Waiver of Liability

This liability waiver releases Ascend Trading, incorporated in Panama, from all legal and financial liability that may occur while using their Platform and all its services including but not limited to Ascend Trading. By signing this waiver, I agree to hold Ascend Trading and all its 3rd party providers entirely free from all such liability.

I understand that Trading may not be suitable for me as it carries a significant risk to my capital. I understand that trading and specifically, using Ascend Trading, may result in me losing part or all of my capital invested. I understand that Ascend Trading’s Platform’s past performance is not indicative of future results. Poor fill rates, expiry times, market volatility and platform errors could result in losing trades. Before deciding to purchase and participate with Ascend Trading, I have carefully considered my investment objectives, level of experience and risk appetite.

I understand that Ascend Trading has advised me of all the above and also that trading is extremely risky, but despite this, I have chosen to participate in it and therefore I waive Ascend Trading and all its 3rd party providers from any legal and financial liability involved.

I also waive Ascend Trading from any legal and financial liability involved if the servers of Ascend Trading or any other 3rd party are down for either maintenance reasons or acts of God, and this results in replication losses or missed wins, on my account. I also understand that I am not entitled to any compensation or refund due to the above. I also understand that Ascend Trading is a working product and technical glitches, system errors, algorithmic malfunctions and replication errors either on Ascend Trading side or any 3rd party provider Ascend Trading uses, can still appear at random times, and as a result I may face significant financial losses or entire account wipeout. I understand these are the technical risks associated with automatic trading and cognoscente of this, I still wish to continue to participate with Ascend Trading’s Platform. In any such aforementioned event, I waive Ascend Trading and any of its 3rd party providers from any legal and financial liability involved.

In addition to the above, I agree to limit my trade sizes to a maximum of 100 units of any currency per trade and I also agree to maintain a professional demeanor at all times in any public chat rooms created by Ascend Trading.

I understand that any communication and materials exchanged as part of my participation with Ascend Trading are copyright of the parent company Ascend Trading and confidential. I will not reproduce, forward or re-post any of this material publicly. I will also not express my views with Ascend Trading in public forums in a manner that can bring disrepute to Ascend Trading. I understand that if I breach this confidentiality clause, Ascend Trading may suffer a significant loss to their intellectual property and brand and that as a result, I may be pursued in court to the full extent of the law in the jurisdiction: Panama. Finally, I understand that at any point in time, the Ascend Trading may choose to exclude me and end my membership from Ascend Trading, subject to a 1 week notice, and that I will accept this immediately.

I agree and by check marking and creating a Ascend Trading account that I forfeit all right to bring a suit against Ascend Trading and all its 3rd party providers. I will also make every effort to obey all safety precautions as listed in writing and as explained to me verbally. I will ask for clarification when needed.