The risk of loss in trading Off Exchange Retail Foreign Currency Market (Spot Forex) can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
The high degree of leverage that is often obtainable in foreign exchange trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.
In some cases, managed foreign exchange accounts are subject to substantial charges for management and advisory fees. It may be necessary for those accounts that are subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. The disclosure document contains a complete description of the principal risk factors and each fee to be charged to your account by the Futures Commission Merchant (FCM).
The regulations of the Commodity Futures Trading Commission (CFTC) require that prospective customers of a CTA receive a disclosure document when they are solicited to enter into an agreement whereby the CTA will direct or guide the clients trading and that certain risk factors are highlighted. This brief statement cannot disclose all of the risks and other significant aspects of the foreign exchange markets. Therefore, you should proceed directly to the disclosure document and study it carefully to determine whether such trading is appropriate for you in light of your financial condition. You are encouraged to access the disclosure document by clicking the links provided by the FCM. You will not incur any additional charges by accessing the disclosure document. You may also request delivery of a hard copy of the disclosure document, which will also be provided to you at no additional cost. The CFTC has not passed upon the merits of participating in any of these trading programs nor on the adequacy or accuracy of any of these disclosure documents.
Other disclosure statements are required to be provided to you before a managed foreign exchange account may be opened for you.
Past performance does not necessarily guarantee future results, nor does it guarantee freedom from losses. The information contained herein should not be construed as an offer to buy or sell commodities, futures or any security type investment Equable Capital Partners, LLC highly recommends that before making a decision, the reader collects several opinions related to the decision and verifies facts from at least several independent sources. The CFTC has not passed upon the merits of participating in any of managed accounts programs nor on the adequacy or accuracy of any of these disclosure documents. Other disclosure statements may be provided to you before a managed foreign exchange account may be opened for you.
NOTE: The following document explains the most relevant issues pertaining to Equable Capital Partners, LLC managed account program in the foreign exchange (FOREX) markets, also known as cash foreign currencies or the inter-bank currency market. United States governmental financial market regulatory agencies such as the CFTC, NFA and EC are in the process of establishing additional laws, rules and guidelines pertaining to (FOREX) trading firms and (FOREX) investments. The rules being enacted by the regulatory agencies are in the developmental stages and are evolving. That being the case, there seems to be some level of disagreement as to what the rules actually mean, and for whom, how and where they apply. Thus, while Equable Capital Partners, LLC has made a conscious effort to abide by all existing rules and regulations, it is possible that Equable Capital Partners, LLC may not be completely up to date with the latest regulations pertaining to the industry, this document, or Equable Capital Partners, LLC business operations. However, if any material items are discovered by Equable Capital Partners, LLC or new regulations are developed that Equable Capital Partners, LLC clients must know about, and then Equable Capital Partners, LLC will attempt to notify the Client and/or make the information available on Equable Capital Partners, LLC website. It is possible that changes in regulations could require Equable Capital Partners, LLC to amend this document.
Disclosure of Customer Information:
Equable Capital Partners, LLC will not share or sell information regarding its customers and/or prospective customers, except to its employees, agents, partners, and associates as required in the ordinary course of Equable Capital Partners, LLC business conducted on behalf of customers, including, but not limited to, Equable Capital Partners, LLC banking or credit relationships. Equable Capital Partners, LLC may also disclose to federal or state regulatory agencies and law enforcement authorities’ information regarding customer and customer’s transactions in response to a request for such information or in response to a court order or subpoena.
Internet Trading:
Since Equable Capital Partners, LLC does not control signal power, its reception or routing via Internet, configuration of customer’s equipment or reliability of its connection, Equable Capital Partners, LLC shall not be liable for any claims, losses, damages, costs or expenses, including attorneys’ fees, caused, directly or indirectly, by any breakdown or failure of any transmission or communication system or computer facility or trading or reporting software, whether belonging to Equable Capital Partners, LLC or its customers.
Equable Capital Partners, LLC shall not be liable to any customer for any claims, losses, damages, costs or expenses, including attorneys’ fees, caused, directly or indirectly, by any events, actions or omissions, without limitation, claims, losses, damages, costs and expenses, including attorneys’ fees, resulting from civil unrest, war, insurrection, international intervention, governmental action (including, without limitation, exchange controls, forfeitures, nationalizations, devaluations), natural disasters, acts of God, market conditions, inability to communicate with any relevant person or any delay, disruption, failure or malfunction of any transmission or communication system or computer facility, whether belonging to Equable Capital Partners, LLC, customers, any market, or any settlement or clearing system.