Risk Disclosure Notice
Before you begin trading with us, you must carefully consider whether trading in our products is appropriate for you in light of your financial circumstances and position.
You should keep in mind that margin trading is considered a high risk geared investment strategy and may not be suitable for many members of the public. You should not deal in the products we offer unless you understand the nature of the contract you are entering into and the extent of your exposure to risk from that contract.
Margin trading involves different levels of exposure to risk and in deciding whether to trade in such instruments, you should consider the following points:
Trading Forex and CFDs carries a high degree of risk.
The leverage involved in trading these products means that both gains and losses are magnified. In other words, a relatively small market movement can lead to a proportionately much larger movement in the value of your investment, and this can work against you as well as for you.
Derivative markets can be highly volatile.
The prices of the underlying securities, currencies, commodities, financial instruments or indices may fluctuate rapidly and over wide ranges and in reflection of unforeseen events or changes in conditions, none of which can be controlled by you.
It will also be influenced by unpredictable events including, among other things, changing supply and demand relationships, governmental, agricultural, commercial and trade programs and policies, national and international political and economic events and the prevailing psychological characteristics of the relevant marketplace.
Foreign markets will involve different risks to Australian markets.
The potential for profit or loss from Forex or CFD relating to a foreign market or denominated in a foreign currency will be affected by fluctuations in foreign exchange rates. It is possible to incur a loss if exchange rates change to your detriment, even if the price of the instrument to which the Forex or CFD relates remains unchanged.
You may sustain a total loss of the margin that you deposit with us to establish or maintain a position.
If the market moves against you, you may be called upon to pay substantial additional margin at short notice.
If you fail to do so within the required time, your position may be liquidated at a loss and you will be liable for any resulting deficit. You will be deemed to have received a notice requiring the payment of such funds, even if you are not at home or do not receive the messages we leave for you, if the notices are delivered to your nominated contact points.
No personal financial product advice/recommendation relating to Forex and CFDs will be provided.
The only advice we will give you will be as to how margin trading works.
Consequently, you should consider carefully before trading with us and the appropriateness of any general advice having regard to your personal objectives, financial situation and needs, and obtain financial and legal advice before you open an account and trade with us.
Level 6, 360 Collins Street
Risk Warning: Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing substantially more than your initial investment). A Product Disclosure Statement (PDS) and a Financial Services Guide (FSG) for our products are available to download from our Legal Documentation page. You must assess and consider them carefully before making any decision about using our products or services.
EightCap is a registered business name of EightCap Pty Ltd (ABN 73 139 495 944). We are regulated by the Australian Securities & Investments Commission (ASIC) - our AFSL number is 391441. This licence authorises us to provide financial services to people in Australia.
The information on this website is of a general nature only and is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Eightcap is not a financial adviser, and does not issue advice, recommendations, or opinion in relation to acquiring, holding or disposing of a margined transaction. We provide general advice only and accordingly you should consider how appropriate the advice (if any) is to your objectives, financial situation and needs before acting on the advice.