This brief statement does not disclose all of the risks and other significant aspects
of trading in foreign exchange ("forex" or "FX"). In light of the risks, you should
undertake such transactions only if you understand the nature of the contracts (and
contractual relationships) into which you are entering and the extent of your exposure
to risk. Trading in foreign exchange is not suitable for many members of the public
therefore you should not invest money that you cannot afford to lose.
What you should know before you start trading forex
You will not be charged a commission per trade. However, you will be charged a spread
between the buy and sell quotes, which will impact your profits.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction
involving currencies involves risks including, but not limited to, the potential for changing
political and/or economic conditions that may substantially affect the price or liquidity of
a currency.
Read more about spreads
Margin / Leverage
Trading foreign exchange on margin carries a high level of risk. It is possible that you could sustain
a loss of some or all of your investment. You should carefully consider whether trading is appropriate
for you in light of your experience, objectives, financial resources and other relevant circumstances.
The leveraged nature of forex trading means that any market movement will have an equally proportional
effect on your deposited funds. This may work against you as well as for you. You could sustain a total
loss of initial margin funds and be required to deposit additional funds to maintain your position. If
you fail to meet any margin call within the time prescribed, your position will be liquidated and you
will be responsible for any resulting losses. Investors may lower their exposure to risk by employing
risk-reducing strategies such as stop-loss or limit orders.
Read more about margin and leverage
Read more about risk-reducing strategies
On-line trading
There are risks associated with using an Internet-based trading system. These include the failure of
hardware, software and Internet connection. Questrade does not control signal power, reception or
routing on the Internet, configuration of your equipment or reliability of its connection. We cannot,
therefore, be responsible for communication failures, distortions or delays when trading via the
Internet. Questrade Inc. employs back-up systems and contingency plans to minimize the possibility
of system failure.
Read more about security
Market commentary
All opinions, news, research, analysis, prices or other information contained on the Questrade
website are provided as general market commentary and do not constitute investment advice.
Questrade Inc. will not accept liability for any loss or damage, including, but without limitation
to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
The Questrade website
The content on the Questrade website is subject to change at any time without notice and is
provided for the sole purpose of assisting traders in making independent trading decisions.
We have taken reasonable measures to ensure the accuracy of the information on the site,
however, Questrade Inc. does not guarantee its accuracy and will not accept liability for
any loss or damage which may arise directly or indirectly from the content or your inability
to access the site, for any delay in or failure of the transmission or the receipt of any
instruction or notification sent through this site.