A general description of the principal risks associated with trading Forex, CFDs and other leveraged OTC derivative products offered by Performance Corp. through the Tradora Markets Services.
This Risk Disclosure Statement forms an integral part of the Client Agreement between Performance Corp., a company registered in Saint Lucia under registration number 2026-00194, with registered address at Robin Kelton Building, Choc Bay, Castries, Saint Lucia, operating under the trading name "Tradora Markets" (the "Company", "we", "us" or "our"), and the Client ("you" or "your").
This document is intended to provide you with a general description of the principal risks associated with trading foreign exchange, contracts for difference ("CFDs"), and other leveraged over-the-counter ("OTC") derivative products offered through the Company's website and trading platforms.
By opening an Account, depositing funds, placing Orders or otherwise using the Services, you acknowledge that you have read, understood and accepted this Risk Disclosure Statement.
You should not trade Forex, CFDs or any other leveraged derivative products unless you fully understand the nature of the products, the extent of your exposure to risk, and the potential financial consequences.
Trading Forex, CFDs and other leveraged derivative products involves a high level of risk and may not be suitable for all investors.
These products are speculative, complex and highly risky. You may lose all of the funds deposited in your Account. In certain circumstances, unless otherwise agreed in writing, you may also become liable for losses exceeding your Account Balance.
Past performance, simulations, backtests, historical returns, market commentary, educational materials or trading examples are not reliable indicators of future results.
You should trade only with money you can afford to lose.
The Company provides execution-only services.
The Company does not provide investment advice, financial advice, tax advice, legal advice, portfolio management services or personal recommendations.
Any information, news, research, market commentary, analysis, trading signals, educational material or similar content made available by the Company is provided for general information purposes only and must not be interpreted as a recommendation, solicitation or advice to buy, sell, hold or otherwise trade any Product.
You are solely responsible for all trading decisions, Orders placed, strategies used and losses or profits arising from your trading activity.
Forex, CFDs and other Products offered by the Company may be traded using leverage.
Leverage allows you to control a position with a value greater than the amount of Margin required to open that position. While leverage can amplify profits, it also amplifies losses.
Small market movements may have a large impact on your Account Equity. A movement against your Position may result in the rapid loss of your Margin and may trigger automatic liquidation of open Positions.
You should carefully consider whether leveraged trading is appropriate for your financial situation, experience, investment objectives and risk tolerance.
You are required to maintain sufficient Margin in your Account at all times.
If your Equity falls below the applicable Margin requirement or Stop-Out Level, the Company may close one or more of your open Positions automatically and without prior notice.
The Company may, but is not obliged to, issue a Margin Call. You should not rely on receiving a Margin Call before your Positions are liquidated.
Forced liquidation may occur during volatile, illiquid or fast-moving market conditions. Positions may be closed at prices significantly different from those displayed on the trading platform or expected by you.
The Company is not liable for losses resulting from Margin Calls, Stop-Outs, forced liquidation or your failure to monitor your Account.
Unless otherwise agreed in writing, the Client remains liable for any negative Balance arising on the Account.
This means that, in extreme market conditions, your losses may exceed the amount deposited in your Account.
Such situations may occur due to market gaps, sudden price movements, low liquidity, extreme volatility, technical failures, execution delays or Force Majeure Events.
You should ensure that you fully understand the possibility of negative Balance exposure before trading.
The value of Forex, CFDs and other Products may change rapidly and unpredictably.
Market prices may be affected by a wide range of factors, including but not limited to:
Market conditions may change without warning and may result in substantial losses.
Financial markets may experience periods of extreme volatility.
During volatile periods, prices may move sharply within a short period of time. This may result in:
Volatility may increase around news releases, market openings, market closings, weekends, public holidays or extraordinary events.
Some Products may become illiquid or difficult to trade under certain market conditions.
Low liquidity may make it difficult or impossible to open, modify or close a Position at the desired price or within the desired timeframe.
Liquidity risk may be higher during off-market hours, holidays, market disruptions, major news events or periods of unusual volatility.
The Company does not guarantee that a market will be available for any Product at all times.
Forex, CFDs and other Products offered by the Company are traded over-the-counter and not on a regulated exchange.
