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Foreign exchange trading and investment in derivatives can be very speculative and might not be suitable for many members of the public. The high degree of leverage that is obtainable in derivatives trading, because of small margin requirements, can work against you as well as for you. The use of leverage can lead to large losses as well as large gains. This statement does not disclose all of the risks and other significant aspects involved in margin trading. You should carefully consider your financial situation and consult your financial advisors as to the suitability to your situation prior to making any investment or entering into any transactions.

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