Disclosures & Risk Warning
FDM public disclosures and risk warning
The National Futures Association (NFA) requires Forex Dealer Members (FDM), like Trading.com, to disclose certain information to you on its website. In accordance with these rules, Trading.com is providing the following information:
Client transaction data report
NFA Rule 2-36(o) requires that we disclose to you, upon your request, with respect to a particular forex transaction that you have executed with us, the following transaction data for the 15 forex transactions that occur immediately before and the 15 forex transactions that occur immediately after your transaction in the same currency pair. This is limited to any transactions that occur 15 min before and after your transaction (collectively 'Transaction Data Report'):
- Execution date and time (to the nearest millisecond in Eastern time)
- Customer side (i.e. buy or sell)
- Quantity
- Currency pair
- Execution price (including any mark-up)
- Commission and other charges assessed by the FDM (if applicable)
- Currency denomination of commission or other charges
Performance of non-discretionary retail forex customer accounts*
No data currently available
*Past performance is not necessarily indicative of future results.
Risk warning
Before engaging in any type of foreign currency trading, you should carefully consider the risks involved by examining your experience as well as investment objectives and risk tolerance. Most importantly, do not invest money you cannot afford to lose, and it is advisable never to invest in borrowed funds.
Trading in foreign currency products carries with it a high degree of risk. Some of those risks include, but are not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially impact the price or liquidity of a currency or currency pair. The leveraged nature inherent in forex trading means that any market movement will have an equally proportional effect on your funds on deposit with us. This leveraged feature of forex trading may work for you as well as against you. It is possible that you could sustain a total loss of your initial margin deposit and be required to deposit additional funds to maintain your position. Your failure to meet your obligation to deposit additional funds may result in your position being liquidated and requiring you to satisfy any losses that may result.
There are also risks associated with trading foreign exchange products on an internet-based trading system. Some of these risks include, but are not limited to, the failure of hardware, software and internet connectivity. Trading.com is not responsible for communication failures or delays when trading over the internet. Trading.com employs backup systems and contingency plans to minimize the possibility of system failure.
While there is always a risk that unanticipated events and activity on a trading system may occur, we make best efforts to certify, predict and monitor our systems to provide the best possible client experience. Our systems are continuously adjusted to be scalable and largely exceed current demand and usage. A performance baseline is identified and there is a continuous and periodic review of order and trade placement and execution times. There are also risks associated with trading over the internet, including but not limited to hardware, software, and the failure of the internet connection itself. Trading.com is not responsible for delays or failures outside of its system(s). Trading.com has contingency systems and plans in place, to minimize operational difficulties and disruptions as part of a defined process outlined in our BC/DR plan. In case of Trading.com system failures, trading via telephone is available for liquidation transactions only.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Trading.com is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Trading.com has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.
Mid-point spread cost
The only cost per trade you will pay is the mid-point spread cost*. As defined by NFA Rule 2-36, the spread cost is the difference between the price at which we execute your market order and the mid-point of the bid/ask spread at the time we receive your order. For pending orders (limit and stop), the spread cost is calculated using the mid-point of the bid/ask spread at the time your order is triggered.
The spread cost may deviate from the average spread cost for an instrument during volatile and illiquid market conditions, as the time interval between when an order is received and when it is executed may increase. The spread cost per trade is clearly stated on your account statements and on the Trading.com webtrader and mobile app.