Social Trading. 16.1 The Company also offers the form of investing through “Social Trading” which allows clients (hereinafter the “Subscribers”) to observe the trading behaviour of other traders (hereinafter the “Providers”) after they subscribe under a specific Provider of trading. A client may choose to register under xxx.xxxxxxxxx.xxx, provide all the dedicated and valid KYC Documents, be approved by the Company and then deposit an amount which may be traded by his/her Provider of trading of his/her choice. The Client shall subscribe under the Provider trader in case he/she wish to participate in Social Trading and follow a specific trader.
16.2 However, in case of trading on behalf of the Subscriber the Company does not bear any responsibility, since the Subscriber Client participates in his/her own initiative to social trading. The Subscriber Client understands that our products are traded on margin and carry a high level of risk and it is possible to lose all his/her capital. These products may not be suitable for everyone and he/she should ensure that he/she understands the risks involved in trading and/or in social trading. Please read fully and carefully Clause 2 of this Client Agreement under the Title “Risk Disclosure and Acknowledgment”, before you subscribe under any Provider Trader.
Social Trading. 22.1. The Company also provides the investment tool of “Social Trading” which enables clients, hereinafter referred to as “Followers” to observe the trading behaviour of other traders, hereinafter referred as “Providers”.
22.2. When a Follower Client engages in trading under the Provider's guidance, the Company does not assume any responsibility. The Follower Client engages in social trading entirely on their own initiative and bear full responsibility on their trading results. It is crucial for the Subscriber Client to grasp that our products involve margin trading and carry a high level of risk, which may lead to a complete loss of their capital. Not all individuals may find these products suitable, and they should ensure a comprehensive understanding of the risks inherent in both trading and social trading.
22.3. Social Trading might involve fees as per the Fees and Charges applied by the Company. The Client hereby grants the Company the right to deduct such fees from the Client’s account for as long as the Client continues to utilize the Social Trading.
Social Trading. 18.1. The Company also offers the form of investing through “Social Trading” which allows clients (hereinafter the “Subscribers”) to observe the trading behaviour of other traders (hereinafter the “Providers”) after they subscribe under a specific Provider of trading. A client may choose to register under xxx.xxxxxxxxx.xxx / xxxxx://xxx.xxxxxx.xxx provide all the dedicated and valid KYC Documents, be approved by the Company and then deposit an amount which may be traded by his/her Provider of trading of his/her choice. The Client shall subscribe under the Provider trader in case he/she wish to participate in Social Trading and follow a specific trader.
18.2. However, in case of trading on behalf of the Subscriber the Company does not bear any responsibility, since the Subscriber Client participates in his/her own initiative to social trading. The Subscriber Client understands that our products are traded on margin and carry a high level of risk and it is possible to lose all his/her capital. These products may not be suitable for everyone and he/she should ensure that he/she understands the risks involved in trading and/or in social trading. Please read fully and carefully Clause 2 of this Client Agreement under the Title “Risk Disclosure and Acknowledgment”, before you subscribe under any Provider Trader.
Social Trading. 20.1. The performance of social trading accounts, strategy providers, or copy trading service providers is not guaranteed by the Company. All strategy providers or copy trading service providers will be referred to as strategy providers.
20.2. Details or data related to a Strategy are not considered confidential or personal information within the context of social trading or copy trading systems.
20.3. The Company can close, pause, suspend, or terminate the copying of any account(s) belonging to a Strategy Provider, as well as the Strategy and/or Order of either the Investor or Strategy Provider, at any time, with or without prior notice.
20.4. The performance statistics presented for Strategy Providers and/or Strategies are derived from historical data and the Company cannot assure any profits for the Investor. It is crucial to acknowledge that previous performance is not a dependable predictor of future outcomes. Hence, it is advisable for the Investor to thoroughly examine the actual history and/or performance of a Strategy before making a choice.
20.5. The Strategy Provider recognizes that the Company is authorized to utilize, reveal, and handle information about the Strategy Provider's Strategy within the Company's associated firms, as well as with external firms and consultants.
20.6. The Strategy Provider and the Investor acknowledge and agree that their activities may be limited depending on where they are located geographically.
20.7. The Investor recognizes and agrees that they possess the invested funds and are not allowed to utilize funds from any other external source.
Social Trading. 22.1. The Company also provides the investment tool of “Social Trading” which enables clients, hereinafter referred to as “Followers” to observe the trading behaviour of other traders, hereinafter referred as “Providers”.
