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Suitability and Risk Warning

Trading FX and CFDs on margin carries a high level of risk and is not suitable for many members of the public.
FX and CFDs are usually traded with a high degree of leverage which means you only provide a fraction of the actual amount you are investing whilst sustaining profit/losses as if you had invested the whole amount yourself. This can work for you as well as against you. The possibility does exist that you could sustain a loss equalling to some or even all of your initial investment. It is also possible to lose more than you invested into your trading account.
Risk Warning
This notice is provided to you in compliance with requirements laid down by the Financial Services Authority ('FSA') because of the high risk nature of the products we offer. We cannot disclose all of the risks to you and you should ensure that forex, contracts for difference and other derivative products are suitable for your investment needs.

It is possible that you can lose all of the money you deposit, and in some circumstances you may even be required to deposit additional sums to cover your losses. By undertaking these types of high risk trades you acknowledge that you are trading with your available risk capital and any losses you may incur will not adversely affect your lifestyle.
The high degree of 'gearing' or 'leverage' is a particular feature of this type of transaction. This means that a relatively small movement in the price of your investment may have a significant negative effect on your capital and lead to large losses. You should familiarize yourself with the concept of margin trading and ensure you do not over expose yourself.
You may be required to deposit substantial additional margin, at short notice, to hold your positions. If you fail to provide funds to hold your positions they may be closed without further reference to you.
Prior to placing any trades you should ensure you are aware of all costs that will be incurred by you
You will be provided with access to an internet trading platform and there are risks associated with utilising such an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since we do not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet.

FOREX Risk Disclosure

Please read this carefully. If you don't understand any of the information provided in this disclosure or if you have any questions, please
contact me. The National Futures Association (NFA) and CFTC (Commodity Futures Trading Commission), the regulatory agencies for the
FOREX and futures market in the United States, require that customers be informed about potential risks in the FOREX market (see the
information below).

Risks Associated with FOREX and Trading

Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before
deciding to participate in the FOREX market, you should carefully consider your investment objectives, level of experience and risk
appetite. Most importantly, do not invest money you cannot afford to lose.

There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including,
but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a

Moreover, the leveraged nature of FOREX trading means that any market movement will have an equally proportional effect on your
deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin
funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed,
your position will be liquidated and you will be responsible for any resulting losses. Investors may lower their exposure to risk by
employing risk-reducing strategies such as 'stop-loss' or 'limit' orders.

There are also risks associated with utilizing an internet-based deal execution software application including, but not limited, to the failure
of hardware and software.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can
work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment
objectives, level of experience, and risk appetite. 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. You should be aware of all the risks associated
with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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