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Spread Betting, CFDs and Forex are leveraged products and carry a high degree of risk to your capital and it is possible to lose more than your initial investment. Only speculate with money you can afford to lose. These products may not be suitable for all investors, therefore ensure you fully understand the risks involved, and seek independent advice if necessary. CMC Markets UK Plc and CMC Spreadbet Plc are authorised and regulated by the UK Financial Conduct Authority. The Irish Financial Services Regulatory Authority has a supervisory role in respect of CMC Markets Ireland conduct of business and transaction reporting obligations.*Tax laws can change.