Financial Disclosures

This Financial Disclosures document (“Disclosures”) contains important regulatory information and risk disclosures related to forex, futures, and securities trading education provided by Zero Noise Trading (“we,” “our,” or “us”) through the “Zero Noise Trading – Complete Trading Course” (the “Course”).

These Disclosures are provided in compliance with regulations from the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), and Securities and Exchange Commission (SEC). Please read these Disclosures carefully before enrolling in our Course.

2. FOREX TRADING DISCLOSURES

2.1 CFTC and NFA Regulatory Disclosure

OFF-EXCHANGE FOREIGN CURRENCY TRANSACTIONS INVOLVE THE LEVERAGED TRADING OF CONTRACTS DENOMINATED IN FOREIGN CURRENCY CONDUCTED WITH A FUTURES COMMISSION MERCHANT OR A RETAIL FOREIGN EXCHANGE DEALER AS YOUR COUNTERPARTY. BECAUSE OF THE LEVERAGE AND THE OTHER RISKS DISCLOSED HERE, YOU CAN RAPIDLY LOSE ALL OF THE FUNDS YOU DEPOSIT FOR SUCH TRADING AND YOU MAY LOSE MORE THAN YOU DEPOSIT.

YOU SHOULD BE AWARE OF AND CAREFULLY CONSIDER THE FOLLOWING POINTS BEFORE DETERMINING WHETHER SUCH TRADING IS APPROPRIATE FOR YOU:

(1) TRADING IS NOT ON A REGULATED MARKET OR EXCHANGE—YOUR DEALER IS YOUR TRADING PARTNER WHICH IS A DIRECT CONFLICT OF INTEREST. BEFORE YOU ENGAGE IN ANY RETAIL FOREIGN EXCHANGE TRADING, YOU SHOULD CONFIRM THE REGISTRATION STATUS OF YOUR COUNTERPARTY.

(2) THE ELECTRONIC TRADING PLATFORMS FOR RETAIL FOREIGN CURRENCY TRANSACTIONS ARE NOT TRADING VENUES SUBJECT TO REGULATION AS DESIGNATED CONTRACT MARKETS UNDER THE COMMODITY EXCHANGE ACT. YOUR TRADING MAY BE SUBJECT TO DIFFERENT RULES AND REGULATIONS DEPENDING ON YOUR DEALER.

(3) YOUR DEALER MAY COMMINGLE YOUR FUNDS WITH ITS OWN OPERATING FUNDS OR USE THEM FOR OTHER PURPOSES. IN THE EVENT YOUR DEALER BECOMES BANKRUPT, ANY FUNDS THE DEALER IS HOLDING FOR YOU IN ADDITION TO ANY AMOUNTS OWED TO YOU RESULTING FROM TRADING, WHETHER OR NOT ANY ASSETS ARE MAINTAINED IN SEPARATE DEPOSIT ACCOUNTS BY THE DEALER, MAY BE TREATED AS AN UNSECURED CREDITOR’S CLAIM.

(4) YOU MAY NOT BE ABLE TO LIQUIDATE A POSITION WHEN YOU WANT TO, OR AT THE PRICE YOU WANT, BECAUSE MARKET ILLIQUIDITY MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO CLOSE OUT A POSITION.

2.2 Forex Trading Risk Disclosure

Forex trading involves substantial risk of loss and is not suitable for all investors. The high degree of leverage that is often obtainable in forex trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. This Course is not a solicitation to trade forex and should not be construed as such.

2.3 Hypothetical Performance Disclosure

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.

