1. Introduction
This Risk Disclosure is provided for general information. Trading and investing involves substantial risk of loss, and is not suitable for all investors. You should read this disclosure carefully before opening an account or executing trades.
2. General investment risk
The value of investments and the income derived from them may fluctuate and may not return the amount originally invested. Past performance is not indicative of future results. You should consider your objectives, level of experience, and risk appetite before trading.
3. Margin and leverage risk
Trading on margin amplifies both gains and losses. A relatively small adverse market movement can result in losses exceeding your initial deposit. You may be required to post additional margin at short notice, and Ironarb may liquidate positions to satisfy a margin call without further notice.
4. Equity risk
The value of equities may fall as well as rise. Smaller-capitalisation equities and equities traded outside major exchanges may be illiquid and subject to wider bid-ask spreads, lower volumes, and greater price volatility.
5. Fixed-income risk
Fixed-income securities are subject to interest-rate risk, credit risk, and liquidity risk. Bond prices generally move inversely to interest rates. The credit quality of an issuer may deteriorate, affecting the price and yield of its securities.
6. Foreign-exchange risk
Foreign-currency transactions may result in gains or losses due to exchange rate movements. Holdings denominated in foreign currencies are subject to currency risk independent of the underlying instrument.
7. Derivatives risk
Futures, options, and other derivatives carry a high degree of risk and are not suitable for all investors. Losses on certain derivative positions are not limited to your initial investment. You should understand the mechanics of any derivative before trading it.
8. Digital-asset risk
Digital assets are highly volatile and may experience extreme price movements over short periods. Digital-asset markets are subject to evolving regulation, technology risks, and platform risks. Custodial arrangements vary across jurisdictions, and investor protection schemes may not apply.
9. Operational and technology risk
Online trading and electronic platforms are subject to disruption, including internet outages, software errors, and cybersecurity incidents. Although Ironarb maintains industry-leading systems and contingency plans, you should maintain alternative means of placing and managing orders.
10. Tax considerations
The tax treatment of investments depends on your individual circumstances and may change. Ironarb does not provide tax advice. You should consult a qualified tax adviser before making investment decisions.