Risk Disclosure Statement
Information regarding material trading risks, leverage, market volatility, execution, product risks, and client responsibilities.
About This Statement
This Risk Disclosure Statement explains material risks associated with foreign exchange contracts, Contracts for Difference (CFDs), other leveraged over-the-counter derivative products, copy trading and related services provided by GTC Global Trading Ltd.
You should read this Statement together with the Client Agreement, product terms and other applicable legal documents before trading.
FX, CFDs and other leveraged derivatives are speculative and carry a high risk of rapid and substantial loss.
Leverage magnifies both gains and losses. A small market movement may cause a disproportionately large change in the value of your position.
You may lose all funds deposited or committed to trading. Unless negative balance protection is expressly confirmed in writing, market gaps, fees and liquidation delays may also result in a deficit that you are required to pay.
Stop-loss, take-profit, margin-call and automatic liquidation features do not guarantee execution at the requested price or prevent loss.
No return, trading result, liquidity level, execution price or recovery of capital is guaranteed.
You should trade only with risk capital that you can afford to lose and should obtain independent professional advice where appropriate.
Company Information
**Legal name:** GTC Global Trading Ltd (the "Company", "GTCFX", "we", "us" or "our")
**Company number:** 16283
**Legal form and jurisdiction:** A private limited company incorporated under the laws of the Autonomous Island of Anjouan, Union of the Comoros
**Licence:** Licence no. L16283/GTC issued by the Anjouan Offshore Finance Authority ("AOFA")
**Registered address:** Boulevard de Coalancanthe, Mutsamudu, Anjouan, Union of the Comoros
**Website:** https\://www\.gtcfx.com/en-intl/
The licence held by the Company applies only to GTC Global Trading Ltd. It must not be understood as authorising, regulating or guaranteeing any other entity within the GTC Financial Group, and it does not itself constitute a guarantee of solvency, performance, liquidity, client-money protection or investment return.
Purpose and Scope
This Statement is provided to help clients understand the general nature and principal risks of the products and services covered by it. It is not a substitute for the Client Agreement, product specifications, independent advice or your own assessment of whether a transaction is appropriate.
The risks described may arise individually or together. The interaction of leverage, volatility, reduced liquidity, platform delays, costs and counterparty exposure may cause losses that are greater or occur more quickly than any one risk would suggest.
Examples are illustrative only and may not reflect actual market conditions, pricing, margin rates, account settings or losses. No risk-control tool removes the need to monitor your account and understand your obligations.
Suitability, Appropriateness and Eligibility
Leveraged derivatives are not suitable for every person. Before opening an account or entering a transaction, you should consider your knowledge, trading experience, financial resources, objectives, time horizon, risk tolerance and ability to withstand rapid or total loss.
Any information collected by the Company concerning your experience or knowledge is used for onboarding, compliance or risk-assessment purposes and does not mean that the Company has determined that a product is suitable for your personal circumstances. Acceptance of an account application is not investment advice or a recommendation to trade.
You must not trade if you do not understand the product, the method used to calculate profit and loss, margin requirements, applicable charges, liquidation rules and the circumstances in which you may owe additional money.
Nature of FX, CFDs and OTC Derivatives
A CFD or other derivative derives its value from an underlying asset, reference price or market but generally does not give you ownership of that underlying asset. You normally do not acquire voting rights, title, delivery rights or other rights of an owner unless the applicable product terms expressly state otherwise.
Transactions may be conducted over the counter rather than on a regulated exchange. Prices may be derived from one or more external sources and adjusted for spreads, liquidity, financing, market conditions, product design or operational factors in accordance with the Client Agreement and execution disclosures.
Your Client Agreement and execution disclosures identify the Company's role and whether the Company, an affiliate or a third-party provider acts as principal, counterparty, arranger, executing broker or service provider. You must not assume that a transaction is exchange-traded or centrally cleared merely because its price refers to an exchange-traded asset.
Leverage, Margin and Liquidation Risk
Leverage allows a position with a notional value greater than the margin deposited. It increases sensitivity to market movements and can cause rapid loss.
Initial margin is not the maximum amount you may lose. Floating losses, financing charges, commissions and price gaps may reduce account equity below required levels.
Margin requirements and leverage may be changed in accordance with the Client Agreement, including before news events, holidays, market disruption or periods of unusual volatility. This may require additional funds or position reduction on short notice.
The Company may close, reduce or hedge positions when account equity falls below applicable thresholds. Liquidation may occur without prior notice and in an order selected by the Company's systems or risk controls.
