Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in foreign exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. The leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is advisable to use only risk capital.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. 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 foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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The RobotFX products that can be acquired or downloaded for free from our sites have been tested to comply with the latest Metatrader 4 and/or Metatrader 5 trading platform, at the time they were published. They are guaranteed to work on Windows 7, Windows 8.1 and Windows 10, 11.
Testing has been made by trading live and/or demo on at least 3 major brokers (usually InstaForex, XM, HotForex, PepperStone or AdmiralMarkets), on major forex pair. During the testing periods we trade mostly forex, the major pairs. Although our EAs/indicators should work with any decent broker and any chart, the RobotFX products – paid or free – are distributed as they are and their description and functionality might differ from case to case. This can be caused by a variety of factors, from broker incompatibility to a slow network connection or a malfunction in the trading computer. Under no circumstances RobotFX will be responsible for any losses that might occur from using our products.
By using the RobotFX products (or any others) we cannot guarantee an improvement in your trading results. Some of our expert advisors are designed to trade independently but in the end we believe that trading result depends on the trader’s skills and not the software used.
In other words, RobotFX takes no responsibility for your trading result, negative or positive, and cannot be blamed for any money losses that may occur, no matter the reason. Buy/use our products at your own risk and accept full responsibility for your trading results.
When acquiring a RobotFX product you get the right to use it for life, with no other subscription charges. You will be sent all the required (if needed) indicators, templates or scripts for the product to work. You also agree with the fact that you have understood how the product works, have tested it before purchasing and that you are familiar with how to use it. In order to protect our intellectual property, each of our payable products are designed to work only on maximum five (5) specific account numbers (Full license) or unlimited account numbers (Standard license). When acquiring a Full licensed products, traders will need to to send us their account numbers after making the payment. The RobotFX products also require the buyer’s email to function.
You are not allowed to re-distribute our software, either for free or for financial gain.
In case the client ignores the above and decides to share our products with third parties, we reserve the right to cancel the license and stop updating their expert advisors.
Once the customer pays for a RobotFX product, he/she gains the right to use it for life (exception making the cases when the license has been removed). Each paid product sold as Full can be used on a maximum of five (5) account numbers, made with any broker, and the client has the obligation to provide these numbers in order to receive his/hers personalized RobotFX version. Failing to provide the trading account numbers doesn’t lead to the license being removed and it also cannot be used as a reason for refunding. For the Standard license, there is no need for any other information.
License renewal (Full license only)
The client can ask for a new license/version of the software acquired in the following situations:
- There was an update announced on RobotFX Blog (free)
- The client lost the previously bought software (paid)
- The client wants to use the software using other trading accounts (paid)
- For whatever other reason invoked by the client (paid)
As per our rules, we are obliged to send the future (new) versions of our software to our clients; this is done by request and it is free. For any other reason, a 10$ tax must be paid and a limit of two requests per year, or two requests for the latest 12 months (whichever comes first) is imposed.
The client’s license might be removed as a consequence of the following acts:
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In case of license removal, the client’s details will be removed from our database and any further communication will be interrupted. The client will still be able to use the RobotFX product, but he/she will not be able to change the account numbers if/when wanted to do so.
Due to the fact that we are commercializing software goods, we do not offer full refunds. RobotFX software products are to be sold/used as they are. This is the normal refund policy for general software products and it is meant to protect the seller. Besides this, the customers have the possibility to download and try any of our paid products before buying, for free. For Full products however, if the delivery of the product is delayed (we aim to deliver in maximum 3 days after the trader submitted their account numbers), the buyer has the right to ask for a full refund and this will be granted. Exceptions are those situations when the buyer specifically informs us that they don’t have a live trading account number yet, and so we won’t be able to customize his/her product.There are also very special circumstances when we may offer a certain discount or another product in exchange, usually it happens if the customer buys the wrong product.
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