Response from Royal Broker:
20 April 2021 at 04:41
It is clear from what you have said that you do not have accurate and sufficient information about financial markets and brokerages.
To enter the financial markets, be sure to get enough information and knowledge about the nature and risks of financial markets before entering.
Forex and CFDs are complex instruments and come with a high risk of losing money due to leverage. You should consider whether you understand how Forex and CFDs work, and whether you can afford to take the high risk of losing your money. All trading involves risk.
The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
Trading in Forex and CFDs carries significant risk to your invested capital and it is possible to lose your investment. Please read and ensure you fully understand our risk disclosure.
Disclosure of Risk Trading and the execution of financial transactions similar to those described and/or resulting from this agreement, with or without the use of high financial leverage, is speculative trading of high risk. You must carefully and seriously consider whether this type of financial activity suits your needs, your financial resources, and personal circumstances. As the risk of losing some, or all, of the invested funds in a relatively short period of time is high, it is recommended that you use only funds which you have earmarked for speculative, high-risk financial transactions. In particular, be aware of the following points:
1. High financial leverage in the trading of currency, commodities, and other financial assets is created based on collateral of a low sum relative to the total transaction. The results of trading with high financial leverage are that a small change in market prices, within a short period of time, may cause substantial gain or loss, proportional to the size of the collateral, up to the total loss of the collateral sum in a very short period of time.
2. The fluctuation of the rates in the currency markets, commodities and financial derivatives are often sharp without the ability to forecast the size or direction of the change or the time-frame in which it occurs. This warning does not cover all the possible risks connected with this type of transactions described and/or result from this agreement.
We are aware of your loss, but this is an unchangeable part of the financial markets.
I hope you continue to work in the financial markets with full knowledge based on risk management and investment management and continue to achieve great financial success.