At FastBrokers.com, FastBrokersFX.com, Pro.FastBrokers.com, FastBrokers.net, divisions of Fast Trading Services, LLC (collectively “FastBrokers”), we want you to be aware that there is a substantial risk of loss in trading Futures, Options on Futures, and Foreign Exchange (Forex). Please carefully review all risk disclosure documents before opening an account as these financial instruments are not appropriate for all investors. In addition we encourage you to review your investment objectives, evaluate your level of trading experience and your exposure to risk of loss. As these markets carry a high degree of risk we recommend that you do not invest money you cannot afford to lose, also referred to as Risk Capital. Risk Capital means funds, which if lost, would not change your lifestyle or your family’s lifestyle.

This additional risk disclosure document is intended as supplement to all other risk disclosure documents provided to you during the opening account process and it is not intended to replace or enter into a conflict of terms with any other risk disclosures offered by your clearing firm.


Transactions and funds
FastBrokers is an Independent Introducing Broker, as such it does not hold customer funds, and does not perform any type of clearing function for itself or others. All transactions are promptly transmitted to your clearing house which executes orders, clears and settles them.


Transaction statements
FastBrokers encourages you to check your transaction statements daily to determine accuracy or to report any errors. Certain error are time sensitive, therefore you are responsible to report them promptly. If your account is being traded by someone other than yourself, it is imperative that you check your statements as soon as possible to correct any errors. If you are not receiving or are unable to access your transaction statements on a daily basis, even if someone else is trading your account, please contact us immediately; otherwise, we will assume you correctly access your statements them regularly. Every effort will be made to verify the error and correct it promptly; however any outcome and/or results may not be guaranteed. FastBrokers assumes no responsibility for errors and losses caused by erroneous transaction statements.


Commissions
Futures trading accounts – Before submitting your account application, please make sure you have received a written copy of your commissions quote; you can also request a copy by emailing us at info@fastbrokers.com. FastBrokers is compensated through the commission paid by you for each successful transaction, net of all exchange, clearing, NFA, technology, and other applicable fees and/or costs.
Forex trading accounts – FastBrokers does not normally charge commissions on self-directed retail Forex accounts, regardless of trade size. FastBrokers is compensated for its services directly by the FCM/FDM (forex dealer) through the spread between the bid and ask prices, net of clearing, technology and other applicable fees and/or costs.
Professional (floating spreads) and ECN forex trading accounts – FastBrokers is compensated through the commission paid by you for each successful transaction, net of all clearing, technology, and other applicable fees and/or costs. Before submitting your account application, please make sure you have received a written copy of your commissions quote; you can also request a copy by emailing us at info@fastbrokers.com.

Please note that spreads between bid and ask are not fixed and may fluctuate with market volatility.


Risks associated with electronic trading
You are responsible for maintaining the confidentiality of your account and password and for restricting access to your computer, and you agree to accept responsibility for all activities that occur under your account or password.

Trading through an electronic trading or order routing system exposes you to risks associated with system or component failure. In the event of system or component failure, it is possible that for a certain time period, you may not be able to enter new orders, execute existing orders, or modify or cancel orders that were previously entered. System or component failure may also result in loss of orders or order priority. FastBrokers assumes no responsibility for any loss resulting from system or component failure.



Trading platform disclosure
As we are concerned with our client’s satisfaction and expectations we invite you to read the following disclosure about the trading software we provide you along with our services.

Neither FastBrokers, software providers nor any of their officers, employees, affiliates or third party providers (“related parties”), warrant the accuracy, completeness, timeliness, reliability, fitness for a particular purpose or merchantability of any information to which end user has access through any of the Trading Platforms (“Programs”) offered. Also neither FastBrokers, nor any related parties warrant the materials, workmanship or performance of the Programs. All other warranties, express or implied are excluded. In no event shall FastBrokers, or any related parties be liable for (1) any loss, cost or damage, whether in whole or in part, suffered by end user as a result of any decision made or any action taken in reliance upon information to which end user had access through the Programs; or (2) any trading losses, lost profits or any other consequential, special or incidental damages, whether or not reasonably foreseeable, and even if advised of the possibility of such damages. Any and all information accessible through such Programs are the sole and exclusive property of FastBrokers and/or the Programs developer and their affiliates, which retain any and all Intellectual property rights therein. End user may not redistribute such information to any third party without the prior written consent of the owner thereof.


Telephone Orders
FastBrokers is authorized by you to accept oral telephonic orders as you or your authorized agent may give for transactions in your account(s). Although authorized, FastBrokers is not required to accept oral or telephonic orders. FastBrokers is further authorized to record, whether by tape, wire or other method, with or without a periodic tone signal, any and all telephonic or other oral communications between FastBrokers and you and/or your authorized agents, with or without notice thereof.

FastBrokers does not charge any additional fee for telephone orders, however in the event you place the order directly with the Futures FCM or the Forex Dealer you may incur in additional fees charged by these entities. For further information please email info@fastbrokers.com.


Risk of leverage
Transactions in Futures and Forex carry a high degree of risk. The amount of initial margin is small relative to the value of the futures or forex contracts so that transactions are “leveraged.” A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit; this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. If you fail to comply with a request for additional funds, we or the futures FCM or Forex Dealer reserve the right, at any time and without prior notice, to cancel any or all outstanding orders and offset any or all open positions in your account. You will be liable for any deficiency or debit balance which might result. Please review your account disclosures for further information or contact us.


