Financial trading in assets or derivatives (e.g. stocks, currencies, raw materials, or indices) is associated with a high level of risk and is therefore not suitable for security-conscious investors.
Trading with leverage in particular can involve high risks. Before you start trading online, carefully consider your investing goals, your financial situation, your needs, and your level of experience and knowledge.
Online trading can become addictive. If you are in doubt, always seek independent advice. Note that past profits are not a guarantee of future performance. When trading and speculating in forex or options, you could lose all or part of your deposit. Only trade in money that you can easily afford to lose.
Be aware of all the risks associated with online trading. Before making a deposit, gain in-depth experience trading fictitious money. In this way, you can test the strategy you have chosen without any financial risk.
Responsible Online Trading Measures
Deposit Limits – limit for yourself how much you can deposit per day/week/month by setting these at the beginning.
Reality Checks – set reminders of how much you you have risked or invested on trades
Self-Exclusion – speak to your broker to enable self-exclude program which will close your account completely for the set time
Be familiar with terms and conditions
Before starting trading, you should familiarize yourself with the terms and conditions of the respective provider. Only trade through EU-regulated brokers and check the regulatory status before opening an account, as we cannot assume any liability for the currency of the regulatory status.