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    Risks

    • CAPITAL AT RISK: The value of your investments can go down as well as up. You may not get back all the funds that you invest.
    • Derivatives/Financial Spread Trading: Margin Products and Spread Trading carry a high degree of risk to your capital. Losses can quickly and substantially exceed your initial investment. Margin Products and Spread Trading are not suitable for all investors. The tax treatment of these products depends on the individual circumstances of each customer and may be subject to change in future. Trading Margin Products may require you to make further margin payments. Whilst profits made from Spread Trading are not subject to Capital Gains Tax (CGT), you are unable to offset any losses against capital gains for CGT purposes. You should fully understand the risks and seek independent advice if necessary.

    The value of your investments can go down as well as up. You may not get back all the funds you invest.

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