{
    "success": true,
    "data": {
        "leverage": true,
        "derivates": true,
        "swaps": false,
        "inverse": true,
        "replication_method": "synthetic",
        "ucits": true,
        "type": "ETP",
        "complex_factors": [
            "Leverage",
            "Inverse Strategy",
            "Derivatives (FX Forwards)",
            "Daily Compounding Risk"
        ],
        "classification": "complex",
        "supporting_data": "The product is classified as complex based on several key factors. Firstly, it employs 3x daily leverage and has a short (inverse) objective, both of which are inherently complex features. The strategy relies on derivatives (FX forward contracts) as its core mechanism to achieve its investment objective, not for efficient portfolio management, which points to a complex classification under MiFID II. The Key Information Document (KID) explicitly highlights complexities that are difficult for a typical retail investor to understand, such as the daily reset of the leverage factor leading to a 'compounding effect' and the impact of 'rolling' forward contracts. The product's recommended holding period is only one day, which is characteristic of highly speculative and complex instruments. The risk indicator is 7/7, the highest possible, reflecting structural complexity beyond simple market risk. Finally, the KID includes a mandatory comprehension alert: 'You are about to purchase a product that is not simple and may be difficult to understand,' confirming the manufacturer's own assessment of its complexity.",
        "final_assessment": "Complex"
    }
}