Risk Disclosure

Futures Trading Risk

Futures trading involves the potential for profit as well as the risk of loss. Futures are leveraged instruments, and because only a percentage of a contract's value is required to trade, it is possible to lose more than the amount of money initially deposited for a futures position. Therefore, traders should only use funds that they can afford to lose without affecting their lifestyles. Only a portion of those funds should be devoted to any one trade because they cannot expect to profit on every trade.

No Investment Advice

Echo Trader is a trade copying and journaling software tool. It does not provide investment advice, financial advice, trading advice, or any other sort of advice. None of the information provided by Echo Trader, its website, its software, or its representatives should be construed as investment advice. All trading decisions are made solely by the user. Echo Trader does not recommend any specific trades, strategies, or financial instruments.

Past Performance

Past performance is not necessarily indicative of future results. The risk of loss in trading futures can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Any results displayed or referenced on this website, in testimonials, or within the software are not typical and may not reflect the experience of all users. Individual results will vary. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

Trade Copying Risks

Trade copying, also known as copy trading, carries inherent risks including but not limited to:

• Execution Differences: Copied trades may be executed at different prices than the source account due to latency, market conditions, slippage, or liquidity. Even small differences in execution price can significantly impact results.
• Technology Risk: Trade copying relies on software, internet connectivity, and third-party platform APIs. System failures, connectivity issues, API outages, or software errors could result in trades not being copied, being copied incorrectly, or being delayed.
• Account Size Differences: Copying trades between accounts of different sizes may result in disproportionate risk exposure. Position sizing that is appropriate for one account may not be appropriate for another.
• Leverage Risk: Futures contracts are highly leveraged. Copy trading across multiple accounts amplifies both potential gains and potential losses.
• Partial Fills and Rejections: Orders in follower accounts may be partially filled or rejected by the broker due to insufficient margin, position limits, or other account restrictions.

Software Disclaimer

Echo Trader software is provided "as is" and "as available" without warranties of any kind, either express or implied. While we strive for reliability and accuracy, we do not guarantee that the software will be uninterrupted, error-free, or free of harmful components. Users are responsible for independently verifying all trades executed through the platform and maintaining appropriate risk controls on their brokerage accounts.

Regulatory Disclosure

Echo Trader is not a broker, dealer, financial advisor, or registered investment advisor. Echo Trader is not registered with the Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA), the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), or any other regulatory body. Echo Trader does not manage client funds, hold customer assets, or execute trades on behalf of users. All trades are initiated and executed by the user through their own brokerage accounts.

Third-Party Platforms

Echo Trader integrates with third-party trading platforms such as Tradovate, TradingView, and NinjaTrader. Echo Trader is not affiliated with, endorsed by, or sponsored by any of these platforms. The availability and functionality of integrations depend on third-party APIs and services that are outside of Echo Trader's control. Changes to these third-party services may affect the functionality of Echo Trader without notice.

Limitation of Liability

In no event shall Echo Trader, its owners, operators, employees, or affiliates be liable for any direct, indirect, incidental, special, consequential, or exemplary damages resulting from the use or inability to use the software, including but not limited to trading losses, lost profits, data loss, or any other damages arising from the use of Echo Trader.

User Responsibility

By using Echo Trader, you acknowledge that you understand the risks involved in futures trading and trade copying. You accept full responsibility for any trading decisions you make and any resulting gains or losses. You agree that you have read and understood this risk disclosure and that you are trading at your own risk. You should consult with a qualified financial advisor before making any investment decisions.