Risk Disclosure Statement

Trading digital assets and using copy-trading services involves significant risk, including the risk of total loss of capital. Read this Statement before using the Services.

1. Important Notice
This Risk Disclosure Statement (the "Statement") is part of the contractual framework that governs your use of the CopiFynex platform, together with the Terms of Service and the Privacy Policy. By opening an account, depositing funds, or following any trader or strategy on the platform, you confirm that you have read, understood, and accepted the risks set out below.

Trading digital assets and copy-trading services are not suitable for all investors. You should not commit any funds you cannot afford to lose entirely, you should not borrow funds to trade, and you should not allocate funds that are needed to meet your living expenses or financial obligations. If you have any doubt about whether the Services are appropriate for you, you should obtain independent professional advice before trading.

2. Nature of Digital Asset Trading
Digital assets, including cryptocurrencies, stablecoins, and tokenised instruments, are a relatively new asset class. Their value is influenced by a wide range of factors, many of which are unpredictable, including but not limited to changes in supply and demand, market sentiment, technological developments, security incidents, regulatory announcements, the actions of large holders, and macroeconomic conditions. Past performance is not a reliable indicator of future results. There is no guarantee that any digital asset will retain any value, that any market will remain liquid, or that any platform will continue to operate in its current form.

3. Volatility and Market Risk
Digital asset prices can move significantly within short periods. It is not unusual for an asset to lose half of its value or more in twenty-four hours. Movements of this magnitude are part of how the market behaves and are not a malfunction. Adverse moves can occur outside ordinary trading hours, when liquidity is thin, when an exchange is temporarily unavailable, or while you are unable to monitor your account. Losses may exceed any deposit if leverage is involved (see Section 5).

4. Liquidity, Slippage, and Order Execution
- Slippage: The price at which an order is filled may differ from the price you intended, particularly during periods of high volatility, on illiquid pairs, or when large orders are routed.
- Latency: A short, variable delay exists between a source trade and its replication on your account. The price available when your replicated order reaches the venue may be materially different from the price obtained by the trader you follow.
- Partial fills and rejections: Orders may fill only partially or be rejected by the venue. Stop-loss and take-profit orders are not guarantees of execution at a specified level.
- Liquidity gaps: Certain assets, especially those with low trading volume, may suffer from a lack of market depth, preventing positions from being opened or closed at the levels you target.

5. Leverage, Margin, and Liquidation
- Amplification of gains and losses: Leverage multiplies the impact of price movements on your account. A small adverse move can wipe out your initial margin and may, in some products, result in losses greater than the deposit.
- Liquidation: If account equity falls below the maintenance margin set by the venue, positions are liquidated automatically at the prevailing market price. That price may be significantly worse than your liquidation reference and there is no guarantee that the system can prevent further losses during sharp moves.
- Margin monitoring is your responsibility. CopiFynex does not guarantee that you will be notified of margin calls before liquidation, and the platform does not undertake to top up margin on your behalf.

6. Copy Trading Mechanics
When you follow a trader or strategy, the platform replicates qualifying trades on your account in proportion to your allocation. The following risks are inherent to this model:
- Selection risk: The decision to follow a particular trader, algorithm, or asset rests entirely with you. CopiFynex does not endorse, rank by skill, or guarantee the performance or integrity of any third-party strategy.
- Strategy changes: A trader or algorithm may change its style, instruments, leverage, or risk profile without prior notice. Such changes can produce an immediate and material change in the risk you are exposed to.
- Algorithmic risk: Quantitative strategies may degrade when market conditions diverge from the data on which they were calibrated. Models may produce unexpected outputs during outlier events or when market microstructure changes.
- Human discretion: Strategies operated by individuals are subject to human factors including fatigue, emotional bias, illness, and operational error. Past results do not guarantee future performance.
- Replication differences: Differences in available balance, position limits, accepted instruments, or venue-specific rules may cause your account to replicate only some of the source trader's positions, or to do so on different terms.

7. Custody Risk
Digital assets held in connection with the Services may be stored in hot wallets, warm wallets, or cold storage operated by CopiFynex or by third-party custodians and connected exchanges. Wallet infrastructure can be the target of exploits, key compromise, insider misconduct, or social engineering. Smart contracts used to deliver certain features may contain bugs, be exploited, or behave unexpectedly under stress. Insurance arrangements, where they exist, are limited in scope and do not guarantee a full recovery in the event of loss.

8. Counterparty and Venue Risk
The Services depend on counterparties such as connected exchanges, custodians, payment providers, banking partners, and on-chain infrastructure providers. These counterparties can become insolvent, suspend withdrawals, freeze accounts, change their terms, or discontinue services. CopiFynex's ability to access funds, execute orders, or process withdrawals may be impaired in any of these scenarios. You acknowledge that you bear the credit and operational risk of the counterparties through which the Services are delivered.

