LEGAL

risk disclosure

Last updated: 6 November 2026 · Please read carefully before trading
HIGH-RISK INVESTMENT WARNING: Trading forex, CFDs, and gold (XAUUSD) carries a substantial risk of loss and is NOT suitable for every investor. You could lose ALL or more than your initial investment. Trade only with money you can afford to lose entirely.
AI ANALYSIS & REGULATORY STATUS: THARΞX is an AI-assisted charting and market-analysis software platform. Its outputs are informational and educational, not personalised investment advice. THARΞX is not registered with SEBI as an Investment Adviser or Research Analyst. Do not treat AI analysis, ICT/SMC annotations, levels or setups as a recommendation or a promise of market direction.

1. Nature of the THARΞX Analysis Service

THARΞX may analyse market charts and data across multiple timeframes using automated tools, statistical measures, AI-assisted interpretation and technical-analysis frameworks. Depending on the product and data available, this may include:

  • Multi-timeframe charting: comparing market structure and context across intraday and higher timeframes
  • ICT / Smart Money Concepts: possible BOS, CHOCH, order blocks, fair value gaps, liquidity pools, liquidity sweeps, displacement, premium/discount and session behaviour
  • Volatility and market context: ATR, candle ranges, wick behaviour, momentum, volume (where available), spreads and session conditions
  • AI-generated observations: possible directional bias, key levels, scenarios, invalidation areas and analytical explanations

These are analytical methods and interpretations, not objective facts or guaranteed setups. Definitions and detection rules can vary. The presence of a pattern does not establish that a trade should be placed.

2. AI, Data and Indicator Limitations

  • AI systems can produce incorrect, incomplete, inconsistent or outdated outputs.
  • Chart data may be delayed, incomplete or different from the prices and candles shown by your broker.
  • Indicators and volatility measures are derived from historical or current data and may lag sudden market changes.
  • Support, resistance, liquidity, order blocks, FVGs, BOS and CHOCH can be subjective or implementation-dependent.
  • Low-timeframe analysis can be especially sensitive to spread, noise, execution and feed differences.
  • News, market gaps, liquidity changes and volatility expansion can invalidate a previously displayed scenario.

Always independently verify information against your broker platform and other reliable sources. Do not rely on an AI output as the sole basis for a financial decision.

3. No Financial Advice and SEBI Status

THARΞX and its operators do not represent themselves as your financial adviser, investment adviser, research analyst, broker or portfolio manager. THARΞX is not registered with SEBI as an Investment Adviser or Research Analyst. The platform does not consider your objectives, financial position, experience or risk tolerance and does not provide personalised advice.

Nothing on the website, in the software, in AI-generated analysis, chart annotations, setups, communications or educational material is intended to be an offer, solicitation or personalised recommendation to buy, sell or hold any financial instrument. You are responsible for checking the legal and regulatory requirements that apply to you and to the services you use.

4. Nature of Trading Risk

Forex and CFD trading involves significant risks including but not limited to:

  • Leverage risk: Small price movements can result in proportionally larger losses
  • Volatility risk: Gold (XAUUSD) can move 100+ pips in minutes
  • Margin call risk: Your broker may close positions at unfavorable prices
  • Slippage risk: Orders may execute at worse prices than expected
  • Gap risk: Markets may open at very different prices over weekends
  • Liquidity risk: Difficulty exiting positions during news events
  • Technology risk: Internet, VPS, or broker outages

5. Algorithmic Trading Specific Risks

Automated systems like THARΞX EA introduce additional risks:

  • Strategy failure: Markets change; what worked historically may not work in the future
  • Drawdown periods: Even profitable strategies experience extended losing streaks
  • Grid/martingale exposure: THARΞX uses grid-based recovery — accounts can experience large open drawdowns before recovery
  • Black swan events: Unexpected market moves (e.g., war, banking crises, central bank surprises) can wipe out accounts
  • VPS/connectivity failure: EA cannot manage trades if disconnected from MT5
  • Broker conditions: Changes in spreads, swaps, or execution can affect profitability

6. THARΞX EA Specific Disclosures

Trading approach

THARΞX EA uses a grid recovery strategy on XAUUSD. This means:

  • It may open multiple positions in the same direction during drawdowns
  • It aims to recover losing trades by averaging entry prices
  • Total exposure can grow significantly during adverse market conditions
  • Account equity can experience large floating losses before take-profit triggers

Past performance

All performance data shown on tharexea.com (verified MT5 screenshots, charts, statistics) reflects historical results on real or demo accounts. Past performance does not guarantee future results. Your actual results will vary based on:

  • Your broker's execution quality and spreads
  • Your starting capital and risk settings
  • Market conditions during your trading period
  • Slippage, swaps, and other costs
  • Your discipline in following the EA's parameters

7. Recommended Practices

To reduce (but not eliminate) risk:

  • Start with the 7-day trial to evaluate the EA before commitment
  • Use a small amount of capital initially (consider Cent account)
  • Use the recommended broker (DB Investing) for proper conditions
  • Never risk more than you can afford to lose
  • Use a reliable VPS to minimize disconnections
  • Monitor your account regularly
  • Keep a trading journal
  • Consult a financial advisor if unsure

8. Regulatory Status

THARΞX EA is a software tool, not a financial product. We are NOT:

  • A licensed broker, dealer, or financial advisor
  • Registered with SEBI, RBI, FCA, ASIC, CFTC, or any regulator
  • Holding any client funds
  • Providing investment advice

All trading takes place in YOUR broker account. We never hold your funds.

MT5 Auto (by invitation): if you connect your MT5 account to MT5 Auto, the THARΞX agent logs in with the details you give and places trades on that account under the limits you set. You can pause it, switch it off or close all trades at any time, and you can change your MT5 password to remove access. Automated trading can lose money quickly, including while you are not watching.

Averaging and grid modes add positions while price moves against the open basket. This can turn a normal move into a deep drawdown and, on a small account, a margin call. Use a cent account, a small start lot and a loss limit you can afford.

9. No Advice

Nothing on the THARΞX website, in our software, in our communications, or from our team constitutes financial, investment, legal, or tax advice. We provide a software tool only. All decisions are yours.

10. Acknowledgment

By using THARΞX, you acknowledge:

  • You have read and understood this risk disclosure, including the limitations of AI-assisted charting and ICT/SMC analysis
  • You understand that you may lose your entire investment
  • You are not relying on us for investment advice
  • You are using risk capital you can afford to lose
  • You release THARΞX from any liability for trading losses
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