Any investment in financial instruments involves significant risks and may not be suitable for every person. This is especially true for leveraged financial instruments (trading on margin). Leverage can have both disadvantages and advantages. A positive performance of a financial instrument in the past can in no way be used to infer future returns. Due to political, economic or other changes or events, there may be significant price losses, in the worst case a total loss of the capital invested or – in the case of certain financial instruments/providers – of capital in excess of the capital invested. Exchange rate fluctuations can additionally influence profits and losses. Only funds that can be dispensed with should be invested. Each person must ensure that they fully understand the risks involved. Before making any decision with a financial impact, careful consideration should be given to the opportunities and risks through independent advice.