22.2. When a Follower Client engages in trading under the Provider's guidance, the Company does not assume any responsibility. The Follower Client engages in social trading entirely on their own initiative and bear full responsibility on their trading results. It is crucial for the Subscriber Client to grasp that our products involve margin trading and carry a high level of risk, which may lead to a complete loss of their capital. Not all individuals may find these products suitable, and they should ensure a comprehensive understanding of the risks inherent in both trading and social trading.
Social Trading. 5.1 At the request of the Client, the company shall activate “social trading” service in the Client’s account, as provided by a third party (herein after: “Sirix” or the “System”).
5.2 Sirix allows the Client to observe and activate in his account transactions according to actual transactions conducted by other Client of the Company and third parties (the “Traders”). Choosing the Trader is done exclusively by the Client, as well as the commencement and termination of following the Trade’s account.
5.3 There are two options to copy the Trader’s transactions: (1) by a fixed volume, regardless of the volume of the original transaction; Or- (2) by allocating an amount available for copying, unrelated to the Trade’s transaction, and the ratio between the Trader’s transaction and the transaction executed in the Client’s account shall by determined according to the ratio between the amount allocated to the Client’s transaction and the volume of the Trade’s transaction.
5.4 The Client has, at any time, the option to independently close any transaction, or alternatively, through the trading room.
5.5 Trader’s Rating or past performance or any other information published in connection with the Trader, shall not be considered as advice, promise or guarantee of future success. The Company may direct or present to the Client specific Traders, without the aforementioned being considered as a recommendation to follow any specific Trader and/or for making use of the System. The Company is not engaged in any arrangement with any of the Traders within the system.
5.6 Trading based solely on copying other Traders is not recommended.
5.7 The Company does not guarantee that all of the Trader’s trading orders shall always be correctly copied and/or executed in the Client’s account, including orders to open or close a transaction. Therefore, the client should carefully monitor the open transactions in his Account.
5.8 The Client is full responsible to perform ongoing monitoring over his Account and the risk level to which the Account is exposed. The Company does not supervise over the performance of the service and/or Traders, trading methods being taken, trading volume, suspension of trading by the Trader etc., and is not obligated to alert the Client of any risk; The full responsibility for the Transactions in the Client’s account is on the Client, and the Client hereby waives, in advance, any claims regarding the results and/or the scope of activity in his Account with respec...
Social Trading. Taking part in Social Trading includes copying the deals of other traders automatically with the Client’s consent. With Social Trading, the entire responsibility for the results of transactions is solely the Client’s.
Social Trading. Taking part in Social Trading includes copying the deals of other traders automatically with the Client’s consent. With Social Trading, the entire responsibility for the results of transactions is solely the Client’s. Pricing Policy
8.1 The Company may set prices on assets in the following cases:
a) The Client transaction closes automatically. It is the Client’s responsibility to decide whether or not he/she wishes to deal at the price quoted by the Company.
8.2 Each price shall be effective and may be used in a dealing instruction prior to its expiration time. A price may not be used in a dealing instruction after the expiration time. The Company is not required to notify the Client before price expiration time.
8.3 The Client acknowledges that the prices quoted by the Company may differ from the prices provided by other companies to their clients. Prices that are provided by other companies and other third parties are not considered by the Company and do not affect the trading activities of Clients.
8.4 The Company reserves the right to cease providing prices for trading instruments and settlement dates at any moment without having to give prior notice to the Client. When the Company quotes a price, market conditions may change before the time the Client’s order is executed. Such movements may be either in the Client’s favor or against it. Refusal to execute client order The Company reserves the right, at any time and without giving any notice, to refuse the execution of any order, in any of the following cases:
a) If the Company has reason to suspect that the execution of an order is part of an attempt to manipulate the market, trading on inside information, or relates to money laundering activities.
b) If a trade can potentially affect the reliability or efficiency of the operation of the trading platform.
c) If the Client does not have sufficient funds in his/her account to make a transaction. Client’s funds usage
12.1 Funds belonging to the Client that are intended for trading purposes will be kept in the accounts of any banks and/or financial institutions used to accept funds, which the Company will specify from time to time. Funds will be held in the Client’s and/or the Company’s name. It is understood that the Company is not liable for any inability to pay as well as omission to act from any third party, which are connected to this clause.
12.2 The Client’s funds, deposited to his/her account, will be held in the Company accounts or on the account...
