Risk Disclosure

Apexx Capital is the trading name of Veltrix Global Ltd., an international business company incorporated under the laws of the Republic of the Marshall Islands.

• Company Name: Veltrix Global Ltd.
• Trading Name: Apexx Capital
• Registration Number: 139285
• Registered Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
• Registered Agent: The Trust Company of the Marshall Islands, Inc.
• Website: apexx-capital.com
• Support Email: support@apexx-capital.com

For the purposes of this Risk Disclosure, the terms "Company," "Apexx Capital," "we," "us," or "our" refer to Veltrix Global Ltd., operating under the trading name Apexx Capital.

The terms "Client," "you," "your," or "user" refer to any person or legal entity that accesses the website, opens an account, uses the platform, places trades, deposits funds, or otherwise uses the services.

Apexx Capital does not provide investment advice, financial advice, trading advice, legal advice, tax advice, portfolio management, asset management, or personal recommendations.

Any information provided by the Company, including platform tools, market information, educational content, market updates, account support, technical analysis materials, or general communications, is provided for informational and educational purposes only.

Nothing provided by the Company should be interpreted as:

• Investment advice
• Financial advice
• Trading advice
• Tax advice
• Legal advice
• A recommendation to buy or sell
• A recommendation to open or close any position
• A guarantee of profit
• A guarantee of performance
• A promise of return
• A guarantee of capital protection

All trading decisions are made solely by the Client.

The Client is solely responsible for assessing whether any trade, instrument, account type, strategy, leverage level, platform feature, or transaction is appropriate for their financial situation, experience, objectives, and risk tolerance.

Trading financial instruments involves a high level of risk.

The value of financial instruments may rise or fall rapidly, and market movements may be unpredictable.

The Client acknowledges and accepts that:

• Trading can result in the loss of part or all invested capital.
• Market prices can move against the Client quickly.
• Trading outcomes are uncertain.
• Past performance is not a reliable indicator of future results.
• Historical prices, charts, market commentary, or previous trading results do not guarantee future market movement.
• No trading strategy can eliminate risk.
• No platform tool, indicator, chart, signal, or analysis method can guarantee profitable results.
• The Client should not trade with funds they cannot afford to lose.

Leveraged trading allows the Client to open positions larger than the amount deposited as margin.

Leverage can increase potential gains, but it can also significantly increase potential losses.

Small market movements may result in large losses relative to the Client's deposited funds.

The Client acknowledges and accepts that:

• Leverage can amplify losses.
• Losses may occur quickly.
• The Client may lose all available account equity.
• In certain circumstances, the Client may be liable for losses exceeding deposited funds unless otherwise restricted by applicable law or account-specific conditions.
• Higher leverage increases risk.
• Leverage may not be suitable for inexperienced clients.

The Company may change leverage levels, margin requirements, or available leverage at any time due to market conditions, liquidity, risk procedures, platform rules, internal policy, or other operational reasons.

Margin trading requires the Client to maintain sufficient account equity to support open positions.

If the Client's account equity falls below required margin levels, open positions may be closed automatically or manually without prior notice.

The Client acknowledges and accepts that:

• The Company may close one or more positions if margin levels are insufficient.
• The Company is not required to issue a margin call before closing positions.
• Positions may be closed at prices worse than expected.
• Market volatility may cause rapid margin deterioration.
• The Client is responsible for monitoring margin levels at all times.
• The Client is responsible for ensuring sufficient funds are available to maintain open positions.
• A failure to maintain sufficient margin may result in forced liquidation, trading losses, negative balance, or account restrictions.

Financial markets may be highly volatile.

Prices may change rapidly due to economic, political, financial, technological, regulatory, environmental, geopolitical, or market-specific events.

Volatility may increase during:

• Economic data releases
• Central bank announcements
• Earnings reports
• Political events
• Elections
• Wars or conflicts
• Natural disasters
• Market openings and closings
• Low-liquidity periods
• Unexpected news events
• Exchange disruptions
• Digital asset market events

During volatile conditions, the Client may experience:

• Wider spreads
• Slippage
• Delayed execution
• Rejected orders
• Reduced liquidity
• Gapping
• Rapid margin changes
• Stop loss execution at worse prices
• Difficulty closing positions

Liquidity refers to the ability to buy or sell an instrument without significantly affecting its price.

