Disclosures and Risk Warning
Pillar 3 Disclosures
Pillar 3 Disclosures are required by the European Union’s Capital Requirements Directive and the Financial Conduct Authority in the UK. The disclosures provide market participants key information on the firm’s capital, risk assessment and controls.
Please note that FOREX.com is the trading name for Gain Capital UK Ltd and so this pillar 3 document has been prepared under the registered company name.
Please see Gain Capital UK Ltd. Financial Statements for further details and country-by-country reporting.
Risk Warning Notice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFD and Forex Trading are leveraged products and your capital is at risk. They may not be suitable for everyone. Please ensure you fully understand the risks involved.
Our Risk Warning Notice can be found in the Terms and Policies document. It summarises the key risks involved in trading on an underlying product. It also explains leverage, the nature of margined trading, and volatility.
Margin and leverage
To open a leveraged CFD or forex trade you will need to deposit money with us as margin. Margin is typically a relatively small proportion of the overall contract value. For example a contract trading on leverage of 30:1 will require margin of just 3.33% of the contract value. This means that a small price movement in the underlying will result in large movement in the value of your trade – this can work in your favour, or result in substantial losses.
Your may lose your initial deposit and be required to deposit additional margin in order to maintain your position. If you fail to meet any margin requirement your position will be liquidated and you will be responsible for any resulting losses.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. FOREX.com is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
FOREX.com has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice. View our disclaimer.
Last Updated: 22 October, 2020