COPY TRADING. 30.1. The Company gives you the opportunity to use the Copy Trading Services through its platform. By using the Copy Trading Service, the Company provides you with the ability to interact, follow and copy other traders’ strategies and/or portfolios by using the information, as they are provided in the Company’s platform. 30.2. Copy Trading is a trading functionality which allows you to copy the trades placed by other clients. By placing a copy order, you authorise the Company to automatically recreate this trade for you in your trading account without any prior consultation, consent, or approval. 30.3. In order to proceed and use the Copy Trading feature, the Client should bear in mind all aspects and factors including, but not limited to, the risk nature of the copied account and investment. 30.4. Before the client decides to engage in Copy Trading, he/she has the obligation to consider and decide whether Copy Trading is a suitable investment tool for him/her. 30.5. The Company does not provide investment advice, nor does it provide any personalized investment recommendations and/or advise the Client on the merits of any investments, either with respect to the Copy Trading services or any service. 30.6. The Company takes no responsibility or liability, of any kind, regarding any technical issues that may arise during the copy trading process, including but not limited to any potential profits or losses that may occur by using this service. 30.7. The Client is responsible for conducting his/her own due diligence prior to engaging in copy trading and understands that any losses incurred are the Client’s sole responsibility. 30.8. The client is solely responsible for his/her own trading decisions regarding who he/she may follow and/or decide to copy any trades from and the Company will not be held responsible or liable for any losses that may result from those decisions. 30.9. In deciding to Copy a specific trader or traders, strategy and/or portfolio, the Client understands that by using Copy Trading Services is highly speculative and that he/she can sustain significant losses exceeding the amount used to copy a trader or traders. 30.10. The Client needs to understand the Risks Associated with Copy Trading Services, including but not limited to, automated trading execution, whereby the opening and closing of trades will happen in the Client’s account without the Client’s manual intervention, unless the Client chooses to close the copy trade and take decisions independently from the master trader. The Company reserves the right, at its absolute discretion, to close any or all Open Position(s) of a Strategy Provider at any time and the Investor’s Account shall be adjusted accordingly. 30.11. The Company wants to point out the risks associated in making a decision to copy a specific trader or traders. The Client needs to understand that copy trading is highly speculative, and that the Client can sustain significant losses. If the Client manually modifies or closes an order generated by the copy trading functionality, he/she may achieve a materially different result than the trader that that the Client copied. In addition, if the Client is copying all trades which are currently open, he/she will open his/her position(s) 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. Also, cash-out and withdrawals placed by the copied trader when he/she is using the copy trading functionality may also generate a materially different result than the trader that he/she 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 Client's account settings, differences in spread, interest and investment price at time of investment, and also the difference in fees that may be incurred. There is always the danger of following/copying the trading decisions of inexperienced and/or unprofessional traders and following/copying traders whose ultimate purpose or intention, or financial status may differ from the Client. The Client should be very careful by following and/or copying traders who trade products restricted as a result of Applicable Law. 30.12. The Company cannot provide any guarantee as to the performance of any particular investment, account, portfolio or strategy. 30.13. The Company cannot guarantee that the Client will achieve profits or losses similar to those shown on the platform of the traders that he/she is copying. The Company also does not represent or guarantee that the risk score of a trader will accurately reflect the risk of their future performance. 30.14. The Company will not be liable to a Client for any damages, loss, cost, claim, demand or expense that he/she suffers (including loss of profits or any indirect or consequential losses) resulting from a Price Error and/or Copy Trading Error, including where the price error or copy trading error is made by any information source or from the Company’s decision to do anything under any Clause of this Client Agreement, except to the extent that it is caused by the Company’s own fraud, willful default, or gross negligence.
Appears in 3 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
COPY TRADING. 30.1. The Company gives you the opportunity to use the Copy Trading Services through its platform. By using the Copy Trading Service, the Company provides you with the ability to interact, follow and copy other traders’ strategies and/or portfolios by using the information, as they are provided in the Company’s platform.
30.2. Copy Trading is a trading functionality which allows you to copy the trades placed by other clients. By placing a copy order, you authorise the Company to automatically recreate this trade for you in your trading account without any prior consultation, consent, or approval.
30.3. In order to proceed and use the Copy Trading feature, the Client should bear in mind all aspects and factors including, but not limited to, the risk nature of the copied account and investment.
30.4. Before the client decides to engage in Copy Trading, he/she has the obligation to consider and decide whether Copy Trading is a suitable investment tool for him/her.
