Financial Disclaimer

Last updated: July 2026

1. Nature of the service

Ballad Markets is a financial market analysis and information service of exclusively informational and educational nature. It is not authorized or registered as an investment services firm with any financial regulatory authority.

2. No personalized advice

Content published on Ballad Markets does not constitute personalized financial advice, portfolio management, investment recommendation, or investment service within the meaning of applicable regulations including MiFID II (Directive 2014/65/EU).

Analyses, scenarios, levels, and invalidations published represent the technical opinion of the Ballad Markets team at the time of publication and are subject to change without notice.

3. Risk of loss

Investing in financial markets — including equities, indices, currencies, commodities, and derivatives — carries a substantial risk of capital loss, including the possibility of losing the entire invested capital. Past results do not guarantee future results.

4. Sole responsibility of the user

Investment decisions are the sole responsibility of the user. Ballad Markets assumes no liability for losses or damages arising from use of content published on the service. Users must assess their personal financial situation, investment objectives, and risk tolerance before making any decision.

5. Conflicts of interest

The Ballad Markets team may hold proprietary positions (long or short) in assets, instruments, or markets it analyses. This may create a conflict of interest between published opinions and positions held by analysts.

When the team holds significant positions in analysed assets, this will be stated explicitly in the relevant analysis. However, such disclosure does not eliminate the potential conflict.

6. Accuracy of information

Although Ballad Markets makes reasonable efforts to ensure the accuracy of published information, it does not guarantee its accuracy, completeness, or real-time currency. Price data, levels, and calculations may contain errors or delays.

7. No signals or predictions

Ballad Markets does not publish entry or exit signals, does not indicate when to buy or sell any asset, and does not make price predictions. Published scenarios are possibility analyses based on technical methodology and must not be interpreted as forecasts.

8. Regulatory compliance

This disclaimer is published in compliance with applicable regulations on disclosure of information in services related to financial markets, including EU Regulation 596/2014 (MAR) on market abuse and MiFID II where applicable.

9. Contact

For any queries related to this disclaimer, please contact us through the support channel available in the dashboard for subscribers.