RISK DISCLAIMER

Smart Scalping Life (scalping.life) Last updated: 1 May 2026 Effective from: 1 May 2026

⚠️ IMPORTANT NOTICE

PLEASE READ THIS DISCLAIMER CAREFULLY BEFORE USING THE PLATFORM.

Trading in financial instruments — including cryptocurrencies, perpetual futures, contracts for difference and other derivative instruments — involves a substantial risk of loss and is not suitable for all participants. You may lose all of the capital you commit.

Past performance is not a guarantee of future results.

1. Nature of the Platform

1.1. Smart Scalping Life (the "Platform", operated by ARTIO SSL — see Terms of Use §1) is an educational and analytical technology platform providing:

(a) educational content on trading and risk management; (b) trading tools (terminal, screener, indicators, trade journal, alerts, prop firm matrix); (c) AI-driven analytics and automated signals; (d) simulated assessments of trading skills (Prop Challenges).

1.2. The Platform is not, and does not provide:

• regulated investment services;
• brokerage services;
• asset-management services;
• personalised investment advice;
• deposit-taking services;
• trading intermediation or market-making services;
• any licensed financial activity.

1.3. The Operator of the Platform is not registered, licensed or supervised by any financial-services regulator, including, without limitation: the SEC (United States), the CFTC (United States), the FCA (United Kingdom), BaFin (Germany), CNMV (Spain), AMF (France), CySEC (Cyprus), ESMA (European Union), FINMA (Switzerland), MAS (Singapore), JFSA (Japan), CSRC (China), FSCA (South Africa), ASIC (Australia), the RBI and SEBI (India) or any equivalent authority.

1.4. Content of the Platform is provided strictly for educational and informational purposes.

2. Simulated Prop Challenges and Funded Stage

2.1. All trading accounts are simulated

All trading accounts provided in connection with Prop Challenges, and on the Funded Stage following successful completion of a Challenge, are exclusively demonstration (demo / testnet) accounts of certified trading infrastructures.

Key features:

• Simulated capital — all account balances consist of virtual monetary units;
• Virtual funds have no real monetary value and cannot be withdrawn as real money;
• No real capital is placed by the Operator on the market on your behalf or for your account;
• Any "profit" or "loss" displayed within the Simulated Environment constitutes a calculated performance metric, and not a real financial result.

2.2. The Funded Stage is also simulated

Express disclosure: even after the successful completion of a Challenge and progression to the so-called "Funded Stage", your account remains simulated. The Funded Stage is a structured performance-reward distribution programme based on metrics achieved in the Simulated Environment, and not a real trading account holding real capital traded on a real market.

You do not own, and have never held, any proprietary right in:

• any real trading positions;
• any trading accounts;
• any real-world assets or their equivalents;
• any share in any pool of trading capital.

2.3. Nature of the Payout (Performance Reward)

Performance Rewards paid by the Operator to participants who successfully complete the Funded Stage:

• are discretionary reward payments by the Operator following a simulated assessment;
• are not trading profit of the participant, since the participant has not traded any real capital;
• are not a distribution of profit derived from real-market execution of positions;
• are calculated by reference to formulas set out in the Prop Challenge Agreement;
• may be withheld in whole or in part by the Operator where breaches of the rules are identified, as set out in the Prohibited Trading Practices.

2.4. Demo results ≠ real results

Performance in the Simulated Environment differs materially from performance on a real market for the following reasons:

(a) No real slippage — orders on demo accounts are often executed at idealised prices, which does not reflect real-market conditions; (b) No market impact — large orders in the demo do not move price, while in reality they do; (c) Idealised liquidity — within the Simulated Environment, orders are always filled, while real markets may experience partial fills and delays; (d) No psychological pressure — emotional factors (fear, greed) are diminished or absent because you are not risking real money; (e) Idealised technical conditions — ping, latency and connectivity drops are often simplified; (f) No real fees or funding rates — calculated costs in the demo may differ from real-market execution costs.

As a consequence: success in a Challenge or on the Funded Stage does not guarantee success on real accounts. Many participants who succeed in simulation lose money on real markets. This is a normal and expected consequence of the differences between simulation and reality.

3. AI algorithmic engine — risks

3.1. The Platform's proprietary algorithmic systems operate exclusively on demo / testnet accounts of certified trading infrastructures. All signals, trades and performance metrics displayed on the Platform are obtained within a simulated environment.

3.2. The signals generated by the algorithmic engine are not:

• personalised investment advice;
• a guarantee of profit;
• professional financial advice;
• trading orders for your real account.

3.3. The signals are algorithmically generated informational indications that you may, at your sole discretion, use for educational and analytical purposes.

3.4. Copy trading. If you use the copy-trading feature to copy the Operator's signals to your own real exchange account:

• you remain the sole and exclusive party responsible for any losses;
• the Operator accepts no responsibility for the outcomes of copy trading;
• technical failures, API delays and slippage on your side are your risk;
• position sizing and risk parameters are your responsibility.

