JFD Brokers Ltd. (hereinafter called the 'Company') is an Investment Firm regulated by the Cyprus Securities and Exchange Commission i.e. CySEC (licence number 150/11). This notice is provided to you in agreement with the Markets in Financial Instrument Directive (MiFID II) of the European Union.
JFD Brokers Ltd. does not warranty the initial capital of the Clients' portfolio or its value at any time or any money invested in any Financial Instrument. The Client should completely acknowledge and accept that he runs a great risk of incurring losses and damages as a result of the purchase and/or sale of any Financial Instrument and accepts and confirms that he is prepared to take on this risk.
The Client should completely acknowledge and accept that, regardless of any information which may be offered by the Company, the value of any investment in Financial Instruments may fluctuate downwards or upwards and it is even likely that the investment may become of no value.
The Client should declare that he has read, understands and accepts the following:
The Client should take the risk that his trades in Financial Instruments may be or become conditional on tax and/or any other duty, for example, due to alterations in legislation or his personal conditions. The Company does not guarantee that there will be no outstanding tax and/or any other stamp duty incurred. The Client should be accountable for any taxes and/or any other duty which may accumulate in respect of his trades.
The Client should acknowledge that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of the retail investor accounts lose money when trading CFDs with the Company. The Client should consider whether he understands how CFDs work and whether he can afford to take the high risk of losing his money.