Liquidation levels are triggers, not guaranteed execution prices. Several positions may be closed at different prices, and losses may continue while orders are processed.
Failure or delay in receiving a margin alert does not relieve you of the obligation to monitor your account and maintain sufficient margin.
Market Volatility, Gapping and Liquidity Risk
Markets can move rapidly because of economic data, political events, conflict, central-bank decisions, corporate announcements, changes in supply and demand, market sentiment or unexpected events. Past levels of volatility are not a reliable guide to future conditions.
A market may open at a price materially different from its previous close or move through price levels without trading at each intermediate level. This is known as gapping. An order may therefore be executed at the next available price rather than the price requested.
Liquidity may decline or disappear, particularly outside normal market hours, around holidays, during news events, in fast markets or for less frequently traded instruments. Wider spreads, order rejection, partial execution, trading suspension or delayed liquidation may result.
The Company may restrict, suspend, adjust or close trading where an underlying market is unavailable, pricing is unreliable, a liquidity provider withdraws, an instrument becomes disorderly or action is reasonably necessary under the Client Agreement.
Pricing, Execution and Order Risk
Quoted prices may differ from prices shown by an exchange, data vendor, news service, another broker or trading venue because sources, timing, spreads, liquidity and product specifications differ.
An order is not completed until accepted and executed. Submission, display or receipt of an order does not guarantee acceptance or execution.
Slippage may be positive or negative. Market, stop, take-profit, stop-loss and pending orders may execute at a different price or may not execute where no executable price is available.
Limit orders may remain unfilled even if a chart or indicative feed appears to touch the requested level. Order execution depends on executable prices, available liquidity, queue priority and applicable product rules.
Latency, rapid price changes, connection delays or duplicate instructions may cause an order to be rejected, delayed or executed after the market has moved.
Manifest pricing, quotation, platform or transaction errors may be corrected, cancelled or adjusted where permitted by the Client Agreement. Reliance on an obviously incorrect price may result in reversal of apparent profit.
Historical charts and third-party data may contain errors, delays, omissions or adjustments and should not be treated as a guaranteed record of executable prices.
Counterparty, OTC and No Clearing House Risk
An OTC derivative may expose you to the credit and performance risk of the contractual counterparty. Where the Company is the counterparty, your rights depend on the Company's ability to perform its obligations. Hedging by the Company does not transfer to you any direct right against a liquidity provider or hedge counterparty.
OTC transactions may not be transferable to another provider. You may be able to close or modify a position only through the Company and in accordance with available prices, trading hours and the Client Agreement.
Unless expressly stated otherwise, there is no exchange or central clearing house guaranteeing the Company's performance. Default, insolvency, operational failure or interruption affecting the Company, a bank, liquidity provider, custodian, payment provider or other counterparty may delay or reduce recovery.
Client Money, Payments and Insolvency Risk
The Client Agreement and funding disclosures describe how deposits, withdrawals and client money are received, recorded and processed. Before transferring funds, you should confirm the account name, payment route, supported currency and any applicable conditions through an official Company channel.
Funds may be held or processed through banks, electronic money institutions, payment service providers, card acquirers, digital-asset service providers or other third parties. You are exposed to their credit, operational, legal, settlement, cyber and insolvency risks, as well as delays, freezes, reversals, limits or additional verification requirements.
Operational segregation of client funds, where used and expressly disclosed, does not guarantee complete protection or immediate repayment. A shortfall, banking failure, legal dispute, reconciliation error, fraud, insolvency or competing claim may delay or reduce recovery.
You must not assume that money is held on statutory trust, protected by deposit insurance, covered by an investor compensation scheme or guaranteed by AOFA unless the Company expressly confirms the relevant arrangement in a binding document and identifies its legal basis.
Pending deposits, withdrawals, chargebacks and currency conversions may affect free margin or account equity. A requested withdrawal is not complete until processed and received. The Company may conduct AML, sanctions, fraud and source-of-funds checks and may delay, reject, freeze or return a payment where permitted or required.
Platform, Technology and Cyber Risk
Trading platforms, websites, mobile applications, APIs, networks, servers and price feeds may become unavailable, delayed, corrupted or inaccurate.
Internet, device, telecommunications, power or software failures may prevent you from monitoring positions, receiving notices, depositing margin, placing orders or closing positions.
Automated strategies, expert advisers, copy functions, APIs and algorithms may contain coding errors, operate differently from back-tests, generate duplicate or unintended orders, or continue trading in abnormal conditions.
