(1) Market risk. Due to the leverage of margin trading, when there is an unfavorable market, the slight changes in the stock price index may cause investors to suffer greater losses. When the price fluctuates violently, it will even be forced to close the position because of insufficient funds, resulting in heavy losses.

(2) Operational risk. Losses may be caused due to technical failure of the trading system or investors' operational errors.

(3) The risk of compulsory liquidation. Futures trading shall be carried out by futures exchanges and futures brokerage companies on a daily basis. In the settlement stage, because the company has to settle the traders' profits and losses according to the settlement results provided by the exchange every day, when the futures price fluctuates greatly and the margin cannot be replenished within the specified time, the traders may face the risk of being forced to close their positions.

(4) delivery risk. Futures contracts are time-limited. When the contract expires, all open contracts must be delivered in kind. Customers who are not ready for delivery should close their positions in time before the expiration of the contract so as not to bear the delivery responsibility.