RISK
How to minimise your risk:
It is imperative that you read our full Risk Warning and Terms of Business and are fully compliant with them and understand all the risks involved.
You should make yourself fully aware of the products you are trading in terms of dealing hours, minimum trade size, spreads etc. All this information can be found in our Market Information Sheets (MIS) available on line.
You must be fully aware of all positions you have open and any pending orders you may have left with GKFX.
Wherever possible you should leave a stop loss on an open position to limit your potential losses.
Consider leaving a limit or take profit order on a position so you do not miss an opportunity of taking a profit if you are away from your screen.
Although margin trading through leverage can make you huge gains through a small initial outlay, you must realise that this works in reverse too. So you could lose a substantial amount. Therefore do not 'over leverage' yourself, and only risk what you can afford to lose.
Be aware that trading in foreign markets in large sizes can cause you issues in terms of currency fluctuations on your P L. Please seek independent advice if this is of a concern to you.
You may be required to deposit additional funds at a moment's notice to increase your margin with us, if your open positions go against you.
Occasionally a market may be suspended or closed leaving you unable to open, or more significantly, close a position. This may be due to some outside influence like a bomb attack causing a Force Majeure, or due to a market being limit down or limit up. You should be aware at all times of the possibilities of this happening and allow for this by not over exposing yourself to a market.
You may experience IT issues at home. You should make sure that the equipment you have is up to date and fully functioning. We offer a telephone back up service should our website crash.
