GENERAL RISK DISCLAIMER

NY INFORMATION PROVIDED IN THIS DISCLAIMER OR BY SMARTTRADER, LLC IS FOR GENERAL INFORMATION PURPOSES AND NOT MEANT AS SPECIFIC ADVICE FOR YOUR INDIVIDUAL CIRCUMSTANCES OR AS PERSONALIZED TRADING ADVICE.

By acknowledging this statement and contracting for the services provided by Smart Trader, LLC, a Florida Limited Liability Company with a principal address of 3900 Millenia Blvd. Ste. 200, Orlando, FL 32839 (“ST”, “we”, or “our”), you acknowledge that you have not sought advice from ST regarding the appropriateness of Forex trading for you, and ST has not provided any such advice to you.

RISKS ASSOCIATED WITH FOREX TRADING

Trading spot foreign currencies on the Foreign Exchange (“Forex”) is not appropriate for all investors, and the risks of Forex trading can be substantial. You should carefully consider whether Forex trading is right for you in light of your particular circumstances and financial resources.

There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in foreign exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. The leveraged nature of Forex trading means that any market movement will have a proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is generally recommended to use only risk capital or, in other words, only use money you can afford to lose.

You further agree and acknowledge that the trading signals provided to you by ST are not, and are not intended to be, an offer or solicitation to enter into any Forex transaction, or any type of trading or investment advice, recommendation or strategy. You acknowledge that it is solely your decision to determine which, if any, ST trading signals to use for trading (whether actual or simulated) at a retail Foreign Exchange Dealer, Futures Commission Merchant or other financial institution (collectively referred to as “Financial Institution”), and whether to send all, some, or none of the ST trading signals to such Financial Institution for execution. At no point will any trading signals provided by ST be individual to you or your particular circumstances, nor will they be personalized to you.

You understand that past performance associated with any trading signals offered by ST, whether actual, hypothetical or historically “back-tested” is neither necessarily indicative of nor a guarantee of future performance or success.

Trading ST signals may result in the total loss of the funds that you deposit at a Financial Institution, and you may incur losses in excess of your deposits. Leverage can work against you as well as for you.

Based on the foregoing, you agree that you shall not seek to hold ST responsible for any losses associated with any trading signals provided to you by ST In the event that any claims, suits, actions, damages, liabilities, obligations, losses, or expenses (including reasonable attorneys’ fees) arise out of or relate to the relationship between ST and you, and/or any trading signals provided by ST to you, you agree to indemnify and hold ST harmless therefrom.

THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF THE FOREX MARKETS. YOU SHOULD CONSULT WITH YOUR FINANCIAL

Hypothetical Results Disclaimer

THE RESULTS PROVIDED BY ST MAY BE BASED ON SIMULATED OR HYPOTHETICAL PERFORMANCE RESULTS THAT HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS SHOWN IN AN ACTUAL PERFORMANCE RECORD, THESE RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THESE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THESE RESULTS MAY HAVE UNDER-OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED OR HYPOTHETICAL TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THESE BEING SHOWN.

The information that may be presented is based on simulated trading using systems and education developed exclusively by ST are simulated results and do not represent actual trading. Please note that simulated trading results may or may not have been back-tested for accuracy and that spreads/commissions are not taken into account when preparing hypothetical results.

No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown. Past performance is not indicative of future results. Individual results may vary, and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.

RISKS ASSOCIATED WITH OPTIONS TRADING

Options involve substantial risk and are not suitable for all investors. Options investors may lose the entire amount of their investment in a relatively short period of time. It is possible to owe more than you have invested in your brokerage account. Please be aware of your broker’s requirements for trading options. Before you decide to invest in the options market you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a substantial loss which could total more than your initial investment in a short period of time. Therefore, you should not invest money that you cannot afford to lose. If you have any questions or concerns regarding the risks associated with option trading, you should confer with a trusted and reliable independent financial advisor. None of the information provided by ST constitutes a solicitation to trade any investment or security of any kind.

ST and/or its personnel may or may not own positions and/or trade any securities that are the subject of the education and subsequent information we provide. ST is not affiliated with nor do we have any relationship with any brokers that you may open an account with.

