This Risk Disclosure Statement (“the Statement”) is designed to provide you, the client, with a transparent overview of the risks involved when trading financial instruments with Wealth Sailor (“the Company”). By engaging in any activity on our platform, you acknowledge and accept the inherent risks described herein.
This Statement is prepared in alignment with the Investment Services and Activities and Regulated Markets Law of 2007 (No. 144(I)/2007) and the Markets in Financial Instruments Directive (MiFID - Directive 2004/39/EC). It serves as a general guide and does not outline every possible risk. We strongly recommend that clients assess all risk factors and make well-informed trading decisions.
Trading Contracts for Difference (CFDs) carries a high level of risk and may not be suitable for all investors. CFDs are leveraged products, which means a relatively small initial investment can control a much larger position — increasing both potential profits and potential losses.
CFD trading is only suitable for clients who:
Clients are solely responsible for any losses incurred through their trading activity.
Key Risks to ConsiderCFDs at Wealth Sailor can be traded with leverage of up to 1:300. While leverage increases profit potential, it also significantly increases the risk of loss. Wealth Sailor offers Negative Balance Protection, so you’ll never lose more than your deposited amount.
Market VolatilityMarkets can move rapidly and unpredictably. Sudden price swings may lead to large gains or losses within moments.
Margin RequirementsTo keep positions open, clients must maintain sufficient margin. Failure to meet margin requirements may lead to automatic closure of positions without prior notice.
Pricing PolicyPrices on our platform are determined by internal pricing models and may differ from publicly quoted market prices.
Counterparty RiskWealth Sailor is the counterparty to your trades. This may give rise to a conflict of interest. Please refer to our Conflicts of Interest Policy for more information.
No Ownership RightsTrading CFDs does not give you any ownership or rights in the underlying asset (e.g. shares, commodities, etc.).
Execution FinalityOnce an order is placed online or over the phone and confirmed, it is considered final. Cancellations or modifications are not permitted once confirmed.
No Personal AdviceWealth Sailor does not provide personalised investment advice. Any information or commentary provided is general and should not be interpreted as a recommendation.
No GuaranteesThere are no guarantees in trading. No strategy can ensure profits or eliminate risk.
Delays, outages, or malfunctions in internet connectivity or platform performance can result in failed or delayed orders. Wealth Sailor cannot be held responsible for such technical issues.
Communication RisksWe are not liable for errors, delays, or interceptions in any form of communication. Clients are responsible for ensuring the security and reliability of their own communication channels.
Market DisruptionsUnder abnormal or fast-moving market conditions, delays in order execution may occur.
Force MajeureWealth Sailor is not liable for losses arising from events outside our control, including natural disasters, war, or systemic failures.
You are solely responsible for understanding and fulfilling any tax obligations in your local jurisdiction.
Trading Costs & SwapsBe aware of all trading-related fees, including spreads, commissions, and swap charges. Note: swap fees may be tripled on Wednesdays due to weekend rollovers.
System Errors & AdjustmentsIn rare cases of expiry system failures, affected trades may be manually adjusted by our Risk & Compliance Teams to ensure fairness.
By trading with Wealth Sailor, you confirm that you have read, understood, and accepted this Risk Disclosure Statement, as well as our Trading Policies and Procedures.