Common use of Description of Copy Trading Clause in Contracts

Description of Copy Trading. 3.1. The Company provides automation of Copy Trading according to current Copy Settings by use of Trading Platform; calculation and payment of Commission; update on the state of Traders’ accounts in Traders’ Rating. 3.2. The Company reserves the right to deny the Client the Copy Trading service and/or display of his/her account in Traders’ Rating with no reason given. 3.3. The Client's acceptance of the terms of the Agreement does not form contractual relationships between the Copy Trader and Trader and therefore does not result in concluding an agreement between them. 3.4. The Trader has a right to use any trading strategy complying with this Agreement. 3.5. The Trader conducts trades by use of his/her own funds and does not provide asset investment services or advice to Clients. 3.6. The Copy Trader has a right to set the parameters of Copy settings independently, including the possibility to change the Percent of the Volume, which allows him/her to equate trading risks in the Copy Trader's account with the risks in the Trader's account, or cut them down to an acceptable level. 3.7. The Trader has a right to set his/her Profit Share in a 0% – 100% range and change it at any time. At the same time, the new value of Profit Share will not apply to the existing trading accounts of Copy Traders. 3.8. Allowing his/her account to be shown in Traders’ Rating, the Client confirms his/her consent to Copying trades from this account.

Appears in 24 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!