Margin Liquidation fees
FastBrokers does not charge any fees for liquidating positions; however, some Futures FCM or the Forex Dealer may charge you additional fees for each position liquidated by these entities. For further information please email info@fastbrokers.com.


Account termination
Your account(s) may be terminated by either you or FastBrokers (the “parties”) at each party’s sole discretion by written notice to the other. You agree that FastBrokers may modify, change, or discontinue the products and services provided in whole or in part, at any time. You agree that FastBrokers may immediately terminate your access to products and services at its own discretion or if you are found in breach of agreement, if you have jeopardized the proper and efficient operation of product and services, or if you engage in activity which is contrary to FastBrokers’ policies. Any unauthorized use of the products and/or services, whatsoever, may result in automatic termination of your account and you will be notified in writing, via e-mail or standard postal mail. In the event of such termination of account you shall within 15 days from such notice either close out open positions in your account(s) or transfer your account(s) to another Introducing Broker or Futures Commission Merchant. The termination of your account(s) shall not affect the obligations of the parties hereto arising from transactions entered into prior to such termination.


Referral disclosure
DUE TO THE NATURE OF THIS BUSINESS YOUR ACCOUNT MAY HAVE BEEN REFERRED BY AN INTRODUCING BROKER, FOREIGN BROKER OR FOREIGN CONSULTANT (COLLECTIVELY “REFERRING AGENT”). FASTBROKERS DOES NOT SUPERVISE THE ACTIVITIES OF REFERRING AGENT AND ASSUMES NO LIABILITY FOR ANY REPRESENTATIONS MADE BY SUCH AGENT. FASTBROKERS AND REFERRING AGENT ARE WHOLLY SEPARATE AND INDEPENDENT FROM ONE ANOTHER. THE AGREEMENT BETWEEN FASTBROKERS AND REFERRING AGENT DOES NOT ESTABLISH A JOINT VENTURE OR PARTNERSHIP AND REFERRING AGENT IS NOT AN AGENT OR EMPLOYEE OF FASTBROKERS.

1. FastBrokers does not control, and cannot endorse or vouch for the accuracy or completeness of any information or advice Client may have received or may receive in the future from Referring Agent or from any other person not employed by FastBrokers regarding futures, options on futures and foreign currency (“Futures and Forex”) trading or the risks involved in such trading.
2. FastBrokers and/or the Clearing house/FCM provide risk disclosure information to all new Clients when they open accounts. Client should read that information carefully, and should not rely on any information to the contrary from any other source.
3. Client acknowledges that no promises have been made by FastBrokers or any individual associated with FastBrokers regarding future profits or losses in Client's account. Client understands that Futures and Forex trading is very risky, and that many people lose money trading.
4. If Referring Agent or any other third party provides Client with information or advice regarding Futures and Forex trading, FastBrokers and/or the Clearing house/FCM shall in no way be responsible for any loss to Client resulting from Client's use of such information or advice.
5. To the extent Client has previously been led to believe or believes that utilizing any third party trading system, course, program, research or recommendations provided by Referring Agent or any other third party will result in trading profits, Client hereby acknowledges, agrees and understands that Futures and Forex trading, including trading done pursuant to a system, course, program, research or recommendations of Referring Agent or another third party involves a substantial risk of loss. In addition, Client hereby acknowledges, agrees and understands that the use of a trading system, course, program, research or recommendations of Referring Agent or another third party will not necessarily result in profits, avoid losses or limit losses.
6. Client understands that Referring Agent and many third party vendors of trading systems, courses, programs, research or recommendations may not regulated by a government agency.
7. Because the risk factor is high in Futures and Forex transactions trading, only genuine "risk" funds should be used in such trading. If Client does not have the extra capital the Client can afford to lose, Client should not trade in the foreign currency markets.
8. Client understands and acknowledges that FastBrokers and/or the Clearing house/FCM may compensate Referring Agent for introducing Client to FastBrokers and that such compensation may be on a per-trade basis or other basis. Further, the Client has a right to be informed of the precise nature of such remuneration, and on the identity of the Referring Agent.
9. Client understands and agrees that if Client's account with FastBrokers and/or its Clearing house/FCM is introduced by Referring Agent that Referring Agent shall have the right to access Client's trading account statement, but the Referring Agent shall not have the right to enter into any trades on Client's account unless authorized by Client under a power of attorney between Client and Referring Agent granting such Referring Agent the right to trade on Client's account.

Should you have any questions regarding the risks of trading in Futures and Forex products, please contact your FastBrokers account representative.


Conclusion
The foregoing statement does not disclose all of the risks and other significant aspects of trading in Futures, options on Futures and Foreign Exchange (Forex). In light of the risks, you should undertake such transactions only if you understand the nature of the contracts (and contractual relation ships) into which you are entering and the extent of your exposure to risk. Trading in futures, options on futures, or forex is not suitable for many members of the public. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances.

Nothing on FastBrokers’ web sites, emails or any other form of communication or advertisement is intended to be a recommendation to buy or sell in any Futures, Options on Futures or Forex markets. No representation, implicit or explicit, has been made that any account will or is likely to realize any particular profit or loss.