Risk Warning

Trading on the Forex market has risks as well as rewards, and a such a warning must be offered to those contemplating opening a live account.

People do lose money on the Forex market, even successful traders, in fact it is inevitable that you will lose at some stage of trading. In light of this we must advise that you never trade with more than you can afford to lose.

Before you open a live account, you should make sure that you fully understand the trading process, including leverage, and most importantly how to close your trade manually if necessary before a stop loss is reached. You should also consider the financial implications of each individual trade that you open.

Make sure that you understand, and know how to use risk management options such as stop losses so that when losses occur, they are minimised.

If you are unsure of whether or not to open a trade, the most sensible option is to leave it out. Also, ensure that you have a Money Management plan in place before live trading, and if necessary practise with a demo acccount, but treat the money as real.

Finally, and this cannot be over stressed - do not trade with more than you can afford to lose.

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Disclaimer: Trading Forex can involve the risk of loss of all the money invested. Please read the full site disclaimer and risk warning. Forex is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.