| The risk disclaimer is meant to inform the user of the potential financial risks of en- |
| gaging in foreign exchange trading. The transaction of such financial instruments |
| known as forex, fx, or currency, and dealt on a valued basis known as ‘spot’ or ‘for- |
| ward’, ‘day trading’ and ‘option’, can contain a substantial degree of risk. |
| Before deciding to undertake such transactions with any other firm offering simi- |
| lar services, a user should carefully evaluate whether his/her financial situation is |
| appropriate for such transactions. Trading foreign exchange may result in a sub- |
| stantial or complete loss of funds and therefore should only be undertaken with |
| risk capital. |
| The definition of risk capital is funds that are not necessary to the survival or well |
| being of the user. We strongly recommends that a user, who is considering trading |
| foreign exchange should obtain a clear and accurate understanding of the risks |
| inherent to fx trading. Opinions and analysis on potential expected market move- |
| ments contained within the FirePips.com website are not to be considered neces- |
| sarily precise or timely, and due to the public nature of the Internet, FirePips.com |
| cannot at any time guarantee the accuracy of such information. |
| Trading online, no matter how convenient or efficient it may be, does not neces- |
| sarily reduce the risks associated with foreign exchange trading, and FirePips.com |
| does not accept any responsibility towards any customer, member or third party, |
| acting on such information contained on the website as to the accuracy or delay of |
| information such as quotations, news, and charts derived from quotations. |