Risk Disclosure

SECTION 01

What you can lose

Trading on Leofins accounts is simulated, so you cannot lose trading capital. The money you can lose is the evaluation fee you pay, and you should treat that fee as an amount you can comfortably afford to lose.

The fee is reimbursed only if you pass the evaluation and complete a payout cycle. Most participants do not reach that point.

SECTION 02

No promise of income

—Passing an evaluation is not a job offer, a guarantee of payouts or a predictable income stream.—Most participants fail their first evaluation, and a majority of funded accounts breach a loss limit before a second payout.—Any figures we publish — payout totals, averages, tournament prizes or trader results — are historical and are not a forecast of your outcome.

SECTION 03

We are not a broker or adviser

Leofins does not hold client money, does not execute orders on a live venue and is not authorised as an investment firm. Nothing on this site is investment advice, a personal recommendation or a solicitation to trade real instruments.

Educational material, market analysis and desk notes are general information only. They do not consider your circumstances and should not be relied on as advice.

SECTION 04

Market and execution risk in the simulation

—Simulated prices follow live market data, so spreads widen, slippage occurs and gaps happen exactly as they would live.—Leverage magnifies both gains and losses and can breach a daily loss limit within seconds.—News releases, holidays, low liquidity and weekend gaps can move an account past a loss limit while you are not at the screen.—Platform, internet or data-feed outages can prevent you from managing a position, and no outage extends or resets an objective automatically.

SECTION 05

Behavioural risk

Evaluations create time pressure and loss aversion. Revenge trading, over-sizing after a drawdown and chasing a consistency target are the most common reasons accounts fail. If trading is affecting your finances, sleep or wellbeing, stop and seek support.

SECTION 06

Jurisdiction and tax

The programme is not available everywhere, and it is your responsibility to confirm you may lawfully participate from your country of residence. Amounts we pay you may be taxable income; we do not withhold tax on your behalf and we do not provide tax advice.

QUESTIONS ABOUT THIS DOCUMENT

Write to legal@leofins.com, or ask a plain-language question through 24/7 support. Practical summaries of the rules referenced here live on trading objectives, fees and the FAQ. This document is provided for information and does not constitute legal or financial advice.