RISK DISCLAIMER: CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Risk Disclaimer: Trading in financial markets involves substantial risk, including the potential loss of principal, and is not suitable for all investors. Before deciding to participate in our Managed Account Trading service, you should carefully consider your investment objectives, level of experience, and risk appetite.Risk of Loss: Past performance is not indicative of future results. The value of investments and the income derived from them may fluctuate, and you may lose all or more than your initial investment. Investors should be prepared to bear the risk of a total loss of their investment.Market Risks: The financial markets are subject to various risks, including but not limited to market volatility, economic factors, geopolitical events, and changes in regulatory environments. These factors can impact the performance of trading strategies and result in losses.Leverage Risks: Trading on margin or using leverage can amplify both potential profits and losses. It’s important to understand the risks associated with leverage and to use it judiciously.Automated Trading Risks: Our Managed Account Trading service utilizes automated trading strategies, which are subject to inherent risks such as system downtime, technical failures, and programming errors. While we strive to mitigate these risks, they can still occur and impact trading performance. Client Responsibility: Clients are responsible for ensuring they understand the risks involved in trading and are comfortable with the potential losses. It’s recommended to seek advice from independent financial advisors if necessary before making any investment decisions.No Guarantees: There are no guarantees of profit or success in trading. While we aim to achieve positive returns for our clients, the financial markets are unpredictable, and losses can occur despite our best efforts. By participating in our Managed Account Trading service, you acknowledge and accept the risks involved and agree to indemnify and hold harmless our company and its affiliates from any liabilities arising from your investment decisions.