This notice provides you with information about the risks associated with investment products, in which you may invest, through services provided to you by Multiply Trade Inc.
Investment products offered by Multiply Trade Inc, include stocks, Exchange-Traded Funds (ETFs) and cryptocurrencies, in which you gain ownership of the underlying asset. In addition, Multiply Trade Inc, offers contracts for differences (CFDs) that offer exposure to currencies, commodities and indices.
Multiply Trade Inc, also offers investors the opportunity to buy the underlying cryptocurrencies, stock or ETFs (i.e., BUY transactions for said assets using leverage 1) hold such assets and subsequently sell such assets. All transactions relating to cryptocurrencies are subject to the Cryptocurrencies Trading Addendum (“Cryptocurrencies Trading Addendum”).
Since Cryptocurrency markets are decentralised and non-regulated, our Cryptocurrencies Trading Services as such term is defined in the Cryptocurrencies Trading Addendum, are unregulated services which are not governed by any specific European regulatory framework (including MIFID). Therefore, when Multiply Trade Inc, (Europe) Ltd. customers use our Cryptocurrencies Trading Service, they will not benefit from the protections available to clients receiving regulated investment services such as access to the Investor Compensation Fund for Customers of Cypriot Investment Firms and the UK Financial Ombudsman Service for dispute resolution. Multiply Trade Inc, (Europe) Ltd. customers will continue to benefit from the rules relating to best execution and client money and safekeeping of client assets. Multiply Trade Inc, (UK) Ltd. customers using the Cryptocurrencies Trading Service only will not benefit from the protections available to clients receiving regulated investment services such as access to the Financial Services Compensation Scheme (FSCS) and the Financial Ombudsman Service for dispute resolution. We will endeavour to enable you to benefit from rules relating to best execution and safekeeping of client assets.
All of these products carry a high degree of risk and are not suitable for many investors. This notice provides you with information about the risks associated with these products, but it cannot explain all of the risks nor how such risks relate to your personal circumstances. If you are in doubt, you should seek professional advice. It is important that you fully understand the risks involved before deciding to trade with Multiply Trade Inc,, that you have adequate financial resources to bear such risks and that you monitor your positions carefully. Trading involves risk to your capital. You should not invest money that you cannot afford to lose, however, you cannot lose more than the equity in your account.
Despite anything stated in the terms and conditions or
this general risk disclosure, French residents are
entitled to intrinsic protection. Consequently,
regardless of market volatility, their maximum loss per
transaction shall be the total amount invested in that
transaction, as adjusted by the user periodically.