Risk Disclosure

Effective May 27, 2026

Important: This Risk Disclosure may be updated by FxKaran at any time as the Services evolve and as new risks become relevant. The current version is always the one posted at fxkaran.com/risk-disclosure. By creating or continuing to use an FxKaran account after any update, you confirm that you have read and accept the current version.

Please read this document carefully before signing up to FxKaran. You will be asked to acknowledge that you have read it.

1. Forex and CFD trading is risky

Trading in foreign exchange (forex) and contracts for difference (CFDs) carries a high level of risk and is not suitable for every investor. The use of leverage can magnify gains as well as losses. You can lose substantial amounts — including more than the funds you initially deposit if your broker permits negative balances. Past performance is not indicative of future results.

You should carefully consider whether such trading is appropriate for you in light of your financial situation, experience, risk tolerance, and the specific rules of your jurisdiction. If you are unsure, you should seek independent financial advice.

2. About the FxKaran strategy

(a) Free Telegram trades — these are trades that the FxKaran principal takes on his own broker account, posted in real time for transparency and educational purposes. They are not recommendations that you take the same trade. You decide independently whether and how to act on the information.

(b) Premium copy execution — trades initiated on the FxKaran source account are automatically replicated to your own broker account through a third-party platform (socialtradertools.com), scaled to the risk amount you set per signal in the FxKaran dashboard. You control the risk amount; you can change it; you can pause or disable copying at any time.

Verified monthly results — including losing months and drawdown periods — are published on the FxKaran homepage and on the third-party verification service Myfxbook. We do not censor or smooth those numbers. They describe the past only. Future months may be materially better or worse, including months of substantial loss.

Future drawdowns may exceed any historically observed drawdown. You may experience losing months, losing weeks, and extended drawdown periods.

3. Specific risks of the premium copy service

In addition to general market risk you accept the following:

Execution slippage — the price at which a signal is copied to your account may differ from the source account's price due to broker, latency, and liquidity factors. This may turn a profitable signal at source into a smaller profit, breakeven, or loss on your account.

Broker reliability — your trades are executed by your own broker, not by FxKaran. Broker outages, server delays, requote behaviour, and spread widening can affect your results. We have no relationship with or control over your broker.

Copier platform availability — the socialtradertools.com platform may experience downtime. During downtime, signals will not be copied to your account; previously open positions on your account continue under your broker's normal rules.

Configuration drift — if you change settings on your broker (e.g. reduce permissible leverage, alter symbol availability) the copier may not perform as expected. You are responsible for keeping your broker setup consistent with the configuration recorded with FxKaran.

Service outage — the FxKaran dashboard, notification system, email pipeline, or backend may be temporarily unavailable. Critical broker-side activity is not blocked by FxKaran downtime, but new instructions you wish to issue may be delayed.

Connectivity — your internet, your broker's connectivity, and the copier's connectivity all sit between an executed signal and your account.

Credential security — if your broker login credentials are compromised (e.g. you re-use the password elsewhere and that site is breached), unauthorised trades may occur on your account that FxKaran cannot reverse. You are responsible for the security of your broker credentials outside the limited disclosure to FxKaran for copier setup.

4. No guarantee of profitability

FxKaran does not guarantee any return, any win rate, any maximum drawdown, or any other performance metric. The historical figures shown on the homepage and Myfxbook are descriptions of the past, not promises about the future. The principal's discretion in selecting and timing trades may change, the market regime may change, and the strategy itself may evolve.

The free Telegram channel is a public stream and may be discontinued, paused, restricted, or moderated at any time without notice. Joining the channel does not create any agreement or expectation of continued availability.

5. Risks specific to crypto payouts (referral program)

If you elect to receive a referral payout in cryptocurrency, additional risks apply: USDT-TRC20 is sent over the Tron network — if your wallet does not support TRC20, the funds may be unrecoverable; once sent, blockchain transactions cannot be reversed by us or any third party; wallet-address errors are unrecoverable, which is why we confirm the address with you on a live call rather than relying on async sharing; cryptocurrency value and the legal status of receiving crypto vary by jurisdiction — in India, crypto income is taxed under specific Income Tax Act provisions, and you are solely responsible for that tax. You should not select crypto if you do not understand wallet management, network selection, gas fees, and the irreversibility of on-chain transfers.

If you choose crypto, you will be asked to book a 15-minute Zoom call (slots open Monday to Friday, 5:00–6:00 PM India Standard Time) using the booking link provided by email and in your dashboard. The call may be recorded for fraud-prevention and dispute-resolution purposes — see the Terms section 10 (Communications and recording) and the Privacy Policy. If recording is unacceptable to you, contact support@fxkaran.com to arrange an alternative payout method.

6. Suitability — your responsibility

You are responsible for assessing whether subscribing to FxKaran (free or premium) is suitable for you. This includes whether forex/CFD trading is legal for you to do at all in your jurisdiction (in India, trading non-INR forex pairs on overseas brokers is restricted under FEMA; in many countries, retail leveraged forex is subject to specific rules); whether you can afford to lose the funds you deposit with your broker; whether you can withstand long drawdown periods without panic-selling or pulling capital; whether your broker's specific terms (leverage, margin, negative balance, swap fees) are acceptable to you; and whether your tax obligations (in India, capital gains, or business income classification under the Income Tax Act, 1961; in other jurisdictions, equivalent rules) are understood and accounted for.

You are also responsible for any reporting obligations to your bank, your tax authority, or any regulator that applies to you.

7. No investment advice; no fiduciary duty

Nothing in the Telegram channel, on the website, in the dashboard, or in any communication from FxKaran is investment advice or a personal recommendation. FxKaran is not your fiduciary and owes you no fiduciary duty. We are not regulated as an investment adviser, portfolio manager, research analyst, or stockbroker in India or any other jurisdiction. If you require advice, please consult a licensed adviser in your jurisdiction.

8. You can withdraw at any time

You can pause or disable copying at any time from your FxKaran dashboard; delete your FxKaran account from the Settings page (this also removes your stored MT5 credentials from our Vault and reconfigures the copier); change the password directly with your broker, after which copying will fail until you re-supply us (or, if you do not, the copier will simply stop affecting your account); or close positions yourself directly with your broker at any time.

You retain ultimate control of your broker account. FxKaran has no power to withdraw funds from your broker account.

9. Acknowledgement at sign-up

By creating an FxKaran account you confirm that you have read and understood this Risk Disclosure; that you understand you may lose substantial sums and that no return is guaranteed; that you are operating within the laws of your jurisdiction; and that you are using the Services at your own risk.

You also acknowledge that this Risk Disclosure may be updated from time to time as the Services evolve, and that continued use of the Services after such updates constitutes your acceptance of the updated version.