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IMPORTANT RISK DISCLOSURE

Off-exchange foreign currency commerce on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can activity against you as well as for you. Before deciding to invest in foreign exchange you should cautiously consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of several 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 foreign currency commerce and seek proposal from an independent fiscal adviser if you have any doubts.

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