Risk Disclosure

Version 2026-06-27 · Effective 2026-06-27

Trading securities involves substantial risk and is not appropriate for every investor. This document highlights the most important risks of using Artha. It is not a complete list. You should also read your broker’s own risk disclosures, the prospectus or offering documents for any security you trade, and consult an independent financial advisor before placing or copying any trade.

1. You can lose money

The value of investments goes up and down. You can lose part or all of the money you invest. Past performance is not indicative of future results. A trader who has done well historically may underperform in the future, sometimes severely. Returns shown anywhere on the Service are historical, do not reflect future returns, and do not include the impact of taxes or any fees other than those expressly stated.

2. Artha is not your investment adviser

Artha Labs, Inc. is a technology platform. We are not a registered broker-dealer, investment adviser, or financial planner. We do not give you personalized investment advice. The traders you follow on Artha are not your advisers either — they are individual investors sharing their own trades. Their decisions are not based on your circumstances, risk tolerance, time horizon, tax situation, or financial goals. You are solely responsible for deciding whether any trade is appropriate for you.

3. Pro desk order risk (Pro desk tier)

If you subscribe to a trader at the Pro desk tier:

• Every order requires your approval before it routes to your brokerage. Artha prepares a sized order whenever the trader shares a trade and notifies you. The order does not reach your broker until you tap Approve. Approval windows are time-bounded (currently 15 minutes); unapproved orders expire and are not sent.
• You may be filled at materially different prices than the trader. The trader receives one price the moment they place the trade; you receive whatever the market offers when your approval lands at your broker. Market timing, liquidity, and brokerage routing all affect the price you receive. Volatile or illiquid securities can result in slippage of many percent.
• Orders may fail. Insufficient buying power, broker outages, unsupported instruments, or trading halts can prevent your approved order from being placed or filled. Artha will record the failure but will not retry indefinitely.
• Sizing is proportional but imperfect.Artha sizes your copy trade based on the trader’s position size relative to their account at the moment of the trade. Account balances change in real time; the actual proportion you end up with may differ.
• Notifications can be missed. If your phone is offline, push permissions are disabled, or our email lands in spam, you may not see the approval prompt in time. Approval windows expire — missing a notification means the order is not placed. It is your responsibility to monitor your account.
• The trader can change strategies. A trader you subscribed to because of their conservative blue-chip approach may start trading options or crypto. You are responsible for reviewing each approval prompt and ending your subscription if it no longer suits you.

You can cancel at any time, switch to the Signals (alerts-only) tier, or skip any individual order without canceling. You should also set the per-trade and per-day safety limits in your subscription settings.

4. Approval timing risk

Pro desk orders are not simultaneous with the trader’s fill. Between the moment the trader places their trade and the moment you approve, the market has moved — sometimes by seconds, sometimes by minutes. The trader received one price; you may receive another. The Pro desk reduces but does not eliminate slippage and timing risk.

5. Asset-class specific risks

• Stocks and ETFs: prices fluctuate; companies can go bankrupt; ETF tracking error can compound losses.
• Options: options can expire worthless. Many options strategies have unlimited downside. Options are speculative and not suitable for many investors.
• Crypto: cryptocurrency markets are highly volatile, may trade 24/7, are largely unregulated, and many assets have failed completely. Crypto positions are not protected by SIPC.
• Leverage: if your brokerage account uses margin, your losses can exceed the amount you originally invested.

6. Brokerage and connectivity risk

Artha relies on SnapTrade to communicate with your brokerage. Connections can break (passwords expire, brokers change APIs, accounts get flagged). When a connection is broken, Artha cannot read your trades or place new ones — but trades already placed remain in your account. You are responsible for monitoring your account directly with your broker.

7. Tax consequences

Trades placed through your brokerage have tax consequences. Frequent trading can generate substantial short-term capital gains taxes; wash sales can disallow losses. Artha does not provide tax advice. Consult a qualified tax professional.

8. Trader behavior risk

Traders are human. They can change strategies, take on more risk than you expect, stop trading, or stop sharing trades. Artha verifies the connection between a trader and their brokerage account but does not vet the quality of their decisions. Reviewing a trader’s history before subscribing is your responsibility.

9. No guarantees

Artha does not guarantee that the Service will be available without interruption, that notifications will be delivered, that copy trades will be placed, or that any outcome will be achieved. See Section 12 of the Terms of Service for the complete disclaimer of warranties and limitation of liability.

10. Acknowledgment

By using the Service to place or copy trades, you acknowledge that you have read this Risk Disclosure, that you understand the risks described, and that you accept full responsibility for the trades executed in your brokerage account.