Trading futures, foreign exchange, and options on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade futures, foreign exchange, or options you should carefully consider your investment objectives, level of experience and risk tolerance. 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 futures, foreign exchange and options  trading and you could lose more than your original investment.

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