In this paper, a new fractional‐order chaotic system and an adaptive synchronization of fractional‐order chaotic system are proposed. Parameters adaption laws are obtained to design adaptive controllers using Lyapunov stability theory of fractional‐order system. Finally, reliability of designed controllers and risk analysis of adaptive synchronization problem are formulated and, risk of using the proposed controllers in presences of external disturbances are demonstrated. Also, risk of controllers are reduced using an optimizing method. Numerical examples are used to verify the performance of the proposed controllers.