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DRAFT. Must be reviewed and finalized by a licensed attorney before launch.

Risk Disclosure

Last updated: 2026-10-01

Trading involves substantial risk of loss and is not suitable for everyone. You can lose some or all of the money you trade, and faster than you expect when trading is automated.

Automated trading

Bots follow rules mechanically. They can place trades you did not expect because of software bugs, bad or delayed market data, internet or server outages, broker outages, or price gaps between checks. Test The Trade checks bots about once per day using daily candles, so prices can move a lot before a bot acts.

Hypothetical performance

Backtests and leaderboard results are hypothetical. They were not achieved by real trading, use simulated or historical data, and benefit from hindsight. They do not include every real-world cost, slippage or liquidity limit. No representation is made that any account will or is likely to achieve similar results. Past performance does not guarantee future results.

AI-generated strategies

Strategies built by the app's strategy assistant may be wrong, may not match what you asked for, and are not investment advice. Review every rule before running a bot.

Copying other users' bots

Bots on the leaderboard are made by other users. Test The Trade does not review, endorse or recommend them.

Crypto

Crypto assets are highly volatile, trade 24/7, are not protected by SIPC or FDIC, and may be affected by regulatory changes.

Your responsibility

You choose which bots to run, on which assets, and with how much money. You are responsible for every order placed in your brokerage account, including taxes. Test The Trade is software. It is not a broker-dealer or investment adviser, it does not hold your funds, and it does not give personalized investment advice. Brokerage services are provided by your broker (for example Alpaca Securities LLC, member FINRA/SIPC).