30.5. The Company does not provide investment advice, nor does it provide any personalized investment recommendations and/or advise the Client on the merits of any investments, either with respect to the Copy Trading services or any service.
30.6. The Company takes no responsibility or liability, of any kind, regarding any technical issues that may arise during the copy trading process, including but not limited to any potential profits or losses that may occur by using this service.
30.7. The Client is responsible for conducting his/her own due diligence prior to engaging in copy trading and understands that any losses incurred are the Client’s sole responsibility.
30.8. The client is solely responsible for his/her own trading decisions regarding who he/she may follow and/or decide to copy any trades from and the Company will not be held responsible or liable for any losses that may result from those decisions.
30.9. In The client is solely responsible for monitoring and/or checking his/her own trades and/or copy trades, which may be opened or closed while engaging in copy trading services/features of the Company and the Company will not be held responsible or liable for any losses that may result from those decisions and/or actions and/or omissions.
▇▇.▇▇. ▇▇ deciding to Copy a specific trader or traders, strategy and/or portfolio, the Client understands that by using Copy Trading Services is highly speculative and that he/she can sustain significant losses exceeding the amount used to copy a trader or traders.
30.1030.11. The Client needs to understand the Risks Associated with Copy Trading Services, including but not limited to, automated trading execution, whereby the opening and closing of trades will happen in the Client’s account without the Client’s manual intervention, unless the Client chooses to close the copy trade and take decisions independently from the master trader. The Company reserves the right, at its absolute discretion, to close any or all Open Position(s) of a Strategy Provider at any time and the Investor’s Account shall be adjusted accordingly.
30.1130.12. The Company wants to point out the risks associated in making a decision to copy a specific trader or traders. The Client needs to understand that copy trading is highly speculative, and that the Client can sustain significant losses. If the Client manually modifies or closes an order generated by the copy trading functionality, he/she may achieve a materially different result than the trader that that the Client copied. In addition, if the Client is copying all trades which are currently open, he/she will open his/her position(s) 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. Also, cash-out and withdrawals placed by the copied trader when he/she is using the copy trading functionality may also generate a materially different result than the trader that he/she 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 Client's account settings, differences in spread, interest and investment price at time of investment, and also the difference in fees that may be incurred. There is always the danger of following/copying the trading decisions of inexperienced and/or unprofessional traders and following/copying traders whose ultimate purpose or intention, or financial status may differ from the Client. The Client should be very careful by following and/or copying traders who trade products restricted as a result of Applicable Law.
30.1230.13. The Company cannot provide any guarantee as to the performance of any particular investment, account, portfolio or strategy.
30.1330.14. The Company cannot guarantee that the Client will achieve profits or losses similar to those shown on the platform of the traders that he/she is copying. The Company also does not represent or guarantee that the risk score of a trader will accurately reflect the risk of their future performance.
30.1430.15. The Company will not be liable to a Client for any damages, loss, cost, claim, demand or expense that he/she suffers (including loss of profits or any indirect or consequential losses) resulting from a Price Error and/or Copy Trading Error, including where the price error or copy trading error is made by any information source or from the Company’s decision to do anything under any Clause of this Client Agreement, except to the extent that it is caused by the Company’s own fraud, willful default, or gross negligence.
30.16. The Client herewith acknowledges, understands, accepts, and agrees that the copy trading functionality does not apply to Close By and Partially Close options of trades and/or positions and that you are solely responsible for monitoring and/or checking your own trades and/or copy trades, which may be opened or closed while engaging in copy trading services/features of the Company and the Company will not be held responsible or liable for any losses that may result from those decisions and/or actions and/or omissions.
30.17. NAGA Lead Traders may be copied by test accounts of the Company from time to time, at the sole discretion of the Company, for the purpose of product evaluation and testing. In such instances, where the copied trades originate from test accounts of the Company, Leaders will not be entitled to receive any auto-copy premium. The Company reserves the right to disclose relevant information to the Lead Traded, if this is deemed necessary.
30.18. NAGA Lead Traders can get paid for the profitable trades copied by other users. A Lead receives a percentage fee for each profitable trade every time it gets copied by other traders on NAGA. For detailed information on any fees or charges applicable to copy trading services, clients are advised to refer to the Company's official website and the Cost and Charges Policy, which are updated regularly to reflect current pricing and conditions.
Appears in 1 contract
Sources: Client Agreement
COPY TRADING. 30.1. The Company gives you the opportunity to use the Copy Trading Services through its platform. By using the Copy Trading Service, the Company provides you with the ability to interact, follow and copy other traders’ strategies and/or portfolios by using the information, as they are provided in the Company’s platform.
