Risk warning

Trading foreign exchange and contracts for difference on margin carries a high level of risk and may not be suitable for all investors.

Leverage magnifies both gains and losses. A small market movement can result in a large loss relative to your deposit, and in jurisdictions without negative balance protection you can lose more than you deposit. Regulators across Europe, the UK and Australia require brokers to publish the percentage of retail accounts that lose money, and these figures are consistently well above half.

Before trading, consider your objectives, experience and risk appetite. Don't trade with money you can't afford to lose. Seek independent advice if you are unsure.

Information on this site

ForexLicenses.com provides general information about broker licensing and regulation. It is not investment, legal or tax advice. Licence information is compiled from public sources and can change without notice; always confirm with the regulator's official register before making decisions.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.