Phoenix Trading Institute
Effective Date: July 24th, 2019
RISK DISCLOSURE STATEMENT, DISCLAIMER AND INDEMNIFICATION
Trading spot foreign currencies (“forex”) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular
circumstances and financial resources. By acknowledging this statement and contracting for the services
provided by Phoenix Trading Institute, LLC. (“PTI”), you acknowledge that you have not sought advice from PTI regarding the appropriateness of forex trading for you, and PTI has not provided any such advice to you.
You agree and acknowledge further that the trading signals provided to you by PTI (trading signals) are not, and are not intended to be, an offer or solicitation to enter into any forex transaction, or any type of trading or investment advice, recommendation or strategy. You acknowledge that it is solely your decision to determine which, if any, PTI trading signals to use for trading (whether actual or simulated) at a Retail Foreign Exchange Dealer, Futures Commission Merchant or other financial institution (collectively referred to as “Financial Institution”), and whether to send all, some, or none of the PTI trading signals to such Financial Institution for execution.
You understand that past performance associated with any trading signals offered by PTI, whether actual,
hypothetical or historically “back-tested” is neither necessarily indicative of nor a guarantee of future
performance or success.
Trading PTI signals may result in the total loss of the funds that you deposit at a Financial Institution, and you
may incur losses in excess of your deposits. Leverage can work against you as well as for you, and can lead to
large losses as well as gains. Moreover, funds held at such Financial Institution are typically not guaranteed or
insured against misappropriation or the bankruptcy of the Financial Institution. You should only trade forex with funds that you can afford to lose.
Based on the foregoing, you agree that you shall not seek to hold PTI responsible for any losses associated with any trading signals provided to you by PTI. In the event that any claims, suits, actions, damages, liabilities, obligations, losses, or expenses (including reasonable attorneys’ fees) arise out of or relate to the relationship between PTI and you, and/or any trading signals provided by PTI to you, you agree to indemnify and hold PTI harmless therefrom.
THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF THE FOREX MARKETS. YOU SHOULD CONSULT WITH YOUR FINANCIAL ADVISOR PRIOR TO TRADING FOREX. RISKS ASSOCIATED WITH FOREX TRADING
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However,
before deciding to participate in the Forex market, you should carefully consider your investment objectives,
level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in foreign exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. The leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is advisable to use only risk capital.
Risk Disclaimer for Forex Trading
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Past
performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange 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. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Refund and Chargeback Policy
Once a product has been purchased by you, no right of cancellation or refund exists under the Consumer Protection (Distance Selling) Regulations 2000 due to the electronic nature of our products. You agree that under no circumstances whatsoever shall you initiate any chargebacks via your payment provider. If a false chargeback claim is filed, it may result in legal action between the bank, the consumer and Phoenix Trading Institute. You agree that any payments made by you for any of our products are final and may not be charged back. We reserve the right to alter any of our prices from time to time.
Benefits and Risks of Leverage
Leverage allows traders the ability to enter into a position worth many times the account value with a relatively small amount of money. This leverage can work with you as well as against you. Even though the Forex market offers traders the ability to use a high degree of leverage, trading with high leverage may increase the losses suffered. Please use caution when using leverage in trading or investing.
Hypothetical Results Disclaimer
THE RESULTS FOUND ON THIS WEBSITE ARE BASED ON SIMULATED OR HYPOTHETICAL PERFORMANCE RESULTS THAT HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS SHOWN IN AN ACTUAL PERFORMANCE RECORD, THESE RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THESE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THESE RESULTS MAY HAVE UNDER-OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED OR HYPOTHETICAL TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THESE BEING SHOWN.
The information that may be presented is based on simulated trading using systems and education developed exclusively by PTI. Simulated results do not represent actual trading. Please note that simulated trading results may or may not have been back-tested for accuracy and that spreads/commissions are not taken into account when preparing hypothetical results.
No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.
Phoenix Trading Institute Market Opinions
Any opinions, news, research, analyses, prices, or other information offered by Phoenix Trading Institute, LLC. Is provided as general market commentary, and does not constitute investment advice. Phoenix Trading Institute, LLC will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Celebrity endorsers may be compensated to recommend Phoenix Trading Institute and its products. The content, including any positive reviews of Phoenix Trading Institute and its programs, may not be neutral or independent.
Trading Cryptocurrencies on margin carries a high level of risk, and may not be suitable for everyone. Past
performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before getting involved in Cryptocurrency trading you should carefully consider your personal venture objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial deposit and therefore you should not place funds that you cannot afford to lose. You should be aware of all the risks associated with Cryptocurrency trading, and seek advice from an independent financial advisor if you have any doubts. The information contained in this web page does not constitute financial advice or a solicitation to buy or sell any Cryptocurrency contract or securities of any type. PTI will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The information contained in this web page does not constitute financial advice or a solicitation to buy or sell any securities of any type. PTI will not accept liability for any loss or damage, including without limitation any loss of
profit, which may arise directly or indirectly from use of or reliance on such information.
