Risk Warning: You should know that trading foreign exchange (forex) and contracts for difference (cfds) carries a high level of risk to your capital including losing more than your initial deposit. Forex and cfds are leveraged products and the effect of leverage is that both gains and losses are magnified. The past performance of a financial instrument is no guarantee or indicator of future performance. Trading forex and cfds may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent financial advice if necessary. You should only trade forex if you have sufficient investing experience and knowledge, a thorough understanding of the risks involved and if you are dealing with money that you can afford to lose.