Due to the potential for losses, the Financial Conduct Authority (FCA) considers these investments to be high risk.

1. You could lose all the money you invest.

• If the business offering this investment fails, there is a high risk that you will lose all your money. Businesses like this often fail as they usually use risky investment strategies.

• Advertised rates of return aren’t guaranteed. This is not a savings account. If the issuer doesn’t pay you back as agreed, you could earn less money than expected or nothing at all. A higher advertised rate of return means a higher risk of losing your money. If it looks too good to be true, it probably is.

2. You are unlikely to be protected if something goes wrong.

• The business offering this investment is not regulated by the FCA. Protection from the Financial Services Compensation Scheme (FSCS) only considers claims against failed regulated firms. Learn more about FSCS protection here.

• The Financial Ombudsman Service (FOS) will not be able to consider complaints related to this firm. Learn more about FOS protection here.

3. You are unlikely to get your money back quickly.

• This type of business could face cash-flow problems that delay payments. It could also fail altogether and be unable to repay investors their money.

• You are unlikely to be able to cash in your investment early by selling it. You are usually locked in until the business has paid you back over the period agreed.

4. This is a complex investment.

• This investment has a complex structure based on other risky investments. This makes it difficult for the investor to know where their money is going.

• This makes it difficult to predict how risky the investment is, but it will most likely be high.

• You may wish to get financial advice before deciding to invest.

5. Don’t put all your eggs in one basket.

• Putting all your money into a single business or type of investment for example, is risky. Spreading your money across different investments makes you less dependent on any one to do well.

• A good rule of thumb is not to invest more than 10% of your money in high-risk investments. Learn more about diversification.

Specific Product Risks

CFDs (Contracts for Difference)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. At least 72.5% of retail investor accounts lose money when trading CFDs with the broker. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Cryptoassets (NOVA & XCHANGE Series)

The risk of loss in trading or holding cryptoassets can be substantial. Cryptoasset services are not covered by the UK Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service (FOS). The value of digital assets can be extremely volatile and unpredictable.

Automated Trading Risks

While Xenith Capital utilizes advanced algorithmic technology, automated trading systems are subject to technical risks. These include, but are not limited to, internet connection failures, hardware malfunctions, or software errors at the broker level. Xenith Capital is not liable for losses resulting from technical failures or market conditions that exceed the parameters of the strategy.

Regulatory Status

Xenith Capital is not authorised or regulated by the Financial Conduct Authority (FCA). We operate as a Strategy Provider to Pelican Trading, a trading name of London & Eastern LLP. London & Eastern LLP is authorised and regulated by the Financial Conduct Authority in the UK (Firm Reference No. 534484), with its registered office at 78 York Street, London, W1H 1DP.

All execution, custody of funds, and brokerage services are provided by Vantage Global Limited, which is authorised and regulated by the VFSC (Reg No: 700271). Xenith Capital does not hold or control client funds at any time.

Past Performance

Past performance is not a reliable indicator of future results.