VOLTRA TRADING / Risk Warning

Risk Warning

Last updated: 13 April 2026  ·  Voltra Trading ApS, Copenhagen, Denmark

The EUR 199 evaluation fee is non-refundable. You may not pass the evaluation on your first attempt. Simulated past performance does not guarantee future simulated or real-world results. Please read this Risk Warning in full before applying.

1. Simulated Environment

All trading activity on the Voltra Trading platform — including the sandbox, evaluation, and funded account phases — takes place in a simulated environment. No real capital is deployed on any energy exchange on your behalf at any time. Results achieved in the simulated environment may differ materially from results that would be achieved in real market conditions due to factors including but not limited to: market liquidity, slippage, execution latency, counterparty risk, and market impact.

2. The EUR 199 Evaluation Fee

The one-time evaluation fee of EUR 199 is charged when you elect to begin the 28-day evaluation. This fee is strictly non-refundable under all circumstances, including:

  • Failure to meet evaluation criteria.
  • Technical issues with your algorithm or infrastructure.
  • Market conditions that make your strategy unprofitable during the evaluation window.
  • Your decision to withdraw from the evaluation before its conclusion.
  • Account suspension due to rule violations.

The fee covers platform access, real-time data infrastructure, and evaluation system costs for the 28-day period. It is not a deposit, wager, or investment of any kind.

3. No Guarantee of Passing

There is no guarantee that you will pass the evaluation. The evaluation criteria — five objective performance thresholds covering Sharpe ratio, cumulative P&L, orthogonal alpha, filled-day participation, and forecast accuracy, combined with flat EUR drawdown limits during the evaluation window — are set out in the Trader Agreement §1.1 and mirrored in the Terms of Service §5. Many participants do not pass on their first attempt. If you fail, you may return to the free sandbox environment to refine your strategy and attempt again, subject to payment of a new evaluation fee and the 24-hour cooldown.

4. No Guarantee of Ongoing Funded Status

Passing the evaluation and receiving funded status does not guarantee ongoing participation. Your funded account may be suspended or terminated if you breach ongoing risk limits (10% maximum drawdown, 5% daily loss limit), violate platform rules, or if Voltra Trading exercises its right to terminate the programme. There is no guarantee of continued payout eligibility.

5. Payout Risk

Payouts to funded traders are disbursed from Voltra Trading ApS's own operating reserves. They are not generated by real trading activity on any exchange. As a result, payout capacity is subject to Voltra Trading's financial position and operational continuity. While we are committed to honouring all legitimate payout obligations, you should be aware that payouts are not protected by any financial services compensation scheme.

6. Algorithm and Technology Risk

Your algorithm's performance depends on factors entirely within your control, including code quality, signal logic, and connectivity to the Voltra API. Voltra Trading is not responsible for losses in simulated performance caused by bugs in your algorithm, connectivity failures on your side, or misconfigurations of your trading container. You are solely responsible for the technical reliability of your algorithm.

While Voltra Trading maintains robust infrastructure, we cannot guarantee 100% platform uptime. Scheduled and unscheduled maintenance may temporarily affect market data availability or signal processing. In the event of prolonged platform outages during an active evaluation, we will assess impact on a case-by-case basis.

7. Market Data Risk

Voltra Trading operates a proprietary European power market dataset curated from multiple third-party data providers. We are not responsible for inaccuracies, delays, or gaps in underlying third-party market data. Energy markets can be subject to extreme volatility, price spikes, and irregular trading conditions that may disproportionately impact algorithmic strategies designed for normal market conditions.

8. Regulatory Risk

The prop firm evaluation model is a legal and established commercial arrangement operating across multiple asset classes and jurisdictions. However, the regulatory environment for technology-based trading platforms is evolving. Changes in Danish, EU, or international law may affect the way Voltra Trading operates or the services it can offer. We cannot guarantee that the current programme structure will remain unchanged indefinitely.

9. Tax Risk

You are solely responsible for any taxes arising from payouts received from Voltra Trading. Tax treatment of prop firm payouts varies significantly by country. You should seek independent tax advice in your jurisdiction before participating in the funded programme. Voltra Trading does not withhold tax and does not provide tax guidance.

10. No Financial Advice

Nothing on the Voltra Trading platform or website constitutes financial, investment, legal, or tax advice. All content is provided for informational and educational purposes only. You should seek independent professional advice before making any financial decisions.

11. Contact

If you have questions about the risks associated with participating in the Voltra Trading programme, contact us at support@ampiontrading.com.