Risk Disclosure and Warning
1. General Information
Hola Prime Markets operates as a broker providing access to financial markets and related services. All information and content published on our website are for general informational purposes only and do not constitute investment advice, an offer, or solicitation to trade any financial instruments. By using our services, you acknowledge that you do so at your own risk. Neither Hola Prime Markets nor its affiliates, employees, or agents accept any liability for losses or damages resulting from the use or misuse of the information provided.
2. Trading Risks
Trading Contracts for Difference (CFDs), forex, precious metals, and other leveraged products carries a high level of risk and is not suitable for every investor. Leverage can magnify both profits and losses, and you may lose more than your initial deposit. Market volatility, liquidity constraints, and rapid price movements can lead to losses that exceed your account balance.
You may be required to provide additional funds to maintain your positions or face forced liquidation by the broker. Stop-loss and other risk management tools do not guarantee protection against losses or slippage during volatile market conditions.
3. Broker Role and Counterparty Risk
As your broker, Hola Prime Markets acts as the counterparty to your trades executed over-the-counter (OTC). Prices and execution are provided by us and may differ from those available on regulated exchanges. While we strive to provide reliable trading services, electronic trading platforms are subject to technical failures, connectivity issues, and cyber risks, which may impact order execution.
4. Third-Party Content and Links
Our website may contain links to third-party websites or services that are not controlled or reviewed by Hola Prime Markets. We do not endorse or guarantee the accuracy of information, products, or services provided on these external sites.
5. Regulatory Compliance and Jurisdiction
Trading in financial products may be restricted or prohibited in certain jurisdictions. It is your responsibility to ensure that your trading activity complies with local laws and regulations. Hola Prime Markets does not provide legal, financial, or tax advice, and you should seek independent professional guidance before trading.
Our services and content are not intended for distribution or use by residents of any jurisdiction where such activities would be unlawful.
6. Risk Disclosure for PAMM Accounts
If your Account is managed by a PAMM Manager, you acknowledge and accept that the Company acts solely as your counterparty for executed transactions and holds no responsibility for the Manager’s conduct, decisions, or representations. You understand that:
6.1 The Company does not endorse or guarantee the performance of any PAMM Manager or their trading strategy;
6.2 Managers act independently, are not agents or employees of the Company, and may engage in trades at their discretion;
6.3 The Company is not liable for any losses arising from the Manager’s actions, and you warrant to indemnify the Company for any claims related to such actions;
6.4 By choosing a PAMM Manager, you accept the inherent risks of leveraged, pooled forex trading—including the potential loss of your entire investment, which may exceed your initial deposit
7. Acknowledgment of Risk
By trading through Hola Prime Markets, you acknowledge that trading involves substantial risk, including the possibility of losing your entire investment. You accept full responsibility for your trading decisions and agree that Hola Prime Markets will not be liable for any losses incurred.
8. Acceptance of Risk Warnings
8.1 Trading Risk Acknowledgement: You acknowledge that trading leveraged and non-leveraged transactions is highly speculative, involves extreme risk, and is only suitable for those who can afford to lose more than their margin deposit. 8.2 Commissions and Other Charges Before you begin to trade, you should obtain a clear explanation of all commission, fees, mark-ups, markdowns and other charges for which you will be liable. These charges will affect your net profit or increase your loss
8.3 Risk-Reducing and Entry Order Strategies The placing of certain Orders such as ‘Stop-Loss’ Orders or ‘Stop-Limit’ Orders, ‘Entry Buy’ Orders or ‘Entry Sell’ Orders which are intended to limit risk, may not be effective because market conditions may make it impossible to execute these Orders. Strategies using combinations of positions, such as ‘spread’ and ‘straddle’ positions may be just as risky as taking long or short positions. Clients’ Orders will become Market Orders when the predetermined price level is reached, even if the price is considerably different from the original Order.
8.4 Market Risk Understanding: You understand that low margin requirements in leveraged trading can result in significant losses exceeding your investment. Market conditions make it difficult or impossible to execute orders at desired prices, and you may be required to deposit additional funds on short notice to maintain positions. No guarantees of profit or loss protection exist in investment trading.
8.5 Suitability and Risk Factors: You should only trade if you understand the risks and have appropriate experience. Trading in leveraged securities may not suit many investors. Currency contracts are privately negotiated and not exchange-traded with no central clearing organization backing transactions. Counterparty risk exists with us and third parties, regulatory protections may be limited, and positions cannot be transferred to other parties. We may close positions without your consent in certain circumstances.
8.6 Trading Facility Limitations: Computer systems are vulnerable to disruption or failure, and system outages may prevent order execution or account access. Electronic trading differs from traditional markets, and technical failures may result in order execution problems. You must obtain a clear explanation of all fees, commissions, and charges before trading, as these will affect your net profit. Stop-loss and limit orders may not be effective in all market conditions and could result in worse execution than market orders.
8.7 Market and Operational Risks: Trading may be suspended due to market conditions, liquidity issues, or regulatory actions, affecting your ability to execute transactions. You should familiarize yourself with protections for client money and positions, as in insolvency situations, your funds may not receive priority over other creditors, and recovery may be limited. Profits and losses in foreign currency transactions will be affected by exchange rate fluctuations when converted to your base currency.
8.8 Jurisdiction and Execution Policies Trading in other jurisdictions may expose you to different regulations and reduced investor protections compared to your home market. We are not liable for quoting or execution errors, including wrong prices due to system failures or communication errors. Any resulting account balance discrepancies will be corrected at our discretion. OTC transactions are unregulated with no daily price movement limits, minimum financial requirements, or settlement procedures, creating additional risks compared to exchange-traded instruments.
8.9 Current Policies: We do not currently offer foreign currency options. Trading in leveraged securities is highly speculative due to volatile prices influenced by interest rates, economic events, and market disruptions. Not all risks can be foreseen.
9. Contact Information:
For any questions about this Risk Disclosure or your trading account, please contact us at: [email protected]