The documents, written to be read
Terms that need a lawyer to decode are terms designed not to be read. These are drafted in plain English, with the parts that cost you money set out first rather than buried in clause 34.
Risk disclosure
This notice sets out the principal risks of trading leveraged derivatives. It is not exhaustive, and it cannot describe every circumstance in which you might lose money. If any part of it is unclear, the correct response is to ask the desk rather than to proceed and hope.
Leverage magnifies losses as well as gains
A position opened with 3.33% margin moves thirty times faster against your capital than an unleveraged holding of the same notional value. A 3% adverse move in the underlying can eliminate the entire margin posted. Leverage describes the capital you must post, not the risk you are taking; these are routinely and expensively confused.
Stops are not guarantees unless they say so
An ordinary stop-loss becomes a market order when triggered and fills at the next available price. When a market gaps — over a weekend, around a central bank decision, or on an unscheduled event — that price may be materially worse than your stop level. A guaranteed stop fills at your level regardless, in exchange for a premium charged when it is triggered.
Overnight financing accumulates
Positions held through the 22:00 UTC rollover are charged or credited a swap rate derived from the interest rate differential of the instrument. On a long-held position this cost can exceed the price movement you were trading for. Wednesday rollovers are charged three times to account for weekend value dates.
Markets can become illiquid without notice
Spreads widen and depth thins around scheduled releases, at the daily rollover, and during periods of stress. Orders that fill instantly in normal conditions may slip materially or, in extreme conditions, be unfillable at any price you would accept.
You may be liable for losses beyond your deposit
Retail clients of this concept would be protected by negative balance protection: any residual deficit after forced liquidation is written off rather than pursued. Clients who elect professional classification waive that protection in exchange for higher leverage. That waiver is real and it is the reason professional status should not be treated as a status symbol.
Past performance tells you nothing reliable
No figure on this site, including simulated results, execution statistics and client commentary, is a reliable indicator of future results. All of them are invented for a portfolio concept.
Version 1.0 · effective 1 January
Terms of business
These terms would govern the relationship between the client and Aurelia Capital Markets. The summary below states, in order, the things most likely to cost a client money or surprise them.
Order execution policy
Best execution factors
Price is the primary factor for all retail orders, followed by speed, likelihood of execution and size. Where an instruction specifies a factor, that instruction takes precedence and may prevent us obtaining the best overall result.
Execution venues
Orders are executed against an aggregated book streamed by fourteen liquidity providers. We act as principal to the client trade and hedge the resulting exposure. There is no payment for order flow in any form.
Monitoring & review
Execution quality is reviewed monthly and the policy annually, or sooner if a material change occurs. Statistics are published including the months in which they were poor, because a report that is always good is not a report.
Order handling by type
| Order type | Triggered at | Filled at | Gap protection |
|---|---|---|---|
| Market | Immediately | Best available price | None |
| Limit | Your price or better | Your price or better | Price certain |
| Stop | Your price | Next available price | Slippage possible |
| Stop-limit | Your stop price | Limit price or better | May not fill |
| Guaranteed stop | Your price | Your price exactly | Full, premium charged |
| Trailing stop | Trailed distance | Next available price | Slippage possible |
Client money & custody
Client funds are held in segregated accounts at tier-one custodian banks, entirely separate from the firm's own operating capital. Segregated money is not available to the firm's creditors in an insolvency.
Balances are reconciled daily against internal records, with any break investigated and resolved before the next business day closes. An external audit of client money arrangements would be conducted annually and the opinion published in full.
In the concept's regulatory framing, eligible retail clients would additionally be covered by an investor compensation scheme up to €20,000 per client in the event of firm failure. That cover applies to the failure of the firm, not to trading losses, which are never compensated by any scheme anywhere.
Segregation
Client money never touches the firm's operating account, at any point, for any reason.
Daily reconciliation
Custodian statements are matched to internal ledgers every business day without exception.
Compensation cover
Up to €20,000 per eligible retail client on firm failure — not on trading losses.
Negative balance protection
Retail accounts cannot be taken below zero. Residual deficits are written off, not invoiced.
Complaints procedure
Every complaint is answered by a person who can actually change the outcome, and the clock is published so you can hold us to it.
Raise a complaint by phone, email or through the terminal. You will have written acknowledgement within two business days, including the name of the person handling it and a reference. A substantive response follows within fifteen business days; where an investigation genuinely needs longer, you are told why and given a revised date, which will not exceed thirty-five business days in total.
If the outcome does not satisfy you, the matter can be referred to the relevant financial ombudsman service at no cost to you. Referring a complaint externally does not affect your legal rights, and we will not treat it as a reason to close your account.
Privacy & data
What would be collected
Identity and address details required by anti-money-laundering law; the appropriateness assessment required by conduct rules; trading activity and communications with the desk, which regulation requires be retained; and technical data from your sessions on the platform.
What would never happen
Client data is not sold, rented or shared with advertising networks. There are no third-party trackers on the trading platform. Marketing consent is opt-in and withdrawing it takes one click, not a phone call.
Retention
Regulation requires records of transactions and communications be kept for five years after the relationship ends, and in some jurisdictions seven. Data outside that requirement is deleted on request.
Your rights
Access, rectification, erasure where no legal retention duty applies, portability in a machine-readable format, and objection to processing based on legitimate interest. Requests are answered within one month at no charge.
Regulatory notices
Entities and permissions — all fictional
Concept| Entity | Jurisdiction | Reference | Max retail leverage | Protection |
|---|---|---|---|---|
| Aurelia Capital Markets Ltd | Cyprus | CIF 000/00 | 1:30 | €20,000 ICF |
| Aurelia Capital Markets UK Ltd | United Kingdom | FRN 000000 | 1:30 | £85,000 FSCS |
| Aurelia Capital Markets Pty | Australia | AFSL 000000 | 1:30 | Segregation only |
Concept disclaimer
Aurelia Capital Markets does not exist. It is a fictional company created as a design and engineering portfolio piece, to demonstrate a complete brand system, design system and multi-page product interface in a domain where clarity has real consequences.
It holds no licence in any jurisdiction. It accepts no client money. It executes no orders. Every price, spread, swap rate, execution statistic, regulatory reference, entity name, address, telephone number and client testimonial on this site is invented. The market data is generated in your browser by a random walk and reflects nothing that has ever happened in a real market.
Nothing on this site constitutes financial advice, an inducement to trade, an offer of any service, or a solicitation in any jurisdiction. The legal drafting above is illustrative of how such documents can be written clearly; it is not enforceable, has not been reviewed by a lawyer, and must not be used as a template for a real regulated business.
If you arrived here believing Aurelia to be a real broker: it is not, and any site or person representing it as one is misrepresenting a portfolio project.