Disclosure
risks

General provisions

This document contains information about the risks associated with using the financial instruments and services available through Pathway Capital Management. Financial markets are subject to constant change, and operations with financial instruments may involve significant risks.

Use of the platform's services means the user understands that all decisions are taken independently and at their own risk.

General market risk

The value of financial instruments can both rise and fall under the influence of various factors: economic events, political processes, central bank actions, interest rate changes and international crises. Past results do not guarantee similar results in the future.

Risk of capital loss

Any activity connected with financial markets involves the possibility of partial or total loss of the funds invested. Users must assess the acceptable level of risk themselves and use only those funds whose loss would not have a material effect on their financial position.

Volatility risk

Financial markets can show significant price fluctuations over short periods of time. High volatility can lead to sharp changes in asset values, increased market risks and greater uncertainty on the market.

Risk of using leverage

Trading with leverage can increase both potential profit and possible losses. Even a small change in the market price can lead to a significant change in the outcome of a transaction. Using leverage requires an understanding of the associated risks and a responsible approach to capital management.

Currency risk

When working with currency instruments, users are exposed to the risk of exchange rate changes. Currency values can change under the influence of states' economic policy, central bank decisions, geopolitical events and international trade.

Liquidity risk

Under certain market conditions a situation may arise in which buying or selling a financial instrument becomes difficult. Insufficient liquidity may lead to longer execution times and significant changes in the execution price.

Technical risks

The use of electronic trading platforms involves certain technical risks: internet connection interruptions, software failures, data transmission errors, temporary unavailability of services. Pathway Capital takes reasonable measures to ensure the stability of the platform, but cannot guarantee the complete absence of technical failures.

Risks of CFD instruments

Contracts for difference (CFDs) are complex financial instruments and may involve an elevated level of risk. Changes in the value of the underlying asset can significantly affect the outcome of CFD operations. Before using such instruments, it is recommended to make sure you understand the principles of how they work.

Risks of individual instruments

Risks of shares and indices: their value depends on companies' financial results, the state of the economy and investment sentiment. Risks of commodity assets: prices can change significantly under the influence of global demand, production volumes and political factors. Risks of ETFs and bonds: they are exposed to interest rates, credit factors and investment sentiment.

No guarantee of returns

Pathway Capital does not guarantee the receipt of profit, the achievement of particular financial results or the preservation of invested funds. Any forecasts and analytical materials represent a subjective opinion and cannot be regarded as a promise of future results.

Final provisions

By using Pathway Capital's services, the user confirms that they have read this document, understand the nature of the risks associated with financial markets and accept responsibility for their own decisions. Before taking any action, it is recommended to assess your own level of preparation and, if necessary, consult independent specialists.