Trading financial instruments involves significant risk. You may lose the capital you invest.
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The risks that come with trading leveraged and volatile instruments, stated plainly before you start.
Risk warning: Trading financial instruments involves significant risk and may not be suitable for everyone. The value of investments can go down as well as up, and you may lose the capital you invest. Past performance is not a reliable indicator of future results. Consider your financial situation and risk tolerance before trading.
Read this before you open an account or place your first order, and come back to it whenever your circumstances change.
Instruments traded with leverage amplify the effect of a market movement in both directions. The same movement that increases a gain reduces an unfavourable position by the same amplified amount.
Because of this, a position can move against you quickly, and the capital you committed to it can shrink faster than it would in an unleveraged trade.
Prices can move sharply around scheduled events, holidays and periods of thin trading.
When a price gaps, a level you chose may not be available, so an order or a protective level can be applied at a worse price than the one you saw, or not at all.
Trading involves significant risk, and it is possible to lose all the capital you invest, and more of it than you first committed to a position.
Only trade with money whose loss you can absorb without it affecting your everyday obligations.
Results already achieved, whether by you or by anyone else, are not a reliable indicator of what will happen next.
A strategy that worked in one period can lose in another when market conditions change.
A demo account runs on virtual funds, so its results carry no financial consequences.
Demo conditions do not reproduce every part of live trading, and strong demo results do not predict real results.
Following another trader, or taking part in a pooled money-management programme, carries the same market risk as trading your own account, because the same price movements apply.
You also depend on decisions you do not make yourself, and those decisions can lose money as well as make it.
Consider your financial situation, your experience and how much risk you are comfortable with before trading.
If you are unsure whether trading is right for you, take more time on a demo account and consider independent professional advice before committing real capital.
Ask a question firstPractice with virtual funds first, or open a real account when you are ready.
