Trading offers significant potential returns, but it’s crucial to remember the inherent risks, including potential partial or complete capital loss. Approximately 70% of traders face losses.
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Before taking investment steps, take a moment to meticulously read the Terms & Conditions and Disclaimer on the external investing platform. Stay informed about any relevant capital gains tax based on your residential country. Soliciting US citizens to buy or sell commodity options, even those labeled ‘prediction’ contracts, is unlawful unless conducted on a CFTC-approved exchange or if legally exempted.
Moreover, the Financial Conduct Authority (FCA) issued policy statement PS20/10, which restricts the promotion, sale, and distribution of Contracts for Difference (CFDs) related to cryptocurrency in the UK. This policy also forbids the sharing of promotional materials on CFDs or other cryptocurrency financial tools targeting UK users.