Risk Warning
The Risk warning disclosure statement sets out the risk associated with the dealing in OTC Derivatives (“CFDs and Spot Forex”) and other Futures and Options products while dealing with the CFI Financial Markets LLC (“CFI Markets”; the “Firm”).
CFI Markets is domiciled in the mainland under the Dubai Economic Department jurisdiction regulated by UAE Securities and Commodities Authority (‘SCA’) under license No. (20200000154). The SCA has granted CFI Markets the Category 1 license to carry out (a) Trading broker in the international markets; and (b)Trading broker of OTC derivatives and currencies in the Forex Spot Market. This notice is provided to you in compliance with the SCA regulatory requirements because you are proposing to undertake dealings in financial instruments in the form of OTC derivatives and other commodities products with the Firm which is carrying on dealing in investment activities related to this. This notice cannot and does not disclose or explain all the risks and other significant aspects involved in dealing in such products.
CFI Markets does not (will not) provide you with investment advice relating to investments or possible transactions in investments or from making investment recommendations of any kind. We can give you factual market information or information, in relation to a transaction about which you have enquired, as to transaction procedures, potential risks involved and how those risks may be minimised. Further, before deciding to participate in the spot Forex market, you should carefully consider your investment objectives, level of experience and risk appetite...
OTC derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based. For many members of the public, these Transactions are not suitable. You should, therefore, consider carefully whether they are suitable for you considering your knowledge/experience, financial resources and investment objectives. In considering whether to engage in this form of investing, you should be aware of the following:
- The high degree of "gearing" or "leverage" (i.e., the funds required at the outset, compared with the size of the trade you can place) is a particular feature of this type of Transaction. Therefore, a relatively small movement in the underlying market can have a disproportionate effect on your Transaction.
- If the underlying market movement is in your favour, you may achieve a good profit, but an equally small adverse market movement can quickly result in the loss of your entire deposit.
CFD/ Spot Forex trading is a leveraged product and carries a high degree of risk. You should not engage in CFD or spot forex trading unless you understand the nature of CFD and/or spot forex trading, how they work, how you make a profit or a loss and the extent of your exposure to risk and loss. Note in particular that your losses can be unlimited and no deposit or other amount you have paid (such as Initial Margin (we also call this Margin) or Variation Margin) will limit your losses. You should be satisfied that CFD and spot forex trading is suitable for you in the light of your circumstances and financial position. You may lose all your invested capital and initial investment. Only speculate what you can afford to lose.
You may be called upon to deposit a substantial additional margin, at short notice, to maintain your position. If you do not provide such additional funds within the time required, your position may be closed at a loss, and you will be liable for any resulting deficit.
CFI Markets explicitly disclaims any responsibility or liability for any losses, damages, or adverse consequences arising from dealings in OTC Derivatives, including CFDs, Spot Forex, and other underlying assets products (when applicable). By engaging in transactions with CFI Markets, you acknowledge and accept that:
No Liability for Losses: CFI Markets is not responsible for any financial losses, whether direct or indirect, that you may incur while participating in financial markets, including those associated with the use of leverage and trading of OTC derivatives.
No Indemnity: You shall not seek indemnity or compensation from CFI Markets for any losses or damages suffered during your trading activities. The Firm shall not be held liable for any adverse outcomes resulting from your investment decisions.
Additional Margin Requirements: You understand that CFI Markets may require you to deposit additional margin funds on short notice to maintain your position. Failure to provide such additional funds may result in the closure of your position at a loss, and you will be solely responsible for any resulting deficit...
We do not offer our investment /ancillary services to residents of certain jurisdictions such as USA, Sudan, Syria, Republic of Korea and other countries, as those listed to FATF and MONEYVAL recommendations
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