Amex Warns Investors: Trading Cryptos and Stocks Risks Losing Your Shirt
The American Express company has issued a warning to its investors regarding the risks associated with trading in financial instruments and cryptocurrencies. The warning, contained in a Form 8K filing on September 15, cautions that trading in these assets involves high risks, including the risk of losing some or all of one's investment amount. Additionally, prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events.
The company emphasizes that trading on margin increases the financial risks involved, and advises investors to carefully consider their level of experience, risk appetite, and investment objectives before deciding to trade. Fusion Media reminds users that the data contained in this website is not necessarily real-time nor accurate, and may be provided by market makers, which can result in prices differing from actual market prices.
The company also notes that it will not accept liability for any loss or damage as a result of trading or reliance on information contained within the website. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.