Last updated: [10.01.2026]

Risk Disclosure

Exordium

This Risk Disclosure outlines the risks associated with using the Backtestra platform ("Service"). By using the Service, you acknowledge and accept the risks described below.

1. General Trading Risk

Trading financial instruments, including cryptocurrencies, derivatives, and other assets, involves substantial risk and may result in partial or total loss of capital.

You should only trade with funds you can afford to lose and carefully consider your financial situation, experience, and risk tolerance.

2. Backtesting Limitations

Backtesting uses historical market data and simulations to evaluate trading strategies. Backtest results have inherent limitations and do not represent actual trading.

  • First: Historical data may be incomplete or inaccurate
  • Second: Backtests do not account for real-time market liquidity
  • Third: Slippage, fees, and execution delays may not be fully reflected
  • Fourth: Market behavior may change significantly over time

As a result, backtested performance may differ materially from live trading results.

3. No Guarantee of Performance

There is no guarantee that any strategy, indicator, signal, or configuration will be profitable or perform as expected.

Past performance, whether actual or simulated, is not indicative of future results.

4. Automated Trading Risk

Certain features of the Service may allow automated strategy execution, signal generation, or API-based trading.

Automated trading involves additional risks, including:

  • First: Software bugs or system failures
  • Second: Incorrect strategy logic or configuration
  • Third: API downtime, latency, or connectivity issues
  • Fourth: Unexpected market volatility or extreme events

You are solely responsible for monitoring and controlling any automated trading activity.

5. Market and Liquidity Risk

Market conditions may change rapidly due to volatility, low liquidity, news events, or technical factors.

Orders may not be executed at expected prices or at all, resulting in losses greater than anticipated.

6. Data and System Risk

Backtestra relies on third-party data providers and infrastructure services. Data feeds, calculations, or platform availability may be interrupted, delayed, or contain errors.

Backtestra is not responsible for losses resulting from such issues.

7. Regulatory and Legal Risk

Trading and financial regulations vary by jurisdiction and may change over time.

You are responsible for understanding and complying with all applicable laws and regulations related to trading and the use of the Service in your jurisdiction.

8. No Investment Advice

Backtestra does not provide investment, legal, tax, or financial advice. Nothing on the Service should be interpreted as a recommendation to buy, sell, or hold any financial instrument.

9. Limitation of Liability

To the maximum extent permitted by law, Backtestra shall not be liable for any losses, damages, or claims arising from:

  • First: Use or misuse of the Service
  • Second: Reliance on backtest results or analytics
  • Third: Automated or manual trading decisions

10. Acceptance of Risk

By using the Service, you acknowledge that you understand the risks involved and accept full responsibility for your trading and investment decisions.

11. Contact

If you have any questions regarding this Risk Disclosure, please contact us at:

  • Email: support@backtestra.com