Risk Disclosure

Contracts for Difference (CFDs) and rolling spot foreign exchange contracts are complex, leveraged products. When you trade with us you are not buying or selling the underlying asset — you are entering into a contract that pays out based on the price movement of that asset.

Leverage amplifies both gains and losses. A small adverse price move can result in losses larger than your initial margin.

Although we provide negative balance protection on most accounts — meaning your account balance cannot go below zero — losses on individual trades can still equal your full deposit.

You should never trade with money you cannot afford to lose.

Prices can move quickly, particularly during news events, low-liquidity hours and gap openings. Stop-loss orders may be filled at prices substantially worse than the level you set ('slippage') and are not guaranteed unless explicitly labelled as such.

Leverage of up to 1:1000 (where available) enables you to control a position much larger than your account balance. This means a price move of just 0.1% can wipe out 100% of the margin used for that trade.

Use position sizing, stop-losses and risk-per-trade limits that match your account size and risk tolerance.

Our products are over-the-counter contracts between you and an XCMarkets entity. There is no central exchange or clearinghouse. We mitigate counterparty risk by holding client funds in segregated bank accounts at tier-1 banks, but residual risk cannot be entirely eliminated.

Technology failures, connectivity outages or platform issues may prevent you from executing or closing positions. We maintain redundant infrastructure, but you should have a backup plan such as the phone dealing desk for emergencies.

Holding positions overnight incurs a swap (financing) charge or credit. Holding positions over weekends and public holidays exposes you to gap risk — price movements that occur while the market is closed and that may execute your stops at a much worse price than expected.

Leveraged trading is not suitable for everyone. You should consider your investment objectives, level of experience, risk appetite and financial situation before opening an account.

If you have any doubt about whether these products are appropriate for you, seek independent financial advice.

Past performance is not a reliable indicator of future results. Backtested or simulated performance figures, including those of copy-trading providers, are estimates and may not be achieved in live markets.

By opening an account with XCMarkets you acknowledge that you have read, understood and accepted this Risk Disclosure and that you are willing to assume the risks involved in trading the products we offer.