Risk Disclosure

Important risk warning

Trading, investing, and participating in financial markets involve substantial risk. The value of financial instruments may rise or fall, and you may lose some or all of the money committed.

Leveraged products can produce losses quickly. Depending on the product, contractual terms, and applicable law, losses may exceed the amount initially deposited or allocated as margin.

You should not trade or invest money that you cannot afford to lose.

This Risk Disclosure provides a general explanation of important risks. It does not describe every possible risk. Additional product-specific disclosures may apply and will form part of the relevant account agreement, investment document, liquidity agreement, platform agreement, or other service contract.

1. No financial, investment, legal, or tax advice

Information published by Roca VC Limited is provided for general information purposes unless expressly stated otherwise in a separate written agreement. Nothing on the Roca VC website, client portal, trading platform, communication channel, report, market update, or promotional material should be treated as:

• Personal investment advice;
• A recommendation to buy, sell, hold, or trade a financial instrument;
• Legal, accounting, or tax advice;
• A guarantee that a particular strategy will be suitable or profitable; or
• A promise that an investment objective will be achieved.

You are responsible for evaluating whether a product or service is appropriate for your financial circumstances, experience, objectives, risk tolerance, and legal position. Independent professional advice should be obtained where necessary.

2. Market risk

Financial markets may move rapidly and unpredictably. Prices may be affected by economic data, interest-rate changes, political events, regulatory action, market sentiment, geopolitical developments, natural disasters, technology failures, market concentration, liquidity conditions, and events outside the control of Roca VC Limited.

A position that is profitable at one moment may become loss-making within seconds. Stop-loss orders, automated controls, or risk limits may reduce risk but cannot guarantee that a position will close at the requested price.

3. Leverage and margin risk

Leverage allows a participant to obtain exposure greater than the amount initially committed. Although leverage may increase potential gains, it also increases potential losses. Small market movements can therefore have a significant effect on an account. Where margin is used:

• Additional margin may be requested at short notice;
• Positions may be reduced or closed automatically;
• Liquidation may occur without prior notice;
• A position may close at a worse price than expected;
• Available margin may change as market conditions change; and
• Losses may occur faster than funds can be added to the account.

You are responsible for monitoring your positions, available margin, and account exposure.

4. Foreign exchange and CFD risk

Foreign exchange and contracts for difference are complex financial products. They may involve leverage, over-the-counter execution, variable spreads, financing charges, rollover costs, rapid price changes, and counterparty exposure.

You do not necessarily own the underlying asset when trading a derivative. Your rights are determined by the relevant product terms and your agreement with the contracting service provider. CFDs and similar leveraged instruments may not be suitable for inexperienced participants.

5. Liquidity risk

Liquidity may vary by instrument, trading venue, time of day, market condition, and position size. During periods of reduced liquidity, you may experience:

• Wider spreads;
• Partial execution;
• Rejected orders;
• Delayed execution;
• Price gaps;
• Increased slippage;
• Reduced market depth; or
• An inability to enter or exit a position at the desired price.

Institutional liquidity and execution arrangements may also depend on external venues, liquidity providers, bridges, aggregators, prime brokers, custodians, banking partners, and technology providers. Roca VC Limited does not guarantee continuous liquidity or execution at any particular price.

6. Execution and slippage risk

The price shown on a platform may not be the price at which an order is executed. Market orders are generally executed at the best available price under the applicable execution arrangement, but that price may differ from the displayed price. Limit, stop, take-profit, and stop-loss orders are not guaranteed to execute at the requested level. Execution may be affected by:

• Market volatility;
• Internet latency;
• Order size;
• Available market depth;
• Price changes between order submission and execution;
• Trading interruptions;
• External venue availability;
• Platform configuration; and
• Risk-management controls.

Positive or negative slippage may occur.

7. Counterparty and credit risk

Certain products or services may be provided on an over-the-counter basis rather than through a central exchange. This may expose you to the financial condition, operational capability, and contractual performance of the relevant counterparty.

If a bank, broker, custodian, exchange, liquidity provider, payment provider, technology provider, or other counterparty becomes insolvent or fails to perform, your ability to recover funds or assets may be affected. Do not assume that the Financial Services Compensation Scheme, Financial Ombudsman Service, or any equivalent arrangement applies unless this is expressly confirmed in writing.

8. Digital asset risk

Digital assets can be highly volatile, speculative, and operationally complex. Risks include:

• Complete loss of value;
• Rapid and extreme price movements;
• Regulatory restrictions;
• Forks or protocol changes;
• Cyberattacks;
• Exchange or custodian failure;
• Private-key loss or wallet compromise;
• Incorrect wallet addresses;
• Network congestion and delayed confirmations;
• Smart-contract vulnerabilities;
• Stablecoin de-pegging;
• Irreversible transfers; and
• Limited legal or compensation protections.

