Risk disclosure

Sumit Kapoor, an individual trading as Wise Advice Trades (“Wise Advice Trades”, “we”) · wiseadvicetrades.com · Last updated 23 October 2026

Please read this page before you copy any bot. It says plainly what we offer, what it costs, what our test results mean, and what can go wrong. By copying a bot you confirm that you have read it and accept it.

1. What we offer

Wise Advice Trades publishes trading bots and lets you copy them onto your own account at a crypto exchange, or follow our gold bot through copy trading at a MetaTrader 5 broker. The money stays in your own account at all times. We can place trades there once you allow it; we can never withdraw, and we never hold your funds.

The service is run by an individual, Sumit Kapoor, known online as the YouTube creator “WiseAdvice”. It is not a bank, a broker, a fund or an investment adviser, and it is not licensed or regulated by any financial authority. Everything on this site is the published work of a trader, not regulated advice.

2. What it costs

The crypto bots are free. There is no platform fee, no subscription and no share of your profit for copying them on a crypto exchange.

The gold bot, and the silver bot to follow, may carry a small performance fee. That fee is taken only from profit the bot actually makes on your account. If the bot makes no profit in a period, you pay nothing for that period. The exact rate, and how and when it is taken, is shown to you before you start copying and will not change without notice. Apart from that, we earn nothing from your trading.

3. What our results are

Every result on this site is either a backtest or a live record, and each page says which.

• Backtests replay a bot's rules on past prices with estimated fees. We have tested each strategy over a long stretch before running it: Wise Advice All-In over three years, the Pump bot over two years on each exchange it runs on, the Bitcoin Spot Grid from 2021, and the gold bot over about nine years. A backtest is a simulation. It cannot fully model delays, slippage, outages, funding costs, or coins and markets that no longer exist, and it tends to look better than live trading.
• Live records show what a bot has actually done since it went live, as its copiers got it. We now run our own money on these strategies. A live record a few weeks old is a check that a bot does what the test says; it is not a long enough record to judge a bot by.

Past performance, simulated or live, does not predict future results. A strategy that made money for years can lose money for months, and a losing run can come first, before any profit.

4. You can lose money

Trading crypto, gold and silver is high risk. There will be losing trades, losing weeks and losing months. Most of the crypto bots trade futures with leverage, where a position is larger than the money put up for it, so a single trade can lose more than its margin and, in a fast market, an account can lose more than it holds. The gold bot trades a leveraged contract at a broker, with the same possibility. Each bot places a stop on every trade to limit a normal loss; a stop is an order, not a guarantee, and in a gap or an outage it can fill far from its level or not at all.

Other things can go wrong that no backtest shows: an exchange or broker can be down, reject orders, change its rules or delist a coin; our own systems can fail or fall behind; a signal can be missed, doubled or filled at a worse price. We work to prevent these and fix them when they happen, but we cannot rule them out.

5. Your money, your decision

Only you decide whether to copy a bot and how much to give it. We do not tell you how much to invest, and we do not suggest any amount. Give a bot only what you can afford to lose entirely without it changing your life, and only a share of your savings that is right for you. Nothing on this site is personal advice, a recommendation, or an offer to manage your money, and we have not assessed whether any bot suits you.

You can pause or stop a bot at any time from your account. Stopping a bot does not close the trades it already opened; those stay yours to manage on the exchange or broker.

6. No guarantee and no liability

We do not guarantee any profit, any return, or any protection from loss, and we are not responsible for the results of trades placed on your account by a bot you chose to copy. To the fullest extent the law allows, we accept no liability for any trading loss, missed profit, or other loss arising from the use of the bots, the site, or the results published on it, whether caused by market movements, the behaviour of an exchange or broker, an error in our software, or anything else. Where the law does not allow this exclusion, our liability is limited to the fees you paid us in the twelve months before the claim.

7. Your responsibilities

• You are an adult and the account you connect is your own.
• Trading these products is legal where you live, and you have checked that yourself.
• You keep your exchange, broker and site logins safe, and you tell us at once if a key or password leaks.
• Any tax on your trading results is yours to declare and pay.
• You have read this page and the Terms of Service and accept both.

8. Changes and contact

We may update this page as the service changes; the date at the top tells you when. Questions go to support@wiseadvicetrades.com.