Risk Warning

TRADING FOREIGN EXCHANGE, GOLD (XAU/USD), INDICES, AND OTHER LEVERAGED OR MARGINED INSTRUMENTS CARRIES A HIGH LEVEL OF RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS. YOU COULD LOSE SOME OR ALL OF YOUR INVESTED CAPITAL. YOU SHOULD NOT TRADE WITH MONEY YOU CANNOT AFFORD TO LOSE.

1. Purpose of This Notice

This Risk Warning is provided by TraderStudy, operating the TraderStudy.com platform ("TraderStudy", "the Company", "we", "us") to ensure that, before using the TraderStudy Expert Advisor ("EA", "the Software") on any MetaTrader 5 ("MT5") Trading Account, demo or live, you understand the risks inherent in automated, leveraged trading. This notice supplements, and should be read alongside, our Terms and Conditions. It does not describe every risk that may apply to your individual circumstances.

By activating the Software on a live Trading Account, you confirm that you have read this Risk Warning in full, understand it, and accept that all trading decisions and their consequences are your sole responsibility.

2. We Are a Technology Provider, Not Your Broker or Adviser

TraderStudy supplies software only. We do not hold or control your funds, execute trades as your agent, provide investment advice, or manage your account on a discretionary basis. Your funds remain, at all times, in your own account with your own independently chosen, regulated Broker. All trade execution, margin calls, and account-level risk are governed by your Broker's terms, not ours.

TraderStudy is independent of MetaQuotes, MetaTrader, and any Broker, trading venue, liquidity provider, or financial institution mentioned or compatible with the Software, unless we expressly state otherwise in writing. References to MT5, broker names, platform names, or third-party trademarks are for identification and compatibility purposes only and do not imply endorsement, sponsorship, or affiliation.

3. General Market Risk

• Prices of Gold (XAU/USD), equity indices such as the S&P 500, currency pairs, and other instruments can move rapidly and unpredictably, including due to macroeconomic data, central bank decisions, geopolitical events, and liquidity conditions.
• Gold and index-linked instruments can experience sharp gaps, spikes, and periods of illiquidity around news events, session opens/closes, and low-liquidity holiday periods, which can cause orders to fill at prices materially different from those expected.
• Markets can move against a position for extended periods; no strategy, automated or manual, can eliminate the possibility of sustained drawdowns or loss of capital.

4. Leverage and Margin Risk

Leverage magnifies both potential gains and potential losses. A relatively small adverse price movement can result in a loss that is large relative to your account size, up to and including the total loss of the funds allocated to the Trading Account, and — depending on your Broker's margin policy and jurisdiction — potentially losses beyond your deposited funds.

You are responsible for understanding the leverage, margin requirements, and margin-call/stop-out policy applied by your own Broker, and for configuring the Software's risk parameters (lot sizing, stop-loss, maximum concurrent exposure) accordingly.

5. No Guarantee of Profit; Past Performance

• No representation is made that any account will or is likely to achieve profits or losses similar to those shown in any performance report, chart, or backtest.
• Historical, simulated, or demo-account performance is not a reliable indicator of future results and may differ materially from what you experience.
• Backtested and hypothetical results are calculated with the benefit of hindsight and do not reflect the impact that real-time decision-making, liquidity, and execution constraints may have had on actual trading.

6. Automated Trading System Risk

Automated execution introduces risks distinct from manual trading. You should understand and accept the following before connecting the Software to a live account:

• Connectivity risk: Loss of internet connection, VPS downtime, power outages, or MT5 terminal disconnection can prevent the Software from managing, adjusting, or closing open positions as intended.
• Execution risk: Slippage, requotes, widened spreads, and partial fills can cause actual trade prices and outcomes to differ from those the strategy intended.
• Latency risk: Delays between signal generation and order execution — due to network conditions, VPS location, or Broker server load — can affect entry and exit prices.
• Software/technical risk: Bugs, incompatibilities with a specific Broker's MT5 build, incorrect configuration, or an unapplied update could cause the Software to behave unexpectedly.
• Parameter/configuration risk: Incorrect lot sizing, risk settings, or running the Software on an unsuitable account type or symbol specification can materially increase risk of loss.
• Unattended-operation risk: The Software is designed to run continuously, but it is not a substitute for periodic account monitoring; you remain responsible for supervising your account.

7. Demo vs. Live Account Differences

Demo (paper-money) accounts are useful for familiarization but do not fully replicate live trading conditions. Differences can include better/worse fill quality, absence of real slippage or requotes, different liquidity behavior, and the absence of the psychological pressure associated with real capital at risk. Positive demo results do not guarantee similar results on a live account.

8. Broker and Counterparty Risk

Your Broker, not TraderStudy, holds your funds, sets the specific contract terms (spreads, commissions, swaps, margin, execution model) for the instruments you trade, and is the counterparty (or executing venue) for your trades. Broker insolvency, platform outages, execution disputes, or changes to a Broker's terms are outside our control and are risks you assume by choosing that Broker.

9. Cybersecurity and Account-Access Risk

You are responsible for securing your MT5 login credentials, VPS access, Portal account, and licence key. Loss of control over these credentials could allow unauthorized changes to your Trading Account. We recommend strong, unique passwords, enabling two-factor authentication where available, and never sharing credentials with third parties.

10. Regulatory and Jurisdictional Risk

The regulatory treatment of leveraged trading, automated trading software, and cross-border financial marketing varies by country. In Brazil, Mexico, Colombia, and any other jurisdiction from which you access the Software, you are responsible for confirming that your use of a leveraged trading account, and any Broker you engage, is lawful and appropriately authorized under local law. Restrictions may exist on leverage limits, marketing of certain instruments, or on which categories of firms may offer them — these restrictions apply at the Broker level and to your own trading activity, and are not addressed or resolved by our Software.

11. Only Trade With Risk Capital

You should only trade with funds that you are financially able to lose without affecting your standard of living or financial obligations. Do not trade with funds needed for essential expenses, borrowed funds you cannot service if lost, or funds allocated to retirement, housing, or emergency savings.

12. No Personalized Advice; Seek Independent Guidance

This notice is general in nature and does not take into account your individual financial situation, objectives, or needs. It is not a substitute for independent financial, tax, or legal advice. If you are uncertain whether leveraged, automated trading is appropriate for you, consult an independent, licensed financial advisor in your jurisdiction before proceeding.

13. Acknowledgment

By checking the acceptance box during checkout or onboarding, and/or by connecting the Software to a live Trading Account, you confirm that you have read and understood this Risk Warning in its entirety, that you are trading at your own risk and discretion, and that you accept sole responsibility for all trading outcomes on your Trading Account.

14. Contact

Questions about this Risk Warning may be directed to [support@TraderStudy.com] or [legal@TraderStudy.com].

This is a sensitive, high-risk product category. We strongly recommend having this Risk Warning reviewed by qualified legal counsel in each target market before publication, to confirm alignment with local financial-promotion and consumer-protection rules.