Risk Disclosure

Last updated: January 2025

IMPORTANT: Trading in CFDs, forex, and other financial instruments carries a high level of risk and may not be suitable for all investors. Please read this risk disclosure carefully before opening an account.

1. Risk of Loss

Trading in Contracts for Difference (CFDs), forex, and other leveraged products involves substantial risk of loss and is not appropriate for all investors. You could lose more than your initial investment. Before trading, you should carefully consider your investment objectives, level of experience, and risk appetite.

2. Leverage Risk

Leverage allows you to control large positions with a relatively small amount of capital. While leverage can magnify profits, it can also magnify losses. A small market movement can result in a proportionally larger movement in the value of your position. You may be required to deposit additional funds at short notice to maintain your positions.

3. Market Volatility

Financial markets can be highly volatile. Prices can fluctuate rapidly due to economic events, political developments, natural disasters, or other factors beyond your control. Extreme market conditions may result in prices gapping or moving in ways that may adversely affect your positions.

4. No Guarantee of Profit

There is no guarantee that you will make profits or avoid losses. Past performance is not indicative of future results. Any trading strategies, signals, or recommendations do not guarantee future performance. You should not invest money that you cannot afford to lose.

5. Technical Risks

Technical failures may affect your trading activities:

  • Internet connectivity issues may prevent order execution
  • Platform malfunctions may result in delayed or failed orders
  • Market data feeds may be delayed or inaccurate
  • System outages may occur during critical market events

6. Counterparty Risk

When you trade CFDs, you are trading with us as the counterparty. Your positions are not traded on an exchange. This means you are exposed to our credit risk. We maintain segregated client funds and implement risk management procedures to mitigate this risk.

7. Regulatory Risk

Changes in laws, regulations, or policies in any jurisdiction may affect your ability to trade or the terms of your trading. We may be required to modify our services or terminate accounts in response to regulatory changes.

8. Overnight Risk

Holding positions overnight exposes you to additional risks, including gap risk when markets reopen. Significant price movements can occur outside of regular trading hours due to news events or developments in other markets.

9. Negative Balance Protection

We provide negative balance protection for retail clients, meaning your account balance cannot go below zero. However, this protection is subject to terms and conditions and may not cover all circumstances.

10. Seek Professional Advice

If you are unsure about the risks involved in trading, you should seek independent professional advice before opening an account. You should ensure that you fully understand all the risks involved and that trading is appropriate for your financial situation.

Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A significant percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.