All investments involve risk, please consider these risks carefully before investing. Morpher is a financial technology company, not an exchange, brokerage, or custodian.
Virtual Markets: Any financial markets mentioned are only available as Virtual Markets. Virtual Markets are synthetic instruments, built using blockchain protocols, that grant users exposure to the price development of various assets. Virtual Markets do not provide ownership or any investment claim to the assets they may be derived from. Virtual Markets are not tradable, transferable, or standardized. Virtual Markets are not derivatives, CFDs, securities, derivative securities, money-market instruments, or any other financial instrument under MiFID II and the Austrian Securities Supervision Act. Virtual Markets are not options, futures, swaps or forward rate agreements because there is no obligation for future performance at a certain or designated future date.
Zero Trading Fees: Morpher does not charge users any commissions to trade. Trades may incur a spread, however Morpher does not collect or profit from them. Spreads are variable and subject to change. Users may incur fees from non-trading transactions such as deposits and withdrawals, especially when involving third-party services or third-party blockchains.
No Minimum Capital Requirement: You may invest any amount greater than 0.01 MPH in each market. This is separate from account requirements. For example, to transfer funds off the platform, you must meet the minimum deposit threshold of $50. Account requirements are subject to change, please see help center for the most up to date details.
Portfolio Value: Your investment portfolio on Morpher is not a bank-insured deposit. Returns are not guaranteed, your portfolio may lose value. All investments are denominated in Morpher Tokens (MPH) and subject to currency risks. You are the custodian of your own funds, Morpher does not safeguard any private cryptographic keys on behalf of users, including wallets that hold Morpher Tokens.
Currency Risk: Your account with Morpher will be held in Morpher Tokens (an ERC20 cryptocurrency), accordingly you should be aware of cryptocurrency price fluctuations. Morpher Tokens could result in a loss for the user placing a trade on the Virtual Market, even if the prediction of the underlying's development was correct.
No Counterparty: Morpher is not an exchange, brokerage, or custodian. Users place trades by interacting directly with a blockchain protocol, there is no order matching. Users can close their positions independently, without the need to find a counterparty or intermediary for their trade.
Some of the features listed may be subject to additional conditions and restrictions, and may not be available for all accounts.