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Legal disclaimer: This information is not and should not be construed to be an investment advice relating to CFDs. XM will not make CFD recommendations to you of any kind. XM will only provide you with information on how CFDs work, as well as general market information for currencies and other Underlying Instruments.

The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instruments. XM accepts no responsibility for any use that may be made of these comments and for any consequences resulting in it. No representation or warranty is given as to the accuracy or completeness of this information. This information set out herein should not be regarded by recipients as a substitute for the exercise of their own judgment as the information has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient.

Tradepedia is solely an educator providing training on the theory of analyzing financial markets and its services and products are for illustrative, informational and educational purposes only. It provides training based on its theoretical analysis of markets and then provides theoretical examples of how a trader might choose a trade based on the theories taught by Tradepedia. Each and every trade example shown by Tradepedia is hypothetical and subject to the limitations of hypothetical results.

XM aims to establish, maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. XM operates a policy of independence, which requires its employees and/or counterparties to act in our clients’ best interests and to disregard any conflicts of interest in providing our services.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.