General Advice Warning LTT will only provide you with general advice, not personal advice. That means, we will not take into account your personal objectives, financial situation or needs, even if they are known. Accordingly, the advice may not be appropriate for you. We may provide general advice regarding trade size, the level of margin needed and risk management techniques appropriate for our trading strategies. Financial products are complex and all entail risk of loss. Over-the-counter derivative and foreign exchange products are considered speculative because they are highly leveraged and carry risk of loss beyond your initial investment, hence should only be traded with capital you can afford to lose. Please ensure you obtain professional advice to ensure trading or investing in any financial products is suitable for your circumstances, and ensure you obtain, read and understand any applicable offer document Learn to Trade Pty Ltd (ABN 98 138 178 542 AFSL 339557)
Risks of trading Margin FX and CFDs LTT’s training can help you manage but not avoid the risks of trading margin Foreign eXchange and Contracts For Differences. Your broker’s Product Disclosure Statement details these risks including:
- Many untrained novice traders lose much of their capital
- High leverage up to 100:1 greatly magnifies both risks and returns
- Adverse market moves can lose you all your equity and more, or at least cause your broker to call for more equity margin
- Stop losses are recommended to manage risk but may trigger “at market” orders which may be filled past the intended order level
- Markets can be volatile, jumpy, and even “gap” on surprise news/events
- Some markets can be especially illiquid and volatile if thinly traded such as cryptocurrencies
- You could become an unsecured creditor if your broker goes bust and inadequately protects its client trust accounts
Learn to Trade Pty Ltd (ACN:138178542, AFSL:339557) provides general information and educational courses and materials only. This is not an offer to buy/sell financial products. We do not provide personal advice nor do we consider the needs, objectives or circumstances of any individual. Financial products are complex and all entail risk of loss. Over-the-counter derivative and foreign exchange products are considered speculative because they are highly leveraged and carry risk of loss beyond your initial investment, hence should only be traded with capital you can afford to lose. Please ensure you obtain professional advice to ensure trading or investing in any financial products is suitable for your circumstances, and ensure you obtain, read and understand any applicable offer document.
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