9. Stablecoin and Reference-Asset Risk
Stablecoins are designed to track a reference asset such as a fiat currency, but the peg is not guaranteed. Stablecoins may lose their peg temporarily or permanently, experience redemption suspensions, lose support of major venues, or become unable to honour withdrawals. Reserves may be invested in instruments that are themselves subject to credit, liquidity, and market risk. You should not assume that any stablecoin held on the platform is equivalent to fiat currency.

10. Network, Protocol, and On-Chain Risk
- Forks and consensus changes: Blockchains may undergo planned or contentious forks that result in two competing chains or in a change in protocol rules. CopiFynex is not obligated to support every fork, every airdrop, or every new asset that arises from such events.
- Network congestion: Periods of high traffic can lead to delayed confirmations, elevated fees, and failed transactions.
- Address and network errors: Funds sent to the wrong address, on the wrong network, or to a contract that does not support the asset may be unrecoverable.
- Validator and bridge risk: Cross-chain transfers and staking arrangements introduce additional risks, including bridge exploits, slashing, and withdrawal queues.

11. Operational and Technological Risk
The Services depend on hardware, software, networks, and third-party APIs. Outages, maintenance, software defects, denial-of-service attacks, internet routing issues, and regional power or connectivity failures may interrupt access to the platform, prevent orders from being placed or replicated, or cause displayed data to be temporarily inaccurate. CopiFynex does not guarantee uninterrupted availability of the Services or of any specific feature.

12. Cybersecurity Risk on the User Side
- Account takeover: Reused or weak passwords, devices infected with malware, and SIM-swap attacks can lead to account takeover and unauthorised withdrawals. You should enable two-factor authentication and use a unique password.
- Phishing and social engineering: Attackers may impersonate CopiFynex, customer support agents, traders, or community moderators. CopiFynex will never ask you to share a password, two-factor code, recovery phrase, or to send funds to an external address as part of customer service.
- API key handling: If you connect a third-party exchange via API, you are responsible for restricting permissions (for example, disabling withdrawal scope) and for revoking keys when they are no longer needed.

13. Regulatory and Legal Risk
The legal status of digital assets, copy trading, and related services varies between jurisdictions and is evolving. Future legislation, regulations, court decisions, enforcement actions, or sanctions may restrict, interrupt, or terminate access to the Services or to specific instruments and features. You are responsible for complying with the laws applicable to you. CopiFynex may suspend, restrict, or terminate access to the Services where required by law or where, acting reasonably, it considers it necessary to do so. See our Regulatory Licenses page for the current authorised footprint and the list of restricted regions.

14. Conflicts of Interest
CopiFynex receives platform fees, performance fees, spread, and similar amounts in connection with the Services, and may pay rebates or referral commissions to traders, partners, and affiliates. These arrangements may create conflicts of interest. We maintain internal controls designed to identify and manage conflicts so that information shown to users is fair and not misleading, but conflicts cannot be eliminated entirely. You should consider this when relying on any data, ranking, or recommendation displayed on the platform.

15. Tax Obligations
You are solely responsible for determining the taxes that apply to your activity on the Services and for filing the relevant returns with the competent authorities. CopiFynex does not provide tax advice. Information made available through the platform is for general informational purposes only and is not a substitute for advice from a qualified tax professional in your jurisdiction.

16. No Financial, Legal, or Tax Advice
CopiFynex operates as a technical service provider. Nothing on the platform, including trader profiles, leaderboards, performance statistics, market commentary, automated analytics, or AI-generated summaries, constitutes investment, legal, accounting, or tax advice, a personal recommendation, a solicitation, or an offer to buy or sell any financial instrument. No fiduciary or advisory relationship is created by your use of the Services.

17. Past Performance Disclaimer
Historical returns, win rates, drawdown statistics, and similar metrics shown on the platform are informational only. Past performance is not indicative of, nor a guarantee of, future results. Reported numbers may include the effect of fees, leverage, or risk parameters that are different from those that will apply to your account.

18. Suitability and Risk Tolerance
Before using the Services, you should rigorously assess your investment objectives, financial situation, knowledge of digital assets and trading mechanics, and your tolerance for losses. Copy trading is not a substitute for understanding the instruments you are exposed to. If you do not fully understand the risks described in this Statement, you should not use the Services until you do.

19. Severability and Order of Precedence
If any provision of this Statement is held to be invalid or unenforceable in any jurisdiction, that finding will not affect the validity or enforceability of the remaining provisions, which will continue in full effect. In the event of any inconsistency between this Statement and the Terms of Service, the Terms of Service prevail.

20. Acknowledgement
By using the Services, you confirm that you have read this Statement, that you understand the risks described, that you accept these risks freely and voluntarily, and that you accept full responsibility for your trading decisions. You agree that CopiFynex, its affiliates, officers, employees, and agents will not be liable for any losses, costs, or damages arising from your trading activity, except to the extent that liability cannot be excluded under applicable law.

Last updated: April 2, 2026