Trading in the Foreign Exchange market with leverage carries a high degree of risk. The amount of initial margin is small relative to the value of the position so that transactions are leveraged. A relatively small market movement will have a proportionately larger impact on the funds you have deposited. You may sustain a total loss of initial margin funds and any additional funds deposited with WSB to maintain your position. There is considerable exposure to risk in any foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.

Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. You should carefully consider whether trading Foreign Exchange is appropriate for you in light of your experience, objectives, financial resources and other circumstances.

Please make sure you have read and understood all disclaimers and information in WSB's account opening forms before commencing trading. WSB’s services are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. It is the responsibility of the customer to ascertain the terms of and comply with any local law or regulation to which they are subject.