Common use of The key risks of copy trading Clause in Contracts

The key risks of copy trading. 5.1 In making a decision to copy a specific trader or traders, strategy and/or portfolio, you should consider your financial situation, including your financial commitments. You should understand that copy trading is highly speculative and that you could sustain significant losses exceeding the amount used to copy a trader or traders as a result of the following: (a) it will involve automated trading execution whereby trades are opened and closed in your account without your manual intervention; (b) if you manually modify or close an order generated by the copy trading functionality, you may achieve a materially different result than the trader that you copied; (c) copied trades in amounts lower than the minimum trade will not be opened; (d) if you are copying all trades which are currently open, we will open your position at the best available price at the time of copying and not the price at the time which the trade being copied was originally opened; (e) cash-out and withdrawals by the copied trader, strategy and/or portfolio when you are using the copy trading functionality may also generate a materially different result than the trader that you copied as it may affect the copy trading proportions. This is due to a number of different factors including starting account balance, minimum trade size, the investor's account settings, differences in spread, interest and investment price at time of investment, and also the difference in fees that may be incurred; (f) following/copying the trading decisions of inexperienced and/or unprofessional traders; (g) following/copying traders whose ultimate purpose or intention, or financial status may differ from yours; and/or (h) following and/or copying traders who trade products restricted as a result of Applicable Law in relation to your account and where a replacement equivalent trade cannot be executed may result in the economic performance, portfolio composition, risk rating and other factors relating to your portfolio deviating from the portfolio of the copied trader. 5.2 We are unable to provide any guarantee as to the performance of any particular investment, account, portfolio or strategy. Please refer to the Risk Disclosure which applies to the underlying product that you are copying for more information on the risks associated with trading that product. 5.3 Past performance, risk scores, statistics and any other information with respect to NAGA traders under our copy trading functionality, or of different portfolios and trading strategies under our copy trading functionality are not reliable indicators of future performance. 5.4 We do not represent or guarantee that you will achieve profits or losses similar to those shown on the NAGA trader or portfolio that you are copying. We also do not represent or guarantee that the risk score of a trader will accurately reflect the risk of their future performances.

The key risks of copy trading. 5.1 In making a decision to copy a specific trader or traders, strategy and/or portfolio, you should consider your financial situation, including your financial commitments. You should understand that copy trading is highly speculative and that you could sustain significant losses exceeding the amount used to copy a trader or traders as a result of the following: (a) it will involve automated trading execution whereby trades are opened and closed in your account without your manual intervention; (b) if you manually modify or close an order generated by the copy trading functionality, you may achieve a materially different result than the trader that you copied; (c) copied trades in amounts lower than the minimum trade will not be opened; (d) if you are copying all trades which are currently open, we will open your position at the best available price at the time of copying and not the price at the time which the trade being copied was originally opened; (e) cash-out and withdrawals by the copied trader, strategy and/or portfolio when you are using the copy trading functionality may also generate a materially different result than the trader that you copied as it may affect the copy trading proportions. This is due to a number of different factors including starting account balance, minimum trade size, the investor's account settings, differences in spread, interest and investment price at time of investment, and also the difference in fees that may be incurred; (f) following/copying the trading decisions of inexperienced and/or unprofessional traders; (g) following/copying traders whose ultimate purpose or intention, or financial status may differ from yours; and/or (h) following and/or copying traders who trade products restricted as a result of Applicable Law in relation to your account and where a replacement equivalent trade cannot be executed may result in the economic performance, portfolio composition, risk rating and other factors relating to your portfolio deviating from the portfolio of the copied trader. 5.2 We are unable to provide any guarantee as to the performance of any particular investment, account, portfolio or strategy. Please refer to the Risk Disclosure which applies to the underlying product that you are copying for more information on the risks associated with trading that product. 5.3 Past performance, risk scores, statistics and any other information with respect to NAGA traders under our copy trading functionality, or of different portfolios and trading strategies under our copy trading functionality are not reliable indicators of future performance. 5.4 . We do not represent or guarantee that you will achieve profits or losses similar to those shown on the NAGA trader or portfolio that you are copying. We also do not represent or guarantee that the risk score of a trader will accurately reflect the risk of their future performances.

The key risks of copy trading. 5.1 6.1 In making a decision to copy a specific trader or traders, strategy and/or portfolio, you should consider your financial situation, including your financial commitments. You should understand that copy trading is highly speculative and that you could sustain significant losses exceeding the amount used to copy a trader or traders as a result of the following: (a) it will involve automated trading execution whereby trades are opened and closed in your account without your manual intervention; (b) if you manually modify or close an order generated by the copy trading CopyTrader functionality, you may achieve a materially different result than the trader that you copied; (c) copied trades in amounts lower than the minimum trade will not be opened; (d) if you are copying all trades which are currently open, we will open your position at the best available price at the time of copying and not the price at the time which the trade being copied was originally opened; (e) cash-out and withdrawals by the copied trader, strategy and/or portfolio when you are using the copy trading CopyTrader/CopyPortfolio functionality may also generate a materially different result than the trader that you copied as it may affect the copy trading proportions. This is due to a number of different factors including starting account balance, minimum trade size, the investor's account settings, differences in spread, interest and investment price at time of investment, and also the difference in fees that may be incurred; (f) following/copying the trading decisions of inexperienced and/or unprofessional traders; (g) following/copying traders whose ultimate purpose or intention, or financial status may differ from yours; and/or (h) following and/or copying traders who trade trade, or CopyPortfolios which include, products restricted as a result of Applicable Law in relation to your account and where a replacement equivalent trade cannot be executed may result in the economic performance, portfolio composition, risk rating and other factors relating to your portfolio deviating from the portfolio of the copied tradertrader or the CopyPortfolio. 5.2 6.2 We are unable to provide any guarantee as to the performance of any particular investment, account, portfolio or strategy. Please refer to the Risk Disclosure Schedule which applies to the underlying product that you are copying for more information on the risks associated with trading that product. 5.3 6.3 Past performance, risk scores, statistics and any other information with respect to NAGA Global Exchange fx traders under our copy trading CopyTrader and/or CopyPortfolio functionality, or of different portfolios and trading strategies under our copy trading CopyPortfolio functionality are not reliable indicators of future performance. 5.4 . We do not represent or guarantee that you will achieve profits or losses similar to those shown on the NAGA Global Exchange fx trader or portfolio that you are copying. We also do not represent or guarantee that the risk score of a trader will accurately reflect the risk of their future performances. 6.4 Please refer to clause 5 of the General Terms and Conditions for more information on the key risks of using our services.