Risk Disclosure
The risks of trading and the nature of simulated performance.
Simulated environment
All Program accounts operate in a simulated trading environment. Any balance, profit, loss, drawdown, or payout calculation displayed is hypothetical. NYS does not manage client funds, does not hold third-party money, and does not provide access to regulated financial instruments through these Programs.
Market and strategy risk
Leveraged trading strategies can produce rapid and substantial losses. Market conditions change quickly, and a strategy that performs well in simulation may not perform similarly in real trading. You are responsible for volatility, slippage, gaps, liquidity changes, halts, and execution uncertainty.
Instrument-specific risk
- Futures: leverage magnifies both gains and losses; front-month liquidity and rollover risk apply.
- Stocks / equities: gap risk, earnings-event risk, corporate actions, trading halts, and pre-market / after-hours liquidity constraints apply.
- CFDs (including virtual-currency-pair CFDs, where offered): complex, extremely risky, and highly speculative, with potential for significant losses due to leverage and volatility.
No guarantee of income
Program results, “Average Payout” figures, educational content, dashboards, and payout statistics are illustrative only. They are not a promise, minimum, expected return, or entitlement, and must not be interpreted as expected future income.