Risk Disclosure

IMPORTANT NOTICE

Trading and financial markets involve substantial risk.

You should carefully consider whether participating in trading, futures, CFDs, leveraged products, simulated trading evaluations, proprietary trading programs, or related services is appropriate for you.

You should never trade or participate with money you cannot afford to lose.

There is no guarantee that you will make a profit, pass an evaluation, receive a payout, receive funding, or achieve any particular trading result.

1. PURPOSE OF THIS DISCLOSURE

This Risk Disclosure explains material risks associated with Finvora Capital and Finvora Funded services.

It does not identify every possible risk.

Market conditions, product structures, technology, liquidity, regulation, and other circumstances may create additional risks.

You are responsible for understanding the product you purchase before participating.

2. MARKET RISK

Financial markets can move rapidly and unpredictably.

Prices may rise or fall because of:

economic conditions;
interest rates;
inflation;
monetary policy;
political developments;
geopolitical events;
market sentiment;
corporate events;
natural disasters;
technological events;
liquidity conditions; and
other factors.

You may experience losses as a result.

3. LEVERAGE RISK

Leverage allows you to control a larger position using a smaller amount of capital or margin.

While leverage can increase potential returns, it can also increase potential losses.

Small market movements can therefore have a significant impact on an account.

4. CFD RISK

Contracts for Difference (“CFDs”) are leveraged financial instruments that can involve significant risk.

CFD prices may move rapidly.

You may lose money quickly because of leverage.

Depending on the structure of the CFD product, costs may include:

spreads;
commissions;
financing;
overnight charges;
swap charges;
slippage; and
other transaction costs.

CFDs may not be suitable for all traders.

5. FUTURES RISK

Futures trading involves significant risk.

Futures contracts are leveraged instruments and may experience substantial price movements over short periods.

Risks include:

leverage;
margin requirements;
liquidation;
volatility;
gaps;
liquidity risk;
contract expiration;
rollover;
exchange rules;
trading halts;
slippage; and
rapid losses.

6. FOREIGN EXCHANGE RISK

Foreign-exchange markets can experience significant volatility.

Currency prices may be affected by:

central-bank decisions;
interest-rate changes;
economic releases;
political developments;
geopolitical events;
trade conditions; and
market sentiment.

7. CRYPTOCURRENCY RISK

Where cryptocurrency-related products are available, they may involve additional risks.

Cryptocurrency markets may experience:

extreme volatility;
liquidity shortages;
regulatory changes;
exchange failures;
cyberattacks;
technological failures;
market manipulation; and
substantial price declines.

8. SIMULATED TRADING RISK

Some Finvora products use simulated trading environments.

Simulated trading does not necessarily replicate live-market conditions.

Differences may exist in:

execution;
liquidity;
spreads;
slippage;
order fills;
latency;
market impact;
commissions;
pricing;
trading hours; and
availability.

A successful simulated performance does not guarantee successful live trading.

9. EVALUATION RISK

Purchasing a trading evaluation does not guarantee that you will pass.

You may fail an evaluation because of:

losses;
drawdown;
daily-loss violations;
rule violations;
insufficient trading days;
excessive exposure;
prohibited strategies;
technical issues; or
other applicable conditions.

10. FUNDED-ACCOUNT RISK

A “funded account” or similar designation does not necessarily mean that the displayed account balance represents cash deposited in your personal account.

The exact structure depends on the relevant Finvora product agreement.

You should carefully review the product documentation before trading.

11. DRAWDOWN RISK

Drawdown measures the decline in account value from a specified reference point.

Different programs may use:

static drawdown;
trailing drawdown;
daily drawdown;
equity drawdown;
balance drawdown;
end-of-day drawdown; or
other methodologies.

You are responsible for understanding the drawdown methodology applicable to your account.

12. GAP RISK

Markets can open or move significantly away from previous prices.

This can occur following:

economic announcements;
geopolitical events;
weekends;
holidays;
market closures;
unexpected news; or
liquidity events.

Stop-loss orders may not always execute at the exact requested price in live markets.

13. SLIPPAGE

The price at which an order is executed may differ from the requested price.

Slippage may be caused by:

volatility;
liquidity;
latency;
market gaps;
execution conditions;
platform conditions; or
third-party infrastructure.

14. LIQUIDITY RISK

Some instruments may have limited liquidity.

Low liquidity can result in:

wider spreads;
greater slippage;
difficulty entering or exiting positions;
partial fills;
delayed execution; or
increased transaction costs.

15. NEWS AND ECONOMIC EVENTS

Major economic releases may produce rapid price movements.

