limitation of Liability
Regulatory Considerations
Acknowledgment of Risks
Contact Information
Introduction
Boer Funded provides traders with access to funded trading accounts, enabling them to trade with our capital under specific rules and guidelines. While we strive to create an environment conducive to successful trading, it is crucial to recognize that trading inherently involves significant risks.
Understanding the Nature of Trading Risks
Trading financial instruments, including but not limited to Forex, Cryptocurrencies, Commodities, Indexes, and Metals, involves substantial risk. Prices can fluctuate rapidly due to various factors, including economic indicators, geopolitical events, market sentiment, and other unforeseen circumstances.
Educational Purpose Disclaimer
All services and programs provided by Boer Funded are intended for educational purposes only. We do not facilitate or engage in live trading with real funds. The trading activities conducted through our programs are simulated and designed to educate and evaluate traders without the involvement of actual financial transactions. Participants should understand that no real money is at risk when engaging in our educational trading challenges and funded trader programs.
No Guarantee of Profit
No Profit Assurance: Boer Funded does not guarantee profits or protect against losses. Trading outcomes are influenced by numerous variables, many of which are beyond our control.
Performance Variability: Past performance is not indicative of future results. Even experienced traders can incur losses.
Risk of Loss
Potential for Significant Losses: Simulated traders may lose some or all of their simulated capital. It is possible to incur losses that exceed initial investments, especially when using leverage.
Drawdown Policies: Our programs include drawdown limits to manage risk. Exceeding these limits can result in account suspension or termination.
Leverage and Margin Risks
High Leverage: Simulate trading with leverage can amplify both gains and losses. While leverage allows for larger positions with a smaller amount of capital, it also increases the risk of substantial losses.
Margin Calls: If the market moves against your position, you may be required to deposit additional funds to maintain your positions. Failure to meet margin requirements can result in the automatic closure of positions.
Market Risks
Volatility: Financial markets can be highly volatile, leading to rapid price movements that may result in significant losses.
Liquidity Risks: In certain market conditions, executing trades at desired prices may be challenging, potentially leading to slippage or unfavorable execution prices.
Operational Risks
System Failures: Technical issues, such as platform outages or connectivity problems, can impede trading activities and result in missed opportunities or unintended losses.
Human Error: Mistakes in order execution, strategy implementation, or risk management can lead to losses.
Responsibility and Compliance
Trader Responsibility: As a simulated trader, you are responsible for understanding the risks involved and implementing appropriate risk management strategies.
Compliance with Rules: Adherence to Boer Funded’s trading rules and guidelines is mandatory. Non-compliance can result in account suspension, termination, or loss of simulated funding.
Limitation of Liability
No Liability for Losses: Boer Funded is not liable for any trading losses, damages, or other financial consequences incurred as a result of using our funded trader programs.
Indirect Damages: We are not responsible for any indirect, incidental, or consequential damages arising from your use of our services.
Force Majeure: Boer Funded is not liable for any failure to perform its obligations due to events beyond our reasonable control, including natural disasters, wars, or other force majeure events.
Regulatory Considerations
Non-Financial Advisory: The information provided by Boer Funded does not constitute financial, investment, or trading advice. We are not regulated financial advisors.
Jurisdictional Compliance: Traders must ensure that their participation in our programs complies with the laws and regulations of their respective jurisdictions.
Acknowledgment of Risks
By participating in Boer Funded’s simulated funded trader programs, you acknowledge that you have read, understood, and accepted the risks outlined in this Risk Disclosure statement. You confirm that you have the financial capacity to bear the potential losses associated with trading and that you do not rely on Boer Funded for financial or investment advice.
Contact Information
If you have any questions or require further clarification regarding this Risk Disclosure, please contact our support team:
Email: [email protected]
Live Chat: Available 24/7 on our website