本聲明改編自作為美國(guó)商品期貨交易委員會(huì)發(fā)布的Rule 1.55(c)的附錄A的期貨和期權(quán)風(fēng)險(xiǎn)披露聲明，它并不用于揭示即期外匯交易中的所有風(fēng)險(xiǎn)以及面面俱到介紹該事務(wù)中其它重要的方面。由于這些風(fēng)險(xiǎn)的關(guān)系，你必須在完全理解需要簽署的合約（以及合約關(guān)系）以及你可能承受的風(fēng)險(xiǎn)之后才能從事交易。FOREX現(xiàn)貨合約交易并不適合所有人。你需要根據(jù)自己的經(jīng)驗(yàn)、目標(biāo)、經(jīng)濟(jì)基礎(chǔ)以及其它相關(guān)的具體情況認(rèn)真考慮FOREX交易是否適合你。

1、Effect of “Leverage” or “Gearing”

Spot Forex Transactions carry a high degree of risk. The amount of initial margin is small relative to the value of the Spot FOREX Contract so that transactions are “leveraged”or“geared”. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit; this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit.

1、“杠桿”效應(yīng)

即期外匯交易風(fēng)險(xiǎn)系數(shù)很高。保證金只占FOREX現(xiàn)貨合約價(jià)值的很小一部分，這被稱作“杠桿”效應(yīng)。市場(chǎng)很小的波動(dòng)可能會(huì)對(duì)你的賬戶有較大的影響；這對(duì)你可能是有利的，也可能是不利的。你可能損失全部的初始保證金以及全部為維持賬戶未平倉頭寸追加的保證金。如果市場(chǎng)朝著客戶頭寸相反的方向移動(dòng)或保證金金額提高，客戶將被要求追加額外的保證金以維持賬戶未平倉頭寸。如果客戶沒有按時(shí)追加保證金，則賬戶中的頭寸將被全部強(qiáng)制平倉，由此造成的所有損失由客戶自己負(fù)擔(dān)。

2、 Risk-reducing orders or strategies

The placing of certain orders (e.g., “stop-loss” orders or “stop-limit”orders) that are intended to limit losses to certain amounts may not be effective because market conditions may make it impossible to execute such orders. Strategies using combinations of positions, such as “spread” and “straddle”positions may be as risky as taking simple “long”or“short”positions.

2、 降低風(fēng)險(xiǎn)的交易指令或策略

用于控制損失在某個(gè)限度的某些指令（諸如“止損”、“止損限價(jià)”等）有時(shí)候可能不起什么作用，因?yàn)槟承┦袌?chǎng)條件可能會(huì)使這些命令無法執(zhí)行。在使用類似差價(jià)交易、跨式組合頭寸交易策略時(shí)，其風(fēng)險(xiǎn)可能與簡(jiǎn)單地持有“多頭”或“空頭”頭寸一樣高。

3、Terms and conditions of contracts

You should ask the firm with which you deal about the terms and conditions of the specific currencies which you are trading and associated obligations (e.g., the circumstances under which you may become obligated, under extraordinary circumstances, to make or take physical delivery of the full currency value).

3、合約條款

在開始交易之前，你應(yīng)向相關(guān)公司咨詢具體的交易貨幣的所有細(xì)節(jié)以及相關(guān)責(zé)任（例如，在哪些特別情況下你有義務(wù)負(fù)責(zé)全部貨幣價(jià)值的實(shí)際交貨）。

4、Suspension or restriction of trading and pricing relationships Market conditions (e.g., lack of liquidity) and/or the operation of the rules of certain markets (e.g., suspension of trading in any Spot FOREX Contract because of government intervention or “circuit breakers”) may increase the risk of loss by making it difficult or impossible to effect transactions or liquidate/offset positions.

4、交易暫停或交易受到限制

某些市場(chǎng)狀況（例如缺乏流動(dòng)性）和/或市場(chǎng)的操作規(guī)則（例如由于政府干預(yù)或“斷路器”而造成FOREX 現(xiàn)貨合約交易暫停）將會(huì)造成無法開倉或平倉或進(jìn)行交易，這將導(dǎo)致風(fēng)險(xiǎn)增加。

5、Deposited cash and property

You should familiarize yourself with the protections accorded money or other property you deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy. The extent to which you may recover your money or property may be governed by specific legislation or local rules. In some jurisdictions, property which had been specifically identifiable as your own will be pro-rated in the same manner as cash for purposes of distribution in the event of a shortfall.

5、資產(chǎn)的保全

你應(yīng)了解如何保護(hù)你在進(jìn)行國(guó)內(nèi)或國(guó)外交易的過程中所存入的現(xiàn)金或其他形式的資產(chǎn)，尤其要了解在有關(guān)公司破產(chǎn)的情況下如何保護(hù)自己的財(cái)產(chǎn)。客戶能夠索回財(cái)產(chǎn)的多寡取決于當(dāng)?shù)氐挠嘘P(guān)法律和法規(guī)。在某些司法管轄區(qū)，如果收回的數(shù)目不足，那么可認(rèn)定屬于你的財(cái)產(chǎn)將會(huì)像現(xiàn)金的形式那樣按比例分配給你。