1. INTRODUCTION
This Risk Disclosure Statement (“Disclosure”) explains the significant risks associated with trading financial instruments and with the use of any software, tools, indicators, scripts, Expert Advisors (“EAs”), or automated systems provided by barmenteros FX (“we”, “us”, “our”).
By using our software or commissioning our services, you (“Client”, “you”, “your”) acknowledge that you have read, understood, and accepted the risks described below. If you disagree with any part of this Disclosure, you must not use our tools or engage in trading based on them.
This document should be read together with our Terms and Conditions of Service.
2. HIGH-RISK NATURE OF FINANCIAL TRADING
Trading in financial instruments involves substantial risk of loss. Trading leveraged products such as forex, CFDs, futures, commodities, cryptocurrencies, or indices can expose you to losses exceeding your initial investment.
Key risks include, but are not limited to:
- Market volatility
- Liquidity fluctuations
- Slippage during execution
- Platform delays or outages
- Unexpected economic or political events
- Gap openings
- Broker execution differences
- Systemic risks related to financial markets
You should trade only with risk capital — funds you can afford to lose without compromising your financial security or lifestyle.
Historical performance is not a reliable indicator of future results.
3. NO PROFIT GUARANTEE OF ANY KIND
You fully understand and acknowledge that:
- No software, algorithm, EA, or tool — custom or pre-built — can guarantee profits.
- Any profit expectations are solely your own.
- Even well-designed strategies may incur significant losses depending on market conditions.
- Profitability may vary across brokers, account types, spreads, liquidity conditions, and execution models.
barmenteros FX makes no guarantee — express or implied — that:
- Any tool will be profitable
- Any performance will match backtests or simulations
- Losses will be limited
- Specific signals, indicators, or logic will generate positive results
4. LIMITATIONS OF HYPOTHETICAL OR SIMULATED PERFORMANCE
Backtests, simulations, strategy testers, and historical data analysis have inherent limitations.
You accept that simulated or hypothetical performance:
- Does not reflect actual trading
- May not include execution delays, slippage, liquidity issues, or broker-specific behaviors
- Is performed with the benefit of hindsight
- Is often overly optimistic compared to real-time results
- Cannot predict future performance under real market conditions
Simulations may under- or over-compensate certain market factors and cannot guarantee future outcomes.
5. NO INVESTMENT, FINANCIAL OR TRADING ADVICE
barmenteros FX provides software development services, not investment advice.
We do not:
- Provide financial recommendations
- Offer trading signals
- Advise on market direction
- Manage accounts or execute trades
- Recommend brokers or risk settings
- Suggest when to enter or exit trades
- Evaluate the suitability of trading strategies
The tools you receive are technical implementations of your specifications.
We do not review, validate, or judge the commercial viability or performance of your trading ideas.
6. CLIENT RESPONSIBILITY
You accept that:
- You are the sole decision-maker in all trading operations.
- You are responsible for running your own analysis, testing, and risk management.
- You must evaluate whether trading is appropriate for your financial situation, experience, and objectives.
- You must thoroughly backtest and forward-test any tool provided by barmenteros FX on a demo account before using it with real money.
- You must understand how the tool works, including all parameters, logic, and risks.
Any attempt to use our tools with a live account is entirely at your own risk.
7. PLATFORM DIFFERENCES & TECHNICAL RISKS
Automated trading tools may behave differently depending on:
- Broker execution
- Account type
- Spread commissions
- Slippage and liquidity
- VPS performance
- Internet stability
- MetaTrader build updates
- Changes introduced by brokers or liquidity providers
- Server time differences
- Custom indicator dependencies
- Third-party library updates
barmenteros FX is not liable for:
- Platform outages
- Broker-side failures
- Network interruptions
- Hardware or device issues
- Local configuration errors
- Misuse or misunderstanding of parameters
8. SOFTWARE LIMITATIONS
All tools, even when coded correctly, may:
- Execute unexpected trades
- Misinterpret data due to broker differences
- Miss trades due to market conditions
- Generate false signals
- Perform differently across platforms
- Fail under extreme market movements
- Require periodic updates for compatibility
You acknowledge that technical issues do not imply profitability issues, and vice versa.
9. NO LIABILITY FOR LOSSES
To the fullest extent permitted by law:
- barmenteros FX shall not be liable for any financial loss, including trading losses, whether direct or indirect.
- We shall not be liable for lost profits, lost opportunities, drawdowns, margin calls, or account liquidation.
- You agree not to hold barmenteros FX responsible for any damages arising from use or misuse of our tools.
Your use of any automated tool implies full acceptance of personal responsibility for outcomes.
10. CLIENT DUE DILIGENCE
You confirm that:
- You understand the nature of algorithmic trading and its risks
- You have sufficient technical knowledge to operate and test automated software
- You will not operate trading tools without understanding their behavior
- You will conduct robust due diligence before live trading
- You have assessed the risks based on your experience, financial situation, and objectives
11. NO GUARANTEE OF ACCURACY OR CONTINUITY
barmenteros FX:
- Does not guarantee uninterrupted tool operation
- Does not guarantee compatibility with all brokers/platforms
- Does not guarantee accuracy of signals or logic
- Does not guarantee error-free performance
- Does not guarantee future updates for third-party changes unless contractually agreed
Your tools are provided as is, with no warranties other than those explicitly defined in our T&C.
12. ACKNOWLEDGEMENT
By commissioning or using any tool, indicator, EA, script, or software from barmenteros FX, you acknowledge and agree that:
- You understand the inherent risks of trading
- You understand the limitations of automated systems
- You take full responsibility for all outcomes
- You will not hold barmenteros FX liable for any financial loss
- You accept that no profit or performance is guaranteed
- You have read and accepted both this Disclosure and the Terms and Conditions
13. CONTACT INFORMATION
barmenteros FX
Avenida Principe Salman, 6, 5th
29603 Marbella (Malaga) — Spain
Email: [email protected]
NIF: 74640188J