Risk Warning At Provise24, we offer trading opportunities across various financial instruments, including forex, indices, commodities, futures, cryptocurrencies, and other financial derivatives (CFDs). While these opportunities may yield significant returns, they are inherently high-risk and may not suit all investors.
General Risk Advisory
- Market Fluctuations: 2.
- Price fluctuations can result in significant gains or losses. • Clients must be prepared for such outcomes and are advised to trade carefully and pragmatically. Margin and Liquidation Risk: Losses may require additional deposits to maintain positions. • Failure to meet margin requirements can result in the liquidation of positions, and users will be liable for incurred losses. Investment Evaluation: Clients are urged to assess their investment goals, trading experience, and risk tolerance before engaging in trades or investments. Please note: This is a general risk disclosure aimed at outlining the nature of risks associated with financial products and services offered on this platform.
Specific Risks
- Leverage Risk: Leveraged trading magnifies both potential profits and losses. High leverage may lead to the loss of the entire invested amount.
- Cryptocurrency Risk:
- Provise24 acts as the counterparty for cryptocurrency transactions.
- Users face risks of platform non-repayment obligations. • In the event of company insolvency, users may lose their investment with no guarantees of recovery.
- Volatility Risk: Cryptocurrencies are highly volatile, leading to unpredictable losses. Provise24 does not guarantee price stability or future valuation of digital currencies.
- Liquidity Risk:
- Liquidity varies among digital currencies; some may be highly illiquid. Provise24 reserves the right to delist or cease trading of any currency or pair without notice.
- Security Risk: often impossible. Stored
- Technological Risk: Blockchain technology, on which digital currencies depend, may fail due to systemic collapse or technical issues, affecting access and usability. 7. Operational Risk: Unforeseen downtime may hinder access to the platform, causing losses or missed opportunities. 8. Regulatory Risk:
- Cryptocurrencies face varying regulations across jurisdictions. Changes in laws could negatively impact the value or legality of digital currencies. 9. Market Manipulation Risk: Market manipulation, such as pump-and-dump schemes, may affect cryptocurrency prices. Users should remain vigilant and informed about market trends.
- Value Risk: Digital currencies are not centrally backed. Their value relies on technology and trust, without guarantees of stability or acceptance.
- Encryption Risk: The security of private keys to digital wallets is the sole responsibility of users. Lost or compromised keys can lead to irreversible losses.
Acknowledgment of Risks By using our services, you acknowledge and accept the risks associated with trading and storing digital currencies, including potential unforeseen risks not listed in this document. Users are responsible for carefully evaluating their financial situation and risk tolerance before trading. Provise24 does not provide investment, legal, or tax advice. Users must seek independent professional guidance tailored to their circumstances before using our services. Disclaimer TRADING DIGITAL CURRENCIES IS HIGHLY SPECULATIVE AND INVOLVES SIGNIFICANT RISK. The company does not guarantee profits or returns from any activity on its platform. Users are solely responsible for their decision to engage in trading and should ensure they fully understand the associated risks. The choice to use or refrain from using Provise24's services is at your sole discretion and risk.