Risk Warning
This Risk Warning informs clearly, expressly and exhaustively about the risks associated with operating in financial markets and with the use of the solutions offered under the YourSmartPilot brand, owned by West Malcom LLC. Access to the site, registration and/or use of any of the services implies that the user declares to have read, understood and accepted this Warning without reservations.
1. Inherent Risk of Financial Markets
Operating in financial markets (Forex, CFDs, futures, options and other derivatives) carries a high level of risk and may not be suitable for every investor. The value of the instruments may fluctuate significantly due to economic, political, regulatory or technical factors.
The user may lose part or all of the invested capital.
2. Leverage Risk
Leverage amplifies both gains and losses. Small market movements may generate substantial losses in a short time, and, depending on the intermediary's conditions, may exceed the initially allocated capital.
3. Risk of Total Loss
There is no guarantee of capital preservation. Only capital whose loss can be borne without compromising personal or professional financial stability should be traded.
4. Nature of the Service
YourSmartPilot is limited to the marketing and distribution of copy-trading solutions through external platforms. West Malcom LLC is not a financial institution, is not an investment services firm, does not provide personalized financial advice, does not provide discretionary portfolio management, does not execute orders on behalf of third parties and does not raise or hold funds.
The use of copy-trading solutions does not eliminate or reduce the risk inherent in the markets.
5. No Suitability Assessment
West Malcom LLC does not perform suitability, appropriateness or risk profile assessments. It is up to the user to determine whether the operation is suitable for their situation, objectives and experience.
6. No Guarantee of Results
Result, profitability or loss recovery is not guaranteed. Any reference to past results, statistics, simulations or backtesting is informational and does not guarantee future results.
Historical data may not reflect real market conditions, execution costs, slippage or commissions.
7. Execution and Slippage Risk
Orders may not be executed at the expected price due to lack of liquidity, volatility, latency or conditions of the third-party platform. Slippage may occur between the theoretical and the actual price.
8. Technological and Operational Risks
The use of automated systems entails risks: hardware or software failures, connection interruptions, errors in third-party APIs, updates of external platforms and user configuration errors.
West Malcom LLC does not control the user's infrastructure or third-party systems.
9. Counterparty and Third-Party Risk
Operations may depend on brokers or other entities. The user assumes the risk associated with the solvency, operation, execution and conditions of such entities. West Malcom LLC does not participate in the contracting between the user and such entities and does not control their activity.
10. Regulatory and Jurisdictional Risk
Applicable regulations vary by jurisdiction. It is the user's responsibility to verify that the use of the services complies with the legislation of their country of residence.
11. Sole Responsibility of the User
The user declares that they understand the risks, assume the economic consequences of their operations, do not base their decisions exclusively on the existence of the software or the automation and act under their own criterion and responsibility.
12. Recommendation of Independent Advice
Before trading, it is recommended to seek independent advice from accredited financial, tax or legal professionals.
13. Express Declaration of Risk Acceptance
By using the site and the services, the user declares that they understand that investing in financial markets involves significant risk, that they may lose the entire capital and that they accept to operate under their sole responsibility.