Risk Disclosure

PassTraq is a trading journal, challenge tracker and trading workbench for futures traders. This notice explains the risks that come with the activity our software supports and the limits of what the software itself can do for you. It is part of our Terms of Service; the Terms control if anything here appears to conflict with them.

Please read it once, properly. It is short on purpose. If anything is unclear, write to [email protected] before you rely on the product for decisions that involve real money.

Futures are leveraged. A small move in the underlying market produces a much larger move in your account, in both directions. That is what makes them attractive and what makes them dangerous.

• You can lose more than you put in. Depending on how your account is structured, a fast market, a gap over a weekend or a missed stop can leave you owing more than your original margin or deposit.
• Stops are not guarantees. A stop order becomes a market order when triggered; in a thin or fast market it can fill well away from the price you set.
• Past results do not predict future ones. A strategy, a track record or a good month says nothing certain about next week.
• Only risk money you can afford to lose. Trade with capital whose loss would not change how you live. Nobody should trade futures with rent, savings they depend on or borrowed money.

None of this changes because you are using a journal, an analytics dashboard or an AI coach. Software can help you see what you are doing; it cannot remove the risk of doing it.

Many of our users trade evaluations run by third-party prop firms (Apex, TopStep, MyFundedFutures, FTMO, The5ers, E8 and others). Those firms are separate businesses. We have no control over them and no responsibility for how they operate.

• Evaluation fees are paid to the firm, not to us, and are usually non-refundable regardless of outcome. Our Refund Policy covers only what you pay PassTraq.
• Most participants do not pass. Challenges are designed with rules that are hard to satisfy under pressure. Buying an evaluation, or tracking it carefully, does not make passing likely.
• The rules are the firm's. Drawdown models (trailing, end-of-day, static), daily loss limits, consistency rules, scaling plans, news restrictions and payout conditions are set by the firm and can change without notice to us. Read the firm's current terms yourself.
• Our rule tracking is a convenience. PassTraq estimates your standing against the rules you (or our presets) entered. It can lag behind your actual fills, use a slightly different calculation from the firm, miss a rule the firm applies, or be fed incomplete data. When it disagrees with the firm, the firm's own dashboard is authoritative — not ours.

A green status in PassTraq is not permission to keep trading. If you are near a limit, check the firm.

Several parts of the product produce numbers that look like trading results but are not: paper (sim) execution in the workbench, strategy backtests, historical replay sessions and strategy-run summaries. All of these are hypothetical.

• Simulated fills come from our internal simulator, not from an exchange. They do not promise realistic slippage, queue position, partial fills, liquidity at your size, or the latency you would face live.
• Backtests and replay are built on data you can already see. Rules chosen with the benefit of hindsight tend to look better on the past than they perform in the future.
• Hypothetical results do not reflect the discipline problems of real trading — hesitation, revenge trades, sizing up after a win — which are usually where accounts actually break.
• A strategy that backtests well can lose money live, immediately. We make no representation that any simulated, backtested or replayed result can be achieved.

Our analytics summarise the trades and journal entries you give us. Our AI coach, Finia, generates text about that data using a large language model. Both are informational and educational tools.

• The AI can be wrong. It can misread a trade, invent a pattern that is not there, do arithmetic incorrectly, or state something confidently that is false. Treat its output as a prompt for your own thinking, not as a conclusion.
• It is not personalised advice. Finia does not know your finances, obligations, tax position or risk tolerance, and it is not a licensed professional. Nothing it says is a recommendation to buy, sell, hold or size any position.
• Garbage in, garbage out. Analytics built on incomplete imports, mis-tagged trades or missing accounts will mislead you in ways that look precise.
• Verify anything you intend to act on against your own records and your broker's statements.

PassTraq does not sell market data. Live and historical prices in the workbench come through the market-data entitlement you hold with your own broker or data provider, relayed by our servers. We pass it on as we receive it, on a best-effort basis.

• Data can be delayed, incomplete or interrupted — because of your provider, our infrastructure, hosting or network providers, or maintenance windows at the exchange.
• We never fill gaps with invented ticks or levels. If the market is quiet, the chart stops moving; if the feed drops, the chart freezes and the interface tries to tell you which of the two it is. Missing history is fetched from the provider afterwards where possible, so a gap you see now may be filled in later.
• Historical archive data is made available to you for your own use inside the product. Do not extract, redistribute or resell it.
• The workbench, replay, AI features and the site as a whole can be unavailable, slow or degraded without notice, including during market hours. We do not commit to any uptime level in the current plans.

Do not rely on PassTraq as your only source of price, order or position truth. Keep your broker's own platform available and treat it as authoritative whenever the two disagree.

On the Quant plan, with an active subscription and after an explicit in-app acknowledgement, the workbench can send real orders to the broker or prop-firm account you connected. Everything else in the workbench is simulated. Live routing is offered in beta and you should assume it will have defects.

• A software bug, a dropped connection, a slow network, a reconnect that replays state, or an error at your broker can place, modify, fail to cancel or duplicate an order, or show you a position that differs from what the broker actually holds.
• Orders sent from your account are your orders. You bear their consequences, including losses caused by a defect in our software.
• You must keep your own risk controls at the broker — daily loss limits, maximum position size, a phone number for the trade desk — and check open orders and positions there, especially after any disconnect or unusual behaviour in the app.
• Broker credentials you give us are stored encrypted and used only to connect to your account on your behalf. You are responsible for keeping them current and for anything done with them from your login.

The acknowledgement you accept when enabling live routing forms part of your agreement with us. It repeats these points and we mean every one of them.

PassTraq is software. We are not a broker, futures commission merchant, introducing broker, commodity trading advisor, registered investment adviser or any other kind of financial intermediary or professional adviser, and we are not registered with any financial regulator.

• We do not hold your money or your positions. Your broker and your prop firm do.
• Nothing in the product — presets, rankings, leaderboards, coaching text, strategy templates, firm comparisons — is a recommendation to trade any product, use any strategy, or sign up with any firm.
• We do not owe you a fiduciary duty and we do not supervise your trading. The decision to place any trade, and how to size it, is entirely yours.
• We may have affiliate or referral arrangements with prop firms or brokers. Where a link is a partner link, we mark it as such. Such arrangements do not change the rule figures we show about a firm.

Using PassTraq well still depends on you. In particular, you agree that it is your job to:

• Know and follow the current rules of every firm and broker you trade with.
• Size positions and set risk limits appropriate to your own situation, and honour them.
• Keep your own records. Our export helps, but your broker statements are the record that matters for disputes and tax.
• Understand and meet the tax and reporting obligations of trading in your country.
• Enter accurate data (accounts, trades, rules) — everything we compute is only as good as what you give us.
• Be at least 18 and legally permitted to trade the products you trade where you live.

We do not guarantee that you will pass any evaluation, receive any payout, become profitable, avoid losses or improve as a trader by using PassTraq. Marketing language on our site describes what the product does and what it is meant to help with, not an outcome. If we quote figures about our users, they are aggregate and historical, and other people's results are not a forecast of yours.

Our liability for the product is limited as set out in the Terms of Service.

By creating an account or continuing to use PassTraq, you confirm that you have read this Risk Disclosure, that you understand the risks described in it, and that you accept them. Enabling live order routing requires a separate, explicit acknowledgement inside the app.

We may update this notice as the product changes; the effective date at the top tells you which version you are reading. Questions go to [email protected].