Legal
Risk Disclosure
1. Purpose of this disclosure
This Risk Disclosure explains the main risks of trading leveraged financial products and of using trading-related services made available by PAY MOTION (PTY) LTD. It does not cover every risk and should be read together with our Terms and Conditions.
Nothing on our website or in our communications is investment, financial, legal or tax advice, or a recommendation to trade.
2. High level of risk
Trading leveraged financial products involves a high level of risk and may not be suitable for every investor. You may lose some or all of the capital you commit to trading.
Only trade with money you can afford to lose. Before trading, consider your financial circumstances, investment objectives, level of experience and risk tolerance.
3. Leverage
Leverage allows you to open a position that is larger than the capital you commit. It can magnify both profits and losses, and a small market movement can have a large effect on your account.
4. Market volatility
Prices can move quickly and unpredictably because of economic news, political events, changes in liquidity and other factors. Prices may gap, which means the price you trade at can differ from the price you expected.
Orders such as stop-loss orders do not guarantee that a position will be closed at a specific price.
5. Past performance
Past performance is not a reliable indicator of future results. This applies to your own results, to the results of other traders, and to any strategy or account you may choose to follow or copy.
6. Copy trading
If copy trading is available to you, copying another trader does not remove risk. You may lose money even where the trader you copy is successful, and you remain responsible for your own account and decisions.
7. Technology and connectivity
Trading depends on technology, including internet connections, trading platforms and third-party systems. Delays, interruptions, errors or outages may affect your ability to place, change or close trades.
8. Deposits and withdrawals
Deposits and withdrawals are subject to automated balance, security and compliance checks. Processing targets are not guarantees, and bank and payment-provider settlement times may vary.
9. Trading Credit
Trading Credit is an account feature. It is not cash, profit or a guaranteed return. Its availability, eligibility, use and treatment are set out in the Trading Credit Terms.
10. Your responsibility
You are responsible for understanding the products you trade and the risks involved before entering into any transaction. If you are unsure, you should seek independent professional advice.
11. Contact us
Questions about this disclosure can be sent to:
PAY MOTION (PTY) LTD
support@paymotion.co.za
End of Risk Disclosure
