Risk Disclaimer
Last updated 2026-04-26 · v1.0
Trading carries substantial risk. Past performance does not guarantee future results.
1. The Service is Educational
MB Capitals provides educational content and 1-on-1 coaching related to systematic methods for attempting prop-firm trading challenges. MB Capitals is not:
- A registered investment advisor;
- A registered broker-dealer;
- A financial planner;
- A signal service or copy-trading platform;
- A licensed trading firm or asset manager.
Nothing in MB Capitals materials constitutes investment advice, financial advice, tax advice, or a solicitation to buy or sell any financial instrument.
2. No Guarantees
We make no representation, warranty, or guarantee that you will:
- Pass any specific prop-firm challenge;
- Earn any payout from a funded account;
- Achieve any specific level of trading performance, profit, or income;
- Avoid losses on challenge fees or live trading.
Past performance — including the founder’s personal trading record, FTMO certificates, and disclosed payouts — is historical fact and does not predict future results, neither for the founder nor for any student.
3. Trading Carries Substantial Risk
Trading financial markets — including foreign exchange (FX), contracts for difference (CFDs), futures, indices, and cryptocurrencies — carries substantial risk of loss and is not suitable for every investor. Among the risks:
- Loss of the full amount of any prop-firm challenge fee paid;
- Loss of any portion of a funded-account profit-share due to drawdown or rule violations;
- Loss of capital deployed in any personal live trading account beyond MB Capitals;
- Psychological, financial, and time costs associated with developing a trading practice;
- Risks specific to leveraged trading, including the possibility that losses can exceed deposits where applicable.
Before risking real capital, consider consulting a licensed financial advisor in your jurisdiction.
4. Prop-Firm-Specific Risks
Prop-firm challenges (such as those offered by FTMO, FundedNext, The5%ers, E8, Topstep, and similar firms) involve additional risks beyond general trading risk, including:
- Fees paid for challenges are at risk of total loss with no refund from the prop firm if the challenge is breached;
- Prop firms may change rules, terms, or operating models at any time, which can affect strategies that worked previously;
- Profit-share payouts depend on the continued solvency and good-faith operation of the prop firm; prop firms have failed in the past (including high-profile examples);
- Funded-account simulations may not perfectly reflect live retail-trading market conditions.
MB Capitals has no affiliation, partnership, or business relationship with any prop firm unless explicitly disclosed. We do not control prop-firm rules, payouts, or platform stability.
5. Hypothetical or Backtested Results
Where MB Capitals materials reference hypothetical, simulated, or backtested trading results, those results are clearly identified. Hypothetical performance is not the same as live trading and has inherent limitations: results are produced in retrospect, do not reflect live market conditions, and do not include real-time slippage, commissions, or psychological factors.
6. Affiliate Disclosure
MB Capitals does not currently maintain affiliate relationships with prop firms. If we add affiliate links in the future (e.g., to a prop firm where you buy a challenge via our link and we earn a commission), such links will be clearly marked as affiliate links and disclosed on this page.
7. No Reliance
You acknowledge and agree that any decisions you make based on information from MB Capitals are made independently by you, at your own risk. You assume sole responsibility for your trading decisions, financial outcomes, and compliance with laws and regulations applicable in your jurisdiction.
See our Terms of Service for the full contractual framework, including limitation of liability and governing-law provisions.