Risk Disclosure Statement

This Risk Disclosure Statement describes material risks associated with using NOX and acting on investment-related information. It is not exhaustive. You should use only products and features that you understand and can afford to use or lose.

3.1 Capital loss

Investing and trading can result in partial or total loss of capital. Market prices can move rapidly and may gap beyond intended entry, exit, take-profit or stop-loss levels. No NOX feature eliminates market risk.

3.2 Leverage and derivatives

Leverage magnifies gains and losses. Small market movements may cause large losses, margin calls, forced liquidation, negative balances or loss exceeding an initial deposit where permitted by the provider and law. Financing, rollover and liquidation rules vary by third party.

3.3 No guaranteed performance

NOX does not guarantee profit, capital preservation, risk limits, target returns, win rates, execution or availability. Any target, forecast, score, alert or portfolio illustration is uncertain.

3.4 Past, simulated and hypothetical performance

Past performance does not predict future results. Backtests and simulations may be affected by hindsight, selection bias, overfitting, survivorship bias, inaccurate data, assumed liquidity, estimated transaction costs and simplified execution. Live conditions may differ materially.

3.5 AI and model risk

Automated outputs may be wrong, incomplete, inconsistent, delayed, biased or based on misunderstood instructions. Models may fail during unprecedented events or regime changes. Natural-language explanations may sound confident even when unsupported. Verify critical information independently.

3.6 Data quality and latency

Prices, account balances, positions, indicators and news may be delayed, missing, stale, duplicated or incorrect. Different providers may report different values. A display is not necessarily an executable price.

3.7 Execution risk

Orders may be rejected, delayed, partially filled, filled at a different price, duplicated, canceled or not canceled. Slippage and spread widening may occur, especially during volatility, low liquidity, market openings, news events and outages. Stop and limit instructions do not guarantee execution at the specified price.

3.8 Connected-account and third-party risk

Third-party brokers, platforms, custodians, exchanges, liquidity providers, data vendors, cloud services and payment processors may fail, become insolvent, change terms, suffer cyber incidents or restrict accounts. NOX is not responsible for assets held by a third party.

3.9 Strategy and concentration risk

A strategy may rely on assumptions that stop working. Concentrated exposure to one instrument, sector, currency, geography, provider, model or contributor increases risk. Correlations may rise during stress, reducing diversification benefits.

3.10 Liquidity risk

You may be unable to enter or exit at a desired time or price. Thin markets may cause large price impact, wider spreads and incomplete fills.

3.11 Volatility and event risk

Economic releases, elections, geopolitical events, policy changes, market closures, forks, defaults and unexpected news may cause extreme movements or discontinuities.

3.12 Currency and conversion risk

Returns may be affected by exchange rates. Payment or account balances denominated in a different currency may gain or lose value. Stablecoins and digital assets may lose their peg, become illiquid or be subject to network and issuer risk.

3.13 Technology and cybersecurity risk

Software bugs, connectivity failure, latency, incompatible updates, credential theft, malware, denial-of-service attacks and unauthorized access may disrupt use or cause loss. Maintain independent access to connected accounts and secure authentication.

3.14 Operational and human risk

Incorrect configuration, misunderstood prompts, accidental activation, failure to monitor, excessive position size and delayed response can cause loss. Review all settings and maintain practical emergency procedures.

3.15 Regulatory, legal and tax risk

Laws and tax treatment vary and may change. A feature or instrument available through a third party may be restricted where you live. You are responsible for determining legality and obtaining independent advice.

3.16 Counterparty, custody and insolvency risk

A third party may fail to return assets, settle transactions or honor obligations. Legal ownership, segregation and insolvency protections vary.

3.17 Contributor and marketplace information

A contributor, creator or displayed portfolio may provide inaccurate, incomplete or selectively presented information. Verification badges or scores reduce neither market risk nor the need for independent review.

3.18 Fees and compounding costs

Subscriptions, spreads, commissions, financing, network fees, conversion costs, taxes and performance-based charges reduce returns. Frequent activity may increase total costs.

3.19 Risk controls are not guarantees

Take-profit, stop-loss, drawdown, allocation and exposure controls may fail because of gaps, latency, incorrect data, provider rules, insufficient margin or system outage.

3.20 User responsibilities

Before using a feature, you should:

• understand the product and maximum potential loss;
• use amounts you can afford to lose;
• review third-party terms and regulatory status;
• test unfamiliar configurations in a non-live environment where available;
• verify account, instrument, size and risk limits;
• monitor activity and maintain independent access; and
• stop use when outputs or behavior appear abnormal.

By using NOX, you acknowledge that you have read and understood these risks and accept responsibility for your decisions.