Risk Warning

Trading foreign exchange on margin carries a high level of risk and  may not be suitable for all investors. The high degree of leverage can  work against you as well as for you. 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 in excess of your initial investment. 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.