OTC products may involve additional risks compared to exchange-traded instruments, including:
You may not have the same protections as you would when trading on a regulated exchange.
The Company operates on an A-book / agency execution model and routes Client Orders to one or more third-party Liquidity Providers.
Your Orders may depend on the pricing, liquidity, confirmation and execution availability provided by such Liquidity Providers.
The Company is not responsible for any loss resulting from the acts, omissions, delays, insolvency, technical failures, pricing errors or execution failures of Liquidity Providers, banks, payment providers, technology providers or other third parties.
The Company does not guarantee that Orders will be executed at the requested price, or that execution will occur immediately or at all.
Orders may be rejected, cancelled, requoted, partially filled or executed at a different price due to market conditions, insufficient Margin, technical issues, Liquidity Provider limitations or other factors.
Execution speed and price availability may vary depending on market conditions, liquidity and the performance of third-party systems.
You acknowledge that execution prices may differ from prices displayed on the platform.
Slippage occurs when an Order is executed at a price different from the requested price.
Slippage may be positive or negative and may occur during periods of volatility, low liquidity, market gaps, news releases or delayed execution.
Stop-loss, take-profit and pending Orders are not guaranteed and may be executed at prices significantly different from the specified level.
You accept that slippage is a normal risk of trading leveraged OTC products.
Markets may open at prices significantly different from the previous closing price or from the last available quoted price.
This is known as a market gap.
Gaps may occur after weekends, holidays, news announcements, geopolitical events or periods of suspended trading.
During a gap, stop-loss Orders may not be executed at the requested level and losses may be larger than expected.
Stop-loss and take-profit Orders are risk management tools but do not guarantee protection against losses or profits at a specific level.
Such Orders are executed at the next available market price, which may be significantly different from the requested price.
In fast-moving, volatile or illiquid markets, stop-loss Orders may fail to limit losses to the intended amount.
You remain responsible for monitoring your open Positions and Account Equity.
Spreads may vary depending on market conditions, liquidity, volatility, trading hours and Liquidity Provider pricing.
Spreads may widen significantly during volatile markets, low liquidity periods, news events, market openings or market closings.
A wider spread may increase trading costs, trigger stop-loss Orders, reduce profitability or accelerate Margin deterioration.
Positions held overnight or for extended periods may be subject to swap charges, overnight financing charges, storage fees, mark-ups, conversion fees or other costs.
These charges may be positive or negative and may vary depending on the Product, market conditions, interest rates, Liquidity Provider policies and the Company's Fee Schedule.
Such costs may reduce profits or increase losses, particularly for long-term open Positions.
The Company may deduct applicable fees directly from your Account without prior notice.
If your Account currency differs from the currency of the Product traded, deposits, withdrawals, profits, losses, fees or charges may be subject to currency conversion.
Exchange rate fluctuations may affect your Account Balance, Equity and overall trading results.
You are responsible for any currency conversion costs, exchange rate differences and related charges.
Trading through online platforms involves technology-related risks.
Such risks include but are not limited to:
The Company is not liable for losses arising from technical failures, delays, interruptions, errors or unavailability of the Website, platform or related systems.
You are responsible for maintaining suitable hardware, software, internet connection and security measures.
Online trading involves cybersecurity risks.
Your Account may be exposed to risks including hacking, phishing, malware, identity theft, unauthorised access, credential theft or fraudulent activity.
You are responsible for protecting your login credentials, devices, email accounts and security settings.
The Company is not liable for losses arising from unauthorised access where such access results from your failure to protect your credentials or devices.
You must notify the Company immediately if you suspect unauthorised access to your Account.
If automated trading systems, Expert Advisors, algorithms, scripts, bots or similar tools are permitted, you use them at your own risk.
Automated systems may generate unexpected Orders, overtrade, malfunction, fail to execute, duplicate Orders or operate differently from their intended logic.
Market conditions may change in ways that make an automated strategy unprofitable or dangerous.
You are solely responsible for monitoring any automated trading system used on your Account.
The Company may restrict or prohibit automated trading activity that overloads the platform, exploits latency, abuses pricing errors or breaches the Client Agreement.
The Company prohibits abusive, manipulative, fraudulent or unlawful trading practices.
