Compliance

Our clearing firm Gain Capital is a registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA) I.D. # 0339826. As a vocal advocate of foreign exchange regulation and increased investor protection, Gain Capital is proud to become one of the first and now the largest foreign exchange firms to register as a FCM following the passage of the Commodity Modernization Act of December 2000.

• Risk Warning

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. 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 foreign exchange trading.

• Investment Myths

The foreign exchange market is one of most popular markets for speculation, due to its enormous size, liquidity and tendency for currencies to move in strong trends. Presumably, these characteristics would enable traders to have tremendous success. However, success has been limited mainly for the following reasons:

• Many traders come with false expectations of the profit potential and lack the discipline required for trading. Short term trading is not an amateur's game, (Currency Warriors principal has been trading for over 20 years). Because currencies may seem exotic or less familiar than traditional markets (i.e. equities, futures, etc.), it does not mean that the rules of finance and simple logic are suspended. One cannot hope to make extraordinary gains without taking extraordinary risks. A trading strategy that involves taking a high degree of risk means suffering inconsistent trading performance and often suffering large losses. Trading currencies is not easy (if it was, everyone would already be a millionaire), and many traders with years of experience still incur periodic losses. One must realize that trading takes time to master and there are absolutely no short cuts to this process. This is where Currency Warriors can assist.