Risk Disclosure

Trading in financial instruments involves a high level of risk and is not suitable for all investors. The value of financial instruments can go down as well as up, and you may lose all your invested capital. You should never invest money that you cannot afford to lose.

Past performance is not indicative of future results. 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 of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

2.1 Volatility

Financial markets can be highly volatile. Price movements of financial instruments are influenced by a variety of factors, including but not limited to: changing supply and demand relationships, governmental, agricultural, commercial and trade programs and policies, national and international political and economic events, and the prevailing psychological characteristics of the relevant marketplace.

2.2 Liquidity Risk

Liquidity risk refers to the ability to liquidate positions. Under certain trading conditions, it may be difficult or impossible to liquidate a position. This can occur, for example, at times of rapid price movement if the price rises or falls in one trading session to such an extent that under the rules of the relevant exchange, trading is suspended or restricted.

2.3 Gap Risk

Market gaps occur when market prices skip several levels without any trading occurring. Gaps can occur between a market's close and the next open, or during major news events. Such gaps can result in significant losses or gains, and there is a risk that stop-loss orders may be executed at levels significantly worse than their specified price.

Trading on margin means that you can take positions larger than the funds you have available in your account. Margin trading amplifies both potential profits and potential losses. A small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit.

If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be responsible for any resulting deficit.

We are not responsible for financial losses arising from:

• Client-side technical issues: hardware or software failure, poor internet connection, etc.
• Incorrect settings in the client terminal
• Failure to update the client terminal
• Delay in receiving quotes due to connection bandwidth
• System failures or server downtime
• Cyber attacks including hacking, viruses, or unauthorized access

5.1 Cryptocurrency Risks

Cryptocurrencies are highly volatile and unregulated in most countries. Their value is not guaranteed and can fluctuate significantly in response to any news. Trading cryptocurrencies carries additional risks including:

• Extreme price volatility
• Potential for market manipulation
• Regulatory uncertainty and changes
• Technical vulnerabilities in underlying blockchain technology
• Potential for permanent loss due to cyber attacks

5.2 Forex Risks

Foreign Exchange trading carries a high level of risk, including:

• Currency fluctuations affected by economic and political factors
• 24-hour trading with potential for gaps between sessions
• Potential for high volatility during news releases
• Interest rate differentials between currencies

5.3 Stocks and Commodities Risks

Trading stocks and commodities involves risks such as:

• Company-specific risks for stocks (earnings, management changes, etc.)
• Sector and industry risks
• Commodity-specific supply and demand factors
• Seasonal patterns affecting commodities
• Geopolitical factors affecting production and distribution

We may pass money received from you to a third party to hold or control in order to effect a transaction through or with that person. We have no responsibility for any acts or omissions of any third party to whom we pass money received from you.

The third party to whom we pass money may hold it in an omnibus account and it may not be possible to separate it from our money, or the third party's money. In the event of insolvency or any other analogous proceedings in relation to that third party, we may only have an unsecured claim against the third party on behalf of you and our other clients, and you may be exposed to the risk that the money received by us from the third party is insufficient to satisfy your claims.

Changes in laws, regulations, taxation, or other government policies could have a material adverse effect on your trading activities. Regulatory changes can affect the instruments you can trade, the way prices are calculated, and even result in certain instruments becoming prohibited.

By trading with ACM Index, you acknowledge that you have read, understood, and accept all the risks disclosed in this document. You should not engage in any trading activity unless you understand the nature of the transactions you are entering into and the extent of your exposure to risk.

If you are in any doubt, you should seek independent advice from a financial advisor. If you continue to trade with us, we will assume that you have read and understood this Risk Disclosure.