Risk Warning: Financial products such as trading stocks, foreign exchange (forex), derivatives (options, futures), and cryptocurrencies carry a high risk of capital loss. These investments are not suitable for all investors, and it is important to assess your risk tolerance before committing. Leveraged trading can magnify your gains, but also your losses. Before any transaction, it is advisable to be well educated, understand the mechanisms of these markets, and only invest amounts you are prepared to lose. Cercle PPM declines all responsibility for any financial losses. Please consult a licensed financial advisor if necessary. In France, the Autorité des Marchés Financiers (AMF) reminds us that any investment in financial products must be made with caution and discernment.