Past performance is not indicative of future results. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you and ST Testimonials as presented may not be representative of all reasonably comparative clients.

Options Disclosure Document

Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. Copies of this document may be obtained from your broker, from any exchange on which options are traded, or by contacting The Options Clearing Corporation at:

One North Wacker Dr., Suite 500

Chicago, IL 60606

(1-888-678-4667)

Electronic Trading Risks

Before you engage in transactions using an electronic system, you should carefully review the rules and regulations of the exchanges offering the system and/or listing the instruments you intend to trade. Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. You should understand these and additional risks before trading.

RISKS ASSOCIATED WITH CRYPTOCURRENCY

Trading cryptocurrencies on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before getting involved in cryptocurrency trading you should carefully consider your personal venture objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial deposit and therefore you should not place funds that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor if you have any doubts. The information contained in this web page does not constitute financial advice or a solicitation to buy or sell any cryptocurrency contract or securities of any type. ST assumes no liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information

ST Market Opinions

Any opinions, news, research, analyses, prices, or other information offered by ST or users of ST’s social media is provided as general market commentary and does not constitute investment advice. ST assumes NO liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All information provided by ST is for educational and general information purposes and is not tailored to your individual situation or status.

RISKS ASSOCIATED WITH TRADING THE STOCK MARKET

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

Any opinions, news, research, analyses, prices, or other information offered by ST is provided as general market commentary, and does not constitute investment advice. ST will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Education Services

ST does not hold itself out as a Commodity Trading Advisor (“CTA”). All information and material provided by ST is for educational purposes only and should not be considered specific investment advice. ST is not providing this information as advice, nor are we providing this information based on or tailored to your specific circumstance or trading activity. The information that we provide or that is derived from our website should not be a substitute for advice from an investment professional.

Acknowledgement and Agreement

By using the products or services offered by ST, or using this website the user agrees that ST shall not be held liable for any direct, indirect, consequential loss or any damages whatsoever arising from this usage, or the use of any information, signals, messages, education, and any other information contained or disseminated in regard to its use and understanding. You use this site and the products or services offered by ST at your own risk. Neither a guarantee of performance results nor any anticipated return on investment is offered at any time. Past performance is no guarantee of future results. None of the information provided by ST constitutes a solicitation to trade Forex or buy or sell any Forex contract.

By using the ST website and other services provided, you agree not to hold ST, or any of its affiliates, liable for decisions that are based on information contained in blog posts, reader responses to blog posts, or information anywhere else on the ST website or in promotional material.

Accuracy of Information

The content on this website is subject to change at any time without notice and is provided for the sole purpose of assisting clients to make independent decisions regarding their interest in ST’s products and the Forex market. ST has taken reasonable measures to ensure the accuracy of the information on this website, however, does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website or distributed through other means.

Telephone Call Monitoring and Recording

ST may monitor and record telephone calls made to or from our offices for quality control and training purposes. You hereby consent to any such monitoring or recording.

Testimonials

Testimonials found on this website may not be representative of all reasonably comparable clients. The individuals quoted in the testimonials used were not paid to be quoted unless specifically identified as such. Certain accounts may have worse performance than as indicated. Individual results may vary and no representation is being made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.

Third Party

Any links provided to other websites are offered as a matter of convenience and in no way are meant to imply that ST endorses, sponsors, promotes or is affiliated with the owners of or participants in those sites, or endorses or warrants any information contained on those sites, unless expressly stated. Furthermore, ST does not endorse, guarantee or warranty any third party products advertised on its site, in its promotional materials, or otherwise referenced in any information provided by ST or derived from ST’s website, and ST expressly disclaims any responsibility and accepts no liability with respect to such information and products. ST may receive a fee from a service provider that has a link or advertisement on ST’s website or is referenced in the information provided by ST

ST Market Opinions

Statements regarding income, whether expressed or implied, do NOT represent a guarantee. Any opinions, news, research, analysis, prices, or other information contained on this website or other promotional material is provided as general market commentary, and does not constitute investment advice or a solicitation to buy or sell any Forex contract or securities of any type. ST will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Celebrity Endorsement

Celebrity endorsers may be compensated to recommend ST and its products. The content, including any positive reviews of ST and its programs, may not be neutral or independent.