Gas Folex 360 Trading App - Empowered by Gas Pro Folex (Gas Ai)

Last updated on: February 23, 2024

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Clarification

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Meanings

For the purposes of this Disclaimer:

  • As stated in this Cookies Policy, the entity, referred to as "the Company", "We", "Us", or "Our", is identified as Gas Folex 360, situated at WeWork 60 Anson Road: 60 Anson Road, #17-01/02 Mapletree Anson, 079914.
  • You pertains to the User, the individual using the Service, or the corporation, or any other lawful entity that the said person represents during the access or use of the Service, if relevant.
  • The phrase Website pertains to https://oilfolex.app/
  • Service refers to the Website.

Disclaimer

The Service merely holds information designed for general awareness purposes.

The Company assumes no responsibility for errors or omissions in the Service's content.

The Company is not liable for any abnormal, direct, indirect, consequential, or incidental damages, or any damages whatsoever, arising from contract actions, negligence or other tortious acts, associated with the use of the Service or the content of the Service. The Company reserves the right to add, remove, or modify the content on the Service at any time without prior notice.

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Please be aware that the Company does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites.

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This Firm holds no accountability for any inaccuracies or omissions, or for the results that occur from using this data.

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Individuals hold exclusive accountability for their posted remarks and will wholly accept responsibility, liability, and blame for any slander or legal actions that result from a statement made in or as a direct outcome of something expressed in a comment. Gas Folex 360, Gas Pro Folex, Gas Folex Ai are not responsible for any comment published by a user and retain the authority to delete any comment for any reason whatsoever.

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The Company shall not bear liability to You or any other person for any decisions or actions taken based on the information given by the Service, nor for any consequential, special or similar damages, even if previously alerted of the potential for such damages.

NOTICE FOR SIGNIFICANT-RISK INVESTMENT

'Gas Folex 360' ('Gas Folex 360') offers its users (hereinafter called "User" or "Users") the opportunity to participate in high-risk investments which bear a significant loss potential. These trading activities may not be suitable for all investors, hence Users must ensure they fully understand the risks involved before engaging in trading. 'Gas Folex 360' neither manages, nor offers any legal, tax, accounting, or investment advice or endorsement regarding suitability, profitability, investment strategies, or any other related issues.

Prior to utilizing 'Gas Folex 360' software and engaging in diverse financial markets with a range of financial instruments, it's crucial for all Users and prospective Users to comprehensively comprehend the Risk Disclosure and warnings contained in this document. However, it's important to underscore that this document doesn't and can't illuminate or disclose all the risks and other significant facets related to Forex, CFDs, and Cryptocurrencies trading. The aim of this notice is to delineate, in straightforward terms, the character of the risks entailed when dealing with Forex, CFDs, and Cryptocurrencies, in an honest and non-misleading way.

BECAUSE OF THE DANGEROUS NATURE OF TRADING, 'Gas Folex 360' EXPLICITLY DOES NOT OFFER ANY PARTICULAR OR IMPLIED GUARANTEES OR WARRANTIES THAT USERS WILL ACHIEVE ANY PROFIT OR THAT USERS WILL NOT LOSE ANY OR ALL INVESTED FUNDS.
Trading in Forex, CFDs, and Cryptocurrencies is HIGHLY SPECULATIVE AND SIGNIFICANTLY RISKY and is not suitable for all members of the public, but only for those investors who:

(a) Understand and are prepared to handle the financial, legal, and other related risks.

(b) Take into account their individual financial circumstances, financial holdings, lifestyle, and obligations can financially withstand the loss of their complete investment.

(c) Have knowledge of Forex, CFDs, and Cryptocurrencies trading including their related assets and markets.

'Gas Folex 360' will not provide Users with any advice or help regarding Forex, CFDs, and Cryptocurrencies, the related assets and markets, or give any sort of investment recommendations. Consequently, if the User doesn't understand the inherent risks, he should consult with an unbiased financial advisor. If the User continues to be ignorant of the risks involved in trading Forex, CFDs, and Cryptocurrencies, he should refrain from trading completely.

Forex, CFDs, and Cryptocurrencies, as financial derivatives, base their value on the prices of the assets/markets they reference (e.g., currencies, equity indices, stocks, metals, indices futures, forwards, etc.). Therefore, it's vital for the User to understand the risks associated with trading in the corresponding underlying asset/market. This is due to the fact that any variations in the price of the underlying asset/market can influence the profitability of his trade.

Specific hazards include

Volatility – The cost of underlying assets/markets can vary intensely and unpredictably. This directly impacts User's profits and losses. Understanding the volatility of an underlying market helps Users in deciding their trading strategy and the amount they are willing to risk.

Market variations – A variation refers to a sudden shift in the cost of a fundamental asset from one position to another. Numerous factors can initiate gapping (like economic events or market announcements) and gapping can occur both during the active hours of the underlying market and during its closure. When these factors occur while the fundamental market is closed, the cost of the fundamental market upon reopening (and consequently our derived cost) could significantly diverge from the closing cost, with no opportunity to close your deal in the meantime. 'Gapping' can result in a significant loss (or gain).

Market liquidity – Forex, CFDs, and Cryptocurrencies values are influenced by elements like changes in supply and demand, governmental, agricultural, commercial, and trade strategies and rules, both domestic and international political and economic events, and the current psychological factors of the relevant market. Some assets that underlie Forex, CFDs, and Cryptocurrencies might not immediately liquify due to reduced demand for the core asset. Hence, market conditions can shift dramatically in a short period, and thus, under specific market scenarios, the execution of User's order may become unfeasible, resulting in financial losses.

It is acknowledged that in the sphere of currency trading, there may be situations, fluctuations and/or conditions that occur during the weekend, at the week's commencement or intra-day after the announcement of key macroeconomic details, financial or political news which could provoke the currency markets to start with price points that could substantially differ from the prior prices.

* WARNING: HIGH-STAKES INVESTMENT *

Engaging in Forex, CFDs, and Cryptocurrencies trading comes with the possibility of investment loss. This Risk Warning Notice does not, and is not intended to, reveal all risks and significant factors associated with option and derivative trading. It's not recommended to speculate with funds that you cannot afford to lose. We strongly suggest you review our Website’s Terms and Conditions and Privacy Policy before utilizing our service.

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