Some instruments may become illiquid or difficult to trade, especially during volatile markets, market closures, abnormal conditions, or low-volume periods.

The Client acknowledges and accepts that:

• Orders may not be executed immediately.
• Orders may be executed partially.
• Orders may be rejected.
• Spreads may widen significantly.
• Positions may be difficult or impossible to close at the desired price.
• Certain instruments may be suspended, restricted, or removed from trading.
• Liquidity conditions may vary by instrument, time, account type, platform, and market conditions.

The Company does not guarantee execution at any specific price unless expressly confirmed by the trading platform.

Orders may be affected by:

• Slippage
• Gapping
• Latency
• Connectivity issues
• Market volatility
• Liquidity limitations
• Pricing delays
• Data feed errors
• Platform interruptions
• Third-party execution issues
• Abnormal market conditions
• Order rejection
• Partial execution
• Market closure or suspension

The Client acknowledges that the price at which an order is executed may differ from the price visible at the time the order was placed.

Stop loss, take profit, pending orders, and other order types do not guarantee execution at the requested price.

Slippage occurs when an order is executed at a price different from the requested or expected price.

Slippage may be positive or negative.

Slippage may occur during:

• Fast-moving markets
• Low-liquidity conditions
• News releases
• Market openings
• Market closures
• Weekend gaps
• High volatility
• Execution delays
• Pricing changes
• Platform latency

The Client accepts that slippage is a normal risk of trading and may result in larger losses or reduced profits.

Gapping occurs when the market price moves from one level to another without trading at prices in between.

Gapping may occur after market closures, during weekends, following major news, during volatile conditions, or when liquidity is limited.

The Client acknowledges that:

• Stop loss orders may be executed at a worse price than requested.
• Losses may be larger than expected.
• Positions may open or close at prices materially different from displayed or expected prices.
• Margin requirements may change rapidly.
• Gapping may result in account losses, forced liquidation, or negative balances.

The spread is the difference between the bid price and ask price of an instrument.

Spreads may vary depending on market conditions, account type, liquidity, volatility, time of day, instrument, trading session, and other factors.

The Client acknowledges that:

• Spreads may widen significantly.
• Wider spreads may increase trading costs.
• Spreads may change without prior notice.
• Displayed spreads may not be available at all times.
• Higher account tiers may provide improved spread conditions, but this does not eliminate trading risk.

Positions held overnight may be subject to swap, rollover, or financing charges.

Swap rates may be positive or negative.

Swap rates may vary depending on:

• Instrument
• Position direction
• Account type
• Interest rates
• Market conditions
• Liquidity providers
• Platform rules
• Day of the week
• Holiday schedules
• Internal pricing policies

The Client acknowledges that:

• Overnight charges may reduce account equity.
• Swap rates may change without prior notice.
• Triple swap or adjusted rollover may apply on certain days.
• Holding positions overnight may significantly increase trading costs.
• Higher account tiers may provide reduced swap conditions where applicable, but this does not eliminate risk.

Different instruments carry different risks.

The Client should understand the characteristics, pricing, volatility, trading hours, margin requirements, liquidity, and costs of each instrument before trading.

Contracts for difference and similar derivative products allow clients to speculate on price movements without owning the underlying asset.

CFDs are complex products and involve significant risk.

The Client acknowledges that:

• CFDs may be leveraged.
• CFDs do not provide ownership of the underlying asset.
• The Client has no shareholder rights, voting rights, delivery rights, or ownership rights in the underlying asset unless expressly stated otherwise.
• CFD pricing may differ from underlying market prices.
• CFDs may involve spreads, swaps, commissions, financing costs, and other fees.
• CFDs may be unsuitable for inexperienced clients.
• CFD trading can result in the loss of part or all invested capital.

Unless expressly stated otherwise by the Company in writing, trading through the platform does not give the Client ownership of any underlying asset.

The Client does not own:

• Currency
• Shares
• Commodities
• Indices
• Digital assets
• Physical metals
• Underlying securities
• Any asset referenced by a CFD or derivative instrument

The Client only has contractual exposure to the price movement of the relevant instrument as made available on the platform.

The trading platform, website, client area, systems, networks, applications, and related technology may experience interruptions, errors, delays, maintenance, or failures.

