Last updated: 24 October 2026
Warning
Trading contracts for difference (CFDs) carries a high level of risk and can result in the loss of capital.
CFDs are complex financial instruments. Please read and understand the following before engaging with any activity involving them.
- Leverage. CFDs are traded on margin. A small market movement can lead to a large loss as well as a large gain, and losses can exceed the amount initially committed.
- Volatility and gaps. Prices can move quickly and can gap. Orders may be executed at prices worse than expected, or may not be executed at all.
- Counterparty and operational risk. You depend on the counterparty and on the platforms, data and systems used to trade. Failures or interruptions can cause loss.
- Liquidity. In some markets you may be unable to close a position when you want to, or only at an unfavourable price.
- No guarantee. Past performance is not a guide to future performance. Research and advisory views are opinions, not predictions or guarantees.
- Independent traders. Trading carried out through independently contracted traders depends on their judgement and conduct, and results may differ from those of any other trader or period.
- Not regulated. The Company is not a regulated entity. Regulatory protections, such as client money rules or compensation schemes, do not apply.
Only commit capital that you can afford to lose. If you are in any doubt, take independent professional advice.
See also our Disclaimer.