Trading futures contracts involves substantial risk of loss and is not suitable for every investor. The high degree of leverage available in futures markets can work against you as well as for you, and can lead to large losses as well as gains. You may sustain a total loss of the funds you deposit with your broker, and in some circumstances you may be liable for amounts greater than your deposit. You should carefully consider whether trading is appropriate for you in light of your circumstances, knowledge, and financial resources, and you should trade only with risk capital - money you can afford to lose without affecting your financial security or lifestyle.
PhantomAlgo is a software tool. It is not financial, investment, legal, or tax advice, and it is not a recommendation, offer, or solicitation to buy or sell any futures contract or other financial instrument. PhantomAlgo is not registered as a commodity trading advisor, broker-dealer, or investment adviser, and does not manage or have custody of any customer funds. Nothing on this website, in the app, or in any related material constitutes personalized advice. All trading decisions are made by you, in your own account, at your own risk.
Backtested, simulated, and hypothetical performance results have many inherent limitations. CFTC Rule 4.41 requires us to tell you: hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
Features described as backtests, optimizations, walk-forward tests, or out-of-sample checks are analytical tools only. They do not guarantee, predict, or imply any future result.
No representation or warranty is made that any strategy, feature, guardrail, or setting will achieve any particular outcome, prevent any loss, or operate without interruption or error. Risk features such as daily-loss halts and cutoff guards are software aids, not guarantees; they can fail, be delayed, or be affected by your broker, your internet connection, your computer, or market conditions such as gaps and fast markets.
You are solely responsible for: every order placed in your account, whether placed manually or through any automation feature; your account settings, position sizes, and risk limits; monitoring your account and the software while it runs; your compliance with all applicable laws and regulations; and any losses, fees, or other consequences arising from your use of the software.
Proprietary trading firms set their own rules, including rules that may restrict or prohibit automated trading, copy trading, or certain software. Those rules can change at any time. It is solely your responsibility to verify that your use of PhantomAlgo complies with your prop firm's current rules. A prop firm may fail your evaluation, deny payout, or terminate your account for violations, and PhantomAlgo has no control over and accepts no liability for any such action.
PhantomAlgo connects to third-party brokerage platforms (currently Tradovate) that are not owned, operated, or endorsed by PhantomAlgo, and PhantomAlgo is not affiliated with or endorsed by them. Your use of those platforms is governed by their own terms, fees, and policies. PhantomAlgo is not responsible for the availability, accuracy, actions, or outages of any third-party platform.
The software and this website are provided "as is" and "as available," without warranties of any kind, express or implied. To the maximum extent permitted by law, PhantomAlgo and its owner(s) will not be liable for any indirect, incidental, consequential, or punitive damages, or for any trading losses, lost profits, or lost data, arising out of or related to your use of the software or this site, even if advised of the possibility of such damages.
If you do not understand or accept these risks, do not use the software. See also the Terms of Service.