This legal disclaimer applies to the use of Fxexplained.co.uk and its related services.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
Decisions to buy, sell, hold or trade in securities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of “Day Trading” involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks.
No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Opinions expressed at Fxexplained.co.uk are those of the individual authors and do not necessarily represent the opinion of Fxexplained.co.uk or its management. Fxexplained.co.uk has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author. Fxexplained.co.uk will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on information contained on this site. Past performance is no indication or guarantee of future performance.
The opinions expressed in our reader comments and user-generated content reflect the views of their respective authors. Trading forex involves a significant risk of loss. Always do your own due diligence prior to making an investment decision.
The information contained on Fxexplained.co.uk and software provided on the site and all chart pages is compiled for the convenience of site visitors. Fxexplained.co.uk provides this information without responsibility for accuracy and it is accepted by the site visitor on the condition that errors in transmission or omissions shall not be the basis for any claim, demand or cause for action. The information and data were obtained from sources believed to be reliable, but we do not guarantee its accuracy.
This Web site contains links to Web sites, which are not maintained by Fxexplained.co.uk. Links to third-party Web sites are provided for your convenience and information only. Third-party Web sites are not under Fxexplained.co.uk’s control and we are not responsible for the content or accuracy of those sites or the products or services offered on or through those sites. The inclusion of a link in this Web site does not imply Fxexplained.co.uk’s endorsement of the third-party Web site.
Fxexplained.co.uk is compensated by the brokers referred to on this site.
YOU EXPRESSLY AGREE THAT USE OF FXEXPLAINED.CO.UK’S SERVICES IS AT YOUR SOLE RISK. THE SITE, THE SOFTWARE AND THE SERVICES ARE PROVIDED ON AN “AS IS” BASIS. THERE IS NO WARRANTY FOR SOFTWARE DOWNLOADED FROM THE WEBSITE, TO THE EXTENT PERMITTED BY APPLICABLE LAW. THE ENTIRE RISK AS TO THE QUALITY AND PERFORMANCE OF THE SOFTWARE IS WITH YOU. SHOULD THE PROGRAM PROVE DEFECTIVE, YOU ASSUME THE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION.
REGARDLESS OF THE TYPE OF CLAIM OR THE NATURE OF THE CAUSE OF ACTION, YOU AGREE THAT IN NO EVENT SHALL FXEXPLAINED.CO.UK, ITS AFFILIATES, CONTRACTORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS OR LICENSORS, OR ANY OTHER PARTY INVOLVED IN CREATING, PRODUCING OR DELIVERING THE SERVICES, TECHNOLOGY OR CONTENT AVAILABLE ON THE SERVICES, BE LIABLE TO YOU IN ANY MANNER WHATSOEVER.
YOUR SOLE AND EXCLUSIVE REMEDY WITH RESPECT TO THE USE OF ANY SERVICES PROVIDED BY FXEXPLAINED.CO.UK SHALL BE CANCELLATION OF YOUR MEMBERSHIP TO THE SERVICES. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES; IN THOSE JURISDICTIONS OUR LIABILITY SHALL BE LIMITED TO THE EXTENT PERMITTED BY LAW.
Some of our services are works in progress and we reserve the right to change, modify and even discontinue these at our sole discretion. By posting content to our websites or in any other way contribute to our service, you agree that we have a perpetual and unlimited license to republish anything you post or transmit, or derivatives thereof, through the service. We have the right to, without prior notice and at our sole discretion, remove any post, terminate any membership, or take any action for violating the rules and conditions set forth on this page.
We ask you to use our services in a lawful, civil and fair manner. You may not, for example:
Post, transmit or link to any content that is disruptive, uncivil, abusive, vulgar, profane, obscene, hateful, sexually explicit, spam, marketing, promotion of product or service, fraudulent, threatening, harassing, defamatory, or which discloses private or personal matters concerning any person;
Post or transmit any material that you don’t have the right to transmit under law (such as copyrights, trade secrets, or securities) or under contractual or fiduciary relationships (such as nondisclosure agreements);
Violate any applicable law or regulation while accessing and using our sites, including, without limitation, the rules and regulations of the U.S. Securities and Exchange Commission, National Futures Association, CFTC, and the national or other securities exchanges (especially and including the rule against making false or misleading statements to manipulate the price of any security);
Offer, sell, or buy any security, product or financial instrument;
Take any action that imposes an unreasonably or disproportionately large load on our infrastructure or, disrupts or damages the functioning of our systems or Services
Use any content from Fxexplained.co.uk without our prior written approval.
Please maintain the confidentiality of your password. Contact us if you encounter or hear about any suspicious activity related to the use of our services. We will not be responsible for any loss to you arising from unauthorized use of your data. You may only create one (1) account to use with our services, i.e. one account per person.