3.5. Historical performance. Any historical performance of the algorithmic engine, of back-tests or of optimisation grids reflects simulated results. Simulated performance has material limitations and may not be representative of real-market performance.

4. Not financial advice

4.1. Nothing on the Platform — including, without limitation:

• market data, price feeds and indicators;
• algorithmic signals and model outputs;
• Risk Matrix calculations;
• live broadcast content (/live);
• educational materials;
• chat comments and community discussions;
• blog articles;
• the Titan video archive,

— constitutes financial advice, investment advice, trading advice, tax or legal advice, and none of it should be construed as a personalised recommendation based on your financial circumstances, objectives, risk tolerance or needs.

4.2. All materials are provided for educational and informational purposes. Before taking any investment or trading decision you should:

(a) consult an independent licensed financial adviser in your jurisdiction; (b) carry out your own research (DYOR — Do Your Own Research); (c) assess your financial position, objectives and risk tolerance; (d) consider tax consequences in your jurisdiction; (e) verify the legality of trading activity under your local law.

5. Cryptocurrency-specific risks

5.1. Cryptocurrency markets are extremely volatile and largely unregulated. Specific risks include:

5.2. You acknowledge that you understand these risks and accept full responsibility for your decision to trade or not to trade in cryptocurrencies.

6. Leverage and derivatives — special risk

6.1. Perpetual futures, contracts for difference (CFDs) and other leveraged derivative instruments referred to on the Platform or used in the Simulated Environment:

(a) multiply both potential profit and potential loss many-fold; (b) may, depending on the rules of the relevant exchange, give rise to losses exceeding the initial deposit; (c) are subject to forced liquidation when margin is insufficient; (d) carry funding rates that may be material when positions are held over time; (e) may trade at prices materially different from the spot market by reason of contango or backwardation.

6.2. Leverage above 3× on crypto-assets is considered high risk and is not recommended for participants without significant experience and capital that they can afford to lose.

7. Technical and operational risks

7.1. Use of the Platform and its exchange integrations involves technical risk:

(a) failures of the Platform — service unavailability, signal errors, delays in data display; (b) failures of an exchange — API outages, planned maintenance, matching-engine unavailability; (c) internet failures — loss of connectivity may make it impossible to close a position; (d) data errors — inaccurate quotes, feed delays, indicator-calculation errors; (e) API limits — rate limiting, temporary blocks; (f) cyber threats — hacks, leaks, DDoS, phishing, theft of credentials or API keys; (g) detector errors — false positives by integrity-monitoring systems.

7.2. The Operator accepts no responsibility for losses arising from any technical failure, whether of the Platform, an exchange, an infrastructure provider, or your own equipment (see Terms of Use §15).

8. Third-party services and counterparty risk

8.1. The Platform integrates with third-party services (by category):

• Cryptocurrency exchanges — each with its own terms, risks, regulatory status and incident history; the current list of exchange partners is published on the Platform;
• Payment service providers — the current list is shown at the time of payment;
• Authentication services — currently Google OAuth and the YouTube Data API for live-broadcast features;
• Block-chain infrastructure — Ethereum, Binance Smart Chain, Tron and other public networks (you choose the network for your payments and Payouts);
• Wallets — hardware, software and custodial wallets, the choice of which is yours.

8.2. Any of these services may:

(a) cease operations; (b) be hacked or compromised; (c) become subject to regulatory sanctions; (d) unilaterally change their terms; (e) restrict or prohibit access from your jurisdiction.

8.3. The Operator of the Platform does not control, and accepts no responsibility for, the acts, omissions, failures or policies of any third-party service.

9. Regulatory risks

9.1. Changes in legislation. The laws and regulations applicable to cryptocurrency trading, prop programmes, digital assets and related services are actively evolving in many jurisdictions.

9.2. Possible consequences for Users:

(a) prohibition on participation in prop programmes in your jurisdiction; (b) tax obligations that did not exist at the time of registration; (c) the need for additional identification (KYC/AML); (d) blocking of certain exchange accounts; (e) restriction or termination of access to the Platform.

9.3. Your duty. You are responsible for monitoring, on your own initiative, regulatory developments in your jurisdiction and for ensuring compliance with local law. The Operator does not provide legal advice.

9.4. Restricted jurisdiction lists. The Platform may restrict access from certain countries. The current list is set out in the Restricted Jurisdictions.

10. Disclosure of conflicts of interest and mitigation measures

10.1. For transparency, and consistent with leading industry practice, the Operator discloses the following potential conflicts of interest:

(a) Non-refundability of fees and re-participation. The Operator earns revenue from Challenge Entry Fees. Participants who do not pass a Challenge may purchase another Challenge. This creates a potential conflict of interest between the Operator's revenue model and the financial position of the participants.

(b) Right to withhold a Payout. The Operator reserves the right (see Terms of Use §7.5), where there are documented grounds, to withhold a Payout. This creates a potential conflict between the Operator's interests and the interests of the participants. Decisions are subject to human review and may be appealed through the Complaints Procedure.

