RISK DISCLOSURE STATEMENT

RISK DISCLOSURE STATEMENT

SPARTORA TRADER LLC

INTRODUCTION: THE NATURE OF THE RISK

Trading futures involves substantial risk. Spartora Trader LLC provides simulated evaluation programs and proprietary trading opportunities for educational and assessment purposes only. We are not a broker-dealer, financial advisor, or exchange, and we do not solicit customer funds for trading

BY ENGAGING IN ANY TRADING ACTIVITY RELATED TO SPARTORA TRADER LLC, YOU CONFIRM THAT YOU HAVE READ, UNDERSTAND, AND ACCEPT ALL RISKS OUTLINED BELOW, INCLUDING THE POTENTIAL FOR COMPLETE LOSS OF ALL PROGRAM FEES AND MONIES.

1. GENERAL & FINANCIAL RISKS

• Risk of Substantial Loss: Trading futures is HIGHLY SPECULATIVE and involves the risk of substantial loss. You may not only lose the entire amount of initial fees paid to Spartora Trader LLC to access the Services, but you also assume the risk of any actual losses incurred in a Funded Account environment, though such losses are limited to Firm capital.

• No Guarantee of Success: There is NO GUARANTEE of profitability or success. Past performance, whether simulated or real, is not indicative of future results and should not be relied upon as a predictor of success.

• Leverage Risk: Futures trading often involves significant leverage, which can magnify both profits and losses rapidly. Even a small adverse market movement can have a significant negative impact on your trading results.

• Fee and Cost Risk: All subscription fees, data fees, or other costs associated with accessing the Programs are non-refundable, regardless of whether you pass the evaluation or achieve a profitable trading outcome.

2. PROPRIETARY TRADING ARRANGEMENT

• Evaluation is Simulated: All trading activities within the Evaluation Program are conducted in a purely SIMULATED ENVIRONMENT using virtual capital. No real-money trading takes place during the evaluation phase, and any profits generated are hypothetical until a Funded Account is granted.

• Independent Contractor Status: Upon qualifying for a Funded Account, you are granted access to trade with FIRM CAPITAL, not your own personal capital. You participate as an INDEPENDENT CONTRACTOR tasked with managing Firm capital according to strict risk parameters.

• No Ownership Rights: Participation in any Program grants you NO OWNERSHIP, EQUITY, OR SHAREHOLDER RIGHTS in Spartora Trader LLC.

• Firm’s Final Authority: The Firm maintains final discretion and authority over all trading accounts, including the right to terminate access immediately if Program rules or the Independent Contractor Agreement are breached.

3. NO INVESTMENT OR FINANCIAL ADVICE

• Non-Advisory Role: Spartora Trader LLC DOES NOT act as a broker-dealer, investment advisor, or financial advisor. We are a proprietary trading firm providing a platform for evaluation and access to Firm capital.

• Educational Purpose Only: All provided content, including educational materials, trading rules, and performance assessments, are for TRAINING AND EVALUATION PURPOSES ONLY and do not constitute a recommendation or solicitation to buy or sell any financial instrument.

• Sole Responsibility: You are SOLELY RESPONSIBLE for all trading decisions made under the Programs. You must conduct your own independent analysis and ensure that trading is appropriate for your personal financial situation.

4. MARKET, PLATFORM, AND TECHNICAL RISKS

• Market Volatility: Futures markets are inherently volatile and subject to sudden, unpredictable changes due to news events, economic data, and geopolitical factors. Market risk can result in unexpected and immediate losses.

• Technical Failure: Trading platforms, data feeds, internet connectivity, and execution systems are subject to outages, latency, and operational errors. Spartora Trader LLC DOES NOT GUARANTEE uninterrupted, error-free, or timely access to the trading platform.

• Trader’s Responsibility: You are responsible for ensuring the reliability, security, and performance of your own hardware, software, and internet connection. Technical failures on your end may result in unexecuted orders, incorrect order execution, or financial loss for which the Firm bears no responsibility.

• Data Latency: Price feeds may experience minor delays or inaccuracies. The Firm’s internal records and server-side execution logs are considered the final authority on all trade entry, exit, and liquidation prices.

5. REGULATORY AND COMPLIANCE MATTERS

• KYC and AML: Spartora Trader LLC reserves the right to require you to successfully complete stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) verification checks prior to the initiation of a Funded Account and before any profit withdrawals are processed.

• Jurisdictional Restrictions: Participation in the Programs may be restricted or prohibited in certain jurisdictions. It is your OBLIGATION to ensure that your participation complies fully with all local laws, regulations, and statutes in your country of residence. Spartora Trader LLC accepts no liability for non-compliance.

6. WITHHOLDING AND DELAY OF PAYOUTS

• Payout Verification: All profit payouts are strictly subject to final verification of compliance with the entirety of the Program Trading Rules, the Independent Contractor Agreement, and all KYC/AML requirements.

• Prohibited Activity: Spartora Trader LLC reserves the absolute right to WITHHOLD, DELAY, OR VOID any profit payout if there is any suspicion or finding of PROHIBITED TRADING PRACTICES, fraudulent activity, account sharing, or a material breach of the Program Agreement. Such prohibited practices include, but are not limited to, latency arbitrage, unauthorized use of third-party software, and manipulative trading designed to exploit platform vulnerabilities.

ACKNOWLEDGMENT AND CONSENT

By proceeding with registration for or continuing participation in any Spartora Trader LLC Service, you hereby:

1. Affirm that you have the knowledge and experience necessary to understand the risks inherent in futures trading.

2. Acknowledge that Spartora Trader LLC shall NOT BE LIABLE for any trading losses, missed opportunities, or damages (whether direct or consequential) you may incur.

3. Confirm that your participation is ENTIRELY VOLUNTARY and at your own risk.

COMPLIANCE NOTICE Company Name: Spartora Trader LLC Registered Office: 1846 1st St, Idaho Falls, ID 83401, USA Governing Law: State of Wyoming, USA

Spartora Trader LLC is a proprietary trading firm that provides access to Firm capital under contract. The Firm does not solicit investment capital from the public and operates under strict internal risk management and compliance standards.