Legal

Risk Disclosure Statement

Effective date: 23 May 2026 Last updated: 23 May 2026 Sama Digital Innovation LLC — UAE

⚠ HIGH RISK WARNING: Trading contracts for difference (CFDs), commodities, indices, and cryptocurrencies involves a significant risk of loss and may not be suitable for all investors. You may lose all of your invested capital. You should not trade with money you cannot afford to lose. Please ensure you fully understand the risks involved before using MACSAP with a live broker account.

1. General Trading Risks

  1. Capital loss risk: Trading in leveraged financial instruments carries a high degree of risk. The value of your positions can move against you rapidly, and you may lose more than your initial deposit depending on the leverage provided by your broker.
  2. Leverage risk: Leverage amplifies both profits and losses. A small adverse market movement can result in losses far exceeding your initial margin deposit. CFD trading on commodities such as USOIL, XAUUSD, and NAS100 typically involves significant leverage.
  3. Volatility risk: Financial markets can be highly volatile. Prices can move significantly in short periods of time due to economic data releases, geopolitical events, central bank decisions, and other unpredictable factors.
  4. Gap risk: Markets may open at significantly different prices from their previous close, particularly following weekends, public holidays, or major news events. Stop-loss orders cannot guarantee execution at the specified level if a price gap occurs.
  5. Counterparty risk: Your broker acts as counterparty to your trades. If your broker becomes insolvent, you may lose your deposited funds. MACSAP is not responsible for the financial stability or conduct of any third-party broker.

2. Algorithmic Trading Risks

  1. Algorithm failure risk: Automated trading systems, including MACSAP's bot engine, can malfunction due to software bugs, data feed errors, connectivity issues, or unforeseen market conditions. No algorithm is infallible.
  2. Market condition risk: MACSAP's bot engine is designed and tested under specific market conditions. It may perform poorly or generate losses in market regimes it was not optimised for, including abnormal volatility, illiquid markets, or flash crashes.
  3. Slippage risk: In fast-moving or illiquid markets, orders may be executed at prices materially different from the signal price. This slippage can significantly affect trading outcomes.
  4. Overfitting risk: Algorithmic strategies that perform well in historical or simulated testing may not perform equally well in live markets due to overfitting to past data.
  5. Connectivity risk: Loss of internet connectivity, server downtime, or API failures may prevent MACSAP from executing orders, modifying positions, or closing trades at critical moments.
  6. Signal latency risk: Delays in price data, signal generation, or order execution may result in trades being placed at unintended price levels.

3. Simulator & Demo Account Risks

  1. Hypothetical performance: All results displayed in the MACSAP Simulator and Demo Account are entirely hypothetical. They are generated using modelled price behaviour and simulated execution, not real market conditions.
  2. No representation of future results: Simulator profits do not represent, predict, or guarantee any future trading results. There is frequently a significant difference between hypothetical performance and actual results subsequently achieved.
  3. Execution differences: Demo and simulated environments do not replicate real-world slippage, liquidity constraints, broker requotes, partial fills, or margin requirements.
  4. Psychological differences: Trading virtual funds does not replicate the psychological pressure of trading real capital, which can materially affect decision-making and risk tolerance.

4. Specific Asset Risks

USOIL — US Crude Oil

  1. Crude oil prices are subject to extreme volatility driven by OPEC decisions, geopolitical events, inventory data (EIA reports), and global demand fluctuations.
  2. Oil markets can experience sudden and dramatic price movements. The April 2020 event where WTI futures briefly traded at negative prices illustrates the extreme tail risk in commodity markets.
  3. EIA Weekly Petroleum Status Reports can cause sharp, instantaneous price movements. MACSAP's news filter attempts to avoid trading around these events but cannot guarantee protection against all news-driven volatility.

XAUUSD — Spot Gold

  1. Gold prices are highly sensitive to US Dollar strength, interest rate expectations, inflation data, and safe-haven demand during geopolitical crises.
  2. Spreads on gold can widen significantly during low-liquidity periods including Asian market hours and around major data releases.

NAS100 — Nasdaq 100

  1. The Nasdaq 100 is concentrated in technology stocks and subject to rapid repricing based on earnings reports, interest rate changes, and sector-specific news.
  2. Index CFDs are subject to dividend adjustments that can affect open positions.

5. Regulatory & Legal Risks

  1. The regulatory status of algorithmic trading software varies across jurisdictions. It is your responsibility to ensure that using MACSAP complies with the laws of your country of residence.
  2. Sama Digital Innovation LLC is not regulated by any financial services authority. MACSAP is a software tool, not a regulated financial service.
  3. Tax treatment of trading profits and losses varies by jurisdiction. You are solely responsible for your tax obligations arising from trading activity facilitated by MACSAP.

6. Acknowledgement of Risk

By using MACSAP, you acknowledge and confirm that:

  1. You have read and understood this Risk Disclosure Statement in its entirety.
  2. You understand that trading leveraged financial instruments involves a high risk of loss.
  3. You accept full responsibility for all trading decisions and outcomes arising from your use of MACSAP.
  4. You will only trade with capital you can afford to lose entirely.
  5. You have sought or will seek independent financial, legal, and tax advice appropriate to your circumstances before trading with real funds.
  6. Sama Digital Innovation LLC bears no responsibility or liability for any trading losses you incur.

7. Seek Independent Advice

If you are in any doubt about whether trading is appropriate for you, we strongly recommend seeking advice from an independent financial adviser who is authorised and regulated in your jurisdiction. Trading is not appropriate for everyone, and you should carefully consider your financial situation, investment objectives, and risk tolerance before proceeding.

8. Contact

For queries regarding this Risk Disclosure:
legal@samadigitalinnovation.com
samadigitalinnovation.com