30.2. Copy Trading is a trading functionality which allows you to copy the trades placed by other clients. By placing a copy order, you authorise the Company to automatically recreate this trade for you in your trading account without any prior consultation, consent, or approval.
30.3. In order to proceed and use the Copy Trading feature, the Client should bear in mind all aspects and factors including, but not limited to, the risk nature of the copied account and investment.
30.4. Before the client decides to engage in Copy Trading, he/she has the obligation to consider and decide whether Copy Trading is a suitable investment tool for him/her.
30.5. The Company does not provide investment advice, nor does it provide any personalized investment recommendations and/or advise the Client on the merits of any investments, either with respect to the Copy Trading services or any service.
30.6. The Company takes no responsibility or liability, of any kind, regarding any technical issues that may arise during the copy trading process, including but not limited to any potential profits or losses that may occur by using this service.
30.7. The Client is responsible for conducting his/her own due diligence prior to engaging in copy trading and understands that any losses incurred are the Client’s sole responsibility.
30.8. The client is solely responsible for his/her own trading decisions regarding who he/she may follow and/or decide to copy any trades from and the Company will not be held responsible or liable for any losses that may result from those decisions.
30.9. In The client is solely responsible for monitoring and/or checking his/her own trades and/or copy trades, which may be opened or closed while engaging in copy trading services/features of the Company and the Company will not be held responsible or liable for any losses that may result from those decisions and/or actions and/or omissions.
▇▇.▇▇. ▇▇ deciding to Copy a specific trader or traders, strategy and/or portfolio, the Client understands that by using Copy Trading Services is highly speculative and that he/she can sustain significant losses exceeding the amount used to copy a trader or traders.
30.1030.11. The Client needs to understand the Risks Associated with Copy Trading Services, including but not limited to, automated trading execution, whereby the opening and closing of trades will happen in the Client’s account without the Client’s manual intervention, unless the Client chooses to close the copy trade and take decisions independently from the master trader. The Company reserves the right, at its absolute discretion, to close any or all Open Position(s) of a Strategy Provider at any time and the Investor’s Account shall be adjusted accordingly.
30.1130.12. The Company wants to point out the risks associated in making a decision to copy a specific trader or traders. The Client needs to understand that copy trading is highly speculative, and that the Client can sustain significant losses. If the Client manually modifies or closes an order generated by the copy trading functionality, he/she may achieve a materially different result than the trader that that the Client copied. In addition, if the Client is copying all trades which are currently open, he/she will open his/her position(s) 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. Also, cash-out and withdrawals placed by the copied trader when he/she is using the copy trading functionality may also generate a materially different result than the trader that he/she 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 Client's account settings, differences in spread, interest and investment price at time of investment, and also the difference in fees that may be incurred. There is always the danger of following/copying the trading decisions of inexperienced and/or unprofessional traders and following/copying traders whose ultimate purpose or intention, or financial status may differ from the Client. The Client should be very careful by following and/or copying traders who trade products restricted as a result of Applicable Law.
30.1230.13. The Company cannot provide any guarantee as to the performance of any particular investment, account, portfolio or strategy.
30.1330.14. The Company cannot guarantee that the Client will achieve profits or losses similar to those shown on the platform of the traders that he/she is copying. The Company also does not represent or guarantee that the risk score of a trader will accurately reflect the risk of their future performance.
30.1430.15. The Company will not be liable to a Client for any damages, loss, cost, claim, demand or expense that he/she suffers (including loss of profits or any indirect or consequential losses) resulting from a Price Error and/or Copy Trading Error, including where the price error or copy trading error is made by any information source or from the Company’s decision to do anything under any Clause of this Client Agreement, except to the extent that it is caused by the Company’s own fraud, willful default, or gross negligence.
30.16. The Client herewith acknowledges, understands, accepts, and agrees that the copy trading functionality does not apply to Close By and Partially Close options of trades and/or positions and that you are solely responsible for monitoring and/or checking your own trades and/or copy trades, which may be opened or closed while engaging in copy trading services/features of the Company and the Company will not be held responsible or liable for any losses that may result from those decisions and/or actions and/or omissions.
30.17. NAGA Lead Traders may be copied by test accounts of the Company from time to time, at the sole discretion of the Company, for the purpose of product evaluation and testing. In such instances, where the copied trades originate from test accounts of the Company, Leaders will not be entitled to receive any auto-copy premium. The Company reserves the right to disclose relevant information to the Lead Traded, if this is deemed necessary.
Appears in 1 contract
Sources: Client Agreement