Risk Warning

RISK WARNING

Prospective clients are advised to meticulously review the following risk disclosures. Note that this document does not enumerate or elucidate every conceivable risk associated with trading Financial Instruments, particularly cryptocurrencies. The disclosures herein delineate the general character of such risks in a balanced and non-misleading manner, consistent with U.S. regulatory standards under SEC Regulation Best Interest (Reg BI) and CFTC customer protection rules.

Cryptocurrency instruments, including leveraged positions, represent complex financial products unsuitable for all investors. These are leveraged products that settle upon closure of an open position. Engaging in such trading assumes elevated risk, potentially resulting in the total loss of invested capital.

Clients must fully comprehend the risks pertinent to each Financial Instrument prior to any trading activity. Risk no more than one is prepared to lose entirely. Delphi Delta Investment Corporation does not furnish investment advice, transaction recommendations, or endorsements regarding cryptocurrencies or related instruments.

Clients shall ascertain the suitability of any Financial Instrument vis-à-vis their financial circumstances and objectives prior to account opening. In instances of uncertainty regarding trading risks, consultation with an independent financial advisor is imperative. Should comprehension remain elusive post-consultation, clients must abstain from trading altogether.

Trading Financial Instruments entails substantial risk of loss, with investment values subject to both appreciation and depreciation. Clients bear sole responsibility for all resultant losses, which may exceed initial capital upon trade initiation.

ACKNOWLEDGEMENT - TECHNICAL RISKS

The Client assumes responsibility for financial losses arising from failures in information, communication, electronic, or ancillary systems. System disruptions may preclude order execution per instructions or entirely. Delphi Delta Investment Corporation disclaims liability for such failures.

While utilizing the Client Terminal for trading, the Client assumes risks of financial loss due to:

Hardware or software failure, malfunction, or misuse attributable to Client or Company systems;
Internet connectivity deficiencies, interruptions, transmission failures, power outages, hacker intrusions, or connection overloads affecting Client, Company, or both;
Erroneous Client Terminal configurations;
Delayed Client Terminal updates;
Non-adherence to Client Terminal user guides or Company website protocols.

ABNORMAL MARKET CONDITIONS

The Client acknowledges that under Abnormal Market Conditions—such as extreme cryptocurrency volatility—the execution timeline for Instructions and Requests may be protracted.

TRADING PLATFORM

The Client acknowledges that only one Request or Instruction may queue at a time. Subsequent submissions are disregarded, displaying an "Order is locked" message until prior execution.

The sole reliable Quotes Flow source resides on the live Server's Quotes Base. Client Terminal Quotes Base is unreliable due to potential connectivity disruptions.

Closing order placement, modification, deletion, or position windows does not cancel transmitted Instructions or Requests to the Server.

Repeating an Instruction absent prior execution confirmation assumes the risk of duplicate transactions, notwithstanding potential "Order is locked" notifications.

If a Pending Order executes but the Client simultaneously instructs level modifications including If-Done Orders, only Stop Loss and/or Take Profit adjustments on the triggered position shall execute.

COMMUNICATION RISKS

The Client assumes financial loss risks from delayed or non-receipt of Company notices.

Unencrypted email transmissions lack protection against unauthorized access.

The Client bears full responsibility for undelivered internal platform messages, automatically deleted after three (3) calendar days.

The Client is solely accountable for information privacy received from the Company and resultant losses from third-party unauthorized Trading Account access.

Delphi Delta Investment Corporation bears no responsibility for authorized or unauthorized third-party access to transmitted information, including electronic addresses, communications, personal data, or credentials via internet, networks, telephone, or other electronic means.

FORCE MAJEURE

In Force Majeure Events, the Client assumes all financial loss risks.

RISK WARNING NOTICE FOR CRYPTOCURRENCY AND DERIVATIVE PRODUCTS

This notice does not exhaustively detail all risks and material aspects of cryptocurrency and derivative products. Trading is inadvisable absent full comprehension of product nature and risk exposure. Suitability must align with individual circumstances and financial position. Strategies such as spreads or straddles may equate in risk to outright long or short positions.

EFFECT OF LEVERAGE

Margin trading amplifies market movements' impact on Trading Accounts. All accounts operate under leverage pursuant to CFTC regulations (e.g., 17 CFR § 5.5). Adverse movements may occasion losses exceeding deposited funds. Clients bear responsibility for all risks, resources deployed, and strategies employed.

Clients are strongly advised to maintain Margin Levels (Equity to Necessary Margin ratio) not below 1,000%, deploying Stop Loss to cap losses and Take Profit to secure gains when unmanaged.

Clients assume responsibility for losses from positions opened via temporary excess Free Margin from profitable (subsequently canceled) positions at Error Quotes (Spikes) or Manifest Errors.

HIGHLY VOLATILE INSTRUMENTS

Certain cryptocurrencies exhibit wide intraday ranges and volatile movements. Clients must weigh high loss potential against profits. Derivative prices derive from underlying assets (e.g., cryptocurrencies). Markets are highly volatile, subject to unforeseeable events beyond Client or Company control. Execution at declared prices may prove impossible under duress, per SEC Rule 15c3-5. Influencing factors include supply/demand dynamics, regulatory policies, geopolitical events, and market psychology. Stop Loss orders offer no loss guarantees.

Irrespective of Company-provided information, instrument values may plummet or surge, potentially to zero value. Margin systems amplify modest deposits relative to contract value, yielding disproportionate effects. Favorable movements yield profits; adverse ones may erase deposits and incur further losses.

LIQUIDITY RISKS

Reduced demand for underlying cryptocurrencies may impair liquidity, obscuring value assessments and risk extents.

FUTURES

Futures mandate future delivery or cash settlement of underlying assets, carrying high risk. Leverage magnifies small deposits into substantial gains or losses. Contingent liabilities apply; review margin requirements below.

OPTIONS

Option types vary:
"Buying Options" : Risk limited to premium plus charges; lapse if adverse.
"Writing Options" : Heightened risk, potential margin calls, losses exceeding premiums. Involves obligation to buy/sell underlying if exercised. Restricted to experienced traders for uncovered options.

CONTRACTS FOR DIFFERENCES (CFDs)

Company-offered CFDs are non-deliverable, profiting from cryptocurrency price changes. Favorable movements yield profits; adverse ones may liquidate deposits plus commissions/expenses. Engage only if prepared for total loss including ancillary costs.

OFF-EXCHANGE DERIVATIVES TRANSACTIONS

Cryptocurrency CFDs and derivatives are off-exchange, potentially riskier than exchange-traded due to absent centralized closure mechanisms.

FOREIGN MARKETS

Foreign markets pose risks including exchange rate fluctuations. Delphi Delta provides risk/protection explanations upon request, including liability for foreign firm defaults.

CONTINGENT LIABILITY TRANSACTIONS

Margined transactions require phased payments versus immediate full settlement.

COLLATERAL

Collateral treatment varies by transaction type and venue, differing materially between recognized exchanges (subject to clearing house rules) and off-exchange trading.

COMMISSIONS AND TAXES

Pre-trading, familiarize with all commissions, charges, and potential tax liabilities arising from legislative changes or personal circumstances, per IRS guidelines.

TRADING SUSPENSIONS

Rapid price movements may render position liquidation difficult or impossible.

CLEARING HOUSE PROTECTIONS

Exchange/clearing house guarantees may apply to firm/third-party transactions.

INSOLVENCY

Company insolvency may necessitate non-consensual position liquidation.

THIRD-PARTY RISK

Client funds passed to third parties for transactions may reside in omnibus accounts, indistinguishable from others.