Read before purchasing

Risk disclosure.

Trading carries substantial risk and is not suitable for every investor. By using Orion RFX products or services, you confirm you have read, understood, and accepted the following.

Last updated: June 2026

The short version

  • You can lose more than you invest, especially on leveraged products.
  • Past performance is not indicative of future results. Backtests are estimates.
  • Our tools assist your decision-making — they do not replace your judgement.
  • Only trade with capital you can afford to lose.
01

General risk warning

Trading forex, indices, commodities, cryptocurrencies and other financial instruments carries a high level of risk and may not be suitable for all investors. The high degree of leverage available in some markets can work against you as well as for you.

Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk appetite. It is possible to lose some or all of your initial investment, and in some cases more than your initial deposit.

02

Past performance & backtests

Any historical performance, backtest data, or hypothetical results displayed in our tools (including Nebula walk-forward results, Protocol 7 zone-hit statistics, and any indicator outputs) is not indicative of future results.

Backtests cannot account for all real-world conditions including slippage, requotes, broker spreads during news events, and changes in market regime. Live performance will differ from backtested performance, often significantly.

03

Tool & software disclaimer

Orion RFX provides software tools (including Nebula, Protocol 7, Daily Bias, Order Flow, COT Display, and other indicators) as decision-support utilities. They do not constitute financial advice, signals, or recommendations to enter or exit any trade.

All trading decisions are your own. Tool outputs are best-effort interpretations of market data and may contain errors, omissions, or delays. We do not guarantee uptime, accuracy, or specific results.

04

Educational content & mentorship

The Orion Path, private mentorship, blog posts, YouTube content, and all other educational material we publish is for educational and informational purposes only. None of it constitutes personalised financial advice.

Ross Hayes is not a regulated financial advisor. The strategies, frameworks, and tools taught are based on his experience as an active retail trader and should not be treated as professional financial guidance.

05

Prop firm challenges

Prop firm challenges (FTMO, FundedNext, MyForexFunds, The5%ers, The Funded Trader, and others mentioned on this site) are third-party services. We are not affiliated with them in any official capacity unless explicitly disclosed.

Our Nebula prop-firm rule templates and pass-calculator are guidance only. Always verify rule packs directly with the prop firm before purchasing a challenge.

06

Suitability & eligibility

You should not trade with money you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.

Trading may not be legal in your jurisdiction. It is your responsibility to ensure compliance with local laws and regulations.

07

No guarantee of profitability

Orion RFX makes no representation that any user will achieve profits or losses similar to those discussed in our marketing, content, or educational material. The majority of retail traders lose money. Statistics published by major brokers and regulators consistently show this.

08

Regulatory status

Orion RFX is NOT authorised or regulated by the Financial Conduct Authority (FCA), the Securities and Exchange Commission (SEC), or any other financial regulatory body in any jurisdiction. We do not provide investment advice within the meaning of the Financial Services and Markets Act 2000 or any equivalent legislation.

We sell software tools and educational material only. We do not manage funds, provide brokerage services, offer signals as a managed service, or hold client capital. If you require regulated financial advice, please consult an FCA-authorised independent financial advisor.

09

Company information

Orion RFX is operated as a UK-based business. Registered correspondence address: 58 Barnes Way, Herne Bay, Kent, CT6 6RX, United Kingdom.

For data protection queries, refund requests, or other formal correspondence, please use the contact page or email hello@orionrfx.com. Average response time: within 24 hours, Monday to Friday.

10

Acceptance of this disclosure

By purchasing any Orion RFX product, subscribing to any of our indicators, attending mentorship, or otherwise using our services, you acknowledge that you have read, understood, and accept the terms of this Risk Disclosure in full.

This Risk Disclosure should be read alongside our Terms of Service, Privacy Policy, and Refund Policy. The combined documents constitute the full agreement between you and Orion RFX.

Questions about this disclosure? Reach out via the contact page. Full terms and conditions of sale are available in our terms of service and refund policy.