Forex Risk Disclosure Statement

WARNING: YOU CAN RAPIDLY LOSE ALL OR SUBSTANTIAL PORTIONS OF THE FUNDS YOU DEPOSIT FOR TRADING.

1. Trading Involves Substantial Risk

The trading of currencies, futures, options, and other leveraged products (including Forex) involves substantial risk of loss and is not suitable for everyone. You should be aware of and carefully consider the following points before determining whether such trading is appropriate for you:

• Risk of Total Loss: Trading leveraged products means that a relatively small market movement can lead to a proportionately larger impact on the funds you have deposited. You may sustain a total loss of initial margin funds and any additional funds deposited to maintain your position, and you may incur losses *beyond* these amounts.
• Leverage: The high degree of leverage often obtainable in Forex trading can work against you as well as for you. It can lead to large losses as well as gains.
• Not Investment Advice: All information, software, articles, and training provided by ForexSci.com are for educational and scientific research purposes only. They do not constitute financial advice, investment advice, or a solicitation to buy or sell any financial instrument.

2. ForexSci.com is a Software Provider, Not a Broker or Advisor

ForexSci.com provides software tools designed to help traders perform statistical analysis and practice trading.

• No Guarantees: We provide no guarantee, explicit or implied, that the use of our Software will result in profits or prevent losses.
• Past Performance: Any demonstration of past performance, whether in our software or in promotional materials, is not indicative of future results. Hypothetical performance results have many inherent limitations (e.g., they are generally prepared with the benefit of hindsight).
• No Liability: We assume no liability for any trading losses or other damages that may result directly or indirectly from the use of our Software or the information we provide.

3. Execution and Technical Risks

When using any trading software, you assume additional technical and execution risks:

• Software Failure: The risk of financial losses caused by the failure, malfunction, or misuse of our Software, your trading platform (e.g., MetaTrader), or your hardware/Internet connection.
• Slippage and Latency: The price at which an order is executed may be different from the price displayed in the Software due to market volatility, latency, and slippage.
• Market Conditions: Market conditions (e.g., illiquidity, "fat finger" errors, or unexpected news events) may increase the risk of loss by making it difficult or impossible to execute transactions or liquidate positions.

4. Your Responsibility as a Trader

By engaging in Forex trading and using our tools, you represent and agree that you understand these risks. It is your sole responsibility to:

1. Trade only with capital you can afford to lose.
2. Thoroughly investigate any broker or dealer you choose to use.
3. Seek advice from an independent financial advisor if you have any doubts.
4. Be aware of all commissions, fees, and charges for which you will be liable.

We strongly advise against risking funds set aside for purposes such as education, retirement, or living expenses.

Acknowledgement

This brief statement cannot, of course, disclose all the risks and other aspects of the Forex markets. By using the ForexSci.com website and purchasing our Software, you acknowledge that you have read and understood this Risk Disclosure Statement.