These may include, without limitation:
If the Company determines, at its sole discretion, that abusive activity has occurred, it may cancel, reverse, adjust or recalculate trades, withhold profits, suspend or close the Account and report the activity to competent authorities.
Deposits and withdrawals may be delayed, rejected, suspended or subject to additional checks.
The Company may refuse or delay withdrawals where:
The Company is not responsible for delays, fees or losses caused by banks, payment service providers, blockchain networks, intermediary institutions or currency conversion providers.
The Company may request identity, residence, source of funds, source of wealth, tax or other documentation at any time.
Pending completion of verification, the Company may delay activation, restrict Account functionality, suspend deposits or withdrawals, hold funds, refuse transactions or close the Account.
Failure to provide requested documentation may result in suspension or termination of the Account.
Performance Corp. is registered in Saint Lucia and operates in accordance with the laws of Saint Lucia.
The Company is not registered or regulated by any United States or Canadian regulator and is not regulated by FINRA, SEC, NFA or CFTC.
The Company does not hold a financial services licence of the kind issued by financial markets supervisors in other jurisdictions and is not subject to prudential or conduct supervision by such regulators.
Accordingly, Clients may not benefit from protections typically available when dealing with regulated investment firms, including but not limited to:
Your rights against the Company arise solely under the Client Agreement and the laws of Saint Lucia.
The Services are not available in Restricted Jurisdictions or in any jurisdiction where offering such Services would breach applicable law or regulation.
It is your responsibility to ensure that your use of the Services is lawful in your country of residence, citizenship or location.
The Company may refuse, suspend or terminate your Account if you are located in, become resident in, or are otherwise connected to a Restricted Jurisdiction.
Trading may have tax consequences in your country of residence, citizenship, domicile or tax registration.
The Company does not provide tax advice and does not withhold taxes on your behalf.
You are solely responsible for determining, reporting and paying any taxes, duties, levies or charges arising from your trading activity.
You should seek independent tax advice where necessary.
Changes in laws, regulations, sanctions, tax rules, market rules, banking restrictions or government policies may affect your ability to use the Services, access your Account, deposit funds, withdraw funds or trade certain Products.
The Company may modify, suspend, restrict or terminate any Product, Account or Service in response to legal, regulatory, operational or business changes.
Force Majeure Events may affect the availability, pricing, execution or settlement of trades.
Such events may include, without limitation:
During a Force Majeure Event, the Company may suspend or restrict trading, close Positions, adjust Margin requirements, recalculate profits and losses, suspend deposits or withdrawals or take any other action it considers appropriate.
The Company may receive compensation through spreads, commissions, mark-ups, financing charges, administrative fees or other charges related to your trading activity.
The Company may also have commercial relationships with Liquidity Providers, technology providers, payment providers, affiliates, introducing brokers or other third parties.
Such arrangements may create actual or potential conflicts of interest.
The Company will seek to manage conflicts of interest in accordance with its internal policies, but you acknowledge that such conflicts may exist.
The Company may provide or display information from third-party sources, including market data, charts, news, analytics or educational content.
Such information may be delayed, incomplete, inaccurate or subject to errors.
The Company does not guarantee the accuracy, completeness, timeliness or reliability of third-party information.
You should not rely solely on such information when making trading decisions.
Any examples, case studies, simulations, backtests, trading strategies, performance figures, return projections or educational materials are provided for illustrative purposes only.
They do not constitute a guarantee, promise or representation of future performance.
Actual trading results may differ materially from any examples or historical data.
You should not assume that any strategy, system or methodology will be profitable.
The Company does not guarantee profits, returns, trading outcomes, Account growth or protection from losses.
Any statement that may appear to refer to potential gains, performance or opportunity must not be interpreted as a promise or guarantee.
Trading results depend on market conditions, strategy, risk management, execution, costs and many other factors outside the Company's control.
By using the Services, you confirm that:
By registering an Account, depositing funds, placing Orders or otherwise using the Services, you acknowledge and agree that:
If you do not understand or accept these risks, you must not open an Account, deposit funds, place Orders or use the Services.
For any questions relating to this Risk Disclosure Statement, please contact:
Performance Corp. (trading as Tradora Markets)
Robin Kelton Building, Choc Bay, Castries, Saint Lucia
Email: support@tradoramarkets.com
Website: https://tradoramarkets.com