The Client acknowledges that trading may be affected by:

• Platform downtime
• System failure
• Internet failure
• Device failure
• Software errors
• Mobile network issues
• Browser issues
• Server delays
• Login problems
• Data display errors
• Order transmission delays
• Cybersecurity incidents
• Third-party technology failures
• Scheduled or emergency maintenance

The Company does not guarantee uninterrupted or error-free access to the platform.

The Client is responsible for maintaining secure devices, stable internet access, updated software, and account login security.

Market data, charts, prices, quotes, news, watchlists, top movers, spreads, and other platform information may be delayed, incomplete, inaccurate, indicative, simulated, or provided by third parties.

The Client acknowledges that:

• Displayed prices may not be executable prices.
• Website market data may be illustrative.
• Platform data may differ from third-party sources.
• Market data may be delayed or interrupted.
• Errors may occur in data feeds.
• The Company may correct or amend transactions affected by manifest error, pricing error, data error, technical issue, or abnormal market condition.
• The Client should not rely solely on website market displays when making trading decisions.

The Company may use third-party service providers, including:

• Trading platform providers
• Payment processors
• Banks
• Card networks
• Technology providers
• Hosting providers
• KYC providers
• AML screening providers
• Liquidity providers
• Data providers
• Communication providers
• Cloud infrastructure providers
• Analytics providers

The Client acknowledges that services may be affected by third-party actions, delays, restrictions, outages, fees, reviews, failures, or errors.

The Company is not responsible for losses, delays, restrictions, or service interruptions caused by third parties outside its reasonable control.

Deposits and withdrawals may be subject to delays, fees, checks, restrictions, or rejection.

Payment processing may be affected by:

• Bank delays
• Payment provider reviews
• KYC verification
• AML checks
• Security reviews
• Chargeback risk
• Incorrect payment details
• Currency conversion
• Third-party restrictions
• Blockchain network congestion where applicable
• Card network rules
• Compliance investigations
• Sanctions screening
• Internal risk procedures

The Company may delay, reject, reduce, or request additional information in relation to deposits or withdrawals where required for compliance, payment processing, fraud prevention, security, or risk reasons.

The Company does not guarantee instant deposits or withdrawals.

The legal and regulatory status of financial instruments, trading platforms, digital assets, leverage, CFDs, payments, and cross-border financial services may vary by jurisdiction.

The Client is solely responsible for determining whether it is legal to access the website, open an account, fund an account, trade instruments, or use the services in their country of residence, citizenship, tax residence, or location.

Legal or regulatory changes may affect:

• Platform access
• Account availability
• Instrument availability
• Leverage
• Margin requirements
• Payment methods
• Withdrawals
• Tax obligations
• Trading conditions
• Client eligibility
• Company operations

The Company may restrict, suspend, or terminate access where required by law, internal policy, payment provider requirements, banking requirements, or risk procedures.

Trading activity may have tax consequences.

The Client is solely responsible for understanding and complying with all tax obligations applicable to them.

The Company does not provide tax advice.

The Client should obtain independent tax advice where necessary.

The Company may be required to collect, store, report, or disclose tax-related information where required by law, payment providers, banking partners, or compliance procedures.

Apexx Capital may offer different account tiers based on account size, trading activity, eligibility, and account approval.

Higher account tiers may provide improved commercial conditions such as better spreads, reduced swaps, priority support, or additional services.

The Client acknowledges that:

• Higher account tiers do not guarantee profits.
• Higher account tiers do not reduce market risk.
• Higher account tiers do not guarantee execution quality in all market conditions.
• Higher account tiers do not guarantee withdrawal approval in all circumstances.
• Higher account tiers do not eliminate fees, volatility, slippage, margin risk, or platform risk.
• Account benefits may change subject to account approval, eligibility, market conditions, platform availability, and applicable terms.

If the Company offers bonuses, promotions, rebates, credits, or incentives, they may be subject to specific terms and conditions.

The Client must read and understand all promotional terms before accepting any offer.

Promotions may be subject to:

• Eligibility rules
• Trading volume requirements
• Withdrawal restrictions
• Time limits
• Account conditions
• Cancellation rights
• Abuse prevention rules
• Internal review
• Jurisdiction restrictions

The Company may amend, withdraw, cancel, or reject promotions where permitted by the applicable promotional terms and Company policies.

The Company may suspend, restrict, freeze, review, or close an account where permitted under the Terms and Conditions.

