Financial instrument trading, including simulated trading activities referenced by or undertaken utilizing The Funded Trader, may involve substantial risk of loss and is not suitable for every Person. The highly leveraged nature of trading, including simulated trading, means that even small price movements may have a great impact on a demo trading account, and the valuation of financial instruments including simulated valuations may be highly volatile and fluctuate significantly and as a result, customers may lose or gain more than their initial demo trade order. The Funded Trader does not offer or provide trading or investment recommendations and any trading or investment decisions you make are entirely your responsibility and at your own risk. Performance quoted represents past performance in a simulated environment and does not guarantee current or future performance or that losses will not occur.