eWeb-Forex Mini Disclaimer
The eWeb-Forex MINI Is Different From The CME E-mini FX Product
The eWeb-Forex MINI should not be confused with the mini-contracts traded on the CME. eWeb-Forex executes trades in the OTC spot-foreign exchange market, whereas mini-contracts on the CME are futures contracts. Those comparing spot-foreign exchange and futures trading should be aware that the spot-foreign exchange market offers significant advantages including lower trading costs, more leverage, and greater 24-hour liquidity.
High Risk Investment
Margined Currency Trading is one of the riskiest forms of investment available in the financial markets and is only suitable for sophisticated individuals and institutions. An eWeb-Forex MINI ACCOUNT with Forex Capital Markets LLC (FXCM) permits you to trade foreign currencies on a highly leveraged basis (up to approximately 200 times your account equity). An initial deposit of $500 will enable the account holder to take a maximum position with $100,000 market value. The funds in an account trading at maximum leverage can be completely wiped out, if the position(s) held in the account has a one half percent swing in value. Given the possibility of losing one's entire investment, speculation in the foreign exchange market should only be conducted with funds that if lost will not significantly affect one's personal or institution's financial well being.
Unregulated Over The Counter Market
Trading activities conducted through FXCM are not currently regulated by any governmental agency domestically or internationally. Nor are they subject to the rules of any regulatory organization. FXCM will act as the counter party in all transactions executed through the firm; in every trade executed through FXCM, the sole principals are FXCM and the client. FXCM determines in its sole discretion whether or not to cover its net long or net short position in specific currencies in the cash market.
Opinions Expressed By Representative With Respect To Market Are Not Official
Any opinions expressed by representatives of eWeb-Forex or FXCM as to the future direction of prices of specific currencies are purely opinions, they do not necessarily represent the opinion of FXCM or eWeb-Forex, and are not guaranteed in any way. In no event shall eWeb-Forex or FXCM have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided on the site, or any delays, inaccuracies, errors in, or omissions of information.
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