Additional Risk Disclosure
Dear Sir or Madam,
This information on your account application indicates that you do not meet ZaoFlow guidelines for a margined spot foreign currency or precious metals accounts. One or more of the following reason(s) is/are cited:
You are not between 18 and 65 years old.
You do not have at least 6 months of futures, securities, Precious Metals, or Foreign Exchange investment or trading experience.
Your annual income is less than $25,000.
You are using retirement funds for trading capital.
Although the reason(s) cited above do not preclude you from opening an account, the following risk disclosure document must be read, understood, and signed for you to open an account with ZaoFlow.
RISK DISCLOSURE
Based on your personal information and/or investment experience, trading in margined Foreign Exchange or Precious Metals might be too risky of an investment product for you. Because of the high degree of leverage obtainable in trading margined Foreign Exchange or Precious Metals with ZaoFlow, the loss in trading spot foreign currencies or Precious Metals can be substantial with the possibility that you could lose more than your initial investment. You should, therefore, carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
Desired Leverage to be changed:
Leverage 100:1 ⎕
Leverage 200:1 ⎕
Leverage 300:1 ⎕
Leverage 400:1 ⎕
ACKNOWLEDGEMENT
I understand that I do not meet the minimum guidelines to open an account as set forth by ZaoFlow. However, I have considered the financial risks involved in trading margined Foreign Exchange and/ or Precious Metals with regard to my personal situation, and I wish to proceed with opening an account.
PRINT NAME:
DATE:
SIGNATURE:
Please send the filled in form to our support department: support@zaoflow.com
Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high degree of risk. It is possible to lose all your capital. Therefore you should not invest money that you cannot afford to lose. There are also risks associated with utilizing an Internet-based trade execution software application including, but not limited to, the failure of hardware and software.
Margined Forex and CFD trading are leveraged products and may not be suitable for everyone and you should ensure that you understand the risks involved and take care to manage your exposure. Please think carefully about whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimize their level of exposure by requesting a change in leverage limit. For more information please refer to ZaoFlow Risk Disclosure.
When acquiring our CFD or derivative products you have no entitlement, right, or obligation to the underlying financial asset. ZaoFlow is not a financial adviser and all services are provided on an execution-only basis. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any ZaoFlow products or services and obtain independent professional advice as necessary.
Any analysis, opinion, commentary, or research-based material on our website is for information and educational purposes only and is not, in any circumstances, intended to be an offer, recommendation, or solicitation to buy or sell. Any indication of past performance or simulated past performance included in advertisements published by ZaoFlow is not a reliable indicator of future results. The customer carries the sole responsibility for all the businesses or investments that are carried out at ZaoFlow. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks if you are at all unsure.
The information on this site is not directed at residents of Afghanistan, Belarus, Belgium, Belize, China, Côte d’Ivoire, Cuba, Democratic Republic of the Congo, Dominican Republic, United States, Guyana, Hungary, Iceland, India, Indonesia, Iran, Iraq, Laos, Latvia, Lebanon, Libya, Lithuania, Mauritius, Moldova, Myanmar (Burma), Nigeria, North Korea, Pakistan, Palestine, Papua New Guinea, Republic of Macedonia (FYROM), Republic of the Congo, Russia, Rwanda, Serbia, Slovenia, Somalia, Syria, The Bahamas, Tunisia, Venezuela, Yemen, Zimbabwe and is not intended for use by any person in any jurisdiction where such use would be contrary to local law or regulation. Telephone calls and online chat conversations may be recorded and monitored. Tax treatment depends on the individual circumstances for each client. Tax law can change or may differ in each jurisdiction
Regulated by
ZaoFlow is the trading name of Arena Ltd., a company duly incorporated in the Autonomous Island of Mwali Comoros Union with registration number HT00224007 and having its registered address at Bonovo Road – Fomboni, Island of Mohéli – Comoros Union.Payment agent: Selatio Ltd a company registered under the laws of CYPRUS with registration number HE456051 and having its registered office situated at Amfitritis 36, Philippos Court, Flat /Office 402, 2000 Strovolos, Nicosia, Cyprus.
