Risk disclosure

Everything on this site concerns perpetual futures — leveraged derivative contracts — offered on centralized exchanges. Before acting on anything you read here, understand what that means:

• Leverage risk. A small adverse price move can liquidate your entire margin. Losses occur faster and are larger than in spot trading. European regulators treat these products as high-risk derivatives for a reason.
• Regulation varies wildly by venue. Some venues covered here offer perpetuals through EU-licensed investment entities with capped leverage and appropriateness tests. Others are offshore and not licensed by any financial regulator relevant to you — no deposit insurance, no investor-compensation scheme, and usually no legal recourse if funds are lost. Every review states which case applies. A licence limits how a product may be sold to you; it does not make losses less likely.
• Custody risk. Funds on a centralized exchange are held by that exchange. Exchange failures, freezes, and withdrawal halts have repeatedly cost users their balances.
• Volatility and funding costs. Crypto markets move violently and perpetuals charge ongoing funding payments that can erode positions.
• Jurisdiction restrictions. Venues restrict access from certain jurisdictions. It is your responsibility to know whether use is lawful where you live. We do not assist with circumventing restrictions.

Nothing on this site is investment, legal, or tax advice. Content is editorial information for readers who have independently decided to research these platforms. Never trade with funds you cannot afford to lose entirely.