Understanding the Risk Disclosure
The short version of what every trader should know.
Updated July 30, 2026
Leveraged trading in futures and forex is speculative, involves substantial risk of loss, and is not suitable for everyone. Leverage magnifies both gains and losses, and depending on the instrument and account rules, losses may exceed deposited funds.
Ciphora Confluence Engine is decision-support software. It does not predict the future, does not guarantee profitability, does not constitute financial advice, and does not replace risk management. Decisions made with it, and their outcomes, are the trader's responsibility.
The complete Risk Disclosure is published on this site under Legal, and it forms part of the Terms of Service.
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