Risk Disclosure Statement

This Risk Disclosure Statement (RDS) does not take into account your financial situation, personal objectives or needs. Before using the products referred to in this RDS you should read it carefully, and then consider your objectives, financial situation and needs and take all reasonable steps to fully understand the possible outcomes of trades and strategies that can be employed using the Golden Serenity Limited (ETPS, us, we, our) trading platform. ETPS recommends that you seek independent financial advice to ensure that a particular product is suited to your financial situation and requirements.

Risks

There are a number of risks in using our digital & bullion trading facilities. These risks may lead to unfavorable financial outcomes. Monitoring of any risks associated with our trading facilities is your responsibility. You should seek independent legal, financial and taxation advice prior to commencing trading activities and should not use our services unless you fully understand the products, and the benefits and risks associated with them.

ETPS offers Gold trading on realtime market and using FIFO (First in First out) pool sharing. Trading on pool sharing carries a high level of risk, and may not be suitable for all investors. Gold trading is not regulated by the SFC. Therefore, trading Gold/Silver will not be subject to rules or regulations promulgated by the SFC which includes but is not limited to Client Money rules. Without prior notice, ETPS reserves the right for any corrections or adjustments on the account which includes revocation of profits, widening of spread, alter a client's execution mode without prior consent from client for any reason.

HIGH RISK INVESTMENT: Trading Gold on pool sharing 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, you should carefully consider your investment objectives, level of experience, and risk tolerance. The possibility exists 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 margin trading, and seek advice from an independent financial advisor if you have any doubts. Past results are not indicative of future performance.

Some of the risks associated with using our bullion trading facilities include:

1. Unforeseen Circumstances

There is a risk that your money may be delayed or lost due to unforeseen circumstances. ETPS will not provide a refund due to catastrophic disasters, terrorist attacks and other unforeseen events that affect our services.


2. Market Volatility

Bullion markets are subject to many influences, which may result in hectic price fluctuations. Because of this market volatility, no bullion transaction that is available via our trading facilities can be considered "risk free".

Given the potential levels of volatility in bullion markets, it is recommended that you closely monitor your transactions at all times.

You can eliminate some of the downside risk by convert to USD. If you convert your Dinar ETPS to USD wallet using "we buy" price it will be permanent. However, in a volatile market, ETPS does not guarantee that the conversion to USD will be successful in limiting your downside risk as USD price is fluctuate on realtime.


3. Market Risk

If you purchase ETPS for the purpose of trading an asset, you will be exposed to changes in the relevant asset market. These changes may result in losses to you, which are in addition to any gains or losses resulting from fluctuations on bullion markets.


4. Leverage Risk

The use of our ETPS trading facilities involves a high degree of leverage. You can outlay a relatively small initial margin, which secures a significantly larger exposure to an underlying asset. The total ETPS purchases at lower gold price determine the maximum profit of your ETPS, consequently your potential gain and your potential loss is equally magnified. You should closely monitor all of your ETPS positions.


5. Transactions in other Jurisdictions

Transactions on markets in other jurisdictions, including markets formally linked to a domestic market, may expose you to additional risk. Such markets may be subject to regulation which may offer different or diminished investor protection. Before you trade you should enquire about any rules relevant to your particular transactions. Your local regulatory authority will be unable to compel the enforcement of the rules of regulatory authorities or markets in other jurisdictions where your transactions have been effected. You should ask the firm with which you deal for details about the types of redress available in both your home jurisdiction and other relevant jurisdictions before you start to trade.


6. Market Information

We may in the future make available to you a broad range of financial information generated internally or obtained from agents, vendors or partners ("Third Party Providers"). This includes, but is not limited to, financial market data, quotes, prices, news, analyst opinions and research reports, graphs or data ("Market Information").

Market Information provided by us by telephone, or through our website is not intended as advice and we do not endorse or approve the Market Information. We make it available to you only as a service for your own convenience. Any Third Party Providers and we do not guarantee the accuracy, timeliness, and completeness or correct sequencing of the Market Information or warrant any results from your use or reliance on the Market Information.

Market Information may quickly become unreliable for various reasons including, for example, changes in market conditions or economic circumstances. Neither the Third Party Providers nor us are obligated to update any information or opinions contained in any Market Information and we may discontinue offering Market Information at any time without notice.


7. Systems Risks

There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and internet connection. Since ETPS does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. ETPS employs backup systems and contingency plans to minimize the possibility of system failure, and trading via telephone is available.


8. Uses and Access to our Website

You are responsible for providing and maintaining the means by which you access our website. These may include, without limitation, a personal computer, modem and telephone or other access system available to you.

While the internet is generally reliable, technical problems or other conditions may delay or prevent you from accessing our website. If you are unable to access the internet and thus, our online facility, it may mean you are unable to enter into asset transactions when desired and you may suffer a loss as a result.


9. Accuracy of Information

The content on our website is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. ETPS has taken reasonable measures to ensure the accuracy of the information on the website. However, we do not guarantee its accuracy, and will not accept liability for any loss or damage that may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this Web site.

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