Psi Markets allows you to trade FX, exchange rates, indices, commodities, futures, cryptocurrencies and other financial assets (CFDs). Trading these assets involves a high level of risk and may not be suitable for all levels of investors.
Factors such as market fluctuations can affect your deposited funds. Fluctuations in price can lead not only to large profits but also to large losses. Assuming such a situation, we recommend that you carry out prudent and realistic transactions.
In case of loss of your initial capital, you will need to deposit additional funds to maintain your position. If the minimum fund requirement is not met, the position will be liquidated and any losses incurred will be the responsibility of the user.
For this reason, we recommend that you carefully evaluate your investment objectives, level of trading or investment experience, and personal risk capacity before trading or investing.
Note: This is just a general risk warning guideline. The purpose of the general risk disclosure is to describe the general nature of the risks of the financial products and services offered on this platform.
The following are the risks you may face when trading at Psi Markets:
- Leverage Risk: Leverage can be high risk as well as high profit. This means your entire investment could be at stake.
- Cryptocurrency Risk: Psi Markets acts as a counterparty for every transaction you make on our platform. When you sell virtual currency, the platform acts as the buyer, and when you buy virtual currency, the platform acts as the seller. You are therefore exposed to the risk that the Platform will not pay your debts. In situations of insolvency of the Company, there is a risk that the security for any debts or obligations assumed by the Platform towards its users will be null and void.
- Volatility Risk: The volatile nature of any virtual currency or digital currency will expose you or the owner of the virtual currency to unpredictable losses. Therefore, Psi Markets does not guarantee the sustainability of digital currency prices in the future. Clients are requested to pay attention to market trends and invest or trade according to their own risk capacity.
- Security risks: Digital currencies stored in trading platform accounts are vulnerable to risks such as hacking, ransom, and theft by malicious actors. If your digital currency is stolen, it may not be possible to recover or trace it.
- Technical risk: The digital currency’s underlying blockchain technology is powered by peer-to-peer networks and cryptography. The system is under the scrutiny of multiple regulatory bodies across the world and could collapse at any time. Technical issues can also prevent users from accessing and using digital currencies.
- OPERATIONAL RISK: There is always the risk of unforeseen operational downtime that prevents access to the Platform and the processing of transactions carried out by you. This can lead to unexpected losses or prevent profits from being made.
- Regulatory risk: Virtual and digital currencies are not fully regulated across the world at this time. Subject to different regulations in different countries. Therefore, regulations regarding digital currencies may change, and if new regulations are introduced, the value of digital currencies may decrease unexpectedly, which may have a negative impact on users. Any regulatory inquiry or action, including without limitation licenses or restrictions on the use, sale or possession of digital currency, may prevent, limit or terminate the Services or your ability to trade digital currency at any time.
- Market Manipulation Risk: “Pump and dump” market manipulation by companies and third parties in the market can affect the price of digital currencies. Therefore, it is advisable to stay informed about market trends before making trading and investment decisions.
- Value risk: Digital currencies are not centrally supported. Its value is therefore backed by technology and trust. This means that protection of the value of digital currency is not guaranteed. There is also no guarantee that the price will be maintained over time. Furthermore, there is a risk that digital currencies will not be accepted as a means of exchange by third parties and companies.
- Encryption Risk: The security of your private key is your sole responsibility. Digital wallet private keys can lead to hacking, theft of personal data and funds if misused. Any damage to the private key is irreversible in nature and is the responsibility of the customer
By using our services, you agree to accept any additional You confirm and approve that you are fully aware of the risks (including risks that we did not foresee at the time of writing).
You are assumed to understand your responsibility to carefully evaluate all risks. Customers should act in accordance with their own financial situation and risk capacity when buying, selling and trading digital currencies.
You also understand that we do not provide any investment, legal or tax advice. You also understand that we do not consider your financial situation, investment or trading objectives, or other personal circumstances. It is therefore your responsibility to seek independent professional advice before deciding to use Psi Markets services, websites and related products.
Note: Digital currency trading is considered a high-risk transaction with highly speculative consequences. We do not guarantee any profits arising from any transaction or other activity related to this website. The risks above are not an exhaustive list and you should carefully consider whether holding or trading digital currency is appropriate for your financial situation. Any decision to opt-in or opt-out of using our services is made at your own choice, discretion and risk.