Risk Disclaimer

Read this carefully before using Reflect to copy trades. By enabling copying you acknowledge and accept the risks below.

Trading involves substantial risk of loss

Trading futures and other leveraged instruments involves substantial risk and is not suitable for everyone. You can lose some or all of your funds, and in leveraged accounts you can lose more than your initial deposit. Only trade with money you can afford to lose.

Copy trading does not reduce that risk

Copying another trader does not protect you from loss and can itself cause loss. When you copy a trader:

• the trader's results are not your results; differences in account size, capital, timing, slippage, fees, and broker behavior mean your outcome will differ
• a trader who is profitable in the past may lose money at any time
• you can lose money even when the trader you copy does not, and you can lose more, or differently, than they do
• you remain exposed to market gaps, volatility, and events outside anyone's control

Past performance is not a guarantee

Any past performance, statistics, or results shown anywhere in Reflect are not a promise or indication of future results. Reflect does not guarantee any profit or protection against loss.

You control your account and your decisions

You connect your own brokerage account, you decide whether to enable copying, you set your own limits, and you can pause or stop copying at any time. You are responsible for monitoring your account and for every position in it. Reflect places orders in your account based on the configuration you choose; the decision to use the service and accept its results is yours.

Reflect provides software, not personalized investment, financial, legal, or tax advice, and nothing in the product is a recommendation to make any particular trade.

Technology and execution risk

Reflect depends on your broker, third-party systems, networks, and market conditions. Copied orders may be delayed, may fill at different prices or sizes than the source trade, may be partially filled, or may not be placed at all during outages, disconnections, or rate limiting. Reflect does not guarantee that a copied trade will match the source trade in price, size, or timing.

Taxes are your responsibility

You are responsible for reporting and paying any taxes arising from your trading and from fees or payouts processed through Reflect.

Beta

Reflect is in private beta and may contain defects. See the Beta Terms.

If you do not accept these risks, do not enable copying.