Risk Disclosure Statement

This Risk Disclosure Statement is issued in line with MiFID II (Directive 2014/65/EU), Finansinspektionen guidance for financial firms operating in Sweden, and ESMA product-intervention measures on CFDs and leveraged crypto products. It forms part of your agreement with Condara Markets. By using the Service, you confirm you have read, understood, and accepted the risks described below.

1. Nature of the Service

Condara Markets is a technology and information platform. We publish market analysis, signals, scores, AI-generated commentary, educational content, journals, and research tools. We are not a broker, exchange, investment firm, portfolio manager, or regulated financial adviser. We do not accept, transmit, or execute orders, we do not hold client funds, and we do not provide personalised investment advice within the meaning of MiFID II Art. 4(1)(4).

2. No Personal Recommendation

All content on Condara Markets is generic and directed at a wide audience. It is not tailored to your personal financial situation, objectives, knowledge, experience, tax position, or risk tolerance. Nothing published here constitutes a personal recommendation, solicitation, offer, or inducement to buy, sell, or hold any financial instrument.

3. Market Risk

Prices of financial instruments can move rapidly and unpredictably. Adverse moves may be triggered by economic data, central-bank decisions, geopolitical events, exchange or broker outages, liquidity shocks, or sentiment shifts. Stop-loss orders may not execute at the requested level; slippage, gaps, and weekend gaps are common.

4. Leverage and Margin Risk

Leveraged products — including Forex, CFDs, perpetual swaps, futures, and margin trading — can amplify both gains and losses. Adverse moves can exceed your initial deposit, trigger margin calls, and cause forced liquidation. Between 74% and 89% of retail CFD accounts lose money at leading European brokers, according to ESMA disclosures.

5. Crypto-Asset Risk

Crypto markets operate 24/7 and exhibit extreme volatility, fragmented liquidity, counter-party risk on exchanges, smart-contract risk, custodial risk, regulatory uncertainty, and the risk of total loss. Stable-coins may de-peg. Exchanges may halt withdrawals without notice.

6. Signals, Analysis, and AI Content

Trade ideas, signals, scores, "confidence" ratings, AI predictions, journals, and educational content are analytical outputs — not investment advice. Confidence figures, hit-rates, and expected returns reflect model outputs on historical data and do not guarantee future performance. AI-generated commentary can be incomplete, inaccurate, or delayed.

7. Past Performance

Past performance is not indicative of future results. Hypothetical, backtested, and simulated results have inherent limitations. They do not account for slippage, fees, real liquidity, or emotional discipline. No historical track record — published or implied — is a promise of future returns.

8. No Guarantee of Profit

Condara Markets does not guarantee profits, specific win rates, drawdown limits, accuracy, or "risk-free" outcomes. Statements such as "guaranteed returns", "risk-free trading", or "financial freedom" are not made by Condara Markets and should be disregarded if encountered elsewhere.

9. Independent Decision-Making

You alone are responsible for every trade you place, the choice of your broker or exchange, the management of your account, your tax filings, and compliance with local laws. Before acting on any content, consider whether it is appropriate for you and — where relevant — consult an independent, licensed financial professional.

10. Technical and Operational Risk

The Service depends on third-party data feeds, infrastructure, broker connectivity, and AI providers. Delays, errors, downtime, or incorrect data can occur. Condara Markets is not responsible for losses arising from such issues.

11. Regulatory Jurisdiction

Trading rules and product availability differ across jurisdictions. Certain instruments may be restricted or prohibited where you reside. You are responsible for ensuring your activity complies with all local laws and regulations, including those of Finansinspektionen for users resident in Sweden.

12. Regulatory Status

Condara Markets provides general market information, analysis, and educational content that is identical to all subscribers of a given tier. Condara Markets:

• does not provide investment advice or personal recommendations within the meaning of MiFID II Art. 4(1)(4);
• does not execute, route, transmit, or mirror orders on behalf of users;
• does not manage portfolios or client assets;
• does not hold, receive, or safeguard client funds;
• is not subject to authorisation by Finansinspektionen for any of the above activities.

Any trading results shown from Condara's own systems relate exclusively to Condara's own accounts operated by Condara for its own research and are not client accounts. The only money flow between users and Condara is the subscription fee for the information service, processed by Stripe.

Regulatorisk status (Svenska)

Condara Markets tillhandahåller allmän marknadsinformation, analys och utbildningsinnehåll som är identiskt för samtliga prenumeranter inom en viss nivå. Condara Markets:

• tillhandahåller inte investeringsrådgivning eller personliga rekommendationer enligt MiFID II art. 4(1)(4) eller värdepappersmarknadslagen;
• utför, förmedlar, vidarebefordrar eller speglar inte order för användares räkning;
• förvaltar inga portföljer eller klienttillgångar;
• innehar, tar emot eller förvaltar inga klientmedel;
• står inte under Finansinspektionens tillstånd för någon av ovanstående verksamheter.

Handelsresultat som visas från Condaras egna system avser uteslutande Condaras egna konton, drivna av Condara för egen forskning, och utgör inga klientkonton. Det enda penningflödet mellan användare och Condara är abonnemangsavgiften för informationstjänsten, hanterad av Stripe.

13. Acknowledgement

By creating a Condara Markets account, ticking the risk-acknowledgement checkbox, or continuing to use the Service, you acknowledge that you have read and understood this Risk Disclosure, that you accept the risks of trading, and that Condara Markets is not liable for trading losses you incur while using the Service.