To provide better customer service, Winx Brokers may request certain personal information from you such as your name, phone number, and email address. The information collected on Winx Brokers' servers is used for periodic campaign studies, designing special promotional activities, and customer "classification" studies to prevent spam emails. This information is only used within Winx Brokers and is not shared with third parties without the member's knowledge or used for commercial purposes. Customer information can only be disclosed to official authorities if legally required, and only the customer can access and change their information.
Winx Brokers may place cookies on customers' computers to collect information about how they use the company's website. This is done to ensure customer safety, but the cookies do not contain personal, account, or password information.
Winx Brokers will never disclose a customer's personal and confidential information to a third party without their express written consent, except in special situations that require legal obligations or the need to verify the customer's identity to protect their account and personal information. Customer information may be disclosed within legal regulations, if requested by regulatory bodies, judicial, or executive authorities.
The Company may contact customers from time to time by phone or email to offer information about financial transactions or current promotions. Customers can easily unsubscribe from daily email mailing lists at any time. Messages are only used for review and storage by Company officials to provide better customer satisfaction and a more efficient transaction infrastructure.
The Company may update its Privacy Policy from time to time due to legal reasons or customer satisfaction. If the Privacy Policy changes, the updated policy will be posted on the Company website, and an announcement will be made explaining the changes. The Company provides all necessary support to customers about what information is stored and used by using the Company website.
This notice has been provided by WinX Brokers to investors for the purpose of risk reporting and is deemed to have been read and understood by the investor. WinX Brokers takes the highest level of precautions to protect customer privacy and does not share the rights of its investors with third parties for protection. However, it should be noted that this disclosure, attached to the Retail Customer Agreement and General Terms and Conditions, may not disclose all risks and other material aspects involved in currency trading and derivatives transactions.Engaging in such transactions carries a high risk to your capital and can potentially result in a total loss of that capital. If you would like a more comprehensive understanding of the risks involved, please contact WinX Brokers for more information.
Considering the risks, you should not transact in the above-mentioned products unless you understand the nature of the contracts and the contractual legal relationship you are entering. Transactions with foreign currency derivatives are not suitable for many members of the public. You should carefully consider whether you are a good fit for foreign exchange trading in light of your experience, purposes, financial situation, and other relevant circumstances.If in doubt, it is recommended that you seek independent financial advice.
Foreign Exchange and Derivative Transactions Are Very Speculative and Risky Trading CFDs and Spot Contracts is highly speculative and involves a significant risk of loss and may not be suitable for all investors. These products may only be suitable for investors who: (a) Voluntarily accept the relevant economic, legal, and other risks; (b) Are experienced and knowledgeable in derivative transactions and underlying asset types; and (c) Have sufficient financial resources to incur significant losses above margin or deposits, as investors may lose the total value of the contract, not just the margin or deposit.
Neither CFDs nor Spot Contracts are suitable investments for pension funds. CFD and spot trading are among the riskiest types of investments and can result in substantial losses. The risks associated with long CFD positions, i.e., for buyers of CFDs, are as follows: A Long position in a CFD means that you buy CFDs with the expectation that the market price of the underlying asset will rise between the trading time. If the market price of the underlying asset falls while your CFD position is open, you will generally incur a loss. Your potential loss may therefore be greater than the initial margin deposited. In addition, you may incur losses as a result of closing your position when you do not have enough liquidity in your account to maintain an open position.
The risks associated with short CFD positions, i.e., for sellers of CFDs, are as follows: Being short on a CFD means you are selling CFDs with the expectation that the market price of the underlying asset will fall between the time of the buy and the sell. If the market price of the underlying asset rises while your short CFD position is open, you will usually incur a loss. Your potential loss may therefore be greater than the initial margin deposited. In addition, you may incur losses as a result of closing your position when you do not have enough liquidity in your account to maintain an open position.
High and Low Margin Can Cause Quick Losses High leverage is a particular feature of both CFDs and Spot Contracts. This makes them riskier than investing in the underlying assets themselves. This is due to the margin system applicable to CFDs, where the transaction involves a relatively small deposit. Thus, a relatively small price movement of the underlying asset can have a disproportionately dramatic effect on your trade. This can be both advantageous and disadvantageous. Please note that a small price movement can result in high gains on the deposit, but a small price movement against you can result in significant losses that can exceed the amount of money deposited as margin
Term of Use This is a legal document outlining the terms of use for the investment consultancy service offered by WinX Brokers. It states that the information, comments, and recommendations provided are of a general nature and not within the scope of investment consultancy, and that individuals should not make investment decisions based solely on this information without considering their financial situation and risk preferences.
WinX Brokers cannot be held responsible for any direct or indirect damages or losses incurred by customers or third parties as a result of using the information on the educational content or promotional pages. The company reserves the right to make changes to transaction conditions, bonus campaign conditions, and other features at any time, with notification to be made to customers via email, SMS, or call.
The document also covers communication with customers, with the company having the right to contact customers by telephone or email to offer information about financial transactions or current promotions. Customers are deemed to have consented to such communication when they become members of the company, but can unsubscribe from daily email mailing lists at any time. Messages exchanged between customers and the company are only used for review and storage by company officials to improve customer satisfaction and transaction infrastructure, and are not shared with unauthorized persons outside the institution.
Finally, the document includes a risk statement acknowledging that the investor has read and understood the risk disclosures, trade policies, privacy policy, terms of use, and agrees to them by opening an account with WinX Brokers.
