Risk warning

Trading leveraged foreign exchange (forex), contracts for difference (CFDs), futures, options and crypto assets involves a high level of risk and isn't suitable for everyone.

• Leverage magnifies losses. A small price move against you can wipe out your margin. With some offshore providers, you could lose more than you deposit.
• Most retail accounts lose money. Where brokers must disclose it (e.g. the EU and U.K.), a majority of retail CFD accounts lose money.
• Markets can gap. Stop-loss orders aren't guaranteed and can be filled at worse prices in fast markets or over weekends.
• Costs add up. Spreads, commissions, financing and currency conversion reduce returns, especially for frequent traders.
• Unregistered firms offer no Canadian protection. If a firm isn't registered in Canada, CIPF, CIRO rules and OBSI don't apply.
• Crypto assets are highly volatile and are not covered by CIPF.

Only trade with money you can afford to lose. Past performance isn't a reliable indicator of future results. Nothing on ForexCanada.ca is a recommendation to buy or sell any product. Read our guide to why most traders lose money and use the position size calculator to manage risk.