FOREX.com Warns on CFD Risks: 77% of Retail Investors Lose Money
FOREX.com, a trading name of StoneX Europe Limited, has issued a warning about the risks associated with CFDs. The company states that 77% of retail investor accounts lose money when trading CFDs with this provider.
The warning emphasizes that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. It advises readers to consider whether they understand how CFDs work and whether they can afford to take the high risk of losing their money.
FOREX.com also discloses its regulatory status, stating that it is authorized and regulated by the Cyprus Securities & Exchange Commission (CySEC) under license number 400/21. The company is a Member of the Investor Compensation Fund (ICF) and has its registered address at Nikokreontos 2, 5th Floor, 1066 Nicosia, Cyprus.