Trading in financial products, especially leveraged products such as derivatives, foreign exchange, futures, options, etc., and other investments can lead to the total loss of all investment capital! Some products are even subject to a margin requirement. There, the loss may exceed the total investment capital. We would like to point out that it is up to everyone to deal with these risks in detail. These shops are not suitable for everyone!
Using an Internet-based trading system to execute transactions carries risks. Failure of hardware, software, and Internet connections can result in damage. Trades Universal cannot be held responsible for interruptions or delays in communicating over the Internet. No responsibility can be accepted for the reliability of the hardware used. We ask each person to be fully informed about the risks before the implementation of electronic and internet-based trading systems.
The execution of trade orders, so-called orders, is solely the responsibility of the broker who provides the trading account. The broker also provides the trading platform. Trades Universal has no influence here. In particular, no influence can be exerted on the execution of the trade and therefore no liability can be assumed for this.
The same applies to the use of automatic trading systems and expert advisors. These partly or fully automatic trading systems can only be used to support trade. Trading with these products entails great risks and, among other things, a high trading frequency can occur. It is not always possible to change the position size before executing the order. They are not intended in any way to take trade decisions or to serve as an advisory function. They do not replace the user's duty to pay attention. A historical performance achieved by an automatic trading programme cannot be inferred to future earnings. In particular, it should be understood that the use of automated trading programmes may cause damage due to hardware or software failures. Trades Universal cannot take responsibility for these cases. Hypothetical performance results have many inherent limitations, some of which are described below. The results of the account presented may differ materially in the gains and losses. One of the limitations of the hypothetical results is that they were created by known historical data. Moreover, hypothetical trading does not involve a financial risk - no hypothetical track record can represent the financial risks of actual trading. For example, there is the possibility that trading may be suspended or cancelled in the event of losses, which can significantly alter actual results. Furthermore, there are many other factors that cannot be fully taken into account in the hypothetical performance when implementing a trading programme and can therefore influence actual results.
Claims for damages of the user against the provider are excluded regardless of the legal reason. An exception shall only be made if the supplier or his vicarious agents acted wilfully, or with gross negligence, and material contractual obligations were violated. Essential contractual obligations are obligations that protect the contractual legal position of the user, which the contract has to grant to him according to its content and purpose. Moreover, contractual obligations are essential, the fulfilment of which made the proper implementation of the contract possible in the first place and on whose compliance the contractual partner trusted and was entitled to trust. In the event of a breach of a material contractual obligation, the compensation shall be limited to the typical and foreseeable damage. Liability for damages that do not result from the object of the contract is excluded. Likewise, liability for indirect or consequential damages is excluded.