CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When opening a CFD account, you'll need to complete a short questionnaire to assess your trading knowledge and experience. Since CFDs are complex financial products, this step ensures you understand the risks involved before trading.
What happens after the tests?
- If you pass the questionnaire: You can proceed with the account verification process.
- If you don’t pass: Your account will enter a cooldown period, meaning you’ll need to wait before retaking the test. Once the cooldown ends, you can try again.
Can I retake the test?
- Trading 212 UK Ltd.: You have the option to watch three educational videos covering key topics from the questionnaire. After completing them, you can retry the test immediately.
- Other Trading Entities: You must wait until the cooldown period ends before retaking the test.