Risk Disclosure

1. GENERAL RISK WARNING

Trading in financial instruments involves significant risk and is not suitable for everyone. You should carefully consider whether trading is appropriate for you in light of your financial position, experience, objectives, and risk tolerance.

YOU SHOULD ONLY TRADE WITH CAPITAL YOU CAN AFFORD TO LOSE IN FULL.

2. CFD AND LEVERAGE RISK

Contracts for Difference (CFDs) and other leveraged products carry a high level of risk and can result in losses that exceed your initial deposit. Specifically:

• •Leverage magnifies both gains and losses.
• •You may lose more than you deposit on some broker types.
• •Losses can occur very quickly during market volatility.
• •Stop-loss orders are not guaranteed during market gaps.
• •Overnight positions incur financing charges.

3. PAST PERFORMANCE WARNING

Any performance figures Vendra publishes, whether realised, backtested, simulated, or hypothetical, are provided for illustrative purposes only. Past performance is not indicative of, and provides no guarantee of, future results. Your actual results will differ.

4. EXECUTION AND SLIPPAGE RISK

When using the trade-copying connector, mirrored orders may execute at prices materially different from those Vendra publishes due to:

• •Latency between Signal publication and order arrival at broker.
• •Spread, slippage, requotes, partial fills, broker order-routing decisions.
• •Liquidity conditions at the moment of execution.
• •Differences in account equity, leverage, and lot sizing.
• •Broker downtime, server load, or technical failure.

5. COUNTERPARTY AND BROKER RISK

Vendra is not your broker. The broker you trade through is your counterparty and holds your funds. You bear the full risk of:

• •Broker insolvency or default.
• •Broker fraud or operational failure.
• •Regulatory action against the broker.
• •Broker policy changes affecting account terms.

You should independently verify your broker's regulatory status and operational integrity before depositing funds.

6. MARKET RISK

Markets are subject to risks including but not limited to:

• •Sudden and significant price movements.
• •Gaps between trading sessions.
• •Trading halts, suspensions, and circuit breakers.
• •Liquidity dislocations.
• •Geopolitical, economic, regulatory, or natural events.
• •Manipulative trading conduct by other market participants.

7. TECHNOLOGY RISK

Vendra's Services depend on internet connectivity, third-party infrastructure, and broker APIs. You accept risks including:

• •Vendra downtime or service interruption.
• •Broker API failure.
• •Internet, ISP, or network outage.
• •Cyber-attacks or data breaches.
• •Order failure, duplication, or misrouting.

8. NO INVESTMENT ADVICE

Vendra publishes Signals and analytical material as general information only. Nothing Vendra publishes constitutes:

• •Personalised investment advice.
• •A recommendation to buy, sell, or hold any specific instrument.
• •A solicitation or offer.
• •A guarantee of any return or outcome.

You must make all trading decisions independently or with the assistance of a qualified, licensed adviser of your own choosing.

9. TAX

Trading may have tax consequences that vary by jurisdiction. Vendra does not provide tax advice. You are solely responsible for understanding and complying with the tax laws applicable to you.

10. ACKNOWLEDGEMENT

By using any Vendra Service, you confirm that you have read, understood, and accepted this Risk Disclosure in full.

Contact: vendraholdings@gmail.com