Risk Disclosure

This Risk Disclosure applies to all Nordman Algorithms products and services. Product-specific risk notices are additionally displayed on individual product and Trade Copier pages.

Last Updated: April 22, 2026

1
General Risk Warning

Trading financial instruments involves a high level of risk and may not be suitable for all individuals.

Financial markets are volatile and unpredictable. Participation in trading activities may result in:

  • Partial or total loss of capital
  • Losses exceeding the initial investment (in leveraged instruments)
  • Rapid financial losses due to market movements

You should only trade with capital that you can afford to lose without affecting your financial stability or lifestyle.

2
Nature of the Software

Nordman Algorithms is a trade name of Nordman Algorithms OÜ (Reg. No. 14435535), registered in Tallinn, Estonia.

Nordman Algorithms OÜ operates exclusively as a software development and technology provider.

Our products:

  • Do not provide financial advice
  • Do not generate discretionary trading signals
  • Do not manage or control user funds
  • Do not execute trades independently or without user-defined logic

All software outputs are based on predefined logic and user-defined parameters.

3
User Responsibility

All trading decisions, configurations, and actions are made solely by the user.

This includes:

  • Strategy selection
  • Risk management
  • Trade execution
  • Use of automation or trade copying

Users are solely responsible for any outcomes resulting from the use of the software.

4
No Financial Advice or Regulated Services

Nordman Algorithms does not provide:

  • Investment advice
  • Trading recommendations
  • Portfolio management
  • Managed trading or copy trading services
  • Any other regulated financial products or services

All information and software outputs are provided for technical, analytical, or educational purposes only.

5
No Guarantees or Performance Claims

We do not guarantee:

  • Profitability
  • Trading performance
  • Accuracy of market outcomes
  • Reliability of analytical outputs or visual markers (such as arrows, zones, or highlights)

Any results obtained using the software depend entirely on user-defined strategies and market conditions.

Past performance is not indicative of future results.

6
Market & Execution Risks

Trading involves multiple external risks beyond software control, including:

  • Market volatility and sudden price movements
  • Liquidity limitations
  • Slippage and order execution delays
  • Broker-specific conditions and restrictions
  • Data feed inaccuracies or interruptions

Nordman Algorithms is not responsible for any losses caused by these factors.

7
Automation & Trade Copying Risks

When using automated systems, strategies, or trade copying solutions:

  • Trades may be executed without manual confirmation
  • Execution timing may vary due to latency or connectivity
  • Differences between accounts (balance, leverage, broker conditions) may affect results
  • Replicated trades may not match original performance

Trading actions may be initiated manually by the user or automatically by user-configured algorithms, expert advisors, or trading strategies. The software solely replicates these user-originated trades and does not generate, modify, or manage trading decisions independently.

8
Technical Risks

Software and infrastructure risks may include:

  • Internet connection failures
  • Platform crashes or instability
  • API or integration issues
  • Delayed or incomplete data
  • Hardware or operating system failures

Such risks may affect execution, analysis, or data visualization.

9
Third-Party Dependencies

Our software depends on third-party services, including:

  • Trading platforms (MetaTrader 4/5, NinjaTrader, DAS Trader, cTrader, TradingView, TradeStation, Quantower, Interactive Brokers (IBKR) / Trader Workstation (TWS), Tradovate)
  • Brokers and liquidity providers
  • Market data sources
  • Payment processors

We are not responsible for trade execution, broker performance, data accuracy, or platform outages or changes.

10
ESMA Risk Warning
European Securities and Markets Authority

Financial instruments, especially those involving leverage such as CFDs and Forex, are complex and carry a high risk of rapid financial loss.

You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your capital.

Our software does not mitigate or reduce these risks.

11
CFTC Rule 4.41
U.S. Commodity Futures Trading Commission

Hypothetical or simulated performance results have inherent limitations.

Unlike actual performance records, simulated results do not represent real trading. Since trades have not been executed, results may under- or over-compensate for market factors such as liquidity.

No representation is made that any account will achieve profits or losses similar to those shown.

12
Regulatory Scope

Nordman Algorithms OÜ is not regulated by any financial regulatory authority in any jurisdiction. We do not hold licences issued by the FCA (UK), ASIC (Australia), BaFin (Germany), or any other financial regulator.

Our products are software tools only and do not constitute financial services, investment advice, or regulated financial products in any jurisdiction.

13
Limitation of Liability

Nordman Algorithms shall not be held liable for:

  • Any financial losses
  • Indirect or consequential damages
  • Loss of data or trading opportunities
  • Outcomes resulting from the use or misuse of the software

Use of the software is at the user’s sole risk.

14
Acknowledgement of Risk

By using our website, software, or services, you acknowledge that:

  • You understand the risks associated with trading
  • You are solely responsible for your decisions
  • You accept full responsibility for any outcomes
15
Contact

For questions related to this Risk Disclosure:
contact@nordman-algorithms.com