Risk Disclosure

1. Vorex provides research, not advice

Vorex is a software-as-a-service research terminal. We publish market data, AI-generated commentary, news, and algorithmic trading signals (entry zones, targets, stop-loss levels, conviction scores).

Nothing on Vorex is personalized investment advice. We don't know your financial situation, tolerance for loss, tax position, or goals. Every signal we publish is information, not a recommendation that you, specifically, should take a particular trade.

Vorex is read-only. We don't hold custody of your funds, we don't have API write access to your exchange accounts, and we don't execute trades on your behalf. Every order you place is your decision and your responsibility.

2. Crypto markets are volatile

Crypto-asset prices can swing 20%, 50%, or more in a single day. They have done so historically and they will again. Liquidity can disappear in seconds. Spreads can widen and stops can slip far past their trigger.

You can lose more than you expect — not just because the market moves against you, but because of:

• Stop-loss slippage — your stop fires at a worse price than displayed.
• Exchange downtime — you can't exit a position because the platform is offline.
• Liquidations — if you trade with leverage, a small move can wipe your collateral.
• Funding spikes — on perpetual swaps, funding payments can erode a held position significantly.
• Flash crashes and wicks — large but momentary moves that can trip your stop without recovering.
• Counterparty failure — the exchange or custodian itself becoming insolvent.

3. Past performance is not predictive

Where we publish performance numbers, they are based on real closed signals from our public ledger. They are not:

• Your personal results — your fills, fees, slippage, and timing will differ.
• Adjusted for the funds you risked or the size of your positions.
• Net of taxes (which you will owe on any gains).

Backtests carry additional caveats: they assume perfect fills at signaled levels, they may not include all real-world frictions, and they suffer from look-ahead bias and over-fitting risks inherent to any historical simulation.

4. Conviction scores are not certainty

Vorex publishes a "conviction" score (0-100) with each signal. This score is an internal estimate from our model of how aligned a setup is with historical edge factors at that moment. A high score does not mean the trade will work. A score of 87 is an opinion produced by software, not a guarantee.

Treat conviction the way you'd treat a confidence interval — it should inform position sizing, not eliminate doubt.

5. AI-generated content can be wrong

Our Copilot and Morning Brief use large language models (Anthropic's Claude). LLMs can:

• Hallucinate — produce text that sounds plausible but is factually wrong.
• Cite incorrectly — reference articles or numbers that don't say what the AI claims.
• Lag — work from training data that is months or years out of date for non-real-time content.
• Misinterpret — get tone, nuance, or context wrong.

Always verify a claim before acting on it. The AI is a research assistant, not an oracle.

6. Leverage and derivatives multiply risk

Some Vorex signals reference perpetual swaps, funding rates, or other derivative markets. If you trade these on leverage:

• Losses are amplified in the same proportion as gains.
• You can be liquidated, losing your collateral entirely on a relatively small adverse move.
• Funding payments can erode positions held across funding events.
• You may owe more than you deposited in some jurisdictions or product structures.

If you don't fully understand the product, the leverage, and the margin requirements, don't trade it.

7. Regulatory and tax risk

Crypto regulation differs by country and is changing fast. Tokens that are legal in one jurisdiction may be restricted in another. Exchanges that operate in your jurisdiction today may be forced to close tomorrow. New rules can affect which tokens you can hold, how you must report them, and how they are taxed.

You alone are responsible for:

• Compliance with all laws applicable to you and your trading.
• Knowing whether a particular asset is legal where you live.
• Reporting and paying any tax owed on gains.
• Following any KYC / AML requirements your exchange imposes.

Consult a tax professional and a lawyer in your jurisdiction. Don't rely on Vorex for tax or legal guidance.

8. Operational and technical risk

The Service relies on third-party APIs (exchanges, data providers, news sources, AI models). Any of these can fail, be wrong, be rate-limited, or be temporarily unreachable. When that happens, signals may be delayed, incorrect, or missing. We do our best to fall back gracefully but we cannot guarantee perfect data or perfect uptime.

You should not rely on Vorex as your only source of market information.

9. Custody risk on your end

You hold your own keys (or trust an exchange to hold them). We have no role in that. If your exchange is hacked, if you lose your seed phrase, if you fall victim to a phishing attack, if a token contract is exploited — those losses are not recoverable from Vorex.

Use reputable exchanges. Use hardware wallets for amounts you can't afford to lose. Use 2FA. Never share your seed phrase. We will never ask you for it.

10. Vorex is not a registered adviser, broker, or dealer

Vorex Research is not registered with the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Financial Industry Regulatory Authority (FINRA), or any state securities regulator. We are not a registered investment adviser, broker-dealer, futures commission merchant, or commodity-trading adviser. We do not owe you a fiduciary duty.

Crypto-asset markets are largely unregulated relative to traditional financial markets. The investor protections you may be used to elsewhere may not apply.

11. You agree to these risks

By using Vorex, you confirm that:

• You have read and understood this Risk Disclosure.
• You are using Vorex at your own risk and on your own responsibility.
• You will not hold Vorex liable for any trading loss, missed opportunity, or other adverse outcome.
• You will trade only with capital you can afford to lose entirely.
• You will seek independent advice from qualified professionals before making any decision with significant financial consequences.

12. Contact

Questions about this disclosure? Email support@vorextrading.io.

See also: Terms of Service · Privacy Policy