Summary Risk Disclosure

Trading on margin carries a high level of risk, and may not be suitable for all people. The high degree of leverage can work against you as well as for you. Before deciding to trade on margin you should carefully consider your trading objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your trading capital and therefore you should not trade with money that you cannot afford to lose. You may be liable for losses that exceed the amount of margin that you post. You should be aware of all the risks associated with margin trading, and seek advice from an independent advisor if you have any doubts.

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