Risk Disclosure Statement
Last updated: March 9, 2026
This risk disclosure statement is provided in accordance with best practices for financial services websites. Please read it carefully before using any trading tools or information provided by SteadyPips.
Forex Trading Risks
Trading foreign exchange (Forex) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite.
Key risks include:
- Leverage risk: The high degree of leverage available in forex trading can work against you as well as for you. Leverage can lead to large losses that exceed your initial deposit.
- Market risk: Currency prices can be highly volatile and are influenced by many factors including economic data, geopolitical events, central bank decisions, and market sentiment.
- Liquidity risk: In certain market conditions, it may be difficult or impossible to execute trades at desired prices.
- Gap risk: Prices can gap significantly between trading sessions, especially over weekends, potentially triggering stop-losses at worse prices than expected.
Automated Trading Risks
Expert Advisors (EAs) and automated trading systems carry additional risks:
- Technical failure: EAs can malfunction due to software bugs, connectivity issues, or platform errors.
- Over-optimization: An EA that performs well in backtesting may not perform the same way in live markets (curve fitting).
- Market regime changes: EAs are typically designed for specific market conditions. When conditions change, performance may deteriorate significantly.
- Execution risk: Slippage, requotes, and order execution delays can affect EA performance.
- VPS/Server risk: If your VPS or computer goes offline, the EA cannot manage open positions.
Past Performance Disclaimer
Past performance is not indicative of future results. Any trading results, backtests, or performance metrics shown on this website are hypothetical and do not guarantee future performance. Hypothetical performance results have many inherent limitations, including:
- They are generally prepared with the benefit of hindsight
- They do not reflect actual trading and may not account for all market factors
- No representation is being made that any account will or is likely to achieve profits or losses similar to those shown
Financial Advice Disclaimer
SteadyPips does not provide financial advice, investment advice, or trading recommendations. All content on this website is for educational and informational purposes only. You should:
- Seek advice from an independent, qualified financial advisor
- Never trade with money you cannot afford to lose
- Fully understand the risks involved before trading
Suitability
Forex trading is not suitable for all investors. You should not trade forex if:
- You cannot afford to lose your entire investment
- You do not understand how leverage works
- You are not comfortable with high-risk investments
- You need the money for essential living expenses
Your Responsibility
By using our website and EAs, you acknowledge that:
- You understand and accept the risks described above
- You are solely responsible for your trading decisions
- You will not hold SteadyPips liable for any trading losses
- You have read and understood our Terms of Use
Contact
If you have questions about the risks of forex trading, please contact us at contact@steadypips.net. We strongly recommend consulting a qualified financial advisor before starting to trade.