1. Nature of CFD and FX Trading

Contracts for Difference (CFDs), forex, and other leveraged derivatives are complex financial instruments. Their value can move sharply in short time frames. Leverage magnifies both gains and losses, meaning you can lose your entire deposit and, in some cases, more.

2. No Guarantee of Profit

Past performance is not indicative of future results. Hypothetical, simulated, or back-tested results have inherent limitations. ShaFX makes no representation that any trading strategy or approach will result in profit.

3. ShaFX is Not a Broker or Adviser

ShaFX is a rewards platform. We do not execute trades, hold client funds, or provide personalised investment, legal, tax, or financial advice. Decisions to trade are made solely by you. Any educational material on the Service is for general information only.

4. Market Risk

Markets can be volatile. Gaps, slippage, low liquidity, news events, and technical failures may cause prices to move against you faster than you can react. Stop-loss orders are not guaranteed to execute at the requested level.

5. Counterparty & Broker Risk

Your trades are placed with a third-party broker. The financial soundness, regulation, and execution quality of that broker are the broker’s responsibility. We list regulated brokers, but we do not guarantee their solvency or conduct. Review your broker’s own risk disclosures and regulatory status before depositing funds.

6. Leverage Risk

High leverage means a small adverse market move can result in a large loss relative to your deposit. Always understand the margin requirements and liquidation rules of your account.

7. Operational & Technical Risk

Internet connectivity issues, platform downtime, broker server failures, and other technical problems can prevent you from placing or closing trades. Maintain risk parameters that protect you from such events.

8. Cryptocurrency CFDs

Crypto CFDs are particularly volatile and may be subject to weekend gaps, exchange disruptions, and regulatory changes. Treat as higher-risk than traditional FX.

9. Tax Implications

Trading profits and cashback may be subject to tax in your jurisdiction. ShaFX does not provide tax advice. Consult a qualified tax professional.

10. Suitability

Before trading, consider your investment objectives, level of experience, risk appetite, and ability to absorb losses. Only trade with capital you can afford to lose. If in doubt, seek independent financial advice.

11. Acknowledgement

By using ShaFX and any linked broker account, you acknowledge that you have read, understood, and accepted the risks described above.

12. Contact

Questions? Email hello@shafx.net.