Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all

investors. Past performance is not indicative of future results. The high degree of leverage can

work against you as well as for you. Before deciding to invest in 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 your initial investment and

therefore you should not invest money that you cannot afford to lose. You should be aware of

all the risks associated with foreign exchange trading, and seek advice from an independent

financial advisor if you have any doubts.