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 of some or all of your initial investment and; therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risk associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. While the Authority has granted a securities or derivatives investment business licence to the Licensee, the Authority does not endorse or vouch for the merits of the products offered by the Licensee. Margined FX and contracts for difference are complex leveraged products which carry a high level of risk and can result in losses that exceed your initial investment. We recommend you seek professional advice before investing.