Risk disclosure

Last updated: 11 October 2026

1. Trading carries a high level of risk

Trading foreign exchange, precious metals, indices and cryptocurrencies on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you as well as for you. You can lose more than your initial deposit. Do not trade with money you cannot afford to lose.

2. Hypothetical and simulated performance

All performance figures on this website are the result of historical simulations (backtests) run in the MetaTrader 5 Strategy Tester. Hypothetical performance results have many inherent limitations. They are prepared with the benefit of hindsight, they do not represent actual trading, and they cannot fully account for real-time execution, slippage, requotes, swap, commissions, changing spreads or market liquidity. No representation is made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical results and the actual results later achieved.

3. Past performance

Past or simulated performance is not indicative of future results. A strategy that performed well in one period may perform poorly in another, and every strategy on this site has periods of loss, which we publish.

4. Automated trading risks

• Software and connectivity. Expert Advisors depend on your platform, broker connection, computer or VPS and power supply. Failures can leave positions unmanaged.
• Broker conditions. Spreads, commissions, execution speed, server time zone and trading rules differ between brokers and can change the result of a strategy completely.
• Market conditions. Gaps, news events, thin liquidity and sudden volatility can cause losses larger than expected and stop orders filled at worse prices.
• Over-optimisation. Settings that look excellent on past data may be fitted to that data. Always forward-test on a demo account.

5. Grid and martingale strategies

Some products use grid or lot-multiplier techniques. These can produce many small wins and rare, very large losses. Individual positions may have no stop loss and are managed as a basket. In a long one-way market the floating loss can grow large before any protection acts. Such products are not suitable for every account and are generally unsuitable for strict funded-account challenges.

6. Funded and proprietary-firm accounts

Funded-account programmes have their own rules, which change. A feature described as a "consistency guard" or "drawdown protection" does not guarantee that you will pass or keep a funded account. You are responsible for reading and following your firm's rules.

7. Cryptocurrencies

Cryptocurrencies are highly volatile and may be traded around the clock, including weekends, when liquidity can be thin and spreads wide.

8. No advice

Exodus FX is not a broker, fund manager or investment adviser. Nothing on this website is investment advice, a recommendation, an offer or a solicitation. Ebooks and guides are educational. Seek independent professional advice if you are unsure whether trading suits your circumstances.

9. Third-party platforms

Products are sold through third-party platforms such as the MQL5 Market and Gumroad, and run on MetaTrader 5, which is operated by MetaQuotes Ltd. We do not control those platforms or your broker.

10. Jurisdiction

Trading products are restricted or prohibited in some countries. It is your responsibility to make sure that using our products is lawful where you live.