Risk Disclosure

1. What this document is

This Risk Disclosure is a binding agreement between you and Samurex AI and forms part of our Terms of Service. Samurex AI develops and licenses algorithmic trading software on subscription. We are not a broker, dealer, investment adviser, portfolio manager or financial institution; your funds remain in your own brokerage account at all times and we never take custody. By using samurex.com, subscribing, or connecting our software to a brokerage, you accept everything below.

Trading currencies, equities and commodities is not suitable for everyone. Whether it is suitable for you depends on your finances, your experience and how much loss you can genuinely absorb without it changing your life.

2. The general warning

Leveraged trading in foreign exchange, equities and commodities carries a high risk to your capital. Part of what you commit, or the whole of it, can be gone. Only ever commit money whose complete loss would leave your life unchanged.

Prices move quickly and without notice. Leverage multiplies a loss exactly as efficiently as it multiplies a gain, and in adverse conditions losses can exceed your deposit. Liquidity can disappear, spreads can widen without warning, and a geopolitical or macroeconomic shock can invalidate a strategy overnight. If you are not confident you understand these mechanics, take advice from a licensed professional before trading anything.

3. What we do not promise

Samurex AI guarantees no profit and no protection from loss, because no such guarantee is possible in trading. Specifically, we do not promise:

• any particular return, win rate or performance figure;
• that live results will resemble historical, audited or backtested results;
• that an engine will behave as designed in every market condition;
• that your balance will stay above what you deposited;
• that orders will always be timely, accurate or error-free;
• that connectivity between our software and your broker will be continuous or free of latency.

4. Historical and simulated performance

Past performance does not indicate future results. Track records — including independently audited ones — describe what happened, not what will happen. Backtested and simulated figures deserve more scepticism still: they are constructed after the fact, benefit from hindsight, and exclude real frictions such as slippage, variable spreads, commissions, thin liquidity and the psychological weight of risking real money. Live results can and do differ materially from any model or backtest.

5. Drawdown is normal, not exceptional

Every strategy on this site has lost money in some months, and the published records show it. A drawdown is not evidence that something has broken; it is the ordinary cost of participating. The risk that matters is not whether a drawdown occurs but whether you abandon a strategy at its worst point, which is exactly when people usually do. Decide in advance what level of loss you would sit through, and size your capital so that number is one you can actually live with.

6. The specific risks of algorithmic trading

Connecting software to a live brokerage account introduces risks beyond manual trading. By using Samurex AI you accept all of the following:

• Infrastructure failure. Engines depend on software, servers, data feeds and internet connectivity. Outages, defects or cyber-attacks can cause missed entries, positions left open, or unintended orders.
• Broker-side failure. Your broker's platform, pricing or API can fail independently of us, and we cannot control or compensate for it.
• Execution risk. The price an engine intends is not always the price it receives. Gaps, weekend re-opens and thin liquidity can push a loss past its intended stop.
• Model risk. A strategy that worked in one market regime can stop working in another, sometimes for a long time, and sometimes permanently.
• Correlation risk. Running several engines does not guarantee diversification; in a genuine crisis, correlations tend to converge on one.
• Configuration risk. Position sizes and which engines run are set with your agreement. Settings that are too aggressive for your balance are a real and common cause of loss.

7. Pooled and percentage-allocation arrangements

If you choose to participate in a percentage-allocation (PAMM) or similar pooled arrangement offered by your broker, understand that delegated execution does not reduce trading risk: losses inside your allocation are yours. Samurex AI supplies connection technology only. We are not a money manager or fiduciary, we do not operate pooled accounts, and we make no representation about any such arrangement's terms, fees or record. Investigate one independently before allocating capital to it.

8. Off-exchange foreign exchange

Retail foreign exchange is generally not executed on a regulated exchange. Your dealer is typically your counterparty, which means your loss may be their gain, and they may add spreads, commissions and markups. There is no clearing house standing behind the trade. Understand your broker's model before you fund the account.

9. Tax

Trading profits and losses have tax consequences that differ by country, by instrument and by your personal circumstances. Samurex AI gives no tax advice and produces no tax reporting. Your broker's statements are the record; what you owe on them is between you and a qualified adviser.

10. Your acknowledgement

By using the Services you confirm that you have read this disclosure, that you understand trading can cost you your entire investment, that you are trading with money whose loss you can absorb, and that no statement made anywhere by Samurex AI — on this site, in a call, or in any material — is a guarantee of any outcome.

Questions before you begin: [email protected].