Last Updated on : 01-Oct-2023
Risk Disclosure and Warning Notice
Contracts for Difference (hereinafter “CFDs”) are complex instruments that provide no capital protection, and no guaranteed return...
Scope of the Risk Disclosure
The Risk Disclosure and Warning Notice (hereinafter “Risk Disclosure document”) outlines on a fair and non-misleading basis the general nature of the risks involved when dealing with CFDs...
Clients should not commence trading in CFDs unless they understand the risks involved...
This disclosure is provided for informational purposes and should not be treated as marketing material or any form of client solicitation. The Risk Disclosure document should be read in conjunction with the Client Agreement and General Business Terms that are available on the website.
Main risks associated with transactions in CFDs Use of leverage
Leverage in CFD transactions allows clients to gain exposure to the underlying asset with a smaller upfront investment, known as margin...
Credit and Insolvency Risk
When trading CFDs, clients are effectively entering into an over-the-counter (hereinafter “OTC”) transaction; this implies that any position opened with the Company cannot be closed with any other entity...
Force Majeure Events
The Company is not responsible for financial losses arising from force majeure events. These events are extreme and unavoidable circumstances that are independent of the will and actions of the agreement participants...
Slippage
Slippage is a phenomenon when the requested price has slipped, i.e. the order was opened with a different price from the requested price. It refers to the difference between the expected price of a trade and the price at which the trade is executed...
Risks associated with the laws of individual governments
Clients assume responsibility for trading and non-trading operations performed within countries where they are restricted or prohibited by law.
Third-Party Risk
The Company may deposit client money with a third party. Although the Company shall exercise due skill, care, and diligence in the selection of such a party, it is understood that there are circumstances beyond the control of the Company...
Additional Disclosures
Margin Requirements Clients must maintain the minimum margin requirement on their open positions at all times...
Rights to Underlying Assets
CFDs do not provide any rights to the underlying instruments.
Taxation
The clients should seek independent tax advice, if necessary, to establish whether they are subject to any tax, including stamp duty.
Impersonation Risk
There might be cases of fraudulent impersonation of the Company’s officers and representatives...
In case of any queries in regard to the content of this document and the features of our products, you may contact our customer support at [email protected]
Before deciding to trade, you should carefully consider your financial situation, objectives and needs, and seek independent financial, legal, tax, and/or other professional advice.
In case of questions about any of the risks arising out of trading, you should consult with your own legal, tax, and other financial advisers prior to entering into any particular transaction with the Company.