TRADING IS NOT SUITABLE FOR EVERYONE. IF YOU DON’T KNOW WTF YOU’RE DOING, TRADING FOREX CAN CAUSE YOU TO COMPLETELY LOSE ALL OF YOUR MONEY.
FOREIGN CURRENCY TRADING IS HIGHLY SPECULATIVE AND RISKY.
IT IS ONLY SUITABLE FOR THOSE PEOPLE WHO UNDERSTAND, AND ARE WILLING TO TAKE ON, THE FINANCIAL AND OTHER RISKS INVOLVED, AND WHO HAVE THE RESOURCES TO WITHSTAND LOSSES THAT MAY BE SIGNIFICANTLY GREATER THAT ANY DEPOSITS YOU HAVE MADE.
Financial instruments that are traded on leverage carry a high level of risk and you could lose more than your deposits.
Trading on a leveraged basis means a small market movement will have a proportionally larger impact on your position and could result in a total loss of your deposit(s).
The high leverage associated with trading foreign currency can result in significant losses due to price changes, especially during periods of volatility in the underlying market.
Please ensure you fully understand the risks and carefully consider your financial situation and trading experience before trading.
Trading forex on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before participating in the FX market, you should carefully consider your investment objectives, level of experience, and risk appetite.
You should trade in foreign currency contracts only if you understand the contracts (and contractual relationships) into which you are entering and the extent of your exposure to risk.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose!
The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher.
The leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds.
Leverage (or margin trading) may work against you resulting in substantial loss. And a feeling a sensation similar to getting sucker-punched in the stomach. And then in the face. And then in the throat.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
You should be aware of all the risks associated with foreign exchange trading.
Seek advice from an independent financial advisor if you have any doubts.
The content provided by 60pips.com is for educational purposes only.
No information presented constitutes a recommendation by 60pips.com to buy, sell, or hold any security, financial product or instrument or to engage in any specific investment strategy.
Forex, options, futures, spread betting, and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how derivatives like spread bets, rolling spot FX contracts, and CFDs work, and whether you can afford to take the high risk of losing your money.
Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does NOT constitute investment advice.
60pips.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.
You should not rely solely upon the information or opinions that you read on the website. Rather you should use what you read as a starting point for doing your own independent research, your own independent analysis, and refine your own trading methods before placing your money at risk.