This website includes information about the services and products provided by Merakifx. The material presented on it is for information purposes only and the information herein does not constitute a solicitation for the purpose of selling or buying any commodity, shares or investment, and it should not be the basis for any investment decision. Merakifx does not guarantee the accuracy or completeness of any information or analysis provided, and is not liable to any customer or any third party for the accuracy of the information or any prices provided through this service to the customer, nor is it responsible for inaccuracies, delays or errors or interruptions in this service, and therefore we are not responsible for any direct or indirect damages resulting from inaccuracies, delays, errors, interruptions, or non-continuity of the service. Merakifx assumes no responsibility for the contents of other websites whether or not they are linked to this website, or for any consequences arising from your act upon the content of another website.
Trading in foreign currencies and investing in derivatives (Contracts for Difference) has unexpected results, and can lead to loss as well as profit. Trading in foreign exchange and derivatives is not suitable for many people, and is only suitable for owners of risk capital. This site does not take into account the specific investment objectives or financial situation or any specific requirements of the individuals who use it, you should take into account your financial situation and refer to financial advisors regarding the appropriateness of your financial situation before making any investment or entering into any commercial operations.
Contracts for Difference or what is known as CFDs is an agreement between the client and Merakifx (the company) in which the two parties at the end of the contract settle the difference between the opening price of a position, whether it is a stock position, indices or commodities, and the closing price. The amount of any profit or loss resulting from CFD contracts will be equal to the difference between the index price at the opening of the CFD contract and the index price at the closing of this contract multiplied by the number of index or commodity contracts.
Long-term contracts for difference means buying contracts for differences in the financial market after depositing the required margin amount with the aim of selling them at a higher price. In this case, the customer is defined as the party that purchased the indices or commodities (the buying party), and the company is defined as the selling party.
When the client is the buying party, he often reaps profits when the price of the index or commodity in question rises as long as his position remains open, and on the contrary, the client bears a loss if the price of the index or commodity in question goes down as long as his position remains open. The client may lose the full value of the relevant contract upon making the purchase, multiplied by the number of index CFDs, so the client’s potential losses may exceed the total value of the initial deposit margin (and any additional deposits) made by the client with the company. The Company may be compelled to close client positions at the worst possible time.
Short-term CFDs mean that the client sells CFDs in the financial market after depositing the required margin amount with the aim of repurchasing them at lower prices. In this case, the customer is known as the party that sold the shares or indices (the selling party), and the company is defined as the buying party. When the client is the selling party, he often reaps profits when the price of the index or commodity in question falls as long as his position remains open. On the contrary, the client bears the loss if the price of the index or commodity in question rises as long as his position remains open. Theoretically, there is no limit to how high the value of the contract in question can be in the financial market and therefore the potential client losses are similarly unlimited.
As a result of the current financial market conditions, the client may not be able to sell the CFD even if this type of contract is provided by the company, and the company may be forced to compel the client to close his positions in the market even if the client has actually sold the CFD in the market.
Merakifx reserves the right to raise spreads or margin requirements and take the necessary steps to impose measures or restrictions – at its discretion – as it deems appropriate at any time.
Merakifx’s website can be accessed from all over the world but the described securities or financial instruments may not be legally permitted for all investors around the world, and access to such websites may be subject to legal restrictions. This site is not intended for distribution or use by any person or entity in any country where such distribution or use would be contrary to local law or regulations. The content of the site is based on information taken from reliable sources, but the accuracy of this information cannot be guaranteed or considered as a complete statement or summary of the financial markets and their developments mentioned in the content. This information should not be considered by the beneficiaries of it as a substitute for the exercise of their own judgment. Opinions expressed in this content are subject to change without notice, and Merakifx has no obligation to update or maintain current information contained herein. The operations of the spot currency market, options, derivatives products and futures contracts are not suitable for all investors, and trading in these financial instruments is considered risky.
The Merakifx website is translated into several languages to suit the customer. In the event of any conflict between the original website content in English and the translation of the website in other languages or any means we continue to be translated by Merakifx, the reference is to the English text in case of conflict.
There are no guarantees
The information and materials on this website, including text, graphics, links and other elements, are provided “as is” and “as available”. Merakifx Limited does not warrant the accuracy, adequacy or completeness of this information and materials, and expressly disclaims liability for errors or omissions in such information or materials. No warranty of any kind, whether implied, express or statutory, implied and not limited to warranties of non-infringement of third party rights, titles, powers of promotion, consent with a particular purpose and disposal of computer viruses are given in conjunction with the information and materials. No part of this content may be reproduced or distributed in any way without written permission from the service provider via the Internet or in any other way. Merakifx assumes no liability whatsoever for the actions of third parties in this respect.
Limitation of Liability
Merakifx is not liable in any way for any damages, losses or expenses including but not limited to direct, indirect, special or incidental damages relating to this website or any website linked to it, or from the use or inability to use it by any party in connection with a failure of performance, errors, omissions, interruptions, defects, any delay in operation or data transmission, computer virus, Internet line or system failure, even if Merakifx or its representatives became aware of the possibility of such damages, losses or expenses. In confirmation of this, opening this website does not make its user a customer of Merakifx and Merakifx does not have any duties or responsibilities towards such users as a result.
The extent of the client’s knowledge and experience in financial instruments and investments, in addition to other information about the client, is known to assess whether any investment advice provided is appropriate. The suitability of the client’s proposed business operations in a range of investment products is also evaluated.
Therefore, these suitability tests help us understand the financial situation and the needs of our customers in order to provide the appropriate services and/or products for them.
Certain sections or pages of this website may contain separate terms and conditions, which are in addition to these terms and conditions. In the event of any conflict, the additional terms and conditions will be the deciding factor in these sections or pages.
The use of this website is subject to all applicable laws in the Republic of Turkey.