Risk warning
Foreign exchange trading, contracts-for-difference (CFDs), and other leveraged instruments carry a high level of risk and may not be suitable for everyone. Leverage can work for you and against you, and it is possible to lose more than your initial deposit. Most retail investor accounts that trade these products lose money.
Before deciding to trade, consider whether you understand how these products work and whether you can afford to take the high risk of losing money. If in doubt, seek advice from a licensed financial professional.
1. Educational information only
All content on ForexBasics.org — articles, lessons, glossary entries, calculator outputs, and the broker selection guide — is published for general educational and informational purposes. It is not, and should not be treated as:
- Personalised investment, financial, tax, accounting, or legal advice;
- A recommendation, solicitation, or offer to buy, sell, or hold any currency, CFD, security, or other financial instrument;
- A forecast or prediction of future market movements;
- A suggestion that any specific trading strategy will be profitable or appropriate for your circumstances.
Every reader's financial situation, objectives, and risk tolerance are different. What is reasonable for one person may be reckless or pointless for another. Make decisions in light of your own circumstances and, where appropriate, with the help of a regulated adviser.
2. No professional relationship
Reading the site, using the calculators, or emailing the editorial team does not create a client, fiduciary, advisory, or other professional relationship with ForexBasics or anyone associated with the site. We do not know your portfolio, your jurisdiction, your tax position, or your risk capacity, and we cannot tailor general content to those facts.
3. Accuracy and changes
The editorial team makes a reasonable effort to keep content accurate and up to date, but financial markets and the rules around them change. Spreads change. Regulators publish new guidance. Brokers reorganise. Some pages will fall behind reality before the next review pass.
Treat any figure or example on the site as illustrative unless it is sourced from a primary document at the time you check it. Verify regulatory information directly with the regulator and verify broker terms directly with the broker.
4. Calculators
The calculators on this site (position size, pip value, profit/loss, margin, pivot points, Fibonacci) run entirely in your browser using values you enter. They apply standard arithmetic and do not connect to any broker, do not use live prices, and do not know about your account. Their output is a planning aid, not a quote. Always confirm exact figures with your broker before placing a trade.
5. Third-party links and content
The site links to external resources — regulators, broker websites, Google's documentation, browser help pages, and similar — for reader convenience. ForexBasics has no control over the content, policies, or practices of those third parties, and including a link is not an endorsement.
If a third-party site collects information about you, that collection is governed by the third party's own privacy policy. Read it before submitting data.
6. No affiliated brokers
The site does not currently operate paid affiliate, referral, or introducing-broker arrangements. If that ever changes, the affected pages will disclose it explicitly. The broker-selection page describes what to look for in general terms and does not endorse, rank, or recommend any specific firm.
7. Past performance
Where lessons discuss historical market behaviour, those descriptions are illustrative. Past performance is not a reliable indicator of future results. A strategy that has worked in the past may stop working in the future; a strategy that has lost money in the past may have a long winning streak ahead. Both are equally untrustworthy as predictions.
8. Jurisdiction and legality
The legality and regulation of forex and CFD trading differ by country. Some jurisdictions prohibit or restrict retail CFD trading; some require disclosures we do not display by default; some apply tax treatments that materially affect outcomes. You are responsible for ensuring that any activity you undertake — trading, using a particular broker, or otherwise — is lawful where you live. For specifics, consult a qualified professional in [Jurisdiction].
9. Limitation of liability
To the extent permitted by applicable law, ForexBasics and its contributors are not liable for any direct, indirect, incidental, consequential, or other losses arising from your use of, or reliance on, the site or its content. This includes, without limitation, losses from trading decisions, technical errors in calculators, broken links, or interruptions to the site.
If you do not agree with this limitation, your sole remedy is to stop using the site.
This Disclaimer should be read alongside the Terms of Service, the Privacy Policy, and the Cookie Policy. Together those documents describe the basis on which ForexBasics is published.