THE FOLLOWING STATEMENT MUST BE READ AND AGREED UPON BEFORE PROCEEDING

CFTC RISK DISCLOSURE STATEMENT

 The risk of loss in trading foreign exchange can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in foreign exchange trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.

In some cases, managed foreign exchange accounts are subject to substantial charges for management and advisory fees. It may be necessary for those accounts that are subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. The disclosure document contains a complete description of the principal risk factors and each fee to be charge to your account by the Futures Commission Merchant (FCM).

 The regulations of the Commodity Futures Trading Commission (CFTC) require that prospective customers of an FCM receive a disclosure document when they are solicited to enter into an agreement whereby the FCM will direct or guide the clients trading and that certain risk factors are highlighted.  This brief statement cannot disclose all of the risks and other significant aspects of the foreign exchange markets. Therefore, you should request the disclosure document and study it carefully to determine whether such trading is appropriate for you in light of your financial condition. You are encouraged to access the disclosure document by requesting one via e-mail to info@firstcapitaltrading.com . You will not incur any additional charges by accessing the disclosure document. You may also request delivery of a hard copy of the disclosure document, which will also be provided to you at no additional cost. The CFTC has not passed upon the merits of participating in any of these trading programs nor on the adequacy or accuracy of any of these disclosure documents.  Other disclosure statements are required to be provided you before a managed foreign exchange account may be opened for you.

 Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.  There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency.

 Moreover, the leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible for any resulting losses. Investors may lower their exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders.

 There are also risks associated with utilizing an internet-based deal execution software application including, but not limited to, the failure of hardware and software. Many of our affiliates employ back up systems and contingency plans to minimize the possibility of system failure, and phone trading is usually available.

 First Capital Trading, LLC DOES NOT warranty any information it provides as free from defects.  The information contained on this website is deemed accurate to the best of the administrator's abilities at the time of publishing.  All information contained on this website is information that First Capital Trading, LLC has obtained from it's third party sources.  First Capital Trading, LLC has not audited any managed accounts, funds or money managers it is affiliated with.  Returns quoted on this website are considered reliable but are not guaranteed accurate.  Past performance is no guaranty of future performance.