Risk Disclaimer.

01 · General Risk Notice

Trading futures contracts — even in a simulated environment — involves substantial risk and is not suitable for every investor. The information provided on the Platform is for educational and skill-assessment purposes only.

You should not trade with money you cannot afford to lose.

02 · Simulated Trading

All trading on the Tradephex platform uses simulated market data. Simulated trading does not perfectly replicate real-market conditions. Specifically, simulated environments cannot account for:

• Liquidity constraints during real-market stress
• Slippage on large or illiquid orders
• Broker rejection of orders during high volatility
• Emotional pressure of risking real capital

Success in evaluations does not guarantee success in real-market trading.

03 · No Investment Advice

Tradephex does not provide investment, financial, legal, or tax advice. Any educational content, AI-generated trade ideas, or chart annotations are informational only and should not be relied upon as advice.

You should consult with a licensed professional before making any financial decisions.

04 · Past Performance

Hypothetical or simulated performance results have inherent limitations. They do not represent actual trading and do not guarantee future results. Many factors that affect actual market trading cannot be fully simulated.

05 · Evaluation Outcomes

Most evaluations do not pass. Skill, discipline, and adherence to risk rules are required to succeed. Tradephex makes no representation that any individual will pass an evaluation, achieve funded status, or earn any specific profit amount.

06 · Funded Account Earnings

Funded account earnings are paid from Tradephex's own profit pool. Earnings depend on the trader's individual performance and adherence to ongoing rules. There is no guarantee of any specific or sustained earnings.

07 · Regulatory Status

Tradephex LLC is not a registered broker-dealer, futures commission merchant (FCM), commodity trading advisor (CTA), commodity pool operator (CPO), or investment advisor. We do not hold customer funds, execute trades on actual exchanges, or provide brokerage services.

The Platform is a skill-assessment program, not a licensed financial product.