Risk Disclosure Statement
Last updated: January 2026 • Emerald Ltd (Licence SD193)
1. Nature of Contracts for Difference (CFDs)
CFDs are complex derivative products that allow clients to speculate on price movements in underlying financial instruments (such as forex pairs, crypto assets, indices, equities, and commodities) without taking physical delivery of the underlying asset.
CFD trading involves high financial risk. Prices of CFDs are influenced by market fluctuations, liquidity depth, geopolitical events, macroeconomic releases, and volatility.
2. Leverage and Gearing Risks
Leverage enables you to open positions significantly larger than the initial collateral (margin) deposited. While leverage can amplify profits if the market moves in your favor, it equally amplifies losses if the market moves against you.
A relatively small price movement in an unfavourable direction may result in the complete loss of the margin allocated to that position or trigger automatic stop-out liquidations across your account.
3. Margin Requirements and Liquidations
Clients must maintain adequate margin at all times to keep open positions active. If market movements cause your account margin level to fall below the required stop-out threshold, our automated risk engine reserves the right to close out some or all of your open positions without prior notice.
You are solely responsible for monitoring your open trades, available margin, and exposure levels.
4. Market Volatility and Gapping (Slippage)
Financial markets can experience rapid, unpredictable price shifts. Gapping occurs when the price of an instrument jumps from one level to another without trading at intermediate prices, frequently observed during major economic announcements, weekend market openings, or sudden geopolitical developments.
In volatile or illiquid market conditions, orders—including stop-loss orders—may be executed at a price significantly different from the requested price (slippage). Execution at the exact requested price cannot be guaranteed under all market circumstances.
5. Technical and Connectivity Risks
Trading through an online platform involves operational risks, including unexpected hardware failures, software disruptions, internet latency, telecom connection drops, or power outages. While Agera maintains high-availability cloud infrastructure and redundancy, we are not liable for losses caused by client-side connectivity failures.
6. Regulatory Jurisdiction & Restricted Territories
Agera is a brand operated by Emerald Ltd, an investment firm authorised and regulated by the Seychelles Financial Services Authority (FSA) under licence number SD193.
Agera does not offer services to residents of certain restricted jurisdictions, including the United States, Iran, North Korea, Myanmar, and Russia, or any jurisdiction where such distribution would be contrary to local law. Please review our Terms of Service and Regulation Statement.
7. Independent Financial Advice
No information or analysis provided on the Agera platform constitutes investment, tax, or financial advice. If you are uncertain about the risks involved in leveraged derivative trading, you should seek guidance from an independent, licensed financial advisor before opening an account or placing trades.
