Risk Disclosure

This notice describes the material risks of using Deptle Terminal for research and live trading. It is part of your agreement with Deptle Ltd under the Terms of Service. It cannot list every possible risk; it covers the ones we believe you must understand before trading with the software.

If anything here is unclear, ask us at [email protected] before using the software with real money. If you do not accept these risks, do not enable live execution.

Deptle Ltd is a software company. We are not a broker, dealer, exchange, custodian, investment firm, or financial adviser, and we are not authorized or regulated by the UK Financial Conduct Authority or any other financial regulator. Nothing in Deptle Terminal — including charts, analytics, backtest results, optimizer output, risk metrics, or AI-generated text — is investment advice, a recommendation, or a solicitation to buy or sell any instrument.

Every trading decision made with the software, whether manual or through a strategy you run, is your own. If you are unsure whether trading is appropriate for you, consult a licensed financial adviser.

The instruments accessible through Deptle Terminal — cryptoasset spot pairs and derivatives on third-party exchanges — are among the most volatile traded markets. Prices can move sharply at any hour, gap through your intended exit levels, and remain dislocated for extended periods. Liquidity can evaporate exactly when you need it.

You should only ever trade with money you can afford to lose entirely. The value of your positions can go to zero. Cryptoassets are largely unprotected by investor-compensation or deposit-guarantee schemes; losses are yours alone.

Supported exchanges offer leveraged derivatives (such as linear perpetual futures). Leverage multiplies your exposure: a small adverse price move produces a loss many times larger than the same move on an unleveraged position.

• Liquidation is real and automatic. If the market moves against a leveraged position, the exchange will forcibly close it — often at a worse price than the trigger — and your margin for that position can be lost in its entirety, within seconds.
• Funding rates, fees, and slippage compound against leveraged positions held over time.
• In extreme conditions, losses on some products can exceed the margin you posted, depending on the exchange’s rules.

Do not trade leveraged products unless you fully understand the exchange’s margin and liquidation mechanics. If in doubt, trade unleveraged spot — or paper trade.

Backtests and simulations are estimates built on historical data and simplifying assumptions. However carefully constructed, they differ from live trading in ways that almost always flatter the simulation:

• fills, slippage, latency, order-queue position, and partial executions are modeled, not experienced;
• historical data can contain gaps, errors, or survivorship effects;
• market regimes change — a strategy fitted to one period can fail abruptly in the next;
• your own live behavior (hesitation, intervention, sizing changes) differs from a simulation’s perfect discipline.

Past performance, simulated or real, does not predict future results. Treat every backtest as a hypothesis, not a promise.

Deptle Terminal ships powerful parameter-optimization tooling. Used naively, that power works against you: searching many parameter combinations over a fixed history will reliably find configurations that fit that history’s noise rather than any persistent market behavior. This is overfitting, and it is the default outcome of aggressive optimization, not a rare accident.

Optimized backtest results systematically overstate live performance. The more combinations you search, the more the best result overstates. Techniques available in the product — walk-forward analysis, Monte Carlo robustness testing, out-of-sample validation — reduce this bias but cannot eliminate it. No feature of Deptle Terminal turns optimization output into a reliable forecast.

We build the tooling as honestly as we can; how it is used is up to you. Validate out-of-sample, distrust spectacular equity curves, and size live positions as if your backtest were wrong — because in part, it always is.

Running a strategy live means software places real orders under your exchange credentials, potentially faster and more frequently than you could review them. Risks include:

• defects in your strategy logic, in the software, or in the interaction between them, producing unintended orders or sizes;
• connectivity loss, crashes, or machine failures leaving positions open and unmanaged;
• delayed, duplicated, or ambiguous exchange responses causing state divergence between the software and the exchange;
• market data anomalies triggering behavior the strategy author never intended.

Supervise automated strategies, especially early on. Validate in paper mode first, go live with small size, and know how to intervene directly on the exchange (closing positions or revoking the API key) independently of the software.

Deptle Terminal is non-custodial: we never hold your funds, and your API keys never leave your machine. Your assets are held by the exchanges you connect, under their terms. That means you carry the full counterparty risk of those venues: outages during volatile markets, API changes or rate limits, order rejections, trading halts, withdrawal freezes, account restrictions, insolvency, or loss of custodied assets.

We have no control over, and accept no responsibility for, any exchange’s conduct, solvency, or availability. Diversify venue risk as you judge appropriate.

Deptle Terminal requires an active internet connection and our servers to start and keep running, and updates are mandatory (see the Terms of Service). If your connection drops or the service is interrupted, the application may close while you hold open positions. The software is also offered as early access and, like all software, contains defects we have not found yet.

Never depend on the software as your only means of managing live risk. Keep direct exchange access available for emergencies, and consider exchange-side protections (such as stop orders placed at the venue) where appropriate.

Where the product includes AI-assisted features, their output is generated automatically and can be incomplete, outdated, or simply wrong — sometimes convincingly so. AI output is informational only, is not investment advice, and never places trades on its own. Verify anything material before acting on it.

The legal treatment of cryptoassets and their derivatives varies by country and changes frequently. Some jurisdictions restrict or prohibit retail access to crypto derivatives — for example, the United Kingdom bans the sale of crypto derivatives to retail consumers. Deptle Terminal is a tool; it does not grant you access to any market, and connecting it to an exchange does not make trading on that exchange lawful for you.

You are solely responsible for ensuring that your trading — the instruments, the venues, and the manner — is lawful where you live, and for any tax obligations that result from it.

By using Deptle Terminal, you confirm that you have read and understood this notice, that you understand the risks described in it, and that you accept sole responsibility for your trading decisions and their outcomes, as set out in the Terms of Service.