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Legal & Risk Disclaimer

Educational Purposes Only – Not Financial Advice

BacktestX is a simulated environment designed exclusively for strategy backtesting, technical analysis education, and trading practice. The simulated results and hypothetical performance data generated by our platform are intended for educational and entertainment purposes only. They do not constitute financial, investment, or trading advice.

Trading in financial markets, including Forex, Cryptocurrencies, Stocks, and Futures, involves a significant level of risk and may not be suitable for all investors. You should not engage in live trading with real capital until you fully understand the risks involved and are prepared to sustain potential losses.

Important Considerations:

  • CFTC Rule 4.41: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
  • Market Dynamics: Past performance in simulated environments is not a reliable indicator of future results in live markets. Real-world trading involves slippage, variable spreads, margin calls, and psychological pressures that are often absent or different when simulated money is at stake.
  • Data Accuracy & Delays: While we strive to provide accurate historical data, BacktestX does not guarantee the accuracy, completeness, or timeliness of any market data or charts displayed. Data may be delayed, incomplete, or subject to errors from our third-party providers.
  • Software Limitations & Outages: The platform is provided "as is". We are not responsible for any direct or indirect consequences, including financial losses or inconveniences, caused by server outages, software bugs, execution delays, or data feed interruptions.
  • User-Generated Content & Scripts: Any custom scripts, indicators, automated strategies, or community posts shared by users within the platform are the sole responsibility of their authors. BacktestX does not endorse, verify the profitability, or guarantee the safety of any user-submitted content.
  • Proprietary Trading Firms: If you are using BacktestX to prepare for proprietary trading firm evaluations, please note that passing a simulated challenge on our platform does not guarantee success with a third-party prop firm. Their execution rules, slippage conditions, and spread environments may differ significantly from our engine.
  • No Liability: BacktestX, its founders, developers, and affiliates shall not be held liable for any direct, indirect, incidental, or consequential damages, losses, or missed opportunities arising from the use of our software, data, or educational content.

We do not recommend the use of technical analysis as a sole means of trading decisions, nor do we recommend making hurried trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. Please consult with a certified financial advisor before making any real-world investment decisions.