Risk Disclosure

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.

The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

The high degree of leverage that is often obtainable in forex trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.

You should carefully consider whether trading is appropriate for you in light of your circumstances, knowledge, and financial resources.

Currency prices are highly volatile. Price movements are influenced by, among other things: changing supply-demand relationships; trade, fiscal, monetary, exchange control programs and policies of governments.

Additionally, governments from time to time intervene, directly and by regulation, in certain markets, particularly those in currencies and interest rate related futures and options.

Transactions using an electronic system are subject to the risks associated with the system including hardware and software failure and the result of any system failure may be that your order is either not executed according to your instructions or is not executed at all.