HonorPro is a trading name of Honor Capital Markets Limited, a subsidiary of Honor Holding Investments Limited. Honor Capital Markets Limited is regulated by the Financial Services Commission of the Republic of Mauritius and holds an Investment Dealer (Full Service Dealer, excluding underwriting) Licence No. GB200225826. Its registered office is located at 10th Floor, Sterling Tower, 14 Poudriere Street, Port Louis, Mauritius.
Trading foreign exchange (“FX”), Contracts for Difference (“CFDs”), leveraged derivatives and other financial instruments involves a high level of risk and may not be suitable for all investors.
You should only trade with funds you can afford to lose. Leveraged products can result in losses exceeding your initial investment.
This Risk Warning is intended to provide a general overview of the risks associated with the products and services offered by HonorPro. It does not disclose or explain all risks involved. You should ensure that you fully understand the risks before engaging in any trading activity and seek independent financial, legal or tax advice where appropriate.
HonorPro provides services on an execution-only basis.
We do not provide investment, financial, legal or tax advice, nor do we make investment recommendations regarding any financial instrument or transaction.
Any market commentary, research, news, analysis or information provided by us is for informational purposes only and does not take into account your personal circumstances, financial objectives or risk tolerance.
You are solely responsible for your trading decisions and for determining whether trading is appropriate for you.
CFDs and leveraged trading products are complex instruments and carry a high risk of rapid financial loss due to leverage.
Before opening an account, we may assess whether the products and services are appropriate for you based on your knowledge, experience and understanding of the risks involved.
However, any decision to open an account and trade remains entirely your responsibility.
You should carefully consider:
Transactions entered into with HonorPro are conducted on an over-the-counter (“OTC”) basis and not on a regulated exchange.
This means:
OTC trading may expose you to greater risks than exchange-traded products.
CFD trading involves leverage, also referred to as gearing or margin trading.
Leverage allows you to control larger positions with a smaller initial deposit, but it also magnifies both profits and losses.
A small market movement can have a significant impact on your account and may result in:
You are responsible for monitoring your positions and maintaining sufficient margin at all times.
Stop loss orders are intended to help manage risk but cannot guarantee that losses will be limited to a specific amount.
During volatile or illiquid market conditions, slippage or price gaps may occur, resulting in execution at prices worse than requested.
Financial markets may experience sudden and unpredictable price movements due to economic events, political developments, market sentiment, low liquidity or other external factors.
Volatility can significantly increase trading risks and may affect pricing, liquidity and execution.
Past performance is not indicative of future results.
Historical price movements or trading outcomes should not be relied upon as a guarantee of future performance.
If you trade instruments denominated in a currency different from your account base currency, fluctuations in exchange rates may affect your profits and losses.
Trading outside normal market hours or during periods of low liquidity may result in:
Quotes provided during such periods may differ materially from underlying market prices.
Trading CFDs may involve financing charges, rollover fees, commissions, spreads and currency conversion costs.
These costs may reduce profits or increase losses.
You should fully understand all applicable fees and charges before trading.
Certain transactions may require additional payments beyond your initial deposit or margin.
You may be required to provide further funds at short notice to maintain open positions.
Failure to meet margin requirements may result in positions being closed without notice.
Insolvency or default by banks, liquidity providers, brokers or counterparties involved in your transactions may impact your positions and your ability to recover funds.
In certain circumstances, you may lose some or all of your invested capital.
Changes in laws, regulations, taxation rules or regulatory requirements may materially affect financial markets, products, trading conditions or the value of investments.
Regulatory environments may vary across jurisdictions and may change without notice.
You are responsible for determining and fulfilling your own tax obligations arising from trading activities.
HonorPro does not provide tax advice and makes no representation regarding the tax treatment of any transaction.
Where applicable under regulatory requirements, client funds may be held in segregated accounts separate from company funds.
However, segregation may not provide complete protection in the event of insolvency of a financial institution or third-party bank.
You should review the relevant client money provisions contained in our Client Agreement.
Trading platforms, systems, networks and communication channels may experience interruptions, failures, delays or cyber incidents.
These may affect:
Mobile trading platforms may provide limited functionality compared to desktop systems and may increase operational risk.
HonorPro shall not be liable for losses arising from system failures, interruptions or external events beyond its reasonable control, except where required by applicable law.
Online trading involves risks associated with internet connectivity, hardware, software and communication failures.
You acknowledge that delays, outages, transmission failures or unauthorised access may occur when using internet-based trading systems.
Extraordinary events beyond our reasonable control, including but not limited to natural disasters, war, civil unrest, market disruption, government actions, cyber-attacks or infrastructure failures may impact our ability to provide services or execute transactions.
In such circumstances, trading conditions may become highly volatile and positions may be suspended or forcibly closed.
Trading leveraged financial products involves substantial risk and there is no guarantee of profit.
You may lose part or all of your invested capital.
You should only engage in trading activities if you fully understand the risks involved and are financially able to bear such losses.
If you have any questions regarding this Risk Warning or our products and services, please contact:
Email: compliance@honorpro.com