Disclosures

DISCLOSURES AND DISCLAIMERS

Nurp LLC (“Nurp,” “We,” “Our”) is a financial education and software as a service company that licenses algorithms that offer institutional grade, market-neutral strategies across alternative markets, including forex, gold, and cryptocurrency. 

DISCLAIMER: In view of the risks below, you should only subscribe for Nurp’s products, including its algorithmic trading software, if you understand the nature of the product and the risks involved. You must be aware of the risks and be willing to accept them in order to use the products to invest. You must avoid entering into an agreement to subscribe for Nurp’s products if you do not understand the risks. 

Nurp’s products include software that trades strategies in forex, contracts for differences, commodities, currencies, cryptocurrencies. Trading in contracts for differences, commodities, currencies, and cryptocurrencies involve large potential rewards, but also large potential risks. Do not invest or trade with money you can’t afford to lose. Trading forex, contracts for differences, cryptocurrencies, and other similar financial instruments is not suitable for everyone. You should carefully consider whether you wish to subscribe for Nurp’s services based on whether such trading is appropriate for your experience, financial objectives, and personal circumstances. You should consult an investment advisor, financial professional, attorney, or tax professional regarding your particular financial situation, investing strategies, the risks involved with the products, or specific legal or tax situation before you subscribe to Nurp’s products. 

1. NOT INVESTMENT ADVICE OR COMMODITY TRADING ADVICE

Nurp is not a trading platform, brokerage, or exchange and Nurp does not pool or hold any customer assets. Nurp does not sell a business opportunity, “get rich quick” program or money-making system. We do not guarantee success in our training or through the use of our products. We do not make earnings claims, efforts claims, or claims that our training will make you any money. 

Nurp’s products or services are not intended to provide investment, tax, legal, or insurance advice. Nurp is not a financial advisor, asset manager, or investment advisor. Nurp does not provide commodity trading advice based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of particular clients and Nurp does not direct any customer accounts. All information on this website is for information only, without any recommendation and specific obligation for action. It does not constitute and should not be construed as investment advice. All purchasers of any Nurp products are encouraged to consult with an investment professional regarding any trading strategy, algorithm, or a particular trade. 

To the extent that any of the content published on this website may be deemed to be investment advice or recommendations in connection with a particular security, such information is impersonal and not tailored to your investment needs or to the investment needs of any specific person.

None of the communication(s), content or services provided by Nurp, Nurp’s executive officers, employees, or contractors should be construed as an offer to sell or a solicitation of an offer to buy any security, nor should it be construed as a recommendation to buy or sell any security by Nurp or any third party. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service is appropriate or suitable for you based on your investment objectives, and personal and financial situation. 

2. NO GUARANTEE OF PERFORMANCE

Nurp does not represent that any account will or is likely to achieve profits or losses similar to any model portfolio, scenario, algorithm, strategy, past performance data or any other data provided by Nurp. The past performance of any trading system, algorithm, strategy, or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, graphs or other text or visuals regarding performance, whether discussed or used as an example, are presented by Nurp are for informational and illustrative purposes only and are not to be construed as specific investment advice or recommendations. Information provided by Nurp or contained on our website or platform is intended for informational purposes only. 

PAST PERFORMANCE IS NOT A GUARANTEE OR A RELIABLE INDICATOR OF FUTURE RESULTS. Please note that some of the results we show may be some of our top performing accounts and the results we show are not typical. The exceptional growth numbers achieved by some of our customers depend on various factors, and We do not guarantee any specific amount of growth or success of any of Our products. Depending on the algorithm, Nurp has been collecting hundreds of Myfxbook links from customers running Nurp’s algorithms that are willing and able to provide them since January 2023. It is important to note that any returns presented regarding the performance of Nurp’s algorithms do not account for mid-month capital activity which can affect results materially. Individual customers may have started with varying initial capital investments and used one or more of our algorithms varying amounts of time, which can impact investment performance. 

3. RISK DISCLOSURES

The following is a non-exhaustive list of certain risks that arise in connection with using Nurp products. 

3.1 Risk of loss of capital 

Nurp emphasizes that no information set forth on this website is an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. Your decision to use Nurp’s products is your own. Do not risk any money you cannot afford to lose. Nurp does not take into account your own individual financial and personal circumstances. The content on Nurp’s website/platform is intended for educational purposes only and NOT as individual investment advice. Do not act on this information without advice from your investment professional. Failure to seek detailed professional, personally-tailored advice prior to subscribing to any of Nurp’s products could result in actions contrary to your best interests and loss of capital.

3.2. Artificial Intelligence and Machine  Learning Risks

Some of our trading algorithms use artificial intelligence (“AI”), including machine learning (“ML”), to execute trades. Algorithms that use AI are trained by analyzing large amounts of data, extracting and assessing patterns, and forecasting price movements. Past performance is not indicative of future results and use of AI in algorithmic trading may result in the entire loss of the balance in your trading account. You acknowledge and accept that using AI/ML trading algorithms to execute trades in your trading account may result in a number of limitations and risks as follows:

Limitations to Data

As AI/ML trading algorithms depend on historical data, the datasets used to train the AI/ML trading algorithms may present limitations, such as being incomplete, biased, or unrepresentative of future conditions. Using AI may also result in erroneous trades resulting from issues with quality of the data, including but not limited to, inaccurate, missing, or corrupted input data, and may lead to the entire loss of the balance of your trading account.

Hallucinations (i.e., false correlations)

Using AI/ML trading algorithms in trading may result in hallucinations, which are false correlations between datasets or the presentation/use of false, misleading or incorrect information as fact. Customers must note that traditional backtesting is less applicable to AI/ML trading algorithms due to the dynamic and adaptive nature of AI/ML, and historical results may not always be relied upon when training the AI/ML. 

