Trading binary options cfds involves substantial risk and may lead to loss of all invested capital
Keep Track of your trades in Demo — Trading binary options involves substantial risk and may lead to loss of all invested capital. Demo trading is completely risk free and you should never need to pay or put any sort of money at risk while you are demo trading. That would defeat the whole point. Demo trading is supposed to be an easy way for you to use a broker as practice. If you open up an account, fund it, and then demo trade with 24 Option, you can always choose to cash your real money account out and close your account if you decide that their trading platform is not for you.
This is one of the reasons why you should always use demo trading first—even if you have binary options trading experience. If the broker is not for you, you can simply walk away without losing money. They pride themselves on having a great platform that is simple and powerful. By utilizing their demo account, you can give yourself a jumpstart on your applicable knowledge. You want to clear up any sort of problem before your real money is placed in a risky situation.
Once you have made a qualifying deposit , you will be given the option of visiting their demo account page. Here, you can sign up and start demo trading. Pretty much all brokers require that you make a minimum deposit before they will give you access to their demo trading platforms; this is not unique to 24Option. This is a way for the broker to make sure that only people serious about binary options are using their software. The platforms are not free for the broker and they need to make sure that they are running a smart business.
The demo account acts as a great safety net for this reason. You must recognize that these risks entail a chance of losing money while trading. This disclosure is informational and must not be considered a list of all possible risks. The products offered by the Company are categorized as high-risk complex Financial Instruments and are not suitable for all members of the general public but only for those investors who:.
The use of historical data does not lead to safe forecast. Trading in the Financial Instruments offered by the Company can put your capital at risk. These Financial Instruments are categorized as high risk complex products and you may lose all or part of the amount invested. Trading in the Financial Instruments offered by the Company is not suitable for all categories of investors. Your investment decisions are subject to various markets, currency, economic, political, business risks etc.
You acknowledge, and without any reservation accept, that the value of any investment in a Financial Instrument may vary either upwards or downwards. You acknowledge, and without any reservation accept, the existence of a substantial risk of incurring losses and damages as a result of the buying or selling of any Financial Instrument offered by the Company and acknowledge your intent to take such risk.
The Company will not provide you with any investment recommendations or with any advice that is directly or indirectly connected with the trading of Financial Instruments and you acknowledge that the services provided by us do not include investment advice.
This includes guidance in relation to underlying assets, the market or specific trading strategies. The Company may also provide, at its discretion, information, news, market commentary or any other information through its website, agents or platform but when it does so, it is understood that the information is provided solely to enable you to make your own investment decisions and does not amount to investment advice.
You accept that you are solely responsible for the trades you make and that any transaction you enter into is done so based on your own judgment. Due to the high volatility of the Market, prices of most Financial Instruments traded can vary considerably over the course of a day, which may bring you profit as well as loss.
Those Financial Instruments with volatile price movements should be carefully considered as there are higher risks of loss. Prices may fluctuate due to changes in market conditions which is beyond your control and that of the Company and it may not be possible for trades to be executed at the declared prices resulting in losses. This is the financial risk that for a certain period of time an underlying asset cannot be traded quickly enough in the market without impacting the market price.
You must acknowledge that some products offered by the Company may suffer from liquidity strains due to adverse market conditions, and as such, the asset may be volatile and have a higher degree of risk. The volatility may be reflected in a larger spread between the ASK and BID prices, resulting in a change in the price of the product. This means the trading is done directly between two parties, without any supervision of an exchange.
The Company sets the conditions for trading according to its obligations to provide best execution for our clients. Prices quoted are established by dealers which consequently make it difficult to ensure fair pricing to assess exposure to risk. If a Financial Instrument is traded in a currency other than the currency of your account, changes in exchange rate may affect the value of the transaction negatively resulting in financial losses.
There is no specific EU regulatory framework governing the trading in virtual currencies and trading in these products therefore falls outside the scope of our MiFID regulated activities.
Virtual currencies are complex and high risk products and as such, you could lose your entire invested capital Virtual currencies can widely fluctuate and may result in significant loss over a short period of time.
You should not trade in virtual currencies in case you do not have the necessary knowledge and expertise in these products. When trading virtual currencies, you will have no rights to report to the Cyprus Financial Ombudsman in case of a dispute with the Company. We are not responsible for financial losses arising from failure, malfunction, interruption, disconnection or malicious actions of information, communication, electricity, electronic or other systems, which are not the result of gross negligence or willful default of the Company.
When working with the client terminal, you assume the risks arising from:. We are not responsible for errors that occur in the operation of the client terminal and will not compensate losses resulting from errors in the operation of the client terminal. The Company ensures to take all reasonable measures to deflect such attacks and provide you with a secure and smooth trading experience. You must understand that when concluding transactions over the phone, you may encounter difficulty getting through to an operator, especially during peak times.
It is should be noted that currently, the Company does not accept orders over the phone. You must understand that the unencrypted information transmitted by e-mail is not protected from any unauthorized access. Additionally, you agree that orders may not be executed at declared prices and there is a chance that they may not be executed at all. Abnormal market conditions include but are not limited to: You also assume responsibility for trading and non-trading operations performed within countries where they are restricted or prohibited by law.
Laws regarding financial trading and contracts may be different throughout the world. It is your obligation to make certain that the use of our services is fully compliant with any law, regulation or directive applicable in your country of residence. The ability to access our website or any related website found from a link on our website does not mean that our services or any related activities are legal under the laws of your country of residence.
These services should not be used by anyone in any jurisdiction in which these services are not authorized or unlawful. All users are required and responsible to check trading regulations related directly or indirectly to the Financial Instruments offered by the Company in their respective countries before registering at our trading platform.
All of your instructions are sent to our server and executed in order. Therefore, you cannot send a second order until your previous order has been executed. If a second order is received before the first is processed, the second order will be rejected. You assume responsibility for any unplanned trading operation that may be executed if you re-submit an order before being notified of the results of the first order.
You must understand that closing the order window or position window does not cancel a submitted order. You acknowledge that only the quotes received from our server are authoritative. If there is a problem in the connection between your client terminal and our server, you can retrieve undelivered quote data from the client terminal's quote database.
You must be aware of the risk that information sent via unencrypted email may be accessed by unauthorized parties. We are not responsible for financial losses arising from delayed or failed receipt of a Company message. You are responsible for the security of the credentials for your Personal Area and trading accounts as well as the confidential information that we send you.