This may occur due to:

• KYC issues
• AML reviews
• Payment disputes
• Chargebacks
• Fraud suspicion
• Market abuse suspicion
• Prohibited trading activity
• Regulatory concerns
• Restricted jurisdiction access
• Security concerns
• Platform abuse
• Breach of terms
• Internal risk policy
• Third-party provider requirements

Such actions may affect the Client's ability to trade, deposit, withdraw, access the platform, or maintain open positions.

The Company shall not be liable for losses arising from lawful restriction, suspension, investigation, account review, or closure taken in accordance with the Terms and Conditions.

The Company may communicate with the Client by email, phone, SMS, platform message, website notice, client area notification, or other communication channels.

The Client is responsible for ensuring that contact details are accurate and up to date.

The Client acknowledges that:

• Emails may be delayed, blocked, or filtered.
• Phone messages may not be received.
• Platform notifications may not be seen immediately.
• Technical issues may affect communication.
• Failure to read communications does not remove the Client's responsibility to monitor their account.
• The Company may treat notices sent to the Client's registered email address as delivered once sent, unless a delivery failure notification is received.

The Client is responsible for protecting account credentials, devices, email accounts, internet access, and authentication methods.

The Client should:

• Use strong passwords
• Keep login details confidential
• Avoid sharing account access
• Use secure devices
• Update software regularly
• Avoid public or unsecured networks
• Monitor account activity
• Notify the Company of suspected unauthorised access

The Company is not responsible for losses resulting from the Client's failure to protect login credentials, devices, email accounts, or account access.

Conflicts of interest may arise in relation to trading services, pricing, execution, liquidity arrangements, affiliate relationships, introducing brokers, service providers, internal risk management, or commercial arrangements.

The Company may receive compensation, commissions, spreads, mark-ups, fees, rebates, or other benefits from trading activity, partners, service providers, affiliates, or third parties.

The Company aims to manage conflicts in accordance with its internal policies, but the Client acknowledges that conflicts may exist.

The Client should consider such risks before using the services.

The Company does not guarantee:

• Profits
• Returns
• Trading success
• Capital growth
• Loss prevention
• Execution at requested prices
• Uninterrupted platform access
• Specific account outcomes
• Successful withdrawals in all circumstances
• Protection from market losses
• Accuracy of market analysis
• Future performance

Any statement, chart, example, illustration, educational content, market commentary, or historical result should not be interpreted as a promise or guarantee of future performance.

The Client is responsible for determining whether trading is suitable for them.

Before trading, the Client should consider:

• Financial situation
• Trading experience
• Risk tolerance
• Investment objectives
• Knowledge of leveraged products
• Ability to absorb losses
• Understanding of margin
• Understanding of market volatility
• Legal and tax obligations
• Need for independent advice

The Client should not trade unless they fully understand the risks.

The Client should seek independent financial, legal, and tax advice where necessary.

By opening an account, accessing the platform, placing a trade, funding an account, or continuing to use the services, the Client acknowledges and agrees that:

• Trading involves significant risk.
• The Client may lose part or all invested capital.
• Leveraged trading may result in rapid losses.
• In certain circumstances, losses may exceed deposited funds unless otherwise restricted by applicable law or account conditions.
• The Company does not provide investment advice.
• The Company does not guarantee profits or performance.
• The Client is solely responsible for trading decisions.
• The Client is responsible for monitoring positions, margin, account equity, and risk.
• The Client understands the risks of volatility, leverage, liquidity, execution, slippage, gapping, market data, technology, and third-party providers.
• The Client has read and understood this Risk Disclosure.

This Risk Disclosure should be read together with:

• Terms and Conditions
• Privacy Policy
• AML Policy
• Cookies Policy
• Complaints Policy
• Account documents
• Fee schedules
• Platform rules
• Any other applicable documents published by the Company

If there is any conflict between this Risk Disclosure and the Terms and Conditions, the Terms and Conditions shall prevail unless otherwise required by applicable law.

The Company may update, amend, replace, or modify this Risk Disclosure at any time.

The updated version will be published on the website with a revised "Last Updated" date.

Continued use of the website, platform, client area, account, or services after publication of the updated Risk Disclosure constitutes acknowledgement of the updated Risk Disclosure.

The Client is responsible for reviewing this Risk Disclosure regularly.

If you have questions about this Risk Disclosure, you may contact: