MARGIN TRADING INVOLVES SIGNIFICANT RISK TO YOUR INVESTED CAPITAL
EUR - Euro
This refers to the official currency of the Eurozone which is shared by 18 of the 28 member states of the European Union. It's also used by European Union institutions and four other European countries. The euro has a currency code of EUR and is symbolized by €. It was originally adopted as a virtual and accounting currency in 1999, and it wasn't until 1st January 2002 that it became the accepted currency of the European Union. During this time, the physical euro coins and paper notes were introduced. As a single currency, the euro offers many advantages as it facilitates trade between the members of the Eurozone.
The euro is one of the most traded currencies in the world, coming second after the U.S. dollar. It is featured in all cross pairs, with EURUSD being the world's most actively traded combination. The European Central Bank (ECB) is responsible for the monetary system of the European Union and the euro currency. Monetary policy decisions made by the ECB can have significant impacts on the euro. Other factors that affect the exchange rate of the euro include Eurozone GDP, the balance of payments, CPI as well as the political situation of the member countries.
RISK WARNING: Our products are traded on margin and carry a high level of risk, thus it is highly possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Please review our Risk Warning ‘Risk Disclosures for Financial Instruments & Investment Services’.
LICENCES AND AUTHORISATIONS
TTCM Traders Capital Limited (herein "TTCM BM" or "Traders Trust") is a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrar of Companies under Company number 54135, with registered address 5th Floor, Andrew’s Place, 51 Church Street, Hamilton HM 12, Bermuda.
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