eAPPs - Risk Warning
Margin FX and CFD products are considered speculative products which are highly leveraged and carry significantly greater risks than non-geared investments, such as shares. You should not invest in Margin FX or CFD products unless you properly understand the nature of Margin FX and CFD products, and are comfortable with the attendant risks. You should obtain financial, legal, taxation and other professional advice prior to entering into a Margin FX or CFD transaction to ensure this is appropriate for your objectives, needs and circumstances.
Any opinions provided by apps.efirmz.com (including its website and representatives) is general in nature and does not take into account your financial circumstances. Before making an investment decision based on the above, you need to consider whether the advice is appropriate for your own personal financial circumstances. This might mean that you seek personal advice from a representative authorised to provide personal advice.
Internet Trading Risks
You shall be responsible for providing and maintaining the means by which to access the electronic trading platform, which may include without limitation a personal computer, modem and telephone or other access line. While the internet and the World Wide Web are generally reliable, technical problems or other conditions may delay or prevent access thereto. If you are unable to access the internet and thus, the apps.efirmz.com website, it will mean you may be unable to copy a trade from an apps.efirmz.com traders when desired and you may suffer a loss as a result. We cannot be responsible for communication failures, distortions or delays when trading via the Internet.
A high degree of leverage is obtainable in trading Margin FX contracts because of the small Margin requirements which can work against you as well as for you. The use of leverage can lead to large losses as well as large gains. The impact of leverage is that even a slight fluctuation in the market could mean substantial gains when these fluctuations are in your favour, but that could also mean considerable losses if the fluctuations are to your detriment.