
Risk Warning
What are the key risks?
1. You could lose all the money you spend purchasing simulated trading assessments:
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Your maximum exposure is the amount that you pay for the assessment.
2. You are not guaranteed to make any money:
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This depends on your ability to pass an assessment and then achieve positive gains on the account.
3. You should consider if you can afford to take this risk:
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Before engaging in simulated assessments, users should carefully assess their financial situation to ensure they can afford the associated risks. Seeking independent financial advice where appropriate is strongly recommended. Users should be aware that they may lose all of the fee paid for the simulated assessment, and should therefore consider this potential loss before proceeding.
4. This purchase is deemed high risk and is not protected:
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This purchase is not regulated by the Financial Conduct Authority (FCA), this is because the FCA does not directly regulate simulated trading accounts. You will not be covered by the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service (FOS).
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ThinkMarkets provide the simulated trading conditions and are regulated by the FCA, it is their responsibility to ensure that they adhere to the FCA's rules and standards with regards to the simulated trading conditions provided.
5. Relentless does not provide any financial advice:
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The educational content provided by Stay Relentless Ltd and its staff does not hold accountability for any losses incurred by members. The educational advice you receive should not be interpreted as financial guidance.
6. There are other prop funding companies available:
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Relentless does not promote using only our services. Users should ensure that they do their own research and select the firm that best suits them should they wish to obtain a simulated challenge trading account.
7. Trading the financial markets carries inherent risks:
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It's advisable not to invest more than you can afford to lose. Past results do not guarantee future outcomes. Between 74-89% of retail investor accounts lose money when trading CFDs, and it's essential to consider whether you can afford the high risk of losing your money.
8. Stay Relentless Ltd does not make any income claims or guarantees:
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Individual success varies depending on factors like time invested and commitment. We will not be held accountable for any losses you incur. All individuals are responsible for paying taxes in accordance with their country's tax regulations, and Stay Relentless Ltd will not be held responsible for any individual taxes.