Risk disclosure

1. Purpose and personal responsibility

This disclosure outlines material risks in using analytical and automated trading tools. It is general information, not personal financial advice, and cannot cover every event that may affect an account.

Consider your objectives, income, obligations, experience and ability to absorb loss. Seek independent advice when you do not understand a product or its consequences.

2. Market risk

Prices can move against a position because of economic releases, issuer events, policy decisions, sentiment or changing expectations. A sound analysis can still lead to a losing outcome because markets price uncertain information.

Past movement, back-tested data and simulated results are not reliable indicators of future performance. A period that appears stable can change abruptly.

3. Volatility risk

High volatility increases the distance prices may move in a short time. It can create opportunity, but it also magnifies loss and can trigger orders at levels far from the most recently displayed price.

Lower volatility is not the same as safety. Risk can accumulate quietly before a sharp revaluation.

4. Liquidity and execution risk

A market may have too few willing buyers or sellers at the expected price. Orders can fill partially, be delayed or execute with slippage, particularly during disruption or outside deeper trading periods.

Displayed prices are indicative until an order executes. Network delay and venue rules can affect the final result.

5. Automation and model risk

An automated rule applies programmed logic to available data; it does not exercise human judgement or understand personal circumstances. Data gaps, unusual regimes and assumptions that no longer hold can produce unsuitable signals.

Customers should understand settings, limits and stop conditions. Leaving a tool unattended does not transfer responsibility for the account.

6. Technology and availability risk

Internet, device, provider, venue or software failures can delay information and instructions. Maintenance, cyber incidents or third-party outages can make functions temporarily unavailable.

Keep independent records and know how to contact support. A planned control may not execute if the relevant system or market is unavailable.

7. Digital asset risk

Digital asset markets can trade continuously and move sharply while a customer is asleep or offline. Valuation, custody, legal treatment, venue quality and withdrawal availability vary across assets and providers.

Some assets can lose most or all value. Australian consumer protections may not apply in the same way to every product or offshore venue.

8. Counterparty and custody risk

A service provider, payment firm, custodian or trading venue may fail, restrict access or become insolvent. The legal treatment of customer property depends on contracts, structure and jurisdiction.

Do not assume a brand, regulator reference or account statement means every asset is government guaranteed.

9. Currency, fee and tax risk

When an asset or transaction is denominated outside AUD, exchange-rate movement can add gain or loss independently of the underlying price. Spreads, financing, conversion and service costs reduce net performance.

Transactions may create Australian tax consequences and record-keeping duties. Tax treatment depends on individual facts and can change.

10. Before you start

Read the terms, fee schedule, withdrawal policy and product information. Begin only with money you can afford to lose, avoid borrowed funds and choose conservative limits while learning how the account behaves.

Test your ability to sign in, review activity, change settings and request help. Stop if a caller pressures you, promises a result or asks for remote access to your device.