Please take a moment to read the following:

Our quarterly reports are utilized as a "model" to present a general idea of how our research and specific picks have fared since the inception of our service and in various market conditions.  Our trades are posted each evening, and are followed from start to finish.  However, we are in no way representing that similar results will be achieved by following our strategies and picks.  In addition, we include as part of our disclaimer information that is required by the NFA in reference to back-tested trading systems as well as hypothetical track records, which is as follows:

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.

THIS COMPOSITE PERFORMANCE RECORD IS HYPOTHETICAL AND THESE TRADING ADVISORS HAVE NOT TRADED TOGETHER IN THE MANNER SHOWN IN THE COMPOSITE. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY MULTI-ADVISOR MANAGED ACCOUNT OR POOL WILL OR IS LIKELY TO ACHIEVE A COMPOSITE PERFORMANCE RECORD SIMILAR TO THAT SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN A HYPOTHETICAL COMPOSITE PERFORMANCE RECORD AND THE ACTUAL RECORD SUBSEQUENTLY ACHIEVED.

ONE OF THE LIMITATIONS OF A HYPOTHETICAL COMPOSITE PERFORMANCE RECORD IS THAT DECISIONS RELATING TO THE SELECTION OF TRADING ADVISORS AND THE ALLOCATION OF ASSETS AMONG THOSE ADVISORS WERE MADE WITH THE BENEFIT OF HINDSIGHT BASED UPON THE HISTORICAL RATES OF RETURN OF THE SELECTED TRADING ADVISORS. THEREFORE, COMPOSITE PERFORMANCE RECORDS INVARIABLY SHOW POSITIVE RATES OF RETURN. ANOTHER INHERENT LIMITATION ON THESE RESULTS IS THAT THE ALLOCATION DECISIONS REFLECTED IN THE PERFORMANCE RECORD WERE NOT MADE UNDER ACTUAL MARKET CONDITIONS AND, THEREFORE, CANNOT COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FURTHERMORE, THE COMPOSITE PERFORMANCE RECORD MAY BE DISTORTED BECAUSE THE ALLOCATION OF ASSETS CHANGES FROM TIME TO TIME AND THESE ADJUSTMENTS ARE NOT REFLECTED IN THE COMPOSITE.

Education, Not Recommendations

Razor Forex publishes information that is educational in nature and designed to contribute to your overall understanding of various types of technical analysis and how we apply this information to the foreign exchange markets.  We are in no way recommending the purchase, sale or short sale of any currency or other financial instruments.  Forex trading may not be suitable for everyone and may involve the risk of losing part of your money, all of your money, or more than all of your money.

We at Razor Forex are not Financial Advisors or Registered Analysts. We do not offer our various model portfolios as trading recommendations for you to copy. These models represent our own accounts and/or opinions and are intended to teach our style of short and long term trading. It is up to you to make your own decisions as what you want to do with your own portfolio.

We do not claim to have a special insight into the markets that prevent us from making mistakes. We do make mistakes. However, we believe our successes more than make up for our mistakes, and will continue to offer our education until proven otherwise. Observe our mistakes and utilize these lessons in your own trading programs.

Forex Trading may not be suitable for everyone. Though there are large potential rewards, Forex trading is very risky, especially when your accounts are fully margined. There is certainly a chance in which you can lose all of your money.  If you are trading Forex, there is a chance that your account can go negative, and that you will end up owing money to your broker.  In addition, prior to buying or selling a currency pair, an investor will need a broker (Forex brokers actually refer to themselves as DEALERS), and they must meet suitability requirements in order to trade these specific instruments.

By accepting this disclaimer you are acknowledging the risks involved in trading the foreign exchange markets and are also acknowledging that you, the subscriber, and not Razor Forex, are solely responsible for any losses, financial or otherwise, as a result of using this service. Razor Forex shall under no circumstances be liable for any lost profits, lost opportunities, misstatements, or errors contained within these pages. You also agree that Razor Forex will not be held liable for data accuracy, server problems, or any special or consequential damages that result from the use of, or the inability to use, any or all of the materials published on our Website. You agree to hold Razor Forex harmless for any act resulting directly or indirectly from this site, its data, content, materials, associated pages and documents.

Employees of Razor Forex may or may not have positions in the educational picks posted to the site through its newsletters or in the trading rooms.  In addition, 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 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, including the ability to withstand losses.  Finally, past performance is in no way indicative of future results.

All Seminar, Mentorship and Software sales are final.  By signing up for our 14-day trial, your credit card will automatically be charged $5.00. Once your 14-day trial has expired, if you do not wish to continue beyond the 14 days, it is your responsibility to email us and let us know that you would like to cancel or visit the My Account section in the member's area and cancel your account. You must cancel the day before your renewal to escape any charges placed on your account. If you cancel the day of your renewal you will need to contact us in order to void the transaction but you will see it will automatically deduct on the date of your renewal. We honor all cancellation requests. If you choose to continue, payment for the appropriate services will be made by automatic credit card debit. Once you are an active member, your account will be renewed automatically each month. Unless and until this agreement is canceled by email or in your My Account member's area, you are authorizing Razor Forex, Inc. to charge your credit card to pay for the ongoing cost of membership. We absolutely and positively honor all cancellation requests. There are no contracts or time obligations associated with our service.

Subscriptions may be canceled at any time by either party. These cancellations must be sent via email or canceled individually by the client as directed on the site. When termination is requested by a subscriber, subscription fees are not refunded. Rather, the current subscription will run its course to the end of the current billing cycle, at which point the subscription would then become inactive and the account canceled. Cancellation of service is not official until subscriber receives an email confirmation from Razor Forex and if your request is not answered in 3 business days, you will need to call us and confirm cancellation. Otherwise you can cancel your membership on our website in the "Member Resources" section under "My Membership."

If you find yourself interested in our trading styles, remember that it is important to diversify your investments and not throw all of your money into one basket or technique. If you do copy our buys and sells, you are doing so at your own risk. We're not recommending that anyone copy us, and believe that all investors should make their own decisions. We are here to teach by example, through our successes and mistakes.

You agree to defend, indemnify and hold us and our affiliates harmless from any and all claims, liabilities, costs and expenses arising in any way from your use of any services provided by Razor Forex.