Risk Disclosure
Understand the potential risks associated with trading and investment activities on our platform before making any financial decisions.
Understand the potential risks associated with trading and investment activities on our platform before making any financial decisions.
Any transactions relating to stocks or cryptocurrencies in which Wealth Vision offers you leverage or allows you to enter into short transactions, and/or some copy investing transactions (including Copy Portfolios), shall be considered CFD transactions.
All of these products carry a high degree of risk and are not suitable for many investors. This notice provides you with information about the risks associated with these products, but it cannot explain all of the risks nor how such risks relate to your personal circumstances. If you are in doubt, you should seek professional advice. It is important that you fully understand the risks involved before deciding to trade with Wealth Vision, that you have adequate financial resources to bear such risks and that you monitor your positions carefully.
Trading involves risk to your capital. You should not invest money that you cannot afford to lose, however, you cannot lose more than the equity in your account.
CFD stands for "Contract For Difference," meaning you are not buying the underlying asset, but, rather, purchasing a contract to settle the difference in the initial and ending price of the asset. When investing CFDs, you generally trade on margin, which means you only have to deposit a small percentage of the overall value of your position. This is known as "Leverage", and even small market movements may have great impact, negative or positive, on your investing account.
If the market moves against you, you may sustain a total loss greater than the funds invested in a specific position. You are responsible for all losses in your account up to the equity in your account.
Our CFDs are not listed on any exchange. CFDs involve greater risk than investing in on-exchange products, as market liquidity cannot be guaranteed and it may be more difficult to liquidate an existing position. The prices and other conditions are set by us in accordance with our obligation to provide best execution as set out in our order execution policy, to act reasonably and in accordance with the applicable Terms and Conditions.
Before we open an account for you, we are required to make an assessment of whether the product(s) and/or services you have chosen are appropriate for you, and to warn you if, on the basis of the information you provide us, any product or service is not appropriate. If you decide to continue and open an account with us, you are confirming that you are aware of and understand the risks.
You should ensure that you are able to monitor positions on your account at all times, as you are solely responsible for this. We are not responsible for monitoring positions on your account.
We give you the best execution available, but it is possible that the market price could have changed between order placement and execution time, and therefore, we cannot guarantee that the price requested will be the same as the price at which the order is executed.
To limit losses, we require you to choose 'stop loss' limits. These set limits to automatically close your position when it reaches a price limit of your choice. However, there are circumstances in which a 'stop loss' limit is not fully effective — for example, where there are rapid price movements, or market closure.
Wealth Vision offers Social Trading Features. In making a decision to copy a specific trader or traders and/or follow a particular strategy, you must consider your entire financial situation, including financial commitments. You must understand that using Social Trading Features is highly speculative and that you could sustain significant losses exceeding the amount used to copy a trader or traders. The risks associated with Social Trading Features include, but are not limited to, automated investing execution whereby the opening and closing of trades will happen in your account without your manual intervention.
Since Cryptocurrency markets are decentralized and non-regulated, our Cryptocurrencies Trading Services are unregulated services which are not governed by any specific regulatory framework. This means that there is no central bank that can take corrective measures to protect the value of Cryptocurrencies in a crisis or issue more currency.
CRYPTOCURRENCY MARKETS ARE DETERMINED BY DEMAND AND SUPPLY ONLY. The Cryptocurrency market is a dynamic arena and its respective prices are often highly unpredictable and volatile. The Cryptocurrency prices are usually not transparent, highly speculative and susceptible to market manipulation. In the worst-case scenario, the product could be rendered worthless.
It is important to make a distinction between indicative prices which are displayed on charts and dealable prices which are displayed on our investing platform. Indicative quotes only give an indication of where the market is. Because Cryptocurrency markets are decentralized, meaning they lack a single central exchange where all transactions are conducted, each market maker may quote slightly different prices.
Since blockchain is an independent public peer-to peer network and is not controlled in any way or manner by Wealth Vision, we shall not be responsible for any failure and/or mistake and/or error and/or breach which shall occur in blockchain or in any other networks in which the Cryptocurrencies are being issued and/or traded. You will be bound and subject to any change and/or amendments in the blockchain system and subject to any applicable law which may apply to the blockchain.
While investing on our website and/or applications, system errors may occur. You should be aware of the risks that may result from any system failure which could mean that your order may be delayed or fail. You acknowledge that there are risks associated with utilizing an Internet-based investing system including, but not limited to, the failure of hardware, software, and Internet connections, cyber attacks, and various forms of malicious software.
Our fees and charges are set out on our website under the 'Trading Fees' section. Please be aware of all costs and charges that apply to you, because such costs and charges will affect your profitability.
Past performance is not an indication of future performance. The value of investments can go down as well as up.
Your account with Wealth Vision will be held in EUR which may be different from the currency you used to deposit. Accordingly, you should be aware of currency fluctuations.