1、Both the Foreign Exchange and the Contracts for Difference provided by MIEX are products of margin trading.
Therefore, compared with other investment methods, the above financial products of margin trading are exposed
to a relatively higher level of investment risk, and may eventually result in a financial loss that is larger
than your initial deposit.
2、Margin trading mainly refers to the type of trades that is carried out through the price movement of
financial products. This type of trades is settled by the difference between the opening price and the closing
price of the financial product involved in the trade.
3、Unless you are completely familiar with all the potential risks related to margin trading and possess of a
sufficient amount of resources for investment, you should not participate in any form of margin trading. The
main reason behind is that the financial market may not fluctuate according to your expectation or
prediction, and in case of an adverse movement in the financial market, you will be responsible for bearing
all the financial losses associated with both the payments of margin and the margin trading itself.
4、Margin trading belongs to leveraged trading, which means that an investor can place a larger trade by
using only a small amount of money as the initial margin. In this case, if the price movement of the
financial product is in favor of your current position, your profits will be greatly increased by the
leverage effect; meanwhile, if the price movement of the financial product is in against of your current
position, your loss will also be largely multiplied by the leverage effect and you may be required to make
immediate deposit of additional margin in your investment account in MIEX, in order to keep these positions
opened. Furthermore, you are responsible for any financial losses associated with the close of your
positions. To shortly summarize, the potential profits and losses of margin trading are both unlimited;
therefore, it is highly recommended that all investors are required to have careful considerations before
making any investment decision of margin trading
5、It is not the case that all the financial products can be traded 24 hours per day. More specifically, a
number of financial products consist of restriction on their opening times and closing times, and some of
them are subjected to unexpected fluctuations. Therefore, although we have been working hard at consistently
updating the information displayed in our Reference Materials, the MIEX is not subjected to any obligation
or liability associated with the accuracy of the information provided. For example, the trading time may be
affected by the national holidays and the changes in Daylight Saving Time (DST). A particular financial
market may be closed due to multiple reasons, and you will not be able to trade during the period of time
6、You are placing trades on prices provided by MIEX instead of the prices listed in the stock exchanges.
The prices provided by MIEX are usually based on, but not completely determined by the prices listed in
the stock exchanges, and there may be some differences between the fluctuations of the exchange price and
the underlying price. Furthermore, all the opened positions can only be closed and settled with MIEX.
7、Transactions are STP to the market. Take profit orders will be executed at order price, whereas stop
loss orders will be executed at market price. Clients must be aware of the associated market risks.
Losses can exceed your deposits and you may lose more than you initially invest.
8、I hereby declare that I am not a resident of the United States, New Zealand, Hong Kong, Singapore, North
Korea, Iran or Cuba.
9、MIEX provides independent capital accounts for our retail clients. When the clients are using their
funds to open positions, MIEX reserves the right to utilize some or all of those funds in other
investment projects. There is not a complete protection of funds, even in the segregated capital
10、If you are in doubt of any aspect of Foreign Exchange and Contracts for Difference, it is highly
recommended that you should seek independent professional advisory services and helps, before the
completion of trades.
11、If you are considering trading shares of the company that you are currently working for, you should
seek professional legal advices before the competition of trades, in order to ascertain that you are not
in breach of any regulations
12、Margin trading is not necessarily designed to replace the existing or traditional investing methods,
and therefore may not be suitable for all the investors
13、Any break-down, bugs, and delay of computers, network and quoting system may result in the platform
not accurately providing the real-time market quotes. For the sake of fairness and clients’ interest, we
do not accept anyone who take advantages of the loopholes and break-down of the platform nor make use of
any third parties’ software (EA plugin) to trade.
All trading account with abnormal trading activities will be suspended.
Definition of abnormal trading activities, including but not limited to:
a.We will perform random inspection over trade account relating to the recent and past trading transactions
based on the volume and the number of trades. Where 30% - 50% of the total trades with holding period less
than 10 minutes
b. Where there are 30% of the total trades with holding period less than 10 minutes, this is deemed as
abnormal trading activities
c.Where there are 30% of the total trades relating to hedged positions less than 10 minutes, this is deemed as
abnormal trading activities.
d.Wd.Where there are unusually frequent trades in an exceptional amount, for example, instantaneously turning
the order quantity from 0.1 lot and 0.5 lot to 5 lots and 10 lots, this is deemed as abnormal trading
14、Our site and services are not for users in certain countries and is not intended for distribution or use by
any person in any country or jurisdiction where such distribution or use would be contrary to local law or
regulation. We reserve the right at any time to deny or terminate all or part of your access to the Website
where in our opinion, there are concerns regarding unreasonable use, security or unauthorized access or where
you have breached any of these Terms without prior notice to you