01Leverage
Leveraged products allow exposure that is substantially larger than the capital committed. Losses can exceed deposits with some products and in some jurisdictions, and can accumulate faster than positions can be closed.
A small adverse move in the underlying market can result in the loss of the entire amount deposited.
02Market risk
Prices are volatile and are influenced by factors outside the control of any participant, including economic data, monetary policy, geopolitical events and changes in market liquidity.
Markets can gap. A stop order is an instruction to trade at the next available price once a level is reached, not a guarantee of that level.
03Liquidity and execution
Liquidity varies by instrument and by session. In thin conditions spreads widen, orders may fill at prices materially different from those displayed, and some orders may not fill at all.
Execution depends on the venues and providers your broker has connected, and on network and system conditions at the time.
04Technology risk
Any technology can fail, degrade or be unavailable. Connectivity, data feeds, third-party services and your own device or network can all interrupt access to a market at the moment you most want it.
You should understand what happens to your open positions if you lose access, and should not rely on a single channel to manage risk.
05Analysis, intelligence and automation
Analytical outputs, condition assessments and correlation readings describe observed or historical behaviour. They are not forecasts, and a relationship that held previously may not hold in future.
Automation operates within the limits it has been given. Correctly enforced limits reduce the chance of an unintended position; they do not reduce the market risk of an intended one.
Any figures shown on this site — prices, exposures, correlations, profit and loss — are illustrative examples chosen to explain a concept. They are not market data, not results, not a track record, and not indicative of any outcome.
06Suitability
Leveraged trading is not suitable for everyone. You should consider your objectives, your experience and your capacity to bear losses, and seek independent advice if anything is unclear.
Past performance is not a reliable indicator of future results.
This document is a plain-language draft prepared alongside the website. It has not been reviewed by counsel and should be reviewed before launch.