1. Educational Purpose Only
1.1 Platform Scope
FXNext is designed exclusively for:
- Educational research - Learning technical analysis and market patterns
- Strategy testing - Backtesting historical data and signal analysis
- Risk management practice - Understanding position sizing and stop losses
- Market observation - Studying gold market movements and indicators
1.2 What We Are NOT
FXNext does NOT provide:
- Financial advice or investment recommendations
- Guaranteed profitable trading signals
- Broker services or trade execution
- Regulated investment advisory services
- Tax, legal, or accounting advice
2. Trading Risks
You acknowledge and accept the following risks:
2.1 Market Risk
- Gold prices are highly volatile and can move rapidly
- Market conditions can change instantly without warning
- Geopolitical events can cause extreme price swings
- Past performance does NOT indicate future results
2.2 Leverage Risk
- Leverage can magnify both profits AND losses
- You can lose your entire account balance
- Margin calls can force position closures at unfavorable prices
- High leverage (100:1, 500:1) is EXTREMELY RISKY
2.3 Signal Risk
- AI-powered signals can be WRONG
- Technical indicators are NOT foolproof
- Signal delays or errors can occur
- No signal service achieves 100% accuracy
2.4 Execution Risk
- Slippage can occur during volatile markets
- Stop losses may not execute at the exact price
- Gap movements can skip your stop loss entirely
- Broker execution quality varies
3. No Guarantee of Profitability
IMPORTANT: FXNext makes NO promises or guarantees regarding:
- Trading profits or positive returns
- Win rate or signal accuracy
- Consistent monthly income
- Success in prop firm challenges
- Account growth or profit targets
- Recovery of losses or drawdowns
Reality Check: Most retail traders lose money. Statistics show 70-90% of forex traders experience losses. Your results may be similar or worse.
4. Backtesting Limitations
Our backtesting tools have serious limitations:
- Historical bias: Past market conditions don't predict future behavior
- Overfitting: Strategies optimized on old data often fail in live markets
- Missing slippage: Backtests don't account for execution delays
- No spread modeling: Real broker spreads reduce actual profits
- Survivorship bias: We only test on data that exists
- Curve fitting: Great backtest ≠ future success
Never assume backtest results will replicate in live trading. They won't.
5. AI & Technology Limitations
5.1 AI Predictions
Our AI-powered analysis is:
- Based on historical patterns (not magic)
- Subject to model errors and biases
- Limited by training data cutoff dates
- Unable to predict black swan events
5.2 Technical Issues
Platform reliability risks:
- System downtime or outages
- Data feed interruptions from market data providers
- Delayed signal notifications
- Software bugs or calculation errors
6. Your Responsibilities
By using FXNext, you agree to:
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Do your own research - Never blindly follow signals
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Risk only what you can afford to lose - Never trade with rent money, savings, or borrowed funds
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Understand the markets - Learn technical analysis, risk management, and trading psychology
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Use proper risk management - Always set stop losses and manage position sizes
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Consult professionals - Seek advice from licensed financial advisors
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Practice first - Use demo accounts before risking real money
7. Limitation of Liability
To the maximum extent permitted by law:
- FXNext is NOT liable for trading losses
- We do NOT compensate for lost profits or damages
- Platform errors or downtime do not entitle you to refunds beyond subscription fees
- You use this platform entirely AT YOUR OWN RISK
- Our maximum liability is limited to subscription fees paid
8. Regulatory Disclaimer
FXNext is NOT:
- A registered investment advisor (RIA)
- A licensed broker-dealer
- A commodity trading advisor (CTA)
- Regulated by the SEC, CFTC, or NFA
We operate as an educational software platform only. Check your local regulations regarding trading signal services.
9. Prop Firm Trading
If using FXNext signals for proprietary trading firm challenges:
- Most traders FAIL prop firm challenges
- Challenge rules are strict (max drawdown, profit targets)
- FXNext does NOT guarantee challenge success
- One bad signal can violate drawdown limits
- Challenge fees are non-refundable if you fail
Do NOT rely solely on FXNext to pass funded challenges.
10. Data Accuracy
While we strive for accuracy, data may be:
- Delayed or outdated
- Inaccurate due to provider errors
- Different from your broker's prices
- Subject to technical glitches
Always verify prices with your broker before trading.
11. Changes to This Risk Policy
We may update this Risk Policy at any time. Continued use of the platform after changes constitutes acceptance. Review this page regularly.
12. Acknowledgment
By using FXNext, you acknowledge that:
- ✓ You have read and understood this entire Risk Policy
- ✓ You accept all risks associated with trading
- ✓ You will not hold FXNext liable for losses
- ✓ You are legally permitted to trade in your jurisdiction
- ✓ You are at least 18 years old
- ✓ You understand this is an educational platform only