Legal Disclaimer
Important information about the use of our trading tools and calculators
1. No Financial Advice
The information provided on ForexTools (the "Website") is for general informational purposes only. All information on the Website is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the Website.
Under no circumstance shall we have any liability to you for any loss or damage of any kind incurred as a result of the use of the Website or reliance on any information provided on the Website. Your use of the Website and your reliance on any information on the Website is solely at your own risk.
2. Accuracy of Calculations
While we strive to ensure the accuracy of our calculators and tools:
- Pip Calculator: Uses static rates for consistency. Actual broker rates may vary.
- Currency Converter: Rates are cached for 1 hour. Real-time rates may differ.
- All Tools: Results are estimates only and should be verified with your broker.
We recommend always verifying calculations with your broker or financial advisor before making trading decisions.
3. Investment Risks
Trading in financial markets involves substantial risk of loss. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources, and other relevant circumstances.
Forex Trading Risks:
- Leverage Risk: Leverage can work against you as well as for you, and can lead to large losses as well as gains.
- Market Risk: Forex prices can be highly volatile and affected by numerous factors.
- Counterparty Risk: Your broker's financial stability affects your ability to realize gains.
Cryptocurrency Risks:
- Volatility: Crypto prices can experience extreme fluctuations in short periods.
- Regulatory Risk: Government regulations can impact cryptocurrency values.
- Security Risk: Digital assets face unique security challenges.
4. No Guarantees
We make no guarantees about:
- The accuracy of real-time data from third-party APIs
- The availability or uptime of our services
- The suitability of our tools for your specific needs
- Any trading results achieved using our tools
5. Third-Party Links
The Website may contain links to third-party websites or services that are not owned or controlled by us. We have no control over, and assume no responsibility for, the content, privacy policies, or practices of any third-party websites. You further acknowledge and agree that we shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods, or services available on or through any such websites.
6. Professional Advice
The information provided on this Website does not constitute professional financial advice. It is essential to consult with a qualified financial advisor before making any investment decisions. We strongly recommend that you seek professional advice from a licensed financial advisor who can assess your individual circumstances and risk tolerance.
7. Limitation of Liability
To the fullest extent permitted by applicable law, in no event shall ForexTools, its affiliates, directors, employees, or agents be liable for any indirect, punitive, incidental, special, consequential, or exemplary damages, including without limitation damages for loss of profits, goodwill, use, data, or other intangible losses, arising out of or relating to the use of, or inability to use, the Website.
8. "As Is" and "As Available"
The Website and all information, content, materials, and services included on or otherwise made available to you through the Website are provided on an "as is" and "as available" basis, unless otherwise specified in writing. We make no representations or warranties of any kind, express or implied, as to the operation of the Website, or the information, content, materials, or services included on or otherwise made available to you through the Website.
9. Changes to Disclaimer
We reserve the right to modify this disclaimer at any time. We will notify users of any material changes by posting the new disclaimer on this page with an updated effective date. You are advised to review this disclaimer periodically for any changes.
10. Contact Us
If you have any questions about this disclaimer, please contact us:
- Email: legal@forextools.com
- Website: https://propxem.com/tools/
- Address: 123 Financial District, New York, NY 10005