If you open an account through swissDirekt you order an instrument with which you can actively participate in the Trading of Futures on US and European Futures Markets as well as in the spot currency markets. I realize that the order will be executed by an electronic Trading platform thus depending on the functionality of the platform itself as well from the Internet.
I understand that the risk of loss in active electronic Trading can be substantial, on top of it it can result in a margin call that requires to add additional funds into the account.
Therefore swissDirekt recommends strongly only to trade with own capital and never to trade with borrowed funds. I acknowledge that swissDirekt will not provide investment advice, tax or legal advice, with respect to the suitability or profitability of a security or investment.
I acknowledge that active Trading involves in generating much more trades than it is the case with traditional investments. I further understand that as a result, this leads to incure high commission costs even though the commissions charged by swissDirekt are substantially discounted. I declare that I am aware of the commission charges that will be incurred regardless of wether I make or loose money on a trade.
I acknowledge that I will be the only authorized user of my account and therefore I will be fully responsible for the confidentiality and use of my user name and password with respect to the electronic Trading platform. I agree that I will be fully and solely responsible for all activities, including brokerage transactions, which arise from the use of my username or password. Furthermore, I accept full responsibility to educate myself as to the usage of the software and hardware used in electronic Trading.
I understand that my orders will be executed electronically by Broker's automated order routing software. This software connects the Futures Broker to various exchanges and electronic communication networks. I acknowledge that the connection risks include but are not limited to power failures, software failures, equipment failures and communication failures and thus can lead to losses in Trading.
I agree to indemnify and hold swissDirekt harmless from and against any and all claims, losses, liability, costs, and expenses (including but not limited to attorney's fees) caused directly or indirectly by government restriction, exchange or market rulings, communications or power failure, equipment or software malfunctions, wars, strikes, or any other cause beyond Broker's reasonable control.