The performance results on this site are hypothetical in nature and Fxexplained.co.uk makes no representation that these results reflect trading in an actual account. In fact, many of our members use so called demo accounts which may not be subject to broker fees, commissions, margin calls and other factors that would adversely affect the performance if trading was done in an actual account. Furthermore, the results presented reflect only completed trades and do not take in to account any loss or gain from open positions.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
At Fxexplained.co.uk (“Fxexplained“, “we“, “us“), we process personal data about our customers and visitors on our websites (“you“). We make efforts to handle your personal data with care, keep it secure and comply with data protection laws.
Fxexplained is engaged in performance marketing and lead generation online and content publishing regarding financial markets and services.
Please note that the website is not intended for anyone under 18 years of age. We do not intentionally collect or use any information from children.
How this Policy Works
The purpose of this Policy is to explain when, why and how we process information which may relate to you (“personal data“). It also provides important information on your statutory rights. This Policy is not intended to override the terms of any contract you have with us, nor rights you might have under data protection laws.
Optilab Partners AB having its registered address Fatburs Brunnsgata 31, 118 28 Stockholm, Sweden, is principally responsible for looking after your personal data (your Data Controller). Data Controller means the company that determines the means and purposes of processing of personal data.
You should be aware that although we are principally responsible for looking after your personal data, information may be held in databases which can be accessed by other companies (see Section 4 below). When accessing your personal data, all companies will comply with the standards set out in this Policy.
We may process the following personal data about you:
- Data of birth
- Email address
- IP address
- Location data
- Website usage
- Personal preferences and opinions
Fxexplained will collect information directly from you when you use our services or visit our websites.
We use your personal data to:
- send out newsletters and promotional emails relating to products and services. See also Section 6 below on Direct marketing.
- analyse information in our systems and databases to improve the way we run our business and websites according to user preferences, to provide a better service and user experience.
- Improve and target advertisements that you receive from us.
- register you for a chat forum or community, if we make available, in which you can provide comments.
- meet or exercise any of our legal obligations or rights.
We will only process your personal data for the purposes set out in this Section 3 and where we are satisfied that:
- you have provided your consent to us using the data in that way, or
- our use of your personal data is necessary to support ‘legitimate interests’ that we have as a business (for example, to improve our products, or to carry out analytics across our datasets), in a way that is proportionate and respects your privacy.
We work with many third parties, to help manage our business and deliver services. These third parties may from time to time need to have access to your personal data:
- Service providers or data processors that handle your personal data on our instructions, for example cloud services who operate on a global basis, located inside or outside the EU/EEA.
- If we are under a duty to disclose to comply with a legal obligation or protect our interests or security.
- In the event we sell or re-organise Fxexplained, including prospective buyers.
As set out in Section 4 above, we may allow access to your personal data to third parties who may be located outside the European Union.
We may also disclose your personal data if we receive a legal or regulatory request from a foreign law enforcement body outside the European Union.
We will always take steps to ensure that any international transfer of information is managed to protect your rights and interests. Any requests for information that we receive from law enforcement or regulators will be carefully checked before personal data is disclosed.
You have the right to ask us for more information about the safeguards we have put in place as mentioned above. Contact us (see Section 8) if you wish further information.
6. Direct Marketing
We will use your personal data to send you newsletters and direct marketing communications regarding products and services that we and our partners offer regarding financial information and services. This may be in the form of email or targeted online advertisements.
In some cases our processing of your personal data for marketing purposes will be based on our legitimate interests (see Section 3 above). When required by law it will be based on your consent.
You always have a right to say no to further direct marketing, at any time. You can use the opt-out link that you find in all direct marketing communications, or by contacting us (see Section 8).
We take steps to limit direct marketing to a reasonable and proportionate level, and to send you communications that we believe may be of interest or relevance to you, based on the information we have about you.
We will retain your personal data for as long as reasonably necessary for the purposes listed in Section 3 of this Policy.
In some circumstances we keep your personal data during a certain period to meet for example legal, tax or accounting requirements.
We maintain a data retention policy for personal data in our care. Where your personal data is no longer required we will ensure it is either securely deleted or made anonymous.
You have a number of rights in relation to your personal data. More information about each of these rights can be found by referring to the table set out further below.
To exercise your rights you may contact us as by sending an email to info @ fxexplained.co.uk or use our contact form under Contact Us or in writing to Optilab Partners at the address set out in Section 1 above.
Please note the following if you wish to exercise your rights:
|Right||What this means|
|Access||You can ask us to:|
|Rectification||You can ask us to rectify inaccurate personal data.We may seek to verify the accuracy of the data before rectifying it.|
|Erasure||You can ask us to erase your personal data, but only where:· it is no longer needed for the purposes for which it was collected; or· you have withdrawn your consent (where processing was based on consent); or|
· following a successful right to object (see ‘Objection’ below); or
· it has been processed unlawfully; or
to comply with a legal obligation.
