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Risk warning
Phemex carries risks associated with volatility, leverage, hacking, and regulatory issues. Traders should take steps to manage these risks, such as using stop-loss orders and only trading with funds they can afford to lose.
Risk warning
CFDs are complex instruments and come with a high risk of losing money rapidly because of leverage. 71% of the retail investor accounts lose money when they are trading CFDs with this provider. You should consider whether you understand how CFDs, forex work and whether you can afford to take the high risk of losing your money.
$200