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Beware of Disguise Anco Resources (Hong Kong) Limited in Physical Gold Transaction.

Owing to our Company has recently discovered that there are some unidentified entities in the market engaged in the transaction of physical gold by using the name of our Company - Anco Resources (Hong Kong) Limited. Our Company hereby reminds our Customers that our Company has never assigned any third party (individual or corporate) on behalf of our company to carry out any physical gold transactions. If you have any queries about any gold transaction status, please contact us at +852-2865-4008 or by email: pmt@ancoresources.com for verification.

 


RISK DISCLOSURE STATEMENTS

Risk Disclosure Statements for Bullion Trading

The Customer and/or the Member is fully aware of the risks in becoming a Customer for buying/selling Physical Precious Metals, and/or a Member for participating in any plans, and related service is solely upon reliance of your own independent knowledge and judgment at your own risk. The Customer and/or the Member has perused, understood, agreed and accepted all related Terms and Conditions for becoming a Customer and/or a Member under Anco or Anco Gold Club of the Company, and acknowledge that the risks of a potential and substantial loss in the market value by trading any Physical Precious Metals and/or the plans are belonging to the Customer and/or the Member and not to the Company. If the Customer and/or the Member has any doubts as to becoming, a Customer for buying/selling any Physical Precious Metals as an investment, and/or a Member for participating in any plans, the Customer and/or the Member should contact an independent legal or financial advisor; you should carefully consider whether trading of Physical Precious Metals and/or participating in any plans is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances.

  1. Risk of Participating Any Bullion Investment
    The Customer and/or the Member should consider carefully the suitability of becoming a Customer for trading of Physical Precious Metals, and/or a Member for participating in any plans, as an investment choice before making any decisions that may affect their financial situation. Becoming a Customer for trading of Physical Precious Metals and/or, Member for participating in any plans, and accounts are not insured by the Deposit Protection Scheme in Hong Kong or other similar program and may lose value;

  2. Risk of Loss
    The Customer and/or the Member should be fully aware that the purchase and sale of Physical Precious Metals involves a high degree of risk and is not suitable for all people.  The purchase and sale of Physical Precious Metals provides no guarantee of interest, yield or return.  Losses may occur both as a result of price devaluation and if price gains do not exceed applicable fees, including all related charges herein;

  3. Risk of Currency Exchange
    The Customer and/or the Member should be fully aware that the profit or loss in transactions in foreign currencydenominated assets (whether they are traded in your own or another jurisdiction) will be affected by fluctuations in currency rates where there is a need to convert from the currency denomination of the assets to another currency;

  4. Risk of Transaction Facilities
    The Customer and/or the Member should be fully aware that the provision of Electronic Services depend upon computer and communication systems which may have malfunctions and may not be completely reliable or secured;

  5. Risk of Online Facilities
    The Customer and/or the Member should be fully aware that the combinations of password and/or user identification code do not result in any forms of security or encryption other than as an initial verification of identity at the first login time to the Customer's Online Account. The Customer and/or the Member accepts all risks of interception, corruption or loss in transit of any instructions you send by Electronic Means and the Company is entitled to rely upon such instructions for execution and providing services as they are in fact received by us; and the Company shall not be responsible for the content of any third parties website to which you are connected using a hypertext link contained within the Customer Online Account or any of the Websites;

  6. Modification of Terms and Conditions
    The Customer and/or the Member should be fully and continuously aware that the Company reserves the right to amend these Terms and Conditions at any time and the Customer should fully aware and accept.

  7. Additional Risks
    Deposited cash and property You should familiarize yourself with the protections given to money or other property you deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy.

    Fees and other charges – Before you begin to trade and/or participate in any plans, you should obtain a clear explanation of all fees and other charges for which you may be liable. These fees and other charges may affect your final net profit (if any) or increase your loss. Transactions in other jurisdictions Transactions on markets in other jurisdictions, including markets formally linked to a domestic market, may expose you to additional risk.

This statement may be translated into any languages other than English. However, if there is any inconsistency with the English version, the English version shall prevail.

 

Updated on 08th August, 2017

 

 

 

 

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