Risk disclosure

Before you trade

Trading shares, digital assets, currencies and other instruments can result in partial or total loss. Automated analysis may help organise information but cannot know future prices. Read each risk, consider your resources and use only money whose loss would not affect essential commitments.

Trading shares, digital assets, currencies and other instruments can result in partial or total loss. Automated analysis may help organise information but cannot know future prices. Read each risk, consider your resources and use only money whose loss would not affect essential commitments. This point should be read together with the current account information and any provider terms displayed before an instruction is confirmed. Keep a copy of material notices and ask support when a fact is unclear.

Market risk

Prices can move sharply following economic data, company news, policy decisions or changes in sentiment. A position may fall before an instruction can be changed, and past patterns may fail. Set exposure limits in advance and review open positions rather than assuming a previous range will return.

Prices can move sharply following economic data, company news, policy decisions or changes in sentiment. A position may fall before an instruction can be changed, and past patterns may fail. Set exposure limits in advance and review open positions rather than assuming a previous range will return. This point should be read together with the current account information and any provider terms displayed before an instruction is confirmed. Keep a copy of material notices and ask support when a fact is unclear.

Liquidity and slippage

A quoted price is not always the price at which an order executes. Thin markets, large orders or fast movement can widen spreads and produce slippage, partial fills or no fill. Consider order type, market depth and size, especially outside normal trading hours.

A quoted price is not always the price at which an order executes. Thin markets, large orders or fast movement can widen spreads and produce slippage, partial fills or no fill. Consider order type, market depth and size, especially outside normal trading hours. This point should be read together with the current account information and any provider terms displayed before an instruction is confirmed. Keep a copy of material notices and ask support when a fact is unclear.

Connections and API permissions

Connections to external venues can fail because credentials expire, permissions are incorrect or a provider changes an interface. A key with unnecessary withdrawal permission increases harm if compromised. Use the narrowest permissions, store credentials securely and revoke unused connections.

Connections to external venues can fail because credentials expire, permissions are incorrect or a provider changes an interface. A key with unnecessary withdrawal permission increases harm if compromised. Use the narrowest permissions, store credentials securely and revoke unused connections. This point should be read together with the current account information and any provider terms displayed before an instruction is confirmed. Keep a copy of material notices and ask support when a fact is unclear.

Counterparties and custody

Funds or assets held by a bank, broker, exchange, wallet provider or payment processor depend on that organisation’s solvency, controls and legal arrangements. Access can be restricted during an investigation or outage. Understand who holds each asset and what protection, if any, applies.

Funds or assets held by a bank, broker, exchange, wallet provider or payment processor depend on that organisation’s solvency, controls and legal arrangements. Access can be restricted during an investigation or outage. Understand who holds each asset and what protection, if any, applies. This point should be read together with the current account information and any provider terms displayed before an instruction is confirmed. Keep a copy of material notices and ask support when a fact is unclear.

Operational failure

Software bugs, device failure, internet loss, data errors and infrastructure incidents can delay information or instructions. Monitoring can also produce false positives or miss a material event. Keep independent access details, verify important instructions and avoid relying on one notification channel.

Software bugs, device failure, internet loss, data errors and infrastructure incidents can delay information or instructions. Monitoring can also produce false positives or miss a material event. Keep independent access details, verify important instructions and avoid relying on one notification channel. This point should be read together with the current account information and any provider terms displayed before an instruction is confirmed. Keep a copy of material notices and ask support when a fact is unclear.

Cybercrime and phishing

Attackers may imitate the brand, send urgent payment requests or capture credentials through a false sign-in page. Confirm the domain, enable multi-factor authentication and never disclose a password or one-time code. Report suspicious contact before transferring money.

Attackers may imitate the brand, send urgent payment requests or capture credentials through a false sign-in page. Confirm the domain, enable multi-factor authentication and never disclose a password or one-time code. Report suspicious contact before transferring money. This point should be read together with the current account information and any provider terms displayed before an instruction is confirmed. Keep a copy of material notices and ask support when a fact is unclear.

Models and automation

A model is built from assumptions and historic observations that may stop applying. Automated rules can repeat an unsuitable action quickly if limits are wrong. Test settings, use modest exposure, check outputs and pause automation whenever behaviour is unclear.

A model is built from assumptions and historic observations that may stop applying. Automated rules can repeat an unsuitable action quickly if limits are wrong. Test settings, use modest exposure, check outputs and pause automation whenever behaviour is unclear. This point should be read together with the current account information and any provider terms displayed before an instruction is confirmed. Keep a copy of material notices and ask support when a fact is unclear.

Service availability

Maintenance, supplier outages, extreme demand and security controls can make features unavailable. A displayed status may lag the underlying venue. Plan how you would manage positions without the interface and do not wait until a volatile event to test recovery access.

Maintenance, supplier outages, extreme demand and security controls can make features unavailable. A displayed status may lag the underlying venue. Plan how you would manage positions without the interface and do not wait until a volatile event to test recovery access. This point should be read together with the current account information and any provider terms displayed before an instruction is confirmed. Keep a copy of material notices and ask support when a fact is unclear.

Before you begin

Define a maximum acceptable loss, understand the strategy, protect the account and review fees and withdrawal conditions. Diversification cannot guarantee protection, and a stop instruction may execute away from its trigger. Seek independent professional advice when the decision could materially affect your finances.

Define a maximum acceptable loss, understand the strategy, protect the account and review fees and withdrawal conditions. Diversification cannot guarantee protection, and a stop instruction may execute away from its trigger. Seek independent professional advice when the decision could materially affect your finances. This point should be read together with the current account information and any provider terms displayed before an instruction is confirmed. Keep a copy of material notices and ask support when a fact is unclear.