Legal
Risk Disclosure
Effective 1 November 2025 · Last updated 26 March 2026
1. Purpose and Scope
This Risk Disclosure Statement is provided by Solo Clash L.L.C-FZ (Meydan Free Zone, Meydan Grandstand, 6th Floor, Meydan Rd, Nad Al Sheba 1, Dubai, UAE; license number: 2538558.01) to inform users of the significant risks associated with trading financial instruments and participating in the Company's proprietary trading challenges, evaluation programmes, and funded trading activities.
This Statement forms an integral part of the Terms & Conditions. By participating in any Challenge or otherwise engaging with the Company's services, you acknowledge that you have read, understood, and accepted the risks set out in this Statement.
2. No Investment Advice
The Company does not provide investment, financial, legal, or tax advice. All information provided by the Company is for general informational and educational purposes only and does not constitute personalised advice. You are solely responsible for evaluating the merits and risks of any trading decision you make.
3. Nature of the Services
The Company operates a challenge-based proprietary trading model comprising the following phases:
- Challenge Phase: Users trade on simulated accounts using virtual funds under defined trading conditions.
- Evaluation Phase: Users meeting performance targets may proceed to further assessment.
- Funded Account Phase: Users who successfully complete the evaluation may be granted access to trade a funded account with real capital.
Performance achieved on simulated accounts is not necessarily indicative of performance on funded accounts or in live market conditions.
4. Risks Associated with Trading
4.1 Market Risk — The value of financial instruments can fluctuate rapidly due to market volatility, geopolitical events, economic data releases, and other external factors. Sudden price movements may result in substantial losses.
4.2 Leverage Risk — Leverage magnifies both gains and losses. Even small price movements may result in significant financial losses that exceed the amount of capital allocated.
4.3 Liquidity Risk — Certain financial instruments may become illiquid during volatile market conditions, impacting the ability to enter or exit positions without adverse price movements.
4.4 Execution Risk — Order execution may be delayed, rejected, or executed at prices materially different from expected due to market volatility, slippage, technology limitations, or connectivity issues.
4.5 Technology and Operational Risk — The Company's services rely on technology platforms, third-party systems, and internet connectivity. Interruptions, outages, or cyber incidents may affect the ability to trade or manage positions.
4.6 Counterparty Risk — When trading on a funded account, the Company acts as the counterparty. Access to the account may be suspended or terminated at the Company's discretion, including for breach of terms or trading rules.
4.7 Regulatory Risk — Changes in laws, regulations, tax regimes, or supervisory practices may impact financial markets or the Company's operations, potentially affecting trading outcomes.
5. No Guarantee of Performance
Past performance, whether actual or simulated, is not indicative of future results. Success in simulated trading environments does not guarantee success in live trading with real capital. Participation in a Challenge or funded trading programme may result in the loss of all fees paid and does not guarantee any profit or continued access to trading capital.
6. Simulated Versus Live Trading
Simulated trading environments differ materially from live trading. Differences may include lack of market liquidity constraints, absence of real-world emotional and psychological factors, and variations in execution quality, order routing, and fill rates. These differences may result in simulated trading results that do not reflect real-world outcomes.
In accordance with CFTC Rule 4.41, hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading.
7. Your Responsibilities
By participating in the Company's Services, you acknowledge and agree that: you have read, understood, and accepted the risks described in this Statement; you are financially capable of bearing potential losses arising from trading activities; you will comply fully with the Rulebook and all trading requirements; and you will seek independent professional advice where necessary.
8. Limitation of Liability
To the fullest extent permitted by law, the Company shall not be liable for any losses, damages, or liabilities (including indirect, incidental, consequential, or special damages) arising from or in connection with your use of the Services or participation in trading activities. The Company's total aggregate liability shall not exceed the total amount of fees paid by you to participate in the Challenge.
9. Amendments
The Company may amend this Statement at any time. Any amendments shall be effective upon publication on the Company's website. Continued use of the Services following the publication of amendments constitutes your acceptance of the revised Statement.
10. Governing Law and Jurisdiction
This Statement shall be governed by and construed in accordance with the laws of the Dubai International Financial Centre (DIFC) and applicable UAE law. The courts of the DIFC shall have exclusive jurisdiction to settle any dispute arising out of or in connection with this Statement.
11. Contact Information
If you have any questions regarding this Statement or the risks involved in trading: [email protected]