Trading in the products and services of the BrightWin S and F Ltd, also known as BrightWin, may, even if made in accordance with a recommendation, result in losses as well as profits. In particular trading in leveraged products, such as but not limited to, foreign exchange, derivatives and commodities can be very speculative and losses and profits may fluctuate both violently and rapidly.
The content of this Website must not be construed as personal advice. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. Before deciding to trade these products offered by BrightWin you should carefully consider your objectives, financial situation, needs and level of experience.
Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. BrightWin will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
BrightWin does not in any of its Publications take into account any particular recipient’s investment objectives, special investment goals, financial situation, and specific needs and demands. Therefore, all Publications of the BrightWin are, unless otherwise specifically stated, intended for informational and/or marketing purposes only and should not be construed as:
- Business, financial, investment, hedging, legal, regulatory, tax or accounting advice,
- A recommendation or trading idea, or
- Any other type of encouragement to act, invest or divest in a particular manner.
If a Publication becomes outdated the BrightWin shall be under no obligation to;
- Update the Publication,
- Inform the recipients of a Publication, or
- Perform any other action.
Any Publication may be personal to the author and may not reflect the opinion of the BrightWin. BrightWin reserves the right at its sole discretion to withdraw or amend any Publication or Information provided at any time without notice (prior or subsequent).
The content on this website is subjected to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. BrightWin has taken reasonable measures to ensure the accuracy of the information on the website, however, does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website.
This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website is available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
Please note, some features of the BrightWin’ Web Trading System will not be available on the BrightWin Mobile Trading System. Traders should familiarize themselves with the functionality of the Mobile Trading System by using the demo version prior to trading real funds.
The trading platform provides sophisticated order entry and tracking of orders. BrightWin will make best efforts to fill your trade at the price requested. Trading on-line, no matter how convenient or efficient does not necessarily reduce risks associated with currency trading. All quotes and trades are subject to the terms and conditions of the Client Agreement accessible through this website.
Forex & Contracts for Difference (CFD) BrightWin provides FOREX and CFD execution through a straight through processing, or no dealing desk execution model. In this model, BrightWin passes on to its clients the best prices that are provided by one of BrightWin liquidity providers.
BrightWin is not a market marker in any of the currency pairs or CFDs it offers. As such, BrightWin is reliant on these external providers for currency and CFDs pricing. Although this model promotes efficiency and competition for market pricing, there are certain limitations to liquidity that can affect the final execution of your order.
BrightWin aims to provide clients with the best execution available and to get all orders filled at the requested rate. However, there are times when, due to an increase in volatility or volume, orders may be subject to slippage. Slippage most commonly occurs during fundamental news events or periods of limited liquidity. During periods such as these, your order type, quantity demanded, and specific order instructions can have an impact on the overall execution you receive.
The volatility in the market may create conditions where orders are difficult to execute. For instance, the price you receive in the execution of your order might be many pips away from the selected or quoted price due to market movement. In this scenario, the trader is looking to execute at a certain price but in a split second, for example, the market may have moved significantly away from that price. The trader’s order would then be filled at the next price available price for that specific order. Similarly, given BrightWin model for FOREX and CFD execution, sufficient liquidity must exist to execute all trades at any price.
BrightWin provides a number of basic and advanced order types to help clients mitigate execution risk. One way to mitigate the risk associated with slippage is to utilize the Market Range feature on BrightWin’s Platforms. The Market Range feature allows traders to specify the amount of potential slippage they are willing to accept on a market order by defining a range. Zero indicates that no slippage is permitted. By selecting zero on the Market Range, the trader is requesting his order to be executed only at the selected or quoted price, not any other price. Traders may elect to accept a wider range of permissible slippage to raise the probability of having their order(s) executed. In this scenario the order will be filled at the best price available within the specified range. For instance, a client may indicate that he is willing to be filled within 2 pips of his requested order price. The system would then fill the client within the acceptable range (in this instance, 2 pips) if sufficient liquidity exists. If the order cannot be filled within the specified range, the order will not be filled. Please note, Market Range orders specify a negative range only. If a more preferential rate is available at the time of execution traders are not limited by the specified range for the amount of positive price improvement they can receive.
Additionally, when triggered, stop orders become a market order available for execution at the next available market price. Stop orders guarantee execution but do not guarantee a particular price. Therefore, stop orders may incur slippage depending on market conditions.
A delay in execution may occur for various reasons, such as technical issues with the trader’s internet connection to BrightWin; a delay in order confirmation from a liquidity provider; or by a lack of available liquidity for the currency pair that trader is attempting to trade. Due to inherent volatility in the markets, it is imperative that traders have a working and reliable internet connection. There are circumstances when the trader!/s personal internet connection may not be maintaining a constant connection with the BrightWin servers due to a lack of signal strength from a wireless or dialup connection. A disturbance in the connection path can sometimes interrupt the signal and disable the BrightWin Trading Platforms, causing delays in the transmission of data between the trading station and the BrightWin server.
There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BrightWin does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. BrightWin employs backup systems and contingency plans to minimize the possibility of system failure, and trading via telephone are available.
BrightWin shall not be liable for any damage or injury arising out of any person’s or entity’s access to, or inability to access, any website of the BrightWin. This limitation includes, but is not limited to, any damage to computer equipment and computer systems caused by virus, malware and any other harmful computer coding.
Consulting a website of the BrightWin does not constitute a customer relationship and BrightWin shall not have any duty or incur any liability or responsibility towards any person or entity as a result of such person or entity consulting a website of the BrightWin.