Disclaimer

    1. General Disclaimer

    The information, products, and services provided by Ofx Trading Systems (operated under the official business name Ofx Technologies, registered in the United Arab Emirates) are intended for educational and informational purposes only.

    Nothing contained on our website, in our products, or in any communication from us should be construed as financial advice, investment advice, trading advice, or any other type of advice. You should not treat any of the website's content as such.

    Ofx Trading Systems does not recommend that any financial instrument, cryptocurrency, or trading strategy is suitable for any specific person. All of our content is generic and does not take into account your personal circumstances, investment experience, current financial situation, or needs.

    2. High-Risk Investment Warning

    ⚠️ IMPORTANT RISK WARNING

    Trading foreign exchange (Forex), contracts for difference (CFDs), cryptocurrencies, and other leveraged financial instruments carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.

    Before deciding to trade foreign exchange, CFDs, or any other financial instruments, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

    You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts. Past performance is not indicative of future results.

    • You may lose all of your invested capital
    • Leveraged products can result in losses exceeding your initial deposit
    • Market conditions can change rapidly and without warning
    • Historical performance does not guarantee future results
    • Trading requires significant time, knowledge, and emotional discipline

    3. No Guarantees of Profit

    Ofx Trading Systems makes no guarantee, representation, or warranty of any kind regarding the profitability or performance of our Expert Advisors (EAs), trading tools, strategies, or any other products and services we offer.

    Any examples, testimonials, or performance data presented on our website, marketing materials, or communications are for illustrative purposes only. They represent individual experiences and results, which may not be typical and are not guaranteed.

    Specifically, we do not guarantee:

    • That you will earn any money using our techniques, ideas, or software
    • That our EAs or trading tools will generate profits in live trading conditions
    • That backtesting results will be replicated in live market conditions
    • That our products will work with all brokers, account types, or market conditions
    • Specific profit percentages, pip gains, or return on investment
    • That our systems will perform consistently over time

    4. Automated Trading Risks

    Our Expert Advisors (EAs) and automated trading tools are designed to execute trades based on pre-programmed algorithms and rules. While automation can offer certain advantages, it also carries specific risks that you must understand:

    • Technical Failures: Software bugs, connectivity issues, power outages, server problems, or platform errors can cause EAs to malfunction, execute incorrect trades, or fail to execute trades entirely
    • Market Conditions: EAs are typically designed for specific market conditions and may perform poorly or generate significant losses in volatile, trending, or unusual market environments
    • Broker Execution: Different brokers have varying execution speeds, spreads, slippage, and requotes that can significantly impact EA performance
    • Over-Optimization: Backtested results may be over-optimized to historical data and may not reflect future performance
    • Latency Issues: Network delays can affect trade execution timing and pricing
    • VPS Requirements: EAs typically require a Virtual Private Server (VPS) for reliable 24/7 operation, adding complexity and cost

    You are solely responsible for monitoring your trading accounts and any automated systems you use. We recommend never leaving automated systems completely unattended and always having stop-loss mechanisms in place.

    5. Limitation of Liability

    To the fullest extent permitted by applicable law, Ofx Trading Systems (Ofx Technologies), its owners, directors, employees, partners, agents, affiliates, and licensors shall not be liable for:

    • Any direct, indirect, incidental, special, consequential, or punitive damages arising from your use of our products, services, or website
    • Any trading losses, lost profits, lost data, or business interruption
    • Any errors, inaccuracies, or omissions in our content, products, or services
    • Any unauthorized access to or use of our servers or any personal information stored therein
    • Any bugs, viruses, trojan horses, or the like that may be transmitted through our services
    • Any interruption or cessation of our services
    • Any third-party actions, content, or services

    Our total liability to you for any claims arising from or related to our products, services, or this disclaimer shall be limited to the amount you paid to us for the specific product or service giving rise to the claim, or $100 USD, whichever is less.

    Some jurisdictions do not allow the exclusion or limitation of certain damages. If these laws apply to you, some or all of the above exclusions or limitations may not apply, and you may have additional rights.

    6. No Professional Advice

    Ofx Trading Systems is not a registered investment advisor, broker-dealer, financial analyst, or financial planner. We do not hold any professional licenses in the financial services industry.

    Our products and content are not intended to provide:

    • Investment advice or recommendations
    • Tax advice
    • Legal advice
    • Personalized financial planning
    • Account management services

    You should always consult with qualified professionals (financial advisors, tax consultants, legal counsel) before making any investment decisions or using any trading software.