Third-party software, plugins, virtual private servers, signal services and devices are used at your own risk. The Company does not control their availability, accuracy or security.
Cyberattacks, phishing, credential theft, malware, SIM swapping or unauthorised access may result in account compromise or fraudulent instructions. You must secure credentials and promptly report suspected compromise.
A platform display, notification or account statement may be delayed or require correction. You must review confirmations and notify the Company promptly of suspected errors within the period stated in the Client Agreement.
Foreign Market and Currency Risk
Products linked to foreign markets may be affected by different trading hours, holidays, settlement practices, disclosure standards, political conditions, capital controls, tax rules and regulatory interventions.
Where an instrument, account or funding method is denominated in a currency different from your reference currency, exchange-rate movements may increase losses or reduce gains. Currency conversion charges and conversion timing may also affect account value.
Restrictions on conversion, transfer, repatriation or access to a currency may delay settlement, withdrawal or valuation. The absence of a local market or reliable conversion rate may require the Company to use an alternative pricing or valuation method permitted by the Client Agreement.
Product-Specific Risks
Foreign exchange products may be affected by central-bank intervention, interest-rate changes, currency controls, political events and sudden loss of liquidity.
Commodity and energy CFDs may experience extreme volatility, supply disruptions, storage constraints, weather effects, geopolitical events and unusual or negative reference prices.
Index and futures-based CFDs may be affected by contract expiry, rollover, basis differences, constituent changes, exchange limits, trading halts and adjustments between cash and futures reference markets.
Share and equity CFDs may be affected by corporate actions, dividends, rights issues, takeovers, suspensions, delistings, borrow availability and short-selling restrictions. Adjustments may not reproduce the economic or legal position of owning the underlying shares.
Cryptocurrency and crypto-asset CFDs involve particularly high volatility, fragmented markets, limited liquidity, forks, network events, technology failure, custody and exchange disruption, pricing differences and rapid regulatory change. Reference markets may operate continuously while Company trading hours or risk limits may not.
Products linked to emerging, thinly traded or synthetic reference markets may have wider spreads, fewer price sources and greater valuation uncertainty.
Costs, Financing, Tax and Corporate Actions
Trading costs may include spreads, commissions, mark-ups, overnight financing, swaps, rollover adjustments, currency conversion, data charges, payment fees, inactivity or administration fees and third-party charges. Charges reduce returns and may cause a position or account to become unprofitable even where the market moves in your favour.
Financing and swap rates may change, may be positive or negative, and may be multiplied around weekends, holidays, contract rollovers or other dates. A swap-free or promotional account may have alternative charges, eligibility limits or holding-period conditions.
Corporate actions, dividends, contract expiries, index rebalancing and futures rollover may cause cash or price adjustments, position closure, replacement or changes to product specifications. Such adjustments may not exactly match the treatment received by an owner of the underlying asset.
You are responsible for obtaining independent tax advice and for taxes, duties, reporting and filing obligations applicable to your trading. The Company does not guarantee any tax treatment and may be required to withhold or report information under applicable law.
Advice, Education, Copy Trading and Managed Accounts
Unless separately agreed in writing, the Company does not provide personal investment, financial, legal or tax advice. Market commentary, research, webinars, education, calculators, trading ideas, signals and account-manager communications are general information and do not take account of your personal circumstances.
Past performance, hypothetical results, back-tests, rankings and examples are not reliable indicators of future performance. Results may omit costs, slippage, liquidity constraints, execution differences, withdrawals, failed trades or changes in market conditions.
Copy trading, social trading, PAMM, MAM and other managed or allocation-based arrangements expose you to the decisions, errors, strategy, leverage and conduct of a third-party strategy provider or manager. The Company does not guarantee the manager's competence, honesty, availability or performance.
Your results may differ from a master, manager or displayed account because of allocation methodology, account size, leverage, currency, timing, price, slippage, rejected orders, minimum trade sizes, deposits, withdrawals, fees or disconnections. Closing or disabling a service may not immediately close every open position.
Authority given to a manager or strategy provider may permit transactions without your prior approval. You must understand the scope of authority, fees, termination process and responsibility for monitoring. You remain exposed to all resulting gains, losses, costs and tax consequences.
Conflicts, Affiliates, Introducers and Third Parties
The Company, its affiliates or service providers may act in multiple capacities, including as platform provider, contractual counterparty, hedging party, liquidity recipient, pricing source, distributor or fee recipient. These roles may create actual or potential conflicts of interest.
