Risk Exposure runs honest correlation math on your live book in real time. Long EURUSD + long GBPUSD + short USDJPY isn't three trades. It's roughly 2.3 trades of pure dollar-short. We show you the truth, with live exposure-per-currency bars, a correlation heatmap, and effective-trade-count math that no retail platform exposes.
Five open positions feels diversified. Long EURUSD, long GBPUSD, long AUDUSD, long XAUUSD, short USDJPY. Five different trades, right? No. That's one dollar-short bet expressed five times. The first time the dollar strengthens, all five move against you simultaneously. Most platforms hide this from you.
Correlation in calm markets is irrelevant. Correlation in crisis is the only thing that matters.
Risk Exposure runs the math that prop firms run on their funded traders, that hedge funds run on their books, and that retail platforms refuse to surface. Because it would scare their users. Pre-trade warnings show you correlation impact before you click buy. Live exposure dashboards show you what you're actually holding, broken down by currency, asset class, and risk factor. Three correlation modes (calm, trending, crisis) show you what your book looks like when markets break.
Rolling 30-, 90-, and 365-day correlations across every position you hold. Heat-mapped. Updated as you trade. Click any pair to see the time series and rolling change.
Decomposes every position into its underlying currency exposure. Long EURUSD = short USD + long EUR. See your true currency book at a glance.
If your 5 positions are 0.8 correlated to each other, you really have ~1.5 trades on. We compute this in real time and show you when "diversification" is a fiction.
Calm markets (low vol), trending (medium vol), crisis (high vol). Correlations change wildly across regimes. We show you what your book looks like in each.
Before you click buy, see what the new position would do to your overall exposure, correlation, and effective trade count. Refuse trades that just increase concentration.
Total open risk as a percentage of account, with a visual ring that goes from green to amber to red. Hard caps can be set; soft warnings are always on.
These are real failure modes we've seen across thousands of accounts. Each one looks fine on a typical platform. Each one is flagged immediately by Risk Exposure.
You went long EURUSD, GBPUSD, and AUDUSD because they each look bullish. The platform shows three positions. Risk Exposure shows one position: long anti-dollar, sized 3× larger than you intended.
Long SPX, long BTC, long XAUUSD, short USDJPY. In calm markets, these are four diversified bets. In a risk-off event, they all move together. Fast, hard, in the same direction.
You're long EURUSD. You add long EURGBP because "different setup." But EURGBP = EURUSD × USDGBP. Your EUR exposure just doubled, and your USD short shrunk.
Each individual position uses 0.5% of account risk. You took 6 of them. Each one was fine. Your total open risk is now 3%, three times your stated daily max, and you don't notice until it goes wrong.
Every position you open, close, or modify flows into the risk engine within 100ms. Correlation matrices and exposure breakdowns recalculate on each change. You see consequences in real time.
Calm, trending, and crisis. Each uses a different historical window for correlation. We show you your book in all three so you understand what happens when markets shift.
Pre-trade impact appears in the order ticket. Soft alerts when you cross thresholds. Hard locks if you've configured them. The math runs whether you look at it or not.
Risk Exposure shows what you have. VaR Analysis tells you the dollar amount that could realistically be lost in a normal day or a stress day. The two combine into a complete risk picture.
See VaR Analysis →Take your current book, apply a historical crisis, see the P&L impact. Risk Exposure shows you the positions; Scenario Testing tells you what they do under stress.
See Scenario Testing →Backtests that ignore correlation are useless for portfolios. Strategy Lab uses Risk Exposure's correlation math during backtests so your reported drawdowns are realistic.
See Strategy Lab →Risk Exposure pays for itself the first time it stops you from doubling down on a hidden correlation. Most users see that in week one.
Live correlation matrix. Net exposure by currency. Effective trade count. Three correlation modes. Pre-trade impact. Account heat ring. Integrated with the entire Arizet ecosystem.
14 days free. No card. Full app from day one.