Risk Disclosure
Effective: September 30, 2026
This Risk Disclosure describes important risks of trading and of using the Vectaris platform. It is part of our Terms of Service. Please read it carefully before trading.
1. Software, not advice
Vectaris is self-directed trading software operated by Vectaris LLC. We are not a broker-dealer, investment adviser, or commodity trading advisor, and nothing on the platform is investment advice or a recommendation to buy or sell any instrument. You author your own strategies, you connect your own brokerage accounts, and every trading decision — manual or automated — is yours.
2. Risk of loss
Trading securities, options, futures, digital assets, and event contracts involves substantial risk of loss and is not suitable for everyone. You can lose some or all of the money you trade, and with leveraged products you can lose more than you deposit. Trade only with capital you can afford to lose. Past performance — real or simulated — is no guarantee of future results.
3. Instrument-specific risks
Stocks and options
Prices can move sharply and gap through stop levels. Options can expire worthless; you can lose the entire premium paid, and selling options can expose you to losses far exceeding the premium received. Multi-leg positions carry assignment and execution risk on each leg.
Futures
Futures are leveraged: a small market move produces a much larger gain or loss, and losses can exceed your account balance. You may be required to deposit additional margin on short notice, and failing to do so can force liquidation at a loss.
Digital assets
Crypto markets are highly volatile, trade around the clock, and are subject to evolving regulation. Digital assets held at an exchange are generally not protected by SIPC or FDIC insurance.
Event contracts
Event contracts are binary: at settlement they are worth either the full payout or nothing, so the entire amount at risk can be lost. Markets may be thin, and exiting a position before settlement may be difficult or costly.
4. Hypothetical and backtested performance
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
Backtests on Vectaris simulate order fills against historical data. Real trading will differ: actual slippage, fees, liquidity, latency, and data differences all affect results, and a strategy tuned to fit historical data may perform poorly on markets it has never seen. Treat every backtest as a research tool, not a forecast.
5. Automated trading
Automated strategies can fail in ways manual trading cannot: software defects, lost connectivity, broker API outages, and duplicate, missed, or partial orders are all possible, and automation executes mistakes at machine speed. You are responsible for monitoring any strategy you deploy. A kill switch reduces exposure but cannot stop or unwind orders instantaneously, and it cannot cancel orders your broker has already executed.
6. AI-generated content
AI features on Vectaris produce machine-generated analysis. That output can be wrong, incomplete, or out of date, and it is not investment advice or a recommendation. Review everything before acting on it. You are solely responsible for every order placed through the platform.
7. Your broker
All orders execute at your own brokerage, under your own credentials. Execution quality, custody, and account protections (such as SIPC coverage, or the absence of it) are matters between you and your broker. A broker outage or restriction can prevent you from entering or exiting positions through Vectaris.
8. Acknowledgment
By using Vectaris, you acknowledge that you have read and understood this Risk Disclosure and that you accept these risks. Questions: support@vectaris.io.