The Company or another person may earn spreads, commissions, mark-ups, financing charges, volume-based payments, rebates or other remuneration connected with your trading, referral or account activity. Details applicable to your account should be reviewed in the Client Agreement and remuneration disclosures.
Introducing brokers, affiliates, educators, signal providers, account managers and marketing partners are not authorised to vary the Client Agreement, guarantee profits, hold client money or make binding commitments on behalf of the Company unless expressly authorised in writing.
The Company may rely on third-party banks, payment providers, liquidity providers, technology vendors, data sources and contractors. Their failure, delay or misconduct may affect your account even where the Company has exercised reasonable care in selection and oversight.
Legal, Regulatory and Jurisdictional Risk
The availability and legality of a product or service depend on your location, status and applicable law. The Company's Anjouan incorporation and AOFA licence do not authorise an offer in every country and do not replace any authorisation required in your jurisdiction.
Laws, regulatory expectations, sanctions, market rules, product restrictions and tax treatment may change without notice. A change may require additional verification, revised leverage, trading restrictions, product suspension, position closure, payment blocking or termination of a service.
You are responsible for ensuring that opening and operating an account is lawful for you. The Company may refuse or discontinue services where an offer would be unlawful, subject to sanctions or inconsistent with its risk appetite or Restricted Countries Policy.
Rights, remedies, dispute resolution and governing law are set out in the Client Agreement. You may not have access to protections, compensation schemes, ombudsman services or remedies available in another jurisdiction.
Client Responsibilities and Acknowledgement
You are responsible for understanding every product and transaction, monitoring open positions and account equity, maintaining sufficient margin, securing account credentials, reviewing confirmations and statements, and promptly notifying the Company of suspected errors or unauthorised activity.
Before trading, you should read all applicable legal documents, test platform functionality where appropriate, understand how to close positions, consider worst-case losses and seek independent financial, legal and tax advice where needed.
By opening an account or entering into a transaction after receiving this Statement, you acknowledge that you have had an opportunity to read it, understand that trading involves material risk, and accept that no disclosure can identify every risk. This acknowledgement does not waive any right that cannot lawfully be waived.
If you do not understand this Statement or are unable to accept the risks, you should not open an account, fund an account or trade. Questions and complaints should be submitted to the Company through its official Contact Support channel in accordance with the Complaints Handling Policy.
## **Need Assistance?**
Review the risks carefully before trading
Before opening an account or entering into a transaction, review this Statement together with the Client Agreement and all relevant legal and product documents. If you need clarification, contact the support team at https\://www\.gtcfx.com/company/contact-us before proceeding.
/EN-INTL WEBSITE FOOTER
LEGAL DISCLOSURE
## **Website Operator**
This /en-intl Website is owned and operated by GTC Global Trading Ltd, a private limited company incorporated under the laws of the Autonomous Island of Anjouan, Union of the Comoros, with company number 16283. GTC Global Trading Ltd holds licence no. L16283/GTC issued by the Anjouan Offshore Finance Authority. Registered address: Boulevard de Coalancanthe, Mutsamudu, Anjouan, Union of the Comoros.
## **Entity Separation**
Each entity within the GTC Financial Group is a separate legal entity. The incorporation, licence or authorisation held by one entity applies only to that entity and must not be understood as extending to, guaranteeing or regulating another group entity. The products and services offered through the /en-intl Website are provided by GTC Global Trading Ltd under the applicable Client Agreement.
## **Risk Warning**
Trading foreign exchange, CFDs and other leveraged derivatives involves a high level of risk and may not be suitable for all investors. Leverage can magnify gains and losses. You may lose all funds committed to trading and, unless negative balance protection is expressly confirmed in writing, may be required to pay a deficit. Read the Risk Disclosure Statement and Client Agreement and do not trade with funds you cannot afford to lose.
## **Jurisdictional Restrictions**
Products and services are not directed at or offered to any person where the offer, solicitation, distribution or use would be contrary to applicable law or would require an authorisation that GTC Global Trading Ltd does not hold. Access is also restricted in jurisdictions subject to applicable sanctions or regulatory restrictions. Review the Restricted Countries Policy before applying for an account.
Copyright 2026 GTCFX. All rights reserved.
Review the risks carefully before trading
Before opening an account or entering into a transaction, review this Statement together with the Client Agreement and all relevant legal and product documents. Contact support if clarification is required.
