Risk Disclosure
Plain-English statement of the principal risks involved in trading through the Talviro Menqari platform. Please read this document carefully before opening or funding an account.
1. General trading risk
Trading financial instruments — including digital assets, foreign exchange, commodities and equity indices — carries a high level of risk and may not be suitable for every investor. Prices can move sharply against your position, and you may lose part or all of the capital you have committed. In leveraged instruments, losses can exceed your initial deposit.
You should only trade with capital you can afford to lose without affecting your standard of living or financial obligations. Past performance, whether modelled or actually realised by other clients, is not a reliable indicator of future results.
2. Cryptoasset-specific risk
The Talviro Menqari crypto book is exposed to risks not present in traditional markets. Cryptoassets can experience extreme intraday volatility, periods of low liquidity and sudden venue-specific events such as exchange suspensions, withdrawal freezes or protocol forks. Pricing across venues can diverge during stress.
Some cryptoassets are unregulated in Canada or are subject to evolving regulatory treatment by provincial securities regulators and the federal authorities. Treatment under Canadian tax law continues to evolve and may change retroactively.
3. Leverage and margin risk
Where leverage is offered, small market movements can result in proportionally larger gains or losses. Margin requirements may change quickly during periods of volatility, and the platform may close positions automatically to prevent your account from going below zero. You remain responsible for any residual deficit.
4. Liquidity risk
In stressed markets, the bid-offer spread can widen substantially, and order fills may occur at prices materially different from the last-traded price displayed in the signal feed. Stop-loss orders, while honoured to the best of the engine's ability, are not guarantees of exit at a specific price.
5. Counterparty & venue risk
Although Talviro Menqari CA uses only reputable, regulated venues and prime partners, no counterparty is risk-free. A bankruptcy, technology outage or fraud at a venue could delay withdrawals or, in extreme cases, lead to partial loss. The Talviro Menqari platform maintains diversification across venues to mitigate concentration in any single counterparty.
6. Technology risk
Online platforms are subject to outages, latency events, network attacks and human error. While we operate redundant systems and a 24/7 monitoring team, no platform is immune to these events. During an outage, you may temporarily be unable to view or close positions.
7. Tax risk
The tax treatment of your Talviro Menqari investment depends on your individual circumstances and the jurisdiction where you are resident. Canadian residents are generally responsible for reporting realised gains and losses to the Canada Revenue Agency. We provide CA$-denominated reports to support that filing, but we are not a tax advisor; please consult a qualified professional.
8. Conduct & suitability
Trading is a long-term skill. Emotional decision-making, over-leveraging and chasing losses are the most common causes of capital impairment we see in client accounts. The Talviro Menqari platform provides discretionary tools (risk rails, position limits, cool-off settings) that you can use to enforce discipline on your own behavior — we encourage you to use them.
9. Eligibility
Talviro Menqari accounts are available to individuals 18 years of age or older who are resident in jurisdictions where our services are offered. You must satisfy KYC verification, certify the source of funds and confirm that you understand the risks above before being permitted to trade.
10. Questions
If anything in this disclosure is unclear, do not deposit funds before reaching out. Email [email protected] and a compliance team member will respond within one business day.