Important margin product information
CFDs and forex spot transactions are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor lose money when trading CFDs and/or forex spot with this provider. 0.52%of retail clients trading in leveraged products experience a negative account balance after a stop out occurred. You should consider whether you understand how CFDs, forex spot transactions or any of our other products work and whether you can afford to take high risk of losing your money.
Please read our disclaimers:
Notification on Non-Independent Investment Research (https://www.home.saxo/legal/niird/notification)
Full disclaimer (https://www.home.saxo/legal/disclaimer/saxo-disclaimer)
Losses can exceed deposits on margin products. Please ensure you consult our Risk Warning before you start trading and you understand the risks.
All trading carries risk. Losses can exceed deposits on margin products. You should consider whether you understand how our products work and whether you can afford to take the high risk of losing your money. To help you understand the risks involved we have put together a general Risk Warningseries of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. The KIDs can be accessed within the trading platform. Please note that the full prospectus can be obtained free of charge from Saxo Bank (Switzerland) ltd. or the issuer.
This website can be accessed worldwide however the information on the website is related to Saxo Bank (Switzerland) Ltd. All clients will directly engage with Saxo Bank (Switzerland) Ltd. and all client agreements will be entered into with Saxo Bank (Switzerland) Ltd. and thus governed by Swiss Law.
The content of this website represents marketing material and has not been notified or submitted to any supervisory authority.
If you contact Saxo Bank (Switzerland) Ltd. or visit this website, you acknowledge and agree that any data that you transmit to Saxo Bank (Switzerland) Ltd., either through this website, by telephone or by any other means of communication (e.g. e-mail), may be collected or recorded and transferred to other Saxo Bank Group companies or third parties in Switzerland or abroad and may be stored or otherwise processed by them or Saxo Bank (Switzerland) Ltd. You release Saxo Bank (Switzerland) Ltd. from its obligations under Swiss banking and securities dealer secrecies and, to the extent permitted by law, data protection laws as well as other laws and obligations to protect privacy. Saxo Bank (Switzerland) Ltd. has implemented appropriate technical and organizational measures to protect data from unauthorized processing and disclosure and applies appropriate safeguards to guarantee adequate protection of such data.
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As a seasoned financial expert with a deep understanding of the topic, I've had extensive experience in the field of trading, particularly in complex instruments like CFDs and forex spot transactions. My expertise is grounded in years of hands-on involvement in the financial markets, closely monitoring market trends, analyzing risk factors, and developing strategies to navigate the intricacies of leveraged products.
The article you provided is a disclaimer and disclosure statement from Saxo Bank Group, specifically Saxo Bank (Switzerland) Ltd., offering an execution-only service and access to analysis related to trading. Let's break down the key concepts mentioned in the text:
CFDs and Forex Spot Transactions: The disclaimer highlights the complexity of CFDs (Contracts for Difference) and forex spot transactions. It emphasizes the high risk associated with these instruments due to leverage, cautioning that a significant percentage of retail investors may lose money rapidly.
Risk Warning: The text repeatedly emphasizes the importance of understanding the risks involved in trading, particularly with leveraged products. It points out that losses can exceed deposits on margin products, urging readers to consult the provided Risk Warning before engaging in trading.
Execution-Only Service: Saxo Bank Group entities, including Saxo Bank (Switzerland) Ltd., offer an execution-only service. This means they provide access to analysis and execution capabilities, but they don't provide advice or recommendations. Clients are expected to make trading decisions based on their own informed choices.
Independence of Investment Research: If any content is construed as investment research, the disclaimer notes that it may not have been prepared in accordance with legal requirements promoting the independence of investment research. It could be considered a marketing communication under relevant laws.
Data Protection and Privacy: The disclosure addresses data protection and privacy concerns, indicating that any data transmitted to Saxo Bank (Switzerland) Ltd. may be collected, recorded, and transferred to other Saxo Bank Group companies or third parties, both in Switzerland and abroad. The bank has implemented measures to protect data from unauthorized processing and disclosure.
Jurisdiction and Governing Law: All clients engaging with Saxo Bank (Switzerland) Ltd. will be governed by Swiss law. The disclaimer emphasizes that the content of the website relates specifically to Saxo Bank (Switzerland) Ltd., even though the website can be accessed worldwide.
In conclusion, this comprehensive disclaimer from Saxo Bank Group aims to inform potential clients about the risks associated with trading, the nature of the services offered, and the legal framework under which the interactions will take place.