30 June 2023

Risk Disclosure

01. Introduction

Trading and investment activities in Forex, commodities, stocks, cryptocurrencies, and other financial instruments ("Instruments") carry a high level of risk, and they may not be suitable for all investors. The purpose of this Risk Disclosure is to inform users of the potential financial risks involved in trading on Belfrics Prime ("we," "us," or "our"). By using our services, you acknowledge and accept the risks described in this Risk Disclosure.

02. Market Risk

The price and liquidity of Instruments can change rapidly due to factors such as economic events, market announcements, regulatory changes, and other events, leading to price volatility. As a result, you may not be able to sell the Instruments at the desired price, or at all, which could lead to substantial losses.

03. Leverage Risk

Leveraged trading can result in losses that significantly exceed your initial investment. While leverage can magnify your potential profits, it can also magnify your potential losses.

04. Liquidity Risk

Some Instruments may become illiquid, meaning they cannot be sold at a reasonable price or volume, or possibly at all. Liquidity can be affected by a number of factors including market conditions, regulatory changes, and other factors.

05. Regulatory Risk

Regulations related to Instruments, particularly cryptocurrencies, can change rapidly. Changes in laws or regulations can adversely affect the price, liquidity, and the ability to trade or hold Instruments.

06. Technological Risk

Trading on our platform involves the risk of system failures and disruptions, including network delays, hardware and software failures, and outages. These risks could prevent you from executing trades or from realizing profits on your existing trades.

07. Execution Risk

We strive to execute your orders at the best possible price. However, due to market volatility, the execution price received may differ from the price indicated in your order, and you may incur losses as a result.

08. Third-Party Risk

We may execute your orders through third parties, which carries the risk that these third parties may default on their obligations.

09. Cryptocurrency Risk

Cryptocurrencies carry unique risks. Their price is highly volatile, and they may be affected by changes in technology, regulatory developments, market adoption, and other factors.

10. Risk of Loss

You could lose all of the money you invest. You should not invest money that you cannot afford to lose.

By accepting this Risk Disclosure, you acknowledge that you have read, understood, and agree to the risks described above. You should seek professional advice if you do not fully understand these risks