CFDs are complex tools, and due to leverage, there is a high risk of rapid loss. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing funds.
Leverage allows you to open larger positions with a small amount of capital. It is to increase your purchasing power. Risk management policies should be in place
Market fluctuations and rapid changes will cause your account balance to change rapidly. If you do not have enough funds in your account to track price changes, there is a risk that all open positions will be automatically closed by a margin call.
The holding cost/swap is applied to your account on a daily basis. In some cases, especially if you hold a position for a long time, the sum of these holding costs may exceed the sum of any profits.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!