Risk Disclosure

Trading leveraged products carries a substantial risk of loss and is not suitable for everyone. Read this disclosure carefully before relying on any tool or statistic on Norviq.

Last updated: 23 August 2026

1. General risk warning

Trading financial instruments — including CFDs, forex, indices, commodities, futures, shares and crypto assets — carries a high level of risk and is not suitable for every investor. You should not trade unless you fully understand the products, the costs involved and the extent of your exposure to loss.

Norviq does not offer, arrange or execute any trade. This disclosure is provided because Norviq is used by traders, and it does not replace the risk disclosure you receive from your broker, exchange or prop firm.

2. Potential loss of capital

You can lose some or all of your deposited funds, and with certain leveraged or unprotected accounts you can lose more than you deposited and owe a negative balance. Only risk money you can afford to lose entirely without affecting your financial security or lifestyle.

3. Market risk

Prices move because of economic data, central bank policy, interest rates, geopolitics, company news and market sentiment. Movements can be sudden, large and against your position, including while markets are closed to you. No analysis, statistic or strategy can predict them reliably.

4. Leverage and margin

Leverage multiplies both profit and loss: a small adverse price move can wipe out a large portion of your account. If your equity falls below the required margin your broker may issue a margin call or close your positions automatically at a loss, without notice and at whatever price is available.

5. Volatility and gaps

During news releases, market opens, holidays and periods of stress, volatility can spike and prices can gap over your stop loss. A stop loss is not a guarantee of execution at your chosen price unless it is explicitly a guaranteed stop, which usually carries an extra cost.

6. Liquidity risk

In thin markets you may be unable to enter or exit at a reasonable price, or at all. Liquidity can disappear quickly in exotic pairs, small-cap shares and crypto assets, and during extreme events trading may be halted or restricted.

7. Slippage and execution

Orders may be filled at a price worse (or better) than requested. Latency, requotes, partial fills and order rejections all affect the result you actually get, and mean your realised performance can differ from any plan, back-test or calculator output.

8. Spread

You typically pay the spread on entry and exit. Spreads widen around news, at rollover and in illiquid conditions, and a strategy that appears profitable on mid prices can be unprofitable once real spreads are applied.

9. Commission, swap and other costs

Commissions, financing/swap charges on positions held overnight, currency conversion, inactivity fees, withdrawal fees and taxes all reduce net returns. Held long enough, financing costs alone can turn a winning position into a losing one. Check your broker's full fee schedule.

10. Automated and algorithmic trading

Expert advisors, bots and automated strategies can fail, misfire, over-trade or continue executing during abnormal market conditions, causing rapid losses. They also depend on stable connectivity, correct configuration and continuously valid assumptions. Norviq does not run, supply or supervise any automated trading system.

11. Broker, prop firm and API risk

Your broker or prop firm may suffer outages, change spreads and conditions, restrict instruments, alter challenge rules, dispute results, freeze accounts or become insolvent. Norviq has no control over and no responsibility for their conduct.

Account synchronisation depends on MetaApi and your broker's API. If either fails, is rate limited, changes, or returns incorrect data, the statistics shown in Norviq will be delayed, incomplete or wrong. Norviq is never a substitute for your broker's own statements.

12. Technical failures

Internet connections, devices, platforms, hosting providers and databases can all fail. Norviq is provided without any uptime guarantee, and scheduled jobs, notifications and syncs can be delayed or missed. Do not rely on Norviq for time-critical decisions, and always confirm your live exposure in your broker's platform.

13. Data accuracy risk

Statistics in Norviq are computed from the data available to it. Manual entries and CSV imports can be mistyped or incomplete; synced data reflects only the deals returned by your broker up to the last successful sync. Decisions based on inaccurate data can cause losses.

14. Back-testing and hypothetical results

Back-tested, simulated and projected results are hypothetical. They are created with hindsight, involve no real risk, and typically ignore slippage, spread changes, commissions, financing, liquidity limits and psychological pressure. They frequently overstate what a strategy would have achieved in live conditions, and are no indication of future performance.

15. Historical performance and rankings

Statistics, verified results and leaderboard positions shown on Norviq relate to past periods and specific measurement windows. Small samples, short measurement periods and outsized single trades can make results look far more repeatable than they are. Past performance is not indicative of future results and is not an endorsement of any trader or strategy.

16. Prop firm challenges

Evaluation and funded programmes involve fees that are usually non-refundable, strict drawdown, daily loss, minimum trading day and deadline rules, and payout conditions set entirely by the firm. Challenge rule tracking in Norviq is based on the parameters you enter and is an informational aid only — it is not authoritative and does not replace the firm's own dashboard or rulebook.

17. Tax and regulation

The tax treatment of trading depends on your personal circumstances and jurisdiction and can change. Some products, including CFDs and certain crypto assets, are restricted or prohibited for retail clients in some countries. Norviq provides no tax, legal or regulatory advice.

18. Your responsibility

By using Norviq you confirm that you understand these risks, that you trade at your own risk, and that Norviq is not liable for your trading outcomes. See also our Disclaimer and Terms of Service.