Risk Disclosure

01General risk

Trading in foreign exchange, indices, commodities, cryptocurrencies and other leveraged products can result in losses that exceed your initial investment. You should only trade with money you can afford to lose and should fully understand the risks involved.

02Systematic and automated trading

Our systems execute rules automatically. Automated strategies can fail because of software errors, connectivity or data problems, broker execution issues or market conditions that differ from those the strategy was designed for. Models built on historical data may stop working when markets change.

03Performance figures

Returns, win rates, profit factors and drawdowns shown on this website are illustrative. They may be derived from live, simulated or back-tested results, may not include all fees, spreads and slippage, and are not audited unless expressly stated. Simulated results have inherent limitations: they are prepared with the benefit of hindsight and do not reflect the financial risk of actual trading.

Past performance is not a reliable indicator of future results. No representation is made that any account will or is likely to achieve profits or losses similar to those shown.

04Leverage

Leverage magnifies both gains and losses. A small market movement can have a proportionately larger impact on the funds deposited, and you may be required to deposit additional funds at short notice to maintain positions.

05Market and liquidity risk

Prices can move rapidly, gap over weekends and news events, and become illiquid. Stop-loss orders may not be executed at the requested price. Cryptocurrency markets trade around the clock and are particularly volatile.

06Counterparty and technology risk

Trades are executed through third-party brokers and platforms. Their failure, insolvency, platform outages, or internet and hardware problems may prevent orders from being placed, modified or closed.

07No advice

Information on this website does not constitute investment advice or a personal recommendation. Before trading you should consider your objectives, financial situation and experience, and seek independent advice if necessary.

08Regulatory status

[regulatory status / licence details]. Products and services may not be available in all jurisdictions.