Risk Warning

This Risk Warning is provided by Women Who Trade Pty Ltd (ABN 26 665 680 606) to ensure you understand the significant risks involved in trading foreign exchange (forex), contracts for difference (CFDs), and other derivative products.

IMPORTANT: Please read this Risk Warning carefully before engaging in any trading activity.

1. HIGH-RISK INVESTMENT WARNING

Trading foreign exchange, CFDs, and derivatives involves a high level of risk and may result in the loss of all your invested capital. These products may not be suitable for all investors.

Key Risk Factors:

• High leverage can magnify both gains and losses
• Market volatility can result in rapid and substantial losses
• Prices can move against your position quickly
• You may lose more than your initial investment
• Past performance is not indicative of future results

Only invest money you can afford to lose. Do not trade with funds needed for essential expenses such as living costs, mortgage payments, or emergency savings.

2. LEVERAGE RISK

Leverage allows you to control a large position with a relatively small amount of capital. While this can increase potential profits, it also significantly increases potential losses.

Example:
With 100:1 leverage, a 1% adverse price movement can result in a 100% loss of your invested capital.

Many traders, particularly beginners, underestimate the risks of leveraged trading. Before using leverage, ensure you fully understand how it works and the potential consequences.

3. MARGIN CALLS AND FORCED LIQUIDATION

When trading on margin, if your account equity falls below the required maintenance margin, your broker may:

• Issue a margin call requiring additional funds
• Automatically close your positions to limit further losses
• Close positions without prior notice if market conditions deteriorate rapidly

You remain responsible for any resulting deficit in your account, even if positions are closed at a loss.

4. MARKET VOLATILITY

Financial markets can be highly volatile, particularly during:

• Major economic announcements (e.g., employment data, interest rate decisions)
• Geopolitical events (e.g., elections, conflicts, policy changes)
• Market opening and closing times
• Low liquidity periods

During volatile periods:

• Prices can gap significantly
• Stop-loss orders may not be executed at your specified price
• Slippage can occur, resulting in worse execution prices than expected
• Spreads may widen substantially

5. EXECUTION RISKS

While we refer brokers that we believe provide quality execution, various execution risks exist:

Slippage:
Your order may be executed at a different price than requested, particularly during fast-moving markets or news events.

Requotes:
Your broker may be unable to execute your order at the requested price and may offer a different price (requote).

Platform Outages:
Technical issues, internet connectivity problems, or platform maintenance may prevent you from accessing your account or executing trades.

Order Rejections:
Your orders may be rejected due to insufficient margin, market conditions, or broker policies.

6. COUNTERPARTY RISK

When you trade with a broker, you are exposed to counterparty risk — the risk that the broker may fail to fulfill its obligations. This includes:

• Broker insolvency or bankruptcy
• Inability to process withdrawals
• Failure to honor trades or account balances

Mitigation:

• Only trade with regulated brokers
• Verify the broker's regulatory status and licensing
• Understand the investor protection schemes available in the broker's jurisdiction
• Keep only necessary trading funds in your broker account

7. OFFSHORE BROKER CONSIDERATIONS

The broker(s) referred through this website may be regulated in jurisdictions outside of Australia and may not hold an Australian Financial Services Licence (AFSL). This means:

Limited Regulatory Protection:
Offshore brokers are not subject to Australian Securities and Investments Commission (ASIC) oversight, and you may have limited recourse if issues arise.

Different Standards:
Regulatory standards, client fund protections, and dispute resolution mechanisms may differ from those in Australia.

Compensation Schemes:
Investor protection schemes vary by jurisdiction and may not apply to you. You may not be covered by any compensation scheme depending on your country of residence and the broker's regulatory jurisdiction. Check with the broker directly regarding what protections are available to you.

Jurisdiction-Specific Risks:
Legal recourse may be more difficult if the broker is based in a foreign jurisdiction.

Before opening an account with an offshore broker, carefully research:

• The broker's regulatory status and licensing
• Client reviews and reputation
• Withdrawal policies and processing times
• Dispute resolution procedures

The broker referred through this website is regulated in South Africa (FSCA — Financial Sector Conduct Authority) and holds an offshore Legal Opinion in Saint Lucia (FSRA). It is not regulated by ASIC and does not hold an Australian Financial Services Licence (AFSL).

