This service utilises demo accounts only. Accordingly, all information provided on this site is intended solely for educational purposes related to trading on the financial markets and does not serve as specific investment advice, business recommendation, investment analysis or similar general recommendation regarding the trading of any investment instruments. Stocknet FX Limited, operator of the platform siworld.io (website), is not a broker-dealer or a brokerage and does not process, facilitate, or transmit any financial transactions of any kind. Likewise, the Company does not buy, sell or deal in any financial instruments as a dealer or principal, under any circumstances. The services provided by the company are technology solutions that utilise only a virtual environment, using virtual funds at all stages of cooperation. Nonetheless, it is important the customer is aware of the risk associated with their use of the platform.
Although you are not dealing with live financial products, you should understand that CFD trading is high risk and is not suitable for all investors. You must consider your personal objectives, financial situation and needs, and seek independent advice if necessary. You should not deal in CFDs unless you understand the nature of the contract you are entering into and the extent of your exposure to risk from that contract. Use of this platform and the results and progress generated may not be replicated in a live environment where you are subject to true market forces
Unlike an actual performance record or live trading, simulated results and trading do not represent actual trading. As the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Likewise, trading simulated markets may seem easier than live markets due to varying confidence levels and psychological approach that is associated with trading your own capital. The prices of the underlying securities, currencies, commodities, financial instruments or indices may fluctuate rapidly, over wide ranges and in reflection of unforeseen events or changes in conditions, none of which are within your control. It will also be influenced by unpredictable events, including but not limited to:, changing supply and demand relationships, governmental, agricultural, commercial and trade programs and policies, national and international political and economic events, and the prevailing psychological characteristics of the relevant marketplace.
The leverage involved in trading CFDs means that both gains and losses are magnified. In other words, a relatively small market movement can lead to a proportionately larger movement in the value of your investment; this can work against you as well as for you. The ‘leverage’ involved in trading CFDs means that a small initial margin payment can potentially lead to significant losses. You should also be aware that the vast majority of users of leveraged financial products such as CFDs lose money, with many losing all of their capital. By using such products, you should be aware that this can happen to you. The potential for profit or loss from CFDs relating to a foreign market or denominated in a foreign currency will be affected by fluctuations in foreign exchange rates. It is possible to incur a loss if exchange rates change to your detriment, even if the price of the instrument to which the CFD relates remains unchanged.