Risk disclosure

1. You can lose money — quickly

Leveraged products move against you as fast as they move for you. A large majority of retail accounts lose money trading these instruments. You should not trade with money you cannot afford to lose entirely.

Depending on your broker and your jurisdiction, losses can in some circumstances exceed the amount you deposited.

2. Our signals are not personal advice

We publish what our own desk trades. We know nothing about your income, your obligations, your tax position, your experience or your tolerance for loss, so nothing we publish can be a recommendation suited to you personally.

Before acting, consider whether the trade fits your circumstances, and take independent advice if you are unsure.

3. Past performance says nothing about the future

Our results archive is a record of what happened, not a forecast. Market conditions change, edges decay, and a strategy that worked for a year can stop working in a month. No published figure on this site is a promise, a projection, or a guarantee of any return.

4. How our published record is measured

So that you can judge the numbers properly, this is what they assume:

• results are expressed in pips on the instrument named, not in currency, and not as a percentage of any particular account;
• entries and exits are recorded at the levels published in the signal, at the time it was published;
• the suggested risk is between 0.5% and 1% of the account per idea — sizing above that changes your outcome, not ours;
• spread, commission, swap, financing and slippage are not deducted from the pip figures, and they will reduce your real result;
• closed and stopped trades remain in the archive. Nothing is deleted or relabelled after the fact.

5. Market risk

Prices are driven by economic data, central-bank decisions, politics and sentiment. Markets can gap over a weekend or an announcement, opening far from where they closed, and a stop can be filled well beyond its level. Liquidity can disappear exactly when you need it most.

6. Leverage

Leverage multiplies the effect of every price movement on your capital, in both directions. A small adverse move can consume a large part of your margin and trigger a margin call or an automatic liquidation by your broker.

7. Execution risk

Your broker fills your order, not us. Spread, commission, requotes, latency and slippage will differ from broker to broker and from moment to moment. Two people acting on the same signal at the same second can get materially different prices.

8. Technology risk

Signals reach you over the internet, through the web feed and through Telegram. Outages, delays, device failures, notification settings and network faults can all delay or prevent delivery. Do not build a strategy that depends on receiving every message the instant it is sent.

9. Copy trading risk

Copy trading multiplies the desk's decisions across your account automatically, including the losing ones. Your entry prices, costs and therefore your results will differ from ours.

You set the risk ceiling and you can disconnect at any time — but trades already open when you disconnect will continue to move until they are closed.

10. Currency risk

If your account is denominated in a currency other than the one a trade settles in, exchange-rate movement will change your result independently of whether the trade itself was correct.

11. Third-party products

Indicators and expert advisors sold in our e-shop are tools, not strategies with a guaranteed outcome. Automated software can fail, misread a market regime, or keep trading a losing approach until you stop it. Anything running on your account remains your responsibility to supervise.

12. No guarantee, and no liability for your trading

SmartPips gives no guarantee of profit and accepts no liability for any loss you incur from a trade you chose to take. Every position you open is your decision and your risk.

If any part of this notice is unclear, write to support@smartpips.pro before you trade.