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DISCLAIMER

Risk Disclaimer

Last updated 17 September 2026

Trading is risky, and the information on Cognito is not advice. This page says both of those things properly.

Trading carries risk

Trading foreign exchange, bonds, interest-rate products, equities, indices, metals, energy and other instruments carries a high level of risk. Leveraged products can produce losses that exceed your initial outlay. Prices can move sharply and without warning, particularly around economic releases and central bank decisions of the kind Cognito tracks. You should only trade with money you can afford to lose, and only if you understand the instruments and the risks.

Information, not advice

Everything on Cognito, including data, charts, models, positioning readings, regime calls, red-lined statements, research notes and any commentary, is general market information. It is not personal financial advice, it is not a recommendation, and it takes no account of your objectives, financial situation or experience. Cognito Markets is not authorised to give financial advice. If you are unsure whether an investment is right for you, consult an authorised adviser.

Accuracy and timeliness

Data is drawn from third-party sources and processed automatically. It can be delayed, incomplete, revised or wrong, and the models built on it inherit those faults. We do our best to keep it current and to say so when it is not, but we make no warranty of accuracy, completeness or timeliness, and you should confirm anything you intend to act on against an independent source.

Research notes

Research notes shown in the terminal are the views of their authors at the time of writing, provided for information. They are not endorsed by Cognito, may be out of date, and may conflict with each other.

Past performance

Past performance, whether of a market, a strategy, a model or a trade record, is not a reliable indicator of future results. Figures in the journal reflect the trades you entered and nothing more.

Your responsibility

Any decision to trade, and any position you take, is your own. By using Cognito you accept that Cognito Markets, its directors and its staff are not responsible for any loss you incur as a result of information obtained from the service, to the fullest extent the law permits.

Questions about any of this: contact us.