Phoenix Trading Institute, LLC. (“PTI”) does not hold itself out as a Commodity Trading Advisor (“CTA”). Given
this representation, all information and material provided by PTI is for educational purposes only and should not be considered specific investment advice. PTI is not providing this information as advice, nor are we providing this information based on or tailored to your specific circumstance or trading activity. The information that we provide or that is derived from our website should not be a substitute for advice from an investment professional.
Acknowledgement and Agreement
By using the services offered by PTI, or using this website the user agrees that the author and any other entities associated with the PTI shall not be held liable for any direct, indirect, consequential loss or any damages whatsoever arising from this usage, or the use of any information, signals, messages, education, and any other information contained or disseminated in regard to its use and understanding. Use this site and the services offered by PTI at your own risk. Neither guarantee of performance results nor any anticipated return on investment is offered at any time. Past performance is no guarantee of future results. None of the information provided by PTI constitutes a solicitation to trade Forex or buy or sell any Forex contract.
By using the PTI website and other services provided, you agree not to hold PTI, or any of its affiliates, liable for decisions that are based on information contained in blog posts, reader responses to blog posts, or information anywhere else on their website or in promotional material.
Notwithstanding any other agreement or other communications between PTI and clients or potential clients to the contrary, receiving or using any material provided by PTI or accessing or using PTI’s website, at any time and through any means, whether directly or indirectly, represents acknowledgement and agreement by such person of the foregoing terms of the General Disclaimer and Terms and Conditions. The above information represents a portion of the complete Acknowledgement, Risk Disclosure and Terms &
Conditions of PTI. By signing below, you certify that the complete terms and agreement has been read and
acknowledge the acceptance of all terms stated in detail located externally on the website.
1. Events physically, online or otherwise hosted by Phoenix Trading Institute are intended to promote growth and healthy interaction amongst members. Instigating, edging-on, bullying, soliciting, swearing hate speach, and demeaning behavior towards other members physically, within the group chat, social media pages, applications, events or webinars is strictly prohibited. All messages and interactions are moderated and are subject to review. Attacking or vilifying any member or administration is strictly prohibited. We use a three-strikes rule for most cases, but immediate action can also be taken. Violators of this guideline will be subject to suspension or immediate removal from some or all events. In extreme cases, a case may be opened, and a member can lose access to everything entirely. Please note that the Phoenix Trading Institute team, admin, representative or ambassador are not considered to be public figures in anyway and reserve the right to their privacy unless otherwise noted by the individual. Phoenix Trading Institute reserves the right to pause or terminate any membership and event access at its discretion without notice.
2. Hate speech is not allowed. We remove content promoting violence or hatred against individuals or groups based on any of the following attributes:
Don’t post content if the purpose of that content is to do one or more of the following.
Encourage violence against individuals or groups based on any of on the attributes noted above. We don’t allow threats, and we treat implied calls for violence as real threats.
Other types of content that violates this policy
3. Content or behavior intended to maliciously harass, threaten, or bully others is not allowed.
Don’t post content if it fits any of the descriptions noted below.
Documents, photos and other digitally shared content from members are considered to be property of Phoenix Trading Institute. Photos with students, photos of work, results and other content are considered to be the property of the company and thus, has the right to be posted at the company’s discretion without additional permission outside of this document.
We are the sole owners of the information collected on this site. We only have access to/collect information that you voluntarily give us via email or other direct contact from you. We will not sell or rent this information to anyone. We will use your information to respond to you, regarding the reason you contacted us. We will not share your information with any third party outside of our organization.
We take precautions to protect your information. When you submit sensitive information via the website, your information is protected both online and offline.
Wherever we collect sensitive information (such as credit card data), that information is encrypted and transmitted to us in a secure way. You can verify this by looking for a lock icon in the address bar and looking for "https" at the beginning of the address of the Web page.
While we use encryption to protect sensitive information transmitted online, we also protect your information offline. Only employees who need the information to perform a specific job (for example, billing or customer service) are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment.
This website contains links to other sites. Please be aware that we are not responsible for the content or privacy practices of such other sites. We encourage our users to be aware when they leave our site and to read the privacy statements of any other site that collects personally identifiable information. From time-to-time our site requests information via surveys or contests. Participation in these surveys or contests is completely voluntary and you may choose whether or not to participate and therefore disclose this information. Information requested may include contact information (such as name and shipping address), and demographic information (such as zip code, age level). Contact information will be used to notify the winners and award prizes. Survey information will be used for purposes of monitoring or improving the use and satisfaction of this site.
This document is attached to the terms and conditions document.
Edited July 24h, 2019