{
    "leverage": true,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "ucits": false,
    "type": "ETP",
    "complex_factors": [
        "Leverage (2x daily performance)",
        "High risk profile (Class 6/7)",
        "Short-term holding recommendation (1 day)",
        "Potential for significant losses"
    ],
    "classification": "complex",
    "supporting_data": "The product is classified as complex primarily due to its leveraged nature (2x daily performance), which introduces significant risk and requires sophisticated understanding. The KIID explicitly states that the product is 'not simple and may be difficult to understand,' and the risk indicator is at the highest level (6/7). The recommended holding period is 1 day, indicating that the product is designed for short-term trading and not suitable for long-term investors. The product does not use derivatives or swaps for replication but instead uses margin (borrowing) to achieve leverage, which is a form of derivative-like exposure. The high risk profile and the need for frequent monitoring further support the classification as complex.",
    "confidence": 90
}