Risk Disclosure
Trading crypto-assets is speculative and can result in the loss of all of the money you invest. Please read this disclosure in full and make sure you understand these risks before using any Petrel Wertium service.
1. General risk
The value of Bitcoin, Ethereum and other digital assets can change rapidly and unpredictably. Prices may fall to zero. Markets can be thinly traded, and you may be unable to buy or sell at a desired price or at all. Past performance, whether of an asset, a strategy or a signal, is not a reliable indicator of future results.
2. Automated and AI-assisted tools
Software that monitors markets or generates signals cannot predict prices with certainty. Models can be wrong, data feeds can be delayed or inaccurate, and software can malfunction. Automated execution may act on signals faster than you can review them, and losses can accumulate quickly during periods of high volatility. You remain responsible for configuring and supervising any automated activity.
3. Leverage and margin
Products involving leverage, margin or derivatives magnify both gains and losses. A relatively small adverse price movement may result in losses greater than your initial deposit and may lead to forced liquidation of positions. You should not use leverage unless you fully understand these mechanics and can afford the potential losses.
4. Calculators and illustrations
Calculators, simulators, charts and examples on our website are hypothetical. They use assumed rates of return, durations and amounts that may not occur in practice. Figures are provided to help you understand how a formula works, not to indicate what you will earn. No figure shown should be relied upon as a forecast, a promise or a guarantee.
5. Fees, spreads and costs
Trading costs reduce returns. These include platform fees, exchange spreads, network transaction fees, currency conversion charges and taxes. Costs can represent a significant proportion of small trades and may turn an apparently profitable position into a loss.
6. Security and custody
Digital assets can be lost through hacking, phishing, malware, lost credentials, exchange failures or errors in transfer addresses. Transactions on blockchain networks are generally irreversible. You are responsible for protecting your login details, devices and any wallets you control.
7. Regulatory and legal uncertainty
The legal and tax treatment of digital assets varies between jurisdictions and may change. Changes in law or regulation could restrict or prohibit your use of certain assets or services. Crypto-assets are generally not covered by deposit protection or compensation schemes in the same way as bank deposits.
8. Your responsibilities
- Only invest money you can afford to lose entirely;
- Consider your financial situation, objectives, experience and risk tolerance;
- Diversify and avoid relying on a single asset or strategy;
- Set and review risk limits and stop-loss settings regularly;
- Seek independent financial, legal or tax advice where appropriate.
9. No advice
Information provided by Petrel Wertium is general in nature and does not take account of your personal circumstances. It does not constitute personal recommendations, investment advice or an offer to buy or sell any asset. Our team cannot tell you what to buy or when to sell.
10. Questions
If you have questions about the risks described here, please contact us at [email protected] or write to Park Row 26, EC4N 7BJ London, GB. You may also wish to speak with a qualified independent adviser before making any decision.