Risk Disclosure

Read this disclosure in full before purchasing a challenge from [RandomPips LLC]. It forms part of the Terms of Service and the Challenge Agreement.

1. Everything is simulated

RandomPips synthetic indices are generated by a provably-fair deterministic algorithm (verify it here). They are not real markets, track no asset, and have zero drift: the expected next price is always the current price. The only structural cost is the disclosed spread. By construction, no strategy can gain a statistical edge over the price generator itself — results reflect risk management and discipline under the program's rules, plus variance.

2. You can lose your entire fee

Most participants do not pass evaluation challenges. A challenge fee buys an evaluation service; it is earned once you place your first trade and is not refunded if the account breaches a rule. Purchase a challenge only with money you can afford to spend on a skill-testing program. Fees are not investments and generate no return by themselves.

3. Rewards are conditional and capped

Funded-account rewards depend on simulated performance, require continuous compliance with the Challenge Agreement (including identity verification when requested), and are capped per funded account at the lifetime payout cap shown before purchase (typically 4× the challenge fee). The breach rules are tick-exact: a limit touched intraday by a floating loss fails the account even if the price recovers.

4. Cryptocurrency risks

• Payments and rewards are made in cryptocurrency, whose USD value can change rapidly; you bear that volatility outside the moments of invoice and payout pricing.
• On-chain transactions are irreversible. Always verify addresses and networks; payouts sent to the address you provided discharge our obligation in full.
• Custody of received crypto is your responsibility.

5. Operational risk

The platform may be briefly unavailable for maintenance or by failure of third-party infrastructure. Because prices are deterministic, the engine reconstructs every tick after an interruption and rules are enforced on the full path — downtime does not create or erase breaches, but you may be temporarily unable to manage open positions.

6. Regulatory status

RandomPips is a simulated-environment evaluation program. It is not a brokerage, exchange or investment service, is not registered with any financial regulator, and is not covered by any deposit insurance or investor compensation scheme. Virtual balances are not money.

7. No advice; no transfer of skill

Nothing on RandomPips is financial, investment, legal or tax advice. Skills demonstrated on simulated synthetic indices may not translate to real financial markets, which have different microstructure, costs and risks.