We are not required to comply with your request to erase your personal data if the processing of your personal data is necessary:
· for compliance with a legal obligation; or
· for the establishment, exercise or defence of legal claims;
There are certain other circumstances in which we are not required to comply with your erasure request, although these two are the most likely circumstances in which we would deny that request
|Restriction||You can ask us to restrict (i.e. keep but not use) your personal data, but only where:· its accuracy is contested (see Rectification), to allow us to verify its accuracy; or· the processing is unlawful, but you do not want it erased; or|
· it is no longer needed for the purposes for which it was collected, but we still need it to establish, exercise or defend legal claims; or
We can continue to use your personal data following a request for restriction, where:
|Portability||You can ask us to provide your personal data to you in a structured, commonly used, machine-readable format, or you can ask to have it ‘ported’ directly to another Data Controller, but in each case only where:· the processing is based on your consent or on the performance of a contract with you; and|
|Objection||You can object to any processing of your personal data which has our ‘legitimate interests’ as its legal basis, if you believe your fundamental rights and freedoms outweigh our legitimate interests.We have an opportunity to demonstrate that we have compelling legitimate interests which override your rights and freedoms.|
|International Transfers||You can ask to obtain a copy of, or reference to, the safeguards under which your personal data is transferred outside of the European Economic Area.We may redact data transfer agreements or related documents (i.e. obscure certain information contained within these documents) for reasons of commercial sensitivity.|
|Supervisory Authority||You have a right to lodge a complaint with the responsible local supervisory authority about our processing of your personal data.We ask that you please attempt to resolve any issues with us first, although you have a right to contact your supervisory authority at any time.|
To offer you a full range of functions when you visit our website, recognize your preferences, and make the use of our website more comfortable and convenient, we use “cookies.”
What are Cookies?
A cookie, pixel or similar technology is a small file or information saved on your computer or device when you visit the website. It enables the website to remember your actions and preferences (such as login, language, font size and other display preferences) over a period of time, so you don’t have to keep re-entering them whenever you come back to the site or browse from one page to another.
By using our website, you agree to the use and storage of cookies on your computer or device.
You can generally view our website without cookies, but certain parts of the website may not work properly or navigating be slower.
If you do not wish cookies to be stored on your computer or device, you can deactivate the relevant option in the system settings of your browser. You can also delete stored cookies in the system settings of your browser at any time.
More information on how to deactivate or delete cookies can be found here: https://www.aboutcookies.org/cookie-faq/. However, please keep in mind that if you do not accept any cookies this may restrict the functionality of our offerings.
Categories of cookies
Some cookies are:
- necessary in technical terms (technical necessity)
- stored and used for a certain time period (storage duration)
- placed and stored by us or a third party (cookie provider).
Cookies that are technically:
- Necessary: We use certain cookies because they are strictly necessary in order for the website and its functions to work properly. These cookies are automatically placed on your computer or device when you access the website or a certain function, unless you have set your browser to reject cookies.
Session cookies: Some cookies are only needed for the duration of your website session, so called “session cookies”. They will be erased or become invalid as soon as you leave our website or your current session expires. Session cookies are used, for example, to retain certain information during your session.
Permanent cookies: Some cookies are stored for a longer period. For example, it allows to recognize you when you access our website again at a later time and access saved settings. As a result, you can access webpages faster or with greater convenience, for example that you do not need to set certain options again, such as your chosen language. Permanent cookies are automatically deleted after a predefined period.
Provider cookies: These cookies are placed by us or the operator of our website, who is commissioned by us.
You can deactivate Google Analytics using a browser add-on if you do not wish the website analysis to take place. You can download the add-on here: https://tools.google.com/dlpage/gaoptout?hl=.
This add-on stores “opt-out” information on your device that serves to match up your deactivation of Google Analytics. Please note that this kind of “opt out” only leads to the deactivation of Google Analytics for the device and browser from which the opt out was activated. In addition, you may need to reactivate it if you delete cookies from your device.
Our most common cookies are:
|Name of cookie||Cookie provider||Purpose|
|Google Analytics||This Cookie is placed by Google. It enables our website to learn information about our users’ use of our site, such as the time of visit, the pages viewed, whether the user has visited before and the websites visited prior to visiting ours.|
|Facebook Pixel||This Cookie is placed by Facebook. It enables our website to measure, optimize and build audiences for advertising campaigns served on Facebook.|
|Double Click||Double Click||Double Click is used for advertisers and to advertise on multiple ad servers.|