Forex and CFDs are high risk products that are not suitable for everyone. These products involve trading on leverage, therefore you may only be required to place a small fraction of the true value of the trade that you are making. This means that you could lose sums far greater than your initial deposit.
Leveraged products such as Forex and CFDs can be volatile, if the price of a market moves against you, your broker may require additional funds to cover the losses on your position. If you do not provide the funds in sufficient time then your position may be closed or liquidated on your behalf and any profit or loss realised. Brokers have a variety of different policies regarding margin calls and liquidation, it is recommended you familiarise yourself prior to registering and trading with any Broker.
If you are unfamiliar with leveraged products or are unsure of the risks involved, then it is recommended that you seek advice from a suitably qualified advisor. It is also recommended that undertake suitable research into each Broker’s products, services and policies, as these can be complex and frequently differ greatly between Brokers.
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