Technological and Operational Risks

All forms of technology are faced to a degree with operational risk. AI/ML trading algorithms are therefore susceptible to such operational risk, such as technological failures, connectivity issues, or coding errors as described in the section 3.4 below “Software Risk,” where such risks may disrupt trading and may result in the entire loss of the balance in your trading account. 

Market Risks and Geopolitical Risks

Although AI/ML is designed to be adaptable to shifting changes in the market, AI/ML trading algorithms may not adapt quickly enough to all shifts in, or to all types of, changes in economic policy and geopolitical matters when trading, and may fail to avoid losses or to make a profit. 

Model Degradation

Although Nurp performs ongoing monitoring and periodically retrains the AI/ML, regardless of Nurp’s efforts, performance of the AI/ML trading algorithms may actually degrade over time and result in a loss to the balance of your trading account.

3.3. Foreign Exchange Risk 

Nurp’s products involve trading of foreign exchange (“forex”). Trading forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in forex, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you could sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading and seek advice from an independent financial advisor if you have any doubts.

The purchase, sale or advice regarding forex can only be performed by persons registered with (unless exempt from registration) (i) the CFTC (futures commission merchants, introducing brokers, commodity trading advisors, commodity pool operators, retail foreign exchange dealers, and licensed associated persons of such entities), and/or (ii) the SEC (broker-dealers and/or investment advisers and their licensed associated persons), and (iii) a state regulator (each, an “Intermediary”). 

Neither we, nor our affiliates or associated persons involved in the production and maintenance of our products and services or this website, is an Intermediary. We make no representation that you will or are likely to achieve profits or losses similar to those discussed on Nurp’s website. The past performance of any trading system or methodology is not necessarily indicative of future results.  

3.4. Software Risk 

Use of Nurp’s products may result in a loss, including but not limited to, inability to use the license, loss of principal on the trading account, loss of business and goodwill, pecuniary loss, and other losses related to or arising from technology, such as failures in technology, failure to timely execute a trade, failure to correctly copy a trade, loss, interruption or delay or recovery of data, breach of data, lost, interrupted or unavailable network, server, website or other connections, software malfunction, errors, flaws, defects, bugs, and viruses. You accept the software “as is” and shall hold harmless Nurp, its officers, employees, principals, directors and its affiliated companies from any loss or damage resulting or arising from the use of the software. Nurp makes no warranty with regards to the software, whether expressed or implied. 

3.5. Market Risk 

Market risk is the potential for financial loss due to fluctuations in market prices driven by various factors including, but not limited to, interest rates, currency fluctuations, commodities, and geopolitical matters. Market risk may impact our products and may in turn impact the performance of your investment, and you may lose any or all of your balance in your trading account. You should consult an investment advisor, financial professional, attorney, or tax professional regarding your particular financial situation to understand how market risk may affect you before subscribing to Nurp’s products. 

3.6. Cryptocurrency Risk 

Investing in cryptocurrency involves a significant amount of risk and is a high risk investment. The value of cryptocurrencies and digital assets is very volatile, often fluctuating by huge amounts within a short period of time. You may lose any or all of your balance in your trading account due to investing in cryptocurrency and digital assets. 

It is crucial to understand and acknowledge that the risks that arise from investing in cryptocurrencies or digital assets include but are not limited to, high volatility in prices, regulatory uncertainty, lack of consumer protection, and vulnerability to hacking. 

3.7. Third Party/Counterparty Risk 

Using and licensing Nurp’s products involves our customers’ use of different services of various third parties unrelated or unaffiliated with Nurp, including but not limited to brokers, liquidity providers, software providers, software engineers, clearing agents, and IT service providers (“Third Parties”). Your use of the Third Parties’ services are unrelated to Nurp and its products. The acts and omissions of third parties or failures of the Third Parties may be wholly or partially unrelated to Nurp and its products and outside of Nurp and its affiliates’ control. You acknowledge and accept that the acts and omissions of such Third Parties and their service providers and vendors may result in loss or damage towards you, including, but not limited to, loss of part or your entire investment in your brokerage account, failure to execute trades in a timely manner resulting in a loss or failure to execute trades in your trading account resulting in a lost opportunity, mismanagement of your funds, bankruptcy, cybersecurity acts or threats, and the broker’s failure to provide negative balance protection. You hereby acknowledge and accept that Nurp, its affiliates, officers, principals, directors, employees, and consultants shall not be liable for any acts or omissions of any Third Parties (and their vendors and service providers) that may result in a loss or damages to you or any person affiliated with you. 

4. HYPOTHETICAL RESULTS

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 ON THE WEBSITE. 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.

5. TESTIMONIALS

In accordance with guidelines established by the Federal Trade Commission (“FTC”) concerning the use of endorsements and testimonials in advertising, please be aware of the following: Testimonials appearing on this website are received in various forms via a variety of submission methods. The testimonials reflect the real-life experiences of individuals who used products offered by Nurp. However, individual results may vary. We do not claim, and You should not assume, that any individual experience recounted is typical or representative of what any other customer might experience. Testimonials are not necessarily representative of what anyone else using Nurp’s products may experience. The testimonials displayed are given verbatim except for grammatical or typing error corrections. Some testimonials may have been edited for clarity or shortened in cases where the original testimonial included extraneous information of no relevance to the public. Nurp is not responsible for the opinions or comments posted on this content and does not necessarily share the opinions, views, or commentary of postings on this content. All opinions expressed are strictly the views of the speaker. All testimonials are reviewed for authenticity before they are posted for public viewing.