The purpose of this disclosure is to provide clients and prospective clients with a transparent overview of key risk involved in financial trading via Wmarkets Platforms. These financial instruments may include, but are not limited to spot Foreign exchange contracts (Forex), Contract for Difference (CTDs) and other over the counter (OTC) derivatives or capital market products offered through our trading services. Trading in these financial instruments are not suitable for all investors as clients may incur losses greater than their initial investment. Traders should always make sure that they fully understand the risk involved prior to engaging in trading via our platform.
The Risk Disclosure outlines on a non-misleading basis on the general nature of risk associated with trading regulated securities and capital products through Wmarkets trading platform. Clients should not commence trading via this platform unless the understand the risk involved. It is noteworthy that it is impossible for a risk disclosure documents to contain all risk and aspects involved in trading. Clients should carefully read this document in full and seek professional advice where necessary.
This disclosure document should be read in conjunction or alongside the Clients Agreement, Privacy Policy and the Terms & Conditions, all of which form an integral part of our Legal and compliance framework.
Wmarkets does not guarantee any return, capital preservation or profit performance. The value of positions may vary rapidly due to market instability. Past performances are not premised on future results.
Leverage can significantly amplify gains, but also magnifies losses. It is a powerful tool that can be seen as a double-edged sword. A relatively small market movement may result in substantial losses exceeding the initial margin. Wmarkets provides access to leveraged instruments, and clients must understand the implications before trading via our platform.
The price of securities and derivatives can change rapidly due to macroeconomic events, political instabilities, central bank decisions, etc. These risks can lead to substantial losses. Especially when positions are not adequately hedged.
Orders may not be executed at the exact price requested. Due to fast-moving markets, technical issues, or low liquidity, slippage may occur. This is particularly common during news releases or volatile market sessions and may result in unexpected trading outcomes.
Trading with WMarkets involves using electronic systems and third-party infrastructures. Failures in hardware, software, servers, APIs, or client-side devices may result in order delays, losses, or data inaccuracy. WMarkets shall not be liable for any losses arising from technical disruptions beyond its control.
Some client onboarding programs may involve simulated trading (demo environments) for educational or evaluation purposes. These do not fully replicate the conditions of live markets. Differences in spreads, execution speed, latency, and order behavior should be expected.
WMarkets may apply platform limits such as:
Violating trading conditions may result in account suspension or closure.
If a client operates an account in one currency but trades instruments denominated in another, exchange rate fluctuations may affect net performance. Currency conversion charges may also apply.
Some instruments or market hours may suffer from reduced liquidity. This can cause wider spreads, order rejections, or inability to execute trades. Clients should consider liquidity levels when placing large or time-sensitive orders.
WMarkets communicates electronically. Clients are responsible for maintaining accurate contact information and securing their login credentials. Missed communications, updates, or compliance requests due to user error may result in negative account actions.
Changes in legislation, exchange rules, tax law, or financial regulation may impact product availability, reporting obligations, or client eligibility. WMarkets complies with the rules of the Securities and Exchange Commission and other financial bodies, but cannot guarantee the stability or continuity of such regulations.
Clients are responsible for understanding and fulfilling their local tax obligations, including capital gains, dividend taxes, or reporting requirements. WMarkets does not offer tax advice and accepts no liability for any tax consequences incurred.
WMarkets shall not be held liable for loss or damage resulting from extraordinary events or circumstances beyond its control, including but not limited to:
These events are unavoidable circumstances that are independent and cannot be reasonably forseeable
As a Dealer in Securities, WMarkets may rely on third-party liquidity providers, custodians, data vendors, and clearing agents. Failures or disruptions on the part of these counterparties may affect client trades or settlements. Clients acknowledge and accept this exposure as inherent in the service.
Fraudulent actors may attempt to impersonate WMarkets personnel or create fake communications. Clients should only respond to communications from official WMarkets email addresses or platforms. Sharing login credentials with unauthorized third parties may result in financial loss.
WMARKETS