⚠️ Risk Disclaimer
Last Updated: February 12, 2026
Trading foreign exchange (Forex/FX) and Contracts for Difference (CFDs) on margin carries a HIGH LEVEL OF RISK and may not be suitable for all investors. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite.
YOU COULD LOSE SOME OR ALL OF YOUR INITIAL INVESTMENT. DO NOT TRADE WITH MONEY YOU CANNOT AFFORD TO LOSE.
Industry Risk Statistics
Understanding the Risks
Leverage Risk
The high degree of leverage available in Forex trading can work against you as well as for you. Leverage magnifies both profits and losses. A small market movement can result in proportionally larger losses to your trading capital.
Market Risk
Forex markets are volatile and can move rapidly due to various factors including:
- Economic news and data releases
- Political events and geopolitical tensions
- Central bank decisions and policy changes
- Natural disasters and unexpected events
- Market sentiment and speculation
Technical Risk
Automated trading systems like Golden Viper EA are subject to technical risks including:
- Internet connectivity failures
- Power outages
- Server downtime (VPS or broker)
- Software bugs or errors
- Execution delays and slippage
- Broker platform issues
Broker Risk
Your trading results may be affected by your broker's practices:
- Spread widening during high volatility
- Requotes and order rejection
- Stop loss hunting (by some brokers)
- Execution quality and speed
- Broker insolvency or regulatory issues
No Guarantee of Profits
WE DO NOT GUARANTEE ANY PROFITS OR SPECIFIC RESULTS.
Past performance is NOT indicative of future results. Any trading results shown on our website, marketing materials, or testimonials are hypothetical or from specific accounts and should NOT be considered typical results.
Every trader's results will vary based on their starting capital, risk settings, broker, market conditions, and other factors beyond our control.
Hypothetical Performance Disclaimer
Hypothetical or simulated performance results have certain limitations. Unlike actual trading records, simulated results do not represent actual trading. Also, since trades have not been executed, results may under-or-over compensate for impact of certain market factors such as lack of liquidity.
Simulated trading programs are generally designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
⚠️ Backtest Results Disclaimer
The results shown on our website (+180% returns, 238 trades) are BACKTEST RESULTS.
Backtest results are NOT indicative of future live trading performance.
Backtesting has significant limitations:
- Perfect execution: Backtests assume perfect order execution with no slippage
- Historical data quality: Results depend on data accuracy and completeness
- No real spreads: Backtests may not account for variable spreads during news/volatility
- No requotes: Live trading may experience requotes and order rejections
- Hindsight bias: Strategies can be curve-fitted to past data
- Market conditions change: Past patterns may not repeat in the future
- Risk settings vary: Your results will differ based on lot size, risk %, and settings
A profitable backtest does NOT guarantee profitable live trading.
🔍 Verify Before You Trade
We strongly recommend you verify our results before trading with real money:
- ✅ Check our live Myfxbook account (link provided after purchase) for real-time verified results
- ✅ Run your own backtest on your broker's platform with your data
- ✅ Test on demo account first for at least 2-4 weeks
- ✅ Start with minimum capital when going live
- ✅ Understand the settings and how they affect risk/reward
We provide transparent access to our live Myfxbook account so you can independently verify performance before risking your capital.
📊 Market Conditions Vary
Trading results vary significantly based on market conditions:
- Trending markets vs ranging markets produce different results
- High volatility periods (news events, crises) can cause unexpected losses
- Broker spreads and execution quality affect profitability
- Economic conditions change — what worked before may not work now
- Your specific entry timing affects your results
We cannot guarantee any specific results. Your actual performance will vary.
⚠️ Demo vs Live Account Warning
Demo account performance often differs from live account performance.
Key differences between demo and live trading:
- Execution speed: Demo orders execute instantly; live orders may have delays
- Slippage: Demo has zero slippage; live trading experiences real slippage
- Spreads: Demo spreads are often tighter than live spreads
- Liquidity: Demo has unlimited liquidity; live markets may lack liquidity
- Psychological factors: Trading real money involves emotions that demo cannot replicate
- Broker behavior: Some brokers treat demo and live accounts differently
Profitable demo trading does NOT guarantee profitable live trading.
Your Responsibilities
Not Financial Advice
Golden Viper EA is an automated trading software tool. We are NOT:
- Registered financial advisors
- Investment advisors
- Brokers or broker-dealers
- Licensed money managers
- Providing personalized investment advice
Any information provided by us is for educational and informational purposes only. It should NOT be construed as investment advice, trading advice, or a recommendation to buy or sell any financial instrument.
💰 REQUIRED: Proper Money Management
Golden Viper EA is a tool — proper money management is required for success.
The EA provides settings to control risk, but YOU must:
- ✅ Set appropriate lot sizes for your account balance
- ✅ Choose risk settings that match your risk tolerance
- ✅ Withdraw profits regularly to lock in gains
- ✅ Never risk more than you can afford to lose
- ✅ Use a VPS for 24/7 uninterrupted operation
- ✅ Do NOT interfere with trades manually (let the EA work)
Poor money management can turn a profitable system into losses. This is YOUR responsibility.
Recommended Risk Management
If you choose to use Golden Viper EA, we strongly recommend:
- Start with a demo account - Test thoroughly for 2-4 weeks before using real money
- Use conservative settings first - Start with lower lot sizes, increase gradually
- Use proper position sizing - Never risk more than 1-2% per trade
- Let profits compound OR withdraw - Your choice, but have a plan
- Use a VPS - Ensure reliable 24/7 operation (we recommend ForexVPS or similar)
- Monitor weekly - Check performance but don't interfere with individual trades
- Diversify - Don't put all your capital in one trading strategy
- Only trade what you can afford to lose - This cannot be stressed enough
Limitation of Liability
TO THE FULLEST EXTENT PERMITTED BY LAW:
- Viprasol Tech and Golden Viper EA shall NOT be liable for any trading losses you incur
- We are NOT responsible for any direct, indirect, incidental, consequential, or punitive damages
- Our maximum liability is limited to the amount you paid for the software license
- You agree to hold us harmless from any claims arising from your use of the software
Acknowledgment & Agreement
1. I have read and understood this Risk Disclaimer in its entirety
2. I understand that results shown are BACKTEST results, not guaranteed future results
3. I understand the high risks involved in Forex trading
4. I accept that I may lose some or all of my invested capital
5. I take FULL responsibility for my trading decisions and results
6. I understand that market conditions vary and affect results
7. I am responsible for proper money management and risk settings
8. I have verified results via Myfxbook or tested on demo before going live
9. I will NOT blame or hold Viprasol Tech liable for any trading losses
10. I understand that no trading system can guarantee profits
11. I have sought independent financial advice if needed
🚫 No Liability for Losses
By purchasing and using Golden Viper EA, you agree to:
- Hold Viprasol Tech harmless from any trading losses you may incur
- Not file disputes, chargebacks, or legal claims based on trading losses
- Accept full responsibility for your trading decisions and outcomes
- Acknowledge that past performance (backtest or live) does not guarantee future results
Trading losses are a normal part of Forex trading. We provide a tool — you control how it's used. You are responsible for your results.
Questions?
If you have any questions about the risks involved in Forex trading or using automated trading systems, please:
- Consult with a licensed financial advisor
- Research Forex trading risks thoroughly
- Contact us at @goldenviper_support