Risk Disclosure
Risk Disclaimer
The developers and providers of the SCT Flex Bot consider transparency important within the trading world, we want to clearly inform you in advance about several matters before you start with automated trading.
By signing this document, you confirm the following:
- The trading bot is 100% free of charge from our side.
- The developers and providers of the SCT Flex Bot do not manage user funds and never have access to your deposits.
- Trading with the trading bot involves financial risks.
- You may lose your deposit.
- Always adhere to the recommended risk management.
- The developers and providers of the SCT Flex Bot are not responsible for any losses.
- Always do your own market research.
- Understand that automated trading also carries risks, just like any other form of investing or trading.
Additional Provisions
No liability for software
The developers and providers of the SCT Flex Bot are not responsible for bugs, errors, malfunctions, or incorrect signals from the software. Use of the bot is entirely at your own risk.
No guarantee of results
No guarantees are given regarding profits, performance, or the accuracy of the bot. Historical results provide no guarantee whatsoever for the future.
Full personal responsibility
The user is fully responsible for every decision made with the help of the bot. The user understands that trading always carries risks, including those outside the control of the bot or its developers.
No management or access
The developers and providers of the SCT Flex Bot do not manage funds, never ask for login details, and at no time have access to the accounts or funds of the user.
Indemnification
By signing, the user indemnifies the developers and providers of the SCT Flex Bot from any liability for direct or indirect damage, losses, or claims arising from the use of the bot.
NDA / Confidentiality
The user agrees that all information related to the bot, the strategies, and documentation is strictly confidential and may not be shared with third parties without written permission from the developers and providers of the SCT Flex Bot.
Termination of use
The developers and providers of the SCT Flex Bot reserve the right to terminate access to the bot at any time and without reason.
Risk Levels
XAU/USD BOT
With a multiplier of 1, the equity stop is set at -30%, which means that the potential loss can amount to 30% of the account value once this stop is reached.
Forex Strategies
With a multiplier of 1, the equity stop is set at -15%, which means that the potential loss can amount to 15% of the account value once this stop is reached.
Slippage
The developers and providers of the SCT Flex Bot are not liable for additional losses that may arise due to slippage or market conditions causing the actual stop-loss not to be executed exactly at this percentage.