Digital asset transfers are generally irreversible. Roca VC Limited may not be able to recover funds sent to an incorrect address, unsupported network, incompatible wallet, or unauthorised recipient.

9. Funding and withdrawal risk

Deposits and withdrawals may be subject to identity and ownership verification, anti-money-laundering checks, source-of-funds reviews, banking or payment-provider processing, blockchain confirmations, withdrawal limits, fees, currency conversion, account restrictions, fraud-prevention reviews, and legal or regulatory holds.

Processing times are estimates and are not guaranteed. Roca VC Limited may delay, reject, return, or investigate a payment where required for security, compliance, fraud prevention, sanctions screening, or legal reasons.

10. Technology and cybersecurity risk

Online financial services depend on software, telecommunications, data centres, internet providers, devices, market-data feeds, APIs, cloud services, and external infrastructure. Services may be interrupted by network outages, maintenance, hardware or software failure, data-feed errors, cyberattacks, malware, account compromise, power failure, third-party service failure, or events outside reasonable control.

You are responsible for protecting your login credentials, devices, authentication methods, API keys, and account access. Roca VC Limited does not guarantee that its website, platform, portal, or connected services will always be uninterrupted or error-free.

11. Algorithmic, automated, and copy-trading risk

Automated strategies, expert advisers, trading algorithms, signal services, and copy-trading arrangements can create significant losses. Historical results may not reflect future performance. A strategy may fail because of changing market conditions, software defects, incorrect parameters, excessive leverage, connectivity issues, data errors, or unexpected execution behaviour.

Copying another participant does not guarantee similar performance. You remain responsible for monitoring and controlling automated activity on your account.

12. Investment opportunity risk

Any investment opportunity made available through Roca VC Limited may involve significant commercial, financial, liquidity, legal, operational, valuation, and counterparty risk. Private, alternative, early-stage, structured, or non-listed investments may be difficult to value and difficult to sell.

Capital may be committed for an extended period, distributions may be delayed, and there may be no active secondary market. Forecasts, targets, projections, valuations, and estimated returns are not guarantees. Opportunities may be available only to eligible, professional, sophisticated, accredited, institutional, or otherwise qualified participants.

13. Past performance

Past performance is not a reliable indicator of future results. Back-tested, hypothetical, simulated, modelled, or projected performance has limitations and may not reflect actual market conditions, liquidity, execution, fees, or investor behaviour. Testimonials, examples, and case studies should not be interpreted as a promise that similar results will be achieved.

14. Currency risk

Where an account, investment, asset, or liability is denominated in a currency different from your base currency, exchange-rate movements may increase or reduce your return. Currency-conversion fees and spreads may also apply.

15. Tax risk

Tax treatment depends on your personal circumstances, residence, nationality, business structure, and applicable laws, and tax rules may change. Roca VC Limited does not accept responsibility for your tax obligations. You should obtain independent tax advice.

16. Legal and regulatory risk

Financial, investment, digital-asset, and trading laws differ between jurisdictions and may change without notice. A product available in one country may be unavailable or restricted in another. Regulatory changes may affect product availability, leverage, marketing, onboarding, withdrawals, payment methods, reporting, taxation, asset custody, or the ability to continue providing a service. You are responsible for ensuring that your use of the services is lawful in your jurisdiction.

17. Conflicts of interest

Conflicts may arise between Roca VC Limited, its service providers, counterparties, partners, affiliates, employees, and clients. Where applicable, conflicts will be identified, managed, disclosed, or avoided in accordance with internal policies and legal obligations. The existence of a conflict does not necessarily mean that a client will suffer a loss.

18. Force majeure and extraordinary events

Roca VC Limited may be unable to perform an obligation because of an event outside its reasonable control, such as war, terrorism, civil unrest, government action, sanctions, natural disaster, pandemic, market closure, banking interruption, cyberattack, telecommunications failure, or the failure of an external service provider. These events may result in service interruption, delayed payments, changed trading conditions, or position closures.

19. Your responsibility

Before using any Roca VC service, you should:

• Read all relevant legal documents;
• Understand the product and its risks;
• Consider whether you can bear a complete loss;
• Use appropriate risk controls;
• Protect your account credentials;
• Maintain accurate contact information;
• Monitor open positions and obligations; and
• Seek independent advice when required.

By accessing or using a service, you acknowledge that financial markets involve risk and that Roca VC Limited does not guarantee profits, returns, liquidity, execution quality, withdrawal speed, or protection from loss.

Contact

Questions about this Risk Disclosure may be sent to:

Roca VC Limited Registered office: England, United Kingdom Company number: pending confirmation Legal email: legal@rocavc.com Compliance email: compliance@rocavc.com Telephone (UK): +44 7474 625779