Risk Disclosure

HIGH RISK INVESTMENT WARNING & Risk Disclosure Statement:

The information and services on the TRADE-REX websites are intended for registered and non-registered users. However, the offers that the user finds on the TRADE-REX websites are expressly not directed at persons in countries that prohibit the provision or access to the contents posted therein, in particular not to US persons within the meaning of Regulation S of the US Securities Act of 1933 or Internet users in Great Britain, Northern Ireland, Canada and Japan. Each user is responsible for informing himself about and complying with any restrictions before accessing the Internet pages.

In particular, TRADE-REX points out the particularly high risks associated with transactions with warrants, derivatives and derivative financial instruments. Trading in warrants or derivatives is a financial futures transaction. The considerable opportunities are offset by corresponding risks, which can result not only in a total loss of the capital employed, but also losses in excess of this. For this reason, this type of transaction requires in-depth knowledge of these financial products, securities markets, securities trading techniques and strategies. Therefore, please always consider the advice of an independent financial advisor. As far as TRADE-REX provides stock exchange or economic information, prices, indices, prices, news, market data as well as other general market information on its websites, these only serve as information and support for your independent investment decision. Even if TRADE-REX carefully checks all integrated information, TRADE-REX makes no claim to the correctness, completeness or topicality of the content. It is the user’s responsibility to check the accuracy, completeness and timeliness of this data. This concerns in particular, but not exclusively, course data from third party sources.

This information does not constitute an invitation to buy, hold or sell securities and derivative financial products and does not establish an individual advisory or information relationship. They are not legal, tax or other advice and cannot replace such advice. Before making investment decisions, the user should have carefully informed himself about the opportunities and risks of the investment. A positive performance of a financial product in the past can in no way be taken as an indication of future returns. TRADE-REX assumes no liability for the information provided, which TRADE-REX deems trustworthy, for trade suggestions provided and for their completeness. Readers and participants in multimedia events such as webinars, online seminars, seminars, trader presentations or lecture events that make investment decisions or carry out transactions on the basis of the published content act entirely at their own risk. TRADE-REX assumes no liability for the content of external links. The operators of the linked pages are solely responsible for their content. Any liability of TRADE-REX for the contents of such websites is excluded to the extent permitted by law

PLEASE READ THIS BEFORE PLEASE TRADE OR TRANSACTIONS Before trading shares and in particular leverage products, futures, CFDs, Forex, and similar products, you must be aware of the risks involved. The large leverage associated with trading such products means that the risk is also higher compared to other financial products. The leverage (or margin trading) can work against you, which leads to considerable loss, as well as work for you, which leads to considerable profits. Past success in trading this type of investment is no guarantee of future success. TRADE-REX only offers information material and no recommendations for action of any kind. We do not give any advice regarding your trades! Past investment successes do not guarantee future success. Each investor is responsible for the proper taxation! Trading on margin carries a high risk and is not suitable for every investor. The high leverage can work against you as well as for you, increasing the speed at which profits and losses occur. This means that the trader should monitor his positions very closely – it is the client’s sole responsibility to monitor his trades. Before you start trading, you should carefully consider your investment objectives, financial experience and risk appetite. If you have any doubts about the strategies, analyses or information offered by TRADE-REX, please seek an independent financial advisor.

There is always a relationship between high returns and high risks. Any type of market or trading speculation that could generate unusually high returns is also exposed to high risk. Only excess funds should be exposed to the risk of trading, and anyone who does not have such funds should not participate in trading leveraged products, futures, CFDs and forex products or the like. Trading foreign exchange and futures or CFDs on margin is associated with an enormous risk of loss and therefore not suitable for every investor! TRADE-REX assumes no responsibility for any losses or profits. For further questions regarding this risk information document, please contact an independent financial advisor or a suitable body. Liability If users post content in the comments, discussion forums, so-called streams, chats or blogs and give advice or investment tips there, the content in question is exclusively the responsibility of the users concerned. TRADE-REX only provides the medium technically and is not responsible for the accuracy, correctness or reliability of these contents. In particular, TRADE-REX shall not be liable for any loss or damage incurred by the user as a result of reliance on such information. If damage to the user results from the loss of data, TRADE-REX is not liable for this, irrespective of any participation, insofar as the damage would have been avoided by an appropriate, regular and complete backup of all relevant data by the user. Furthermore, TRADE-REX, its legal representatives and vicarious agents are only liable in the event of injury to life, body or health or in the event of breach of essential contractual obligations (cardinal obligations), i.e. obligations whose fulfilment is essential for the proper execution of the contract and on whose compliance the user may regularly rely, and whose breach, on the other hand, jeopardises the achievement of the purpose of the contract. TRADE-REX is furthermore liable for damages resulting from the absence of warranted characteristics as well as for other damages resulting from an intentional or grossly negligent breach of duty by TRADE-REX, its legal representatives or vicarious agents. In the event of a breach of essential contractual obligations (cf. Section 16.3), TRADE-REX shall only be liable for foreseeable damage typical for the contract if such damage was caused by ordinary negligence, unless the customer’s claims for damages are based on injury to life, body or health. Further claims for damages by the user are excluded. The provisions of the Product Liability Act remain unaffected. If you have any further questions regarding this disclaimer, please contact us or contact a suitable office. Exclusion of liability for any kind of analysis The contents of this website are for information purposes only and do not take into account the special circumstances of the recipient. They do not constitute independent financial analysis or financial or investment advice. The contents of this website are not to be understood as an offer or invitation to buy or sell securities or anything else. Investors should seek independent and professional advice and draw their own conclusions regarding the suitability of the transaction, including its economic advantages and risks. The evaluations, estimates and forecasts contained in this article reflect only the subjective opinion of the respective author or the source cited in each case. TRADE-REX does not assume any liability, for whatever legal reason, for the accuracy, timeliness and completeness of the information transmitted. Legal information for wikifolio.com | wikifolio certificates The risk factors in the respective Final Terms and the Base Prospectus together with supplements of Lang & Schwarz Aktiengesellschaft are expressly referred to at www.wikifolio.com and www.ls-tc.de. The financial instruments shown are not approved for sale in all EU countries. Legal notice for ayondo.com | ayondo social trading Risk notice: Trade and order executions are exclusively provided by ayondo markets Limited. CFDs (Contracts for Difference) are financial instruments that involve a high risk for your capital. They are not suitable for every user as an investment instrument. Your investment is subject to risks. Therefore, make sure you understand the risks associated with CFDs and, if necessary, seek independent advice on whether these products are suitable for you.