3. FUTURES TRADING DISCLOSURES

3.1 CFTC Risk Disclosure Statement

THE RISK OF LOSS IN TRADING COMMODITY FUTURES CONTRACTS CAN BE SUBSTANTIAL. YOU SHOULD, THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR CIRCUMSTANCES AND FINANCIAL RESOURCES. YOU SHOULD BE AWARE OF THE FOLLOWING POINTS:

(1) YOU MAY SUSTAIN A TOTAL LOSS OF THE FUNDS THAT YOU DEPOSIT WITH YOUR BROKER TO ESTABLISH OR MAINTAIN A POSITION IN THE COMMODITY FUTURES MARKET, AND YOU MAY INCUR LOSSES BEYOND THESE AMOUNTS. IF THE MARKET MOVES AGAINST YOUR POSITION, YOU MAY BE CALLED UPON BY YOUR BROKER TO DEPOSIT A SUBSTANTIAL AMOUNT OF ADDITIONAL MARGIN FUNDS, ON SHORT NOTICE, IN ORDER TO MAINTAIN YOUR POSITION. IF YOU DO NOT PROVIDE THE REQUIRED FUNDS WITHIN THE TIME REQUIRED BY YOUR BROKER, YOUR POSITION MAY BE LIQUIDATED AT A LOSS, AND YOU WILL BE LIABLE FOR ANY RESULTING DEFICIT IN YOUR ACCOUNT.

(2) THE FUNDS YOU DEPOSIT WITH A FUTURES COMMISSION MERCHANT FOR TRADING FUTURES POSITIONS ARE NOT PROTECTED BY INSURANCE IN THE EVENT OF THE BANKRUPTCY OR INSOLVENCY OF THE FUTURES COMMISSION MERCHANT, OR IN THE EVENT YOUR FUNDS ARE MISAPPROPRIATED.

(3) THE FUNDS YOU DEPOSIT WITH A FUTURES COMMISSION MERCHANT FOR TRADING FUTURES POSITIONS ARE NOT PROTECTED BY THE SECURITIES INVESTOR PROTECTION CORPORATION EVEN IF THE FUTURES COMMISSION MERCHANT IS REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION AS A BROKER OR DEALER.

(4) THE FUNDS YOU DEPOSIT WITH A FUTURES COMMISSION MERCHANT ARE GENERALLY NOT GUARANTEED OR INSURED BY A DERIVATIVES CLEARING ORGANIZATION IN THE EVENT OF THE BANKRUPTCY OR INSOLVENCY OF THE FUTURES COMMISSION MERCHANT, OR IF THE FUTURES COMMISSION MERCHANT IS OTHERWISE UNABLE TO REFUND YOUR FUNDS. CERTAIN DERIVATIVES CLEARING ORGANIZATIONS, HOWEVER, MAY PROVIDE A GUARANTEE THROUGH A TRUST FUND TO PROTECT CUSTOMERS IN THE EVENT OF A FUTURES COMMISSION MERCHANT INSOLVENCY.

(5) THE FUNDS YOU DEPOSIT WITH A FUTURES COMMISSION MERCHANT ARE NOT HELD BY THE FUTURES COMMISSION MERCHANT IN A SEPARATE ACCOUNT FOR YOUR INDIVIDUAL BENEFIT. FUTURES COMMISSION MERCHANTS COMMINGLE THE FUNDS RECEIVED FROM CUSTOMERS IN ONE OR MORE ACCOUNTS AND YOU MAY BE EXPOSED TO LOSSES INCURRED BY OTHER CUSTOMERS IF THE FUTURES COMMISSION MERCHANT DOES NOT HAVE SUFFICIENT CAPITAL TO COVER SUCH OTHER CUSTOMERS’ TRADING LOSSES.

