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Risk Disclosure

Significant Risks of trading in Contracts for Difference (‘CFDs’) and Foreign Exchange (‘Forex’). This notice is provided to you in accordance with the Markets in Financial Instrument Directive (MiFID) of the European Union, because you are proposing to undertake dealings in Contracts for Difference (CFDs) and Foreign Exchange (‘Forex’).

Trading in CFDs and Forex carries with it a very high risk. These products should be regarded as highly speculative instruments. You should not engage in CFDs or Forex unless you understand the nature of the particular transaction you are entering into and the true extent of your exposure to risk of loss. The amount you may gain or lose will vary according to the extent of the fluctuations in the price of the Underlying Instrument to which your trade relates. You may lose the Initial Margin Requirement invested in respect of a particular trade.

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