Examples include:

central-bank announcements;
employment reports;
inflation data;
GDP releases;
interest-rate decisions;
geopolitical announcements; and
unexpected market events.

Trading around such events may involve increased risk.

16. TECHNOLOGY RISK

Trading services depend on technology.

Potential disruptions include:

internet outages;
server failures;
software bugs;
platform downtime;
API failures;
data-feed interruptions;
cybersecurity incidents;
power failures; and
third-party provider failures.

17. CYBERSECURITY RISK

Accounts and trading infrastructure may be targeted by:

phishing;
malware;
credential theft;
account takeover;
denial-of-service attacks;
malicious software;
unauthorized access; and
other cyber threats.

You are responsible for protecting your credentials and devices.

18. THIRD-PARTY PLATFORM RISK

Finvora may rely on third-party trading platforms and service providers.

Their services may experience outages, errors, delays, changes, or discontinuation.

Finvora cannot guarantee uninterrupted operation of third-party infrastructure.

19. COPY-TRADING RISK

Copy trading involves risks.

Copied trades may differ because of:

execution timing;
slippage;
liquidity;
account size;
leverage;
instrument availability;
platform limitations;
connection failures; or
risk-management settings.

Copy trading does not guarantee that the copied strategy will be profitable.

20. AUTOMATED TRADING RISK

Automated strategies may execute trades without manual intervention.

Software may malfunction because of:

programming errors;
incorrect settings;
platform changes;
connectivity failures;
market conditions;
unexpected data;
API failures; or
technical errors.

You are responsible for understanding any automated strategy you use.

21. PAST PERFORMANCE

Past performance is not indicative of future results.

Historical returns, leaderboard statistics, simulated results, testimonials, examples, and hypothetical scenarios should not be interpreted as guarantees.

22. HYPOTHETICAL PERFORMANCE

Hypothetical or simulated performance results have inherent limitations.

They may not reflect:

actual financial risk;
emotional factors;
liquidity;
execution;
slippage;
commissions;
financing costs; or
other real-world conditions.

23. NO GUARANTEE OF PROFIT

Finvora does not guarantee:

profitability;
successful trading;
passing an evaluation;
receiving a payout;
maintaining an account;
achieving a particular return;
avoiding losses; or
obtaining future funding.

24. INDIVIDUAL RESULTS

Individual results vary.

Testimonials and examples shown on Finvora websites represent individual experiences and should not be assumed to be typical.

25. ECONOMIC AND POLITICAL RISK

Financial markets can be affected by unexpected:

elections;
wars;
sanctions;
government decisions;
regulatory changes;
monetary policy;
economic crises;
natural disasters; and
other events.

26. REGULATORY RISK

Financial regulation may change.

Changes in laws, regulations, licensing requirements, exchange rules, tax rules, or regulatory interpretations may affect the availability or structure of products.

Certain services may be unavailable in certain jurisdictions.

27. CURRENCY RISK

If you pay for or receive payments in a currency different from your local currency, exchange-rate fluctuations may affect the final amount.

Banks and payment processors may also apply currency-conversion fees.

28. TAX RISK

You are responsible for determining and complying with applicable tax obligations arising from your activities.

Finvora does not provide personalized tax advice.

You should consult a qualified tax professional where appropriate.

29. PSYCHOLOGICAL RISK

Trading can create significant emotional pressure.

Losses may lead to:

stress;
impulsive decision-making;
revenge trading;
excessive risk-taking;
overtrading; and
other harmful behavior.

You should consider your personal circumstances before participating.

30. CAPITAL RISK

You should never use:

rent money;
emergency funds;
borrowed money;
money required for essential expenses; or
money you cannot afford to lose

for speculative trading.

31. INFORMATION RISK

Information displayed on Finvora platforms may contain errors, delays, omissions, or inaccuracies.

You should independently verify important information before making decisions.

32. NO PROFESSIONAL ADVICE

Finvora materials do not constitute individualized:

investment advice;
financial advice;
legal advice;
accounting advice; or
tax advice,

unless expressly stated otherwise and provided through an appropriately authorized service.

33. ACKNOWLEDGEMENT

By using Finvora services, you acknowledge that:

trading involves substantial risk;
you may lose money;
leverage increases risk;
simulated results do not guarantee live results;
past performance does not guarantee future results;
no profit is guaranteed;
you are responsible for your trading decisions; and
you have read and understood this Risk Disclosure.

If you do not understand the risks associated with a product, you should not participate until you have obtained appropriate independent professional advice.

34. CONTACT

Questions regarding this Risk Disclosure may be directed to: THE CONTACT PAGE