Forex Broker Issues Risk Warning for 77% Retail Investor Loss Rate
FOREX.com, a trading name of StoneX Europe Limited, has issued a risk warning to its clients regarding the risks associated with trading CFDs. The company states that 77% of retail investor accounts lose money when trading CFDs with them.
The risk warning cautions that CFDs come with a high risk of losing money rapidly due to leverage. FOREX.com advises clients to consider whether they understand how CFDs work and whether they can afford the high risk of losing their money.
Additionally, the company notes that it is authorized and regulated by the Cyprus Securities & Exchange Commission (CySEC) under license number 400/21, and is a member of the Investor Compensation Fund (ICF).