Trading Foreign Exchange (Forex) and Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite.
There is a significant possibility that you could sustain a loss of some or all of your initial investment. Therefore, you should never invest money that you cannot afford to lose. Under certain market conditions, you may lose more than your initial deposit.
Financial markets can be highly volatile. Prices may move rapidly against your position, leading to "slippage" or the inability to execute a trade at your desired price. OngFX LTD. is not liable for losses caused by extreme market volatility, economic news events, or gaps in market pricing.
Leverage allows you to control a large position with a small deposit. While this can magnify profits, it equally magnifies losses. Even a small market movement can have a proportionately large impact on your account balance.
OngFX LTD. operates as an execution-only broker. Any market commentary, signals, analysis, or information provided on ongfx.co is for educational and informational purposes only. It does not constitute financial or investment advice. You are solely responsible for your trading decisions.
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Risk Warning: Trading foreign exchange (Forex) on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Past performance is not indicative of future results. Ong FX LTD does not provide financial advice, and all content provided on this website is for educational and informational purposes only.