    7. Third-Party Links and Services

    Our website and products may contain links to third-party websites, services, or resources, including but not limited to brokers, trading platforms, and payment processors.

    We do not control these third-party services and are not responsible for:

    • Their content, accuracy, or availability
    • Their privacy practices or security measures
    • Any products or services they offer
    • Any damages or losses arising from your use of their services

    Any links or references to third parties are provided for convenience only and do not constitute an endorsement or recommendation by Ofx Trading Systems.

    8. Testimonials and Performance Results

    Testimonials appearing on our website or marketing materials are individual experiences reflecting real-life experiences of those who have used our products or services. However, they are individual results and results may vary.

    Regarding testimonials:

    • They are not necessarily representative of all users
    • They may have been compensated or provided with free products
    • They should not be considered as a guarantee of future performance
    • Individual trading results depend on many factors beyond our control

    Regarding performance data and backtests:

    • Hypothetical or simulated performance results have inherent limitations
    • They do not represent actual trading and may not account for all market factors
    • No representation is made that any account will or is likely to achieve similar results
    • There are frequently sharp differences between hypothetical and actual performance
    • Backtested results are subject to the benefit of hindsight

    9. Prop Firm Compliance

    Some of our products, including the Prop Machine EA, are designed to help traders comply with proprietary trading firm (prop firm) rules. However:

    • We do not guarantee that using our products will result in passing any prop firm challenge or evaluation
    • Prop firm rules vary between companies and may change without notice
    • We are not affiliated with any proprietary trading firm
    • You are responsible for understanding and complying with your prop firm's specific rules
    • Some prop firms may prohibit the use of certain types of automated trading tools
    • Losses incurred during prop firm challenges are your sole responsibility

    Always review your prop firm's terms and conditions before using any automated trading software.

    10. User Responsibility

    By using our products and services, you acknowledge and agree that:

    • You are solely responsible for all trading decisions and actions
    • You have read, understood, and accepted all risks associated with trading
    • You will not trade with money you cannot afford to lose
    • You will seek professional advice before making investment decisions
    • You will thoroughly test any EA or trading tool on a demo account before live trading
    • You will monitor your trading accounts and automated systems regularly
    • You understand that past performance does not guarantee future results
    • You are legally permitted to trade in your jurisdiction
    • You are of legal age to enter into binding contracts

    11. Regulatory Compliance

    Trading regulations vary by country and jurisdiction. It is your responsibility to:

    • Ensure that trading Forex, CFDs, or other instruments is legal in your jurisdiction
    • Comply with all applicable laws and regulations
    • Understand and fulfill any tax obligations related to your trading activities
    • Use only brokers that are properly regulated in your jurisdiction

    Ofx Trading Systems makes no representation regarding the legality of our products or services in any jurisdiction.

    12. Indemnification

    You agree to indemnify, defend, and hold harmless Ofx Trading Systems (Ofx Technologies), its officers, directors, employees, agents, and affiliates from and against any and all claims, damages, obligations, losses, liabilities, costs, and expenses arising from: (a) your use of our products, services, or website; (b) your violation of this Disclaimer or any applicable law; (c) your trading activities or investment decisions; or (d) any third-party claims related to your use of our products or services.

    13. Governing Law

    This Disclaimer shall be governed by and construed in accordance with the laws of the United Arab Emirates, without regard to its conflict of law provisions. Any disputes arising from or relating to this Disclaimer or your use of our products and services shall be subject to the exclusive jurisdiction of the courts of Dubai, UAE.

    14. Modifications

    We reserve the right to modify this Disclaimer at any time. Changes will be effective immediately upon posting on this page. Your continued use of our products, services, or website after any modifications constitutes your acceptance of the updated Disclaimer. We encourage you to review this page periodically.

    15. Contact Information

    If you have any questions about this Disclaimer, please contact us:

    Ofx Trading Systems (Ofx Technologies)

    Email: support@ofxtradingsystems.com

    Location: Dubai, United Arab Emirates

    By using our website, products, or services, you acknowledge that you have read, understood, and agree to be bound by this Disclaimer.

    Legal Notice: This Disclaimer is provided as a general risk disclosure and liability limitation document. It does not constitute legal advice. For specific legal guidance, please consult with a qualified attorney in your jurisdiction.

    Last Updated: December 2024

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