Freedom of Choice Managed Accounts Disclosure

Trading Forex 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 invest in Forex you should carefully consider your investment objectives, level of experience, and risk appetite. If in doubt check with a financial advisor. 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 Forex trading, and seek advice from an independent financial advisor if you have any doubts.

Unique experiences and past performances do not guarantee future results. Examples herein are not meant to be representative of all clients; certain accounts may have worse/better performance than that indicated. Trading involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in Forex trading, only genuine "risk funds” should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the Forex market. No "safe" trading system has ever been devised, and no one can guarantee profits or freedom from loss.

Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under or over-compensated for the impact, if any, of certain market factors such as lack of liquidity. Hypothetical trading programs in general are benefited by hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Substantial risk is involved.

Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. Don't trade with money you can't afford to lose. Nothing in our course or website shall be deemed a solicitation or an offer to buy/sell futures options or Forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of futures results. Trading involves high risks and you can potentially lose more than your initial investment which may be a result of an event driven lack of liquidity or volatility.

The Futures Commission Merchant (FCM) and Referring Broker (IB) are compensated for their services through the spread between the bid/ask prices.