Risk Disclosure Statement
Foreign exchange (FX) trading is highly speculative and suitable only for customers who (a) are willing to assume economic, legal, and other risks, and (b) have sufficient financial resources to bear losses that may exceed the margin or deposit amount. FX trading is not an appropriate investment for retirement funds. The customer understands the risks involved, has the willingness and the financial ability to take such risks, and agrees that even if the entire account balance is lost, this would not affect the customer’s lifestyle.
Due to the high leverage and low margin requirements associated with foreign exchange and cross-currency contracts, significant losses may occur from price changes. The customer must always maintain the minimum margin requirement on open positions and is responsible for monitoring the account balance. If the margin requirement is not maintained, Blue Dragon has the right to liquidate part or all open positions at any time. Higher leverage increases risk.
Blue Dragon provides the prices used for trading, position valuation, and margin requirements. While the Company expects these prices to be reasonably related to those available in the interbank market, they may differ from prices accessible to banks or participants in such markets. Blue Dragon exercises substantial discretion in setting and collecting margins and is authorized to convert funds in the customer’s margin account at an exchange rate solely determined by Blue Dragon based on prevailing market conditions.
Market orders placed through Blue Dragon’s trading desk are completed when the customer receives confirmation that the transaction has been executed or closed. At that point, the order cannot be canceled. By placing a market order via the trading desk, the customer accepts and assumes the risk of such immediate execution.
Any market recommendations provided by Blue Dragon do not constitute an offer or solicitation to buy or sell any foreign exchange or cross-currency contract. All decisions regarding the appropriateness of any transaction are made solely by the customer. Blue Dragon is neither an advisor nor a fiduciary and owes no fiduciary duty to the customer. The Company shall not be liable for any actions taken or not taken by the customer based on any recommendation or information provided by Blue Dragon, including any resulting claims, losses, damages, costs, or expenses (including attorney’s fees).
Market recommendations from Blue Dragon are based solely on the opinions of its personnel. Such opinions may or may not align with the positions or intentions of Blue Dragon, its affiliates, or employees. Although these recommendations are based on information believed to be reliable, Blue Dragon does not guarantee their accuracy or completeness, nor that following them will reduce or eliminate the inherent risks of FX trading.
Each contract is entered into directly between the customer and Blue Dragon. There is no clearinghouse, and no party guarantees Blue Dragon’s payment obligations to the customer. The customer must rely solely on Blue Dragon for the performance of all contracts and the return of any margin or collateral.
There is no guarantee of profit and no assurance against loss in foreign exchange trading. The customer has not received any such guarantees from Blue Dragon or any of its representatives and understands and accepts the risks inherent in FX trading.
Due to market conditions or other circumstances, Blue Dragon may not be able to close the customer’s positions at the specified levels. The customer agrees that Blue Dragon shall not be liable for any such inability.
If the customer grants trading authority or control of the account to a third-party (“Trading Agent”), whether discretionary or non-discretionary, Blue Dragon assumes no responsibility for reviewing, supervising, or recommending such agent. Blue Dragon makes no representations or warranties regarding the Trading Agent and shall not be liable for any losses resulting from the agent’s actions. Any authorization of a Trading Agent is entirely at the customer’s own risk, and the customer should diligently monitor all account activity.
Because Blue Dragon does not control power supply, signal strength, Internet routing, customer equipment, or the reliability of connections, the Company is not responsible for claims, losses, damages, costs, or expenses (including attorney’s fees) resulting directly or indirectly from failures or malfunctions of transmission, communication systems, computer facilities, or trading software while trading online (via Internet).
Blue Dragon shall not be liable for interruptions, failures, or malfunctions of telephone lines.
In the event of typographical or quotation errors—whether provided by telephone or electronic means—Blue Dragon shall not be responsible for any resulting errors in account balances and reserves the right to make necessary corrections or adjustments. Disputes arising from such errors will be resolved based on the fair market price of the relevant currency at the time of the error, as determined solely by Blue Dragon. If market prices differ from those displayed on the screen, Blue Dragon will endeavor to execute transactions at or near prevailing market prices. This market price will be reflected in the customer’s statement and may or may not adversely affect realized or unrealized profits and losses.
I have read and understood the contents of this Risk Disclosure Statement and agree to engage in foreign exchange
transactions with the Company at my own judgment and risk.
*This consent is confirmed by checking “✓ I Agree” on the online registration screen.
Foreign exchange trading does not guarantee a customer's initial capital or the amount invested in a financial instrument. It may not be suitable for all clients as it involves a high level of risk due to the effects of currency fluctuations and leveraged trading, and the possibility of losing the entire principal amount invested as a result of the transaction. Therefore, please keep your investment within the limits of your loss tolerance. We urge you to fully understand this risk warning before you begin trading and to seek advice from a neutral financial advisor if you have any doubts.
Blue Dragon LLC is an international financial services provider duly registered in Saint Vincent and the Grenadines as an International Business Corporation (IBC) (Registration No. 1438 LLC 2021).
The information on this website is not intended for clients residing in countries where trading in Forex or CFD products is restricted or prohibited by law or regulation.
