Forex and CFDs
Forex and CFDs are leveraged products. A small price move produces a large change in the value of a position relative to the money deposited, and losses can exceed the deposit where negative balance protection does not apply. Regulators' own data show that a large majority of retail CFD accounts lose money.
Leverage
Leverage multiplies both profit and loss. The higher the leverage used, the smaller the adverse move that exhausts an account. The course on leverage, margin and risk exists because this is the risk that ends most new accounts.
Prop trading
Prop-firm evaluations are paid tests. Most attempts fail and the fee is usually not refunded. Funded accounts are usually simulated and profit is real only when the firm pays it. Rule breaches, including on review after the fact, can void payouts. Prop firms are generally unregulated and their ability and willingness to pay is not guaranteed by any authority.
Provider terms
Every figure about a provider on this site is the provider's own term at the time of checking. Providers change prices, rules and eligibility without notice, and the provider's current terms are the only ones that bind.
General information
Nothing on this site is advice to trade, to use a provider, or to buy an evaluation. Decide with your own circumstances in mind, with money you can afford to lose, and, where appropriate, with professional advice.