Draft – pending legal review. This page describes how XcalpAI works so that a lawyer can finalise it. Items in [brackets] must be completed. Remove this notice only after legal sign-off.

Risk Disclosure

Last updated: [DATE OF LEGAL SIGN-OFF]

Trading foreign exchange on margin carries a high level of risk and may not be suitable for you. You can lose all of the money in your trading account. [IF YOUR BROKERS ALLOW IT: losses can exceed deposits.] Do not trade with money you cannot afford to lose.

Leverage

Leverage magnifies both gains and losses. A small price move against a position can cause a large loss, a margin call or the automatic closure of positions by your broker.

Automated and copied trading

News and market events

Major economic releases and unexpected events can cause sudden price moves and wide spreads. The strategy pauses around scheduled high-impact news, but unscheduled events cannot be avoided.

Fees

Subscription and performance fees reduce your net returns. Performance fees are charged on new profit above your high-water mark; see the Terms of Service.

No advice

Nothing on this site is financial, investment or tax advice. [ADD REGULATOR-SPECIFIC WARNINGS, e.g. retail CFD loss percentages if required.]