Risk Disclosure

YOU SHOULD CAREFULLY READ ALL THE ACCOUNT DOCUMENTS AND RISK DISCLOSURE STATEMENTS OF Phnom Penh Securities. YOU SHOULD UNDERSTAND THAT TRADING FUTURES, OPTIONS AND/OR FOREIGN EXCHANGE CARRIES A SUBSTANTIAL RISK OF LOSS. GIVEN THE LEVERAGE INVOLVED, THESE LOSSES CAN BE QUITE LARGE AND OCCUR QUITE RAPIDLY, POTENTIALLY EXCEEDING THE FUNDS YOU HAVE DEPOSITED IN YOUR ACCOUNT OR HAVE EARMARKED AS RISK CAPITAL. YOU SHOULD DISREGARD ANY SUGGESTIONS FROM ANY SOURCE WHATSOEVER THAT THE FOREGOING RISKS CAN BE LIMITED, MINIMIZED OR ELIMINATED.

Phnom Penh Securities's website is translated into various languages for the added convenience of the client. In the event of conflict between the original English website content and any translation of the website into other languages, or any other translated communication by Phnom Penh Securities, the English version shall take precedence.

Phnom Penh Securities does not guarantee the accuracy or completeness of any information or analysis supplied. Opinions, research and analysis reports and other documents dealing with market speculation produced by Phnom Penh Securities are intended to support the trading experience.

You should therefore seriously consider whether foreign exchange trading is appropriate for you, especially in light of your own particular circumstances. If you decide to trade foreign exchange anyway, be advised that many industry advisors believe that no more than 20% of your net worth should be placed at risk. If at any time your losses exceed 20% of your net worth, you should cease trading immediately. Phnom Penh Securities assumes no responsibility for monitoring your deposit(s), losses or net worth. Phnom Penh Securities will not refuse to accept your account if your decision to trade is made with full appreciation of the risk of loss.

YOU UNDERSTAND THAT AGGRESSIVE TRADING, AND ESPECIALLY DAY TRADING, IS AN EXTREMELY HIGH-RISK STRATEGY. I UNDERSTAND THAT SUCH TRADING GENERATES SUBSTANTIAL COMMISSION CHARGES TO MY ACCOUNT. I UNDERSTAND THAT DUE TO SUCH ACTIVE TRADING, THE COMMISSION CHARGES RELATIVE TO THE FUNDS DEPOSITED IN YOUR ACCOUNT MAY EXCEED WHAT IS CONSIDERED NORMAL OR PRUDENT IN CURRENCY TRADING. I UNDERSTAND THAT SUCH COMMISSION CHARGES WILL INCREASE YOUR RISK OF LOSS AND CAN ACCOUNT FOR ALL OR PART OF YOUR TRADING LOSSES.

YOU ACKNOWLEDGE THESE ADDITIONAL RISKS AND AGREE TO SUCH AN AGGRESSIVE OR DAY TRADING STRATEGY. YOU FURTHER ACKNOWLEDGE THAT YOU ARE IN CONTROL OF, AND RESPONSIBLE FOR, ALL TRADES EXECUTED IN MY ACCOUNT, AND YOU AGREE TO REVIEW YOUR ACCOUNT AND ANY OPEN MARKET POSITIONS DAILY AND REPORT ANY DISCREPANCY IMMEDIATELY.