8. US REGULATORY NOTICE

Women Who Trade Pty Ltd is not registered with the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC). We are an independent affiliate only. US residents who open accounts with referred brokers do so at their own discretion. Please ensure you understand the regulatory implications of trading with an offshore broker as a US resident before proceeding.

9. LACK OF OWNERSHIP

When trading CFDs and derivatives, you do not own the underlying asset. You are entering into a contract based on the price movements of the underlying asset. This means:

• You have no ownership rights or voting rights
• You are not entitled to dividends (unless specifically offered by the broker)
• Your position is subject to the broker's terms and conditions

10. CURRENCY RISK

If you trade instruments denominated in a currency different from your account base currency, you are exposed to currency exchange rate fluctuations, which can affect your profits and losses.

11. PSYCHOLOGICAL AND EMOTIONAL RISKS

Trading can be emotionally challenging and may lead to:

• Impulsive decision-making
• Overtrading and excessive risk-taking
• Stress, anxiety, and other mental health impacts
• Financial strain on personal relationships

Risk Management:

• Never trade with borrowed money
• Set strict risk limits and adhere to them
• Take breaks and avoid trading when emotional
• Seek professional help if trading negatively impacts your wellbeing

12. NO GUARANTEES OF PROFIT

Despite any educational content, strategies, or insights provided by Women Who Trade Pty Ltd:

• There is no guarantee of profit
• Historical performance does not predict future results
• Individual results will vary based on market conditions, execution, and personal decisions
• Most retail traders lose money

Statistics:
The exact percentage of retail traders who lose money varies by broker. Please refer to the risk disclosure provided directly by the broker you sign up with for their specific statistics. As an affiliate we do not hold or publish broker-specific loss data.

13. EDUCATIONAL CONTENT DISCLAIMER

Any educational content, market analysis, trading strategies, or opinions provided by Women Who Trade Pty Ltd are for informational purposes only and do not constitute:

• Financial advice
• Trading recommendations
• Guaranteed trading systems
• Predictions of future market movements

You are solely responsible for your trading decisions and their outcomes.

14. SUITABILITY ASSESSMENT

Before trading, you should carefully assess whether trading forex, CFDs, or derivatives is suitable for you based on:

• Your financial situation and obligations
• Your investment objectives and goals
• Your level of trading experience and knowledge
• Your risk tolerance and capacity to absorb losses

Seek Professional Advice:
If you are unsure whether trading is appropriate for you, consult a licensed financial advisor who can provide personalized guidance based on your individual circumstances.

15. RESPONSIBLE TRADING PRACTICES

To trade responsibly:

• Educate Yourself: Understand the products you are trading and the risks involved
• Use Risk Management: Implement stop-loss orders, position sizing, and risk limits
• Avoid Overtrading: Trade with discipline and avoid excessive leverage
• Keep Records: Maintain records of your trades for tax and performance analysis
• Stay Informed: Keep up with market news and economic events that may impact your trades
• Start Small: Begin with small positions and a demo account to gain experience

16. WITHDRAWAL OF FUNDS

Ensure you understand your broker's withdrawal policies, including:

• Processing times (withdrawals may take several days)
• Minimum withdrawal amounts
• Fees or charges for withdrawals
• Required verification documents

Plan your capital accordingly and maintain sufficient funds for your trading and personal needs.

17. REGULATORY CHANGES

Trading regulations can change, potentially affecting:

• Leverage limits
• Product availability
• Tax treatment
• Broker operations

Stay informed about regulatory developments in your jurisdiction and the broker's jurisdiction.

18. TAX IMPLICATIONS

Trading profits may be subject to taxation in your jurisdiction. Tax treatment can vary depending on:

• Whether you are classified as an investor or trader
• The type of products you trade
• Your country of residence

Consult a Tax Professional:
Seek advice from a qualified tax advisor to understand your tax obligations and ensure compliance with tax laws.

19. ACKNOWLEDGMENT

By using the services of Women Who Trade Pty Ltd and proceeding to open an account with a referred broker, you acknowledge that:

• You have read and understood this Risk Warning
• You are aware of the substantial risks involved in trading forex, CFDs, and derivatives
• You accept full responsibility for your trading decisions and outcomes
• You understand that you may lose all of your invested capital
• You have assessed your financial situation and determined that trading is appropriate for your circumstances
• You will not hold Women Who Trade Pty Ltd liable for any trading losses or outcomes