Risk Disclosure

Certain activities offered through OPX Trade may involve virtual or simulated trading capital.

Unless expressly stated otherwise:

• •virtual capital is not real money;
• •virtual capital cannot be withdrawn;
• •simulated profits are not cash balances; and
• •simulated performance does not guarantee future real-market performance.

Performance achieved in a simulated environment may differ materially from performance achieved when trading with real capital.

Financial markets can experience rapid and unpredictable price movements.

Trading derivatives, leveraged instruments and volatile markets with real capital may result in substantial financial losses.

Leverage can amplify both gains and losses.

Trader Scores, rankings, historical performance, simulated returns, leaderboard positions and other performance indicators should not be interpreted as guarantees of future performance.

Market conditions and individual performance may change substantially.

Participation in OPX Trade does not create an automatic entitlement to funded capital or capital allocation.

Any capital-access opportunity may be subject to independent qualification requirements, performance criteria, risk limits, contractual conditions and continuing monitoring.

Wealth-related opportunities may involve risk to capital.

Different opportunities may carry materially different levels of:

• •credit risk;
• •market risk;
• •liquidity risk;
• •counterparty risk;
• •business risk;
• •concentration risk;
• •operational risk; and
• •regulatory risk.

Returns are not guaranteed merely because an opportunity is displayed, introduced or made accessible through OPX.

Users should carefully review the definitive documentation, commercial terms and specific risk disclosures applicable to each opportunity before committing capital.

Certain opportunities may not permit immediate withdrawal, redemption, transfer or exit.

Users should understand applicable tenure, lock-in periods, maturity provisions, withdrawal conditions and exit mechanisms before making a commitment.

Where an opportunity involves another company, trader, borrower, issuer, fund, vehicle or counterparty, participants may be exposed to that party's ability to perform its obligations.

Failure or delay by a counterparty may result in delayed payments or financial loss.

Internet connectivity, software, market feeds, APIs, cloud infrastructure, external exchanges and other technology may experience interruptions, errors, delays or failures.

These events may affect access to or operation of OPX services.

Laws, regulations and regulatory interpretations relating to financial markets, investments, derivatives, virtual digital assets and related activities may change.

Such changes may affect the structure, availability, operation or eligibility of certain OPX products or services.

Participation in a competition, campaign or leaderboard does not guarantee a reward.

Rewards depend upon applicable eligibility requirements, campaign rules, performance criteria, rankings and verification.

OPX does not guarantee:

• •profits;
• •investment returns;
• •recovery of capital;
• •prizes or rewards;
• •capital allocation;
• •rankings; or
• •any specific financial outcome.

Past performance, simulated performance, projections and examples are not guarantees of future results.

Users should participate only after understanding the relevant product, contractual structure, eligibility conditions and associated risks.