Earnings & Performance Disclaimer

ALTIVOR INSTITUTE makes no representation, warranty or guarantee that any user will achieve:

• financial profits of any amount or nature
• income or revenue from trading activity
• positive returns on capital deployed
• improvement in trading performance metrics
• economic success of any description

Use of the Platform does not assure, imply or guarantee the achievement of any specific financial outcome.

Trading and investment outcomes are dependent upon numerous individual factors, including but not limited to:

• the user's prior experience and knowledge
• technical and analytical skill level
• behavioural discipline and consistency
• prevailing market conditions at the time of trading
• capital management and risk control practices
• psychological resilience and emotional regulation
• technical infrastructure, connectivity and execution quality

Results achieved by individual users may vary materially. No projection of typical outcomes is made or implied.

Any examples of results, statistics, performance figures or scenario analyses presented through the Platform:

• are illustrative in nature only
• do not constitute a forecast or projection
• are not representative of the outcomes achieved by all or most users
• do not guarantee that similar results can or will be replicated
• may reflect atypical or exceptional circumstances

ALTIVOR INSTITUTE expressly disclaims any suggestion that presented examples are typical or achievable by any user.

Where historical, hypothetical or simulated data is presented on the Platform, users should note that such data:

• does not reflect actual live trading conditions
• may not account for transaction costs, spread, slippage or financing charges
• does not incorporate the influence of emotional and psychological factors on decision-making
• may differ materially from results achievable in live market environments
• may have been prepared with the benefit of hindsight

Past performance whether actual, hypothetical or simulated is not indicative of, and does not guarantee, future results.

Where results attributed to other users of the Platform are presented or referenced:

• such results do not constitute a promise or expectation of equivalent outcomes
• they may reflect individual circumstances that are not transferable
• they may represent atypical or above-average performance
• they should not be interpreted as a benchmark or standard outcome

User results are not verified by ALTIVOR INSTITUTE unless expressly stated. No endorsement of any user's performance is implied.

Educational programmes, evaluation cycles and challenge structures available through the Platform may be based on:

• simulated or demo trading data
• demonstration account environments
• user-submitted trade records
• hypothetical rule-based scenarios

Performance achieved within simulated environments does not necessarily reflect, and may not be indicative of, results achievable in live trading conditions. Simulated performance has inherent limitations and does not carry the risks or rewards of actual market participation.

ALTIVOR INSTITUTE assumes no obligation or commitment to provide:

• any specified level of income or financial return
• financial success or profitability for any user
• qualification, certification or passage of any evaluation programme
• the attainment of any specific performance target

Participation in any programme offered through the Platform is subject to the user's own performance against published criteria, which are evaluated objectively and without adjustment.

Financial performance in trading is influenced by numerous factors that are entirely outside the control of ALTIVOR INSTITUTE, including:

• market volatility and liquidity conditions
• the user's individual trading decisions and execution
• broker infrastructure, order routing and execution policies
• transaction costs, spreads and overnight financing charges
• applicable laws, regulations and jurisdictional restrictions
• force majeure events and extraordinary market conditions

ALTIVOR INSTITUTE accepts no responsibility for outcomes attributable to any of the foregoing factors.

ALTIVOR INSTITUTE expressly excludes, to the fullest extent permitted by applicable law, all liability in respect of:

• financial losses of any nature or amount
• lost profits, lost revenue or lost opportunity
• failure to achieve expected or anticipated results
• any consequence arising from the user's investment or trading activity

This exclusion applies regardless of whether such losses were foreseeable, and regardless of whether they arose from use of Platform content, tools, frameworks or programmes.

Users are required to maintain realistic expectations with respect to potential financial outcomes. Specifically:

• trading does not constitute a guaranteed or reliable source of income
• the majority of retail traders incur losses over sustained periods
• skill development and process discipline are necessary but not sufficient conditions for profitability
• consistent profitability in live markets requires sustained effort, experience and adaptation

The Platform is designed to support the development of structured trading processes. It is not designed to generate or promise financial returns.

By accessing the Platform, you confirm and represent that you:

• understand that no financial results are guaranteed by use of the Platform
• do not expect any specific level of profit or return
• accept the full possibility of incurring financial losses in any trading activity
• acknowledge that examples and statistics presented are illustrative and not representative
• accept sole and full responsibility for all trading decisions and their outcomes
• have read and understood this disclaimer in its entirety