Risk Disclosure Statement

Version 1.0 · Forms part of the SKEPTIX Terms and Conditions

1. General Risk Warning

1.1 SKEPTIX is a software development company. We design, build, license and support computer programs for chart analysis and trading. We are not a SEBI-registered Investment Adviser, Research Analyst, stockbroker, portfolio manager, or any other kind of registered financial intermediary in any jurisdiction.

1.2 Nothing on this Website, in any Deliverable, or in any communication from SKEPTIX constitutes investment, financial, trading, legal or taxation advice, or a recommendation, solicitation or inducement to buy, sell or hold any security, instrument, contract or asset.

1.3 Trading and investing in financial markets carry a substantial degree of risk and are not suitable for every person. You may lose some or all of your capital. You should not commit funds you cannot afford to lose. You should seek independent advice from an appropriately licensed professional if you are in any doubt.

2. India Track Disclosure

Purpose and Disclosure Statement

SKEPTIX is a software development company. Under its India Track, SKEPTIX builds custom analytical charting indicators to the client’s own written specification, for chart study, learning, analysis and demonstration use.

SKEPTIX is not a SEBI-registered Investment Adviser or Research Analyst. SKEPTIX does not provide investment advice, research recommendations, buy or sell calls, tips, targets, or market opinions of any kind.

Indicators supplied under the India Track are visual chart study tools. They display information on a chart for the user to study. They do not place orders, do not connect to any broker or trading account, and do not act on the user’s behalf in any way.

SKEPTIX makes no promise, guarantee or assurance of any profit, return, accuracy or outcome. Trading and investing in securities markets carry risk, including the risk of loss of capital. Any decision you take is your own decision, taken at your own discretion and risk.

Please consult a SEBI-registered investment adviser before taking any decision in the securities markets.

2.1 Full detail on the India Track’s regulatory position is set out in Part A of our Terms and Conditions.

3. Global Track Risk Disclosure

Risk Disclosure

Trading foreign exchange, gold, commodities, indices, contracts for difference and cryptocurrency carries a high level of risk and may not be suitable for all persons. The high degree of leverage available in these markets can work against you as well as for you. You may sustain a loss of some or all of your deposited capital, and you should not deposit money that you cannot afford to lose.

Software supplied by SKEPTIX is a tool. It is installed and operated by you, on your own account, with your own broker, using settings you choose. SKEPTIX does not operate your account, does not access your funds, and does not make trading decisions for you.

Automated programs may behave unexpectedly in live market conditions, including as a result of latency, slippage, price gaps, spread widening, broker execution behaviour, connectivity loss, data errors, platform faults and extreme volatility. You are responsible for supervising any program you run.

No representation is made that any account will or is likely to achieve results similar to any figure shown. Past performance, whether actual or simulated, does not indicate future results. SKEPTIX gives no guarantee, assurance or promise of profit or outcome of any kind.

4. Past Performance and Backtesting

4.1 Where SKEPTIX publishes any historical, backtested or simulated performance information, it is clearly labelled as such and states the instrument, timeframe, exact test period, and material conditions and assumptions applied.

Hypothetical and simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Because the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are 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.

4.2 Past performance, whether actual or simulated, does not indicate or guarantee future results. SKEPTIX does not publish, and does not authorise any person to publish on its behalf, any projection, forecast or expectation of future results.

5. Technology and Execution Risk

5.1 SKEPTIX does not warrant that any Deliverable will be uninterrupted, error-free, or compatible with every configuration. Software may behave unexpectedly due to factors outside our control, including platform changes, broker execution behaviour, connectivity loss, data errors, and extreme market volatility.

5.2 SKEPTIX is not responsible for platform availability, downtime, data feed accuracy, broker execution, pricing, spread, slippage, requotes, or any third party’s acts or omissions. See Clause 13 of our Terms and Conditions for the full position on third-party platforms.

6. Your Responsibility

6.1 You alone are responsible for your decisions; your choice of platform, broker and instrument; your settings and parameters; your risk management; and monitoring anything you run.

Every decision you take in any market, by any method, is your own independent decision, taken at your own discretion, on your own analysis, and at your own risk.
You should not rely on any illustration, screenshot or example published by SKEPTIX as a representation of any result you will obtain.
You are encouraged to consult a SEBI-registered investment adviser (India Track) or an appropriately licensed professional in your jurisdiction (Global Track) before taking any decision in the markets.