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    Risk Disclosure

    The Company · Licence No. 671439240

    This notice explains the principal risks of trading leveraged products with The Company. Please read it before opening an account or placing an order.

    1. Trading carries a high risk of loss

    Trading leveraged derivative products carries a high level of risk and can result in the loss of all funds deposited. These products are not suitable for every investor. You should not trade with money you cannot afford to lose, and you should not rely on trading income to meet living costs or existing obligations.

    2. The effect of leverage

    Leverage allows a position to be opened with a margin deposit that is a fraction of its full value. A small adverse movement in price produces a proportionately larger loss relative to the margin deposited. Losses can accumulate quickly and may exceed the amount initially placed at risk on a position.

    3. Market conditions

    Prices are influenced by factors outside the control of The Company, including economic data, monetary policy, political events and shifts in market liquidity. Markets may gap, meaning the next available price is materially away from the previous one. In such conditions stop orders may be filled at a price worse than the level specified.

    4. No guaranteed outcome

    Past performance is not a reliable indicator of future results. No representation is made that any account will achieve profits or losses similar to those discussed in any material published by The Company. Any figures shown for illustration are not a promise of performance.

    5. Technology and access

    Online trading depends on hardware, software and internet connectivity. Interruption, delay or failure in any of these may prevent an order being submitted, modified or cancelled. The Company does not accept liability for loss arising from circumstances beyond its reasonable control, including the failure of third-party systems or connections.

    6. Automated and copy trading

    Where a client elects to copy the trades of another account or use automated strategies, orders are placed without individual review. Losses generated by the strategy are borne by the client account in the same way as any other order. Selecting a strategy is the responsibility of the client and does not constitute advice from The Company.

    7. Seek independent advice

    If you are in any doubt about the risks involved, or about whether these products are appropriate for your circumstances, you should seek independent financial advice before opening an account or placing an order.

    The Company
    Licence No. 671439240
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