Risk Disclosure
Last updated: June 2025
HIGH RISK WARNING
Trading forex and CFDs involves significant risk of loss. According to industry data, approximately 70-80% of retail investor accounts lose money when trading these instruments. You should consider whether you understand how forex and leveraged products work and whether you can afford to take the high risk of losing your money.
1. General Risk Warning
Trading foreign exchange (forex) on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
2. No Guarantee of Profit
No trading system, signal service, or automated software — including PipReaper — can guarantee profits. Past performance is not indicative of future results. Any representations of potential earnings are estimates based on historical data and should not be considered guarantees. Real trading involves risk and there is no certainty that any strategy will be profitable.
3. Automated Trading Risks
Automated trading systems like PipReaper carry specific risks including but not limited to: software failures, connectivity issues, execution delays, slippage, gaps in market data, and unexpected market conditions. While we design our software to be reliable, no software is infallible. Users should monitor their automated trading systems and be prepared to intervene manually if necessary.
4. Leverage & Margin Risk
Forex trading typically involves leverage, which means you can control large positions with a relatively small amount of capital. While leverage can amplify profits, it can also amplify losses. A relatively small market move can lead to a proportionately much larger movement in the value of your investment. You may sustain losses exceeding your initial deposit. Understand leverage and margin requirements before trading.
5. Market & Liquidity Risk
Forex markets can be highly volatile, especially during news events, market openings, and periods of low liquidity. Prices can gap, spread can widen, and executions may differ significantly from expected levels. Weekend gaps, flash crashes, and geopolitical events can cause rapid and substantial losses that may exceed stop-loss levels.
6. Signal Service Disclaimer
Trading signals provided by PipReaper are for informational and educational purposes only. They do not constitute financial advice, investment advice, or trading advice. Signal accuracy varies and past signal performance does not guarantee future results. Users are solely responsible for their decision to follow or not follow any signal.
7. Regulatory Considerations
Forex trading regulations vary by jurisdiction. It is your responsibility to ensure that trading forex and using automated trading software is legal in your jurisdiction. PipReaper does not provide services in jurisdictions where forex trading is prohibited. Consult with a qualified financial advisor and ensure compliance with local regulations.
8. Third-Party Dependencies
PipReaper operates through MetaTrader 5 and depends on your broker's infrastructure. We are not responsible for actions, policies, execution quality, or failures of your broker, MetaTrader 5, internet service providers, or any other third-party service. Choose a reputable, regulated broker and maintain reliable internet connectivity.
9. Professional Advice
The information provided by PipReaper and its services does not constitute financial, legal, or tax advice. We strongly recommend consulting with qualified professionals before making any financial decisions. Every trader's situation is unique and what works for one person may not work for another.
Acknowledgement
By using PipReaper's software, signals, or any related services, you acknowledge that you have read, understood, and agree to this Risk Disclosure. You accept that trading involves substantial risk and that you are solely responsible for your trading decisions and results.
Questions? Contact us at support@pipreaper.com