Investor Risk Disclosure

Practice Mode uses practice dollars. Its orders, cash, gains, losses and holdings are simulations with no cash value. You cannot withdraw them, and using Practice Mode does not create ownership of a security.

Real or recent market prices can make a simulation feel realistic, but fills, timing and results can differ materially from a live market.

If Token Africa later launches an authorised live service, stocks and ETFs can fall in value and you could lose some or all of the money invested. Returns are never guaranteed, and past performance does not predict future results.

Prices can move quickly because of company results, interest rates, economic conditions, political events, disasters, trading interruptions and investor sentiment. A diversified ETF can also decline and does not eliminate loss.

US securities are priced in US dollars. A future member funding in Liberian dollars would face exchange-rate movement, conversion spreads, fees and timing differences. Currency changes may reduce a gain or deepen a loss when measured in Liberian dollars.

Some securities may be difficult to sell at an expected price. Trading may be halted or unavailable. Fractional shares may have different transfer, voting, dividend or order-handling limitations from whole shares, depending on the future clearing partner.

A market order does not guarantee a price. A limit order does not guarantee execution. Prices can change between review, submission and execution; markets can close; and orders may be rejected, delayed, partially filled or cancelled.

Quotes, charts, news, AI summaries and educational content may be delayed, unavailable, incomplete or inaccurate. Do not rely on a single source when making a financial decision. Nothing on Token Africa is personalised investment advice.

Internet, mobile network, device, provider or platform failures can interrupt access. Cyber incidents, fraud and account compromise are possible despite safeguards. Protect your credentials and report suspicious activity immediately.

Token Africa is not currently authorised by the Central Bank of Liberia to accept client funds or provide live investment services. Its application is under active consideration. Rules, partner arrangements and availability may change, and a live launch is not guaranteed.

The intended live model uses a United States registered clearing and custody partner, subject to agreement. No clearing agreement is currently in place. Any future protection would depend on the final structure and applicable rules. SIPC protection, if applicable, covers a broker-dealer’s failure within limits; it does not cover market losses.

Investing may create tax, reporting or legal obligations in Liberia, the United States or another country connected to you. Withholding may apply to dividends. Tax treatment varies, can change and should be discussed with a qualified adviser.

Only invest money you can afford to keep invested and potentially lose. Consider your goals, time horizon, emergency needs and financial position. If you are unsure, seek independent financial, legal or tax advice.