Risk Disclosure

JBM Market is an online broker offering contracts for difference (CFDs) on forex, cryptocurrencies, metals, indices and commodities to retail clients. This Risk Disclosure forms part of your client agreement and explains the principal risks of trading CFDs with us. It cannot describe every risk, and you should not open an account or place a trade unless you have read it, understand it, and have considered whether CFD trading is appropriate for you.

A deposit (margin) is held against each open position, and a movement in the underlying market can produce a large profit or loss relative to that deposit. Losses can accumulate quickly and you may lose the entire balance of your trading account. Where negative balance protection is offered on your account type, your losses are limited to the funds in that account; you should nevertheless only trade with money you can afford to lose.

Prices of forex, cryptocurrencies, metals, indices and commodities can move rapidly and unpredictably in response to economic data, central-bank decisions, geopolitical events, news and shifts in market sentiment. High volatility increases the likelihood that stop orders are executed at a worse price than requested, that margin requirements are raised at short notice, and that positions are closed automatically under our stop-out rules.

You must maintain sufficient margin to keep your positions open. If your margin level falls to the margin-call level for your account type, the platform will warn you; if it falls to the stop-out level, JBM Market will close some or all of your open positions automatically, without prior notice, starting with the position showing the largest loss. It is your responsibility to monitor your account, and we are under no obligation to contact you before positions are closed. Margin requirements may be increased at any time, including without notice in fast markets, ahead of scheduled events, and over weekends and holidays.

Cryptocurrency CFDs carry additional risks. Crypto markets trade 24 hours a day, seven days a week, so prices can move sharply while you are unable to react. They are subject to extreme volatility, thin liquidity, regulatory uncertainty in many jurisdictions, exchange and custody failures, network congestion and forks. Where you fund your account in cryptocurrency, the value of your deposit in your account currency may also change between the time you send it and the time it is credited, and blockchain transactions cannot be reversed once broadcast.

Markets can move directly from one price to another with no trading in between (gapping), for example at market open, over weekends, or on the release of significant news. Stop-loss orders, take-profit orders and stop-out closures are executed at the next available price, which may be materially worse than the level you set. A stop-loss order therefore limits, but does not guarantee, the maximum loss on a position.

JBM Market quotes the prices at which you may trade and is the counterparty to every CFD you open with us. Our prices are derived from feeds provided by liquidity and price-feed providers and may differ from prices quoted elsewhere. In abnormal market conditions, or where a quote is obviously erroneous, we may reject or cancel orders or reverse executed trades in accordance with our Client Terms. You have no rights in the underlying asset and cannot take delivery of it.

Trading through an online platform exposes you to risks arising from hardware, software and internet connection failures, including delayed or failed order transmission, platform unavailability, price-feed interruptions and cyber-attacks. JBM Market does not guarantee uninterrupted or error-free operation of its platforms and accepts no liability for losses caused by connectivity failures, third-party service disruptions or events beyond our reasonable control. You should have alternative means of contacting our support team in case the platform is unavailable.

Where you follow a copy-trading strategy or allocate funds to a PAMM or managed account, trades are placed on your account automatically according to the decisions of another trader. You may not be able to review or reject each trade before it is executed, and the strategy provider's risk tolerance may differ from your own. Past performance of any strategy or provider is not indicative of future results, historical returns may reflect favourable conditions that do not recur, and you may lose some or all of the funds you allocate. JBM Market does not endorse, supervise or guarantee any strategy provider.

JBM Market provides an execution-only service. Market commentary, analysis, educational material, webinars, trading signals and other content we publish are general in nature, do not take account of your personal circumstances, and do not constitute investment, financial, tax or legal advice or a personal recommendation. Any decision to trade is yours alone, and you should seek independent professional advice if you are unsure whether CFD trading is suitable for you.

Trading CFDs involves costs including spreads, commissions and, on accounts that are not swap-free, overnight financing (swap) charges that accrue for each night a position is held and can be significant over time. Swap-free accounts may be subject to administrative fees or holding limits instead. These costs reduce your returns and can turn a marginally profitable position into a loss. All applicable charges are shown on the platform before you confirm an order.

The tax treatment of CFD trading depends on your individual circumstances and the jurisdiction in which you are resident, and may change in the future. JBM Market does not provide tax or legal advice and does not report or withhold tax on your behalf unless required by law. You are responsible for ensuring that trading with us is lawful in your jurisdiction; see our Restricted Countries page.

By opening an account and placing a trade with JBM Market you confirm that you have read and understood this Risk Disclosure, that you understand CFDs are products on which you may lose your entire deposit, that you will only trade with money you can afford to lose, and that nothing published by JBM Market constitutes investment advice.