(6) THE FUNDS YOU DEPOSIT WITH A FUTURES COMMISSION MERCHANT MAY BE INVESTED BY THE FUTURES COMMISSION MERCHANT IN CERTAIN TYPES OF FINANCIAL INSTRUMENTS THAT HAVE BEEN APPROVED BY THE COMMISSION FOR THE PURPOSE OF SUCH INVESTMENTS. PERMITTED INVESTMENTS ARE LISTED IN COMMISSION REGULATION 1.25 AND INCLUDE: U.S. GOVERNMENT SECURITIES; MUNICIPAL SECURITIES; MONEY MARKET MUTUAL FUNDS; AND CERTAIN CORPORATE NOTES AND BONDS. THE FUTURES COMMISSION MERCHANT MAY RETAIN THE INTEREST AND OTHER EARNINGS REALIZED FROM ITS INVESTMENT OF CUSTOMER FUNDS. YOU SHOULD BE FAMILIAR WITH THE TYPES OF FINANCIAL INSTRUMENTS THAT A FUTURES COMMISSION MERCHANT MAY INVEST CUSTOMER FUNDS IN.

(7) FUTURES COMMISSION MERCHANTS ARE PERMITTED TO DEPOSIT CUSTOMER FUNDS WITH AFFILIATED ENTITIES, SUCH AS AFFILIATED BANKS, SECURITIES BROKERS OR DEALERS, OR FOREIGN BROKERS. YOU SHOULD INQUIRE AS TO WHETHER YOUR FUTURES COMMISSION MERCHANT DEPOSITS FUNDS WITH AFFILIATES AND ASSESS WHETHER SUCH DEPOSITS BY THE FUTURES COMMISSION MERCHANT WITH ITS AFFILIATES INCREASES THE RISKS TO YOUR FUNDS.

(8) YOU SHOULD CONSULT YOUR FUTURES COMMISSION MERCHANT CONCERNING THE NATURE OF THE PROTECTIONS AVAILABLE TO SAFEGUARD FUNDS OR PROPERTY DEPOSITED FOR YOUR ACCOUNT.

3.2 Futures Trading Risk Disclosure

Futures trading involves substantial risk of loss and is not suitable for all investors. The high degree of leverage that is often obtainable in futures trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. This Course is not a solicitation to trade futures and should not be construed as such.

4. SECURITIES TRADING DISCLOSURES

4.1 SEC Disclosure

All securities trading, whether in stocks, exchange-traded funds (“ETFs”), options, or other investment vehicles, is speculative in nature and involves substantial risk of loss. We encourage our students to invest carefully and to use the information available at the websites of the Securities and Exchange Commission at http://www.sec.gov and the Financial Industry Regulatory Authority at http://www.finra.org.

4.2 Securities Trading Risk Disclosure

Securities trading involves risk and is not suitable for all investors. The value of securities may fluctuate and, as a result, clients may lose more than their original investment. The past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss in a down market.

4.3 Day Trading Risk Disclosure

Day trading can be extremely risky. Day trading generally is not appropriate for someone of limited resources and limited investment or trading experience and low risk tolerance. You should be prepared to lose all of the funds that you use for day trading. In particular, you should not fund day-trading activities with retirement savings, student loans, second mortgages, emergency funds, funds set aside for purposes such as education or home ownership, or funds required to meet your living expenses.

5. GENERAL FINANCIAL DISCLOSURES

5.1 Not Investment Advice

The educational content provided in our Course is for informational and educational purposes only and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. We do not recommend any specific investment or trading strategy, and we are not responsible for your trading decisions.

5.2 Past Performance

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed within our Course. The past performance of any trading system or methodology is not necessarily indicative of future results.

5.3 Testimonials and Examples

Testimonials and examples of trading results shown in our Course may not be representative of results obtained by all students. Different types of trading involve varying degrees of risk, and there can be no assurance that any specific trading method or strategy will be suitable or profitable for any particular student.

5.4 Income Claims

Any income or earnings statements are estimates of income potential only, and there is no assurance that your earnings will match the figures presented. Your results will vary and depend on many factors, including but not limited to your background, experience, and work ethic.

6. CONTACT INFORMATION

If you have any questions or concerns about these Financial Disclosures, please contact us at:

Email: support@zeronoisetrading.com

By enrolling in our Course, you acknowledge that you have read and understood these Financial Disclosures and agree to their terms.