Risk Disclosure
Important Warning
HIGH RISK INVESTMENT WARNING
Trading FX and CFDs involves a high level of risk and may not be suitable for all investors. You can lose some or all of your capital. You should only trade with money you can afford to lose.
Key Points
- Trading FX and CFDs involves high risk and may not be suitable for all investors
- You can lose some or all of your capital
- Leverage can work against you as well as for you
- You should only trade with money you can afford to lose
- Past performance is not a reliable indicator of future results
General risk warning
Trading FX and CFDs involves a high level of risk and may not be suitable for all investors. You can lose some or all of your capital. You should only trade with money you can afford to lose.
Leverage can work against you as well as for you. A small market movement can have a disproportionately large impact on your account balance.
No investment advice
Milton Markets does not provide investment, tax, or legal advice. Any information on our website, platform, emails, or communications is general in nature and is not tailored to your personal circumstances. You are responsible for your own trading decisions.
Product-specific risks
Leverage and margin
Trading on margin means you only deposit a fraction of the full position value.
If the market moves against you, you may be required to deposit additional funds (margin call) or your positions may be closed to prevent further losses (stop-out).
In fast-moving markets, positions may be closed at prices different from your intended level.
Volatility and liquidity
FX and CFD markets can be volatile. Prices can move rapidly due to news, economic events, market sentiment, and geopolitical developments. Liquidity can vary, especially during:
- market opens/closes
- rollovers
- holidays
- high-impact news releases
Execution, slippage, and gapping
Your order may be executed at a different price than requested due to:
- market gaps (price jumps)
- slippage in volatile conditions
- limited liquidity
- order type and size
Counterparty and operational risk
Trading relies on technology, connectivity, and third-party systems. Outages, latency, or failures can affect your ability to place, modify, or close trades.
Costs and charges
Your trading results are affected by costs such as:
- spreads
- commissions (if applicable)
- swaps/financing charges
- conversion rates and fees where applicable
Past performance and hypothetical results
Past performance is not a reliable indicator of future results. Hypothetical or simulated performance results have inherent limitations and may not reflect actual trading conditions.
Complex products and suitability
FX and CFDs are complex products. You should assess whether you understand:
- how leverage works
- margin requirements
- liquidation/stop-out mechanics
- the impact of costs and volatility
Risk management
Risk management tools (such as stop-loss orders) may help limit losses but cannot eliminate risk. You should consider:
- position sizing
- diversification
- leverage selection
- use of stop-loss and take-profit orders
- avoiding overtrading
Regulatory and jurisdictional notes
The availability of products and protections may vary by jurisdiction. Your account documentation and applicable terms will define:
- the contracting entity
- governing law
- dispute resolution
- client classification (retail/professional, where applicable)
- investor protection mechanisms (if any)
Contact
If you have questions about this Risk Disclosure, contact: support [at] miltonmarkets [dot] com