Financial Risk Disclosure, Disclaimer and Limitation of Liability

1.Introduction and scope

This Financial Risk Disclosure, Disclaimer and Limitation of Liability applies to every use of the Obsidian Platform, including the website, terminal, engines, AI analysis, calculators and any communication from us. It forms part of our terms of use. Please read it carefully before you create an account or trade.

2.No investment advice

All information on the Platform is general and for information only. Nothing on the Platform is a personal recommendation, an offer or a solicitation to buy or sell any financial instrument. You make your own trading decisions and you are solely responsible for them.

3.Risk of loss

Trading financial markets involves a substantial risk of loss. Prices can move quickly and against you. You may lose some or all of your money, and with leveraged products you may lose more than you deposited. You should not trade with money you cannot afford to lose.

4.Leveraged products and CFDs

CFDs and similar products are complex and carry a high risk of losing money rapidly due to leverage. Margin requirements can change, positions can be closed by your broker without notice, and overnight funding and other charges apply. Make sure you understand your broker's terms.

5.Automated trading risks

The engines run pre-defined rules without human judgement. They can trade during unusual conditions, miss exits, enter at poor prices, or be affected by incorrect settings, symbol mapping errors, stale data, latency or bugs. Safety features such as the kill switch and Kill all button reduce but do not remove these risks.

You remain responsible for monitoring your broker account and for every order placed while an engine is armed in Live mode.

6.Past performance and simulated results

Past performance is not a reliable indicator of future results. Paper trading, backtests and simulated results are hypothetical. They do not account for real execution, slippage, spreads, fees, liquidity or the emotional pressure of live trading, and they may overstate what is achievable.

7.Third-party brokers and market data

Prices, balances and orders come from third parties, including your broker, MetaApi, IG and public data feeds. We do not control and are not responsible for their accuracy, availability, execution quality, fees, security or solvency. Delayed public data is for illustration only.

8.Technology, connectivity and outages

The Platform depends on the internet, cloud services, your devices and third-party systems. Outages, rate limits, delays, data errors and security incidents can happen. During such events the engines may not open, manage or close positions as expected.

9.Limitation of liability

To the fullest extent permitted by law, Obsidian and its directors, staff, partners and suppliers are not liable for any loss or damage, including trading losses, lost profits, lost opportunities or indirect and consequential loss, arising from your use of, or inability to use, the Platform, any engine, any AI analysis or any third-party service.

Where liability cannot be excluded, our total liability is limited to the fees you paid us in the 12 months before the claim. Nothing in this disclosure excludes liability that cannot be excluded by law.

10.Indemnity

You agree to indemnify and hold harmless Obsidian against all claims, losses, liabilities and costs arising from your trading, your broker relationship, your breach of our terms or your misuse of the Platform.

11.Governing law

This disclosure is governed by the laws of England and Wales, and the courts of England and Wales have exclusive jurisdiction.

12.Contact

If you have questions about these risks, contact info@obsidian.online before you trade.