Risk Disclosure
Trading Digital Assets such as Bitcoin and Ethereum carries a high level of risk. You could lose some or all of the money you invest. Only trade with funds you can afford to lose. Read this disclosure in full before using the Veyra AI platform.
1. Purpose of this disclosure
This Risk Disclosure sets out material risks associated with using the Veyra AI platform and trading Digital Assets. It should be read together with our Terms of Service and Privacy Policy. It cannot disclose every risk, and it does not take into account your personal financial situation, experience or objectives.
2. Risk of loss of capital
The value of Digital Assets can fall as well as rise, and may fall to zero. Losses can occur quickly and can exceed amounts you expected to risk. Risk controls, stop levels or other safeguards offered by the Services may not operate as intended in every market condition and do not eliminate the risk of loss.
3. Price volatility
Digital-asset prices are highly volatile and can move sharply within minutes, often without an identifiable cause. Sentiment, regulatory announcements, network events, liquidity conditions and macroeconomic developments can all have a significant effect. Historical price behaviour is not a reliable indicator of future performance.
4. Automated and algorithmic strategies
Automated Strategies execute rules without human intervention in real time. Such strategies may malfunction, respond unexpectedly to unusual market data, generate a large number of orders, or continue to trade during periods of stress. Backtested or simulated results are hypothetical, may not reflect actual trading, and do not guarantee future performance. You remain responsible for the settings you choose and for monitoring any activity on your Account.
5. Illustrative figures and calculators
Any calculator, projection, example or chart shown on our website is illustrative only. Such figures are based on assumed inputs and simplified formulae. They do not represent expected, guaranteed or typical returns, and actual results may differ materially, including resulting in losses.
6. Liquidity and execution risk
Some Digital Assets may be thinly traded. You may be unable to buy or sell at your preferred price or at all, particularly during periods of high volatility or market disruption. Slippage, spreads and order-book depth can materially affect the outcome of a trade.
7. Technology, security and operational risk
Trading relies on internet connectivity, software, third-party infrastructure and blockchain networks. Failures, outages, latency, cyber-attacks, software defects, and loss or compromise of login credentials or private keys may prevent you from accessing the Services or result in losses. Digital Assets are generally not protected by deposit guarantee schemes or compensation arrangements.
8. Third-party exchanges and custodians
The Services may depend on Third-Party Providers. Such providers may become insolvent, freeze withdrawals, change terms, suffer security breaches, or cease operating. We do not control these entities and cannot guarantee the recoverability of assets held with them.
9. Regulatory and legal risk
The legal and regulatory treatment of Digital Assets is evolving and may change in ways that affect their value, availability or lawfulness of use. Nothing on this website should be read as confirmation that Veyra AI or any product described here is authorised or regulated by the Financial Conduct Authority or any other authority. Please check the position in your own jurisdiction before trading.
10. Tax implications
Gains and income from Digital Assets may be subject to taxation, and tax treatment depends on your individual circumstances and jurisdiction. Reporting obligations may apply. We do not provide tax advice. You should consult a suitably qualified professional.
11. Leverage and complex products
Where leveraged or derivative-style exposure is available through a Third-Party Provider, losses can exceed your initial deposit and can occur rapidly. Such products are not suitable for everyone. Ensure that you fully understand the mechanics, costs and risks before participating.
12. Not personal advice
The content of the Services is general in nature and is not a recommendation to buy, sell or hold any asset. Veyra AI does not assess whether a particular trading activity is suitable for you. You are responsible for your own decisions and should seek independent advice where appropriate.
13. Acknowledgement
By using the Services you confirm that you have read and understood this Risk Disclosure, that you are capable of bearing the financial consequences of potential losses, and that you accept these risks. If you are unsure whether trading is appropriate for you, please do not proceed.
14. Contact
If you have questions about the risks described in this document, contact Veyra AI at Park Row 157, EC4N 7BJ London, United Kingdom, by telephone on +44 20 7946 8971, or by email at [email protected].