⚠️ Risk Disclosure Statement (CFTC Regulation 1.55(c))

This brief statement does not disclose all of the risks and other significant aspects of trading in futures, forex, and options. You should only undertake such transactions if you fully understand:

The nature of the contracts and relationships you are entering into.

The extent of your exposure to risk.

Trading futures, forex, and options is not suitable for many members of the public. Carefully consider whether trading is appropriate in light of your experience, objectives, financial resources, and other relevant circumstances.

🚨 Key Risks

Total Loss Possible: You may lose all funds deposited with your broker and could incur losses beyond those amounts.

Margin Calls: If the market moves against you, you may need to deposit additional margin funds on short notice. Failure to do so may result in liquidation and a deficit balance.

No Insurance Protection:

Funds deposited with a futures commission merchant (FCM) are not insured against insolvency or misappropriation.

They are not protected by the Securities Investor Protection Corporation (SIPC).

Clearing organizations generally do not guarantee customer funds.

Commingling of Funds: Customer funds are pooled together. Losses of other customers may impact your account if the FCM lacks sufficient capital.

Investment of Funds: FCMs may invest customer funds in approved instruments (e.g., government securities, municipal securities, money market funds, corporate notes/bonds).

Affiliated Deposits: FCMs may deposit funds with affiliates, potentially increasing risk.

Liquidity Risks: Under certain market conditions, you may find it difficult or impossible to liquidate a position (e.g., limit moves).

Leverage Risks: High leverage can lead to large losses as well as gains.

FCM Due Diligence: Research the financial stability and disclosures of your chosen FCM.

🌍 Additional Risks of Foreign Futures & Options

Trades are executed on foreign exchanges, which are not regulated by U.S. regulators.

U.S. regulators cannot compel enforcement of foreign laws or exchange rules.

Customer funds used for foreign trades may not receive the same protections as domestic transactions.

Exchange rate fluctuations may impact profits and losses.