Risk Disclosure

Effective date: 17 October 2026

Read this before you buy or use any X-STOX product. Trading is risky, and automated trading has risks of its own.

In short

• Leveraged trading can lose you more than you deposit. Only risk money you can afford to lose.
• X-STOX sells software. We are not a broker or an adviser, and we are not registered with SEBI or any other financial regulator.
• Past results — verified or not — do not predict your results.
• Some X-STOX systems add to positions during a losing run. This can produce one large loss after many small gains.
• If you live in India, Indian law restricts forex trading with overseas brokers — read section 3.

1. What X-STOX is — and is not

X-STOX Technologies develops and sells trading software. We are not a broker, investment adviser, research analyst, portfolio manager or fund manager, and we are not registered with the Securities and Exchange Board of India (SEBI), the Reserve Bank of India or any other financial regulator. We do not hold client funds, execute trades for you, or give personalised advice. Signals and analysis produced by our software are the mechanical output of rules applied to market data; they are not research reports or recommendations.

2. Leveraged trading

Trading foreign exchange (forex), contracts for difference (CFDs), gold and other commodities, indices and cryptocurrencies on margin carries a high level of risk and is not suitable for everyone.

• Leverage multiplies losses as well as gains. A small move against you can wipe out your margin and, depending on your broker and account, you can lose more than you deposited.
• Prices can gap — especially over weekends and around news — so a stop-loss may be filled at a much worse price than the one you set.
• Your broker can change margin requirements, leverage, trading hours and contract specifications at short notice, and can close your positions if your margin runs out (a stop-out).
• Never trade with money you cannot afford to lose entirely.

3. Residents of India

Under the Foreign Exchange Management Act, 1999 (FEMA), the Reserve Bank of India (RBI) allows resident persons to undertake forex transactions only with authorised persons and for permitted purposes, and electronic forex trading only on platforms authorised by the RBI or on recognised stock exchanges. The RBI has stated that remittances for margins to overseas exchanges or overseas counterparties are not permitted, and that residents who trade forex on unauthorised platforms make themselves liable for penal action under FEMA. The RBI publishes an Alert List of entities that are not authorised; a platform’s absence from that list does not mean it is authorised.

X-STOX sells software; it does not execute or fund trades. Before you use any trading software, make sure your broker, the instruments you trade and the way you fund your account are lawful for you — and take independent legal advice if you are not sure.

4. Automated trading systems

Expert Advisors trade without asking you first, which adds risks of its own:

• Technology. Your terminal, computer or VPS, your internet connection, your broker’s server or the data feed can fail and leave positions unmanaged. Use a reliable VPS and check your account regularly.
• Market conditions. Every system is designed for particular conditions. Outside them — very low liquidity, extreme volatility, a change in how the market behaves — results can be far worse than in any test.
• Speed. Losses can build quickly, with no human in the loop.
• Settings. Lot sizes, risk presets and other inputs change the risk dramatically. A setting that suits one account size or broker can be dangerous on another.
• Platform and broker changes. MetaTrader updates, or changes to your broker’s symbols, spreads or rules, can change how a system behaves.

An automated system must be monitored. Automation shifts the work; it does not remove it.

5. Position-scaling and recovery techniques

Some X-STOX systems add to positions during a losing sequence — for example with grid or ladder entries, or martingale-style increases in lot size — in order to recover earlier losses when price comes back. These techniques can produce a long run of small gains followed by a single large loss, and in a strong move in one direction they can lose a large part of the account, or all of it. Their limits — maximum levels, stop-outs and the like — reduce this risk but do not remove it. Each product page describes the technique the product uses and its limits; read it before you buy.

6. Risk presets

Where a product offers presets such as Defensive, Moderate and Extreme, they run the same rules at different levels of risk. Higher presets mean larger positions and deeper drawdowns, and the Extreme preset can lose the entire balance. Start with the lowest preset and the smallest size your broker allows — ideally on a demo or cent account first.

7. Scalping, high-frequency and news trading

Systems that trade very often, or around news releases, are especially sensitive to execution. Spread widening, slippage, requotes, latency and rejected orders can turn a profitable test into a losing live account. Some brokers restrict scalping or news trading, and may cancel trades or close accounts that break their rules. Check your broker’s terms before you start.

8. Brokers and counterparties

Your money is held by your broker, not by X-STOX. Brokers differ in regulation, financial strength, execution quality, spreads, commissions, swaps and negative-balance protection, and the same system can produce very different results at different brokers. If a broker becomes insolvent or acts improperly, you may lose some or all of your funds. Choose your broker carefully: our mentioning or introducing a broker is not a guarantee of its conduct.

9. Cent accounts

Cent accounts let you trade real money at a fraction of the usual size, which makes them useful for live testing. The mechanics, risks and costs are otherwise the same. Balances and results on a cent account are shown in cents (USC): 100 USC equals 1 US dollar.

10. Performance figures

• Every performance figure on the Website is historical. Past performance does not indicate future results.
• “Myfxbook verified” means Myfxbook has confirmed that the account’s track record and trading privileges are linked to the broker account. It is not an endorsement, an audit of the strategy, or a prediction.
• The “Gain” Myfxbook reports is a time-weighted measure that removes the effect of deposits and withdrawals. It is not the same as the return on your capital, which depends on your account size, settings, broker and timing.
• Demo accounts show that the software runs; they do not reflect real-money execution. Real-money accounts are marked “Real” on our account cards.
• A short track record, or a small number of trades, proves little about how a system will behave over time.

11. Backtests, simulations and illustrations

Backtested and simulated results are hypothetical. They are prepared with the benefit of hindsight, involve no financial risk, and cannot fully account for changing spreads, slippage, requotes, latency, liquidity or the pressure of trading real money. Animations and diagrams on the Website — including those on the AI Trading Lab page — are illustrations on synthetic data, not results. No representation is made that any account will achieve results similar to those shown.

12. Artificial intelligence

X-STOX uses machine learning in research — for example to classify market regimes, to test whether settings are robust, and to analyse how markets behave around news. The products themselves run fixed, rule-based logic. No model or software can predict markets reliably, and machine learning does not remove risk: it changes its shape, and adds the risk of overfitting.

13. Taxes

You are responsible for reporting and paying any taxes due on your trading, in India or wherever you are resident.

14. Your responsibility

You alone decide whether to trade, with which broker, with how much capital and with which settings, and you are responsible for those decisions and their results. If you are not sure whether trading, or a product, is right for you, take advice from an independent, appropriately registered adviser before you start.

15. Questions

If anything here is unclear, ask us before you buy: support@x-stox.com or +91 9373001963 (phone) or WhatsApp.