Legal documents

Trading Forex and CFDs (Contracts for Difference) involves significant risk to your invested capital. These products are leveraged and may not be suitable for all investors. Before deciding to trade, please carefully consider your investment objectives, level of experience, and risk appetite.

1. Leverage and margin

Leverage allows you to control a larger position size with a smaller amount of capital. While leverage can magnify potential profits, it also magnifies potential losses. Losses can exceed your initial deposit.

2. Market volatility

Financial markets can move rapidly and unpredictably in response to economic, political and other events. Prices may gap and orders may be executed at prices significantly different from those requested.

3. Liquidity risk

Certain instruments may have limited liquidity, particularly outside of standard trading hours. This may result in wider spreads or inability to execute trades at desired prices.

4. Technology risk

Online trading carries inherent risk due to system failures, connectivity issues, and delays. MagnoFX is not responsible for any losses incurred due to such events.

5. Past performance

Past performance is not indicative of future results. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed.

By opening an account with MagnoFX, you acknowledge that you have read, understood and accept the risks outlined above.