The high degree of leverage that is possible in foreign exchange trading adds to your risk and may work against you since the use of leverage can often lead to large losses. Only invest funds that you or your firm can afford to completely lose. The regulations of the Commodity Futures Trading Commission (CFTC) require that prospective customers of an FCM (Futures Commission Merchant), FDM (Forex Dealer Member) or FX Clearing House receive a disclosure document that clearly highlights the risks before signing a Management Agreement whereby a 3rd party will direct clients’ trading.  Managed FX accounts are subject to charges & fees such as management, advisory and other fees. It may be necessary for accounts that are subject to these fees or charges to earn profits simply to avoid depletion of their assets. The disclosure document contains a more thorough description of the principal risk factors and fees to be charged to your account by the FCM, FDM or FX Clearing House. You are encouraged to access our risk disclosure document by clicking the links provided herein since this brief statement cannot disclose all of the risks of trading or investing in the FX markets. Also, you should consult an objective attorney or other advisor who can study the disclosure document carefully to determine whether such an investment is appropriate for you or your firm.   (Be aware that the CFTC has not passed upon the merits of participating in these trading programs nor on the adequacy or accuracy of any of the disclosures or other information herein.) Do NOT consider investing in a Managed FX account unless you are prepared to accept the risk of a complete and total loss of your capital invested. Only invest funds that you can afford to completely lose.Be further advised that additional risks, fees, costs and other pertinent information must be disclosed to you before you will be permitted to open a managed FX account. Only proceed at your own risk, and with the utmost of care and caution.

IMPORTANT NOTE: THE INFORMATION HEREIN CAN BE PROVIDED ONLY TO "QUALIFIED ELIGIBLE" PARTIES ("ECP, or QEP") OR ENTITIES  DEFINED IN CFTC REGULATION 4.7(A), WHICH CAN BE ACCESSED BY CLICKING HERE.  THE PAGES HEREIN ARE NOT INTENDED FOR RETAIL INVESTORS. CLICK BELOW ONLY IF YOU OR THE ENTITY YOU REPRESENT CAN SAFELY BE DEFINED AS A WELL-INFORMED, NON-RETAIL "ECP or QUALIFIED ELIGIBLE" PARTY.