MitheralFX
General Risk Warning
Trading Contracts for Difference (CFDs), Forex, and other leveraged products carries a high level of risk. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore, you should not invest money that you cannot afford to lose.
Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss exceeding your initial investment. You should be aware of all the risks associated with trading on margin.
Leverage Risks
Leverage works both ways and can greatly amplify your profits as well as your losses. Trading on margin carries a high degree of risk and may not be suitable for all investors.
Understanding Leverage
- Leverage allows you to control larger positions with a smaller amount of capital
- While leverage can magnify gains, it can also magnify losses equally
- A small adverse price movement can result in substantial losses
- You may be required to deposit additional funds to maintain your positions
- Your losses may exceed your initial investment
Market Risks
Financial markets are inherently volatile and unpredictable. Various factors can cause rapid price movements that may result in significant losses.
Market Volatility
- Prices can change rapidly and significantly in short time periods
- Economic news, political events, and market sentiment can cause sudden price swings
- Volatility can make it difficult to execute trades at desired prices
- Stop-loss orders may not protect you from gap risk
Liquidity Risks
- Some markets may have limited liquidity, especially during volatile periods
- Low liquidity can result in wider spreads and slippage
- It may be difficult to exit positions quickly at fair prices
- Market conditions can change rapidly, affecting liquidity
Technical Risks
Trading platforms and technology systems are subject to various technical risks that could affect your trading activities.
Platform and System Risks
- System failures, internet outages, or power interruptions may prevent you from accessing your account
- Technical glitches may result in erroneous trades or pricing
- Mobile trading may be affected by network connectivity issues
- System maintenance may temporarily limit your ability to trade
You are responsible for maintaining a reliable internet connection. We are not liable for losses resulting from your inability to access the platform due to technical issues on your end.
Product-Specific Risks
CFD Trading Risks
- CFDs are complex instruments and come with a high risk of losing money rapidly
- You don't own the underlying asset when trading CFDs
- CFD prices may differ from the underlying market prices
- Overnight financing charges may apply to positions held overnight
- Dividend adjustments may affect your positions
Cryptocurrency Risks
- Cryptocurrency markets are extremely volatile and unpredictable
- Crypto assets may be subject to regulatory changes or bans
- Cryptocurrency exchanges may be hacked or shut down
- Crypto values can be affected by technological issues or forks
- Limited liquidity in some crypto markets
Forex Trading Risks
- Forex markets can be highly volatile, especially during major economic announcements
- Currency values can be affected by interest rate changes, political events, and economic data
- Some currency pairs may have wider spreads during volatile periods
- Overnight positions may be subject to rollover charges
No Profit Guarantees
MitheralFX does not guarantee any specific returns or profits from trading. Past performance is not indicative of future results. Any claims of guaranteed profits or risk-free trading are false and should be disregarded.
We do not provide investment advice. Any information, analysis, or tools provided are for educational purposes only. You are solely responsible for your trading decisions and should seek independent financial advice if needed.
What We Don't Promise
- We don't guarantee profits or specific returns
- We don't promise risk-free trading
- We don't guarantee that you won't lose money
Risk Management Recommendations
While trading always involves risk, there are steps you can take to manage your exposure:
Essential Risk Management Practices
- Use Stop-Loss Orders: Set automatic stop-loss levels to limit potential losses
- Position Sizing: Never risk more than 1-2% of your trading capital on a single trade
- Diversification: Don't concentrate your trading in a single instrument or market
- Education: Continuously learn about trading and risk management techniques
- Start Small: Begin with a demo account to practice before trading real money
- Keep Records: Maintain a trading journal to analyze your performance
Psychological Risks
- Emotional trading can lead to poor decision-making
- Fear and greed can cause you to deviate from your trading plan
- Overtrading can result in excessive fees and increased risk
- Revenge trading after losses can compound your losses
- Maintain discipline and stick to your trading strategy
Regulatory Information
MitheralFX operates in compliance with applicable financial regulations. However, regulatory protections vary by jurisdiction, and you should understand the protections available to you.
Investor Protection
- Check if our services are regulated in your jurisdiction
- Understand the investor compensation schemes available to you
- Know your rights as a retail investor in your country
- Be aware that regulatory protections may not cover all types of losses
- Some jurisdictions may offer limited or no investor protection
It is your responsibility to ensure that trading with MitheralFX is legal in your jurisdiction. You should consult with local legal and financial advisors to understand your rights and obligations.