(c) Operator's crypto-wallets. The Operator manages crypto-wallets for the receipt of fees and the payment of Performance Rewards. The security of these wallets is the Operator's responsibility, but risks (hacks, loss of keys, technical failures) may affect the ability to make timely Payouts.

(d) Relationships with exchanges. The Operator uses compatible exchange infrastructures. A change in their terms, the termination of co-operation, or a block on an exchange would have a direct effect on the operation of the Platform.

(e) Educational content and sales. The Platform's educational content has marketing links to its paid products and Subscriptions. This creates an incentive to produce content that promotes sales.

10.2. Conflict-mitigation measures

The Operator does not confine itself to disclosing conflicts; it also implements the following mitigation measures:

(a) Objective criteria and human review. Decisions to withhold a Payout, to disqualify or to ban are taken on the basis of documented criteria and are subject to internal human review before final application (see Prop Challenge Agreement §5.4).

(b) Goodwill compensation for missed standard processing times of Payout requests, refunds and complaints (see Payouts Policy §3.2.1, Refund Policy §8.3.1, Complaints Procedure §4.1).

(c) Payment discipline. The Operator endeavours to maintain its payment capacity in respect of Payout obligations and applies reasonable operational measures to manage the associated risks. The internal financial mechanisms used are commercial trade secrets of the Operator and are not publicly disclosed.

(d) Right to appeal. Any decision affecting the financial interests of a participant may be appealed in accordance with the Complaints Procedure, without any penalty or adverse consequence for the act of appealing.

(e) Protection of bona fide reviews. The Operator does not restrict the right of participants to publish truthful reviews and reasoned criticism. Participants who post bona fide reviews are not subject to sanctions because of the publication itself.

10.3. The Operator endeavours to act in good faith in all situations described above. The disclosure of conflicts of interest in this Section is not an admission of their materialisation in any individual case; it reflects structural features of the business model to which the mitigation measures set out in Section 10.2 apply.

11. No guarantee of outcomes

11.1. The Operator does not guarantee or promise:

• that you will make a profit from using the Platform;
• that you will successfully complete a Challenge;
• that you will receive a Payout;
• that the algorithmic engine will generate profitable signals;
• that any trading strategies described on the Platform will be profitable for you;
• that past performance will be repeated in the future;
• that the Platform will be continuously available;
• that any third-party service (exchange, wallet, payment service provider) will operate correctly.

11.2. Past performance is not a guarantee of future results. This applies to all metrics displayed on the Platform: the algorithmic engine, Challenge statistics, leaderboards, participant testimonials and historical back-tests.

11.3. The majority of participants in prop programmes do not reach the Funded Stage. The majority of traders on real markets lose money in the long run. This is the statistical reality of the industry, not a marketing exaggeration.

12. Your responsibility

12.1. By using the Platform you acknowledge and agree that:

(a) you are solely responsible for all your trading decisions and for the consequences thereof; (b) you will not trade real capital on the basis of the Platform's content alone, without independent analysis; (c) you understand the differences between simulated and real trading environments; (d) you meet the legal requirements for trading financial instruments in your jurisdiction; (e) you are not a resident of a jurisdiction in which such activity is prohibited; (f) you have available capital which you can afford to lose; (g) you do not take trading decisions under the influence of alcohol, narcotics or emotional distress; (h) you undertake to track on your own initiative the tax implications of trading and the receipt of Performance Rewards.

12.2. If you do not understand any of the risks listed above, do not use the Platform until you have obtained qualified advice.

13. Limitation of liability

13.1. To the maximum extent permitted by applicable law, the Operator and its representatives shall not be liable for any direct, indirect, incidental, special, punitive or consequential damages arising out of:

• the use of, or inability to use, the Platform;
• trading decisions taken on the basis of the Platform's content;
• technical failures, data inaccuracies or service interruptions;
• unauthorised access to your Account or API keys;
• acts or omissions of third parties.

13.2. The Operator's aggregate liability is limited in accordance with Terms of Use §15.2. Carve-outs are set out in §15.3.

14. Integration with related documents

14.1. This Risk Disclaimer is an integral part of the Terms of Use and is to be read together with:

• Terms of Use;
• Privacy Policy;
• Prop Challenge Agreement;
• Refund Policy;
• Prohibited Trading Practices.

14.2. In the event of a conflict between this Disclaimer and the Terms of Use, the provision more protective of the Operator shall prevail, save where this would breach the mandatory rules of applicable law.

15. Acceptance

By registering on the Platform, paying for any product, service or Challenge, or otherwise using the Services, you acknowledge that:

(a) you have read this Risk Disclaimer in full; (b) you have understood all of the risks referred to; (c) you accept them knowingly and voluntarily; (d) you waive any claim against the Operator based on the materialisation of risks expressly described in this document; (e) you use the Platform at your own risk.

If you do not agree with any provision of this Disclaimer, or do not understand the risks referred to, do not use the Platform.

16. Contact

For matters concerning this Risk Disclaimer:

• Email: legal@scalping.life
• Telegram: @artio_ssl
• Website: https://scalping.life

© Smart Scalping Life / ARTIO SSL. All rights reserved.