Undertaking trading of any financial asset and/or derivative, including, but not limited to, equities and stocks, currency derivatives and foreign exchange (FX), metals, commodities, futures contracts, forward contracts, contracts for difference (CFDs), options, exchange-traded funds (ETFs), and any form of cryptocurrency and/or cryptocurrency derivative products, involves significant risk of loss and is not suitable for all investors.

Trading is speculative and risky. Trading is highly speculative and is suitable only for those customers who (a) understand and are willing to assume the economic, legal and other risks involved, and (b) are financially able to assume losses significantly in excess of margin or deposits. High degrees of leverage and margin trading can work against you as well as for you. Before deciding to invest in any 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 risks associated with off-exchange trading and seek advice from an independent financial advisor if you have any doubts.

Customer represents warrants and agrees that Customer understands these risks; that Customer is willing and able, financially and otherwise, to assume all the risks of trading any financial asset and/or derivative, including, but not limited to, equities and stocks, currency derivatives and foreign exchange (FX), metals, commodities, futures contracts, forward contracts, contracts for difference (CFDs), options, exchange-traded funds (ETFs), and any form of cryptocurrency and/or cryptocurrency derivative products, and that loss of Customer’s entire Account Balance will not change Customer’s lifestyle.

Hypothetical performance results have many inherent limitations, some of which are described below.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results.

There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.