Risk warning

Trading CFDs and foreign exchange carries significant risks and is considered highly speculative. In extreme cases, losses can exceed the total capital lost. Due to leverage, CFD and foreign exchange trading is subject to increased risk due to economic and political developments. Using these instruments requires the conscious acceptance of very high risks and significant fluctuations in returns, prices, currencies, and account balances in order to achieve substantial capital growth in the long term.

Automated trading systems can execute many transactions within a short period. This can lead to the accumulation of large leveraged positions in the trading portfolio, which are only reduced over the medium term. Particularly with automated trading systems, these positions can result in a significant paper loss (drawdown) during this period, potentially leading to substantial losses and even the loss of all capital. Some trading systems use only market orders and not stop or limit orders. There is a risk of trading losses due to technical problems (e.g., internet outages, hardware and software issues, errors in the trading system, connection interruptions between the broker and the order and pricing system). The same trading systems can produce different results with different brokers. Positive results from past trading strategies are not indicative of future profits.

Please note the following when using our trading systems:
⦁ Past performance indicators are not a guarantee of future results. They merely represent an optimized depiction of past performance.
⦁ Our trading systems were developed to the best of our knowledge and belief. Despite careful programming, errors can occur. We assume no liability for programming errors in the trading systems.
⦁ Use the trading systems only after careful review and only if you are familiar with their operation and agree to their terms.
⦁ Trade exclusively with risk capital – capital that you do not need for your living expenses and whose loss would not alter your circumstances.
⦁ Use of the trading systems is at your own risk. You are liable for all losses incurred through the use of the trading systems.
⦁ Position sizes often cannot be individually set immediately before each order execution.
⦁ Especially when operating trading systems, an uninterrupted connection to the broker and the price feed is essential.
⦁ Buy orders (particularly with market-rate orders) can be executed at significantly less favourable prices than intended. This can lead to unintended losses.

Programmed, semi-automated, or fully automated trading systems should never be activated on a live account immediately upon receipt. When operating them on a demo account, you should ensure that the trading system functions flawlessly from a technical and logical perspective. Operating trading systems carries the same risks as manual trading.

All semi- and fully automated trading systems, indicators, and analyses are for informational purposes only and do not constitute a recommendation or investment advice. All published information (e.g., back test results) has been reviewed to the best of our knowledge and belief. Nevertheless, we assume no liability for its accuracy.

Note on Hypothetical Performance Results:
Hypothetical performance results have numerous inherent limitations, some of which are described below. The account results shown may differ significantly in terms of profit and loss. One limitation of hypothetical results is that they are based on known historical data. Furthermore, hypothetical trading does not carry any financial risk—no hypothetical track record can reflect the financial risks of actual trading. For example, there is the possibility that trading may be suspended or terminated due to losses, which can significantly distort actual results. Additionally, there are numerous other factors that cannot be fully accounted for in hypothetical performance when implementing a trading program and that may therefore affect actual results.