Foreign exchange margin trading has the following main risks:

1. Leveraged risk: Foreign exchange margin trading utilizes leverage for trading, which means that traders only need to pay a small portion of the trading amount as margin to engage in large-scale trading. However, leverage can also amplify the potential impact of profits and losses. If the market trend does not meet the trader's expectations, the loss may exceed the trader's margin amount, and even result in a complete loss of account funds.

2. Market risk: The foreign exchange market is a highly volatile market, and prices are influenced by various factors, such as economic data, political events, international relations, etc. These factors may cause drastic fluctuations in market prices, thereby affecting the trading of traders. Market risk means that traders are unable to control market trends and may face the risk of losses.

3. Trading risk: Traders may also face risks in their trading decisions and execution. If there are errors in the analysis and judgment of traders, or if traders do not strictly adhere to risk management strategies, such as setting stop loss and stop profit points, it may lead to losses. In addition, traders may also be affected by technical failures or delays in the trading platform, which can affect trading results.

4. Leverage adjustment risk: Due to the volatility of the foreign exchange market, traders may experience fluctuating profits and losses in their accounts. When the net value of an account drops to a certain extent, brokers may require traders to add margin or engage in forced liquidation to reduce risk. This may result in traders losing more funds.

5. Liquidity risk: In some cases, market liquidity may decrease, resulting in fewer buy and sell orders in the market and unstable trading prices. This may result in traders being unable to trade at the expected price or experiencing a sliding point phenomenon, where the trading price deviates from the expected price.

To cope with these risks, traders should have sufficient market knowledge and skills, develop reasonable risk management strategies, such as setting stop loss and stop profit points, controlling trading scale, and avoiding excessive leverage. In addition, traders should closely monitor market trends, adjust trading strategies in a timely manner, and avoid blindly following trends or impulsive trading.