Important information

Risk warning: automated forex trading

Please read this page carefully before you decide anything. We've written it in plain English because we want you to understand exactly what you're getting into.

You can lose some or all of your money

Trading foreign exchange (forex) involves buying and selling currency pairs, such as AUDCAD. Prices move constantly and can move against you quickly. The value of your trading account can go down as well as up, and you may get back less than you put in — or nothing at all.

Only use money you can afford to lose

The money in your trading account should be money you could lose without it affecting your day-to-day life. Please do not use:

• money you need for bills, rent, mortgage payments or living costs;
• your emergency savings;
• pension savings or money set aside for retirement income;
• borrowed money, including credit cards or loans.

Leverage magnifies losses as well as gains

Forex accounts are usually traded on margin (leverage). This means a small price movement can have a large effect on your account balance — in either direction. Your broker will explain the leverage and margin rules that apply to your account. Please read your broker's own risk disclosures carefully.

Automated does not mean risk-free

Our strategy follows a fixed set of rules. That removes emotional decision-making, but it does not remove market risk. Every strategy has losing trades, and there will be losing weeks and losing months. Unusual market events, low liquidity, price gaps (for example over weekends or around major news), slippage, broker outages or technical problems can all lead to losses that are larger than expected.

How a grid strategy can lose money

Our strategy is an automated grid on one currency pair, AUDCAD. When price moves against the open trades, it opens more trades, and later trades can be larger (a martingale-style approach). So when the market keeps moving one way, losses on the open trades can grow faster than the price move and add up quickly. These losses can be large, and in a strong or sudden move they can lead to the loss of all the money in your account. A high number of winning trades in the past does not mean the next losing period will be small.

Past performance is not a reliable indicator of future results

Any results we publish show what happened in the past. They are not a reliable indicator of what will happen in the future. Market conditions change, and a strategy that performed one way in the past may perform differently later.

Your choice of risk level matters

A higher risk level means larger position sizes, which can lead to bigger swings in your account — including bigger losses. A lower level reduces trade size relative to your account. It doesn't prevent losses, and drawdowns can still be large, including total loss of your capital. If you're unsure, speak to an independent financial adviser. You can review your choice at any time.

Not suitable for everyone

This service may not be suitable for you if you cannot afford to lose money, if you need a regular or guaranteed income, or if losses would cause you significant stress or hardship. Rise Together FX does not provide personal financial, investment or tax advice. If you are unsure whether this service is right for you, please speak to an independent financial adviser.

Your account, your broker and your protections

Your funds are held in a trading account in your own name with a third-party broker. We do not hold client money. Your relationship with your broker is governed by their own terms, and protection arrangements depend on the broker and where it is regulated. Please check these before opening an account.

Rise Together FX is not authorised or regulated by the Financial Conduct Authority.

Tax on trading

Any profits from trading may be subject to tax. Tax treatment depends on your individual circumstances and may change. You are responsible for your own tax affairs.