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Financial instrument trading, including trading activities referenced by or undertaken to utilize The UBS-Funded, involves substantial risk of loss and is not suitable for every investor. The valuation of financial instruments, such as foreign exchange contracts, futures, and options, may be highly volatile and fluctuate significantly and as a result, clients may lose or gain more than their initial trade order. The impact of seasonal and geopolitical events may be already factored into market prices. The highly leveraged nature of trading means that even small price movements may have a great impact on a trading account, potentially resulting in substantial losses or gains. The UBS-Funded does not offer or provide trading or investment recommendations, and any trading or investment decisions you make are entirely your responsibility and at your own risk. Past performance is not necessarily indicative of future results. The performance quoted represents past performance in a simulated environment and does not guarantee current or future performance or that losses will not occur.

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