Risk Disclosure & Disclaimer

Trading financial markets, including but not limited to foreign exchange (Forex), commodities, indices, cryptocurrencies, stocks, and other derivative instruments, involves substantial risk and may not be suitable for all individuals. Market prices can fluctuate rapidly due to economic, political, regulatory, and market conditions, and participants may experience significant losses.

Leverage, whether real or simulated, can magnify both profits and losses. Before participating in any evaluation, challenge, assessment, or simulated trading program, you should carefully consider your financial circumstances, objectives, level of experience, and risk tolerance.

Past performance, whether actual or simulated, is not a guarantee or indicator of future results. No representation is being made that any participant will achieve profits or avoid losses. Any examples, testimonials, statistics, or performance figures presented by the Company are for illustrative purposes only and should not be relied upon as a promise or guarantee of future performance.

The services provided by Traders Club, its affiliates, employees, contractors, and representatives (collectively, the "Company") are intended solely for educational, assessment, evaluation, and simulated trading purposes.

The Company does not provide investment advice, financial advice, tax advice, legal advice, portfolio management services, brokerage services, asset management services, or fiduciary services.

Nothing contained on the Company's website, platform, social media channels, communications, advertisements, webinars, educational materials, or other content constitutes:

• Investment advice;
• A recommendation to buy, sell, or hold any financial instrument;
• A solicitation to invest in any security or financial product;
• An offer of brokerage or dealing services;
• A guarantee of profit or trading success.

Participants are solely responsible for their trading decisions and should consult qualified professional advisors where appropriate.

All accounts provided through the Company's programs operate exclusively within a simulated trading environment.

Trades executed on evaluation accounts, challenge accounts, funded accounts, assessment accounts, or any other accounts offered by the Company are not executed in live financial markets and do not involve the purchase or sale of actual financial instruments.

Participants should understand that:

• Simulated trading results have inherent limitations.
• Simulated trading does not involve actual market execution.
• Simulated trading may not accurately reflect real market conditions, liquidity constraints, slippage, latency, pricing discrepancies, or execution risks.
• Performance achieved in a simulated environment may differ significantly from results achieved in a live trading environment.

No client funds are deposited into, invested in, or traded in live financial markets through the Company's simulated trading programs.

Any fees paid to the Company are fees for access to educational services, technology services, evaluation programs, assessment programs, simulated trading environments, data services, and administrative services.

Program fees are not deposits, investment capital, brokerage deposits, savings accounts, custodial funds, or financial investments.

Participants acknowledge that program fees are earned by the Company for the provision of services and may be used for operational expenses including technology, staffing, compliance, administration, infrastructure, marketing, and business operations.

The Company is not a bank, financial institution, broker-dealer, exchange, investment advisor, asset manager, or custodian.

The Company does not:

• Accept deposits for investment purposes;
• Hold client funds for trading;
• Manage customer investment accounts;
• Execute trades on behalf of clients in live markets;
• Provide brokerage services.

Any performance information displayed on the Company's website, platform, marketing materials, social media, presentations, or communications may include hypothetical, simulated, historical, or illustrative results.

Hypothetical and simulated performance results have significant limitations, including:

• They do not represent actual trading.
• They may benefit from hindsight.
• They do not reflect emotional, psychological, liquidity, or execution factors present in live trading.
• They may overstate or understate the impact of market conditions.

Accordingly, no assurance can be given that any participant will achieve results comparable to those shown.

To the maximum extent permitted by applicable law, the Company, its owners, directors, officers, employees, affiliates, contractors, licensors, and service providers shall not be liable for any direct, indirect, incidental, consequential, special, punitive, or exemplary damages arising from:

• Use of the website or platform;
• Participation in any evaluation or simulated trading program;
• Trading decisions made by participants;
• Technical interruptions or system failures;
• Data inaccuracies or delays;
• Loss of profits, business opportunities, or anticipated earnings.

Participants assume full responsibility for their use of the Company's services.

The Company makes reasonable efforts to provide reliable technology and market data. However, the Company does not warrant that:

• Market data will be accurate, complete, or uninterrupted;
• Platform services will be available at all times;
• Technical errors, outages, delays, or interruptions will not occur.

The Company reserves the right to modify, suspend, restrict, or discontinue services at its discretion.

The Company's services are not directed toward individuals or entities located in jurisdictions where participation would violate applicable laws, regulations, sanctions, embargoes, or restrictions.

The Company reserves the right to refuse service, suspend accounts, or terminate participation in any jurisdiction deemed restricted, sanctioned, high-risk, or otherwise prohibited by applicable law or Company policy.

Participants are solely responsible for ensuring that their use of the Company's services is lawful within their jurisdiction.

The Company is not regulated as a broker, dealer, investment advisor, asset manager, or financial institution unless expressly stated otherwise.

The Company's services are limited to educational activities, trader evaluations, and simulated trading programs.

By accessing the Company's website, purchasing any program, registering an account, or using any Company service, you acknowledge that:

1. You have read and understood this Risk Disclosure.
2. You understand that all trading activities occur in a simulated environment.
3. You understand that no live trading is conducted on your behalf.
4. You understand that program fees are not investments or deposits.
5. You accept all risks associated with participation in the Company's services.
6. You agree to be bound by the Company's Terms and Conditions, Privacy Policy, and all applicable policies.