Risk Disclosure Statement

Interworld Brokerage Group LTD, operating as arcticsummitcapital.com, is licensed and regulated by the Union of Comoros Offshore Finance Authority (“Comoros”) as an International Brokerage and Clearing House, under License number L19908/IWBG. This Risk Disclosure is provided in accordance with the Financial Advisory and Intermediary Services Act (FAIS Act, 37 of 2002) and is designed to inform you of the inherent risks involved in trading Contracts for Difference (“CFDs”) or other financial derivative instruments. This statement does not, however, outline every risk associated with trading CFDs or other financial instruments.

Services Provided by the Company:

The Company offers intermediary services related to CFDs, which are complex and carry a high level of risk. You are responsible for understanding these risks and ensuring that you only invest capital that you can afford to lose.

Acknowledgment of Risks:

1. High Speculative Risk: Trading in CFDs is highly speculative and may result in substantial financial loss. This form of trading is suitable only for investors who fully understand the risks involved and who have the financial ability to bear the potential loss of their entire investment. It is crucial that you do not invest funds you cannot afford to lose.
2. Leverage and Margin Risks: CFDs involve leverage, which means you may lose more than your initial investment. A significant percentage of retail investors lose money when trading CFDs with this provider. You should fully understand how leverage works and whether you can tolerate the risk of significant losses before proceeding. Specify that the company may require additional margin deposits, and failure to meet margin requirements could result in forced liquidation of positions without notice
3. Liquidity Risks: CFDs may not offer the same level of market liquidity as traditional securities. In particular, CFDs can be more difficult to liquidate, especially during volatile market conditions, which could result in greater risk to your positions.
4. Operational and Regulatory Risks: The Company may close open positions on your account if they are found to violate its policies or regulatory requirements, which could result in a financial loss for you.
5. Price Discrepancies: The prices quoted by the Company for trading CFDs may not exactly match real-time market prices. The prices provided reflect what the Company is willing to sell the contracts for at the time of the transaction, which may differ from current market conditions.
6. No Ownership of Underlying Assets: Trading CFDs does not grant you any ownership rights over the underlying assets such as stocks, commodities, or indices. CFDs are simply financial contracts based on the price movements of these underlying assets.
7. Political and Socioeconomic Risks: The Company operates under the jurisdiction of Comoros, and any changes in the political, economic, or legal environment in the country could impact the Company’s operations and could potentially result in financial losses for you.
8. No Investment Advice: The Company does not offer personalized investment advice. Any general market recommendations provided are not tailored to your specific financial situation or objectives and should not be treated as such. You are solely responsible for any investment decisions made based on these recommendations.
9. Currency Risk: If your trading account is denominated in a currency different from the one you use for trading, fluctuations in exchange rates could affect the value of your positions and result in additional risks or losses.
10. No Guarantees of Profit: The Company does not guarantee any profits or the avoidance of losses. Any trades made are at your discretion and risk, and the Company does not offer any assurance that your trading decisions will result in favorable outcomes.
11. Risks of Online Trading: Trading over the internet involves risks related to third-party systems, software, and communication channels. Issues such as system failures, internet disruptions, or delays could impact the ability to execute your trades and could lead to financial loss. The Company is not liable for such issues.
12. Cybersecurity and Account Protection: You are responsible for securing your account information, including your username and password. You must ensure that your login details are not shared or exposed to unauthorized parties. The Company will never request your password. Any communication involving your account details should be handled with the utmost security.
13. Market Volatility: The prices of the underlying assets of CFDs are subject to market volatility, which can be unpredictable. Events such as political instability, natural disasters, and economic shifts can create sudden price fluctuations. These market conditions may affect your positions and result in financial loss. A stop-loss order cannot guarantee that losses will be limited.
14. Additional Unspecified Risks: There may be additional risks associated with trading CFDs that are not covered in this document. It is your responsibility to evaluate these risks and assess whether your financial condition and risk tolerance allow you to engage in such transactions. The Company does not provide investment, tax, or legal advice. You are advised to seek independent professional guidance before proceeding with trading.
15. Slippage Risk: When market volatility is high, stop-loss orders may not execute at the expected price due to slippage
16. Weekend and Overnight Risks: Market movements over the weekend or during market closures can lead to price gaps when trading resumes, which can result in losses beyond expectations.

Confirmation of Understanding:

By continuing to engage in trading with the Company, you acknowledge that you have read, understood, and accept the risks outlined in this disclosure, without reservation.